#TOTAL MARKET CAP ANALYSIS
The total market cap is forming a descending triangle pattern. It recently rebounded from the horizontal support level after encountering resistance at the trendline.
The RSI indicator is currently in the oversold region. It's crucial to monitor closely for a decisive breakout or breakdown of the triangle, as it will confirm the market's next direction.
#LTC/USDT
A symmetrical triangle has formed on the weekly timeframe for LTC, indicating a period of consolidation followed by a breakout. Currently, LTC is undergoing a retest of the triangle's boundaries, with a successful retest potentially confirming a bullish continuation pattern.
Moreover, both the 100MA and 50MA are indicating bullish momentum, further supporting the possibility of an upward movement in LTC in the near future. Keep a close eye on price action for confirmation and potential trading opportunities.
BTC fell to a low of $65,086, a 24-hour drop of 4.57%. ETH once fell below $3,200, down 8.12% in 24h. SOL fell below $150, with a 24-hour drop of 12.68%, WIF dropped 24.1% and PEPE dropped 20.3%. The entire network liquidated $829 million in the past 12h, of which $785 million was liquidated for long orders
Читать полностью…#OM/USDT ANALYSIS
OM continued its bullish move after the breakout of the ascending triangle. The Ichimoku cloud is showing bullish trend. A continuation of the bullish move is expected and in case of some retracement it will retest the ascending triangle.
⌛️🗣️ As #Bitcoin has now drawn to its final week before the #halving, social dominance toward the topic has peaked at its highest level of the year at 9pm UTC. The spikes in this topic should be received as high confidence price reversals for #crypto markets. Markets have been mostly quite flat, which means this spike won't be a major difference maker.
But if you see $BTC teasing #AllTimeHigh levels in the next few days, you should interpret high mentions of the halving as a #FOMO sign, and likely temporary top. Alternatively, if prices start dropping back toward $67K and you see a spike in halving discussion, this is a sign of #FUD, giving you the opportunity to #buy with confidence.
#BTC/USDT ANALYSIS
BTC is consolidating in an ascending triangle. The MA 50 and MA 100 are acting as support inside the triangle. The Ichimoku cloud is indicating a bullish trend.
The MACD crossover is in compression and could expand soon. We have to keep an eye on a solid breakout of the triangle for a strong bullish confirmation.
#BFLOKI breakout with massive volume spike recently and now retesting key support level
Buy it on retest in anticipation of continuation from here 🚀
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#BFLOKI Team giving us hint for tier1 exchange listing on the way for #BFLOKI
Tweet link: https://twitter.com/BitFloki_io/status/1778307742647964085?t=a5LV1jgvgD_bzCaX6RxDWw&s=19
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#BTC/USDT ANALYSIS
BTC has once again broken out of the triangle after hunting stops below it. It bounced from the Ichimoku cloud, indicating a bullish trend. The RSI is currently in the neutral zone.
A successful retest of the triangle would confirm the bullish sentiment. As long as it continues trading above the triangle, we can anticipate the continuation of the bullish move. The only bearish scenario would be a sustained breakdown of the Ichimoku cloud.
#S&P 500 ANALYSIS
The S&P 500 is currently undergoing a correction following a strong bullish rally. It may retest the MA 21 to establish a higher low before initiating the next bullish wave. The RSI experienced a rejection from the overbought region.
A bullish candle closing on the weekly timeframe could signal further bullish movement. It's important to note that its behavior typically correlates with the crypto market.
#OAX/USDT ANALYSIS
OAX has broken out of the symmetrical triangle pattern with decent volume. Currently, it is encountering resistance from the Ichimoku cloud. The MACD crossover is turning bullish. A solid breakout above the Ichimoku cloud or a successful retest of the triangle would confirm a bullish rally.
#BTC/USDT ANALYSIS
BTC is retesting above the ascending triangle on the weekly timeframe. The Ichimoku cloud is indicating a bullish trend. A continuation of the bullish move is expected for as long as it trades above the ascending triangle.
We can employ the fundamental Realized Cap metric to track the cumulative USD liquidity ‘stored’ within the Bitcoin asset class.
Currently, the Realized Cap resides at a new ATH value of $540B, and is increasing at an unprecedented rate of over $79B/month.
We shared #BFLOKI on rock bottom on Technical and fundamental based and we saw price spiked 3x after our call, With more than 1 million in volume.
Now is another opportunity to buy $BFLOKI in dip. BitFloki team is working on something big as they announced back to back exchange listings. Additional supply burn event and Tier 1 listing in pipeline for $BFLOKI🚀✌️
• XT announcement
• AscendEX announcement
• Tier1 announcement
More importantly the opening price on XT exchange is set $0.00012! 🚀 This means we are getting $BFLOKI at very cheap price, With the current price at $0.00003 and the XT.com official listing price set at 0.00012, there's still a 4x-5x opportunity for early birds! 🚀
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PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
#BTC/USDT ANALYSIS
BTC has been rejected from the horizontal resistance and is currently holding above the trendline support of the ascending triangle. The 100-day moving average (MA 100) is acting as support.
A bounce from this level and a solid breakout of the triangle would confirm bullish sentiment, while a sustained breakdown of the triangle would confirm bearish sentiment.
#ALTS MARKET CAP ANALYSIS
The altcoins market cap is currently moving within a symmetrical triangle, followed by a bullish move. The Ichimoku cloud indicates a bullish trend. The 100-day moving average (MA) is acting as support at the trendline of the triangle.
A bounce from the trendline and a solid breakout of the triangle would confirm bullish momentum in altcoins, while a sustained breakdown of the triangle would confirm bearish sentiment.
Hong Kong may approve Spot ETF that invest directly in Bitcoin and Ethereum as early as Monday (April 15), according to Bloomberg. Unlike in the United States, Hong Kong’s cryptocurrency ETFs can support physical redemptions.
Читать полностью…Introducing Omni Network (OMNI) on Binance Launchpool! Farm OMNI by Staking BNB and FDUSD
https://www.binance.com/en/support/announcement/3954d04933da443ab539ca38616013de
#BTC DOMINANCE ANALYSIS
BTC.D is currently moving within an ascending triangle and trending towards the horizontal resistance. The Ichimoku cloud is serving as a support level.
A potential scenario could involve rejection from the horizontal resistance, whereas a definitive breakout would confirm bullish momentum.
Conversely, a sustained breakdown of both the triangle pattern and the Ichimoku cloud would signal a bearish trend.
It's important to note that altcoins tend to pump when BTC.D decreases, while BTC typically experiences gains or moves sideways.
Now you can buy $BFLOKI on Binance Web3 wallet🔥
https://twitter.com/BitFloki_io/status/1778445859149225995?t=k728q0mrf6SI_SnL1FQIXA&s=19
As per tweet BitFloki team is giving clear hint for big stuff in pipeline for #BFLOKI holders
Don’t sleep on this project🚀✌️
As per XT.com official announcement XT will list BFLOKI at $0.00012 price on 15th April , 14:00 UTC.
This means we are getting $BFLOKI at very cheap price currently. Grab it and be a early bird of this massive journey 🥳
https://xtsupport.zendesk.com/hc/en-us/articles/31042547390617-XT-COM-Announcement-on-Launching-BFLOKI-bitFloki
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Uniswap receives SEC lawsuit warning
https://www.theblock.co/post/287660/uniswap-receives-sec-lawsuit-warning
NEW: After reaching a peak of nearly 71% in November, the amount of #Bitcoin held for over one year has dropped in recent weeks to 66%.
This decline comes as some holders capitalize on profits, given that the price of #Bitcoin has more than doubled since last April.
The United States announced that the unseasonally adjusted CPI annual rate in March was 3.5%, which was expected to be 3.40% and the previous value was 3.20%.
Читать полностью…#EGLD/USDT
EGLD has broken the falling wedge chart pattern. Currently. it is testing out the wedge. A successful retest would serve as bullish confirmation.
#US DOLLAR ANALYSIS
The US dollar has been rejected from the trendline resistance of the symmetrical triangle. The MA 100 is acting as a resistance point. Additionally, the Ichimoku cloud indicates a bearish trend.
A rejection remains a possible scenario, while a solid breakout of the triangle would confirm bullish momentum. It's important to note that the dollar tends to move inversely to the crypto market.
#XRP/USDT ANALYSIS
XRP has broken out of the descending triangle pattern and has also surpassed the Ichimoku cloud. Presently, it is retesting above the cloud. A bullish move is anticipated for as long as it continues to trade above the triangle.