XRP is forming a descending triangle pattern on the 4H timeframe. A potential breakout above the trendline indicates bullish momentum, while rejection could lead to further downside. The EMA is holding as dynamic support, adding strength to the structure.
Entry : Enter near $2.46 (current price)
Stop Loss (SL): Place SL below $2.30 for a safer setup.
Bitcoin freight although stuck in a narrow range between$ 29,000 and$ 30,000, reveals a bullish format ahead of the Securities and Exchange Commission’s( SEC) resolution on an trade- traded deposit( ETF) offer.
The most showy crypto trading at$ 29,400 on Friday, is down0.5 and with a$ 11 billion in trading measure. Bitcoin boasts$ 572 billion in request capitalization and request dominance which has remained fairly flat at around46.78 in the last 30 days.
Based on historical data, #LTC has consistently shown a pattern of reaching its peak approx 45 days before the halving event.
This trend was observed in 2015 and 2019, and it appears to be repeating in 2023, as Litecoin is already exhibiting signs of reaching a top this time 33 days prior to the halving.
In simple words #Litecoin Tops before the halving.
#Tether issued an additional 1 billion USDT on the TRON network today.
Coingecko data shows that over the past 90 days, the USDT market value has increased by $2.6 billion, while the USDC market value has decreased by $4.6 billion. Currently, USDT accounts for 65% of the total market value of stablecoins, while USDC accounts for 21. 4%.
After a strong rally in the alternate half of June 2023
the Bitcoin( BTC) price has been consolidating for a while around the$ 30,500 position.
BTC has been consolidating throughout July around these situations showing signs of contraction. This shows that there’s a possibility of an imminent rout going ahead.
On- chain data farther support that the rout could be in the upward direction going ahead. Crypto analytics firm Santiment points out the net realized profit loss vs price for