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Cryptocurrency News Articles
Solana (SOL) Ecosystem Projects Records Impressive Growth, Will January-Like Price Surge Repeat in Q4?
Sep 29, 2024 at 07:30 am
As the Bitcoin price reclaims the $66,000 mark during the early Asian trading hours, the crypto market continues gaining momentum.
Crypto Market Overview: Key Highlights
As the Bitcoin price maintains its rally above the crucial resistance level of $66,000, the crypto market is observing a gainful momentum. Following this, several altcoins have showcased significant price movements.
Charting the Top Gainers
The top gainers list includes memecoins like Dogwifhat (WIF), MAGA (TRUMP), and Bonk (BONK) that have outperformed the top altcoin in the past 24 hours. Notably, these memecoins have grabbed the attention of the crypto space with their impressive gains.
Dogwifhat (WIF) Price Analysis
Despite recording a drop of 3.48% in the past 24 hours, the Dogwifhat price has jumped ~32% over the past week and 44.81% during the past month. Furthermore, with a YTD return of +1,425%, it has secured the 44th position with a market cap of $2.32 billion.
Relative Strength Index (RSI) continues hovering above the overbought range in the 1D time frame. Further, with its average trendline displaying a bullish action, this memecoin indicates a positive outlook in the coming time.
Maintaining the price above its support level of $2.10 could result in it heading toward its upper resistance level of $3.050 during the upcoming weeks. However, in case of a bearish reversal, the WIF price could retest its lower support level of $1.240.
MAGA (TRUMP) Price Analysis
Since its inception, the MAGA price has been highly volatile. This Donald Trump-themed memecoin has dropped ~19% in the past day with a trading volume of $5.40 million. However, it has rewarded its long-term investors with a return of 32,890%.
Moving Average Convergence Divergence (MACD) displays a rising green histogram in the MAGA price chart. With its averages showing a bullish action, the TRUMP coin suggests a positive outlook for it in the coming time.
Suppose, the bulls regain momentum, in that case, the Trump price will breach its resistance level and head toward its upper resistance level of $6 during the upcoming weeks. On the flip side, if the bears regain momentum, the price could retest its crucial low of $1.50.
Bonk (BONK) Price Analysis
The BONK price continues to outpower the top altcoin by adding 5.68% in the past 24 hours and 32.08% over the past week. Moreover, it has surged 29.26% during the past month and has a YTD return of ~100%.
Simple Moving Average (SMA) supports the Bonk price chart in the 1D time frame. Moreover, the RSI indicator has breached the overbought range. This indicates that the Bonk coin price will continue to gain value in the coming time.
If the market continues trading under a bullish sentiment, the Bonk memecoin could prepare to test its upper resistance level of $0.00003390 during the upcoming weeks. Conversely, a bearish action could pull the price toward its low of $0.00001500.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Bitcoin Eyes $70K as Stablecoins Flood the Market
- Sep 29, 2024 at 11:25 am
- For months, Bitcoin seemed locked in a stagnant trend, with its wild price swings tamed and skeptics once again questioning its long-term viability.
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- Dogecoin (DOGE) Rallies 10% in 24 Hours, Aims for New Highs Before Year-End
- Sep 29, 2024 at 10:25 am
- In the past 24 hours, Dogecoin displayed roughly a 10% price action. On Saturday, it went from a $0.1206 low to a $0.132 high before settling with a 3% gain
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- The Paralyzing Perfectionism of Martha Stewart
- Sep 29, 2024 at 10:20 am
- In an interview with Oprah Winfrey in 2000, Martha Stewart described herself as a “maniacal perfectionist.” You remember Martha Stewart, right? A woman whose career has spanned six decades. A woman who turned a Connecticut-based catering business into a billion-dollar corporation. Someone who has cultivated publicity-provoking friendships with a wide cast of famous characters: Donald Trump, Justin Bieber, Snoop Dogg. And most recently, a woman who, now in her eighties, appeared as the cover girl for the Sports Illustrated Swimsuit Issue 2023.
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- Minnesota Gov. Tim Walz (D) and Sen. JD Vance (R-Ohio) to Go Head-to-Head in First Vice Presidential Debate Tuesday
- Sep 29, 2024 at 10:15 am
- The two running mates have never locked horns before in a debate format, but they have continuously traded jabs on the campaign trail.
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- Ruto, Gachagua Fight for Political Survival as Raila Emerges Lifeline and Liability
- Sep 29, 2024 at 10:15 am
- They are on different sides of the coin but their situation is much the same. Both President William Ruto and Deputy President Rigathi Gachagua find themselves fighting for their political survival.
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- BlockDAG Unleashed: Testnet Triumph Signals Big Wins in Crypto's Future
- Sep 29, 2024 at 10:15 am
- BlockDAG's Testnet has only been active for a brief period, but it has already demonstrated the platform's robust capabilities.
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- ETFSwap (ETFS): A Promising Alternative For Ripple (XRP) Investors
- Sep 29, 2024 at 10:15 am
- Ripple (XRP) has been a popular choice among cryptocurrency investors, but recent analysis highlights concerns. Experts warn that its volatility and regulatory uncertainties pose risks, prompting investors to reconsider their positions and look alternative options like ETFSwap (ETFS), with greater stability and growth potential.
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- ETFSwap (ETFS) Emerges As Investors' Top Choice For Supremacy
- Sep 29, 2024 at 10:15 am
- Dogecoin and Shiba Inu investors think the market is going to shift its perspective on ETFs. These investors believe ETFSwap (ETFS) would spur this transition by tokenizing ETFs and increasing demand and have invested $4 million in its presale rounds.
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- Shiba Inu (SHIB) Price Prediction: Can SHIB Continue to Explode?
- Sep 29, 2024 at 10:15 am
- Shiba Inu has enjoyed an explosive rally this week, fueled by a growing bullish sentiment in the crypto market. But can SHIB continue to explode in the months ahead?