$MATIC is trying to get support on trendline. If it confirm | MarsNext on Binance Square

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$MATIC is trying to get support on trendline. If it confirms $1.20 is not so far, else we can see it around $0.65. What you think about #PolygonFuture .

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🔥🔥🔥 $XRP Surges: 4-Day Bullish Streak Sparks $4 Target Prediction XRP’s Path to $4 - As confidence in XRP builds, market experts are eyeing an exciting price trajectory. Crypto analyst TheWallstreet Bull recently shared on X that XRP could reach between $4 and $6 in the next bull run, assuming favorable conditions persist. This would represent gains of 657% to 1,036% from current levels, offering attractive potential for investors. Other analysts echo this sentiment; for instance, STEPH IS CRYPTO notes that XRP’s price historically surges with global liquidity boosts, as seen in 2017-2018 and again in 2020-2021. - With another liquidity surge anticipated in 2024-2025, STEPH suggests XRP may follow a similar upward pattern. AIM Buster added a technical perspective, highlighting XRP’s consolidation within a symmetrical triangle pattern. He noted that a breakout from this structure could lead to a significant price jump, aligning with the $4-$6 targets if bullish conditions hold. Short-Term Dynamics and Market Challenges - Despite the positive outlook, XRP’s near-term performance shows a more gradual recovery, slightly trailing #Bitcoin’s momentum. The current #ADX value of 16.41 signals relatively weak trend strength, with key resistance levels ahead. To trigger a stronger rally, XRP would first need to break above $0.5629, a key Fibonacci retracement level. Clearing this mark could reverse recent losses and invite further buying interest. - XRP faces key resistance levels at $0.6655, $0.7484, and $0.8549 before the psychological $1 mark. Breaking past $1 could trigger strong bullish momentum and set up an extended rally. - Supporting its current price are two key support zones: $0.5075, where buyers are likely to step in, and $0.4887, which could prevent deeper losses if tested. With these levels in place, XRP has a solid foundation as it eyes a potential breakout toward higher targets. #CryptoMarkets #BinanceSquareTrends #XRPRally

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🚀🚀🚀 $BTC Price Hits $100K in #Canada : What’s Driving the Surge? Bitcoin has surpassed C$100,000 for the first time, as reported by the Kraken exchange. This milestone comes as the Canadian dollar recently weakened against the U.S. dollar, following a 50-basis point rate cut by the Bank of Canada on October 23, bringing its value to 72 cents USD. Bitcoin's previous record in Canadian dollars, C$98,462, was set in March. While #bitcoin☀️ reached a new peak of $72,692 on Bitstamp today, it has yet to hit an all-time high in U.S. dollars, remaining 1.5% below its previous peak. The #cryptocurrency’s record high of $73,737 was reached earlier this year amid excitement surrounding the launch of Bitcoin ETFs. #BitcoinTrends #BinanceSquareBTC

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🔥🔥🔥 #bitcoin☀️ Nears All-Time High as #Dogecoin‬⁩ #rockets 15% in Daily Surge Crypto Market Surges to $2.5 Trillion as Bitcoin Nears All-Time High - The #cryptocurrencymarket saw impressive growth in the last 24 hours, pushing its total market cap to $2.5 trillion. Gains were widespread, with Bitcoin ($BTC ) leading the charge as its price surged past $71,000, bringing it close to setting a new all-time high. Bitcoin Bulls Push for New Record - Bitcoin has rallied steadily over the past day, recording 12 consecutive green hourly candles. BTC is now trading above $71,000—a level not seen since June—driven by strong buying momentum as investors eye a new peak. - This surge comes just days before the U.S. Presidential election on November 5. While both candidates have shown some support for the crypto sector, Donald Trump has made bolder promises, such as proposing to eliminate taxes and add tariffs on U.S.-developed tokens. The election's outcome is expected to further influence the market. Dogecoin Leads Altcoin Gains - Altcoins are also showing strong performance today. Major tokens, including $ETH , $BNB , SOL, XRP, LINK, APT, TAO, and ICP, have seen gains between 1% and 5%. - Dogecoin, the top meme coin, stands out with a 15% surge, outperforming most of the market. Other meme coins, like PEPE and the cat-themed POPCAT, are also on the rise, gaining over 6% and 12%, respectively, in the past day. #CryptoMarketTrend

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💥💥💥 What Backs USDT? Tether CEO Breaks Down #stablecoin Reserves Tether Reveals Reserve Details Amid Allegations and Scrutiny - Tether’s CEO, #PaoloArdoino , recently disclosed the stablecoin issuer’s reserve assets, revealing that Tether holds $5.58 billion in Bitcoin (BTC), $3.87 billion in gold, and around $100 billion in U.S. Treasury bonds. Reserve Composition - Speaking at the PlanB event in Lugano, Switzerland, where a statue of Bitcoin creator Satoshi Nakamoto was unveiled, Ardoino shared that Tether’s reserves consist of 82,454 $BTC and 48.3 tons of gold. Uquid CEO Tran Hung later posted a slide from the presentation on social media, sparking online discussions. One commenter questioned if these assets adequately back USDT’s $120 billion market cap. Ardoino clarified that Tether’s reserves also include significant U.S. Treasury holdings, complementing its gold and Bitcoin assets. Allegations and Company Response - This announcement comes amid a Wall Street Journal (#WSJ ) report alleging that the U.S. Attorney’s Office in Manhattan is investigating Tether for potential money laundering violations. The report suggests authorities are probing whether Tether has been used to support illicit activities, potentially involving drug trafficking, terrorism financing, hacking, and support for sanctioned entities. - Tether has denied these claims. In response, Ardoino stated, “As we told the WSJ, there is no indication that Tether is under investigation. WSJ is regurgitating old noise. Full stop.” He emphasized Tether’s cooperation with law enforcement, noting that since 2014, the company has helped recover over $109 million linked to criminal activities. Ardoino described the WSJ’s allegations as “unequivocally false.” Ongoing Transparency Concerns - The WSJ report heightened scrutiny of Tether's transparency and reserves, with Consumers' Research criticizing Tether’s lack of a full audit & raising concerns over its international operations, possibly enabling sanctions evasion in regions like Venezuela and Russia.

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👉👉👉 Data Firm Analyzes #ShibaInu’s Roadmap to Hitting $0.01 Shiba Inu Faces Market Challenges but Holds Potential for Long-Term Gains - Shiba Inu ($SHIB ) has been navigating a tough market period, dropping 10% over the past week and 13% in the last month. Currently trading at $0.000018, some investors remain hopeful, with aspirations of a rally toward $0.01. - According to an analysis from CoinCodex, the possibility of SHIB reaching $1 or even $0.50 is slim under current conditions. However, the report emphasizes that while these targets may be unrealistic, Shiba Inu still has the potential for major price gains, citing its explosive 85,000,000% rally in 2021 as evidence of its growth potential. Supply Challenges Hindering SHIB’s Growth - The report also underscores the supply issue: with a circulating supply of 589 trillion tokens, achieving a price of $0.01 would bring Shiba Inu’s market cap to an astonishing $5.89 trillion. For context, this would exceed the current global crypto market cap of about $2.29 trillion and even surpass the valuations of giants like Apple and Microsoft, valued at $3.52 trillion and $3.18 trillion respectively. - To address this, CoinCodex suggests that significant token burns could help reduce SHIB's supply. The 2021 rally was aided by Ethereum co-founder #VitalikButerin , who burned 410 trillion SHIB tokens, contributing to the price surge. While a similar large-scale burn isn’t expected, it remains a viable strategy for boosting SHIB’s price potential. Future Price Projections - Taking market trends into account, CoinCodex projects that Shiba Inu could reach around $0.001978 by 2030—a remarkable 12,262% increase from its current level. While hitting $1 or $0.50 remains improbable without drastic supply reduction, these long-term gains suggest that SHIB’s growth story is far from over. #CryptoNewsCommunity #BinanceSquareTalks #ShibaInuPriceForecast

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