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Over the last few days, there has been a consistent movement of stable coins into #Bitcoin, which has been another driving force behind its rise above $30,000.
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#BTC did take a retest back to the zone as major support level. Expecting this area to hodl the price and sustain above $30,000. Weekly Candle, already going above the Weekly resis area, need a closing too 📈
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Those Who Don't know about "#UTXO Realized Price Distribution"
Here's the one for You
Keep Learning and Keep Sharing Our Channel with the Related Once 📈🚀
What is #UTXO Realized Price Distribution ?
The #UTXO Realized Price Distribution is a chart that provides insight into the price at which each unit of a #cryptocurrency has been transacted since it was last moved on the blockchain. The chart #maps the number of units of the cryptocurrency that were transacted at different #price ranges.
The #UTXO Realized Price Distribution is based on the Unspent Transaction Output (#UTXO) model, which is used by many cryptocurrencies, including Bitcoin. In this model, each transaction #output is considered as an unspent output, which can be spent in future transactions.
The #UTXO Realized Price Distribution chart can help investors and analysts understand the behavior of cryptocurrency #hodlers and traders. For example, it can reveal whether investors are holding on to their cryptocurrency during #market downturns or selling it off, and at what prices. It can also help to identify #support and #resistance levels in the market.
#ETH didn't gave any retest from the resistance and did gave a massive breakout of the zone and reaching out the next resistance area. Well, we can see some pull-back now, because that jump is too aggressive. The next major resistance is at $2320 - $2405.
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#BTC rejected the bottom range of the major resistance zone and gave a breakout above it. There's a minor Daily candle close, so better wait for the today's Daily Closing too. Moreover, now $31,700 is the next potential resistance to reach out
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#VIDT/BTC breakout falling wedge retested successfully. Getting ready for the beast ride 🚀🚀
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#VIDT/BTC BUY/LONG CALL
Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀
Targets: 144-185-245-300 satoshi
Stop if 1D closes below 115 satoshi
Interesting 👀
The week preceding the #Shanghai upgrade, an additional 2381 validators joined the Exit queue, bringing the total to 3579.
This is equivalent to 114,528 #ETH withdrawn (0.6% of total stake). However, only 57,600 #ETH will be released per day as the queue regulates exit amounts.
#BTC stayed inside the the major resistance area, making small moves down. Price did tried to breakout of the zone of with the #CPI news, eventually Rejected. Currently, nothing to do here about, until price decides to breakout of the major level or if price breaks below $29,600 then we've clean candles to move lower.
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Here is an analysis of #XRP:
Price gets a strong rejection from the resistance zone. The big wick above the resistance zone is showing liquidations and stop loss hunting. The local support zone is $0.479-$0.493 zone and if the price is unable to hold this then we see a dump toward the $0.42 level.
What Is a Cryptocurrency Whitepaper?
A #whitepaper summarizes, in a single document, the important information related to a #blockchain or cryptocurrency project. It’s a popular way of explaining how a certain project works and what problems it’s aiming to solve.
Generally, a whitepaper is a report or guide that informs its readers about a specific topic or issue. For example, developers can create a whitepaper about their #software to educate users on what they are building and why.
In the blockchain space, a whitepaper is a #document that helps outline the main features and technical specifications of a specific cryptocurrency or blockchain project. Although many whitepapers are focused on a coin or token, they can also be based on different types of #projects, such as a decentralized finance (#DeFi) platform or a play-to-earn game.
A whitepaper may provide an overview of essential #data in the form of #statistics and #diagrams. Also, a whitepaper could explain the #governing structure of the project, who’s working on it, and the current and #future development plans (i.e., their #roadmap).
Why Whitepaper's are important ?
Whitepapers are important for the crypto #ecosystem. Even though there are no standards for creating them, whitepapers have become a #framework for researching crypto projects. It's a general recommendation to start crypto #research by reading the project's whitepaper. Users can use whitepapers to identify potential red #flags or promising projects. In addition, they enable users to monitor if a project is sticking to its original plans and #goals.
Read Bitcoin Whitepaper and Ethereum Whitepaper
#ETH rejected from the structural resistance area as Daily candle didn't gave any closing that way. The reason why i emphasize on Candle Closing (Specially Daily). Currently, price is on a minor support and expected to reach strong support level $1825 - $1836.
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Binance Will Support the BNB Smart Chain (BEP20) Network Upgrade & Hard Fork
https://www.binance.com/en/support/announcement/9b7455b2427c4968ba678dcced80ceec
Here's the analysis of #FIL :
#FIL showing some positive and Bullish signs over the market. Price sustaining above the major support level and broke out of the downtrend resistance line. Currently, price flipped above the 4H zone around $5.90 - $5.97. Well, this might be a retest for the next push up. Expecting a push till $6.40 and higher.
#ETH respected the support zone and strongly rejected the area from the level. Price again reached the structural resistance around $1910 - $1920. Its seems like a breakout but there's a rejection wick to the left. So, waiting for the Daily candle to close above those high and then we can see continuation push till $1999 and $2020, which is the major resistance area.
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Price did gave a break above the resistance area but ended up being rejected. Moreover, daily candle also rejected too and shifted the structure bearish. Expecting a short-term pullback and incase of candle flips above it then you can look for buys
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Here's the analysis of the #BNB :
#BNB broke out of the small channel pattern and tapped out the major resistance area of $333 - $337. Price nearly goes once and rejected again. Still the bullish market structure is maintained throughout the move. As of now, its a no trade zone, better you should wait for the breakout of the resistance
Despite #Bitcoin's almost 100% increase in price since then, 6% of the total #Bitcoin supply was last transacted at the $16K level. This suggests that those who purchased #Bitcoin at that level are hodling onto their investments and have no plans to sell in the near future, making them the buyers of last Obstacle.
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Exactly $31,000 Kissed 📈🚀
Let's see how far it can go 👀
Here's the analysis of #FTM :
#FTM reached up the strong resistance zone of $0.512 - $0.521 after being in a huge consolidation range. Looking for a strong rejection for shorts on the strong resistance. Alternatively, we might have to wait a flip above the zone for fresh long opportunity.
#VIDT holding horizontal support here we can see good spike anytime from this zone 🚀
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#VIDT/USDT BUY/LONG CALL
Lying above strong support. RSI is showing a bullish divergence. EMA'S are acting as solid support. Stochastic is giving a buying signal. Expecting a big upward move from here.
Targets: $0.04415-0.05975-0.07275-0.08955
Stop if 1D close below $0.03401
#ETH just did a massive breakout if the structural resistance area. Well, there's many more fundamental changes and News around it to make it so. Currently, price nearly reached out the major level nearby $2000. A rejection/ short-term pullback is expected with that area.
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https://www.binance.com/en/support/announcement/a03bc67df117414cbfedf016f6611f9e
Updates on Binance ETH 2.0 Staking Withdrawals | Binance Support
Hello everyone, the next official Kucoin Mega Bull Call will be scheduled for :
- Date: Wednesday , April 19th
- Time: 16:00 GMT
- Exchange: Kucoin.com
After hours of discussion with our team, we have decided to schedule our next Kucoin Mega Bull Call in 7 days to make sure that we are fully prepared. Our main goal for this call will be to make sure that every single member in our group makes a massive profit just like they did with our previous big calls which made a peak of 800%-1000% and remained in the "Top Gainers" for over 24+ hours on Kucoin.
With the support of our giant market whales and In combination with a lot of Discord groups and Telegram groups we have more reach than ever before! we are confident to say that this call in particular will have the highest % gain ever achieved in the history of our group, and We believe that with our massive buying power we will be able to reach over 1000%+ easily possibly even more. We want to always hit our target to allow members the most room for profit and we surely will. No prebuying and no prepump will ensure our peaks are incredibly high with little resistance.
We have 7 days to prepare for this massive call, This gives users more time to join us and allows for a wider selection of potential coins. Truly this may be one of our greatest call ever. See everyone this Wednesday at 16:00 gmt. We have also put together a small guide on how to trade our Mega Bull Call effectively on Kucoin to make sure all our members are well prepared : https://telegra.ph/How-to-Trade-KuCoin-Mega-Bull-Call-09-20
Stay tuned | Happy trading 😊
#TRX did gave a breakout of the resistance line, which was a the potential buys, but ended being a fakeout now. Currently, price flipped below the major resistance zone and expected to move lower, if 4H candles gave some sort of rejection.
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We already updated on Weekly TF for #Bitcoin and LTF looking similar now. Price already entered the major resistance zone and kinda volume is been exhausted. Retracement might come from here back till $28,600 and $28,900.
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The Largest Depositors ( Greater then 500+ Validators) are experiencing heavy losses near about $4.7B, despite of this Booming Market.
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#BITCOIN WEEKLY UPDATE :
SO, the urge of #Bitcoin is reached and hits out the $30,000 mark. Well, HTF always wins. Now, we've to wait for the Weekly Candle close, either it breaks and close above the zone or rejects the area. Keep an eye on closing part 👀