A Huge Week For CRYPTO 🔖 $ETH 🔹 - Spot ETH ETFs are expec | Tony-Stark on Binance Square

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A Huge Week For CRYPTO 🔖
$ETH 🔹 - Spot ETH ETFs are expected to start trading on July 23  .
$BTC 💰 - Trump will speak at Bitcoin2024 conference on July 27. Rumors are he may announce a US $BTC strategic reserve .
$XRP 🪙  - A settlement in the XRP vs SEC case is rumored to be announced next week .

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PEPE/USDT Analysis: Consolidation Phase with Potential Upside – Predicted Target: 0.00000960 1. Moving Averages (MA and EMA) EMA (Exponential Moving Average) lines (7, 25, 99): The EMA lines show that PEPE’s price recently crossed above the EMA(7) and EMA(25), indicating a short-term upward trend. The price is slightly above the EMA(99), which could be a support level. MA (Moving Average) values: MA(5) and MA(10) indicate a broader trend. If PEPE stays above these MAs, it may indicate bullish sentiment, but a drop below could signify a potential downtrend. 2. MACD (Moving Average Convergence Divergence) The MACD shows a minor negative difference, indicating slight bearish momentum, though the histogram bars are close to zero. This suggests that the downtrend may be weakening, possibly transitioning to a bullish trend if the MACD line crosses the signal line. 3. RSI (Relative Strength Index) The RSI value is around 46, which places it in a neutral zone. This indicates that PEPE is neither overbought nor oversold, so it may continue to consolidate unless a strong buying or selling pressure appears. 4. Stochastic RSI The Stochastic RSI is low, around 11, indicating an oversold condition. This could signal a potential upward reversal in the near future, as oversold conditions often attract buyers. Conclusion The indicators suggest that PEPE might be in a consolidation phase with a slight upward bias. If the price holds above the EMAs and the Stochastic RSI rises from oversold, there could be a bullish move. However, keep an eye on the MACD and RSI for any sign of momentum changes.

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