#𝙁𝙐𝙉 𝙏𝙞𝙢𝙚 𝙝𝙖𝙨 𝙘𝙤𝙢𝙚 𝙩𝙤 𝙖𝙘𝙩 𝙞𝙛 𝙮𝙤𝙪 𝙬 | Crypto_kong on Binance Square

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#𝙁𝙐𝙉 𝙏𝙞𝙢𝙚 𝙝𝙖𝙨 𝙘𝙤𝙢𝙚 𝙩𝙤 𝙖𝙘𝙩 𝙞𝙛 𝙮𝙤𝙪 𝙬𝙖𝙣𝙩 100𝙭 𝙧𝙚𝙩𝙪𝙧𝙣𝙨

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𝙥𝙡𝙚𝙖𝙨𝙚 𝙡𝙞𝙠𝙚 𝙖𝙣𝙙 𝙛𝙤𝙡𝙡𝙤𝙬

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#FOMC 𝙁𝙚𝙙𝙚𝙧𝙖𝙡 𝙍𝙚𝙨𝙚𝙧𝙫𝙚 𝙄𝙣𝙩𝙚𝙧𝙚𝙨𝙩 𝙍𝙖𝙩𝙚𝙨 𝙍𝙚𝙢𝙖𝙞𝙣 𝙐𝙣𝙘𝙝𝙖𝙣𝙜𝙚𝙙 𝙁𝙤𝙡𝙡𝙤𝙬𝙞𝙣𝙜 𝙁𝙊𝙈𝘾 𝙈𝙚𝙚𝙩𝙞𝙣𝙜 At the FOMC meeting, the Fed decided to keep rates steady, but scrapped the risks of higher unemployment and inflation in latest statement. The Fed has decided to keep interest rates steady at the benchmark 4.25% to 4.5%. This is the fourth consecutive time Powell and the FOMC are opting against a rate cut. Based on assessments, there are projections of two rate cuts this year, totaling 50 basis points.

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#CRCL 𝘾𝙞𝙧𝙘𝙡𝙚 𝙎𝙩𝙤𝙘𝙠 (𝘾𝙍𝘾𝙇) 𝙎𝙚𝙩𝙨 𝙉𝙚𝙬 𝘼𝙡𝙡-𝙏𝙞𝙢𝙚 𝙃𝙞𝙜𝙝 𝘼𝙛𝙩𝙚𝙧 𝙂𝙀𝙉𝙄𝙐𝙎 𝘼𝙘𝙩 𝙋𝙖𝙨𝙨𝙖𝙜𝙚 Hours after the US Senate passed the landmark GENIUS Act, Circle Stock CRCL has set a new all-time high in a meteoric rally Circle stock (CRCL) has gained over 30% in a single day, setting a new all-time high in a rally buoyed by renewed enthusiasm for stablecoins in the U.S. Shares of the stablecoin issuer spiked after the U.S. Senate voted in favor of the widely anticipated GENIUS Act. Circle’s CRCL has surged to set a new peak in a dizzying rally that has puzzled investors. The mid-week rally sees CRCL climb by 33% over the last day to trade at $199.59, an all-time high for the Circle stock. According to market data, trading volumes for the stock have risen in tandem with prices, as investors show a growing appetite for CRCL. Circle has demonstrated strong price performance over the last day, rising from a daily low of $148 to a record high.

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#Shiba 𝙎𝙝𝙞𝙗𝙖 𝙄𝙣𝙪 𝙋𝙧𝙞𝙘𝙚 𝙎𝙞𝙜𝙣𝙖𝙡𝙨 70% 𝙍𝙚𝙗𝙤𝙪𝙣𝙙 𝙖𝙨 𝙊𝙥𝙚𝙣 𝙄𝙣𝙩𝙚𝙧𝙚𝙨𝙩 𝘾𝙧𝙖𝙨𝙝𝙚𝙨 Shiba Inu price is slowly forming a highly bullish double bottom pattern, which could lead to more upside soon. Shiba Inu price continues its downward trend today, June 18, as the ongoing crypto market crash accelerates. SHIB, the second-biggest meme coin, has dropped by 35% from its highest point in May. It is slowly forming a rare double-bottom pattern, signaling a potential rebound as its volume and open interest falls. Shiba Inu price trades at $0.00001157, its lowest point since April 9. The daily timeframe shows that the coin has dropped below the 50-day and 100-day Exponential Moving Averages, a sign that bears have prevailed. The Relative Strength Index (RSI) has continued its downtrend and is nearing the oversold level of 30. A falling RSI and a rising Average Directional Index (ADX) is a sign that Shiba Inu’s downtrend is gaining strength. Therefore, this pattern signals that the SHIB price may keep falling in the next few days. On the positive side, there are signs that the coin is slowly forming a double-bottom pattern whose lower side is at $0.00001030. A double bottom closely resembles a W pattern and signals that an asset has tested a support twice before rising. In addition to the two distinct bottoms, the pattern also comprises of a neckline, which in this case, is at $0.00001765. Therefore, the most likely SHIB price forecast is where it drops and retests the support at $0.00001030, and then bounces back. If this rebound happens, the next target price to watch will be at $0.00001765, the neckline, which is about 70% above the double bottom level.

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