Crypto VIP Signal

15 августа 2023 07:56

#BTC still remains the same and made a fakeout over the consolidation range and $29,540 till $30,000 will act as the resistance area for this. We've some strong news events this week ahead, which might decide the direction of the market.

Crypto VIP Signal

14 августа 2023 14:15

Educational Post:

What is fundamental analysis?

Fundamental analysis is a method used by investors and traders to attempt to establish the intrinsic value of assets or businesses. To value these accurately, they’ll rigorously study internal and external factors to determine whether the asset or business in question is overvalued or undervalued. Their conclusions can then help to better formulate a strategy that will be more likely to yield good returns.

For instance, if you took an interest in a company, you might first study things like the company’s earnings, balance sheets, financial statements, and cash flow to get a feel for its financial health. You might then zoom out of the organization to look at the market or industry it’s operating in.

The end goal with this type of analysis is to generate an expected share price and to compare it with the current price. If the number is higher than the current price, you might conclude that it’s undervalued. If it’s lower than the market price, then you could assume that it’s presently overvalued. Armed with the data from your analysis, you can make informed decisions about whether to buy or sell that particular company’s stock.

Crypto VIP Signal

14 августа 2023 10:34

MATIC is been ranging after the breakout and, and potential setup will occur after the break of range. You can trade the consolidation in between but Shorts are potentially higher as Daily Making Lower Lows.

Crypto VIP Signal

13 августа 2023 19:52

INJ Analysis :

INJ rejected from the Structural Resistance of $9.30 - $9.70 and gave a breakout after a small consolidation range. Price may continue to push down towards the support near $7.158 and $6.313. Potential shorting opportunities possible at $7.86.

Crypto VIP Signal

13 августа 2023 14:31

MATIC analysis:

Price broke the uptrend line on the 4-hour chart. The local resistance is the $0.70-$0.705 area and the major resistance is the $0.747-$0.787 area. The local support is $0.649-$0.657 area and major support is $0.505-$0.532 area. Better to wait for some time for new long entries.

Crypto VIP Signal

13 августа 2023 09:09

Bitcoin continues the sideways movement and there are no changes yet. The market is boring now and needs some big good or bad news for the next move. There are rumors that the BTC ETF may be approved in the coming months and if that happens, the market will start a new bull rally.

Crypto VIP Signal

12 августа 2023 16:19

Long-term Bitcoin holders command a historic 14.599 million BTC. LTH only decrease near the peak of bull run.

Crypto VIP Signal

12 августа 2023 11:42

ADA broke the support of the $0.30-$0.304 area and also retested it. We may see a continuation of the downward movement toward the $0.24-$0.254 major support area. The local support is $0.276-$0.279 area. Wait for a test of the major support area for new entries.

Crypto VIP Signal

11 августа 2023 19:26

BETA Analysis :

BETA is been consolidating in a range between the support zone of $0.0735 - $0.0749 and Resistance around $0.0837 - $0.0891. This time we've to wait for the price to break either side, to make a potential setup.

Crypto VIP Signal

11 августа 2023 10:58

Price is now testing the downward line of the bull flag. If the price breaks below this line then we see a heavy dump in BNB. Keep an eye on the bear flag trendline. Don't open any long positions here and wait for sometime.

Crypto VIP Signal

10 августа 2023 20:21

GAL analysis:

Price is now moving toward the support of $1.10-$1.15 area. There is a downtrend line which works as a resistance level. The resistance is $1.30-$1.35 area.

Crypto VIP Signal

10 августа 2023 13:49

Binance Delisting Cardano (ADA) And Polygon (MATIC), But’s There’s A Catch

https://coingape.com/binance-delisting-cardano-ada-and-polygon-matic-buts-theres-a-catch/?utm_source=Crypto+VIP&utm_medium=telegram

Crypto VIP Signal

10 августа 2023 08:05

Bitcoin is now retesting the $29,500 level and needs to hold above it. If the price is able to hold above this level then we see some upward movement in the whole crypto market. Let's see how BTC moves from here.

Crypto VIP Signal

09 августа 2023 13:35

Isolating for coins flowing between Whale entities and exchanges, the chart below shows that the aggregate Whale balance has declined by -255k BTC since 30 May.

This is the largest monthly balance decline in history, hitting -148k BTC/month.

Crypto VIP Signal

09 августа 2023 08:30

Finally, BTC gave a breakout above the trading range. Price is now trading above $29,500 and this is a good sign. We may see some positive movement in the market if Bitcoin is able to hold above the $29,500 level.

Crypto VIP Signal

14 августа 2023 19:28

ADA Analysis :

ADA is been trending lower after the retest of the major resistance zone of $0.299 - $0.304 and reached the structural support zone of $0.287 - $0.288. If price breaks and close below $0.287 then we can see next move down till support at $0.265 and lower. Price might form the range here, so wait for the breakout.

Crypto VIP Signal

14 августа 2023 13:25

Liquidity drain continues as Stablecoin supplies continue to decline. We need to see Aggregated Supply Back in Market for Potential Reversals

Crypto VIP Signal

14 августа 2023 08:20

BTC made a drop down over, but still maintaining below the zone, which shows signs of weakness. Price still back in range, so also might push lower. Daily, making Lower Lows, but Weekly might goes deeper to test and testing the Major resistance too.

Crypto VIP Signal

13 августа 2023 17:05

Educational Post:

What is Staking Pool?

A staking pool allows multiple stakeholders (or bagholders) to combine their computational resources as a way to increase their chances of being rewarded. In other words, they unite their staking power in the process of verifying and validating new blocks, so they have a higher probability of earning the block rewards. 

The overall idea of the staking pool model is quite similar to the traditional mining pool, which involves the pooling of hash rate in a Proof of Work (PoW) blockchain. However, the staking pool setup is only available on blockchains that employ the Proof of Stake(PoS) model or, in non-POS systems through protocol design features.

Typically, a staking pool is managed by a pool operator and the stakeholders that decide to join the pool have to lock their coins in a specific blockchain address (or wallet).

While some pools require users to stake their coins with a third party, there are many other alternatives that allow stakeholders to contribute with their staking power while still holding their coins in a personal wallet. For instance, the so-called cold staking pools enable a more secure model, as users can participate in the staking process while keeping their funds on a hardware wallet.

Compared to solo staking, a staking pool will give smaller rewards because each successful block forging (validation) will split the rewards among the many participants of the pool.

In addition, most pools will charge fees, which will reduce even more the final payout. On the other hand, staking pools provide more predictable and frequent staking rewards. Other than that, they allow stakeholders to make a passive income without having to worry about the technical implementation and maintenance of setting up and running a validating node.

Crypto VIP Signal

13 августа 2023 11:58

BTC Number of Addresses Holding 10+ Coins just reached a 3-year high of 157,012. The uptrend started in early 2022 and keep going up.

Crypto VIP Signal

12 августа 2023 19:55

STMX analysis:

Price is now trading in a symmetric triangle after the big pump. The breakout of the triangle will decide the next move. The major resistance is the $0.0076-$0.0080 area. The support is $0.0062-$0.0063 and a break below this will send the price toward the $0.0050 area.

Crypto VIP Signal

12 августа 2023 14:24

Educational Post

What is a Snapshot?

Traditionally, the term snapshot refers to the ability to record the state of a computer system or storage device at a specific point in time. In cryptocurrencies, a snapshot is often describing the act of recording the state of a blockchain on a particular block height.

In this case, the snapshot records the contents of the entire blockchain ledger, which includes all existing addresses and their associated data (transactions, fees, balance, metadata, and so on).

Snapshots are commonly used during airdrops events before each round takes place. During an airdrop, tokens are distributed based on the balance of each blockchain address.

In this case, snapshots are taken to record the balance of each token holder, at a specific point in time (i.e., block height). In most cases, users can move their funds after the snapshot is taken, without compromising their eligibility to participate in that round of distribution.

Snapshots are also important during blockchain hard forks, as they mark the block height in which the main chain will be recorded before giving birth to the new chain.

For instance, when the Bitcoin Cash hard fork took place (on August 1st, 2017), every blockchain address that had Bitcoins at block 478,558, had the balance copied on the Bitcoin Cash blockchain. The reason for that is because both blockchains share the same historical data prior to the fork. As soon as the split is done, each blockchain network will operate independently.

Crypto VIP Signal

12 августа 2023 08:47

Bitcoin going sideways and trading near the $29,500 level. The volatility is very low. Bitcoin fear and greed index is also at average point. Everyone is waiting for a move and staying out from market. Wait for a clear move either side for new entries.

Crypto VIP Signal

11 августа 2023 13:43

Following a strong start in 2023, the quarterly and monthly price momentum has subsided. This pattern mirrors past cycles, where a robust initial rebound gives way to a prolonged phase of uneven consolidation. This stage is commonly labeled the re-accumulation period by Bitcoin experts.

Crypto VIP Signal

11 августа 2023 07:17

Bitcoin is trading near the $29,500 level but seems there is not much interest from buyers. There is no movement in BTC even after the CPI data. Let's see how the price reacts in the next 1-2 days.

Crypto VIP Signal

10 августа 2023 14:57

Bitcoin and crypto market goes sideways despite of the US CPI inflation data. CPI data is 3.2% which is lower than expected. This is good for market. Let’s see how price reacts in the next 1-2 days.

Crypto VIP Signal

10 августа 2023 11:42

Price bounced from the support area and was also able to break the small downtrend line. Price is now retesting the downtrend line and if able to hold above this then we see an upward move. The next resistance is the $1920-$1940 area.

Crypto VIP Signal

09 августа 2023 19:28

API3 analysis:

Price is trading in a long falling wedge pattern. API3 was rejected from the resistance trendline and the price is now moving toward the support of the $0.85-$0.87 area. This is the zone for new entries. A break and daily candle close above the $1.45-$1.50 resistance area is bullish and break the falling wedge pattern.

Crypto VIP Signal

09 августа 2023 10:41

DXY analysis:

Dollar Index (DXY) is trading in a downtrend channel. The price is now near the resistance line and we expect a rejection from there. The support is 100.50-100.68 area and if DXY drops to this level then we see a good move in Bitcoin and other markets. If DXY breaks above the 102.50-102.65 area then we see a downtrend in BTC and all global markets.

Crypto VIP Signal

08 августа 2023 19:29

EGLD analysis:

Price bounced from the support of $30.50-$31 area. The local resistance is $32.89-$33.50 area and the price is rejected from there. The major resistance is the $37.10-$38 area. You can open long positions near the support area with tight stop loss.