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TheNewsCrypto
1w
29
Dogwifhat (WIF) Drops 7.7% as Price Tests Key Support at $0.82
- Dogwifhat (WIF) dropped 7.71% to $0.8253, hitting a low of $0.8232 amid declining trading volume.
- Technical analysis suggests WIF faces a crucial support test at $0.82, with potential to drop to $0.78 or rise to $0.94 resistance.
- The Relative Strength Index (RSI) at 48.89 and Chaikin Money Flow (CMF) at -0.03 indicate weak momentum and capital outflow, signaling a bearish sentiment.
- Traders should closely monitor WIF's price action below $0.82 for possible liquidation, as a sustained recovery requires increased volume and RSI above 50.
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TronWeekly
1w
379
Image Credit: TronWeekly
Shiba Inu (SHIB) Set for 8% Weekend Jump: Here’s the Key Price Level to Watch
- Shiba Inu's price action turns bullish after breaking out of a descending channel, with support at $0.000011 and resistance at $0.000014.
- CoinCodex predicts SHIB could reach $0.00001254 by July 6, showing a potential 8% ROI over the weekend.
- Over 1.3 billion SHIB coins were burned in a week through the ShibTorch portal, contributing to a long-term supply reduction narrative.
- The community-driven burning method on Shibarium network aims at reducing circulating supply, signaling long-term optimism for Shiba Inu.
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Bitcoinsensus
1w
375
Image Credit: Bitcoinsensus
SAHARA Holds at $0.083 – Breakout or Breakdown Next?
- SAHARA holds at $0.083; will it breakout or breakdown next?
- Market sentiment is neutral-corrective, with potential for growth or phase breakdown.
- Key levels to watch: Fibo zones, EMA levels, and RSI behavior for trend confirmation.
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Bitcoinsensus
1w
238
Image Credit: Bitcoinsensus
PENGU Price Skyrockets: Top Gainer Across All Timeframes
- PENGU has emerged as the top gainer among the top 100 market cap coins across various timeframes.
- Since June 27, the PENGU price has surged by almost 100%, fueled by strong community backing.
- A potential buying opportunity is identified around $0.12, where a demand area with liquidity imbalance may attract price action.
- PENGU, a community-driven memecoin on Solana, stands out with its active community participation and unique approach in the crypto market.
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Coindoo
1w
325
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Here’s What Could Be Behind XRP’s Unusual Price Surges
- XRP's price surges following positive news are often accompanied by rallies in tokens like ADA and XLM, attributed to high-frequency trading bots exploiting lightning-fast news reactions and priority API access on major exchanges.
- These bots manipulate momentum using strategies like arbitrage and spoofing, creating an illusion of wider market surges across loosely connected assets.
- Industry voices, including Vincent Van Code and Vandell of BlackSwan Capital, acknowledge the significant influence of bots, while investor Denver Ulland highlights the potential decrease in bot-driven volatility without strong institutional backing.
- Suggestions for limiting bot-driven manipulation include regulating priority APIs and increasing transparency through decentralized platforms. Ripple's expansion of XRP's real-world utility could shift focus to organic demand and decrease automated distortion.
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Bitcoinsensus
1w
79
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Dogecoin Price Prediction: Buying Opportunity Ahead?
- Dogecoin followed the expected path: liquidity sweep, demand reaction, push up.
- A final low might still be targeted before a potential new move higher, with H2 demand with an imbalance being a key level to watch.
- In the last Dogecoin article, the setup was described where DOGE could dip down, grab liquidity at the bottom, react on a demand zone, and push up.
- The article cautions that nothing is guaranteed in terms of price movement, and these are only possible scenarios to prepare for. DOGE could break the structure or chop sideways.
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TronWeekly
1w
41
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XRP Price Primed for Breakout as Bullish Pattern Targets $2.65
- XRP is showing an inverse head and shoulders pattern, indicating a potential 15% breakout to $2.65.
- Key resistance is at $2.33, with bullish RSI and rising trading volume.
- Fibonacci levels suggest next targets at $2.47 and $2.54, supporting upward momentum.
- XRP is gaining momentum for a breakout with strong technicals and positive investor sentiment.
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TronWeekly
1w
197
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Crypto Token Unlocks July Schedule: Over $3 Billion Set to Hit the Market
- Over $3 billion in crypto tokens are set to be unlocked for trading this July, with the largest wave expected in the week of July 7 to July 13.
- Four major projects make up over 59% of the total value set to unlock this month, including tokens from Aptos, IO, Peaq, and AGI.
- There is a potential risk of price drops if the market struggles to absorb the new token supply, as concentrated token unlocks may lead to sudden price changes.
- Market analysts caution that the increased token circulation may put downward pressure on prices, emphasizing the importance of monitoring supply absorption, trading volumes, and price action.
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TheNewsCrypto
1w
133
5 Reasons Little Pepe Could Be the Next Shiba Inu—but Smarter
- Little Pepe ($LILPEPE) is gaining traction in the crypto world as a meme coin with actual value and long-term potential.
- Five key reasons why Little Pepe could be the next Shiba Inu but with a smart, utility-based approach are highlighted:
- Purpose-built Ethereum-compatible Layer 2 Blockchain offering faster transactions and lower fees.
- Utility-driven ecosystem with features like staking, meme launchpad, and DAO voting, supported by successful presale tokenomics.
- Future-proof features such as NFT integrations, cross-chain compatibility, and a $777,000 giveaway are also in the pipeline.
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Coindoo
1w
396
Image Credit: Coindoo
Will a Major Listing Send Pi Coin to the Moon?
- Pi Coin, despite not being available on major platforms, has gained popularity due to its large user base and expanding ecosystem.
- With over 70 million global users, Pi Network has introduced innovative tools like an AI-powered app builder and increased its mining rate.
- Currently trading on lesser-known exchanges with limited liquidity, a potential listing on Binance or Coinbase could significantly boost Pi's value and market accessibility.
- Analysts speculate that a major exchange listing could lead to a significant price increase for Pi Coin, possibly reaching $3–$5 or higher, depending on market conditions and investor sentiment.
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TronWeekly
1w
208
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Fartcoin Price Correction Fuels Buzz, Eyes $1.26 Breakout Next
- Fartcoin has shown a 16.25% weekly gain despite a recent daily price decline.
- The price is aiming to retest $1.26 following a strong breakout in early July.
- Technical indicators suggest the potential for a cautious bullish trend continuation.
- Fartcoin remains strong in a volatile trading environment, currently trading at $1.1779 with a market cap of $1.17 billion.
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TronWeekly
1w
117
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XRP Poised for Breakout to $2.65 After Ripple License News
- XRP is showing strong growth and leading gains with a market cap of $132 billion, supported by a bullish setup.
- Ripple’s pursuit of a U.S. banking license has created optimism, potentially allowing regulated banking services and expanding Ripple’s role in the financial infrastructure.
- The technical analysis indicates a bullish breakout for XRP, with an inverse head-and-shoulders pattern suggesting a potential 15% rise to $2.65 if key resistance levels are breached.
- XRP's currents price point at $2.23 shows promise for further uptrend, despite a temporary decrease in trading volume. The market remains positive towards XRP's growth amid Ripple's strategic moves.
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TronWeekly
1w
6
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SUI Bullish Breakout Fuels Surge Toward $3.74 Resistance Zone
- SUI surged 4.34% in 24 hours to $3.02, with a market cap of $10.4 billion.
- Breakout from ascending triangle targets $3.74; cup and handle pattern suggests potential rise to $6.
- Open interest increased by 16% to $1.39 billion, with TVL at $1.842, boosting investor confidence.
- SUI is displaying strong upward momentum, trading at $3.02, with analysts eyeing further gains towards $3.74 and $6 levels.
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99Bitcoins
1w
330
Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple’s RLUSD Stablecoin
- Swiss bank AMINA Bank has announced it will provide custody and trading services for Ripple’s RLUSD stablecoin.
- AMINA Bank is the first global bank to support RLUSD, beginning with services for clients holding RLUSD.
- The move reflects Switzerland's position as an innovator in the crypto space and aims to bridge traditional banking with digital assets.
- Ripple has also applied for a US banking license for RLUSD to enhance oversight and credibility.
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Coindoo
1w
376
Image Credit: Coindoo
FTX Seeks Court Backing to Deny Claims from Banned Crypto Regions
- FTX is seeking court approval to deny claims from banned crypto regions, particularly mainland China, due to complications stemming from local laws.
- The exchange aims to require users in restricted regions to confirm legality of payouts under local laws with legal experts to challenge or reject their claims.
- Some Chinese creditors are questioning FTX's approach and considering legal actions against the restrictions that block international transfers in USD while crypto ownership remains legal in China.
- FTX faces challenges in globally distributing billions back to former customers, with some suggesting that selling or transferring claims to permitted jurisdictions may be the only recourse for users in legal uncertainty.
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