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$SUI /USDT: Poised for a Breakout Trading Signal: Buy $SUI now at $4.8215! With a modest 0.58% increase, $SUI is gaining momentum, signaling a potential breakout. Position yourself early for a promising short-term rally. Current Range: #Sui has bounced back from a low of $4.4954 to a 24-hour high of $4.8874, supported by a robust trading volume of 84.09M SUI. Key Resistance: The price is nearing a critical resistance level at $4.88, and a breakout could propel it toward $5.00 and $5.15 targets. Support Levels: Immediate support at $4.80 offers an excellent entry point with limited downside risk. With increasing market attention on Layer 1 tokens, SUI is well-positioned for further upside. Act now to secure your position ahead of the next bullish leg! #DOJBTCAuction
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Ethereum $ETH is currently trading at $3,245, reflecting a 2.55% decline over the past 24 hours. The cryptocurrency recorded a 24-hour low of $3,159 and a high of $3,341. While the market sentiment remains bearish, a CoinGape analyst suggests ETH could still be on track to revisit its all-time high. This optimism comes after Fidelity deposited 103 million ETH into Coinbase, reigniting investor interest and fueling speculation about potential upward momentum. #CryptoManMab
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Bitcoin $BTC is currently trading at $93,433, after earlier reaching a daily low of $91,231. The leading cryptocurrency has declined by 1% as of this writing, with its market capitalization dropping below the $2 trillion threshold to $1.85 trillion. According to Coinglass data, the past 12 hours saw Bitcoin liquidations totaling $43 million, with $33 million wiped out from long positions and $9 million from short positions. #DOJBTCAuction #NFPCryptoImpact #CryptoManMab
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Bitcoin dipped to a low of $92,000 as bearish momentum and cautious investor sentiment persisted. Ethereum (ETH) experienced a 2.55% decline, while XRP saw a 3% drop as the market awaits key job data that could influence economic outlooks. The global cryptocurrency market cap fell by 1.68%, settling at $3.25 trillion, reflecting the broader downturn across the crypto sector. #USJoblessClaimsDrop #NFPCryptoImpact #CryptoManMab
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$SHIB Updates The burn rate for Shiba Inu SHIB has dropped sharply by 72% in the past 24 hours, sparking unease among investors. This decline coincides with a broader market selloff, which has seen SHIB's price dip by approximately 2% compared to the previous day. Despite the recent downturn, the SHIB community has successfully burned around 45 billion tokens throughout 2024, showcasing ongoing efforts to reduce supply and enhance long-term value. However, the current slowdown in burn activity could add pressure to SHIB’s price trajectory in the short term.
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