These levels are likely to act as strong support and resistance zones.
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CPI data will be released at 6:00 PM IST.
Previous: 3.5%
Forecast: 3.4%
If inflation is above 3.4% β Markets could drop..
If inflation is below 3.4% β Markets could rally..
If inflation is 3.4% β Expect a mixed reaction..
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Master of Crypto
Quick dump is coming in SCRT..
$SCRT Dumped as expected β
β€24π’3π2π³2π₯1π―1
Master of Crypto
$SCRT Dumped as expected β
SCRT is literally digging itself into the ground. π
This is how low cap coins can perform after a quick pump.
That sudden pump is often just a liquidity grab.
So whenever you see a low cap coin pumping out of nowhere, stay careful..
This is how low cap coins can perform after a quick pump.
That sudden pump is often just a liquidity grab.
So whenever you see a low cap coin pumping out of nowhere, stay careful..
5π14β€8π6π±3π³2π―1
Master of Crypto
US inflation falls to 3.4%
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Master of Crypto
HMSTR has broken out of the wedge pattern and is now testing the breakout area. If this level holds, the next move could push the price 50% to 55% higher.. This looks like a good level to keep an eye on.
Hamstern has successfully retested its breakout area, and from here, a bounce back could happen at any time.
A 30% to 40% pump is expected from this level.
A 30% to 40% pump is expected from this level.
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Master of Crypto
Ethereum could break down at any time, and if it happens, the price could fall to $1,850. Even though Ethereum is forming a bullish pattern, the chances of a bearish move are still high.
As I mentioned earlier, even though Ethereum was forming a bullish pattern, I clearly said a breakdown was expected.
And exactly that happened.
ETH broke down and the price started falling.
The next important support is around $1,800.
If ETH fails to hold this level, price could fall toward $1,750.
And exactly that happened.
ETH broke down and the price started falling.
The next important support is around $1,800.
If ETH fails to hold this level, price could fall toward $1,750.
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Master of Crypto
Solana is forming a Symmetrical Triangle and the price is moving inside the pattern. The chances of a breakdown look high from here. If the support breaks, SOL could fall below $70.
Solana is still moving inside the symmetrical triangle..
But honestly, thereβs a high chance it could break down anytime soon.
If that happens, SOL could easily drop below $60. π
But honestly, thereβs a high chance it could break down anytime soon.
If that happens, SOL could easily drop below $60. π
π₯12π5β€4π±3π³3π2
Master of Crypto
On the 4H chart, BNB is showing signs that a breakdown could happen. If the support breaks, price could fall below $600. Next support is near $580 from where price could reverse.
Bnb is about to breakdown its Trendline resistance..
Next support is near $580.
Next support is near $580.
β€12π³4π±1π―1
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Crypto News | Today's Key Updates π¨
π° Tetherβs USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools. β³ Source
π°Bitcoin slips near $63,500 as traders look past CPI to Fedβs next tests. β³ Source
π° Bitcoin holds near $64,000 as U.S. inflation dataβ¦
π° Tetherβs USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools. β³ Source
π°Bitcoin slips near $63,500 as traders look past CPI to Fedβs next tests. β³ Source
π° Bitcoin holds near $64,000 as U.S. inflation dataβ¦
π8β€3π³3π―2π1
Master of Crypto
On the 4H chart, BNB is showing signs that a breakdown could happen. If the support breaks, price could fall below $600. Next support is near $580 from where price could reverse.
Bnb Breakdown the Trendline as expected. Next resistance $580 from where the Price could show reversal Sign.
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All eyes on EPIC..π
It is already near the bottom and a pump could happen anytime.
$0.488 looks like a possible target from here.
It is already near the bottom and a pump could happen anytime.
$0.488 looks like a possible target from here.
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