$CFX is seeing increased volume and approaching a potential | Femifire on Binance Square

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$CFX is seeing increased volume and approaching a potential breakout. If the breakout holds, a move of over 70% could follow.#TrumpTariffs 

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Shiba Inu has risen 12% in the past week, reaching $0.00001374 with an $8 billion market cap, now ranking 22nd among cryptocurrencies. The $SHIB burn rate surged 181% in 24 hours, removing over 821,000 tokens from circulation. On-chain data shows increased whale activity, with large holder outflows jumping from 183 billion to 359.6 billion SHIB between August 7-9. Analysts suggest a breakout above $0.00001553 could push SHIB toward higher resistance levels, while failure to clear this may lead to consolidation. Technicals show a descending triangle pattern, with tightening Bollinger Bands hinting at potential volatility. The MACD hints at a bullish crossover, while the RSI (56.19) suggests room for further upside. A positive Chaikin Money Flow (0.04) indicates mild buying pressure. #BTCReclaims120K

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$SHIB is trading around $0.00001336, down 2.70% in the past 24hours after facing rejection at the $00001400 resistance level, a zone that’s often capped upward movement. The price is still moving within a descending triangle, with major support near $0.00001180 and a downtrend line holding rallies back. Short-term indicators like the Supertrend and RSI suggest bearish momentum, with RSI nearing oversold. If SHIB breaks below $0.00001300, it could drop further toward $0.00001270 or even $0.00001180. However, if support holds, a rebound toward $0.00001377 or $0.00001400 is possible. A decisive move above $0.00001600 would be needed to confirm a bullish breakout, but for now, SHIB remains range-bound with potential for both a bounce or further dip depending on how support levels hold. #ETH4500Next?

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BTC/USDT Analysis $BTC is showing signs of strength as it rebounds from a key horizontal support/resistance level. The recent break above the descending trendline, supported by strong volume, indicates growing bullish momentum. A confirmed breakout above the current horizontal resistance zone could signal the start of the next upward move. #ETH4500Next?

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$PEPE is trading around $0.00001249 after breaking key resistance at $0.00001130, now acting as support. The 4-hour chart shows a bullish EMA alignment, with the 20 EMA ($0.00001129) providing dynamic support. Key Levels: - Resistance: $0.00001320–$0.00001350 (next target) - Support: $0.00001200, then $0.00001130 Technical Indicators: - RSI near 70 (overbought but no divergence) - MACD bullish, Supertrend flipped positive - Bollinger Bands expanding, suggesting volatility Short-Term Scenario: - Bullish Case: Break above $0.00001350 could push toward $0.00001450. - Bearish Case: Drop below $0.00001130 may retest $0.00001050. Current momentum favors upside, but overbought RSI and key resistance ahead suggest caution. #ETH4500Next?

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$LINK is testing a key symmetrical triangle pattern formed since 2021, with potential breakout targets at $31.87, $52.30, and $86.15 if upward momentum continues. Recently, LINK surged 8.3% to $21.5, ranking as the 11th-largest crypto with a $14.6B market cap. Market trends show mixed signals: large outflows from exchanges in late 2023 coincided with a price drop, while recent inflows align with LINK climb toward $25. Technicals indicate bullish momentum, with RSI at 69.72 (near overbought) and MACD reinforcing upside potential. However, overbought conditions could lead to short-term consolidation. The next resistance sits near $22. #ETH4500Next?

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