PEPE HIGHPEPE, a meme coin, derives its value from its close association with viral online culture and the popularity of memes. The coin's potential rise to $20 depends on various factors such as community support, overall market sentiment, real-world utility, and regulatory considerations. It's important to note that meme coins often defy traditional technical patterns due to their speculative nature.
Based on the assessment of GPT-4, it is unlikely that PEPE will reach $20 in the short term, as such an event could take a decade or even longer. In my quest to explore the future of meme coins, I found myself intrigued by ChatGPT, an impressive entity based on the GPT-4 architecture developed by OpenAI.
While delving into the future prospects of PEPE, the burning question emerges: "Will PEPE ever reach $20?"
However, it's crucial to acknowledge that despite the allure of meme coins, they come with inherent risks. The volatility associated with meme coins like PEPE can work in both ways, potentially leading to substantial gains or significant losses.
Dollars
GBP rebounded strongly, beware of traps!GBP/USD
GBP/USD continued its technical correction rebound in the short period and climbed above 1.190.However, from the daily line, although GBP/USD has rebounded significantly, it is not enough to change the daily short trend, indicating that the overall trend of GBP/USD at a large level is still weak.In the 4-hour chart, the short-term sustained rebound caused the market to get rid of the weak downward channel and return to the previous level of the channel. Although it still belongs to the downward channel as a whole, the short-term weak market has been technically improved.
At present, there has been a decline in the rebound market, which proves that the upward momentum is gradually being consumed, but as long as it can be maintained at the position above 0.190, it is possible to challenge the position above 0.196. If 0.190 cannot be supported, the pair may fall again and touch the boundary position of the descending channel line.
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
DXY Rejection at the resistance trendlineUS Dollars TVC:DXY is back at the resistance trendline, after some momentum move in the past few days. I expect a rejection at this level which would bring the price down.
However if price breaks through the resistance and closes above the trendline, i will conclude that the downtrend season is over and price will continue rally to the upside.
But my bias is a short if price is rejected at this zone
Reasons why Bitcoin shot up above $21k.The value of bitcoin has changed since the start of 2022 and now stands at fresh lows.
The market value of BTC has just grown as it surpassed $21.8K.
Washington's concentration on cryptocurrencies is one factor that has contributed to the advancement.
The price of bitcoin dropped to new lows in November and December 2022 as a result of increased vulnerability. The continuous lows, both long-term and short-term, worried investors. Its value was constant in the last week of December, although there had been no discernible rise.
The most recent changes show that Bitcoin's value has increased since crossing $21,000 and is probably going to rise even further. Here is a quick overview of recent Bitcoin developments and the elements that have led to its current rise. Because of the current trend, it is time to buy Bitcoin once more. For a week, the trend has been good, and now is the perfect time for investors to capitalize on it. It is conceivable that Bitcoin's price will retest its all-time high, which might be a sign of good things to come. The preferred course of action for interested investors is to go on a spending binge. The value of Bitcoin has persevered through numerous setbacks, and the current trend may mark the end of the crypto winter.
An improvement in client security may create a beneficial climate for investors. When big brands crumbled and there was no way to stop it, investors felt in the dark. When a result, anxieties grew as the global market cap value fell below the $1 trillion threshold. There is a possibility that its worth will increase further if the market continues favourable.
How To Prepare For Rising PricesA blog article discussing how inflation is impacting family budgets, what it means for household budgets in the US, and some basic strategies people can use to help manage by RobinhoodFX
Robinhoodfx.
Intro
In recent months, we've seen inflationary pressures building in the U.S. economy. Prices for key commodities like crude oil and agricultural products are rising, and wages are starting to creep up as well. All of this points to one thing: higher prices for consumers in the months ahead.
How can you prepare for rising prices? Here are a few tips:
Know where your money is going. Track your spending for a month or two so you have a good understanding of where your money goes each month. This will help you identify areas where you can cut back if necessary.
Make a budget and stick to it. Once you know where your money is going, it's time to create a budget that ensures you're spending wisely. Be realistic in your assumptions about inflation and make sure your budget can withstand a bit of financial volatility.
Invest in yourself. Inflation erodes the value of assets like cash and bonds, so it's important to invest in assets that hold their value or even increase in value over time. One great way to do this is to invest in yourself through education or job training that will make you more valuable in the workforce.
Stay disciplined with your spending. When prices start rising, it's tempting to spend more freely since "everything is going up." But if you want to stay ahead of inflation, it's important to keep your spending under control and focus on essential purchases only
What is Inflation?
Inflation is the rate of increase in the price of goods and services over time. It is measured as the percentage change in the consumer price index (CPI) or producer price index (PPI).
Inflation can be caused by a variety of factors, including excess money supply, government spending, and global factors such as commodity prices.
Excess money supply is when there is more money in circulation than there are goods and services to purchase. This can happen when the Federal Reserve prints more money or banks lend out more money than they have on deposit.
Government spending can also cause inflation if it exceeds tax revenue. When the government spends more than it takes in through taxes, it has to print more money to cover the deficit. This increases the money supply and can lead to inflation.
Global factors such as commodity prices can also affect inflation. For example, if the price of oil rises, this will likely lead to higher prices for gas and other products that use oil as an input.
How Do Inflation Rates Affect Prices?
Inflation rates can have a significant effect on prices, particularly over the long term. When inflation is high, prices tend to rise, and when inflation is low, prices tend to fall. In general, higher inflation rates mean that consumers will pay more for goods and services, while lower inflation rates mean that they will pay less.
How Does Inflation Affect Prices?
Inflation is the rate at which the prices of goods and services in an economy increase over time. The main drivers of inflation are changes in the demand for goods and services, and changes in the supply of money. When there is more money chasing after fewer goods and services, prices go up. The opposite happens when there is less money chasing after more goods and services; prices go down.
What Does This Mean for Consumers?
For consumers, inflation can have both positive and negative effects. On the one hand, rising prices can erode the purchasing power of their incomes, making it difficult to afford basic necessities or maintain their standard of living. On the other hand, inflation can be beneficial if it leads to higher wages and salaries; as long as wages grow at a faster rate than prices, consumers will be better off.
What Does This Mean for Investors?
Investors need to be aware of how changes in inflation might affect their portfolios. For example, investments in Treasury bonds become less attractive when inflation is high because the fixed payments on these bonds lose value relative to other investments that offer higher
Rising Costs: Why are They Happening Now?
There are a number of factors that are causing prices to rise in the United States. The most significant factor is the increasing cost of labor. Wages have been rising steadily for the past few years, and this is putting pressure on businesses to raise prices in order to cover their increased costs.
Other factors that are contributing to rising prices include the increasing cost of raw materials, such as oil and gas, as well as transportation costs. These costs are being passed on to consumers in the form of higher prices for goods and services.
inflation is also playing a role in driving up prices. The Federal Reserve has been keeping interest rates low in an effort to stimulate economic growth, but this has led to higher inflationary pressures. As prices start to increase, Americans will have less purchasing power and will be forced to cut back on spending.
The rising costs of health care are also putting upward pressure on prices. The Affordable Care Act has led to increased demand for health care services, which has driven up prices. In addition, the aging population is requiring more medical care, which is also contributing to higher costs.
All of these factors are leading to rising prices across the economy. American consumers will need to brace themselves for higher prices for goods and services in the months and years ahead.
How Everyday Consumers Can Best Prepare for the Potential Impact
There are a few things that everyday consumers can do to best prepare for the potential impact of rising prices in the U.S. First, it’s important to be aware of what’s happening in the economy and how it might affect your finances. Second, make sure you have an emergency fund in place in case prices go up unexpectedly or you lose your job. Third, consider ways to cut costs so you can save money. Finally, invest in yourself and your career so you’re prepared for any changes that might come.
The Ramifications of Higher Unemployment and Lower Employment Rates
Unemployment and lower employment rates have a number of ramifications. Perhaps the most obvious is that fewer people are employed and earning an income. This can lead to less spending, which can in turn lead to less economic activity and slower growth. Additionally, when people are unemployed or underemployed, they may have difficulty meeting their basic needs, which can lead to increased stress and anxiety levels. This can also result in social problems such as crime. Additionally, unemployment can have a ripple effect on businesses, as they may have to lay off workers or cut back on hours/wages. Lastly, high unemployment rates can lead to political instability.
Solutions to Fighting Inflation
Inflation is a major concern for Americans and it is on the rise. Luckily, there are steps that you can take to prepare for rising prices and protect your finances.
One of the best ways to fight inflation is to invest in assets that will hold their value or appreciate over time. This includes investing in stocks, real estate, and precious metals. These investments will increase in value as the cost of living goes up, giving you a buffer against inflation.
Another solution to fighting inflation is to create a budget and stick to it. This will help you keep track of your spending and make sure that you are not overspending on items that are likely to increase in price. Additionally, saving money each month will give you a cushion to fall back on if prices do start to rise rapidly.
There are many other solutions to fighting inflation, but these are two of the most effective. If you are concerned about rising prices, take action now and start preparing for the future.
Conclusion
If you're worried about rising prices in the United States, there are a few things you can do to prepare. First, start by evaluating your spending and see where you can cut back. Then, make sure you have an emergency fund in place so that unexpected expenses don't throw off your budget. Finally, keep an eye on inflation rates and invest in assets that will hold their value over time. By following these steps, you can protect yourself from rising prices and maintain your financial stability.
GBPUSD Short positionConsidering the range formed a lot of liquidity in upper zone, institutions are trying to hit SLs from retailers. When the zone breaks, the price will likely go back down to follow the trend. The SL considers possible drawdown to make sure it does not get hit with a ratio of 1 to 2.5
EURUSD upcoming move we have 2 possibilities and have to be patience and once t reach the point only we'll take the trade for the sell entry, it has to retrace till my point, and once it touches and sustains below this then we'll take sell entry and like same for the buy trade we have to wait for the point and wait for the retracement till our point and take a by entry.
0807 NFP P2 Dollars Index will make a new high up to 108Hello traders,
Dollars index is showing strong will to breakout to make a new high today.
Will need to wait for NY sessions and orders from THEN to push price higher.
All price actions now are support with EMAS.
Dont try to rush sell.
GOOD LUCK ON BUYING DOLLARS INDER AND CHECK SELLING PLAN ON EURUSD .
LESS IS MORE!
2505 Dollars finish correction and rise up againHello traders,
DOLLARS seems finishing a five-wave downward swing by reaching the 4H support zone.
It is breaking through all those EMAS and possible to rise up again from the support zone to the target zone.
At the same time, EURUSD looks so bearish at the same time.
Good luck !
LESS IS MORE!
U.S. Dollar Index Future ( DX1! ), H1Potential for Bearish Drop
Type : Bearish Continuation
Resistance : 102.670
Pivot: 102.475
Support : 101.690
Preferred Case: With price expected to reverse off the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 101.690 in line with the swing low from our pivot at 102.475 in line with the horizontal overlap resistance and 50% Fibonacci retracement .
Alternative scenario: Alternatively, price may break pivot structure and head for 1st resistance at 102.670 in line with the overlap resistance and 61.8% Fibonacci retracement .
Fundamentals: With the two 50-bps hikes in the US fed fund rate primarily priced in, profit-taking is likely to ensue on the greenback, especially on pairs where the central banks just shifted towards policy normalisation, such as the RBA and ECB. With that, we currently have a mixed to weak bearish bias.
Now Like I Was Saying Total Moon Bro! Ya, like any other so much news impels me to say fill in the blank...
The world could straight up end and somehow people would insist it's good for price and how now the world will see just how valuable said coin is... (Snore)
Maybe it is just me but even if you were right it might be worth surviving to know if you are correct in your thesis. I can't or really won't get into the details of comments I have read/heard this week however; never hurts to consider true value outside of price. You know like food, shelter, security and above all breathing.
Look I don't know everything but I know this I will take a haircut if it means family's safety. I will take hyperinflation before I gave up my life but I will defiantly choose to live in peace to have another day to assess risk and say "no thank you" to a maxis of any kind telling me why my money should help prove their case. Some argument that exploits something serious doesn't have greater value than my life, my families or my freedom.
So with that said "cha-ching" ya'll enjoy your digital raffle tickets I am frying larger fish. 💲🐟
Oh and why Bybit? Not a reason at all just wanted to look at a different chart that was clean and someone that apparently has a bigger noggin than me thinks is the great place to trade. Ok, having tried to see things their way I am still set in my ways.
No Advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK Protect Your Neck!
🙏 FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK!""
I am The CoinSLayer 👨💻😈
GbpUsd Analysis for 07-02-2022This is an analysis of GbpUsd for the coming week. Technically, Gbpusd has been in an overall downtrend printing lower highs and lower highs on the charts. recently, the price made a lower high from a demand area as shown on the chart approaching a resistance level as the BOE increased interests rates from the fundamental stand point. Irrespective of the rates increase, the figures reported was as expected, although, there are whispers that the BOE may still increase rates before the end of 2022 . However, the bull run was brought to a halt as the NFP reports from the US was released. the reports indicates a stronger USD hence signifying bearish opportunities for GbpUsd . Sentimentally...
Let's go take some risks, let's go make some money.
S&P500 Forecast 2022 We are now at the top of the cycle that has completed, from here price should make a correction back to the previous monthly support levels. This is a natural market cycle that is inevitable as of right now in my opinion. I expect price to trend down for the first half of 2022 & may have a bounce in the zone once we near 2800 on the S&P. All indices will tank along, I am keeping and eye on Gold for a bullish hedge but reality is that it could fall out along with every thing else. Play your cards right, this is a waiting game & these are the type of moves where you can extract most of your profit in a relatively short period of time. Trade safe, enjoy.
DXY Long-Term MAX PointsConsidering that the FED is increasing its interest rate increase discourse day by day, we can think that the trend will be upwards.
What I want to tell in this graph is how much the reflection of this to DXY can be at the maximum.
Based on these assumptions, I find the 102.50 and 110 maximum levels to be significant.
I will be happy if you like and follow
Undoubtedly Dollar Index Remains In A "Killer" Mode But...Having found its double bottom in April, DXY has been on its bullish trend. Last week, the index a new 1-year high, however, between 50% - 70.7% fib level may be critical for a pullback
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
The Economist magazine Cover Analysis - Dollar - BTC - GoldThe Economist magazine is always very good at predicting the future. This poster belongs to them. Today, I wanted to analyze what we weren't told. I suggest you read the article about this photo in the magazine.
The Economist Article Click
The analysis will look a bit similar a coffee fortune, but please try reading it without laughing:)
Let's first start with the rabbit ;
Rabbit means luck in many beliefs.
I guess there's no who doesn't know about Easter.
Time clock on The rabbit hand. At the end of time, there is an image as if he will have something or what he expects will come true.
Rabbit eggs were also associated with taxation in ancient times.
Given the details about the money I will explain in the rest of the article, it is possible to think of a tax increase.
The rabbit also symbolizes the resurrection. When we think about the economic problems in post-coronavirus countries, we can interpret this as the end of disease and the revival of the economy.
Easter is important in March and April. If this picture really means anything, we might think the economy will pick up in March and April. Bitcoin's first rise was also in March.
Time: 10: 10 or 22: 10 or 11: 10-23: 10
10/10/2021 or 22/10/2021 I think you have to be careful on those dates.
Because in these pictures, there are no extras drawn unnecessarily.
There's a cat in the picture below. They have excited eyes. I think this cat's a little greedy. In other words, I believe that the greed index will increase for many commodities in the coming days.
I recently did stocks, gold, crypto currency analysis. These commodities said something in common. While I was doing this, the diffusion and simulation analyses pointed to the second week of October.
Taking the cat's view as greed, I think there will be a significant recovery in the economy in October.
Here's our greedy cat
Now let's look at the commodities step by step.
This our normal currency.
It looked worried and scared. At the same time, I see a libra symbol in the symmetry of its eyes. Maybe I'm wrong.
But if it really is the a pair of scales, the stock market will panic while trying to control balance losses due to greed. The countries ' central banks will try to take measures to address this economic imbalance. That's why I mentioned at the beginning of the article that rabbit eggs symbolize tax.
When we look at other currencies;
BTC is out of balance and about to go upside-down.
The Dollar is trying to prevent something, but I guess it can't.
Stocks run downhill
The banks left themselves directly from top to bottom.
Ethereum was the first to jump into the pit.
The reason Ethereum jumped into the hole could be that it lost market control over altcoins.
Another reason is;
As is well known, many tokens are traded on the ethereum network. But it seems that this requirement will disappear for the nft. DUE TO THE HIGH COST OF ETHEREUM GAS FEES, THERE HAVE BEEN ALTERNATIVE SEARCHES.
Alternative networks such as TRX and BSC, which are much cheaper in cost, have begun to be produced. Manufacturers Who Do Not Want To Lose Their Income In Nft Will Turn To These Alternative Models.
Moreover, some NFT producers are required to hold other currencies such as Matic BNB and use their networks.
Given all this, if it does not develop a new solution for itself, it will be the currency that loses its value the most.
Given the terms of BTC; many investors are actually uneasy about BTC controlling the market.
But no force has been created to security that control. The interventions of stock markets, governments and investors could not stand in the way of BTC's strength.
But see by the nftt, it looks like it could stop the force. Currently BTC has no role in NFT trading. If nft becomes the new digital trading model, BTC will stand alone and lose value.
Some big investors of BTC, which we call whales, dominate the market. If they face this risk, they will want to drain all their stock.
This will result in the death of BTC, which the states have failed to achieve. If we think of BTC as a human being, he is nothing but a spoiled old man who must die in my eyes.
BTC , It's a toy in the hands of some big investors acting on their own ambitions. These investors do not understand that their greed brings their own demise.
That's why alternative models have been produced for years.
New coins, especially Ethereum, have been produced. Exchanges invented their own currency against BTC to minimise manipulation. Example Bnb Busd etc.
In particular, this year, the exchanges have begun to manipulate the exchanges themselves, in order to take their losses from btc fluctuations.
They tried to make their lost profits on the BTC by blowing up long order and short order.
Because within 30 minutes, goods don't go up by 20% and lose 30% back in value. It's a greedy move that covets the small investor's money.
There can be no such manipulation in the NFt.
There's a product in the market . The owner is known and the price is known.
No one can change the price until the end of the ad period.
Owner might refuse to sell, but have nothing wrong with doing so. You don't have to trade in BTC or dollars. There will be many currency models.
Most importantly, big investors will not be able to manipulate the NFT market too much.
All the power will be with investors. Few people will be able to decide what happens. Countries will see it as digital art and use it as a weapon against BTC. They will give full support to the NFT.
That's why we see that BTC has upside-down and is going to fall.
We will experience digital transformation for primitive ages. So I can explain it this way;
in the past, we used to buy flour by giving wheat and you used to make a living by selling the wheat you bought to someone else.
That's exactly what the NFT will do. For example, you will get Matic. The holder investor will win.
You will get MATIC NFT, the NFT manufacturer will win.
You sell the NFT you bought, you make a profit.
I should also note that; the robot software will be minimal. Because art appreciation here is work done with human emotions. Big investors will certainly find a new manipulation model with their own algorithms to sell the collections they produce at a more high price. But it doesn't concern us. Because its price no longer affects our money.
If we look at the stock market; they will also be negatively affected. Because to trade a stock, you have to follow a lot of things. Company balance sheets, commercial agreements, public offerings.
There are only two things to follow in the NFT;
1) Your feelings
2) The amount of your money and your purchasing power.
We talked about the fear and prevention efforts of the dollar.
As we know, the dollar is the dominant force in many currencies.
Dollars has the power to turn the country's economy upside down in one day. This is because it disrupts the balance of imports and exports and the socioeconomic structure of dollar-dependent countries is low.
People suffer from crazy hours and low salaries for fear of being unemployed and making a living. But with the proliferation of NFT, just like youtubers, anyone with a computer and the Internet will be able to make money.
The world's economic comfort will grow. Maybe Countries might find solutions to increasing refugee problems in this way. Therefore, the dollar's voice will decrease in countries with increasing economic development. So we see the dollar's expression of panic.
So why are banks jumping down the hill?
There is a new ecosystem to be created. New digital and economic tools. Banks need to track and integrate all these systems. They might even need to integrate into the blockchain network.
Besides, stocks, investment accounts and loans are the banks ' main income. The spread of the digital money culture with NFT will lead to new investors in crypto money.
No-cost and more profitable deposit accounts, more interest, investment opportunities and your money gaining value at all times.
No risk of fraud and bankruptcy,
Quick transfers and easy money-making.
If banks cannot operate like cryptocurrency exchanges, in the future the word bank will be among the unknown words.
There's magic mushrooms in the picture.
As you know, these mushrooms are used both as a drug and as a hallucinogen. It causes more hallucinations than drunkenness.
I interpret it two ways.
1-Since it will be easier for young people to access money, drug addiction may increase.
2-When people get rich financially, they live in fear of disappearing because they don't understand how it happened suddenly. Just like a hallucination.
Can everything be so beautiful?
Of course not!
The crypto money industry's biggest problem is the energy problem. Improvement and development efforts for this problem are still ongoing. However, environmental problems will increase in direct proportion to the increase in the use of digital systems in the future.
If digital transformations can't adapt to energy use and reduce energy costs, it will become a problem that people can't give up but can't find a solution to.
I think the trees cut in the picture express that as well.
Now this picture;
Everything can't be perfect. Due to the nature of blockchain technology, it does not seem possible to be exposed to hacking attacks at the moment.
Also, it is not possible to break the SHA512+sha256 encryption it uses with current technology. It is not possible to drill standard contracts such as solidity and erc20, which have a part-to-whole and a whole-to-part control structure.
But in this image, we see a snake with an crypto walking towards the nft object.
Not everyone can write cryptocurrency software. But anyone can produce nft. With Nft, easy access to blockchain networks and the proliferation of digital wallets will lead to major hacker attacks in the future. Because for the first time, everyone will have easy access to the blockchain network.
If they can find a loophole by creating an algorithm, an entire network could collapse. In this way, institutions and investors integrated into the attacked network lose everything. It leaves almost irreparable damage.
That must be exactly why this snake is trying to dig a hole in this nft. It goes down the rabbit hole and serves other purposes.
I won't comment on our daughter Alice in the photo. We will find out together in the future what it is.
Note: This is not investment advice.