Crypto VIP Signal

14 Mar 2024 18:38

YFI analysis:

The current price is attempting to remain above the resistance area. If it manages to stay above this level, we can expect the uptrend to continue. It's advisable to wait for a candle to close above the resistance level before opening new long positions.

Crypto VIP Signal

14 Mar 2024 12:01

As Bitcoin ventures into new territory, it also enters what some call the "euphoria zone," marked by shifts in mood and behavior. According to Glassnode's on-chain data, Bitcoin's Realized Cap, which measures the total wealth stored in the network, has surged to $504 billion, with a $40 billion increase in March alone.

Crypto VIP Signal

14 Mar 2024 06:18

Bitcoin is currently showing a small rising wedge on lower time frames. This is typically a bearish pattern and often breaks in a downward direction. It's important to note that support on the downside is in the $69,000-$70,000 area. If the price remains above this level, we can expect the upward trend to continue. To protect your positions, it's recommended to set tight stop-loss limits.

Crypto VIP Signal

13 Mar 2024 19:43

OG analysis:

Price is now testing the major resistance area a break above this is bullish. Better to wait for a clear break and close above the resistance area for new entries.

Support Area: $4.20-$4.40

Major Resistance Area: $5.90-$6.25

Crypto VIP Signal

13 Mar 2024 11:16

BTC printing daily New All Time High🚀🚀

Crypto VIP Signal

13 Mar 2024 07:16

Bitcoin experienced a brief dip to the support area of $69,000, but quickly recovered and is now trading above $72,000. It is anticipated that BTC will continue to climb towards $75,000. On lower time frames, Bitcoin is showing a bullish trend as it is making higher highs and higher lows.

Crypto VIP Signal

12 Mar 2024 15:18

90-day website traffic to crypto exchanges has increased 45% from the Aug-Oct figures, suggesting that retail is gradually returning to the market.

Crypto VIP Signal

12 Mar 2024 10:31

1INCH has broken above its resistance area and is currently trading above it. You can open long positions if the price retraces to the support area. We may witness a continuation of the upward movement.

Support Area: $0.58-$0.60

Resistance Area: $0.675-$0.70

Crypto VIP Signal

11 Mar 2024 19:02

ETH Analysis :

ETH continue rise with the moving market conditions and reached a resistance area at $4142. The Final Resistance is only its #ATH now and there're rumors that ETH #ETF might come very soon. If you accumulated ETH at bottom just hodl it until the ATH or ETF news and in case of fresh buys, wait for a dip to come.

Crypto VIP Signal

11 Mar 2024 11:20

this represents an on-balance, and back of the envelope net capital inflow into Bitcoin of around $267M/day (−49+17+299). This represents a meaningful phase shift in market dynamics and a valid explanation for the market's rebound towards new ATHs.

Crypto VIP Signal

10 Mar 2024 19:26

WAXP analysis:

The price has broken above the resistance area and is currently attempting to maintain its position above it. If the candle closes above the resistance area, it will indicate a bullish trend and we can expect the upward movement to continue. You can consider opening a long position near the support area while keeping a tight stop loss.

Support Area Now: $0.0856-$0.089

Resistance Area: $0.106-$0.11

Crypto VIP Signal

10 Mar 2024 10:20

BONK has been continuing its uptrend and our long position has generated a peak profit of more than 378% from the time of our entry. You have the option to either book full profit or hold onto the position with a tight stop loss. It's important not to succumb to FOMO and open a new long position at this point.

Crypto VIP Signal

09 Mar 2024 19:28

QNT analysis:

Price tried to break above the resistance area but was rejected from there. We may see a move towards the support area and this is the zone for new entries. A break above the resistance area will send the price towards the next resistance area.

Support Area: $95-$100

First Resistance Area: $125-$131

Second Resistance Area: $147-$153

Crypto VIP Signal

09 Mar 2024 14:01

As on-chain flows indicate a surge in speculation, derivative markets have mirrored this trend. The collective Open Interest in futures markets has surged to $21 billion, marking a significant rise. Notably, only 84 out of 1195 trading days, accounting for 7%, have surpassed this value. Moreover, the USD denominated value of open futures contracts is nearing the peaks witnessed during the most exuberant periods of 2021.

Crypto VIP Signal

09 Mar 2024 08:30

UFT pumped as expected and price made a high of $0.59 today. That is more than 29% profit from our entry. You can hold the position with trailing stop loss for maximum profit. Pin our channel on top to never miss a signal and share it with your friends and family and earn together. Keep Earning 😊

Crypto VIP Signal

14 Mar 2024 13:59

BAL has broken the resistance area and also retested it. If you opened long positions on the retest, you would have made more than 28% profit. You should increase your stop loss and hold the position. The price is currently testing the resistance area, and if it is able to break above this level, we can expect to see a continuation of the upward movement.

Resistance Area: $6.00-$6.20

Next Resistance Area: $7.15-$7.60

Crypto VIP Signal

14 Mar 2024 09:13

1INCH is continuing its upward movement, just as we expected. Our long position has given us a profit of over 19% since we entered the market. It is recommended that you increase your stop loss and hold the long position. The price has tested the resistance area, and we may see another test of this area soon.

Resistance Area: $0.675-$0.70

Crypto VIP Signal

13 Mar 2024 23:26

DEGO made a high of $4.22. So far more than 75%+ profit from our entry. 🚀👍

Crypto VIP Signal

13 Mar 2024 11:31

WAXP has seen a rise in price after testing the support area. If you have opened long positions, we suggest that you increase your stop loss and hold. The long position has given more than an 18% profit since our entry. We are expecting the price to move towards the resistance area soon.

Resistance Area: $0.106-$0.11

Crypto VIP Signal

13 Mar 2024 09:04

Notice of Removal of Spot Trading Pairs - 2024-03-15
https://www.binance.com/en/support/announcement/dd8b8a2c4d2f4616ae5b927b51d31730

Crypto VIP Signal

12 Mar 2024 19:04

KAVA analysis:

The current price is in the process of testing a resistance area. It remains to be seen how the price will react in this area. If the price is rejected, it is likely to move towards the support area. It is advisable to wait for a clear breakout or a test of the support area before entering into new positions.

Support Area: $0.75-$0.80

Resistance Area: $1.08-$1.16

Crypto VIP Signal

12 Mar 2024 13:41

BREAKING: 🇺🇸 US inflation rises to 3.2%, higher than expectations 🚨🚨

Crypto VIP Signal

12 Mar 2024 07:15

Bitcoin has experienced a significant increase in value after being retested, breaking through the $70,000 resistance level. This has caused a positive sentiment in the market, and BTC is presently trading above this level. The next level of resistance is the $75,000 area, with support now at the $69,000-$70,000 level.

Crypto VIP Signal

11 Mar 2024 13:20

MicroStrategy has bought another 12,000 BTC for approximately $821.7M, using funds from convertible notes and excess cash, at roughly $68,477 per bitcoin. As of March 10, 2024, Now MicroStrategy holds 205,000 BTC acquired for around $6.91B, with an average price of $33,706 per bitcoin.

Crypto VIP Signal

11 Mar 2024 07:35

Bitcoin was unable to break above the $70,000 resistance level and retested the support line, indicating a possible retest of resistance. Overall, the market is bullish, and trader sentiment is positive.

Crypto VIP Signal

10 Mar 2024 14:27

Educational Post

What Are SRC-20 Tokens?

SRC-20 tokens are tokens that utilize the Bitcoin Stamps technology to attach data to Bitcoin. The SRC-20 token standard expands the utility of the Bitcoin network, enabling the creation of fungible assets. It’s likened to the BRC-20 token standard, but the two have several distinct differences. Now, let’s take a look at how SRC-20 tokens work.

How Do SRC-20 Tokens Work?

Through the use of Bitcoin Stamps, which inscribe data onto unspent transaction outputs (UTXOs), SRC-20 tokens ensure immutable data storage. This allows for the creation of tokens that run parallel with Bitcoin's native coin, with transaction fees paid in BTC, while offering similar functionality to other token standards such as BRC-20.

BRC-20 vs. SRC-20

While both BRC-20 and SRC-20 token standards increase the utility of the Bitcoin blockchain, they rely on different methods. Let’s take a look at the key differences between BRC-20 and SRC-20.

Data storage

SRC-20 tokens utilize the Bitcoin Stamps protocol, allowing information storage directly on UTXOs on the Bitcoin blockchain. In contrast, BRC-20 tokens use the Bitcoin Ordinals protocol, which stores information in the witness data. While details in the witness data can be modified by a syncing mode, Bitcoin Stamps data can’t be pruned.

Data pruning

SRC-20 token data stored on UTXOs can’t be pruned, ensuring immutability and permanence. On the other hand, data attached to Bitcoin ordinals can be pruned by nodes, potentially affecting data longevity.

Transaction costs

SRC-20 tokens offer flexible data storage, letting creators attach data of arbitrary sizes. However, larger data sizes result in higher transaction fees. BRC-20 tokens impose restrictions on information size, ensuring standard transaction costs. Additionally, BRC-20 token data is stored in the Witness section of a transaction. That contributes to cheaper transaction costs.

Adoption

BRC-20 tokens have experienced wider adoption, being listed on centralized exchanges, and multiple protocols are developing technologies to embrace them. In contrast, SRC-20 tokens are still in their early stages, with limited wallet and protocol integration.

Crypto VIP Signal

10 Mar 2024 06:06

Bitcoin is slowly approaching the $70,000 mark. If the price can close above $70,000, we could see a move towards the $75,000 level. The current support level is between $64,000-$65,000.

Crypto VIP Signal

09 Mar 2024 15:32

Educational Post

What Is Total Value Locked (TVL)?

The TVL measures the total value of assets deposited in a particular decentralized finance (DeFi) protocol. It's also possible to calculate the TVL of the entire blockchain ecosystem by aggregating the TVLs of all the different DeFi protocols on that blockchain.

To better understand TVL, imagine that you deposit $1,000 into a DeFi protocol that allows you to earn interest on your deposit. Your $1,000 is now locked or staked in the protocol. Now, if ten other people also deposit $1000 each into the same protocol, the TVL of the protocol becomes $11,000.

How to Calculate TVL

TVL is a way to quantify the level of activity and adoption within a DeFi ecosystem. To calculate TVL, determine the total value of all assets currently locked on that platform. This includes all locked assets, such as collateral, staked, and borrowed assets.

Then convert the value of the assets to a standard unit, such as USD or another fiat currency. Finally, add the total value of all assets to determine the TVL of the DeFi protocol.

Data aggregators are popular sources for tracking TVL in DeFi. These platforms collect data from various DeFi protocols and aggregate it into a single dashboard, making it easy to track the overall growth and adoption of the DeFi ecosystem.

Crypto VIP Signal

09 Mar 2024 09:17

The price of AMB has continued to rise as anticipated. Our long position has yielded a profit of over 75% since we entered the market. It is advisable to take some profits at this point and maintain the rest with a trailing stop loss. The current price is struggling to sustain above the resistance area, and we may see a test of the resistance area again.

Next Resistance Area: $0.019-$0.020

Crypto VIP Signal

09 Mar 2024 06:39

Bitcoin has broken above the minor downtrend line and established a new all-time high. With the price now trading above this downtrend line, it's a positive indicator. Another attempt to break above the $70,000 level may be imminent. 🚀