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Will TON Rebound After a 25% Plunge Following Durov's Arrest? 🤔
Toncoin ($TON ) experienced a significant price drop of 25% to $5.24 following the arrest of Telegram CEO Pavel Durov by French authorities, leading to widespread panic selling.
Despite the initial decline, market analysis suggests that TON may be set for a strong #rebound , similar to Binance Coin (BNB) after former Binance CEO Changpeng Zhao's sentencing. TON has bounced from a key support level within an ascending channel, and its RSI indicates it may be nearing a consolidation or rebound phase.
Additionally, rising open interest and funding rates in the futures market signal growing trader #confidence , suggesting a potential price increase towards $8.50.
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#Binance
#crypto2024
Toncoin ($TON ) experienced a significant price drop of 25% to $5.24 following the arrest of Telegram CEO Pavel Durov by French authorities, leading to widespread panic selling.
Despite the initial decline, market analysis suggests that TON may be set for a strong #rebound , similar to Binance Coin (BNB) after former Binance CEO Changpeng Zhao's sentencing. TON has bounced from a key support level within an ascending channel, and its RSI indicates it may be nearing a consolidation or rebound phase.
Additionally, rising open interest and funding rates in the futures market signal growing trader #confidence , suggesting a potential price increase towards $8.50.
If you enjoy my content, feel free to tip me ❤️
#Binance
#crypto2024
LIVEbr_ning
--
Bullish
Telegram Founder Pavel Durov Arrested in France 🚨
Telegram founder and CEO #Pavel Durov was arrested in France on August 24, 2024, after landing at Le Bourget airport near Paris. His arrest was linked to a search warrant issued by France's L’Office Mineurs (OFMIN), which is investigating alleged offenses including fraud, drug trafficking, cyberbullying, and organized crime, with a focus on Telegram's content moderation practices. Durov is expected to appear in court and could face up to 20 years in prison.
The arrest has prompted reactions from notable figures like #Elon Musk, who expressed support for Durov using the hashtag #FreePavel , and Ethereum co-founder Vitalik Buterin, who voiced concerns about the implications for software and communication freedom in Europe.
Meanwhile, TON, the blockchain protocol integrated with Telegram, remains operational, and its community has rallied behind Durov. Telegram has not yet commented on the incident.
If you enjoy my content, feel free to tip me ❤️
#Binance
#crypto2024
Telegram founder and CEO #Pavel Durov was arrested in France on August 24, 2024, after landing at Le Bourget airport near Paris. His arrest was linked to a search warrant issued by France's L’Office Mineurs (OFMIN), which is investigating alleged offenses including fraud, drug trafficking, cyberbullying, and organized crime, with a focus on Telegram's content moderation practices. Durov is expected to appear in court and could face up to 20 years in prison.
The arrest has prompted reactions from notable figures like #Elon Musk, who expressed support for Durov using the hashtag #FreePavel , and Ethereum co-founder Vitalik Buterin, who voiced concerns about the implications for software and communication freedom in Europe.
Meanwhile, TON, the blockchain protocol integrated with Telegram, remains operational, and its community has rallied behind Durov. Telegram has not yet commented on the incident.
If you enjoy my content, feel free to tip me ❤️
#Binance
#crypto2024
An M-top after a round of increase, and #shorting can be done when it #rebound to the neckline. That is, lay ambush short positions distributed between 43100~43300.$BTC
#Write2Earn
#Write2Earn
Put your $REI ON, always on watchlist and get it in the RSI breakdown. Potentially big rebound and bouncing higher. Have a nice weekend everyone.
REI/USDT 🟢 Spot/Long
Entry 1: 0.155 or better
Entry 2: 0.13
Entry 3: 0.11
Entry 4: 0.05
TP: 0.17 - 0.23 - 0.30
JP: 0.345
#dyor #TrendingTopic #REI #rebound
REI/USDT 🟢 Spot/Long
Entry 1: 0.155 or better
Entry 2: 0.13
Entry 3: 0.11
Entry 4: 0.05
TP: 0.17 - 0.23 - 0.30
JP: 0.345
#dyor #TrendingTopic #REI #rebound
Since my advice two hours ago to go long, $ETH has increased by 1%. With a 10x long leverage, the current profit is 10%. Considering this is a #rebound after a significant drop, it's a good time to #takeprofit . In these two hours, switching to a long position has earned another 10%. Follow me, making money is this easy.
Why Can’t Ethereum Break Above $2,000?
Ethereum has struggled to break above $2,000 in 2023, echoing a #bearish pattern from 2018-2019.
Factors include a stronger U.S. dollar, Ethereum's #underperformance compared to Bitcoin, and reduced investment in Ethereum.
The ecosystem's total value locked has decreased, leading to lower yields for investors, and Ethereum's gas fees have dropped. NFT activity has also declined.
Technically, Ethereum might #rebound to $1,665 but faces a bearish pattern, potentially dropping to $1,465 or $1,560 in October 2023. Breaking above $1,665 could push it to around $1,730.
#Binance
#crypto2023
Ethereum has struggled to break above $2,000 in 2023, echoing a #bearish pattern from 2018-2019.
Factors include a stronger U.S. dollar, Ethereum's #underperformance compared to Bitcoin, and reduced investment in Ethereum.
The ecosystem's total value locked has decreased, leading to lower yields for investors, and Ethereum's gas fees have dropped. NFT activity has also declined.
Technically, Ethereum might #rebound to $1,665 but faces a bearish pattern, potentially dropping to $1,465 or $1,560 in October 2023. Breaking above $1,665 could push it to around $1,730.
#Binance
#crypto2023
Crypto Crash or Correction? 😱
Crypto market tumbles 8.7% in 24 hours as tensions between Iran and Israel trigger #risk aversion.
Bitcoin falls below $65,000 with nearly $2.5 billion in #liquidations , mostly from leveraged long positions. Analysts see this as a potential buying opportunity after a "normal" correction within a bullish bull flag pattern.
The market could #rebound to $2.5 trillion by month's end, with further gains if it breaks the flag's resistance.
#Binance
#crypto2024
Crypto market tumbles 8.7% in 24 hours as tensions between Iran and Israel trigger #risk aversion.
Bitcoin falls below $65,000 with nearly $2.5 billion in #liquidations , mostly from leveraged long positions. Analysts see this as a potential buying opportunity after a "normal" correction within a bullish bull flag pattern.
The market could #rebound to $2.5 trillion by month's end, with further gains if it breaks the flag's resistance.
#Binance
#crypto2024
Hiiii
Advice of the day :
Don’t Panic-sell
Analyze first; then make a decision; panic selling is negative for the whole community
Stay strong
Regards!!!
#BeStrong #rebound #BTC100Ksoon #faith #BinanceTurns7
Advice of the day :
Don’t Panic-sell
Analyze first; then make a decision; panic selling is negative for the whole community
Stay strong
Regards!!!
#BeStrong #rebound #BTC100Ksoon #faith #BinanceTurns7
$DOGS is on the verge of something big!
Currently trading at $0.0009186, down 1.28%, this dip presents a perfect buying opportunity before the next major rally.
After reaching a peak of $0.0009600, $DOGS experienced a minor pullback to $0.0009125, indicating an oversold position and readiness for a strong recovery.
Market sentiment is buzzing, with bullish crossover and rebound mode activated.
Technical analysis supports this outlook, with an RSI of 30 (oversold) and MACD displaying green.
The next target is $0.0010000, potentially yielding a 9%+ gain.Don't miss this chance to invest in $DOGS before the rally. The dip is an opportunity to buy in at a favorable price.
#dogs #CryptoNewss #rebound #BuyTheDeep
Currently trading at $0.0009186, down 1.28%, this dip presents a perfect buying opportunity before the next major rally.
After reaching a peak of $0.0009600, $DOGS experienced a minor pullback to $0.0009125, indicating an oversold position and readiness for a strong recovery.
Market sentiment is buzzing, with bullish crossover and rebound mode activated.
Technical analysis supports this outlook, with an RSI of 30 (oversold) and MACD displaying green.
The next target is $0.0010000, potentially yielding a 9%+ gain.Don't miss this chance to invest in $DOGS before the rally. The dip is an opportunity to buy in at a favorable price.
#dogs #CryptoNewss #rebound #BuyTheDeep
🚨TECHNICAL ANALYSIS OF #ATAUSDT 🚨
Currently, $ATA is trading within a #FallingWedge pattern, which is typically a bullish reversal signal.
If $ATA fails to bounce back from the $0.0820-$0.0700 #SupportZone , the next critical level to watch is $0.0580. Historically, this level has provided strong support, making a #rebound here more likely.
However, if ATA breaks below these key support levels, bearish momentum could take over, potentially leading to a continuation of the #DownTrend .
Currently, $ATA is trading within a #FallingWedge pattern, which is typically a bullish reversal signal.
If $ATA fails to bounce back from the $0.0820-$0.0700 #SupportZone , the next critical level to watch is $0.0580. Historically, this level has provided strong support, making a #rebound here more likely.
However, if ATA breaks below these key support levels, bearish momentum could take over, potentially leading to a continuation of the #DownTrend .
