Binance Square
cyptoanalysis
28,382 views
17 Posts
Hot
Latest
LIVE
LIVE
Sunvir111
--
Bullish
A crypto wallet is a digital tool that allows users to store, send, and receive cryptocurrencies like Bitcoin and Ethereum. Unlike traditional wallets, a crypto wallet doesn’t hold physical money; instead, it stores private keys—secure digital codes known only to the wallet owner. These keys are crucial as they prove ownership of the cryptocurrency and allow transactions on the blockchain, a decentralized and public ledger where all crypto transactions are recorded. Crypto wallets come in two main types: hot wallets and cold wallets. Hot wallets are connected to the internet and include mobile apps, desktop software, or web-based services, offering convenience for frequent transactions. However, they are more vulnerable to hacks. Cold wallets, such as hardware wallets or paper wallets, store private keys offline, providing enhanced security, ideal for long-term storage. To use a crypto wallet, you first need to set one up and create a private key. When sending crypto, the wallet uses this key to sign the transaction, verifying your ownership. This transaction is then broadcast to the blockchain network, where it is confirmed and recorded. Crypto wallets are essential tools for participating in the cryptocurrency ecosystem, offering secure and convenient access to digital assets while ensuring that ownership and transaction details remain private and secure.#cyptoanalysis #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #BinanceBlockchainWeek $BTC $ETH $BNB {future}(BTCUSDT) {future}(BNBUSDT)
A crypto wallet is a digital tool that allows users to store, send, and receive cryptocurrencies like Bitcoin and Ethereum. Unlike traditional wallets, a crypto wallet doesn’t hold physical money; instead, it stores private keys—secure digital codes known only to the wallet owner. These keys are crucial as they prove ownership of the cryptocurrency and allow transactions on the blockchain, a decentralized and public ledger where all crypto transactions are recorded.

Crypto wallets come in two main types: hot wallets and cold wallets. Hot wallets are connected to the internet and include mobile apps, desktop software, or web-based services, offering convenience for frequent transactions. However, they are more vulnerable to hacks. Cold wallets, such as hardware wallets or paper wallets, store private keys offline, providing enhanced security, ideal for long-term storage.

To use a crypto wallet, you first need to set one up and create a private key. When sending crypto, the wallet uses this key to sign the transaction, verifying your ownership. This transaction is then broadcast to the blockchain network, where it is confirmed and recorded.

Crypto wallets are essential tools for participating in the cryptocurrency ecosystem, offering secure and convenient access to digital assets while ensuring that ownership and transaction details remain private and secure.#cyptoanalysis #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #BinanceBlockchainWeek $BTC $ETH $BNB
My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-753.87
USDT
7D ROI
-100.00%
AUM
$169.94
Win Rate
42.85%
LIVE
Crypto_Jobs
--
Bullish
$OCEAN

Bullish📈

Next levels: 0.500 - 0.5200$

#ocean #trading #crypto #BTC #BinanceSquare
LIVE
--
Bullish
📈 **ThorChain (RUNE) Daily Price Chart - A Top 5 Crypto Asset** 🚀 **Overview:** ThorChain (RUNE) has emerged as a standout performer in 2023, defying the bear market's impact on many cryptocurrencies. With an impressive growth from $0.8 to a new yearly high of $6.6, marking a remarkable 500%+ price rally, ThorChain has garnered attention for its high trading volume on decentralized exchanges (DEX), particularly the ThorSwap DEX facilitating Bitcoin to Ethereum conversions on the ThorChain network. 📊 **On-Chain Activities and Price Rally:** On-chain data highlights ThorChain's robust trading volume on various DEX, outpacing DeFi activities on platforms like Curve Finance. The positive on-chain activities have significantly influenced the price of RUNE/USDT over the past 30 days. 📈 **Price Movement and Bullish Momentum:** The price of RUNE/USDT surged from $1.5 to a yearly high of $6.6, showcasing bullish dominance and increased activities on the ThorChain protocol. Continued yield generation through on-chain activities could potentially propel RUNE/USDT to break the resistance at $8. 📉 **Potential Breakout Scenario:** A successful break and close above $8 might pave the way for a further rally to $14, establishing a new yearly high. Currently facing a minor price rejection, the support zone lies around $5, slightly above the 61.8% Fibonacci Retracement value. Trading above the 50-day Exponential Moving Average (EMA) would be a favorable position for bulls, while a break below this level could pose challenges. 📊 **Key Levels:** - **Support:** $5 - **Resistance:** $8 📉 **Indicators:** - **MACD Trend:** Bullish 🚀 **Conclusion:** ThorChain (RUNE) exhibits strong bullish momentum, backed by its impressive on-chain activities and price rally. Maintaining support above $5 is crucial, and a successful breach of the $8 resistance could lead to further highs. #THORChain #cyptoanalysis #JojoDaily #Rune 🚀📉📊 $RUNE
📈 **ThorChain (RUNE) Daily Price Chart - A Top 5 Crypto Asset**

🚀 **Overview:**
ThorChain (RUNE) has emerged as a standout performer in 2023, defying the bear market's impact on many cryptocurrencies. With an impressive growth from $0.8 to a new yearly high of $6.6, marking a remarkable 500%+ price rally, ThorChain has garnered attention for its high trading volume on decentralized exchanges (DEX), particularly the ThorSwap DEX facilitating Bitcoin to Ethereum conversions on the ThorChain network.

📊 **On-Chain Activities and Price Rally:**
On-chain data highlights ThorChain's robust trading volume on various DEX, outpacing DeFi activities on platforms like Curve Finance. The positive on-chain activities have significantly influenced the price of RUNE/USDT over the past 30 days.

📈 **Price Movement and Bullish Momentum:**
The price of RUNE/USDT surged from $1.5 to a yearly high of $6.6, showcasing bullish dominance and increased activities on the ThorChain protocol. Continued yield generation through on-chain activities could potentially propel RUNE/USDT to break the resistance at $8.

📉 **Potential Breakout Scenario:**
A successful break and close above $8 might pave the way for a further rally to $14, establishing a new yearly high. Currently facing a minor price rejection, the support zone lies around $5, slightly above the 61.8% Fibonacci Retracement value. Trading above the 50-day Exponential Moving Average (EMA) would be a favorable position for bulls, while a break below this level could pose challenges.

📊 **Key Levels:**
- **Support:** $5
- **Resistance:** $8

📉 **Indicators:**
- **MACD Trend:** Bullish

🚀 **Conclusion:**
ThorChain (RUNE) exhibits strong bullish momentum, backed by its impressive on-chain activities and price rally. Maintaining support above $5 is crucial, and a successful breach of the $8 resistance could lead to further highs.

#THORChain #cyptoanalysis #JojoDaily #Rune 🚀📉📊 $RUNE
Navigating the Crypto Markets: Essential Steps to Investment Success In the ever-evolving landscape of cryptocurrency investment, achieving success requires a strategic approach and a keen understanding of market dynamics. By following a set of essential steps, investors can navigate the complexities of the crypto space with confidence. From conducting thorough research to practicing effective risk management, each step plays a critical role in maximizing opportunities and minimizing potential losses. The following is the key strategies that can empower investors to thrive in the realm of crypto investment. Thorough Research: Understand the technology, analyze market trends, and assess project potential. Diversification: Spread investments across different cryptocurrencies, industries, and asset classes to manage risk. Clear Investment Strategy: Set realistic goals, determine entry and exit points, and stick to your strategy. Stay Informed: Keep up with news and developments in the crypto space to make informed decisions. Risk Management: Practice proper risk management techniques, such as setting stop-loss orders and investing only what you can afford to lose. #TrendingTopic #Write2Earn‬ #cyptoanalysis
Navigating the Crypto Markets: Essential Steps to Investment Success

In the ever-evolving landscape of cryptocurrency investment, achieving success requires a strategic approach and a keen understanding of market dynamics. By following a set of essential steps, investors can navigate the complexities of the crypto space with confidence. From conducting thorough research to practicing effective risk management, each step plays a critical role in maximizing opportunities and minimizing potential losses.

The following is the key strategies that can empower investors to thrive in the realm of crypto investment.

Thorough Research:
Understand the technology, analyze market trends, and assess project potential.

Diversification:
Spread investments across different cryptocurrencies, industries, and asset classes to manage risk.

Clear Investment Strategy:
Set realistic goals, determine entry and exit points, and stick to your strategy.

Stay Informed:
Keep up with news and developments in the crypto space to make informed decisions.

Risk Management:
Practice proper risk management techniques, such as setting stop-loss orders and investing only what you can afford to lose.

#TrendingTopic #Write2Earn‬ #cyptoanalysis
LIVE
--
Bullish
📊 BTC Analysis - 19 Nov. Note how market sentiments can shift really fast. The short-term (❗️) consolidation has significantly affected the overall mood. There is mostly gloom among traders. We see limited spot purchases, many are waiting for a downturn, and few believe in the continued bullish trend. Markets often defy popular expectations. By signaling an imminent downturn and forcing crowd into short positions, MM is able to push prices upward again. Meanwhile, the news background and technical picture remain extremely bullish - more large funds are entering the market, and the volume of major over-the-counter (OTC) transactions is increasing. 💡 I assume that the accumulation period may persist in the medium term, clearing out a maximum number of weak positions from the market before the rally continues. #WhaleAlert #BTC #cyptoanalysis $BTC
📊 BTC Analysis - 19 Nov.

Note how market sentiments can shift really fast.

The short-term (❗️) consolidation has significantly affected the overall mood. There is mostly gloom among traders. We see limited spot purchases, many are waiting for a downturn, and few believe in the continued bullish trend.

Markets often defy popular expectations. By signaling an imminent downturn and forcing crowd into short positions, MM is able to push prices upward again.

Meanwhile, the news background and technical picture remain extremely bullish - more large funds are entering the market, and the volume of major over-the-counter (OTC) transactions is increasing.

💡 I assume that the accumulation period may persist in the medium term, clearing out a maximum number of weak positions from the market before the rally continues.

#WhaleAlert #BTC #cyptoanalysis $BTC
📊 ETH Analysis - Nov 20. With the beginning of the workweek, volumes have increased, and buyers have confidently returned the top altcoin market above support levels. Examining ETH, we see the coin has closed higher on the 1D, and showing growing dynamics on lower time-frames, attempting to break the descending parallel channel. Unsuccessful retest of this channel from above would confirm the local uptrend. 👨🏻‍🎓 As mentioned in my previous analyses, as long as ETH is trading above $2,000, a move towards $2,125, with the potential for fresh highs remains the priority. #ETH #cyptoanalysis $ETH
📊 ETH Analysis - Nov 20.

With the beginning of the workweek, volumes have increased, and buyers have confidently returned the top altcoin market above support levels.

Examining ETH, we see the coin has closed higher on the 1D, and showing growing dynamics on lower time-frames, attempting to break the descending parallel channel.

Unsuccessful retest of this channel from above would confirm the local uptrend.

👨🏻‍🎓 As mentioned in my previous analyses, as long as ETH is trading above $2,000, a move towards $2,125, with the potential for fresh highs remains the priority.

#ETH #cyptoanalysis $ETH
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number