$BTC
{spot}(BTCUSDT)
According to our Bitcoin price prediction, BTC is forecasted to trade within a price range of $âŻ59,578 and $âŻ69,737 this week. Bitcoin will increase by 17.05% and reach $âŻ69,737 by Sep 02, 2024 if it reaches the higher value target.
#BTCâ #CryptoMarketMoves #CryptoForEveryone #Write2Earn #BecomeCreator
đ Bitcoin and Ethereum Prices Plummet, Over $170 Million in Longs Liquidated
The price of Bitcoin plunged below $60,000 late Tuesday, reaching lows not seen in a week. The more than 3% fall was echoed by Ethereum, which fell below $2,500.
The sudden price drop triggered over $170 million in long-position liquidations in a single hour, according to CoinGlass, stinging investors betting for the asset prices to rise. Those liquidations were dominated by BTC and ETH investors, with $65 million and $52 million in longs rekt, respectively.
Bitcoin had seen a solid rise above $63,000 on Friday on the heels of remarks by U.S. Federal Reserve Chairman Jerome Powell signaling an interest rate cut next month. But the price of BTC stumbled yesterday, prior to the latest drop.
The price of Solana (SOL) is also down more than 6% for the day at $147.
There doesn't appear to be a specific trigger for the quick shift, as the U.S. stock markets closed Tuesday trading mostly flat for the day.
Some analysts have pointed to the recent state of Bitcoin price movements as achieving âequilibrium,â with a recent report from crypto analytics platform Coinglass noting that it might precede a period of âheightened volatility.â
Meanwhile, in its latest report, Fairlead Strategies warned of a âseasonally weak period in September.â The firm uses technical analysis for its forecasts, and suggested âanother two months of corrective price action.â
#BTC #ETH
{spot}(BTCUSDT)
{spot}(ETHUSDT)
$DOGS - IS PUMPING NOW WHAT IS NEXT FOR $DOGS?
[CLICK Here & VOTE](https://app.binance.com/uni-qr/cpro/Hamid)
Looking at the chart and the buy/sell walls, it is clear that the hype is still here, not over yet As long as the hype and the craze are here, we will see fluctuations up and down
It can go down a bit, but again itâs about patience - itâll rise back up
And as I told you before - as soon as you see profits, book it and keep a part of it holding tight đđ»đ„
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #hamidarmy #Babylon_Mainnet_Launch
BNT/USDT Technical Outlook: Cautious Bullish Sentiment in Play
$BNT
{spot}(BNTUSDT)
{future}(BNTUSDT)
The #BNT/USDT pair is currently trading at 0.4903, showing a recovery of 3.75% from its recent lows. The price has managed to hold above the critical support zone at 0.4500, which aligns with the lower boundary of the accumulation range observed over the past few weeks. The 200-period Simple Moving Average (SMA) is at 0.5120, serving as a dynamic resistance. The Volume-Weighted Average Price (VWAP) is currently at 0.4818, indicating that the price is trading slightly above its average trading level, suggesting some bullish momentum.
RSI (Relative Strength Index): The RSI is at 38.03, in the lower neutral zone, suggesting mild bearish pressure. However, it is not yet in oversold territory, leaving room for further downside if bearish momentum increases. The MACD shows a bearish crossover with the MACD line below the signal line and a negative histogram, indicating bearish momentum. However, the histogram is relatively shallow, suggesting that the bearish pressure is not particularly strong.
Bullish Scenario: If the price can break above the immediate resistance at the 200-period SMA (0.5120) and sustain this level, it could signal a bullish reversal. A sustained move above 0.5120 could push the price towards the next resistance zone around 0.5806, and potentially higher if the bullish momentum continues.
Bearish Scenario: On the downside, if the price fails to maintain above the support level of 0.4500, it could revisit lower support levels. A break below 0.4500 could confirm a continuation of the bearish trend, targeting further downside towards 0.4000 or lower.
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves high risk and may not be suitable for all investors. Always conduct your own research before making any trading decisions.
#6thTrade #CryptoMarketMoves #Market_Update #BinanceBlockchainWeek
đŸ DOGS Coin Watchlist đŸ
[Plese don't forget to vote me to day](https://app.binance.com/uni-qr/cpro/imran_raii?l=en&r=104591637&uc=web_square_share_link&us=copylink)
1ïžâŁ Resistance & Support Levels: DOGS is consolidating between $0.001087 and $0.001582. A break above the resistance could signal a recovery, but failure might lead to testing lower support levels, potentially causing further declines.
2ïžâŁ Shift in Market Sentiment: The rise of Base Dawgz (DAWGZ) has diverted attention from DOGS. With its cross-chain features and high-return potential, DAWGZ is attracting traders, adding selling pressure on DOGS. Without a strong catalyst, DOGS may struggle to regain momentum.
3ïžâŁ Investor Strategy: In this volatile environment, some investors might hold onto DOGS, anticipating a breakout, while others could explore new opportunities like DAWGZ. Staying alert to market news and technical signals is key to navigating these uncertain waters.
đ The future for DOGS is still up in the air, with possibilities for recovery or further decline based on market dynamics and sentiment.
#DOGS #CryptoWatch #MemeCoin #DAWGZ #CryptoTrading
$BTC today's classical pivot point (P1) with the value of $âŻ60,419, Bitcoin has support levels of $âŻ57,648, $âŻ55,793, and the strongest at $âŻ53,022. Similarly, Bitcoin resistance levels are at $âŻ62,274, $âŻ65,045, and $âŻ66,899.
{spot}(BTCUSDT)
#BTCâ #CryptoMarketMoves #CryptoForEveryone #Write2Earn! #BecomeCreator
**Bitfarms Powers Up in the US! âĄ**
- Bitfarms has taken control of a mega-site in Sharon, Pennsylvania, marking its first major US data center with a whopping 120 MW power capacity.
- The company plans to bring 30 MW online by year-end and aims for a total of 120 MW by 2025.
- CEO Ben Gagnon says this site boosts Bitfarms' US presence nearly sevenfold, supporting up to 8 exahashes per second.
- Following its acquisition of Stronghold Digital Mining, Bitfarms is on track to hit 950 MW capacity by 2025.
- Bitfarms is diversifying beyond Bitcoin mining, eyeing energy trading and AI opportunities.
Source: Bitfarms
**News Flash: Telegram CEO's 2017 Phone Hack Raises Privacy Concerns**
- In a startling revelation, Telegram CEO Pavel Durov's phone was hacked in 2017 by French and UAE spies. The operation, dubbed "Purple Music," aimed to monitor Telegram's use in recruiting operatives and planning attacks.
- Durov was detained at Le Bourget airport in Paris in August 2017. A year later, he met French President Emmanuel Macron, who invited him to move Telegram's HQ to Paris. Durov declined but requested French citizenship.
- The incident has sparked debates on Web3 privacy. Experts warn of potential government overreach and its impact on privacy-preserving technologies. Telegram has yet to confirm any entrapment evidence.
$DOGS đ„đ
[Visit My Profile & VOTE](https://app.binance.com/uni-qr/cpro/Hamid)
I told you that August 28, 2024, would be crucial for $DOGS
I explained why it would pump covering sentiment analysis, technical factors and reasons not to sell
Today, $DOGS has broken out of its consolidation phase and is pumping - I said it wasnât dead, just needed patience and itâs paying off
Look at the chart - it speaks for itself - LFG đ„đ€
#DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #hamidarmy #Babylon_Mainnet_Launch
The #Ethereum Foundation deposited 35K ETH ($94.07M) at $2,688 to #Kraken 5 days ago, now at $2,450, down 8.8%!
Ethereum Foundation sold near the top again
Since Jan 1, 2021, the Ethereum Foundation has sold 239K #ETH ($654M).
OXT/USDT : Critical Levels to Watch for the Next Move
$OXT
{spot}(OXTUSDT)
{future}(OXTUSDT)
The #OXT/USDT pair is currently trading at 0.0760, showing a recent upward movement of +4.54%. The price has broken above the 200-period Simple Moving Average (SMA) of 0.0718, suggesting a bullish trend reversal in the short term. The Volume-Weighted Average Price (VWAP) stands at 0.0737, indicating that the current price is trading above its average value, reflecting a bullish sentiment.
Indicators:
RSI (Relative Strength Index): The RSI is currently at 48.66, close to the mid-level, suggesting a neutral stance with potential for either bullish or bearish continuation depending on market momentum.MACD (Moving Average Convergence Divergence): The MACD shows a slight bearish crossover, with the MACD line crossing below the signal line. However, the histogram is relatively shallow, indicating mild bearish pressure.
Bullish Scenario:
If the price sustains above the 200-period SMA and the VWAP, it could continue its upward momentum towards the next resistance levels at 0.0862 and 0.0873. A breakout above these levels, especially with increased trading volume, could signal a strong bullish trend continuation.
Bearish Scenario:
On the downside, if the price fails to maintain above the immediate support levels around 0.0737 and 0.0718, it could revisit the lower support zone at 0.0695. A break below this level could confirm a bearish trend continuation, targeting further declines towards 0.0650 or lower.
Disclaimer: This analysis is for informational purposes and does not constitute financial advice. Cryptocurrency trading involves high risk. Please do your own research.
#6thTrade #Marketupdate #MarketSentimentToday #BecomeCreator
DAILY NFT FLASH đ°
(source: @coingecko )
NFT market red đ„
đčMarketCap global: $64.55B âŹïž
đčVolume: $10.28M âŹïž
đBest sale: Beanz #10684 122K$
đ TOP 3 VOLUME + FP
Pudgy Penguins - 10.59ETH
Bored Ape - 13.09ETH
Solana Monkey Business - 28.03SOL
đąTOP 3 WINNERS + FP
@KIPprotocol - 0.068ETH
@psychedelic_nft - 0.12ETH
@BadEggCompany - 0.467ETH
đŽTOP 3 LOOSERS + FP
@creatureworld - 0.04ETH
@ERCCnft - 0.125ETH
@BoDoggosNFT - 2.88SOL
â
TOP MINT
@st0xix Bitcoin Ordinals, PFP
@ladybtc_ Bitcoin Ordinals, PFP/meta Milady
@Claymilios Solana, PFP/meta Miladyc
@wifeystation Solana, PFP/meta Milady
@Its_Brett Base, PFP
Bonus : testnet @soneium today
TOP 10 NFT Market Cap đ
đ **Crypto Market Takes a Hit!** đ
- **Bitcoin** dropped 6% to $58,609, causing a ripple effect in the altcoin market.
- **Fantom (FTM)** down 14%, trading at $0.83 with a market cap of $1.219B.
- **Sui (SUI)** fell 11.8%, now at $0.83, market cap at $2.16B.
- **FET** dropped 13.7%, trading at $1.22, market cap at $3B.
- **Lido DAO (LDO)** down 13%, trading at $1.04, market cap at $938M.
đŹ What are your thoughts on this market trend? Comment below! đŹ
#CryptoNews #Bitcoin #Altcoins
đš DOGS Coin Alert đš
[Plese don't forget to vote me to day](https://app.binance.com/uni-qr/cpro/imran_raii?l=en&r=104591637&uc=web_square_share_link&us=copylink)
đŸ After a steep 22% drop, DOGS is stabilizing in a tight range, hinting at a possible major move soon. If DOGS can break above the $0.001582 resistance, we might see it regain some value. But if it fails, the coin could test the support at $0.001087 again.
đ Meanwhile, Base Dawgz (DAWGZ) is stealing the spotlight with its cross-chain features, drawing investors away from DOGS. The presale success of DAWGZ has led to a sell-off in DOGS as traders seek new opportunities.
â ïž With the market still volatile, keep a close watch on these levels. Whether itâs a breakout or further consolidation, be ready to act!
#DOGS #CryptoAlert #MemeCoin #DAWGZ #CryptoTrading
ASI Coin: The Next AI-Powered Bull Run
In the ever-evolving realm of crypto, where innovation burns bright and competition is fierce, a project named ASI Coin is igniting sparks of intrigue. Its ambition? To revolutionize the blockchain scene with a blend of artificial intelligence, security, and accessibility, propelling users towards a new era of decentralized empowerment. Are you ready to embark on this AI-powered journey?
The AI Advantage:
ASI Coin leverages the power of artificial intelligence to enhance its functionality and security. With advanced algorithms and machine learning capabilities, ASI Coin can analyze market trends, predict price movements, and optimize transaction efficiency. This AI-driven approach not only streamlines operations but also provides users with valuable insights to make informed decisions.
Security First:
In the volatile world of crypto, security is paramount. ASI Coin prioritizes user safety with state-of-the-art encryption protocols and robust security measures. By safeguarding user data and funds, ASI Coin fosters trust and confidence within its community.
A Community-Driven Ecosystem:
ASI Coin is more than just a token; it's a thriving ecosystem built on community engagement. Through decentralized governance, users have a say in the project's direction and development. This community-driven approach ensures that ASI Coin aligns with the needs and aspirations of its users.
The Bull Run is Here:
With its innovative features, strong security, and dedicated community, ASI Coin is poised for a significant bull run. As the AI revolution continues to unfold, ASI Coin's potential for growth is immense. Don't miss out on this exciting opportunity.
Join the ASI Coin Movement:
To stay updated on the latest news and developments. Together, we can shape the future of AI-powered blockchain technology. Take a look at our bio @EliteDailySignals for more crypto insights.
#ASI #ASIAlliance #Fetch_ai #fet.ai #TrendingTopic $FET
{spot}(FETUSDT)
@Fetch_ai @EliteDaily
đ€ Feel free to Give a Tip if it doesn't hurt your wallet
TON's Canine Chaos: A Tale of Resilience
Breaking News: The digital world just witnessed a canine-sized disruption! TON, the innovative blockchain, was temporarily brought to its knees by a tidal wave of furry frenzy. The culprit? The $DOGS memecoin airdrop, which unleashed a torrent of transactions, overwhelming the network's capacity.
But fear not, TON warriors! Validators rallied, their digital shields raised against the onslaught. Through their combined efforts, they managed to quell the chaos and restore block production. The network is now back online, stronger than ever, proving its resilience in the face of even the most unexpected challenges.
So, to all the $DOGS holders out there: Your enthusiasm may have caused a momentary hiccup, but TON's unwavering spirit has triumphed. Let this serve as a reminder that even in the digital realm, unexpected twists can arise, but with unity and determination, any storm can be weathered.
#PowellAtJacksonHole #BNBChainMemecoins #BlackRockETHOptions #LowestCPI2021