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🌟 Today's Top10 Trending Crypto 🌟
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MOVE
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SOL
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✳️✳️💫⭐️ DESCRIBE in 3 WORDS your LIFE after #crypto
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#bnb/usdt TA ⭐️💫 Binance Coin is on the verge of breaking out from the falling wedge formation on the 3D chart🤔 This bullish pattern suggests significant upside potential if the breakout is confirmed🔍 Watch for a decisive move above resistance that could send $BNB soaring towards $780. $BNB
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🌟🤔🤔 Could Bitcoin Be on the Verge of a Bull Rally⁉️ Analysts See Positive Signs in May ‼️ READ NOW ‼️ Bitcoin (BTC) is exhibiting signs of a potential bullish trend in May, driven by key indicators. Experts have highlighted factors such as miner economics, network hashrate, long term holder accumulation, and rising global fiat liquidity, suggesting that a price increase could be on the horizon. This comes as the largest cryptocurrency continues its recovery rally from early April lows, up 14.6% over the past month. Is a Bitcoin Bull Run Returning⁉️ In the latest X post, analyst and WiM Media founder Robert Breedlove referenced Blockware Team’s average miner breakeven cost data to forecast that Bitcoin might be on the cusp of a bull market. He noted that the price generally doesn’t remain below this average for extended periods, as it represents the threshold at which miners may cease operations if unprofitable. “In a rational economy, assets rarely trade below their cost of production,” Breedlove remarked. He highlighted that the index accurately identified six bottoms between 2016 and 2024. Notably, it signals another bottom, suggesting that a price increase in Bitcoin could be imminent. MacroMicro data further supports this. At the time of writing, the 30 day moving average (MA) of the mining cost to BTC price ratio stood at 1.05. This indicated that miners have been operating at a loss on average over the past month. Therefore, this could potentially lead to an upward price movement as miners operating at a loss scale back, tightening supply. The Bitcoin hash rate price model, which evaluates Bitcoin’s value based on the historical relationship between its price and hash rate, adds to the bullish outlook. $BTC
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💥✳️ #bitcoin has done well reclaiming the 20 WEMA and holding the dotted white line once more . However, we need to see the #sp500 do the same, reclaim the 20 WEMA, failure to do could be a clue that btc is about to break down towards the green line at $32K Be cautious jumping into longs at this point. Always pay attention to where the minimal risk trades are. For example, the bear flag target in April was the time to go long with minimal risk. $BTC
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✴️✨️💫 $ETH Monthly chart | Macro Perspective ‼️READ BELOW‼️ I believe this mid term correction is over. We took out the Aug Oct 2023 lows, printed a giant reversal candle and held the mid line of the Channel The bottom is in and we're gonna have a good mid-term bounce 📈 This can be a Dead Cat Bounce or a bullish Rally to a new ATH, but given the weakness of Eth this cycle and the fact that there're only 7 months left to the cycle, I'm leaning towards the dead cat bounce scenario. So in the next few months I'm expecting a good rally: ETH & its ecosystem will bounce. My first target is $2500 🎯 📍 $2700-3200 is supposed to be a Rejection Zone (lower high) 🔨 👉 To be fully bullish and expect new highs we need to break through that Zone and break out of the Channel $ETH
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