#Dego The price recently bounced off the descending support | CRYPTO_APE di Binance Square

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Bullish

#Dego  
Harga baru-baru ini memantul dari support turun di sekitar $1.74, menunjukkan minat beli di level ini🧐
Penembusan yang berhasil di atas resistensi turun dan MA 50 dapat mendorong harga menuju zona resistensi $2.62 dan $3.33🚀
$DEGO #DYOR  

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XRP Braces for Billions In Inflows As Ripple CEO Cites Opportunity in $159 Billion Stablecoin Market. Ripple CEO Tips Opportunity in Stablecoins In a recent interview with the Thinking Crypto Podcast, Garlinghouse stated that the company’s huge stablecoin usage contributed to the present decision. At one point, Ripple was responsible for minting 20% of USDC due to its high institutional flows. This led to the conclusion that there is a present market opportunity as the firm drives velocity and liquidity in the market. “… I kind of came to the conclusion that there is an opportunity here given that we are driving a lot of liquidity, and the fact frankly that we have a very strong balance sheet, we felt like there’s an opportunity for Ripple to play in this market. There’s lots of competition in crypto, this is for me more about growing the market.” Garlinghouse added that USDC will continue to soar while Tether will stay despite regulatory concerns in some jurisdictions. However, these regulatory roadblocks can lower the total market share of the asset with increased competition. On the part of RLUSD, he highlighted plans to become fully regulatory compliant and hopes the industry bags stablecoin regulation as early as next year. Furthermore, the company stressed regulatory compliance when rolling out yields for users. Ripple has been in the SEC’s legal net following a long-standing lawsuit alleging the firm offered unregistered securities. The absence of crypto regulations has created headwinds in the United States market, leading to developer migrations to jurisdictions that offer clarity on rules . Not Surprised By XRP ETF Applications The recent applications for XRP ETF by big institutional firms sparked positive sentiments from many quarters. Garlinghouse added that he was surprised by the timing but not the outcome. Since the launch of Bitcoin ETFs in January, the Ripple CEO and other crypto executives have hinted more fund applications to the SEC. $XRP #SCRSpotTradingOnBinance #DYOR

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#inj Injective has broken out of a falling wedge pattern with strong volume and successfully retested above the pattern, confirming the breakout🧐 A breakout above the $23 resistance could trigger another bullish trend📈 Watch for potential targets at $33, and $51🎯 $INJ #SCRSpotTradingOnBinance #DYOR

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#EGLD MultiversX is on the verge of breaking out from a falling wedge pattern on the 3-day chart🔍 A successful breakout could signal the start of a strong bullish run📈 If confirmed, watch for targets at $33.00, $38.50, $46.50, and $57.00🎯 $EGLD #SCRSpotTradingOnBinance #DYOR

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📈$TRX (1H) Analysis: The 1hr chart for #TRXUSDT is setting up nicely. There's some risk, but the reward potential is high. I'm eyeing an entry between $0.15687 and $0.15631 for a LONG, pending confirmation. Keep an eye on the movement, as timing here is key! Price Targets: First target is $0.15848, followed by $0.15934, then $0.16022. If we really take off, aim higher! Let's see how this plays out. $TRX #SCRSpotTradingOnBinance

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📈 $ROSE (1D) Analysis: The chart's bullish vibes are strong with support holding at $0.06727. A breakout is looming as bulls gather momentum. The descending resistance trend line suggests upward movement if breached. Price Targets: If the breakout happens, look for $0.085 as the next stop, with a moonshot to $0.120 possible. Stay tuned for that bullish action! $ROSE #BinanceLabsInvestsLombard #DYOR

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