teleren/devto huggingface dataset:
💥PEPE Price Analysis: Can Pepe Reclaim Record Highs As Buy Signal Emerges?
Published: 2024-06-17 18:48:30


🚀 PEPE Price Boosted by SEC Chair's Hint
Over the weekend, Pepe coin received a price boost following hints from SEC Chair about potential approval for spot Ethereum ETF S-1s by summer's end. PEPE traded around $0.0000118 on Monday, marking a 1.4% increase in 24 hours. This revival may embolden PEPE bulls to rally toward previous all-time highs.

📈 PEPE Breaks Out of Ascending Triangle
PEPE's price broke out of an ascending triangle on May 21, reaching a new all-time high before profit-taking pulled it back to $0.00001057. Recently, it found support at a critical resistance-turned-support level, reinforced by a bullish falling wedge pattern. The current level aligns with the 0.786 Fibonacci retracement, typically a strong support.

🔍 Future Outlook for PEPE Price
Gary Gensler's remarks on Ethereum ETFs have spurred optimism among PEPE investors, aligning with historical trends where PEPE price movements mirrored Ethereum's. Santiment data indicates a rise in PEPE holders, with smaller investors potentially reshaping supply dynamics. As Ethereum-related optimism grows, PEPE could see sustained momentum, potentially crucial for its long-term price performance.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/dfwfxs89lwnlx19tuhbk.png)
🚀Bitcoin Notes Major Buying Pressure Despite Dip To $66K, Analyst Hints Recovery
Published: 2024-06-17 18:47:59



📉 BTC Registers Significant Buying Pressure

The Bitcoin (BTC) price recently fluctuated, briefly dropping to $65,000 before rebounding above $66,000. Despite this volatility, market sentiment remains optimistic due to increased buying pressure, notably on platforms like Huobi Global. BTC is holding above a crucial support level, hinting at a potential recovery.

📈 Ali Martinez Highlights Surge in Buying Activity

Crypto analyst Ali Martinez noted a significant surge in buying activity on Huobi Global. Martinez highlighted, “Someone is buying the Bitcoin dip! The BTC Taker Buy Sell Ratio on Huobi Global surged to 545!” This spike in buy pressure indicates bullish sentiment, suggesting a potential upward movement in BTC price.

🌐 Macro Factors and Market Context

Michaël van de Poppe provided insight into recent market movements, noting favorable macroeconomic data in traditional markets like gold and USD. Despite this, recent downturns in the crypto markets have persisted. Economic indicators such as CPI data have been closely watched, influencing market sentiment towards risk-on assets like cryptocurrencies.

💼 Federal Reserve and Market Impact

The Federal Reserve's recent actions and statements, including Chair Jerome Powell’s speech, have also impacted market expectations. Powell’s comments tempered expectations for imminent rate cuts despite positive economic indicators suggesting potential future positivity.

💡 Potential BTC Price Recovery

Despite market turbulence, signs of potential recovery are evident. Martinez emphasized the importance of Bitcoin maintaining above $66,254 to avoid deeper corrections. Additionally, CryptoCon highlighted the 20-week EMA as a critical support level to watch, suggesting cautious optimism amidst ongoing market dynamics.

In conclusion, while Bitcoin faces fluctuations and external economic influences, the current market sentiment leans towards potential stabilization and recovery.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/oj4qrby6spreb67fyvw4.png)
🔥$60k or $80K; Where Bitcoin Price Heading by June End?
Published: 2024-06-17 18:47:11


📉 Bitcoin Price Faces Downturn Amidst Miner and Whale Sell-Offs

For over a week, Bitcoin has experienced aggressive selling pressure, dropping from $71,947 to $66,197, marking an 8.3% pullback. This decline was influenced by pre-CPI data uncertainty, significant outflows from BTC ETFs, whale distribution, and Bitcoin miners’ capitulation. The price broke key support levels, signaling a continuation of the downtrend.

📊 Bitcoin Trading in a Bearish Reversal Pattern

Bitcoin has been consolidating within two parallel trendlines for the past three months, forming a bullish flag pattern—a setup typically seen during strong uptrends to stabilize price action before a higher rally. However, on June 7th, BTC faced a bearish reversal from the upper trendline, indicating potential prolonged consolidation. This downturn led Bitcoin to a 4-week low of $64,936, with the market cap dropping to $1.28 trillion.

💰 Impact of Miner and Whale Activities

Crypto trader Alicharts highlighted that Bitcoin miners sold over 1,200 BTC worth $79.20 million recently, contributing to the price correction. Data from CryptoQuant showed a notable increase in miner selling starting June 10, 2024, correlating with Bitcoin's price decline post-halving adjustments. 

Meanwhile, Bitcoin whales liquidated over 50,000 BTC in the past 10 days, totaling about $3.30 billion, further driving the price downward.

📉 Technical Outlook and Support Levels

Sellers breached the combined support of $66,588 and the 50-day EMA slope, suggesting potential further decline. If the breakdown continues, Bitcoin could test as low as $57,000 by the end of June, seeking support from the lower trendline of the flag pattern. Buyers need a breakout above the flag pattern to regain control, potentially triggering a rally towards $90,000.

In summary, Bitcoin faces challenges from miner and whale activities amidst broader market uncertainties, prompting caution among investors and traders alike.
![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/s9vo9ioniylpy627hpnd.png)
💥dogwifhat Price Analysis: WIF Inside the Coiling Pattern May Push 42% Upswing
Published: 2024-06-17 18:46:27



📊 Dogwifhat Price Analysis
The cryptocurrency market has seen diminished volatility over the weekend, aiming for stability after a recent downturn. Bitcoin has managed to stay above $65,000 without clear signs of a reversal. However, Solana-based memecoin Dogwifhat has gained 5%, surpassing the $2.5 mark. Will this upward trend continue?

📈 Will Dogwifhat Hold $2 Amid Prolonged Market Consolidation?


Dogwifhat has been trading sideways for the past two weeks, bouncing between two converging trendlines. This has formed a symmetrical triangle pattern on the daily chart.

Recent Downturn: Dogwifhat's price fell from $4.08 to $2.2, a 45.85% decline, driven by selling pressure partly due to Bitcoin miners' capitulation.

Potential Upward Movement: Trader Alicharts pointed out that Bitcoin's average mining cost is $86,668. Historically, Bitcoin's price tends to rise above this cost, indicating a potential bullish trend.

With Bitcoin stabilizing above $65,000, Dogwifhat rebounded from the $2.2 support and the triangle’s lower trendline. This resulted in a 9% jump in 48 hours, pushing the price to $2.5. If the pattern holds, Dogwifhat could challenge the triangle’s upper boundary at $3.5, a potential 42% gain. However, the sideways action will persist until the triangle pattern breaks.

📉 Technical Indicators:

EMAs: A bearish crossover between the 50-and-100-day Exponential Moving Averages could accelerate selling momentum and extend consolidation above lower support before a bullish bounce.Vortex Indicator: A notable bearish crossover between VI+ (Blue) and VI- (Pink) indicates that bears still have control over the asset.

In summary, while Dogwifhat shows signs of a potential upward trend, the sideways action and technical indicators suggest that the market could remain cautious. Investors should watch for a break in the triangle pattern for clearer signals.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/0c5u3czq4xsjj6c0ndkh.png)
👇3 Reasons Why Bitcoin (BTC) May Retest $70,000 This Week
Published: 2024-06-17 18:45:53


📈 Bitcoin Mild Resurgence
Bitcoin (BTC) is showing a mild resurgence, rising 0.51% in the past 24 hours to $66,600.62. While this uptick does not confirm a sustained trend shift, it might indicate the start of a price rebound.

🔍 Top 3 Bitcoin Price Rebound Catalysts
Bitcoin has been in a bearish trend since reaching its All-Time High (ATH) of $73,750.07 in March, maintaining a tight range with balanced bull-bear action. Three key factors are crucial for a potential trend shift:

Retail and Whale Transactions:

Trading Volume: Current trading volume is $12,812,056,073, down by 46.85%. For Bitcoin to retest the $70,000 resistance, this volume needs to increase.Large Transactions: Dropped by 35.45% to $30.39 billion, indicating a decrease in significant capital flow.

Social Sentiment:

Social sentiment around BTC gauges interest levels. Currently, it plays a critical role in understanding market enthusiasm and potential price movements.

Spot Bitcoin ETF Impact:

The influence of spot Bitcoin ETFs is significant. Recent outflows, particularly from Grayscale Investments' GBTC, have impacted the market. A shift in this trend could drive Bitcoin back to higher price points.

🚀 How High Can Bitcoin Soar?
With Bitcoin about 9.7% below its previous ATH, the expectation is a potential rise above this level soon. 

Analysts have varying projections:

PlanB (S2F Model): Predicts BTC could reach $500,000 by 2025.Robert Kiyosaki ("Rich Dad Poor Dad" Author): Foresees BTC soaring to $350,000 by August.

📊 Short-Term Outlook
Bitcoin might retest the $70,000 mark in the coming days, driven by the factors above. Analysts remain optimistic, anticipating a potential rebound and new highs in the near future.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/ba77y8c49f6iynd3jmh5.png)
👀 ETH/BTC Price Prediction: When Is Ethereum Price Poised Reach $4,200?
Published: 2024-06-17 18:45:22


📈 Ethereum Price Surge
Ethereum jumped 8% over the weekend, dipping to $3,362 before climbing. By Monday, ETH hovered around $3,586, marking a 1.2% 24-hour increase but a 2.7% drop over the past week. Meanwhile, Bitcoin remained in a consolidation zone, awaiting a directional move.

🔍 ETH Price Prediction: Bulls vs. Bears
Last week, ETH fell continuously for 8 days from $3,878 to $3,362, breaking critical support at $3,650. Bulls utilized strong support between $3,400 and $3,250 to start an uptrend. ETH now faces a challenge breaking above the $3,600 resistance. If successful, prices could rise to $4,216, with resistance at $3,800 and $3,900.

📊 Bitcoin at Crucial Support
Bitcoin is trending around key support at $65,000. A clean break below could drop BTC to $57,000, but strong support could push it to $72,500 or higher, potentially reaching new all-time highs.

📢 Spot ETF Approval Anticipation
SEC Chair Gary Gensler hinted at a likely Ethereum ETF approval by the end of summer, possibly causing the weekend price reversal. Ethereum blob usage has been rising, improving Layer 2 transaction efficiency and reducing congestion.

📝 Bottom Line
Spot ETFs historically boost crypto prices. As summer ends, the market watches for Ethereum Spot ETF approval. Investors are in a "buy-the-rumor" phase, anticipating ETF approval.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/60s7h42e2d80kxfk4tzh.png)
🔥Bitcoin Price: Expert Foresees Continued Bull Market Despite $4B BTC Selloff
Published: 2024-06-17 18:44:45



The Bitcoin (BTC) price is currently holding just above $66,000 after dropping to $65,000 last week due to significant selloffs by Bitcoin whales and miners. These selloffs amounted to over $4 billion, yet analysts remain optimistic about Bitcoin’s future.

📉 Whales & Miners Selloff
On-chain data from Santiment shows Bitcoin whales sold over 50,000 BTC (approx. $3.30 billion) in the ten days before the recent correction. Miners also contributed by selling over 1,200 BTC ($79.20 million). Despite this, analysts believe the bull market is still intact.

📊 Analyst Optimism
CryptoQuant CEO Ki Young Ju noted, “Bitcoin traders’ average entry price is $47K. Even with a 27% drop, it can still be considered a bull market.” He remains long-term bullish, suggesting the recent 9% pullback from $71,500 isn’t significant enough to end the bull market.

⛏️ Mining Cost Insights
Crypto analyst Ali Martinez highlighted that Bitcoin’s average mining cost is $86,668, stating, “Historically, BTC always surges above its average mining cost!” The recent Halving event reduced block rewards, increasing mining costs but potentially driving prices up due to reduced supply.

🚀 Future Prospects
Martinez believes Bitcoin will soon surpass its average mining cost, prompting miners to hold rather than sell, reducing selling pressure and driving prices higher. Despite short-term profit-taking, analysts expect an unprecedented surge once prices exceed mining costs.

📉 Current Market Stats
At press time, BTC price is down by 0.39% to $66,004.88 with a market cap of $1.30 trillion. The 24-hour trading volume surged 39.29% to $16.95 billion. Long liquidations exceeded shorts, creating downside pressure, with $5.89 million in long liquidations and $3.93 million in shorts.

Overall, while recent selloffs indicate short-term adjustments, the sentiment among analysts remains positive for Bitcoin's long-term trajectory.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/mg3omlxti9iqtxg2ox7s.png)
🤑Polygon logs 200% hike in THIS key metric: Can it help MATIC?
Published: 2024-06-17 18:44:16


While Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have garnered attention due to ETFs and memecoins, Polygon (MATIC) has seen significant growth since the beginning of the year.

📈 Activity on the Rise
Data shows a 200% increase in daily active addresses since the year began. Despite this, MATIC's price fell by 19%. After a period of sideways movement, MATIC exhibited a bearish trend, forming lower lows and lower highs. For a reversal, MATIC needs to re-test and break past $0.6346 and aim for $0.6886. The RSI at 52.65 indicates some bullish momentum, but the negative Awesome Oscillator (AO) signals weaker short-term movement.

🔗 MATIC’s On-Chain Signs
On-chain metrics reveal positives for MATIC. Network growth has increased, indicating more new addresses accumulating MATIC. The increased velocity suggests more trading activity. However, large holders are selling, while retail interest drives the recent growth.

📉 Trader Sentiment
Retail spot traders show interest in accumulating MATIC, but futures and options traders are less enthusiastic. Coinglass data reveals a significant drop in Open Interest for MATIC since April 1.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/norgdfmnuzv2nlprd133.png)
💥XRP Whale Dumps 31M Coins Amid Price Dip, What’s Next?
Published: 2024-06-17 18:43:52


XRP, the Ripple-backed cryptocurrency, saw significant whale activity as nearly 31 million XRP coins were offloaded to centralized exchanges amid a recent price recovery. This has raised investor concerns about future price movements.

🐋 XRP Whale Activity and Market Impact
Massive token dumps to exchanges are seen as bearish indicators, increasing supply and potentially lowering prices. Data from Whale Alert revealed a whale transferred 30.350 million XRP ($14.53 million) to Bitstamp and another CEX, causing bearish sentiments and increased selling pressure.

📉 Current Market Conditions and Future Prospects
XRP's price is currently $0.4872, with a 24-hour trading volume of $661.7 million, reflecting a -0.38% decline in 24 hours and -2.04% over the past week. Despite the dip, positive news around the XRP Ledger (XRPL) and plans for a new stablecoin, RLUSD, have fostered cautious optimism.

📊 Market Metrics
The futures open interest (OI) increased by 0.21% to $416.1 million, and derivatives volume jumped by 5.16%. The Relative Strength Index (RSI) near 47.04 indicates downside pressure but suggests a potential rebound if it moves into oversold territory.

Overall, while XRP faces current selling pressure, robust market interest and developments within XRPL could lead to future price recovery.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/50cqpg09e2ygqivm59rj.png)
🔥Dogecoin: Should You HODL Or Fold? Dev Sounds The Alarm
Published: 2024-06-17 18:43:22


The world of cryptocurrency can be alluring yet intimidating, especially for newcomers. While memecoins like Dogecoin surge in popularity, Dogecoin developer Mishaboar urges caution, reminding everyone that crypto investments are a calculated leap, not a blind jump into digital gold.

⚠️ Dogecoin Analyst: Know The Risks
Mishaboar, a respected figure in the Dogecoin community, recently warned via social media about the volatility of cryptocurrencies. He emphasized the importance of risk assessment: “Crypto is highly volatile and risky. Do not gamble with more than you can afford to lose.” This advice is often overlooked by enthusiastic investors who end up getting burned.

🎲 Educated Gamblers vs. Uninformed Enthusiasts
Mishaboar calls crypto investment "educated gambling." While acknowledging the thrill and potential returns, he stresses the need for education: “It’s okay to gamble, but do it responsibly after understanding the risk/reward ratio.” This echoes Justin Bons, founder of Cyber Capital, who likened memecoin investments to gambling.

🛡️ Protecting Newcomers
Mishaboar's primary concern is protecting newcomers from the crypto landscape's pitfalls. Many new investors buy and trade coins without fully understanding the risks, leaving them vulnerable to manipulation by unscrupulous actors. He aims to equip newcomers with the knowledge to navigate the crypto space safely.

🔍 Transparency and Responsible Innovation
Mishaboar also criticizes the lack of transparency within the crypto industry. He points out that some projects fail to disclose inherent risks, making informed decisions difficult for investors. He advocates for a more responsible approach to crypto development, prioritizing safety and education alongside innovation.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/mc3e9s10xoyoiz8wlj5w.png)
👇3 Ethereum Crypto Losers of the Week: Should You Buy, Sell, or HODL?
Published: 2024-06-17 18:42:51


The global cryptocurrency market has been volatile, with major price changes prompting investors to decide whether to buy, sell, or hold (hodl). This article analyzes three Ethereum tokens, Wormhole (W), Floki Inu (FLOKI), and Worldcoin (WLD), which have seen significant losses this week.

🐛 Wormhole (W)
Losses: 34.74%Current Price: $0.4585Market Cap: $826.01 million
Wormhole recorded a 34.74% loss this week. EMA and SMA indicators show a downward trend, with selling pressure evident in the MACD Level. The RSI is neutral, and Fibonacci support is at $0.3116 with resistance at $0.7879. More declines are possible before a potential reversal.

🐶 Floki Inu (FLOKI)
Losses: 28.52%Current Price: $0.0002061Market Cap: $1.97 billion
Floki Inu fell by 28.52% this week. Both EMA and SMA indicate a bearish trend, with the MACD Level showing selling pressure. The RSI indicates an oversold condition, suggesting a possible buying opportunity. Fibonacci support is at $0.0001608803 and resistance at $0.0003310183, indicating potential stabilization soon.

🌐 Worldcoin (WLD)
Losses: 21.77%Current Price: $3.49Market Cap: $838.78 million
Worldcoin experienced a 21.77% decline. EMA and SMA indicators show a downward trend, with the MACD Level indicating selling pressure. The RSI suggests a potential buying opportunity as the token nears oversold territory. Fibonacci support is at $0.3116 with resistance at $0.7879, hinting at potential stabilization or recovery.

💡 Final Thoughts
The market crash has presented opportunities and challenges. For Wormhole (W), strong bearish signals suggest selling. Floki Inu (FLOKI) should be held until clearer signals emerge. Worldcoin (WLD) may be a speculative buy as it could rebound. Always assess your risk tolerance and conduct additional research before making investment decisions. Staying updated and adaptable is crucial in the unpredictable crypto market.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/4ss4lx3v71rg5piy4rj4.png)
3 Top Altcoins Set For The Rally For The First Time Since March
Tags: cryptocurrency
Published: 2024-06-17 18:42:31


March was a bullish month for the crypto market, with many cryptocurrencies reaching new heights. However, the trends have shifted, and bears are now dominating. This presents an opportunity to buy altcoins low and sell when conditions improve. Here are some altcoins to consider before they rally again:

📈 Avalanche (AVAX)
Avalanche's native token, AVAX, has been declining since its March peak of $146.22. Currently priced at $30.20 with a market cap of $11.8 billion, it’s poised for a potential rally as market conditions improve.

🚀 TRON (TRX)
TRON has been slowly rising this month, currently at $0.1152 with a market cap of $10 billion. It reached $0.1422 in March, and analysts predict a possible rally in the upcoming altcoin season, targeting values near its all-time high of $0.3004.

💹 Brett (BRETT)
Brett recently hit an all-time high of $0.1939. Now at $0.1413, it’s 28% below its peak but has high potential for a recovery or even a bigger rally due to increased market demand.
Other altcoins are also poised for a rally once the market recovers, with Avalanche, TRON, and Brett leading the way.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/q2zcuy9dsrj4pkx8kzv8.png)
🚀Top Crypto Gainers & Losers of The Week
Published: 2024-06-17 18:38:24


The bullishness of the crypto market is waning, with the fear and greed index turning neutral and Bitcoin prices declining. The global market cap and trading volume are also down. Despite this, some cryptocurrencies managed to gain, while others faced significant losses.

📈 Crypto Gainers of The Week

Oasis (ROSE): Oasis surged 19% this week, now at $0.1246. It's still 80% below its all-time high of $0.5964 set two and a half years ago.
Uniswap (UNI): Uniswap climbed from $8.89 to $11.51 this week, marking a 13% increase and a 58% rise over the month.
Notcoin (NOT): Notcoin added 12% this week, now at $0.0212, with an overall profit of 96% since its launch in May 2024.

📉 Crypto Losers of The Week
Wormhole (W): Wormhole saw a 32% drop this week, now at $0.4611, hitting an all-time low of $0.4397 recently.
FLOKI (FLOKI): FLOKI dropped 25% this week, now priced at $0.0002047, after recently hitting an all-time high of $0.0003462.
ORDI (ORDI): ORDI is down 24% this week to $45.67, after previously being at a high of $96.17, marking a 52% drop.

In this volatile market, declines offer buying opportunities, while surges present chances to sell.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/mkfmfsxtlkyt6knypet9.png)