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Vladislav Hryniv
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👀 U.Today Analytics: $DOGE Back to Yearly High? Dogecoin has seen its price jump by 16% since reaching its lowest point. Now, it is near the highest price it has been all year at $0.22. Some people who watch the market think this rise might not last, and the price could fall again.  Looking at the price chart, Dogecoin has been doing quite well lately. It has been staying above $0.179, which is the growth threshold for the asset. If it can stay above this price level, we might see the rally continue, as it coincides with the point at which a reversal begins. Dogecoin's future depends a lot on whether continue keep being interested in it. It has become popular before, especially with the help of social media and some famous people talking about it. But it is difficult to tell if it will keep being popular and if people will start to think it is not just for fun but also useful for other things.  Right now, Dogecoin looks like it might be ready to try for its highest price this year. But people who want to invest should be careful. There are two important price levels – $0.155 and $0.11 – that could help stop the price from falling too much. Also, the Relative Strength Index (RSI) is at 59.97, which tells us that there is room for growth, but the fuel for it is yet to be found. #Dogecoin‏⁩

👀 U.Today Analytics: $DOGE Back to Yearly High?

Dogecoin has seen its price jump by 16% since reaching its lowest point. Now, it is near the highest price it has been all year at $0.22. Some people who watch the market think this rise might not last, and the price could fall again. 

Looking at the price chart, Dogecoin has been doing quite well lately. It has been staying above $0.179, which is the growth threshold for the asset. If it can stay above this price level, we might see the rally continue, as it coincides with the point at which a reversal begins.

Dogecoin's future depends a lot on whether continue keep being interested in it. It has become popular before, especially with the help of social media and some famous people talking about it. But it is difficult to tell if it will keep being popular and if people will start to think it is not just for fun but also useful for other things. 

Right now, Dogecoin looks like it might be ready to try for its highest price this year. But people who want to invest should be careful. There are two important price levels – $0.155 and $0.11 – that could help stop the price from falling too much. Also, the Relative Strength Index (RSI) is at 59.97, which tells us that there is room for growth, but the fuel for it is yet to be found.

#Dogecoin‏⁩

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đŸ”„ $NOT Braces for More Dip - AMBCrypto Analytics Following its launch on the Toncoin network on 16th May, NOT’s value climbed to a peak of $0.02 on 2nd June.  However, as profit-taking activity gained momentum, NOT bulls could not defend that price level, hence the price decline. At its current value, the altcoin’s price has dropped by 20% from its high. An assessment of key momentum indicators confirmed the surge in NOT sell-offs in the past few days.  For example, its Relative Strength Index (RSI) and Money Flow Index (MFI) trended toward their respective center lines. At press time, the token’s RSI and MFI were 55.31 and 56.56, confirming the decline in buying pressure.  Further, the value of NOT’s Aroon Up Line (orange) was 35% at the time of writing. This indicator identifies the strength of an asset’s price trends and potential reversal points. When an asset’s Aroon Up line is close to zero, the uptrend is weak, and the most recent high was reached a long time ago.  At its current price, NOT traded close to its 20-day exponential moving average (EMA), which tracks the token’s average price in the past 20 days.  When an asset trades close to this key moving average, it signals a decline in buying momentum and an indication that the bears might soon regain market control.
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👀 Will $SOL Uptrend Remain? - Bitcoinist Analytics Even so, some analysts are upbeat, expecting not only altcoins to recover in the sessions ahead but specifically for Solana, a top-5 coin, to emerge as a leader in the next cycle. In a post of X, one analyst noted that provided bulls maintain the current uptrend, rejecting any attempt for lower lows, SOL will continue to float higher. Of note, this will continue the trend seen from the better part of H2 2023, when the coin rose from obscurity to become one of the top performers, even outdoing Bitcoin. Looking at the daily chart, SOL is up 100% from January 2023 lows and roughly 8X from the pits of September 2023. Even though there has been a cool-off after the rally to as high as $210 in March 2024, the uptrend remains. So far, SOL is down 25% from March peaks, with prices retesting a key support trend line. As bulls soak in selling pressure, attempting to reject bears of June 6, keeping prices above $160 will be crucial. Though technical candlestick formations support this bullish outlook, there are favorable developments from the fundamental side of the equation.
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đŸ’„ Will $PEPE Price Recover in June 2024? - CoinGape Analytics Moving averages analyze market trends by averaging price data over certain timeframes, offering a more balanced perspective. For PEPE, the current signals are mixed. Short-term Moving Averages suggest a ‘Sell’ signal due to the current price being lower than these averages, indicating a bearish outlook. Conversely, extended Moving Averages indicate a ‘Buy’ signal, indicating that although the short-term forecast is bearish, the long-term trend is still bullish. This mixture of signals indicates a careful perspective. While there are immediate challenges, the outlook for the future remains optimistic. Exponential Moving Averages (EMA) gives more weight to recent price changes. Although short-term EMAs signal a bearish momentum, the 50-day EMA emphasizes a bullish sentiment in the long-term, regardless of the recent price drops. The MACD, a momentum indicator, is currently indicating a ‘Sell’ signal. This unfavorable figure indicates a downward trend, predicting that the price could keep dropping in the short run before possibly turning around. The Relative Strength Index (RSI) measures the speed and change of price movements, identifying overbought or oversold conditions. PEPE’s current RSI is 42.86, placing it in the neutral zone. This suggests no immediate pressure for a reversal, allowing for both upward and downward movements. Fibonacci retracement levels help identify potential support and resistance points. Resistance levels of Pepe Coin are at $0.000017167881 and $0.000021054328, and support levels are at $0.000008487254 and $0.000005877938. To confirm a recovery, PEPE needs to break through the immediate resistance. The support levels can act as a safety net, preventing further declines.
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🚀 Polygon beats $ETH in key area – What it means for $MATIC - AMBCrypto Analytics Even though the price of MATIC moved sideways for the most part, there was a steep decline observed when the price hit the $0.7413 level on the 6th of June. The OBV (On Balance Volume) for MATIC declined materially during this period. A declining OBV during this period suggested that selling pressure outweighed buying pressure for MATIC. A positive CMF, even at a low value like 0.03, indicates that there might still be some money flowing into MATIC despite the OBV decline. A positive CMF with a lower trading volume could suggest larger investors or whales accumulating MATIC despite the short-term price dip. Apart from whale interest, there was retail interest in MATIC observed as well. AMBCrypto’s analysis of Santiment’s data indicated that the addresses holding anywhere between 0 and 100 coins had increased their rate of accumulation. The rise in the accumulation of MATIC suggests that many traders are looking at the recent price dip of MATIC as an opportunity to buy the token at a discount.
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đŸ’” Weekly Analysis of $DOGE , $APT , $ATOM - GNCrypto Analytics While the global trend for #Dogecoin‏⁩ remains bullish, it is currently confined within a local range between the support zone of $0.136–$0.142 and the resistance zone of $0.15–$0.157.  The coin has the potential to extend its gains and reach the resistance zone of $0.170–$0.181, which could lead to a new yearly high. This would require a positive push from Bitcoin reaching a new all-time high (ATH).  If a deeper correction ensues, Dogecoin could fall below $0.130. #APTđŸ”„ has been trading within a wide sideways range for nearly two months, with support at $7.30–$8.30 and resistance at $10–$10.75. A critical area for buyers will be the local cluster between $8.75–$9.10, formed after a recent drop last Friday.  APT will likely continue to trade sideways, independent of Bitcoin's movements. While a temporary dip to the $7 level is possible, this could represent the last opportunity for buyers to push the trend upward, particularly if the price can solidify above $11.  Conversely, a fall below $7 and staying under this level would negate the bullish scenario. #Cosmos is currently caught in a trading range between the support zone of $7.54–$8.00 and the resistance area of $8.70–$9.00. Buyers also need to break through a resistance at $8.33.  It’s worth noting that ATOM is experiencing a general downward trend. Beyond the specified support zone, we do not see strong levels of buyer interest, which could result in a significant deepening of the correction.  However, if the market sentiment turns bullish, buyers might manage to drive ATOM's price into the resistance zone of $9.70–$10.36. 
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