According to Cointelegraph, the Brooklyn District Attorney's Office has successfully shut down 40 fraudulent non-fungible token (NFT) marketplace websites following a scam that defrauded an 85-year-old artist of $135,000. The artist was deceived by an individual posing as an art dealer on LinkedIn, who persuaded him to mint his artwork on a counterfeit NFT marketplace designed to mimic the New York-based OpenSea platform.
The $ACX /USDT trading pair is experiencing an extremely strong bullish trend, with a 79.82% increase in the last 24 hours. The current price is $1.0284. Technical Analysis🦅 Technical indicators show a bullish signal, with the 7-day EMA at $1.0528. The trading volume is high, with a 24-hour volume of 310.42M. Key Levels🦅 Resistance: $1.9245 Support: $0.5719 Potential🦅 The ACX/USDT trading pair has high potential for further growth, with a possible target of $1.8600 (81.3% profit). However,➡️ there is also a risk of a correction, with a possible target of $0.5719 (44.3% loss).
#BURNGMT #2024withBinance #ACXUSDT #BTCBreaking100KAgain? #CryptoAMA ➡️Please note that these targets are based on technical analysis and should not be considered as investment advice.
The $RSR/USDT pair has seen a significant surge, currently priced at $0.014306, reflecting an impressive 46.23% gain over the past 24 hours. The price peaked at $0.014576 after rebounding from a low of $0.008926, signaling strong bullish momentum. With a massive 24-hour trading volume of 6.37B RSR, market interest remains high. A break above $0.014576 could drive RSR to higher levels, while support at $0.0127 may provide stability during corrections. As buying pressure remains strong, traders could benefit from short-term opportunities but should use tight stop-losses to manage risk effectively.
1. **Conservative Estimates**: Some analysts project XVG could reach a maximum of $0.023, driven by moderate adoption and market stability.
2. **Optimistic Scenarios**: Predictions suggest a range of $0.07 to $0.15, supported by factors like growing institutional interest, partnerships, and advancements in its blockchain technology.
3. **Bull Market Potential**: In a strong bullish scenario, XVG might even touch $0.30 or more, representing significant growth from its current price.
Cryptocurrency markets are highly volatile, so these estimates depend heavily on market dynamics, regulatory developments, and overall adoption of Verge's technology. Consider diversifying investments and consulting financial experts for tailored advice.
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Bullish
$RSR is gearing up to join the bull run, showing strong momentum. I’m sharing the key Fibonacci resistance levels with you. Sustained movement above $0.15 is expected to accelerate its bullish trajectory significantly. Traders should watch for volume spikes and confirmations at this level as it could signal the next major breakout phase. Stay alert for market trends and potential corrections along the way. #RSR
Binance market data shows that XRP has surged past 1.90 USDT, marking its highest price level since April 2021. The recent rally signals renewed investor interest in the cryptocurrency, as XRP’s price reaches a peak not seen in over three years.
GALA/USDT Analysis: Head and Shoulders Pattern in Play 📉 Technical Overview The GALA/USDT daily chart is displaying a potential Head and Shoulders (H&S) pattern, a well-known technical indicator often associated with trend reversals. This pattern suggests a possible shift from the bullish momentum witnessed earlier this year to a bearish outlook if key support levels are breached. Here's a deeper dive into the current situation: 🔍 Pattern Breakdown
$BTTC: Ranked 77 by market cap, positioning it higher in terms of market valuation. $LUNC: Ranked 124 by market cap, with a growing community and speculative interest.
$BTC About the Coin: PNUT/USDT PNUT is likely a meme coin or a newer cryptocurrency based on the trading chart and Binance listing. Meme coins often gain attention due to hype, community-driven promotions, or their unique appeal in the crypto market. Below is some analysis based on the given chart and its current trading metrics.