Recovery
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CRYPTO MARKET RECOVERY ON THE HORIZON?
Are we finally seeing a glimmer of hope after the recent market downturn? Renowned analyst Michaël van de Poppe thinks so! He's identified four potential triggers that could revive the crypto market and we're excited to share them with you!
The first trigger is substantial investments in Bitcoin and Ethereum ETFs. Van de Poppe believes a positive shift in Ethereum could be particularly influential. Could this be the push we need to get out of the bear market? ETFs have been a game-changer for traditional markets, and it's exciting to think about their potential impact on crypto.
Worsening economic conditions might just be the catalyst for a crypto comeback! Higher gold prices, a weaker US dollar, and lower US Treasury yields could all work in our favor. Is it time to diversify your portfolio? As the global economy navigates uncertain waters, crypto's decentralized nature could make it an attractive safe-haven asset.
Cryptocurrencies regaining key support levels is crucial for a market recovery. Ethereum maintaining its position against Bitcoin (ETH/BTC) and moving upward could be a sign of a positive trend. Keep an eye on those charts! Support levels are critical for building momentum, and a bounce off these levels could signal a trend reversal.
A settlement in the SEC-Ripple lawsuit could be the cherry on top! Ripple's CEO hints that a resolution might be near. Could this be the news we need to boost market sentiment? The crypto community has been waiting with bated breath for this outcome, and a positive resolution could lead to a surge in confidence.
Share your thoughts! Do you think these triggers could lead to a crypto market recovery? Let's discuss in the comments below!
#Binance #CryptoMarket #Recovery #EconomicConditions #SupportLevels
Are we finally seeing a glimmer of hope after the recent market downturn? Renowned analyst Michaël van de Poppe thinks so! He's identified four potential triggers that could revive the crypto market and we're excited to share them with you!
The first trigger is substantial investments in Bitcoin and Ethereum ETFs. Van de Poppe believes a positive shift in Ethereum could be particularly influential. Could this be the push we need to get out of the bear market? ETFs have been a game-changer for traditional markets, and it's exciting to think about their potential impact on crypto.
Worsening economic conditions might just be the catalyst for a crypto comeback! Higher gold prices, a weaker US dollar, and lower US Treasury yields could all work in our favor. Is it time to diversify your portfolio? As the global economy navigates uncertain waters, crypto's decentralized nature could make it an attractive safe-haven asset.
Cryptocurrencies regaining key support levels is crucial for a market recovery. Ethereum maintaining its position against Bitcoin (ETH/BTC) and moving upward could be a sign of a positive trend. Keep an eye on those charts! Support levels are critical for building momentum, and a bounce off these levels could signal a trend reversal.
A settlement in the SEC-Ripple lawsuit could be the cherry on top! Ripple's CEO hints that a resolution might be near. Could this be the news we need to boost market sentiment? The crypto community has been waiting with bated breath for this outcome, and a positive resolution could lead to a surge in confidence.
Share your thoughts! Do you think these triggers could lead to a crypto market recovery? Let's discuss in the comments below!
#Binance #CryptoMarket #Recovery #EconomicConditions #SupportLevels
Top Memecoins PEPE, WIF, and BRETT Bounce Back Strongly: Will The Recovery Last?
Date: Tuesday, August 06, 2024, 05:20 AM GMT
The crypto world is gaining positive sentiment, and we are witnessing a much-needed recovery rally among major cryptocurrencies as the crypto market was turned in a bloodbath since the start of this month, which pulled the bitcoin from $70K to $49K within the span of the last 6 days due to primary reasons like global market downfall and geopolitical tensions.
Bitcoin's recent performance has been particularly noteworthy. Despite overall bearish market trends, Bitcoin (BTC) managed to pull off an incredible 3.16% jump in just one hour. As of now, Bitcoin is trading at $54,600, bouncing back significantly from its earlier low of $49,000. This surge in Bitcoin’s price has led a strong recovery in Memecoins today as the prices of Pepe $PEPE , Dogwifhat $WIF and Brett (BRETT) made impressive gains.
Source: Coinmarketcap
What's Next?
Source: TradingView
The primary reason behind this recovery is Bitcoin’s strong pullback from its bottom level of $50,800, which has taken it to its current price of $54,600. In the last 24 hours, Bitcoin has surged by 3.60%. For the rally to continue, Bitcoin needs to break through the next resistance level at $56,700. If it succeeds, we could see further upward momentum in the market which will lead this rally of memecoins higher.
To get more updates, visit us at: https://coinsprobe.com/
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk, and you should conduct your own research.
#Memecoins🤑🤑 #Recovery #pepe⚡
The crypto world is gaining positive sentiment, and we are witnessing a much-needed recovery rally among major cryptocurrencies as the crypto market was turned in a bloodbath since the start of this month, which pulled the bitcoin from $70K to $49K within the span of the last 6 days due to primary reasons like global market downfall and geopolitical tensions.
Bitcoin's recent performance has been particularly noteworthy. Despite overall bearish market trends, Bitcoin (BTC) managed to pull off an incredible 3.16% jump in just one hour. As of now, Bitcoin is trading at $54,600, bouncing back significantly from its earlier low of $49,000. This surge in Bitcoin’s price has led a strong recovery in Memecoins today as the prices of Pepe $PEPE , Dogwifhat $WIF and Brett (BRETT) made impressive gains.
Source: Coinmarketcap
What's Next?
Source: TradingView
The primary reason behind this recovery is Bitcoin’s strong pullback from its bottom level of $50,800, which has taken it to its current price of $54,600. In the last 24 hours, Bitcoin has surged by 3.60%. For the rally to continue, Bitcoin needs to break through the next resistance level at $56,700. If it succeeds, we could see further upward momentum in the market which will lead this rally of memecoins higher.
To get more updates, visit us at: https://coinsprobe.com/
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk, and you should conduct your own research.
#Memecoins🤑🤑 #Recovery #pepe⚡
#write2earn #Shiba Inu & #BoneShibaswap Tokens: Signs of #Recovery Spark Optimism #memecoins
$SHIB
Today, SHIB and BONE prices are on the rise, signaling a potential turnaround for these tokens as evidenced by on-chain indicators.
Shiba Inu: Memecoins are back on the radar of crypto traders and investors as many of these tokens, including SHIB and BONE Shibaswap, experienced a notable recovery on April 17. Despite recent dips, SHIB and BONE have seen significant surges in the past 24 hours, reflecting renewed investor confidence worldwide.
The upward movement follows a period of market frenzy where SHIB & BONE underwent substantial price corrections, dropping as low as $0.000019 and $0.51, respectively. However, with on-chain data and Shiba Inu's history in play, both tokens are showing signs of a turnaround, especially highlighted by Shiba Inu’s Lucie. Let's delve into the factors driving SHIB & BONE’s resurgence.
Meme Coins Align with Market Trends
The broader crypto market, including meme coins like SHIB & BONE, often mirrors Bitcoin's movements. As Bitcoin approached its halving, the market experienced corrections, followed by a resurgence. Today, Bitcoin surged by 1.89%, with many altcoins following suit. This trend also extended to meme coins, with SHIB & BONE witnessing price rebounds.
Derivatives Data Reflects Price Trends
SHIB derivatives data indicate a decrease in liquidations, suggesting reduced selling pressure and reinforcing the tokens' price uptrend. Similarly, BONE Shibaswap token’s derivatives data show a positive scenario. Liquidations for both tokens dropped considerably, aligning with optimistic market dynamics.
Burning Mechanism Adds Fuel to Price Surge
An increase in the SHIB burn rate contributes to its price surge, with millions of coins incinerated in the past 24 hours alone. This burning mechanism boosts bullish sentiment. Similarly, BONE burning, driven by the DAMN burn mechanism, complements SHIB’s upswing, as both tokens grapple with supply reductions.
$SHIB
Today, SHIB and BONE prices are on the rise, signaling a potential turnaround for these tokens as evidenced by on-chain indicators.
Shiba Inu: Memecoins are back on the radar of crypto traders and investors as many of these tokens, including SHIB and BONE Shibaswap, experienced a notable recovery on April 17. Despite recent dips, SHIB and BONE have seen significant surges in the past 24 hours, reflecting renewed investor confidence worldwide.
The upward movement follows a period of market frenzy where SHIB & BONE underwent substantial price corrections, dropping as low as $0.000019 and $0.51, respectively. However, with on-chain data and Shiba Inu's history in play, both tokens are showing signs of a turnaround, especially highlighted by Shiba Inu’s Lucie. Let's delve into the factors driving SHIB & BONE’s resurgence.
Meme Coins Align with Market Trends
The broader crypto market, including meme coins like SHIB & BONE, often mirrors Bitcoin's movements. As Bitcoin approached its halving, the market experienced corrections, followed by a resurgence. Today, Bitcoin surged by 1.89%, with many altcoins following suit. This trend also extended to meme coins, with SHIB & BONE witnessing price rebounds.
Derivatives Data Reflects Price Trends
SHIB derivatives data indicate a decrease in liquidations, suggesting reduced selling pressure and reinforcing the tokens' price uptrend. Similarly, BONE Shibaswap token’s derivatives data show a positive scenario. Liquidations for both tokens dropped considerably, aligning with optimistic market dynamics.
Burning Mechanism Adds Fuel to Price Surge
An increase in the SHIB burn rate contributes to its price surge, with millions of coins incinerated in the past 24 hours alone. This burning mechanism boosts bullish sentiment. Similarly, BONE burning, driven by the DAMN burn mechanism, complements SHIB’s upswing, as both tokens grapple with supply reductions.
Guys ,
Must Read ,
👀👀👀
and if we talk about Stocks
Stock market Crash:
2020 -34%
2008 -57%
2000 -49%
1998 -19%
1987 -33%
Recovered in Each Crash and crossed his ATH every time,
For More Information Follow , Like , Share Must ,
#StockMarket #Crash #Recovery #ATH #AllTimeHigh
Must Read ,
👀👀👀
and if we talk about Stocks
Stock market Crash:
2020 -34%
2008 -57%
2000 -49%
1998 -19%
1987 -33%
Recovered in Each Crash and crossed his ATH every time,
For More Information Follow , Like , Share Must ,
#StockMarket #Crash #Recovery #ATH #AllTimeHigh
Today my mode is on for your all Old losses from others side
#Recovery mode Active .
Once you follow me you will unfollow all others
do u need same ?? #LowestCPI2021 #BinanceLaunchpoolTON
#Recovery mode Active .
Once you follow me you will unfollow all others
do u need same ?? #LowestCPI2021 #BinanceLaunchpoolTON
🟢Positive Fact🟢
Guys do you know that almost $3 Billion worth of #Bitcoin short liquidations laying around $71,7k. Even if we get another dip hold and don't sell. $BTC will follow the liquidity, don't get trapped. Eventually we will be bouncing to ATH and going much higher after this sell off ends.
Remember that while you are selling low, whales are accumulating. You might not have money like a whale but you could always think like a whale.
Historically BTC tends to massively increase after the halving event, 4 days remaining. Be Smart and wait for the right moment, good days are coming earlier than you think😉🥂
#BTC #Halving #Recovery #Altcoinseason2024
Guys do you know that almost $3 Billion worth of #Bitcoin short liquidations laying around $71,7k. Even if we get another dip hold and don't sell. $BTC will follow the liquidity, don't get trapped. Eventually we will be bouncing to ATH and going much higher after this sell off ends.
Remember that while you are selling low, whales are accumulating. You might not have money like a whale but you could always think like a whale.
Historically BTC tends to massively increase after the halving event, 4 days remaining. Be Smart and wait for the right moment, good days are coming earlier than you think😉🥂
#BTC #Halving #Recovery #Altcoinseason2024
🚨 $POL /USDT Recovery Alert! 🚨
It’s exciting to see $POL /USDT showing strong signs of recovery after hitting recent lows. The pair is now bouncing back, moving towards its previous high near $0.3880. With the price currently sitting at $0.3843 (+3.00%), it looks ready to challenge key resistance levels!
📈 Resistance: $0.3880
📉 Support: $0.3720
💼 Long Trade Setup:
If $POL /USDT breaks the $0.3880 resistance, we could see it pushing toward $0.3920 and potentially $0.3960. This could be a great opportunity for those looking to ride the recovery wave! Make sure to set a stop loss at $0.3720 for safety.
🔻 Short Trade Setup:
On the flip side, if the price dips below the $0.3720 support, we may see a correction down to $0.3680 or even $0.3600. Always keep an eye on volume and momentum before making a move!
Get ready, traders! This could be the moment to make your move 🚀.
#Crypto #POLUSDT #Recovery #Write2Earn! #USRetailSalesRise
It’s exciting to see $POL /USDT showing strong signs of recovery after hitting recent lows. The pair is now bouncing back, moving towards its previous high near $0.3880. With the price currently sitting at $0.3843 (+3.00%), it looks ready to challenge key resistance levels!
📈 Resistance: $0.3880
📉 Support: $0.3720
💼 Long Trade Setup:
If $POL /USDT breaks the $0.3880 resistance, we could see it pushing toward $0.3920 and potentially $0.3960. This could be a great opportunity for those looking to ride the recovery wave! Make sure to set a stop loss at $0.3720 for safety.
🔻 Short Trade Setup:
On the flip side, if the price dips below the $0.3720 support, we may see a correction down to $0.3680 or even $0.3600. Always keep an eye on volume and momentum before making a move!
Get ready, traders! This could be the moment to make your move 🚀.
#Crypto #POLUSDT #Recovery #Write2Earn! #USRetailSalesRise
Top DePIN Tokens RENDER, AKT, and TAO Make Huge Recovery: What's Next?
Date: Tuesday, August 06, 2024, 04:42 AM GMT
In the cryptocurrency market today, we are witnessing a much-needed recovery rally among major cryptocurrencies. The crypto market has been in turmoil since the start of this month, which pulled Bitcoin from $70K to $49K within the span of the last six days. The primary reasons for this downturn were the global market downfall and geopolitical tensions.
Today, however, Bitcoin has shown signs of recovery by surging to $55K from a low of $49,121. This bounce-back has led to a significant recovery in DePIN tokens, with prices of Render $RENDER , Akash Network $AKT , and Bittensor $TAO making impressive gains.
Source: Coinmarketcap
What's Next?
Source: TradingView
The primary reason behind this recovery is Bitcoin's strong pullback from the support level of $50,800, bringing it to the current price of $55,555 with a 2.81% surge in the last 24 hours. From here, Bitcoin needs to break the next resistance level at $56,700. If it breaks out from here, we can expect the rally to continue. However, if Bitcoin falls below $49K again, we could see another sharp downturn.
For now, the market is showing bullishness, and investors are closely watching Bitcoin's movement. The recovery in DePIN tokens like RENDER, AKT, and TAO is a positive sign, suggesting that these tokens could continue to see gains if Bitcoin maintains its upward momentum.
To get more updates, visit us at: https://coinsprobe.com/
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk, and you should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
#DePIN #Recovery #bitcoin☀️
In the cryptocurrency market today, we are witnessing a much-needed recovery rally among major cryptocurrencies. The crypto market has been in turmoil since the start of this month, which pulled Bitcoin from $70K to $49K within the span of the last six days. The primary reasons for this downturn were the global market downfall and geopolitical tensions.
Today, however, Bitcoin has shown signs of recovery by surging to $55K from a low of $49,121. This bounce-back has led to a significant recovery in DePIN tokens, with prices of Render $RENDER , Akash Network $AKT , and Bittensor $TAO making impressive gains.
Source: Coinmarketcap
What's Next?
Source: TradingView
The primary reason behind this recovery is Bitcoin's strong pullback from the support level of $50,800, bringing it to the current price of $55,555 with a 2.81% surge in the last 24 hours. From here, Bitcoin needs to break the next resistance level at $56,700. If it breaks out from here, we can expect the rally to continue. However, if Bitcoin falls below $49K again, we could see another sharp downturn.
For now, the market is showing bullishness, and investors are closely watching Bitcoin's movement. The recovery in DePIN tokens like RENDER, AKT, and TAO is a positive sign, suggesting that these tokens could continue to see gains if Bitcoin maintains its upward momentum.
To get more updates, visit us at: https://coinsprobe.com/
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk, and you should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
#DePIN #Recovery #bitcoin☀️
👀👀👀
and if we talk about Stocks
Stock market Crash:
2020 -34%
2008 -57%
2000 -49%
1998 -19%
1987 -33%
Recovered in Each Crash and crossed his ATH every time
#StockMarket #Crash #Recovery #ATH #AllTimeHigh
and if we talk about Stocks
Stock market Crash:
2020 -34%
2008 -57%
2000 -49%
1998 -19%
1987 -33%
Recovered in Each Crash and crossed his ATH every time
#StockMarket #Crash #Recovery #ATH #AllTimeHigh
