THE NEWS THAT SPARKED THE CRYPTO MARKET..$SOL $XRP $ETH #CZ'sTokenModelIdea is the rise in the price of the cryptocurrency Story (IP), which increased by 34.95% in the last 24 hours. This happened despite the overall decline of the crypto market, and analysts believe that IP could reach a new all-time high.¹
The rise of IP was due to a bullish rally, which caused the price of the cryptocurrency to exceed $9 per unit. Although it later dropped to $7.23, analysts believe that IP could continue to rise.
It is important to highlight that the crypto market has been volatile in recent weeks, with Bitcoin falling to less than $85,000 after having surpassed $100,000.² However, the rise of IP is a sign that the crypto market remains attractive to investors.
IF I TOLD YOU WITH MY EXPERIENCE IN THE CRYPTO MARKET, I KNEW THAT THE ICE AGE WAS COMING, IT WAS TIME TO SELL WITH PROFITS TO BUY IN THE FALL ...!!???
MialmaSol
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And the whole market seems to want to enter the ice age again $XRP #AIandStablecoins #BinanceAlphaAlert #MarketLiquidation The cryptocurrency market has experienced significant volatility in recent years, and it is often associated with periods of economic uncertainty. During an "ice age" in the market, we may see:
1. **Price drops:** Cryptocurrencies can lose value quickly, which can scare away investors. 2. **Stricter regulations:** Governments may implement more severe regulations that affect the operation of cryptocurrencies. 3. **Lower adoption:** Businesses may be reluctant to accept cryptocurrencies as a form of payment due to market instability. 4. **Increased volatility:** Speculation may increase, which can lead to more erratic price movements.
However, some investors see these times as opportunities to buy at low prices.
And the whole market seems to want to enter the ice age again $XRP #AIandStablecoins #BinanceAlphaAlert #MarketLiquidation The cryptocurrency market has experienced significant volatility in recent years, and it is often associated with periods of economic uncertainty. During an "ice age" in the market, we may see:
1. **Price drops:** Cryptocurrencies can lose value quickly, which can scare away investors. 2. **Stricter regulations:** Governments may implement more severe regulations that affect the operation of cryptocurrencies. 3. **Lower adoption:** Businesses may be reluctant to accept cryptocurrencies as a form of payment due to market instability. 4. **Increased volatility:** Speculation may increase, which can lead to more erratic price movements.
However, some investors see these times as opportunities to buy at low prices.
#USTariffs Trade war refers to economic tensions between countries, where tariffs or trade restrictions are imposed with the aim of protecting the national economy or influencing the policies of other countries. A prominent example is the dispute between the United States and China, which has led to tariffs being imposed on a wide range of products.
The consequences of these trade wars can be significant, affecting both the economies of the countries involved and the global economy. They can lead to increases in product prices, difficulties for companies that rely on international supply chains, and a slowdown in economic growth.
In addition, these tensions can have repercussions on diplomatic relations and international cooperation. Overall, trade war is a complex issue that reflects the interconnections and dependencies of modern economies.
In the chart, the upper limit of the realized price is currently at $5.2K, similar to the market peak in 2021. The current price of ETH is $3.8K, while the average realized price is $2.3K.
If the supply and demand dynamics continue to strengthen, ETH has everything to surpass $5K.
The market has two key support levels at $90 thousand and $93 thousand, which is a positive sign that the floor has risen. Trading volume peaks are decreasing, which is a neutral signal indicating that traders are avoiding taking on excessive risks.
Currently, the price is trapped in a narrow range between $99 thousand and $102 thousand. Any significant news could trigger a market movement in either direction.
This is the current macroeconomic situation for BTC from a technical analysis standpoint.
*Cryptocurrencies with technical weakness* 1. Bitcoin SV (BSV) 2. Bitcoin Cash (BCH) 3. Litecoin (LTC) 4. EOS 5. TRON (TRX)
*Factors that may influence the drop* 1. Government regulations. 2. Changes in monetary policy. 3. Stock market decline. 4. Security issues. 5. Competition with new cryptocurrencies.
*Recommendations* 1. Diversify your investments. 2. Research before investing. 3. Set risk limits. 4. Monitor technical indicators. 5. Consult with financial experts.
without much explanation this is my analysis of Solana, if it doesn't show signs of a hammer candle or a tall candle with a thick green body. we will see Solana at 175 otherwise we will see Solana reaching its historical maximum or correction .... draw your own conclusions
Aevo (AEVO) has shown a strong upward momentum, with an impressive 8.91% gain in the last 24 hours and a 26.10% increase over the week. Trading volume is high at $215.87M, indicating significant market interest. The current price is nearing the 24-hour high of $0.605517, suggesting potential for further bullish movement. However, with AEVO's all-time high of $4.46, there is room for longer-term upside. Considering its steady performance over the past 30 and 90 days, this signal favors short-term gains while allowing flexibility for further growth.
🚨Note: Trade at your own risk; this signal is not guaranteed. DYOR 🙏
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- Bearish divergence on the histogram and MACD suggests a continuation of the bearish movement. - RSI in oversold zone indicates a possible bounce, but not necessarily a change of trend. - Moving averages (EMA200, EMA50 and WMA35) are above the current price, suggesting a bearish trend.
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~The drop in the price of Bitcoin (BTC) to around $70,696.37 could be indicative of a bearish trend in the cryptocurrency market¹. However, it is important to note that the cryptocurrency market is highly volatile and subject to rapid changes.
Some technical analysts suggest that Bitcoin may be approaching a symmetrical triangle pattern, which could indicate a trend breakout². Other analysts point to the possibility of a correction down to $65,600 before a potential recovery².
It is essential to remember that price predictions are uncertain and can vary depending on several factors, including global economic factors and market events.
*Factors that may influence the price of Bitcoin:*
- _Market trends_: Changes in market sentiment can affect the price of Bitcoin. - _Global economic events_: Changes in the global economy can influence the price of Bitcoin. - _Technological developments_: Advances in blockchain technology could affect the price of Bitcoin.
For updated information on the price of Bitcoin, it is recommended to consult reliable sources such as TradingView or Binance¹².~
Based on the technical analysis I provided, for a short position in Bitcoin with an entry at 70,590. Below, I present an interpretation of the indicators I mentioned:
- RSI (Relative Strength Index): 60.7 (not overbought or oversold) - MACD (Moving Average Convergence Divergence): - MACD Line: 1960.45 - Signal: 1680.58 - Histogram: 282.79 (indicating an increase in the strength of the movement)
*Analysis:*
- The entry at 70,590 is above the support of the 35-period moving average (WMA 35) and the support of the middle Bollinger band (BB MEDIAN). - The RSI does not indicate overbought or oversold conditions. - The MACD shows an increase in the strength of the movement, but the divergence between the MACD line and the signal is not clear.
*Trading Strategy:*
- Consider setting a stop-loss above the resistance of the BB UPPER (72,526). - Set a profit target at the support of the BB LOWER (63,1116) or at the long-term support of the EMA 200 (63,304). - Monitor the RSI and MACD to adjust your strategy according to changes in market momentum.
Remember that technical analysis is not an exact science and there is always risk in trading. Make sure to manage your risks appropriately.