WCT is currently priced around $0.381, trading within a narrow daily range between $0.377 and $0.392. The daily candlestick pattern suggests a consolidation phase, with price stabilizing between $0.35 and $0.40, a possible sign of accumulation by buyers. Immediate support lies near $0.40, with stronger footing around $0.35 if selling pressure intensifies.
Should WCT push higher, previous support may form again near $0.55–$0.58. Short-term resistance appears around $0.45, followed by $0.50. Higher resistance zones are seen near $0.69, $0.94, and the historical high around $1.21.
The current structure resembles a rising wedge, often a pre-breakout pattern if accompanied by strong volume. RSI and MACD both lean bullish without signaling overbought conditions, which supports the potential for upward continuation. Watch for price action near $0.42–$0.43. A confirmed breakout above $0.45 could lead to a run toward $0.50–$0.55.
As long as WCT remains above the $0.40 mark, the bullish setup holds. A breakout over $0.45 may spark further gains. However, a drop below $0.35 would weaken the current outlook.
Hot wallets are connected to the internet, making them great for quick access and frequent use. Cold wallets, on the other hand, stay offline, offering better protection for long-term holdings. I rely on both: hot wallets for everyday transactions and cold wallets, like hardware devices, to securely store larger amounts. To protect my crypto, I use strong passwords, two-factor authentication, and keep backup keys in safe, offline places. This combination of accessibility and security helps reduce risk and ensures peace of mind. When managing crypto, it's essential to stay cautious and proactive about security.
Crypto trading pairs follow the BASE/QUOTE format (like ETH/USDT). The base currency is what you're buying or selling, while the quote currency is what you're using to make the transaction. For instance, trading ETH/USDT means exchanging USDT to get ETH. Personally, I lean toward stablecoin pairs such as USDT or USDC—they help reduce volatility and simplify profit calculation. Crypto-to-crypto pairs (like ETH/BTC) are more useful for adjusting your portfolio in strong markets. When picking a pair, I consider factors like liquidity, volatility, and risk level. Stable pairs suit short-term trades; crypto pairs are best for market positioning.
Liquidity measures how quickly and smoothly an asset can be traded without drastically moving its price. In highly liquid markets, trades are executed swiftly with minimal spread, while illiquid assets can experience slippage, where the execution price differs from what was intended. To assess liquidity before trading, analyze trading volume, order book depth, and bid-ask spread. To limit slippage, consider placing limit orders, steering clear of volatile periods, and dividing large trades into smaller ones. Being mindful of liquidity helps you enter and exit positions more efficiently and protects you from unexpected execution costs.
In trading, understanding Market, Limit, Stop-Loss, and Take-Profit orders is essential. A Market Order buys or sells immediately at the best current price—perfect for fast action but less control. A Limit Order sets a specific price, executing only when the market matches it, ideal for precision. Stop-Loss Orders help cap losses by triggering a sale if the price falls to a certain point. Take-Profit Orders secure gains by closing a position once a profit target is reached. Use Market orders for speed, Limit for control, Stop-Loss for risk management, and Take-Profit to lock in returns. Combining them boosts trading strategy.
WalletConnect (WCT) is priced around $0.456, marking a 7% drop within the last 24 hours. This decline follows a sharp retreat from its recent peak of $1.34, which it reached on May 31, 2025.
A look at the candlestick chart reveals that WCT recently experienced a surge in buying momentum, as shown by a large bullish (green) candle. However, this was quickly followed by a bearish (red) candle, suggesting either market correction or profit-taking. The smaller candles that came next indicate indecision among traders, hinting at a period of consolidation.
From a technical standpoint, the overall sentiment has turned slightly bearish. Indicators like moving averages are leaning toward caution. The Relative Strength Index (RSI) currently stands at 42.63, placing WCT in neutral territory, not clearly overbought or oversold.
Given the recent volatility and the current market signals, investors should tread carefully. Watching for either a clear reversal or further dips in price could offer better insights before making any trading decisions.
Binance Coin (BNB) is trading near $667.24, showing a modest daily gain of around 1.68%. The coin is currently moving within a narrow channel between $660 and $700, which often precedes a breakout in either direction.
The key resistance levels to watch are $671.63, $677.12, and $687.76, while support is forming around $655.51, $644.86, and $639.38. Technical signals are leaning bullish, with BNB holding above major EMAs and confirming a golden cross, both strong indicators of continued upward momentum.
Further strengthening the bullish case, the Ichimoku Cloud has shown a breakout, and the MACD has turned positive, suggesting increased buyer interest. If momentum continues, BNB could push toward the $800 mark in the coming days.
However, traders should stay alert. A move above $700 may confirm a breakout and attract more buyers, while a drop below $660 could trigger a short-term correction. Close monitoring of these key levels is essential for anyone trading or investing in BNB right now.
WalletConnect Token (WCT) is currently trading around $0.544, marking a modest gain of 3.2% over the last 24 hours. However, it has faced a significant drop of over 24% within the past week, reflecting increased price volatility.
From a technical standpoint, important support levels are identified at $0.509, $0.468, and $0.424, key areas where buyers may step in. On the flip side, resistance levels are noted at $0.595, $0.639, and $0.680, which could pose challenges to any upward momentum.
The Relative Strength Index (RSI) currently reads 45.58, suggesting a neutral market condition, neither overbought nor oversold. Similarly, the MACD (Moving Average Convergence Divergence) shows no strong bullish or bearish momentum. However, the ADX (Average Directional Index) stands at 60.75, indicating that while the trend is strong, its direction remains uncertain.
Overall, WCT appears to be consolidating, with market participants watching closely for a potential breakout or breakdown. As always, investors should approach with caution and stay informed through ongoing market analysis.
WCT update : Wallet Connect Token (WCT) sits at around $0.58, rebounding slightly from a steep 42% fall from its $1.39 high on May 30. This sharp reversal follows a typical “blow-off top” pattern, marked by a swift surge in price and a subsequent steep decline. The large red candlestick on May 30, coupled with high trading volumes, hints at significant profit-taking by early holders.
At the moment, WCT is testing a crucial support level near $0.60. This area, which served as a ceiling during the May surge, has now flipped to potentially act as a floor for stabilization. Should this level hold, WCT might see a short-term recovery towards the $0.70–$0.75 region.
To the upside, the next major resistance is around $0.85. Breaking above this could revive bullish sentiment and open the door for a potential run toward the $1.20 zone, aligning with past peaks. On the flip side, if the $0.60 support fails to hold, further drops could test the $0.40 and $0.20 levels, which coincide with prior consolidation zones.
Overall, WCT’s recent candlestick patterns suggest caution. Watching these key support and resistance levels, along with trading volume, will be critical for traders aiming to navigate any upcoming price swings or reversals.
WalletConnect Token (WCT) is trading at roughly $0.56, coming down hard from its May 30 high of $1.39, a huge 59% drop. This steep sell-off, highlighted by a big red candle on May 31, signals a classic blow-off top, flipping the momentum from bullish to bearish.
Right now, WCT is clinging to its 25-day moving average around $0.6250, an important support zone. If this breaks, the next levels to watch are $0.40, matching the mid-May breakout, and $0.20, the token’s launch base. On the flip side, resistance is seen between $0.85 and $1.00. A clear break above that could turn things around for the bulls.
Technical signals are a bit of a mixed bag. The RSI is close to oversold, hinting at a possible short-term bounce to the $0.70–$0.75 zone. But unless WCT climbs back above $0.85 and stays there, the bigger trend is still down.
In short, WCT is at a critical pivot point. Traders should watch these support and resistance levels carefully, as a breakout in either direction could set the tone for the next move.
Centralized Exchanges (CEXs) provide high liquidity, user-friendly interfaces, and customer support, but they hold your funds, making them potential targets for hacks or shutdowns. On the other hand, Decentralized Exchanges (DEXs) let you control your assets directly and preserve your privacy, though they might be harder to use and offer lower liquidity. Personally, I go with CEXs for bigger trades that need fast execution, while I opt for DEXs when I want privacy or self-custody. When picking between the two, I consider things like security, trade size, and convenience. If you’re new to DEXs, start small, double-check every transaction, and stick to reputable platforms. Balancing both options helps manage risk while trading wisely.
Grasping the different types of trading is key to crafting a solid strategy. Spot trading involves buying and selling assets at current market rates, making it a good starting point for novices. Margin trading lets you borrow funds to boost your trades, but it’s risky and better suited for experienced traders. Futures trading is for those ready to bet on price movements down the line, requiring advanced risk management. Personally, I prefer spot trading for steady, controlled growth. Newcomers should start small, manage their emotions, and always use stop-loss orders to protect their funds. Choose what aligns with goals and experience is crucial.
Peanut the Squirrel (PNUT) is trading at around $0.3166, showing a minor decline of 2.34% in the last 24 hours. The token has dropped significantly, losing nearly 87% from its record high of $2.47 in November 2024.
Looking at the candlestick chart, PNUT appears to have found support at about $0.31, a zone where buyers have previously stepped in. Resistance is noted around $0.42, a level that has historically capped price gains.
Traders should exercise caution. Currently, the price is consolidating between $0.31 and $0.42. A breakout above $0.42 on strong trading volume could suggest a bullish move, while a fall below $0.31 could indicate further downside. Given the typically high volatility of meme coins like PNUT, traders should use strict risk management practices, including stop-loss orders and controlled position sizes. Staying updated on market trends and news about PNUT is also important for making informed trading choices.
WalletConnect Token (WCT) is presently valued at around $0.654, marking a 4.18% increase over the last day. Following its peak price of $4.46 in March 2025 and a subsequent low of $0.281 in April 2025, WCT has displayed considerable market fluctuations.
From a technical perspective, WCT is now situated close to a critical support area near $0.40. If this level were to be breached, it could potentially pave the way for a decline toward $0.35 or even $0.30. On the flip side, the nearest resistance zones are seen at $0.45 and $0.55, with a stronger barrier identified between $0.60 and $0.65, reflected in the latest candlestick formations.
The Relative Strength Index (RSI) sits at about 65, suggesting WCT is nearing overbought levels and might soon experience a brief consolidation phase. Additionally, the Moving Average Convergence Divergence (MACD) has recently moved above its signal line, indicating that bullish momentum may be gathering.
Given this outlook, traders should consider adopting a careful stance. As long as the price remains above $0.40, short-term buying opportunities could emerge. However, if the support level breaks, it may be wise to reassess positions. In this environment, focusing on short-term trades rather than long-term holding strategies appears more favorable.
Bitcoin Pizza Day: Insights on Early Adoption, Risk, and the Future of Crypto Transactions
#LearnAndDiscuss On May 22, 2010, Laszlo Hanyecz made history by purchasing two Papa John’s pizzas for 10,000 Bitcoin (BTC), then valued at roughly $41. Today, those Bitcoins would be worth over $700 million. Celebrated as Bitcoin Pizza Day, this transaction highlights the courage of early adopters, the risks they embraced, and the transformative potential of cryptocurrency for everyday purchases in the next decade.Lessons from Early Adoption and RiskBitcoin Pizza Day showcases the boldness of pioneers like Hanyecz. In 2010, Bitcoin was an obscure experiment with no established value or widespread acceptance. Spending 10,000 BTC on pizzas was a daring move, demonstrating faith in a fledgling technology. Early adopters faced significant uncertainty, Bitcoin could have failed entirely, but their actions helped prove its real-world utility. However, the staggering appreciation of Bitcoin’s value underscores the risk, holding those coins could have made Hanyecz a multimillionaire. This balance of vision and sacrifice defines the early adopter’s journey, illustrating that innovation often demands bold, uncertain choices. Cryptocurrency has grown significantly, with over 420 million users globally. Over the next 10 years, it could fundamentally change how we pay for goods and services. Blockchain’s ability to enable fast, low-cost global transactions could make crypto payments as convenient as card swipes. Solutions like the Lightning Network may soon rival traditional systems with minimal fees.DeFi Integration: Stablecoins and decentralized platforms could integrate with mobile apps, allowing users to spend crypto on daily purchases like groceries or subscriptions effortlessly. Although only about 15,000 businesses accepted Bitcoin in 2023, payment processors like BitPay could drive millions of merchants to adopt crypto by 2035, especially with better regulations and tools. Crypto could provide financial access to the 1.4 billion people without bank accounts, using mobile wallets to facilitate peer-to-peer transactions in underserved regions.Challenges like price volatility, regulatory ambiguity, and Bitcoin’s energy-intensive mining (~150 TWh annually) must be addressed to unlock this potential. Stablecoins, clearer laws, and greener tech could pave the way. Holding 10,000 BTC at $108,852(Price at the time of this writings) per BTC, makes spending it a tough call. Bitcoin’s meteoric rise suggests holding it as an investment. Spending such a sum on everyday items feels unwise given the potential for further gains. However, Bitcoin’s ultimate goal is to function as currency, not just an asset. If I were to spend it, I’d focus on high-impact uses, like funding blockchain innovations or supporting global financial inclusion. Small transactions, like buying a meal via a low-fee network, could be justifiable if costs drop significantly. For now, I’d hold most of it, spending only strategically. Bitcoin is often seen as “digital gold” rather than a practical medium of exchange. To change that, key obstacles must be overcome. Bitcoin’s 7 transactions per second lag far behind systems like Visa. Off-chain solutions like Lightning Network need to scale securely to handle thousands of TPS. Bitcoin’s volatility discourages its use for purchases. Stablecoin adoption or new stabilization methods could make it more practical.Ease of Use: Crypto wallets must become as user-friendly as mobile payment apps, simplifying security and integration with existing systems. Governments need to streamline tax and compliance rules to avoid discouraging crypto spending.Merchant Benefits: Low fees, quick settlements, and consumer incentives like crypto-based rewards could drive business adoption. From a Pizza purchase to a payment revolution, Bitcoin Pizza Day symbolizes the audacity of early crypto adopters and the risks they took to prove its potential. Hanyecz’s 10,000 BTC pizzas showed Bitcoin could be spent, not just saved. Looking ahead, crypto could make everyday transactions faster, cheaper, and more inclusive, but only if scalability, stability, and usability improve. Would I spend 10,000 BTC today? Likely not, unless the purpose matched the value. For Bitcoin to become a true currency, it must evolve beyond a store of value, becoming as intuitive as cash or cards. Bitcoin Pizza Day reminds us of a single transaction that sparked a vision for a decentralized financial future.
Cetus Protocol (CETUS) is currently priced around $0.1668, showing a slight dip of 0.04% in the last 24 hours. The token’s price has fluctuated between $0.1610 and $0.1744 during this time.
On May 22, 2025, the project suffered a major security breach involving spoof tokens that manipulated pricing and reserves, resulting in a loss of roughly $223 million. This caused CETUS to plunge by over 40%, prompting the protocol to pause its smart contracts.
Technically, CETUS is seeing near-term resistance at $0.18, with a more significant ceiling around $0.22. On the downside, it finds support at $0.16, and further down near $0.14. The current chart suggests a sideways movement as the market processes the fallout from the exploit.
Trading Strategy: With high volatility following the breach, traders should be cautious. Short-term opportunities may arise if the price holds above $0.16, with potential upside toward $0.18. However, due to ongoing uncertainty and halted operations, long-term trades carry substantial risk. It’s wise to monitor any updates from the project team before committing capital.
Another look at PNUT : PNUT is currently trading near $0.34, following a retreat from its April peak of around $0.18. The token has shown strong support between $0.12 and $0.13, which has repeatedly acted as a price floor during downturns. Key resistance levels to watch are at $0.22, with additional barriers at $0.24 and $0.26.
From a technical standpoint, indicators suggest a neutral-to-bullish sentiment. The RSI is close to 60, indicating moderate upward momentum without overbought conditions. The ADX also signals a firm trend, staying below 49. However, the price sits under the midline of the Bollinger Bands at $0.64272, and the bands are narrowing, hinting at reduced market volatility.
Traders should pay close attention to the $0.22 resistance zone. A confirmed breakout could pave the way for a move toward $0.24 or even $0.26. On the flip side, losing the $0.12 support could trigger a slide to $0.10, weakening the bullish setup. Using stop-loss orders near $0.12 can help protect against downside risk. Overall, it's wise to remain cautious and wait for a clear trend confirmation before making any new trades.
$XRP #Write2Earn XRP is currently trading around $2.42, showing signs of bullish strength while approaching a key resistance level. The price has ranged between $2.35 and $2.45 in the last 24 hours, reflecting cautious optimism among traders.
From a technical perspective, immediate resistance lies between $2.20 and $2.23. A successful breakout above this zone could push XRP toward $2.30 or even $2.35. On the downside, $2.10–$2.12 is a critical support level, followed by a stronger floor at $2.00. If these supports fail, a deeper pullback is possible.
The RSI on the 4-hour chart is around 64, indicating a positive trend with room for further upside. The MACD shows bullish momentum, while expanding Bollinger Bands suggest increased volatility.
For bullish traders, potential entries lie near $2.15–$2.20, targeting $2.30 or higher, with stop-losses below $2.10. Bears may consider shorting if XRP faces rejection at $2.23, with targets at $2.10 or $2.00.
XRP is at a pivotal point. A breakout above resistance could confirm a bullish trend, while failure to hold support may invite more selling. Traders should stay alert and manage risk carefully.
Peanut the Squirrel (PNUT) is trading at around $0.3572, showing a daily increase of nearly 5%. Despite this, the token is still down by about 85% from its all-time high of $2.47, reached in November 2024.
Support: The recent low of $0.3249 is acting as a strong support zone.
Resistance: The nearest resistance is at $0.3773, with a potential to test the $0.40 level if upward momentum continues.
Although detailed candlestick formations aren’t specified, traders should keep an eye out for bullish signs like a hammer or bullish engulfing candle near support levels, which might hint at a price reversal.
The market is currently in a consolidation phase, and a breakout could occur if volume and buying interest pick up. Given the major drop from its peak, the token could appeal to traders hoping for a short-term rebound.
For Short-Term Traders: Consider buying near support around $0.3249 with a stop-loss slightly below that. Profit targets could be set near the $0.3773–$0.40 range.
For Long-Term Holders: It’s best to wait for consistent bullish momentum and stronger confirmation signals before entering, due to the token’s speculative nature.
Only allocate a small portion of your capital. Always use stop-loss orders. Stay informed about news or updates from the project or community.
PNUT might offer intriguing short-term opportunities, especially for agile traders, but its high-risk profile means it’s essential to proceed with caution.
Initia (INIT) is trading around $0.86, marking a 4.2% gain in the last 24 hours. The token has moved between a low of $0.83 and a high of $0.92 today. With 148.75 million INIT in circulation and a maximum supply of 1 billion, the project currently boasts a market cap of approximately $128 million.
INIT has been on an upward trajectory, inching closer to its all-time high of $0.96, recorded on April 25, 2025. The increasing volume signals growing market interest. However, the Relative Strength Index (RSI) indicates that INIT may be nearing overbought levels, suggesting a possible short-term correction or sideways movement.
Recent listings on major platforms like Binance and Gate.io have helped boost visibility and momentum. Investor enthusiasm is also being driven by anticipation around the upcoming mainnet launch and the rollout of Initia’s cross-linked Layer 2 infrastructure in Q2 2025. Still, it’s important to note that the current valuation leans more on future expectations than present utility, as the core network is still in development.
Short-Term Outlook: INIT’s price action offers opportunities for active traders, but caution is advised due to potential short-term reversals if overbought conditions persist.
Long-Term Outlook: Long-term investors should keep an eye on the success of Initia’s mainnet and how well its Layer 2 technology is adopted, as these factors will likely play a major role in the token’s sustainability and growth.
Disclaimer: Always perform your own research before making any investment.