Chain Thinker
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8.4 Months
Deep diving into blockchain, DeFi & Web3. Sharing smart insights, trends & crypto analysis. #ChainThinker.
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🐶💥 $DOGE Faces Sharp Liquidation Spike Amid Market Shifts
Dogecoin recently dipped from $0.232 to $0.2266, triggering a significant 200% liquidation imbalance. This sudden move wiped out over $123,000 in long positions, showing how volatile the current market environment is. As DOGE trades between $0.2200 and $0.2300, traders are closely watching the $0.2255 level. A breakout above this could signal a push toward the $0.27 resistance. Market participants should remain cautious and observe these key zones for short-term trading setups.
Stay informed and manage risk wisely during uncertain phases like these.
#DOGE
Dogecoin recently dipped from $0.232 to $0.2266, triggering a significant 200% liquidation imbalance. This sudden move wiped out over $123,000 in long positions, showing how volatile the current market environment is. As DOGE trades between $0.2200 and $0.2300, traders are closely watching the $0.2255 level. A breakout above this could signal a push toward the $0.27 resistance. Market participants should remain cautious and observe these key zones for short-term trading setups.
Stay informed and manage risk wisely during uncertain phases like these.
#DOGE
Ethereum Targets $4,000: Key Indicators Suggest Continued Uptrend
Ethereum has demonstrated a robust 40% gain on the weekly chart, signaling strong bullish momentum. Technical indicators support the potential for ETH to reach the $4,000 mark within the next 4 to 6 weeks.
RSI Breakout: The Relative Strength Index has broken out on the weekly timeframe, indicating increased buying pressure.
MACD Bullish Crossover: The Moving Average Convergence Divergence shows a bullish crossover, suggesting upward momentum.
200-Week Moving Average: ETH's price has broken above the 200-week moving average, a critical resistance level now turned support.
Stochastic RSI: This indicator reflects bullish momentum, further supporting the upward trend.
External factors also play a role. Bitcoin BTC updating its all-time high could positively influence ETH's price. Additionally, the continuous growth of the M2 money supply may drive more investors toward cryptocurrencies as a hedge against inflation.
Investors should monitor these indicators and market conditions closely, as they collectively point toward a potential continuation of Ethereum's upward trajectory.
#ETH #Ethereum
Ethereum has demonstrated a robust 40% gain on the weekly chart, signaling strong bullish momentum. Technical indicators support the potential for ETH to reach the $4,000 mark within the next 4 to 6 weeks.
RSI Breakout: The Relative Strength Index has broken out on the weekly timeframe, indicating increased buying pressure.
MACD Bullish Crossover: The Moving Average Convergence Divergence shows a bullish crossover, suggesting upward momentum.
200-Week Moving Average: ETH's price has broken above the 200-week moving average, a critical resistance level now turned support.
Stochastic RSI: This indicator reflects bullish momentum, further supporting the upward trend.
External factors also play a role. Bitcoin BTC updating its all-time high could positively influence ETH's price. Additionally, the continuous growth of the M2 money supply may drive more investors toward cryptocurrencies as a hedge against inflation.
Investors should monitor these indicators and market conditions closely, as they collectively point toward a potential continuation of Ethereum's upward trajectory.
#ETH #Ethereum
🚀 $HBAR Eyes $0.57 Amid Stablecoin Surge
Hedera's stablecoin market cap just hit $91M, signaling increased network activity. With HBAR trading around $0.19, could this momentum push it towards the $0.57 resistance? Technical indicators show mixed signals—bullish DMI and neutral RSI, but a declining ADX suggests caution. 📊
#HBAR #Hedera
Hedera's stablecoin market cap just hit $91M, signaling increased network activity. With HBAR trading around $0.19, could this momentum push it towards the $0.57 resistance? Technical indicators show mixed signals—bullish DMI and neutral RSI, but a declining ADX suggests caution. 📊
#HBAR #Hedera
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