RSR Climbs the Crypto Charts While Dreaming of 2021’s Glory Days What is Reserve Rights? The Reserve Rights Token aka RSR is an integral part of the Reserve Protocol ecosystem, launched in 2019 to promote cryptocurrency adoption. This protocol provides tools enabling users to create and utilize stablecoins globally. The ecosystem includes the Reserve Protocol, the Reserve app, and the RSV stablecoin. Its unique dual-token mechanism aims to mitigate cryptocurrency market volatility. RSR is an ERC20 token with a maximum supply of 100 billion. It functions as both a utility token and a governance token for the Reserve Rights platform. Key Features of Reserve Rights and How It Works The core of the Reserve Protocol ecosystem is the RSV stablecoin, which is supported by fiat-backed cryptocurrencies like USDC, TUSD, and USDP. These stablecoins are managed through smart contracts called the Reserve Vault, ensuring that each stablecoin created on the platform is fully backed by a diverse mix of assets. RSR serves as a safety net for the platform. If any RTokens (stablecoins created on the platform) default or their collateral loses value, RSR is used to recapitalize the market. RTokens are fully collateralized and can be redeemed 1:1 for their underlying assets. The supply of RSR is inversely correlated with the supply of RSV, maintaining stability and reliability. Noteworthy Aspects of Reserve Rights The Reserve ecosystem also features the RPay App, a crypto wallet that allows users to store, send, deposit, and withdraw assets in their preferred currency—whether fiat or crypto. Where to Buy RSR? RSR is available for trading on multiple centralized exchanges (CEX) and decentralized exchanges (DEXs). Popular platforms include Binance, OKX, Gate.io, and KuCoin. Prices may vary based on the exchange and market conditions RSR, the King of Comebacks (Kind Of!) The current price of Reserve Rights is $0.017, reflecting an 85% increase over the past 24 hours. The token reached its all-time high of $0.119 on April 16, 2021, and is now 85.6% below that peak. With a circulating supply of 53.29 billion tokens and a maximum supply of 100 billion, RSR has a 24-hour trading volume of $276 million. It is traded on 38 markets and 39 exchanges, with Binance being the most active platform. RSR's market capitalization stands at $913 million, representing 0.02% of the total cryptocurrency market. But what the pump is this? The recent pump in the RSR token can be attributed to several factors 1. Mainnet Launch Anticipation: The Reserve Protocol's upcoming mainnet launch is a significant milestone. This launch will enable the creation of fully collateralized stablecoins (RTokens) and introduce staking capabilities. These features are expected to drive adoption and utility, increasing investor interest. 2.Staking Rewards: The introduction of staking will allow RSR holders to earn rewards by insuring RTokens against collateral defaults. This practical use of staking within the ecosystem adds a layer of financial incentive, making the token more attractive to both new and existing investors. 3.Stable Performance During Volatility: The Reserve Protocol's stablecoin, RSV, has maintained its peg even during market volatility, showcasing its resilience. This stability has strengthened investor confidence in the broader Reserve ecosystem. 4. Partnerships and Tokenization Trends: Speculation around RSR's involvement in blockchain tokenization initiatives, potentially in collaboration with major players like Coinbase and BlackRock, has further boosted market sentiment. These developments highlight RSR's potential role in the emerging tokenized assets sector. next targets are 0.019 and 0.025$ Learn before you earn The crypto bull market might seem like a quick path to wealth, but without understanding the basics, it can lead to confusion or losses. Build your knowledge first to turn insights into profits and achieve your goals
Technical Analysis for $TLM/USDT #TLM The chart displays a falling wedge breakout, a bullish reversal pattern that signals a shift from a downtrend to an uptrend. The "Buy here after correction" zone at $0.01355 serves as a strong support and an ideal entry point for long positions during a retracement. $0.01355 - $0.01187: Key support zone, marking the Fibonacci retracement area and a critical zone for potential accumulation. Resistance Levels (Targets): T1: $0.03115 T2: $0.03897 Last Target: $0.04772
Celestia (TIAUSD) is ahead of its first 1D Golden Cross in history, which should have been completed by next Monday the latest. Having broken above the Lower Highs trend-line that has dominated the majority of 2024, the only technical obstacle now is the 1W MA50 (red trend-line). If that breaks, we expect the 1D Golden Cross to deliver a parabolic rally similar to November 2023 - January 2024. That was a +1018.18% rise from the bottom, which gives us a target estimate of $46.00. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
Bitcoin is still trading below the 100K zone, not being able to touch even with the wick in this zone. With tents growing near this zone, both buyers and sellers are accumulating their positions and bringing in more volume (which, at the end, will most likely result in liquidation hunting). Our gameplan for Bitcoin remains the same so now we keep our attentions at 100EMA (where we should see the first breakdown). Swallow Team
BTC/USD Market Insights and Analysis ? Current Market Overview ? Bitcoin (BTC/USD) is currently trading around $97,150, reflecting its recent resilience despite market fluctuations. The cryptocurrency market is witnessing significant interest and activity, driven by various macroeconomic factors. ? Technical Analysis ? Moving Averages: Bitcoin remains above its 50-day and 200-day moving averages, indicating sustained bullish momentum. RSI: With an RSI around 55, the market is neutral, suggesting potential for further upward movement. MACD: The MACD line is above the signal line, another bullish indicator. Support and Resistance: Key support levels are identified at $90,875, $95,000, and $94,199. Resistance levels are set at $99,800 and the critical psychological barrier of $100,000. ? Latest Market News ? Bitcoin Eases but Remains Bullish Above 90K: Bitcoin price saw a recent dip of 2.6% due to a stronger dollar. However, it remains resilient above the 90K support level, indicating a potential for consolidation within the 90K-100K range. Bitcoin Bounces Over 3%: After a four-day pullback, Bitcoin rebounded by 3.1%, supported by the 20-day moving average and solid support above 90K. This suggests the corrective phase might be ending. MicroStrategy's Acquisition: MicroStrategy recently acquired 55,000 bitcoins worth $5.4 billion, bolstering market sentiment and pushing prices towards the $100,000 mark. ? Market Maker Strategies ? Understanding market maker dynamics can be invaluable. By identifying liquidity zones and price reversals, traders can better navigate and capitalize on market movements. Our latest indicator script identifies high-volume areas, extends liquidity zones, and provides visual cues for potential support and resistance levels. ? Future Outlook ? Bullish Sentiment: The overall sentiment for Bitcoin remains bullish, especially above the 90K support level. The market anticipates strong resistance around the 100K barrier. Economic Data and Geopolitical News: Traders should keep an eye on upcoming economic data and geopolitical developments, which could influence Bitcoin's direction. Technological and Institutional Support: Increased institutional adoption and technological advancements in the cryptocurrency space continue to support Bitcoin's long-term potential. Stay informed and make strategic decisions with these insights! Feel free to share your thoughts and let's discuss further. ??...
A rate cut by the Fed is pretty much a done deal. Now look at the magnitude of the decline. That's good news for gold. But I think in the short term, especially with non-farm data this week, gold will have a downward momentum process. Then wait for the announcement of the rate cut, gold in a strong sprint!
SOL seems to be heading towards $215, an area of consolidation on the daily chart, and also the 38.2% fib level of the move up from 4 Nov to 22 Nov. Wait for a reaction and daily candle close from that level to go long. Price should then hit at least $273 in the next leg up.
This is gold, and it looks like it might behave well to the downside this week. Over the past few months, it has been bullish and has broken many highs, so it is due for a drop now. Let's keep an eye on it!
Liebe Tradingview - Community! ? Der Bitcoin hat im gestrigen Abverkauf $94300 erreicht, es ist somit noch vor dem 100er EMA(4h) Support reingekommen. Der Preis bildet zur Zeit eine Range zwischen $95000 und $98000, es bleibt also spannend, ob es bei einer Konsolidierung mit anschliessender Aufwärtsbewegung bleibt, oder aber eine weitere Korrektur ansteht. Der Altcoinsektor reagiert positiv auf die Bitcoin Range, viele Coins profitieren mit zweistelligen %-Zuwächsen. In Fakt werden beim Bitcoin meist vermehrt Profite gezogen, wenn der Preis bei der Aufwärtsbewegung ins Stocken gerät. Diese Liquidität findet dann 1:1 ihren Weg in die Alts. Wir raten euch dazu, auch bei den Altcoins regelmäßig-, bzw. an signifikanten Zonen Teilprofite zu nehmen. Es wird auch wieder rote Kerzen geben! ✌️ Krypto-News: ? Michael Saylor hat den nächsten Bitcoin Kauf von MicroStrategy bekannt gegeben. ? Diesmal wurden 15.400BTC für insgesamt 1,5 Milliarden USD erworben. Damit durchbrechen sie die 400.000 BTC Marke und sind nur noch knappe 20.000 BTC davon entfernt, 2% des gesamten Supplys zu besitzen! ℹ️ Auch Marathon Digital Holdings hat angekündigt, dass sie bis zu 1-Milliarde USD an neuem Kapital einsammeln wollen, um weitere Bitcoin einzukaufen. Bei der aktuellen Nachfrage nach Anleihen dieser Unternehmen ist davon auszugehen, dass noch diese Woche die Bestätigung des Einkaufs erfolgt! ? ? FUD? Die US-amerikanische Regierung hat Bitcoin im Wert von fast 2-Milliarden US-Dollar verschoben. Dies wurde von der Blockchain Analyse Firma Arkham Intelligence erfasst, 10.000 dieser Bitcoin seien auf einer Coinbase Adresse gelandet. Da die US-Regierung einen „Verwahrvertrag“ mit Coinbase eingegangen ist, bleibt unklar, ob die Coins für einen möglichen Verkauf dort eingegangen sind oder letztendlich nur zur Verwahrung der Bestände, die aus dem SilkRoad Prozess stammen. ETF-Flows: ? Die Bitcoin SPOT ETFs starteten gestern mit 353 Millionen USD an Inflows in die neue Handelswoche. BlackRock´s IBIT war wieder Hauptverantwortlich für die grünen Zahlen. Wirtschaftskalender: 16:00 —— JOLTs Stellenangebote (Okt) ? Wir starten wie gewohnt mit dem Job-Angebot in die monatlichen Arbeitsmarktdaten. Seit der ersten Zinssenkung gibt es eine kleine Erholung in der Nachfrage nach Arbeitskräften, wenn sich dies auch im Oktober weiter bestätigt, können wir davon ausgehen, dass die Unternehmen wieder mehr bereit sind in die Zukunft zu investieren und somit einer drohenden Rezession entgegen wirken. ✌️ Lass uns gerne ein Abo da, wenn dir unsere Updates gefallen. ?
Ein Halbleitertitel der mit dem negativem Newsflow aus Europa nach unten segelt. Basierend auf den Umsatz, Gewinn und Dividendenzahlen und deren historischen Trends ist diese Aktie aktuell sehr günstig zu kaufen. Sie bietet aktuell eine DR von über 6%, das ist selten in der Halbleiterbranche.