What’s Happening with $PEPE ?

PEPE and Memecoin Projects

Key Inferences for Investors#
Pepe, an Ethereum-based memecoin, has surged to an all-time high following a 27% increase over the past 24 hours, fueled by speculations of the potential approval of spot Ethereum exchange-traded funds (ETFs) in the United States. Crypto investor Matthew Hyland highlighted in a May 21 post that PEPE stands out as a significant player in the Ethereum ETF scenario.

Crypto investor and analyst Kaleo remarked on the peculiar movement of Ethereum and noted that PEPE has emerged as a prominent trading pair in hindsight. Ethereum saw a 23.28% rise to $3,785 recently due to renewed optimism that the Securities and Exchange Commission might approve Ethereum ETFs by the upcoming May 23 deadline. This unexpected development has stirred the crypto community.

According to CoinMarketCap, PEPE is currently trading at $0.00001387, reflecting a 23.48% increase in the last 24 hours. Crypto analyst Plazma expressed confidence that PEPE’s upward trajectory would persist, though he warned of potential short-term volatility. On May 21, Plazma shared, “PEPE price discovery will continue over the next few weeks, with normal breaks and usual pullbacks. We will reach 2x-3x in just a few weeks.”

PEPE and Memecoin Projects

CoinGlass data reveals that PEPE’s Open Interest (OI)—the total value of all outstanding PEPE futures contracts on crypto exchanges—jumped by 40% to $172.96 million in the past 24 hours. An OI surge usually indicates increased investor confidence in future positions in the cryptocurrency sector, with a notable number of long positions observed.

If PEPE’s price were to drop by 6%, approximately $10 million in long positions would face liquidation. Among the top 10 memecoins by market cap, PEPE led the recent price surge, but other memecoins also saw significant gains last week—BONK soared by 40.80%, Floki by 21.94%, and Book of Memes (BOME) by 25.04%.

Key Inferences for Investors

PEPE’s performance is closely tied to Ethereum ETF approval speculations.

An increase in Open Interest suggests growing investor confidence in PEPE.

Market volatility may present opportunities for short-term traders.

Investment in memecoins like PEPE should be approached with an understanding of potential risks and rewards.

In conclusion, the surge in PEPE’s value underscores the influential role of market speculation and investor sentiment in cryptocurrency valuations. While the potential approval of Ethereum ETFs drives current enthusiasm, investors should remain cautious of inherent market volatility.
#BinanceLaunchpool #altcoins #ETHETFS

$DOGE

$VET

$RLY

$BNB

Best Cryptos To Buy for the Biggest Returns This Bull Market DTX Exchange (DTX): Innovative All-in-One Trading Platform To Fuel Rally To $1Solana (SOL) Pumps, New All-Time High Around the CornerBNB (BNB) Rebounds Closes in on $720Dogecoin (DOGE) Whales Go on Buying Spree Expecting a RallyVeChain (VET) Eyes Potential Rally To $0.50The Best Crypto Investment of the Year
The crypto market is back in an upward trend after being in the red for more than two months now. Bitcoin is setting up for one of the biggest bull runs in crypto’s history, as it mirrors the 2017 bull run. Therefore, the majority of market experts are reviewing their expectations of this year’s bull market.
Based on the forecasts for this bull market, DTX Exchange (DTX), Solana (SOL), VeChain (VET), BNB (BNB), and Dogecoin (DOGE) are among the top crypto coins to buy. Let’s find out which of these altcoins will give you the biggest profits.
Best Cryptos To Buy for the Biggest Returns This Bull Market 
Quant analyst PlanB, in his latest analysis, has said that Bitcoin is flashing ‘2017 Vibes.’ This means that we are set for a massive price surge this year. With gains expected across the market, which of these top 5 cryptocurrencies will record the biggest ROI?
DTX Exchange (DTX): Innovative All-in-One Trading Platform To Fuel Rally To $1
DTX Exchange (DTX) is a hybrid new cryptocurrency trading platform that is gaining popularity in the crypto market. DTX Exchange aims to be an open, secure, and technologically advanced trading platform with the best features of DEXs and CEXs.
The DTX Exchange non-custodial policy does not allow for the holding of client’s funds, which significantly improves security in digital operations. This approach guarantees that users can remain in full control of private keys and funds residing in wallets to eliminate the incidents of hacks and improper utilization of users’ assets.
However, it gets even better as the exchange offers up to 120,000 assets, more than other exchanges. These assets cut across the forex, stocks, bonds, crypto, and commodities markets, giving DTX users a wide range of investment options. There has been a lot of buzz about DTX after the team behind the project announced a $1 million giveaway to users who join now.
DTX Exchange is already performing well in its Stage 2 presale sale, trading at $0.04 per coin and raising over $550,000. The value of DTX tokens is already up by 100% and is expected to hit $1 this year. Unsurprisingly, analysts are this bullish about DTX because of its revolutionary exchange platform that could become the next big thing in the crypto space.
Solana (SOL) Pumps, New All-Time High Around the Corner
Solana (SOL) is one of the cryptos that benefited hugely in the year 2023 and is reaping big as the market slowly advances. From the monthly low of $120 that was established in May, Solana has been able to climb past the $180 mark. According to many analysts, SOL can easily climb further and achieve a new all-time high for this bull cycle.
The pseudonymous trader with the nickname Inmortal stated Solana price chart looks exactly like the Ethereum chart of 2021. According to the calculated predictions of Immortal, it is expected that SOL might rise to $360, which would become a new ATH, by September. Such a rally to this level could open up a chance for this altcoin price to cross the $500 mark this year.
BNB (BNB) Rebounds Closes in on $720
Binance coin (BNB), the token linked to the Binance exchange, has recently posted some positive signals. Beginning from a low of $540 per month, BNB has risen above $620, putting it on the list of most performing altcoins for the month. This bounce is an affirmation that BNB has sustained the local uptrend on the weekly time frame.
So if this altcoin is to continue to move up and remain on the upward slopping trend line, then such altcoin could possibly reach $720 within the next two weeks. Nevertheless, in order to reach this price target, bulls have to transform the $650 and $680 resistance levels into supports.
Dogecoin (DOGE) Whales Go on Buying Spree Expecting a Rally
Dogecoin (DOGE) is among the most popular altcoins traders hope to see an enormous price surge in this bull market. According to the data from Santiment, DOGE whales have been bullish in the last few weeks, accumulating more than $150 million of the meme coin.
Due to the increasing interest in DOGE, experts have predicted that the Dogecoin price could surge in the future this year. In the case of DOGE, Kaleo has suggested that it could follow the same path as it did in 2021 and reach new ATHs this year.
VeChain (VET) Eyes Potential Rally To $0.50
VeChain (VET) has moved past its obstacles in surpassing resistance levels and now looks poised for a massive upward move. Following its recent rally above $0.03700, Crypto EA has spotted a very bullish signal on the VET charts. 
According to Crypto EA’s VeChain price prediction, the price of VET has bounced off the lower ring of its Bolinger Bands. Based on historical data, this action could lead to the price of VET surging as high as $0.50 before the year ends.
The Best Crypto Investment of the Year
Undoubtedly, Dogecoin, VeChain, BNB, and Solana are all primed to record major price increases in 2024. However, the unrivaled innovation DTX Exchange is bringing to the crypto trading space gives its native token, $DTX, a bigger chance to outperform the rest of the crypto market.
#BinanceLaunchpool #altcoins #buythedip

What should we Expect?

Table of Contents
New Resistance Levels in SightWhat If Bitcoin Declines?What Do Technical Indicators Say?Key Inferences for Investors
You can also read this news on BH NEWS: Bitcoin Hits New Weekly Peak
Bitcoin, the leading cryptocurrency, has recently experienced a substantial price increase, drawing renewed interest from investors. After establishing a solid foundation above $66,500, Bitcoin’s value swiftly surged past the critical $70,000 resistance level. This move represented an 8% gain, pushing Bitcoin close to the $72,000 mark.
New Resistance Levels in Sight
Bitcoin’s recent surge led to a new weekly peak of $71,979, with the cryptocurrency currently consolidating its gains. The price is facing significant resistance at $71,850, with the first major resistance point at $72,000. Should Bitcoin surpass these levels, it is likely to test the $73,200 resistance level next.
If the bullish trend continues, Bitcoin bulls may push the price towards $74,400, with further gains potentially reaching the $75,000 barrier. However, sustained buying demand will be necessary to overcome these resistance levels.
What If Bitcoin Declines?
As Bitcoin approaches the $72,000 resistance, speculation arises about potential downward corrections if it fails to break through. Should Bitcoin not surpass this critical level, a downward correction might occur, with the $70,500 level and trend line becoming crucial support points.
The initial major support is at $70,000; falling below this could see Bitcoin retreat to the $67,450 support zone. These levels will be vital for monitoring BTC’s initial downward movements.
What Do Technical Indicators Say?
Technical indicators show that the hourly MACD is gaining momentum in the bullish zone, suggesting potential short-term upward movement. Additionally, the hourly RSI for the BTC/USD pair is just below 70, indicating an overbought status and heightening the possibility of a correction. Key support levels are $70,500 and $70,000, while resistance levels are $71,850, $72,000, and $72,500. Breaking the $72,000 level could be crucial for Bitcoin to reach new highs.
Key Inferences for Investors
Monitor Bitcoin’s attempt to break the $72,000 resistance closely.Be aware of the critical support levels at $70,500 and $70,000.Consider potential upward targets at $73,200 and $74,400.Technical indicators suggest short-term bullish momentum but also an overbought condition.
In conclusion, Bitcoin’s recent price movements have created a buzz among investors, with its ability to break through resistance levels being closely watched. The next few days will be crucial in determining whether Bitcoin can sustain its upward trajectory or face a correction.
The post first appeared on BH NEWS:
#BinanceLaunchpool #BlackRock #BTC #buythedip #bitcoin

Binance Coin Finds Support at Key Level
Table of Content

$BNB
By @David Brightster

Table of Contents
Binance Coin Found Support HereBNB Could Reach $600 LevelWatch These Levels for Binance Coin in a Downward Scenario!
You can also read this news on COINTURK NEWS: Binance Coin Finds Support at Key Level
BNB price recently corrected downward from the $585 resistance area. Along with similar trends in major cryptocurrencies like Ethereum and Bitcoin, we observed BNB trading below $580. However, this downward trend halted at a significant support level of $570.
Binance Coin Found Support Here
BNB/USD pair’s hourly chart highlights a significant bullish trend line associated with this support level around $570. This suggests a potential increase if the price remains above this level. In the coming days, if the price holds above this support level, we might observe a renewed bullish trend.After a good increase, we saw BNB price struggling near the $585 resistance. However, failing to break this resistance led to a downward reaction below the $580 support. The price, which traded as low as $571, is currently consolidating its losses. However, maintaining the crucial $570 support suggests that the price might regain upward momentum in the near term.
BNB Could Reach $600 Level
Looking ahead, if the price rises above the current levels, the $582 resistance area should be closely monitored. A clear move above this level could push the price higher and even test the $588 resistance.
If the price can break this resistance and close above the $588 level, it could gain larger upward momentum and start an upward trend towards the $600 resistance.
Watch These Levels for Binance Coin in a Downward Scenario!
However, in a potential downward scenario, a break below the $570 support level could bring more downside potential and direct the price towards the $565 support area. Therefore, in the near term, the trajectory of Binance Coin price will depend on movements around the $570 support level and the $582 resistance level.
If BNB fails to surpass the $582 resistance, the downward movement may continue. Currently, if the BNB/USD pair drops below the $572 level, the first support point is shown at $565. Then, the $562 level and a trend line near it are indicated as another support point.
However, the critical support level is positioned around $550. If the price drops below this level, a decline towards the $532 support may begin. From this point, a larger decline towards the $525 level could occur.
Looking at technical indicators, the hourly MACD is losing pace in the bearish zone for BNB/USD. Additionally, the hourly RSI (Relative Strength Index) is currently below the 50 level. These indicators suggest that the market might gain downward momentum.
#CMEBitcoinSpotTrading #BNB_Market_Update #BTC #buythedip

Table of Contents
BTC/USDBears have seized the initiative on the last day of the week, according to CoinMarketCap.

Top coins by CoinMarketCap
BTC/USD
The price of Bitcoin (BTC) has declined by 0.19% since yesterday. Over the last week, the price has risen by 9.57%.

Image by TradingView
On the hourly chart, the rate of BTC is looking bearish as it is returning to the support level of $66,853. If nothing changes by the end of the day, one can expect a breakout followed by a move to the $66,500 area.

Image by TradingView
On the bigger time frame, the price of the main crypto has made a false breakout of the resistance at $67,482. If the candle closes near its low, there is a chance of a drop to $66,000 the upcoming week.

Image by TradingView
A better situation is on the weekly time frame. The bar is about to close near the $66,900 level.
If bulls can hold the gained initiative, the accumulated energy might be enough for a further upward move to $70,000.
Bitcoin is trading at $66,863 at press time.
#CMEBitcoinSpotTrading #BlackRock