#BinancePizza #Binance pizza day is a promotional event where binance users can earn rewards and discounts on pizza order.Here's brief overview .#Events details : Binance occasionally runs pizza day promotion , allowing users to earn rewards , such as token and discounts on pizza order . #howtoparticipate : Users typically need to follow specific steps , such as sharing a post on social media , using a promo code , or ordering pizza through a designated platform . #REWARDS : participants can earns token , discounts, or other rewards , depending on the promotion . these events are usually announced on Binance's social media channel 's or website .
Step 1: Identify the Trend The chart shows a downward trend in the price of JASMY/USDT over the past 24 hours, with a decrease of 6.01%. The price has also decreased over the past 7 days (-10.49%), 30 days (-21.29%), 90 days (14.99%), 180 days (-65.00%), and 1 year (-57.87%).
Step 2: Analyze the Moving Averages The moving averages (MA) are used to smooth out price fluctuations and identify trends. The chart shows three moving averages: MA(7), MA(25), and MA(99). The MA(7) is currently at 0.01207, MA(25) is at 0.01228, and MA(99) is at 0.01264. Since the short-term MA(7) is below the long-term MA(99), it indicates a bearish trend.
Step 3: Check the Relative Strength Index (RSI)* The RSI is a momentum indicator that measures the magnitude of recent price changes to determine overbought or oversold conditions. Although the RSI value is not explicitly shown in the image, we can infer its position based on the chart's behavior. Given the downward trend and the fact that the price is below the MA(25) and MA(99), it is likely that the RSI is below 50, indicating a bearish momentum.
Conclusion Based on the analysis of the chart, moving averages, and the likely position of the RSI, the momentum signal for JASMY/USDT is *bearish*. This suggests that the price may continue to decline in the short term. However, please note that technical analysis is not a foolproof method, and other factors such as market news, events, and fundamental analysis should also be considered before making any investment decisions.#INDIANstock
Wormhole and Stacks Integrate to Enable Seamless Cross-Chain Bitcoin for DeFi Innovation.
Wormhole, the most popular interoperability protocol, has reported that it is now working with Stacks, one of the largest Bitcoin layers. This implementation helps streamline cross-blockchain transmission of programmable Bitcoin ($BTC ) and forms a connection between Stacks and several different decentralized finance (DeFi) applications. This integration provides cross-chain interoperability and helps Bitcoin become a good contributing member in DeFi. $BTC
#WCTkey WCT is the WalletConnect Token powering the WalletConnect Network. It's a utility and governance token, enabling secure connections between crypto wallets and dApps across blockchains. WCT holders can stake tokens for network security, participate in governance, and potentially pay for future network services. It was recently featured on Binance Launchpool.
the current price at $0.06648 and a 23.27% increase.
To determine whether the zone is bearish or bullish, we need to analyze the chart and look for indicators that suggest a trend reversal or continuation.
Bullish Indicators:
The price has increased by 23.27% in the past 24 hours, indicating a strong upward trend.
The 24-hour high is $0.09267, and the current price is $0.06648, which suggests that the price has pulled back from its recent high but is still above its recent low of $0.05314.
The moving averages (MA) are trending upwards, with the short-term MA(7) at $0.06177 and the long-term MA(99) at $0.05520.
The relative strength index (RSI) is not visible in the image, but the price action suggests that it may be above 50, indicating a bullish trend.
Bearish Indicators:
The price has pulled back from its recent high of $0.09267, which could indicate a trend reversal.
The order book shows a higher percentage of sell orders (28.12%) compared to buy orders (71.88%), which could indicate a bearish sentiment.
Based on the analysis, it appears that the zone is currently bullish. The strong upward trend, increasing moving averages, and higher percentage of buy orders in the order book suggest that the price is likely to continue its upward movement. However, the pullback from the recent high and the higher percentage of sell orders could indicate a potential trend reversal, so it's essential to monitor the chart closely for any changes in the trend. #INDIANstock
Bullish Trend: The chart shows a bullish trend, as indicated by the green candlesticks and the upward movement of the price.
Moving Averages: The 7-day moving average (MA(7)) is above the 25-day moving average (MA(25)), which is a bullish signal.
Volume: The volume is increasing, which is a bullish signal.
Overall, the chart suggests a bullish trend for LRC/USDT, but it's important to note that past performance is not indicative of future results, and traders should always do their own research and analysis before making any trading decisions. #INDIANstock
#HFT suggests a potential reversal or correction in the price movement . ‼️
📊The candlestick pattern making is a bearish pattern, specifically a " Shooting Star" or " Evening Star" pattern, as indicated by the red candlesticks at the top of the chart. This suggests a potential reversal or correction in the price movement of HFT/USDT. #INDIANstock
Price Movement: The price of BROCCOLI714/USDT has increased by 16.26% in the last 24 hours, indicating a positive trend.
Moving Averages: The short-term moving averages (MA(7) and MA(25)) are above the long-term moving average (MA(99)), suggesting an upward trend.
Relative Strength Index (RSI): Although the RSI value is not explicitly shown, the chart displays a "Buy" button, which may indicate that the RSI is below 30, suggesting oversold conditions and potential for a rebound.
Volume: The 24-hour volume is 271.38M BROCCOLI714 and 10.44M USDT, indicating moderate trading activity.
Based on these factors, the momentum of BROCCOLI714/USDT appears to be *positive*, with an upward trend and potential for further growth. However, it's essential to note that cryptocurrency markets are highly volatile, and momentum can change rapidly. Therefore, it's crucial to conduct thorough research and consider multiple factors before making any investment decisions.#INDIANstock
Price Movement: The current price of FIDA/USDT is $0.0808 with a 9.63% increase. This upward movement is a bullish signal.
Moving Averages (MA): MA(7): $0.0777 MA(25): $0.0730 MA(99): $0.0695 The short-term MA (7) is above the long-term MAs (25 and 99), indicating a bullish trend.
Relative Strength Index (RSI): Not directly visible but can be inferred from the overall trend. An RSI above 70 would indicate overbought conditions (potentially bearish), while below 30 would indicate oversold conditions (potentially bullish). Given the upward trend, it's likely above 50, leaning towards bullish.
Bollinger Bands (BOLL): Not directly visible but can be inferred from the price action. If the price is touching the upper band, it could indicate overbought conditions. However, the recent upward movement suggests it might be near the upper band but not necessarily touching it, which could still be bullish.
Volume: The volume is increasing with the price, which supports the bullish trend.
MACD and SAR: Not directly visible but can be inferred from the trend. A bullish MACD crossover and SAR below the price would confirm the bullish trend. Given these indicators, the overall trend appears to be bullish. The recent price increase, the position of the moving averages, and the increasing volume all support this conclusion. However, it's essential to consider all available data and indicators for a comprehensive analysis.
India imposes a flat 30% tax on any gains from the transfer of Virtual Digital Assets (VDAs) like cryptocurrencies. This high rate applies regardless of holding period. Crucially, no expenses (except acquisition cost) are deductible, and VDA losses cannot be offset against other income or carried forward. A 1% TDS (Tax Deducted at Source) is also levied on transactions over specified thresholds.$WCT #INDIANstock
The short-term moving average (MA(7)) is below the long-term moving averages (MA(25) and MA(99)), indicating a downtrend.
The price is below the MA(7), MA(25), and MA(99), further supporting the downtrend.
Signal:🚥
Based on the analysis, the signal for WCT/USDT is 🪝SELL. The downtrend indicated by the moving averages and the price action suggests that it may be a good time to sell WCT/USDT. However, please note that this is not investment advice, and it's essential to do your own research and consider multiple factors before making any trading decisions.#INDIANstock
#PORTAL Signals positive or bullish 🚦(4 hours chart ).📈
🛜Price Movement: The current price of PORTAL/USDT is $0.0366, which represents a 29.33% increase. This significant rise in a short period could indicate positive momentum.
24h High and Low: The 24-hour high is $0.0397, and the low is $0.0282. The current price is closer to the high, suggesting an upward trend.
Volume: The 24-hour volume for PORTAL is 350.73M, and for USDT, it's 11.87M. High volume often accompanies strong price movements and can be a sign of momentum.
The current price is above all these moving averages, which is typically a bullish sign indicating positive momentum.
Candlestick Chart: The chart shows a recent sharp increase in price, indicated by green candlesticks, which suggests buying pressure and positive momentum.
Order Book : The order book shows 58.35% buy orders and 41.65% sell orders, indicating more buying interest than selling, which supports positive momentum.
Given these observations:
The significant price increase. The current price being above the moving averages. High volume accompanying the price increase.
More buy orders than sell orders in the order book.
Conclusion: The momentum signal from the chart image is positive or bullish⏫, indicating a potential continuation of the upward trend. However, it's always important to consider other factors and conduct thorough analysis before making investment decisions.
Will Tomorrow’s Much-Anticipated Solana Spot ETFs Spark a New Altcoin Season? Analyst Shares His Opinion.
Cryptocurrency analyst Simeon Koch described the US Securities and Exchange Commission’s (SEC) approval of Solana spot ETFs as a historic turning point for the altcoin market.
Solana Spot ETF Comes with Staking Feature With the official announcement following the initial announcement by REX Shares, Solana (SOL) became the third cryptocurrency to receive spot ETF approval in the US after Bitcoin and Ethereum. However, what makes Solana special is that these ETFs also offer staking income.$SOL #INDIANstock
Changpeng Zhao (CZ), the founder and former CEO of Binance, has an estimated net worth of around $45 billion to $64.8 billion , though figures vary by source. His immense wealth primarily stems from his estimated 90% ownership stake in Binance, the world's largest cryptocurrency exchange, and his substantial holdings of Binance Coin (BNB).
Despite stepping down as CEO in November 2023 following a guilty plea for violating U.S. anti-money laundering laws, his fortune remains largely intact, fluctuating with the crypto market's performance, particularly Bitcoin and BNB.
Anatoly Yakovenko, the co-founder of Solana, has an estimated net worth between $500 million and $800 million. His wealth is primarily derived from his early equity in Solana Labs and his holdings of SOL tokens, the native cryptocurrency of the Solana blockchain.
Before co-founding Solana in 2017 and authoring its whitepaper, Yakovenko accumulated significant experience building high-performance operating systems at companies like Qualcomm, Dropbox, and Mesosphere. This technical expertise was instrumental in developing Solana's unique Proof-of-History consensus mechanism, which underpins its high transaction throughput. $SOL