ACT analysis:
The price is currently trading within a falling wedge pattern and is now establishing a support zone. You might consider adding some ACT here, as there is potential for a move towards the resistance area. A breakout from the falling wedge could lead to a significant rally.
Resistance Area: $0.415-$0.456
Solana's Liquidity Surge
Since September 2023, Solana has enjoyed consistent net capital inflows, with minimal outflows disrupting the trend.
This steady stream of liquidity fueled growth, pushing daily inflows to an impressive $776M—powering SOL’s price appreciation! 🚀
WOO bounced from the support area and the long position is now in more than 13% profit from our entry. You can increase your stop loss near to breakeven point and hold the position. If price able to break the resistance area then we see a good upward rally.
Resistance Area: $0.233-$0.24
Bitcoin continues its upward movement and has reached resistance. Yesterday, there was strong buying volume from US traders. We may see a test of $100,000, and let's observe how the price reacts there.
Читать полностью…https://x.com/bitbonk_inu/status/1871576843498729834?s=46
$BBONK is dropping something MASSIVE for holders—and trust us, you don’t want to miss this. If you’ve been sitting on the sidelines NOW is the time to act!⏳
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🚨 *Bitcoin Key Support Alert* 🚨
The crucial support zone for #Bitcoin ($BTC) now lies between $97,041 and $93,806. If this critical demand area fails to hold, a sharp drop to $70,085 could be on the cards, as minimal support exists below. Stay vigilant! 📉
Bitcoin broke out of the downtrend channel but was rejected by the resistance area. The price is now again attempting to break the downtrend channel, and we may see another move towards the resistance area.
Читать полностью…$BBONK is experiencing significant growth on DEXTools. The conditions are favorable for a strong upward movement, and new investors are likely to join soon.
Steps to Buy $BBONK💎 on 🟠Binance Web3 Wallet🚀🔥
1. Log in to 🟠Binance Web3 Wallet, fund it with BNB (BEP20) or ETH (ERC20), and copy the contract address:0xbbBBBBe1da5EAB142B32f8887EE8d3872D847c20
.
2. Paste the address in "Search Token," and swap BNB/ETH for $BBONK, and confirm the transaction.
3. Add $BBONK to your wallet and enjoy the ride! 🚀
#BBONK partners with #LTO is a masterstroke and this is just the beginning! As meme coins are hot stuff.
$BBONK is still a low-cap gem ready to explode! 🔥 Expect more Binance-listed projects to follow suit! NOW is the time to buy before it skyrockets! 🚀💥
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Dear members,
30 minutes left until reveal of a strong NEWS-DRIVEN COIN with a SIGNIFICANT PARTNERSHIP with Binance listed project.
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The TOTAL2 (altcoin market cap) is retesting the support area, and we may see some accumulation before the next move. You can accumulate your favorite coins at the support level.
Читать полностью…$BBONK big news🔥
BitBonk has officially applied for Binance Listing and Binance Alpha Listing! 🌟 🚀
Check for more details: https://x.com/bitbonk_inu/status/1870857099422449927?s=52
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Monster pump is inevitable for #BBONK 🚀 Don’t sleep on it😊
Bitcoin early adopters are holding strong, but we’re seeing significant profit-taking from those who entered the market in the last 6-12 months. A natural cycle as the market consolidates!
Читать полностью…🚨 Massive Win Alert! 🚨
So far, $BBONK has already delivered 3X gains to our community! 🎉
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#BBONK #BitBonk #CryptoGains #Tier1Exchange #50XJourney
Educational Post
What is the term Weak Hands?
“Weak hands” is a term used to describe a trader or investor that lacks the confidence, resources, or ability to hold their positions or to stick with their trading plans. However, the term may be employed differently according to the type of market.
In both the Forex and cryptocurrency markets, “weak hands” is frequently used with a negative connotation, which describes the behavior of inexperienced and emotional traders. Usually, these traders present predictive trading patterns and strategies, which are frequently exploited by market makers and seasoned traders.
So we may define a “weak hands” trader as the one that buys or sells compulsively, driven by emotions rather than logic. They tend to exit positions when the market shows any sort of bearish behavior or due to bad news, often selling their assets for a loss. Such individuals don’t believe in the long term growth of their investments and can be easily “shaken out” by common price swings.
AVAX analysis:
Price tested the support area and then bounced back. You can place your buy orders near this support zone for new entries. We should see a continuation of the upward rally in the coming days.
Support Area: $33-$36
Resistance Area: $49-$50
🚨 DEXE Hits a New High of $15.847 Today! All Targets Achieved🚨
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RIF analysis:
Price is bounced from the trendline support area. You can open a long position near the support area. We may see a move towards the resistance area in the coming days.
Support Area: $0.097-$0.104
Resistance Area: $0.147-$0.162
Educational Post
What is Transactions Per Second (TPS)?
In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.
The approximate average TPS of the Bitcoin blockchain is about 5 – though this may vary at times. Ethereum, in contrast, can handle roughly double that amount.
The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.
This challenge isn’t purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is that Bitcoin, Ethereum, and other blockchains aim to compete with that while still maintaining a high degree of decentralization.
Decentralization comes at the cost of performance and security. So, these scalability solutions not only need to increase the performance of the network but, at the same time, also maintain all the other desirable properties of blockchain. Otherwise, blockchain isn’t really anything more than an inefficient database.
It’s important to note that if a blockchain has high TPS, it isn’t necessarily superior to other blockchains with lower TPS. Many blockchain projects boast about their high TPS numbers. However, it’s almost certain that such performance was achieved by sacrificing other important aspects of the network. For example, at any given moment, Bitcoin has thousands of nodes distributed across the globe running the Bitcoin software. A blockchain with only 10-20 nodes could easily outperform Bitcoin, but it could hardly be called decentralized or even distributed.
EGLD has bounced back from the support area as anticipated. If you have opened long positions, consider raising your stop loss to just below the support area and holding your position. We may see a movement toward the resistance area in the coming days. You can also consider adding more to your position if the price drops back to the support area.
Читать полностью…ACE analysis:
Price has broken below the trendline support, which is a negative sign. The price is unable to reclaim the trendline. It is advisable to wait for a more favorable setup before opening new long positions.
Resistance Area: $2.55-$2.75
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MicroStrategy has acquired 5,262 BTC for ~$561M at an average price of ~$106,662 per Bitcoin.
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Читать полностью…Bitcoin is currently experiencing a downward movement, trading within a downtrend channel. We may see a clear breakout today when the US markets open. Let’s see in which direction BTC moves.
Читать полностью…EGLD analysis:
Price is now testing the support and needs to hold this level. You can open a long position at the support area.
Support Area: $32.80-$33.50
Resistance Area: $40.50-$41.00
#BBONK Rally is Just Getting Started! 🔥🚀
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https://x.com/bitbonk_inu/status/1870836620758311419?s=52