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Why Many Altcoins Were Swooning This Week – Yahoo Finance

Sooner or later, even the most beloved financial assets obey gravity no matter how high they've soared. This week we saw a decline in a clutch of very recently soaring altcoins, as a higher-than-expected inflation readout and profit-taking hit the cryptocurrency market.

Over the course of the five trading weekdays, according to data compiled by S&P Global Market Intelligence, as of late Friday afternoon both Fantom (CRYPTO: FTM) and Theta Network (CRYPTO: THETA) were trading down by nearly 6% week to date. Bittensor (CRYPTO:TAO) was faring worse, with a more than 8% slide over the period.

One big monster in the room over the past few days was inflation, which came in higher than many had anticipated -- this beast might take a while to tame, after all. On Wednesday, the government's Bureau of Labor Statistics reported that inflation in March had risen by 3.5% year over year, which was 0.3 percentage points higher than the February figure and notably above the estimates of many economists.

Suddenly, there's much less talk of the interest rate cuts Federal Reserve (Fed) officials were hoping to start enacting this year.

The prospect of our current, relatively high rates dragging on for longer than expected is sobering to crypto investors. Lower rates make boring-but-safe investments more attractive, as instruments like bonds pay higher interest and become more competitive with the risky stuff. Despite their rising popularity and the belief some hold that they're ideal stores of value, ultimately cryptocurrencies have to be considered high on the risk scale.

At times, it can take a trading day or two for discouraging news to impact the market. The following Friday saw a wide sell-off of many crypto assets. This includes the Pied Piper behind which every altcoin hops, Bitcoin. That day alone, Bitcoin's price was headed south as of very late afternoon trading at a near 5% clip. And when Bitcoin's having a downer, your favorite altcoin is probably headed south, too.

Some economists are speculating darkly that we're in for more inflation "surprises." What isn't helping at the moment is the apparently insatiable demand for housing; the prices in this category rose notably in March.

Where does this leave cryptocurrency? Coins and tokens might be in for a reckoning, and we shouldn't be surprised to see a period of correction as investors get used to the current situation. That might, however, provide a nice entry point for crypto bulls -- if so, we should keep an eye on altcoins, as the more volatile ones could see outsized price gains on a rally.

Story continues

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Why Many Altcoins Were Swooning This Week was originally published by The Motley Fool

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Artificial Intelligence Tool to Improve Heart Failure Care – UVA Health Newsroom

Heart failure occurs when the heart is unable to pump enough blood. Symptoms can include fatigue, weakness, swollen legs and feet and, ultimately, death.

UVA Health researchers have developed a powerful new risk assessment tool for predicting outcomes in heart failure patients. The researchers have made the tool publicly available for free to clinicians.

The new tool improves on existing risk assessment tools for heart failure by harnessing the power of machine learning (ML) and artificial intelligence (AI) to determine patient-specific risks of developing unfavorable outcomes with heart failure.

Heart failure is a progressive condition that affects not only quality of life but quantity as well. All heart failure patients are not the same. Each patient is on a spectrum along the continuum of risk of suffering adverse outcomes, said researcher Sula Mazimba, MD, a heart failure expert. Identifying the degree of risk for each patient promises to help clinicians tailor therapies to improve outcomes.

Heart failure occurs when the heart is unable to pump enough blood for the bodys needs. Thiscan lead to fatigue, weakness, swollen legs and feet and, ultimately, death.Heart failure isa progressive condition, so it is extremely important forclinicians to be able to identify patients at risk ofadverse outcomes.

Further, heart failure is a growing problem. More than 6 million Americans already have heart failure, and that number is expected to increase to more than 8 million by 2030. The UVA researchers developed their new model, called CARNA, to improve care for these patients. (Finding new ways to improve care for patients across Virginia and beyond is a key component of UVA Healths first-ever10-year strategic plan.)

The researchersdeveloped their model using anonymized data drawn from thousands of patients enrolled in heart failure clinical trialspreviously funded by the National Institutes of Healths National Heart, Lung and Blood Institute. Putting the model to the test, they found it outperformed existing predictors for determining how a broad spectrum of patients would fare in areas such as the need for heart surgery or transplant, the risk of rehospitalization and the risk of death.

The researchers attribute the models successto the use of ML/AI and the inclusion of hemodynamic clinical data, which describe how blood circulates through the heart, lungs and the rest of the body.

This model presents a breakthrough because it ingests complex sets of data and can make decisions even among missing and conflicting factors, said researcher Josephine Lamp, of the University of Virginia School of Engineerings Department of Computer Science. It is really exciting because the model intelligently presents and summarizes risk factors reducing decision burden so clinicians can quickly make treatment decisions.

By using the model, doctors will be better equipped to personalize care to individual patients, helping them live longer, healthier lives, the researchers hope.

The collaborative research environment at the University of Virginia made this work possible by bringing together experts in heart failure, computer science, data science and statistics, said researcher Kenneth Bilchick, MD, a cardiologist at UVA Health. Multidisciplinary biomedical research that integrates talented computer scientists like Josephine Lamp with experts in clinical medicine will be critical to helping our patients benefit from AI in the coming years and decades.

The researchers have made their new tool available online for free athttps://github.com/jozieLamp/CARNA.

In addition, they havepublished the results of their evaluation of CARNA in the American Heart Journal. The research team consisted of Lamp, Yuxin Wu, Steven Lamp, Prince Afriyie, Nicholas Ashur, Bilchick, Khadijah Breathett, Younghoon Kwon, Song Li, Nishaki Mehta, Edward Rojas Pena, Lu Feng and Mazimba. The researchers have no financial interest in the work.

The project was based on one of the winning submissions to the National Heart, Lung and Blood Institutes Big Data Analysis Challenge: Creating New Paradigms for Heart Failure Research. The work was supported by the National Science Foundation Graduate Research Fellowship, grant 842490, and NHLBI grants R56HL159216, K01HL142848 and L30HL148881.

To keep up with the latest medical research news from UVA, subscribe to theMaking of Medicineblog.

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Top Altcoins With High Recovery Potential To Buy This Week – Coinpedia Fintech News

Amidst the highly volatile and bearish crypto market, the crucial support levels for many altcoins are turning weak. Failing to absorb the overhead supply, many top performers are under 30% or more correction in the last few days.

However, despite such an immense supply wave igniting a domino effect, some top altcoins show high recovery potential. With a high likelihood of a bull run continuation in these coins, they could spearhead the next recovery rally in the crypto market.

So, lets have a closer look at their price analysis for a more confident approach.

ONDO (ONDO)

TradingView

With a sideways trend in motion, the 4H chart of the ONDO altcoin showcases resilience against the market-wide sell-off. However, the chances of recovery are improving with Bitcoin Halving inching closer and the market sentiment normalizing from fear.

Dominance at the 200 EMA in the 4H timeframe prolongs the consolidation move. Further, the bullish divergence in the daily RSI bolsters the chances of a bullish reversal.

A bounce-back in ONDO price could reclaim the psychological mark of $1 and lead to a new breakout rally. In such a case, the bull run could aim for the 1.618 Fibonacci trend-based retracement level at $1.32.

Read More : Top 3 Undervalued Altcoins Ahead Of Bitcoin Halving

OKB (OKB)

TradingView

With a bullish higher low trend in motion, the OKB weekly price chart showcases a wedge formation. The altcoin takes constant support from the 50W EMA and teases a trend continuation for the overhead trendline breakout.

Currently, the OKB price stands at the baseline and the 50W EMA and projects a new upcycle entry opportunity. Further, the crucial support level coincides with the 23.60% Fibonacci trend-based retracement level. Thus, the solid underlying demand bolsters the chances of an uptrend.

If the uptrend breaks above the 78.60% Fibonacci level at $74.5, the bull run could hike the altcoin prices to $100.

Toncoin (TON)

Tradingview

The remarkable uptrend in the Toncoin price chart displays solid demand at the support trendline. Despite the recent correction visible in the 4H chart, the altcoin is shifting gears to prolong the uptrend with a new bounce back.

The TON price has increased by almost 10% in the last 16 hours and teases a rally beyond the $10 psychological barrier. With such immense demand and the high momentum prevailing uptrend, the bull run could reach the $15 mark in the upcoming altcoin season.

Also Check Out : Top Altcoins to Consider Amid a Fresh Rally Ahead Fueled by Institutional Demand

As the sell-off wave reaches exhaustion in the broader market, the altcoins are picking up pace for a new recovery rally. The above-mentioned altcoins have high potential due to the prevailing uptrend and the underlying demand. Hence, these altcoins could continue the uptrend and spearhead the next bull run if the broader market recovers with Bitcoin Halving.

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Machine learning could help reveal undiscovered particles within data from the Large Hadron Collider – Newswise

Newswise Scientists used a neural network, a type of brain-inspired machine learning algorithm, to sift through large volumes of particle collision data.

For over two decades, theATLASparticle detector has recorded the highest energy particle collisions in the world within the Large Hadron Collider (LHC) located atCERN, the European Organization for Nuclear Research. Beams of protons are accelerated around theLHCat close to the speed of light, and upon their collision atATLAS, they produce a cascade of new particles, resulting in over a billion particle interactions per second.

Particle physicists are tasked with mining this massive and growing store of collision data for evidence of undiscovered particles. In particular, theyre searching for particles not included in theStandard Modelof particle physics, our current understanding of the universes makeup that scientists suspect is incomplete.

As part of theATLAScollaboration, scientists at the U.S. Department of Energys (DOE) Argonne National Laboratory and their colleagues recently used a machine learning approach called anomaly detection to analyze large volumes ofATLASdata. The method has never before been applied to data from a collider experiment. It has the potential to improve the efficiency of the collaborations search for something new. The collaboration involves scientists from 172 research organizations.

The team leveraged a brain-inspired type of machine learning algorithm called a neural network to search the data for abnormal features, or anomalies. The technique breaks from more traditional methods of searching for new physics. It is independent of and therefore unconstrained by the preconceptions of scientists.

Rather than looking for very specific deviations, the goal is to find unusual signatures in the data that are completely unexplored, and that may look different from what our theories predict. Physicist Sergei Chekanov

Traditionally,ATLASscientists have relied on theoretical models to help guide their experiment and analysis in the directions most promising for discovery. This often involves performing complex computer simulations to determine how certain aspects of collision data would look according to the Standard Model. Scientists compare these Standard Model predictions to real data fromATLAS. They also compare them to predictions made by new physics models, like those attempting to explaindark matterand other phenomena unaccounted for by the Standard Model.

But so far, no deviations from the Standard Model have been observed in the billions of billions of collisions recorded atATLAS. And since the discovery of theHiggs bosonin 2012, theATLASexperiment has yet to find any new particles.

Anomaly detection is a very different way of approaching this search, said Sergei Chekanov, a physicist in Argonnes High Energy Physics division and a lead author on the study.Rather than looking for very specific deviations, the goal is to find unusual signatures in the data that are completely unexplored and that may look different from what our theories predict.

To perform this type of analysis, the scientists represented each particle interaction in the data as an image that resembles aQRcode. Then, the team trained their neural network by exposing it to 1% of the images.

The network consists of around 2 million interconnected nodes, which are analogous to neurons in the brain. Without human guidance or intervention, it identified and remembered correlations between pixels in the images that characterize Standard Model interactions. In other words, it learned to recognize typical events that fit within Standard Model predictions.

After training, the scientists fed the other 99% of the images through the neural network to detect any anomalies. When given an image as input, the neural network is tasked with recreating the image using its understanding of the data as a whole.

If the neural network encounters something new or unusual, it gets confused and has a hard time reconstructing the image, said Chekanov.If there is a large difference between the input image and the output it produces, it lets us know that there might be something interesting to explore in that direction.

Using computational resources at Argonnes Laboratory Computing Resource Center, the neural network analyzed around 160 million events withinLHCRun-2 data collected from 2015 to 2018.

Although the neural network didnt find any glaring signs of new physics in this data set, it did spot one anomaly that the scientists think is worth further study. An exotic particle decay at an energy of around 4.8 teraelectronvolts results in a muon (a type of fundamental particle) and a jet of other particles in a way that does not fit with the neural networks understanding of Standard Model interactions.

Well have to do more investigation, said Chekanov.It is likely a statistical fluctuation, but theres a chance this decay could indicate the existence of an undiscovered particle.

The team plans to apply this technique to data collected during theLHCRun-3 period, which began in 2022.ATLASscientists will continue to explore the potential of machine learning and anomaly detection as tools for charting unknown territory in particle physics.

The results of the study were published inPhysical Review Letters. This work was funded in part by theDOEOffice of Sciences Office of High Energy Physics and the National Science Foundation.

Argonne National Laboratoryseeks solutions to pressing national problems in science and technology. The nations first national laboratory, Argonne conducts leading-edge basic and applied scientific research in virtually every scientific discipline. Argonne researchers work closely with researchers from hundreds of companies, universities, and federal, state and municipal agencies to help them solve their specific problems, advance Americas scientific leadership and prepare the nation for a better future. With employees from more than 60 nations, Argonne is managed byUChicago Argonne,LLCfor theU.S. Department of Energys Office of Science.

The U.S. Department of Energys Office of Scienceis the single largest supporter of basic research in the physical sciences in the United States and is working to address some of the most pressing challenges of our time. For more information, visithttps://energy.gov/science.

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Top 3 Altcoins to Buy Before Halving: DTX Exchange (DTX), Dogwifhat (WIF), and Shiba Inu (SHIB) – NFTevening.com

Savvy investors are watching promising altcoins that could ride the wave of bullish sentiment and position themselves for significant profits after the much-awaited Bitcoin halving event. Among a myriad of altcoin contenders, three projects have gained substantial attention. DTX Exchange (DTX), Dogwifhat (WIF), and Shiba Inu (SHIB) are expected to get a good chunk of the markets upward thrusting force.

Dogwifhat (WIF) has recently witnessed an incredible recovery against the backdrop of wider crypto market volatility. On April 15, WIF price action recovered to $3.11, but it failed to hold on and fell by about 11% in the last 24 hours. However, currently, it istradingat $2.54. Investors are taking advantage of the low prices to buy more WIF tokens, anticipating its bull run during halving.

On this note, increased liquidity in Dogwifhat markets has been critical in ensuring that the token can outperform peers and post double-digit returns, thus making it a strong altcoin candidate.CoinCodex, a crypto analytics platform, projects that if it continues to find favour among traders, WIF will move up further by 50% to reach $4.45 by April 21.

The weekends market volatility has obviously tested the strength of the leading cryptocurrencies, even Shiba Inu (SHIB). Nevertheless, at this time, meme coin managed to gain 1.19%, which helped its value go back to $0.00002236. Remarkably, SHIB has maintained its rank as the 12th most valuable cryptocurrency in the world, with a market cap of an impressive $13.1 billion.

Investors are anxious about the Bitcoin halving event, concentrating on SHIBs ability to increase its worth tremendously.Changelly predictsthat Shiba Inus price will be subject to significant fluctuations during April. Based on the previous years prices and other occurrences, it is estimated that SHIB will be traded at an average price of $0.0000345 in April 2024 but possibly reach a maximum price of $0.0000445 immediately after the halving event.

DTX Exchange (DTX), a pioneering hybrid trading platform, has been causing quite a stir in the digital currency community with its ambitious vision of revolutionizing trade and investment through inventive technologies and investment tools.

As the projects presale gains momentum, having amassed an impressive $230,000, the market is increasingly anticipating DTXs potential. Over 50% of the tokens have been sold out in the Presale Stage 1, and investors are rushing to become a part of the project at $0.02.

On the cusp of Bitcoins halving showdown, the crypto sphere is ripening for some altcoins to emerge victorious. Dogwifhat (WIF), Shiba Inu (SHIB), and the innovativeDTX Exchange (DTX)have positioned themselves as formidable contenders, each boasting unique value propositions and a dedicated community of supporters.

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

All investment/financial opinions expressed by NFTevening.com are not recommendations.

This article is educational material.

As always, make your own research prior to making any kind of investment.

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Top 3 Altcoins to Buy Before Halving: DTX Exchange (DTX), Dogwifhat (WIF), and Shiba Inu (SHIB) - NFTevening.com

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4 Hats of a Full-Stack Data Scientist | by Shaw Talebi – Towards Data Science

When I first learned data science (5+ years ago), data engineering and ML engineering were not as widespread as they are today. Consequently, the role of a data scientist was often more broadly defined than what we may see these days.

For example, data scientists may have written ETL scripts, set up databases, performed feature engineering, trained ML models, and deployed models into production.

Although it is becoming more common to split these tasks across multiple roles (e.g., data engineers, data scientists, and ML engineers), many situations still call for contributors who are well-versed in all aspects of ML model development. I call these contributors full-stack data scientists.

More specifically, I see a full-stack data scientist as someone who can manage and implement an ML solution end-to-end. This involves formulating business problems, designing ML solutions, sourcing and preparing data for development, training ML models, and deploying models so their value can be realized.

Given the rise of specialized roles for implementing ML projects, this notion of FSDS may seem outdated. At least, that was what I thought in my first corporate data science role.

These days, however, the value of learning the full tech stack is becoming increasingly obvious to me. This all started last year when I interviewed top data science freelancers from Upwork.

Almost everyone I spoke to fit the full stack data scientist definition given above. This wasnt just out of fun and curiosity but from necessity.

A key takeaway from these interviews was data science skills (alone) are limited in their potential business impact. To generate real-world value (that a client will pay for), building solutions end-to-end is a must.

But this isnt restricted to freelancing. Here are a few other contexts where FSDS can be beneficial

In other words, full-stack data scientists are generalists who can see the big picture and dive into specific aspects of a project as needed. This makes them a valuable resource for any business looking to generate value via AI and machine learning.

While FSDS requires several skills, the role can be broken down into four key hats: Project Manager, Data Engineer, Data Scientist, and ML Engineer.

Of course, no one can be world-class in all hats (probably). But one can certainly be above average across the board (it just takes time).

Here, Ill break down each of these hats based on my experience as a data science consultant and interviews with 27 data/ML professionals.

The key role of a project manager (IMO) is to answer 3 questions: what, why, and how. In other words, what are we building? Why are we building it? How will we do it?

While it might be easy to skip over this work (and start coding), failing to put on the PM hat properly risks spending a lot of time (and money) solving the wrong problem. Or solving the right problem in an unnecessarily complex and expensive way.

The starting point for this is defining the business problem. In most contexts, the full-stack data scientist isnt solving their problem, so this requires the ability to work with stakeholders to uncover the problem's root causes. I discussed some tips on this in a previous article.

Once the problem is clearly defined, one can identify how AI can solve it. This sets the target from which to work backward to estimate project costs, timelines, and requirements.

In the context of FSDS, data engineering is concerned with making data readily available for model development or inference (or both).

Since this is inherently product-focused, the DE hat may be more limited than a typical data engineering role. More specifically, this likely wont require optimizing data architectures for several business use cases.

Instead, the focus will be on building data pipelines. This involves designing and implementing ETL (or ELT) processes for specific use cases.

ETL stands for extract, transform, and load. It involves extracting data from their raw sources, transforming it into a meaningful form (e.g., data cleaning, deduplication, exception handling, feature engineering), and loading it into a database (e.g., data modeling and database design).

Another important area here is data monitoring. While the details of this will depend on the specific use case, the ultimate goal is to give ongoing visibility to data pipelines via alerting systems, dashboards, or the like.

I define a data scientist as someone who uses data to uncover regularities in the world that can be used to drive impact. In practice, this often boils down to training a machine learning model (because computers are much better than humans at finding regularities in data).

For most projects, one must switch between this Hat and Hats 1 and 2. During model development, it is common to encounter insights that require revisiting the data preparation or project scoping.

For example, one might discover that an exception was not properly handled for a particular field or that the extracted fields do not have the predictive power that was assumed at the project's outset.

An essential part of model training is model validation. This consists of defining performance metrics that can be used to evaluate models. Bonus points if this metric can be directly translated into a business performance metric.

With a performance metric, one can programmatically experiment with and evaluate several model configurations by adjusting, for example, train-test splits, hyperparameters, predictor choice, and ML approach. If no model training is required, one may still want to compare the performance of multiple pre-trained models.

The final hat involves taking the ML model and turning it into an ML solutionthat is, integrating the model into business workflows so its value can be realized.

A simple way to do this is to containerize the model and set up an API so external systems can make inference calls. For example, the API could be connected to an internal website that allows business users to run a calculation.

Some use cases, however, may not be so simple and require more sophisticated solutions. This is where an orchestration tool can help define complex workflows. For example, if the model requires monthly updates as new data become available, the whole model development process, from ETL to training to deployment, may need to be automated.

Another important area of consideration is model monitoring. Like data monitoring, this involves tracking model predictions and performance over time and making them visible through automated alerts or other means.

While many of these processes can run on local machines, deploying these solutions using a cloud platform is common practice. Every ML engineer (MLE) I have interviewed uses at least 1 cloud platform and recommended cloud deployments as a core skill of MLEs.

While a full-stack data scientist may seem like a technical unicorn, the point (IMO) isnt to become a guru of all aspects of the tech stack. Rather, it is to learn enough to be dangerous.

In other words, its not about mastering everything but being able to learn anything you need to get the job done. From this perspective, I surmise that most data scientists will become full stack given enough time.

Toward this end, here are 3 principles I am using to accelerate my personal FSDS development.

A full-stack data scientist can manage and implement an ML solution end-to-end. While this may seem like overkill for contexts where specialized roles exist for key stages of model development, this generalist skillset is still valuable in many situations.

As part of my journey toward becoming a full-stack data scientist, future articles of this series will walk through each of the 4 FSDS Hats via the end-to-end implementation of a real-world ML project.

In the spirit of learning, if you feel anything is missing here, I invite you to drop a comment (they are appreciated)

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4 Hats of a Full-Stack Data Scientist | by Shaw Talebi - Towards Data Science

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Crypto Market Prediction For Coming Week: What’s in Store For Bitcoin and Altcoins – Coinpedia Fintech News

As the bears take over the night, Bitcoin and altcoins face a tremendous increase in supply pressure. This resulted in a massive liquidation of almost $900 Million this Friday, per Coinglass.

Amidst the crash, Bitcoin lost dominion over the $70,000 critical level and started a domino fall in the altcoin market. The total crypto market cap, excluding Bitcoin, fell by 8.13% last night, dipping under the $1 Billion mark for a moment.

Currently, the markets are bouncing back, and the long-to-short accounts ratio presents an optimistic future. Per Coinglass, the long/short ratio on the biggest exchange, Binance, favors the bulls with 66% long accounts.

With the markets one-sided optimism rising back, Bitcoin and altcoins could find a reversal spot over the weekends.

Despite the drop under $70K, the BTC price sustains a bullish flag in the daily chart. Further, the market value is well above the 50D EMA average line with a lower price rejection candle.

The intraday candle shows a Doji candle rising above the 23.60% Fibonacci level. This bolsters the speculation of a morning star pattern at a crucial support level to ignite a bull run next week.

Hence, the coming week promises a potential spark in buying pressure to surpass the overhead trendline. With this, the BTC price could hit the $76,000 mark next week.

The biggest meme coin stands its ground with a rising channel in action. The 10% downfall overnight, followed by a 2.65% intraday drop, challenges the ascending support trendline.

Tradingview

Further, the quick drop tests the dynamic average line of the 50D EMA. Hence, multiple bullish supports are combined to halt the bear crash.

If the biggest meme coin makes a comeback next week with a bullish turnaround, the meme coins could find an additional boost. Hence, the meme altcoins might see a bounce back in the coming week.

With just a 1.49% drop last night, Binances native token, BNB, stays resilient in the market-wide crash. The BNB price action sustains an ascending triangle pattern by avoiding a crash under the support trendline.

With the overhead ceiling at the psychological barrier of $650, the BNB price eyes a breakout rally next week. The long-tail candles reflect high reversal chances, bolstering the breakout possibility.

As per the trend-based Fibonacci levels, the breakout rally could easily snatch the $743 level.

With a less fortunate day than Binance, Solanas market price dropped by 11% in the crash. The altcoin is down by 25% in the last two weeks, losing the 61.80% Fibonacci level.

Tradingview

With the downfall, SOL price trend approaches the 50% Fibonacci level, a crucial support level at $130. Currently, the altcoin is at a pivotal stage as it stands at the psychological mark of $150.

If the uptrend manages to bounce back next week, the altcoin can resurface above $200. However, a bearish win at $130 will prove fatal for the altcoin.

The well-known Bitcoin alternative, BCH price lost 21% of its market value this week, with a 13% drop last night. The downfall creates an evening star pattern in the weekly chart, threatening the recovery rally in Bitcoin Cash.

Tradingview

The evening star fractures the 38.20% Fibonacci level and even the $550 mark. Currently, the BCH price trades at $535 and struggles to find a support zone. With the next level in sight at $500 or $410, the downside risk is high in Bitcoin Cash.

However, a bounce back in Bitcoin can fuel a reversal in BCH to reach the psychological mark of $1000.

See the article here:
Crypto Market Prediction For Coming Week: What's in Store For Bitcoin and Altcoins - Coinpedia Fintech News

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These 3 Altcoins Are the Biggest Gainers After the Weekend Dip – BeInCrypto

As the cryptocurrency market recovers from a bearish weekend sell-off, three altcoins have emerged as significant gainers, showcasing resilience and bullish momentum.

BeInCrypto looks at three altcoins that have seen a dramatic recovery following the weekends bloodbath.

Following a bearish weekend with over $1 billion in liquidations, the market has slowly begun recovering its recent losses. Bitcoin has reclaimed $66,000 after tapping $60,000 on Saturday, April 13. These three altcoins have also seen the biggest recoveries over the past two days.

Firstly, Core (CORE), known for its decentralized finance (DeFi) solutions, exhibited a remarkable bounce back. Technical charts indicate a robust recovery of over 46% from its recent lows, with price action firmly crossing above the 20 and 50-period moving averages.

CORE recently witnessed a one-year high of $4.37 on April 2 before the price declined by 72.5%. The price has since seen an impressive recovery over the past 24 hours.

Read More: Which Are the Best Altcoins To Invest in April 2024?

The Relative Strength Index (RSI) on the 4-hour chart mirrors this sentiment, climbing steadily and reflecting increasing buyer interest.

NEO, often called the Chinese Ethereum, also displayed impressive gains, per the Binance 4-hour chart. The asset has seen a surge of over 52% post-sell-off, with price candles breaching past key moving averages in a show of strength.

NEOs surge can be attributed to its solid fundamentals and recent updates that have bolstered investor confidence. The price is almost back to its recent 2-year high of $23.82, sitting at $22.25 at the time of writing.

ONDO, although lesser-known, has not lagged in the rally. ONDO most recently also moved $95 million to Blackrocks tokenized fund; the move aims to expedite OUSG transactions from trade date plus two days to instant, addressing investor concerns.

The price chart for ONDO reveals a 60% increase, with the latest candles forming a bullish configuration. This comes from a dramatic 47% decline since reaching its all-time high on March 31.

The RSIs upward trend supports the positive price action, suggesting that ONDO could be on track for further gains. The price of ONDO currently sits at $0.97 Slightly below its all-time high of $1.05.

These three cryptocurrencies stand out not only for their recovery but also for the technical indicators signaling a shift in market dynamics. Their ability to register substantial gains amidst market-wide pressure is a testament to their strong community support and technological value proposition.

Read More: 7 Hot Meme Coins and Altcoins that Are Trending in 2024

While the broader market remains cautiously optimistic, especially with the Bitcoin halving around the corner, these three altcoins have laid down the gauntlet, demonstrating what is possible in a volatile and ever-changing landscape. As the market stabilizes, these tokens could set a precedent for the next wave of altcoin rallies.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that ourTerms and Conditions,Privacy Policy, andDisclaimershave been updated.

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These 3 Altcoins Are the Biggest Gainers After the Weekend Dip - BeInCrypto

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Gear Up For Altcoin Season: Top Picks To Energize Your Portfolio – The Crypto Basic

The crypto market is buzzing with a fresh sense of energy as a new bull run takes hold. Investors are keen to discover which alternative cryptocurrencies could surge, offering the chance to boost their portfolios. This article dives into prime candidates that stand out in the current market climb, aiming to guide readers through the plethora of options to those with potential for significant growth. Get ready to explore selections that could revitalize investment strategies in the midst of this energetic market phase.

BlastUP, the premier launchpad on Blast, has recently made waves in the crypto world with its stunning debut, raising $4.6 million in just a few weeks. Many smart investors are rushing to buy BlastUP tokens before their value skyrockets.

Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.

Buy BlastUP tokens before they skyrocket

Toncoin has seen impressive gains, with a weekly increase of 31.85%, a monthly surge of 81.58%, and an enormous 235.97% rise over the past six months. Trading between $5.29 and $7.98, the price shows a strong upward trend and is currently in a push phase, with the RSI at 64.65 suggesting buyers are active.

Looking ahead, the upward moves could take TON closer to resistance at $9.18, as the indicators like Stochastic at 80.30 show strong buying pressure. With the averages at $6.98 and $6.77 supporting the uptrend, optimism is warranted, though reaching the second resistance at $11.87 may take time. However, cautious traders will note the current prices could also attract sellers, potentially testing support at $3.81.

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The Optimism (OP) crypto has seen lively price movement. In the past week, the value dropped by about 25%, and from last month, its down over 37%. However, looking back six months, its almost doubled in price. The current price sits between $1.64 and $3.22, suggesting a mix of ups and downs recently.

Looking ahead, Optimisms (OP) price has a shot at rising, with resistance ahead at $4.10, potentially paving the way to $5.68 if it breaks through. But it could also fall, with support at $0.95. Markets seem warm to OP now, but its smart to watch both good and bad possibilities.

Aptos (APT) has seen a substantial drop in recent weeks. The price of APT has fallen by over 29% in the last week and 36% in the past month. However, looking back half a year, the price has actually increased by roughly 93%. Currently, the coins price moves between $6.03 and $13.79. The price action seems corrective after a previous uptrend, as evidenced by these decreases.

Looking ahead, APT shows potential for recovery but also faces challenges. The price is above the 10-day average of $9.48 and below the 100-day average of $10.33, suggesting some hesitation among investors. If positive sentiment increases, resistance at $17.98 could be tested, but further drops could see prices approach or even test the support at $2.46. The RSI is moderate, indicating theres room for both upside and downside moves.

Polkadot has seen varied movements recently. In the past week, its value dropped by 18.39%. Looking over the past month, the decline is steeper at 34.32%. However, in the last six months, theres been an impressive gain of 93.46%. Currently, the price is swinging between $5.36 and $8.74. The price action has shown both impulsive spikes and corrective dips.

Predicting DOTs future price can be tricky. Its current momentum is closer to the upper end of the recent range, suggesting a possibility of reaching the nearest resistance at $10.62. Should it break past this, the next target could be $14.01. However, if it reverses, it might test support levels at $3.84 and could possibly drop further if the market turns against it. Both enthusiasm for its technology and market trends will shape DOTs journey ahead.

While TON, OP, APT, and DOT carry less short-term potential, BlastUP stands out with its strong concept and integration into the Blast ecosystem, positioning it with the highest potential to excel. Investing in BlastUP offers a promising opportunity during the bull run of 2024.

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Disclaimer: This Press release article is provided by the Client. The Client is solely responsible for this pages content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.

Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Gear Up For Altcoin Season: Top Picks To Energize Your Portfolio - The Crypto Basic

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TikTok Established a Partnership with This Altcoin, There was a Sudden Rise in Price! – OIKONOMIA

BytePlus, the enterprise technology arm of TikTok parent company ByteDance, announced a strategic partnership with Mysten Labs, the developers behind the Sui layer-1 blockchain.

As Tiktok transitions to Web3 in partnership with Sui (SUI), it was stated that the partnership will enable BytePlus to integrate its cutting-edge solutions, including ByteHouse, a cloud-native data warehouse, with Suis full node data.

In the statement made by Sui Foundation, the following statements were made:

BytePlus, the technology solutions subsidiary of TikTok parent company ByteDance, is taking its first step into Web3 with blockchain with Sui.

BytePlus will work with Mysten Labs to adapt recommendation solutions and augmented reality products to Sui, among other services.

The company selected Sui as the best blockchain network to offer its services supporting gaming and social applications.

The technological strength demonstrated by BytePlus, combined with Suis next-generation innovations, will lead to innovative services and applications.

After the news, SUI started to rise.

*This is not investment advice.

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TikTok Established a Partnership with This Altcoin, There was a Sudden Rise in Price! - OIKONOMIA

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