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I was reducing my presence and posts in the weeks when the market was high, because the situation was good and everyone was benefiting and there was no need for me to be there in large numbers.
But now after the current decline, the situation is scary for the majority. That's why I tell you the following đ
We are on the verge of the end of the year, there are certain events that are repeated every year, vacation, expenses, settling accounts and financial matters that must be concluded for the beginning of a new year with new data, etc..
These things make the majority (especially large companies) and the whales and the big ones who are profitable sell to settle their affairs to start a new year with new plans. At that time, the market begins to recover again. #Bitcoinand the rest of the currencies were improving, especially Bitcoin significantly in the past weeks. Therefore, the correction is (part of the journey to rise).
Every Bull Run, if you go back to it, you will see that there were corrections and there was no continuous rise without a decline. So I say..
Relax and be patient đ
Would you like to buy and take advantage of the decline? Do the following:
- Buy using the DCA method (in stages) - The (foothold) method is useful for projects that you are not invested in but have your eye on.
The prohibitions are one thing:
Do not sell your ancestors' lands, do not bring inheritance, do not sell your family's gold, and do not sell half of your skyscraper properties and buy digital currencies. Calm down and take your time when you buy. Do not buy all at once $XRP
It needs some time and it will rise strongly. Its project is strong and it has had an explosion in price before, and this will happen again. It is a matter of time.
Okay, a question for those who are familiar with this: Is this a buying opportunity or could it be too early?
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Why did cryptocurrency prices fall today?
What is the secret behind the decline in cryptocurrency prices today? Today, the cryptocurrency market has seen a significant decline that has many people worried. If you are wondering what is happening and are worried about your investments, you are not alone. Let us break down the details clearly and provide you with a balanced view that will help you understand the situation and how to deal with it.
Is the current decline of ORCA scary and frustrating or does it have a strong future and is expected to rise strongly?
User-44849077
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Bullish
Across Protocol (ACX) and Orca (ORCA)
Across Protocol (ACX) and Orca (ORCA) have been listed on Binance, marking a major step forward for the two tokens in the cryptocurrency market. These two tokens are expected to see a significant jump in value in the coming period, given the increased interest and outstanding performance in recent days.
About Across Protocol (ACX):
Across Protocol works as a solution for quickly transferring digital assets across different blockchain networks, making it a preferred choice for liquidity solutions.
Current Performance: It has shown a significant increase on other platforms, highlighting its potential for rapid growth.
About Orca (ORCA):
Orca is known as a centralized protocol that provides simple and straightforward decentralized finance (DeFi) services.
Current Performance: It is witnessing great interest from investors due to its scalability and innovative solutions in the world of finance.
Future Outlook:
With the listing on Binance, both coins are expected to benefit from high trading volume and wide interest from investors, supporting their value to rise to new levels. Therefore, this is an opportunity for investors to enter early and benefit from the bullish wave.
Warning: Investing in cryptocurrencies remains risky, and it is essential to study the currency and understand the market before making any decisions.
Across Protocol (ACX) and Orca (ORCA) Listing on Binance:
Binance has announced the listing of Across Protocol (ACX) and Orca (ORCA) on December 6, 2024. Trading for ACX/USDT and ORCA/USDT pairs will open at 13:00 UTC.
ACX: A token of a protocol that improves cross-chain transfers with low costs and high security. It saw an increase in interest of 141.76%.
ORCA: A token on the Solana network that powers a decentralized exchange known for its simplicity and low fees, it rose by 87.75%.
Listing coins on Binance often leads to price increases due to increased demand. Investors are advised to monitor the market and make informed decisions to avoid potential risks.
Is this a good time to buy or wait for the price to drop?
sabry990
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Hamster currency analysis Looking at the attached image, which is the HMSTR/USDT pair chart, we can see the following:
1. Current price: $0.004397, up 6.08% in the last 24 hours.
2. Trading volume:
HMSTR volume in the 24 hours: 15.56 billion.
USDT volume in the 24 hours: 65.02 million
Technical indicators:
1. Moving averages (MA):
MA(7): 0.004386
MA(25): 0.004235
MA(99): 0.004088
Candles are above the MA(7) and MA(25), indicating an upward trend at the moment.
2. Relative Strength Index (RSI)
Value: 67.15, indicating that the market is not yet in the overbought zone (above 70), but is approaching that zone, which could mean a continuation of the uptrend in the short term
3. Stochastic Indicator
K: 76.89
D: 77.79
J: 75.09
The current values ââof the Stochastic Indicator indicate that the market may be close to the overbought zone, which may require caution if the rise continues.
Trend Analysis:
The general trend in the image shows an upward bias, as the candles are trading above the short- and long-term moving averages. The high trading volume also supports this trend.
It is important to monitor overbought indicators such as the RSI and Stochastic to ensure that you do not enter a trade at a time when the price is overbought. Nearby support and resistance levels can be considered to verify appropriate entry and exit points. If you have any further questions or need analysis,