Crypto VIP Signal

13 Jul 2024 08:39

Bitcoin is respecting the uptrend support line. Price is moving up slowly and we may see a test of the resistance area. Let's see how the price reacts there.

Crypto VIP Signal

12 Jul 2024 20:38

EOS analysis:

Price is currently retesting the zone after a breakdown. Let's see if the price can reclaim above this level or not. This is a no-trade zone, and waiting some time for new entries is better.

Resistance Area: $0.52-$0.54

Crypto VIP Signal

12 Jul 2024 13:18

ETH has held the support area and bounced from it. This is a good sign, and we hope you have accumulated some ETH at the support area. If BTC remains stable, we expect the upward movement in ETH to continue.

Crypto VIP Signal

11 Jul 2024 20:49

ZIL analysis:

Price is currently testing the major support area on the daily chart. This area presents an opportunity for new entries, and we may anticipate a bounce from this level. Consider opening a long position at the support area for the mid-term.

Support Area: $0.0146-$0.016

Resistance Area: $0.0213-$0.0227

Crypto VIP Signal

11 Jul 2024 14:23

NEAR analysis:

Price tested the support and bounced from there. You can open long positions if the price drops to the support area again.

Support Area: $4.00-$4.50

Resistance Area: $5.50-$5.85

Crypto VIP Signal

11 Jul 2024 09:17

Bitcoin is currently trading sideways, with the possibility of retesting the resistance area. We'll have to wait and see if the price can surpass $60,000 in the upcoming days.

Crypto VIP Signal

10 Jul 2024 15:01

AVAX analysis:

Price is currently trading in a downtrend channel and is approaching the resistance trendline. A break of the downtrend channel would be considered bullish, and a long position can be opened after confirmation.

Resistance Area: $27.30-$27.70

Support Area: $24.10-$24.80

Crypto VIP Signal

10 Jul 2024 08:10

Bitcoin is displaying strength and has tested the resistance area. Let's see if the price is able to break above the resistance area. A break above $60,000 is bullish. The market is not currently reacting to the German Government's BTC movements.

Crypto VIP Signal

09 Jul 2024 20:10

GALA Moved nearly 10% in favor after the dropping back to the support as per the call. Also, price forming the Triangle pattern and looks like on a verge to breakout. Price still giving unclear sentiment, so eyes on breakout of the pattern now and trail stops too.

Crypto VIP Signal

09 Jul 2024 15:11

The heatmap indicates high liquidity above the $58,000 level, suggesting a potential movement towards this point to access the liquidity. Keep a close watch on the liquidation data.

Crypto VIP Signal

09 Jul 2024 09:12

Bitcoin is trading sideways and we may see similar movement for the next couple of days. The market appears to have absorbed the selling pressure and is forming a new structure. The major resistance level is in the $59,500 - $60,000 range.

Crypto VIP Signal

08 Jul 2024 17:45

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Crypto VIP Signal

08 Jul 2024 11:33

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Crypto VIP Signal

07 Jul 2024 21:26

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Crypto VIP Signal

07 Jul 2024 16:42

Educational Post

What Is Danksharding?

Derived from the name of Ethereum researcher Dankrad Feist, danksharding introduces a transformative approach to sharding technology. Sharding involves breaking down a blockchain database into smaller, more manageable parts for increased efficiency. Unlike conventional sharding methods, danksharding simplifies the architecture, focusing on a merged market fee concept.

In traditional sharding, each shard has distinct blocks and block proposers. Danksharding streamlines this by having a single block proposer, enhancing transaction processing and data storage efficiency. This innovation addresses the blockchain trilemma by prioritizing security, decentralization, and scalability.

Key Features of Danksharding

1. Merged market fee: Danksharding introduces a unified market fee, streamlining the transaction process by minimizing complexities associated with having multiple block proposers.

2. Optimized data availability: The primary focus of danksharding is to enhance data availability for rollups, a Layer 2 scaling solution on Ethereum. By efficiently managing data, Danksharding significantly improves the network's performance.

3. Simplified sharding architecture: Danksharding simplifies the sharding structure, making it more straightforward and efficient. This approach addresses the challenges posed by the traditional trilemma, fostering a better balance between security, decentralization, and scalability.

Crypto VIP Signal

12 Jul 2024 20:46

The German government has sold all its BTC holdings. Remember, for every seller, there's a buyer on the other side. Accumulation is happening, and this could lead to a massive rally.

Crypto VIP Signal

12 Jul 2024 15:02

Historically, Q3 has been the weakest period for Bitcoin, often due to supply distribution from bankruptcy estates.

However, Q4 typically sees the strongest performance, driven by factors such as the U.S. election, halving effects, cash distributions from the FTX estate, and easing macroeconomic conditions.

This trend suggests potential resilience and growth for Bitcoin as it moves through these cycles.

Crypto VIP Signal

12 Jul 2024 08:31

A small uptrend line is currently acting as a support area for Bitcoin. Bitcoin is forming higher highs and higher lows on lower time frames. The crucial level to watch is $60,000, and BTC has been unable to surpass it. We might see another attempt, and if it gets rejected again, we could see a new low.

Crypto VIP Signal

11 Jul 2024 15:51

The current bull rally is slightly behind previous rallies, but not by much. Historically, BTC shows rapid growth 6-8 months after Halving.

Crypto VIP Signal

11 Jul 2024 12:10

ADA analysis:

Price tested the major support area on the daily chart. ADA is now moving upward. Let's see how it reacts to the resistance area. It's better to wait for some time for new entries.

Support Area: $0.34-$0.345

Resistance Area: $0.43-$0.46

Crypto VIP Signal

10 Jul 2024 21:02

RLC analysis:

Price broke the major support area and now trading below it. This is no trade zone and better to wait for some time for new entries.

Support Area: $1.24-$1.31

Resistance Area: $1.95-$2.07

Crypto VIP Signal

10 Jul 2024 10:32

The TOTAL crypto market cap has rebounded from the support area, indicating that the market holds the major support area. A potential move towards the local resistance area may be observed. The support area remains unchanged.

Local Resistance Area: $2.17-$2.21 Trillion area

Crypto VIP Signal

10 Jul 2024 06:31

Binance Performs Wallet Maintenance - 2024-07-17
https://www.binance.com/en/support/announcement/90f80370fd054628b595f886f79f0672

Crypto VIP Signal

09 Jul 2024 16:16

USDT holds the top spot with over $112 billion market cap among stablecoins, while USDC takes second place with a market cap of $32 billion.

Crypto VIP Signal

09 Jul 2024 13:50

SOL once again dropped to the support area but then rebounded. The market is providing ample time and retests for accumulation. We may witness a move towards the resistance area in the coming days.

Crypto VIP Signal

08 Jul 2024 20:43

GRT analysis:

Price is currently trading within the support and resistance area. It's advisable to wait before opening new trades.

Support Area: $0.139-$0.145

Resistance Area: $0.22-$0.233

Crypto VIP Signal

08 Jul 2024 15:43

ETH is holding the support area and has tested it again. The price bounced from there, showing strong buying pressure at the support area.

Crypto VIP Signal

08 Jul 2024 09:44

Bitcoin has once again dropped below the $57,000 level and is currently trading below it. We will monitor how the price reacts over the next 2-3 days.

Crypto VIP Signal

07 Jul 2024 19:52

CAKE ANALYSIS :

CAKE dropping after forming a large Head & Shoulder Pattern and kinda faked out the major support zone of $1.76 - $1.93. It a 35% buy range to the upside and price again attempting to close below the zone. Eyes on closure, as breaking below will lead in $1.00. area.

Crypto VIP Signal

07 Jul 2024 15:18

Bitcoin prices are hovering very close to the average cost of production for Bitcoin miners.

This situation could influence mining profitability and potentially impact market dynamics.