#ARPA/BTC is on very strong horizontal support here✌️
We’ve seen atleast 20% jump from this range so Get in now if you want to earn some quick bucks💸💸
https://x.com/arpaofficial/status/1854192185161429334?s=46
#ARPA team giving us hint for something big coming next week ✍🏻
Monster green candle for #ARPA is inevitable ✅
Don’t sleep on it😊
#ARPA looks a perfect buy here
RSI looks oversold on higher timeframe
Lying on historical weekly support
Looks ready for a takeoff anytime
Targets: $0.055-0.065-0.08-0.1$
1 hour left🚀
Get ready for a strong news based SPOT & FUTURES call at 4PM GMT today!
Exchange: Binance & MEXC
Stay tuned for a strong news based SPOT & FUTURES call at 4PM GMT today!
The market is on fire after trump’s win Bullish momentum is clearly seen on the charts and altcoins are about to explode
This is the momentum we’ve been waiting for so don’t miss out!
Exchange: Binance & MEXC
#BTC had a flip over the resistance area and going to have a moon shot to the upside and printed a new All Time High.
Читать полностью…#ETH dropped hard back tot he support zone and given a close below of the very strong trendline. Price likely to turn this move into a fakeout and expected to move potentially higher.
Читать полностью…#BTC gave a new lower low and trying to gain some strength now. Price again nearly to the resistance point and by NY open we can expect strong volatility. Better stay away and look for further price action to develop and clarity of the market.
Читать полностью…What Is a Ticker?
If you've ever watched a financial news channel, you will have undoubtedly seen the endless scroll of stocks and commodities rolling past at dizzying speed at the bottom of the screen.
Tickers help traders keep on top of the latest price information — and they also have a place in the cryptocurrency sector.
These tools offer an at-a-glance insight into how a cryptocurrency has been fluctuating during intraday trading.
The information provided includes the symbol, which is the abbreviated name for the cryptocurrency. For example, Bitcoin would become BTC and Ether would be renamed as ETH.
Also included is the latest quoted price for the asset in question, alongside a figure that shows how much the coin has gone up or down in cash and percentage terms. To make it even easier to understand, text is colored green if the cryptocurrency has posted gains, and red if it has clocked up a loss.
#US30 UPDATE :
#US30 didn't reached from the range but news made it further lower. Now, price broke the minor support and expected to move further lower 41600 area. Look at the price action in #LTF for confirmation and stuff as we're at all time highs with no key level.
Here's the Analysis of #STROJ :
#STROJ is been trending lower and bouncing off from the trendline. Currently, price is price nearly at its minor support zones and expected to reach a key area around $0.31 or had a flip of $0.50 for buys.
Bitcoin futures trading shows an interesting trend. While traders paid $120M weekly to maintain bullish positions during March's peak, this has dropped to just $15.3M now, showing less speculation during sideways markets. However, recent payments have risen above normal levels, suggesting renewed trading interest.
Читать полностью…#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, played very well as per the analysis and we reached nearly to towards the All-Time high levels. Price had a quick liquidity sweep of the old highs and rejected all the way down. This was mainly happened due to the Elections polls. Although we already said, with play wild with these quick moves.
What is #MVRV-Z Score ?
MVRV Z-Score is a bitcoin chart that uses blockchain analysis to identify periods where Bitcoin is extremely over or undervalued relative to its 'fair value'.
It uses three metrics:
1. Market Value (black line): The current price of Bitcoin multiplied by the number of coins in circulation. This is like market cap in traditional markets i.e. share price multiplied by number of shares.
2. Realised Value (blue line): Rather than taking the current price of Bitcoin, Realised Value takes the price of each Bitcoin when it was last moved i.e. the last time it was sent from one wallet to another wallet. It then adds up all those individual prices and takes an average of them. It then multiplies that average price by the total number of coins in circulation.
In doing so, it strips out the short term market sentiment that we have within the Market Value metric. It can therefore be seen as a more 'true' long term measure of Bitcoin value which Market Value moves above and below depending on the market sentiment at the time.
3. Z-score (orange line): A standard deviation test that pulls out the extremes in the data between market value and realised value.
How It Can Be Used
The MVRV Z-score has historically been very effective in identifying periods where market value is moving unusually high above realised value. These periods are highlighted by the z-score (orange line) entering the pink box and indicates the top of market cycles. It has been able to pick the market high of each cycle to within two weeks.
It also shows when market value is far below realised value, highlighted by z-score entering the green box. Buying Bitcoin during these periods has historically produced outsized returns.
Bitcoin Price Prediction Using This Tool
MVRV Z-Score bitcoin chart is useful for predicting Bitcoin price at the extremes of market conditions. It is able to forecast where Bitcoin price may need to pull back when MVRV Z-score enters the upper red band, and also when $BTC price may rally after spending time in the lower green band.
Historically it has picked major Bitcoin price highs to within 2 weeks.
If you Missed the 80% #ARPA pump after our call last time
Well, guess what – here’s your second chance to ride the wave and earn quick profit🚀✌️
#ARPA/USDT lying on uptrendline support on 1D timeframe, Big jump is expected from this level anytime soon🚀✌️
Buy on MEXC: https://www.mexc.com/exchange/ARPA_USDT
Buy on Binance: https://www.binance.com/en/trade/ARPA_USDT
Short term targets: 10%-30%-50%
Net capital inflows into the Bitcoin asset have also accelerated, increasing by $21.8B (+3.3%) over the last 30 days. This has resulted in the Realized Cap ticking up to a new ATH, reaching over $646B.
This suggests that liquidity across the asset class is rising, and meaningful capital inflows support the price increase.
#STORJ failed to hit the mentioned area and #BTC moved ATH in between. price respected the Trendline, trying to break the structure and move towards the Major resistance. A flip will confirm the Bullish move.
Читать полностью…Bitcoin's price has broken through two important technical levels that traders watch closely - the 200-day and 111-day moving averages. But the most interesting signal comes from the 365-day moving average (yearly average), which often marks major market turning points. We saw this recently on August 5th during the yen-related market stress, where this yearly average acted as a strong price floor. Since then, it has continued to serve as the bottom boundary of the current upward trend.
Читать полностью…Here's the Analysis of #OP :
#OP dropped hard after going though the small channel pattern and moved very correctively. Now, its expected to reach out the support zone of $1.15 - $1.21. There's small room for short but take it accordingly but buys are favorable.
Bitcoin's price has risen to $69,000 this week, now just 6.8% below its all-time high of $73,000 from March. This recovery is encouraging for investors after seven months of flat, volatile trading. When comparing this price drop to previous market cycles, it looks more like the milder dips of the 2021 bull market rather than the severe drops seen in 2019 and 2022 bear markets.
Читать полностью…#BTC Weekly closing is not very good as its left with a very huge wick, making it a pin bar candlestick/ Shooting star candlestick pattern at a very crucial level. Price took all the liquidity up and now we can move lower to more liquidation. We've a ton of Fundamental event, so volatility will be higher than expected. Key area will be around $66,000 level.
Читать полностью…What are Testnets ?
A testnet, short for "test network," is a separate blockchain network used by developers to test and experiment with new features, upgrades, and applications without risking real assets or transactions. It serves as a sandbox environment for blockchain projects to ensure the stability, security, and functionality of their software before deploying it on the live mainnet.
Here are some key characteristics and functions of testnets:
1. Isolation: Testnets are isolated from the mainnet, meaning they run on a different blockchain with its own tokens or assets that have no real-world value. This isolation allows developers to conduct experiments without affecting the actual cryptocurrency network.
2. Simulation: Testnets simulate the conditions of the mainnet, including transaction processing, smart contract execution, and consensus mechanisms. This allows developers to identify and address any bugs, vulnerabilities, or inefficiencies in their code.
3. Free Tokens: Testnet tokens, often referred to as "faucet" tokens, are freely available to users and developers. These tokens can be used for testing purposes, such as sending transactions, deploying smart contracts, or interacting with decentralized applications (DApps).
4. Public and Private: There are both public and private testnets. Public testnets are open for anyone to use and are ideal for testing the broad functionality of a blockchain project. Private testnets are restricted to a specific group or organization and are often used for more confidential or specialized testing.
5. Version Compatibility: Developers use testnets to ensure that new versions of blockchain software are compatible with existing versions. This compatibility testing prevents network disruptions and forks when upgrades are deployed on the mainnet.
6. Community Feedback: Testnets provide an opportunity for developers to gather feedback from the community, identify potential issues, and make improvements based on real-world testing.
7. Smart Contract Development: Testnets are particularly crucial for smart contract development. They allow developers to verify that their smart contracts perform as intended and are secure before deploying them on the mainnet.
8. Rapid Iteration: Since testnets are not constrained by the same rules as mainnets, developers can rapidly iterate and experiment with various features, configurations, and applications to refine their blockchain project.
#DXY UPDATE :
#DXY had a very little move where global market played very well but with the Friday closing, we have a sharp move up and strong crash in market. Now Daily TF had a fakeout and Weekly had a rejection. We can expect this continue to happen and expected to hit towards the 104.87% - 105.18%.
Here's the Analysis of #IMX :
#IMX is been reached the a key/Major support zone of $1.04 - $1.06 and price falling too hard to better stay away from it. We're already into the Bull Market, so this can been area to buy in part till $0.52.
Short-Term Holders (people who bought recently) can be measured by seeing if they have paper profits or losses. We use the MVRV ratio to compare current market value to what they paid. New investors are doing better now than in early August, when the yen trades caused a drop. The ratio is now above its 90-day average, which is a good sign.
Читать полностью…