From First Trade to Financial Freedom – My Trade Story
I started trading with hesitation, just $100 and a dream. The charts were confusing, and losses came fast—but so did the lessons. I kept learning: candlestick patterns, risk management, and above all, discipline. After months of grinding and sticking to my strategy, I finally turned red days into consistent green ones.
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Recent Trend: Strong downtrend, with lower highs and lower lows.
Moving Averages:
EMA(9): 0.08294 (above current price)
EMA(15): 0.08779
EMA(20): 0.09100
The price is well below all EMAs, indicating bearish momentum.
RSI (Relative Strength Index): 7.99 – Extremely oversold. This is a rare level and suggests a possible bounce or reversal soon, but not guaranteed.
Volume:
Volume is decreasing, which shows weakening selling pressure but also a lack of strong buyers.
Key Support and Resistance:
Support: $0.07429 (24h low)
Resistance Levels: $0.09256, $0.11620, $0.13984
Potential Strategies:
1. Short-term scalp entry:
Since RSI is very low, you might get a short-term bounce.
Consider small entry with tight stop-loss around $0.072–$0.073.
2. Safer entry strategy:
Wait for a confirmation candle above EMA(9) or EMA(15).
That would indicate a trend reversal attempt.
3. DCA (Dollar-Cost Averaging):
If you believe in the project long-term, consider averaging your buys on further dips rather than entering all at once.
Important: This analysis is only technical and doesn't consider fundamental news or project updates, which could drastically affect the price. Also, crypto markets are volatile—always manage risk with stop-loss orders and proper position sizing. $BABY
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BREAKING: White House Crypto Summit: Strategic Bitcoin Reserve and Regulatory Frameworks Discussed
On March 7, 2025, President Donald Trump hosted the inaugural White House Crypto Summit, bringing together prominent cryptocurrency industry leaders. The summit focused on the administration's initiatives to position the United States as a global leader in digital assets. Key discussions included the establishment of a Strategic Bitcoin Reserve, comprising approximately 200,000 bitcoins seized through criminal and civil proceedings, intended to serve as a national store of value. Additionally, the administration announced the creation of a U.S. Digital Asset Stockpile to manage other confiscated cryptocurrencies. The summit also addressed regulatory frameworks, aiming to provide clarity and support for the burgeoning crypto industry.
Best Buying Ranges for XRP, Solana (SOL), and Cardano (ADA) – March 2025
As of March 7, 2025, here are the current price ranges and key support levels for XRP, Solana (SOL), and Cardano (ADA):
1. XRP (XRP)
Current Price: Approximately $2.37.
Support Levels: Key support is at $2.30, with the 200-day moving average acting as a safety net at $2.00.
2. Solana (SOL)
Current Price: Approximately $147.78.
Support Levels: Long-term support is at $150. A daily close above this level could signal a potential rally toward resistance at $180.
3. Cardano (ADA)
Current Price: Approximately $0.8948.
Support Levels: Key support levels are between $0.8235 and $0.9837. ADA is trading above its three long-term EMAs, indicating potential for a bullish trend.
Investors should monitor these support levels closely, as they may present buying opportunities if prices approach or hold above these thresholds. $XRP $SOL $ADA
As of March 7, 2025, the cryptocurrency market exhibits notable volatility, influenced by recent policy announcements and market dynamics.
Bitcoin's Performance Bitcoin (BTC) has experienced significant price fluctuations, trading around $89,570, down from a high of $92,800 earlier in the day. In the past two weeks, BTC's price ranged between $78,000 and $99,000, reflecting broader market movements and investor sentiment shifts.
Policy Announcements President Donald Trump's proposal to establ
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$ADA Cardano Founder Claps Back at Nationality Claims Amid US Reserve Asset Debate
Cardano founder Charles Hoskinson has hit back at claims that he is Canadian, pushing back against controversy surrounding ADA’s selection as a US reserve asset.
Posting on Truth Social, Hoskinson reaffirmed his American identity, aligning with earlier reports emphasizing a US-focused digital asset strategy. However, not everyone supports this so-called ‘trinity’ selection logic.
During CoinDesk’s Market Daily Podcast on March 4, host Jen Sanasi and Delta Blockchain Fund founder Kavita Gupta discussed the matter, with Gupta questioning both ADA’s and Hoskinson’s nationality—sparking heated debate.
Frustrated by what he saw as misrepresentation, Hoskinson responded on X, clarifying that he was born in Hawaii, resides in Colorado, owns a ranch in Wyoming, and has family spread across multiple US states, underscoring his American roots. He sarcastically dismissed the Canadian claim as a "revelation" and criticized the crypto community for lacking factual accuracy.
This controversy unfolds amid rising tensions over Trump’s reserve asset initiative, aimed at positioning the US as the "global crypto capital," and ties into the presidential digital asset working group's executive order issued on January 23, 2025.
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