We just have seen a massive movement to the downside,looking for liquidity from buyers correcting the prices. It just found support on the breaker block from the last movement to the upside.My expectancy is that this coin will see a correction to the price leading to the upside,correcting the strong sell out that had happened in the last couple of days.
$RSR Coin Warning: Head and Shoulders Pattern with Bearish Divergence! 👈
Trade Type : Short
📉 On the 15-minute chart, RSR is forming a Head and Shoulders pattern—a classic bearish setup. If this pattern fully develops, the coin is expected to dump up to 10% in the short term.
🔍 Additionally, a bearish divergence is forming, reinforcing the downside potential. The key strategy here is to wait for the pattern to confirm before diving in for the perfect entry point. Always prioritize risk management!
bearish divergence is evident, further supporting the bearish outlook. To add to this, a significant amount of liquidity has formed below the current price point, indicating that the price might move downward to clear these levels.
Entry : 0.014796 (JOIN MY LIVE STREAM FOR FREE SIGNAL )
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Ripple CEO Challenges Former SEC Official's Crypto Criticism
According to U.Today, Ripple CEO Brad Garlinghouse has responded to remarks made by former SEC official John Reed Stark during a recent episode of "60 Minutes." Stark criticized cryptocurrencies, labeling them as a societal "scourge" and asserting that crypto tokens are securities. These comments sparked backlash within the XRP community, with Garlinghouse accusing Stark of being a "shill" for SEC Chair Gary Gensler.
Garlinghouse clarified that he has never interacted with Gensler, stating, "I’ve never spoken, met or even been in the same room as Gary Gensler." He expressed hope that his former boss, Paul Atkins, might assume the role of SEC Chair and reverse many of the non-crypto initiatives and cases that occurred under Gensler's leadership. Stark, in a social media post, predicted that Atkins, known for his pro-crypto stance, could become the greatest SEC Chair in history.
Garlinghouse criticized Stark's statements, arguing that they were "provably false" and suggested that "60 Minutes" could have fact-checked them before airing. He further contended that the SEC's failure to protect investors was the real "scourge of society." Garlinghouse also noted that "60 Minutes" omitted a significant portion of his interview, including his assertion that XRP is not a security.
Can $BTTC Make You A Millionaire By 2030? Dive into it! 💰📊 BitTorrent Chain ($BTTC), a project BitTorrent Chain ($BTTC), a project deeply rooted in the blockchain ecosystem, is buzzing with its potential to transform the future of decentralized file sharing. But can it really make you a millionaire by 2030? Let's explore its journey, potential and goals
Full approved, it is black Tuesday with all of rebate on all altcoin just before the bullish market. If u have still funds go now. In one month you share 10% obenefits with me 🤫
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Humaid Enterprises
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Bullish
Some might think it’s a bad thing but I think it’s an opportunity to lower the average cost. It’s all about buying low and selling high. 🚀
$RSR always choose the best tokens to trade, and when you feel you are in the right place, don't leave, because if you leave the opportunity will pass and not come back......💎💎💎💎🚀🚀🚀🚀
$RSR always choose the best tokens to trade, and when you feel you are in the right place, don't leave, because if you leave the opportunity will pass and not come back......💎💎💎💎🚀🚀🚀🚀
#HaveYouBinanced Satoshi Nakamoto is probably long since dead. No movement on his/her 1 million bitcoin address since it was created. It's been 15 years without any activity on those 1m bitcoins.
Investing in Reserve Rights (RSR) today could be considered an opportunity based on several factors, though it comes with risks, as all cryptocurrencies do. Here’s an explanation of why it might be appealing, along with the potential for profit:
1. Unique Use Case
RSR is the governance and utility token for the Reserve Protocol, which aims to create a stable, decentralized ecosystem. It supports Reserve Stablecoins (RSVs), designed to combat inflation and provide financial solutions, especiall
Gary Gensler Quietly Sets Crypto Crackdown in Motion Ahead of Leadership Transition
As his tenure nears its end, SEC Chair Gary Gensler is reportedly implementing aggressive enforcement measures against the cryptocurrency industry, ensuring his regulatory priorities persist even after leadership changes. Former SEC official John Reed Stark warns that Gensler’s calculated moves could extend the SEC’s tough stance on crypto.
Behind-the-Scenes Promotions Spark Concern
Stark revealed that Gensler recently promoted key crypto-enforcement lawyers to senior executive roles, solidifying the SEC’s approach to digital asset oversight. These quiet promotions, yet to be formally disclosed, position the SEC to maintain aggressive crypto enforcement regardless of incoming leadership.
“Gensler is quietly working behind the scenes to lead the SEC from the grave,” Stark commented, suggesting these moves are designed to cement the current administration’s policies.
The Leadership Shift: Paul Atkins’ Pro-Crypto Stance
With the expected appointment of Paul Atkins as the next SEC Chair, the agency may pivot to a more pro-business and crypto-friendly agenda. Atkins, known for his market-friendly policies, is widely regarded as a potential advocate for innovation in the crypto space.
Despite this optimism, Stark cautioned that Gensler’s strategic groundwork could ensure continued regulatory scrutiny of cryptocurrencies under the new chair’s tenure.
What It Means for Crypto
• For the Industry: Gensler’s aggressive enforcement could lead to heightened scrutiny, even under new leadership. • For Investors: The regulatory landscape remains uncertain, with a mix of optimism for Atkins’ appointment and caution over Gensler’s lingering influence.
Final Thoughts
The SEC’s approach to cryptocurrency is at a critical juncture. While Gensler’s actions suggest continued enforcement, Atkins’ pro-crypto stance could signal a shift toward fostering innovation. The balance of these priorities will shape the industry’s regulatory future.
Do you think Atkins can overcome Gensler’s legacy and create a pro-crypto environment? Share your thoughts below! #BURNGMT #2024withBinance #ETHCrosses4K