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PEPE Price Drops 8% as Momentum Indicators Point to Further Weakness
Baby price has dropped by nearly 8% in the past 24 hours, days after hitting an all-time high on December 9. Momentum indicators, including the RSI at 33.3, show that Baby is approaching the oversold zone but has yet to reach the critical 30 threshold, leaving room for further correction. Additionally, the 7-day MVRV of -9.3% suggests significant losses for short-term holders, with historical data suggesting a potential drop of -12% to -15% before a rebound. Whether Baby holds its key support at $0.0000188 or drops further will likely determine its next major price move.
ASIC Sues Binance Australia Over Consumer Protection Failures
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance Australia Derivatives, accusing the platform of failing to protect consumers. The authority alleges that Binance wrongly classified more than 500 retail customers as wholesale investors between July 2022 and April 2023. Binance reportedly denied them basic protections under Australian financial laws.
$200M ADA Sale Raises Fears That Price Could Drop Below $1
Cardano (ADA) price has been in a downtrend recently, raising concerns about a possible drop below the $1 support level. A major contributor to this decline is selling activity by large ADA holders, often referred to as whales. These Cardano investors are selling their coin holdings, likely to capitalize on recent gains to lock in profits.
GRASS price has dropped by around 15% in the past 24 hours after hitting an all-time high just two days ago, indicating a sharp shift in momentum. Despite this correction, GRASS remains among the top 20 coins on Solana, with a market cap of just over $700 million. Technical indicators, including the RSI and Ichimoku Cloud, are pointing to increasingly bearish signals as selling pressure builds and key support levels come into focus. However, if GRASS can stabilize and regain upward momentum, it has the potential to challenge nearby resistance areas and re-attempt its upward trajectory.
Shiba Inu (SHIB) Faces Uncertainty as Whale Holdings Decline
The price of Shiba Inu (SHIB) has surged 162% in 2024, but it has now entered a consolidation phase, rising by only 2% in the past seven days. SHIB is ranked 13th among all cryptocurrencies by market cap, and remains the second-largest meme coin, behind only Dogecoin. Recent technical indicators, such as the RSI, whale activity, and EMA movements, are giving mixed signals for SHIB’s price direction. Whether it regains momentum or faces further declines depends on how it interacts with key support and resistance levels in the coming days.
Attack on Binance game Only 191 hours left and it is documenting the wallets to prepare to send coins to players Good luck to all Campaign and game link
He is lying, he can't get this amount, and I challenge him if his name appears in it, he wants to exceed 10 thousand followers, and you will start getting 20 every week if you publish news every hour
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Crypto_ BTC_ADNAN -حيتان التداول
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Bullish
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This achievement reflects the effort I put into providing purposeful and distinctive content 📚✍️, and I consider it an encouraging step to continue providing the best 🚀.
I thank all the followers and everyone who supported and encouraged me ❤️, and I especially thank the Binance Square platform for this wonderful opportunity 🙌. The best is yet to come, God willing! 🌟