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AMBCrypto
AMBCrypto
Ethereum rejected at crucial resistance level, NuggetRush meme coin presale generates demand
3 days ago
CryptoVenom
CryptoVenom
followers

⛔️ $BTC (PRICE) Breaking News ⛔️ Guys, I shared with you below the chart of BTC that now is at the $51,000 area. You Should READ this if you own any Cryptocurrency💫 🔅Two Scenarios Might Happen🔅 1️⃣ Dumps Below $50,700 Support Level: As per the chart I share with you below, BTC is starting to decline as it moves closer to the support level $50,700 which is a major support level💥 Keep an eye on this level and note the following, as per charts if BTC breaks this support level then a heavy dip will happen. A break below this level will affect the price of Altcoins as we might see a decline in Altcoins Prices. Next Support Level is $47,400💥 💸 Buying Opportunities If this Happens: Keep some USDT in your wallets just incase we had a Market dump to buy your favourite Cryptocurrencies at a low price. This might be the final correction before BTC Halving if BTC breaks this major support level💰 2️⃣ Touch $50,700 & Increase back: BTC might bounce off this support level with a slight percentage to do so, as all the Charts are showing a major correction. Next Resistance level is at the $52,600💥 Could we pump back to this, well no one knows!!! But this is only a post to keep you informed and to get you ready to the scenarios to come💫 Don't panic and again Keep some USDT on hand, that's my only advice💸 Like & Follow For MORE Exclusive News🥂 #Write2Earn #TrendingTopic #BTC #BullBear

2 days ago
Crypto Expert BNB
Crypto Expert BNB
followers

$SOL 🛑HIGH ALERT UPDATE🛑 📌Solana's Value Drops Near $100: What's Next? 📉 📌Solana's recent decline near the $100 mark signals dwindling investor interest. Failing to break through a crucial resistance level has dampened confidence, leading to its current stagnation. 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻 Offer 🛩Click on my profile Pic - Open my Profile & in Pinned Post Claim Free 3 USDT Gift 🎁 ☀☀☀☀☀☀☀☀☀☀☀☀☀☀ 🛑 🔥 Cryptos Headlines Token Airdrop Is Live! Claim $50 Worth Of 5000 CHT 🔥 This downturn mirrors Bitcoin's struggle to surpass $53,000, prompting many investors to offload their assets, causing a market downturn. Data on Solana's usage patterns suggests further price declines may loom, hinting at a sustained downward trend. 📉 but soon recover Solana is a high-speed single-layer blockchain, currently supporting peak capacity of 65k transactions per second and 400ms block times using a network timestamp system called Proof-of-History ("PoH"). Core technical team comes from Qualcomm, a Fortune 500 chip manufacturer, where they managed projects such as Firefox OS and the BREW Operating System. $SOL $ETH #Write2Earn #TrendingTopic #MATIC #BTC

2 days ago
海绵进化论
海绵进化论
followers

February 23: Bitcoin and Ethereum market analysis: today’s highlights Market review analysis: The current volume of the market trend is relatively accumulating. The big pie has been trying to stabilize at the 52,000 mark. The two synchronous pie also wants to stand firm at the 3,000 mark. The market has repeatedly tried to break through and stabilize, but According to the current daily level, it is impossible to hold on to these two key positions. Many people ask why the AI ​​sector is rising in the current market, while other sector currencies are not moving, and the copycats are performing very weakly. Many They all follow the rise by a small margin, but follow the decline by a large margin. We will give a detailed explanation in the live broadcast room tonight. At the end of the month, the big pie will still continue to hit the 52,000 point mark. Before the current time node is reached, it is possible that it will To stand firmly at 52,000 and to hit the important key point of 56,000, the two cakes will stand firm at 3,000 points simultaneously and try to break through 3,200 points and rush towards the important node position of 3,600. Today's highlights The current position of the pie on the four-hour level should focus on the range support position of 50000-50500. The upper resistance point should first focus on the resistance position of 52000-53000 range. The four-hour level will hit 52000 points again if it does not fall below 50500 today. At the first-line position, as long as the closing line is above 52,000 points on the four-hour level, the market will break through again and touch the previous high, that is, the first-line position of 53,000 points or even reach the 54,000-point first line. The main thing is to look at the closing line at the daily level. Can Zhou's weekly level closing line hold on to the 52,000-point defensive mark? The support point at the two-hour level focuses on the 2920 line at the four-hour level. The effective support point focuses on the 2860-2880 range. The current effective support position at the daily level is in the 2760-2800 range. This position is currently the effective support. For the position, just pay attention to the pin insertion. If you are doing contracts, please don’t worry. If you are doing spot trading, you can enter again once this position is reached. You don’t need to worry too much. The upper resistance point is focused on the 3000-3040 range, which was also yesterday. The high point position, after breaking through the new high, the resistance point to focus on is around 3160. The current short-term pass position is to pay attention to the defensive position at 3200 points. #ETH #BTC

3 days ago
Crypto Family - RkY Sri Lanka
Crypto Family - RkY Sri Lanka
followers

Bitcoin Quick Update Today| #46th Update Good Morning, traders I trust you've been profitable by staying updated on our previous analyses. you'll know the market conditions and movements. so don't forget to click follow button ✅ Now BTC showing a bearish momentum according to 4h chart & 1h chart. Bitcoin is currently trading at $51200 I've included charts for 1D, 1W, 1M, and 4H timeframes below for reference. 👉 From my analysis, a correction to around 50300 or even as low as 50000 seems probable in the coming days. If the support at 50000 holds, we may see another pump with targets at 52000 and potentially $53000. 👉 Failing to maintain the 50000 support could lead to further downside, with targets at 49600, 49500, 49300, and 48500. 👉 Notably, there's a significant amount of liquidation orders at $50000, totaling 474.84M, while the $53125 area holds 533.54M in liquidation orders. 📍LONG liquidation at 50000$ 📍SHORT Liquidation at 53000$ 👉 Whales are actively involved in both sides stoploss hunt, so first hunt down side then up side usually, making the 50000 area a key level to watch. but this time Think Whale play different from we think because halving period loading nearly ... so 53500$ possible. 👉 BTC recently broke out of a Symmetrical Triangle on the 4-hour timeframe. The current trading action suggests a potential dump followed by a retest of the trendline. A successful retest could propel the price towards 49000 and even $50000. According to the 4-hourly chart. 4h Chart 📍- Resistance: $51500 🟢- Support: $50600 According to the 1-hourly chart. 1h Chart 📍- Resistance: $51500 🟢- Support: $50750 Considering the retest, there are two scenarios: 1. A successful retest could lead to a rally towards $53500. 2. However, if the retest fails, we might see a decline towards $49000 - $47500. Even if 20,000 people seeing this post, only 1% will follow & like this post because they want to learn for earn. I hope you're one of them. I don't know why 99% are not following me 😃. like this post for more TA.

3 days ago
宇宙区块观
宇宙区块观
followers

Bitcoin and altcoins undergo market adjustment: potential extreme targets for SOL in the future The past 24 hours have not been smooth for altcoins, and the exit from the spot Bitcoin ETF reminds us that we won’t see multi-billion dollar accumulations every day. The expected price correction arrived without delay, with Bitcoin falling below $52,000. At the time of preparing this article, it is still hovering around $51,000, below key areas. The altcoin also saw considerable losses based on its support levels. Solana The price of SOL coin has been increasing since falling to $79 in January. Bitcoin's decline has also affected it, with the price falling back to the $100 level over the past 24 hours and now finding buyers at $104. Whenever Bitcoin has seen a rally, the popular altcoin has been very strong, supported by hype within the network. The $100 level has long been a key area for price correction. As long as the price remains above this resistance area, we should see the upside potential continue. The RSI on the weekly chart shows that the bull market still holds the upper hand. SOL coin has been trading within a symmetrical triangle since its peak on December 25, 2023, a neutral pattern that warns of an imminent breakout. Investors who were waiting on the sidelines finally seized the opportunity. SOL seems like the right choice to buy at around $100, and I think buy and hold is a good option for those considering buying for the long term. SOL coin is currently at a good level for those considering long-term buying. The price of SOL coin indicates that it is consolidating for another round of gains. The most likely count shows that SOL is on the third of five rising waves with a target of $145. While the wave count to new highs looks promising, a downward breakout from the symmetrical triangle could pull SOL coin price back to $69. This will be a potential extreme target for SOL coin in the coming weeks. #solana For more analysis, pay attention to the universe, and share free daily spot passwords and bull market strategy layouts at the top of the list!

3 days ago
黑姐
黑姐
followers

Shiba Inu: The destruction rate surges by 4200%, will SHIB delete a zero now? Shiba Inu (SHIB) has seen a significant increase in its destruction rate. According to data from Shibburn, 86,015,940 (86 million) SHIB tokens were burned in the past 24 hours, increasing the burning rate by 4200.80%. One transaction in particular destroyed most of the tokens, sending more than 85 million SHIB to a “death wallet.” However, despite the surge in burn rate, the price of Shiba Inu (SHIB) continues to struggle. The popular meme coin faced a 2.5% correction on the daily chart and fell 3.6% on the weekly chart. Furthermore, the price of SHIB has fallen by more than 27% since February 2023. Nonetheless, the asset is up 4.2% on the 14-day chart and 4.8% over the last month. SHIB has been working to remove a zero it obtained last December. The price resistance level at $0.00001 proved to be a difficult price point to overcome. Will Shiba Inu (SHIB) drop a zero in the near future? According to CoinCodex, SHIB is likely to drop a zero by February 28, 2024, reaching a price of $0.00001025, an increase of approximately 8.4% from current levels. However, the platform does not expect the price of SHIB to hold and is expected to fall below $0.000009 by March 1, 2024. On the other hand, Changelly expects Shiba Inu (SHIB) to delete a zero this week, reaching a price of $0.00001006 by February 24, 2024, which would represent a rise of approximately 6.3% from current levels. However, Changelly also predicts that SHIB’s price will fall below $0.000009 by March 1, 2024. The platform expects the popular dog-themed cryptocurrency to reach a peak price of $0.0000159984 this year. However, we may see a rise in Shiba Inu (SHIB) in the second quarter of this year, driven by the Bitcoin (BTC) halving and the possible emergence of a spot Ethereum (ETH) ETF (exchange-traded fund). #SHIB

3 days ago
Learn_With_Fullo
Learn_With_Fullo
followers

Shiba Inu: Burn Rate Spikes 4200%, Will SHIB Delete a Zero Now? Shiba Inu (SHIB) has witnessed a significant spike in its burn rate. According to Shibburn, 86,015,940 (86 million) SHIB tokens were destroyed in the last 24 hours, pushing the burn rate by 4200.80%. One transaction, in particular, burned most of the tokens, sending over 85 million SHIB to the dead wallet. However, despite the spike in the burn rate, Shiba Inu’s (SHIB) price continues to struggle. The popular memecoin has faced a 2.5% correction in the daily charts and is down 3.6% in the weekly charts. Moreover, SHIB’s price has fallen by over 27% since February 2023. Nonetheless, the asset has rallied 4.2% in the 14-day charts and 4.8% over the previous month. SHIB has struggled to delete a zero it gained in December. The $0.00001 resistance level has proven to be a formidable price point. Will Shiba Inu (SHIB) delete a zero soon? According to CoinCodex, SHIB could delete a zero by Feb. 28, 2024, hitting a price of $0.00001025, a rise of about 8.4% from current levels. However, the platform does not anticipate SHIB’s price to hold, predicting it to fall below $0.000009 by Mar. 1, 2024. Changelly, on the other hand, anticipates Shiba Inu (SHIB) to delete a zero this week, reaching $0.00001006 by Feb. 24, 2024, a rise of about 6.3% from current levels. However, Changelly also predicts SHIB’s price to fall below $0.000009 on Mar. 1, 2024. The platform expects the popular dog-themed crypto to reach a maximum price of $0.0000159984 this year. However, we may see a Shiba Inu (SHIB) rally in the second quarter of this year, fuelled by Bitcoin’s (BTC) halving and the possibility of a spot Ethereum (ETH) ETF (Exchange Traded Fund). #SHIB2024 #dyor

3 days ago
Coinstages
Coinstages
followers

Cardano achieves its highest weekly close since May 2021, signaling potential long-term bullish cycle.Despite bullish indicators, caution advised due to bearish divergence on weekly RSI. Cardano (ADA) has been on a notable upward trajectory since September 2023, capturing the attention of cryptocurrency investors and analysts alike. The culmination of this rise was marked by a significant milestone in December when ADA reached a new yearly high of $0.68. This rally was not just a short-term surge but a movement that positioned ADA for its highest weekly close since May 2021, signaling a potential long-term bullish cycle for the digital currency. Despite the optimistic trend, ADA faced challenges in surpassing the $0.58 horizontal resistance area. The presence of six consecutive long upper wicks indicated substantial selling pressure at this level, casting doubts on the sustainability of the upward movement. However, ADA’s resilience was evident as it eventually secured a weekly close above this critical resistance area, setting a new benchmark for its performance since May 2022. The Bearish and Bullish Indicators: A Tale of Two Timeframes The weekly Relative Strength Index (RSI), a momentum indicator crucial for evaluating market conditions, presents a contrasting view. Despite ADA’s price achievements, the RSI has exhibited bearish divergence, often a precursor to potential downward movements. This divergence suggests that caution is warranted, even in the face of recent price gains. Conversely, the daily timeframe paints a more bullish picture, buoyed by positive price action, wave count, and RSI readings. ADA’s ability to break out from a descending resistance trend line and reclaim the $0.58 resistance area is a testament to its growing strength. An RSI movement above 50 further legitimizes the bullish sentiment surrounding ADA’s market behavior. To explore more thoroughly the bullish potential for Cardano, you can watch this YouTube video. Community Sentiment and Market Predictions The cryptocurrency community’s response to ADA’s performance has been overwhelmingly positive. Zach Humphries’s decision to accumulate ADA over several years, along with a poll by WhaleFUD suggesting that 48% of respondents believe ADA could surpass Ethereum in market capitalization, underscores the optimistic outlook for Cardano. Furthermore, Cardano’s founder, Charles Hoskinson, engaged with the community through a surprise AMA, fueling excitement and speculation about ADA’s future. Technical analysis, supported by the Elliott Wave theory, indicates that ADA is in the fifth and final wave of its upward movement. This analysis suggests a potential top of the increase at $0.83, representing a 40% gain from the current price level. However, investors are cautioned that a close below $0.58 could trigger a significant drop to the $0.50 support level, highlighting the volatile nature of the cryptocurrency market. At the time of writing, the price of ADA had fallen 0.64% in the last 24 hours, fell to price of $0.5959. But, this represents an increase of 3.33% over the past 7 days. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #cardano #ADA

3 days ago
Technical Trading
Technical Trading
followers

$SOL Analysis💥💥 Right now the price of solana is 105 to see a bullish move on solana we need to keep eyes on the resistances of solana. the first resistance level for solana is 106.50, if solana break this resistance then it will surge to 110. here is the second resistance of it breaks the 110 resistance then its next level will be 115 . if it break 115 level then it will surge above 118. on the other hand there are also the weaker zones the first weaker zone is 102.50, this is the support level. if it break this level then it can go down to 97.60, if it further break 97.60 level then its price will go to 93. #SOLUSDT! #solusdt #SolanaWealth #Write2Earn #DYOR!!

3 days ago
CRYPTO ASHLEY
CRYPTO ASHLEY
followers

🪙 #BITCOIN : It is the 9th daily candle, and BTC is still above the $50.7k support level. With both the resistance ($52.4k) and support ($50.7k) continuing to squeeze the price, a skeptical scenario is unfolding in the market. In this kind of situation, it is always better to consider both scenarios side-by-side and be prepared. Conditions: With BTC in its parabolic phase, it is likely to see another leg up toward the $60k range, but only if we see a daily close above the $52.4k resistance. On the other hand, BTC is at the peak of its resistance, and if it fails to hold the $50.7k support in the daily timeframe, then we can expect a correction. #Write2Earn #TrendingTopic

3 days ago
CryptoNewsLand
CryptoNewsLand
followers

ADA’s resilience at $0.60 signifies significant psychological and technical support, historically pivotal for buyers and sellers. The stability around $0.60 may precede a bullish leap to $0.66, driven by investor confidence and positive developments in the Cardano ecosystem. Failure to breach $0.66 could lead to consolidation or retracement, while a breach could propel ADA toward the $0.70 resistance level. Cardano’s (ADA) recent price movement has captured the attention of investors, with the cryptocurrency hovering around the critical $0.60 mark.  This level is not just a number; it represents a crucial juncture where both psychological and technical factors converge. Over time, $0.60 has proven to be a battleground where buyers and sellers contend fiercely, demonstrating its significance in the market dynamics of ADA. The current steadfastness of ADA around this threshold suggests a robust sentiment among investors, indicating a strong base of support for the cryptocurrency. This stability serves as a foundation for potential upward momentum, with the next target set at approximately $0.66. Achieving this milestone hinges on various factors, including increased investor confidence, positive developments within the Cardano ecosystem, and broader market trends favoring altcoins. However, the path to $0.66 is not without its challenges. While the support at $0.60 provides a safety net for ADA, it also contributes to a tightening price range between $0.60 and $0.66. This squeeze necessitates a significant influx of buying pressure to overcome the upper resistance. Failure to breach $0.66 could result in a period of consolidation or even a retracement for ADA. On the flip side, a decisive breach above $0.66 could pave the way for further gains, potentially towards the $0.70 region. Conversely, if ADA fails to maintain the $0.60 support level, it might face a bearish downturn, with potential fallbacks to lower support zones, such as $0.55 or $0.50. Read also: XRP’s Decisive Moment: Breaking $0.75 Barrier for Bullish Reversal Cardano’s Surging Rally: Will ADA Break the $0.5 Barrier? Cardano Holds Firm Amid Market Volatility: Key Insights XRP’s Resurgence: Top Analyst’s Insight Sparks Hope Can XRP Overcome the $1 Barrier and Target $15? A Close Look at Bent Fork B The post Cardano’s Crucial Battle: Will ADA Surge Past $0.60 Barrier? appeared first on Crypto News Land.

3 days ago
CryptoBeat
CryptoBeat
followers

📉 Bitcoin's price dipped to $50,664 on Feb. 21, raising concerns of widespread liquidations. The decline is attributed to Bitcoin miners selling off $8.2 billion worth of BTC and a decrease in ETF inflows this week. 😬 🔍 On-chain data analysis reveals: - Miners cut reserves by 160,000 BTC between Jan. 31 and Feb. 22 - Bitcoin ETFs slowed their buying trend by 73% between Feb. 19 and Feb. 22 📊 Price forecast: - BTC may hold above $48,500 if it loses the $50,000 support level - If bullish momentum prevails, resistance may emerge at around $55,830 🤔 What do you think? Will Bitcoin hold above $48,500 or break through resistance? Share your thoughts in the comments!

3 days ago
TheVRSoldier
TheVRSoldier
followers

Solana is trading above the $100 level, but has not yet reached its 2023 high and remains inside a neutral pattern. Let’s figure out which direction to expect a breakthrough in. Solana (SOL) price has been inside a neutral pattern since its 2023 high. Let’s try to figure out what kind of breakthrough should be expected – in the northern or southern direction. Solana consolidates above $100 The weekly timeframe shows that the price of SOL has risen after falling to a low of $79 in January. Over the past two weeks, it has formed two bullish weekly candles in a row and reached a high of $119. The token closed above the long-term $100 Fibonacci level, but failed to reach its 2023 high at $126. Instead, it formed a falling high. The weekly relative strength index (RSI) is giving mixed signals. Although the indicator is above the neutral 50 mark, it has also formed a bearish divergence that often precedes downside moves. SOL Forecast The daily timeframe cannot confirm the direction of the trend due to ambiguous price dynamics and wave analysis results. source: tradingview Solana is likely trading inside a symmetrical triangle constructed from the December 25, 2023 high. A symmetrical triangle is considered a neutral pattern, meaning the price can make either a bullish or bearish breakout from it. At the time of writing, Solana value is at $104.72. However, crypto trader Altcoin Sherpa believes that SOL is in a favorable position to enter the market: “Buying around $100 seems about right; The chart is still quite volatile. I think simply buy and hold #Solana will be the best strategy for most.” $SOL : Buying around $100 seems right; this is still a pretty choppy chart. I think that just buying and holding is going to be the best strategy for most people overall. #Solana pic.twitter.com/0bGFCwXZYv — Altcoin Sherpa (@AltcoinSherpa) February 20, 2024 Solana: When to Expect a Bullish Breakout? According to the VR Soldier experts, the wave analysis suggests that the price is consolidating in anticipation of a new bullish move. Most likely, SOL is in the fourth wave of a five-wave upward movement. It is possible that the fourth wave took the form of a symmetrical triangle. If this calculation is correct, the currency will continue to consolidate in the triangle and then make a bullish breakout from it. In this case, the price could rise by almost 40% to the next resistance at $145. Despite this bullish outlook, a bearish breakout from the triangle would mean that a local top has already been reached and SOL could fall 35% to the 0.5 Fib retracement support level at $69. The post Solana Above the $100 Mark: Will SOL Break the Records first appeared on The VR Soldier.

3 days ago
Crypto With Azam
Crypto With Azam
followers

A valid News For early investors. Some specilists shared this following information Please read carefully $JASMY soars 225% after breaking key resistance, signaling a significant win Regulatory shifts in Japan boost $JASMY , with venture capital fueling the nation’s crypto innovation, growth. Technical indicators suggest caution with $JASMY ’s RSI at 71.14, hinting at potential short-term pullback risks. JasmyCoin ( $JASMY ) exceeded market expectations with a 225% increase following a pivotal break in its resistance level, as highlighted by CryptoBusy, an analytic platform on X. This development comes on the heels of a forecast made on December 13, which accurately predicted the coin’s trajectory beyond a critical resistance point, signaling a lucrative opportunity for investors within the accumulation zone. At press time, JASMY was trading at $0.018544, with its trading volume reaching $1.6 billion over the past 24 hours, per CoinMarketCap. The market has witnessed a 59.58% uptick in value, underscoring a robust bullish momentum. Moreover, the technical indicators vividly show the current market dynamics. The 1-Day Relative Strength Index (RSI) 71.14 hints at a potentially overbought condition, suggesting investors tread cautiously for possible short-term pullbacks. Meanwhile, the Moving Average Convergence Divergence (MACD) echoes the strength of recent price gains, albeit with a cautious note on sustainability. However, the 1-Day Know Sure Thing (KST) reaffirms the strong short-term momentum, likely propelling the coin’s upward trajectory. #Jasmyusdt⚠️⚠️ #Write2Earn #TRENDING

3 days ago
比特币鸣哥
比特币鸣哥
followers

Good morning☀️Check in if you are a die-hard fan👍like and make a fortune🍗🍗🌹! A new day has begun, and February 2024 has entered a 6-day countdown. Bitcoin is about to be halved in 61 days. Currently, Bitcoin is still trading sideways around 51,000 points. Last night, about 3,965 BTC were transferred out from the grayscale address. Bitcoin once fell to 50,936 US dollars, but the other eight Bitcoin spot ETFs quickly took over, and Bitcoin quickly returned to above 51,000 US dollars. AI Artificial Intelligence After Nvidia announced its financial report yesterday, AI tokens surged across the board, and WLD once exceeded 9 US dollars and then Hitting a new high since its launch, AGIX ranked first in the gainer list yesterday, with a maximum increase of 46%. Today, all currencies in the AI ​​sector have made a correction, showing a trend of profit-taking. FIL in the storage sector broke through the resistance level of 8.1 US dollars, and the new currency STRK was previously developed Trading company StarkWare has agreed to significantly revise its token unlocking schedule after receiving heavy criticism from the community. Under the new unlocking plan, 580 million tokens held by early contributors and investors will be unlocked by the end of 2024, up from 2 billion under the previous plan. Boosted by this news, STRK has experienced a short-term rebound. The overall trend of the market at this moment is reflected in the support of news and narratives. If no new narrative and new positive news emerge, then the entire market will have a differentiated trend and continue to trade sideways. The operation at this moment It is also a time to test your wisdom and perseverance. If your direction is unclear, then please pay attention to Brother Ming and avoid getting lost on the trading road. Are you still optimistic about the currencies in the AI ​​artificial intelligence sector? #WLD #BTC #strk Contract account custody, executing AI strategies, and then dividing after profits are made. If you have any ideas, check it out.

3 days ago
CaptainAltcoin
CaptainAltcoin
followers

Crypto Rover, a crypto trader, predicts that MATIC is about to break out of a 3-year consolidation phase. According to Crypto Rover’s chart, the price has hit resistance three times in the past and is now approaching a fourth touch. A break above the $1.00 resistance line will make bulls more confident and push the price further upward. However, if the resistance holds, it may spell a major fall for the price of MATIC. AltFINS Analysis Shows Sideways Trading and Possible Breakout Crypto analytics firm AltFINS also analyzed MATIC’s price action. According to AltFINS, the price is trading in a Sideways Channel between $0.75 and $1.00. For trend traders, AltFINS recommends waiting for a breakout above the $1.00 resistance before entering new long positions, as this could open the way for the price to revisit $1.25. Swing traders can trade the channel by buying near channel support around $0.70-$0.75 and selling near the $1.00 resistance for a potential 35% gain. AltFINS suggests a stop loss just below the 200-day moving average and prior swing low around $0.67. AltFINS notes the short and medium term uptrend is intact, but the long term trend remains neutral. The analysts suggest a decisive break above the 3-year resistance level is needed to shift the long term trend to firmly bullish. You may also be interested in: Has Bitcoin’s 4-Year Cycle Been Broken? A Closer Look Says No as BTC Price Faces Crucial Test Why Is SUN Coin Price Pumping? BONK Outperforming Shiba Inu (SHIB) as New Memecoin Rebel Satoshi ($RBLZ) Starts To Gain Investor’s Attention Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Polygon’s MATIC Nears Critical 3-Year Resistance Level: A Make-or-Break Point for Its Next Major Direction appeared first on CaptainAltcoin.

7 days ago
Coinpedia
Coinpedia
followers

The post Can Your $100 in Worldcoin Turn To $1000 In This Crypto Bull Run? appeared first on Coinpedia Fintech News The cryptocurrency market has displayed a massive uptrend in its valuation today, with major altcoins adding significant value to their valuation. The Worldcoin price has added approximately 40% within the past 24 hours, making it one of the top gainers of the day in the crypto space. Worldcoin (WLD) Price On A Path To Test $10 Mark! The Worldcoin price traded in a closed range between $2.144 and $2.670 for a brief period, following which the bulls gained momentum, and the price broke out of the range. However. The rally was short-lived as it faced rejection at $3.273, after which the price traded sideways for a while. As the market volatility grew, the bulls regained momentum and recorded another jump of 53.40% within the next two days. After trading sideways for a while, the WLD token recorded another jump of 55.129% in valuation. TradingView: WLD/USDT The Worldcoin then faced rejection at $7.789, following which the price traded in a consolidated range between $6.291 and $7.789 for the next three days. Recently, the bulls successfully broke out of the resistance level but faced rejection at $8.831 and have been trading sideways since then. The Moving Average Convergence Divergence (MACD) displays a rising green histogram, indicating an increase in the buying pressure in the market. Further, the averages show a bullish convergence, suggesting a positive price action for the WLD token in the coming days. How High Will The Worldcoin Price Reach? If the market pushes the price above the $8.831 mark, the bulls will regain momentum and prepare to test the upper resistance level of $10 by the weekend. Conversely, if the bears overpowered the bulls, the WLD price would lose momentum and fall to test its support level of $7.789. Moreover, if the bears continue to dominate the market, it will further plunge and prepare to test its lower limit of $6.291 in the upcoming month.

3 days ago
Cryptos Headlines
Cryptos Headlines
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The SEI altcoin project, which brought considerable profits to cryptocurrency investors, hit a peak of $1.03 on December 18, 2023, setting a new record. However, after that, its value has been gradually decreasing, and it’s been trading within a certain price range. Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On CryptosHeadlinesToken.com Recent data shows that SEI has been fluctuating, with a noticeable 18% decline. Now, let’s delve into the analysis of these trends. SEI’s Price Movement and Potential Trend Reversal Altcoin SEI has recently witnessed an impressive surge, achieving a remarkable gain of 345% within a short period. However, recent developments indicate that SEI may be transitioning into a downward trend. After peaking at $1.03 on December 18, 2023, SEI experienced a decline, dropping to $0.56. Subsequently, it recovered to $0.94 after a period of consolidation. However, this upward momentum couldn’t be sustained, and prices fell below $0.88 following a 10% drop. For SEI, the critical resistance level of $0.88 transforming into support could potentially invalidate the downward trend. This transformation could facilitate SEI’s movement towards higher price levels. However, strong consolidation at the $0.88 level is necessary for this scenario to materialize. SEI’s Price Analysis and Potential Scenarios Technical analysis indicates that Altcoin SEI is currently on a downward trend, experiencing a significant 20% decline. However, the trajectory of SEI’s price could be influenced by a potential rally in Bitcoin’s price. Such a rally could disrupt SEI’s downward trend and result in a price increase. Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On CryptosHeadlinesToken.com The $0.88 resistance level plays a crucial role in determining SEI’s future direction. If SEI manages to turn this resistance level into support, it could negate the bearish scenario and pave the way for higher prices. While a downward trend in SEI’s price seems plausible, the possibility of a Bitcoin rally could alter this scenario. Turning the $0.88 resistance level into support could invalidate the downward trend and lead to a price increase. Investors should closely monitor SEI’s performance at these critical levels. In the event of an 18% drop, SEI’s price could potentially fall to $0.70. As of now, Altcoin SEI is trading at $0.86, with $0.88 being a crucial resistance level that investors should keep an eye on. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #SEI #Bitcoin #Altcoin #Cryptocurrency #CryptoNews

3 days ago

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