Kripto tirgi šogad ir piedzīvojuši milzīgas svārstības. Tieši tad, kad visi gaidīja vēršu skrējienu, lāči pēkšņi iznira no nekurienes un paņēma līdzi interneta datoru (ICP). Neskatoties uz šo pēkšņo pāreju, Shiba Inu (SHIB) un Rollblock (RBLK) investori joprojām pozitīvi vērtē turpmāko izaugsmi. 

Shiba armija sniegs milzīgu peļņu Shiba Inu (SHIB)

Shiba armija nav tā, kas viegli padoties. Neskatoties uz 34,73% kritumu nedēļas laikā, Shiba Inu investori joprojām cer uz masveida atdzimšanu. Pēdējo 24 stundu laikā Shiba Inu tirdzniecības apjoms ir pieaudzis par 265%, kas, iespējams, liecina par investoru uzticības atjaunošanos visā Shiba Inu ekosistēmā. 

XRP pieaug kopš vakardienas, sekojot vairuma citu kriptovalūtu cenu virzienam.

TraderAAG, kriptovalūtu tirgotājs, X publicēja, ka cena ir pārrāvusi diagonālo tendenču līniju 1 stundas diagrammā pēc tam, kad vietējais atbalsts bija 0,4316 USD.

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Notcoin airdrop vietnē Telegram nopelnīja miljoniem cilvēku. Nepalaidiet garām nākamo TG lidojumu, ko veiks tā pati komanda — Dogs on Ton!

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Analītiķis uzskata, ka cena varētu pieaugt līdz USD 0,6583, kur ir nākamā lielākā pretestība. Šis līmenis ir arī šķelto tendenču līnijas pretestības virsotne.

Pastāvīgais kriptovalūtu tirgus nestabilais stāvoklis apgrūtina investoru izpratni par to, kuras kriptovalūtas var padarīt viņus par miljonāriem. Šķiet, ka Celestia, Rollblock un Render maina lietas. Pat ja TIA un RNDR jau ir atstājuši lielu ietekmi, jaunais Rollblock jau sāk darboties, lai radītu iespējas potenciāli turīgiem investoriem tā notiekošajā iepriekšpārdošanā. Lūk, kā.

Celestia šokē investorus ar jaunu tirgus maksimumu

TIA nesen uzlēca par 15% līdz maksimumam 11,00 USD. Tas ir milzīgs pieaugums, salīdzinot ar 8,00 ASV dolāru zemāko cenu 2024. gada maijā. Pēc tirgus diagrammu apskatiem analītiķi ir norādījuši, ka šis pieaugums, iespējams, ir TIA aizraujošās jaunās tehnoloģijas dēļ. Šī jaunā tehnoloģija tika paziņota TIA Modular Summit 3.0 laikā, kas notika 2024. gada jūlijā.

Brisbena, Austrālija, 2024. gada 7. augusts, Chainwire

Austrālijas dārgakmeņu uzņēmums NYBlue Pty Ltd ir kļuvis par galveno spēlētāju, kas strādā, lai no jauna definētu globālo dārgakmeņu tirgu. Uzņēmuma stratēģiskais pasākums ir saistīts ar plānu nodrošināt kontroli pār pasaules zilā cirkona piegādi, kas var mainīt globālā dārgakmeņu tirgus vērtību dinamiku. 

Iepriekš šomēnes uzņēmums izdeva savu informatīvo dokumentu, kurā sīki izklāstīja tās pašreizējo pirmspārdošanas un turpmāko tās “reālās pasaules aktīvu” kriptovalūtas publisko apgrozījumu, pēc tam, kad tika paziņots par vairāk nekā vienu miljonu karātu reto dārgakmeņu glabāšanu.

Tā kā ir sagaidāms, ka tādi populārākie DeFi marķieri kā Ethereum (ETH) un Ripple (XRP) tirgosies zemāk, jo kriptovalūtu tirgus turpina samazināties, gudri tirgotāji pārceļ savu uzmanību uz daudzsološo RCO Finance platformu kā potenciālu alternatīvu ieguldījumu. 

Izpētīsim, kas padara RCO Finance par pārliecinošu iespēju salīdzinājumā ar ETH un XRP.

RCO Finance: AI un drošības apvienošana ieguldītāju uzticībai

Nesenās tirgus lejupslīdes laikā RCO Finance (RCOF) gūst milzīgu pievilcību savam izsmalcinātajam vadošajam produktam — ar AI vadītam Robo-Advisor. Šis novatoriskais rīks piedāvā pielāgotu un automatizētu tirdzniecības pieredzi, izmantojot AI, lai pieņemtu pārdomātus lēmumus un palīdzētu investoriem gūt peļņu no tirgus svārstībām.

Institucionālie investori ir masveidā uzkrājuši Bitcoin, neskatoties uz pastāvīgo tirgus nestabilitāti un globālajām ekonomiskajām bažām. Analītiķis Crypto Rover savā YouTube video analīzē ir atzīmējis, ka pēdējā mēneša laikā milzīgs daudzums Bitcoin ir pārvietots uz pastāvīgo turētāju adresēm, kas liecina par spēcīgu pirkšanas interesi pašreizējā cenu līmenī.

Šī uzkrāšanās ir notikusi tādu delikātu makroekonomisko mainīgo lielumu kontekstā kā Japānas Bankas monetārās politikas lēmumi un iespējamās recesijas bažas.

5. augusts izraisīja paniku visā tirgū, jo Bitcoin vērtība pirmo reizi pēc brīža nokritās zem 50 000 USD, un visas pārējās kriptovalūtas kādu laiku pavadīja sarkanajā zonā. Mazāk pieredzējuši investori turpināja pārdot aktīvus, lai ietaupītu to, ko varēja; pieredzējušie, saukti par vaļiem, rīkojās pretēji. 

Viņi uzskatīja, ka kritums ir iespēja palielināt savu BTC līdzdalību. Kriptofondu tirgus ātri atguvās, atkal parādot optimismu. Lielās kņadas laikā par Bitcoin un citām populārām kriptovalūtām mazāki investori koncentrējās uz iepriekšēju pārdošanu, ko mēs izpētīsim šajā rakstā, tāpēc ķersimies pie tā!

Trust Wallet, pasaulē vadošais pašpārvaldes Web3 maks un Web3 vārteja, kam uzticas vairāk nekā 130 miljoni lietotāju, ir ieviesis Trust Wallet Quests — uz uzdevumiem orientētu Quest platformu Trust Wallet mobilajā lietotnē, kas mudina lietotājus pelnīt punktus, apgūstot Web3 un Web3. mijiedarboties ar Trust Wallet funkcijām.

Lietotāji var iesaistīties misijās, kas ir uz uzdevumiem balstīti izaicinājumi, sākot no viktorīnām līdz sarežģītiem problēmu risināšanas scenārijiem, kas sastāv no dažādām DeFi un Web3 aktivitātēm, un tās visas ir paredzētas, lai padziļinātu viņu izpratni par blokķēdes tehnoloģiju un dApps. Kā stimuls lietotāji nopelnīs Trust Points — uz lojalitāti balstītu punktu sistēmu, kas paredzēta, lai atalgotu lietotāju aktivitātes Trust Wallet mobilajā lietotnē. Izmantojot uzticības punktus, lietotāji var nopelnīt atlīdzību par konkrētu uzdevumu izpildi, padarot Web3 atalgojošāku un jautrāku.

Toncoin cena ir sasniegusi galveno pretestības līmeni, kas varētu noturēt tās cenu tikai īsu laiku. Pretestības vēsture liecina, ka tas var nenoturēt cenu ilgi.

Pirmo reizi cena sasniedza šo līmeni (dzeltenā līnija diagrammā) bija aprīlī. Pēc tam tas izlauzās bez problēmām tajā pašā dienā.

Pēc tam cena nāca par atkārtotu pārbaudi, un pretestība (kas bija pārvērtusies par atbalstu) saglabājās 10 dienas, līdz tā beidzot atkal sabruka.

Tas izraisīja cenu kritumu par 20%. Cena vēlreiz pārbaudīja to pašu pretestību pēc dažām dienām, un šoreiz tā varēja izturēt tikai četras dienas, pirms atkal tika izlaists virs tās. Tas pats punkts vienu reizi bija atbalsts, bet nākamajā reizē nevarēja saglabāt tādu pašu spēku.

Kripto analītiķi Altcoin Sherpa un CrediBULL Crypto ir dalījušies ar lācīgām Solana perspektīvām, uzsverot iespējamās uzkrāšanas zonas un cenu mērķus. Viņu analīze liecina, ka SOL varētu būt gatavs jauniem vietējiem rekordiem, neskatoties uz brīdinājumiem par iespējamiem īstermiņa atvilkumiem. 

Turklāt kriptovalūtu tirdzniecības apjoms ir strauji pieaudzis, norādot uz jaunu interesi par Solana ekosistēmu.

SOL uzkrāšanas zona un mazumtirdzniecības intereses

Tvītā Altcoin Sherpa norādīja: "$SOL: 125-150 joprojām ir laba vieta, kur uzkrāt SOL." Analītiķis uzskata, ka Solana būs “viena no labākajām mazumtirdzniecības ķēdēm šajā ciklā”, un atzīmē, ka platformā turpinās mēmu monētu darbība.

MemeLife is shifting focus to the community with an innovative user-centered trading and token-launching Telegram platform. Unlike existing Telegram bots, which merely offer basic functionality, MemeLife combines gamified revenue sharing, with SocialFi and analytics to create a one-stop app experience for developers and traders. Learn how to use the bot or get started now. The referral code is COPCR5.

MemeLife Telegram Core Bot v1.0

Be a top referrer in the ongoing MemeLife presale for a chance to earn diamond points convertible to real cash. Users can also log in and register using the bot and referral diamonds will be paid according to the deposit amounts of the referred person. 5% of the deposit amount will be claimable by the referrer as referral rewards. 

Upon full launch, the bot will be a simple token launcher and sniping bot for trading meme coins. It will feature powerful insights that will enhance users’ trading while enabling a trusted environment for transforming ideas into memes built to last. Additional tools like whale-watching, market tracking, and portfolio management tools will also be included to help developers and traders.

A New Standard for Token Launches

MemeLife’s complete focus on users sets its steps ahead of existing platforms. The platform empowers participants to succeed through a comprehensive user and developer toolset. The important features here include sniping, copy trading, analytics, and a market-maker bot accessible in one place making it the one-stop platform for launching and trading memes.

Genuine Community Rewards and Success

With MemeLife, users can access exclusive SocialFi features. A significant portion of platform revenue is distributed daily in USDT as an incentive for active users who participate in the raffle. Additionally, $MemeLife token holders enjoy exclusive benefits and advantages, further driving community participation and involvement.

A Game-Changer in the Making

MemeLife is positioned to outperform and thrive against competition because users are the focus of any great product. Its unique blend of analytics,  SocialFi, gamification, and community places it strategically as a value-driven platform. MemeLife is positioned to transform the industry because it provides answers to the critical questions in the minds of meme traders and developers at the moment. Not a piece of financial advice, but you could reap 10x returns by joining the presale now. 

Join the Revolution

Be part of the revolution and experience the future of token launches. Visit https://www.cryptomeme.life to learn more and participate in the presale.

Join the conversation on social media:

Twitter | Telegram | Discord

About MemeLife

MemeLife is a pacesetting platform combining token launches, trading, and SocialFi. It prioritizes community and innovation to transform meme trading and token launches.

Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post MemeLife: Unlocking the Power of Community-Driven Token Launches appeared first on CaptainAltcoin.

JasmyCoin (JASMY) atbalsts ir atlēcis līdz USD 0,16.  Tas sāka sekot vispārējai tirgus atveseļošanai un pēdējo divu dienu laikā ir palielinājies par 17%. 

Atbalsts saglabājas kopš marta, un ir pamatoti domāt, ka tas varētu būt apvērses punkts bullish smaile.

Kripto analītiķis Decilizer uzskata, ka cena tagad ir gatava 100% pieaugumam līdz 0,0386 USD. bet cik tas ir iespējams?

$JASMY ir veicis vēl vienu izrāvienu, apstiprinot atbalstu par USD 0,019. Tagad viss ir gatavs virzīties uz nākamo mērķi USD 0,0386 ar ievērojamu tirdzniecības apjomu. Ir ļoti svarīgi saglabāt kāpuma perspektīvu par $BTC. Iepriekš mēs esam novērojuši 570% pieaugumu. pic.twitter.com/2c6CmoXVjw

Dogecoin remains the top dog among meme coins in terms of market cap, but its price performance has been lackluster this year compared to its smaller counterparts.

Currently trading around $0.10, DOGE has experienced a 22% decline this week amidst a broader crypto market downturn. However, what’s concerning for Dogecoin holders is its inability to generate significant rallies even during bullish market phases. Lower-cap memes like PEPE, WIF, and POPCAT have outpaced DOGE in 2024.

So, what’s next for the original meme coin?

Technical Analysis

DOGE hit its 2024 yearly high of approximately $0.22 in March but has since been trading in a descending channel. Like its meme coin rival SHIB, Dogecoin has struggled to break out of this pattern.

It’s worth noting that many altcoins entered descending channels since March, but a significant number managed to break out. Unfortunately, DOGE isn’t among them.

To break this channel, DOGE would need to overcome the $0.11 resistance and then the $0.13 level, which aligns with the 200-day moving average.

Source: TradingView

Trading below the 200-day moving average is generally considered bearish for a coin. This indicator represents the average closing price over the past 200 days and is often used to determine long-term market trends. When a coin trades below this level, it suggests that selling pressure outweighs buying pressure in the long term.

The current RSI of 59 for Dogecoin indicates a neutral momentum. RSI measures the magnitude of recent price changes to evaluate overbought or oversold conditions. A reading of 59 suggests that DOGE is neither overbought nor oversold, sitting comfortably in the middle range.

The MACD line being above the MACD signal line is typically interpreted as a bullish signal in the short term. This indicator compares two moving averages and helps traders identify changes in the strength, direction, momentum, and duration of a trend. The current position suggests that DOGE might be gearing up for a potential short-term upward movement, although this should be considered alongside other market factors and indicators.

Recently, Elon Musk shared an image portraying himself as a Roman centurion and mainstream media as an emperor, implying the media should cover Dogecoin as a top 10 cryptocurrency. Unlike past instances where Musk’s tweets about Dogecoin caused market frenzies, this time DOGE’s price remained largely unaffected. The cryptocurrency continued to trade within a tight range, following the broader crypto market trend.

Read also: Meme Coin Prices ‘Wake Up’ – dogwifhat (WIF) and POPCAT Lead the Rally

DOGE Price Forecast

Optimistic target ($1): Reaching $1 would be a monumental achievement for Dogecoin, representing a nearly 900% increase from its current price. This target is considered highly optimistic and would likely require a combination of factors, such as:

A strong bull run in the overall crypto market

Significant adoption of DOGE in real-world transactions

Major endorsements or integrations by influential figures or companies

A shift in market perception, viewing DOGE as more than just a meme coin

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Notcoin airdrop on Telegram made millions to people. Don’t miss out on the next TG airdrop by the same team – Dogs on Ton!

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Realistic target (Breaking $0.73 ATH): Breaking the all-time high of $0.73 is seen as a more realistic long-term goal. This would represent a return to Dogecoin’s peak performance and would require:

A recovery in the broader crypto market

Renewed interest in meme coins

Positive developments within the Dogecoin ecosystem

Potential integration into major platforms or services

Conservative target (Surpassing 2024 yearly high of $0.22): This is considered the most achievable target in the near to medium term. To reach this level, Dogecoin would need to:

Break out of its current descending channel

Benefit from an overall market recovery

Maintain its position as a leading meme coin

Possibly receive a boost from positive news or developments

It’s important to note that Dogecoin’s future will largely depend on overall market conditions, potential political shifts such as a Trump victory in November, and the possibility of Musk implementing DOGE as a payment option on X (formerly Twitter).

Read also: XRP Price Prediction: Ripple Analyst Forecasts Potential 2,100% Surge to $18, Hints at $100 Possibility

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The post Is Dogecoin Dead? DOGE Price Prediction appeared first on CaptainAltcoin.

FU Capital ir novatoriska platforma, kas koncentrējas uz plaisas pārvarēšanu starp tradicionālajām finansēm un decentralizētajām finansēm (DeFi), izmantojot RWA (Real World Assets) tokenizāciju. Platforma ar prieku paziņo par saviem nesenajiem līdzekļu vākšanas sasniegumiem un dalās ar informāciju par gaidāmajiem notikumiem.

Pēdējā pavērsiena posmā gan dibinātāju izpārdošana, gan sēklu izpārdošana ir veiksmīgi noslēgusies, un tagad ir atvērta privātā izpārdošana. TGE (Token Generation Event) ir paredzēts 2024. gada 3. ceturksnī. Fu Capital platforma “Beta” arī ir pieejama un tiek veikta visaptveroša iekšējā pārbaude. Publiskā izlaišana ir gaidāma pēc vairākām nedēļām, piedāvājot lietotājiem piekļuvi virknei novatorisku pakalpojumu, kas izstrādāti, lai mainītu veidu, kādā tiek pieņemti ar aktīviem nodrošināti patēriņa un uzņēmumu aizdevumi. 

Pēc pēdējās avārijas kriptovalūtu tirgus ir sācis atgūties. Kā tas bieži notiek, mēmu monētas ir vienas no lielākajām ieguvējām.

Tas, kas atšķiras no citiem tirgus atlēcieniem, ir fakts, ka ir pamodušies arī komunālie projekti, piemēram, Notcoin.

Solana mēmu monētas šodien plūst un vada mēmu mītiņu. Dogwifhat (WIF) cena šodien ir pieaugusi par 20%, un tagad tā tiek tirgota aptuveni 1,7 $.

Avots: ConiMarketCap/dogwifhat

Arī Solana POPCAT ir palielinājies par 20%, palielinot tirgus maksimālo apjomu vairāk nekā 500 miljonu ASV dolāru apmērā.

Kripto analītiķis Javons Marks ir dalījies ieskatos par X par XRP cenu darbību un iespējamām nākotnes izmaiņām. Marks norāda, ka XRP nesen piedzīvoja īslaicīgu izlaušanos, kas, šķiet, nav bijusi veiksmīga. 

Tomēr viņš atzīmē, ka pašreizējie modeļi gan cenu darbībā, gan relatīvā stipruma indeksā liecina, ka joprojām var būt vērojams kāpums.

XRP cenu prognozēšana

Savā analīzē Marks iezīmē konservatīvus cenu mērķus XRP veiksmīgas izlaušanās gadījumā. 

Kripto tirgi vienmēr ir sajaukuši savvaļas spekulācijas un novatoriskas tehnoloģijas, balansējot uz tradicionālās finanšu un digitālās robežas. Nesenais tirgus kritums ir izraisījis šo trauslo līdzsvaru. Mazumtirdzniecības investori, kas kādreiz bija saslimuši, tagad tuvojas tirgum ar baiļu un valdzinājuma sajaukumu. 

Bitcoin (BTC) nav veicies labāk, jo tas virzās dziļāk kriptoziemas nagos. Tomēr, lai gan Bitcoin var mirdzēt kņadas laikā, altkoīni, piemēram, Shiba Inu (SHIB) un Dogecoin (DOGE), rada neskaidrības.

Plašākais kriptovalūtu tirgus virza optimisma un nenoteiktības viļņus. Šajā nesenajā finanšu plūdmaiņu sezonā Bitcoin (BTC), Ethereum (ETH) un Ripple (XRP) ir piedzīvojuši kontrastējošus stāstus ar neseno tirgus kritumu. Paralēli tam Pawfury (PAW) kļūst par skatāmu pirmspārdošanas projektu, solot šķietami paredzamus modeļus, kas izceļas nepastāvīgajā kriptovalūtu vidē.

Šis smalkais baiļu un alkatības līdzsvars, piegādes samazināšana un ETF ieviešana veido tirgu, kas ir tikpat neparedzams kā pati jūra. Šajā vētrainajā kontekstā mēs iedziļināmies triju lielo: Bitcoin (BTC), Ethereum (ETH) un Ripple (XRP) tehniskajā analīzē, iezīmējot to iespējamos nākotnes ceļus, kuru pamatā ir gan bullish, gan lāču scenāriji.

MoonTaurus (MNTR) is a new meme coin aiming to disrupt the traditional finance industry. With a mission to empower the everyday investor, MoonTaurus leverages the power of memes to build a strong and engaged community. 

The project is currently in its presale phase, with over $220,000 raised so far. Early investors have the opportunity to purchase MNTR tokens at the current price of $0.005, with the next phase set to double the token price.

MoonTaurus Rising Status in the Crypto Market

MoonTaurus has captured strong investor attention with its recently launched presale. The presale has raised over $180,000 in less than a week and is over 60% sold out in Phase One.

MoonTaurus has established a strong foundation by prioritizing community engagement and growth. Unlike most meme coins, the project features a comprehensive roadmap that outlines its growth strategy and key milestones, setting it apart as a project with a clear long-term vision and goals.

This approach, coupled with the token’s growing popularity, has attracted the attention of giant meme coin whales. Their participation is a testament to the token’s underlying strength and future prospects. The influx of whale investment has propelled MoonTaurus into the spotlight, attracting wider attention from the crypto community.

Insiders from well-known cryptos, such as Shiba Inu, have already expressed interest in the project and are currently participating in the presale. This endorsement from seasoned investors strengthens its legitimacy and appeal. Furthermore, market analysts foresee a post-launch rise, with early investors earning up to 100x returns by the end of the bull run.

The MoonTaurus Presale: A Limited-Time Opportunity

Investors are rushing to the MoonTaurus presale, attracted by the prospect of huge returns. The current phase provides an opportunity to purchase MNTR tokens for a fraction of their expected value. However, it is critical to act quickly, as the presale is moving quickly and the allocated token supply is running out.

The looming transition to Phase 2 will result in a 100% price increase, emphasizing the importance of early investment. This price increase, combined with the token’s growing popularity, creates a sense of FOMO among investors.

The Road Ahead for MoonTaurus

MoonTaurus aims to achieve a $1 billion market capitalization and increase liquidity through listings on premier exchanges. These goals demonstrate the team’s determination to drive considerable growth and strengthen MoonTaurus’ market position.

As the project progresses, investors can expect increased liquidity, greater accessibility, and exciting developments that will help MoonTaurus maintain its market position. The token’s journey is only beginning, and its trajectory is set to be nothing short of spectacular.

MoonTaurus is an appealing investment opportunity for those seeking significant returns. The token’s unique narrative, combined with its strong fundamentals and growing investor interest, sets it apart in the crypto market. 

With the presale underway and prices expected to rise in the coming days, now is the time to buy. MNTR has established itself as a top meme coin during the 2024 bull run thanks to its fixed token supply, growing investor interest and scheduled exchange listings.

By joining the MoonTaurus community, investors not only position themselves for the potential to double their investments but also for the possibility of achieving up to 100x returns before the end of the bull market.

Website – Linktree

DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post Cheap Token Under $0.01 to Buy in 2024 for Doubling Your Investment appeared first on CaptainAltcoin.

Notcoin is “performing exceptionally well,” as noted by Decilizer in one of his latest analyses on X. The analyst pointed to a strong support level at $0.08, where the price rebounded, and thinks it is enough to make the price spike to around $0.23.

Decilizer thinks this is possible since the price has seen a 370% rise from that support in the past. The ongoing bullish trend in Toncoin (TON), on which NOT is built, is also seen as a bullish trigger.

$NOT is performing exceptionally well. It has established a solid support level at $0.008, and we are highly optimistic about achieving our target of $0.023. The current bullish trend of $TON boosts our confidence.We've seen a 370% gain in growth on it before. pic.twitter.com/lD2QUgSjpZ

— Decilizer (@decilizer) August 6, 2024

TON price is up today by 6%, and the growth of the ecosystem is expected to affect unique layer 2 networks and solutions built on it.

Price Action Points to the Next Possibilities for Notcoin Price

A deeper look at price action shows two possibilities for the price of Notcoin. There is a broader descending trendline that is forming lower lows and lower highs.

Even though the support at $0.08 triggered a bullish reversal, it still formed a lower low compared to the last swing low, which was at $0.09. The current bearish move could be part of the more general market recovery that started today.

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However, the price keeps trading lower within a descending trendline. The bullish possibility is a retracement to the trendline, which could then serve as resistance and trigger the continuation of the bearish move.

This means for us to become strongly bullish on Notcoin, we need to see a breakout above the descending trendline. Until then, all the bullish moves will be seen as minor retracements.

On the other hand, the price will have to break below the support at $0.08 to confirm and continue the bearish lower low, lower high pattern. Fulfilling this criterion may trigger a decline to around $0.048.

Next Big Airdrop?

Notcoin airdrop on Telegram made millions to people. Don’t miss out on the next TG airdrop by the same team – Dogs on Ton!

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The post Notcoin (NOT) Price ‘Performing Exceptionally Well’ But Bearish Metrics Signal Caution appeared first on CaptainAltcoin.