Pepe Price Prediction: Pepe Rally Shows No Signs of Slowing.
#Pepe coin has exhibited a notable bullish trend, marked by six consecutive weekly candlesticks closing in a bullish manner.
The latest week recorded an impressive 83% gain over the preceding seven days, reflecting strong bullish momentum.
Since April 13th, Pepe has consistently formed higher highs, indicating a sustained upward trend.
This trend has been reinforced by the coin's ability to breach resistance levels while adhering to an ascending trendline.
Pepe experienced a remarkable 300% surge from its low of $0.00000391 to achieve a new all-time high.
A rounding bottom reversal pattern observed on the daily chart further confirmed the bullish sentiment.
Currently, Pepe is made new all time high at $0.00001725 and is challenging the 1.618 Fibonacci level, suggesting potential for another breakout rally.
On the 4-hour chart, Pepe is observed within a rising channel pattern, with the current price rebounding from the channel's bottom, indicating a continuation of the upward trend.
According to Coingabbar prediction, A breakout above $0.00001678 could extend the current bull run, with potential price targets of $0.000020 or $0.000026 within the current week.
If the bulls fail to cross the 1.1618 Fibonacci barrier, a pullback will occur, and the price may drop to $0.00001300, followed by $0.00001000.
KEY LEVELS :
RESISTANCE LEVEL : $0.00002000-$0.00002600
SUPPORT LEVEL : $0.00001300-$0.00001000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
Bitcoin Price Prediction 2024-2030: Will BTC Price Surpass $100K Post-Halving?
Following the fourth Bitcoin halving event, Bitcoin price initially gained a buying demand; however, it failed to hold its bullish momentum due to rising bearish threats. As a result, BTC price dropped below the psychological $60K mark. However, there’s still hope among holders as they expect Bitcoin to reach $100K by 2024.
According to CoinGlass data, Bitcoin experienced over 14 percent drop in April, marking the most challenging month since November 2022. Historically, Bitcoin has ended May on a downward trend over the last three years, suggesting potential continued struggles.
However, despite bearish spot Bitcoin ETF flow the US Bitcoin sentiment develops a bullish trend as BTC HODLers are anticipating a continuous uptrend beyond $75,000. This has led analysts to think: Will this lead Bitcoin price past $100,000?
The current BTC trading sentiment is bullish as Bitcoin traded at its highest point in pre-halving rally. Since 2024 is bullish for the crypto market, anticipation is that the BTC price could hit $100K during this season.
As Bitcoin on-chain activities surge, questions arise, such as: “Does Bitcoin have the potential of hitting the $100K mark?” or “Will Bitcoin ever go up?” or “Where will Bitcoin be in 5 years?” Let’s answer them using our Bitcoin price prediction.
Overview
Cryptocurrency Bitcoin Token BTC Price $68,000 Market Cap $1,121,914,422,643 Trading Volume $45,318,495,561 Circulating Supply 19,692,534 All-time High $73,750, March 14, 2024 All-time Low $0.04865, Jul 15, 2010 24 High $62,121 24 Low $56,555 Bitcoin Price Prediction: Technical Analysis
Metric Value Price Prediction $80,986 (34.39% increase) Volatility 4.06% 50-Day SMA $66,651 14-Day RSI 38.30 Sentiment Bearish Fear & Greed Index 54 (Neutral) Green Days 15/30 (50%) 200-Day SMA $48,164
consider the following factors: 1. **Research**: Thoroughly research the cryptocurrencies you are interested in. Understand their technology, use cases, development team, community support, and long-term potential. 2. **Market Trends**: Keep an eye on market trends, news, and developments in the cryptocurrency space. This can help you identify potential opportunities or risks. 3. **Diversification**: It's generally recommended to diversify your cryptocurrency investments to reduce risk. Avoid putting all your funds into a single cryptocurrency. 4. **Security**: Ensure you use secure and reputable cryptocurrency exchanges or wallets to store your digital assets. 5. **Regulatory Environment**: Be aware of regulatory risks. #bitcoinhalving #Megadrop #Token2049 #BullorBear #SHIB $BTC $ETH $BNB
The Iranian attack on Israel has shaken financial markets, triggering a wave of panic selling that has hit Bitcoin hard. However, it’s not the only factor to take into account. Indeed, several factors contribute to market volatility. Among them, 🫣 upcoming events in the next few days could significantly shake up the future of Bitcoin.🫡 Firstly, the Bitcoin Halving scheduled between April 18 and 21, 2024, could boost the cryptocurrency’s price. Indeed, this halving of the miners’ reward is historically followed by a rebound in Bitcoin. Nevertheless, its impact remains uncertain in the current context. Next, the lawsuit between the SEC and Coinbase, scheduled for April 19, could undermine investor confidence if the decision goes against the exchange platform. Finally, the hearing of the former CEO of Binance on April 30 will be closely scrutinized. His statements and possible legal proceedings could have a significant impact on the entire crypto market, including Bitcoin.
Top Cryptocurrencies to Watch in April Explore the top cryptocurrencies set to shine in April. Find out why #Ethena #Toncoin #VeChain are the tokens to watch as we approach the Bitcoin halving.
I explore key tokens like Ethena, Toncoin, and VeChain, each showing promising developments that could shape their market trajectories.
Bitcoin market cap dominance has hit a new high level that it last witnessed three years ago. Consequently, altcoins are feeling the pressure of this new feat on their prices. According to data from TradingView, BTC hit 56.3% in the share of the entire cryptocurrency market cap. Coming into the weekend, the price of BTC took a beating after a massive liquidation brought it close to $65,300.
Now just wait for the time something new is coming which no one has seen before 😃
Bitcoin Price Nosedives as Middle East Conflict Intensifies
Bitcoin (BTC) experienced a sharp decline of over 8.4% on April 13th, following Iran’s retaliatory attack on Israel. The leading cryptocurrency’s price fell from approximately $67,000 to $61,625, resulting in a significant loss of market capitalization in a matter of minutes. #BinanceLaunchpool #cpi #bitcoinhalving #BullorBear #Memecoins $BTC $ETH $BNB
Volatility Across All Markets The altcoins, however, plunged hard, with numerous double-digit declines within hours. Yet, price declines were evident even in more mature industries, like the US stock markets, where the S&P 500 fell from over 5,210 to under 5,100 in minutes, and so did the Dow Jones Industrial Average and the Nasdaq Composite.
Even gold, arguably the asset best known for its stability amid crisis and lack of volatility, decreased by 4% in hours from its all-time high of $2,433 to $2,333.
Before that, the precious metal was on a roll, especially since it decisively broke above $2,000 earlier this year. The geopolitical tension in Europe and the Middle East propelled further gains, but Iran’s inclusion resulted in massive price increases that drove gold to its aforementioned highest price against the dollar. #Memecoins #bitcoinhalving #BinanceLaunchpool #cpi #WIF $BTC $BNB $SOL
Today, the crypto market took a nosedive, and here’s a deep dive into what’s going on:
The market’s decline has mirrored a broader sell-off in traditional markets, influenced by an uptick in geopolitical tensions and economic uncertainty. So, as traditional markets flinched, cryptocurrencies didn’t miss a beat in joining the plummet.
During the afternoon trading hours in the United States, Bitcoin took a steep fall below the $66,000 mark after nearly touching $71,000 just a few hours before. As of press time, Bitcoin has clawed its way back to exactly $69,934, a 5% drop in the last 24 hours alone. Not far behind, Ethereum saw a dramatic 12% drop to $3,100 before paring some losses to $3,230 as of the time of writing. The downturn wasn’t a gentle slide but more of a freefall. Futures market data pointed out a brutal session for traders using leverage. Over $400 million in leveraged positions were liquidated in just one hour.
Binance traders faced the brunt of it, with liquidations totaling $171 million, while their counterparts on the OKX exchange saw $158 million wiped out. The total damage across the market in the last 24 hours? A massive $860 million across 270,993 traders, according to Coinglass. This market tumble coincided with a dip in U.S. stock markets, reacting to new inflation data indicating a third consecutive month of acceleration. This hotter-than-expected Consumer Price Index (CPI) print has dampened any remaining optimism for near-term Federal Reserve interest rate cuts, throwing a wet blanket on hopes that inflation was close to being under control.