SLERF Meme Coin potentials to 1B MCSLERF gained a substantial community in no time. MEME coins per se do tend to make ridiculous moves. Remains to be seen if it can make its way to the 1B MC club. These are the lines to keep an eye on.
Memecoin
Markets React to Rate Cut News
ETF outflows and government movement of crypto assets push price of BTC down: As we have seen in recent weeks, the price of BTC declined alongside increasing ETF outflows, as Cathie Wood’s ARK 21Shares Bitcoin (BTC) ETF experienced its first outflows, dropping from above $70K to a low of $64.5K on Tuesday. Further headwinds included the movement of 30,175 BTC by the U.S. government, sparking concerns over whether the assets would be sold or held in custody.
Equity and crypto markets impacted negatively by May rate cut doubts: U.S. equities and crypto markets dropped this week as the market ruled out a rate cut coming in May, with the expectation that the June meeting will deliver the first rate cut of the year rising to 62.3%. US manufacturing expanded in March, and the personal consumer expenditures price index accelerated in February from the previous month, suggesting the economy is continuing to grow while progress on inflation has stalled.
Altcoins and memecoins decline in response to BTC drop: Altcoins saw a heavy pullback in the wake of BTC shifting downward. AI-related tokens in particular saw some of the largest declines, while memecoins also experienced a slight correction following their strong run up in the past couple of weeks.
SBF sentenced to 25 years on seven counts of fraud and conspiracy: Sam Bankman-Fried (SBF), the founder and former CEO of the collapsed crypto exchange FTX, was sentenced to 25 years in prison last week for seven different fraud and conspiracy charges. The FTX exchange was once valued at FWB:32B at the height of the previous bull market before collapsing as it was discovered that over SEED_TVCODER77_ETHBTCDATA:8B of customer funds had been stolen.
🥩 Topic of the Week: What is Staking?
👉 Read more here
#BOME/USDT 1h (ByBit) Falling wedge near breakoutBook Of Meme is regaining 20EMA support and seems ready for short-term recovery.
⚡️⚡️ #BOME/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.4X)
Amount: 5.1%
Current Price:
0.011289
Entry Targets:
1) 0.010976
Take-Profit Targets:
1) 0.017089
Stop Targets:
1) 0.007912
Published By: @Zblaba
ECONOMICS:BOME BYBIT:BOMEUSDT.P #BookOfMemE #Meme #SPL
Risk/Reward= 1:2.0
Expected Profit= +78.0%
Possible Loss= -39.1%
Estimated Gaintime= 2 days
Ethereum Long term LOG ChannelLooks like nice and legit channel on ETH.
We want to see a second test of the lower band around 2500 USD.
If this holds we should see slower growth to upper boundary with volume break around 4.5 k to start parabolic run to the upper band of the channel.
Frog or Still Dog----WIFMeme coins are the main topic of March. Various animals appear on different chains and create a frenzy. With the strong performance of the Solana ecosystem, WIF surpassed PEPE last week and reached the third place in the market cap ranking of meme coins.
In this process we discovered a very interesting pattern. When new meme coins appear and quickly accumulate value, it is easier to affect the old ones. For example, PEPE appeared in May 2023 and rose rapidly. During the same period, the prices of DOGE and SHIB both fell by 25%. In mid-March 24, when WIF continued to refresh ATH, PEPE, SHIB, and DOGE were all affected.
This is explained. Because many meme coins are not supported by actual business. When no funds enter the market, the size of this pancake is fixed, and new coins will divide the share of old ones. After DOGE and SHIB have developed basic businesses, we don't think WIF will threaten these two, but for the frog, the dog in the hat may suppress it for a long time.
For meme coins, price changes are not supported by fundamentals, which is more beneficial for our indicators. This is why you can see from the indicator area that the TSB indicator almost captures the main profit when WIF is widely spread, calmly identifying the starting point of the rise. And the TSB indicator allows you to take long profits at the high point of the rebound (red vertical line), or prompts a long signal (green vertical line) before the rise breaks through the high point to amplify profits
Whether it's a frog, a cat or a dog next, the TSB indicator will take them all.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ORDI BREAKOUT ALERTORDI is trying to breakout and is currently trading around upper band of symmetric triangle, targets are 78, 84 & 96.
MEME has the potential to break above the resistanceMEME has the potential to break above the resistance and continue the trend
🔵Entry Zone 0.037531 - 0.039768
🔴SL 0.033451
🟢TP1 0.047080
🟢TP2 0.058800
🟢TP3 0.077000
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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AVAX Kimbo Meme coin could of bottom out from hereLooking at the charts and volumes it done it's 3rd leg wave down in volumes (OBV chart at the bottom) and $0.0003992 US price could of been the next bottom for these waves. If so, Kimbo poised to be big for AVAX meme coin
The OBV volumes showing less selling presure now and good chance in the days ahead great buying pressure
Some of the fundamentals:
Avalanche Foundation Snaps Up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment
www.coindesk.com
I when to dexscreener to evaluate what moving fast for meme coins - dexscreener.com - Clicked on LIQUIDTY and when sort by descending order, Kimbo is number 2 spot. The number 1 spot doesn't have much value but Kimbo has long term potential for big gains
Their website is IMPRESSIVE!! So much community work on this meme coin A++ www.kimboavax.com
This the big one - they actually "burning" the "token supply" so Kimbo becomes more scarce. What think going to happen with the prices when reduce the token supply? Prices go up and up and faster!
If scroll down the bottom of the page for Kimbo website you see "Kimbo Merchandise" - These meme coins have VALUE! and can buy NFTs for it too
Fundamentals is good, AVAX team buying into this meme coin for exchange liquidity. Most likly be listed on KuCoin and then Binance. This has pretty good volumes too and I like the charts for this great opportunity
On twitter they going to expose this project to the masses on Facebook, Instragram i believe very soon. It has 18,000 twitter followers and can go pass the 50 to 100,000 followers
twitter.com
This poised to be the next Shib Inu, Dodge meme coin where billon and billon of dollars flood through this project
Do you like Kimbo, do you think it has so much potential?
ROOST - sell off done - longKeep it simple...
Don't fade hyped meme coin - Roost (meme on base chain) sell of is done.
I think Roost will go back to all time high quite quickly ( about 3x - price 0.14 Uniswap).
We could eventually see some reaccumulation before it's shut up again.
Track the trendline and lather in in higher low on 1h time frame, is my strategy.
SHIBA INU LONG SETUPSHIB broke the resistance trendline previous week, and is currently trading above the upper band of triangle, so more bullish wave could be expected once BTC does well.
BONK BREAKOUT AND RETEST, BULLISH!BONK broke & retest the resistance trendline, and we expect the price to move up.
Buy when the price goes above 0.00027 level.
ORCA - The Best Scenario? Hi, this is my new update for ORCA. In the last 3-4 months Orca has fallen over 60%. Now it seems like that we are reaching the bottom. Right now we are in a descending triangle pattern on both the chart and the RSI.
We have a major support level around $3.30-3.60 and at the same time we have the 200D SMA (Red line). I expect if these levels holds then we are going to break the blue trendline and we are ready to takeoff. You can find the next stop for Orca after the breaking the trendline on full chart, it's around $10.50-13.50.
Things will get very ugly if the support level $3.30-3.60 breaks, the next support will be around $2.50.
bonk SHORT Bonk bounced down off the descending trendline and the resistance level. A decline to the support level at 0.00002$ is expected to happen.
Potential reversal in sight - x100 Potential MEME CoinAs a price action trader im still waiting for confirmation and/or liquidity sweep however overall
chart looks great with a tons of confluence for a POTENTIAL reversal 😉
We are still bullish on a daily. Yesterday printed a doji candle in high confluence area - daily and 4-hours order block responsible for the last breakout .
We are playing around 200 SMA on 4H and strong volume support area and we are definitely in discount area considering the last leg up.
I would like to see a change of character on 30 min - 1 H and /or a liquidity sweep before calling a trade entry cause we are still in a downtrend until proved otherwise.
ON fundamental side of things - the team is very active and doing everything to bring this coin to BONK market cap.
Keep an eye on this x100 gem is all i am saying 🤑🥸
Slerf cup and handle patternSignificant growth is expected due to the high potential of this meme coin and the list of intensity in major exchanges, don't be afraid and hold
DOGE IS READY TO FLY AS APRIL IS ARRIVING!The price of DOGE is about to break the upper trendline of the symmetrical triangle, our highest target for short term is near 0.25
🔥 BONK: Huge Cup & Handle For Massive Profits!In this analysis I want to take a closer look at BONK's cup and handle pattern and the potential massive trade we can make based on it. I'm aware that the handle is not perfect because of the wick, but I still deem the pattern valid enough for a trade.
The 2000 area seems to be holding on two separate occasions now, which makes me believe we can use it as a decently strong area of support.
Target at 10.000 based on the idea that the pattern will break out and make new highs in the future.
Combined, we can create a huge signal with a RR of over 25.
Avalanche's Memecoin Rush Sparks Debate Amidst $1M InjectionThe recent announcement of the Avalanche Foundation's Memecoin Rush initiative, injecting $1 million into the ecosystem to catalyze community coin adoption, has ignited both excitement and skepticism within the cryptocurrency community.
While the initiative aims to incentivize trading and liquidity provision for selected community tokens such as Kimbo ($KIMBO), Gecko Inu ( LSE:GEC ), Coq Inu ($COQ), TECH, and NOCHILL, some critics argue that it could exacerbate speculation and volatility in the market.
The decision to kick off Memecoin Rush with prominent platforms like SteakHut and Trader Joe has raised eyebrows, with questions emerging about the criteria used to select participating tokens. Concerns linger over the potential for manipulation and pump-and-dump schemes, especially considering the recent proliferation of meme coins in the crypto space.
Furthermore, the Avalanche Foundation's acquisition spree of community coins, fueled by a portion of its $100 million NFT incubator fund, has drawn scrutiny. While positive social sentiment, significant holders, liquidity, and project maturity were cited as criteria for token selection, some observers remain skeptical about the Foundation's motives and the long-term sustainability of meme coin projects.
Eric Kang, BD Manager at Ava Labs, emphasized the importance of meme coins in the web3 space, describing them as a cornerstone of cultural expression within crypto communities. However, skeptics argue that meme coins often lack intrinsic value and may contribute to market instability, raising concerns about investor protection and regulatory scrutiny.
As Memecoin Rush unfolds, it will be crucial to monitor its impact on the Avalanche ecosystem and broader cryptocurrency markets. While the initiative aims to foster broader support and adoption for Avalanche-native tokens, critics caution against the potential risks associated with meme coin speculation and the need for responsible governance measures to ensure market integrity and investor confidence.
Floki Unveils Plans for Digital Banking & Debit CardFloki Coin ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has unveiled ambitious plans to evolve from a meme coin to a comprehensive cryptocurrency financial solutions provider. With the release of its groundbreaking roadmap, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) is set to disrupt the crypto landscape by introducing digital banking accounts, debit cards, and a revolutionary crypto education platform, marking a pivotal moment in its journey.
Digital Banking Reinvented:
Floki's roadmap outlines its vision for digital banking accounts that can be seamlessly topped up with FLOKI tokens. These accounts will enable transactions in major currencies like dollars, euros, and sterling, ushering in a new era of financial inclusivity and accessibility. By integrating with global payment systems such as SWIFT and SEPA IBANs, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) aims to empower users with unparalleled flexibility in money transfers and transactions.
Debit Cards for the Digital Age:
Central to Floki's expansion plans is the introduction of debit cards, poised to revolutionize the way users interact with cryptocurrencies. Through strategic partnerships with leading payment networks like Visa and Mastercard, facilitated by a Swiss company under FINMA oversight, Floki's debit cards promise seamless integration into mainstream financial systems. This move not only enhances usability but also solidifies Floki's position as a formidable player in the fintech space.
Empowering Education with the University of Floki:
In a nod to the importance of education in driving crypto adoption, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) announces the launch of the University of Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ), a pioneering crypto education platform. Offering asynchronous courses on various cryptocurrency topics, initially free of charge, the University of Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) aims to demystify the crypto ecosystem and empower users with knowledge. This initiative underscores Floki's commitment to fostering a community of informed and engaged crypto enthusiasts.
Revolutionizing Trading with Exclusive Tools:
Phase two of Floki's roadmap introduces exclusive trading tools, including a proprietary trading bot and Floki-powered bank accounts. Integrated with popular platforms like Telegram and Discord, the trading bot enables users to trade cryptocurrencies across leading blockchains using FLOKI ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) tokens. Notably, half of the fees generated by the trading bot will be allocated to purchasing and burning SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, driving scarcity and enhancing their value.
Riding the Wave of Success:
Floki's strategic initiatives come at a time of unprecedented growth, with the meme coin witnessing a staggering 600% rally in the current bull market. This meteoric rise underscores the growing demand for innovative crypto solutions and positions Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) as a frontrunner in shaping the future of finance.
🐶Floki Inu(FLOKI)🐶 is Ready to Fall at least 🚨➖30%🚨🏃♂️ Floki Inu(FLOKI) is moving near 🟡 Potential Reversal Zone(PRZ)($0.00035-$0.00030) 🟡and All-Time High(ATH) .
🌊According to the theory of Elliott waves , it seems that Floki Inu(FLOKI) has completed the main wave 3 , and we should wait for corrective waves .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
⚖️ Floki Inu(FLOKI) seems to be completing similar moves , so moves 1 and 3 are almost identical in terms of percentage increase , and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.👇
🔔 Based on the description above, I expect Floki Inu(FLOKI) to drop at least ➖ 30%.
❗️⚠️Note⚠️❗️: Analysis will change if Floki Inu(FLOKI) can break 🟡 Potential Reversal Zone(PRZ)($0.00035-$0.00030) 🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Solana Meme Coin Sensation BOME Enters a Bearish CycleIn the latest hour-by-hour analysis of BINANCE:BOMEUSDT , investors have observed a series of fluctuations that paint a nuanced picture of the current market dynamics. The closing prices for the pair have shown a downtrend. This movement suggests a cooling off from initial highs, pushing the crypto into a more volatile phase.
The technical indicators further elucidate this narrative. The 9 Exponential Moving Average (EMA) and the 20 EMA, key indicators for short-term momentum, have both shown a decrease over the last five hours, indicating a bearish trend. The convergence of the 9 and 20 EMAs below the recent closing prices signals a weakening momentum and could suggest a bearish outlook in the near term.
The Moving Average Convergence Divergence (MACD), a tool used to identify potential reversals in market direction, presents a mixed perspective. Initially, the MACD values were close to the signal line, indicating a potential for either direction. However, the histogram, which measures the distance between the MACD and its signal line, has moved from positive to increasingly negative territory, underlining the growing bearish sentiment in the market.
The Relative Strength Index (RSI), hovered around the midline, with recent values dipping slightly below the neutral 50 mark, which could signal a growing bearish momentum or a potential for a reversal if the market finds support.
Key Levels to Watch
Speaking of support and resistance levels, BOME is currently navigating between critical junctures. The immediate resistance level at $0.012181 could serve as a barrier to upward movement, with further resistance seen at $0.012432 and a more substantial challenge at $0.013081. On the downside, the support level at $0.008991 marks a crucial point that could halt further declines and possibly serve as a springboard for a bullish reversal if the price action finds footing there.
For traders eyeing entry and exit points, the current setup suggests waiting for a clearer signal. For bullish traders, a break above the immediate resistance at $0.012181 could open up opportunities towards higher levels, while maintaining stop losses just below the $0.011572 support level might offer a protective cushion. Conversely, bearish traders might consider entries on a confirmed break below the support level at $0.008991, targeting potential drops, with stop losses placed just above the $0.012181 resistance to mitigate risks.
