BNB experienced a significant drop in value due to the sudden news of war after it had tested the resistance area. However, the price then hit the support area and rebounded from there. If you'd like to invest in BNB, you can place your buy orders in the support area and wait for another drop, which is expected around the time of the Bitcoin halving.
Major Support Area: $495-$510
Bitcoin was not able to sustain its position above the $66,000 level and is now moving towards the support area. It is expected that Bitcoin may trade sideways for this week. The Bitcoin Halving event is scheduled for 20th April, and we may see some selling around that time. Please ensure you maintain a tight stop loss for all your open positions.
Major Support Area: $59,000-$60,000
Resistance Area: $65,000-$66,000
#AscendEX will list $BFLOKI on 17th April, 16:00 UTC.
https://twitter.com/AscendEX_/status/1779813261057351842?t=TcL0uuYfsRSynB2boEQY_g&s=19
BitFloki is unstoppable with back-to-back listings: first #MEXC, then #XT, and now #AscendEX! 🌟 But wait, there's more – a Tier 1 listing is already in the pipeline as per official tweet! Get in while it’s still cheap to accumulate here🚀✌️
•Mexc buy link: https://www.mexc.com/exchange/BFLOKI_USDT
•PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
SOL has been following a downward trend as anticipated. The price has dropped more than expected and has reached the support zone of $116-$120. However, there has been a good recovery after the drop. We may see another test of the $133-$140 support area, so it would be advisable to place buy orders in this zone.
Читать полностью…Bitcoin is currently testing the resistance zone between $65,000 and $66,000. Despite the impact of recent war-related news, the market has shown resilience, initiating a recovery phase. A breakthrough above $66,000 could signal a move towards the $70,000 level.
Читать полностью…Data indicates a market maturation marked by diminishing volatility - a promising development for stakeholders across the board.
Читать полностью…Altcoins are dropping hard as Bitcoin Dominance breaks a major resistance level. The Dominance may test this level and see if it breaks below it. We only see an uptrend in altcoins if Dominance breaks below the 55% level.
Читать полностью…BOME analysis:
The price has reached a significant support area. We need to observe whether the price can sustain this support level or not. If the price falls below this support level, it will be a bearish signal and the selling trend will continue. You may consider initiating a small long position with a tight stop loss.
Support Area: $0.0087-$0.0097
Resistance Area: $0.012-$0.013
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The TOTAL crypto marketcap is breaking down the triangle pattern. Wait for a daily candle closing for confirmation. This is bearish if the breakdown is confirmed and we may see a move towards the next major support area.
Major Support Area: $2 Trillion
Reports of conflict (war) in the Middle East have sent shockwaves through the crypto market, triggering a significant downturn. However, we remain hopeful that once the situation stabilizes, we'll witness a return to market equilibrium.
Читать полностью…The forthcoming halving event is poised to lower Bitcoin's inflation rate below that of gold's, marking a significant milestone in the cryptocurrency's evolution. This achievement solidifies Bitcoin's position as the unrivaled leader in the realm of digital assets.
Читать полностью…If you have taken a long position, it is recommended that you increase your stop loss and hold. VET has tested the resistance area and was initially rejected from it. We may see another move towards the resistance area. The support and resistance levels remain the same.
Читать полностью…Bitcoin is currently holding above the $70,000 level, and it remains to be seen whether the price will move towards the all-time high resistance area. The support and resistance levels remain the same.
Читать полностью…BNB has broken the triangle pattern in an upward direction, and the price has also retested it. This indicates a likely continuation of the upward movement, with a potential move towards an all-time high price in the coming days. If you are holding BNB, it is recommended that you use a trailing stop loss to manage your risk.
Читать полностью…DOGE analysis:
Price is currently trading at a support area. Consider opening a long position near this level with a tight stop loss. A candle closing below the support zone would be bearish and could send the price towards the next resistance area.
Support Area: $0.146-$0.151
Next Support Area: $0.122-$0.13
Resistance Area: $0.168-$0.173
ALGO analysis:
Price is currently trading near a significant support level. Consider opening long positions near the support level with a tight stop loss. We may see a rebound from this level.
Major Support Area: $0.1570-$0.1650
Resistance Area: $0.23-$0.24
Countdown Alert! Less than 4 hours until BFLOKI Launches on XT.com! 🌐
• Listing Price: $0.00012🚀
• Check out the full information on XT's official announcement : https://xtsupport.zendesk.com/hc/en-us/articles/31042547390617-XT-COM-Announcement-on-Launching-BFLOKI-bitFloki
• Currently available on Mexc & PancakeSwap
• Mexc buy link: https://www.mexc.com/exchange/BFLOKI_USDT
• PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
Exciting News: China Asset Management, Bosera Capital, HashKey Capital Limited, and others have received approval from the Hong Kong Securities and Futures Commission for their Bitcoin and Ethereum spot ETF applications. This milestone enables investors to directly utilize Bitcoin and Ethereum to subscribe for corresponding ETF shares, marking a significant advancement in cryptocurrency accessibility.
Читать полностью…ROSE analysis:
The price has experienced a significant drop and has gone below the support area to trigger stop losses. However, the daily candle has now closed above it and the price is currently trading above the support area. The price will likely move sideways for some time before the next major move. In case the price drops again towards the support area, you can consider opening a small long position.
Support Area: $0.079-$0.081
Resistance Area: $0.103-$0.106
The current marketcap of altcoins (TOTAL2) has reached a support level. Although the price has briefly dropped below this level, no candle has closed below it. TOTAL2 must maintain this support level, as failure to do so could result in significant selling pressure on altcoins. To confirm the market's direction, we need to wait for additional candle closes.
Читать полностью…Bitcoin experienced a significant drop in price due to the escalating tensions between Iran and Israel. The price tested a critical support level but managed to rebound from there. To preserve its bullish structure, BTC must hold this support level. A break beneath it could result in more market panic. It is recommended to set tight stop-losses on all open positions.
Support Area: $59,000-$60,000
We shared #BFLOKI on rock bottom on Technical and fundamental based and we saw price spiked 3x after our call, With more than 1 million in volume.
Now is another opportunity to buy $BFLOKI in dip. BitFloki team is working on something big as they announced back to back exchange listings. Additional supply burn event and Tier 1 listing in pipeline for $BFLOKI🚀✌️
• XT announcement
• AscendEX announcement
• Tier1 announcement
More importantly the opening price on XT exchange is set $0.00012! 🚀 This means we are getting $BFLOKI at very cheap price, With the current price at $0.00003 and the XT.com official listing price set at 0.00012, there's still a 4x-5x opportunity for early birds! 🚀
MEXC buy link: https://www.mexc.com/exchange/BFLOKI_USDT
PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
When analyzing previous #Bitcoin ATH breaks, the current Euphoria phase appears to be in its early stages of price discovery. Previous cycles witnessed significant drawdowns, often exceeding -10%, with many surpassing 25%. Yet, the current market has only experienced two ~10%+ corrections since breaking the ATH.
Читать полностью…Bitcoin experienced another drop in price due to the recent war news, but it managed to hold the $65,000 level which is a good sign as it shows that the price is holding at a support area. The market is currently in an uncertain zone and we anticipate this to continue until the halving event occurs. It is recommended to use tight stop losses in all open positions.
Читать полностью…SYN analysis:
Price is breaking down the triangle pattern, a candle close below the trendline is bearish. It is recommended to wait for some time before opening new positions as we may see a move towards the support area.
Support Area: $0.80-$0.84
Hong Kong is poised to potentially greenlight a Spot ETF that delves straight into Bitcoin and Ethereum, as reported by Bloomberg. The twist? Unlike the U.S., these cryptocurrency ETFs in Hong Kong could back physical redemptions.
Читать полностью…Introducing Omni Network (OMNI) on Binance Launchpool! Farm OMNI by Staking BNB and FDUSD
https://www.binance.com/en/support/announcement/3954d04933da443ab539ca38616013de
#BFLOKI breakout with massive volume spike recently and now retesting key support level
Buy it on retest in anticipation of continuation from here 🚀
Mexc : https://www.mexc.com/exchange/BFLOKI_USDT
PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
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 mainnet 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.
It should be noted that the migration of tokens is not always associated exclusively with the launch of a new blockchain. It may also take place in situations where projects simply move from one protocol to another. For example, Storj performed a mainnet swap, migrating their tokens from a Bitcoin-based protocol to the Ethereum network as a way to avoid scalability problems.
Each mainnet swap has its own particularities in terms of execution. Some projects assign migration periods, with a predefined deadline for users to exchange their old tokens for the new ones. If they fail to do so, they may end up losing access to their funds because the old tokens are usually destroyed or frozen.