Support: The lowest price at which the price is likely to reverse and start rising (e.g. $58,946 in the attached chart). • Resistance: The highest price at which the price is likely to have difficulty rising further (e.g. $61,435 or $63,661). 2. Confirmation using technical indicators: Use indicators such as: • MACD: If it shows a negative crossover (as in the image), it means that the downward momentum is strong. Wait until it gives a positive signal to enter. • Stochastic: If it is in the oversold zone (below 20), there may be a chance for a bounce. • Bollinger Bands: If the price is close to the lower band, it may indicate a potential bounce. 3. Enter the trade: • Buy at support: Wait until the price approaches the support level (e.g. $58,946) and shows a bounce, with confirmation from technical indicators. • Sell at resistance: If the price reaches a resistance level (such as $61,435) and starts to show weakness in the upward movement, this can be a good signal to sell or take profit. 4. Risk Management (Stop Loss and Take Profit): • Place a stop loss order 2-3% below the support level to avoid big losses if the price breaks the support. • Place a take profit target near the next resistance level. For example, if you bought at support ($58,946), you can place a take profit target at $61,435.5. Capital Management: • Do not invest more than 1-2% of your capital in a single trade. This rule helps you stay in the market even when losses occur. 1. Identify support at $58,946. 2. Make sure that MACD and Stochastic are giving improvement signals (positive crossover). 3. Place a buy order if the price starts to bounce from support. 4. Set a stop loss at $57,500 (below the support level). 5. Set a take profit target at $61,435 (resistance). This way, you can reduce risks and take advantage of potential market movements, while using technical indicators to improve entry and exit accuracy.

The world of digital currencies is not without risks or even profits. The news of a trader investing $140 to become $450,000 has spread. This is what we will talk about today in the latest news about digital currencies. In the details of a trader investing $140 to become $450,000, a buyer of the new meme coin “Pochita” on the Solana network was able to convert $140 to $450,000 in less than 24 hours, and he still holds most of the coins. This coin appeared and quickly rose after the famous coin owner associated with the “Punk” coin on Solana adopted the new coin that resembles a furry dog ​​named “Pochita” on Wednesday. This person has inspired a number of crypto enthusiasts to create a large group of dog-themed coins, and Pochita has emerged as a winner in this context. Details of the investment traded $140 to $450,000 An anonymous investor, using a wallet starting with “AjwF,” exchanged 1 Solana ($140 at the time) of this coin just one minute after its launch on the Pump.fun platform. He was the 19th person to buy more than 0.05 $SOL

What is USDT and How to Buy It at Low Cost on Binance with Comparison of Different Payment Methods
USDT, also known as Tether, is a stablecoin that is widely used in the cryptocurrency world. Stablecoins are a type of cryptocurrency that aims to reduce the extreme volatility that can occur with other cryptocurrencies such as Bitcoin and Ethereum. The basic idea behind stablecoins is to peg their value to a stable asset such as fiat currency, and in the case of USDT, its value is pegged to the US dollar at a ratio of 1:1. This means that 1 USDT is always equal to 1 US dollar, ensuring relative stability and a stable value compared to other cryptocurrencies.

The spot ETF market is racing to launch a fund that tracks XRP, the seventh-largest cryptocurrency by market cap. Canary Capital Group has filed an application with the US Securities and Exchange Commission to launch a spot XRP ETF. Stephen McClurg, one of the company’s founders, explained that the move is in response to growing investor demand and expectations of a more welcoming regulatory environment for cryptocurrencies. This move follows the huge success of spot Bitcoin and Ethereum ETFs. Other firms, such as VanEck Asset Management and 21Shares AG, are also working on launching Solana spot ETFs. The spot Bitcoin ETFs have already attracted nearly $19 billion in inflows, while the spot Ethereum ETFs have seen nearly $550 million in outflows. Canary’s filing did not disclose the estimated fees for the new ETF, which would be the company’s first. These applications show that spot ETF providers are looking to expand the reach of individual investments in the crypto market. Stefan Ouellette explained that this step reflects companies’ interest in developing new products that are compatible with regulatory developments in the digital currency market. In addition, these developments came after a court ruling was issued against Ripple last August.In September, Grayscale Investments launched the Grayscale XRP Trust, giving investors the opportunity to gain exposure to the digital currency XRP, a peer-to-peer network designed to facilitate cross-border financial transactions.

Bitcoin Price Prediction: This Week's Trends and Q4 History
Bitcoin’s price has been volatile over the past week, hitting a two-month high of $66,500 before sliding to $59,500. The cryptocurrency surged to $64,500 on Monday.
Rising highs and rising trends
Cryptocurrency expert Dr. Profit said Bitcoin has hit a new high for the first time since its all-time high in a recent article.