The crypto market barely nudged up the last 24 hours but the real star from the top 100 ain’t BTC or those other big names it’s the sneaky Venice Token (VVV) that stole the show 😈. Its price went straight to a fresh record high with tons of analysts calling for even more upside but a few are like holding now feels risky so maybe grab those profits while ya can fr 💀.

The Massive Pump Session 🚀

Just hours back VVV blasted to a new all-time high near $30 then eased off and now sits around $25.60 per CoinGecko after a solid 42 percent jump in 24 hours. That pushed its market cap over $1.2 billion which leapfrogged PI and ARB to land it at the 68th spot overall 📈.

The main spark came from the team dropping a fresh update where they burned a total of $391,000 worth of VVV which is the biggest null address send yet. This utility token for the Venice AI platform has a supply around 80.97 million coins with over half already circulating 🔥.
X user Crypto With Gopal claimed VVV showed a strong bullish breakout once price smashed above the $23 resistance zone and buyers are clearly running the show with the next key level near $29.20 here.

“A sustained move above it could open the door for another leg higher,” the analyst added.

OxNeena and Nebraskangooner jumped in too with the first one saying VVV is setting up for a massive move and calling for a jump past $30 if the trend sticks here while the other sees the chart as strongly bullish until proven otherwise here.

“Next fib resistances I’m seeing above are $27 area and $35 area,” he stated.

Time To Lock In Gains Tho? 💎

Crypto Patel also highlighted the rally but pointed out that securing profits at this point could be the wiser play saying if ya feel comfy with higher risk keep a small slice running for potential upside but after a 1,600 percent move protecting profits matters 💸.
The token RSI backs the idea that price could dip soon since it rocketed above 80 which means extreme overbought vibes and a possible pullback ahead 🌙.

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin’s been climbing roughly 20% over the past month and Ali Martinez thinks an even stronger pump might be on the horizon rn. 🖤 Other analysts tho believe the bear market ain’t done yet and could trigger a big short-term dip.

Will History Repeat Itself? 🌙

Bitcoin’s been hovering between $78,000 and $80,000 lately and trades near the middle of that range right now. Martinez noted BTC just reclaimed its Warm Supply Realized Price which tracks the average cost basis from the past one week to six months. The previous four times this happened it led to massive rallies like the 160% explosion in October 2023 and the 74% pump a year later.

https://x.com/alicharts/status/2097419017124294911
X user Crypto Rover spotted a golden cross forming on the chart and reminded everyone the last time this pattern showed up the bear market ended with a 500% surge. ✨ Another bullish vibe comes from spot ETFs pulling in almost $1 billion last week which shows big institutions are hungry for it. BlackRock’s IBIT leads with over $64 billion in net assets while Fidelity’s FBTC sits at roughly $10.3 billion. 💀

Crash on the Way? 😈

Some think a full bull run is coming but first BTC might face a steep drop. Crypto With Haris ₿ claimed the final dump is closer than most realize and envisions a plunge to $62,000 before the real uptrend starts.

https://x.com/Crypto__Haris/status/2097571845004574920
Crypto Lens argued BTC is finishing its last bull trap and could crash as low as $50,000. Crypto Patel added that a rejection at $83,000 keeps the structure bearish risking a slide to $50k but a daily close above it with a retest might open the door to $100,000. 🔥🕸️🦇💜🌑

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Just another echo from the void by iconofsin.eth 💖

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All crypto eyes rn are locked on those two huge events dropping next week plus the CPI inflation numbers on Friday 🖤 with some folks hyped for the FOMC meeting while others are all in on the CLARITY Act vote hitting September 15.

The XRP crew is def in that second group fr the countdown to the vote is blowing up as one of the hottest topics especially on X and Reddit.

One popular user RippleXity just spilled the tea on X about how massive the CLARITY Act could be for XRP since it might put the token at the center 😈

View tweet

XRP Got the Upper Hand? 🌑

That highly anticipated bill would set up a full framework splitting crypto oversight between the SEC and CFTC. For Ripple’s native token one of those big regulatory puzzles got solved already thanks to that long painful lawsuit.

Back in March the SEC straight up called XRP a digital commodity right next to BTC ETH SOL ADA and a bunch more assets. They explained these digital commodities pull their value mainly from the network itself plus supply and demand not from some profit expectations pushed by others’ big moves 🔮

Durability Hits Different Tho 🦇

The CLARITY Act could hand over something even better long term like real staying power since current SEC and CFTC vibes can flip with new admins but actual federal law is way tougher to undo. The bill would also lock in a solid regulatory setup for digital commodity exchanges brokers and dealers while giving CFTC more power over spot markets.

In a fresh interview Ripple’s CLO called September 15 a bellwether for whether full on crypto laws can keep moving through Congress and he pushed that the bill builds a way more permanent base than just agency rules alone 💀

September 15 Ain’t the Big Win 🔪

Even tho the XRP fam is pouring hopes into that date it’s key to note the Senate won’t actually vote to pass the CLARITY Act then. Instead they’re voting on cloture for the motion to proceed with H.R. 3633 which needs 60 votes and opens the door for formal Senate review.

Failing that move could tank the bill’s chances this year and the odds have already slid from over 70% down to around 30% lately. A big law enforcement hurdle got cleared last week when the National Sheriffs’ Association went neutral but a fresh report on Monday hinted the ethics drama might be even messier 🌙

Some Republican senators now think the legislation could flop next week especially without White House help on the divide over officials profiting from the space.

Ultimately XRP stands to gain from a solid cloture vote but only in a chill modest way. The real impact shows once the bill turns into law yet if the September 15 vote bombs XRP and the whole market could crash hard 🕸️ The drama might get worse the next day if the Fed raises rates and goes full hawkish.

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Just another echo from the void by iconofsin.eth 💖

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Bitcoin just pumped like crazy in August, surging almost 30% 📈. Some say the bear market is totally over fr, but others think another devastating drop still lurks for the biggest crypto asset 🖤.

Deep Bottom Vibes 💀

Alphractal founder Joao Wedson noted BTC’s Balanced Price sits near $38,400 rn, tho historical patterns don’t force prices back there. The Balanced Price metric has nailed deep cycle bottoms before, but the time gaps between hits keep stretching longer, from 732 days to 1,120, then 1,200 and 1,420 days 🔮.
https://x.com/joao_wedson/status/2096982825010409909
In this cycle Bitcoin has already spent about 1,400 days since its last touch with that zone. Time spent below the metric is shrinking fast too, down to just one day in 2022 😈. The Balanced Price hovers near $38,400 and factors in the spending of old coins to mark extreme capitulation zones. It doesn’t guarantee a revisit, yet Wedson hints BTC might break its pattern and skip $38,000 altogether. If history repeats the $40,000 area could still act as a capitulation target 🌑.
Meanwhile investors grow super confident the bottom is behind us, with “Very Bullish” vibes dominating socials. That optimism beats the uncertainty after late 2022 and early 2023, but it might backfire if bulls get wrecked by another plunge 💸. Forced liquidations could spark more selling then.

Speeding to New Peaks 🕷️

One trader bets on a new all time high by Q4 next year and sees BTC above $126,000 by November 2027. Killa noted cycles are shortening, letting new ATHs arrive quicker each time. From the 2022 cycle alone he projects a new peak no later than February 2028.
https://x.com/KillaXBT/status/2097058703904034845
The current run is moving even faster after bottoming three to four months earlier, which could pull everything forward 👀.

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Just another echo from the void by iconofsin.eth 💖

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