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TheNewsCrypto

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TRUMP Price Faces Resistance at $11 as Momentum Improves

  • TRUMP coin is showing signs of reversal with RSI climbing and volume up over 230%.
  • Price is nearing resistance at $10.96, aiming for $12.50 and above if breakout occurs.
  • Key price levels to watch include resistance at $10.89-$11.20 and support at $9.75-$9.30.
  • Despite positive indicators, TRUMP coin remains below key EMAs, but a break above $12.20 could shift market sentiment.

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Coinpedia

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Eric Trump Backs $TRUMP Token While Price Faces Bearish Pressure—Is a Rebound Coming?

  • Eric Trump confirms that World Liberty Financial has acquired a substantial long-term position in TRUMP token.
  • Eric Trump clarifies Trump family's official stance amidst disputes over an unauthorized Official TRUMP wallet.
  • The price of TRUMP token is struggling under bearish technical pressure, with uncertainty if it will rise above $13 or drop back to $8.
  • Despite Eric Trump's announcement, TRUMP token price remains under pressure with no confirmed breakout above key resistance levels.

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99Bitcoins

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Africa Crypto News Week in Review: South Africa Calls for Modern Crypto Laws, Kenyan Banks Ready for Crypto as Tether Expands

  • A judge in South Africa criticizes regulators for using outdated laws to regulate crypto, advocates for modern laws.
  • Kenyan banks are gearing up to support crypto transactions, with nearly a third ready to offer crypto services.
  • Tether invests in Shiga Digital, aiming to enhance the use of USDT for cross-border African settlements and expand its presence in the region.

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TronWeekly

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Algorand (ALGO) Price Analysis: Is a Break Below $0.18 Coming Next?

  • ALGO is trading at $0.1888, down 0.86% in the past 24 hours, with continued selling pressure
  • Price remains below the 9-period DEMA and Bollinger Band midline, showing bearish momentum
  • Resistance at $0.2029 and $0.2040 continues to cap any rebound attempts
  • Support lies at $0.1800 and $0.1773, with risk of further decline toward $0.1600

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TronWeekly

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XRP Price Set for $17–$27 Rally in 2025 As Ripple Gains Political Power

  • XRP's bullish "Hypaspists Formation" indicates potential for rapid price spikes, with targets projected at $17, $21, and $27.
  • Ripple's increasing influence in U.S. politics and finance suggests strategic integration of XRP into national frameworks, leading to price targets between $5 and $27 supported by strong fundamentals and institutional momentum.
  • XRP's chart behavior aligns with historical bull flag structures, indicating a prelude to a significant rally, supported by partnerships like Santander and SBI Holdings for cross-border settlements and asset tokenization.
  • 2025 outlook for XRP includes growing adoption, regulatory clarity, and technological advancements, with predictions of trading between $5 and $26.50 based on institutional growth and potential XRP ETF approval.

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TheNewsCrypto

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Pudgy Penguins Shows Signs of Life with 8% Gain Amid Bearish Pressure

  • Pudgy Penguins (PENGU) price surged 8% in the last 24 hours, indicating buyer interest at current levels.
  • Despite the price increase, PENGU remains in a bearish zone below the 50-day and 200-day EMAs.
  • PENGU is currently priced at $0.012, lower than its recent peak of $0.017, with technical indicators pointing towards further downward movement.
  • Momentum indicators suggest a bearish trend, with the price trading below key EMAs. Traders should watch for a break below the lower trendline for potential further selling.

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Cryptoticker

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Weekend Crypto Trading: What to Watch

  • Crypto traders prepare for weekend volatility as Bitcoin remains within a range but shows signs of accumulation.
  • XRP at $2.16 faces key support at $2.00 with a descending triangle pattern indicating possible levels at $1.80 or $1.60.
  • SHIB at $0.00001254 is in a descending wedge formation suggesting potential breakdown to $0.00001000 unless bulls reclaim $0.00001350.
  • Chainlink at $13.73 eyes $12.50 with a potential drop unless a daily close above $14.00 occurs while Toncoin and Worldcoin face tight ranges signaling possible breakouts or breakdowns.

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TheNewsCrypto

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Virtuals Protocol (VIRTUAL) Price Surged 12% Eyeing $2.00 Mark?

  • Virtuals Protocol (VIRTUAL) price surged 12% in the last 24 hours, reaching around $1.85 with a positive trend.
  • Despite market correction, VIRTUAL holds above key EMAs, indicating a bullish trend remains intact.
  • Technical analysis suggests VIRTUAL is at an important turning point, with price currently above major EMAs and moving towards the $1.90-$2 range.
  • RSI indicates neutral momentum with signs of bullish divergence, while the Awesome Oscillator suggests easing downward pressure and potential change in momentum.

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TronWeekly

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Is it Possible for Altcoins to Hit $2 Trillion Market Cap Soon? The Cup & Handle Pattern Hint So

  • Trader Michaël van de Poppe advises patience with altcoins as market cycle develops slower compared to previous ones.
  • Merlijn The Trader identifies a completed cup and handle pattern in altcoin charts, signaling a potential imminent breakout.
  • A projected surge to a $2 trillion market cap for altcoins is anticipated based on the bullish technical formation.
  • Analysts Merlijn The Trader and Michaël van de Poppe share insights amidst growing interest in the altcoin market's future.

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Bitcoinsensus

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Dogecoin Rebounds with an 8% Surge—Will the Bulls Hold Above $0.18?

  • Dogecoin surged by 8.43% on June 6th, trading at $0.18247, indicating a market-wide recovery and holding above $0.16.
  • Market relief post liquidation stablities and partnership of Elon Musk's X with prediction platform Polymarket contributed to the surge.
  • Dogecoin's crucial zone of interest lies between $0.16 and $0.18, acting as support and resistance zones.
  • Bullish momentum is indicated by MACD crossover, RSI bouncing back from oversold levels, and a 35% surge in trading volume for Dogecoin.

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TronWeekly

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RENDER Eyes Breakout as Bullish Momentum Builds to $8.70 and Beyond 

  • RENDER is experiencing strong bullish momentum, supported by a bounce from a historical support zone that previously led to a rally to $14.
  • A symmetrical triangle breakout pattern indicates potential upside targets at $4.15, $5.50, $6.50, and $8.70, as per analysts.
  • If RENDER maintains its current support level, it could trigger a significant breakout and attract increased buying pressure in the near future.
  • The current price of RENDER is $3.74, with a 24-hour trading volume of $72.31 million and a market cap of $1.93 billion, showing signs of recovery amidst market volatility.

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Bitcoinsensus

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WLFI Advisor Ogle Shorts $TRUMP Token With $1M Bet—Loses $188K

  • Crypto trader and advisor Ogle made headlines by shorting $TRUMP token with a $1 million bet on Hyperliquid.
  • Ogle's association with World Liberty Financial, a DeFi company linked to the Trump family, added intrigue to his significant shorting move.
  • Despite betting against $TRUMP, Ogle faced a $188K loss as the price fluctuations led to his position getting liquidated.
  • Following the loss, Ogle shifted his strategy to a long position on $TRUMP, aiming for a price recovery to recoup some of his earlier losses.

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TronWeekly

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Uber Eyes Stablecoins to Cut Global Transfer Costs, Says CEO

  • Uber is exploring the use of stablecoins to enhance cross-border money transfers, aiming at reducing costs and improving speed.
  • Stablecoins are seen as a practical option for Uber due to their price stability and real-world payment utility compared to Bitcoin.
  • Global firms like Uber are showing an inclination towards stablecoins for international transactions to benefit from faster and cheaper transfers.
  • Despite the growing use of stablecoins, regulatory concerns exist around their framework in the U.S., with ongoing discussions around guidelines and clarity.

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Coindoo

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Eric Trump Confirms Strategic Alliance Between $TRUMP and World Liberty Financial

  • Eric Trump confirms strategic alliance between $TRUMP and World Liberty Financial, emphasizing the project's commitment to its crypto vision.
  • World Liberty Financial plans a significant $TRUMP acquisition as part of its Long-Term Treasury strategy, showcasing the synergy between meme culture, DeFi, and American political identity.
  • The collaboration highlights a patriotic crypto movement with World Liberty Financial aiming to promote American values through digital finance.
  • Future collaborations and growth for the $TRUMP ecosystem are expected as Eric Trump hints at upcoming announcements in the cryptocurrency space.

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TronWeekly

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Litecoin (LTC) Price Holds Above $84, Eyes Breakout Toward $100

  • Litecoin (LTC) is trading at $86.68, showing early signs of recovery after recent pressure.
  • Support at $82 has remained strong since April, attracting buying interest.
  • A break above the Bollinger midline at $87.87 could lead Litecoin to test $92 and potentially $100.
  • Litecoin is in a consolidation range between $82 and $106, with a potential breakout as volatility decreases.

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