📈Analysis: Trend in brief: Neutral price action. TRB price has turned down after moving to the $93.97 horizontal level but is still above the 200-day moving average. Moving average: 50-day moving average: $97.05 (downward sloping) 100-day moving average: $93.88 (downward sloping) 200-day moving average: $89.38 (upward sloping) Indicator: Relative Strength Index (RSI): 54.38 (neutral) Oscillation: 22.87 (neutral) MACD: The signal line crosses below the signal line, showing a downtrend.
🚨My analysis: We can wait for TRB to return to the $89-82 range to buy and wait for a strong growth to break through this bull flag. As my expectation, the price may reach a new peak in 2024. 📈📈🔥🔥
🗞️News: Tellor's (TRB) capitalization skyrocketed more than 70%. What is the driving force behind this growth? https://stockbiz.vn/tin-tuc/von-hoa-cua-tellor-trb-tang-vot-hon-70-dong-luc-nao-dang-sau-su-tang-truong-nay/25125613… Tellor Tributes TRB price prediction today - BeInCrypto Vietnam https://localfresnonews.com/category/cryptocurrency/… Tellor (TRB) Price Hits 2.5-Year High: Will It Continue Toward $100? https://coinmarketcap.com/currency/tellor/…
👉Conclude: Technical analysis for TRB finds a short-term neutral bias. The price has dropped to the $93.97 horizontal level but is still above the 200-day moving average. Indicators are also showing neutral signals. News on Tellor is mostly positive, with price increases predicted in the long term. However, it should be noted that the cryptocurrency market is highly volatile and TRB prices can change unexpectedly.
Featured news: Bitcoin price fluctuated slightly in the past 24 hours, trading around the $67,000 mark. The market is waiting for further developments from the US Federal Reserve (Fed) on monetary policy, expected to be announced on June 14, 2024. Some analysts believe that Bitcoin price could rise to the $70,000 mark in the near future if the Fed takes a more dovish stance than expected. However, there are also opinions that the market may continue to adjust if the Fed signals stronger monetary tightening. According to data from Glassnode, the number of active Bitcoin wallet addresses has increased to an eight-month high. This is a positive signal showing that investor interest in Bitcoin is still high. MicroStrategy, one of the world's largest Bitcoin investors, announced the purchase of an additional 4,827 BTC at an average price of $20,817 per BTC. This purchase shows MicroStrategy's confidence in Bitcoin's long-term growth potential.
In general, the Bitcoin market is in a period of short-term fluctuations and it is difficult to predict trends in the near future. Investors should closely monitor market developments and make investment decisions carefully.
👉Price: Current SOL price: $165.06 USD 24h trading volume: $1.81B USD 24h volatility: -0.39% Market Cap: $75.90B USD
👉Featured news: SOL price breaks through the 180 USDT wall: According to Odaily, SOL has increased 6.72% in the past 24 hours, reaching a new high of 180.01 USDT. https://www.binance.com/en/square/hashtag/ SolanaSolana starts a $150 million venture capital investment: Solana Ventures will focus on supporting the construction of Web3 projects on the Solana platform. https://solana.org/ Number of NFT users on Solana surges: Data from Nansen shows the number of daily active users on Solana's NFT fields increased by 56% during the month. https://www.nansen.ai/post/nansen-adds-support-for-solana-nfts
👀 Analysis: SOL price has an upward trend in the short term: The SOL price chart shows an upward trend over the past few days, with an increase of 6.72% in the last 24 hours. Trading volume is high: Trading volume SOL's 24h is $1.81 billion USD, showing high market interest in the coin.Solana is experiencing positive developments: $150 million venture capital launch and increase in NFT users shows that Solana is making positive developments that could support SOL price in the long term.
👉However, it should be noted that the cryptocurrency market is highly volatile and the SOL price can change at any time. Therefore, you should do your own research and evaluate your skills thoroughly before making any investment decisions.
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🔗Price: TROY price is currently at $0.002351, with a 24-hour trading volume of $2.62M. TROY price has decreased -1.34% in the last 24 hours.
👉Trading volume: TROY trading volume in 24 hours is $2.62M, up 113.00% compared to the previous day. This indicates a recent increase in market activity for TROY.
👉Use: TROY is the native token of the Troy Trade cryptocurrency trading platform. The platform offers a range of services to institutional and individual clients, including spot and margin trading, derivatives, data, custody, lending and staking. TROY is used to pay fees for these services, as well as to receive participation rewards.
📋News: No important news about TROY has been announced recently.
📊Technical analysis: The chart is in a nice zone to buy some TROY during altcoins season. We can buy in the price range of 0.002092 - 0.001976 and wait for TROY to grow strongly back to the top of the price range of 0.003887 and beyond.🔥🔥
😉General: TROY is a small market cap cryptocurrency with low trading volume. The price of the coin has decreased over the past 24 hours, but trading volume has increased. TROY is used as a utility token on the cryptocurrency trading platform Troy Trade. No important news about TROY has been announced recently.
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Analysis of Coin BTC News June 1, 2024: Slight fluctuations, short-term trend unclear
⭐BTC price: Current: $67,618.83 (Binance) Up 1.1% in the last 24 hours 24-hour trading volume: $26.96 billion USD Market capitalization: $1,332.51 billion USD
👉News: A sense of pessimism pervades the cryptocurrency market: According to Cointelegraph, market sentiment remains gloomy as investors worry about tightening US monetary policy and a potential recession. This puts both Bitcoin and other altcoins under selling pressure. However, there are still some positive signs: Bitcoin Magazine reports that the number of Bitcoin whales (those holding more than 1,000 BTC) increased to an all-time high in May. This shows confidence Long term into Bitcoin remains strong. North America's Largest Bitcoin Mining Company Marathon Digital Holdings Announces Acquisition of 5,000 BTC: CNBC reported that Marathon Digital Holdings purchased 5,000 BTC at an average price of about $23,900 per BTC. This purchase shows the company's confidence in Bitcoin's long-term prospects.
🔥Technical analysis: The BTC/USD price chart is fluctuating in the symmetrical triangle area. The MACD line is creating a bearish divergence, suggesting that the bullish momentum may be weakening. The RSI indicator is at 50, showing a neutral market. We can buy in the 66k-67k price range and maybe next week there will be a slight increase to the 70k-71k range and then if we continue to break through this zone, BTC may reach a new peak.
👍Conclude: The BTC market is currently in a period of short-term fluctuations with an unclear trend. Investors should be cautious and closely monitor news and technical analysis before making trading decisions
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👀Featured news: Solar Network launches new DeFi platform: Solar Network has launched a new DeFi platform called "SolarSwap". SolarSwap is a decentralized exchange (DEX) that allows users to swap crypto assets securely and efficiently. The launch of SolarSwap is expected to boost demand for the SXP token, as it will be used as a transaction fee on the platform. https://solarnetwork.pro/
Swipe partners with Visa: Swipe, another blockchain project using the SXP token, has partnered with Visa to issue a crypto debit card. This debit card will allow users to spend cryptocurrency at any retailer that accepts Visa. This partnership is expected to help increase the usability of SXP and attract new users to the Swipe ecosystem. https://www.swipe-faq.com/swipe-cards/all-faq-for-cards
The SXP community is growing strongly: The SXP community is growing strongly with the participation of more and more investors and developers. This shows growing interest in the Solar Network project and the future development potential of the SXP token.
⭐Comment: News of the launch of SolarSwap and Swipe's partnership with Visa are positive news for SXP. This news could help boost demand for the SXP token and push up the token price in the near term. However, the cryptocurrency market still has many risks, so investors should consider carefully before making investment decisions.
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