TOKENS WITH THIS PATTERN WILL MOST LIKELY HAVE THEIR RALLIES
If you're looking for tokens that will most likely moon, you're in the right place.
{future}(ARKMUSDT)
{future}(VANRYUSDT)
{future}(SOLUSDT)
Here's why.
There's this 1 pattern that we've identified that could signal a really high price rally for altcoins! Especially once these requirements are met, it will surely take the altcoins to the next level. If you've noticed, the altcoins are moving in a bottom-ish market price action. Which signifies the intention of buyers to keep the price afloat and as well as the high interest of holding these key levels for these altcoins.
The clue as to which you can find these tokens is you have to imagine a cup of tea with a rising steam. In this scenario, the cup of tea has a well built foundation of a strong glass or wood. As the tea heats, it warms the air immediately above it. When this warm air comes into contact with cooler air above, it cools and condenses, forming tiny droplets of water vapor, which appear as steam rising from the surface of the tea.
Similarly, with the foundation of these altcoins, it has now shown a strong base of a rounding bottom which then is showing a possibility for a strong breakout after its neckline is broken. This steam must be having more/intense pressure to continue the bullish movement that will eventually form the total rounding bottom pattern with its broken neckline.
Stay wise, trade cautiously.
URGENT UPDATE REGARDING $BNB $AVAX $AAVE
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1ïžâŁ BNB: BNB is experiencing a notable increase of 4.29% to 578.3, indicating a potential continuation of the uptrend. To sustain this momentum, BNB must break above the 585 level and close above 590. Failure to do so could lead to consolidation.
2ïžâŁ AVAX (Avalanche): AVAX is surging with a moderate increase of 1.31% to $23.28, indicating a potential stabilization. To sustain this momentum, AVAX must break above the $24 level and close above $25. Failure to do so could lead to consolidation.
3ïžâŁ AAVE (Aave): AAVE is experiencing a moderate decline of 1.30% to $134.83, indicating a potential correction. To reverse this trend, AAVE must break above the $137 level and close above $140. Failure to do so could lead to further downside.
KEY LEVELS TO WATCH:
- BNB: 575 (support), 585 (resistance)
- AVAX: $23 (support), $24 (resistance)
- AAVE: $134 (support), $137 (resistance)
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$MATIC Price Perfomance - CoinPedia Analytics
With a double bottom reversal from the support level at $0.38, the bull cycle in MATIC price forms a streak of green candles. The market cap has increased by 25% and the polygon token price by 33% in 7 days.Â
The bullish trend in MATIC price concludes a long-term bearish trend with a trendline breakout. Further, the Polygon price reclaims the $0.50 psychological mark with increased upside potential.Â
As a rounding bottom formation arises in the daily chart, the MATIC price trades at $0.5325, with an intraday gain of 1.50%.Â
The sudden increase in demand for Polygon comes with the new update in the MATIC network coming on September 4th. In this update, the long-awaited shift from MATIC to POL will occur. In addition, the news around the POL tokenâs listing on Coinbase has fueled the bullish spikes. Â
As the crypto market is on the cusp of a bull run, the breakout run in the Polygon price gains momentum. Considering the new network upgrade boosts the buying pressure, the MATIC price could reach the $0.7327 mark before taking on the $1 barrier.Â
On the downside, a reversal under $0.4757 could prove fatal and drop the altcoin to the psychological mark of $0.3928.
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11 Hong Kong Crypto Exchange Applicants Face Uncertainty After Inspections
The inspections revealed that some crypto firms are overly dependent on a limited number of executives for custody of customer funds.
11 Hong Kong cryptocurrency exchanges, which initially received provisional approvals, are now under increased regulatory scrutiny.
The cityâs Securities and Futures Commission (SFC) conducted on-site inspections of these âdeemed-to-be-licensedâ platforms and found several practices that fell short of regulatory expectations, Bloomberg reported, citing sources familiar with the situation.
The inspections revealed that some crypto firms are overly dependent on a limited number of executives for the custody of client assets, raising concerns about their ability to manage these responsibilities effectively. $BTC #Laraxenteam #laraxen #LaraxenFamily
Ordinals founder's speech in Hong Kong: Ordinals, inscriptions, and runes succeed because they are simple
âIt's not tech. Don't view the Ordinals, inscriptions, and runes ecosystem as a tech ecosystem. They are technologies that are very effective for social, gambling, and entertainment purposes. If this is a casino more transparent, more decentralized, and with lower house advantage than Las Vegas, where all the Degens can be happy, I think that's also very good.â
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