In the volatile world of cryptocurrency trading, #NEAR/USDT has recently found a lifeline in the form of trend line support. As it bounces from this crucial level, investors are closely watching its next moves. The chart suggests two possible scenarios: a retest at $7.43 or a potential climb towards $7.80. The current bounce from trend line support underscores...
In the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of...
Litecoin Price bottomed out after retracing multi month low value and reclaimed $80 level. The increased active addresses and OI data validates the possibility of further growth. Litecoin encountered a strong support near the multi month low value and jumped higher after retracing the level of $77. The bulls have reclaimed the $80 level however, further gains...
ROSE crypto was trading close to $0.138 registering a negative intraday development of 2.4%. The daily chart illustrates the formation of a rising parallel channel pattern. The ROSE crypto remains depressed below the recent supply of $0.154 as traders lack directional impetus on Friday. The price hovers below the 20 day exponential moving average and is...
Gemini Conversazione con Gemini immagine del profilo Short Fondamental, recent news and desclaimer BTT coin in english usa Mostra bozze BitTorrent Token (BTT) - Fundamentals and Recent News (as of March 23, 2024) Fundamentals: BTT is the native cryptocurrency of BitTorrent, a popular decentralized file-sharing protocol. BTT is a TRC-20 utility token,...
KDA Coin: Short Fundamentals, Recent News, and Disclaimer Fundamentals: Kadena (KDA): A blockchain platform focused on scalability and energy efficiency. Launched: November 2018. Market Cap: ~$1.3 billion (as of Feb 23, 2024). Rank: #72 on CoinGecko. Unique Features: Scalable Proof-of-Work (PoW): Chains Kadena uses a unique PoW mechanism to achieve high...
Mina Coin (MINA): Short Fundamentals, Recent News, and Disclaimer Fundamentals: Privacy-focused blockchain: Mina utilizes zk-SNARKs (Zero-Knowledge Succinct Non-Recursive Arguments) to create a lightweight blockchain. Small blockchain size: Unlike traditional blockchains that grow constantly, Mina's chain size remains constant regardless of transactions...
Enjin Coin (ENJ): Short Fundamentals, Recent News, and Disclaimer Fundamentals: Enjin (ENJ): A cryptocurrency used on the Enjin platform for creating and managing virtual goods within video games and other blockchain applications. Launched: June 2018. Market Cap: ~$2.4 billion (as of Feb 23, 2024). Rank: #32 on CoinGecko. Unique Features: NFT creation tools:...
Kishu Inu (KISHU) Coin: Short Fundamentals, Recent News, and Disclaimer Fundamentals: Meme coin: Kishu Inu is a meme coin inspired by the Shiba Inu dog breed, similar to Dogecoin and Shiba Inu (SHIB). Meme coins often gain popularity through social media hype and celebrity endorsements, but lack the underlying utility or technology of established...
Technical Analysis: Technical analysis involves studying historical price and volume data to identify patterns and trends in order to make predictions about future price movements. It can be applied to AIUSDT, which represents the trading pair of AI (a cryptocurrency) and USDT (Tether, a stablecoin). Some common technical analysis tools used for cryptocurrencies...
📈 Technical analysis BTC/USDT The price of Bitcoin continues to move within the ascending parallel price channel. After an unsuccessful retest of the 38000 level, the price returned to its lower boundary, where we are currently awaiting a retest. Thus, a new price range of 35000 - 38000 has formed. For BTC to continue its upward movement, it needs to surpass...
📈 Technical analysis BTC/USDT As we mentioned in the previous review, Bitcoin's chart now reflects expectations of BlackRock's spot Bitcoin ETF approval. Another reason for the current rise was the news of the SEC withdrawing its lawsuit against Ripple (XRP). Following our scenario, after consolidating BTC above the $28,000 level, it has predictably reached a...
In the ever-dynamic realm of cryptocurrency, AVAX, the native token of the Avalanche platform, invites our attention with its compelling market structure and potential growth trajectory. Priced at $9.87, an evaluation of its current technical and fundamental aspects illuminates promising avenues for strategic investments. 📈 Let’s delve into an insightful...
The price of Bitcoin has entered the 4-hour Imbalance zone, as we warned in all our recent ideas. Consequently, the price has broken above the global descending trendline and moved out of the previous price range. This BTC rally is associated with a significant accumulation of short positions, with the total volume of shorts reaching up to 85% compared to longs....
SOL/USDT:- Anticipating a Bearish Swing for Long-Term Buying Opportunity Introduction: In this SOL/USDT technical analysis, we'll delve into the current market conditions, potential price movements, and identify an attractive long-term buying opportunity within the cryptocurrency pair. Liquidity Swipe Area: Our analysis suggests that SOL/USDT may experience a...
A bearish view on AVXUSDT (Aave Token/Tether) suggests that the price of Aave Token is expected to decline against Tether or the US dollar. Here are some possible reasons for a bearish outlook: Market Sentiment: If there is a general pessimism or negative sentiment in the cryptocurrency market, it could impact the price of AVXUSDT. Factors such as market...
A bearish view on ETHUSDT (Ethereum/Tether) suggests that the price of Ethereum is expected to decline against Tether or the US dollar. Here are some possible reasons for a bearish outlook: Market Sentiment: If there is a general pessimism or negative sentiment in the cryptocurrency market, it could impact the price of ETHUSDT. Factors such as regulatory...
Bitcoin's Price Movement: Understanding the Phases and Trends Bitcoin, the world's leading cryptocurrency, has had its fair share of price fluctuations over the years. To understand its price movement, traders and investors use a methodology called the Wyckoff method. This method helps to identify different phases and trends that Bitcoin goes through during its...