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tradingbycfpro
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XRP (XRP) has underperformed the broader cryptocurrency market in 2024, but technical indicators suggest a potential significant rebound: - Inverse head and shoulders pattern on the weekly chart indicates a possible bullish reversal - Breakout above the neckline ($0.65-$0.66) could propel prices towards $0.90-$1.00 (100% increase) - Trading above 50-week and 200-week exponential moving averages (EMA) supports the breakout narrative - Large symmetrical triangle on the monthly chart suggests significant gains if XRP breaks above the upper trendline - Projected upside targets $4.20 or higher based on the triangle's height - Nearest resistance at $0.71-$1.05 (0.236-0.382 Fibonacci range) - 50-month EMA at $0.526 acts as dynamic support Remember, this article does not contain investment advice, and every investment involves risk. Conduct your own research before making a decision. #XRPGoal #tradingbycfpro
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"Bitcoin Market Analysis Yesterday, Bitcoin attempted to break down on the weekly candle but was rejected, forming a resistance on the monthly candle. The price briefly touched $52,550, triggering liquidations of long positions. However, as the price reached this level, many traders took short positions, causing Bitcoin to change direction. Current Outlook: - Expect a potential short-term increase to $55k, $56k, or $57k - Be cautious, as this may be a fake breakout, and the price can crash again from this zone - Remember, the next breakdown and monthly chart resistance will be around $47k and $44k Stay vigilant and good luck with your trades!" #tradingbycfpro #BTC☀
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"DOGS Coin Prediction Alert Current Price: $0.001045 Warning: Potential Breakdown Ahead! Next Support Levels: - $0.00088 (immediate support) - $0.00066 (key support) - $0.00049 (critical support) Caution: All DOGS buyers, be aware of the potential price drop. If the support levels are broken, the price may further decline. Stay vigilant and adjust your trading strategies accordingly." #tradingbycfpro
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"Don't Risk Losing Money in Crypto Without Knowledge! Remember, following me means you'll be safe forever! I'm sharing my 10 years of experience in the crypto market through live streams and posts. By following me, you'll gain valuable insights and stay ahead of market trends. Avoid losses and stay informed! I'll keep you updated on market crashes and movements. Follow me and take advantage of my expertise to make informed decisions in the crypto space." #tradingbycfpro
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Important Reminder: USDT Policy During Market Dumps When the market experiences a downturn due to liquidation, many people witness a decrease in USDT volume. However, the price of USDT often increases because: 99% of investors seek to buy more USDT for investment purposes This creates an opportunity for you to sell your USDT at a premium price through P2P trade, making it a low-risk business. Key Strategy: Buy USDT in a bullish market Sell USDT at a high price during a market crash Remember, this approach allows you to capitalize on market fluctuations and make profitable trades." #tradingbycfpro
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