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Toncoin (TON) Price Consolidates as Bearish Pressure Rises
October 22, 2024The Toncoin (TON) price has recently exhibited signs of consolidation, with indicators indicating a lack of clear momentum in either direction. The Relative Strength Index (RSI) and other technical indicators…
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FTX’s Auction of 22.3 Million Worldcoin Tokens Puts Pressure on WLD Price
October 3, 2024The price of WLD is under immediate pressure, experiencing a 3.93% decrease today and a significant 20% drop over the past week, following FTX’s auction of 22.3 million tokens at…
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HODLers’ Selling Pressure Halts Bitcoin Recovery Movement
July 13, 2024On-chain data reveals a significant trend indicating that Bitcoin long-term holders have been actively selling their holdings, potentially contributing to the current bearish momentum in the market. One key metric…
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Decrease in USDT Exchange Outflows Suggest Lesser Selling Pressure
July 1, 2024Recent data analyzed by CryptoQuant reveals a significant trend in the top 10 USDT transactions, indicating a decrease in outflows from exchanges. This shift is crucial in understanding market dynamics…
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Bitcoin Miner Holdings Decrease to Lowest Level in 14 Years as Pressure from BTC Halving Increases
June 20, 2024The depletion of miner-held Bitcoin (BTC) has reached its lowest point in over 14 years, with just 1.9 million BTC in reserves, down from 1.95 million at the start of…
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Bitcoin Traders Anticipate Prices Reaching $74K Highs as Selling Pressure Relaxes
May 16, 2024Bitcoin’s price potential keeps climbing, with predictions now reaching as high as $74,000 in the near future. This surge is being driven by a combination of softer U.S. inflation numbers…
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Weekly Support Breakdown Puts XRP Price at a Crossroads with Bearish Pressure
January 29, 2024In a recent tweet, prominent crypto analyst Crypto Tony raised concerns about XRP’s position in the market. He pointed out that XRP had fallen below the crucial $0.54 support level,…
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Shiba Inu (SHIB) Holds Strong Amidst Pressure, XRP Faces Descending Channel, Is Cardano (ADA) Growth Premature?
Shiba Inu’s price is currently at a critical juncture, trading below the 50-day moving average, which is serving as a dynamic resistance level. The 100-day MA is currently being tested…
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Analysis of XRP’s Ability to Weather Pressure at the 200 EMA Level
January 8, 2024XRP, like many other cryptocurrencies, has been facing significant market pressure recently, leading to concerns about its ability to withstand the challenges it is currently facing at the 200-day EMA…