The fact that $BTC could rise to $73k is largely due to the inflow from the ETFs. Meanwhile, the important condition for $BTC to increase steadily to higher prices such as 80k or 100k is that people's belief in the value of cryptocurrency has not been expressed too easily. So what $BTC needs right now is very positive information for cryptocurrency from the US government. When confidence in cryptocurrency is firmly established, altcoin season will come.#bitcoin
MACD: MACD line is above the signal line. RSI: The RSI indicator is at 68, showing that the market is in a strong buying state. EMA: price is above the EMA 50 showing an uptrend.
4. Conclusion: The price could break through the $174 resistance level and rise to the next resistance level, or the price could retrace to the nearest support area and continue to rise.
Support levels: $0.5252 and $0.4840 Resistance levels: $0.4840 and $0.7207
3. Technical indicators:
MACD: MACD line is above the signal line. RSI: The RSI indicator is at 61, showing that the market is in a strong buying state. EMA: price is above the 50 EMA showing an uptrend.
4. Conclusion: price may continue to increase after cutting into the EMA 50 dynamic support line.
Support levels: $0.010691 and 0.009039. Resistance levels: $0.014381 and $0.015409.
3. Technical indicators:
MACD: MACD line is above the signal line. RSI: The RSI indicator is at 54, showing that the market is in a neutral state. EMA: price is above the 50 EMA showing an uptrend.
4. Conclusion: After the price retraces to the support zones, the price may continue to increase.
Support level: the nearest support level is $3.1403. If the price breaks through, the next support level is $2.9478. Resistance: price levels $3.6861 and $3.9718.
3. Technical indicators:
EMA: Price is above the 50 EMA showing an uptrend MACD: MACD line is above the signal line and in an uptrend, showing an uptrend. RSI: The RSI indicator is at 60, showing that the market is in a bullish state.
4. Conclusion:
The price broke through the resistance level of $3.2747 and the indicators all show bullish signals so it can be concluded that the price will start to increase. #wif
2. support and resistance levels: Support level: the nearest support level is $0.6192. If the price breaks through, the next support level is $0.5601. Resistance levels: price levels $0.7889 and $0.8479.
3. Technical indicators:
MACD: The MACD line is above the signal line and in an uptrend, showing a short-term uptrend. RSI: The RSI indicator is at 45, showing that the market is in a neutral state. Stochastic: The %K and %D lines are intersecting upwards, indicating a potential buy signal.
4. Conclusion: prices may continue to increase in the short term. #BB
Information related to cryptocurrency BounceBit ($BB)
Introduce:
BounceBit ( ) is a Layer 1 network that provides a native restaking solution for BTC tokens, and also aims to expand the application of some coins such as USDT and DAI. BounceBit is also EVM compatible, allowing developers to conveniently execute dApps on the network. Characteristic: EVM (Ethereum Virtual Machine) compatibility: BounceBit supports Solidity smart contracts and Ethereum development tools, making it easy for developers to build decentralized applications (dApps) on the platform.
People cryptocurrency price chart analysis in 1-hour time frame:
1. Strong uptrend: sharpest increase of all cryptocurrencies in the last 24 hours
2. support and resistance levels: Support level: Previously, the $0.09650 level caused the price $PEOPLE to reverse twice to create 2 peaks. Currently, the price has broken through and this price level will be the support zone, everyone can buy again at this price level. Resistance level: price levels $0.10777 and $0.11618 will be the next two price levels to see a retracement. 3. Technical indicators: Moving average: Forms dynamic support at $0.08641. MACD: Shows an uptrend. RSI: price is overbought. 4. Conclusion: prices may continue to rise. #PEOPLE/USDT
Recent News about PIXEL Cryptocurrency (updated as of June 1, 2024)
Price and Market: PIXEL price is currently trading at $0.4074, up 3.77% over the past 24 hours and 26.40% from its all-time low.
PIXEL trading volume in the last 24 hours is $14,968,901.91. PIXEL is currently ranked 1,010th among all cryptocurrencies by market capitalization. PIXEL's market capitalization is $322,047,456.28. Evolution: Pixel has launched the beta version of its Play to Earn game "Pixel Game". This game allows players to earn PIXELs by participating in various activities such as farming, animal husbandry, and crafting.
Recent news related to $SHIB cryptocurrency (updated as of June 1, 2024)
Price and market: SHIB price is currently trading at $0.0000252 with a market capitalization of $11.87B. SHIB price increased slightly in the last 24 hours (1.33%) and increased 11.14% in the last 7 days. SHIB trading volume in the last 24 hours was $447.91M. SHIB is currently ranked 11th among all cryptocurrencies by market capitalization. Evolution: The Shiba Inu development team has released a new update for Shibarium, SHIB's private blockchain. This update brings many performance and security improvements.
Recent news related to NEAR cryptocurrency (updated as of June 1, 2024)
Price and market: NEAR price is currently trading at $7.347483 with a market capitalization of $7.94B. NEAR price decreased slightly in the last 24 hours (-1.29%) but still increased 14.23% in the last 7 days. NEAR trading volume in the last 24 hours is $323.48M. NEAR is currently ranked 17th among all cryptocurrencies by market capitalization. Evolution: NEAR Protocol has launched an $80 million Aurora fund to support Web3 development on NEAR. This fund will invest in projects building decentralized applications (dApps) and infrastructure on NEAR.
Recent news related to Pepe cryptocurrency (as of June 1, 2024)
Price increase: Pepe hits new all-time high: The highest price ever for Pepe cryptocurrency (PEPE) is $0.00001717 USD, recorded on May 27, 2024, marking impressive growth 80% for the week. Soaring market capitalization: Thanks to a strong price rally, Pepe's market capitalization has surpassed $7 billion, placing it in the top 20 cryptocurrencies. Increased trading volume: Pepe trading volume on exchanges also increased significantly, showing increased investor interest in this coin.
Recent news related to Notcoin cryptocurrency (updated as of June 1, 2024)
1. Notcoin is listed on the MEXC Global exchange:
On May 24, 2024, Notcoin was officially listed on the MEXC Global exchange, one of the world's leading reputable cryptocurrency exchanges.
This listing marks an important step forward for Notcoin, helping the coin reach more investors and increase liquidity. 2. Notcoin cooperates with TON Labs to develop the ecosystem:
ETH price is in a short-term uptrend. The price broke above the $3,800 resistance line and is aiming for the next target at $3,900. However, the price may encounter some resistance at the $3,900-$4,000 zone.
Indicator:
RSI: 52.44 (Slightly overbought) MACD: The MACD line and the signal line are crossing each other upward, showing that the uptrend is continuing. Stochastic: The stochastic line is in the high zone, showing that the upward momentum is weakening.
Conclude:
ETH price may continue to rise in the short term, aiming for $3,900. However, investors should be careful with the possibility of price correction in the $3,900-$4,000 area. It is recommended to monitor technical indicators to confirm price trends. #ETH