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#cryptotradingpro 📈Chainlink ($LINK ) Update: Massive Breakout or 15% Dip Incoming? Chainlink ($LINK) is testing a critical support zone at $23.5 after a 10% drop from its eight-month high of $27.87. Despite slipping below $25, analysts remain bullish as long as LINK holds above this key level. AltCryptoTalk notes LINK’s rising channel pattern, suggesting long setups on bearish corrections. SBI Group’s $200B partnership with Chainlink to power tokenized assets using CCIP, SmartData, and Proof of Reserve adds fundamental strength. Analyst Ali Martinez sees a 280% breakout to $95-$100 after a potential dip to $20, based on a four-year symmetrical triangle. Rekt Capital emphasizes stability above $23.86 for the rally to continue, with a deeper pullback to $19.41 possible if it fails. LINK currently trades at $23.52, down 8.5% this week. Will it hold support or face a deeper correction before the breakout?
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#cryptotradingpro $PEPE Faces Bearish Pressure as Whales Exit and Technicals Signal Drop to $0.00000900 🐸📉 $PEPE struggles after a 10% drop, barely recovering 1% to hover below $0.00001000. On-chain and derivatives data spell trouble: 🐳 Whale Exit: Large holders (100M–1B PEPE) down to 41,058 from 41,506; 1B+ wallets at 9,725 from 9,815. Only 37.6% of supply in profit—lowest in 2 months (Santiment). 📊 Derivatives Weakness: Open interest -8% to $556.9M, negative funding rates (-0.0168%), and long/short ratio at 0.89 show short bias (CoinGlass). 📈 Technicals Bearish: Death cross looms (50/100-day EMAs nearing 200-day EMA). MACD negative, RSI at 40. PEPE risks falling to $0.00000900 unless bulls reclaim $0.00000986 resistance. 🚀 What’s Next? A strong close above $0.00000986 could eye $0.00001115 (200-day EMA). Until then, bears rule.
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#AvalancheAVAX 🚨 Grayscale is bringing Avalanche ($AVAX ) to Wall Street with a new trust! 📈 Grayscale Investments has filed with the SEC to launch the Grayscale Avalanche Trust, aiming to trade on Nasdaq and track AVAX’s price. No need to hold the token directly—Coinbase Custody handles storage, with Coinbase, Inc. as prime broker. 🤝 Following the success of their Bitcoin and Ethereum trusts, Grayscale is betting on AVAX to attract institutional investors. If approved, this could be a game-changer for Avalanche’s visibility and adoption in traditional finance. 💸
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#Shibalnu 🚨 Shiba Inu Burn Rate Plummets 94% 📉 According to Shibburn, the $SHIB burn rate has taken a massive hit, dropping 94.05% over the past week, with only 9,434,807 SHIB removed from circulation. The daily burn rate is even worse, collapsing 95.46% with just 169,895 SHIB burned. 😱 Despite this, SHIB’s price has shown resilience, rebounding 3.25% after a sharp 12.38% drop. Currently trading at $0.00001210, SHIB is navigating volatile waters. 📈📉 Can the Shiba Inu community reignite the burn momentum? 🔥 Stay tuned for updates!
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#stellar 🚀 Stellar ($XLM ) poised for a $1 breakout? 📈 Analyst Ali Martinez spots an inverse head & shoulders pattern with a $0.50 neckline. Support at $0.36 is key—hold it, and targets of $0.62, $0.82, $0.94, or even $1.10 could be next! 🎯 📊 RSI at 44 shows neutral momentum, and MACD hints at fading bearish pressure. Trading volume dipped 10% to $465M, with short liquidations dominating. 🛑 🇺🇸 ETF buzz: A new Canary American-Made Crypto ETF filing could boost XLM’s institutional appeal. Is it time to buy the dip? 👀
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