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$BTC $ETH $PEPE Bitcoin price dips below $59,000 as U.S. spot Bitcoin ETFs record more than $120 million in outflows Technical analysis: BTC is poised for down leg Bitcoin price was rejected around the daily resistance level at $65,379 on Sunday, declining by 7.5% in the next two days. On Wednesday, it recovers slightly by 1% at $60,071 at the time of writing. If BTC continues to decline and closes below the $58,783 level, it could decline further by 4.5% to retest its daily support at $56,002. The Relative Strength Index (RSI) on the daily chart has slipped below its neutral level of 50, and the Awesome Oscillator (AO) is on its way to close below its neutral level of zero. When both indicators trade below their neutral levels, it suggests a weak momentum and an impending bearish trend. However, if Bitcoin's price finds support around $58,783 and closes above it, the bearish thesis will be invalidated, and BTC could rally 11% to revisit its daily resistance level at $65,379. long-to-short ratio on exchanges shows BTC's long-to-short ratio at 52.18%. This ratio reflects bearish sentiment in the market, as there is a higher percentage of shorts than longs. This suggests that more traders anticipate the decline in Bitcoin's price #CryptoMarketMoves #TON #BTC☀ #PEPE_EXPERT #pepe⚡
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$FLOKI $PEPE $MEME FLOKI PRICE IS POISED FOR A RALLY AFTER BREAKING ABOVE THE DESCENDING TRADELINE FLOKI PRICE broke above the descending tradeline and railed 10% at the time of writing on it continues its ongoing rally and trades 4.4% at $0.00015. additionally , the suggestion of non-chain data supports the bullish trend, as evidenced by active, dormant wallets. FLOKI PRICE broke above the descending ( drawn by connecting multiple high level from June 7) on August 22 and rallied 10% the next two days. on Wednesday , it finds support at the 50-day exponential moving average (EMA) of around $0.00014 and trades up by 4.4% at $0.00015. if the 50-day EMA at $0.00014 and the daily support level at $0.00013 hold as support ,FLOKI could rally 24% from its current trading level $0.00015 to retest its July 27 high of $0.00018. on the daily chart ,this bounce is supported by indicators like the relative strength index (RSI) and awesome oscillator (AO) , which trade comfortably above their respective neutral levels of 50 and zero.these momentum indicators strongly indicate bullish dominance . based on into the blocks in /out of the money around price (IOMAP), nearly 826 addresses accumulated 9.82 billion FLOKI tokens at an average price of $0.000143. these addresses bought the dog-based meme token between $0.000141 and $0.000143, which makes it a key support zone. #CryptoMarketMoves #PEPE_EXPERT #PEPE_EXPERT #BTC☀ #FLOKISKYROCKET
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#CryptoMarketMoves #BinanceBlockchainWeek $XRP #pepe⚡ #bitcoin☀️ #BlackRockETHOptions Ripple price is poised for a decline as on chain metrics show a negative trend ripple price retests and fails to overcome the daily resistance level at $0.626, leaning towards a price decline ahead. ok chain data paints a bearish picture for $XRP , with negative OI - weighted funding rates and long to short ratio below one. a daily candlestick close above $0.626 would invalidate the bearish thesis . $XRP retested and was rejected by its daily resistance level at $0.626 on Saturday.it declined 4.23% in the next two days.on Tuesday ,it trends slightly up by 1% to $0.593. if the ripple price continues to retrace ,it could decline 8% from its current trading level at $0.593 to retest its daily support at $0.544. the relative strength index RSI and the awesome oscillator (AO) indicates on the daily chart trades just above their neutral levels of 50 and zero, respectively.both indicators must trade below their neutral levels for the bearish momentum to be sustained.
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#CryptoMarketMoves #Write2Earn! #PEPE_EXPERT #bitcoin☀️ #pepe⚡ $PEPE pepe price forecast : pepe poised for a 15% slump as it fails to overcome key barrier pepe price retests and fails to overcome the 200- day EMA at around $0.0000095,signaling a price decline ahead. on-chain data shows that Pepe's long to short ratio is below one ,also suggesting a bearish move. a daily candlestick close above $0.0000098 would invalidate the bearish thesis. pepe price rested and faced resistance by the 200-day exponential moving average (EMA) around $0.000095 on Saturday.this 200-day EMA roughly coincides with the broken ascending tradeline that has previously acted as resistance and 50% price retracement level at the time of writing is trades slightly down 1% at $0.0000090 on Monday after declining by 3.6% on Sunday. if the $0.0000095 level continues to hold as resistance,$PEPE could crash 15% to retest its daily support to $0.0000077. the relative strength index (RSI) on the daily chart trades just above its neutral level of 50,while the awesome oscillator (AO) trades below its neutral level of zero.both indicators must trade below their neutral levels for the bearish momentum to be sustained. According to data pepe long to short ratio is at 0.885 on Monday.this ratio reflects bearish sentiment in the market as a number below one suggests that more traders anticipate the tokens price to fall, bolstering the frog-themed-based meme coins bearish outlook. despite the bearish thesis signaled by both on-chain data and technical analysis ,the outlook will shift to bullish if pepe daily candlestick closes above $0.0000098. this scenario could lead to a 5% rise to retest its 61.8% Fibonacci retracement level at $0.000010.
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