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paul_endeo

Grayscale Investments announced the creation and launch of Grayscale Avalanche Trust along with 20 other crypto investment products, including Solana, Litecoin, Stellar, Zcash, Chainlink, etc. Hence, the positive market sentiments have lit up as the AVAX price makes a bullish move towards the interim resistance zone between $28.29 and $30 from the lows below $20....

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XRP broke above the immediate resistance of $0.58 on Aug. 19, clearing the path for a rally to $0.64. The 20-day EMA ($0.57) has started to turn up gradually, and the RSI is in the positive territory, indicating that the bulls have a slight edge. If bulls overcome the $0.64 resistance, the XRP/USDT pair is likely to pick up momentum and rally toward $0.74. The...

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DOGE attempted to rise above the 20-day EMA ($0.10) on Aug. 20, but the bears did not relent. However, the bulls have not given up and are again trying to drive the price above the 20-day EMA on Aug. 21. If they can pull it off, the DOGE/USDT pair may rise to the 50-day SMA ($0.11) and after that to the downtrend line. Instead, if the price turns down from the...

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The BTC price yet again tested the resistance at $60,000 and is trying very hard to sustain above the gains. The bullish probability has emerged with the expectation of reclaiming the upper targets, which may pave the way for the token to rise towards new highs. The price has been constantly failing to rise above the resistance since the start of the month....

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Toncoin hits record high daily active addresses, but is TON a ‘bubble’? – analysis by AMBCrypto The TON Masterchain has reached a record of 946 daily active addresses, a 7x increase since July 2021, as Kyledoops noted on X (formerly Twitter). This growth reflected rising network activity, the expansion of dApps and work chains, and potential higher demand...

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Polygon (MATIC) has been among the top five outliers on the daily and weekly price charts. Since last Friday, MATIC has risen by nearly 20%, while the rest of the market has remained sideways. That’s not all though as in what is now a new update, Polygon will change its native token from ‘MATIC’ to ‘POL’ on 4 September. The exchange ratio will be 1:1 for MATIC...

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The 22% drop in Shiba Inu’s price over the last 24 hours results from bearish investors and similar market conditions. Signs of SHIB holder’s negative sentiment became evident following the shift in funding rate. The funding rate indicates that SHIB investors have been anticipating a decline, with their expectations aligning with the recent drop in price. Their...

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Pepe (PEPE) was unable to hold on to the fair value gap as a support zone. It crashed straight through it, reaching the local lows at $0.000008 once more. This was the level that saw the meme coin bounce after the early July losses. The fair value gap (black) that PEPE left during its rally to $0.000013 did little to halt the bearish pressure. The $0.00008 and...

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Solana (SOL) has been oscillating between $116 and $210 for several months, indicating buying on dips and selling on rallies. The price rebounded off the solid support at $116, signaling that the bulls are active at lower levels. The SOL/USDT pair could reach the moving averages, which are the key resistance level to keep an eye on. If the price turns down from...

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Ethereum (ETH) plummeted to the January lows over the past few hours. Its descent below $2.9k was followed by a 27.5% drop over the next 12 hours. At press time, ETH has bounced to $2366 from the $2.1k lows, a 12.17% bounce. The smart money that bought close to $20 million when prices were at $2.9k and $3.1k has not been correct this time, smudging a previously...

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In the last 24 hours, Bitcoin (BTC) has experienced a significant decline, dropping below the $60,000 price range. Given the current trend and the market’s volatility, could we see a further drop to the $40,000 price range? Analysis of Bitcoin’s price trend highlighted a significant downturn over the last 24 hours, with a drop of over 9%. Bitcoin was trading...

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Disclaimer: the following post was originally published by WhiteBIT . Hello, Traders! Have you ever heard the phrase “Do Your Own Research,” or DYOR? No, it's neither a trendy clothing brand nor just a catchy phrase — it's an important practice. DYOR has become the primary guiding principle for crypto investors to make informed decisions. Let’s explain what...

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XRP has been stuck between $0.57 and $0.64 for the past few days, indicating a balance between supply and demand. The upsloping 20-day EMA ($0.57) and the RSI near 63 suggest that the bulls have the edge. The XRP/USDT pair could rise to $0.64, which is an important level to watch out for. If buyers clear this hurdle, the pair may pick up momentum and surge to...

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The price of Notcoin (NOT) was beginning to trend downward once again. This was not good news for investors after the breakout past the trendline resistance on the 6th of July. The bearish pressure could erase the gains made earlier this month. Two weeks ago, NOT was trading within a range that extended from $0.0145 to $0.0175. In the past week, the crypto has...

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Dogecoin (DOGE) formed a falling wedge pattern and was on the verge of a bullish breakoutfrom it. Another analysis perspective showed that the breakout has already occurred. In either case, the price has stalled over the past week and wiped out some of the earlier gains. Despite that, it maintained the bullish market structure on the 1-day chart. Things were not...

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The Pepe price has maintained significant strength since the start of the year and despite a rise in bearish activity, the token seems to have found a strong base. Hence, the bulls may remain slightly passive for a while, followed by a strong ascending trend. The recent bearish action has caused the price to drop below the ascending trend line and is failing to...

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Solana (SOL), the world’s fourth-largest cryptocurrency, gained massive attention as it broke out of the crucial resistance level of $187. Following SOL’s crucial breakout, there is a high chance that it could rise to the next resistance, which is near $204. However, there is also a concern among the new investors about a potential price reversal from this...

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Solana (SOL) broke above the downtrend line on July 20, opening the doors for a possible rally to $210. However, the bears are unlikely to give up easily. They will try to stall the rally near $189 and pull the price toward the downtrend line. If the price rebounds off the downtrend line, it will signal that the bulls have flipped the line into support. That will...