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Lily Smith
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$BICO
/BTC on the 4-hour chart shows strong bearish momentum, with the price now testing the lower Bollinger Band. A break below current support could lead to further downside.
Exercise caution.
#BICO
#Write2Earn
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BICO
0.1063
+6.30%
BTC
109,519.54
+3.81%
426
0
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$XRP USDT chart on Binance still paints a concerning picture. The price has been struggling to break convincingly above the Bollinger Band middle line (purple), suggesting continued downward pressure. The current bounce appears to be losing momentum, and with the overall trend remaining bearish since late May, a retest of lower support levels, possibly even the 2.05 mark, seems increasingly likely. Traders should exercise caution. #XRP #Write2Earn
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$HUMA /USDT: HUMA/USDT's rally appears to be losing steam. After a decent run, the price is now pulling back sharply from the upper Bollinger Band, indicating potential overextension. This could be a sign of exhaustion among buyers, and the recent red candles suggest sellers are stepping in. If HUMA breaks below the middle Bollinger Band, we could see a more significant correction. Bearish sentiment might be taking over. #HUMA #Write2Earn
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$RVN USDT is showing strong bullish momentum! After a significant surge, the price has found support near the middle Bollinger Band and is now pushing higher. This rebound from the midpoint, coupled with the overall upward trajectory since the recent bounce, suggests that buyers are in control. If RVN can maintain this level and potentially break above the recent highs, we could see a continued strong uptrend. Keep an eye on this one! #RVN #Write2Earn
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$ETH USDT chart: Despite some recent green candles, Ethereum (ETH/USDT) remains under significant bearish pressure. The price is consistently failing to break above the middle Bollinger Band, which is acting as strong resistance. This, combined with the established downtrend since late May, suggests that the current bounce is likely a temporary relief rally rather than a sustained recovery. Watch for a rejection at this resistance level and a potential continuation of the downtrend towards the lower Bollinger Band. #ETH🔥🔥🔥🔥🔥🔥 #Write2Earn
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$ETH USDT: Ethereum's current rally is looking like a dead cat bounce. ETH/USDT is struggling to break above the middle Bollinger Band, a key resistance level. With the price still well below its late May highs and a clear downtrend visible, the recent green candles might just be a temporary reprieve before another move lower. Watch for a rejection from the middle band, which could signal further downside towards the lower band or even a retest of recent lows. #Ethereum #Write2Earn
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