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Despite the ongoing price consolidation, XRP, the native token of Ripple Labs gaining massive attention from experts as well as whales/institutions. Today, December 8, 2024, a crypto expert made a post on X (previously Twitter) and made a bold prediction that has captured widespread attention from crypto enthusiasts. In a post on X, followed by a chart, the expert noted, that for others, XRP looks overbought, but for me, it appears undervalued after breaking out of the multi-year symmetrical triangle price action pattern. Additionally, he predicted that XRP’s conservative target is $8.40, while its optimistic target is $48.12. This $XRP prediction has captured the attention of over 150,000 crypto users on X. However, the expert has not specified when XRP might reach these levels in the coming days. Source: CoinPedia
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$PEPE has reached the overhead resistance of $0.000027, where the bulls and the bears are likely to battle it out for supremacy. The 20-day EMA ($0.000021) is sloping up, and the RSI is in the overbought zone, indicating advantage to buyers. If the bulls maintain the price above $0.000027, the PEPE/USDT pair could surge to $0.000035 and then to $0.000044. Contrary to this assumption, if the price turns down from $0.000027, it will signal that the bears are fiercely defending the level. The pair may then drop to the 20-day EMA. Sellers will have to sink the price below the 20-day EMA to gain the upper hand. The bears pulled the price below $0.000024, but the bulls purchased the dip to the 20-EMA. The bulls are again trying to push the price above $0.000027. If they can pull it off, the pair could soar to $0.000035. Time is running out for the bears. If they want to make a comeback, they will have to swiftly pull the price below the moving averages. The pair could then slide to the strong support near $0.000017.
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Dogecoin price analysis $DOGE has been rising inside an ascending channel pattern, indicating buyers have the upper hand. The bulls tried to push the price above the overhead resistance at $0.48, but the bears held their ground. If the price turns up from the current level or the 20-day EMA ($0.41), the bulls will again try to propel the DOGE/USDT pair to the channel’s resistance line. The bears are expected to defend the resistance line with all their might because a break above it could catapult the pair to $0.60. If bears want to prevent the upside, they will have to tug the price below the channel’s support line. The pair may then tumble to the 50-day SMA ($0.30). The pair is finding support at the 20-EMA, indicating a positive sentiment. The bulls will again try to clear the overhead hurdle at $0.48. If they succeed, the pair may rise to the channel’s resistance line. If the price turns down sharply from the resistance line and breaks below the 20-EMA, it will signal that the pair may remain inside the channel for some more time. Conversely, a break and close above the resistance line will signal the start of the next leg of the up move toward $0.60. Source: CoinTelegraph
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It is time to claim your tokens if you participated in this Airdrop when we shared it a few weeks ago 🚀 Attention DePIN Alliance Members! 🌟 It's time to check your allocation and claim your Airdrop! We are excited to announce that U2U airdrop is now live. Make sure to check your allocation and claim your rewards! 👉 What if you could connect one wallet to multiple accounts? This season, you can do that and we’ll combine all rewards from these accounts into your wallet. However, this option won’t be available in Season 2! 🔗 Official Claim Website: airdrop.u2u.xyz Follow for more updates
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𝐖𝐡𝐚𝐭 𝐃𝐨𝐞𝐬 𝟏𝟎𝟎𝐱 𝐨𝐫 𝟏𝟎𝟎𝟎𝐱 𝐌𝐞𝐚𝐧? In crypto, 100x means your initial investment grows 100 times, while 1000x means it grows 1,000 times. These returns reflect how much your money would increase if the price of the asset you invested in skyrockets. Example: Buying Bitcoin at $10 Imagine you bought Bitcoin when it was priced at $10 per coin, and you invested $100. That means you purchased: $100 ÷ $10 = 10 $BTC Now, let’s calculate what happens to your investment if Bitcoin’s price multiplies by 100x or 1000x. 🎖️ Step 1: Calculating a 100x Gain If Bitcoin achieves a 100x gain, its price increases 100 times its initial value. Here’s the math: $10 × 100 = $1,000 per BTC Your 10 BTC would now be worth: 10 BTC × $1,000 = $10,000 So, your $100 investment would turn into $10,000. That’s a 100x return! Step 2: Calculating a 1000x Gain If Bitcoin goes even further and reaches a 1000x gain, the price per Bitcoin would be: $10 × 1000 = $10,000 per $BTC Your 10 BTC would now be worth: 10 BTC × $10,000 = $100,000 Your initial $100 would balloon into a staggering $100,000—a 1000x return! We noticed a lot of people don’t understand this, so we had to bring it to you, just Incase you are confused, you can bookmark this post and check it regularly until you understand it completely
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