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BTC sub 66.000 USD, long-urile au scapat 88 de milioane USD într-o oră 🔪
$BTC #BTC #Bitcoin 

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⚠️ Notcoin up 15% after Airdrop closes, market expects potential breakout to $0.045 Notcoin is up 15% in the last 24 hours, kicking off a broader market recovery in the cryptocurrency sector. This calls into question the sustainability of the popular Play-to-Earn (P2E) cryptocurrency's momentum. A significant jump in trading volume and a detailed update of tokenomics further fueled market interest. $NOT #NOT #Notcoin

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⚠️ Cryptocurrency Market Faces Uncertainty as Week Ends As the week draws to a close, uncertainty continues in the cryptocurrency market. Over the past two weeks, the market has suffered significantly, with Bitcoin’s price dropping from $70,000 to $58,500, causing a major shock. Although BTC’s price recovered to over $61,000, the rest of the market wasn’t as fortunate. So, what is the current situation for high-volume altcoins like Shiba Inu, Floki, and XRP? 🔸 Shiba Coin TL Overview DOGE had gained value over the years following its emergence. After DOGE initiated the meme coin craze, another meme coin that marked 2021 was SHIB, the second-largest meme coin by volume. However, things don’t look good for SHIB today. After a 1.22% drop in the last 24 hours, SHIB’s price is at $0.00001689. SHIB shows a 6.75% decline over the past 7 days, and a 40% drop over the past 30 days. Despite continuous burns, investors are curious when SHIB’s price will return to ATH levels, as market and trading volumes don’t look promising. 🔸 FLOKI Coin TL Value Meanwhile, attention was on another high-volume altcoin, FLOKI. Support from major investment firms and recent burns triggered a significant rise in FLOKI’s price in the past period. FLOKI has seen a 574% increase over the past year, indicating much higher levels before the recent declines. The price of FLOKI in the TRY pair is 0.005562 TRY. As of the time of writing, FLOKI’s price is at $0.0001635 after a 0.79% drop in the last 24 hours. FLOKI’s market cap is $1.5 billion, while the 24-hour trading volume is $121 million after a 24% drop. 🔸 XRP Coin Price Overview Unlike other projects, XRP, which is at the center of the Ripple and SEC case, saw a nearly 0.5% increase in the last 24 hours. After the rise, the price reached $0.4728. The most interesting aspect of XRP is that despite all the market activity, it has only seen a 1% increase over the past year. #SHIBA #FLOKI #XRP

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👀 Litecoin Eyes Potential Rebound: Can It Overcome Recent Downtrend? ● Litecoin has shown a significant recovery, with a rebound of over 10%, and testing the 20-day EMA amid ongoing market correction. ● There is anticipation that Litecoin could surpass the critical $80 mark, signaling a potential upward trend. ● Technical indicators suggest increasing buyer momentum and potential for further price gains in Litecoin. Following a period of market correction and downtrend, Litecoin appears primed for a potential rebound. Recently, Litecoin (LTC) experienced a significant recovery, achieving a rebound of over 10% and testing the 20-day EMA mark this week. Despite the lower low swings still evident, buyers are keen to reverse the prevailing trend. The LTC coin recently underwent a range breakdown, dipping to the demand zone around $68. However, it managed to stabilize and witnessed a pullback as buyers started accumulating the coin. This recovery suggests that Litecoin may have completed its corrective phase and could be set for a notable rise, particularly if it surpasses the critical $80 mark. The recent approval of Bitcoin (BTC) spot ETFs has kept the broader cryptocurrency market under pressure, with Litecoin showing signs of selling pressure. Nevertheless, Litecoin displayed a modest recovery, trading at $74.15 with a 1.06% intraday surge. Although it reflects a monthly return of 11.20%, its annual return stands at 12.20%, indicating long-term consolidation. A rebound appears likely, contingent on Litecoin maintaining levels above its 20 and 50-day EMAs. The recent spike in trading volume, exceeding 70%, indicates significant buyer accumulation from the demand zone. The $80 mark serves as a critical threshold for Litecoin. If the recovery continues, breaching this level could signal a substantial upward movement. Conversely, failure to surpass this mark may result in continued bearish trends, potentially driving prices toward the $60 zone. $LTC #LTC #Litecoin

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💥 MATIC Attracts Investor Attention Bitcoin’s volatile price movements have turned the spotlight onto high-volume altcoins, particularly Polygon’s native token, MATIC. Recently, MATIC hit a nine-month low, raising critical concerns among investors who have already faced substantial losses. 🔸 What Are MATIC’s Current Indicators Saying? Despite the market’s bearish sentiment, the Moving Average Convergence Divergence (MACD) for MATIC suggests potential price fluctuations. At the time of writing, the MACD line was slightly below the signal line, indicating a potential decline. However, the close proximity of these lines also hints at the possibility of an upward movement. Additionally, MATIC’s price is currently below both the 50 and 200-period moving averages, signifying a short-term bearish trend. 🔸 How Does the Future Look for MATIC? A critical aspect to watch is that 92.91% of existing addresses holding MATIC are “out of the money,” meaning their value is below the transaction price. Furthermore, there has been an increase in MATIC’s exchange inflows, which might result in additional selling pressure. However, market data also shows consistent outflows, suggesting that the selling pressure has not escalated significantly. 🔸 Investor Insights ● Monitor MACD lines for indications of price movement. ● Be aware of the short-term bearish trend indicated by moving averages. ● Observe exchange inflows to gauge potential selling pressure. ● Pay attention to the NVT ratio for signs of increased transaction volume. The NVT ratio is also worth noting, as its downward trend could be attributed to a rise in transaction volume or a decline in network value. An uptick in transaction volume might lead to a price increase, providing a potential opportunity for investors. #MATIC $MATIC

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🔥 Shiba Inu’s Undervaluation Signals Potential for Major Price Rally Shiba Inu is currently underbought, as indicated by its low MVRV Z-Score reflecting significant undervaluation.Historically, such undervaluation periods often precede substantial price rallies as the asset’s value realigns with its inherent worth.Market sentiment and positive developments within the Shiba Inu ecosystem could trigger the anticipated price rebound for SHIB. Shiba Inu (SHIB) is currently identified as underbought, with its MVRV Z-Score reflecting significant undervaluation. Historically, such periods of undervaluation have often been precursors to notable rallies as prices realign with their inherent worth. Analysts recently highlighted Shiba Inu as a notable large-cap asset showing substantial undervaluation. A high MVRV Z-Score typically indicates that the market value exceeds the realized value, suggesting overvaluation. Conversely, a low MVRV Z-Score suggests undervaluation, meaning the asset trades below its inherent worth. 📊 According to MVRV Z-Score, which identifies overvalued and undervalued assets based on average trader returns, top caps are in the following categories: 🤑 Overbought: Toncoin, Bitcoin, Ethereum 😟 Underbought: Uniswap, Shiba Inu — Santiment Analysis indicates that SHIB is currently underbought, with the MVRV Z-Score showing undervaluation. This situation implies that, on average, traders holding SHIB are experiencing losses, which historically has been a sign of an upcoming price correction. At present, SHIB’s price has dipped by 1.23% over the past 24 hours, now standing at $0.000017. This decline reflects the broader market’s subdued activity, yet it also underscores the asset’s potential for recovery. The suggestion of undervaluation presents a potentially bullish outlook for Shiba Inu. Should this analysis prove accurate, SHIB could be poised for a significant price surge. However, it’s essential to remember that market sentiment significantly influences cryptocurrency prices. $SHIB #SHIB

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