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#MarketSentimentToday Reclaiming $0.50, #XRP Indicators Suggest $1 Surge XRP is rising beyond $0.500. Price may rise over $0.580 and $0.600 due to a favorable bias. XRP is trying to regain over $0.50. The price is above $0.5150 and the 100 SMA. XRP/USD broke above a negative trend line with resistance at $0.5220 on the 4-hour chart. Bullish momentum might result from a closure above $0.580 barrier. XRP Price Rises After a strong drop, XRP found support about $0.3880. Like Bitcoin and Ethereum, it built a base and rose beyond $0.450. Bulls broke $0.50 resistance. Price rose over the 50% Fib retracement of the falling trend from $0.6420 swing high to $0.3875 low. In addition, the 4-hour XRP/USD chart broke above a negative trend line with resistance at $0.5220. Current price is above $0.5150 and 100 SMA (4 hours). Resistance at $0.5650 is immediate. The 76.4% Fib retracement level of the bearish run from the $0.6420 swing high to the $0.3875 low is $0.5820, the next significant resistance. Close over $0.5820 barrier might start a significant surge. Around $0.620 is the next resistance. Bulls may surge above $0.680 barrier if they stay above $0.620. More advances might push the price toward $0.700. Another Drop? XRP may fall again if it fails to break $0.5820. Initial downward support is $0.540. The next significant support is $0.5150. If price breaks down and closes below $0.5150, it may accelerate lower. Prices may retest the $0.4650 support zone. 4-Hours MACD – XRP/USD's MACD is rising in the positive zone. 4-Hours RSI – XRP/USD's RSI is over 50. Major Support Levels: $0.540, $0.5150, $0.4650. Major resistance levels: $0.5650, $0.5820, $0.6200.$XRP #bitcoinhalving #Memecoins

BlackRock tokenizes Money Market Fund on Hedera, 🚀🚀HBAR price soars 100% Archax, Ownera, and The 💰HBAR Foundation pioneered Hedera's first BlackRock MMF tokenization. Hedera Council member abrdn tokenized its MMFs last year. The ecosystem's fundamental, Real World Assets, has driven Hedera Hashgraph (HBAR) price up. Hedera is designed for institutional RWA tokenization at scale, and the developers have brought the world's biggest asset manager on-chain to boost asset management. BlackRock tokenizes Hedera MMF Archax, Ownera, and The HBAR Foundation allowed Hedera's first tokenization of BlackRock's money market fund (MMF), a real-world assets (RWAs) industry first. The London-based digital asset exchange, broker, and custodian Archax, the HBAR Foundation, and Ownera, an institutional-grade digital assets platform, formed a joint venture to introduce the MMF to Hedera. In 2023, abrdn plc, the UK's biggest active wealth management and a Hedera Council member, tokenized its MMFs on Hedera. They also revolutionized asset management with their tokenized funds. The implications for traders Money Market Funds are secure, liquid, and reliable investments for investors who want to protect wealth and manage cash. Its institutional stability and yield make it valuable for RWAs. Users may trade shares on Archax using tokenized MMFs. Other features include faster transfers and collateral deployment instead of subscriptions and redemptions. The HBAR Foundation CEO Shayne Higdon stated: Archax-enabled MMF shares tokenized on Hedera are a big vote of confidence. Hedera's speed, security, and cheap cost make it suitable for Archax's institutional-grade tokenization of real-world assets. It supports BlackRock CEO Larry Fink's claim that financial asset tokenization allows immediate settlement. HBAR pricing response as Hedera gets asset management heavyweight The announcement drove Hedera Hashgraph price up 100% to $0.1776. Levels last tested April 25, 2022. #RWA #HBAR $HBAR #BlackRock

Is It Just Deja Vu or Is There Going to Be a Cardano $1 Explosion? In the last several months, investors in Cardano (ADA), the tenth biggest cryptocurrency by market capitalization, have had a wild ride. The little gain in ADA's price after a sharp drop in March has experts split on the cryptocurrency's future course. Would 2024 be the breakout year for ADA if the pricing trend from the past repeated itself, or are there red flags that need to be addressed? A Bullish Echo or a False Hope: Cardano Mimics 2020? A similar chart pattern is holding on for dear life for hopeful investors. The price of ADA seems to be following the same pattern as in 2020, says prominent crypto analyst Milkybull. There was a big price spike before the "Adam and Eve" double bottom pattern. A break from this pattern may cause ADA to retest its all-time high this year, if past performance is any indication. The use of historical comparisons, meanwhile, is not without its drawbacks. The bitcoin market is dynamic and ever-changing, therefore it would be foolish to depend just on historical patterns. Flashing Green: Technical Indicators, However, Network Activity Delays A number of popular technical indicators that attempt to predict how the market will react are showing positive enthusiasm towards Cardano. Both the RSI and the Chaikin Money Flow indicators are moving in an upward trend, which might indicate that prices are about to go higher. At the same time, an important statistic shows something different. Over the last few days, Cardano's daily active addresses—a measure of the unique users engaging with the network—have decreased somewhat. A possible explanation for this worrying drop in network activity is that fewer people are interested in using the Cardano ecosystem. The Future of Cardano: A Delicate Balance For now, Cardano's future is cloudy. There is a possibility of a bull run if we look at past trends and positive technical indicators, but the waning activity on the network makes us wonder whether it will last. #ada #cardano $ADA #ETH

#MarketSentimentToday Best 4 Cryptocurrencies to Invest in That Cost Less Than 1 Cent DogeCoin (DOGE) The Shiba Inu dog seen in the viral "doge" internet meme served as inspiration for the DOGE cryptocurrency. Dogecoin was born in December 2013 as a playful spin on Bitcoin and other serious cryptocurrencies. Distinctive Characteristics: Dogecoin's supply is inflationary, meaning that new coins are constantly being generated, in contrast to Bitcoin's restricted quantity. Because of this, Dogecoin is easier to get, but its value may decrease over time. Shiba Inu (SHIB) You may be interested in the Shiba Inu cryptocurrency (SHIB). One anonymous organization or individual operating under the pseudonym "Ryoshi" launched the decentralized cryptocurrency SHIB in August 2020. Its mascot is similar to that of Dogecoin (DOGE), another meme-based cryptocurrency, and it is based on the Shiba Inu dog breed. Developed on the Ethereum network, SHIB is a coin that uses the ERC-20 standard. There are a lot of SHIB tokens available—one quadrillion—unlike Bitcoin and other rare cryptocurrencies. BitTorrent (BTT) The ubiquitous BitTorrent protocol for file sharing is inextricably related to the cryptocurrency known as BitTorrent (BTT). The BitTorrent ecosystem, a popular protocol for exchanging files between users in a decentralised network, uses BTT as its native cash. RichQUACK (QUACK) One such meme token that aspires to reward investors via "frictionless yield generation" is Rich Quack, which is part of the hyper-deflationary Binance Smart Chain (BSC). No staking or waiting for fees to be distributed is required of holders. The smart contract instantly credits the holder's account with the allocated fees. Holders of Rich Quack have the opportunity to earn money via investing, constructing, holding, and winning. Rich Quack plans to do this by bringing together like-minded individuals who are prepared to put in long hours and make significant contributions to reach their shared objective. #Memecoins #SHIB #DOGE #RichQUACK🐤

#MarketSentimentToday SOL Rallies Past $150 Zone: New All-Time High? The Solana price rose 13% in a week to $154 today, up 0.2% in 24 hours. The currency has down 11% in the previous 30 days despite a 600% year-to-date surge. SOL has been strong in recent months, and its medium- and long-term momentum suggests it might easily perform a couple more rises. With signs showing increase, SOL's chart is looking positive. After falling early this morning, SOL's relative strength index (purple) has risen above 50 and is poised to reach 70. A few days ago, the coin's 30-day average (orange) surged above the 200-day (blue) and still has room to advance. SOL's resistance (red) and support (green) levels are increasing and converging, another optimistic indicator. With Solana's trading volume over $3.2 billion, a major surge may be imminent. However, whales may still be selling, so the Solana price may tumble again before recovering. Since miners were pressured by last week's Bitcoin halving, Solana and the market are both jittery. Macroeconomics are also uncertain, with reports indicating the Federal Reserve may postpone its much-anticipated rate decreases. If history is any indication, the latest Bitcoin halving will steadily increase demand, while such cutbacks will eventually occur. This will assist the Solana price rise, since the currency remains one of the strongest fundamentally. Demand for SOL-based meme currencies and NFTs has increased the Solana blockchain's locked-in value by nearly 800% since November to $4 billion. Such tendencies might increase the coin's price to $300 by the fourth quarter. #BTC #ETH $SOL #sol

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