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#AUCTION/USDT ANALYSIS AUCTION is currently consolidating within a descending triangle pattern and facing rejection at the resistance trendline. It is testing the horizontal demand zone, attempting to break below it. Additionally, the 100MA is acting as a resistance barrier above the triangle. A decisive breakout above the resistance or a breakdown below the demand zone is needed to confirm AUCTION's next move. Itâs important to monitor the price action closely for a clear signal.
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Historically, Q4 tends to be extremely bullish for #Bitcoin in a halving year.
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#BTC/USDT ANALYSIS Bitcoin has broken out of its symmetrical triangle pattern with significant volume, and is now undergoing a retest above the triangle. The Ichimoku Cloud is providing support just above the triangle. A successful retest would confirm a bullish trend, potentially leading to further upward momentum. However, if the retest fails, the price may re-enter the pattern, indicating continued consolidation within the triangle.
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Trending News đïž Web3 Lawyer: How to Prevent Legal Risks When Issuing VCC Virtual Currency Credit Cards đïž SEC and Ripple to Fight it Out Again as the Regulatory Agency Files Notice of Appeal: Who Will Emerge Victorious? đïž Sam Altmanâs Bold AI Datacenter Vision: A Push for National Security and Technological Dominance đïž Kazakhstan Appoints The Former General Manager of Binance As The New Minister of Digital Development
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đ What happened in Crypto in the last 12h? đ âą Iran has fired a massive ballistic missile toward Israel, sparking fears that this could escalate into a Middle East war. Crypto and stock markets dropped in response. âą $XRP - Bitwise has filed an application to establish a trust to launch an XRP Spot ETF, but it's unclear whether it will be approved. âą Shigeru Ishiba, the newly elected Prime Minister of Japan, has announced that he will actively utilize blockchain and NFTs to revitalize the local economy. âą $IO $DEGEN - Coinbase has added io.net, Degen to its asset roadmap. âą $INJ - Injective announced that it is entering phase 1 of âINJ 3.0â, which aims to deflate $INJ. âą $FLOW - Ethereum NFT OG project Cryptokitties officially launches Telegram game called "ALL THE ZEN" The Telegram game has officially launched. Most Telegram games use the TON blockchain, but they use their own network, FLOW. âą $GNO - GnosisDAO has unveiled a new brand identity, Full Stack Decentralization, as part of its 3.0 roadmap.
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