📈 $LITUSDT (1D) Analiza Litentry (LIT) wskazuje na potencj | CRYPTO_APE na Binance Square

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📈 $LITUSDT (1D)
Analiza Litentry (LIT) wskazuje na potencjalne przebicie powyżej poziomu oporu 0,84 USD, z możliwym rajdem, ale niepowodzenie w utrzymaniu wsparcia na poziomie 0,567 USD może skutkować spadkiem w kierunku 0,435 USD.
$LIT #ScrollOnBinance  #UptoberBTC70K?  #DYOR  

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📌How to Choose a Crypto Exchange Why Is It Important? Choosing an exchange is similar to selecting a financial advisor or a bank. It affects not only the safety of your funds but also how effectively you can trade and manage your investments. Key Factors to Consider 🔵Reputation and Reviews: Trusted sources and community feedback can offer valuable insights. 🔵Security Measures: Look for exchanges that offer two-factor authentication (2FA), cold storage of funds, encryption, and insurance against theft. 🔵Fees Structure: Similar to comparing service charges between banks, compare the fee structure of various exchanges. This includes not just transaction fees but also withdrawal fees, and how they change with different trading volumes or cryptocurrencies. 🔵Payment Methods: Like the variety of payment options at a supermarket, check what payment methods the exchange accepts. This can include bank transfers, credit/debit cards, PayPal, and other digital wallets. 🔵Geographical Restrictions: Some exchanges may not operate in your region. Verify that the exchange is available in your country and supports your local currency. 🔵Liquidity: High liquidity is like a busy marketplace; it ensures you can buy and sell easily without affecting the price too much. An exchange with high liquidity provides better price discovery and faster transaction execution. 🔵Regulatory Compliance: An exchange that follows regulatory guidelines is more likely to be reliable and secure. $BNB

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🔹 Ethereum's Active Addresses Surge: Will Price Follow? 📊 Ethereum [ETH] is currently leading among Layer 1 (L1) and Layer 2 (L2) platforms in terms of active addresses. As of October 2024, there are over 5 million active addresses recorded across the Ethereum mainnet and its L2 networks. This growth is a significant indicator of Ethereum’s increasing dominance in the blockchain space. 📈 An analysis from IntoTheBlock shows that Ethereum is outpacing other networks in growth, with a notable rise in daily active addresses. Ethereum now holds a dominant position with its share of active addresses exceeding 40%. This surge is driven by the development and adoption of L2 networks like Arbitrum and Optimism. 💰 However, despite this increase in active addresses, Ethereum’s price movement has been modest. As of October 22, 2024, Ethereum is trading at $2,642, marking a slight decline of 0.85% in the last 24 hours. The price has been fluctuating within the $2,600 to $2,670 range, finding support near its 50-day moving average of $2,485. 📉 The Relative Strength Index (RSI) currently sits at 57.19, indicating neutral market momentum, while the Average True Range (ATR) of 96.16 shows a small uptick in volatility. These indicators suggest that external market factors and broader investor sentiment are playing a larger role in determining price action. 🚀 The increase in active addresses highlights Ethereum’s expanding ecosystem and growing demand. If Ethereum can maintain this momentum with continued adoption of Layer 2 networks and strong staking participation (over 34 million ETH currently staked), there is potential for the price to catch up to its on-chain growth. ⚠️ However, despite these positive signals, ETH’s price remains cautious. Technical indicators point to mixed signals, suggesting that while ETH’s network is flourishing, the market may be waiting for stronger catalysts to drive the price higher. $ETH #DYOR

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📈 LONG: $DOGSUSDT (4h) Tap games on Telegram, such as DOGS, provide decentralized token distribution and growth opportunities despite initial doubts. $DOGS #ScrollOnBinance #UptoberBTC70K? #DYOR

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#PYRUSDT is attempting to break the trend line on the daily timeframe👀 A successful upside breakout could lead to a significant bullish rally in the coming days🚀 Potential targets if bullish momentum continues: $3.16, $4.24, and $6.02🎯 $PYR #ScrollOnBinance #DYOR

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#FXSUSDT Frax Share has broken out from a descending channel on daily timeframe🚀 This breakout pattern signals potential for strong upward momentum ahead📈 If trend continues, expect price to move towards targets at $3,46, and $5,33🎯 $FXS #ScrollOnBinance #DYOR

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