Bitcoin has struggled to maintain the $95,000 level, and as anticipated, the price has dropped to a lower support area. There is strong buying pressure at this support level. The first target to reclaim is $95,000.
Читать полностью…Educational Post
What Is Phantom Wallet?
Phantom Wallet is a non-custodial cryptocurrency wallet. Although it was initially designed for the Solana blockchain, Phantom now supports multiple chains, including Solana, Ethereum, Base, Polygon, and Bitcoin. Being non-custodial means that Phantom Wallet doesn’t hold your private keys and seed phrases, so users have total control over their keys and digital assets.
Phantom Wallet serves as a gateway for users to manage their cryptocurrencies and NFTs (non-fungible tokens). Similar to other Web3 wallets, Phantom also allows you to interact with decentralized finance (DeFi) platforms and applications (DApps).
AAVE has broken out of the symmetric triangle pattern downward, and the price has now reached the lower support area. You can consider opening a long position at this support level with a stop loss in place, as we may see a bounce from here.
Support Area: $290-$297
Bitcoin is currently experiencing significant selling pressure due to news about the HMPV virus. There are concerns that this situation could mirror the impact of COVID-19 and trigger a global market crash. However, we might see a quick rebound once the fear, uncertainty, and doubt (FUD) subside. If Bitcoin breaks below $95,000, it could drop to the support range of $90,000 to $92,000.
Читать полностью…💥Exciting news, dear members! In response to Massive demand from our community, we're thrilled to announce that our next 50X-100X MEGA PUMP SIGNAL will be hosted at MEXC. Get ready to ride the wave of opportunity with us💥
Date: 12-January-2025 Sunday
Time: 5 PM GMT
Pairing: USDT
Exchange: MEXC
Advantage: Free For All
With the success of our previous MEGA PUMP SIGNALS #YOLO(3200%) #JWIF(+2500%) #VTS(+3500%) #FRTN(+6500%) #JET(+10600%) #TWIF(+2800%) on MEXC, we are ready to announce our next MEGA PUMP SIGNAL on MEXC which will remain in TOP gainers list for multiple weeks.
#BTC is holding strong above 98k support and Alts are gearing up for a HUGE rally🚀 With #BTC.D dropping, it's perfect time for our next 100X MEGA PUMP SIGNAL on MEXC exchange -a skyrocket that’s about to deliver insane profits like never before!
We believe that with our massive buying power we will be able to reach 50X-100X easily possibly even more. we have decided to schedule our next MEGA PUMP SIGNAL in 5 days to make sure that we are fully prepared. Our main goal for this MEGA PUMP SIGNAL will be to make sure that every single member in our group makes a massive profit. We welcome everyone to join us as we create the next big event all traders and investors all over the world have been waiting for. Our team is validating bunch of amazing projects which are so undervalued but have best potential. Meanwhile you can transfer USDT on your MEXC spot account! so you don't miss this great opportunity!
Our whales assured guaranteed 50X -100X gains for upcoming MEGA PUMP SIGNAL! This one is set to outshine all our past successes in terms of volume and percentage gain as More than 2Million active participants are ready to take advantage of this MEGA PUMP event! This signal could potentially make you a significant and massive amount of profits within a short period of time. If you’re ready to ride the wave to the moon, Make sure you have USDT available in your MEXC spot account! Stay tuned for upcoming instructions to ensure all our members are geared up for MEXC MEGA PUMP SIGNAL.
Prepare for HUGE profits-it's go time🚀
HBAR has bounced back after testing the triangle line, as anticipated. The long position is now over 11% profitable from our entry point. You can adjust the stop loss to the breakeven point and continue to hold the trade. We should see a nice rally once the resistance is broken.
Resistance Area: $0.33-$0.337
NEXO analysis:
Price is now approaching the resistance area; let's see how it reacts there. We will only open new long positions after a break above the resistance area.
Resistance Area: $1.48-$1.56
🚨 Breaking: MicroStrategy continues its Bitcoin buying spree! 🚨
They've acquired 1,070 BTC for ~$101 million, averaging ~$94,004 per Bitcoin.
Michael Saylor's unwavering confidence in Bitcoin remains unmatched!
AAVE analysis:
The price is currently trading within a symmetric triangle, and we are anticipating a breakout from this formation. A breakout to the upside would be bullish and likely lead to continued upward movement. We plan to open a new long position once the price breaks above the resistance area.
Resistance Area: $355-$360
NEIRO analysis:
The price has bounced off the support area, and accumulation is still occurring. You can purchase some NEIRO now and consider adding more if the price drops to the support level again. We can expect a significant rally once the resistance area is broken.
Support Area: $0.00075-$0.00095
Resistance Area: $0.00126-$0.00137
HBAR analysis:
Price broke the symmetrical triangle in an upward direction and is now retesting it. You can open a long position at the retest. We expect to see a continuation of the upward movement in the coming days.
Support Area: $0.30-$0.305
Resistance Area: $0.33-$0.337
ONE analysis:
Price is currently trading between the support and resistance levels. This area is not ideal for trading, and it's better to wait for a more favourable opportunity for new long positions.
Support Area: $0.0235-$0.025
Resistance Area: $0.0374-$0.0398
BONK continues its upward movement, and the long position has printed over 27% profit. You can increase your stop loss to break even and hold this position.
Resistance Area: $0.00004130-$0.00004460
Bitcoin continues its upward movement after the retest. The price reached the upper resistance level and was rejected on the first attempt. We may see some sideways movement over the weekend, followed by action on Monday.
Читать полностью…According to Glassnode, Ethereum Spot ETF witnessed a massive $2.05 billion net inflow in December, marking its highest monthly total since inception. 🚀 However, despite this surge in institutional capital, ETH couldn’t escape downside volatility, closing the month with a 10% loss. 📉
Читать полностью…ARK analysis:
Price is currently testing the resistance area; we will see how it reacts. This is a no-trade zone, so it is better to wait for a better opportunity.
Support Area: $0.388-$0.437
Resistance Area: $0.625-$0.67
In 2024 alone, ETFs and public companies have collectively purchased 859,454 BTC—a staggering 4.3% of the circulating supply absorbed in just one year.
To put it in perspective, this is roughly equivalent to 8 years' worth of Bitcoin issuance!
In the past 24 hours, Bitcoin dropped 4.7% and Ethereum plunged 7.7%, leading to massive liquidations across the market.
A total of 171,687 traders were liquidated, with a combined value of $542 million, predominantly $484 million in long positions. The largest single liquidation occurred on Binance, where an ETHUSDT position worth $17.7449 million was wiped out.
LUMIA analysis:
Price is currently approaching a retest of the support area. This is the zone for new entries, and you can place your buy orders within this zone. We may observe some accumulation before the next movement.
Support Area: $1.20-$1.30
Resistance Area: $1.47-$1.54
RENDER analysis:
Price is slowly approaching the resistance area; let's see how it reacts. This is not a trade zone, so it's better to wait for a good opportunity.
Support Area: $6.60-$7.00
Resistance Area: $9.90-$10.55
Bitcoin began the week with significant upward movement. The price broke through the resistance area and is now retesting it. We might see a continuation of this upward trend in the coming days.
Resistance Area: $105,000
BTC ETF Highlights for December:
✅ Largest inflows:
- BlackRock's IBIT: $5.51B
- Fidelity DigitalAssets FBTC: $352.83M
❌ Biggest outflows:
- Grayscale: -$997.59M
- Ark 21Shares: -$193.94M
Institutional movements shaping the Bitcoin market!
XLM has broken the downtrend channel and surged significantly. The price is currently testing the resistance area, and a breakout above this resistance would be bullish. You can consider adding more XLM if the price rises above the $0.47 level.
Resistance Area: $0.453-$0.47
Bitcoin has broken through the resistance area and is now trading above it. This is a positive sign, and we can expect a clear movement once the US market opens.
Читать полностью…The selling pressure has pushed ICP below the support area. However, the price is now demonstrating good strength. If you opened a long position at the support level, you are now seeing a profit of over 18%. It’s advisable to raise your stop loss to the breakeven point and hold on to the trade.
Resistance Area: $15.20-$15.80
Bitcoin is currently trading sideways as expected, and we anticipate similar movement today. All eyes are on the opening of global markets on Monday, so let's see how the price reacts.
Читать полностью…Net realized coins represent the total number of coins aligning with the daily change in realized cap, adjusted for price. When aggregated over 155 days and compared to the short-term holder (STH) supply, an interesting pattern emerges:
Historically, net realized coins have surpassed the STH supply following periods of intense market euphoria, signaling potential shifts in market dynamics. This metric continues to be a crucial indicator of sentiment and market behavior.
We nailed the perfect entry once again! The UNI trade is now over 20% in profit from our second entry. You can safely move your stop loss to the breakeven point and continue holding the trade.
Resistance Area: $18.50–$20
SAGA Analysis:
The price is currently attempting to reclaim the level. We will only open a long position after a candle closes above this level. A closing candle above $1.80 would be a bullish sign, indicating that we could see a solid rally thereafter.
Resistance Area: $1.60 - $1.80
STX has fallen below the uptrend line support but has since reclaimed it. Therefore, we recommend waiting for a while before making new entries. The price has not yet managed to break through the resistance area, so we will only consider new buy positions if it moves above that resistance level.
Читать полностью…