Bitcoin made another attempt to break above the resistance zone but faced rejection, leading to a sideways movement within the support and resistance levels. The price is currently consolidating in this range.

It appears that CHZ has successfully broken through the resistance area with good trading volume. If you have opened any long positions, it would be wise to increase your stop loss to the breakeven point. There is a possibility of a move towards the next resistance area. If you are considering opening long positions, it would be sensible to do so near the support area.

Support Area: $0.0835-$0.0854

Resistance Area: $0.110-$0.112

#GRT is been tapped into the support zone and bounced from there. Well, price moved around 5.6% in profits and better move stops to Breakeven. Price shifted the market structure and the range is pretty small to hodl it high. Try to book profits at Strong Resistance area and shorting too.

Notice of Removal of Spot Trading Pairs - 2024-01-19
https://www.binance.com/en/support/announcement/44f3c7f4136b40dda2c93ad0ecc2c0a9

Notice of Removal of Spot Trading Pairs - 2024-01-19
https://www.binance.com/en/support/announcement/44f3c7f4136b40dda2c93ad0ecc2c0a9

ASTR is now trying to break the resistance trendline of the triangle. A break and close above the resistance line will start a new rally. A rejection from here will send us back to the support area.

Support Area: $0.134-$0.14

Resistance Area: $0.20-$0.22

#KLAY did what we're anticipating in a very short time, price made a huge jump and a high of $0.26, which is 40% in profits. We already hit the TP area and price is retracing. I hope you secured some profits and enjoyed. Next buys can come from $0.20 mark.

What Is an Initial Token Offering (ITO)?

Initial Token Offerings (ITOs) share a resemblance with Initial Coin Offerings (ICOs), and these terms are frequently used interchangeably. However, it's vital to recognize subtle differences.

While ICOs typically aim to raise funds for new cryptocurrencies, ITOs place emphasis on tokens showcasing either proven or unproven intrinsic utility. This utility may manifest in various ways, such as providing investors with exclusive access to a platform through a subscription model. Token holders, in turn, unlock privileges to utilize exclusive services within a given ecosystem. For instance, an exchange may offer reduced trading fees to token holders.

It's important to note that ITOs are more intricately linked with the concept of tokenization rather than crowdfunding. This signifies a shift towards leveraging tokens for their inherent utility within a specific ecosystem.

In the realm of cryptocurrencies, a crucial distinction exists between coins and tokens. Coins, such as Bitcoin, XRP, and Ethereum, operate on their proprietary independent blockchains. On the flip side, tokens function on existing blockchains, often adhering to standards like Ethereum's ERC-20.

The decline in the popularity of ICOs within the crypto industry resulted from a waning public trust caused by the revelation of scams and the subsequent devaluation of numerous projects shortly after their launch.

#ATOM / USDT :

TF : 1D

- The price is currently in an uptrend, forming higher highs (HHs) and higher lows (HLs) above the 200EMA.

- After a strong bullish move, the price is now retracing back to the 200EMA. Based on this analysis, it is anticipated that the price will bounce back from the current level and continue forming new highs.

Expected Returns : 25-30%

Plan :
Entry : $10.28
Target : $13.28
SL : $8.74

The Bitcoin Hash Rate is on an impressive upward trajectory, hitting an all-time high (ATH) of over 600 EH/s. To put this in perspective, it represents a staggering 600 quintillion guesses every second as the network relentlessly works to solve the Block puzzle.

#BTCUSD analysis
After the breakout and trapped in 49000 level, Price taken support around 41500 and if it fails to hold that support then it could go down.

https://x.com/proanalysisb/status/1747288805537698136?s=46&t=CXYkY_LmfxJGksGi91zW0g

BOND analysis:

The price has been testing the resistance area several times, indicating a possible breakout. Additionally, there is a small uptrend line that serves as a support area. To get a better idea of market movement, we should watch for a price close above the resistance area before entering new positions. This could lead to a good opportunity to buy.

Resistance Area: $3.50-$3.68

Here's the Analysis of #SUI :

#SUI is been building the continuous Higher High and Higher low, with that price also reached the nearby listing High and ATH price. Now , price caught up in a range between the resistance area of $1.39 - $1.42 and Support zone of $1.21 - $1.24. Now, a good buys can come from support with lower risk and a safer side would be wait for a breakout either side, to get in the setup.

#ASTR / USDT : Technical Analysis

TF : 4h

- The price is currently in an uptrend above the 200ema. After a bullish move, the price retraced and found support at the 200ema before bouncing back.

- There has also been a breakout of a counter trendline, which could be seen as a signal to enter a long position. As for the target, you can consider aiming for the previous price rejection level.

Expected returns : 30%

Plan :
Entry : $0.170
Target : $0.224
SL : $0.138

#BTC didn’t moved alot and making ranges after range in a LTF. Well, right now price forming a Inverse Head & Shoulder Pattern, over the major Support Area and its a strong bullish sigh that potentially market gonna reverse. Eyes on the breakout over the resistance build up with the pattern

SOL analysis:

The price is currently forming a symmetric triangle and it is very close to breaking out. The direction of the breakout will determine the next move. It is advisable to wait for the breakout before entering any new positions. The support and resistance levels following the breakout are provided below.

Support Area: $85-$87

Resistance Area: $114-$116

Finally, BCH breaks the symmetric triangle and the price is holding above the uptrend line. You can open small long positions near the support level. The resistance level remains the same.

Support Area: $235-$245

Resistance Area: $300-$320

The chart below shows an oscillator for the percent change of futures open interest. This tool can be used to spot periods of rapid change in aggregate market leverage.

🔴 High values indicate OI has increased by +2 standard deviations.
🔵 Low values indicate OI has decreased by -2 standard deviations.

We can see that there was a significant deleveraging event on 3-January where almost $1.5B of OI was closed out in a single day. Conversely, OI increased significantly between 9 and 11 January as ETF speculation peaked, and prices approached $49K.

This was greeted by a weekend sell-off back down to $40k, with new owners of ETF shares introduced to Bitcoin's 24/7 trading environment.

#PRA
#LOKA / USDT :

TF : 4H

- The price is on an uptrend, forming higher highs and higher lows. After breaking out of a previous resistance zone, the price is currently retesting and finding support above it.

- It's expected that the price will bounce back from this support level and potentially test its previous swing high or even form a new high.

- Just keep an eye on the price and wait for it to break above the $0.30 level for a long entry.

Expected returns : +23%

Plan :
Entry : $0.303
Target : $0.374
SL : $0.254
@RG_Analitics
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What is instamine?

While Bitcoin's supply is gradually released until 2140, instamining involves swiftly mining a substantial portion of total mineable coins or tokens in a project within a compressed timeframe. This rapid distribution may lead to uneven allocation among investors.

During a cryptocurrency's instamine period, a significant amount of the digital asset becomes available early on when investor interest is typically high. This instamining process often results in a substantial increase in the cryptocurrency's supply, leading to lower prices.

Instamining can occur intentionally or accidentally due to flaws in mining algorithms. Some newly launched cryptocurrencies intentionally incorporate instamining to attract investors during the initial phase.

It's essential to distinguish instamining from pre-mining, where some or all of a coin's supply is generated before becoming available to the public. Instamining has been associated with fraudulent activities, and concerns about unfair competition arise when a large group purchases many tokens and sells them at significantly lower prices.

For instance, Dash faced challenges during its launch, experiencing issues in the algorithm adjusting mining difficulty. This led to the issuance of two million coins (15% of the supply) two days after launch, which were then sold at very low prices. Although the incident didn't result in massive adverse consequences, instamining poses a potential threat to cryptocurrencies.