#العملات Encrypted
Analyzing cryptocurrency events requires assessing the impact of news, economic and technological developments on currency prices. It is important to follow cryptocurrency news, as events such as changes in legislation, new partnerships, or technical updates can have a significant impact on the market.
Recent events and their impact:
1. Dogecoin Volatility:
- Dogecoin has seen significant volatility, rising more than 25% during the market rally, but then falling 20.6% within a week. Despite these declines, some analysts are optimistic that the price could rise above $10 in the current market cycle.
2. Shiba Inu:
- ShipEno price dropped by more than 20% in a week, affecting 43% of investors. However, the price rebounded after reaching a critical support level, indicating a possible recovery in the future.
3. Legal issues:
The Securities and Exchange Commission (SEC) has fined Jump Crypto subsidiary Tai Mo Shan for fraud related to TerraUSD, reflecting the legal risks facing companies in this space.
4. Increased hacking:
The cryptocurrency industry has seen an increase in hacks, with over $2.3 billion stolen in 2024, raising concerns about the security of platforms.
Technical analysis:
Technical analysis relies on studying charts and past price patterns to predict future trends. This involves using technical indicators such as MACD and RSI to determine entry and exit points. For example, if there is a decline in prices with negative signals from technical indicators, this may indicate potential further declines.
Combining the two analyses:
Combining event analysis with technical analysis can help traders make informed decisions. For example, if there is positive news about a new partnership with a large company, this can coincide with positive technical signals, indicating a good buying opportunity.
In short, it is essential to follow news and market developments along with technical analysis to make the most of market movements.