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Market Update: Caution on $PEPEMarket Update: Caution on CRYPTOCAP:PEPE There was hope. The consolidation looked exhausted, and a daily pump was forming. Then Bybit got hacked , Bitcoin dumped, and now everything seems canceled. ⚠️ Warning: CRYPTOCAP:PEPE , despite being a solid and well-managed meme coin, is still a meme. Institutions appear to be selling off anything that looks like an animal in crypto. What to Do Now? ✅ Wait for market stabilization— CRYPTOCAP:PEPE is at an attractive price, but it can drop much lower. ✅ Refill your bag at the bottom of the correction, not during dead cat bounces —unless you're a pro at trading bearish markets. The Reversal Will Be EPIC! 🚀 This is temporary. Once the market bottoms out, the bounce could be massive. CRYPTOCAP:PEPE can do x2 or x3 in a month when sentiment improves! 🔍 DYOR
by CryptoNikkoid
1
Bullish Shark On $WIF's Monthly ChartI haven't really posted much on Carney's Harmonic Patterns, but as I was working on some material for The Litepaper, I glanced at dogwifhat's monthly chart and noticed it looked very much like shark pattern - but I wasn't even 80% sure. Had to pull out my notes. Turns out, dogwifhat's monthly candlestick chart is a perfect Bullish Shark Pattern AB = 0.982 of XA → Nearly a 1.0 retracement, which fits within the Shark's extended AB range (0.886 – 1.13 XA). BC = 0.992 of AB → Deep retracement, typical of Shark formations where BC is 0.50 – 1.00 of AB. CD = 1.147 of BC → Falls within the expected 1.13 – 1.618 BC extension for a Shark. XD = 1.125 of XA → Bulls-eye confirmation—Shark patterns complete at 1.13 – 1.618 XA extension, and your 1.125 is right in that range. Given Carney's rules, the targets are the 50%, 61.8% and full reversal of CD: $2.67 $3.04 $4.83 Will be fun to see how it plays out. If there's a dip below $0.40, then it's invalidated.
Long
by itsjustanalysis
1
Could $FWOG Rebound? After Losing 76% of ValueAfter suffering a steep decline of approximately 76% in January 2025, $FWOG has caught the attention of traders wondering if a rebound is on the horizon. The token is currently hovering around its one-month low, which has been acting as a crucial support level. However, with Bitcoin (BTC) dipping into the $87,000 range, the broader crypto market remains in a bearish phase. Technical Analysis $FWOG is approaching a key support zone that, if breached, could trigger further downside movement. Currently, the Relative Strength Index (RSI) sits at 44, indicating that while the token is not yet in oversold territory, selling pressure remains prevalent. A critical resistance level lies at the 38.2% Fibonacci retracement level. If $FWOG manages to break above this point, a surge in buying activity could follow, potentially setting the stage for a bullish reversal. This level serves as a psychological barrier for traders, and a breakout above it could indicate renewed confidence in the asset. Conversely, failure to break through could reinforce bearish sentiment, leading to prolonged consolidation or additional losses. Market Sentiment and Adoption Despite its recent downturn, $FWOG still maintains a strong presence in the market. With a live market cap of $52,876,182 and a 24-hour trading volume of $16,536,615, liquidity remains robust, suggesting that investors have not entirely abandoned the asset. The circulating and maximum supply of 975,635,328 FWOG coins means there is no inflationary risk from new token issuance, providing a level of predictability for price action. The broader crypto landscape, however, plays a significant role in $FWOG's recovery potential. BTC’s recent decline has exerted downward pressure across the altcoin market, and unless Bitcoin stabilizes, $FWOG could struggle to gain bullish momentum. That said, if market sentiment improves and buyers step in at the support level, a relief rally could be in play. Conclusion $FWOG’s price action remains at a critical juncture. A breakdown below the current support level could lead to further declines, exacerbating the bearish trend. On the flip side, a breakout above the 38.2% Fib retracement level could ignite renewed buying interest and signal a potential reversal. For traders and investors, the key lies in monitoring BTC’s performance and overall market sentiment. If Bitcoin stabilizes and $FWOG holds above its support, a rebound could be in the cards. However, caution is warranted, as further downside remains a possibility in the face of ongoing market uncertainty.
RAYDIUM:FWOGSOL_AB1EU2.USDLong
by DEXWireNews
Bitcoin's Next Move, Solana Dumps From Memes & Unlocks, and MoreIn this video I cover Bitcoin's likely next move and why I sold my Bitcoin at $106k, plus where I think it bottoms and WHEN based on the next likely daily and weekly cycle low Feb 28th. Also price targets on Bitcoin, how and when it could get to $150k, why it dumps after that and after a summer correction, could rocket to $200k (examining the 11 factors to propel this). And we look at the longer term time frame for Bitcoin on the Monthly and 2 Month chart, where the RSI, Stoch/RSI, and MACD are showing early signs of topping out (but not likely there yet). I also revisit the USDT.D study I've been posting about, which is still very much a near-term concern, but plays nicely into the boom / bust timeline I've outlined above. Plus, a quick reviw of my 4-hour NASDAQ:IBIT study, and how the 'Gaps' have been acting as magnets for price, much like the CME gaps, which typically fill. Lastly, we look at some Atlcoins poised for 10x, 30x, even 250x rebounds and long-term targets. So this is an action-packed video! Hope you enjoy! Leave a like and comment, and check out my bio for more tools and resources :)
COINBASE:SEIUSDShort
by BrettFogle
1
Altcoin Golden Cross Formed Last Week - First Time in 4 YearsTrading Fam, You are probably tired by now of seeing all the hopeful headlines, predictions, and analysis while altcoins continue to descend. I am too. Therefore, I am going to sound a little more pessimistic in this post. Some call this 'realistic' but whatever ...semantics. While I am hopeful that an altseason will occur, I am also beginning to become less and less convinced that anything like we experienced in the past will occur again. The longer we go without seeing the beginning of our altcoin cycle, the more time altcoins have to dilute the capital pouring into the market. There are just so many altcoins to choose from now and literally hundreds or thousands more are being created weekly by way of memecoins. As the meme on my chart illustrates, those pouring in are spreading their resources out much more thinly now because there is so much more to choose from than there was in 2021. Therefore, what pump we may see in our own investments may not equate to what we expect. And if we are not careful to pick the right coins, it may not even equate to the average profit that was realized in the altcoin market in 2021. So, here's the deal. By now, you may or may not be aware that a couple of weeks ago our altcoin charts showed us something we haven't seen in over four years! It was the golden cross. This event occurs when our 100 DMA crosses above our 200 DMA. In this case, white represents the 100 DMA and red represents the 200 DMA. They are both SMAs. This event is supposed to be an amazing indicator and a lot of analyst were using it to say that we that our altcoin season has now begun. This very well could be the case, but also, we could drop further and use one of those moving averages as support before any real bounce occurs. Furthermore, past history should never dictate current. History may not in fact repeat and altcoin season may not occur at all. It doesn't have to. Maybe this time we don't get one? This is simply something we should realistically consider. Now if it does occur, excellent! This is what I personally have been banking on. So, the other thing I want to discuss a little bit more is what actually occurred in the altcoin market last time this happened in 2021. You can see from the chart, that once the golden cross occurred, the race was on. Price essentially continued up through May, dipped from May through July and then continued up again from July through November. So, if you held from the beginning of the cross to our peak in November, you would have realized average altcoin gainz of around 500% (or 5x). Now, let's say the same thing occurs this year. Our golden cross occurred two weeks later this year than it did in 2021 but I don't think that makes much of a difference. Essentially, if this altcoin season is truly beginning right now, we'll have about 9-10 months of upside with the potential of a big dip somewhere there in the middle. That dip in 2021 was about a 60% drop from top to bottom and paper hands folded quickly during that time thinking the top was in. If similar price action occurs this year, then we may have 9-10 months to capitalize on alts but again, with a huge exception ...only the best of the best in alts will perform up to this 5x standard or better. You know, stuff like Doge, XRP, SOL, ETH (yes, I said ETH), etc. The OG classic boomer alts. But what about memecoins? IMO, a select few memecoins could still do very well, however, we have to be honest here. We are playing roulette. Despite what Murad and others on X continue to preach about belief and conviction and religiosity of the coin, the number of holders, yada yada yada, in the end, we have to be honest with ourselves or we will lose money. Memecoins are simply a big casino. Some will do very well and make their millions. You'll hear from these lucky bastards incessantly I am sure. The fact that they turned 100 dollars into $100,000,000 will be advertised on X and other social media platforms ad nauseam. You will want to go throw up because you were at one time in one of these memecoins too. And then you sold. And these are the stories you won't hear. You won't hear about how many failed. You won't hear about how many degens went broke chasing this imaginary illusion, this pipe dream, of unlimited wealth filled with lambos and yachts with girls. You won't hear that most memecoin traders lost money rather than gained. I don't want to end too pessimistically here because I am playing the memecoin game too. I'm in the casino and spinning this wheel. Maybe one day I'll be one of those lucky bastards that wins. As of today, that is certainly not the case (just being honest) and I certainly don't stake my life savings on it. So, all I am suggesting here once again is to be cautious. Have fun. Play the game if you wish and I hope you win. But also, be careful, pick only the best of the best, and NEVER risk more than you can afford to lose. Here's to hoping this is truly the beginning of another altcoin run. ✌️ Stew
CRYPTOCAP:TOTAL2Long
by stewdamus
COQ Inu: The Memecoin Poised for a 300% Surge on AVAX BlockchainCOQ Inu, the #1 memecoin built on the Avalanche (AVAX) blockchain, has emerged as a standout contender. Despite a recent drop from its all-time high market cap of $400 million to $80 million, technical and fundamental analysis suggests that COQ Inu is gearing up for a potential 300% surge, which could propel its market cap back to $100 million and beyond. Technical Analysis The chart patterns for COQ Inu reveal a compelling story. After a significant correction from its peak, the coin is now showing signs of consolidation, with key indicators pointing to an impending breakout. Here’s what the technicals are saying: The RSI, a momentum oscillator that measures the speed and change of price movements, currently stands at 63.31. This indicates that COQ Inu is neither overbought nor oversold, but rather in a healthy position to potentially initiate another leg up. An RSI above 50 typically signals bullish momentum, and with the current reading, COQ Inu is primed for upward movement. The 38.2% Fibonacci retracement level is acting as a strong support for COQ Inu. In the event of a pullback, this level is expected to hold, providing a solid foundation for the next upward move. However, a break below this level could see COQ Inu testing its 1-month low, which would be a critical point for traders to watch. A breakout above the 1-month high pivot could serve as the catalyst for the anticipated 300% surge. Such a move would not only validate the bullish sentiment but also attract new investors looking to capitalize on the momentum. The 1-month high pivot is a key resistance level, and a decisive break above it could trigger a significant upward trajectory. Market Position and Potential Currently ranked #425 on CoinMarketCap with a live market cap of $81 million, COQ Inu has already established itself as a significant player in the memecoin arena. With a circulating supply of 69.42 trillion COQ coins, the coin’s low price per unit makes it accessible to a wide range of investors. The potential for a 300% surge could see COQ Inu’s market cap reach $200 million, placing it among the top memecoins in the market.
CRYPTO:COQUSDLong
by DEXWireNews
2
SOLANA ($SOL) – ROARING REVENUE & FIREDANCER POTENTIALSOLANA ( CRYPTOCAP:SOL ) – ROARING REVENUE & FIREDANCER POTENTIAL (1/7) Ecosystem Revenue: Solana’s Q4 2024 app revenue surged +213% to $840M (vs. $268M in Q3), largely driven by meme coin mania. Network revenue reached new highs—$517M in app revenue & $552M in real economic value in January alone! Let’s dig in. 🚀 (2/7) – ONCHAIN ACTIVITY • DEX Volume in Jan: $339B • Stablecoin supply: $11.4B • TVL: $8.6B—all-time highs • 18 Firedancer validators deployed in Q4, boosting transaction capacity (3/7) – SECTOR SNAPSHOT • Market cap: ~$88.6B (late Dec 2024) • SOL token trades around $200–$300 per recent posts • Some speculate SOL could hit $500–$1,000—strong fundamentals + revenue growth might point to undervaluation vs. Ethereum ⚖️ (4/7) – COMPETITIVE EDGE • Outperforms many L1 peers in transaction volume, speed, and revenue • Handles more transactions than all other chains combined (per X posts) • DEX volume +150% to $3.3B daily in Q4—low fees & high throughput = user magnet 🕹️ (5/7) – RISK FACTORS • Market Volatility: Crypto’s rollercoaster can swing SOL prices wildly • Regulatory: US policy changes, token classification → potential headwinds • Competition: Ethereum scaling (rollups) & new L1s (Aptos, Sui) loom • Technical Risks: Firedancer delays or issues = potential network reliability concerns (6/7) – SWOT HIGHLIGHTS Strengths: High TPS + low fees → leading L1 contender Robust ecosystem growth (TVL, DEX, stablecoins) Strong revenue: $840M Q4 app rev, $517M in Jan alone Weaknesses: Heavy reliance on meme coin activity for recent revenue Centralization worries due to validator concentration Opportunities: Solana ETF approval → institutional inflows 🌐 Firedancer aiming for 1M TPS, tech superiority Expansion into DePIN, PayFi → new revenue streams Threats: US regulatory clampdowns Ethereum’s scaling solutions & emerging L1 competition Meme coin hype dying down, revenue from speculation dips (7/7) – Is Solana undervalued or overhyped? 1️⃣ Bullish—Firedancer + revenue surge = unstoppable 🚀 2️⃣ Neutral—Impressive growth, but watch the meme factor 🤔 3️⃣ Bearish—Competition, centralization concerns… pass 🐻 Vote below! 🗳️👇
BINANCE:SOLUSDLong
by DCAChampion
1
$PEPE has reached its bottom and is ready to move upward.I like seeing these kinds of charts. It's rare to find such a perfect entry point with the potential for a 2x or more return. CRYPTOCAP:PEPE is backed by Wintermute, the biggest market maker, meaning they have the power to push it to the moon. However, CRYPTOCAP:PEPE has gone through a long and necessary consolidation phase, which happens to every coin after a major rally. All signs indicate that this consolidation is over and that CRYPTOCAP:PEPE is ready for the next pump: MACD is at the bottom on both the daily and weekly charts. In fact, it has never been this oversold in its history. RSI is also at the bottom, signaling that an upward move lasting several months could be coming. In general, if CRYPTOCAP:PEPE is below 0.00001, it’s a good buy—hence why it’s in my green box. CRYPTOCAP:PEPE has bounced off the long-term uptrend line, marking a clear bottom. It has now broken above 0.00001, confirming the trend reversal. There might be some hesitation since bottoms can be shaky, but once the uptrend starts, you'll be glad you took this long position. To manage risk, set a stop loss below 0.00000950, just in case CRYPTOCAP:BTC crashes for any reason. DYOR (Do Your Own Research).
Long
by CryptoNikkoid
3
Bad Idea AI ($BAD) Surges 550%: Is This Just the Beginning?The cryptocurrency market has witnessed yet another explosive meme coin rally, with Bad Idea AI ( BCBA:BAD ) skyrocketing 554% in the past week. Initially launched as an experiment combining blockchain, artificial intelligence (AI), and decentralization, BCBA:BAD has evolved into a potential breakout player in the memecoin sector. Despite a recent cooling off, the token is showing strong signs of renewed momentum. Technical Analysis BCBA:BAD 's recent price action has followed a classic falling wedge pattern, a typically bullish setup that led to its massive breakout. After peaking, the token retraced to the 38.2% Fibonacci level, a key support zone where price stabilization often occurs before another leg up. The Relative Strength Index (RSI) remains in overbought territory, suggesting possible consolidation before another surge. Similarly, the 38.2% Fib retracement level is a crucial support zone; a breakdown below could push prices toward the base of the falling wedge. A breakout above the 1-month high or the recent all-time high could trigger another parabolic move toward uncharted territory. With the crypto market experiencing a retracement, including Bitcoin ( CRYPTOCAP:BTC ) dipping to $95K, investors are closely watching if BCBA:BAD can sustain its momentum amid broader market corrections. What Makes BCBA:BAD Unique? Bad Idea AI ( BCBA:BAD ) is not just another memecoin; it is an experimental project that merges AI, blockchain, and decentralized governance. The project raises an intriguing question: Will AI be humanity’s greatest innovation or its downfall? With a focus on AI-driven decision-making and community participation, BCBA:BAD offers a unique narrative in the crowded memecoin space. Market Performance and Tokenomics - Current Price: $0.00000004193 - 24H Trading Volume: $5,963,170 - Market Cap: $26.8 million - Circulating Supply: 626.4 trillion BAD - Max Supply: 831.0 trillion BAD Final Thoughts BCBA:BAD 's explosive growth and compelling narrative make it a token to watch in the evolving crypto landscape. With strong technical support at the 38.2% Fib level and a rapidly growing community, the memecoin has the potential to ride AI hype to new highs—if it can maintain momentum. However, high volatility remains a concern, and investors should approach with caution, keeping an eye on key support and resistance levels. Will BCBA:BAD continue its meteoric rise, or is a correction on the horizon? Time will tell, but for now, it's certainly on the radar of traders and AI enthusiasts alike.
CRYPTO:BADUSDLong
by DEXWireNews
Dogecoin Poised for a Breakout Amid Government Efficiency PlansThe cryptocurrency world is abuzz with excitement as Elon Musk’s Department of Government Efficiency (DOGE) takes center stage, not only for its ambitious plans to streamline federal operations but also for its indirect impact on the meme-inspired cryptocurrency, Dogecoin. With the official launch of the DOGE website (doge.gov) and the announcement of sweeping governmental spending cuts, the crypto market is witnessing a renewed wave of optimism around Dogecoin. Elon Musk’s Influence and DOGE’s Growing Relevance Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, has long been a vocal supporter of Dogecoin, often tweeting about the meme coin and even integrating it into payment systems for Tesla merchandise. His latest venture, the Department of Government Efficiency (DOGE), has further cemented the connection between Musk and the Dogecoin community. While the initiative is focused on reducing government spending by $2 trillion over the next four months, the mere association with the DOGE acronym has reignited interest in the cryptocurrency. The launch of doge.gov, which promises to provide updates on cost-saving measures and federal operational efficiencies, has created a sense of anticipation among investors. Musk’s involvement in this governmental advisory panel under Trump’s presidency has added a layer of credibility and intrigue, further fueling speculation about Dogecoin’s potential role in the broader financial ecosystem. Moreover, the broader macroeconomic environment is playing a role in Dogecoin’s appeal. With U.S. inflation data for January coming in at 3% year-over-year, higher than expected, Musk’s plans to slash government spending could have a deflationary impact. Analysts like Charles Gasparino of FOX Business have suggested that achieving the panel’s goals could bring inflation down to 2%, which would be a boon for risk assets, including cryptocurrencies. This macroeconomic backdrop is creating a favorable environment for Dogecoin to thrive. Technical Analysis From a technical perspective, Dogecoin is showing strong signs of a potential bullish reversal. At the time of writing, Dogecoin is trading at $0.2579, up over 4% intraday, with an RSI (Relative Strength Index) of 47. This indicates that the asset is neither overbought nor oversold, leaving ample room for upward movement. Key Technical Indicators 1. Fibonacci Retracement Levels: Dogecoin has recently broken above the 38.2% Fibonacci retracement level, a critical resistance point. This breakout suggests that the coin is poised for further gains, with potential targets at $0.4993, $0.5740, and $0.6543 if the bullish momentum sustains. 2. Support and Resistance Levels: The one-month low of $0.2489 is acting as a strong support level, providing a safety net for investors in case of a pullback. On the upside, the immediate resistance lies at $0.267, which, if breached, could open the door for a significant rally. 3. RSI and Momentum With the RSI at 47, Dogecoin is in a neutral zone, indicating that there is no immediate selling pressure. This positions the coin for a potential trend reversal, especially if buying volume increases. 4. Community and Elon Musk’s Support: Dogecoin’s strong community backing, combined with Elon Musk’s continued influence, adds a layer of fundamental support to the technical setup. The meme coin’s ability to rally on sentiment and news cannot be underestimated, as seen in previous cycles. Conclusion Elon Musk’s Department of Government Efficiency (DOGE) has created a perfect storm for Dogecoin, blending fundamental optimism with a strong technical setup. As the official DOGE website goes live and Musk’s plans to slash government spending take shape, Dogecoin is well-positioned to capitalize on the resulting market sentiment. With key technical indicators pointing to a potential breakout and the broader crypto market showing signs of bullishness, Dogecoin could be on the verge of another historic rally. For investors, the coming weeks and months will be crucial as they watch for confirmation of the bullish trend and the realization of Musk’s ambitious goals.
Long
by DEXWireNews
#MEME/USDT#MEME The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.00424 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.00442 First target 0.00460 Second target 0.00475 Third target 0.00492
Long
by CryptoAnalystSignal
TEST Token ($TST) Launched by Binance Poised to Reclaim ATH MarkLaunched by Binance on the BNB Chain, LSE:TST surged an astonishing 43,000%, just days after its listing, only to plummet by 83% shortly after. Now, as the dust settles, technical indicators suggest that LSE:TST might be gearing up for a bullish reversal. But is this token a diamond in the rough or just another speculative gamble? A Binance-Backed Memecoin with a Volatile Start TEST Token ( LSE:TST ) was deployed by Binance on four.meme, a platform known for launching experimental and meme-driven tokens. While the project’s name might suggest a lack of seriousness, its backing by Binance—one of the largest and most reputable crypto exchanges—adds a layer of credibility. The token’s rapid rise and fall can be attributed to the hype-driven nature of memecoins, which often experience parabolic gains followed by sharp corrections. Technical Analysis: From a technical perspective, LSE:TST is showing signs of a potential comeback. Here’s what the charts are saying: LSE:TST has formed a falling wedge pattern, a bullish reversal formation that often precedes a significant upward move. This pattern suggests that selling pressure is diminishing, and buyers are stepping in. The Relative Strength Index (RSI) is at 42.96, indicating that LSE:TST is neither overbought nor oversold. This leaves room for upward movement, especially if buying volume increases. Key Resistance and Support Levels The $0.54 level is a critical resistance point. A breakout above this level could trigger a bullish campaign, potentially pushing LSE:TST toward its all-time high of $1.004. In the event of further downside, the token’s recent low of $0.02607 serves as a strong support zone. Furthermore, trading volume has shown a gradual uptick, signaling increasing interest in the token. This is a positive sign for a potential reversal. Conclusion TEST Token ( LSE:TST ) is a classic example of the high-risk, high-reward nature of memecoins. While its initial surge and subsequent crash have left many investors wary, the technical indicators suggest that a bullish reversal could be on the horizon. For traders and investors willing to take on the risk, LSE:TST offers an opportunity to capitalize on potential gains.
TLong
by DEXWireNews
Just In: $FU Coin Has to Break This Levels to Make A Comeback The BNB chain memecoin has since seen a noteworthy uptick of 389,000% since listing but gradually plummeted losing about 93% of market value. While presently oversold, with the RSI of 26 chart patterns shows barriers that $FU coin has to break to make a comeback. $FU coin has to break pass the 38.2% Fib retracement level to capitalize a move to the resistant point of $0.0002 and possibly a break to the ATH recently attained December, 2024. Similarly, if it fails to break that level and selling pressure persist, we may experienced extreme selling pressure. while already down 15% as of the time of writing, A move to the 78.6% Fibonacci retracement level could breath some hopium for long term holders and early investors. About FU Coin WHATS FU? Dream of magic in your crypto tale? Fu the coin that turns fortune’s sail. Named for “luck” it’s here to ignite, bringing fortune to your wallet’s night. Holding Fu is more than just coin and chain, It’s transforming your wallet into luck’s domain. Powered by BNB, swift and secure. A lucky wallet opens every door. Fu’s not just another coin in the sea, It’s the spark of joy in your crypto spree. Join the Fu journey, where luck’s yours to hold, And turn your wallet’s story into gold! FU Coin Price Live Data The live FU Coin price today is $0.000168 USD with a 24-hour trading volume of $163,696 USD. We update our FU to USD price in real-time. FU Coin is down 17.19% in the last 24 hours. The current CoinMarketCap ranking is #688, with a live market cap of $32,665,073 USD. It has a circulating supply of 194,529,579,979 FU coins and a max. supply of 10,000,000,000,000 FU coins.
PANCAKESWAP:FUWBNB_6ED184.USDLong
by DEXWireNews
OFFICIAL TRUMP OPPORTUNITYThe Official Trump meme coin is currently valued at $25.79, having experienced a notable drop from its peak of $75. Even with this decline, the coin continues to capture attention in both the market and mainstream media. It's worth mentioning that some early investors might still be enjoying substantial profits. While the price is on a downward trend, there is potential for a recovery. Moreover, the coin has established real-world applications, as it is accepted for bookings through Travala, a platform that facilitates crypto payments for flights, hotels, and activities. This acceptance could lead to increased selling as investors cash out, but it may also enhance the coin's value in the long run. A significant portion of its supply remains unreleased, with 800 million coins set to enter circulation over the next three years, which could result in token dilution unless the market cap grows accordingly. The token's market has been volatile, characterised by swift price changes followed by steep declines. Currently, it’s uncertain whether the coin will achieve lasting success or gradually fade away. Major exchanges hold a considerable share of the coin, while retail investors typically possess smaller amounts, yet they still play a role in the trading volume. Although there are worries about the coin's future due to intense selling pressure, it hasn't reached a stage that could be labeled a 'rug pull.' Despite the prevailing bearish sentiment, there is optimism that the coin could experience significant growth again, with some forecasts suggesting it might hit a $100 billion market cap. I see a chance to accumulate within the designated area on the chart. Avoid becoming overly attached to lofty market cap predictions. Instead, establish an accumulation box and a profit-taking box. The strategy of dollar-cost averaging in and out has proven to be a reliable trading approach.
by BallaJi
1
HMSTR: The Hamster Rush for 2-3X GainsHamster Kombat (HMSTR) has been gaining traction within the crypto community, particularly with its innovative approach to gamification in blockchain. The coin has recently shown signs of breaking out from a consolidation pattern, suggesting a potential for a significant upward move. Target Price: 1st Target: $0.00426 (2X) 2nd Target: $0.00639 (3X) Fundamental Analysis: Community Engagement: HMSTR has a vibrant community, with active participation in game-related activities that could drive demand for the token. Utility: The token's use within the Hamster Kombat ecosystem for in-game rewards and transactions provides a practical utility, potentially attracting more users and investors. Market Sentiment: Posts on X (formerly Twitter) suggest a mix of skepticism and optimism, but with significant interest in the project's future developments. Strategy: Entry Point: Look for entry around current levels or on small pullbacks to the $0.00203 support, using this as a buying opportunity. Stop Loss: Place a stop loss just below the recent low at $0.00190 to manage risk. Profit Taking: Take partial profits at the first target of $0.00426 to secure some gains. Move the stop loss to break even or just below the first target if the price continues to rise, aiming for the second target at $0.00639. Risks to Consider: The crypto market is highly volatile, and external factors or negative news could impact the price negatively. The project's success heavily relies on continuous development and community engagement; any faltering could reverse the trend. Conclusion: HMSTR shows promise for a significant move upwards due to its technical setup, community support, and the inherent excitement around its gaming and blockchain integration. However, always ensure to monitor market sentiment and news closely, adjusting your strategy as necessary.
Long
by Hussinvestments
Is TRUMPUSDT Ready for a Major Breakout?Yello, Paradisers! After an extensive downtrend, #TRUMPUSDT is finally showing signs of life, breaking above its descending resistance. Could this be the start of a powerful move higher? A potential deviation pattern is forming, which might act as a trigger for upside momentum—here’s what you need to know. 💎#TRUMP is now approaching a critical resistance zone between $21.20 and $22.80—this is the level that needs to be breached for bulls to take full control. A clean breakout here could send TRUMP soaring toward the $29.50 - $30.50 region, where the first significant resistance awaits. Some profit-taking is expected at this level, so bulls need to push with conviction. 💎Moreover, if buyers can overwhelm the $30.50 zone, TRUMP could enter a massive rally toward $40 - $44, where the 50% Fibonacci resistance sits. This is a major level that demands caution, as it has the strength to trigger a reversal. 💎On the downside, TRUMP is establishing a solid support zone at $17.00 - $16.15. If this level holds in the next few hours, bulls could launch a strong push higher. This zone has already absorbed selling pressure, making it a key area for bulls to defend. Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
$LOFI Set for a 100% Surge Amidst Sui Blockchain’s Rapid GrowthSui Blockchain’s Meteoric Rise and Its Impact on $LOFI The Sui blockchain has emerged as one of the most promising Layer-1 networks in 2024, earning the nickname “Solana Killer” due to its rapid adoption and superior transaction speeds. With a unique object-centric data model and the efficiency of the Move programming language, Sui is designed to handle large-scale decentralized applications seamlessly. The chain has outpaced major projects like Litecoin ( CRYPTOCAP:LTC ), Aptos ( AMEX:APT ), Chainlink ( CRYPTOCAP:LINK ), Cardano ( CRYPTOCAP:ADA ), and Polkadot ( CRYPTOCAP:DOT ), making it a major force in the crypto space. As the ecosystem expands, Sui-native tokens have gained traction, and $LOFI has emerged as a top contender alongside CRYPTOCAP:PEPE on Sui and $BRETT. What Makes $LOFI Stand Out? Unlike many new blockchain projects, $LOFI has secured voluntary listings on major centralized exchanges, including MEXC, LBank, Poloniex, and KuCoin, boosting its exposure and liquidity. The project is built on the principles of community-driven development, accessibility, and decentralized finance (DeFi) innovation. Analysis of $LOFI At the core of $LOFI’s mission is its commitment to creating a thriving Web3 community by leveraging the scalability and efficiency of Sui blockchain. The project’s vision is clear: - Content: Educate and inspire users through engaging digital narratives. - Community: Foster cross-border connections among investors and enthusiasts. - Collaboration: Form strategic partnerships to drive mainstream adoption. Technical Analysis Currently, $LOFI is trading at a market cap of $79,774,218. The token has been in a consolidation phase, moving below key Moving Averages (MAs) but showing signs of a potential breakout. - Relative Strength Index (RSI): 54 (Moderate, signaling room for upward movement) - Key Resistance Level: 1-month high - Immediate Support Level: 78.6% Fibonacci retracement - Bullish Pattern: Bullish engulfing candle, signaling momentum If bullish momentum sustains, $LOFI could witness a 100% surge, retesting its previous 1-month high. However, in case of a pullback, breaking below the 78.6% Fibonacci retracement level could lead to further declines, potentially revisiting its January 28, 2024 low. Volume and Liquidity Trends One of the key aspects influencing $LOFI’s price is its trading volume, which has been in a gradual decline since December 11, 2024. Currently, daily trading volume sits at $13,562,591, reflecting a 41.60% drop in market activity over the past 24 hours. This lower volume presents a buying opportunity for traders looking to capitalize on reduced transaction activity before the next surge. Historical Performance & Growth Potential - All-Time High (ATH):$0.2503 (December 15, 2024) Currently 68% lower than ATH. - All-Time Low (ATL): $0.009318 (November 24, 2024) Currently up 759.58% from ATL. These figures indicate strong investor confidence in $LOFI, despite market fluctuations. Final Thoughts With Sui blockchain’s continued growth, $LOFI is well-positioned for a major breakout, provided it maintains technical support levels and gains volume momentum. The RSI, bullish engulfing pattern, and key support levels suggest potential upside, while the market cap and exchange listings reinforce long-term credibility. For traders and investors, keeping an eye on volume trends, Fibonacci levels, and overall Sui ecosystem developments will be crucial in predicting $LOFI’s next major move. As always, conduct your own research (DYOR) and manage risk accordingly in this volatile market.
Long
by DEXWireNews
2
MUSKIT Wild Run – 2300% Surge Followed by a 92% Drop– What Next?The Solana-based meme coin, Musk It ($MUSKIT), which draws inspiration from Elon Musk and his ventures, experienced an explosive 2300% surge before suffering a 92% crash in value. This extreme price fluctuation has left investors questioning whether $MUSKIT has the potential for a strong rebound or if it’s merely another short-lived pump-and-dump scheme. Market Sentiment and Recent Trends $MUSKIT's drastic price movement coincided with a broader crypto market shake-up. Bitcoin (BTC) dipped to $91K before rebounding to $101K, while Ethereum (ETH) fell to $2K before recovering. This reflects the volatile nature of the crypto space, where sudden price swings are common. Despite its steep decline, $MUSKIT maintains a market cap of $27,585,727.43. The coin remains largely unlisted on major centralized exchanges (CEXs), which means that future exchange listings could act as a catalyst for another price surge. Additionally, with a 24-hour trading volume of $3,985,854, market activity remains significant despite a 58.3% decline in trading volume. Technical Analysis From a technical standpoint, $MUSKIT is currently down 3.4% but showing signs of a potential reversal. The Relative Strength Index (RSI) stands at 46, indicating that the coin is neither overbought nor oversold. This suggests that the bears are not in complete control, and a recovery to the upside remains a possibility. A key pivot level to watch is $0.07278, the coin’s all-time high recorded just four days ago. If $MUSKIT can regain momentum and break resistance levels, it could reclaim previous highs and continue its upward trajectory. However, failure to hold support could lead to a further decline toward $0.008864, its all-time low recorded two weeks ago. Is There Hope for a Rebound? 1. Strong Market Performance Compared to Peers In the last 7 days, $MUSKIT has risen 148.4%, outperforming the overall crypto market (down 6.4%) and similar meme cryptocurrencies (down 23.6%). This relative strength suggests that investor interest remains high. 2. Potential for More Exchange Listings Currently, $MUSKIT is primarily traded on Raydium (DEX) and MEXC (CEX). Additional CEX listings could boost liquidity and attract new investors, potentially fueling another rally. 3. Market Sentiment and Meme Coin Hype Meme coins thrive on community engagement and speculative hype. If Elon Musk acknowledges $MUSKIT in any form (as has happened with Dogecoin), it could significantly impact the coin’s trajectory. Conclusion While $MUSKIT’s massive pump and subsequent crash raise concerns, its relative strength against the broader market, decent liquidity, and upcoming catalysts suggest that it is not entirely doomed. However, traders should exercise caution, monitor key resistance/support levels, and watch for major exchange listings that could reignite momentum. As always, investing in meme coins carries high risks and high rewards, making risk management crucial for those considering a position in $MUSKIT.
Long
by DEXWireNews
Dogwifhat ($WIF) Breaks $1 Psychological Support – What’s Next?Dogwifhat ( SEED_WANDERIN_JIMZIP900:WIF ), the popular Solana-based meme coin, has experienced a sharp decline, breaking below the critical $1 psychological support and trading at $0.829 at the time of writing. This marks a significant 12.42% drop today, pushing SEED_WANDERIN_JIMZIP900:WIF further from its all-time high (ATH) of $4.83 recorded in March 2024. The recent dip raises concerns among traders and investors, especially after notable crypto figures, including Arthur Hayes, previously speculated that SEED_WANDERIN_JIMZIP900:WIF could surge to $5. However, current market conditions and technical indicators suggest a different scenario. Technical Analysis - Support and Resistance Levels: The one-month low is acting as a short-term support zone. A break below this level could push SEED_WANDERIN_JIMZIP900:WIF further down to $0.29, a critical foreseen support level that might stabilize the asset. - Fibonacci Retracement Levels: The 38.2% Fibonacci retracement level serves as a key pivot point at $1.24. If SEED_WANDERIN_JIMZIP900:WIF can break above this level, we could see a potential rally towards $2.50 and beyond. - Relative Strength Index (RSI): With SEED_WANDERIN_JIMZIP900:WIF ’s RSI currently approaching oversold levels, traders may see a short-term bounce, but the overall trend remains bearish unless key resistance levels are broken. Fundamental Analysis Dogwifhat ( SEED_WANDERIN_JIMZIP900:WIF ) remains a dominant meme coin on the Solana blockchain, enjoying strong community engagement and significant exchange listings. Here’s a look at its market performance: - Trading Volume: SEED_WANDERIN_JIMZIP900:WIF ’s 24-hour trading volume surged to $1.62 billion, marking a 134.7% increase, signaling heightened trading activity. - Exchange Listings: Major exchanges like Binance, MEXC, and LBank continue to facilitate active trading, keeping SEED_WANDERIN_JIMZIP900:WIF accessible to a global audience. - Historical Performance: Despite its recent decline, SEED_WANDERIN_JIMZIP900:WIF remains significantly above its all-time low of $0.001555 recorded in December 2023, reflecting a massive 54,054.03% increase. Market Sentiment & Outlook The ongoing bearish sentiment in the broader crypto market has contributed to SEED_WANDERIN_JIMZIP900:WIF ’s decline. However, meme coins often rely on speculative momentum and social engagement, meaning a resurgence is possible if investor sentiment shifts. Conclusion Dogwifhat ( SEED_WANDERIN_JIMZIP900:WIF ) faces a critical test after breaching the $1 support. While the short-term outlook appears bearish, traders are closely watching key support and resistance levels to determine the next move. With strong trading activity and major exchange listings, SEED_WANDERIN_JIMZIP900:WIF is still a player in the meme coin space, but investors should tread carefully amid current volatility.
Long
by DEXWireNews