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Contact for any queries @Steffendude
Here's the Analysis of #LUNA :
#LUNA rejected hard from the major resistance area of $0.55 - $0.56 and retracing back to the support zones around $0.36 and expected to reach out the strong support zone of $0.28 - $0.31. Price stuck in a range and need to see some sort of breakout now.
Bitcoin has historically reacted strongly to US presidential elections:
2016 (Trump win):
Before: Price up 35%, Investment up 20%
After: Price up 125%, Investment up 56%
2020 (Biden win):
Before: Price up 35%, Investment up 17%
After: Price up 307%, Investment up 196%
2024 (Current):
Before: Price up 10%, Investment up 13%
After so far: Price up 28%, Investment up 2%
While Bitcoin is still growing this election cycle, the gains are smaller than in previous elections. This might be because investors are waiting to see how future crypto policies will develop.
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, looks very bullish and getting a small wick to the top. Price closing anyways looks good as minor retracement has to come along. Altcoins ight dip hard, so buy the dip.
Bitcoin ETFs in the US have been very popular, bringing in lots of money similar to when they first launched. However, investors have recently pulled some money out, possibly due to uncertainty around the upcoming US election. Despite this, Bitcoin's new all-time high price might attract new investors back to these ETFs.
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RWA coins are SURGING🚀
#ONDO and #OM are blasting off – it's ONLY a matter of time before #LTO joins the party🎯
Grab it before your future self kicks you for missing out!💸
#LTO/USDT looks a perfect buy here
Lying on weekly S/R level and accumulation going on from past few weeks above support zone
Stochastic RSI is flashing a HUGE bullish signal!
Looks ready for a takeoff anytime from here🚀✌️
Targets: $0.15- 0.175- 0.2- 0.26
30 minutes left untill massive news based SPOT call 🚀✌️
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BTC has found solid ground at EMA25 on 4h and trading above 91k$, the calm before the storm is here, and Alts are setting the stage for a powerful move so we're going to share a strong news based SPOT call at 12AM GMT TODAY
This call is unlike other calls—packed with breaking news and trending hype so be ready to act fast for insane gains today🚀
Exchange: Binance & MEXC
#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, pumped harder the hit the $93,000 mark. Price build up a fresh support and resistance, likely to be in a consolidation range. Looking for breakout now by Monday Market Open.
Upcoming signal has been postponed for tomorrow.
Thank you for your understanding
happy trading. Stay tuned!
What Is Tokenized Identity?
Tokenized Identity, otherwise known as blockchain-based identity, is a subset of digital identity that leverages blockchain technology to verify and authenticate identities.
This involves verifying identity information and issuing a token that contains no personal or sensitive information. Identities are managed through tokens, and these tokens allow users to participate securely in Web3.
Tokenized identity refers to the representation of an identity as a digital token on a blockchain, enabling seamless, interoperable identity verification across platforms and applications.
A dApp would use tokenized identity to allow users to securely prove their identity or ownership of a specific credential without repeatedly sharing personal data, enhancing both security and user experience.
Tokenized identity is different from ZK technology, specifically zero knowledge proofs (ZKPs), which may be used to validate specific attributes of a user’s identity without revealing sensitive personal information when queried. ZKPs may function outside a blockchain, whereas tokenized identity relies on a blockchain to secure the token. Tokenized identity does not have the computational burden that ZKPs have.
#BETA moved 17.4% in profit from the support and now its back into zone again. Price tightly stuck into the consolidation and until breakout you can trade the range or scalp.
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Here's the Analysis of #RLC :
#RLC moved into the consolidation range between the resistance at $1.79 - $1.88 and support at $1.29 - $1.29. Price action is ranging to do the range buys and sells and wait for the breakout which will aggressively push the market.
The Bitcoin market saw a massive $3.1 billion in realized profits during the March 2024 price peak. As the market absorbed this surge of profit-taking over the following 7 months, both realized profits and losses settled towards a more balanced state.
This indicates a resetting of the underlying supply and demand dynamics in the market.
However, signs are now emerging that profit-taking is starting to increase again. This could signal a new wave of demand entering the Bitcoin market, as investors look to capitalize on the recent price appreciation.
#BTC had a very quick breakout of the zone and touched $93,000 mark. With that, price dumped hard and broke the structural support. Overall we're strongly bullish so we can expect new highs sooner. In extreme we can have $86,400 support.
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#LTO had a strong jumped and nearly got into the 1st target making around 18% in profits. Secure some right here and hold the rest into further targets.
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#DXY UPDATE :
#DXY gained it strength which impacted the GOLD and currencies market but in crypto market saw the strong rally up. Now again index flipped the resistance and retested the zone as support and next week we might see some more dip in other market and crypto market too.
Here's the Analysis of #ALT :
#ALT is going though consolidation range and bouncing/ Rejecting off from the $0.097 - $0.10 and $0.13 - $0.14. Buys looks good on the retracement back to the $0.10.
BIG THINGS COMING FOR #LTO🚀
The team is dropping hints about the massive #RWA season ahead
Everything is lining up for an explosive pump Don’t sleep on this, the time to buy is NOW
Tweet link: https://x.com/TheLTONetwork/status/1857754740916105287
RWA sector is set to soar this bullrun with giants like BlackRock backing #RWA projects.
#LTO is the most UNDERVALUED #RWA GEM on Binance right now and is on the brink of a breakout just like #PEPE & #DOGE
Do whatever you want to do with this information🚀✌️
Buying #LTO/USDT here✌️
#LTO is moving inside a descending parallel channel and is on the verge of a breakout
We can anticipate a surge that could fuel a strong rally🚀
Buy on MEXC: https://www.mexc.com/exchange/LTO_USDT
Buy on Binance: https://www.binance.com/en/trade/LTO_USDT
Short term targets: 10%-30%-50%
1 hour left🚀
Get ready for a strong news based SPOT call at 12AM GMT today!
Exchange: Binance & MEXC
#ENA played out perfectly and moved 85.5% in profits breaking all the in between resistances areas. Price now getting a pullback and likely to move further higher towards the previous highs made. Buys look good at $0.50
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Here's the Analysis of #BOME :
#BOME is been stuck between the consolidation range and now rejecting from the resistance area of $0.010 - $0.011. Well, price looks like going to drop a little and need to wait for the breakout of the zone. Take the long or short as per the breakout and ride the move.
BTC has found solid ground at EMA25 on 4h, The calm before the storm is here, and Alts are setting the stage for a powerful move so we're going to share a strong news based call at 4PM GMT TODAY
This call is unlike other calls—packed with breaking news and trending hype so be ready to act fast for insane gains today🚀
Exchange: Binance & MEXC
Bitcoin's current profit-taking volume has risen to $635M per day, which is significant but still moderate compared to previous bull market peaks. While this increase shows healthy market activity, it's nowhere near the extreme profit-taking levels we saw during past euphoric phases. This suggests there's still room for growth before reaching the kind of excessive profit-taking typically seen at market tops.
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#BTC nearly goes to the extreme and floating over the support zone as mentioned. Price a have a dip down towards the support and take a huge surge in price. Its back into a consolidation so have to wait for the price to break.
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What is token issuance?
Token issuance is one of the most important processes in the world of blockchain technology and cryptocurrencies. Essentially, token issuance is the process of creating new tokens that are then added to the total supply of the cryptocurrency.
Depending on the blockchain and cryptocurrency, token issuance may take different forms. Usually, token issuance is regulated by complex algorithmic calculations that determine the amount of tokens necessary for the blockchain ecosystem to function properly. The total supply of tokens for each cryptocurrency is different. The amount of tokens comprising the total supply is also calculated through complex algorithmic functions.
It is important that blockchain-based projects and cryptocurrencies, in general, detail how the process of token issuance works for their specific system. As there are numerous consensus mechanisms out there, different crypto blockchains have various setups when it comes to token issuance.
For example, the Bitcoin whitepaper details that there can only ever be 21 million Bitcoin tokens. Consequently, Bitcoin issuance will cease once this threshold of 21 million tokens is reached. Other cryptocurrencies have opted not to have a maximum supply limit. Regardless of the style and type of cryptocurrency, token issuance is one of the most important processes, and it has to be described in detail.
Going back to consensus mechanisms, some cryptocurrencies also utilize a process called token burning. This is the complete opposite of token issuance, as tokens are effectively destroyed forever. Some consensus mechanisms rely on a combination of token issuance and token burning to ensure there is agreement across the network of nodes.
Token issuance may also refer to the process of tokenization, in which an asset outside of the cryptocurrency ecosystem is added to the blockchain via a specific crypto token. In such cases, token issuance becomes the process of creating a token, yet not one that belongs to a cryptocurrency, but rather a token that represents an outside asset.
In the world of cryptocurrency, token issuance is very important. The rules governing token issuance on different projects help investors determine whether they want to invest in the project or not. Additionally, these rules can also have an impact on the valuation of cryptocurrencies. More often than not, cryptocurrencies that have a fixed maximum supply experience price hikes when the blockchain is close to reaching this maximum supply limit.
#IMX continued its move and moving back and forth the drawn zone. Price again back to the zone, we can scale in here targeting next resistance.
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Here's the Analysis of #JUP :
#JUP is broke out of the consolidation range and now have rejection from the support zone around $1.05 - $1.09. Price already breaking from the major support zone so, we can expect the up move from here. Take the setup and manage the risk.