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Spaceid

Will #ID Explode or Collapse? Watch These Critical Levels Yello, Paradisers! Are we standing on the edge of a major breakout or will #IDUSDT plunge into a deeper retracement? Let’s break down the latest analysis of #SpaceID: 💎#ID has been trading within a broadening wedge pattern for months, with descending resistance and support lines shaping the structure. Recently, the price broke out above the wedge’s descending resistance—a critical technical milestone. However, for any meaningful upside, the price must conquer the $0.7495 resistance level, which currently stands as the major hurdle. 💎A clean breakout above $0.7495, confirmed with a daily close, could unleash a significant bullish rally. The next targets on this trajectory would be around $1.00 and potentially higher toward the $1.30–$1.60 major resistance zone. These levels would likely draw in fresh buying momentum, propelling the price further upward. 💎On the flip side, the $0.6710 level serves as immediate support. Below that, there is a strong demand zone at $0.5218–$0.3955, which has acted as a springboard for bullish recoveries in the past. As long as the price remains above this demand zone, the bullish case remains intact. A dip into this zone could provide an ideal opportunity for bulls to regain control. 💎However, if #IDUSD closes a candle below $0.3955, this would invalidate the bullish structure. Such a move could signal further downside, with the price targeting lows around $0.2850 or even lower. This scenario would shake out inexperienced traders and open opportunities for short sellers. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
SPACE ID | ID The price of SPACE ID is $0.57 today with a 24hour trading volume of 185 million dollars. This represents a 27% price increase in the last 24 hours SPACE ID is building a universal name service network with a one-stop identity platform to discover, register, trade, manage web3 domains. It also includes a Web3 Name SDK & API for developers across blockchains and provides a multi-chain name service for everyone to easily build and create a web3 identity and ID is the governance token of SPACE ID. Space ID has an ambitious roadmap for 2023. The project plans to achieve several milestones to enhance its functionality, usability and adoption: Q2 2023: Launch a merch store gated by NFTs with exclusive personalized merchandise for Space ID domain owners; initiate the launchpad for custom TLD domain names that allows communities to build and launch their own domains. Q3 2023: A SID universal domain that represents all user identities and multi-chain addresses with a colon domain syntax. Q4 2023: The SID DAO launch that enables decentralized governance of the project by ID token holders Space ID has received strong support from reputable investors and partners in the blockchain industry. The project has raised a total of HKEX:10 million in funding over two rounds. The seed round was led by Binance Labs, the venture capital arm of Binance. The strategic round was led by Polychain Capital and dao5, two prominent venture capital firms that focus on web3 innovation. Other participants in the funding rounds include Foresight Ventures and other institutions and industry leaders. next targets are 0.59, 0.63 and 0.65
Long
by moonypto
17
Trade Idea for SPACE ID (ID) - Accumulation StrategySPACE ID (ID) is currently trading at approximately $0.7485, having shown a price increase of 4.91% in the last 24 hours. The market cap is around $399.69 million, with a circulating supply of approximately 533,986,987 ID tokens​​. Initiate a position at the current price level of around $0.7485. This entry provides a strategic point given the recent price movements and potential for rebound. Plan to accumulate additional SPACE ID tokens if the price drops to $0.72 and further to $0.66. This strategy allows for averaging down the entry price and capitalizing on market corrections. Set multiple take-profit targets to maximize returns. The initial targets are $1.20 and $1.65, chosen based on potential resistance levels and historical price action. SPACE ID aims to create a universal name service network for Web3, offering decentralized, open-source, and censorship-resistant services. The project includes web3 domain registration, management, and governance through its ID token, which plays a critical role in the platform's ecosystem​. The SPACE ID token has experienced significant volatility but shows potential for substantial growth as more users adopt its services. The Fear & Greed Index indicates a sentiment leaning towards greed, which may suggest strong investor interest and potential buying opportunities​. Accumulating SPACE ID at strategic price points leverages market volatility and the potential for future growth. The phased profit-taking strategy aims to capture gains as the market appreciates, driven by the project's innovative approach to Web3 identity management. This trade idea is based on current market data and SPACE ID’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
Long
by icordkaz
ID/USDT Ready to Leave the Descending Channel? 🚀Positive Sign 💎Paradisers, let's take a look at the latest market trends for #IDUSDT, which have been quite interesting. 💎Currently, #SpaceID is hitting the resistance of a descending channel. If it manages to break above this level, it could signal a bullish trend reversal, with the potential to back-test the significant resistance zone mentioned above. 💎On the other hand, if #ID fails to break through and gets rejected at the resistance, it might indicate a downward shift, possibly sending the price back to the weekly OB area to regain some upward momentum. 💎The weekly OB area is a crucial support level for SpaceID. If the price holds within this zone, it could be a prime buying opportunity with a potential bounce to the upside. However, if BME:ID breaks below the weekly OB area, it might suggest further downward movement. 💎Stay focused and be ready to adapt as we monitor the unfolding dynamics of the #ID market.
Long
by MyCryptoParadise_Simon
🔥ID is Another TOP Altcoin on BinanceSpaceID fell by -85% from it's highs. That's much more then most of fresh altcoins on Binance (which has a top growth potential): WLD, ARKM, EDU etc. It means that not to much people to pay attention to this altcoin and don't want to buy it now...still. The retailers want to buy such altcoins when it pump by 3-4x which is end of the growth. The same pattern with Aptos supposes these target for ID: 1. $0.36 (+97%) - the key level 2. $1.05 (+457%) - the local high 💥 The bull market is alredy in action and will take just 1-2 years. Please use this time to your advantage! like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
7
ID/USDT upward momentum? 👀 🚀ID Today Analysis💎Paradisers, direct your attention to #IDUSDT as it exhibits a compelling pattern. The asset is making an attempt to overcome a bearish Order Block, indicating a potential upward movement if it successfully breaks above. 💎#SPACEID has adhered to a descending channel pattern, breaking above it to embark on an upward journey. Currently, it's gaining momentum for another attempt to move past this bearish OB. If this breakout is maintained, it significantly increases the prospects for a bullish movement. With this ongoing upward momentum, AMEX:ID is targeting the resistance level at $.53282. 💎 For #ID, it’s crucial to be prepared for a potential bullish recovery from the support level of $0.22143. However, a descent below this level could indicate challenges in sustaining the bullish trend. 💎 In this fluid and constantly evolving market environment, strategic insight and informed decision-making are essential. Crafting a comprehensive trading strategy, inclusive of sound money management and a deep understanding of support and resistance dynamics, is crucial for achieving successful trading outcomes. 🌴💰
Long
by MyCryptoParadise
ID/USDT is Primed For Bullish Rally | ID Analysis Today💎Heads up, Paradisers! ID/USDT is currently navigating a pristine descending triangle, and it's all set for a potential bullish breakout. 💎Several days ago, ID/USDT masterfully interacted with a bearish Order Block (OB), established matching highs, and set off on a downward course to address the Bullish OB and secure buying liquidity. 💎If the price successfully pierces through the triangle's upper edge, it's likely to engage the looming supply zone. However, let's not forget the wild card—market uncertainty, which could tip the scales at any moment. 💎We're bullish on the likelihood of the price revisiting the supply zone, thanks to residual liquidity. 💎Keep those charts updated and stay tuned for more insights! Happy trading!
Long
by MyCryptoParadise_Simon
1
SPACEID IDUSDT Price analysis (4h)Hey, fellow traders and investors! 🤝 Let's dive into the price analysis of SPACE ID! 🚀🌌 📉 Currently, SPACE ID is consolidating in a semi-Triangle, semi-Wedge pattern, creating an interesting setup for potential trades. 🔄 Trading this pattern might be a bit tricky, but don't worry – we've got you covered! 🔍 🚀 Despite the consolidation, the price appears to be oversold for this local period, hinting at a potential weak breakout to the upside in the coming days. 📈 Our targets for the breakout are set at $0.28, $0.30, and $0.32 resistance levels. 🎯 💹 Overall, the trend for IDUSDT seems bearish, and there's a possibility of it reaching another lower low around $0.15. This zone could be a strong buy area for those looking to catch a potential price reversal. 🛒📉 Keep an eye on the price action of SPACE ID, practice risk management, and always be prepared for any market fluctuations! 🚀💹✨ Remember to stay informed, practice sound risk management, and always be prepared for market fluctuations. Happy trading! 🌌🚀
by Vestinda
1
SPACE ID bullish ride ?👀 🚀ID Today Analysis 💎 ID USDT is poised for a significant move as it's currently trading in a high-demand zone, indicating a potential upward trajectory. 💎 Another key observation is that it's on the verge of crossing over the 21 EMA. If the price maintains its momentum above this EMA, it could present a favorable trading opportunity. 💎 Above, there's a supply zone that the price is expected to address smoothly. However, if the price breaks below the support level, we could see a downward shift. 💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
$ID Rally - SPACE X Launch 4/20 2023 (RETEST)Recently i had summized that successful SPACE X launches had a positive effect on the market, backing it up with historical data on bitcoin and ethereum respectively. It was glorious to watch shorts get rekt. I don't think people have looked at long term forecasts on price predictions through too 2032. I genuinely think on 4/20 ID could rally pass 1.33 USD The first launch of SpaceX Starship was halted on Monday 17 April 2023 after a pressurization issue arose in the first stage. SpaceX decided to continue with the preparation – as a “wet dress” down to the T-0:10 mark so as to allow its team to exercise its procedures. So with prospects of Elon putting a dogecoin on the moon, Altcoin season is upon us. Another potential reason for why this market pumped... it could also be due too US congressman Warren Davidson introducing legislation to fire SEC Chair Gary Gensler. Its a very unique day indeed. Recent business developments: 4 partnerships were recently announced Bonus Historical Data: One of the most publicized SpaceX launches was the Crew Dragon Demo-2 mission, which took place on May 30, 2020. Here are the approximate Bitcoin and Ethereum prices for the day before and after the launch: May 29, 2020 (Day before the launch): #Bitcoin: ~ 9 ,400 USD #Ethereum: ~ 220 USD May 31, 2020 (Day after the launch): #Bitcoin: 9,700 USD #Ethereum: 235 USD Supplemental Notes: + ID is only on 5 exchanges # of holders 59,317 addresses BNB domains registered: 714,318 domains too 506,215 unique addresses
Long
by BIG-BLACK-CRYPTO
2
$ID RALLY: Bearish Divergence VS SPACEX Factor BINANCE:IDUSDT Amongst the crypto community the sentiment attached to SPACE X is that a successful launch would rally all of crypto. The correlation between successful launches and crypto market cap(s) is unknown. However I agree with this perspective, and I'm eagre to see how it plays out. So its noted, and plotted for 9AM EST (2hrs from now). People are expecting Elon Musk too genuinely put DOGE coin on the moon... pundits are expected to shift the conversation too tokens of true utility with genuine business use case. I do see strongly branded projects mooning. And the eToro x Twitter partnership becoming common knowledge as a common talking point when discussing his successes on air. 450,000,000 DAU (daily active users) getting crypto info is huge. Could retrace to .80 or .78 USD but... i doubt it. There's 66,000+ holders, and the project is on over 30,000 watchlists. The retracement is normal, remember in the past 7 days we crossed 106% in growth, so this isn't a dump. Its a minor correction at best before we continue blowing shorts out of the water. Personally I'm bullish and I expect to rally from here. #SPACEID being down 10% is nothing.... its already hovering, settling, and repositioning for another breakout to the upside. It's successfully battled the -10%. It gives me confidence to see it stand up to the selling pressure. Also, people taking profit is too be expected. If we trail sideways I'm fine with that. BINANCE:IDUSDT Bonus Historical Data: One of the most publicized SpaceX launches was the Crew Dragon Demo-2 mission, which took place on May 30, 2020. Here are the approximate Bitcoin and Ethereum prices for the day before and after the launch: May 29, 2020 (Day before the launch): Bitcoin: ~ HKEX:9 ,400 Ethereum: ~ HKEX:220 May 31, 2020 (Day after the launch): Bitcoin: ~ HKEX:9 ,700 Ethereum: ~ HKEX:235
by BIG-BLACK-CRYPTO
$ID Rally - #SPACEID Could Surpass $1 USD SoonDisclaimer: I do have a BAG of ID My opinion: I'm thinking on or around Sunday evening we could see a 1 USD ID price... reasons why; Strategy: Accumulate & Chill.... how long am i holding for? I have no intention of selling b/c of the DAO they're forming. So these tokens do have a "governance" role. And in Q4 they can be staked for discounts in the marketplace. Currently the APR's on Binance are generous. Pancakeswap's APR was generous imo. So there's strong incentive for a rapid growth in marketcap. Fundamentals for your consideration: i) Binance has allowed leveraged trading which has seen significant volume pump into $ID. Do note when people state that it seems "manipulated". A billion in volume is par the course, during the TGE 2.8BN in BNB was pledged by eager hodlers. So understand that any point this marketcap could swell beyond $3BN at the blink of an eye. ii) Current market cap and price point is appealing, because unlike the ENS drop... user's are seeing the opportunity to hold something with growth in mind. At present price lvl's user's can look to the roadmap for insights on why token price is likely to surge in a Bull Market of its own. DYOR, NFA... but on the horizon there's a NFT gated merch store, Universal TLD's (Domains). iii) Significant Milestones Reached - - Domains Registered: 701,646 SID | Holders: 495,507 addresses - ID Holders: 60,247 addresses - BSC Scan & other integrations make the project a juggernaut in web3 identity - .ARB & .ETH support in the marketplace - The domain market place does significant volume in trading daily - In pure sales volume, they're #2 & they did that in 6 months Something not commonly discussed is that the team actually achieved a lot of their roadmap rather early, hence why more has been added to their roadmap. The project has a solid team of developers buidling. There incubated and backed by Binance Labs. There second seed round raised $10M USD (Polychain Capital + dao5). Not often discussed is the sheer size of opportunity to grow. Remember Binance has 26 million website visitors.... and Binance is invested in twitter... and twitter just announced a partnership with eToro to provide crypto & stock prices on the platform. #SPACEID in theory now has access to 450M (2022) plus twitter users .... Again DYOR + NFA... this also doesn't factor in the mega bullrun to come with the Litecoin & BTC halving's ahead. When in doubt zoom out. I'm the least bit concerned by sideways conditions.
Long
by BIG-BLACK-CRYPTO
ID/USDT (SPACEID)SPOT PLAY : (SPACEID) ID/USDT (SPACEID) is showing a symmetrical triangle ( bullish if breaks to the upside with volume and retest in 4(Hourly) timeframe. On the other hand if it breaks below then its recommended to BUILD SPOT POSITION according to given buying zones for long term (Next halving cycle). STOP LOSS = N/A Take profits are mentioned in the chart itself. DYOR. Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money. Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not. Suggestion/Tip 2 - When price is moving on right way "it is always recommended to move stop-loss to profit side". If you like the idea and benefited from it please like , share & comment to keep us motivated.
by EsCApetHEmAtRiCS