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Bitcoin is again trying to break above the resistance area. Wait for a daily candle close above to get confirmation. If the price is able to close above the $28,500 level then we see some bullish movement in the market.
Читать полностью…Trillions in Assets Could Be Tokenized by 2030: Report
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MATIC analysis:
Price took the liquidity and bounced from support. MATIC is forming a falling wedge on smaller time frames. The support is $1.00-$1.04 area and this is the zone for long entries. We may see a move toward the resistance of the $1.32-$1.34 area in the coming days.
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Bitcoin was again rejected from the resistance level. The price is unable to close above the resistance level. This is not a good sign as the #bulls are losing ground. Keep tight stop loss in all trades.
Читать полностью…1INCH analysis:
The price tested the resistance of the $0.597-$0.616 area and was rejected from there. The support is $0.482-$0.503 area and we may see a test of this zone before the next move. A break above the $0.616 resistance level will send the price toward the $0.69-$0.70 area.
Wallet Maintenance Extension for BNB Smart Chain (BEP20) - 2023-03-30
https://www.binance.com/en/support/announcement/63b638db6972470096701833c222ab7c
Bitcoin is breaking out of the major resistance area of $28,000-$28,500 on the daily chart. If the price is able to close the daily candle above $28,500 we see a move toward the $30,000 level.
Читать полностью…Educational Post
What is Peer-to-Peer (P2P) trading?
Peer-to-peer (P2P) cryptocurrency trading entails buying and selling digital currencies without needing a third-party intermediary. P2P trading allows buyers and sellers to set their prices, select their trading partners, and decide when to transact. It also enables diligent and experienced traders to look for and take advantage of favorable trading conditions to suit their needs.
Crypto P2P marketplaces facilitate the direct exchange of cryptocurrencies between individual users. There is no central authority or third-party intermediary, thereby giving users more control over their funds and allowing them to protect their identity during transactions.
ETH bounced from the support level and the price is now moving toward the resistance level. If the price breaks above the resistance level then we see a move toward the $2000 level. If the price rejects from here then we see a move toward the support level again.
Читать полностью…Bitcoin reclaims the trendline and the price is holding above it. The market is showing good upward movement. We might see an upward rally in altcoins while BTC again tests the $28,000 resistance level.
Читать полностью…AUDIO analysis:
AUDIO bounced from the local support area. The next resistance is the $0.322-$0.33 area and we might see a test of this area. The local support is $0.247-$0.26 area and this is the zone for new entries.
Cardano (ADA) Dips to $0.34 After 63.5M Whale Action
The Cardano ecosystem displays promising and ongoing development.
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The TOTAL crypto marketcap is now testing the major resistance area of $1.15-$1.17 Trillion. A break above this resistance is extremely bullish and we see a move toward the $1.30-$1.33 Trillion area. This is either a make or break point for the market. Keep tight stop loss in all trades.
Читать полностью…ANKR analysis:
Price broke the small downtrend line and the $0.0324-$0.0337 area works as support. The resistance is $0.0395-$0.040 area and we might see a move toward this zone. You can open a long position at the support level with tight stop loss.
Breaking: U.S. PCE Inflation Surges 0.3%, More Interest Rate Hikes Ahead?
https://bit.ly/3ziTo74
The EA Transfer Volume Momentum compares the monthly average transfer volume against the yearly average to help identify the prevailing trend for network activity.
Currently, the trend is shifted from Decline transfer volume to Increasing transfer volume. This shows improving network fundamentals.
ADA is testing the resistance area and a break above this will send the price toward the $0.42 resistance level. Wait for a break above the resistance for new entries. The support levels are mentioned on the chart.
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Educational Post
Is P2P Trading Safe?
As with any type of trading, P2P trading has its fair share of risks, which vary depending on the exchange and its safety measures. While older exchanges faced a higher risk of theft and scams, many newer P2P trading platforms have significantly improved their security measures.
A leading P2P exchange today, for instance, typically has an escrow service, regular security updates, and a stringent KYC (among other measures) to keep users safe.
However, even with the appropriate safeguards, all trading activity comes with risks — and P2P trading is no exception.
AVAX analysis
AVAX is now testing the resistance of $17.50-$18.10 area. If price reject from here then we see a move toward the support of $14.10-$14.40 area. Wait for breakout above the resistance for new long positions.
NEO analysis:
NEO is again testing the resistance area. Price gave fakeout above the resistance two times. If the price is rejected from the resistance then we see a move toward the $11.60-$11.80 support area. A break above the resistance will send the price toward the $15 major resistance level.
Binance Pool Launches Presale of Cloud Mining Products (2023-03-29)
https://www.binance.com/en/support/announcement/c7760df14d6a4311bdde7ff38a418195
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Binance Will Support the Ethereum (ETH) Network’s Shapella Upgrade
https://www.binance.com/en/support/announcement/427a18a0ba03497087401d4b89d229df
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Price is now testing the support line. The wick below the support line shows stop loss hunting and price rejection. You can open a small long position here with tight stop loss.
Читать полностью…