- Pin
- 🎁 12th Anniversary Celebration – Reward Distribution Notification
🎊 Congratulations to all winners! Rewards have been sent to your Gate accounts. Please check your balances
Note:
- In regions where shipping isn’t available, physical merch will be converted to equivalent vouchers — please be patient;
- If an item is out of stock, it will be substituted with merch of equal value.
🚀 Thank you for your support! Stay tuned for more exciting events
- 【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!👇️
FLR Eyes $0.02000 After Bullish Weekly and Daily Breakout Trends
Flare (FLR) posted a strong price rally within the last 24 hours, gaining over 17% to trade at $0.01766. The price rose from a low of $0.0152 and peaked at $0.01894. CoinMarketCap data shows that FLR’s market capitalization surged by 15.94% to reach $1.11 billion. Alongside this move, the trading volume jumped by 200% to stand at $43.63 million. This reflects heightened interest and increased activity across the market. The recent upswing marks a continuation of gradual gains, with price action now approaching its intra-day high.
Further, FLR has gained over 9% over the past seven days and added 13.2% in the monthly time frame. The token rose by $0.0039 on average during that period. Cryptoinsightuk’s weekly chart indicates FLR surged 41%, moving from $0.0108 to $0.0187 before settling near $0.0171. Volume bars confirm a rising trend in interest, supporting the strength of this recent breakout
The Relative Strength Index has moved upwards to 45, signaling recovering momentum after a long decline. Additionally, the Stochastic RSI has shown a bullish crossover from oversold territory, which often indicates the start of a new uptrend.
FLR Targets $0.02000 After Daily Breakout Confirmation
On the daily chart, FLR crossed above the 20-day simple moving average on the Bollinger Bands. This move shows renewed price strength and market engagement. The upper Bollinger Band, at $0.0187, now acts as immediate resistance. support lies around $0.01700 and deeper at $0.01392. Daily trading volume reached 54.17 million, underlying increased participation in the current rally. The Bollinger Bands are expanding, pointing to elevated volatility and momentum.
The MACD indicator has also confirmed a bullish crossover, with the MACD line climbing above the signal line. Green bars on the histogram confirm positive momentum building in the short term. If buying pressure continues, the next price target stands at $0.02000. A successful break could open the path to $0.02250, marking a key resistance areaFlare is now gaining attention across multiple timeframes, with indicators confirming strength.