Italy's crypto tax hike has hit the industry hard:😴🫨😵‍💫

*Highlights of Tax Increase:*

1. Capital gains tax increased to 26% (from 14%).
2. Applies to crypto profits above €2,000.
3. Additional 3% tax on crypto transactions

*Results:*

1. Decline in investment and commercial activity
2. Increased costs for crypto businesses
3. Difficulty in attracting foreign investors
4. Possible shift to decentralized exchanges (DEXs) or foreign platforms
5. Adverse effects on innovation and adoption

*Community Reaction:*

1. Outrage among Italian crypto enthusiasts
2. Concerns about competition and innovation
3. Demand for revision or cancellation of tax increase

*Future uncertainty:*

1. Potential brain drain of crypto talent
2. Decrease in market liquidity
3. Challenging environment for startups

Italy's crypto tax hike has created uncertainty, forcing investors and businesses to reconsider their presence in the country. $BTC #BinanceBlockchainWeek #16thBTCWhitePaperAnniv #CryptoMarketMoves #writetoearnings #TaxTalk

$RARE $RARE $RARE

✅Current Overview.

Key Levels📈

Resistance: Immediate resistance is around $0.1023 to $0.1030. A recovery above this range would be needed to signal a reversal of the current downtrend.

Support: The key support level is near the 24h low of $0.0961. If RARE breaks below this level, it could signal further downside.

Trend Direction: Bullish or Bearish?💎

Currently, RARE/USDT is experiencing a bearish trend, with the recent decline and lower lows. Unless it breaks above $0.1023, the trend may continue to be bearish.

Targets💥

Upside: If RARE manages to regain strength and surpass $0.1023, it could target $0.1050 as the next short-term resistance.

Downside: A drop below $0.0961 could lead to a further decline towards $0.0940 as the next support level.

Summary

RARE/USDT is currently in a downtrend with strong selling pressure. Monitoring the resistance at $0.1023 and the support at $0.0961 will provide insight into the short-term trend.

A recovery above the resistance could shift momentum, but further declines may occur if support breaks. ✅
#RAREUSDT #RARE/USDT. #USElections2024Countdown #NovemberMarketAnalysis #writetoearnings

$ETC USDT

Key Information:

Current Last Price: $18.559, with a 24-hour
decrease of 4.93%.
Mark Price: $18.556.

24-Hour High: $19.668, which acts as a potential

resistance level.
24-Hour Low: $18.415, serving as a support level.

24-Hour Volume:
ETC Volume: 3.23 million ETC.
USDT Volume: 61.71 million USDT.

Depth Analysis:
Sell orders around 19.399 and 19.352 suggest resistance at these levels.
Buy orders near 18.415 and 18.368 indicate support in this range.

🔥Technical Indicators:

Moving Average (MA): The moving average at recent timeframes will help show the current trend direction.
Bollinger Bands (BOLL): Bollinger Bands, updated on October 31, 2024, can be used to check volatility and potential breakout levels.
SAR (Stop and Reverse): This is useful for determining potential entry and exit points in the trend.
EMA (Exponential Moving Average): A shorter-term trend indicator that may signal momentum changes.
MACD: Look for any crossover to indicate potential trend changes.

RSI: RSI levels near overbought or oversold conditions can help signal possible reversals.
Potential Targets:
Upside:

Immediate Resistance: If ETC holds above $18.559, it could aim to retest the resistance around $19.668.
Further Upside: A breakout above $19.668 may set a target around $20.00 or higher, depending on market strength.

📊Downside:
Immediate Support: If ETC falls below $18.415, the next support level could be around $18.00.
Further Downside: A drop below $18.00 might see ETC testing the $17.50 level if bearish momentum continues.

✅24-Hour Outlook:

ETC's movement within the next 24 hours will likely be influenced by how it reacts to the support at $18.415 and resistance at $19.668. Monitoring trading volume, depth, and indicators like the MACD and RSI can provide insights into whether a trend continuation or reversal is likely.
$ETC
#1Mviews #BinanceBlockchainWeek #MarketExperts #16thBTCWhitePaperAnniv #writetoearnings

🚀🚀🚀Pi Network coin price prediction for 2024-25:🚀🚀🚀

🌏🌏🌏*Short-Term Predictions (2024):*

1. January: $0.50 - $1.50
2. Q2: $1.50 - $3.00
3. Q3: $2.50 - $4.50
4. Q4: $3.50 - $5.50

🚀🚀🚀*Long-Term Predictions (2025):*

1. January: $5.00 - $7.00
2. Q2: $7.50 - $10.00
3. Q3: $10.50 - $12.50
4. Q4: $12.00 - $15.00

💫💫💫*Factors Influencing Price:*

1. Adoption rate
2. Network growth
3. Partnerships and collaborations
4. Regulatory environment
5. Market sentiment

📝📝📝*Expert Opinions:*

1. Some predict $10-$20 by 2025
2. Others forecast $5-$15 by 2024

✍️✍️✍️*Important Notes:*

1. Predictions are speculative
2. Cryptocurrency markets are highly volatile
3. Price fluctuations can be unpredictable

🧐😇😇Keep in mind that these predictions are based on current trends and available data.
$BNB
#BinanceBlockchainWeek #USJoblessClaimsDip #BTCBreak69K #CryptoPreUSElection #writetoearnings