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The latest Messages 9

2024-03-19 21:02:23
ORDI analysis:

The price has broken the long uptrend channel, and it remains to be seen whether this is a fakeout or not. It would be prudent to wait for a candle close for confirmation. If the price is unable to close above the trendline, then we can expect a move towards the major support area. This zone presents an opportunity for new entries.

Major Support Area: $40.80-$44.50

Resistance Area: $62.5-$65
25.0K views18:02
Open / Comment
2024-03-19 16:00:01
MicroStrategy continues to bolster its Bitcoin holdings, acquiring an additional 9,245 BTC for approximately $623.0 million. This purchase, funded through convertible notes and excess cash, equates to roughly $67,382 per Bitcoin.

As of March 18, 2024, $MSTR now holds a total of 214,246 $BTC, acquired for approximately $7.53 billion at an average price of $35,160 per bitcoin.
24.7K views13:00
Open / Comment
2024-03-19 14:33:00
QTUM is now testing the support area. Price was rejected from the resistance area and moved towards the support area as expected. You can start accumulating near the support area with tight stop loss.

Support Area: $3.50-$3.85
24.7K views11:33
Open / Comment
2024-03-19 12:24:00
It appears that MANTA is currently testing the support area, which was expected. If you're interested in investing, you might consider purchasing some MANTA at this support area. However, if the price breaks through this support, we may see a move towards the major support area. Despite this, MANTA seems to be a good investment option for the mid-term to long-term.

Major Support Area: $2.00-$2.20
25.5K views09:24
Open / Comment
2024-03-19 09:52:59
Bitcoin is unable to go above the $70,000 level and is now back in the support area. There is a falling wedge formed on lower time frames. Let's see if BTC can hold $64,000-$65,000 support otherwise we see a dump to the $59,000-$60,000 support area.
26.0K views06:52
Open / Comment
2024-03-18 20:56:59
ALT analysis:

The price is currently breaking down the long uptrend channel, indicating a potential test of the local support level. It's important to observe whether the price can hold this level. It is recommended not to open new long positions at this time, and instead wait for a test of the major support area.

Local Support Area: $0.43-$0.46

Major Support Area: $0.29-$0.32

Resistance Area: $0.535-$-.583
15.9K views17:56
Open / Comment
2024-03-18 18:10:22 Educational Post

What Is a Social Recovery Wallet?

A social recovery wallet, also known as a social key recovery wallet, is a type of crypto wallet that includes a mechanism for recovering access to the wallet through a social network of trusted individuals. Self custody crypto wallets using this approach can provide an additional layer of security and convenience for wallet owners.

With a traditional wallet, if users lose their private key or forget their password, they may permanently lose access to their funds. With a social recovery wallet, however, the user creates a network of trusted contacts who can collectively help restore access to the wallet in the event of a lost key or forgotten password.

How Do Social Recovery Wallets Work?

Social recovery wallets work by each trusted contact having a piece of the recovery key or a unique piece of information needed to regain access to the wallet. When needed, the user can initiate the recovery process and the trusted contacts work together to reconstruct the necessary credentials, allowing the user to regain control of their wallet and funds.
18.6K views15:10
Open / Comment
2024-03-18 14:03:59
ETH has recently retested the expected support zone and as anticipated, the price has started to move up after the support area retest. If you have opened long positions, it is suggested to increase your stop loss and hold your position. We may see another move towards the $4000 level now.
20.7K views11:03
Open / Comment
2024-03-18 11:13:00
Solana's global Google search interest skyrockets to an all-time high, marking a historic milestone for the revolutionary blockchain platform.
22.4K views08:13
Open / Comment
2024-03-18 08:35:59
Bitcoin has recently rebounded from the support level between $64,000-$65,000 and is currently range trading between support and resistance. It remains to be seen whether BTC will be able to break above the $70,000 resistance area or not. We anticipate more sideways movement for the next 2-3 days.
23.5K views05:35
Open / Comment