Update on the Market for High Net-Worth Individuals: Bitcoin Dominance ($BTC ) ➖➖➖➖➖➖➖ The BTC.D price was rejected at the resistance trend line of the ascending wedge pattern. A decline is expected, and if it continues to drop and breaks the wedge level - followed by a successful retest from below - that will be a bullish signal for altcoins, as Bitcoin dominance is usually inversely related to the market cap of altcoins. ➖➖➖➖➖➖➖ - Binance Killers® $BTC
🔥 **1. Launch of "Wallet AI" by Coinbase: A Revolution in Wallet Management** **What Happened?** - **Coinbase** launched the first AI-powered smart wallet (**Wallet AI**), which offers: - **Automatic Scam Detection**: Analyzes smart contracts and sends instant warnings if risks are detected (like "Rug Pull"). - **Tax Optimization**: Tracks your profits and automatically prepares tax reports based on your country. - **Automated Portfolio Management**: Balances between high/low-risk assets based on your investment profile.
**Impact**: - The price of **Coinbase stock (COIN)** rose by **15%** today. - AI-related coins such as **FET (Fetch.ai) and RNDR (Render)** surged **+20%** due to speculation. $FET
$XRP #Write2Earn #XRPRealityCheck #BinanceAlphaAlert Current Direction**: Neutral (Price between the upper Bollinger range **2.2578** and the lower **2.2233**). - **Momentum**: Short-term bearish (Negative MACD **-0.0015**). - **Trading Volume**: Low compared to average, indicating weak participation. - **STOCHRSI Indicator**: In the oversold region (**16.94**), may indicate a potential upward reversal soon. - **Buy Signals**: Emerged on **June 4**, but need confirmation from improved volume and indicators.
### **Recommendation**: - **Buy**: Wait for confirmation of a rebound (such as breaking **2.2578** with improved MACD). - **Sell**: If the price breaks **2.2233** with continued weakness in indicators. $XRP
1. **Key Technical Indicators**: - **Bollinger Bands (BOLL)**: - The current price (**105,704.68**) is close to the middle line (**105,846.59**), indicating a balance between buyers and sellers. - If the price breaks **resistance (UP: 106,358.98)**, it may target **106,794.67** (the recent peak). - If it drops below **support (DN: 105,334.19)**, it may head towards **105,031.60**.
- **Moving Averages**: - **MA(5) is less than MA(10)**, indicating short-term selling pressure. - Trading volume (**79.95**) is less than the 10-day moving average (**80.99**), which may indicate weakness in the movement.
- **Secondary Indicators**: - **MACD (DIF < DEA)**: Bearish signal, but the difference is small (**-11.84**). - **STOCHRSI (~53)**: Neutral (neither overbought nor oversold).
### 3. **Timing and Warnings**: - **"Price Protect!" Signal**: May indicate potential volatility. - **Signal Timing**: There is a **buy** signal dated **2025-06-03 22:45**, $BTC