Crypto VIP Signal

13 августа 2023 09:09

Bitcoin continues the sideways movement and there are no changes yet. The market is boring now and needs some big good or bad news for the next move. There are rumors that the BTC ETF may be approved in the coming months and if that happens, the market will start a new bull rally.

Crypto VIP Signal

12 августа 2023 16:19

Long-term Bitcoin holders command a historic 14.599 million BTC. LTH only decrease near the peak of bull run.

Crypto VIP Signal

12 августа 2023 11:42

ADA broke the support of the $0.30-$0.304 area and also retested it. We may see a continuation of the downward movement toward the $0.24-$0.254 major support area. The local support is $0.276-$0.279 area. Wait for a test of the major support area for new entries.

Crypto VIP Signal

11 августа 2023 19:26

BETA Analysis :

BETA is been consolidating in a range between the support zone of $0.0735 - $0.0749 and Resistance around $0.0837 - $0.0891. This time we've to wait for the price to break either side, to make a potential setup.

Crypto VIP Signal

11 августа 2023 10:58

Price is now testing the downward line of the bull flag. If the price breaks below this line then we see a heavy dump in BNB. Keep an eye on the bear flag trendline. Don't open any long positions here and wait for sometime.

Crypto VIP Signal

10 августа 2023 20:21

GAL analysis:

Price is now moving toward the support of $1.10-$1.15 area. There is a downtrend line which works as a resistance level. The resistance is $1.30-$1.35 area.

Crypto VIP Signal

10 августа 2023 13:49

Binance Delisting Cardano (ADA) And Polygon (MATIC), But’s There’s A Catch

https://coingape.com/binance-delisting-cardano-ada-and-polygon-matic-buts-theres-a-catch/?utm_source=Crypto+VIP&utm_medium=telegram

Crypto VIP Signal

10 августа 2023 08:05

Bitcoin is now retesting the $29,500 level and needs to hold above it. If the price is able to hold above this level then we see some upward movement in the whole crypto market. Let's see how BTC moves from here.

Crypto VIP Signal

09 августа 2023 13:35

Isolating for coins flowing between Whale entities and exchanges, the chart below shows that the aggregate Whale balance has declined by -255k BTC since 30 May.

This is the largest monthly balance decline in history, hitting -148k BTC/month.

Crypto VIP Signal

09 августа 2023 08:30

Finally, BTC gave a breakout above the trading range. Price is now trading above $29,500 and this is a good sign. We may see some positive movement in the market if Bitcoin is able to hold above the $29,500 level.

Crypto VIP Signal

08 августа 2023 16:27

Educational Post

What is Transactions Per Second (TPS)?

In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.

The approximate average TPS of the Bitcoin blockchain is about 5 – though this may vary at times. Ethereum in contrast, can handle roughly double that amount.

The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.

This challenge isn’t purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is that Bitcoin, Ethereum, and other blockchains aim to compete with that while still maintaining a high degree of decentralization.

Decentralization comes at the cost of performance and security. So, these scalability solutions not only need to increase the performance of the network but, at the same time, also maintain all the other desirable properties of blockchain. Otherwise, blockchain isn’t really anything more than an inefficient database.

Crypto VIP Signal

08 августа 2023 11:35

ENJ is unable to break above the resistance area and the price is rejected from there. The next support is the $0.24-$0.26 area and we may see a slow move toward this support area. Better to wait for some time for opening new positions.

Crypto VIP Signal

08 августа 2023 09:13

FIO achieved first target and made a high of $0.02430. That is more than 13% profit from our entry. Hoping you booked some profit.

Crypto VIP Signal

07 августа 2023 20:10

SKL analysis:

Price is trading in an uptrend and respecting the support and resistance level. The support is $0.0258-$0.0262 area and possible zone for new long positions. The resistance is $0.029-$0.030 area and a break above $0.030 level is extremely bullish.

Crypto VIP Signal

07 августа 2023 11:49

COTI bounced from the support level as expected. Price pumped hard and give more than 35% peak profit from our entry. Price is now trading near the resistance area and you can book some profit here. Hold the rest of the position with trailing stop loss.

Crypto VIP Signal

12 августа 2023 19:55

STMX analysis:

Price is now trading in a symmetric triangle after the big pump. The breakout of the triangle will decide the next move. The major resistance is the $0.0076-$0.0080 area. The support is $0.0062-$0.0063 and a break below this will send the price toward the $0.0050 area.

Crypto VIP Signal

12 августа 2023 14:24

Educational Post

What is a Snapshot?

Traditionally, the term snapshot refers to the ability to record the state of a computer system or storage device at a specific point in time. In cryptocurrencies, a snapshot is often describing the act of recording the state of a blockchain on a particular block height.

In this case, the snapshot records the contents of the entire blockchain ledger, which includes all existing addresses and their associated data (transactions, fees, balance, metadata, and so on).

Snapshots are commonly used during airdrops events before each round takes place. During an airdrop, tokens are distributed based on the balance of each blockchain address.

In this case, snapshots are taken to record the balance of each token holder, at a specific point in time (i.e., block height). In most cases, users can move their funds after the snapshot is taken, without compromising their eligibility to participate in that round of distribution.

Snapshots are also important during blockchain hard forks, as they mark the block height in which the main chain will be recorded before giving birth to the new chain.

For instance, when the Bitcoin Cash hard fork took place (on August 1st, 2017), every blockchain address that had Bitcoins at block 478,558, had the balance copied on the Bitcoin Cash blockchain. The reason for that is because both blockchains share the same historical data prior to the fork. As soon as the split is done, each blockchain network will operate independently.

Crypto VIP Signal

12 августа 2023 08:47

Bitcoin going sideways and trading near the $29,500 level. The volatility is very low. Bitcoin fear and greed index is also at average point. Everyone is waiting for a move and staying out from market. Wait for a clear move either side for new entries.

Crypto VIP Signal

11 августа 2023 13:43

Following a strong start in 2023, the quarterly and monthly price momentum has subsided. This pattern mirrors past cycles, where a robust initial rebound gives way to a prolonged phase of uneven consolidation. This stage is commonly labeled the re-accumulation period by Bitcoin experts.

Crypto VIP Signal

11 августа 2023 07:17

Bitcoin is trading near the $29,500 level but seems there is not much interest from buyers. There is no movement in BTC even after the CPI data. Let's see how the price reacts in the next 1-2 days.

Crypto VIP Signal

10 августа 2023 14:57

Bitcoin and crypto market goes sideways despite of the US CPI inflation data. CPI data is 3.2% which is lower than expected. This is good for market. Let’s see how price reacts in the next 1-2 days.

Crypto VIP Signal

10 августа 2023 11:42

Price bounced from the support area and was also able to break the small downtrend line. Price is now retesting the downtrend line and if able to hold above this then we see an upward move. The next resistance is the $1920-$1940 area.

Crypto VIP Signal

09 августа 2023 19:28

API3 analysis:

Price is trading in a long falling wedge pattern. API3 was rejected from the resistance trendline and the price is now moving toward the support of the $0.85-$0.87 area. This is the zone for new entries. A break and daily candle close above the $1.45-$1.50 resistance area is bullish and break the falling wedge pattern.

Crypto VIP Signal

09 августа 2023 10:41

DXY analysis:

Dollar Index (DXY) is trading in a downtrend channel. The price is now near the resistance line and we expect a rejection from there. The support is 100.50-100.68 area and if DXY drops to this level then we see a good move in Bitcoin and other markets. If DXY breaks above the 102.50-102.65 area then we see a downtrend in BTC and all global markets.

Crypto VIP Signal

08 августа 2023 19:29

EGLD analysis:

Price bounced from the support of $30.50-$31 area. The local resistance is $32.89-$33.50 area and the price is rejected from there. The major resistance is the $37.10-$38 area. You can open long positions near the support area with tight stop loss.

Crypto VIP Signal

08 августа 2023 14:42

The 7-day average volatility is 3.6%. This beats 95% of the trading days volatility.

Crypto VIP Signal

08 августа 2023 09:16

FIO BTC pair also achieved first target. Price made a high of 83, that is more than 13% profit from our entry. Our team is working hard to find good trading setups no matter what is the condition of market. Pin our channel on top to never miss a signal and share it with your friends and family.

Crypto VIP Signal

08 августа 2023 08:20

Still, no movement in BTC and the price is trading in the range. Price is moving toward the resistance of $29,500 and let's see if able to go above it. Altcoins are giving mixed signals and not much movement now.

Crypto VIP Signal

07 августа 2023 15:48

BREAKING: PayPal Launches USD Stablecoin PYUSD Pushing Crypto Payments

https://coingape.com/breaking-paypal-launches-usd-stablecoin-pyusd-pushing-crypto-payments/?utm_source=Crypto+VIP&utm_medium=telegram

Crypto VIP Signal

07 августа 2023 09:57

BNB tested the bear flag trendline and bounced from there. Still, the structure is bearish and we expect a break in a downward direction. Don't open big long positions and use a tight stop loss. The bear flag invalidates after a break above the $270 level.