Now, now, don’t get too excited, old chap. There’s a teensy bit of a pullback, but don’t you worry, it’s just a minor setback. On-chain activity is on the up and up, and those institutional bigwigs are buying like there’s no tomorrow 📈. It’s all set for a ripping breakout, if those pesky resistance levels don’t get in the way 🚧.
Should the U.S. Securities and Exchange Commission confirm the withdrawal, analysts predict that XRP will gallantly charge through its immediate resistance at $3.30, moving gracefully toward $3.50, with a dash of bullish momentum possibly propelling it to the dizzy heights of $4.80. According to recent technical forecasts, this is not just a pipedream, my darlings, but a very real possibility! 🚀📊
In a recent analysis, The Boss, a chap who knows his candlesticks from his cricket bats, pointed out that Avalanche is laying down a technical foundation sturdier than Jeeves’s moral compass. He’s spotted a clear double bottom formation, which, when confirmed, is as reliable as Bertie Wooster in a tight spot-though, admittedly, that’s not saying much. 😏
The main beef? The deal’s all-stock, uncollared nature, which Two Seas says is as unbalanced as a one-legged chair. 🪑 Sina Toussi, founder of Two Seas, put it bluntly: “This deal undervalues the company more than a goblin undervalues honesty.” 💰
Ethereum wasn’t about to let Bitcoin hog all the spotlight, though. No, sir. ETH led the altcoin charge, rallying amid whispers of “crypto summer.” Apparently, regulatory clarity is now a thing (who knew?), with the U.S. and China playing nice-or at least pretending to. Organic investors are flooding in, probably because they heard someone at a dinner party mention “blockchain” and thought, “Why not?”
Word on the street (or rather, the mainstream media, which is almost as reliable as a fortune teller after three sherries) is that President Donald Trump is signing an executive order this Thursday that’s so daring, it makes daring look dull – allowing 401(k) plans to hold private equity, real estate, and yes, even crypto. The reaction? Bitcoin sprinted up 1.15%, probably yelling, “I’m in! Hold my blockchain!” while the stock markets, as expected, played it cautiously with a mug of lukewarm tea ☕️.
According to the ever-so-wise WSB Trader Rocko (who I’m sure has a very impressive beard), HBAR has been flexing its muscles since it broke above the $0.20 resistance level. 💪 It’s like that friend who suddenly starts going to the gym and won’t stop talking about it. The token surged to a high of $0.27, which is basically the crypto equivalent of a standing ovation. If it holds above $0.240, we might just see it hit $0.30. Or, you know, it could trip over its own feet. Anything’s possible in this circus! 🎪
On the 1-hour chart, XRP made a valiant leap to $3.089 before settling into a cozy range-bound existence. Resistance loomed ominously at $3.06 to $3.08, while psychological support hovered around $3.00 like a concerned parent. The intraday setup hinted at the possibility of short-term bullish trades, especially for those brave souls willing to enter between $3.00 and $3.02, with a stop-loss snugly tucked under $2.98. A breakout above $3.10? Well, that could unleash a flurry of momentum-driven scalps targeting $3.10 to $3.15, but let’s not get too excited-caution is the name of the game, given the lack of follow-through volume.
Now, if you’re anything like the average person who thinks “blockchain” is a fancy term for a new type of chain link fence, fear not! This method is as accessible as a pub on a Friday night, and you don’t even need to know how to spell “cryptocurrency” to join in on the fun. But beware, dear reader, for the internet is full of dubious platforms that promise you the moon but deliver only a bag of stale chips. So, without further ado, here are our top picks for cloud mining platforms that might just help you strike it rich (or at least make your cat a little jealous):
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