Over the weekend, the market was fairly illiquid, leading to a relatively uneventful period. However, following news from Iran, there was a minor downturn, prompting concerns of a repeat of April 13th, though the impact wasn't as significant. With the new week, both ETH and BTC have seen a notable uptick.
In my view, ETH is poised to outperform BTC in terms of ROI as we near the ETF launch. This has led me to invest in altcoins like ETC, $ENA, and PENDLE, which are strongly correlated with ETH. Currently, the resistance at $3,200 for ETH is still holding. If this level is breached, we could witness a substantial rise.
I believe the potential ETF rejection has already been factored into the market, so there's little cause for concern. Any decline following the rejection news should be seen as a buying opportunity. On the BTC front, as long as macroeconomic data remains positive, there's no reason we couldn't see new all-time highs. Make sure to prepare accordingly, everyone!
#****The upcoming week will see several cryptocurrency token unlocking events, which are closely watched by investors and analysts due to their potential impact on market volatility. Projects like PYTH, ID, AVAX, and MANTA are scheduled to hold unlocking events between May 19 and May 26. Stay tuned for details on these events in our news coverage, as they are significant for both enthusiasts and investors alike.***#####
Bitcoin's recent behavior shows a clear pattern: it rises steadily, only to fall sharply after reaching new highs 📉.
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The intention behind this seems evident. As real money and assets push the price up, the market is quickly brought down as soon as investors start buying at these higher levels. This high-position consolidation appears to be a tactic to lure more investors.
At 3:30 AM on Monday, Federal Reserve Chairman Powell will be speaking at Georgetown University, likely addressing inflation and the economy. Could this event be used to drive the market down further? We'll have to wait and see!
Currently, the price is out of the range , we have to wait till it down .....###
Brace yourselves for significant volatility in Bitcoin ($BTC ). Here’s the most probable scenario:
- **Quick Flash Dump**: $BTC may rapidly drop to $65,000 or below. - **Altcoins Impact**: Many altcoins might experience sharp declines during this dump. - **Post-Dump Pump**: Following the dump, expect a substantial increase in $BTC 's price.
- **Market Dynamics**: Some altcoins might pump due to the sheer number of them, but others could see severe losses.
#### Trading Tips: - **Manage Liquidation Levels**: Be cautious of your positions and ensure they are well-managed to avoid liquidations.
- **Trade Safely**: Consider risk management strategies to protect your investments.
- **Short-Term Strategies**: If you believe you can predict the duration of the dump, consider going short. However, be prepared for a subsequent, more significant pump.
Unlock 3 USDT Daily with Mobile Crypto Mining ⛏️📲 Explore these popular mobile crypto mining apps:
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After hitting $67K, the next move for $BTC is crucial. It serves as both a resistance and support level, indicating its significance in future price movements.
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If the weekly close remains above $67K, we could be heading towards another all-time high soon. However, in the world of cryptocurrency, unexpected moves are common, so traders should remain cautious and adaptable to market dynamics. It's advisable to accumulate gradually, diversify investments, and keep extra liquidity for opportunities that may arise unexpectedly. As for $BTC , its journey beyond $67K could lead to new ATHs, but staying vigilant and prepared for any unexpected turns is key.
1. Initial downward pressure on NOTCoin stemmed from miners offloading their holdings, but with most having already sold off, savvy investors are now entering the market, suggesting a shift in sentiment towards the coin's potential.
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2. NOTCoin's current price presents a favorable entry point, particularly considering its recent bullish indicators on the charts, offering an opportunity to capitalize on potential upward momentum.
3. #Amidst growing buzz, NOTCoin has garnered positive sentiment from the community, including notable figures like the CEO of Telegram, signaling potential for increased interest and FOMO-driven buying activity, thereby potentially driving prices higher.#
$ICP is indeed gaining momentum, consolidating around $11 and setting its sights on the $19.8 mark.
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Its performance often correlates with the sentiment surrounding $BTC, so fingers crossed for continued positivity there! Historically, it has shown a significant 670% profit surge, making it an intriguing prospect in the world of
user engagement, $NOT presents promising potential on multiple fronts.
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Pro Insights: - Stay Informed: Keep tabs on Notcoin and TON updates to stay abreast of token utility enhancements and ecosystem advancements. - Invest Wisely: Holding and staking $NOT could yield substantial dividends, owing to robust tokenomics and unwavering community support.
🌟 Remember: Cryptocurrency ventures involve inherent speculation. Always conduct thorough research before making investment decisions.
Solana's weekly structure is impressively poised. With consolidation beneath the critical resistance zone and a subsequent breakout above it, the retest of the former resistance as support indicates a strong foundation.
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An all-time high breakout appears inevitable, with a target set at $328.6.
It unveiled its blueprint for Sonic Network, a fresh Layer 1 blockchain set to link with Ethereum through a native cross-chain bridge. In this upgrade, FTM token holders can migrate to Sonic's native token S at a 1:1 ratio during its genesis, subject to governance voting results. claim rewards
Sonic promises enhanced performance compared to the current Opera network, courtesy of its advanced bridging architecture. While Fantom will continue to support Opera validators, it plans to allocate substantial funds from its treasury to bolster the Sonic ecosystem's development, covering areas such as marketing, business expansion, and migration subsidies.
Governance voting will be pivotal in shaping Sonic's future, marking it as the next iteration of the Fantom network, akin to Fantom 2.0. This overhaul introduces a new client, validator end, virtual machine (FVM), Carmen database, and optimized Lachesis consensus mechanism under Fantom Opera, significantly enhancing the original Fantom's execution efficiency.
An institution estimates there is a 30% to 40% chance that the U.S. SEC will approve the Ethereum spot ETF by the end of this month. click to Claim rewards
David Han, an institutional research analyst, recently noted that the key factor leading to the SEC's approval of the spot Bitcoin ETF—the correlation between CME futures products and spot exchange rates—might also influence the approval of the spot Ethereum ETF.
Han mentioned that despite the uncertainty created by the SEC's silence, the prediction markets and the Grayscale Ethereum Trust Fund trading at a 24% discount indicate a significant potential upside if approved.
However, he acknowledged that an Ethereum spot ETF focused on ETH staking participation is unlikely to gain approval at this time.
Here’s how you might lose your Notcoin right before your eyes 📢.. Avoid doing this with any volatile cryptocurrency like Notcoin if you don't want to see your investment dwindle: claim rewards
When a coin is trending, as Notcoin currently is, many people make the error of trying to make a quick profit through rapid trading.
However, this often results in swift losses, especially when trading futures of the coin. With Notcoin's high volatility, maintaining a single position is often more profitable...
if you plan to hold, do so without constantly monitoring the price fluctuations to avoid mistakes.
If you decide to sell, do so and move on without immediately buying back or obsessively tracking the price...to keep your stress levels in check. Remember, cryptocurrency is an investment, not a gamble. Follow for more tips to improve your trading skills.
**Terra Luna Classic Price Prediction: Is $10 LUNC Possible After Binance Burns 59 Billion Tokens?**
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LUNC has dropped 1% in the past 24 hours, currently priced at $0.000108, despite a 0.5% gain in the broader cryptocurrency market. Over the past week, the altcoin has risen by 1%, 6.5% over the past month, and 16% over the past year. Although these gains are modest compared to larger cryptocurrencies, Binance's recent burn of over 1 billion LUNC, bringing its total burn to 59 billion, has drawn attention.
This burn increases the total amount of LUNC burned to 113.3 billion, as the Terra Luna Classic community continues efforts to boost the burn rate and enhance the coin's utility, aiming for potential price increases.
Despite these efforts, LUNC's price stability in the past hour suggests potential upcoming increases. The relative strength index (RSI) for LUNC rose to 60, after dipping below 50 earlier today, indicating a possible upward trend as it nears 70. Additionally, the 30-day moving average has resumed its ascent above the 200-day average after a brief slowdown.
While LUNC has been performing relatively well, its trading volume remains low compared to major cryptocurrencies. With a trading volume of $21 million, it is down 75% from early May and 97.5% from early March, reflecting a lack of broader market interest and skepticism about LUNC's long-term viability.
Despite this, the recent burns, including the significant contribution by Binance, indicate ongoing efforts to reduce supply.
$NOT was just a preview. After thoroughly analyzing the #Notcoin pair, I've determined that a breakout is expected at the 0.0069 level, which should trigger an upward movement. With the entire supply in circulation and a well-executed listing process, the project's prospects look promising. claim rewards
Notcoin is vital for the recognition of the TON and Telegram ecosystem. We earned tokens at no cost by simply clicking, and I anticipate ongoing improvements in the project. The selling pressure has nearly subsided, with most tokens staked for a month, creating an ideal scenario for advancement.
The TON chain witnessed billions in volume within 24 hours, which was astonishing. This leads me to believe that top exchanges like Binance will list Ton organically, without any listing fees.
Two years ago today, on May 15, 2022, the Terra LUNA cryptocurrency experienced a catastrophic crash, losing 99.999% of its value and marking a significant downturn in the crypto market's history. Click to Claim rewards
Sell - Potential Overvaluation: The initial launch excitement might lead to an overvaluation of NOT tokens. Selling before a correction occurs could be a strategic move. and instability. As UST dropped 40% in value, LUNA's value also collapsed. Terra's founder, Do Kwon, fled the scene but was later captured in Montenegro and now faces charges in South Korea.
Despite efforts to relaunch the project with a new coin, both LUNA and its successor, LUNC, have failed to regain value.
The event highlights the significant risks associated with investing in altcoins and the need for caution in such a volatile market.
Hello everyone! I hope you all made a profit from #not coin by purchasing it during the premarket as I suggested. I personally made a 10x profit on it. Here are my updated recommendations . Click to Claim rewards
1. Hold onto your coins for now since most people who wanted to sell have already done so.
2. The price of #not is expected to rise gradually until June 15th. Plan to sell your coins on or just before that date if you haven't sold them yet.
3. June 15th marks the end of the staking period, and a significant number of stakers are likely to sell, leading to a potential price drop on June 15th and 16th. I advise selling your coins a day before this anticipated sell-off.
4. After the anticipated dump on June 15th/16th, consider buying back into #not as it's a solid project, offering opportunities for further profit.
Stay patient and avoid panic buying or selling. Follow these tips for the best results.
If you've faced significant losses from $NOT , here’s some guidance: claim rewards
**1. Don’t Sell in a Bear Market** One of the key rules in crypto investing is to avoid selling when the market is down. Cryptocurrencies often rebound and can eventually surpass their previous all-time highs, although this can take time. Selling during a downturn typically leads to further panic selling and locked-in losses. Instead, consider holding on and waiting for the next market upswing.
**2. Hold Through the Downturns** Currently, many have sold their $NOT holdings, contributing to its price drop. However, during the next bull market, $NOT is expected to rise again, potentially reaching between $0.10 and $0.20.
**3. Learn from Past Mistakes** Avoid repeating the same errors; otherwise, achieving positive returns in the crypto market can be challenging. Patience and strategic holding are crucial for long-term success.
**4. Engage and Stay Informed** Engage with the community and stay updated with the latest market trends and investment strategies. Your involvement and continuous learning are vital for making informed decisions.
Remember, a lot of effort goes into providing quality investment advice. Your support helps us continue our mission to deliver the best guidance possible.
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🫂 Thank you for supporting our work and empowering us to provide the best investment insights. #BTC #Memecoins
Here's my take on Notcoin's future based on my analysis and intuition: claim rewards
1) It has the potential to surge to $1, achieving an incredible high 🌕.
2) Alternatively, it might climb significantly to around $0.5 🚀.
3) There's also a possibility it could rise to $0.1, making a notable impact in the market 💥.
4) However, it might also stay relatively stable, hovering around $0.01 🛸.
I'd love to hear your thoughts! Follow for more updates, hit that like button ❤️ if you agree, quote this post to share your opinion 🔄, and leave a comment below 🙏.