â ïž **URGENT: Key Updates on $DOGS, $NOT, and $PEPE!**
đ **Head over to my profile, cast your vote, and snag a $5 reward!** đ
### đ **$DOGS**
**Current Price:** $0.0012622
**Surge:** +131.43%
- **Support:** $0.001200
- **Resistance:** $0.001300
**Quick Take:** DOGS is on a major upswing. The critical support at $0.001200 has been solid, and breaking above $0.001300 could fuel more gains. But if it slips below $0.001200, a retreat to $0.001150 could be on the horizon.
### đ **$NOT**
**Current Price:** $0.00864
**Drop:** -8.96%
- **Support:** $0.00850
- **Resistance:** $0.00900
**Quick Take:** NOT is trending downward. The $0.00850 support level is key, and breaking above $0.00900 could reverse the trend. On the other hand, a fall below $0.00850 might push it down to $0.00820.
### đ» **$PEPE**
**Current Price:** $0.00000858
**Decline:** -5.19%
- **Support:** $0.00000850
- **Resistance:** $0.00000900
**Quick Take:** PEPE is facing a dip, with $0.00000850 acting as critical support. If it can break above $0.00000900, we might see some recovery, but a drop below could send it towards $0.00000820.
---
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*This Altcoinâs Biggest Whale Goes Again into Buying Mode*đđ
In one of the most talked about tokens of the recent period in the memecoin market, the biggest whale continues to make repurchases in an interesting way.
According to Onchain data, the top whale of the *memecoin dogwifhat (WIF) purchased 800,556* WIF worth $1.54 million at the average price of $1.92.
Cryptocurrency whales that own a significant portion of an altcoinâs supply are usually talked about by selling, not buying, which is why this whaleâs purchase of WIF is particularly notable.
WIF was one of the biggest stars of the Solana-based memecoin boom. At the time of writing, WIF is the fourth largest memecoin in the world, behind Dogecoin, Shiba Inu, and PEPE, and has a total market cap of $472 million.
WIF has staged an impressive 30% rally in the last week.
**This is not investment advice.*
Currently, this whale has 28 million WIF worth $53.23 million, and with its sales, its total profit to date has exceeded $77 million.
$WIF #wifusdt
đ **Bitcoin ETFs Soar with $202.6M Inflows!** đ
Hey BTC enthusiasts! Monday, Aug. 26 was a big day for Bitcoin ETFs in the US, raking in a whopping $202.6 million! đ This marks the second-largest inflow day this month and the eighth consecutive day of positive flows. đ
Leading the charge was BlackRock's iShares Bitcoin Trust (IBIT) with a massive $224 million inflow, its largest since July 22. Franklin Bitcoin ETF (EZBC) and WisdomTree Bitcoin Fund (BTCW) also saw gains, with $5.5 million and $5.1 million, respectively.
Despite some outflows from other ETFs, Bitcoin's popularity remains strong. Keep an eye on BTC, folks! đđ°
TON Update â Don't Touch It Right Now đ
ââïž
Since the news about Pavel Durov's arrest hit the news channels, TON has started a free fall. Overall, the price is down ~25%.
Recently, the price found support at the $ 5 level, which also served as strong support during the early August crash.
However, it is unclear if we will see a similar bounce to the one in August (+40% in 10 days). Certainly, there is a high probability that the market is overreacting, and we will see relief soon.
On the other side, the impact of Durov's arrest on Telegram and TON is still unclear. Therefore, it just needs some bearish news, and TON might make another move toward the downside.
My takeaway: Investing and trading TON is far too risky. It's better to stay sidelined for the moment.
$TON #tonecoin #FREEDUROV
#JUP $JUP
MartClues AI Analysis: Bearish Breakout from Triangle Pattern
Trade Setup:
The price has recently broken through the support line of a Triangle pattern as of Aug 27, 7:00 UTC. This breakout suggests a potential bearish trend continuation with a forecasted decline towards the 0.8594 support level within the next 13 hours.
Pattern: Triangle Breakout
The Triangle pattern, when it breaks through support, indicates a possible bearish movement. Traders often anticipate a continuation of the downward trend following such a breakout. For accurate entries and exits, traders typically wait for confirmation of the breakout and a clear downward trend. Learn more about trading Triangle patterns in Lesson 8.
Trend and Momentum:
Short-term Trend: Down (post-breakout)Medium-term Trend: BearishLong-term Trend: Bearish
Momentum indicators should be monitored closely to confirm the bearish trend. If the price shows sustained weakness and approaches the 0.8594 level, it could validate the bearish forecast.
Support and Resistance:
Nearest Support Zone: 0.8594Nearest Resistance Zone: (if the pattern reverses) Levels above the current support may need to be considered based on new patterns.
Take Action:
Watch for further confirmation of the bearish movement. If the price continues to decline as anticipated, it could validate the forecasted target of 0.8594. Set a price alert to monitor this movement closely and adjust your trading strategy based on real-time data and trend developments.
4o mini
đš#đđčđźđ°đžđ„đŒđ°đž đ·đđđ đŻđŒđđŽđ”đ đŻ,đČđŹđŹ $BTC đđŒđżđđ” $đźđźđź đșđ¶đčđčđ¶đŒđ» đđČđđđČđżđ±đźđ.
But what happened to $BTC price?
It droppedđą
Why? S&P 500 and Nasdaq Exchange closed in the red, while Dow Jones hit a new ATH.
Now, all eyes are on #NVIDIA's earnings tomorrowâif they exceed expectations, @Nasdaq could pump, taking $BTC and #Crypto along for the ride.đ
đ I just made **$9,586** from the #DOGS Airdrop! đ„ Got a whopping **28,540,731 $DOGS** coins, and guess what? I'm still holding strong! đȘ
Now, I'm shifting gears to another exciting alpha airdrop that could earn me **$22K-$35K**! đ° This Sigma Airdrop is **100% verified** â
and backed by **#Binance** and other major crypto projects. đ Best part? It's completely **FREE** with **$0 investment**! đ±
If you're ready to dive into this opportunity, you can join the action hereâjust click the link below for all the details and step-by-step guide. đ
đ **[Airdrop Link] (https://s.id/e8GOc)** (Note: Copy the link and open it in Telegram for access)
And donât buy into the myth that you need referrals to earn big! đ Many in my group have already raked in **$1K-$2K**+ from the #DOGS Airdrop with ZERO referrals. đ€
Pro tip: Create multiple accounts and stay active on all. Consistency is key! đ€ Want more tips? Hit that follow button and stay updated for more golden opportunities! đ
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#1000x incoming⊠$LUNC đ„đđ
#LUNC is showing bullish momentum with key technical indicators pointing towards a potential massive rally. Currently trading around $0.000084, it's approaching significant resistance levels, and a breakout could lead to a strong upward movement.
On the daily chart, $LUNC is holding above its 50-day moving average, and RSI is trending upwards, indicating growing buying pressure. The MACD has also crossed bullish, signaling further potential upside.
Keep an eye on this one, as it could be a game-changer. đ
#bullruns #altcoins #cryptocurrency #trading #LUNA #LUNC. #BTCâ #Ethereumâ
Disclaimer: Always conduct your own research (DYOR) before investing. As cryptocurrency market are highly unstable so invest at your own risk, and invest that you can afford to lose even if it is $1.
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Major Developments in China and the U.S. Uncovered: Chinese AI Engineers Exploit Advanced U.S. Chips in SecretA recent report by the Wall Street Journal on Monday (August 26) reveals that Chinese artificial intelligence (AI) developers have devised a covert method to access cutting-edge American chips without physically bringing them into China.
According to the report, these developers collaborate with intermediaries to acquire overseas computing power, often utilizing techniques from the cryptocurrency realm to obscure their identities.This maneuver is a strategic response to stringent U.S. export controls, which block Chinese firms from directly purchasing AI chips, like Nvidia's advanced models, from the U.S.
Within three weeks, these servers began processing AI algorithms for a Beijing-based firm. Aw succinctly captures the situation: "Where thereâs demand and profit, thereâs always a supplier."While renting remote computing power is a standard practice, often facilitated by global giants like Google Cloud, Microsoft Azure, and Amazon AWS, these companies enforce strict "know your customer" (KYC) policies. Such policies may complicate access for some Chinese clients seeking state-of-the-art computing capabilities.
However, the Wall Street Journal notes that despite U.S. sanctions, the transactions involving computing power, facilitated by middlemen, have not breached any laws.
The platforms in question employ blockchain technology for contract management and payments, allowing users to maintain anonymity, often transacting through subsidiaries in regions like Singapore.
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Impressive $615 Profit in Just 30 Minutes from SUNDOG Token Sale
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As reported by Odaily, a savvy trader recently capitalized on a rapid opportunity within the SunPump platform.
The trader initially invested $70 in SUNDOG tokens and, within a brief span of 30 minutes, managed to secure a remarkable $615 profit by selling the tokens.
Interestingly, if the trader had chosen to hold onto the tokens for an additional four days, their investment could have skyrocketed to a staggering $3 million.
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$DOGS
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$DOGS has recently launched and is currently trading between 0.00117 and 0.0013, with a recent low of 0.00114 and a recent high of 0.0018. The token has shown volatility in its early stages, and traders may look to capitalize on this movement.
Trading Setup:
$DOGS Long Setup
Entry:
- Anticipated entry between 0.0010 to 0.0011
Targets:
- Target 1: 0.0014
- Target 2: 0.0016
- Target 3: 0.0017
Stop Loss:
- 0.0008 (approximately 10% away from entry price)
Setup Summary:
This is a long setup for $DOGS, with an anticipated entry between 0.0010 and 0.0011. The setup has three targets, 0.0014, 0.0016, and 0.0017, with a stop loss set at 0.0008 (approximately 10% away from the entry price).
â ïžRisk Management:
- Stop loss is set at 10% away from entry price to limit potential losses
- Three targets provide potential exit points for profit-taking
Market Context:
- DOGS has shown volatility in its early stages, providing potential trading opportunities
- Traders should be cautious of changing market conditions and adjust their strategy accordingly
â ïžDisclaimer:
- 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
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Ethereum Supply Increase Impacts Price
The anticipated benefits of Ethereumâs transition to Proof of Stake (PoS) have not materialized as expected, resulting in increased risks following a significant recent update. The feared outcome has arrived, with Etherâs supply chart showing an upward trend, a concerning development for long-term investors. Why is this trend problematic?
đž Why is Ethereumâs Supply Rising?
Ether, the largest altcoin, was expected to see its supply diminish due to the burning mechanism and the PoS transition, driving prices higher. However, this scenario didnât unfold as anticipated. Since April 14, the circulating supply has steadily grown, contradicting the earlier narrative of a shrinking supply pushing spot prices to new peaks.
The rise in circulating supply hinders any potential increase in unit price. The combination of expanding supply and new demand means price hikes are essential. This supply growth also signals weakening network activity. User activity on the Ethereum network, which was around 611,000 on June 22, has dropped by 37% recently.
đž What Does Lower Network Activity Mean?
Daily transactions on the Ethereum network have decreased by 15%, falling from 1.3 million on June 22. With diminished network activity, the amount of burned Ether has also reduced. As the amount of ether entering circulation now surpasses the burn rate, the circulating supply is increasing.
đž Key Inferences
âą Increased Ether supply could deter long-term price growth.
âą Ethereumâs weakening network activity may signal broader issues.
âą Investors might need to adjust their expectations regarding
đž Ethereumâs price performance.
ETH Price Prediction
Despite the ETF approval weeks ago, Ethereum has not performed as expected. The ever-increasing supply suggests that a higher risk appetite among investors is necessary. ETHâs price, currently at $2,720, has dropped by 15% in the past 30 days. Although the Relative Strength Index (RSI) and buy/sell demand are balanced.
#ETH #Ethereum
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