Binance Square
LIVE
LIVE
Vladislav Hryniv
--・4.4k views
🚀 CryptoNews: $WIF Price Prediction If WIF breaks to the south of its mid-March highs and 21DMA, a potential drop all the way to support in the $2.0 area is on the cards. That could mean a further near 45% drop from current levels. But given that the broader market remains very much in a bullish phase, crypto investors are bound to pile in at some point to buy the dip. And, despite all the hype, WIF’s market cap remains very modest compared to meme coin stalwarts like Dogecoin. As per CoinMarketCap, Dogecoin’s market cap was last just over $25 billion. It’s a stretch to say WIF could one day overtake Dogecoin. But WIF could certainly someday reach a market cap in the $10s of billions. #dogwifhat

🚀 CryptoNews: $WIF Price Prediction

If WIF breaks to the south of its mid-March highs and 21DMA, a potential drop all the way to support in the $2.0 area is on the cards.

That could mean a further near 45% drop from current levels. But given that the broader market remains very much in a bullish phase, crypto investors are bound to pile in at some point to buy the dip.

And, despite all the hype, WIF’s market cap remains very modest compared to meme coin stalwarts like Dogecoin.

As per CoinMarketCap, Dogecoin’s market cap was last just over $25 billion. It’s a stretch to say WIF could one day overtake Dogecoin.

But WIF could certainly someday reach a market cap in the $10s of billions.

#dogwifhat

Ansvarsfriskrivning: Inkluderar Äsikter frÄn tredje part. Ingen ekonomisk rÄdgivning. Kan innehÄlla sponsrat innehÄll. Se anvÀndarvillkor.
0
Utforska de senaste kryptonyheterna
âšĄïž Var en del av de senaste diskussionerna inom krypto
💬 Interagera med dina favoritkreatörer
👍 Ta del av innehĂ„ll som intresserar dig
E-post/telefonnummer
Relevant kreatör

Utforska mer frÄn Creator

👀 $FLOKI : After 80% gains, is the memecoin’s bull run about to end? - AMBCrypto Analytics AMBCrypto’s analysis of Santiument’s data revealed that despite the recent price correction, its weighted sentiment remained high. This clearly meant that bullish sentiment around it was dominant in the market. Additionally, its social volume also increased, reflecting its popularity. It was interesting to note that most of the other on-chain metrics also looked pretty bullish on the memecoin, as they hinted at a trend reversal. For instance, its MVRV ratio remained in the positive zone. Its NVT ratio also dipped sharply. A drop in the metric means that an asset is undervalued, indicating a possible price rise in the coming days. Moreover, the memecoin’s network growth also increased last week, indicating that more new addresses were created to transfer the token.  AMBCrypto’s analysis of the memecoin’s daily chart revealed that its MACD displayed a bullish upperhand in the market. According to the Bollinger Bands, FLOKI’s price was testing well above its 20-day Simple Moving Average (SMA). However, the Chaikin Money Flow (CMF) turned bearish as it moved southward.  If the memecoin continues to shed its value over the coming days, then investors might witness it drop to $0.00025. This seemed to be the case, as liquidation would rise sharply at that level. On the other hand, if FLOKI turns bullish, then its price might touch $0.00036 soon. 
--
đŸ’„ $MATIC  Breakout Likely: Strong Technical and Fundamental Indicators - BeinCrypto Analytics The EMA 100, represented by the blue line, is a significant resistance level. Over the past two months, Polygon’s price has consistently traded below the EMA 100, depicted by the blue line. This sustained trading below the EMA 100 underscores a bearish trend. Notably, the last significant attempt to break above the EMA 100 occurred on April 9. However, this attempt was met with substantial selling pressure, further reinforcing the bearish sentiment. The Ichimoku Baseline, illustrated by the red line, is a dynamic support level. The price has repeatedly approached but failed to sustain below this baseline, indicating consistent buying activity at these price levels. The price has entered the Ichimoku Cloud. The lower boundary of the cloud, currently acting as support, appears to be a challenging level to break. The price’s entry into the cloud suggests an increase in volatility. A breakout within the cloud is expected to heighten this volatility further. Additionally, the 0.618 Fibonacci retracement level within the cloud is a critical resistance point. Polygon’s price has been testing this level, and a sustained breakout above the 0.618 Fibonacci level could propel it higher. This breakout can push the price towards the upper boundary of the cloud and potentially higher resistance levels, such as the EMA 100 and the 0.5 Fibonacci retracement line, situated around the $0.78 to $0.80 range. Despite the prevailing bearish trend indicated by the EMA 100 and the Ichimoku Baseline, the recent entry into the Ichimoku Cloud introduces the potential for increased volatility and possible bullish movements.
--
🚀 $BTC Hidden Disaster Incoming? - U.Today Analytics When Bitcoin recently broke through the $70,000 barrier, it achieved a major milestone. However, the development of a double top pattern around the $71,900 level may be a warning sign that this achievement is approaching. According to technical analysis, a double top pattern is a bearish signal that is on the verge of finishing on the BTC chart. It appears when an asset reaches its peak, retraces its steps and then reaches its peak once more before beginning to decline. This pattern indicates that there may be a downturn and that the asset may find it difficult to sustain its upward momentum. An analysis of the current Bitcoin chart: In the case of Bitcoin, the price tried to rise after crossing $70,000 but encountered resistance close to $71,900. Bitcoin may finish the double top formation, signaling a possible end to the current rally if it is unable to overcome this resistance and retreats. Relative Strength Index (RSI): A price correction is usually preceded by overbought levels, which are approaching for Bitcoin. Trading volume: The volume has not been particularly high during the recent upward trend, which implies that the buying pressure may be waning. Broader market context: The general sentiment of the market is still largely positive despite these cautionary signals. The increasing acceptance of Bitcoin by the general public and institutions could offset any possible bearish trends. Important levels to keep an eye on: Support at $70,000: Should Bitcoin fall below this mark, it may validate the double top pattern and trigger a downturn. The resistance is at $71,900. A high volume surge over this point could invalidate the bearish pattern and indicate that the upward momentum is still there.
--
đŸ”„ $NOT surges 84% in one week: Time to add NOT to your portfolio? - AMBCrypto Analytics While there has been some profit-taking activity in the past few days, NOT’s momentum indicators remain significantly above their 50-neutral lines. At press time, the token’s RSI was 76.73, while its Money Flow Index was 77. These indicators suggested that NOT buying activity remained significant and exceeded selling pressure.  However, it is key to note that at its value, NOT’s RSI signaled that the token was overbought and a potential price correction was imminent.  When an asset is overbought, buyers’ exhaustion sets in, and its price witnesses a pullback. Although there lies a risk of a slight correction in NOT’s price, the bulls remain firmly in market control. Readings from its Elder-Ray Index showed this. As of this writing, the indicator’s value was 0.012.  This indicator measures the relationship between the strength of NOT’s buyers and sellers in the market. When its value is positive, bull power dominates the market.   Further, its positive directional index (green), at 45.96, was above its negative index (red), at 6.2, as of this writing. This signaled that the altcoin was experiencing a stronger uptrend than a downward momentum, even though some traders had started selling. In addition, NOT’s Chaikin Money Flow (CMF) at 0.20 showed that a significant amount of liquidity was flowing into the market. A positive CMF is a sign of market strength. It connotes capital inflow as demand for an asset climbs, a bullish signal. 
--

Senaste nytt

Visa mer
Webbplatskarta
Cookie Preferences
Plattformens villkor