$API3 /USDT
Certainly! Hereâs a concise post about identifying a key spot and resistance in trading:
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**Spotting Support and Resistance Levels in Trading**
In trading, understanding **support** and **resistance** levels is crucial for making informed decisions. **Support** refers to a price level where an asset tends to stop falling, as buying interest increases. On the other hand, **resistance** is a price level where an asset typically stops rising, due to selling pressure.
Identifying these levels helps traders anticipate market behavior. For instance, when a price approaches a support level, it may indicate a buying opportunity, as the asset could bounce back. Conversely, nearing a resistance level may suggest selling, as the price might drop after reaching it.
Technical analysis tools like trendlines, moving averages, and historical price data are often used to pinpoint these levels. For effective trading, itâs essential to monitor price movements around these points. If a price breaks through a resistance level, it may signal a strong upward trend, while breaking through support could indicate further decline.
Mastering the identification of support and resistance levels can significantly enhance your trading strategy, leading to more precise entry and exit points.
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This post is focused on the importance of spotting support and resistance in trading, keeping it under 200 words.#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole
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Markets locked in PCE data that the Fed attaches great importance
The inflation indicator core PCE, which is closely followed by the Fed, will be announced today. The data is expected to be announced as 2.7 percent per year.
Markets are locked to the Core Personal Consumption Expenditure Price Index (Core PCE). This data, which measures how much consumers pay for goods and services and their spending preferences, is published by the US Department of Commerce every month.
The core PCE, also known as the inflation indicator referenced by the Fed, is expected to be announced as 2.7 percent annually. It is thought that the data may play a role in whether the Fed will make the interest rate cut in September with 25 or 50 basis points.
âThe core PCE inflation was probably under control in July as prices experienced as low as 0.13 percent monthly increase,â said analysts at investment bank TD Securities, stating that the core PCE will not increase much.
The fact that the monthly or annual core PCE data is higher than expected could hit the possibility of the Fed going to an aggressive rate cut. This can negatively affect Bitcoin in the short term.
On the other hand, according to analysts, the main focus of the Fed will be on the employment data to be announced next Friday. Markets will learn the inflation data on September 11 after the employment data. The interest rate decision of the American central bank will be announced on September 18.
Recent Binance airdrops often show a pattern where the token spikes initially and then gradually declines. Iâm not saying $$DOGS
will follow this path, but it's usually wise to let a token establish a base price before jumping in, no matter the hype.With $DOGS being shared with 44 million participants, thereâs a chance many might sell off, especially at higher prices. As an example, Iâve included the Pepe chart to illustrate what I mean by setting a base price.$DOGS
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#DOGSONBINANCE #CryptoMarketMoves #MillionaireMakers
đ Infima Capital Emerges as a Key Market Maker in Crypto Trading Amid ETF Opportunities:
$BNB $SOL $BTC đ‎ïžđȘ
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Infima Capital, a leading cryptocurrency trading firm, has established itself as a prominent market maker in the crypto space. With the growing popularity of cryptocurrency ETFs (Exchange-Traded Funds), Infima Capital is well-positioned to capitalize on this trend.
đ Key highlights:
1. đ Market making expertise: Infima Capital brings extensive experience in market making, providing liquidity and tight bid-ask spreads.
2. đ ETF opportunities: The firm is poised to benefit from the increasing demand for crypto ETFs, offering exposure to a broader audience.
3. đ Global reach: Infima Capital operates globally, with a presence in major crypto hubs.
4. đ Risk management: The firm emphasizes robust risk management strategies to navigate market volatility.
5. đĄ Innovation: Infima Capital invests in cutting-edge technology to stay ahead in the competitive crypto trading landscape.
As the crypto market continues to evolve, Infima Capital's expertise and strategic positioning make it an important player in the space. đ
With the rise of crypto ETFs, Infima Capital is well-equipped to:
1. đ Provide liquidity and market making services.
2. đ Offer expertise in crypto asset management.
3. đ Facilitate global access to crypto markets.
4. đ Ensure robust risk management practices.
5. đĄ Drive innovation in crypto trading solutions.
Infima Capital's emergence as a key market maker in crypto trading positions it for success amid the growing ETF opportunities. đ
đ Solo Miner Hits Bitcoin Jackpot with Block Reward of $200K:
$BTC $STX $UMA đ‎ïžđȘ
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In a remarkable turn of events, a solo bitcoin miner has achieved the unthinkable, solving a valid block and earning a staggering block reward of approximately $200,000! đ€ This extraordinary feat showcases the miner's dedication, computational power, and sheer luck.
đ Here's a breakdown of this remarkable achievement:
1. đ Solo mining: The miner chose to operate alone, without pooling resources with others, making this achievement even more impressive.
2. đ» Computational power: The miner possessed sufficient computational power to solve the complex mathematical equations required to validate a block, demonstrating their significant investment in hardware and infrastructure.
3. đ Time and luck: It took a combination of time, luck, and dedication to solve the block before anyone else, highlighting the miner's persistence and fortune.
4. đ Block reward: The miner earned 6.25 BTC, currently valued at around $200,000, a life-changing amount for most individuals.
5. đ Jackpot: This reward is equivalent to hitting the jackpot, considering the miner's solo operation and the competitive nature of bitcoin mining.
This achievement has significant implications for the bitcoin mining community, demonstrating that solo miners can still achieve success despite the dominance of large mining pools. It also highlights the potential rewards for individuals willing to invest time, resources, and computational power into bitcoin mining. đĄ
Maple Finance, an institutional capital marketplace on Ethereum, has reached a significant milestone with its total value locked (TVL) hitting $83 million on August 30, the highest level since late 2022. Maple facilitates lending and borrowing for institutional and accredited investors, offering various lending pools with annual percentage yields (APYs) of up to 20%.
DefiLlama attributes this growth to Syrup Finance, a decentralized finance (DeFi) yield platform launched in June. Syrup's TVL has surged to $31.75 million, doubling since early August. Unlike Maple, Syrup allows retail investors to connect non-custodial wallets and target APYs up to 15%, derived from Mapleâs overcollateralized loans.
đ§ #XRP 20% of Institutions Ready to Invest in Ripple - E&Y survey
â«ïž90% of companies are optimistic about the long-term value of cryptocurrency.
â«ïž98% of institutions in the crypto market invest in #BTC , 78% in #ETH and 24% in #SOL .
â«ïž80% of institutional investors surveyed consider cryptocurrency a key tool for portfolio diversification.
â«ïžAlthough 37% of institutional investors have already invested in cryptocurrency directly, their plans are more inclined to invest money in exchange-traded funds (ETF, ETP, etc.)
The survey was conducted among 277 institutional investors from the United States, Europe, Canada, Asia and Latin America.
$DOGS is taking off! đđđ
In just a few days, the market cap for $DOGS has skyrocketed to $824 million, and it's now ranked 75th among all cryptocurrencies. This is huge news, and it shows that there is a lot of interest in $DOGS.
Some people might be worried about short-term fluctuations, but it's important to remember that $DOGS is here for the long haul. This is just the beginning, and there is still a lot of room for growth.
So, don't get caught up in the noise. Stay focused on the big picture, and enjoy the ride! đđ„
Let's Unlock the Power of $G Token!
Gravity Alpha Mainnet is set to revolutionize the blockchain space! LFG đ
What is Gravity?
Gravity is a cutting-edge Layer 1 omnichain smart contract platform designed to simplify and enhance cross-chain interactions. It seamlessly bridges various blockchains, enabling them to work together effortlessly. This innovation is set to create a more cohesive and efficient blockchain ecosystem, unlocking new potentials for developers and users alike.
Why $G is a Game-Changer:
- Rewards for G Holders: Holding $G isn't just an investment; it's a gateway to exclusive benefits. Stake G to contribute to network security and earn rewards. Plus, as a G holder, you influence the platform's governance, playing a crucial role in shaping Gravity's future.
- The Future of the Gravity Chain: Gravity tackles one of blockchainâs biggest challengesâinteroperability. As a secure and scalable platform, it facilitates seamless cross-chain interactions, making it easier to build advanced Web3 applications with minimal friction.
- Galxeâs Evolution with Gravity: Powered by Gravity, Galxe is a rapidly growing ecosystem where g serves as the primary utility token. It's used across Galxe apps like Galxe Quest and Galxe Passport for transactions, payments, and more, adding substantial value to users and developers.
Looking Forward
Gravity isn't just another blockchain; it's a foundational technology poised to shape the future of Web3. With a strong focus on security, scalability, and interoperability, Gravity is ready to transform blockchain interactions. And with g at its core, this ecosystem is primed to open up new possibilities for everyone involved.
Explore more about this @Gravity
#GravityAlphaMainnet #TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO
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âĄïž @Bounce_Bit $BB announces the launch of the V2 upgrade to both CeDeFi & BounceClub
BounceBit introduces the V2 product upgrade focused on CeDeFi and @BounceBitClub. Under this innovation, CeDeFi will focus exclusively on CeDeFi-related products, primarily trading and asset management. BounceClub will concentrate on ecosystem activities, including DeFi, AI, and gaming. Moreover, BounceClub will roll out BTCfi to allow users to utilize stBBTC for accessing $BTC #BTC staking projects such as @Babylonlabs_io and @EigenLayer.
đ
đ€ Question of the day in the Crypto World:âïž
$NOT $DOGS $BANANA đ‎ïžđȘ#DOGSONBINANCE #BNBChainMemecoins #NOTđ„đ„đ„ #China
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Does the largest population (China, 1.44 billion) partake in Airdrops, and is it beneficial for the crypto ecosystem?
đ€ Potential benefits:
1. đ Increased adoption: Widespread participation from China's massive population could drive user adoption and growth, leading to a more robust and diverse crypto community.
2. đ Market expansion: Chinese participants could bring new capital and liquidity to the crypto market, potentially leading to increased trading volumes and market stability.
3. đ Global reach: Airdrops could help bridge the gap between Eastern and Western crypto communities, fostering global collaboration and innovation.
4. đ Economic benefits: Airdrops could stimulate local economies and create new opportunities for individuals and businesses in China.
However, consider the following challenges:
1. đ« Regulatory hurdles: China's strict crypto regulations might limit participation, requiring airdrop projects to navigate complex compliance issues.
2. đ€ Education and awareness: Many Chinese citizens may be unfamiliar with airdrops and crypto, necessitating targeted education and outreach efforts.
3. đ Market volatility: Large-scale participation could impact market stability, potentially leading to price fluctuations and increased risks.
4. đš Security concerns: Airdrops could be vulnerable to scams, phishing, or other security threats, requiring robust measures to protect participants.
In conclusion, while there are potential benefits, it's crucial to consider the complexities and challenges involved. đ€ If China's largest population were to partake in airdrops, it could be a game-changer for the crypto world! đ But, it's essential to address regulatory, educational, and security hurdles first. đ
đ đđżđźđđ¶đđ đŁđżđŒđđŒđ°đŒđč (đ) - đ§đ”đČ đđđđđżđČ đŒđł đđ»đđČđżđŒđœđČđżđźđŻđ¶đčđ¶đđ! đ„đ°
Why You Need to Know About G:
Gravity Protocol (G) is the cutting-edge decentralized cross-chain bridge that seamlessly connects different blockchain networks. Itâs not just a bridge; itâs the key to unlocking a truly interoperable crypto ecosystem! đ
Why Hold G Tokens?
- Governance: Your voice matters! G holders can vote on proposals and shape the future of Gravity Protocol.
- Staking Rewards: Stake G tokens, earn rewards, and contribute to the security and decentralization of the network. It's a win-win!
- Fee Discounts: Enjoy lower transaction fees as a G holder. Every bit counts!
- Exclusive Features: Be the first to access premium features within the Gravity ecosystem. The future is exclusive for G holders!
Looking Ahead - Whatâs Next for Gravity Protocol?
- Expanded Network: Gravity is set to integrate with more blockchains, making it the ultimate bridge for all your crypto needs.
- Innovative Features: Imagine decentralized exchanges or lending platforms powered by Gravity. The possibilities are endless!
- Strategic Partnerships: Gravity is forging partnerships that will create new opportunities across the blockchain space.
Galxe & Gravity: A Dynamic Duo
Galxe, the platform driving community engagement, is supercharged by Gravity Protocol. As Gravity grows, Galxe gets even stronger, offering richer, more diverse experiences for everyone involved. đ
#GravityAlphaMainnet #CryptoFutures #BinanceSquareFamily #GToken @Gravity
Jump into the future of blockchain with Gravity Protocol! đ
đđąđ đĄđđ§đąđ§đ đđđđ°đšđ«đ€ đđ«đšđđšđđšđ„ đđđđđ€đŹ đĄđđŹ đđšđŠđ©đ„đđđđ đđĄđ đđđ€đđŠđšđđš đźđ©đ đ«đđđ, đźđŹđĄđđ«đąđ§đ đąđ§ đ§đđ° đđđ
đą đđđđđźđ«đđŹ. đđĄđąđŹ đđ§đĄđđ§đđđŠđđ§đ đđšđšđŹđđŹ đŹđđđ„đđđąđ„đąđđČ đđ§đ đŹđđđźđ«đąđđČ, đđ„đ„đšđ°đąđ§đ đđšđ« đđđŹđđđ« đđ§đ đŠđšđ«đ đđšđŹđ-đđđđđđđąđŻđ đđ«đđ§đŹđđđđąđšđ§đŹ đ°đąđđĄđąđ§ đđĄđ đđąđđđšđąđ§ đđđšđŹđČđŹđđđŠ.
$G đ¶ Benefits and Rights of G Holders:
- Governance participation and decision-making power.
- Staking rewards for passive income.
- Early access to new projects and features.
- Special privileges like fee reductions and event priority.
đ¶ Future Prospects for the Gravity Chain:
- Enhanced cross-chain interoperability.
- Growing adoption across various sectors.
- Potential to become a key player in DeFi, NFTs, and beyond.
đ¶ The Future of Galxe Powered by Gravity:
- Revolutionizing decentralized identity management.
- Unmatched security, scalability, and user-centric features.
- Empowering users with control and privacy across platforms.#GravityAplhaMainnet #BinanceBlockchainWeek #BNBChainMemecoins #DOGSONBINANCE
The Graph (GRT)
The GRT price continues to trade within a falling wedge, and after the recent rejection from the resistance, the price is heading towards the support
The MACD is about to undergo a bearish crossover with the levels remaining stuck within the negative range
Besides, the RSI remains stuck within the bearish range and hence could head toward the lower threshold, offering more upward pressure over the token
Therefore, the GRT price could close the monthly trade close to $0.1089, which may trigger a fine rebound back above $0.15 in the coming days.$GRT
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đš Are you worried by Loss? Opportunity to Gain 10k $G đš
Write on this topic and earn Free money
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The Future of Cross-Chain Technology: Gravity Chain
The Gravity Chain is revolutionizing Web3 with its innovative approach to cross-chain interactions. The $G token is at the heart of this ecosystem, offering unparalleled benefits:
đ Governance: G holders shape the future of @Gravity through voting and proposals, ensuring a decentralized and community-driven approach.
Staking: Earn rewards and ensure network security and decentralization, with staking rewards varying based on tokens staked, duration, and network participation.
Exclusive On-Chain Rewards: Receive loyalty points, NFTs, and Galxe OATs through Galxe Quest, with additional rewards from applications built by Galxe.
đĄ What's Next?
Smart Savings with Liquid Staking: Mint yield-bearing tokens like "atUSD" and "atETH" directly on Gravity, enabling more liquidity, efficiency, and opportunities.
Galxe Identity Protocol: Enhanced security, privacy, and on-chain utilities like credential metadata management and proof verification functions.
Galxe Powered by Gravity: Omnichain loyalty points, intent-based transactions, and advanced security features like zk-SNARKs for private and secure transactions.
đą Earnings with G Staking and Rewards
Staking Rewards: Earn rewards by staking G tokens, with varying APR figures.
Additional Rewards: Receive token raffles, NFTs, and loyalty points from Galxe applications.
Governance Participation: Benefit from decisions that positively affect the token's value and ecosystem.
Exclusive Access: Access exclusive events, products, and rewards that are tokenized and tradable.
đ” Future Developments
Gravity Chain's Continuous Innovation: Ongoing developments and upgrades to enhance the ecosystem.
Galxe's Growing Ecosystem: Expanding applications and use cases for Galxe, powered by Gravity.
đŁJoin the Revolution
Stake your G, participate in governance, and explore the endless possibilities that Gravity Chain has to offer.
#GravityAlphaMainnet
đ $XRP Ledger (XRPL) Advances in DeFi with AMM Protocol
Ripple and the XRPL community are making waves in the decentralized finance (DeFi) space! đ
đ Key Highlights from the EY April Report:
1ïžâŁ On-Chain Regulatory Compliance: Ripple is proactively incorporating compliance features to attract institutional investors, ensuring a secure and compliant DeFi ecosystem. đŠ
2ïžâŁ Cross-Chain Messaging Protocols: Ripple foresees cross-chain messaging services like Axelar as game-changers, crucial for drawing in capital, developers, and traders across various blockchains. đđĄ
With the introduction of the XLS-30 AMM Protocol, the XRPL ecosystem is stronger than ever! Ready to reshape DeFi with improved price discovery and yield opportunities! đđ„
#ripple #DEFI #Xrpđ„đ„ #Blockchain #cryptocurrency #XRPL
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