Turbo usdt the trend line on daily time frame can look lik | whales signals on Binance Square

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Bullish

Turbo usdt the trend  line on daily time frame can look like this 
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Mask usdt 1 week chart analysis if we exit the triangle ,we expect excellent growth we have to wait #CryptoUsersHit18M our crypto community already bullish on Mask usdt and futures #Write2Earn!

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This is my technical analysis for MOVE/ USDT on the 4-hour timeframe. The price is currently trending downwards, respecting a descending resistance line I've drawn, which connects multiple swing highs in the recent price action. Key observations: Resistance Line: The trendline is clearly acting as resistance, with multiple touches confirming its validity. A breakout above this line could signal a reversal in trend. Support Zone: The support level around $0.60 has held well so far. If the price continues to respect this support, we could see a breakout attempt in the near term. Volume: Volume has been steadily declining, suggesting that the market is consolidating. A volume spike at the trendline could confirm the breakout or breakdown. RSI Divergence: The RSI is showing a potential divergence, hinting at weakening bearish momentum. Trade Idea: Bullish Scenario: If the price breaks above the trendline with strona volume. I willBullish Scenario: If the price breaks above the trendline with strong volume, I will target the next resistance zone around $0.70-$0.75. My stop loss for this trade will be just below $0.60, in case the support fails. Bearish Scenario: If the price breaks below the $0.60 support, the next target could be $0.50. I will wait for confirmation before entering a short position. I'm setting alerts at both the trendline and the $0.60 level to monitor the movement closely.

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Ripple Unleashes 1 Billion XRP Amid Historical XRP Price Breakout One billion XRP tokens were unlocked by Ripple today, which can be valued at $1.92 billion at the current price. This release is a standard operation in which the San Francisco-based crypto company releases 1 billion XRP to the open market every first of the month. According to the original XRPL novel,Ripple is expected to unlock a total of 55 billion tokens from its escrow accounts, which is nearly 55% of the total XRP supply. The goal of such a decision was to make the supply of XRP more predictable. 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 300,000,000 #XRP (585,161,193 USD) unlocked from escrow at unknown wallethttps://t.co/8VO4uFve0F — Whale Alert (@whale_alert) December 1, 2024 Currently, the cryptocurrency company has just under 37.24 billion tokens remaining in its accounts. How many tokens remain in the market is still an unknown value and will be known when Ripple locks back unclaimed tokens. card Given thatXRP is one of the main newsmakers and headliners in the crypto market right now, such a move could cause panic or at least volatility for the token. XRP ended November with a price gain of 283.9%, and the release of 1 billion tokens when the price of the token is at a seven-year high may be negative, especially for those unfamiliar with such nuances of the popular cryptocurrency's tokenomics. XRP experienced a drawdown with the first day of December, but not that dramatic. Considering that all of November until the last day was bullish for the token, the 2.4% intraday drawdown can hardly be considered significant. Furthermore, XRP is now trading above its opening price of $1.93, according toBitstamp. card Tomorrow is Monday, and it will be possible to see how XRP behaves on higher volumes, but the beginning of the month is still a continuation of the party despite such eye-catching events for the token.

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