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What do you think about the $ARB future? #ARBITRUM #ARB #Arbitrum
What do you think about the $ARB future?
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What Will Happen in the Crypto Market This Week? 🔎 📊 We came to the last day of the week and had quite busy days. The altcoin king on Monday rose 20 percent as the SEC made a 180-degree return on the spot ETH ETF. BTC exceeded $71,000 and we saw upward movements across altcoins. In the coming days, there will be many important events that concern cryptocurrency investors. Personal Consumption Expenses data will be the most important agenda topic of this week. On the other hand, since GDP figures triggered serious volatility last month, the data may offset the concerns in the economy within the expectation of the future here. If GDP comes normal, while the economy is shrinking, the story of the Fed's anti-inflation field is getting stuck ends, which will have a positive result for crypto. Featured Events and Talks On Monday, May 27: US Markets Holiday 20:45 Fed/Williams Will Speak FLOKI Announcement Solana V1.18 YGG Lock Opening ($8.2 Million) Tuesday, May 28: 07:55 Fed/Mester and Bowman 16:55 Fed/Kashkari 20:05 Fed/Cook UK BTC and ETH ETP Listings On the other hand, the statements and key openings of the Fed members throughout the week may also have an impact on prices. #altcoins #Market_Update #Analysis $ETH $BTC
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How Many Dollars Is Avalanche (AVAX) Now Targeting? 🤔 🎯 While Bitcoin (BTC) finds buyers at $68,200, altcoins generally linger at yesterday's levels. AVAX, on the other hand, was at $37.7 and the recent BTC drop resulted in a loss of the $40 level. Avalanche's rise from $37 gave investors hope for a comeback. However, the price of Bitcoin going down again after yesterday's US data confused things. Altcoins lost 1-2% and BTC lost $70,000. AVAX price, which fell below the $39 resistance, marks the continuation of the consolidation process. In addition to the decline in the price of BTC, as we have seen from the MACD data, the investor interest is also weak. While Hussen double-digit annual inflation makes the purchase at lower levels for AVAX attractive, interest is weakening in price zones on the eve of this breakout. The $37-41 region is a key level in terms of investor cost area. There is an investor accumulation of 11.9 million AVAX, roughly 409 million dollars here. Since the size of these investors is large, the number of people who want to cash out small earnings is challenging for bulls. If the key area can be overcome, we will see investors cut the sale for higher heights and wait profitably. If the expected scenario does not occur, the AVAX price is likely to retract to the support at $31.5. The $39-31 range is the region where the popular altcoin has been stuck for 1 month and this situation seems to continue. In summary, we are not talking about a very bright look for AVAX. The annoying consolidation process continues and interest is weak. On the other hand, constantly increasing circulation supply and double-digit inflation are also an important problem. While the frequent circulation of hundreds of millions of dollars of dollars in supply during the year requires more buyers to come here, this is not at the desired level. After $42 and $45 in the possible rise, the $48-50 breakout area will be targeted. #AVAX #AvalancheAVAX #ANALYSIS $AVAX
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🚨Next Station For Bitcoin in 3 Months??? #BTC #pizzaday #pool $BTC
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Are Investors Planning to Sell ETH? 🤔 📊 Recently, Ethereum (ETH) investors have started to quickly move their assets to cryptocurrency exchanges due to the increase in expectation of a spot Ethereum exchange-traded fund (ETF) approval in the U.S. and the effect of the latest rally. This is notable as one of the fastest movements in four months and shows the sales intention of investors. According to data provided by Nansen Intelligence, net inflows to cryptocurrency exchanges reached 81,840 ETH on May 21. This constitutes a value that exceeds about $300 million in current prices. This figure, recorded as the highest daily entry into exchanges since Jan. 23, marks a third-day increase in a row after recent declined ETH balances. The rise of ETH from about $3 thousand to over $3,800 in a single day has caused many investors to achieve a rapid price rise of 30 percent. David Shuttleworth, a research partner at Anagram, said investors were most likely benefiting from this rapid rise. This increase came in line with the increased likelihood of regulators' spot Ethereum ETF approval. Keep a close eye on spot Ethereum ETF approval news. Position your assets according to quick price changes. Watch the entry-output trends on cryptocurrency exchanges. Be prepared for short-term profit realizations. Review your long-term investment strategies. DYOR #ETHETFS #ETH $ETH #ANALYSIS
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SOLANA Technical Analysis 📊📈 As of now, the SOL traded at the $180 level A key uptrendline is evident on the hourly chart of the SOL/USD pair with the $175 support. However, if the pair cannot be permanent above $175, it could push the chance to overcome the $188 resistance. This uptrend in Solana's price began after the formation of a support base around $166. SOL managed to move above the resistance levels of $175 and 180 by switching to a positive zone following the rise of other major cryptocurrencies such as Bitcoin and Ethereum. He tested the highest level, the $188 resistance. $SOL In the current situation, there is a support close to the SOL's $182 level. However, in the event of a bigger correction, the initial target is close to the $178 level and the trend line. A close below this level could pull the price towards the $175 level in the near term and even decline to the $166 support. When the technical indicators are examined, we see that the hourly MACD has gained momentum in the bullish zone for SOL/USD. In addition, the hourly RSI (Relative Strength Index) is above the 50 level for SOL/USD. This level shows that the SOL is relatively strong in the current situation. However, it is also necessary to consider the possible support and resistance levels that the SOL may encounter. Among the main support levels, $158 and $152 stand out. Resistance levels are set at $165, $172 and $180. #SOLANA #SOL #ANALYSIS
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