In a twist most unforeseen, Bitcoin flirted with reaching a record peak earlier today ā only to retreat modestly, leaving us all in suspense. Yet, intriguingly, this sudden rise has stirred a most bullish spirit among the lesser coins, who now gaze expectantly at the horizon. šÆ
BeInCrypto, ever the vigilant observer, has singled out three altcoins that are apparently crucial for the discerning investorās attention, amid some grand developments on the horizon which could, indeed, be as momentous as a ball at the British court.
Maker (MKR)
Alas, MKRās recent value has fallen by a discomforting 12%, a decline that might dampen the spirits. However, hopes are buoyed by an upcoming event ā the Phase One deployment of the MKR to SKY upgrade, commencing on May 19. This change, part of Makerās grand rebranding to the Sky, aims to transform its ecosystem and dazzle investors anew. āØ
Should the esteemed approval of the Executive Vote pass, SKY will take its place as the governance token, stirring thoughts of a resurgence in MKRās fortunes, possibly soaring to a magnificent $1,894, or even striving further towards the resistance of $2,188 ā a sign that the marketās bullish enthusiasm remains alive and well.
Yet, caution! If MKR dares to fall below the supportive threshold of $1,655, one might expect a descent to $1,555, or perhaps even further down to $1,325. Such an event would put a damper on our bullish hopes, signaling increased selling pressures and perhaps a prolonged downturn ā oh dear!
OFFICIAL TRUMP (TRUMP)
The TRUMP token, dear readers, remains quite dull in its priceāvolatility appears to have taken a lengthy holiday. Nonetheless, the ominous Ichimoku cloud underneath suggests that fortunes may, at least, stay steady, resisting a further decline amidst broader benign trends. š§
Eagerly anticipated is the grand occasion on May 22 ā the illustrious Day of the TRUMP Dinner, where the top 220 holders will have the honor of dining with the US President in Washington D.C. One cannot help but wonder if such a political soirĆ©e might ignite a spark of excitement in the market. š„
This social event may propel the price beyond resistance levels of $13.36 and $14.53, perhaps aiming for $17.14 ā or so the hopeful expect. Yet, beware! A breach below support at $12.18 might cause the price to plummet to $10.29, turning our bullish dreams into a rather sad reality.
Floki (FLOKI)
FLOKI, that cheeky meme coin, is attempting a precarious recovery after losing 21%āa most discouraging feat, especially after failing to breach the resistance at $0.000113. The Parabolic SAR looms above, hinting that perhaps further downward movement is imminent, much to the despair of its admirers. š
Yet, hope flickers ā the delayed BADAI airdrop, long postponed since February, might just revitalise FLOKIās fortunes. Investors, ever the optimists, await promising news to spark buying fever, potentially offsetting bearish signals and bringing a glimmer of stability. š¤
If FLOKI manages to leap beyond the $0.000100 mark, it may challenge resistance at $0.000113 and perhaps commence an upward journey. Conversely, falling below $0.000090 could send it sliding toward $0.000071, thereby dashing any bullish ambitions and leaving investors in a state of dismay.
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2025-05-19 22:44