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Coin : HBAR / USDT - SHORT SIGNAL 📉 Time Interval: 1h 🕗 Price : 0.1254 ------------- Based on the technical indicators for HBARUSDT on the 1-hour timeframe, I recommend to sell. The price is currently below both the SMA20 and EMA20, indicating a bearish trend. The RSI is also below 50, suggesting a potential further downward movement. 🟢 Take Profit: 0.1050 🔴 Stop Loss: 0.1350 It is important to closely monitor the price action and consider exiting the trade if the price breaks above the SMAs and EMAs. $HBAR #HBAR

Coin : HBAR / USDT - SHORT SIGNAL 📉

Time Interval: 1h 🕗

Price : 0.1254

-------------

Based on the technical indicators for HBARUSDT on the 1-hour timeframe, I recommend to sell. The price is currently below both the SMA20 and EMA20, indicating a bearish trend. The RSI is also below 50, suggesting a potential further downward movement.

🟢 Take Profit: 0.1050

🔴 Stop Loss: 0.1350

It is important to closely monitor the price action and consider exiting the trade if the price breaks above the SMAs and EMAs.

$HBAR #HBAR

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📣 Ripple vs SEC Final Judgement Soon : SEC Files Redacted Remedies Reply Brief The Securities and Exchange Commission (SEC) has submitted its redacted remedies reply brief along with supporting exhibits, setting the stage for a potentially landmark ruling. As the legal battle heats up, all eyes are on the impending final judgment that could reshape things for Ripple and similar entities in the cryptocurrency sector. 🔺 Ripple’s Legal Woes: A Closer Look The core of the SEC’s argument hinges on whether Ripple’s past actions are likely to recur. Citing previous court decisions, the SEC underscores the ongoing risk posed by Ripple’s business operations, which continue to involve unregistered sales of its XRP token. Since 2013, Ripple’s primary business has revolved around these sales, and the company has plans to issue a new unregistered crypto asset, which further complicates its legal standing. Ripple’s history of major unregistered dealings, including its Over-the-Counter (OTC) Institutional Sales up to 2020, has been clearly documented in court filings. Despite no new violations post-2020, the nature of Ripple’s activities makes future infractions a distinct possibility, warranting the need for an injunction to prevent recurrence. 🔺 Debating the Merits of an Injunction The SEC’s filing meticulously addresses Ripple’s counterarguments. Ripple claims it has not acted recklessly and cites the “widespread uncertainty” about the legal status of XRP as a defense. However, the court has previously dismissed this “fair notice” defense, and similar defenses have failed in other related cases against firms like Coinbase. Ripple also attempted to downplay its liability by highlighting its voluntary cooperation with the SEC since 2013. Nevertheless, the SEC argues that such cooperation does not negate the need for injunctive relief, as past behavior, including defiance of legal advice against selling XRP as an investment, indicates a pattern of disregard for regulatory compliance. $XRP #XRP #SEC
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📉 Bitcoin Price Dips Again, Is This A Fresh Bearish Signal? Bitcoin started a fresh downside correction and traded below $63,500.The price is trading below $63,350 and the 100 hourly Simple moving average.There was a break below a major bullish trend line with support at $63,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could extend losses and revisit the $60,000 support zone in the near term. 🔺 Bitcoin Price Rejects $65,500 Bitcoin price extended its increase above the $64,500 level. However, BTC struggled to clear the $65,500 resistance zone. A high was formed at $65,550 and the price is now correcting gains. There was a move below the $64,000 level. The price declined below the 23.6% Fib retracement level of the upward wave from the $56,380 swing low to the $65,550 high. Besides, there was a break below a major bullish trend line with support at $63,700 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $63,500 and the 100 hourly Simple moving average. Immediate resistance is near the $63,350 level. The first major resistance could be $64,000. The next key resistance could be $65,000. The main hurdle is now at $65,500. A clear move above the $65,500 resistance might send the price higher. The next resistance now sits at $66,650. If there is a close above the $66,650 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $68,000. 🔺 More Losses In BTC? If Bitcoin fails to climb above the $63,500 resistance zone, it could continue to move down. Immediate support on the downside is near the $62,000 level. The first major support is $61,000 or the 50% Fib retracement level of the upward wave from the $56,380 swing low to the $65,550 high. If there is a close below $61,000, the price could start to drop toward $60,000. Any more losses might send the price toward the $58,000 support zone in the near term. $BTC #BTC #Bitcoin
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📣 Dogecoin (DOGE) Founder Unveils Major Update: A New Chapter in DOGE’s Crypto Journey 🔸 Dogecoin’s creator, Billy Markus, reiterates his detachment from the meme cryptocurrency’s current trajectory, despite speculation of a “big announcement”. 🔸 Despite Markus’ disengagement, Dogecoin’s value has surged by 4.5% in recent days, sparking speculation about potential catalysts for its bullish momentum. 🔸 Theories range from Tesla’s rumored integration of Dogecoin as a payment option to the possibility of its adoption within Elon Musk’s ventures. Amid speculation of a “big announcement”, Dogecoin’s creator, Billy Markus, reaffirms his detachment from the project. Meanwhile, the meme cryptocurrency’s value surges, sparking theories about potential catalysts. 🔺 Dogecoin Creator Distances Himself from Project Billy Markus, also known as Shibetoshi Nakamoto, the enigmatic creator of Dogecoin, has once again distanced himself from the popular meme cryptocurrency. Despite swirling speculation on social media about an impending “big announcement” for DOGE, Markus swiftly doused any hopes, affirming his detachment...  🔺 Dogecoin (DOGE) Price Outlook Meanwhile, Dogecoin’s price has been on a notable upswing, injecting further intrigue into the speculative atmosphere surrounding the cryptocurrency. In a surprising turn of events, DOGE’s value surged by 4.5% in the past several days, reaching a peak of $0.16832. This surge marks a staggering 30% increase since last Thursday, catapulting Dogecoin from its recent low of $0.124. The implications of Dogecoin’s price surge are currently under scrutiny, with speculation abounding regarding potential catalysts for its bullish momentum. Theories range from Tesla’s rumored integration of Dogecoin as a payment option to the possibility of its adoption within Elon Musk’s ventures. $DOGE #DOGE
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