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Breaking This Resistance Could Cause XRP Price to Rise XRP is trying to break $0.4750 barrier. If price breaks $0.480 barrier, upward momentum may develop. XRP is currently battling to break $0.4800 barrier. The price is above $0.4750 and the 100-hour SMA. XRP/USD broke above a contracting triangle with resistance at $0.4735 on the hourly chart. Bullish momentum may result from a closure above $0.480 barrier. Another XRP Recovery XRP price has been holding over $0.4620 and began rising like Bitcoin and Ethereum. Bulls pushed the price over $0.470 into a short-term positive zone. XRP/USD broke above a contracting triangle with resistance at $0.4735 on the hourly chart. The pair broke the $0.4750 resistance zone and 100-hourly SMA. After hitting $0.4796, the price is consolidating losses. The price is challenging the 23.6% Fib retracement of the gain from $0.4694 swing low to $0.4796 high. It's above $0.4750 and the 100-hour SMA. The price faces upward resistance at $0.4790. Near $0.4800 is the first big resistance. Near $0.4825 is the major obstacle. A clean break above $0.4825 might push the market above $0.4880. Near $0.5050 is the next significant resistance. Close over $0.5050 barrier might push price toward $0.5250. More advances might push price toward $0.5320 barrier. XRP may fall again if it fails to break $0.480. Initial downside support is approaching $0.4745 and the 50% Fib retracement level of the bullish advance from $0.4694 swing low to $0.4796 high. The 100-hourly Simple Moving Average and $0.4730 provide next significant support. If the price breaks down and closes below $0.4730, it may fall further. The price might go below $0.4640 in the short term. #XRP #Ripple $XRP

Avalanche (AVAX) Price Rallies: Can It Break $30? AVX is rising over $28.65 resistance. A clean move over $30.00 resistance might boost Avalanche. AVAX is rising from $27.40 versus the US dollar. The price is above $28.65 and the 100-hour SMA. AVAX/USD broke over a significant descending channel with resistance around $28.40 on the hourly chart. Staying over $28.65 and $28.50 support might keep the pair upward. AVAX Price Rises After falling, Avalanche's AVAX found support around $25.00. The price rose like Bitcoin and Ethereum after forming a support base at $25.00. Near $28.50, the price rose over 8% and smashed multiple barriers. AVAX/USD broke over a significant descending channel with resistance around $28.40 on the hourly chart. The pair crossed $29.40 resistance to turn positive. AVAX is over $28.50 and the 100-hourly SMA. The upward rise from the $27.37 swing low to the $29.95 high is displaying good indicators above the 23.6% Fib retracement line. Resistance at $30.00 is imminent on the upside. Near $30.50 is the next significant resistance. If the price breaks $30.50, it might rise faster. In this situation, the price may climb slowly to $32.50 or $34.00. Avalanche Supports Dips? AVAX price may correct if it fails to get beyond $30.00 or $30.50. Near $29.35 is immediate downside support. The $28.65 zone and 50% Fib retracement level of the upward run from the $27.37 swing low to the $29.95 high are major support. A break below $28.65 might lead to a slide to $28.00 and the 100 SMA (4 hours). Near $27.40 is the next important support. Tech Indicators The AVAX/USD MACD is rising in the positive zone. Hourly RSI - AVAX/USD's RSI is over 50. Major Support Levels: $29.35, $28.65. Major Resistance Levels: $30.00, $30.50. #AVAX #CPIAlert $AVAX

Pepe Price to Rise? Support Level Absorbs $300 Million Overnight Pepe Coin (PEPE/USDT) is gaining notice after $300 million was absorbed at a key support level overnight. Investors expect a comeback after a drop. At $0.0000113, the coin's market cap is $4.7 billion. The Pepe price forecast suggests a market stabilization price rise due to technical signs indicating oversold conditions. VanEck's Mystery Post Boosts Pepe Coin Amid Market Volatility VanEck's curious frog meme on X (previously Twitter) showed a frog leading a board meeting with other animals, which boosted Pepe Coin's price. The message, labeled “Important topics were discussed at the board meeting,” fueled cryptocurrency speculation. However, social media chatter helped the currency recover and rise 11% in a week. Rapid Recovery: Pepe Coin rose 11% on social media excitement after a slump. Following its Ether ETF proposal, VanEck filed for a Solana ETF and became the first U.S. business to offer another cryptocurrency ETF. VanEck's entertaining article has improved morale in the Pepe meme community, signaling sustained interest and investment in the currency. A Pepe currency ETF seems doubtful. Pepe Price Prediction Popular memecoin Pepe (PEPE/USDT) is on the decline. Sunday's price was $0.0000113. Despite an almost 4.50% drop in 24 hours, the coin's market worth is $4.7 billion. While prices are falling, an upward trendline provides support about $0.00001085. This shows that the dip may be brief and a resurgence imminent. Technical signs are also hopeful. The coin's RSI is 40, indicating oversold, which frequently predicts a price gain. However, the 50-day Exponential Moving Average (EMA) of $0.0000118 may limit short-term gains. These important levels are being watched for buying possibilities, with a stop-loss order below $0.0000104. Based on its technical view, Pepe may rebound soon if it breaks the 50-day EMA. #pepe #CPIAlert $PEPE

Forgot Exit: July Launch of Ethereum ETF Collapses The US Securities and Exchange Commission (SEC) threw back applicants' plans out of the blue, which disappointed investors and delayed the launch. Forgot Exit: July Launch of Ethereum ETF Collapses Market observers and experts had all but guaranteed a July debut, with some going so far as to propose a celebration trade on Independence Day, so the news came as a shock to many. Those who waved the white flag a little too soon were James Seyffart and Eric Balchunas, both of whom work for Bloomberg ETFs. After the SEC chose to halt the process, their projection of a launch on July 2nd fell through. The S-1 Form is like a company's plane ticket to becoming public. As a first stage in the lengthy registration procedure with the SEC, this document gives the regulator all the information they need to review the organization before the initial public offering of shares. Now, the whole timeline is in jeopardy due to this unforeseen detour. The approaching US vacation likely adds another degree of complexity, even though some people expect approval by July 8th. The lack of a defined timeline is quite unsettling for both issuers and investors. The SEC is no longer rushed to make a judgment as it was with previous 19b-4 forms; instead, it has an unlimited amount of time to consider the filing procedure. The SEC is therefore granted complete authority, allowing them to leisurely conduct a thorough evaluation and respond to requests for modifications. Even though SEC head Gary Gensler has already said that approvals would happen "sometime this summer," the market is still quite anxious about it. Even a summer debut could be ambitious in light of the current S-1 form debacle. #ETH #ETH_ETFs_Approval_Predictions $ETH

Will Bitcoin's Bull Run Soon Begin Again? Bitcoin miners have capitulated to levels similar to December 2022, according to a recent X post by CryptoQuant chief of research Julio Moreno. Following FTX's demise in December 2022, the preceding cycle likewise hit rock bottom around that time. A low point for the cryptocurrency sector was reached when the Sam Bankman-Fried-led exchange collapsed, leading to widespread fear and sell-offs. The massive selling pressure ultimately led to Bitcoin's precipitous price drop. A 7.6% drop in the Network True Hashrate was a hallmark of the Bitcoin miners' surrender at that moment. Network True Hashrate Drawdown is now at -7.6% as per Julio Moreno's article on X. Miners' difficulties to sustain operations in a tight financial position are reflected in the Network True Hashrate Drawdown measure, which analyzes the decline in computing power committed to Bitcoin mining. Several possible effects on the price of Bitcoin might result from the accompanying miner surrender and the drastic drop in the Network True Hashrate. Because of this, selling pressure on Bitcoin may rise if miners decide to unload their holdings, as has happened in recent weeks. The result may be a precipitous decline in the value of Bitcoin as a result of this. Historical market recoveries have been preceded by times of substantial miner surrender. In addition, the article notes that in December 2022, when the Network True Hashrate Drawdown was at its lowest point, the Bitcoin market hit cycle bottom. Based on this, it seems like Bitcoin could be ready for a price recovery shortly. #CPIAlert #BTC $BTC

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