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Trending Coins for Today: NOT, STRUMP, DOGE, MEW, and PEPE   Newly launched coins such as Notcoin have suddenly become hotter, topping this week's list of trending coins. This token has displaced PEPE from the first spot on this list from last week, now becoming the trendiest of all coins at the time of writing. Other memecoins have also shown impressive performance, displacing some of the more prominent coins on this list. Let's take a closer look at each of them:   Notcoin (NOT) Major Bias: Bullish Notcoin stands in the first spot on this week's list of trending coins. The coin has seen an additional 15% price increase as of the time of writing. Meanwhile, over the past 7 days, there has been an additional price increase of 173%. Its market cap is $1.41 billion, with a trading volume of approximately $670 million. $DOGE $PEPE $NOT {future}(NOTUSDT)

Trending Coins for Today: NOT, STRUMP, DOGE, MEW, and PEPE

 

Newly launched coins such as Notcoin have suddenly become hotter, topping this week's list of trending coins. This token has displaced PEPE from the first spot on this list from last week, now becoming the trendiest of all coins at the time of writing. Other memecoins have also shown impressive performance, displacing some of the more prominent coins on this list. Let's take a closer look at each of them:

 

Notcoin (NOT)

Major Bias: Bullish

Notcoin stands in the first spot on this week's list of trending coins. The coin has seen an additional 15% price increase as of the time of writing. Meanwhile, over the past 7 days, there has been an additional price increase of 173%. Its market cap is $1.41 billion, with a trading volume of approximately $670 million.

$DOGE $PEPE $NOT

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Cardano Price: Sellers Oppose Buyers Again at $0.46 Level The daily chart of Cardano shows a downward trend. On April 13, the chart displayed a double bottom pattern at the $0.458 support level. The expected first level provided resistance at first, but the price eventually overcome it. There was a bearish candle pattern on the daily chart. Last week, there were bearish candles, and the $0.46 support level turned into a resistance level. The price is declining in the direction of the $0.42 prior low. $ADA #adausdt #ada
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Layman Guide to Crypto Trading
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📊 URPD Metric Highlights Bitcoin’s Potential for Price Surge 📈 What is UTXO/URPD? In cryptocurrencies, an unspent transaction output (UTXO) or URPD Unspent Realized price Distribution is a distinctive element in a subset of digital currency models. A UTXO represents a certain amount of cryptocurrency that has been authorized by a sender and is available to be spent by a recipient. The utilization of UTXOs in transaction processes is a key feature of many cryptocurrencies, but it primarily characterizes those implementing the UTXO model. Using the URPD metric, or UTXO Realized Price Distribution, offers a clear view of Bitcoin’s market dynamics and investor sentiment. This metric provides critical insights into the concentration of Bitcoin coins around the current spot price, highlighting areas of strong support and minimal resistance. 📊 Strong Support and Minimal Resistance The URPD metric shows that about 15.9% of Bitcoin’s total supply is clustered just below the current price, indicating robust support at these levels. In contrast, only 1.1% of the supply is above the current price, suggesting minimal resistance. This imbalance implies that with continued demand, Bitcoin’s price could rise significantly. 📈 Interpreting Market Sensitivity This metric helps identify potential support and resistance levels. The substantial support below the current price reflects strong investor confidence, while the sparse supply above suggests a high potential for rapid price increases if demand persists. 💰 Investment Implications For investors, these insights are crucial. Strong support indicates a lower risk of significant declines, and minimal resistance above suggests considerable potential for price appreciation. This combination points to a bullish outlook for Bitcoin in the near term. 🌟 #BTC $BTC
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Stacks (STX) Turns North Above the 1.750 Price Level Price action in the Stacks market has rebounded through the $2.00 mark. This occurred when headwinds seemed to have lost control while trying to bring the market below the 1.500 mark. As of the time of writing, the price of this token has increased by 4.44%. Let's see if more increases can still be observed in this market. Stacks Faces Rejection at the 50 Fibonacci Retracement Level Today's trading has sent price action in the STX market rising through the 50% Fibonacci Retracement level. However, the corresponding price candle for the current session indicates that upside forces are already facing opposition. Meanwhile, this token trades above the list of Exponential Moving Average (EMA) lines. #STX/USDT $STX
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In accordance with your wishes, let's consider the current situation on Ether🔹 The trend on the asset is objectively bullish🐂, as indicated by the rapid impulsive growth with corrections dragging on for weeks. On the last fall the Imbalance of $2.900-$2.500 was successfully filled and the Fibonacci OTE was tested, and after that the rapid upward growth continued📈 But the main question is still open - where should we look at entering longs now❓ 💁🏻‍♂️I will answer your question, The optimal zone to enter a position is the nearest Imbalance $3,700-$3,220, which is a significant magnet for price. As this inefficiency is confirmed and reacted to, and I am going to start looking at opening new trades with the target as the 2024 high of $4.100💡 Both Ethereum and altcoins have significantly underperformed #BTC in recent weeks and the need to close this gap is undeniable🙅🏻‍♂️ $ETH $BTC #altseason #BTC☀ #ETH🔥🔥🔥🔥
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