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๐ฅ The number of #Bitcoin addresses holding more than 0.01 $BTC has reached a new all-time high of 12,54M
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๐จ TROY/USDT Analysis: Can the Bull Run Continue? ๐จ The TROY/USDT pair has shown an explosive rise, currently up 48.22% in the last 24 hours! With high volume driving the price action, letโs break down the key indicators and predict the next possible moves. ๐ Current Situation: Price: $0.004297 24-Hour High/Low: $0.004659 / $0.002895 Volume: High, indicating strong trading interest. ๐ Technical Indicators: Bollinger Bands: Price is above the upper band, suggesting an overbought condition. A pullback or consolidation phase could be likely here. Moving Averages: The 5-day and 10-day moving averages are rising, supporting upward momentum. MACD: The MACD line remains above the signal line, confirming bullish momentum. However, a narrowing histogram may indicate a possible slowdown. ๐ Potential Next Moves: Short-Term Outlook: Due to the overbought signals and potential MACD divergence, a short-term pullback or consolidation is likely. The price may dip toward the upper Bollinger Band or even closer to the recent low of $0.002895. Long-Term Outlook: The bullish trend remains intact, thanks to rising moving averages and positive MACD momentum. If buying pressure continues, TROY could break above current resistance levels and push higher. โ ๏ธ Important Considerations: Market Sentiment: While bullish now, sentiment can shift rapidly. Stay alert to news and events. Risk Management: Use stop-loss orders to manage potential risks. Diversification: Spread investments across different assets to limit risk. ๐ก Additional Insight: Launchpad Factor: TROY's listing on a launchpad can attract early buying interest, often boosting initial price movement. BINAN Chart: The chart features a BINAN logo, likely indicating the platform $TROY #cryptouniverseofficial #TetherAEDLaunch #OctoberCryptoFundingSurge
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๐จ Avalanche Alert: Critical Support Test After Channel Breakdown! ๐จ Avalanche ($AVAX ) has broken below its ascending channel on the daily chart, signaling a potential shift in momentum. Hereโs what to watch: ๐ซ Current Analysis: AVAX is approaching a key support zone at $19.80 ๐ Bulls need to defend this level to keep hopes alive for a bullish recovery ๐จโ๐ป Next Move? Keep a close eye on the $19.80 support zone! A strong hold here could be the foundation for a rebound, but failure to hold may lead to further downside pressure. Stay alertโAVAX is at a critical level! ๐ #cryptouniverseofficial #TetherAEDLaunch #OctoberCryptoFundingSurge #NovemberMarketAnalysis $AVAX
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๐จ Sui Update: Symmetrical Triangle Breakout in Sight! ๐จ Sui ($SUI ) is forming a symmetrical triangle pattern on the 12-hour chart, hinting at a potential big move ahead! Hereโs what to watch for: ๐จโ๐ป Current Analysis: SUI has strong support between the triangle bottom and the 100 MA, suggesting a possible bounce ๐บ A confirmed breakout above resistance could push prices to $1.97, $2.11, and $2.35 ๐ฏ Risk Management Tip Remember to set a tight stop-loss to manage risk effectively ๐โthis setup could move quickly! Stay tunedโSUI might be on the verge of a breakout! ๐ #Sui #cryptouniverseofficial #TetherAEDLaunch #EthereumWhitepaper #USElections2024Countdown $SUI
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๐จ Urgent Injective Update: Bullish Flag Formation Spotted! ๐จ Injective ($INJ) is showing a bullish flag formation on the weekly chartโa strong signal for a potential upward breakout! Hereโs what to know: ๐ Current Analysis: INJ is resting on a solid support zone, presenting ideal entry points for a long trade ๐ค A bounce from here could target significant levels at $22.00, $26.30, $33.00, and $45.00 ๐ฏ Next Move? Watch closely for a breakout confirmation! A move from this setup could bring substantial gains if it follows the bullish flag pattern. Stay readyโINJ might be gearing up for a powerful run! ๐ $INJ #cryptouniverseofficial #OctoberCryptoFundingSurge #EthereumWhitepaper #NovemberMarketAnalysis
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๐จ Urgent Fantom Update: Key Support Test in Ascending Channel! ๐จ Fantom ($FTM) is currently trading within an ascending channel on the daily chart, testing a crucial support level. Hereโs what to watch: ๐โโ๏ธ Current Analysis: FTM needs to hold above the $0.5530 support level to sustain its bullish momentum ๐บ A strong bounce from this level could drive the price towards the $1.03 resistance zone ๐ฏ Next Move? Keep a close eye ๐ on the $0.5530 level! A solid hold or bounce here could fuel a new wave of buying, pushing FTM higher within its channel. Stay alertโFTM could be on the move! ๐ $FTM #cryptouniverseofficial #TetherAEDLaunch #OctoberCryptoFundingSurge #EthereumWhitepaper
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