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๐๐๐ 10 ๐๐๐๐๐๐พ๐๐ ๐ฝ๐ โ๏ธ๐พ๐๐ผ๐๐๐ ๐๐๐๐ฆพ๐ฆพ๐ฆพ
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#Xrp๐ฅ๐ฅ Trade XRP now . . strong bearish sentimentsโคโคโคโค$XRP ๐ผ๐ฃ๐๐ก๐ฎ๐จ๐ฉ ๐๐ฅ๐ค๐ฉ๐จ ๐ฟ๐๐๐ฉ๐ ๐พ๐ง๐ค๐จ๐จ ๐ค๐ฃ ๐๐๐ ๐๐ง๐๐๐ ๐๐จ ๐๐ญ๐๐๐๐ฃ๐๐ ๐๐ฃ๐๐ก๐ค๐ฌ๐จ ๐๐ช๐ง๐๐ โ ๐๐จ ๐ผ ๐พ๐ง๐๐จ๐ ๐ผ๐๐๐๐ ? XRP price trades at $3.01 today, August 4, with a 5.11% increase in 24 hours. Despite the gains, an MVRV death cross has come up. At the same time, exchange inflows are rising, a move that now draws the question: is $4 still likely? Letโs explore. XRP might be gaining today because of soaring odds of September rate cuts, but headwinds remain. Analyst Ali Martinez notes that the Market Value to Realized Value (MVRV) has created a death cross. This signal can be seen with the move of the 50-day SMA below the 200-day SMA. The MVRV shows whether holders are sitting on profits or losses. Right now, the crossover suggests that those who bought XRP in the last 50 days are seeing less gains than long-term holders. When short-term holders are in the red like this, there is a higher chance they might sell. Data from Coinglass shows that for five days, coins have been flowing from exchanges. This changed on Sunday, when netflows became positive at $27 million. Today, the trend is still the same, considering the $15 million inflows at press time. This means that in two days, there have been 44 million XRP going to exchanges. These coins were not in the picture even during last weekโs dip. That means that the XRP price might continue to bleed. The ADX line is also the other reason why bears have to be concerned. When it is dropping like it is doing presently, it shows that the drop contained in the falling wedge is weak. Hence, the XRP price might avert the crash alluded to by the MVRV. This also makes $4 a possible target to reach.
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#BTCPrediction Trade Btc now . . bull Run confirmedโคโคโคโค$BTC ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐๐ง๐๐๐ ๐๐ง๐๐๐๐๐ฉ๐๐ค๐ฃ ๐ผ๐จ ๐๐๐ฅ๐ฉ๐๐ข๐๐๐ง ๐๐๐ฉ๐ ๐พ๐ช๐ฉ ๐๐๐๐จ ๐๐ค๐๐ง ๐ฉ๐ค 87% โ ๐ผ๐ฃ๐๐ก๐ฎ๐จ๐ฉ๐จ ๐๐ฎ๐ $124๐ ๐๐๐ญ๐ฉ? Bitcoin price has opened the week trading at $114,505 today, August 4. BTC did not leave much of a CME gap over the weekend to be filled, meaning there is room for the price to recover. Analysts believe that the price might reach resistance soon and possibly break out to $124,000 as odds for the Federal Reserve trimming interest rates in September surge. The odds of the Fed trimming rates next month are soaring. Data from the CME Fedwatch shows that 87% of investors are of the belief that a 25-basis-point cut will happen. If this does happen, the new interest rate will be between 4% to 4.25%. The last time the Fed reduced rates was in December 2024. When the rates are reduced, the risk appetite among investors increases. The dollar drops, but investors usually take it as a green light that the economy is faring well. Therefore, the Bitcoin price might record a good rally in September. The rally might start earlier in the days leading up to the meeting on September 17. This is because traders usually frontrun such events such that by the time they happen, it is already priced in. Hence, even if BTC price is down right now, it might just be a temporary pullback. Analysts seem to share this belief, with speculations of how much further the king coin is going to surge In short, the next six weeks could be quite eventful for Bitcoin. If the Fed follows through with the rate cut that many are betting on, it would not be a stretch to see Bitcoin push toward the $124,000 mark.
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#Pi Trade Pi now . . bull Run is comingโคโคโคโคโค ๐๐ ๐พ๐ค๐๐ฃ ๐๐ง๐๐๐ ๐๐ง๐๐๐๐๐ฉ๐๐ค๐ฃ ๐ผ๐จ ๐๐ฎ๐จ๐ฉ๐๐ง๐๐ค๐ช๐จ ๐๐๐๐ก๐ ๐ฝ๐ช๐ฎ๐จ 350๐ ๐๐ค๐ ๐๐ฃ๐จ- ๐ฝ๐ค๐ก๐ก๐๐ฃ๐๐๐ง ๐ฝ๐๐ฃ๐๐จ ๐๐๐ฃ๐ฉ ๐๐๐๐ค๐ซ๐๐ง๐ฎ ๐ฉ๐ค $0.53 Pi Coin price trades at $0.354 today, August 4, with a 2.94% drop in 24 hours. It reached its lowest price of $0.32 on Friday, but with Bollinger bands expanding, there is the question of whether this means recovery will happen. During the second week of May, Pi Coinโs Bollinger bands started to expand. Afterwards, the price of Pi Network surged by more than 65%. In fact, it moved from $0.58 to $1.67 within five days. This expansion is happening again. Right after the Pi Coin price reached its lowest level of $0.32 on Friday, the divergence between the lower and upper bollingers started increasing. If what happened in May is anything to go by, it means that the Pi Network price is at a crucial juncture. Replicating the 65% rally that happened in May means Pi Coin will get to $0.584. However, gains do not happen the same way that they did in the past. What this means is the tokenโs most probable move would be a climb toward the 61.8% Fibonacci. This level sits at $0.58. The RSI is favoring this forecast. Given that it is oversold, sellers do not have much juice left in them. When they are not dumping, the price might flatten around its newest low levels. This could look like a new bottom has been found. When this whale is buying at such a speed, it might minimize the impact of the tokens that are going to be unlocked this month. More than 155 million PI tokens will be moved from their locked status in August alone.
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๐๐๐ 7 ๐๐๐๐๐ ๐๐๐๐๐พ๐๐ ๐๐ ๐๐๐พ๐๐๐๐๐ ๐๐๐๐. ๐โคโคโคโค๐๐๐๐
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#ETHENA Trade ENA now . . bullish trend ๐ฆพ๐ฆพ๐ฆพโคโคโคโค$ENA ๐๐ฉ๐๐๐ฃ๐ ๐๐ง๐๐๐ ๐๐๐ค๐ค๐ฉ๐จ 14% ๐ผ๐๐๐๐ ๐ค๐ ๐๐๐จ๐จ๐๐ซ๐ $100๐ ๐๐ค๐ ๐๐ฃ ๐๐ฃ๐ก๐ค๐๐ , ๐๐๐ก๐ก-๐๐๐ ๐ผ๐๐๐๐? ENA, the native cryptocurrency of Ethereum-based synthetic dollar protocol Ethena, has surged by 15% in the last 24 hours, as its USDe stablecoin becomes the third-largest in the category after Tetherโs USDT, and Circleโs USDC. On-chain data shows a massive 75% surge in USDe supply on Ethereum, over the past month, showing strong demand in the decentralized finance (DeFi) space. Ethena price is once again trading above $0.61 following todayโs upside. Ethenaโs USDe stablecoin has seen a sharp rise in adoption, with supply growing 75% over the past month to reach $9.3 billion, according to data from DeFiLlama. The increase has pushed USDe past FDUSD to become the third-largest stablecoin by market capitalization, trailing only Tether (USDT) and USD Coin (USDC). Over the past month, the USDe market cap has soared by a staggering 75%. Furthermore, the synthetic dollar protocol announced working on a USD-compliant stablecoin following the passing of the GENIUS Act last month. Furthermore, the Ethena DeFi protocol is seeing a major boost, climbing to the sixth spot with total value locked (TVL) now crossing $9.47 billion. The protocolโs rapid growth is being driven by high yields and recent integrations, attracting a mix of risk-seeking DeFi users and more conservative stakers. Todayโs Ethena price rally, despite $101.87 million in ENA token unlocks this week. Thus, investors should prepare for volatility moving ahead. As per the data from CryptoRank, Ethena has the biggest token unlocks this week, which might introduce some selling pressure.
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