Hervask

#THE SPECTACULAR FALL OF OM/USDT
AI according to #Gemini #OMUSDT
The spectacular fall of the OM/USDT price that you noticed may be due to several factors. This could be related to specific news about the OM project, broader movements in the cryptocurrency market, or a combination of both.
To conduct a new trend analysis, it would be necessary to take a closer look at recent trading volumes and key support levels.
Regarding future projections, it is difficult to predict with certainty what will happen. The cryptocurrency market is very volatile. But I can help you keep track of the situation.
Would you like us to examine the volume data or the support levels together?

Alright, let's examine the technical indicators to better understand the situation.
Of course, here are the current values of the technical indicators for OM/USDT:
* RSI (6): 35.6620
* MACD: 0.2693
* Signal (DEA): 0.8269
* MACD Histogram: 1.0961
Note that these numbers can change rapidly due to the volatility of the cryptocurrency market.

Perfect. So, on the chart you shared, the RSI is currently at 35.6620, which indicates that #OM/USDT is no longer in oversold territory, but is not yet in overbought territory either.
As for the MACD, it is currently below the signal line, indicating a bearish trend. However, one should watch for a potential bullish crossover, which could signal a change in trend.

To minimize risks, it is better to avoid buying when the price drops sharply. It is preferable to wait for the market to stabilize and show signs of recovery. You might monitor the support level around 0.7111 USDT, as this is the current price of OM. If the price rebounds from this level, it could be a potential buy signal.
#GeminiAI
Oh, please note that I am not a financial expert. Do not take my responses as successful decisions.
$OM

User Loses $700,000 in Microtransaction
It was a sunny morning in the world of Ethereum when newly minted cryptocurrency millionaire Thomas Meier decided to buy a coffee in midtown Manhattan. With a glint of wealth in his eyes, he opened his digital wallet and made a simple microtransaction on the Ether network, not imagining the cost it would entail. When he received confirmation of the transaction, he was perplexed: the fee was an incredible $700,000. What seemed like an ordinary purchase ended up with a harsh lesson on the pitfalls of the Ethereum blockchain.
Something similar to what happened in this fictional story happened with an Ethereum user who, in fact, lost $700,000 in a microtransaction, according to data revealed by Lookonchain. While this is an extremely rare case, it serves as a warning: the Ethereum network can, in certain transactions, apply fees that are beyond any control, without any prior warning.
While some users are concerned about the current fee structures, the Spanish banking giant (BME: BBVA) is going a step further by integrating Visa’s (NYSE: V) smart contract platform, based on Ethereum.
Since 2019, BBVA has been heavily involved in blockchain technology and its implications for the financial sector. In collaboration with Spanish insurance company Mapfre, BBVA used smart contracts to structure the first green bond. This was the beginning of a journey that led the bank to explore the world of tokenized assets and smart contracts.

source: Investing.com

$BTTC

THE OVERALL VIEW OF THE TOKEN 📊🎁

1. Fundamental analysis
Overall situation of the cryptocurrency market:
The upward or downward trends of major coins like Bitcoin (BTC) and Ethereum (ETH) often heavily influence altcoins like BTTC.
Macro news, such as monetary policy decisions, legislation, and major institutional adoption of cryptocurrencies, can also have a major impact on the market.

Analysis and important events:
Any announcements of technology upgrades, new partnerships, or major BitTorrent promotional events could positively influence the price of $BTTC .
Conversely, negative news or controversial events can have a negative impact.
Psychology and Community Concerns:
The level of community interest in BTTC on social media and cryptocurrency forums can also significantly influence the price.

2. Technical analysis
Price table:
An RSI above 70 could indicate that BTTC is overbought, which could lead to a correction.
An RSI below 30 could indicate that BTTC is oversold, which could lead to a rally.
MACD (Moving Average Convergence Divergence):
When the MACD line crosses above the signal line, it is a sign of an uptrend.
When the MACD line crosses below the signal line, it is a sign of a downtrend.

June
If the overall cryptocurrency market is positive: BTTC could increase by 20-30% due to increased interest and investment.
If there is positive news from BitTorrent: the price of $BTTC could increase more sharply, by 30-50%.
If the general market weakens: BTTC price may decrease by 20-30%, especially if there is no supporting news.

$BTC

#Bitcoin❗️
Cryptocurrency market leader Bitcoin has once again attracted the attention of investors with its recent significant price increase. After establishing a strong base at $66,500, Bitcoin broke through the $70,000 resistance zone with a rapid rise and gained over 8% in value. This increase brought BTC closer to the $72,000 resistance zone.

New weekly high for Bitcoin
Bitcoin strongly surpassed the $70,000 resistance zone and reached a new weekly high at $71,979. It currently faces significant resistance at $71,850. The $72,000 level is considered the next major resistance point and it is believed that the price could rise further if this level is breached.

If the bulls manage to maintain this uptrend, Bitcoin price is expected to move towards the $74,400 resistance zone. Further gains could push Bitcoin towards the $75,000 barrier.

Possible fall scenario in Bitcoin
As Bitcoin approaches the $72,000 resistance level, its future movements have become a matter of curiosity. If it cannot exceed this critical level, the possibility of a downward correction may arise. In this case, the first major support point lies at $70,000. It is predicted that if Bitcoin falls below this support, the price could decline to the $67,450 support zone.

Additionally, the RSI hourly indicator also shows that it is in the overbought zone, reinforcing the possibility of a possible correction move.

The main support levels against Bitcoin lie at $70,500 and $70,000, while the resistance levels are at $71,850, $72,000, and $72,500. These levels are critical to the direction Bitcoin will follow in the near term. In particular, overcoming the $72,000 resistance could be an important step for BTC to reach new highs.

📊📈📉#pepecoin $ETH

#$1000PEPE
the market will start again from the lowest level