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Crypto Zillion
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Bullish
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$BTC
is on the
verge
of closing September in the green, a
rare
occurrence with big implications. If history repeats itself, we could be in for an exciting ride through October and November.
#BinanceTurns7
#BinanceLaunchpoolCATI
#Debate2024
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$WIF recently attempted a breakout from a long-term descending trendline, reaching a high of $2.97. However, it faced resistance at this level, aligning with the 0.5 Fibonacci retracement, leading to a pullback. Currently, WIF is trading around $2.06, with potential support around $1.90, a critical area to watch for bounce potential.
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$JASMY has been in a consolidation phase, trading near a critical support level around $0.0170. This zone is essential as it may act as a launch point if a bullish reversal occurs. A descending trendline from prior highs indicates a potential breakout zone around $0.021 to $0.022, which would need strong buying pressure to cross. Breaching this level could push JASMY to $0.025
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$PEPE has been experiencing some volatility, fluctuating around the $0.0000083 level after rebounding from lower support. Recent chart patterns, like the formation of a symmetrical triangle and bullish pennant, suggest potential for a breakout if buying pressure continues. Key resistance lies around $0.000013, and a sustained break above could lead to a stronger rally. The trendline support has held well, creating a base for potential upward movement if PEPE clears these resistance levels.
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$BNB is trading within a range-bound pattern, hovering between $562 and $570. Recent price action shows an ascending trendline that has provided support at lower levels, and a breakout above $570 could indicate a further upward push toward $580 and beyond. However, the resistance around the $570 level remains a key hurdle to overcome in the short term.
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$RVN is currently trading around its 20-day MA, which acts as a dynamic resistance. A sustained move above the 50-day MA could suggest the beginning of a bullish phase.
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