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FET/USDT Analysis – Potential Inverse Head & Shoulders FormationThe daily chart for NYSE:FET (Fetch.AI) is currently showing signs of forming an inverse head and shoulders pattern, a bullish reversal indicator. Notably, both the Money Flow Index (MFI) and the Volume Weighted Average Price (VWAP) are starting to turn upward, further supporting a potential bullish outlook. Key support and resistance levels, along with the supply and demand zones, have been highlighted. It’s important to keep in mind that NYSE:FET faces resistance near the $1.561 and $1.870 levels, while support lies around $1.103 which is our weekly pivot. Upcoming events, such as the FOMC meeting on September 17-18, could have a significant impact on global markets, including cryptocurrencies. Market expectations are leaning toward a potential rate cut, which may lead to a short-term pump across Bitcoin and altcoins, followed by a broader market correction. As always, please conduct your own research before making any trading decisions. This is not financial advice.
by utkarshx27
A Glance at Helium (HNT) Crypto: A Elephant Or A Paper TigerA Glance at Helium (HNT) Crypto: A Elephant Or A Paper Tiger Per the on-chain research from IXFI, the HNT has a 0.62 price correlation, making it less likely to follow BTC's price activity. The IMX has improved and now it follows a separate price structure. Helium (HNT) has seen a more than 140% increase in its trading price, driven by a breakout from a falling wedge pattern. The daily chart's upward movement has not shaken much and continued despite the major dips in the broader market. The $3.3-$3.5 demand zone has displayed its strength, which played an essential role in the current trend. Over the past week, consistent gains of 6.11% were seen taking support from the 20-day EMA band. The price over the long term is very optimistic, as the price of Helium (HNT) has sustained this month above the 50-day and 200-day EMA bands. HNT price is exhibiting signs of stepping into a bullish market phase for the longer term. As of writing, the trend showcases a possible target of $9 and $10. There’s a higher capacity ahead for AAVE price to hit $14, marking a gain of more than 100% by the end of 2024. However, if the price faces resistance from $8.0, then bears could eye support of $5.5 and $4.0, respectively.
COINBASE:HNTUSDLong
by Yash_Jain_1309
Bome Usdt Bullish Expansionary Setup - BOME belongs to a meme culture so make sure your whole Portfolio is not allocated in a meme coin as they lack utility - Meme cryptos in this season can surely outperform many old cycle cryptos so in that way your meme exposure should be a minimum of 20% out of 100% allocation - Bome is currently sitting at its base where we have seen it making consecutive higher lows but once it breaks the structure and starts to build a base it will soon move up big especially when you see its peers outperforming - Position yourself for scalability and not greed and make sure your horizon it at least 3 months - Accumulation Zones - 0.007331-0.008000 - Offloading Zones - 0.010918-0.014269
Long
by VKtradesimbalance
Strategic Buy Opportunity in #STORJ CryptocurrencyDescription: Unlock the potential of STORJ with a fundamentally-driven approach to buying this innovative cryptocurrency. This guide provides crucial insights into the underlying factors influencing STORJ's market performance, enabling you to make informed investment decisions. Fundamentals Overview: 1. **Decentralized Storage Demand**: STORJ is at the forefront of decentralized cloud storage, a sector poised for significant growth as more businesses and individuals seek secure, scalable, and cost-effective data storage solutions. The increasing adoption of decentralized storage technology could drive demand for STORJ tokens. 2. **Partnerships and Ecosystem Growth**: Keep an eye on STORJ's strategic partnerships and developments within its ecosystem. Collaborations with major tech firms and integration into popular blockchain platforms can enhance STORJ's utility and value proposition. 3. **Supply and Tokenomics**: Understanding STORJ's token supply, distribution, and inflationary or deflationary mechanisms is essential. Limited supply, combined with growing demand, could positively impact the token's price. 4. **Market Sentiment and Adoption**: Monitor the broader market sentiment towards cryptocurrencies and blockchain technology. Positive sentiment and increased adoption across various industries can provide a strong tailwind for STORJ. Disclaimer: Cryptocurrency trading involves significant risk and is not suitable for all investors. The highly volatile nature of cryptocurrencies, including STORJ, can result in substantial losses. It is crucial to fully understand the risks involved and carefully consider your investment objectives and financial situation before engaging in cryptocurrency trading. Past performance is not indicative of future results. Always consult with a qualified financial advisor if you are uncertain about your investment strategy. --- This guide offers a well-rounded foundation for making strategic buy decisions on STORJ, focusing on key fundamentals that could drive its future performance. Stay informed and prepared to seize opportunities in the dynamic world of cryptocurrency trading.
Long
by MoonTradingForecast
2
Strategic Buy Setup for #WIF CryptoDescription: Discover the potential of WIF cryptocurrency with our strategic buy setup on TradingView. This guide offers a detailed overview of the key fundamentals driving the WIF token, helping you make informed trading decisions in the rapidly evolving crypto market. Fundamentals Overview: 1. **Token Utility**: Understand the use case of WIF within its ecosystem. Whether it's facilitating transactions, enabling smart contracts, or serving as a governance token, the functionality of WIF is crucial to its value proposition. 2. **Market Adoption**: Keep track of partnerships, integrations, and overall market acceptance of WIF. Increased adoption by developers, businesses, and users can significantly enhance the token's value over time. 3. **Supply Dynamics**: Analyze the total supply, circulating supply, and tokenomics of WIF. Factors such as token burns, staking rewards, or lock-up periods can affect supply scarcity and influence price movements. 4. **Regulatory Environment**: Stay informed about global and local regulations impacting cryptocurrencies, especially those specific to WIF. Regulatory news can lead to sharp price fluctuations, offering both risks and opportunities. Disclaimer: Trading cryptocurrencies, including WIF, involves a high level of risk and may not be suitable for all investors. The market is highly volatile and can lead to substantial financial loss. It is essential to fully understand the risks, consider your investment objectives, and assess your financial capacity before entering the crypto market. Cryptocurrencies are also subject to regulatory scrutiny, which may affect their value. Always seek advice from a professional financial advisor if you are unsure about your investment decisions. --- Use this comprehensive guide to refine your approach to trading WIF on TradingView. By staying informed on key fundamentals, you can position yourself to capitalize on potential buy opportunities while navigating the volatile landscape of cryptocurrency markets.
Long
by MoonTradingForecast
1
Strategic Buy Opportunity in PEPE Cryptocurrency Description: Seize the potential in the PEPE cryptocurrency with this informed buy strategy on TradingView. This guide offers crucial fundamental insights tailored to help you navigate the volatile yet promising world of meme-based digital assets like PEPE. Fundamentals Overview: 1. **Market Sentiment**: PEPE, as a meme-based cryptocurrency, is heavily influenced by community engagement, social media trends, and overall market sentiment. Monitoring these factors is key to understanding price movements. 2. **Adoption and Usage**: Keep an eye on the adoption rate of PEPE within the broader crypto ecosystem. Partnerships, listings on major exchanges, and integration into decentralized finance (DeFi) projects can drive demand and influence price appreciation. 3. **Regulatory Environment**: Stay informed about the evolving regulatory landscape surrounding cryptocurrencies. Changes in regulation or government stance on digital assets can have a significant impact on PEPE’s market dynamics. 4. **Supply Dynamics**: As a cryptocurrency with a fixed or limited supply, changes in the circulating supply or large holdings by whales can lead to price volatility. Monitoring these supply factors is crucial for timing buy opportunities. Disclaimer: Cryptocurrency trading, including trading meme-based assets like PEPE, involves a high level of risk and may not be suitable for all investors. The volatile nature of these assets can result in significant losses. Before trading, ensure you fully understand the risks, and only invest what you can afford to lose. The market for cryptocurrencies is unregulated and can be influenced by unpredictable factors, including social media activity. It is strongly recommended to seek advice from a financial advisor if you are unsure about your investment strategy. --- Utilize this guide to enhance your understanding of the PEPE cryptocurrency and make well-informed buy decisions. Stay updated with market trends and fundamental insights to maximize your trading potential in this exciting yet unpredictable asset class.
Long
by MoonTradingForecast
1
Buy Trade Idea for Crypto ZETA Capitalizing on Strong MarketDescription Crypto ZETA is rapidly gaining traction in the digital asset space, underpinned by strong fundamentals and a promising future. Here are the key highlights: - **Innovative Blockchain Technology:** Crypto ZETA leverages an advanced blockchain protocol designed to improve transaction speed and scalability, addressing key challenges faced by other cryptocurrencies. - **Robust Security:** The network employs state-of-the-art encryption and consensus algorithms, ensuring high levels of security and resilience against attacks. - **Expanding Ecosystem:** Crypto ZETA is witnessing increasing adoption, with a growing number of decentralized applications (dApps) and partnerships contributing to its ecosystem's expansion. - **Efficient Transaction Costs:** The network's design ensures low transaction fees, making it an attractive option for users and developers seeking cost-effective blockchain solutions. These solid fundamentals position Crypto ZETA as a promising investment opportunity, making it a strong candidate for a buy trade in the current market environment. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast
Can Arbitrum Crypto Revive From The Lows Amid Improved SentimentCan Arbitrum Crypto Revive From The Lows Amid Improved Sentiments Arbitrum crypto seemed to be consolidating after a sharp fall that took away the annual support. The recent sessions have observed a notable rise in the social metrics like social dominance and social volume. Arbitrum crypto seemed to be stabilizing after a sharp crash and has dropped below the annual lows. The crypto has been suffering a strong selling pressure since Mid march and has dropped over 65% from this year's high. The short term as well as long term trend outlook is bearish at the moment which adds the risk of further fall in the crypto. However, the recent sessions have observed some notable change in the social metrics. Let's uncover those developments in the social metrics and try to correlate it with ARB price. It would be worth analyzing whether ARB investors should wait for a recovery or look for other better investment opportunities. Arbitrum Crypto: Analyzing The Social Metrics At the time of writing, Arbitrum crypto was hovering close to $0.79 recording a swift 0.51% negative development today. The price performance has been negative in the short term with 29% decline a month and over 50 in the last three months. However, there has been a notable development in the social metrics which adds a ray of hope for the ARB investors. As per the data obtained by a financial website app.santiment.net, the social volume and social dominance have observed a healthy growth in the recent sessions. The social dominance and volume has nearly doubled in the past two weeks, indicating the increasing user interactions. An increased social metrics generally reflects a positive development in the price. ARB Crypto: Technical Outlook? From a technical point of view, Arbitrum crypto trades below all the key exponential moving averages of 20, 50 and 200 days indicating a strong bearish trend in the short term as well as long term. The recent price action highlights that the key 50 day EMA has been acting as dynamic resistance for the crypto. Currently, any surge in the price may be taken as a sell on rise opportunity for the bears until the price is maintained below the $0.96 level. A breakout above the $0.96 may result in a bullish reversal, however it requires a consolidation at the recent support followed by a breakout with strong volume. on the lower side, if the price breaks below $0.77, it may head straight towards the $0.73 and $0.70. Can Arbitrum Price Turn Bullish Again? Arbitrum crypto has been recently facing a bearish trend, having plummeted over 65% from this year's peak. The persistent selling pressure since mid-March has pushed the price beneath all critical exponential moving averages (EMAs) of 20, 50, and 200 days, signaling a strong downtrend. Currently, any short term price surge may be viewed as an opportunity for bears to sell, as long as the price stays under $0.96. A breakout above this level could suggest a bullish reversal, however it requires consolidation at current support levels. Conversely, a drop below $0.77 could lead the price to decline towards $0.73 and $0.70. Key levels to watch are $0.96 for potential reversal and $0.77 for further declines.
COINBASE:ARBUSD
by Ritika_TCR
1
Dog (Runes) Crypto Analysis : What's Ahead After 30% Surge A WeeDog (Runes) Crypto Analysis : What's Ahead After 30% Surge A Week Dog (Runes) crypto delivered a strong performance rising over 30% a week and 326% a month. At the time of writing, the crypto was exchanging hands close to $0.0088 recording an intraday drop of 5.62%. Dog (Runes) crypto was headed for a profit booking intraday after showcasing a tremendous growth in the previous sessions. Since its inception in April, the crypto has been on a continuous rise and has surged over 547%. The memecoin has outperformed several cryptocurrencies and has soared 30.6% a week and over 326.1% a month. DOG (Runes) crypto is a community led memecoin that operates on a decentralized basis within the Bitcoin blockchain. Launched in April, 2024, It was distributed through airdrop by volunteers to members of the Bitcoin Ordinals community, without any allocation for the team or prior sale. The coin's goal is to skyrocket in value and introduce a vast number of users to Bitcoin. It exists within the Runes Protocol on the Bitcoin network and is available for trading across Bitcoin's primary layer, secondary layers, and various centralized exchanges. Can Dog (Runes) Crypto Head for A Correction? The Dog (Runes) crypto has made an impressive rally and has turned out to be a multibagger for their investors. At the time of writing, the crypto was exchanging hands close to $0.0088 indicating a decline of 5.62% indicating a profit booking. Despite gaining in intraday, the bears are still not looking confident as the price still hovers above the previous day's low. Now, any sustained move below the previous day's low value may drag the price for a short term correction towards the 20 day EMA. whereas, until the bulls are able to defend the lows, the crypto may continue to add on buying volume inflow and the price may keep growing. The volume analysis shows that the Intraday volume inflow was $52.76 Million which was 35.5% lower than the previous day suggesting a drop in the volume. It indicates the losing interest of the bulls at the higher prices. Dog (Runes) Crypto: Technical Outlook from a technical point of view, the Dog (Runes) price trades comfortably above the key dynamic support of 20 day Exponential moving average suggesting a strong outlook. The EMA may act as a support if the price takes a pullback. At press time, the RSI line was placed in the overbought zone at 70.17 points and that of the SMA line was at 70.11. It indicates the price trading in an overbought zone and a pending correction or consolidation. Also, both the lines were about to form a bearish crossover which adds confirmation to it.
Long
by Ritika_TCR
1
Brett Crypto Explodes 38.56% In Intraday: Time To Ride The TrendBrett Crypto Explodes 38.56% In Intraday: Time To Ride The Trend? At the time of writing, Brett crypto was exchanging hands close to $0.107 recording a positive intraday development of 38.47%. Brett has surpassed the Milestone of $1 Billion Market cap within four months since its launch in February. Brett crypto has made a remarkable 38.47% rally in Intraday listing itself in the top trending list of coinmarketcap.com. This impressive ascent has elevated the meme-based digital currency into the exclusive club of cryptos with a market capitalization exceeding $1 billion. The BRETT investors and community are rejoicing as the crypto has achieved this milestone in just 4 months since its debut in February 2024. Moreover, the community is comparing this achievement to that of Dogecoin which took several years to achieve this milestone. Also, the community draws a comparison with pepe, which also achieved this milestone in several months. Positioning itself as a pivotal cultural symbol within the crypto world, Brett serves as the emblematic figurehead for Base Chain. As Base Chain's network continues to broaden, it's becoming a central hub for a multitude of projects and applications. The expansion of the Base Chain ecosystem lays a robust groundwork for BRETT's valuation to prosper. It benefits from the collective resources and know-how of various projects within the space. With the ongoing growth of Base Chain, the prospects for BRETT to flourish and enhance its services also increase. Social Sentiments On The Rise! Moreover, the social sentiments have exploded much earlier than that of Brett's price. The recent sessions have observed a massive growth in user engagement on the various social platforms. As per the data obtained from a financial website app.santiment.net, there has been an 80 to 100% growth in the social metrics social dominance and social volume in the last two weeks. The social metrics includes the twitter news, followers and active users on the various platforms like Telegram, Twitter (X) and others. It reflects how much it is talked about, valued, and sought after by the crypto community. It shows how popular, active, and in-demand the crypto is among users. A rise in the social metrics typically signifies a boost in user involvement, suggesting a growing demand for the cryptocurrency. This trend often has a favorable effect on its market value. What’s Next For Brett Crypto? From a technical point of view, the BRETT crypto is trading with a bullish bias near its all time high value. The remarkable intraday increase of over 38.47% indicates a dominant bullish market sentiment. The surge in trading volume by more than 44% points to sustained high interest, which could potentially drive the price to new peaks above the current ATH. Now, If the momentum resumes, the bulls may look to conquer the next major hurdle of $0.15 on the higher side. Moreover, a bullish crossover in the RSI supports the continuation of the trend. At the time of writing, the RSI line was placed at 71.14 while the SMA line was at 68.77 points. Conclusion. Brett crypto has soared by 38.47% in intraday listing itself in the top trending crypto. Moreover, BRETT has surpassed a $1 billion market cap in just four months post-launch, a milestone that took Dogecoin years. Furthermore, the social engagement metrics are showing a growth of over 80%, indicating heightened community interest and potential demand. From a technical outlook , Brett price is trading near its all-time high, with a 44% volume increase. A bullish crossover in RSI suggests that the trend may continue. The community's excitement and technical analysis both point to a strong upward trajectory for Brett's value.
Long
by Ritika_TCR
1
Ethereum Technical Analysis - ETH has been very dominant in the crypto market recently because of its ETF Approval - A lot of people are missing out on the S-1 Form Approval and bought the FOMO - Institutions are going to bring back prices to the equilibrium and make sure they are accumulating things for cheap - 3100-3400$ can act as a very strong Demand/Area Of Interest that can easily bring price down and then show another impulsive move towards 5000$ - Ethereum looks bearish as of now/short term so take decisions accordingly
Long
by VKtradesimbalance
2
OI & Whale Activity Escalate: BLUR crypto on the edge of RecoverOI & Whale Activity Escalate: BLUR crypto on the edge of Recovery? A rise in whale transaction activity may signal an impending bullish trend reversal. The Blur price has started correlating proportionally to the increased OI data curve suggesting an initiation of a new phase. The Blur crypto has witnessed some signs of hope in the recent sessions after a strong push from the recent demand zone of $0.34 level. Bulls are striving to establish a solid base at this level to pivot the trend in a bullish direction. With the overall market trending upward, it suggests that Blur crypto might be preparing for a path to recovery. Additionally, significant shifts in Whale activity and Open Interest (OI) data hint at the potential beginnings of a trend reversal. Let's analyze the o-chain metrics to draw a clear picture about the anticipated price movement ahead. Whales Activity and OI data highlights the possibility of a recovery As per the data obtained from the app.santiment.net website, there has been an increment in the whale transactions count. It suggests that these large-scale investors may be accumulating assets in anticipation of a market upswing, which could lead to a price recovery for the cryptocurrency. Additionally, the Open Interest (OI) data indicates a growing number of open contracts over the past two weeks, coinciding with the price stabilizing near the demand zone. This suggests that a significant number of derivatives traders are adopting a bullish stance in this area. Furthermore, there's a notable correlation between the BLUR crypto price and the Open Interest data, hinting at a likely upward trend continuation for the cryptocurrency's price. Can Blur Crypto Reclaim Highs Soon? Despite the positive signal from the OI data and whale activity data, the price is yet to prove itself on the charts as it still hovers in the same consolidation zone. However, the recent trading sessions have seen a marked increase in buyer activity, suggesting growing market enthusiasm. Should the price breach the $0.437 resistance level, it could signal a trend reversal and pave the way for further gains, potentially reaching $0.5 and $0.56 levels. Nonetheless, as long as the price fluctuates between $0.437 and $0.34, the likelihood of continued consolidation and lateral movement remains high. Conclusion. Blur (BLUR) crypto shows promise with a strong base forming at the $0.34 demand zone, indicating a bullish trend. Moreover, The market's upward trend and increased Whale and OI activities suggest a potential reversal. Data reveals more whale transactions and growing OI, with prices stabilizing near the demand zone, reflecting a bullish sentiment among traders. Furthermore, A price surge past $0.437 could confirm a trend shift and target higher levels of $0.5 and $0.56. However, the crypto may continue to consolidate until it is maintained in the range within the $0.34 to $0.437.
COINBASE:BLURUSDLong
by Ritika_TCR
Tensor Crypto Fails To Gain Traction: Another All Time Low In ThTensor Crypto Fails To Gain Traction: Another All Time Low In The Loop? Since its launch in April, Tensor Crypto has experienced a persistent decline, plummeting by over 65% from its peak value. In a recent development, Coinbase, a prominent U.S. cryptocurrency exchange, announced the introduction of futures trading for TNSR Crypto, potentially signaling a new phase of market engagement. Tensor Crypto has witnessed a significant downturn since its introduction in April, with its value diminishing by over 65% in recent weeks. The daily charts indicate a lack of recovery trends. Nonetheless, there's a noticeable deceleration in the decline, hinting at a growing buyer interest at these lower price points. Yet, this uptick in buying is still insufficient to outweigh the prevailing selling pressure. On a positive note, the cryptocurrency has received favorable news that could potentially mitigate its recent downturns. By integrating these elements with a focus on pricing trends, we can attempt to forecast the future trajectory of Tensor Crypto in the upcoming trading sessions. Coinbase's Announcement Sparks Optimism in Tensor Crypto Investors! Tensor Crypto experienced a rebound in its valuation, regaining some lost ground following Coinbase's announcement to introduce Futures trading. The American cryptocurrency exchange, Coinbase, has revealed that it will list three new altcoin perpetual futures contracts, namely Jupiter (JUP), Token (TNSR), and Jito (JTO). @CoinbaseIntExch will add support for @JupiterExchange LSE:JUP , @tensor_hq $TNSR, and @jito_sol CRYPTOCAP:JTO perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of JTO-PERP, JUP-PERP, and TNSR-PERP markets will begin on or after 9:30am UTC on 16 MAY 2024. pic.twitter.com/7O7bDWCUsS— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) May 9, 2024 These new contracts are slated to be launched on both the Coinbase Exchange and the Coinbase Advanced trading platforms, with trading set to commence on May 16, 2024, at 9:30 UTC. This initiative is a continuation of Coinbase International's strategy, which previously expanded its trading options by introducing AR-PERP, HBAR-PERP, and THETA-PERP contracts. Will TNSR Crypto's Declining Channel Lead to a Breakout or Further Breakdown? Tensor Crypto (TNSR) recently saw a surge of nearly 25% following Coinbase's announcement to introduce futures trading. Despite this, the broader market's weakness has eroded most of these gains in the last couple of sessions. Analyzing the price swings, TNSR appears to be trapped in a descending channel pattern, having recently faced a setback at the channel's upper boundary. The recent downturns have nudged the cryptocurrency perilously towards the channel's lower boundary, placing it at risk of a new record low in less than a month. Currently, both the short-term and long-term outlooks remain bearish, advising investors to remain on the sidelines until a clear reversal pattern emerges. For a potential uptrend to take hold, it's crucial for the bulls to halt the formation of new lows and achieve a breakout above the key resistance and psychological threshold of $1. Conversely, if TNSR breaches the support level at $0.75, it could spiral down to unprecedented lows, prolonging the bearish phase. Investors should monitor these critical levels closely to gauge the crypto's next directional move. Conclusion. Tensor Crypto has dropped significantly since April, losing over 65% of its peak value. Despite a brief recovery after Coinbase announced futures trading for TNSR, market weakness led to the loss of most gains. Currently, the crypto was in a descending channel, risking a new recording low within a month. Moreover, The trend outlook is bearish, that's why investors are advised to wait for a reversal. A breakout above $1 could signal an uptrend, while falling below $0.75 support might lead to new lows. Investors need to keep a close monitor on the price action for future investment decisions.
COINBASE:TNSRUSDShort
by Ritika_TCR
Can the 50 EMA Spark a Bullish Resurgence For PRIME Crypto?PRIME crypto bounced back after retracing the 50-day exponential moving average. At the time of writing, the Echelon Prime crypto was up nearly 1.27% and was trading close to $19.38. The PRIME crypto has been trading swiftly in Intraday on Monday and has added over 1.27% to its market capitalization. The current market capitalization has surpassed the $693.4 Million and it ranks 110th in the overall crypto market. During the previous week, the Echelon Prime crypto experienced volatility, with major ups and downs. In the initial sessions, there was a selling pressure. However, in the later sessions, the bulls seemed to have returned, and the price rebounded after retracing the 50-day EMA. The question on everyone's minds now is whether the bulls can continue to gain momentum this week. Can Bulls Keep Gaining This Week? The last week saw a recovery in the later sessions. the bulls might try to capitalize on this week and attempt to reclaim the previous high, but they require volume inflow support to do so. The PRIME crypto has been trading slightly higher in Intraday today. However, the volume inflow has dropped by almost 22.06% in intraday today. This decrease in volume inflow contradicts the possibility of a resurgence. The intraday volume received was $5.363 million. Both short-term and long-term trend outlooks are bullish, which may drive the overall trend on the higher side. However, volume support is required to push the price further. Social Sentiment Keep Growing? The social sentiment tools, such as social volume and social dominance, provide valuable insights into the shifts in the behavior of social media users regarding the Echelon Prime cryptocurrency. These tools help in analyzing user activity across various platforms, including Twitter, Telegram, Instagram, and others. The social media activity informs about any updates or changes occurring within the cryptocurrency community. Moreover, the social activity chart displays that the social dominance and social volume of the PRIME crypto have drawn a positive curve in the short term. This upward trend is a promising sign, indicating a healthy growth in the number of social users interested in the Echelon Prime cryptocurrency. Prime Crypto Price Prediction April 2024. The PRIME crypto price prediction for April 2024 shows that the crypto may advance to a high of $27.9 if buyers are able to hold the price above the 20-day exponential moving average. Whereas, the less optimistic analysts estimate a price target of $13.89 on the lower side after the breakdown below $17.52 and 50 EMA. Conclusion. The PRIME crypto has been trading with volatility but has added over 1.27% to its value. The market capitalization has surpassed $693.4 million and ranks 110th in the overall crypto market. Both short-term and long-term trend outlooks are bullish, but volume support is required to push the price further. Social sentiment tools indicate a healthy growth in the number of social users interested in the Echelon Prime cryptocurrency. The PRIME crypto price prediction for April 2024 shows that the crypto may advance to a high of $27.9, while less optimistic analysts estimate a price target of $13.89. Technical levels: Support levels: $17.52 and $13.89 Resistance levels: $21.72 and $27.9 Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
COINBASE:PRIMEUSDLong
by Ritika_TCR
Brett Crypto : Post-Crash Stability, but Will It Bounce Back?Brett Crypto has been consolidating near the monthly lows for the last two weeks. The BRETT price is down significantly 5.04% in Intraday and currently trades close to $0.065. The Brett crypto is extending the losses on the second consecutive day and has dropped by more than 5% at the time of writing. It was trading close to 0.065 USD and is intending to close the session in red. The daily chart depicts a consolidation of over two weeks near the monthly low value. The Brett crypto noted a high volatility in March after its launch. The price surged massively in the earlier weeks of March however crashed in the last week near $0.088. Furthermore, the volatility dropped from the very start of April month and a consolidation was observed in the last two weeks. Several indecisive candles are being formed over the daily chart which is creating a confusing scenario for the traders and Investors. The $0.088 and $0.042 levels are acting as the upper and lower supply zone for the crypto. Any breakdown of the consolidation may decide the next clear trend. Until the crypto is maintained in the range, the trend outlook is indecisive and sideways. Any sustained move after breakout may validate a trend reversal and the price may show gains thereafter. On the other side, the price hovers near the monthly low value which increases the probability of a breakdown. A trend continuation may be observed in case of breakdown. Brett Crypto Volume Analysis The volume inflow has increased by 8.52% as compared to the previous day’s volume and has reached 28.06 Million USD at the time of writing. The live market capitalization of BRETT cryptocurrency is 556.88 Million and ranks 218th among all the cryptocurrencies. The volume to market cap ratio is 4.79% suggesting low volatility in the crypto. It has 8.55 Billion BRETT tokens in the circulating supply which is nearly 85.55% of the total supply. It has a total supply of nearly 10 Billion BRETT tokens. Brett Crypto Technical Analysis From a technical point of view the BRETT cryptocurrency price hovers below all the key EMAs of 20, 50 and 200 days suggesting a weak outlook in the short term as well as long term. At the time of writing, the RSI line was hovering close to 31.48 points and that of the SMA line was at 32.0 points. Both the RSI and SMA line were placed below the mean line and near an oversold region indicating a negative outlook as per the RSI analysis. Brett Crypto Forecast 2024 On the most bullish observation, The BRETT price could rise to a high of $0.193 by the end of April 2024 if buyers are able to surpass above the $0.088 resistance. On the flip side, the most pessimistic prediction of our analysts is for the price to break below the recent support of $0.042 level after which the price may fall to $0.001 level. Conclusion. Brett crypto is facing a continued decline on the second consecutive day and is likely to end the day lower. Currently, the price is consolidating near monthly lows After facing high volatility in the last month. The price fluctuation is confined between $0.088 and $0.042, with a breakout or breakdown expected to set the future trend. Currently, technical indicators like EMAs and RSI suggest a bearish outlook, with the RSI near the oversold territory. Market capitalization stands at $556.88 million, with a low volatility indication from the volume-to-market cap ratio. Technical levels: Support levels: $0.042 and $0.001 Resistance levels: $0.088 and $0.193 Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
by Ritika_TCR
Bitcoin Retracement Loading - Bitcoin is currently trading at 67,100$ not even 20% down from its All-Time High but Altcoins have already retraced more than 20-30% - I have marked 2 Important Point of Interest and it may help you guys more from a reference perspective to exactly where how much more could Bitcoin fall - 58,000-60,000 looks like a Magnet to me - 52,000 looks like something that can make Bitcoin's next move the biggest impulsive move ever seen - Do not invest Blindly if you don't understand the schematics and the risk involved in Crypto Currencies
Short
by VKtradesimbalance
UFO Is Also Start Coming in Crypto.UFO Coin: Short Fundamentals, Recent News, and Disclaimer Fundamentals: Limited information available: UFO Coin, like many lesser-known cryptocurrencies, lacks readily available and comprehensive information. Unclear purpose and functionality: Without more details about UFO Coin, it's difficult to determine its purpose, what problem it aims to solve, or the underlying technology it utilizes. Recent News: Unable to locate relevant news: Due to the limited information on UFO Coin, there aren't enough identifiers to find specific news sources. Disclaimer: Proceed with caution: Given the lack of available information, investing in UFO Coin could be highly risky. Conduct thorough research: Always perform in-depth research on any cryptocurrency before investing, regardless of its popularity. Look for established projects with clear goals, active development teams, and well-defined whitepapers. Additional Notes: Consider established coins: If you're new to cryptocurrency investing, it might be wiser to start with more prominent coins with a longer track record. Beware of scams: The cryptocurrency space unfortunately attracts scams. Be cautious of unsolicited investment opportunities or projects with overly ambitious promises. Recommendations: If you're interested in learning more about UFO Coin, try searching for it on reputable cryptocurrency websites or forums. Be cautious of sources that seem promotional or lack credibility. Look for a whitepaper or project roadmap that explains UFO Coin's purpose, functionality, and development team before considering any investment. If you're new to the cryptocurrency market, think about investing in more established cryptocurrencies with a proven track record. Disclaimer: This information is for educational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and carry significant risks. Do your own research before making any investment decisions
ULong
by MoonTradingForecast
🚀 MATIC - High-Reward Opportunity with a 1:307 Risk-Reward.Discover an exciting trading opportunity with MATIC (Polygon) cryptocurrency. With a risk-reward ratio of 1:307, this trade offers immense potential for profit. 📈 The 1-week chart indicates a significant bullish flag pattern, suggesting an imminent price surge. 🚩 Risk Management: Protect your capital by setting a stop-loss at -30% from your entry point. This precautionary measure ensures limited losses in case of unfavorable price movements. ⛔️ Reward Potential: Set your target based on your trading strategy, risk tolerance, and market analysis. The bullish flag pattern indicates the potential for substantial gains. Continuously monitor the market to adapt your target as needed. 💰 Holding Period: The optimal holding period will depend on your individual trading approach. Stay vigilant, evaluate market conditions regularly, and exit the trade when it aligns with your strategy. ⌛️ Your compensation will be based on the extent to which the trade reaches your target. The further MATIC surpasses your target, the higher your return will be, providing motivation for maximizing gains. 💪 Disclaimer: Cryptocurrency trading carries risks. This information is for educational purposes only and not financial advice. Conduct thorough research and consult a professional advisor before making any investment decisions. 📚 Take advantage of this MATIC opportunity and participate in the potential bull run. Good luck with your trades! 🚀🤞
MLong
by Vivek4526
AXS/Axie Infinity Trade Idea- Axie is a leader of Metaverse - Axie is narrative-based crypto once you see a Positive Catalyst in the Metaverse space you will see this spiking hard - Positioning yourself in Axie makes sense right now from an investment perspective - Give this investment a minimum time of 2-3months and see this rallying like anything - From a Trading Perspective short term targets stay around 10-11$ - Don't over risk please if you can't hold for long, sl for swings - 10%
Long
by VKtradesimbalance