Everything you mention points to medium-term movements. In the short term, everything is manipulation. There is no such thing as supply and demand. Those who enter into leverage will lose everything.
H_criptoboy
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Something I have tried to understand since I entered Binance is the charts, both green and red candles, but it seems complicated for me to know whether it will go up or down when what I see is the result that is even time-delayed. So, to be able to predict or have a closer intuition about what will happen, we must take a step back and see what is happening in the world of crypto #PEPE
The decline or rise of a cryptocurrency is due to various factors, including:
*Factors that can cause the price to go down:*
1. *Supply and demand*: If there are more sellers than buyers, the price tends to go down. 2. *Regulation*: Changes in regulation or laws affecting the cryptocurrency can cause its price to go down. 3. *Security*: Security issues, such as hacks or vulnerabilities, can affect confidence in the cryptocurrency. 4. *Competition*: The emergence of new cryptocurrencies or technologies can lead people to dispose of the current cryptocurrency. 5. *Negative news*: Negative news or rumors about the cryptocurrency can cause its price to go down.
*Factors that can cause the price to go up:*
1. *Adoption*: An increase in the adoption and use of the cryptocurrency can cause its price to go up. 2. *Investment*: Significant investments in the cryptocurrency can cause its price to go up. 3. *Technological improvements*: Improvements in the underlying technology of the cryptocurrency can cause its price to go up. 4. *Positive news*: Positive news or announcements about the cryptocurrency can cause its price to go up. 5. *Speculation*: Speculation and FOMO (fear of missing out) can drive the price of the cryptocurrency up.
*Other factors:*
1. *Volatility*: The cryptocurrency is known for its volatility, meaning its price can change rapidly. 2. *Liquidity*: Lack of liquidity in the market can cause the price to move sharply. 3. *Global events*: Global events, such as economic or political crises, can affect the price of the cryptocurrency.
It is important to research and understand the risks before investing.
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