The volatility of the cryptocurrency market has gradually increased recently, so everyone must maintain a good attitude.

At present, most of the friends are in a state of loss, but there is no need to be pessimistic, and we should look to the more distant future. When Li Xiaolai, Bao Erye and others invested in Bitcoin, they were cut in half as soon as they entered the market. Most people chose to cut their losses and leave, but they persisted.

From past history, we can find that Bitcoin has never disappointed its long-term investors, not even once. Every time it falls, someone will come out and declare that Bitcoin is going to return to zero, but every time Bitcoin can return as if it is riding on a colorful cloud.

If you have already established a position when the price is around 60,000, then it is undoubtedly the right choice to stay away from the cryptocurrency circle moderately and buy it when it is fixed. If your position is not enough, then it is wise to invest regularly or buy on dips.

There is not much time left for us to buy at low prices. The market makers have been carefully laying out their plans at low prices. Once their plans are completed, the market will start in an instant. At that time, most retail investors can only buy at high prices and then be ruthlessly harvested.

After deeply understanding this, everyone will feel extremely tormented and lonely. After more than half a year of continuous losses, everyone is now in pain, but please believe in Bitcoin and believe that the bull market in the currency circle will surely come with the arrival of the interest rate hike cycle.

Come on, people in the cryptocurrency world!

比特币价格自5月初以来首次升破50,000美元- WSJ

Focus on ambush these 3 altcoins and explode 100 times!

1. HIM

Uniswap (UNI) has seen strong price gains today, while many other major cryptocurrencies have seen losses. Recent price action reflects growing excitement about a potential breakout, suggesting UNI may soon see further gains. Another key factor driving this rally is the growing activity within the Uniswap ecosystem.

Someone recently expressed an extremely bullish outlook on UNI, claiming that the token is on the verge of a major breakout. It has already bounced off daily and weekly support levels, showing great resilience in price action. The analyst also praised the Uniswap ecosystem, calling it one of the strongest in crypto, and noted its rapid expansion. With this momentum, UNI is even expected to rank among the top five cryptocurrencies in the current market cycle.

Looking at the chart, UNI/USDT is attempting to break out of a descending resistance line that has been weighing on prices for some time. This breakout is a solid bullish indicator and strongly supports the view that UNI will surge higher. UNI has been finding support in the $6.00 to $6.50 range, showing strong buying interest. This area has formed double and triple bottom patterns, further reinforcing its importance as a support level.

Currently, UNI is testing the $7.50 to $8.00 range, with bullish momentum driving prices higher. Today’s 3.99% price increase shows growing interest, with upside targets now within reach. Additionally, Uniswap Labs is gearing up for Uniday at Devcon on November 11, which will feature talks from community members, developer demos, and DeFi innovation workshops. The event highlights the strong community support and thriving growth in the Uniswap ecosystem.


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2. EVEN

Celo (CELO) is unique in its focus on enabling cryptocurrency adoption in emerging markets, especially through mobile technology. The platform allows people to send and receive funds with just a phone number, greatly reducing the barrier to entry for cryptocurrency newcomers. Celo also strongly supports stablecoins, providing users with strong protection against market volatility. As mobile technology expands across the world, Celo's focus on accessibility creates an excellent opportunity for the popularization of cryptocurrency. Its strong commitment to financial inclusion is particularly noteworthy.

Celo is steadily transitioning to a second layer (L2) solution for Ethereum (ETH), a move that has greatly boosted stablecoin activity on the platform. According to Artemis data, Celo has now surpassed Tron (TRX) in terms of daily active addresses associated with stablecoin usage. It has also successfully surpassed networks such as Solana (SOL), The Open Network (TON), and BNB Chain in this category, fully highlighting its growing influence.

Celo has had a strong showing in recent trading, starting from a low of $0.6945 and rising to a 24-hour high of $0.7471. At the time of writing, its price is $0.7337, up 9.55%. This phenomenon indicates a significant increase in buying activity and positive market sentiment.

Celo is trading 40.52% above its 200-day simple moving average (SMA) of $0.524995. In the past 30 days, there have been 19 days of uptrend, accounting for 63% of the period. As of October 6, 2024, technical indicators show a positive outlook. If Celo can maintain its current momentum, more uptrends may occur. However, traders should be cautious and manage risks properly when making decisions.

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3. AND 

Looking at the price of OG Fan Token on a 4-hour timeframe, it can be seen that the token is currently trading at around $8.2758, showing a slight decline of 1.85%. The clear support level is roughly around $7.50, where the price has previously rebounded, which undoubtedly indicates that its potential upside foundation is relatively solid.

The chart clearly shows more upside potential, with the upward arrow suggesting that the bullish trend is likely to continue following the recent pullback.

The moving averages (MAs) also provide strong support to this outlook. The 50-period simple moving average (SMA) is $5.3275, and the 200-period SMA is $3.5824. Since the price is well above both of these moving averages, this further strengthens the overall bullish trend, as these moving averages usually act as support during the market's rise.

The market is in a neutral to slightly bullish phase with the Relative Strength Index (RSI) currently at 59.92. The RSI is neither overbought (above 70) nor oversold (below 30), which suggests that the market still has room to rise further without reaching extreme levels.

While there is a lack of clear volume data on the chart, a major price rally in early October, when the coin surged above $14, suggests that trading activity was high at the time. Consolidation at current price levels could mean that the coin is gathering momentum for another uptick.

Overall, the outlook for OG Fan Token is positive, with the $7.50 support level being a key point to watch closely. As long as the price remains above this level, the potential for further gains remains strong. If the upward momentum can continue, the token has the potential to challenge the $14 resistance level again.


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