Bitcoin failed to break the resistance on its first attempt and is now attempting a retest. Let's see if the price is able to break and hold above this resistance area. If it does, the price could move towards the $64,500-$65,500 resistance area.
Читать полностью…COTI analysis:
The price is currently testing the resistance area. Let's see if it's able to break above this level. The price will likely move towards the support area if there's a rejection. If it breaks upwards, it could lead to a strong rally in the market. It's better to wait for some time before opening new positions.
Support Area: $0.097-$0.0996
Resistance Area: $0.118-$0.123
Educational Post
What are NFT Floor Prices?
The floor price of an NFT refers to the lowest-priced item listed within a collection and is considered one of the main metrics used by collectors to measure and evaluate a project’s desirability. It gives buyers an idea of the minimum investment required to own an NFT from a particular project.
Floor prices are typically a great starting point to develop an understanding of a project's popularity and value. However, a floor price isn’t a reliable indicator of a project’s success.
Calculating NFT Floor Price
The floor price of a collection is the price of the cheapest NFT in the project. NFT floor prices are updated in real-time and are based on supply, demand, the project’s stakeholders, and current market conditions. The floor price for a specific collection can vary amongst different marketplaces.
Let's say that the lowest price for an NFT collection is $50. This would make the floor price of the collection $50. Now, if another individual buys the NFT, the new floor price would be the next lowest-valued NFT in the collection.
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Bitcoin has broken the bearish rising pattern and reached the $60,000 major resistance area. The price needs to hold above $60,000 to remain bullish; otherwise, a rejection from here will send the price back to the $58,000 level.
Читать полностью…Hello everyone, 48 hours left until our next free for all pump on MEXC!! The target this time will be 50X-100X gains possibly even more. #BTC just smashed through $59k like a boss🚀 Big green candle flexing hard on the 4H chart FOMO is about to hit, and the market is gonna pump like crazy! With our volumes being high, We can guarantee that this upcoming mega pump will have amazing results like our previous pumps: #YOLO(+3200%+1600%) #JWIF(+2500%) #VTS(+3500%) #FRTN(+6500%) #JET(+10600%)
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The TOTAL crypto market cap failed to hold the key support area and has now tested a lower support level. It's currently attempting to reclaim the $2 trillion mark. A breakout above this level could signal a positive shift, potentially leading to increased momentum in the market.
Читать полностью…STRK analysis:
The price was rejected from the resistance area and is now moving up again. This is a no-trade zone, and let's see how the price reacts at the resistance area.
Support Area: $0.332-$0.347
Resistance Area: $0.438-$0.458
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CVC is currently testing the resistance area. Keep an eye out for a potential breakout. We will open a new long position after the breakout. You can consider opening a small short position at the resistance area with a tight stop loss. The possible scenarios are marked on the chart.
Resistance Area: $0.115-$0.125
RAY analysis:
Price is currently testing the support area, and a bounce may occur from here. Consider opening a long position at the support area with a tight stop loss.
Support Area: $1.35-$1.45
Resistance Area: $1.83-$2.00
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Bitcoin is dropping because the Harris-Trump presidential debate ended without a mention of cryptocurrency. The price needs to hold above $55,000 to remain bullish. Let's see how the market reacts today when the US markets open.
Читать полностью…💥Exciting news, dear members! In response to Massive demand from our community, we're thrilled to announce that our next 50X-100X Mega Pump Signal will be hosted at MEXC. Get ready to ride the wave of opportunity with us💥
Date: 15-September-2024 Sunday
Time: 4 PM GMT
Pairing: USDT
Exchange: MEXC
Advantage: Free For All
With the success of our previous big pump signals #YOLO(3200%+1600%) #JWIF(+2500%) #VTS(+3500%) #FRTN(+6500%) #JET(+10600%) on MEXC, which remained in the "Top Gainers" for over 24+ hours. we are ready to announce our next big signal on MEXC.
There is very little hidden sell pressure in the orderbooks and we believe that with our massive buying power we will be able to reach 50X-100X easily possibly even more. we have decided to schedule our next signal in 5 days to make sure that we are fully prepared. Our main goal for this pump signal will be to make sure that every single member in our group makes a massive profit. We welcome everyone to join us as we create the next big pump all traders and investors all over the world have been waiting for. Our team is validating bunch of amazing projects which are so undervalued but have best potential. Meanwhile you can transfer USDT on your MEXC spot account! so you don't miss this great opportunity!
Our whales assured guaranteed 50X -100X gains for upcoming MegaPump Signal! This one is set to outshine all our past successes in terms of volume and percentage gain as More than 1Million active participants are ready to take advantage of this Mega event! This signal could potentially make you a significant and massive amount of profits within a short period of time. If you’re ready to ride the wave to the moon, Make sure you have USDT available in your MEXC spot account! Stay tuned for upcoming instructions to ensure all our members are geared up for MEXC. Get prepared for the pump of a lifetime✌️
Binance has released its 22nd proof of reserves, with a snapshot taken on September
Key changes include:
- BTC assets: 605k, down 1.27% from the previous snapshot.
- ETH assets: 4.486 million, down 4.58%, a decrease of 215k ETH.
- USDT assets: 22.11 billion, up 4.34%, an increase of 919 million USDT.
This update highlights the latest shifts in user-held assets on the platform.
Exactly 12 hours left for the biggest MEXC Mega Pump we’ve ever seen, expect profits of no less than 5,000% and a volume never seen before, our big whales will be pushing price up for hours after our initial signal, getting the biggest volume from outside traders, and making sure all our members make huge profits again!
Make sure you have “USDT”in your “MEXC wallet”before pumping. Be ready at 4pm GMT today.
Dear members,
Exactly 24 hours left for our biggest MEXC pump signal in history!! We expect the maximum number of participants in this pump, reaching millions of traders from every corner of the world. The whales we have on our team for this pump are the biggest we’ve ever had, We’ll be constantly pushing the price higher, not likely seeing many retracements. Buying and holding as soon as the signal is announced will be the most profitable strategy. Our goal in this pump is to guarantee all our members the biggest profits possible, aiming at a minimum of 5000%!! Big reminder that we are doing the mega pump on MEXC.
CVC was rejected from the resistance area. If you had opened a short position, you are now around 10% in profit. You can either book the profit or hold the position with a stop loss at breakeven. The market is looking positive, and we may see another test of the resistance area.
Читать полностью…MicroStrategy has added another 18,300 BTC to its holdings for approximately $1.11 billion at an average price of $60,408 per Bitcoin. The company has achieved a BTC yield of 4.4% quarter-to-date (QTD) and 17.0% year-to-date (YTD). As of September 12, 2024, MicroStrategy holds a total of 244,800 BTC, acquired for roughly $9.45 billion, at an average price of $38,585 per Bitcoin.
Читать полностью…TIA analysis:
Price is currently trading near the major support area, suggesting a potential opportunity for a long position with a stop loss below the support area. There is a possibility of a bounce from this level towards the resistance line of the triangle.
Support Area: $3.85-$4.15
Resistance Area: $4.90-$5.05
According to Glassnode, the miner capitulation that occurs every cycle after Bitcoin's halving has officially come to an end. They noted that this was the longest and most brutal capitulation in the history of Bitcoin, marking a significant moment for the network's resilience and recovery.
Читать полностью…The price of Bitcoin is currently around $58,000. A bearish rising wedge pattern has formed on lower time frames, indicating a potential downward movement. If the pattern breaks downwards, the price is expected to drop to the $55,000-$56,000 range. It's advisable to maintain tight stop-losses on all open positions.
Читать полностью…#DOMO/USDT!
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Get ready for more signals, and stay sharp for the next opportunity. The whale game is just heating up!🔥
Educational Post
What is Gwei?
The term gwei refers to a small denomination of ether (ETH), which is the native currency of the Ethereum blockchain.
As the name suggests, Along with ETH, gwei is the most commonly used denomination of Ethereum’s cryptocurrency, and it is particularly useful when talking about gas. Simply put, gas is the pricing mechanism used on the Ethereum network. Such a mechanism is responsible for calculating the fees when users perform a transaction or execute a smart contract operation.
Specifically, a unit of gwei is defined as one-billionth (one Nano) of an ether. So 1 gwei equals 0.000000001 or 10e-9 ETH. Conversely, 1 ETH equals one billion (10e9) gwei.
To better understand the concept of gwei, we may use an analogy with the US dollar, where gwei would be equivalent to coins (cents) and ETH to dollar bills. For small purchases, it’s easier to refer to prices in cents rather than in fractions of a dollar. As such, gwei may come handy when measuring small values, and that’s the reason it is widely used when calculating the gas price.
Bitcoin was able to defend the $55,000 level, and the price bounced from there. We are once again testing the $58,000 level, and let's see if the price is able to hold above this level. The key level to watch is the $60,000 area.
Читать полностью…ETH bounced as expected after testing the support area. The buying pressure is high in this zone, and we hope you have also acquired some ETH at this level. Consider adding more if the price drops back to this support zone.
Support Area: $2060-$2170
Local Resistance Area: $2500-$2580
TON long position has gained over 22% profit from our entry. You can now increase your stop loss to near the $5.00 level and hold the position. We may see a move towards the resistance area in the coming days.
Resistance Area: $6.00-$6.25
LDO analysis:
Price is currently testing the support area, and we may see a rebound from here. Consider initiating a long position at the support area with a tight stop loss.
Support Area: $0.88-$0.98
Resistance Area: $1.30-$1.42
We will only post announcement for next guaranteed 50X-100X MEXC MegaPump Signal once this POLL reach 10k votes🔥
Vote and Stay tuned🚀✌️
THETA rebounded after testing the support area. The long position is now in more than 12% profit. You can increase the stop loss to the breakeven point and hold the trade.
Resistance Area: $1.34-$1.45