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#Will BTC Hit a New ATH?#


Altcoin Projects That Could Launch Next Week!
Over the past week, several altcoins have moved away from market consolidation and achieved strong gains. The easing of tensions in the US-China trade war and the Federal Reserve's decision to keep interest rates steady triggered a sharp recovery in the crypto market. Bitcoin surpassing the critical threshold of $100,000 created new momentum in the altcoin market. In the coming week, if Bitcoin maintains its current momentum, Dogwifhat (WIF), Pepe, and BNB may target new peaks. As a cryptocurrency, we will examine the price movements of these 3 altcoins.
Bitcoin's New ATH May Raise Altcoin Prices
Bitcoin is approaching its all-time high level from January. With the stabilization of fluctuations in the economy and the easing of tensions regarding U.S. tariffs, altcoins have started to benefit from Bitcoin's rise. Bitcoin's market dominance is currently at 63.3%.
In recent days, many altcoins have gained more than 20% in value, and some meme coins have exceeded this performance. This also gives us signals that could lead us towards a new bull run.
Dogwifhat (WIF) Price Analysis
Buyers have managed to keep the WIF price above the immediate support levels, and the price is currently maintaining momentum above the $0.8 level. As of writing, the WIF price is trading at $0.8632 and has risen more than 19% in the last 24 hours.
Sellers may attempt to limit profits at the $0.91 level. However, if buyers break this level, the WIF price could experience a strong increase towards $1.4.
On the other hand, if the price drops below the 23.6% Fibonacci level and holds at the EMA20 trend line of $0.735, it may indicate that a strong support has formed. However, if the price sharply drops from $0.735 and reaches the $0.7 region, the WIF price may remain in a sideways trading range for a while.
Pepe (PEPE) Price Analysis
The price of Pepe has rebounded from its 50-day moving average but is struggling to break above the $0.000014 level. At the time of writing, the price of Pepe is at $0.00001313, showing a daily increase of 7.6%.
The 20-day moving average is showing an upward trend and the RSI is in the positive zone; this situation provides an advantage to buyers. If the price remains above the $0.000014 level, which is the neckline of the formation, Pepe could rise to the $0.000015 level.
If sellers want to stop this rise, they must succeed in pushing the price below the 50-day moving average. In this case, the Pepe price could decline to $0.0000115 or $0.00001 levels.
(BNB) Price Analysis
BNB experienced a decline as it could not attract sufficient buying interest at the $680 level. Currently, the price is trading at $655, with a rise of 3.3% in the last 24 hours.
The $680 level is a strong resistance position for BNB. If buyers push above this level, the price may move towards the $700 resistance area.
Sellers are racing against time. They need to keep the price below $644 to stop the upward trend and push it below the moving averages. If this happens, the BNB price could drop to around $610.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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· 22h ago
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GateUser-6b644deavip
· 22h ago
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Sakura_3434vip
· 05-12 01:42
Bull Run 🐂
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GateUser-82c9c551vip
· 05-11 22:34
Ape In 🚀
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GateUser-82c9c551vip
· 05-11 22:34
Bull Run 🐂
Reply1
GateUser-82c9c551vip
· 05-11 22:33
Ape In 🚀
Reply1
GateUser-82c9c551vip
· 05-11 22:33
Ape In 🚀
Reply1
Discoveryvip
· 05-11 22:07
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Yamahabluevip
· 05-11 22:04
1000x Vibes 🤑
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GateUser-d5c5142cvip
· 05-11 20:51
Hold on tight, we're taking off soon To da moon 🛫
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