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Bitcoin again back to support level.
Bitcoin again back to support level.
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#BTC/USD #BinanceTournament #AirdropGuide #BTC Not much to say—$BTC continues to stay within its range. In the short term, it’s expected to get rejected at the Local Supply Zone🔽 and decline to the Daily Demand Zone📉. ❗️There is only a small risk involved when trading within this range.
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#DogecoinCommunity #BinanceTournament #AirdropGuide 🐶 is moving in a descending channel in the 4-hour time frame and is now in the middle of it. The price reacts well to the ceiling and floor of the channel. This descending channel is actually a correction of an upward trend in the daily time frame. Therefore, the long-term trend is still upward. According to the current market trend , reducing volatility and the global markets is closed., the price is expected to slowly move towards the important support of $0.122-0.11260. This level is very important, and we can expect strong support from this level📊
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#PEPE #BinanceTournament #AirdropGuide ANALYSIS: PEPE is currently in the demand zone on 4hr given rallies from here in the past the lower trendline is also acting as support. But currently PEPE is facing trendline resistance on 4HR for the bullish continuation it need a successful breakout.
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#BinanceTournament #NEO/USDT #NEO analysis: The price has broken below a major support area and is currently trading below it. We might see a retest of this area. If the price cannot break above this level, then we could expect a continuation of the downtrend towards the lower support area. It's advisable to wait for some time before considering new entries. Support Area: $9.80-$10.40 Resistance Area: $13.80-$14.65
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#BinanceTournament #TopCoinsJune2024 #bitcoin Bitcoin miner balances have been steadily declining since late 2023, hitting multi-year lows as sell-offs increased after the April 2024 halving. According to Glassnode data, balances dropped from 1.84 million BTC in early 2023 to 1.8 million $BTC by May 2024. This trend highlights miners' need to cover operational expenses following reduced block rewards.
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