#BTC

Stuck under resistance

The bulls couldn't immediately absorb the sellers at the $70000-72000 levels, and their time is running out. I think we'll see another attempt to beat the bears in the next few days 📈⁉️

If they fail, we'll likely head into a correction ⚠️
$BTC #DYOR

📊NEUTRAL: #IMXUSDT | (1D)
Current Price $2.49
Market Cap $3.69B
Change 1h -0.03% | 24h +4.72%
RSI: 57 - Neutral 🟠

As we analyze the IMX chart, we note its potential to surpass the crucial red resistance level and sustain above it. This may lead to a surge in price, indicating the start of a new bullish trend. Keep an eye on it as it could attract the interest of investors and analysts.
$IMX #DYOR

💰 #Dogecoin

I already have a Macro Chart for #DOGE and I am bullish on this coin🐃

In this post I would only want to say that it's one of the best investment at current levels IMO🚀 So do not miss!
$DOGE

In the daily time frame, a bullish harmonic pattern formed in the #XRP price chart and the price has broken the dynamic resistance and tested it again in 4hTF, so the failure confirmed.

The price is expected to start growing from this area. The first target is $0.6400.🚀

The support level is $0.4900-0.4700.
$XRP #dyor

#EDUCATIONL_POST
How Blockchain Works

1. Introduction to Blockchain
- Blockchain: A decentralized, distributed ledger that records transactions across many computers in such a way that the registered transactions cannot be altered retroactively. This ensures security and transparency.

2. Key Components
- Blocks: Each block contains a list of transactions. Once a block is completed, it is added to the chain.
- Chain: A sequence of blocks linked together. Each block contains a reference (hash) to the previous block.
- Nodes: Computers on the network that maintain and validate the blockchain. Each node has a copy of the entire blockchain.

3. Transaction Process
- Initiation: A transaction is initiated by a user and broadcast to the network.
- Verification: Network nodes validate the transaction using consensus mechanisms.
- Consensus Mechanisms: Methods used to agree on the validity of transactions. Common ones include:
- Proof of Work (PoW): Miners solve complex mathematical puzzles to validate transactions.
- Proof of Stake (PoS): Validators are chosen based on the number of coins they hold and are willing to "stake" as collateral.
- Inclusion in a Block: Validated transactions are grouped into a new block by miners or validators.
- Adding to the Blockchain: The new block is added to the blockchain, making the transaction permanent and immutable.

4. Security Features
- Hashing: Each block contains a unique hash of the previous block, ensuring that any alteration affects the entire chain.
- Decentralization: The distributed nature of blockchain makes it

#EDUCATIONAL_POST
Consensus Mechanisms: Proof of Work vs Proof of Stake

1. Proof of Work (PoW)

- Definition: Proof of Work is a consensus mechanism used to validate transactions and add new blocks to the blockchain by requiring participants (miners) to solve complex mathematical puzzles.

- How It Works:
- Mining: Miners compete to solve cryptographic puzzles using computational power.
- Validation: The first miner to solve the puzzle gets the right to add a new block to the blockchain.
- Rewards: The successful miner is rewarded with new cryptocurrency tokens and transaction fees.

- Characteristics:
- Security: High level of security due to the significant computational power required to alter the blockchain.
- Energy Consumption: Energy-intensive as it requires substantial computational resources.
- Decentralization: Promotes decentralization as anyone with the necessary computational power can participate.
- Examples: Bitcoin, Ethereum (before transitioning to PoS).

- Advantages:
- Proven security and reliability.
- Robust against attacks due to the high cost of controlling more than 50% of the network's computational power.

- Disadvantages:
- High energy consumption and environmental impact.
- Scalability issues due to the time and resources required for mining.

2. Proof of Stake (PoS)

- Definition: Proof of Stake is a consensus mechanism where validators are chosen to create new blocks and validate transactions based on the number of cryptocurrency tokens they hold and are willing to "stake" as collateral.

- How It Works:
- Staking: Validators lock up a certain amount of cryptocurrency as a stake.
- Validation: Validators are randomly selected to create new blocks and validate transactions based on their stake.
- Rewards: Validators receive transaction fees and, in some cases, additional cryptocurrency as rewards.

- Characteristics:
- Energy Efficiency: More energy-efficient than PoW as it does not require extensive computational power.
- stakes.
- Initial distribution of tokens can influence network control.

🚨Binance launches initiative to develop small and mid-capitalization projects🛍

The Binance exchange intends to address the problem of a significant presence on the market of tokens with a low capitalization to fully diluted value (FDV) ratio.

For this purpose, the platform is launching a new program to support small and medium-sized projects. For such projects, the platform will facilitate access to listing, Launchpool and Megadrop platforms, as well as provide other development opportunities.

I fill so much memes gonna be listed🤤

🚨Ripple Enters Stablecoin Market🚀

Ripple, known for its XRP Ledger, has announced the launch of its own stablecoin, competing with market leaders Tether and USDC. This move could significantly impact the stackablecoin market, adding a new level of competition and choice for users. Ripple also continues to develop its ecosystem, offering new financial tools and solutions that could strengthen its position in the cryptocurrency market

That's really good news for the project🔥

💰 Bitcoin ETF Inflow : 2024-05-24

#IBIT : $182.1M 🔥🔥
#FBTC : $43.7M
#BITB : $6.4M
#ARKB : $4.1M
#BTCO : $0.0K
#EZBC : $0.0K
#BRRR : $0.0K
#HODL : $15.6M
#BTCW : $0.0K
#GBTC : $0.0K

📊 Net Inflow : $251.9M 🚀

⚡ 7-day Avg : $219.4M 🚀

#1000PEPEUSDT 4H

NEW ROADMAP & ANALYSIS ➡️

🔰PEPE has pumped heavily in the last few days. It CAN retouch its ceiling if it CAN gather enough buy orders at the highlighted pullback zone.
Entry points, stoploss & targets are highlighted on the chart for you 🤫

#MEME $PEPE $BTC

RSI Map of Top 150 Coins (4h) 📊

⚡Market #RSI: 50.86

🟢Highest RSI🟢
81.91 | Fasttoken - $FTN
80.55 | Core - $CORE
75.42 | Brett - $BRETT
72.10 | Ondo - $ONDO
70.61 | Ether.fi - $ETHFI

🔴Lowest RSI🔴
26.66 | TRON - $TRX
32.90 | Helium - $HNT
33.90 | Arweave - $AR
35.94 | Tether Gold - $XAUT
36.20 | Cardano - $ADA
$ADA $TRX $ETHFI

📈LONG: #OGNUSDT | $OGN (1W)
Current Price $0.17
Market Cap $85.34M
Change 1h -3.51% | 24h +5.71%
RSI: 52 - Neutral 🟠

OGN Price Analysis: Targets for Continuation
Well be watching all key levels for OGNUSDT as we aim to capitalize on potential movements in the market. Our team is closely monitoring the important 0.27 global zone for accumulation, which we previously tested in May 2022. With over 2 years of accumulation, we anticipate that whales will begin to distribute this asset. Our first local zone of interest will be the M fvg + eq highs, with our short-term goal to break the take profit line and hit the 0.18 fib level. Keep an eye on the Money Power indicator for further insights.
$OGN #DYOR

📈LONG: #ETHUSDT | $ETH by TrendSurfersSignals (1H)
Current Price $3725.28
Market Cap $449.61B
Change 1h -0.27% | 24h +0.47%
RSI: 48 - Neutral 🟠

We, as a team, have conducted a thorough technical analysis on the ETH/USDT chart and present the key support and resistance levels highlighted in different colors on both 1-hour and 4-hour timeframes. Our analysis reveals a monthly resistance level of 4027.88 USDT for Ethereum against Tether. Overall, the Post-ETF ETHUSD Chart presents a clear movement in price.
$ETH

📊NEUTRAL: #BTCUSDT | $BTC by melikatrader94 (1H)
Current Price $69201.00
Market Cap $1363.76B
Change 1h -0.05% | 24h +2.90%
RSI: 57 - Neutral 🟠

The BTC chart shows a promising double bottom pattern with a trendline break, indicating a potential upward movement. Make sure to conduct thorough research before making any trading decisions. Our team expects a positive direction for BTC.
$BTC #dyor

🚨 Top 12 Crypto News in The Last Couple of Hours

1️⃣#Bitcoin(BTC) Surpasses 69,000 USDT with a Narrowed #3.32% Increase in 24 Hours

2️⃣#Bitcoin and Altcoins Experience Price Fluctuations, #Uniswap and #PEPE See Significant Gains

3️⃣#Delphi Digital Releases Detailed Analysis on #Bitcoin's Rollup Technology

4️⃣#US House of Representatives Passes the #FIT 21 Financial Innovation and Technology Act

5️⃣New Wallet Address Records $1 Million #DMT Investment, Sees 24% Profit

6️⃣#Bitcoin Whales Accumulate $1.4B Worth of BTC Amid Market Volatility

7️⃣#US Bank Foresees Inflation Risks Due to Strong Service Sector Spending

8️⃣#CEL Experiences Short-Term Breakthrough, Surges Over #130% In 24 Hours

9️⃣ #Ethereum Co-Founder Vitalik Buterin Proposes First Block on Taiko Mainnet

🔟#Solana Plans To Launch Full Version Of Firedancer Upgrade In 2025

1️⃣1️⃣#South Korean Regulators Face Pressure to Approve Cryptocurrency ETFs

1️⃣2️⃣ President #Biden May Veto Pro-Crypto Legislation Despite Bipartisan Support

Stay updated with the latest crypto news!

$BTC

⚡️ #BABYDOGEUSDT 1 DAILY UPDATE (SPOT)⚡️

➕ 46% profit from our first entry and since the reaction to the first zone was good I will update the setup accordingly (Setting smaller Targets and Stoploss)

🔼Direction: #LONG

➡️Entry Area 1: Around 0.0000000017 $ ✔️
➡️Entry Area 2: Around 0.0000000009 $ (Remove order for now)

🛍 Target Area:
One: 0.0000000022 $ ✔️
Two: 0.0000000033 $ (edited)
Three: 0.0000000041 $ (edited)

🔴Stoploss: Weekly Close below 0.0000000016 $ (edited)
#dyor

BTC (ANALYSIS)

Price got rejected from marked iFVG, and trading below it. If seller show aggression here then move towards downside onto marked zone is expected in it.

ETH (ANALYSIS)

Price is trading below marked supply zone, expecting a retest into supply zone as a double top and then rejection is expected from there and move towards downside will trigger in it.
#DYOR $BTC $ETH

#btc
Bitcoin Update: 71400$ Reversal Point?

After the "god candle," Bitcoin is finally taking a breather and moving sideways to the downside in shorter time frames.

Technical analysis suggests that such candles usually create imbalances in the market, leading to the appearance of random candles on the chart. However, by the end of the day, the market tends to balance itself at an appropriate price, whether higher or lower.

Once the market stabilizes, volume and movement return. Until then, there are only liquidation wicks on both sides.

The biggest challenge for Bitcoin is the $71,400 level. Bitcoin has never convincingly crossed this area; even when it did for the first time, it couldn't establish it as support. Recently, after the CPI results produced a "god candle," Bitcoin faced rejection at this same level and slowed down.

After some sideways movement and balancing, the bulls will likely attempt to break this level again. If they fail, the market could fall back to the $66,000-67,000 range. Trading in this market is quite difficult, so I'm using minimal margin and only taking scalp trades.$BTC
#DYOR

Analyze of #Kusama for you in a 1D time . we can have a MID-term view of KSM regarding the technical analysis.

➡️ On #KSM/USDT , we have a breakout from a triangle pattern, and the price retested that .
Consolidation above this area will be a strong confirmation of the trend change.

😀Resistance levels: $59.90 -  $61.80

✅ Due to the structure of the chart...

💥KSM has been Bearish Recently!
💥REEGULAR BULLISH Divergence
🔥Anticipating profit gains of over 60% in the coming days.
#DYOR $KSM

🇺🇸 US House passes market structure bill to regulate the crypto industry

The U.S. House of Representatives passed a crypto market structure bill that aims to regulate the industry at large, marking the first time comprehensive crypto legislation has been voted on in the full House. The House voted 279 to 136 on Wednesday to pass the Republican-led Financial Innovation and Technology for the 21st Century Act, also known as FIT21. Seventy-one Democrats voted in support of the bill, including former Speaker of the House Rep. Nancy Pelosi of California.

After the approval of Ethereum ETF, the next big thing in the crypto market, will be the approval of Solana Etf

🪙 Ethereum futures ETF daily trading volume hits all-time high as spot approval anticipation grows

Daily trading volume for Ethereum futures exchange-traded funds hit a fresh all-time high yesterday amid increasing anticipation of spot approvals from the U.S. Securities and Exchange Commission. The Ethereum futures ETFs generated $47.75 million in trading volume on Tuesday — 40% more than the prior $34.18 million peak set on March 5 as ether was approaching the $4,000 mark — building on their $23.67 million spike on Monday.

#DYOR

✨SAND/USDT

🎗 Trade Type = LONG 🟢

💫 Leverage :- 20x

⚡️ Entry = [ 0.4550 TO 0.4610 ]

❌ StopLoss :- 0.4342

✅Take profit = [ 0.4640 , 0.4690 , 0.4740 , 0.4790 , 0.4840 , 0.4900 ]
#DYOR #NFA $SAND

#BTC still on the consolidation and formed a new hourly support area. Price also made a triangle pattern, which could give a breakout either side. Both sides looks good enough to go, so eyes on it

The market is neutral today, with most alts in the red. BTC is now trading around $69 600, ETH is trading around $3 790.

📊The key stats for 24h:

🖤Market capitalization: $2.71T -0.43%

🖤BTC Domination: 50.47% -0.10%

🖤Trading volume - $50.88B -3.34%

🖤Longs/Shorts - 49.87% / 50.13%

🖤Fear and Greed Index: 66