💰 @yellowcard_app raises $40M in a Series B funding round led by @polychain. Other investors in the round include @fabric_vc, @CastleIslandVC, Valar Ventures, @thirdprimevc, DG Daiwa Ventures and @sozo_ventures.
#YellowCard is a cryptocurrency exchange that allows users to buy and sell Bitcoin using various payment options. It also offers a #Bitcoin wallet for sending, receiving, and storing cryptocurrencies.
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🚨 SHIBA INU HOLDERS - THEY ARE DOING IT AGAIN! 🚨
Buy $SHIB
Shiba Inu holders, get ready for another potential surge as SHIB continues to make headlines. Here’s why SHIB could be on the verge of a breakout:
Whale Activity: Large SHIB holders, or "whales," are once again accumulating massive amounts of SHIB. Whenever this happens, it often precedes big price movements.
Token Burns: The Shiba Inu community is intensifying efforts to burn more tokens, reducing supply and possibly driving up SHIB’s value over time.
Development Updates: With new developments and partnerships on the horizon, SHIB is positioning itself for potential long-term gains.
Stay tuned as SHIB holders prepare for what could be another exciting rally!
#ShibaInu #SHIBArmy #CryptoNews #SHIBUpdates
STX/USDT Technical Analysis on the 4-Hour Chart
$STX
{spot}(STXUSDT)
{future}(STXUSDT)
Moving Averages:MA (200, SMA): Currently at 1.779, the price is above the 200-period simple moving average, indicating a potential bullish trend.VWAP: The Volume-Weighted Average Price is at 1.831, close to the current price, suggesting the asset is trading near its fair value for the period.RSI (14):Value: 60.64Analysis: The RSI is near the neutral zone but slightly above 50, indicating mild bullish momentum. There is room for further upward movement before entering overbought conditions.
MACD (12, 26, 9):
MACD Line: 0.002Signal Line: 0.023Histogram: 0.024
Analysis: The MACD histogram is positive, indicating recent bullish momentum. However, the signal line is slightly above the MACD line, which could suggest a potential trend reversal if the lines cross downward.Support and Resistance Levels:Support: Significant support levels are visible near 1.779 and 1.500 based on historical price action.
Resistance: The key resistance zone is marked around the 2.000 level. Breaking above this zone with strong volume could confirm a further uptrend.
Bullish Scenario:
If STX continues to hold above the 200 SMA and the VWAP, and the RSI moves towards 70, we could see further upward movement. A breakout above the resistance at 2.000 would confirm a stronger bullish trend.
Bearish Scenario:
Should the price fall below the VWAP at 1.831 and the 200 SMA, it could signal a bearish reversal. Additionally, a crossover of the MACD line below the signal line could confirm bearish momentum, with a potential drop towards support at 1.500.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Always perform your own research before making any investment decisions.
We’re LIVE-streaming @hendrikEbbers' talk on Hiero, the new open-source, vendor-neutral DLT by @linuxfoundation on X and YouTube at 12pm EDT today.
Partnering with JUG Dortmund, we’ll cover Hiero’s transition from Hedera and how YOU can contribute this Hacktoberfest! 🎉
After the stream, join us on Discord for live expert support on your first contribution! No need for in-person events, just jump in!
📍 Where: X, YouTube, & Discord
📺 https://t.co/ZNyWnDoRPv
💻
🚨 SHIBA INU: THE FINAL BOMBSHELL!! SHIB +800% GAINS BEFORE THIS YEAR ENDS!! 🚨
$SHIB is making waves in the crypto world, and speculation is growing that SHIB could see a massive +800% surge before the year ends! Here’s why some experts believe this explosive growth is possible:
Major Developments: Shiba Inu's ecosystem is expanding, with new use cases, partnerships, and projects that could fuel adoption and drive demand.
Burning Mechanisms: The ongoing token burn is reducing supply, creating scarcity that could boost $SHIB price.
Market Sentiment: With bullish sentiment building, Shiba Inu is poised to capture attention from both retail and institutional investors as 2024 closes.
Are you ready for the potential SHIB rally? Don’t miss out on this!
#ShibaInu #CryptoNews #SHIBGains #Bullish2024
$DIA
Overall Trend
The chart indicates a strong uptrend for DIA/USDT. This is supported by:
Price Action: The price has been consistently making higher highs and higher lows, a classic bullish sign.
Moving Averages: The short-term moving averages (MA7, MA25) are above the long-term moving average (MA99), suggesting a bullish momentum.
Bollinger Bands: The price is above the upper Bollinger Band, indicating a potential overbought condition but also suggesting strong upward pressure.
RSI: The Relative Strength Index (RSI) is above 70, indicating overbought conditions. However, it's not extremely high, so the uptrend might continue for a while.
Potential Near-Term Outlook
Given the current bullish indicators, DIA/USDT might continue to rise. However, the overbought conditions (as indicated by the RSI and Bollinger Bands) suggest a potential pullback or correction. Traders should be cautious of potential profit-taking or a short-term reversal.
Key Points to Watch
Support Levels: Identify the previous support levels to gauge potential areas where the price might find support if it experiences a pullback.
Resistance Levels: Look for previous resistance levels that could act as barriers to further price increases.
Volume: Monitor volume to gauge interest and potential momentum shifts. A significant increase in volume during a price rise can signal strong buying pressure.
Additional Considerations
Fundamental Analysis: Consider factors like the underlying project's development, partnerships, and market sentiment.
Risk Management: Implement risk management strategies like stop-loss orders to protect your capital
🚨🚨 Shiba Inu’s Burn Rate Skyrockets by 14,570% – Key Insights and Market Outlook 🚨🚨
Recent Developments
Burn Rate Surge:
279.65 million SHIB tokens burned in the last 24 hours, reducing the circulating supply.
Total burn rate increased by 14,575.02%, according to Shibburn data.
Burn and Supply Metrics
Total Burned Supply:
410.73 trillion SHIB tokens have been removed from circulation so far.
Current Circulating Supply:
Despite these burns, 583.53 trillion tokens remain in circulation.
Market Impact
Boosted Market Confidence:
The increased burn rate has raised investor sentiment, with token scarcity potentially driving up prices.
SHIB Price and Trading Volume:
SHIB’s price increased by 2%, now trading at $0.00001812.
Trading volume surged 31% to $319.74 million.
Open Interest Growth:
Data from CoinGlass shows a 7% rise in open interest, reflecting greater market involvement and confidence.
Outlook: Can SHIB Reach $1?
The combination of increased burns, rising volume, and investor confidence has fueled speculation about SHIB’s potential to reach $1.
While challenges remain, momentum is building, and market participants are closely watching for further developments.
Will SHIB ride this momentum and hit $1?
Stay alert—the next move could be just around the corner!
#TrumpDeFi #MemeCoinTrending #GrayscaleConsiders35Cryptos #USStockEarningsSeason #BTCUptober
{spot}(SHIBUSDT)
TIA/USDT Price Analysis: Testing Resistance Levels
$TIA
{spot}(TIAUSDT)
{future}(TIAUSDT)
Moving Averages:200 SMA: Currently at $5.565, this longer-term moving average is showing a slight upward trend, indicating that recent price action has been favorable for TIA.VWAP:VWAP: Positioned at $5.804, providing insight into the average traded price, which currently sits below the last closing price, suggesting a possibility of retracement as the price approaches resistance.
RSI:RSI (14): At 55.42, the RSI is positioned in the neutral zone, with no overbought or oversold signals. This could imply a balance between buying and selling pressure, leaving room for price movement in either direction.
MACD:MACD: The MACD line is above the signal line with values of 0.062 (MACD) and 0.016 (Signal), indicating bullish momentum. However, the histogram is shrinking, suggesting that buying momentum may be slowing down.
Support and Resistance Levels:Immediate Resistance: $6.02. TIA has touched this resistance level multiple times, and a breakout above it could signify further bullish movement.Immediate Support: $5.56. This level aligns with both the VWAP and the 200 SMA, providing a strong support area.
Bullish Scenario:
A sustained move above the $6.02 resistance could open up further gains, with the next target potentially around $6.50 - $6.75. The MACD's current position supports this scenario, as does the upward trend in the 200 SMA. Traders might watch for volume spikes as confirmation of a breakout.
Bearish Scenario:
Failure to break the $6.02 level may lead to a pullback towards the $5.56 support. If the price breaks below this support, it could signal further downside, potentially targeting the $5.20 - $5.00 range. Watch for a bearish crossover in the MACD and RSI to dip below 50 as signs of weakening momentum.
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
At the time, some overseas platforms saw signups surge to as many as 450,000, as Indian investors sought alternatives to avoid the country’s high taxes. This created a domino effect, with many shifting to foreign platforms. Given this precedent, there are concerns that Italy could face a similar exodus of crypto activity if heavy taxation policies are enforced.
MEW Price Analysis: Strong Uptrend Signals Emerging
Moving Averages200-period SMA: Positioned around 0.0058750, which suggests a long-term support level. MEW price is currently above this SMA, indicating a potential continuation of the upward momentum.VWAP: Positioned at 0.0085828, MEW is trading above the VWAP, reflecting sustained buying pressure in the recent sessions.
RSIRSI (14): Currently at 64.77, showing slight overbought conditions. A further increase could imply potential resistance, but it also indicates the current bullish momentum.
: The MACD line is at 0.0004094 with the Signal line at 0.0003844, while the Histogram reads -0.0000250. The positive MACD line suggests bullish momentum, but the histogram nearing zero may imply reduced momentum, hinting at a potential consolidation.
Support and Resistance LevelsSupport: Around 0.0070000 based on previous price action and the cluster data.Resistance: Near 0.0100000, which has previously acted as a strong resistance level on the higher timeframes.
Bullish Scenario
A break and close above the resistance at 0.0100000 could indicate further bullish continuation, targeting the next psychological level around 0.0120000.
Bearish Scenario
If the price fails to sustain above the current levels and dips below the VWAP (0.0085828), a pullback towards the 200-period SMA around 0.0058750 might occur, presenting a potential buying opportunity for swing traders.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.
🚀 Crypto News Flash! 🚀
- **Dogen's Meteoric Rise**: Priced under $0.08, Dogen is causing a stir with potential 5,500% growth, possibly outshining Ripple and Dogecoin. It's the new meme token to watch!
- **XRP Breakout Alert**: Trading between $0.52-$0.55, XRP shows upward momentum. Breaking the $0.56 resistance could push it to $0.5829. RSI and moving averages hint at further gains.
- **DOGE on the Move**: DOGE surged 20% last week, nearing $0.1230 resistance. A breakout could target $0.1362. RSI and MACD levels indicate bullish trends.
💬 What are your thoughts on these trends? Share in the comments!
**Bitcoin Faces Potential Downturn Amid Market Indicators**
Bitcoin's price has been slipping over the past 24 hours, suggesting it might have peaked at $68,500. Let's break down why this could be a local top:
- **Spot CVD Decline**: During Bitcoin's Q1 rally, the cumulative delta (CVD) for spot volume was rising, indicating strong buying pressure. Currently, this metric is declining, showing that retail investors are selling at higher prices.
- **Overleveraged Futures Market**: CryptoQuant CEO Ki Young Ju notes that the BTC futures leverage ratio has hit an all-time high. This overleveraging could lead to a volatility shakeout, potentially triggering liquidations if leverage volume rises above 55%.
- **Bearish Divergence**: Bitcoin's 12-hour chart shows a pattern of higher lows failing to break resistance, accompanied by bearish divergences in RSI and MACD. Historically, such patterns have led to significant price drops.
Analysts suggest that for Bitcoin to regain upward momentum, demand must increase on exchanges. However, current signs point to a potential dip, possibly retesting the $52,000-$50,000 range. As always, investors should conduct their own research before making any decisions.
Optimism (OP) is looking to push above $1.80 and
However, volatility picked up on Sunday as sellers attempted to drag the price below the 20-day SMA. As a result, OP fell to a day low of $1.65 before pushing back above the SMA and settling at $1.71, registering only a marginal decline. The current week began on a bullish note as OP registered an increase of 3.80% to settle at $1.78. However, the current session finds OP back in the red, with the price marginally down and trading around the $1.77 mark.
$OP
#MemeCoinTrending
⚡️ @zkPass has raised $12.5M through its Series A at a $100M token valuation
zkPass closes its $12.5M Series A funding round at a $100M token valuation. Investors in the round included @daofive, @Animocabrands, @FlowTraders, @Ambergroup_io, @Iobc_capital, @Signum_Capital, @MH_Ventures, @Wagmi_vc, and others. The funding was structured as a simple agreement for future tokens (SAFT), bringing zkPass total funding to $15M, following a $2.5M seed round in August 2023. zkPass is a composable, privacy-preserving decentralized identity verification solution for #Web3, incubated by @BinanceLabs.
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ETH Bullish Update 2️⃣:
The ETH forecast has changed ⬆️.
The previous update indicated bearish momentum, but now ETH has shifted into bullish momentum. Everyone can open a long position. ETH is likely to rise above 2690-2740
If any changes occur, I will provide updates.
Note for New Followers:
I share forecasts based on the 15-minute chart. When ETH has low volatility, market momentum can change up to six times a day. However, during periods of high volatility, the momentum may remain stable for a longer time. If you follow my forecasts, always stay updated with the latest information. If not, you could incur losses.
Trading is your responsibility, and no one has the right to blame me. I am unaffected by criticism. Always use proper risk management.
Current Price: ETH is trading at 2623
Thank you.