Here's the Analysis of #NOT :
#NOT broke off the falling wedge pattern and bounced off from the support zone of $0.0086 - $0.0096. Currently, price is going through the consolidation range, and need to see a breakout before going into any sort of buys or sells.
Notably, the STH Sell-Side Risk has contracted to historic lows, with only 274 out of 5083 trading days (5%) recording a lower value. This suggests that a degree of equilibrium has been established during this price consolidation, and alludes to heightened volatility expectations in the near future.
Читать полностью…#BTC maintained the bullishness and gave a weekly closing above the $65,000 even sustaining over it. Price already gave the retest and expected to potentially move tot he upside and the next are would be the $69,700 to be broken.
Читать полностью…Here's the Analysis of #DEXE :
#DEXE is moving up within the channel pattern, and forming the Head & Shoulder Pattern, which is a reversal pattern. Still, it below the major resistance area so its risky at the point. It good to wait for the break and close of the resistance area.
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, continues to push above and trying to close above too. With that, price gave a closing above of the $66,300 level, which is very good for the market. Next week might come with a retracement.
What Is a SHO (Strong Holder Offering)?
A strong holder offering (SHO) is a fundraising mechanism where eligible investors are chosen based on their on-chain activities and other proprietary data sets. Notably, a Strong Holder Offering enables a project to attract funding from individuals who are holders of a given cryptocurrency. An SHO model targets public investments and is a product of DAO Maker, which heavily uses it to help launch new projects in the crypto space.
An SHO can be open to people who have held a competitor coin for six months or to active liquidity providers on a decentralized exchange (DEX). In addition, an SHO may focus on individuals with a transactional volume of more than $5 million in the last month.
The framework generally benefits not only a crypto project but also investors who have “strong hands,” or those who can hold on to a coin for extended periods of time. DAO Maker incentivizes investors with strong hands by choosing them as participants of an SHO while also offering them protection.
However, the crowdfunding model also allows participants to seek refunds should they want to withdraw support since DAO Maker’s update on the offering. SHO has already been renamed to refundable Strong Holder Offering (rSHO). Note that the right to a refund expires if the value of the token issued by a project during the initial Strong Holder Offering increases and holds at 400% for 120 days.
Furthermore, DAO Maker subjects a project to a series of tests before opening the door to an SHO. In doing so, only a few startups can offer the service in 12 months, which means that only projects that can stick to their roadmap would dare to apply, consequently discouraging scammers and low-quality startups.
#EDU perfectly moved into the resistance zone from the support and now rejecting it. Call gave a 16.5% in profits and now price stuck in a consolidation range. Just book the profits and hodl the trade and scale-in after the breakout.
Читать полностью…Here's the Analysis of #ALGO :
#ALGO is been moving with in the large channel pattern and hit the major resistance area of $0.157 - $0.160. Price is still not looking good as its still inside pattern and below resistance. Need to wait for the price flip over the zone and take the buys.
After months of range-bound prices, volatility has decreased across multiple timeframes. Our new tool detects periods of volatility contraction by analyzing 30-day changes in Realized Volatility across six time windows. A signal is triggered when all windows show negative change, indicating compressed volatility and potentially preceding increased market activity.
Читать полностью…#BTC still with-in the structure just moved internally printed a lower low. A lot of liquidity resting lower so we might see some sort of liquidity garb lower before moving up.
Читать полностью…What is URPD (UTXO Realized Price Distribution) ?
#URPD stands for UTXO Realized Price Distribution, to analyze the distribution of Bitcoin's realized prices based on the age of the UTXOs (Unspent Transaction Outputs) or in other words #UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created (i.e. each bar shows the amount of existing bitcoins that last moved within that specified price bucket). The price specified on the x-axis refers to the lower bound of that bucket.
The UTXO Realized Price Distribution helps to understand the average cost basis of Bitcoin holders based on when they acquired their coins. It divides the UTXOs into different age groups, such as those acquired within the last 30 days, 90 days, 180 days, and so on, and calculates the average price at which those coins were last moved.
This metric provides insights into the behavior of long-term holders (HODLers) and short-term traders. It allows analysts to determine the levels at which different cohorts of Bitcoin holders may be willing to sell their coins, as well as the potential price levels at which they acquired their holdings.
By analyzing the URPD, one can gain a deeper understanding of the distribution of Bitcoin's realized prices across various time frames and identify potential price points where significant buying or selling pressure may emerge.
#ICP made a closing over the $8 and made a strong push with the market movement. Price made a high of $10.46, which is 23% in profits and its time to book some and hodl the rest.
Читать полностью…Here's the Analysis of #AAVE :
#AAVE moving within a consoldiation and in a retracement phrase. Price can retracement up to $93 and expected to move towards the resistance area of $111.
#TOTAL MARKETCAP UPDATE :
#TOTAL MARKETCAP pumped strongly and made a flip of resistance, and a close above will give the signs of bullishness. The next key area will be $2.56T where, cap can drive too.
Here's the Analysis of #VET :
#VET trading from level to level between major support at $0.022 and major resistance area of $0.033 - $0.034. Price already rejecting the zone and have to wait for clear indication.
What Is a Side Channel Attack?
A side channel attack is a hacking method that exploits a computer’s inherent “tells" that unintentionally convey information. These attacks take advantage of the seemingly harmless physical outputs of computers. For instance, an algorithm may be able to tell what kind of information has passed through a hard drive by measuring the sound of the hardware at work. The principle is similar to a bank robber listening to ticks in a safe as they turn a coded dial. However, these “ticks” don’t need to be based on sound.
Every computer is vulnerable to giving up clues in its operations. They give off sounds, light signatures and other telling signs that can all be used to communicate what is happening. In the world of cryptocurrency, these kinds of attacks could be used to discern when a private key is being put into a hardware wallet as it could radiate a higher signal.
Side channel attacks use information like timing, sound, power levels and more to begin breaking down the information and deducing key variables. The attacks can be used by hackers to glean almost any type of information if it is not sufficiently protected. This can be devastating to even the most encrypted networks that don’t account for what happens beyond the electronic ones and zeros that execute operations.
#US30 UPDATE :
#US30 failed to give a retest but continued to print a new All-Time High. Indice is now on its a retesting the support and expected to move up. It might go little lower and can take the opportunity LTF.
#DXY UPDATE :
#DXY still making the Bearish Market Structure but gave a break below too. It might be a fakeout and next week will turn to be a bearish, but structure is bearish, so with Monday Market Open, track the movement and play with direction.
#ETH UPDATE :
#ETH broke out of the consolidation and moved up with the retest of it. Price retesting the major resistance now and $3530. Eyes on the Daily Candle closure as it will decide on the rejection or a breakout and lead the direction.
We can also assess market volatility by measuring the percent range between the highest and lowest price ticks over the last 60-days. By this metric, volatility continues to compress to levels rarely seen, but usually after lengthy consolidations, and prior to large market moves.
Читать полностью…#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, goes opposite of the prediction and now trending higher high. Price already broke the $65,000 level and hodling too. Minor retracement can come in between but looks like we're ready for a up-move now with a small manipulation.
What Is a Shielded Address?
With the recent trends in cryptocurrencies and blockchain technology, there is more interest than ever in methods of performing secure transactions. This interest has led to an increased demand for alternative methods of making financial transactions that are both secure and anonymous. One such alternative method is known as a shielded transaction that uses a shielded address to make payments.
A shielded transaction is a type of transaction that utilizes a cryptographic technique known as "mixing" in order to anonymize the sender's address and the receiver's address. It works by creating a new address specifically for the transaction and then sending the funds from the original sender address to this newly generated address while at the same time sending equivalent funds from another newly generated address back to the receiver's original address. These two new addresses are generated by a mixer service that operates outside of the blockchain and are only used once for each transaction. This makes it impossible to determine where exactly a particular transaction originated or ended up, thus providing anonymity for both senders and receivers. Since only these two unique addresses are used, no one can tell who owns them or where their funds came from or went to.
Zcash - The Best Implementation of Shielded Transactions
Zcash is the first cryptocurrency to implement zero-knowledge proofs and the first "miner-friendly" proof of work coin with no founders’ reward.
Zcash transactions are published on a public blockchain, but the sender, recipient, and amount of the transaction remain private. This is accomplished by using a zero-knowledge proof construction called zk-SNARK.
Benefits of Shielded Transaction
The shielded transaction is a way to have greater fungibility in the blockchain by allowing its users to send funds without revealing their transacting partners, amounts sent, or even the transaction history. This is done by creating a new address for each transaction which can only be spent using the recipient's private key.
The reason for this is twofold:
1.) For some use cases, such as international payments, or purchases where you want to obscure your spending habits from others, it is beneficial to not tie your transactions together on the blockchain.
2.) Because Zcash transactions are not fully transparent, the amount of data that can be gathered from the blockchain is limited. This will make it more difficult for outside observers to determine how much total money is being put into specific use cases, like gambling sites.
#BETA still respecting the support zone of and dropped perfectly. Price rejecting both side, and now attempting to close below of the zone. A clean range is lower can move there, after the close below.
Читать полностью…Here's the Analysis of #MATIC :
#MATIC is been, flipped below the support zone turning it into a resistance area of $0.52 - $0.53. Price broke the trendline, and can do a potential drop with a retest. For a good setup, wait for the Daily Candle Closure.
Here's a shortened version:
URPD shows a large supply node between $60k and ATH, aligning with STH cost basis. 2.63M BTC (13.4% of supply) is in the $60k-$70k range. Small price changes can significantly affect coin profitability and portfolios. This suggests many investors may be sensitive to drops below $60k.
#BTC didn't moved alot and just made a minor retracement and still maintaining the bullish market structure. Nothing much, Weekend is near we a massive move is expected today.
Читать полностью…we can use the widely used Mayer Multiple metric, which assesses the ratio between price and its 200DMA. The 200DMA is often used as a simple indicator for assessing bullish or bearish momentum, making any breaks above or below a key market pivot point.
Читать полностью…#BTC respected the market structure point and again backed up into the resistance area. Still, not able to break the level but need to break of the resistance area now. Its good to see price is trading above $65,000, so we can expected further push later on.
Читать полностью…