🚀 INIT (Initia) Set to Launch on Binance – April 24, 2025 (Do read important ) #INIT #Initia
INIT is making waves in the crypto community as it prepares for its Binance debut. With a premarket price around $0.7230 and an FDV nearing $700 million, the anticipation is palpable.
Key Details:
Launch Date: April 24, 2025, at 11:00 a.m. UTC Launch Date in IST (Indian Standard Time): April 24, 2025, at 4:30 PM IST
(Most important Point ) Initial Circulating Supply: ~148.75 million INIT
(Most important Point ) Total Supply: 1 billion INIT
Current Premarket Price: ~$0.723 Launch Date: April 24, 2025, 4:30 PM IST Initial Circulating Supply: ~148.75 million (14.88% of 1B total) Estimated FDV: $600M–$700M
Strong Hype: INIT is the 68th Binance Launchpool project — typically associated with high launch-day volume.
Low Circulating Supply: Only ~15% of tokens are in circulation, which often creates upward price pressure during initial hours.
Market Sentiment: Bullish MACD crossover and healthy RSI suggest short-term growth is likely.
Risks: FDV is High: At $700M, INIT is already priced aggressively compared to some established Layer 1s.
Mainnet Not Live: The token is valued ahead of actual ecosystem utility, making it speculative. Post-Launch Dump Risk: Early investors may sell during the first 24–48 hours.
Recommendation: Traders: A short-term buy at launch (below $0.75) with tight stop-loss (e.g., $0.68) and sell target near $0.85–$0.90 could be profitable.
Investors: Wait for post-launch correction and evaluate once mainnet or ecosystem activity becomes visible.
Who loves Crypto More ? (Read full before comment)
A) Elon Musk
B) Trump
C) Narendra Modi
D) add to list (any other you want)
remember : Elon Musk has been a significant influencer in the crypto market, often causing dramatic price swings with a single tweet. His posts about Dogecoin, Bitcoin, and other tokens have triggered massive buying or selling sprees. For instance, when he announced Tesla would accept Bitcoin, prices soared—only to crash when he later reversed that decision due to environmental concerns. His memes and cryptic tweets about Dogecoin have repeatedly sparked volatility. While some see this as playful, others view it as manipulation, as retail investors often act emotionally based on his statements, leading to short-term gains or losses driven more by hype than fundamentals.
Donald Trump, while not as directly involved in crypto as others, has influenced the market through his political stance and public statements. Initially critical of cryptocurrencies, calling them a threat to the U.S. dollar, his words have stirred fear, uncertainty, and doubt (FUD) among investors. However, his recent pivot to supporting crypto-friendly policies and embracing NFTs has created waves in the market. By aligning his campaign with pro-crypto narratives, he appeals to younger, tech-savvy voters and speculators. This shift causes speculative moves in crypto assets, especially politically themed tokens, showing how his influence can sway sentiment and drive price movements indirectly.
Prime Minister Narendra Modi doesn’t manipulate the crypto market directly like celebrities or influencers, but his government's policies and public statements significantly impact market. Announcements related to crypto regulation, taxation (like the 30% tax on crypto gains), or potential bans have caused sharp reactions among Indian investors. Unclear regulatory frameworks and sudden policy moves create fear or optimism, leading to fluctuations in trading volumes and market behavior.
🕊️ Remembering Pope Francis (1936–2025) – A Legacy of Compassion and Reform
The world mourns the passing of Pope Francis, who died on April 21, 2025, at the age of 88 in the Vatican's Casa Santa Marta. His death followed a prolonged battle with double pneumonia.
✝️ A Pontiff of Firsts
First Jesuit Pope First Latin American Pontiff First Non-European Pope in Over a Millennium
Born Jorge Mario Bergoglio in Buenos Aires, he ascended to the papacy in March 2013, succeeding Pope Benedict XVI. His tenure was marked by humility, choosing to reside in the modest Casa Santa Marta instead of the Apostolic Palace.
🌍 Champion of the Marginalized Pope Francis was renowned for his advocacy on global issues:
Social Justice: Supported same-sex civil unions and condemned the treatment of Indigenous students in Canadian church-run schools as "genocide."
Climate Change: Raised concerns about environmental degradation.
Church Reforms: Addressed institutional issues, including clergy sexual abuse cover-ups.
💬 Views on Cryptocurrency
While Pope Francis did not directly comment on cryptocurrencies, his teachings emphasized ethical considerations in finance:
Money's Role: Asserted that “money has to serve, not to rule,” highlighting the moral responsibilities tied to financial systems.
Vatican's Stance: The Vatican urged international regulation of cryptocurrencies, especially due to concerns about their use in illicit activities like migrant smuggling.
🕯️ Final Farewell Pope Francis passed away at 7:35 AM on Easter Monday. Cardinal Kevin Farrell, the Vatican camerlengo, announced his death, praising his unwavering commitment to the Gospel and service to the marginalized.
May his legacy inspire continued compassion and reform within the Church and beyond #rip
Current Price: $0.2430 USDT 24h Change: +0.51% 24h High: $0.2451 24h Low: $0.2408 Volume: Approximately $462 million
📊 Key Technical Indicators
Relative Strength Index (RSI): 50.87 Interpretation: Neutral momentum; neither overbought nor oversold.
Moving Averages:
50-Day SMA: $0.2335
200-Day SMA: $0.2048 Interpretation: The 50-day SMA is above the 200-day SMA, indicating a bullish trend.
MACD (Moving Average Convergence Divergence): Neutral Interpretation: Lack of strong momentum in either direction.
📉 Support & Resistance Levels
Support Levels:
$0.2400
$0.2335
Resistance Levels:
$0.2450
$0.2500
📈 Chart Pattern Sideways Channel: TRX is trading within a narrow range, indicating consolidation. A breakout above resistance or below support could signal the next directional move.
💡 Buy/Sell Recommendation Short-Term: Neutral. Traders may wait for a breakout above $0.2450 for potential long positions or below $0.2400 for short positions.
Long-Term: Bullish. The 50-day SMA above the 200-day SMA suggests a positive long-term trend.
Current Price: $1,591.01 USDT 24h Change: −0.84% 24h High: $1,620.69 24h Low: $1,589.50 Volume: Approximately $1.1 billion
📊 Key Technical Indicators
Relative Strength Index (RSI): 68 Interpretation: Approaching overbought territory, indicating potential for a short-term pullback.
Moving Averages:
5-Day MA: $1,596.00
20-Day MA: $1,754.19
50-Day MA: $2,082.98
200-Day MA: $2,752.75 Interpretation: ETH is trading below its 20-day, 50-day, and 200-day moving averages, indicating a bearish trend in the medium to long term.
MACD (Moving Average Convergence Divergence): Bullish crossover Interpretation: Indicates potential for continued upward momentum.
📉 Support & Resistance Levels
Support Levels:
$1,580
$1,550
Resistance Levels:
$1,620
$1,650
📈 Chart Pattern
Descending Channel: ETH is forming a descending channel, which is typically a bearish pattern. A breakout above the upper trendline could signal a reversal.
💡 Buy/Sell Recommendation
Short-Term: Caution advised. Wait for confirmation of a breakout above $1,620 before entering new long positions.
Stop-Loss: Consider setting a stop-loss below $1,580.
Target: Monitor for a potential move towards $1,650 if resistance is broken.
Long-Term: ETH remains below key moving averages, indicating a bearish trend. Long-term holders should monitor for signs of a trend reversal before accumulating more.
Current Price: $0.4839 USDT 24h Change: +27.29% 24h High: $0.5600 24h Low: $0.3553 24h Volume: Approximately $599 million
📊 Key Technical Indicators
Relative Strength Index (RSI): Approximately 68 Interpretation: Approaching overbought territory, indicating potential for a short-term pullback.
Moving Averages:
10-Day EMA: $0.4000
50-Day MA: $0.4500
200-Day MA: $0.3000 Interpretation: WCT is trading above its key moving averages, suggesting a bullish trend.
MACD (Moving Average Convergence Divergence): Bullish crossover Interpretation: Indicates potential for continued upward momentum.
📉 Support & Resistance Levels Support Levels:
$0.4500
$0.4000
Resistance Levels:
$0.5600
$0.6000
📈 Chart Pattern Ascending Triangle: WCT is forming an ascending triangle pattern, which is typically a bullish continuation pattern. A breakout above the resistance level could signal further gains
💡 Buy/Sell Recommendation
Short-Term: Consider entering long positions if WCT breaks above $0.5600 with strong volume.
Stop-Loss: Set a stop-loss below $0.4500 to manage risk.
Target: Monitor for a potential move towards $0.6000.
Long-Term: WCT remains above key moving averages, indicating a bullish trend. Long-term holders may consider accumulating on dips.
✅ Summary Verdict Short-Term Outlook: Bullish, with potential for a breakout above $0.5600.
Long-Term Trend: Positive, as WCT maintains its position above key moving averages.
Recommendation: Monitor for a breakout above resistance levels and consider entering positions accordingly.
Ready to take your Binance trading to the next level? Let’s dive into some “Damaka Points” – powerful market indicators that could change the way you approach trading. These indicators will give you the upper hand by providing real-time insights into the market’s pulse. Plus, we’ll throw in examples to make it all clear!
1. Volume: The Lifeblood of the Market Damaka Point: Volume speaks louder than words!
What it is: Trading volume tells you how much of an asset is being bought and sold. More volume means more action in the market.
Example: If you see the trading volume for Bitcoin spiking by 50% in an hour, it’s often a signal that something big is happening.
2. RSI (Relative Strength Index): Overbought or Oversold? Damaka Point: RSI is your market temperature gauge. Is it too hot (overbought) or too cold (oversold)?
What it is: RSI helps you spot overbought or oversold conditions by measuring the speed and change of price movements.
Example: Imagine you’re tracking Ethereum and see an RSI hit 80. This means Ethereum might be overbought, and a price correction is likely on the horizon. On the flip side, if the RSI drops to 25, Ethereum might be oversold—a great opportunity to buy before the rebound.
What’s good: RSI below 30 (oversold) could indicate a buying opportunity. You might want to scoop up assets that are undervalued.
What’s bad: RSI above 70 (overbought) suggests a potential pullback, so you might consider selling or waiting for a dip.
To be Continued (Comment and i might post a video) ...........
📊 VOXEL/USDT Technical Analysis – April 19, 2025 $VOXEL
As of April 19, 2025, VOXEL is trading at approximately $0.0510 USDT, reflecting a increase over the past
Key Technical Indicators:
Relative Strength Index (RSI): Currently at 28.91, indicating oversold conditions.
MACD: A bullish crossover has been observed, suggesting potential upward momentum.
Moving Averages:
7-day EMA: $0.0437
25-day EMA: $0.0565
99-day EMA: $0.0657 The price is currently below these EMAs, indicating a bearish trend.
Support and Resistance Levels:
Support:
$0.0329 (24h low)
$0.0228 (S1)
$0.0182 (S2)
$0.0156 (S3)
Resistance:
$0.0437 (7-day EMA)
$0.0565 (25-day EMA)
$0.0300 (R1)
$0.0327 (R2)
$0.0373 (R3)
Analysis: VOXEL has experienced a significant price increase, breaking through previous resistance levels. The RSI suggests that the asset is in oversold territory, which could indicate a potential for a price rebound. However, the price remains below key EMAs, indicating that the overall trend is still bearish.
Trading Recommendation:
Short-Term Traders: Consider entering a long position if VOXEL maintains support above $0.0329, targeting the $0.0437 resistance level.
Swing Traders: Monitor for a sustained breakout above $0.0565, which could indicate further upward potential.
ADX (14): 66.65 – High value, indicating a strong trend
Moving Averages MA50: $0.5082 – Price is above this level, supporting a bullish outlook.
Analysis:
FET has demonstrated a strong upward trend, with the price currently positioned above key moving averages. The high ADX value suggests that the current trend is strong. However, the RSI indicates overbought conditions, which may lead to a short-term correction.
Trading Recommendation:
Short-Term Traders: Consider exercising caution due to overbought RSI levels. A pullback to support levels around $0.52 could present a better entry point.
Swing Traders: Monitor for a sustained breakout above $0.55, which could indicate continued upward momentum.
STX has demonstrated a steady upward trend, with the price currently positioned between the identified support and resistance levels. The RSI suggests that the asset is in a neutral state, while the positive MACD value indicates potential bullish momentum.
Trading Recommendation:
Short-Term Traders: Consider entering a long position if STX maintains support above $0.5891, targeting the $0.6188 resistance level.
Swing Traders: Monitor for a sustained breakout above $0.6188, which could indicate further upward potential.
📊 TRX/USDT Technical Analysis – April 19, 2025 $TRX As of April 19, 2025, TRON (TRX) is trading at approximately $0.2432 USDT, reflecting a slight decrease of 0.00008% from the previous close.
Key Technical Indicators:
Relative Strength Index (RSI): The RSI has recently surged from 55 to 72 within a short period, indicating overbought conditions and suggesting a potential for a short-term pullback.
MACD: The MACD values over 4 hours, 1 day, and 7 days are 0.00029, 0.0015, and 0.0082 respectively, indicating a positive momentum and an upward trend.
Support Levels: $0.238
Resistance Levels: $0.242
Analysis: TRX has recently recovered from a 7.5% correction, rebounding from $0.221 on April 7th to reach $0.243 by April 10th. A clear double-bottom pattern formed around the $0.226–$0.227 support zone, with significantly increased volume during the recovery phase. The 48-hour analysis shows a decisive uptrend with higher lows and higher highs, establishing strong support at $0.238 and resistance at $0.242.
Trading Recommendation:
Short-Term Traders: Monitor the $0.238 support level closely. A break below this level could indicate a potential short-term decline.
Swing Traders: A sustained move above the $0.242 resistance level may signal continued upward momentum.
Moving Averages: The 5-day and 10-day moving averages have formed a golden cross, indicating bullish dominance.
Support Levels: $2.00
Resistance Levels: $2.20
Analysis: LAYER has experienced a significant surge, breaking through previous resistance levels. The formation of a golden cross and increased trading volume suggest strong bullish momentum.
Trading Recommendation:
Short-Term Traders: Consider entering a long position if LAYER maintains support above $2.00, targeting the $2.20 resistance level.
Swing Traders: Monitor for a sustained breakout above $2.20, which could indicate further upward potential. #layer
MACD: Bullish crossover with the MACD line at 155.3, suggesting upward momentum.
Stochastic Oscillator: 99.642 – Overbought, signaling potential for a short-term pullback.
Support Levels: $84,500, $83,200
Resistance Levels: $85,500, $86,790
Analysis:
Bitcoin has experienced a significant surge, reaching $85,000 from $82,000 within an hour, accompanied by a notable increase in trading volume. The RSI and MACD
DOGE is currently trading within a tight range, showing signs of consolidation. The RSI remains neutral, while the MACD indicates a potential bullish shift. A breakout above the $0.165 resistance could signal a stronger upward trend, whereas a drop below the $0.145 support may lead to further declines.
Trading Recommendation:
Traders should monitor the $0.145–$0.165 range closely. A confirmed breakout in either direction could present trading opportunities. Implementing stop-loss orders is advised to manage potential risks.
🟡 CEO Connect: Binance’s Richard Teng is going live on Square.
📅 April 17, 2025 🕐 12:30PM–1:30PM (UTC+0) 🎙️ Audio Live AMA 📍 Only on Binance Square
This is your chance to hear directly from our CEO. No stage, no script — just real talk with the Binance community.
From market momentum to emerging tech like AI and the future of Web3, Richard’s ready to dive into the topics that matter to you — the builders, traders, creators, and believers shaping this space.
📌 Save the date. Set your reminders. Be there live.
Because when the community speaks, Richard listens.
Bitcoin is trading at $84,322, showing a slight uptick of 0.55%.
Key Indicators:
RSI: 41.9 (Neutral)
50-day MA: $95,063.30
200-day MA: $83,520.60
MACD: Bearish crossover
Support Levels: $83,578, $82,000
Resistance Levels: $85,500, $87,453
Analysis:
The market presents mixed signals with a bullish trend in moving averages but bearish momentum in MACD. Traders should exercise caution and consider risk management strategies.
Note: This analysis is for informational purposes only and does not constitute financial advice.