When you're trying to explain to your friend what cryptocurrency is | Kirill Gaitan l PROFIT_PILOT on Binance Square

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Kirill Gaitan l PROFIT_PILOT

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When you're trying to explain to your friend what cryptocurrency is

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Kirill Gaitan l PROFIT_PILOT

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Hey guys. Brief update on Binance coin. #BNB has updated ATH and may work out a consolidation breakout pattern with targets in the 900-950 zone. Key support that should not be broken is $600 and farther out beyond the lower boundary of the $450 range. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 $BNB @BNB Chain Stay tuned.

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Hey guys. A quick update on SOLANA. At the moment the instrument is lagging behind the broad altcoin market, which can be seen by the spread to TOTAL3. The instrument is now in a sloping consolidation, a breakdown of which could potentially trigger a pattern flag targeting around $300-350. #SOL @Solana Official $SOL If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned.

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Google's Willow and the Crypto Crash: What Happened? The crypto market was shaken up again this week by an unexpected announcement from Google. What Happened? Google introduced its new quantum processor Willow, which made a breakthrough in quantum computing. This caused a drop in cryptocurrency prices: - Bitcoin fell to $94.5k (-3.5%), - Ethereum — to $3.5k (-7.9%), - Solana — to $205 (-8.4%). What is Willow? Wilow is the basis of a quantum computer that uses the principles of quantum physics to process data super-fast. For example, it solved a problem that took longer than the existence of the universe in 5 minutes. Advantages of quantum technologies: - Climate forecasts: more accurate weather modeling. - Drug development: creating new drugs through the simulation of complex molecules. - Optimization: improving logistics, traffic management and financial models. However, there are risks: Quantum computers can hack modern cryptographic mechanisms that blockchains are based on. This makes assets such as BTC, ETH, SOL potentially vulnerable. Other areas are also at risk: banks, e-commerce, government data. Should we panic? Not yet. Modern quantum computers are not yet able to hack blockchains. However, progress is accelerating: threat forecasts have been reduced from 15-20 years to shorter terms. Work on creating quantum-resistant blockchains is already underway, and leading networks will probably adapt to new challenges by 2030. At the moment, this is more like another FUD that will soon be forgotten. Similar news appears almost every year, and it should be taken calmly. #Willow #Google

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Hey guys. A brief update on XRP. In the last review we talked about a possible continuation of growth, but on the fall of the whole market XRP tested the support of 2$, after which the price was aggressively bought back, and the price formed a descending channel, still the resistance of 2.5 is the key from where the last bearish impulse began, if the price manages to absorb it, it will open the way up to the zone of 3$, well, and the full workout of the flag has a potential of 4-4.2$. Important support is the zone of 1.8-2$. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned.

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Hey, guys, This is a weekly update on Ethereum. Last time the price was trading in the 3.6K zone and I was saying that the trend will continue, which it did, the price reached 4.1K, then the correction started and the price tested the 3.5K support. I still believe that ETH is not finished rising and picking up from corrections is a good strategy, the next targets are to update High 4.2-4.4K and tear down sellers' liquidity stops, medium term chances are not bad to reach 4.8-5K zone with possible ATH update. Key support that should not be broken is 3.3K zone. #ETH $ETH If this was useful, subscribe so as not to miss anything, and give us a reaction 👍

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