🚀 Crypto enthusiasts, brace yourselves! Dogecoin (DOGE) is on the verge of a potential 1600% price surge, thanks to rising interest and institutional backing. This meme coin is gaining traction, with increased retail adoption fueling optimism. But wait, there's more! 🌟
Enter Rexas Finance (RXS), an Ethereum-based altcoin poised for a staggering 19770% return. With its innovative approach to real estate tokenization and DeFi, RXS is capturing investor attention. Currently in its presale stage, RXS offers a unique opportunity for early adopters.
Join the conversation! Will DOGE or RXS lead the next crypto wave? Share your thoughts below!
Coinbase's crypto advocacy group, Stand With Crypto, has expanded to Australia, aiming to promote regulatory clarity and crypto-friendly policies. Tom Duff Gordon from Coinbase emphasized the need to shift the narrative from crypto scams to its beneficial use cases. The initiative seeks to engage both grassroots movements and top-down advocacy to elevate crypto's profile in Australia. Simon Kennedy, an Australian MP, indicated potential support from the Liberal Party ahead of the 2025 federal election. The move follows similar launches in Canada and the UK, as the group continues to advocate for sensible crypto legislation globally.
🚀 Crypto Drama Alert! 🚀
In the latest twist of the FTX saga, the bankruptcy estate is playing detective, filing a lawsuit against Binance to recover a whopping $1.8 billion! 🕵️♂️
- The claim? Binance's former CEO, Changpeng "CZ" Zhao, and his team allegedly received a hefty $1.76 billion in a shady transfer from FTX.
- Flashback to July 2021: Sam Bankman-Fried, now behind bars, sold FTX stakes using a mix of FTX Token (FTT) and Binance's BNB & BUSD.
- The estate argues FTX was insolvent from the get-go, making the deal a big no-no.
What do you think? Drop your thoughts below! 💬
Based on the 15-minute chart for $VTHO /USDT, the current price is 0.002320, reflecting a significant increase of 31.00%.
For traders considering entry, the optimal range could be around 0.002300 to capture further momentum.
The immediate resistance level to watch is at 0.002426, and if this is surpassed, the price could move toward the next resistance at 0.002680, which aligns with the 24-hour high. For profit-taking, traders might set targets at 0.002400 for TP1, 0.002500 for TP2, and 0.002600 for TP3 to gradually secure gains.
The primary support level is found at 0.002133, acting as a critical safety net during potential pullbacks.
To manage risk effectively, setting a stop-loss (SL) at 0.002100 is advisable to limit exposure in case of unfavorable price movements.
#Therapydogcoin #BTCNear82k
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Gary Gensler, the current SEC chairman, could face substantial repercussions should former President Trump return to office. Trump has explicitly stated his intention to dismiss Gensler on his first day, primarily due to Gensler's stringent regulatory approach toward the cryptocurrency sector.
Under Gensler’s leadership, the SEC has undertaken numerous high-profile enforcement actions targeting crypto companies, including fines, lawsuits, and warnings related to unregistered securities offerings. This aggressive stance has drawn significant criticism from the crypto community.
Critics argue that Gensler’s regulatory approach hinders innovation and undermines the U.S.'s competitive position in the global crypto landscape. If Trump reinstates a more business-friendly administration and removes Gensler, a notable shift in the SEC’s regulatory policies could occur, potentially signaling a more permissive or reduced regulatory approach.
The critical question remains whether Gensler could withstand the challenges if Trump resumes office and fulfills this pledge. While Gensler’s extensive experience as a regulator underscores his capabilities, his policies on cryptocurrency have rendered him a focal point for industry criticism.
Depending on the political developments, he may encounter increasing pressure not only from crypto advocates but also from Congressional members and other officials who share Trump’s preference for a less restrictive, pro-business regulatory framework.
Should Trump take office and act on his plan, it could mark a pivotal turning point for the SEC, the cryptocurrency industry, and broader regulatory policies impacting technological innovation.
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Based on the 15-minute chart for $VTHO /USDT, the current price is 0.002187.
Traders considering an entry point might look at entering around 0.002150 for potential gains. The nearest resistance level is at 0.002426, which, if surpassed, could lead to a move towards the next resistance at 0.002680.
These levels indicate areas where profit-taking could occur, with take-profit targets set at 0.002300 for TP1, 0.002400 for TP2, and 0.002600 for TP3.
On the downside, support is found at 0.002133, which could act as a stabilizing level during price pullbacks.
For risk management, a stop-loss (SL) should be placed at 0.002100 to protect against potential adverse price movement.
#Therapydogcoin #BTCNear82k
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🚀 Bitcoin has smashed through the $80,000 barrier, hitting a new all-time high of $81,260! 🌟 Market sentiment is at a seven-month high, with indicators showing extraordinary optimism. This bullish wave has pushed the crypto fear and greed index into "extreme greed" territory, signaling a thrilling high-risk-high-reward environment. 📈
Are you riding the BTC wave or watching from the sidelines? Share your thoughts and strategies in the comments! Let's dive into this exciting market together! 💬 #BTC #CryptoBullRun #DeFi #Altcoins #CryptoCommunity
Render Token (RNDR/USDT) Analysis on Daily and 3-Day Timeframes
Daily Chart (1D)
- Current price: $6.023, showing a 10.57% increase.
- Trend: Bullish, as the 7-day moving average (MA) is above the 25-day MA, signaling positive momentum.
- RSI: 82.79, indicating overbought conditions, which could lead to a short-term pullback or consolidation.
- MACD: In positive territory, with the MACD line slightly above the signal line, supporting the bullish trend.
- Support: $4.556, with additional support around $3.410 in case of a deeper pullback.
- Resistance: $7.030, which, if broken, could lead to further gains.
- Outlook: Due to the high RSI, some correction or sideways movement is possible. However, if the bullish momentum holds, RNDR could aim to test the $7.030 resistance level.
3-Day Chart (3D)
- Trend: Improving, with the 7-period MA nearing the 25-period MA, suggesting a shift towards a medium-term bullish trend.
- RSI: 66.16, indicating moderate bullish momentum without being overbought, allowing room for further gains.
- MACD: Beginning to show a positive trend, with potential for a bullish crossover to reinforce upward momentum.
- Support: $4.556, with additional support at $3.410 if a significant correction occurs.
- Resistance: $7.030, with a breakout above this level possibly leading to new highs.
- Outlook: The 3-day chart shows a more balanced trend, with RSI still below the overbought zone. If the price sustains above $6.023, there is potential to retest and possibly break through the $7.030 resistance.
RENDER displays bullish momentum on both the daily and 3-day charts. While a short-term pullback could happen due to the high RSI on the daily chart, the overall trend is positive if key support levels hold. A continued move above $6.023 may lead to testing the $7.030 resistance.
Follow for TA, analysis and price action. thanks.
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$RENDER
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$TIA
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$PEPE
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XRP Price Fights for Stable Climb: Will Bulls Win?
XRP price accelerated over $0.5800. Price rose toward $0.6150 resistance and corrected.
Like Bitcoin, XRP struggles to increase steadily.
The price is above $0.580 and the 100-hour SMA.
The hourly XRP/USD chart shows a bullish trend line with support at $0.5780.
If it holds over $0.5720, the pair may rise again.
XRP Expects More Gains
XRP held over $0.5250. It built a base and rose over $0.5550, although the gains were less than Bitcoin and Ethereum. Above $0.5850 and $0.6000 resistance levels.
Before bears emerged, bulls drove the price over $0.6050. Before the retreat, $0.6162 was the high. Below $0.600, it reached $0.5640. After hitting a low of $0.6162, the price is rising again.
Price rose over $0.580 barrier. The price broke the 50% Fib retracement level of the latest slide from $0.6162 swing high to $0.5630 low.
The price is above $0.580 and the 100-hour SMA. On the hourly XRP/USD chart, a bullish trend line with support around $0.5780 is formed. On the upside, resistance may be approaching $0.5950 or the 61.8% Fib retracement level of the current slide from $0.6162 swing high to $0.5630 low.
Near $0.6040 is the first big resistance. The next hurdle may be $0.6150. A break over $0.6150 might push the price above $0.6220.
Price of XRP: XRPUSD on TradingView.com.
More advances might push the price toward $0.6350 or $0.6420. $0.6500 may be the next challenge.
Another Fall?
XRP may fall again if it fails to break $0.600. Initial negative support is $0.5820. Near $0.5780 and the trend line is the next important support.
If the price breaks down and closes below $0.5780, it may fall toward $0.5650. Near $0.5500 is the next key support.
Tech Indicators
Hourly MACD - XRP/USD MACD is rising in the positive zone.
XRP/USD's hourly RSI is over 50.
Key Support Levels: $0.5820, $0.5780.
Major resistance levels: $0.6000, $0.6150.
#XRP #Trump47thPresident #PensionCryptoShift $XRP
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