EIA gasoline production in the U.S. for the week ending May 16

⚠️ 30+ Micro-Cap Gems 💎 Sorted By MC 👇🏻 $ZANO : $49M $ARC : $47M $GLQ : $46M $DF : $45M $ADX : $44M $QASH : $43M $MNW : $41M $NAVI : $40M $WIFI : $40M $GPT : $40M $TARA : $38M $CREO : $38M $CREDI : $37M $CSIX : $36M $DVPN : $35M $RVF : $34M $XNA : $33M $OPTI : $32M $MLT : $30M $GTAI : $27M $HGPT : $27M $BLOCK : $25M $FITFI : $25M $SRM : $22M $STBU : $22M $UBXS : $21M $MAN : $19M $HYDRA : $18M $HERA : $17M $GEEQ : $14M $MASQ : $9M $SOON : $4M $REVO : $4M $HERMES : $4M 💙🔃📘

MANTA TOKEN Current Price: $2.97 📊 Market Sentiment Analysis The recent news indicates a mixed sentiment with a negative impact from Bitcoin's fall affecting the broader market, including MANTA. Positive sentiment is noted in the news regarding MANTA's potential upswing and resilience against bearish pressures, which could indicate a growing confidence among investors. The mention of MANTA as a top altcoin to watch suggests that there is interest and a positive outlook for its performance in the near future. 📈 Technical Analysis The current RSI of 42.95 suggests that MANTA is neither overbought nor oversold, providing a neutral signal. Bollinger Bands show the current price is near the lower band, indicating potential undervaluation and a possible price increase if the market sentiment improves. Pivot points indicate that the current price is below the pivot point of $2.97405, suggesting a bearish sentiment in the short term. The DMI shows a relatively low ADX of 13.56, indicating a weak trend, with PDI and MDI very close, suggesting no clear directional strength. The MA indicates a slight downtrend as the current price is below the moving average values. MACD shows a negative histogram, which could indicate a bearish momentum, but the MACD line is close to the signal line, suggesting a potential reversal if positive momentum builds. KDJ's value of J at 1.22 is significantly lower than K and D, which could indicate an oversold condition and a potential reversal point. 💡 Recommendation and Trade Strategy Given the mixed market sentiment and technical indicators suggesting a potential reversal, a cautious long position could be considered. For short-term trades, monitor for a confirmed reversal signal such as a bullish candlestick pattern or a crossover of the MACD line above the signal line. Set a tight stop loss just below the recent low of $2.95 to minimize potential losses. A take profit could be set near the first resistance level at $2.97911, with the possibility to adjust if the price action shows continued bullish momentum. The confidence level in the data is moderate due to mixed signals from technical indicators and recent news sentiment. My technical analysis is based on the 1h candlestick chart indicators and is recommended for users who prefer short-term trading.

The Book of Memes (BOME) is poised to target record prices in April for the following reasons Summarize The daily RSI of the BOME is currently at 70, which is close to the overbought zone. This situation indicates buying interest and the potential for further price increases. The ADX is currently at 46, indicating that it is currently in a strong uptrend. This can lead to more price increases. The EMA line has just produced a golden crossover formation. If this trend continues, the price of BOME will continue to rise. #GateioBountyCreator# #HotTopicDiscussion# #Which memecoin is on your watchlist?#

Bitcoin LTF Update We go back and forth at a very critical level. Short-term pivot level 67565 (Fixed range volume profile pivot level). Closes above and below this level are extremely critical! If the RSI can close above 50 points, the uptrend is expected to continue. ADX points out to us that sellers are losing ground in the short term. Momentum, on the other hand, is very close to the 0 zone. The 0 zone is the trend reversal zone. Continue to follow closely. #Bitcoin

XRP price prediction: Will the ongoing correction reach $0.4 amid uncertain market movements? On August 17 last week, XRP price lit a big red candle on the daily timeframe chart, hitting a big and low of $0.5948 and $0.4226, respectively. Although this drop triggered a notable negative sentiment among traders, the price action immediately went sideways. So uncertainty can be attributed to the volatile price behavior of the largest cryptocurrency, XRP price has turned into a bearish pennant formation. Highlights on XRP daily chart The interval between the triangular structure can be marked as the no-operation zone. A bearish divergence between the 20-100-day EMA could accelerate supply pressure among market participants. The intraday trading volume in XRP is 823.5 million, indicating a loss of 12.75 percent. XRP price has been sideways for more than a week in response to volatile market sentiment. Looking at the four-hour time frame chart, it appears that price action is trapped in a narrow range within two converging trend lines, forming a triangular shape. After a big drop, this triangle setup indicates the formation of a bearish pennant pattern. According to press time, the XRP coin was trading at $0.523, down 0.51 percent on the day. Given the higher probability, crypto sellers are likely to break the lower support of the pattern and accelerate the bearish momentum in price. The post-break drop could revisit the $0.422 low, dropping the altcoin's market cap by 18.8 percent. Can an XRP buyer make a comeback? While general market sentiment and price behavior support sellers, buyers can seize the opportunity to counterattack if they break the upper trendline of the pattern. A bullish breakout from the upper trendline will intensify the bullish momentum and prepare a significant rise in XRP price. However, a close above the August 17 high of $0.5948 is needed for better confirmation of the expected recovery. Exponential moving average: 20-day EMA slope may offer dynamic resistance to bullish bounce Average Directional Index: The daily ADX slope climbs to 31 percent, suggesting that sellers may face further declines. #ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #contentstar# #MyFancyCreator# #HotTopicDiscussion# #EasterEggHunt# #NewYearCelebration# #ContentMining# #İçerikYıldızı# #BOSSNIGHT# #CryptoObservers#