XRP Targets $10! 🚀 XRP is gaining bullish momentum, aiming | Mushtaque Brohi on Binance Square

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XRP Targets $10! 🚀XRP is gaining bullish momentum, aiming for a $10 milestone. Meanwhile, SHIB and YETIO, two coins under $1, are drawing investor attention for their potential gains. Watch these assets closely as market excitement builds! 🌟

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

XRP

2.2702

+2.84%

SHIB

0.00002174

+0.97%

835

0

Replies 0

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🌟 Toncoin (TON) Price Analysis - December 20, 2024 🌟 --- 📉 Current Market Performance Toncoin (TON) slipped below the 50-day SMA ($5.80) on December 18, reaching the critical $4.72 - $4.44 support zone on December 20. --- 🔍 Key Technical Signals The 20-day EMA ($5.99) has turned downward, and the RSI is in the negative zone, signaling bearish momentum. A breakdown below the $4.44 support level could trigger a bearish Head & Shoulders (H&S) pattern, potentially driving prices down to $3.50. --- 📊 Recovery Prospects Buyers are expected to strongly defend the $4.44 support level to avoid a bearish breakout. Any recovery could face resistance near the 20-day EMA ($5.99). A break and close above the 20-day EMA would signal waning bearish pressure, potentially driving the pair toward $7. --- 🧐 What to Watch For 1️⃣ Support Test: Watch for how TON performs at the $4.44 level—a break could intensify selling pressure. 2️⃣ EMA Breakout: A move above $5.99 could mark the start of a bullish recovery. ⚡ Trading remains risky, and vigilance is advised as volatility looms in the current market climate!

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🌨️ Avalanche (AVAX) Price Analysis - December 20, 2024 🌨️ 📉 Recent Price Movement: Avalanche (AVAX) saw accelerated selling after breaking below the 20-day EMA ($45.64) on December 18. The AVAX/USDT pair has now dropped below the 50-day SMA ($39.94), signaling potential bearish dominance. 🔍 Key Insights: The drop below the 50-day SMA indicates that the breakout above $51 may have been a bull trap. If the price sustains below the 50-day SMA, AVAX could fall further to the next support level at $30.50. 📊 Technical Outlook: Buyers might attempt a recovery but will face resistance near the 20-day EMA ($45.64). A break and close above the 20-day EMA would suggest easing selling pressure and could hint at a potential reversal. 🧐 What to Watch For: 1️⃣ Sustained trading below $39.94 may signal further declines toward $30.50. 2️⃣ A strong breakout above $45.64 could reignite bullish momentum. ⚡ Market sentiment remains cautious, so traders should be prepared for increased volatility!

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🐾 Dogecoin (DOGE) Price Analysis - December 20, 2024 🐾 --- 📉 Recent Price Action: DOGE plunged below the critical 50-day SMA ($0.35) on December 19, signaling a bearish comeback. The DOGE/USDT pair now hovers around the 61.8% Fibonacci retracement level at $0.27, as bulls attempt to slow the decline. 🔍 Key Observations: The Dec. 20 candlestick's long tail reflects active buying pressure near $0.27. Recovery is expected to encounter strong selling at moving averages, indicating resistance above. 📊 Technical Outlook: If the price drops from overhead resistance, DOGE could fall further to the breakout level at $0.23. A break and close above the 20-day EMA ($0.38) would signal aggressive buying, possibly reversing the bearish trend. 🧐 What’s Next? Watch for: 1️⃣ A rebound above $0.38 for a bullish comeback. 2️⃣ A dip below $0.27 for continued bearish pressure. 🚀 Stay vigilant, traders! The market's next move could set the tone for DOGE's trajectory.

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