Don't let anxiety get the best of you... How are you feeling | LocademiaCripto on Binance Square

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LocademiaCripto

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Bearish

Don't let anxiety get the best of you... How are you feeling right now?
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Let’s do a Sunday #CryptoAMA for beginners! I’ll answer all your beginner-level questions in the comments section of this post!!! You know what to do!!! (1 question per comment so I can get to everyone!) Ps, AMA means “ask me anything” (about Binance and the cryptocurrencies listed here!). I don’t know the future, but we can project it together :)

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What's Next for ETH? Ether’s price bounced off the resistance line of the symmetrical triangle pattern on October 30 and fell below the 50-day SMA ($2,523) on November 1. The ETH/USD pair is finding support near the uptrend line. If the price rises above the 20-day EMA ($2,558), the pair could move toward the resistance line. Buyers will need to clear the $2,850 barrier to signal a potential trend reversal. On the other hand, sellers will need to push the price below the uptrend line to show strength. If that happens, the pair could drop to the support line, where bulls are expected to strongly defend the $2,111 to $2,200 zone. 💡 Stay ahead of the curve with LocademiaCripto! Give us a thumbs up for insightful news and educational guides. Your likes fuel our passion for delivering quality content, so don't hesitate to show some love!

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$BNB closed below the 50-day SMA ($579) on October 31, but the bears couldn’t hold their advantage on November 1. Buyers have repositioned the price above the 50-day SMA and are attempting to break through the 20-day EMA ($587). If successful, the BNB/USDT pair could move up to $612 and then reach the key resistance at $635. A break and close above $635 would signal the start of a new uptrend toward $722. This optimistic outlook would be invalidated if the price is sharply rejected from the 20-day EMA, increasing the likelihood of a break below $566. In that case, the pair could drop to $550 and then find solid support at $527. 🌟 You saw it first on LocademiaCripto, I swap relevant news and educational guides for your Like, for life! Don't think twice, smash that 👍 button and stay tuned because there's plenty more coming your way soon!

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I'm sharing, in my own words, what I’ve been reading lately about Ethereum, and it’s got me really concerned. To the point that I'm seriously thinking about moving what I have in cold wallets over to #BTC☀ (or to immediate liquidity, like stablecoins or fiat for regulated markets). $BTC #Ethereum Losing Market Share and Decline in Native Staking ... Blaming Ether’s inability to stay above $2,700 solely on low institutional demand is a mistake; it’s more of a consequence than a cause. For example, Solana has overtaken Ethereum as the leading blockchain in DApp transaction volume. Recent data shows Solana ( $SOL ) leading in decentralized exchange (DEX) volumes, though some critics point out that much of this activity is due to memecoin trading, which surged in October. Meanwhile, Ethereum still maintains solid demand thanks to well-established DeFi applications like Balancer, Curve, Pendle, and Ether-fi. $ETH Ethereum retains dominance when combining the volumes of Layer 2 solutions, including networks like Base, Arbitrum, Polygon, and Avalanche. This supremacy is also reflected in the total value locked (TVL), with Ethereum’s base layer holding $48.8 billion compared to Solana’s $6.27 billion. So, although memecoin hype persists, it represents only a small slice of the broader DApp market. Despite a robust $116 billion DApp volume over the past 30 days, according to DappRadar, Ethereum’s transaction fees have remained stable. According to StakingRewards, ETH’s staking reward rate is 3.4%, compared to Solana’s 6.5% and Tron’s 4.5%. This has led to a net withdrawal of 180,000 ETH from staking in the same period. Remember, this is not financial advice—just my perspective on ETH. The chart is there to show how it’s moved over recent years, with WEEKLY candles. Would you hold on longer? Do you think it will reach its all-time highs again? Will we have to wait for new advances from developers? Personally, I’m out of patience... :(

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What’s happening with XRP from a fundamental analysis perspective? And I’ll tell you why I post so much about Ripple :) With the official appeal from the U.S. Securities and Exchange Commission (SEC) in the Ripple case, the XRP community is now focused on a series of crucial dates that could define the outcome of this long legal battle. Last year, Judge Analisa Torres ruled that secondary sales of XRP did not constitute securities, which many interpreted as a victory for Ripple. However, the controversy surrounding institutional sales has kept the case in the spotlight. Now, the SEC’s decision to appeal introduces new deadlines that Ripple and XRP holders need to follow closely. #SECAppealRipple Key moments in this appeals process include the SEC’s initial brief deadline, likely set for December 2, 2024. However, the SEC will probably request a 30-day extension, moving the deadline to January 2025. Ripple, in turn, will file its counterclaim, with its brief expected around the same time. After that, opposition briefs will be submitted, with deadlines likely in early February 2025—although Ripple may request an extension until March. Why does Ripple matter? Have you seen where this project ranks among the world’s top cryptocurrencies? If you study its movements, you’ll see that you can trade it in SPOT… in a relatively “safe” way. It has always bounced back, moves within ranges, consolidates… why not buy low and sell high, repeating the same pattern over and over? While it drops, you can stake it (and earn more XRP coins while waiting for its value to rise). #TradingMadeEasy If you still don’t understand what we’re doing in this market… it’s because you’re not following me closely enough! You already know what to doooo!!! 🎉 Enjoyed reading this? Your support matters! A thumbs up lets me know I'm on the right track. Keep the positivity flowing!

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