Let's analyze the recent $BNB chart and discuss whether BNB has the potential to touch $600 in the next week. Technical Analysis Overview: 1. Monthly Candlestick: The monthly candlestick shows a long lower wick, indicating a potential decline. This could be the "removal of support." However, further confirmation is needed to validate this bearish signal. 2. 200EMA Test: BNB is currently backtesting the 200EMA (Exponential Moving Average) on the daily chart. Sellers may gain control in this zone, potentially leading to lower prices. 3. Support and Resistance: The $519 level is crucial support. Waiting for a pullback to this level before considering a long position is advisable. If BNB holds above this support, it could continue its upward trajectory. 4. Fibonacci and TA Scenarios: There are two scenarios: Bullish: If BNB breaks above the bearish channel (near $530) and reaches the bullish target (around $624), we could see further upside. Bearish: A failure to break above resistance may lead to a continuation of the current downtrend. Conclusion: BNB's price movement depends on market dynamics, news, and overall crypto sentiment. While $600 is possible, it's essential to monitor key levels and consider risk management strategies. Always conduct thorough research before making any trading decisions @Bitcoin @BNB Chain @Ethereum World News
As of today, the cryptocurrency market is experiencing notable fluctuations. Major cryptocurrencies like Bitcoin and Ethereum are seeing moderate volatility, influenced by recent macroeconomic developments and regulatory news. Bitcoin is trading around $30,000, facing resistance and support levels that could determine its short-term direction. Ethereum, with its shift towards a more sustainable proof-of-stake consensus mechanism, is also seeing fluctuating prices.
Additionally, there’s growing interest in decentralized finance (DeFi) and non-fungible tokens (NFTs), which continue to drive innovation and market activity. However, regulatory scrutiny remains a key concern, as governments and financial authorities across the globe evaluate their stance on cryptocurrency and blockchain technology. Overall, while the market shows potential for growth, it remains sensitive to both internal and external factors. #bitcoin☀️ @Bitcoin #etherreum #NFT
The price of BNB cryptocurrency has seen notable fluctuations recently. Its current value is shaped by various market factors, including the integration of new technologies and adoption trends. Many investors are optimistic about BNB’s future, particularly with the growing interest in the Ton project #BinanceLaunchpoolTON . As more people learn about and invest in Ton, the demand for BNB could rise substantially. This increased interest might drive up the price of BNB, as traders and investors stock up on the token. With the Ton project expected to enhance the utility of BNB, its value could see significant gains. Market sentiment is bullish, suggesting a potential upward trend for BNB. Analysts are closely watching these developments, projecting a favorable outlook for the cryptocurrency. Investors are advised to stay informed and consider the long-term potential of BNB. @BNB Chain @Bitcoin #CryptoMarketMoves #bitcoin☀️
We're right now looking at the Most noteworthy Likelihood of #BTC☀ TC getting rejected from the key levels $61K-$65K. Opposite to prevalent conviction that BTC will instantly break $73K and overlook the conceivable outcomes of traps. I ask to vary. Shakeouts are genuine and most of the time happens when everybody is as of now hyped up within the most noteworthy conceivable cost at a certain period of time. With this being specified, you'll be able take note all the late yearns have been shaken out most at $70K-$73K. This isn't fair since of the expansive sum of offer orders but due to the truth that there are numerous angles holding up at the crest as it were to be gulped by the showcase. By the time the angles get it the conceivable outcomes of a breakdown after the shakeouts, late shorts will at that point happen around $35K-$43K but to you who have seen this post, you've presently the advantage of cautiousness. Typically the quality of a incredible dealer. Never disregard that there are certain rectifications to be made in order to fulfill the market's requests. Fair envision a truck running out of gas, you would like to pour in more, to let it work. You can moreover check the other situation underneath. #BTC☀ @Binance_Pay_Official #CryptoNewss
Before diving into meme coin trading, recognize the high-risk nature of these Meme coins as they can be extremely volatile and are often subject to “pump and dump” schemes and rug pulls. #solonapumping #ETHETFsApproved #bitcoin☀️
Binance Labs invests in Telegram game Catizen's publisher Pluto Studio
Quick Take Binance Labs has invested an undisclosed amount of money in Pluto Studio, the publisher of the Telegram mini-game Catizen.Pluto recently also raised $6 million in two rounds, co-founder Ricky Wong told The Block. Binance Labs, the $10 billion venture capital and incubation arm of the crypto exchange Binance, has invested an undisclosed sum in Pluto Studio, the publisher of the popular Telegram game Catizen that is built on The Open Network (TON) blockchain. While Binance Labs did not
Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’ Amid fresh reports on social media suggesting that China might lift its long-standing ban on Bitcoin, the cryptocurrency community remains skeptical about this possibility. On July 14, Galaxy Digital CEO Mike Novogratz shared on X that he has been hearing reports suggesting China is "likely to unban" Bitcoin ( BTC ) by late 2024. “If this is true, and it's the second time I’ve heard in weeks, it’s a huge deal,” Novogratz wrote, asking
All Time Best Investor's Perspective Over Crypto Market Volatility ATTENTION The current market fear is understandable. Seeing your portfolio drop by 25% over three months (for spot traders) or facing quick liquidations (for futures traders) is never easy. As someone who began investing in crypto in 2016, I’ve gathered some key insights: HOLD and HOLD When the market declines, resist the urge to sell off your assets. Maintain your position, as panic selling often leads to regret when the market rebounds. Remember, in spot trading, losses are only realized when you sell at a loss. IGNORE THE NOISE: Expert opinions can be misleading. Don’t let them dictate your trading decisions. Market predictions are speculative at best, and while the market can fluctuate, it won’t remain down indefinitely Ultimately, the decision to hold your portfolio is yours. Exercise patience and manage your emotions. Success in this market favors those with mental fortitude. Always remember to take profits during market highs, as those gains will be invaluable during downturns. #Write2Earn! #Ton_Coin_Surge #SOFR_Spike #BinanceTurns7 #ETH_ETFs_Approval_Predictions
#NOTCOİN if you missed to buy $NOT early A drop down around $0.017 or $0.016 coming Could pick a buy at this zone and smile like others. It could drop below but the support at $0.016 won't have it done. My prediction though Not an investment advice it will rise above it don't worry , u should buy now ofc that my advice #cryptotipshop #StartInvestingInCrypt #Notcoin👀🔥 #Notcoinnews
GOOD NEWS TO THOSE WHO bought /Hold NOTCOIN💥 Here is the formula that will keep $NOT Continue rallying even $10 next year NOTCOIN uses a formula based on the square root function to burn its coins. The formula is as follows: Burned Coins = √(Total Supply) This means that the number of coins burned is equal to the square root of the total supply of coins. This formula ensures that as the total supply of coins increases, the rate of coin burning also increases, leading to a deflationary effect on the supply of NOTCOIN go not all xD still going up
🚀 NOTCOIN Skyrockets by 350% in Just 7 Days! 🚀 🔥 #NOTCOIN has experienced an extraordinary surge, growing by an astonishing +350% in just 7 days! 🤯 💥 This phenomenal rise underscores the explosive potential and massive interest in NOTCOIN within the crypto community. With such rapid growth, it’s clear that NOTCOIN is capturing the attention and excitement of investors everywhere. 🌟 🚀 Don’t miss out on this incredible opportunity! Stay tuned for more updates and be part of the NOTCOIN revolution! 🚀 --- Disclaimer: The information provided is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.