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Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
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- #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!👇️
- What are the Gate Post Community Growth Points? Learn how it works and what rewards you can get! 👇
XAI Rallied With Key Breakout — Will SAGA Follow a Similar Bullish Path?
Date: Mon, May 12, 2025 | 06:10 AM GMT The cryptocurrency market continues to build on its recent strength, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. BTC has crossed the $104K mark, while ETH has soared by 59% in the past 30 days. This bullish wave is spilling into altcoins too, including Xai (XAI), which managed to record impressive gains of 127% following a key breakout. Meanwhile, Saga (SAGA) also kicked off a rally with 92% gains and is showing signs of following a similar bullish path.
Source: Coinmarketcap XAI and SAGA Fractal Analysis In the daily chart (left side), $XAI broke out from a classic cup and handle formation — a well-known bullish reversal pattern. This breakout pushed the token from around $0.06 to a high of $0.10, marking a 60% gain post-breakout and a total surge of over 134%. Now, XAI is testing a crucial resistance zone near $0.11, marked in orange, which could determine its next move. If it successfully flips this zone into support, another leg up could follow.
XAI and SAGA Tokens Chart/Coinsprobe (Source: Tradingview) On the right side, $SAGA is painting an almost identical setup. It also formed a cup and handle structure and has just confirmed its breakout with strong bullish candles. Currently trading around $0.43, SAGA is still over 60% below its key resistance zone near $0.70–$0.75. However, if it continues to mirror XAI’s path, this could just be the beginning of a much larger move. What’s Next? If the broader market remains bullish and buying pressure continues, SAGA could follow XAI’s lead and surge towards the $0.70+ resistance area — which would represent a potential 60%+ upside from current levels. Momentum traders and pattern watchers may be keeping a close eye on this fractal similarity. However, both tokens are approaching or heading toward major resistance zones, which may trigger profit-taking or temporary rejections. It's crucial to monitor volume and breakout confirmations before entering trades. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.