Pepe-themed meme coin Smidge is exploding today with its price up over 150% in the last 24 hours. Meanwhile, a Pepe-focused layer 2 cryptocurrency, Pepe Unchained, is turning heads after raising almost M through the first week of its presale. Let’s dive into these two meme coins and see what’s behind their rapid rises. Smidge […]
Bitcoin News
BABY BEERCOIN Pumps Over 100% in 24 Hours as New Meme Coin WienerAI Raises $6M in Buzzing Presale
It’s been a great 24 hours for BABY BEERCOIN (BBEER) holders. The coin’s price has rocketed over 100% in the past day, now hovering around the .00066 level. However, an even quirkier meme coin called WienerAI (WAI) is also doing well – and just passed the million milestone in its token presale event. BABY […]
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Uniswap Price (UNI) Pumps 20%: Is This the Start of a Major Rally?
UNI price started a major increase above the .50 resistance. Uniswap is showing positive signs and might eye more upsides above the .00 resistance.
- UNI started a fresh increase above the .50 resistance zone.
- The price is trading above .20 and the 100-hourly simple moving average.
- There was a break above a key bearish trend line with resistance near .35 on the hourly chart of the UNI/USD pair (data source from Kraken).
- The pair might correct gains, but the bulls might eye more upsides above .00 in the near term.
UNI Price Regains Traction
After forming a base above the .20 level, Uniswap started a fresh increase like Bitcoin and Ethereum. UNI price gained pace for a move above the .80 and .00 resistance levels.
There was a break above a key bearish trend line with resistance near .35 on the hourly chart of the UNI/USD pair. The bulls even pushed the price above the .50 and .50 resistance levels. Finally, the bears appeared near the .00 zone.
A high was formed near .795 and the price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the .28 swing low to the .95 high.
UNI is now trading above .20 and the 100-hourly simple moving average. Immediate resistance is near the .55 level. The next key resistance is near the .00 level. A close above the .00 level could open the doors for more gains in the near term.
The next key resistance could be near .20, above which the bulls are likely to aim a test of the .50 level. Any more gains might send UNI toward .50.
Are Dips Supported In Uniswap?
If UNI price fails to climb above .95 or .00, it could start a downside correction. The first major support is near the .00 level.
The next major support is near the .60 level or the 50% Fib retracement level of the upward move from the .28 swing low to the .95 high. A downside break below the .60 support might open the doors for a push toward .20.
Technical Indicators
Hourly MACD – The MACD for UNI/USD is gaining momentum in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for UNI/USD is above the 50 level.
Major Support Levels – .00, .60, and .20.
Major Resistance Levels – .55, .00, and .20.
Bitcoin Price Pumps After Hitting Key Support While Green Bitcoin Presale Passes $7M
Bitcoin (BTC) has staged a sharp recovery rally after finding crucial support, providing relief for crypto bulls. The world’s largest cryptocurrency is back above ,000 at the time of writing, regaining ground after the recent selloff. Riding bullish sentiment of its own is the Green Bitcoin (GBTC) project, which has now raised over million […]
Bitcoin News
Dogecoin Price Pumps To $0.20, Can DOGE Bulls Send It To $0.25
Dogecoin is up over 100% against the US Dollar. DOGE rallied toward the .20 resistance and might continue to rise toward the .225 resistance.
- DOGE extended its rally above the .150 resistance against the US dollar.
- The price is trading above the .180 level and the 100 simple moving average (4 hours).
- There is a connecting bullish trend line forming with support at .1620 on the 4-hour chart of the DOGE/USD pair (data source from Kraken).
- The price could extend its rally above the .200 and .2120 resistance levels.
Dogecoin Price Surges Over 100%
In the past few sessions, Dogecoin price started a strong increase above the .10 resistance. DOGE cleared many hurdles near .1250 to enter a positive zone.
It even broke the .150 resistance and outperformed Bitcoin and Ethereum. It is up over 100% in a few sessions and traded close to the .20 resistance. A new multi-week high was formed near .992 and the price is now correcting gains.
The price is well above the 23.6% Fib retracement level of the recent rally from the .1250 swing low to the .1992 high. DOGE is also trading above the .180 level and the 100 simple moving average (4 hours).
There is also a connecting bullish trend line forming with support at .1620 on the 4-hour chart of the DOGE/USD pair. The trend line is near the 50% Fib retracement level of the recent rally from the .1250 swing low to the .1992 high.
Source: DOGEUSD on TradingView.com
On the upside, the price is facing resistance near the .1980 level. The next major resistance is near the .20 level. A close above the .20 resistance might send the price toward the .2250 resistance. The next major resistance is near .2320. Any more gains might send the price toward the .250 level.
Downside Correction in DOGE?
If DOGE’s price fails to gain pace above the .20 level, it could start a downside correction. Initial support on the downside is near the .182 level.
The next major support is near the .1620 level or the trend line. If there is a downside break below the .1620 support, the price could decline further. In the stated case, the price might decline toward the .1350 level.
Technical Indicators
4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone.
4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now in the overbought zone.
Major Support Levels – .1820, .1620 and .1350.
Major Resistance Levels – .1980, .20, and .2250.
Ethereum Price Rally Stalls As Bitcoin Pumps But Bulls Are Not Done Yet
Ethereum price climbed to a new multi-month high above ,200. ETH is consolidating while Bitcoin is gaining pace above the ,000 resistance.
- Ethereum extended its increase above the ,200 resistance zone.
- The price is trading above ,175 and the 100-hourly Simple Moving Average.
- There is a key bullish trend line forming with support at ,150 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could extend its increase toward ,320 or even ,450 in the near term.
Ethereum Price Underperforms Bitcoin
Ethereum price remained in a positive zone and extended its increase above the ,050 resistance. ETH climbed above the ,200 resistance, but upsides were contained after Bitcoin surged above ,000.
Ether even spiked above ,250. A new multi-week high is formed near ,274 and the price is now consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the ,041 swing low to the ,274 high.
There is also a key bullish trend line forming with support at ,150 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the upward move from the ,041 swing low to the ,274 high.
Ethereum is now trading above ,175 and the 100-hourly Simple Moving Average. Immediate resistance on the upside is near the ,250 level. The first major resistance is near the ,275 level. The next major resistance is near ,320, above which the price might gain bullish momentum.
Source: ETHUSD on TradingView.com
If there is a move above the ,400 resistance, Ether could even rally toward the ,450 resistance. Any more gains might call for a test of ,500.
Are Dips Limited In ETH?
If Ethereum fails to clear the ,250 resistance, it could start a downside correction. Initial support on the downside is near the ,200 level.
The first major support is near the ,150 zone and the trend line, below which Ether might test ,130. The next key support could be the ,100 zone. A clear move below the ,100 support might send the price toward ,050 or the 100-hourly Simple Moving Average. Any more losses might send the price toward the ,880 level.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – ,150
Major Resistance Level – ,250
DOT Price (Polkadot) Pumps 15% As Bulls Aim For Surge To $10
Polkadot (DOT) is gaining pace above the .50 resistance against the US Dollar. The price is up nearly 15% and might rise further toward .00.
- DOT is showing heavy bullish signs from the .65 support against the US Dollar.
- The price is trading above the .00 zone and the 100 simple moving average (4 hours).
- There was a break above a key bearish trend line with resistance near .80 on the 4-hour chart of the DOT/USD pair (data source from Kraken).
- The pair could continue to rally unless the bears are able to defend the .88 resistance zone.
Polkadot Price Restarts Rally
After a steady decline, DOT price found support near the .65 zone. A low was formed at .64 and Polkadot recently started a fresh increase. The price was able to clear the .85 and .00 resistance levels to move into a positive zone, like Bitcoin and Ethereum.
There was a break above a key bearish trend line with resistance near .80 on the 4-hour chart of the DOT/USD pair. The pair even surpassed the 50% Fib retracement level of the downward move from the .58 swing high to the .64 low.
DOT is now trading above the .00 zone and the 100 simple moving average (4 hours). Immediate resistance is near the .45 level. The next major resistance is near .88 or the 76.4% Fib retracement level of the downward move from the .58 swing high to the .64 low.
Source: DOTUSD on TradingView.com
A successful break above .88 could start another strong rally. In the stated case, the price could easily rally toward .50 in the near term. The next major resistance is seen near the .00 zone.
Are Dips Supported in DOT?
If DOT price fails to start a fresh increase above .45, it could start a fresh decline. The first key support is near the .80 level and the same trend line.
The next major support is near the .50 level, below which the price might decline to .00. Any more losses may perhaps open the doors for a move toward the .65 support zone.
Technical Indicators
4-Hours MACD – The MACD for DOT/USD is now gaining momentum in the bullish zone.
4-Hours RSI (Relative Strength Index) – The RSI for DOT/USD is now above the 50 level.
Major Support Levels – .80, .500 and .00.
Major Resistance Levels – .45, .88, and .50.
Ethereum Bulls Sight New High In 2024 As BTC Pumps Above $45K
Ethereum price is eyeing an upside break above the ,440 resistance. ETH could rally like Bitcoin if there is a close above the ,500 level.
- Ethereum is moving higher from the ,250 support level.
- The price is trading above ,350 and the 100-hourly Simple Moving Average.
- There was a break above a major bearish trend line with resistance near ,300 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could accelerate higher if there is a clear move above ,400 and ,440.
Ethereum Price Eyes Key Upside Break
Ethereum price found support near the ,250 level and recently started a fresh increase. ETH managed to recover after Bitcoin pumped above the ,400 resistance zone.
The price cleared the ,300 and ,320 resistance levels. There was also a break above a major bearish trend line with resistance near ,300 on the hourly chart of ETH/USD. The pair climbed above the 61.8% Fib retracement level of the downward move from the ,445 swing high to the ,258 low.
Bitcoin is now trading above ,350 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the ,400 level. It is close to the 76.4% Fib retracement level of the downward move from the ,445 swing high to the ,258 low.
Source: ETHUSD on TradingView.com
The first major resistance is now near ,445. A close above the ,445 resistance could send the price toward ,500. The next key resistance is near ,550. If the bulls remain in action and push ETH above ,550, there could be a drift toward ,620. The next resistance sits at ,650, above which Ethereum might rally and test the ,800 zone.
Another Decline in ETH?
If Ethereum fails to clear the ,400 resistance, it could start another decline. Initial support on the downside is near the ,350 level.
The first key support could be the ,320 zone. A downside break and a close below ,320 might start another major decline. In the stated case, Ether could test the ,250 support. Any more losses might send the price toward the ,120 level.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 level.
Major Support Level – ,320
Major Resistance Level – ,400
AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong
AVAX price rallied over 50% and traded above the level. Avalanche is now correcting gains, but the bulls might remain active near the support zone.
- AVAX price gained pace above the and levels against the US dollar.
- The price is trading above and the 100 simple moving average (4 hours).
- There is a key bullish trend line forming with support near .00 on the 4-hour chart of the AVAX/USD pair (data source from Kraken).
- The pair could continue to rise if it stays above the and support levels.
AVAX Price Corrects Lower
In the past few days, Avalanche’s AVAX saw a strong increase above the resistance zone. It gained over 50% and broke many hurdles near . It even cleared the level before the bears appeared.
A new multi-month high was formed near .06 before the price started a downside correction, like Bitcoin and Ethereum. There was a 15% drop and the price traded below the level. There was a move below the 23.6% Fib retracement level of the upward move from the .24 swing low to the .06 high.
AVAX price is still trading above and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near .00 on the 4-hour chart of the AVAX/USD.
Source: AVAXUSD on TradingView.com
On the upside, an immediate resistance is near the .00 zone. The next major resistance is forming near the .00 zone. If there is an upside break above the .00 and .00 levels, the price could surge over 10%. In the stated case, the price could rise steadily toward the level.
Dips Limited in Avalanche?
If AVAX price fails to continue higher above the .00 or .00 levels, it could continue to move down. Immediate support on the downside is near the trend line at .
The main support is near the .00 zone or the 50% Fib retracement level of the upward move from the .24 swing low to the .06 high. A downside break below the .00 level could open the doors for a major decline towards .80. The next major support is near the .50 level and the 100 simple moving average (4 hours)
Technical Indicators
4 hours MACD – The MACD for AVAX/USD is gaining momentum in the bearish zone.
4 hours RSI (Relative Strength Index) – The RSI for AVAX/USD is now below the 50 level.
Major Support Levels – .00 and .00.
Major Resistance Levels – .00, .00, and .00.
Bitcoin Cash Price Pumps Over 10% But $255 Is The Key To More Gains
Bitcoin Cash price rallied over 10% and broke the 5 resistance. BCH is now facing strong resistance near the 5 zone.
- Bitcoin cash price started a fresh surge above the 2 resistance.
- The price is trading above 5 and the 100 simple moving average (4 hours).
- There was a break above a key bearish trend line with resistance near 5 on the 4-hour chart of the BCH/USD pair (data feed from Kraken).
- The pair could continue to move up if it clears the 5 resistance zone.
Bitcoin Cash Price Rallies Above 0
After forming a base above the 0 level, Bitcoin Cash price started a steady increase. It broke the 5 resistance to enter a positive zone, like Bitcoin and Ethereum.
There was a break above a key bearish trend line with resistance near 5 on the 4-hour chart of the BCH/USD pair. There was a strong increase above the 2 and 5 resistance levels. The price is up over 10% and it is now testing the 5 resistance.
BCH is now showing positive signs above 5 and the 100 simple moving average (4 hours). It is also above the 23.6% Fib retracement level of the upward move from the 9 swing low to the 5 high.
Source: BCH/USD on TradingView.com
The price is now struggling to clear the 5 resistance. To continue higher, the price must settle above 5. The next major resistance is near 5, above which the price might accelerate higher toward the 0 level. Any further gains could lead the price toward the 0 resistance zone.
Fresh Drop in BCH?
If Bitcoin Cash price fails to clear the 5 resistance, it could start a fresh decline. Initial support on the downside is near the 5 level.
The next major support is near the 2 level or the 61.8% Fib retracement level of the upward move from the 9 swing low to the 5 high, where the bulls are likely to appear. If the price fails to stay above the 2 support, the price could test the 5 support. Any further losses could lead the price toward the 0 zone in the near term.
Technical indicators
4-hour MACD – The MACD for BCH/USD is gaining pace in the bullish zone.
4-hour RSI (Relative Strength Index) – The RSI is currently in the overbought zone.
Key Support Levels – 5 and 2.
Key Resistance Levels – 5 and 5.