scam project. I was scam on their Telegram platform yesterday, coin ascending to destruction beware!
Annabell Roley aHZK
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MOVE Bears Take Control and market Analysis 🐻
The $MOVE token experienced a 9.95% drop, currently priced at $0.9286. The decline could be attributed to broader market corrections or specific factors affecting the token. Traders might benefit from keeping an eye on potential catalysts like partnerships or platform updates that could drive recovery.
WHY THE MARKET RED? Federal Open Market Committee (FOMC) Report - 18 Dec 2024
For newbies: FOMC is when US Feds announces interest rates. Higher interest rates mean bad for markets. Lower interest rates mean good for markets (this is an oversimplification)
Analysis:
(Picture 1)
There's currently a 98.8% chance the Fed will lower interest rates to 425-450 Bps, which is Bullish for stocks, crypto, and the overall economy
(Picture 2)
BTC Daily chart is resting at support levels on previous all-time highs. With interest rates expected to come lower, I don’t think we’ll see a large dip from current levels unless the Fed surprises us and increases rates (extremely unlikely)
Short-term dips could still happen, but if they do, it's just a chance to accumulate more $BTC. There’s still a possible end of year "Santa rally," and we could revisit all-time highs soon
(Picture 3)
In the last 3 months, Wednesdays have seen the highest average $BTC gains, so today is a good opportunity to accumulate
(Picture 4)
The SOL/BTC weekly chart is resting at the support level. Solana has been underperforming $BTC over the last couple of weeks, but I think we’ll see a rotation to $SOL soon. It's a good idea to accumulate more Solana at the current price.
Interest rates decreased, but why is the market red?
First of all, this pullback not only happened in the crypto but the whole stock market.
Lower interest rates are generally bullish for the market because they increase liquidity. But there tends to be a short-term "sell the news" effect when it's announced because people already expect it to happen. There's also possible profit taking activities as we are still near all-time highs. Overall, this is still a healthy pullback
good news is, with the FOMC out of the way, we can now trade without having to worry about unexpected price movements . This gives us a chance to buy good coins at discount
#Pepe For those of us that invested in pepe congratulation hope you noted that pepe hited 1688 this today making many a Millionaire. Don't panic to sell your asset the prediction is that pepe will rise above 20k. Stay on board enjoy the rise up trend & acceleration that pepe brings. Bull is running in pepe don't wait to buy pepe buy pepe and wait. This is not a financial advice do your own technical research I am not Satoshi. #pepe #wealth #accelerate #BinanceLaunchpool
$PEPE now that sellers are pushing down strongly on the price of pepe just few minute ago. wise investors are also diving into the pool by buying while afraid this is not the time to give up pepe will pump any moment from now the buyers will posh it up so seat down and relax.