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Can Peanut (PNUT) Reach $2? Here's What the Charts and Indicators Are Saying
Current Market Snapshot:
Peanut (PNUT) has been on a tear, currently trading at $1.13 with a stunning 134.5% increase. This rapid surge has pushed its market cap to $1 billion, catching the eye of traders everywhere. As PNUT continues its impressive rally, let's break down what the next six hours could have in store, based on technical analysis, market indicators, and whale activity.
Technical Analysis Breakdown:
Momentum Indicators:RSI (Relative Strength Index): With PNUT’s dramatic rise, it’s
Peanut (PNUT) has been on a tear, currently trading at $1.13 with a stunning 134.5% increase. This rapid surge has pushed its market cap to $1 billion, catching the eye of traders everywhere. As PNUT continues its impressive rally, let's break down what the next six hours could have in store, based on technical analysis, market indicators, and whale activity.
Technical Analysis Breakdown:
Momentum Indicators:RSI (Relative Strength Index): With PNUT’s dramatic rise, it’s
One Step Back for Bitcoin (BTC): Trends, Patterns, and Future Outlook
The saying "one step back to get ready for a new target" aptly reflects the recent movements of Bitcoin (BTC). Over the past year, Bitcoin has witnessed a series of fluctuations, characterized by a series of bullish and bearish phases driven by macroeconomic factors, regulatory news, and technological advancements. Let’s dive into the recent trends, the impact of external factors like the U.S. election, and what the future might hold for BTC.
Recent Trends and Patterns
Price Fluctuations and M
Recent Trends and Patterns
Price Fluctuations and M
Potential Risks to the Crypto Market
Potential Risks to the Crypto Market
🎁👇🎁
Over-reliance on Leverage: The extensive use of leverage in the crypto market, particularly in derivatives and options, increases the market's vulnerability to sudden price fluctuations. This could lead to a chain reaction of liquidations, potentially triggering a market crash.Regulatory Intervention: The rapid growth of the crypto market has drawn the attention of regulators worldwide. If regulators pe
🎁👇🎁
Over-reliance on Leverage: The extensive use of leverage in the crypto market, particularly in derivatives and options, increases the market's vulnerability to sudden price fluctuations. This could lead to a chain reaction of liquidations, potentially triggering a market crash.Regulatory Intervention: The rapid growth of the crypto market has drawn the attention of regulators worldwide. If regulators pe
Just as I had indicated BTC Is proving it, it will dip again and will pump to next level so fingers crossed.
🎁👇🎁
#BinanceBlockchainWeek #BTCETFDemandSurge #BTCBreak69K #BTC
🎁👇🎁
#BinanceBlockchainWeek #BTCETFDemandSurge #BTCBreak69K #BTC
LIVEKnightSparrow
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Bitcoin's Bullish Outlook
Overview: 🎁👇🎁
The current BTC market suggests a potential upward trajectory towards 74K. Despite recent bearish pressure, bulls have successfully defended the 65K support level and reclaimed the 66.8K resistance. A flag breakout pattern is still in play, reinforcing the bullish sentiment. Key support levels at 64.3K and the upsloping trendline are crucial for maintaining the bullish momentum. A successful monthly close above 67.5K is essential for a potential November ATH. However, a breakdown below 58K could invalidate this bullish outlook.
Key Points:
• Bullish Momentum: Bitcoin has been showing strong bullish momentum, with buyers quickly stepping in to support price levels above 66.8K.
• Flag Breakout Potential: A flag breakout is still a possibility, which could further fuel the upward trend.
• November ATH Target: The overall market sentiment points to a potential rally towards 74K, potentially reaching new all-time highs in November.
Support and Resistance Levels:
• Key Monthly Close Level: 67,540
• 2024 Resistance Trendline: Currently around 67,700
• Major Support: 64,312 and the upsloping support trendline
Note: While a pullback to 64K is possible, the overall outlook for Bitcoin remains bullish. As long as the 58K support level holds, the potential for a significant price increase in the coming months remains high.
#TetherUnderInvestigation #BTC #USJoblessClaimsDip #BTCETFDemandSurge #CryptoPreUSElection
The current BTC market suggests a potential upward trajectory towards 74K. Despite recent bearish pressure, bulls have successfully defended the 65K support level and reclaimed the 66.8K resistance. A flag breakout pattern is still in play, reinforcing the bullish sentiment. Key support levels at 64.3K and the upsloping trendline are crucial for maintaining the bullish momentum. A successful monthly close above 67.5K is essential for a potential November ATH. However, a breakdown below 58K could invalidate this bullish outlook.
Key Points:
• Bullish Momentum: Bitcoin has been showing strong bullish momentum, with buyers quickly stepping in to support price levels above 66.8K.
• Flag Breakout Potential: A flag breakout is still a possibility, which could further fuel the upward trend.
• November ATH Target: The overall market sentiment points to a potential rally towards 74K, potentially reaching new all-time highs in November.
Support and Resistance Levels:
• Key Monthly Close Level: 67,540
• 2024 Resistance Trendline: Currently around 67,700
• Major Support: 64,312 and the upsloping support trendline
Note: While a pullback to 64K is possible, the overall outlook for Bitcoin remains bullish. As long as the 58K support level holds, the potential for a significant price increase in the coming months remains high.
#TetherUnderInvestigation #BTC #USJoblessClaimsDip #BTCETFDemandSurge #CryptoPreUSElection
Bitcoin's Bullish Outlook
Overview: 🎁👇🎁
The current BTC market suggests a potential upward trajectory towards 74K. Despite recent bearish pressure, bulls have successfully defended the 65K support level and reclaimed the 66.8K resistance. A flag breakout pattern is still in play, reinforcing the bullish sentiment. Key support levels at 64.3K and the upsloping trendline are crucial for maintaining the bullish momentum. A successful monthly close above 67.5K is essential for a potential November ATH. However, a breakdow
The current BTC market suggests a potential upward trajectory towards 74K. Despite recent bearish pressure, bulls have successfully defended the 65K support level and reclaimed the 66.8K resistance. A flag breakout pattern is still in play, reinforcing the bullish sentiment. Key support levels at 64.3K and the upsloping trendline are crucial for maintaining the bullish momentum. A successful monthly close above 67.5K is essential for a potential November ATH. However, a breakdow
LIVE
三马哥
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US October University of Michigan Consumer Confidence Index final value 70.5, expected 69, previous value 68.9.
The positive news has boosted our BTC long position to a maximum floating profit of nearly $1000.
Move your stop loss to the cost price, and then see what the situation is when you wake up tomorrow. #BTC
The positive news has boosted our BTC long position to a maximum floating profit of nearly $1000.
Move your stop loss to the cost price, and then see what the situation is when you wake up tomorrow. #BTC
ApeCoin (APE) and Scroll (SCR)
Scroll (SCR) 🎁👇🎁
Current Impact:
Scalability Solution: Scroll is a layer-2 scaling solution for Ethereum, designed to enhance transaction speed and reduce fees.
Optimistic Rollup: It employs an optimistic rollup mechanism, which assumes transactions are valid unless proven otherwise, leading to lower costs compared to zero-knowledge rollups.
Early Stages: Still in its early development stages, Scroll is gaining attention for its potential to address Ethereum's scalability challenges.
Future
Current Impact:
Scalability Solution: Scroll is a layer-2 scaling solution for Ethereum, designed to enhance transaction speed and reduce fees.
Optimistic Rollup: It employs an optimistic rollup mechanism, which assumes transactions are valid unless proven otherwise, leading to lower costs compared to zero-knowledge rollups.
Early Stages: Still in its early development stages, Scroll is gaining attention for its potential to address Ethereum's scalability challenges.
Future
Check in and get the points!
LIVETIGRE_48
--
🎁 Task Center - Binance Square 🔶
• The points you earn can be exchanged for BNB tokens or a refund voucher.
• 🤔 How to participate? ...
Step 1 : Swipe down on the screen ⬇️ , then select the yellow button, as shown in the following image 🖼️⬇️ .
Step 2 :Select creator center .
Step 3 : Select checkin .
Step 4 :Every day you can get 1 point for registering, if you register 7 days in a row 🗓️, you will get 3 points for registering .To get points for tasks, select the yellow button ( GO ) .
Step 5 :Once the task is completed, click claim to get the point
Step 6 :Successful claim ✅🎁
Step 8 : To use points, select the points counter at the top
Step 9 : We can see the points and also claim the desired voucher 🎁 .
Step 10 :
• Important ⚠️:
The brown vouchers give us BNB in token.The light blue ones reduce the commissions when operating in Spot .
#Tutorial
This is an event of @Binance Square Official
I hope it has been useful, thanks for reading, and thanks for the support 🤝🐯🧡
• 🤔 How to participate? ...
Step 1 : Swipe down on the screen ⬇️ , then select the yellow button, as shown in the following image 🖼️⬇️ .
Step 2 :Select creator center .
Step 3 : Select checkin .
Step 4 :Every day you can get 1 point for registering, if you register 7 days in a row 🗓️, you will get 3 points for registering .To get points for tasks, select the yellow button ( GO ) .
Step 5 :Once the task is completed, click claim to get the point
Step 6 :Successful claim ✅🎁
Step 8 : To use points, select the points counter at the top
Step 9 : We can see the points and also claim the desired voucher 🎁 .
Step 10 :
• Important ⚠️:
The brown vouchers give us BNB in token.The light blue ones reduce the commissions when operating in Spot .
#Tutorial
This is an event of @Binance Square Official
I hope it has been useful, thanks for reading, and thanks for the support 🤝🐯🧡
Alert!
LIVETIGRE_48
--
🚨 Scam Comments 🚨
@Richard Teng , made a post of his photos 😎📸..
But among the 4 comments there was 1 that was a scam 🚨 🕵️...
When I saw it, 30 minutes had passed ⏱️ since the scam comment had been published ..👨💻
So what was reporting 🚨 .
Selected the 3 points... 👇🖼️
Then select the report option
We will be shown a list with options for the violations, select one.
In this case I will put Spam or Scam
Once the report is made, we should get the message thank you for reporting ✅.
But among the 4 comments there was 1 that was a scam 🚨 🕵️...
When I saw it, 30 minutes had passed ⏱️ since the scam comment had been published ..👨💻
So what was reporting 🚨 .
Selected the 3 points... 👇🖼️
Then select the report option
We will be shown a list with options for the violations, select one.
In this case I will put Spam or Scam
Once the report is made, we should get the message thank you for reporting ✅.
Recent BTCUSDT Surge
Bitcoin's price has been steadily increasing, new high of $69,400 on October 21st.
This recent surge is fueled by few possible factors, comprising:
Spot ETF inflows: The approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) has attracted significant institutional investment. Global developments: Positive developments in the global economy, such as a potential rate cut by the Federal Reserve, have also contributed to Bitcoin's price increase. Bitcoin'
This recent surge is fueled by few possible factors, comprising:
Spot ETF inflows: The approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) has attracted significant institutional investment. Global developments: Positive developments in the global economy, such as a potential rate cut by the Federal Reserve, have also contributed to Bitcoin's price increase. Bitcoin'
#RWChain & #Lumia: Shaping Blockchain’s Future
RWChain and Lumia are two rising platforms transforming the blockchain landscape with innovative solutions aimed at improving scalability, security, and decentralization. Here's a snapshot of their features:
RWChain Highlights:
Layer-2 Scaling: Enhances transaction speed and lowers costs, tackling blockchain congestion.
Sharding: Boosts scalability by splitting the network for parallel processing.
Security-Focused: Advanced cryptographic techniques safeguard data and transactions.
Cross-Chain Interoperability: Enables seamless asset transfer across blockchains.
Eco-Friendly: Optimized for lower energy use and sustainability.
Lumia Key Features:
Deflationary Tokenomics: Built-in scarcity through token burns and staking rewards.
DeFi-Enabled: Comprehensive financial tools for lending, borrowing, and yield farming.
Low Fees, Fast Transactions: Powered by a proof-of-stake consensus for efficiency.
Developer Ecosystem: Supports smart contracts and diverse dApps development.
Community Governance: Decentralized decision-making for network upgrades.
Both #RWChain and #Lumia are paving the way for a more scalable, secure, and decentralized blockchain future.
RWChain and Lumia are two rising platforms transforming the blockchain landscape with innovative solutions aimed at improving scalability, security, and decentralization. Here's a snapshot of their features:
RWChain Highlights:
Layer-2 Scaling: Enhances transaction speed and lowers costs, tackling blockchain congestion.
Sharding: Boosts scalability by splitting the network for parallel processing.
Security-Focused: Advanced cryptographic techniques safeguard data and transactions.
Cross-Chain Interoperability: Enables seamless asset transfer across blockchains.
Eco-Friendly: Optimized for lower energy use and sustainability.
Lumia Key Features:
Deflationary Tokenomics: Built-in scarcity through token burns and staking rewards.
DeFi-Enabled: Comprehensive financial tools for lending, borrowing, and yield farming.
Low Fees, Fast Transactions: Powered by a proof-of-stake consensus for efficiency.
Developer Ecosystem: Supports smart contracts and diverse dApps development.
Community Governance: Decentralized decision-making for network upgrades.
Both #RWChain and #Lumia are paving the way for a more scalable, secure, and decentralized blockchain future.
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