Maxdmaximum

#doge⚡ #DogeForever
$DOGE
Dogecoin whales slowdown, DOGE price could reactLarge wallet investors (whales) typically influence an asset’s price trend. A slowdown in their activity on-chain is typically considered a sign of likely correction in the token. When whales accumulate, it fuels demand and pushes price higher. Similarly, profit-taking increases selling pressure on #doge⚡ .

As large transactions in #doge reduce it is either a sign of a loss in trader interest or a slowdown in activity in the meme coin. Data from IntoTheBlock shows the spike and the drop in large transactions, in terms of volume and number both.
A daily candlestick close above the high of $0.1364 could invalidate the bearish thesis and send DOGE to test the resistance zone in the Fair Value Gap (FVG) between $0.1583 and $0.1489. DOGE could rally towards the 50% Fibonacci retracement of its decline from the March 28, 2024 high of $0.2288 to the August 5, 2024 low of $0.0805.

ETHEREUM SHOWS SOME SIGNS OF OPTIMISM
$ETH
#ETH🔥🔥🔥🔥
A joint report from Coinbase Institutional and Glassnode published on Wednesday highlights some signs of optimism for Ethereum.
The reports show that Ethereum has regained a substantial market share of fees among fee-earning layer-1 (L1) blockchains, rebounding from a low of 9% in late August to a 40% high in late September. This rise indicates greater blockchain usage of Ethereum’s network.

$BTC
Bitcoin ($BTC #BTCUptober #) is trading slightly down around $67,000 on Thursday after a 7.5% rally since Monday. CryptoQuant’s weekly report supports continued upward momentum for the main crypto asset, highlighting the increasing demand for BTC in a week in which US-listed spot ETFs have registered inflows for three consecutive days. Rising demand and reports pointing that BTC price could further increase have fuelled optimism around the “Uptober” narrative, as October has traditionally been a strong month for investors. #BTCUptober #btc73k #BTC☀

TESLA MOVED $7600M WORTH OF $BTC
Arkham Intelligence data shows that Tesla has moved $760 million worth of Bitcoin into other wallets since Tuesday. This transfer of funds is still unclear if it’s internal shuffling or selling.
Even if they sold, the impact would be slightly more than half of the German government’s. Their realized profit was $816 million, while Tesla’s is $515 million as of today,” said Ki Young Ju, founder and CEO of CryptoQuant,

BITCOIN, ETHEREUM AND XRP $UPDATES

$BTC $ETH $XRP
Bitcoin trades at $67,780 at the time of writing on Wednesday. The largest crypto by market capitalization recorded $371 million in inflows on Tuesday, signaling institutional investor interest returns.
Ethereum is back above $2,600, gaining nearly 1% on the day. The second-largest cryptocurrency’s role could “grow dramatically,” according to BlackRock CEO Larry Fink’s recent statement.
XRP holds steady above $0.54 on Day 2 of the Ripple’s annual flagship event, Swell 2024.

#doge⚡ #TrumpDeFi $DOGE D
Dogecoin (DOGE) extends its upward movement for the sixth consecutive day and rises nearly 7%, trading at $0.1261 at the time of writing on Wednesday. DOGE could extend gains by another 5% and climb to the September 28 high of $0.1321.

Supporting the bullish thesis, the Moving Average Convergence Divergence (MACD) indicator shows green histogram bars, signalling DOGE price trend has an underlying positive momentum.
A daily candlestick close under the 50-day EMA could invalidate the bullish thesis and send DOGE’s price to collect liquidity at Tuesday’s low of $0.1101.

Bitcoin (BTC) extends its gains on Tuesday, trading above $67,000 after a 5% rally on Monday, driven by robust demand reflected in over $555 million in inflows into US Bitcoin Spot Exchange Traded Funds (ETFs), as well as a Tuesday report from crypto asset trading firm QCP that underscores growing optimism for BTC. This all suggests a potential rally in the coming days.#BTCUptober

Bitcoin is really doing Well 60K before Match