Crypto VIP Signal

25 Apr 2024 15:52

According to Glassnode, the inflation rate of bitcoin (0.83%) has been significantly lower than that of gold (2.3%) since the last halving.

Crypto VIP Signal

25 Apr 2024 08:59

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Crypto VIP Signal

24 Apr 2024 20:37

TAO analysis:

Price broke the triangle pattern and is now retesting it. You can open a small long position here as we may see a bounce from this level.

Buy zone: $452-$460

Resistance Area: $490-$500

Crypto VIP Signal

24 Apr 2024 14:46

The BTC network hashrate is steadily increasing, signaling ongoing investments in mining infrastructure, as per Glassnode data.

Crypto VIP Signal

24 Apr 2024 10:28

TNSR broke through the resistance area and is now retracing. If you have long positions, consider increasing your stop loss and holding for the potential continuation of the upward movement. You can add more in the buy zone.

Support Area: $1.09-$1.14

Resistance Area: $1.28-$1.31

Crypto VIP Signal

23 Apr 2024 19:49

BCH analysis:

Price is approaching the resistance area. It's advisable to wait for new entries due to this being a no-trade zone. Let's observe how the price reacts to the resistance area.

Support Area: $445-$460

Resistance Area: $550-$570

Crypto VIP Signal

23 Apr 2024 13:57

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Crypto VIP Signal

23 Apr 2024 11:14

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Crypto VIP Signal

23 Apr 2024 07:29

Bitcoin is currently trading above the $65,000 mark, which is a positive sign. The US markets have also started to recover after the recent war news, indicating that the upward trend in the cryptocurrency market is likely to continue. The resistance and support levels currently remain unchanged.

Crypto VIP Signal

22 Apr 2024 15:11

The NUPL indicator suggests that most long-term BTC holders remain steadfast, indicating that widespread market euphoria is not imminent. According to Glassnode data, the current trend is in the early stages of active growth.

Crypto VIP Signal

22 Apr 2024 08:22

Bitcoin has successfully breached the $65,000 level, signaling a positive development in the market. Following the halving event, the market is exhibiting considerable strength, indicating that the recent downturn may have come to an end. With this momentum, there is anticipation for a potential move towards $70,000 in the near future.

Crypto VIP Signal

21 Apr 2024 16:25

Bitcoin's volatility has steadily decreased since January 2020, showing fewer extreme peaks. Currently, it sits just below 60%. As Bitcoin solidifies its status as a valuable asset, expect its volatility to further diminish over time.

Crypto VIP Signal

21 Apr 2024 11:36

Bitcoin Dominance is gradually decreasing, which is a positive signal for altcoins. Let's observe whether Dominance will break below the support area of 55%. This break will continue the upward trend in altcoins.

Crypto VIP Signal

20 Apr 2024 20:09

STRK analysis:

After the dump, the price is now trading in a downtrend channel. Price is now slowly moving towards the resistance line of the downtrend channel. This is no zone for new entries and better to wait for some time.

Crypto VIP Signal

20 Apr 2024 13:56

CAKE is holding the market structure and its price is moving up from the support area. If you open a long position at support, increase your stop loss and hold.

Support Area: $2.42-$2.70

Resistance Area: $3.61-$3.81

Crypto VIP Signal

25 Apr 2024 12:13

The SOL price moved upward as expected, pumping more than 16% from the support area. The price is now moving back towards the support area. If you missed out earlier, consider opening a small long position near the support area.

Support Area: $133-$140

Resistance Area: $162-$169

Crypto VIP Signal

25 Apr 2024 08:34

Bitcoin has dropped below $65,000 level again. The market is giving mixed signals and there is no clear move yet. Let's wait and see how the market performs in the next few days. Keep a tight stop loss in all open positions.

Crypto VIP Signal

24 Apr 2024 15:42

Educational Post

What Are Airdrop Scams?

Airdrop scams refer to fraudulent schemes designed to deceive cryptocurrency users by offering fake airdrops – supposed giveaways of tokens or coins. These scams exploit the allure of free tokens to trick beginners and unsuspecting individuals into connecting their crypto wallets to malicious websites, transferring assets to fraudsters, or disclosing sensitive information.

How Airdrop Scams Work

Most airdrop scams will involve some sort of phishing technique that lure users into malicious websites. Let’s go through some common methods.

Fake airdrop promotion

Scammers set up phishing websites mimicking legitimate airdrop and promote it through various channels, including social media, email, and messaging platforms. Their goal is to trick users into revealing their sensitive information or connecting their crypto wallets.

In other words, they lure users by promising free tokens in exchange for participating in the airdrop. Once users express interest, scammers may request personal information, wallet addresses, or even private keys under the guise of claiming the airdrop. However, instead of receiving tokens, victims may find their wallets drained or compromised.

Impersonation

Scammers impersonate well-known cryptocurrency exchanges or influencers to gain credibility and lure victims into participating in fraudulent airdrops. Scammers may also hack into legitimate accounts to take advantage of their followers.

Crypto VIP Signal

24 Apr 2024 13:27

STRK breaking the downtrend channel, the price has recently tested it. We may see a continuation of the upward movement. You can open a small long position with a tight stop loss.

Support Area: $1.30-$1.32

Resistance Area: $1.67-$1.80

Crypto VIP Signal

24 Apr 2024 08:52

Bitcoin is gradually trending upwards, hinting at a potential move towards the $70,000 level. Should BTC successfully surpass this milestone, it could trigger a significant upward rally in the broader crypto market.

Crypto VIP Signal

23 Apr 2024 16:29

Educational Post

What Are Appchains?

Appchains are specialized blockchains designed for a specific function. Unlike general-purpose blockchains that offer a variety of applications, appchains are focused on individual applications. This approach allows for transaction processing, fees, smart contract functionalities, and many other factors tailored to the needs of particular applications.

How Do Appchains Work?

Appchains operate based on the main principles of blockchain technology, but with changes that make them tailored to the needs of individual applications. Each appchain dedicates its resources to a specific task, ensuring that they are not spent on unrelated applications.

Appchains can implement various consensus mechanisms, such as Proof of Work (PoW) or Proof of Stake (PoS), that are most suitable for individual applications. For instance, an appchain for a financial application might choose to use a different consensus mechanism than one designed for supply chain management.

In addition, smart contracts on appchains can be specifically designed to meet the demands of individual applications. This allows for more complex contract logic that can enhance the functionality and efficiency of individual applications.

Crypto VIP Signal

23 Apr 2024 13:16

The Liquidation Heatmap data indicates over $50 million in liquidations at the $66,000 level and over $54 million in liquidations at $67,400. This may lead to a liquidation of overleveraged positions in both directions.

Crypto VIP Signal

23 Apr 2024 10:21

ETHFI analysis:

Price is approaching a decision zone within a big triangle pattern. The next move will be determined by which side the triangle pattern breaks.

Support Area: $3.40-$3.50

Resistance Area: $4.30-$4.40

Crypto VIP Signal

22 Apr 2024 19:26

FET analysis:

Price is attempting to break a resistance area. A successful breakout above this resistance area is bullish and will send the price towards an all-time high resistance area. A break and close above $2.50 is a buy signal, so keep an eye on it.

Crypto VIP Signal

22 Apr 2024 11:31

TNSR analysis:

Price is attempting to break above a resistance area. A bullish break above this resistance will lead to the continuation of the upward movement. You can open a small long position here with a tight stop loss.

Buy Zone: $1.09-$1.14

Stop loss: Below $1

Crypto VIP Signal

21 Apr 2024 19:48

As expected, DOGE rebounded from the support area. If you have opened a long position, consider increasing your stop loss and holding the trade. The support and resistance levels remain unchanged.

Crypto VIP Signal

21 Apr 2024 13:49

ADA analysis:

The price has recently tested a significant support area and has rebounded from there. If there is another quick sell-off, you can consider placing your buy orders in the support area and waiting. We may see a move towards the resistance area in the coming days.

Support Area: $0.43-$0.46

Resistance Area: $0.588-$0.60

Crypto VIP Signal

21 Apr 2024 08:29

Bitcoin is currently grappling with the $65,000 resistance level but hasn't managed to break through yet. Despite this, the sideways movement is persisting, which could bode well for the altcoin market. Many altcoins are already demonstrating double-digit gains, signalling a potential shift in market dynamics. We'll keep a close eye on how Monday unfolds for further market move.

Crypto VIP Signal

20 Apr 2024 16:42

We are still very early as compared to the previous bull rallies. This rally is still early and we may see some big waves in the coming months. There may be some small dumps in the way also so be prepared.

Crypto VIP Signal

20 Apr 2024 11:04

ALGO rebounded from the support area. If you've taken long positions, then you should increase your stop loss and hold the position. We may see a move towards the resistance area. The support and resistance levels remain unchanged.