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why market is bleeding?
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haadi_64
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The current cryptocurrency market is experiencing a downturn, with the global crypto market cap decreasing by 3.10% to $3.8 trillion. Bitcoin dominance stands at 61.5%, while Ethereum dominance is at 11.2%. Here's a breakdown of the market¹: - Top Cryptocurrencies:* - Bitcoin (BTC)*: $117,557.50, -0.76% in the last 24 hours - Ethereum (ETH)*: $3,541.52, 4.12% increase in the last 24 hours - XRP*: $3.04, 12.47% surge in the last 24 hours - Market Sentiment:* - The Fear & Greed Index isn't available for today, but market volatility is evident with some traders predicting a potential drop in Bitcoin's price. - Trending Cryptos:* - Polkadot Ecosystem*: Showing significant gains - XRP Ledger Ecosystem: Also experiencing notable growth Some analysts predict a potential bull run for certain cryptocurrencies, such as - *Cardano (ADA)*: Targeting $2.30 with potential to surpass Ethereum - *Shiba Inu (SHIB)*: Mirroring 2023 patterns, targeting $0.0000456 However, others caution about the potential end of the altcoin bull market due to Bitcoin dominance trends. It's essential to stay informed and monitor market trends fo making informed investment decisions.³
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market is on periods🤡 So much bleeding #MarketPeriods $BNB $BTC $ETH #CryptoScamSurge
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$ZRO ☠️
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#Toncoin will continue in this pattern for days, can be weeks or even months; but at one point, there will be a major advance producing such amazing growth. Consider Bitcoin Cash on the daily timeframe for an example. There is one more thing we need to do but I will leave this for a different publication. We need to consider the true all-time high potential. As you might be aware, we've been looking together at "conservative" and "easy" targets for the next high and bullish wave, we are leaving this approach behind. Now it is wise for us to consider 'true' potential, 'optimistic' and 'real' targets, the highest possible, etc. So we are going to be looking at how far up Toncoin can go in the coming years and months. $TON
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LayerZero (ZRO) is currently trading at $1.99, with a market capitalization of $622.93 million. Let's dive into the analysis: *Key Indicators:* - *RSI:* At 67.24, the Relative Strength Index indicates strengthening momentum without overbought conditions, providing room for further upside. - *MACD:* A bullish crossover signals potential continuation of the upward trend. - *Bollinger Bands:* ZRO is positioned at 86.36% of the band range, suggesting a potential breakout or pullback toward the middle band at $2.06. *Support and Resistance Levels:* - *Immediate Support:* $1.74, with stronger backing at $1.49. - *Resistance Levels:* $2.41 and $2.42, with a major hurdle at $2.43. *Moving Averages:* - *Short-term:* ZRO trades above SMA 7 ($2.26), SMA 20 ($2.06), and SMA 50 ($2.00), demonstrating short-to-medium term bullish momentum. - *Long-term:* Price remains below SMA 200 ($2.76), suggesting the longer-term trend still requires confirmation. *Predictions:* - *Short-term:* ZRO could reach $2.40 in the next 10 days. - *Long-term:* Predictions for 2025 indicate a potential high of $5.88, while 2030 predictions suggest a price of $14.37.¹ *Market Sentiment:* - *Bullish:* 51% bullish sentiment observed on July 23, with 18 technical analysis indicators showing bullish signs. - *Bearish:* 49% bearish sentiment, with 17 indicators showing bearish signs.² Based on the analysis, ZRO's chart pattern suggests cautious optimism for the next 24-48 hours. Traders should watch for a breakout above $2.42 or a healthy pullback to support levels. $ZRO $ETH $BNB #BTRPreTGE #CryptoClarityAct #BNBBreaksATH
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