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Shout out to the bridge_oracle community that the NULS-BRG trading pair is now available on NerveSwap Launch DApp
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Analyst: Solana ‘Must Break Descending Resistance’ To Regain Bullish Momentum Solana is trading above a significant demand level of $157, suggesting a comeback following a recent drop. Everyone is watching Solana try to restore positive momentum after this important level stayed solid despite market turmoil. This week will see more crypto market volatility due to the U.S. election and the Federal Reserve's interest rate announcement. A technical study by top analyst and investor Carl Runefelt suggests Solana needs break over a critical resistance level in the next days to resume its rise. Runefelt says this barrier has held the price back, and a breakthrough might boost SOL investors' excitement. Solana may fall more if it fails to break this important barrier. With these major macro developments, Solana's future movements will be widely watched, as breaching resistance might suggest a greater rise. Solana has excelled this cycle, holding above a key support level that previously functioned as resistance. As Solana fights to regain bullish momentum, this event might define its near-term destiny. After sharing views on X, renowned analyst Carl Runefelt said Solana faces a major test at a declining resistance level that has persistently restricted its advances. Runefelt's 2-hour SOL chart technical analysis shows resistance at $164. He believes a breakthrough over this level will boost Solana, signifying a positive price trend. This week's U.S. election and Federal Reserve interest rate decision might cause large price movements due to uncertainty and market manipulation. These macro factors might affect Solana's movement, making the resistance break even more important. If Solana breaks this level and finds support over $164, positive optimism might propel the cryptocurrency to new highs. Failure to do so might boost selling pressure and risk a pullback, particularly if market volatility rises. Traders and investors will keenly examine this significant mark in the coming days for Solana's future. #SOL $SOL #Solana
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With Donald Trump gaining ground in the polls, the price of bitcoin is expected to rise again
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NULS could rise 10x its current value in the next crypto bull run
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In a close race between Trump and Harris, cryptocurrency markets are preparing for turmoil
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DOGE Rises as Trump Gains US Election Momentum Dogecoin(DOGE), crypto traders' favorite memecoin, is up 11.01% in 24 hours as Donald Trump gains momentum in US presidential elections. DOGE's market value is above $24 billion and its 24-hour trading volume is $2.97 billion, up 45.43%. It's fascinating since major cryptocurrencies like BTC and ETH act differently. They are either down or up slightly. As Donald Trump gained momentum in the US Presidential elections, DOGE prices rose. His positions on immigration and tax reduction are helping him counter Kamala Harris' imprecise criticisms without giving a solution. Republicans voting in huge numbers early in the election also help Trump and DOGE. Elon Musk's insinuations and humorous endorsements, promising Department of Government Efficiency (D.O.G.E) if Trump wins, have helped Dogecoin. Dogecoin has moved dramatically in the previous 24 hours, as predicted. After starting at $0.15, it reached $0.1563, then dropped to $0.1512. The range seemed manageable, so investors remained. A reward of $0.167 is well-deserved if they stay longer. After November 5, 2024, investors may wait to observe if opinions change. DOGE's short-term outlook is bleak. In five days, the price is expected to decline to $0.14133 from $0.160401, a 13.12% monthly drop. Since the current phase is bullish with 69 FGI points, it makes sense. Compared to the 50-day and 200-day SMAs of $0.123836 and $0.128977, trade is mostly up. Current volatility is 15.03%, which is concerning. If the same pace persists, price change may be fast in the future. Dogecoin gained 1.65% in 7 days. Red deals occurred the last two days. Thus, the climb is notable, building on a 53.52% gain in 30 days. Dan Gambardello, a crypto enthusiast, noted that DOGE had a $350 million market worth on Election Day 2020. It appreciated above 20,000%. One of the few coins to rise organically without presale market makers, among other things, makes community members excited about this forecast. #NovemberMarketAnalysis #BTCMiningRevenue $BTC
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