In the currency market, accumulation simply means buying a large amount of currency gradually and in stages, without these operations being clearly visible to the market. The idea is that large traders or investors (or as they are called "whales") quietly buy the currency over a long period of time while the price is low or stable. 🔍 Why do they do this? Because they build a strong position in the currency before the price starts to rise. Therefore, after a period of accumulation, demand begins to increase, which leads to a significant rise in the price. 💡 Bottom line: Accumulation is a preparation for the market before a strong rise, and you need to be smart enough to notice these operations before the rise begins
$NEIRO Total supply of Nero 420 billion coins Currently 376 billion coins, less than 50 billion left I think the currency will rise dramatically, and God knows best The first time this has happened since the currency was listed ❤️🙌
3 models of currency movement currently achieved the same wave as March 2024 and at the same percentage, and the rest that did not complete its percentage will complete it either before or after the correction. (1) Such as LINK + ANKR (2) ARB + ATOM (3) DOT + SUSHI Now you understand what I said when I said that the market maker must distribute liquidity to everyone and the currencies move at the same pace as their previous wave, but the second stage of the rise will be different and will be the stage of huge money and heavy speculators and every currency and its lightness and strength.
Well, is there a currency that violated this perception and rose with a larger wave? .. Yes Such as: XRP + ADA + ALGO + HBAR and others, and their second stage will be stronger.
Shiba Inu (SHIB) is a popular cryptocurrency known as a “meme coin” that is widely used in the cryptocurrency community. Shiba Inu is among the cryptocurrencies with a large market cap, with a market cap of around $17.95 billion, with a daily trading volume of $2.90 billion.
Shiba Inu Technical Analysis:
According to the latest technical analysis, the price of Shiba Inu has seen a slight decline during recent trading, trying to gain positive momentum that may help it recover and rise again. It is noted that the price is trading above its 50-day simple moving average, indicating a continuation of the bullish trend in the short term. If the price manages to break the resistance level of $0.00002820, it is expected to target the next resistance level at $0.00003947.
Future Predictions:
Some analysts expect Shiba Inu to see an increase in its value in the coming years. For example, some forecasts suggest that the price of the coin could reach $0.0001 by 2025. However, investors should be careful, as the cryptocurrency market is known for its high volatility.
Note:
Please note that the information provided here is for informational purposes only, and does not constitute investment advice. It is always advisable to conduct your own research and consult a financial advisor before making any investment decisions$SHIB
In recent years, cryptocurrencies have become a global focus, with many experiencing huge increases that have made their owners millions of dollars. You may have heard of people who invested in Bitcoin or Ethereum in the early days with small amounts, only to find themselves among the ranks of millionaires later. Could you become one of them?
On December 1, 2024, Ripple (XRP) saw a significant increase in its value, reaching around $1.94, an increase of $0.10 (0.05435%) from the previous close. Its value during the day ranged between $1.77 and $1.94.
Factors affecting the price of XRP:
1. Regulatory developments: Ripple’s case with the US Securities and Exchange Commission (SEC) continues to impact the price of XRP. A positive ruling in Ripple’s favor may boost investor confidence, while a negative ruling may lead to a decline in the price.
2. Market sentiment: XRP is influenced by the general cryptocurrency market trends. A rise in Bitcoin and Ethereum prices may push XRP higher, while a market downturn may negatively impact it.
3. Ripple growth and developments: The expansion of the Ripple network and its adoption by financial institutions boosts the value of XRP. Any new partnerships or technological updates may push the price higher.
4. Global Economic Conditions: Economic factors such as inflation and interest rates affect the demand for cryptocurrencies. In times of economic uncertainty, investors may look for alternatives such as XRP.
Future Predictions:
Some analysts expect the price of XRP to reach $5$XRP $by the end of 2024, considering its technological utility and future developments.
Today's monthly closing: November - Bitcoin was hacked - The market cap was hacked - The largest USDT in the history of cryptocurrencies was printed $16 billion. $BTC Copied
Morocco begins preparing a file to legislate digital currencies According to what was announced by the Governor of the Central Bank of Morocco, Abdellatif Jouahri. Despite the ban on digital currencies in Morocco since 2017, the use of digital currencies is still high. 2025 is the year of "global adoption of digital currencies" 💸
Since most of the currencies that moved with Bitcoin the first time to breakout are moving today, they may try to break $100,000 any moment.
The acquisition that has the word now will either help Bitcoin to breakout or the rest of the currencies will help it with the decrease in acquisition.$BTC