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XRP’s Bullish Breakout Imminent? Analyst and Whale Activity Point to Potential Upside Currently trading around $2.43, Ripple (XRP) is up 3% this week, attracting attention from traders and analysts due to three bullish patterns on the 4-hour chart. Analyst Ali Martinez noted the importance of XRP testing the $2.25 support level. At the same time, Peter Brandt, who was previously critical, now sees positive signs on the weekly chart and believes a breakout is likely. While Brandt is cautious about price predictions, Martinez proposes a potential rise to $48 after a breakout, with a conservative target of $8. Additionally, whales have taken advantage of XRP’s recent decline, purchasing 100 million tokens valued over $200 million. This dip may offer a buying opportunity, with a target of $4.40 aligned with the bullish patterns #XRPGoal #BinanceLaunchpoolVANA #BinanceListsVelodrome #2024WithBinance #BinanceNextWave $XRP
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Dogecoin’s Bullish Momentum: Can It Reach $0.50? Dogecoin (DOGE) regained the $0.40 mark earlier this week and is currently trading at $0.41, reflecting a 3.6% increase over the past 14 days. This sharp increase is driven by new investors capitalizing on the recent Dogecoin price dip, coinciding with favorable reactions to a U.S. inflation report released on Wednesday. About 60,000 new Dogecoin wallets were created last week, raising the total to 6.86 million. This indicates increased trader interest during price dips, boosting short-term demand. Key resistance is $0.46; a breakout could push Dogecoin toward $0.50, a level not seen in previous gains. #BinanceLaunchpoolVANA #BitcoinKeyZone $DOGE #BinanceListsVelodrome #BinanceNextWave #2024WithBinance
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Algorand (ALGO) Price Analysis Algorand (ALGO) has been experiencing significant volatility since reaching an intraday high of $0.613 last Tuesday. The price plummeted after reaching that level and had dropped to $0.45 by Thursday. Despite the prevailing selling pressure, ALGO recovered on Friday, rising almost 11% to $0.499. The price moved past $0.50 on Saturday, rising to $0.509 despite considerable selling pressure. Sellers re-established control on Sunday as ALGO fell below $0.50 after a drop of just over 2% and settled at $0.498. Source: TradingView Bearish sentiment intensified on Monday as ALGO plummeted over 16%, falling to a low of $0.352 before settling at $0.417. The price dropped to an intraday low of $0.370 on Tuesday as sellers sought to retain control. However, ALGO recovered from this level to register an increase of 1.52% and settle at $0.423. ALGO continued to push higher on Wednesday and registered a rise of 7.04% to settle at $0.453. The current session sees ALGO up just over 3% and trading at $0.467 as buyers look to build momentum and retest the $0.50 level. #USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K #2024WithBinance #BinanceNextWave $ALGO
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Chainlink (LINK) Price Analysis Chainlink (LINK) started the previous week with a staggering increase of over 33.16% as it surged past $20 and settled at $25.22. However, buyers lost momentum after reaching this level as LINK registered a drop of 4.35% on Tuesday and settled at $24.12. Buyers attempted a recovery on Wednesday as LINK reached an intraday high of $26.52. However, it fell back after reaching this level and registered a marginal drop to settle at $24.10. Sellers retained control on Tuesday as LINK fell almost 4% to $23.12. However, it recovered on Friday, surging nearly 12% to go above $25 and settle at $25.88. Source: TradingView LINK had a mixed weekend as it registered a drop of over 4% on Saturday and rose by 5.23% on Sunday to settle at $26.10. However, sentiment changed dramatically on Monday as LINK plummeted from an intraday high of $27.36 to an intraday low of $19.78. LINK ultimately settled at $22.31 after registering a drop of 14.53%. LINK experienced significant volatility on Tuesday as buyers and sellers struggled to establish control. Sellers ultimately gained the upper hand as LINK registered a marginal drop to settle at $22.13. LINK recovered on Wednesday as it rebounded from an intraday low of $21.16, registering an increase of 8.16% and settling at $24.06. Bullish sentiment has intensified significantly during the current session, with LINK up a staggering 21% as it looks to go above $30. #USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K #2024WithBinance #BinanceNextWave $LINK
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Uniswap (UNI) Price Analysis Uniswap (UNI) faced a substantial drop last week, falling from an intraday high of $17.24 on Thursday to $14.38 before settling at $15.04. The price recovered on Friday as it surged almost 17% to go above $17 and settle at $17.58. Buyers retained control over the weekend as UNI registered an increase of 2.43% on Saturday and 3.30% on Sunday to settle at $18.61. However, sentiment changed abruptly on Monday as UNI fell sharply, registering a drop of almost 14%, falling to an intraday low of $13.99 before recovering to climb above support levels and settle at $16.05. Sellers retained control on Tuesday as UNI dropped over 5% to $15.24. Sellers had driven the price to a low of $14.04. #USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K $UNI However, it recovered on Wednesday, rising over 12% and settling at $17.15. The current session sees UNI up almost 8% as it looks to move past the resistance at $19.
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