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Pepe Coin Price Flashes 25% Buy Signal—Big Rally Next? The Pepe Coin price rose 2% in 24 hours to $0.000007081 as the crypto market calms following a rough weekend. PEPE has dropped 2.5% in a week and 16% in 30 days, yet the meme currency has grown 800% in a year. Recent downturns have placed it in a position to test its resistance levels and gain 10% or 25% in the next month or two. Pepe Coin Price Flashes 25% Buy Signal—Big Rally Next? After hitting a seven-day low of $0.00000644 on Saturday, PEPE has been gaining pace. Its signs show this strong growth, but they still allow for further increases. Its relative strength index (purple) rose from 25 during the weekend to 65 today. PEPE's 30-period moving average (orange), which is approaching the 200-period average (blue), also indicates buying pressure. A breakthrough might occur if it climbs above the longer-term average and forms a golden cross. As it recovers from a low foundation, its signs predict it might hit $0.000008 or $0.000009 in the next weeks. Given that Pepe Coin struck an ATH more recently than most other top-100 coins, these rises of 12% and 25% are feasible. The currency fell at the end of August, but whales seem to have resumed collecting PEPE this month. This suggests an anticipation of gains, and although September has traditionally been a negative month for crypto, prices may climb again in October, which is usually good for returns. Based on all this, PEPE may increase briefly before faltering again, but it may start to gain more consistently as September ends. Expected Fed rate cuts would assist, but some economists caution that pessimistic sentiment might rise if the central bank reduces rates too aggressively, signaling recession worries. #PEPE $PEPE #BNBChainMemecoins #DOGSONBINANCE
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FET Nears Trendline: Will Breakout Fuel $1.86 Run? As it tests a bearish trendline, Fetch.ai (FET) faces a crucial decision. The cryptocurrency has battled against the trendline, but bullish mood is encouraging a breakthrough. As FET balances on this trendline, a significant move above it might go to $1.86. This research examines FET's price movement around a key bearish trendline. We examine important technical indicators and market sentiment to assess if FET can break resistance and rise toward $1.86 or whether bears will continue to dominate and keep the price low. FET was up 3.22% at $1.11 at press time. Market capitalization is above $2.8 billion and trade volume is $116 million for FET. Its market value and trade volume rose 3.39% and 23.95% in 24 hours. FET is trying to break above the trendline on the 4-hour chart while trading below the 100-day SMA. A breakthrough may be approaching if several bullish candlesticks show considerable buying demand and favorable market mood. In the same span, the Relative Strength Index (RSI) rose over 50% to 56%. Bullish momentum is increasing, suggesting a breach above the negative trendline. FET is also gaining strength on the 1-day chart as it attempts to break above the negative trendline and hit the 100-day SMA. This indicates strong market sentiment, with buyers possibly propelling the price higher if a breakout happens. Finally, on the 1-day chart, the RSI signal is 52% above 50% after momentarily sliding to 47%. In particular, this bounce shows positive momentum is building, which might boost the cryptocurrency. FET Next Big Move: Rally or Retreat? If it breaks the negative trendline, FET might climb toward $1.86 barrier with current rising momentum and a positive RSI. This level might be broken to cause more advances, perhaps testing $2.56 resistance and higher resistance zones. If the trendline holds and negative pressure persists, FET may fall below $0.96, its last support level. A breach below this support might start another slump, lowering the price to $0.45 or below. #FET $FET
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The Binance Group Grows in Indonesia as a Subsidiary Acquires a License On Monday, Binance said that Tokocrypto, a subsidiary of Binance, has obtained a Physical Crypto Asset Trader (PFAK) license from Bappebti, the commodities regulator in Indonesia. The exchange said that Tokocrypto, which was registered as a Prospective PFAK in 2019, has fulfilled all of Bappebti's license criteria. With its license in hand, Tokocrypto may lawfully trade tangible crypto assets. Binance CEO Richard Teng celebrated the achievement, saying it was proof of Tokocrypto's commitment to regulatory excellence and its goal of creating a strong and open crypto ecosystem in Indonesia. Binance is committed to helping Tokocrypto achieve its goal of expanding the Web3 ecosystem in the area. According to Tokocrypto CEO Yudhono Rawis, the platform is now in full compliance with Indonesia's stringent licensing standards, which is great news for investors. The third exchange to get a PFAK license in Indonesia is an accomplishment that Rawis is proud of. The market has 35 potential cryptocurrency exchanges registered with Bappebti. Tokocrypto has more than 4.5 million users as of this year. At the same time, the number of trades has increased by 170% since 2023. In Indonesia, Tokocrypto Controls 43% of the Crypto Market Reportedly, Binance finished purchasing Tokocrypto in December 2022. As previously stated by Changpeng Zhao, Binance had a majority position in Tokocrypto before the transaction; the company only raised its investment and ownership via the acquisition. Nearly 43% of Indonesia's cryptocurrency market was under Tokocrypto's control by the beginning of 2024. The Financial Services Authority will soon be in charge of the burgeoning cryptocurrency industry in Indonesia, which is backed by Bappebti. More than 19 million individuals put money into cryptocurrency in the first half of 2024. Tokocrypto is profiting from a booming industry, as seen by the increasing amount of transactions. #Binance @Tokocrypto #BinanceBlockchainWeek #CPI_BTC_Watch @Richard Teng
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NEIRO Up by 30% Today After Listing NEIRO token surged by 43% today, reaching a market cap of over $92 million.Earlier, Exchange announced listing perpetual futures for NEIROETH. Neiro on Ethereum (NEIRO) token recorded a significant price surge today of over 53%. At the moment of writing this article, the coin is trading above $0.093 and it has a total market cap of over $92 million. Earlier today, NEIRO reached a price of over $0.097. The team behind NEIRO shared an important announcement via X today, revealing that it has been listed on the Exchange futures market. Exchange Listed Perpetual Futures For NEIROETH The team behind Neiro on Ethereum shared a post on social media, revaling the listing and highlighting that Exchange has one of the strongest meme markets. This morning, Exchange revealed that the USDT-margined perpetual futures for NEIROETH would be enabled today, September 6. The exchange also noted that the price limit rules of NEIROETH USDT-margined perpetual futures trading are the same as those of other cryptos. Exchange also announced BRETT and CAT USDT-margined perpetual futures listings today. Neiro is a memecoin on Ethereum inspired by the 10-year-old rescue Shiba Inu dog adopted by the owner of Kabosu, the original Doge. #NEIROETH #BNBChainMemecoins #DOGSONBINANCE $ETH
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Near 100-SMA, Ethereum Price Recovery May Stall: Drop Coming? Ethereum price is trying to rebound over $2,280. ETH must break $2,360 to rise soon. Ethereum is trying to rebound from $2,150. The price is below $2,320 and the 100-hour SMA. The hourly ETH/USD chart broke above a negative trend line with resistance at $2,280. The duo must break $2,360 to rise soon. Ethereum Price Resistance Ethereum tried to regain over $2,400. The $2,450 barrier zone held ETH back. Bitcoin fell below $2,320 again. Support zone $2,150 was tested. After a low of $2,150, the price is trying to rebound. Moved over $2,220 and $2,280 resistance levels. The price rose beyond the 23.6% Fib retracement of the negative wave from $2,488 swing high to $2,150 low. On the hourly ETH/USD chart, a negative trend line with resistance at $2,280 broke. Ethereum has fallen below $2,320 and the 100-hour SMA. The price may face resistance at $2,320 on the upside. The first big barrier is $2,360, the 61.8% Fib retracement level of the falling wave from $2,488 swing high to $2,150 low. Ether may approach $2,420 if it closes over $2,360. Around $2,480 is the next resistance. A break over $2,480 barrier might push the price above $2,550. Another ETH drop? Ethereum may fall again if it fails to break $2,360. The downside has first support at $2,250. Near $2,180 is the first big support. A break below $2,180 might bring the price to $2,150. If losses continue, the price may reach $2,050 support. The next support is $2,000. ETH/USD hourly MACD is losing momentum in the negative zone. Hourly ETH/USD RSI is over 50. Major Support—$2,180 Major Resistance: $2,360 #ETH #CryptoMarketMoves #USNonFarmPayrollReport $ETH
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