According to Lookonchain, ETH/BTC exchange rate bull James Fickel exchanged 11,584 ETH for 450 WBTC at 0.03881 today, worth about $27 million, and still has a debt of 1,308.8 WBTC (about $78.8 million) on Aave. It lost more than 21,000 ETH, worth about $49 million, due to long ETH/BTC.
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đ $AXS poised for a rebound? All eyes on key levels! đ„
$AXS is showing signs of life after a prolonged downtrend, now trading at $4.61. The price has been holding steady above the $4.50 support zone, and it's creeping closer to the key resistance near $4.80. The 7-day and 25-day moving averages are close to a bullish crossover, hinting at a potential breakout!
Looking at the MACD, weâve got a bullish signal forming with the histogram in positive territory. However, volume remains relatively low, suggesting that traders are still on the sidelines waiting for confirmation. If AXS breaks above $5.00 with strong volume, it could ignite a rally back to the $6.00 level. đŻ
On the flip side, if the bears manage to push AXS below $4.50, we might see a retest of the $4.00 zone, and the overall downtrend could resume. This is a make-or-break moment, and traders should keep a close watch on the volume and momentum indicators for any signs of a stronger move.
Keep your eyes peeled for action in the coming daysâitâs bound to get interesting! đ
TNSR/USDT Tests Key Resistance with Bullish Sentiment
$TNSR
{spot}(TNSRUSDT)
{future}(TNSRUSDT)
TNSR/USDT is currently trading at $0.3625, with a gain of +0.72%. The price is fluctuating between the $0.3200 support level and the $0.4000 resistance level, indicating a consolidation phase after a recent price increase. The price is currently above the 200-period moving average at $0.3450, signaling a bullish bias. The VWAP at $0.3608 is slightly below the current price, reinforcing the bullish sentiment.
The RSI is at 64.63, indicating neutral to slightly overbought conditions, suggesting that the price could have some room for further upside before any significant pullback occurs.
The MACD line is at 0.0037, with the signal line at 0.0031, signaling weak bullish momentum. However, the histogram shows slight positive bars, indicating that while the momentum is positive, it remains relatively weak.
Key support levels are around $0.3200. If the price breaks below this level, the next target could be around $0.2800. Conversely, a break above $0.4000 could lead to a rally towards $0.4500 or higher.
Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making trading decisions.
#6thTrade #MarketSentimentToday #Market_Update
#LayerZero is Assembling a Powerhouse Team!
LayerZero has joined forces with leading players in the crypto space, including a16z Crypto, Animoca Brands, and PayPal Ventures. Together, theyâre launching the lzCatalyst program, which will invest up to $300 million into developing cutting-edge full-chain applications built on $ZRO.
This initiative marks a significant leap forward for the LayerZero ecosystem, promising an influx of exciting new projects. Stay tuned and do your own research (DYOR) for what's to come.
#CryptoNewss #ZRO
đš BREAKING: Is Moonbix the Next Binance Powerhouse?! đđ„đ€Ż
The crypto world is buzzing with rumorsâhas Moonbix secretly partnered with Binance? Investors are scrambling for answers as whispers of a Binance-backed Moonbix token send shockwaves through the market. Is this the real deal or just another speculative frenzy? Letâs dive in and uncover the truth behind the hype!
đ What We Know So Far:
Moonbix is rapidly gaining attention, but its potential connection to Binance remains unconfirmed. With no official statement from Binance, the speculation is running wild. Could Moonbix be the next breakout star or just an independent player riding the wave?
â ïž Fact vs. Fiction:
Despite the rumors, Moonbix appears to be operating independently. There's no evidence of an official Binance partnership, making it critical for investors to separate hype from reality.
đĄ The Final Call: Be Cautious!
In a world where new tokens emerge daily, make sure you're not swayed by false promises. Stay smart, stay informed, and always do your research before jumping in.
#BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI #USRetailSalesRise #moonbix #Write2Earn!
Guess who is turning 4ïžâŁ! đ
Excited to announce that DODO, Your On-Chain Liquidity Hub, is officially 4 years old! As we celebrate #DODO4thAnniversary, letâs take a moment to reflect on our journey and achievements:
đ Supported $165.4B in trading volume
đ Completed around 26M+ trades
đ Expanded to 19 different chains
đ Captured an average of 79.7% volume on Arbitrum, BNB Chain, and Ethereum for the USDT-USDC pair
Over the past four years, DODO has remained a decentralized, transparent, and secure platform, ensuring users always have full control over their assets.
To mark this milestone, we're launching an anniversary celebration with a massive 100,000 USDT prize pool and 100 exclusive whitelist spots for our upcoming DODO Bird NFT! Holders of this NFT will enjoy boosted rewards in future DODO ecosystem.
More detailsđ
METIS/USDT Holds Bullish Ground, Testing 200-SMA
$METIS
{spot}(METISUSDT)
{future}(METISUSDT)
METIS/USDT is currently trading at $31.39, with a slight decline of -0.13%. The price is fluctuating between the $30.00 support level and the $34.00 resistance level, indicating a period of consolidation following a recent price surge. The price is hovering around the 200-period moving average at $31.99, suggesting a neutral to bullish bias as it remains slightly below this key technical indicator. The VWAP at $31.28 is also slightly lower than the current price, reinforcing the ongoing consolidation.
The RSI is at 54.40, indicating neutral conditions, with a slight tilt toward the overbought side, suggesting that the price has room for potential upside, but with caution for possible resistance at higher levels.
The MACD line is at 0.12, with the signal line at 0.04, signaling weak bullish momentum. The histogram shows positive bars, indicating that while the bullish momentum is present, it remains moderate.
Key support levels lie around $30.00. If the price breaks below this level, the next target could be around $28.00. Conversely, a break above $34.00 could push the price toward $36.00 or higher.
Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making trading decisions.
#6thTrade #MarketSentimentToday #Market_Update
PIXEL/USDT Gains Momentum, Testing Key Resistance
$PIXEL
{spot}(PIXELUSDT)
{future}(PIXELUSDT)
PIXEL/USDT is currently trading at $0.1340, showing a gain of +6.18%. The price is consolidating between the $0.1200 support level and the $0.1400 resistance level, reflecting a phase of consolidation after a recent upward movement. The price is positioned below the 200-period moving average at $0.1369, indicating a neutral to bearish bias in the short term. The VWAP at $0.1310, however, is slightly below the current price, reinforcing a mild bullish sentiment.
The RSI is at 58.93, indicating slightly overbought conditions, suggesting that the price could experience some selling pressure soon. However, the RSI remains below 70, meaning there may still be some room for further upward movement.
The MACD line is at 0.0005, with the signal line at -0.0014, indicating weak bullish momentum. The histogram shows a slight positive movement, signaling that while momentum is positive, it remains relatively weak.
Key support levels are around $0.1200. If the price breaks below this level, the next target could be around $0.1100. Conversely, a break above $0.1400 could lead to a rally toward $0.1600 or higher.
Disclaimer:
This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making trading decisions.
#6thTrade #MarketSentimentToday #Market_Update
đ„ $RUNE on the Verge of a Breakout? Here's the Scoop! đ„
$RUNE is hovering at a crucial point, and things are heating up! After bouncing off the $3.80 mark, it's now testing the $4.00 resistance zone. The 99-day moving average, sitting around $3.79, acted as strong support in recent weeks, giving bulls the confidence to push the price higher.
Whatâs more exciting? The MACD is looking promising, with a positive cross showing momentum in favor of the bulls! However, weâre not out of the woods just yet. Volume has been steady but hasn't exploded, which means we need a real boost in buying pressure to confirm this upward trend. If RUNE can break past $4.20 convincingly, we could see it soar towards $4.50 and beyond, marking a significant recovery from its July lows.
But caution, fam! If RUNE faces rejection here and drops below $3.80 again, the bears might take control and push it back down to $3.50 levels. This is a critical moment where patience is key. All eyes are on the next volume spike! đ
Get ready for some action, whether it's up or down. Time to keep your fingers on the trigger!
đ Arthur Hayes Advocates Aptos as a Solution to Traditional Finance Problems
Arthur HAYES, the founder of BitMEX, claims that the Aptos (#APT ) network can solve numerous problems in the traditional finance (TradFi) sector. In a speech at the Aptos Experience conference in Seoul, Hayes discussed his experiences in the traditional finance sector, highlighting its outdated and inefficient nature. He pointed out common problems such as delays in remittances, settlement discrepancies, and stock deliveries.
Hayes explained that the inefficiencies he has seen in traditional finance often stem from outdated practices. He noted the problematic nature of transactions taking a day or two, questioning why, in a world where data moves quickly, financial transactions lag behind. He believes that decentralized exchanges (DEXs) could revolutionize the trading of traditional financial products, saying that exchangesâ reluctance to adapt stems from a fear of exposing their true value as intermediaries.
Hayes argues that using a DEX based on #Aptos could eliminate unnecessary delays and intermediaries. This approach, he says, could solve many problems for firms like BlackRock. He argues that traditional exchanges and brokers that profit from payment flows would become unnecessary. Hayes predicts that Aptos could outperform Solana (SOL) in the current market cycle, potentially becoming the second-best Layer 1 blockchain within one to three years.
{spot}(APTUSDT)
Justin Sun Openly Challenges His Competitors: We Will Be One of the Top 3 Coins!
Tron founder Justin Sun believes his protocol has strong upside potential against its competitors in the crypto ecosystem.
Sun predicted that TRX will soon be among the top three cryptocurrencies by market cap. Currently, Bitcoin ($BTC ), Ethereum ($ETH ), and Binance Coin ($BNB ) are at the top of the list.
Sun stated that Tron is developing rapidly and has reached a level where it can compete with current market leaders. In the interview, he said that while this goal was more of an âambitionâ seven years ago, today this forecast is based on data.
According to Sun, a large number of people are currently using Tron and if this demand continues, TRX could be among the top three cryptocurrencies by 2025 at the latest.
Tron is currently the second largest stablecoin network and has a USDT stablecoin reserve of $59.8 billion. This success brings Tron's total locked value (TVL) in the decentralized finance (DeFi) space to $8.04 billion.
In addition to its growth in the stablecoin and payment areas, the Tron ecosystem also draws attention with its memecoin revolution. After the launch of Sun Pump, Tron has become a popular destination for memecoin developers and investors looking for quick profits.
#KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
OMNI/USDT Breaks Above 200-SMA, Bulls Target $8.50
$OMNI
{spot}(OMNIUSDT)
{future}(OMNIUSDT)
OMNI/USDT is currently trading at $8.05, with a gain of +2.42%. The price is fluctuating between the $7.50 support level and the $8.50 resistance level, indicating a potential for breakout after the recent price increase. The price is currently above the 200-period moving average at $7.33, signaling a bullish bias. The VWAP at $7.97 is slightly below the current price, reinforcing the bullish sentiment.
The RSI is at 73.09, indicating overbought conditions, suggesting that while the bullish momentum is strong, a pullback could be expected soon.
The MACD line is at 0.13, with the signal line at 0.10, signaling strong bullish momentum. The histogram shows positive bars, further confirming that the momentum is positive.
Key support levels are around $7.50. If the price breaks below this level, the next target could be around $7.00. Conversely, a break above $8.50 could lead to a rally towards $9.50 or higher.
Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making trading decisions.
#6thTrade #MarketSentimentToday #Market_Update