Here's the analysis of #SOL :

#SOL rejected hard from the strong resistance level of $40.20 - $42.80. Price now about to retest the downtrend resistance line after thr breakout. Not expecting much now as market is sustaining below $20,000. Better wait for thr opportunity.

#BTC took liquidity below the support zone and bounced from there. Price tried to break the $21,000 area but rejected hard from there. Market is hanging between support and resistance level. Wait for sometime for taking new trades.

#DOGE price dropped back to the buy zone and holding this area. Buy with tight stop loss below this zone. We might see some bounce from here. The local resistance is $0.6780-$0.6830 area. Keep stop loss below $0.62 level.

#ALICE dumped from there to the support level and also broke the support level. Price is now trading below the support level. Wait for new entries we might see a test of lower support zone. Market is also looking bearish.

Here's the analysis of #APE :

#APE recently rejected from the strong resistance of $5.37 - $5.72. Price also broke the downtrend resistance line which leads in short-term bullishness. Price now trying to gain momentum from the support level but currently buys not looking good. Price might range here so wait for the breakout.

#BTC reversing back inside the zone after the pump. Higher Time Frame shows strong bearish momentum but market may trend short-term bullish. On, LTF market may range between this zone, so trade less trades and wait for the breakout.

#MATIC took use out at breakeven, i hope you took a profit with the increase in market. Now, price again reverse back to major support zone and trying to bounce too. Structure still remains bearish, so for buys and look for short-sells.

#GMT broke the uptrend channel and also broke the strong support zone, which is now turned into major resistance of $0.83 - $0.89. Price retested the zone now looking forward to dip more. You can open short-sell position with low risk.

Educational Post:

What Is GameFi and How Does It Work?

GameFi refers to play-to-earn blockchain games that offer economic incentives to players. Typically, players can earn cryptocurrency and NFT rewards by completing tasks, battling other players, and progressing through the different game levels.

Unlike traditional video games, most blockchain games let players transfer the gaming items out of the game’s virtual world. This allows players to trade their items on NFT marketplaces and their crypto earnings on crypto exchanges.

Typically, players can earn in-game rewards by completing tasks, battling other players, and progressing through the different game levels. They can also transfer their assets outside of the game to trade on crypto exchanges and NFT marketplaces.

In most cases, traditional video games won’t generate any financial returns to players, and their in-game assets are controlled and held by the gaming company. In contrast, P2E games can give players full control over their in-game assets while also offering opportunities for them to make money.

#FIO did a great job and hits the 1st target. Price nearly goes to the 2nd target. Price made a high of 170 Satoshi, which is 35.4% in profits. I hope you locked some profits over there.

#LUNA took support at $2 and holding that level. The resistance is $2.21-$2.23 area and price may reject from there. There is no bug or sell setup for now. Price is ranging between the ranges, So, wait for sometime for new positions or a breakout.

#MDT pumped hard and made a high of 147 Satoshi, which is 16.1% in profits. I hope you took some profits over there.

#TKO did the same and achieved the 1st target and made a high of 1715 Satoshi, which is 26% in profits. Our signals are going good these days and I hope you're enjoying it.

#QSP took a bit time to move up but price successfully hit the 2nd target of 165 Satoshi. Price made a of 170 Satoshi, which is 65.8% in profits. I hope you're enjoying our signals.

#AUCTION pumped hard after a long time and achieved all target at once. Price made a high of 4770 Satoshi, which is 109.60% profits. I hope you locked some profits with increase in market price.

The wick is showing price rejection. Market structure is still bearish on higher time frames. Market is ranging between support and resistance. Lets see if market structure changes on lower time frame.

#SOL took a bounce from the downtrend resistance line. Currently, price taking resistance from the local zones. Price breakout above $34 can look for buys with proper stops below previous swing low.

#ALICE retested and and made a new lower-low. The next support level is around $1.89 - $2.03 and price is expected to reach there. If you opened short-sell positions then make sure to shift stops. Price retracing back can be the another opportunity too.

What is a crypto airdrop?

A crypto airdrop refers to the transfer of digital assets from a crypto project to multiple wallets. The idea is to distribute coins or tokens to current or potential users to increase awareness of the project. These tokens are given out for free, but some airdrops require users to perform certain tasks before claiming. Crypto airdrops became popular during the initial coin offering (ICO) boom of 2017, but are still used as a marketing strategy by many crypto projects today.

How do crypto airdrops work?

There are different types of crypto airdrops, but they usually consist of a small amount of cryptocurrency being distributed to several wallets (usually on Ethereum or Binance Smart Chain). Although less common, there are also projects that giveaway NFTs instead of regular crypto.

Some projects will do the distribution without asking for anything, while others will ask you to perform certain tasks before claiming. These tasks often include following social media accounts, subscribing to a newsletter, or holding a minimum amount of coins in your wallet. However, you are not always guaranteed to get the airdropped tokens.

In some cases, the airdrops are given only to wallets that interacted with the project's platform before a certain date. 1INCH and Uniswap are popular examples that used this method to support early adopters. But unlike common airdrops, those were worth thousands of dollars.

Why do crypto projects perform airdrops?

Blockchain projects give out free tokens in an attempt to gain wider adoption and grow their network. A higher number of holders is often seen as a positive metric, which also makes the project more decentralized in terms of token ownership. Crypto airdrops also motivate recipients to use and promote the project. This can help cultivate an initial user base before the project lists on crypto exchanges.