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Activated🚀
3 percent positively
Please manage your position ☄️
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WLD has broken through the resistance area and is now in price discovery mode. The previously resistance area has now become support and we may see a retest of this area. The next resistance levels are around the $3.00 and $3.50 areas.
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Educational Post
What is ERC-1155 Token Standard?
ERC-1155 is a standard on the Ethereum blockchain designed to streamline and optimize the creation and management of digital assets. It was proposed by Enjin, a blockchain gaming company.
While prior Ethereum token standards like ERC-20 and ERC-721 could only manage one type of token (fungible and non-fungible, respectively), ERC-1155 is unique because it can manage multiple token types within a single contract. This reduces complexity and makes interactions more efficient.
ERC-20 tokens are fungible, like real-world currency, where each unit is interchangeable with any other. ERC-721 tokens, on the other hand, are non-fungible and represent unique items or assets.
ERC-1155 combines these functionalities. It allows for the creation of both fungible and non-fungible tokens within a single smart contract, with each token identified by an ID. It reduces the amount of data and code required for token transactions, thereby saving on gas fees and making operations more gas-efficient.
This versatility makes ERC-1155 ideal for various use cases, particularly in the gaming and digital collectibles sectors. For instance, in a gaming ecosystem, a single ERC-1155 contract could govern various types of tokens - representing game currency, unique characters, weaponry, skins, and more.
For the first time in 9 months, ETH wallets with balances of 10,000+ accumulate ETH for 9 days in a row. The accumulation is because of the ETH spot ETF hype.
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Bitcoin gave a fakeout above the resistance area but faced heavy selling again. Sellers are very aggressive at these levels and push the price downwards. BTC is now trading near the resistance area and a rejection from here will dump the market.
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Analysis of APEUSDT 📊
🔰 Time frame: 1h ⏰
🔖 The last ceiling range in the 1-hour time frame that can have an upward reaction
T.me/Binance_Futures_Spot_Signal 💰
OGN Analysis :
OGN is been kinda consolidating in a range between the support zone of $0.102 - $0.107 and expected it to reach out the resistance zone of $0.163 - $0.170. Well, can't do anything here, have to wait for a breakout over the zone around $0.143.
Accumulation rates can also be assessed using wallet size heuristics, where this chart considers all entities holding less than 100 BTC. These Shrimp (< 1BTC), Crabs (1 to 10BTC) and Fish (10 to 100BTC) capture a wide cross section of investors, from retail through to high net worth individuals.
In aggregate, their accumulation rates have exceeded new issuance since Feb 2022, being the longest and most sustained period in history.
Bitcoin is currently testing the resistance area repeatedly. There may be some movement on Monday when the global market opens. The support and resistance levels remain the same.
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EOS analysis:
Price shows a good uptrend and is able to hold above the support area. We may see a move towards the major resistance area in coming days.
Support Area: $0.614-$0.64
Resistance Area: $0.818-$0.832
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🟢1 month 66$ = $33 🔽
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ROSE analysis:
Price gives many fakeouts below the support to hunt stop loss. ROSE is now heading towards the major resistance area. Let's see how the price reacts on the major resistance areas.
Support Area: $0.065-$0.0675
Resistance Area: $0.079-$0.081
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