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Mr_Tycoon23
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Bullish
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WEEKLY TRADING CHALLENGE ( 2ND DEC - 8TH DEC )🚀
TRADE #4📊
$BTC
LONG
ENTRY : 96600
SL : 93566
TARGETS : (1) 98200
(2) 100000+
#BNBHitsATH
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Here's the latest analysis update for 1000RATSUSDT: Current Trend and Price 1000RATSUSDT is currently trading at around $0.1287, with a 2.14% increase in the past 24 hours. Technical Analysis The 1000RATSUSDT pair has formed a bullish pennant pattern, indicating potential continuation of the upward trend. However, some analysts suggest that the price may face resistance at the $0.1306 level and potentially drop to the $0.1208 level. Key Levels to Watch - Support Areas: $0.1208, $0.1082, and $0.0900 - Resistance Levels: $0.1306, $0.1406, and $0.1487 Trade Ideas - Long Position: Consider buying 1000RATSUSDT around the support level, targeting the resistance level. - Short Position: Consider shorting 1000RATSUSDT around the resistance level, targeting the support level. Remember to always do your own research and consider multiple sources before making any investment decisions. #ThanksgivingBTCMoves
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*Altcoins bull started in Q4 2020 is programmed as of Q4 2024 #Altcoins will continue explode to break out hard!* The total cryptocurrency market capitalization is currently around $3.43 trillion, with a 0.16% increase in the past 24 hours. The global market cap has seen significant growth, with a 105.92% increase year-to-date and a 47.67K% increase all-time. Market Trends: - The altcoin market cap is around $365.61 billion, with a 1.63% decrease from yesterday. - Bitcoin's dominance is at 55.0%, while Ethereum's dominance is at 12.5%. - The 24-hour trading volume is around $285.89 billion, with a 6.20% increase. Key Insights: - The cryptocurrency market has seen significant growth, with a potential breakout above the resistance level. - Investors are showing positive sentiment, with a growing market cap indicating interest and positive evaluation of the current market state. Keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making any investment decisions. $BTC #ThanksgivingBTCMoves
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What is next for XRP price as Hoskinson supports Ripple RLUSD? Ripple price held steady near its highest level this year ahead of the highly anticipated RLUSD stablecoin launch. That would be significant since Cardano’s network now has just $24 million in stablecoins. A future expansion of RLUSD to the Cardano ecosystem would help it grow its stablecoin volume. RLUSD, which is backed 1:1 by the US dollar, aims to compete with other growing stablecoins like Tether and USD Coin. Tether maintains a leading market share, with a 70% dominance. USD Coin, USDS, Ethena USDe, and Dai follow it. It will initially launch on Ethereum and the XRP Ledger. The main challenge for the RLUSD stablecoin is substantial competition. For example, PayPal’s PYUSD has accumulated just $495 million in assets, despite the big name behind it. The RLUSD launch comes at a time when the XRP price has staged a strong comeback, rising by over 400% from its lowest point this year. XRP has also jumped as investors cheer the upcoming changes at the Securities and Exchange Commission. Gary Gensler, who has battled Ripple Labs for the past four years, is expected to step down in January. The daily chart shows that the Ripple price has performed well in recent weeks. It has jumped above key levels at $1 and $2 and is now attempting to break above $3. XRP price remains above all moving averages, while oscillators like the Relative Strength Index and the MACD have moved to extreme overbought levels. Ripple is also forming a bullish pennant chart pattern, a popular bullish sign. Therefore, there is a likelihood that the XRP token will continue rising, potentially above $3. The risk, however, is that the coin could experience a brief pullback as it moves to the markdown phase of the Wyckoff Method. If this happens, it may drop to about $1.50. $XRP #CryptoZombieUprising
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As the Bitcoin whales maintain a wait-and-watch strategy and the BTC price falls near the $96,000 mark, Ethereum is making a bullish comeback. With an intraday surge, the Ethereum ETFs are showcasing positive trends, driving institutional demand. Ethereum Price Analysis In the 4-hour chart, the Ethereum Price action showcases the rising trend, creating a wedge pattern. Currently, the ETH price trend showcases a bullish turnaround within the rising wedge pattern. Will ETH Price Hit $4,000? Using the trend-based Fibonacci levels, the bullish turnaround dominates above the 50% Fibonacci level at $3,614. Currently, the Ethereum Price is at $3,675 and is taking off from the support trend line. Based on the Fibonacci levels, the overhead resistance trend line breakout will immediately challenge the 78.6% Fibonacci level at $4,009. Beyond this, the price target is stacked at $4,332. Starting with the Morning Star pattern at the 50-EMA line, the Ethereum Price action shows four consecutive bullish candles. This has resulted in a price jump of 4.83% from the 24-hour low of $3,503. With the bullish turnaround, the broader market anticipates a breakout rally ahead to reach the $4,000 mark this week. $ETH #ETHOnTheRise
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SUNDOGUSDT TARGET HIT & PROFIT BOOKED🎯 30% UP AFTER MY ENTRY🤩 1:2RR📈 I HOPE U GUYS HAVE MADE MONEY💰 $SUN #Share1BNBDaily
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