LIVEAndrew_Cripto
@Andrew_Cripto
Fundamentals and some TA. Let's grow our bags together.
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Hey crypto frends! Let's talk moon shots! Forget the lambo dreams for a sec, these are the narratives you NEED to be on board with 🤩🔥🚀🚀🚀
- Real World Asset (RWA) Imagine buying a piece of that beach house with your crypto gains? RWAs are here, and it's gonna be YUGE! (Remember Blackrock tokenization plan?) #RWA!
- Web3 Gaming just went IRL! Gamers, assemble! Get paid to play with Play-to-Earn. Who needs a job when you can slay dragons AND stack sats? #GamingCoins
- Crypto AI is the future. Imagine AI making your crypto life easier, and crypto fueling the next big AI thing. Bullish! #AiNarratives
- Level up your crypto game with L2 solutions! ️ These projects make blockchain transactions faster and cheaper. Basically VIP access to the crypto world. #AltSeasonComing
Rremember, DYOR (do your own research) before you ape in! This isn't a financial advice, but these trends are gonna be LIT!
- Real World Asset (RWA) Imagine buying a piece of that beach house with your crypto gains? RWAs are here, and it's gonna be YUGE! (Remember Blackrock tokenization plan?) #RWA!
- Web3 Gaming just went IRL! Gamers, assemble! Get paid to play with Play-to-Earn. Who needs a job when you can slay dragons AND stack sats? #GamingCoins
- Crypto AI is the future. Imagine AI making your crypto life easier, and crypto fueling the next big AI thing. Bullish! #AiNarratives
- Level up your crypto game with L2 solutions! ️ These projects make blockchain transactions faster and cheaper. Basically VIP access to the crypto world. #AltSeasonComing
Rremember, DYOR (do your own research) before you ape in! This isn't a financial advice, but these trends are gonna be LIT!
LIVEAndrew_Cripto
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Why im bullish on #wifhatdog
Dogwifhat (WIF) is a memecoin launched on the Solana network in April 2023. The coin is based on the internet meme "Doge" and is promoted as a fun and unique digital asset.
Price and Market Capitalization
As of May 30, 2024, Dogwifhat is trading at $0.0316 USD with a market capitalization of $6.27 billion USD. The coin has experienced significant price volatility since its launch, reaching an all-time high of $0.15 USD in March 2023 and then falling to a low of $0.01 USD in June 2023.
Trading Volume
The trading volume of Dogwifhat in the past 24 hours is $1.96 billion USD. This indicates that the coin has relatively good liquidity. However, trading volume has decreased significantly from the highs reached in March 2023.
Circulating and Maximum Supply
The circulating supply of Dogwifhat is 420,689,899,999,995 WIF, with a maximum supply of 420,690,000,000,000 WIF.
Not financial advice. My trade ;)
Dogwifhat (WIF) is a memecoin launched on the Solana network in April 2023. The coin is based on the internet meme "Doge" and is promoted as a fun and unique digital asset.
Price and Market Capitalization
As of May 30, 2024, Dogwifhat is trading at $0.0316 USD with a market capitalization of $6.27 billion USD. The coin has experienced significant price volatility since its launch, reaching an all-time high of $0.15 USD in March 2023 and then falling to a low of $0.01 USD in June 2023.
Trading Volume
The trading volume of Dogwifhat in the past 24 hours is $1.96 billion USD. This indicates that the coin has relatively good liquidity. However, trading volume has decreased significantly from the highs reached in March 2023.
Circulating and Maximum Supply
The circulating supply of Dogwifhat is 420,689,899,999,995 WIF, with a maximum supply of 420,690,000,000,000 WIF.
Not financial advice. My trade ;)
Timeframe: 1-day chart
Current Price: $67,686.00
Overall Trend: Bullish
Key Observations:
The price has been moving in a choppy-bored range over the pasts days, but the overall trend is still bullish.The candles are forming a bullish pattern, with higher highs and higher lows.The price is currently trading above the 200-day moving average, which is a bullish sign.
Technical Indicators:
- Relative Strength Index (RSI): The RSI is currently above 70, which is considered to be overbought territory. However, this does not necessarily mean that the price will start to fall. The RSI could stay above 70 for some time before the price starts to correct.
- Moving Average Convergence Divergence (MACD): The MACD is currently in bullish territory, with the MACD line above the signal line. This is a positive sign for the bullish trend.
Conclusion:
Based on the above analysis, the BTC/USD chart is still in a bullish trend. However, the price is currently overbought, so there is some risk of a correction. Traders should be aware of this risk and should use stop-loss orders to protect their profits.
$BTC #BTC☀
Bonus track Liquidations heat maps ;)
Current Price: $67,686.00
Overall Trend: Bullish
Key Observations:
The price has been moving in a choppy-bored range over the pasts days, but the overall trend is still bullish.The candles are forming a bullish pattern, with higher highs and higher lows.The price is currently trading above the 200-day moving average, which is a bullish sign.
Technical Indicators:
- Relative Strength Index (RSI): The RSI is currently above 70, which is considered to be overbought territory. However, this does not necessarily mean that the price will start to fall. The RSI could stay above 70 for some time before the price starts to correct.
- Moving Average Convergence Divergence (MACD): The MACD is currently in bullish territory, with the MACD line above the signal line. This is a positive sign for the bullish trend.
Conclusion:
Based on the above analysis, the BTC/USD chart is still in a bullish trend. However, the price is currently overbought, so there is some risk of a correction. Traders should be aware of this risk and should use stop-loss orders to protect their profits.
$BTC #BTC☀
Bonus track Liquidations heat maps ;)
Hey crypto frends! Let's talk moon shots! Forget the lambo dreams for a sec, these are the narratives you NEED to be on board with 🤩🔥🚀🚀🚀
- Real World Asset (RWA) Imagine buying a piece of that beach house with your crypto gains? RWAs are here, and it's gonna be YUGE! (Remember Blackrock tokenization plan?) #RWA!
- Web3 Gaming just went IRL! Gamers, assemble! Get paid to play with Play-to-Earn. Who needs a job when you can slay dragons AND stack sats? #GamingCoins
- Crypto AI is the future. Imagine AI making your crypto life easier, and crypto fueling the next big AI thing. Bullish! #AiNarratives
- Level up your crypto game with L2 solutions! ️ These projects make blockchain transactions faster and cheaper. Basically VIP access to the crypto world. #AltSeasonComing
Rremember, DYOR (do your own research) before you ape in! This isn't a financial advice, but these trends are gonna be LIT!
- Real World Asset (RWA) Imagine buying a piece of that beach house with your crypto gains? RWAs are here, and it's gonna be YUGE! (Remember Blackrock tokenization plan?) #RWA!
- Web3 Gaming just went IRL! Gamers, assemble! Get paid to play with Play-to-Earn. Who needs a job when you can slay dragons AND stack sats? #GamingCoins
- Crypto AI is the future. Imagine AI making your crypto life easier, and crypto fueling the next big AI thing. Bullish! #AiNarratives
- Level up your crypto game with L2 solutions! ️ These projects make blockchain transactions faster and cheaper. Basically VIP access to the crypto world. #AltSeasonComing
Rremember, DYOR (do your own research) before you ape in! This isn't a financial advice, but these trends are gonna be LIT!
Stable inflation data in the US seems to be keeping Bitcoin prices relatively steady !!!
Here's my breakdown, hope it make sense to you guys:
Stable Inflation: This means the rate of price increases in the US economy is holding steady, not rising rapidly. This data point came from a recent US inflation report (like the Personal Consumption Expenditures report).
Bitcoin Price Stability: The news suggests that Bitcoin's price hasn't shown significant swings recently, staying within a certain range. (Aprox 58-70k)
The connection between these two points is complex, but here's the general idea:
Bitcoin as a Hedge: Some investors view Bitcoin as a hedge against inflation, similar to gold. The theory is that if traditional currencies lose value due to inflation, Bitcoin might hold its value or even increase.
Reduced Urgency for Bitcoin: If inflation is stable and not a major concern, the urgency to invest in Bitcoin as a hedge might decrease. This could lead to less volatile price movements for Bitcoin.
Rememeber BTC is a Macro Asset so, the stable inflation data might be one reason why Bitcoin's price is relatively steady (short term), but it's likely not the only factor. #altcoins #btc70k #BinanceSquareFamily #BullRunAhead
Here's my breakdown, hope it make sense to you guys:
Stable Inflation: This means the rate of price increases in the US economy is holding steady, not rising rapidly. This data point came from a recent US inflation report (like the Personal Consumption Expenditures report).
Bitcoin Price Stability: The news suggests that Bitcoin's price hasn't shown significant swings recently, staying within a certain range. (Aprox 58-70k)
The connection between these two points is complex, but here's the general idea:
Bitcoin as a Hedge: Some investors view Bitcoin as a hedge against inflation, similar to gold. The theory is that if traditional currencies lose value due to inflation, Bitcoin might hold its value or even increase.
Reduced Urgency for Bitcoin: If inflation is stable and not a major concern, the urgency to invest in Bitcoin as a hedge might decrease. This could lead to less volatile price movements for Bitcoin.
Rememeber BTC is a Macro Asset so, the stable inflation data might be one reason why Bitcoin's price is relatively steady (short term), but it's likely not the only factor. #altcoins #btc70k #BinanceSquareFamily #BullRunAhead
LIVEAndrew_Cripto
--
Ανατιμητική
Hey crypto frends! Let's talk moon shots! Forget the lambo dreams for a sec, these are the narratives you NEED to be on board with 🤩🔥🚀🚀🚀
- Real World Asset (RWA) Imagine buying a piece of that beach house with your crypto gains? RWAs are here, and it's gonna be YUGE! (Remember Blackrock tokenization plan?) #RWA!
- Web3 Gaming just went IRL! Gamers, assemble! Get paid to play with Play-to-Earn. Who needs a job when you can slay dragons AND stack sats? #GamingCoins
- Crypto AI is the future. Imagine AI making your crypto life easier, and crypto fueling the next big AI thing. Bullish! #AiNarratives
- Level up your crypto game with L2 solutions! ️ These projects make blockchain transactions faster and cheaper. Basically VIP access to the crypto world. #AltSeasonComing
Rremember, DYOR (do your own research) before you ape in! This isn't a financial advice, but these trends are gonna be LIT!
- Real World Asset (RWA) Imagine buying a piece of that beach house with your crypto gains? RWAs are here, and it's gonna be YUGE! (Remember Blackrock tokenization plan?) #RWA!
- Web3 Gaming just went IRL! Gamers, assemble! Get paid to play with Play-to-Earn. Who needs a job when you can slay dragons AND stack sats? #GamingCoins
- Crypto AI is the future. Imagine AI making your crypto life easier, and crypto fueling the next big AI thing. Bullish! #AiNarratives
- Level up your crypto game with L2 solutions! ️ These projects make blockchain transactions faster and cheaper. Basically VIP access to the crypto world. #AltSeasonComing
Rremember, DYOR (do your own research) before you ape in! This isn't a financial advice, but these trends are gonna be LIT!
5 tips that have helped me in this Market
1/5 The Trading Starts with Research (DYOR!)
Before you jump into the crypto market, do your own research. Understand the projects, the risks, and the potential rewards. It's your money, so make informed decisions. #cryptocurrency
2/5 Trading is a Marathon, Not a Sprint!
Don't get caught up in the hype and overtrade. Be patient and disciplined. The best traders make calculated moves, not impulsive ones. #discipline #crypto
3/5 Patience is Your Greatest Asset in Trading
Great things come to those who wait. The market can be volatile, so don't chase every price movement. Patience helps you spot the best entry and exit points. #bitcoin
4/5 Technical Analysis: Your Trading Compass
Learn technical analysis (TA) to add a layer of understanding to your trading decisions. TA uses charts and indicators to identify trends and potential price movements. #trading
5/5 Knowing Your Timeframe: Trader vs. Investor
Decide if you're a short-term trader or a long-term investor. Traders aim for quick profits, while investors focus on holding assets for a longer period. Your timeframe is key!!
1/5 The Trading Starts with Research (DYOR!)
Before you jump into the crypto market, do your own research. Understand the projects, the risks, and the potential rewards. It's your money, so make informed decisions. #cryptocurrency
2/5 Trading is a Marathon, Not a Sprint!
Don't get caught up in the hype and overtrade. Be patient and disciplined. The best traders make calculated moves, not impulsive ones. #discipline #crypto
3/5 Patience is Your Greatest Asset in Trading
Great things come to those who wait. The market can be volatile, so don't chase every price movement. Patience helps you spot the best entry and exit points. #bitcoin
4/5 Technical Analysis: Your Trading Compass
Learn technical analysis (TA) to add a layer of understanding to your trading decisions. TA uses charts and indicators to identify trends and potential price movements. #trading
5/5 Knowing Your Timeframe: Trader vs. Investor
Decide if you're a short-term trader or a long-term investor. Traders aim for quick profits, while investors focus on holding assets for a longer period. Your timeframe is key!!
Meme coins: the internet's latest investment craze.
Remember Dogecoin, the Shiba Inu-inspired coin that skyrocketed thanks to Elon Musk? Well, it opened the floodgates for a whole bunch of meme coins, each with its own unique meme-based branding and passionate community.
Why the hype? Meme coins offer a fun, lighthearted way to enter the crypto realm. Investors hope to catch the next big wave and make a quick buck. Plus, the strong communities behind these coins create a sense of belonging and shared excitement.
But hold your horses... Meme coins are highly speculative and risky.Their prices can fluctuate wildly based on hype and sentiment. They often lack real-world utility, and their value is tied to the popularity of the meme itself.
Here's the Top 5 (May 30, 2024)
- Dogecoin (DOGE): Still the OG meme coin
- Shiba Inu (SHIB): Woof!
- Pepe (PEPE): Bullish on Pepe!
- Dogwifhat (WIF): Woof with a hat!
- Floki Inu (FLOKI): Inspired by Elon's pup.
Remember: Meme coins are risky! DYOR & invest responsibly!!
#binance #mememcoinseason2024 #meme_coin
Remember Dogecoin, the Shiba Inu-inspired coin that skyrocketed thanks to Elon Musk? Well, it opened the floodgates for a whole bunch of meme coins, each with its own unique meme-based branding and passionate community.
Why the hype? Meme coins offer a fun, lighthearted way to enter the crypto realm. Investors hope to catch the next big wave and make a quick buck. Plus, the strong communities behind these coins create a sense of belonging and shared excitement.
But hold your horses... Meme coins are highly speculative and risky.Their prices can fluctuate wildly based on hype and sentiment. They often lack real-world utility, and their value is tied to the popularity of the meme itself.
Here's the Top 5 (May 30, 2024)
- Dogecoin (DOGE): Still the OG meme coin
- Shiba Inu (SHIB): Woof!
- Pepe (PEPE): Bullish on Pepe!
- Dogwifhat (WIF): Woof with a hat!
- Floki Inu (FLOKI): Inspired by Elon's pup.
Remember: Meme coins are risky! DYOR & invest responsibly!!
#binance #mememcoinseason2024 #meme_coin
Why im bullish on #wifhatdog
Dogwifhat (WIF) is a memecoin launched on the Solana network in April 2023. The coin is based on the internet meme "Doge" and is promoted as a fun and unique digital asset.
Price and Market Capitalization
As of May 30, 2024, Dogwifhat is trading at $0.0316 USD with a market capitalization of $6.27 billion USD. The coin has experienced significant price volatility since its launch, reaching an all-time high of $0.15 USD in March 2023 and then falling to a low of $0.01 USD in June 2023.
Trading Volume
The trading volume of Dogwifhat in the past 24 hours is $1.96 billion USD. This indicates that the coin has relatively good liquidity. However, trading volume has decreased significantly from the highs reached in March 2023.
Circulating and Maximum Supply
The circulating supply of Dogwifhat is 420,689,899,999,995 WIF, with a maximum supply of 420,690,000,000,000 WIF.
Not financial advice. My trade ;)
Dogwifhat (WIF) is a memecoin launched on the Solana network in April 2023. The coin is based on the internet meme "Doge" and is promoted as a fun and unique digital asset.
Price and Market Capitalization
As of May 30, 2024, Dogwifhat is trading at $0.0316 USD with a market capitalization of $6.27 billion USD. The coin has experienced significant price volatility since its launch, reaching an all-time high of $0.15 USD in March 2023 and then falling to a low of $0.01 USD in June 2023.
Trading Volume
The trading volume of Dogwifhat in the past 24 hours is $1.96 billion USD. This indicates that the coin has relatively good liquidity. However, trading volume has decreased significantly from the highs reached in March 2023.
Circulating and Maximum Supply
The circulating supply of Dogwifhat is 420,689,899,999,995 WIF, with a maximum supply of 420,690,000,000,000 WIF.
Not financial advice. My trade ;)
Imagine you're at a yard sale and see a bunch of people fighting over a slightly used toaster. That toaster might be the hottest deal of the day, according to the yard sale crowd. But what if you knew the person selling it got it for free just yesterday?
The MVRV indicator for cryptocurrency is kind of like that. It compares the current hype (market value) to the average price people actually paid for those coins (realized value).
Here's why it's relevant:
High MVRV: If the MVRV is super high, it's like everyone at the yard sale thinks the toaster is a priceless artifact. This might signal the price is inflated due to excitement and could be due for a correction (the yard sale crowd settles down and realizes it's just a toaster).Low MVRV: A low MVRV means people are getting those coins for cheap, like that free toaster. This could indicate a potential buying opportunity, but it's not guaranteed.
It's not a perfect science, but MVRV can be a clue if the cryptocurrency party is getting a little too crazy or if there might be some good deals hidden in the bargain bin.
Just getting started #btc #altcoins #binance
The MVRV indicator for cryptocurrency is kind of like that. It compares the current hype (market value) to the average price people actually paid for those coins (realized value).
Here's why it's relevant:
High MVRV: If the MVRV is super high, it's like everyone at the yard sale thinks the toaster is a priceless artifact. This might signal the price is inflated due to excitement and could be due for a correction (the yard sale crowd settles down and realizes it's just a toaster).Low MVRV: A low MVRV means people are getting those coins for cheap, like that free toaster. This could indicate a potential buying opportunity, but it's not guaranteed.
It's not a perfect science, but MVRV can be a clue if the cryptocurrency party is getting a little too crazy or if there might be some good deals hidden in the bargain bin.
Just getting started #btc #altcoins #binance
#MyFirstSquarePost Hello, Binance Square! #ultrabullish #altcoins #BTC☀
"Mastercard's all in on making payments super smooth, secure, and easy to use – that's why we're constantly upgrading our tech and teaming up with awesome partners," said Walter Pimenta, a big cheese at Mastercard for Latin America and the Caribbean. "With all the buzz around blockchain and crypto these days, it's important to make sure people can trust their interactions on these public networks. We're pumped to be working with this great group to bring Mastercard Crypto Credential to the next level!"
https://www.mastercard.com/news/press/2024/may/mastercard-crypto-credential-goes-live-with-first-peer-to-peer-pilot-transactions-adds-new-partners-to-the-ecosystem/
"Mastercard's all in on making payments super smooth, secure, and easy to use – that's why we're constantly upgrading our tech and teaming up with awesome partners," said Walter Pimenta, a big cheese at Mastercard for Latin America and the Caribbean. "With all the buzz around blockchain and crypto these days, it's important to make sure people can trust their interactions on these public networks. We're pumped to be working with this great group to bring Mastercard Crypto Credential to the next level!"
https://www.mastercard.com/news/press/2024/may/mastercard-crypto-credential-goes-live-with-first-peer-to-peer-pilot-transactions-adds-new-partners-to-the-ecosystem/
