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Prepare: XRP Could Hit $40 Soon — Analyst Highlights Major Bullish Setup XRP fell 1% today to $0.5328 while the crypto market lost 1.5% in 24 hours. Although the seventh-largest cryptocurrency has up 11% in the last year, XRP is down 4% in a week and 6.5% in a month. This may be small compared to other major coins (BTC is up 120% in a year), but it sets the stage for XRP's massive compensating climb in the coming months. Some experts are forecasting big increases for XRP, setting goals as high as $40. XRP's indications are oversold, suggesting a comeback. After falling below 70 over the weekend, XRP's purple relative strength index is climbing to 50. The coin's 30-period moving average (orange) may shortly soar above the 200-period average (blue), signaling a momentum rebound. It's intriguing that whales are again buying XRP at its low pricing. Smart money may be thinking that underpriced XRP will rise again. Analysts foresee substantial increases for XRP in the near future, as do traders. X expert STEPH IS CRYPTO recently commented that XRP's position suggests a long-term climb to $40. $40 is the coin's best-case scenario, representing a 7,400% rise and a $2.25 trillion market valuation. XRP has excellent foundations, but since Ripple settled with the SEC last month, it hasn't done much. XRP should gain popularity now that Ripple can extend its operations proactively. The price should reach $1 by year's end before reaching its ATH of $3.40 in 2025. #XRP #Ripple #CPI_BTC_Watch #CryptoMarketMoves $XRP
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Why Analysts Are Buying This $0.02 Coin While Notcoin Falls 33% $NOT, the token behind crypto's popular new Telegram-based game Notcoin, is down 33% in the past month to $0.007763. Its fortunes have changed since last month, when another Telegram game, Lost Dogs, offered holders hope for a huge rally: The Way increased Notcoin prices 50% in seven days. Notcoin, Lost Dogs Co., and Getgems developed the game together. But Notcoin's native $NOT token is currently struggling to stay up with market leaders. Market leader Bitcoin ($BTC) fell 4.4% to $56,775 in 30 days. Top challenger Ethereum ($ETH) lost 13% in 30 days, while Toncoin supporting Notcoin's home chain The Open Network lost 19%. Freefall continues for $NOT. The token fell 5.2% in 24 hours, while the top two cryptocurrencies fell 1%. The Telegram app offers Notcoin, a game. Start earning $NOT by opening the Notcoin bot, inviting friends, and tapping the gold coin. Tap allowances are limited and replenish slowly. Quests and community deeds earn taps. The game and token operate on The Open Network (symbolized by $TON), a blockchain broken apart from Telegram in 2020 after the SEC sued it with breaching federal securities laws by selling it. The support (green) and resistance (red) lines on the chart below show Notcoin's token trading between $0.007 and $0.018 throughout the summer. Notcoin is trading near its support level, just below its 30-day moving average, indicating a rapid sell-off. Its relative strength indicator (RSI) is 29, indicating that the asset is oversold, thus overnight purchasing momentum may give the token green candles heading into the weekend, but Notcoin is unlikely to reach $0.018 barrier. #DOGSONBINANCE #TON #TelegramCEO #CryptoMarketMoves $NOT
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BONK Price Analysis: Is Recovery Bounce Fading? BONK has been consolidating at a major support level for a while, preparing for a breakout. This week, BONK pricing tried to rebound, but traders stealthily bought a competing meme currency after the $0.000017+ rise collapsed. We examine BONK's recent price behavior to see whether this meme currency might lead 2024's largest gains. On the longer time frame (LTF), BONK has been consolidating near a critical support level for a while, building expectation for a breakout as liquidity and trade volume rise. BONK Price Analysis: Is Recovery Bounce Fading? Any Better Trades? BONK is now trading at $0.000016, down 4.17% in 24 hours. A persistent rally from bedrock support at the lower trendline saw the BONK price rise +17% before the weekend. However, overhead resistance from the 20DMA looks to be inhibiting upward advances, hence the present downtick. As Bollinger Bands broaden, consolidation may occur. The sturdy support level at $0.000015 should limit downside risk. The RSI is oversold, but positive divergence suggests the market may not be done. A retest of 20-day moving average resistance is possible. In conclusion, BONK, like the cryptocurrency market, is waiting for positive momentum to return to Bitcoin and Solana. Opportunities exist, as seen by the stealthy buildup of this potential new meme currency. #BONK #BNBChainMemecoins #DOGSONBINANCE #CPI_BTC_Watch $BONK
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Investors Receive a New Boost from the Simon's Cat Airdrop, and What Comes Next for the FLOKI Coin Price? A fresh boost has been provided to investors in the Floki Inu meme currency. This boost comes in the form of a significant airdrop of a fun and popular new meme coin known as Simon's Cat (CAT) into Binance accounts. However, this has not been successful in increasing the price of the FLOKI coin. According to TradingView, the price of the FLOKI coin was last seen trading at about $0.0001230, or a decrease of little less than 4% on the day. A significant CAT meme currency airdrop was just distributed to holders of FLOKI on Binance by the exchange. The FLOKI coin price is just around 10% above its recent lows of $0.00011, which is not much for a meme currency like Floki. However, Wednesday's losses have left the price of the FLOKI coin at that level. In contrast, the price of FLOKI coins has dropped by almost 65 percent from their previous annual highs. It is possible that the price of the FLOKI coin may continue to decline. Because FLOKI has consistently rejected resistance in the shape of its 50-day moving average over the last several weeks, this is the reason. When it comes to the price of FLOKI Coin, the Simon's Cat Airdrop provides investors with a new boost. This indicates that bears are now in charge of this market. There is a possibility that the recent lows below $0.00010 may be retested. It should come as no surprise that investors are looking more closely at other meme currencies given the pessimistic forecast for the price of Floki coin. #FLOKI #CPI_BTC_Watch #CryptoMarketMoves $FLOKI
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Here's why Crypto Pundit advises Bitcoin investors to wait Bitcoin's value has fallen from its all-time high in March 2024, disappointing investors' hopes for a huge bull surge after its halving event. A crypto expert is urging investors to be patient despite the market decline, as Bitcoin may turn bullish in the next months. A Chance for Crypto Investors Bitcoin has traditionally experienced extreme negative momentum, volatility, and instability in September, according to numerous crypto specialists. Rekt Capital, a crypto analyst, warned his over followers that Bitcoin's price fell 8% in September. In September 2021, 2020, 2017, and 2018, the Bitcoin fell 5% to 7%, he said. BTC normally performs badly in this month, therefore the expert said this price decrease was normal. A crypto specialist named ‘Unipcs’ has given investors who have been suffering Bitcoin price decreases optimism in light of this repeated downward. Unipcs noted that crypto prices rose strongly in October and November. Bitcoin has consistently declined in September and surged in October, according to the expert. Unipcs anticipates a dramatic Bitcoin price turnaround in the next months based on this historical trend. BitStarz Player Wins $2,459,124 Record! Could you win big next? He advised investors to keep invested in BTC because he thinks the market would improve shortly. Many crypto specialists agree with the analyst's forecast that Bitcoin would fall again in September. Rob Inhoods, a crypto enthusiast and expert, said Bitcoin had concluded September favorably just three times since 2012. The cryptocurrency rallied heavily in October, November, and December each time. Market intelligence tool Santiment revealed a major Bitcoin price shift on September 10. According to sources, BTC's market value is finally rising following a series of falls and modest upticks after its April 20, 2024 halving. #CPI_BTC_Watch #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 $BTC
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