$XRP #Signal #strategy 🔹 Entry Price: Current price: 2. | LEGENDTAK on Binance Square

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$XRP #Signal #strategy 
🔹 Entry Price:
Current price: 2.2012 USDT
Enter now or slightly lower (ideal range: 2.1900 - 2.2012 USDT)
🔻 Stop Loss:
Below recent low support: 2.1450 USDT
Suggested Stop Loss: 2.1420 USDT
🎯 Take Profit (TP):
Conservative TP (previous high/resistance): 2.2240 - 2.2300 USDT
Aggressive TP (breakout target): 2.2500 - 2.2700 USDT

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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#MarketPullback #BTC Key Drivers Behind Today's Rally #UpwardTrend 1. U.S. Jobs Report & Risk-On Mood May saw 139,000 new jobs, beating expectations, which boosted stocks and ignited risk appetite—flowing into crypto too. Broad markets rallied (e.g., Dow ↑500 pts, S&P 500 topped 6,000) 2. Institutional Inflows & ETF Momentum Renewed institutional interest in Bitcoin ETFs is supporting inflows . Strong debut from Circle (USDC) and buzz around Gemini’s potential IPO reflect growing trust and legitimacy in the crypto sector 3. Technical “Short Squeeze” Effects A flood of short liquidations (~$300 million in BTC shorts alone) triggered sharp upward moves . A classic short squeeze unleashed momentum, pushing prices higher across major coins. 4. Whale Accumulation / Big Buyers Michael Saylor (MicroStrategy) teased a 9th consecutive week of Bitcoin purchases via stock raise . On‑chain data shows whales are actively buying the dip, signaling confidence . 5. Macro & Regulatory Tailwinds Easing U.S.–China trade tensions and a cooling U.S. Dollar Index are tilting investors toward crypto as a hedge . The U.K. is also easing crypto regulations (lifting ban on crypto-linked ETNs) .

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#TrumpVsMusk #Liquidation $BTC 🧨 $970 Million in Liquidations in 24 Hours Over the past 24 hours, the crypto market witnessed approximately $970 million in liquidations. **$854 million** (≈ 88%) were long positions, including $346 million from Bitcoin . Other assets like Ethereum, Solana, and XRP also suffered significant liquidations . ⚠️ Comparison to Earlier Events On June 5, an abnormal one-hour liquidation spike occurred: ~$5.5 million in Bitcoin long liquidations—95% from longs . The Trump–Musk feud triggered about $1 billion in crypto liquidations, heavily impacting BTC and ETH longs .

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#MarketPullback $BTC #Xrp🔥🔥 1. $3.3 B of Token Unlocks in June A wave of over $3.3 billion in newly unlocked tokens is set to hit the market this month—about 32% less than May, but still massive. Major contributors include Metars Genesis ($160M) . Unlocks can flood supply and impact asset prices—though staggered releases help absorb shocks . 2. Liquidity Clusters Around Key #BTC Levels ($104K–$110K) Traders’ “liquidation heatmaps” show thick clusters around $104 000 and $110 000, meaning leveraged positions are built up there. A breakout could spark a squeeze to $110K—or a drop if the lower band breaks .

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#TrumpVsMusk Trump threatened to revoke federal contracts with Musk's companies, including Tesla and SpaceX. Musk responded by suggesting the decommissioning of SpaceX's Dragon spacecraft, though he later appeared to reconsider. --- 📉 Market Impact The conflict has had immediate financial repercussions: Tesla Stock: Shares fell over 14%, erasing approximately $150 billion in market value. SpaceX Contracts: Around $22 billion in government contracts are now at risk, potentially disrupting U.S. space programs. Broader Markets: Indices like the S&P 500 and Nasdaq experienced declines amid investor concerns over the dispute's implications. --- 🌐 Trade and Economic Implications Musk's criticism of Trump's tariffs highlights potential global economic consequences: Recession Risks: Musk warned that the tariffs could trigger a U.S. recession by late 2025. International Trade: Countries like Australia may face indirect effects, such as increased tariffs and shifts in trade dynamics, due to the U.S.-China trade tensions exacerbated by the feud.

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#Liquidations #BTC $ETH $BNB $XRP In the past 24 hours, over $613 million worth of positions have been liquidated, predominantly from long positions. Such large-scale liquidations have intensified the downward pressure on cryptocurrency prices. #downtrend

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