FLOKI Analysis :
FLOKI is bouncing off from the Major Support zone and forming a triangle pattern over it. Market looks very healthy as of now, and long positions can be open after a breakout.
Major Support : $0.00010 - $0.00013
Breakout level : $0.00013
Educational Post
What Is Parallelization?
Parallelization (Parallel Transaction Execution) is a method for processing multiple tasks at the same time. Parallelization is based on the idea of parallelism, which is a concept in computer science that describes the ability to execute multiple processes simultaneously. For blockchain technology, this approach increases the number of transactions per second (TPS) and improves the overall throughput of the network.
How Parallelization Works
Parallelization structures the network to validate multiple transactions simultaneously instead of processing them sequentially (one by one). It uses the available network resources and spreads the task of transaction execution across multiple nodes.
Parallelization checks many potential network states simultaneously, each showing the outcome of validating a particular set of transactions. By exploring these states, the network understands how each transaction would impact the ledger if it was validated. Once the check is over, the network reaches a common state, which reflects the outcome of the parallel validation.
Bitcoin surged in anticipation of the FED rate cuts. The good news is that the price has broken through the resistance area and is now retesting this level. We may see high volatility today, so using a stop loss in all open positions is better.
Читать полностью…KSM analysis:
Price is currently trading within the support and resistance area, creating a no-trade zone. It's best to wait for a breakout above the resistance area or a test of the support area.
Support Area: $15.70-$16.70
Resistance Area: $27.00-$28.60
DOT analysis:
Price is currently trading within a symmetrical triangle pattern and respecting both the support and resistance lines. Consider opening a long position near the support area with a tight stop loss. The direction of the next move will be determined by a breakout from this triangle.
Support Area: $4.00-$4.05
Resistance Area: $4.50-$4.55
PYTH analysis:
Price has rebounded from the support area and is now heading back towards it. Consider opening long positions near the support area with a tight stop loss. A good upward rally may occur after the accumulation is completed.
Support Area: $0.23-$0.26
Resistance Area: $0.39-$0.41
Digital asset investment products (ETFs) experienced a notable reversal, with inflows reaching $436 million following a prior period of outflows totaling $1.2 billion. Bitcoin led the recovery, attracting $436 million in inflows after a 10-day streak of outflows amounting to $1.18 billion.
Читать полностью…Bitcoin tried to break through the resistance area but was rejected once again. As mentioned, the current price is testing the support level at $58,000 after being rejected. If BTC fails to hold $58,000, we may see a drop towards the $55,000-$56,000 range. The critical resistance level to watch is at $60,000.
Читать полностью…#TWIF/USDT Mega Signal Recap 🚀
With 140k USDT in volume and a peak of 2840%, our recent pump didn’t fully meet expectations, and for that, we sincerely apologize to our community. We achieved a 30X profit peak, a solid result, but not the high standard we strive for.
It appears many trading bots were triggered during the first wave, leading to a faster-than-expected price dump. However, our whales stepped in and absorbed much of the selling pressure, keeping the market stable.
Congrats to those who acted swiftly—many secured significant profits within the second-minute candle!
Looking ahead, we’ve learned valuable lessons and are confident we’ll be able to counter bots in future pumps. Get ready—our next Mega Pump will be the biggest yet!
Big news for $TWIF holders that could significantly impact the token's price up to 100X in short term🚀✌️
https://x.com/Tomwifcoin/status/1835348230038839677?t=WFHdsJaQFE8KVhiXNXqygA&s=19
Real pump just started, 2nd wave coming... buying every small dip before reaching new highs!!
Читать полностью…BTC Liquidation Heatmap (24-hour):
There’s a strong likelihood that high-leverage short positions will face liquidation around the $61.5k mark. This liquidation event could serve as a catalyst, propelling Bitcoin toward a more powerful upward move. Keep a close watch on this level!
MANTA was rejected again after testing the resistance area. This is the crucial resistance area, and the price needs to break this level to turn bullish. The support and resistance levels remain unchanged.
Читать полностью…FED Rate Cut Tomorrow: Here’s What We can Expect
1. Instant Pump: The market reacts quickly with a surge.
2. Profit Taking: Short-term holders and retail traders sell, causing a brief dump.
3. Sell the News: We see a dip as people sell on the event, leading to accumulation.
4. Market Clean-up: After some boredom and loss of hope, the market gets clean and pumps non-stop.
The number of Bitcoin addresses sending coins to exchanges has dropped to its lowest since 2016, which may suggest reduced selling pressure.
Читать полностью…Bitcoin is currently trading around $58,000. There might be more sideways movement before the next upward trend. The major resistance level remains unchanged.
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https://x.com/ravedao/status/1828664997368696990?s=46&t=NLzWpjBZbLM2TsnpVslriw
The TOTAL crypto market cap has broken the $2 trillion resistance area. The price is currently retesting this level, and this is a good sign as a bounce may occur from here.
Читать полностью…MANTA analysis:
Price has been rejected from the resistance area, and we might see a retest of this zone. This is not a tradeable zone, so monitor how the price reacts here.
Support Area: $0.55-$0.59
Resistance Area: $0.725-$0.75
Keep buying, our whale will support market buy!🚀
https://www.mexc.com/exchange/TWIF_USDT
The coin we are pumping tonight is: TWIF
https://www.mexc.com/exchange/TWIF_USDT
Buy and hold for massive profits🚀