Analysts predict the formation of a tombstone doji may lead to XRP price big dump 40% A cryptocurrency analyst predicts that the price of XRP will experience a big dump of 40%, and the long-awaited pump in the XRP price may soon come to an end. Despite the recent bullish momentum of XRP breaking the $1 mark, the analyst reveals that XRP is showing a gravestone doji pattern, indicating a bearish outlook for cryptocurrency. "Without Worries" Cryptocurrency analyst has released a detailed analysis of XRP PA, predicting a big dump of 40% in the short term. The analyst emphasizes that this 40% drop could happen within a few days, and XRP will witness a significant reversal from recent price highs. According to Cryptocurrency experts, the price of XRP has pumped 150% in the past 10 days, showing an astonishing increase. This pump in price has pushed it to the $1 mark for the first time in three years. Despite these bullish developments, analysts have highlighted several reasons and technical indicators that indicate a potential trend reversal and price adjustment for XRP. In the XRP price chart, analysts have identified and confirmed the gravestone doji, a bearish candlestick pattern that appears at market tops and suggests a possible pullback in price. The gravestone doji candlestick indicates that buyers attempting to push up the XRP price have been overwhelmed by sellers taking profits. Another indicator suggesting that the XRP price may be preparing for a significant pullback is the breakout of the Relative Strength Index (RSI) and the Money Flow Index (MFI) support. RSI measures the speed and change of asset price movements, indicating whether the asset is overbought or oversold. On the other hand, MFI considers both price and volume, highlighting where the money flow is heading. XRP's RSI breaking through the support level indicates a possible reversal in trend due to the market being Overbought. The MFI breaking through the support level (analysts say this is a very noteworthy indicator) indicates that funds are withdrawing from the asset, ultimately indicating a reduction in buying pressure. As mentioned earlier, analysts predict that the XRP price may experience a big dump of 40%, which means the value of Crypto Assets may fall from the current $1.11 to $0.66. In addition to the above factors, market experts also indicate that the price movement of XRP currently exceeds the Bollinger Bands, which are used to measure the price volatility of assets. Analysts reveal that 95% of the price action occurs within the Bollinger Bands. Therefore, prices outside the Bollinger Bands usually signal a pullback or a pullback to the mean point of $0.73. In addition, he pointed out that the Bollinger Bands are curving inward, indicating that XRP buyers may have exhausted, thus increasing the possibility of price reversal. In addition, Cryptocurrency analysts emphasize that most traders are either bullish on XRP or bullish on XRP, which is a Reverse signal for the price outlook of Crypto Assets. While he acknowledges that XRP may continue to pump, the analyst also points out that current indicators suggest this is unlikely. (Data source: Scott Matherson)

Polygon in Danger: Will MATIC Rebound or Fall into a Sub-$1 Slump? Polygon (MATIC), Ethereum's high-speed scaling solution, has been on a rollercoaster ride this month. After a sharp correction in which the MATIC price falls by more than 20%, the surge in the last 24 hours has injected a dose of optimism into the market. But is this a sign of a full recovery, or is it a temporary relief before a further decline? The data paints a sobering picture. MATIC's ranking among the top 20 Crypto Assets has been steadily declining and is currently ranked 18th. This decline coincided with a significant price fall, with MATIC losing more than a quarter of its value in the last 30 days. Analysts such as World of Charts point to the descending channel pattern on the MATIC daily chart, which is a classic indicator for fall trends. For a real price recovery, MATIC needs to overcome a key obstacle: the $0.77 resistance level. A break above this could trigger a bull market to the $1 level, but it won't be easy to pump up. The past 24 hours have given a glimmer of hope to Polygon's longest. Token price surged 5%, briefly breaking the $0.74 mark. This rise coincided with an improvement in the MVRV ratio, which indicates an increase in the number of profitable MATIC investors. In addition, the bullish crossover of the MACD indicator suggests that buying pressure may increase. Beneath the surface, however, some worrying trends remain. Despite the recent price pump, the data shows that Polygon is under significant selling pressure. A significant increase in exchange inflows indicates that investors are transferring Tokens to exchanges, which is often a precursor to a sell-off. This trend is further confirmed by an increase in the supply of MATIC within the exchanges and a decrease in the supply outside the exchanges. Despite the silver lining of the MACD, other technical indicators remain falling. Bollinger Bands indicate Fluctuation dropping, which could be a sign of consolidation before a breakout or price falls further. Both the Money Flow Index (MFI) and the Chaikin Money Flow Index (CMF) fall downward, potentially signaling the end of a short-lived Bull Market Rebound. While Polygon's technological outlook remains uncertain, a complete reversal is not out of the question. Continued positive developments within the Polygon ecosystem, coupled with a broader market recovery, are likely to drive MATIC pump. However, overcoming selling pressure and technical resistance levels is essential for a sustained Bull Market. Investors should exercise caution and keep a close eye on market developments before making any investment decisions. (Source: Christian Encila)

PEPE and FLOKI are two popular memecoins that have shown promising growth in the past 24 hours, recovering from the double-digit losses on April 27th. Despite the initial decline in value and negative market sentiment for these tokens, recent market activity has been favorable for investors. FLOKI has seen a rise of over 2%, while PEPE leads with an 8% growth, indicating a bullish trend. However, technical analysis, such as the Money Flow Index (MFI) and Chaikin Money Flow (CMF), suggests that FLOKI's upward trend may not be sustainable. On the other hand, PEPE shows signs of sustained growth, with over 72% of investors profiting and buying pressure increasing. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) for both coins show bullish signals, but there are concerns about the sustainability of PEPE's upward momentum due to a slight decrease in its MFI.

According to the key technical indicators on the weekly chart of Shiba Inu (SHIB), the token is expected to undergo a long-term bullish trend despite the recent price drop. The Moving Average Convergence Divergence (MACD) indicator of the token shows a bullish signal, while the Relative Strength Index (RSI) and Money Flow Index (MFI) indicate consistent demand. Despite the double-digit price decline, SHIB has seen an increase of 4% in accumulation by large investors in the past 30 days. On-chain data, including SHIB's Market Value to Realized Value (MVRV) ratio, suggests that it is currently undervalued, providing a potential buying opportunity.

According to the report of CoinWorld, the development activities of Polkadot decreased last week, allowing other projects such as Ethereum and BNB Chain to surpass it in terms of development activities. Despite the decline in development activities, Polkadot's network activities have shown significant growth, with a sharp increase in daily active addresses and transaction volume. However, the price performance of DOT has been weak, depreciating by more than 1.5% in the past seven days, and experiencing a 2% decline in the past 24 hours. The funding rate of DOT has risen, indicating a bearish market trend, although the decrease in open interest suggests a possible market shift. The Money Flow Index (MFI) shows a clear rise, suggesting a potential price increase, and breaking above the 20-day simple moving average may indicate a new bull market for this altcoin.

Bitcoin's price has fallen below $64,000, influenced by whale activity and market sentiment, according to CoinDesk. The cryptocurrency has dropped more than 2% and is currently trading at $63,042, with a market cap of over $1.24 trillion. Data analysis from AMBCrypto and Santiment indicates a negative weighted sentiment in the market. Additionally, the surge in whale Bitcoin transactions suggests significant profit-taking, which may be one of the reasons for the recent price decline. Despite the bearish market trend, there are signs of a reversal. The buying sentiment from US and Korean investors is weak, but the decline in Bitcoin's trading reserves and its sharp drop in Network Value to Transactions ratio (NVT) indicate a reduction in selling pressure and potential undervaluation of the asset. Predictions from trained AI models and indicators such as the Money Flow Index (MFI) and Chaikin Money Flow (CMF) suggest a potential upward trend, although the Relative Strength Index (RSI) remains bearish.

BNB: Why it is not impossible for it to rise to $650 next week. BNB's price is about to break through a bullish pattern, which may lead to a 40% increase in the coming days. Last week, BNB demonstrated a hopeful bullish trend, with its price rising by over 8%. At the same time, a bullish pattern appeared on the price chart of the coin. If BNB successfully breaks out of this pattern, its price may experience an upward fluctuation. On the price chart of BNB, a bullish pattern emerged. After a comfortable week of upward momentum, the volatility of the coin decreased, and the increase on the last day was negligible. According to CoinMarketCap data, BNB's price has dropped by 0.5% in the past 24 hours. At the time of writing, its trading price is $608.62, with a market cap exceeding $89.8 billion. However, the volatility of BNB may soon recover. Prominent cryptocurrency analyst Captain Faibik recently tweeted about a bullish symmetrical triangle pattern forming on the coin's price chart. Successfully breaking out of this pattern could lead to a price increase of over 40% for BNB. Investors have shown confidence in BNB and expect its value to rise. This can be seen from the significant increase in its weighted sentiment on April 25. Its social activity also remains at a high level, reflecting its popularity in the cryptocurrency space. Is a bull market inevitable? AMBCrypto subsequently examined other datasets to determine if BNB could successfully test the bullish pattern. Analysis of Santiment's data revealed that BNB's holdings increase as the price rises. This indicates that the bullish trend of the coin may continue. Additionally, its funding rate has dropped sharply. Typically, prices tend to move in the opposite direction of the funding rate, further suggesting the possibility of a bullish trend in the coming days. Technical indicators also appear quite optimistic. For example, the Chaikin Money Flow (CMF) is significantly above the neutral mark of 0, with a current value of 0.15. The good news is that the Money Flow Index (MFI) has seen a sharp increase, increasing the likelihood of a price rise. However, the Bollinger Bands indicate that BNB's price is in a low volatility range, which means that the price of the coin may not experience an unprecedented increase in the short term. Whether it is realistic or not, the market cap of BNB, priced in SOL, is as follows: "". AMBCrypto subsequently checked HyBlock Capital's data to find out potential targets if BNB successfully launches another bullish trend. According to our analysis, BNB must break the key level of $620, as at this level, liquidations will increase significantly. Increased liquidations typically lead to price adjustments. Successfully breaking this level may push the price of the coin above $650.

CoinDesk reports: The DOGE-themed token WIF recently experienced a surge in price, but chart analysis shows a significant downward trend. According to data from CoinMarketCap, the current trading price is $2.98, with a 12% increase over the past week. Technical indicators suggest that the price may soon decline; the squeeze momentum indicator, Awesome Oscillator, and MACD line all indicate a bearish outlook. However, the relative strength index (RSI) and money flow index (MFI) appear to be above the neutral line, indicating an increase in demand for altcoins. The Chaikin money flow (CMF) is currently at a positive 0.10, indicating positive market activity.

币界网报道:Polkadot在4月经历了网络活动的显有减少,其中继链和平行链的月volume将创下今年以来的最低水平。 网络的volume从月1月 40 亿美元dropped to 4亿美元,较March 月的9.16亿美元dropped 56%. 这一下降归因于用户活动的减少,表现为网络上活跃的独立Address数量下降了43%,Polkadot中继链的新用户需求下降了60。 同样,其平行链的活动也下降了,过去25天仅记录到220万活跃Address,而3月份的初峰为600万。 此外,对这些平行链的新需求也减少,过去25天仅有10.1万个新Address,而3月为152万个。 尽管Polkadot的MACD指标显示出一丝Bull Market情绪的复苏,但关键的动量指标表明市场更倾向于抛售,该币的RSI为38.72,MFI为37.20。

Crypto analysts predict the price of TON will reach $6.45 by March 29? Toncoin (TON) has been on a hot streak, surging by double digits in the last 24 hours and up 40% in the last week. This bullish event coincides with the launch of the Ton Foundation Open Affiliate Program, which aims to incentivize users and projects to participate in the TON blockchain. The open league, announced on March 20, promises to distribute 30 million TON tokens (about $115 million) to participants. This large reward pool fuels the enthusiasm of the TON community, attracting new projects and users to join the network. But can this momentum be sustained? Analysts are cautiously optimistic. Technical analysis paints a hopeful picture for TON. The Awesome Oscillator is a tool that measures market trend and momentum and displays a series of green bars indicating an increase in bullish sentiment. In addition, Chaikin Money Flow (CMF), which measures buying and selling pressure, is trending upward, indicating a healthy inflow of liquidity. Crypto analysts predict that the price of TON will reach $6.45 by March 29, implying a possible 30% rise in the next five days, which makes people more optimistic. Toncoin's medium-term outlook also appears to be strong, with a 120% rise in the last quarter. However, despite positive indicators, the cryptocurrency market is known for its volatility. While open leagues have undoubtedly energized the TON ecosystem, it is crucial to acknowledge the possibility of price adjustments. The current RSI and MFI readings are likely to be interpreted as approaching overbought areas, which could signal a temporary pullback. Investors should do more in-depth research before making any investment decisions. The broader cryptocurrency market could have a significant impact on the price of TON. A continued downturn in the industry may dampen TON's rally. In addition, TON's long-term viability depends on the success of its ongoing development projects. Assessing the roadmap and progress can provide valuable insights. Finally, it's crucial to stay up-to-date on potential regulatory changes within the cryptocurrency space, as they could impact the adoption and price of TON. (Source: Christian Encila)

Shiba Inu Price Analysis: SHIB shows bullish potential amid strong resistance at $0.00000900 Shiba Inu price analysis shows that the cryptocurrency is trading in bullish territory. SHIB is trading at $0.000008102 and on the daily chart, higher highs and lows have formed today. The resistance of $0.00000900 remains a key hurdle that bulls need to overcome before targeting the next $0.000009500 level. At the same time, SHIB has a support level of $0.000007700, which can act as a buffer for further losses. If the support level remains firm, SHIB may gradually approach the resistance level and break through the resistance level soon. The recent rally and subsequent downtrend suggest a possible reversal of momentum and could open the door for further price appreciation. Shiba Inu Price Analysis 1-Day Chart: Bulls Are Making a Comeback, Will They Break $0.000009000? According to the daily chart, Shiba Inu price analysis shows that the bullish trend is strengthening. The bulls have recovered from their recent losses and appear to be moving slowly towards the immediate resistance level of $0.000009000. If this level is breached, SHIB could spike to $0.000009500 or higher. Technical indicators such as RSI and MACD show that the bulls are regaining strength. The RSI is located at the 48 index, indicating bullish momentum, while the MACD line is moving towards positive territory. The Money Flow Index (MFI) came in at 57.39, indicating increased buying pressure. If the current trend continues, SHIB may soon break through resistance and target higher levels. Shiba Inu Price Analysis 4-Hour Chart: Recent Developments and Further Signs, SHIB/USD Hourly Chart Shows Increased Buying Pressure. Buyers push for higher levels with the goal of breaking through the resistance level of $0.000009000. Sellers tried to curb the bullish momentum, but were unsuccessful. The MACD indicator is trending higher and is above the zero line, indicating increased momentum. The RSI is also hovering around 41.84, suggesting a break above is expected. The money flow index is still climbing above 21.42, and buying pressure is increasing. Overall, the Shiba Inu price analysis suggests that the bulls are trying to break through the resistance level of $0.000009000. If they succeed, SHIB could soar and soon reach more significant highs. However, buying pressure needs to increase to combat sales pressure and turn it into reality. SHIB needs to close above $0.000007700 and hold there for a while to confirm the uptrend. (Source: John Palmer)

Shiba Inu Price Analysis: SHIB shows bullish potential amid strong resistance at $0.00000900 Shiba Inu price analysis shows that the cryptocurrency is trading in bullish territory. SHIB is trading at $0.000008609 and on the daily chart, higher highs and lows have formed today. The resistance of $0.00000900 remains a key hurdle that bulls need to overcome before targeting the next $0.000009500 level. Meanwhile, SHIB has a support level of $0.000008500, which can act as a cushion for further losses. If the support level remains firm, SHIB may gradually approach the resistance level and break through the resistance level soon. The recent rally and subsequent downtrend suggest a possible reversal of momentum and could open the door for further price appreciation. Shiba Inu Price Analysis 1-Day Chart: Bulls Are Making a Comeback, Will They Break $0.000009000? According to the daily chart, Shiba Inu price analysis shows that the bullish trend is strengthening. The bulls have recovered from their recent losses and appear to be moving slowly towards the immediate resistance level of $0.000009000. If this level is breached, SHIB could spike to $0.000009500 or higher. Technical indicators such as RSI and MACD show that the bulls are regaining strength. The RSI is located at the 56 index, indicating bullish momentum, while the MACD line is moving towards positive territory. The Money Flow Index (MFI) came in at 64.85, indicating increased buying pressure. If the current trend continues, SHIB may soon break through resistance and target higher levels. Shiba Inu Price Analysis 4-Hour Chart: Recent Developments and Further Indications The SHIB/USD hourly chart shows an increase in buying pressure. Buyers push for higher levels with the goal of breaking through the resistance level of $0.000009000. Sellers tried to curb the bullish momentum, but were unsuccessful. The MACD indicator is trending higher and is above the zero line, indicating increased momentum. The RSI is also hovering at 50.33, suggesting a break above is expected. The fund flow index is still climbing above 56.33, and buying pressure is increasing. Overall, the Shiba Inu price analysis suggests that the bulls are trying to break through the resistance level of $0.000009000. If they succeed, SHIB could soar and soon reach more significant highs. However, buying pressure needs to increase to combat sales pressure and turn it into reality. SHIB needs to close above $0.000008500 and hold it for a while to confirm the uptrend. (Source: John Palmer)

ETH Price Prediction: Is Traders Moving Ethereum at Heavy Loss Rate a Bullish Sign? ETH price rebounded from the $1,700 support after retracing from the $1,750 resistance. This week’s rise, while surprising to many, has been welcomed by the cryptocurrency community. Traders became impatient and were willing to sell their wallets at lower prices. If this plunge continues, it means prices may rebound. Investors suffered huge losses in the August sell-off, with Ethereum falling from higher support at $1,800 to $1,545. The capitulation of long positions being liquidated is expected to be the last as the crypto winter begins to usher in a bull run. According to on-chain analytics firm Santiment, ETH’s transaction loss rate spiked as traders showed frustration. This means wallets are “disposing of their tokens at lower prices,” suggesting a “price rally” is likely in the short term. For traders, understanding where and how to position after the sell-off is critical as they prepare for the expected bull run in 2024/2025. Since the immediate support at $1,700 may not hold for long if ETH price delays rising above $1,800, those looking to establish new long positions in Ethereum may want to consider the 200-day exponential moving average (EMA) Confluent support formed around $1,630) and rising trendline. Another buy signal from the Super Trend indicator observed on the chart suggests that bulls are in control. The Super Trend Indicator is a tool for cryptocurrency traders to spot trends and signals. It uses ATR and volatility to change color and direction. Green means buying Ethereum, red means selling. This indicator line also acts as a stop loss level. Given the super trend-tracking ETH price and converging support at $1,630, the path of least resistance must be to the upside. Investors should adopt strategies that allow them to change their strategies and consider the direction of the Money Flow Index (MFI) below the neutral zone midline and into oversold territory. This metric measures the volume of transactions flowing into and out of the Ethereum market. When it keeps falling, it sends a bearish signal, but when it rises above the overbought area above 80, it ensures an uptrend. Also, ETF futures were approved, which "suggests that their views/policies/tolerance may change," said ETF analyst Eric Balchunas. These approvals will be a game-changing event for the ethereum market and could provide liquidity for gains above $2,000 — a move ETH prices need to mark its bullish comeback. (Data source: John Isige)