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Raffaele B
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Will Bitcoin Smash $90K and Hit $100K Before Christmas?
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#Dogecoin Downward Pressure Amid Declining Volumes 📉 $DOGE is displaying a series of lower highs on the 1-hour chart, signaling a weakening bullish momentum in the short term. The 9-period and 26-period moving averages have formed a bearish crossover, further indicating potential downward pressure. In addition, trading volumes are steadily declining, suggesting reduced market participation in the current phase. A possible retest of the trendline support is anticipated, which could act as a key level for buyers to regain control. Traders should monitor volume dynamics and price action around the trendline for confirmation of a reversal or continuation of the bearish trend.
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🚀$XRP keeps climbing, breaking through the continuation flag and surging into a parabolic rise! $XRP on a Mission 📊 Momentum is the name of the game, and #Ripple isn’t slowing down. With a clean breakout from its continuation flag, it’s accelerating into a parabolic trend.
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❎ Cardano's 6-Month Downtrend Ends with Golden Cross Signal! #Cardano $ADA has broken a prolonged 6-month downtrend with the appearance of a golden cross, where the 50-day moving average crosses above the 200-day moving average, often a bullish sign. This crossover suggests potential upward momentum, but ADA still faces resistance at $0.61, with further targets at $0.72 and $0.81 if it breaks higher. Support levels stand at $0.40 and $0.42, critical zones in case of renewed selling pressure.
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📣Trump Nominates Bitcoin Advocate Matt Gaetz as US Attorney General! In a surprising development, former President #DonaldTrump has nominated pro-Bitcoin lawmaker #MattGaetz for the role of US Attorney General. Known for his vocal support of #Bitcoin and #blockchain technology, Gaetz’s nomination is stirring up excitement in the crypto community. If confirmed, Gaetz could play a pivotal role in shaping the future of digital asset regulations in the United States.
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📣Bhutan Amasses $1 Billion in Bitcoin Holdings! In a stunning revelation, Bhutan—a small, enchanting nation nestled in the heart of Asia—has officially reached an astounding $1 billion in #Bitcoin reserves! Leveraging its abundant hydroelectric power, #Bhutan has steadily mined its way to this massive fortune, benefiting from the recent surge in Bitcoin's price. This remarkable achievement places the tiny kingdom in the global spotlight, showcasing how even a small nation can make a substantial impact in the world of #cryptocurrency.
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