Recently, I bought $NOT based on fundamental analysis, but at this present, it's not very profitable, I got a loss even though doing the technical analysis, and afterward, I converted all $NOT to $WIF , whatever, I got loss from NOT it is now rake up. I do a technical analysis of WIF, majority of buyers are now holding to sell it at around 2.7, in RVI it is 50 to 60 which means which indicates positive momentum consequently, larger price swings and bullish phrases.
Do you buy, $NOT yet? In the future, I think $NOT will explode because many upcoming projects (in telegram) are coming by getting help from Notcoin and Toncoin. #Notcoin👀🔥 #NOT🔥🔥🔥 #tonecoin
- Current Price: $0.014. - 24h Volume: 4.2 billion Notcoin and $58.25 million USDT. High volume indicates strong liquidity and trading activity.
2. Technical Indicators: - MACD: A positive MACD suggests a potential bullish trend, as the short-term momentum is stronger than the long-term trend. - RSI: - RSI (6): 63.2 (approaching overbought territory, suggesting short-term strength but possible correction). - RSI (14): 59.68 (indicates moderate bullish momentum). - RSI (24): 54.55 (reflects a balanced view over a longer period).
3. Market Sentiment: - The high trading volume and positive technical indicators can indicate a bullish sentiment, but it’s important to monitor ongoing developments.
Prediction Considerations
- Short-Term: The positive MACD and RSI suggest potential for short-term gains. However, the RSI nearing overbought levels could indicate a possibility of a price correction or consolidation before any further upward movement.
- Medium to Long-Term: - Depends on Fundamentals: The sustainability of any price increase will depend on Notcoin's fundamental developments and market adoption. If the project has a strong use case and continues to progress positively, it could experience growth. - Market Conditions: Broader market conditions and investor sentiment toward cryptocurrencies will also influence Notcoin’s price trajectory.
🚀 Interested in investing in $FLOKI Token? Here's why it could be a promising opportunity:
🔥 Burn Rate: With a substantial burn rate, Floki Token's supply is decreasing, potentially leading to increased scarcity and value over time.
💰 Market Cap & Volume: Despite a recent dip in price, the market cap remains over $2 billion, indicating strong investor interest and liquidity with a 24-hour volume of nearly $700 million.
📈 Recent Burn Data: The recent burn data highlights a consistent effort to reduce the token supply, with significant burns over various timeframes, including the past month and six months.
💼 Circulating Supply & Total Supply: With a circulating supply of approximately 41%, there's room for growth as more tokens are burned, potentially driving up the value.
💡 Investment Opportunity: Considering the burn rate, market cap, and recent burn data, investing in Floki Token could present a compelling opportunity for potential gains.
If Bitcoin is down as a result altcoins are also down.WHY?
Bitcoin often serves as a bellwether for the cryptocurrency market. When its price goes down, it can create a lack of confidence in the overall market, causing investors to sell off altcoins as well. Additionally, many altcoins are traded against Bitcoin, so when Bitcoin's value drops, it can affect the perceived value of altcoins in terms of Bitcoin, leading to a general decline in altcoin prices.
The current price of FLOKI is trading below both the 50-day and 200-day Simple Moving Averages (SMAs). This indicates a bearish trend, as the current price being lower than these averages suggests recent downward pressure compared to past average prices. Generally, a price below both SMAs signals that the market sentiment is bearish.
RSI values below 30 indicate that a cryptocurrency is oversold, which often signals a potential buying opportunity. The deeply oversold conditions of RSI(6) and RSI(14) suggest that recent selling might be overextended, indicating a potential price rebound. The RSI(24) being closer to neutral but still on the lower end also supports this view.
The MACD values are negative, with the DIF line below the DEA line, signifying bearish momentum. This bearish crossover suggests that sellers currently have the upper hand, which could lead to further price declines unless there’s a significant shift in market sentiment.
Bollinger Bands: Current Trend: Downward
Recommendations: 1. Possible Rebound: - RSI values indicate oversold conditions, suggesting a potential rebound. Consider buying with caution.
2. Wait for Confirmation: - Look for bullish signals such as MACD crossover or RSI rising above oversold levels before making significant trades.
3. Monitor Moving Averages: - A move above the 50-day and 200-day SMAs with strong volume could indicate a bullish trend.
There was a big fall in the market. Don't be panic. If you sell it right now, your capital and your investment have gone in vain. I also take loss but holding is the best option for me. I don't want to lose my investment and time. So, I give you the best advice hold it. Patience is the key to success 😀.
There's a lot of buzz around Tapswap and its upcoming events, especially one supposedly endorsed by Binance. Let's break it down and clarify what's going on to ensure you stay informed and safe. 🔍
Tapswap Event on Binance: Legit or Fake? 😥
Exciting news! Rumors have been swirling about Tapswap hosting an event on Binance, and it's creating quite the buzz. Some claim it's a fantastic opportunity to get free coins, but is it legitimate? Binance, one of the most trusted exchanges, has confirmed that the Tapswap event is indeed legitimate. This official endorsement means you can participate with confidence, knowing it's backed by Binance's security and credibility. 🎉🔒
You can find more details about this event on Binance's official site. Here’s the link to the official Binance announcement
https://www.binance.com/en/events/TapSwapReferral
Safety of Your Binance Account: BUID and Binance Pay ID 🙂
There’s been some concern about the security of sharing your Binance BUID (Binance User ID) or Binance Pay ID. Rest assured, hackers cannot access your account just by knowing your BUID or Binance Pay ID. These identifiers alone do not grant access to your funds or personal information. Always ensure you are cautious about sharing personal details, but these specific IDs do not compromise your account security.
Join the Tapswap Event Now! 🚀
Don’t miss out on the Tapswap event. It’s launching on July 1, 2024, and predictions suggest it could be listed on major exchanges like Binance soon. This could be a golden opportunity to claim free coins and potentially benefit from their future value. 🔥
Join the event now and tap into this opportunity for free coins with no investment required!
Floki Inu has achieved another significant milestone by surpassing 417,400 holders on the Binance Smart Chain (BNB). This achievement solidifies Floki's position as the leading memecoin on the BNB chain, boasting a market cap larger than all other BNB chain memecoins combined.
#### FLOKI X ACCOUNT
**Key Highlights:**
- **417,400 Holders on BNB Chain**: Floki Inu continues to grow its community, reaching an impressive number of holders on the Binance Smart Chain.
- **Largest Memecoin on BNB**: Floki Inu remains the biggest memecoin on the BNB chain, outshining all other memecoins in terms of market cap.
- **Vision for the Future**: Floki's goal is to become the world's most known and used cryptocurrency. Being accessible on the BNB chain is a crucial part of this vision, helping to reach a wider audience and foster greater adoption.
Floki's continuous growth and strong community support demonstrate its potential to become a major player in the cryptocurrency market. The accessibility on the BNB chain is expected to play a significant role in Floki's journey towards becoming a globally recognized cryptocurrency. Meme coins like PEPE, BONK, SHIB, and DOGE may be affected by this news.
Price predictions for $FLOKI Inu (FLOKI) show a range of possibilities. CoinPedia indicates that with a bullish trend, FLOKI could reach $0.0000687 by the end of 2024, but in a bearish scenario, it might fall to $0.00001251. Another prediction suggests FLOKI could rally to $0.00089 in 2024, correct to $0.00020 in 2027, and possibly hit $0.015 by 2030. Looking at 2025, a bullish trend could see FLOKI averaging $0.0000889 early on, increasing to $0.0001024 by September, and $0.000116 by year-end. These forecasts are speculative and should be taken cautiously. The highly volatile nature of cryptocurrency markets requires continuous vigilance. #FLOKISKYROCKET #altcoins #floki
FLOKI has shown an amazing rebound recently, charging ahead and correcting its price. This surge is supported by increased trading volume and renewed investor interest. The strong community backing and strategic partnerships are key drivers of its upward momentum. The development team’s continuous innovations are enhancing FLOKI's utility and value, making it a compelling investment. Additionally, effective marketing and branding efforts keep FLOKI in the spotlight, attracting new investors. Given these factors, FLOKI presents a significant growth potential. Consider buying FLOKI now to capitalize on this promising trend, but always do your research and assess the risks involved.
#You see $BB and $PEOPLE Coin prices going high. Previously, I told you to buy them because of increasing volume and Bitcoin price. If the $BTC price goes down, these coins will also go down. If you buy them now, I'm telling you there's a chance of neither loss nor profit. Remember, this is just my financial advice.
Previously, I told you, brothers and sisters, to buy BB coin or Notcoin. Some people laughed at me. Now, once again, I'm urgently telling you to buy $PEOPLE Time is of the essence, and the window for this opportunity is closing fast. Act now before it's too late.
Last week, I spoke about $NOT and what could happen. This weekend, after reaching 0.03, it broke back to 0.02. That is a typical move. I think the price will reach 0.1$ in a couple of weeks. Of course, it will have strong resistance at the 0.05 level, but once it breaks, it can move to the 0.1$ level. Why do I think the price will move to 0.1? It is a strong community, the basis of a success story. Currently, the Notcoin community is the strongest one, so I do not doubt that if everything keeps working (without any significant issues, like hacking and stuff), the price will still have a lot of room to grow. To me, it is NOT a Question of Will, but When. Not Financial Advice. Do your DYOR.
Using RSI and MACD, I found it! There's an amazing buy opportunity for $BB . Buy it now, brothers and sisters! Look at the 24-hour volume... It's ready to explode 📈📈