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The encryption market has become lively again recently! Bitcoin has just completed a breakthrough in a key technical form, and Dogecoin has been crazily swept away by whales XRP is also holding on to key support levels and may explode at any time. Let’s break down the latest trends and potential opportunities of these three popular coins step by step👇 🟧 Bitcoin (BTC): Breaking out of descending wedge, targeting $115,000Bitcoin has confirmed a descending wedge breakout on the 4-hour chart and is now firmly standing near $108,000. This pattern is often considered a bullish reversal signal, meaning prices are expected to continue rising in the short term. Since early October, BTC has been continuously forming lower highs and lows, until it finally broke above the upper edge recently, rushing to $111,000, and then fell back to confirm support at $108,000. If the key support level of $107,000 can be held, BTC is expected to usher in a 10% rebound, with a target range of approximately $114,500 to $115,000. The performance of trading volume is also very impressive: BTC trading volume surged 60.91% in the past 24 hours, reaching US$104.8 billion, and the market value has also stabilized at US$2.16 trillion. This shows that the market has strong liquidity and high participation, which provides impetus for subsequent rises.  in short:
If you are paying attention to the short-term opportunities of BTC, the current form is a typical breakthrough and retracement stage. The market is stable, the volume is sufficient, and it is a relatively healthy upward structure. 🐕 DOGE: Whales added US$120 million to their positions, expected to be 5 times by the end of the year?At the same time, there is also a lot of movement on the Dogecoin side. On-chain data shows that big whales swept away $120 million worth of DOGE in a short period of time! This is the largest accumulation of whales this year, and it immediately ignited community enthusiasm. Analysts mentioned that approximately 10.5 billion DOGE were absorbed by whales around $0.21, which shows that large investors are arranging in the bottom area, and historically this behavior often occurs before a big rebound. Another analyst also pointed out that the chart suggests that DOGE may see major news or a price breakout soon. What’s even more interesting is that institutional wallets are also taking advantage of price corrections to quietly accumulate funds. This pattern of secret collection usually means a strong potential upside in past bull markets. Some analysts even predict that as whales continue to increase their holdings and the market returns to the meme currency craze, DOGE is expected to rise another five times before the end of the year! Others mentioned that the Dogecoin Foundation recently acquired a controlling stake in an Italian football club. This cross-border move is also increasing DOGE’s real-world influence. To summarize:
As whales continue to buy and community popularity picks up, DOGE may become one of the most noteworthy sleeping beasts before the end of the year. 💧 XRP: Holding on to $2.3, preparing to break through the $2.65 markFinally, let’s look at XRP. While it has experienced a minor pullback recently, it is currently holding firmly above key support at $2.37, showing that bulls still have power.  XRP briefly rebounded to $2.52, but stalled under pressure from the short-term moving average. However, as long as the support is not broken, the structure is still healthy. XRP is currently encountering strong resistance between $2.48 and $2.65. If it breaks through $2.65, there is a chance to open up space above, with the target pointing directly at $3.06. However, if it falls below $1.96, the market may come under pressure again. Brief summary:
At present, the buying power of XRP is still there, and the key lies in whether it can break through the upper resistance with heavy volume. If the bulls can continue to hold the bottom, the next round of upward trend is also worth looking forward to. 📊 Summary: Overview of the trends of the three major currencies
💭 Final summary:Overall, the atmosphere in the entire crypto market is picking up. Bitcoin's breakthrough pattern, Dogecoin's whale position, and XRP's solid support all show signs of the return of buying power and the re-inflow of market funds. In the short term, BTC’s performance remains a market benchmark； DOGE relies on the trust of whales to become a potential flash point； Whether XRP's breakout is successful or not may affect market sentiment in the medium term. Investment advice: Stay patient, pay attention to key prices, do not chase highs but pay attention to high-volume breakthrough signals. The current market is brewing a new round of volatility opportunities. #Currency Circle#Bitcoin#Dogecoin#XRP Want to join the circle to chat together and seize the next opportunity? 📱 WeChat: ysygnb520  |
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