The post HBAR at a Turning Point, PEPE Moonshot Ahead, and TITS Ready to Explode: Crypto Weekend Showdown appeared on BitcoinEthereumNews.com.

Weekend Crypto Insights: Bloody Monday/Tuesday, HBAR’s Next Moves, and the Wild World of Memecoins This week in crypto started with a bang—and not the good kind. Bloodbath on Monday and Tuesday brought market chaos, and as we approach the final weekend before the Federal Reserve’s interest rate decision, all eyes are on the macro stage. Earlier this week, the European Central Bank cut rates, and the U.S. is widely expected to follow with a 0.25% reduction. According to the CME Group, the likelihood of this cut is a staggering 93.4%. source: https://www.cmegroup.com/ For crypto, rate cuts should be bullish—but, as always, “should” is doing a lot of heavy lifting. In this weekend review, we’ll focus on three different projects:= $HBAR (ranked 18, mcap: $11.85B), a blockchain favorite of institutions, as it seems &navigating critical support levels atm. $PEPE (ranked 21, mcap: $10.34B): the leading large-cap memecoin defying market turbulence. $TITS (ranked 3036, mcap: $128 million): the degen’s ultimate thrill ride, now at a pivotal chart juncture. Let’s dive into the charts and see where the opportunities lie. HBAR: Testing Its Limits—Critical Levels and Next Moves Hedera’s (HBAR) performance this year has been nothing short of impressive, with a 600% rally from its lows to a yearly high of $0.392. However, after hitting an overheated RSI of 88 (weekly) and 93 (4-hour), a 40% correction has brought HBAR to a defining moment. Key Levels and Scenarios Support at $0.228 (Golden Pocket) Why It Matters: This Fibonacci retracement zone (61.8%-65%) aligns with historical volume support, offering a high-probability bounce area in bullish trends. Strategy: Enter long only if confirmed by rising volume and a bullish close above this level. Set stop-loss below $0.206. Resistance at $0.33 Why It Matters: Former double bottom breakout target, now flipped into a major resistance zone. Strategy:…

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Filed under: News - @ December 14, 2024 6:14 pm