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Bitcoin, Ethereum, Ripple: BTC consolidates after record high Bitcoin consolidates between $87,000 and $93,000. A closing below $3,000 would force Ethereum's price to fall further. Ripple price is approaching $1.13 barrier; a close above would prolong its rise. Bitcoin (BTC) is consolidating after hitting a record $93,265 last week. Ripple's (XRP) price is optimistic as it tests and maybe smashes critical barrier, while Ethereum's (ETH) price is reaching its support level and might fall further. Price of bitcoin consolidates between $87,000 and $93,000 Bitcoin hit a fresh ATH of $93,265 on Wednesday. Since then, it has consolidated with $87,000 in early backing. On Monday, it trades marginally higher at $90,500. BTC might fall to $85,000 if it breaks $87,000. A successful closure below this level might ignite a $78,800 sell-off. If BTC breaks and closes over $92,625, the surge might reach $100,000, a psychological threshold. Ethereum will fall if it closes below $3,000. After Tuesday's rejection around $3,454, Ethereum fell 8.8% till Sunday. It trades marginally higher on Monday, near $3,100, approaching the psychologically critical $3,000. If ETH falls below $3,000, it may retest its 200-day Exponential Moving Average of $2,799. ETH will climb to retest its psychologically crucial $4,000 barrier if it breaks and closes above weekly resistance at $3,454. The ripple price may rise above crucial resistance. On Thursday, Ripple price smashed $0.718 daily barrier and soared 62.5% till Saturday. It fell 5.9% on Sunday after failing to break the $1.13 50% price retracement. It rises 8.8% on Monday, breaking $1.13. If XRP closes over $1.13, it might climb 21% to $1.372, its next daily barrier. If XRP fails to finish above $1.13, it may fall under $1.00, a psychologically crucial milestone. #XRPPriceAction #BTC #ETH $BTC $XRP
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XRP Nears $1.45: Can the Rally Continue? XRP is up 25% and over $1.00 support. Price might rise if it breaks $1.1380 barrier. Above $0.880 barrier, XRP price rose sharply. The price is above $1.00 and the 100-hour SMA. XRP/USD broke above a negative trend line with resistance at $1.050 on the hourly chart. The XRP price stayed over $0.700. After basing, it rose beyond $0.8800. It rose over 50%, outperforming Bitcoin and Ethereum. Price rose beyond $1.00 before bears came. The price pulled down from $1.2747, its peak. Below $1.150, the price tested $1.100. The $1.00 support was tested. Price reached a low of $0.9988 and is climbing. Moved over $1.050 barrier. On the hourly XRP/USD chart, a connecting bearish trend line with resistance at $1.050 broke. The price is above $1.050 and the 100-hour SMA. The price may find resistance at $1.1380 on the upside. It is around the 50% Fib retracement of the $1.2747 swing high to $0.9988 low decline. The 76.4% Fib retracement level of the bearish trend from the $1.2747 swing high to the $0.9988 low is the first significant barrier at $1.200. The next hurdle may be $1.250. A clean break above $1.250 might push the market over $1.320. More advances might push the price beyond $1.3850 or $1.40. $1.50 may be the next challenge. Are Dips Limited? If XRP fails to break $1.1380, it might fall. Initial downward support is about $1.050. Near $1.00 is the next important support. If the price breaks below $1.00 and closes below it, it may fall toward $0.9320. Near $0.880 is the next important support. Tech Indicators Hourly MACD - XRP/USD MACD is rising in the positive zone. XRP/USD's hourly RSI is over 50. Major Support Levels: $1.0500, $1.0000. Key Resistance Levels: $1.1380, $1.2000. #XRPPriceAction #MajorUnlocks #USDebt36Trillion $XRP
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Traders celebrate massive token burn as Bonk holds near record-high Following a weekly surge of almost 100%, Bonk reached a new record high of $0.000056 A meme currency centered on dogs has announced that one trillion tokens would be burned before Christmas. On Sunday, BONK's trading volume hit 2.67 billion, and according to the technical analysis, the price is expected to continue rising, perhaps reaching a new high of $0.000062. What is the Significance of Web3 Social Networks? Possibilities and Future Outlook Decentralization With the use of blockchain technology, Web3 social networks may function decentralizedly. Users get more agency over their data and their ability to withstand censorship as a result of this. User-Friendly Data Security In contrast to the centralized server architecture of conventional social networks, Web3 networks use a distributed architecture to store user data. Better data protection is achieved by reducing security threats. Distribution of Earnings and User Benefits Users' contributions in Web3 social networks may be rewarded with tokens. A more egalitarian online space may be achieved when content producers are allowed to directly profit from their interaction. Governance by the People Decentralized autonomous organizations (DAOs) are a common building block for Web3 projects because they let users have a say in project decisions. The community gains more agency and property rights under this arrangement. Independence and Openness All transactions and decisions made by Web3 networks, which operate on the blockchain, are publicly visible. More trust from users is cultivated by this openness. Possibilities and Future Outlook Web3 networks are well-positioned to become a major player in the social media landscape going forward because to improved user autonomy, income sharing, and resistance to censorship. These networks may develop to attract more viewers and eventually become popular as funding and interest increase. #BONKBURNmas #COSSocialFiRevolution @Contentos-COS $COS $BONK
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How ChannelVIP's Engagement and Revenue Model Reflects Web3 Values: The Significance of SocialFi in the Future of Content Creation By bringing together social media and decentralized finance (DeFi), a revolutionary new method is emerging in the ever-changing digital world: SocialFi, short for Social Finance. Content producers can monetise their work directly and communicate with their viewers in more meaningful and transparent ways with SocialFi, thanks to blockchain technology. The goal of this change is to shake up the content production and social media industries, which have long been controlled by large platforms and have left artists with little say over their work and earnings. As a platform that allows creators to control their digital assets and content directly, SocialFi gives creators authority. Instead than relying on middlemen that control content distribution and commercialization, creators may keep more of their revenues with this decentralized approach. ChannelVIP and other SocialFi platforms are leading the way in this change by adopting Web3 principles like transparency, community ownership, and decentralization. Creators and fans may have more meaningful interactions with ChannelVIP's engagement approach, which aims to transform casual viewers into engaged members of the community. Members with a token-based membership and NFTs have a vested interest in the creator's success, which helps to align incentives and encourages ongoing interaction. By empowering content producers with decentralized financial tools, NFTs, and tokens, ChannelVIP's income model embodies Web3 principles. To promote a more fair distribution of income in the creative economy, this direct monetization strategy is in line with the larger Web3 ideology, which supports user and creator ownership of digital spaces. With the growing popularity of SocialFi, platforms like as ChannelVIP have the potential to revolutionize the creative economy. #COSSocialFiRevolution @Contentos-COS $COS #SocialFi
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Dogecoin (DOGE) Eyes $0.50 Again: New Rally? Dogecoin is maintaining gains over $0.320 US Dollar barrier. DOGE is holding gains and wants more over $0.400. Like Bitcoin, DOGE pricing consolidated over $0.320. The price is at $0.3750 and the 100-hour SMA. DOGE/USD broke above a negative trend line with resistance around $0.3670 on the hourly chart. The price may rise if it breaks $0.400 and $0.4150 barrier. Dogecoin Price May Rise Dogecoin began stabilizing over $0.320 like Bitcoin and Ethereum. DOGE is climbing from a base over $0.350. Above $0.3550 and $0.3620 barrier levels. Price rose over the 23.6% Fib retracement of the falling trend from $0.4342 swing high to $0.3400 low. The DOGE/USD hourly chart also broke above a negative trend line with resistance around $0.3670. Dogecoin is at $0.3750 and the 100-hourly SMA. There's immediate upward resistance at $0.3720. The next big barrier is $0.3880, the 50% Fib retracement level of the decline from $0.4342 swing high to $0.3400 low. A closing above $0.3880 might push pricing above $0.400. More advances might push the price toward $0.4200. Bulls may target $0.500 next. Are DOGE Dips Limited? If DOGE fails to rise over $0.3720, it may fall. Initial downside support is $0.3650. Near $0.3500 is the next important support. The major support is $0.320. If the price breaks $0.320, it might fall further. In this situation, the price may fall to $0.300 or $0.2950 soon. Tech Indicators DOGE/USD hourly MACD is rising in the positive zone. Hourly RSI (Relative Strength Index): DOGE/USD is over 50. Key Support Levels: $0.3650, $0.3500. Key Resistance Levels: $0.3720, $0.3880. #DOGE #ElonMusk $DOGE
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