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koinmilyoner
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No more donuts were necessary for the final #bear #BTC
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👉Pepe Drops Below Rising Trendline Sunday's Pepe price breach below the rising trendline suggests a bearish move. On-chain data shows PEPE's active addresses falling, indicating lesser network demand. A daily candlestick above $0.0000124 would disprove bearishness. Pepe (PEPE) broke the rising trendline on Sunday, indicating a bearish break. A drop in PEPE active addresses on-chain suggests less network demand and a 20% price drop for the frog-themed meme currency. Pepe drops below rising trendline Sunday's Pepe price falls below the upward trendline. See the daily chart below for the trendline linking many swing low levels between mid-April and mid-June. Should this trendline hold as pullback resistance, it might fall 20% from the breakthrough to $0.0000903. This is the 61.8% Fibonacci retracement level from April 13's $0.0000393 swing low to May 27's $0.0000172 swing high. On the daily chart, the Relative Strength Index (RSI) and Awesome Oscillator (AO) are below their mean values of 50 and zero, supporting this bearish view. This predicts ongoing bear momentum, which might lower the frog-themed meme currency. PEPE might go below $0.0000903 and drop 35% to revisit its May 1 low of $0.0000592 if the crypto market outlook is bearish. On-chain data also predicts PEPE price decline. IntoTheBlock's In/Out of the Money Map (IOMAP) shows 3,040 addresses purchased 24.60 trillion PEPE tokens for $0.0000110. If the price increases to this level, many investors may sell to breakeven. Technical analysis shows that the $0.0000110 resistance level matches IOMAP results, making it a key reversal point. Continuing a downturn from May, PEPE's Daily Active Addresses have decreased 24% in the previous week. This reduction suggests PEPE's network is losing demand, which might collapse frog-theme-based meme currency. PEPE's daily candlestick price closing above $0.0000125, the June 16 high, would imply a market break. This would undermine the bearish argument and perhaps ignite a 22% rebound to $0.0000152 from the June 6 daily high. #PEPE $PEPE
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XRP's Bearish Trend: Understanding It XRP fought over $0.4880 resistance. The price is falling and bears may target $0.4550. Another rejection occurred at $0.4880 for XRP. The price is below $0.4850 and the 100-hour SMA. On the hourly XRP/USD chart, a negative trend line connects to $0.4810 resistance. If the pair closes below $0.4720, losses may continue. Losses Continue for XRP XRP tried to regain over $0.4820. Bears were busy near $0.4880 resistance. Like Bitcoin and Ethereum, the price peaked at $0.4884 and then fell. It fell below $0.4850 and $0.4800. Tests of $0.4720 support occurred. After a low of $0.4722, the price is consolidating losses. Under $0.4850 and the 100-hourly Simple Moving Average. If prices rise, they may encounter resistance at $0.4765 or the 23.6% Fib retracement level of the decline from the $0.4884 swing high to the $0.4722 low. The first big barrier is $0.4810–$0.4820. On the hourly XRP/USD chart, a negative trend line connects to resistance at $0.4810. The trend line is at the 50% Fib retracement level of the $0.4884 swing high to $0.4722 low decline. A clean break over $0.4820 might push the market above $0.4880. Near $0.50 is the next significant resistance. A closing above $0.50 resistance might boost prices. The next hurdle is $0.5120. More advances might push price toward $0.5250 barrier. More Losses? XRP may fall if it fails to break $0.4820. Initial downside support is $0.4720. The next significant support is $0.4650. If the price breaks down and closes below $0.4650, it may fall significantly. The price might go below $0.450 in the short term. Tech Indicators The hourly MACD for XRP/USD is moving bearishly. Relative Strength Index hourly XRP/USD RSI is below 50. Major Support Levels: $0.4720, $0.4650. Major resistance levels: $0.4820, $0.4880. #XRP #Ripple $XRP
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Short-term Dogecoin price goals Is $0.10 imminent? At press time, Dogecoin seemed about to break a key support line. Market sentiment was pessimistic according to on-chain measures. Dogecoin [DOGE] was trading around the bottom line of its horizontal channel, which it has trended in since 13 April. An asset's price consolidation inside a range creates a horizontal channel. The top channel line resists, while the bottom line supports. Bears erected resistance at $0.17, while bulls defended $0.10, providing long-term support for DOGE. DOGE might drop to new chart lows if bulls fail to defend this support level. This indicates a market overrun with sales. Several on-chain metrics suggested this. Since 31 March, memecoin sentiment has been mostly negative. This indicator represents market sentiment toward an asset. Its price falls when it delivers a negative value because the asset market is swamped with negative emotion. DOGE's weighted emotion was -0.17 at press time. If memecoin sentiment remains low, its price falls. This might lower its support level. General DOGE market demand also fell. Santiment reports a 13% decline in the average daily count of memecoin addresses that have completed at least one transaction in the previous 30 days. Over the last month, DOGE whales have steadily lowered their memecoin exposure to protect their assets. The daily count of DOGE's major transactions has dropped dramatically during the previous 30 days, according to IntoTheBlock. Over the previous month, DOGE transactions of $100,000–$1 million have dropped 46%. Over the same time, $1 million to $10 million deals fell 39.1%. DOGE Futures dealers persist. Futures traders have been positive about Dogecoin despite its dismal price performance. Your portfolio green? See DOGE Profit Calculator. Coinglass found that the coin's financing rate has been positive for two months, except for 18-19 June. In perpetual Futures contracts, funding rates keep the contract price close to the spot price. #DOGE $DOGE
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Ripple, Bitcoin, Ethereum: Bitcoin to retest critical levels BTC price is in a falling wedge, and a break over $64,600 is positive. ETH price is nearing $3,288, the 61.8% Fibonacci retracement level. XRP price confronts daily resistance at $0.500. Despite a downward trendline, Bitcoin (BTC) price may break out over $64,600. Ethereum (ETH) and Ripple (XRP) prices retraced to key support levels before rising. ⭐Bitcoin consolidating in a downside wedge As indicated in the daily chart below, bitcoin price is trading in a downward channel from various swing highs and lows between early June and mid-June. BTC may find support around $62,451, the 61.8% Fibonacci retracement level from a swing low of $56,552 on May 1 to a swing high of $71,995 on May 21. The $62,451 support and breaking above the declining channel might boost BTC 7.5% to $67,147, its prior resistance level. BTC may climb 6% from $67,147 to $71,280 if the cryptocurrency market is optimistic. If Bitcoin breaks and closes below its daily support level of $60,800, the bullish thesis may be undermined, causing a 4% collapse to $58,375, its weekly support level. ⭐Ethereum price may retest crucial support Ethereum's price is falling near $3,288, the 61.8% Fibonacci retracement line from a swing low of $2,862 on May 14 to a swing high of $3,977 on May 27. If this support holds, ETH might rise 13% to $3,717, its June 9 high. If ETH closes over $3,717, its June 9 high, it might rise 7% to $3,977, its prior resistance level. However, Ethereum's daily candlestick price closing below $3,288 would generate a lower low and disrupt the market structure. This would contradict the bullish argument, perhaps causing a 13% drop below $2,862 support. ⭐Ripple price to fall Ripple is now trading at $0.477 and finds daily resistance at $0.499. Ripple's price might gain 7% to $0.532, its June 5 high, if it breaks over $0.499. If the XRP daily candlestick finishes above $0.532, it might surge 9% to $0.581, a 50% price retracement level between $0.419 and $0.744 from March 11 to April 13. #BTC #ETH #XRP
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