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Tron’s TRX price shows strong macro technicals pointing to a potential 2,000% rally from 2024 to 2025. Tron’s TRX price has been coiling in a mundane fashion for most of the summer. When reviewing the macro technicals, it appears that a triangular pattern is taking place, justifying the lackluster price fluctuations.
Bitcoin price has fallen into bullish interest dating back to almost one month ago, near the end of July. The bulls who missed the summertime rally may be enticed to open a position in hopes that the barrier will repeat history and prompt another.
Shiba Inu price market sentiment remains optimistic despite the penny-from-Eiffel style decline. Shiba Inu price shows extremely bearish technicals, confounding that a sweep of the lows event could be underway. The technicals suggested that an immediate liquidation could occur after a five-wave impulse into the bullish targets occurred.
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Bitcoin price shows a tight consolidation on a lower time frame – an ascending parallel channel – that repeats the motif of three larger channels that have developed on higher time frames since the start of 2022.
Dogecoin price is at the tail end of the most recent pullback from $0.0917. The largest meme coin pivots at $0.0686 at the time of writing, but it’s expected to close the distance to $0.1000 with its next move. Anticipation of the release of a Dogecoin-Ethereum bridge may prove a bullish catalyst.
Ethereum (ETH) price is set to enter a rare moment of silence as liquidity thins towards 16:00 CET, and traders await the comments from Fed chair Jerome Powell at one of the most important central bank events of this year.
Tezos (XTZ) price action is on the cusp of printing some violent swings as Fed chair Powell preparesto make one of his biggest speeches for the year. With investors looking for clues on what to do, the initial reaction will probably be a dovish one with a pop above a big technical hurdle. Only then will there be a substantial paring back of the gains, potentially with a nuclear implosion that will continue for days.
Bitcoin price shows a tight consolidation on a lower time frame – an ascending parallel channel – that repeats the motif of three larger channels that have developed on higher time frames since the start of 2022.
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