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#SOL Liquidado Longo: $ 132 mil a $ 132,28
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$BTC / USD Outlook Bitcoin Testing Psychological 60K Support After 4% Drop on Monday $BTC / $USDC Bitcoin experienced a significant 4% decline early on Monday during US trading, marking its largest single-day loss since April 30. This fresh downward momentum is challenging the psychological 60K support level, which is also close to the 76.4% Fibonacci retracement of the 56427 to 71929 rally. Extended daily indicators suggest that bears might encounter increased resistance as they approach the 60K pivot. Any upward movements are expected to remain below the base of the thick daily cloud at 64214, maintaining bearish pressure and potentially offering better selling opportunities. A sustained break below the 60K zone could pave the way for a test of the 200-day moving average (57331) and the crucial support level at 56427, which is the low from May 1. Resistance Levels:* 62349; 63235; 64214; 64815 Support Levels:* 60085; 60000; 58608; 57331
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The Best Cryptocurrencies to Buy in 2024: A Comprehensive Guide
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Bitcoin Crashes 4% – Will the Key 60K Support Hold or Trigger a Massive Sell-Off? $BTC Bitcoin's recent 4% drop marks a significant turning point in terms of market sentiment and technical indicators. The 60K support level stands out as both a psychological barrier and a crucial technical threshold. A break below this level could trigger a move towards stronger support levels such as the 200-day moving average and the May low. From a technical perspective, daily indicators are currently in oversold territory, suggesting the possibility of a short-term rebound or at least consolidation. However, any upward movements are expected to remain below the thick daily cloud at 64214, indicating that bears are still in control. In terms of market sentiment, Bitcoin's performance at the 60K level will significantly impact investor perceptions of future price movements. If this support level is broken, it is likely that panic selling will ensue, accelerating the decline. Conversely, holding above 60K could help restore confidence and potentially trigger a recovery wave. Overall, Bitcoin's struggle at the 60K level represents a decisive moment, with both technical and psychological factors coming into play. The market's response to this level will be a critical factor in determining the direction of the cryptocurrency in the coming weeks.
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Seven Altcoins Down Over 40% from All-Time Highs: Potential for Recovery with New Developments The seven altcoins mentioned in the article from FXStreet that are down over 40% from their all-time highs are: Binance Coin ( $BNB ) Cardano ( ADA ) Solana ( $SOL ) $XRP Dogecoin ( $DOGE ) Shiba Inu (SHIB) Internet Computer (ICP) These altcoins have experienced significant price drops but are anticipated to recover due to recent developments and the general positive sentiment in the cryptocurrency market (BeInCrypto) (Gfinity Esports).. The cryptocurrency market has seen significant volatility recently, causing many altcoins to drop over 40% from their all-time highs. Despite these losses, new technological advancements and strategic partnerships suggest a potential for recovery in several altcoins. Here’s a closer look at seven altcoins showing promise: #BinanceTournament Major Losses in the Altcoin Market The recent downturn in the cryptocurrency market has hit altcoins hard, with many experiencing substantial losses. While this has caused concern among investors, the market's history shows that recovery is possible. ## Factors Driving Potential Recovery Technological advancements, strategic partnerships, and expanding use cases are key factors contributing to the optimism surrounding these altcoins. Additionally, a general recovery trend in the broader cryptocurrency market indicates a potential rebound.
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Analysis of $PEPE Cryptocurrency The analysis predicts that the $PEPE cryptocurrency will reach a new all-time high by August 22, 2024. The chart anticipates a third wave of price increase, based on previous performance. The purple box on the chart represents a linear projection of this previous performance, suggesting this upcoming Third Pump wave. Key points include Linear Projections: Price and date predictions have been calculated using linear mathematics. Risk Reminder: It's crucial to remember that these projections are not investment advice, and making investment decisions based solely on them can be riskyks of such projections, investors can make more informed decisions, balancing optimism with prudent risk management. In the analysis, the $PEPE cryptocurrency is expected to reach a new all-time high by August 22, 2024. The chart predicts a third wave of price increase based on previous performance. Price and date forecasts have been calculated using linear mathematics. However, it's important to remember that these predictions are not investment advice and relying on them for investment decisions can be risky. #PEPE #Crypto #Trading #MarketAnalysis #Investment
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