Crypto VIP Signal

18 августа 2024 16:39

Negative funding rates usually mean shorts are paying longs, indicating bearish sentiment. However, in 2024, Glassnode data shows that #Ethereum's funding rates have predominantly been positive, pointing to a bullish outlook from the market.

Crypto VIP Signal

18 августа 2024 07:52

Bitcoin continues to test the $60,000 mark but has not broken above it yet. A clear movement may be seen on Monday when the global market opens.

Crypto VIP Signal

17 августа 2024 16:18

Educational Post

What Is TON?

TON, short for The Open Network, is a decentralized ecosystem that has the TON Blockchain as its core component. Created by the team behind Telegram, TON aims to address the limitations of existing blockchains, such as scalability, speed, and usability.

History of TON

The development of TON started in 2018, led by Telegram’s founder, Pavel Durov, and his brother, Nikolai Durov. At first, the project aimed to integrate a blockchain-based cryptocurrency (Gram) into the Telegram ecosystem, allowing users to make transactions and access decentralized applications (DApps) directly from the messaging app.

Despite initial enthusiasm and a successful fundraising campaign, legal challenges from the U.S. Securities and Exchange Commission (SEC) forced Telegram to halt its involvement in the project in 2020.

The project was later revived by the open-source community and rebranded as The Open Network (TON). Today, TON is maintained and developed by a community of developers and enthusiasts.

How Does TON Work?

Consensus mechanism

TON uses a Proof of Stake consensus mechanism, where validators are selected based on the number of TON tokens they hold and stake as collateral. Validators are responsible for verifying transactions and adding them to the blockchain. In return, they earn rewards in the form of TON tokens.

Multi-chain architecture

TON adopts a multi-chain architecture that includes the TON blockchain as the masterchain and smaller chains known as workchains.

The TON masterchain is responsible for managing the core ecosystem data, including protocol updates, blockchain validations, and operations between different chains. The workchains are customizable networks that can operate independently and serve different purposes

Crypto VIP Signal

17 августа 2024 08:47

Bitcoin is currently attempting to surpass the $60,000 level. We will have to wait to see if the price can break above it. If there is a rejection at this point, the price will likely move back towards the lower support area. It is anticipated that there will be sideways movement over the weekend.

Crypto VIP Signal

16 августа 2024 16:57

The Accumulation Trend Score (ATS) has surged to its maximum value of 1.0, highlighting a major shift back to accumulation. This indicates significant accumulation in the market over the past month.

Crypto VIP Signal

16 августа 2024 09:01

Bitcoin gives a wick to the $56,000 level and is instantly pumped from there. We may see some range trading between the $55,000-$60,000 area for the next few days.

Crypto VIP Signal

15 августа 2024 15:50

Positive CVD values suggest a net buy-side pressure, where as negative values infer a net sell-side pressure.

When we analyze the yearly median value of Spot CVD, we can see that the median value has fluctuated between -$22m and -$50m over the last 2 years, suggesting the presence of a net-sell side bias.

Crypto VIP Signal

15 августа 2024 09:01

As said Bitcoin is giving mixed signals and the price again drops below the $60,000 level. The lower support is $55,000-$56,000 and a possible test of this level is expected before the next move.

Crypto VIP Signal

14 августа 2024 15:27

Since March, the outlook for Ethereum (ETH) recovery has been dim. The burn rate has hit an all-time low, while inflation has soared to all-time highs since the switch to Proof of Stake (POS). By the next halving, ETH could surpass Bitcoin in terms of issuance. The transition to Layer 2 solutions isn't generating enough usage to drive demand.

Currently, the primary use case for ETH seems to be moving stablecoins. Additionally, Uniswap's trading volume is declining sharply, with current activity barely over 10% of what it was in March, and the downward trend continues.

Crypto VIP Signal

14 августа 2024 12:49

$BCCOIN pumping hard since our call and made a high of 3.35$ . The position printed a peak profit of more than 4X from our entry. We hope you booked some Massive profit From our Insider call.

Crypto VIP Signal

13 августа 2024 21:55

CFX analysis:

Price bounced from the support area and is now trading in a non-trading zone. You can open a long position at the support area if the price retests this zone.

Support Area: $0.10-$0.112

Resistance Area: $0.14-$0.15

Crypto VIP Signal

13 августа 2024 11:28

ORDI tested the support area and bounced from there. I hope you opened a long position at the support area. The long position is now more than 16% in profit. You can increase your stop loss to the breakeven point and hold the trade. The resistance level remains the same.

Crypto VIP Signal

12 августа 2024 20:54

LPT analysis:

Price is currently approaching the resistance area. We will observe how price responds to this level. If there is a rejection, the price will likely move toward the support area.

Support Area: $9.00-$9.60

Resistance Area: $12.90-$13.50

Crypto VIP Signal

12 августа 2024 12:06

Bitcoin Dominance continues the uptrend as expected. Dominance is dropping now and we may see a test of the local support area.

Local Support Area: 56.75-56.85%

Major Support Area: 54.90-55.30%

Crypto VIP Signal

12 августа 2024 08:47

Bitcoin began the week with a red candle and broke through the support area in a downward direction. Let's see how the price reacts when the US market opens. If the daily candle closes below the support area, we can expect some selling in the market.

Crypto VIP Signal

18 августа 2024 11:46

IRIS tested the support area as expected. We hope that you opened a long position at the support area. The price bounced from the support area and now we may see a move towards the resistance level. The position has printed more than a 17% profit from our entry. Hold the position with a trailing stop loss.

Resistance Area: $0.018-$0.019

Crypto VIP Signal

17 августа 2024 19:39

SKL analysis:

SKL is currently testing the support area, providing an opportunity to open a long position with a tight stop loss. There might be some accumulation at the support area before the next move.

Support Area: $0.030-$0.033

Resistance Area: $0.0525-$0.056

Crypto VIP Signal

17 августа 2024 11:29

The total marketcap of altcoins (TOTAL2) is trading within a range defined by the support and resistance levels. If TOTAL2 can surpass the resistance level, we could expect a strong uptrend in altcoins. At the moment, altcoins are in an accumulation phase, and we might experience some sideways movement for the next few days.

Crypto VIP Signal

16 августа 2024 21:01

REZ analysis:

Price was rejected from the resistance area and is now finding support at the trendline. There may be a move towards the resistance area again. Consider opening a long position with a tight stop loss.

Support Area: $0.0425-$0.043

Resistance Area: $0.053-$0.055

Crypto VIP Signal

16 августа 2024 11:32

ETH is displaying strength against BTC. It has not dropped much despite Bitcoin volatility, indicating accumulation. There might be an accumulation in ETH before it tests the resistance area.

Crypto VIP Signal

15 августа 2024 20:59

ANKR analysis:

Price is currently testing the support area, and we anticipate a rebound from this level. Consider opening a long position with a tight stop loss.

Support Area: $0.024-$0.025

Resistance Area: $0.032-$0.033

Crypto VIP Signal

15 августа 2024 12:19

LPT has been rejected from the resistance area and is now moving towards the support area. Consider placing buy orders in the support zone and wait.

Support Area: $9.00-$9.60

Crypto VIP Signal

14 августа 2024 21:06

IRIS analysis:

Price is currently trading within a range, indicating a neutral zone. It's advisable to wait for a test of the support area before considering new entries.

Support Area: $0.0115-$0.0122

Resistance Area: $0.018-$0.019

Crypto VIP Signal

14 августа 2024 13:12

The TOTAL crypto market cap dropped to a lower support area to grab liquidity and then rebounded from there. Prices are showing a strong upward movement, and the support level has also been retested. We may see a continuation of the upward movement in the crypto market.

Crypto VIP Signal

14 августа 2024 10:26

The price of Bitcoin has risen above $60,000 but is currently showing mixed signals, with no clear indication of a definitive upward or downward movement. It appears to be moving sideways around the $60,000 level, suggesting the potential for a significant price movement soon.

Crypto VIP Signal

13 августа 2024 16:23

Educational Post

What Is Monetary Policy?

Monetary policy refers to the actions taken by a nation's central bank to regulate the money supply and the cost of borrowing in the economy. Monetary policies are used to achieve specific economic goals, such as controlling inflation, managing employment levels, or encouraging economic growth.

To implement monetary policy, central banks can adjust interest rates, conduct open market operations (OMOs), and alter reserve requirements for commercial banks. By influencing the supply and cost of borrowing money, they can either increase economic activity or cool down an overheating economy.

How Does Monetary Policy Work?

Monetary policies can be either expansionary or contractionary.

Expansionary monetary policy

Expansionary monetary policies typically involve lowering interest rates while increasing the money supply to stimulate economic growth. They are often implemented during recessions or periods of low economic activity. The goal is to make borrowing cheaper, encouraging consumers to spend and businesses to invest, thereby boosting overall economic activity.

Imagine that the central bank of Country X wants to stimulate the economy by lowering interest rates. Jane and John, residents of Country X, notice that borrowing costs have decreased. Jane decides to take out a loan to start a new business, while John takes advantage of lower interest rates to buy a new home. As such, demand for goods and services increases, leading to job creation and further economic activity.

Example: 2008 financial crisis

During the 2008 financial crisis, the U.S. government implemented an expansionary monetary policy to revive the economy. They lowered interest rates and introduced quantitative easing (QE), i.e., buying government and mortgage-backed securities. This increased the money supply and made borrowing cheaper. Consequently, consumers spent more, businesses invested more, and the economy began to recover.

Contractionary monetary policy

Contractionary monetary policy involves raising interest rates and decreasing the money supply to slow economic growth and combat inflation. By making borrowing more expensive, the central bank aims to reduce spending and investment, decreasing overall demand and cooling down the economy.

Imagine that the central bank of Country Y wants to control rising inflation by increasing interest rates. Residents Sarah and Mike find that the cost of borrowing has gone up. Sarah decides to delay her plans to expand her business, and Mike postpones buying a new car. Consequently, consumer demand falls, and businesses see a decline in sales, which helps lower inflation and stabilize prices.

Example: early 1980s

In the early 1980s, the Federal Reserve used a contractionary monetary policy to combat high inflation in the United States. The Fed raised interest rates, making borrowing more expensive. This successfully brought down inflation but also led to a temporary increase in unemployment.

Crypto VIP Signal

13 августа 2024 09:14

Bitcoin retested the support area but was unable to break above it. The price needs to break above $60,000 to gain positive momentum. Let's see how the price reacts in the next couple of days.

Crypto VIP Signal

12 августа 2024 15:11

CRV breaks the falling wedge pattern in an upward direction. We are looking to retest for opening new long positions. The falling wedge is a bullish pattern and usually brings a good rally.

Support Area: $0.275-$0.28

Resistance Area: $0.40-$0.44

Crypto VIP Signal

12 августа 2024 09:07

Binance Will Delist CVP, EPX, FOR, LOOM, REEF, VGX on 2024-08-19
https://www.binance.com/en/support/announcement/e2fcd2c945654c8d832395335429403e

Crypto VIP Signal

11 августа 2024 20:32

ORDI analysis:

Price gave a fakeout below the major support area to liquidate overleveraged positions. ORDI is now trading at the support area, and you can open a long position with a tight stop loss. We may see a move towards the next resistance area.

Support Area: $26-$28

Resistance Area: $33.60-$35.50