$UMA just broke out! 🤯 It's looking more than bullish now. | Mails على Binance Square

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$UMA just broke out! 🤯 It's looking more than bullish now.
#UMA  #UMA/USDT #UMAUSDT. #buythedip #altcoins 

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After reaching the level of $13, $AXS is still decreasing in a descending channel. The break of the $6,850-$6,450 support level pushed the price towards the next support in the $3.850-$4.100 area. Currently at the support level of this downward channel, AXS is showing signs of recovery, the speed of the downward trend is still decreasing, and the price may begin to spike towards $6 to $8 and above if support holds. #PowellAtJacksonHole #CryptoMarketMoves #MarketDownturn

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Bitcoin Analysis: Key Levels and Potential Breakout —— Bitcoin is currently trading within a descending channel, with the price bouncing between the resistance and support trendlines. The 100-day moving average (100MA) lies within this channel, further adding to the resistance. The price is near the support zone and may rebound towards the upper resistance trendline around $70,000. A breakout above this channel could signal a potential bullish move, while a failure to hold the support could lead to further downside. Patience is needed to see if $BTC can break out of this downward channel or continue to trend lower. #CryptoMarketMoves #PowellAtJacksonHole #LowestCPI2021 #MarketDownturn

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$OGN is currently hinting at a bullish continuation from a critical support zone at $0.0580. If OGN holds strong at this level, we could be on the verge of a significant bullish rally, echoing previous trends. A breakout above the key resistance at $0.1150 might set the stage for a run toward our targets. However, caution is essential. If the momentum falters at this critical support, we might witness a rebound from the lower support area around 0.05 #CryptoMarketMoves #MarketDownturn #OGNCoin

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CARV: Empowering the Future of Data in Gaming and AI Introduction and Ecological Analysis @CARV revolutionizes data by introducing a modular protocol that allows users to own, control, and monetize their data. The CARV Protocol disrupts traditional systems by offering decentralized solutions that empower users, especially in gaming and AI sectors. By leveraging blockchain technology, CARV ensures data privacy, ownership, and value distribution are transparent and user-centric. Benefits of the CARV Protocol The CARV Protocol gives users full control over their data, allowing them to verify, authenticate, store, and monetize it within a secure, decentralized framework. This empowers individuals to turn their personal data into an asset they control, fostering trust and transparency. Future Prospects of CARV CARV’s future is promising as it aims to redefine data utilization across sectors. Its approach could lead to broader adoption of decentralized systems, benefiting individuals and businesses alike, with a strong potential for integrating with emerging Web3 and AI technologies. CARV and Binance Web3 Wallet Airdrop To onboard new users, CARV partnered with Binance for a Web3 Wallet Airdrop in August 2024, offering participants $CARV tokens and other rewards. This campaign introduces more users to decentralized data ownership, highlighting CARV's commitment to building a robust community around its data empowerment movement. This mix of user empowerment, technology, and partnerships positions CARV to reshape how we interact with data in gaming and AI. #CARVingTheFutureOfData #BinanceWeb3WalletAirdrop

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Good Morning, Here’s a rundown of key events to watch this week: - Web3 Summit 2024 (August 19-21) - 5th Joint International Conference on AI, Big Data, and Blockchain (August 19-21) - Fed Members Speak (August 19-20) - Eurozone CPI (August 20) - FOMC Minutes (August 21) - Jobless Claims (August 22) - Fed Chair Powell Speaks (August 23) These events could provide crucial insights into a potential rate cut in September, with the possibility of a 25bps or 50bps adjustment. Technical Analysis Perspective From a technical analysis standpoint, the market seems to be forming a local bottom. Notably, some altcoins are breaking out of their downtrends, indicating possible shifts in the broader market. Personal Strategy I'm currently accumulating altcoins, sticking to the plan, and tuning out the noise. This strategy is rooted in a high-timeframe outlook, so patience is key as it unfolds. Additionally, keep an eye on the Gaming/NFT ecosystems—they're showing considerable strength recently. Closing Thoughts I hope you had a great weekend. Let’s aim for a productive week ahead! #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 #MarketDownturn #SahmRule

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