Cryptocurrency market overview | May 14 🔸️ Market cap: $ | Crypto De Nostradame na Binance Square

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Cryptocurrency market overview |  May 14
 🔸️ Market cap: $2.27 trillion (-1.45%)
 🔸️ #BTC  dominance: 53.69% (-0.07%)
 🔸️ Fear and Greed Index: 66 (greed)

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5 DePIN altcoins to watch in November As the DePIN sector continues to grow rapidly, November offers investors the opportunity to invest in altcoins that stand out in this area. These projects, which combine blockchain technology with real-world applications, have gained an important place in the crypto sector. Bittensor ($TAO ) At the top of the list of DePIN altcoins is the blockchain-based machine learning project Bittensor. TAO’s value has fallen by 15 percent in the last 30 days to $510.86. This altcoin, which is approaching $800 in 2024, may offer a potential buying opportunity with its recent decline. However, if TAO falls below the 50-day moving average (EMA), the price is likely to fall to $397.32. Filecoin ($FIL ) Another altcoin to watch in the DePIN sector is Filecoin, the native token of the decentralized storage system. FIL has been fluctuating between $3 and $4 for the last 30 days and seems to be well below its annual peak. JasmyCoin ($JASMY ) One of the prominent names in the DePIN category, JasmyCoin, operates in the Internet of Things (IoT) field. JASMY is currently trading around $ 0.019 and has a similar technical structure. Livepeer (LPT) LPT, the native token of the blockchain-based broadcast protocol Livepeer, was another DePIN project that investors should follow in November 2024. Despite LPT losing 25 percent in value in the last 30 days, it stands out as one of the rare altcoins backed by Grayscale Trust. Grass (GRASS) Finally, there is the Grass project, which was launched this week. One of the reasons why GRASS stands out is that it has not yet found a fair value range. The GRASS price is expected to rise in November 2024. The parity is currently trying to protect $ 1. If the $ 1 band is maintained, the price may approach $ 2 next month. #CryptoDeNostradame #ParrotBambooCrypto

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“A wild rally is possible for Bitcoin” Dave the Wave, who correctly predicted the crypto crash in May 2021, predicted that the Bitcoin price would rise by 160 percent this cycle. Addressing his followers on the X platform, the analyst claimed that the Bitcoin ($BTC ) price could reach six-figure levels. The analyst based his prediction on the Elliott Wave theory. The Elliott Wave theory shows that an asset will go through a rally process with five different fluctuations. The first, third and fifth waves in the indicator represent the rise. On the other hand, the second and fourth waves emphasize correction periods. Dave the Wave stated that the current price of BTC has increased by approximately 4.6 times after seeing the bottom. The analyst stated that the rise in question will continue and BTC will reach $ 180,000. Dave the Wave pointed out that Bitcoin broke out of an ascending triangle and gained upward momentum on the daily chart. The analyst, who stated that the movement in question could be a bullish signal, evaluated the fact that Bitcoin has not yet reached its all-time high as an opportunity. The analyst emphasized that Bitcoin has formed a formation known as a cup and handle on its daily chart. The formation in question typically indicates that the rise will continue. The formation indicates that the asset will pause for a while and gather strength before passing a significant resistance level. $ETH $BNB #CryptoDeNostradame #ParrotBambooCrypto

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Book of Meme (BOME) is at a critical turning point. One of the most popular memecoins on the Solana blockchain, Book of Meme (BOME), is giving signs of recovery with its low market value and circulating supply. BOME, which has left behind a volatile week in the crypto market, is trading at $ 0.00085. BOME, which has lost more than 6 percent since October 30, is giving a potential bullish signal despite the declines. According to the analysis prepared by AMBCrypto, if the price remains above a significant support level, buying pressure may increase. In the analysis, it was seen that $BOME created a new bullish formation and the formation highlighted the support point located at $ 0.00836. BOME may continue its upward rise if it maintains this support level. Technical indicators show that BOME successfully tested the support point located at $ 0.00836 and formed a bullish formation. Famous analyst Rekt Capital predicted that BOME would reach a wider trading range if the bullish formation is broken. BOME, which is at critical support levels, may test the $ 0.009925 resistance with potential buying appetite. The analysis included the following statements; “If the price breaks the $ 0.009925 resistance, it can be said that the next target is $ 0.014527. On the other hand, if the current support is lost, the price of the popular memecoin may decline further.” The long-term price target for BOME was indicated as $ 0.018476. It was predicted that BOME could reach the target if the uptrend continued. Technical indicators showed that the 9-day and 21-day moving averages offered upward momentum. The analysis included the following statements: “A close below the 21-day average may signal a possible weakening in momentum.” Memecoin’s Relative Strength Index (RSI) is at 52.63. The RSI level, which is interpreted as a neutral zone, may strengthen the rise if it rises above 57.60. $BTC $ETH #CryptoDeNostradame #ParrotBambooCrypto

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Scaramucci has a big goal: “You didn’t miss the Bitcoin train!” Anthony Scaramucci made some striking comments for Bitcoin (BTC) and gave a price target of $170,000. SkyBridge Capital CEO Anthony Scaramucci addressed investors during this period when Bitcoin was sailing towards its all-time high and stated that the train had not yet been missed. Scaramucci, who expressed his passion for BTC at every opportunity, advised those who thought they had missed Bitcoin to think again. Scaramucci said, “If you think you missed the Bitcoin train, you are wrong. In my opinion, we are still in the early stages.” Scaramucci, who made an outrageous price prediction for BTC, delighted his followers. The famous name, who thinks that BTC will reach $170,000 by mid-2026, showed his maximalism once again. However, some crypto investors find this target outrageous. However, a considerable portion of them believe that even this level will be exceeded. Scaramucci, who recommended that those considering investing in Bitcoin read the white paper written by $BTC creator Satoshi Nakamoto, did not forget to mention the leading names in the sector. He advised them to follow the views of leading names in the sector such as MicroStrategy CEO Michael Saylor, The Bullish Case for Bitcoin author Vijay Boyapati and ShapeShift crypto exchange founder Erik Voorhees. Scaramucci announced earlier this month that he had allocated approximately 55 percent of his wealth to Bitcoin and had still not sold. He also announced that he was preparing to publish a book called The Little Book of Bitcoin, which aims to understand the effects of digital asset technology on finance. In a recent interview with Reuters, Scaramucci predicted that Bitcoin would reach $170,000 by mid-2026. This estimate means that BTC will triple in value in the next 18-24 months. $ETH $BNB #CryptoDeNostradame #ParrotBambooCrypto

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Uniswap (UNI) breakout imminent: Bull run may begin. Uniswap (UNI), which has been quiet for a while, has given the green light to the bull season with promising technical indicators. Uniswap (UNI) fell below $8 after failing to break a critical resistance level last Wednesday. A successful close above this level could signal a rally for the decentralized exchange token. Technical indicators support bullish price movements. Uniswap is struggling to break the daily resistance level of $8.26. This level almost coincides with the Fibonacci retracement at $8.37. If Uniswap breaks the daily resistance and closes above $8.37, it may want to test $9.23. A successful close above this level could further strengthen the bull run and push the price towards $12.01. The Relative Strength Index (RSI) on the daily chart is at 57, above the neutral level of 50, thus showing an upward trend. Another critical metric, the Moving Average Convergence Divergence (MACD), is also showing an upward trend on the daily chart. However, if UNI fails to break the daily resistance level and closes below $7.08 on a weekly basis, bullish hopes may be dashed. In this case, a drop to $6.30 is expected. In addition, the trend of decentralized exchanges may have a positive effect on the UNI price. In this process, the performance of other decentralized exchanges will also be important. For example, the volume gains of Jupiter or Raydium may cause Uniswap ($UNI ) to fall out of favor. $BTC $ETH #CryptoDeNostradame #ParrotBambooCrypto

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