$NOT believe it or not, Telegram CEO is not coming out of the jail any time soon and $NOT is going to Worth NOTHING by then. sad, but true. we might see a dip to 0.006 levels 🥺🥺🥺
$BTC Weather Alert: Turbulence AheadAttention all BTC traders! While some are forecasting clear skies and record highs, our analysis suggests a storm is brewing. We're predicting a potential price drop below $55k, $50k, and even $47k this week. Don't let the unexpected downturn erode your gains!It's time to secure your portfolio and consider taking profit or adjusting your strategy. Remember, experienced traders know when to navigate through turbulent markets.
Stay informed, stay protected, and share this warning with your fellow traders. #BTC #CryptoWarning #Binance #ProtectYourInvestment #shabana
STRONG BEARISH SIGNAL 🚦 🚦 🚦 Now is the time to score profits and exit if you are a #spot trader. If you are trading #Futures then only focus on opening #Shorts at optimum prices. $BTC $SOL $NOT
Telegram Coin Notcoin (NOT) Reclaims Uptrend With 14% Rise: A Golden Opportunity for Long Trades and
$NOT The cryptocurrency market is buzzing with excitement as Telegram Coin Notcoin (NOT) makes a remarkable comeback. With a 14% rise, Notcoin is breaking free from its recent downtrend, positioning itself as an attractive option for investors looking to capitalize on its upward momentum.
Investors' Optimism Fuels Notcoin's Surge
Notcoin's price recovery is a testament to the growing confidence among its investors. The positive funding rate is a clear sign of bullish sentiment, indicating tha
German Government Wallet Sells $900 Million in Bitcoin: Market Impact and Concerns
The German government, through its labeled cryptocurrency wallet, has recently sold an additional $900 million worth of Bitcoin, igniting concerns about potential downward pressure on Bitcoin prices. On July 8, on-chain data from Arkham Intelligence revealed that the wallet, associated with the Bundeskriminalamt (BKA), transferred approximately 16,309 Bitcoin in multiple transactions to various external addresses. This marks the largest single-day Bitcoin liquidation by this wallet.
Not Coin on the Verge of Falling Hard: Claim Your Profits Now
In the fast-paced world of cryptocurrency trading, timing can be everything. One coin that is currently under the spotlight is Not Coin. Recent technical analysis suggests that this cryptocurrency is on the brink of a significant downturn, presenting a crucial moment for traders.
Technical Indicators Flashing Red
Not Coin has breached the lower speed line on its daily chart multiple times this week. This breach is a critical signal that the coin's support is weakening, and the likelihood of a
Be Aware that these new traders will lose most of the money, and probably blame the industry after that. If you are not teaching yourself how to analyze the market before taking a trade, I would recommend you to stop trading until you know what you are doing. $BTC $SOL $NOT
LIVE
Enes
--
🇩🇪 The German Government sold 600 more #Bitcoin ‼️
• The government currently still has 35,488 #BTC ($2.03 billion)
Dogecoin's Potential Downtrend: Analyzing Key Technical Indicators and Market Conditions
$DOGE Dogecoin (DOGE), the once whimsical meme coin that captured the hearts of the cryptocurrency community, is now facing a potential downturn. Based on recent technical indicators and the prevailing market situation, it appears highly likely that Dogecoin might hit rock bottom, with the next significant support level being around $0.07.
Current Market Overview
The broader cryptocurrency market has been experiencing heightened volatility, influenced by macroeconomic factors such as inflatio
Germany's Strategic Bitcoin Selloff: A Lesson in Market Manipulation
Recently, Germany announced its plan to sell its $BTC reserves, a move that has captured the attention of traders and investors worldwide. However, as of now, the country has only managed to offload a mere 7% of its holdings. This slow selloff is a calculated strategy that offers a glimpse into the sophisticated tactics often employed by large organizations.
The failure to clear the overhead resistance shows that the #bears are active at higher levels. If the price continues lower and breaks below the 20-day EMA, it will signal advantage to bears. The #SOL/USDT pair could slump to the strong support at $126. Contrary to this assumption, if the price turns up from the current level or the 20-day EMA, it will indicate that #bulls continue to buy on dips. The pair could then #rise to $205. If this level is scaled, the pair may jump to $267.
Bitcoin’s (BTC) failure to build upon its solid comeback on March 20 shows that bears are selling on relief rallies. The pullback has dampened sentiment in the short term, resulting in net outflows from the spot Bitcoin exchange-traded funds (ETFs) for four straight days, according to data from Farside Investors.
However, the Bitcoin bull market is not yet over, according to a report by CryptoQuant. The on-chain data analytics firm said the bull market generally ends with “84%-92% of investment” from the short-term holders, which currently is at 48%.
Crypto market data daily view. Source: Coin360
The correction before the Bitcoin Halving is a healthy sign for the long-term sustainability of the bull market because parabolic moves are rarely sustainable. Every dip shakes out the weak hands and allows the stronger hands to add to their positions.
Will Bitcoin and altcoins continue their correction, or is it time for the recovery to begin? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin rebounded sharply off the 38.2% Fibonacci retracement level of $61,736, indicating that traders view the dips as a buying opportunity.
BTC/USDT daily chart. Source: TradingView
The 20-day exponential moving average (EMA) has flattened out, and the relative strength index (RSI) is just above the midpoint, suggesting a range-bound action in the near term. The BTC/USDT pair may face resistance at $69,000 and support at $60,775.
A consolidation near the high is a positive sign, showing the bulls are holding on to their positions and not rushing to the exit. A break above $69,000 could open the doors for a retest of the all-time high at $73,777.
The downside support is at $60,775, followed by the 50-day SMA ($57,623). Buyers are expected to defend this zone with vigor.
Ether price analysis
Ether (ETH) snapped back from the 50-day SMA ($3,161) on March 20, but the bulls could not push the price above the 20-day EMA ($3,537).
ETH/USDT daily chart. Source: TradingView
The ETH/USDT pair turned down from the 20-day EMA on March 22, indicating that the sentiment has turned negative and traders are selling on rallies. Sellers will make one more attempt to break the 50-day SMA support. If they succeed, the pair may collapse to $2,717.
Instead, if the price rebounds off the 50-day SMA, it will signal that the pair may remain between the moving averages. The bullish momentum could pick up after the pair rises above $3,700. The pair may then reach the overhead resistance at $4,100.
BNB price analysis
BNB (BNB) turned up from the 20-day EMA ($520) on March 20, but the relief rally faces resistance near $590.
BNB/USDT daily chart. Source: TradingView
The long wick on the March 22 candlestick shows selling near $590. The bears will again try to sink the price below the 20-day EMA and open the gates for a drop to the breakout level of $460. This level is likely to witness aggressive buying by the bulls.
On the upside, a break above $590 could push the BNB/USDT pair to the stiff overhead resistance at $645. If this resistance is taken out, the uptrend may continue, and the pair could rally to $692.
Solana price analysis
Solana (SOL) witnessed solid buying at the 20-day EMA ($163) on March 20, but the bulls could not drive the price above $205.
SOL/USDT daily chart. Source: TradingView
The failure to clear the overhead resistance shows that the bears are active at higher levels. If the price continues lower and breaks below the 20-day EMA, it will signal advantage to bears. The SOL/USDT pair could slump to the strong support at $126.
Contrary to this assumption, if the price turns up from the current level or the 20-day EMA, it will indicate that bulls continue to buy on dips. The pair could then rise to $205. If this level is scaled, the pair may ascend to $267.
XRP price analysis
XRP (XRP) bounced off the uptrend line on March 20 and rose above the 20-day EMA ($0.62) on March 21, signaling buying at lower levels.
XRP/USDT daily chart. Source: TradingView
If buyers shove the price above $0.67, the XRP/USDT pair is likely to pick up momentum and travel to the formidable resistance at $0.74. This is an important level to watch out for because a break above it could signal the start of the next leg of the uptrend to $0.95.
On the contrary, if the price turns down and maintains below the 20-day EMA, it will suggest that higher levels are attracting sellers. The pair may oscillate between $0.67 and the uptrend line. A slide below the uptrend line could tug the pair to $0.52.
Cardano price analysis
The bulls successfully defended the $0.57 support in Cardano (ADA) on March 20 but are struggling to sustain the price above the 50-day SMA ($0.63).
ADA/USDT daily chart. Source: TradingView
The 20-day EMA ($0.67) has turned down, and the RSI is in the negative territory, indicating that bears have the upper hand. Sellers will make another attempt to sink the price below the $0.57 support. If they manage to do that, the ADA/USDT pair could drop to $0.53 and later to $0.46.
On the other hand, if the price rebounds off the $0.57 support, it will suggest that the bulls are defending the level. The pair will then make another attempt to rise to the 20-day EMA. A break above $0.70 will indicate that the correction is over.
Dogecoin price analysis
Dogecoin’s (DOGE) relief rally rose above the 20-day EMA ($0.15) on March 20, indicating solid buying at lower levels.
DOGE/USDT daily chart. Source: TradingView
The bulls are trying to sustain the price above the 20-day EMA. If they do that, the DOGE/USDT pair will again attempt to rise above $0.16 and challenge the overhead resistance of $0.19. This level may prove to be a difficult hurdle to cross. If the price turns down from this resistance, the pair may remain range-bound between $0.12 and $0.19.
The next leg of the uptrend is likely to begin after buyers kick and maintain the price above $0.19. The pair may then rise to $0.23.
Avalanche price analysis
Buyers have managed to keep Avalanche (AVAX) above the breakout level of $50, suggesting they are trying to flip the level into support.
AVAX/USDT daily chart. Source: TradingView
The marginally rising 20-day EMA ($51) and the RSI in the positive territory show that the bulls have the edge. The AVAX/USDT pair could gradually increase to the $62 to $65 resistance zone. Sellers are expected to protect this zone with vigor. If the price turns down from this zone, the pair may consolidate between $50 and $65 for a few more days.
The uptrend could resume after buyers overcome the obstacle at $65. The pair could thereafter climb to $75. The trend will favor the bears if the price plunges below $50.
Shiba Inu price analysis
The failure of the bulls to push Shiba Inu (SHIB) above the breakdown level of $0.000029 suggests that bears are selling on rallies.
SHIB/USDT daily chart. Source: TradingView
The flattish 20-day EMA ($0.000027) and the RSI just above the midpoint suggest a balance between supply and demand. This equilibrium will tilt in favor of the bulls if the price rises above the resistance line. The SHIB/USDT pair could rise to $0.000035 and eventually to the strong resistance at $0.000039.
Alternatively, if the price continues lower and breaks below $0.000023, the decline could extend to the 50-day SMA ($0.000018).
Toncoin price analysis
The bulls are trying to push Toncoin (TON) to $4.60, but the long wick on the March 22 candlestick shows stiff resistance from the bears.
TON/USDT daily chart. Source: TradingView
The upsloping 20-day EMA ($3.54) and the RSI near the overbought zone indicate that bulls are in control. If buyers do not give up much ground from the current level, the possibility of a break above $4.60 remains high. If that happens, the TON/USDT pair could start the next leg of the rally at $5.64.
Conversely, if the price turns down sharply from the current level, the pair is likely to find support at the 20-day EMA.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.