Bitcoin began the week with a strong upward movement. The price bounced after testing the support area and is now heading towards the resistance zone. Whether the upward movement continues or not will be determined by the US market opening. Let's observe how the price reacts.

#US30 UPDATE :

#US30 kept on hodling the support area and we can se price played well both sides, but eventually closing is above. You can expect a upmove this week towards the resistance area around 39,850 and higher.

DOT retested the support area as expected and bounced from there. We hope that you accumulated some DOT at the support area. Hold the position as we may see a move towards the resistance area.

Resistance Area: $6.80-$6.95

#PRA
#DENT/USDT analysis -

#DENT be in a downtrend, trading below the 200 EMA. The price be pulling back and is expected to test the resistance zone near the 200 EMA soon, then be dropping further to test the previous lows.

TF : 4h
Entry : $0.00106
Target : $0.00088
SL : $0.00111
@RG_Analitics
Подписаться....

There's a new dawn on the horizon for the crypto community.

The magnitude of unrealized profit held by LTHs can be considered as a measurement of the incentive for this group to spend coins, and take chips off the table. We can visualise this psychological incentive using the LTH-NUPL metric.

At the time of writing, LTH-NUPL is at 0.66, which resides between levels associated with the pre-euphoria phase 🟢. This condition has been in play for 96-days, which is a very similar duration to the 2016-17 cycle.

XRP analysis:

Price is currently trading at a major support area on the daily time frame. There might be some accumulation at the support area, so you could consider opening a small long position there.

Support Area: $0.45-$0.473

Resistance Area: $0.569-$0.592

What Is the Semantic Web?

The Semantic Web is the vision about an extension of the existing World Wide Web which provides software programs with machine-interpretable metadata of published information as well as data. The Semantic Web would essentially add further data descriptors to otherwise existing content and data on the web, and as a result, computers would be able to make meaningful interpretations, similar to the way we as humans process information in order to achieve our goals.

The ambition of the Semantic Web is to enable computers to manipulate information on our behalf.

The Semantic Web idea was created by Tim Berners-Lee, who explains that the word "schematic" indicates machine-processability or what a machine is able to do with the data.

As such, the Semantic Web can be seen as a knowledge graph formed by combining connected, linked data with intelligent content in order to facilitate machine understanding as well as the processing of content, metadata as well as other information objects at scale.

The Semantic Web will lead to smarter, effortless customer experiences by giving the content the ability to understand as well as present itself in the most useful forms which are matched to a customer's specific needs. Semantic Web standards have the potential to unlock a crucial evolution in regards to the web towards intelligence which will allow the content we post online to be presented in a way that can be understood, connected and combined by machines.

📊 Bitcoin Spot Trade Market Share Update:

Over the past 12 months, Binance's share of all bitcoin exchange spot trades dropped from approximately 67% to closer to 30%. So, who captured the market share from Binance?

Here's the increase in market share of spot volumes over the past 12 months:

- Bybit: +20%
- Coinbase: +3%
- Rest of Market: +15%

The landscape is shifting!

#PRA
#IOTX/USDT analysis -

#IOTX be currently rejecting from the rejection zone after forming a lower low. It be expected to decline from there and be testing the previous low. A stop loss will be placed above the rejection zone for risk management.

TF : 4h
Entry : $0.0395
Target : $0.0372
SL : $0.0409
@RG_Analitics
Подписаться....

Here's the Analysis of #WLD :

#WLD reached the major support area of $2.35 - $2.43 might move lower. A Daily candle is needed to close below to see some sort of confirmation. Its a crucial point, let see a Rejection and close above might turn it into the fakeout.

QNT analysis:

Price is currently in a downtrend and is unable to hold the major support area. QNT is now heading for a retest, and we will see if the price is able to break this level or not.

Support Area: $63.5-$67.5

Resistance Area: $82.7-$84.8

#PRA
Crypto Fear & Greed Index: 52

Yesterday, the index was 33.

When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.

Note: This indicator reflects the overall market sentiment.
@RG_Analitics
Подписаться....

NEAR is slowly approaching the resistance area. If the price can break above this resistance area, then we could see a move towards the major resistance area. A rejection from here will send the price towards the support area. It's better to wait for price action before making new entries.

Resistance Area: $5.50-$5.85

Major Resistance Area: $8.00-$8.50

🚨 Breaking News:

US Bitcoin ETFs saw $310 million in inflows yesterday, marking the highest in a month.

This significant influx highlights growing investor confidence and a bullish sentiment in the market.

ALT analysis:

Price is currently trading within a downtrend channel and is unable to break the resistance line. Before considering any trades, it is advisable to wait for a break above the resistance line.

Support Area: $0.11-$0.116

Resistance Area: $0.136-$0.140

Bitcoin broke through the resistance area with a large green candle, which is a good sign for the entire crypto market. We may now see some sideways movement before moving towards the next resistance area.

Support Area: $59,500-$60,000

Resistance Area: $64,500-$65,000

#BTC gave a weekly closing below the resistance area but this week candle trying to push to the upside(Above Resistance). Daily candle closing gave decent closing above $60,000 which looks healthy. Price need to see a closing above $62,000 and we can see market continue to pump again.

#US30 UPDATE :

#US30 gave a breakout to the upside, and that's the reason we wait for the breakouts. #US30 printed a new All-Time High, and still pushing. Price now expected to take back a pullback 40,000 or deeper at 35,000.

ETH is expected to continue its upward movement, heading towards the resistance area. It is advisable to accumulate ETH during dips for the mid-term, as the spot ETF is expected to drive significant buying and pump.

"STH cost basis exceeds current price. Analysis of different age groups within STH cohort shows:
- 1d-1w, 1w-1m, 1m-3m: average unrealized loss
- 3m-6m: only group with unrealized profit (avg. cost basis $58k)
This indicates unproductive consolidation for traders and highlights $58k as a key price level."