Watching the market without selling can sometimes be a good | Souraya on Binance Square

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Watching the market without selling can sometimes be a good strategy, especially if you're expecting long-term growth.

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“Why ADA & ETH Are the Best Crypto Picks Right Now!”

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“🚀 Hold tight, the market is moving up! 💹 ADA is looking strong and ready to climb ⬆️. Keep the faith, stay patient, and let the gains come to you! 📈 #BullishVibes #ADA Be optimism while referencing ADA (Cardano) and the potential for upward movement in the market. It’s positive!‼️ ADA (Cardano) and the potential for upward movement i#🛑 selling and take profit as soon as you see it in the resistance level!! Buy Buy Don’t sell‼️

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🚀 Ethereum’s Bullish Momentum: Let’s Ride the Wave! 🚀💯 Key Resistance Levels: • $3,300: Short-term resistance level. A break above this could target $3,376.57. • $3,419: Midline of the Bollinger Bands, indicating potential for upward movement even her don’t sell🛑 ‼️❌❌ Key Support Levels: • $3,200: Critical support level. Failure to hold this may see ETH test the $3,116 support level. • $3,116: Critical support level to monitor. • Stop-Loss: Place a stop-loss order below the $3,200 support level to manage potential downside risk. Positive day for Etherum $ETH

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🚀 Ethereum’s Bullish Momentum: A Meme-Inspired Surge! 🚀 Ethereum (ETH) is currently trading at $3,237.47, reflecting a slight decrease of 0.084% from the previous close. The intraday high reached $3,317.05, indicating positive momentum. Key Resistance Levels: • $3,300: Short-term resistance level. A break above this could target $3,376.57. • $3,419: Midline of the Bollinger Bands, indicating potential for upward movement if reclaimed. Strategy: • Buy: Consider entering a position near current levels, capitalizing on potential upward momentum. • Sell: Set a target but don’t sell a at the first resistance level, such as $3,300, wait for next and third resistance level I will keep you informed 📌‼️ • Stop-Loss: Place a stop-loss order below the $3,200 support level to manage potential downside risk. Please note that cryptocurrency markets are highly volatile. It’s essential to conduct thorough research and consider your risk tolerance before making investment decisions. The intraday high reached $3,317.05, indicating positive momentum. Why the Bullish Outlook? • Meme Coin Surge: The rise of meme coins has historically spurred broader market enthusiasm, often benefiting established cryptocurrencies like Ethereum. As meme coins gain popularity, they can drive increased attention and investment into the crypto market, potentially boosting Ethereum’s price. • Positive Sentiment: Crypto influencers and communities are expressing optimism about Ethereum’s future. For instance, a recent tweet highlighted the bullish sentiment surrounding Ethereum memes, suggesting that with ETH at $4,000, the market could experience significant growth. Potential for Growth Conclusion Ethereum’s current performance and the surrounding positive sentiment suggest a bullish trend. Investors should monitor the market closely and consider the current positive indicators when making investment decisions. Buy and don’t Ruch and sell

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As of January 12, 2025, the cryptocurrency market is experiencing notable developments. In recent news, MicroStrategy has announced plans to issue $2 billion in preferred stock to acquire additional Bitcoin, reinforcing its commitment to cryptocurrency investments. Additionally, Bitcoin has recently surpassed the $100,000 mark but has since retracted to approximately $93,500. Analysts are monitoring key support levels at $92,000 and $87,000, with resistance anticipated around $100,000 and $106,000. Investors should remain vigilant regarding market volatility and stay informed about regulatory developments and institutional investment trends that could influence cryptocurrency valuations.$BTC

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