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Binance News
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BNB Surpasses 600 USDT with a Narrowed 0.15% Decrease in 24 Hours
On May 26, 2024, 22:15 PM(UTC). According to Binance Market Data, BNB has crossed the 600 USDT benchmark and is now trading at 600 USDT, with a narrowed 0.15% decrease in 24 hours.
Worth to read it! Do you think this is possible? 🧐$ETH #ETH🔥🔥🔥🔥
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Coinpedia
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Top Analyst Predicts Ethereum (ETH) Price to Skyrocket 92% in 16 Days, Here’s Why
The post Top Analyst Predicts Ethereum (ETH) Price to Skyrocket 92% in 16 Days, Here’s Why appeared first on Coinpedia Fintech News
The U.S. Securities and Exchange Commission (SEC) has approved eight spot Ethereum ETFs, sparking speculation and excitement within the crypto community. Drawing parallels to Bitcoin’s past performance, a prominent crypto analyst predicts a 92% surge in Ethereum’s price over the next 16 days from its current level of $3,632.
ETH Price To Surge By 92%
Following the approval, Ethereum’s price has shown both volatility and resilience dropping straight from $3880 to $3632, reflecting a 4.45% decrease in its price. However, the initial Ethereum market response may mirror Bitcoin’s past, with potential short-term drops followed by substantial gains
After the approval of the #BTC ETF on jan.10th it took 16 days and a 21% price drop before a 92% rally. Give the approval of the #ETH ETF some time#Bitcoin $ETH #crypto #cryptocurrency pic.twitter.com/9dfkuqvMWz
— Michiel de Ruyter (@Crypto_RuyterNL) May 24, 2024
On January 10th, the Bitcoin (BTC) ETF was approved, marking a significant milestone for the cryptocurrency market. However, the immediate aftermath wasn’t an instant surge. Instead, Bitcoin experienced a 21% price drop over the subsequent 16 days.
This initial decline was a precursor to a remarkable 92% rally, showcasing the market’s volatility and eventual growth potential.
Critical Demand Zone: $3,820 – $3,700
Ethereum’s price movements are under scrutiny, especially with the recent Ethereum ETF approval. Crypto analyst Ali Martinez has highlighted critical demand zones based on Input/output of Money Around Price (IOMAP) data, providing valuable insights into potential support levels for Ethereum amid increasing market volatility.
Based on the IOMAP, over 1.81 million addresses bought around 1.66 million $ETH between $3,820 and $3,700. This demand zone could keep #Ethereum’s price at bay amid increasing selling pressure. But if it fails to hold, the next key area of support is between $3,580 and $3,462,… pic.twitter.com/grSHL4w4Gj
— Ali (@ali_charts) May 24, 2024
Ali Martinez points out that, according to IOMAP data, over 1.81 million addresses purchased approximately 1.66 million ETH in the price range of $3,820 to $3,700. This significant support level, characterized by substantial buying activity, could act as a buffer against sharp declines.
Ethereum Price To Drop, If?
However, Martinez warns that if Ethereum’s price fails to hold above the $3,700 mark, the next crucial area of support lies between $3,580 and $3,462. In this zone, around 3.13 million addresses have acquired over 1.50 million ETH. This secondary support level is pivotal in preventing a more substantial downturn if the price continues to drop.
As of now, Ethereum is trading at $3,632.11, reflecting a 4.42% decline in the last 24 hours. Despite this drop, ETH trading volume has surged by 94%, bringing its market cap to $440 billion.
The U.S. Securities and Exchange Commission (SEC) has approved eight spot Ethereum ETFs, sparking speculation and excitement within the crypto community. Drawing parallels to Bitcoin’s past performance, a prominent crypto analyst predicts a 92% surge in Ethereum’s price over the next 16 days from its current level of $3,632.
ETH Price To Surge By 92%
Following the approval, Ethereum’s price has shown both volatility and resilience dropping straight from $3880 to $3632, reflecting a 4.45% decrease in its price. However, the initial Ethereum market response may mirror Bitcoin’s past, with potential short-term drops followed by substantial gains
After the approval of the #BTC ETF on jan.10th it took 16 days and a 21% price drop before a 92% rally. Give the approval of the #ETH ETF some time#Bitcoin $ETH #crypto #cryptocurrency pic.twitter.com/9dfkuqvMWz
— Michiel de Ruyter (@Crypto_RuyterNL) May 24, 2024
On January 10th, the Bitcoin (BTC) ETF was approved, marking a significant milestone for the cryptocurrency market. However, the immediate aftermath wasn’t an instant surge. Instead, Bitcoin experienced a 21% price drop over the subsequent 16 days.
This initial decline was a precursor to a remarkable 92% rally, showcasing the market’s volatility and eventual growth potential.
Critical Demand Zone: $3,820 – $3,700
Ethereum’s price movements are under scrutiny, especially with the recent Ethereum ETF approval. Crypto analyst Ali Martinez has highlighted critical demand zones based on Input/output of Money Around Price (IOMAP) data, providing valuable insights into potential support levels for Ethereum amid increasing market volatility.
Based on the IOMAP, over 1.81 million addresses bought around 1.66 million $ETH between $3,820 and $3,700. This demand zone could keep #Ethereum’s price at bay amid increasing selling pressure. But if it fails to hold, the next key area of support is between $3,580 and $3,462,… pic.twitter.com/grSHL4w4Gj
— Ali (@ali_charts) May 24, 2024
Ali Martinez points out that, according to IOMAP data, over 1.81 million addresses purchased approximately 1.66 million ETH in the price range of $3,820 to $3,700. This significant support level, characterized by substantial buying activity, could act as a buffer against sharp declines.
Ethereum Price To Drop, If?
However, Martinez warns that if Ethereum’s price fails to hold above the $3,700 mark, the next crucial area of support lies between $3,580 and $3,462. In this zone, around 3.13 million addresses have acquired over 1.50 million ETH. This secondary support level is pivotal in preventing a more substantial downturn if the price continues to drop.
As of now, Ethereum is trading at $3,632.11, reflecting a 4.42% decline in the last 24 hours. Despite this drop, ETH trading volume has surged by 94%, bringing its market cap to $440 billion.
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LIVEfuzail siddiqui
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$PEPE leading meme sector till now 📈
#PEPE #meme_coin #MemeWatch202450
#PEPE #meme_coin #MemeWatch202450
$PEPE
LIVEkoinmilyoner
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🚀🚀PEPE: 100% Gains in 30 Days, But Can Memecoin Stay Calm?🚀🚀
An infamous meme coin is on fire in the cryptocurrency world. PEPE, a token featuring the internet's favorite frog, has soared in recent weeks, leaving investors questioning whether this is a new age or a fad.
🚀PEPE Tears: New Highs, Whale Activity
PEPE has soared in the previous month, beating predictions and rewarding investors. The price soared over 100% in 30 days to a new record high. IntoTheBlock statistics showed that 97% of hodlers profited from this meteoric climb.
Pepe has grown 56% in the last week and 99% in the past month, reclaiming its position as the third-largest meme currency by market value from Dogwifhat (WIF).
Bullish momentum is unabated. The last 24 hours witnessed another 3.7% jump, pushing PEPE to its high. Financial and social media attention has followed this amazing result. The coin's social volume has increased, showing online talk and interest.
Crypto market cap around $2.5 trillion. TradingView chart
A whale, a major investor with purchasing power, has been stirring the pot. The blockchain analytics firm Lookonchain detected a whale withdrawing 500 billion PEPE from Binance, a prominent cryptocurrency exchange. Mass accumulation shows a whale-sized trust in PEPE's future.
Buy Frenzy or Overheated Engine?
The recent price gain and social media attention are great, but some experts advise caution. Looking at technical indicators might indicate an overheated market. Chaikin Money Flow (CMF), which monitors purchasing and selling pressure, has fallen.
PEPE's price may correct since the Money Flow Index (MFI) and Relative Strength Index (RSI) are both overbought.
Selling pressure complicates everything. As investors pile in, others may cash out on gains. Santiment, a crypto analytics platform, saw PEPE exchange outflow surge last week, suggesting purchasing pressure. They also saw a spike in exchange supply, indicating investors are selling at the high price.
#ETHETFsApproved #PEPE #altcoins #buythedip $PEPE
An infamous meme coin is on fire in the cryptocurrency world. PEPE, a token featuring the internet's favorite frog, has soared in recent weeks, leaving investors questioning whether this is a new age or a fad.
🚀PEPE Tears: New Highs, Whale Activity
PEPE has soared in the previous month, beating predictions and rewarding investors. The price soared over 100% in 30 days to a new record high. IntoTheBlock statistics showed that 97% of hodlers profited from this meteoric climb.
Pepe has grown 56% in the last week and 99% in the past month, reclaiming its position as the third-largest meme currency by market value from Dogwifhat (WIF).
Bullish momentum is unabated. The last 24 hours witnessed another 3.7% jump, pushing PEPE to its high. Financial and social media attention has followed this amazing result. The coin's social volume has increased, showing online talk and interest.
Crypto market cap around $2.5 trillion. TradingView chart
A whale, a major investor with purchasing power, has been stirring the pot. The blockchain analytics firm Lookonchain detected a whale withdrawing 500 billion PEPE from Binance, a prominent cryptocurrency exchange. Mass accumulation shows a whale-sized trust in PEPE's future.
Buy Frenzy or Overheated Engine?
The recent price gain and social media attention are great, but some experts advise caution. Looking at technical indicators might indicate an overheated market. Chaikin Money Flow (CMF), which monitors purchasing and selling pressure, has fallen.
PEPE's price may correct since the Money Flow Index (MFI) and Relative Strength Index (RSI) are both overbought.
Selling pressure complicates everything. As investors pile in, others may cash out on gains. Santiment, a crypto analytics platform, saw PEPE exchange outflow surge last week, suggesting purchasing pressure. They also saw a spike in exchange supply, indicating investors are selling at the high price.
#ETHETFsApproved #PEPE #altcoins #buythedip $PEPE
LIVECrypto Ahmet
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🔥💥Candidates to Be This Week's Best Altcoins: Notcoin (NOT) and BONK Price Prediction
#BONK Price Analysis
The price of Bonk has recently shown a significant rise, trying to overcome the nearby resistance levels. Despite this, the bears are actively trying to block further rises and are creating a strong resistance near the $0.000037 level. Currently, the price of Bonk is located at $ 0.000035, which reflects a decrease of 2.8% in the last 24 hours.
It seems that the $BONK /USDT trading pair will surpass the Fibonacci levels and reach the resistance of $ 0.000048. It is vital for the bears to maintain this level to maintain their control, as exceeding this level can signal a change in Sunday dominance. If successful, the price may rise to a new ATH next week
#Notcoin Price Analysis
The Decoin price fluctuates around the moving averages on the 15-minute price chart, reflecting the important struggle between buyers and sellers. Recently, the bears managed to send the price below the EMA trend lines. As of writing, the $NOT price is trading at $0.0051, having increased by more than 2.8% in the last 24 hours.
Sellers are trying to keep the price below the moving averages and Fib lines. If they are successful, the #NOT /USDT pair may fall to the base support level of $ 0.0046, which could possibly lead to aggressive purchases by buyers. a strong recovery from $0.0046 may prolong the horizontal movement.
To indicate a change in momentum, buyers need to overcome the decreasing resistance channel. Achieving this could trigger a rise to $0.0057 and potentially reach the main resistance of $0.0068.
#altcoins #binance
#BONK Price Analysis
The price of Bonk has recently shown a significant rise, trying to overcome the nearby resistance levels. Despite this, the bears are actively trying to block further rises and are creating a strong resistance near the $0.000037 level. Currently, the price of Bonk is located at $ 0.000035, which reflects a decrease of 2.8% in the last 24 hours.
It seems that the $BONK /USDT trading pair will surpass the Fibonacci levels and reach the resistance of $ 0.000048. It is vital for the bears to maintain this level to maintain their control, as exceeding this level can signal a change in Sunday dominance. If successful, the price may rise to a new ATH next week
#Notcoin Price Analysis
The Decoin price fluctuates around the moving averages on the 15-minute price chart, reflecting the important struggle between buyers and sellers. Recently, the bears managed to send the price below the EMA trend lines. As of writing, the $NOT price is trading at $0.0051, having increased by more than 2.8% in the last 24 hours.
Sellers are trying to keep the price below the moving averages and Fib lines. If they are successful, the #NOT /USDT pair may fall to the base support level of $ 0.0046, which could possibly lead to aggressive purchases by buyers. a strong recovery from $0.0046 may prolong the horizontal movement.
To indicate a change in momentum, buyers need to overcome the decreasing resistance channel. Achieving this could trigger a rise to $0.0057 and potentially reach the main resistance of $0.0068.
#altcoins #binance
🐸🐸🐸
LIVERonyZ
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New Milestone for $PEPE ! 🚀
Post $ETH ETFs nod, $PEPE hits a historic peak of $0.00001585!
That's a whopping 16% leap in just a day!
This upswing reflects a bullish trend in the memecoin sector, potentially signaling a broader market shift.
#PEPE #EthereumETFs #MemecoinWatch2024 #ETHETFsApproved #Binance
Post $ETH ETFs nod, $PEPE hits a historic peak of $0.00001585!
That's a whopping 16% leap in just a day!
This upswing reflects a bullish trend in the memecoin sector, potentially signaling a broader market shift.
#PEPE #EthereumETFs #MemecoinWatch2024 #ETHETFsApproved #Binance
👍
LIVECryptoNewsLand
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SEC Approves SPOT ETH ETF, Recognizing ETH As Commodity
SEC approves SPOT ETH ETF, classifying ETH as a commodity.
The approval marks a shift from the SEC’s previous stance.
Bipartisan Congressional efforts push for clear crypto regulation.
In a significant move, the Securities and Exchange Commission (SEC) approved the SPOT ETH ETF today, indicating that Ethereum (ETH) is viewed as a commodity rather than a security. This decision marks a notable shift from the SEC’s previous stance, which consistently classified ETH as a security.
The approval of the SPOT ETH ETF highlights a changing regulatory environment for cryptocurrencies. This move comes on the heels of a recent lawsuit against the SEC, where the classification of ETH was a central issue. The lawsuit argued that the SEC’s position was outdated and did not reflect the current understanding of ETH and its uses.
On today’s SEC ruling: While Consensys welcomes today’s decision to approve ETH Spot ETFs as a step in the right direction, this seemingly last minute approval is yet another example of the SEC’s troublesome ad hoc approach to digital assets. No other industry, market, or…
— Consensys (@Consensys) May 23, 2024
The decision to approve the ETF also reflects the efforts of a bipartisan Congressional push for clearer and more sensible regulation of cryptocurrencies. Lawmakers from both sides of the aisle have been advocating for regulations that provide clarity and foster innovation in the crypto space.
The bipartisan effort underscores a growing recognition of the importance of clear regulatory frameworks that can support the burgeoning cryptocurrency industry. The SEC’s approval of the SPOT ETH ETF is a step towards aligning regulatory perspectives with the evolving landscape of digital assets.
This development is likely to have significant implications for the cryptocurrency market, potentially paving the way for further acceptance and integration of digital assets into mainstream financial systems. As the regulatory environment continues to evolve, stakeholders in the crypto industry will be watching closely to see how these changes unfold and what they mean for the future of digital currencies.
Recommended News :
ETH Accused of Being Both a Commodity and Security
CFTC Chair Clashes With SEC Chair, Says Ethereum Is a Commodity
SEC Ditches ETH, Says Only BTC Is Commodity-Material
Gensler Supports CFTC as Bitcoin, Ethereum Regulator
SEC’s Chair Gary Gensler Opposes FIT21 Bill for Weakening Securities Laws
The post SEC Approves SPOT ETH ETF, Recognizing ETH as Commodity appeared first on Crypto News Land.
The approval marks a shift from the SEC’s previous stance.
Bipartisan Congressional efforts push for clear crypto regulation.
In a significant move, the Securities and Exchange Commission (SEC) approved the SPOT ETH ETF today, indicating that Ethereum (ETH) is viewed as a commodity rather than a security. This decision marks a notable shift from the SEC’s previous stance, which consistently classified ETH as a security.
The approval of the SPOT ETH ETF highlights a changing regulatory environment for cryptocurrencies. This move comes on the heels of a recent lawsuit against the SEC, where the classification of ETH was a central issue. The lawsuit argued that the SEC’s position was outdated and did not reflect the current understanding of ETH and its uses.
On today’s SEC ruling: While Consensys welcomes today’s decision to approve ETH Spot ETFs as a step in the right direction, this seemingly last minute approval is yet another example of the SEC’s troublesome ad hoc approach to digital assets. No other industry, market, or…
— Consensys (@Consensys) May 23, 2024
The decision to approve the ETF also reflects the efforts of a bipartisan Congressional push for clearer and more sensible regulation of cryptocurrencies. Lawmakers from both sides of the aisle have been advocating for regulations that provide clarity and foster innovation in the crypto space.
The bipartisan effort underscores a growing recognition of the importance of clear regulatory frameworks that can support the burgeoning cryptocurrency industry. The SEC’s approval of the SPOT ETH ETF is a step towards aligning regulatory perspectives with the evolving landscape of digital assets.
This development is likely to have significant implications for the cryptocurrency market, potentially paving the way for further acceptance and integration of digital assets into mainstream financial systems. As the regulatory environment continues to evolve, stakeholders in the crypto industry will be watching closely to see how these changes unfold and what they mean for the future of digital currencies.
Recommended News :
ETH Accused of Being Both a Commodity and Security
CFTC Chair Clashes With SEC Chair, Says Ethereum Is a Commodity
SEC Ditches ETH, Says Only BTC Is Commodity-Material
Gensler Supports CFTC as Bitcoin, Ethereum Regulator
SEC’s Chair Gary Gensler Opposes FIT21 Bill for Weakening Securities Laws
The post SEC Approves SPOT ETH ETF, Recognizing ETH as Commodity appeared first on Crypto News Land.
🧐
LIVECryptoPotato
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Will Crypto Markets March Higher When $1.4B Bitcoin Options Expire?
Crypto markets have largely held on to gains this week, buoyed by Ethereum and the US Securities and Exchange Commission’s approval of spot exchange-traded funds.
However, around $1.4 billion in notional value Bitcoin options contacts will expire on May 24.
The 21,000 contract expiry is a relatively small event compared to the month-end May 31 expiry which will see a whopping $4.3 billion worth of options expire, according to Deribit.
Bitcoin Options Expiry
The put/call ratio for this week’s Bitcoin options contracts is 0.88, which means that long and short-contract sellers are relatively evenly matched with slightly more calls expiring. The max pain point, or the price at which most option contract buyers lose their premium, is $67,000.
The longs are also dominating in open interest (OI) with around $830 million at the $70,000 strike price. Higher strike prices also have a lot of OI, with around $843 million at $100,000, according to Deribit.
The $60,000 strike price has the highest amount of OI for put contracts with $388 million. Open interest refers to the number or value of contracts that have yet to be settled, so the bulls expect much higher BTC prices.
Chart Bitcoin OI by expiry. Source: Deribit
In addition to today’s Bitcoin options there are around 354,000 Ethereum contracts expiring today. These have a notional value of $1.5 billion and a put/call ratio of 0.57 with more calls expiring than puts.
Derivatives traders have been speculating on ETH in the run-up to the long-awaited SEC deadline. There is around $515 million in OI at the $4,000 strike price as bulls expect more momentum.
“BTC pulled back as expected, compared to the very strong support for ETH’s price, with ETH’s current weekly weighted IV still exceeding 100%, while BTC’s current weekly IV is only 50%,” commented crypto derivatives software provider Greeks Live.
Crypto Market Impact
Almost $3 billion in BTC and ETH options will expire today, but the impact on spot markets is usually muted. Total capitalization has dropped 1.3% to $2.68 trillion, primarily due to a 2.3% dip in Bitcoin prices as the asset fell to $67,400 at the time of writing.
Ethereum faced tons of volatility ahead of yesterday’s decision but now stands calmly at $3,730.
The altcoins were a mixed bag with gains for Chainlink (LINK), PEPE, and Ethereum Classic (ETC), but losses for Solana (SOL), Dogecoin (DOGE), and Toncoin (TON).
The post Will Crypto Markets March Higher When $1.4B Bitcoin Options Expire? appeared first on CryptoPotato.
However, around $1.4 billion in notional value Bitcoin options contacts will expire on May 24.
The 21,000 contract expiry is a relatively small event compared to the month-end May 31 expiry which will see a whopping $4.3 billion worth of options expire, according to Deribit.
Bitcoin Options Expiry
The put/call ratio for this week’s Bitcoin options contracts is 0.88, which means that long and short-contract sellers are relatively evenly matched with slightly more calls expiring. The max pain point, or the price at which most option contract buyers lose their premium, is $67,000.
The longs are also dominating in open interest (OI) with around $830 million at the $70,000 strike price. Higher strike prices also have a lot of OI, with around $843 million at $100,000, according to Deribit.
The $60,000 strike price has the highest amount of OI for put contracts with $388 million. Open interest refers to the number or value of contracts that have yet to be settled, so the bulls expect much higher BTC prices.
Chart Bitcoin OI by expiry. Source: Deribit
In addition to today’s Bitcoin options there are around 354,000 Ethereum contracts expiring today. These have a notional value of $1.5 billion and a put/call ratio of 0.57 with more calls expiring than puts.
Derivatives traders have been speculating on ETH in the run-up to the long-awaited SEC deadline. There is around $515 million in OI at the $4,000 strike price as bulls expect more momentum.
“BTC pulled back as expected, compared to the very strong support for ETH’s price, with ETH’s current weekly weighted IV still exceeding 100%, while BTC’s current weekly IV is only 50%,” commented crypto derivatives software provider Greeks Live.
Crypto Market Impact
Almost $3 billion in BTC and ETH options will expire today, but the impact on spot markets is usually muted. Total capitalization has dropped 1.3% to $2.68 trillion, primarily due to a 2.3% dip in Bitcoin prices as the asset fell to $67,400 at the time of writing.
Ethereum faced tons of volatility ahead of yesterday’s decision but now stands calmly at $3,730.
The altcoins were a mixed bag with gains for Chainlink (LINK), PEPE, and Ethereum Classic (ETC), but losses for Solana (SOL), Dogecoin (DOGE), and Toncoin (TON).
The post Will Crypto Markets March Higher When $1.4B Bitcoin Options Expire? appeared first on CryptoPotato.
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LIVEParrot Bamboo
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Uniswap Foundation Moves Forward With Fee Change Despite SEC Wells Notice
The on-chain vote to implement this proposal will be published on Friday, May 31. UNI token holders who wish to participate in this voting must transfer their tokens before this date.
Equation Human Editor: Uniswap Foundation continues to move forward with fee conversion despite SEC Wells notice. On-chain voting to implement the proposal will take place next Friday (May 31). UNI token holders who wish to participate in this voting must transfer their tokens before this date.
#uniswap $UNI #sec
The on-chain vote to implement this proposal will be published on Friday, May 31. UNI token holders who wish to participate in this voting must transfer their tokens before this date.
Equation Human Editor: Uniswap Foundation continues to move forward with fee conversion despite SEC Wells notice. On-chain voting to implement the proposal will take place next Friday (May 31). UNI token holders who wish to participate in this voting must transfer their tokens before this date.
#uniswap $UNI #sec
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LIVECrypto Ahmet
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🐸🚀🚀Will Pepecoin (PEPE) Price Yield A 10x-15x Rally in 2024?
With a massive jump 65% jump this week, the #PEPE price action showcases increased momentum and buying pressure. Further, as the broader market recovers with Bitcoin near $69K and Ethereum ETFs approval, the bull run chances are improving for the meme coins.
With the increasing demand for cryptocurrencies, will the meme coins explode this year? Will the PEPE price yield a 10x to 15x Rally in 2024? Will it reach $1 in 2030? Find out more in our $PEPE price prediction.
PEPE Price Performance
With a rounding bottom breakout in the daily chart, the PEPE price has surpassed the $0.00001 psychological level. The neckline breakout prolongs the bullish trend continuation by 65% this week. This increases the market value of memecoin by 178% over the last 5 weeks.
On a longer picture, the memecoin has increased by almost 1300% in the last 14 weeks. This reflects a massive jump in the PEPE demand in the retail market. The 65% jump this week creates a bullish engulfing candle in the weekly chart.
The PEPE price is currently trading for $0.00001510, with an intraday growth of 6.82%, undermining the 5.26% drop last night.
Technical Indicators:
RSI: The daily RSI line sustained in the overbought zone, reflecting an overall demand increase.
Will PEPE Rally Jump 1000%?
In the daily chart, the bullish trend sustains above the 100% trend-based Fibonacci level at 0.000015. As the higher high trend continues, with the unleashed trend momentum after the rounding bottom breakout, the PEPE price is expected to surpass the $0.00002 mark.
Beyond this, the meme coin could head for the 2.618% trend-based Fibonacci level at 0.0000277.
In a longer time, with the upcoming bullish catalyst in the crypto market like the Uptober rally, the alt season, and potential rate cuts, the meme coin could surge even higher. Hence, the possibility of a 10x-15x rally in PEPE price is a feasible target for 2024 as the buying pressure grows.
#altcoins #memecoins #binance
With a massive jump 65% jump this week, the #PEPE price action showcases increased momentum and buying pressure. Further, as the broader market recovers with Bitcoin near $69K and Ethereum ETFs approval, the bull run chances are improving for the meme coins.
With the increasing demand for cryptocurrencies, will the meme coins explode this year? Will the PEPE price yield a 10x to 15x Rally in 2024? Will it reach $1 in 2030? Find out more in our $PEPE price prediction.
PEPE Price Performance
With a rounding bottom breakout in the daily chart, the PEPE price has surpassed the $0.00001 psychological level. The neckline breakout prolongs the bullish trend continuation by 65% this week. This increases the market value of memecoin by 178% over the last 5 weeks.
On a longer picture, the memecoin has increased by almost 1300% in the last 14 weeks. This reflects a massive jump in the PEPE demand in the retail market. The 65% jump this week creates a bullish engulfing candle in the weekly chart.
The PEPE price is currently trading for $0.00001510, with an intraday growth of 6.82%, undermining the 5.26% drop last night.
Technical Indicators:
RSI: The daily RSI line sustained in the overbought zone, reflecting an overall demand increase.
Will PEPE Rally Jump 1000%?
In the daily chart, the bullish trend sustains above the 100% trend-based Fibonacci level at 0.000015. As the higher high trend continues, with the unleashed trend momentum after the rounding bottom breakout, the PEPE price is expected to surpass the $0.00002 mark.
Beyond this, the meme coin could head for the 2.618% trend-based Fibonacci level at 0.0000277.
In a longer time, with the upcoming bullish catalyst in the crypto market like the Uptober rally, the alt season, and potential rate cuts, the meme coin could surge even higher. Hence, the possibility of a 10x-15x rally in PEPE price is a feasible target for 2024 as the buying pressure grows.
#altcoins #memecoins #binance
Please click on content link. Share to win is back!
#sharetowin
#sharetowin
LIVEBinance Square Official
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Share to Win is back with BIGGER rewards where verified users may participate to unlock over 100 USDT in rewards.
Activity Period: 2024-05-23 09:00 (UTC) to 2024-06-06 09:00 (UTC)
Activity 1: Share Binance Square Links With Your Referrals to Get up to 100 USDT in Crypto Red Packet
You and a friend can unlock up to 2USDT in red packet when your friend clicks into any Square content links that you share!
Enjoy BIGGER rewards when you send it to a friend new to Binance!
Activity 2: New Users Exclusive - Sign up With Binance & Complete Tasks to Earn extra up to 5.5 USDT in Rewards
1. Open any ten unique Binance Square links while being logged in to your Binance account.
2. Complete a trade of at least $100 equivalent on Spot, Futures, Margin, Options, or Convert.
This Activity may not be available in your region.
The rewards for both Activities are distributed on a first come, first-served basis, with limited redemptions available.
Activity Period: 2024-05-23 09:00 (UTC) to 2024-06-06 09:00 (UTC)
Activity 1: Share Binance Square Links With Your Referrals to Get up to 100 USDT in Crypto Red Packet
You and a friend can unlock up to 2USDT in red packet when your friend clicks into any Square content links that you share!
Enjoy BIGGER rewards when you send it to a friend new to Binance!
Activity 2: New Users Exclusive - Sign up With Binance & Complete Tasks to Earn extra up to 5.5 USDT in Rewards
1. Open any ten unique Binance Square links while being logged in to your Binance account.
2. Complete a trade of at least $100 equivalent on Spot, Futures, Margin, Options, or Convert.
This Activity may not be available in your region.
The rewards for both Activities are distributed on a first come, first-served basis, with limited redemptions available.
LIVEMarket Crasher
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Heart Touching Story ♥️
I invested my daughter 3 months savings ( Eidi + Birth Gift Money) in PEOPLE and Alhamdulilah I bought her Baby Pram with her own earning. The coins shows growth of 100% in 24 days and thats my WOW moment.
I invested my daughter 3 months savings ( Eidi + Birth Gift Money) in PEOPLE and Alhamdulilah I bought her Baby Pram with her own earning. The coins shows growth of 100% in 24 days and thats my WOW moment.
This Pepe 🐸 looking simpatic 😉
LIVECryptoniteuae
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A lucky $PEPE investor turned $460 into a massive $3.4 million! They bought 324.9 billion PEPE tokens in April 2023 and recently cashed out entirely on Binance. This incredible gain coincides with a PEPE price surge and a broader crypto market rally fueled by ETF speculation. The investor, known for chasing memecoin trends, has profited before with PEPE and likely other memecoins. This story highlights the potential windfalls (and risks) of memecoin investments.
#ETHETFS #PEPE #memecoins #cryptoniteuae
#ETHETFS #PEPE #memecoins #cryptoniteuae
I want to see some memes from meme coins 😁 Let’s celebrate #memecoin🚀🚀🚀!!
LIVESIMONHIGHLIGHTS
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Рост
Why Elon Musk interested in Meme Coins Like Doge ?
I have Invested $100 in Bitcoin & $100 in Meme coin. I was Just Shocked 😳 When Got $113 From Bitcoin After Little Pump But $146 from Meme Coin.so $100 Dollar investment In Meme coin can Make You rich 🤑
Recently I have Earned $20000 Dollars From One Trade 🔥🐳
Explaining How You Can Earn Just By trading Meme Coin 😎
At the beginning i haven’t crypto Currency’s But Only A $100 dollars Being a teenager
My Portfolio has these Memes Coin 💼 must be in yours 👊🔥
(1)$SHIB
1. Key details about project;
Shiba Inu was introduced with a branding that positioned it as a potential 'Dogecoin competitor'
2. Latest price trends;:
SHIB is $0.0000257 with 1.27% 7D Growth
3. Potential price forecasts.:
Investors can expect SHIB to rally 25% and tag the $0.0000315 resistance level.
(2) $PEPE
1. Key details about project;
The PEPE coin is a meme coin built upon the legacy of Pepe the Frog, a popular internet character.
2. Latest price trends;:
PEPE is $0.000013
27% 7DGrowth
3. Potential price forecasts.:
Pepe almost just Hit its all time high. Some expectations shows it will rise till Nov2024
(3) $DOGE
1. Key details about project;
It is considered both the first "meme coin", and more specifically the first "dog coin"
2. Latest price trends;: $0.167102 with 6% 7D growth
3. Potential price forecasts.:
Can break $0.22 All time high
(4) $BONK
1. Key details about project; (BONK) is a digital asset with the market capitalization of $1.6B. Bonk is ranged as 64 in the global cryptocurrency rating with an average daily trading volume of $291.6M.
2. Latest price trends;: $ 0.000033 with 32% 7D growth
3. Potential price forecasts.:
Expectations at $0.00004
(5) $BOME
1. Key details about project; A meme coin on Solana network, BOOK OF MEME (BOME) is an experimental project poised to redefine Web3 culture by amalgamating memes
2. Latest price trends;: $0.013419 with 6.9% 7D
3. Potential price forecasts.:
Bome has energy to beat 🐶 DOGE coin& Break $0.23
Follow me For Proper growth
#MemeWatch2024
I have Invested $100 in Bitcoin & $100 in Meme coin. I was Just Shocked 😳 When Got $113 From Bitcoin After Little Pump But $146 from Meme Coin.so $100 Dollar investment In Meme coin can Make You rich 🤑
Recently I have Earned $20000 Dollars From One Trade 🔥🐳
Explaining How You Can Earn Just By trading Meme Coin 😎
At the beginning i haven’t crypto Currency’s But Only A $100 dollars Being a teenager
My Portfolio has these Memes Coin 💼 must be in yours 👊🔥
(1)$SHIB
1. Key details about project;
Shiba Inu was introduced with a branding that positioned it as a potential 'Dogecoin competitor'
2. Latest price trends;:
SHIB is $0.0000257 with 1.27% 7D Growth
3. Potential price forecasts.:
Investors can expect SHIB to rally 25% and tag the $0.0000315 resistance level.
(2) $PEPE
1. Key details about project;
The PEPE coin is a meme coin built upon the legacy of Pepe the Frog, a popular internet character.
2. Latest price trends;:
PEPE is $0.000013
27% 7DGrowth
3. Potential price forecasts.:
Pepe almost just Hit its all time high. Some expectations shows it will rise till Nov2024
(3) $DOGE
1. Key details about project;
It is considered both the first "meme coin", and more specifically the first "dog coin"
2. Latest price trends;: $0.167102 with 6% 7D growth
3. Potential price forecasts.:
Can break $0.22 All time high
(4) $BONK
1. Key details about project; (BONK) is a digital asset with the market capitalization of $1.6B. Bonk is ranged as 64 in the global cryptocurrency rating with an average daily trading volume of $291.6M.
2. Latest price trends;: $ 0.000033 with 32% 7D growth
3. Potential price forecasts.:
Expectations at $0.00004
(5) $BOME
1. Key details about project; A meme coin on Solana network, BOOK OF MEME (BOME) is an experimental project poised to redefine Web3 culture by amalgamating memes
2. Latest price trends;: $0.013419 with 6.9% 7D
3. Potential price forecasts.:
Bome has energy to beat 🐶 DOGE coin& Break $0.23
Follow me For Proper growth
#MemeWatch2024
🐸❤️
LIVECrypto Web3 Today
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Рост
Pepe Price Prediction: Is PEPE The Next Dogecoin In 2024?
Pepe price prediction: PEPE, an Ethereum-based meme coin, has seen a notable surge in price, hitting an all-time high following a significant increase in market activity. Over the past 24 hours, Pepe price has risen by 24.65%, reaching $0.00001383. This increase has propelled its market cap to $5.82 billion, placing it at rank #21 among cryptocurrencies. Investors seem to have turned to PEPE, while divesting from older meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).
The trading volume in the last 24 hours has also shown a substantial jump, climbing 89.75% to $4.43 billion, which accounts for 76.14% of its market cap. The circulating supply remains at 420.69 trillion PEPE, which is the total and maximum supply of the memecoin.
Pepe Price Prediction: What's Next for the Popular Memecoin?
The meme coin Pepe has experienced a notable upward trend this week, reaching new highs driven by strong bullish momentum. Increased trading activity has shown robust market confidence in Pepe's continued growth.
Over the past week, Pepe coin surged by over 21%, with a monthly increase exceeding 119%.
Technical Indicators Show Bullish Momentum.
The current bullish trend has propelled Pepe coin past the $0.000015 resistance level, hinting at a potential upward trajectory. If the bullish momentum continues, Pepe could aim for targets of $0.00003 and even $0.00005.
However, if bearish forces regain control, Pepe might drop to support levels at $0.000013 or lower to $0.000012. These potential shifts highlight the market's volatility and the opportunities within Pepe's price movements.
The 24-hour technical indicators for PEPE/USD on the chart reveal a bullish signal. The Awesome Oscillator (AO) currently reads 0.000002674, indicating bullish momentum as it shows green bars in recent sessions.
The Moving Average Convergence Divergence (MACD) indicator reveals a positive trend, with the MACD line (blue) staying above the signal line at 0.00000903, indicating potential upward movement.
#MemeWatch2024
Pepe price prediction: PEPE, an Ethereum-based meme coin, has seen a notable surge in price, hitting an all-time high following a significant increase in market activity. Over the past 24 hours, Pepe price has risen by 24.65%, reaching $0.00001383. This increase has propelled its market cap to $5.82 billion, placing it at rank #21 among cryptocurrencies. Investors seem to have turned to PEPE, while divesting from older meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).
The trading volume in the last 24 hours has also shown a substantial jump, climbing 89.75% to $4.43 billion, which accounts for 76.14% of its market cap. The circulating supply remains at 420.69 trillion PEPE, which is the total and maximum supply of the memecoin.
Pepe Price Prediction: What's Next for the Popular Memecoin?
The meme coin Pepe has experienced a notable upward trend this week, reaching new highs driven by strong bullish momentum. Increased trading activity has shown robust market confidence in Pepe's continued growth.
Over the past week, Pepe coin surged by over 21%, with a monthly increase exceeding 119%.
Technical Indicators Show Bullish Momentum.
The current bullish trend has propelled Pepe coin past the $0.000015 resistance level, hinting at a potential upward trajectory. If the bullish momentum continues, Pepe could aim for targets of $0.00003 and even $0.00005.
However, if bearish forces regain control, Pepe might drop to support levels at $0.000013 or lower to $0.000012. These potential shifts highlight the market's volatility and the opportunities within Pepe's price movements.
The 24-hour technical indicators for PEPE/USD on the chart reveal a bullish signal. The Awesome Oscillator (AO) currently reads 0.000002674, indicating bullish momentum as it shows green bars in recent sessions.
The Moving Average Convergence Divergence (MACD) indicator reveals a positive trend, with the MACD line (blue) staying above the signal line at 0.00000903, indicating potential upward movement.
#MemeWatch2024
#PEPE 🐸
LIVESatoshiSwiss
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Based on my previous market updates and significant investment in $PEPE the following should be clear:
When you see such price action (PA) on a coin that has consistently been the top performer with the most promising chart over a high time frame (HTF), you should confidently open a long position immediately, even when facing pullbacks. If you have been keeping up with my market insights and trading discussions, you cannot afford to miss such an opportunity.
Here are the key developments to consider:
- Breaking through all-time highs (ATHs)
- Securing a daily close above these levels
- Conducting a perfect retest
- Consolidating for several hours above this level
- Experiencing subsequent growth
- Showing strength despite Bitcoin's downturn
- Establishing a bullish market structure after expansion
- Overall positive sentiment in meme coins (supporting narrative)
These factors combined highlight why this opportunity was seized with great confidence.
When you see such price action (PA) on a coin that has consistently been the top performer with the most promising chart over a high time frame (HTF), you should confidently open a long position immediately, even when facing pullbacks. If you have been keeping up with my market insights and trading discussions, you cannot afford to miss such an opportunity.
Here are the key developments to consider:
- Breaking through all-time highs (ATHs)
- Securing a daily close above these levels
- Conducting a perfect retest
- Consolidating for several hours above this level
- Experiencing subsequent growth
- Showing strength despite Bitcoin's downturn
- Establishing a bullish market structure after expansion
- Overall positive sentiment in meme coins (supporting narrative)
These factors combined highlight why this opportunity was seized with great confidence.
LIVECrypto_Newss
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PEPE Price Update: 30% Surge in 24 Hours! 🚀
$PEPE has seen a significant increase in the last 24 hours, rising from $0.00000948 to $0.00001227! 📈 However, this rapid growth may be followed by a correction. Investors may take profits at this point, causing the price to drop. 🤔
Some predict that if $PEPE reaches $0.000015, it will trigger a sell-off, leading to a price decrease. 📉 Stay tuned for further updates on $PEPE's price movement!
#PEPE #Binance #Cryptocurrency"
$PEPE has seen a significant increase in the last 24 hours, rising from $0.00000948 to $0.00001227! 📈 However, this rapid growth may be followed by a correction. Investors may take profits at this point, causing the price to drop. 🤔
Some predict that if $PEPE reaches $0.000015, it will trigger a sell-off, leading to a price decrease. 📉 Stay tuned for further updates on $PEPE's price movement!
#PEPE #Binance #Cryptocurrency"
