$SHIB Analysis

Shiba Inu (SHIB) has been on a downward trend since its all-time high of $0.00008845 in October 2021. However, the price has recently started to show signs of a reversal, breaking out of a long-term trendline. This could be a bullish signal, and if the price can continue to rise, it could reach new highs in the future.

The following are some of the key trendlines that are being watched by analysts:

The monthly trendline: This trendline has been in place since SHIB's all-time high in October 2021. The price recently broke out of this trendline, which could be a bullish signal. The 200-day

moving average: This moving average is also providing support for SHIB. If the price can stay above this moving average, it will be a positive sign for the bulls.

The $0.000008 resistance level: This is a key resistance level that SHIB has been unable to break through in recent months. If the price can break through this level, it would be a bullish signal.

Overall, the trendlines are starting to look bullish for SHIB. However, it is important to remember that the cryptocurrency market is volatile and anything can happen. It is always advisable to do your own research before investing in any cryptocurrency.

Here are some of the factors that could impact the price of SHIB in the future:

The overall performance of the cryptocurrency market. The release of new features or products by the Shiba Inu team. Partnerships with other companies or organizations. Public interest in SHIB.

#Shibainu

BTCUSD has been trading in a sideways market for the last couple of hours.$BTC

Support levels are now located at 64,500.00 and 60,300.00.

Now, the resistance level is located at 67,930.00.

If the pair rebounds from the resistance level, analysts recommend opening a Sell order with a take profit at the nearest support level.

In case the breakout is confirmed, analysts suggest opening a Buy order.
$BTC

The U.S. CPI report may extend the bearish trend in BTCUSD

Today, the U.S. Bureau of Labour Statistics will publish the Consumer Price Index (CPI) report at
12:30 p.m. UTC. The data release will likely affect the exchange rate of the U.S. dollar (USD) and related pairs.

How to use the opportunity: place a pending Sell Stop order near 56083.57, with a Stop Loss at 58179.31 and Take Profit at 53987.83.
The risk-reward ratio for this order is 1:1.
Explanation
The CPl report will show how the prices of goods and services purchased by consumers have changed over the past month. Most investors and traders will focus on the core inflation rate, which tracks the changes in prices for a basket of goods, excluding food and fuel.
The market expects a 0.2% rise in monthly core inflation and a 3.2% annual increase.
We project the U.S. core CPI figures to be higher than anticipated, implying a possibility for a bearish surprise in BTCUSD.$BTC $BTC
#CPI_BTC_Watch #BTC☀

$BTC analysis

BTCUSD has faced selling pressure in the past few hours.
The support levels are now at 62,000.00 and 54,600.00.
If the pair bounces off the support, analysts advise placing a Buy order with a take profit at the closest resistance level.

However, if a breakout is confirmed, a Buy order is recommended. The resistance level currently stands at 65,000.00.

$BTC analysis

BTC has been under selling pressure within the last couple of hours.
Support levels are now located at 62,000.00 and 54,600.00.
Now, the resistance level is located at 65,000.00.
#BTC☀ #BTC500K #btc70

$XRP Analysis
TP1: 0.6432
TP2: 0.6543

**Technical Analysis Update: Key Levels to Watch**
**Pivot Point: 0.6060**

**My Preference:**
- The market outlook remains bullish as long as the 0.6060 support level holds. If this level continues to provide support, the next target is 0.6543.

**Alternative Scenario:**
- A downside break of 0.6060 could shift the trend towards the bearish side, with potential downside targets at 0.5877 and 0.5768.
**Technical Indicators:**
- **RSI (Relative Strength Index):** The RSI is above 50, indicating a bullish sentiment, but it's important to monitor for any signs of weakening.
- **MACD (Moving Average Convergence Divergence):** Although the MACD is in positive territory, it is currently below its signal line, suggesting the possibility of a short-term retracement.
- **Moving Averages:** The price is trading above both the 20-period (at 0.6193) and the 50-period (at 0.6135) moving averages, supporting the bullish trend.

**Supports and Resistances:**
- **Resistance Levels:**
0.6762 **
0.6653 *
0.6543 **
0.6434
- **Support Levels:**
0.6204 (last)
0.6132
0.6060 **
In summary, as long as 0.6060 holds as a support, the bullish trend remains intact with a target of 0.6543. Keep an eye on the RSI, MACD, and moving averages to assess the trend's strength and any potential reversals.

#Xrp🔥🔥 #XRPPredictions $XRP

Technical Analysis Overview: Navigating Key Levels
Pivot Point: 0.74
Our Preference:
The market sentiment remains bullish as long as the price stays above the 0.74 support level. This suggests that as long as 0.74 holds, there is a higher probability of an upward movement.

Technical Indicators:
RSI (Relative Strength Index):
The RSI is above 50, indicating that the market is in bullish territory.

MACD (Moving Average Convergence Divergence):
The MACD is above its signal line and remains in positive territory, reinforcing the bullish outlook.

Moving Averages:
The price is trading above both the 20-period (at 0.75) and the 50-period (at 0.74) moving averages, further supporting a positive market configuration.

Supports and Resistances:
Resistance Levels:
0.81 **
0.80 *
0.79 **
0.78Support Levels:
0.76 (last)
0.75
0.74 **
0.72 *
The overall outlook is positive as long as the price remains above 0.74.Keep an eye on the RSI, MACD, and moving averages to gauge the strength of the trend. #bitcoin #BTC☀ @Tezos $XTZ

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🚨📢 BREAKING: MAJOR Issues with #Shibarium's Blockchain

Shibarium is a layer 2 blockchain developed by the Shiba Inu community to address the scalability and high gas fees problems of the Ethereum blockchain. The testnet was released in July 2023, but it was plagued with problems and the mainnet launch has been delayed indefinitely. The future of Shibarium is uncertain, but it is a risky investment at this time.

In the meantime, there are other layer 2
Only time will tell what the future holds for Shibarium. However, the project's current problems have made it a risky investment. Investors should carefully consider the risks before putting any money into $SHIB
#Shibainu

$BTC LONG TERM SCENARIO

BTC long term scenario keep it in mind whether it`s going in any direction but for me down is more expected before big pump till next 2/3 months.

#BTC

$ETC ANALYSIS

30 MIN TIMEFRAME

The pivot point of 16.23 is a support level. The RSI is trading below 30, which indicates that the bears are in control. The MACD is negative and above its signal line, which is also bearish. However, the price is trading under both its 20 and 50 period moving average, which suggests that the market is oversold and could be due for a rebound.

The analyst's preference is for a rebound towards 17.19, but there is also a risk of a breakdown below 16.23. If the price breaks below 16.23, the next support levels are 15.86 and 15.64. If the price breaks above 16.23, the next resistance levels are 17.63, 17.41, and 17.19.

Overall, the technical indicators are bearish. The RSI and MACD are both bearish, and the price is trading under its moving averages. However, the price is oversold, which suggests that a rebound could be in the cards. Traders should monitor the price action closely and be prepared to take action accordingly.

Here are some additional thoughts on the technical analysis:

* The RSI is trading below 30, which is a very oversold level.

* This suggests that the bears may have exhausted themselves and that a rebound could be in the works.

* The MACD is negative and above its signal line, which is a mixed signal.

* This suggests that the bears are in control, but the bulls are not yet ready to take over.

* The price is trading under its moving averages, which is a bearish signal. However, the price is close to its moving averages, which suggests that a rebound could be imminent.

I hope this helps!

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share your thoughts in comment section:) Hope for the best

$DOT Analysis

TARGET 10$

It is correct that DOT has made a double bottom bounce on the weekly chart. This is a bullish sign, but the price needs to break the resistance cluster confluence of trendline resistance and horizontal at $5.76 to confirm the breakout. If the price breaks above $5.76, it could target the next resistance level at $10.26. However, if the price dumps below $4.87, it could invalidate the breakout and resume the downtrend.

Here are some additional thoughts on the analysis:

* The double bottom bounce is a bullish signal because it shows that the bears were unable to sustain the downtrend.The resistance cluster confluence at $5.76 is a strong resistance level.

* If the price breaks above this level, it would be a significant bullish signal.The target of $10.26 is based on the Fibonacci retracement levels.

* This is a popular technical analysis tool that traders use to identify potential support and resistance levels.

* The stop-loss of $4.87 is based on the 50% Fibonacci retracement level. This is a common level where traders place stop-losses to protect their profits.

Overall, the analysis is bullish for DOT.

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It’s 999
Thank you y’all for this milestone 🙏🏻

Will share more technical analysis

#crypto2023 #BTC #ETH

$ETH Analysis

TARGET 1990

**NEVER ENTER WITHOU BREAKOUT**

1 HOUR TIMEFRAME

The pivot point of 1827 is a neutral level. The RSI is above its neutrality area at 50, which indicates that the bulls are in control. The MACD is negative and above its signal line, which is also bullish. However, the MACD must break above its zero level to trigger further gains. The price is above its 20 period moving average but below its 50 period moving average. This suggests that the market is consolidating and could be ready to break out either to the upside or to the downside.

The analyst's preference is for a rebound, but there is also a risk of a breakdown below 1827. If the price breaks below 1827, the next support levels are 1802 and 1788. If the price breaks above 1827, the next resistance levels are 1919, 1905, and 1890.

Overall, the technical indicators are mixed. The RSI and MACD are bullish, but the price is still below its 50 period moving average. The analyst's preference is for a rebound, but there is also a risk of a breakdown below 1827. Traders should monitor the price action closely and be prepared to take action accordingly.

#ETH #Ethereum

$DOGE ANLAYSIS may rise to 0.0792 - 0.0801

30 MIN TIMEFRAME

The current pivot point for #Doge is 0.0755, which is a support level. The preference is for the price to continue to rise as long as 0.0755 is support. However, if the price breaks below 0.0755, it is likely to fall towards 0.0738 and 0.0729.

The RSI is above its neutrality area at 50, which indicates that the bulls are in control. The MACD is positive and above its signal line, which also suggests that the momentum is positive. This could lead to further upside in the price.

The price is also trading above both its 20 and 50 period moving average (respectively at 0.0765 and 0.0759). This suggests that the trend is up and the price is likely to continue to rise.

Overall, the technical indicators suggest that $DOGE is in a bullish state and could go higher. However, it is important to monitor the price closely and be prepared for a pullback if the price breaks below 0.0755.

Here are the key takeaways:

* The pivot point for SHIB is 0.0755.

* The preference is for the price to rise as long as 0.0755 is support.

* If the price breaks below 0.0755, it is likely to fall to 0.0738 and 0.0729.

* The RSI is above its neutrality area at 50.The MACD is positive and above its signal line.

* The price is trading above both its 20 and 50 period moving average.

#doge

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$BNB Analysis may rise to 245.2 - 247.4

30 MIN TIMEFRAME

The current pivot point is 237.8, which is a support level. The preference is for the price to continue to rise as long as 237.8 is support. However, if the price breaks below 237.8, it is likely to fall towards 234.1 and 232.0.

The RSI is above its neutrality area at 50, which indicates that the bulls are in control. The MACD is above its signal line and positive, which also suggests that the momentum is positive. This could lead to further upside in the price.

The price is also trading above both its 20 and 50 period moving average (respectively at 240.5 and 240.4). This suggests that the trend is up and the price is likely to continue to rise.

Overall, the technical indicators suggest that the market is in a bullish state and could go higher. However, it is important to monitor the price closely and be prepared for a pullback if the price breaks below 237.8.

Here are the key takeaways:

* The pivot point is 237.8.

* The preference is for the price to rise as long as 237.8 is support.

* If the price breaks below 237.8, it is likely to fall to 234.1 and 232.0.

* The RSI is above its neutrality area at 50. The MACD is above its signal line and positive.

* The price is trading above both its 20 and 50 period moving average.

I hope this is helpful!

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#BNB

$DOT Analysis may rise to 5.14 - 5.19

30 MIN TIMEFRAME

The current pivot point is 4.95, which is a neutral level. The preference is for the price to continue to rise towards 5.19 as long as 4.95 is support. However, if the price breaks below 4.95, it is likely to fall towards 4.86.

The RSI is above its neutrality area at 50, which indicates that the bulls are in control. However, the MACD is positive and below its signal line, which suggests that the momentum is slowing down. This could lead to a retracement in the price.

The price is also trading under its 20 period moving average (5.03) but above its 50 period moving average (5.01). This suggests that the market is moving sideways and could be ripe for a breakout.

Overall, the technical indicators suggest that the market is in a neutral state and could go either way. However, the preference is for the price to continue to rise towards 5.19 as long as 4.95 is support.

Here are the key takeaways:

The pivot point is 4.95.

The preference is for the price to rise to 5.19 as long as 4.95 is support.

If the price breaks below 4.95, it is likely to fall to 4.86.

The RSI is above its neutrality area at 50.The MACD is positive and below its signal line.

The price is trading under its 20 period moving average (5.03) but above its 50 period moving average (5.01).

I hope this is helpful!

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The Indian government is considering a 30% tax on cryptocurrency transactions. The government has also proposed a 1% tax on all cryptocurrency holdings. Share your thoughts in comment section

$BTC

#crypto #crypto2023 #BTC #India

$BTC analysis

1Hour Time frame

The technical analysis for the long-term outlook for BTCUSD is bullish, as it is trading within an ascending parallel channel. However, the short-term outlook is bearish, as the pair is trading within a corrective bearish trend.

The main detail to watch is the key level at 29,320. If BTCUSD breaks below this level, it could drop towards the strong support level at 28,810. However, if BTCUSD is able to hold above 28,810, it could rebound and continue its long-term bullish trend.

I would recommend looking for buying opportunities as long as BTCUSD is trading above 28,810. However, it is important to remember that the cryptocurrency market is volatile and unpredictable, so it is important to do your own research before making any investment decision.

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#BTC

Some good news for #crypto2023

Bitcoin ($BTC) rose above $30,000 on Wednesday morning in Asia, as major players like PayPal delve into the crypto realm.

 PayPal launched its first stablecoin, called PayPal USD, on Tuesday. The stablecoin is backed by 1:1 by U.S. dollars and can be used to buy and sell cryptocurrencies on PayPal.

Solana ($SOL) led the post-PayPal stablecoin launch rally, with gains of over 10%. SOL is now the fifth-largest cryptocurrency by market capitalization.

Several U.S. banks were downgraded by Moody's on Tuesday, citing concerns about their exposure to the crypto market. The banks include Citigroup, Goldman Sachs, and Morgan Stanley.

Coinbase revenue beat estimates in the second quarter. The company's revenue rose 62% year-over-year to $1.17 billion.urrencies.