Technical Analysis: $BOME
{spot}(BOMEUSDT)
/USDT
As BOME/USDT continues to gain traction, let’s delve into the technical aspects that could guide traders in the upcoming sessions.
Current Price: $0.009566
Recent Performance: +9.05% in the last 24 hours
Key Levels to Watch 🎯
1. Target 1: $0.010000
This level serves as a significant resistance point. A breakout above this threshold could trigger further bullish momentum, attracting more buyers and potentially leading to an upward rally.
2. Target 2: $0.011000
If the upward trend persists, this target could become a focal point for traders. It's crucial to monitor trading volumes as price approaches this level to confirm sustained interest from buyers.
3. Target 3: $0.008800
This level acts as a crucial support point. A strong hold above this area could provide a solid base for BOME, ensuring the bullish trend remains intact. A drop below this level may indicate a shift in sentiment.
Technical Indicators
RSI (Relative Strength Index): Currently trending upwards, suggesting bullish momentum. However, keep an eye on potential overbought conditions as the price approaches resistance levels.
Moving Averages: The short-term moving average has crossed above the long-term moving average, indicating a bullish signal.
Conclusion
BOME/USDT shows promising potential as it navigates key resistance and support levels. Traders should watch these targets closely and consider market sentiment before making any decisions.
Stay informed and happy trading!
#Write2Earn!
_🚨💹👌Trump Family to Receive 75% of Revenue from World Liberty Financial ($WLFI)_ 💸
$WLD $BTC $PEPE 🌏⤴️🪙
{spot}(PEPEUSDT)
{spot}(BTCUSDT)
{spot}(WLDUSDT)
A new crypto project, World Liberty Financial ($WLFI), has allocated 75% of its revenue to the Trump family, sparking controversy.
_Project Details_ 📊
- $WLFI describes itself as a crypto bank
- Aims to raise $300 million at a $1.5 billion valuation
- Only $12.9 million worth of tokens sold so far
_Token Allocation_ 📈
- Trump family: 22.5 billion $WLFI tokens (75% of revenue)
- Valued at $337.5 million (based on 1.5 cents per token launch price)
- No formal roles in the company (directors, employees, managers)
_Allocation Breakdown_ 📊
- Token Sale: 35%
- Community Growth and Incentives: 32.5%
- Initial Support Allocation: 30%
- Team and Advisors: 2.5%
- Axiom Management Group (AMG): 25% of net protocol revenue
_Controversy Surrounds Allocation_ 🚨
- Critics question legitimacy of allocation
- Concerns over lack of transparency
_Expert Insights_ 💡
"This allocation raises serious questions about the project's intentions." - Crypto Analyst
_Source:_
Bloomberg
Date: October 2024
#Cryptocurrency #TrumpFamily #WorldLibertyFinancial #WLFI #RevenueAllocation
_Note:_ Cryptocurrency markets are highly volatile; information subject to change. Investors should exercise caution and conduct thorough research.
🚨🚨 CRISIS ALERT: 5 Major Coins to Be Delisted from Binance – Your Investments Are at IMMEDIATE RISK! 🚨🚨
Attention all crypto investors! Binance is preparing to delist five major cryptocurrencies, and if you hold any of these tokens, you need to move fast before September 18, 2024, to safeguard your investments. ⚠️ Time is running out, and failure to act could leave your assets stranded!
Here are the coins on the chopping block:
ForTube (FOR): Currently trading at 0.00997 USDT, down a staggering 42.51%.Ellipsis (EPX): Priced at 0.0000799 USDT, down 34.60%.Voyager Token (VGX): Trading at 0.0399 USDT, down 33.64%.PowerPool (CVP): Sitting at 0.2300 USDT, down 39.23%.Reef (REEF): Trading at 0.000917 USDT, down 21.08%.
How to Secure Your Assets:
Withdraw or Convert: Move your tokens to another exchange or convert them into Binance stable assets.Use Private Wallets: Ensure your tokens are stored in secure wallets that support these coins.Stay Updated: Monitor Binance for any further developments regarding delistings.Explore Other Exchanges: Check if these tokens are still available on other platforms to avoid being locked out.
Why Are These Tokens Being Delisted?
Binance regularly reviews its listed assets based on user activity, project development, and trading volume. Unfortunately, these five tokens no longer meet their standards, resulting in their removal from the platform.
REEF’s Wild Ride: Caution Ahead
REEF saw an explosive 1500% surge following the delisting announcement, only to experience a sharp 70% drop soon after. If you’re considering investing in REEF during this volatility, proceed with extreme caution—whale manipulation could trigger dangerous price swings. ⚠️
#MemeCoinTrending #GrayscaleConsiders35Cryptos #Write2Earn! #ETHETFsApproved #TeslaTransferBTC
Investor Profits Over $550,000 from Tokens.
A remarkable investment triumph unfolded in the cryptocurrency world, as an astute trader accumulated profits exceeding $550,000 by minting Daram and Frogs tokens for free. According to data from Lookonchain, this achievement highlights the potential for rapid financial gains in the digital currency landscape.
How Did the Investor Generate Such High Returns?
The investor minted a staggering 45.9 billion Daram tokens through 918 wallets, incurring about $10,000 in gas fees. Simultaneously, they procured 8.8 trillion Frogs tokens via 880 wallets, spending roughly $7,000 on gas fees during this process.
What Transactions Led to the Profits?
After minting, the investor sold all Frogs tokens, netting approximately 26.56 ETH, or around $69,000. Furthermore, the sale of 32.3 billion Daram tokens yielded an additional 69 ETH, equating to about $180,000 in gains. Currently, they hold 13.6 billion Daram tokens, valued at roughly $319,000.
Key insights from this case include:
• Strategic use of multiple wallets can significantly enhance earnings.
• High gas fees can be mitigated through careful planning.
• Free minting strategies can lead to substantial profits in the cryptocurrency market.
• Swift transaction responses can capitalize on fluctuating token values.
The investor's actions with Daram and Frogs serve as an inspiration for others in the crypto sector, showcasing that significant profits are achievable even in the face of considerable expenses. This instance underscores the importance of seizing opportunities and employing creative strategies within the rapidly evolving cryptocurrency market.
📢 **Crypto Voters Could Sway 2024 US Presidential Election!**
- A survey by The Digital Chamber reveals that 1 in 7 US voters say a candidate's stance on crypto could decide their vote in the 2024 Presidential Election.
- 16% of respondents, dubbed the "Crypto Voting Bloc," are more likely to support pro-crypto candidates.
- 25% of Democrats and 21% of Republicans agree that a candidate's crypto policies could positively influence their vote.
- Notably, 40% of Black voters prioritize crypto policies, double the portion of white voters.
- VP Harris and Donald Trump have both pledged pro-crypto policies, aiming to capture this influential voter base.
💬 What do you think? Will crypto decide the next president? Comment below! 🚀
L'individu qui avait usurpé la SEC sur X pour annoncer une fausse approbation des ETF a été arrêté 👮♂️
Grâce à une attaque de SIM swapping, Eric Council Jr. a publié une fausse annonce d'approbation des ETF #Bitcoin spot, provoquant une forte hausse temporaire du cours du $BTC 📈, suivie d'une chute brutale après le démenti de @GaryGensler , président de la @SECGov.
L'affaire met en lumière les failles de sécurité 🔓 du compte de la SEC, qui n'était pas protégé par une authentification à deux facteurs.
Technical Analysis: $DIA
{spot}(DIAUSDT)
/USDT
As DIA/USDT continues to show strong momentum, we’ll analyze potential target levels for traders to consider in this dynamic market.
Current Price: $1.0665
Price Movement: Currently experiencing a slight pullback of 3.65% from the recent high.
Key Support and Resistance Levels:
1. Target 1: $1.2000 🎯
This level has acted as a significant resistance point in the past. If DIA/USDT can break above this level, it could signal further bullish momentum and potentially lead to new highs.
2. Target 2: $1.3000 🎯
A psychological resistance level, $1.3000 could be the next major target for traders if the momentum continues. Watch for volume spikes and buying pressure around this mark.
3. Target 3: $0.9000 🎯
On the downside, if the price fails to maintain its current level, this support level may come into play. A bounce from here could provide a good buying opportunity for long-term holders.
Conclusion: Traders should closely monitor market sentiment and volume as these targets are approached. Utilizing stop-loss orders and risk management strategies is crucial when navigating these levels.
Stay informed and trade wisely!
In simple terms, the market is currently going up, but it is expected to reach a point (called the "resistance area") where it will face strong opposition. Once it hits this level, the upward movement will likely stop, and the price is expected to reverse direction and start going down.
1. Uptrend. The price is rising, and it is moving toward a specific level where it might face resistance.
2. Resistance Area. This is a price level where the market tends to struggle to go higher because many traders start selling here, believing the price is too high.
3. Reversal After hitting the resistance, the price is likely to stop rising and start falling. This is known as a reversal, which indicates a shift from the previous upward trend to a downward one.
4. Downtrend. After the reversal, the price will likely continue falling, marking the start of a downward trend
$BTC
{future}(BTCUSDT)
#MemeCoinTrending #BNBRisesTo600 #TeslaTransferBTC #USRetailSalesBoost #SCRSpotTradingOnBinance
_🚨💹👌Bitcoin to Soar to $500,000 by 2028: PlanB's Bold Prediction_ 🚀
$BTC $HMSTR $LUMIA 🌏⤴️🪙
{spot}(LUMIAUSDT)
{spot}(HMSTRUSDT)
{spot}(BTCUSDT)
Renowned crypto analyst PlanB has reaffirmed his long-term bullish stance on Bitcoin, predicting a staggering price of $500,000 by 2028.
_Background_ 📊
In June 2019, when Bitcoin was trading around $8,900, PlanB made a bold forecast:
- Market cap exceeding $1 trillion
- Bitcoin reaching $50,000 by 2024
_Updated Forecast_ 🔥
PlanB now predicts:
- Bitcoin hitting $500,000 by 2028
- Market cap growing to $10 trillion
_Confidence in Bitcoin's Future_ 💪
PlanB's unwavering confidence stems from Bitcoin's:
- Increasing adoption
- Improving infrastructure
- Store-of-value properties
_Expert Insights_ 💡
"Bitcoin's scarcity and decentralized nature will drive its value." - PlanB
_Market Reaction_ 📈
Bitcoin price surges following PlanB's updated forecast.
_Analysis_ 📊
PlanB's prediction is based on:
- Stock-to-Flow model
- Historical price patterns
- Growing institutional investment
_Implications_ 🌊
- Increased mainstream adoption
- Improved regulatory clarity
- Enhanced market liquidity
_Source:_
CoinTelegraph
Date: October 2024
#Bitcoin #PlanBAnalysis #CryptocurrencyCulture #Predictions_Tickeron #MarketCap #Adoptions
_Note:_ Cryptocurrency markets are highly volatile; predictions are subject to change.
Tokens To Watch — Highest Long/Short Ratio
Here are the top 5 tokens with the highest long/short ratio at the moment. In case you are not familiar with this metric, here's a quick explanation:
- A token's long/short ratio can provide valuable insights into market sentiment.
- When the ratio shows many long positions compared to shorts, it signals strong bullish sentiment and suggests traders expect the price to rise.
- However, there’s a downside: too many traders are on the long side creates vulnerability. If the market suddenly turns or unexpected news hits, these heavily long tokens are likely to experience a sharp sell-off as traders rush to close positions, accelerating the downward move.
Here's the list:
1 - Linear Finance $LINA - Longs: 83%
2 - Hashflow $HFT - 83%
3 - Aevo $AEVO - 82%
4 - NKN $NKN - 81%
5 - Polkador $DOT - 81%