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RankPrize (BNB)
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#BinanceTournament #bnb #cryptoearning #TradingFestival #TrendingTopic $BNB

#GOATMoments A correction has arrived on the #cryptocurrency market. However, there are some coins that are still rising.
Top coins by CoinMarketCap
XRP/USD
The rate of XRP has fallen by 8.60% over the last 24 hours.
Image by TradingView
On the hourly chart, the rate of #XRP is trading in the middle of the narrow channel. Volatility has declined, which means sharp moves are unlikely to happen soon.
However, if the price drops to the $0.70 zone, the breakout may lead to a test of the $0.66 area tomorrow.
Image by TradingView
On the bigger time frame, traders should pay attention to the interim support level at $0.6673. While the price is above that mark, sideways trading is the more likely scenario. But if bears seize the initiative, the fall below the aforementioned rate might be a prerequisite for a further downward move to the $0.65 area and below.
Image by TradingView#BinanceTournament
On the weekly chart, the rate of $XRP has broken all possible resistance levels. Currently, one should focus on the nearest support at $0.6570. If the candle closes above it, the rise may continue to $0.80 next week.
XRP is trading at $0.7185 at press time.#Binanceturns6

#Binanceturns6 Fellow Binancians,
Binance will open trading for the #WBETH /USDT trading pair at 2023-07-19 06:00 (UTC).
To celebrate the launch, Binance is introducing a zero maker fee promotion for WBETHspot trading pairs. During the promotion period, all users will be eligible to enjoy zero maker fees on both WBETH/ETH and WBETH/USDT spot trading pairs.
Validity Period: 2023-07-19 06:00 (UTC) until 2023-08-18 06:00 (UTC).
Notes:
Standard trading fees apply after the promotion ends. Please refer to the #VIP tier fee structure for details.#Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.All trading volume and metrics related to the program are measured by Binance at its sole and absolute discretion.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance Team
2023-07-18#BinanceTournament

#Binanceturns6 The Cardano network has smashed a big milestone in transactions, which has hit the 71 million mark.
Per the weekly report by Cardano builder Input Output Global, the total number of transactions has reached 71.2 million.
Not only that, the number of native tokens has seen growth, currently reaching 8.55 million. These were minted across 77,035 token policies. Per the graphic posted, 134 projects have been launched on Cardano, while 1,264 are in various phases of development on the blockchain.
#Cardano community that time of week again! Massive progress as usual. Mithril is about ready to launch beta version on Mainnet & the age of Voltaire is nearly apon us!! Cardano $ADA @cardano_whale IOHK_Charles https://t.co/AqTI1ReG20— Chris O (@TheOCcryptobro) July 14, 2023
In an analysis provided by IntoTheBlock in May on the Cardano network, the on-chain analytics firm noted that the Cardano transaction count stayed quite stable during bear market conditions, recording an increase from the yearly lows.
Also, a clear increase was spotted in transaction volumes, pointing to activity.
A major catalyst seems to be the May Hydra upgrade. Hydra is a Layer-2 scaling solution that was created to boost the throughput and scalability of the Cardano blockchain by processing transactions on a sidechain.
Also, the total amount of ADA placed in DeFi applications on Cardano has significantly increased and reached new all-time highs of 720.27 million $ADA , according to DefiLlama data.
Other advancements
Other advancements for the Cardano blockchain were reported in IOG's weekly report.
The Lace team released v.1.3, which introduces "#ADA Handle" support for the regular and personalized handles, which users can test in the preview testing environment. Mithril is also approaching beta launch on the mainnet.
#Cardano 's innovation fund, Project Catalyst, saw the close of the proposal submission phase for Fund 10, with a whopping 1,577 proposals submitted. Proposal authors have until July 17 to edit their ideas before the final edit stage closes.#GOATMoments #BinanceTournament @wisegbeve

#GOATMoments Shiba Inu Price #Analysis : In the weekly time frame chart, the Shiba Inu price shows the formation of a falling wedge pattern. Under the influence of this pattern, the coin price coverage within two downsloping trendlines suggesting the downward trend is reaching maturity. However, as of now, the coin price has recently bounced back from the lower support trendline indicating a bullish reversal within the pattern’s range.
Shiba Inu Price Daily Chart:
An ascending triangle pattern carries the current recovery phase in SHIB price.A bullish breakout from $0.00000845 will set the memecoin for a bullish upswing to $0.00000965The intraday trading volume of the Shiba Inu coin is $89.2 Million, showing a 6.53% gain.
Source- Tradingview
After the early June sell-off, the #Shiba Inu price rebounded from the support trendline of the wedge pattern. The bullish reversal triggered a bull cycle with the pattern and ideally set a rally back to the overhead trendline.
The fresh rally surged the popular memecoin by 55% and reached the $0.00000845 barrier. Amid the current uncertainty, in the crypto market, the buyers are struggling to break this resistance and create a short consolidation below.
However, this consolidation shaped into an ascending triangle pattern in the daily time frame chart, indicating the SHIB price is witnessing gradual accumulation from buyers. In response to this pattern, the memecoin could break the $0.00000845 as a signal to uptrend continuation.
What if SHIB Price Breaks $0.00000845 Barrier?
If the overhead supply at $0.00000845 resistance persists, the #ShibaInu price may prolong the sideways trend for a few more trading days. However, the converging range of the ascending triangle pattern will eventually lead to a breakout move, with more probability of surpassing $0.00000845. This breakout could offer potential buyers an opportunity and lead the price rally to $0.00000965, followed by $0.0000119.
Relative Strength Index: Despite a lower low formation in SHIB price, the daily RSI slope forming the same low indicates the increased accumulation from buyers and therefore potential for recovery.Exponential Moving Average: The $SHIB price below the 100 EMA of the weekly chart indicates the long-term trend is bearish.#BinanceTournament