The reasons for the fall of cryptocurrency can be different: from political events to economic factors!
How to act during the fall of cryptocurrency? 1. Keeping calm 2. Diversification of the portfolio: The distribution of investments between different assets (not only cryptocurrencies) can reduce risks and ensure greater stability of the portfolio. 3. ACCUMULATE! - this is the most important thing, because it is an opportunity to multiply your portfolio!
How to benefit during a fall? 1.Using dips to buy: Buying assets at support levels or during dips can provide good pricing for future market growth. 2. Short-term trading: Traders who have experience and understand market trends can take advantage of the dip for short-term trading, profiting from price fluctuations.
A fall in the cryptocurrency market can be stressful, but it also opens up opportunities for investors. It's important to keep a cool head, do your due diligence and act on your investment strategy. MY ADVICE IS BUY ETH WHILE YOU STILL CAN!
$ETH #ETH Technical Indicators: At the moment, Ethereum is showing relative stability in its movement, with the RSI approaching the neutral zone, which may indicate the possibility of further upside. Trade volumes remain at an average level, which indicates a balance between buyers and sellers, although no significant breakthrough has yet been observed.
ACTION STRATEGY:!
For long-term investors: If you plan to hold Ethereum for the long term, the current situation may be favorable for gradual accumulation of the asset. Despite short-term fluctuations, the overall outlook for ETH looks positive due to its widespread adoption and continued innovation. For traders: If you're trading short-term, it's worth keeping a close eye on key support and resistance levels. It is now important to monitor the level of $1,800 - $2,000, as a break of this range could signal further moves up or down. In such a situation, it is recommended to place stop orders to minimize risks.
As of August 2024, the crypto market shows mixed trends. On the one hand, major cryptocurrencies such as Bitcoin and Ethereum show weak dynamics. Bitcoin, for example, continues to hover below the $60,000 level, which is quite low compared to previous months. Despite some attempts at recovery, the general trend remains pessimistic due to low trading volumes and lack of significant investment
Ethereum, on the other hand, is showing some signs of recovery, notably due to the growing interest in the Ethereum ecosystem and its role in new DeFi projects and NFTs. This cryptocurrency was able to grow by approximately 2.8% over the past few days, which indicates a possible gradual recovery in demand
Among altcoins, it is worth noting positive movements in such currencies as Solana, XRP, and Toncoin. Solana in particular is attracting attention due to its success in launching new products, which has led to a noticeable increase in activity on the platform. XRP also shows positive dynamics thanks to court decisions and new partnerships, which strengthened its position in the market.
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BUY THESE THREE TOKENS FOR AT LEAST $100! Take care of the future🌕🚀 #FLOKI $FLOKI Floki Inu (FLOKI) is a meme coin named after Elon Musk's Shiba Inu dog. Today, its price is about $0.0001678. FLOKI focuses on community-driven initiatives, offering rewards to holders through its tokenomics model. It has a market capitalization of about $2 billion and ranks 63rd on the crypto market. #PEPE $PEPE Pepe (PEPE) is another meme coin inspired by the internet meme Pepe the Frog. It is known for its high volatility and speculative trading, attracting mainly meme enthusiasts and speculative traders. The coin seeks to capitalize on the popularity of meme culture, but its price fluctuates due to its speculative nature.
#Shibalnu $SHIB Shiba Inu (SHIB) is a decentralized meme token that has gained notoriety as the “Dogecoin killer”. It runs on the Ethereum blockchain and has developed its own ecosystem with various projects, including a decentralized exchange. To date, SHIB maintains a significant presence in the meme coin market, although its price fluctuates with market trends and investor sentiment.
Good evening everyone! Notcoin's recent gains have been driven by increased trading volume and investor interest, thanks in part to support from Coinbase and the completion of a large token distribution (airdrop). These factors helped support the market capitalization at approximately $1.52 billion Notcoin Price Prediction, News, and Analysis (NOT) Buy NOT while there is an opportunity, be among those who will get rich from it! Make sure that you have at least 20 thousand NOTs on the spot. #BTC☀ #NOT🚀 $NOT
Hello! As of June 2024, Ethereum (ETH) is showing steady growth. The price of ETH is around $3,527, which is relatively high, but still 25% below the all-time high of $4,721. Over the past month, ETH has shown a 24% increase, which indicates positive dynamics in the cryptocurrency market. Since Ethereum's merger with Beacon Chain, which switched the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS), there has been a 90% decrease in the issuance of new ETH coins. This made Ethereum a potentially deflationary asset, particularly due to the 99.9% reduction in network power consumption, which helped attract institutional investors. The preliminary forecast for the end of June 2024 suggests a price increase of 2.12% based on technical analysis and indicators such as Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD). Investors and analysts are generally optimistic about the future of Ethereum, particularly thanks to news about ether ETFs and network scaling . Thus, the current situation of Ethereum looks promising, with the trend of further growth and improvement of network functionality. #Ethereum... #binance $ETH $BTC
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Good evening The situation with Bitcoin (BTC) is currently characterized by some uncertainty, although the overall trend remains positive. After a period of growth, Bitcoin entered a consolidation phase, fluctuating between $60,000 and $73,500. It is currently trading below $69,000, indicating a possible correction after the recent rally. Technical analysis shows that BTC has support at $66,000 and resistance at $72,000. If the price can hold above $66,000, a further rally to the all-time high around $74,000 is possible. In the event of a drop below this level, support may be at $63,000. Overall, the medium and long-term trend for Bitcoin remains bullish, confirming the positive expectations of investors. Support : 0x48be258139Bad0eF487D691F73C5fbc48B19E1AA #Bitcoin❗ #BTC☀ #binance
Hello everybody! To date, the situation with the Floki token (FLOKI) in the market shows certain positive trends, albeit with some caveats. The price of the token is approximately $0.000173 and has increased by 5.79% in the last 24 hours. The total market capitalization of FLOKI is about $1.66 billion, and the trading volume per day is $263.25 million. One of the important events that influenced the growth of the price of FLOKI was the adoption of the proposal to burn 2% of tokens from the total volume. This decision was supported by almost 90% of voters, which led to a significant increase in the value of the token by more than 100% in recent days. Burning tokens reduces their number in circulation, which can contribute to further price increases. Technical analysis shows that on the daily timeframe, FLOKI is in an uptrend, with the 50-day and 200-day moving averages indicating a potential continuation of the trend. However, despite the positive news, investors should be cautious given the high volatility of the cryptocurrency market and the potential risks associated with investing in meme tokens like FLOKI. Support : 0x48be258139Bad0eF487D691F73C5fbc48B19E1AA #FLOKI #MemeWatch2024 #ElonMusk $FLOKI
Notcoin (NOT) is currently experiencing significant activity and growth in the cryptocurrency market. It currently has a market capitalization of approximately $1.59 billion, with a circulation of around 102.7 billion tokens. The trading volume for 24 hours is noticeably high, about $632.41 million, which indicates active trading and investor interest. Launched as a play-to-earn game integrated into Telegram, Notcoin allows users to “mine” tokens by clicking on an animated coin in the chat interface. This simple yet exciting concept has attracted a significant number of users, growing from 650,000 users during the closed beta in November 2023 to over 5 million users by January 2024. The token is currently worth approximately $0.0153. Despite recent fluctuations, it remains relatively stable, ranking 54th most popular digital asset on platforms such as Binance. Notcoin's integration with the TON blockchain and support from the TON Foundation lends it some credibility, though questions still remain about its long-term viability and potential as a legitimate cryptocurrency project. $NOT $NOT Support : 0x48be258139Bad0eF487D691F73C5fbc48B19E1AA
Hello everyone, if you haven't played yet, or haven't even heard about this interesting game in Telegram, I advise you to definitely go, because #Sol never fails)) $NOT $SOL https://t.me/tapswap_bot?start=r_589579178