I’m loading #CVIP here for amazing returns in short term as it looks prime for big jump🚀 You guys can buy it from #Pancakeswap and #MEXC at current market price.
XT.com is set to list #CVIP on February 2nd, with a listing price of $0.10 as per an official announcement from XT.com : https://xtsupport.zendesk.com/hc/en-us/articles/28171801752729-XT-COM-Announcement-on-Launching-CVIP-CVIP
This project has huge potential as they are creating Blockchain based Games and developing DeFi platform with the support of some of the most influential players in the crypto industry like Co-Founder of Digibyte, #Binance listed project #NULS is also endorsing their project.
Tier1 exchange announcement is also in pipeline as per their official tweet, which means this will surely skyrocket in the next few weeks.
Pancakeswap buy link: https://pancakeswap.finance/swap?outputCurrency=0xe5a46bf898ce7583b612e5d168073ff773d7857e
MEXC buy link : https://www.mexc.com/exchange/CVIP_USDT
Hello everyone! 🌟
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Date&Time of 5x-10x GEM SIGNAL: 4pm GMT, Today
🌐 Exchange: PancakeSwap
Stay tuned. Happy trading! 😊
#STH-#NUPL has crossed above 0.25 for the first time since the Nov-2021 #ATH.
This suggests both a degree of optimistic market sentiment is creeping in for #ETH but is also a level where markets tend to take a pause and digest profit taking distribution pressure. Historically, this type of sentiment shift for short-term holders has coincided with local peaks during a macro uptrend.
#Bitcoin kept on going as anticipated, price did made a retest back to the major support area and pushing higher. The key area will remain the same for reaching out and also there was a large consolidation on chart looking left, so we can still expect the same, with these 2 zones.
Читать полностью…What Are Liquid Staking Derivatives?
Liquid Staking Derivatives (LSDs) are financial instruments that represent staked tokens in a DeFi protocol. They allow users to access the liquidity of their staked assets, which can then be used in other DeFi applications. In other words, LSDs enable users to enjoy the benefits of staking while also retaining the flexibility to utilize their assets elsewhere in the DeFi ecosystem.
How Does Liquid Staking Work?
When a user stakes their tokens in a staking protocol, they typically receive an equivalent amount of staking tokens that represent their staked assets (for example stETH or rETH). These derivatives can then be traded, lent or used as collateral in other DeFi applications, giving users more freedom to maximize the utility of their assets. When users wish to unstake, they can simply redeem their derivatives to receive the original tokens plus any staking rewards they've earned (depending on the conditions of the protocol).
Liquid Staking vs Regular Staking
Traditional staking usually involves locking up tokens for a predetermined period, during which users cannot access their assets. This lack of liquidity can be a hindrance for some, as they are unable to capitalize on other DeFi opportunities in the meantime.
Liquid staking, on the other hand, eliminates this limitation by providing users with a tokenized representation of their staked assets. These derivatives grant users the flexibility to participate in various DeFi applications while still benefiting from staking rewards.
#BTC.D did gave a close above of the zone, and #BTC also sitting on the crucial level of $42,000. In case, index start pushing from here and #BTC remains the same, then bleeding in alts may start again. Currently, there's an open room for the movement after the retest, so better prepare for it.
Читать полностью…Here's the Analysis of #ZRX :
#ZRX gave a break of the major level of $0.30 - $0.31 and off the large downtrend channel too. Price rejected from the Resistance Area (Grey Box) around $0.38 -$0.39. Well, right now, price is middle of the nowhere, so its better to wait for the price to reach key levels. Alternatively, a retest of the downtrend channel would be great setup to buy continuations.
ICP did gave a break below of the zone but on Daily TF, its was a clean rejection candle. Price retested the zone as support and created a bullish market structure. Moreover, it boke the downtrend resistance line showing buyer confidence. Buys setup will come from the support zone of $11.80 - $12.2, so have an eye on it.
Читать полностью…#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, did as expected. Price drove all the way down towards the support zone nearby $38,000 level and getting rejected from the level. Now, its tike to see the price if its break through the resistance zone of $42,000 and need a weekly closing above it. Also, worth of noting that, it will form a consolidation range, in case weekly then we should look for a weekly breakout, which might take bit longer.
#APY vs #APR: What’s the Difference?
#APY, or annual percentage yield, incorporates interest compounded quarterly, monthly, weekly, or daily, while APR, or annual percentage rate, doesn’t. This simple distinction can make a significant difference to the calculations for returns over a period of time. It is therefore important to understand how these two metrics are calculated and what it means for the returns that you can earn on your digital funds.
#APR
#APR stands for annual percentage rate. This is the simpler of the two terms. In simple terms, the Annual percentage rate is the interest a lender is bound to earn on their money. Also, the borrower pays for the interest over one year.
#APY
#APY stands for Annual Percentage Yield. Unlike in the #APR model, where you get a fixed amount after every year, which is decided upon by the initial principal amount itself, in the annual percentage yield, you will receive some interest every month.
#SUPER has broken out of the small downtrend channel and is currently heading towards the major resistance zone. Traders may want to consider a potential setup for short positions near the resistance zone. Keep a close eye on the price action for confirmation and adjust your strategy accordingly.
Читать полностью…Here is the analysis of #MULTI:
The price broke the falling wedge pattern but encountered significant rejection at the resistance area. Currently retracing after the pump, there's a possibility of sideways movement near the $2.10-$2.25 support zone. This could present an opportunity for considering new long positions.
#CHZ has broken out of the triangle pattern and the major resistance area with substantial volume. If you're holding long positions, consider moving your stops to the breakeven point. There's a potential for a move towards the $0.123-$0.132 resistance zone in the coming days, and this zone could be an opportunity for profit booking.
Читать полностью…#BTC doesn't made a move al all and price did moved aggressively as predicated as breakout was not healthy. Price made a small range after the tiny break and on daily TF, look like price trying having a pullback back inside the major resistance. Need to see a strong breakout either side.
Читать полностью…#ETH approaches the support area and encounters strong buying pressure in this zone. Consider establishing long positions near the support area. There is a possibility that the price may trend towards the formidable resistance zone around $2400. Keep a close eye on the market dynamics for potential opportunities.
Читать полностью…What's is #NUPL (Net Unrealized Profit/Loss) ?
NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine whether the network as a whole is currently in a state of profit or loss. Net Unrealized Profit and Loss (#NUPL) is the difference between market cap and realized cap divided by market cap.
Assuming that the latest #coin movement is the result of a purchase, #NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.
It could be interpreted as the #ratio of investors who are in profit.
To make it Simpler for you, Any Values over '0' indicate investors are in #profit and an increasing trend in value means more #investors are beginning to be in #profit.
This phase indicates the increasing reason to take #profit which leads to an increase in sell pressure.
#SUPER made a breakout over the Resistance zone and gave a shallow closing above it. Well, we already saw a fakeout looking left, so have to wait for the Daily candle sustaining over it by a close. Buy setups can come with the retest of the zone.
Читать полностью…Here's the Analysis of #CHR :
#CHR is been strongly rejecting off the Major Resistance Zone of $0.28 - $0.29 and kinda stuck in a range. The bottom of the zone will act support zone (Blue Box) of $0.21 - $0.22 and need to see a breakout of the zone either side. Nothing much can be done here, but shorting have enough range to take it with a retest above $0.27 will be good enough.
Profits taking has increased taken since mid-October, the peak on 13-Jan reached over $900M/day, aligned with investors capitalising on the 'sell-the-news' momentum.
Читать полностью…#BTC gave a daily closing above the Major Resistance Level but its a shallow one. Price did able to sustain above the zone and now looks like a retest is going on back to the level. Now, price has the open room for next resistance up at $44,000 - $45,000, where $43,200 will act as an strcutural resistance.
Читать полностью…We can see that #Bitcoin has generally been increasingly dominant over the past few years. Since the #FTX Collapse in November 2022, #BTC has increased its market cap dominance from 38.9% to 49.8%.
On the other hand, #ETH has maintained its market cap dominance, ranging from 18.9% to 18.2%. It is mainly Altcoins that have lost market share in the crypto markets with their market cap dominance dropping from 28.3% to 24.2%, while Stablecoins have also decreased their share from 13.9% to 7.8%.
#CHZ had a clean breakout of the zone and made a retest back to the zone at the strong support area. Price gave a quick reaction of 8% in favor and currently, on the way for a retest towards the zone again. Now, the range has been expanded, so same buys can be taken along in anticipation of new higher High.
Читать полностью…Here's the Analysis of #TRX :
#TRX is been flipped above the zone and kinda rejected off from the Major Resistance zone of $0.11 - $0.12. Price already retraced from the zone and again backed up. Well, Price formed a new Range, where a breakout will lead in the direction of the price. The range is pretty good for scalp, so take it accordingly, for a good swing, better wait for the breakout.
#Ethereum Short-Term Holder sentiment indicator, as reported by Glassnode, has made a significant shift to optimism for the first time since Nov-2021.
Читать полностью…#BTC experienced a breakout from the narrow trading range but faced rejection at the $42,000 resistance zone. If the price fails to surpass this level, a retracement back to the $40,000 zone is likely. It's advisable to set stop losses in all open positions to manage risk effectively.
Читать полностью…What is Snapshot ?
Traditionally, the term snapshot refers to the ability to record the state of a computer system or storage device at a specific point in time. In cryptocurrencies, a snapshot is often describing the act of recording the state of a blockchain on a particular block height. In this case, the snapshot records the contents of the entire blockchain ledger, which includes all existing addresses and their associated data (transactions, fees, balance, metadata, and so on).
Snapshots are commonly used during airdrops events before each round takes place. During an airdrop, tokens are distributed based on the balance of each blockchain address. In this case, snapshots are taken to record the balance of each token holder, at a specific point in time (i.e., block height). In most cases, users can move their funds after the snapshot is taken, without compromising their eligibility to participate in that round of distribution.
Snapshots are also important during blockchain hard forks, as they mark the block height in which the main chain will be recorded before giving birth to the new chain. For instance, when the Bitcoin Cash hard fork took place (on August 1st, 2017), every blockchain address that had Bitcoins at block 478,558, had the balance copied on the Bitcoin Cash blockchain. The reason for that is because both blockchains share the same historical data prior to the fork. As soon as the split is done, each blockchain network will operate independently.
According to #Glassnode, a number of long-term holders cut their losses two days ago, sending more than $430 million in Bitcoin to the exchange on January 22.
Recently, short-term and long-term hodlers have stopped taking profits, but switched to cutting losses.
Here is the analysis of #SUPER:
The price is currently fluctuating within the support and resistance zones. There is a possibility of a movement towards the support zone, presenting an opportunity for new entries in that area. Note that a small downtrend line acts as a resistance area, and a downtrend channel is observed on lower time frames. The overall structure is bearish until we see a test of the support zones.
Keep a close eye on the price dynamics, especially around the support and resistance zones, for potential market setups.
#BTC created the low around $38,550, nearly reaching the area of support. Still anticipated price to reach either end of the zone (a clean retest or tap in into support). Daily TF, build up a support where, retest are high probable, also price travelling inside the downtrend channel pattern and breakout of that and resistance would be considered as bullish.
Читать полностью…