India wants CBDC to mirror its physical currency. But still | AD on Binance Square

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India wants CBDC to mirror its physical currency. But still RBI executive push for a crypto ban. #cbdc #india #crypto2023

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$ARK is on fire! 🔥🚀 If you're into blockchain tech and interoperability, ARK might already be on your radar. For those new to the scene, ARK aims to connect various blockchains, making it easier for them to communicate. Cool, right? At the time of writing, ARK is trading at approximately $0.39121. The day's range has seen a low of $0.340237 and a high of $0.40115. This uptick has caught the attention of traders and investors alike. Now, let's talk shop. If you're eyeing ARK for potential moves, here are some key levels to keep in mind: Resistance Levels: The next hurdles for ARK could be around $0.410 and $0.425. Breaking these might pave the way for further gains. Support Levels: On the flip side, support seems to be forming around $0.375 and $0.365. Holding these levels could be crucial for maintaining the current momentum. For those considering a trade setup: Entry Zone: Between $0.375 and $0.386 might be an optimal range to consider entering. Targets: 🎯 Target 1: $0.395 🎯 Target 2: $0.410 🎯 Target 3: $0.425+ Stop Loss: Setting a stop loss below $0.365 could help manage potential downside risks. Remember, the crypto market is as unpredictable as they come. While ARK's recent performance is promising, always do your own research and consider your risk tolerance before diving in. Happy trading, everyone! 🚀 #MarketRebound #Write2Earn

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BTC: Small moves before the Big! 🔥🚀 Bitcoin's been on quite the journey lately. At the time of writing, it's trading around $91,630, marking a 4.78% uptick from the previous close. Just recently, it even nudged past the $92,000 mark. This surge comes on the heels of President Trump's announcement about setting up a U.S. strategic reserve of cryptocurrencies, including Bitcoin, Ether, XRP, Solana, and Cardano. That news sent Bitcoin soaring to about $94,000 before it settled back down. But it's not all smooth sailing. Before this climb, Bitcoin had dipped below $83,000, reminding us all of its unpredictable nature. Looking ahead, some analysts are optimistic, eyeing potential targets of $94,381 and even the $100,000 milestone, provided Bitcoin can break through the current resistance levels. However, if selling pressure ramps up, we might see it testing support around $81,500 or even dipping to the critical $71,500 zone. Factors like global economic policies, regulatory changes, and the actions of major Bitcoin holders (whales) are all in play. Despite the ups and downs, the long-term outlook remains positive, with some experts predicting Bitcoin could reach up to $150,000, depending on market sentiment and broader economic conditions. As always, the crypto market is full of surprises. Stay informed and tread carefully! #WhiteHouseCryptoSummit #MarketRebound #TrumpCongressSpeech #BTC #Write2Earn $BTC

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Oh, Dogecoin, you unpredictable rascal! 🚀🔥🐶 Just when we thought we had you figured out, you go and pull a classic Bart formation on us. For those not in the know, that's when the price takes a nosedive, grabs some liquidity below equal lows, and then rockets back up into the premium zone. It's like watching a mischievous dog fetch a stick, drop it, and then snatch it back up again. Right now, all eyes are glued to the $0.214 - $0.237 zone. Why? Because that's where the magic might happen. If Doge can break through and hold steady in that range, we could be in for some exciting times. But if it gets stuck there, well, we might be fetching sticks for a while longer. Remember, in the world of Dogecoin, it's all about the liquidity games. So, buckle up and let's see where this wild pup takes us next! #MarketRebound #DOGE #BTC #xrp #Write2Earn $DOGE

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What is happening to the market ? ⚠️ Bitcoin's recent price action has been nothing short of dramatic. After a sharp decline from its recent highs, BTC is currently trading around $82,643. This downturn has left many traders and investors on edge, wondering about the next move for the leading cryptocurrency. The recent sell-off has been attributed to various factors, including profit-taking by large holders and broader market uncertainties. Notably, Fidelity's recent acquisition of $176 million worth of Bitcoin highlights that institutional interest remains strong, even amidst price fluctuations. From a technical perspective, Bitcoin's current price is testing the 200-day simple moving average (SMA) support at $82,587. This level is crucial; a sustained break below it could signal further downside, while a bounce might indicate a potential recovery. While Bitcoin's recent price action has been challenging, key support levels and ongoing institutional interest suggest that the market is at a pivotal juncture. Traders and investors should monitor these developments closely to navigate the current landscape effectively. #BTC #bitcoin #USCryptoReserve #MarketPullback #Write2Earn!

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Big GREEN reversal incoming for $ADA ? Cardano (ADA) has been on a bit of a bumpy ride lately. After hitting a 24-hour high of $1.0200, it's now trading at $0.7961, marking a 20.48% drop. This sharp decline has left many wondering: can the buyers step back in and steer the ship? Looking at the charts, there's a key resistance level at $0.8516. If ADA can push above this, we might see some recovery. On the flip side, there's support at $0.7576. If prices dip below this, it could spell more trouble. The MACD indicator isn't painting a rosy picture either, showing weak momentum and suggesting that bearish vibes are still in the air. Plus, trading volumes are on the decline, hinting that traders might be sitting on the sidelines for now. However, there's a silver lining. If ADA tests that support level, we could see a short-term bounce. But, it's probably wise to wait for signs that buyers are piling back in before making any big moves. In a nutshell, ADA's at a crossroads. Keep an eye on those key levels and watch for any signs of a turnaround before diving back in. #GPSonBinance #USTariffs #MarketPullback #ADA #Write2Earn

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