recovery
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$AVAX faces resistance at the moving averages. Support lies at $35.50 and $33.50; a breakdown may lead to $30.50. A recovery above $42.11 could target $44.70 and $47.31.
#avax #priceanalysis #recovery or #breakdown ? #2025Prediction
#avax #priceanalysis #recovery or #breakdown ? #2025Prediction
A BIG question...
Can Solana (SOL) Recover?
Despite the dip, it’s important to remember the bigger picture. The SOL community has witnessed tremendous growth this year, and even with $18.6 million in liquidations, mostly through long positions, Solana has already clawed back to $105.88, showing a 6.57% in 24 hours, demonstrating its enduring bullish momentum.
Solana has also experienced a 6.39% surge in trading volume. Its current trading volume of $45 billion shows the bulls doing their best to keep their digital asset afloat and not yielding any ground to a further decline.
The recent surges have shown that SOL has potential, and this performance is enough to strengthen the faith of the Solana community despite this minor setback.
Some of the top crypto analysts recently revealed the reasons for their bullish stance on Solana and three other cryptocurrencies, and it will be intriguing to see how Solana’s recovery progresses as we enter the new year.
#SOL #recovery
Can Solana (SOL) Recover?
Despite the dip, it’s important to remember the bigger picture. The SOL community has witnessed tremendous growth this year, and even with $18.6 million in liquidations, mostly through long positions, Solana has already clawed back to $105.88, showing a 6.57% in 24 hours, demonstrating its enduring bullish momentum.
Solana has also experienced a 6.39% surge in trading volume. Its current trading volume of $45 billion shows the bulls doing their best to keep their digital asset afloat and not yielding any ground to a further decline.
The recent surges have shown that SOL has potential, and this performance is enough to strengthen the faith of the Solana community despite this minor setback.
Some of the top crypto analysts recently revealed the reasons for their bullish stance on Solana and three other cryptocurrencies, and it will be intriguing to see how Solana’s recovery progresses as we enter the new year.
#SOL #recovery
Bitcoin Bounces Back to $62,000 After Recent Drop 🚀
Bitcoin recently bounced back above $62,000 after dropping below $50,000 on August 5, a day known as "Crypto Black Monday." The quick #recovery has led some traders to believe the dip was a "bear trap" meant to deceive short-sellers.
Market sentiment has shifted, with more traders now betting on further price increases. This positive outlook coincides with Morgan Stanley starting to recommend Bitcoin exchange-traded funds (#ETFs ) to its clients.
However, some analysts remain cautious, suggesting that Bitcoin might still experience further #declines before reaching new highs.
#Binance
#crypto2024
Bitcoin recently bounced back above $62,000 after dropping below $50,000 on August 5, a day known as "Crypto Black Monday." The quick #recovery has led some traders to believe the dip was a "bear trap" meant to deceive short-sellers.
Market sentiment has shifted, with more traders now betting on further price increases. This positive outlook coincides with Morgan Stanley starting to recommend Bitcoin exchange-traded funds (#ETFs ) to its clients.
However, some analysts remain cautious, suggesting that Bitcoin might still experience further #declines before reaching new highs.
#Binance
#crypto2024
_Tether Recovers $108.8M in USDT Linked to Illicit Activity_
In a significant achievement, Tether, the leading stablecoin issuer, has successfully recovered $108.8 million in USDT tied to illicit activities since 2014. This remarkable effort demonstrates Tether's unwavering commitment to upholding security, integrity, and trust within the cryptocurrency ecosystem.
Proactive Measures
Tether's dedicated team has been diligently monitoring and tracking suspicious transactions, collaborating with law enforcement agencies, and implementing robust measures to prevent and detect illicit activities.
Key Highlights:
- $108.8 million in USDT recovered since 2014
- Illicit activities identified and addressed
- Collaboration with law enforcement agencies
- Enhanced security measures implemented
Reinforcing Trust and Safety
Tether's proactive approach and swift action underscore its dedication to maintaining the highest standards of security and integrity. By recovering funds linked to illicit activities, Tether:
- Protects users and the broader crypto community
- Deters potential criminal activity
- Strengthens trust and confidence in USDT
Commitment to Excellence
Tether's efforts demonstrate its unwavering commitment to:
- Security
- Transparency
- Compliance
- Collaboration
Conclusion:
Tether's recovery of $108.8 million in USDT linked to illicit activities is a testament to its leadership in maintaining a secure and trustworthy stablecoin ecosystem. As the crypto landscape continues to evolve, Tether's proactive measures ensure the integrity and safety of users' assets.
#tetherUsdt #illicitactivity #recovery #stablecoin #collaboration
Proactive Measures
Tether's dedicated team has been diligently monitoring and tracking suspicious transactions, collaborating with law enforcement agencies, and implementing robust measures to prevent and detect illicit activities.
Key Highlights:
- $108.8 million in USDT recovered since 2014
- Illicit activities identified and addressed
- Collaboration with law enforcement agencies
- Enhanced security measures implemented
Reinforcing Trust and Safety
Tether's proactive approach and swift action underscore its dedication to maintaining the highest standards of security and integrity. By recovering funds linked to illicit activities, Tether:
- Protects users and the broader crypto community
- Deters potential criminal activity
- Strengthens trust and confidence in USDT
Commitment to Excellence
Tether's efforts demonstrate its unwavering commitment to:
- Security
- Transparency
- Compliance
- Collaboration
Conclusion:
Tether's recovery of $108.8 million in USDT linked to illicit activities is a testament to its leadership in maintaining a secure and trustworthy stablecoin ecosystem. As the crypto landscape continues to evolve, Tether's proactive measures ensure the integrity and safety of users' assets.
#tetherUsdt #illicitactivity #recovery #stablecoin #collaboration
🚀 $VANA /USDT Price Action Update 🚀
Current Price: $16.747 (-29.01%)
24h High: $24.370 | 24h Low: $15.327
24h Volume: 12.57M $VANA
$VANA has faced a steep decline but is showing early signs of a potential recovery after bouncing off the 24h low. Increasing volume suggests buyers may be stepping in at these levels.
🎯 Key Targets to Watch
1. First Target: $18.000 – Immediate resistance; breaking this could signal a recovery trend.
2. Second Target: $20.000 – A psychological level to confirm bullish momentum.
3. Third Target: $22.500 – Strong upward push to reclaim lost ground and attract further buying interest.
💡 Strategy Tip: Keep an eye on volume and reversal signals near support. A breakout above $18.00 could trigger a stronger upward move with room to scale higher.
🔍 Stay vigilant as VANA attempts to stabilize and set up for its next move!
#BinanceSquareFamily #VANA #CryptoTrading #TradingSignals #Recovery
Current Price: $16.747 (-29.01%)
24h High: $24.370 | 24h Low: $15.327
24h Volume: 12.57M $VANA
$VANA has faced a steep decline but is showing early signs of a potential recovery after bouncing off the 24h low. Increasing volume suggests buyers may be stepping in at these levels.
🎯 Key Targets to Watch
1. First Target: $18.000 – Immediate resistance; breaking this could signal a recovery trend.
2. Second Target: $20.000 – A psychological level to confirm bullish momentum.
3. Third Target: $22.500 – Strong upward push to reclaim lost ground and attract further buying interest.
💡 Strategy Tip: Keep an eye on volume and reversal signals near support. A breakout above $18.00 could trigger a stronger upward move with room to scale higher.
🔍 Stay vigilant as VANA attempts to stabilize and set up for its next move!
#BinanceSquareFamily #VANA #CryptoTrading #TradingSignals #Recovery
Ether Rebounds After Big Drop Despite Economic Uncertainty 📈
Ether (#ETH ) dropped 33.9% to $2,188 between August 2 and August 5 due to a market correction from the Bank of Japan’s rate hike and Japanese stock losses.
It then #rebounded 23.7% in 36 hours. Market sentiment is mixed, with futures and options showing balanced views and onchain metrics indicating resilience.
ETH’s #recovery potential depends on broader market trends and economic conditions.
#Binance
#crypto2024
Ether (#ETH ) dropped 33.9% to $2,188 between August 2 and August 5 due to a market correction from the Bank of Japan’s rate hike and Japanese stock losses.
It then #rebounded 23.7% in 36 hours. Market sentiment is mixed, with futures and options showing balanced views and onchain metrics indicating resilience.
ETH’s #recovery potential depends on broader market trends and economic conditions.
#Binance
#crypto2024