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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
XRP Traders Anticipate Record Highs with 85% Chance of ETF Approval
In the exciting world of XRP trading, traders are buzzing with anticipation as the odds of ETF approval for Ripple’s native cryptocurrency rise to a promising 85%. This news has sparked optimism among investors, with many predicting new all-time highs for XRP in the near future.
With the potential approval of an XRP ETF on the horizon, market dynamics are shifting, and traders are closely monitoring the situation. The increasing likelihood of an ETF being approved has injected a sense of confidence into the XRP community, leading to bullish sentiments and positive price predictions.
If the ETF is granted approval, it could open up new avenues for institutional investors to enter the XRP market, driving up demand and potentially pushing prices to unprecedented levels. This development could mark a significant milestone for XRP and further solidify its position as a leading cryptocurrency in the digital asset space.
In preparation for potential all-time highs, XRP traders are strategizing and positioning themselves to capitalize on the anticipated price rally. As excitement continues to build, the XRP community remains optimistic about the future prospects of Ripple’s digital asset.
As the countdown to the ETF decision progresses, XRP traders are bracing themselves for what could be a game-changing moment for the cryptocurrency. The possibility of new all-time highs is fueling excitement and speculation, creating a buzz in the XRP trading community.
In conclusion, the rising odds of ETF approval for XRP are generating enthusiasm and high expectations among traders. The potential for new all-time highs is a tantalizing prospect that could reshape the XRP market landscape. Stay tuned as the XRP community eagerly awaits the outcome of this pivotal development.
The post XRP Traders Anticipate Record Highs with 85% Chance of ETF Approval appeared first on Crypto Breaking News.