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Top Gaming Tokens PIXEL, YGG and PORTAL Gains Bullish Momentum: Key Levels To Watch Out
Date: Tue, Oct 22, 2024, 06:24 AM GMT
The cryptocurrency market is shining today as gaming tokens are making notable gains. Among them, Pixels (PIXEL), Yield Guild Games (YGG), and Portal (PORTAL) are showing impressive bullish momentum, both in the last hour and throughout the day.
Source: Coinmarketcap
Key Levels to Watch
Pixels (PIXEL)
$PIXEL has seen a remarkable rally of 25%, breaking out from its resistance zone at $0.1744 and currently trading at $0.1955. It is now approaching another resistance level at $0.2066. If this momentum continues, PIXEL could break through and target $0.2376. However, if it corrects, it may revisit the $0.1751 level before attempting a reversal.
Yield Guild Games (YGG)
$YGG is also experiencing a surge, climbing 6% to reach $0.5640. This price sits within a resistance zone, and a breakout above $0.60 could propel YGG towards a major rally, targeting $1.16, which would represent an increase of over 100% from its current price.
Portal (PORTAL)
$PORTAL is keeping pace with its peers, recording a 5% increase. With a market cap of $109 million, PORTAL has recently broken out from a downtrend line at the $0.32 level, which had been in place for the last three months. Currently trading at $0.3283, PORTAL may next approach its resistance level at $0.3444, with a potential breakout leading to a target price of $0.37.
As the gaming narrative heats up in the crypto space, keep an eye on these key levels for PIXEL, YGG, and PORTAL. The momentum is strong, but as always, investors should conduct their own research before making any decisions.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#GamingTokens #NFA
The cryptocurrency market is shining today as gaming tokens are making notable gains. Among them, Pixels (PIXEL), Yield Guild Games (YGG), and Portal (PORTAL) are showing impressive bullish momentum, both in the last hour and throughout the day.
Source: Coinmarketcap
Key Levels to Watch
Pixels (PIXEL)
$PIXEL has seen a remarkable rally of 25%, breaking out from its resistance zone at $0.1744 and currently trading at $0.1955. It is now approaching another resistance level at $0.2066. If this momentum continues, PIXEL could break through and target $0.2376. However, if it corrects, it may revisit the $0.1751 level before attempting a reversal.
Yield Guild Games (YGG)
$YGG is also experiencing a surge, climbing 6% to reach $0.5640. This price sits within a resistance zone, and a breakout above $0.60 could propel YGG towards a major rally, targeting $1.16, which would represent an increase of over 100% from its current price.
Portal (PORTAL)
$PORTAL is keeping pace with its peers, recording a 5% increase. With a market cap of $109 million, PORTAL has recently broken out from a downtrend line at the $0.32 level, which had been in place for the last three months. Currently trading at $0.3283, PORTAL may next approach its resistance level at $0.3444, with a potential breakout leading to a target price of $0.37.
As the gaming narrative heats up in the crypto space, keep an eye on these key levels for PIXEL, YGG, and PORTAL. The momentum is strong, but as always, investors should conduct their own research before making any decisions.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#GamingTokens #NFA
Is First Neiro on Ethereum (NEIRO) Repeating the Pattern That Triggered a 170% Rally Last Time?
Date: Mon, Oct 21, 2024, 03:32 PM GMTI
n the cryptocurrency market today, unexpected movements are shaking things up. Many traders anticipated Bitcoin (BTC) would break through the $70K mark, but instead, it has dropped to around $67K. This decline has impacted various major memecoins, including First Neiro on Ethereum (NEIRO), which has seen a price drop of nearly 8% in the last 24 hours, bringing its weekly loss to a total of 16%.
Source: Coinmarketcap
Is NEIRO Repeating the Same Pattern?
Despite the recent dip, $NEIRO price action suggests it could be gearing up for another big move. On October 3, the token retraced to a key support level after a 73% rally. From that point, NEIRO surged nearly 170%, catching many by surprise.
Source: TradingView
Now, NEIRO appears to be following a similar trajectory. After a 50% rally from a previous support zone, it has again dropped near a key level, showing potential signs of another reversal. As of now, NEIRO is trading at $0.001724. If history repeats, the token could aim for its $0.001875 resistance level in the coming hours.
What’s Next for NEIRO?
If NEIRO continues to mirror its previous patterns, the next few hours could present an opportunity for traders to capitalize on its momentum. However, given the volatile nature of the crypto market, it’s essential to remain cautious.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before making any investment decisions in the cryptocurrency market.
#NEIRO #firstnerioonetherium #NFA
n the cryptocurrency market today, unexpected movements are shaking things up. Many traders anticipated Bitcoin (BTC) would break through the $70K mark, but instead, it has dropped to around $67K. This decline has impacted various major memecoins, including First Neiro on Ethereum (NEIRO), which has seen a price drop of nearly 8% in the last 24 hours, bringing its weekly loss to a total of 16%.
Source: Coinmarketcap
Is NEIRO Repeating the Same Pattern?
Despite the recent dip, $NEIRO price action suggests it could be gearing up for another big move. On October 3, the token retraced to a key support level after a 73% rally. From that point, NEIRO surged nearly 170%, catching many by surprise.
Source: TradingView
Now, NEIRO appears to be following a similar trajectory. After a 50% rally from a previous support zone, it has again dropped near a key level, showing potential signs of another reversal. As of now, NEIRO is trading at $0.001724. If history repeats, the token could aim for its $0.001875 resistance level in the coming hours.
What’s Next for NEIRO?
If NEIRO continues to mirror its previous patterns, the next few hours could present an opportunity for traders to capitalize on its momentum. However, given the volatile nature of the crypto market, it’s essential to remain cautious.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before making any investment decisions in the cryptocurrency market.
#NEIRO #firstnerioonetherium #NFA
FTX Token (FTT) Forms Symmetrical Triangle: Is a Breakout on the Horizon?
Date: Tue, Oct 22, 2024, 04:52 PM GMT
In the cryptocurrency market today, Bitcoin (BTC) is experiencing volatility around the $67K level, causing many major altcoins to dip. However, FTX Token (FTT) has shown resilience, managing a small gain of 0.54% and currently trading at $2.05. Remarkably, $FTT has surged by 53% in the last 30 days, making it one of the standout performers recently.
Source: Coinmarketcap
Is a Breakout on the Horizon?
FTT is currently trading at $2.05 and is forming a symmetrical triangle on the 1-hour chart. This pattern suggests that a breakout could be imminent, as the price is locked in a tight consolidation phase. With momentum building, traders are watching closely for potential explosive price action.
Source: TradingView
There are two main scenarios to consider:
Breakout Scenario 1: FTT could break upwards, surpassing the downtrend line at the $2.10 level. If this happens, bulls might push the price higher, leading to rapid gains.Support Test Scenario 2: Alternatively, FTT might drop to its support trendline around $2.01. If it bounces back from there, a breakout could follow.
In either case, if FTT manages to break out from this symmetrical triangle, it is likely to approach its next key resistance level at around $2.15.
Conclusion
FTT's formation of a symmetrical triangle has traders on high alert for a breakout. The token's resilience, coupled with its recent performance, positions it as a potential mover in the crypto market. For investors and traders, understanding the implications of such a breakout could be crucial. If FTT breaches above $2.10, we might witness accelerated gains, in line with the bullish momentum it has demonstrated recently. Conversely, failure to break out could lead to a retest of lower support levels.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.
#FTXToken #FTT #NFA
In the cryptocurrency market today, Bitcoin (BTC) is experiencing volatility around the $67K level, causing many major altcoins to dip. However, FTX Token (FTT) has shown resilience, managing a small gain of 0.54% and currently trading at $2.05. Remarkably, $FTT has surged by 53% in the last 30 days, making it one of the standout performers recently.
Source: Coinmarketcap
Is a Breakout on the Horizon?
FTT is currently trading at $2.05 and is forming a symmetrical triangle on the 1-hour chart. This pattern suggests that a breakout could be imminent, as the price is locked in a tight consolidation phase. With momentum building, traders are watching closely for potential explosive price action.
Source: TradingView
There are two main scenarios to consider:
Breakout Scenario 1: FTT could break upwards, surpassing the downtrend line at the $2.10 level. If this happens, bulls might push the price higher, leading to rapid gains.Support Test Scenario 2: Alternatively, FTT might drop to its support trendline around $2.01. If it bounces back from there, a breakout could follow.
In either case, if FTT manages to break out from this symmetrical triangle, it is likely to approach its next key resistance level at around $2.15.
Conclusion
FTT's formation of a symmetrical triangle has traders on high alert for a breakout. The token's resilience, coupled with its recent performance, positions it as a potential mover in the crypto market. For investors and traders, understanding the implications of such a breakout could be crucial. If FTT breaches above $2.10, we might witness accelerated gains, in line with the bullish momentum it has demonstrated recently. Conversely, failure to break out could lead to a retest of lower support levels.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.
#FTXToken #FTT #NFA
Top Altcoins SOL, JASMY, and RUNE Form Cup and Handle Pattern: Is a Rally on the Horizon?
Date: Mon, Oct 21, 2024, 06:22 PM GMT
The cryptocurrency market has long been a playground for pattern enthusiasts, and recently, three prominent altcoins—Solana (SOL), Jasmycoin (JASMY), and THORChain (RUNE)—have sparked interest by displaying the classic "cup and handle" pattern on their price charts. This formation, known for heralding bullish continuations, suggests these assets might be poised for significant rallies. But what does this mean for investors, and should everyone gear up for a price surge?
Understanding the Cup and Handle Pattern
The cup and handle pattern is a bullish continuation pattern marked by:
The Cup: A rounded, “U-shaped” bottom formed after a price drop, indicating that the market has found support.The Handle: A period of sideways or slight downward movement, building momentum for the next potential rally.
Once the price breaks out above the handle, it often signals the start of a new upward trend.
Altcoins Showing This Pattern
1. Solana (SOL)
Solana is forming a textbook cup and handle pattern after navigating through both bull and bear cycles over the past three years. For the last six months, $SOL has fluctuated between $120 and $180 and currently trading at $165. Now, with signs of a breakout emerging, traders expect the token to push beyond its previous all-time high (ATH) of $220—and possibly even higher.
Credits: @iCryptoAnalyst (X)
2. JasmyCoin (JASMY)
Crypto analyst STEPH IS CRYPTO recently highlighted a bullish formation on JASMY's weekly chart and currently trading at $0.02034. According to him, if the breakout confirms, $JASMY could soar toward $0.62—a substantial gain from its current price. This has sparked optimism within the community, with many monitoring the pattern closely for confirmation.
Credits: @Steph_iscrypto (X)
3. Thorchain (RUNE)
Thorchain (RUNE) has also caught the spotlight, with a breakout already confirmed above the handle. Crypto trader @Aboozar_trader shared his chart analysis, predicting that $RUNE could rise toward its first resistance level of $12—a 140% increase from its current value of $4.95. If the momentum holds, this could mark the start of a significant rally.
Credits: @Aboozar_trader (X)
What Should Investors Expect?
If these patterns play out as expected, SOL, JASMY, and RUNE might offer solid upside potential in the coming weeks. However, like all technical analysis tools, the cup and handle is not foolproof. Investors should be mindful of other market conditions and external factors that might affect these tokens.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
#Analysis #NFA
The cryptocurrency market has long been a playground for pattern enthusiasts, and recently, three prominent altcoins—Solana (SOL), Jasmycoin (JASMY), and THORChain (RUNE)—have sparked interest by displaying the classic "cup and handle" pattern on their price charts. This formation, known for heralding bullish continuations, suggests these assets might be poised for significant rallies. But what does this mean for investors, and should everyone gear up for a price surge?
Understanding the Cup and Handle Pattern
The cup and handle pattern is a bullish continuation pattern marked by:
The Cup: A rounded, “U-shaped” bottom formed after a price drop, indicating that the market has found support.The Handle: A period of sideways or slight downward movement, building momentum for the next potential rally.
Once the price breaks out above the handle, it often signals the start of a new upward trend.
Altcoins Showing This Pattern
1. Solana (SOL)
Solana is forming a textbook cup and handle pattern after navigating through both bull and bear cycles over the past three years. For the last six months, $SOL has fluctuated between $120 and $180 and currently trading at $165. Now, with signs of a breakout emerging, traders expect the token to push beyond its previous all-time high (ATH) of $220—and possibly even higher.
Credits: @iCryptoAnalyst (X)
2. JasmyCoin (JASMY)
Crypto analyst STEPH IS CRYPTO recently highlighted a bullish formation on JASMY's weekly chart and currently trading at $0.02034. According to him, if the breakout confirms, $JASMY could soar toward $0.62—a substantial gain from its current price. This has sparked optimism within the community, with many monitoring the pattern closely for confirmation.
Credits: @Steph_iscrypto (X)
3. Thorchain (RUNE)
Thorchain (RUNE) has also caught the spotlight, with a breakout already confirmed above the handle. Crypto trader @Aboozar_trader shared his chart analysis, predicting that $RUNE could rise toward its first resistance level of $12—a 140% increase from its current value of $4.95. If the momentum holds, this could mark the start of a significant rally.
Credits: @Aboozar_trader (X)
What Should Investors Expect?
If these patterns play out as expected, SOL, JASMY, and RUNE might offer solid upside potential in the coming weeks. However, like all technical analysis tools, the cup and handle is not foolproof. Investors should be mindful of other market conditions and external factors that might affect these tokens.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
#Analysis #NFA
Aptos (APT) Soars with All-Time High TVL: Is a Major Rally Around the Corner?
Date: Tue, Oct 22, 2024, 06:15 AM GMI
n the cryptocurrency world, while Bitcoin (BTC) continues to dominate, hovering near $70K, the spotlight is starting to shift to some major altcoins. Among them is Aptos (APT), a top Layer-1 token, which has been riding the wave of BTC's dominance, surging 7% today and an impressive 40% over the past 30 days.
Source: Coinmarketcap
Aptos (APT) Hits All-Time High TVL
One of the key drivers behind Aptos' rally is the remarkable growth in its ecosystem. Today, Aptos reached a significant milestone with its Total Value Locked (TVL) hitting an all-time high of $916.26M. Analysts predict it could reach the $1B mark before the end of the month. This surge in TVL signals that more users and developers are embracing the Aptos network, which in turn boosts demand for the APT token.
Is a Major Rally Just Around the Corner?
From a technical perspective, Aptos is looking quite bullish. After a major breakout from the $9.36 level on October 13, $APT has continued its upward momentum.
Today, it hit a key resistance level of $11. If Aptos can break through this level, it could pave the way for a much larger rally, with potential targets of $13.81 and even $19.42 — a 75% upside from the current price. Given the strong price action and growing ecosystem, many believe Aptos is well-positioned for further gains.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Aptos #NFA
n the cryptocurrency world, while Bitcoin (BTC) continues to dominate, hovering near $70K, the spotlight is starting to shift to some major altcoins. Among them is Aptos (APT), a top Layer-1 token, which has been riding the wave of BTC's dominance, surging 7% today and an impressive 40% over the past 30 days.
Source: Coinmarketcap
Aptos (APT) Hits All-Time High TVL
One of the key drivers behind Aptos' rally is the remarkable growth in its ecosystem. Today, Aptos reached a significant milestone with its Total Value Locked (TVL) hitting an all-time high of $916.26M. Analysts predict it could reach the $1B mark before the end of the month. This surge in TVL signals that more users and developers are embracing the Aptos network, which in turn boosts demand for the APT token.
Is a Major Rally Just Around the Corner?
From a technical perspective, Aptos is looking quite bullish. After a major breakout from the $9.36 level on October 13, $APT has continued its upward momentum.
Today, it hit a key resistance level of $11. If Aptos can break through this level, it could pave the way for a much larger rally, with potential targets of $13.81 and even $19.42 — a 75% upside from the current price. Given the strong price action and growing ecosystem, many believe Aptos is well-positioned for further gains.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Aptos #NFA
Back in Jan, I thought buying $OM under $0.20 was a smart move. Look at it now - sitting at $1.48.
Wild ride.
Feels like we're in a consolidation phase after that big run. Once we cement a floor at $1.50, I expect to see another leg up, especially if the upcoming U.S. elections go in favor of crypto-friendly leadership.
#MANTRA #NFA #RWA #Trending
Wild ride.
Feels like we're in a consolidation phase after that big run. Once we cement a floor at $1.50, I expect to see another leg up, especially if the upcoming U.S. elections go in favor of crypto-friendly leadership.
#MANTRA #NFA #RWA #Trending
Analyst Highlights Bullish Signs for Chainlink (LINK) and Oasis (ROSE) – Is A Rally on Horizon?
Date: Tue, Oct 22, 2024, 10:46 AM GMTAs the cryptocurrency market continues to fluctuate, Bitcoin (BTC) hovers around the $67,000 mark. Traders are eyeing a potential bounce above $70K, which could spark a fresh rally across the market. While Bitcoin’s performance grabs headlines, some altcoins are also gaining attention. Aptos (APT) and Uniswap (UNI) are showing upward momentum.
In particular, analyst @CryptoBull_360 has shared insights on two notable altcoins: Chainlink (LINK) and Oasis (ROSE). While the performance of both tokens over the past 30 days hasn’t been particularly striking, the next moves highlighted by the analyst could lead them to mark major gains ahead.
Source: Coinmarketcap
Chainlink (LINK):
Chainlink, known for its decentralized oracle networks, is trading at approximately $12.13. analyst believe that $LINK is poised for a major rally ahead. The price action shows it has recently retested its ascending triangle, flipping off support and resistance levels. With increasing trading volume, the sentiment around LINK is bullish, suggesting that traders should keep a close watch on its next moves.
@CryptoBull_360's analysis suggests that LINK could reach to $13.50 price level ahead.
Oasis Network (ROSE):
Oasis Network, with its privacy-enabled blockchain architecture, sees its native token, $ROSE , at $0.07299. The analyst highlighted a short-term breakout opportunity from a rising wedge pattern on the 4-hour timeframe. A successful breakout from this pattern, coupled with a flip of the trendline into support, could propel ROSE towards higher price levels.
The increased trading volume supports this optimistic outlook, signaling growing interest and potential momentum.
Is a Rally Coming?
While the past month hasn’t been spectacular for either token, the analyst’s insights suggest that both LINK and ROSE may be on the verge of major gains. The bullish patterns and rising volume are indicators that traders should pay attention to in the coming days.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Altcoins #Analysis #NFA
In particular, analyst @CryptoBull_360 has shared insights on two notable altcoins: Chainlink (LINK) and Oasis (ROSE). While the performance of both tokens over the past 30 days hasn’t been particularly striking, the next moves highlighted by the analyst could lead them to mark major gains ahead.
Source: Coinmarketcap
Chainlink (LINK):
Chainlink, known for its decentralized oracle networks, is trading at approximately $12.13. analyst believe that $LINK is poised for a major rally ahead. The price action shows it has recently retested its ascending triangle, flipping off support and resistance levels. With increasing trading volume, the sentiment around LINK is bullish, suggesting that traders should keep a close watch on its next moves.
@CryptoBull_360's analysis suggests that LINK could reach to $13.50 price level ahead.
Oasis Network (ROSE):
Oasis Network, with its privacy-enabled blockchain architecture, sees its native token, $ROSE , at $0.07299. The analyst highlighted a short-term breakout opportunity from a rising wedge pattern on the 4-hour timeframe. A successful breakout from this pattern, coupled with a flip of the trendline into support, could propel ROSE towards higher price levels.
The increased trading volume supports this optimistic outlook, signaling growing interest and potential momentum.
Is a Rally Coming?
While the past month hasn’t been spectacular for either token, the analyst’s insights suggest that both LINK and ROSE may be on the verge of major gains. The bullish patterns and rising volume are indicators that traders should pay attention to in the coming days.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Altcoins #Analysis #NFA
POPCAT Continues to Dominate With Double-Digit Gains: Is a New ATH Coming?
Date: Tue, Oct 22, 2024, 02:59 PM GMT
In today's cryptocurrency market, Bitcoin (BTC) is experiencing volatility at the $67K level, leading most major memecoins to drop. However, the Solana-based cat-themed memecoin leader, Popcat (POPCAT), is bucking the trend. Despite the bearish market pressure, POPCAT continues to shine with impressive gains of 11.0%.
Source: Coinmarketcap
Breakout From Tight Range
Today's rally was sparked when $POPCAT broke free from a tight resistance zone between $1.39 and $1.43. This level had previously rejected the POPCAT three times, forcing it down to a support level of $1.22.
Source: TradingView
However, POPCAT has now successfully cleared this resistance, currently trading at around $1.45. If it can maintain this momentum, we might see a retest before aiming for the next resistance level of $1.56, which represents its all-time high (ATH). Should this bullish trend continue, a new ATH for POPCAT could be on the horizon in the coming days.
Marketcap Growth
The recent surge has propelled POPCAT to the 56th rank in market capitalization, with a market cap of $1.41 billion. This growth has allowed POPCAT to flip notable tokens like Jupiter (JUP) and Theta Network (THETA) in market cap rankings.
Source: Coinmarketcap
As interest in memecoins rises among investors, the outlook for POPCAT remains positive. If the current trends hold, we might soon witness even more impressive performances from this popular token.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies
#Popcat #Memecoins #NFA
In today's cryptocurrency market, Bitcoin (BTC) is experiencing volatility at the $67K level, leading most major memecoins to drop. However, the Solana-based cat-themed memecoin leader, Popcat (POPCAT), is bucking the trend. Despite the bearish market pressure, POPCAT continues to shine with impressive gains of 11.0%.
Source: Coinmarketcap
Breakout From Tight Range
Today's rally was sparked when $POPCAT broke free from a tight resistance zone between $1.39 and $1.43. This level had previously rejected the POPCAT three times, forcing it down to a support level of $1.22.
Source: TradingView
However, POPCAT has now successfully cleared this resistance, currently trading at around $1.45. If it can maintain this momentum, we might see a retest before aiming for the next resistance level of $1.56, which represents its all-time high (ATH). Should this bullish trend continue, a new ATH for POPCAT could be on the horizon in the coming days.
Marketcap Growth
The recent surge has propelled POPCAT to the 56th rank in market capitalization, with a market cap of $1.41 billion. This growth has allowed POPCAT to flip notable tokens like Jupiter (JUP) and Theta Network (THETA) in market cap rankings.
Source: Coinmarketcap
As interest in memecoins rises among investors, the outlook for POPCAT remains positive. If the current trends hold, we might soon witness even more impressive performances from this popular token.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies
#Popcat #Memecoins #NFA
Apecoin (APE) and dYdX (DYDX) Rally Together – Are They Following the Same Trend?
Date: Mon, Oct 21, 2024, 12:11 PM GMT
In the cryptocurrency market, the top gainers are led by two standout altcoins: Apecoin (APE) and dYdX (DYDX). Apecoin has surged by over 100%, while DYDX has rallied 27% over the past 7 days.Both tokens show impressive breakouts from their downtrend patterns, raising the question: Are they following the same trend? Let’s dive into their price movements and what to expect next.
Source: Coinmarketcap
Apecoin (APE)
$APE is enjoying a strong rally, fueled by the launch of its mainnet, Apechain. This development has drawn significant attention from the crypto community, pushing the token’s weekly gains to 112%. APE is currently trading at $1.61 after overcoming several resistance levels.
Key Price Action:Breakout: APE broke out of its downtrendline at $0.76, marking the start of its bullish rally.Current Resistance: The token hit resistance at $1.76, faced rejection, and is now consolidating around $1.55.Next Targets: A breakout above $1.82 could send APE toward the $2.05 and $2.71 resistance levels.
Outlook: APE may take a breather and consolidate at its current levels before making another upward move.
dYdX (DYDX)
$DYDX is showing similar bullish behavior, rallying ahead of a key event happening today in Dubai from 10:30 AM to 4:30 PM GMT+. Like APE, DYDX also broke out from its downtrendline at $1.00, setting the stage for further gains.
Key Price Action:Resistance Test: DYDX hit a resistance level of $1.31 but was rejected and is now trading near $1.22.Next Targets: If it reverses from this support, the token could climb to $1.49 and $2.22.
Outlook: With the Dubai event potentially acting as a catalyst, DYDX could see another push higher if market sentiment remains positive.
Are They Following the Same Trend?
Both APE and DYDX are showing parallel trends:
Breakouts from key downtrendlinesSharp rallies with temporary rejections at resistance levelsPotential for further upside with upcoming catalysts
The similarity in their patterns suggests that both tokens are riding a wave of bullish sentiment, though for slightly different reasons – APE due to the Apechain launch and DYDX ahead of its Dubai event.
What’s Next?
Apecoin (APE): Expect some consolidation, but breaking $1.82 could lead to another rally toward higher levels.dYdX (DYDX): If positive developments come from the Dubai event, DYDX could surge beyond $1.49, unlocking new resistance levels.
Both tokens are worth watching, as they may continue their upward momentum if key resistance levels are broken.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Altcoins #Analysis #NFA
In the cryptocurrency market, the top gainers are led by two standout altcoins: Apecoin (APE) and dYdX (DYDX). Apecoin has surged by over 100%, while DYDX has rallied 27% over the past 7 days.Both tokens show impressive breakouts from their downtrend patterns, raising the question: Are they following the same trend? Let’s dive into their price movements and what to expect next.
Source: Coinmarketcap
Apecoin (APE)
$APE is enjoying a strong rally, fueled by the launch of its mainnet, Apechain. This development has drawn significant attention from the crypto community, pushing the token’s weekly gains to 112%. APE is currently trading at $1.61 after overcoming several resistance levels.
Key Price Action:Breakout: APE broke out of its downtrendline at $0.76, marking the start of its bullish rally.Current Resistance: The token hit resistance at $1.76, faced rejection, and is now consolidating around $1.55.Next Targets: A breakout above $1.82 could send APE toward the $2.05 and $2.71 resistance levels.
Outlook: APE may take a breather and consolidate at its current levels before making another upward move.
dYdX (DYDX)
$DYDX is showing similar bullish behavior, rallying ahead of a key event happening today in Dubai from 10:30 AM to 4:30 PM GMT+. Like APE, DYDX also broke out from its downtrendline at $1.00, setting the stage for further gains.
Key Price Action:Resistance Test: DYDX hit a resistance level of $1.31 but was rejected and is now trading near $1.22.Next Targets: If it reverses from this support, the token could climb to $1.49 and $2.22.
Outlook: With the Dubai event potentially acting as a catalyst, DYDX could see another push higher if market sentiment remains positive.
Are They Following the Same Trend?
Both APE and DYDX are showing parallel trends:
Breakouts from key downtrendlinesSharp rallies with temporary rejections at resistance levelsPotential for further upside with upcoming catalysts
The similarity in their patterns suggests that both tokens are riding a wave of bullish sentiment, though for slightly different reasons – APE due to the Apechain launch and DYDX ahead of its Dubai event.
What’s Next?
Apecoin (APE): Expect some consolidation, but breaking $1.82 could lead to another rally toward higher levels.dYdX (DYDX): If positive developments come from the Dubai event, DYDX could surge beyond $1.49, unlocking new resistance levels.
Both tokens are worth watching, as they may continue their upward momentum if key resistance levels are broken.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Altcoins #Analysis #NFA
Is $SUI Gearing Up for a Breakout? Symmetrical Triangle and Bullish MACD Signal Major Upside
Date: Mon, Oct 21, 2024, 07:25 AM GMT
The cryptocurrency market kicked off the new week on a high note, with Bitcoin (BTC) successfully crossing the $69,000 mark and aiming for the coveted $70,000 milestone. This surge has positively impacted many major altcoins, including Solana (SOL), Cardano (ADA), and Fantom (FTM), which are all seeing gains. Among these, Sui (SUI) has also made a notable increase of 1.91% in the last 24 hours.
After facing a recent setback from its all-time high of $2.36 on October 13, SUI dipped to a low of $1.97. However, buoyed by the current market momentum, it has rebounded to a price of $2.09, marking a remarkable 41% gain over the past 30 days.
Source: Coinmarketcap
Potential for a Breakout
Many analysts believe that $SUI is on the brink of a significant breakout. According to @Moon_Whales_, a crypto trading firm, SUI is forming a symmetrical triangle pattern, which is indicative of a potential explosive move. They noted that the MACD (Moving Average Convergence Divergence) indicator has flipped bullish, suggesting that the momentum is shifting in favor of SUI.
Credits: @Moon_Whales_ (X)
Traders are closely watching the $2.15 resistance level; if SUI manages to clear this point, analysts expect a substantial rally ahead. The building momentum indicates that there is plenty of room for growth if the breakout occurs.
Ecosystem Growth
A major factor contributing to SUI's bullish outlook is its robust ecosystem growth. According to data from Suivision, SUI has experienced a significant increase in total transactions and active addresses since June 2024. Currently, total transactions stand at an impressive $6.19 billion, while total active addresses have reached 24.22 million, showing a continuous upward trend in these metrics.
Source: Suivision
Conclusion
As SUI continues to demonstrate resilience and growth, traders and investors alike are keeping a close eye on its price movements. With the potential for a breakout and a thriving ecosystem, SUI may soon become a hot topic in the cryptocurrency world.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#SUI #NFA
The cryptocurrency market kicked off the new week on a high note, with Bitcoin (BTC) successfully crossing the $69,000 mark and aiming for the coveted $70,000 milestone. This surge has positively impacted many major altcoins, including Solana (SOL), Cardano (ADA), and Fantom (FTM), which are all seeing gains. Among these, Sui (SUI) has also made a notable increase of 1.91% in the last 24 hours.
After facing a recent setback from its all-time high of $2.36 on October 13, SUI dipped to a low of $1.97. However, buoyed by the current market momentum, it has rebounded to a price of $2.09, marking a remarkable 41% gain over the past 30 days.
Source: Coinmarketcap
Potential for a Breakout
Many analysts believe that $SUI is on the brink of a significant breakout. According to @Moon_Whales_, a crypto trading firm, SUI is forming a symmetrical triangle pattern, which is indicative of a potential explosive move. They noted that the MACD (Moving Average Convergence Divergence) indicator has flipped bullish, suggesting that the momentum is shifting in favor of SUI.
Credits: @Moon_Whales_ (X)
Traders are closely watching the $2.15 resistance level; if SUI manages to clear this point, analysts expect a substantial rally ahead. The building momentum indicates that there is plenty of room for growth if the breakout occurs.
Ecosystem Growth
A major factor contributing to SUI's bullish outlook is its robust ecosystem growth. According to data from Suivision, SUI has experienced a significant increase in total transactions and active addresses since June 2024. Currently, total transactions stand at an impressive $6.19 billion, while total active addresses have reached 24.22 million, showing a continuous upward trend in these metrics.
Source: Suivision
Conclusion
As SUI continues to demonstrate resilience and growth, traders and investors alike are keeping a close eye on its price movements. With the potential for a breakout and a thriving ecosystem, SUI may soon become a hot topic in the cryptocurrency world.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#SUI #NFA
See original
#BTC update
W: closes a beautiful candle creating a bullish pattern + breaks the trendline but this time it touches the strong selling zone in the past so consider not to fomo at this 69kx70k segment but wait for a correction and then follow the trend, it's not too late
H1: running in the channel after the previous kill pump dump at 65k, if you are long, wait for a correction to return there
Dom: short term touches 59 then decreases and breaks the nearest support around 58.6, expected to find it again around 58
Wishing you guys a lucky start of the week 🍀
#HCTRADECOIN #NFA #DYOR
W: closes a beautiful candle creating a bullish pattern + breaks the trendline but this time it touches the strong selling zone in the past so consider not to fomo at this 69kx70k segment but wait for a correction and then follow the trend, it's not too late
H1: running in the channel after the previous kill pump dump at 65k, if you are long, wait for a correction to return there
Dom: short term touches 59 then decreases and breaks the nearest support around 58.6, expected to find it again around 58
Wishing you guys a lucky start of the week 🍀
#HCTRADECOIN #NFA #DYOR
Top 3 Solana-Based Memecoins to Watch This Week: POPCAT, MEW, or BOME—Who Will Lead the Rally?
Date: Mon, Oct 21, 2024, 06:10 AM GMT
The new week kicks off with excitement in the cryptocurrency market as Bitcoin (BTC) crosses $69K and inches closer to the $70K mark. Alongside BTC’s surge, Solana-based memecoins are also gaining significant momentum, with Popcat (POPCAT), Cat in a Dogs World (MEW), and Book of Meme (BOME) emerging as key players. These tokens have shown impressive performance in both weekly and monthly metrics, hinting at a potential rally ahead.
Source: Coinmarketcap
Popcat (POPCAT)
$POPCAT has become one of the top-performing memecoins today, surging 10% in the last 24 hours and recording a staggering 55% growth over the past 30 days. With its market cap now at $1.36 billion, POPCAT has outpaced Jupiter (JUP) and Worldcoin (WLD).
Currently trading at $1.39, the token is testing a resistance zone between $1.38 and $1.43. If it successfully breaks through, POPCAT could reach a new all-time high of $1.56, representing an 11% upside from its current price.
Cat in a Dogs World (MEW)
$MEW, now the fourth-largest Solana-based memecoin by market cap, has experienced a 34% rally over the last 7 days and a whopping 90% surge in the past month. It’s currently up by 17% today, trading at $0.010.
The token’s latest push follows a successful retest of its $0.0090 breakout level. With the breakout confirmed, MEW is expected to climb by an additional 25% to 30% this week, solidifying its bullish momentum.
Book of Meme (BOME)
$BOME is another rising star in the Solana memecoin space, boasting 40% growth in the last 30 days. On the daily chart, the token recently broke out of a falling wedge pattern, clearing the $0.0074 resistance level.
Now trading at $0.009594, BOME has successfully retested support at $0.0082, setting the stage for a move toward $0.01139—a potential 20% gain from its current price.
Who Will Lead the Rally?
While all three memecoins carries solid upside potential, Cat in a Dogs World (MEW) appears the most promising for now. Its confirmed breakout and retest position it for a significant push in the coming days, making it a key token to watch this week.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Memecoins #NFA
The new week kicks off with excitement in the cryptocurrency market as Bitcoin (BTC) crosses $69K and inches closer to the $70K mark. Alongside BTC’s surge, Solana-based memecoins are also gaining significant momentum, with Popcat (POPCAT), Cat in a Dogs World (MEW), and Book of Meme (BOME) emerging as key players. These tokens have shown impressive performance in both weekly and monthly metrics, hinting at a potential rally ahead.
Source: Coinmarketcap
Popcat (POPCAT)
$POPCAT has become one of the top-performing memecoins today, surging 10% in the last 24 hours and recording a staggering 55% growth over the past 30 days. With its market cap now at $1.36 billion, POPCAT has outpaced Jupiter (JUP) and Worldcoin (WLD).
Currently trading at $1.39, the token is testing a resistance zone between $1.38 and $1.43. If it successfully breaks through, POPCAT could reach a new all-time high of $1.56, representing an 11% upside from its current price.
Cat in a Dogs World (MEW)
$MEW, now the fourth-largest Solana-based memecoin by market cap, has experienced a 34% rally over the last 7 days and a whopping 90% surge in the past month. It’s currently up by 17% today, trading at $0.010.
The token’s latest push follows a successful retest of its $0.0090 breakout level. With the breakout confirmed, MEW is expected to climb by an additional 25% to 30% this week, solidifying its bullish momentum.
Book of Meme (BOME)
$BOME is another rising star in the Solana memecoin space, boasting 40% growth in the last 30 days. On the daily chart, the token recently broke out of a falling wedge pattern, clearing the $0.0074 resistance level.
Now trading at $0.009594, BOME has successfully retested support at $0.0082, setting the stage for a move toward $0.01139—a potential 20% gain from its current price.
Who Will Lead the Rally?
While all three memecoins carries solid upside potential, Cat in a Dogs World (MEW) appears the most promising for now. Its confirmed breakout and retest position it for a significant push in the coming days, making it a key token to watch this week.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Memecoins #NFA
DYDX Gains Momentum with 30% Breakout Rally Ahead of Major Event
Date: Sun, Oct 20, 2024, 02:14 PM GMT
In the cryptocurrency market today, Apecoin (APE) is making headlines with a massive rally of over 100% in the last 24 hours. However, it’s not the only token on the rise. DYDX, the decentralized exchange (DEX) known for trading perpetual futures contracts, has also experienced a significant surge, with its native token DYDX jumping by more than 30% today.
Source: Coinmarketcap
Major Breakout
The impressive rally follows a major breakout from a Descending Triangle pattern. The breakout occurred at a price level of $0.9646, leading to a notable jump in value. Currently, $DYDX is trading at approximately $1.26, marking a 31% increase from the breakout point.
If the bullish momentum continues, analysis indicates the next resistance levels to watch are $1.45 and $2.13. Traders are now eyeing these levels closely, anticipating further movement in the coming days.
Major Event
The sudden rally comes just one day before a major event, “dYdX Day Dubai,” scheduled for October 21, 2024. The event has sparked excitement among investors, with speculation mounting about possible announcements or product launches.
Source: Luma
Adding to the hype, Charles d'Haussy, CEO of the dYdX Foundation, teased the community on X (formerly Twitter) with a cryptic message:
"Tomorrow at #dYdX Day, speakers will unveil moats, trojan horses, and flywheels."
By mentioning these iconic historical symbols "moats, trojan horses, and flywheels" , d'Haussy is likely being ironic or sarcastic, implying that whatever will be announced at dYdX Day might seem as revolutionary or monumental as these concepts—but probably won’t be that grand.
Source: X
What’s Next for DYDX?
With the event-driven rally already underway, DYDX holders are looking forward to any surprises at dYdX Day Dubai. New product announcements, partnerships, or even updates about the future of the platform could fuel further price movements.
If the bullish sentiment persists beyond the event, the token could potentially test its higher resistance levels and maintain its upward trajectory. However, as always, volatility in the crypto market means anything can happen.
Get more updates at: coinsprobe.com
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before investing in any cryptocurrency.
#DYDX #NFA
In the cryptocurrency market today, Apecoin (APE) is making headlines with a massive rally of over 100% in the last 24 hours. However, it’s not the only token on the rise. DYDX, the decentralized exchange (DEX) known for trading perpetual futures contracts, has also experienced a significant surge, with its native token DYDX jumping by more than 30% today.
Source: Coinmarketcap
Major Breakout
The impressive rally follows a major breakout from a Descending Triangle pattern. The breakout occurred at a price level of $0.9646, leading to a notable jump in value. Currently, $DYDX is trading at approximately $1.26, marking a 31% increase from the breakout point.
If the bullish momentum continues, analysis indicates the next resistance levels to watch are $1.45 and $2.13. Traders are now eyeing these levels closely, anticipating further movement in the coming days.
Major Event
The sudden rally comes just one day before a major event, “dYdX Day Dubai,” scheduled for October 21, 2024. The event has sparked excitement among investors, with speculation mounting about possible announcements or product launches.
Source: Luma
Adding to the hype, Charles d'Haussy, CEO of the dYdX Foundation, teased the community on X (formerly Twitter) with a cryptic message:
"Tomorrow at #dYdX Day, speakers will unveil moats, trojan horses, and flywheels."
By mentioning these iconic historical symbols "moats, trojan horses, and flywheels" , d'Haussy is likely being ironic or sarcastic, implying that whatever will be announced at dYdX Day might seem as revolutionary or monumental as these concepts—but probably won’t be that grand.
Source: X
What’s Next for DYDX?
With the event-driven rally already underway, DYDX holders are looking forward to any surprises at dYdX Day Dubai. New product announcements, partnerships, or even updates about the future of the platform could fuel further price movements.
If the bullish sentiment persists beyond the event, the token could potentially test its higher resistance levels and maintain its upward trajectory. However, as always, volatility in the crypto market means anything can happen.
Get more updates at: coinsprobe.com
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before investing in any cryptocurrency.
#DYDX #NFA
Trending Memecoins SPX, GIGA, and APU on a Bullish Rally: What’s Fueling the Surge?
Date: Mon, Oct 21, 2024, 05:12 AM GMT
The cryptocurrency market kicked off the new week with excitement as Bitcoin (BTC) crossed $69,000, inching closer to the highly anticipated $70K mark. Alongside BTC’s rally, a wave of memecoins has been stealing the spotlight, with SPX6900 (SPX), Gigachad (GIGA), and Apu Apustaja (APU) surging impressively over the last 24 hours.
SPX6900 (SPX): +35% in the last 24 hoursGigachad (GIGA): +20% daily gainApu Apustaja (APU): +7% increase
Over the past month, these tokens have delivered jaw-dropping returns:
SPX6900 (SPX): +2000%GIGA: +216%APU: +329%
Source: Coinmarketcap
What’s Fueling the Surge?
The recent bullish momentum in these memecoins is tied to Murad, a prominent memecoin investor and analyst. The surge gained traction after on-chain investigator ZachXBT publicly disclosed Murad’s holdings, sparking a rush into several memecoins in his portfolio—including SPX, GIGA, and APU.
Adding to the excitement, Murad himself tweeted about an upcoming “Memecoin Supercycle”, predicting exponential price increases:
“This is how I expect the Memecoin Supercycle to play out. Two more Bullish Parabolas. Humans underestimate Exponentials.”
In a follow-up post, Murad even shared a futuristic price list, suggesting the potential for further explosive growth in these tokens. This has fueled speculation and excitement among retail investors hoping to ride the wave.
Source: @MustStopMurad (X)
A Word of Caution
While the rally has attracted attention, it's essential to keep in mind that memecoins carry significant risks. Their extreme volatility can result in quick gains, but losses can be just as rapid. Investors are encouraged to stay cautious and avoid investing more than they can afford to lose.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before making any investment decisions in cryptocurrencies.
#Memecoins #SPX6900 #NFA
The cryptocurrency market kicked off the new week with excitement as Bitcoin (BTC) crossed $69,000, inching closer to the highly anticipated $70K mark. Alongside BTC’s rally, a wave of memecoins has been stealing the spotlight, with SPX6900 (SPX), Gigachad (GIGA), and Apu Apustaja (APU) surging impressively over the last 24 hours.
SPX6900 (SPX): +35% in the last 24 hoursGigachad (GIGA): +20% daily gainApu Apustaja (APU): +7% increase
Over the past month, these tokens have delivered jaw-dropping returns:
SPX6900 (SPX): +2000%GIGA: +216%APU: +329%
Source: Coinmarketcap
What’s Fueling the Surge?
The recent bullish momentum in these memecoins is tied to Murad, a prominent memecoin investor and analyst. The surge gained traction after on-chain investigator ZachXBT publicly disclosed Murad’s holdings, sparking a rush into several memecoins in his portfolio—including SPX, GIGA, and APU.
Adding to the excitement, Murad himself tweeted about an upcoming “Memecoin Supercycle”, predicting exponential price increases:
“This is how I expect the Memecoin Supercycle to play out. Two more Bullish Parabolas. Humans underestimate Exponentials.”
In a follow-up post, Murad even shared a futuristic price list, suggesting the potential for further explosive growth in these tokens. This has fueled speculation and excitement among retail investors hoping to ride the wave.
Source: @MustStopMurad (X)
A Word of Caution
While the rally has attracted attention, it's essential to keep in mind that memecoins carry significant risks. Their extreme volatility can result in quick gains, but losses can be just as rapid. Investors are encouraged to stay cautious and avoid investing more than they can afford to lose.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before making any investment decisions in cryptocurrencies.
#Memecoins #SPX6900 #NFA
Top AI Tokens TAO, RENDER, and FET Find Strong Support: Is a Reversal Coming?
Date: Sun, Oct 20, 2024, 11:25 AM GMT
The crypto market has maintained steady momentum, with Bitcoin (BTC) trading above $68,000 and closing in on the $70K mark. However, some key AI-related altcoins, including Bittensor (TAO), Render (RENDER), and Artificial SuperIntelligence Alliance (FET), have faced challenges over the past week, pushing them down to crucial support levels. These dips could signal an upcoming reversal if the trend changes soon.
Source: Coinmarketcap
Bittensor (TAO)
$TAO has delivered impressive gains over the last 30 days, rallying from $350 to $683. However, this week, the token experienced a correction of nearly 10%, bringing it down to $570.
The good news? TAO's price action has formed an upsloping flag pattern, a technical structure often seen before breakouts. With the token showing resilience at the $560 support level, it suggests buyers are stepping in. If this momentum holds, TAO could climb back toward $740 — a 27% gain from its current price.
Render (RENDER)
$RENDER , the leader in decentralized GPU-based rendering, has also hit some turbulence, now trading at $5.32 after facing rejection near the $6.79 mark. However, the price action suggests that a reversal may be on the horizon.
The token has previously bounced off its downward trendline support, and it's now following a similar trajectory. If it mirrors past movements, RENDER could target the $7.00 level, offering a solid upside for investors looking to catch the rebound.
Artificial SuperIntelligence Alliance (FET)
$FET , one of the top tokens in the AI sector, has been struggling recently, dropping over 10% in the past month. It's currently consolidating in a resistance zone between $1.32 and $1.45, waiting for a decisive breakout.
If FET breaks above this range, the next key target is $1.71. Traders will be watching closely for a breakout from this consolidation phase, which could mark the beginning of a recovery trend.
Conclusion
While the recent pullbacks in TAO, RENDER, and FET may seem concerning, these AI tokens are approaching critical support levels that could trigger reversals. If the market maintains its positive outlook, these tokens could soon reclaim their highs and offer impressive returns.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
#AITokens #NFA
The crypto market has maintained steady momentum, with Bitcoin (BTC) trading above $68,000 and closing in on the $70K mark. However, some key AI-related altcoins, including Bittensor (TAO), Render (RENDER), and Artificial SuperIntelligence Alliance (FET), have faced challenges over the past week, pushing them down to crucial support levels. These dips could signal an upcoming reversal if the trend changes soon.
Source: Coinmarketcap
Bittensor (TAO)
$TAO has delivered impressive gains over the last 30 days, rallying from $350 to $683. However, this week, the token experienced a correction of nearly 10%, bringing it down to $570.
The good news? TAO's price action has formed an upsloping flag pattern, a technical structure often seen before breakouts. With the token showing resilience at the $560 support level, it suggests buyers are stepping in. If this momentum holds, TAO could climb back toward $740 — a 27% gain from its current price.
Render (RENDER)
$RENDER , the leader in decentralized GPU-based rendering, has also hit some turbulence, now trading at $5.32 after facing rejection near the $6.79 mark. However, the price action suggests that a reversal may be on the horizon.
The token has previously bounced off its downward trendline support, and it's now following a similar trajectory. If it mirrors past movements, RENDER could target the $7.00 level, offering a solid upside for investors looking to catch the rebound.
Artificial SuperIntelligence Alliance (FET)
$FET , one of the top tokens in the AI sector, has been struggling recently, dropping over 10% in the past month. It's currently consolidating in a resistance zone between $1.32 and $1.45, waiting for a decisive breakout.
If FET breaks above this range, the next key target is $1.71. Traders will be watching closely for a breakout from this consolidation phase, which could mark the beginning of a recovery trend.
Conclusion
While the recent pullbacks in TAO, RENDER, and FET may seem concerning, these AI tokens are approaching critical support levels that could trigger reversals. If the market maintains its positive outlook, these tokens could soon reclaim their highs and offer impressive returns.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
#AITokens #NFA
Top Altcoins to Watch Out For Potential Gains This Week: LTC and BNB in Focus
Date: Sun, Oct 20, 2024, 10:01 AM GMT
The cryptocurrency market is riding a wave of optimism as Bitcoin (BTC) trades above $68,000, inching closer to the $70K mark. Following BTC's rally, several altcoins have started to make impressive moves. This week, two standout altcoins—Litecoin (LTC) and Binance Coin (BNB)—are showing significant potential for further gains. Here’s what to expect:
1) Litecoin (LTC)
Often known as the "silver to Bitcoin's gold," Litecoin is regaining momentum, with a 13% surge in the past seven days. The recent boost comes after Canary Capital's groundbreaking move on October 15, filing the first-ever Form S-1 for a Litecoin ETF with the U.S. Securities and Exchange Commission (SEC). This filing has generated excitement, positioning $LTC as one of the top-performing coins this week.
Current Price: $74.57Resistance Zone: $73.06 – $76.66
If LTC can break above the $76.66 resistance, it could target the next major resistance level of $88.34—about 20% higher than the current price. With Bitcoin’s bullish trend and the ETF buzz, LTC is well-positioned to climb further.
2) Binance Coin (BNB)
BNB has also shown steady growth, rising 4% in the last seven days. The recent release of Changpeng Zhao (CZ), Binance’s former CEO, has brought renewed optimism to the Binance ecosystem, boosting market sentiment around $BNB .
Current Price: $597Resistance Zone: $596– $619
BNB has been stuck at this $610 level resistance for the past four months, facing multiple rejections at this level. However, with Q4 looking bullish across the broader crypto market, a breakout could finally be on the horizon. If BNB clears this resistance, it could surge towards its all-time high of $723, representing an 18% increase from its current price.
Conclusion
Both LTC and BNB are at critical levels this week, offering attractive opportunities for gains if they break through their respective resistances. With market sentiment shifting towards a bullish Q4, these two altcoins could be ones to watch closely. However, as with any investment, it's essential to proceed with caution.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies
#Altcoins #Analysis #NFA
The cryptocurrency market is riding a wave of optimism as Bitcoin (BTC) trades above $68,000, inching closer to the $70K mark. Following BTC's rally, several altcoins have started to make impressive moves. This week, two standout altcoins—Litecoin (LTC) and Binance Coin (BNB)—are showing significant potential for further gains. Here’s what to expect:
1) Litecoin (LTC)
Often known as the "silver to Bitcoin's gold," Litecoin is regaining momentum, with a 13% surge in the past seven days. The recent boost comes after Canary Capital's groundbreaking move on October 15, filing the first-ever Form S-1 for a Litecoin ETF with the U.S. Securities and Exchange Commission (SEC). This filing has generated excitement, positioning $LTC as one of the top-performing coins this week.
Current Price: $74.57Resistance Zone: $73.06 – $76.66
If LTC can break above the $76.66 resistance, it could target the next major resistance level of $88.34—about 20% higher than the current price. With Bitcoin’s bullish trend and the ETF buzz, LTC is well-positioned to climb further.
2) Binance Coin (BNB)
BNB has also shown steady growth, rising 4% in the last seven days. The recent release of Changpeng Zhao (CZ), Binance’s former CEO, has brought renewed optimism to the Binance ecosystem, boosting market sentiment around $BNB .
Current Price: $597Resistance Zone: $596– $619
BNB has been stuck at this $610 level resistance for the past four months, facing multiple rejections at this level. However, with Q4 looking bullish across the broader crypto market, a breakout could finally be on the horizon. If BNB clears this resistance, it could surge towards its all-time high of $723, representing an 18% increase from its current price.
Conclusion
Both LTC and BNB are at critical levels this week, offering attractive opportunities for gains if they break through their respective resistances. With market sentiment shifting towards a bullish Q4, these two altcoins could be ones to watch closely. However, as with any investment, it's essential to proceed with caution.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies
#Altcoins #Analysis #NFA
🚀 The Next $BTC Super Cycle Begins Today! 🚀🔔 History tells us that ~180 days post-halving is when $BTC traditionally goes parabolic, smashing every target on its path!In 2016 and 2020, I followed this exact pattern—and my altcoin portfolio skyrocketed 150x. 💸💥🌟 Are you ready for this once-in-a-cycle opportunity?🔗 Disclaimer: Opinions shared may include third-party insights and sponsored content. Always do your own research. See T&Cs.💰 BTC Price: 68,188 (-0.38%)👀 Engage with the community: #BTC #CryptoCycle #Altcoins #NFA #Write2Earn!
It’s easy to get caught up in big promises like those from Ripple’s $XRP —real-time payments, tokenization, global reach.
But reality hit hard, and they’ve struggled to keep up. Now, MANTRA $OM doing the same thing, but better. With the mainnet launch in October, $OM brings faster, decentralized transactions, RWA tokenization, and real-world impact.
$Om- Bullish!🕉️🐂
#NFA
But reality hit hard, and they’ve struggled to keep up. Now, MANTRA $OM doing the same thing, but better. With the mainnet launch in October, $OM brings faster, decentralized transactions, RWA tokenization, and real-world impact.
$Om- Bullish!🕉️🐂
#NFA