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#write2earn Dogwifhat (WIF) Surge: Riding the Momentum on Solana's Meme Coin #DogWifHat #solanamemecoins #WIF #MEMECOINS Solana's memecoin Dogwifhat has surged by an impressive 20%, igniting bullish momentum following several notable breakouts, with potential to soar to $4.2 in the near future. Amidst a backdrop of stable Bitcoin prices, memecoin like Dogwifhat ( $WIF ) are witnessing a resurgence, with Wednesday marking a significant uptick of 20% in its value. This sudden surge, fueled by a whopping 70% surge in trading volume, caught the attention of prominent traders like Ansem, prompting increased accumulation among whales. Multiple Breakouts Propel Dogwifhat Over the past 24 hours, the Solana-based meme coin Dogwifhat has experienced a remarkable surge of over 20%, peaking at $3.39 on April 24. This surge was spurred by a series of breakouts, particularly noticeable on Wednesday, with analysts identifying potential breakout patterns within the same timeframe. After a period of sideways trading, consolidating between $2.8 and $3, Dogwifhat (WIF) finally broke through the resistance level at $3.1. This breakout, coupled with the emergence of a two-week ascending triangle pattern, has fueled optimism for further upward momentum, potentially breaching the descending trendline. Traders and analysts alike have recognized these breakout patterns, contributing to the significant 20%+ surge in WIF's price. Ansem, citing trader Bluntz Capital, highlighted the confirmation of a breakout from a two-week ascending triangle in Dogwifhat, sparking considerable excitement within the crypto community and driving renewed bullish sentiment towards WIF's price. Notably, Dogwifhat (WIF) has recorded a remarkable rally of over 51% throughout April. Anticipated Rally of 35% With the breakout confirmed and the trendline retested, investors are presented with an opportune entry point at $3.2 for Dogwifhat meme coin. Currently, WIF's price stands at $3.38, having experienced a 20% surge within the past 24 hours, with a trading volume surge of 75%.

#write2earn Dogwifhat (WIF) Surge: Riding the Momentum on Solana's Meme Coin

#DogWifHat #solanamemecoins #WIF #MEMECOINS

Solana's memecoin Dogwifhat has surged by an impressive 20%, igniting bullish momentum following several notable breakouts, with potential to soar to $4.2 in the near future.

Amidst a backdrop of stable Bitcoin prices, memecoin like Dogwifhat ( $WIF ) are witnessing a resurgence, with Wednesday marking a significant uptick of 20% in its value. This sudden surge, fueled by a whopping 70% surge in trading volume, caught the attention of prominent traders like Ansem, prompting increased accumulation among whales.

Multiple Breakouts Propel Dogwifhat Over the past 24 hours, the Solana-based meme coin Dogwifhat has experienced a remarkable surge of over 20%, peaking at $3.39 on April 24. This surge was spurred by a series of breakouts, particularly noticeable on Wednesday, with analysts identifying potential breakout patterns within the same timeframe. After a period of sideways trading, consolidating between $2.8 and $3, Dogwifhat (WIF) finally broke through the resistance level at $3.1. This breakout, coupled with the emergence of a two-week ascending triangle pattern, has fueled optimism for further upward momentum, potentially breaching the descending trendline. Traders and analysts alike have recognized these breakout patterns, contributing to the significant 20%+ surge in WIF's price.

Ansem, citing trader Bluntz Capital, highlighted the confirmation of a breakout from a two-week ascending triangle in Dogwifhat, sparking considerable excitement within the crypto community and driving renewed bullish sentiment towards WIF's price. Notably, Dogwifhat (WIF) has recorded a remarkable rally of over 51% throughout April.

Anticipated Rally of 35% With the breakout confirmed and the trendline retested, investors are presented with an opportune entry point at $3.2 for Dogwifhat meme coin. Currently, WIF's price stands at $3.38, having experienced a 20% surge within the past 24 hours, with a trading volume surge of 75%.

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#Write2earn #Bitcoin Surges Past $64K: #Altcoins Eye Recovery Amid Shifting Market Dynamics #Altseason $BTC $AVAX $OP Bitcoin surged past $64,000 before the weekly close on April 28, while altcoins showed signs of recovery. Altcoins are expected to receive a boost as Tether's dominance wanes. Data from TradingView revealed a stronger momentum in Bitcoin's price over the weekend. BTC/USD reversed its weekly lows of $62,400 and maintained higher levels, hovering around $63,500 at the time of writing. Altcoins also saw positive movement in "out-of-hours" trading, with the total altcoin market cap up approximately 1% for the day. Popular trader Skew noted the nice bounce in altcoins but pointed out the trend of setting weekly highs around Monday to Tuesday. However, Skew anticipated sell-side pressure on Bitcoin around range highs, potentially limiting further bullish advances. Trader and commentator Moustache expressed confidence in a full-fledged "altseason" on the horizon, rivaling the market's performance since the all-time highs of 2017. Regarding Tether dominance, which saw an attempt to reclaim after breaking below a rising trendline, Moustache suggested it was just a "backtest," indicating that when Tether dominance decreases, altcoins tend to rise. Meanwhile, some traders awaited cues from "TradFi" trading, including Bitcoin futures, for insights into the crypto market trajectory. Despite Bitcoin consolidating below previous cycle all-time highs, trader Alan Tardigrade found promise in the monthly BTC/USD chart. He argued that Bitcoin's position above the Triangle Top on the monthly chart is bullish, suggesting that consolidation is necessary for a sustained bull run in the future. Tardigrade's analysis included a comparison of Bitcoin's current situation to a pre-breakout period for the Nasdaq Composite Index in 2013.
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#Write2earn #Polygon and #Robinhood Forge Cross-Chain Partnership: A Game Changer in Crypto Trading #MATIC #NFT Polygon has joined forces with Robinhood to introduce cross-chain swaps, driving NFT transactions and broadening the stablecoin user base. In a significant move aligning with its Q2 2024 strategy, Polygon ( $MATIC ) has forged a new partnership with Robinhood Wallet. This collaboration enables cross-chain swaps utilizing Polygon's proof-of-stake network (PoS), as announced on April 27, 2024. Leveraging technology from 0x Project and LI.FI, this integration facilitates seamless token swaps across diverse blockchain networks. With this enhancement, Robinhood's 23 million users gain access to expanded trading capabilities. This collaboration not only benefits Robinhood users but also underscores Polygon's growing prominence in blockchain technology. Despite MATIC's lackluster performance early in Q2, these technological advancements have bolstered the platform's standing. Robinhood has proactively enhanced its service offerings, previously integrating all spot Bitcoin ETFs and expanding cryptocurrency trading to the EU in December 2023. The addition of cross-chain swap functionality is poised to enhance user engagement on both platforms, offering diversified services through Robinhood while solidifying Polygon's position as a blockchain solutions leader. Polygon's Dominance in NFT Transactions In recent weeks, Polygon has emerged as the leading Ethereum Virtual Machine blockchain for NFT transactions, showcasing its increasing dominance in the sector. This achievement aligns with heightened activity and interest in NFTs within the crypto community. Polygon's efficient network appeals to creators and collectors alike, facilitating seamless transactions.
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#Write2earn #BITCOIN ’S STABILITY AMIDST DECLINING INTEREST: INSIGHTS AND POTENTIAL CATALYSTS #BTC #BitcoinAnalysis #MarketAnalysis $BTC Over the past week, bitcoin has been on a bit of a downward slide, with its price hovering around $62,950 to $6,152 per unit as of April 28. Despite this dip, the Crypto Fear and Greed Index is still firmly in the "greed" zone. Interest in bitcoin seems to be fading, according to Google Trends, while Santiment, a market intelligence firm, notes an increase in signals indicating it might be a good time to sell BTC. Bitcoin has managed to stay above the $60,000 mark for quite a while now, a streak lasting about 58 days. However, despite this stability, interest in bitcoin seems to be waning, as shown by Google Trends data, which indicates a decline in searches for "bitcoin" from a peak of 80 out of 100 on April 19 to a current score of 30. This decline in interest seems to have started around April 21, based on Google Trends data for the past 90 days. Nevertheless, people are still curious about bitcoin's potential for reaching new price highs, as seen in related searches like "bitcoin all-time high" and "ATH bitcoin." On Friday, Santiment noted a significant uptick in "sell calls" on social media, suggesting a growing sentiment to offload BTC. Santiment observed, "Bitcoin’s price dropping as low as $63.4K has crypto traders spooked, as buy calls across social media are low and sell calls are peeking in at an increased rate." They also mentioned that when such fear starts to creep in, there's a higher chance of the market bouncing back. On a brighter note, QCP Capital's weekend brief mentions a potential boost in interest when Hong Kong's spot bitcoin and ethereum exchange-traded funds (ETFs) launch next week. "There is a potentially positive catalyst next week as the [Hong Kong bitcoin and ethereum] spot ETFs begin trading," QCP Capital said. "Interest is growing in what could be a gateway for the inflow of Asian institutional capital."
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#Write2earn #NEAR PROTOCOL EXCELS: LEADING IN USER RETENTION AND PERFORMANCE #NearProtocol #Layer1 #TotalValueLocked $NEAR NEAR Protocol (NEAR) celebrates significant milestones achieved by its vibrant community and dedicated developers. Notably, its primary cryptocurrency has emerged as one of the top performers in the past week. Impressively, over the last 12 months, NEAR Protocol (NEAR) has maintained the highest user retention rate among Layer 1 altcoins. Data from Artemis reveals a striking adoption rate of 9.53% for this blockchain, surpassing its competitors by a significant margin. In contrast, other platforms like Avalanche ( $AVAX ) and $BNB Chain struggle with lower long-term retention rates, with figures barely exceeding 8% and 7%, respectively. Even major blockchains like Ethereum (ETH) and Tron (TRX) have fallen short, failing to achieve 5% user retention over the same 12-month period. Highlighting NEAR's growing ecosystem, DefiLlama statistics show 19 active DeFi applications on the NEAR Protocol (NEAR), boasting a combined Total Value Locked (TVL) of US$306 million. Leading the pack are platforms like Burrow, LiNEAR Protocol, and Meta Pool Near, operating in the decentralized lending and liquid staking sectors. NEAR, the flagship cryptocurrency of the NEAR Protocol, has recently outshone its peers, earning the title of the best-performing major altcoin of the previous week, as per CoinGecko. Among the top 100 coins, NEAR secured the fifth position in terms of growth rate, surging by an impressive 26% in just seven days. This surge can be attributed to the exciting prospect of AI integration, a crucial element driving NEAR Protocol's potential in this dynamic landscape.
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#Write2earn #BITCOIN ANALYSIS: EXPERT WARNS OF POTENTIAL DOWNWARD TREND #POST-HALVING #BitcoinAnalysis #HalvingAnaly $BTC A crypto expert and trader is sounding the alarm, suggesting that Bitcoin (BTC) might be in for another downward trend within the next fortnight. Known by the pseudonym Rekt Capital, this analyst shares insights with his 74,300 YouTube followers, pointing out parallels between Bitcoin's current correction and its behavior around the 2016 halving event. Back then, BTC experienced two waves of correction: one prior to the halving and another following it. Drawing from historical data, Rekt Capital highlights the possibility of Bitcoin undergoing another downturn shortly after the recent halving event. He explains, "Looking back at previous halvings, we notice that while some retracements occurred before the event, the bulk of corrections happened after. In 2016, about 28 days before the halving, we saw a significant pre-halving dip... And after the halving, the downward trend persisted for a few more weeks." Based on this analysis, the analyst predicts that Bitcoin could linger in a post-halving danger zone until next month, suggesting a timeline of around three weeks from the halving event. He adds, "Considering the halving occurred last week, we're looking at roughly a three-week period, maybe even shorter given today's date... So we're left with just over two weeks for this post-halving danger zone to play out, based on historical trends from 2016." Rekt Capital also notes that Bitcoin's current support level around $60,000 could hold strong over the next couple of weeks, potentially signaling stability if maintained. He concludes, "These next two weeks are crucial. If we can sustain this support level around $60,000 during this time frame, it could instill confidence that the re-accumulation phase is intact." As of now, Bitcoin is trading at $62,871, showing a decline of over 3% in the last 24 hours.
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