$DOGS /USDT
Spot and Resistance in Trading
Spot and resistance are crucial concepts in trading, particularly in technical analysis, where traders look at price charts to predict future movements. Spot price refers to the current market price at which an asset, such as a stock, currency, or commodity, can be bought or sold. It's the real-time price that fluctuates based on market demand and supply. Traders use the spot price to make short-term trades, often looking to profit from immediate price movements.
Resistance, on the other hand, is a price level where an asset struggles to break above. Itâs a key point on a chart where sellers tend to step in and prevent the price from rising further. Resistance levels are identified through previous price patterns and are often seen as psychological barriers. When the price approaches resistance, it may reverse or consolidate before either breaking through or falling back.
Traders use these concepts to develop strategies: buying when the price is near a support level (the opposite of resistance) and selling near resistance. However, when an asset breaks through a resistance level, it can signal a strong upward trend, encouraging traders to buy in anticipation of further gains. Understanding spot and resistance helps traders maximize their chances of profitable trades.
#DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #FOMC
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Rocky Rabbit: The Tale of a Troubling Investment đđ
In the bustling world of crypto, Rocky Rabbit promised the moon but delivered mere crumbs. Hereâs a deep dive into the numbers that unveil the unsettling truth.
The Numbers Game:
Total Participants: 25 million hopeful users
Transaction Amount: Each charged $2.50
Total Amount Collected: $62,500,000
Tokens Distributed: A staggering 10.5 trillion tokens
Estimated Market Price: $0.0000067 per token
Total Value of Distributed Tokens: $70,350,000
Whatâs in it for You?
Average Tokens Received: 420,000 tokens per user
Average Value Received: Only $2.81 worth of tokens
The Discrepancy: While users invested their time and trust, the reality was stark: after all the commitment, participants were left with a mere $2.81 for their $2.50 investment. This glaring gap raises serious questions about the integrity of the Rocky Rabbit project.
Final Thoughts: With $62.5 million collected but a mere fraction returned, Rocky Rabbit's model resembles more of a scam than a sound investment opportunity. It's a wake-up call for all investors to remain vigilant and informed.
Stay savvy in the crypto world!
#DODOEmpowersMemeIssuance #BinanceLaunchpool #BTCReboundsAfterFOMC #RockyRabbitScam
#BinanceLaunchpoolHMSTR
**Blockchain & Crypto News Flash**
đź This week in prediction markets:
- **Caroline Ellison's Fate**: Polymarket traders are betting there's a 46% chance Caroline Ellison, former CEO of Alameda Research, won't serve prison time, thanks to her cooperation with prosecutors. However, there's still a 20% chance she could face 12-13 months. What do you think? Share your thoughts below!
- **Qualcomm-Intel Deal**: Qualcomm's potential takeover of Intel has only a 13% chance of success by Oct. 31, according to Polymarket. Intel's shareholders might welcome it, but regulatory hurdles could be a major roadblock. Will it happen? Comment your predictions!
- **Token2049 Highlights**: dYdX and Wintermute are diving into prediction markets. dYdX plans to launch perpetual futures, while Wintermute's OutcomeMarket will let users trade outcomes as tokens. Excited? Discuss below!
Stay tuned for more updates and join the conversation! đ
đ **Crypto Alert: Rexas Finance (RXS) Set to Skyrocket 3,200% by 2025!**
- **Toncoin (TON) & Cardano (ADA)**: Once favorites, now facing investor exodus due to stagnation and underperformance.
- **Rexas Finance (RXS)**: The new star, expected to surge by 3,200% in Q1 2025, thanks to its innovative Real-World Asset (RWA) tokenization and advanced DeFi tools.
- **Presale Opportunity**: Stage 2 tokens at $0.04. Donât miss out!
đĄ **Why RXS?**
- Breakthrough tech
- Real-world asset tokenization
- Multi-chain DeFi tools
Join the conversation! What are your thoughts on Rexas Finance? Comment below! đ
For more info, visit: [Rexas Finance](https://rexas.com)
Breaking news: Would-be Trump assassin in Florida outlined plans in note.
The disclosure, included in a court filing, paints the clearest picture yet of an itinerant contractor who repeatedly said he was willing to die to defend Ukraine.
A 58-year-old man accused of trying to assassinate former President Donald J. Trump acknowledged in a prewritten note that he had planned the attack â and even predicted his failure, according to a federal court filing on Monday.
The man, Ryan W. Routh, staked out the grounds of Mr. Trumpâs golf course in West Palm Beach, Fla., for a month before the episode, the filing said. He positioned himself outside the fence at the sixth hole of the course on Sept. 15, before a Secret Service agent scouting one hole ahead of the former presidentâs group spotted him and the barrel of his gun.
At the time he was seen, Mr. Routh had aligned himself directly to the sixth hole, with the intention of shooting Mr. Trump from a relatively short distance with a semiautomatic rifle, prosecutors said. The rifle, equipped with a scope and left at the scene, had a bullet in the chamber and a total of 11 rounds. Investigators also found Mr. Routhâs fingerprint on the weapon.
Source: The New York Times
đ **Crypto Mining: The East vs. West Showdown!**
- Despite China's crypto ban, Chinese Bitcoin miners still control a whopping 55% of the global network. Talk about persistence! đšđł
- U.S. mining firms are catching up, now managing 40% of the network. It's like a crypto tug-of-war! đșđž
- China's dominance is surprising, given their strict 2021 ban on mining and trading.
- Change is brewing: China plans to update its AML regulations by 2025 to include crypto transactions. Could this mean a softer stance on crypto? đ€
- Bitcoin miners had a rough August, with revenues hitting a yearly low of $827.56 million. Hang in there, miners!
đ Despite China's crypto ban, Chinese Bitcoin miners still dominate the global network, controlling 55% of the hashrate! đ According to CryptoQuant's Ki Young Ju, U.S. mining pools are catching up, managing 40% and catering to institutional miners.
đ Fun fact: China's crypto ban hasn't stopped the tech-savvy from finding ways around it. With new AML regulations on the horizon for 2025, will China finally embrace Bitcoin?
đ Meanwhile, Bitcoin miners worldwide felt the squeeze in August, with revenues dropping to $827.56 million, the lowest in a year.
đŹ What do you think? Will China unban Bitcoin by 2024? Drop your thoughts below! đ
đ Market Buzz: Nvidia's Future Looks Bright! đ
- Nvidia (NASDAQ:NVDA) ranks 4th on our Top 10 Buzzing AI Stocks list! đ
- Despite Blackwell delays, analysts like Bernsteinâs Stacy Rasgon see huge potential. "Demand is off the charts!"
- Nvidia's data center boom could hit $1-2 trillion by decade's end. CEO Jensen Huang is optimistic.
- Competition from AMD, Google, Amazon, and Apple is fierce, but Nvidia's market share could still be massive.
What do you think? Is Nvidia the future of AI? đ€ Drop your thoughts in the comments! đŹ #Nvidia #AI #StockMarket #Crypto #Economy
Terra Luna Classic Community Passes Key Proposal, $LUNC To $0.0003?
The #TerraLunaClassic community has unveiled a proposal, that appears to have fueled #Optimism among market participants. The proposed upgrade aims to correct a major issue that was implemented mistakenly in a previous upgrade. Notably, this proposal has also sparked discussions over its potential impact on #LUNCâ
price, after the crypto rallied over 17% last week. But the price has failed to maintain its momentum this week amid a volatile #Scenario in the broader crypto market.
Despite that, the community seems to be bullish over a potential rally, with community-driven upgrades and the latest security updates and developments.
#DODOEmpowersMemeIssuance
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**News Flash: Chinese Bitcoin Miners Still Dominate Despite Ban**
- Chinese Bitcoin miners continue to control over 55% of the global network, despite a nationwide ban on cryptocurrencies since 2021, according to CryptoQuant CEO Ki Young Ju.
- U.S. mining firms are catching up, managing 40% of the network, primarily serving institutional miners, while Chinese pools support smaller miners in Asia.
- China plans to amend its Anti-Money Laundering (AML) regulations in 2025 to include cryptocurrency transactions, aiming to curb money laundering risks.
- Bitcoin miners globally faced a tough August, with revenue dropping to $827.56 million, the lowest in a year.
Neiro: A Bull Run Beckons?
Neiro (NEIRO), the enigmatic Ethereum-based token, has been quietly brewing a storm. With its unique blend of innovation and utility, Neiro is poised to embark on a remarkable journey, potentially igniting a bull run that could rival the most legendary crypto sagas.
A Beacon of Innovation: Neiro's appeal lies in its ability to bridge the gap between traditional finance and the decentralized world. Its cutting-edge technology empowers users to seamlessly transact, invest, and manage their assets, all within a secure and transparent ecosystem.
The Bull Run is Here: As the crypto market continues to mature, the stage is set for a monumental bull run. Neiro, with its strong fundamentals and growing community, is well-positioned to capitalize on this surge. Investors are increasingly recognizing the potential of projects like Neiro, which offer both stability and the promise of substantial returns.
Join the Neiro Revolution: If you're seeking a crypto investment with the potential for significant gains, Neiro is worth considering. Its innovative approach, coupled with the growing momentum in the crypto market, makes it a compelling choice.
#NEIROUSDT #trendingtopic $NEIRO @Neiro0X81 @EliteDaily
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feel free to to tip if it doesn't hurt your wallet!
Don't miss out on this exciting opportunity! Stay tuned for more updates on Neiro and the crypto market.