This strategy relies on the data and my support and resistance.
Sol has been ranging from 136 -128. A break in either direction will signal a continuation.
If the Unemployment Rate, Non-Farm Employment Change, and Average Hourly Earnings come in negative then sends a positive vibe.
If the news comes in positive this is bad for crypto, this means we watch for 128 support, a break below without a strong reversal will send us to 120.Â
A break above 136 will send us to 144, 148.  Trade wisely
Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe itâs indicative of a long-term negative trend.
With potential Fed rate cuts & geopolitical volatility, there's still significant potential for market fluctuations.
Reminder to always DYOR & stay informed. Keep building! đȘ
It took me four years in the crypto market to learn these lessons, and you only need two minutes to read them:
1. Regardless of the market's condition, one constant remains: 8% of individuals will always share 21 million Bitcoins. 2. Mastering financial management, capital management, and risk management is exponentially more critical than perfecting technical analysis or conducting crypto research. 3. There are numerous ways to earn from the crypto market passively. Trading shouldn't be your sole focus.
#Bitcoin has averaged over 100% growth annually for the past 15 years. Yet, why do so few people profit? The reason lies in the misconception of quick riches. Most people dive into crypto with the get-rich-quick mentality. If you can't dedicate at least four hours daily to crypto, stick to buying only $BTC and Ethereumâ70% in BTC and 30% in $ETH . Trust no one. Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your trading decisions.
Investing aims to enrich life meaningfully. If your crypto gains make life genuinely meaningful, pursue it. If not, reconsider. Though crypto originated from technology, it has evolved into a financial market. Investing in this market with a tech mindset is challenging. Cryptocurrencies are increasingly linked to mainstream financial markets, with macroeconomic factors playing a more significant role.
People don't question buying land, gold, or diamonds. Yet, buying Bitcoin often attracts skepticism and disapproval. That's fine because when the masses accept something, the opportunity may be gone or diminished. Act while the opportunity is still there!
Weâve teamed up with @Binance Square to launch their new Square Giveaway Center!
It's easyâcomplete tasks to earn $10,000 in $PIXEL rewards: 1⣠Follow us on Square! 2⣠Share this post (on Square!) 3⣠Complete any of the trading tasks listed here: https://www.binance.com/en/square/giveaway/pixels
Binance Square is pleased to introduce a new Square Giveaway Center, where verified users may complete simple tasks to unlock $10,000 in ACE and/or $10,000 in LISTA token rewards.Â
Activity Period: 2024-07-11 09:00 (UTC) to 2024-07-30 09:00 (UTC)
How to Participate :
All verified Binance users can complete the following tasks to unlock a share of $10,000 ACE and/or $10,000 LISTA rewards:Â
Task 1: Visit the Activity landing page and follow the projectsâ accounts on Square. Task 2: Click the [Share] button on the pinned posts to share with your friends or on social media. Task 3: Complete any of the following trading tasks to unlock the corresponding rewards for ACE and/or LISTA: (Binance will verify usersâ eligibility after the Activity ends) Spot: Trade a minimum of $100 of ACE and/or LISTA in a single transaction Earn: Deposit a minimum of $100 of ACE and/or LISTA in a single transaction Convert: Convert a minimum of $100 of ACE and/or LISTA in a single transaction Web3 Wallet: Swap a minimum of $100 of ACE and/or LISTA in a single transaction Pay: Send a minimum of $100 of ACE and/or LISTA to another Binance user in a single transactionÂ
During the Activity Period, eligible users who successfully complete all of the above tasks (Task 1, 2, and 3) will qualify for an equal share of the ACE and/or LISTA reward pool on a first-come, first-served basis. Please note that the reward per qualified participant is capped at $5 of each token.Â
$SOL began rising on thursday a day after the positive CPI data announcement made on Friday, which was favorable for crypto.
The upward move has broken several resistance levels (136, 142, 148) after it's Friday low at 134 05 and is now in the reversal zone (148.53 - 154.83).
If Sol surpasses 154.83, the next resistance is 162. However, if it falls below 148, the move will be invalidated, and we can expect 142 and 142.
$SOL began rising on thursday a day after the positive CPI data announcement made on Friday, which was favorable for crypto.
The upward move has broken several resistance levels (136, 142, 148) after it's Friday low at 134 05 and is now in the reversal zone (148.53 - 154.83).
If Sol surpasses 154.83, the next resistance is 162. However, if it falls below 148, the move will be invalidated, and we can expect 142 and 142.
We are currently in an upward trend on $ETH . $ETH is attempting to break the 50ema on 4hr. If we do, we can expect to continue our journey back to 4093.
Coti Launches $10M Rewards Program to Support V2 Token Rollout
Ethereum-based confidentiality layer Coit will distribute Coti v2 tokens worth $10 million via airdrop to the holders of its native Coti (COTI) token.
Coti v2 is a privacy-centric layer-2 protocol on Ethereum dedicated to safely transmitting sensitive data over the blockchain across Web3 applications.
The company announced an upcoming community rewards initiative, which involves airdropping 40 million Coti v2 tokens to its existing native and ERC-20 COTI holders.
According to the announcement shared with Cointelegraph, the Coti v2 airdrop campaign will commence on March 25. However, the distributions of the Coti v2 tokens will start in the last quarter of 2024, right after its token generation event.
In addition to the existing COTI tokenholders, the eligibility for airdrop rewards is also automatically extended to all treasury participants. Coti further noted that the airdrop is in addition to all annual percentage yield rewards for tokenholders. The announcement states:
âUsers simply need to have a deposit in the Treasury to participate, but those who have made deposits before February 28, 2024, will receive an additional bonus as a show of the COTI teamâs gratitude for their early support.â
Cotiâs treasury had a total value locked of roughly $98.7 million at the time of writing. Rewards for each investor will be determined based on their depth of involvement in the ecosystem. The company positions the Coti v2 launch as the key to unlocking brand-new use cases for the Web3 economy through confidentiality.
The company also plans to extend rewards further by offering longer lock periods of 180, 270 and 360 days starting March 25.
Related: Starknet populated by airdrop hunters ahead of token launch: Report
January 2024 marked the start of the airdrop season as protocols cumulatively offered $700 million in token airdrops in just a week.
As Cointelegraph previously reported, the Ethereum scaling solution AltLayer, multilayer rollup deployer Dymension and the Solana-based decentralized exchange Jupiter were prominent protocols that offered rewards to their users.
Crypto users hunting for crypto token airdrops on X are advised to do extensive research on projects they intend to invest in. Additionally, investors must be on the lookout for accounts impersonating prominent crypto projects, often promising unrealistic returns on investment.
Magazine: South Africaâs digital-nomad crypto hub: Cape Town, Crypto City Guide
Top 8 Altcoins With 100x Potential, Aiming for $1 Million Profit
The post Top 8 Altcoins with 100x Potential, Aiming for $1 Million Profit appeared first on Coinpedia Fintech News
As Bitcoin ($BTC) reaches new heights, some investors hesitate, fearing they missed the rally. Yet, crypto enthusiast Cyclop sees a different picture. He believes that the market cycle is just starting, and altcoins are yet to make significant moves.
8 Altcoins with 100x Potential
Exploring potential gems in the crypto space is crucial, especially when the market dynamics are shifting. Cyclop has outlined eight promising altcoins with the potential to turn $1,000 into a million during this market cycle.
$BTC is close to its ATH, missed it? No worries.You can still turn $1k into million this cycle.$MATIC made 300x after $BTC pump last bull run.Wanna find next $MATIC? Ape in new shiny projects, no $ADA, $XRP, $ATOM.Here're 8 plays with 100x potential for this cycle pic.twitter.com/XgjJWVqBZT
â đ°đđ°đčđŒđœ (@nobrainflip) March 6, 2024
ENQAI (enqAI): enqAI is an uncensored AI project with substantial potential in the growing AI sector. It has a market cap of $119M. Despite a slight drop of 8.8%, its current price is 0.123, showing an 18% increase in the last 24 hours.
JTO (Jito Network): Next in line is Jito Network, a robust supporter of Solana through its JitoSOL staking pool. With a market cap of $315M, JTOâs current price is $2.7, JTO shows a 2.73% dip but sustains a noteworthy $126M trading volume.Â
CGPT (Chain_GPT): ChainGPT, at the forefront of advancing AI for Web3, Blockchain, and Crypto space, showcases a $160M market cap. Currently, priced at $0.386, it impressively surged by 15.53% in the last 24 hours, boasting a $14M trading volume.
STRK (Starknet): Starknet, a ZK-Rollup functioning as L2, allows dApps to scale while maintaining Ethereumâs security. With a market cap of $1.7B, STRK is priced at $2.33. Despite 41.04% decline in itâs trading volume of $832M.
CelestiaOrg (TIA):Celestia (TIA) simplifies blockchain launches and wields a formidable $2.7B market cap. As of now itâs price stands at $16.04, showcasing a 1.04% increase, with an impressive $192M trading volume.
MaviaGame (MAVIA): MaviaGame presents Heroes of Mavia, a Web3 MMO Strategy game for mobile. With a market cap of $178M, MAVIA is priced at $5.96. Meanwhile, it has maintain a trading volume of $48M.
Miladymemecoin (LADYS): $LADYS, a new entrant in the meme coin arena with NFTs, is currently priced at $0.0000001044, boasting a $97M market cap. Despite a 9.19% drop, the potential for explosive growth remains.
Satoshivm (SAVM): Satoshivm, a BTC ZK Rollup, stands strong against FUD with a $51M market cap. Priced at $9.13, it surged impressively by 10.9% in the last 24 hours.
Meanwhile, for those looking for the next big move, these altcoins present strategic opportunities with unique strengths.
February 2024 was a remarkable month for the Fetch.ai (FET) token, witnessing exceptional growth and solidifying its position within the crypto ecosystem. Here's a breakdown of its performance and future potential:
February Performance:
Significant Price Increase: FET experienced a surge of over 59% throughout February, reaching a monthly high of $0.6004 on February 8th. This impressive gain came after starting the month at $0.2757.
Outperforming the Market: While the broader crypto market saw some growth, FET's performance significantly outpaced the average, highlighting its strength and investor confidence.
Factors Contributing to Growth: Several factors contributed to FET's rise, including:
Positive sentiment surrounding AI: Strong performance by leading AI companies and positive industry news boosted investor interest in AI-related tokens like FET.
Partnership with Cardano: SingularityNET (AGIX), another prominent AI token, partnered with Cardano, leading to a ripple effect across the AI token space, benefiting FET.
Potential in the Crypto Ecosystem:
Growing AI Adoption: As Artificial Intelligence continues to be integrated across various industries, the demand for solutions offered by Fetch.ai, like its decentralized machine learning marketplace, is expected to rise.
Strong Technical Analysis: Analysts remain bullish on FET, citing its strong technical indicators and historical trading patterns as positive signs for future growth.
Limited Market Cap: Compared to established cryptocurrencies, FET still possesses a relatively low market cap, indicating significant room for potential future appreciation.
Overall, February's performance and the growing adoption of AI technologies position $FET as a token with significant potential within the crypto ecosystem. However, it's crucial to remember that the crypto market remains volatile, and investors should conduct their own research before making any investment decisions.
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