The altcoin market cap (TOTAL2) is currently testing the resistance zone. It's recommended to employ tight stop losses in all open altcoin positions and consider profit-taking. There's a possibility of a rejection from the resistance area, leading to a potential decline towards the support zone.
Support Area: $785-$810 Billion
Resistance Area: $925-$975 Billion
Bitcoin is unable to break the small downtrend resistance line. The price may test the local support area of $50,500. However, as long as Bitcoin maintains a level above $50,000, the overall trend is bullish. It is important to note that if the price falls below $50,000, it might trigger a series of stop-losses, further dropping its price. Therefore, keeping tight stop-losses in all open positions and consistently booking profits is recommended.
Читать полностью…DEGO/BTC lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: 5280 - 6500 - 8500 - 10200 satoshi
SL: 3900 satoshi
#OLAD/USDT
So far more than 40% quick profit after our call💰
Stay tuned for new signals📍
AMB has broken the resistance area and is now retesting it. You can open a long position here with a tight stop loss. We may see a continuation of the upward movement after the retest.
Support Now: $0.0094-$0.00985
Next Resistance Area: $0.012-$0.0126
Bitcoin is currently testing the resistance area formed by a small downtrend line. The significant resistance level remains unchanged at $52,000-$52,500. Market movement is anticipated on Monday with the opening of global markets. Tight stop loss is recommended in all open positions.
Читать полностью…Educational Post
What is a WhitePaper?
A whitepaper is typically a detailed document aimed at informing readers about a specific topic or project. In the blockchain realm, it serves as a guide outlining the key features and technical aspects of a particular cryptocurrency or blockchain venture. While many whitepapers focus on coins or tokens, they can also cover various projects like decentralized finance (DeFi) platforms or play-to-earn games.
These documents often include statistics, diagrams, and explanations of the project's governance structure, team composition, and development roadmap. However, there's no one-size-fits-all approach to creating a whitepaper, as each project tailors it to suit its unique needs. Ideally, whitepapers should be unbiased and informative, providing clear insights into the project's objectives and functionality.
Investors should approach whitepapers with caution, scrutinizing them for persuasive language and ensuring they offer sufficient information without making unrealistic promises. While cryptocurrency whitepapers are akin to business plans, they're typically released before the project's launch, serving as a foundational document outlining the project's vision and goals.
Brace yourselves! #MDX is breaking free from the triangle, signaling a colossal pump on the horizon! 🚀
Читать полностью…Altseason indicator has been positive since February 4th, but only 59% of top 50 altcoins outperformed Bitcoin in the last 90 days. We're not fully in altseason yet.
Читать полностью…Brace yourselves! #MDX is breaking free from the triangle, signaling a colossal pump on the horizon! 🚀
Читать полностью…MDX/BTC lying above strong support. Stochastic is giving a buying signal. It will bounce hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: 155 - 185 - 210 - 250 satoshi
SL: 120 satoshi
FIDA/BTC pair reached a high of 718 today, representing a 13% profit from our entry. Our analysis team is working hard to identify the best TA+FA-based setups for our community. Pin our channel on top to never miss a signal and share it with your friends and family.
Читать полностью…Bitcoin is maintaining the local support around the $50,500 area and has bounced back from there. We still anticipate sideways movement until Monday. It's advisable to avoid using high leverage, and you can consider trading within the range with tight stop-loss orders.
Читать полностью…Educational Post
What Is Liquid Staking?
Liquid Staking refers to the tokenization of staked assets. It’s a transformative process within the blockchain ecosystem, primarily associated with Proof of Stake (PoS) networks. In traditional staking, users lock their crypto holdings to support the security and operation of a blockchain. Liquid Staking takes this concept to the next level by allowing users to tokenize their staked assets, creating a more flexible and dynamic approach to participating in staking ecosystems.
The Staking Process
Staking, in its conventional form, involves users locking their cryptocurrency, commonly Ethereum or other PoS-based tokens, to validate transactions and maintain the blockchain's integrity. This process comes with a trade-off, as staked assets are typically illiquid during the staking period.
The Emergence of Liquid Staking
Liquid Staking addresses the liquidity issue associated with traditional staking. It introduces a mechanism where users receive liquid staking tokens (LSTs) in exchange for their staked assets. These LSTs represent both the staked amount and the corresponding staking rewards. Unlike traditional staking, users can freely trade, use in decentralized finance (DeFi) applications, or leverage as collateral their LSTs without waiting for the staking period to conclude.
The demand for Bitcoin vastly exceeds the daily supply from miners. With miners generating approximately $46 million worth daily, contrasted with an average daily demand of $607 million. The demand is coming from the spot ETF Market.
Читать полностью…JOE analysis:
After bouncing off the support area, the price is now moving towards the major resistance area. It's advisable to wait for new entries as it's currently a no-trade zone.
Support Area: $0.426-$0.466
Major Resistance Area: $0.686-$0.727
Get in on #DEGO now before it takes off🚀
Defi alts gearing up for a big rally. Jump in now before the breakout😊
DEGO Finance is a decentralized ecosystem that offers a diverse combination of non-fungible token (NFT) and decentralized finance (DeFi) tools. It is an independent, open NFT ecosystem.
Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: $2.71 - 3.25 - 4.35 - 5.55
OLAND token price condition looks good. As an NFT-based game, Oceanland continues to develop with its new version and new mini games to be added to the platform. Users can play games with OLAND tokens on the Play-to-earn concept platform. Additionally, those who hold OLAND tokens can trade on NFT Marketplace and their own DeFi (swap, stake, farm) environments. Investors can trade the OLAND token on Huobi (HTX) and Gate exchanges. The team is preparing to release its first mini game in March 2024. They will also announce the test version for Oceanland version 2 very soon.
HTX-> https://www.htx.com/en-us/trade/oland_usdt?type=spot
Gate -> https://www.gate.io/trade/OLAND_USDT
The $51,500 level is emerging as a significant support zone, with nearly 500,000 BTC traded at this level. Notably, it holds the highest traded supply after the $42,500 mark.
Читать полностью…HARD analysis:
Price is breaking out of a resistance area. A bullish candle close above this resistance area will signal the continuation of the upward movement. We await confirmation to open new long positions.
Level to Hold: $0.195-$0.200
MDX/USDT is primed for an explosive breakout! 🚀 Don't miss out on this monumental bullish surge! 📈
Читать полностью…Uniswap's latest upgrade has ignited a surge in #DEX altcoins🚀
So If you didn't catch #SUSHI or #UNI, now's your chance to hop on the rocketship with #MDX
Uniswap's latest upgrade has ignited a surge in #DEX altcoins🚀
So If you didn't catch #SUSHI or #UNI, now's your chance to hop on the rocketship with #MDX
MDX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs.
Technically lying above strong support. RSI is in the oversold region. MACD is showing bullish momentum. It will pump hard from here. So now is the right time to build your position in it before breakout for massive profits😊
Targets: $0.0799 - 0.098 - 0.115 - 0.150
FIDA achieved its first target as expected and the price hit a high of $0.3670, resulting in a profit of more than 12% from our entry. You can increase your stop loss and hold the position.
Читать полностью…EGLD analysis:
Currently, the price is attempting to maintain its position at the support area. Let's observe whether the price can sustain the support area and conclude the candle above it. If the price can hold this support area, we can expect an upward move towards the resistance area.
Support Area: $56.40-$57.50
Resistance Area: $66.50-$68.50
Bitcoin miners have been the primary source of selling pressure in 2024, particularly noticeable since the introduction of the ETF. Remember halving is coming and miners rewards will be cut in half.
Читать полностью…