#ZIL gave a good rejected over the resistance area and dropped around 8% in favor. Price is again up for the testing out the zone, and anticipating a rejection now, bit incase price flips the zone, we have all the way to move till major resistance zone around $0.0361

Even though the price of #Bitcoin has increased by more than 100% from its lows, there hasn't been a significant increase in the spending of older #coins. The chart presented below indicates that less than 20% of the wealth held in Bitcoin belongs to coins that are less than 3-months old, a situation typically associated with #bear cycle lows.

This implies that coins held by #Hodlers (older than 3-months) still constitute more than 80% of the wealth, despite the market's downturn in 2022 and its subsequent upswing in 2023.

Similarly, these Supply (Older than 3 month), goes below 20%, which is the sign of the Market bottomed out. Let's see how far thus data is correct 👀

Educational Post

WHAT IS THE ETHEREUM VIRTUAL MACHINE (EVM)?

At its core, the EVM is a highly specialized software that processes smart contracts on Ethereum. 

Unlike Bitcoin (BTC), Ethereum's developers didn’t focus on creating a peer-to-peer (P2P) digital payment network. Instead, they used blockchain technology to "decentralize" all aspects of the web. Developers Vitalik Buterin and Gavin Wood introduced self-executing commands called smart contracts. Once a smart contract meets a set of conditions, it automatically executes preprogrammed orders. 

The EVM stores, processes, and broadcasts these Ethereum-based smart contracts. Whenever smart contracts change on the Ethereum blockchain, the EVM analyzes new transaction data and posts the latest information on upcoming blocks. 

Although the EVM has traits of a physical "machine," it's not a device. Instead, the thousands of nodes running the Ethereum blockchain sustain this "virtual" computer. Everyone running a node on Ethereum automatically participates in the EVM.

Developers who build on Ethereum also use the EVM to code new projects across industries such as DeFi (decentralized finance) and play-to-earn-gaming.

LTC analysis:

LTC is forming a rising wedge pattern on the 4-hour chart. The price tested the trendline support and bounced a little from there. The good support is the $82.20-$83.50 area and a break below the $82 level will send the price toward the $63-$65 support area.

Here's the Analysis of #OCEAN :

#OCEAN is been bouncing of the supporting trendline and trading inside the falling wedge pattern, in which breakout is still pending. Wait for a breakout of the happen for potential buys. Structure looks bearish, so a break below of the trendline, whill be high probable shorting opportunity till major support zone of $0.300 - $0.307

SCALP TRADE SETUP:

#SXP/USDT Long Call:

Enter: Market

Targets:
1) 0.6022
2) 0.6079
3) 0.6133

Risk: Medium to High
Advised Leverage: 5X to 8X

Price tried to go above the $27,600 area and was rejected from there. The market needs to break and hold above this level to gain some upward movement. We might see more downward movement toward the $27,000 level. Keep tight stop loss in all trades.

#BITCOIN WEEKLY UPDATE :

#BITCOIN did what anticipated throughout this week. Price retraces this whole week and came nearby $27,000. Well, this might be a fakeout rather than retracement but as of now, price is hodling above the Daily Strong Support area. Price must needs to hodl this else, we can see a clean move down till $24,600 and lower.

#ZIL flipped above the resistance and moved up after a immediate retest. Price again rejected the major resistance area, were dropped around 8.4%. Price plating out the zone perfectly as drawn and if you took advantage, good for you 📈

ETH tested the support of $1830-$1860 and bounced from there. You can open a long position if the price comes back in this zone. The key level is $2000 and we see a good upward movement if the price breaks above the $2000 level.

#WAVES did gave a scalping move down after a candle close. If you took the opportunity then great for you, as of now, you should wait for the proper retest back to the major resistance after a potential setup

Dear members,

Get ready with your KuCoin accounts for a bottom based signal by our whales and targeting 100%+ in short term 🚀

45 min left | 5PM GMT Today 🕓

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Dear members,

Get ready with your KuCoin accounts for a bottom based signal by our whales and targeting 100%+ in short term 🚀

45 min left | 5PM GMT Today 🕓

Stay tuned😊

Only few minutes left until the bottom based signal on Kucoin!

Keep an eye here. Coin will be posted anytime soon 😊

Only few minutes left until the bottom based signal on Kucoin!

Keep an eye here. Coin will be posted anytime soon 😊

#DFA is ready for a moonshot 🚀

Now is the right time to build your position in DFA before breakout for massive profits in short term🚀🚀

#DFA is ready for a moonshot 🚀

Now is the right time to build your position in DFA before breakout for massive profits in short term🚀🚀

The boom is coming in #DFA

Targeting 100% here🚀

The boom is coming in #DFA

Targeting 100% here🚀

CHZ analysis:

CHZ broke the support level and now trading below it. The next support is the $0.11-0.1125 area and we may see a test of this level before the next move. A break above $0.125 resistance will bring upward movement toward the $0.14 resistance area. This is no trade zone for CHZ.

Here is the analysis of #ID:

Price tapped into the support zone of $0.653-$0.681. This is a zone of high interest and the possibility of bounce is there. Open long here with tight stop loss. The resistance is $0.815-$0.84 and zone for profit booking.