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$XLM
has strong support at 0.41 region , if this support hold another rally possible to 0.6 to 0.8
But be careful, if it lost the support it'll go down to 0.3 region .
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Ethereum's recent surge to $3,600, coupled with a record $22 billion in open interest for $ETH futures, has sparked excitement in the crypto community. This development could potentially trigger an altcoin rally, as Ethereum's momentum often influences the broader market . Several factors contribute to Ethereum's bullish outlook. The increasing open interest in ETH futures indicates growing investor confidence, while the recent price rally has sparked renewed interest in the cryptocurrency . Additionally, Ethereum's ecosystem is expanding, with the growth of layer-2 networks and decentralized applications (dApps) While it's difficult to predict with certainty, Ethereum's current momentum could indeed spark an altcoin rally. As investors become more optimistic about Ethereum's prospects, they may also seek opportunities in other altcoins, potentially leading to a broader market upswing. Key factors to watch: - Ethereum's price movement : A continued rally could further boost investor confidence and spark an altcoin rally. - Open interest in ETH futures : Growing open interest could indicate increasing investor confidence and a potential altcoin rally. - Ethereum's ecosystem growth : Expansion of layer-2 networks and dApps could contribute to Ethereum's bullish outlook and potentially spark an altcoin rally. #AltcoinMomentum
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Gaming Sector Picks Up Steam! After being deemed an underperforming sector, gaming has finally gained momentum this week. I believe the use case of blockchain in gaming is often underestimated. Gaming is extremely retail-friendly, with most people understanding and engaging with the sector daily. Mainstream Adoption Potential Gaming is one of the few sectors with genuine mainstream adoption potential. Unlike AI, which mostly lives off the narrative, gaming has already seen significant traction. Projects like Off The $Grid and $Pixels (built on Ronin) have attracted thousands of users. Heavy Repricing Ahead? 👀 While I'm bullish on the sector, I predict some heavy repricing among gaming tokens at some point this cycle. My top gaming bag remains $BEAM. $AVAX has established itself as the leading chain for gaming, and with BEAM serving as a subnet tailored specifically to Web3 gaming development and gameplay, I believe it will be among the top gaming performers this cycle. Other Notable Mentions PRIME is another interesting gaming coin I've been monitoring, combining both AI and gaming narratives and listed on Coinbase. What are your thoughts on the gaming sector's potential? 🤔 #Gaming #Crypto #Blockchain #PlayToEarn #Metaverse
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