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The price of Dogecoin (DOGE) surged 30% this week; may it retest the $0.30?
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POCM: DeFi Token distribution and staking mechanism redefinement with NULS during the Bull Market
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Why Did PEPE Revert? PEPE is tiring after a strong uptrend and entering a correcting phase, with traders guessing on what's next. As the coin retraces from recent highs, key support levels might determine its comeback potential. Will these crucial levels support a rebound or will PEPE fall further? PEPE's corrective price movement will be examined in this article. This article highlights key support and resistance levels to help investors and traders identify rebound zones and variables that may affect its recovery or further falls. Why Did PEPE Revert? PEPE's 4-hour chart has turned bearish, facing firm resistance around $0.00001152. The asset has fallen approaching the 100-day Simple Moving Average due to this upward difficulty. A loss below this SMA might increase selling pressure, while a recovery could indicate a price reversal. Bullish vigor may be diminishing, according to 4-hour RSI data. The RSI has dropped to 68% from the overbought zone, suggesting a decrease in purchasing pressure. If the RSI keeps falling, the market may become more oversold, triggering a deeper downturn. PEPE has a bearish candlestick on the daily chart. This negative trend indicates market selling pressure. The meme currency is trading above the 100-day SMA, a positive indication, but the bearish candlestick implies limited upward momentum. On the 1-day chart, the RSI signal line is approaching the important 50% mark after rising above it. The 50% threshold indicates a balance between buying and selling pressure. A drop below 50% may indicate pessimistic sentiment, while remaining above or rising beyond 50% may indicate bullish strength, leading to additional price rises. Where PEPE Could Stability PEPE might stabilize and reverse its slump at key support levels. A key support level is $0.000000766, which has traditionally been important. If PEPE's price hits this level, buying demand may return, causing a comeback. #PEPE #EthereumRally $PEPE #Memecoin
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Ethereum Sets $10,000 Goal, Expected to Outperform Bitcoin, According to Fund Managers
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Bitcoin ETFs Rise Record $1.38 Billion — Institutions Buy BTC Bitcoin reached $76,990 yesterday, one of its most bullish days ever. This milestone has boosted investor confidence and optimism for additional growth. Carl Runefelt data shows $1.38 billion in net daily inflows for Bitcoin ETFs, a record. Institutional buyers like BlackRock are purchasing Bitcoin for long-term growth, resulting in this record total. Bitcoin is poised for more gains as significant investors join the market after the recent technical breakthrough and fundamental change led by institutional confidence. New Bitcoin High Bitcoin has reached an unprecedented height, thrilling the crypto community. After Donald Trump won the U.S. election, this historic gathering occurred. Market sentiment shows that Trump's pro-crypto position may have boosted U.S. investors' trust in Bitcoin as a hedge against shifting economic policies. The latest positive turn among institutions followed a 7-month accumulation period that raised doubt on Bitcoin's ability to hit new highs this year. Market volatility and unpredictability made investors wary. Bitcoin's latest climb may signal a long bullish trend due to historic institutional support. The market finds fresh momentum when huge firms like BlackRock acquire ETFs. Analysts say Bitcoin's current price behavior may be the start of a broader bull run. BTC Rising: Strong Price Action Bitcoin is at $76,000 after hitting record highs. BTC is consolidating above its $73,800 record. Bulls need to maintain above this price zone to sustain Bitcoin's advance. Analysts monitor this level; if BTC can respect it, positive momentum may continue, encouraging additional increases. However, the current enthusiasm may lead to stabilization below $77,000, which some analysts consider a short-term local peak. Markets may take awhile to surpass this barrier as they digest recent gains and await new triggers for another breakthrough. #Trump47thPresident #MicrosoftBitcoinRejection #FedRateStrategy $BTC
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