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❗️ Liquidations in the crypto market. According to CoinGlass data , $282 million of long positions were liquidated in the last hour. Meanwhile, BTC fell below 68,500 📉 $BTC #BTC #bitcoin {spot}(BTCUSDT)

❗️ Liquidations in the crypto market.


According to CoinGlass data , $282 million of long positions were liquidated in the last hour.


Meanwhile, BTC fell below 68,500 📉

$BTC #BTC #bitcoin

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📣 Analyst Predicts Major XRP Surge if Bitcoin Breaks Key Moving Average A potential bullish signal for XRP could emerge if Bitcoin surpasses a key moving average, reminiscent of its 2021 performance.The analyst’s identification of a bullish divergence on the four-hour XRP chart prompted a cautious entry into a small long position.Bitcoin’s price movement above $1.97 is seen as pivotal for XRP, potentially signaling a path toward a new all-time high. According to a crypto analysis, if Bitcoin breaks above a crucial moving average, mirroring its 2021 performance, it might indicate the right time to aggressively accumulate XRP.  In a recent video, the crypto expert identifies a bullish divergence on the four-hour chart, prompting him to enter a small long position on XRP. While this setup does not guarantee a market bottom, it offers traders an opportunity to profit from short-term price movements. He emphasizes the need for additional confirmation to validate a major trend reversal. Key factors include a bullish divergence on the daily chart and a clear five-wave pattern in the price action. Without these confirmations, the analyst remains cautious about declaring the end of the current correction. For those looking at the short-term trading opportunity, the strategist outlines a detailed trade setup. He advises placing a stop loss at $0.478, representing a minimal risk of around 2.19%. The target for this trade is set at $0.5166, offering a potential gain of approximately 7%. This strategy aims to capture a possible A-B-C corrective wave before a final downward movement. Furthermore, the crypto analyst discusses the broader influence of Bitcoin’s price action on XRP’s trajectory. He notes that a breakout above the $1.97 high could signal a potential new all-time high for XRP. Examining the larger price structure, he identifies a five-wave move up followed by a zigzag-like corrective pattern, which may form a flag pattern akin to a previous correction phase. #XRP #Ripplte
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⭐️ Toncoin Set to Surge 40%: Analyst Predicts Major Price Breakout Toncoin surged to $7.78, a new high, driven by increased network activity and market demand.Analysts predict a 40% potential breakout for Toncoin, with a target price of $11 in sight.Toncoin’s growth is supported by a surge in daily active users, surpassing Ethereum. Analyst predictions are hinting at a significant potential surge for Toncoin, with expectations set on a 40% breakout in the near future. This optimism follows a recent price milestone where Toncoin briefly hit $7.78, showcasing its resilience despite initial declines shortly thereafter. Market observers attribute this surge to heightened network activity driven by increased daily active users. Notably, Toncoin has seen a surge in wallet creations, now totaling 8 million, pointing to growing investor interest and demand. This influx of users has been bolstered by Telegram’s expansive user base of 900 million, significantly boosting Toncoin’s network activity and market liquidity. The surge in Toncoin’s price is also supported by recent macroeconomic factors, including data from the Consumer Price Index (CPI), which has positively influenced the broader cryptocurrency market sentiment. Despite initial bearish trends in the crypto market, Toncoin’s recovery has been notable, reflecting investor confidence amidst stable Federal Reserve interest rates. Technical analyses further bolster the bullish outlook for Toncoin, with various indicators suggesting a strong buy zone. Both the RSI and MACD levels indicate favorable conditions for continued price appreciation. Analysts like Ali Martinez have pointed out potential brief dips in price, expected to serve as liquidity-gathering opportunities before potential upward movements. #Toncoin is gearing up for a potential 40% breakout, aiming for $11! However, the TD Sequential indicator suggests $TON might briefly dip to $7.2 to gather liquidity before the upswing. — Ali #TON
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🤔 Cardano (ADA) Skyrockets 29% in Volume Amid Crypto Bloodbath In the last 24 hours, Cardano (ADA) saw a massive 29% increase in its futures trading volume, reaching over half a billion dollars, as reported by CoinGlass. This increase reveals a strong shift toward ADA perpetual futures trading, which has outpaced the spot market. According to CoinMarketCap, Cardano spot trading volume on exchanges totaled $466 million, bringing the total trading volume to nearly $1 billion. The trend toward futures trading suggests the more speculative nature of trading over long-term investment. The modest change in spot market activity supports this trend, indicating that traders were more focused on futures trading for potential short-term gains. While traders were actively trading ADA futures, the crypto market was in a real storm. In the past 24 hours, positions worth almost a quarter of a billion dollars were liquidated. According to CoinGlass data, it was the bulls, who were mostly "undermined" by market movements during this period, with 66% of liquidations taking place on long positions As always, Bitcoin and Ethereum became leaders in eliminating the deposits of especially greedy traders. As for Cardano, ADA, to a lesser extent, became an instrument with a large volume of liquidations. However, according to the data, of the $400,000 in liquidated positions, $350,000, or 87.5%, went to bulls. The increase in ADA derivatives trading volume amid general market chaos highlights its role in speculative trading strategies. While the overall crypto market faced challenges, Cardano futures' market activity surged, highlighting the continued interest in ADA during periods of uncertainty. $ADA #ADA #Cardano
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🐋 Dogecoin (DOGE) Price Could Witness a Rally as Whales Accumulate   Dogecoin (DOGE) is looking to recover some of the losses the investors witnessed over the last few days. The whales could likely be driving the rally owing to their accumulation, motivating retail investors to do the same. 🔸 Dogecoin Whales Are a Step Ahead Dogecoin’s price could likely witness the impact of whale investors’ recent move. The addresses holding between 10 million and 100 million DOGE have added a little over 900 million DOGE in the span of a week. This $129 million worth of supply has brought up their supply to 18.09 billion DOGE. Given right after their accumulation, the price dropped down this week, there are two likely outcomes. Either the whales are preempting the rally, or they are facing losses. This is clarified by the Market Value to Realized Value (MVRV) ratio, which actually favors the whales. The MVRV ratio measures investor gains and losses. Dogecoin’s 30-day MVRV of -7.4% indicates profitability, potentially leading to accumulation. Historically, DOGE tends to recover as MVRV between -5% and -13% often precedes rallies. This results in this area being identified as an accumulation opportunity zone. 🔸 DOGE Price Prediction: Recovery Ahead Dogecoin’s price could likely begin recovering in the coming days, provided it can secure $0.15 as a support floor again. The meme coin fell through this level this week after also failing to close above $0.16. Should DOGE successfully close above $0.15, it could witness a jump to $0.17 on the back of whale accumulation. As a result, the losses observed since the end of May will be recovered. However, if Dogecoin’s price fails to reclaim $0.15 as a support level and instead drops to $0.14, the bullish thesis would be invalidated. Consequently, the meme coin could drop to $0.12. $DOGE #DOGE #Dogecoin
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🔺 BREAKING ! Xai Vanguard is going to explode the gaming world and become the top game in the Blockchain world !! $XAI was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology. 🔸 Vanguard, currently a dedicated channel in the Xai Discord community, holds the promise of transforming into a gaming league – aptly named Vanguard – in the foreseeable future. Those with the Vanguard role and those accessing its designated channel position themselves favorably to join the League upon its anticipated launch shortly after the deployment of Final Form to the Xai mainnet. 🔸 In the forthcoming era, all gamers will seamlessly engage with blockchain technology within their gaming experiences, yet they are unlikely to be consciously aware of its integration, including the use of technologies like NFTs. The 2021 cycle of blockchain games has illuminated the immense potential inherent in this technology. However, it has also underscored the substantial challenge presented by the adoption barrier that hinders many individuals from creating and managing their first crypto-wallets. To earnestly facilitate widespread adoption, the industry must undertake substantial initiatives to relegate wallet management and blockchain. 🔸 The XAI token will serve a dual purpose on the Xai blockchain. Firstly, it will function as the designated gas token, facilitating transactions within the network. Additionally, Xai tokens will be rewarded to validator nodes for their role in validating transactions. Moreover, the Xai token will act as the primary token within the gaming ecosystem, being accepted as payment for games. #XaiVanguardGenesis #XAI @XAI_GAMES
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