Crypto VIP Signal

10 Dec 2023 19:04

C98 analysis:

Currently, the price is testing a resistance area. It's important to observe how the price reacts at this level. A break above the resistance area will indicate a continuation of the upward movement. Therefore, it's best to wait for a break above the resistance area or a test of the support area before considering new entries.

Support Area: $0.177-$0.185

Resistance Area: $0.238-$0.25

Next Resistance Area: $0.297-$0.31

Crypto VIP Signal

10 Dec 2023 06:46

Bitcoin has failed to break the trading range resistance and its price continues to move sideways. Altcoins are showing good rallies, so it's recommended to book profit and increase stop loss in open positions.

Support Area: $40,000-$42,000

Resistance Area: $45,000

Crypto VIP Signal

09 Dec 2023 12:03

MEXC will list TBT in Kickstarter at Dec 9, 13:00 (UTC).

https://mexc.com/en-US/support/articles/17827791511914

Crypto VIP Signal

09 Dec 2023 07:11

Bitcoin is trying to break the small sideways trading range. Let's see if the price is able to break and hold above this small resistance area. As said altcoins are pumping hard and better to increase your stop loss and book some profits in open positions.

Crypto VIP Signal

08 Dec 2023 12:20

Educational Post

What is GameFi?

GameFi, short for Game Finance, is a market segment within decentralized finance (DeFi) that combines blockchain technology with gaming. This innovative fusion aims to not only enhance interest in specific blockchain projects but also to deepen users' engagement with cryptocurrencies, creating a novel gaming experience.

GameFi introduced a groundbreaking play-to-earn (P2E) business model that redefines the gaming landscape. By offering tangible incentives for gamers' time and effort, such as in-game cryptocurrencies and non-fungible tokens (NFTs), it can transform digital gaming into a rewarding financial ecosystem.

How GameFi Works?

At its core, GameFi leverages smart contracts, the programmable scripts on blockchains, to automate specific actions within games. These contracts bring a level of flexibility that allows for the creation of unique and innovative gaming experiences. Each game typically employs multiple smart contracts, tailored for distinct purposes like asset creation, reward distribution, and managing in-game economies.

Crypto VIP Signal

06 Dec 2023 19:19

OP analysis:

Currently, the price is approaching a significant resistance level. If it manages to break above it, we can expect a bullish trend. Wait for the price to break above the resistance level before entering new long positions.

Crypto VIP Signal

05 Dec 2023 14:36

Educational Post

What Is Sharding?

Sharding is a concept borrowed from traditional database management. It refers to the process of splitting a larger database into smaller, more manageable parts, called shards. Its application in blockchain aims to improve scalability, whilst maintaining the principle of decentralization. In essence, sharding occurs when a blockchain network is divided into smaller parts known as shards, each capable of parallelly processing transactions and smart contracts.

How Does Sharding Work?

Understanding how sharding is executed within a blockchain network requires a comprehension of how blockchain data is usually stored and processed. There are various ways data can be processed. We are going to look into sequential and parallel processing.

Typically, each blockchain node is responsible for handling all of the transaction volume within the network. This type of data processing is commonly referred to as sequential processing. This implies that every node must maintain and store all critical information, such as account balances and transaction history. In essence, each node must process all network operations, data, and transactions.

Though such a model bolsters the security of the blockchain by recording every transaction across all nodes, it dramatically slows down the processing of data. This is where parallel processing of data comes into play as it allows for multiple operations to be executed concurrently.

Sharding can be a potent solution to this predicament as it divides or 'partitions' the transactional workload across the blockchain network. This means that not all nodes need to manage or process the entirety of the blockchain's load.

Instead, sharding segregates the workload through horizontal partitioning. In this process, the data is divided into horizontal subsets, with each shard acting as an independent database capable of processing transactions separately from the others

Crypto VIP Signal

02 Dec 2023 07:23

Bitcoin (BTC) has managed to stay above the $38,000 mark, which is a positive sign. This could lead to favourable upward movement in altcoins, as traders have a positive sentiment towards them. The Fear and Greed Index is currently at 72, indicating that there is still room for further upward movement. We may see a rejection from the major resistance area.

Support Area: $34,700-$35,000

Major Resistance Area: $40,000-$42,000

Crypto VIP Signal

30 Nov 2023 21:02

SYS analysis:

Price faced heavy selling at the resistance area and was subsequently sold off. The price will likely test the support area, and you may consider a small long position there.

Support Area: $0.096-$0.102

Resistance Area: $0.13-$0.14

Crypto VIP Signal

30 Nov 2023 15:09

Bitcoin Dominance bounced from the support area. This is the reason altcoins are facing some selling pressure. We may see a move towards the resistance area and let's see how Bitcoin Dominance reacts there.

Local Support: 50.70-50.80%

Major Support: 47.80-49.00%

Resistance: 54.00-54.40%

Crypto VIP Signal

28 Nov 2023 08:59

ETH has faced heavy resistance and has been rejected multiple times. A rally may occur if the price breaks above resistance. Place buy orders in the support area and wait.

First Support Area: $1735-$1760

Second Support Area: $1840-$1864

Resistance Area: $2110-$2140

Crypto VIP Signal

26 Nov 2023 11:58

Accumulation rates can also be assessed using wallet size heuristics, where this chart considers all entities holding less than 100 BTC. These Shrimp (< 1BTC), Crabs (1 to 10BTC) and Fish (10 to 100BTC) capture a wide cross section of investors, from retail through to high net worth individuals.

In aggregate, their accumulation rates have exceeded new issuance since Feb 2022, being the longest and most sustained period in history.

Crypto VIP Signal

26 Nov 2023 06:20

Bitcoin is currently testing the resistance area repeatedly. There may be some movement on Monday when the global market opens. The support and resistance levels remain the same.

Crypto VIP Signal

24 Nov 2023 15:07

The percentage of Bitcoin's (BTC) circulating supply that was last active on-chain at least a year ago has reached a record high of 70.35%, surpassing the previous peak of 69.35% in July, according to data tracked by blockchain analytics firm Glassnode.

Crypto VIP Signal

23 Nov 2023 12:46

After experiencing an upward movement, XRP retraced back to the support area. The price was tested and then bounced back up from the support zone. If you missed your chance last time, you can consider opening a long position at the support area. It's recommended to set a tight stop loss below the $0.55 level.

Support Area: $0.57-$0.60

Resistance Area: $0.68-$0.713

Next Resistance Area: $0.77-$0.78

Crypto VIP Signal

10 Dec 2023 14:57

Educational Post

What is Token Lockup?

The term token lockup refers to a specific period of time in which cryptocurrency tokens cannot be transacted or traded. Typically, these lockups are used as a preventive strategy to maintain a stable long-term value of a particular asset.

This may help to prevent the holders of big bags to sell their tokens all at once in the market, which would likely cause prices to tank very quickly.

It is common to see massive sell-offs after Initial Coin Offerings (ICO) where early investors (or even the project’s team) end up selling their holdings right after the cryptocurrency hits the market, causing massive drops in price.

So token lockups are used to avoid this from happening and they bring an extra level of confidence to the potential participants of a token sale.

Token lockups may also be called vesting periods. These are often set as one or two years after the launch of a cryptocurrency.

For example, if a startup creates a cryptocurrency and launches it through an ICO, they may define a lockup period for the team of two years, meaning that no team member will be able to access their tokens before the lockup period ends.

This brings a positive sentiment about the project and the team as it will likely keep them motivated to focus on long-term work, without worrying about the market value of their token.

Crypto VIP Signal

09 Dec 2023 12:17

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7. Regularly educational PDFs, On-Chain data analysis, trading  guides created by our experienced team which is just exclusive for our community.

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Crypto VIP Signal

09 Dec 2023 11:47

It seems that LINK has broken the expected pattern and moved upward. We hope you were able to open a long position at the support area. You may consider increasing your stop loss to the breakeven point and holding onto this position. The good news is that LINK has also broken the resistance area.

Next Resistance Area: $20.00-$20.80

Crypto VIP Signal

08 Dec 2023 19:33

NKN analysis:

Price has broken the local resistance and is now heading towards the major resistance area. It is recommended to open a long position upon a retest of the zone.

Support Area: $0.106-$0.109

Major Resistance Area: $0.143-$0.15

Crypto VIP Signal

07 Dec 2023 10:56

LINK analysis:

There is an uptrend, and a pattern similar to a previous one has appeared on the chart. A test of the support area is expected, where you can open new long positions.

Support Area: $14.70-$14.85

Resistance Area: $16.30-$16.65

Crypto VIP Signal

06 Dec 2023 10:32

ADA analysis:

Price has reached a major resistance area. If it breaks above, we may see a move towards $0.60. Consider buying ADA if it drops to the support area.

Support Area: $0.376-$0.386

Major Resistance Area: $0.43-$0.46

Crypto VIP Signal

03 Dec 2023 11:01

Dear members,

6 hours left until the biggest signal we have ever done on MEXC!

- Our target will be 5000%-7000% gains today. We will be using the MEXC exchange.
- We will be using the USDT pairing to buy, make sure you have USDT in your account to buy the coin.
- Hundreds of hundreds of traders will be buying at once, make sure you buy early before outsiders do.
- If you plan to use your whole balance, you can buy using 75% of your balance initially at market price, use the remaining of your balance to place buy orders!
- When you buy the coin and it's time to sell, never sell on the buy supports! Instead sell slowly in parts as the price goes up.
- After buying, we highly suggest to place buy orders below the market price as the price moves up.

Crypto VIP Signal

01 Dec 2023 19:26

APE analysis:

After breaking through the resistance area, the price successfully retested it, creating an opportunity for new buy orders as APE bounced from the support area. We may see a continuation of the upward trend.

Support Area: $1.50-$1.54

Resistance Area: $1.75-$1.80

Crypto VIP Signal

30 Nov 2023 15:14

Educational Post

What is RSA (Rivest-Shamir-Adleman)?

An RSA (Rivest-Shamir-Adleman) key pair consists of a public key and a private key and is at the core of RSA encryption, a powerful cryptographic algorithm. This key pair can be instrumental in securing your digital communications and data.

The public key is used to encrypt data or, in the context of digital signatures, to verify a signature. The private key is kept confidential by the holder and used to decrypt the encrypted data or sign digital communications. It's important to note that data encrypted with the public key can only be decrypted with the corresponding private key.

Many users choose to trade on Binance using an API. To make sure you’re as secure as possible when using an API key to trade, it’s worth generating an RSA key pair to send API requests to Binance. This means you can register the public key of your RSA API key pair with Binance and use the corresponding private key to create signed API requests.

Crypto VIP Signal

28 Nov 2023 14:38

XRP is approaching the support area. Consider opening long positions near support with the same stop-loss level. Expect sideways/accumulation movement before the next move.

Support Area: $0.57-$0.60

Resistance Area: $0.68-$0.713

Next Resistance Area: $0.77-$0.78

Crypto VIP Signal

27 Nov 2023 09:47

Over 83.6% of the Bitcoin circulating supply are in profit, being the highest level since November 2021 (near the ATH). More than 16.366 million BTC are currently in profit.

Crypto VIP Signal

26 Nov 2023 08:40

WLD has broken through the resistance area and is now in price discovery mode. The previously resistance area has now become support and we may see a retest of this area. The next resistance levels are around the $3.00 and $3.50 areas.

Crypto VIP Signal

24 Nov 2023 19:57

ROSE analysis:

Price gives many fakeouts below the support to hunt stop loss. ROSE is now heading towards the major resistance area. Let's see how the price reacts on the major resistance areas.

Support Area: $0.065-$0.0675

Resistance Area: $0.079-$0.081

Crypto VIP Signal

24 Nov 2023 13:12

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

23 Nov 2023 06:10

The market has absorbed the news well, resulting in Bitcoin testing the resistance area once again. Heavy selling is taking place in this area, and BTC is still trading within its range. It is advisable to maintain a tight stop loss in all trades, as there is a possibility of another negative news that could crash the market in the coming days. The support and resistance levels remain unchanged.