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BIG BREAKING NEWS 🚨 #BITCOIN JUST HIT $61,500 🚀🚀 Is The Flush Out Over?? #Bullish
BIG BREAKING NEWS 🚨
#BITCOIN
JUST HIT $61,500 🚀🚀
Is The Flush Out Over??
#Bullish
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JUP STALLS AT RESISTANCE: Wait or Watch? 🤔 $JUP recently faced resistance at $1.14-$1.22 and is now drifting towards its support zone of $0.835-$0.895. This indicates a potential period of consolidation or a possible price correction.📉 Here's what to watch:👀 Price Action: If #JUP bounces off the support zone, a potential trend reversal could be in sight. A break below support could signal further decline. #Trading Volume: Low volume during consolidation suggests indecision. High volume on a breakout or breakdown confirms a stronger move. News and Events: Keep an eye on any upcoming news or developments related to #Jupiter or the broader crypto market. These can significantly impact price movement. What's Your opinion on JUP ??
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#ARBITRUM EMERGES AS L2 LEADER: Dominates $ETH Deposits! 😱 Data reveals Arbitrum One as the king of Layer 2 (L2) solutions for #Ethereum deposits! A whopping 75% of all ETH flowing from centralized exchanges (CEXes) to L2s in May 2024 landed on Arbitrum. This highlights the growing popularity of L2 scaling solutions due to faster speeds and lower fees. Is Arbitrum the future of DeFi on #ETH ?
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#RIPPLE PRICE POISED FOR BREAKOUT? Key Levels to Watch👀 #XRP bulls may rejoice! Ripple price has potentially broken through a key resistance level.📈 This could signal a period of growth, but there are two potential scenarios: Scenario 1: Price Surge🚀: If the price of $XRP sustains its momentum above this resistance zone, further upward movement could be on the horizon. However, this is not guaranteed.🟥 Scenario 2: Support & Springboard: Alternatively, the price may experience a pullback and find support in the $0.4900-$0.4700 range. This could act as a springboard for another attempt to break resistance. What to Watch: Monitoring price action in the coming days will be crucial. A sustained push above resistance strengthens the #Bullish case, while a drop back to support indicates potential consolidation before another breakout attempt. Are you Bullish on XRP or Bearish??
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Buckle Up, #BITCOIN ! 💺 Trendline Test Incoming! 😱 $BTC eyeing a familiar foe: the resistance trendline. A potential bounce could be on the horizon, but keep your eyes peeled! A clean break above $65,500 is key for a significant #Bullish move. Here's a breakdown:💥 Trendline Retest: Price is approaching the established resistance line, a potential turning point. Bounce or Break? A bounce could signal renewed upward momentum.🚀 $65,500 is Critical🤔: A decisive close above this level could trigger a bigger surge
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