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Tether (USDT) to Be Delisted in the EU: Implications and Opportunities
The delisting of Tether (USDT) in the EU, effective December 30, 2024, highlights the challenges posed by the new Markets in Crypto Assets (MiCA) regulation. MiCA’s stringent requirements—such as obtaining authorization as a credit or electronic money institution and submitting a compliant crypto-asset whitepaper—aim to foster transparency and consumer protection in the crypto space. However, Tether’s decision not to comply has significant implications.
Why Didn’t Tether Comply?
1. Operational Model: Tether has historically operated with limited transparency, which has drawn criticism over its reserves. Meeting MiCA's requirements would necessitate significant structural and operational changes, possibly revealing sensitive business practices or altering its reserve management.
2. Strategic Focus: Tether may prioritize regions with less regulatory scrutiny, focusing on markets like Latin America and Asia, where it is widely used for remittances and payments.
3. Cost vs. Benefit: The cost of compliance might outweigh the perceived benefits, especially as USDT’s dominance in non-EU markets remains strong.
Implications for the EU
1. Liquidity and Volatility: The absence of USDT could reduce liquidity in EU markets, potentially increasing volatility for crypto traders and investors.
2. Shift to Alternatives: With Circle's USDC already MiCA-compliant, it may gain market share in the EU. This could also encourage the development and adoption of Euro-pegged stablecoins, supporting the region's financial independence and innovation.
3. Institutional Confidence: MiCA creates a clear framework for institutional investors, positioning the EU as a leader in regulated crypto markets. While the loss of USDT is disruptive, the long-term benefits of regulatory clarity could outweigh the immediate challenges.
Opportunities for Euro Stablecoins
The delisting of USDT might accelerate the growth of Euro-backed stablecoins, filling the void left by Tether. A robust Euro stablecoin ecosystem could:
Strengthen the EU’s digital finance landscape.
Reduce reliance on USD-pegged stablecoins.
Foster innovation in Web3 and DeFi applications tailored to European users.
Conclusion
While USDT’s delisting under MiCA may have unintended consequences, it underscores the importance of regulatory compliance in a rapidly evolving market. Tether’s absence could pave the way for a more diversified and compliant stablecoin ecosystem in the EU, fostering long-term growth and stability.
#BinanceAlphaAlert #BitwiseBitcoinETF #MarketRebound $USDC
Why Didn’t Tether Comply?
1. Operational Model: Tether has historically operated with limited transparency, which has drawn criticism over its reserves. Meeting MiCA's requirements would necessitate significant structural and operational changes, possibly revealing sensitive business practices or altering its reserve management.
2. Strategic Focus: Tether may prioritize regions with less regulatory scrutiny, focusing on markets like Latin America and Asia, where it is widely used for remittances and payments.
3. Cost vs. Benefit: The cost of compliance might outweigh the perceived benefits, especially as USDT’s dominance in non-EU markets remains strong.
Implications for the EU
1. Liquidity and Volatility: The absence of USDT could reduce liquidity in EU markets, potentially increasing volatility for crypto traders and investors.
2. Shift to Alternatives: With Circle's USDC already MiCA-compliant, it may gain market share in the EU. This could also encourage the development and adoption of Euro-pegged stablecoins, supporting the region's financial independence and innovation.
3. Institutional Confidence: MiCA creates a clear framework for institutional investors, positioning the EU as a leader in regulated crypto markets. While the loss of USDT is disruptive, the long-term benefits of regulatory clarity could outweigh the immediate challenges.
Opportunities for Euro Stablecoins
The delisting of USDT might accelerate the growth of Euro-backed stablecoins, filling the void left by Tether. A robust Euro stablecoin ecosystem could:
Strengthen the EU’s digital finance landscape.
Reduce reliance on USD-pegged stablecoins.
Foster innovation in Web3 and DeFi applications tailored to European users.
Conclusion
While USDT’s delisting under MiCA may have unintended consequences, it underscores the importance of regulatory compliance in a rapidly evolving market. Tether’s absence could pave the way for a more diversified and compliant stablecoin ecosystem in the EU, fostering long-term growth and stability.
#BinanceAlphaAlert #BitwiseBitcoinETF #MarketRebound $USDC
To achieve a million-dollar return on a $2,000 investment in Terra Classic (LUNC) by 2025, the price of the coin would need to experience substantial growth. Based on LUNC’s current price of $0.00009, a $2,000 investment would acquire approximately 22,222,222 LUNC tokens.
Let’s examine three potential future price scenarios for LUNC in 2025:
1. $0.001: Under this scenario, your investment would grow by over 10 times its original value.
2. $0.01: While significant returns would be realized, the value would still fall short of reaching $1,000,000.
3. $0.10: If LUNC were to reach this price, your investment would exceed $1 million, achieving your goal.
However, the likelihood of LUNC reaching prices of $0.01 or $0.10 is speculative due to factors such as its large token supply and the challenges in achieving such growth. For these price targets to materialize, substantial token burns or greater adoption would be necessary.
In conclusion, investing in LUNC carries considerable risk, and potential investors should approach it with caution. Diversification across both speculative and stable investments is advisable to mitigate risk and maximize long-term growth potential.
#CryptoUsersHit18M #MarketNewHype #BinanceLaunchpoolVANA
Let’s examine three potential future price scenarios for LUNC in 2025:
1. $0.001: Under this scenario, your investment would grow by over 10 times its original value.
2. $0.01: While significant returns would be realized, the value would still fall short of reaching $1,000,000.
3. $0.10: If LUNC were to reach this price, your investment would exceed $1 million, achieving your goal.
However, the likelihood of LUNC reaching prices of $0.01 or $0.10 is speculative due to factors such as its large token supply and the challenges in achieving such growth. For these price targets to materialize, substantial token burns or greater adoption would be necessary.
In conclusion, investing in LUNC carries considerable risk, and potential investors should approach it with caution. Diversification across both speculative and stable investments is advisable to mitigate risk and maximize long-term growth potential.
#CryptoUsersHit18M #MarketNewHype #BinanceLaunchpoolVANA
Binance News
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Weekly Market Highlights - Russia to Buy Bitcoin?
13 December 2024Macro/TradFiA Russian State Duma member proposes a national Bitcoin reserve to counter economic sanctions and ensure financial stability.Donald Trump pledged not to remove Federal Reserve chair Jay Powell before his term ends in May 2026, while promising sweeping tariffs, mass deportations, and tax cuts in his first days in office.El Salvador and Argentina have teamed up to boost the cryptocurrency industry in Latin America.At the annual meeting, Microsoft shareholders rejected a proposal to add Bitcoin to the company's balance sheet.CryptoL1/L2:MicroStrategy announced another US$2.1B Bitcoin purchase this week, marking its fifth consecutive Monday of digital asset purchases.Treasure's ZKsync-based gaming L2 blockchain is now live.Alchemy Pay plans to launch its own layer-1 blockchain for large-scale business applications.DeFi:World Liberty Financial Initiative (WLFI), backed by US President-elect Donald Trump, acquired 2,631 ETH for $10 million, plus 41,335 LINK and 3,357 AAVE, investing $1 million in each.Sushi CEO Jared Grey has revealed plans to roll out several new products by 2025, including an integrated Solana-based trading platform and an on-chain perp DEX. NFT:After announcing their imminent $PENGU token, Pudgy Penguins NFTs have surged to become the world's second most-valued set, with floor prices exceeding $100,000.Magic Eden, a top NFT marketplace, launched its $ME token airdrop on December 10.Stablecoins:Hong Kong advances stablecoin regulations with a new bill published on Dec. 6, setting a clear framework for issuers and marketers.Ripple CEO Brad Garlinghouse announced that the New York Department of Financial Services (NYDFS) has approved its stablecoin, RLUSD.Others:Binance introduced the “Seamless” Binance Wallet upgrade, alongside a $5M Airdrop CarnivalFrax Finance launched AIVM, a tech stack using AI and proof-of-inference to validate blockchain transactions.Latest Binance Research Publications Check out our latest publications:The ETH Value DebateMonthly Market Insights - December 2024The Fed, Interest Rates, and the Economy: A PrimerExplore our Binance Research website for more project and macro research.For more frequent market updates and insights, follow us on Twitter @BinanceResearch.That’s a wrap!Binance ResearchAbout Binance Research: Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space. Our analysts publish insightful thought pieces regularly on topics related but not limited to, the crypto ecosystem, blockchain technologies, and the latest market themes.General Disclosure: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, cryptocurrencies or to adopt any investment strategy. The use of terminology and the views expressed are intended to promote understanding and the responsible development of the sector and should not be interpreted as definitive legal views or those of Binance. The opinions expressed are as of the date shown above and are the opinions of the writer, they may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by Binance Research to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by Binance. This material may contain ’forward looking’ information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. This material is intended for information purposes only and does not constitute investment advice or an offer or solicitation to purchase or sell in any securities, cryptocurrencies or any investment strategy nor shall any securities or cryptocurrency be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. Investment involves risks.
FINALLY, THE ALTCOIN SEASON HAS KNOCKED AT THE DOOR. IT’S TIME TO INVEST FROM THE FUNDING. MAKE NO MISTAKE. IN THIS TIME DO ONLY SPOT TRADING FOR SAFETY AND SECURITY. DIVERSIFY YOUR PORTFOLIO AND TAKE PROFIT WHENEVER POSSIBLE. ROTATE INVESTMENTS FROM ONE CURRENCY TO ANOTHER. KEEP PATIENCE. WISH YOU ALL THE VERY BEST. 🍁
$BTC
$XRP
$USUAL
$BTC
$XRP
$USUAL
Crypto Breaking
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XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85
Crypto analyst Dark Defender has revealed a target to watch out for as the XRP price targets a new all-time high (ATH). The analyst made this prediction based on his wave analysis, which showed that XRP is still bullish.
XRP Price To Hit New ATH At $5.85
In an X post, Dark Defender predicted that the XRP price could reach a new ATH of $5.85 based on his ABC wave analysis. The analyst stated that XRP set the ABC wave when the crypto was at Wave A. He further noted that XRP has bounced back from the $1.88 support level.
With this development, the analyst is confident that the XRP price rally to $5.85 has begun. The analyst recently revealed that a bull flag appeared on XRP’s weekly chart, which showed that the crypto could reach as high as $11 by early 2025. Based on his Elliot Wave theory, the analyst had also previously predicted that the XRP market top could be around $18.
In the meantime, the goal is for the XRP price to surpass its current ATH of $3.80 and reach $5.85, as Dark Defender has predicted. XRP has witnessed a price correction following its parabolic rally of over 200% last month. However, the crypto looks well primed for its next leg up.
From a fundamental perspective, the XRP price boasts a bullish outlook, especially following New York’s approval of the RLUSD stablecoin. Ripple’s CEO Brad Garlinghouse confirmed that exchange and partner listings are set to follow and that RLUSD will launch soon. This development caused the price to experience a significant bounce.
Meanwhile, crypto analyst TheXRPguy listed the RLUSD launch as one of the events that market participants wait for before they consider selling their coins. The stablecoin launch would inject more liquidity into the XRP ecosystem, which could spark a significant surge in the XRP price.
The Stars Are Aligning For XRP
In an X post, crypto analyst CrediBULL Crypto said that the stars are aligning for a massive bull run for the XRP price. He made this statement while alluding to the fact that experts predict that the US Securities and Exchange Commission (SEC) could dismiss its appeal against Ripple when the new administration comes in.
He noted that the SEC lawsuit is the last “lone cloud” lingering above the XRP community. As such, dismissing the appeal could boost investors’ confidence in the crypto, providing a bullish outlook for the XRP price. CrediBULL Crypto suggested that XRP could reach as high as $10 in this bull run while stating that there should be more than one wave of upside remaining.
At the time of writing, the XRP price is trading at around $2.34, up over 8% in the last 24 hours, according to data from CoinMarketCap.
Source: NewsBTC.com
The post XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85 appeared first on Crypto Breaking News.
XRP Price To Hit New ATH At $5.85
In an X post, Dark Defender predicted that the XRP price could reach a new ATH of $5.85 based on his ABC wave analysis. The analyst stated that XRP set the ABC wave when the crypto was at Wave A. He further noted that XRP has bounced back from the $1.88 support level.
With this development, the analyst is confident that the XRP price rally to $5.85 has begun. The analyst recently revealed that a bull flag appeared on XRP’s weekly chart, which showed that the crypto could reach as high as $11 by early 2025. Based on his Elliot Wave theory, the analyst had also previously predicted that the XRP market top could be around $18.
In the meantime, the goal is for the XRP price to surpass its current ATH of $3.80 and reach $5.85, as Dark Defender has predicted. XRP has witnessed a price correction following its parabolic rally of over 200% last month. However, the crypto looks well primed for its next leg up.
From a fundamental perspective, the XRP price boasts a bullish outlook, especially following New York’s approval of the RLUSD stablecoin. Ripple’s CEO Brad Garlinghouse confirmed that exchange and partner listings are set to follow and that RLUSD will launch soon. This development caused the price to experience a significant bounce.
Meanwhile, crypto analyst TheXRPguy listed the RLUSD launch as one of the events that market participants wait for before they consider selling their coins. The stablecoin launch would inject more liquidity into the XRP ecosystem, which could spark a significant surge in the XRP price.
The Stars Are Aligning For XRP
In an X post, crypto analyst CrediBULL Crypto said that the stars are aligning for a massive bull run for the XRP price. He made this statement while alluding to the fact that experts predict that the US Securities and Exchange Commission (SEC) could dismiss its appeal against Ripple when the new administration comes in.
He noted that the SEC lawsuit is the last “lone cloud” lingering above the XRP community. As such, dismissing the appeal could boost investors’ confidence in the crypto, providing a bullish outlook for the XRP price. CrediBULL Crypto suggested that XRP could reach as high as $10 in this bull run while stating that there should be more than one wave of upside remaining.
At the time of writing, the XRP price is trading at around $2.34, up over 8% in the last 24 hours, according to data from CoinMarketCap.
Source: NewsBTC.com
The post XRP Price Prediction: Last Phase Of ABC Wave Points To A Bounce To New ATH At $5.85 appeared first on Crypto Breaking News.
RLUSD, XRP Ledger, and the Bullish Case for XRP : Only Diamond Hands Will Prevail
Warning: Only Diamond Hands Can Hold XRP
As the cryptocurrency market gears up for the next bull run, XRP has emerged as a top contender, drawing significant attention from investors and analysts alike. The recent developments around Ripple's ecosystem, including the RLUSD stablecoin, advancements on the XRP Ledger (XRPL), and favorable court outcomes, have painted a bullish picture for the digital asset. Here’s an in-depth look into why XRP could be a star performer during the bull run and why holding it might test your resolve.
$XRP
XRP’s Legal Victories: Clearing the Road Ahead
Ripple’s partial victory in its legal battle with the U.S. Securities and Exchange Commission (SEC) has played a pivotal role in boosting investor confidence. The court ruled that XRP is not inherently a security when sold on secondary markets, providing much-needed regulatory clarity. This ruling has not only reinstated XRP’s trading on major exchanges like Coinbase but also positioned it as a strong candidate for institutional adoption.
Despite ongoing legal hurdles, including the SEC's appeal, Ripple's steadfast approach to expanding its use cases and partnerships globally has set a solid foundation for the asset’s long-term growth.
The RLUSD Stablecoin: A Game-Changer
Ripple’s announcement of the RLUSD stablecoin marks a significant milestone. Designed to maintain a 1:1 peg with the US Dollar, RLUSD is backed by USD deposits, short-term government treasuries, and other cash equivalents.
Approved by the New York Department of Financial Services (NYDFS), RLUSD is poised to strengthen Ripple’s cross-border payment solutions, offering businesses a more stable asset for transactions. Exchanges like Uphold, Bitstamp, and MoonPay, along with liquidity providers like B2C2 and Keyrock, are set to drive RLUSD’s adoption.
This integration into Ripple's ecosystem is expected to create additional utility for XRP, as the stablecoin and the native token will work in tandem to facilitate efficient remittances.
XRP Ledger (XRPL): The Backbone of Innovation
The XRP Ledger remains a cornerstone of Ripple’s strategy. Known for its speed, low fees, and scalability, XRPL continues to attract developers and enterprises. Innovations such as federated sidechains and smart contract capabilities have expanded its use cases, ranging from DeFi to tokenized assets.
As more projects are built on XRPL, the demand for XRP as a utility token is likely to surge, further bolstering its value.
Whale Activity and Market Sentiment
Recent on-chain data reveals heightened whale activity, with billions of XRP tokens being moved to exchanges like Binance. While this often signals potential sell-offs, it also highlights significant market interest. Notably, the community's resilience, coupled with strong buying pressure from retail and institutional investors, has absorbed much of this selling activity.
#RLUSDApprovalBoostXRP
Price Prediction: Can XRP Break Records?
With the crypto market’s cyclical nature, many experts predict XRP could achieve unprecedented highs during the next bull run. Here’s a speculative price trajectory:
- End of 2024: XRP could reclaim its all-time high of $3.84, provided market conditions remain favorable.
- 2025-2030: Analysts foresee XRP reaching the $10-$20 range, driven by global adoption of Ripple’s solutions and expanding use cases on XRPL. Some optimists suggest a $50+ target if institutional adoption accelerates significantly.
#XRPledger
Holding XRP: A Test of Patience
XRP's journey is not for the faint-hearted. The asset has weathered intense regulatory scrutiny, market volatility, and skepticism. Yet, its community, often referred to as "diamond hands," remains unshaken. Holding XRP through market cycles could yield substantial rewards, but it requires resilience and a long-term perspective.
Final Thoughts
As Ripple continues to innovate and expand its ecosystem, XRP stands as a promising asset with immense potential. However, like all investments, it comes with risks. Whether you’re a seasoned investor or new to the crypto world, the decision to hold XRP will depend on your risk appetite and belief in Ripple's vision for the future of finance.
#RLUSDApprovalBoostXRP
As the cryptocurrency market gears up for the next bull run, XRP has emerged as a top contender, drawing significant attention from investors and analysts alike. The recent developments around Ripple's ecosystem, including the RLUSD stablecoin, advancements on the XRP Ledger (XRPL), and favorable court outcomes, have painted a bullish picture for the digital asset. Here’s an in-depth look into why XRP could be a star performer during the bull run and why holding it might test your resolve.
$XRP
XRP’s Legal Victories: Clearing the Road Ahead
Ripple’s partial victory in its legal battle with the U.S. Securities and Exchange Commission (SEC) has played a pivotal role in boosting investor confidence. The court ruled that XRP is not inherently a security when sold on secondary markets, providing much-needed regulatory clarity. This ruling has not only reinstated XRP’s trading on major exchanges like Coinbase but also positioned it as a strong candidate for institutional adoption.
Despite ongoing legal hurdles, including the SEC's appeal, Ripple's steadfast approach to expanding its use cases and partnerships globally has set a solid foundation for the asset’s long-term growth.
The RLUSD Stablecoin: A Game-Changer
Ripple’s announcement of the RLUSD stablecoin marks a significant milestone. Designed to maintain a 1:1 peg with the US Dollar, RLUSD is backed by USD deposits, short-term government treasuries, and other cash equivalents.
Approved by the New York Department of Financial Services (NYDFS), RLUSD is poised to strengthen Ripple’s cross-border payment solutions, offering businesses a more stable asset for transactions. Exchanges like Uphold, Bitstamp, and MoonPay, along with liquidity providers like B2C2 and Keyrock, are set to drive RLUSD’s adoption.
This integration into Ripple's ecosystem is expected to create additional utility for XRP, as the stablecoin and the native token will work in tandem to facilitate efficient remittances.
XRP Ledger (XRPL): The Backbone of Innovation
The XRP Ledger remains a cornerstone of Ripple’s strategy. Known for its speed, low fees, and scalability, XRPL continues to attract developers and enterprises. Innovations such as federated sidechains and smart contract capabilities have expanded its use cases, ranging from DeFi to tokenized assets.
As more projects are built on XRPL, the demand for XRP as a utility token is likely to surge, further bolstering its value.
Whale Activity and Market Sentiment
Recent on-chain data reveals heightened whale activity, with billions of XRP tokens being moved to exchanges like Binance. While this often signals potential sell-offs, it also highlights significant market interest. Notably, the community's resilience, coupled with strong buying pressure from retail and institutional investors, has absorbed much of this selling activity.
#RLUSDApprovalBoostXRP
Price Prediction: Can XRP Break Records?
With the crypto market’s cyclical nature, many experts predict XRP could achieve unprecedented highs during the next bull run. Here’s a speculative price trajectory:
- End of 2024: XRP could reclaim its all-time high of $3.84, provided market conditions remain favorable.
- 2025-2030: Analysts foresee XRP reaching the $10-$20 range, driven by global adoption of Ripple’s solutions and expanding use cases on XRPL. Some optimists suggest a $50+ target if institutional adoption accelerates significantly.
#XRPledger
Holding XRP: A Test of Patience
XRP's journey is not for the faint-hearted. The asset has weathered intense regulatory scrutiny, market volatility, and skepticism. Yet, its community, often referred to as "diamond hands," remains unshaken. Holding XRP through market cycles could yield substantial rewards, but it requires resilience and a long-term perspective.
Final Thoughts
As Ripple continues to innovate and expand its ecosystem, XRP stands as a promising asset with immense potential. However, like all investments, it comes with risks. Whether you’re a seasoned investor or new to the crypto world, the decision to hold XRP will depend on your risk appetite and belief in Ripple's vision for the future of finance.
#RLUSDApprovalBoostXRP
Due to Whale Manipulations, 90% of People Lose All Their Savings
Understanding market manipulation is what separates successful traders from the rest. While many charge $1,000 for this insight, I’m sharing it with you for free.
Before we dive in, please Like, Save, and Retweet the first post of this article, and follow me to show your support for my research! I’ve invested a lot of time into this, and I’m excited to share this valuable knowledge with you.
Here's how whales take money from regular traders and how you can avoid falling into their traps. 🧵👇
It’s well-known that whales and insiders heavily influence and manipulate the market. What most don’t realize is how frequently this happens and the sheer scale of it. Every day, traders lose money, becoming exit liquidity for these big players. That’s why I’ve researched and exposed these tactics.
Whales prefer to stay under the radar, but their movements often follow a predictable pattern:
1. Asset Accumulation
2. Pump (Price increase)
3. Re-accumulation
4. Pump (Price increase)
5. Distribution
6. Dump (Price decrease)
7. Redistribution
8. Dump (Price decrease)
By studying this, I’ve pinpointed several key manipulative tactics that whales use:
1. Faking Patterns
Whales create chart patterns by buying at resistance or selling during price bounces. These false patterns mislead retail traders into believing they are real, influencing market direction and creating fake support/resistance levels.
2. Stop-Loss Hunting
Whales detect clusters of stop-loss orders at key price levels. They then place large buy or sell orders, driving prices to those levels, triggering the stops, and causing rapid price movements, often with little warning.
3. Range Manipulation
Whales push prices down, causing traders to exit at a loss. Consolidation phases usually break after 4-5 touches, but when price breaks out and then reverses, it’s often a sign of manipulation.
4. Fair Value Gap (FVG)
FVGs occur when heavy buying or selling creates large price swings and chart gaps. After a pump, prices often pull back, which benefits big players and forces latecomers to exit.
5. Stop Hunts
Large players break through critical support or resistance points, triggering stop orders and causing a chain reaction of movements. They then reverse the price within the range to exploit these liquidations.
6. Wash Trading
Wash trading inflates trading volume by moving assets between wallets or accounts controlled by the same trader. This creates an illusion of demand and inflates asset prices artificially.
7. Spoofing with Market Orders
Spoofing involves placing and canceling fake orders to mislead traders and bots, influencing price movements and making it difficult to detect manipulation. To avoid this, use limit orders and don’t fall for temporary price walls.
Bonus: Tips to Avoid Market Manipulation
Here’s a quick "cheatsheet" to help protect yourself from these tactics:
➬ Avoid placing stop-losses at key levels.
➬ Wait for confirmation of price action before entering trades.
➬ Wait for key support or resistance levels to be broken before acting.
➬ Avoid chasing sudden pumps or low volume trades.
➬ Carefully examine the buying and selling spreads.
➬ Be patient, stick to your plan, and wait for the right opportunity.
By understanding these tactics and preparing yourself accordingly, you can avoid being manipulated and make more informed decisions in the market. Stay smart, stay strategic!
#RLUSDApprovalBoostXRP #BURNGMT #CPI4MonthsHigh #BTCRebounds100K #BTCNextDirection?
Before we dive in, please Like, Save, and Retweet the first post of this article, and follow me to show your support for my research! I’ve invested a lot of time into this, and I’m excited to share this valuable knowledge with you.
Here's how whales take money from regular traders and how you can avoid falling into their traps. 🧵👇
It’s well-known that whales and insiders heavily influence and manipulate the market. What most don’t realize is how frequently this happens and the sheer scale of it. Every day, traders lose money, becoming exit liquidity for these big players. That’s why I’ve researched and exposed these tactics.
Whales prefer to stay under the radar, but their movements often follow a predictable pattern:
1. Asset Accumulation
2. Pump (Price increase)
3. Re-accumulation
4. Pump (Price increase)
5. Distribution
6. Dump (Price decrease)
7. Redistribution
8. Dump (Price decrease)
By studying this, I’ve pinpointed several key manipulative tactics that whales use:
1. Faking Patterns
Whales create chart patterns by buying at resistance or selling during price bounces. These false patterns mislead retail traders into believing they are real, influencing market direction and creating fake support/resistance levels.
2. Stop-Loss Hunting
Whales detect clusters of stop-loss orders at key price levels. They then place large buy or sell orders, driving prices to those levels, triggering the stops, and causing rapid price movements, often with little warning.
3. Range Manipulation
Whales push prices down, causing traders to exit at a loss. Consolidation phases usually break after 4-5 touches, but when price breaks out and then reverses, it’s often a sign of manipulation.
4. Fair Value Gap (FVG)
FVGs occur when heavy buying or selling creates large price swings and chart gaps. After a pump, prices often pull back, which benefits big players and forces latecomers to exit.
5. Stop Hunts
Large players break through critical support or resistance points, triggering stop orders and causing a chain reaction of movements. They then reverse the price within the range to exploit these liquidations.
6. Wash Trading
Wash trading inflates trading volume by moving assets between wallets or accounts controlled by the same trader. This creates an illusion of demand and inflates asset prices artificially.
7. Spoofing with Market Orders
Spoofing involves placing and canceling fake orders to mislead traders and bots, influencing price movements and making it difficult to detect manipulation. To avoid this, use limit orders and don’t fall for temporary price walls.
Bonus: Tips to Avoid Market Manipulation
Here’s a quick "cheatsheet" to help protect yourself from these tactics:
➬ Avoid placing stop-losses at key levels.
➬ Wait for confirmation of price action before entering trades.
➬ Wait for key support or resistance levels to be broken before acting.
➬ Avoid chasing sudden pumps or low volume trades.
➬ Carefully examine the buying and selling spreads.
➬ Be patient, stick to your plan, and wait for the right opportunity.
By understanding these tactics and preparing yourself accordingly, you can avoid being manipulated and make more informed decisions in the market. Stay smart, stay strategic!
#RLUSDApprovalBoostXRP #BURNGMT #CPI4MonthsHigh #BTCRebounds100K #BTCNextDirection?
Prediction: If you invested 100$ in $GMT today you will get 200000$ by the end of this month
Prediction: A $100 Investment in $GMT Today Could Be Worth $200,000 by Month’s End
If you invest $100 in $GMT today, you could see a substantial return, with the potential to reach $200,000 by the end of the month. As whales closely monitor $GMT, a perfect entry point could lead to a surge in its price, potentially turning your $100 investment into $2,000,000.
Understanding the GMT DAO Burn Initiative
The GMT DAO, a decentralized community of GMT token holders, has introduced the GMT Burn Initiative to promote sustainable tokenomics and community-driven governance. Through this initiative, token holders have the opportunity to vote on burning up to 600 million GMT tokens, valued at $100 million, in a transparent and collaborative process.
About GMT DAO
The GMT DAO is designed to empower its community with decentralized governance, allowing holders to shape the future of the token and ensure long-term growth. Participants can lock their tokens and vote on key decisions, such as the burn initiative, on burngmt.com. As a reward, participants receive a unique, soulbound NFT, "Make GMT Great Again Red Hat," which tracks voting activity and eligibility for airdrop rewards through embedded metadata.
Key Features of the Initiative:
Lock and Vote: GMT holders can lock their tokens and vote on important decisions, with rewards in the form of exclusive NFTs documenting their involvement.
Earn Rewards: The DAO will distribute 100 million GMT as rewards over 60 days, contingent on achieving key milestones.
On-Chain Transparency: All voting activity is recorded on the blockchain, ensuring transparency and verifiability.
Regular Voting Cycles: The initiative introduces a continuous engagement model with quarterly votes to shape the ecosystem's future.
Fostering a Sustainable Ecosystem
The burn initiative aims to reduce the circulating supply of GMT, potentially adding value to the remaining tokens. This aligns with the DAO's vision for a sustainable and innovative token economy driven by community participation. GMT plays a key role within the broader FSL ecosystem, supporting applications like:
STEPN: Facilitates in-app transactions and rewards.
Gas Hero: Powers trades and NFT upgrades.
MOOAR: Supports item trades and raffle mints.
STEPN GO: Enables sneaker purchases and app features.
Operating on multiple blockchains, including Solana, BNB Chain, Ethereum, and Polygon, GMT continues to expand its utility across various platforms.
Conclusion
The GMT Burn Initiative marks a new era of community participation in the Web3 space. By voting to burn up to 600 million GMT tokens, holders play a crucial role in shaping the token's future. Voting is now live at burngmt.com, offering all holders an opportunity to influence the ecosystem's trajectory.
#BURNGMT $GMT @GMT DAO
If you invest $100 in $GMT today, you could see a substantial return, with the potential to reach $200,000 by the end of the month. As whales closely monitor $GMT, a perfect entry point could lead to a surge in its price, potentially turning your $100 investment into $2,000,000.
Understanding the GMT DAO Burn Initiative
The GMT DAO, a decentralized community of GMT token holders, has introduced the GMT Burn Initiative to promote sustainable tokenomics and community-driven governance. Through this initiative, token holders have the opportunity to vote on burning up to 600 million GMT tokens, valued at $100 million, in a transparent and collaborative process.
About GMT DAO
The GMT DAO is designed to empower its community with decentralized governance, allowing holders to shape the future of the token and ensure long-term growth. Participants can lock their tokens and vote on key decisions, such as the burn initiative, on burngmt.com. As a reward, participants receive a unique, soulbound NFT, "Make GMT Great Again Red Hat," which tracks voting activity and eligibility for airdrop rewards through embedded metadata.
Key Features of the Initiative:
Lock and Vote: GMT holders can lock their tokens and vote on important decisions, with rewards in the form of exclusive NFTs documenting their involvement.
Earn Rewards: The DAO will distribute 100 million GMT as rewards over 60 days, contingent on achieving key milestones.
On-Chain Transparency: All voting activity is recorded on the blockchain, ensuring transparency and verifiability.
Regular Voting Cycles: The initiative introduces a continuous engagement model with quarterly votes to shape the ecosystem's future.
Fostering a Sustainable Ecosystem
The burn initiative aims to reduce the circulating supply of GMT, potentially adding value to the remaining tokens. This aligns with the DAO's vision for a sustainable and innovative token economy driven by community participation. GMT plays a key role within the broader FSL ecosystem, supporting applications like:
STEPN: Facilitates in-app transactions and rewards.
Gas Hero: Powers trades and NFT upgrades.
MOOAR: Supports item trades and raffle mints.
STEPN GO: Enables sneaker purchases and app features.
Operating on multiple blockchains, including Solana, BNB Chain, Ethereum, and Polygon, GMT continues to expand its utility across various platforms.
Conclusion
The GMT Burn Initiative marks a new era of community participation in the Web3 space. By voting to burn up to 600 million GMT tokens, holders play a crucial role in shaping the token's future. Voting is now live at burngmt.com, offering all holders an opportunity to influence the ecosystem's trajectory.
#BURNGMT $GMT @GMT DAO
BullishBanter
--
🚨 Unlimited Earning Alert: Make $12/Day on Binance Without Spending Anything
Discover how you can earn $12 daily on Binance without making any investment! Yes, it’s possible! Here are some effortless ways to achieve this:
Create crypto content: Share your knowledge and earn rewards.
Learn and earn: Use Binance Academy to gain insights and receive free tokens.
Get tipped: Post your ideas and insights to collect tips from the community.
Participate in giveaways: Claim free bonuses by joining Binance’s exciting events.
But that’s not all—let me introduce you to a groundbreaking project that could transform your portfolio in record time: @GMT DAO .
🚀 The $120M $GMT Token Burn Revolution
Get ready for a game-changing initiative! GMT DAO has announced the boldest move in tokenomics: the burn of 650 million GMT tokens, valued at an astounding $120 million. These tokens include early allocations for advisors, team members, and investors—none of which have even been unlocked yet!
This isn’t just about reducing supply; it’s a statement of long-term confidence in GMT’s value. The team is making history by showing their belief in the future of GMT, making this an extraordinary opportunity for participants.
🌐 Step Into the GMT Ecosystem
GMT isn’t just another crypto token—it’s the foundation of a thriving ecosystem that’s driving blockchain innovation. Here’s what makes GMT unique:
🌟 Cutting-edge products: Revolutionizing blockchain with practical and futuristic solutions.
🛍️ Real-world utility: Global partnerships are creating tangible uses for GMT, increasing its value.
By joining the GMT Burn Initiative, you’ll actively support the growth of this ecosystem while contributing to the token’s scarcity and long-term success.
#BURNGMT
🗳️ The Burn Process: How It Works
What sets this initiative apart is its community-driven mechanism. The burn is not automatic—it requires your vote to proceed.
Here’s how it works:
1️⃣ 60-Day Lock Commitment: Participants will lock their GMT tokens for a two-month period, demonstrating their trust in the project. 🔒
2️⃣ 110M GMT Reward Pool: In exchange for locking their tokens, participants will share a 110 million GMT reward pool, making it a win-win situation. 💰
By locking tokens and voting for the burn, participants contribute to reducing supply and also secure rewards for themselves.
📉 Impact of Burning 650M GMT Tokens
Token burns are not merely symbolic. They create powerful changes in token dynamics:
Scarcity Boost: Removing 650M GMT tokens from circulation drastically reduces supply, making remaining tokens more valuable.
Price Increase: Reduced supply combined with rising demand creates upward pressure on GMT’s price.
Market Trust: Eliminating early team allocations highlights decentralization and fairness, boosting investor confidence.
This strategic burn will reshape GMT’s tokenomics, making it a strong contender in the crypto market.
🛠️ How to Participate in the GMT Burn Initiative
Here’s your step-by-step guide to take part in this monumental event:
1️⃣ Check Your Wallet: Ensure you have GMT tokens to participate.
2️⃣ Lock Your Tokens: Commit your tokens for the 60-day lock period.
3️⃣ Vote for the Burn: Cast your vote to approve the token burn initiative.
4️⃣ Claim Your Rewards: After the lock period, claim your share of the 110M GMT reward pool.
🔍 Why This Matters for GMT Holders
This initiative is not just a vote—it’s a revolutionary step in GMT’s journey. By burning a significant portion of the supply, GMT is strengthening its tokenomics, proving its long-term vision, and empowering its community.
Every locked token is a vote for innovation, scarcity, and progress. Don’t just witness this historic moment—take part in it and shape the future of GMT.
🔥 Join the GMT Burn Initiative now and make your GMT tokens work for you.
#BURNGMT #GMT #Share1BNBDaily #BinanceNextWave #2024withBinance
Create crypto content: Share your knowledge and earn rewards.
Learn and earn: Use Binance Academy to gain insights and receive free tokens.
Get tipped: Post your ideas and insights to collect tips from the community.
Participate in giveaways: Claim free bonuses by joining Binance’s exciting events.
But that’s not all—let me introduce you to a groundbreaking project that could transform your portfolio in record time: @GMT DAO .
🚀 The $120M $GMT Token Burn Revolution
Get ready for a game-changing initiative! GMT DAO has announced the boldest move in tokenomics: the burn of 650 million GMT tokens, valued at an astounding $120 million. These tokens include early allocations for advisors, team members, and investors—none of which have even been unlocked yet!
This isn’t just about reducing supply; it’s a statement of long-term confidence in GMT’s value. The team is making history by showing their belief in the future of GMT, making this an extraordinary opportunity for participants.
🌐 Step Into the GMT Ecosystem
GMT isn’t just another crypto token—it’s the foundation of a thriving ecosystem that’s driving blockchain innovation. Here’s what makes GMT unique:
🌟 Cutting-edge products: Revolutionizing blockchain with practical and futuristic solutions.
🛍️ Real-world utility: Global partnerships are creating tangible uses for GMT, increasing its value.
By joining the GMT Burn Initiative, you’ll actively support the growth of this ecosystem while contributing to the token’s scarcity and long-term success.
#BURNGMT
🗳️ The Burn Process: How It Works
What sets this initiative apart is its community-driven mechanism. The burn is not automatic—it requires your vote to proceed.
Here’s how it works:
1️⃣ 60-Day Lock Commitment: Participants will lock their GMT tokens for a two-month period, demonstrating their trust in the project. 🔒
2️⃣ 110M GMT Reward Pool: In exchange for locking their tokens, participants will share a 110 million GMT reward pool, making it a win-win situation. 💰
By locking tokens and voting for the burn, participants contribute to reducing supply and also secure rewards for themselves.
📉 Impact of Burning 650M GMT Tokens
Token burns are not merely symbolic. They create powerful changes in token dynamics:
Scarcity Boost: Removing 650M GMT tokens from circulation drastically reduces supply, making remaining tokens more valuable.
Price Increase: Reduced supply combined with rising demand creates upward pressure on GMT’s price.
Market Trust: Eliminating early team allocations highlights decentralization and fairness, boosting investor confidence.
This strategic burn will reshape GMT’s tokenomics, making it a strong contender in the crypto market.
🛠️ How to Participate in the GMT Burn Initiative
Here’s your step-by-step guide to take part in this monumental event:
1️⃣ Check Your Wallet: Ensure you have GMT tokens to participate.
2️⃣ Lock Your Tokens: Commit your tokens for the 60-day lock period.
3️⃣ Vote for the Burn: Cast your vote to approve the token burn initiative.
4️⃣ Claim Your Rewards: After the lock period, claim your share of the 110M GMT reward pool.
🔍 Why This Matters for GMT Holders
This initiative is not just a vote—it’s a revolutionary step in GMT’s journey. By burning a significant portion of the supply, GMT is strengthening its tokenomics, proving its long-term vision, and empowering its community.
Every locked token is a vote for innovation, scarcity, and progress. Don’t just witness this historic moment—take part in it and shape the future of GMT.
🔥 Join the GMT Burn Initiative now and make your GMT tokens work for you.
#BURNGMT #GMT #Share1BNBDaily #BinanceNextWave #2024withBinance
⚠️ RIPPLE JUST SENT OUT A MASSIVE WARNING FOR XRP HOLDERS!!! ⚠️
(NOT PRICE FUD) COINBASE WITH HUGE NEWS! Ripple's Legal Updates and $XRP Holder Concerns:
$BNB
Remember to follow me,like,comment and Share
Ripple's ongoing legal battle with the SEC continues to shape the regulatory narrative around cryptocurrencies. A recent massive transfer of XRP to unknown wallets has raised speculation about whale activities and Ripple's strategic intentionsCointelegraphCrypto News Flash.Experts believe the Ripple case's outcome could influence the broader crypto market, including other cases against Coinbase and Binance. Favorable rulings for Ripple might weaken the SEC's positions on these casesCointelegraph.
Coinbase and XRP Integration:
Coinbase has made moves to expand its crypto offerings, and speculation persists about its plans to integrate Ripple's technology for cross-border transactions. This development could further enhance XRP's utilityCointelegraphCrypto News Flash.
Community Reactions:
XRP holders are closely monitoring these updates, considering how regulatory clarity and adoption by major platforms like Coinbase could impact XRP's price and market dynamicsCrypto News Flash.
For XRP holders, these are pivotal moments that may determine the token's long-term value and usability. Strategic decisions by Ripple and the outcomes of these legal and regulatory developments are crucial to watch.
Take Action Now!
💎 Are you prepared for these changes?
💬 Drop your thoughts and strategies in the comments below! Let’s discuss how XRP holders can navigate this critical time. 🚀👇
#XRP #Ripple #CryptoNews #Coinbase #XRPArmy
(NOT PRICE FUD) COINBASE WITH HUGE NEWS! Ripple's Legal Updates and $XRP Holder Concerns:
$BNB
Remember to follow me,like,comment and Share
Ripple's ongoing legal battle with the SEC continues to shape the regulatory narrative around cryptocurrencies. A recent massive transfer of XRP to unknown wallets has raised speculation about whale activities and Ripple's strategic intentionsCointelegraphCrypto News Flash.Experts believe the Ripple case's outcome could influence the broader crypto market, including other cases against Coinbase and Binance. Favorable rulings for Ripple might weaken the SEC's positions on these casesCointelegraph.
Coinbase and XRP Integration:
Coinbase has made moves to expand its crypto offerings, and speculation persists about its plans to integrate Ripple's technology for cross-border transactions. This development could further enhance XRP's utilityCointelegraphCrypto News Flash.
Community Reactions:
XRP holders are closely monitoring these updates, considering how regulatory clarity and adoption by major platforms like Coinbase could impact XRP's price and market dynamicsCrypto News Flash.
For XRP holders, these are pivotal moments that may determine the token's long-term value and usability. Strategic decisions by Ripple and the outcomes of these legal and regulatory developments are crucial to watch.
Take Action Now!
💎 Are you prepared for these changes?
💬 Drop your thoughts and strategies in the comments below! Let’s discuss how XRP holders can navigate this critical time. 🚀👇
#XRP #Ripple #CryptoNews #Coinbase #XRPArmy
See original
#xrp
Anasta Maverick
--
BREAKING $XRP ALERT: Ripple CEO Announces Transformative Update
1. Key Announcement:
Ripple’s CEO has revealed significant updates positioning XRP as a cornerstone in the global financial system.
2. Major Developments:
Strategic Partnerships:
Ripple is collaborating with top financial institutions, driving demand for XRP’s utility in real-world applications.
Regulatory Progress:
Ripple is gaining clarity in the regulatory environment, enhancing investor confidence and paving the way for broader adoption.
Cross-Border Payments:
XRP is poised to lead the revolution in instant, low-cost international transactions, transforming the global payment landscape.
3. Implications for XRP:
Institutional Adoption:
Growing interest from institutions positions XRP as a potential leader in the next crypto bull run.
Price Predictions:
Analysts forecast record-breaking prices for XRP as adoption accelerates.
Technological Edge:
Ripple’s innovative technology is setting new standards for secure, fast, and efficient transactions.
4. Conclusion:
Ripple’s latest advancements signal a transformative era for XRP, with the potential to redefine its role in the global financial ecosystem. Investors and stakeholders should watch closely as Ripple continues to gain momentum in the cryptocurrency market.
#XRPMarketShift #XRPMarketShift
1. Key Announcement:
Ripple’s CEO has revealed significant updates positioning XRP as a cornerstone in the global financial system.
2. Major Developments:
Strategic Partnerships:
Ripple is collaborating with top financial institutions, driving demand for XRP’s utility in real-world applications.
Regulatory Progress:
Ripple is gaining clarity in the regulatory environment, enhancing investor confidence and paving the way for broader adoption.
Cross-Border Payments:
XRP is poised to lead the revolution in instant, low-cost international transactions, transforming the global payment landscape.
3. Implications for XRP:
Institutional Adoption:
Growing interest from institutions positions XRP as a potential leader in the next crypto bull run.
Price Predictions:
Analysts forecast record-breaking prices for XRP as adoption accelerates.
Technological Edge:
Ripple’s innovative technology is setting new standards for secure, fast, and efficient transactions.
4. Conclusion:
Ripple’s latest advancements signal a transformative era for XRP, with the potential to redefine its role in the global financial ecosystem. Investors and stakeholders should watch closely as Ripple continues to gain momentum in the cryptocurrency market.
#XRPMarketShift #XRPMarketShift
See original
$XRP /USDT ALERT: Critical Move Expected! 🚨
Long Entry: Above $1.58, targeting $1.62, $1.65, and $1.70. Stop loss: $1.54.
Short Entry: Below $1.53, aiming for $1.49, $1.45, and $1.42. Stop loss: $1.56.
$XRP is trading near resistance at $1.58 after a bullish rebound. A breakout suggests continuation toward higher targets. Failing to sustain above $1.53 could trigger a bearish pullback. Watch closely—next move hinges on volume and breakout strength!
#MarketInTheGreen #BitwiseFiles10ETFs #BinanceBNSOLPYTH #AIAndGameFiBoom #ThanksgivingBTCMoves
Long Entry: Above $1.58, targeting $1.62, $1.65, and $1.70. Stop loss: $1.54.
Short Entry: Below $1.53, aiming for $1.49, $1.45, and $1.42. Stop loss: $1.56.
$XRP is trading near resistance at $1.58 after a bullish rebound. A breakout suggests continuation toward higher targets. Failing to sustain above $1.53 could trigger a bearish pullback. Watch closely—next move hinges on volume and breakout strength!
#MarketInTheGreen #BitwiseFiles10ETFs #BinanceBNSOLPYTH #AIAndGameFiBoom #ThanksgivingBTCMoves
See original
#XRP
XRP → ATH is getting close. Consolidation before the rally!
XRPUSDT
rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140%
At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775.
$XRP
Resistance levels: 1.5234, 1.6300
Support levels: 1.4116, 1.2775, 1.2133
So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer
Rate, share your opinion and questions, let's discuss what's going on with XRPUSDT
Trade at your own Risk 👍
Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
#MarketInTheGreen
#XRPMarketShift
rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140%
At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may lead to a new impulse. It is possible that the local correction of bitcoin may put a slight pressure on the coin, which in turn before further growth will test the area of 1.4116 (strong resistance from September 2021), or the lower boundary of consolidation - 1.2775.
$XRP
Resistance levels: 1.5234, 1.6300
Support levels: 1.4116, 1.2775, 1.2133
So, since we have a bull run, an ascending channel and a strong consolidation, in this case it is logical to consider buying only, which can be done only from the support or after the resistance breakout. The target in the form of ATH 1.9669 is getting closer and closer
Rate, share your opinion and questions, let's discuss what's going on with XRPUSDT
Trade at your own Risk 👍
Regards, Trade Cryptocurrency
Stay Tuned for Further Updates.
#MarketInTheGreen
#XRPMarketShift
See original
$XRP ALERT: Enter Now at $1.46 – Big Move Imminent! 🚨
$XRP is consolidating at $1.462, showing a potential bullish continuation pattern. A breakout above $1.52 (key resistance) could push toward $1.60, $1.65, and $1.72 targets. However, a rejection here may lead to a pullback to $1.40 or lower.
💡 Trade Setup:
• Long Entry: Above $1.52, targets $1.60, $1.65, $1.72; stop loss: $1.44.
• Short Entry: Below $1.40, targets $1.36, $1.30, $1.25; stop loss: $1.48.
📉 Pattern suggests bullish momentum, but a breakout confirmation is critical. Manage risks tightly!
#BinanceHODLerTHE #GDPSteadyPCE2.1Down #MarketInTheGreen #BSCOnTheRise #EthereumAwakening?
$XRP is consolidating at $1.462, showing a potential bullish continuation pattern. A breakout above $1.52 (key resistance) could push toward $1.60, $1.65, and $1.72 targets. However, a rejection here may lead to a pullback to $1.40 or lower.
💡 Trade Setup:
• Long Entry: Above $1.52, targets $1.60, $1.65, $1.72; stop loss: $1.44.
• Short Entry: Below $1.40, targets $1.36, $1.30, $1.25; stop loss: $1.48.
📉 Pattern suggests bullish momentum, but a breakout confirmation is critical. Manage risks tightly!
#BinanceHODLerTHE #GDPSteadyPCE2.1Down #MarketInTheGreen #BSCOnTheRise #EthereumAwakening?
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