Crypto market strategy $500 daily  – coming week strategy

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A technology known as cryptocurrency is a mode of digital and online money used in internet-related technologies that do not depend on any government, or authority. This technology based on the principles of blockchain with the use of cryptographic techniques makes it impossible for the cryptocurrency to be counterfeited.

Decentralized: Most cryptocurrencies make transactions directly on a network of computers, which is decentralized and secured through blockchain technology, meaning that they are not controlled by any central authority, like a government or bank.

Blockchain Technology: A blockchain is a digital ledger that records all transactions across a network of computers, helping to create an ecosystem that is both transparent and secure. This is mainly because once a transaction is committed to the ledger, there can be no further alteration or erasure, thus creating a strict and transparent ledger.

Encryption: Cryptocurrencies are protected by cryptographic techniques to secure transactions, control the creation of new units, and verify the transfer of assets. Thanks to this, it can only be accessed by authorized users, preventing fraud and counterfeiting.

Anonymity: On the other hand, numerous cryptocurrencies can provide some level of privacy or anonymity because they are pseudonymous. Yet this still means that each user’s details are not directly linked to the things they are paying for.

Global and Digital: Cryptocurrencies are typically operated on the internet, with associated transactions being transferred, verified, and settled within a few seconds, via a network or a person. There is no physical form to these units, they exist purely in a digital environment.

• Bitcoin (BTC): The first and most well-known cryptocurrency, created by an anonymous person (or group) known as Satoshi Nakamoto in 2008.every currency depends on BTC movement, BTC is currently trending on 85000$ use binance Vallet for trade
• Ethereum (ETH): A decentralized platform that allows developers to build and deploy smart contracts and decentralized applications. Ether (ETH) is the cryptocurrency used within the Ethereum network. Its currently trending on 2000$.
• Ripple (XRP): A digital payment protocol focused on fast, low-cost cross-border payments. Its currently trending on 2.50 $
• Litecoin (LTC): A peer-to-peer cryptocurrency designed to be faster and more efficient than Bitcoin. This currency is near 95$
• Others: There are thousands of other cryptocurrencies, each with different purposes, features, and uses. Use binance app for trading.

Market Sentiment: Keep an eye on market sentiment and news. Cryptocurrencies are highly influenced by news, regulatory changes, and market events.

• Follow Crypto News: Stay updated on global financial news, crypto regulations, partnerships, and any major developments that could impact the market.
• Check Technical Analysis: Use tools like TradingView or CoinMarketCap to track market trends, volume, and price movements.
• Monitor social media: Follow key influencers and communities (e.g., Twitter, Reddit’s r/Cryptocurrency, and Telegram) for insights or news about upcoming trends.

• Ethereum and Altcoin Surge

Ethereum could see a breakout if there are positive developments in Ethereum 2.0 or related Layer-2 solutions, with the price potentially crossing key resistance levels (e.g., $2,100 to $2,500). Other DeFi-related tokens could also see a surge, including Solana (SOL), Polkadot (DOT), and Cardano (ADA), as these projects continue to develop and gain market attention.

• Bitcoin (BTC):
  • Support Levels: $35,000, $30,000.
  • Resistance Levels: $40,000, $45,000.
  • Potential Breakout Zone: If BTC surpasses $45,000, it could trigger a bullish run.
• Ethereum (ETH):
  • Support Levels: $1,850, $1,750.
  • Resistance Levels: $2,100, $2,400.
  • Ethereum 2.0 or DeFi Growth: Any positive updates in Ethereum-related projects could push ETH toward higher resistance.

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