$AIXBT After reaching the bottom, getting close to 0.0940, AIXBT starts to react and could rise ten times more, surpassing its all-time high of 0.9685. What is your opinion?
Trading Volume: Active and strong, indicating significant interest from traders.
Technical Indicators Analysis:
1. Moving Averages (MA):
Short-term averages are close to the current price, indicating the likelihood of a continued upward trend if the price does not break the nearby support.
2. Relative Strength Index (RSI - 6): 44.36
It is in the middle area, meaning there is room for upward movement before reaching overbought territory.
3. Williams %R Indicator (Wm %R - 14): -70.8333
Indicates that the price is in the selling zone, but not in strong oversold territory.
4. On-Balance Volume (OBV): 7.55 million
The overall trend of the OBV is stable, supporting the continuation of the upward momentum.
5. Stochastic Indicator (K, D, J):
K: 40.86
D: 31.81
J: 58.96
Indicates price recovery and the potential for an upward trend if it surpasses nearby resistance levels.
6. Stochastic RSI: 58.98
There is still room for upward movement, but it needs confirmation by breaking nearby resistance.
7. MACD Indicator:
DIF: -0.0003
DEA: -0.0003
MACD: -0.0000
Indicates weak momentum currently, but there is a chance to gain strength if demand continues.
Potential Targets:
Upward Targets:
0.1500 USDT → First Resistance
0.1600 USDT → Strong Resistance, breaking it may lead to a strong upward wave
0.1750 USDT → Strong Psychological Level
Downward Targets:
0.1350 USDT → First Support
0.1280 USDT → Major Support
0.1200 USDT → Level to watch in case of a strong correction
A major whale has stirred up the crypto market by depositing 500,000 $AUCTION tokens into Binance over just four hours! Valued at approximately $15.28M at the time of transfer, this colossal move could yield a realized profit of around $7.88M if the tokens were liquidated at the current market price. However, the incident has already taken its toll – $AUCTION’s price has slumped by 50% since the initial deposit.
Trading activity is off the charts! ♦ The $AUCTION/BTC pair surged by 300%, with 1,500 BTC traded in the first hour. Similarly, the $AUCTION/ETH pair saw a 250% spike, with 3,000 ETH exchanging hands. The dramatic sell-off has dented market confidence, with the token’s market cap dropping by $7.64M to $15.28M. On-chain metrics reveal that active addresses have jumped from 500 to 1,200 within an hour, signaling frenzied trading activity. Technical indicators are flashing red: ★ The RSI plummeted from 70 to 35, and the MACD has crossed below its signal line, confirming bearish momentum. Trading volume for $AUCTION/USDT spiked to 50M USDT, a 400% increase compared to the usual 10M USDT. With support levels now at $25 and $20, experts warn that further price declines are possible.
Meanwhile, despite a 5% uptick in AI-related tokens driven by recent breakthroughs, $AUCTION remains largely unaffected by AI news. Investors are advised to stay cautious amid this volatility. Engage now! → Like, Share, Comment, and Repost, and follow for more insights on this unfolding market drama! $AUCTION
Thinking Outside the Box: My Strategy Behind Emerging Cryptos
First of all, I would like to say that what I will write here is not an absolute truth nor an investment recommendation. It is just a strategy that I am applying and that is working for me. For some time now, I have been noticing that large cryptocurrencies are on an endless roller coaster. A constant rise and fall, and at the moment it seems they will spike, they end up crashing, leaving many investors desperate. Following this movement, gurus always emerge with phrases like 'The Altseason starts in 3 days!', further deceiving those who do not have much experience in the market.
what is happening? I am trying to hold on, but for me, it has already dropped 16%. If I leave now, I will incur a loss, but if I continue, I might lose even more. Oh crazy!!!!!
Arminda Behnken bxPt
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$AUCTION this is how you lose your hard earned money in crypto. 30 percent dump in a few minutes . I can challenge any new trader never ever get profits 30 percent in few minutes . So first learn crypto with your 1 day earnings and try to improve your knowledge about high risk in any coin.
#Taxas The few dollars I earn disappear after I make the conversion or the sale. I've tried both ways, and my profit simply vanishes, and I end up at a loss. How can I avoid these fees?