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📣 6 hours remaining until our TA/FA based guaranteed 20X-50X Breakout Signal on MEXC exchange! This signal will be free for all and everyone will receive the signal at the exact same time.
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Bitcoin is currently trading sideways near the resistance area. We anticipate a clear breakout above this level as the price is slowly approaching the resistance area once again.
Читать полностью…Dear members,
Exactly 24 hours left for our TA/FA based guaranteed 20X-50X Breakout Signal on MEXC exchange.
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The aggregate stablecoin supply is on the rise, nearing its all-time high of $160.4 billion. This can be seen as a positive sign, indicating the accumulation of crypto capital in USD form, which can be easily converted into digital assets. However, it may also suggest that at this stage, capital in stablecoins is not being actively transferred into riskier assets.
Читать полностью…Bitcoin once again tested the resistance area as expected, but the price was rejected from there. The selling pressure remains intact in this zone. The support and resistance levels remain unchanged.
Читать полностью…HBAR analysis:
Price is slowly approaching the major resistance area. It's best to wait for a clear breakout above the resistance area or a test of the support area, as this is not a trade zone.
Support Area: $0.0586-$0.062
Resistance Area: $0.052-$0.053
There is a significant cluster of liquidations on both sides of the market. On the upside, heavy liquidations are concentrated between $63,800 and $64,000, while on the downside, they are between $62,400 and $62,600. This could result in a quick pump and dump scenario to liquidate all positions and balance the market. Keep an eye on price action in these zones.
Читать полностью…Bitcoin has been rejected from the resistance area, and the selling pressure remains high. Another test of the resistance area may occur in the coming days. Let's see how the price reacts now. The market conditions remain unchanged.
Читать полностью…Over 40% of Ethereum's total supply is currently locked in smart contracts, but recent data from Glassnode indicates a slight decline in this trend.
Читать полностью…After the breakout, FLOKI has successfully retested the support area. You can open a long position here with a tight stop loss. We may see a move towards the next resistance area in the coming days.
Resistance Area: $0.0000157-$0.0000162
AKRO achieved first target. Price made than 15% profit from our entry. Our team is working hard to find good trades. Pin our channel on top to never miss a signal and share it with your friends and family.
Читать полностью…Glassnode's on-chain data suggests that the current cycle is underperforming compared to previous halving events. Unlike past bull runs, the price has not experienced a significant pump yet.
Читать полностью…DOT has broken the triangle resistance line and is now retesting it. We expect a continuation of the upward movement. It is advisable to increase your stop loss and maintain the long position.
Resistance Area: $4.90-$5.10
📣2 hours left until our TA/FA based guaranteed 20X-50X Breakout Signal on MEXC exchange🔥🚀
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Glassnode reports a positive trend in Bitcoin's cost basis dynamics, highlighting that newer investors are influencing price movements. Those who have held Bitcoin for 1 week to 1 month now have a lower cost basis compared to those holding for 1-3 months, suggesting early signs of a potential accumulation phase. While short-term holders may be seeing capital outflows, this could be a precursor to stronger hands stepping in, laying the foundation for future growth as long-term investors take advantage of the lower prices.
Читать полностью…HBAR is currently testing a major resistance area. It appears that the price was rejected on the first attempt. Another test of the resistance area may occur in the coming days. It's advisable to wait for a clear breakout before considering new entries.
Читать полностью…SUPER analysis:
Price is currently approaching a major resistance area. We are observing how price reacts in this zone, as it's not a trade zone. We're waiting for a clear breakout above the resistance area before considering new long positions.
Resistance Area: $1.11-$1.16
Educational Post
What is Capitulation?
Capitulation refers to a period of strong selling activity, where investors give up their positions and sell their holdings as quickly as possible. It is often referred to as panic selling because during a period of capitulation, sell orders peak at a much higher-than-average level, which quickly drives the asset price lower and lower until a bottom is eventually reached.
Capitulation can be described as the moment when investors lose hope - accepting losses and giving up their previous gains. When the panic selling period is over, marking the end of the capitulation, it may be followed by either a consolidating period (sideways price movements) or by an upward trend that would potentially indicate the beginning of a bull market.
The reason why capitulation periods often lead to price reversal and strong upward trends is that these episodes are usually marked by FUD and panic, so the selling pressure goes beyond normal levels, reaching oversold conditions. The more violent and abrupt the price drop is, the higher is the chance that it will be followed by a strong bounce
DOT is continuing its upward movement after the retest, just as expected. The long position has generated more than a 17% profit from the entry. You can increase your stop loss to the $4.50 level and hold the position as we expect a test of the resistance area.
Читать полностью…💥Exciting news, dear members! In response to Massive demand from our community, We are thrilled to announce a highly TA/FA based guaranteed 20X-50X Breakout Signal on MEXC exchange.
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- The coin will be exclusively released at 4 PM UTC Thursday, 26 September.
Stay Tuned!
Educational Post
What Is a Burner Wallet?
A burner wallet is a temporary crypto wallet that users create for potentially risky interactions with various blockchain applications. Burner wallets are not meant for storing large amounts of crypto but should contain just enough for a single or a few interactions.
How Do Burner Wallets Work?
Burner wallets can be created using hierarchical deterministic (HD) wallets, which can generate numerous accounts from a single secret seed phrase. Every account within an HD wallet has its own private key but is managed under the same seed phrase.
To use a burner wallet, you can generate a new account specifically for working with potentially risky blockchain applications or smart contracts. The key is to reduce risks by keeping your primary wallet and funds separate from these activities. For example, you could create a burner wallet when participating in new airdrops or when interacting with a new smart contract that was not audited.
By segregating your assets into different types of accounts, such as a primary account for storing most of your assets and a separate burner account for risky interactions, you ensure that even if a burner wallet is compromised, your main wallet and most of your crypto stored on it remain secure.
Benefits of Burner Wallets
Safe browsing
Users often explore new blockchain platforms, but they tend to have vulnerabilities or scam projects. Using a burner wallet when engaging with these new applications is crucial to ensure that even if a platform is malicious or compromised, most of your crypto assets remain secure.
Protection against malicious smart contracts
By using a burner wallet to interact with smart contracts, you can isolate the potential risks to a separate disposable account. This safeguards your main wallet from being drained in case of faulty smart contracts.
NTRN has bounced after testing the support area. We hope you opened a long position as we suggested. NTRN has gained more than 18% profit from our entry. You can book some profit here or hold the position with a trailing stop loss. We may see a move towards the resistance area.
Resistance Area: $0.52-$0.54
HIFI analysis:
Price is currently testing a major resistance area. We are waiting to see how price reacts here as this is a no-trade zone. We are looking for a clear breakout above the resistance area for new entries.
Resistance Area: $0.52-$0.55
Educational Post
What Is an Externally Owned Account (EOA)?
An externally owned account (EOA) is basically a type of account on the Ethereum network that’s controlled by a person using a private key. In other words, it’s the account you’d use to send transactions or manage your ether (ETH). Unlike smart contract accounts, which are controlled solely by code, EOAs are directly managed by people.
Types of Accounts on Ethereum
There are two main types of accounts on Ethereum:
Externally owned accounts (EOAs) – Controlled by users with a private key.
Contract accounts (CAs) – Managed by code or smart contracts. Operate without a private key.
Both EOAs and Contract Accounts can hold and transfer ETH. However, only EOAs can start transactions. Contract Accounts can’t do anything until they’re triggered by an EOA or by other smart contracts.
How EOAs Work
Every EOA is tied to two cryptographic keys: a private key and a public key. Your private key is what gives you control over your account—it’s used to sign transactions and proves that you’re the one authorizing them. The public key is used to generate your Ethereum address, which you can share with others so they can send you ETH.
Here’s a quick overview of what EOAs do:
Transactions: EOAs can send tokens to other accounts, interact with smart contracts, or call specific functions on the blockchain.
Gas Fees: Every transaction requires gas, which is paid in ETH. This gas goes to the miners or validators who process transactions.
Security: The security of an EOA all boils down to your private key. If someone else gets their hands on it, they can take control of your account.
Bitcoin has once again tested the resistance area and is encountering significant selling pressure. We'll have to wait and see if BTC can break through this resistance. A successful break above the resistance would be bullish and could propel the price towards the $70,000 level. However, a rejection from this area could lead to a drop in price to below $62,000.
Читать полностью…NTRN analysis:
Price has broken the resistance area and is now retesting it. You can open a long position at the support area with a tight stop loss. We expect a bounce from here toward the resistance area.
Support Area: $0.40-$0.42
Resistance Area: $0.52-$0.54
EGLD has rebounded from the support area after a retest. If you have opened long positions, it's advisable to increase your stop loss. There may be a move towards the resistance area in the coming days.
Читать полностью…Bitcoin is currently trading sideways, and we expect slow movement due to it being Sunday. Let's see how BTC starts the new week. The resistance level remains unchanged.
Читать полностью…