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As Bullish Momentum Wanes, Can BNB Price Overcome Hurdles? A recovery wave began with $550 support for BNB. In consolidation, the price faces $585 and $592 obstacles. From the $550 support zone, BNB price rose. The price is above $575 and the 100-hourly SMA. The hourly BNB/USD chart shows a short-term ascending channel with support at $578. The pair may gain momentum if it closes over $585 barrier. BNB Price Rises BNB price, like Ethereum and Bitcoin, has steadily declined from $592 barrier in recent days. Under $575 and $560 support, prices fell. Finally, bulls arrived near $550. After a low of $550.8, the price began recovering. Above $565 and $575 resistance levels. The price broke the 61.8% Fib retracement barrier of the $593 swing high to $550 low decline. The hourly BNB/USD chart shows a short-term ascending channel with support at $578. The price is above $575 and the 100-hourly SMA. Resistance is approaching $583, the 76.4% Fib retracement level of the decline from the $593 swing high to the $550 low. Around $585 is the next resistance. A decisive break over $585 might boost prices. In this situation, BNB may reach $592. Close over $592 resistance might lead to a further move above $620 barrier. Any more advances may challenge $632 in the coming days. Another Fall? BNB may fall again if it fails to break $585 resistance. The channel's trend line and $578 provide first downward support. Near $572 is the next important support. The major funding is $565. If the price breaks below $565, it might fall below $550. More losses might cause a drop to $532. Tech Indicators Hourly MACD - BNB/USD MACD is falling in the positive zone. Hourly RSI (Relative Strength Index): BNB/USD is over 50. Major Support Levels: $572, $565. Major resistance levels: $585, $592. #BNB #Binance #CryptoPCEWatch $BNB

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Dogecoin Hits 100-Day Low: Is Another Meme Coin Taking Over? Dogecoin has recovered 5% in 24 hours to $0.1235 as it recovers from yesterday night's 100-day low. After a rough few weeks for the market, the meme token is up 2% in a week, down 12% in two weeks, and down 27% in a month. Although less amazing than Bitcoin, Solana, and Toncoin's 12-month growth, DOGE's 83% rise in the last year remains. WienerAI, a meme token, attracted investors to its $6.4 million presale, suggesting traders may choose fresher tokens for faster returns. DOGE has recovered from its 100-day low from yesterday night, and its momentum may endure many days. Its 30-day moving average (orange) is rising strongly and close to exceeding its 200-day average (blue), indicating a breakout. DOGE's relative strength indicator (purple) rose from 30 yesterday to over 70 today, signaling purchasing pressure. It's also encouraging that the coin's trading volume has increased from $330 million two days ago to $850 million today. After many weeks of decrease, traders can see that the coin's lower price has attracted buyers again. Some traders believe DOGE will replicate its late 2020 and early 2021 gains. The coin's indications imply this is conceivable, but investors should remember that each year and cycle has different fundamental and macroeconomic variables. In this situation, purchasers are still worried about Mt. Gox's creditors dumping $9 billion in BTC. Next month, Mt. Gox trustees will refund this amount of BTC, causing prices to drop. Dogecoin's price may not rise for weeks or months. However, with the currency highly oversold and central banks cutting rates later in the year, growth will come. In the next weeks, it may rebound to $0.15 before hitting $0.2 by Q4. #DOGE $DOGE

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Expectation of Pepe Price Rally Due to Massive $900M Inflow Meme coin prices have risen by an average of 7.45% today because to the PEPE price's significant rebound, which occurred amid indications of a market revival. As the market as a whole shows signs of improvement, PEPE has also seen a jump, increasing 10.64% in the last day to $0.000012. Bitcoin (BTC) and Ethereum (ETH), two prominent cryptocurrencies, have retraced their losses, whereas PEPE has registered an 8.38% weekly gain. An other indicator of a trend reversal is the 54.73% increase to $906.71M in PEPE's 24-hour trading volume. Is the PEPE Price Retesting Key Support Signaling the End of the Sell-Off? It seems like PEPE is preparing for further upside with the continued favorable price action. The 30-day moving average (yellow) of PEPE is heading in the right direction and is about to meet the 200-day moving average (blue). This may signal a change to an uptrend, since it shows significant short-term momentum. If the 30-day moving average successfully surpasses the 200-day moving average, it would confirm this change. Because short-term momentum is outperforming the broader downtrend, a crossing of this kind would pave the way for more higher. Technical analysis and PEPE price chart. Written by Binance. The fact that the PEPE price has managed to recover from the red $0.00001155 support level suggests a strong belief in the recovery and may indicate that the uptrend will continue, lending credence to my prediction. Furthermore, the relative strength index (RSI) (purple) for PEPE has increased from 30 to 70 in the last 24 hours, indicating that purchasing pressure has surpassed selling pressure. The fact that PEPE does not have any solid fundamentals means that it is subject to larger market fluctuations. Importantly, meme coins are becoming more popular with traders as they surpass other top cryptocurrencies in terms of performance. #PEPE $PEPE

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XRP is over $0.47 after $30 million in losses in the previous 10 days Over $30 million has been lost by Ripple holders losing XRP since June 15. In the same span, exchange XRP token supply dropped to 2.84 million. XRP struggles to break $0.48 on Tuesday. XRP struggles to maintain above $0.48 on Tuesday and seems set to prolong its current fall. Santiment data shows investors lost tokens in the last 10 days. Market capitulation occurs when traders sell their tokens at a loss and anticipate the asset's price to fall. Since its June 17 peak of $0.5213, XRP has fallen to $0.47 on Tuesday. Santiment data suggests Ripple traders sold XRP at a loss between June 15 and 25. Over $30 million in 10 days, the Network Realized Profit/Loss (NPL) measure displays negative spikes. Token distribution at a loss indicates market surrender. XRP exchange supply has decreased in the previous 10 days. 2.84 million XRP coins are on exchanges, down about 1%, indicating a decrease in selling pressure. Exchange supply drop and NPL vs. XRP pricing are shown in the Santiment chart below. Ripple The SEC's June 14 letter to Ripple, which included a $102.6 million securities violation punishment, has not been updated. Ripple won a partial victory in its long-running SEC fight when a California judge dismissed all class action lawsuits against the company save one against CEO Brad Garlinghouse. Technical analysis: XRP falls below $0.48 Since March 11, Ripple has lost approximately 35% of its value till June 25. Tuesday's XRP price is at $0.4750, and the cryptocurrency may fall to $0.4508, the June 7 low. At $0.4508, Ripple would have dropped 5%. XRP might fall another 7% to $0.4188, its April 13 low. The MACD indicator suggests bearishness. Ripple's price trend is negative, shown by red histogram bars below the neutral line. A daily candlestick close above $0.4955, the 23.6% Fibonacci retracement of the slide between the March 11 peak of $0.7440 and the April 13 low of $0.4188, might disprove the bearish thesis. #XRP $XRP

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Bitcoin 2024 Prepares for Trump Talk: July Crypto Community Buzz As the 2024 US presidential election approaches, former President Donald Trump is trying to win over bitcoin enthusiasts. Axios reported that Trump is considering speaking at Bitcoin 2024 in Nashville, Tennessee, on July 25–27. Bitcoin Magazine's 2024 Bitcoin event is expected to be the biggest BTC event of the year. Immediately after the Republican National Convention, it gives Trump a good opportunity to promote crypto. Trump's attendance at this event might convince hesitant voters by demonstrating his support for the crypto business. Trump's cryptocurrency outreach extends beyond bluster. He recently met with top US Bitcoin miners and advocated for expanded domestic mining of all remaining BTC. This matches his stated pledge to eliminate the Biden administration's Bitcoin hostility. Trump is committed to shaping the future of cryptocurrencies and Bitcoin in the US. Trump's pro-crypto rhetoric is noted. The Gemini crypto exchange founders, the Winklevoss twins, gave $2 million to his campaign. Trump had received $60,000 in on-chain crypto contributions before this large payment, bringing his total to almost $1.7 million. Off-chain exchange contributions should boost this amount. High-profile crypto personalities' financial backing shows the industry's expanding power and ability to influence the 2024 election. Trump strategically targets this group, which supports innovation and less regulation. Contrasting Cryptoregulation Methods The Biden administration's cryptocurrency regulation has been criticized by business leaders. Trump promotes financial innovation and deregulation, in contrast. He hopes to win over disillusioned people by promising to halt Biden's "war on crypto." American cryptocurrency voters have a clear option due to this policy gap. Blockchain technology may change the banking sector, thus Trump's support may appeal. #BTCFOMCWatch #MtGoxJulyRepayments #Trump $BTC

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