“Check What Humint and Techint Has to Say About the Price Tradetory of BTC and Majoor Meme Coins.”, – WRITE: www.coindesk.com
BTC, The Leading Cryptocurrency by Market Value, Briefly Topped $ 95,000 Soon Before Press Time, The Highest Since March 2, Coindesk Data Show. The Move Comes Three Days After Prices Crossed Above the Ichimoku Cloud Momentum Indicator, Signaling a Bullish Shift in the Market Trend.
BTC’s Daily Chart. (TradingView/Coindesk)
Supporting the Constructive Outlook Are The Consecutive Daily Candles with Long Tails (Marked by Box), Suggestive of Buy the Dip Mentality, and The Upward-Sloping Five-. Additionally, The Daily Chart Macd Histogram Prints Higher Bars Above the Zero Line to Suggest Strengthaning Upward Momentum.
In Other Words, The Path of Least Resistance Is Likely on the Higher Side, Hinting at A Continued MOVE HIVER TO $ 100,000, Which Is Also The MOST POPULAR CALL OPTION STIBIT. The Bullish Outlook Risks Negation Below $ 88,800, The Former Resistance-Turned-Support.
AI’s Take On Shib and DogeAmid this Bullish Backdrop for Bitcoin, The Coindesk AI Market Insight Bot of Has Identified A Breakout in SHIB, The World’s Second-Largest Meme Coin, Suggesting Increated Risk
“Bitcoin’s Rise Above $ 92k Has Trigger Increated Memecoin Trading, With Shib Breaking Out of A Year-To-Date Falling Channel and Showing Bullish Technical Indicators,” The Bot. “SHIB HAS DEMONSTRATED EXCEPIONAL VALATITY WITH A 15.6% PRICE FLUCTUATION, ESTABLINGING STRONG SUPPORT AT 0,00001225 After Bottoming on April 21.”
Shib’s Daily Price Chart. (TradingView/Coindesk)
The Chart Shows that shib have to have the Trendline, Characterizing the Year-To-Date Downtrend and Is Looking to Establish a footoring about the ichimoku Cloud, Following Btc’s Load. That would confirm the Trend Reversal Higher.
Meanwhile, Doge, The World’s Leading Cryptocurrency by Market Value, Could Soon Follow Suit, with The Ai Bot Pointing TovTor Acumulation at AROUND 18 CENTS.
“Recent Price Action Shows Consolidation Above 0.180 with Dectorying Volatility, Suggesting Accumulation Before [bullish] Continion, “The Bot Said.
Doge has risen over 35% Since Probing Lows Under 13 CENTS ON April 7.
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