Could $SOL Hit $200 This September?
Some market analysts are buzzing with optimism about Solana's potential to soar past the $200 mark this September. With its technical indicators flashing bullish signals, many believe a rally could be on the horizon.
đ One sharp-eyed analyst has spotted what might be an Adam and Eve pattern on Solana's chartsâan indicator that often heralds a price surge. If $SOL can break through its immediate resistance, it might first target $167. And if it clears this hurdle, we could see a 33% to 40% leap, propelling the price towards the $220 range. Imagine turning a $1,000 investment into $1,380 or even $1,400 in just 30 days!
đ But it's not all smooth sailingâSolana has recently dipped by 20%, facing significant challenges. Still, September 2024 holds promise. With the Federal Reserve expected to cut interest rates for the first time in over a year, easing inflation could spark a bullish wave across the crypto market, possibly boosting Solana's momentum.
Remember, this isnât financial adviceâalways do your own research before making any investment decisions.
#DOGSONBINANCE #Write2Earn! #BNBChainMemecoins #TelegramCEO #EaglesFam @Solana_Official $SOL
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đš Dogecoin (DOGE) Update đš
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đ Today, DOGE has taken a hit, dropping by about 5.7% in the past 24 hours. It's currently trading at around $0.0997, with a hefty trading volume of $656 million. The marketâs looking bearish as investors seem to be offloading their DOGE holdings, pushing prices down.
đź While this dip might be worrying, some analysts believe DOGE could rebound in the future. But bewareâthereâs still uncertainty in the air, and prices might fall further before we see any significant recovery.
đ Stay tuned to market trends, as things can shift quickly in the crypto world. Keep an eye on the latest updates and predictions to navigate this volatile market effectively.
#Dogecoin #CryptoNews #CryptoMarket #DOGE #Cryptocurrency
Swing Trader Crypto: $ETH $LTC $BCH and other crypto, based on (TA)
Position and Risk Management: This AI Robot is designed to discover mid-term trends and stay in a position until the trend is over. The idea is to find consolidation points of volatility that become points of entry. The trade ideas are then filtered by Stochastic, MA, Custom Volatility technical indicators, and other proprietary algorithms. As a result, trades move in the direction of the leading indices. The Exit Points (Sell signals for long positions and the opposing signals for short positions) are based on long-term trend breaks. When the direction of the stock changes, this allows you to control risks and not limit profits. Â
The robot's trading results are shown without using margin. Every minute, AI Robot scans the crypto (5) listed in the field âCustomizedâ. A user can adjust the cryptos selected and see changes in the expected number of trades per day and/or other statistics.Â
Ideal for Traders:Â In the tab âOpen Tradesâ, a user can see live how AI Robot selects equities, and enters and exits in paper trades. In the tab, âClosed tradesâ, a user can review all previous trades made by AI Robot and analyze all statistics, such as maximum number of trades, Sharpe ratio, average winners and losers, etc.
Trading Dynamics and Specifications:
Maximum Open Positions: High, enabling the robot to diversify across numerous trades and reduce risk through market exposure.Robot Volatility: High, suited for navigating and capitalizing on market swings.Universe Diversification Score: Low, indicating a narrow array of instruments to hedge against sector-specific downturns and enhance profit opportunities.Profit to Dip Ratio (Profit/Drawdown): Medium, offering a balanced profit vs. drawdown scenario that makes it an ideal intermediates and experts.Optimal Market Condition High: If the current market volatility is High then you should use the Best Robots in High Volatility Market (VIX is High - this indicator is coming soon).Â
#HotTrends #Tickeron #TechnicalAnalysis #signals
DarrenSRS, a prominent figure in the crypto community, recently made a significant portfolio adjustment. đłđŠ They swapped 30,000 $LINK , valued at approximately $334,000, for 12,086 $ENS ($221,000) and 57.6 $MKR ($113,000).
This marks the first time they've invested in #ENS and #MKR .
#LINK and ENS have experienced price declines in the past 24 hours. đąđ LINK dropped by 5%, while ENS saw a more significant 9% decrease. These fluctuations could impact the overall profitability of the trade in the short term.
DYOR! #WhaleAlert
Source: SpotOnChain
$BTC BITCOIN BREAKDOWN! IS THIS THE START OF A BIG DROP?
Bitcoin just cracked below a major trendline, sending shockwaves through the market. Itâs now hanging by a thread near $61,746 support. If this level doesn't hold, we could see a dive to $50,850 or lower.
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Trader Tip: If youâre short, ride the wave down. Bulls, watch for a bounce, but be ready to exit quick if support collapses. This could get rough!
NFA / DYOR
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
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Since the launch of the $DOGS token withdrawal feature to non-exchange wallets, the $TON network has been facing significant transaction delays. Due to this overload, warnings about potential service disruptions have been issued by platforms like Wallet, STONfi, and others.
DOGS, following the footsteps of Notcoin, has quickly gained popularity on the TON blockchain. Unlike many memecoins, DOGS has a unique goal: to bring Pavel Durov's vision of sticker NFTs to Telegram. This innovative concept could make DOGS a leader in this niche.
Stay updated on the latest developments as TON network continues to adapt to the growing demand for DOGS.
#becomecreator
$BTC $SOL
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Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Bitcoin hit the lowest price since Aug. 19. It was not immediately clear what sparked the sell-off.
By Nikhilesh De, Krisztian Sandor
AccessTimeIcon
Bitcoin dove late Tuesday. (CoinDesk)
Bitcoin dove late Tuesday. (CoinDesk)
Cryptocurrencies suffered substantial losses as the U.S. business day came to a close, with bitcoin (BTC) tumbling below $59,000 and Ethereum's ether (ETH) losing almost 10%.
Bitcoin had topped $62,700 earlier in the day, but recently was down 6.5% from 24 hours earlier. Amid the rout, it got as low as $58,240, the lowest price since Aug. 19. Ether traded as high as $2,700 earlier Wednesday, but recently fetched less than $2,500
#BTC/USDT ANALYSIS
Bitcoin has recently broken down from an ascending triangle pattern with significant volume, indicating a potential shift in momentum. It is currently trading within the Ichimoku Cloud, which is acting as support.
If the cloud holds, we could see a bounce from this level. However, if Bitcoin breaks below the Ichimoku Cloud support, further market correction may follow.
#bitcoinâïž slips under $60,000 again as crypto market faces broad pressure
Bitcoin's price dipped below $60,000 late Tuesday, reflecting a broader downturn in the cryptocurrency market. Bitcoin ($BTC ) is down 5.4% over the past 24 hours, trading at $59,600 at the time of writing, according to The Block's data. Ether (ETH) experienced a sharper decline, dropping 7.7% to $2,480.
Among the top 10 #Cryptocurrencies , Solana ($SOL ) fell by 7% to $147.5, and Dogecoin (DOGE) lost 6.3%, now trading at $0.099. The overall cryptocurrency market dropped by 6.3% in the last day, according to The Block.
BTC Markets Crypto Analyst Rachael Lucas explained that the downturn doesn't stem from a single catalyst but rather a mix of factors. She pointed out that technical indicators suggest the U.S. Dollar Index (DXY) is oversold on the daily chart, which could lead to a dollar rebound, traditionally putting downward pressure on risk assets like cryptocurrencies.
Lucas also mentioned the possible impact of seasonality, particularly the "September Effect," which has historically seen markets underperform due to portfolio rebalancing, tax-loss harvesting, and increased caution ahead of U.S. elections.
The downturn has been exacerbated by numerous crypto liquidations, with Glassnode data revealing over $287 million in long crypto positions were liquidated in the past 24 hours.
Augustine Fan, Head of Insights at SOFA.org, noted that short-dated volatility surged as traders scrambled to buy downside protection, driven by poor underlying momentum from supply overhang and a lack of near-term on-chain catalysts.
Solana's bullish sentiment is driven by recent performance. Analyst Ali Martinez sees the $164 resistance as key; clearing it could lead to a 33% rise toward $220, a level not reached since late 2021.
BTCMarkets' Lucas warned that if Bitcoin continues to trade below its 50-day moving averageâa key technical level at $61,991âit could fall to around $56,000 in the near term.
Source - theblock.co
#CryptoTrends2024 #BinanceSquareBTC #CryptoMarketTrend
đš PEPE's Explosive Path to $0.00001725: The Bullish Flag is Flying High! đ„đ
PEPE is gearing up for a massive breakout, and the charts are screaming BULLISH! đ
đ„ **Increased Volume & Money Flow**: PEPE is attracting serious attention, with volume surging and money flow pouring in like never before. The market's eyes are on PEPE, and the bulls are in control.
đź **MACD Signals Go!**: The Moving Average Convergence and Divergence (MACD) indicator is flashing green, with the blue line crossing above the red and heading into positive territory. This surge in bullish strength is a clear sign that PEPE is ready to soar!
đ° **Chaikin Money Flow (CMF) Rising**: Since mid-August, the CMF has been steadily climbing into the positive zone. This means liquidity is flowing into PEPE, setting the stage for a significant rally.
đ **Retail Traders & Active Addresses Surge**: Retail interest is spiking, and more traders are jumping on the PEPE train. With daily active addresses increasing, the momentum is building for an epic push towards $0.00001725.
**PEPEâs breakout is coming. The flag is up, the bulls are charging, and this meme coin is primed for takeoff. Donât miss out on the action!** đ #PEPE #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO
Can $SOL Hit $200 This September?
Some market analysts are optimistic that Solana could reach the $200 mark within the next month. According to expert forecasts, Solana may be gearing up for another rally, with its technical indicators showing bullish signals.
[Please Visit My Profile and Cast Your Vote](https://www.binance.com/en/square/profile/Crypto_Eagles)
One analyst pointed out that $SOL might be forming an Adam and Eve pattern on the charts, which historically precedes a price increase.
The analyst projects that if Solana breaks through its immediate resistance, it could first climb to $167. Should it surpass this level, a 33% to 40% jump towards the $220 range might follow.
This could mean that an investment of $1,000 today could potentially grow to between $1,380 and $1,400 over the next 30 days. However, this projection depends on overcoming substantial challenges, as Solana has recently seen a 20% decline in value.
September 2024 could be a promising month for Solana due to several factors. Notably, the Federal Reserve is expected to lower interest rates in the US for the first time in over a year. With signs of inflation easing, this rate cut could foster a more bullish sentiment across the cryptocurrency market, potentially benefiting Solana and contributing to its upward momentum.
I am not giving you a financial advice. Do your own research before any decision.
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #EaglesFam @Solana_Official
đ„COINBASE CEO SAYS PAYMENTS WILL BE CRYPTO'S NEXT BIG THING
Coinbase CEO Brian Armstrong thought payments would be the first major use case for crypto, but trading stole the show.
Now, he's back on the payments hype, thanks to stablecoins, layer 2 tech, and smoother onboarding.
Heâs betting the next 10 years will be all about crypto payments.
By the way, few days ago Bitcoin ETFs record biggest net inflow since July at $250 million, after Fed Chairman JPowell's speech at the Jackson Hole Symposium, where he hinted at the possibility of interest rate cuts.
Investors expect that a less rigid monetary policy will have a positive effect on asset prices, including cryptocurrencies, which shows the growing interest in Bitcoin against the backdrop of changes in US economic policy. $BTC
What an irony)) #BTCçȘç Ž7äžć€§ć
ł
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BREAKING!!đš
đAlameda Research transferred 143,770 $WLD ($217K) to Binance đ»
đčïžTotal deposited 698,312 WLD ($1.13M) in 4 small batches to Binance.
đčïžCurrently, Top 2 holdings are 98.86M BIT ($78.8M) and 24.3M WLD ($36.2M).
Worldcoin is designed to become the world's largest privacy-preserving human identity and financial network, giving ownership to everyone. Worldcoin aims to provide universal access to the global economy no matter your country or background, establishing a place for all of us to benefit in the age of AI.
#WLDâââ #WLD/USDTâĄïžâĄïž
$WLD
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$DOGS
đ[VISIT MY PROFILE VOTE FOR ME AND CLAIM YOUR REWARD](https://www.binance.com/en/square/profile/maidah_aw)đ
DOGS has recently formed a high of 0.00129, which is a crucial resistance level. A break above this level could indicate a potential trend reversal. The token has also established a recent low of 0.00114, which could provide support in case of a pullback. The Relative Strength Index (RSI) is showing a neutral condition, indicating a potential for a breakout.
Trading Setup:
DOGS Long Setup
Entry:
- Anticipated entry on a breakout above 0.00129 (recent high)
Targets:
- Target 1: 0.0014
- Target 2: 0.0016
Stop Loss:
- 0.0010 (below recent low)
Setup Summary:
This is a long setup for DOGS, with an anticipated entry on a breakout above 0.00129 (recent high). The setup has two targets, 0.0014 and 0.0016, with a stop loss set at 0.0010 (below recent low).
â ïž Risk Management:
- Stop loss is set below recent low to limit potential losses
- Two targets provide potential exit points for profit-taking
Market Context:
- DOGS has formed a resistance level at 0.00129, which must be broken for the setup to be valid
- Breakout above resistance could indicate trend reversal
- Traders should be cautious of changing market conditions and adjust their strategy accordingly
â ïž Disclaimer:
- This is not financial advice, and traders should do their own research before making any decisions
Support us and cast your vote that will encourage me to create more amazing content for you all đ
$DOGS
#TelegramCEO #Write2Earn! #BinanceTurns7 #dogs #BinanceLaunchpoolDOGS
$BTC Quest for $100,000: A Possibility by September?
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Bitcoin's journey towards reclaiming the $65,000 resistance level is crucial in its ambitious push to reach $100,000. Recent market trends suggest this milestone might be achievable in the coming months, driven by growing cryptocurrency adoption.
As digital currencies gain traction, they're becoming a focal point for experts and officials, particularly with the US election sparking added interest. Notably, Donald Trump's campaign has expressed strong support for cryptocurrencies, boosting market optimism.
The success of Bitcoin ETFs has significantly enhanced its performance, with substantial inflows continuing to attract investors. If Bitcoin closes above the critical resistance level of $65,440, it may trigger a bullish trend, potentially driving the price to a new local peak of around $87,000 and ultimately aiming for $100,000.
A combination of growing demand, political support, and successful ETFs creates a favorable environment for Bitcoin to potentially reach $100,000 by year-end. However, it's essential to conduct your own research before making investment decisions
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#bitcoinâïž #DOGSONBINANCE #TelegramCEO #CARVingTheFutureOfData #BecomeCreator