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💥 According to AMBCrypto: Best Crypto to Buy Right Now $BONK shocked its investors with significant gains in the past week. The Solana-based meme coin has just risen over its average value, with its price up by 25.8% the past seven days.  The token is one of the highest crypto gainers this week. The price of this meme coin rose from $0.00001993 to $0.00002605. BONK is Solana’s social layer and community meme coin, with deep integrations as a utility token across a broad range of applications and protocols inside the Web3 ecosystem. $PEPE continues to rise in the crypto market with a 25.7% increase in a week, raising its value to $0.000007362 with a market cap of $2,995,621,883 and a trading volume of $762,324,339. PEPE recovered quickly after several days of slow progress. With this increase, the memecoin has moved closer to the all-time high benchmark of $0.00001074, which is possible if the momentum continues.  This surge can be attributed to the influence of its committed group of investors, notably whales, who have large holdings and have lately bolstered their investments. $HBAR was one of the few cryptocurrencies whose prices were unaffected by March’s bullish run. However, the coin has outperformed all others during the current crypto downturn.  The coin has gained 21.5% in the past week, changing hands at $0.1066. Notably, its trading volume saw an average day-to-day growth of 7,500%.  Hedera is a public hash graph network and governing body designed to meet the needs of mainstream markets. The platform is poised to be the world’s first widely accepted public distributed ledger, offering a diverse range of applications.

💥 According to AMBCrypto: Best Crypto to Buy Right Now

$BONK shocked its investors with significant gains in the past week. The Solana-based meme coin has just risen over its average value, with its price up by 25.8% the past seven days. 

The token is one of the highest crypto gainers this week. The price of this meme coin rose from $0.00001993 to $0.00002605.

BONK is Solana’s social layer and community meme coin, with deep integrations as a utility token across a broad range of applications and protocols inside the Web3 ecosystem.

$PEPE continues to rise in the crypto market with a 25.7% increase in a week, raising its value to $0.000007362 with a market cap of $2,995,621,883 and a trading volume of $762,324,339.

PEPE recovered quickly after several days of slow progress. With this increase, the memecoin has moved closer to the all-time high benchmark of $0.00001074, which is possible if the momentum continues. 

This surge can be attributed to the influence of its committed group of investors, notably whales, who have large holdings and have lately bolstered their investments.

$HBAR was one of the few cryptocurrencies whose prices were unaffected by March’s bullish run. However, the coin has outperformed all others during the current crypto downturn. 

The coin has gained 21.5% in the past week, changing hands at $0.1066. Notably, its trading volume saw an average day-to-day growth of 7,500%. 

Hedera is a public hash graph network and governing body designed to meet the needs of mainstream markets.

The platform is poised to be the world’s first widely accepted public distributed ledger, offering a diverse range of applications.

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🚀 According to U.Today: $BTC on Verge of Losing $60,000 Bitcoin is currently on the brink of dropping below the $60,000 level, a significant psychological and technical level for the cryptocurrency. As observed on the chart, a descending trendline is clearly applying downward pressure, guiding Bitcoin into forming lower lows. This pattern suggests that the downward momentum might continue in the near term. The current market dynamics show Bitcoin's price being squeezed by this descending trendline. Every attempt to push upwards meets resistance, leading to lower highs — a classic indicator of a continuing downtrend. Notably, the volume of trades has been decreasing, which typically indicates a weakening of the current trend and potentially sets the stage for a trend reversal. However, the current signals suggest that the market is not yet ready to reverse to being bullish. Adding to the complexity of the movements is the potential formation of a higher low, which could be the first sign of an impending shift in trend. This is a critical observation as it could signify that although the overarching trend is bearish, there is some buying interest at lower levels that prevents further drops, providing a temporary floor for Bitcoin's price. The immediate future of Bitcoin's price largely depends on its interaction with the trendline and key moving averages. Currently, the 50-day Exponential Moving Average (EMA) sits around $65,000, acting as potential upper resistance in case of any bullish reversal.
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💵 According to AMBCrypto: Will $SOL slide right down to $120? The range (purple) from $156 to $116 has its mid-point at $136. Additionally, the Fibonacci retracement levels at $141 and $122 are also expected to act as support. The rejection on Monday the 6th of May was followed by a 10.8% drop. At press time, the $141 level held as support, but it was unclear if it could hold the bears off for the remainder of the week. The RSI on the 12-hour chart has slipped below neutral 50 as an early indication of growing bearish momentum. The MACD showed bullish momentum had been gathering strength, but it was quickly reversed in the past 48 hours. At press time, the MACD was neutral but threatened to flip bearishly. Traders can expect a minor relief bounce at the $136 mid-range support. The trading volume has remained steadily low in the past two weeks, and if it continues, another drop to the $122 level would be likely. While the price of Solana formed a range in the past month, the Open Interest stayed relatively flat. It saw minor dips and bounces alongside the price oscillation between the range extremes. This indicated a lack of bullish conviction from futures market participants. The spot CVD also formed a range. This was a positive finding for long-term bulls, as it underlines a period of consolidation. Ideally, buyers want to see the spot CVD trend higher during consolidation. Given the uncertainty and fear in the market now, it’s good enough that the spot CVD did not begin a downtrend.
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