#ZRX reached the perfect level which was anticipated (Major Support). Price tested and Major Level and now reacting for it. I hope you got into buys and trail Stops with moving price. Market structure is still bearish, so keep the lots small.
Читать полностью…#BTC pushing as per the plan and kinda slow now, price now reached the Resistance Formed on Daily and will act as the obstacle for it. Therefore, price is still expected to reach the major resistance and continue the range. Monthly, closing already done and its constitutive bullish for 5 months now, so eyes on weekly closing now.
Читать полностью…Don’t miss this chance to get #CVIP here 🚀
XT.com is going to launch #CVIP tomorrow at 13:00 UTC and guess what❓ They have set the opening price on XT exchange at 0.1$ That means you can still grab #CVIP at a bargain price
#CVIP have Partnership with Binance listed project #NULS and #DGB
Also they indicated regarding 10% supply burn and Tier1 #Cex listing on the way👍
Plus, #CVIP has many exciting collaboration’s coming up it will surely skyrocket in future 🚀
Buy and Hold for massive profits:
PANCAKESWAP - https://pancakeswap.finance/swap?outputCurrency=0xe5a46bf898ce7583b612e5d168073ff773d7857e
MEXC - https://www.mexc.com/exchange/CVIP_USDT
a heightened level of resilience can be noted across our current cycle, with corrections from the local high remaining relatively shallow. The largest drawdown thus far has been -20.1% set in August 2023.
This insight becomes increasingly pronounced when we count the proportion of days which traded at a deeper correction by comparison:
🟠 Genesis to 2011: 164-of-294 days (55.7%)
🔴 2011 to 2013: 352-of-741 days (47.5%)
🔵 2015 to 2017: 222-of-1066 days (20.8%)
🟢 2018 to 2021: 514-of-1056 days (48.7%)
#BTC goes with the 2nd scenario, tries to push from the structural level but dropped back to wards the major support zone. Now, price is anticipated to push higher and move back to up the structural resistance zone and major resistance zone too around $45,000.
Читать полностью…Benefits vs Risk in LSD
Benefits of Liquid Staking Derivatives
The benefits of liquid staking derivatives are numerous. For one, they offer users greater flexibility and liquidity than traditional staking, allowing them to participate in other DeFi applications concurrently. Liquid staking derivatives also make staking more accessible to a wider range of users, as they eliminate the need for technical know-how and minimize the barriers to entry. Additionally, they can potentially increase the value of staked assets, as the derivatives themselves may have value on secondary markets.
Risks of Liquid Staking Derivatives
While liquid staking derivatives offer many advantages, they also come with their own set of risks. One of the most significant risks is the potential for smart contract bugs or security breaches, which could lead to the loss of staked assets or derivatives.
Additionally, there is the risk of impermanent loss when providing liquidity to such pools, as the value of the derivatives may fluctuate relative to the underlying assets. As with any DeFi investment, it's important to conduct due diligence and carefully consider the risks before investing in liquid staking derivatives.
#SUPER gave a break above of the resistance but daily ended being a rejection. Now, expected a clear move down till Strong Support Zone of $0.49 - $0.51. Shorts can be taken with the retest of the structural resistance.
Читать полностью…Notice of Removal of Spot Trading Pairs - 2024-02-02
https://www.binance.com/en/support/announcement/b003f46ecdf44015b84fbe4128193085
Tier1 exchange announcement is also in pipeline as per #CVIP official tweet.
They have set the opening price on XT exchange at 0.1$
That means you can still grab #Cvip at a bargain price
Plus, #CVIP has many exciting collaboration’s coming up it will surely skyrocket in future 🚀
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
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#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…🚀 Countdown Alert! Less than 4 hours until CVIP Launches on XT.com! 🌐💫
Get ready for liftoff as CVIP sets sail on XT.com! 🚀✨
🚀 Listing Price: $0.10
Check out the full information on XT's official announcement : https://xtsupport.zendesk.com/hc/en-us/articles/28171801752729-XT-COM-Announcement-on-Launching-CVIP-CVIP
🔥 Don't miss out on the excitement! Secure your spot in the CVIP journey – it's about to get epic!
Here's the Analysis of #JTO :
#JTO is been selling off from the major resistance zone of $2.78 - $83 and reach a strong flip level (Blue Zone) of $1.81 - $1.85. Wait for the daily candle to close before entering any setups. Shorts only after a H4 candle giving a break and close below. Price broke the trendline too, so a break below for shorting will high probable.
What Is a Liquidity Bootstrapping Pool (LBP)?
Liquidity bootstrapping pools (LBPs) are also known as configurable rights pools or smart pools. A smart pool essentially is a contract that manages a core pool that contains tokens to be used on an exchange. Unlike other shared pools, smart pool controllers have the power to change the specifications of the pool in limited ways. Hence, a smart pool is less trustless than a shared pool but at the same time, does not require the entire trust of a private pool.
The main inspiration behind an LBP is the ability to launch tokens with low capital requirements. To achieve this, a two-token pool is set up with a project and a collateral token. The weights are then set in favor of the project token (at first). Over time, a gradual flip occurs where the collateral coin is favored by the end of the token sale. Controllers can calibrate the sale to keep the price relatively stable to maximize revenue or can decline the price to the desired minimum (e.g. the initial coin offering price).
Another unique configuration of LBPs is the ability to pause swapping whenever needed. A pool controller may want to do this for a variety of reasons such as strong, unexpected demand driving up the token price or people selling tokens back to the pool for profit instead of buying them. When there is no incentive for a whale to profit from a “rug pull” or a similar technique that leads to instant price volatility, this allows for more fluid price discovery for the token. Despite the power to disable swapping, it’s quite rare since the pool operator is incentivized to leave swapping fully enabled as the main goal of a token sale is to sell tokens.
To use a hypothetical scenario, say a new project wants to hold a token sale while at the same time, build deep liquidity. They can do this by enabling a custom weight/ratio and also the ability to set a fee charged by the pool. This is ideal for distributing new tokens since the LBP controller only needs to provide the new tokens and a small portion of a second asset (e.g. DAI) to start the pool and initiate distribution. Since the parameters are set in a way that releases tokens slowly with changing weights, whales are forced to split their trades into separate, small traders over a longer period of time. Thus, making it easier for everyone else to get in during the course of the sale.
In some cases, whales may decide to wait until the very end of an LBP to buy large positions which then causes the price to pump quickly. However, due to the restrictions of the LBP, a rug pull event is near impossible, hence protecting the value of the token after the pump as the token price initially increases but continues to trickle downwards over time. This process continues until all tokens are sold and the token is evenly distributed effectively.
LBPs are a great solution for those who want to get tokens into the hands of a user base without the limitations of a rapidly increasing price curve. LBP represents the future of fundraising for small projects struggling with liquidity. Unless people buy the tokens faster than the price decreases, then it’s an efficient way to ensure maximum distribution.
#RLC made a break below of the support zone and the small uptrend channel too. Price gave a break and retest of the resistance and dropped a bit. Well, price is again up there for shorting, take it accordingly, with minor risk.
Читать полностью…Here's the Analysis of #FET :
FET is been moving between the Major Support Zone of $0.56 -$0.60 and Major Resistance Zone of $0.71 - $0.75. Well, price is moving in a very corrective manner and expected a bounce from here but Market structure on Daily and H4 TF moving bearish, so better wait for the buys.
#TOTAL MARKET CAP UPDATE :
Total MarketCap moved a anticipated, Index dipped down into the support zone and rejected it strongly, also, Made a quick flip above the structural resistance zone now. Currently, a retest happening and need to see it hodling above the zone then a min-term rally in the market. In case of Daily again closing below then a short correction will hit the market again.
#BTC Hourly TF View :
#bitcoin made a push lower and tapped into structural support zone, where price is reacting off. As per the Daily TF, we still have the range to move up but there're possibility that price can move into the major support zone before reaching up, this is because H4 structure seems to be slight bearish.
Here's the Analysis of #RLC :
#RLC is been rejecting off from the Major Resistance Zone of $2.61 - $2.68 but market still maintaining the bullish market structure. Price travelling inside the uptrend channel pattern and building a small triangle formation inside it. Breakout will lead in push in price but need to see a breakout over the major resistance before any buys and sells only after break below of the trend channel pattern.
🚀 Exciting News! 🚀
XT.com will officially list $CVIP on February 2nd at 13:00 UTC. Grab your seats for the ride – the opening price on XT exchange is set $0.10! 🚀
Check out the full information on XT's official announcement : https://xtsupport.zendesk.com/hc/en-us/articles/28171801752729-XT-COM-Announcement-on-Launching-CVIP-CVIP
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…