BAKE analysis:
BAKE bounced from the support of the $0.082-$0.087 area. The local resistance is $0.099-$0.101 area and we may see a move toward this local resistance area. The major resistance area is mentioned on the chart.
Coinbase reserves decreased by 513,000 BTC since Q4 of 2020. That’s almost 50% drop in last 3 years. Investors confidence is declining with FTX burst and other CEx hacks and exploits.
Читать полностью…DOGE dumps from the resistance area and price tested the local support area as expected. Price was able to hold the support level and bounced from there. We may see another retest of the resistance area.
Читать полностью…ARKM analysis:
Price is trading in the downtrend channel since it is launched on Binance. The support is $0.49-$0.494 area and needs to hold this level. A break below $0.49 will bring a heavy sell-off. The resistance is $0.525-$0.528 area and we only open a long position after the breakout.
The price tested the support of the $0.0425-$0.043 area as expected. If you have opened long positions near the support then increase your stop loss to breakeven point. We may see a move toward the $0.050-$0.0505 resistance area.
Читать полностью…Breaking: Binance Becomes First Crypto Exchange To Get Major License In Dubai
https://coingape.com/binance-becomes-first-crypto-exchange-to-get-major-license-in-dubai/?utm_source=Crypto+VIP&utm_medium=telegram
TOMO analysis:
Price is slowly moving toward the major resistance of the $1.60-$1.70 area. Wait for a test of the resistance area and reaction there for new entries. The support is $1.30 and $1.03-$1.10 area.
DOGE analysis:
DOGE pumped after the Elon Musk and Twitter (now X) hype. Price is testing the major resistance of the $0.0811-$0.0824 area. A break above the $0.0824 resistance level will send the price toward the $0.093-$0.10 key resistance area. The local support is $0.0751-$0.0764 and the price may test this level if rejected from the resistance area. The support levels are mentioned on the chart.
OGN analysis:
Price rejected from the $0.14 resistance area. The support is $0.0815-$0.085 area, which is the zone for new entries. Wait for a test of the support area or break of the $0.14 resistance area for new long positions.
30 minutes left until the Mega Pump Signal on Kucoin!
Official Target : 800%-1000% gains
Educational Post
What Are NFTs?
An NFT, or Non-Fungible Token, is a cryptographic token hosted on a blockchain that is used to represent a digital asset. Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible and identical to each other, NFTs are unique and "non-fungible". Each NFT has different properties and values.
NFTs generally represent ownership of one-of-a-kind items such as artwork, video game characters and skins, trading cards, virtual real estate, and other digital goods. This means non-fungible items cannot be traded on a standardized scale as their value is derived from their uniqueness and the subjective value that buyers place on them.
What Are NFT Loans?
NFT loans, as the name suggests, are a type of loan in the crypto space where NFTs are used as collateral. Traditionally in the DeFi space, fungible tokens such as bitcoin and ether have been used as collateral to secure loans. But with the increasing value and popularity of NFTs, platforms are offering NFT holders the opportunity to use their assets as collateral for loans.
Some of the most valuable NFT collections boost single items valued at tens of thousands of dollars. NFT loans allow owners of NFTs to obtain liquidity conveniently without having to sell their NFTs. The concept of NFT loans brings DeFi into the world of digital arts, collectibles, virtual real estate, and other unique tokenized assets.
BNB is formed a bear flag pattern on daily chart. Bear flag is a bearish pattern and usually breaks in downward direction. Keep an eye on the bear flag trendline if you have open long position.
Читать полностью…Bitcoin Dominance is slowly moving toward the support area. We may see another leg down for Dominance in this week. There might be a small rally in altcoins when dominance drops to the support level. Tight stop loss is recommended in all open positions.
Читать полностью…Dear members the biggest giveaway is now completed. We have got a very good response from our community and hope that you also enjoyed this huge campaign. Members rank from 11-50 contact @RewardManager to collect their rewards. Our team is manually monitoring and analyzing the 1-10 rank participants and will share the reward after verification within 1 week timeframe.
Pin our channel on top to never miss a signal. We will continue to share the best TA+FA signals, Informative articles, host AMAs and Giveaways and AMA for our beloved community. Share us with your friends and family.
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Top DeFi Tokens Crash Following Curve Event, Will the Domino Spread Further?
https://coingape.com/top-defi-tokens-crash-following-curve-event-will-domino-spread-further/?utm_source=Crypto+VIP&utm_medium=telegram
BTC was dumped after the rejection from the resistance line. The support is $28,000-$28,400 level and we may see a possible test of this area before the next move. The market is dumping because of the Curve Finance exploit and we may see more downfall.
Читать полностью…Educational Post
What is Mainnet Swap?
Essentially, a mainnet swap consists of switching from one blockchain network to another. In most cases, the swap takes place when a cryptocurrency project migrates from a third party platform (e.g., Ethereum) to their own native blockchain network. At this point, their cryptocurrency tokens are gradually replaced by newly issued coins and all blockchain activity is moved to the new chain.
Let’s take BNB as an example. After the main net launch of Binance Chain, users were encouraged to migrate from the Ethereum blockchain to the Binance Chain.
Therefore, ERC-20 BNB token holders started to replace their tokens with the newly issued BEP2 BNB coin (the native coin of Binance Chain). The mainnet swap followed a 1:1 ratio so that 1 ERC-20 BNB had the same value as 1 BEP2 BNB. After the swap, all remaining ERC-20 BNB tokens were burned, so now only the BNB of the new chain can be used.
Therefore, a mainnet swap takes place when a blockchain project replaces previously issued tokens with their new cryptocurrency, which is typically running on their own blockchain network. This process may also be referred to as “token migration”. Usually, the mainnet swap begins right after the mainnet launch.
DUSK bounced from the support level and if you opened long positions then increase the stop loss to the breakeven point. A break below the $0.12 level will bring the down toward the $0.095-$0.10 support area.
Читать полностью…Bitcoin was rejected multiple times from the same resistance line. Price again tried to break above it but no luck yet. Let's wait for today's US market open and we may see some volume in BTC.
Читать полностью…SHIB analysis:
SHIB broke the resistance of 835-850 (not mentioning the zeros) and now retesting it. The next resistance is the 905-915 area and we may see a move toward this. Use tight stop loss if you have open long positions.
Bitcoin breaks the daily support of $29,500 level and now trading below it. The next daily support is $28,000-$28,400 area and we may see a possible retest of this level. Overall market is in uncertain area and can go either side.
Читать полностью…Guys our posting bot malfunctioned in today's Kucoin signal and was not able to send our coin link in all our telegram and discord groups which heavly effected our volume and gains in today's call.
We deeply apologize for this inconvenience and in return, you can be assured that the next pump will be dedicated for our members. you can be sure the next pump we do will have much greater results, and that every single person in our group will be able to make a good amount of profit, Stay tuned for the official announcement.
The coin we have picked for today's Mega Pump Signal is: VERSE
https://trade.kucoin.com/VERSE-USDT
Buy and hold for massive profits
1 hour remaining for our biggest Kucoin Mega Pump!!
We expect the biggest volume yet, as all our whales will be constantly buying and pushing towards new highs. We’re ready for a 800% - 1000% move (at least), guaranteeing the maximum profits for all our members. Make sure to hold after market buying, as the second and third waves are always the strongest (which could reach up to 1500%, 2000% or higher). Expect a powerful and long lasting pump today, be prepared!
This coin will ONLY be available on Kucoin and USDT Pair.
3 hours left until the Kucoin Mega Bull Call.
This is a basic step-by-step-strategy for new members:
1. Ten minutes before 16:00 PM GMT have Kucoin.com, Telegram open.
2. At exactly 16:00 PM GMT, there will a message including the name of our coin in our Telegram channel.
3. After we announce the coin, buy it with USDT on the spot market.
IMPORTANT: This coin will ONLY be available on KUCOIN and on USDT pair, get ready for huge profits!
6 hours remaining until the Mega Bull Call on Kucoin! Bitcoin forming hidden bullish divergence and holding above the rising trendline, looking perfect for a good bounce. We have phenomenal market conditions and our coin is very bottomed which means the potential for profits will be much bigger. We have all the perfect conditions to execute a massive profitable trade, Read the last posts, have USDT ready in your trading account and be prepared at exactly 4pm GMT today.
Here's a important guide for Kucoin KYC verification , please go through this link in order to verify your account : https://telegra.ph/Guide-for-Kucoin-Verification-07-27
Read pinned post. Stay tuned.
Bitcoin again tested the resistance line but find no luck. This is the key level and bulls are unable to go above this yet. The volume is low and we may see sideways movement this weekend.
Читать полностью…