Ethereum is currently trading at $3,169, and the recent breakout has made the market more bullish. Here are the key levels and possible targets for traders: 🎯 Target 1: $3,250 This is the first resistance level. If ETH breaks above this level, there is likely to be further buying pressure in the market. 🎯 Target 2: $3,350 This is a strong resistance zone. A breakout here could push ETH even higher. 🎯 Target 3: $3,500 With market sentiment and volume supporting the trend, this third target is achievable. Reaching this level would confirm a strong bullish trend. Important Notes: Support Level: $3,100 RSI: Above 60, indicating that the asset is in the overbought zone. MACD: Bullish crossover, suggesting further upward momentum. ETH is holding strong on solid foundations, and current market trends predict further gains in the short term. Always use stop-loss orders and remain cautious when planning your strategy. #BinancePoolFractalBitcoin
$BTC $WLD Here you make decisions, the green numbers are nice, but the lack of decision making not so much, you take profit now or you wait for it to go up more and it goes down without taking profits in a lateralization or it goes up and you take profit a little higher which would be the result expected by everyone, here the safe thing is to take profit and accept what comes, if it goes up you wait for the correction and you re-enter or if it goes down you buy again with better capital, enlarge your margin and separate profits. WLD is leading, if it corrects you can move which continue in the tide or go short for a few hours.
$WLD when we went to 1.78 I warned that there would be a rebound up to 2.08 to 2.1, where there would be resistance, we reached 2.078~ and I warned of a bull trap (fall) after failing to overcome the resistance, which happened and many long positions were liquidated at 1.9 again, now the next liquidity zone is at 2.05 and 2.1, if we add the bullish momentum to the liquidity it is very likely that we will recover the bullish momentum by breaking the resistance, excellent time to put longs and take profit between 2.35 to 2.4 which are areas with high liquidity, from there there will probably be a correction due to the longs that are opened (which generate liquidity), after that correction we would go to 2.6 which is the next area with high liquidity.
Este #Giorgio sabe mucho, vea usted Joven! $BTC $ETH $BNB
LIVE
Giorgio
--
The inexplicable fall of altcoins continues. I read an article published on this exchange where supposed cryptocurrency experts (I suppose you learn through dedication) assured that altcoins will never again offer high prices. I deduce that what I am trying to say is that it will never be profitable to invest in altcoins, as if they had read my article and written it at their convenience. As always, this talking entity, using a medium to communicate, assured that from here on and forever it is only worth putting your money in Bitcoin, so the rest of the currencies, including Ethereum, Solana and eight others that occupy the top spots by market capitalization, and others by popularity like Worldcoin, could start putting on their horse's suit 🐴 because from now on they will be betting animals. What I write here on this afternoon in South America may be exaggerated, but that is what he said, with his words of course. The anonymous entity did not hesitate to call the EXCHANGES “betting houses” for offering altcoins. His words sounded quite disconsolate for those who do not know these rate-holders who twist the truth in exchange for a few coins, like a diabolical dwarf from a horror story.
Hours ago I said that SAGA would recover its $4. I apologize because I put $9 when I wanted to write $4, and they asked me what I was basing it on. I will not say much now because I plan to write about SAGA, but I can only say that SAGA is one of the few coins that not only recovered its price from June 2024, before the fall, but surpassed it. We are talking about the good times of altcoins, where SAGA remained at $3 per token, and about 30 days ago SAGA surpassed $3 and was at $3.33 (you can check it). Its price was until last week between $2.80 and $3 (three cents less). When I saw SAGA, a coin that was once worth 91 cents, return to $3 and even surpass it, I said to myself: “This coin is going to be taken down.”
Now for my all time favorite crypto! :D $SOL has been in a range for so long, as you can see we are starting to fo up, the challenge here is to close above these ranges and create a new high. I see $SOL in these conditions when $BTC looks like it's about to pump revisiting around $170 and $180 area. Hopefully october is gonna be good to us! #BTCUptober #WeAreAllSatoshi #HBODocumentarySatoshiRevealed
Solana Close to End 200+ Days of Re-Accumulation: Here’s Why $400 Could Be Its Next Pitstop & $80...
The post Solana Close to End 200+ Days of Re-Accumulation: Here’s Why $400 Could Be its Next Pitstop & $800+, the Finality appeared first on Coinpedia Fintech News
After printing huge bullish candles for the second consecutive day, the Solana price has managed to breach above $150. With this move, the token has entered a crucial resistance zone, which is required to be held tight for a continued upswing towards higher targets. Meanwhile, the technicals suggest there could be still some room for consolidation as the SOL price is yet to validate a rise from the bearish influence.
The SOL price displayed a very quick move in the past 24 hours, which has made the market participants more vigilant. This reaction was provoked by the Fed’s rate reduction, which is expected to persist for some time. The buyers held the price above the pivotal support, forming a clear boundary for the market as well as a bottom. However, the SOL price broke out and updated the local high after consolidating within a key resistance zone.
Therefore, Solana’s price is believed to reach $200, but here are the key levels that may hinder the progress of the rally.
The chart of Solana suggests the price is about to print one of the bullish weekly candles after July that tested the upper resistance of the wedge. Ever since the token faced rejection, the bulls have failed to demonstrate a similar move. However, the technicals have flipped in their favour, and hence a move above the pivotal resistance zone between $150.76 and $153.48 seems to be imminent.
The RSI has triggered a bullish reversal but it may be taken as yet another lower high and a slight rise above 60 may invalidate bearish expectations. Besides, the MACD displays a drop in the selling pressure after 3-straight weeks dominated by the bears. Therefore, the Solana (SOL) price rally is expected to kick off a strong rally once it surpasses the pivotal resistance at $160.
However, a breakout from the wedge is expected to kick off a monstrous rally, which is expected to hit the first pitstop of $400 as predicted by a popular analyst, Curb.
Binance Introduces BNSOL for Secure Solana Staking
Binance, the global leader in blockchain technology and the largest cryptocurrency exchange by trading volume, has just announced the launch of its much-anticipated Solana staking product, Binance SOL Staking. According to The BIT Journal, the staking service is expected to go live later this September, providing users with a seamless way to stake their Solana (SOL) tokens while maintaining complete control over their assets.
This new offering from the crypto exchange allows users to stake SOL tokens and, in return, receive BNSOL, a liquid staking token that represents their staked assets. This move is expected to reshape how Solana holders can participate in decentralized finance (DeFi) while still earning staking rewards.
The crypto exchange’s new staking product aims to address one of the key challenges faced by cryptocurrency users: asset liquidity. Traditional staking methods lock users’ assets, making it impossible to trade or use them in other DeFi applications. However, with the crypto exchange SOL Staking, users will be able to enjoy the benefits of staking while retaining liquidity.
Vishal Sacheendran, Head of Regional Markets at Binance, commented on the announcement, stating:
“As one of the first crypto exchanges to offer SOL liquid staking, Binance is providing a seamless and flexible way to earn rewards while allowing users to maintain full control over their staked asset. Unlike native staking, which locks up assets, BNSOL allows users to unlock liquidity, enjoy continuous reward accumulation, and seamlessly participate in both the Binance platform and the broader DeFi ecosystem, making it an ideal solution for those looking to maximize the potential of their staked Solana tokens.”
The new Binance staking solution will allow users to obtain BNSOL, which can be used across the crypto exchange’s ecosystem and other DeFi platforms. This makes it easier for users to continue earning rewards from their staked SOL while having the flexibility to sell, lend, or even spend their assets as they see fit. This innovative product is a game-changer for users who want to earn rewards without sacrificing liquidity.
Binance Expands DeFi Access
The crypto exchange SOL Staking doesn’t just offer flexibility. The BIT Journal reports that this new product will enhance users’ access to DeFi platforms, further expanding their ability to invest, trade, and lend using their staked assets. BNSOL holders will benefit from dynamic rewards that adjust with the on-chain Solana staking rewards, providing competitive returns to users.
The BNSOL token also boasts a flexible redemption process, allowing users to redeem their tokens by trading them or waiting for a set redemption period. This flexibility is designed to give users more control over their assets while continuing to earn rewards.
Every two days, the BNSOL:SOL conversion ratio will adjust, reflecting the rewards accumulated over time. This ensures that the value of BNSOL grows relative to SOL, providing a transparent and user-friendly staking experience for both new and experienced users.
The crypto exchange’s focus on security has also been highlighted in this product launch. The Solana staking product is built on the Solana Labs Stake Pool Program, which has undergone rigorous audits by security firms. The crypto exchange’s use of this program ensures that users’ assets remain safe while they enjoy the benefits of staking.
Binance Set to Revolutionize Solana Staking
With the introduction of Binance SOL Staking, users will have more freedom and flexibility in managing their staked SOL tokens. The ability to participate in DeFi, while still earning rewards, marks a significant step forward in how users can maximize their cryptocurrency investments.
The crypto exchange SOL Staking offers several advantages to users, including:
Dynamic Rewards: Users will receive staking rewards that adjust with the growth of Solana on-chain staking.
Increased Liquidity: BNSOL holders can freely trade, invest, and lend their tokens across multiple platforms.
Flexible Redemption: Users can redeem their staked assets with ease.
User-Friendly Staking Process: Staking with Binance SOL is as simple as a single click.
The BIT Journal reports that the crypto exchange plans to release more information, including the official launch date, through its social media platforms and announcement channels. This news has sparked excitement within the crypto community, as the crypto exchange continues to innovate and provide users with new ways to maximize their assets.
The crypto exchange has once again proven why it is a leader in the crypto space by offering this flexible, user-friendly staking option. By allowing users to stake Solana while still maintaining control over their assets, Binance SOL Staking opens up new possibilities for DeFi participation and reward accumulation.
The BIT Journal will continue to follow this story closely, keeping users updated on the official launch and how to get started with Binance SOL Staking.
Mbappé’s X Account Hack Wreaks Havoc in the Crypto World!
🚀💥 The token craze continues! Kylian Mbappé's X account hacked and $200,000 won in a flash! ⚡️ Famous footballer Kylian Mbappé, recently transferred to Real Madrid, was the target of a spectacular hack of his X account. The hackers took advantage of the situation to create a fictitious token named MBAPPE, which had no real connection with the football star. In record time, a savvy investor spent just 2 SOL for this token, but saw his investment grow to 1398 SOL, or around $200,000, before the token was taken off the market!
$DOGS - Have You Sold Yet? 📉 I’m personally holding because things are a bit tricky right now. Let me break it down for you.
🔔 Two Possible Scenarios from Here:
1. **Support Holds**: If $DOGS finds support on that trendline, we could see a continuation to the upside. The current resistance is at **$0.0014**, as it's been rejected multiple times around this area. A breakthrough here could send it up to **$0.0018**.
2. **Trendline Breaks**: If the trendline fails, expect a test of **$0.0012** support, followed by **$0.0011**. In the worst case, we might see it drop to **$0.0010**, which would be a critical zone where new support might form.
Regardless of what happens, panic selling won’t help here—market sentiment is at its peak. Once Pavel is out of detention, the Ton ecosystem could explode. Even a 5th grader would see that coming.
For now, I’m waiting to see the price’s next move. If it dips, I might add more since I'm currently just holding my airdrop tokens.
*This is not investment advice. Always do your own research before making any trades.*
Medical Aid Across Borders: How Binance Pay Saved a Life
In a compelling testament to the power of cryptocurrency, Binance Pay played a crucial role in saving a life by bypassing traditional banking delays. The story, involving two families from Algeria and France, highlights the practical and transformative value of digital assets in urgent situations.Imed Idrissi (a pseudonym), a professional P2P merchant from Algeria, recalls his initial encounter with cryptocurrency through Binance Pay. His experience began with a simple test transaction but later evolved into a life-saving tool that would cement his loyalty to the platform.A Life-Changing ExperienceIn the summer of 2022, Imed’s parents, Mr and Mrs. Idrissi, travelled from Algeria to France for their annual vacation. While visiting Alain, a close family friend, tragedy struck—Alain’s young son was involved in a near-fatal car accident, requiring emergency surgery. Despite France’s robust healthcare system, the necessary operation was costly and beyond Alain’s financial reach due to the lack of private insurance.Determined to help, Mr. Idrissi attempted to transfer 10,000 euros from his bank in Algeria to Alain’s account. However, strict banking regulations and lengthy processing times made this transfer nearly impossible within the urgent timeframe.Binance Pay to the RescueIn a desperate bid to expedite the process, Mr. Idrissi contacted his son Imed, who suggested using Binance Pay. Within the same day, Imed helped his father set up a Binance Pay account, complete identity verification, and transfer the required funds in USDT stablecoins.Imed guided his parents through converting the stablecoins to euros and withdrawing the fiat currency using fintech service providers. Thanks to Binance Pay’s instant and fee-free transactions, the funds were made available immediately, allowing the family to settle the hospital bills quickly.A New Perspective on CryptocurrencyThe successful operation saved Alain’s son’s life, leaving both families with a newfound respect for the utility of cryptocurrency. What began as scepticism toward digital assets transformed into an appreciation for their ability to revolutionize traditional finance and offer real-world solutions.“Binance Pay means freedom to me,” said Imed. “It allows me to access and use my funds whenever and wherever I want, without the delays and fees associated with traditional banking.”Today, both the Idrissi and Alain families regularly store and use cryptocurrency in their Binance accounts, especially when travelling. This experience has reshaped their understanding of digital assets, proving that cryptocurrency is not just a speculative investment but a powerful tool for financial freedom and security.
A HISTORICAL STEP FOR SOLANA: THE WORLD'S FIRST SOLANA ETF COMES FROM BRAZIL‼️
#Solana Brazil has taken an important step in the crypto investment world by approving the world's first Solana-based ETF. This approval, granted by the Brazilian Securities and Exchange Commission (CVM) on August 7, 2024, is considered a major step towards wider adoption of Solana by global investors. This ETF will be launched under Brazilian leadership, managed by QR Asset and fund manager Vortx, and is awaiting final approval from the local stock exchange B3.
This new ETF will track the CME CF Solana Dollar Reference Rate, developed in collaboration with CF Benchmarks, powered by the Chicago Mercantile Exchange (CME). This step proves once again how important an asset Solana has become in the eyes of investors, leaving major cryptocurrencies like Bitcoin and Ethereum behind throughout 2024. QR Asset’s chief investment officer Theodoro Fleury emphasized that they are reinforcing Brazil’s goal of becoming a global leader in regulated crypto investments.
🔥🔥🔥 Brazil is consolidating its global leadership in crypto investments, leading to wider adoption of innovative assets like Solana‼️ #Bitcoin #escoin #Bitcoin #elg $SOL $BTC $ETH
- The information contained in this article is never investment advice, but is for accurate and up-to-date information purposes. STAY TUNED. Be sure to do your own research.