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PEPE Poised for Major Rally as Whales Ignore Friday’s CorrectionThe Pepe price continues to remain resilient in the face of a recent market correction, exhibiting notable strength. market analysts posit that investors can expect CRYPTOCAP:PEPE to climb by 25%. Despite a significant selling pressure spike observed across the crypto market on May 10, Pepe's ( CRYPTOCAP:PEPE ) price remained unaffected. While Bitcoin ( CRYPTOCAP:BTC ) witnessed a drop of approximately 4%, leading to double-digit declines in many altcoins, the meme coin PEPE remained largely unaffected. Notably, PEPE's price action appears to be more promising than most altcoins, as it is on track to surpass the local top formed on March 14. Although the price movement has been range-bound, CRYPTOCAP:PEPE has recorded an impressive surge of 134% in under a month, indicating potential for further growth. Currently trading at $0.00000854 as of the time of writing with a Relative Strength Index (RSI) of 60.36 which is slightly overbought. In conclusion, if the crypto market outlook remains stable, Pepe's price is expected to outperform the market.
Long
by DEXWireNews
Kendu Inuthis chart is pretty bullish and every can see no pump & dumps on chart this is purely organic. The Chads behind this project are relentless and it’s not just any memecoin or any Inu. it got some Og alpha of a 14B+ project behind pushing. This is retirement alpha. For the in-to-technical analysis, yall gotta ape in this community and shill hard. we are the community. That's a classic sideways wedge to printed bullflag It will follow by a mcduff pump and teacup raccoon
Long
by sugaranKing7
Dogecoin Now Payment Method in Tesla Inc., DOGE Price Rally 20%Elon Musk, the CEO of Tesla, has reportedly added Dogecoin ( CRYPTOCAP:DOGE ) as a payment method for some Tesla products, leading to a 20% increase in the CRYPTOCAP:DOGE price. The move follows a month-long hindrance by Musk about accepting Dogecoin as an official form of payment for Tesla vehicles. Traders immediately responded to the news, with the DOGE price skyrocketing over 20% in the last 24 hours, with the price changing hands at $0.16. Tesla products can only be purchased through a Dogecoin wallet, and all eligible Tesla products will be clearly priced in Dogecoin. However, there are terms when making Dogecoin payments, including not accepting payments from multiple wallets for a single order, unable to cancel an order once placed, and not applicable returns for items purchased with Dogecoin. Meanwhile, Tesla has not confirmed whether Dogecoin is an acceptable payment for Tesla cars. In March, Musk hyped up the meme coin at the Tesla Gigafactory near Berlin, Germany, and said he thinks the company should enable it at some point. The CRYPTOCAP:DOGE price has risen more than 20% in the past 24 hours, currently trading at $0.16. The 24-hour low and high are $0.137 and $0.161, respectively. Trading volume has surged over 90% in the last 24 hours, indicating massive interest among traders. Total Dogecoin futures open interest has increased by 26% over 24 hours and a more than 9% jump in open interest in the past 4 hours, indicating massive buying from futures traders.
Long
by DEXWireNews
1
DAILY DOUBLE BOTTOM FORMING?What's up traders and holders. I charted up #ApeWifHat on the daily timeframe to show you what I think could come by the end of this month. In Orange are daily Key Levels, Purple is a Key Zone, and Blue is the possible double pattern formation. Prediction: Price rises to Key Zone and battles it. From there it could beat resistance then rise to a daily key level @0.00000008225. If it fails to beat resistance, it could consolidate back and forth between the key zone and daily support. Ape Wit Hat has been bearish since the beginning, but I think that it has found its floor. I predict big bullish action in the coming days if BTC and SOL were to rise. It's currently at a $2.6 Mil market cap which is baby compared to other meme coins that has already hit and sustained a Billion Dollar market cap. This is an early opportunity for people who enjoy getting money. apewifhat.net #memecoins #apewifhat #solano
Long
by itsmoty
🐶Floki(FLOKI)🐶 Fall by🌠Shooting Star🌠🏃‍♂️Floki(FLOKI) has managed to form a 🌠Shooting Star Candlestick Pattern🌠 near the Upper line of the Descending Channel and the Resistance line and 🟡 Price Reversal Zone(PRZ) 🟡. 🔔I expect Floki(FLOKI) to fall at least to the 🟢 Support zone 🟢 and lower line of the descending channel. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Floki Analyze ( FLOKIUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
20
BONK - FAKE TRIANGLE PATTERN ! Be aware HAMSTERS 🐹!!!BONK is currently trading within a symmetrical triangle pattern on the 1-hour timeframe. This pattern is characterized by converging trendlines connecting a series of price highs and lows, creating a triangle shape. Symmetrical triangles are often considered continuation patterns, suggesting that the price is likely to break out in the direction of the prevailing trend. Downward Breakout and Imbalance: BONK has recently experienced a downward breakout from the symmetrical triangle pattern. This breakout suggests a potential shift in momentum towards the bearish side. However, it is important to note that false breakouts can occur, and further price action is needed to confirm the breakout's validity. Unfilled Imbalance: Within the symmetrical triangle pattern, there is an unfilled imbalance zone between $0.55 and $0.60. This imbalance represents a price area where there is a higher concentration of sell orders compared to buy orders. Imbalances can act as magnets, pulling the price towards them to fill the excess orders. Potential Retest and Bullish Breakout: Given the downward breakout and unfilled imbalance, two scenarios could unfold: 1. Retest of 0.5 Imbalance Level: The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $0.575. This retest could serve to shake out weak hands and accumulate liquidity before a potential reversal. 2. Breakout of Symmetrical Triangle: If the price can hold above the 0.5 imbalance level and reclaim the symmetrical triangle pattern, it could signal a resumption of the uptrend. A potential target for the breakout would be the $0.70 resistance level. Significance of False Breakouts: False breakouts of symmetrical triangles are often considered bullish continuation patterns. This is because they can shake out weak hands and trap liquidity on the wrong side of the market, potentially fueling a subsequent breakout in the opposite direction. Overall Outlook: BONK's price action suggests a potential breakout from the symmetrical triangle pattern, with the possibility of a retest of the 0.5 imbalance level before a potential bullish continuation. While a downward breakout has occurred, false breakouts are common in this pattern, and further price action is needed for confirmation.
Long
by Yaroslav_Krasko
Short Term Price Action SentimentHey again! Earlier I posted about #APEWIFHAT on whether I believed it will rise or not. Im also posting these so that others can discover this hidden GEM before it takes off in the bull run. For reference, the trend line and support line are both from the 4HR Timeframe. The blue resistance level is from the 1HR Timeframe. I added direction bias for both sides of the action for this post. In the short term, I believe we will have retracement to the support zone and maybe a little bit of consolidation there. It could completely skip retracing to support, but I doubt it. So if it does, I will just BUY more. On the flip side it could ignore the support level like I said and then rise above the 1HR resistance level, have a slight pullback to make that same level support, then go on to test the 4HR Trend resistance. My Long Term Bias is SUPER BULLISH Whether it goes up or down, I will still be in it. Community is STRONG so I'm Holding. What's your thoughts on #apewifhat meme coin? apewifhat.net #memecoin #solano
Short
by itsmoty
1
I don't see anyone else posting about ApeWifhat so I will!For starters my overall sentiment is bullish. I am a holder, but I'm not biased. If it never rises, I will be fine. Now to my analysis... This is a fairly new project that launched in March. It's currently consolidating but it had a strong bullish uprise then found its first all time low. Its currently in a downtrend and has found a solid area of support as indicated on the chart. We are possibly going to retest it soon but if we don't, than we may be in for a moon ride. Ive indicated a simple trend and support from the 4hr timeframe, which I think is crucial for predicting this so early. I think everyone should grab them some of this memecoin before all of the big whales come along and takeover. Just like they did with the others. I will post more on Ape Wif Hat soon but for today I kept it short and sweet because I had to get the party started. *Ps The community is big, strong, and active just like an Ape. Amazing team and project here with no false utility agenda. These are RARE! #apewifhat #memecoin apewifhat.net
Long
by itsmoty
2
Dogwifhat (WIF) Futures Debut on Coinbase Fails to Ignite RallyThe eagerly anticipated listing of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase International Exchange and Coinbase Advanced stirred excitement among crypto enthusiasts, yet failed to catalyze a significant rally for the beloved dog-themed meme coin. Despite the fanfare surrounding its debut, CRYPTOCAP:WIF struggled to mirror the explosive surge witnessed by its counterparts, plummeting by 7.44%. Underwhelming Response Amidst Market Turbulence In contrast to the notable rally witnessed following PEPE's futures listing in April, the unveiling of WIF perpetual futures on Coinbase failed to garner the same fervent response from investors. While limit, market, and stop limit orders became available for the token's futures contract, enthusiasm waned as US customers found themselves unable to participate in the trading frenzy on Coinbase's platforms. Although CRYPTOCAP:WIF experienced a modest uptick of 0.9% post-listing, the absence of a substantial price surge indicated a broader hesitance among investors to leverage the futures debut as a bullish signal. This tepid response can be attributed, in part, to the prevailing downturn in the crypto market, where many assets, including meme coins, have faced stagnation amid fluctuating market conditions. Coinbase's Stance and Ongoing Support Despite the subdued market reaction, Coinbase continues to demonstrate its commitment to nurturing emerging cryptocurrency projects on its international platforms. With plans to introduce Aevo, Ethena, and Etherfi perpetual futures on May 2, Coinbase reaffirms its role as a catalyst for innovation within the crypto ecosystem. The platform's proactive approach towards supporting nascent projects underscores its dedication to fostering growth and diversity within the burgeoning crypto marketplace. Navigating Market Volatility and Future Prospects As meme coins navigate the complexities of market volatility and investor sentiment, the debut of CRYPTOCAP:WIF perpetual futures on Coinbase serves as a microcosm of the evolving landscape of meme coin investments. While some projects may experience meteoric rises, others may encounter more subdued receptions, reflecting the multifaceted nature of investor behavior and market dynamics. In the face of ongoing market fluctuations, the resilience and adaptability of meme coins will be tested, with projects seeking to differentiate themselves and capture the imagination of investors amidst a crowded digital landscape. As WIF and its contemporaries navigate the road ahead, their ability to innovate, capture market sentiment, and foster community engagement will ultimately shape their trajectory in the ever-evolving world of cryptocurrency. A Reflection of Market Realities The debut of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase represents a pivotal moment for the meme coin community, highlighting both the potential and challenges inherent in meme coin investments. While the futures listing failed to trigger a significant rally, it serves as a poignant reminder of the nuanced dynamics at play within the crypto market, where investor sentiment, market conditions, and platform support converge to shape the trajectory of emerging projects. As the crypto landscape continues to evolve, CRYPTOCAP:WIF and its peers stand poised to navigate the complexities of market volatility and emerge as resilient contenders in the ever-expanding world of cryptocurrency.
by DEXWireNews
Shiba Inu Raises 12 Million Via TREAT For Layer-3 BlockchainShiba Inu's lead developer, Shytoshi Kusama, has disclosed that the company has successfully raised $12 million in funding via TREAT tokens for the development of its new privacy-focused Layer-3 blockchain and Shibarium projects. The announcement has led to a 1% jump in the CRYPTOCAP:SHIB price. The capital was raised from several venture capital firms, including Animoca Brands, Mechanism Capital, and Polygon Ventures, among others. Shiba Inu ( CRYPTOCAP:SHIB ) aims to expand its use cases and utility by developing its new privacy-focused Layer 3 blockchain and other projects with the funding raised through TREAT utility and governance tokens. The funds will be primarily allocated towards the development of Shiba's new privacy-based Layer-3 blockchain with Zama and to ensure its Shibarium blockchain remains in focus, while expanding security measures and regulatory compliance. Moreover, TREAT will hit the crypto market later this year, and the Shib ecosystem will also introduce a new token called Shi stablecoin. The announcement was made by Shytoshi Kusama during the Token2049 event, leaving the Shib Army in a state of excitement and anticipation. The SHIB price has risen to $0.00002705, with the 24-hour low and high being $0.00002551 and $0.00002761, respectively. However, the trading volume has decreased by 27% in the last 24 hours, indicating a decline in interest among traders. As a prominent meme coin that has expanded into a broader ecosystem, including decentralized finance (DeFi) applications and a dedicated blockchain, Shiba Inu ( CRYPTOCAP:SHIB ) is gradually progressing towards its aim of becoming a mainstream financial entity. Technical Outlook The meme coin termed Shiba Inu is trading above the 200-day Moving Average (MA) with a moderate Relative Strength Index (RSI) of 53.63. The Monthly price chart depicts a bullish Symmetrical Triangle patter which accentuates to CRYPTOCAP:SHIB 's bullish trend.
Long
by DEXWireNews
SOLANA UPDATE SOLANA has been one of the best performing large caps this year. A strong L1 project that has an ATH of $260 from the previous Bullrun that has made a huge rally off the lows. My pessimistic side is worried that the rally has been exhausted, we've reached HTF RESISTANCE as well as a STRONG BEARISH DIVERGENCE. There is a strong case to be made that using TA this would be a great place to take profits. Not necessarily go short, but de-risk and enjoy what would have been a roughly 5x from lows. We also have SOLANA being used to buy SOL memecoins, we're seeing this across the board with AVAX and INJ too, we've reached the memecoin phase of the run which also leads me to believe this move is coming to an end. Just how long the memecoin run will last, who knows, but it will come to an end as they always do, and usually very suddenly. For now TA says to de-risk, however FA is running the show for now, we'll see for how much longer.
by ProR35
🐸PEPE🐸 is Ready to Correct 🚨➖50%🚨🐸As I shared with you in the analysis a few days ago , PEPE continued its upward trend and was able to create a New All-Time High(ATH) . ( PEPE has increased over 😱➕200%😱 since my analysis ). 🚀 PEPE managed to break the 🔴 Resistance zone 🔴with high momentum and create a New All-Time High(ATH) . 🌊According to the theory of Elliott waves , it seems that PEPE has completed the main wave 3 and is in the process of completing the main wave 4 . 🔔I expect PEPE to return to the broken 🔴 Resistance zone 🔴 (pullback) to complete main wave 4 and decline by 🚨➖50%🚨 . ❗️⚠️Note⚠️❗️:If PEPE goes back below the 🔴Resistance zone🔴 again, we should expect more PEPE falls. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. PEPE Analyze (PEPEUSDT), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
21
🐶Floki Inu(FLOKI)🐶 is Ready to Fall Again✅ Floki Inu(FLOKI) fell more than ➖30% , as I expected in the previous post . 📈The Floki Inu(FLOKI) has started to rise again but I expect the Floki Inu(FLOKI) to continue falling again. 🏃‍♂️Floki has already succeeded in breaking the uptrend line . 🔔I expect Floki Inu(FLOKI) to at least fall into the 🟢 Support zone 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Floki Inu Analyze ( FLOKIUSDT ), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
35