Looks bullish on daily timefrime to brake resistance level !Looks bullish on daily timeframe to brake resistance level of 0.71580 !Longby Investstudent335
Ponke Surges 20% Following Major Listing: Is $1 the Next Stop?The cryptocurrency market is buzzing as Ponke ($PONKE), a Solana-based meme coin, experiences a remarkable 20% surge following its listing on Bithumb. This significant milestone has brought fresh attention to $PONKE, with traders now eyeing the $1 pivot as the token continues to gain traction. Bithumb Listing Fuels the Rally The listing of $PONKE, alongside Raydium ( NASDAQ:RAY ), on Bithumb's KRW market marks a pivotal moment for these Solana-based tokens. Announced on November 19, the addition of $PONKE and NASDAQ:RAY to one of South Korea's largest crypto exchanges underscores the growing adoption of Solana’s ecosystem. Key Listing Highlights - Increased Market Access: $PONKE’s listing expands its trading reach, attracting interest from South Korean investors. - Regulated Trading Entry: Bithumb imposed controlled transaction restrictions, limiting volatility during the initial phases of trading. - Rapid Trading Support: Deposits and withdrawals for $PONKE were enabled within three hours of the announcement, with full trading launched shortly after. This increased exposure has amplified $PONKE's market presence, driving its price upward as traders capitalize on the newfound liquidity. Technical Outlook: Ponke’s price action reveals a bullish trajectory, with key technical indicators aligning to support the potential move to $1 and beyond. As of writing, $PONKE is trading at $0.785, up 10.36% in the past 24 hours. The token has surged from a low of $0.68 to a high of $0.84, with trading volume reaching an impressive $115 million. Similarly, $PONKE has broken above the ceiling of its symmetrical triangle pattern, signaling strong upward momentum. The emergence of a golden cross pattern—a short-term moving average crossing above a long-term moving average—further supports the bullish outlook. With the Relative Strength Index (RSI) at 81, $PONKE is firmly in overbought territory. While this typically suggests caution, it also reflects intense buying interest. Key Levels to Watch: Immediate resistance lies at $1, a psychological and technical milestone. If $1 is breached, $PONKE could rally to $5, driven by increased open interest and strong Solana network fundamentals. Broader Market Context: Solana’s Growing Dominance The rise of $PONKE coincides with the broader success of the Solana blockchain, which has been making headlines for surpassing Ethereum in transaction fees. Solana’s high throughput and low costs have solidified its position as a go-to platform for decentralized applications and tokens like $PONKE. Impact of Exchange Listings Listings on major exchanges often provide significant boosts to crypto assets by increasing their accessibility and visibility. Historical examples, such as BAN’s 80% surge following its Binance Futures listing, highlight the transformative potential of such events. What’s Next for $PONKE? $PONKE’s surge following the Bithumb listing signals strong market interest, and the technical setup suggests further upside potential. While short-term caution is warranted due to overbought RSI levels, the token’s fundamentals and Solana’s growing ecosystem provide a solid foundation for continued growth. As $PONKE consolidates its position, its trajectory will depend on continued interest from traders, broader market sentiment, and Solana’s sustained dominance in the blockchain space. Longby DEXWireNews8
ponke to $8 beautifull consplidation we might form the right shoulder before breaking out to the upside time will tellLongby cryptobosmans1
PONKEUSDT: accumulation in LTF, Breakout in HTF!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse PONKEUSDT technically. PONKE has successfully breached the trendline and is now trading above it. Additionally, it has bounced off the upward-sloping support level. The price is currently being held by the 100-day and 200-day EMAs. PONKE has broken out of a pattern and is consolidating above a key support level. Key Levels: Support: $0.376 to $0.297 Resistance: $0.539 $0.682 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!Longby persis10tUpdated 2211
PONKE in a parallel channelPONKE is currently trending upward within a well-defined parallel channel. Based on lower time frame analysis, it appears to be undergoing a complex correction in the wave 4 micro-degree. A 3-3-5 corrective structure seems to be the most likely scenario for completing this phase. Upon completion of wave 4, the focus shifts to the development of wave 5 in the micro-degree, which is expected to continue within the bounds of the parallel channel.by chase_ID6
PONKE UP ???Good day, keeping an eye on the descending wedge breakout in BYBIT:PONKEUSDT !! Target : $0.85 USD I hope this is valuable to you! If you liked it, support me with a like! If you didn’t like it, I welcome criticisms or comments!Longby Crypto_girl028Updated 8
Ponke - 50 cent. Candy Shop Analysis of the volume structure hints that we still grow MEXC:PONKEUSDT BYBIT:BTCUSDT BYBIT:PONKEUSDT.P BITGET:PONKEUSDT Longby shakatrade1_618Updated 1122
PONKE Price Skyrockets 19% on Binance Support, What’s Next?The Solana-based memecoin, Ponke (PONKE), made headlines today after a significant 19% surge, spurred by Binance’s announcement of a USDⓈ-Margined PONKEUSDT Perpetual Contract. This development, however, comes with a nuanced backdrop of both technical and fundamental aspects that traders must consider. Major Catalyst: Binance Futures Listing On November 4, 2024, at 12:30 UTC, Binance will officially launch the PONKEUSDT perpetual contract, offering traders the opportunity to leverage positions up to 75x. With a tick size of 0.00001 and a capped funding rate of ±2.00%, this move has the potential to drive significant trading volume and increased market activity. The contract will support Binance's Multi-Assets Mode, allowing users to use BTC as collateral, thereby providing additional flexibility for high-stakes margin trading. The flexibility offered by Binance could elevate PONKE's market visibility and strengthen its appeal to both retail and institutional investors. The announcement sparked an immediate rally in PONKE's price, highlighting how impactful such listings can be. However, as markets often demonstrate, short-term exuberance is not always sustained. As of now, PONKE is down 8.51%, and it appears that the bullish sentiment has cooled off. Current Technical Analysis: Bearish Signals Emerge Following the brief 19% price surge, PONKE has entered a bearish trend, as indicated by the bearish harami candlestick formation—a pattern that usually signifies a potential reversal. Trading at $0.39, PONKE is showing clear signs of weakening. The Relative Strength Index (RSI) stands at 41, indicating fading momentum and hinting at an approach towards oversold territory. If the market continues to lose confidence, a test of the critical support level at $0.39 seems likely. Failure to hold above this support could accelerate the decline, with downside risk extending to its 1-month low of $0.26. The broader market sentiment also plays a crucial role here. Should Bitcoin (BTC) struggle to break through the significant $70K resistance, PONKE may face further bearish pressure. Leveraging the Solana Ecosystem On the fundamental side, $PONKE benefits immensely from being built on the Solana blockchain, known for its high-speed, low-cost transactions. This technology is a key selling point for PONKE, as it appeals to online traders and gaming enthusiasts who require seamless and efficient transaction processes. Moreover, the #ponkyarmy community has grown into a force to be reckoned with, engaging in governance roles and actively promoting the token across social media. This vibrant community support is crucial for the token’s sustainability and long-term appeal. The unique tokenomics of PONKE, characterized by deflationary mechanisms and strategic liquidity injections, add another layer of attraction. However, despite these advantages, the token remains vulnerable to broader market trends and sentiment, especially in a landscape where major assets like BTC heavily influence altcoin performance. Conclusion The recent 19% rally demonstrates the impact of Binance’s support on PONKE, but caution is warranted. The coin’s bearish technical indicators suggest a possible test of lower levels, especially if the market fails to regain momentum. Traders should keep an eye on BTC’s performance, as a strong move from the leading cryptocurrency could uplift sentiment across the market, benefiting altcoins like PONKE. On the other hand, a failure to break critical resistance levels could accelerate PONKE’s decline. As always, the interplay between technical signals and fundamental developments will determine the coin's trajectory. Shortby DEXWireNews6
PONKE Breakout Imminent? Key Levels to Watch!Yello, Paradisers! Could #PONKE be gearing up for a powerful breakout, or is there more consolidation ahead? Let's break it down. 💎#PONKEUSDT has just broken out of a 70-session consolidation range and is now trading within an extended falling wedge pattern, signaling that the ongoing pause could soon come to an end. 💎Bulls might soon regain control, especially if we see a clean breakout above the wedge resistance. If this happens, we can expect an initial price surge towards the 0.456 level, followed by a climb to the 0.505 to 0.539 range. This is where heavy resistance lies, and it's likely to slow down any further upward momentum, as profit-taking could kick in around these levels. 💎On the downside, PONKE is holding firm at the strong support between 0.382 to 0.368, which has served as a key consolidation zone. This range is about to receive additional support from the dynamic EMA-50, making it increasingly difficult for sellers to push the price any lower. Even if there are minor dips, the next significant support zone is at 0.330 to 0.322, which should provide a solid floor. Stay sharp, Paradisers! The potential for a big move is here, but as always, patience and discipline are crucial. MyCryptoParadise iFeel the success🌴 Longby MyCryptoParadise_JackUpdated 14
PONKE — Gearing Up For The Next Pump?Ponke (PONKE) might be gearing up for its next move after a period of consolidation following its massive pump in early October. Here’s what to watch as the token forms a symmetrical triangle—potentially setting the stage for a bullish breakout. Let's dive into all details! ▸ About + Tokenomics - Token Name: Ponke - Symbol: PONKE - CoinMarketCap Rank: 229 - Market Cap: 224M - Volume 24h: 11M - Total Supply: 555M - Circulating Supply: 555M ▸ Chart Analysis PONKE experienced a massive pump during the memecoin hype at the beginning of October. At that time, the token’s price increased by more than 50%. The price was rejected at the 0.44 resistance. Afterward, the token entered a consolidation phase and has been forming a symetrical triangle with decreasing volume since then. The pattern is generally considered as a neutral consolidation pattern. However, based on the current sentiment a bullish breakout seems likely. ▸ Technical Indicators - MACD: Bearish 🔴 - RSI: Neutral 🟢 - VMA: Neutral 🔵 - Triple EMA: Price trades between EMAs 🔵 - ADX: 21, indicating no trend 🔴 ▸ Trade Setup - Entry: Wait for a breakout of the pattern to the top driven by a strong volume increase. To be on the safe sid, you can also wait for a break of the 0.44 resistance. - Profit Target 1: $0.5 (~13% based on the resistance) - Profit Target 2: $0.55 (~25% based on the resistance) - Stop Loss: Depending on the entry, slightly below the upper triangle trendline or resistance.Longby ben_walther6
Strategic Investment Opportunity in PonkeI am opening a new position on Ponke now that it's nearing the lower end of the red support line. By methodically predicting the new targets, we see a good opportunity for substantial returns. Currently, you have an excellent buying opportunity for Ponke, given that the price is at its expected lowest. Please note that while the targets are set on the following line, the highlighted circles represent estimated times along the trend, not specific predictions. BTC is also predicted to start rising next weekend, from August 8 to August 11. If that happens, we can expect rapid gains for Ponke.Longby martinxi5u4Updated 6610
PONKE is preparing to booming?PONKE which is a solana based meme coin... The technical part listed on Mexc is quite elegant and is near to get over the barrier around 0.15$ price level. Volumes are increasing and i see that those are sustaining the growth of the price gradually. A VCP pattern is forming from the inception... The price is heading over the 1$ target and above if everything will be aligned when it will break, if that happen. We are very proud of you PONKE :-) Good trading Longby EdoardoTelveUpdated 4427
$PONKE - A QUALITY SETUP LONG POSITION So, $PONKE just broke out of its ATH, and we are ready for a new price discovery. As seen on July 16th, Ponke broke through the ATH level resistance. We then reversed to the 0 Fibonacci level to retest the previous ATH as the new resistance level. This previous resistance level has now flipped to support, and this price level should present a great opportunity to add a long position. Given that this is a memecoin, a wide stop loss level is advisable; mine is set at 0.328. Ponke is a new memecoin that is predicted to be listed on major exchanges such as Coinbase, Binance, and KuCoin. There is much evidence to suggest that Ponke will soon skyrocket in price. This highly volatile coin will undoubtedly be an exciting project to follow. Ponke currently has a small market cap of 337M. My gut feeling is that this coin will surely reach a 1B market cap, and possibly even 10B or more.Longby martinxi5u4Updated 116
PONKE bullish bounce areaPONKE bounce area. GREAT place at volume profiler. Retest of HTF trend flip. 4H FVG wick. 4H hit RSI 30. Fib 0.618. NOW WE WAIT PUMP.Longby satyras1
PONKE is hiding something interesting...PONK Update We entered at $0.45 and are currently up around 60%. I see this meme coin reaching a market cap of approximately $1 billion. However, the journey will be volatile with significant fluctuations. The price range of $0.80 to $1.00 will likely act as a resistance level, as PONKE would have a market cap of around $500 million at that point. Many other meme coins also have similar market caps at this level. You can take out your seed money around $0.80. Beyond that, the extended targets are $1.40 and $2.00. Hold your position for now.Longby GoldenTrades_7
Fair value gap to be filled?In the previous downward channel, which was already broken, there is a bullish head and shoulders formation. We can also see that there is a fair value gap at the 0.50 - 0.55 level. An oversold RSI may appear when we reach that level which will back the bullish scenario. Memecoins are highly correlated to Bitcoin, and now that Bitcoin has been on a two-week long upward rally, a correction might be happening soon. Not to mention, although Germany has finished selling their Bitcoin, uncertainties surrounding the Mt. Gox payouts still loom. Could it be the catalyst for a retracement? A Bitcoin correction will pull Ponke back to a good entry level. Ponke has a very strong community, most prominently their Instagram page which has over 350k followers and garners millions of reel views. At current prices they stand around 300M market cap which in my opinion is highly undervalued given their popularity. If we get a good entry around the 0.5 mark, I will be targeting 1.8, which is around 1B market cap.Longby gunhy2
PONKEUSDT: Quick trade setup#PONKEUSDT looks good in daily TF whereas also broke out of ascending triangle in shorter TF. ENTRY- 0.66466- 0.64929 TARGET 1- 0.72241 TARGET 2- 0.76673 TARGET 3- 0.80453 SL- Close inside the triangle Happy trading!!by persis10tUpdated 113
PONKEUSDT: POTENTIAL MEME TOKEN BREAKOUTPONKEUSDT is a new potential meme token that is winning the battle in terms of gains. PONKEUSDT broke above the ascending triangle again to hit its new ATH. Its current market cap is bursting. Entry:- $0.50152- $0.46967 Target 1:- 0.64088 Target 2:- 0.90729 Target 3:- 1.16126 SL:- 4Hr close inside the triangle. Happy trading!! #DYOR #PONKEUSDTLongby persis10t225
PONKE PriceOn daily charts, a bullish flag pattern was observed and the token could trigger a breakout soon. Once it crosses the hurdle of $0.500, an up move can be seen ahead. Longby TheCoinRepublic3
PONKE Next Blue Chip Meme Coin PONKE is setting up to become the next big meme coin from the Solana ecosystem that will enter the TOP 100 cryptos in the next few months and from all the top Meme coins has the most potential for highest gains in my opinion. Some key points to note Solana ETF just got announced adding value to Solana and the entire ecosystem, especially it's top tokens in which PONKE happens to be one of the top meme coins on Solana Crypto.com listing adds even more legitimacy to PONKE, greater liquidity and easy access to US investors to buy with USD. Crypto.com listing also paves the way for other tier 1 exchange listings (e.g Binance and Coinbase) leaving lots of room for growth even at these prices. Marketing with MEME tokens is one of the most important factors and PONKE marketing has been top notch and been one of the only tokens to breach past traditional Web3 marketing and excel across traditional Web2. Reals across Instagram and TikTok have generated millions of views and almost every meme coin now has or is attempting to copy PONKE marketing strategy in some way. PONKE marketing has also not shown a decline rather and increase these last few months while also expanding (e.g marketing to the EURO cup). Resistance Points I see 3 key resistance points as outlined in the graph. First key resistance point would be the green line at around $0.56 cents (PONKE previous ATH) I see this resistance as being the lightest and could see PONKE break past this any day. I potentially see a reverse head and shoulder forming at this range in which we could see it take slightly longer to break past this range while some people get shaken out. This largely depends on how the current market/BTC moves. Second key resistance would be $1.30-1.50ish range which would depend how fast we break the first key resistance point. This would be the around 600MIL-750MIL range right before entering top 100 crypto tokens at which point I expect decent amount of profit taking to happen at this range for a few reasons (Traditional TA, any sort of potential FUD, securing profits/initals, traders getting shaken out, etc...) Third key resistance would be around $3.80-$4 range (although this area could be alot harder to predict as I would expect this to be a parabolic move and we could see much higher depending on circumstance) At this point I would expect Binance listing to have happened and potentially even Coinbase listing along with breaking into the top 100 crypto tokens. This price also alines with WIF current MC but as stated earlier could see potentially higher (e.g hitting Pepe current MC would give us about $9 price point, although I think this would require alot of stars to aline for this to happen in one runup) Final Thoughts I'm a big fan of PONKE and hold a decent amount, I look at it as the PEPE of the Solana ecosystem. This was just a quick writeup and didn't really go through any potential bear cases in detail, although I tried to be realistic in my analysis, I am probably biased and also at the end of the day I'm just a crypto degen and nothing is guaranteed. When dealing with meme tokens should be more careful and only play with what your willing to loose. Longby Wojak_Capital7
#Ponke Ignited: Don't Miss Out on This Buy Trade!**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions. 2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action. 3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis. 4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns. 5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses. 6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions. **Disclaimer for Crypto Trading:** Trading cryptocurrencies carries inherent risks, and it's important to understand the following: Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses. Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky. Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices. This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets. By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.Longby MoonTradingForecast7
Bull Flag - $2,50 price target ready to get filled.There is something boiling in the background with Ponke. The team is cooking non stop and the community keeps growing everyday. I’ll give you the top 5, and I keep the rest for an upcoming tweet. 1 — THEIR CONTENT IS INSANELY GOOD. There’s no other meme that even comes close. They started a trend that now everybody is copying, but $PONKE will always be the OG of it. 2 — THEIR SOCIAL MEDIA PRESENCE IS INSANE. At the time of writing: < 50k on chain holders < 337k followers on Instagram < 103k followers on TikTok < 120k followers on X < 24k on Telegram < Newly launched meme coins → TOO RISKY < Legacy meme coins — DOGE , SHIB , PEPE ) → ALREADY TOO BIG $PONKE, for me, is the perfect combo. It has a market cap that is small enough to deliver a potential great ROI, but it is already established. I expect this beast to perform extremely well when Altseason comes and things start to heat up. Till then — I’ll hold & chillby Cryptopapaa9
PONKE from 2.50 to 0.180 discount. No brainer, SEED!Another meme coin to watchout. This went parabolic on its listing day going from 2.50 to being trimmed down heavily to 0.1800 levels. Now from the current data metrics, this is gradually shifting again with longs slowly piling up again. Buyers are taking advantage of the discounted bargain levels and the 'light' MCAP numbers. This may give some multiple x price growth prospect. Returning to 2.50 will be the first interim target. If you know how PEPE has behaved in the past you already know the possibilities of this one. The current range is an ideal seeding opportunity. The ticket is cheaper now. Spotted at 0.180. Again this is a meme coin, so be mindful. Volatility will always be a factor and sometimes the ETA of an expected move don't come sooner. But if you can wait, while you let your seed take it's time to sprout and grow - it will be worth it in the end. Not a lot of people know this one yet -- but once this coin picks up, It will be too late, just like BONKS/PEPE's before the 20x era. Buying a cheap ticket won't you hurt that much. :) TAYOR. Longby JSALUpdated 6613