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#MANTRA #HomeForRWAs $OM
$ETH /USDT is trading at $2,643, up 2.04% in the past 24 hours, with a high of $2,687.24 and a low of $2,524.58. The 24h trading volume is 289,008.38 ETH, with 752.60M USDT involved. Technical indicators show the MA(7) at $2,654.10 and the MA(25) at $2,600.47, suggesting a potential continuation of the uptrend. Resistance is near $2,687.24, while support lies at $2,524.58. Keep a close watch as the market approaches critical levels.
Exploring DODOâs Features and Its Potential for Future Growth
1. Innovative Tools: DODO provides a range of advanced tools such as one-click token issuance, self-driven mining, and Pegged Pools, allowing users to create and manage digital assets effortlessly.
2. Riding the Meme Coin Wave: As meme coins gain popularity, DODOâs multi-chain one-click token creation and upcoming Meme platform are well-positioned to attract more users by tapping into this viral trend.
3. Boosting BTCFi and Meme Tokens: DODOâs features support the growth of BTCFi assets and meme coins. The streamlined token issuance simplifies meme coin creation, while self-initiated mining encourages liquidity and innovation.
4. Growth Potential: DODOâs smaller market cap, along with support from top-tier institutions, makes it a strong candidate for significant market growth, with the potential for substantial returns as it embraces new trends.
Discover how DODO is shaping the future of digital assets!
#DODOEmpowersMemeIssuance #BTCReboundsAfterFOMC #USRetailSalesRise #TrumpFirstBTCUse #FOMC
{spot}(ETHUSDT)
đ„đ„đ„ #XRPPrice Could Soon Surge: Can Bulls Fuel the Rally?
XRP Price Eyes Break Above $0.600, Needs Weekly Close for Further Gains
XRP is attempting to break above the $0.600 resistance, showing bullish signs. However, a weekly close above this level is crucial for a sustained surge.
- XRP is pushing toward the $0.6050 zone.
- It is trading above $0.5880 and the 100-hourly Simple Moving Average.
- A key bearish trend line was broken, with resistance at $0.590, signaling potential upside.
- Clearing resistance at $0.5950 and $0.600 could lead to further bullish momentum.
#BullishPotential for XRP
XRP has been well-supported above $0.5750, similar to #bitcoinâïž and Ethereum, and has cleared the $0.5800 and $0.5880 resistance zones. A key bearish trend line at $0.590 was broken, and the price approached the 50% Fib retracement level from the $0.6123 swing high to the $0.5784 low, reaching $0.5950.
Currently, XRP is trading above $0.5880, with resistance at $0.5950 and $0.600. A break above these levels could push the price to the next resistance at $0.6050 or the 76.4% Fib retracement of the downward move from $0.6123 to $0.5784. If the price clears $0.6050, it could climb toward $0.6120, and further gains might take it to $0.6280 or $0.6320.
Possible Rejection and Drop
If XRP fails to break above $0.600, it could face another decline. Initial support lies near $0.5880 and the 100-hourly Simple Moving Average, followed by the $0.5800 level. A downside break below $0.580 could lead to a drop toward the $0.5720 support, with the next major support around $0.5650.
Technical Indicators:
- Hourly MACD: Gaining momentum in the bullish zone.
- Hourly RSI: Above 50, indicating bullish strength.
- Key Support: $0.5880, $0.5720.
- Key Resistance: $0.5950, $0.6050.
Source - newsbtc.com
#BinanceSquareTrends #CryptoMarketTrend
DOGE, ONDO, AND AXL: READY FOR BREAKOUTS? BULLISH RUN ON THE HORIZONđČâŒïžâŒïžâŒïžâŒïž
The new week kicks off with the crypto market holding its bullish vibe. With many tokens like TAO, FET, and NEAR showing strong gains, eyes are now turning to three potential breakout stars, as highlighted by analysts.
1) Dogecoin (DOGE):
Currently trading at $0.1075, DOGE has climbed over 5% in the past week. If it manages to break out, analysts predicts a rally to $0.20. Keep this memecoin on your watchlist!
{spot}(DOGEUSDT)
2) Ondo (ONDO):
ONDO has surged 18% in the last week and is now at $0.7135. It's approaching the top of a falling wedge pattern, and a breakout could push it to $1.80.
{future}(ONDOUSDT)
3) Axelar (AXL):$AXL jumped 16.4% in the past week, currently trading at $0.5798. It's breaking out of a descending channel with a midterm target of $1.50.
{future}(AXLUSDT)
These tokens are inching closer to their breakout points, and traders are keeping a close eye on their moves.
Disclaimer: Always do your own research before making any investment decisions.
#doge⥠#AXLđ„đ„đ„ #ONDOâŹâ© #Saminakhan #Write2Earn!
**Canada Shifts Focus Away from Retail CBDC, But Keeps the Door Open**
Canada's central bank has announced a shift in focus away from developing a retail central bank digital currency (CBDC), after years of research. Instead, the Bank of Canada will concentrate on broader payments system research and policy development.
- Despite shelving the idea for now, the Bank remains prepared to revisit a digital Canadian dollar if public demand arises.
- The Bank will continue to monitor global CBDC developments and publish related research.
- Privacy concerns were a significant factor, with nearly 90,000 responses to a public consultation.
What are your thoughts on this shift? Should Canada pursue a digital dollar? đŹ Share your views in the comments!
Ethereum Foundation continues regular ETH sales as an Ethereum ICO participant deposits to Kraken after 2 years of inactivity.
An Ethereum ICO participant, who initially received 150,000 ETH at the Genesis block, has recently re-emerged after over two years of inactivity. The participant, whose ICO cost was just $46,500, saw their holdings swell to a staggering $389.7 million.Â
Recently, they moved 3,510 ETH, valued at $9.12 million, to the Kraken exchange,Â
#EthereumMemecoin #Crypto #CryptoNewsđđ„V #CryptoNewsDaddy
đ Avalanche (#AVAX ) Could Rise 50% If It Breaks $28 Resistance â Crypto Analyst
Avalanche has experienced an impressive 25% surge since Wednesday, driven by the Federal Reserveâs announcement of a 50 bps interest rate cut. This has pushed AVAX to a critical resistance level, which will likely shape its price action in the coming weeks. Currently trading near $28, the token is testing a key supply zone that has analysts and investors paying close attention to its next move.
Many market participants are optimistic, projecting that a break above this resistance could pave the way for an aggressive rise in AVAXâs price. This would likely push AVAX into a new uptrend, potentially leading to fresh highs and even a 50% surge for the token. However, if Avalanche fails to break through this level, it risks a pullback that could see prices retest previous support levels.
Analysts are highlighting this moment as crucial for determining AVAXâs market direction, as broader crypto sentiment has turned more bullish following the Federal Reserveâs recent decision. With increasing trading volume and investor interest, the next few days will be key in establishing whether Avalanche can sustain its momentum or face a short-term correction.
đž Avalanche Testing Key Supply Levels
Avalanche has been one of the top-performing altcoins in recent days, showing impressive strength amid a broader market surge. This recent momentum could be just the beginning of a more significant move for AVAX, as analysts and investors are projecting even larger gains if the token continues to break through key supply levels.
One of the most respected figures in the crypto space, Carl Runefelt, shared a bullish technical analysis of Avalanche on X, stating that AVAX has broken out of a falling wedge pattern, a classic indicator of bullish price action.
{spot}(AVAXUSDT)
Investors of Beast Token (BEAST), a Shibarium-based token, suffer huge losses after the team behind the token executed a rug pull.Â
Shibarmy Scam Alerts, a Shiba Inu community-driven scam alert channel, reported the incident over the weekend in a post titled âBeast Token Rug Pull on Shibarium.â Â
According to Shibarmy Scam Alerts, the team closed all communication channels on Telegram after draining investorsâ funds. At the time of the tweet, the channel noted that the team behind BEAST had not offered any compensation to affected victims. Notably, the community-driven channel provided a link to the tokenâs transaction activity on DEX Screener.Â
#shiba⥠#Crypto #CryptoNewsCommunity #CryptoNewsUSA #CryptoNewsđđ„V
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$DOGE
{spot}(DOGEUSDT)
Hey everyone, let's talk Dogecoin! Recently, I've noticed some serious momentum building up. Short-term charts are looking bullish, and I think we might see it hit resistance levels around $0.116 - $0.12. There's been some heavy buying around $0.104, which suggests some investors are accumulating. Overall, the market's feeling more optimistic about Bitcoin and altcoins, including Dogecoin - though we know Dogecoin's still tied closely to Bitcoin's performance. My take? There might be some short-term ups and downs, but long-term, I'm hopeful. Could Dogecoin test higher levels? Definitely possible.
#DOGECOIN #DOGE #Trading #Futures #DODOEmpowersMemeIssuance
đ **Bitcoin on the Rise!** đ
Bitcoin (BTC) enthusiasts, rejoice! The leading cryptocurrency has been on an upward trajectory, recently hitting a high of $64,500 before settling at $63,300. Analysts are buzzing with optimism, predicting BTC could test the $68,000 resistance soon and potentially soar to a new all-time high of $88,000-$90,000 by year-end. đ
This bullish sentiment follows the US Federal Reserve's decision to lower interest rates by 0.5%, making borrowing cheaper and sparking renewed interest in risk-on assets like BTC. Stay tuned, BTC loversâexciting times ahead! đ