GOOD MORNING GUYS: $BONK $XRP $FLOKI | harisrahman on Binance Square

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GOOD MORNING GUYS:$BONK $XRP $FLOKI 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BONK

0.00004088

+22.57%

XRP

0.7002

+4.24%

FLOKI

0.00023297

+20.56%

2.5k

0

Replies 0

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GOOD morning guys: Have your breakfast 🤑 $HIVE $TROY $STEEM

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$HIVE is -29% Buy fast: $TROY $STEEM

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TROY WILL DECLINE TO 0.0007 AT THE END OF THE NOVEMBER:

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$TROY Will decline to 0.0021 soon: To assess if TROY/USDT might decline to the level of **0.0021**, let’s analyze a few additional factors based on the chart and typical support/resistance analysis: 1. **Support Levels**: - The last significant low shown on the chart is around **0.002312**, which acted as a previous support. If the price breaks this level, it may indicate further bearish momentum. - A drop to **0.0021** would mean a further decline from current levels, testing new lows. For this to happen, TROY would need to continue its bearish trend without significant buying pressure at intermediate support points. 2. **Volume Analysis**: - High trading volume (around **929 million TROY** in the displayed chart) suggests that there’s active trading interest. If this volume remains high during a decline, it can indicate continued selling pressure, which could push the price lower. 3. **Indicators (RSI and Stochastic RSI)**: - The RSI and Stochastic RSI are already near oversold levels. While this often signals a potential reversal or pause in the downtrend, oversold conditions can persist in strong downtrends, especially if market sentiment remains bearish. 4. **Trend Confirmation**: - A break below **0.00342** (near the current level) could serve as a confirmation for further decline towards **0.002312** and potentially beyond to **0.0021** if the bearish sentiment is strong. This decline would need support breakdowns and sustained selling volume to reach that low. **Summary**: While it’s not guaranteed, reaching **0.0021** is possible if the downtrend persists and TROY fails to find support around **0.00342** or **0.002312**. Monitor key levels and market sentiment closely; if support levels break, **0.0021** could be tested. However, if buyers step in at oversold levels, a short-term bounce might prevent a deeper decline.#USInflationAboveTarget #CPIUpdateOctober

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