🐸 #PEPE Price Targets Its Highest Level Since May 2024
PEPE price has been on a strong rally, climbing nearly 60% over the past seven days. The bullish momentum has been fueled by positive technical indicators, including supportive EMA lines and a healthy RSI level.
However, some signs suggest that while buyers remain in control, the intensity of the uptrend may be starting to moderate.
🔸 PEPE’s Current Trend Is Still Strong
PEPE’s ADX is currently at 46.13, a slight decline from over 50 just a day ago. This drop suggests that while the trend strength remains strong, the intensity of the uptrend might be weakening somewhat.
Despite this, PEPE has been in a solid uptrend, climbing 59.69% in the last seven days. This indicates that buyers are still in control, but the momentum could be starting to moderate.
The Average Directional Index (ADX) is a technical indicator used to measure the strength of a trend, regardless of its direction. ADX values below 20 suggest a weak trend, while values above 25 indicate a strong trend. With PEPE’s ADX currently at 46.13, the uptrend remains powerful, although the recent dip in ADX hints that the trend’s vigor might be tapering off.
It suggests that while PEPE is still experiencing bullish momentum, investors should watch for signs that the strength of the move may be losing some steam, which could lead to a period of consolidation.
🔸 PEPE Is Not In The Overbought Stage Anymore
PEPE’s Relative Strength Index (RSI) is currently at 60.56, down from nearly 80 just a few days ago. This decrease indicates that the buying pressure has eased significantly after reaching overbought conditions.
The drop in RSI suggests that while there is still positive momentum, it is no longer as intense as it was recently, and the risk of an immediate correction has lessened.
PEPE’s RSI is currently at 60.56, which means it is no longer in overbought territory but still shows a healthy level of bullish momentum.
{spot}(PEPEUSDT)
Ethereum Foundation đã bán 100 $ETH (334k USD) một lần nữa sau khi công bố báo cáo năm 2024
Đây là đợt bán $ETH đầu tiên kể từ khi Ethereum Foundation công bố báo cáo năm 2024 vào ngày 08/11, cho thấy dự trữ tài sản là 970,2 triệu USD tính đến ngày 31/10, với 788,7 triệu USD tiền điện tử (99,45% là $ETH).
Ethereum Foundation có kế hoạch bán ETH thường xuyên để tài trợ cho các dự án quan trọng và duy trì dự trữ.
Cho đến nay vào năm 2024, họ đã bán 4,266 ETH với giá 11,83 triệu USD với giá bán trung bình là 2,773$.
Hiện ví của Ethereum Foundation vẫn còn hơn 272,000 $ETH (859 triệu USD)
$BTC Вот так — люди, которые не верили в такой рост, стали именно той ликвидностью, которая оплатила это 💭
За пару дней было ликвидировано более миллиарда долларов, так что если вы, как и я, искали ликвидность, чтобы оправдать “to the moon” настроение, то скорее всего ею и стали.
Глядя на карту ликвидаций, появляется радость, что следуя дисциплине, этот АТН благополучно проспала. Однозначно чесались бы руки открыть шорт на 76к, 82к, 85к. Но что еще хуже, я помню, как люди весь 2021 год были в состоянии FOMO, надеясь на повторение ралли, набирали кредиты, чтобы откупить все движения до краха Terra Luna.
Становится очевидно, что мы будем стоять в боковике 90-85к, посмотрим, какие пики будут делать - понижающиеся или повышающиеся.
#bitcoin #xrp #DOGE #BTC
💥💥 BounceBit: Pioneering the Future of CeDeFi with Innovation and Accessibility 👇👇
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Cross-Chain Interoperability:
BounceBit’s cross-chain interoperability bolsters liquidity and scalability within CeDeFi, improving the stability and usability of decentralized networks. This technology supports seamless asset flows, strengthening CeDeFi’s ability to accommodate a broad range of assets across blockchain ecosystems.
BounceClub Ecosystem:
BounceClub fosters a dynamic ecosystem that offers unique user experiences and applications for $BB. This community-driven space provides growth and expansion opportunities, enriching user engagement and fostering innovation within BounceBit’s platform.
Summary:
BounceBit stands at the forefront of CeDeFi, bridging traditional and decentralized finance through cutting-edge technology. Offering stablecoin yields, automated yield management, and cross-chain integration, BounceBit provides secure, efficient services. The BounceClub ecosystem further enriches user experiences, driving growth and innovation.
#BBCeDeFi #Devcon2024
{spot}(BBUSDT)