SEI Crypto Records 2-month High, Eyes To Hit $0.65 This Uptober?
With the Bitcoin price holding its value above the $63,000 mark, the crypto market continues experiencing a strong bullish recovery. Furthermore, with the recent developments in the Decentralized Finance (DeFi) ecosystem, the SEI crypto has come under the limelight.
*Why is SEI Crypto rising?â and âHow High will SEI price go?â.*
_SEI Coin Price Hints A Bullish Breakout!_ đ
Amid increased market volatility, the SEI price has jumped 10.64% within the past day with a trading volume of $236.55 million.
Furthermore, it has jumped 29.67% over the past week and 35.97% during the past month.
Moreover, with a circulating supply of 3,524,861,111 tokens and a market capitalization of $1.35 billion, it has secured the 54th position in the global cryptocurrency market list.
The Simple Moving Average (SMA) has displayed a bullish convergence in the 1D time frame.
This indicates an increase in the buying-over-selling pressure for the altcoin in the market.
*How High Will SEI Go In 2024?*
If the market continues to gain momentum, the SEI price could breach its resistance level of $0.40 and head toward its upper level of $0.6015.
Maintaining the price at that level will attain the target levels.
$SEI
11/NN/SS/TT/AA đ trade_withsania
get more free signals âïž
$SAGA update
đ„ Resistance Area: The price recently hit resistance around 2.66 and has pulled back. This could indicate a rejection, but it would be important to confirm if the price is starting a downtrend.
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đ„ Moving Averages: The price is above the EMA (25), EMA (9), and EMA (200), suggesting an uptrend. Shorting while the price is above these levels might be risky unless there is a strong reversal signal.
đ„ RSI (Relative Strength Index): The RSI is at 64.37, which is close to overbought levels but not excessively high. However, it shows some signs of cooling off, which might suggest potential for a short, but itâs not a strong signal on its own.
đ„ Stochastic (K/D lines): The Stochastic is showing some potential for a bearish crossover, but the lines are not clearly crossing yet. If they do cross, this could be a sign of a short-term downward move.
đ„ Summary: It's worth considering a short if the price continues to reject the resistance zone and if there are additional confirmations (like bearish candlestick patterns or stronger Stochastic cross). However, since the overall trend is bullish, be cautious and perhaps wait for more confluence or set a tight stop-loss.#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #FOMC $SLF $BTC
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$BTC $BTC $BTC
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Why I remain bearish on Bitcoin:
1. **Chart Pattern**: The current Bitcoin chart is forming a "door" shape, indicating a potential downward movement once the top of the door is drawn.
2. **Indicator Misinterpretation**: Many traders misunderstand indicators, especially on larger time frames like the 1-hour or 4-hour charts. These might show an upward trend, but price movements can be deceptive.
3. **Historical Price Movements**: Bitcoinâs past behavior often repeats, signaling a possible decline based on previous patterns.
4. **Rising Bullish Sentiment**: There's a daily increase in news promoting bullish sentiment. Retail investors heavily favor long positions, and while shorts are declining, many of those still holding short positions are likely trapped and waiting for relief.
5. **Election Year Factors**: The Biden administration is unlikely to make drastic policy changes to improve the economy before the election. If changes donât work out, it could harm votes for Kamala Harris. Additionally, the US has its hands full with economic tensions with China, and unresolved issues with Russia, Ukraine, and Israel.
6. **Bitcoin's Volatility**: Bitcoin is a virtual currency that sometimes follows the dollar index and other times tracks the stock market, making it unpredictable. Occasionally, price movements seem orchestrated.
7. **Extreme Sentiment Risks**: When market sentiment or data only points in one direction, it usually signals the start of a reversal.
8. **Personal View**: As someone with 9 years of experience in the crypto world, I lean on technical indicators and macroeconomic analysis. Though Iâm not one of the oldest in the space, Iâve survived long enough to have my unique perspective. Based on this, I remain bearish on Bitcoin.#Write2Earn! #BTCâ #Write2Earn! #bitcoinâïž
#Write2Earn!
Vanar Weekly Recap: Week 43 - TOKEN2049 Singapore, AI & Web3 Panels, and $PVP Pre-Sale
This week has been all about expanding our partnerships, meeting new projects, and sharing the latest innovations from Vanar. Letâs dive into whatâs been happening:
Vanar joins Googleâs Developer Space đ
Our Asia Tour continued with Vanar taking the stage at Googleâs Developer Space in Singapore. We were honored to participate in the panel discussion, "AI and Web3 â Building the Decentralized Future!" where we explored the fusion of artificial intelligence and blockchain technology with other developers.
Vanar remains at the forefront of the AI revolution, partnering with mainstream companies and bringing real projects onto our platform. The decentralized future is bright, and weâre proud to be part of shaping it.
TOKEN2049 Singapore đ
With 20,000 attendees and industry leaders from over 150 countries, our senior management team has been on the ground, building connections and exploring groundbreaking collaborations.
From listening to pitches to discussing strategic partnerships, weâre fired up about the exciting opportunities ahead!
$PVP Pre-Sale LIVE đ„
The much-anticipated $PVP token pre-sale is officially live!
Phase 1 participants who successfully completed their tasks are now whitelisted for Phase 2. Donât miss out on this exciting opportunity! The first 1,000 participants to purchase $100 worth of $PVP using $VANRY will earn 20% cashback in $USDC! đ°
Enter here: https://t.co/MuoVayV79N
Weâre beyond thrilled for what's coming in the next few weeks! Expect new partners and validators strengthening our ecosystem, exciting new adoptions, and fresh campaigns rolling out! Get ready for some major updates!
Whale Deposits Another 15,000 ETH ($38.39M) to Kraken, Holds $69.7M in ETH
17 hours ago, a large whale with wallet 0x682 deposited 15,000 ETH (worth $38.39M) to Kraken:
Address: 0x682aa4ecb9c8ea51b22433189e979cad3f958711
This whale remains a major ETH holder, with 26,639 ETH (valued at $69.7M) in its wallet and an estimated total profit of $132M (+86%).
Whale's History:
In late 2022, the whale withdrew 96,639 ETH from Coinbase at an average price of $1,580 (estimated cost: $153M).Since March 6, 2024, the whale has deposited 70,000 ETH to Kraken at an average price of $3,069 (totaling $215M).
Notably, the last two large deposits were made just before sharp price drops:10,000 ETH ($34.2M) on July 25, just before a 7.6% price drop.15,000 ETH ($39.7M) on August 20, just before a 2.5% price drop.
This whale's activity is drawing attention, especially for its timing around significant market movements.
#ETH #eth $ETH
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$DODO â Driving the Future of DeFi Innovation!! A huge momentum now
@DODO_official is making waves in the decentralized finance (DeFi) space, rapidly becoming a frontrunner for this yearâs most innovative project. Its revolutionary token issuance mechanism allows seamless token launches across multiple blockchain networks, making it easier than ever for newcomers to break into the DeFi world.
simplifying the token launch process, DODO not only lowers barriers to entry but also makes decentralized finance accessible to a wider audience. In addition, DODOâs decentralized liquidity mining empowers users to create personalized liquidity pools, offering rewards while directly contributing to the ecosystemâs growth. The Pegged Pool feature also stands out by offering enhanced stability for stablecoin trades, a key feature for traders looking for reliability in a volatile market.
Currently, $DODO is experiencing a strong bullish run, having surged over 220% and hit new all-time highs. With a price of $0.1210 and a 14.95% gain, it briefly peaked at $0.1301 before a slight correction. Trading activity has skyrocketed, with 64.21M DODO tokens exchanged, bouncing back from a 24-hour low of $0.1035. The bullish momentum is still going strong, indicating potential for even greater gains ahead.
Moreover, DODOâs cross-chain functionality is reshaping the way tokens are created, especially within the rapidly expanding meme coin sector. This unique capability is positioning DODO as a major catalyst for DeFi innovation and growth.
#DODOEmpowersMemeIssuance #CATIonBinance #Write2Earn! #ETHETFsApproved #NeiroOnBinance
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Catizen (CATI) Hits 10% After Multiple Exchange Listings
An growing Telegram play-to-earn game, Catizen, grabbed waves when it launched with its native token, CATI. After its September 20, 2024 debut, Binance currently trades it.
Web 3 Nigerians are excited about the CATI token. With 34 million players and tremendous income, Catizen is a leader in blockchain gaming.
Airdrop Success
An efficient airdrop campaign with token distribution to early participants supports the CATI launch. Bybit was the first exchange to distribute 17.7 million CATI tokens in an airdrop.
To keep users engaged, this campaign is part of a 340 million token allocation with future airdrops. The debut trading price for CATI was $0.97, indicating strong investor interest for this new opportunity.
Apart from buzz, the airdrop has encouraged gamers to use Catizen more. Task completion and game city improvement in the Telegram mini app generate CATI tokens.
Catizen's innovative games and Telegram link make it appealing. Game currencies like Fish and vKitty provide CATI token awards.
In-app purchases have earned the game about $26 million. Catizen's growth seems solid with over 36 million players.
The initiative also grew with Mantle EcoFund sponsorship. As a Mini-app Center that blends launchpool features, Catizen offers better user experience and engagement. This method might make it a Web 3 gaming powerhouse.
To boost user engagement, airdrops and feature integrations are planned. The initiative will distribute 1 billion CATI tokens evenly between TON and Mantle.
As the Bitcoin world advances, Catizen's model may inspire all future play-to-earn games. Catizen's future seems bright due to interesting gameplay, community interaction via airdrops, and clever alliances.
With Catizen's debut and Hamster Kombat's airdrop in September, Nigeria's crypto community is focused on these projects as they compete in Web 3 gaming.
#CATIonBinance #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #TrumpFirstBTCUse $CATI
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$POWR /USDT
When trading in financial markets, understanding support and resistance levels is crucial for making informed decisions. Support is a price level where a stock or asset tends to find buying interest, preventing the price from falling further. It acts as a "floor" where demand overtakes supply. Traders often look for signs of a bounce at support levels, using it as an entry point for buying or reinforcing their positions.
On the other hand, resistance is a price level where selling pressure is strong enough to prevent the price from rising further. It acts as a "ceiling" where supply surpasses demand. Traders watch resistance levels closely, as they may indicate a good exit point for locking in profits or short-selling.
Spotting these levels can help traders identify potential entry and exit points, set stop losses, and understand market psychology. Support and resistance zones can be identified through chart patterns, trend lines, or technical indicators like moving averages. A break of either support or resistance often signals a shift in market momentum, offering potential opportunities but also increased risks. Understanding how to spot and use these levels in trading is key to improving your market strategies.
#DODOEmpowersMemeIssuance #CATIonBinance #BTCReboundsAfterFOMC #FOMC #NeiroOnBinance
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đą đš URGENT ALERT FOR $BANANA /USDT â MAJOR MOVE INCOMING! đ„ THIS COULD BE YOUR NEXT BIG TRADE! âĄ
$BANANA is teetering on the edge of a crucial support level after a strong downtrend, followed by consolidation. Traders, this is your momentâget ready for action! âĄ
đ Current Price: $35.97
đŒ BREAKOUT TARGET â HUGE UPSIDE POTENTIAL:
đ Take Profit (TP): $34.16 â This is the next level to watch. A drop below could open the gates for further downside.
đœ SUPPORT LEVELS â CRITICAL WATCH POINTS:
đ„ Strong Support: $33.84 â A breakdown here could lead to a deeper move lower. This is your key support level to monitor.
đ„ Next Support: $30.00 â If $33.84 doesnât hold, this is the next stop where the market could stabilize.
â ïž TRADE SETUP â TIME TO ACT:
Bearish Scenario (Short Trade): Look for a move below $34.16, with $33.84 as the next critical level. đšBullish Scenario (Long Trade): If $BA$BANANA ages to hold $34.16 and reverses, watch for a potential rebound toward $40.00.
đ MARKET INSIGHTS â HIGH VOLATILITY AHEAD:
BANANA a major downward move, followed by consolidation. If it breaks below the key support zone, expect further downside. However, any reversal could signal the beginning of a recovery.
đą FINAL NOTE â DONâT MISS THIS TRADE!
banana for a major shiftâwhether itâs up or down, a big move is on the horizon. Stay alert and prepared!
#DODOEmpowersMemeIssuance #USRetailSalesRise #BinanceLaunchpoolHMSTR #Write2Earn! #ETHETFsApproved
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đš How To Reach Millionaire Status In Crypto By Investing Safe đš Get Ready for the Market Pump Soon đ„
$BTC is still at a relatively cheap price as it is hovering around 62.5K and 63K. If you think the Bullrun is over, you should reconsider your approach. A couple of events coming out in the coming months which will light up the market and give BTC along with the Altcoins the boost while new all time highs will be reached. Consider buying more of your favorite coins as you could still become millionaires next year. The plan is as follows:
âš $100,000 investment in 10 of the top 100 coins will guarantee a x10 increase in each of your coins, giving you a minimum of 1 Million at the end of the bull market.
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Grab your coins now as $PEPE & $JASMY even MEME coins will give you a very big opportunity to get life-changing income, the most important thing is that you should know when to sell at the end of next year's bull market to guarantee Maximum profit.
Play it smart and safe, don't gamble your money on risky coins and you will succeed in crypto.
đ„ The Main Events which could Heat Up the Market is as follows:
- USA Elections (Specially if Trump Wins).
- Any Peace Agreement in the middle east leading to ceasing fire.
- Monthly 0.5% to 0.25% drop in interest rates expected by the USA FED.
- Final Settlement Decisions in most of the Crypto vs SEC cases (example the Ripple Case).
Keep those points in your mind and try to grab opportunities while you still can...
Don't forget to follow and like for MORE exclusive Content đ„
#BTCReboundsAfterFOMC #FOMC #BTC #TrumpFirstBTCUse
đą đš HUGE POTENTIAL MOVE IN $FTM /USDT â ARE YOU READY? đ„ THE MARKET IS AT A CRITICAL STAGE! âĄ
$FTM is currently hovering around a key level, following a strong bullish run. Traders, itâs time to gear up because the next big move could be just around the corner! âĄ
đ Current Price: $0.6447
đŒ BREAKOUT TARGET â MASSIVE UPSIDE POTENTIAL:
đ Take Profit (TP): $0.7000 â Watch this level closely; a break above could spark another bullish rally.
đœ SUPPORT LEVELS â KEEP THESE LEVELS ON YOUR RADAR:
đ„ Strong Support: $0.6000 â This level needs to hold for bulls to maintain control. A drop below might signal weakness.
đ„ Critical Support: $0.5202 â Failing to hold here could push prices lower, potentially leading to a sharper correction.
â ïž TRADE SETUP â PAY ATTENTION TO THE NEXT MOVE:
Bullish Scenario (Long Trade): A breakout above $0.7000 could fuel more upward momentum. đBearish Scenario (Short Trade): If $FTM fails to hold $0.6000, expect a move down, with $0.5202 as the next target.
đ MARKET INSIGHTS â MOMENTUM BUILDING:
FTM has had a strong bullish run but now faces consolidation. A breakout above $0.7000 could extend this run, while failure to hold support at $0.6000 might indicate a pullback is coming.
đą FINAL CALL â DONâT MISS OUT ON THIS MOVE!
FTM is at a critical juncture. The next big trading opportunity is fast approaching, so keep your eyes peeled for a potential breakout or pullback!
#Write2Earn! #ETHETFsApproved #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #DODOEmpowersMemeIssuance
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#BTC Accurate Prediction Again đŻ đŻ..
$BTC $61,500 and $59,480 Target In sight...
Bitcoin ($BTC ) continues its downward spiral, validating my previous prediction. Yesterday's price of $63,758 has dropped to $62,759, confirming the bearish trend. Decreasing volume intensifies selling pressure, indicating further decline. Expect $BTC to dip to $61,500 initially, followed by a potential slump to $59,480.
My accurate forecast demonstrates the prevailing market sentiment. Investors should exercise caution as Bitcoin's value is likely to decrease.
#DOGSONBINANCE
#BinanceLaunchpoolHMSTR
#CPI_BTC_Watch
#DODOEmpowersMemeIssuance
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