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⁣Cryptocurrencies operate on decentralized networks, typically based on blockchain technology. This means they are not controlled by a central authority, such as a government or financial institution. This decentralization provides a level of security, transparency, and resistance to censorship.

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⁣These are drawn beneath rising prices and indicate levels where buying interest is strong enough to overcome selling pressure. Traders may use support trendlines to identify potential buying opportunities or to set stop-loss orders.

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