By Crypto_-Nova
Bitcoin ($BTC ) is dancing on a tightrope 🎢 — retesting its 50-day Simple Moving Average (SMA) for the third time this month. You know what they say:
Once is chance. Twice is coincidence. Three times? That's a trend.
📉 On June 5, BTC bounced strong from $100.5K to $110K+.
📉 On June 17, the bounce was weaker — just $103K to $109K.
📉 Now? BTC is sitting right on top of that key SMA again… and bulls are looking tired.
🔍 What This Means:
If Bitcoin breaks below this critical line, it could trigger a bigger drop below $100K — a major red flag 🚩 for short-term momentum.
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🌀 $XRP at Risk: Is It About to "Pull a Dogecoin"? 😬
XRP is flirting with danger as it hangs by a thread at the bottom of the Ichimoku Cloud — a trend-based indicator traders use to catch momentum shifts.
💀 Even worse? The death cross is already here:
👉 The 50-day SMA has dropped below the 200-day SMA — a classic bearish signal.
If XRP closes below the cloud, just like DOGE did earlier this month, it could slide under $2, with $1.60 as the next key support.
Other coins like DOGE, $ADA , and LINK have already broken below their clouds... and the charts didn’t forgive them. ❌
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🧠 Final Thought
Both BTC and XRP are at make-or-break levels.
If the bulls don’t show up now, bears might take the wheel.
Stay sharp, fam — key moves ahead! 🕵️♂️📊
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