$ANIME is getting attention from traders and investors after showing some upward movements. It appears its consolidating days are over and finally it is ready to cross its high and create historical high💸💸💸💸💸
Although momentum amd market sentiments are bullish, i suggest to trade with proper stop loss.
$TRIA is showing upwards movements with few red sticks in between. Market is in decision zone and trying to play with each other. With competition going on at $TRIA we can still hope that it will be able to make new high 👍👍👍👍
Who else is participating in this competition and how much have you earned or loss?
$ASTER is bullish and its hourly and day chart is showing more bullish moments ahead. Previously it's high reach $3 making lot of traders and investors hopeful for it. Now with the pace it is moving ahead, we can cross 0.9- 1.0 if the momentum continues.
$PENGUIN during it bull high, it was so close to touch 0.2. However now it is fluctuating between 0.03-0.02. Usually meme coins need market influence to hype up it's price. I am wondering what will be its new market influence to hype up the price? Will it be able to cross it previous bull high or it will go downhill?
$pippin is still going strong ahead. It is trying to break its previous days high and by the movement of 15mins chart and 1hour charts, buyers are still aggressively buying and pumping the price.
Currently it's resistance is 0.50,if it is able to cross and hold 0.50 previous days high can be easily achieved because of market hype.
Trade carefully as it is trying to break the resistance. Let's trade carefully 💸💸💸💸
$ANIME hourly and day chart shows slow and declining slope. The more you look at it, the more slope fall you see. Although there are some movemens in 15mins charts, it is still not enough to break the bearish trend.
At the moment, it has to have a big impact or influence to reverse this bearish trend. Currently i see some traders leverage being liquidated which might can cause some movements in the volume and price. We still have time to see what will happen and if the waves will finally turn into bullish or not👀👀
If you believe it is the dip that is going to bounce than let's trade and wait for our bull ride 👇
$PIPPIN is showing bullish momentum in its hourly and day chart🔥❤️🔥❤️🔥
With major movement and more than 20% gain, it has been able to attract attention of traders and investors alike. With increasement in volume and price, we can see bullish trend being formed along the way👏👏👏👏👏👏
$ZKP strong hike is taking a breather. After gaining more than 30%, it has finally come to take a breather. Upwards Momentum is lost for time being and according to hourly and day chart, short consolidating is occurring.
Analysing the chart and market movements, bearish run will happen for quite a while, however if it happens to cross above 0.1095, we can assume bullish run ahead.
Understanding different crypto currencies: Their purposes and market behaviour.
We see lots of crypto coins and their values fluctuating within the blink of our eyes. As a beginner everything seems different and difficult. Even coins and their types makes you confused and feel lost in the process. So, let's make it easy for everyone and let's learn as, "CRYPTO CURRENCIES BASIS 101". The crypto market consist of digital assets, each designed with their own specific purpose. Once we are able to learn what that coins does, it will be very easy for you to decide whether that coin will have future value or not. Recent low and underperforming coin can be of value in future. 1. PAYMENT COINS It is designed to function as digital money. It is created as a decentralised alternative to traditional currencies. Market behaviour: #. Tends to move with overall macro sentiments, #. Often leads market cycles, Eg: Bitcoin, it is a benchmark for the boarder crypto market. 2. LAYER 1 COINS Layer 1 blockchains serve as the foundation for decentralized applications (dApps), DeFi platforms, NFTs, and other blockchain-based services. Layer 1 coins are typically considered core holdings within the crypto ecosystem. Market behaviour: #. Strong correlation with Bitcoin, #. Performance tied to ecosystem growth and network activity, Eg: BNB, SOL, ETH, ADA 3. LAYER 2 COINS Layer 2 solutions improve the scalability and efficiency of Layer 1 blockchains. They usually have lower gas fee and have fast transaction value. Market behaviour: #. Highly narrative-driven, #. Sensitive to ecosystem developments, #. Can outperform during Ethereum-focused market cycles, Eg: ARB, MATIC 4. STABLECOINS Stablecoins are pegged to fiat currencies, typically the U.S. dollar. They play a crucial role in risk management and trading strategies. Mainly used for trading pairs, capital preservation and transfers. Market behaviour: #. Used as liquidity anchors in volatile markets, #. Minimal price volatility, Eg: USDT, USDC, DAI 5. MEME COINS Primarily community-driven assets with limited intrinsic utility. Community speculation and engagement causes it to thrive. Market behaviour: #. Influenced by social media and sentiment, #. Extremely volatile, Eg: DOGE, PEPE, SHIB 6. GAMING AND METAVERSE TOKEN They are used within blockchain-based gaming ecosystems. In game purchases, NFT assets etc. Market behaviour: #. Strong during gaming hype phases, #. Can experience extended consolidation periods and hype back again, Eg: AXS, GALA
Now we can easily understand which crypto does what. By understanding crypto coins, it helps us to acknowledge what are their functions, driving factors, historical patterns and its repetition. If we learn these basic ourselves, we can distinguish between good trader and follow their trades or we can set our own trade😎😎 I hope the next time when some smart pants starts talking about layer1/layer2, you can hit them back with meme coin/defi coins. 🤣🤣 $BTC $ETH $BNB #BinanceSquareTalks
$ARC bull movement is grabbing attention from short traders and investors 😍😍 With increasement witu +6%, we can see increasing in volume and its upward movements to cross its previous high. With this involvement with numbers and price, we can assume its previous days high can be within the reach😉😉
Let's do quick trade setup for quick gain😎 Ep: 0.060-0.071 Tp: 0.074-0.078 Sl: 0 0.68
If it goes any below than 0.060 bearish momentum can be foreseen 👀👀👀
$XRP is recovering after it's fall from previous days. Currently it has gained 1.10% with price circulation in at 1.43.
Many traders have analysed this price fall as "coin accumulation" by big institutions and investors. We can also see volume increasement attracting other traders to invest while it is in its low phase.
Looking back at its trade history personally I think, its better to buy and hold for time being and selling partially as it climbs up😎😎😎
Since, chart movements are fluctuating constantly, i cannot say/put any trade setups out there. If its low and it goes lower, than like all crypto ladies- i say ,"WE BUY THE DIP".
Fyi: XRP is really beating in IG too. As you know Lots of volume can be created in IG, and lots are taking interest in it too.
Although $ANIME is currently having bearish trend at the moment, i am keeping my patience 🫠🫠🫠🫠Its previous chart shows some potential and usually history repeats itself, so i will hold for some more time❤️❤️ Let's keep up the hype for $ANIME 💸💸💸 No hype, no engagement, no volume, no trades and no traders..Keep alive $ANIME
$DUSK gained 40% 🎉🎉🎉 Since it gained so much in less than 24 hours; now hourly chart shows exhaustion after huge climb, i suggest to trade carefully ❤️❤️❤️❤️
Dusk is my favourite coin, as this is one of the 1st coin where i learned to do trading🫣🫣
$TRIA is now showing Bullish moment in the chart. Its 15mins chart shows buyers actively pulling the price. Despite losing more than 15% point in 24 hours, we can see market is still active and energetic 👏👏👏
If the market is able to hold and sustain 0.0166 than we can expect it to run to 0.0175💸💸💸. However if market falls below 0.0145-0.0150 we can expect to see bearish moment for time being 🧐🧐