Nikko_Op

Gold & Silver dump after President Trump cancels EU tariffs and announces framework for Greenland deal.

$700,000,000,000 added to the US stock market today.

GOOD MORNING ALL 😊
WHAT WANT Market 😳 Still Down 🤔

$BTC
$ETH
$BNB

💠 What is Plasma (XPL) Token?
Plasma (XPL) is a next-generation digital asset designed to provide scalability, security, and efficiency in decentralized ecosystems. It focuses on enabling fast and low-cost transactions, making it suitable for both developers and users seeking high-performance blockchain applications. The token serves as the primary utility and governance asset within the Plasma ecosystem, empowering holders to participate in network decisions and future upgrades.

🔹 Blockchain Introduction
The Plasma token operates on a robust blockchain infrastructure that leverages advanced smart contract capabilities to ensure transparency, interoperability, and decentralization. Its architecture supports cross-chain functionality, enabling seamless integration with other major networks like Ethereum and BNB Chain. This design enhances liquidity and promotes a more connected blockchain environment, driving wider adoption of decentralized applications.

💹 Plasma (XPL) Token Market Performance
Plasma (XPL) token began its journey with a launch price of $0.1001 and quickly gained strong bullish momentum, reaching $1.0765 in a short time. With rising buyer pressure, it continued to surge and recorded another high of $1.4477. The bullish trend persisted, pushing XPL even higher to its all-time high of $1.6944.
However, after this massive rally, the market faced heavy selling pressure, causing the price to drop sharply to $0.8274. Buyers later attempted to regain control, resulting in a temporary recovery to $1.0773, but intense selling once again pulled the token down to $0.2500, marking one of its lowest dips.
Following this decline, the market showed slight stability, and XPL managed to recover modestly to $0.5622 before falling again to $0.2241 as trading activity decreased. Currently, Plasma (XPL) is trading around $0.2604, indicating a sideways and consolidation phase. Still, if buying momentum returns, the token holds potential for another bullish rebound in the coming days.

As of the latest market update, Plasma (XPL) total holder 22.65k & total Supply 10B XPL.
@Plasma #Plasma $XPL

Market Analysis
Bitcoin has recently failed to break above the $124,000 resistance level, creating an atmosphere of uncertainty in the market. Despite the Federal Reserve’s interest rate cuts, the lack of price stability indicates that buyers are currently adopting a cautious stance, and downward pressure may continue to build.
Over the past five days, Bitcoin’s price has shown significant volatility, giving mixed signals in both market sentiment and technical indicators. On October 31, the price reached $111,190, but the bullish momentum soon weakened, and by November 4, the price had fallen to $101,497, signaling clear weakness. The RSI (7) has dropped to 21.9, nearing the oversold zone, suggesting increased selling pressure. However, the MFI (14) has moved to 41.19, entering the neutral zone, indicating a limited return of buying interest among investors.
Bollinger Bands analysis shows that the price is currently near the lower band, which often signals a potential reversal or short-term recovery. However, despite an increase in trading volume—reaching around 50,534 on November 4—there has been no corresponding price recovery, reflecting overall market weakness. The Fear and Greed Index stands at 21, representing a state of fear. While this may indicate a short-term buying opportunity, a breakdown of key support levels could trigger further downward pressure.
In terms of moving averages, the 7-day and 14-day HMAs have fallen below the current price, while the 21-, 30-, and 50-day HMAs have also turned downward—confirming a bearish trend. On November 4, the 7-day HMA stood at $104,147, while the closing price was $101,497, reinforcing the bearish outlook. If the support range between $101,420 and $100,119 breaks, the next strong support lies between $96,945 and $90,056, potentially leading to deeper declines.
Overall, the technical and sentiment indicators suggest that Bitcoin remains under pressure, with a possibility of further short-term downside. However, the RSI and Fear and Greed Index both indicate that the market is entering oversold territory, which may present a short-term recovery opportunity.
Investors are therefore advised to avoid hasty decisions and closely monitor support and resistance levels before taking positions. In the long term, the Fed’s rate cuts and other macroeconomic factors may support recovery, but for now, caution remains the best strategy in the market.
#BTCDown100k #BTC☀️ $BTC

🪙 What is Linea (LINEA)?
Linea (LINEA) is a next-generation cryptocurrency token designed to deliver faster transactions, lower gas fees, and enhanced scalability within the digital finance ecosystem. The token aims to empower developers and investors by providing a secure, transparent, and efficient DeFi environment. With Linea, users can interact with decentralized applications (dApps) and blockchain projects more seamlessly, building a reliable and accessible digital economy for everyone.
🔗 Which Blockchain Powers Linea?
Linea (LINEA) is built on the Ethereum blockchain, following the ERC-20 token standard, which ensures a secure and transparent foundation. Leveraging Ethereum’s powerful smart contract capabilities, Linea offers excellent transaction speed, compatibility, and security. The project also plans to integrate Layer-2 scaling solutions in the future to reduce gas fees and further enhance performance and scalability.
📉 Market Performance Overview
Linea (LINEA) token launched at $0.00500, quickly gaining momentum and reaching an impressive high of $0.04353. After a brief correction, the price dropped to $0.02155, before recovering and setting a new high at $0.03328. Another minor decline followed, bringing the token down to $0.02455, but Linea regained strength, climbing again to $0.03275.
Fueled by bullish momentum, Linea then hit another peak at $0.03543, marking a new milestone. However, the market corrected again, and the price fell to $0.02445. After some sideways movement, the token made a short upward move to $0.02977 before entering a gradual downtrend that led to its lowest dip at $0.00543. The token later stabilized, recovering to $0.02172.
In the following weeks, the market saw mild declines, pushing the price down to $0.01203. Currently, Linea (LINEA) is trading around $0.01312, signaling a consolidation phase. Despite recent volatility, the market still holds potential for a future recovery as investor confidence begins to rebuild.
@Linea.eth #Linea $LINEA