#SNXUSDT UPDATE
SNX is rebounding from the support trendline of an ascending triangle. A breakout from this pattern would serve as a bullish confirmation, signaling potential upward momentum. Conversely, a breakdown would indicate a bearish trend
#HBARUSDT UPDATE
HBAR is ready to skyrocket, After a strong consolidation within the symmetrical triangle, it has finally broken out. With the 21MA providing solid support, an aggressive pump is imminent. Don't miss this chance. 🚀
#NKNUSDT UPDATE
NKN poised for a breakout, As it approaches the top of its horizontal supply zone in an ascending triangle, the 100MA provides strong support. Don't miss this potential move. 🚀
🚨 Top 12 Crypto News in The Last Couple of Hours
1️⃣#US Economic Data Reveals Q1 GDP and Consumer Spending
2️⃣Puffer Finance Collaborates With #Ethereum Foundation To Develop Rollups
3️⃣Unemployment Claims in the #US Show Slight Increase
4️⃣#Denmark's Financial Regulator Plans to Abolish Non-Custodial Bitcoin Wallets
5️⃣#SSV Network's Total Value Locked Surpasses $3 Billion
6️⃣#Dfinity Launches ICP-Based Platform Utopia To Address Cybersecurity Issues
7️⃣#DMM Bitcoin Hacker Transfers 500 BTC to New Address
8️⃣#Bitcoin(BTC) Surpasses 61,000 USDT with a Narrowed 0.71% Decrease in 24 Hours
9️⃣#BNB Drops Below 570 USDT with a 1.27% Decrease in 24 Hours
🔟#ETH Surpasses 3400 USDT Mark Again, Reports a 0.6% Increase in 24 Hours
1️⃣1️⃣ #Hyperlanee Launches Restaked Interop To Connect Rollups With Ethereum's Economic Security
1️⃣2️⃣ #Rune Dog Independent Wallets Surpass 73,000, Market Value Drops to Approximately #$580 Million
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#COTIUSDT UPDATE
COTI is currently trading above the horizontal demand zone of a descending triangle, indicating a potential bounce from this level.
However, the Ichimoku cloud is acting as resistance above the triangle, creating a significant barrier to upward movement.
To determine the next directional move, it is essential to wait for a successful breakout above the Ichimoku cloud and the triangle, which would confirm a bullish trend.
On the other hand, a breakdown below the horizontal demand zone would indicate continued bearish momentum.
Monitoring these key levels will provide clearer insights into COTI's future price action.
#BTCUSDT UPDATE
Bitcoin is currently trading within a descending broadening wedge pattern and is moving downward inside the wedge.
The Ichimoku cloud, acting as resistance, further underscores the prevailing bearish momentum.
For bullish confirmation, Bitcoin would need to break out above both the wedge and the Ichimoku cloud, signaling a potential reversal and upward trend.
Conversely, if Bitcoin breaks down below the wedge, it would invalidate the pattern, suggesting continued bearish pressure and the likelihood of further declines.
🚨 Top 12 Crypto News in The Last Couple of Hours
1️⃣Nubit #Alpha Blockchain Project Advances to Second Phase of Testnet
2️⃣ #Binance Labs Invests in Infrared to Enhance Proof of Liquidity
3️⃣ #Polkadot's Price Faces Downward Pressure, Breaches $6 Support Level
4️⃣ #Investors Anticipate Key Economic Reports, Crypto Market Experiences Volatility
5️⃣ #X Payments Secures Money Transmitter License In 29 US States
6️⃣#Mt.Gox Debt Repayment Process May Extend Until October 2024
7️⃣#Cryptocurrency Market Witnesses Liquidation Worth $270 Million
8️⃣#Kerrisdale Capital Shorts MicroStrategy Stocks, Citing Unreasonable Premium Relative To Bitcoin
9️⃣#Louisiana Passes Bitcoin Bill To Safeguard Usage Rights And Limit Central Bank Digital Currency
🔟#Bitcoin Mining Industry Attracts Investor Interest Following Core Scientific and CoreWeave Collaboration
1️⃣1️⃣ #BNB Experiences Short-Term Drop Below 570 USDT
1️⃣2️⃣#Bitcoin Experiences Six Major Pullbacks Since 2022 Bear Market Bottom
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#BTCUSDT UPDATE
Bitcoin is currently consolidating within an ascending triangle, trading just above the support trendline. This pattern typically suggests a potential bullish continuation, and we can anticipate a bounce from the support trendline, which would align with this outlook.
However, if Bitcoin breaks down below the support trendline, it would likely find the next level of support at the second horizontal demand zone.
This zone is reinforced by the presence of the 200-day moving average, which is acting as a significant support level. A bounce from this secondary support could stabilize the price and potentially resume the upward momentum, but a failure to hold this level could signal further bearish movement.
Therefore, monitoring these key levels is crucial to understanding Bitcoin's next directional move.
🚨 Top 12 Crypto News in The Last Couple of Hours
1️⃣#Decentralized Social Protocol Farcaster Surpasses $1.88 Million in Total Revenue
2️⃣ #Ton Ecosystem's Catizen Surpasses 1.25 Million Players
3️⃣#South African Cryptocurrency Traders Under Tax Review
4️⃣ #Dubai-Based Blockchain Real Estate Platform Directly Secures $1 Million Funding
5️⃣ Decent Land Labs Secures $3 Million Funding To Solve #EVM Storage Issues
6️⃣ #Nigeria's Securities Exchange Commission Revises Rules for Virtual Asset Service Providers
7️⃣Global #Liquidation Totals $31.42 Million in Past 24 Hours
8️⃣ #Ethereum's Price Unlikely to Surge Despite Spot ETF Approval, Says Mechanism Capital Co-Founder
9️⃣ Foundry Digital LLC Launches #Bitcoin Mining Hardware For Institutions
🔟#Swiss Central Bank Extends Pilot Project for Tokenized Bonds Settled with Experimental Digital Currency
1️⃣1️⃣ #Bitcoin Miners Sell Over 30,000 BTC Since June, Fastest Pace in Over a Year
1️⃣2️⃣US #Bitcoin Spot ETF Records Net Outflow Of $544.1 Million
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🚨 Top 12 Crypto News in The Last Couple of Hours
1️⃣#Bitcoin Volatility Index BitVol Rises To 46.4
2️⃣#Pixels' Active Addresses Drop Below 600,000, Showing a 48.52% Decrease in a Week
3️⃣Cryptocurrency Trading Service #'WhaleFin' To Undergo Rebranding And Upgrades
4️⃣#LayerZero CEO Bryan Pellegrino Responds To Code Quality Concerns
5️⃣#ENS Value Surges Beyond 32 USDT, Records 24H Increase of 28.20%
6️⃣Stock Trader #Keith Gill Faces Securities Fraud Allegations Over GameStop Price Fluctuations
7️⃣ #Ethereum Spot ETF Launch and Token Unlocks Expected in July
8️⃣#Bitcoin Hits Record High, Up 48.46% in First Half of 2024
9️⃣#Bitcoin(BTC) Surpasses 62,000 USDT with a 1.58% Increase in 24 Hours
🔟Over $1.23 Billion Worth Of #Bitcoin Transferred To Accumulation Addresses In A Single Day
1️⃣1️⃣ #BNB Drops Below #570 USDT with a Narrowed 0.67% Increase in 24 Hours
1️⃣2️⃣#Ethereum Spot ETF Launch and Token Unlocks Expected in July
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#ZILUSDT UPDATE
ZIL is bouncing off the support trendline of a symmetrical triangle. We need to wait for a successful breakout or breakdown to determine the next significant price movement.
#BTCUSDT UPDATE
Bitcoin is currently consolidating within a descending broadening wedge pattern. A breakout from this wedge would serve as a bullish confirmation, indicating potential upward momentum.
Conversely, there is also the possibility of Bitcoin dropping from the resistance trendline. Traders are closely watching these key levels for potential signals on the next major price movement.
🚨 Top 12 Crypto News in The Last Couple of Hours
1️⃣#ZK Technology Developer Foundation Announces Launch of First Devnet, zkSharding MVP
2️⃣#Manta Network Urges CeDeFi Users To Claim 1.5x Points Boost By June 30
3️⃣#Galaxy's Research Vice President Summarizes Key Points From #136th ACDC Teleconference
4️⃣#YOLO Games Allocates 35% of Season One Revenue for Future Incentives
5️⃣#Ethereum Network's Average Gas Fee Drops To 1 Gwei
6️⃣#NFT Titan Christian2022.eth Reportedly Acquires Additional 3.75 Million CRV Tokens
7️⃣ #Bitcoin(BTC) Surpasses 61,000 USDT with a Narrowed 1.51% Decrease in 24 Hours
8️⃣User Loses $747,192 Worth of Aave Rocket Pool #ETH to Phishing Attack
9️⃣#Major US Banks Announce Dividend Increases Following Successful #Federal Reserve Stress Tests
🔟#BNB Drops Below 570 USDT with a 1.76% Decrease in 24 Hours
1️⃣1️⃣ Approval of #Ethereum Spot #ETF Expected to Be Delayed Until After Holidays
1️⃣2️⃣ #Solana's Average TPS Reaches 2200 With Over 80% Transaction Success Rate In H1 2024
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🚨 Top 12 Crypto News in The Last Couple of Hours
1️⃣#UXLINK Announces Social Liquidity Provision System With Token Pool
2️⃣#Billionaire Steve Cohen's Venture Capital Arm Shifts Investment Focus
3️⃣#Bitcoin Withdrawals From Miner-Linked Wallets Drop By 85%
4️⃣#Velocore Disables Most Functions Following Recent Exploit, Ensures Withdrawal Functionality
5️⃣#Bitcoin Network's Active Addresses Hit Record Low Since 2010
6️⃣#Block Inc. Sees Bitcoin Investment as Long-Term Strategy
7️⃣ #Significant Purchase of SOL Coins Leads to Short-Term Price Surge and Subsequent Plunge
8️⃣#Fantom Foundation's Associated Address Converts CVX to USDT, Resulting in 5% Price Drop
9️⃣#Bitfarms Appoints Fanny Philip To Thwart Riot Platforms' Hostile Takeover
🔟 #Dollar Index and Bitcoin Rise Following First Televised Debate Between #Biden and #Trump
1️⃣1️⃣ #BNB Drops Below 580 USDT with a Narrowed 1.15% Increase in 24 Hours
1️⃣2️⃣ #Ethereum Spot ETF Predicted to Reach $15-20 Billion in Net Inflows
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#USDT.D
The cryptocurrency market is exhibiting bullish signs as dominance faces rejection from the resistance trendline of the triangle pattern. This resistance, coupled with the 100MA acting as a barrier for USDT.D, suggests a potential market pump if dominance continues to decline. The slight rejection of dominance is already hinting at an upward momentum in the market.
Traders are closely monitoring for a successful breakout or breakdown, as shifts in dominance often signal trend reversals in the broader crypto market.
Therefore, the market's response to these resistance levels could set the stage for significant price action in the coming days.
#ADAUSDT UPDATE
ADA is ready to soar, Breaking through the strong 4-hour resistance trendline and successfully retesting, combined with bullish signals from the Ichimoku cloud, all signs point to an amazing pump ahead. 🚀
#SOLUSDT UPDATE
After a period of strong consolidation within a descending channel, SOL has recently broken out of the channel.
A successful retest of the breakout point would reinforce bullish sentiment. Currently, the 21MA is providing support, while the 100MA is acting as a resistance barrier.
It is essential to monitor further price developments to confirm the next direction of the Solana, as these moving averages play a crucial role in determining short-term support and resistance levels.
🚨 Top 12 Crypto News in The Last Couple of Hours
1️⃣#MicroStrategy CEO Advises Buying Bitcoin Amid Market Uncertainty
2️⃣#Notcoin Burns $3M Worth of Tokens, Announces $4.2M Incentive Plan
3️⃣ #Dogecoin's Price Movement At A Critical Juncture, Says Analyst
4️⃣ #XRP Ledger Gains Momentum in South Korea, Ripple VP Expresses Enthusiasm
5️⃣ #Metallica Falls Prey to Cryptocurrency Scammers Promoting Fake Token
6️⃣ #Solana Unveils Blinks, A Feature Transforming On-Chain Actions Into Shareable Links
7️⃣#Meme Cryptocurrencies Witness Notable Gains Despite Market Pessimism
8️⃣Mt. Gox to Repay Over 140,000 #BTC, July Predicted Bullish for #XRP, and Bitcoin May Reach $1 Million, Predicts #Samson Mow
9️⃣#Bitcoin Whales Accumulate $436 Million Amid Market Crash
🔟#Polkadot's Price Shows Slight Reversal, Bearish Trend Likely to Continue
1️⃣1️⃣ #Shiba Inu's Burn Rate Surges 101% Amid Hopes for Sustained Recovery
1️⃣2️⃣#BNB Surpasses 570 USDT with a Narrowed 1.52% Decrease in 24 Hours
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#BTCUSDT UPDATE
Bitcoin is currently testing the horizontal resistance zone of an ascending triangle after being rejected by the resistance trendline, which is also forming a double top pattern.
This critical juncture could determine the next significant move for Bitcoin. If the retest of the resistance zone is successful, it would likely trigger a strong bullish rally, signaling renewed upward momentum in the market.
Conversely, if Bitcoin fails to break through this resistance on the retest, it could lead to further corrections, indicating continued bearish pressure and potential declines to lower support levels.
Thus, the outcome of this retest is pivotal for predicting Bitcoin's short-term direction.