Crypto VIP Signal

19 декабря 2023 07:29

Bitcoin has rebounded from its support level and is now testing its resistance level. The price is currently trading within a range, and there has been no significant movement in either direction. It is recommended to have stop losses in all open positions.

Crypto VIP Signal

17 декабря 2023 19:23

NEO Analysis :

NEO is been rejected multiple time s from the resistance area of $13.55 - $13.71 and on LTF its kinda consolidating. Price is expected from the support area of $11.54 - $11.94. Right now, price is indecisive at the moment, so better wait for the price to reach out those area to taking potential setups.

Crypto VIP Signal

16 декабря 2023 12:57

ICP analysis:

Price has reached a major resistance area. Let's observe how price reacts here as it is a multi-year resistance area. A break above this resistance level will bring a good rally.

Support Area: $6.95-$7.35

Major Resistance Area: $9:20-$9.75

Crypto VIP Signal

15 декабря 2023 10:21

ADA broke through the major resistance area of $0.46, and as expected, the price rose towards the $0.60 level. If you have opened long positions, book partial profits and hold with a trailing stop loss.

Support Area: $0.595-$0.607

Resistance Area: $0.685-$0.70

Crypto VIP Signal

14 декабря 2023 19:51

BEL analysis:

Price has been rejected at the resistance area. However, a break above this level can potentially push the price towards the next resistance area.

Local Support Area: $0.62-$0.63

Major Support Area: $0.491-$0.517

Resistance Area: $0.77-$0.81

Crypto VIP Signal

14 декабря 2023 07:20

Bitcoin has recently rebounded from the support area and has now reached the resistance area. However, it seems like BTC is facing some selling pressure at the resistance level. We will have to wait and see whether BTC can break and maintain its position above $43,000. If it does, we might see a significant gain and a move towards the major resistance area.

Support Area: $40,000-$42,000

Major Resistance Area: $45,000

Crypto VIP Signal

13 декабря 2023 07:48

The market remains stagnant and Bitcoin is not experiencing any significant changes. The bears are exerting pressure to pull down the price below the $40,000 level. It is possible that the market will undergo a correction, therefore it is advisable to use tight stop-loss measures for all open positions.

Crypto VIP Signal

11 декабря 2023 19:40

ATOM analysis:

After breaking above the resistance area, the price faced a strong rejection, indicating a potential test of the support area. This zone can be considered for new entries.

Support Area: $8.25-$8.50

Resistance Area: $10.25-$10.50

Crypto VIP Signal

10 декабря 2023 14:57

Educational Post

What is Token Lockup?

The term token lockup refers to a specific period of time in which cryptocurrency tokens cannot be transacted or traded. Typically, these lockups are used as a preventive strategy to maintain a stable long-term value of a particular asset.

This may help to prevent the holders of big bags to sell their tokens all at once in the market, which would likely cause prices to tank very quickly.

It is common to see massive sell-offs after Initial Coin Offerings (ICO) where early investors (or even the project’s team) end up selling their holdings right after the cryptocurrency hits the market, causing massive drops in price.

So token lockups are used to avoid this from happening and they bring an extra level of confidence to the potential participants of a token sale.

Token lockups may also be called vesting periods. These are often set as one or two years after the launch of a cryptocurrency.

For example, if a startup creates a cryptocurrency and launches it through an ICO, they may define a lockup period for the team of two years, meaning that no team member will be able to access their tokens before the lockup period ends.

This brings a positive sentiment about the project and the team as it will likely keep them motivated to focus on long-term work, without worrying about the market value of their token.

Crypto VIP Signal

09 декабря 2023 12:17

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Crypto VIP Signal

09 декабря 2023 11:47

It seems that LINK has broken the expected pattern and moved upward. We hope you were able to open a long position at the support area. You may consider increasing your stop loss to the breakeven point and holding onto this position. The good news is that LINK has also broken the resistance area.

Next Resistance Area: $20.00-$20.80

Crypto VIP Signal

08 декабря 2023 19:33

NKN analysis:

Price has broken the local resistance and is now heading towards the major resistance area. It is recommended to open a long position upon a retest of the zone.

Support Area: $0.106-$0.109

Major Resistance Area: $0.143-$0.15

Crypto VIP Signal

07 декабря 2023 10:56

LINK analysis:

There is an uptrend, and a pattern similar to a previous one has appeared on the chart. A test of the support area is expected, where you can open new long positions.

Support Area: $14.70-$14.85

Resistance Area: $16.30-$16.65

Crypto VIP Signal

06 декабря 2023 10:32

ADA analysis:

Price has reached a major resistance area. If it breaks above, we may see a move towards $0.60. Consider buying ADA if it drops to the support area.

Support Area: $0.376-$0.386

Major Resistance Area: $0.43-$0.46

Crypto VIP Signal

03 декабря 2023 11:01

Dear members,

6 hours left until the biggest signal we have ever done on MEXC!

- Our target will be 5000%-7000% gains today. We will be using the MEXC exchange.
- 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.

Crypto VIP Signal

18 декабря 2023 10:09

ICP breaks above the major resistance area and price is now retesting the level. You can open small long position here with tight stop loss. The next major resistance level is $15.

Crypto VIP Signal

16 декабря 2023 18:57

STORJ analysis:

Price is currently testing a resistance area. A clear break above this resistance level would signal a bullish trend and offer an opportunity for new long entries.

Support Area: $0.648-$0.664

Resistance Area: $0.908-$0.976

Crypto VIP Signal

16 декабря 2023 11:38

MATIC has been rejected from the resistance area. If you have long positions open, increase your stop loss to the breakeven point and hold. We may see a move towards the resistance area again.

Crypto VIP Signal

15 декабря 2023 07:09

Bitcoin is unable to hold above $43,000 and the price keeps rejecting from there. Price is holding above the support area and this is a good sign for the market. Keep an eye on the $40,000 level.

Crypto VIP Signal

14 декабря 2023 09:05

It seems like NKN has retested the support zone as we expected. If you have opened a long position there, we suggest increasing your stop loss to the breakeven point and holding onto the long position. It's possible that we may witness a move towards the major resistance area now and this would be an ideal zone for profit booking.

Major Resistance Area: $0.143-$0.15

Crypto VIP Signal

13 декабря 2023 19:26

COTI analysis:

Price has been rejected from the resistance area, indicating a potential test of the support zone. Consider placing buy orders in this area for new entries.

Support Area: $0.0544-$0.0571

Resistance Area: $0.0653-$0.0685

Crypto VIP Signal

12 декабря 2023 06:58

Bitcoin is currently holding a crucial support level and attempting to regain momentum. Meanwhile, altcoins experienced a downturn but have now started climbing once again. It's important to monitor whether Bitcoin stays stable above the $40,000 mark, as this will determine whether the upward trend in altcoins will continue. It's recommended to keep a close eye on any potential breakdown below $40,000, as it could trigger a chain of stop loss events. Additionally, it's advisable to use tight stop loss in all trades.

Crypto VIP Signal

10 декабря 2023 19:04

C98 analysis:

Currently, the price is testing a resistance area. It's important to observe how the price reacts at this level. A break above the resistance area will indicate a continuation of the upward movement. Therefore, it's best to wait for a break above the resistance area or a test of the support area before considering new entries.

Support Area: $0.177-$0.185

Resistance Area: $0.238-$0.25

Next Resistance Area: $0.297-$0.31

Crypto VIP Signal

10 декабря 2023 06:46

Bitcoin has failed to break the trading range resistance and its price continues to move sideways. Altcoins are showing good rallies, so it's recommended to book profit and increase stop loss in open positions.

Support Area: $40,000-$42,000

Resistance Area: $45,000

Crypto VIP Signal

09 декабря 2023 12:03

MEXC will list TBT in Kickstarter at Dec 9, 13:00 (UTC).

https://mexc.com/en-US/support/articles/17827791511914

Crypto VIP Signal

09 декабря 2023 07:11

Bitcoin is trying to break the small sideways trading range. Let's see if the price is able to break and hold above this small resistance area. As said altcoins are pumping hard and better to increase your stop loss and book some profits in open positions.

Crypto VIP Signal

08 декабря 2023 12:20

Educational Post

What is GameFi?

GameFi, short for Game Finance, is a market segment within decentralized finance (DeFi) that combines blockchain technology with gaming. This innovative fusion aims to not only enhance interest in specific blockchain projects but also to deepen users' engagement with cryptocurrencies, creating a novel gaming experience.

GameFi introduced a groundbreaking play-to-earn (P2E) business model that redefines the gaming landscape. By offering tangible incentives for gamers' time and effort, such as in-game cryptocurrencies and non-fungible tokens (NFTs), it can transform digital gaming into a rewarding financial ecosystem.

How GameFi Works?

At its core, GameFi leverages smart contracts, the programmable scripts on blockchains, to automate specific actions within games. These contracts bring a level of flexibility that allows for the creation of unique and innovative gaming experiences. Each game typically employs multiple smart contracts, tailored for distinct purposes like asset creation, reward distribution, and managing in-game economies.

Crypto VIP Signal

06 декабря 2023 19:19

OP analysis:

Currently, the price is approaching a significant resistance level. If it manages to break above it, we can expect a bullish trend. Wait for the price to break above the resistance level before entering new long positions.

Crypto VIP Signal

05 декабря 2023 14:36

Educational Post

What Is Sharding?

Sharding is a concept borrowed from traditional database management. It refers to the process of splitting a larger database into smaller, more manageable parts, called shards. Its application in blockchain aims to improve scalability, whilst maintaining the principle of decentralization. In essence, sharding occurs when a blockchain network is divided into smaller parts known as shards, each capable of parallelly processing transactions and smart contracts.

How Does Sharding Work?

Understanding how sharding is executed within a blockchain network requires a comprehension of how blockchain data is usually stored and processed. There are various ways data can be processed. We are going to look into sequential and parallel processing.

Typically, each blockchain node is responsible for handling all of the transaction volume within the network. This type of data processing is commonly referred to as sequential processing. This implies that every node must maintain and store all critical information, such as account balances and transaction history. In essence, each node must process all network operations, data, and transactions.

Though such a model bolsters the security of the blockchain by recording every transaction across all nodes, it dramatically slows down the processing of data. This is where parallel processing of data comes into play as it allows for multiple operations to be executed concurrently.

Sharding can be a potent solution to this predicament as it divides or 'partitions' the transactional workload across the blockchain network. This means that not all nodes need to manage or process the entirety of the blockchain's load.

Instead, sharding segregates the workload through horizontal partitioning. In this process, the data is divided into horizontal subsets, with each shard acting as an independent database capable of processing transactions separately from the others

Crypto VIP Signal

02 декабря 2023 07:23

Bitcoin (BTC) has managed to stay above the $38,000 mark, which is a positive sign. This could lead to favourable upward movement in altcoins, as traders have a positive sentiment towards them. The Fear and Greed Index is currently at 72, indicating that there is still room for further upward movement. We may see a rejection from the major resistance area.

Support Area: $34,700-$35,000

Major Resistance Area: $40,000-$42,000