Ripple's price is surging after months of decline. XRP/USDT has rallied from $0.43, breaking above $0.5 and the 200-day moving average. It's now nearing $0.59 resistance, with potential gains towards $0.72.
BTC paired XRP also shows promise, rebounding above 800 SAT but awaiting a breakout above the 200-day moving average near 900 SAT. A successful breakout could significantly boost XRP's value.
This could be a sign for the investment in long term 📈🤑
"Get ready to level up your gaming experience with Pixel Verse! This revolutionary platform combines cutting-edge technology with blockchain innovation, allowing players to earn and trade unique digital assets. Powered by the PIXFI token, Pixel Verse enables seamless transactions, decentralized governance, and unparalleled ownership. Immerse yourself in a vast universe of games, from action-packed adventures to strategic role-players. Join the Pixel Verse community today and discover a new dimension of gaming freedom. Earn PIXFI tokens, collect rare in-game items, and shape the future of gaming with us!"
Do you Know What are the Effects of "Unemployment claims " on Crypto Market? 🌐🤔 .. .. .. Here are some insights on how unemployment claims affect Crypto Market 🤯🌐
- If the number of unemployment claims is higher than expected, it can trigger concerns about economic slowdown or recession, which can lead to a decrease in stock prices and a increase in cryptocurrency prices. - Conversely, if the number of unemployment claims is lower than expected, it can suggest a robust economy, which can boost investor confidence and drive up stock prices, while decreasing cryptocurrency prices. - The Federal Reserve may consider more accommodative monetary policies, such as lowering interest rates or implementing quantitative easing, in response to a sharp increase in jobless claims, which can have a bullish effect on cryptocurrency prices. - Crypto investors appear to be unmoved by unemployment claims data, suggesting that they have already priced in the data into their investment decisions. - The impact of unemployment claims on cryptocurrency prices is generally short-term and minimal, as shown by the low trading volume and muted price reactions following the data release.