Crypto VIP Signal

24 февраля 2024 07:35

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.

Crypto VIP Signal

23 февраля 2024 15:40

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.

Crypto VIP Signal

23 февраля 2024 11:35

The TOTAL crypto marketcap is currently approaching a significant resistance zone, coinciding with a psychological barrier at the $2 trillion mark. Given this confluence, it's likely that we'll observe profit-taking activities around this area.

- Major Resistance Area: $2 Trillion

Crypto VIP Signal

23 февраля 2024 09:40

#FIDA breaking out on lower timeframe👀

Pump mode will be activated any time 🚀

Get in for quick gains✌️

Crypto VIP Signal

23 февраля 2024 09:32

FIDA is known as the top infrastructure developer on Solana. This accolade has been earned from their contributions to the ecosystem by providing services and products that allow for the wider ecosystem to flourish.

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: $0.365 - 0.45 - 0.60 - 0.80

Crypto VIP Signal

22 февраля 2024 20:25

AMB Analysis:

The price of AMB is currently oscillating between the support and resistance zones, creating a neutral trading environment. It's advisable to avoid trading within this range and instead anticipate a potential retest of the resistance zone. For new entries, it's recommended to wait for a breakout above the resistance area.

Support Area: $0.00708-$0.0074

Resistance Area: $0.0094-$0.00985

Crypto VIP Signal

22 февраля 2024 12:59

Bitcoin and Ethereum are leading the pack in terms of performance, with gains of +17.6% and +18.2% year-to-date, respectively. Ethereum has recently started to outperform Bitcoin after the approval of the Bitcoin ETF, a change from its previous underperformance.

Meanwhile, the overall Altcoin market cap hasn't seen the same level of growth, with gains less than half of what Bitcoin and Ethereum have achieved so far this year.

Crypto VIP Signal

22 февраля 2024 07:12

The ongoing battle between bulls and bears continues, with selling pressure persisting while bulls defend the crucial $50,000 level. This tug-of-war indicates a healthy contest in the market. Bitcoin's bullish momentum remains intact as long as it maintains above the $50,000 threshold.

Crypto VIP Signal

21 февраля 2024 14:57

The liquidation of overleveraged long positions in Bitcoin signals a healthy market reset, restoring balance between buyers and sellers. Now, we await to see if the price will bounce back from this juncture or dip further towards the $50k levels.

Crypto VIP Signal

21 февраля 2024 09:55

DOT recently showed a false break above the resistance area, followed by a sharp decline. There will probably be a test of the nearby support before the next major move takes place. For a bullish outlook, the price needs to break and maintain levels above the resistance barrier.

Local Support Area: $7.25-$7.30

Major Resistance Area: $7.55-$7.90

Crypto VIP Signal

20 февраля 2024 19:17

SC analysis:

Price is currently in an uptrend, showing strong upward momentum. It recently broke through a resistance level and was successfully retested it. This suggests a potential continuation of the upward movement. Consider placing buy orders near the support area with tight stop-loss.

Support Area: $0.01286-$0.0136

Resistance Area: $0.0169-$0.0177

Crypto VIP Signal

20 февраля 2024 12:58

MASK has reached the resistance area, and we're observing its reaction closely. If it's rejected here, the price may retreat to the support area again. We're looking for a clear break and close above the resistance area for potential new entry opportunities.

Crypto VIP Signal

19 февраля 2024 19:55

FLUX analysis:

FLUX has broken the resistance area and is now pumping hard. We may see a test of the support area, which could provide a good zone for new entries. It's important to avoid FOMO and not open new entries now.

Support Area: $0.735-$0.747

Crypto VIP Signal

19 февраля 2024 11:51

The altcoin marketcap (TOAL2) is continuing its upward trajectory following the breakout. In the days ahead, we anticipate a test of the major resistance area. Altcoins are displaying strong upward momentum. It's prudent to employ tight stop-loss strategies for all open positions and consider profit-taking, as there may be a potential rejection from the resistance area.

Crypto VIP Signal

18 февраля 2024 19:54

FTM analysis:

Currently, the price is testing a resistance area. A bullish break above this resistance area could indicate a movement towards the next resistance zone. It is recommended to wait for a breakout and retest before opening new long positions.

Resistance Area: $0.406-$0.426

Next Resistance Area: $0.53-$0.546

Crypto VIP Signal

23 февраля 2024 19:45

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

Crypto VIP Signal

23 февраля 2024 14:13

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.

Crypto VIP Signal

23 февраля 2024 09:46

Get ready to ride the rocket with #FIDA 🚀😊

Crypto VIP Signal

23 февраля 2024 09:35

FIDA/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: 730 - 850 - 970 - 1200 satoshi

SL: 573 satoshi

Crypto VIP Signal

23 февраля 2024 07:31

There hasn't been any significant change in the market and it continues to move sideways. The support and resistance levels remain unchanged. Expect the same sideways movement in Bitcoin over the weekend.

Crypto VIP Signal

22 февраля 2024 15:27

Educational Post

Examples of Bitcoin Layer 2 Solutions

Several Layer 2 solutions have emerged within the Bitcoin ecosystem, each contributing to scalability and introducing new functionalities.

1. Lightning Network

Launched in 2018, the Lightning Network uses state channels to enable microtransactions on top of the Bitcoin Layer-1. It facilitates fast and low-cost transactions by conducting multiple transactions off-chain and settling the opening and closing balances on the main blockchain.

2. Rootstock (RSK)

Operating as a sidechain, Rootstock pioneered smart contracts on the Bitcoin blockchain. It allows users to send Bitcoin to the Rootstock network, where it becomes a locked-up smart Bitcoin (RBTC) in the user's RSK wallet, enabling faster and cheaper transactions.

3. Stacks Protocol

This Layer-2 blockchain (formerly Blockstack) enables smart contracts and decentralized applications on the Bitcoin blockchain. Stacks utilizes microblocks for speed and a Proof-of-Transfer (PoX) mechanism, tying transactions to the Bitcoin blockchain.

4. Liquid Network

Liquid Network is a Bitcoin Layer 2 sidechain that allows its users to move their bitcoins back and forth using a two-way peg mechanism. When BTC is transferred to the Liquid Network, it’s converted into Liquid BTC (L-BTC) at a 1:1 ratio. It also supports the issuance of tokens and other digital assets.

Crypto VIP Signal

22 февраля 2024 09:21

As expected, MATIC has rebounded from the support area. Our long position has achieved a peak profit of over 40% from the entry point. You may continue to hold onto the long positions with a trailing stop loss. In the coming days, we anticipate a test of the major resistance area. The support and resistance levels remain unchanged.

Crypto VIP Signal

21 февраля 2024 19:37

ONG analysis:

The price has rebounded from the support region and is currently testing the resistance area. We need to observe if the price can surpass the resistance area or not. We will only consider opening new long positions if the price can break and remain above the resistance area, or if it undergoes a test of the support area.

Support Area: $0.305-$0.312

Resistance Area: $0.345-$0.35

Crypto VIP Signal

21 февраля 2024 12:22

Educational Post

What Are Bitcoin Layer 2?

Bitcoin Layer 2 are protocols built on top of the Bitcoin blockchain. They are typically designed to address performance issues or other limitations of the main chain.

Layer 2 protocols process transactions off the main blockchain, providing advantages such as improved scalability, enhanced programmability, and expanded capabilities to support various decentralized applications.

Why Bitcoin Layer 2?

Bitcoin's initial design as a decentralized and secure payment system faced limitations when it came to scalability. The average block creation time of 10 minutes and a throughput of seven transactions per second (TPS) proved insufficient during periods of high transaction volume, leading to increased fees and delays. 

The Bitcoin blockchain's limited scripting language also restricted its ability to support complex smart contract and decentralized applications (DApps).

Crypto VIP Signal

21 февраля 2024 05:50

Bitcoin faced a considerable amount of selling pressure at the $52,000 level, which ultimately led to a sharp drop. However, the BTC value quickly bounced back from the downturn and is currently trying to break through the $52,000 level once again. Considering the high volatility of Bitcoin, it's advisable to adopt tight stop-loss measures for all open positions as a correction may occur before the next significant movement.

Crypto VIP Signal

20 февраля 2024 15:51

It's evident that Bitcoin is spearheading the current rally, with Ethereum following closely behind. However, other altcoins are lagging behind significantly, showing limited movement thus far. There's a possibility of a shift in capital from Bitcoin and Ethereum into altcoins in the coming weeks, potentially signaling the onset of an altseason.

Crypto VIP Signal

20 февраля 2024 08:17

Bitcoin is still trading around $52,000 and moving sideways. There haven't been any major changes in the market. We'll have to wait and see how it moves this week to determine the next move.

Crypto VIP Signal

19 февраля 2024 14:34

The total volume of Bitcoin's Long-Term Holder (LTH) Supply currently stands at a loss of 777.8k BTC, with this figure decreasing as prices surge. Only 6.5% of the overall LTH supply is currently in the red. Historically, similar scenarios have coincided with early stages of bullish market conditions, with 2019 being a potential exception.

Crypto VIP Signal

19 февраля 2024 07:56

Bitcoin has once again surpassed the $52,000 mark. The market appears to be moving sideways, indicating potential volatility upon the opening of the global market. It's advisable to maintain tight stop-loss measures in all open positions, as significant movement is anticipated in either direction.

Crypto VIP Signal

18 февраля 2024 17:00

/channel/CryptoVIPsignalTA?livestream