Let's dive into the technical analysis for each of the mentioned coins as of August 18, 2024:
1. **XRP (Ripple)**:
- XRP (XRPUSD) is currently displaying a **neutral** technical rating on TradingView.
- Our most recent price forecast suggests that XRP will increase by approximately **31.55%**, reaching **$0.741448** by August 18, 2024.
- Keep an eye on the XRP price chart and consider other factors before making any investment decisions.
2. **Pepe (PEPE)**:
- Pepe Token (PEPE) is experiencing a **bearish breakdown** from a rising wedge pattern, with a potential downside target of around **$5**.
- Despite the technical indicators, on-chain data shows **significant accumulation** by large TON holders, particularly those with over 1 billion tokens.
- The average price for Pepe Token in August 2024 is expected to be around **$0.000008850**.
3. **Dogecoin (DOGE)**:
- Dogecoin (DOGEUSD) is currently displaying a **neutral** technical rating on TradingView.
- Our technical analysis suggests that the minimum cost of Dogecoin in August 2024 will be around **$0.0860**, with a maximum level of **$0.106**.
4. **Binance Coin (BNB)**:
- Binance Coin (BNB) is expected to increase by approximately **8.35%**, reaching **$559.24** by August 18, 2024.
- Technical analysis indicates a **rising wedge breakdown**, but declining trading volumes may suggest a lack of interest among traders.
5. **TON Coin (TON)**:
- TON Token (TON) is facing a **bearish bias** with a potential downside target of around **$** due to a rising wedge breakdown.
- Despite technical indicators, on-chain data shows **strong accumulation** by Toncoin whales.
- The average trading price for TON Token in August 2024 is expected to be around **$9.97**.
Remember to consider other factors and stay informed before making any investment decisions.$BNB $DOGE $PEPE Happy trading! #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #SahmRule #BlackRockETHOptions