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How One Person Turned $5K into $24M with Dogwifhat Token 💲🫣 🚀 Incredible Crypto News Alert! 🚀 Just in: Lookonchain has revealed a jaw-dropping success story in the world of meme cryptocurrencies. Recently, five wallets, potentially owned by the same investor, sold a staggering 14.53 million Dogwifhat tokens (WIF) valued at $24 million. What's even more astonishing? These tokens were originally acquired for just $5,340 last November! This savvy investor saw their investment skyrocket by an incredible 4,497 times! If sold at the peak price, the profit could have surpassed an eye-watering $69 million, marking a mind-blowing 12,927-fold return on investment. Dogwifhat (WIF) has been navigating a bearish market phase lately, trading around $1.68 amid broader market challenges. However, analysts remain optimistic about its potential recovery, especially given the supportive role of the Solana network. If the memecoin sector rebounds, tokens like WIF could see renewed interest and substantial price gains. Stay tuned as we continue to monitor this exciting development in the cryptocurrency market! 🌐💰 #CryptoNews🚀🔥 #dogwifhat #InvestingSuccess #CryptocurrencyAnalysis
How One Person Turned $5K into $24M with Dogwifhat Token 💲🫣

🚀 Incredible Crypto News Alert! 🚀

Just in: Lookonchain has revealed a jaw-dropping success story in the world of meme cryptocurrencies. Recently, five wallets, potentially owned by the same investor, sold a staggering 14.53 million Dogwifhat tokens (WIF) valued at $24 million. What's even more astonishing? These tokens were originally acquired for just $5,340 last November!

This savvy investor saw their investment skyrocket by an incredible 4,497 times! If sold at the peak price, the profit could have surpassed an eye-watering $69 million, marking a mind-blowing 12,927-fold return on investment.

Dogwifhat (WIF) has been navigating a bearish market phase lately, trading around $1.68 amid broader market challenges. However, analysts remain optimistic about its potential recovery, especially given the supportive role of the Solana network. If the memecoin sector rebounds, tokens like WIF could see renewed interest and substantial price gains.

Stay tuned as we continue to monitor this exciting development in the cryptocurrency market! 🌐💰 #CryptoNews🚀🔥 #dogwifhat #InvestingSuccess #CryptocurrencyAnalysis
Crypto trader turns $8k into $800,000 in 1 hour 😱 🚀💸 Ever wondered how savvy crypto traders turn small investments into massive profits? Take a look at this incredible success story! 📈🔥 Recently, a trader on the Raydium Protocol transformed $8,000 into a jaw-dropping $800,000 in just one hour! 🌟 They seized the opportunity with the launch of CTO, a new meme coin by MakeNow.Meme, leveraging their initial investment of 50 SOL tokens. Initially acquiring 256.8 million CTO tokens, the trader sold 227.67 million CTO tokens within an hour for 4,771 SOL, approximately $811,000! 😲 This led to a staggering profit of 4,721 SOL or $802,500—a 94-fold increase! Not stopping there, the same trader also saw success earlier with PFI, earning 30 times their investment in just eleven hours. 📊💰 While these gains highlight the potential of meme coin trading, it's crucial to note the risks involved. Meme coins like CTO often lack fundamental value, making such trades highly volatile. In a market where Solana (SOL) faces short-term bearish sentiment, careful timing and research remain key to success in both established assets and emerging meme coins. Remember, investing in cryptocurrencies carries risks, and it's important to do thorough research and understand the market dynamics before diving in. 📉💡 #CryptoTradingGuide #MemeCoinsSeason #InvestingTips #CryptocurrencyAnalysis #meme_coin
Crypto trader turns $8k into $800,000 in 1 hour 😱

🚀💸 Ever wondered how savvy crypto traders turn small investments into massive profits? Take a look at this incredible success story! 📈🔥

Recently, a trader on the Raydium Protocol transformed $8,000 into a jaw-dropping $800,000 in just one hour! 🌟 They seized the opportunity with the launch of CTO, a new meme coin by MakeNow.Meme, leveraging their initial investment of 50 SOL tokens.

Initially acquiring 256.8 million CTO tokens, the trader sold 227.67 million CTO tokens within an hour for 4,771 SOL, approximately $811,000! 😲 This led to a staggering profit of 4,721 SOL or $802,500—a 94-fold increase!

Not stopping there, the same trader also saw success earlier with PFI, earning 30 times their investment in just eleven hours. 📊💰

While these gains highlight the potential of meme coin trading, it's crucial to note the risks involved. Meme coins like CTO often lack fundamental value, making such trades highly volatile.

In a market where Solana (SOL) faces short-term bearish sentiment, careful timing and research remain key to success in both established assets and emerging meme coins.

Remember, investing in cryptocurrencies carries risks, and it's important to do thorough research and understand the market dynamics before diving in. 📉💡

#CryptoTradingGuide #MemeCoinsSeason #InvestingTips #CryptocurrencyAnalysis #meme_coin
$95K or $120K? Bitcoin traders diverge on next BTC price top 🌟 Bitcoin Price Surge: What’s Next? 🌟 Crypto traders are buzzing about Bitcoin's next potential price top! Some analysts believe BTC could soar to $120K, while others expect a more conservative peak around $95K. 📈 🔍 **Key Levels to Watch:** - Bitcoin needs a **weekly close above $71,500** to confirm the next leg up in the bull cycle. - Significant resistance exists at **$67,000** and **$67,500**, where a breakout could lead to liquidations worth over $1.4 billion! 💥 🚀 Whether BTC hits $95K or $120K, it’s clear that the market is gearing up for some major moves. Keep an eye on these levels and stay informed! 💰 #Bitcoin #BTC☀ #Crypto #bitcoin #CryptocurrencyAnalysis
$95K or $120K? Bitcoin traders diverge on next BTC price top

🌟 Bitcoin Price Surge: What’s Next? 🌟

Crypto traders are buzzing about Bitcoin's next potential price top! Some analysts believe BTC could soar to $120K, while others expect a more conservative peak around $95K. 📈

🔍 **Key Levels to Watch:**
- Bitcoin needs a **weekly close above $71,500** to confirm the next leg up in the bull cycle.
- Significant resistance exists at **$67,000** and **$67,500**, where a breakout could lead to liquidations worth over $1.4 billion! 💥

🚀 Whether BTC hits $95K or $120K, it’s clear that the market is gearing up for some major moves. Keep an eye on these levels and stay informed! 💰

#Bitcoin #BTC☀ #Crypto #bitcoin #CryptocurrencyAnalysis
🚀 Exciting developments for Ripple's XRP! Following the SEC's amendment to the Binance lawsuit, XRP has surged over 9%, now surpassing $0.65 with a market cap of $36.5 billion. It's reclaimed the sixth spot, flipping USDC. {spot}(XRPUSDT) 🐋 Whale activity has skyrocketed too, with a significant increase in addresses holding 10,000+ XRP. Santiment data reveals a return to a six-month high of 279,400 such addresses. This surge in large wallets often correlates strongly with XRP's market value. 📈 Analysts speculate that the SEC's action, removing several altcoins from the 'securities' category, may expedite the settlement of Ripple's long-standing lawsuit. Ripple CEO Brad Garlinghouse criticized the SEC for inconsistent regulatory practices, suggesting a potential shift in XRP's regulatory outlook. 🔍 XRP's price surge to $0.65 coincides with a 133% increase in daily trading volumes, now at $2.726 billion. It's comfortably trading above key moving averages and has shown a bullish breakout pattern, potentially targeting resistance at $0.90 and beyond. Will XRP break its 6-year price consolidation with a push towards its all-time high? Stay tuned as the crypto landscape continues to evolve! 🌐💬 #XRP #CryptoNews🚀🔥 #Ripple💰 #SECApproval #CryptocurrencyAnalysis
🚀 Exciting developments for Ripple's XRP! Following the SEC's amendment to the Binance lawsuit, XRP has surged over 9%, now surpassing $0.65 with a market cap of $36.5 billion. It's reclaimed the sixth spot, flipping USDC.

🐋 Whale activity has skyrocketed too, with a significant increase in addresses holding 10,000+ XRP. Santiment data reveals a return to a six-month high of 279,400 such addresses. This surge in large wallets often correlates strongly with XRP's market value.

📈 Analysts speculate that the SEC's action, removing several altcoins from the 'securities' category, may expedite the settlement of Ripple's long-standing lawsuit. Ripple CEO Brad Garlinghouse criticized the SEC for inconsistent regulatory practices, suggesting a potential shift in XRP's regulatory outlook.

🔍 XRP's price surge to $0.65 coincides with a 133% increase in daily trading volumes, now at $2.726 billion. It's comfortably trading above key moving averages and has shown a bullish breakout pattern, potentially targeting resistance at $0.90 and beyond.

Will XRP break its 6-year price consolidation with a push towards its all-time high? Stay tuned as the crypto landscape continues to evolve! 🌐💬 #XRP #CryptoNews🚀🔥 #Ripple💰 #SECApproval #CryptocurrencyAnalysis
🚨 Just In! 📊 Santiment Reports Tether Accumulation by Whales and Sharks Cryptocurrency on-chain analysis firm Santiment has revealed, "Tether whale and shark addresses, holding between 10 and 10 million USDT, have been steadily accumulating USDT over the past six weeks, amassing a total of 15 billion USDT to date." This accumulation is typically seen as a bullish indicator in the market. 📈🦈 #CryptocurrencyAnalysis #BullMarketSignals
🚨 Just In! 📊 Santiment Reports Tether Accumulation by Whales and Sharks Cryptocurrency on-chain analysis firm Santiment has revealed, "Tether whale and shark addresses, holding between 10 and 10 million USDT, have been steadily accumulating USDT over the past six weeks, amassing a total of 15 billion USDT to date." This accumulation is typically seen as a bullish indicator in the market. 📈🦈 #CryptocurrencyAnalysis #BullMarketSignals
📈 Bitcoin surged from 38,545 to 52,859, exceeding expectations and creating psychological pressure. Two potential analyses: It's a robust B-wave rebound, likely retracing to around 40,000 or lower. It might break the time rule, forming a new upward trend. Retracement is anticipated, confirming 38,500 as the reversal point. Consider the normal structural time, even in a bullish market, and don't rule out the possibility of a C-wave decline. Exercise caution, wait for a confirmed upward trend structure. Ethereum follows a similar pattern, while other currencies might be consolidating wave B. Beware of a mere B-wave rebound and seek confirmation. $BTC #BTC #CryptocurrencyAnalysis 🚀💹
📈 Bitcoin surged from 38,545 to 52,859, exceeding expectations and creating psychological pressure. Two potential analyses:

It's a robust B-wave rebound, likely retracing to around 40,000 or lower.

It might break the time rule, forming a new upward trend. Retracement is anticipated, confirming 38,500 as the reversal point.

Consider the normal structural time, even in a bullish market, and don't rule out the possibility of a C-wave decline. Exercise caution, wait for a confirmed upward trend structure. Ethereum follows a similar pattern, while other currencies might be consolidating wave B. Beware of a mere B-wave rebound and seek confirmation.

$BTC #BTC #CryptocurrencyAnalysis 🚀💹
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Top 10 Crypto News In The Last 24 Hours 🚀 1️⃣ Bitcoin addresses add $1.6 Billion in BTC in a single day and bitcoin has increased by roughly 128% year on year. 2️⃣ Bitcoin halving in April to cut mining reward, driving an exodus of old US equipment to countries with cheap electricity. 3️⃣ Grayscale’s GBTC will run out of bitcoin in 96 days 4️⃣ Hospitality worker caught with $2.5B Bitcoin found guilty of money laundering in the UK. 5️⃣ Base TVL doubles in a month as pundits tip memecoins to drive adoption. 6️⃣ Do Kwon released out of Jail, under house arrest till pending extradition decision. 7️⃣ Financial giants settle whistleblower case for $70 Million. 8️⃣ Kenya resists US Government’s lobbying for worldcoin, considers limiting use of Tiktok. 9️⃣ Iceland PM sways energy use away from crypto mining to agriculture. 🔟 Nigeria's SEC proposes amending crypto service platform rules, suggesting registration fee increase from 30 to 150 million naira. #News #HOTTRENDS #CryptoNews🚀🔥 #CryptocurrencyAnalysis
Top 10 Crypto News In The Last 24 Hours 🚀
1️⃣ Bitcoin addresses add $1.6 Billion in BTC in a single day and bitcoin has increased by roughly 128% year on year.
2️⃣ Bitcoin halving in April to cut mining reward, driving an exodus of old US equipment to countries with cheap electricity.
3️⃣ Grayscale’s GBTC will run out of bitcoin in 96 days
4️⃣ Hospitality worker caught with $2.5B Bitcoin found guilty of money laundering in the UK.
5️⃣ Base TVL doubles in a month as pundits tip memecoins to drive adoption.
6️⃣ Do Kwon released out of Jail, under house arrest till pending extradition decision.
7️⃣ Financial giants settle whistleblower case for $70 Million.
8️⃣ Kenya resists US Government’s lobbying for worldcoin, considers limiting use of Tiktok.
9️⃣ Iceland PM sways energy use away from crypto mining to agriculture.
🔟 Nigeria's SEC proposes amending crypto service platform rules, suggesting registration fee increase from 30 to 150 million naira.
#News #HOTTRENDS #CryptoNews🚀🔥 #CryptocurrencyAnalysis
🌊 XRP's Tidal Shift: A Dive into Its Market Dynamics 📉 Hey Binance Square! Linkan here, bringing you the latest from the crypto wavefront. Today, we're zeroing in on XRP, which experienced a significant drop. Let's unravel this together! XRP's Ripple Effect: A Snapshot 📊 Current Price: $0.62437 24h Drop: 12.34% 📉 Market Cap: Now at $33.37650B 7-Day Trend: Slid down by 9.61% Trading Range: $0.59744 - $0.67119 (24h) All-Time High: $3.29 (Jan 4, 2018) Current Standing: 81.02% below ATH The Wider Crypto Seas 🌐 Bitcoin: Trading at $35,408.3, down 3.91% Ethereum: At $1,987.11, witnessing a 5.38% decrease Market Caps: Bitcoin at $689.82567B, Ethereum at $237.77922B What's Next for XRP? 🤔 XRP's ebb has certainly stirred the waters. But as seasoned crypto navigators, we know the tides can turn quickly. With its substantial past, XRP remains a key player to watch in the crypto arena. 📢 Your Thoughts? How do you see XRP's journey unfolding? Share your insights below! Hashtags & Coins #XRPDownfall #XRPDownfall #DigitalCurrencyInsights #BinanceSquare #CryptocurrencyAnalysis $XRP $BTC $ETH Disclaimer: This post is for informational purposes only and is not financial advice.
🌊 XRP's Tidal Shift: A Dive into Its Market Dynamics 📉

Hey Binance Square! Linkan here, bringing you the latest from the crypto wavefront. Today, we're zeroing in on XRP, which experienced a significant drop. Let's unravel this together!

XRP's Ripple Effect: A Snapshot 📊
Current Price: $0.62437
24h Drop: 12.34% 📉
Market Cap: Now at $33.37650B
7-Day Trend: Slid down by 9.61%
Trading Range: $0.59744 - $0.67119 (24h)
All-Time High: $3.29 (Jan 4, 2018)
Current Standing: 81.02% below ATH
The Wider Crypto Seas 🌐
Bitcoin: Trading at $35,408.3, down 3.91%
Ethereum: At $1,987.11, witnessing a 5.38% decrease
Market Caps: Bitcoin at $689.82567B, Ethereum at $237.77922B

What's Next for XRP? 🤔
XRP's ebb has certainly stirred the waters. But as seasoned crypto navigators, we know the tides can turn quickly. With its substantial past, XRP remains a key player to watch in the crypto arena.

📢 Your Thoughts?
How do you see XRP's journey unfolding? Share your insights below!

Hashtags & Coins

#XRPDownfall
#XRPDownfall
#DigitalCurrencyInsights
#BinanceSquare
#CryptocurrencyAnalysis
$XRP
$BTC
$ETH
Disclaimer: This post is for informational purposes only and is not financial advice.
🚨 Breaking News: Bloomberg Intelligence's cryptocurrency market analyst, Jamie Coutts, reveals Bitcoin's role as a national reserve asset, citing El Salvador and Bhutan's strategic energy initiatives involving Bitcoin mining. Countries are effectively incorporating Bitcoin into their balance sheets. 🌐💰📊 #BitcoinReserve #CryptocurrencyAnalysis
🚨 Breaking News: Bloomberg Intelligence's cryptocurrency market analyst, Jamie Coutts, reveals Bitcoin's role as a national reserve asset, citing El Salvador and Bhutan's strategic energy initiatives involving Bitcoin mining. Countries are effectively incorporating Bitcoin into their balance sheets. 🌐💰📊 #BitcoinReserve #CryptocurrencyAnalysis
🚨 Breaking News: $130 Million Bitcoin Auction 🚨 Discover the story behind the U.S. government's monumental decision to auction off a massive stash of Bitcoin seized from Silk Road. This event is not just a sale; it's a turning point in the government's approach to digital assets and a potential market mover for Bitcoin. Get all the details, analysis, and insights in our latest article at The Crypto Sage on Binance Square. Dive into the intriguing backstory, understand the market implications, and explore what this means for the future of cryptocurrency. 🔗 [Read the Full Story Here](https://www.binance.com/es-ES/feed/post/3295500435009?ref=146567545&utm_campaign=web_square_share_link&utm_source=copylink) Keep the crypto knowledge flowing into the blockchain. Follow, like, and share for more insights from The Crypto Sage! #BitcoinAuction #SilkRoadBitcoin #CryptocurrencyAnalysis #BinanceSquare #BTCto40k
🚨 Breaking News: $130 Million Bitcoin Auction 🚨

Discover the story behind the U.S. government's monumental decision to auction off a massive stash of Bitcoin seized from Silk Road. This event is not just a sale; it's a turning point in the government's approach to digital assets and a potential market mover for Bitcoin. Get all the details, analysis, and insights in our latest article at The Crypto Sage on Binance Square.

Dive into the intriguing backstory, understand the market implications, and explore what this means for the future of cryptocurrency.

🔗 Read the Full Story Here

Keep the crypto knowledge flowing into the blockchain. Follow, like, and share for more insights from The Crypto Sage! #BitcoinAuction #SilkRoadBitcoin #CryptocurrencyAnalysis #BinanceSquare #BTCto40k
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🚀 Cardano (ADA) Price Chart Analysis - A Top Cryptocurrency Asset Part 4 📊💹 Cardano (ADA) continues to stand out in the cryptocurrency market, boasting a robust community and substantial backing from investors and traders. Many believe it has the potential to be the next Ethereum killer. 🌐🚀 Recent price action for Cardano (ADA) has created excitement among holders and traders, with rumors of an ADA Midnight Airdrop circulating. Many are eager to become eligible for this event, adding to the anticipation. 🎁💫 While ADA/USDT faced a significant price drop to $0.24, it found solid support that prevented bears from pushing it to the yearly low of $0.18. The price swiftly bounced back, rising above its 50-day Exponential Moving Average (EMA). 📈🐻 A potential double bottom formation on the daily timeframe provided the impetus for ADA/USDT's rally from $0.24 to a high of $0.32, surpassing key support corresponding to the 38.2% Fibonacci retracement value (FIB). 📊📉 With the MACD and RSI indicators signaling strong bullish momentum, ADA/USDT has its sights set on reattaining highs of $0.4 to $0.45. The bulls are flexing their muscles and asserting dominance in the market. 📈🦁 Major ADA/USDT Support Zone: $0.3 Major ADA/USDT Resistance Zone: $0.4-$0.45 MACD Trend: Bullish 📊🚀 #Cardano #ADA #CryptocurrencyAnalysis #BullishChart #Priceanalysis $ADA
🚀 Cardano (ADA) Price Chart Analysis - A Top Cryptocurrency Asset Part 4 📊💹

Cardano (ADA) continues to stand out in the cryptocurrency market, boasting a robust community and substantial backing from investors and traders. Many believe it has the potential to be the next Ethereum killer. 🌐🚀

Recent price action for Cardano (ADA) has created excitement among holders and traders, with rumors of an ADA Midnight Airdrop circulating. Many are eager to become eligible for this event, adding to the anticipation. 🎁💫

While ADA/USDT faced a significant price drop to $0.24, it found solid support that prevented bears from pushing it to the yearly low of $0.18. The price swiftly bounced back, rising above its 50-day Exponential Moving Average (EMA). 📈🐻

A potential double bottom formation on the daily timeframe provided the impetus for ADA/USDT's rally from $0.24 to a high of $0.32, surpassing key support corresponding to the 38.2% Fibonacci retracement value (FIB). 📊📉

With the MACD and RSI indicators signaling strong bullish momentum, ADA/USDT has its sights set on reattaining highs of $0.4 to $0.45. The bulls are flexing their muscles and asserting dominance in the market. 📈🦁

Major ADA/USDT Support Zone: $0.3
Major ADA/USDT Resistance Zone: $0.4-$0.45
MACD Trend: Bullish 📊🚀 #Cardano #ADA #CryptocurrencyAnalysis #BullishChart #Priceanalysis $ADA
CryptoCon, a Bitcoin technical analyst, has pointed to a potential signal on the Total UTXO Loss chart, suggesting that such signals have coincided with significant bottoms for Bitcoin in the past, notably before the lows in 2015 and 2020. UTXO (Unspent Transaction Output) loss is seen as an indicator of investment sentiment and potential selling pressure. However, Ben Lilly, co-founder of cryptocurrency analysis firm Jarvis Labs, has countered this interpretation. He noted that while the UTXO loss was significant during previous Bitcoin bottoms, the current UTXO loss is less severe, and the number of UTXOs has increased substantially. He suggests that the chart may not necessarily indicate a major bottom for Bitcoin. These differing interpretations highlight the complexity of analyzing cryptocurrency market data and the various factors that can influence price movements. Traders and analysts often use multiple indicators and data points to gain insights into market trends and sentiment. 📈📉 #Bitcoin #CryptocurrencyAnalysis
CryptoCon, a Bitcoin technical analyst, has pointed to a potential signal on the Total UTXO Loss chart, suggesting that such signals have coincided with significant bottoms for Bitcoin in the past, notably before the lows in 2015 and 2020. UTXO (Unspent Transaction Output) loss is seen as an indicator of investment sentiment and potential selling pressure.
However, Ben Lilly, co-founder of cryptocurrency analysis firm Jarvis Labs, has countered this interpretation. He noted that while the UTXO loss was significant during previous Bitcoin bottoms, the current UTXO loss is less severe, and the number of UTXOs has increased substantially. He suggests that the chart may not necessarily indicate a major bottom for Bitcoin.
These differing interpretations highlight the complexity of analyzing cryptocurrency market data and the various factors that can influence price movements. Traders and analysts often use multiple indicators and data points to gain insights into market trends and sentiment. 📈📉 #Bitcoin #CryptocurrencyAnalysis
**News Update: 💹💼 #CryptoAccumulation** LookOnChain reports Amber Group's estimated address withdrawing 1.19 million LDO from Binance, totaling $1.8 million and reaching an accumulation of 4.46 million LDO ($6.78 million) since August 18. Signals suggest both Falcon X and Amber are actively accumulating LDO. 📊🔄 #CryptocurrencyAnalysis
**News Update: 💹💼 #CryptoAccumulation**
LookOnChain reports Amber Group's estimated address withdrawing 1.19 million LDO from Binance, totaling $1.8 million and reaching an accumulation of 4.46 million LDO ($6.78 million) since August 18. Signals suggest both Falcon X and Amber are actively accumulating LDO. 📊🔄 #CryptocurrencyAnalysis
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🚀 Solana (SOL) Price Chart Analysis on the Daily Timeframe - A Top Crypto to Watch Part 2📊💹 Solana (SOL) has been a standout performer in the cryptocurrency market recently, with its price surging from around $14.5 to an impressive high of $48 in just a few weeks. Speculation is rife about the potential for even higher prices as the next bull market takes shape. 🌞🚀 Solana has consistently attracted investors and traders worldwide, but it had its fair share of struggles during the crypto bear market. Its price plummeted from over $220 to a low of around $10, closely tied to the collapse of FTX, a major investor in Solana. 🐻 Despite the turbulence and challenges, Solana's price action has been remarkable. Even after the US bankruptcy court granted permission to liquidate FTX assets, SOL/USDT has displayed impressive resilience. It climbed above its former yearly high of $32 and reached a peak of $48, although it encountered resistance at this level. 📈🔥 Currently, SOL/USDT is trading above its 50-day EMA and 75% of its Fibonacci retracement value (FIB). This indicates strong bullish momentum, potentially setting the stage for SOL to break the $50 mark and continue its upward journey towards $80 and even $100. 📊📈 The $36.5 region, corresponding to the 61.8% FIB value, serves as a critical support level for SOL/USDT. Moreover, the MACD and RSI indicators suggest further bullish price action for Solana. 📉🚀 Major SOL/USDT Support Zone: $36.5 Major SOL/USDT Resistance Zone: $50 MACD Trend: Bullish 📊🚀 #SolanaPredictions #Solana📈🚀🌐 #CryptocurrencyAnalysis #BullishChart #Priceanalysis $SOL
🚀 Solana (SOL) Price Chart Analysis on the Daily Timeframe - A Top Crypto to Watch Part 2📊💹

Solana (SOL) has been a standout performer in the cryptocurrency market recently, with its price surging from around $14.5 to an impressive high of $48 in just a few weeks. Speculation is rife about the potential for even higher prices as the next bull market takes shape. 🌞🚀

Solana has consistently attracted investors and traders worldwide, but it had its fair share of struggles during the crypto bear market. Its price plummeted from over $220 to a low of around $10, closely tied to the collapse of FTX, a major investor in Solana. 🐻

Despite the turbulence and challenges, Solana's price action has been remarkable. Even after the US bankruptcy court granted permission to liquidate FTX assets, SOL/USDT has displayed impressive resilience. It climbed above its former yearly high of $32 and reached a peak of $48, although it encountered resistance at this level. 📈🔥

Currently, SOL/USDT is trading above its 50-day EMA and 75% of its Fibonacci retracement value (FIB). This indicates strong bullish momentum, potentially setting the stage for SOL to break the $50 mark and continue its upward journey towards $80 and even $100. 📊📈

The $36.5 region, corresponding to the 61.8% FIB value, serves as a critical support level for SOL/USDT. Moreover, the MACD and RSI indicators suggest further bullish price action for Solana. 📉🚀

Major SOL/USDT Support Zone: $36.5
Major SOL/USDT Resistance Zone: $50
MACD Trend: Bullish 📊🚀 #SolanaPredictions #Solana📈🚀🌐 #CryptocurrencyAnalysis #BullishChart #Priceanalysis $SOL
Practical tips when you’re trading Support and Resistance. Tip #1: Trade the major levels Not every level on your chart is worth trading because some aren’t levels to start with, some are minor levels, and only a few are major levels. So, when you’re trading Support and Resistance, focus on the best levels to trade. The ones which are the most obvious that sticks right out in your face (for example multi-year highs/lows, 52 weeks highs/lows, and etc.). This offers you a good trade location, a favorable risk to reward, and a higher probability of your trade working out. Tip #2: Wait for a clean move into Support/Resistance Earlier, you’ve learned that the longer the price hangs around Support and Resistance, the more likely it’ll break. With this in mind, you don’t want to go long at Support when there’s a buildup formed (or lower highs into Support) because the price will likely breakdown. Instead, you want to trade Support when there’s a clean move into it — and nothing else. Tip #3: Set your stop loss a distance away from Support/Resistance Don’t be one of those traders who put their stop loss just below Support or above Resistance. Why? Because these are levels where everyone is putting their stops and it gives the smart money incentive to “hunt” it. Instead, give your stop loss some buffer away from Support and Resistance areas — so you don’t get stopped out unnecessarily. #CryptocurrencyAnalysis #CryptoTradingTip #CryptoTrading $NEAR $AVAX $MANTA @CrazyCryptoQueen @Binance
Practical tips when you’re trading Support and Resistance.

Tip #1: Trade the major levels

Not every level on your chart is worth trading because some aren’t levels to start with, some are minor levels, and only a few are major levels. So, when you’re trading Support and Resistance, focus on the best levels to trade. The ones which are the most obvious that sticks right out in your face (for example multi-year highs/lows, 52 weeks highs/lows, and etc.).

This offers you a good trade location, a favorable risk to reward, and a higher probability of your trade working out.

Tip #2: Wait for a clean move into Support/Resistance

Earlier, you’ve learned that the longer the price hangs around Support and Resistance, the more likely it’ll break.
With this in mind, you don’t want to go long at Support when there’s a buildup formed (or lower highs into Support) because the price will likely breakdown.
Instead, you want to trade Support when there’s a clean move into it — and nothing else.

Tip #3: Set your stop loss a distance away from Support/Resistance

Don’t be one of those traders who put their stop loss just below Support or above Resistance. Why?
Because these are levels where everyone is putting their stops and it gives the smart money incentive to “hunt” it. Instead, give your stop loss some buffer away from Support and Resistance areas — so you don’t get stopped out unnecessarily.

#CryptocurrencyAnalysis #CryptoTradingTip #CryptoTrading
$NEAR $AVAX $MANTA
@Grow Queen @Binance
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