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#Alert🔴 🚨 Crypto Crash Alert! 📉 $BTC plummets to $114,000, hitting a July low after peaking at $123,000. Altcoins lead the dive, with $751M in liquidations in 24 hours! 😱 Ethereum -6.4%, Solana & XRP -7%+. Overleveraged longs wiped out ($705M), with Binance & Bybit taking the biggest hits. Fear & Greed Index drops to neutral. 📊 Despite the dip, BTC’s still up 8% in July. Will it hold $113,500 support or slide to $110,000? 👀
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#CryptoTrading. 📊 Technical analysis (1 hour) $PSG /USDT 1. Price and trend: • Current price: 1,759 USDT (+6.16% per day). • The graph shows an upward trend with a noticeable increase in recent hours. The last candle pattern indicates a strong bovine movement. 2. Medium Sliding (MA): • MA (5): 209.846.66 - short-term average supports upward movement. • MA (10): 117.068.98 - also confirms the trend, although the difference between MA5 and MA10 indicates acceleration of growth. • The price is above both averages, which is a bullish signal. 3. Bollinger Bands (20, 2): • Upper line (up): 1.729, middle (MB): 1.675, lower (DN): 1.621. • The price broke the upper limit of Bolinger (1.759> 1.729), which may indicate overbought or continued trends with a strong volume. 4. MACD: • DIF: 0.014, DEA: 0.006, MACD: 0.008. • The positive value of the MACD with the discrepancy between DIF and DEA indicates a bovine moment, but the proximity to zero may indicate a possible correction. 5. Stochastic RSI: • StochRSI: 94.313, MastochRSI: 72.987. • High values (> 80) indicate overpurchase, which may warn of possible bounce or correction. 6. Volume (Volume): • Current volume: 167 751.92 - a significant increase in volume accompanies the upward movement, which confirms the strength of the trend. ⚠️ Conclusion: • Positive scenario: trend ascending, volume supports movement, price pierced top Bolinger. It is possible to continue growth with the support of the volume. • Negative scenario: overbought (Stochastic RSI > 90) and going beyond Bolinger can signal correction to level 1.729 (UP) or 1.675 (MB). • Recommendation: Observe the volume and level of support about 1.729. If the volume falls, you should expect correction.
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#MichaelSaylor US Crypto Clarity Push Gains Momentum. Michael Saylor joins the crypto industry’s call for a clear US taxonomy to define digital assets, securities, and commodities. Speaking on Strategy’s Q2 earnings call, Saylor emphasized the need for rules on tokenizing securities and distinguishing digital assets. The White House and SEC are responding, with the SEC’s Paul Atkins noting companies are eager to tokenize but face regulatory hurdles. Congress is set to review the Digital Asset Market Clarity Act in September, which Saylor believes could unlock tokenization for millions of businesses. Meanwhile, Robinhood is betting big on tokenization to democratize private markets, though its efforts, like issuing OpenAI and SpaceX-like tokens in Europe, have faced legal scrutiny.
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#cryptotradingpro 🚨 $XRP Price Update: Potential Crash to $2.15 Looms if Buyers Lose Steam 📉 $XRP hit a 7-year high above $3.6, driven by strong buys, but bearish market sentiment and declining trading volume signal trouble ahead. Crypto analyst Thecafetrader warns of a possible drop to $2.95 or even $2.15-$2.3 if buyer conviction falters. 📊 Despite low selling pressure, the lack of “real” sellers could still allow a recovery to $4.64 if bulls step up. However, trading volume has plummeted from $78B in 2024 to just $41B at recent highs, showing weaker interest. 💡 Key levels to watch: 📈Bullish: $4.64 📉Bearish: $3.13, $2.95, $2.15-$2.3 (entry point), $1.60-$1.93 (steal) Will buyers hold the line, or is a crash coming? Stay sharp, XRP holders! 🔍
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#CryptoTrading. 📊Technical Analysis (1 hour) $PEPE /USDT 1. Price and Trend: The current price is 0.00001065 USDT, indicating a decrease of 7.87% over the period. The chart shows an overall downtrend with a noticeable peak around 0.00001166, after which the price started to decline. 2. Bollinger Bands (20, 2): The price is approaching the lower limit (DN: 0.00001043), which may signal oversold conditions. The middle line (MB: 0.00001102) serves as a resistance level, and the upper limit (UP: 0.00001161) is a potential level for a rebound. 3. Moving Averages (MA): • MA(5): 482 117 861 487 — the short-term trend looks bearish. • MA(10): 682 029 824 165 — the medium-term trend also indicates a decline. These values indicate weakness of buyers and dominance of sellers. 4. MACD: DIF (-0.00000020), DEA (-0.00000017), MACD (-0.00000003) — all values are negative, which confirms a bearish (gloomy) trend. Convergence of MACD to zero may indicate a possible exhaustion of the decline. 5. Stochastic RSI: STOCHRSI (8.90384150) and MASTOCHRSI (10.69277153) are in the lower zone, which also indicates oversold. This may be a signal for a possible upward reversal if the index breaks out of this zone. ⚠️Conclusion: Currently, the PEPE/USDT market is in a downtrend with signs of oversold. Possible scenarios: a rebound from the lower Bollinger Bands or a further drop to the level of 0.00001043. It is recommended to monitor changes in the Stochastic RSI and trading volume (currently 267,359,029,706) to confirm a reversal.
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