Crypto VIP Signal

28 декабря 2023 12:28

BNB analysis:

BNB breaks the resistance area and retests it. Price pumped hard after the retest and now reached near the next major resistance area. Let's see how the price reacts to the resistance area. You can book some profit at the resistance area.

Support Area: $250-$270

Major Resistance Area: $330-$345

Crypto VIP Signal

28 декабря 2023 06:33

Bitcoin again bounced to the resistance area. Price is respecting the support and resistance level and moving back and forth. We expecting the same sideways movement between support and resistance for this week.

Crypto VIP Signal

27 декабря 2023 09:29

The TOTAL2 (altcoin marketcap) is rejected from the $800 Billion resistance area. We may see a test of the $700 Billion support level before next move. This means we can see a 10-15% drops in altcoins. Better to use stop loss in all open positions.

Crypto VIP Signal

26 декабря 2023 07:49

Bitcoin has once again been rejected from the resistance area. Currently, the price is moving sideways and the volume is also dropping. Due to the Holiday season, we may experience low market volatility until the New Year since everyone is busy with their friends and family. It's a good idea to take a small break from the market and spend some quality time with your loved ones.

Crypto VIP Signal

25 декабря 2023 11:43

ETC bounced from the support area as expected. The long position printed more than 17% profit from our entry point. You can increase your stop loss to the breakeven point and hold the long positions.

Crypto VIP Signal

24 декабря 2023 19:04

DATA BTC pair also achieved all targets. Price made a high of 231 today and printed more than 190% profit from our entry. Our analysis team is working hard to find the best setups for maximum profit. Pin our channel on top to never miss a signal and share it with your friends and family. Keep Learning, Keep Earning 😊

Crypto VIP Signal

23 декабря 2023 19:14

CFX analysis:

Price has been rejected from the resistance area and is now ranging between the support and resistance levels. Consider opening a long position if the price falls to the local support area.

Local Support Area: $0.168-$0.174

Major Support Area: $0.132-$0.148

Major Resistance Area: $0.224-$0.244

Crypto VIP Signal

23 декабря 2023 06:14

Bitcoin has once again been unable to break through the resistance level. The bears are currently holding the resistance level and are applying significant sell pressure near the resistance area. It's important to keep an eye on the key level of $45,000. It is recommended to set a stop loss in all open positions to minimize risk.

Crypto VIP Signal

21 декабря 2023 19:54

MANA analysis:

Price retested the support level and bounced from there, indicating a potential move towards the resistance area. Long positions can be opened if the price drops to the support level or breaks above the resistance area.

Support Area: $0.427-$0.447

Resistance Area: $0.54-$0.562

Crypto VIP Signal

20 декабря 2023 20:03

FLOW analysis:

Price broke through the resistance level and retested it, indicating a potential move towards the next resistance area. Consider opening long positions if the price drops to the support level.

Support Area: $0.707-$0.74

Resistance Area: $0.947-$0.981

Crypto VIP Signal

19 декабря 2023 20:00

SAND analysis:

Price is now testing the support area and you can open small long positions with tight stop loss.

Support Area: $0.457-$0.48

Resistance Area: $0.612-$0.620

Crypto VIP Signal

19 декабря 2023 11:13

NEO has tested the expected support area and bounced from there. If you have opened long positions, increase your stop loss to breakeven price and hold. We may see another test of the resistance area.

Crypto VIP Signal

18 декабря 2023 10:09

ICP breaks above the major resistance area and price is now retesting the level. You can open small long position here with tight stop loss. The next major resistance level is $15.

Crypto VIP Signal

16 декабря 2023 18:57

STORJ analysis:

Price is currently testing a resistance area. A clear break above this resistance level would signal a bullish trend and offer an opportunity for new long entries.

Support Area: $0.648-$0.664

Resistance Area: $0.908-$0.976

Crypto VIP Signal

16 декабря 2023 11:38

MATIC has been rejected from the resistance area. If you have long positions open, increase your stop loss to the breakeven point and hold. We may see a move towards the resistance area again.

Crypto VIP Signal

28 декабря 2023 10:04

ETH bounced after the breakout as expected. Price is moving towards the resistance area. Altcoins are showing good upward movement as expected. We may see a continuation of the upward movement if the price breaks above the $2500 level.

Crypto VIP Signal

27 декабря 2023 09:45

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Meanwhile you can transfer a little fund on MEXC exchange so you don't miss this great opportunity because There's a high likelihood of this GEM coin listing on Binance and other major exchanges in the coming months. The project team's track record with Binance-listed coins speaks volumes.

Date & time of MEXC MEGA PUMP SIGNAL : 2pm UTC, December 29

Stay tuned. Happy trading 😊

Crypto VIP Signal

26 декабря 2023 15:19

Educational Post:

What is a Block Explorer?

In short, a block explorer is a tool that provides detailed analytics about a blockchain network since its first day at the genesis block. We can say a block explorer acts as a search engine and browser where users can find information about individual blocks, public addresses, and transactions associated with a specific cryptocurrency.

Some block explorers also provide real-time statistics and market charts, as well as data about mining pools, pending transactions, network hash rate, rich list, block validators, orphan blocks, hard fork, and much more.

In regards to pending transactions, block explorers can be useful for users that are waiting for block confirmations. For instance, many exchanges provide their users with the transaction ID of their deposit or withdrawal request so they can track the movement of their funds in real-time.

Depending on the type of blockchain, block explorers can also serve as a general information hub. For instance, there are thousands of ERC-20 tokens running on top of the Ethereum blockchain, and users can find data about them by checking their smart contracts on Etherscan or other Ethereum block explorer.

Crypto VIP Signal

25 декабря 2023 20:08

MAGIC analysis:

Price broke the resistance area and is now retesting it. You can open a small long position here with tight stop loss. We may see a continuation of the upward movement.

Support Area: $1.00-$1.06

Resistance Area: $1.24-$1.30

Crypto VIP Signal

24 декабря 2023 19:29

FRONT analysis:

Price is taking support at the small uptrend line. A break of the triangle will decide the next move. Better to wait for a break of the triangle for new entries.

Support Area: $0.270-$0.288

Resistance Area: $0.420-$0.435

Crypto VIP Signal

24 декабря 2023 09:51

Bitcoin Dominance is going down towards the support area. If Dominance breaks below this support level then we see continuation of the altseason. If Dominance bounce from the support then we see some dump in altcoins. Stop loss is recommended in all open positions and keep an eye on Bitcoin Dominance.

Crypto VIP Signal

23 декабря 2023 09:45

ETH broke the small downtrend line and is now trading above it. This is a good sign for the altcoin market and we may see a small upward rally in altcoins. The resistance for ETH remains the same.

Crypto VIP Signal

22 декабря 2023 12:25

SAND has rebounded from its support area and the long positions are now in more than 20% profit. It is recommended to increase your stop loss and hold the long position for maximum profit, as we may see a move towards the resistance area soon. The resistance level remains unchanged.

Crypto VIP Signal

21 декабря 2023 15:03

What Are Bitcoin Ordinals?

Bitcoin Ordinals were introduced in January 2023 as a method of generating Bitcoin NFTs by attaching information to individual satoshis. This is achieved through a process called “inscribing.”

Until recently, NFTs have primarily been minted and used on blockchains like Ethereum, Solana, and BNB Chain. This changed when the team behind Ordinals recognized that non-fungible tokens could also have a place on the Bitcoin blockchain. Consequently, this has led to the emergence of the Ordinals project.

History has proven that changing a piece of Bitcoin’s code is extremely difficult. This issue is mainly due to the decentralized network of nodes and developers who don’t want to risk network security. As such, Bitcoin NFTs have not gained as much traction. Nevertheless, the growth of the crypto ecosystem has opened the gates to innovative minds for whom the creation of Bitcoin NFTs is part of the future of Web3.

Since its inception, Ordinals have grown steadily as a growing number of users contribute by uploading different types of content, such as images, audio, and videos. Let’s take a closer look at how it works.

Crypto VIP Signal

20 декабря 2023 11:09

SUI moved as expected and tested the resistance area. The long position gave more than 30% profit from the entry point. You can book some profit here and hold the rest with tight stop loss. A break above the resistance area will send the price towards the $0.90 level.

Crypto VIP Signal

19 декабря 2023 13:19

Educational Post

What is an elastic supply token?

An elastic supply (or rebase) token works in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token.

In some ways, elastic supply tokens can be paralleled with stablecoins. They aim to achieve a target price, and these rebase mechanics facilitate that. However, the key difference is that rebasing tokens aim to achieve it with a changing (elastic) supply.

Wait, aren’t many cryptocurrencies operating with a changing supply?

Yes, somewhat. Currently, 6.25 new BTC is minted with every block. After the 2024 halving, this is going to be reduced to 3.125 per block. It is a predictable rate, so we can estimate how much BTC will exist next year or after the next halving.

Supply-elastic tokens work differently. As mentioned, the rebasing mechanism adjusts the token circulating supply periodically. Let’s say we have an elastic supply token that aims to achieve a value of 1 USD. If the price is above 1 USD, the rebase increases the current supply, reducing the value of each token. Conversely, if the price is below 1 USD, the rebase will decrease the supply, making each token worth more.

What does this mean from a practical standpoint?

The amount of tokens in user wallets changes if a rebase occurs. Let’s say we have Rebase USD (rUSD), a hypothetical token that targets a price of 1 USD. You have 100 rUSD safely sitting in your hardware wallet. Let’s say the price goes below 1 USD. After the rebase occurs, you’ll have only 96 rUSD in your wallet, but at the same time, each will be worth proportionally more than before the rebase.

The idea is that your holdings proportional to the total supply haven’t changed with the rebase. If you had 1% of the supply before the rebase, you should still have 1% after it, even if the number of coins in your wallet has changed. In essence, you retain your share of the network no matter what the price is.

Crypto VIP Signal

19 декабря 2023 07:29

Bitcoin has rebounded from its support level and is now testing its resistance level. The price is currently trading within a range, and there has been no significant movement in either direction. It is recommended to have stop losses in all open positions.

Crypto VIP Signal

17 декабря 2023 19:23

NEO Analysis :

NEO is been rejected multiple time s from the resistance area of $13.55 - $13.71 and on LTF its kinda consolidating. Price is expected from the support area of $11.54 - $11.94. Right now, price is indecisive at the moment, so better wait for the price to reach out those area to taking potential setups.

Crypto VIP Signal

16 декабря 2023 12:57

ICP analysis:

Price has reached a major resistance area. Let's observe how price reacts here as it is a multi-year resistance area. A break above this resistance level will bring a good rally.

Support Area: $6.95-$7.35

Major Resistance Area: $9:20-$9.75

Crypto VIP Signal

15 декабря 2023 10:21

ADA broke through the major resistance area of $0.46, and as expected, the price rose towards the $0.60 level. If you have opened long positions, book partial profits and hold with a trailing stop loss.

Support Area: $0.595-$0.607

Resistance Area: $0.685-$0.70