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#TrendingCoinAnalyst# Analyst warns: Bitcoin price signs are showing decline An analyst who believes Bitcoin is headed for a bearish trend during the current consolidation and who correctly predicted the cryptocurrency crash three years ago says the market should be watched closely. The analyst, known as Dave the Wave, tells his 148,300 followers on social media platform X that he is following the Moving Average Convergence Divergence (MACD) indicator on Bitcoin’s weekly chart. The MACD indicator is used by traders to determine the direction of an asset and identify potential entry and exit points.
$XRP Brazil is set to launch the world’s first XRP-based exchange-traded fund, beating the US
The first XRP forex exchange-traded fund (ETF) is set to officially debut on the Brazilian stock exchange after the Brazilian Securities and Exchange Commission (CVM) approved Hashdex’s application.
#dogecoin Dogecoin price threatens to collapse from current support level, after undergoing two H4 tests. Cryptocurrency expert UB reveals what to watch as cryptocurrency continues
In a post by X, UB emphasized that Dogecoin’s price is not looking good and hinted that the major meme coin is vulnerable to a breakdown below key support levels. He noted that with the rejection from .285, there is a clearer picture of where to look for a potential bounce. However, the analyst added that he would currently consider the price action to be unstable until .239 or .285 is broken.
Investment opportunities worth following 🚀 In the cryptocurrency market, not all gains mean long-term investment opportunities. Some coins rise as a result of speculation, while others have strong projects that support their sustainable growth. Based on the attached image, here are the top 3 cryptocurrencies in terms of projects that may be worth your attention!