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Irma Korkia
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👇Will Ethereum’s 20% Rally Propel ETH Price Higher To $4,000? 🚀 ETH Surges 7.38% Outperforming Bitcoin, ETH surged by 7.38%, crossing above $3,400 with a massive bullish engulfing candle. The SEC's silence on the recent S-1 submission adds to the intrigue, with final versions expected Wednesday. 📈 Ethereum's Rally ETH's market cap crossed $400 billion as it reclaimed the $3,000 mark, continuing a streak of bullish candles from $2,880. The rally is heading towards the crucial $3,500 level, the neckline for the rounding bottom pattern. 💹 Short Dip Today After a 7.38% jump last night, ETH saw a 1.10% dip today, trading at $3,447. Despite the minor drop, the rally could continue later today. 📊 Technical Indicators RSI: The recovery rally pumps the RSI above the halfway line, nearing the overbought zone. MACD: A bullish crossover in the MACD and signal lines on the daily chart supports the uptrend. 💪 Will ETH Surpass $3,500? As the Ethereum ETF listing nears, market sentiment is bullish. ETH is likely to break $3,500, with Fibonacci targets at $4,141 and $5,402.
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🔥WIF ANALYSIS – Hold The 4th largest meme coin by market Dogwifhat, WIF price showed some power yesterday to break above the downward resistance. At the press time WIF trading at $2.21, moving 22% in 1 day and 27% in 7 days. WIF price is currently under a mixed speculative zone with mixed sentiments. The falling wedge pattern breakout indicates a possible surge, 20% from the break already seen now. If the market conditions stay bullish WIF will create more higher highs. WIF/USDT Chart shows no strong support or resistance, the price action is free to proceed. Applied RSI shows the coin is now in the overbought zone and buyers are now holding back to see if the seller holds. The alligator indicator shows all lines have opened up wide, this means the price fluctuation is going to take place in either direction unless the lines intervene again. WIF users must watch the $2.02 zone, a breakout below this can upset the holders. If the trend holds, the falling wedge pattern will be in action to surge above $3. #Priceanalysis #priceprediction
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🔥PEPE ANALYSIS: Strong Buy, Hold Pepe has shown impressive recovery, the meme coin breached our bearish move, followed by consolidation sideway movement in the past week. The crypto had a breakout on Monday at $0.0000086 which triggered a bullish push to the current price of $0.0000119, Killing the zero back. PEPE coin has turned the $0.000009 critical resistance to the support zone and now trading near to $0.000012 resistance zone. A breakout above this will add up +20% surge, if the resistance rejects to lose, the PEPE price will see a pullback to $0.000009. A report by IntoTheBlock shows that a few large holders of PEPE have offloaded their holdings, giving retail investors confidence. The PEPE/USDT Chart reveals a bullish continuation of the price with a slight retracement of price to overcome the overbought zone as seen in the RSI. The Bollinger bands indicator shows an increased width between the upper and lower band, which means the volatility has been reduced and the price could stabilize. Also, the price away from the center line shows a more upside potential of PEPE. #priceprediction #Priceanalysis #pepe⚡ $PEPE
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👀Bitcoin Price Increase Positively Affects the Market 📈 Bitcoin's Positive Impact on $NEAR Bitcoin's price increase since last Saturday has boosted the market, with some projects, like NEAR, gaining significant strength. The Chaikin Money Flow (CMF) indicator shows a sharp rise in cash flow into NEAR, signaling increased demand and investor interest. 🪙 Increased Demand and Positive Market Sentiment The rise in demand for near is positively impacting its price, reflecting a noticeable increase in investor purchases. This ongoing positive market sentiment could trigger further increases in NEAR value. Liquidations of short positions in NEAR have exceeded $1 million in the last 24 hours, forcing investors to abandon their short stances. This could lead to price stability and an upward trend. 📉 NEAR Price Prediction After a 37% rise last week, NEAR is trading around $6.20. The altcoin surpassed resistance at $6.06, the 23.6% Fibonacci retracement level, potentially turning this level into support and paving the way for new rises. However, if NEAR doesn't close above this level, the price may reverse, potentially falling to the critical support level at $5.20.
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🔥FlOKI ANALYSIS : Buy, Hold The Elon Musk’s dog-inspired memecoin Floki at the time of writing is trading at $0.0001914 moving 25% in 1 day and 30% in 7 Days, with the intraday volume up 168%. While we watch the Onchain activity of Floki in the last 7 Days, the number of Daily active addresses and new addresses created is decreased. So the Floki price growth is likely to be driven by market sentiment and not by its actual demands, This metric indicates a slowdown can be seen in the price rally, but not a major correction. Also the Market Value to Realized Value (MVRV) ratio of Floiki is in the negative count for short and long period, This means the coins is still undervalued and accommodate buying pressure. The FLOKI/USDT chart reveals a slowdown or sideway trading possibility. The price is above all SMA’s and EMA’s showing strong support, the MACD line is above the signal line making room for positive momentum. Floki’s declining Chaikin Money Flow (CMF) direction in the downward is the opposite direction of the price moving up. This indicator shows how money flows in and out of an asset. #Priceanalysis #priceprediction
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