LIVERafi__khan2017
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i am crypto currency lover and my journey 2017
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Cardano Price Prediction: Cardano (ADA) has been experiencing a corrective phase for the past three weeks, largely influenced by broader market uncertainty, particularly around the Bitcoin ETF launch. From a recent high of $0.677, ADA price has fallen almost 30%, currently trading around $0.497. Despite this bearishness, there is a silver lining: a bullish reversal pattern is forming in the token. This suggests a potential opportunity for buyers to reignite the currency's recovery trend.
$0.49786318 trading now
Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.
This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.
With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.
A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.
Suggested Essays
Is the ADA worth vulnerable to other amendments?
The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
$0.49786318 trading now
Over the past seven months, Cardano price movements have largely stagnated, consistently struggling to stay above the $0.7 threshold. This prolonged sideways trend gradually transformed into a bullish 'cup and handle' pattern.
This pattern is often seen as a precursor to an asset price bottoming out, followed by a sustained recovery. Currently, the ADA is in the process of forming a 'handle', a minor correction phase that typically gathers bullish momentum for a breakout above key resistance levels.
With buying pressure building near the $0.46 support level, ADA's price is likely to rise 35%, challenging the neckline resistance at $0.677.
A decisive breakout above this level could be an early indicator of a reversal, possibly sending the price up another 66% to a target of $1.135.
Suggested Essays
Is the ADA worth vulnerable to other amendments?
The daily time frame chart for ADA shows a long-tail rejection candle at the $0.46 support level, indicating continued buyer interest during the bearish price. This support level, reinforced by the 50% Fibonacci retracement level and the 100-day exponential moving average (EMA), forms a strong demand zone, setting the stage for a bullish reversal. However, if buyers fail to maintain this key area, it could indicate strong selling pressure, leading to a possible extended decline and invalidating the bullish pattern.
#BTC
#ADAUpdate
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Yi He
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If we disagree, you're probably right.
1. Is the cryptocurrency world going to end?
Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
Indonesian cryptocurrency exchange Indodax has reportedly fallen victim to a security breach, resulting in significant losses of approximately $20.5 million. According to blockchain security firm SpotonChain, the exchange experienced large outflows of cryptocurrency from its platform.
Another security group, Cyvers Alerts, flagged suspicious transactions linked to Indodaxâs wallets across multiple networks. Cyvers identified that around $14.4 million had already been moved to suspicious addresses, with tokens being swapped into Ether (ETH).
PeckShield reported that 5,204 ETH was being held on Ethereum, along with 6.8 million POL on the Polygon network, and 380 ETH on Optimism. Following the breach, Indodax released a statement on X, stating that their security team was investigating the issue and conducting full maintenance to ensure platform stability. As a result, both the Indodax web and mobile applications were temporarily taken offline.
ïżŒÂ Source: Twitter
Further reports suggest the hacker has managed to swap most of the stolen assets and now holds 5,584 ETH worth $13 million, 6.84 million POL worth $2.56 million, 16.7 million TRX valued at $2.55 million, and 25 BTC worth $1.41 million.
Indodax, Indonesiaâs largest crypto exchange, has not officially commented on the hack. The exchange, which serves a growing user base of over 28.5 million as of 2024, recently listed Islamic coins and other cryptos. Despite the security breach, Indodax recorded a 24-hour trading volume of $11.5 million, with Ethereum transactions accounting for $415,518 of that volume.
#matic #PoolzFinance
Another security group, Cyvers Alerts, flagged suspicious transactions linked to Indodaxâs wallets across multiple networks. Cyvers identified that around $14.4 million had already been moved to suspicious addresses, with tokens being swapped into Ether (ETH).
PeckShield reported that 5,204 ETH was being held on Ethereum, along with 6.8 million POL on the Polygon network, and 380 ETH on Optimism. Following the breach, Indodax released a statement on X, stating that their security team was investigating the issue and conducting full maintenance to ensure platform stability. As a result, both the Indodax web and mobile applications were temporarily taken offline.
ïżŒÂ Source: Twitter
Further reports suggest the hacker has managed to swap most of the stolen assets and now holds 5,584 ETH worth $13 million, 6.84 million POL worth $2.56 million, 16.7 million TRX valued at $2.55 million, and 25 BTC worth $1.41 million.
Indodax, Indonesiaâs largest crypto exchange, has not officially commented on the hack. The exchange, which serves a growing user base of over 28.5 million as of 2024, recently listed Islamic coins and other cryptos. Despite the security breach, Indodax recorded a 24-hour trading volume of $11.5 million, with Ethereum transactions accounting for $415,518 of that volume.
#matic #PoolzFinance
OTC Bitcoin Wallets Swell Amid Low Volatility: 57,000 BTC Added In A Month â Details
Over the last month, the price of Bitcoin has been subject to much turbulence, culminating in a total loss of 3.09% according to data from CoinMarketCap. Notably, despite intermittent waves of a price rally, The crypto market leader failed to reclaim the $65,000 price zone in all of August. However, amidst this bearish market, institutional investors have taken the opportunity to strengthen their position in the Bitcoin market.
$BTC
$BNB
$SOL
Over the last month, the price of Bitcoin has been subject to much turbulence, culminating in a total loss of 3.09% according to data from CoinMarketCap. Notably, despite intermittent waves of a price rally, The crypto market leader failed to reclaim the $65,000 price zone in all of August. However, amidst this bearish market, institutional investors have taken the opportunity to strengthen their position in the Bitcoin market.
$BTC
$BNB
$SOL
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Binance Square Official
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Like and Win: Binance India Community, Welcome to Square!
Dear Binance India Community, welcome to Binance Square!
To show our excitement at you being with us, we are launching a âLike and Winâ campaign thatâs available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility:Â
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing usersâ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsBinance Square Creator Academy
Terms and Conditions:
The campaign is open only to users with India KYC.Rewards are capped at $1 per participant.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
To show our excitement at you being with us, we are launching a âLike and Winâ campaign thatâs available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility:Â
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing usersâ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsBinance Square Creator Academy
Terms and Conditions:
The campaign is open only to users with India KYC.Rewards are capped at $1 per participant.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
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Like and Win: Binance India Community, Welcome to Square!
Dear Binance India Community, welcome to Binance Square!
To show our excitement at you being with us, we are launching a âLike and Winâ campaign thatâs available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility:Â
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing usersâ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsBinance Square Creator Academy
Terms and Conditions:
The campaign is open only to users with India KYC.Rewards are capped at $1 per participant.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
To show our excitement at you being with us, we are launching a âLike and Winâ campaign thatâs available just for you. Simply like at least one piece of content each day for 7 consecutive days during the campaign period and get a chunk of our prize pool of $5,000 in BNB token vouchers.
Campaign Period: 2024-08-16 11:00 to 2024-08-26 23:59 (UTC)
How to Participate:
Like at least one piece of content on Binance Square each day for 7 consecutive days during the campaign period.
Eligibility:Â
This campaign is open only to users with India KYC.
Rewards:
All eligible participants will share a $5,000 in BNB reward pool, with rewards capped at $1 per participant.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing usersâ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsBinance Square Creator Academy
Terms and Conditions:
The campaign is open only to users with India KYC.Rewards are capped at $1 per participant.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
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A bullish falling wedge pattern appeared on Dogecoinâs chart, and a breakout could allow it to retest its April highs.Â
Both Dogecoinâs weekly and daily charts were painted green.Â
Whales were dominant in the market, but a key indicator turned bearish.Â
As the market turned bullish, several cryptos showed commendable performance, and Dogecoin [DOGE] was one of them. In the meantime, AMBCrypto found a bullish pattern on the memecoinâs chart, which could soon result in yet another bull rally.Â
Dogecoinâs promising performanceÂ
CoinMarketCapâs data revealed that DOGE was among the handful of cryptos that managed to pain their weekly charts green as DOGE was up by over 2%. Things got even better in the past 24 hours as the worldâs largest memecoinâs price surged by over 5%.
At the time of writing, DOGE was trading at $0.1096 with a market capitalization of more than $15.9 billion.
Thanks to the memecoinâs bull rally last week, its weighted sentiment remained in the positive zone for the majority of the days.
This meant that bullish sentiment around Dogecoin was dominant. Its social volume also remained relatively high last week, reflecting its popularity in the crypto space.Â
While DOGEâs price gained upward momentum, AMBCrypto found a bullish falling wedge pattern on its chart. The pattern emerged in April, and since then DOGEâs price has been consolidating inside it.
In case of a bullish breakout, DOGE might retouch its April high in the coming weeks
$XRP $BTC
Â
Â
A bullish falling wedge pattern appeared on Dogecoinâs chart, and a breakout could allow it to retest its April highs.Â
Both Dogecoinâs weekly and daily charts were painted green.Â
Whales were dominant in the market, but a key indicator turned bearish.Â
As the market turned bullish, several cryptos showed commendable performance, and Dogecoin [DOGE] was one of them. In the meantime, AMBCrypto found a bullish pattern on the memecoinâs chart, which could soon result in yet another bull rally.Â
Dogecoinâs promising performanceÂ
CoinMarketCapâs data revealed that DOGE was among the handful of cryptos that managed to pain their weekly charts green as DOGE was up by over 2%. Things got even better in the past 24 hours as the worldâs largest memecoinâs price surged by over 5%.
At the time of writing, DOGE was trading at $0.1096 with a market capitalization of more than $15.9 billion.
Thanks to the memecoinâs bull rally last week, its weighted sentiment remained in the positive zone for the majority of the days.
This meant that bullish sentiment around Dogecoin was dominant. Its social volume also remained relatively high last week, reflecting its popularity in the crypto space.Â
While DOGEâs price gained upward momentum, AMBCrypto found a bullish falling wedge pattern on its chart. The pattern emerged in April, and since then DOGEâs price has been consolidating inside it.
In case of a bullish breakout, DOGE might retouch its April high in the coming weeks
$XRP $BTC
Binance Recovers $73 Million In Stolen Crypto Funds, Surpasses $55M Recovered In 2023
Binanceâs security team has recovered or frozen over
$73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. The crypto exchange noted that the vast majority of these recoveries and freezes i.e. approximately 80% are related to hacks, exploits, and thefts happening externally. The remaining 20% are associated with scams taking place outside the Binance platform. Binanceâs Chief Security Officer highlighted the companyâs commitment to user protection and improving the security of the crypto ecosystem, leveraging blockchain technology to track and recover stolen funds.
$SOL
Binanceâs security team has recovered or frozen over
$73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. The crypto exchange noted that the vast majority of these recoveries and freezes i.e. approximately 80% are related to hacks, exploits, and thefts happening externally. The remaining 20% are associated with scams taking place outside the Binance platform. Binanceâs Chief Security Officer highlighted the companyâs commitment to user protection and improving the security of the crypto ecosystem, leveraging blockchain technology to track and recover stolen funds.
$SOL
In Case You Missed It: The World's Biggest Oil Company Saudi aramco Generated $56B In Profits More Than NVIDIA, Meta & Tesla Combined
While investors wait Patiently for any significant Al Profits from the Magnificient 7 and other Players, the Middle Eastern oil juggernaut keeps on Printing cash.
aramco will also Pay a tasty $31B in dividends this quarter ($124B this year) to shareholders.
A major recipient is the Saudi government, which is using the oil Profits to finance their ambitious Vision 2030.
To Put this into Perspective, aramco generated more Profits than Nvidia, Meta & Tesla combined.
Also more than Al giants Microsoft & APPle.
Turns out People still need oil, who knew?
Money Printer.
While investors wait Patiently for any significant Al Profits from the Magnificient 7 and other Players, the Middle Eastern oil juggernaut keeps on Printing cash.
aramco will also Pay a tasty $31B in dividends this quarter ($124B this year) to shareholders.
A major recipient is the Saudi government, which is using the oil Profits to finance their ambitious Vision 2030.
To Put this into Perspective, aramco generated more Profits than Nvidia, Meta & Tesla combined.
Also more than Al giants Microsoft & APPle.
Turns out People still need oil, who knew?
Money Printer.
LIVEBinance Square Official
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Post about #MarketDownturn to win up to 1000 USDC!
Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together!
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)
To Participate:Â
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)
To Participate:Â
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Join our exciting REVOX airdrop campaign with Binance Web3 Wallet! Use my invite code ZDK11B to earn REVOX $RGT AIRDROP! Find REVOX campaign on Binance Web3 Wallet.
#REVOX #binanceweb3 @ReadOnMe3 https://revox.readon.me/
#REVOX #binanceweb3 @ReadOnMe3 https://revox.readon.me/
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$LISTA
$LISTA
LIVEListaDAO
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đ Dive into our Binance Square Giveaway! đ
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HomeCrypto NewsMarketXRP Bollinger Bands Tighten to Historic Levels, Mirroring Prior 60,000% Price Spike
XRP Bollinger Bands Tighten to Historic Levels, Mirroring Prior 60,000% Price Spike
XRP Bollinger Bands recorded one of the tightest monthly squeezes in the assetâs history, which previously resulted in a 60,000% price rally.The Great Mattsby (TGM), a seasoned technical analyst, called the investing publicâs attention to this pattern in a recent analysis. Notably, the disclosure comes at a time when sentiments around XRP are generally down amid a persistent market downtrend.XRP has followed the broader marketâs bearish trajectory, having collapsed 40% from its yearly top of $0.7440. This downturn was triggered by Bitcoinâs (BTC) crash amid sustained selling pressure by the German government and Mt. Gox. Despite a mild recovery this week, the momentum remains bearish.- Advertisement -XRP Bollinger Bands Tighten Amid ConsolidationAs bearish forces clash with a renewal of bullish pressure, the XRP market has slipped into a consolidation phase. TGM confirms that this occurrence has resulted in the tightening of the Bollinger Bands on the monthly timeframe.For the uninitiated, the Bollinger Bands tighten when the bands narrow, indicating low volatility in the market. This typically happens during periods of consolidation, where price movement is minimal. Santiment data indicates that XRPâs 1-day volatility has dropped to 0.00572 following a spike observed on July 5.
This tightening of the Bollinger Bands often precedes a significant price movement or breakout. The price explosion occurs as the market shifts from consolidation to a more active phase. Interestingly, the tighter the Bollinger Bands squeeze, the more explosive the market could get.
$XRP
XRP Bollinger Bands Tighten to Historic Levels, Mirroring Prior 60,000% Price Spike
XRP Bollinger Bands recorded one of the tightest monthly squeezes in the assetâs history, which previously resulted in a 60,000% price rally.The Great Mattsby (TGM), a seasoned technical analyst, called the investing publicâs attention to this pattern in a recent analysis. Notably, the disclosure comes at a time when sentiments around XRP are generally down amid a persistent market downtrend.XRP has followed the broader marketâs bearish trajectory, having collapsed 40% from its yearly top of $0.7440. This downturn was triggered by Bitcoinâs (BTC) crash amid sustained selling pressure by the German government and Mt. Gox. Despite a mild recovery this week, the momentum remains bearish.- Advertisement -XRP Bollinger Bands Tighten Amid ConsolidationAs bearish forces clash with a renewal of bullish pressure, the XRP market has slipped into a consolidation phase. TGM confirms that this occurrence has resulted in the tightening of the Bollinger Bands on the monthly timeframe.For the uninitiated, the Bollinger Bands tighten when the bands narrow, indicating low volatility in the market. This typically happens during periods of consolidation, where price movement is minimal. Santiment data indicates that XRPâs 1-day volatility has dropped to 0.00572 following a spike observed on July 5.
This tightening of the Bollinger Bands often precedes a significant price movement or breakout. The price explosion occurs as the market shifts from consolidation to a more active phase. Interestingly, the tighter the Bollinger Bands squeeze, the more explosive the market could get.
$XRP
COINTURK NEWSÂ >Â Bitcoin (BTC)Â >Â Bitcoin Faces Pressure from Large Sell-Offs by Mt. Gox and German AuthoritiesBITCOIN (BTC)Bitcoin Faces Pressure from Large Sell-Offs by Mt. Gox and German AuthoritiesIn BriefBitcoin is under pressure due to significant sell-offs.Key resistance levels are $58,500 and $64,000.Potential scenarios depend on breaking resistance or falling below support.
Bitcoin (BTC) is currently under significant pressure due to large sell-offs. Mt. Gox exchange and German authorities are rapidly liquidating substantial Bitcoin holdings. This situation affects market dynamics, causing price fluctuations. Germany plans to quickly liquidate its Bitcoin holdings. Recently, 16,038 BTC were transferred from government wallets to various crypto exchanges and market makers. Since June 19, a total of 26,071 BTC have been sold, leaving only 23,788 BTC in their wallets. Despite these challenges, there are critical support levels to consider.
Contents
Levels to Watch in BitcoinPotential Scenarios and Strategies for BTC
Levels to Watch in Bitcoin
In an article published on TradingView on July 9, analyst RLinda analyzed Bitcoinâs technical indicators and price movements. Technically, RLinda identified a flag formation in the Bitcoin market, indicating a potential upward breakout. This formation, combined with high fear and negative sentiment, suggests a possible end to the bearish phase and the beginning of bullish momentum. Access NEWSLINKER to get the latest technology news.
The price is currently ranging between $58,500 and $53,500, indicating a consolidation period. Key resistance levels are identified at $58,500 and $64,000, while support levels are seen at $53,500 and $53,000. The growth in trading volumes and price stability around the lower boundary of the flag formation indicate strong buying interest. Buyers are creating a horizontal range between $58,500 and $53,500, preventing a potential decline.
#Ton_Coin_Surge #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #BTCâ
Bitcoin (BTC) is currently under significant pressure due to large sell-offs. Mt. Gox exchange and German authorities are rapidly liquidating substantial Bitcoin holdings. This situation affects market dynamics, causing price fluctuations. Germany plans to quickly liquidate its Bitcoin holdings. Recently, 16,038 BTC were transferred from government wallets to various crypto exchanges and market makers. Since June 19, a total of 26,071 BTC have been sold, leaving only 23,788 BTC in their wallets. Despite these challenges, there are critical support levels to consider.
Contents
Levels to Watch in BitcoinPotential Scenarios and Strategies for BTC
Levels to Watch in Bitcoin
In an article published on TradingView on July 9, analyst RLinda analyzed Bitcoinâs technical indicators and price movements. Technically, RLinda identified a flag formation in the Bitcoin market, indicating a potential upward breakout. This formation, combined with high fear and negative sentiment, suggests a possible end to the bearish phase and the beginning of bullish momentum. Access NEWSLINKER to get the latest technology news.
The price is currently ranging between $58,500 and $53,500, indicating a consolidation period. Key resistance levels are identified at $58,500 and $64,000, while support levels are seen at $53,500 and $53,000. The growth in trading volumes and price stability around the lower boundary of the flag formation indicate strong buying interest. Buyers are creating a horizontal range between $58,500 and $53,500, preventing a potential decline.
#Ton_Coin_Surge #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #BTCâ
On July 8, the majority of altcoins were seen in the red, including BRETT, PEPE, WIF, which fell over 10% as Bitcoin, the worldâs largest cryptocurrency, dropped 4% in the past day.
At the time of writing, BRETT, the meme coin inspired by a character from the âBoyâs Clubâ comic, was still down 8% in the last 24 hours and 30% in the last 7 days. Over the last day, the crypto assetâs trading volume was hovering around $49.1 million. Moreover, the meme coinâs market cap has also fallen to $1.12 billion, bringing it down to the 62nd largest cryptocurrency per CoinMarketCap (CMC).
Ethereum-based meme coin PEPE topped as the biggest loser on Monday morning, with a drop of 12% over the past day. Over the last week, the meme coin has also dropped by a major 30%. At press time, the meme coin inspired by the famous green frog meme had a daily trading volume of $768 million, while its market cap had fallen to $3.47 billion and now ranks as 24th among the top 100 largest cryptocurrencies.
PEPE 24-hour price chart | Source: CoinMarketCap
Meanwhile, Solana-based meme coin WIF was still down 11% over the last day, exchanging hands at $1.66 at the time of publication. Over the past week, the token also precipitated under 27%. Meanwhile, the dog-themed meme coin wearing a knitted pink hat has experienced a 14% rise in its daily trading volume, hovering around $468 million. Its market cap had fallen to $1.6 billion.WIF 24-hour price chart | Source: CoinMarketCap
#pepe⥠#BRETT #WIF_Usdt
At the time of writing, BRETT, the meme coin inspired by a character from the âBoyâs Clubâ comic, was still down 8% in the last 24 hours and 30% in the last 7 days. Over the last day, the crypto assetâs trading volume was hovering around $49.1 million. Moreover, the meme coinâs market cap has also fallen to $1.12 billion, bringing it down to the 62nd largest cryptocurrency per CoinMarketCap (CMC).
Ethereum-based meme coin PEPE topped as the biggest loser on Monday morning, with a drop of 12% over the past day. Over the last week, the meme coin has also dropped by a major 30%. At press time, the meme coin inspired by the famous green frog meme had a daily trading volume of $768 million, while its market cap had fallen to $3.47 billion and now ranks as 24th among the top 100 largest cryptocurrencies.
PEPE 24-hour price chart | Source: CoinMarketCap
Meanwhile, Solana-based meme coin WIF was still down 11% over the last day, exchanging hands at $1.66 at the time of publication. Over the past week, the token also precipitated under 27%. Meanwhile, the dog-themed meme coin wearing a knitted pink hat has experienced a 14% rise in its daily trading volume, hovering around $468 million. Its market cap had fallen to $1.6 billion.WIF 24-hour price chart | Source: CoinMarketCap
#pepe⥠#BRETT #WIF_Usdt
HomeCrypto News Market Analyst Says A Final Shiba Inu Drop Before 131% Rise to $0.00003
Analyst says a final Shiba Inu drop before a 131% rise to $0.00003
Date:
July 6, 2024
The widely followed market watcher at TradingView is suggesting that the Shiba Inu could experience a final drop before a huge rebound that could take it back to $0.00003.
Today, Shiba Inu is down more than 14%, trading at $0.00001323 at press time. This massive price drop follows Bitcoin's recent retracement to the $53K range earlier today, which has started a bloodbath in the crypto scene.Â
Being a meme coin with high volatility, Shiba Inu was the main victim of the market-wide dump. This latest result is part of the bearish momentum in the crypto market since June. Trading at $0.00001323, Shiba Inu has lost 49.5% in the last 30 days.
Notably, some market watchers expected this dip to emerge. As the predictions came to fruition, they became more certain that a comeback was underway for the Shiba Inu. Alan Santana, analyst at TradingView, is one such market watcher.Â
A final shiba inu drop before the bull party
In a previous update, Santana suggested that the Shiba Inu will witness one final big price drop before a bullish party takes the stage. He first highlighted Shiba Inu's extraordinary performance earlier this year, noting that when considering the bullish wave on an annual scale, the asset has increased by 720%.
Accordingly, analysts emphasize that Shiba Inu's current weak performance is a simple correction following its past strong performance. He expects another significant price drop, which he believes will lead to a short-term bounce and a second drop.
According to him, this second drop will be final before a sustained period of significant growth.Â
Is the final drop already there?
Shiba Inu traded at around $0.0000172 during the update on Wednesday. The next day, SHIB fell 18% to $0.0000146. Meanwhile, as of today, Shiba Inu has hit a new low of $0.00001294, a 12% drop from the previous low.
#Shibusdt #US_Job_Market_Slowdown
Analyst says a final Shiba Inu drop before a 131% rise to $0.00003
Date:
July 6, 2024
The widely followed market watcher at TradingView is suggesting that the Shiba Inu could experience a final drop before a huge rebound that could take it back to $0.00003.
Today, Shiba Inu is down more than 14%, trading at $0.00001323 at press time. This massive price drop follows Bitcoin's recent retracement to the $53K range earlier today, which has started a bloodbath in the crypto scene.Â
Being a meme coin with high volatility, Shiba Inu was the main victim of the market-wide dump. This latest result is part of the bearish momentum in the crypto market since June. Trading at $0.00001323, Shiba Inu has lost 49.5% in the last 30 days.
Notably, some market watchers expected this dip to emerge. As the predictions came to fruition, they became more certain that a comeback was underway for the Shiba Inu. Alan Santana, analyst at TradingView, is one such market watcher.Â
A final shiba inu drop before the bull party
In a previous update, Santana suggested that the Shiba Inu will witness one final big price drop before a bullish party takes the stage. He first highlighted Shiba Inu's extraordinary performance earlier this year, noting that when considering the bullish wave on an annual scale, the asset has increased by 720%.
Accordingly, analysts emphasize that Shiba Inu's current weak performance is a simple correction following its past strong performance. He expects another significant price drop, which he believes will lead to a short-term bounce and a second drop.
According to him, this second drop will be final before a sustained period of significant growth.Â
Is the final drop already there?
Shiba Inu traded at around $0.0000172 during the update on Wednesday. The next day, SHIB fell 18% to $0.0000146. Meanwhile, as of today, Shiba Inu has hit a new low of $0.00001294, a 12% drop from the previous low.
#Shibusdt #US_Job_Market_Slowdown
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CurveDAO (CRV) Nears All-Time Low Following Whale Deposit to Binance: On-Chain Data
Alex Richardson
Â
June 30, 2024
ïżŒ
CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month.
Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss.
âThe 22 million CRV was bought after the CRV liquidation, with a buying price of ~$0.33.
Selling now will result in a loss of ~$1 million.â
ïżŒSource: Lookonchain/X
On June 13th, Curve founder Michael Egorov announced that all of his loans, reportedly worth roughly $156 million, were liquidated. He also said that he sold millions of CRV tokens in an organized transaction to one of the partners of crypto asset investment firm NextGen Digital Venture.
âThe amount of CRV liquidations was very large for the market to handle in half an hour (1/3 of circulating supply or so), so to prevent any bad debt, I sold 30 million of my not yet vested CRV to @Christianeth on June 13th . Those 30 million CRV are being received by him in chunks by mid-August.
If you see CRV transactions from my wallet to christian2022.eth, they are related to that dealâŠâ
On the same day of Egorovâs liquidation, CRV dropped to an all-time low of $0.239. Currently, CRV is trading at $0.28 and is now 98.3% down from its all-time high of $15.37.
#DAO
Alex Richardson
Â
June 30, 2024
ïżŒ
CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month.
Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss.
âThe 22 million CRV was bought after the CRV liquidation, with a buying price of ~$0.33.
Selling now will result in a loss of ~$1 million.â
ïżŒSource: Lookonchain/X
On June 13th, Curve founder Michael Egorov announced that all of his loans, reportedly worth roughly $156 million, were liquidated. He also said that he sold millions of CRV tokens in an organized transaction to one of the partners of crypto asset investment firm NextGen Digital Venture.
âThe amount of CRV liquidations was very large for the market to handle in half an hour (1/3 of circulating supply or so), so to prevent any bad debt, I sold 30 million of my not yet vested CRV to @Christianeth on June 13th . Those 30 million CRV are being received by him in chunks by mid-August.
If you see CRV transactions from my wallet to christian2022.eth, they are related to that dealâŠâ
On the same day of Egorovâs liquidation, CRV dropped to an all-time low of $0.239. Currently, CRV is trading at $0.28 and is now 98.3% down from its all-time high of $15.37.
#DAO
