Only the core important content:
1: Floki went up after the airdrop on the 30th, and People went up on the day of the election debate on September 10th
2: Next week, Nvidia will release its financial report. The AI sector is likely to rise collectively. Pay attention to $LPT $ARKM $RENDRR $FET
3: CZ release from prison is good for Binance’s son system. The second wave of speculation may come 3 to 4 weeks in advance. Catch the leader Binance system leader $CAKE Pay close attention and wait for the retracement to enter
4: $TRX successfully launched the meme platform, and other public chains such as matic ftm avax callbacks can also be focused on
5: Vitalik tweeted yesterday that he would reforge the glory of Ethereum. Vitalik is optimistic about ENS again. If you have the conditions, you must stock up some ENS. Stock up when the price is low.
Before Powell's speech, judging from the current market trend, the overall market trend will be in the range of 59500-61500, ether will fluctuate in the range of 2570-2680, sol will continue to fluctuate in a narrow range, and will be in the range of 140-146 as a whole. Now the overall market trend is general, various sectors in the financial field, especially the dog dealers are also waiting for Powell's speech tonight.
Before the big bull market comes, it is worth buying 5 kinds of Altcoin with 10-100 times the potential!
1. FLOKI
Although FLOKI is trading below the 200 exponential moving average (EMA) on the daily timeframe, it remains bullish. On the daily timeframe, FLOKI has broken out of a bullish Double Botto price action pattern and is currently retesting the breakout level.
After a breakout, FLOKI has a high chance of rising by 50% to $0.000209. However, during the upward momentum, it might face resistance near $0.0001611.
Besides the bullish outlook for FLOKI based on price action and technical analysis, another factor driving its momentum is the partnership announcement that was released on August 21, 2024. According to a post on X, Floki has partnered with SimonsCatMeme to reward users who trade CAT tokens through the FLOKI trading bot.
Additionally, the post states that “1.5% of the CAT supply has been allocated to this campaign, allowing users who trade Simon’s Cat tokens through the Floki Trading Bot to earn back their trading fees, and potentially even more.”
2. AVAX
With this latest announcement, the world’s largest crypto asset manager now offers more than 20 crypto investment products. With the latest announcement, the trust allows investors to invest in Avalanche (AVAX).
Following the announcement, Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, said: “The launch of Grayscale Avalanche Trust demonstrates Grayscale’s ongoing commitment to providing investors with innovative opportunities to participate in exciting developments in the crypto ecosystem.”
However, the company also noted in a report that the trust is now open for daily subscriptions to qualified accredited investors. In addition, the trust will operate like a single asset investment and focus on Avalanche (AVAX).
AVAX remains bullish despite trading below its 200 exponential moving average (EMA) on the daily chart. However, it faces strong resistance near $24.70.
If AVAX closes the daily chart above the $25.50 resistance level, there is a high chance of a 23% increase to $31. Moreover, based on the recent announcement, there is also a chance that the price of AVAX could rise to $50 in the coming days.
3.IMX
In the past 24 hours, IMX price has increased by 5.39% with a trading volume of $34.24 million. It is worth noting that ImmutableX price is about to break through the resistance of its descending wedge pattern, the outcome of which is uncertain.
The SMA indicator shows a bullish convergence on the 1D timeframe. Moreover, the MACD has recorded a continuous upward trend, with its average showing a positive trend. This suggests that the ImmutableX price will continue to rise in the coming period.
If the bulls break above the trend resistance, IMX price will be ready to test its overhead resistance at $1.925.
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