Bitcoin is considered the first digital currency in the field of cryptocurrencies, both in terms of the date of its emergence and its value. Its value recently exceeded the hundred thousand dollar mark, which is a record compared to what it achieved in previous years, only to drop afterwards to below eighty thousand, which created a massive decline in the market due to the fear of new traders who are afraid of any value correction. This correction was followed by a sharp collapse in the cryptocurrency market. However, the market has begun to recover and return to its normal state, as a small wave of increase is starting to appear on the horizon. Will this be the beginning of a strong movement in the currency market and a significant rebound of currencies above a hundred thousand, or will it continue to decline, with the red color persisting and the market bleeding, crushing new traders?
Bitcoin is the first currency that appeared in the field of cryptocurrencies and it recently broke the barrier of one hundred thousand dollars, only to rebound back down to below eighty thousand dollars. However, it has started to move again. Will it return to achieve a rebound to its previous levels, or will it continue to decline? According to the daily chart, the upward movement has started and the market is transitioning to rise. However, the market's instability keeps the field open for several possibilities. In your opinion, will it continue to rise or will it head further down?
$ADA After the statements of the American president, this currency has not achieved any significant breakthrough. Do you think it will return to a value of one dollar in the coming days, or will that take time?
$BNB currency for long-term and medium-term storage, in addition to the profit that its holders can achieve, this currency grants you a number of free coins when stored.
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#memecoinššš Current price: around 0.0043 General trend: Down, as we notice a continuous decline since the peak of 0.01869. Exponential Moving Averages (EMA): EMA(7) = 0.00463 (close to current price) EMA(25) = 0.00630 (above current price) EMA(99) = 0.00983 (too far from current price) This indicates a continuation of the downtrend, as the price is still below these averages.
Do you think that the conversion from FTM to Sonic will be positive for users or will it have a negative impact on the market? Share your opinion with us.