Crypto VIP Signal

22 Nov 2023 09:50

It appears that BCH is currently testing the support trendline of a triangle formation. In the event that the trendline is broken and there is a candle close below it, the price is expected to move towards the support area. Before a breakout, there may be a bounce from the current level towards the upper resistance trendline of the triangle.

Support Area: $165-$180

Local Resistance Area:$250-$260

Major Resistance Area: $300-$320

Crypto VIP Signal

21 Nov 2023 13:17

As predicted, ASTR has moved towards the support area and bounced back from there. The price is currently unable to break above the resistance area. If you have opened a long position, putting your stop loss at the breakeven point is recommended. The support and resistance levels remain unchanged.

Crypto VIP Signal

19 Nov 2023 19:18

FIL analysis:

Price was rejected by resistance. The price may move toward local support before a possible bullish move. A candle closing above resistance is a bullish signal.

Local Support Area: $4.20-$4.35

Major Support Area: $2.95-$3.15

Resistance Area: $4.90-$5.15

Crypto VIP Signal

19 Nov 2023 06:45

Bitcoin is forming a small rising wedge pattern on lower time frames, which is typically bearish and usually breaks downward. Therefore, a test of the support area is expected.

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

Crypto VIP Signal

16 Nov 2023 09:44

ADA continues the uptrend and now again trying to break the major resistance area. We have seen a rejection from this resistance zone.

Support Area: $0.341-$0.346

Next Resistance Area: $0.45-$0.46

Crypto VIP Signal

15 Nov 2023 14:41

Educational Post

What are Real-World Assets (RWA) in DeFi?

Real-world assets transformed into digital tokens and stored on a blockchain or other distributed ledger technology are tokenized real-world assets. These include real estate, art, commodities and even intellectual property. Greater liquidity, transparency and accessibility are made possible by this digitization of physical assets, and it is frequently thought of as a way to modernize and democratize conventional financial markets.

Enhanced liquidity is one of the most important benefits of tokenizing real-world assets. Unlike traditional markets with set trading hours, cryptocurrency exchanges allow for 24/7 trading of these tokens, giving traders more freedom. Moreover, investor confidence is increased by the transparency built into blockchain technology, which further lowers the possibility of fraud and ownership conflicts.

Additionally, tokenization lowers the costs associated with asset management, such as paperwork, intermediaries and legal fees, by removing many of the entry barriers prevalent in traditional financial markets. Investor fees may be reduced as a result of this cost reduction.

However, tokenized real-world assets do have drawbacks, including regulatory considerations that differ by jurisdiction. Any tokenization project must adhere to local laws and regulations. Due to the vulnerability of digital assets to fraud and hacking, security is another crucial issue. To preserve these assets, effective custody solutions and security measures are required.

Despite these difficulties, tokenized real-world assets are a promising financial industry innovation that provides more inclusive investing options. Tokenization adoption is still in its early stages, and it might take some time to become widely accepted in traditional finance. Nonetheless, technology can change how we deal with and invest in physical assets.

Crypto VIP Signal

13 Nov 2023 13:27

Educational Post:

What is Ethereum Cancun Upgrade?

The Ethereum Cancun upgrade, which is expected to happen in Q1 of 2024, will increase the scalability, security, and efficiency of the Ethereum. The Ethereum Cancun upgrade (also known as the “Cancun-Deneb” upgrade) is a concerted effort by Ethereum to bolster its infrastructure and address unresolved issues after the Shanghai upgrade.

The Cancun upgrade is based on five Ethereum Improvement Proposals (EIPs): EIP-4844, EIP-1153, EIP-4788, and EIP-6780. Together, the implementation of these EIPs will provide many benefits, including improved scalability, enhanced data storage and availability, and reduced transaction costs.

With a primary focus on optimizing the execution layer (Layer 1), the Cancun upgrade prepares the network for the future implementation of full data sharding, a vital component in Ethereum's long-term development strategy.

Sharding refers to splitting a blockchain database into smaller portions, called shards, for higher efficiency, and the Cancun upgrade introduces a specific type of sharding known as proto-danksharding (discussed below).

The goal of the Cancun upgrade is to increase the network’s transactions per second (TPS), aligning with Ethereum's roadmap's "Surge" phase, aiming to scale performance to 100,000+ TPS.

The Cancun upgrade – along with the subsequent Deneb upgrade – represents a significant milestone in Ethereum's journey towards establishing itself as a leading decentralized finance platform.

Crypto VIP Signal

12 Nov 2023 14:33

Educational Post

What is Merged Margin?

Merged mining refers to the act of mining two or more cryptocurrencies at the same time, without sacrificing overall mining performance. Essentially, a miner can use their computational power to mine blocks on multiple chains concurrently through the use of what is known as Auxiliary Proof of Work (AuxPoW).

The idea behind AuxPoW is that the work done on one blockchain can be leveraged as valid work on another chain. The blockchain that provides the proof of work is called the parent blockchain, while the one that accepts it as valid is the auxiliary blockchain.

To perform merged mining, all the involved cryptocurrencies must be using the same algorithm. For instance, Bitcoin uses SHA-256, meaning that virtually any other coin that uses SHA-256 can be mined along with Bitcoin - as long as the technical implementations are properly done.

Notably, the parent blockchain is barely affected as it doesn’t have to go under any kind of technical modification. On the other hand, the auxiliary blockchain needs to be programmed to effectively receive and accept the work of the parent chain. Typically, adding or removing support for merged mining requires a hard fork.

In theory, merged mining can be an interesting method for a small (low-hash) blockchain to increase their security, by leveraging the hashing power of Bitcoin or another bigger chain. This could potentially reduce the possibility of 51% attacks, as long as enough miners agree to adopt merged mining.

Crypto VIP Signal

07 Nov 2023 09:19

ETH has recently broken through the resistance area and has now retested it. This indicates that there may be a move towards the key level of $2000 in the upcoming days. If you have opened long positions at the retest, it is recommended that you increase your stop loss to the breakeven point and hold on to your position. This will minimize your potential losses and allow you to take advantage of any potential gains.

Crypto VIP Signal

05 Nov 2023 18:39

VET analysis:

Price is currently testing the resistance area between $0.02080-$0.02110. If the price is rejected from this level, we may see a test of the support area between $0.01760-$0.01850. Wait for a break above the resistance area before considering new long entries.

Crypto VIP Signal

04 Nov 2023 11:00

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 Nov 2023 19:55

SKL analysis:

The price has successfully surpassed the resistance level of $0.024 and is now moving towards a major resistance area which is expected to be between $0.02840-$0.02970. In the upcoming days, we may witness a test of this major resistance area. If you have any long position open, you can consider booking profits at this point.

Crypto VIP Signal

01 Nov 2023 09:20

ETH analysis:

Price was rejected from the $1840-$1865 resistance area. The support zone for new entries is now in the $1730-$1755 area. A break above the $1865 level will push the price towards the $2000 area.

Crypto VIP Signal

29 Oct 2023 07:26

The Bitcoin market is currently experiencing a sideways trend and we predict that it will move towards the support level due to the decrease in trading volume after a sudden increase. We have observed several price rejections indicated by the presence of wicks. Additionally, the upward rally will be confirmed by the weekly and monthly candle closings.

Crypto VIP Signal

26 Oct 2023 15:30

The current market structure resembles the recovery phase after a bear market, akin to patterns observed in 2016 and 2019.

The cost basis of long term holders is around 25% lower than of the short term holders.

Crypto VIP Signal

22 Nov 2023 05:07

CZ officially announced he resigned as CEO of Binance.

Read more here: https://twitter.com/cz_binance/status/1727063503125766367

Crypto VIP Signal

20 Nov 2023 10:28

The Bitcoin Hashrates continues the uptrend and print new all-time high. Miners are accumulating before BTC halving event.

Crypto VIP Signal

19 Nov 2023 10:03

We had anticipated that MATIC would drop from the resistance area, which is why we advised you to book profits. The price has now tested the support area and has bounced back up. If this support level holds, we could see another move towards the resistance area.

Support Area: $0.747-$0.787

Next Resistance Area: $1.30-$1.35

Crypto VIP Signal

17 Nov 2023 15:32

Educational Post

What Is Phishing Attack?

Phishing is one of the most wide-spread and common cyber attack technique. It is a type of social engineering attack that involves psychological manipulation and relies on human failures. A phishing attack happens when a malicious actor poses as a reputable entity or business in order to deceive people and collect their sensitive data, such as credit card details, usernames, and passwords.

Most phishing attacks are performed through the use of fraudulent emails, specially designed to convince the user to enter a fraudulent website. Phishing emails are normally requesting the user to reset his password or to confirm his credit card information, leading to a fake website that looks very similar to the original one. The main types of phishing are clone phishing, spear phishing, and pharming.

How Does It Work?

You might receive an email asking you to enter a website page that is familiar to you. However, the website is fake and when you sign in, you are actually providing your credentials to the attacker. Other types of phishing may include fraudulent stories and requests or demands for money, such as the infamous "Nigerian Prince" email scam.

Phishing techniques are also being applied as a way to steal cryptocurrencies. For example, a cybercriminal may create a fraudulent copy of a website, changing the wallet address provided by the merchant to one of his own, fooling users into paying for a service that looks legitimate but is, in fact, a scam copy.

It is important to understand and recognize phishing scams so you don't become a victim. Some scams are quite sophisticated, and one naive click or careless keystroke could cost you a lot.

Crypto VIP Signal

16 Nov 2023 06:20

Bitcoin was pumped after taking the liquidity from the support area. Although the price is again rejected from the resistance area. The only concern here is the volume is dropping even in the pump. The support levels remain the same.

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

Second Support Area: $33,300-$33,600

Crypto VIP Signal

15 Nov 2023 06:16

Bitcoin has followed the expected pattern and decreased in value to reach the first support area, where liquidity has been obtained. We predict that the market will experience some sideways movement over the next 2-3 days. In case the first support is breached, we anticipate a shift towards the second support area. It is highly unlikely that the SEC will approve spot ETF this month, which could lead to a market crash.

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

Second Support Area: $33,300-$33,600

Resistance Area: $36,000-$37,000

Crypto VIP Signal

13 Nov 2023 05:12

Dear members, With the success of our previous big pump signals #VTS (3500%) #FRTN (6500%), #JET (+10600%) on MEXC, which remained in the "Top Gainers" for over 24+ hours. we are ready to announce our next big signal on MEXC.

Date : 18-November-2023 Saturday
Time : 4 PM GMT
Pairing : USDT
Exchange : MEXC

We have decided to start pumping on MEXC for multiple reasons. 1st of all, we believe that with our massive buying power we will be able to reach 5000% easily possibly even more. 2nd of all, MEXC doesn't require KYC meaning you can make an account there without verifying your identity and get past any restrictions other exchanges could have. Finally, there is very little hidden sell pressure in the orderbooks. After the previous signal and hours of discussion with our team, we have decided to schedule our next signal in 5 days to make sure that we are fully prepared. Our main goal for this pump signal will be to make sure that every single member in our group makes a massive profit. With our ability to keep creating the most powerful and biggest pumps , we will take every opportunity we can get. We welcome everyone to join us as we create the next big pump all traders and investors all over the world have been waiting for.

We have 5 days to prepare for this massive pump, this event will be the biggest one that we have done in the history of our group and will top our previous ones in terms of % gain. Instructions will be given out in the upcoming days to make sure all our members are prepared for MEXC. We are expecting hundreds of thousands of people all across the world to attend this pump and possibly more than a million people across all social medias will be watching. Be prepared. We will be giving out more information when we are closer to the signal date, stay tuned!

Crypto VIP Signal

08 Nov 2023 19:39

BLUR analysis:

The price has broken the resistance area and is now trading above it, with an expected move towards the next resistance area in the coming days. It is not recommended to enter new positions at the current market price.

Support Area: $0.30-$0.31

Resistance Area: $0.435-$0.483

Crypto VIP Signal

06 Nov 2023 18:56

MANA analysis:

Currently, the price is testing the resistance between $0.430-$0.447. If there is a rejection from this area, expect the price to drop towards the $0.345-$0.36 area. This area will provide an opportunity for new entries.

Crypto VIP Signal

05 Nov 2023 06:17

Bitcoin has broken resistance after multiple attempts and is currently trading above $35,000. However, there is low volume and momentum in BTC. We may see a reversal in the market at any time, so keep a tight stop loss in all trades.

Crypto VIP Signal

02 Nov 2023 19:08

SAND analysis:

Price broke out of the falling wedge pattern, and also surpassed the resistance area of $0.334-$0.339. This area may be tested and considered for new long positions. The next resistance area is $0.375-$0.38.

Crypto VIP Signal

01 Nov 2023 09:58

Notice of Removal of Spot Trading Pairs - 2023-11-03
https://www.binance.com/en/support/announcement/87197e1c25dc42b8b37360a1c05515d1

Crypto VIP Signal

30 Oct 2023 19:02

Educational Post

What is Mainnet Swap?

Essentially, a mainnet swap consists of switching from one blockchain network to another. In most cases, the swap takes place when a cryptocurrency project migrates from a third party platform (e.g., Ethereum) to their own native blockchain network. At this point, their cryptocurrency tokens are gradually replaced by newly issued coins and all blockchain activity is moved to the new chain.

Let’s take BNB as an example. After the main net launch of Binance Chain, users were encouraged to migrate from the Ethereum blockchain to the Binance Chain.

Therefore, ERC-20 BNB token holders started to replace their tokens with the newly issued BEP2 BNB coin (the native coin of Binance Chain). The mainnet swap followed a 1:1 ratio so that 1 ERC-20 BNB had the same value as 1 BEP2 BNB. After the swap, all remaining ERC-20 BNB tokens were burned, so now only the BNB of the new chain can be used.

Therefore, a mainnet swap takes place when a blockchain project replaces previously issued tokens with their new cryptocurrency, which is typically running on their own blockchain network. This process may also be referred to as “token migration”. Usually, the mainnet swap begins right after the mainnet launch.

Crypto VIP Signal

28 Oct 2023 10:26

ADA analysis:

After hitting a major support area, the price has moved towards the resistance area. The resistance is located at the $0.30 level, and if the price manages to break above it, it is expected to reach the $0.34 resistance area. It is recommended to wait for a break above the resistance level before opening new entries.

Crypto VIP Signal

23 Oct 2023 22:07

LOKA Analysis :

LOKA is been kinda stuck in a range over the major support zone of $0.170 - $0.172 and Resistance Area around $$0.213 - $0.220. Currently, price looks kinda exhausted but holding the Trendline too. We have to wait for the price to give a breakout either side of the level.