Crypto VIP Signal

2024-04-03 22:12:38 RARE analysis:

Price is now heading towards the support area. Wait for a test of the support area for opening new long positions.

Support Area: $0.148-$0.153

Resistance Area: $0.206-$0.218 Open / Comment

2024-04-03 14:53:16 LTC analysis:

The price is approaching the support area. Consider opening a small long position near support with a tight stop loss. Although old coins aren't experiencing significant price increases like new coins, proper risk management is advised

Support Area: 92.80-$94.50

Resistance Area: 109-113 Open / Comment

2024-04-03 13:09:59 SOL analysis:

A triangle pattern has formed on lower time frames and the price is currently respecting the support and resistance lines. The direction of the next move will be determined by the break of this triangle pattern. Therefore, it is recommended to keep an eye on the chart and wait for a break in either direction.

Support Area: $165-$170

Resistance Area: $195-$200 Open / Comment

2024-04-03 08:32:07 Bitcoin experienced a rebound after testing the support area of $64,000-$65,000. As of now, we may observe some sideways movement between the support and resistance area. If the price falls below the support area of $64,000, it is likely to push towards the support area of $59,000-$60,000. The resistance area is between $69,000-$70,000. Open / Comment

2024-04-02 20:59:44 RAY analysis:

The price is currently approaching a support area, and we may observe some sideways movement and accumulation around this zone. It could be a good idea to consider building a small long position around the support area. In the next few days, we may see a continuation of the upward movement.

Support Area: $1.83-$2.00

Resistance Area: $2.50-$2.60 Open / Comment

2024-04-02 17:06:01 Educational Post

What Is Parallelization?

Parallelization (Parallel Transaction Execution) is a method for processing multiple tasks at the same time. Parallelization is based on the idea of parallelism, which is a concept in computer science that describes the ability to execute multiple processes simultaneously. For blockchain technology, this approach increases the number of transactions per second (TPS) and improves the overall throughput of the network.

How Parallelization Works

Parallelization structures the network to validate multiple transactions simultaneously instead of processing them sequentially (one by one). It uses the available network resources and spreads the task of transaction execution across multiple nodes.

Parallelization checks many potential network states simultaneously, each showing the outcome of validating a particular set of transactions. By exploring these states, the network understands how each transaction would impact the ledger if it was validated. Once the check is over, the network reaches a common state, which reflects the outcome of the parallel validation. Open / Comment

2024-04-02 14:56:01 The Bitcoin liquidation heatmap reveals significant liquidation of short positions around the $68,000 area. Given this data, it's highly probable that the market will prioritize clearing out these positions before making its next move. Traders should monitor this closely as it may impact market sentiment and price action in the short term.. Open / Comment

2024-04-02 13:07:07 XRP analysis:

Price is currently testing the support area and must hold it. There may be some accumulation at the support before the next move. You can accumulate some XRP near the support area with a tight stop loss.

Support Area: $0.568-$0.60

Resistance Area: $0.68-$0.713 Open / Comment

2024-04-02 08:17:01 Bitcoin has breached below the support area, encountering significant selling pressure. Currently, the price is on a downward trajectory towards the next support level in the range of $64,000-$65,000. This is the reason we recommend you to use tight stop loss in all open positions. Open / Comment

2024-04-01 21:57:00 XAI analysis:

Price is now heading towards the support area. You can open long positions at the support area with tight stop loss. We are expecting a bounce from the support area towards the resistance area.

Support Area: $1.00-$1.09

Resistance Area: $1.19-$1.23

Major Resistance Area: $1.50-$1.55 Open / Comment