하우스 엣지；카지노사이트；바카라사이트；카지노사이트킴

국내 온라인 바카라 사이트 먹튀 검증；바카라에이스

Scott Matherson — Mon, 21 Oct 2024 19:30:18 +0000

The Ethereum price started the new week by extending last week’s gains, which kicked off after it bounced off support at $2,350. This run has seen the Ethereum price now pushing towards resistance at $2,800, which the bulls look forward to breaking before the week runs out.

In light of the recent Ethereum price move, a crypto analyst has noted that the leading altcoin is gearing up for a massive move, and things are about to get interesting.

Things Are About To Get Interesting With The Ethereum Price

According to the analyst, known as @IamCryptoWolf on social media platform X, the current market conditions and technical setup suggest that Ethereum could be gearing up for a significant breakout, hinting that “things are about to get interesting.

The prediction is based on an analysis of Ethereum’s price action against the US dollar (ETH/USD) on a 3-day candlestick timeframe, where the analyst has identified the formation of an inverse head and shoulders pattern.

This inverse head-and-shoulders pattern is considered a powerful reversal signal in technical analysis, indicating a transition from a downtrend to an uptrend. The pattern consists of three distinct lows: the left shoulder, the head, and the right shoulder. The head forms the deepest low, while the two shoulders are smaller lows. The neckline, connecting the peaks between the shoulders, acts as a critical resistance level. Once price action breaks above this neckline decisevely, it often sparks a surge in bullish momentum. In the case of Ethereum, the analyst identified this neckline at approximately $2,800. Ethereum has recently been trending upwards toward this level, suggesting that a breakout may be close. In terms of a breakout target, the analyst pointed to the $3,400 level as the first key price zone to watch. Breaking out of the $3,400 level would open up the path to Ethereum retesting its yearly high above $3,920 towards $4,000 and probably even creating a new one.

The $3,400 and $3,920 price targets represent 25% and 45% increases, respectively, from the current price of Ethereum.

Ethereum And The Broader Market Context

The Ethereum price performance in 2024 has been closely tied to the overall market conditions, particularly Bitcoin’s movements. Many large market cap cryptocurrencies have started the week with gains, as many bullish traders look to continue on last week’s momentum.

The Ethereum price broke above $2,700 for the first time in October during this weekend as many addresses crossed into the long-term holding cohort, further increasing the bullish sentiment. At the time of writing, Ethereum is trading at $2,720 and is up by 2.83% in the past 24 hours.

As things stand, the coming days could be pivotal for the rest of the year, with Ethereum potentially gearing up for a significant upward move above $2,800, making things ‘about to get interesting�?indeed.

필리핀 솔레어 리조트 앤 카지노 호텔；카지노

Christian Encila — Mon, 21 Oct 2024 18:00:33 +0000

ApeCoin (APE) has seen its price jump by over 100% today, driven largely by the rollout of advanced technologies and newly implemented incentive programs. These initiatives are designed to boost user participation and broaden the token’s utility across multiple networks, fueling the recent surge in value.

Layer Zero Integration And Interoperability

The Layer Zero’s Omnichain Fungible Token (OFT) standard has now been integrated with ApeCoin through the latest update to its smart contract. This version greatly enhances ApeCoin’s capabilities, enabling it to be more than just a utility token and a governance token but also it is now the native gas token on its own blockchain, ApeChain. That way, it brings the integration of ApeCoin as a foundational part of the Yuga Labs ecosystem.

@apecoin goes omnichain!

APE, the native gas token of ApeChain and a core asset in the @yugalabs ecosystem, is used for transaction fees, voting in ApeCoin DAO, and as a payment method in Yuga Labs titles and IRL purchases. It is now an OFT that can be seamlessly transferred�?pic.twitter.com/azgIlAUW3B

�?LayerZero (@LayerZero_Core) October 17, 2024

Another major feature of this token is Layer Zero integration, which smoothes transfers of APE across multiple blockchains—ApeChain, Ethereum, and Arbitrum. This was a much-needed improvement in the token with regards to setting a new benchmark of token interoperability and increasing users’ appeal towards developers, while its excellent development process also smoothens asset transfer between networks.

Native Yield Mechanism And Market Response

A further aspect responsible for the recent increase in price of ApeCoin involves the implementation of a Native Yield mechanism co-developed with Decent.xyz. This means that the holders of ApeCoin receive a passive income on their holdings through this, without requiring any input from the user. The yields are credited to wallets at the end of each block with no hassle, thus leaving a highly rewarding proposition for the token holder. The updates had received wide welcome in the market, as ApeCoin traded at over 6,400% and broke out to approximately $1.84 billion in its trading volume, as the market capitalization of ApeCoin has also broken into more than $1 billion, increasing by 100% in just one 24-hour cycle. Greater Liquidity And Future Prospects Today, the cross-chain bridges support APE, ETH, and stablecoins transfer between the chains. This has made the network sustain relatively high liquidity, attracted investor attention and developer involvement. It has made transfer operations within the network smoother and more efficient.

ApeChain is off to a strong start, with $25m volume traded in the first 12 hours

Over 148 pools have been created with 62,700 transactions. Memes launched on @ape_express_ are then traded on Camelot.

Be a Knight and start aping now //t.co/aRc3dH1Iry pic.twitter.com/QOCBvjeKzn

�?Camelot (@CamelotDEX) October 20, 2024

Since the upgrade, ApeChain’s performance has been impressive, with over $25 million in trading volume generated in just 12 hours. The creation of 148 liquidity pools and more than 62,000 transactions highlights strong user activity and growing interest in the platform. The core user incentive program of ApeCoin will be launched in the near future, so it will gain more value and increase demand in the market. Some details about the program are yet to be disclosed, however, the market is already on tenterhooks for it. At the moment, ApeCoin is trading at $1.58 and, during the last 24 hours, it increased by about 109%. Despite the great momentum and rising utility, prospects for the growth of ApeCoin in the decentralized environment seem pretty good.

Featured image from Techopedia, chart from TradingView

회의론자에게 카지노사이트를 판매하는 방법；바카라사이트,카지노사이트,온라인카지노사이트

Christian Encila — Mon, 21 Oct 2024 13:30:17 +0000

Several investing strategies have emerged as Bitcoin and crypto continue to grow in value and expand their use cases. For many, the investing thesis focuses on Bitcoin and Ethereum, two of the biggest cryptos by market cap. Others value finding the next ‘meme coin�?ready for a bull run. But perhaps their most enduring strategy is to buy and hold, or ‘HODL.�?/p>

The investing thesis is straightforward—just buy and hold Bitcoin and wait for the crypto to appreciate. According to Glassnode, an on-chain analytics firm, Bitcoin has more holders than ever. The firm adds that Bitcoin’s illiquid supply has gradually increased in recent months, suggesting that more users are holding BTC than selling or trading it in the market.

Metrics Suggest An Increasing Number Of BTC Holders

Market data and holding signals suggest a growing number of investors, suggesting a bullish sentiment on the cryptocurrency. According to Crypto Banter, BTC’s stored supply has gradually increased over the past months. The website adds that this trend gives a ‘HODLING vibes,�?suggesting that a market rally is on the horizon.

Stored supply increasing for months = mega HODLing vibes pic.twitter.com/0Bl4WtP3Hy

�?Crypto Banter (@crypto_banter) October 21, 2024

Glassnode data agrees, suggesting an increasing trend for stored supply and a declining trend for active supply. The firm’s stored supply metrics include long-term holder supply, BTC HODLed or missing coins, and the coin’s illiquid supply. On the other hand, exchange balances and short-term coin supply are considered active supply metrics.

Exchanges Report Declining Reserves

There has been a gradual but steady reduction in Bitcoin’s supply, confirming many analytics firms’ thesis. The decrease in highly liquid and liquid BTC supply started in 2024. According to Glassnode, the number of Bitcoin or lost BTCs has dipped compared to data at the start of the year.

CryptoQuant adds that centralized exchange BTC reserves are falling. At 2.64 million BTC, exchanges keep the coin around its all-time low, after a November 2023 decline. Exchange reserves typically indicate selling pressure, lowering prices. According to CryptoQuant and Glassnode, investors now prefer to buy and hold rather than trade.

Institutional Investors Helping Prop Up Bitcoin Financial institutions and other big-time investors are growingly interested in the rising number of holders. A September River Financial research indicates that BTC use increased by 30% in one year and a stunning 587% since 2020. Based on the same analysis, institutional investors currently own about 8% of all Bitcoin available.

Many investors now see Bitcoin as a better hedge against inflation and a way to diversify assets. River Financial adds that US companies now boast over 49% in BTC holdings, valued at $19.7 billion. The increasing demand for ETFs also drives Bitcoin’s growing popularity. The current cumulative value of BTC assets stands at $66.11 billion.

Featured image from Milk Road, chart from TradingView

로투스 바카라；실시간 바카라 사이트；바카라 디시

Jake Simmons — Mon, 21 Oct 2024 12:00:10 +0000

In an analysis shared on X, crypto analyst Patric H. from CryptelligenceX outlines seven reasons why investors should be bullish about the Bitcoin price trajectory this week. “How can anyone be bearish here?! BTC broke the weekly downtrend, closing above key levels, and some people still call for sub-$40k?! Sorry, bears, you clearly missed the fundamental changes of the past two weeks,” he states.

#1 Mt. Gox Bitcoin Repayment Deadline Extension

The defunct exchange Mt. Gox has filed for a change in its repayment deadline, which has been approved by the court. The new deadline to refund the remaining creditors is now set for October 31, 2025, a full year later than the previously scheduled October 2024. This extension removes the immediate market selling pressure of approximately 44,905 BTC (around $2.9 billion), which was anticipated to flood the market.

#2 China’s Economic Stimulus

China is set to issue $325 billion in bonds to stimulate its economy. Concurrently, crypto exchange OKX has launched a fully licensed trading platform in the United Arab Emirates (UAE), offering a legal avenue for Chinese investors to engage in cryptocurrency trading under UAE jurisdiction. Patric H. predicts, “Chinese money is gonna enter crypto in Q4.�?/p> #3 Declining Bitcoin Exchange Reserves

Bitcoin exchange reserves continue to dwindle as institutional investors and whales accumulate the cryptocurrency at unprecedented rates. This trend indicates a supply shortage on exchanges, which, coupled with increasing demand, could lead to a supply shock. “Eventually, this will cause a supply shock, leading to higher prices in due time,” notes the analyst.

#4 Surge In Bitcoin Whale Accumulation On-chain data reveals that new Bitcoin whales are accumulating assets like never before. Ki Young Ju, CEO and founder of CryptoQuant recently, commented, “The current market volatility is just a game in the futures market. Real whales move the market through spot trading and OTC markets. That’s why on-chain data is crucial.”

He added that these new whales are unlikely to sell until substantial liquidity from retail investors enters the market. “Look at how fiercely the new whales are stacking Bitcoin; this market has never seen such accumulation,” he emphasized. Notably, the lack of correlation with the US spot ETF inflows suggests that these could be strategic institutional accumulations.

#5 Trump Is Leading The Polls

Political forecasts indicate that former US President Donald Trump is gaining favor in swing states ahead of the upcoming elections. According to Polymarket’s latest data, Trump is projected to win all seven key swing states. Patric H. reminds readers, “Trump is pro-crypto; Elon Musk will lead a Department of Government Efficiency (DOGE).”

#6 S&P 500 As Trailblazer The S&P 500 index is trading at an all-time high, historically signaling positive momentum for Bitcoin and crypto. “There has not been a time in history when Bitcoin and the altcoins market did not catch up to the performance of the S&P 500,” Patric H. points out, dismissing skepticism with, “But ‘this time is different’… yeah, sure.” The correlation between traditional markets and cryptocurrencies suggests that bullish trends in equities could spill over into the Bitcoin and crypto sector. #7 Seasonality

Historically, the fourth quarter (Q4) has been the most bullish period for Bitcoin, especially in halving years. “Bitcoin and the crypto market tend to outperform all asset classes in a halving year,” argues the analyst.

Supporting these fundamental reasons, technical analysis also paints a positive picture for Bitcoin. Patric H. highlights that Bitcoin has closed above its weekly downtrend line, signaling a potential reversal from bearish to bullish momentum. Moreover, the cryptocurrency is holding firmly above the 50-week Exponential Moving Average (EMA), a critical support level. Also, the Moving Average Convergence Divergence (MACD) indicator has made a bullish cross for the first time since April, often interpreted as a buy signal. “Yes, there will be pullbacks every now and then. But from now on, dips are for buying as the market structure clearly shifted from a downtrend to an uptrend,” Patric concludes. At press time, BTC traded at $68,397.

뱅크 카지노；네임드 카지노；레고 카지노

Christian Encila — Mon, 21 Oct 2024 07:30:03 +0000

With an impressive increase in coin acquisition, Ethereum aficionados are causing waves in the crypto space. From January’s 11.5 million, the most recent statistics reveal a solid 19 million ETH now stashed in long-term holding addresses, almost doubled, data from CryptoQuant shows.

With investors apparently increasing their bets, this huge surge points to a growing faith in Ethereum’s future. The crypto world is rife with conjecture since many estimate this count will reach 20 million by year’s end. Clearly, there is a significant optimism in Ethereum’s long-term potential despite market swings, which leaves many wondering what is behind this increase in confidence and what this could mean for the scene of cryptocurrencies going forward. A number of factors are encouraging institutional and individual investors to increase their holdings. Notably, the US Securities and Exchange Commission’s (SEC) approval of spot Ethereum exchange-traded funds (ETFs) has allowed new players to enter the market.

Spot ETFs Push Demand

More interest from mainstream investors has come from Ethereum spot ETF approval in great part. This indicates that both individual investors and institutions are getting ready for Ethereum’s long-term future. One researcher of cryptocurrencies even thinks that by the end of 2024, the ETH in accumulating addresses will equal the market value of the biggest companies worldwide. Furthermore, assuming Ethereum prices remain around $4,000, the analyst projects that if these patterns continue, the total value of ETH held in these addresses may reach $80 billion. At $2,737 right now, ETH has increased in value by over 3% over the last 24 hours and over 10% over the last week.

Staking Secures More Ethereum

The other main reason why less ETH is found in the market to trade is through the increase in Ethereum staking. According to Dune Analytics, staking contracts have locked up over 34.6 million ETH that equates to nearly 30% of the entire Ethereum supply, hence showing the statistics. This led to a lack of tokens for sale and therefore played a part in taming prices.

More price growth for ETH may be possible if the amount staked keeps increasing. The Ethereum market may experience less volatility and more long-term growth potential if there are less sell-side pressures. The Price Outlook Is Good The current price swings of Ethereum are primarily upward. ETH is currently trading above $2,700—a crucial support level—thanks to the support of its 50-day moving average. The 200-day moving average, which is $3,022, remains a barrier, though. If Ethereum is to experience consistent price growth, it will be imperative to break over that obstacle. Ethereum’s long-term supporters are undoubtedly upbeat about the platform’s future, and the accumulating tendency along with staking and spot ETFs suggest that this confidence might not be unfounded. It will be interesting to see if Ethereum can overcome significant pricing obstacles, but one thing is certain: for the time being, the long-term picture looks promising.

Featured image from Pexels, chart from TradingView

토토사이트 굿모닝；카지노사이트；바카라；카지노사이트킴

Christian Encila — Mon, 21 Oct 2024 04:00:54 +0000

An analyst presumes that if XRP continues growing with the same percentage rate by March 2025 or Q1 2025, then price targets of $6.40 and $27 will be seen. This is based on historical price actions because XRP can be seen rallying within such a time frame. Though the targets appear quite ambitious, he uses previous performance as a sign for future gain and is setting up major growth opportunities for the owners of XRP.

According to crypto expert Egrag Crypto, XRP, which is currently trading at $0.53, has experienced impressive surges of 3,300% and 700% at different times, suggesting that significant price movements could happen as we approach March 1, 2025, or even sooner in the first quarter. Crucially, these forecasts are backed by technical analysis, chart patterns, and liquidity assessments, rather than mere optimism.

#XRP Bifrost Bridge ($6.4 & $27 Targets):

I know 95% of the #XRPArmy is feeling exhausted from the ongoing #SEC manipulation and the appeals process, which has been overwhelming due to misleading submissions and numerous delays.

But forget all of that noise! The real�?pic.twitter.com/FQ6mOe83ET

�?EGRAG CRYPTO (@egragcrypto) October 18, 2024

Technical Analysis And Market Sentiment

The forecast is mostly on-chain metrics about Bifrost Bridge moving up, almost in the same direction with big stocks as that of FANGMAN.

FANGMAN includes seven of the biggest tech companies or tech mega-caps of the world — Meta (Facebook), Amazon, Netflix, Alphabet (Google), Microsoft, Apple and Nvidia. FANGMAN stocks are high alpha counters, which usually depend on growth and future guidance.

This comparison says that even if it’s going through tough regulations and issues with the courts, XRP might be one of the biggest long-term benefits an investor could ever have by closing out the noise and just focusing on the data. This move will have the pending case in the SEC cast as a huge boulder for the investors in XRP, with constant appeals and delays testing the patience of many investors. However, Egrag urges the XRP Army to keep moving forward with undivided attention. Instead, it’s important to focus on these cycles and levels of liquidity since they are actually capable of providing various positive insights concerning long-term price trends. With this in mind, the wise investor would be able to determine the direction XRP’s price is headed.

A Resilient XRP Community

The litigation to be heard against the SEC will take time, but the battle will prove to be short-term when one weighs this against the long-term potential of the cryptocurrency. What is different about the XRP community, which calls itself the XRP Army, from many other crypto communities, is its strength and resilience. Where the crypto communities often flinch before a challenge, the XRP Army holds the line in arguing for the utility value of XRP in real-world applications. These analysts believe the community is flexible, emotionally supportive, and forward-looking, making them one of the most informed groups in the cryptocurrency landscape. The Campaign For Clarity In The Crypto World People are now calling for better cryptocurrency regulations that would push the XRP acceptance into the financial ecosystem, bring about higher community engagement, and prepare the cryptocurrency for practical adoption. The optimism toward the long-term future of the cryptocurrency is barely dented by the legal battles and market volatility since the XRP community believes in the projections by Egrag Crypto through optimistic price targets, which are based on past data and current trends.

Featured image from Pexels, chart from TradingView

벳16 【보증업체】 가입코드 이벤트 쿠폰；온라인바카라

Christian Encila — Mon, 21 Oct 2024 02:00:15 +0000

Crypto whales’ wallets have been the subject of attention and sometimes obsession since they carry a vast holding of Bitcoin, and their movement can affect market prices and impact volatility. Today, many websites and social media users track these wallets and their most recent transactions.

Last October 19th, 2024, at 5:45 am, Whale Alert shared that a dormant BTC address with 25 Bitcoins valued at $1,711,020 was activated after more than 10 years of inactivity. The wallet’s re-activation comes at an exciting time when Bitcoin’s price briefly hits $69k.

Dormant Bitcoin Address Boasts 25 BTC

According to Whale Alert, the BTC wallet held 25 BTC, which was valued at $1.71 million. This wallet has been inactive since 2013 when Bitcoin’s value hovered between $100 and $266. It was an exciting and tumultuous year for Bitcoin, as its price dropped to $50 before recovering to $100. With Bitcoin’s value at less than $1,000, the wallet’s owner holds a sizable stash after the coin’s meteoric rise in the last few years.

A dormant address containing 25 #BTC (1,711,020 USD) has just been activated after 10.8 years!//t.co/jb4vDe7CLO

�?Whale Alert (@whale_alert) October 18, 2024

The whale’s reactivation of the wallet comes when Bitcoin’s price hit $69,000. This isn’t the first time that BTC flirted with this level. If we can remember, Bitcoin rallied to over $70,000 in July, setting up a crypto frenzy in the industry.

While Bitcoin failed to sustain its $69k price, it remains solid, staying within the $68k to $69k level in the last few days. Speculators and industry watchers also expect BTC to hit the $70k level soon, backed by the increasing demand for crypto. Bitcoin traded at the $70k level on June 12th.

BTC Pulls Back

This week, Bitcoin failed to sustain its momentum and has slightly dipped to $68,399 after hitting a high of $68,689. According to Bloomberg, BTC investors have added over $1.8 billion this week to spot Bitcoin ETFs.

The US Securities and Exchange Commission (SEC) gave the go-signal to BTC ETFs, which led to a frenzy of buying and inflows. Demand outpaced supply thanks to the SEC’s approval, boosting the coin’s price to over $73,797. Then, there was a pullback in early August, with the price falling by 30% before starting another rally.

The expanding crypto business relies on Bitcoin and crypto whales. They own a lot of crypto, and the media follows them. The behaviors of BTC whales, which Whale Alert tracks, often cause a stir.

Featured image from Pexels, chart from TradingView

카지노 업계 동향 및 변화와 커뮤니티의 다양성

Christian Encila — Mon, 21 Oct 2024 00:00:31 +0000

Although flying under the radar concerning price movements during Bitcoin’s recent bull run, the dog-themed cryptocurrency Shiba Inu (SHIB) was able to appreciate 8.18% in the last week while Bitcoin reclaimed the $69,000 mark on Friday. Analysts have already predicted further upward potential for this meme coin.

Analyst Predicts 200% Surge For Shiba Inu

Crypto analyst MMBTtrader seems rather positive about the future prospects of Shiba Inu as he expects a 200% increase to $0.000038. As he says, the SHIB had already registered a 75% gain from the $0.000011 support level within the price chart. The altcoin had indeed rallied from the demand zone in the early periods of August and September, accelerated its pace, and settled at $0.000019.

For SHIB, MMBTtrader predicts that it will not just consolidate to $0.00003852. As a matter of fact, he expects the higher highs and higher lows pattern where the initial push to May’s highs at $0.000028 will then be corrected to September’s highs at $0.000021. In case those levels hold, the meme coin could pull to the targeted $0.00003852.

Conflicting Views: Bearish Outlook From SwallowPremium

MMBTtrader still remains bullish about Shiba Inu, but SwallowPremium, on the other hand, is a little more conservative. He says that the cryptocurrency would continue to go up until it hits $0.0000216, and then correct 35% down to $0.000014075. His analysis reads that the downtrend would be triggered by a correction down to $0.0000195, which may be a good time to open a short position.

However, Premium also cautions that if SHIB breaks over the price of $0.0000216, a bearish outlook could be invalidated, sending the price much higher than what it has already recorded. Shiba Inu’s Price Path Forward Shiba Inu trades at $0.00001925, close to 11% below the level of $0.0000216 resistance. Various predictions made by market experts convey a divergence of sentiment on SHIB trajectory. MMBTtrader projection for a possible 100% increase is based on an underlying conviction for perpetuation of an upward trend. SwallowPremium sounds a note of caution with a ‘critic’ view of correcting it. Shiba Inu’s future price action depends on breaking key resistance levels and maintaining momentum. As SHIB nears crucial price points, traders will watch for breakout signs. The coming weeks will be critical in determining whether it can rise further or face another rejection.

Featured image from Pexels, chart from TradingView

바카라 게임；바카라 규정과 성공적인 베팅 방법

Scott Matherson — Sun, 20 Oct 2024 22:00:09 +0000

Meme coin FLOKI has also benefited from recent inflows into the crypto markets, which has left many cryptocurrencies posting gains in both the 24-hour and seven-day timeframes.

Notably, this inflow has seen FLOKI breaking out of a descending trendline that has served as the peak of its rallies since June. This breakout is seen as a key technical development, with crypto analyst World Of Charts emphasizing it as a strong bullish signal. According to the analyst, the breakout opens the trend for the meme coin to continue the run toward a new all-time high.

FLOKI Ready For 200% Surge Past All-Time High

Although it was launched in 2021, FLOKI rose to prominence earlier this year after it went on a 1,100% increase over five months to peak at a new all-time high of $0.0003449. As it stands, the meme coin has corrected by around 55% from this all-time high. However, according to analysis and prediction from crypto analyst World Of Charts, this correction is about to end and the $0.0003449 all-time high might not hold for long anymore. World Of Charts shared his analysis on the social media platform X, posting a daily candlestick chart of the FLOKI / TetherUS trading pair. The chart reveals that the meme coin has just broken above the resistance trendline of a bullish pennant flag pattern, which the meme coin has been trading within since hitting its all-time high. In terms of the projected price trajectory, the analyst believes FLOKI is on course for another breakout that could not only exceed the previous all-time high but also push toward a price point just below $0.0005. To reach this point, FLOKI would have to go on a 210% rally from the current price level.

$Floki #Floki Finally Breaking Out Send It Towards New Ath //t.co/I2sVnrx94X pic.twitter.com/LNsAHKe1Q0

�?World Of Charts (@WorldOfCharts1) October 19, 2024

Is A 200% Rally Possible For FLOKI?

At the time of writing, FLOKI is trading at $0.0001554 and is still up by 12% in the past seven days. According to data from on-chain analytics platform Santiment, FLOKI and other meme coins are witnessing the highest level of interest and mentions across social media platforms in five months. This interesting trend is brought about by the new interest in Dogecoin, which has naturally flowed into other meme coins.

Given this heightened attention and the bullish technical setup highlighted by analysts, a 200% rally is within the realm of possibility. FLOKI has already shown it can achieve significant gains in a short timeframe, having previously posted an impressive 1,100% increase earlier this year. If the current social buzz and market dynamics continue to favor meme coins, FLOKI could break through its resistance levels and embark on another explosive rally to deliver a 200% increase before the end of the year.

According to another crypto analyst, FLOKI is set for an even bigger 2,100% increase to $0.002.

Featured image from Lunu, chart from TradingView

올레벳 【보증업체】 가입코드 이벤트 쿠폰；온라인바카라

Sebastian Villafuerte — Sun, 20 Oct 2024 20:00:55 +0000

Dogecoin (DOGE) has finally broken through the crucial $0.12 resistance level, marking a significant milestone as it surges to catch up with the broader crypto market rally. After weeks of struggling below that key supply zone, DOGE has made a strong move upward, sparking optimism among analysts and investors alike. Many investors believe that this breakout could signal the start of a more sustained rally for the meme coin. Top analyst Daan recently shared key insights, pointing to a bullish outlook for Dogecoin in the coming weeks. According to his analysis, the breakout from $0.12 opens the door for DOGE to capitalize on the current market momentum. As Bitcoin and other major altcoins continue to gain strength, Dogecoin investors are closely watching for confirmation of bullish continuation, hoping for further upside potential. With the market pushing higher and Dogecoin now breaking free from past struggles, many expect the meme coin to deliver impressive gains in the near term.

Dogecoin Making Moves

Dogecoin has surged over 33% since Monday, and it is now holding above its previous resistance level, maintaining bullish price action. This rally has sparked optimism among analysts and investors, as the overall market sentiment remains positive, and many believe that Dogecoin is primed for further gains in the coming weeks.

Top analyst and investor Daan shared a technical analysis on X, highlighting the significance of DOGE’s recent breakout. According to Daan, Dogecoin has successfully broken above the crucial $0.12 horizontal level and the Daily 200 moving average (MA).

He noted that this breakout signals “pretty much clear skies” for the meme coin, as there is little resistance above this point. However, he also emphasized that $0.12 remains a key level, serving as an invalidation point if the price were to drop below it. Despite the impressive performance of other meme coins in the market, Dogecoin has lagged behind in recent months. With this breakout, however, many believe that DOGE is finally catching up, and the coming weeks could see even more significant upside for the popular cryptocurrency. As market conditions remain favorable, all eyes are on Dogecoin to see if it can continue building on this momentum and push toward higher price levels.

DOGE Price Action

Dogecoin is currently trading at $0.14 after a 4% retrace from its recent high of $0.147. This surge saw DOGE break above both the 200-day moving average (MA) and the exponential moving average (EMA), confirming a bullish outlook for the meme coin in the coming weeks. Analysts and investors are optimistic that Dogecoin will continue its upward momentum, fueled by positive market sentiment. However, there is a risk that DOGE may face downward pressure if it fails to hold above the crucial $0.129 mark, which aligns with the 200-day MA. A drop below this level could lead to a deeper retrace, testing the strength of the recent rally. With market conditions remaining volatile, the upcoming week will be key to determining whether DOGE can maintain its bullish trend or if it will enter a period of consolidation or further correction. Traders are keeping a close eye on this support level, as a successful hold above $0.129 would likely signal more upside potential, while a break below it could dampen the current bullish sentiment. All eyes are on Dogecoin to see how it performs in the critical days ahead.

Featured image from Dall-E, chart from TradingView