😱🔥Binance CEO Teng explained: We saw large inflows on the day of the crisis🚀🚀

In a tweet yesterday, #Binance CEO Richard Teng, who stated that he does not think that the market declines experienced will be long-term, also gave information about the stock exchange today. Noting that they saw net inflows of $1.2 billion just yesterday, Teng said, "It was one of the biggest inflow days we have seen since the beginning of the year."

Richard Teng, CEO at Binance, stated yesterday that they received the largest inflows they have seen since the beginning of the year. Teng, who stated that the stock market saw $ 1.2 billion of inflows, also said that the markets have started to improve.

“There is an increase in token prices”
Teng, who stated that they saw great input on the day of this collapse in the information he gave through X, and that this was a reflection of the confidence they had in themselves, said::

"During the macroeconomic market crisis experienced yesterday, Binance saw net inflows of $ 1.2 billion. This figure was one of the largest inflows of 2024. This clearly shows investor confidence. in terms of transaction volume, we also saw one of the largest figures since the beginning of the year yesterday. We have also started to see some returns on important tokens. The current market trend confirms this to us.”

#RichardTeng #BTC #BTCMarketPanic

😱🚀🚀Top 4 Altcoins to Transform Your Portfolio: 10X Potential During a Crash

$PEPE (#PEPE )
Pepe, a standout in the meme coin sector, has skyrocketed over 20x since May 2023. With a current market cap of $5.2 billion, projections suggest it could surge up to $50 billion, potentially yielding over a 10x return. Pepe is now priced at $0.000013 and ranks 22nd position in the crypto market. With a bullish turnaround in the daily chart, the PEPE price action shows a massive uptrend as the crypto market grows. In 2024, the meme coin has given almost 1000% YTD growth and continues the uptrend with increasing demand.

Dogwifhat (#WIF )
Dogwifhat is gaining traction despite its limited use. Matt predicts it could follow Shiba Inu’s success, potentially reaching a $35 billion market cap and delivering around 13x returns. Priced at $0.33 and ranked No. 2244, $WIF shows promise. As 2024 progresses, Dogwifhat could approach the $1 mark.

Render (#RNDR )
Render, now on Solana, merges AI with blockchain technology. Currently valued at $2.6 billion, it’s expected to grow to $20-$25 billion, offering nearly 10x returns. Render is priced at $11.12 and holds the 26th spot in the rankings, making it a notable player in the AI and blockchain space.

$BONK (#BONK )
The top Solana-based meme coin, BONK, has a promising price trend in the daily chart, teasing a massive surge impending in the coming days. It has appreciated 8,000% over the past year. It’s projected to reach a market cap of $10 billion, translating to a 5x return. Bonk is currently priced at $0.000032 and ranks No. 55. As the Solana ecosystem grows, the BONK is expected to trend more in the crypto world. Considering the hype explodes, the altcoin could reach the new ATH soon.
#altcoins

👀🤝 I am happy to announce that I will participate as a speaker at the Istanbul Chain Conference 2024, which will be one of the largest conferences in Istanbul on 14-15 September. Stay tuned,

details are in the link🕶️🔥 👇

https://chaincon.ist/

#chainconference #binance #BNB #BTC

🔓🤯Alarm bells are ringing for these 5 Altcoins: Unlocking is on the way 🔻🔻🔻

1- IMX, one of the popular projects of ImmutableX GameFi, will be released on August 9th with 32.47 million #IMX ($39.29 million). This value, which corresponds to 2.11 percent of the alloy supply in the dollar, will create selling pressure on the parity. According to current data, 448.62 million IMX are locked, and 1.55 billion IMX are in circulation.

2- Xai (#XAI ) Arbitrum network's altcoin XAI, which operates on the GameFi side, enables the connection of 35.88 million XAI ($8.73 million) on August 9th. This value, which corresponds to 6.90 percent of the alloy supply in the dollar, may trigger sales transactions. According to current data, 999.35 million XAI are locked, and 500.40 billion IMX are in circulation.

3- Ethena (#ENA ) ENA, which gained fame with the launch of Ethereum spot ETFs, will launch 14.89 million ENA ($4.68 million) on August 11. This value, which corresponds to 0.82 percent of the alloy supply in the dollar, may cause a further decrease in the parity depending on the ETH price. According to current data, 8.37 billion XAI is locked and 1.34 billion ENA is in circulation.

4- Ionet (#IO ) IO, one of the popular projects of the DePin category, offers software services for 2.11 million IO ($3.81 million) on August 11. This value, which corresponds to 2.22 percent of the circulating supply, will sustain the IO price to lower levels depending on the DePin trend. According to current data, 567.24 million XAI is locked and 107.76 million IO is in circulation.

5- Aptos (#APT ) APT, defined by regular unlocks, added 11.31 million APT ($63.22 million) to the market on August 11. This value, which corresponds to 2.41 percent of the circulating supply, may cause a sell-off in Aptos investors.

😱🤯Altcoin market was destroyed: These 4 names could not resist the sale🔻🔻🔻

1- JasmyCoin (#JASMY ) $JASMY , one of the most popular altcoins for a while, fell by 31.20 percent in the last 24 minutes. Especially frightening with futures market movements, JSMY ranked first.

2-dogwifhat (#WIF ) $WIF , one of the popular memecoins of the Solana ecosystem, lost 30 percent in value in the last 24 minutes. WIF, which was exposed to selling pressure due to open interest and the course of the market, joined the list in second place.

3- Lido DAO (#LDO ) With the increase in the trading of spot ETH ETFs, $LDO continued to increase for a short time. The popular altcoin, which lost support one by one as ETH lost $ 2500, fell by 29.15 percent and became third on the list.

4- Pepe (#PEPE ) PEPE, one of the leading memecoins of the Ethereum network, could not somehow overcome the selling pressure. Having lost 27.70 percent in the last 24 minutes, PEPE ranked 4th on the list.
#altcoins

😱🤯The wave of panic grew in Bitcoin and Altcoins: Reasons for the declines🔻🔻🔻

You can experience a turbulent Sunday in the cryptocurrency market. While a cryptocurrency is being taken back to $57,000 levels, many altcoins are seeing double-digit declines.

The decline in #Bitcoin since the weekend deepened as the week ended. The total market value of cryptocurrencies decreased from 2 units of $126 billion to 1 unit of $975 billion today. $150 billion was erased in just a few times. The loss seen in the market since the week has reached $500 billion.

It is estimated that there are many factors immediately behind the declines. Friday's employment data fueled fears of a recession in the US economy. Following this, major indices such as the S&P 500 and Nasdaq recorded significant losses, and the cryptocurrency market took its share. In addition to the geopolitical tension of the other legs of the declines, it is evaluated that Trump's chances of winning the election have started to decrease.

In addition to all this, Jump Crypto's transactions in the market may have been hit. Jump Crypto, a crypto affiliate of algorithmic trading company Jump Trading, has transferred over $400 million in ETH to exchanges in the last two weeks. “The crazy sell-off in crypto seems to be due to the margin call area in traditional markets and therefore Jump Trading closing cryptocurrency transactions that need liquidity or are legally emerging over the weekend,” says crypto entrepreneur Julian Hosp.

According to ZeroHedge, the cryptocurrency decline is the result of a large sell order placed by a timed explosion. The report noted that the birth of the same candidate’s son was 7 days old, and that the US exchanges were entered during the entry and left open over the weekend. It is alleged that this was done in order to sell high-frequency traders (HFT) and work on short assignments, as well as to close long assignments with leverage.

#BTC #altcoins #binance

😱🚀🚀Despite the market decline, these 3 Altcoins may be creating buying opportunities

Optimism (#OP ): A Hidden Gem Ready to Surge in the Next Altcoin Season
Optimism ($OP ) is a cryptocurrency focused on making Ethereum transactions faster and cheaper. Even with the current market slump, the patterns hint at a repeat of 2021’s bull run. OP uses a layer-2 scaling solution, which means it can handle more transactions quickly and with lower fees. If history repeats itself, this coin could be a big winner. The technology behind OP could gain more popularity, especially when the market starts to pick up again. This makes OP look very attractive in the current market cycle.

$SUI : A New Contender Ready to Soar in the Upcoming Altcoin Season
#SUI is a fresh and promising cryptocurrency with advanced technology. Its platform focuses on scalability and low transaction fees, making it ideal for everyday use. In the current market cycle, SUI shows remarkable potential to rise, much like some coins did in 2021. The coin’s innovative approach and solid foundation make it an attractive option for those looking to diversify their portfolio and capitalize on the next bull run.

Lido (#LDO ): Unlocking Staking Rewards with Potential for Big Gains
Lido ($LDO ) is a cryptocurrency used in a decentralized staking solution for Ethereum. It allows users to earn rewards while their ETH remains liquid and can be traded. With the market’s recent shake-up, LDO shows promise, recalling the positive patterns of the 2021 bull run. Its technology offers flexibility and accessibility in staking, making it attractive even in today’s market cycle. As more people look for reliable staking options, LDO could see significant growth.
#altcoins

😱🚀🚀We are examining 2 Altcoins with recovery potential that may be buying opportunities

Avalanche ($AVAX )
Avalanche (#AVAX ) is currently trading between $21.82 and $31.49, showing potential for a strong rebound despite recent bearish momentum. Although bears have been dominant with a recent drop of nearly 20% in one week and over 34% in six months, there is a promising upside.

If bulls can push past the $35.55 resistance, AVAX could rise to around $42.22, representing a potential 35% increase from its lower range. While caution is advised if the price dips below $22.22, which could lead to a decline towards $15.55, the overall outlook remains optimistic. The technical markers, including the RSI and MACD, indicate that with renewed buying interest, AVAX could experience significant gains. This positions AVAX for a possible strong upward move, making it an exciting opportunity for investors.

TRON ($TRX )
TRON (TRX) is currently trading between $0.13 and $0.14, but it shows significant potential for a strong recovery. If TRX can break through the resistance at $0.14, it could rise to $0.15, representing a 7% increase. The Relative Strength Index (RSI) at 66.73 and the Stochastic reading at 76.39 suggest cautious optimism, indicating that while the market sentiment shows some bullish momentum, there is room for a substantial upward move.

Recent price changes have been modest, with a 0.73% gain over the past month and a 7.55% rise over six months. Although there was a nearly 7% drop in the past week, this decline sets the stage for a potential robust recovery. If the bullish momentum strengthens, TRX could experience significant gains, making it an exciting opportunity for investors looking for growth.
#binance #altcoins

😱🤯Dogwifhat (WIF) crashed: Sales are increasing in Memecoins 🔻🔻🔻

According to CoinGlass systems, #Dogwifhat ($WIF ) OI has fallen by about 28 percent from $353.4 million to $252.5 million.

Solana-based memecoin Dogwifhat’s open interest (OI) has fallen to lower levels following a price drop, with the move expected to see a retest of a critical support level in the near future.
Cryptocurrency analysts have indicated that selling on dogwifhat (WIF) is likely to increase.

WIF was trading at $1.67 at the time of publication on August 3, according to CoinMarketCap’s performance, and has fallen 35.48 percent since July 27. Several crypto analysts expect Dogwifhat to encourage a test of a critical support level at 1.50 in the near future.

Cryptorphic, known for his cryptocurrency analysis, wrote in an X post on August 2, “WIF is in a recovery phase on the daily timeframe and is likely to move down towards the lower support trendline between $1.50 and $1.70.” Another crypto analyst, Scient, said, “The price is correcting towards the daily support.”

Cryptocurrency investor CryptoJack wrote in a post to his 337,000 followers, “WIF price reached the previous target and is now falling again and will probably retest the $1.5 backup.” If dogwifhat tests the $1.5 band and the downward movement in BTC continues, then a pullback to $1 can be expected for the memecoin.

The increasing BTC dominance every passing day, geopolitical problems and the increasing sales in BTC will have a negative impact on WIF. WIF investors first draw attention to $1.5 and then a band of dollars.
#memecoins #WIFUSDT

😱🚀🚀Analyst: Here are 5 Altcoins to Have on Your Radar in August!

The first-ranked altcoin: #FLOW ($FLOW ) Flow will witness the development of the Crescendo Network Upgrade, which will be launched on Testnet on August 14. The major focus of the application is its scalability and decentralization. This is expected to demand the FLOW price, which is currently trading at $0.65, and increase the rally.

A break of the resistances at $0.81 and $0.96 could see the altcoin price rise to $1.00. However, failure to do so could result in a consolidation below $0.96, as FLOW did between mid-April and mid-June.

Conflux ($CFX ) is in second place. Conflux is about to undergo a major hard fork targeting the storage and overall security of the network. The hard fork, scheduled to take place on August 6, will make several changes to Proof of Stake (PoS). The altcoin price is likely to see some potential upward volatility during this time. This could help the altcoin break the 0.17 and 0.14 investment. It is also possible that it will prevent the Conflux distributions in early June. However, in the presence of currency bears, this consolidation is likely to continue. It is even possible that the breakout of the 0.14 support will intensify and the price will pull back to the $0.10 level.

We continue the list with Starknet (#STRK ). Starknet is preparing for the next expansion planned for August. This upgrade will provide the network with the feature of parallel execution. In addition, after this increase, the transaction per second (TPS) capacity is expected to increase to 250. At the same time, the recovery from the all-time lows seen in early August will also help the STRK price. The altcoin is currently trading at $0.456, having slightly recovered from 0.424 ATL. It is possible that the reversal will send the $STRK price towards the resistance in the 0.619 circle. A break and reversal of the resistance could lead to further recoveries, pushing the price towards $1.043 and above.

#CFX #altcoins

😱🚀🚀Expert List: 3 Altcoins with big boom potential soon

Bright Future for $INJ : Altcoin Season Boosts Prospects Despite Market Dumps
#INJ , short for Injective Protocol, shows promise in today’s market. It’s a decentralized finance (DeFi) platform that allows traders to create and trade on any market they want. INJ’s technology is fast and offers no gas fees, making it attractive for users. This coin is gaining attention as patterns from the 2021 bull run suggest another altcoin season might be near. With its unique features, INJ could be a standout performer, even with recent market dumps.

#Kaspa (KAS) Shines Bright As Altcoin Season Approaches
Kaspa (KAS) is a new and exciting digital coin making waves in the crypto space. Its unique technology allows for fast and secure transactions, catching the eye of many. With the market showing patterns similar to 2021’s bull run, KAS looks very attractive in the current cycle. As more investors seek out promising altcoins, Kaspa’s potential to rise seems more likely. Now might be the perfect time to explore what KAS offers.

#FET Looks Set to Shine in the Next Altcoin Season
Fetch.AI ($FET ) is a project that combines artificial intelligence with blockchain technology. It aims to create a decentralized network where machines can learn, adapt, and work together. FET’s potential lies in its ability to automate complex tasks and improve efficiency across various industries. As we see patterns similar to the 2021 market surge, FET looks attractive, offering innovative tech and strong use cases. In the current cycle, this altcoin could be a hidden gem ready to thrive.
#altcoins

😱🚀🚀Will Shiba Inu Shock The Market With A Quick 40% Reversal?🐶

Teasing a double bottom possibility in the 4H chart, $SHIB Inu prepares for a positive cycle in a falling channel. Will a reversal rally in #SHIB Inu surge 40% for a breakout run?As the meme coins suffer an intense pullback this week, the second biggest in the segment, Shiba Inu, takes a big hit. With a 20% drop in the recent bear cycle, Shiba Inu forms six consecutive bearish candles in the 1D chart. However, the bearish run approaches critical support, which could reverse the trend polarity this weekend. With the chances of a double-bottom formation, the meme coin teases a new bull cycle this month.

Final Reversal Call for $SHIB Bulls
In the Shiba Inu daily chart, the lower high formation leads to a falling channel pattern over the weeks. Tracing the recent reversal from the overhead trendline, SHIB forms 12 out of 18 bearish candles, accounting for the 25% drop.
However, the bulls finally get a chance for a reversal rally from the crucial support level of $0.00001453. Currently, Shiba Inu forms a dragonfly doji candle with an intraday move of 0.55% and trades at $0.00001473.

The RSI line shows a bullish divergence in the last two dips at the baseline, supporting the recovery chances. Furthermore, the MACD shows a similar divergence despite the bearish crossover in action.

The bullish recovery breaking above the trendline could result in a trend reversal rally. As per the trend-based Fibonacci levels, Shiba Inu could hike up to the $0.000020 mark this month for a 40% surge.
What’s the Downside Risk for Shiba Inu?
In the weekly chart, the negative cycle approaches the support trendline of a massive triangle pattern. The ongoing correction drops under the 38.20% Fibonacci level at $0.00001610.

Shiba Inu Price Chart
With a 12.50% drop this week, the downfall approaches the support trendline, increasing the downside risk. A bearish breakdown could result in a 20% price fall to the $0.000010 psychological support.

#Shibusdt #binance #memecoins

😱🚀🚀BONK Price Prediction 2024 – 2030: Will BONK Price Hit $0.000050 In Q3?

#BONK Price Prediction 2024
If the cryptocurrency market continues to grow in 2024, fueled by the anticipated bull run in the crypto market, $BONK can successfully reach a wider audience. Further, with the growing community, the BONK price could potentially reach as high as $0.00085.

Conversely, during the liquidity crunch or a market-wide pullback, the downside potential is vast for the BONK meme coin. The bears can retest the $0.000010 mark in case of a high-speed crash.

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 $0.000010 $0.0000475 $0.000085
BONK Price Prediction 2025
Considering the fear of missing out on BONK continues to grow, its price could breach $0.00010. Potentially making a high of $0.00035, the meme coin can transition to something more meaningful in the coming years.

However, if BONK cannot maintain its current growth rate, its price will likely average out at $0.000060. Conversely, if BONK fails to stay relevant in 2025, the price of BONK can plunge to $0.000015.

Price Prediction Potential Low ($) Average Price ($) Potential High ($
2025 $0.000015 $0.000060 $0.00035
BONK Price Prediction 2026 – 2030
Years Potential Low ($) Potential Average ($) Potential High ($)
2026 $0.000034 $0.000332 $0.00063
2027 $0.000062 $0.000451 $0.00084
2028 $0.000071 $0.0006355 $0.0012
2029 $0.000092 $0.001246 $0.0024
2030 $0.00013 $0.002565 $0.0050

BONK Crypto price prediction 2028:
BONK’s price for 2028 is anticipated to lie within the range of $0.000071 to $0.0012, with an average trading price of about $0.0006355.

BONK Coin price prediction 2029:
BONK’s price for 2029 is projected to vary from $0.000092 to $0.0024, with an average price of roughly $0.001246.

BONK price prediction 2030:
BONK’s price for 2030 is expected to fluctuate between $0.00013 to $0.0050, with an average trading price of over $0.002565.
#memecoins #binance #BONKUSDT

😱🚀🚀Renowned cryptocurrency educator Investor Ben sets annual price targets for ten crypto assets, including Bitcoin, Shiba Inu, Dogecoin, and Avalanche

Despite this major decline, market developments
remained optimistic that a major rally was on the horizon. Some predicted that the highly anticipated rally would reach its peak this year and eventually peak in 2025. Curiously, one of the market insiders who shared this sentiment was Investor Ben, a pseudonymous crypto educator and investor.

Yearly Price Target for Top 10 Cryptos
In a recent X post, Ben provided a curated list of the top ten cryptocurrencies and their potential targets for 2024. The list includes Bitcoin (BTC), Shiba Inu (#SHIB ), Dogecoin (#DOGE ), Ethereum (ETH), Solana (SOL), Avalanche (#AVAX ), Artificial Superintelligence Alliance (FET), Binance Coin (BNB), Toncoin (TON), and Cortex (CTXC).

For Bitcoin, Investor Ben projects that the premier crypto asset would surge between $80,000 and $100,000 this year. Bitcoin’s potential surge to $80,000 would require the asset to rally 29.67% from its current price of $61,692. The expert did not set any target for Ethereum, the second-biggest cryptocurrency by market cap.

Notably, the top investor expects Shiba Inu to trade at a price range of $0.05 to $0.09 this year. Hitting the minimum target of $0.05 set by Ben requires SHIB to soar by 338,653% from its current price of $0.00001476.

Other Predictions
As for Solana, Ben projects that SOL will trade between $600 and $1,000 this year. Furthermore, Ben expects DOGE, AVAX, FET, and BNB to trade within the price range of $0.67 to $1.45, $63, $3.47 to $5, and $1,000 to $1,500, respectively.

In addition, TON is expected to trade between $10 and $26 this year, while the forecasted price of CTXC is set at $0.64 to $1. Meanwhile, Ben did not highlight any factor that could propel these tokens for a jaw-dropping rally.
#altcoins

🐸🔥Book of Meme ($BOME ) Price Prediction 2026, 2030 🚀🚀

Book of Meme Price Forecast Long-Term Outlook – 2026-2030 Predictions
Over the long term, we expect $BOME to continue growing, but at a much more muted pace. The rapid growth expected in the crypto market—and especially the meme coin market—by late 2025 is unlikely to be sustainable. We predict meme coins like Book of Meme will continue to grow in 2026 and beyond, but more slowly and with more volatility.

In addition, it’s unclear whether Book of Meme has the same staying power as more popular meme coins like Dogecoin and Pepe. While BOME incorporates the meme, it is likely that as these memes age, more investors move into $PEPE than into BOME.

Because of this, we predict a relatively modest price of $0.113 for #BOME by the end of the decade. That’s a 1,137.53% gain from today’s price, but suggests far slower growth than the crypto market overall.

However, it’s worth noting that our prediction is on the bearish side. ARK Invest’s Cathie Wood predicted that the global crypto market cap will rocket to $25 trillion by 2030, up from $2.3 trillion today. That implies a much more aggressive growth in crypto adoption, which in turn would increase demand for meme coins like $BOME . To reflect this scenario, we predict a potential high price of $0.192 in 2030.

Here’s how our Book of Meme price forecast breaks down year-by-year:

2026: $0.0679
2027: $0.0792
2028: $0.0905
2029: $0.101
2030: $0.113

#memecoins #binance #BONKUSDT

😱🚀🚀Pay close attention to these 3 Altcoins, they may have big boom potential in the last months of 2024

#ATOM Set to Soar: Undervalued Gem in Crypto’s Next Bull Run
Cosmos ($ATOM ) stands out as a top pick for the next bull run. It focuses on making different blockchains talk to each other, solving one of crypto’s big problems. This technology helps create a more connected and efficient system, making ATOM unique. With a strong team and innovative tech, Cosmos could see major gains. As patterns from 2021 hint at an upcoming altcoin season, ATOM looks like a smart investment in the current market.

ADA Set to Soar: Repeating 2021’s Bull Run Patterns
Cardano (#ADA ) is a standout in the crypto world. It’s designed to be a secure and scalable platform for smart contracts. Its popularity surged in 2021 and patterns suggest a similar rise could be on the horizon. Even after recent market drops, $ADA ’s strong development team and continuous upgrades make it a solid contender. With its potential for fast, low-cost transactions and eco-friendly approach, ADA looks very attractive in the current market cycle. Expect significant gains as the market recovers.

Kaspa (#KAS ) Shines Bright As Altcoin Season Approaches
Kaspa (KAS) is a new and exciting digital coin making waves in the crypto space. Its unique technology allows for fast and secure transactions, catching the eye of many. With the market showing patterns similar to 2021’s bull run, KAS looks very attractive in the current cycle. As more investors seek out promising altcoins, Kaspa’s potential to rise seems more likely. Now might be the perfect time to explore what KAS offers.
#altcoins

😱🚀🚀Accelerate Your Portfolio: 3 Altcoins Ready for Big Profits

Polygon (#MATIC ) Bears in Control, Bulls Struggle to Break Through
Polygon ($MATIC ) is currently trading between $0.47 and $0.55, showing bearish trends. The price is below both its 10-day and 100-day moving averages, $0.49 and $0.51, with momentum indicators like the RSI at 37.21 and Stochastic at 16.96 pointing to weak buying interest. Bears have the upper hand as the price dropped 7.93% in a week and 14.70% in a month. Bulls need to break the $0.59 resistance level to spark a rally, potentially pushing price by around 24% to the next resistance at $0.67. For now, support is seen at $0.44, with a firmer floor at $0.36.

Injective (#INJ ) Faces Bearish Struggle but Eyes Potential Rebound
Injective ($INJ ) is currently priced between $22.21 and $26.89, showing bearish trends. Over the past week, INJ dropped by over 13%, and in the past month, it has fallen by 8%. Longer term, the coin has seen a 40% decline over six months. With an RSI of 34.74 and a Stochastic of 26.78, both indicators suggest that the coin is under heavy selling pressure. The nearest support level sits at $20.20, while resistance stands at $29.55. If bulls gain momentum, INJ could rise to the second resistance level of $34.23, marking over a 50% potential increase from its current price, offering a glimmer of hope for investors.

Kaspa (#KAS ) Struggles Below Key Levels, Potential Growth in Sight
Kaspa (KAS) is currently trading between $0.17 and $0.19, indicating a tight battle between bulls and bears. The nearest resistance is at $0.21 and support at $0.16. Despite recent sluggishness with a 44.62 RSI and a 35.07 Stochastic, KAS has shown significant long-term gains, rising almost 95 percent in six months. For potential growth, breaking past $0.21 could push it to $0.23, a move of about 21 percent from its current range. However, it needs to reclaim its 10-day simple moving average of $0.20 to show stronger momentum.
#altcoins

😱🚀🚀Unstoppable Rally: Altcoins Positioned for Massive Gains

Avalanche (#AVAX ) Struggles to Gain Momentum Amid Bearish Trends
Avalanche ($AVAX ) is struggling to break away from bearish trends with its current price stuck in the range of $23.82 to $31.49. The coin has faced a price dip of almost 13% in the past week and over 14% in the past month. With its Relative Strength Index (RSI) at 38, it signals weak buying pressure. The nearest support level sits at $22.22, while resistance waits at $35.55. For a potential bounce-back, AVAX needs to cross $35.55, pushing it towards the next resistance at $42.22, which would mean a rise of close to 50%.

Polkadot (DOT) Faces Bearish Trend Amid Price Struggles
Polkadot ($DOT ) is currently hovering between $5.00 and $6.29, reflecting bearish sentiment. The cryptocurrency has seen a 9.74% drop over the past week and an 18.01% decline in the past month. With the nearest support at $4.97 and resistance at $6.85, DOT needs to break above $6.85 to signal any bullish momentum. However, it’s still far from its second resistance of $7.79. Indicators like the Relative Strength Index (RSI) at 34.53 show it’s nearing oversold conditions, suggesting potential for a rebound. If DOT can overcome the resistance levels, it could rise by around 28% to reach $7.79. For now, bears seem to have the upper hand.

Stellar ($XLM ) Struggles Amid Market Pressures
Stellar (#XLM ) fluctuates between $0.0933 and $0.1051, mirroring a cautious market. Bulls seem weak with a recent price dip of over 5% for the week. However, the coin shows a 7% rise for the month, signaling potential recovery. The nearest resistance sits at $0.1097, and breaking through could push XLM toward its second resistance at $0.1173, a 16% hike from current levels. Yet, support levels at $0.0947 and $0.0871 loom, cautioning further dips. With an RSI of 37.13 and a MACD of -0.0013, both indicating weak bullish momentum, the outlook remains mixed for now.
#altcoins

😱🚀🚀Top 2 Altcoins Not Affected by Bitcoin Price Downtrend

Aave ($AAVE )
The AAVE price has remained bullish for over a couple of years, regardless of the short-term bearish actions. The bulls and the bears had a strong face-off, which was followed by a massive breakout, which has kept the price elevated since the start of the week. The prices have soared above average levels and are therefore believed to trigger a 20% upswing soon.

The #AAVE prices are trading within an ascending parallel channel and have risen above the average levels. While the RSI remains stuck above the ascending trend line and the MACD displays a swelling buying volume, prices are expected to remain inflated. With this, a rise to the upper resistance at $135 could be imminent in the next few days.

Mantra ($OM )
The Mantra price has been trading within an ascending parallel channel which is considered as bullish in the long term. The bears tried to drag the levels below the average levels but the bulls jumped in action and triggered a fine rebound. Currently, the price is facing some upward pressure, but after a brief consolidation, the OM price is primed to revamp a fine ascending trend.

The MACD shows a drop in the selling pressure, and the levels are preparing for a bullish crossover. Besides, the bulls are regaining their dominance as suggested by the Bull-Bear power which may validate a fine ascending trend. Therefore, the #OM price is expected to maintain a healthy upswing and reach the upper resistance of the channel at $.15, forming new highs.
#altcoins #binance

🤯🚀🚀Top 3 Altcoins with big breakout potential

#BitTorrent ($BTTC )
This project is a peer-to-peer (P2P) content distribution protocol launched in 2001 to enhance file download speeds. Unlike HTTP and FTP, BitTorrent enables simultaneous file downloads from multiple sources, making it faster and more efficient. Initially comprising 35% of internet traffic by 2005, its usage declined with faster internet speeds. Acquired by the Tron Foundation in 2019, BitTorrent introduced BTT cryptocurrency via ICO to expand its protocol and reward users. Today, BTT tokens support network incentives and ecosystem growth within the BitTorrent chain.

Fantom (#FTM )
As a robust smart contract platform renowned for its scalability and security, Fantom is a highly sought-after token in the DeFi sector. Built on an open-source network compatible with the Ethereum Virtual Machine, Fantom utilizes the Lachesis consensus mechanism to validate transactions efficiently. The $FTM token serves multiple functions, including rewarding validators, facilitating financial transactions, and granting governance rights within its ecosystem. Analysts remain optimistic, predicting a potential rise to $2 in the near term, making it an attractive investment opportunity for 2024.

Jupiter (#JUP )
Numerous exchanges have launched their crypto tokens to benefit and reward crypto traders. Jupiter ($JUP ) is a Solana-based decentralized aggregator that addresses liquidity fragmentation in DeFi. Despite a recent price decline of 28% in the last month, analysts favored Jupiter as a top cryptocurrency under $1, poised for potential gains. With increasing trading volume indicating strong market activity, experts anticipate a bullish trend towards resistance levels of $1.14 to $1.23, positioning Jupiter as a promising investment ahead of a potential bull run.
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