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Showing posts with the label support level

Bitcoin Price Crash To $100,00 Loading: Next Targets Revealed As Bears Take Over

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Solana Poised For Upside Move After A Bounce From $168 – See Why

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Cardano Price Prediction: Analyst Says $0.8 Might Not Come Again If This Wedge Breaks Out

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Cardano Indicator Flashes Buy Signal On 4-Hour Chart – Rebound Ahead?

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Pepe Price Drops 6% After New All-Time High As Investors FOMO Buy Pepe Unchained Before Its Tier-1 Listings

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The Pepe price dropped over 6% in the last 24 hours to trade at $0.00002115 as of 11:20 p.m. EST as investors decrease their exposure to the frog-themed meme coin . This drop in the PEPE price comes after the crypto set a new all-time high of $0.00002524 recently. Since establishing this new peak a day ago, the meme coin’s price has undergone a 16% correction. Pepe Price Approaches A Key Support 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price is nearing the support level at $0.00001932 after being rejected by the $0.00002409 resistance in the last 24 hours. If the meme coin breaks below this technical safety net in the coming 24 hours, it could stand the risk of falling even more in the short term. Sellers might then continue exerting pressure on PEPE to  potentially push it down to $0.00001503. However, the Pepe price maintaining a position above $0.00001932 for the rest of today’s trading session might invalidate the bearish thesis. In this al...

Bitcoin: Analyst Predicts BTC Could Drop To $40,600

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The cryptocurrency market is undergoing another dip, with Bitcoin (BTC) falling below $57,000. The global crypto market cap, on the other hand, has fallen by 4.6% in the last 24 hours to $2.08 trillion. September has historically been a bearish month for the crypto sector. The trend seems to be intact this year as well. Also Read: Can Dogecoin (DOGE) Rise To $1 in 2024? Current Market Trends and Predictions Source: CoinGecko BTC’s Recent Performance BTC is currently down 3.8% in the daily charts, 4.3% in the weekly charts, and 4.5% in the 14-day charts. However, the largest crypto by market cap has maintained gains in the monthly chart, rallying 7.4% in the last 30 days. Why Is The Crypto Market Dipping? The latest market dip is surprising. The Federal Reserve recently announced an interest rate cut in September. Rate cuts usually lead to riskier investments from market participants. September is also usually a bearish month for Bitcoin and the crypto market and may have led to investo...