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I'm a crypto enthusiast and blogger! Sharing insights on blockchain tech and digital assets. #Crypto #Blockchain
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$XRP / $BTC : Navigating the Fibonacci Web – Key Levels to Watch for Bullish and Bearish Moves Possible Scenarios for XRP/ $BTC Pair Bullish Scenario: The price finds support at the 23.6% or 38.2% levels and rebounds from there.The 50% and 61.8% levels should be monitored as significant resistance levels for the continuation of the upward trend.If the price surpasses these levels, the bullish trend may continue. Bearish Scenario: If the price breaks through the 38.2% or 50% levels and continues its downward movement, the 61.8% and 78.6% levels are potential support points.A sustained break below the 61.8% level could indicate a stronger bearish trend.
$XRP / $BTC : Navigating the Fibonacci Web – Key Levels to Watch for Bullish and Bearish Moves

Possible Scenarios for XRP/ $BTC Pair

Bullish Scenario:
The price finds support at the 23.6% or 38.2% levels and rebounds from there.The 50% and 61.8% levels should be monitored as significant resistance levels for the continuation of the upward trend.If the price surpasses these levels, the bullish trend may continue.

Bearish Scenario:
If the price breaks through the 38.2% or 50% levels and continues its downward movement, the 61.8% and 78.6% levels are potential support points.A sustained break below the 61.8% level could indicate a stronger bearish trend.
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ETH Long Strategy Seizing Opportunities Amidst Correction - Best Entry Points Revealed! Riding the ETH Wave: Strategic Long Entries Unveiled!" 1st Entry: Targeting 2800-2900k amidst previous monthly lows for solid support. 2nd Entry: Eyeing 2200k for optimal positioning during the correction phase. As ETH maintains its bullish trajectory overall, now's the time to capitalize on these corrections for favorable long positions.
ETH Long Strategy Seizing Opportunities Amidst Correction - Best Entry Points Revealed!

Riding the ETH Wave: Strategic Long Entries Unveiled!"
1st Entry: Targeting 2800-2900k amidst previous monthly lows for solid support.

2nd Entry: Eyeing 2200k for optimal positioning during the correction phase.

As ETH maintains its bullish trajectory overall, now's the time to capitalize on these corrections for favorable long positions.
$ICP The Next Ethereum? This Shocking Chart Comparison Will Blow Your Mind! Chart Pattern Similarity: The chart highlights a significant similarity between ICP's current price movements and Ethereum's price movements in 2016.Both charts exhibit a similar uptrend followed by a consolidation phase, indicating that ICP might be following a historical pattern. Potential for Growth: If ICP continues to follow Ethereum's 2016 trajectory, it could be poised for substantial growth.Ethereum saw significant gains following its 2016 consolidation phase, leading to the massive bull run in subsequent years. If ICP mirrors this, investors could see substantial returns. Market Sentiment: The comparison could fuel bullish sentiment among investors, drawing parallels to Ethereum's success story.However, it's crucial to remember that past performance is not indicative of future results, and market conditions differ significantly from 2016. Fundamental Differences: Despite the price pattern similarity, ICP and Ethereum have different fundamentals, use cases, and technological foundations.Investors should consider these differences and not base their decisions solely on historical price patterns.
$ICP The Next Ethereum? This Shocking Chart Comparison Will Blow Your Mind!

Chart Pattern Similarity:

The chart highlights a significant similarity between ICP's current price movements and Ethereum's price movements in 2016.Both charts exhibit a similar uptrend followed by a consolidation phase, indicating that ICP might be following a historical pattern.
Potential for Growth:

If ICP continues to follow Ethereum's 2016 trajectory, it could be poised for substantial growth.Ethereum saw significant gains following its 2016 consolidation phase, leading to the massive bull run in subsequent years. If ICP mirrors this, investors could see substantial returns.
Market Sentiment:

The comparison could fuel bullish sentiment among investors, drawing parallels to Ethereum's success story.However, it's crucial to remember that past performance is not indicative of future results, and market conditions differ significantly from 2016.

Fundamental Differences:
Despite the price pattern similarity, ICP and Ethereum have different fundamentals, use cases, and technological foundations.Investors should consider these differences and not base their decisions solely on historical price patterns.
Crypto Market Crash: Bitcoin, Ethereum, and Ripple Plunge Losing Key Support Levels Bitcoin ( BTC ) Current Price: Below $54,000Key Support Level: $54,000Market Impact: Significant decline leading the market correction.Ethereum (ETH):Current Price: Below $3,000Key Support Level: $3,000Market Impact: Lost gains ahead of the anticipated approval of the Spot Ether ETF.Ripple (XRP):Current Price: $0.38Key Support Level: Not specified, but at the lowest level in fifteen months.Market Impact: Steep decline affecting overall market sentiment.Market Capitalization:Total Market Cap: $2.121 trillionChange: Decreased by nearly 6%Summary: The cryptocurrency market experienced a steep correction on Friday, with major cryptocurrencies like Bitcoin, Ethereum, and Ripple losing key support levels and extending their declines. Bitcoin dropped below the $54,000 mark, Ethereum fell under $3,000, and Ripple hit its lowest level in fifteen months at $0.38. This decline led to a 6% reduction in the overall market capitalization, which now stands at $2.121 trillion. The losses erased recent gains made by these cryptocurrencies in 2024, impacting investor sentiment and market stability.
Crypto Market Crash: Bitcoin, Ethereum, and Ripple Plunge Losing Key Support Levels

Bitcoin ( BTC ) Current Price: Below $54,000Key Support Level: $54,000Market Impact: Significant decline leading the market correction.Ethereum (ETH):Current Price: Below $3,000Key Support Level: $3,000Market Impact: Lost gains ahead of the anticipated approval of the Spot Ether ETF.Ripple (XRP):Current Price: $0.38Key Support Level: Not specified, but at the lowest level in fifteen months.Market Impact: Steep decline affecting overall market sentiment.Market Capitalization:Total Market Cap: $2.121 trillionChange: Decreased by nearly 6%Summary:

The cryptocurrency market experienced a steep correction on Friday, with major cryptocurrencies like Bitcoin, Ethereum, and Ripple losing key support levels and extending their declines. Bitcoin dropped below the $54,000 mark, Ethereum fell under $3,000, and Ripple hit its lowest level in fifteen months at $0.38. This decline led to a 6% reduction in the overall market capitalization, which now stands at $2.121 trillion. The losses erased recent gains made by these cryptocurrencies in 2024, impacting investor sentiment and market stability.
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Shocking Rally Alert: $PEPE ( PEPE USD ) Set to Skyrocket with New Bullish Pattern! $PEPE ( $PEPE USD) is exhibiting strong price action as it forms a Channel Up pattern. Breaking below the 1D MA100 (green trend-line) today for the first time since February 24, 2024, signals the formation of a new bottom (Higher Low) within the Channel Up. Previous Bearish Legs within the pattern emerged through Channel Down formations (dotted lines), followed by Bullish Legs through Channel Up formations (dashed lines). A break above the 1D MA50 (blue trend-line) will confirm the start of the new Bullish Leg. The 1D RSI is already hinting at a potential early buy signal. If the next rebound sees consecutive 1D candles trading sideways, it will present an early buying opportunity. The ultimate support level remains the 1D MA200 (orange trend-line). The last Higher High formed just below the 2.0 Fibonacci extension from the Low, setting our new target at 0.00002500 (just below Fib 2.0). {future}(1000PEPEUSDT)
Shocking Rally Alert: $PEPE ( PEPE USD ) Set to Skyrocket with New Bullish Pattern!

$PEPE ( $PEPE USD) is exhibiting strong price action as it forms a Channel Up pattern. Breaking below the 1D MA100 (green trend-line) today for the first time since February 24, 2024, signals the formation of a new bottom (Higher Low) within the Channel Up.
Previous Bearish Legs within the pattern emerged through Channel Down formations (dotted lines), followed by Bullish Legs through Channel Up formations (dashed lines). A break above the 1D MA50 (blue trend-line) will confirm the start of the new Bullish Leg.
The 1D RSI is already hinting at a potential early buy signal. If the next rebound sees consecutive 1D candles trading sideways, it will present an early buying opportunity. The ultimate support level remains the 1D MA200 (orange trend-line).
The last Higher High formed just below the 2.0 Fibonacci extension from the Low, setting our new target at 0.00002500 (just below Fib 2.0).
Get Ready for a Massive Surge! $PEPE Cryptocurrency Predicted to Hit New All-Time High by August 22,Exciting news for PEPE investors! Analysts are predicting that the PEPE cryptocurrency is on the verge of a significant price surge, potentially reaching a new all-time high by August 22, 2024. If you've been following $PEPE's performance, you know this digital asset has had its fair share of ups and downs, but the upcoming months could bring the biggest gains yet. Why the Optimism? The optimism stems from a detailed analysis of PEPE 's historical price patterns. The chart analysis reveals that $PEPE is about to enter its third major wave of price increases. This projection is based on the currency's previous performance, which has shown remarkable growth during similar phases. The Third Pump Wave On the chart, you'll notice a prominent purple box. This box represents a linear projection of PEPE 's previous performance, suggesting that we're about to witness the third significant pump wave. If the patterns hold true, $PEPE's price could skyrocket, offering substantial returns for those who invest now. What Does This Mean for Investors? For current $PEPE holders, this prediction is a beacon of hope. It might be the perfect time to hold onto your assets and watch their value increase. For potential investors, this could be an excellent opportunity to buy into $PEPE before the anticipated surge. Timing is Key Mark your calendars for August 22, 2024. If the analysis is accurate, this date could see $PEPE hitting unprecedented highs. The window to invest might be closing soon, so acting quickly could be crucial to maximizing your gains.

Get Ready for a Massive Surge! $PEPE Cryptocurrency Predicted to Hit New All-Time High by August 22,

Exciting news for PEPE investors! Analysts are predicting that the PEPE cryptocurrency is on the verge of a significant price surge, potentially reaching a new all-time high by August 22, 2024. If you've been following $PEPE's performance, you know this digital asset has had its fair share of ups and downs, but the upcoming months could bring the biggest gains yet.
Why the Optimism?
The optimism stems from a detailed analysis of PEPE 's historical price patterns. The chart analysis reveals that $PEPE is about to enter its third major wave of price increases. This projection is based on the currency's previous performance, which has shown remarkable growth during similar phases.
The Third Pump Wave
On the chart, you'll notice a prominent purple box. This box represents a linear projection of PEPE 's previous performance, suggesting that we're about to witness the third significant pump wave. If the patterns hold true, $PEPE's price could skyrocket, offering substantial returns for those who invest now.
What Does This Mean for Investors?
For current $PEPE holders, this prediction is a beacon of hope. It might be the perfect time to hold onto your assets and watch their value increase. For potential investors, this could be an excellent opportunity to buy into $PEPE before the anticipated surge.
Timing is Key
Mark your calendars for August 22, 2024. If the analysis is accurate, this date could see $PEPE hitting unprecedented highs. The window to invest might be closing soon, so acting quickly could be crucial to maximizing your gains.
Ethereum ETFs Could Drive $15 Billion in Flows by 2025, Predicts Bitwise CIO Amid Rising Bullish Sentiment Ethereum ETFs could potentially attract up to $15 billion in net flows by 2025, as stated by Bitwise CIO. The low outflows in Ethereum Foundation wallets suggest that the bull cycle has not yet reached its peak. Ethereum traders are gradually becoming more bullish again, following a slight increase in the ETH Taker Buyer Ratio. Ethereum (ETH) saw an increase of over 3% on Tuesday, following predictions of ETH ETF inflows from Bitwise and VanEck filing a draft that would allow their ETF to begin trading immediately if approved by the Securities & Exchange Commission (SEC). In a recent analysis, Bitwise CIO Matt Hougan predicted that spot Ethereum ETFs could attract a net flow of $15 billion in their first 18 months. Hougan arrived at the $15 billion figure by comparing Ethereum's market cap to Bitcoin, Grayscale's Ethereum Trust conversion, the international crypto ETP market, and Bitcoin's "carry trade."
Ethereum ETFs Could Drive $15 Billion in Flows by 2025, Predicts Bitwise CIO Amid Rising Bullish Sentiment

Ethereum ETFs could potentially attract up to $15 billion in net flows by 2025, as stated by Bitwise CIO. The low outflows in Ethereum Foundation wallets suggest that the bull cycle has not yet reached its peak. Ethereum traders are gradually becoming more bullish again, following a slight increase in the ETH Taker Buyer Ratio. Ethereum (ETH) saw an increase of over 3% on Tuesday, following predictions of ETH ETF inflows from Bitwise and VanEck filing a draft that would allow their ETF to begin trading immediately if approved by the Securities & Exchange Commission (SEC).
In a recent analysis, Bitwise CIO Matt Hougan predicted that spot Ethereum ETFs could attract a net flow of $15 billion in their first 18 months.
Hougan arrived at the $15 billion figure by comparing Ethereum's market cap to Bitcoin, Grayscale's Ethereum Trust conversion, the international crypto ETP market, and Bitcoin's "carry trade."
Solana's New Tools Will Make You Rethink Everything You Know About CryptoSolana's latest leap in crypto innovation comes in the form of its groundbreaking introduction of shareable links through Actions and Blinks. This revolutionary move aims to redefine the user experience within the crypto sphere, making transactions seamless and accessible across the web. By unveiling Solana Actions and Blockchain links (Blinks), Solana Foundation is charting a new course for crypto adoption. These tools are not merely additions to the ecosystem; they represent a paradigm shift towards effortless integration of blockchain transactions into everyday online activities. Solana Actions empower users to initiate on-chain transactions from any corner of the internet. Whether it's a website or a social media platform, users can now seamlessly execute blockchain transactions without being confined to Solana's native environment. This capability extends to the realm of scannable QR codes, further enhancing accessibility and convenience. On the other hand, Blinks, short for Blockchain links, serve as gateways to converting on-chain actions into shareable URLs. These links transcend platform boundaries, allowing users to engage in blockchain transactions wherever a URL can be shared. This versatility enables transactions even within the confines of social media apps like X, as demonstrated by Phantom's integration. The underlying philosophy behind these innovations is clear: to democratize access to blockchain technology by meeting users where they are. Solana's Head of Engineering, Jon Wong, succinctly articulates this vision, emphasizing the importance of reaching users on their favorite apps and websites. The market response to these tools has been immediate and significant, with SOL experiencing a surge of approximately 7.6% in the past 24 hours. While past examples like the integration of TON with Telegram offer promising parallels, the impact of Actions and Links on SOL's price remains to be fully realized. Nonetheless, the stage is set for a potential rally as broader integration across blockchain networks historically correlates with heightened token value. In essence, Solana's shareable links mark a pivotal moment in crypto evolution, propelling the industry towards greater accessibility, usability, and ultimately, mainstream adoption.

Solana's New Tools Will Make You Rethink Everything You Know About Crypto

Solana's latest leap in crypto innovation comes in the form of its groundbreaking introduction of shareable links through Actions and Blinks. This revolutionary move aims to redefine the user experience within the crypto sphere, making transactions seamless and accessible across the web.
By unveiling Solana Actions and Blockchain links (Blinks), Solana Foundation is charting a new course for crypto adoption. These tools are not merely additions to the ecosystem; they represent a paradigm shift towards effortless integration of blockchain transactions into everyday online activities.
Solana Actions empower users to initiate on-chain transactions from any corner of the internet. Whether it's a website or a social media platform, users can now seamlessly execute blockchain transactions without being confined to Solana's native environment. This capability extends to the realm of scannable QR codes, further enhancing accessibility and convenience.
On the other hand, Blinks, short for Blockchain links, serve as gateways to converting on-chain actions into shareable URLs. These links transcend platform boundaries, allowing users to engage in blockchain transactions wherever a URL can be shared. This versatility enables transactions even within the confines of social media apps like X, as demonstrated by Phantom's integration.
The underlying philosophy behind these innovations is clear: to democratize access to blockchain technology by meeting users where they are. Solana's Head of Engineering, Jon Wong, succinctly articulates this vision, emphasizing the importance of reaching users on their favorite apps and websites.
The market response to these tools has been immediate and significant, with SOL experiencing a surge of approximately 7.6% in the past 24 hours. While past examples like the integration of TON with Telegram offer promising parallels, the impact of Actions and Links on SOL's price remains to be fully realized. Nonetheless, the stage is set for a potential rally as broader integration across blockchain networks historically correlates with heightened token value.
In essence, Solana's shareable links mark a pivotal moment in crypto evolution, propelling the industry towards greater accessibility, usability, and ultimately, mainstream adoption.
The Best Cryptocurrencies to Buy in 2024: A Comprehensive GuideAs the cryptocurrency market evolves, choosing the right assets for investment becomes increasingly crucial. Here are some of the top cryptocurrencies to consider for long-term investment in 2024, based on current trends and expert analysis. 1. **Bitcoin ( $BTC )** Bitcoin remains the most valuable and widely recognized cryptocurrency. Known for its decentralized nature and capped supply of 21 million coins, Bitcoin is often referred to as digital gold. Its store of value, security, and growing adoption make it a solid investment for those looking to hold long-term. 2. **Ethereum ( $ETH )** Ethereum is not just a cryptocurrency but a platform for decentralized applications (dApps) and smart contracts. The Ethereum 2.0 upgrade, transitioning from Proof of Work (PoW) to Proof of Stake (PoS), promises to enhance scalability and reduce energy consumption, further solidifying its position as a leading blockchain technology. 3. **Cardano ( $ADA )** Cardano is known for its scientific approach to blockchain development and its strong focus on security and scalability. With its Alonzo upgrade, Cardano now supports smart contracts, making it a strong contender in the DeFi and dApp space. Its methodical development process suggests sustainable growth potential. 4. **Polygon ( MATIC )** Polygon provides Layer 2 scaling solutions for Ethereum, addressing its scalability issues. By using sidechains, Polygon offers faster and cheaper transactions, making it a favorite among DeFi projects. Its continued development and partnerships with major companies indicate robust long-term prospects. 5. **Polkadot ( DOT )** Polkadot aims to enable different blockchains to interoperate seamlessly. Its unique parachain architecture enhances scalability and flexibility, allowing for customized blockchain environments. Polkadot's focus on interoperability and its vibrant ecosystem make it a promising investment. 6. **Uniswap ( UNI )** Uniswap is a leading decentralized exchange (DEX) that uses an automated market maker (AMM) model. It allows for seamless token swaps and has a strong presence in the DeFi sector. The continuous development and integration of Layer 2 solutions make Uniswap a solid long-term bet Additional Considerations - **Investing in Hardware Wallets**: For secure storage of cryptocurrencies, hardware wallets like Trezor Model One and CoolWallet S offer robust security features. These wallets protect against hacks and provide safe storage for a wide range of cryptocurrencies. - **Crypto Arbitrage Opportunities**: Tools like Bitsgap and Coinrule offer automated trading strategies that can capitalize on price discrepancies across exchanges, providing additional avenues for profit in the volatile crypto market In conclusion, while investing in cryptocurrencies can be highly rewarding, it also comes with risks. It is essential to conduct thorough research, stay informed about market trends, and consider diversifying your portfolio to mitigate potential losses.

The Best Cryptocurrencies to Buy in 2024: A Comprehensive Guide

As the cryptocurrency market evolves, choosing the right assets for investment becomes increasingly crucial. Here are some of the top cryptocurrencies to consider for long-term investment in 2024, based on current trends and expert analysis.
1. **Bitcoin ( $BTC )**
Bitcoin remains the most valuable and widely recognized cryptocurrency. Known for its decentralized nature and capped supply of 21 million coins, Bitcoin is often referred to as digital gold. Its store of value, security, and growing adoption make it a solid investment for those looking to hold long-term.
2. **Ethereum ( $ETH )**
Ethereum is not just a cryptocurrency but a platform for decentralized applications (dApps) and smart contracts. The Ethereum 2.0 upgrade, transitioning from Proof of Work (PoW) to Proof of Stake (PoS), promises to enhance scalability and reduce energy consumption, further solidifying its position as a leading blockchain technology.
3. **Cardano ( $ADA )**
Cardano is known for its scientific approach to blockchain development and its strong focus on security and scalability. With its Alonzo upgrade, Cardano now supports smart contracts, making it a strong contender in the DeFi and dApp space. Its methodical development process suggests sustainable growth potential.
4. **Polygon ( MATIC )**
Polygon provides Layer 2 scaling solutions for Ethereum, addressing its scalability issues. By using sidechains, Polygon offers faster and cheaper transactions, making it a favorite among DeFi projects. Its continued development and partnerships with major companies indicate robust long-term prospects.
5. **Polkadot ( DOT )**
Polkadot aims to enable different blockchains to interoperate seamlessly. Its unique parachain architecture enhances scalability and flexibility, allowing for customized blockchain environments. Polkadot's focus on interoperability and its vibrant ecosystem make it a promising investment.
6. **Uniswap ( UNI )**
Uniswap is a leading decentralized exchange (DEX) that uses an automated market maker (AMM) model. It allows for seamless token swaps and has a strong presence in the DeFi sector. The continuous development and integration of Layer 2 solutions make Uniswap a solid long-term bet
Additional Considerations
- **Investing in Hardware Wallets**: For secure storage of cryptocurrencies, hardware wallets like Trezor Model One and CoolWallet S offer robust security features. These wallets protect against hacks and provide safe storage for a wide range of cryptocurrencies.
- **Crypto Arbitrage Opportunities**: Tools like Bitsgap and Coinrule offer automated trading strategies that can capitalize on price discrepancies across exchanges, providing additional avenues for profit in the volatile crypto market
In conclusion, while investing in cryptocurrencies can be highly rewarding, it also comes with risks. It is essential to conduct thorough research, stay informed about market trends, and consider diversifying your portfolio to mitigate potential losses.
Bitcoin Crashes 4% – Will the Key 60K Support Hold or Trigger a Massive Sell-Off? $BTC Bitcoin's recent 4% drop marks a significant turning point in terms of market sentiment and technical indicators. The 60K support level stands out as both a psychological barrier and a crucial technical threshold. A break below this level could trigger a move towards stronger support levels such as the 200-day moving average and the May low. From a technical perspective, daily indicators are currently in oversold territory, suggesting the possibility of a short-term rebound or at least consolidation. However, any upward movements are expected to remain below the thick daily cloud at 64214, indicating that bears are still in control. In terms of market sentiment, Bitcoin's performance at the 60K level will significantly impact investor perceptions of future price movements. If this support level is broken, it is likely that panic selling will ensue, accelerating the decline. Conversely, holding above 60K could help restore confidence and potentially trigger a recovery wave. Overall, Bitcoin's struggle at the 60K level represents a decisive moment, with both technical and psychological factors coming into play. The market's response to this level will be a critical factor in determining the direction of the cryptocurrency in the coming weeks.
Bitcoin Crashes 4% – Will the Key 60K Support Hold or Trigger a Massive Sell-Off? $BTC

Bitcoin's recent 4% drop marks a significant turning point in terms of market sentiment and technical indicators. The 60K support level stands out as both a psychological barrier and a crucial technical threshold. A break below this level could trigger a move towards stronger support levels such as the 200-day moving average and the May low.

From a technical perspective, daily indicators are currently in oversold territory, suggesting the possibility of a short-term rebound or at least consolidation. However, any upward movements are expected to remain below the thick daily cloud at 64214, indicating that bears are still in control.

In terms of market sentiment, Bitcoin's performance at the 60K level will significantly impact investor perceptions of future price movements. If this support level is broken, it is likely that panic selling will ensue, accelerating the decline. Conversely, holding above 60K could help restore confidence and potentially trigger a recovery wave.
Overall, Bitcoin's struggle at the 60K level represents a decisive moment, with both technical and psychological factors coming into play. The market's response to this level will be a critical factor in determining the direction of the cryptocurrency in the coming weeks.
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$BTC / USD Outlook Bitcoin Testing Psychological 60K Support After 4% Drop on Monday $BTC / $USDC Bitcoin experienced a significant 4% decline early on Monday during US trading, marking its largest single-day loss since April 30. This fresh downward momentum is challenging the psychological 60K support level, which is also close to the 76.4% Fibonacci retracement of the 56427 to 71929 rally. Extended daily indicators suggest that bears might encounter increased resistance as they approach the 60K pivot. Any upward movements are expected to remain below the base of the thick daily cloud at 64214, maintaining bearish pressure and potentially offering better selling opportunities. A sustained break below the 60K zone could pave the way for a test of the 200-day moving average (57331) and the crucial support level at 56427, which is the low from May 1. Resistance Levels:* 62349; 63235; 64214; 64815 Support Levels:* 60085; 60000; 58608; 57331
$BTC / USD Outlook Bitcoin Testing Psychological 60K Support After 4% Drop on Monday

$BTC / $USDC
Bitcoin experienced a significant 4% decline early on Monday during US trading, marking its largest single-day loss since April 30.

This fresh downward momentum is challenging the psychological 60K support level, which is also close to the 76.4% Fibonacci retracement of the 56427 to 71929 rally.

Extended daily indicators suggest that bears might encounter increased resistance as they approach the 60K pivot. Any upward movements are expected to remain below the base of the thick daily cloud at 64214, maintaining bearish pressure and potentially offering better selling opportunities.

A sustained break below the 60K zone could pave the way for a test of the 200-day moving average (57331) and the crucial support level at 56427, which is the low from May 1.

Resistance Levels:* 62349; 63235; 64214; 64815
Support Levels:* 60085; 60000; 58608; 57331
Seven Altcoins Down Over 40% from All-Time Highs: Potential for Recovery with New Developments. The seven altcoins mentioned in the article from FXStreet that are down over 40% from their all-time highs are: Binance Coin ( $BNB ) Cardano ADA Solana ( $SOL $XRP Dogecoin $DOGE Shiba Inu SHIB Internet Computer (ICP) These altcoins have experienced significant price drops but are anticipated to recover due to recent developments and the general positive sentiment in the cryptocurrency market​ (BeInCrypto)​​ (Gfinity Esports)​.. The cryptocurrency market has seen significant volatility recently, causing many altcoins to drop over 40% from their all-time highs. Despite these losses, new technological advancements and strategic partnerships suggest a potential for recovery in several altcoins. Here’s a closer look at seven altcoins showing promise: #BinanceTournament Major Losses in the Altcoin Market The recent downturn in the cryptocurrency market has hit altcoins hard, with many experiencing substantial losses. While this has caused concern among investors, the market's history shows that recovery is possible. ## Factors Driving Potential Recovery Technological advancements, strategic partnerships, and expanding use cases are key factors contributing to the optimism surrounding these altcoins. Additionally, a general recovery trend in the broader cryptocurrency market indicates a potential rebound.
Seven Altcoins Down Over 40% from All-Time Highs: Potential for Recovery with New Developments.

The seven altcoins mentioned in the article from FXStreet that are down over 40% from their all-time highs are:
Binance Coin ( $BNB )
Cardano ADA
Solana ( $SOL
$XRP
Dogecoin $DOGE
Shiba Inu SHIB
Internet Computer (ICP)
These altcoins have experienced significant price drops but are anticipated to recover due to recent developments and the general positive sentiment in the cryptocurrency market​ (BeInCrypto)​​ (Gfinity Esports)​..

The cryptocurrency market has seen significant volatility recently, causing many altcoins to drop over 40% from their all-time highs. Despite these losses, new technological advancements and strategic partnerships suggest a potential for recovery in several altcoins. Here’s a closer look at seven altcoins showing promise:
#BinanceTournament Major Losses in the Altcoin Market
The recent downturn in the cryptocurrency market has hit altcoins hard, with many experiencing substantial losses. While this has caused concern among investors, the market's history shows that recovery is possible.
## Factors Driving Potential Recovery
Technological advancements, strategic partnerships, and expanding use cases are key factors contributing to the optimism surrounding these altcoins. Additionally, a general recovery trend in the broader cryptocurrency market indicates a potential rebound.
Ethereum Holders Keep Accumulating Ether Ahead of ETF and New Yield Opportunities#Ethereum holders are steadily accumulating Ether in anticipation of new yield opportunities and upcoming ETFs, according to data from IntoTheBlock. In contrast, Bitcoin long-term holders are shedding their holdings, indicating a divergence in strategy between the two largest cryptocurrencies. Diverging Trends in Bitcoin and Ethereum Holdings Recent data highlights a significant trend: while Bitcoin ( $BTC ) long-term holders are offloading their assets, Ethereum ( $ETH ) holders are continuing to accumulate. This behavior suggests that Ethereum investors are optimistic about future yield prospects and the potential impact of upcoming ETFs. Over the past week, both BTC and ETH have seen a near 2% decline in value on Binance. The Driving Forces Behind Ethereum Accumulation Several factors are influencing Ethereum holders to retain and accumulate more Ether. Foremost among these are new yield opportunities and the impending launch of Ethereum ETFs. These developments are fostering a positive outlook among Ethereum investors, prompting them to hold onto their assets despite market fluctuations. Market Capitalization Trends The overall cryptocurrency market capitalization has shown resilience, recovering from recent dips. This recovery is partially driven by Ethereum holders who are not selling their assets, contrasting sharply with Bitcoin holders who are taking profits. Analysis from IntoTheBlock IntoTheBlock, a crypto intelligence tracker, provides valuable insights into the behaviors of long-term holders of Bitcoin and Ethereum. The data illustrates a clear divergence: Bitcoin holders are liquidating their positions to realize profits, while Ethereum holders are steadfast, positioning themselves for future gains linked to yield opportunities and ETFs. In summary, Ethereum holders' accumulation of Ether, driven by expectations of new yield opportunities and ETFs, marks a strategic divergence from Bitcoin holders, who are currently more focused on profit-taking. This trend underscores the differing approaches and outlooks within the cryptocurrency investment community. #MarketAnalysis #Binance

Ethereum Holders Keep Accumulating Ether Ahead of ETF and New Yield Opportunities

#Ethereum holders are steadily accumulating Ether in anticipation of new yield opportunities and upcoming ETFs, according to data from IntoTheBlock. In contrast, Bitcoin long-term holders are shedding their holdings, indicating a divergence in strategy between the two largest cryptocurrencies.
Diverging Trends in Bitcoin and Ethereum Holdings
Recent data highlights a significant trend: while Bitcoin ( $BTC ) long-term holders are offloading their assets, Ethereum ( $ETH ) holders are continuing to accumulate. This behavior suggests that Ethereum investors are optimistic about future yield prospects and the potential impact of upcoming ETFs. Over the past week, both BTC and ETH have seen a near 2% decline in value on Binance.
The Driving Forces Behind Ethereum Accumulation
Several factors are influencing Ethereum holders to retain and accumulate more Ether. Foremost among these are new yield opportunities and the impending launch of Ethereum ETFs. These developments are fostering a positive outlook among Ethereum investors, prompting them to hold onto their assets despite market fluctuations.
Market Capitalization Trends
The overall cryptocurrency market capitalization has shown resilience, recovering from recent dips. This recovery is partially driven by Ethereum holders who are not selling their assets, contrasting sharply with Bitcoin holders who are taking profits.
Analysis from IntoTheBlock
IntoTheBlock, a crypto intelligence tracker, provides valuable insights into the behaviors of long-term holders of Bitcoin and Ethereum. The data illustrates a clear divergence: Bitcoin holders are liquidating their positions to realize profits, while Ethereum holders are steadfast, positioning themselves for future gains linked to yield opportunities and ETFs.
In summary, Ethereum holders' accumulation of Ether, driven by expectations of new yield opportunities and ETFs, marks a strategic divergence from Bitcoin holders, who are currently more focused on profit-taking. This trend underscores the differing approaches and outlooks within the cryptocurrency investment community.
#MarketAnalysis #Binance
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Good morning, best traders in the world! $ETH Analysis According to the chart, ETHUSD is currently in a consolidation zone, meaning the price is stuck within a specific range. This indicates that a significant move could occur upon a breakout. If it falls below the support level, a downtrend may begin; if it breaks the resistance level, an uptrend could start. It's crucial for traders to monitor these breakouts closely and adjust their positions accordingly. Technical analysis tools and risk management strategies play a critical role here. #ETHUSD #cryptocurrency #investment #trendanalysis #cryptoalerts
Good morning, best traders in the world!

$ETH Analysis

According to the chart, ETHUSD is currently in a consolidation zone, meaning the price is stuck within a specific range. This indicates that a significant move could occur upon a breakout. If it falls below the support level, a downtrend may begin; if it breaks the resistance level, an uptrend could start. It's crucial for traders to monitor these breakouts closely and adjust their positions accordingly. Technical analysis tools and risk management strategies play a critical role here.
#ETHUSD #cryptocurrency #investment #trendanalysis #cryptoalerts
Dogecoin Ready for a 250% Surge: Last Chance to Buy Before the Moonshot!The #analysis indicates that #DOGE coin ( #Doge USD) broke out of a symmetrical triangle formation five months ago, signaling a significant bullish trend. Key support and resistance levels are identified at $0.125 and $0.359, suggesting strong potential for a major price increase. The long-term perspective remains positive, but it is recommended to focus on long-term charts to avoid short-term volatility. Chart Description: #Dogecoin Price Analysis: Last Buy Before 250% #pump Key Elements Symmetrical Triangle Breakout: Highlighted breakout point indicating a bullish trend. Support and Resistance Levels: Clear lines at $0.125 (support) and $0.359 (resistance). Price Movement: Upward trend line showing potential price surge. Annotations: Text boxes marking key points, such as "Breakout Point, Support, Resistance," and "250% Surge Expected. {future}(DOGEUSDT)

Dogecoin Ready for a 250% Surge: Last Chance to Buy Before the Moonshot!

The #analysis indicates that #DOGE coin ( #Doge USD) broke out of a symmetrical triangle formation five months ago, signaling a significant bullish trend. Key support and resistance levels are identified at $0.125 and $0.359, suggesting strong potential for a major price increase. The long-term perspective remains positive, but it is recommended to focus on long-term charts to avoid short-term volatility.
Chart Description:
#Dogecoin Price Analysis: Last Buy Before 250% #pump
Key Elements
Symmetrical Triangle Breakout: Highlighted breakout point indicating a bullish trend.
Support and Resistance Levels: Clear lines at $0.125 (support) and $0.359 (resistance).
Price Movement: Upward trend line showing potential price surge.
Annotations: Text boxes marking key points, such as "Breakout Point, Support, Resistance," and "250% Surge Expected.
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Analysis of $PEPE Cryptocurrency The analysis predicts that the $PEPE cryptocurrency will reach a new all-time high by August 22, 2024. The chart anticipates a third wave of price increase, based on previous performance. The purple box on the chart represents a linear projection of this previous performance, suggesting this upcoming Third Pump wave. Key points include Linear Projections: Price and date predictions have been calculated using linear mathematics. Risk Reminder: It's crucial to remember that these projections are not investment advice, and making investment decisions based solely on them can be riskyks of such projections, investors can make more informed decisions, balancing optimism with prudent risk management. In the analysis, the $PEPE cryptocurrency is expected to reach a new all-time high by August 22, 2024. The chart predicts a third wave of price increase based on previous performance. Price and date forecasts have been calculated using linear mathematics. However, it's important to remember that these predictions are not investment advice and relying on them for investment decisions can be risky. #PEPE #Crypto #Trading #MarketAnalysis #Investment
Analysis of $PEPE Cryptocurrency

The analysis predicts that the $PEPE cryptocurrency will reach a new all-time high by August 22, 2024. The chart anticipates a third wave of price increase, based on previous performance. The purple box on the chart represents a linear projection of this previous performance, suggesting this upcoming Third Pump wave.
Key points include

Linear Projections: Price and date predictions have been calculated using linear mathematics.
Risk Reminder: It's crucial to remember that these projections are not investment advice, and making investment decisions based solely on them can be riskyks of such projections, investors can make more informed decisions, balancing optimism with prudent risk management.
In the analysis, the $PEPE cryptocurrency is expected to reach a new all-time high by August 22, 2024. The chart predicts a third wave of price increase based on previous performance. Price and date forecasts have been calculated using linear mathematics. However, it's important to remember that these predictions are not investment advice and relying on them for investment decisions can be risky.

#PEPE #Crypto #Trading #MarketAnalysis #Investment
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$1INCH (1INCH) Price Analysis: Downward Correction Likely $1INCH (1INCH) faces significant resistance, indicating a potential for further downward correction. Here are the key points from the analysis: 1. Rejection by 200-day EMA - The 1inch price was rejected at the 200-day Exponential Moving Average (EMA) of $0.443 on Thursday. - This level also coincides with a daily resistance level of $0.446, reinforcing its significance as a resistance point. 2. Price Movement - Following the rejection, the price of 1inch retraced by 3%, trading around $0.415 during the European session on Friday. - The inability to break past the 200-day EMA suggests weakness in the upward momentum. 3. On-chain Data - There is a reported decline in development activity for 1inch. - Decreased development activity often correlates with negative investor sentiment, potentially leading to reduced confidence and selling pressure. 4. Invalidation of Bearish Thesis - A daily candlestick close above $0.464 would invalidate the bearish outlook, suggesting a potential reversal and upward movement. The rejection at the 200-day EMA, combined with declining development activity and negative sentiment, indicates that 1inch is poised for a further downward correction. Traders and investors should watch the $0.446 resistance level closely. If 1inch fails to break this level, further declines are likely. Conversely, a close above $0.464 could shift the sentiment to bullish, suggesting a possible upward trend.
$1INCH
(1INCH) Price Analysis: Downward Correction Likely

$1INCH (1INCH) faces significant resistance, indicating a potential for further downward correction. Here are the key points from the analysis:

1. Rejection by 200-day EMA
- The 1inch price was rejected at the 200-day Exponential Moving Average (EMA) of $0.443 on Thursday.
- This level also coincides with a daily resistance level of $0.446, reinforcing its significance as a resistance point.
2. Price Movement
- Following the rejection, the price of 1inch retraced by 3%, trading around $0.415 during the European session on Friday.
- The inability to break past the 200-day EMA suggests weakness in the upward momentum.
3. On-chain Data
- There is a reported decline in development activity for 1inch.
- Decreased development activity often correlates with negative investor sentiment, potentially leading to reduced confidence and selling pressure.
4. Invalidation of Bearish Thesis
- A daily candlestick close above $0.464 would invalidate the bearish outlook, suggesting a potential reversal and upward movement.
The rejection at the 200-day EMA, combined with declining development activity and negative sentiment, indicates that 1inch is poised for a further downward correction. Traders and investors should watch the $0.446 resistance level closely. If 1inch fails to break this level, further declines are likely. Conversely, a close above $0.464 could shift the sentiment to bullish, suggesting a possible upward trend.
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$ETH Ethereum's Make-or-Break Moment: Is a Major Price Surge Imminent? 🚀📈 Ethereum (ETH) is approaching a pivotal resistance level around $3,561. If it fails to break through, it may reverse towards the first support level at $3,449.66. However, if it surpasses the resistance at $3,625.50, this could indicate a further upward trend. Traders should consider these levels and be aware of the inherent risks in trading cryptocurrencies. Ethereum (ETH), based on recent analysis, is currently at a critical juncture. It is hovering near a significant resistance level. If it can break past this resistance, it could indicate a bullish trend, suggesting potential for further gains. Conversely, failure to break through might lead to a reversal, possibly heading towards the first support level. From a technical perspective, closely monitoring these key levels is crucial. Additionally, considering broader market trends and investor sentiment can provide further context for potential price movements. Always stay informed and consider multiple factors when analyzing cryptocurrencies. {future}(ETHUSDT)
$ETH Ethereum's Make-or-Break Moment: Is a Major Price Surge Imminent? 🚀📈

Ethereum (ETH) is approaching a pivotal resistance level around $3,561. If it fails to break through, it may reverse towards the first support level at $3,449.66. However, if it surpasses the resistance at $3,625.50, this could indicate a further upward trend. Traders should consider these levels and be aware of the inherent risks in trading cryptocurrencies.

Ethereum (ETH), based on recent analysis, is currently at a critical juncture. It is hovering near a significant resistance level. If it can break past this resistance, it could indicate a bullish trend, suggesting potential for further gains. Conversely, failure to break through might lead to a reversal, possibly heading towards the first support level.
From a technical perspective, closely monitoring these key levels is crucial. Additionally, considering broader market trends and investor sentiment can provide further context for potential price movements. Always stay informed and consider multiple factors when analyzing cryptocurrencies.
Could Dogecoin (DOGE) See a Rally Amid Quietness in the Meme Coin Sector?Dogecoin ( $DOGE ) recently experienced a brief dip in its funding rate, reaching its lowest point year-to-date. This decline was closely linked to a temporary drop in its price. However, such dips have historically been precursors to rallies, indicating a potential upward movement for DOGE. ### DOGE Retailers and Exchange Outflows: A Key Influence Retail investors may significantly influence DOGE's price trajectory, especially given the recent increase in exchange outflows. This trend suggests that holders are moving their DOGE off exchanges, potentially signaling confidence in a future price rise or a strategic move to avoid selling pressure. ### Historical Patterns: Funding Rates and Price Gains A temporary decline in DOGE's funding rate has previously been a harbinger of price gains. The recent dip could thus set the stage for a rally, particularly as the broader meme coin market remains subdued. ### Market Overview: Meme Coins in a Lull On Thursday, DOGE's price saw a modest gain of about 2%, amid a generally quiet meme coin market. This slight uptick comes after a period of relative calm following a drop in Bitcoin's price, which often influences the entire crypto market. Several meme coins have faced significant weekly losses, with DOGE itself losing nearly 13% of its value over the week. Despite this, the analysis of DOGE's derivatives and on-chain data provides valuable insights. ### Derivatives and On-Chain Data: Mixed Signals The derivatives and on-chain metrics for DOGE paint a mixed picture. While the market has calmed, these data points highlight potential movements for DOGE, suggesting that the coin could soon break out of its current stagnation. ### Conclusion In summary, while the meme coin sector has experienced a downturn, Dogecoin's unique indicators, such as funding rates and exchange outflows, suggest it might be poised for a rally. As the market stabilizes, investors should keep an eye on these metrics to gauge DOGE's next move.

Could Dogecoin (DOGE) See a Rally Amid Quietness in the Meme Coin Sector?

Dogecoin ( $DOGE ) recently experienced a brief dip in its funding rate, reaching its lowest point year-to-date. This decline was closely linked to a temporary drop in its price. However, such dips have historically been precursors to rallies, indicating a potential upward movement for DOGE.
### DOGE Retailers and Exchange Outflows: A Key Influence
Retail investors may significantly influence DOGE's price trajectory, especially given the recent increase in exchange outflows. This trend suggests that holders are moving their DOGE off exchanges, potentially signaling confidence in a future price rise or a strategic move to avoid selling pressure.
### Historical Patterns: Funding Rates and Price Gains
A temporary decline in DOGE's funding rate has previously been a harbinger of price gains. The recent dip could thus set the stage for a rally, particularly as the broader meme coin market remains subdued.
### Market Overview: Meme Coins in a Lull
On Thursday, DOGE's price saw a modest gain of about 2%, amid a generally quiet meme coin market. This slight uptick comes after a period of relative calm following a drop in Bitcoin's price, which often influences the entire crypto market. Several meme coins have faced significant weekly losses, with DOGE itself losing nearly 13% of its value over the week. Despite this, the analysis of DOGE's derivatives and on-chain data provides valuable insights.
### Derivatives and On-Chain Data: Mixed Signals
The derivatives and on-chain metrics for DOGE paint a mixed picture. While the market has calmed, these data points highlight potential movements for DOGE, suggesting that the coin could soon break out of its current stagnation.
### Conclusion
In summary, while the meme coin sector has experienced a downturn, Dogecoin's unique indicators, such as funding rates and exchange outflows, suggest it might be poised for a rally. As the market stabilizes, investors should keep an eye on these metrics to gauge DOGE's next move.
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