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#BecomeCreator : Solana Price Analysis
Bullish players are trying to push Solana SOL240.66 $ above the short-term resistance of 248 dollars, but bearish players are unwilling to give in.
Daily candlestick chart of the SOL/USDT pair. Source: Cointelegraph/TradingView
The relatively flat 20-day EMA (231 dollars) and the relative strength index (RSI) in positive territory indicate a balance between supply and demand. If buyers manage to push the price above 248 dollars, the SOL/USDT pair could spike to 264 dollars and eventually to 300 dollars.
Alternatively, if the price falls below the 20-day EMA, it will suggest that the pair may trade between 210 dollars and 248 dollars for a while. The trend will favor bears if they manage to drag the pair below the 50-day simple moving average (205 dollars).$SOL
Bullish players are trying to push Solana SOL240.66 $ above the short-term resistance of 248 dollars, but bearish players are unwilling to give in.
Daily candlestick chart of the SOL/USDT pair. Source: Cointelegraph/TradingView
The relatively flat 20-day EMA (231 dollars) and the relative strength index (RSI) in positive territory indicate a balance between supply and demand. If buyers manage to push the price above 248 dollars, the SOL/USDT pair could spike to 264 dollars and eventually to 300 dollars.
Alternatively, if the price falls below the 20-day EMA, it will suggest that the pair may trade between 210 dollars and 248 dollars for a while. The trend will favor bears if they manage to drag the pair below the 50-day simple moving average (205 dollars).$SOL
🚨🗣 De.Fiers, repeat after us: there will be less $DEFI.
Starting today, the revenue generated by DeFi will be used to buyback & burn $DEFI.
Get the fire started. We need plenty of it! 🔥
Unfolding 4 main revenue sources to buyback & burn $DEFI:
• De.Fi Accelerator Revenue;
• Revenue generated from fees of Swap, Send & Bridge;
• De.Fi API Revenue;
• De.Fi PRO Revenue.
#BecomeCreator #defi #deFi #2024withBinance #BinanceExplorers
$XRP $ETH
Starting today, the revenue generated by DeFi will be used to buyback & burn $DEFI.
Get the fire started. We need plenty of it! 🔥
Unfolding 4 main revenue sources to buyback & burn $DEFI:
• De.Fi Accelerator Revenue;
• Revenue generated from fees of Swap, Send & Bridge;
• De.Fi API Revenue;
• De.Fi PRO Revenue.
#BecomeCreator #defi #deFi #2024withBinance #BinanceExplorers
$XRP $ETH
THE TECHNICAL ANALYSIS ON XRP THAT CHATGPT GIVES US TODAY, AND WHAT DO YOU ALL THINK?
The technical analysis of XRP (Ripple) for today, December 12, 2024, shows mixed signals with a predominance of bullish expectations, although with precautions at certain levels.
Current status:
• Current price: $2.43 USD, with an increase of 7.5% in the last 24 hours.
• Daily range: $2.38 to $2.50 USD  .
Key indicators:
1. Moving averages:
• Short-term (MA5 and MA10): Predominance of buying.
• Long-term (MA50 and MA100): Buy signals, although MA200 shows a slight sell  .
2. Technical indicators:
• RSI (Relative Strength Index): At a neutral level, close to 55, indicating a slight inclination towards the buying zone.
• MACD: Positive, bullish signal in development.
• ADX: Indicates moderate strength of the current trend, with no clear confirmation.
• Williams %R: In the selling zone, indicating possible short-term pullback .
3. Supports and resistances:
• Key resistance: $2.50 USD, breaking it could push the price to $2.75 USD.
• Support: $2.38 USD, a drop below could lead to a correction towards $2.30 USD  .
Summary and strategy:
XRP is showing signs of strength, driven by positive news and its growing institutional adoption. However, traders should monitor the $2.50 USD level as a key point. In case of a breakout, there could be more bullish momentum. On the other hand, maintaining support at $2.38 USD would be crucial to avoid a deeper correction.
Recommendation: For short-term positions, consider taking profits near key resistances and evaluate re-entries at support levels. Maintain caution in the face of high volatility.
$XRP #xrp #BecomeCreator
The technical analysis of XRP (Ripple) for today, December 12, 2024, shows mixed signals with a predominance of bullish expectations, although with precautions at certain levels.
Current status:
• Current price: $2.43 USD, with an increase of 7.5% in the last 24 hours.
• Daily range: $2.38 to $2.50 USD  .
Key indicators:
1. Moving averages:
• Short-term (MA5 and MA10): Predominance of buying.
• Long-term (MA50 and MA100): Buy signals, although MA200 shows a slight sell  .
2. Technical indicators:
• RSI (Relative Strength Index): At a neutral level, close to 55, indicating a slight inclination towards the buying zone.
• MACD: Positive, bullish signal in development.
• ADX: Indicates moderate strength of the current trend, with no clear confirmation.
• Williams %R: In the selling zone, indicating possible short-term pullback .
3. Supports and resistances:
• Key resistance: $2.50 USD, breaking it could push the price to $2.75 USD.
• Support: $2.38 USD, a drop below could lead to a correction towards $2.30 USD  .
Summary and strategy:
XRP is showing signs of strength, driven by positive news and its growing institutional adoption. However, traders should monitor the $2.50 USD level as a key point. In case of a breakout, there could be more bullish momentum. On the other hand, maintaining support at $2.38 USD would be crucial to avoid a deeper correction.
Recommendation: For short-term positions, consider taking profits near key resistances and evaluate re-entries at support levels. Maintain caution in the face of high volatility.
$XRP #xrp #BecomeCreator
Is this the end of Bitcoin?
Although only a few days have passed since Bitcoin broke the magical barrier of 100 dollars per coin, the rumor on social media is now mainly focused on its possible end. This is what some users started to think after Google revealed to the world its latest quantum chip Willow with incredible computing power a few days ago, because, according to some users, it could, so to speak, kill Bitcoin. Even considering these concerns, the value of this cryptocurrency fell slightly.
Fortunately, my investments are just investments. I don't depend on them to survive#BecomeCreator #TopCoinsSeptember2024 $BTC
📊 In T4h King Bitcoin is trading at 99.7k gaining momentum in a bullish trend, while DXY is slightly correcting downwards at the beginning of the weekly chart.
💡Remember the market correlation, it is key to see the possible movements of the main assets in the world:
📉 DXY down
📈 BTC - Euro/Dollar - Gold and S&P 500 up
𝕾𝖙𝖗𝖊𝖊𝖙 𝕿𝖗𝖆𝖉𝖊𝖗𝖘®
#AnalisisTecnico
#KingBitcoin #EUR #BecomeCreator
$BTC $EUR $PAXG
#Streetraders
💡Remember the market correlation, it is key to see the possible movements of the main assets in the world:
📉 DXY down
📈 BTC - Euro/Dollar - Gold and S&P 500 up
𝕾𝖙𝖗𝖊𝖊𝖙 𝕿𝖗𝖆𝖉𝖊𝖗𝖘®
#AnalisisTecnico
#KingBitcoin #EUR #BecomeCreator
$BTC $EUR $PAXG
#Streetraders
REMEMBER WE ARE GOING TO BREAK A NEW RECORD TODAY $USUAL A 1$ CHECK MY LAST POST.
#TopCoinsSeptember #BecomeCreator #pepe1dolar #dogeverse #PEPEATH
#TopCoinsSeptember #BecomeCreator #pepe1dolar #dogeverse #PEPEATH
$USUAL EARNS MONEY, USUAL HAS SOMETHING STRANGE, IT ALWAYS ENDS UP RISING EVERY DAY, always during the night and in the morning it always breaks a new high, today we stayed at 0.897 and I think it will break that high, what will happen, it will go up from 0.9 to 0.955 and it will stay at 0.9, then you know we will go to $1 📈 and once we reach $1, remember my words, we will go to $2 faster than you think.
THERE ARE ONLY 4 DAYS LEFT 🤑 for it to go up more and more because you know every time we get closer to December 15th when it is listed, more hype is created.
I wouldn't be surprised if once we hit the market it goes up to $3 or $2, even more, once the whales arrive, everything will go up #usual1dolar
WHAT DO YOU THINK? TELL ME YOUR PREDICTIONS AND IF YOU COME CLOSER, MAYBE I'LL GIVE YOU A GIFT 🎁
{spot}(USUALUSDT)
#Bitcoin! #PepeCoinToTheMoon #DogeStrong #Ethereum✅
THERE ARE ONLY 4 DAYS LEFT 🤑 for it to go up more and more because you know every time we get closer to December 15th when it is listed, more hype is created.
I wouldn't be surprised if once we hit the market it goes up to $3 or $2, even more, once the whales arrive, everything will go up #usual1dolar
WHAT DO YOU THINK? TELL ME YOUR PREDICTIONS AND IF YOU COME CLOSER, MAYBE I'LL GIVE YOU A GIFT 🎁
{spot}(USUALUSDT)
#Bitcoin! #PepeCoinToTheMoon #DogeStrong #Ethereum✅
The Market Psychology Cycle: How It Shapes Highs and Lows
#BecomeCreator
The cryptocurrency market is famous for its volatility. Tokens like $BTC , $ETH , $XRP , Solana, BNB, Ethena (ENA), and many others often experience intense price fluctuations in short periods. It is exactly this volatility that attracts the attention of investors, as this price alternation brings greater opportunities for substantial gains, enough to change the financial level of those who choose to invest in knowledge before buying that 'hyped coin.' But behind these market movements, there is a deep psychological pattern known as the market psychology cycle. Understanding this cycle helps investors avoid emotional traps and make more rational decisions.
The cryptocurrency market is famous for its volatility. Tokens like $BTC , $ETH , $XRP , Solana, BNB, Ethena (ENA), and many others often experience intense price fluctuations in short periods. It is exactly this volatility that attracts the attention of investors, as this price alternation brings greater opportunities for substantial gains, enough to change the financial level of those who choose to invest in knowledge before buying that 'hyped coin.' But behind these market movements, there is a deep psychological pattern known as the market psychology cycle. Understanding this cycle helps investors avoid emotional traps and make more rational decisions.
#MyFirstSquarePost I just joined Binance Square. Love sharing and connecting with everyone here! #becomecreator
#MyFirstSquarePost
#BecomeCreator
#SOL to Binance Square, thrilled to share and connect with everyone here!
#BecomeCreator
#SOL to Binance Square, thrilled to share and connect with everyone here!
BNB/USDT bulish soon $ $ next 1-2
Month
#BecomeCreator
#MyFirstSquarePost New to Binance Square,
thrilled to share and connect with everyone
here!
Month
#BecomeCreator
#MyFirstSquarePost New to Binance Square,
thrilled to share and connect with everyone
here!
BNB/USDT bluish soon 🔜 $$ next 1-2 month
#BecomeCreator
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
#BecomeCreator
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
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