🌌 Why Solana’s Drop to $120 Might Be a Golden Opportunity
⚡ CryptoTrendz - 📌 Latest Trendz Uncovered!:
SOL eyes a dip to $120, but hope remains as Hedera and AVAX show rebound signs. MapleStory N takes on hackers, while Elon eyes a DEX via X. Fed hints at July rate cuts. Bitcoin sparks liftoff talk, with $330K targets and address activity back at 2020 levels. ✨Here’s an overview:
🔖 Bitcoin & Major Cryptocurrencies:
🔹Bitcoin is showing signs of a major liftoff, with historical trends pointing to a potential $330K before the bull market ends (Source).
🔹Active addresses have returned to 2020 levels, sparking curiosity about ongoing market activity (Source).
🔹Analysts foresee a parabolic rally, predicting Bitcoin will significantly outperform stocks if patterns repeat (Source).
🔹Michael Saylor forecasts Bitcoin reaching $21M by 2046 (Source).
🔖 Altcoins & Price Predictions:
🔹SOL could drop to $120, but there’s hope for recovery (Source).
🔹Binance might surge toward $660 due to a MACD reversal (Source).
🔹Avalanche (AVAX) could see a 30% upside after a wedge breakout (Source).
🔹Hedera’s price prediction suggests a recovery path after a 60% pullback (Source).
🔖 XRP & Ripple Developments:
🔹Ripple faces accusations of delaying an SEC lawsuit, leaving XRP’s future uncertain (Source).
🔹The company recently minted $13M RLUSD to challenge stablecoin leaders and fuel market predictions (Source).
🔹XRP’s daily RSI trendline has broken down, possibly signaling price shifts (Source).
🔹The evolving situation could impact XRP’s market stance (Source).
🔖 Industry News & Regulatory Updates:
🔹JPMorgan Chase refused to reimburse a customer scammed for $32,000 by imposters (Source).
🔹A private banker faces a lifetime ban after allegedly stealing $3.4M from clients (Source).
🔹The Federal Reserve may cut interest rates as early as July (Source).
🔹Wyoming plans to debut its WYST stablecoin in August, aiming for public good (Source).
🔖 Trends, Strategies & Market Insights:
🔹Elon Musk plans to reshape crypto with a DEX on Twitter, influencing altcoin picks (Source).
🔹Ray Dalio urges traders to watch a key benchmark amid economic uncertainty (Source).
🔹550M SHIB tokens were burned, with notable nuances in the process (Source).
🔹’MapleStory N’ is actively fighting back against thousands of hackers (Source).