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koinmilyoner
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No more donuts were necessary for the final #bear #BTC
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Expect a 2.2% Increase in the Shiba Inu Price (SHIB) in the Near Future In line with overall market growth—meme coins saw an average 3.1% increase—the Shiba Inu price has soared by a noteworthy 2.2% over the last 24 hours. The indications are pointing to further gains, which is interesting. Major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) have seen retracements and losses, in contrast to this little gain. This performance highlights the resiliency of Shiba Inus, especially when contrasted with its sharp 32.21% drop in value during the previous month. However, it is still up 125.06% year-over-year, which is comparable to the rise of other big cryptocurrencies. Breaking below resistance, the Shiba Inu price is now asking: what comes next? It seems like SHIB is preparing for further upside after its price surged earlier today. View the Shiba Inu price chart along with detailed technical analysis. Citation: Binance. Notably, since this morning's high, the Shiba Inu price has fallen below two support levels. It is retesting the $0.00001723 resistance level (orange) in an effort to regain one at the moment. Shiba Inus show remarkable resilience despite this decline, with an RSI of 40 (purple). It has moved away from its overbought condition of 80 eight hours ago and is now in a neutral position, however it leans toward negative. Perhaps this is only a correction, and Shiba Inus are now in a better position to continue their ascent. For the last three days, the pink positive trendline has served as a support level. Assuming the Shiba Inu price remains above this level, it would suggest that the uptrend is robust, positioning the currency for more increases. Observable patterns corroborate this prediction; the 30-day moving average (yellow) is rising sharply and is merging with the slightly falling 200-day moving average (blue). In spite of the broader downturn, substantial short-term momentum may be on the horizon if the 30-day price index rises above the 200-day. #SHIB #BinanceTournament $SHIB
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Top Cryptos to Invest in Right Now: ENS, Dogwifhat, July 1 Name service for Ethereum wallets A promising beta investment in Ethereum Name Services (ENS) may advance the story of the Ethereum ETF. ENS is already well-known as a decentralized application (dApp) in the Ethereum ecosystem, and its success is almost certain as long as Ethereum keeps growing. Also, with ETFs going online soon, the Ethereum ecosystem is set to increase. ENS has risen 14% in the last 24 hours, according to CoinMarketCap, and is now testing long-term resistance in the $30–$33 region. If this level can be decisively broken, it would pave the way for a return to the all-time highs of approximately $170 and perhaps higher. The greatest cryptocurrency to purchase right now could be ENS, because a tenfold increase is possible. What Is Fatwa (WIF)? According to CoinMarketCap, Dogwifhat (WIF), one of the most popular Solana meme currencies, has increased in value by 12% over the last 24 hours. As a result, it is spearheading the overall crypto market upswing. At $2.30, WIF is 57% higher than its low point last week. It has broken a downtrend from its late May highs thanks to its most recent surge upward. This may reawaken resistance at $4.0, which would be a 75% increase from where it is now. There seems to be a lot of space for expansion when one considers WIF's market valuation, which was recently around $2.34 billion. After all, Dogecoin's market worth surpassed $32 billion earlier in the year. The idea that WIF produces returns of 10x during this bull market shouldn't be ruled out by investors. Thus, it may be the greatest cryptocurrency to invest in right now. #ENS #WIF #IntroToCopytrading $ENS $WIF
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Dell's founder and CEO tweets about Bitcoin again, raising its price Bitcoin price broke above the falling wedge pattern, suggesting a bullish trend. Bitcoin is again tweeted by Dell founder and CEO Michael Dell. On-chain data shows miners' selling activity reducing, indicating bullish momentum. BTC financing rates and open interest are rising. Bitcoin (BTC) broke above the falling wedge formation on Monday and traded 1% higher at $63,400. On-chain data indicates miners selling less, positive financing rates, and rising open interest, anticipating price rises in the coming days. On Saturday, Dell founder and CEO Michael Dell started a Twitter poll where respondents picked "AI," "Bitcoin," "love and relationships," or "none of the above" as the most important thing. Dell's engagement highlights Bitcoin's enduring social curiosity, with 43.1% of 64,035 votes going to "Bitcoin". The survey on X shows Bitcoin's continued appeal among digital-age fans, particularly crypto-centric ones, amid discussions on AI, love, and innovation. A comparable poll on a different platform will likely provide different results according to user demographics and interests. Technical analysis: BTC breaks falling wedge. Bitcoin price broke above the falling wedge on Monday and rose 1% to $63,400. BTC might increase 5% to retest its weekly barrier at $67,147 if it closes over $63,956 daily resistance. The daily chart's RSI and Awesome Oscillator are below 50 and zero. If bulls are returning, both momentum indicators must rise over neutral. BTC may advance 6% to retest weekly resistance at $71,280 if bulls are active and the crypto market is upbeat. If BTC closes below $58,375 and makes a lower daily low, negative sentiment may prevail. Bitcoin's price may drop 3% to $56,522, its May 1 low. #CPIAlert #BTC $BTC
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#MarketSentimentToday The Bitcoin Price Drop: Has It Ended? Keep An Eye On This Support Level Over the last week, Bitcoin's price took a major nosedive, bringing down the whole cryptocurrency market with it. At one point throughout the week, the leading cryptocurrency hit a low of $59,500, its lowest level in over two months. Even while investors are crossing their fingers that this is all done, it's still hard to tell whether Bitcoin is prepared to continue its positive trend. Whatever the case may be, a well-known crypto intelligence outfit has pinpointed a vital price point for Bitcoin's future trajectory. Metcalfe price valuation bands are the important indication here since they identified the preceding cycle's resistance levels and peaks. These bands, shown by the red line in the graphic below, did, however, provide crucial assistance in May. Just so you know, according to the Metcalfe Law, a network's value grows as the square of its user count. This rule basically says that the bigger and busier the Bitcoin network is, the more valuable the cryptocurrency is going to be. The Metcalfe price valuation bands, which provide a framework for pricing linked to the network effect, are developed from this theory. Based on the principles of the network, these bands provide a range of possible price levels for Bitcoin. These bands have served as solid support and resistance levels throughout the market's history. The $56,000 mark has served as an indication pivot point in the last several months, and the price of Bitcoin found solid support there in May. The price level may end up being crucial, according to CryptoQuant's study, if the leading cryptocurrency experiences more downward pressure. Nevertheless, a significant correction might occur in the market leader if the price of Bitcoin falls below this level. #CPIAlert #IntroToCopytrading #BTC $BTC
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💰💰💰ChatGPT can boost your portfolio from $900 to $400k! It may suggest investing ideas and clarify technical issues. Crypto trader ChatGPT prompts: ⭐Cryptocurrency diversifies assets ChatGPT may help you understand terminology, keep current, and create trading strategies. Since crypto is volatile, strategic preparation is essential. To avoid losing them, bookmark them. ⭐Analysis of the market Market trend research is a popular ChatGPT prompt for crypto traders. Ask about macroeconomic variables like inflation impacting crypto prices. Analyze Bitcoin and Ethereum market trends. ⭐Price Forecasts Get bitcoin price forecasts from ChatGPT. Technical indications, market mood, historical patterns, and macroeconomic considerations may be explained concisely. How much do you think [particular currency] will cost next month? ⭐A Technical Analysis Understanding technical analysis is essential for bitcoin investment. Understand bitcoin and concepts like moving averages and RSI. Explain the latest BTC technical analysis using moving averages and RSI. ⭐ Sentiment Analysis I analyzed crypto market sentiment using ChatGPT. When I inquired about ETH, it analyzed current news and social media to assess sentiment. Perform sentiment analysis on recent [Coin] news and social media postings. ⭐Manage Risk This ChatGPT prompt offers risk management advice. ⭐Review and alter your plan Sell automatically with stop-loss orders if prices drop below your level. What are good trading risk management strategies? ⭐Evaluating ICO A project may raise cash by selling coins in an ICO. ChatGPT summarizes whitepapers and other materials to assist crypto traders understand ICOs. Assess [particular ICO] project and WP potential. ⭐ Latest News ChatGPT provides daily crypto market updates. Instead than reading multiple articles, ask ChatGPT for a daily market overview. Write about today's bitcoin market news and occurrences. #IntroToCopytrading #BinanceTournament #CPIAlert
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