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WLD/USDT broke above the top of ascending channel on 5D timeframe🔥 Made +100.34% profit so far with no leverage🤑 Bullish priority is intact📈 Wait for updates, my friends 💫 #wld #trading #dyor #dym #etc

WLD/USDT broke above the top of ascending channel on 5D timeframe🔥

Made +100.34% profit so far with no leverage🤑

Bullish priority is intact📈

Wait for updates, my friends 💫

#wld #trading #dyor #dym #etc

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Polkadot (DOT) Launches Runtime Upgrade And The Unexpected Happened The much-anticipated Polkadot runtime upgrade has gone live on the mainnet. Unusually, the upgrade triggered a sudden halt on the blockchain’s parachains. According to one of its parachains, Moonbeam Network, the runtime upgrade on Polkadot triggered a cessation in block production on other competing parachains. Moonbeam confirmed that its parachain was one of the affected by approximately 10:27 am UTC on April 21. Ordinarily, the Polkadot runtime upgrade, like any other, is meant to change the logic of the chain without utilizing a hardfork. Based on a published statement on the Polkadot website, hard forking is slow and therefore, inefficient and prone to error. Generally, this outlook is contributed by the level of offline coordination that is required. Parachains get the ability to upgrade their runtime without hard forking by using Wasm in Substrate, the framework that powers Polkadot, Kusama, and many other connecting chains. Polkadot stores its runtime on its dedicated blockchain. “Polkadot can upgrade its runtime by upgrading the logic stored on-chain and removes the coordination challenge of requiring thousands of node operators to upgrade in advance of a given block number. Polkadot stakeholders propose and approve upgrades through the on-chain governance system, which also enacts them autonomously,” the protocol detailed. While the downtime was encompassing, Moonbeam reported that it returned to active block productions about an hour later. This is not an uncommon outage trend in the industry as others like Solana and Polygon are known to have recorded related upgrades that come with short-paced outages. The Polkadot runtime upgrade follows an initial announcement to release JAM upgrade, a protocol that is meant to replace the Relay Chain interoperability protocol. In its entirety, this upgrade marks an evolution designed to usher in a more modular and minimalistic design. Update soon, my friends 💫 #Bitcoin #DOT #cryptocurrency #futures #Polkadot
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Ethereum Price Analysis: Whale Activity Spikes as ETH Finds Support At Key Fibonacci Level For over a week, the second largest cryptocurrency Ethereum has been trading sideways trying to sustain above the combined support of $2875 and 38.2% Fibonacci retracement level. Despite stable support and the completion of the fourth Bitcoin halving, the ETH price witnessed a modest upswing to $3144 this weekend registering a 9.5% jump. Will this reversal gain sufficient momentum to surpass the $4000 high? Amid the pre-halving consolidation in the crypto market, the Ethereum price prevented its correction below the $2875 level. This horizontal level aligned with the 38.2% Fibonacci retracement level created suitable support for buyers to regain trend control. This healthy retracement amid the Bitcoin halving uplifted the ETH price to a high of $3198. An analysis of the 4-hour chart shows this upswing as the formation of a double bottom pattern— a technical setup often located at the downtrend bottom and potential for higher rally. Moreover, On-chain data provided by Lookonchain reveals a noteworthy Ethereum whale transaction. Recently, 10,119 ETH were withdrawn from Binance, marking yet another substantial move by this investor, who has amassed 127,388 ETH since April 8, equivalent to roughly $405.19 million. The whale’s average purchase price of $3,172 per ETH suggests a long-term optimistic view of Ethereum’s market potential. Thus, if the bullish momentum persists, the ETH price may breach the $3300 neckline resistance, bolstering buyers to prolong recovery. The post-breakout may drive the asset to $3730.followed by $4100. Technical Indicator Exponential Moving Average: A bearish crossover between 20-and-50 EMA indicates the near-term trend is bullish but the price still trading above 100-and-200 EMA projects the long-term trend remains bullish. Relative Strength Index: The daily RSI slope at 44% reflects a neutral to bearish market trend. Don’t miss updates, my friends 💫 #Bitcoin #cryptocurrency #Ethereum #ETH #binance
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