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📈 Analysis and Prediction (XRP and LTC): 👍 XRP/USDT - On October 19, XRP broke the descending trend resistance line. At the time of the breakthrough, its age was 98 days. After the bullish breakthrough on November 13, the price bounced off the Fibonacci 0.618 correction resistance level. This led to the formation of a long upper wick and confirmed the $0.74 area as resistance. After the bounce, the #xrp price dropped. The daily RSI also gives mixed signals. Although the indicator is decreasing, it is still slightly above the 50 mark. Additionally, it is approaching the bullish divergence trend line that preceded the start of the overall upward phase. Thus, the further trend may depend on whether the RSI can rebound from the 50 level. A successful RSI rebound along with a Ripple rebound around the $0.60 support level could lead to a price increase and a breakthrough of the Fibonacci 0.618 resistance. Ultimately, the token could strengthen by 50% to the next resistance at $0.94. Despite the bullish forecast, XRP closing below the horizontal support area of $0.60 could lead to a 25% decline to the next nearest support level at $0.50. 🖖 LTC/USDT - The daily #ltc chart confirms the potential for a long-term breakthrough. There are several reasons for this. Firstly, the price broke the short-term descending resistance line and recovered above the horizontal area of $70, which previously acted as resistance. Secondly, the daily RSI formed hidden bullish divergence. Such divergence is a sign of trend continuation and confirms the bullish breakthrough. If Litecoin continues to rise, it may strengthen by another 30% and reach the Fibonacci 0.618 level at $0.93. Despite the bullish forecast, LTC closing below the horizontal support area of $70 could trigger a 17% drop to the nearest support level at $60. 🔄 Share your insights with others!

📈 Analysis and Prediction (XRP and LTC):

👍 XRP/USDT - On October 19, XRP broke the descending trend resistance line. At the time of the breakthrough, its age was 98 days. After the bullish breakthrough on November 13, the price bounced off the Fibonacci 0.618 correction resistance level. This led to the formation of a long upper wick and confirmed the $0.74 area as resistance. After the bounce, the #xrp price dropped. The daily RSI also gives mixed signals. Although the indicator is decreasing, it is still slightly above the 50 mark. Additionally, it is approaching the bullish divergence trend line that preceded the start of the overall upward phase. Thus, the further trend may depend on whether the RSI can rebound from the 50 level. A successful RSI rebound along with a Ripple rebound around the $0.60 support level could lead to a price increase and a breakthrough of the Fibonacci 0.618 resistance. Ultimately, the token could strengthen by 50% to the next resistance at $0.94. Despite the bullish forecast, XRP closing below the horizontal support area of $0.60 could lead to a 25% decline to the next nearest support level at $0.50.

🖖 LTC/USDT - The daily #ltc chart confirms the potential for a long-term breakthrough. There are several reasons for this. Firstly, the price broke the short-term descending resistance line and recovered above the horizontal area of $70, which previously acted as resistance. Secondly, the daily RSI formed hidden bullish divergence. Such divergence is a sign of trend continuation and confirms the bullish breakthrough. If Litecoin continues to rise, it may strengthen by another 30% and reach the Fibonacci 0.618 level at $0.93. Despite the bullish forecast, LTC closing below the horizontal support area of $70 could trigger a 17% drop to the nearest support level at $60.

🔄 Share your insights with others!

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🪙 Crypto News (Mar 27, 2024): 1️⃣ The Block: Three AI-focused blockchain projects — SingularityNet, Fetch.ai, and Ocean Protocol — have entered into an agreement to merge their tokens. According to company representatives, this merger will result in the formation of the "Artificial Superintelligence Alliance" with its native coin, Artificial Superintelligence (ASI). 🤝 2️⃣ Binance: Binance has joined the Global Travel Rule (GTR) organization. According to #FATF recommendations, financial institutions and VASPs must collect personal data of users transferring over $1,000 and transmit it to the #GTR organization. The disclosed data includes the sender's and receiver's name and address, as well as account information. 🌐 3️⃣ LSE: The London Stock Exchange will start accepting applications for trading cryptocurrency ETNs from April 8 and launch the platform on May 28. #ETN is a debt instrument that allows investment in bonds. Investments in such funds are riskier as the ETN portfolio consists not of real assets, but of obligations. 💼 4️⃣ Reuters: The #Worldcoin​ division in Portugal has been instructed by local authorities to cease the collection of personal data for 90 days. 🛑 5️⃣ Notcoin: The team behind the Web3 gaming project #Notcoin will halt coin mining starting from April 1. In their Telegram channel, they stated that a huge community has formed around the clicker since its launch. 🎮 👍 Subscribe to our channel to stay updated on all cryptocurrency news! Which news interested you the most? Leave a comment!
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📈 Prediction (INJ and WIF): 🖖 #INJ/USDT - At the time of writing, Injective is trading at $40.17, compared to $35.02 just 72 hours ago. This has once again given hope to investors who have finally recovered from a 32% correction seen since mid-March. According to data from the analytical platform IntoTheBlock, the majority of #INJ holders are currently at breakeven and are expecting further price growth. Forecast: For INJ holders to be confident in continued growth, the asset must successfully break through and hold above the $41 mark. Once this happens, the altcoin will have a chance to develop a strong enough momentum to return to its historical high. However, if the breakout attempt fails, the price of #Injective may fall back to the nearest support at $35. Losing this level would invalidate the bullish scenario and send the token back to $31. 🤫 #WIF/USDT - The new meme coin Dogwifhat is making PEPE holders nervous. The total market capitalization of #WIF has exceeded $3 billion and is ready to surpass PEPE. The market capitalization of the first coin was $3.17 billion at the time of writing, while the capitalization of the second one was $3.36 billion. If WIF does surpass PEPE, the "dog" will get the 3rd spot in the ranking of the most capitalized meme coins, pushing the "frog" aside. Forecast: The price of Dogwifhat is currently $3.18 and is declining after failing to reach a new all-time high of $3.24 over the past 24 hours. If the bullish momentum picks up and WIF manages to surpass PEPE, the growth could continue. In this case, WIF could reach $3.50 and aim higher. On the other hand, if the current correction does not stop, the meme coin could drop to $2.73. This support line coincides with the 50-day exponential moving average (EMA), and its loss would result in abandoning the bullish scenario, potentially sending WIF to $2.50. 📊 Share your review with others!
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🔐 Cybersecurity News (Mar 27, 2024): 1️⃣ Justice: The US Federal Prosecution accused cryptocurrency exchange #KuCoin and its two founders of money laundering worth $9 billion. According to authorities, platform founders Chun (Michael) Gan and Ke (Eric) Tang did not implement KYC/AML procedures from 2017 to 2023, despite serving over 30 million clients. Subsequently, identification and verification were not applied to existing users. 🔒 2️⃣ Cyvers Alerts: DeFi project #Curio fell victim to an attack, with experts at Cyvers Alerts estimating damages at $16 million. 🚨 3️⃣ Checkmarx: Hackers targeted GitHub users using fake Python infrastructure. Malware disguised itself as the popular package "colorama" and was spread among over 170,000 members of the Top.gg community through a compromised account. 🔒 4️⃣ Plum: An expert has uncovered a phishing scam, presumably targeting creditors of bankrupt crypto companies BlockFi and FTX. In just five days, losses from this ongoing fraud amounted to $7 million. Researcher #Plum found that victims receive emails purporting to be from restructuring teams with updates on legal proceedings. Users are offered the chance to withdraw digital assets by clicking a link to confirm ownership of their wallet. 🎣 5️⃣ Pacman: Gaming Web3 platform Munchables, built on Ethereum Layer 2 solution Blast, lost $97 million due to an exploit. The hacker returned the funds unconditionally. On March 26, the team announced the incident, stating they are tracking fund movements and attempting to halt transactions. 🔒 👉 Subscribe to our channel to stay updated on the latest news and security tips in the cryptocurrency world!
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📈 Analysis and Prediction (ETH and DOGE): 🤫 #ETH/USDT - The #ETH price has risen to $3642. The price dynamics have prompted an increase in network activity, but investor actions do not match optimistic expectations. The transfer of ETH from one address to another indicates that the current price is higher than the price of the last coin movement. This signals a possible profit-taking, which will accelerate sales among ETH holders. Forecast: The price of #Ethereum has recovered above the 50- and 100-day exponential moving averages (EMA). However, considering investors' inclination towards profit-taking, ETH may decline to support at $3336, which coincides with the 100-day EMA. If this support is lost, the next likely support will be at $3031, which coincides with the 23.6% Fibonacci retracement level from $4626 to $2539. On the other hand, ETH has already surpassed the 50% Fibonacci retracement level. The bearish scenario will be invalidated if the token continues to rise and turns the 61.8% Fibonacci line into support. This level is considered the foundation and support level of the bullish cycle and typically promotes a rally resumption. Having marked at $3830, ETH may continue to rise. 🤔 #DOGE/USDT - #DOGE holders seem extremely optimistic about the coin. This is evidenced, in particular, by the open interest indicator. This is the total number of outstanding contracts for various derivatives such as options and futures. The volume of contracts increased by 66% to $600 million, and the predominance of long positions hints at potential price growth. Forecast: If DOGE continues on this path and manages to turn the $0.182 resistance into support, it could initiate a rise to $0.20, which would be a two-year high. However, the divergence in price by daily active addresses (DAA) signals a sell-off. This metric compares changes in the price of an asset with the number of new addresses interacting with it, indicating potential mismatch between price dynamics and network activity. 📈 Please share your analysis of the provided text with others.
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