There is a lot of accumulation in the range of $25,000-$31,000 area. This shows investors are accumulating for the next bull rally. This is the major resistance and there is not much unspent supply on higher prices.
Читать полностью…Bitcoin broke the $28,500 resistance after many attempts and is now approaching the $30,000 resistance level. The overall market is showing positive movement. A break and hold above $30,000 will bring some good pump in altcoins.
Читать полностью…#JASMY is trending on Twitter. You can listen to the AMA session to learn more about the project and team. Most of your questions are covered in the AMA. Our team will do more AMAs in coming months to educate our community.
AMA video link: https://youtu.be/HHwYRPAZauI?si=TaKaDyLeMNa5mboJ
On Oct. 16, there was a significant outflow of Bitcoin from exchanges, totalling 7,000 Bitcoin, which is worth approximately $200 million. Although some of this movement may be due to the recent spread of misinformation about the approval of a Bitcoin spot ETF, the transfer of funds on the blockchain has been ongoing both before and after the occurrence.
Читать полностью…Educational Post
What is a block halving?
A block halving is a process of reducing the rate at which new cryptocurrency units are generated. Specifically, it refers to the periodical halving events that decrease the block rewards provided to miners.
Why are halvings significant?
Halvings are at the core of the cryptocurrency economic models because they ensure coins will be issued at a steady pace, following a predictable decaying rate. Such a controlled rate of monetary inflation is one of the main differences between cryptocurrencies and traditional fiat currencies, which essentially have an infinite supply.
How many Bitcoin halvings have there been previously?
As of July 2019, there have only been two previous Bitcoin halving events. These occurred on the 28th of November, 2012 and the 9th of July, 2016. At the time of the first halving event, the price of Bitcoin was $12.31 and at the time of the second halving event, the price of Bitcoin was $650.63.
There will only ever be 32 bitcoin halving events. Once all of these have occurred, there will be no more halvings and there will also be no more Bitcoin created as the maximum supply will have been reached.
Bitcoin broke the falling wedge pattern and moved upward as expected. The price is heading towards the major resistance area, and we may see a test of it. Let's see how BTC reacts there.
Читать полностью…DAR broke the trendline in a downward direction. This is a bearish sign, which is why we told you to use tight stop loss. We may see a test of the trendline and the continuation of the downtrend.
Читать полностью…Bitcoin is trying to break the falling wedge pattern. Price is testing the resistance line. A break above the pattern will bring upward movement in BTC.
Читать полностью…We are excited to share a significant accomplishment with you! Our community has been featured on Yahoo Finance, a globally renowned finance media giant, which is a testament to the hard work of our dedicated team. This recognition motivates us to continue our journey of growth and enlightenment, and we invite you to read the captivating story of our community on their prestigious website.
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Based on our analysis, TRB is currently experiencing a breakdown below the support level. It is strongly recommended to wait for new entries. A candle close below this support area would indicate a bearish trend. The next support level at $43 may be approached in the coming days.
Читать полностью…Notice of Removal of Margin Trading Pairs - 2023-10-19
https://www.binance.com/en/support/announcement/1dd3230be12c48c396fb03b79e0203d9
Judge To Preclude Sam Bankman-Fried’s Defense On Anthropic Investments?
https://coingape.com/judge-to-preclude-sam-bankman-frieds-defense-on-anthropic-investments/?utm_source=Telegram&utm_medium=Crypto+VIP
3 hours left until the mega pump on MEXC! Things are looking great for us and we will definetly be expecting a very nice pump!
Here is a list of things you need to know before the pump:
- The faster you buy the more profit you will make, buying early is the most important factor that will determine your profits.
- If you are using market buy , using the 100% option won't work , instead use between 75% and below.
- The pump will be free for all and on MEXC, the signal will be given on all our telegram groups at the same time
📣 12 hours remaining until our pump on MEXC! Our pump will be free for all and everyone will receive the signal at the exact same time. A few tips before we begin : Buying early and fast is very important! Make sure to be active during the pump. If you buy and sell for a profit we suggest adding a buy order at a lower level afterwards to ride the waves and help support the pump, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 5000%-7000% gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…AMB tested the support area and bounced from there. If you have opened long positions then increase your stop loss and hold the position. We may see a move toward the local resistance area.
Читать полностью…MULTI analysis:
Price rejected from the $3.30 resistance area and now testing the support area. The support is $1.70-$1.90 and the price needs to hold this level. A break below $1.70 will send the price towards the $1.00 major support level.
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ETC Analysis :
ETC is been moved the Bitcoin Up move with ended up being a long liquidation wick. Well, Volume is not enough to push higher, so we can see a drop till strong support zone of $14.47 - $14.83. Right now, wait for the setup to appear and have an eye on breakout.
As anticipated, RUNE has dropped to the support level. If you have placed buy orders, now is the time to hope they are filled. It is recommended to increase your stop loss and hold onto this position. Currently, the position is running at more than 18% profit from the bottom. There is a possibility of the price moving towards the resistance area.
Читать полностью…ARB analysis:
Price is currently in a downtrend and has broken a small uptrend line. A potential small long position can be taken at the next major support level of $0.73-$0.75 with a tight stop loss. The resistance is at the $0.86-$0.88 area.
Bitcoin is breaking out of the falling wedge pattern. Wait for the candle to close above the trendline for confirmation. This breakout is bullish for BTC and we may see some upward movement next week.
Читать полностью…1INCH analysis:
The price has broken the uptrend channel in a downward direction and is currently retesting it. In order to see some positive movement, the price needs to break above the $0.25 level. If you're planning to open a long position, make sure the price breaks and holds above the $0.25 level. The support levels are $0.235 and $0.2075.
BNT analysis:
The price is rejected from the major resistance area. The support on the daily chart is $0.38-$0.44 area and we may see a test of this zone in the coming days. Wait for sometime for new entries.
Long-term BTC investors are accumulating around 50,000 coins ($1.35 billion) per month.
The total number of BTC held by long-term holders has reached a new all-time high - 14,859 #BTC, accounting for 76% of the cryptocurrency's circulating supply.
Price is currently testing a support area. It is recommended to take a small long position with a tight stop loss since a bounce from the support area is expected.
Читать полностью…Bitcoin is slowly going toward the $27,000 level and the price needs to hold this level. A break below this support level will bring some sell-off and we may see a dump toward the $26,000 level. Keep tight stop loss in all trades.
Читать полностью…BUSD Exchange Inflow Volume (7d MA) just reached a 1-month low. This indicates low interest among the investors.
Читать полностью…Dear members,
6 hours left until the biggest pump we have ever done on MEXC!
- Our target will be 5000%-7000% gains today. We will be using the MEXC exchange to pump.
- We will be using the USDT pairing to buy, make sure you have USDT in your account to buy the coin.
- Hundreds of hundreds of traders will be buying at once, make sure you buy early before outsiders do.
- If you plan to use your whole balance, you can buy using 75% of your balance initially at market price, use the remaining of your balance to place buy orders!
- When you buy the coin and it's time to sell, never sell on the buy supports! Instead sell slowly in parts as the price goes up.
- After buying, we highly suggest to place buy orders below the market price as the price moves up.
RUNE analysis:
Price is rejected from the $2.00-$2.20 resistance area and now heading toward the support area. Wait for a test of the $1.40-$1.55 support for new entries.