đ„đ„đ„ #Shibalnu ($SHIB ) Set for Bullish Breakout: Experts Predict Potential 6X Growth Amid Market Optimism
Shiba Inu (SHIB) Poised for Major Breakout
Bullish Sentiments & Key Resistance:
- Analysts, including Ronimus Prime, are optimistic about Shiba Inu (SHIB) potentially breaking through key resistance levels, particularly the 50 Moving Average (MA). SHIB is consolidating near critical support, with a potential surge if it surpasses these barriers.
Technical Indicators & Market Timing:
- Ronimus Prime emphasizes the importance of the 50 MA on weekly and 4-hour charts. The upcoming FOMC meeting in September could be a catalyst for SHIBâs movement, with Fibonacci retracement levels indicating a pivotal moment.
Short-Term Targets & Patterns:
- Prime targets $0.00001600 for SHIB, contingent on favorable Federal Reserve actions. Analyst Javon Marks also identifies a Falling Wedge pattern, suggesting a breakout and setting a target of $0.000081, hinting at nearly 498% growth.
Conclusion:
SHIB is at a critical juncture, with analysts predicting a bullish breakout if key resistance levels are breached. The FOMC meetingâs outcomes could significantly impact SHIB's trajectory, potentially leading to substantial gains.
Source - en.coinotag.com
#CryptoTrends2024 #BinanceSquareTalks #CryptoNewsCommunity
El Salvador's Government Workers to be Bitcoin Certifiedđ
El Salvador has embarked on an exciting initiative to certify 80,000 government workers in Bitcoin. Spearheaded by the National Bitcoin Office (ONBTC), this program seeks to improve the public sector's grasp of Bitcoin and its effective management. The training will be thorough, addressing multiple facets of Bitcoin, such as legal regulations, management techniques, and its practical use as legal tender.
This effort is part of El Salvador's larger strategy to weave Bitcoin into its economy and public administration, showcasing the nation's forward-thinking approach to cryptocurrency.
What do you think about the move?
đłïžThank you for voting for me in the current #BinanceSquareCreatorAward
Image Source: econotimes.com
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đ Shibarium Celebrates 1st Anniversary đ
$SHIB đ‎ïžđȘ
{spot}(SHIBUSDT)
đ *417M Transactions*: Shibarium has processed over 417 million transactions since its launch, demonstrating high user engagement and adoption. đ
đž *New Burn Portal*: A new burn portal has been introduced, allowing users to burn SHIB tokens and reduce the supply, potentially increasing the value of remaining tokens. đž
đ„ *3 Hard Forks*: Shibarium has undergone three hard forks - Delhi, Indore, and Shanghai - which have added new functionalities to the network, improving its performance and capabilities. đ„
đ° *Low Gas Fees*: Despite high activity, gas fees on Shibarium have remained relatively low, making it an attractive platform for users and developers. đ°
đ *1.8M Wallets*: Over 1.8 million wallets have been created on Shibarium, showing strong adoption and user growth. đ
đ *$12M Secured*: The Shiba Inu team has secured $12 million for Shibarium's future growth and development, ensuring continued innovation and improvement. đ
đ *Future Developments*: Shibarium's roadmap includes further upgrades, new features, and expanded use cases, solidifying its position in the crypto ecosystem. đ
The cryptocurrency market can be a tough teacher. Often, smaller investors enter the space with high hopes, only to find their investments dwindling while the wealth flows toward the larger players. In this market, it's typically the big investors who manage to secure profits, while smaller investors bear the brunt of losses.
My four years in the crypto world have taught me one crucial lesson: focus your investments on solid, proven assets like $BTC , $ETH , $SOL , and XRP. These are the pillars of the market, offering more stability compared to the countless speculative tokens that promise much but deliver little.
Instead of chasing the allure of a new presale or an obscure altcoin, consider placing your trust in Ethereum or other established assets. Your capital is likely to grow more consistently there, avoiding the pitfalls that many face when venturing into less reliable territories.
#Write2Earn! #BullBanter #BinanceBlockchainWeek #LowestCPI2021 #SahmRule
A Beginner's Guide to Blockchain đ
What is Blockchain?
Blockchain is a decentralized, digital ledger that keeps track of transactions across a network of computers â no middleman required!
Key Features:
- Decentralized: No single point of control
- Immutable: Transactions can't be altered
- Transparent: Open for anyone to verify
- Consensus: Agreement across the network ensures accuracy
How Does it Work?
Transactions are broadcast, verified, and grouped into blocks, creating a permanent, tamper-proof record.
Why Blockchain?
- Security: Highly secure and resistant to tampering
- Trustless: No need to trust third parties
- Efficiency: Faster and more efficient processes
Real-World Applications:
- Cryptocurrencies: The backbone of Bitcoin and other digital assets
- Supply Chain Management: Track goods from origin to destination
- Smart Contracts: Automated, self-executing agreements
- Identity Verification: Secure and streamline identity checks
Getting Started:
- Learn the Basics: Start with the fundamentals
- Explore Platforms: Get hands-on experience with blockchain tech
- Join Communities: Connect with fellow enthusiasts
- Take Courses: Expand your knowledge with structured learning
Ready to dive into the world of blockchain? VOTE for me today and start your journey! đ
#MtGoxRepayments #Write2Earn! #BinanceLaunchpoolDOGS #BlockchainSecrets #TraderRai
Donald Trumpâs pro-crypto campaign promises may hit a wall if he's elected in November, warns Professor Tonya Evans, a digital assets expert. đ§
Trump has boldly vowed to fire SEC Chair Gary Gensler on his first day in office â but according to Evans, this could be a âliteral impossibility.â The official process to remove an SEC chair could drag on for months, even years! âł
On the flip side, Democrats are making moves too. During a recent Crypto4Harris town hall, where industry leaders rallied behind the Democrats, Senate Majority Leader Chuck Schumer hinted that Congress might pass crypto legislation by the end of this year. đïž
While Kamala Harris has yet to clarify her stance on digital assets, itâs worth noting that crypto didnât make the cut in the 92-page agenda released before the Democratic National Convention. đ€
The crypto landscape is heating up, and the upcoming elections could shape the future of digital assets in ways we can't fully predict. Stay tuned and keep your eyes on the market!
#CryptoPolitics #Write2Earn! #TraderRai #BinanceSquareFamily #digitalassets
Tether to launch a stablecoin pegged to the UAE currency.
McDonalds' instagram account gets hacked & posts a crypto rug pull project..
Hacker after hacking, promoted a rugpull coin and after pump hacker sold everything and made $700k..
If you find unusual activity on any big social media accounts then please avoid it..
JUST IN: đșđž Feds face "up to a million" US jobs "vanishing" in potentially the largest downward revision in 15 years, Bloomberg reports.
JUST IN: đșđž Kamala Harris backs President Biden's 44.6% capital gains tax proposal, the highest in history.
The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.
JUST IN: đŠđȘ Tether to launch a stablecoin pegged to the UAE currency.
JUST IN: đșđž US economy added 818,000 fewer jobs in March of this year than initially reported.
JUST IN: đșđž Kamala Harris to back measures to help grow the digital assets industry, Bloomberg reports.
#BinanceHODLerBANANA #BlackRockETHOptions #CryptoMarketMoves #LowestCPI2021 #BTC
Making $5,000 per week in crypto trading is an ambitious goal, but with the right strategies, itâs within reach! đ
1. Scalping: Dive into quick, frequent trades to catch those tiny price movements. Every little bit adds up!
2. Day Trading: Close all your positions by dayâs end to avoid overnight surprises. Keep your risks in check!
3. Swing Trading: Ride the wave for a few days to a week, taking advantage of those sweet medium-term trends.
4. Position Trading: Hold on for the long haul, weathering market storms and reaping the rewards of patience.
5. Leverage: Amplify your gains with margin trading, but remember â higher risk, higher reward!
6. Diversification: Donât put all your eggs in one basket. Trade multiple cryptos to spread your risk.
7. Technical Analysis: Master the charts, patterns, and indicators to make informed moves.
8. Market Sentiment: Keep your finger on the pulse by tracking trends, news, and social buzz.
9. Risk Management: Always set your stop-loss orders, manage position sizes, and stick to a solid risk-reward ratio.
10. Continuous Learning: The crypto world never stops evolving, and neither should you. Keep learning, refining, and adapting!
Hitting that $5,000 weekly target demands discipline, a robust strategy, and constant learning. Remember, crypto trading is risky, and losses can happen, so never trade more than you can afford to lose. Stay smart, stay sharp, and letâs hit those goals together!
If you find this helpful, VOTE for me! đđȘ
#SahmRule #CryptoTradingPrediction #Write2Earn! #TraderRai #BinanceSquareFamily
đšBreaking News: FED Meeting Minutes Released! How Will Bitcoin React?đš
[Vote me and claim your reward](https://app.binance.com/uni-qr/cpro/ShahidaKausar9?l=en&r=864515248&uc=app_square_share_link&us=copylink)
đšđšđšđšđšđšđšđšđšđšđšđšđšđšđšđšđšđš
The crypto world is buzzing as the US Federal Reserve drops its latest FOMC meeting minutes! With Bitcoin (BTC) and altcoin markets closely tied to US economic trends, hereâs what you need to watch:
đKey FED Insights
â Policy Easing Soon?Most participants hinted at easing policy if current trends holdâcould we see a change next meeting?
â Rate Cut in July? Talks of a 25 basis point rate cut are on the table, with inflation progress and rising unemployment in focus.
â Inflation Nearing Target:The 2% inflation target is within reachâgreat for the economy, but how will BTC react?
â Employment vs. Inflation:Rising employment risks vs. decreasing inflation risksâa tightrope walk for the FED!
â Proceed with Caution:Some FED members urge caution, warning that premature cuts could reverse hard-won inflation gains.
Bitcoin Stays Steady! Despite the buzz, BTC hasnât flinched, could the market have already priced in these moves? Or is the real action still ahead?
Stay alert, traders! The next FED move could be a game-changer. Keep an eye on the latest economic data, it might just be the key to your next big trade!
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
Polygon (MATIC) grows amidst new token introduction. What's next?
Polygon (MATIC)Â has been among the top five outliers on the daily and weekly price charts. Since last Friday, MATIC has risen by nearly 20%, while the rest of the market has remained sideways.Â
Thatâs not all though as in what is now a new update, Polygon will change its native token from âMATICâ to âPOLâ on 4 September. The exchange ratio will be 1:1 for MATIC to POL. According to the Polygon team, the transition aims to make POL the gas and staking token for the ecosystem. It could be expanded to cater to Polygonâs aggregation platform (AggLayer).Â
On the daily chart, MATIC was bullish as it mounted above the $0.42-level. Since 16 August (last Friday), MATIC has embarked on an extended recovery that netted almost 20% gains, at the time of writing. This reversed most of its August losses. Â
MATIC was trading at $0.47, at press time, and had to clear two key resistance levels to hit the supply area at $0.55. The immediate hurdles were at $0.49 and $0.51. Given the massive buying pressure shown by the RSI (Relative Strength Index) cruising above its average level, these targets could be hit.Â
At the same time, the Stochastic RSI was overheated as it was in the overbought territory. Hence, a cool-off couldnât be overruled for MATICâs rally. Also, the $0.46 and $0.42 levels were key short-term supports to consider if the rally cooled off.Â
So, MATICâs extended recovery could face headwinds at $0.51 or $0.55, key resistance levels which could attract sell pressure.Â
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #MATICâ
$MATIC
Ethereum ($ETH /USDT) Technical Analysis: Analyzing the Key Indicators Behind a 1.92% Surge*
The Ethereum (ETH/USDT) chart shows a solid upward movement with a 1.92% price increase, currently trading at $2,637.19. This surge follows a significant dip to $2,515.71, showcasing strong support at this level.
**Key Indicators:
- **Bollinger Bands: The price has breached the mid-Bollinger Band and is approaching the upper band, signaling potential bullish momentum. However, the bands are widening, indicating increased volatility.
- **Moving Averages (MA): The 5-day MA (4,737.5596) is crossing above the 10-day MA (6,770.0546), which can be a bullish crossover, suggesting further upward potential.
- **MACD: The MACD line (0.84) is above the signal line (6.74), another bullish signal that hints at continued upward momentum.
- **RSI: The RSI is at 56.57, moving away from overbought conditions but still showing strength. A further rise in RSI could confirm the bullish trend.
**Volume Analysis: The trading volume at 3.41M shows strong participation, confirming the validity of the recent price action.
**Conclusion: Ethereum is exhibiting strong bullish signals, with potential resistance around $2,696.31. The indicators suggest that the current momentum might continue, making it an exciting watch for traders.