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#MATIC #bitcoinhalving #cpi #BullorBear #Memecoins
MATIC Price Prediction April 2024
With a bearish reversal from the long-coming support trendline, the MATIC price fails to sustain above $1. As the Polygon token’s market price drops under the psychological mark of $1, the downtrend gains momentum.
With multiple bearish weekly candles, the downfall accounts for a 38% drop in five weeks. Currently, the altcoin trades at $0.7674, with a 12% drop last night. Further, the altcoin loses the dynamic support of the 200D EMA, warning a death cross.
In the weekly chart, the lower high formation continues for Polygon and warns of a drop to $0.50, if the market fails to recover. However, a bullish recovery with Bitcoin Halving can boost the market price back above $1. This could revive the possibility of a new uptrend and a bullish breakout of the long-coming support trendline.
MATIC Price Prediction
Potential Low $0.50
Average Price $0.75
Potential High $1
NB:April 2024
SOURCE:COINPEDIA
MATIC Price Prediction April 2024
With a bearish reversal from the long-coming support trendline, the MATIC price fails to sustain above $1. As the Polygon token’s market price drops under the psychological mark of $1, the downtrend gains momentum.
With multiple bearish weekly candles, the downfall accounts for a 38% drop in five weeks. Currently, the altcoin trades at $0.7674, with a 12% drop last night. Further, the altcoin loses the dynamic support of the 200D EMA, warning a death cross.
In the weekly chart, the lower high formation continues for Polygon and warns of a drop to $0.50, if the market fails to recover. However, a bullish recovery with Bitcoin Halving can boost the market price back above $1. This could revive the possibility of a new uptrend and a bullish breakout of the long-coming support trendline.
MATIC Price Prediction
Potential Low $0.50
Average Price $0.75
Potential High $1
NB:April 2024
SOURCE:COINPEDIA
This week significant market drop saw Bitcoin dipped to $58,400,including the top 5 memecoins by market cap ie $DOGE
$SHIB
$PEPE
$WIF
$FLOKI All down around 5%.Although the market was down the top 5 memecoins saw a significant bounce with crypto whale purchasing $4.5m of $WIF .All this memecoins saw a positive news amid the drop which gives enough confidence to meet enthusiasts.
#DOGE #CryptoPCEWatch #CryptoTradingGuide #MtGoxJulyRepayments #PEPE
$SHIB
$PEPE
$WIF
$FLOKI All down around 5%.Although the market was down the top 5 memecoins saw a significant bounce with crypto whale purchasing $4.5m of $WIF .All this memecoins saw a positive news amid the drop which gives enough confidence to meet enthusiasts.
#DOGE #CryptoPCEWatch #CryptoTradingGuide #MtGoxJulyRepayments #PEPE
#DOGE #Shibainu
Dogecoin (DOGE) is a novelty cryptocurrency originally launched as a “memecoin” within the cryptocurrency community. Over time, however, Dogecoin has grown into a large blockchain network and is one of the most popular altcoins available in the market.
There is also a serious basis and reason for the creation and development of Dogecoin. Co-founders, Jackson Palmer and Billy Markus, two software engineers by professional background and experience, wanted to make cryptocurrency accessible to individuals outside of Bitcoin.
It was expressed by the founders that the oversaturation and difficulty in mining Bitcoin from the time of its creation to the start of Dogecoin, made it difficult for the common person to participate in the mining process. This was because of limited resources as well as technological experience. Dogecoin was envisioned as an entry for the less experienced to become involved in the crypto industry.
The launch of Bitcoin in 2009 catalyzed the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. Dogecoin, however, offers no specific use cases — DOGE was a collaborative effort by the crypto community and is now listed on most major exchange platforms.
Dogecoin was originally based on Litecoin and was launched in 2013. Primarily designed to provide a light-hearted means of communicating the basic function of cryptocurrency to mainstream audiences, Dogecoin is based on the “Doge” Shiba Inu meme. DOGE price is updated and available in real time on Binance.
$DOGE $BNB $SOL $ETH
#BNB #BTC #DOGE
Dogecoin (DOGE) is a novelty cryptocurrency originally launched as a “memecoin” within the cryptocurrency community. Over time, however, Dogecoin has grown into a large blockchain network and is one of the most popular altcoins available in the market.
There is also a serious basis and reason for the creation and development of Dogecoin. Co-founders, Jackson Palmer and Billy Markus, two software engineers by professional background and experience, wanted to make cryptocurrency accessible to individuals outside of Bitcoin.
It was expressed by the founders that the oversaturation and difficulty in mining Bitcoin from the time of its creation to the start of Dogecoin, made it difficult for the common person to participate in the mining process. This was because of limited resources as well as technological experience. Dogecoin was envisioned as an entry for the less experienced to become involved in the crypto industry.
The launch of Bitcoin in 2009 catalyzed the creation and launch of many different cryptocurrencies, each offering different use cases and functionality. Dogecoin, however, offers no specific use cases — DOGE was a collaborative effort by the crypto community and is now listed on most major exchange platforms.
Dogecoin was originally based on Litecoin and was launched in 2013. Primarily designed to provide a light-hearted means of communicating the basic function of cryptocurrency to mainstream audiences, Dogecoin is based on the “Doge” Shiba Inu meme. DOGE price is updated and available in real time on Binance.
$DOGE $BNB $SOL $ETH
#BNB #BTC #DOGE
#pepe⚡ #mememcoinseason2024 #BinanceTournament #altcoins
Pepe is a meme coin based on a cartoon character “Pepe the Frog”. Please note that the token has no utility and it is created by an anonymous team.
$PEPE $BNB $ETH
Pepe is a meme coin based on a cartoon character “Pepe the Frog”. Please note that the token has no utility and it is created by an anonymous team.
$PEPE $BNB $ETH
JPMorgan’s Concerns Over Bitcoin ETFs
JPMorgan has highlighted that much of the $25 billion reported inflows into Bitcoin ETFs since their January debut may not represent new investments. Instead, they argue that a large portion of this amount is simply a rotation from existing cryptocurrency wallets. The banking giant estimates that the real net inflows are closer to $12 billion, challenging the bullish narrative of significant institutional demand.
#BTC #ETH #BNB #IO #BinanceTournament $BTC $BNB $ETH
JPMorgan has highlighted that much of the $25 billion reported inflows into Bitcoin ETFs since their January debut may not represent new investments. Instead, they argue that a large portion of this amount is simply a rotation from existing cryptocurrency wallets. The banking giant estimates that the real net inflows are closer to $12 billion, challenging the bullish narrative of significant institutional demand.
#BTC #ETH #BNB #IO #BinanceTournament $BTC $BNB $ETH
ETF Inflow in 24hours
The Bitcoin ETFs total market cap is $80.71B and its 24-hour volume is $1.95B. In contrast, Ethereum-based ETFs have not seen the same level of interest, with a total market cap of $279.92 million and a 24-hour volume of $10.74 million.
$SOL $BTC $ETH #CPIAlert #BTCFOMCWatch #ETHETFsApproved #BTC #BNB
The Bitcoin ETFs total market cap is $80.71B and its 24-hour volume is $1.95B. In contrast, Ethereum-based ETFs have not seen the same level of interest, with a total market cap of $279.92 million and a 24-hour volume of $10.74 million.
$SOL $BTC $ETH #CPIAlert #BTCFOMCWatch #ETHETFsApproved #BTC #BNB
JP Morgan’s warning brings a critical perspective to the current Bitcoin ETF market, suggesting caution amid what might appear to be booming demand. However, contrasting expert views highlight the complexity of these financial instruments, leaving room for continued debate and observation in the evolving cryptocurrency landscape.
#btc #bnb #IO #BTCFOMCWatch #ETHETFsApproved $BTC $BNB $SOL
#btc #bnb #IO #BTCFOMCWatch #ETHETFsApproved $BTC $BNB $SOL
$BTC $IO #IOprediction #bitcoin
Bitcoin dipped as much as 5% on Tuesday before recovering back above the support at $67,000. Federal Reserve Chairman Jerome Powell gives his customary speech on Wednesday after the FOMC meeting. Will he be dovish and add fuel to a potential bounce, or will sticky inflation incline him to be more hawkish and thereby suppress risk assets?
Powell’s Speech
At 2pm ET, Federal Reserve Chairman Jerome Powell will go to the lectern once more to deliver his customary speech at the end of the Federal Open Markets Committee (FOMC) meeting.
The usual game will be played whereby market participants will analyse everything that Powell says, how he says it, and any nuances thereof. The direction and flow of billions, if not trillions of dollars will depend on this speech.
ALSO,
Which coin do you think its going to explode this month?
$IO
Bitcoin dipped as much as 5% on Tuesday before recovering back above the support at $67,000. Federal Reserve Chairman Jerome Powell gives his customary speech on Wednesday after the FOMC meeting. Will he be dovish and add fuel to a potential bounce, or will sticky inflation incline him to be more hawkish and thereby suppress risk assets?
Powell’s Speech
At 2pm ET, Federal Reserve Chairman Jerome Powell will go to the lectern once more to deliver his customary speech at the end of the Federal Open Markets Committee (FOMC) meeting.
The usual game will be played whereby market participants will analyse everything that Powell says, how he says it, and any nuances thereof. The direction and flow of billions, if not trillions of dollars will depend on this speech.
ALSO,
Which coin do you think its going to explode this month?
$IO