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Gavin Spark
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Bearish
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The market is dead!!!
Any thoughts? What’s the news?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Gavin Spark
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Where is next stop for $IO ? Based on the recent push, market sentiment, and IO energy it gathered during past weeks, the next resistance level is around 3.0. It can take sideways movements at this resistance level for another energy consolidation to reach next level. DYOR Stay tuned!! #IOInternetofGPUs #SpotTradingSuccess
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$IO has knocked twice at 2.5 resistance, each knock after around 24h, but failed. The third knock (happening somewhere around 10-14 hrs from now) will be decisive. My analysis says that the knocking pattern shows a breakout to its next major resistance level of 3.9-4.1. However, lots of energy would be consumed to get the push. If the kick fails, the token will gain energy while sitting at 2.1-2.5 level for next several days. So In a nutshell, it seems a roller coaster ride for IO until the next major breakout by end August. DYOR #IOInternetofGPUs #SpotTradingSuccess
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A frequent error in crypto markets is purchasing too soon after an upward trend reverses to a downward one. Corrections following significant market structure breaks tend to be more prolonged and severe than anticipated. It's not wise to buy when only a few are pessimistic and the price is merely 10% off Bitcoin's peak. For the price to decline, some sellers are necessary. The best time to invest for the next cycle is when the majority have been liquidated, many have exited the market, and most question if crypto is permanently finished.
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I remember joining Binance for fun, but it turned out to be my life learning. I started to see every sphere of life in terms of trading… bullish times, bearish times, and horizontal times. So, I grew more patient, analytical, and data driven instead of sentimental and emotional person. The best experience I had with Binance is when I started to discover my own ways by taking 15 USDT investment to 86 USDT in the matter of 27 days. But then I realised, I need to learn the skills and try to understand the underlying concepts. The money meter is still on, albeit now with lots of new learnings. Thanks to Binance Keep growing together guys! #BinanceTurns7 @Binance Square Official
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Future of $IO and Price Mantra The token is slowly heading towards 7.23 within 6 months timeframe. Know whats happening! Major resistance at 2.47 is a critical point. But since the token has power and potential, do not think that it would be shooting like star. My End of Year prediction is of 7.23. On the flip side, if the token is not taken care of and small traders lost faith, the token can touch the whooping 1.78 benchmark, however, I see less than 10% chances of same. The reason behind my discourse is that IO.Net is a decentralized AI computing network that leverages underutilized GPU resources to offer scalable and cost-effective computing power for machine learning tasks. By aggregating GPUs from data centers, crypto mining farms, and personal users, IO.Net can create large GPU clusters that are accessible at a lower cost compared to traditional cloud services. It uses the Solana blockchain for transactions, ensuring secure and instant payments, and includes products like IO Cloud and IO Worker for managing and deploying GPU resources. The platform's native token, IO, is used for transactions, staking, and governance within the ecosystem. #io.net #IOInternetofGPUs @IONET1
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