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Shadow Kokoon
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Why Did Bitcoin Drop After Hitting $108,899? Bitcoin dropped after hitting $108,899 due to a combination of technical and market-driven factors: The price reached a major Fibonacci extension target, which is a common level where traders expect resistance and potential reversals. This triggered high-frequency algorithmic sell orders, rapidly increasing selling pressure. At the same time, there was a bearish divergence in the Relative Strength Index (RSI), indicating that the rally was losing momentum and a correction was likely. Additionally, some analysts described the move as a "liquidity hunt," where the price was pushed up to trigger buy-stops and attract late buyers before reversing sharply2. These factors together made a correction almost inevitable after the all-time high. #FOMCMeeting $BTC
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Cardano Shows Signs of Recovery
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#solana $SOL Solana Pops 1.2% as ETF Odds Hit 90% and $63M Stake Signals Breakout. Signals Breakout Solana Pops 1.2% as ETF Odds Hit 90% and $63M Stake Signals Breakout Solana (SOL) up 1.2% to $152 as institutional activity and ETF hopes boost sentiment. Last updated: Tuesday, June 17, 2025 Quick overview Solana (SOL) has increased by 1.2% to $152, driven by institutional interest and optimism surrounding ETF approvals. Bloomberg analysts now estimate a 90% chance of Solana ETFs being approved, with multiple firms filing for ETFs, indicating strong investor interest. Galaxy Digital has staked $63.4M in SOL, contributing to a growing institutional support for the cryptocurrency. Technically, Solana is positioned for a potential breakout, with key price levels indicating significant movement could be imminent. Solana.#solana #solonapumping $SOL $BTC
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Dogecoin ($DOGE): Can the Original Meme Coin Finally Hit $1? Dogecoin ($DOGE), the trailblazing meme coin launched in 2013, continues to lead its category with a market cap of $28 billion. What began as a joke on early crypto hype has matured into a widely adopted asset with a loyal fanbase. DOGE tends to mirror Bitcoin’s price action, lending it a level of reliability not commonly found among meme tokens. Its popularity soared in 2021 thanks to celebrity backing from Elon Musk, Snoop Dogg, and Gene Simmons. Momentum returned in early May after a large-scale investor entry pushed prices toward $0.25. Now trading at about $0.1786 after rising 1% overnight, The DOGE Army will be hoping for a lot more gains as they anticipate a likely breakout this summer. Their bullishness is supported by a descending wedge formation—a bullish pattern that forms across Dogecoin’s falling support and resistance lines between November and April. If positive trends persist, DOGE could rally to $0.50 in the coming months—a gain of over 180% from current levels. …#Dogecoin #doge⚡ $DOGE $XRP $SOL
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$XRP Ripple (XRP) hit Q-2 $3.5.: Could This Cross-Border Crypto Favorite Set a New Price High This Year? Ripple’s XRP continues to gain traction as a linchpin between traditional financial systems and blockchain-based payment rails. Celebrated for its rapid transactions and low fees, XRP has attracted institutional interest—including from bodies like the United Nations—as a potential framework for compliant global remittance solutions. Additionally, XRP has also represented the whole industry and played a central role in a high-profile legal battle with the U.S. SEC, which saw a turning point in 2023 when a federal judge determined that its retail sales did not fall under securities law. The case concluded definitively this year with the SEC formally withdrawing its lawsuit after more than four years. It was a victory for the whole industry, since if the SEC had won, it could have applied the same logic to various leading cryptocurrencies, effectively banning them. With legal uncertainties cleared, confidence has returned, pushing XRP’s performance ahead of Bitcoin’s over the past year--logging a 367% rise compared to BTC’s 60%. The presence of a bullish flag across its price chart over Q1 means XRP could command a $3.50 price this summer, pending good crypto industry developments. This would surpass its all-time high of $3.40 from January 2018. #TrumpBTCTreasury #Xrp🔥🔥 #XRP’ $XRP $BTC
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