Welcome to the latest update on LINK. Despite Bitcoin's slight upward movement, LINK has been experiencing a downward trend, debunking the myth that altcoins always follow Bitcoin's trajectory. Currently, LINK is giving us the anticipated pullback discussed in the previous update.
Key Points:
Recent Trends: LINK has completed a five-wave pattern to the upside around March 10th, reaching approximately $22-$23. Since then, the market has been moving downwards in a WXY structure. The W wave bottomed on April 13th, and the X wave peaked around May 30th. The Y wave is currently in progress.Fibonacci Levels: The significant Fibonacci retracement levels are crucial to watch. The 12.76 level has been tested multiple times, offering opportunities for profit-taking. However, there is no confirmation yet that the wave 2 correction is complete.Market Dynamics: The market dynamics suggest a potential for unexpected shifts. One scenario involves a small B wave rally, which could push the price into the $1.57 to $7.69 region. For this scenario to materialize, the price must hold the $12.67 low and break above the $14.82 swing high.Potential Outcomes: There are two main scenarios being tracked: one where a B wave unfolds and another where a B wave forms as part of a triangle. In both cases, the price might reach around $10.10, a key target previously discussed.Bullish Scenario: For a more bullish outlook, LINK needs to rally in five waves and break above $7.69. Without this confirmation, lower prices remain more probable.
In summary, while there is potential for a B wave rally, the overall trend suggests caution. Key support and resistance levels will be critical in determining the next moves.
$LINK

In this update about GRT (The Graph), the focus is on the ongoing b-wave correction or a potential wave 4 correction. The chart is in a support zone, and the price reaction at this point is crucial for determining the future direction. Both wave counts are possible, but the chart's overall structure remains corrective, making it difficult to confidently predict a bullish turnaround.
Key Points:
Current Status: GRT has reached a new all-time low in the bear market, with initial rallies forming in three waves followed by a strong decline. There are no clear bullish signals yet, and the chart needs to form higher lows to confirm a reversal.Support and Resistance Levels: The chart has a corrective price channel with an upper boundary line that might offer resistance if there's an upside breakout. The lower boundary line, though less defined, could provide support around 12 to 15 cents.Retracement Levels: GRT has touched the 50% retracement level at 19.6 cents, but there was no significant reaction. The 100% extension of the C-wave is at 14.8 cents, a critical level to watch for support.Potential Reversal: The micro count of the current correction is the same for both wave 4 and wave B. A wave 4 should ideally not break below the 50% Fibonacci level, and anything beyond the 61.8% retracement would shift the focus to a more bearish outlook.
Next Steps:
Monitoring for a Breakout: An upside breakout of the corrective price channel could indicate an early reversal. Until then, a further decline to 15.7 cents (the 61.8% retracement) or 14.8 cents (the 100% Fibonacci extension) is anticipated.Fibonacci Confluence: The area between 14.8 and 15.7 cents shows Fibonacci confluence, making it a significant zone to watch for potential support and a reversal signal.
In summary, while the potential for a reversal exists, the current chart structure advises caution. Key support levels and a possible breakout from the corrective channel will be crucial indicators to watch.
$GRT

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In this analysis of HBAR, the potential for a five-wave move to the upside is discussed, although confidence in this prediction remains low. The analysis is based on corrective structures with a B-wave low in 2022, followed by an ABC structure that may have formed wave 1. This optimistic outlook could be invalidated if a larger wave two is still unfolding, which might lead to a significant decline.

Key Points:
Current Support Levels: HBAR is holding support at 7.1 cents, 6 cents, and 4.8 cents. A reaction at these levels will be crucial for the next potential rally.Potential Rally: If the current support holds, the next rally could push HBAR to around 44 cents. A breakout above the current trend line could be an early indication of this rally.Wedge Pattern: There is a possible wedge pattern forming, which could lead to a breakout. However, caution is advised due to the high B-wave from a previous news event, which means the C-wave might not necessarily end below wave A.Downside Risks: If HBAR breaks below the current support levels, particularly 6 cents and 4.8 cents, further downside is expected. This could invalidate the optimistic wave count.
Long-Term Outlook:
Wave Count Adjustments: The long-term chart indicates that the current price movement is part of a larger ABC structure. If the support levels hold, the next rally (potentially a third wave) could target 44 cents. Subsequent waves could push HBAR higher, possibly to 93 cents.Bearish Alternative: If HBAR fails to hold the 4.8 cents support level, the bearish alternative suggests a potential fifth wave down, leading to further declines.
In summary, while there is potential for an upward move in HBAR, the analysis highlights the importance of key support levels and the need for cautious trading. Monitoring these levels will be crucial for predicting future price movements
$HBAR

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In this analysis of FETCH.AI (FET), the focus is on the potential for a B wave rally according to Elliott Wave Theory. The video discusses the possibility of FET reaching the $210 to $3 region if a high B wave unfolds. This is contingent on whether the current B wave extends beyond its typical structure.
Key Points:
B Wave Rally: There is potential for a B wave rally that could push FET to the $210-$3 region. However, the current Elliott Wave pattern lacks clarity, making short-term trading challenging.Uncertainty of B Waves: B waves are known for their unpredictability in Elliott Wave Theory. They can vary greatly in length and complexity, which complicates short-term predictions.Support Levels: The main support level at $1.17-$1.74 is holding, suggesting a possible bottom locally. If this support is breached, further downside is expected.Third Wave Concerns: The third wave appears shorter than ideal, raising concerns about the reliability of the current wave structure. A short third wave indicates the need for cautious trading.Potential Breakout Levels: If FET maintains support at $1.17, the first key pivot will be between $210 and $2.50. Successfully holding these levels could lead to an extended B wave or a more bullish scenario.

Trading Strategy:
Cautious Approach: Due to the short third wave and general uncertainty, a cautious approach is advised. Traders should use additional indicators like trend lines, moving averages, and Fibonacci levels to complement Elliott Wave analysis.Monitoring Key Levels: Keeping an eye on the $1.17 support level is crucial. A break below this could signal a significant downside, while holding above it could indicate potential for a rally.Patience with B Waves: Understanding the unpredictable nature of B waves is essential. Traders should be prepared for both short-term fluctuations and potential long-term gains.
In conclusion, while there is potential for a B wave rally in FETCH.AI (FET), the current Elliott Wave pattern requires a cautious trading approach. Monitoring key support levels and being prepared for market fluctuations will be vital for navigating this uncertain phase.$FET #Write2Earn!

The PYTH Network has garnered considerable interest in the cryptocurrency community, and its price movements have been the subject of much analysis. This article delves into the current state of PYTH Network's price using Elliott Wave Theory, providing insights into potential future trends, key support and resistance levels, and the need for a cautious approach given the current market conditions.
Understanding Elliott Wave Theory
Elliott Wave Theory is a robust analytical tool that helps traders predict market trends by identifying recurring wave patterns. These patterns are formed by the collective behavior of market participants and are categorized into impulsive waves, which move in the direction of the trend, and corrective waves, which move against it. Understanding these patterns allows traders to make more informed decisions about their investments.

Current Analysis of PYTH Network
Breaking Below the 78.6 Retracement Level
PYTH Network's price recently broke below the 78.6 retracement level at 31.4 cents. This is a significant move as it indicates a potential bearish trend. Although there are still hopes for a bullish reversal, the lack of clear bullish signals calls for caution.
The Importance of the Invalidation Point at 22 Cents
The invalidation point at 22 cents is crucial for PYTH Network's price. If the price falls below this level, it could signal further downside potential. Traders should keep a close eye on this level as it serves as a critical threshold for the market's direction.
Bearish Flag or Wedge Pattern
The current price structure of PYTH Network resembles a bearish flag or wedge pattern. These patterns often indicate potential downside breakouts, reinforcing the need for caution. Without a clear reversal signal, the market could continue to trend downward.
Need for a Clear Five-Wave Pattern
For a bullish scenario to materialize, PYTH Network's price needs to break above resistance in a clear five-wave pattern. This would confirm a shift in market sentiment and pave the way for an upward trend. Until such a pattern is observed, traders should remain cautious and avoid premature bullish assumptions.
Lack of Clear Bullish Signals
Currently, there is a lack of clear bullish signals in PYTH Network's price movements. The market has not formed any definitive five-wave patterns, and the corrective rallies suggest potential for further downside. This uncertainty warrants a cautious approach to trading.
Key Insights for Traders
Uncertainty in Long-Term Trend
There is considerable uncertainty in PYTH Network's long-term trend due to the lack of reliable one-two structures. This makes it challenging to predict future price movements with confidence. Traders should rely on detailed technical analysis and remain vigilant for any clear signals.
Invalidation Point and Potential Downside
The invalidation point at 22 cents is critical. If the price falls below this level, it could lead to further downside. Traders should use this level as a key reference point when making trading decisions.
Bearish Flag or Wedge Pattern Signals Caution
The resemblance of the current price structure to a bearish flag or wedge pattern indicates potential for a downside breakout. Traders should be cautious and avoid making bullish assumptions without clear confirmation from the market.
Importance of a Clear Five-Wave Pattern
A clear five-wave pattern and a break above resistance are necessary for confirming a bullish scenario. Traders should wait for these signals before considering any long positions. Until then, maintaining a cautious stance is advisable.
Warning Against Premature Bullish Assumptions
The lack of definitive bullish signals, such as three-wave rallies and corrective patterns, warns against premature assumptions of a low. Traders should exercise patience and wait for clear bullish signals before making any significant trading decisions.
Detailed Technical Analysis Required
Detailed technical analysis, including Fibonacci levels and market structure, is essential for a viable bullish scenario. Traders should rely on these analyses to guide their decisions and avoid making assumptions without concrete evidence.
Conclusion
In summary, PYTH Network's current price movements, analyzed through Elliott Wave Theory, suggest a period of uncertainty with potential for both upside and downside. The invalidation point at 22 cents and the lack of clear bullish signals emphasize the need for caution. Traders are advised to adopt a cautious approach, closely monitor support and resistance levels, and rely on detailed technical analysis for making informed decisions.
$PYTH

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The world of cryptocurrency is as volatile as it is intriguing. Cardano (ADA), a prominent digital asset, has captured the attention of investors and analysts with its fluctuating price trends. This article leverages Elliott Wave Theory to dissect the current state of ADA, providing insights on potential movements, key support and resistance levels, and a cautious outlook on future price directions.
Understanding Elliott Wave Theory
Elliott Wave Theory is a popular analytical tool used to predict market trends by identifying recurring wave patterns. These waves reflect the collective behavior of market participants, categorized into impulsive waves that move in the direction of the trend and corrective waves that move against it. By understanding these patterns, traders can make more informed decisions about when to enter or exit the market.

Current Analysis of Cardano ADA
Sideways Range and Wave 2 Correction
ADA is currently in a sideways range, potentially completing a Wave 2 correction. This stage typically represents a consolidation period before the market decides on its next major move. The correction has reached a 61.8% retracement level, a critical point in Elliott Wave Theory that often signals the end of the correction phase.
Downtrend and Resistance Levels
Despite the potential for an upswing, ADA remains in a downtrend, trading below the breakout point at 39.9 cents. This resistance level is crucial; breaking above it could indicate the start of a new upward trend, while failure to do so suggests continued bearish sentiment.
Sideways Consolidation and Support Levels
The current sideways consolidation indicates market indecision, with possible support levels between 36.9 and 37.9 cents. This range is vital for ADA's short-term stability. If prices remain above this support, it could pave the way for a recovery. However, a break below 36.9 cents might trigger further declines.
Potential for Upside Movement
There is a possibility of a Wave C of three forming, which could push ADA prices up to 41.7 cents. This would signify a short-term bullish phase, yet caution is advised as market conditions remain uncertain. Investors should closely monitor price movements around this level.
Key Insights for Investors
Long-Term Prospects
The long-term outlook for ADA shows potential for upside, indicated by a five-wave move from June to March highs. However, confirmation of a bottom at 36.9 cents is necessary to solidify this bullish prediction. Investors should watch for signs of stabilization before making significant moves.
Completing Wave 2 Correction
As ADA nears the completion of its Wave 2 correction, it approaches the 61.8% retracement level. This is a crucial juncture that could signal the end of the correction phase and the beginning of a new trend. Patience and close monitoring are essential during this period.
Maintaining a Cautious Stance
Given that ADA is still in a downtrend and has not yet shown a clear reversal signal, a cautious approach is recommended. The key resistance at 39.9 cents remains a significant hurdle. Until ADA breaks above this level, the risk of further downside persists.
Importance of Support Levels
The support range between 36.9 and 37.9 cents is crucial for ADA's stability. If prices stay within this range, it could indicate consolidation and potential recovery. However, a drop below 36.9 cents would likely lead to additional losses, reinforcing the need for careful market observation.
Wave C and Upside Potential
While there is a possibility of an upward movement towards 41.7 cents, this potential is tempered by overall market conditions. Investors should remain vigilant, ready to adjust their strategies based on emerging patterns and market signals.
Summary
In conclusion, Cardano ADA's current price movements, analyzed through Elliott Wave Theory, suggest a period of consolidation with potential for both upside and downside. The completion of the Wave 2 correction and the key resistance level at 39.9 cents are critical factors to watch. Investors are advised to adopt a cautious approach, keeping a close eye on support levels and market signals to make informed decisions.
$ADA

Key Insights:
The US government controls a Bitcoin wallet from the Silk Road seizure.The government's Bitcoin assets are currently valued at approximately $13.3 billion.
A crypto wallet known to be controlled by the US government recently transferred around 3,940 Bitcoin (BTC), worth $241 million, to Coinbase, according to data from Arkham Intelligence. The wallet currently holds approximately $13.3 billion worth of Bitcoin. This is ash is tied to the seizure of Bitcoin from Silk Road, a notorious dark web marketplace that was shut down in 2013.

Previous Transfers:
In April, the government allegedly transferred 30,175 BTC, worth about $2 billion, from the same wallet to Coinbase. The transaction was split into three parts, starting with a small test transfer of 0.001 BTC ($65) to a Coinbase Prime deposit address, followed by a main transfer of 1,999 BTC (around $130 million) to Coinbase. The remaining 28,176 BTC was sent to another government-controlled wallet, likely for a planned sale.
Market Impact:
Bitcoin's bearish momentum, which has been building since earlier this week, could be exacerbated by these large-scale transfers. On Monday, the trustee of Mt. Gox, a defunct exchange, announced it would start its $9 billion repayment plan next month, potentially increasing selling pressure as victims receive payouts in Bitcoin and Bitcoin Cash.
Additionally, the German government transferred 400 BTC to Coinbase and Kraken yesterday, with an additional 500 BTC moved to an untagged address. These moves have drawn significant attention from the crypto community, leading to speculation about the government's strategy for managing and selling its Bitcoin holdings.
Following the latest transfer, Bitcoin experienced a slight dip, hitting a low of $60,800 before recovering to around $61,000, according to CoinGecko’s data.
Conclusion:
This is a developing story, and updates will be provided as more information becomes available. The market is closely watching these large transfers, as they could significantly impact Bitcoin's price and overall market sentiment.
$BTC

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Ripple, the company behind the XRP Ledger, will unlock 1 billion XRP tokens worth $470 million on July 1. This move is part of Ripple's monthly sell-offs and could negatively affect XRP's price in the coming weeks.
Historical Context
Since 2017, Ripple has been unlocking 1 billion tokens every month through escrows. As of May 2024, the company uses 'Ripple (24)' and 'Ripple (25)' wallets to manage these escrows, which will continue until January 2025. On July 1, 'Ripple (24)' will unlock 500 million XRP in two escrows (100 million and 400 million), while 'Ripple (25)' will unlock a single escrow of 500 million tokens.
June Unlock Analysis
On June 1, Ripple unlocked 1 billion XRP from 'Ripple (24)' and 'Ripple (25)' accounts. The company reserved 200 million tokens for sell-off and re-locked the rest until September 2027. Ripple added 200 million extra XRP for the sell-off, resulting in the largest monthly dump in its history. By June 20, Ripple had sold the entire 400 million XRP reserved for that month.
XRP Price Impact
Ripple's sales have historically impacted XRP's price due to the supply pressure on the market. In 2024, only five out of 14 sell-off days saw positive price action. Most of the time, XRP experienced local crashes following Ripple's token sales. Additionally, XRP had a negative monthly performance in four of the first six months of 2024. The price action has been notably negative since the June 1 unlock.

Conclusion
The upcoming 1 billion XRP unlock on July 1 could continue this trend of price pressure on XRP. Investors should monitor Ripple's activities closely as these sell-offs typically lead to significant market impacts.
$XRP

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Late Tuesday, the Cardano network faced a distributed denial of service (DDoS) attack aimed at disrupting its operations through a surge in malicious activities. The blockchain’s robust mechanisms successfully mitigated the attack, ensuring continued stability and operation.
Details of the Attack
The attack began on block 10,487,530, with each transaction executing 194 smart contracts of the REWARD type, spending 0.9 ADA per transaction. The strategy aimed to overload the network by filling each block with complex transactions, creating a backlog and degrading performance.
Response and Neutralization
Philip Disarro, founder of Cardano development firm Anastasia, played a key role in neutralizing the threat. His prompt public response on X influenced the attacker to cease their activities. Disarro noted that the attacker’s funds were already being pillaged, ironically ending up funding the open-source smart contract development work at Anastasia Labs and Midgard.
Community Reaction
The Cardano community closely monitored the situation. Prominent content creator Big Pey reassured the community via X, emphasizing that the network remained resilient and did not crash. This sentiment was widely echoed, highlighting confidence in the network’s stability and security measures.
Technical Insight
Jason Matias, founder of The Art of Selling Art, visually described the impact of the DDoS attack. He explained how spam transactions created larger, more difficult-to-process blocks. Cardano’s use of the extended Unspent Transaction Output (eUTxO) model was crucial in mitigating the attack's impact. This model allows for independent processing of each transaction, preventing malicious activity from compromising the network's integrity.
The architectural choice of the eUTxO model ensures better scalability and security, allowing the Cardano network to maintain high throughput and reliability even under duress.$ADA

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Current Market Overview:
Current Sentiment: BearishFear & Greed Index: 40 (Fear)Current RSI: 30.73 (Neutral)Price Volatility (30 days): 20.13%Recent Performance: 30% green days out of the last 30 daysShort-Term Predictions:
Next 7 Days:
Price Range: $0.212248 - $0.256575Potential Increase: Up to 20.88%, reaching $0.256575 by July 1, 2024
Next 14 Days:
Price Range: $0.256575 - $0.31145Potential Increase: Up to 21.39%, reaching $0.31145 by July 8, 2024
30-Day Prediction:
Expected Price: $0.315876 by July 4, 2024Potential Increase: 48.82%
2024 Predictions:
July 27, 2024: Blur predicted to rise by 229.33% to $0.00 (Note: This may be a typographical error; further clarification needed)Year-End Price Range: $0.212248 - $1.007378Maximum Potential Increase: 370.36% to reach $1.007378
Technical Indicators:
200-Day SMA: Expected to drop to $0.00 by July 27, 202450-Day SMA: Expected to hit $0.00 by July 27, 2024RSI: Currently at 30.73, indicating a neutral market position
Popular Moving Averages (as of June 27, 2024):
Simple Moving Average (SMA)Exponential Moving Average (EMA)
Analysis and Summary:
Currently, the sentiment for Blur (BLUR) is bearish, with most technical indicators signaling bearish trends. Despite recent price increases, the overall market sentiment and technical indicators suggest it is not an optimal time to buy Blur. The short-term price predictions show potential increases, but the long-term predictions indicate a highly volatile market with significant potential gains if the upper targets are reached.
Note: These predictions are for informational purposes only and are not investment advice. Conduct thorough research before making any investment decisions
$BLUR

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Current and Recent Performance:Current Price: $1.57Price Last Week: $2.13 (+33.02% in the past week)24-Hour Change: +35.57%Market Cap: $79.21MCirculating Supply: 100.00M RADTrading Volume (24h): $97.16M2023 Performance:
Radicle has experienced significant price movements in 2023. Despite recent volatility, long-term sentiment remains bullish with RAD expected to hit $3.63 by 2025. However, the trading volume has decreased by -7.89% over the past 30 days.
Historical Context:
All-Time High (ATH): $157.06Change From ATH: -98.99%Change Over 6 Months: -16.20%
Short-term Price Prediction:
Using AI technology, the short-term price prediction for Radicle considers past hourly prices and current market trends. The exact future price may vary.
Long-term Price Prediction:
Here’s an overview of Radicle’s long-term price predictions from 2024 to 2050, based on past price behavior, current events, and public opinion.
2024 Price Prediction:
Trading Range: $0.08931 to $145.13Expected Year-End Price: $0.009089The outlook for 2024 is positive, maintaining a bullish sentiment.
Detailed Monthly Predictions for 2024:
January: $0.08931 - $145.13February: $0.08931 - $145.13March: $0.08931 - $145.13April: $0.08931 - $145.13May: $0.08931 - $145.13June: $0.08931 - $145.13July: $0.08931 - $145.13August: $0.08931 - $145.13September: $0.08931 - $145.13October: $0.08931 - $145.13November: $0.08931 - $145.13December: $0.08931 - $145.13
Note: These predictions are for informational purposes only and should not be taken as investment advice. It’s essential to conduct your own research before making any investment decisions.
$RAD

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Key Takeaways:
2024 Prediction: Pendle is expected to reach a minimum level of $8.14.2027 Prediction: The price is forecasted to reach a maximum level of $29.32.2030 Prediction: PENDLE could reach a maximum level of $88.70, with an average price of $73.69.
Pendle’s Innovative Approach
Pendle (PENDLE) is revolutionizing the DeFi space by enabling the trading of future yields, maximizing returns through advanced smart contracts and seamless integration with other DeFi platforms. Recent progress, including smart contract updates and strategic partnerships, marks its growth and commitment to innovation.
Current Market Analysis
Pendle is experiencing a bearish market, with its price declining to $5.52. Resistance is currently at $5.89, while support is at $5.51. The overall trend is downward, indicating higher selling pressure than buying interest.
1-Day Analysis: Selling pressure around the $5.52 level suggests continued bearish sentiment. The MACD shows a slight positive divergence, indicating potential bullish momentum, while the RSI at 48.47 indicates a neutral zone.4-Hour Analysis: Pendle faces bearish sentiment within the $5.50 to $5.65 range. The MACD indicator shows a bearish crossover, and the RSI at 42.35 suggests the market is neither oversold nor overbought.
Pendle Price Predictions:
2025: Minimum price of $11.84, maximum of $14.22, and average of $12.18.2026: Minimum price of $16.87, maximum of $20.43, and average of $17.36.2027: Minimum price of $24.35, maximum of $29.31, and average of $25.22.2028: Minimum price of $33.98, maximum of $42.04, and average of $35.24.2029: Minimum price of $50.96, maximum of $58.43, and average of $52.72.2030: Minimum price of $71.58, maximum of $88.70, and average of $73.69.
Conclusion
Pendle’s unique approach to tokenizing and trading future yields makes it a compelling investment in the DeFi sector. The ecosystem shows strong community trust, with significant TVL, market cap growth, and endorsements from industry veterans. While the current market sentiment is bearish, the long-term predictions indicate substantial growth potential, making Pendle a promising investment opportunity.
Recent News: Arthur Hayes purchased 92,339.6 $PENDLE through Wintermute’s algorithm trading platform, highlighting confidence in the token’s potential.$PENDLE

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Key Takeaways:
Bullish Patterns Indicate Breakout Potential: Bitcoin shows signs of a breakout with bullish RSI patterns and tightening Bollinger Bands, suggesting increased volatility and potential for significant price movements.Strategic Trading Opportunities: Look for a breakout above the upper Bollinger Band with increased volume for confirmation of trend strength, and set stop-loss orders just below recent lows.Support and Resistance Levels: Short-term support around $63,900 and resistance near $64,000 are crucial for traders to monitor.Double-Bottom Formation Signals Bullish Reversal: Multiple double-bottom formations suggest that selling pressure may be exhausting, pointing to a potential bullish reversal.Volatility Preparedness: Traders should use tight stop losses and clear profit targets to manage expected spikes in volatility effectively.
Bitcoin is showing strong signs of a potential breakout, suggesting that new all-time highs might be on the horizon. Recent market movements and key technical indicators point to a significant surge in Bitcoin price, making it a crucial time for traders and investors to pay attention.
Bullish Indicators in Play for Bitcoin Price
Bitcoin's price movements have been closely watched by traders and analysts. The recent bullish patterns observed in the RSI are particularly noteworthy. The RSI shows bullish divergence, which occurs when the RSI fails to reach new lows while the price tests lower levels, indicating potential accumulation of bullish momentum.
Additionally, the tightening of Bollinger Bands suggests an impending spike in volatility. Historically, such tightening precedes major price shifts.
Key Support and Resistance Levels
Recent Bitcoin price action highlights short-term support around $62,000 and resistance near $64,000. These levels are critical as benchmarks for potential breakouts or breakdowns.
The chart identifies multiple double-bottom formations, a classic bullish reversal pattern, suggesting that selling pressure is exhausting and an upward move is likely.
Trading Strategies for Different Scenarios
Given the presence of both bullish and bearish patterns, traders might consider strategies that accommodate rapid price shifts.
For Bullish Traders: Monitor for a stable breakout above the recent double-top formation. Look for increased volume, a bullish MACD crossover, or a high RSI reading for confirmation.For Bearish Traders: Look for rejections at key resistance levels and confirmations of double top patterns. Set stop-loss orders above recent highs to mitigate risks associated with sudden price spikes.
The tightening Bollinger Bands highlight anticipated volatility, emphasizing the need for tight stop-loss orders and clear profit targets.

Conclusion
Bitcoin's recent market activity, coupled with key technical indicators, suggests a substantial surge could be imminent. The bullish patterns in the RSI and tightening Bollinger Bands indicate a potential breakout. Traders should remain vigilant, watching for a breakout above the upper Bollinger Band with increased volume. Setting stop-loss orders just below recent lows can provide protection against downturns.
As Bitcoin’s weekly close approaches, the potential for new all-time highs becomes increasingly plausible. Understanding and leveraging these technical indicators can significantly enhance trading strategies and help navigate the volatile world of crypto trading.$BTC

Introduction
Seasoned traders often use the Relative Strength Index (RSI) to identify ideal entry and exit points in crypto trading. This guide explores how RSI can enhance trading strategies and maximize profits by providing insights into market momentum and potential reversals.
What is the Relative Strength Index (RSI) Indicator?
Developed by J. Welles Wilder Jr., the RSI is a momentum oscillator that measures the speed and change of price movements. It helps identify overbought (above 70) and oversold (below 30) conditions in the market.
Key Points of the RSI Indicator for Crypto Trading
Overbought and Oversold Conditions: RSI pinpoints overbought and oversold levels, indicating potential market reversals.Divergence Analysis: RSI divergence occurs when price moves opposite to RSI, signaling possible trend reversals.Support and Resistance Levels: RSI helps identify these levels, aiding in strategic entry and exit planning.Enhanced Trade Decisions: Combining RSI with other tools like moving averages or MACD improves trading decisions.
Benefits of Using RSI for Crypto Trading
Timely Market Insights: Provides prompt market condition insights.Versatility: Applicable across various time frames for short-term and long-term strategies.Risk Management: Identifies overbought and oversold conditions, aiding in risk management.
How to Use Relative Strength Index to Trade?
Using RSI in crypto trading offers valuable insights for making informed decisions:
Identifying Overbought and Oversold Conditions: When RSI rises above 70, it indicates overbought conditions, and when it falls below 30, it indicates oversold conditions.Spotting Divergence: Divergence between RSI and price action can signal trend reversals.Utilizing RSI Levels for Support and Resistance: RSI levels can act as support and resistance zones.Combining RSI with Other Indicators: Use RSI alongside other tools like moving averages or MACD to confirm signals and reduce false positives.

Conclusion
The RSI is an essential tool in crypto trading, providing insights into market momentum and potential price movements. By understanding and utilizing RSI, traders can enhance their strategies, manage risks better, and achieve more precise entry and exit points, leading to improved trading outcomes.
#CryptoTradingGuide

Current Prediction
According to our current price prediction for Lista DAO, the price is expected to rise by 230.68% and reach $0.00 by July 25, 2024. Based on technical indicators, the current sentiment is bullish, and the Fear & Greed Index is at 30 (Fear). Over the last 30 days, Lista DAO has recorded 1 out of 5 green days, indicating some volatility.
Short-Term Predictions
Tomorrow
Prediction: Lista DAO is predicted to gain 0.00% and reach $0.745628.
This Week
Price Range: $0.745628 to $0.973374.Potential Increase: 30.54% if the price reaches $0.973374 by June 30, 2024.
Next Week
Price Range: $0.973374 to $1.150759.Potential Increase: 18.22% if the price reaches $1.150759 by July 7, 2024.
2024 Prediction
Lista DAO is forecasted to trade within a range of $0.745628 and $3.56. If the upper price target is reached, LISTA could increase by 420.25% and reach $3.56.
Technical Analysis
The sentiment is bullish with 4 technical indicators signaling bullish signals and none signaling bearish signals. Moving averages (both simple and exponential) are often used to gauge price trends over time, though they lag behind current price action.
Conclusion
Based on the current data and predictions, Lista DAO shows a bullish outlook, making it a potentially good time to buy. However, as with all investments, it's important to consider both the technical indicators and market conditions before making a decision.$LISTA

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Story Highlights
Ethereum’s Stability vs. Bitcoin’s Decline: Ethereum’s price has remained relatively steady, while Bitcoin has experienced a drop.Skeptical Analysts: Some analysts are cautious about Ethereum’s rise due to the performance of past ETFs and potential stock market corrections.Positive Short-term Outlook: While it’s too early to declare Ethereum as the new crypto king, its short-term prospects appear favorable.
The Rise of Ethereum
Historically, Ethereum (ETH) has been seen as a secondary player to Bitcoin (BTC). However, recent trends suggest a shift in market sentiment favoring Ethereum. Here's why this change might be coming:
Why is Ethereum Shining?
In the current volatile market, Ethereum has shown impressive stability. Following the approval of the long-awaited Ethereum ETF, its price has only dipped by 8% to $3,367, compared to Bitcoin's nearly 12% drop to $60,950 during the same period.
Technical Analysis
ETH/BTC Pair
According to crypto analyst Flow, Ethereum has rebounded strongly against Bitcoin from multi-year lows. If ETH maintains this upward momentum and breaks out of its historical downtrend against BTC, it could attract significant interest from large investors, potentially leading to further price increases.
SOL/ETH Pair
The SOL/ETH trading pair has reached a critical point. Solana (SOL) has repeatedly tested its all-time high against ETH, but recent price action suggests that SOL/ETH may be facing resistance. This indicates a potential shift in bullish momentum towards other assets.
Impact of the Ethereum ETF
The imminent launch of ETH ETFs, expected in July or August, has reinforced Ethereum’s upward momentum. This development promises to enhance Ethereum’s appeal among institutional investors, potentially attracting substantial capital. Notably, German investors are showing more confidence in Ethereum compared to Bitcoin.
The Flip Side
Despite the positive outlook, analysts remain cautious. There is skepticism surrounding ETH ETFs, particularly due to their underperformance in Hong Kong compared to spot Bitcoin ETFs. Additionally, potential corrections in major indices like Nasdaq, where stocks such as NVIDIA are influential, could impact the broader market and Ethereum’s price.
Conclusion
While it’s too early to declare Ethereum as the new crypto king, its recent price movements and the anticipated launch of ETH ETFs offer promising opportunities for investors. With catalysts on the horizon and a generally positive market environment, Ethereum appears poised for growth. Investors are adopting strategies that reflect cautious optimism, ready to adjust as market conditions evolve.
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Key Takeaways
Bitcoin Dominance Decline: Bitcoin's market dominance is falling, potentially signaling a rise for altcoins.Emerging Altcoin Season: Crypto experts suggest the possibility of an upcoming altcoin season, with buying signals emerging.
Current Market Dynamics
Bitcoin's price is declining, and its dominance has dropped by 2%, indicating a positive outlook for altcoins. According to crypto expert Dami-Defi and data analysis platform Dune, this trend might signal the start of an altcoin season. Historically, when Bitcoin's dominance decreases, liquidity often shifts to altcoins, which can lead to their price increases.
Expert Insights
Dami-Defi: Observed a decline in Bitcoin (BTC) and a rise in altcoins. BTC dominance has dropped by 2% over the past 24 hours. Total 3, representing the total market cap of all cryptocurrencies excluding Bitcoin and Ethereum, is maintaining local support and showing potential for a reversal.Community Opinions: While some see this as an early sign of altcoin season, others, like user favoriteluckybanjo, suggest caution, noting that significant advancements in projects like $avax and $link could indicate future potential. Another user speculates that the altcoin season might start in October.
Altcoin Buying Signal
Dune's altcoin dashboard suggests a buying signal for altcoins. This system, similar to an RSI oscillator, considers various market metrics to provide a market overview. TOTAL3 (the total market cap excluding BTC and ETH) showing support hints at a possible shift in investor interest towards altcoins.
Bitcoin's Technical Performance
Daily Technical Chart: Bitcoin's price is showing weakness, breaking below the 50 EMA level. At the time of analysis, BTC was supported at the 200 EMA level around $61,644, indicating buyer presence at lower levels.Weekly Performance: Bitcoin's price dropped by 8.22%, showcasing bearish trends on the daily technical chart.Technical Indicators: Both EMA and RSI are in the bearish zone, indicating negative signals.
Conclusion
The current market trends suggest a crucial moment for investors. With Bitcoin's dominance decreasing and altcoins gaining traction, there might be an opportunity for a potential altcoin season. The 2% drop in BTC dominance and steady support for Total 3 indicate a shift in investor interest towards altcoins.
While some analysts, like Dami-Defi, see this as a buying opportunity, others urge caution, noting that it might be premature to declare the start of an altcoin season. Ultimately, whether this is the right time to buy altcoins depends on individual risk appetites and thorough analysis of market conditions.$ETH

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Overview
As of June 25, 2024, the current sentiment for Fetch.ai (FET) is bearish. The Fear & Greed Index is showing 30, indicating fear in the market. Fetch.ai recorded 8 green days out of the last 30, with a price volatility of 18.56%.
Short-Term Predictions
Tomorrow: Fetch.ai is predicted to lose 0.00% and reach a price of $1.660603.This Week: The price of Fetch.ai is forecasted to trade within a range of $1.660603 to $1.714129, with an expected increase of 3.22% to $1.714129 by July 1, 2024.Next Week: The price range prediction for Fetch.ai is between $1.714129 and $1.825672. If it reaches the upper price target, Fetch.ai could increase by 6.51% to $1.825672 by July 8, 2024.
30-Day Projection
By July 2, 2024: Fetch.ai is projected to be trading at $1.712461, representing a gain of 3.12% over the current price.
Technical Indicators
Relative Strength Index (RSI): Currently at 47.40, indicating a neutral market position.
Moving Averages and Oscillators
Simple Moving Averages (SMA) and Exponential Moving Averages (EMA): These are used to smooth price action over a specific period and are lagging indicators, meaning they are influenced by historical price activity.
Conclusion
Based on the data:
The short-term sentiment for Fetch.ai is bearish, making it currently a bad time to buy according to the technical indicators.There is a projected slight increase in the price over the next week and month.The overall market sentiment for Fetch.ai remains cautious with a neutral RSI and a fear indicator in the broader market.
Investors should consider both technical and fundamental factors before making any decisions.$FET

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Shiba Inu (SHIB) recently experienced a remarkable 2,682% increase in its daily burn rate. Despite this significant rise, SHIB's price has only seen a modest increase, currently hovering around $0.000018.
Key Points
Burn Rate Surge:Shibburn Data: According to hourly updates from the Shibburn X account, 18,617,208 SHIB were burned in the last 24 hours, marking a 2,682.44% increase in the daily burn rate.Price Movement:Current Price: SHIB's price has increased by only 0.49% in the last 24 hours to $0.00001813.Weekly Performance: The price remains down 12% over the past week.Market Sentiment:Cryptocurrency Market: The overall sentiment in the cryptocurrency market has been lackluster, with Bitcoin dropping to its lowest point in over a month.Influence of Major Cryptos: The performance of major cryptocurrencies like Bitcoin and Ethereum often influences the broader market. Their current volatility and downward trends make it challenging for altcoins like SHIB to gain traction.
Market Analysis
Current Trading Range: Shiba Inu fell to lows of $0.00001696 on June 18 and has since traded in a tight range between $0.0000173 and $0.0000188.On-Chain Data: According to IntoTheBlock, 417.19 trillion SHIB are held by 25,310 addresses at an average price of $0.000018, highlighting the significance of the $0.000018 level where SHIB currently trades.
Outlook
Potential for Breakout: Market speculators are closely monitoring SHIB's price for signs of a potential breakout or further consolidation.Bullish Indicators: A decisive break above the daily moving averages could suggest a bullish comeback for SHIB.
Conclusion
While the significant increase in SHIB's burn rate is notable, the price has not responded with a similarly substantial increase. The overall lackluster sentiment in the cryptocurrency market, driven by the performance of major assets like Bitcoin and Ethereum, continues to impact SHIB's price momentum. However, with a keen eye on market trends and potential bullish signals, investors and speculators remain watchful for any significant movements.
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A crypto user recently lost over $11 million worth of aEthMKR and Pendle USDe tokens due to a phishing scam, as reported by Scam Sniffer. The victim, who is a MakerDAO governance delegate according to Arkham Intelligence, fell prey to a series of fraudulent Permit signatures. This incident highlights the significant risks associated with EIP-2612, a protocol that allows for permit signatures to authorize transactions without on-chain verification.
How the Scam Worked
Permit Signatures:EIP-2612: This Ethereum Improvement Proposal allows users to generate authorization signatures without needing prior on-chain approval. While this can streamline transactions, it also introduces vulnerabilities.Off-Chain Authorization: These signatures can be created and used without being broadcasted to the blockchain, making it challenging to detect fraudulent activities.Phishing Attack:Fake Websites: Scammers create websites that appear legitimate to trick victims into signing permits.Deceptive Authorization: Once a victim signs a permit on these fake sites, scammers gain control over their assets without needing further on-chain interaction.
Risks and Vulnerabilities
Signature Risks: As highlighted by blockchain security firm SlowMist, the primary risk with permits lies in the ease with which bad actors can exploit signature authorizations. Since the transactions occur off-chain, detecting compromised signatures becomes challenging.Lack of Warnings: Some wallets do decode and display signature information, but the warnings regarding permit signature phishing are often insufficient. This gap in user protection increases the likelihood of successful phishing attempts.
Recommendations
To mitigate such risks, users are advised to:
Verify Websites: Always ensure the legitimacy of websites before signing any permits.Understand Permissions: Carefully read and understand the permissions being granted with each signature.Use Reputable Wallets: Opt for wallets that provide detailed information and warnings about permit signatures.Stay Informed: Keep up-to-date with the latest security practices and potential vulnerabilities within the crypto space.
This unfortunate event underscores the need for heightened awareness and stronger security measures to protect against sophisticated phishing scams in the cryptocurrency world.#CryptoTradingGuide