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Price is now testing the major support area again. This is the reason we told you to wait for some time. You can open a long position here with a tight stop loss below the $0.09 level. The resistance levels are mentioned on the chart.
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TOMO drops to the support level as mentioned. If your buy orders get filled then use a tight stop loss below $0.94 level. A bounce is expected from the support level.
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ARKM analysis:
Price is in a continuous downtrend on the daily timeframe. ARKM also broke the small uptrend line and we may see a move toward the $0.35 support level in the coming days. The major resistance is the $0.446-$0.452 area. Better to wait for some time for new entries.
Hello, my good friend, APE currency
It has a good drop and is supported in the range between 0.99 and 1 USD. If you see signs of a reversal, it can be considered. Please do not do anything without seeing confirmation.
#spot
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The sideways movement continues in Bitcoin. The market is again going in a range after the dump. There is not much to worry about as long a BTC holds the major support area.
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WAVES analysis:
Price kissed the support level and bounced from there. The resistance is $1.78-$1.87 area. This is no trade zone and better to wait for a clear break above the resistance area or test the support area.
Price got rejected from the resistance area and is now heading toward the support area again. Still, there is no good buying opportunity in AGIX, and it is better to wait for some time.
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Bitcoin dropped below the local level and now trading near the $26,000 level. The support remains the same and if you missed last time then you can place your buy orders in the support area and wait. We may see more sideways movement in the coming days.
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Ripple Vs SEC: Key Executives Signal Trial Readiness for Q2 2024
/ripple-vs-sec-key-executives-signal-trial-readiness-for-q2-2024/?utm_source=Crypto+VIP&utm_medium=telegram
Bitcoin Weekly analysis:
Price testing the support on the weekly chart. This is the key level on the weekly chart and if broken then we see a dump toward the next support of $17,620-$19,000 area. $25,000 is the crucial support on the daily and weekly chart and bulls need to hold it at all cost. Keep tight stop loss in all trades.
DAR analysis:
There is a small triangle pattern and we may see a breakout very soon. The resistance on the upside is $0.088 and the 0.095-$0.097 area. New entries are risky as the market can go either side. Better to wait for some good setup.
Nothing has changed in Bitcoin and the slow moment continues. More sideways movement is expected in the coming days before a breakout. Keep an eye on the support level and build your position near it with tight stop loss. A break below $25,000 will bring negative sentiments in the market and heavy selling.
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Whales Moving ETH Holdings To Exchanges, Is Crash Below $1500 Imminent?
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The percent of Bitcoin supply in profit has just fallen from 71% to 61%. This indicates that the average buying of 10% supply is around $28,000-$30,000 area. This is the key level for bulls as many will try to breakeven at this point.
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DOT analysis:
Price is now testing the major support of the $4.20-$4.40 area. You can accumulate some DOT here for the mid-term. The resistance levels are mentioned on the chart.
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Educational Post:
Funding Rates
The funding rate is the cost of holding an open position in a perpetual swap contract (perp). It is usually calculated by the difference between the [price of the perpetual swap contract] and [price of a spot-based index].
If funding is positive, the perp price is trading at a premium (above) the index price. Open long positions pay funding, open short positions receive funding. If funding is negative, the perp price is trading at a discount (below) the index price. Open short positions pay funding, open long positions receive funding.
SHIB analysis:
Price bounced from the support of 757-784 (not mentioning the zeros). The resistance is 855-878 and the price is unable to break above this resistance area. We may see another test of the 757-784 support area and if this support is broken then we see a move toward the 691-703 area.
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TOMO analysis:
Price rejected from the resistance of $1.60-$1.70 area. TOMO also broke the uptrend line and now trading below it. The next major support is the $0.97-$1.07 area and zone for opening new entries. Keep your buy orders in the range.
The support for MATIC was tested again, but it bounced back. If you've taken long positions, it's advisable to increase the stop loss and maintain the position. There's a resistance area of $0.585-$0.595, and it's possible to see a move towards that resistance area.
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