Since BTC’s sudden drop, the prices of alternative cryptocurrencies (altcoins) have significantly declined. However, there is a possibility that Binance (BNB) and Cardano (ADA) may be the first to reach their lowest price point.
On the other hand, Big Eyes Coin (BIG), the newest meme coin, will conclude its massive presale on the 3rd of June, which is fast approaching. This feline meme coin has taken the canine-dominated crypto market by storm and is setting its mark.
Continue reading this article to know how altcoins like Binance, Cardano, and Big Eyes Coin are good investment opportunities moving forward.
Big Eyes Coin: The Latest Meme Coin That’s Taking the Crypto Market by Storm!
With a successful presale, investors are excited to maximize their returns with a generous 300% bonus code END300. Moreover, 5% of its total supply will be donated to charities promoting and safeguarding the world’s oceans. But what sets Big Eyes Coin apart is its unique marketing approach and focus on the meme community. With plans for NFT rewards and fun events, this coin has real-world applications beyond just its meme status.
New coins like Big Eyes Coin offer opportunities for those willing to take risks. As its presale nears its end, Big Eyes Coin has the potential to be the next big thing in crypto, promising returns on investment. It’s essential to conduct research and make informed decisions before investing. Nevertheless, Big Eyes Coin’s future looks bright, making it an exciting token to watch out for in the upcoming months. Don’t miss the chance to invest in a potentially game-changing project.
Bitcoin’s Had A Great Fall
BTC, which is currently trading at around $27,436, has experienced a significant drop of approximately 9% this week. This has led some traders to take profits, fearing a potential resumption of the downward trend. Analysts predict that BTC may reach the $26,600-$25,000 range, where buyers may become interested.
During a bear market, an asset typically forms higher lows as it moves upward. These levels act as strong support during subsequent corrections. If the current pullback results in a higher floor for BTC, it could serve as a launching point for the next rally.
ADA and BNB Bulls Battle Bears: Can Buyers Save the Day and Push to New Heights?
Cardano’s ADA has dropped below the neckline of the inverse head-and-shoulders pattern, signalling that bears are attempting to trap aggressive bulls. While buyers are defending the 50-day SMA, the 20-day EMA has been turned down and the RSI indicates sellers are trying to take control. If the price falls below the 50-day SMA, it could result in a collapse to $0.30. To maintain control, buyers must quickly push the price above the neckline, which could lead to solid buying and a potential surge to $0.46.
BNB is currently experiencing a tough fight between the bears and bulls. While sellers are active above $338, the bulls are strongly protecting the 50-day SMA ($316). The BNB/USDT pair bounced off the 50-day SMA on April 21, with the bulls attempting to surpass the $338 hurdle. If successful, this could lead to a rally above $346 and a potential surge toward $400. The slightly upward-sloping 20-day EMA ($325) and positive RSI indicate that bulls have a small advantage. Conversely, bears must pull the price below the 50-day SMA to prevent an up-move, which could cause the pair to sink to $300 or $280.
Big Eyes Coin is ramping up its efforts ahead of its launch on June the 3rd; the presale ends soon and there is only a limited time to get your hands on the END300 Bonus code (300% bonus). Get ready to be a part of the next big thing in crypto!
Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
