Tag: nears
-
Crypto news today: Bitcoin nears all-time high; ETH, DOGE, PEPE, ATOM show bullish signs
- Bitcoin surged past $100K this week, fueled by strong spot ETF inflows of over $1 billion.
- With Bitcoin nearing its all-time high, key support is now eyed around the $100,000 level.
- Ether experienced a dramatic price jump, breaking $2,600 and targeting $3,000.
Bitcoin has decisively reclaimed ground above the psychologically crucial $100,000 mark this week, signaling a resurgence of bullish momentum in the cryptocurrency market.
Supported by substantial inflows into spot Bitcoin ETFs, particularly BlackRock’s IBIT fund, buyers are now attempting to consolidate these gains and potentially push towards new all-time highs.
This renewed strength in the market leader is also igniting interest in several altcoins, prompting discussions about the potential onset of an “altseason.”
The past week saw Bitcoin climb over 10%, with buyers successfully pushing the price through significant resistance levels.
This rally has been notably backed by consistent institutional demand, exemplified by BlackRock’s IBIT spot Bitcoin ETF extending its inflow streak to 19 days, attracting $1.03 billion in the latest trading week alone, according to Farside Investors data.
Technically, Bitcoin is gradually inching towards its all-time high of $109,588, indicating a measured but confident advance by the bulls who seem reluctant to book profits prematurely.
While this strong rally has pushed the Relative Strength Index (RSI) into overbought territory – often a precursor to a short-term correction or consolidation – any pullback is anticipated to find robust support between the $100,000 level and the 20-day exponential moving average (EMA), currently around $96,626.
A successful rebound from this support zone would significantly increase the probability of a breakout above $109,588, potentially targeting $130,000.
However, bears still have a window to regain control.
A swift and decisive break below the 20-day EMA could trigger a sharper decline towards the 50-day simple moving average (SMA) near $88,962.
On shorter timeframes, strong selling pressure is expected in the $107,000 to $109,588 zone.
A successful defense of the 4-hour 20-EMA on any dip would signal continued bullish strength, while a break below $100,000 could open the door for a deeper correction towards $93,000 or even $83,000.
Ether (ETH) skyrockets, eyes further upside
Ether (ETH) experienced a dramatic surge, catapulting from $1,808 on May 8 to $2,600 by May 10, showcasing aggressive buying pressure.
This rapid ascent also pushed its RSI into overbought territory, suggesting a potential near-term consolidation or minor pullback.
Key support levels to watch on the downside are $2,320 and then $2,111.
If Ether finds support at these levels and turns higher, the ETH/USDT pair could extend its rally towards $2,850 and subsequently aim for the $3,000 mark.
However, a break below the $2,111 support would invalidate the immediate bullish outlook, potentially leading to a period of range-bound trading between $1,754 and $2,600.
On the 4-hour chart, bulls managed to push above the $2,550 resistance but struggled to sustain those higher levels.
A positive sign is that buyers haven’t conceded much ground, suggesting they anticipate further upside.
A break above $2,609 could trigger the rally towards $3,000, while a drop below the 4-hour 20-EMA might initiate a deeper correction towards the $2,111 support.
Dogecoin (DOGE) breaks resistance, signals trend change
Dogecoin (DOGE) showed a significant short-term trend change by soaring above the $0.21 overhead resistance on May 10.
The rally is currently facing selling pressure near $0.26, which could lead to a retest of the $0.21 breakout level.
If DOGE rebounds strongly from $0.21, it would indicate a shift in market sentiment from “sell the rally” to “buy the dip,” increasing the likelihood of a continued advance towards $0.31.
To negate this bullish momentum, sellers would need to pull the price back below the 20-day EMA (around $0.19).
Such a move could trap DOGE within a larger trading range between $0.14 and $0.26 for an extended period.
Immediate support on any pullback from $0.26 is seen at $0.22 and then $0.21.
Pepe (PEPE) rallies sharply, tests key levels
Meme coin Pepe (PEPE) staged a sharp rally from its 50-day SMA (around $0.000008), breaking above the $0.000011 overhead resistance on May 8.
This aggressive move has also pushed its RSI into overbought territory, signaling a potential pullback. The PEPE/USDT pair might drop to retest the $0.000011 breakout level.
If this level holds as support, it would strengthen the bullish case for a rally towards $0.000017 and then $0.000020.
Conversely, a break below the 20-day EMA (around $0.000009) would invalidate this optimistic outlook.
On the 4-hour chart, bears are aggressively defending the $0.000014 level.
A pullback to the 4-hour 20-EMA is a critical support to watch; a bounce could lead to another attempt to break $0.000014, while a failure could see PEPE slide back to $0.000011 or even the 50-SMA.
Cosmos (ATOM) breaks out of base, targets higher levels
Cosmos (ATOM) signaled a potential trend change by closing above the $5.15 resistance on May 10, breaking out of a large basing pattern.
However, bears are expected to defend this level strongly.
If they succeed in pushing the price back below $5.15, aggressive bulls could be trapped, leading to a pullback towards the moving averages.
If buyers can sustain the price above $5.15, the ATOM/USDT pair could gain significant momentum and rally towards $6.50.
While sellers will likely attempt to halt the advance there, a successful break above $6.50 could open the path towards $7.50.
The sharp rally has pushed the 4-hour RSI into overbought territory, suggesting a short-term correction or consolidation.
Bulls must defend the $5.15 level to maintain momentum towards $6.60. A break below $5.15 could lead to a deeper correction towards the 20-EMA or even $4.70.
While some analysts debate whether a full-blown “altseason” has truly begun, given the modest recovery of many altcoins from their significant drawdowns, the recent price action across several key cryptocurrencies suggests a renewed bullish appetite in the market.
-
Altcoins signal bullish breakout as Bitcoin nears $100K milestone
- ETH targets $3,200 after breaking trendlines.
- SOL eyes $230 range with bullish setup.
- DOGE rises past $0.18 as retail interest grows.
A major shift is unfolding in the cryptocurrency market as Bitcoin edges closer to the $100,000 psychological mark, prompting renewed attention towards altcoins.
With Bitcoin dominance starting to decline, market participants are observing a wave of bullish technical signals across major altcoins.
Coins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Protocol (NEAR) are leading what analysts believe may be the early stages of an extended altcoin breakout cycle.
The shift comes after months of sideways movement in both Bitcoin and alternative digital assets.
Traders are interpreting recent consolidations in key altcoins as signs of accumulation.
With bullish chart patterns now forming across higher timeframes, the setup for a widespread breakout appears to be strengthening.
Bitcoin rally triggers altcoin interest
Bitcoin’s steady climb has captured global headlines, but under the surface, a quieter transition is taking place.
Market watchers are noting a drop in Bitcoin dominance — the measure of Bitcoin’s share in the total crypto market capitalisation — indicating that capital is rotating into the altcoin sector.
This development aligns with patterns seen in previous cycles, where Bitcoin rallies first and is followed by outsized gains in smaller-cap cryptocurrencies.
As a result, several major tokens are now attempting to break above long-term resistance levels that have been intact since the last bull run.
ETH, SOL, DOGE show price strength
Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, has broken above key trendlines and is now targeting the $3,200 zone.
The move is supported by technical indicators pointing to increasing momentum and volume accumulation.
Solana (SOL), which has recovered strongly since the end of 2024, is now targeting the $220–$230 range.
After bouncing from major support zones, SOL has formed an inverse head and shoulders pattern on the daily chart, suggesting a sustained upward push.
Meanwhile, Dogecoin (DOGE), one of the most-watched memecoins, has climbed above $0.18, a key resistance level from its early 2024 highs.
DOGE’s rise is backed by rising social media interest and increased retail trading volume, both considered indicators of speculative momentum.
NEAR, KAS, ADA in breakout zones
NEAR Protocol (NEAR) and Kaspa (KAS) are also flashing bullish setups.
NEAR has broken out of a months-long consolidation and is showing signs of institutional interest.
Technical analysis reveals a breakout from a symmetrical triangle, which often precedes a strong continuation move.
Kaspa (KAS), known for its blockDAG technology and high transaction throughput, is forming a classic bull flag.
If confirmed, the pattern could point to a rapid price acceleration from current levels.
Cardano (ADA) and Sonic (S) are similarly exhibiting accumulation patterns.
ADA is currently testing upper trendlines, while Sonic recently completed a successful retest and breakout.
These moves suggest that altcoins are now attempting to recover a significant portion of their bear market losses, with analysts pointing to the potential for 100–250% rallies, should sentiment hold and Bitcoin remain above critical levels.
Technicals support a bullish cycle
The latest altcoin rally is not merely speculative. It is backed by technical confirmation on higher timeframes, including weekly charts.
Patterns such as the cup and handle and inverse head and shoulders have formed across several major tokens, a common feature during the early stages of bullish cycles.
The broader implication is that altcoins could retrace around 60% of their previous losses if market momentum continues to improve.
With Bitcoin approaching the $100K mark, this shift in liquidity towards altcoins could mark the beginning of a fresh wave of capital inflows into the broader crypto market.
-
BTC nears resistance zone as analysts flag potential pullback to $76,600
- Key resistance zone flagged between $86,549 and $88,244.
- MicroStrategy buys 6,556 BTC worth $555.8 million.
- $90,000 is seen as a psychological and technical barrier.
Bitcoin has surged back to near $89,000, inching closer to its all-time high and setting the stage for what could be a significant breakout.
According to crypto analyst Michael van de Poppe, the flagship cryptocurrency is now approaching a crucial resistance band between $86,549 and $88,244.
This level has historically been difficult to breach, often leading to temporary corrections.
However, the current market sentiment, combined with macroeconomic cues like a potential US-China deal, is fuelling speculation about a fresh rally past $90,000.
In a tweet posted earlier this month, van de Poppe shared a technical chart highlighting Bitcoin’s rebound and its current position near a historical resistance level.
He suggested that Bitcoin may first dip to retest support at $80,982 before making another attempt at a breakout.
A further decline to $76,604 is also possible if current support fails to hold, marking a retest of a previous support level that could now act as resistance.
Bitcoin gains 1.5% as whale accumulation boosts sentiment
Bitcoin’s rise above $88,500 has been aided by strong accumulation from institutional players.
Notably, US-based corporate holder MicroStrategy recently acquired 6,556 BTC at a total cost of around $555.8 million.
The purchase comes amid growing interest in Bitcoin as a hedge against inflation and geopolitical risks, and appears to have given the market a confidence boost.
According to CoinMarketCap, Bitcoin gained 1.5% in the past 24 hours, adding to its 4.7% weekly gain.
The surge has also lifted overall crypto market capitalisation past $2.7 trillion.
Source: CoinMarketCap
Van de Poppe noted that despite nearing overbought territory, the market may remain bullish if Bitcoin consolidates above $88,000.
A sustained rally past $90,000 could open up a move towards new highs, while failure to maintain support around $80,000 could send prices lower.
Analyst warns of pullback to $76,604 if support fails
Technical indicators show that Bitcoin’s RSI is approaching critical levels, suggesting a temporary correction could occur.
Still, many traders are watching the $90,000 resistance level as the next major milestone.
If Bitcoin manages to flip $90,000 into support, it could mark a psychological and technical breakthrough.
Historically, this kind of pattern has led to rapid price discovery.
However, if momentum fades, the cryptocurrency may struggle to hold onto gains and revisit lower support zones.
Van de Poppe outlined that a correction to $76,604 would still be within healthy limits and could act as a springboard for a future rally.
The price level was previously a key support and remains one to watch in the near term.
Macro trends could support the Bitcoin push
On the macroeconomic front, van de Poppe hinted at the potential impact of global events.
In particular, signs of de-escalation between the US and China could reduce market anxiety, prompting increased risk appetite among investors.
Geopolitical calm, combined with institutional accumulation and favourable regulatory signals, may set the stage for Bitcoin to finally break through its upper resistance.
However, short-term volatility should not be ruled out, especially as the asset hovers near historically reactive zones.
As of 14 April, Bitcoin is trading just above $88,606.
All eyes are now on whether the world’s largest cryptocurrency can consolidate its gains and surge through $90,000 in the coming sessions.
-
Bitcoin Pepe presale nears $5M as Bitcoin price rebounds
- Bitcoin Pepe presale nears $5M as Bitcoin (BTC) hits $85,263.
- Whales are buying BTC en mass, boosting confidence in Pepe’s L2 vision.
- The current Bitcoin Pepe presale price of $0.0281 offers a great entry point before the anticipated Q2 listing.
As Bitcoin’s price rebounds, hitting an intraday high of $85,263.29 on CoinMarketCap and reclaiming its 200-day moving average, the crypto market is buzzing with renewed energy. Amid this rebound, Bitcoin Pepe, a pioneering layer 2 solution building Solana-style scalability on Bitcoin, is closing in on a $4.9 million presale haul.
With the world’s only Bitcoin meme ICO going viral, investors are eyeing a massive upside as BTC bulls regain momentum and whales accumulate during the dip.
Bitcoin’s rally fuels meme coin momentum
Bitcoin’s climb to $85,263.29, up 4.9% in just 24 hours, reflects a broader risk-on sentiment sweeping both crypto and traditional markets. The S&P 500 and Nasdaq rose 1.7% and 2.3%, respectively, signaling a return of investor confidence.
This backdrop couldn’t be timelier for Bitcoin Pepe, now in Stage 7 of its 30-stage presale. Priced at $0.0281, each stage brings a 5% price hike, offering early adopters like those in Stage 1 a 33.8% gain already—hinting at Solana’s early days when it soared from $0.22 in 2020.
As short-term BTC holders panic-sell at a loss, Bitcoin Pepe’s vision of uniting memes on BTC’s secure foundation is striking a chord.
The project’s audited smart contracts and doxxed team add credibility to its bold claim of transforming Bitcoin into the future home of meme coin trading.
With whales snapping up BTC during this dip, as noted by trader Quinten Francois on X, the market’s big players seem to share a bullish outlook.
Short term Bitcoin holders are SELLING at a loss
Meanwhile whales are BUYING pic.twitter.com/ZpnPFnB3Uz
— Quinten | 048.eth (@QuintenFrancois) March 14, 2025
Amid this whale accumulation, Bitcoin Pepe’s PEP-20 token standard promises to spark a token creation boom on BTC, much like Ethereum’s ERC-20 did, positioning it to capture the $2 trillion of dormant BTC capital ready to flood into meme mania.
Presale urgency grows with market shifts
With $4,879,100 raised and counting, Bitcoin Pepe’s presale is heating up as it approaches its Q2 2025 listing. The current Stage 7 price of $0.0281 jumps to $0.0295 in Stage 8, and savvy investors are rushing to lock in gains before the next increase.
This urgency aligns with market trends—analyst Bob Loukas predicts Bitcoin (BTC) and stocks have “more room to run” after bouncing from oversold levels.
For Bitcoin Pepe, this could mean a perfect storm: a strengthening BTC paired with a layer 2 poised to deliver Solana-speed transactions and ultra-low fees.
The project’s staking rewards further sweeten the deal, offering holders passive income with APYs up to 10,000% for long-term pools, blending boomer security with zoomer gains.
As Bitcoin reasserts its dominance, Bitcoin Pepe’s mission to onboard the next billion users through a retail-friendly, meme-driven experience feels more attainable. Investors joining now, ahead of the Q2 DEX and CEX listings, are betting on a future where BTC isn’t just digital gold but the epicenter of meme coin chaos.
To learn more, visit the official Bitcoin Pepe website.
-
Michigan proposes investments in crypto as Bitcoin Pepe’s presale nears $2m
- Michigan has joined the wave of other states in the US looking to invest in cryptocurrencies
- Bitcoin Pepe’s presale approaches $2m two days after launch
Michigan proposes crypto investments
Michigan’s state representatives, Bryan Posthumus and Ron Robinson have proposed House Bill 4087 to allow the state to invest in Bitcoin and other cryptocurrencies.
If the bill is approved, the state treasurer can allocate up to 10% of Michigan’s general and economic stabilization funds to cryptocurrencies. Michigan joins a wave of other states in the US proposing to invest in cryptocurrencies.
What is Bitcoin Pepe?
With Michigan and other US states looking to invest in cryptocurrencies, Bitcoin will likely top the list as it’s the number one crypto by market cap. Bitcoin Pepe is leveraging Bitcoin’s position in the market to introduce memecoins to its ecosystem.
It’s a layer-2 network building on the Bitcoin blockchain. Bitcoin Pepe is a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.
According to the whitepaper, Bitcoin Pepe is designed to become ground zero for all memecoin trading and move all this economic activity to the BTC ecosystem. This project will unlock decentralized finance (DeFi) and meme trading on top of BTC.
The team describes Bitcoin Pepe as the perfect fusion between BTC’s security and the unstoppable force of memecoins.
The team added that Bitcoin Pepe is the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain. With this, BTC Maxis will be able to trade memes, and combining high levels of trust (BTC) with high levels of performance (SOL) will lead to high levels of retail mass adoption.
How can Bitcoin Pepe advance the Bitcoin ecosystem?
Bitcoin is the oldest blockchain in the ecosystem, but offers less utility than smart contract blockchains like Ethereum and Solana. However, Bitcoin Pepe plans to open up the blockchain further by allowing the launch of memecoins and other narratives on the network.
By ushering in memes on Bitcoin, Bitcoin Pepe will turn the blockchain into the home base for the crazy high-octane meme experience. The team believes the BTC bridge will unlock $2 trillion in dormant BTC capital and make it available for memecoin trading.
Bitcoin Pepe will launch as a layer-2 network, providing the necessary infrastructure for all memes to migrate to BTC and ensuring security and liquidity for investors and users.
Bitcoin Pepe presale raises $2m in two days
Bitcoin Pepe’s presale launched two days ago and is already close to a new milestone. According to their official whitepaper, the Bitcoin Pepe presale has raised $1,937,568 in just two days.
This isn’t surprising, as its native token, $BPEP, will power the Bitcoin Pepe layer-2 network and several other activities within the ecosystem. The presale allows investors to buy the tokens before they are listed on exchanges.
Investors can purchase the $BPEP tokens using various cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL.
The presale could be an opportunity to purchase $BPEP at a discount. Solana’s SOL currently trades at $196 per coin. However, it was sold for $0.22 during its presale in 2020, indicating how early investors benefit from partaking in presales.
Bitcoin Pepe aims to be a leading L2 network on Bitcoin, offering users security and liquidity. In addition to that, it’s leveraging the recent growth of memecoins to launch as one while working to introduce more memecoins to the Bitcoin ecosystem.
-
SEC Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M
- SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors.
- Bitbot revolutionizes crypto trading with a non-custodial Telegram bot.
- The $BITBOT presale nears $3M presale with the token poised to rise from the current $0.0171 to $0.018.
The Securities and Exchange Commission (SEC) has filed charges against Bitcoin miner Geosyn Mining, LLC, and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, for allegedly defrauding investors out of $5.6 million.
Meanwhile, Bitbot, a non-custodial Telegram trading bot, is on the verge of hitting $3 million in its presale.
Let’s delve into the details of these developments.
SEC’s charges against Geosyn Mining and its co-founders
According to the SEC’s complaint, filed in a federal court in Texas, Geosyn raised approximately $5.6 million from over 60 investors between November 2021 and December 2022.
According to the U.S. SEC, the company allegedly misled investors by falsely claiming to purchase, maintain, and operate crypto mining machines, promising to distribute mined assets, such as Bitcoin, to investors for a fee. The SEC alleges that Geosyn made false claims about its contracts with electricity providers, failed to disclose that it never purchased some mining machines, and did not provide the services as promised.
Moreover, Ward and McNutt are accused of misappropriating about $1.2 million for personal use.
The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against Ward and McNutt.
Bitbot: a Telegram bot revolutionizing crypto trading
While the U.S. SEC goes after Geosyn Mining LLC, Bitbot, an innovative non-custodial Telegram trading bot that aims to democratize crypto trading is making waves with its token presale.
Besides its token presale, Bitbot offers users institutional-grade tools in a secure and easy-to-use package, allowing them to trade directly from Telegram while maintaining control of their assets. It integrates with self-custodial wallets, ensuring users retain complete control over their keys and assets.
The platform employs KnightSafe, a decentralized security system, to safeguard trading activities. It provides a range of trading tools, including automated sniping, limit orders, copy trading, and yield optimization, accessible to users of all trading experience levels.
Bitbot presale nears $3 million
In recent developments, Bitbot’s presale is rapidly approaching the $3 million mark. The presale, which offers investors the opportunity to acquire $BITBOT tokens, Bitbot’s native utility coin, has garnered significant interest from the crypto community raising a total of $2,900,178 by the time of writing.
Investors can purchase the $BITBOT token at the current price of $0.0171 per token before the price increases to $0.018 in the next stage.
Investors can participate in the presale by importing or creating a smart contract wallet directly via Telegram and once the presale period concludes, investors can claim their $BITBOT tokens via Bitbot’s official website.
$BITBOT token holders stand to benefit from revenue sharing, exclusive presale access, unique perks, a say in Bitbot’s strategic direction through governance, and more.
Conclusion
SEC’s legal action against Geosyn Mining highlights the importance of regulatory compliance in the crypto industry, while Bitbot’s presale success underscores the growing demand for innovative trading solutions in the crypto market.
As Bitbot continues to revolutionize crypto trading, investors eagerly anticipate the platform’s future developments and expansion.
-
SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M
- SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors.
- Bitbot revolutionizes crypto trading with a non-custodial Telegram bot.
- The $BITBOT presale nears $3M presale with the token poised to rise from the current $0.0171 to $0.018.
The Securities and Exchange Commission (SEC) has filed charges against Bitcoin miner Geosyn Mining, LLC, and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, for allegedly defrauding investors out of $5.6 million.
Meanwhile, Bitbot, a non-custodial Telegram trading bot, is on the verge of hitting $3 million in its presale.
Let’s delve into the details of these developments.
SEC’s charges against Geosyn Mining and its co-founders
According to the SEC’s complaint, filed in a federal court in Texas, Geosyn raised approximately $5.6 million from over 60 investors between November 2021 and December 2022.
According to the U.S. SEC, the company allegedly misled investors by falsely claiming to purchase, maintain, and operate crypto mining machines, promising to distribute mined assets, such as Bitcoin, to investors for a fee. The SEC alleges that Geosyn made false claims about its contracts with electricity providers, failed to disclose that it never purchased some mining machines, and did not provide the services as promised.
Moreover, Ward and McNutt are accused of misappropriating about $1.2 million for personal use.
The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against Ward and McNutt.
Bitbot: a Telegram bot revolutionizing crypto trading
While the U.S. SEC goes after Geosyn Mining LLC, Bitbot, an innovative non-custodial Telegram trading bot that aims to democratize crypto trading is making waves with its token presale.
Besides its token presale, Bitbot offers users institutional-grade tools in a secure and easy-to-use package, allowing them to trade directly from Telegram while maintaining control of their assets. It integrates with self-custodial wallets, ensuring users retain complete control over their keys and assets.
The platform employs KnightSafe, a decentralized security system, to safeguard trading activities. It provides a range of trading tools, including automated sniping, limit orders, copy trading, and yield optimization, accessible to users of all trading experience levels.
Bitbot presale nears $3 million
In recent developments, Bitbot’s presale is rapidly approaching the $3 million mark. The presale, which offers investors the opportunity to acquire $BITBOT tokens, Bitbot’s native utility coin, has garnered significant interest from the crypto community raising a total of $2,900,178 by the time of writing.
Investors can purchase the $BITBOT token at the current price of $0.0171 per token before the price increases to $0.018 in the next stage.
Investors can participate in the presale by importing or creating a smart contract wallet directly via Telegram and once the presale period concludes, investors can claim their $BITBOT tokens via Bitbot’s official website.
$BITBOT token holders stand to benefit from revenue sharing, exclusive presale access, unique perks, a say in Bitbot’s strategic direction through governance, and more.
Conclusion
SEC’s legal action against Geosyn Mining highlights the importance of regulatory compliance in the crypto industry, while Bitbot’s presale success underscores the growing demand for innovative trading solutions in the crypto market.
As Bitbot continues to revolutionize crypto trading, investors eagerly anticipate the platform’s future developments and expansion.
-
Dogwifhat (WIF) price forecast amid pullback as Algotech’s ALGT token presale nears $4M
- Dogwifhat (WIF) price dips 14.35% to $3.31 in a day; however, still 51% higher than a month ago.
- WIF price is projected to surge to $4.2 if it holds the current support level.
- Algotech’s $ALGT presale raises $3.7M; token priced at 0.08 tether.
Dogwifhat (WIF) has experienced a significant price pullback causing concern among investors.
As WIF retraces, investors are turning to new crypto projects like Algotech that are offering investment opportunities with their presale stages.
Dogwifhat (WIF) price pullback causes concern
Dogwifhat (WIF) has faced a notable downturn, with its price plummeting by 14% within a day, marking the largest single-day price drop over the past seven days.
At present, the token is trading at $3.31, marking a substantial decline from its peak of $4.8189 reached on March 31, 2024.
Despite this pullback, Dogwifhat’s price remains 51% higher than a month ago, showcasing its overall growth trajectory although investors are starting to get worried about what the future holds.
Dogwifhat price prediction
There are mixed sentiments regarding Dogwifhat’s (WIF) price forecast.
While the recent pullback has dampened hopes of the token reclaiming its $4 mark soon, some analysts remain optimistic about its long-term trajectory.
With the broader crypto market undergoing consolidation ahead of the Bitcoin halving, there’s potential for WIF to regain momentum and surpass the $4 threshold again.
Some analysts like Pando believe it is just a matter of time before WIF regains its bullish trend, especially seeing that the RSI indicator is almost at its bottom.
My prediction is, starting tomorrow we will begin to see the rise of $WIF. NFA DYOR. But look at the 4hr graph with the RSI on. RSI starting to reach the bottom. pic.twitter.com/9216aJCXTl
— Pando on Solana (@PandoTrades) April 5, 2024
According to Zer0, the WIF token is sitting in an interesting position and if it holds the $3.5 support level, it could easily hit $4.2 soon.
$WIF sitting in an interesting spot
Retesting previous breakout level
You want $3.5 to hold and get a MSB above $4.2 soon
Study low volume sell-off in price discovery
The hat stays on pic.twitter.com/7kLmbMATeC
— Zer0 🕊️ (@degengambleh) April 4, 2024
However, bears persist, there are fears that the once very popular Solana-based memecoin could drop to around $2 in the next few days.
$WIF Price Prediction
If WIF breaks to the south of its mid-March highs and 21DMA, a potential drop all the way to support in the $2.0 area is on the cards. That could mean a further near 45% drop from current levels. pic.twitter.com/DAYD10umMP
— Dendy (@tutdenizka) April 5, 2024
Algotech: redefining crypto trading
Algotech emerges as a leading player in the crypto trading sphere, offering a cutting-edge decentralized algorithmic trading platform.
Powered by advanced algorithms and machine learning capabilities, Algotech empowers traders to navigate complex markets with efficiency and precision.
The platform’s native token, $ALGT, serves as a gateway for investors to participate in Algotech’s ecosystem and benefit from its innovative trading solutions.
The $ALGT token plays a crucial role in Algotech’s ecosystem, providing investors with voting governance rights and ownership stakes in the platform. Moreover, early investors in $ALGT stand to receive dividends from the profits generated by Algotech’s trading strategies, which encompass futuristic approaches such as hedging and mean reversion.
This unique model incentivizes investor participation and aligns interests towards the platform’s growth and success.
Algotech presale
Investors have shown significant interest in the ongoing Algotech presale, with the total raised amounting to $3,723,875.680 so far.
The presale presents an opportunity for investors to acquire $ALGT tokens at the current stage price of 0.08 tether, with the price set to increase to 0.10 tether in the next stage.
With a minimum purchase requirement of $25, investors of all levels can participate in Algotech’s vision of revolutionizing trading through cutting-edge technology. The presale accepts various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and others.
Conclusion
As Dogwifhat (WIF) navigates through the current price retracement, investors remain optimistic about its long-term prospects, buoyed by positive price predictions and market dynamics.
Concurrently, Algotech’s $ALGT token presale continues to gather momentum, offering investors an opportunity to participate in the future of algorithmic trading.
With both entities poised for growth and innovation, the crypto landscape awaits exciting developments in the coming months.
-
Ethereum and Bitcoin drive crypto market surge; Pullix PLX token presale nears end
- Ethereum (ETH) surged above $3400, driven by Bitcoin’s rise.
- Pullix pre-sale ending soon; PLX to list on Uniswap, BitMart.
- Investors eying Ethereum (ETH) and Pullix (PLX) amid the bullish crypto market.
The cryptocurrency market is experiencing a significant surge, propelled by impressive gains in Ethereum (ETH) and Bitcoin (BTC). Ethereum has seen a remarkable increase of over 17% in the last week, reaching $3,470.73.
Ethereum’s price surge can be attributed to the generally bullish sentiment in the crypto market largely attributed to the positive performance of Bitcoin, which has surged by 21% since Monday, trading at $62,807.02 at the time of writing.
As the cryptocurrency market witnesses a bull cycle, the presale of Pullix’s native token is a few days to its end awaiting listing on two crypto exchanges.
Ethereum’s price surge and market dynamics
Ethereum’s recent price surge is a testament to its resilience and growing popularity in the cryptocurrency market.
With a surge of over 10% in the past two days, ETH has demonstrated strong momentum, driven by bullish market sentiment and increasing demand from investors. The major driver behind Ethereum’s rise, as with other altcoins, remains Bitcoin, which continues to dominate the market and influence price movements across the board.
Factors such as the growing adoption of decentralized finance (DeFi) applications and the upcoming Ethereum 2.0 upgrade, which aims to improve scalability and security, have also contributed to Ethereum’s positive performance.
Additionally, Ethereum’s role as a platform for decentralized applications (dApps) and smart contracts further enhances its utility and value proposition, attracting both developers and users to the ecosystem.
Pullix: introducing a new hybrid crypto trading platform
Amid the cryptocurrency market surge, Pullix emerges as a promising player in the space.
Pullix is a new DeFi protocol that is launching a hybrid exchange, seamlessly blending the strengths of centralized and decentralized exchanges into one unified platform. The platform introduces the concept of “Trade-to-Earn,” empowering users to earn a portion of the daily revenues generated by the exchange through its native token, PLX.
Pullix aims to disrupt the status quo in the crypto trading industry by offering innovative features such as passive income through staking PLX tokens, trading discounts, and exclusive rewards from daily revenue. The platform’s roadmap outlines ambitious plans for development, including completing the presale, launching the PLX token on decentralized and centralized exchanges, and beta launching the platform for users.
PLX presale nears end; listing on Uniswap and BitMart await
As the presale for the PLX token nears its end, investors have an opportunity to participate in Pullix’s vision and secure their stake in the platform’s ecosystem. The presale, which accepts various cryptocurrencies including Bitcoin, Ethereum, USDT, and others, has garnered significant interest from the community, reflecting confidence in Pullix’s potential.
The presale, which is currently in its last presale round dubbed ‘Bonus Round’ offering PLX at $0.14, has successfully raised $8,700,672. The last stage is over 47% sold out and investors still have an opportunity to participate with three days remaining. to participate, visit the Pullix website.
The PLX token, designed as the utility token of the Pullix ecosystem, offers a range of benefits to holders. These include passive income through staking, trading discounts of up to 60%, and exclusive rewards derived from the daily revenues generated by the Pullix exchange.
The anticipation builds as the PLX token is set to launch on Uniswap on March 4th, 2024, followed by a listing on BitMart on March 7th, 2024. After the Uniswap launch, the team plans to lock the liquidity pool for 24 months, ensuring stability and mitigating potential risks.
Is it the right time to invest in Ethereum and Pullix?
With Ethereum and Bitcoin leading the market surge and Pullix presenting an innovative approach to crypto trading and investment, investors may be wondering if now is the right time to invest. While past performance is not indicative of future results, the positive momentum and promising developments in both Ethereum and Pullix suggest potential growth opportunities.
As always, investors should conduct thorough research, assess their risk tolerance, and consider their investment goals before making any decisions. With the cryptocurrency market’s inherent volatility, it’s essential to approach investment opportunities with caution and diligence.
