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Why is Dogecoin price up today? DOGE price is up today, fueled by increased interest among future traders and a shift in market sentiment toward memecoins. The bullish sentiment was not only exclusive to Dogecoin as crypto prices also rallied across the broader memecoin sector, buoyed by Bitcoinโs recovery above $95,000. #AltcoinMomentum
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Ethereum $ETH USD broke above $3,600 per coin on Wednesday, pumping as much as 10% on the day. The powerful upside swing kicked Ether out of a weekly loss, leaving its big bro Bitcoin languishing in the red paint for the week. Bitcoin is down about 3% since Monday, while Ether is higher by 7% and on track to log its second straight week of gains. Still, both coins boast hefty gains this month.
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BNB is the native token of the Binance ecosystem, and it has maintained its top position as one of the biggest coins by market capitalization. But, unlike most top coins, BNB didnโt experience a meteoric price rise after Donald Trumpโs election victory. Although BNB stayed above $600, it struggled to retest $700 or near its all-time high. In fact, BNB has barely made a significant upward surge for most part of the year, trading between a $450 to $600 band. Naturally, this stagnation has left many BNB holders disappointed, but what do crypto analystsโ BNB price predictions say? The general concession is that BNB is experiencing low volatility and falling interest, so should buying pressure increase, BNB might shoot up. But based on its recent history, BNB is more likely to drop. $BNB
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BTC drops below $93,000 due to leverage overheating and profit-taking๐จ Bitcoin (BTC) continues to trade in the red, dropping below $93,000 on Tuesday after declining almost 5% the previous day. Crypto data shows that the recent price pullback is due to leverage overheating conditions and holdersโ booking profits in BTC, resulting in $150 million in Bitcoin liquidations in the last 24 hours and $435 million in spot BTC Exchange Traded Funds (ETF) outflows on Monday. #MarketBuyOrHold?
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ZRO analysis: ๐จ๐ Support Area: $3.60-$3.75 Resistance Area: $4.70-$4.85 The price currently trades in a symmetric triangle pattern, adhering to its support and resistance lines. It has not been able to break through the triangle's resistance line. We may see a test of the support area soon, presenting a potential opportunity for new entries. $ZRO
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