RSI and MACD are helpful for predicting price movements. An RSI above 70 signals overbought conditions, while MACD crossovers can indicate a shift in trend, helping traders make more informed buy or sell decisions.
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Look for a well-defined business model, clear tokenomics, and transparent funding sources. Projects with a solid development team, roadmap, and real-world use cases are more likely to succeed long-term. Sustainability comes from strong community engagement and consistent product development.
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Environmental sustainability has become a growing concern, especially in the energy-intensive world of cryptocurrency. Start by assessing the projectβs consensus mechanismβdoes it rely on Proof of Work (PoW), which is energy-hungry, or a more eco-friendly alternative like Proof of Stake (PoS)? Check if the project has made efforts to minimize its carbon footprint, such as using renewable energy sources for mining or validating transactions. Additionally, evaluate whether the team has committed to environmental goals, such as reducing emissions or offsetting their environmental impact. Projects that prioritize sustainability not only appeal to environmentally-conscious users but also contribute to the long-term health of the blockchain ecosystem.
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