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SOLANA Moment of Truth:Will the Rally Roar or Correction Clouds Gather
Stablecoin issuer Circle takes a significant step by introducing its EURC stablecoin directly on the Solana blockchain.Users now have access to more economical Euro transactions, circumventing the high "gas" fees associated with Ethereum.The 4-hour chart of the SOL/USD pair reveals a notable development – a breakthrough above a key bearish trend line with resistance around $76.00.According to Coingabbar Price Analysis,Solana initiates a new upward trend starting from the $67.00 zone against the US Dollar.Similar to Bitcoin, Solana's price maintains a position above $76.00 against the US Dollar, setting the stage for potential strength.SOL could witness substantial growth if it successfully surpasses the $80.00 resistance level.The lower trendline of the wedge pattern serves as a safety net during the ongoing robust recovery.Anticipation builds for a bullish breakout from the wedge pattern, intensifying buying interest from the market. SOL experienced a notable 15% upswing on December 18th, triggered by a reversal from the lower trendline, reaching the current trading price of $77.00.The main query persists: Will Solana successfully breach the $80 hurdle, or is there a possibility of a downturn once again?
KEY LEVELS :
RESISTANCE LEVEL : $80.00-$83.00
SUPPORT LEVEL : $75.00-$72.00
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#crypto2023 #dyor #DYOR🟢 #BinanceWish #BullRunPredictions $SOL
KEY LEVELS :
RESISTANCE LEVEL : $80.00-$83.00
SUPPORT LEVEL : $75.00-$72.00
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#crypto2023 #dyor #DYOR🟢 #BinanceWish #BullRunPredictions $SOL
LIVERiggedFish
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XRP Explodes With 1,300% Surge In Trading Volume As crypto Exchanges Jump On Board
In a long-awaited decision, Judge Torres ruled in favor of #XRP in their case against the U.S. Securities and Exchange Commission (#SEC ) yesterday. The verdict is a positive development for the #cryptocurrency industry, particularly with a focus on whether digital assets should be deemed securities in the US.The ruling is expected to set a precedent for the industry moving forward. It is positive for both altcoins and the wider industry, as the default expectation is that these assets are not deemed securities so long as they are made available to the public. This event will likely have wider implications for ongoing legal cases and may help rebuild confidence in the industry for developers and attract more liquidity to the ecosystem.$XRP Defies Expectations With Massive Price Surge And Trading Volume SpikeFollowing the #news , $XRP saw a surge in price, reaching as high as $0.93, the highest price since May 2021, and closing at $0.82. According to data compiled by the research company CCData, the news led to an influx of trading activity, with XRP trading pairs on centralized exchanges (CEX) recording a total volume of $6.05 billion on the day, an increase of 1351% from the previous day.The relisting of the asset on other centralized exchanges, including Coinbase, Kraken, and Gemini has also contributed to the spike in volumes. The news surrounding the ruling also led to almost 100% daily gains for XRP, with other tokens such as Solana ($SOL ) and Cardano ($ADA), recently deemed securities, seeing significant gains of 35% and 28%, respectively.Despite the negative backdrop that XRP has faced due to the lawsuit, its market depth liquidity at the 1% level has remained resilient year-to-date (YTD). XRP’s 1% bid/ask side depth at Yearly Open was 26.5 million XRP, which saw a variance of 0.41% throughout the year and remained strong at 25.1 million XRP on the 12th of July. Derivatives Data Shows Positive SentimentAccording to the report, Derivatives data indicate that XRP’s positive funding rate remained steady over the past few days, in line with the wider positive market sentiment. The lawsuit news generated a significant rise in speculative interest on the bid side, with a $280 million increase in Open Interest, from $635 million to a high of $913 million across exchanges. Moreover, funding rates reached over 0.03% across exchanges, over three times higher than its baseline level of under 0.01% before the announcement.On the other hand, the funding rate history of XRP shows that speculators trading perpetual contracts have been favoring the upside, with minimal time spent this year in negative funding rate territory. This underscores the positive sentiment of traders for XRP, which was recently rewarded with a large price rise due to the announcement. While it remains to be seen whether XRP will maintain its extremely positive funding rate, it is currently a good standard for gauging positive sentiment within altcoins, given the attention and volume it is generating.Considering the lawsuit’s success, the implications for the market are overwhelmingly positive, and the ruling provides clarity that did not exist before the judgment. According to CCData, the market could see a few trends emerge, such as coins deemed securities recovering well and potentially outperforming and the potential for #bitcoin dominance to drop as an overall percent of market cap, given renewed optimism in altcoins.Despite the recent surge in positive sentiment and renewed investor confidence, XRP has experienced a significant price drop. After coming close to reaching the $1 mark, which it has not seen since November 2021, XRP is currently trading at $0.7002, marking a decrease of over 11% in the last 24 hours.
Billions of dollars ready to pour into cryptocurrency! 💵
How do you know you're on the cusp of growth❓
You can look at the charts, or you can pay attention to the tabloids:
No big deal, just - the usual investment company AllianceBernstein with only some $646 billion in assets announced that bitcoin will reach $150,000 in 2025.
The same company that has its own research department, Bernstein Research (they can afford it), recently announced that the first bitcoin spot ETF will be accepted by the SEC in January 2024, which is the 10th of January
The patient will be rewarded!
This is how information propaganda works: at the dawn of growth, we are already being flooded with positivity from all sides, preparing the ground for a confident launch of a rocket called "bitcoin"
At times like this, you realize that those behind this news will now find it extremely profitable to push the market as high as possible 📈 in the very near future!
#BullRun2024 #BullRunPrep #BullRunPredictions #BinanceSquareTalks #tothemoon
How do you know you're on the cusp of growth❓
You can look at the charts, or you can pay attention to the tabloids:
No big deal, just - the usual investment company AllianceBernstein with only some $646 billion in assets announced that bitcoin will reach $150,000 in 2025.
The same company that has its own research department, Bernstein Research (they can afford it), recently announced that the first bitcoin spot ETF will be accepted by the SEC in January 2024, which is the 10th of January
The patient will be rewarded!
This is how information propaganda works: at the dawn of growth, we are already being flooded with positivity from all sides, preparing the ground for a confident launch of a rocket called "bitcoin"
At times like this, you realize that those behind this news will now find it extremely profitable to push the market as high as possible 📈 in the very near future!
#BullRun2024 #BullRunPrep #BullRunPredictions #BinanceSquareTalks #tothemoon
During My First Bull run, I Went From $1k To $130k
Then I fell to $8k.
After that, I made a set of rules that I use daily.
From $8k, I grew to $300k+ in the bear market.
Knowing these 15 rules meant 1000X earlier
1/➮ Always ask urself when looking atur portfolio: would I buy this coin now from market?
If answer is no - then why are u holding it?
I fell by 15 times because I held many alts, being stingy to sell.
Moreover, I'dn't buy any alt from market if I wasn't already holding it...
2/➮ Understand the trigger points for pump/dump of token:
Never hold a coin thoughtlessly if u bought it expecting something.
If the expectations are not met, go back to the first question. If the answer is no, sell it.
3/➮ Don't invest absolutely all your money in crypto:
If you do this, you:
a) don't understand the value of money and relate to it simply as a score in a game
b) won't be able to control risks, as the amount is too critical for you.
Result: REKT.
4/➮ Locking tokens for a long period/too high APY is more a reason not to stake than to stake:
Not a single alt grows in the long term compared to ETH; long lock period = REKT.
As for APY, just remember Luna, and understanding will return...
5/➮ Enter on expectations of news, and when it has already occurred - sell, not buy:
Coins grow on expectations, not on news.
As soon as the news is released - sell, but don't buy after news, as those who bought on expectations will already be in profit, and u - will be late.
6/➮ Be skeptical about insides, and never trust it 100%:
99% of insides are spread by projects themselves to fck you.
And if u fall into the 1%, if they reach you in public, then they're more likely to be outsides than insides, so they won't pay off either...
7/➮ Fact-checking is crucial.
Just recall the recent situation with the fake news about an ETF from Cointelegraph.
To make a fortune from this, or at least not to lose one, you just had to check whether the news was fake or not...
8/➮ Don't refresh your balance every 5 minutes:
By doing so, you're not only wasting time, but you'll also make impulsive, nerve-driven decisions.
Make decisions regarding each of ur position/asset, and once it's made - write it down and stick to the plan.
9/➮ Strive to anticipate narratives, not chase them.
The biggest profits will be made by those who successfully predict not only direction of market but also the narrative.
Analyze on-chain data, fund investments, past experiences, and anticipate narratives to earn big.
10/➮ Don't miss out on narratives when they've already started; look for opportunities to profit from them:
If u didn't buy certain sector before its growth started - no problem, earn afterwards.
The main thing is to learn how it works from inside, as soon as it starts.
11/➮ Don't invest in old tokens, new bull run - new alts:
New coins've potential to grow dozens of times more than old ones that have already peaked.
The chance that $SOL will give x100 on the new bull run is 0%, but some new blockchain - definitely.
12/➮ Don't fall in love with a project:
Often, after buying a bag of a certain token, I'd get more involved and increasingly fond of it, leading me to overlook its flaws and focus only on the positives.
This blind faith typically ended in loss, "Always think critically."
13/➮ Don't treat your market profits like a roulette win:
When taking profits, consider them as honestly earned money, not something that came quickly and should be rapidly multiplied or lost.
Continue to grow your capital with a cool head.
14/➮ Choose a specific focus:
In crypto, there are many activities, and trying to engage in all of them simultaneously is impossible and leads to losses due to a lack of depth.
Choose one direction and become a professional in it, while occasionally aping in other areas.
15/➮ "Stay alert for scams in web3 – everyone's out to get you, especially during a bull run.
Use burner wallets, always verify domains, stick to official sources, diversify your portfolio, and never keep all your funds in one spot.
Keep your crypto game tight and secure.
#BinanceTournament #BTC #BullRunPredictions
After that, I made a set of rules that I use daily.
From $8k, I grew to $300k+ in the bear market.
Knowing these 15 rules meant 1000X earlier
1/➮ Always ask urself when looking atur portfolio: would I buy this coin now from market?
If answer is no - then why are u holding it?
I fell by 15 times because I held many alts, being stingy to sell.
Moreover, I'dn't buy any alt from market if I wasn't already holding it...
2/➮ Understand the trigger points for pump/dump of token:
Never hold a coin thoughtlessly if u bought it expecting something.
If the expectations are not met, go back to the first question. If the answer is no, sell it.
3/➮ Don't invest absolutely all your money in crypto:
If you do this, you:
a) don't understand the value of money and relate to it simply as a score in a game
b) won't be able to control risks, as the amount is too critical for you.
Result: REKT.
4/➮ Locking tokens for a long period/too high APY is more a reason not to stake than to stake:
Not a single alt grows in the long term compared to ETH; long lock period = REKT.
As for APY, just remember Luna, and understanding will return...
5/➮ Enter on expectations of news, and when it has already occurred - sell, not buy:
Coins grow on expectations, not on news.
As soon as the news is released - sell, but don't buy after news, as those who bought on expectations will already be in profit, and u - will be late.
6/➮ Be skeptical about insides, and never trust it 100%:
99% of insides are spread by projects themselves to fck you.
And if u fall into the 1%, if they reach you in public, then they're more likely to be outsides than insides, so they won't pay off either...
7/➮ Fact-checking is crucial.
Just recall the recent situation with the fake news about an ETF from Cointelegraph.
To make a fortune from this, or at least not to lose one, you just had to check whether the news was fake or not...
8/➮ Don't refresh your balance every 5 minutes:
By doing so, you're not only wasting time, but you'll also make impulsive, nerve-driven decisions.
Make decisions regarding each of ur position/asset, and once it's made - write it down and stick to the plan.
9/➮ Strive to anticipate narratives, not chase them.
The biggest profits will be made by those who successfully predict not only direction of market but also the narrative.
Analyze on-chain data, fund investments, past experiences, and anticipate narratives to earn big.
10/➮ Don't miss out on narratives when they've already started; look for opportunities to profit from them:
If u didn't buy certain sector before its growth started - no problem, earn afterwards.
The main thing is to learn how it works from inside, as soon as it starts.
11/➮ Don't invest in old tokens, new bull run - new alts:
New coins've potential to grow dozens of times more than old ones that have already peaked.
The chance that $SOL will give x100 on the new bull run is 0%, but some new blockchain - definitely.
12/➮ Don't fall in love with a project:
Often, after buying a bag of a certain token, I'd get more involved and increasingly fond of it, leading me to overlook its flaws and focus only on the positives.
This blind faith typically ended in loss, "Always think critically."
13/➮ Don't treat your market profits like a roulette win:
When taking profits, consider them as honestly earned money, not something that came quickly and should be rapidly multiplied or lost.
Continue to grow your capital with a cool head.
14/➮ Choose a specific focus:
In crypto, there are many activities, and trying to engage in all of them simultaneously is impossible and leads to losses due to a lack of depth.
Choose one direction and become a professional in it, while occasionally aping in other areas.
15/➮ "Stay alert for scams in web3 – everyone's out to get you, especially during a bull run.
Use burner wallets, always verify domains, stick to official sources, diversify your portfolio, and never keep all your funds in one spot.
Keep your crypto game tight and secure.
#BinanceTournament #BTC #BullRunPredictions
Bull run predictions
$BTC $146,000
$ETH $11,300
$SOL L $720
$LINK $390
#0x0 $4.5
$PAAL $7
$ATOR $112
#BullRunPredictions #universalcryptoworld
$BTC $146,000
$ETH $11,300
$SOL L $720
$LINK $390
#0x0 $4.5
$PAAL $7
$ATOR $112
#BullRunPredictions #universalcryptoworld
@CryptoGridPro we look behind the NUMBERS to ensure we promote crypto projects with strong fundamentals. So it's only fitting that our motto is "Numbers Don't Lie!" $RUNE #CryptoTrend #BulMarket #BullRunPredictions #BullCycle #BullishChart
Bitcoin (BTC), XRP and Other Inflows Soar to $1.84 Billion in Biggest Bull Run Since 2021
Bitcoin, XRP and Ethereum collectively attracted $176 million in last week's surge, marking most significant inflow since bull run of 2021
In a major bullish stride reminiscent of the 2021 crypto boom, the latest data from CoinShares reveals that digital asset investment products experienced an impressive surge, with inflows reaching a staggering $176 million last week.
This marks the 10th consecutive week of inflows, bringing the cumulative total to an impressive $1.84 billion.
The primary driver of this surge was Bitcoin, attracting a substantial $133 million in inflows. Notably, Short-Bitcoin, after a three-week spell of outflows, witnessed a resurgence, with $3.6 million flowing in last week. XRP-focused exchange-traded products (ETPs) also saw a noteworthy uptick, with over half a million dollars flowing into these instruments. While the amount may seem modest, it represents a doubling from the previous week. Year to date, XRP ETPs have accumulated $13 million, positioning it as the third-best performer among altcoins, trailing only Ethereum (ETH) and Solana (SOL).
Ethereum continued its positive momentum, securing inflows of $134 million in a monthlong streak. This marks a significant turnaround as net flows for Ethereum turned positive for the first time this year, following an extended period of negative sentiment.
However, despite a remarkable 107% increase in assets under management this year, reaching $46.2 billion, the total remains below the all-time high of $86.6 billion recorded in 2021.
However, despite a remarkable 107% increase in assets under management this year, reaching $46.2 billion, the total remains below the all-time high of $86.6 billion recorded in 2021.
#BTC #XRPUpdate #BullRunPredictions #Priceanalysis #CryptoScoop
$BTC $XRP $SOL
Bitcoin, XRP and Ethereum collectively attracted $176 million in last week's surge, marking most significant inflow since bull run of 2021
In a major bullish stride reminiscent of the 2021 crypto boom, the latest data from CoinShares reveals that digital asset investment products experienced an impressive surge, with inflows reaching a staggering $176 million last week.
This marks the 10th consecutive week of inflows, bringing the cumulative total to an impressive $1.84 billion.
The primary driver of this surge was Bitcoin, attracting a substantial $133 million in inflows. Notably, Short-Bitcoin, after a three-week spell of outflows, witnessed a resurgence, with $3.6 million flowing in last week. XRP-focused exchange-traded products (ETPs) also saw a noteworthy uptick, with over half a million dollars flowing into these instruments. While the amount may seem modest, it represents a doubling from the previous week. Year to date, XRP ETPs have accumulated $13 million, positioning it as the third-best performer among altcoins, trailing only Ethereum (ETH) and Solana (SOL).
Ethereum continued its positive momentum, securing inflows of $134 million in a monthlong streak. This marks a significant turnaround as net flows for Ethereum turned positive for the first time this year, following an extended period of negative sentiment.
However, despite a remarkable 107% increase in assets under management this year, reaching $46.2 billion, the total remains below the all-time high of $86.6 billion recorded in 2021.
However, despite a remarkable 107% increase in assets under management this year, reaching $46.2 billion, the total remains below the all-time high of $86.6 billion recorded in 2021.
#BTC #XRPUpdate #BullRunPredictions #Priceanalysis #CryptoScoop
$BTC $XRP $SOL
2024 Kickoff: BITCOIN Explosive Start Sparks ETF Speculation
Bitcoin enthusiasts are eagerly awaiting the US Securities and Exchange Commission's (SEC) decision on the Ark 21Shares Bitcoin ETF, set for a crucial deadline on January 10, 2024.Excitement is building as the SEC gears up to share insights on recent S-1 filing tweaks, raising hopes for potential approvals on Wednesday and Thursday.Concurrently, expectations point to the US Manufacturing Purchasing Managers' Index (PMI) maintaining its position at 48.2 throughout December 2023.According to Coingabbar Technical Analysis, 1. Bitcoin formed a base above the $41,500 support zone.After trading sideways, The BTC price broke through previous highs.Bitcoin's recent breakout from a four-week pennant pattern is notable.BTC is gaining momentum, surpassing $44,000 and $44,500 resistance levels.Recent rumors of spot ETF approval have fueled a fresh increase in Bitcoin price.Bitcoin's price is up by over 7.70%, clearing the $45,000 resistance.Positive signs are evident as Bitcoin maintains a closing price above the $45,000 resistance level.The BTC price broke out of an ascending triangle, aiming for the next resistance at $47,600.
KEY LEVELS :
RESISTANCE LEVEL : $46,000-$46,600
SUPPORT LEVEL : $45,400-$44,800
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#BTC #crypto2024 #BullRunPredictions #etf #dyor $BTC
KEY LEVELS :
RESISTANCE LEVEL : $46,000-$46,600
SUPPORT LEVEL : $45,400-$44,800
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#BTC #crypto2024 #BullRunPredictions #etf #dyor $BTC
The Crypto Bull Run
The crypto market is on an upward trend today, with major cryptocurrencies such as Bitcoin, Ethereum, Cardano, and Solana seeing gains.
This rally can be attributed to a few key factors, including growing interest from institutional investors.
On November 9, it was confirmed that BlackRock, a major asset management firm, is planning to launch a spot Ethereum exchange-traded fund (ETF).
This news has sparked a positive sentiment among investors and could lead to a significant influx of capital into the crypto market.
In addition to BlackRock, at least five other firms are also vying for approval to launch their own Ether ETFs.
This growing institutional interest in Ether is a strong indication of the increasing mainstream acceptance of cryptocurrencies.
Along with institutional investors, retail sentiment has also improved, as seen in the Bitcoin Fear & Greed Index.
The increased interest in the market is also reflected in the rise in trading volume, which reached its highest level since March.
Additionally, the total value locked (TVL) in the crypto market has also spiked to its highest level since June.
This surge in TVL suggests that investors are confident in the market and are willing to lock their funds in various crypto projects.
While the market is still susceptible to risk events and volatility, the recent increase in institutional interest and trading volume may indicate an end to the bear market.
Overall, the positive sentiment in the market is fueling the current rally, and it remains to be seen how the market will react to any potential future events.
The direction of the market will also depend on how it responds to any new enforcement actions or economic downturns.
Despite the potential for volatility, the growing interest from institutions is a positive sign for the long-term growth and adoption of cryptocurrencies.
Overall, the crypto market is experiencing a positive upward trend, driven by institutional investment and increased trading activity, which could potentially mark the end of the bear market.
#BullCycle #BullRunPredictions #CryptoCurrents #BTC🔥🔥
This rally can be attributed to a few key factors, including growing interest from institutional investors.
On November 9, it was confirmed that BlackRock, a major asset management firm, is planning to launch a spot Ethereum exchange-traded fund (ETF).
This news has sparked a positive sentiment among investors and could lead to a significant influx of capital into the crypto market.
In addition to BlackRock, at least five other firms are also vying for approval to launch their own Ether ETFs.
This growing institutional interest in Ether is a strong indication of the increasing mainstream acceptance of cryptocurrencies.
Along with institutional investors, retail sentiment has also improved, as seen in the Bitcoin Fear & Greed Index.
The increased interest in the market is also reflected in the rise in trading volume, which reached its highest level since March.
Additionally, the total value locked (TVL) in the crypto market has also spiked to its highest level since June.
This surge in TVL suggests that investors are confident in the market and are willing to lock their funds in various crypto projects.
While the market is still susceptible to risk events and volatility, the recent increase in institutional interest and trading volume may indicate an end to the bear market.
Overall, the positive sentiment in the market is fueling the current rally, and it remains to be seen how the market will react to any potential future events.
The direction of the market will also depend on how it responds to any new enforcement actions or economic downturns.
Despite the potential for volatility, the growing interest from institutions is a positive sign for the long-term growth and adoption of cryptocurrencies.
Overall, the crypto market is experiencing a positive upward trend, driven by institutional investment and increased trading activity, which could potentially mark the end of the bear market.
#BullCycle #BullRunPredictions #CryptoCurrents #BTC🔥🔥
#DOGE is been plummet down around 6% lower and break below the supporting trendline and moved with the market pump. well, price is again approaching towards the Resistance, where price can react too. You can either risk some there or wait for confirmation or rejection to happen.
#BullRunPredictions
#BullRunPredictions
Will BITCOIN Soars Toward New Peaks Amidst ETF Speculation
BlackRock, Nasdaq, and SEC officials held a second December meeting to address rule changes for the anticipated listing of spot Bitcoin ETFs.BTC maintains a strong uptrend, indicating potential for continued upward movement.Possibility exists for Bitcoin to gain momentum, surpassing the $45,000 mark.According to Coingabbar Technical Analysis, On December 18th, BTC found support at $40,500 and initiated an upward trend.The price encountered resistance around $43,500 but faced another obstacle, leading to a drop to $41,800.Recent developments include discussions on Bitcoin ETF, BlackRock, Nasdaq meeting with the SEC, contributing to a rise in BTC.Despite facing resistance, BTC breached the $43,500 hurdle and traded above $44,000 levels.A bullish candle formed on the daily chart, and BTC broke and closed above the Symmetric Triangle pattern.BTC is currently positioned close to the upper limit of the double bottom reversal range.If BTC successfully closes above the channel, a new high is anticipated with a rally towards $50,000.Conversely, if BTC fails to surpass $45,000, a sharp selling scenario may unfold, testing $42,000-$40,000 levels again.
KEY LEVELS :
RESISTANCE LEVEL : $44,200-$44,700
SUPPORT LEVEL : $43,300-$42,800
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#BTC #BinanceWish #crypto2023 #dyor #BullRunPredictions $BTC
KEY LEVELS :
RESISTANCE LEVEL : $44,200-$44,700
SUPPORT LEVEL : $43,300-$42,800
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#BTC #BinanceWish #crypto2023 #dyor #BullRunPredictions $BTC
🚨FOMO BULLRUN ACTIVATED! 🚨 🚀🚀🚀 Let's see what's on the front pages in crypto and how this uptrend will impact the industry. Read the upcoming article 👀🤩📚 #BTCto40k #airdropking #fomo #BullRunPredictions #CryptoNews🔒📰🚫 $BTC
Suddenly, Axie Infinity comes back to life with a surprise %50 percent rally
Axie Infinity's AXS token has been seeing a stunning ascension in the arena of cryptocurrencies. It has witnessed an astonishing spike of over fifty percent in the previous twenty-four hours and is presently trading at $9.26. With a market value of $1.4 billion and a circulating quantity of 132 million coins, AXS has been catapulted to the forefront of gaming cryptocurrencies as a result of this boom.
It is possible to attribute this remarkable upsurge to a recent significant game update that has introduced a transformational component to the Axie Infinity environment. This upgrade is the driving force behind this extraordinary upswing.
The evolution of Axie Infinity completely changes the game economy.
Players will have the option to develop their digital companions with extra traits and powers thanks to this update, which focuses on the evolution of Axies, which are animals that are comparable to Pokemons.
A deflationary process is introduced as a result of this development, which brings about significant changes to the economy of Axie Infinity since it goes beyond the surface adjustments. Because of this approach, the total number of Axies may be reduced, which would result in an increase in the value of the Axies that are currently in existence and would also enhance the connections between players and their virtual counterparts.
With that being said, a note of warning emerges in the middle of this surge. The price of AXS has been gaining pace as a result of the market's resurgence and Bitcoin's acceleration toward $45,000; nonetheless, there are concerns regarding the possibility of a sudden fall.
An increasing number of people are getting concerned about impatient holders who are struggling with losses. A considerable number of sellers were driven to liquidate their holdings as a result of the spike. According to statistics provided by Coinglass, nearly $2.4 million worth of short contracts were liquidated, which contradicts the negative forecasts that were made.
The market is adjusting, and the data indicates that there is a possibility of a large correction occurring. The number of addresses that are lucrative has climbed to over thirty percent, but this figure is still outnumbered by the fifty thousand holders who are now in the red.
In light of this scenario, it appears that the persistent upward trend in the price of AXS may encourage holders who have suffered losses to leave the market in an effort to reduce the amount of money they have lost.
The Technical Analysis of AXS: Some Important Levels and Caution
In terms of technical analysis, AXS has created important resistance levels at $10.41, $11.37, and $12.01. Additionally, there is immediate support at $9.09, and additional support can be found at $8.54 and $8.06.
The Relative Strength Index (RSI), which is an important indication of market mood, is now at a high level of 81, which indicates that the market is showing signs of being overbought today. Although this indicates that there is a strong purchasing tendency, it is important to exercise caution because an overbought state may signal that there is the possibility of reversals in the market.
A substantial game update has been the driving force behind the spectacular spike that Axie Infinity's AXS has seen, which has amplified the enthusiasm that is present in the digital asset scene as the new year draws near.
In spite of the bullish trend, caution is still prevalent, as market players are apprehensive of the possibility of a reversal and holders are struggling with impatience as a result of losses.
When it comes to the ever-changing cryptocurrency market, the new economic variables that were added by the game update provide an additional degree of fascination to the direction that AXS is following.
#AxieInfinity $AXS #BullRunPredictions
It is possible to attribute this remarkable upsurge to a recent significant game update that has introduced a transformational component to the Axie Infinity environment. This upgrade is the driving force behind this extraordinary upswing.
The evolution of Axie Infinity completely changes the game economy.
Players will have the option to develop their digital companions with extra traits and powers thanks to this update, which focuses on the evolution of Axies, which are animals that are comparable to Pokemons.
A deflationary process is introduced as a result of this development, which brings about significant changes to the economy of Axie Infinity since it goes beyond the surface adjustments. Because of this approach, the total number of Axies may be reduced, which would result in an increase in the value of the Axies that are currently in existence and would also enhance the connections between players and their virtual counterparts.
With that being said, a note of warning emerges in the middle of this surge. The price of AXS has been gaining pace as a result of the market's resurgence and Bitcoin's acceleration toward $45,000; nonetheless, there are concerns regarding the possibility of a sudden fall.
An increasing number of people are getting concerned about impatient holders who are struggling with losses. A considerable number of sellers were driven to liquidate their holdings as a result of the spike. According to statistics provided by Coinglass, nearly $2.4 million worth of short contracts were liquidated, which contradicts the negative forecasts that were made.
The market is adjusting, and the data indicates that there is a possibility of a large correction occurring. The number of addresses that are lucrative has climbed to over thirty percent, but this figure is still outnumbered by the fifty thousand holders who are now in the red.
In light of this scenario, it appears that the persistent upward trend in the price of AXS may encourage holders who have suffered losses to leave the market in an effort to reduce the amount of money they have lost.
The Technical Analysis of AXS: Some Important Levels and Caution
In terms of technical analysis, AXS has created important resistance levels at $10.41, $11.37, and $12.01. Additionally, there is immediate support at $9.09, and additional support can be found at $8.54 and $8.06.
The Relative Strength Index (RSI), which is an important indication of market mood, is now at a high level of 81, which indicates that the market is showing signs of being overbought today. Although this indicates that there is a strong purchasing tendency, it is important to exercise caution because an overbought state may signal that there is the possibility of reversals in the market.
A substantial game update has been the driving force behind the spectacular spike that Axie Infinity's AXS has seen, which has amplified the enthusiasm that is present in the digital asset scene as the new year draws near.
In spite of the bullish trend, caution is still prevalent, as market players are apprehensive of the possibility of a reversal and holders are struggling with impatience as a result of losses.
When it comes to the ever-changing cryptocurrency market, the new economic variables that were added by the game update provide an additional degree of fascination to the direction that AXS is following.
#AxieInfinity $AXS #BullRunPredictions
🚀🚀 My risky coins for 2024🚀🚀
I just posted some safer picks for 2024 but taking higher risks can surely help to make higher money too , right ?
so here are 3 risky picks for 2024
1. SATS :- SATS is gonna be on list for sure and I am anticipating nearly 2-3x in next bull run , But the risk is also relatively high.
2. Loom :- Currently at price of 0.1$ it did an amazing 4x just 3-4 months back, same kinda run can also happen in 2024 (m
3.Egld :- Gonna be least risky as the coin has some immense potential and it’s all time high is at like 8x of current price , expecting good movement in next bull run
#ATOM #BullRunPredictions
I just posted some safer picks for 2024 but taking higher risks can surely help to make higher money too , right ?
so here are 3 risky picks for 2024
1. SATS :- SATS is gonna be on list for sure and I am anticipating nearly 2-3x in next bull run , But the risk is also relatively high.
2. Loom :- Currently at price of 0.1$ it did an amazing 4x just 3-4 months back, same kinda run can also happen in 2024 (m
3.Egld :- Gonna be least risky as the coin has some immense potential and it’s all time high is at like 8x of current price , expecting good movement in next bull run
#ATOM #BullRunPredictions
ETHEREUM Battles Price Woes Amid Bitcoin's Soaring Surge
Ethereum is on an upward trajectory, engaged in a retest of its breakout zone within an ascending triangle.The current retest of Ethereum's breakout zone suggests a potential price target of $3,500.According to Coingabbar Technical Analysis, Ethereum's price faces challenges reclaiming $2,250, contrasting with Bitcoin's $43,500 breakthrough.ETH exhibits worrisome indicators, suggesting vulnerability to a significant downturn.Struggling to surpass the $2,250 resistance, Ethereum is encountering hurdles in upward momentum.Trading under $2,200 and the 100-hourly Simple Moving Average, price weakness persists.Prolonged stay below $2,250 may trigger substantial declines for the Ethereum pair.Ethereum undergoes a retest of the ascending triangle breakout line.The 4-hour chart reveals ETH trading within a descending channel.
KEY LEVELS :
RESISTANCE LEVEL : $2,270-$2,330
SUPPORT LEVEL : $2,180-$2,130
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#crypto2023 #dyor #BullRunPredictions $ETH #BinanceWish #BTC
KEY LEVELS :
RESISTANCE LEVEL : $2,270-$2,330
SUPPORT LEVEL : $2,180-$2,130
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#crypto2023 #dyor #BullRunPredictions $ETH #BinanceWish #BTC
Gem coin to be included in your portfolio to gain 25X -100X this Bull run 2024-2025🔥
Hey people, I hope you are doing absolutely dope in this Bull Market!📈 For those who are still worried what coin to hold for the long run to make enormous gains in the future, well worry not further, you are at the right place to expand your crypto knowledge and your gains as well! 😉
Lot of us dreamt of making 10X or more in this crypto universe, but most of us failed to make even the 2X of our investment. The smart ones who have been managed to double or more than double their investments, they lost in the long run and gone rekt.
Well, now is the right time to invest and start watching your investment grow in your very eyes! As I said earlier, TIME IS MONEY🔥💰, let’s not waste our time further!!
The coin to hold for this bull run 2024-2025 is $BOND ! This coin has the potential to reach its all time high to 185$ again which is almost 50X than that of today. The market cap is even less and most importantly Fully diluted market cap is less than 100$M. Therefore, it makes one of the gem coins to include in our portfolio.
Follow us for more content like this, as we put a lot of effort to bring you the good and reliable information.
#DYOR $SOL $BOND
#BullRunPredictions #BOND/USDT #BTC
Hey people, I hope you are doing absolutely dope in this Bull Market!📈 For those who are still worried what coin to hold for the long run to make enormous gains in the future, well worry not further, you are at the right place to expand your crypto knowledge and your gains as well! 😉
Lot of us dreamt of making 10X or more in this crypto universe, but most of us failed to make even the 2X of our investment. The smart ones who have been managed to double or more than double their investments, they lost in the long run and gone rekt.
Well, now is the right time to invest and start watching your investment grow in your very eyes! As I said earlier, TIME IS MONEY🔥💰, let’s not waste our time further!!
The coin to hold for this bull run 2024-2025 is $BOND ! This coin has the potential to reach its all time high to 185$ again which is almost 50X than that of today. The market cap is even less and most importantly Fully diluted market cap is less than 100$M. Therefore, it makes one of the gem coins to include in our portfolio.
Follow us for more content like this, as we put a lot of effort to bring you the good and reliable information.
#DYOR $SOL $BOND
#BullRunPredictions #BOND/USDT #BTC
