#ACHUSDT ACH overall doesn't look bad long term but i will | Mr_Tycoon23 on Binance Square

Trending Articles

Bookmarked and Liked

--

Bullish

#ACHUSDT
ACH overall doesn't look bad long term but i will only pick up few spot bags only when some strongness above orange line🤑
Will look at a  position when #btc settles. 🏁🏁
$ACH 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ACH

0.01989

+5.12%

1.1k

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-931353863

Explore More From Creator

XAGUSDT analysis shows a bullish trend, mirroring XAU/USD's movement, which has broken through the $2,700 psychological level and reached a new all-time high. This surge is driven by the increased prospects of global easing, with central banks accelerating their monetary easing cycles by cutting interest rates. The European Central Bank's recent decision to lower its deposit rate by 25 basis points is a significant turning point in this trend. Key Levels to Watch: - Primary Support: $2,700 (key level) - Primary Resistance: $2,750 (significant round number) - Secondary Support: $2,685 (September high) The Relative Strength Index (RSI) is currently overbought, advising long-holders not to add to their positions due to the increased risk of a pullback. However, silver's strong overall uptrend suggests that any corrections are likely to be short-lived, and the bull trend will resume. Fundamental Drivers: - Central banks' easing cycles: The European Central Bank, Bank of England, and Bank of Canada are expected to cut interest rates, making silver more attractive. - US data: Strong US retail sales and initial jobless claims data may limit the upside for silver. - Global economic uncertainty: Silver is known to be a safe-haven asset, expected to increase its value in times of volatility and economic uncertainty. Keep in mind that cryptocurrency and commodity markets are highly volatile, and analysis is subject to change. Always do your own research and consider multiple sources before making investment decisions. #silvertrader $ETH

--

💲USDT DOMINANCE ANALYSIS📌 USDT Dominance, which measures the ratio of USDT's market capitalization to the total cryptocurrency market capitalization, is currently at 7.4%. This indicates that USDT's market share has decreased slightly. Key Observations: 1. Decreasing trend: USDT Dominance has been declining since its peak in 2022, indicating growing interest in alternative stablecoins and cryptocurrencies. 2. Competition from other stablecoins: USDC, BUSD, and DAI have gained market share, challenging USDT's dominance. 3. Correlation with Bitcoin: USDT Dominance tends to decrease when Bitcoin's price increases, suggesting investors are shifting to more volatile assets. Technical Analysis: - RSI: 43.6 (neutral) - MACD: Bearish crossover - Moving Averages: USDT Dominance is below its 50-day and 200-day moving averages Fundamental Drivers: 1. Regulatory environment: Clarity on stablecoin regulations could impact USDT's market share. 2. Market sentiment: Investor appetite for riskier assets may reduce USDT's dominance. 3. Competition: Emergence of decentralized stablecoins and central bank digital currencies (CBDCs) could challenge USDT. Trade Ideas: - Long USDT Dominance: Entry at 7.0%, target 8.5% - Short USDT Dominance: Entry at 7.8%, target 6.5% Keep in mind that cryptocurrency markets are highly volatile, and analysis is subject to change. Always do your own research and consider multiple sources before making investment decisions. $USDC #BTCSoarsTo68K

--

🔥*GOLD/XAUUSD AT ALL TIME HIGH*📈🪙 XAUUSDT is looking bullish today, breaking through the $2,700 psychological level and reaching a new all-time high. This surge is largely driven by the increased prospects of global easing, with central banks accelerating their monetary easing cycles by cutting interest rates. The European Central Bank's recent decision to lower its deposit rate by 25 basis points is a significant turning point in this trend. Key Levels to Watch: - Primary Support: $2,700 (key level) - Primary Resistance: $2,750 (significant round number) - Secondary Support: $2,685 (September high) The Relative Strength Index (RSI) is currently overbought, advising long-holders not to add to their positions due to the increased risk of a pullback. However, gold's strong overall uptrend suggests that any corrections are likely to be short-lived, and the bull trend will resume. Fundamental Drivers: - Central banks' easing cycles: The European Central Bank, Bank of England, and Bank of Canada are expected to cut interest rates, making gold more attractive. - US data: Strong US retail sales and initial jobless claims data may limit the upside for gold. Overall, XAUUSDT's bullish trend is expected to continue, driven by global monetary easing and central banks' decisions. However, investors should be cautious of potential pullbacks and keep an eye on key levels and fundamental driver. #GOLD_UPDATE $BTC

--

🌍 Ethereum’s DApp Activity Drops Despite Price Stability: Despite Ethereum's recent price stability 📈, DApp activity on the network has dropped by 23%. This has raised concerns about the sustainability of the network's growth 📉, especially with declining ETF interest. However, Ethereum remains a key player in the DeFi space as developers focus on scalability solutions 🛠️. 🌍 Ethereum’s DApp Activity Drops Despite Price Stability: Despite Ethereum's recent price stability 📈, DApp activity on the network has dropped by 23%. This has raised concerns about the sustainability of the network's growth 📉, especially with declining ETF interest. However, Ethereum remains a key player in the DeFi space as developers focus on scalability solutions 🛠️. 💻 Ethereum's decentralized application (DApp) activity has taken a hit, dropping 17-23% despite the stability in its price. This decline has sparked concerns about the network's overall health and potential impact on its value. The price of Ether (ETH) has shown strength, jumping 9.4% from October 10 to October 15, reaching a two-week high of $2,687. However, this upward momentum hasn't translated to increased DApp activity. In fact, the Ethereum network saw a 23% decline in on-chain DApp volumes over the past seven days. Key Factors Contributing to the Decline: - Weak Spot Ether ETF Flows: A decrease in exchange-traded fund (ETF) flows may be contributing to the decline in DApp activity. - Lack of Breakthrough Above $2,450: ETH's struggle to break above the $2,450 resistance level may be impacting investor confidence. Despite this downturn, some experts remain optimistic about Ethereum's long-term prospects. However, the current decline in DApp activity warrants close monitoring to understand its implications on the network's growth and stability. $ETH #BNBRisesTo600

--

*Caught in the Loop: How Inner Focus Sabotages Your Trading* 🧠🧠 was speaking to a trader today who couldn't accept their daily loss limit they came to me saying they had a risk management problem but I said it's not a risk management issue it's a thinking issue. You know what to do, your just not doing it. Once you hit a loss you become triggered by the event either through an automatic thought, feeling or image and instead of letting it go you end up in excessive inward mode, this is the state were you overthink, over analyse, and obsess over the incident. And by staying in this mode you end up making the event even stronger and more relevant. You stay with the negative thoughts which lead to the negative consequences aka not respecting risk. *Here's how it looks* ... *Event > Triggered > Inward Focus > Negative Outcome* The reason you can't accept a losing day is because you can't let the thoughts go, identify with them and you stay in your own head. Instead you need to be able to detach from the trigger and learn to deal with it more healthily. In other words you need to work on changing your 'thinking' strategy. $BTC #TeslaTransferBTC

--

Latest News

Memecoin Expected To Outperform Altcoins By 2025

--

Magic Eden Plans Major Update For ME Token Claiming

--

Magic Eden Hints At Potential Integration With Berachain

--

Correlation Between ETH And Treasury Yields Highlighted By Analyst

--

Bitcoin Whales Accumulate Amid Price Surge

--

Trending Articles

Expert Calls On Ripple Community To Collectively Send XRP Price On 1,800x Rally To $1,000

Crypto Breaking

💰Navigating Big Crypto Withdrawals: Will Your Bank Inquire About the Source of Your Millions?

Future Trading is Easy! Here are few im

AFG_Crypto_Club

🚀 $PEPE Price Forecast 2024 - 2030: Is

$BTC 🚨 Liquidity Sweep Alert! 🚨 Ge

Cookie Preferences

ba-one-trust-cookie