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No more donuts were necessary for the final #bear #BTC
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Do you see Bitcoin being a worldwide reserve currency in the future?
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XRP Bull Flag Breakout Could Reach $4, Analyst Says An expert said XRP might reach $4 if its 4-hour price breaks out of a bull flag pattern. XRP Consolidates In A Bull Flag Recently Analyst Ali Martinez noted in a new X article that XRP's 4-hour price is creating a Bull Flag. The technical analysis (TA) pattern known as the “Bull Flag” resembles a flag on a pole. After a rapid increase, the asset price consolidates downward. The initial uptrend is the ‘pole,’ while the consolidation stage is the ‘flag.’ Flag patterns consolidate within parallel channels. That is, between two parallel trendlines denoting price peaks and bottoms. A pennant is a trendline convergence pattern. The flag's higher level may oppose pricing, while its lower level may encourage it. A breach of either trendline may indicate a continuation of that trend. As a continuation pattern, a bull flag may break over the resistance level more often than the support line failing. The bear flag is similar to the bull flag. This one operates similarly, except the pole is a strong move down and the flag is a short consolidation period to the upside. The 4-hour XRP price recently reached the top of the bull flag consolidation channel, as seen in the graph. The asset failed a similar retest two days ago, but this might be the break. The TD Sequential is a TA indicator that predicts asset value peaks and bottoms. After price sees nine candles of the same hue, the setup begins. XRP's TD Sequential phase ended with nine green candles, signifying a possible bearish reversal. Before breaking over $0.246 barrier, the analyst expects a small pullback for the cryptocurrency. Martinez set the $4 objective for XRP because bull flag breakouts may be as long as the pole. #XRP #RLUSDApprovalBoostXRP #BitcoinKeyZone $XRP $BTC $ETH
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NULS Ecosystem on the Rise: Increasing Activity and Other Prospects to Build Upon The number of daily active accounts in the NULS blockchain ecosystem is increasing steadily which means there is interest in the usage of the platform. Such growth trends demonstrate the increasing demand for the platform and the voracity of this community to deploy its offerings of modular and flexible blockchain architecture. NULS has never been short of developers and we still urge other builders to arise in order to drive the decentralized vision further. We stand by developers 100% and our promise is absolute: we never claim ownership over any project built on the NULS mainnet. If you are seeking to deploy a new DApp, a DeFi solution, or an alternative blockchain tool, NULS has real assets and a strong community to push it further. Growth – we understand not only in terms of numeric figures, but growth – in terms of efforts, which we assume are transformative in nature. As part of such growth, we would like to go forth and showcase some exciting changes that we have been working on. These new features and improvements will enhance the wider NULS ecosystem and enhance the appeal of the NULS ecosystem. Aligned with our community driven model, large decisions and large shifts need community involvement. On that note, we will shortly make a major announcement, the one that contains the strategy we have and invites us to feedback. This way of carrying out the NULS development process helps in ensuring that NULS ecosystem is in line with the aims of the community. We strive to keep growing as developers and users in our community. NULS has a great future and bear in mind that we have just begun. #NULS #MarketMajorComeback #CPI4MonthsHigh $NULS
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Considering the rebound that is expected to occur following a three-wave downturn, Ethereum forecast The Elliott Wave charts of Ethereum (ETHUSD) that were released in the members section of the website are going to be the subject of this technical essay, in which we are going to review them briefly. The cryptocurrency is exhibiting impulsive bullish sequences in the cycle from the August 2024 low, which are calling for a further strength. This is something that was brought to the attention of a significant number of our members. We are going to provide an explanation of the Elliott Wave Analysis in the following discussion. The Elliott Wave Zig Zag pattern was formed by the completion of wave 4 (blue) of the ETHUSD pair at the 3490 bottom. At the moment, we are quite near to finishing the intraday pullback ((ii)) (black). As long as the price is higher than the low of 3490, we anticipate that the cryptocurrency will continue to gain momentum. There is a possibility that this will result in new highs. Rather of selling, we recommend taking the long side of the market. As anticipated, Ethereum continued to rally after maintaining its position above the 3490 low. It seems that we have finished three waves up to this point, according to the present perspective. To finish the five-wave cycle that began with the low at 3490, it would be great to have another high. An indication that the subsequent leg up is now taking place would be a break over the (3) blue peak, which is the high from December 6th. Following the conclusion of this break, we may consider purchasing intraday dips once again in the 3, 7, and 11 swings. #Ethereum #MarketMajorComeback #CPI4MonthsHigh $ETH $BTC
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