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XRP Price Analysis:
Hey everyone!
Just wanted to share some updates on XRP's price action. Unfortunately, it hasn't been able to sustain above $0.80 and has been on a declining trend, forming a falling wedge pattern in the four-hour chart. Over the last two weeks, there was a notable 20% drop in its market value, bringing the XRP coin price below the $0.70 mark. Currently, there's a 5.79% drop in the last 24 hours, but it's interesting to see buyers absorbing some of the selling pressure at the support trendline.
Based on the Fibonacci retracement level, the XRP price seems to have found support around $0.65, where the 50% level and the 200 EMA intersect. However, there's a concern as the 50 EMA line's decline indicates a possible death cross. On a positive note, the RSI indicator displays positive divergence within the falling wedge pattern, raising hopes for a potential bullish reversal and an upside breakout.
In conclusion, if XRP manages to break above the resistance at $0.69 and experience a bullish breakout, we might see it reclaiming the $0.80 mark or even creating a new swing high above $1. However, in the bearish scenario, a breakdown below the 50% Fibonacci level at $0.65 could lead to further decline, with a potential test of support at $0.60, which coincides with the 61.80% Fibonacci level. Fingers crossed for some positive movement!
#XRP #CryptoUpdate #BullishBreakout #BearishTrend #Eshajee
Just wanted to share some updates on XRP's price action. Unfortunately, it hasn't been able to sustain above $0.80 and has been on a declining trend, forming a falling wedge pattern in the four-hour chart. Over the last two weeks, there was a notable 20% drop in its market value, bringing the XRP coin price below the $0.70 mark. Currently, there's a 5.79% drop in the last 24 hours, but it's interesting to see buyers absorbing some of the selling pressure at the support trendline.
Based on the Fibonacci retracement level, the XRP price seems to have found support around $0.65, where the 50% level and the 200 EMA intersect. However, there's a concern as the 50 EMA line's decline indicates a possible death cross. On a positive note, the RSI indicator displays positive divergence within the falling wedge pattern, raising hopes for a potential bullish reversal and an upside breakout.
In conclusion, if XRP manages to break above the resistance at $0.69 and experience a bullish breakout, we might see it reclaiming the $0.80 mark or even creating a new swing high above $1. However, in the bearish scenario, a breakdown below the 50% Fibonacci level at $0.65 could lead to further decline, with a potential test of support at $0.60, which coincides with the 61.80% Fibonacci level. Fingers crossed for some positive movement!
#XRP #CryptoUpdate #BullishBreakout #BearishTrend #Eshajee
Have you heard about the latest addition to Binance's feed features?
They've introduced an exciting new option that allows you to collect crypto boxes by answering questions in posts.
I'm curious, how many of you have already taken advantage of this opportunity and gained these crypto boxes?
Is it just a tempting attraction to engage you in the posts, or have you actually found value in them?
Please share your experiences in the comments below.
#Binance #Binancefeed #Eshajee
They've introduced an exciting new option that allows you to collect crypto boxes by answering questions in posts.
I'm curious, how many of you have already taken advantage of this opportunity and gained these crypto boxes?
Is it just a tempting attraction to engage you in the posts, or have you actually found value in them?
Please share your experiences in the comments below.
#Binance #Binancefeed #Eshajee
#XRP
The legal head of Ripple Labs, Stuart Alderoty, has expressed that any potential appeal from the Securities and Exchange Commission (SEC) regarding the recent landmark ruling in favor of Ripple is unlikely to undermine their victory.
Instead, he believes such an appeal could possibly strengthen Ripple's position even further.
The concerns surrounding the SEC's appeal were dismissed by Ripple's chief legal officer.
#SEC #Eshajee
The legal head of Ripple Labs, Stuart Alderoty, has expressed that any potential appeal from the Securities and Exchange Commission (SEC) regarding the recent landmark ruling in favor of Ripple is unlikely to undermine their victory.
Instead, he believes such an appeal could possibly strengthen Ripple's position even further.
The concerns surrounding the SEC's appeal were dismissed by Ripple's chief legal officer.
#SEC #Eshajee
"AI Chatbot Claude Attempts to Predict 2024 Prices for Top 40 Crypto Assets"
In an experiment conducted by.......,
an AI chatbot named Claude, developed by Anthropic, was tasked with predicting the prices of the top 40 cryptocurrencies by January 1, 2024.
Claude, which is capable of analyzing large amounts of data, was provided with the market capitalization, performance, and daily volumes of the cryptocurrencies.
The chatbot acknowledged the task and proceeded to provide its predictions. However, Claude also noted that predicting cryptocurrency prices accurately is extremely challenging and nearly impossible.
#Eshajee #BTC
claude's prediction for 40 cryptos as:
In an experiment conducted by.......,
an AI chatbot named Claude, developed by Anthropic, was tasked with predicting the prices of the top 40 cryptocurrencies by January 1, 2024.
Claude, which is capable of analyzing large amounts of data, was provided with the market capitalization, performance, and daily volumes of the cryptocurrencies.
The chatbot acknowledged the task and proceeded to provide its predictions. However, Claude also noted that predicting cryptocurrency prices accurately is extremely challenging and nearly impossible.
#Eshajee #BTC
claude's prediction for 40 cryptos as:
Elon Musk's latest tweet increases PEPE by 54%, and whales are buying trillions of PEPE.
Elon Musk, a billionaire known for his love of crypto-related memes, shared a humorous image of Pepe the Frog with his followers on Saturday. Pepe is the image of the recently launched popular meme coin PEPE. CoinMarketCap data shows that PEPE increased by 54.7% after Musk's post. Elon Musk's tweet was also cited by the official Pepe Twitter account, which added the comment "seize the memes of production $PEPE." Not just this cryptocurrency benefitted from Elon Musk's price rise last week. The Tesla CEO allegedly sent a meme to Milady Meme Coin (LADYS) on May 11. The recently released coin's price soared by up to 12,056% as a result of that tweet.
Informations are based on News.
#feedfeverchallenge #crypto2023 #Binance #Eshajee #BNB
Informations are based on News.
#feedfeverchallenge #crypto2023 #Binance #Eshajee #BNB
#XRP
In recent news, there have been significant developments regarding Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC). While the announcement initially caused a surge in XRP's price, there has been a subsequent retracement due to the realization that the battle is far from over.
District Judge Analisa Torres ruled that Ripple did not violate the law by selling its token on public exchanges. However, the judge also found that Ripple had violated federal securities laws by engaging in the unregistered sale of $728.9 million to sophisticated investors. This means that Ripple may still face legal challenges in the future, which has led to a mild decline in the value of the XRP token.
#Eshajee #SEC
In recent news, there have been significant developments regarding Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC). While the announcement initially caused a surge in XRP's price, there has been a subsequent retracement due to the realization that the battle is far from over.
District Judge Analisa Torres ruled that Ripple did not violate the law by selling its token on public exchanges. However, the judge also found that Ripple had violated federal securities laws by engaging in the unregistered sale of $728.9 million to sophisticated investors. This means that Ripple may still face legal challenges in the future, which has led to a mild decline in the value of the XRP token.
#Eshajee #SEC
Milady (meme coin) getting popularity among traders
The cutest meme coin ever, Milady, is rising to fame. Everybody is curious about this crpto. The significant cryptocurrency exchanges did not currently list this coin. However, investors' enthusiasm in this coin is driving up its price.
In response to a tweet by Elon Musk, the CEO of Tesla and SpaceX, who shared a meme showing NFT profile pictures (PFPs); The image says "There is no meme. I love you." (The coin's value increased by more than 3,000%.)
The tweet not only caused a burst of excitement and joy among Miladys NFT owners and other participant in the Web3 area, but it also caused the assets' prices to jump. The value of non-fungible tokens (NFTs) connected to the Milady coin has also increased significantly.
The milady coin's creators have also made it clear that a portion of the coin's earnings would fund programmes promoting gender equality and women's empowerment. In addition to this admirable cause have considerably increased investor interest in the cryptocurrency.
The current price of $0.000000086071.
I hope, you guys get the idea about why Milady is getting popularity among the traders. As Milady image says, " I love you"; in response to this, "We love you too". 😘❤😜
#feedfeverchallenge #Milady #memecoin #Eshajee #googleai
In response to a tweet by Elon Musk, the CEO of Tesla and SpaceX, who shared a meme showing NFT profile pictures (PFPs); The image says "There is no meme. I love you." (The coin's value increased by more than 3,000%.)
The tweet not only caused a burst of excitement and joy among Miladys NFT owners and other participant in the Web3 area, but it also caused the assets' prices to jump. The value of non-fungible tokens (NFTs) connected to the Milady coin has also increased significantly.
The milady coin's creators have also made it clear that a portion of the coin's earnings would fund programmes promoting gender equality and women's empowerment. In addition to this admirable cause have considerably increased investor interest in the cryptocurrency.
The current price of $0.000000086071.
I hope, you guys get the idea about why Milady is getting popularity among the traders. As Milady image says, " I love you"; in response to this, "We love you too". 😘❤😜
#feedfeverchallenge #Milady #memecoin #Eshajee #googleai
#BinanceDubai
Binance, a major cryptocurrency exchange, has achieved a significant milestone in its relationship with regulators in the United Arab Emirates. The company's Dubai-based subsidiary, Binance FZE, has been granted an operational minimum viable product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA). With this new license, Binance is officially authorized to offer cryptocurrency exchange and virtual asset broker-dealer services.
However, it's important to note that these services are currently limited to institutional and qualified retail investors in Dubai. Eligible investors in Dubai can now access authorized services such as crypto-to-fiat exchanges that comply with the guidelines set by the intergovernmental Financial Action Task Force (FATF).
#Binance #Eshajee
Binance, a major cryptocurrency exchange, has achieved a significant milestone in its relationship with regulators in the United Arab Emirates. The company's Dubai-based subsidiary, Binance FZE, has been granted an operational minimum viable product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA). With this new license, Binance is officially authorized to offer cryptocurrency exchange and virtual asset broker-dealer services.
However, it's important to note that these services are currently limited to institutional and qualified retail investors in Dubai. Eligible investors in Dubai can now access authorized services such as crypto-to-fiat exchanges that comply with the guidelines set by the intergovernmental Financial Action Task Force (FATF).
#Binance #Eshajee
Ripple (XRP) has great potential to grow up.
Hello everyone, this is my review on XRPUSDT. Feel free to check it out and leave comments.
Inside the ascending channel, the price moved up after breaking the $0.5070 level and bouncing off the support line.
Following this, Ripple started to fall, and a short while later it left its channel and slid under a support level.
Then the price dropped to the next support level, and Ripple entered a flat state.
Price tried to rise in flat but failed and dropped below $0.4400 level, to support line.
The price is currently trading close to the support line, and I believe Ripple can bounce to the resistance line.
In addition, the price may correct to the support line or not, break through the resistance, and continue to rise to the $0.4750 level.
#feedfeverchallenge #dyor #XRP #Eshajee #Binance
Inside the ascending channel, the price moved up after breaking the $0.5070 level and bouncing off the support line.
Following this, Ripple started to fall, and a short while later it left its channel and slid under a support level.
Then the price dropped to the next support level, and Ripple entered a flat state.
Price tried to rise in flat but failed and dropped below $0.4400 level, to support line.
The price is currently trading close to the support line, and I believe Ripple can bounce to the resistance line.
In addition, the price may correct to the support line or not, break through the resistance, and continue to rise to the $0.4750 level.
#feedfeverchallenge #dyor #XRP #Eshajee #Binance
🥀 Wishing All Muslims for A Happy Islamic Year 🥀
"Congratulations! The Islamic New Year has begun, marked by a great victory in the first month and the martyrdom of some great individuals.
It reminds us that life brings various challenges and moments, but we must always strive for truth and peace. As long as our faith remains strong, we can never be defeated.
Let us promise to understand each other, to love one another, and to spread the colors of hope together.
Wishing you prayers and good wishes for the New Islamic Year!"
#Eshajee
"Congratulations! The Islamic New Year has begun, marked by a great victory in the first month and the martyrdom of some great individuals.
It reminds us that life brings various challenges and moments, but we must always strive for truth and peace. As long as our faith remains strong, we can never be defeated.
Let us promise to understand each other, to love one another, and to spread the colors of hope together.
Wishing you prayers and good wishes for the New Islamic Year!"
#Eshajee
Metaverse V/S Reality:
Before entering the cryptosphere, did you know what the term "Metaverse" meant.
Have you ever imagined that this world only exists in video games and is an element of playing whether you're playing "PUBG" or "Minecraft"? This virtual space, where you can make contacts from all around the world, can sometimes become more lovely and captivating. A virtual universe is called Metaverse. This concept is a revolution in the online space.
Although the metaverse and reality are separate ideas, they can also interact and overlap. Here is a description of each:Reality is the physical reality in which we exist, containing all that can be perceived by our five senses. It includes all physically present things, people, places, and events that don't use technology. Our daily interactions and experiences are built on reality.
On the other side, the metaverse is a virtual or digital reality that interacts with the real world. Users can engage in real time with one other and digital objects in this collective virtual shared region. Immersive technologies like virtual reality (VR), augmented reality (AR), and mixed reality (MR) are frequently linked to the metaverse.
The metaverse can imitate some aspects of reality, but it also offers possibilities that are unrestricted by the constraints of the physical universe. In the metaverse, individuals can connect socially and occupy themselves in a variety of ways while also exploring virtual worlds and participating in virtual economies.
It's crucial to remember that the idea of the metaverse is still being developed, and there are various concepts and possibilities about what it could possibly develop into. While some believe it as a collection of interconnected digital platforms and experiences, others see it as a completely immersive and connected virtual environment.
In conclusion, reality is the physical world we live in, while the metaverse is a digital space that may coexist with reality and interact with it to provide unique opportunities.
#feedfeverchallenge #Metaverse #dyor #Eshajee #BTC
Have you ever imagined that this world only exists in video games and is an element of playing whether you're playing "PUBG" or "Minecraft"? This virtual space, where you can make contacts from all around the world, can sometimes become more lovely and captivating. A virtual universe is called Metaverse. This concept is a revolution in the online space.
Although the metaverse and reality are separate ideas, they can also interact and overlap. Here is a description of each:Reality is the physical reality in which we exist, containing all that can be perceived by our five senses. It includes all physically present things, people, places, and events that don't use technology. Our daily interactions and experiences are built on reality.
On the other side, the metaverse is a virtual or digital reality that interacts with the real world. Users can engage in real time with one other and digital objects in this collective virtual shared region. Immersive technologies like virtual reality (VR), augmented reality (AR), and mixed reality (MR) are frequently linked to the metaverse.
The metaverse can imitate some aspects of reality, but it also offers possibilities that are unrestricted by the constraints of the physical universe. In the metaverse, individuals can connect socially and occupy themselves in a variety of ways while also exploring virtual worlds and participating in virtual economies.
It's crucial to remember that the idea of the metaverse is still being developed, and there are various concepts and possibilities about what it could possibly develop into. While some believe it as a collection of interconnected digital platforms and experiences, others see it as a completely immersive and connected virtual environment.
In conclusion, reality is the physical world we live in, while the metaverse is a digital space that may coexist with reality and interact with it to provide unique opportunities.
#feedfeverchallenge #Metaverse #dyor #Eshajee #BTC
People love to read........... at Binance Feed
🛑 How to earn $10,000 from $10.
🛑 How to become Millionaire in few days.
🛑 If I gift you $5000.... What will you buy?
🛑 Free Signals
Instead of reading latest trends in blockchain, Role of Metaversein our lives, Factors behind pump or dump, education, NFTs,...
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#BinanceFEED #Eshajee
🛑 How to earn $10,000 from $10.
🛑 How to become Millionaire in few days.
🛑 If I gift you $5000.... What will you buy?
🛑 Free Signals
Instead of reading latest trends in blockchain, Role of Metaversein our lives, Factors behind pump or dump, education, NFTs,...
🤦🏻♀️
#BinanceFEED #Eshajee
Why "Do your own research" is prime key in trading?
Remember, the cryptocurrency market is highly speculative and can be influenced by various factors, including market sentiment, regulatory changes, and global events. While research can provide valuable insights, it is essential to combine it with risk management strategies, stay updated on market trends, and be prepared to adapt to changing market conditions.
Researching technical aspects such as price charts, historical data, trading volumes, and market indicators can provide insights into market trends and potential price movements. Technical analysis helps traders identify patterns, support and resistance levels, and entry/exit points for their trades. Relying solely on others' opinions or predictions without conducting your own analysis can be risky.
#dyor #feedfeverchallenge #Eshajee #Binance #crypto2023
Researching technical aspects such as price charts, historical data, trading volumes, and market indicators can provide insights into market trends and potential price movements. Technical analysis helps traders identify patterns, support and resistance levels, and entry/exit points for their trades. Relying solely on others' opinions or predictions without conducting your own analysis can be risky.
#dyor #feedfeverchallenge #Eshajee #Binance #crypto2023
Hello, everyone!
Staking allows you to earn anywhere from $10 to an unlimited amount. Both staking and farming are risk-free methods. Your assets are secure, and staking them can help you earn new cryptocurrencies.
At the moment, Binance's launchpad has ongoing staking opportunities for #CYBER and #SEI . As you might have noticed, the value of newly listed cryptocurrencies often skyrockets by up to 1000% shortly after listing.
This is a great chance for you to earn free rewards through staking, so don't miss out!
#Binancelaunchpad #Eshajee
Staking allows you to earn anywhere from $10 to an unlimited amount. Both staking and farming are risk-free methods. Your assets are secure, and staking them can help you earn new cryptocurrencies.
At the moment, Binance's launchpad has ongoing staking opportunities for #CYBER and #SEI . As you might have noticed, the value of newly listed cryptocurrencies often skyrockets by up to 1000% shortly after listing.
This is a great chance for you to earn free rewards through staking, so don't miss out!
#Binancelaunchpad #Eshajee
Greetings, everyone!
Crypto exchange just added 22 loanable and collateral assets on Flexible Loan and VIP Loan on August 4th. Notable additions include Shiba Inu (#SHIBAINU ), Compound (COMP), Enjin (ENJ), IOTA, and more.
They also hinted at potentially listing BONE on the exchange, a crucial token for applications on the layer 2 Shibarium ecosystem.
SHIB's upcoming Shibarium launch has fueled excitement, with a 5% increase in the past 24 hours and over 10% weekly gains.
BONE also saw a 25% increase due to listings on exchanges. Exciting times ahead! 🚀📈
#Eshajee
Crypto exchange just added 22 loanable and collateral assets on Flexible Loan and VIP Loan on August 4th. Notable additions include Shiba Inu (#SHIBAINU ), Compound (COMP), Enjin (ENJ), IOTA, and more.
They also hinted at potentially listing BONE on the exchange, a crucial token for applications on the layer 2 Shibarium ecosystem.
SHIB's upcoming Shibarium launch has fueled excitement, with a 5% increase in the past 24 hours and over 10% weekly gains.
BONE also saw a 25% increase due to listings on exchanges. Exciting times ahead! 🚀📈
#Eshajee
The Analyst whom I follow at Binance Feed.
As I previously mentioned, I am also new to trading, and I'm working to carve out a place for myself as a trader. I am therefore, studying trends, technical analysis, and the opinions of top analysts to help me learn how to trade.
On various platforms, I followed a lot of analysts, but at the Binance feed, I just followed three. One of them is Skyrex. I respect him for his technical analysis and straightforward presentation of his viewpoint. Additionally, he never asks for a swap on his providing lines. He simply predicts Bitcoin's upcoming move based on analysis. He mostly explains his analytical view in Elliott wave pattern that is most favourite of successful traders.
He always appreciates feedback, positive or negative both. I get help in trading by his analytical articles and others....
Overall he is great trader and good human in many aspects.
#feedfeverchallenge #dyor #Binancefeed #Eshajee #BTC
On various platforms, I followed a lot of analysts, but at the Binance feed, I just followed three. One of them is Skyrex. I respect him for his technical analysis and straightforward presentation of his viewpoint. Additionally, he never asks for a swap on his providing lines. He simply predicts Bitcoin's upcoming move based on analysis. He mostly explains his analytical view in Elliott wave pattern that is most favourite of successful traders.
He always appreciates feedback, positive or negative both. I get help in trading by his analytical articles and others....
Overall he is great trader and good human in many aspects.
#feedfeverchallenge #dyor #Binancefeed #Eshajee #BTC