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The ORCA/USDT pair has been showing some notable price action recently, with ORCA maintaining a relatively strong position in the market. As of now, itās experiencing a slight consolidation after reaching recent highs. Traders are keeping a close eye on key support levels around $1.10 and resistance near $1.25.
With growing interest in decentralized finance (DeFi) projects, ORCA could see more volatility in the coming days. Keep an eye on broader market trends and news, as they could impact the momentum of ORCA.
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A dayās setback occurred on Binance today, with important assets retracing from their previous highs. Traders still have their eyes set on key support lines for possible actions concerning rebounds or further declines.
š¹ BTC & ETH: Slide back after encounters with their resistances
š¹ Altcoins: Some perform better than others, with a few performing well
š¹ Trading Strategy: Look for volume change initiated bounces and shift to bounces
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Pi Coin: Will it become the next big thing in the Digital Currency world?
Through a simple mobile application, users can mine Pi Coin, which was developed by Stanford University graduates for smartphones. This is a cryptocurrency that unlike bitcoin is ābattery friendlyā in a sense that mining is possible through minimal use of power, and allows easy access for broad segments of the population. In lieu of profit-driven mining chips, the Pi Network gives users daily rewards for logging into the application.š«
At the moment, Pi is not available on global markets yet, however, its community believes it can reach great value in the future. With the growing adoption of Pi, there is hope that it can become a mainstream digital currency. Though it is important to note that investment in Pi should be approached with great caution until further details of the projectās roadmap are provided.š„
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