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The Magic Eden price has plummeted 62% in the past week and 15% in the last 24 hours to trade at $4.26 as of 7:05 a.m. EST on a 20% drop in trading volume to $965 million. ➡️Magic Eden ($ME )Price: Bulls Gear Up For A Potential Rally The Magic Eden price is consolidating around the $4.20 level, indicating a support zone that has been tested multiple times. This could suggest demand. This support level is important for the price action, as a failure to hold could lead to a decline. On the upside, the 50-period Simple Moving Average (SMA) on the 15-minute chart, currently at $4.251, acts as short-term resistance, while the 200-period SMA at $4.827 represents a more significant resistance level. A breakout above the consolidation zone could trigger an upward movement, with the next target around $4.40 and further resistance potentially at $4.60. The Relative Strength Index (RSI) is at 50.43, reflecting neutral momentum. The slight upward movement suggests some buying pressure but not enough to confirm a bullish trend. ➡️Magic Eden ($ME )Price Consolidates Below Key Trendline The descending trendline from previous highs indicates a bearish channel. Still, the recent flattening suggests the selling pressure is easing, and a potential breakout above the trendline could signal a reversal to the upside. Looking at the SMAs, the 50-period SMA is below the 200-period SMA, indicating that the broader market sentiment is still bearish. However, if the price moves above the 50-period SMA, it could attract short-term buyers. For a bullish scenario, a breakout above $4.25 would likely lead to a rally towards $4.40–$4.60. However, this would require confirmation from increasing volume and the RSI rising above 60. On the other hand, if the price fails to hold the support at $4.20, it could fall toward $4.00 or lower, especially if the broader market remains weak. The chart indicates a potential reversal from the current consolidation, but a breakout above $4.25 is crucial for confirming upward momentum. Monitoring volume and the RSI will be key to gauging the strength of the next price move.

Magic Eden Price Prediction : $ME Plummets 62% In A Week As This Crypto Wallet Token’s ICO Closes On $4 Million The Magic Eden $ME price has plummeted 62% in the past week and 15% in the last 24 hours to trade at $4.26 as of 7:05 a.m. EST on a 20% drop in trading volume to $965 million. Magic Eden Price: Bulls Gear Up For A Potential Rally The Magic Eden price is consolidating around the $4.20 level, indicating a support zone that has been tested multiple times. This could suggest demand. This support level is important for the price action, as a failure to hold could lead to a decline. On the upside, the 50-period Simple Moving Average (SMA) on the 15-minute chart, currently at $4.251, acts as short-term resistance, while the 200-period SMA at $4.827 represents a more significant resistance level. A breakout above the consolidation zone could trigger an upward movement, with the next target around $4.40 and further resistance potentially at $4.60. The Relative Strength Index (RSI) is at 50.43, reflecting neutral momentum. The slight upward movement suggests some buying pressure but not enough to confirm a bullish trend. Magic Eden Price Consolidates Below Key Trendline The descending trendline from previous highs indicates a bearish channel. Still, the recent flattening suggests the selling pressure is easing, and a potential breakout above the trendline could signal a reversal to the upside. Looking at the SMAs, the 50-period SMA is below the 200-period SMA, indicating that the broader market sentiment is still bearish. However, if the price moves above the 50-period SMA, it could attract short-term buyers. For a bullish scenario, a breakout above $4.25 would likely lead to a rally towards $4.40–$4.60. However, this would require confirmation from increasing volume and the RSI rising above 60. On the other hand, if the price fails to hold the support at $4.20, it could fall toward $4.00 or lower, especially if the broader market remains weak. The chart indicates a potential reversal from the current consolidation, but a breakout above $4.25 is crucial for confirming upward momentum. Monitoring volume and the RSI will be key to gauging the strength of the next price move.

$SHIB 🔥 SHIB/USDT Technical Analysis: Ready for the Next Leap? SHIB/USDT is currently trading at 0.00003226 USDT, showing signs of potential movement as traders gear up for the next big move. The price is consolidating within a key range, setting the stage for either a breakout or a retracement. 🩸Key Levels to Watch:👇 Support: The 0.00003150 USDT level is acting as a strong foundation where buyers have been stepping in to prevent further downside. Resistance: A significant barrier exists at 0.00003300 USDT. Breaking above this level could pave the way for a sharp rally. 📈 Entry Strategy:👇 1. Bullish Setup: Enter on a confirmed breakout above 0.00003300 USDT, with a target of 0.00003500 USDT or higher. 2. Bearish Setup: If the price drops below 0.00003150 USDT, it may retest the 0.00003000 USDT level, providing a better buying opportunity for long-term investors. 🩸Momentum Check:👇 The market shows potential for a breakout, but volume confirmation will be critical. As SHIB continues to attract attention, any surge in volume could signal the next big move. Stay sharp, and don’t miss out on this opportunity to ride the wave! 🚀

Bitcoin $BTC recently crossed the $100,000 mark for the first time, having skyrocketed nearly 140% this year. This surge has generated excitement, especially with the anticipation that President-elect Donald Trump will support cryptocurrencies. Trump has expressed his goal to make America the “crypto capital of the planet” and even proposed creating a national stockpile of Bitcoin. But alongside this milestone, the altcoin market is also showing movement, with Ethereum breaking its retracement levels and XRP surging past its 2021 high to $2.90. While Bitcoin’s rise is grabbing headlines, the question ‘what’s next’ is also haunting investors. At the time of writing, Bitcoin has retraced back to the $97k levels and is down by more than five percent.  This moment feels eerily similar to the crypto boom of 2017 when Bitcoin broke $10,000 and the media machine kicked into high gear. That was when the altcoin market truly took off, creating a frenzy of gains. Now, with Bitcoin reaching $100,000, we might be witnessing the beginning of a similar surge in altcoins, where volatility and quick gains are the name of the game. However, the question remains: is Bitcoin’s rise a sign of continued growth, or is it entering a consolidation phase? 

Whoa, if you think Bitcoin hitting $100K is the peak, think again — with what's ahead in 2025, we're just getting started folks! Wow, we finally hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment started as magic internet money is now the 7th largest asset globally, surpassing a $2 trillion market cap. But make no mistake — we're just getting started. 2025 will be the year of Bitcoin. $100K feels like the mere beginning. This is my 3rd Bitcoin bull market after entering in 2016. From experience, the party is still early. Here's why I think $100K Bitcoin is just the tip of the iceberg: Trump hasn't taken office yet. The next couple years, especially his first year, will likely bring very pro-Bitcoin and crypto regulations. The US hasn't started stockpiling BTC yet. When it does, it will put every country on notice to adopt bitcoin ASAP. Historically, the year after the halving pumps the most as supply shrinks. We're now post-2024 halving. You do the math. More public companies are adopting bitcoin treasuries. This trend will accelerate exponentially in 2025. Some US states have presented legislation to hold bitcoin in reserves. More are expected to follow. Putin is now actively talking about Bitcoin, passing pro-crypto laws in Russia and allowing national Bitcoin and crypto mining. Global adoption is brewing. With a pro-Bitcoin US President aiming to make America the global Bitcoin capital, you better believe we're going past the moon. Game theory says other nations must compete and buy BTC or risk irrelevance. So no, $100K isn't the ceiling. I'd be shocked if we don't surpass historical multiples this cycle, especially as nation-state adoption kicks into high gear. The show's just getting started. Happy $100K, but remember this is only the beginning, my friends. 2025 will be Bitcoin's breakout year as it cements itself as the global reserve asset. I'm incredibly bullish — keep holding on tight for the wild ride ahead! $BTC