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The Crypto Anatomy
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Bullish
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$GALA
BREAKS ABOVE 200MA 📈
🔔
This time it'll be savage 💵
Time to fly 🚀🚀
#galatrend
#GALA.智能策略库🥇🥇
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$XRP COULD THIS BE THE MOMENT OF TRUTH WE'RE WAITING FOR? 🔔 My previous analysis on XRP was quite a few weeks ago and because of the consolidation it was getting a bit boring. But here's some alpha about price action when such scenarios get an extended stay. 🎯 The Fair Value Gap The price was respecting the bullish FVG and at a point though it looked like the FVG may become invalid as the candle looked to close below the box. But the buyers had different plans. That was the point of reversal and the descending trendline is broken today. Now first things first, the price needs to close above these three points : ✅ The descending trendline ✅ The FVG box & ✅ $0.58 The immediate resistance which has been broken but a pullback is happening at the moment. So the above three will make sure the momentum remains for the next part of the upside journey. Also, it's been almost a month since the Golden Cross occurred. Today the price broke above all the moving averages and trading comfortably above the 200MA which is a crucial level. Even the other side of the coin is showing bullish signs. Considering none of the levels are breached today and a long wick small body green candle is formed, it still shows that the buyers are in strength and in the next few days there could be a big explosion. So Fam this could be your last opportunity. *This is not investment advice. Please do your own research before taking any trade. #Xrp🔥🔥
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$SUI A SETUP AS PERFECT AS TAILOR MADE & THEN KABOOM 💥🚀 🔔 When I mentioned on Sunday that a $ is coming, it was imminent. But a small profit booking couldn't be ignored at that point and it did occur. 📈 A perfect follow up of the Bullish flag, respecting the price action which I always believe holds way more significance than any indicator in the world. Also on the daily chart, the support came at the 20 DMA and formed a hammer. Breaking it down on a lower time frame, we're witnessing a Golden Cross on 4H chart. Now when we have that breakout above the flag and the price comfortably floating above the $ mark up more than a staggering 17% for the day, how strong is the next resistance? 📊 Moving ahead we've strong hurdle at $1.10 which has been a point of rejection and that too multiple times. This will be a crucial phase for SUI and breaking above this will make its life a bit easier as resistances at $1.2 & $1.4 aren't strong enough. At present the resistance of $1 has become the new support with $0.90 next to it. But I hardly see any downside move from here as buyers are heavily dominating now. *This is not investment advice. Please do your own research before taking any trade. #SUI🔥
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$DOGS GOING JUST AS MENTIONED IN THE PREVIOUS ANALYSIS 📊 That consolidation is proving to be a long one and if it spends some more time in that range, we're in for an explosion 💥 So let's sum up the story real quick. The addition of a zero came quickly but it didn't sustain long enough (as buyers outnumbered sellers) ✅ Broke down the crucial support of $0.0010 and closed beneath ✅ Headed towards the next possible support at $0.0009, but made a reversal ✅ With those crucial points checked, the breakout above the descending trendline wasn't a surprise at all. In fact it was on the cards and the retest of the support will give opportunity for some fresh buying again. Also, the FVG2 became invalid when it closed above it. But it has one more milestone pending which is the FVG1. Hoping to break above $0.0011 with better volume and momentum this time. *This is not investment advice. Please do your own research before taking any trade. #DOGSONBINANCE #TON
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🚨🚨🚨 CRYPTO HACK ALERT 🚨🚨🚨 Indian Engineer Arrested for Stealing $6.67M in Cryptocurrencies 📢 According to a report by The Indian Express, the Cyber Crime Unit of Bengaluru has allegedly detained a software engineer for stealing cryptocurrencies worth roughly $6.67 million from his former employer. 📰 In the Asia Pacific, India is termed to have one of the fast-evolving cryptocurrency markets, with over 10 million digital asset holders & users. Despite massive adoption and colossal market size in the region, the nation still needs a clear and favorable set of rules for the market. The incident once again has raised eyebrows and questions related to security of investors' funds. Additional information states that Shubhang Jain, a 26-year-old computer software professional was arrested over the charges of stealing cryptocurrencies from Cipher Technologies Private Limited. An officer of the investigation wing notes that “Jain had transferred the cryptocurrencies to his relatives’ wallets and later had even withdrawn money. He used to live in luxury hotels and lived a low profile. As he moved from place to place, the police were unable to track his movements.” Jain was detained in Mumbai when the authorities got a lead that he was in constant contact with brokers in Mumbai for a lavish property, said the CID official. He met the owner of Cipher on Telegram, from where he was further selected for a job interview. 📈 Overview of the Indian Crypto Market According to available data, the Indian cryptocurrency market is expected to reach $6.6 Billion by the end of 2024. However, the market is expected to grow with a negative CAGR of -2.44% and could reach $6.4 billion by 2025 ending. Binance is one of the most significant players in the Indian crypto space, followed by Gate(dot)io, Coinbase, and Crypto(dot)com, among others. #CryptoMarketMoves
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$FTM AS SAID A FEW HOURS BACK 🧘🏼♂️ There it goes 💥🚀🚀 #FTM
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