JMoreno

#ALGO The 6.9% drop in 24 hours of Algorand reflects profit-taking after recent gains, bearish technical signals, and weakness in the altcoin market.
1. Technical correction after a 49.96% rally in 30 days
2. TD Sequential sell signal identified by analysts
3. Rotation of altcoins as Bitcoin dominance increases

I might be wrong, but I think it will continue to rise this week; however, this is just my opinion. You should do your own research. Remember that cryptocurrencies are highly volatile, so don’t be swayed by others' opinions. My advice is not to invest in a single coin; diversify so that if one drops, another might rise. And remember, patience is a virtue in this market. Don’t despair. Quick gains are expected, but you will only be disappointed. This takes consistency; it should be an extra for you, not your main source of income. Well, it has been a little over a year, and this is my advice. I can’t say that I’ve had significant gains, but I have had something, gradually learning every day. One of the main things I’ve learned is to never sell at a loss, ever. Another thing: don’t get involved with coins that are about to leave the market; I believe that is very high risk. Well, that's all for today; thank you for your attention.

P.S.: I insist, remember to do your own research; this is just my personal opinion.

#BONK🔥🔥 It may go up this week.

P.S.: Remember to do your own research.

$BNB The 6.3% increase in 24 hours of BNB reflects a bullish position in derivatives, a significant increase in BNB Chain activity, and signs of institutional accumulation.
1. DEX Dominance: The daily DEX volume on BNB Chain reached $3.94 billion, surpassing Ethereum by $1.5 billion (AMBCrypto).
2. Whale Activity: A leveraged long position in BNB of $10.2 million and a treasury allocation from Windtree Therapeutics of $520 million (AMBCrypto).
3. Technical Breakout: Bullish crossover of the MACD and RSI14 at 80.6 indicating overbought momentum.

P.S.: Remember to do your own research.
#bnb

#ALGO The 7% increase in 24 hours of Algorand reflects the momentum in the adoption of the ISO 20022 standard, technical break signals, and an increase in real-world payment integrations.
1. Compliance with ISO 20022 increased institutional interest after SWIFT designated ALGO as a key blockchain for the modernization of cross-border payments.
2. Integration with Zebec Cards allowed spending ALGO through Mastercard, boosting retail adoption.
3. The technical breakout above the resistance of $0.27 triggered an upward momentum.

P.S.: Remember to do your own research.

#BTC The 0.75% increase in the price of Bitcoin in 24 hours reflects institutional accumulation, an optimistic sentiment among analysts, and resistance against sales from large investors (whales).
1. Institutional purchases through ETFs and corporate treasuries offset the sales from whales.
2. Optimistic macro narrative from analysts like Jack Yi (LD Capital).
3. The market absorbed the sale of 80,000 BTC without causing panic.

P.S.: Remember to do your own research.