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This is a brutal liquidation long trade for #Bitcoin The price has dropped from $72,000 to $68,900 in just a few minutes . 🥸 However, there may be a signal to buy now for those who are brave enough. The RSI is currently at 4.85, which is deeply oversold territory. This could indicate that the sell-off is nearing its end and that a bounce is imminent.$BTC
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#XRP Price Goes $3? Record Increase in Millionaire Addresses Hints at Unexpected XRP Explosion XRP $0.4883 -6.72% According to data from the cryptocurrency data analytics platform Santiment, the number of addresses holding at least one million XRP has reached a new all-time high. This surge often precedes significant price gains for the coin. According to Santiment’s data, XRP has recently experienced a strong upsurge, pushing it to seek a high of $0.57. But what stands out most is that the so-called “millionaire addresses” of XRP have continued to hit new record highs of over 2,013. This is one address less than the previous record of 2,014 recorded in June 2023, following a major victory by Ripple against the SEC in its legal battle to prove that XRP is not a security. Is a new bullish rally approaching for XRP? Historically, when similar peaks occur in the number of millionaire XRP holders, Ripple’s native coin has seen significant price increases. Last June, after reaching its all-time high of millionaire addresses, the price of XRP almost doubled in a month, rising from $0.45 to nearly $1. However, it has not managed to retest those highs since then. The renewed enthusiasm of large investors for XRP may be due to the recent announcements made by Stuart Alderoty, Ripple’s Chief Legal Officer, who publicly voiced objections to the SEC’s request to impose fines of $2 billion on Ripple for historic institutional sales of its cryptocurrency XRP. Alderoty argues that regulators’ request for millions in sanctions is disproportionate since the case did not involve allegations or findings of reckless or fraudulent conduct by Ripple. Furthermore, the company achieved several significant victories in some of the key litigation issues. #XRPnews $XRP
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$WING I still expect it to take 1 or 2 weeks then watch it rule the top gainers. As long it holds 7$ ranges it will be entering bullish stage. currently still top 3 gainers but still monster is yet to awake. #WING #SriLanka #TopCoins2024 #Sriceyloncrypto
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#PEPE $PEPE Whale Deposits High Volume of PEPE as Price Surges. In recent weeks, PEPE has experienced a massive surge, attracting the attention of giant whales who are starting to capitalize on the current price momentum. Last month, the coin rose by an impressive 60%. Notably, a particular whale deposited a colossal 365 billion PEPE into Binance, according to data from Lookonchain. This same whale gained fame six months ago for turning an investment of $494,000 into a staggering $5.3 million. With PEPE's market capitalization now surpassing $6 billion, the whale may have identified a lucrative opportunity to realize profits. Despite a slight slowdown in PEPE's growth over the past week, the overall bullish market sentiment suggests that the project's price could soon reach new heights. Analyses indicate that PEPE is currently positioned in a part of the chart that signals an upward trend, suggesting exponential growth similar to that observed in the past month. This upward trajectory has fueled optimism among investors, who believe that PEPE could continue to climb at a remarkable pace. The whale's substantial deposit reflects confidence in the coin's potential for further appreciation, adding to the excitement surrounding PEPE's future prospects. As PEPE continues to draw interest and investment, it remains to be seen how high the price can go. However, the recent developments and the whale's significant actions provide a strong indication of the coin's promising direction. Investors are closely monitoring PEPE, anticipating that the current momentum could propel it to unprecedented levels in the near future. #PEPE #CRYPTONEWS #TopCoins2024
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#BTC #ETH #BNB It's a prudent move to sell your coins and convert them into USDT (Tether) as a safe haven during a market downturn. USDT is a stablecoin pegged to the US Dollar, designed to maintain a 1:1 ratio with the USD, providing stability in times of market volatility. Here are some considerations to keep in mind: 🔒 **Safety and Stability:** USDT offers a stable value compared to volatile cryptocurrencies, making it a popular choice for traders seeking to preserve their capital during market fluctuations. 💰 **Liquidity and Accessibility:** USDT is widely accepted on various cryptocurrency exchanges and platforms, providing liquidity and ease of access to your funds when needed.
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