Using RSI and MACD together can enhance price predictions. An overbought RSI above 70 signals a possible correction, while a bullish MACD crossover confirms momentum. This combination offers a stronger signal for potential trades.
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OTC (over-the-counter) trades bypass public exchanges, reducing immediate market liquidity. While this prevents price slippage in large transactions, once these trades are executed or entered into the market, they can cause significant volatility and price fluctuations.
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Partnerships are a key driver of growth and credibility. To assess a projectβs ability to build meaningful relationships, look at its track recordβhas it already secured partnerships with other established projects, exchanges, or blockchain platforms? A project that attracts credible partners often has a strong reputation and the necessary resources to scale. Evaluate the nature of these partnershipsβare they strategic, focused on growth, or collaborative to solve specific challenges? Strong partnerships with industry leaders or cross-sector collaborations (e.g., with fintech or traditional businesses) suggest that the project can adapt and expand within a competitive ecosystem.
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