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🚨Note: There is a reward in my first article🚨📈
With the growing interest in the cryptocurrency market, traders are looking for ways to spot coins that may see a surge in value. On the Binance platform, there are several indicators and strategies that can help you identify promising coins before they surge. Here is a comprehensive guide to learn how to pick coins that may show good gains.
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1. Analysis of trading volumes and liquidity 📊
Why is it important?
Currencies with high trading volumes and good liquidity are often more stable and likely to rise.
A sudden increase in trading volumes can be a sign of strong investor interest.
How to check:
Open the Binance platform, and go to the Markets section.
Focus on currencies that have seen an increase in trading volume over the last 24 hours.
Coins that are rising in the Top Gainers or Trending list are worth following.
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2. Monitor news and advertisements 📰
How does news affect the market?
Any partnership announcement, network update, or listing on a new trading platform usually results in a rise in the price of the coin.
Coins associated with NFT or AI projects often see increased interest.
How do you follow the news?
Follow the official Binance Twitter account and the news section on the website.
Use sites like CoinMarketCap and CoinGecko to read the latest updates.
Subscribe to the official Telegram channels of the projects.
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3. Follow whales and big wallet movements 🐋
Who are the whales?
They are large investors who own huge amounts of cryptocurrencies, and their movements often lead to price changes.
How do you follow them?
Use tools like Whale Alert to track large transfers between wallets.
Visit blockchain analysis sites to see the movements of major wallets.
If you notice that whales have started buying a particular coin, it could be an indication of an imminent rally.
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4. Study technical analysis 📈
What is technical analysis?
It is the study of charts and forecasting price movement through historical patterns.
Important indicators:
RSI (Relative Strength Index): If it is below 30, the currency may be in a buy zone.
MACD: When there is a positive crossover, this may be an indication of an imminent rise.
Volume: A sudden increase means a possible rise soon.
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5. Project Analysis and Core Technology 🔍
How do you do it?
Read the project's white paper.
Check out the founding team and past experiences.
Make sure there is an actual product or solid technology behind the coin.
Points to focus on:
Does the project solve a real problem?
Are there strong partnerships with major companies?
Does the currency have widespread use cases?
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6. Follow social media platforms 📱
Twitter, Telegram, and Discord are active places for cryptocurrency communities.
Coins that have active communities and strong funding often see sudden spikes.
> Tip: Look for coins that are heavily mentioned on social platforms, as the media hype may lead to increased demand.
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7. Monitoring the listing of new currencies 🚀
Newly listed coins on Binance often see significant spikes in their first few days.
You can check the Launchpad or Binance Listings section to see upcoming projects.
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Conclusion 🎯
Knowing which coins will rise on Binance requires a combination of research, news following, and technical analysis. Don’t rely on
Just on luck – use data and indicators wisely, and always stay up to date with the latest developments.
> "Smart trading starts with knowledge and good planning."