💰 Low exchange stablecoin ratio hints at strong Bitcoin demand

The exchange stablecoin ratio is a critical barometer of market sentiment, reflecting the balance between stablecoins and Bitcoin held on exchanges. When this ratio plummets, it typically signals increased Bitcoin accumulation, suggesting traders are confident in a price surge. As we see Bitcoin testing the $60,000 resistance, the ratio just hit its lowest point this year🤔

#BTC #Bitcoin #binance #xrp #ETH

HIGH 4H

Update 🧐🤔

Don’t miss updates, my friends 💫

#TrendingTopic #crypto2024 #Launchpool #TradeNTell #dyor

HIGH on the Plan💪💫

Guys nice Plan, futures Long and Short signal😉

Take Profit✅

Thanks to everyone who supports me, guys🤝

We will become better every day💪💫

💎Next Signals?💎

#Bitcoin #Altcoins #cryptocurrency #futures #Ethereum

🚨What happened in Crypto in the last 12h?🚨

• #CoinbaseIntExch has announced the listing of $AEVO $ENA $ETHFI perpetual futures on May 2.

• $ACS - Access Protocol has teased that the launch of the new Access Hub on Monday.

• #AUCTION - Bounce Brand has announced the upcoming launch of Bounce M&A, new feature for managing digital asset mergers and acquisitions.

• $APE - Apecoin has announced that the Apechain testnet is coming soon.

• $BNB - Binance has announced the first project on Binance Megadrop - BounceBit (BB).

• $FIRO - #firoorg has a scheduled halving in September 2024, with discussions about tokenomics taking place in forums.

• $MAVIA - Heroes of Mavia had announced that the $MAVIA emission schedule being modified. Mavia’s circulating supply will remain under 14% up until Feb 2025.

• $MATIC - Franklink Templeton #FTI_US has enabled peer-to-peer transfers of tokenised shares (BENJI) in its U.S. Government Money Fund on polygon.

• $ORN - Orion has unveiled Early Beta of new iOS app.

• $OKB - OKX will offer Meson Network (MSN) farming on OKX Jumpstart as of April 26. $MSN trading will go live on April 29.

• $OGN $OGV - Origin protocol proposed a new tokenomics. The proposal included revenue sharing and staking.

• $SHIB - Shib has announced the Shibarium hard fork is set for May 2.

• $W - Wormhole has announced the NTT (Native Token Transfer) framework.

• $ZETA - ZetaChain has announced Ecosystem Growth program. This new program allocates up to 5% of total ZETA supply. (Worth of ~$100M)

• $ZIG - Zignaly has teased that a big update for #ZIGChain next week.

Wait for updates, my friends 💫

#Bitcoin #etf #Altcoins #cryptocurrency #Ethereum

HIGH 30M

Price movement Plan🧐🤔

Wait for updates, my friends 💫

#Bitcoin #HIGH #Altcoins #cryptocurrency #futures

🚨What happened in Crypto in the last 12h?🚨

• "Memecoin meta reaching saturation" is being talked about among key KOLs.

• $EOS - EOS CEO #BigBeardSamurai proposed a new tokenomics that burns 80% of the total supply.

• $FORT - Forta had launched the $FORT Stacking Vault.

• $GAL - Galxe had announced a staking feature. Team will reward to staker with $ARB $MERL $ZK tokens.

• $MAGIC - TreasureDAO has launched a Ruby testnet V1. Dual staking of MAGIC and ETH will be added in the future.

• $MAV - Maverick protocol has teased that Maverick V2 is comming soon.

• $PIXEL - Pixels team announced that the Chapter 2 update is about 90% complete and will be rolling out in 2-4 weeks.

• $RON - #Puffverse will plan to launch PuffGo on Ronin. Migration details will be announced on April 29th.

• $SUI - #xocietyofficial has partnered with Sui Network to launch game on Sui before the end of the year.

$STG - Stargate has started voting on the Stargate V2 proposal, which will be open until the 28th.

• $TRIAS - Trias announced that the launch of Phase 1 of its mainnet will take place in late April.

• $VIC - Viction had announced World wide chain - a new framework to empower Viction appchains' economy.

• US regulator seeks $5bn penalty against Do Kwon and Terraform Labs. $LUNA $LUNC $USTC

Don’t miss updates, my friends 💫

#Bitcoin #etf #Altcoins #cryptocurrency #Ethereum

BTC 4H

As I said, we should observe the reaction of the price for the moving MA200 and MA100 on the 4-hour timeframe.

So we saw it: a slow back and correction of ~$1000🧐🤔

Update soon, my friends 💫

#Bitcoin #etf #Altcoins #cryptocurrency #Ethereum

FET analysis:

Price is attempting to break a resistance area. A successful breakout above this resistance area is bullish and will send the price towards an all-time high resistance area. A break and close above $2.50 is a buy signal, so keep an eye on it.

Wait for updates, my friends 💫

#fet #binance #Polygon #DeFi #NFT

🚨What happened in Crypto in the last 12h?🚨

• Vitalik Buterin emphasized the importance of privacy in crypto, which led to a price increase in $RAIL.

• According to #LeonidasNFT, The Runestone snapshot for the $DOG airdrop has now been taken.

• Due to the ZKCasino issue, Lowcap project #shufflecom $SHFL is being highlighted in the market. Shillng by #Arthur_0x #hedgedhog7.

• The possibility of #aoTheComputer $AO airdrop to Arweave $AR holders is being mentioned. At this point, it's just a rumor.

• $GAL - Galxe's GP25 proposal is live. It includes Token Symbol and Contract Migration from $GAL to $G.

• $LIT - Litentry's Version 0.8 IdentityHub will be released today.

• $NAKA - Nakamoto Games has announced the release of #DUO (Game) planned for rollout this week.

• $PRCL - Parcl will introduce its first token and forex markets on this week.

• $PUFF - Puff has planned an announcement on Starting of Blue Potion bonding for this week.

• $PUPS - #PupsToken has teased that it will release an overview of the migration process.

• $SOL - According to #mcagney, the next round of locked Solana coins from the #FTX estate will be an auction. Details will be released Monday.

Don’t miss updates, my friends 💫

#Bitcoin #etf #Altcoins #cryptocurrency #Ethereum

Solana Price Forecast As Market Surges: Could SOL Hit $200 By The End of April?

Over the past week, SOL has registered a 4% uptick and a remarkable 606% surge over the last year, showcasing a strong upward trend. The trading span has fluctuated between $130 and $157 in the past week, indicating some instability yet a predominant growth pattern.

If the trading momentum propels Solana beyond the $180 resistance level, this might indicate a bullish revival, potentially driving the digital currency toward the $190 benchmark. If SOL maintains this trajectory, it could establish a foundation for an ascent to the $200 resistance point in the near future.

Conversely, a trend reversal could lead SOL to regress to the $150 support mark. Sellers’ persisting dominance might further depress the SOL price to a $130 support area, heralding a bearish market phase.

Solana has witnessed a concerning trend within its ecosystem, as highlighted by the investigative efforts of crypto analyst ZachXBT. Utilizing platform X for outreach, ZachXBT brought to light a distressing pattern. In a mere month, a dozen meme coin ventures launched as presales on Solana have ceased operations.

This revelation underscores the volatility and risks associated with investing in such projects. ZachXBT’s findings serve as a crucial reminder of the precarious nature of meme coin investments on the Solana blockchain.

The four-hour technical indicators for Solana show a dynamic market with recent price movements oscillating within a defined range. The Bollinger Bands are indicating moderate volatility in the price of Solana. The upper Bollinger Band is situated at $1556.69, representing a potential resistance level.

Conversely, the lower Bollinger Band, placed at $141, could serve as a support level where buying interest may intensify. The price is trading closely hugging the 20-period Simple Moving Average (SMA) line at $148.86. The Relative Strength Index (RSI) is at 62.05, hinting at a slightly bullish momentum.

#TrendingTopic #Sol #Solana⁩ #futures #Bitcoin

The NUPL indicator suggests that most long-term BTC holders remain steadfast, indicating that widespread market euphoria is not imminent. According to Glassnode data, the current trend is in the early stages of active growth.

#TrendingTopic #crypto2024 #Launchpool #TradeNTell #dyor

BTC 1D 🧐🤔

#Bitcoin #etf #Altcoins #cryptocurrency #Ethereum

BTC rainbow 🌈

#HotTrends #Halving #BTC #ETF #AltSeason

#MKR/USDT UPDATE:

MKR is now trading around 2995$. #MKR has broken down and closed a symmetrical triangle on 4hr time frame. So the Possible scenario is according to the pattern, we can see bearish sign in it and can see 15-20% dump. Otherwise If the price pumps up and trades inside the triangle again, the breakout will be called a fake out. Stay tuned with us for further updates💪💫

#Bitcoin #Altcoins #cryptocurrency #futures

#1000SHIB/USDT UPDATE:

#1000SHIB is now trading around 0.0260$. #SHIB is moving inside a descending channel on daily time frame. So the Possible scenarios are If the price pumps up and breaks out of the channel and gives a daily close, then we can see bullish momentum in it. Otherwise If the price rejected from the resistance trendline, the price may dump and move towards the lower support trendline. Stay tuned with us for further updates💪💫

Wait for updates, my friends 💫

#SHIBA🔥 #shibainu #Web3 #NFT #DeFi

Ethereum Price Analysis: Whale Activity Spikes as ETH Finds Support At Key Fibonacci Level

For over a week, the second largest cryptocurrency Ethereum has been trading sideways trying to sustain above the combined support of $2875 and 38.2% Fibonacci retracement level. Despite stable support and the completion of the fourth Bitcoin halving, the ETH price witnessed a modest upswing to $3144 this weekend registering a 9.5% jump. Will this reversal gain sufficient momentum to surpass the $4000 high?

Amid the pre-halving consolidation in the crypto market, the Ethereum price prevented its correction below the $2875 level. This horizontal level aligned with the 38.2% Fibonacci retracement level created suitable support for buyers to regain trend control.

This healthy retracement amid the Bitcoin halving uplifted the ETH price to a high of $3198. An analysis of the 4-hour chart shows this upswing as the formation of a double bottom pattern— a technical setup often located at the downtrend bottom and potential for higher rally.

Moreover, On-chain data provided by Lookonchain reveals a noteworthy Ethereum whale transaction. Recently, 10,119 ETH were withdrawn from Binance, marking yet another substantial move by this investor, who has amassed 127,388 ETH since April 8, equivalent to roughly $405.19 million. The whale’s average purchase price of $3,172 per ETH suggests a long-term optimistic view of Ethereum’s market potential.

Thus, if the bullish momentum persists, the ETH price may breach the $3300 neckline resistance, bolstering buyers to prolong recovery. The post-breakout may drive the asset to $3730.followed by $4100.

Technical Indicator

Exponential Moving Average: A bearish crossover between 20-and-50 EMA indicates the near-term trend is bullish but the price still trading above 100-and-200 EMA projects the long-term trend remains bullish.

Relative Strength Index: The daily RSI slope at 44% reflects a neutral to bearish market trend.

Don’t miss updates, my friends 💫

#Bitcoin #cryptocurrency #Ethereum #ETH #binance

Polkadot (DOT) Launches Runtime Upgrade And The Unexpected Happened

The much-anticipated Polkadot runtime upgrade has gone live on the mainnet. Unusually, the upgrade triggered a sudden halt on the blockchain’s parachains.

According to one of its parachains, Moonbeam Network, the runtime upgrade on Polkadot triggered a cessation in block production on other competing parachains. Moonbeam confirmed that its parachain was one of the affected by approximately 10:27 am UTC on April 21.

Ordinarily, the Polkadot runtime upgrade, like any other, is meant to change the logic of the chain without utilizing a hardfork. Based on a published statement on the Polkadot website, hard forking is slow and therefore, inefficient and prone to error. Generally, this outlook is contributed by the level of offline coordination that is required.

Parachains get the ability to upgrade their runtime without hard forking by using Wasm in Substrate, the framework that powers Polkadot, Kusama, and many other connecting chains. Polkadot stores its runtime on its dedicated blockchain.

“Polkadot can upgrade its runtime by upgrading the logic stored on-chain and removes the coordination challenge of requiring thousands of node operators to upgrade in advance of a given block number. Polkadot stakeholders propose and approve upgrades through the on-chain governance system, which also enacts them autonomously,” the protocol detailed.

While the downtime was encompassing, Moonbeam reported that it returned to active block productions about an hour later.

This is not an uncommon outage trend in the industry as others like Solana and Polygon are known to have recorded related upgrades that come with short-paced outages.

The Polkadot runtime upgrade follows an initial announcement to release JAM upgrade, a protocol that is meant to replace the Relay Chain interoperability protocol. In its entirety, this upgrade marks an evolution designed to usher in a more modular and minimalistic design.

Update soon, my friends 💫

#Bitcoin #DOT #cryptocurrency #futures #Polkadot

Bitcoin Price Analysis: When to Expect the Post-Halving Rally?

Bitcoin Price Analysis: On April 19th, Bitcoin, the largest cryptocurrency market cap completed a major milestone called ‘halving’ — a phenomenon where the reward for mining Bitcoin transactions is cut in half. This reduction from 6.25 to 3.125 bitcoins per block in this fourth aims to control inflation and mimic the scarcity-driven value increase similar to precious metals. Historically, halvings have preceded substantial rallies in Bitcoin’s price, as reduced supply and ongoing demand may push prices higher. What to expect after the Fourth Halving?

While the neutral candle formation in the daily chart shows a lack of initiation from buyers or sellers, such behaviors are common before the post-halving rally begins.

The first Bitcoin halving took place on November 28, 2012, yet the sustainable rally didn’t begin until about 40 days later, in early January 2013.

If the pattern holds true, the Bitcoin price may need 2-3 months to stabilize before initiating the post-halving rally.

According to on-chain data provider Spot On Chain, Bitcoin historically doesn’t experience immediate price spikes post-halving. Instead, new all-time highs have tended to occur 6 to 12 months after the event. The first event in November 2012 saw Bitcoin’s price rise from $12 to over $1,000 by late 2023.

In July 2016’s second halving, the price climbed from around $650 to almost $20,000 by Dec 2017. The third halving in May 2020 preceded a surge to a $69,000 ATH by November 2021. This cyclical trend suggests potential for upward movement post-halving and a possible time period for new tops in BTC price.

Technical Indicator

Exponential Moving Average: The BTC price above 100-and-200-day EMA indicates the broader trend remains bullish.

Moving Average Convergence Divergence: A MACD and signal in a bullish crossover state highlights the recovery sentiment returning to this asset.

Wait for updates, my friends 💫

#TrendingTopic #Bitcoin #etf #cryptocurrency #Ethereum

⚡️ Calendar of key events for this week:

Monday 22 April:
- nothing important

Tuesday 23 April:
🇺🇸USA - Manufacturing/Services/Composite PMI (Apr) - 16:45

Wednesday 24 April:
🇺🇸USA - Durable Goods Orders (March) - 15:30

Thursday 25 April:
❗️USA - GDP (1Q 2024) - 15:30
🇺🇸USA - Initial Jobless Claims - 15:30 Moscow time

Friday 26 April:
❗️USA - PCE Price index (March) - 15:30

Don’t miss updates, my friends 💫

#Bitcoin #etf #Altcoins #cryptocurrency #Ethereum

FIL
SPOT TRADING
3-5X
LONG
Entry on parts:
6.02 - 30%
5.55 - 20%
5.02 - 50%

Wait for updates, my friends 💫

#Bitcoin #FIL #Altcoins #cryptocurrency #futures