Antasz

DO YOUR OWN RESEARCH BEFORE INVESTING…THIS IS NOT A FINANCIAL ADVICE…!!!
Over the past two weeks, Pepe (PEPE) surged nearly 100%, drawing renewed attention from traders hoping to ride the hype. But that excitement might be cooling off. The price is now hovering around $0.00001360 after failing to break through strong resistance near $0.00001535.
According to Ali Charts, one of the most reliable indicators for Pepe might be flashing a warning signal.
TD Sequential Indicator Turns Bearish on Pepe
Popular crypto analyst @ali_charts shared a chart showing the TD Sequential indicator on Pepe’s daily chart. This tool has historically been very accurate in predicting Pepe’s short-term moves. And now, it’s flashing a sell signal.

The chart reveals a red “9” candle at the top of the recent rally: the same signal that preceded two earlier pullbacks. Ali pointed this out in his post on X:
“The TD Sequential has been spot-on with $PEPE daily chart. And it’s now flashing a sell signal, suggesting a potential pullback ahead.”
What makes this more interesting is how precise the indicator has been so far. In late April, it flagged a “9” just before Pepe dropped. Then it marked a green “1” at the bottom of that drop, right before the coin exploded upward again. Now, with another red “9” showing, many traders are taking this as a sign to be cautious.
Technical Indicators Confirm Bearish Momentum for $PEPE
Beyond the TD Sequential, data from Investing.com also backs up the bearish outlook. Multiple technical indicators are flashing sell signals on the daily chart. Let’s break down what each one is telling us:
RSI (Relative Strength Index) 14: At 42.902, this suggests a sell. RSI measures whether a coin is overbought or oversold. Below 50 usually points to weakening momentum.Stochastic Oscillator (STOCH 9,6): Reading 39.783, also a sell. This indicator highlights potential trend reversals and currently leans bearish.MACD (Moving Average Convergence Divergence 12,26): Neutral at the moment, meaning there’s no strong signal either way. But it doesn’t counter the other bearish signs.Ultimate Oscillator: At 46.743, this is another sell. It blends multiple timeframes to give a broader view of buying pressure, which seems to be fading.ROC (Rate of Change): With a value of -3.94, this also points to a sell. ROC tracks the speed of price movement and a negative number means momentum is slipping.
So, overall, most of these tools are lining up with the TD Sequential, hinting that Pepe’s recent run might be out of breath.
What’s Next for Pepe Price?
If the pullback continues, the next major support level to watch is around $0.00001077. That would be close to a 20% drop from current prices. It’s a level where buyers previously showed interest, so it could be a potential bounce zone if the selloff deepens.

That doesn’t mean $PEPE is finished. Memecoins are known for their volatility and surprises. But right now, the technical side is clearly signaling caution.
As always, it’s not just about hype, understanding the charts and indicators can make all the difference. And for Pepe, the message at the moment is clear: a cooldown might be just around the corner...
THIS IS NOT A FINANCIAL ADVICE…
DO YOUR OWN RESEARCH BEFORE INVESTING…

DO YOUR OWN RESEARCH BEFORE INVESTING IN THE CRYPTO MARKET.. Whales unstaked $50M in SOL but continue holding over $1.4B, showing long-term commitment to Solana.Meme coins on Solana more than doubled market cap, adding $9B in ecosystem value in just over a month.ETF filings from major firms raise expectations of multi-billion-dollar inflows pending SEC approval.

Solana (SOL) traded around $177 on May 12, marking its highest level since early March. The move follows notable whale activity involving over $50 million worth of unstaked tokens. On-chain data shows FTX/Alameda removed 187,625 SOL, valued at $32.24 million, from staking but still holds approximately 5.2 million SOL, valued at $913.5 million.
Another large wallet, dormant until recently, unstaked 103,040 SOL worth $17.7 million. Despite this, it continues to hold 3.36 million SOL, totaling $584 million. These adjustments suggest short-term repositioning while indicating sustained long-term confidence in Solana’s value.

Meme Coin Rally Doubles Ecosystem Value
The rise of meme coins has significantly impacted Solana’s valuation. Projects such as Bonk, dogwifhat, Popcat, and Peanut the Squirrel have driven the Solana meme coin market cap from $6 billion in April to $15 billion as of May 12, based on Coingecko data.
https://twitter.com/OnchainLens/status/1921739079194198212
This spike in speculative trading has contributed to the broader momentum behind SOL’s price action, reflecting increased retail participation and liquidity inflows across the ecosystem.
Investor sentiment has been further lifted by the anticipation of spot Solana exchange-traded funds. Leading asset managers including VanEck, 21Shares, Bitwise, and Grayscale have submitted filings currently under SEC review.
Market analysts forecast over $6 billion in potential inflows during the first year if approvals include staking features. The pending decisions remain a key factor influencing upcoming Solana price behavior.
Technical Indicators Signal Continued Strength
Technical analysis supports the current upward trend. SOL is testing the $177.33 level, aligned with the 2.618 Fibonacci extension. Additional resistance targets include $191.06 and $199.54, based on higher Fibonacci levels.
The RSI stands at 63.36, indicating bullish momentum with room to extend. The MACD remains positive, with its blue line above the signal line and green histogram bars showing continued buying interest.Support levels are observed around $163.60 and $156.21. These levels provide a cushion if the asset sees short-term corrections in the coming sessions.

DO YOUR OWN RESEARCH BEFORE INVESTING
“NOT A FINANCIAL ADVICE”
Melania Memecoin Team's $15M Token Sale Sparks AllegationsMarket Price Drop Leads to Exchange Delisting RiskMemecoin History Repeats With New Regulatory Calls
Melania memecoin team, in an unexpected move, sold $15 million worth of tokens, raising allegations of a slow rug pull in the cryptocurrency community. This event highlights the ongoing risks in the cryptocurrency market, causing investor concerns and skepticism about memecoin reliability.
The sale of $15 million in tokens by the Melania memecoin team happened recently, amid a decline in market trust. Previous community warnings about the project have surfaced.
Individuals involved in the sale have faced scrutiny, with some investors alleging misconduct. The sale shifts dynamics, causing many to question their earlier investment decisions.
Memecoin History Repeats With New Regulatory Calls
The current scenario mirrors past memecoin controversies, where sudden sales raised rug pull fears.
The IMPORTANCE of due diligence before investing in high-risk assets.
Potential outcomes include increased regulation and scrutiny for memecoins, influenced by historical trends. Market analysts predict possible short-term losses for investors if caution isn't exercised.

DO YOUR OWN RESEARCH BEFORE INVESTING
JUST FOR INFORMATION PURPOSES
NEVER TAKE ADVICE FROM ANYONE UNLESS YOU DO YOUR DUE DILIGENCE & RESEARCH
1. -><- Mantra (OM) lost 90% of its value within an hour on April 13, erasing $6 billion in market cap.
2.-><- On-chain data shows large token movements before the crash, raising suspicions of insider activity.
3. -><- The collapse has intensified concerns about transparency and governance in DeFi projects.

The dramatic collapse of Mantra (OM) has renewed concerns over trust and transparency in the decentralized finance (DeFi) sector.
In a matter of minutes on April 13, Mantra lost 90% of its value, wiping out $6 billion in market capitalization without any confirmed security breach or external attack.
Overhyped New Layer 1 Blockchains to Blame?
Jean Rausis, co-founder of decentralized finance platform SMARDEX, weighed in on the situation, pointing to the dangers of overhyped new Layer 1 blockchains that lack decentralized backing and historical resilience.
“Sunday’s Mantra token collapse points, once again, to the fact that investors and users must be very careful with new L1s, especially when they are hyped up by centralized interests,” said Rausis. “It should serve as a reminder that not all price action in DeFi is sustainable.”
Rausis contrasted the Mantra collapse with Ethereum’s current performance, pointing out that despite recent sluggish price action, Ethereum remains the most reliable and developer-rich ecosystem in DeFi. “Ethereum remains King,” he stated. “Instead of fixating on ETH’s price action, we should be asking ourselves what the DeFi space truly needs to thrive.”
As the dust settles on Mantra’s dramatic fall, the broader DeFi community faces a pressing question: is it time to re-focus on transparency, decentralization, and long-term value — or risk repeating the same mistakes with the next overhyped project?
The sudden and steep drop sent shocked the crypto community, raising questions about governance, insider activity, and the fragility of hype-driven projects.
Mantra Once Considered a Promising Crypto Project
Once ranked among the top five Real World Asset (RWA) protocols by market cap, Mantra was seen as a rising star in the RWA space.
The project focuses on tokenizing real-world assets on-chain, and its native token, OM, reached an all-time high of $8.99 in late February.
However, within a few short weeks, the token plummeted from $6.10 to just $0.40 in a single day.
Why Did the Price of Mantra Collapse?
As of now, there is no confirmed reason for what caused the collapse. Mantra maintains that the platform is operating normally and that there was no attack on the network.
Meanwhile, parts of the crypto community suspect insider trading and point to the project team as a possible cause.
Despite the market chaos, no official exploit or hack has been confirmed.
In a public statement released via X (formerly Twitter) on April 15, the Mantra team acknowledged the community’s concern and pledged a commitment to transparency.

HERE COMES THE KEYWORD “SO CALLED”
👉🏼TRANSPARENCY 👈🏼 …. Kind of a Joke to me
TRANPARENCY is a word that can get thrown around like glitter – particularly in this space,” the post read. “But I’m going to use it. We will do everything in our power to convey accurate, timely information as soon as we have it and verify it. This is a responsibility to our community we take incredibly seriously.”
On-chain data reveals huge token movements prior to the crash, with some transactions potentially linked to insiders or early investors.
These large movements have sparked speculation about whether certain parties had foreknowledge of the collapse and sold off their holdings in anticipation.
Adding fuel to the fire is the revelation that the Mantra team may have controlled up to 90% of the token supply.

DO YOUR OWN RESEARCH BEFORE INVESTING…
#StopLossStartegies
1 <—> OM token crashed 90% due to forced liquidations by centralized exchanges, said MANTRA's co-founder.
2 <—> MANTRA denies involvement from MANTRA team or investors in the price drop.
John Patrick Mullin, the co-founder and CEO of MANTRA, addressed the OM token’s abrupt 90% price decline on Sunday, stating that “reckless forced closures” on CEXs caused the drop, rather than alleged internal activity by the project team.

“The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice,” Mullin said in a statement to the community a few hours after the crash surfaced. That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges,” he stated.…!!!

While not naming any specific platform, the entrepreneur argued that the issue was the possibly unchecked and “reckless” actions of the CEXs where OM was being traded.
Mullin noted that these exchanges “continue to exercise enormously high levels of discretion,” and warned that when such powers are used without oversight, “dislocations like what recently happened can and will occur, hurting both projects and investors alike.”
The OM token, which peaked at $9 earlier this year, fell from $6.3 to as low as $0.37 on April 13. At the time of writing, the token has slightly recovered above $1.
MANTRA was accused of offloading their bag. However, Mullin denied those claims, stressing that “this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors.”
Mullin added that all team and investor tokens are still locked according to their publicly disclosed vesting schedules. He also claimed that the OM token’s fundamental tokenomics remain unchanged.
MANTRA, which recently became the first DeFi protocol licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), plans to host a community discussion on X to address the recent incident.
The explanation didn’t ease concerns in the crypto community. Many still felt the statement lacked transparency. In a follow-up post, Mullin said that the team is working on compiling details of the situation.
Previously, several altcoins suffered sharp declines on Binance, including Act I: The AI Prophecy, which dropped 50%, DeXe, which fell 38%, and dForce, down 19%. The declines came after Binance revised margin requirements, which could increase liquidation risks for undercollateralized positions.

Mt. Gox Transfers $905 Million in Bitcoin to Unmarked Wallet as Repayment Deadline is Pushed to October 2025
THIA CONTENT IS ONLY FOR INFORMATION PURPOSES ONLY…!!!
NOT A FINANCIAL ADVICE…!!!
DO YOUR OWN RESEARCH BEFORE INVESTING….!!!
Mt. Gox, the cryptocurrency exchange that filed for bankruptcy after a massive hack in 2014, moved 11,501 Bitcoin, worth around $905 million, to an unmarked wallet on March 11, 2025.

Mt. Gox, the cryptocurrency exchange that filed for bankruptcy after a massive hack in 2014, moved 11,501 Bitcoin, worth around $905 million, to an unmarked wallet on March 11, 2025. The transaction took place at 12:15 a.m. UTC, with most of the Bitcoin going to the unidentified wallet starting with "1Pazv…R9pYj." A smaller portion of 332 BTC was sent to the exchange’s warm wallet, both of which remain unspent.
The transfer followed a $1.07 billion Bitcoin move to a wallet beginning with "1Mo1n" last week. Initially, the "1Mo1n" address wasn’t labeled as a Mt. Gox wallet, but this recent movement suggests it’s now associated with the exchange. Mt. Gox still controls over 35,915 Bitcoin, valued at $2.8 billion, according to data from Arkham Intelligence. The exchange has been using these funds to repay creditors affected by the 2014 hack, which led to the loss of around 850,000 BTC.
In July 2024, Mt. Gox began repaying creditors, with payments coming from its holdings of Bitcoin, Bitcoin Cash, and Japanese yen. However, the repayment deadline was extended to October 2025. Although Bitcoin movements have traditionally been linked to creditor distributions, the purpose of this specific transfer remains unclear, and it is uncertain whether it marks the beginning of further distributions.
These recent transactions have raised speculation about the possible impact on Bitcoin’s price. When Mt. Gox distributes funds to creditors, it could create selling pressure, which might influence market conditions. Bitcoin’s price has been unstable, with some experts predicting that it could drop to as low as $75,000 amid ongoing market fluctuations.
Mt. Gox was once the largest Bitcoin exchange globally, handling 70% of all Bitcoin trades by 2013. However, following its 2014 hack, it filed for bankruptcy and began the long process of returning funds to creditors. While it has been repaying its creditors, some still haven’t received compensation. With over $2.8 billion in Bitcoin still in its possession, Mt. Gox’s actions will likely continue to affect the market and raise questions about the future distribution of these assets.
As the exchange works toward fulfilling its repayment obligations, the upcoming movements of these assets could play a critical role in determining Bitcoin’s market trajectory. The current state of Mt. Gox's holdings and its potential distribution remains a closely watched issue in the cryptocurrency world.

When the US election results were out, markets followed the trend with increased inflows in Bitcoin (BTC) and Tether (USDT) as investors returned. A remarkable growth of volumes and funds on crypto exchanges has followed. Specifically, data from CryptoQuant showed that the total exchange inflows in USDT increased sharply on November 5, up to $ 7.7 billion on election day.

Binance Dominates USDT and BTC Inflows
Binance is the most prominent example of platforms increasing inflows of USDT after the elections, averaging about 3.6 billion USDT. This was a notable part of the overall $6.5 billion volume increase to exchanges, which made Binance a market leader by volume. Coinbase and other exchanges continued the inflows at about $4.3 billion in USDT funds.
Institutional Activity Boosts Trading Volume
As mentioned previously, it has been reported that large transactions on Binance are related to institutional players, and considerable transactions in both Bitcoin and USDT have been observed. In Binance, Bitcoin accounts for approximately 20k BTC on election day and 26k on the next two days, targeting high demand for cryptos amid volatility.
Trading Volume Hits New Highs
Trading in the perpetual futures market also reached its highest levels since March, with a total trading volume of $1.1 trillion in a week. Binance was at the top of the list with 43% of such activity, with other platforms registering increased volumes, including OKX, Bitget, and Bybit.
The increased trading and inflows imply that investors return to digital currencies as a hedge during an unstable economic climate.
DISCLAIMER -><- DO YOUR OWN RESEARCH BEFORE INVESTING…..!!!
This article is to educate people & not a FINANCIAL advice.

The recent downturn in the cryptocurrency world has caused notable declines in digital asset prices. Amid this market turbulence, savvy investors are spotting potential in the chaos. There are four lesser-known coins that are attracting attention for their promising prospects. Which altcoins are these, and why are they standing out during this slump?

BLASTUP Poised to Lead the Altcoin Season as the Fastest-Growing Launchpad on Blast
The BLASTUP token, the native token of the BlastUP launchpad, has experienced remarkable momentum recently, marked by a 523% surge in trading volume and a volume-to-market cap ratio of 2.91%, signaling a strong wave of trading interest.
BLASTUP Price Analysis
Current Price: $0.01941
24-Hour Change: +23.23%, signaling a strong short-term upward trend.
Support Levels: Based on recent lows, key support is near $0.01575, indicating a potential resistance against further declines in the near term.
Resistance Levels: The next immediate resistance appears around $0.020, followed by a stronger resistance at $0.022 if momentum sustains.
BLASTUP Price Prediction
BlastUP’s current trading patterns exhibit high volatility, and price action could fluctuate sharply given the token’s market cap ($1.36M).
If the positive trend continues and BLASTUP sustains above $0.019, it could potentially approach the $0.022 mark within the week.
What’s Driving BLASTUP’s Growth?
For investors seeking high-potential assets, BLASTUP offers substantial opportunity. Priced in the cents range, this undervalued token is well-positioned for substantial gains—following a pattern seen with many promising tokens at launch.
The token’s growth is underpinned by strong fundamentals. As the native token of BlastUP, the fastest-growing launchpad within the Blast ecosystem, BLASTUP has cultivated a passionate community of supporters.
Built on the Blast platform, the only Layer 2 blockchain offering native yield for ETH and stablecoins, BlastUP accelerates crypto startups from day one—and the results are already visible. Within months, BlastUP has successfully launched multiple IDOs, secured strategic partnerships, and expanded its ecosystem.
Benefits for BLASTUP Token Holders
Staking Rewards: Earn up to 24% APR on staked tokens.Early Access to IDOs: Access to investment opportunities in some of the most exciting new projects.Loyalty Perks and Priority Allocations: Enhanced allocations for upcoming projects on the BlastUP platform.
As the BlastUP ecosystem continues to grow, demand for BLASTUP is rising. With strong recent performance and solid fundamentals, BLASTUP appears ready for exponential growth in the days ahead.
Solana and SOL: A Scalable Platform for Decentralized Applications
Solana is a blockchain platform that focuses on scalability, providing a foundation for decentralized applications alongside platforms like Ethereum and Cardano. It stands out by aiming for faster transactions and offering flexible development options in multiple programming languages. SOL, the native cryptocurrency of Solana, is central to its ecosystem.
It facilitates transactions, runs custom programs, and rewards those who support the network. The coin holds value by underpinning the operation of Solana’s network, giving users access to a variety of projects.
Unlike some platforms, Solana does not use sharding or second-layer solutions, which may appeal to developers and investors looking for a high-capacity network capable of hosting high-activity products and services.
TRON (TRX): Empowering Content Creators Through Decentralization
TRON (TRX) is a blockchain platform designed to grant content creators full ownership of their work. Launched in 2017, it lets developers build decentralized applications (dApps) and smart contracts. This enables creators to share content directly with consumers, bypassing intermediaries like YouTube or Facebook.
As a result, content makers can receive more rewards for their efforts. TRON uses a transaction model similar to Bitcoin, recording all transactions in a public ledger that anyone can track. Serving as an alternative to Ethereum, TRON provides tools for building dApps with low transaction fees. By focusing on decentralizing the internet, TRON aims to reshape how content is produced and consumed.
Toncoin: Powering The Open Network for Fast, Secure Payments
Toncoin is the native cryptocurrency of The Open Network, a decentralized layer-1 blockchain. It was initially developed by Telegram as the ‘Gram’ token but was later continued by the TON Foundation and community enthusiasts.
Toncoin operates using a proof-of-stake consensus model, which improves scalability and reliability. The network aims to offer fast and secure payment services with low fees.
It is building an ecosystem that includes decentralized storage, services, DNS, anonymous networking, and efficient payment processing. Toncoin’s technology has the potential to enhance payment systems and support a wide range of decentralized applications.
Conclusion
Investors observing recent trends see that SOL, TRX, and TON may have limited short-term potential. The ongoing bull run of 2024 offers better prospects in other altcoins with stronger momentum. Focusing on assets poised for significant growth could be a wiser strategy in the current market climate.
DISCLAIMER :: THIS IS NOT A FINANCIAL ADVICE…
DO YOUR OWN RESEARCH BEFORE INVESTING…
THESE ARE JUST SPECULATIONS…!!!!
#BinanceSquareFamily

Animal meme coins have dominated the cryptocurrency space for a long time. With popular dog coins like DOGEand SHIB taking center stage, 2024 seems to be the year of the cat, as Popcat (POPCAT) has taken the crypto meme coin space by storm….!!!

Launched in January 2024, Popcat has rocketed to 45000% and is trading at its all-time high of $1.5271, at the time of writing
In this article, we’ll discuss the Popcat price prediction by giving you its short and price forecasts, and explore whether this meme coin can continue its bullish run.
What is Popcat?
Popcat is a cat meme coin that was created from a viral internet meme in which there’s a cat named Oatmeal. After the meme became popular through an online game, the Popcat token was created on Solana and it quickly became a sensation in the meme community.
Fast forward to October 2024, the Popcat cryptocurrency is standing at an impressive market cap of $1.71 billion. Popcat is built on the Solana blockchain which is known for high speed and low transaction costs, which has further pushed the popularity of Popcat to a large audience present in the Solana ecosystem.
Like other meme coins, the popularity of Popcat is also driven by the community rather than its intrinsic value. And while this cat meme coin is already up 45000% from its launch, many investors are keen to see higher prices from it in the future….!!!
Popcat crypto price prediction
What can be a realistic projection for the Popcat token? Let’s dive into the Popcat price prediction for 2024 and beyond.
Popcat coin price prediction: short-term outlook
According to CoinCodex’s Popcat price expectation for the near future, the token is projected to rise by 225.17%, possibly hitting a new all-time high in November ….!!!

Popcat price prediction 2024
After analyzing the historical price data of Popcat, Coincodex predicts that Popcat can trade between $1.69 and $5.92 in 2024.
Drawing insights from investor sentiment, DigitalCoinPrice Popcat price prediction for 2024 mentions the range of $1.54 and $3.78 which will be its all-time high as well. 
According to Cryptonews analysis of Popcat’s recent price trends, the coin is projected to have a minimum price of $1.76 and a maximum price of $1.87 in 2024.
2024 has only 2 months left and it is important to understand that meme coins are one of the most volatile assets in this market. Either the above predictions become true in 2024 or they can be completely off the mark, hence it is advisable to do your research before investing in these meme coins.
Disclaimer :: DO YOUR OWN RESEARCH BEFORE INVESTING…
These are just speculations according to the charts and This is not a Financial Advice.
#BinanceSquareFamily
#BinanceEarnProgram

Today, Bitcoin is experiencing a significant rally, approaching it’s all-time highs. Looking beyond the election, the future of the entire crypto ecosystem is in question. Many are speculating about Bitcoin reaching $80,000, $90,000, or even $1 million in the next few years. The crypto industry has raised substantial funds, aiming to support candidates who can help pass crucial legislation.

Spot Bitcoin ETFs have attracted an impressive $3.1 billion in inflows in the last two weeks alone, boosting the total market cap to $73 billion since their launch in January. Analysts suggest that with the U.S. general election just a week away, investors are optimistic that the outcome will positively impact the crypto industry, regardless of who wins. Options traders are increasing their bets, with Bitcoin expected to hit $80,000 this year.
Glen Goodman, author of “The Crypto Trader,” attributes Bitcoin’s recent surge to global liquidity and predictions of a Trump victory in the upcoming U.S. election. In an interview with Bloomberg, Goodman said that Bitcoin is very close to reaching another all-time high. He highlights two main factors:
Factors Behind the Surge
Global Liquidity: The amount of available money in the world greatly influences Bitcoin’s price. As more money circulates, investors tend to take on riskier assets, like stocks and cryptocurrencies. This creates a strong connection between the stock market and crypto.
Upcoming Election: The U.S. election is on the horizon, and prediction markets suggest Donald Trump is likely to win. Goodman observes that this may impact investor sentiment, especially since a Trump administration might be more favorable toward cryptocurrencies compared to the current Democratic administration.
Changing Perspectives on Crypto
Goodman opened up about Trump’s past criticism of crypto, describing it as a “scam.” He suggests that Trump’s views have shifted, especially now that he has his own crypto business. According to Goodman, this change is typical for Trump, who is known for frequently altering his stance on various issues.
Disclaimer:: Do your own research before investing. This article is based on the information provided on internet. These are just speculation. This is not a financial advice.
#binancewritetoeaen
#BinanceBlockchainWeek
#BinanceSquareFamily

JASMY is at a pivotal point, presenting a significant opportunity for investors. With price hovering near key support, should we expect a rebound to $0.23? Could a Head & Shoulders pattern lead to a breakout dump? As market dynamics shift and trading volumes fluctuate, traders should prepare for any outcome.

nalyzing JasmyCoin’s Recent Performance
JasmyCoin, often compared to Japan’s Bitcoin, has struggled since August. Right now, JASMY trades around $0.020, just above the September low of $0.018. This underperformance starkly contrasts with Bitcoin’s recent surge to a resistance level near $69,000. Bitcoin ETF inflows also soared, surpassing $20.9 billion.
Recent market sentiment has shifted to a sense of greed, with the fear and greed index jumping to 62. Typically, cryptocurrencies thrive in such conditions, making Jasmy’s sluggish performance even more concerning.
Recent data shows a significant drop in JasmyCoin’s trading volume. Daily averages now sit around $80 million, a decline from the $150 million seen just months ago. The drop in futures open interest also points to waning market interest.
The upcoming launch of the Janction Networkmight act as a crucial catalyst for the JASMY token. This Decentralized Public Infrastructure Network (DePIN) and AI chain recently launched its testnet. Positive developments from this initiative could reignite investor confidence.
Key Technical Levels to Watch
Looking at the daily chart reveals that JasmyCoin has traded sideways for several months. The token remains trapped below a descending trendline connecting swings from June, July, and September. Strong support exists at $0.018, a level maintained since August.
This price aligns with the 61.8% Fibonacci retracement, hinting at a possible bottom formation. On the bullish side, this support may signal a reversal, especially if Bitcoin continues rising. However, failure to hold this level could lead to further declines.
A drop below $0.018 may prompt sellers to target the next support level at $0.01180, near the 78.65% retracement point. Investors should watch these critical thresholds closely, as they will determine the future direction of $JASMY.
DISCLAIMER :: DO YOUR OWN RESEARCH BEFORE INVESTING.
THIS IS NOT A FINANCIAL ADVICE.
THESE ARE JUST SPECULATIONS BASED ON THE MOVEMENT OF THE CHART.
THINK BEFORE YOU INVEST IN CRYPTO.
ITS HIGHLY VOLATILE AND ALWAYS A RISK OF LOOSING FUNDS.