PERP Perpetual Quick Update – Crypto Price Prediction, and Analysis !!
What Is Perpetual Protocol (PERP)?
Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can go long or short with up to 10X leverage on a growing number of assets like BTC, ETH, DOT, SNX, YFI and others. Trading is non-custodial, meaning traders always retain possession of their assets, and on-chain. Perpetual Protocol utilizes a virtual automated market maker (vAMM), which provides on-chain liquidity with predictable pricing set by constant product curves. Furthermore, Perpetual Protocol designed its vAMMs to be market-neutral and fully collateralized.
Hello and welcome back to the Crypto Geeks YouTube channel. In this video, I will provide you with a comprehensive analysis, price prediction, and forecast for this cryptocurrency, as well as updated levels of its major levels of support and resistance. Please Like, Subscribe, and Leave a Comment to let me know which token I should feature in my next video!
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The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments. Cryptogeeks and affiliates are not responsible for individual loss due to poor trading decisions or any other actions which may lead to loss of funds.
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Your explanation is realistic and straight to the point. On the other hand there are many ways of manipulating the market, I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyze the digital market , all that changed when i encountered ( Jim Detterick) strategy. more emphasis should be put into day trading as it Is less affected by the unpredictable nature of the market.