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#DOGESOL price has broken dynamic resistance and is now retesting! Potential rise to $0.2040 initially, then $0.2280! Key support at $0.1120-$0.1230. Keep Eye on Next Move! #ETHETFS #MemeWatch2024 #BinanceLaunchpool

#DOGESOL price has broken dynamic resistance and is now retesting!

Potential rise to $0.2040 initially, then $0.2280!

Key support at $0.1120-$0.1230. Keep Eye on Next Move!

#ETHETFS #MemeWatch2024 #BinanceLaunchpool

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1.5 Trillion Shiba Inu (SHIB) in 24 Hours: Comeback Mode? Shiba Inu has seen a massive 1.5 trillion SHIB tokens moving in large transactions within the last 24 hours. These whale-tier transactions occur amid the substantial volume surge we saw on the market in the last 48 hours. Shiba Inu might finally attempt to enter reversal mode. Notable movers in these transactions include major exchanges like Binance, Coinbase, Kraken, Gate.io and Robinhood. The volume of SHIB transactions ranged from 42.6 billion SHIB to 397 billion SHIB, valued in millions of dollars. Key movements. Binance Hot Wallet sent 357.4798 billion SHIB worth $7.82 million, indicating substantial movement likely related to exchange operations or large-scale trades. Coinbase Hot Wallet was involved in multiple transactions, receiving 808 billion SHIB worth $1.88 million. This suggests significant accumulation, potentially by retail investors or institutional players. Cumberland DRM executed several transfers, including sending 112 billion SHIB worth $2.67 million and receiving 105 billion SHIB worth $2.49 million. Robinhood processed a transfer of 208 billion SHIB worth $5.09 million, likely reflecting retail interest or platform-driven movements. These substantial movements, while impressive, do not necessarily guarantee immediate price spikes or drops. Shiba Inu's price. The SHIB/USDT daily chart shows SHIB is currently trading at approximately $0.00002398. The price is consolidating within a descending triangle pattern, which is typically a bearish continuation pattern. However, SHIB has recently tested the upper level of the formation. The price is getting squeezed between 50 and 100 EMAs, indicating a potentially upcoming surge of volatility. A break above the 50-day EMA at $0.000024 could signal a bullish reversal, while failing to break this level may lead to further consolidation or a decline.#ETHETFS #BinanceLaunchpool #BTC
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Shiba Inu (SHIB) Suddenly Gains 7% in Hour, Here's What's Happening. In a surprising turn of events, Shiba Inu (SHIB) experienced a significant 7% increase in value within a single hour, standing out in a broader crypto market rebound. This rise is particularly noteworthy as it occurred without the influence of major news or announcements over the weekend, pointing to technical factors as the primary catalyst. Technical analysis plays a pivotal role on the cryptocurrency market, where price movements can often be attributed to patterns, trends and indicators rather than fundamental news. In the case of SHIB, the 7% rise appears to be athe result of such technical factors. Traders and analysts alike have observed that SHIB's price bounced sharply off a key support level, a sign that the token was oversold in the very short term. SHIB's price has largely lulled since last week as traders eagerly awaited a decisive move. As seen on the hourly chart, Shiba Inu recorded three massive green hourly candlesticks after the price hit support at lows of $0.00002155. In the last hour, Shiba Inu posted a gigantic green candlestick, the largest in the recent four hours with the price reaching highs of $0.00002395. At the time of writing, SHIB was up 5.52% in the last 24 hours to $0.00002357. The overall crypto market is showing signs of recovery, with several major cryptocurrencies regaining lost ground. This rebound has created positive sentiment among investors, which may have contributed to SHIB's rapid price increase. The market's optimism, combined with SHIB's technical indicators, created a perfect storm for the token's value to surge. As SHIB continues to chart its course, traders are intently watching price movements for the next resistance levels amid speculation over how far SHIB can rise in the days ahead. This week, the United States will disclose significant CPI data for April, a macroeconomic event that may cause volatility on the cryptocurrency markets.$BTC #bitcoinhalving
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A recent tweet from Tesla and SpaceX CEO Elon Musk has sparked significant buzz within the Bitcoin (BTC), XRP, and Dogecoin (DOGE) communities. Known for his influential posts, Musk's latest message on X (formerly Twitter) discussed the Federal Reserve's monetary policies, drawing a parallel to the board game Monopoly. In his tweet, Musk likened the Fed's ability to print money to Monopoly's rule that prevents the bank from going bankrupt. This analogy highlighted ongoing concerns about the Federal Reserve's quantitative easing (QE) measures and their implications for inflation and currency value. Following Musk’s provocative post, responses varied across cryptocurrency communities. Financial analyst Michaël van de Poppe suggested that in light of potential QE reintroduction, assets like Bitcoin, silver, and gold could be prudent investments. Bitcoin enthusiasts saw Musk’s comments as an endorsement of the need for robust monetary policies and appreciated Bitcoin's attributes as a deflationary asset with a capped supply and predictable issuance. The phrase "Bitcoin fixes this" became a rallying call, emphasizing Bitcoin as a solution to inflationary pressures. Dogecoin responses included remarks from co-founder Billy Markus, aka "Shibetoshi Nakamoto," and notable community member "Sir Doge of the coin," who echoed the sentiment, "Dogecoin fixes this." Meanwhile, XRP influencer "XRP crypto wolf" advised followers to protect themselves with XRP and other cryptocurrencies, highlighting the broader sentiment in the crypto community about finding financial refuge in digital assets.#bitcoinhalving
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