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In the realm of crafting compelling content, three critical elements stand out: “perplexity,” “burstiness,” and “predictability.” Perplexity serves as a gauge for the intricacy of the text, while burstiness delves into the ebb and flow of sentence structures. Predictability, on the other hand, determines the likelihood of anticipating the subsequent sentence. Humans often craft their compositions with a captivating blend of long, intricate sentences interspersed with shorter, punchy ones, creating an engaging cadence. Conversely, AI-generated text can be fairly uniform in structure. Thus, as we embark on the task of creating content, the aim is to infuse it with a healthy dose of perplexity and burstiness, while minimizing predictability, all while adhering to the use of the English language. With these objectives in mind, let’s reimagine the following text:

“Stock markets flashed green at the weekly open, and crypto prices followed. After two successive weeks of gains, the S&P 500 Index (SPX) started the week on a positive note. This suggests a risk-on sentiment which is a bullish sign. The volatility is likely to pick up as 11% of the S&P 500 companies are expected to report results this week. The risk-on sentiment could boost buying interest in select cryptocurrencies. One area where bullish activity is seen is the Grayscale Bitcoin Trust (GBTC). Grayscale’s legal victories have reduced the discount on the GBTC to its lowest level since 2021. This indicates that the investors are factoring in the possibility that the trust will finally convert into a spot Bitcoin ETF.

When the price does not break below the support levels on bad news and rises above the overhead resistance on favorable news, it shows that the shorts are running low on confidence. This increases the likelihood of an up-move in the near term. What are the important overhead resistance levels on Bitcoin and altcoins that need to be crossed to start an uptrend?

S&P 500 Index price analysis-

The S&P 500 Index (SPX) turned down from the 50-day simple moving average (4,401) on Oct. 12, but the bears could not sink the price below the important level at 4,325.

The 20-day exponential moving average (4,341) is flattening out and the relative strength index (RSI) is just above the midpoint, suggesting that bulls have a slight edge. Buyers will try to thrust the price above the overhead resistance zone between the 50-day SMA and the downtrend line.

If this zone is surmounted, the index will signal the end of the corrective phase. Conversely, if the price turns down and breaks below 4,325, it will indicate that bears are fiercely defending the 50-day SMA. The index may then retest the pivotal support at 4,216.

U.S. dollar index price analysis-

The U.S. dollar index (DXY) corrected from 107.34 on Oct. 3 and dipped to the 20-day EMA ($106) on Oct. 10. In an uptrend, traders generally buy the dips to the 20-day EMA.

Here too, the bulls bought the dip to the 20-day EMA, which started a rebound. The bulls will try to push the price above the 107.34 to 108 resistance zone. If they succeed, the index could start a strong rally toward 111. However, the bears are unlikely to give up easily.

They will try to guard the overhead zone and tug the price below 105.50. If this support cracks, the index may dip to the 50-day SMA ($104.81). This is an important level for the bulls to defend if they want to keep the up-move intact. Below this level, the index could fall to 103.

Bitcoin price analysis-

After trading between the moving averages for the past few days, Bitcoin made a decisive move on Oct. 16 when bulls kicked the price above the 20-day EMA ($27,224).

The momentum picked up further and the BTC/USDT pair skyrocketed above the $28,143 resistance. However, the euphoria was short-lived as the bears aggressively sold at higher levels and yanked the price back below $28,143. The 20-day EMA has started to turn up and the RSI has jumped into positive territory, indicating that the bulls have a slight edge.

If buyers achieve a close above $28,143, the pair may march toward $30,000 and then to $31,000. On the downside, a break and close below the 50-day SMA ($26,715) will tilt the advantage in favor of the bears. The pair may first plummet to $26,000 and then to $24,800.

Ether price analysis-

Ether has been oscillating between $1,531 and $1,746 for the past several days. Generally, in a range, traders buy near the support and sell at the resistance. Buyers purchased the dip to $1,521 on Oct. 12 which started a relief rally.

The bulls attempted to drive the price above the moving averages on Oct. 16 but the long wick on the candlestick shows aggressive selling by the bears. If the price turns down from the current level, the bears will make one more attempt to sink and sustain the price below $1,521.

If they succeed, the ETH/USDT pair may collapse to $1,368. Contrarily, the bulls will again attempt to push and sustain the price above the moving averages. If they can pull it off, the pair could jump to $1,746. This level is again likely to witness strong selling by the bears.

BNB price analysis-

BNB rebounded off the strong support at $203 and nudged above the downtrend line on Oct. 16. However, the long wick on the candlestick shows that the bears are selling on rallies.

The 20-day EMA ($210) has flattened out and the RSI is above the midpoint, suggesting that the bearish momentum is weakening. The bulls will again try to take advantage of this situation and propel the price above the downtrend line. If they can maintain the higher levels, it will invalidate the bearish descending triangle pattern.

The BNB/USDT pair may then climb to $235 and later to $250. This bullish view will be negated if the price turns down and plunges below the vital support at $203. The pair may then tumble to $183.

XRP price analysis-

XRP has been stuck inside the large range between $0.41 and $0.56 for the past several days. The bulls are trying to start a pullback, which is likely to face stiff resistance at the moving averages. If the price turns down from the moving averages, it will suggest that every minor relief rally is being sold into. That will increase the possibility of a drop to $0.46.

If this level also fails to hold, the XRP/USDT pair may descend to $0.41. Contrarily, if bulls thrust the price above the moving averages, it will indicate solid buying at lower levels. The pair will then attempt

a rally to $0.56. The bears are expected to protect this level with vigor.

Solana price analysis-

Solana made a resounding move, surging above the near-term resistance of $22.50 on Oct. 16. This action clearly indicates that the bulls are flexing their muscles. They pushed the price to the neckline of the inverse head and shoulders pattern, but scaling that level remains a challenge.

However, this is a crucial resistance point to keep a keen eye on, as a close above it would complete the bullish setup. Should that occur, the SOL/USDT pair could embark on a significant upswing, targeting levels of $27.12 and possibly reaching its pattern target of $32.81.

Yet, if the bears intend to thwart this bullish momentum, they need to act swiftly and pull the price back below the 50-day SMA ($20.56). In such a scenario, the pair might face a dip to $18.50.

Cardano price analysis-

Cardano showcased resilience, rebounding strongly from the robust support near $0.24. This rebound suggests that the bulls are unwavering in their defense of this crucial level. Although the immediate resistance posed by the moving averages presented some challenges, buyers made a valiant attempt to conquer this barrier on Oct. 16. The long wick on the candlestick indicates selling pressure at these higher levels.

However, if the bulls maintain their ground from the current level, the prospects of a rally above $0.28 are promising. While this level might once again pose resistance, if successfully surpassed, the ADA/USDT pair could set its sights on $0.30.

Conversely, on the downside, keeping a close watch on $0.24 is imperative. Should the price falter and turn down from the moving averages, it would increase the likelihood of a drop below $0.24. Such a scenario could potentially plunge the pair to $0.22, and subsequently, to $0.20.

Dogecoin price analysis-

Dogecoin experienced a revival as it reclaimed the breakdown level of $0.06 on Oct. 14, signaling the allure of lower price levels to prospective buyers. The 20-day EMA ($0.06) has flattened out, and the RSI hovers near the midpoint, indicating a potential reduction in selling pressure.

If buyers manage to drive and maintain the price above the moving averages, it would suggest the inception of a fresh upward move to $0.07. Nonetheless, this level might prove to be a formidable obstacle. If successfully cleared, the DOGE/USDT pair could set its sights on $0.08.

However, on the flip side, if the price retraces from the current position, it would imply that the pair might continue to consolidate within the $0.055 to $0.06 range for a little while longer.

Toncoin price analysis-

Toncoin (TON) has found itself trading below the moving averages since October 12. An encouraging sign is that the bears haven’t been able to capitalize on this weakness, indicating a reluctance to sell at lower levels. The bulls did make an effort to push the price back above the moving averages, but the long wick on the candlestick suggests that the bears remain resolute.

Sellers may attempt to sink the price below $1.89, initiating a deeper correction. The next support levels on the downside are at $1.80 and subsequently at $1.60.

If the bulls intend to signal a comeback, they’ll need to drive and sustain the price above the moving averages. In this scenario, the TON/USDT pair could potentially see a rise to $2.20, and further to $2.31.

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Toncoin And SUI Post Exciting Gains While NuggetRush Receives Investors From Top Crypto Communities





  • Toncoin (TON) surged explosively from $3.32 to $5.02 within a week, defying the market drop. This surge broke previous resistance levels, making it a favorable investment. The introduction of The Open League contributed to the bullish momentum.
  • Sui (SUI) is a top altcoin with a thriving ecosystem, attracting developers and users, leading to a record $700 million total value locked (TVL). Despite recent market fluctuations, SUI has remained bullish, staying above key moving averages.
  • NuggetRush (NUGX) unleashed a new era for cryptocurrencies by offering tangible use cases through a play-to-earn (P2E) game model. Participants earn income by building a mining empire, participating in in-game activities, and selling collectibles.

Toncoin (TON) has experienced an impressive resurgence, defying market trends with a notable price increase. Elsewhere, Sui (SUI) features an advanced ecosystem that has attracted hundreds of developers and thousands of users. Yet, NuggetRush (NUGX) is a game-changer in the crypto space with its innovative play-to-earn (P2E) model. Here are the reasons Toncoin and Sui’s investors are turning to NuggetRush for lucrative investment opportunities.

>>Buy NuggetRush Now<<


Toncoin (TON) Surges: Defying Market Drop and Targets New Highs

With a price gain from $3.32 to $5.02 in just a week, Toncoin (TON) showed a strong rebound, defying the current market drop. Apart from extending the recovery, the 40% surge enabled Toncoin (TON) to break above the previous resistance at $4.58, providing the buyers with another reason to keep holding.

After it retraced 50% to trade at $3.32, Toncoin (TON) resumed its recovery trajectory. Several factors are believed to have an impact on Toncoin’s (TON) price. A large active community incentive program, The Open League, was introduced recently, and it caused a bullish spike for the token.

Starting in April 2024, the program will reward competitive projects and users in the TON network with 30 million Toncoin, valued at nearly $115 million. With such developments, Toncoin (TON) ranks among the best altcoins to buy today.

On March 25, 2024, Toncoin (TON) was trading at $5.03, up 27.75% in the past week. Analysts say Toncoin (TON) will set a new all-time high above $5.25 by the end of March, powered by increased demand for the token.


Sui (SUI) Emerges as a Top Altcoin: Growth Trajectory and Price Targets

Sui (SUI) has transformed to become one of the top altcoins in the market. Notably, Sui’s blockchain has attracted hundreds of developers and thousands of users. As a result, the total value locked (TVL) in Sui’s ecosystem has spiked to reach a record $700 million.

Since the beginning of 2024, Sui has been in a strong bullish trend. The token has gained in the recent week, remaining relatively stable in the recent bearish crypto market. SUI has remained above the 50-day and 100-day Exponential Moving Averages. Nonetheless, SUI needs to break the resistance at $1.97 to open the way for a surge toward $2.50.

Coupled with the many developments since May 2023, SUI has been on an upside trajectory in the long term. On March 25, 2024, SUI was valued at $1.69, up 3.66% in the past week. Experts believe SUI will hit $1.77 by the end of March, powered by growing demand for the token.


NuggetRush (NUGX): Transforms Crypto with P2E Gaming and Social Impact

In the past, cryptos have lacked defined utilities and have always been highly volatile. Nevertheless, everything changed with the entry of NuggetRush (NUGX). Resembling most of the top play-to-earn (P2E) games, NuggetRush (NUGX) lets participants earn an income using enjoyable in-game activities.

Interestingly, NuggetRush (NUGX) features the building of a mining empire using site discovery and teamwork. Gamers set up mining facilities, trade most available in-game items, collect rare and cool NFTs and set up expert teams to achieve “master miner” status. This prestigious status lets them amass considerable wealth through their mining empire.

Furthermore, NuggetRush (NUGX) offers many income streams via in-game operations. In that context, gamers earn rewards from battles, quests, ranked play, and tournaments. Moreover, they can sell in-game collectibles on NuggetRush’s marketplace.

Remarkably, the platform supports artisanal mining communities in remote and underdeveloped countries. All these utilities make NuggetRush (NUGX) a great crypto to buy.

NuggetRush’s governance design gives the Rush Guild members access to various areas and the power to vote on decisions linked to NUGX’s ecosystem.

Currently, NuggetRush’s blockchain ICO is in the Launchpad round, with each NUGX token trading at $0.019. Furthermore, the project has sold over 248 million NUGX tokens and raised over $3.3 million. Analysts say NUGX will surge significantly after listing on mainstream exchanges. Hence, it is a top crypto to buy now. 

Visit NuggetRush Presale Website  

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Bitcoin’s Best Days Are Still Ahead, This AI Altcoin Could Outperform Render by the End of the Year




With only a month remaining until the Bitcoin (BTC) halving, BTC value has retraced despite recent capital influxes pushing the price to a new all-time high earlier this month. Even so, several prominent crypto figures are largely bullish, projecting that Bitcoin’s better days are ahead and that BTC will still climb higher, surpassing its recent high. Meanwhile, an AI altcoin, InQubeta (QUBE), is causing a stir in the crypto market with its unique proposition.

Given its bullish momentum, investors are flocking to its platform, and InQubeta could outperform Render (RNDR) before the year ends. As a platform that allows fractional investment in AI startups, InQubeta has gained the spotlight as one of the best altcoins to buy this year. The presale has seen significant results, raising over $12.4 million in funding.

Let’s explore how InQubeta could outperform Render before the year ends amidst Bitcoin having better days ahead.


InQubeta (QUBE): Governance Token Structure Attracts Investors 

InQubeta, with its innovative approach as the first crypto crowdfunding platform, could outshine competitors like Render by the end of the year. This new DeFi crypto is transforming the crypto AI market by facilitating fractional investments in AI startups through QUBE tokens. The platform aims to transform AI startups’ fundraising and community engagement landscape.

Built on the Ethereum blockchain, QUBE distinguishes itself as the best DeFi crypto with its deflationary token mode. This approach offers crypto investors a unique avenue for portfolio diversification. The tokenomics model positions QUBE holders to earn rewards via token staking, featuring a 2% buy and sell tax directed towards a burn wallet and a 5% buy and sell tax allocated to a dedicated reward pool. This new DeFi crypto structure attracts investors who are bullish on the growth prospects of AI technology startups.

InQubeta designed its QUBE token as a governance token, boosting its potential to surpass Render in the market. This feature makes it the best DeFi crypto and grants holders the authority to engage actively in decision-making processes crucial to the platform. The QUBE governance structure empowers token holders to propose, discuss, and vote on various aspects shaping the platform’s development, ensuring a democratic and community-driven approach.



Bitcoin (BTC): Samson Mow Remains Optimistic On The Token Value 

Bitcoin has experienced notable price appreciation this year. Starting the year at $42,208 on January 1st, it surged to a new record of $73,737 on March 14th. It has yet to maintain this high as the 30-day countdown progresses. Samson Mow, a long-time predictor of significant price increases, remains optimistic that BTC will soon exceed its previous all-time high.

On the X platform, Ran Neuner advised his followers that a 20–30% decline for BTC “would be entirely typical and beneficial” in a bull market. Even if the decline persists, industry experts suggest that the overall trajectory for the primary cryptocurrency is likely upward. Also, with the United States Federal Reserve contemplating interest rate reductions, analysts anticipate favorable prospects for Bitcoin in the days to come.


Render (RNDR): Increase In Whale Activity Boosts Its Market Sentiment 

The Render token has been experiencing upward momentum recently. On-chain reports from Lookonchain indicate notable involvement from major investors, known as whales, in the RNDR market. Three prominent whales have pooled together to deposit 2.5 million RNDR tokens onto centralized exchanges (CEX) in pursuit of profit-taking. 

This deposit is equivalent to $30.8 million. This substantial influx of tokens from these influential investors highlights the increased trading activity surrounding RNDR. It suggests a deliberate strategy to leverage the prevailing bullish sentiment in the market. Despite the positive outlook, InQubeta is set to outshine Render in the market.



Despite Bitcoin’s price fluctuation, analysts are predicting better days. InQubeta is trending in the market due to its approach of connecting AI startups with potential investors. As one of the best altcoins, InQubeta is seeing impressive results on its presale. You can be part of the QUBE project by buying the token via the website. Just visit the site and follow the detailed instructions on purchasing the token.


Visit InQubeta Presale 

Join The InQubeta Communities

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SWIFT To Launch CBDCs Platform in 2025-26




SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies (CBDCs) in the next one to two years, according to the firm’s head of innovation, Nick Kerigan.

Central banks around the world are tinkering with their own CBDCs and the race for who will launch a digital currency has a geopolitical component to it.

China has a digital yuan in the works and has been trialing the currency for many years. The Bahamas, Nigeria and Jamaica already have CBDCs. 

Sweden’s Riksbank recently released its final report on its CBDC, the e-Krona, and the European Central Bank is developing the digital Euro too.

SWIFT’s Trials and Roadmap to Launch New Platform

“We are looking at a roadmap to productize (launch as a product) in the next 12-24 months,” Kerigan told the newswire in an interview. 

See Also: US Sanctioned 13 Crypto Firms For Alleged Involvement With Russian Banks

“It’s moving out of the experimental stage towards something that is becoming a reality,” added Kerigan.

Kerigan explained in SWIFT’s latest platform trial it took six months and involved a 38-member group of central banks, commercial banks and settlement platforms, all collaborating on national digital currencies.

The trial was focused on making sure that all the different countries’ CBDCs can all be used together even if built on different underlying technologies and this in turn would reduce payment system fragmentation risks.

The timeframe set out by SWIFT could change if CBDC launches around the world are delayed but for now the global payments firm is developing a new platform.

Bank of International Settlements CBDC Plans

In January the Bank of International Settlements (BIS) unveiled that its CBDC project is entering a new phase this year. 

The BIS’s ‘Aurum’ project is exploring “the privacy of payments in retail CBDCs.” — BIS said this is one of the first six projects for 2024 being developed under its Innovation Hub work programme.

See Also: ‘Binance Is Not Paying Its Taxes In Multiple Jurisdictions,’ – CNBC Reporter

The BIS is also working on Project mBridge, a multi-CBDC common platform for wholesale cross-border payments. 

In September, BIS and central banks of France, Singapore, and Switzerland announced a successful testing of cross-border settlement for wholesale-CBDCs. 

Project Mariana, tested and demonstrated the frictionless transfer of CBDCs across the different networks.

Disclaimer: The information provided is not trading advice. holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN


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