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#XSuperApp 🚨 Elon Musk X platform is transforming very first and as per now they are planning to launch investment and trading features as part of its push to become an all-in-one"super app".This will enable it's users to be able to make payments,invest and trade within the X platform,with a credit or debit card possibly launching later this year.As a result this will bring impact to crypto market by attracting many users to use X for payments and trading 🚀
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#SwingTradingStrategy 📢🚨 Ethereum (ETH) has seen a significant downtrend in the last 24 hours, currently trading around $2,400-$2,420, representing a drop of approximately 3-5%. This movement comes after it was hovering around $2,500 and faced rejection from higher resistance levels, notably around $2,750-$2,850 in recent days. For swing traders, the current price action suggests a bearish short-term outlook. Key levels to watch: * Resistance: $2,500-$2,540 (previous support now resistance), $2,614, and $2,678. * Support: $2,380-$2,400 is crucial. A breakdown below this could lead to further declines towards $2,490 and potentially $2,450-$2,455.
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$BTC 🚨📢 Bullish pressure persists for $BTC! With strong support around $103,300 (50-day EMA) and a recent symmetrical triangle breakout, the path to $107,000+ appears to be in play. Dips could be opportunities as the market seeks momentum for further highs.
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#FOMCMeeting 🚨🚨 its latest FOMC meeting, maintaining the benchmark interest rate at **5.25%-5.50%** for the seventh consecutive meeting. While inflation remains elevated, Chair Jerome Powell signaled growing confidence in the disinflationary trend, hinting at potential policy adjustments later this year. Key Takeaways: 1. **"Higher for Longer" Persists:** Rates remain at a 23-year high as the Fed seeks "greater confidence" inflation is sustainably moving toward its 2% target. 2. **Slower Balance Sheet Runoff (QT):** Starting in July, the Fed will reduce the pace of its Treasury securities roll-off from $60 billion to $25 billion monthly—a move to ease liquidity pressure without halting contraction.
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