What is Crypto Faucet ?
A crypto #faucet is a website or application that rewards users with small amounts of #cryptocurrency for completing certain tasks or activities. It is called a "#faucet" because it operates similarly to a tap or faucet that releases small amounts of water.
In the context of #cryptocurrency, a faucet typically dispenses small fractions of a cryptocurrency token, such as #Bitcoin or #Ethereum, to users. These tokens are usually given away for #free and serve as a way to introduce new users to the world of cryptocurrencies. The tasks or activities required to earn the #rewards can vary and may include #watching advertisements, #completing surveys, #playing games, or #solving captchas.
Crypto faucets are often used as a promotional #tool by cryptocurrency projects to increase awareness, drive user engagement, and distribute #tokens to a wider #audience. While the rewards from crypto faucets are typically small, they can #accumulate over time, especially if users consistently engage with multiple faucets.
#WAVES given a break below and could be seeking for a potential retest back tot eh zone as resistance area around $1.825 - $1.861. Well, you can look for short-sells over there with confirmation.
Читать полностью…Here's the analysis of #DOT :
#DOT is been moving in a Consolidation range over the major support zone of $5.130 - $5.180. The top of the range will act at strong resistance area around $5.45 - $5.50. Nothing, can be done here, until breakout happens, or you cn trade the range, so potential buys after candle close above $5.27.
#AGIX Gave a solid rejection, from the major resistance area. If you took the entry then you'll be 6-7% in profits. Expecting the price to continue push lower, and a retest back will be potential sell Opportunities.
Читать полностью…#BTC retraced a bit and the bottom of the range is acting as the resistance area nearly $26,500. Price forming a new range over here, between the support and resistance. As mentioned earlier, expecting a wick-fill before any move to happen or a breakout need to be seen
Читать полностью…#TVK Jumped from our daily support level and achieved our 1st target of 133 Satoshi. Price nearly goes towards the 2nd target and made a high of 152 Satoshi, which is 28.8% in profits. It time to secure some partials now.
Читать полностью…3 days left for the biggest Kucoin Mega Bull Call in the history!! A group of the largest whales in crypto (we’re talking wallets holding over 1,000 BTC) have joined our team for this Kucoin Mega Bull Call, and we’re ready to send it higher than any other big pump seen before!!
Read pinned post | Stay tuned.
#SOL drops sharply and goes around 6.8% in our favor. Price made a strong and large wick to the down side, which shows aggressive buyers. Currently, a retest is happening at the resistance area (Red Box), where, price can print a fresh Lower Low.
Читать полностью…Here's the Analysis of #WAVES :
#WAVES is been rejected today from the major resistance zone of $2.05 - $2.10 and is been testing the local support area. Well, if this is the end of the trend then we can see a drop till strong support zone around $1.82 - $1.86. Price action doesn't seems good, so better wait for the opportunity.
This phenomena is also reflected across #LTH (Long-Term Holder) Supply (coins held > 155-days), which is at a new #ATH of 14.46M #BTC. This reflects coins acquired immediately after the #FTX failure maturing into LTH status.
Читать полностью…#BTC didn't able to give any closing above and rejected sharply from there. The consolidation range continues and will reach back to support zone around $26,570. Still no sign of breakout, let's wait for it.
Читать полностью…Here's the analysis of #SOL :
#SOL flipped below the strong area of $19.90 - $20.00 and now act as the strong resistance area, where price can sell off. Alternatively, anticipating longs in case price flip the level and structure too, shift will be at $20.20
#TKO/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: $0.3295-0.4575-0.6895-0.8045
Stop if 1D close below $0.2600
What is #MVRV Ratio ?
The #MVRV (Market Value to Realized Value) score is a metric used to assess the #valuation of a cryptocurrency by comparing its market value to its realized value. The #MVRV score helps to gauge whether a cryptocurrency is overvalued or undervalued based on its #historical price movement.
The market value of a #cryptocurrency refers to its current price multiplied by the total supply of #coins in circulation. On the other hand, the realized value takes into account the price at which each coin last moved on the #blockchain, essentially measuring the average price at which investors acquired their holdings.
So what does that Indicate ?
#MVRV Values > 3.5 has generally served as a strong signal for late stage #bull cycles, and heightened probability of heavy #distribution or simple indicate a potential Market Top.
#MVRV Vales < 1.0: indicates that a large cross-section of the #supply is near break-even, or held at a loss. These low values have typically provided strong signal of market capitulation and late stage #bear accumulations or Simply Indicate the Market Bottom.
The recent downward movement of -14.6% from the recent peak of $30.9K to the current price of $26.4K has resulted in 2.71M BTC being in a loss position, which accounts for approximately 14% of the total circulating supply.
As a result, the total supply in a loss position has increased from 3.96M BTC to 6.67M BTC during this period, representing a significant 68.4% rise.
#BTC get back inside the range after being consolidated from long below the resistance and made a tiny range again. Well, this can be fakeout and can be a potential upwards push till resistance area around $27,350.On Hourly TTF, we're already a at resistance area, so a breakout above $26,800 can push price till resistance zone.
Читать полностью…#TKO in #BTC also performed the same and nearly achieved the 1st targets. Price made a high of 1200 Satoshi, which is 11.7% in profits. I hope you're securing some with the market movement.
Читать полностью…What is #a-MVRV Score ?
The #aMVRV (Adjusted Market Value to Realized Value) score is a variant of the #MVRV (Market Value to Realized Value) score, which is used to analyze the valuation of a cryptocurrency. The #aMVRV score takes into account additional factors to provide a more nuanced #assessment of the market sentiment.
While the #MVRV score compares the current market value of a cryptocurrency to its realized value, the #aMVRV score adjusts the realized value based on certain market conditions or variables. These adjustments can include factors like market #cycles, #volatility, or #specific timeframes.
By incorporating these adjustments, the #aMVRV score aims to provide a more accurate reflection of the market sentiment and the #potential risks or opportunities associated with a cryptocurrency. It helps to #account for various market dynamics and can assist in identifying #overvalued or #undervalued conditions more effectively.
The #aMVRV score is often used by analysts and #traders to gain insights into market trends, assess potential price movements, and make informed investment decisions. It is a useful tool in understanding the relative #valuation of a cryptocurrency and gauging market #sentiment beyond a simple comparison of market value and realized value.
After a significant withdrawal of #Bitcoin during the #FTX implosion, Miners (excluding #Patoshi and early #unlabelled Miners) have Expanded their balance sheet by acquiring an additional +8,200 #BTC, bringing their total holdings to 78,500 #BTC.
Читать полностью…#TVK in #USDT pair performed the same and made a high of $0.409, which is 27.1% in profits. I hope you're enjoying our free signals.
Читать полностью…Here's the Analysis of #AGIX :
#AGIX is been jumped back testing the strong resistance area around $0.296 - $0.303. Price looking bearish in Daily TF, so Right Now, its better to wait for the price to either reject or give a breakout of the zone on Daily TF.
#ARB flipped below the Major support zone, which turned to be a major resistance now. Price already retested and fell lower, but similar thing is anticipated to happen and push till support area around $1.05. Below that, we've clean range to left too.
Читать полностью…#Bitcoin gave a break below of the consolidation range and gave a strong rejection from the strong support zone of $25,900 - $26,050. Its a have liquidity wick, so might gonna see a wick fill soon. Price will remain bearish below $26,500 zone.
Читать полностью…🛎New Signal announcement!
Hello everyone, we're thrilled to share that our next Kucoin Mega Bull call is coming up soon! Here are the details:
🗓 Date: Sunday, May 28
⏰ Time: 17:00 GMT
🏦 Exchange: Kucoin
💰 Cost: Free for all
🚀 Target: 500%-1000% gains
We've been working hard behind the scenes to secure support from new whales. 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! and we are ready to unveil our next big pump signal on Kucoin.
We expect our upcoming signal to be massive as our whales going to make multiple waves during call and heavy buying after our members to make our peak maximum and last longer. We are doing this signal on KUCOIN for multiple reasons. 1st of all, we believe that with our massive buying power we will be able to reach 500%-1000% easily possibly even more. 2nd of all, Kucoin doesn't require KYC meaning you can make an account there without verifying your identity and get past any restrictions other exchanges could have. Finally, there is very little hidden sell pressure in the orderbooks. Our main goal for this signal will be to make sure that every single member in our group makes a massive profit. With our ability to keep creating the most powerful and biggest signals , we will take every opportunity we can get. We welcome everyone to join us as we create the next big event all traders and investors all over the world have been waiting for.
We have 4 days to prepare for this massive Kucoin Mega Bull Call, Look for us to make a strong comeback with upcoming Mega Bull Call. Truly this may be one of our greatest call ever. See everyone this Sunday at 17:00 gmt.
Stay tuned | Happy trading 😊
#SOL Sell-off from there as anticipated, Not is a very good Profits, but if you opened the short-sells positions then BE the stops as price reached the structural support area around, even though it broke through it but still there's an rejection area, so be careful.
Читать полностью…Notice of Removal of Trading Pairs - 2023-05-26
https://www.binance.com/en/support/announcement/d2c3ba4339604af2855bfe950d1ceaa4
#TKO/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: 1203-1475-1798-2050 satoshi
Stop if 1D closes below 962 satoshi
Currently, the #aMVRV is recording a value of 1.09, suggesting just 9% unrealized #profit remains within in the market. This is coincident with what were historically oversold levels in both the 2018, 2019 and March 2020 cycle lows.
Читать полностью…