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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!👇️
Will Fartcoin Price Hit the $2 Mark With Buyers’ Support?
The price analysis shows that Fartcoin will continue its bullish momentum to achieve new price highs in the upcoming weeks. FARTCOIN price shows increasing strength through its higher high structure as buyers take control of the market direction
The Fartcoin coin price is about to break the $1 psychological level. If the price breaks above the $1 mark, investors may witness a fresh rally in the upcoming days. This will trigger a positive sentiment in the Fartcoin, pushing the price toward targets of $1.5 and $2.0.
According to CMC data, at the time of writing, the Fartcoin price is trading at $0.92514 with an intraday uptick of 10%. In the last 24 hours, the trading volume surged by 35%, and the volume to market cap stands at 42.67%, suggesting good liquidity.
Will Fartcoin Hit the $2 Mark?
Meanwhile, MACD formed a bullish cross heading in the upward direction with a green histogram. Overall, the indicators are demonstrating positive signs, suggesting Fartcoin may reach higher levels in the upcoming days.
Fartcoin price analysis indicates the rally has just begun, and more scope for upside is open. The buyers look more aggressive compared to the bears, so positive momentum may continue in the coming months. The positive market sentiments coupled with bullish indicators suggest that Fartcoin has a strong probability of reaching prices between $1.50 and $2.00.
Highlighted Crypto News Today:
Metaplanet Purchases Another 319 BTC, Becomes 10th Largest Bitcoin Holder