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Scade alle 2024-08-19 09:38:22

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Can Dogecoin Price Double Amid Musk-Swift Spat? $DOGE 🧧🧧 Dogecoin price has been displaying bullish trends lately despite the entire market struggling to get back on its feet, and many are wondering how soon Bitcoin price could resume its rally. This comes amid a high-profile social media exchange between Elon Musk and Taylor Swift has sparked renewed speculation. Nevertheless, investors remain optimistic as DOGE price hints at the potential to surge by 113% over the coming days, but there’s a catch. While the long-term projection is bullish for Dogecoin, in the short term, there is a chance that the price will drop 6% to $0.092 before shooting for higher levels. On the 4-hour chart, Dogecoin price trended inside a falling channel and had an aggressive breakout on September 10. Technically, breakout confirmations are usually accompanied by retests; otherwise, they risk becoming fake-outs. This sentiment, further echoed by the data from Coinglass, shows an imbalance between the DOGE Longs and Shorts. On the daily timeframe, there is an overwhelming amount of Shorts, which means the market is overall bearish on that timeframe, expecting the price to drop lower, However, the weekly timeframe shows there are more Longs than Shorts, the imbalance suggesting that bullish sentiment is dominating the market since traders expect the Dogecoin price to rise in the long term. The Dogecoin price is in a falling wedge pattern on the daily time frame, commonly known for resolving to the upside. The pattern has spanned six months, meaning the breakout could be significant, potentially larger than the anticipated 113% increase. DOGE price will likely experience resistance around $0.115 and $0.138 on its way up. Beyond that, Dogecoin may target $0.17 and eventually $0.21 before surging to new yearly highs. On the flip side, if bears prevail, Dogecoin price prediction shows the meme coin might lose the current support at $0.092 and drop lower to test $0.08 and $0.07 supports. #doge⚡ #priceanalysis #ANALYSIS

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You keep pressing short, keep it up. We'll see you when the bulls come. The risk continues. 🧧🧧 $BTC $ETH #CryptoMarketMoves #RiskManagement"

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🐳 🚨 Top 3 Whale-Favored Crypto to Rally 5X In Q4 🧧🧧 $TON $PEPE $OP The crypto market signals the continued correction as the falling Bitcoin and Ethereum breached crucial support of $55000 and $2500 on Friday, respectively. Despite the bearish momentum, the whales’ confidence in altcoins like Toncoin (TON), Optimism (OP), and Pepe Coin (PEPE). Whale activity has been a crucial metric in the cryptocurrency market, often indicating large holders’ buying and selling behavior. Generally, an active accumulation trend by these smart money has coincided with major market bottoms, indicating key indicators for top crypto to buy. Despite the legal challenges, the whale interest in Toncoin remains stable, as addressed with 1 Million to 10 Million TON now accounting for a total of 3.18 million coins, according to Santiment data. Supply distribution data shows that whales holding 10,000,000 to 100,000,000 PEPE steadily increased their holdings to a peak of 3.64T coins. This consistent accumulation signals that large holders anticipate a potential reversal in the PEPE coin. By press time, the PEPE price had traded at $0.0000069, boosting a market cap of $2.94 billion. According to Santiment data, whale addresses holding between 1M to 10M OP have significantly increased their holdings, reaching a peak of 672 million coins. This aggressive accumulation suggests growing confidence in the Optimism coin as it aims to strengthen its position above $1 support before the next leap. With an intraday gain of 6%, the OP price trades at $1.4 and boasts a market cap of $1.68 Billion. #whaleshunger #WhalesBuying #Whalestrap

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Polygon Price Prediction: Is POL Migration Enough For MATIC Recovery Rally? 🚀🤔 $MATIC 🧧🧧 Polygon price has initiated a major upgrade by introducing the POL token on its mainnet, supplanting the previously used $MATIC. This shift occurred on September 4th, marking a significant step in the Polygon 2.0 strategy. The POL token retains all functionalities of its predecessor, including roles in staking and network fees. Moreover, POL brings improved features aimed at enhancing security and scalability. These advancements also facilitate staking across multiple chains. This transition underscores Polygon’s commitment to fostering robust growth within its ecosystem. Polygon price has experienced a fluctuation in the past 24 hours, indicating a volatile market day. The layer 2 blockchain hovers above $0.37, a crucial support level. As of reporting time, the MATIC price is trading at $0.374, slightly increasing by 1.14%. This increase follows a significant spike that saw the price briefly touching $0.3786 before retreating. The daily technical indicators for MATIC Network present a mixed signal to traders and investors. The Relative Strength Index (RSI) is neutral at 41.85, suggesting that MATIC is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) indicates a bearish trend. The histogram’s movement is below the zero line, and the MACD line trails below the signal line. Polygon price could experience a notable ascent if it surpasses the resistance at $0.40. This breakthrough may pave the way for a target of $0.50, which could further propel the cryptocurrency to test the $0.55 level. The post-POL Migration phase holds promise. It could significantly bolster Polygon’s value, driving it up by 168% to $1. #priceprediction #ANALYSIS #MATIC✅

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Polygon Price Prediction: Is POL Migration Enough For MATIC Recovery Rally? 🚀🤔 $MATIC 🧧🧧 Polygon price has initiated a major upgrade by introducing the POL token on its mainnet, supplanting the previously used $MATIC. This shift occurred on September 4th, marking a significant step in the Polygon 2.0 strategy. The POL token retains all functionalities of its predecessor, including roles in staking and network fees. Moreover, POL brings improved features aimed at enhancing security and scalability. These advancements also facilitate staking across multiple chains. This transition underscores Polygon’s commitment to fostering robust growth within its ecosystem. Polygon price has experienced a fluctuation in the past 24 hours, indicating a volatile market day. The layer 2 blockchain hovers above $0.37, a crucial support level. As of reporting time, the MATIC price is trading at $0.374, slightly increasing by 1.14%. This increase follows a significant spike that saw the price briefly touching $0.3786 before retreating. The daily technical indicators for MATIC Network present a mixed signal to traders and investors. The Relative Strength Index (RSI) is neutral at 41.85, suggesting that MATIC is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) indicates a bearish trend. The histogram’s movement is below the zero line, and the MACD line trails below the signal line. Polygon price could experience a notable ascent if it surpasses the resistance at $0.40. This breakthrough may pave the way for a target of $0.50, which could further propel the cryptocurrency to test the $0.55 level. The post-POL Migration phase holds promise. It could significantly bolster Polygon’s value, driving it up by 168% to $1. #priceprediction #ANALYSIS #MATIC✅

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