Potential Trends in Memecoins: $MOG, $SHIB, and $BOMEThe increasing popularity of $MOG suggests it could see a price adjustment, possibly dropping a zero. This potential shift is likely influenced by the performance of Bitcoin. Both $SHIB and $BOME could play significant roles in this trend. Historically, $MOG has shown impressive gains, with previous increases reaching 24x. Keeping track of these coins and the broader market trends is essential for understanding future movements.
Pavel Durov, CEO of Telegram, is facing a renewed investigation in Switzerland over serious allegations of child abuse. According to a Forbes report, his former partner, Irina Bolgar, has accused him of physically harming their youngest child. These allegations emerged following Durov's recent arrest in France and are part of a broader legal battle involving unpaid child support and a contentious custody dispute.
Bolgarâs criminal complaint, filed in March 2023, accuses Durov of physical aggression towards their child on multiple occasions between 2021 and 2022. The case includes evidence such as message transcripts and medical records detailing injuries and ongoing issues like sleep disorders. Bolgar also claims Durov stopped paying child support and ceased contact with their children in September 2022. After an initial dismissal, the case was reinstated following Bolgar's successful appeal.
đ $DOGS Price Surge: September 2024 Could Bring a 228% Rally! đ
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According to recent forecasts, $DOGS is poised for a significant bullish breakout in September 2024. Market analysts are anticipating a remarkable 228% increase in the token's price, potentially pushing it to around $0.007 by September 24, 2024. This potential surge is part of a broader market trend, where increased interest and positive sentiment are driving growth. If the current momentum continues, DOGS could become a standout performer in the coming month. Investors should keep an eye on this exciting development as DOGS aims for new heights! đđ
$DOGS
{spot}(DOGSUSDT)
$SUI /USDT Update đš
$SUI is currently facing a notable decline, with its price at $0.7841, marking a 14.66% drop today alone. Over the past week, the coin has decreased by 10.50%, continuing a bearish trend. The lowest price in the past 24 hours was $0.7624, while the highest was $0.9273, indicating weak support and distant resistance.
Over the last 90 days, $SUI has lost 23.04%. In this context, it's crucial to stay alert. Watch for a potential rebound near the $0.7500 range or further decline if support breaks. Long-term investors may view this as a buying opportunity, but short-term traders should be cautious of more drops.
#SUI #Write2Earn! #Crypto #BinanceSquareFamily
Current Price: $0.8204 (-8.65%)
Kamala Harrisâs Proposed Tax Hikes: Are We Facing Historic Increases?Recent discussions suggest that Kamala Harris could be advocating for significant changes to the U.S. tax system, including a potential rise in the top capital gains tax rate to 44.6%, the highest in over a century. This proposal has raised concerns across financial markets, particularly in stocks and cryptocurrencies, as investors weigh the impact of such a move.Additionally, the possibility of taxing unrealized gains and raising corporate tax rates from 21% to 28% is also on the table. Critics argue that these changes could lead to job losses, increased costs for consumers, and a dampening effect on investment returns. However, Harris and her supporters believe these measures are crucial for tackling inequality and reducing corporate greed.The debate is heating up: Will these proposals reshape Americaâs economic landscape, or could they drive investors to look elsewhere? #TaxPolicy #EconomicDebate #InvestmentConcerns #USPolitics
đ **Bitcoin Long-Term Holders Hit $10 Billion Milestone!** đ
Bitcoin enthusiasts, rejoice! The realized capitalization of Bitcoin long-term holders (LTH) has soared past the $10 billion mark for the first time ever! This milestone underscores the growing confidence among investors who hold onto their BTC for over 155 days, showcasing their belief in Bitcoinâs long-term potential. đ
According to CryptoQuant's Amr Taha, this surge signifies a maturing market, with more capital being held by steadfast believers in Bitcoin's enduring value. Analyst Alex Adler also noted a significant reduction in selling pressure from LTH, indicating increased confidence in BTC's trajectory. đ
While the market has been in a structural downtrend, on-chain data and perpetual futures markets show signs of stabilization. Glassnode's analysis suggests that this calm phase might be the precursor to heightened volatility. So, buckle up, Bitcoiners! đ
**News Flash: New Crypto Options for Hong Kong Retail Investors**
Retail crypto investors in Hong Kong now have more choices! Hashkey, one of only two fully licensed exchanges in the region, has just listed Avalanche (AVAX) and Chainlink (LINK) for trading against the US dollar. Previously, retail offerings were limited to Bitcoin and Ether.
**Key Points:**
- **New Listings:** AVAX and LINK join Bitcoin and Ether for retail trading.
- **Why These Coins?** Chosen due to no legal conflicts, unlike many other cryptocurrencies.
- **Market Impact:** AVAX ranks 13th with a $9.3B market cap; LINK is 16th at $6.9B.
- **Future Listings:** More coins could be approved for retail trading soon.
This move signals a potential acceleration in Hong Kong's Web3 development, with Hashkey CEO Livio Weng suggesting more retail listings could be on the horizon. Stay tuned!
Is AVAX/USDT Set for Further Declines? Key Support Levels to Watch
$AVAX
{spot}(AVAXUSDT)
{future}(AVAXUSDT)
The #AVAX/USDT pair on Binance's 1-hour chart shows a bearish momentum after failing to sustain above key resistance levels. The price is currently trading below the 200-period moving average (MA), which is set at $25.30, indicating a bearish trend. The Volume Weighted Average Price (VWAP) is slightly below at $24.03, suggesting consolidation around this price level.
The Relative Strength Index (RSI) stands at 41.56, reflecting bearish momentum but not yet oversold, indicating potential for further downward movement. The Moving Average Convergence Divergence (MACD) histogram is below the zero line, with the MACD line below the signal line, signaling increased bearish momentum. This setup suggests that AVAX/USDT may continue its downward trajectory, potentially testing lower support levels.
On the 1-hour published chart, the price action shows a clear breakdown from a previous support level around $25. The chart indicates potential support around $22.23, which, if breached, could lead to further declines towards the $20.54 level or lower.
Conversely, if the price manages to hold above the $23 level, there might be a chance for a short-term rebound towards the immediate resistance at $25, although the overall trend remains bearish.
Disclaimer: The information provided in this analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are volatile and carry a high risk. Always perform your own research before making any investment decisions.
#AVAXâ
#6thTrade #CryptoMarketMoves #Market_Update
Bitcoin Market Update: Potential Buying Opportunity Ahead?
I anticipated Bitcoinâs price would dip, and once again, it has! Currently, Bitcoin ($BTC) is trading within the $57,200 to $58,000 range. If it fails to hold above the $57,400 support level, we could see a drop to around $56,000. For those looking to invest, this might be a prime chance to buy $BTC at a lower price.
Stay alert and watch the market closelyâopportunities to invest might be just around the corner. What do you think? Will Bitcoin bounce back, or is a further dip coming? Letâs keep an eye on the developments!
#Binance
#Crypto
#BTC
#InvestSmart
đ„ JUST NOW: 4-hour BTC/USDT chart a key decision point for Bitcoin.
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The price has recently broken below a key ascending trendline and is currently testing a significant support level around $58,354, marked as "4h Support LQ Low." This zone also aligns with a psychological level near $60,000. we already predict this move if you following our analysis you know.
A failure to hold above this support could see Bitcoin heading towards lower levels, with major support around $56,000 to $54,250, which is highlighted as a crucial area to maintain the bullish structure.
If the $52,250 support fails, it could invalidate the current support and potentially push the price down to $44,000. Conversely but..., reclaiming higher levels near $60,427 and breaking above $62,018 could signal renewed bullish momentum, aiming for resistance near $65,641.
Monitoring these levels will be critical to anticipate the next move in Bitcoin's price action.
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MATIC/USDT Testing Critical Support Zone
$MATIC
{future}(MATICUSDT)
{spot}(MATICUSDT)
The #MATIC/USDT⥠pair on Binance's 4-hour chart shows a continued bearish trend, currently trading around $0.4370. The price is below the 200-period moving average (MA), which is currently at $0.4595, indicating a bearish trend. The Volume Weighted Average Price (VWAP) is at $0.4478, suggesting that the price has been consolidating around this level.
The Relative Strength Index (RSI) is at 23.11, reflecting strong bearish momentum and nearing oversold conditions, indicating a potential short-term bounce. The Moving Average Convergence Divergence (MACD) shows a histogram below the zero line, with the MACD line at -0.0076 and the signal line at -0.0135, indicating continued bearish momentum.
On the 4-hour published chart, the price action shows a clear breakdown from the previous consolidation range between $0.44 and $0.47. This move is confirmed by increased trading volume, validating the downward move. The price action is currently testing the support zone around $0.42. A sustained break below this level could pave the way for further declines toward the next significant support level around $0.40.
Conversely, if the price holds this support level, there is potential for a rebound back toward the nearest resistance around $0.47.
Disclaimer: The information provided in this analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are volatile and carry a high risk. Always perform your own research before making any investment decisions.
#6thTrade #MATICâ
#MarketSentimentToday #CryptoMarketMoves
$SUI
{spot}(SUIUSDT)
{future}(SUIUSDT)
The #SUI/USDT pair on Binance's 1-hour chart indicates a bearish trend, with the price currently trading below the 200-period moving average (MA) at $0.9179. The Volume Weighted Average Price (VWAP) is positioned at $0.8175, which aligns closely with the current price level, suggesting that the asset is in a consolidation phase near its support.
The Relative Strength Index (RSI) is currently at 44.41, reflecting a neutral to slightly bearish momentum without reaching oversold conditions, leaving room for further downside movement. The Moving Average Convergence Divergence (MACD) histogram is below the zero line, and the MACD line is below the signal line, indicating that bearish momentum is still dominant, although a potential reversal might be in the making if these lines converge again.
On the 1-hour chart, the price is seen testing the lower boundary of the recent consolidation range between $0.80 and $0.90. This suggests a support zone around $0.80, which is critical for maintaining the current range. A break below this support could lead to further downside, potentially targeting the $0.70 level or lower.
Conversely, a breakout above the immediate resistance at $0.90 could pave the way for a test of the next significant resistance level around $1.00. The chart also indicates a descending triangle formation, which is typically a bearish continuation pattern, suggesting potential further declines if the lower support fails.
Disclaimer:
The information provided in this analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are volatile and carry a high risk. Always perform your own research before making any investment decisions.
#6thTrade #SUIđ„ #Market_Update #CryptoMarketMoves
#BTC UPDATE ...
"Bitcoin is trading at $57,500 amid strong demand. A critical price range of $57,400-$58,500 will determine its next move. If Bitcoin falls below this level, it may drop to $55,000, where investors are waiting to buy. Be cautious and analyze the market carefully before investing. A price break could lead to more declines. Invest wisely to manage potential risks."
#binance #BNB #BTC #write2earn
The 4-hour ALT/USDT chart shows a recent breakdown below a rising channel, indicating potential bearish momentum. Currently, the price is testing a key support zone within a 4-hour Bullish Fair Value Gap (FVG), with the 61.8% Fibonacci retracement level around 0.07847 acting as a critical support.
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If this level holds, we might see a bounce back, but if it breaks, further downside toward the 0.07326 level could be expected. Bulls need to reclaim the channel to regain control, while bears will be eyeing a sustained move below the FVG.
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