Crypto VIP Signal

10 Jun 2024 20:44

SKL analysis:

Price has now reached a major resistance area. A bounce may occur, so consider opening a small long position with a tight stop loss.

Support Area: $0.063-$0.0662

Resistance Area: $0.0718-$0.0732

Crypto VIP Signal

09 Jun 2024 08:01

Bitcoin is currently trading sideways after a decline. The good news is that the price is holding above the support area. We expect to see more sideways movement over the weekend and some action on Monday when the global markets open.

Crypto VIP Signal

08 Jun 2024 15:39

Educational Post

What Are Recursive Inscriptions?

Recursive inscription involves embedding information within itself, creating a loop of reference or self-reference. It’s a concept present in various fields, from mathematics to computer science and even literature. While the term can be found in different domains, its emergence in the cryptocurrency space, particularly in Bitcoin, has sparked interest and debate.

How Recursive Inscription Works?

Recursive inscription refers to a process where data or information is retrieved from existing inscriptions to generate new ones. This process involves a chain of references, where each inscription builds upon its predecessors, creating a recursive loop of data retrieval and utilization.

Recursive Inscriptions in Crypto

In the context of cryptocurrency, recursive inscriptions enable developers to circumvent certain limitations and explore new possibilities within the blockchain space.

In Bitcoin, recursive inscriptions were inspired by ordinal inscriptions, introducing the concept of data retrieval from existing inscriptions. This mechanism enables developers to create new inscriptions using data from previous ones, effectively bypassing constraints such as block size limits.

Recursive inscriptions utilize a series of calls or references to extract and integrate data from existing inscriptions into new ones. This process can support complex software, including smart contracts and decentralized applications (DApps), directly on the Bitcoin blockchain.

Challenges

Despite its potential benefits, recursive inscriptions may present some challenges. Introducing large volumes of data through recursive inscriptions could potentially strain the Bitcoin network's scalability. The influx of data may lead to increased network congestion and higher transaction fees. It’s also important to ensure the security of data and transactions within recursive inscriptions, as any vulnerability could lead to potential exploits or attacks.

Crypto VIP Signal

07 Jun 2024 20:36

MTL analysis:

The price broke the rising wedge pattern in a downward direction and continued its downward movement. The price dropped significantly today due to the overall market decline, but it is now holding the support area. You can consider opening a small long position here with a tight stop loss, as we may see a bounce from this level.

Support Area: $1.28-$1.35

Crypto VIP Signal

07 Jun 2024 14:08

TON is experiencing a strong upward rally and the price has broken through the downtrend resistance line. The price currently trades above the resistance line, which is a positive sign. We expect the upward movement to continue, leading to a new all-time high. It's recommended to refrain from opening new long positions; instead, hold onto existing positions with a trailing stop loss.

Crypto VIP Signal

05 Jun 2024 19:55

HFT analysis:

Price trades within a triangle pattern, and we anticipate a breakout soon. As this is a no-trade zone, waiting for the triangle pattern to break before making the next move is best.

Crypto VIP Signal

03 Jun 2024 20:32

SUI analysis:

The price has broken out of the larger falling wedge pattern in an upward direction, and now a smaller falling wedge pattern has formed on the daily time frame. We should wait for a break above the resistance area or a test of the support area before considering new entries.

Support Area: $0.976-$1.00

Resistance Area: $1.05-$1.08

Crypto VIP Signal

30 May 2024 15:18

UNI analysis:

Price experienced a significant upward movement after prolonged accumulation/sideways action. It broke through the resistance area and is currently retesting it. Consider initiating long positions around the support area.

Support Area: $10.35-$10.60

Resistance Area: $11.65-$11.80

Crypto VIP Signal

30 May 2024 08:56

Bitcoin maintains the support area at $67,000, which is a positive sign. The market conditions remain unchanged, and we will monitor how the price responds at the support level. The US market is showing mixed signals.

Crypto VIP Signal

29 May 2024 18:47

$TWIF is set to launch on #DigiFinex at 10:00 UTC, June 3rd! Listing price will be $0.04, as per DigiFinex's official tweet🔥: https://x.com/digifinex/status/1795777359280525677?s=46

This means we are getting $TWIF at very cheap price currently. Grab it and be a early bird of this massive journey🚀

Tier1 exchange listing is also in pipeline as per their official tweet, which means this will surely skyrocket in the next few days.

PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

Uniswap buy link: https://app.uniswap.org/#/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

MEXC buy link : https://www.mexc.com/exchange/TWIF_USDT

Crypto VIP Signal

29 May 2024 12:46

ETH has rebounded from the support area as expected, signalling a positive trend for the altcoin market. ETH often leads the way for altseason. We may expect further upward movement, with the major resistance level at $4000. A break above $4000 will be bullish.

Crypto VIP Signal

29 May 2024 07:36

Bitcoin has rebounded from the support area and is now approaching the $69,000-$70,000 resistance. Let's see how the price reacts to this area. Nothing has changed in the market yet.

Crypto VIP Signal

28 May 2024 22:34

KEY made a high of $0.008717 today. That is more than 30% profit in spot pair and more than 300% profit with 10x leverage on futures. You can book some profit on future position or hold the rest with trailing Stop loss.

Crypto VIP Signal

28 May 2024 12:20

MATIC analysis:

Price is currently trading in an ascending triangle and is now near the resistance area. A good upward movement is expected if the price breaks above the resistance area. Only open long positions after a breakout.

Resistance Area: $0.75-$0.77

Crypto VIP Signal

27 May 2024 20:02

FARM analysis:

The price has broken out of the large triangle pattern and is now forming a small falling wedge on lower time frames. We might see a breakout of this pattern and a continuation of the upward movement. You can consider opening a small long position here with a tight stop loss.

Resistance Area: $79.50-$80.00

Crypto VIP Signal

10 Jun 2024 08:06

Bitcoin continues the sideways movement and nothing has changed yet. A break above $70,000 is bullish and let's see if the price can break above it. We see some action today when the US market opens.

Crypto VIP Signal

08 Jun 2024 20:21

GALA analysis:

Price is currently trading in a narrow range and approaching the support area. Consider opening a long position at the support zone. Expect some sideways movement before the next significant move.

Support area: $0.0337-$0.0364

Resistance Area: $0.050-$0.0525

Crypto VIP Signal

08 Jun 2024 07:02

Bitcoin encountered strong resistance and faced a price drop due to the US Dollar Index's significant strength yesterday. Gold and Silver also experienced substantial declines. Currently, BTC is holding steady at the $69,000 level. We need to monitor if the price maintains its position above this level. A break below $69,000 would be considered bearish and could push the price towards the $64,000-$65,000 range.

Crypto VIP Signal

07 Jun 2024 15:02

Educational Post

What Is a Sybil Attack?

A Sybil attack is a type of cyber attack where a malicious entity creates and controls multiple fake identities or nodes on a peer-to-peer network to gain a disproportionate influence over the network. Typically, the attacker creates numerous pseudonymous identities that appear to be distinct entities, aiming to outnumber and overpower the legitimate nodes.

How Sybil Attacks Work

In a Sybil attack, the attacker creates a large number of fake accounts, nodes, or identities on a network. These fake identities are then used to manipulate the network's operations, voting outcomes, or consensus mechanisms by overwhelming the legitimate nodes.

The attacker often exploits the open and pseudonymous nature of peer-to-peer networks, where identities are cheap to create and difficult to validate. By controlling a majority of nodes, the attacker can potentially censor transactions, reverse transactions (double-spending), or disrupt the network's operations.

Crypto VIP Signal

07 Jun 2024 11:29

SEI is currently testing the triangle resistance line. Let's see if the price can break the triangle. If you have opened long positions at the support area, then increase your stop loss and hold the position. A break above the triangle resistance line will send the price towards the next major resistance area.

Resistance Area: $0.54-$0.546

Major Resistance Area: $0.637-$0.673

Crypto VIP Signal

04 Jun 2024 13:51

MATIC is approaching the decision zone of the triangle, which will determine its next move. The resistance level remains unchanged, and we will wait to see if the price can break above it. Currently, this is not a trade zone, so waiting for some time is better.

Crypto VIP Signal

03 Jun 2024 09:03

Countdown Alert! Less than 3 hours until $TWIF Launches on DigiFinex! 🌐

• Listing Price: $0.04🚀

• Check out the full information on DigiFinex's official announcement : https://support.digifinex.com/hc/en-us/articles/33132277095321--New-Coin-Listing-Tomwifhat-TWIF-Launches-on-DigiFinex

• Currently available on MEXC, PancakeSwap and Uniswap

🥞PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

🦄Uniswap buy link: https://app.uniswap.org/#/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

Ⓜ️MEXC buy link : https://www.mexc.com/exchange/TWIF_USDT

Crypto VIP Signal

30 May 2024 11:37

SHIB analysis:

Price is trading in a triangle pattern, and the breakout determines the next move. It's advisable to wait for some time for new entries as we may see a breakout on either side.

Support Area: 2360-2420

Resistance Area: 2810-2880

Crypto VIP Signal

29 May 2024 21:41

DYDX analysis:

The price is forming a falling wedge pattern, and we may see a break of this pattern soon. There is a major resistance level just above the falling wedge pattern. It's better to wait for a break above the resistance area for new entries.

Major Resistance: $2.23-$2.32

Crypto VIP Signal

29 May 2024 15:04

BlackRock's spot Bitcoin ETF (IBIT) has surpassed Grayscale (GBTC) in just 20 weeks. All the Grayscale selling pressure is being absorbed by BlackRock, highlighting massive buying interest and limited supply. This is a significant milestone in the crypto market.

Crypto VIP Signal

29 May 2024 09:51

MEME has broken the triangle pattern in an upward direction, and the price is now testing the resistance area. Meme coins are showing strong upward movement, and we expect a breakthrough of this resistance area. You can consider opening a long position after a break and a candle close above the resistance area.

Resistance Area: $0.0316-$0.033

Crypto VIP Signal

29 May 2024 06:06

Notice of Removal of Spot Trading Pairs - 2024-05-31
https://www.binance.com/en/support/announcement/02cf89d1fada444b99ab06c0cce99338

Crypto VIP Signal

28 May 2024 21:14

FRONT analysis:

The price encountered resistance at the downtrend line, but we may witness a significant move from the support area. FRONT is migrating to the Self Chain, and there could be a rally due to this migration news. Consider adding some FRONT at the support area.

Support Area: $1.00-$1.07

Resistance Area: $1.27-$1.32

Crypto VIP Signal

28 May 2024 08:32

Bitcoin broke the triangle pattern in an upward direction but was unable to sustain the upward movement. The price is currently holding above the $67,000 support area, which is a positive sign. If the price breaks below this support area, we may see a move toward the $65,000 support area.

Crypto VIP Signal

27 May 2024 16:36

The Short-Term Holder (STH) supply is currently at 3.36 million BTC. During the recent market correction, over 2.14 million BTC (63.2%) were in an unrealized loss. However, as the market rallies back above $70k, this has decreased to just 230k BTC (6.8% of the total).

Despite many coins being close to the current spot price, very few are now in an unrealized loss. This significantly reduces the risk of a market downturn due to heavy selling pressure. The market appears more stable with fewer coins at a loss.