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M_Idrees
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Despite Ethereum's initial support at $3650, the current market situation suggests it's entering a precarious phase. Should Ethereum breach the $3650 mark, a drop to $3610 could occur swiftly. The full-day candlestick chart displays a robust bearish candle formation, indicating considerable downward pressure. The safe zone to watch for Ethereum lies around $3740. #M_Idrees #altcoins #BTC #TopCoinsJune2024 #IOprediction {spot}(ETHUSDT)

Despite Ethereum's initial support at $3650, the current market situation suggests it's entering a precarious phase. Should Ethereum breach the $3650 mark, a drop to $3610 could occur swiftly. The full-day candlestick chart displays a robust bearish candle formation, indicating considerable downward pressure. The safe zone to watch for Ethereum lies around $3740.

#M_Idrees #altcoins #BTC #TopCoinsJune2024 #IOprediction

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BTC needs to hit $69,850 until the market stabilizes at this point, altcoins won't recover and will continue to decline. To generate buying pressure, we need the resistance to reach a maximum of $70,000. If support at $69,000 breaks, the likelihood of the market dropping to $68,000. #M_Idrees #altcoins #BTC #TopCoinsJune2024 #BnbAth
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Ethereum currently has support at $3,694, which is preventing it from falling further. However, if the market doesn't reach $3,730-$3,740 within the next two hours, we could see a drop to $3,660. If Ethereum doesn't recover at $3,660 within 15 minutes, the position will weaken even further. #M_Idrees #altcoins #BnbAth #TopCoinsJune2024
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Right now, $69,000 is the critical level for BTC. A large bearish Marubozu candle is forming, but its shadow is close on both sides. If BTC breaks below this level and doesn't recover within an hour, we could see a drop to $68,200-$68,500. For recovery, we need to reach $69,850, with an initial target of $69,650. #M_Idrees #BTC #altcoins #TopCoinsJune2024 #BnbAth
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Currently, Ethereum's support level is $3700. If it falls below this level, we could see a temporary dip to $3665. The key resistance level is $3745, and maintaining resistance at this level for 60 minutes could push Ethereum's price up to $3780-$3790. #M_Idrees #EthereumPower #altcoins #BinanceLaunchpool #EthereumDown
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We can observe a bearish hanging man candle forming, indicating the market is at a crossroads. Currently, the key support level is $67,000. If this support is broken, the market could drop to as low as $65,900-$65,500. However, it is crucial that if the $67,000 level is breached, there should be a recovery period of 45 minutes. Without allowing for this recovery time, attempting to reach the target could result in losses. To achieve a full recovery, we need the price to reach $68,490. #M_Idrees #BTC #BinanceLaunchpool #altcoins #BinanceSquareFamily
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