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. 🚀

Crypto VIP Signal

08 Mar 2024 16:35

Bitcoin New All Time High 🚀🚀

Crypto VIP Signal

08 Mar 2024 09:41

The market cap of altcoins (TOTAL2) is currently trending upwards and approaching a resistance area. It remains to be seen how the market will respond once it reaches this point, but if it manages to break above the resistance area, it would be a bullish sign. It's important to book profits and practice proper risk management.

Resistance Area: $1.20-$1.25 Trillion

Crypto VIP Signal

07 Mar 2024 20:09

MDX achieved first target. Price made a high of 0.0838, that is more than 17% profit from our entry. Our team is working hard to find good trades. Pin our channel on top to never miss a signal and share it with your friends and family.

Crypto VIP Signal

07 Mar 2024 19:24

#UFT on verge of breakout on higher timeframe

Things will heat up after breakout so don’t miss this golden opportunity to join the ride🚀

Crypto VIP Signal

07 Mar 2024 19:16

FIDA experienced a significant pump today and is on track towards our third target. We've already gained over 72% profit from our entry. It's a good opportunity to consider either booking profit or holding the position with a trailing stop loss. Our analysis team consistently identifies the best setups in the market. Pin our channel on top to never miss a signal.

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

08 Mar 2024 20:27

OSMO analysis:

Price is rejected from the resistance area. You can open long positions if the price comes near the support area. We may see a bounce from the support area.

First Support: $1.50-$1.55

Second Support: $1.34-$1.42

Resistance Area: $1.75-$1.80

Crypto VIP Signal

08 Mar 2024 15:29

Educational Post

What Is Spot Trading?

Spot trading is a direct and immediate form of trading, with transactions settling instantly and without any kind of leverage. It’s one of the most basic forms of trading and can be done with a variety of asset classes, such as cryptocurrencies, stocks, commodities, forex, bonds, and more.

Although spot trading may occur directly between traders, transactions are usually facilitated by an exchange like Binance.

What’s the Difference Between Spot Markets and Futures Markets?

Spot markets execute instant or short-term trades with immediate delivery, while futures markets involve contracts that set delivery for a future date. Spot trading relies on the current market price based on supply and demand. Futures contracts, on the other hand, are based on agreements between buyers and sellers.

What’s the Difference Between Spot Trading and Margin Trading?

Spot trading requires full asset purchase and immediate delivery, while margin trading allows borrowing funds to enter larger positions. Margin trading amplifies both potential profits and losses, offering increased risk and reward.

Crypto VIP Signal

08 Mar 2024 06:04

Bitcoin is currently holding above $65,000, which is a good sign for the market. However, there is a small downtrend line that is acting as a resistance area. The major resistance remains the same at the $69,000-$70,000 area. The support area remains unchanged.

Crypto VIP Signal

07 Mar 2024 19:33

OGN analysis:

Price tested the support area and immediately bounced from there, indicating a potential opportunity for opening long positions if the price drops towards the support area. We may see a test of the resistance area in the coming days.

Support Area: $0.165-$0.17

Resistance Area: $0.25-$0.265

Crypto VIP Signal

07 Mar 2024 19:19

If you missed massive profits in #FIDA

Don’t sleep on #UFT👀

Crypto VIP Signal

07 Mar 2024 19:14

WAN is moving as expected, and the first target has been achieved. There has been over a 13% profit from the entry point. You can maintain the long position with a trailing stop loss.