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$COTI Bullish Solid 3 Days prediction! (Give your prediction in comments let's see for 3days) Current Price: $0.14600 My Counter Prediction: $0.16800- in 3 days(.13-.16) Reasoning: The recent price action shows a slight bearish divergence, indicating a potential correction. The Relative Strength Index (RSI) is also in overbought territory, suggesting a pullback. Elliott Wave Forecast: Based on the 4-hour chart, I expect a corrective wave "B" to unfold, targeting $0.13800. This would be a 5.5% decline from the current price. Wave Structure: - Wave A: $0.13600 to $0.15200 (completed) - Wave B: $0.15200 to $0.13800 (expected) - Wave C: $0.13800 to $0.16200 (expected) Please note that Elliott Wave analysis is subjective and requires continuous monitoring. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. This prediction is for educational purposes only and should not be considered investment advice. DYOR #coti #Megadrop . #writetoearn #Write2Earn! #writetowin

$COTI

Bullish Solid 3 Days prediction!

(Give your prediction in comments let's see for 3days)

Current Price: $0.14600

My Counter Prediction:

$0.16800- in 3 days(.13-.16)

Reasoning:

The recent price action shows a slight bearish divergence, indicating a potential correction. The Relative Strength Index (RSI) is also in overbought territory, suggesting a pullback.

Elliott Wave Forecast:

Based on the 4-hour chart, I expect a corrective wave "B" to unfold, targeting $0.13800. This would be a 5.5% decline from the current price.

Wave Structure:

- Wave A: $0.13600 to $0.15200 (completed)

- Wave B: $0.15200 to $0.13800 (expected)

- Wave C: $0.13800 to $0.16200 (expected)

Please note that Elliott Wave analysis is subjective and requires continuous monitoring. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. This prediction is for educational purposes only and should not be considered investment advice. DYOR

#coti

#Megadrop .

#writetoearn

#Write2Earn!

#writetowin

Αποποίηση ευθυνών: Περιλαμβάνει γνώμες τρίτων. Δεν είναι οικονομική συμβουλή. Ενδέχεται να περιλαμβάνει χορηγούμενο περιεχόμενο. Δείτε τους Όρους και προϋποθέσεις.
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*Breaking: Tether CEO Slams EU's MiCA Regulations, Binance Weighs In - Stablecoin Showdown!* _Mica Regulations:_ 1. _Stablecoin regulation_: MiCA (Markets in Crypto-Assets) regulations aim to regulate stablecoins and other crypto-assets in the EU. 2. _Bank deposit requirement_: Stablecoin issuers will be required to hold bank deposits or similar instruments to back their stablecoins. 3. _Capital requirements_: Issuers must hold sufficient capital to cover potential losses. 4. _Anti-money laundering (AML) and combating the financing of terrorism (CFT) requirements_: Issuers must implement AML/CFT measures. _Tether's CEO Criticism:_ 1. _Opposition to bank deposit requirement_: Tether's CEO, Paolo Ardoino, criticizes the requirement to hold bank deposits, citing potential risks and inefficiencies. 2. _Concerns about centralization_: Ardoino argues that the regulation could lead to centralization and negatively impact the decentralized nature of cryptocurrencies. 3. _Impact on innovation_: He believes the regulation could stifle innovation in the stablecoin market. _Binance's Stance:_ 1. _Support for regulation_: Binance supports regulatory clarity and compliance. 2. _Concerns about over-regulation_: Binance has expressed concerns about over-regulation, which could negatively impact the industry. _Other Sources:_ 1. _EU's aim to create a unified crypto market_: MiCA regulations aim to create a unified crypto market across the EU, promoting consistency and clarity. 2. _Global implications_: The regulation could set a precedent for other jurisdictions, potentially impacting the global crypto market. DYOR #MicroStrategy #Binancepen_spark #writetoearn #writetowin #Megagrop
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