1. Current structure and key levels: o The current price of BTC is $69,398.12, which is above the important support level at $67,003.17. This level plays a key role, as its retention may lead to a bounce and continuation of the upward movement. o If the price holds above the level of $67,003.17, this may serve as confirmation of a bullish sentiment, followed by movement to higher targets according to Fibonacci levels.
In November, several major projects are preparing for significant token unlocks, which may substantially impact the market. Below is a list of projects with upcoming unlock volumes: #Sui (SUI): $163.28M (2.97% of market capitalization) — unlocking on November 3. #Aptos (APT): $110.62M (2.20% of market capitalization) — unlocking on November 12.
Shiba Inu (SHIB) shows signs of readiness for strong growth. A bullish 'pennant' pattern is visible on the chart, which often signals an upcoming upward breakout. Additionally, the formation of a 'double bottom' pattern at the $0.00001253 level supports the growth, enhancing the likelihood of an upward movement.
ИИ — один из самых эффективных секторов криптовалют за последний час. Активы в этом секторе с самыми высокими социальными упоминаниями сегодня... Injective $INJ Bittensor $TAO Render $RNDR Oasis $ROSE DIA $DIA Theta Network $THETA TokenFi $TOKEN Akash Network $AKT Aethir $ATH The Graph $GRT
📈 Analysis 31/10/2024 #ARB /USDT: The chart has fully formed a descending wedge, indicating a potential breakout. 1. Price Forecast (short-term, medium-term) • Short-term: After breaking the descending wedge and exiting it, the price has entered a consolidation phase (flat) around the level of $0.5490. This may indicate position accumulation before a potential movement. If the price can break the nearest resistance at $0.5535, further upward movement can be expected. • Medium-term: Considering the current formation, a rise to the level of $0.9279 is possible. This is significant resistance, and breaking it may lead to further growth towards the key level of $1.1359. Achieving the maximum level of $1.9263 will depend on the dynamics of volume and market conditions in the following weeks. 🖌 Subscribe to not miss the latest news! ➡️✈️ @INVESTIDEAUA
Analysis #Chainlink (#LINK ) as of 31/10/2024 📊 Social interest in $LINK is currently at its highest level in the last 365 days.
1. Price forecast (short-term and medium-term) Short-term: The current price is at $12.13, near strong resistance at $12.45 (100-day EMA level). If the price can break through this level, an increase to the next significant resistance at $14.00 and above to $16.16 is possible. However, if the price cannot hold above $12.45, a pullback to support at $10.71 is likely. Medium-term: A breakout at $14.00 will open up potential for further movement to $17.02 and $18.37. In case of a pullback, support at $10.71 will be key to maintaining the current upward trend. 🖌 Subscribe so you don't miss the latest news! ➡️✈️ @INVESTIDEAUA INVESTIDEAUA
Analysis of #Ethereum (#ETH ) for 10/30/2024 1. Price forecast (short-term and medium-term) Short-term: $2,666 is a significant support point. If the upward momentum continues and the $2,756 level is broken, we can expect movement to $2,876 and then to $3,031.
Medium-term: If the price consolidates above $2,876, growth to $3,200 is possible, where there is strong resistance. 2. Support and resistance levels • Support: $2,534, $2,311, and $2,037 (significant correction points). • Resistance: $2,756, $2,876, and $3,200.
⚠️ Overall Conclusion
Currently, ETH is showing an upward movement with important resistance levels. Consolidation above key levels will contribute to further growth, but a breakdown below the support of $2,534 may trigger a downward movement. Full review @INVESTIDEAUA
In previous bull cycles, #Bitcoin reached a peak between the Fibonacci retracement levels of 1.618 and 2.272. Following a similar pattern, the next peak $BTC may be between $174,000 and $462,000!
The 10945330185 platform announced a partnership with#GoogleCloudto support the development of a real-world asset ecosystem on the blockchain. Google will now act as the main validator and infrastructure provider for #MantraChain . 💼 Conclusions: This partnership with one of the largest tech giants can significantly strengthen Mantra's position in the blockchain industry and give the project additional reliability and weight in the market. Google Cloud, as a validator, ensures high security and stability of the project's infrastructure, which increases investor confidence and can contribute to further growth in the value of Mantra tokens. 👉 Why is this important? Integration with a partner like Google can create additional incentives for future investments and active development of the ecosystem. 1094533018#GoogleCloud#BlockchainInnovation#CryptoNews#DeFi #Инвестиции
If #Bitcoin $BTC breaks $70,500, the next local high could be around $84,200, according to MVRV price ranges!
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BTC/USDT Chart Analysis (1 week) 29/10/20204
Forecast in progress #BTC /USDT (1 week) 21/10/20204 Technical analysis o Fibonacci extension: $71,871.01, $75,439.87 and $79,314.64 – target levels for further growth. o Support: $64,019.50 (0.5 on Fibonacci) $62,795.89 (0.62 on Fibonacci) $58,921.12 (1 on Fibonacci) Additionally: $53,026.06 and $50,557.40 o Resistance:
Forecast in progress #BTC /USDT (1 week) 21/10/20204 Technical analysis o Fibonacci extension: $71,871.01, $75,439.87 and $79,314.64 – target levels for further growth. o Support: $64,019.50 (0.5 on Fibonacci) $62,795.89 (0.62 on Fibonacci) $58,921.12 (1 on Fibonacci) Additionally: $53,026.06 and $50,557.40 o Resistance:
🇯🇵 LATEST DEVELOPMENTS: Japanese company Metaplanet announced an additional purchase of $157BTC ($10.4 million), bringing its total assets to over $1,000 #BTC.
This makes Metaplanet one of the largest corporate holders of cryptocurrency in Asia.
So, the general forecast for the market on 10/28/2024: moderate growth is expected for strong cryptocurrencies, possible consolidation for neutral assets and the risk of a fall for weaker ones. Keep an eye on the Fear and Greed Index, as its further increase may increase market volatility. Full review ▶️you can read all this from Pavel Durov✈️ @INVESTIDEAUA #BTC #Litecoin #Dogecoin#BNB #Solana #SUI
Major token unlocks from October 28 to November 3, 2024. Analyzing them, we can highlight the following projects:#TokenUnlocks #Celestia #Sui #Optimism #Immutable #TribalToken #MaverickProtocol 🔥 Why is this important? Token unlocks can affect the price of cryptocurrencies: a sharp increase in the volume in circulation can create selling pressure, which will lead to a decrease in the price. However, if the demand for tokens remains high, the price can stabilize. 📊 Conclusion: Tracking major unlocks allows you to predict possible market fluctuations in advance and make more profitable deals. Full review ▶️ 🖌 Subscribe to stay up to date with the latest news! ➡️✈️ @INVESTIDEAUA
1. Price forecast (short-term, medium-term) Short-term: The price at the time of analysis is trading around $3.48. If it continues to hold above $3.61, growth to the next resistance levels of $4.17 and $4.89 is possible. If these levels are broken, the potential for further growth will be directed towards $5.67.
The director of the company #Tether Paolo Ardoino reported: that the issuer #USDT keeps in reserves: 82,454 bitcoins worth $5.6 billion at the current rate; 48.3 tons of gold worth $4.2 billion; Securities issued by the US government, approximately $100 billion. Thus, the value of assets supporting the USDT rate is $109.8 billion, and the capitalization level of stablecoins reaches $120.2 billion. Accordingly, the issued USDT coins are not fully backed by assets, but only by 91%. HE ALSO DENIED the information that American officials were investigating the activities of the Tether company, allegedly suspected of violating the law on money laundering and the sanctions regime. He stated that he was not aware of such an investigation. According to the head of Tether, the company's employees, on the contrary, cooperate with law enforcement agencies in the fight against the illegal use of cryptocurrencies.