Key Crypto Events Including Binance Megadrop, Coinbase Listing Dogwifhat (WIF) Perpetual Futures And More

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Apr 19 2024

NIBI-0.42%

NTRN-3.497%

APT-5.22%

Should l Buy NIBI?

Cryptocurrency Market Developments:
- Flurry of activity in the last 12 hours.
- New token launch platforms, exchange listings, institutional collaborations, and network upgrades.
Israel Launches Attack on Iran:
- Israel officially launched an attack on Iran.
- Potential implications for the global economy and financial markets.
Coinbase Listing $WIF Perpetual Futures:
- Coinbase to list $WIF perpetual futures on April 25.
- Expected to increase liquidity and trading opportunities for WifDoge token.
Binance Megadrop Platform:
- Binance launching Binance Megadrop platform.
- Features airdrops and Web3 quests, starting with Bouncebit ($BB).
Meme Coin Market Explosion:
- Importance of getting in early during ICO phase.
- Introduction of NuggetRush memecoin combining gaming and gold mining ventures.

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Technical Analysis for NIBI

Technical Sentiment Analysis for Nibiru Chain (NIBI) As of , Nibiru Chain (NIBI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 6 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NIBI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, NIBI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Nibiru Chain (NIBI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00267	0.00362	0.00434	0.00529	0.00601	0.00696	0.00768
Fibonacci	0.00362	0.00426	0.00466	0.00529	0.00593	0.00633	0.00696

About NIBI

Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem sporting superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, value accrual.Since coming out of stealth at the end of 2022, dozens of projects have begun building on Nibiru across sectors like RWAs, gaming, and DeFi—each with the mission to make the interacting with digital assets fast, secure, and user-friendly for everyone.Smart contracts in Nibiru's primary execution engine (Wasm) are impervious to the vast majority of common attack vectors, such as reentrancy, arithmetic overflow/underflow, ERC20 short address attacks, and many others that plague the Web3 landscape. This means high-reliability apps can be brought to life more rapidly and scale to serve the growing cryptocurrency user base.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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