Crypto ProFessor87
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26 Patika
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Tulkot
Is a Bullish Recovery in Sight?
The daily chart shows that XRP is testing a crucial resistance zone (highlighted in red) around $2.51 after rebounding from the 100-day Simple Moving Average (SMA), which has acted as a strong dynamic support. This le#vel is a key inflection point—whether XRP breaks above it or gets rejected will determine the next major price movement.#MtGoxTransfers #MarketRebound #MtGoxTransfers $XRP #MtGoxTransfers $XRP
$BTC
The daily chart shows that XRP is testing a crucial resistance zone (highlighted in red) around $2.51 after rebounding from the 100-day Simple Moving Average (SMA), which has acted as a strong dynamic support. This le#vel is a key inflection point—whether XRP breaks above it or gets rejected will determine the next major price movement.#MtGoxTransfers #MarketRebound #MtGoxTransfers $XRP #MtGoxTransfers $XRP
$BTC
Tulkot
On-Chain Metrics Soar
Despite the recent crash, XRP investors appear to be seizing the opportunity to accumulate at lower levels. According to crypto analyst Ali Martinez, on-chain data reveals that the number of active XRP addresses has surged by an astonishing 620% in the past week, jumping from 74,589 to 462,650.#WhiteHouseCryptoSummit #MtGoxTransfers #USJobsSlump #BBWDocuSeries
Despite the recent crash, XRP investors appear to be seizing the opportunity to accumulate at lower levels. According to crypto analyst Ali Martinez, on-chain data reveals that the number of active XRP addresses has surged by an astonishing 620% in the past week, jumping from 74,589 to 462,650.#WhiteHouseCryptoSummit #MtGoxTransfers #USJobsSlump #BBWDocuSeries
Skatīt oriģinālu
Kriptovalūtu tirgus rāda atlabšanas pazīmes pēc tam, kad pirmdien un otrdien piedzīvoja vienu no straujākajiem pārdošanas viļņiem. Nesens kritums lielā mērā bija saistīts ar ASV prezidenta Donalda Trampa tarifu politiku, kas izraisīja panikas pārdošanu galvenajos aktīvos, tostarp Bitcoin (BTC) un XRP.
Tomēr ir iespēja, ka situācija var mainīties, jo tirgus noskaņojums uzlabojas. Galvenais katalizators šodienas atlabšanai ir ASV Tirdzniecības sekretāra paziņojums, kurš norāda, ka Tramps varētu samazināt tarifus uz Kanādu un Meksiku vēl šodien (trešdien).
Šīs ziņas ir ieviesušas optimismu tirgū, paaugstinot XRP cenu par vairāk nekā 10%, no 24 stundu zemākā līmeņa $2.27 līdz pašreizējam līmenim $2.51. #WhiteHouseCryptoSummit #MtGoxTransfers #USJobsSlump $BTC
$XRP
Tomēr ir iespēja, ka situācija var mainīties, jo tirgus noskaņojums uzlabojas. Galvenais katalizators šodienas atlabšanai ir ASV Tirdzniecības sekretāra paziņojums, kurš norāda, ka Tramps varētu samazināt tarifus uz Kanādu un Meksiku vēl šodien (trešdien).
Šīs ziņas ir ieviesušas optimismu tirgū, paaugstinot XRP cenu par vairāk nekā 10%, no 24 stundu zemākā līmeņa $2.27 līdz pašreizējam līmenim $2.51. #WhiteHouseCryptoSummit #MtGoxTransfers #USJobsSlump $BTC
$XRP
Tulkot
#FTXrepayment Future Insights: Navigating a Volatile Market
As Bitcoin grapples with renewed bearish sentiment, traders must remain vigilant of the fluctuating market landscape. The growing preference for assets like gold suggests a shift that could redefine how cryptocurrencies, particularly Bitcoin, are perceived in times of economic uncertainty.
The implications of this shift mean that investors may need to reassess their strategies and outlook for Bitcoin as part of a diversified portfolio. The upcoming White House Crypto Summit on March 7 may provide further insights into regulatory approaches and potential changes that could influence market dynamics.$XRP $BTC $ETH
#TrumpCongressSpeech #GPSonBinance #GPSonBinance #USTariffs
As Bitcoin grapples with renewed bearish sentiment, traders must remain vigilant of the fluctuating market landscape. The growing preference for assets like gold suggests a shift that could redefine how cryptocurrencies, particularly Bitcoin, are perceived in times of economic uncertainty.
The implications of this shift mean that investors may need to reassess their strategies and outlook for Bitcoin as part of a diversified portfolio. The upcoming White House Crypto Summit on March 7 may provide further insights into regulatory approaches and potential changes that could influence market dynamics.$XRP $BTC $ETH
#TrumpCongressSpeech #GPSonBinance #GPSonBinance #USTariffs
Tulkot
#TrumpCongressSpeech Market Response to Economic uncertainties
In light of the recent U.S. trade policies, both stocks and cryptocurrencies have taken a hit. The S&P 500 and Nasdaq Composite Index dropped by 1.76% and 2.64%, respectively, further confirming the trend of risk aversion among investors. Meanwhile, gold prices are gaining traction as a preferred asset.
This change in sentiment highlights the stark contrast between Bitcoin and gold’s price performances; while gold has risen over 10% this year, Bitcoin has decreased by approximately 10% since January 1st, demonstrating a clear shift in investor confidence.$BTC $ETH #WhiteHouseCryptoSummit $BTC
In light of the recent U.S. trade policies, both stocks and cryptocurrencies have taken a hit. The S&P 500 and Nasdaq Composite Index dropped by 1.76% and 2.64%, respectively, further confirming the trend of risk aversion among investors. Meanwhile, gold prices are gaining traction as a preferred asset.
This change in sentiment highlights the stark contrast between Bitcoin and gold’s price performances; while gold has risen over 10% this year, Bitcoin has decreased by approximately 10% since January 1st, demonstrating a clear shift in investor confidence.$BTC $ETH #WhiteHouseCryptoSummit $BTC
Tulkot
Bitcoin’s Image as a Safe Haven Diminishes
Recent developments indicate that Bitcoin’s role as a safe haven asset is increasingly being questioned. As tensions escalate with new U.S. trade tariffs impacting relations with Canada and Mexico, many traders are redirecting their investments toward more stable commodities.
Data shows that the BTC/USD pair suffered a significant decline of $10,000 within just 24 hours, as reported by Cointelegraph Markets Pro and TradingView. This downturn coincided with a broader market sell-off, affecting not only cryptocurrencies but also equities.
The Kobeissi Letter notes that “the real driver here is the GLOBAL move towards the risk-off trade.” As fears mount regarding trade wars and economic instability, Bitcoin’s failure to hold its support levels has led to a shift in perception about its reliability as a safe have
Recent developments indicate that Bitcoin’s role as a safe haven asset is increasingly being questioned. As tensions escalate with new U.S. trade tariffs impacting relations with Canada and Mexico, many traders are redirecting their investments toward more stable commodities.
Data shows that the BTC/USD pair suffered a significant decline of $10,000 within just 24 hours, as reported by Cointelegraph Markets Pro and TradingView. This downturn coincided with a broader market sell-off, affecting not only cryptocurrencies but also equities.
The Kobeissi Letter notes that “the real driver here is the GLOBAL move towards the risk-off trade.” As fears mount regarding trade wars and economic instability, Bitcoin’s failure to hold its support levels has led to a shift in perception about its reliability as a safe have
Tulkot
Bitcoin is facing mounting pressures as traders pivot to gold amidst renewed U.S. trade tariffs, signaling a shift in market sentiment.
The latest analysis indicates a growing perception that Bitcoin is no longer considered a safe haven as economic uncertainty escalates.
According to insights from The Kobeissi Letter, the current macroeconomic climate is driving investors to seek stability through traditional assets like gold.
Bitcoin struggles as market dynamics shift; traders move towards gold amidst U.S. tariffs, marking a potential end to BTC’s safe haven appeal.
$XRP
$BTC #WhiteHouseCryptoSummit #FTXrepayment #USCryptoReserve #WhiteHouseCryptoSummit #CMEsolanaFutures $BTC $
The latest analysis indicates a growing perception that Bitcoin is no longer considered a safe haven as economic uncertainty escalates.
According to insights from The Kobeissi Letter, the current macroeconomic climate is driving investors to seek stability through traditional assets like gold.
Bitcoin struggles as market dynamics shift; traders move towards gold amidst U.S. tariffs, marking a potential end to BTC’s safe haven appeal.
$XRP
$BTC #WhiteHouseCryptoSummit #FTXrepayment #USCryptoReserve #WhiteHouseCryptoSummit #CMEsolanaFutures $BTC $
Tulkot
Bitcoin Open Interest / Liquidations / CVD & Funding rate
The liquidation heat map of BTC/USDT perpetual contracts reveals that bitcoin reached a liquidation zone identified around $78,000. Buyer interest seems to have manifested, as evidenced by the price rebound at this level.
Currently, the key liquidation zones are located on either side of the current price.
Above, a first liquidation zone is identified between $95,000 and $98,000, followed by a larger zone around $100,000. The latter extends up to $104,000 and precedes another zone between $107,000 and $111,000.
Below, we can again note the liquidation zone around $78,000. Lower down, a more pronounced zone is situated around $74,000. This precedes an even more pronounced zone between $67,000 and $61,000.
These thresholds constitute major inflection points for the market. An approach of the price towards these levels could trigger massive order activation, thus playing a key role in the upcoming movements, depending on the dynamics of supply and demand.
#GPSonBinance #GPSonBinance $SOL
$BTC
$ETH
The liquidation heat map of BTC/USDT perpetual contracts reveals that bitcoin reached a liquidation zone identified around $78,000. Buyer interest seems to have manifested, as evidenced by the price rebound at this level.
Currently, the key liquidation zones are located on either side of the current price.
Above, a first liquidation zone is identified between $95,000 and $98,000, followed by a larger zone around $100,000. The latter extends up to $104,000 and precedes another zone between $107,000 and $111,000.
Below, we can again note the liquidation zone around $78,000. Lower down, a more pronounced zone is situated around $74,000. This precedes an even more pronounced zone between $67,000 and $61,000.
These thresholds constitute major inflection points for the market. An approach of the price towards these levels could trigger massive order activation, thus playing a key role in the upcoming movements, depending on the dynamics of supply and demand.
#GPSonBinance #GPSonBinance $SOL
$BTC
$ETH
Tulkot
Focus on Derivatives (BTC/USDT)
The bearish retracement of BTC has led to a decline in open interest as well as the funding rate, suggesting a gradual exit of positions in BTC/USDT perpetual contracts, particularly buyers.
Similarly, the CVD has continued to decline, demonstrating a predominance of sell orders in the ongoing market. This dynamic indicates a continuation of seller aggression, illustrating strong selling pressure from investors.
Although a spike in sell liquidations was observed during the last rebound of BTC, these mainly concern buy positions. This situation reflects the dominance of sellers as well as increased volatility, weakening the buying strength in the market.$BTC
$ETH
$BNB
#TrumpCongressSpeech #WhiteHouseCryptoSummit #GPSonBinance #TrumpCongressSpeech
The bearish retracement of BTC has led to a decline in open interest as well as the funding rate, suggesting a gradual exit of positions in BTC/USDT perpetual contracts, particularly buyers.
Similarly, the CVD has continued to decline, demonstrating a predominance of sell orders in the ongoing market. This dynamic indicates a continuation of seller aggression, illustrating strong selling pressure from investors.
Although a spike in sell liquidations was observed during the last rebound of BTC, these mainly concern buy positions. This situation reflects the dominance of sellers as well as increased volatility, weakening the buying strength in the market.$BTC
$ETH
$BNB
#TrumpCongressSpeech #WhiteHouseCryptoSummit #GPSonBinance #TrumpCongressSpeech
Tulkot
Bitcoin (BTC) Price Situation
After breaking the support of $90,000, bitcoin faced selling pressure, amplifying its bearish move by nearly 14% and bringing its price down to $78,200. Therefore, the bearish hypothesis presented in the February 25 analysis has come to fruition.
Fortunately, the announcement by Donald Trump regarding cryptocurrency reserves allowed bitcoin to bounce back to this level. Following this news, BTC surged by over 23%, quickly reaching $96,700, a level corresponding to a value area, located just below the annual VWAP as well as the 200-day moving average.
Unfortunately, this drop was absorbed at the beginning of the week. Indeed, although this rise rekindled hope for a market recovery, bitcoin’s price faced new bearish pressure, impacting its price downward once again.
At the time of writing, bitcoin is trading around $83,700. It seems to be holding in a subtle support zone at the level of the 200-day moving average. Its upward orientation indicates a long-term bullish trend. However, the short and medium-term trend has clearly turned bearish again, as evidenced by Dow’s theory as well as the 50-day and 20-day moving averages, which are tilted downward.
The bullish momentum of bitcoin has slightly rebounded but remains overall revised downward. This is reflected both in its price and in its oscillators, which have reached new lows.
After breaking the support of $90,000, bitcoin faced selling pressure, amplifying its bearish move by nearly 14% and bringing its price down to $78,200. Therefore, the bearish hypothesis presented in the February 25 analysis has come to fruition.
Fortunately, the announcement by Donald Trump regarding cryptocurrency reserves allowed bitcoin to bounce back to this level. Following this news, BTC surged by over 23%, quickly reaching $96,700, a level corresponding to a value area, located just below the annual VWAP as well as the 200-day moving average.
Unfortunately, this drop was absorbed at the beginning of the week. Indeed, although this rise rekindled hope for a market recovery, bitcoin’s price faced new bearish pressure, impacting its price downward once again.
At the time of writing, bitcoin is trading around $83,700. It seems to be holding in a subtle support zone at the level of the 200-day moving average. Its upward orientation indicates a long-term bullish trend. However, the short and medium-term trend has clearly turned bearish again, as evidenced by Dow’s theory as well as the 50-day and 20-day moving averages, which are tilted downward.
The bullish momentum of bitcoin has slightly rebounded but remains overall revised downward. This is reflected both in its price and in its oscillators, which have reached new lows.
Skatīt oriģinālu
Šis ir segments no Forward Guidance jaunumiem. Lai izlasītu pilnus izdevumus, abonējiet.
Prezidenta Trampa 25% tarifa uz Meksiku un Kanādu stājās spēkā pēc mēneša kavēšanās šorīt.
Abas valstis paziņoja par plāniem atbildēt: Kanāda noteiks 25% nodevu uz apmēram 100 miljardiem ASV importa un Meksika svētdien paziņos par saviem nākamajiem soļiem.
Tramps arī uzlika vēl 10% nodokli uz Ķīnas importu. Atbildes reakcijā Ķīna iekasēs papildu 15% par dažādiem ASV importiem, tostarp vistas gaļu, kviešiem un kokvilnu. Papildu 10% tarifs tiks noteikts sojas pupām, jūras veltēm un citiem produktiem.
Ķīna arī iesniedza prasību pret ASV Pasaules Tirdzniecības organizācijā.
Tirgus reaģēja kā gaidīts: zelts pieauga, akcijas samazinājās un VIX ir paaugstināts. Šodien pēcpusdienā S&P 500 un Nasdaq Composite bija gandrīz izdzēsuši visas peļņas kopš vēlēšanu dienas. S&P 500 šobrīd ir samazinājies par 1.2% kopš gada sākuma, kamēr tehnoloģiju smagais Nasdaq ir zaudējis vairāk nekā 5% kopš gada sākuma.
VIX pieauga virs 26 tieši pēc atvēršanas šorīt, iezīmējot augstāko svārstību līmeni, ko esam redzējuši šogad. Neziņa par tarifu politiku un procentu likmju lēmumiem ietekmē investoru noskaņojumu.
Varbūt pārsteidzoši, Meksikas peso un Kanādas dolārs nedaudz samazinājās, iespējams, atspoguļojot investoru pārliecību, ka šie augstie tarifi būs īslaicīgi. Personīgi es domāju, ka tas ir vēlēšanās domāt. Jo ilgāk šie jaunie tirdzniecības maksājumi paliks spēkā, jo lielāka būs pārdošana abām valūtām.
Prezidenta Trampa 25% tarifa uz Meksiku un Kanādu stājās spēkā pēc mēneša kavēšanās šorīt.
Abas valstis paziņoja par plāniem atbildēt: Kanāda noteiks 25% nodevu uz apmēram 100 miljardiem ASV importa un Meksika svētdien paziņos par saviem nākamajiem soļiem.
Tramps arī uzlika vēl 10% nodokli uz Ķīnas importu. Atbildes reakcijā Ķīna iekasēs papildu 15% par dažādiem ASV importiem, tostarp vistas gaļu, kviešiem un kokvilnu. Papildu 10% tarifs tiks noteikts sojas pupām, jūras veltēm un citiem produktiem.
Ķīna arī iesniedza prasību pret ASV Pasaules Tirdzniecības organizācijā.
Tirgus reaģēja kā gaidīts: zelts pieauga, akcijas samazinājās un VIX ir paaugstināts. Šodien pēcpusdienā S&P 500 un Nasdaq Composite bija gandrīz izdzēsuši visas peļņas kopš vēlēšanu dienas. S&P 500 šobrīd ir samazinājies par 1.2% kopš gada sākuma, kamēr tehnoloģiju smagais Nasdaq ir zaudējis vairāk nekā 5% kopš gada sākuma.
VIX pieauga virs 26 tieši pēc atvēršanas šorīt, iezīmējot augstāko svārstību līmeni, ko esam redzējuši šogad. Neziņa par tarifu politiku un procentu likmju lēmumiem ietekmē investoru noskaņojumu.
Varbūt pārsteidzoši, Meksikas peso un Kanādas dolārs nedaudz samazinājās, iespējams, atspoguļojot investoru pārliecību, ka šie augstie tarifi būs īslaicīgi. Personīgi es domāju, ka tas ir vēlēšanās domāt. Jo ilgāk šie jaunie tirdzniecības maksājumi paliks spēkā, jo lielāka būs pārdošana abām valūtām.
Tulkot
(ADA) experienced a notable 60% increase following the announcement of its inclusion in the US crypto reserve, with prices exceeding $1.10. This remarkable rally indicated strong bullish momentum, corroborated by technical indicators such as BBTrend and DMI.$BTC
$XRP
$XRP
Tulkot
CPI news impact on crypto ?
Here’s a concise summary of how CPI (Consumer Price Index) impacts cryptocurrencies:
1. **Inflation Hedge**: Rising CPI (inflation) may drive investors to cryptocurrencies like Bitcoin as a hedge against fiat currency devaluation.
2. **Monetary Policy**: High CPI often leads to tighter monetary policies (e.g., higher interest rates), which can reduce liquidity and negatively affect riskier assets like crypto.
3. **Market Sentiment**: CPI data influences investor behavior—high inflation can create a risk-off environment, leading to crypto sell-offs, or speculative buying if crypto is seen as a better alternative.
4. **Adoption**: In countries with hyperinflation, crypto adoption may increase as a store of value or medium of exchange.
5. **Regulation**: Governments may impose stricter crypto regulations in response to inflation-driven economic instability.
6. **Historical Trends**: Post-2020, rising inflation and stimulus measures boosted crypto interest, but tightening policies later caused volatility.
In short, CPI impacts crypto through inflation expectations, monetary policy, investor sentiment, adoption trends, and regulatory changes.#CMEsolanaFutures #bitcoin #cpi $BTC
$ETH
$BNB
Here’s a concise summary of how CPI (Consumer Price Index) impacts cryptocurrencies:
1. **Inflation Hedge**: Rising CPI (inflation) may drive investors to cryptocurrencies like Bitcoin as a hedge against fiat currency devaluation.
2. **Monetary Policy**: High CPI often leads to tighter monetary policies (e.g., higher interest rates), which can reduce liquidity and negatively affect riskier assets like crypto.
3. **Market Sentiment**: CPI data influences investor behavior—high inflation can create a risk-off environment, leading to crypto sell-offs, or speculative buying if crypto is seen as a better alternative.
4. **Adoption**: In countries with hyperinflation, crypto adoption may increase as a store of value or medium of exchange.
5. **Regulation**: Governments may impose stricter crypto regulations in response to inflation-driven economic instability.
6. **Historical Trends**: Post-2020, rising inflation and stimulus measures boosted crypto interest, but tightening policies later caused volatility.
In short, CPI impacts crypto through inflation expectations, monetary policy, investor sentiment, adoption trends, and regulatory changes.#CMEsolanaFutures #bitcoin #cpi $BTC
$ETH
$BNB
Tulkot
The Ethereum Foundation (EF) just announced the Silviculture Society, a new 15-member advisory council, in response to leadership controversy. This diverse collection of Ethereum builders is focused on one goal: defending the project’s core values.
Vitalik Buterin claimed that this Society is an experimental effort to promote community governance. The EF will build separate organs and advisory groups to tackle other problems, but the project’s direction is the first ppriority#ETH #BTCRebundsBack #BinanceAlphaAlert $BTC $ETH
$SOL
Vitalik Buterin claimed that this Society is an experimental effort to promote community governance. The EF will build separate organs and advisory groups to tackle other problems, but the project’s direction is the first ppriority#ETH #BTCRebundsBack #BinanceAlphaAlert $BTC $ETH
$SOL
Skatīt oriģinālu
Kriptovalūtu tirgū korekcijas vilnis, kas sākās pēc novembra kāpuma, ir radījis paniku investoru vidū, pazeminot Bitcoin (BTC) līdz 80 000 USD no tā visu laiku augstākā līmeņa (ATH) 110 000 USD, kamēr Ethereum (ETH) šodien ir nokritis līdz 2 100 USD.
Kopā ar to, 1. līmeņa tokens Sui (SUI), kas 2024. gada beigās guva iespaidīgus ieguvumus, pēdējo 60 dienu laikā ir piedzīvojis 38% korekciju, krītot no tā ATH 5,36 USD līdz pašreizējai cenai 2,56 USD.
Avots: Coinmarketcap
Tomēr, ņemot vērā tā turpmākās cenas darbības, analīze liecina, ka SUI varētu atkārtot Solanas bullish kāpumu 2021. gada bull run laikā, kas varētu būt atvieglojuma zīme investoriem šajā panikas fāzē.
Vai Sui (SUI) seko Solanas (SOL) ceļam?
Diagramma izceļ galveno līdzību starp SUI (Sui) un SOL (Solana) 1 dienas laika posmā, norādot, ka SUI varētu būt
atkārtojot bullish izlaušanās modeli, kas iepriekš noveda pie lielas kāpuma SOL#SUİ $.
SUI-SOL diagrammas salīdzinājums/Coinsprobe (Avots: Tradingview)#BTCRebundsBack #BTCRebundsBack
Kopā ar to, 1. līmeņa tokens Sui (SUI), kas 2024. gada beigās guva iespaidīgus ieguvumus, pēdējo 60 dienu laikā ir piedzīvojis 38% korekciju, krītot no tā ATH 5,36 USD līdz pašreizējai cenai 2,56 USD.
Avots: Coinmarketcap
Tomēr, ņemot vērā tā turpmākās cenas darbības, analīze liecina, ka SUI varētu atkārtot Solanas bullish kāpumu 2021. gada bull run laikā, kas varētu būt atvieglojuma zīme investoriem šajā panikas fāzē.
Vai Sui (SUI) seko Solanas (SOL) ceļam?
Diagramma izceļ galveno līdzību starp SUI (Sui) un SOL (Solana) 1 dienas laika posmā, norādot, ka SUI varētu būt
atkārtojot bullish izlaušanās modeli, kas iepriekš noveda pie lielas kāpuma SOL#SUİ $.
SUI-SOL diagrammas salīdzinājums/Coinsprobe (Avots: Tradingview)#BTCRebundsBack #BTCRebundsBack
Tulkot
PI BBTrend. Source: TradingView.
This sharp decline to -11 in Pi’s BBTrend could signal that the current uptrend is becoming significantly overextended and potentially vulnerable to a correction or consolidation phase.
When BBTrend turns notably negative after a price surge, it often indicates that the asset has moved too far too quickly and is now trading at levels that may be unsustainable in the short term.
This technical warning sign suggests that Pi might experience a pullback toward its middle Bollinger Band, a period of sideways consolidation, or at minimum, a deceleration in its upward momentum.#BinanceAlphaAlert #pi #picoin
This sharp decline to -11 in Pi’s BBTrend could signal that the current uptrend is becoming significantly overextended and potentially vulnerable to a correction or consolidation phase.
When BBTrend turns notably negative after a price surge, it often indicates that the asset has moved too far too quickly and is now trading at levels that may be unsustainable in the short term.
This technical warning sign suggests that Pi might experience a pullback toward its middle Bollinger Band, a period of sideways consolidation, or at minimum, a deceleration in its upward momentum.#BinanceAlphaAlert #pi #picoin
Tulkot
#Can Pi Network Reach $4 In March?
Pi Network price reached new all-time highs just hours ago as its price approached the $3 mark for the first time.
With this strong upward momentum, Pi could potentially continue its ascent, breaking through the $3 psychological barrier and testing higher resistance levels at $3.5 or even $4 in the near term.
This impressive rally demonstrates growing market interest and buying pressure that could sustain further upside if the positive sentiment persists.
PI Price Analysis. Source: TradingView.
However, as indicated by the negative BBTrend reading, this rally may be overextended and at risk of reversal. Should the downward technical signal materialize into price action, Pi could experience a substantial correction, initially falling to test support at $1.7.
If this level fails to hold, further declines to $1.42 become likely as selling pressure intensifies.
In a scenario where a strong downtrend takes hold, Pi’s price might experience an even more dramatic pullback to $0.79, which would represent its lowest level in five days and a significant retracement from current highs.#BinanceAlphaAlert #pi #picoin
Pi Network price reached new all-time highs just hours ago as its price approached the $3 mark for the first time.
With this strong upward momentum, Pi could potentially continue its ascent, breaking through the $3 psychological barrier and testing higher resistance levels at $3.5 or even $4 in the near term.
This impressive rally demonstrates growing market interest and buying pressure that could sustain further upside if the positive sentiment persists.
PI Price Analysis. Source: TradingView.
However, as indicated by the negative BBTrend reading, this rally may be overextended and at risk of reversal. Should the downward technical signal materialize into price action, Pi could experience a substantial correction, initially falling to test support at $1.7.
If this level fails to hold, further declines to $1.42 become likely as selling pressure intensifies.
In a scenario where a strong downtrend takes hold, Pi’s price might experience an even more dramatic pullback to $0.79, which would represent its lowest level in five days and a significant retracement from current highs.#BinanceAlphaAlert #pi #picoin
Skatīt oriģinālu
Ohaio Bitcoin stratēģiskā rezerves likums iziet komitejas pārskatu; ASV SEC oficiāli pieņemts
Trampa ģimene turpina izsūtīt kriptovalūtām draudzīgus signālus, un Eriks Tramps, Trampa otrais dēls, aicina sekotājus "pirkt Bitcoin, kad cenas krītas" sociālajos tīklos. Pieaugošā rezonanse starp politiskajiem eliteem un vietējām politikām, visticamāk, ienesīs politiski vadītu optimismu pašlaik lēnajā tirgū.
2. FTX dibinātājs Sems Bankmans-Frīds (SBF) pirmo reizi divu gadu laikā tvīto par "atlaišanām", ko tirgus interpretē kā mēģinājumu iegūt labvēlību no Trampa administrācijas. Pēc Trampa žēlastības Silk Road dibinātājam Rosam Ulbrichtam baumas par SBF ģimenes tikšanos ar Trampa iekšējo loku, lai lūgtu žēlastību, ir pastiprinājušās, radot cerības, ka SBF varētu tikt piešķirta žēlastība. Šī spekulācija izraisīja $FTT cenas pieaugumu, lai gan tā vēlāk atkal samazinājās.
2. FTX dibinātājs Sems Bankmans-Frīds (SBF) pirmo reizi divu gadu laikā tvīto par "atlaišanām", ko tirgus interpretē kā mēģinājumu iegūt labvēlību no Trampa administrācijas. Pēc Trampa žēlastības Silk Road dibinātājam Rosam Ulbrichtam baumas par SBF ģimenes tikšanos ar Trampa iekšējo loku, lai lūgtu žēlastību, ir pastiprinājušās, radot cerības, ka SBF varētu tikt piešķirta žēlastība. Šī spekulācija izraisīja $FTT cenas pieaugumu, lai gan tā vēlāk atkal samazinājās.
Tulkot
Bears are again more powerful than bulls today, according to CoinStats.
ADA/USD
Unlike other coins, the price of Cardano (ADA) has gone up by 0.81%.
On the hourly chart, the rate of ADA has made a false breakout of the local support of $0.6638. If the daily bar closes far from that mark, one can expect a test of the $0.70 zone soon.
On the bigger time frame, the situation is less clear. The volume is low, which means neither bulls nor bears are dominating.
In this case, sideways trading in the narrow range of $0.66-$0.70 is the more likely scenario.
On the weekly chart, there are no reversal signals yet. If bulls cannot seize the initiative soon, the decline may continue to the $0.55-$0.60 by the end of the month.
ADA is trading at $0.6767 at press time.#BinanceAlphaAlert #ADAAnalysis #BTCDipOrRebound $ADA
ADA/USD
Unlike other coins, the price of Cardano (ADA) has gone up by 0.81%.
On the hourly chart, the rate of ADA has made a false breakout of the local support of $0.6638. If the daily bar closes far from that mark, one can expect a test of the $0.70 zone soon.
On the bigger time frame, the situation is less clear. The volume is low, which means neither bulls nor bears are dominating.
In this case, sideways trading in the narrow range of $0.66-$0.70 is the more likely scenario.
On the weekly chart, there are no reversal signals yet. If bulls cannot seize the initiative soon, the decline may continue to the $0.55-$0.60 by the end of the month.
ADA is trading at $0.6767 at press time.#BinanceAlphaAlert #ADAAnalysis #BTCDipOrRebound $ADA
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