According to Jinishi Data: The U.S. Bureau of Labor Statistics reported a 0.2% increase in the Consumer Price Index (CPI) for October 2024, on a seasonally adjusted basis, maintaining the same monthly rise seen in August and July. Over the past year, the CPI has increased by 2.4% before seasonal adjustments.Core CPI, which excludes volatile food and energy costs, edged up to 3.3% in September 2024 from 3.2% in prior months, slightly above market expectations. According to Trading Economics, this persistent core inflation remains higher than the Federal Reserve's target of 2%, raising questions about future Fed policy adjustments.In October, the annual rate for core CPI stayed at 3.3%, aligning with analyst projections. Meanwhile, September’s unadjusted annual CPI rate reached 2.6%, ending a six-month downtrend and marking a three-month high. Analysts suggest that these inflation trends may affect the Federal Reserve’s policy approach in upcoming months.

$600 in This Token Could Reach $100,000 in the Next 10 Weeks and its Not Dogecoin Or Shiba Inu.
Exponential gains abound in the crypto market; now and then a token surface offers an amazing chance for large returns. That token in the current terrain is Rexas Finance (RXS). At its presale stage, merely $0.07, $600 invested in RXS might perhaps reach $100,000 in the next 10 weeks, an amazing 16,567% rise. Rexas Finance ranks top 1 among cryptocurrencies to buy over well-known Shiba Inu and Dogecoin.
$DOGE
$SHIB
$XRP
#USInflationAboveTarget #CPIUpdateOctober #TrumpNominatesMuskDOGE

$DOGE will reach $1?
According to technical Analyse;
Doge is roaring at $0.4134, riding a wave of momentum that has the crypto world buzzing. Let’s take a look at what could happen over the next six hours, diving into the technicals, indicators, and whale movements that are shaping its path.
Technical Analysis & Market Insight:
1. Momentum Indicators:
RSI: With Doge’s recent surge, the RSI is likely in overbought territory. This suggests that while excitement is high, Doge might need a short pause to let the rally breathe.
Moving Averages (EMA): The shorter EMAs are climbing rapidly above the longer ones, a classic sign of bullish momentum. However, if price strays too far from these EMAs, a short-term pullback could be in the cards as Doge stabilizes.
2. Key Support and Resistance Levels:
Resistance: Around $0.42 - This is the next key level Doge needs to conquer. If it can break above, it might attract new buyers, fueling a further climb.
Support: Around $0.39 - This level has potential as a solid floor where buyers could step in, keeping Doge in bullish territory if any dip occurs.
3. Whale Activity:
The recent gains have likely caught the attention of big players. If whales continue to hold or buy, Doge could see further upside. But if they start taking profits, we might see a quick dip to support levels.
Potential Moves in the Next Six Hours:
Scenario 1: Bullish Breakout Above $0.42
If Doge pushes past $0.42 with strong volume, it could spark another wave of buying, potentially taking the price up to the $0.45 region or beyond.
Scenario 2: Minor Pullback to $0.39
If profit-taking sets in, a pullback to $0.39 could allow Doge to catch its breath. This consolidation would be a healthy step before the next push higher, providing a fresh entry point for buyers.
Best Trade Setup:
Breakout Long: If Doge breaks above $0.42, consider a short-term long position with a target around $0.44-$0.45.
Buy on Dip: If Doge retraces to $0.39 and stabilizes, it could be a good entry for those looking to ride the next potential move up.
In essence, Doge is at an electrifying point! A breakout could lead to new heights, while a pullback might just be the recharge it needs. The next few hours hold promise for thrilling action, as Doge keeps surprising and keeping traders on the edge of their seats!
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Coinbase has officially announced that Pepe Coin (PEPE), a well-known meme cryptocurrency, will be listed on its platform starting today, according to Chief Legal Officer Paul Grewal.
He teased the announcement on X, saying, “You’ve been waiting for the frog, and now it’s here.”
Interestingly, the announcement came just after Robinhood, another prominent U.S. trading platform, revealed its own plans to list PE
Although PEPE supporters have been calling for its addition to Coinbase for over 18 months, Coinbase’s move follows closely on the heels of Robinhood’s decision.
The double announcement has already impacted PEPE’s value significantly. Within just an hour, the token surged by 47.8%, reflecting heightened excitement around these listings.

#USInflationAboveTarget #CPIUpdateOctober #MidNovemberMarket #cryptomarketcapATH #Devcon2024

Will $BTC hit $100,000+ or Not ?
According to technical Analyse;
Bitcoin is holding strong at $91,663, with excitement pulsing through the market. Let’s uncover what might unfold over the next six hours, driven by the data from indicators, whale movements, and technical levels.

Technical Analysis and Market Insight:

1. Momentum Indicators:

RSI: With Bitcoin’s powerful rally, the RSI is likely in overbought territory, hinting that a cooldown might be on the horizon as some traders secure profits.

Moving Averages (EMA): Short-term EMAs are aligned in a bullish stance, pointing to strong upward momentum. However, BTC may eventually need to pull back to these levels for consolidation.

2. Critical Support and Resistance:

Resistance: Around $92,000-$93,000 – This zone will test the rally. A clean breakthrough here could spark a wave of excitement, pushing BTC toward new highs.

Support: Around $90,000 – This level acts as a psychological anchor where buyers may step back in, creating a foundation for the next move up.

3. Whale Activity:

Whale wallets have likely been fueling this surge, but they may take a cautious approach at this point. If they hold steady or add more, BTC’s rally could continue. However, if they start to take profits, a dip could bring BTC closer to $90,000.

Potential Moves in the Next Six Hours:

Scenario 1: Breakout Above $92,000
If BTC climbs above $92,000 with strong volume, it could open doors to $94,000-$95,000, feeding into the bullish momentum.

Scenario 2: A Healthy Pullback
If profit-taking kicks in, BTC could ease down to the $90,000 level, consolidating before another potential surge. This dip could provide a new entry point for those waiting on the sidelines.

Best Trade Setup:

Breakout Trade: If BTC crosses $92,000, consider a short-term long with a target around $94,500.

Dip Buy Opportunity: If BTC pulls back to $90,000 and stabilizes, it could be a chance to enter for the next leg up.

In summary, BTC is at a thrilling juncture! A breakout could lead to fresh highs, while a dip might just be the pause that refreshes this powerful trend. Stay sharp, as the next few hours could reveal Bitcoin’s next bold move!
- Check now...👉$BTC
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#USInflationAboveTarget