What Makes Dogwizhat ($WIZ) Stand Out as a Secure, Fun Memecoin
Dogwizhat ($WIZ) is a fun and innovative memecoin that blends humor with the excitement of crypto investing. Built on Binance Smart Chain, Dogwizhat offers a zero-fee, community-driven platform, featuring renounced contracts and a Cyberscope audit, making it a secure and transparent option for investors.
What is Dogwizhat ($WIZ)?
Dogwizhat ($WIZ) is the latest memecoin to capture the cryptocurrency market's attention, blending humor with innovation. Unlike many overpromising but underdelivering projects, Dogwizhat embraces its identity as a true memecoin, simple and transparent. 
Inspired by the iconic WIF and a playful touch of magic, Dogwizhat features a dog donning a wizard hat, symbolizing fun and community spirit. Its goal is not to revolutionize blockchain technology but to foster a strong, engaging, and humorous community of investors and enthusiasts.
Dogwizhat Features
Dogwizhat ($WIZ) stands out with several key features that set it apart from other memecoins:
Zero Transaction Fees: Built on Binance Smart Chain (BSC), Dogwizhat boasts a 0/0 tax structure, eliminating transaction fees and providing users with a seamless trading experience.Renounced Contract: The Dogwizhat contract has been renounced, meaning the creators have permanently given up control over the token supply. This ensures a secure, tamper-proof environment where no one can manipulate the token.Security Audit: To further ensure transparency and security, Dogwizhat has undergone an audit by Cyberscope, a trusted name in cryptocurrency security. The audit thoroughly examined the smart contract for vulnerabilities, boosting investor confidence.
How to Buy Dogwizhat ($WIZ)
Dogwizhat is currently in its presale phase, offering early investors a golden opportunity to get in at a lower price. Here's how to participate:
Set up a Wallet: First, you'll need a decentralized wallet like MetaMask or BestWallet.Visit the Website: Head to the Dogwizhat website and connect your wallet through the presale widget.Purchase Tokens: You can buy $WIZ tokens using BNB-based tokens. The presale offers a 1.5% daily price increase, making early investment highly advantageous.
Dogwizhat Roadmap
Dogwizhat's roadmap is designed to ensure steady growth and community engagement:
Phase 1 (Q4 2024): Launch presale, followed by initial decentralized exchange (DEX) listings on platforms like PancakeSwap.Phase 2 (2025): Expand marketing efforts, form strategic DeFi partnerships, and list on additional exchanges.Phase 3: Focus on community building through events and major centralized exchange (CEX) listings to boost accessibility.Phase 4: Introduce staking and governance features, cross-chain integrations, and expand globally.
Dogwizhat Presale Details
The Dogwizhat presale is currently live and will run until Q1 2025:
Presale Dates: 30th October 2024 – Q1  2025 (Date to be announced)Total Supply: 5 trillion $WIZ tokensTokens for Sale: 2 trillion $WIZ tokens (40% of total supply)Price: 1 $WIZ = 0.0000003 USDTFundraising Goal: $2,500,000 USDT
By joining the presale, investors can take advantage of the daily price increase and secure $WIZ tokens at a favorable rate before it is listed on major exchanges like PancakeSwap and other CEX platforms.
Conclusion
Dogwizhat is a community-focused memecoin that emphasizes fun, transparency, and security. Its unique features, renounced contract, and strong roadmap make it an exciting project for investors looking to participate in the playful side of the crypto world.

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Crypto Market News Today: Bitcoin Surges Past $71K, Altcoins Steady
The crypto market is experiencing a surge, with Bitcoin reaching a new high of $71,000, marking a strong revival in what traders term an 'Uptober' trend. The latest news on the crypto market highlights a significant upswing, as memecoins like DOGE, Shiba Inu, and POPCAT post impressive gains. With Ethereum, XRP, and ADA following suit with moderate increases, the crypto market is set to close October on a positive note. Currently, Bitcoin’s rise to new heights signals a promising path forward as traders eye more potential breakouts across top cryptocurrencies. Here’s a detailed look at what’s happening in the crypto market right now and what’s causing the market uptrend today.
Bitcoin Breaks Through $71,000, Leading the Crypto Market Up Today
In a remarkable move, Bitcoin has soared to $71,500, rejuvenating the entire crypto market. The new rise in Bitcoin's value broke past its resistance, pushing the market up today and sparking investor excitement. The Bitcoin market news today attributes this spike to a significant influx of institutional investments in U.S.-based spot ETFs, with over $22 billion flowing into the market. This substantial inflow has driven Bitcoin's price above $70,000, boosting its dominance and pointing towards a potential price target of $88,000-$90,000 in the midterm. With this surge, the latest crypto market news suggests a new bullish trend is solidifying.
Ethereum and Altcoins Attempt to Follow as Bitcoin Market News Dominates
While Bitcoin climbs to a new height, Ethereum and other major altcoins are cautiously advancing. Ethereum, struggling to breach its $2,800 resistance level, remains in a confined range. The latest news on the crypto market shows that ETH still holds potential for a breakout, with technical indicators like the MACD nearing a bullish crossover. Altcoins such as XRP, ADA, and SOL have also shown minor gains, though Bitcoin’s dominance suggests they may remain in consolidation until a possible altseason arrives.
What’s Happening in the Crypto Market Right Now: Memecoins and Bitcoin Drive Gains
The current crypto market news underscores the strong performance of memecoins, with DOGE, POPCAT, Shiba Inu, and FLOKI leading a market-wide upswing. As the crypto market heats up, these tokens have broken past their resistance levels, benefiting from Bitcoin’s rising momentum. In summary, with Bitcoin striking a new high, the market is poised for further growth as altcoins await their breakout moment, marking a bullish trend for the days ahead.

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What Is Binance Connect? A Relaunch With 100+ Currency And 300 Cryptos
Binance has relaunched Binance Connect, formerly Bifinity, as a seamless fiat-to-crypto gateway. Integrated with Binance, it supports 100+ fiat currencies and 300 cryptos to enhance Web3 accessibility and global digital asset adoption.
Binance Connect Relaunches as Fiat-Crypto Gateway for Web3 Adoption
In recent months, Binance Connect was shut down and now once again it has Binance has relaunched. Binance Connect as a powerful fiat-to-crypto gateway, previously known as Bifinity, to simplify digital asset access for users globally. 
Integrated directly into the Binance ecosystem, the platform lets users conduct fiat-to-crypto transactions seamlessly within their Binance accounts and compatible DeFi wallets like Trust Wallet. 
Offering support for over 100 fiat currencies, 300 cryptocurrencies, and 300 payment methods, Binance Connect aims to bridge traditional finance with the digital asset space. 
This relaunch expands accessibility, making it easier for users worldwide to explore Web3 opportunities through streamlined fiat-to-crypto transactions.
New Features and Vision of Binance Connect
Binance Connect is designed to reduce technical barriers for Web3 developers and users. It features competitive pricing with no long-term financial commitments.
Its comprehensive fiat on-and-off-ramp service facilitates easy integration for platforms like gaming apps, digital wallets, and decentralized applications. Leveraging Binance's market reach and liquidity, Binance Connect offers optimal rates, enhancing the fiat-to-crypto experience for various Web3 use cases. 
Binance emphasized that this isn’t just a transactional tool but a pivotal solution for accelerating the adoption of digital assets. Through Binance Connect, Binance aims to catalyze broader Web3 adoption by making crypto transactions simpler, safer, and more accessible globally.
Conclusion
With Binance Connect, Binance reaffirms its commitment to driving Web3 adoption, providing users worldwide with streamlined access to digital assets. This relaunch promises a simpler, safer, and more accessible fiat-to-crypto experience for Web3 enthusiasts globally.
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Crypto Market News Today: Bitcoin Leads Market Rebound
The cryptocurrency market has caught the attention of investors globally, especially as Bitcoin (BTC) has managed to bounce back above $68K, despite facing recent challenges. At the same time,  Ethereum (ETH) has remained in the red zone, struggling to make any significant upward movement. Solana (SOL) and XRP, on the other hand, are trading in green, aligning with the broader positive market trend.
Today, the overall global crypto market cap has increased by 0.62%, reaching $2.33 trillion. However, total market trading volume has seen a noticeable dip, decreasing by 14.35% to $71.8 billion. Despite this, Bitcoin's strong performance has boosted investor confidence.
Bitcoin Price Today
As of today, Bitcoin’s price climbed by 1.19%, currently trading at $67,711. Earlier in the day, BTC recorded a low of $66,683.84 and a high of $68,798.96. One of the key factors behind this rise is the $188.11 million inflow into Bitcoin ETFs as reported on October 24. This influx of investment has contributed to the overall increase in BTC’s market cap, which now stands at $1.35 trillion. Moreover, Bitcoin's market dominance has increased to 57.82%, further cementing its lead in the crypto world.
Ethereum Price Today
In contrast, Ethereum is not seeing the same success as Bitcoin. ETH has declined nearly 1%, trading at $2,495 at press time. The day’s intraday low and high were $2,506.72 and $2,559.15, respectively. Despite $2.30 million worth of inflows into Ethereum ETFs, the price struggles to recover. Ethereum’s market cap sits at $303.54 billion today.
Solana and XRP Performance
SOL and XRP followed the market's overall positive trend, gaining less than 1% each. These coins, while not seeing massive gains, are still contributing to the green movement in the crypto market, signaling investor optimism for the short term.

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Hamster Kombat Coin Price Falling With 5M Subscriber Drop in October
The popular tap-to-earn game, Hamster Kombat, experienced a significant drop in October 2024. The game’s official Telegram channel saw a massive loss of subscribers, plummeting from 60.7 million to 55 million, marking an average daily decline of over 200,000 followers. 
Despite this, Hamster Kombat still holds the title of the most subscribed channel on Telegram. Other related mini-apps, such as Tapswap, DOGS, Yescoin, and Catizen, have also faced sharp declines in their subscriber counts during the same period.
Interest in the Hamster Kombat  coin price has dramatically decreased as well. According to Google Trends, search interest fell from a high of 100 points in September to just 3 points in October, following dissatisfaction with the game’s airdrop campaign. 
Influencers like Crypto with Khan have urged users to unfollow the game on social media in protest of how the community has been treated.
$HMSTR Token Hits New Low Amid Investor Decline
The in-game currency, Hamster Kombat coin, took a significant hit in October. The Hamster Kombat coin price dropped by over 9.50%, reaching a new low of $0.003334. 
The market capitalization of HMSTR decreased from over $600 million to approximately $214 million. Additionally, daily trading volume has plummeted from $200 million in September to just $50 million in October.
Other tap-to-earn tokens like Notcoin (NOT), Baby DogeCoin (BabyDoge), and Catizen (CATI) have seen price drops between 15% and 20%. 
Despite Hamster Kombat introduced new features like the Hamster Kombat daily cipher code and Hamster Kombat coin withdrawal options, still the games turns out to sharp decline in subscribers as well as price due to community concerns and investor confidence.
Conclusion 
Despite unveiling a new roadmap with exciting features like NFTs and Hamster Kombat Season 2 updates, it faces significant challenges. Declining user engagement and token value suggest that the game must address community concerns to regain investor confidence and player interest.

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Is XRP the Next Big Addition to Robinhood Crypto Transfers After XLM?
Robinhood Crypto EU has added Stellar (XLM) to its crypto transfer service for European users. While XLM experienced a slight price drop, derivatives buying increased. Speculation is growing around the potential addition of XRP to the platform.

What's the News?
On October 23, 2024, Robinhood Crypto EU announced that Stellar (XLM) is now among the cryptocurrencies supported for transfers on its platform. Users in the European region can now withdraw and deposit XLM, benefiting from a 1% deposit bonus for a limited time. 
This addition brings the total number of cryptocurrencies available for transfers to over 25, including Bitcoin,  Ethereum, Solana, and USDC. The platform offers users control over their assets, security through crime insurance, and access to educational programs.
This announcement came shortly after the addition of Solana (SOL) to Robinhood's crypto transfers, amid growing excitement around the upcoming Solana ETF launch. 
Similarly, the crypto community is buzzing with speculation about a possible XRP ETF launch, which could lead to the inclusion of Ripple’s XRP in Robinhood’s transfer service. 
Currently, XRP is available for trading only on Robinhood's EU platform, but it remains excluded from the crypto transfers feature. Despite the positive news, Stellar's (XLM) price did not see an immediate rebound. 
Robinhood’s move to expand its crypto transfer options aligns with its mission to simplify self-custody and provide easier access to decentralized finance (DeFi) for European customers. As speculation mounts about the potential addition of XRP to the service, traders and investors are watching closely for future updates.
Conclusion 
Robinhood Crypto inclusion of XLM in its transfer service signals expansion, although the price of XLM continues to dip. With XRP being a likely candidate for future inclusion, Robinhood’s efforts to enhance crypto access in Europe are closely monitored.

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Crypto Market News Today: Bitcoin Dips Below $67K, Investors Wary
The crypto market witnessed a significant drop today, with Bitcoin leading the decline. Bitcoin fell by 2.7%, bringing its price below $67,000, creating a cautious sentiment among investors. The global crypto market cap also dropped by 2.2% to $2.34 trillion. This sudden dip is attributed to various macroeconomic factors, including uncertainty surrounding the upcoming U.S. presidential election and concerns over the Federal Reserve’s interest rate policies.
Bitcoin ETF Impact on Price and Market Sentiment
The Bitcoin ETF launch has played a pivotal role in the recent market dynamics. Initially, its introduction boosted optimism, pushing Bitcoin prices higher. However, as volatility hit the broader crypto market, the ETF’s impact on Bitcoin price prediction for 2024 has become less certain. Some experts expect that once the market stabilizes, the ETF could provide a long-term positive influence, but for now, the immediate focus remains on Bitcoin’s short-term performance.
Crypto Market Dropping Today: Election Uncertainty Weighs on Investors
Another significant factor behind the crypto market dropping today is the uncertainty surrounding the U.S. presidential election. With the race looking too close to call, investors are moving away from riskier assets like cryptocurrencies. Concerns over potential regulation changes are also making investors cautious, which has led to short-term price drops. Despite this, Bitcoin price prediction for 2024 remains optimistic in the long term, especially with the upcoming Bitcoin halving event.
Latest News on Crypto Market: Federal Reserve’s Interest Rate Decisions Add Pressure
In the latest crypto market news today, the Federal Reserve’s potential slowdown in cutting interest rates has also contributed to market volatility. Higher interest rates typically strengthen the U.S. dollar, making speculative investments like Bitcoin less attractive. This has led to a cautious stance among investors, adding pressure to Bitcoin and the broader crypto market.
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#ShibaINU coin price has been stagnant for more than two weeks, oscillating between two fixed levels of $0.0000116 and $0.00001020. During this period, the coin price has displayed a cluster of daily candles, highlighting the market's persistent uncertainty.

In February, the SHIB price trend shifted from a downtrend to a sideways movement due to market uncertainty. As a result, potential buyers should avoid trading in this region and wait for a price breakout to release the trapped momentum.

As per recent news, the SHIB price has been on a robust upward trend, surpassing the critical resistance level of $0.000011000. The Meme coin is currently trading above its 20, 50, 100, and 200-day moving averages, indicating a strong bullish sentiment in the market. This is an encouraging sign for investors, as the SHIB price may continue to soar in the near future.

Shiba Inu (SHIB) has recently seen a substantial increase of nearly 5.50%, resulting in a test of the $0.00001100 resistance level. Although there is potential for further upward momentum, it is crucial to note that if SHIB surpasses the $0.000011800 barrier, a sudden spike in price may occur towards $0.000015800.

The initial obstacle lies at the $0.000011800 level. Once we surpass this hurdle, our attention can shift towards the first major challenge, which is situated near $0.000012000. A successful breakthrough at this point could trigger a significant upward trend in the token's value. In fact, if the token can maintain its position above $0.000012500, we may witness a remarkable surge in price, reaching as high as $0.000013000. Such a development could potentially lead to further advancements, propelling the price towards the $0.000015800 barrier.

If SHIBA fails to surpass the $0.000011800 barrier, it may experience a continued decline. The major support level is currently at $0.000011000, and if the price falls below this level, selling pressure could intensify. This could potentially push SHIBA towards the $0.000010500 support zone in the near term. In such a scenario, the price of SHIBA may fall in the short future towards the $0.000010000-$0.000009800 support zone.

KEY LEVELS :

RESISTANCE LEVEL : $0.000011800-$0.000012500

SUPPORT LEVEL : $0.000011000-$0.000010000

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

#coingabbar #crypto2023 #SHIB

Ripple, a leading blockchain technology company, is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC) over the sale of its digital asset, XRP. In an effort to maintain the current state of affairs, Ripple has filed an appeal in the ongoing lawsuit.

The appeal seeks to preserve the status quo, which allows #XRP to be traded on various cryptocurrency exchanges. #Ripple argues that XRP is not a security and therefore should not be subject to SEC regulations.

This legal dispute has significant implications for the cryptocurrency industry as a whole, as it could set a precedent for how digital assets are regulated in the United States. As such, it is being closely watched by investors, regulators, and industry experts alike.

Despite the ongoing legal battle, Ripple remains committed to its mission of revolutionizing the way money moves around the world. The company continues to innovate and develop new technologies that have the potential to transform the financial industry.

#coingabbar #crypto2023 #crypto

#Litecoin is currently displaying promising indications above $85 in comparison to Bitcoin. If there is a clear upward trend above $92, the price of LTC could potentially increase even further. Over the past few sessions, Bitcoin, Ethereum, Ripple, and Litecoin have all experienced mostly positive movements against the US Dollar. Recently, Litecoin established a foundation above the $85 level and initiated a fresh surge.

LITECOIN has experienced a significant upward trend, surpassing both the $88 and $90 resistance levels. This surge was accompanied by a break above the 50% Fibonacci retracement level, which measures the downward movement from the $95.98 swing high to the $85.56 low. Additionally, the market has successfully cleared the $90 resistance zone. As of now, the price is hovering around $90 and the 50-hour simple moving average.

LTC/USD pair is currently encountering resistance at the $93 level. Additionally, a significant bearish trend line is forming with resistance at $93 on the 4-hour chart. If the price manages to surpass this level, it could potentially reach the $96 level. The next major obstacle lies at the $100 level, and any further gains could propel the price towards the $112 level.

If #LTC fails to surpass the $96 level, there will be an initial support located near the $88 level. Following this, the next significant support will be found near the $85 level. However, if the price experiences a decline below the $85 support, it could potentially plummet towards the $75 level in the near future.

KEY LEVELS :

RESISTANCE LEVEL : $94.00-$98.00

SUPPORT LEVEL : $86.00-$82.00

For the second day in a row, the LTC/USD price is trading below $90. WILL LTC hit $100 or go below $85 after a slaughter and trading below the ascending parallel channel line? Please leave your comments in the box below!

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

#coingabbar #crypto2023

In February, retail sales in the United States experienced a decline due to a slump in purchases of motor vehicles and other goods. This was a natural payback after the previous month's outsized increase. However, despite this setback, consumer spending continued to demonstrate underlying strength.

According to the Commerce Department, retail sales fell by 0.4% last month. However, there is some good news as data for January was revised higher, showing retail sales rising by 3.2% instead of the previously reported 3.0%. This is a positive sign for the economy.

Economists polled by Reuters had predicted that sales would fall by 0.3%, with estimates ranging from a 1.0% decline to a 0.5% increase. While the actual decline was slightly worse than expected, it is important to note that the overall trend remains positive.

Despite the dip in sales, there is still reason to be optimistic about the future of the retail industry. As the economy continues to recover, consumers are likely to increase their spending, which will drive growth in the retail sector. Additionally, the rise of e-commerce has opened up new opportunities for retailers to reach customers and expand their businesses.

In conclusion, while the decline in retail sales in February is a cause for concern, it is important to keep things in perspective. The overall trend remains positive, and there are reasons to be optimistic about the future of the retail industry.

#crypto2023 #coingabbar #bnb #btc #crypto

In 2022, the crypto market suffered greatly, resulting in a significant reduction of the industry's market cap. Polygon (MATIC) was one of the hardest hit, with its value plummeting by almost 88% after reaching an all-time high of $2.87 a year earlier. However, with positive developments in the ecosystem, is it feasible for Polygon (MATIC) to reach $5?

If a bull market occurs, the price of crypto could potentially reach $3, which is not an unlikely scenario. This would also bring the psychological landmark of $5 within the realm of possibility for investors. Conversely, the actions taken in the previous year may also have contributed to making this figure a reality.

Polygon Catches the Eye in ‘Not so Good’ Year for Crypto

Polygon’s impressive partnerships with some of the biggest brands in the world during 2022, a devastating crypto year, made it stand out.

Its ability to facilitate transactions in compatibility with Ethereum much more quickly than others has led companies like Coca-Cola, Disney, Meta, JP Morgan, and Starbucks to seek partnerships.

Due to its High Supply and Demand

Supply and demand are the game changers in the crypto industry. And reports say, Polygon “has a total supply limit of 10 billion MATIC Coins.”Out of which, nearly 9 billion is in circulation, “and the remaining 10% will enter the supply at a dwindling rate until 2026.”

The introduction of this development comes after the creators of the Polygon ecosystem designed a proposed burn mechanism last year.

Polygon’s zkEVM Launch

The March 25 launch of Polygon’s zkEVM testnet could leave Polygon as Ethereum’s top, Layer 2 solutions provider. Reports noted the development team stated, “Now it’s time to truly start the revolution to unlock mass adoption and the full potential of Web3.” The launch of Polygon zkEVM Mainnet Beta will begin on March 27, 2023.

#crypto2023 #polygon #coingabbar #matic #cryptonews

This proposed rule would build upon the safeguards already in place, thanks to the new authorities granted by Congress in 2010. By doing so, the SEC is taking a proactive step to ensure that investors are safeguarded against potential risks associated with cryptocurrency investments.

Investment advisers would need to ensure that all assets are properly segregated, submit to annual audits from public accountants, and undertake other transparency measures to be "qualified" custodians under the new rule. The rule would also require written agreements between advisers and custodians, add requirements for foreign institutions serving as custodians, and explicitly extend the safeguard rules to discretionary trading.

However, SEC Commissioner Hester Peirce opposed the rule. She argued that it would discourage investment advisers from advising their clients with respect to crypto. She had been vocal about the unprecedented regulator attempts of the SEC before as well. 

SEC Chair Gary Gensler has expressed his support for the proposed rule, implying that crypto exchanges may not be qualified custodians. He stated that investment advisers cannot rely on crypto platforms to provide custodial functions, and to ensure greater protection for investors, the rule should be extended to all asset classes, including all other crypto assets that are neither securities nor funds. 

This is the second time Gensler has commented on the proposed rule, which was initially introduced in mid-February. The SEC's Investor Advisory Committee has recommended broadening the 2009 rule, which was designed to reduce the risk of advisers engaging in Ponzi schemes, to encompass all asset classes, including all other crypto assets that are neither securities nor funds.

To read more such interesting news keep following CoinGabbar.com. Also, do not forget to share your views in the comments down below. 

#crypto2023 #coingabbar

The price of #bitcoin is currently attempting to break above the resistance zone of $28,500. If it manages to do so and close above this level, it could potentially rally further. Despite making another attempt to clear this hurdle, Bitcoin has struggled to gain momentum and close above it.

Due to market conditions, Bitcoin experienced a downside correction, falling below the $28,000 level. The price even dipped below the 50% Fib retracement level, which measures the upward movement from the $23,912 swing low to the $28,591 high. This dip tested the crucial $27,400 support zone and the 50 hourly simple moving average. 

The bulls have successfully defended the 61.8% Fibonacci retracement level of the upward movement from the $23,912 swing low to the $28,591 high. Additionally, a crucial bullish trend line is taking shape with support near $27,780 on the hourly chart of the #BTC . As of now, the Bitcoin price is trading above $28,000 and the 50 hourly simple moving average.

The first is at the $28,500 level, which is close at hand. Beyond that, the next significant resistance is either at the $28,500 zone or the recent high. If the price manages to close above the $28,600 resistance, it could signal the start of another significant increase. Should this occur, we could see the price rise towards the $29,200 level. If the gains continue, the price may even reach the $30,000 resistance zone.

In the event that the price of Bitcoin is unable to surpass the resistance level of $28,600, a downward correction may ensue. However, there is an immediate support level located near the $27,750 zone, which includes the 100 hourly simple moving average and the trend line. Should the price continue to decline, the next significant support level is situated at the $27,200 zone. Further losses could potentially lead to a drop towards the $26,500 support zone, with the next major support level being at the $26,000 mark. 

KEY LEVELS :

RESISTANCE LEVEL : $28,600-$29,000

SUPPORT LEVEL : $27,900-$27,400

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

#coingabbar #crypto2023

#Solana is gradually ascending above the $20 resistance level against the US Dollar, indicating a potential rally if it surpasses the $22.80 resistance. Last week, Solana's price found support near the $16 zone, forming a solid foundation for a significant increase above the $18 resistance level, similar to Bitcoin and Ethereum.

The SOL/USD pair has experienced a consistent rise above the $18 threshold, indicating a positive trend. Additionally, a significant bearish trend line with resistance near $18.60 was broken on the 4-hour chart, further supporting this upward movement. Currently, the pair is trading above $20.50 and the 50-hour simple moving average, indicating a strong bullish sentiment.

Firstly, there is an immediate resistance at the $21.50 level, which is located near the 50% Fibonacci retracement level of the downward move from the $27.14 swing high to the $16.00 low. If the asset manages to break through this resistance, the next major hurdle will be at the $22.80 level. If the asset can surpass this level, it may gain bullish momentum and rise towards the $24 resistance. Further gains could potentially push the price towards the $25 level.

If SOL is unable to surpass the $22.80 resistance, a downward correction may ensue. The initial support on the downside can be found near the $20.60 level and the 50-hour simple moving average. The first significant support is located near the $19.80 level, followed by the next major support at $18.80. Should the price fall below the $18.80 support, it may test the next critical support at $18.00. The primary support level is currently situated in the $16.00 zone.

KEY LEVELS :

RESISTANCE LEVEL : $22.00-$23.00

SUPPORT LEVEL : $20.20-$19.50

#coingabbar #crypto2023

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

#Solana is gradually rising over the $22 barrier level vs the US Dollar. SOL price might rise more if it breaks through the $23.00 barrier level. This week, the price of solana found support at $18.50. Similar to bitcoin and ethereum, the price formed a base and began a solid climb above the $20 resistance.

Above the $21.00 level, there was a continuous rise. The bulls even managed to push the price above the $22 barrier level. The bears, on the other hand, Beras are still active at the $23.00 resistance level. The price has formed a high at $22.98 and is currently consolidating gains.

There was a slight fall below the 23.6% Fib retracement level of the upward run from the swing low of $18.71 to the high of $22.98. The price of SOL has risen over $22 and the 50-hour simple moving average. In the 4-hours chart of the SOL/USD pair, a major bullish trend line is forming with support at $21.00.

On the upside, an immediate resistance level is at $22.50. The next major resistance is at $23.00, above which the price may gain bullish momentum and rise towards the $25 resistance. Any further rises might push the price up to $26.50.

If #SOL fails to break over the $23.00 barrier, it may begin a downward trend. The trend line and the $21.70 level provide initial support on the downside. The first major support is at $21.00. It is close to the 50% Fib retracement level of the upward move from the $18.71 swing low to the $22.98 high, and a break below that level may see the price test $21.00 and the 100 hour simple moving average. The next major support is at $18.80.

KEY LEVELS :

RESISTANCE LEVEL : $23.00-$24.00

SUPPORT LEVEL : $21.00-$20.00

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

#coingabbar #crypto2023