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$SHIB š§§š§§š§§ šShiba Inu Price Set for a 2X Surge? šš„ Shiba Inu ($SHIB) continues to capture attention as bullish momentum sweeps through the crypto market. Based on my Elliott Wave analysis, SHIB shows a clear ABC wave structure, indicating a significant price rally may be on the horizon. Wave A began in late Q4 2023, laying the groundwork for a bullish pattern. Wave B, which marked a correction phase, concluded in early Q3 2024. Now, Wave C is set to propel SHIB toward $0.00050āan estimated 100% increase from its current value of $0.00002849. Supporting this outlook, whale activity underscores confidence in SHIBās long-term growth. The supply of SHIB on exchanges has plummeted as investors move tokens to cold wallets, reducing selling pressure. Meanwhile, top non-exchange addresses have been steadily accumulating SHIB, a bullish signal of growing demand. Key technical indicators also suggest upward momentum. The MACD shows a positive divergence, while the CMF at 0.14 reflects strong capital inflows. Immediate resistance lies at $0.00003 and $0.000035, with support levels at $0.000025 and $0.000020. If bullish momentum persists, SHIB could test $0.00005 in the coming weeks, doubling its value and rewarding patient investors. #priceanalysis
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$XRP Poised for a Breakout: $4 in Sight? XRP is currently consolidating after a massive 250% rally that pushed it past $2 last month. The token trades at $2.29, with analysts highlighting a bullish flag pattern that could signal another breakout. However, the TD Sequential indicator on the 4-hour chart shows a sell signal, suggesting a possible brief correction before resuming its upward trend. Key resistance lies at $2.46āa breakout above this level could ignite a rally toward $3 and potentially $4 with sustained momentum. The Relative Strength Index (RSI) is at 62, indicating bullish sentiment but leaving room for further upside. Market optimism is bolstered by Rippleās RLUSD launch and strategic partnerships. Yet, traders should monitor the $2 support level closely, as losing it could trigger bearish momentum. For now, XRP holders remain optimistic, watching for a breakout that could deliver significant gains. #RLUSDApprovalBoostXRP
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$XRP šØRipple Moves $915M in XRP: Market Buzz and Optimism Rise Ripple has stirred the crypto world by transferring 380 million XRP, valued at over $915 million, to an unknown wallet. This move has sparked debates, with some interpreting it as a selling strategy and others seeing it as a routine internal shift. Despite the speculation, Rippleās native token XRP has continued its bullish momentum, surging over 5% to reach $2.43, with experts predicting further gains. Adding to the excitement, Ripple recently secured NYDFS approval for its RLUSD stablecoin. This development has amplified market optimism, aligning with growing pro-crypto sentiment following Donald Trumpās election win. As XRP achieves a staggering 265% monthly gain, its potential rally to $5 is being closely monitored. Are these transfers part of a larger strategy or just routine blockchain activity? One thing is certain: Ripple remains in the spotlight. What do you think about Rippleās recent moves? Share your thoughts below! #RLUSDApprovalBoostXRP
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Top Cryptos to Watch in the Altcoin Crash: $ADA , $MTAUR, $AVAX , $DOGE The recent dip in the cryptocurrency market has created an exciting opportunity for savvy investors to accumulate promising assets at discounted prices. Here are four standout cryptocurrencies that could offer significant gains in the current market correction: 1. Cardano (ADA): With solid fundamentals, active trading, and growing adoption, ADA remains a strong contender. Its support levels around $1.20 and $0.76 suggest a rebound potential, with analysts projecting targets of $4ā$6. 2. Minotaurus (MTAUR): A rising star in gaming crypto, MTAUR combines unique in-game utility and community engagement. Its presale momentum and growing market attention position it for promising growth. 3. Avalanche (AVAX): Known for scalability and interoperability, AVAX offers a strong technical foundation. Experts recommend buying in the $41ā$37 range, targeting a recovery to $94ā$118. 4. Dogecoin (DOGE): The meme coin turned market staple continues to leverage its strong community and celebrity endorsements. With potential to surpass $1, DOGE offers high-risk, high-reward opportunities. This altcoin crash is a rare chance to invest in these projects, but always assess risks and research thoroughly before diving in. #MarketCorrection
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āEigen Whaleās $9M Move: Is Another Rally on the Horizon?ā š¤ $EIGEN A significant move in the crypto market is making waves: an EigenLayer whale has accumulated $9M worth of EIGEN tokens from Binance, transferring 2 million tokens in just two days. This bold purchase signals confidence in EigenLayerās long-term potential, even as its price dips slightly today. While this whale activity sparks optimism, not all market participants are as bullish. Tron founder Justin Sun recently sold 322,119 EIGEN ($1.44M), along with other tokens, raising some concerns. Currently, EIGEN trades at $4.44, down 1%, with a 24-hour high of $4.97 and a low of $4.38. Despite this, the market remains hopeful. Binanceās addition of EIGEN to its loanable assets earlier this year and increased interest from major players suggest potential for a further rally. Could these whale moves drive the next big surge? The signs are promising, but the market will decide. Whatās your take on this? #AltSeasonBoom?
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