$PYR has created and took a support at 2.70$. If the market sentiments become positive, the next stop for it will be 5$ in a shorter timeframe. $MAGIC, $GALA, and $WAXP will join this trend too. We've seen 300% profits on it in the previous rally.
The MARKET is so BORING right now. đ€« But this is part of the cycle. They say this is the CALM before the STORM. Now here's 3 THINGS you can do to prepare yourself in the upcoming STORM - the Bull Run. 1. Stay Informed Being part of my community is a big advantage already. Just by following me here in Twitter makes you well- informed and up-to-date in terms of what is happening in the market. I consistently sharing market insights that can help you better understand what is happening in the market and what to do about it.
2. Adopt to Change
Change is inevitable. And Crypto is a fast-paced and highly volatile market. For the past bull run cycle, the TOP 20 has changed a lot. The Narratives has changed. The market structure has changed. What's not changing is Bitcoin. Bitcoin is King. And Ethereum is here to stay. These 2 COIN has battled their spot for the longest time and making sure to keep it that way.
3. Evaluate your PortfolioWith the change in crypto narratives, you need to assess if you are holding the right ALTCOINS. The TOP 5 HOT NARRATIVES in this cycle are:DePIN: Decentralized Physical Infrastructure NetworkRWA: Real World AssetsAI: Artificial IntelligenceLSD: Liquid Staking DerivativesL2: Layer 2Personal note:The Market is boring, but it doesn't mean that the work stops there. We need to continuously grow and make sure that we don't loose FOCUS along the way. With all the things that are happening in the world right now, all we need to do is to have a little faith in the process.
Good news! Another opportunity to Earn Free Money on Binance Launchpool
Hey guys, if you missed grabbing an Ace token from the Binance launchpool yesterday, here's another opportunity to make some free bucks.
Binance just announced the 41st project coming to their launch pool. Users who stake BNB, TUSD, and FDUSD will be able to farm NFP freely for seven days.
Important Details:
âąFarming period: NFP token farming starts on December 20, 2023, at 00:00 (UTC).
âą Binance will then list NFP at 2023-12-27 10:00 (UTC).
âą Token Name: NFPrompt (NFP)
âą Total Token Supply: 1,000,000,000 NFP
â« Launchpool Token Rewards: 110,000,000 NFP (11% of total token supply)
âą Initial Circulating Supply: 250,000,000 NFP (25% of the total token supply)
NB:
âą You must be a verified Binance user to participate in launch pools.
âą Accumulated rewards can be redeemed every hour.
âą You need to have either BNB, TUSD, or FDUSD to participate in this opportunity.
A higher stake means a higher reward.
Please support us with a tip for more informative contents.
Amazing Opportunity! 4 days left to grab $250 (1BNB) from Binance
Hello guys! You can be a lucky winner of 1 BNB from Binance Exchange worth approximately $250 by sharing your opinions on Binance Square.
Campaign details:
Rush now to Binance Square and start sharing your contents. The top 10 creators with the highest increase in the number of followers during the campaign period will receive 1 BNB each!
âą You need at least 10 new followers to qualify for this reward.
âą Promotion period: 8th December to 20th December.
Important notes:
âą You must be a KYC-verified Binance user to participate in this campaign.
â« This campaign might not be available in your region.
âą Winners will be notified through the push notifications under the creators centre.
â« The reward voucher will be distributed 21 days after the campaign period and will expire 7 days after distribution if not claimed.
âą You must visit the reward hub to claim your voucher.
âą You must visit the reward hub to claim your voucher.
Drop your questions in the comment section for urgent attention.
BITCOIN Alert: Bulls Beware as BTC Teeters on the Edge of Key Support
âą Bitcoin faced resistance at $43,500 and struggled to surpass it, leading to a renewed decline.
â« BTC is currently approaching the $40,000 support level, indicating a potential revisit to that key support zone.
âą BTC is trading below both $42,000 and the 50-hour Simple Moving Average, suggesting a bearish trend and a possible further drop in price.
According to Coingabbar Technical Analysis, Bitcoin is currently experiencing a sideways trend, facing difficulty surpassing the $44,700 barrier.
The market's indecision is evident in a consolidation phase, forming a symmetrical triangle pattern on the four-hour chart.
âą Despite the symmetrical triangle, Bitcoin has broken the pattern in a downward direction, signaling a potential downtrend.
In the event that bears successfully breach the $40,000 level, it could trigger panic selling, leading to a potential test of the $35,000 level.
âą On the flip side, if bulls manage to hold the line, Bitcoin's price may find support at $43,500 and $45,000 levels. The $40,000 level serves as a critical point, with a breach indicating a bearish trend and a hold suggesting potential upward movement.
KEY LEVELS:
RESISTANCE LEVEL: $41,600-$42,000
SUPPORT LEVEL: $40,800-$40,200
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.