In 2024, the cryptocurrency market is making a strong comeback after some tough times. Investors are coming back in large numbers, excited about the possibilities of this groundbreaking technology.

Leading the pack are coins like Binance Coin (BNB), which is linked to a big exchange, Avalanche (AVAX), known for its fast blockchain, and Algotech (ALGT), a new project using AI for trading.
Each coin has something special to offer and is driving the current positive trend in the market.

BNB: Established player with high hopes
Binance Coin (BNB), the native token of the Binance exchange, is a well-established player in the crypto space. It is used for various purposes on the Binance platform, including trading fee discounts, staking rewards, and participation in token sales.
As of March 26, 2024, BNB is trading at around $577, 76% increase from its price at the beginning of the year and investors are expecting that bnb will get its all time high in 2024.
Many BNB investors are optimistic about the coin’s future, with some predicting it could reach an all-time high (ATH) in 2024. This optimism stems from several factors, including the continued growth of the Binance ecosystem, the increasing adoption of Binance Smart Chain (BSC), and potential regulatory developments that could favor established exchanges like Binance.

Avalanche: Rising Star with Real-World Applications
Avalanche (AVAX) is challenging Ethereum’s dominance as a platform for smart contracts. Its native token, AVAX, supports various blockchain projects through smart contracts. Since its launch in 2020, Avalanche has focused on providing speed, flexibility, security, cost-effectiveness, and user-friendliness, with fast transaction processing and scalability as its main features.
Recently, the price of AVAX surged from $10 to $55. The total supply of AVAX is limited to 715 million, and its issuance rate is controlled by AVAX holders through voting. This governance model allows for adjustments in block reward contributions to the Avalanche blockchain.

Avalanche is gaining recognition in the Web3 gaming sector, especially with the integration of the popular game Maple Story on an Avalanche subnet. This move has the potential to attract millions of users to the Web3 gaming ecosystem.
Avalanche’s scalable architecture is drawing interest from established game publishers, highlighted by its presence at the Game Developers Conference (GDC), where it showcased the “Teleporter” technology for seamless asset transfers between subnets. Partnerships with leading gaming companies and the launch of new games position Avalanche for widespread adoption in the Web3 gaming revolution.

Algotech: Newcomer with a Promising Presale
Algotech (ALGT) is a groundbreaking DeFi platform that has made waves in the 2024 presale scene, raising $3.1 million and selling over 75 million ALGT tokens. This strong backing from the crypto community indicates its growing popularity.
Excitement is mounting, leading to increased demand for the ALGT token. Analysts anticipate a tenfold surge in price upon its mainstream listing, fueled by deflationary tokenomics, distinguishing it from competitors.

Algotech merges machine learning and algorithms to offer traders enticing opportunities for maximizing profits and minimizing losses. Its advanced features include breakout detection, hedging, large-volume arbitrage, and mean reversion, shaping the future of crypto trading.

Investors, including large holders known as whales, are keen to acquire ALGT tokens at the current price of $0.06 before it rises to $0.08 in the next round. With governance rights and profit-sharing, Algotech’s imminent launch has stirred significant excitement among stakeholders.

Early supporters gain governance rights, enabling them to influence important decisions. Additionally, the platform rewards early investors with a portion of trading fees.
#Write2Earrn #TrendingTopic." #HotTrends

Bitcoin
BTC/USD
+1.19%
+ Free Alerts
is gaining momentum, opening the week with a 6.4% rally and pushing the asset above the $70,000 mark alongside a 63% surge in trading volumes.

10x Research states that the week ahead will be crucial in determining Bitcoin’s next 15,000-point move.

Bearish factors: Negative Bitcoin ETF flows for five consecutive days, a drop in altcoin and meme coin volumes mainly in Korea (from $16 billion to $3 billion) and lower Bitcoin funding rates.
Bullish factors: Central banks turning dovish, the upcoming Bitcoin halving event, potential reversal of ETF flows and a bullish risk-assets environment.
Also Read: Bitcoin ‘Could Decline To $63,000,’ Says 10x Research Report, While Ethereum Faces Challenges

Next Move: A narrowing triangle formation and a break to either side will determine the direction of the next 15,000 price move.

“The next implied move can be 10,000, 20,000, or 30,000 points higher or lower from the moment of the break — which will occur this week,” 10x Research states. Its first downside target of $63,000 was hit by Bitcoin and retested multiple times. The second downside target of $59,000 was not reached as Bitcoin is moving upwards towards upside targets of $83,000 and $102,000.

With the Bitcoin Halving event nearing and Bitcoin prices rallying, Benzinga’s Future of Digital Assets conference, scheduled for Nov. 19, will bring industry leaders and investors together to discuss the future of digital asset investments.

Bitcoin $100,000 in 2024?
Will you miss out? Or will you be in a position to profit? Don’t get stuck on the sidelines. If you want expert crypto education and guidance before this bull run goes any higher—Get Benzinga Crypto For Just $1.

Expect To Buy Dips, Not Necessarily Sell Rallies
With the current Fed signaling acceptance of higher inflation for a longer time and an interest in slowing down quantitative tightening, this could turn into a typical election cycle rally. Similar rallies occurred in 2012, 2016, and 2020 when Bitcoin’s movement showed higher momentum of 100-200%.

“We should, therefore, expect to buy dips instead of necessarily selling rallies.”

The market is likely to focus on the Fed’s dovish comments and switch to “bullish sentiment again.”

From 2018 to 2019 period, the Fed initiated cuts due to lower growth, while the current rate-cutting cycle will occur despite the Fed being optimistic about growth. This sets up a very bullish scenario for risk assets, including Bitcoin.

What’s Next: 10x Research sees another important level at $68,300. Once this level is retested and broken, it will be pivotal to watch. "Be ready to travel with the break of the triangle," the report reads.

With less than a month until the Bitcoin Halving event, traders will need to decide if Bitcoin is a good investment.
#writw2earnn #TrendingTopic." #HotTrends

Ethereum (ETH)
After a 20% correction, ETH has recovered in a spectacular fashion in the past 24 hours with a 10% price increase. Nevertheless, the weekly chart still shows an 11% loss.
The price successfully tested the support at $3,300 and has since moved above $3,500. The current resistance is found at $4,000, and the last time ETH was there, sellers returned.
Looking ahead, ETH reversed the downtrend, and optimism returned to the market after a difficult start this week. If this cryptocurrency can break above $4,000, then the all-time high at $4,867 could be the next target.

Ripple (XRP)
XRP closed the week with a 12% loss and has recovered somewhat since yesterday. The price found good support at 58 cents, and the current resistance is at 68 cents.
Bulls failed to break above that resistance in early March, but if the market sentiment continues to improve, then a second attempt could follow.
Looking ahead, XRP has been in a flat trend since late last year, and it did not manage to make a breakthrough towards new highs this year. Perhaps after the Bitcoin halving in April, XRP might be able to make new highs.

Cardano (ADA)
Cardano suffered this week after its price crashed by 20%. Sellers took ADA to the key support level of 61 cents, and this level appears to be holding at the time of this post.
This deep correction may be quite disappointing to Cardano holders, but it was market-wide, and now a recovery is likely. As long as the price can stay above 61 cents, ADA can return on an uptrend.
Looking ahead, this cryptocurrency needs to move above 80 cents and turn that level into support before new highs become possible.

Shiba Inu (SHIB)
Shiba Inu also crashed by 20% this week and found good support at $0.000025. This level appears to be holding well and may allow it to recover some of the most recent losses.
The resistance is at $0.000037. When the price visited that level, sellers came in force and stopped the rally. A second attempt at a breakout appears unlikely right now.
Looking ahead, this correction was expected after a massive rally in late February/early March. Once it ends, SHIB could make new highs.

Dogecoin (DOGE)
DOGE crashed by 18% this week and found good support at 13 cents. Buyers came in strong there, allowing the price to recover some of the recent losses.
As long as buyers hold at that key level, DOGE could later return on an uptrend to make new highs. Resistance is at 18 cents, which is the current target for a recovery.
Looking ahead, Dogecoin broke its long consolidation in early March, which gave buyers the green light to return. Once the 18 cents resistance turns into support, this memecoin can do new highs and continue the macro uptrend.
#write2earn…. #HotTrends #crypro #TrendingTopic."
$BTC $ETH $BNB

Cryptocurrencies seem to have ended the dull part of the week for now. BTC is once again above $67,000. The appetite for risk among altcoin investors has increased, and we may see even stronger positive sentiment in the coming hours. This is expected to trigger larger gains in altcoins. Indeed, this is what we are seeing with POLYX.
POLYX Coin Price Prediction
POLYX Coin has been the altcoin with the highest gain in the last 24 hours on Binance, with a 70% increase. The price was around $0.35 at the time the article was prepared. Following the Fed meeting, the gains accelerated, setting the stage for a rise to $0.3838. If the increase continues, we might see it test the $0.43 level.

However, there’s a concern: similar movements to today’s have occurred on April 20-21 and October 30-31. Just as the price rose rapidly, it fell at the same speed the next day. If the same pattern occurs a third time, the POLYX Coin price could drop to the $0.27 area at best, followed by a fall to between $0.23 and $0.2.

Weekly candles with similar rises ending in long upper wicks could lead to investors quickly turning to panic selling in case of a sudden drop.

ENJ Coin Commentary
After a 150% increase in 34 days, the ENJ Coin price is recovering after pulling back to the $0.45 support. With a positive outlook for BTC in the coming hours and the price appearing to have found its bottom, ENJ Coin’s rise could be more lasting than the POLYX rally.

If the bulls can close above $0.53, then the peaks of $0.62 and $0.68 could be targeted again. While altcoins like BNB Coin are testing November 2021 levels, ENJ Coin is still far from this possibility. In November 2021, the price had risen to $4.83. For the rally to accelerate, $0.8 must become a strong support, making targets above $1.97 viable.
FLOKI Coin Commentary
Recently reaching an all-time high, the FLOKI price has fallen back to the $0.000159 support amid a weakening meme coin frenzy. For now, the area is still being defended, indicating that investors’ sentiment for a rise has not completely faded.
If FLOKI Coin starts a second wave, it could retest the $0.000286 level. Closures above this could open the doors for a new all-time high.

#wirte2Earn #HotTrends #TrendingTopic."
$BTC $ETH $BNB

Cryptocurrency powerhouse Binance has recently propelled its native BNB Coin toward its historic price zenith, with the digital asset trading above the $550 mark, reflecting a near 10% upswing. This surge coincides with a broader positive shift in the crypto market mood. Analysts attribute BNB’s impressive climb to a trio of core drivers that could potentially catalyze a new price rally.
Market Confidence Soars in Binance
Following Binance CEO CZ’s departure and a costly settlement, the cloud of uncertainty lifted from the exchange, presenting an opportune market scenario for investors. Binance has been consistently expanding its market share, evidenced by current data, suggesting an ongoing increase in trading volume.
Robust Activity on BNB Smart Chain Spurs Growth
A key factor fueling BNB’s ascent is the BNB Smart Chain (BSC), witnessing substantial growth in its total value locked (TVL) – a metric not seen at these levels since the previous year. The chain’s TVL has soared by 54% in 2024, with transaction volume also dwarfing that of Ethereum, underlining a robust uptick in network utilization and investor engagement.
BNB’s Competitive Stance Intensifies
BNB Coin continues to demonstrate resilience against rivals like Solana, with whale activity playing a strategic role in maintaining its competitive price. Analyses indicate that investors are setting their sights on record price regions, with the potential for a significant impact on the broader altcoin market on the horizon.
Crypto pundits see the current BNB price levels as a precursor to reaching higher benchmarks, with predictions of possible climbs to $600 and even $690, depending on market movements and sustained closures above $550.

#write2earn…. #HotTrends #TrendingTopic."
$BTC $ETH $BNB

Bitcoin price is finding buyers at $67,700, about 30 minutes before the daily close, showing a strong recovery from the dip. ETH has returned to $3,500, with daily gains surpassing 10%. These hours serve as a reminder of what rapid gains in crypto look like for investors who were bold during the recent downturn.
Bitcoin Commentary
If the recent downturn has left you depressed and wondering when prices will rise, you may soon part with your crypto at the cost you paid. Crypto markets are fraught with risks, and there is no constant rise or fall. There are trends, and crypto has been in an uptrend for months. Nevertheless, we’ve seen losses exceeding 20%, and we’ll likely continue to see them throughout the rest of the year.
Although challenging for new investors, cryptocurrencies are known for their high volatility, and getting accustomed to this is necessary. There is also the potential to wake up one morning to find that all cryptocurrencies have suffered losses exceeding 90% due to various potential global events.
Turning to today, GBTC outflows have weakened, and in a few hours, we’ll likely see entries into ETFs, including those from BlackRock and Fidelity, dated March 20. The passing of the Fed meeting is encouraging investors to act with renewed risk appetite, as evidenced by the over 20% increase in DOGE price.

Bitcoin reversed from the support line of the rising channel on March 18, indicating that bears were trying to turn the area into resistance, but they failed. The 20-day EMA ($65,271) is a key area, and the price is currently targeting $69,000 and $73,777. Closures above this will bring the targets of $76,000 and $80,000 back into consideration.
Ethereum (ETH)
The SEC has taken action for the altcoin king, indicating that the likelihood of an ETF approval on May 23 has significantly weakened. Perhaps things will change by BlackRock’s final decision in July? It’s hard to know today, but the SEC’s battles with XRP, Binance, Coinbase, and others, and now potentially Ethereum, are not a huge surprise given our past experiences with these shocks.

We are approaching closures above $3,550 for ETH, and if successful, the price could reach back above $4,000.

#write2earn…. #HotTrends #toptrnding
$BTC $ETH $BNB

FOLLOWFOR ACCURATETRADING SIGNALS Focus on managing your position size rather than your leverage size. This is very important for proper #risk #management, don't ever go all in with your whole capital in a trade, even if I do please don't (E GET WHY)I don't claim 100% accuracy, as no one can do that either. Some of our trades may move against us which is normal.Precisely calculate the potential losses before you take any position and put what you can afford to lose (though in reality no one can afford to lose a cent not to talk of a dollar, but in trading losses are inevitable) if any  trade goes wrong, please🙏 follow your risk management plans. (You should have a personal risk management plan different from the one on the signals you take)💦I want each of you to achieve success, but I cannot execute Buy/Sell orders on your behalf. You must follow plans if you are taking my trades or any other person's trade.Stick with small losses so that you can be a part of consistent significant gains when we get setups like suchDon't rush to take trades rather wait for the market to come to you and that will be when all confluences are met on higher timeframes ##Write2Earn #TrendingTopic #strk #WLD $BNB $ETH $BTC