#Altcoins super cycle has just begun!#Bitcoin dominance monthly rising wedge breakout and breakdown completed!
#Alts market capitalization OTHER TOTAL3 AND TOTAL2 The breaking and closing of the handle cup formation that formed on a monthly basis has been completed.
We are moving towards #Altseason in an environment of Denial and Disbelief!
Altcoins
Velas (VLX) Technical Analysis & Market OutlookVelas (VLX) Technical Analysis & Market Outlook
Velas (VLX) is rapidly emerging as one of the most compelling opportunities in the crypto space, standing at what may be the cusp of a transformative price breakout. The confluence of fundamental catalysts and technical indicators now suggests that early adopters could be on the brink of accessing a rare window—one that has the potential to create the next generation of crypto millionaires.
Technical Setup:
Price Structure & Support Levels:
VLX has spent a prolonged period consolidating at historically low price ranges, building a rock-solid base of support. Notably, the weekly chart shows Velas price action compressing tightly above a significant horizontal support line—one that has historically acted as a springboard for accelerated moves. This extended period of accumulation often precedes large-scale breakouts, as selling pressure diminishes and strong hands continue to accumulate supply.
Volume & Momentum Indicators:
In recent weeks, trading volume has begun to shift from idle stagnation toward a gradual uptick. This “quiet accumulation” phase is frequently the calm before the storm.
Key indicators are flipping bullish:
MACD: The MACD on mid-to-long-term time frames is curling upward from deeply oversold conditions, a classic sign that bears are losing control. As it crosses into positive territory, it telegraphs a sentiment change from weakness into potential sustained bullish momentum.
RSI (Relative Strength Index): The RSI, previously languishing in oversold territory, is now climbing steadily, suggesting the market is regaining strength. This early uptick can be a precursor to explosive price moves.
Stochastic Oscillator: The stochastic is emerging from oversold zones, hinting at a refreshed cycle of buying interest and potential price expansion on higher time frames.
Fundamental Catalysts:
Velas 2.0 & Ecosystem Expansion:
The upcoming Velas 2.0 upgrade, which aligns closely with the ultra-scalable Solana architecture, has the community buzzing. By combining the speed of Solana’s codebase with Velas’s innovative protocol enhancements, VLX stands positioned to deliver transaction throughput and efficiency that can attract a massive wave of developers and users.
Over 300 projects are reportedly involved with or building on Velas 2.0—this is not mere rumor; it’s a solid testament to the chain’s evolving ecosystem. More projects mean more total value locked (TVL), increased on-chain activity, and ultimately, stronger demand for VLX tokens.
Cross-Chain Capabilities & Real-World Use Cases:
Velas is designed not just as a blockchain, but as a high-performance platform conducive to DeFi, NFTs, and enterprise solutions. This strategic positioning has the potential to capture market share from slower or less developer-friendly networks. As real-world adoption intensifies, the fundamental floor of VLX’s valuation could rise dramatically.
Opportunity on the Horizon:
The stars are aligning for Velas. Technically, the chart pattern resembles those rare early-stage setups that seasoned traders hunt for—those that, when triggered, often deliver triple or quadruple-digit percentage gains. Fundamentally, Velas is putting the pieces in place to compete head-to-head with top-tier smart contract platforms. The upcoming fork and ecosystem expansion are not mere “news events”; they are growth engines that could send shockwaves through the crypto space.
Vision for the Future:
Imagine having identified Ethereum, Solana, or Avalanche in their infancy—before they catapulted early believers into life-changing wealth. Velas is setting itself up to become the next big name in blockchain infrastructure. Those who recognize the undervalued strength of Velas at these levels may find themselves positioned at the very start of something monumental.
VLX is not just another altcoin; it’s a potent contender. With technical indicators lining up and massive fundamental developments on the horizon, Velas has all the makings of a star performer in the coming market cycle. While no investment is risk-free, and due diligence is always essential, the current landscape suggests that those who seize the opportunity now could be writing their own success stories in the years to come. This is the moment where savvy investors separate themselves from the crowd—join the ranks of tomorrow’s crypto millionaires and keep Velas firmly on your radar.
WAG Analysis & Market Outlook: The Millionaire-Making SetupWagyuSwap (WAG) Technical Analysis & Market Outlook: The Millionaire-Making Setup
In today’s high-speed blockchain landscape, standing out isn’t easy—yet WagyuSwap (WAG), the flagship DEX on Velas, is positioned to become the breakout DeFi opportunity savvy investors have been waiting for. With Velas seamlessly implementing a Solana-inspired fork, the network’s rapid scalability, ultra-low fees, and lightning-fast transactions are primed to drive an influx of new users and capital. As a core pillar in this emerging ecosystem, WagyuSwap is set to reap the rewards, and those who act early could be looking at life-changing gains.
Key Technical Signals:
Bottoming Formation & Consolidation:
After a long period of price compression, WAG’s chart structure is signaling that the token may have carved out a significant long-term bottom. Prolonged horizontal price action near its historical support range suggests that supply is drying up and strong hands are accumulating. This kind of consolidation often precedes a powerful upward thrust as soon as catalysts spark renewed interest.
Volume & Liquidity Hints of Incoming Surge:
While volume has been relatively muted in recent months, early signs of rising interest from decentralized finance communities indicate that a surge could be imminent. As Velas begins to capture wider market attention—touted as the next big chain to follow Solana’s explosive trajectory—WagyuSwap’s pools, farms, and exchange services stand ready to absorb a massive inflow of capital. When volume catches fire, WAG’s price could race ahead.
Momentum Oscillators Turning Bullish:
Key indicators like the RSI and Stochastic Oscillator are shifting from oversold to more neutral or bullish territory. This subtle pivot in momentum reflects a market that’s no longer dominated by sellers. As these technical gauges begin flashing green, it often marks the early phase of a larger trend reversal—imagine catching the first wave before it swells into a tsunami.
Rising Social & Fundamental Catalysts:
Beyond the chart, the fundamentals are nothing short of compelling. Velas’ innovative approach—blending EVM compatibility with Solana-like throughput—positions it as the next major blockchain to explode in both developer activity and user adoption. WagyuSwap, as the ecosystem’s primary DEX, will naturally function as the gateway for traders, liquidity providers, and yield farmers flooding into the Velas universe.
Why This Could Be the Millionaire Maker:
Think back to the early days of Uniswap on Ethereum or PancakeSwap on Binance Smart Chain. Both times, early believers saw incredible, parabolic gains as their chosen platforms became household names in crypto. WAG’s positioning on Velas offers a similarly transformative opportunity. With the chain’s technical advantages setting the stage for exponential growth, the DEX at its heart stands to capture the lion’s share of that upside.
As more projects deploy on Velas, more users will need a trusted platform to trade their tokens, earn yield, and manage portfolios. WagyuSwap is that platform. By getting involved now—before the masses realize what’s happening—you’re effectively positioning yourself at ground zero of what could become the next big DeFi powerhouse. And when the network effect takes hold, what starts as a small rumble can grow into a full-blown moonshot, sending WAG’s valuation skyrocketing.
All the ingredients are in place: a cutting-edge blockchain ready to replicate Solana’s explosive success, a DEX perfectly positioned at the center of this network, and technical indicators signaling the calm before the storm. If history has taught us anything, it’s that fortunes are made by those who seize the opportunity before everyone else. WagyuSwap is poised to follow in the footsteps of the great DeFi titans, and you have the chance to be an early participant—potentially riding WAG from its current undervalued state straight into the ranks of future crypto millionaires.
The window of opportunity is open, but it won’t stay that way forever. Take a hard look at WagyuSwap and Velas right now, because the next few months could redefine what it means to be early in crypto’s next breakout ecosystem. This is your moment—don’t let it pass you by.
Any Jasmy fans in the house?Been a long time since I did any sort of analysis on Jasmy. But the devs did their jobs. Bled their wallets right into a long accumulation period and now that most of retail is gone after losing it all, here comes big money to buy it all right back. Classic!
Target on this C&H is 8.4-8.6 cents.
✌️ Stew
SUI TARGETS ALL TIME HIGHS - SUI NETWORK LONG IDEAThe price ran the daily swing liquidity but failed to close below, showing a strong rejection after the liquidity grab. It created a 4H demand zone, and the price tested this zone with another strong rejection. Recently, we broke the bearish trendline, followed by a retest.
I entered the trade at the trendline bounce and am targeting new highs.
SL: $2.97 (Daily close below)
TP: $3.95 (ATH)
NEAR: The Next Coin Poised for a MoveAfter observing the strength in UPCOM:FTM and LSE:TIA , I decided to focus more on some previous coins that showed resilience and were among the early movers, like $SOLANA.
AMEX:NEAR is now in play, as it was one of those coins that experienced positive growth.
I entered the trade close to $4 and will allow it enough space to move. Tomorrow’s events seem to be priced in, with a 25bps cut almost certain and a 50bps still unlikely based on my view of the Fed’s actions.
$MAGICUSDT has broke out of a long consolidation and goes to ATHBINANCE:MAGICUSDT is going to its ATHs very soon. Don't miss out!
The coin has been consolidating for a long time now and finally it is gaining momentum now. As soon as the coin gains interest from the public it will go parabolically up. Don't miss out. The move will happen literally over night. If you don't get on it in time you will miss it.
Finally I have to say that you must assess your risk carefully and make sure you use proper stop loss and protective measures. Good luck guys!
$100,000!! Capital could rotate into the Sol system again.Solana space obviously leading this altcoin market and has been for a while now. The Tron breakout of all time highs does undermine SOL somewhat but not really the Solana space. With Solana space breaking out like it did so aggressively at the end of 2023 was the first rotation of BTC gains.
I think its quite possible that Solana space gets first rotation of these new BTC gains.
LUMIAUSDT LUMIA/USDT is experiencing a notable surge in volume and buyer interest, signaling growing momentum. If this trend continues, Lumia could present a high-potential opportunity for traders and investors.
Keep an eye on this pair—momentum-driven moves often yield exciting results. As always, manage risk and trade wisely!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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WARNING ------This Coin Can 10x MartyBoots here , I have been trading for 17 years and sharing my thoughts on ARKAM here.
ARKAM is looking beautiful , very strong chart for more upside
Very similar to SOL which 15x from this level
Do not miss out on ARKAM as this is a great opportunity
Watch video for more details
LINK | BULLISH ALTS | More Increases IF we see THISLink has recently increased over 160% - and that's an excellent increase in 3 weeks, let's take a moment to appreciate this and not be greedy!
Although it would have been most ideal to see LINK back up at ATH prices, more increases are on the cards BUT FIRST we need to reclaim a major resistance zone.
Here's my overview on Altcoins - specifically Altseason - at the current moment. Find it here :
____________________
BINANCE:LINKUSDT
LINK according to EliotMarket at this moment is showing the perfect story of the Elliot wave wave.. After the outbreak of liquidity on June 13, 2023, the link moved impulsively to its 5 waves.
Now we see that the correction took place at 0.61 Fibonacci, which I see as an ABC correction. The only thing I'd like to see at this point is fill the wick on the daily chart or at least half
Keep in mind that this is a large market cap and it will take time to realize this. The invalidation of this analysis is a return to the $8 range.
Tell me what you think about this analysis and whether you are buying now link?
3 Small Cap Crypto to watch... Part 2Since you enjoyed my previous post about 3 Small Cap Crypto to watch...
Here's another interesting one about small market cap altcoins:
BINANCE:RAREUSDT
RARE broke the structure and $0.15 round number. As it retests the structure, I will be looking for trend-following longs and target the $0.25 round number.
BYBIT:AEVOUSDT
AEVO broke the structure and $0.5 round number. As it retests the structure, I will be looking for trend-following longs and target the $0.18 mark.
KUCOIN:TIAUSDT
TIA broke the structure and $7 round number. As it retests the structure, I will be looking for trend-following longs and target the $15 round number.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
XRP Roadmap!!!(Short-term)I hope you had a good weekend .
According to the news about XRP , I decided to share an analysis of it with you today.
So stay with me.
Ripple is planning to launch RLUSD Stablecoin on December 4th , which increased the price of the XRP( BINANCE:XRPUSDT ) token.
" Ripple is set to release RLUSD, a stablecoin backed by NYDFS approval. This strategic move enhances Ripple's foothold in regulated digital finance and strengthens its position in the stablecoin market, challenging giants like USDC.
RLUSD will provide a stable pairing for XRP amid Ripple’s ongoing legal battles.
Partners like Bitstamp, Moonpay, and Uphold are on board, ensuring compliance with top-tier transparency and security standards. "
Of course, we should be careful with this proverb: " Buy the Rumor, Sell the News ", of course, it depends on the cryptocurrency market conditions on December 4th , if the crypto market is bullish on December 4th , we can expect the continuation of the upward trend of XRP.
Now, let's go to the Technical Analysis of XRP .
XRP is currently moving in a Heavy Resistance zone($2.00-$1.50) and has so far failed to make a new All-Time High(ATH) (on the Binance exchange ).
Also, from the point of view of Classic Technical Analysis , it seems that XRP is moving inside an Ascending Triangle .
According to Elliott wave theory , XRP is completing microwave 4 of microwave 5 of main wave 3 .
I expect XRP to drop( -7% ) to at least the Potential Reversal Zone(PRZ) , Uptrend line , and 100_SMA(4H-TF) after breaking the lower line of the ascending triangle pattern .
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️Note: If XRP can break the Heavy Resistance zone($2.00-$1.50), we can expect more XRP pump.⚠️
⚠️Note: If XRP goes below PRZ and Uptrend line, there is a higher possibility of a decrease.⚠️
⚠️Note: If XRP goes below $1.50, we can expect more dumps.⚠️
XRP Analyze (XRPUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SNEK Soars 632%: A Closer Look at Cardano's Rising Meme StarIn the volatile yet exciting world of cryptocurrencies, $SNEK has emerged as a standout performer on the Cardano blockchain, experiencing an astounding surge of over 632% within just one month. This isn't just another memecoin; $SNEK has carved a unique niche for itself, intertwining community engagement with innovative tokenomics.
What Is $SNEK?
$SNEK positions itself not merely as a digital asset but as a cultural phenomenon within the web3 community. Launched during a bear market, its journey from obscurity to becoming one of the most traded tokens on Cardano exemplifies the power of community and meme culture in the crypto space. Here's what sets $SNEK apart:
Community-Driven Growth: Unlike many cryptocurrencies that rely on utility or technological innovation, $SNEK has thrived on its vibrant community, fostering unity and excitement across the Cardano ecosystem.
Deflationary Mechanics: With an initial supply of 76,715,880,000 tokens, $SNEK introduced multiple burning mechanisms. These actions systematically reduce the circulating supply, theoretically increasing value as scarcity grows, appealing to both holders and speculators.
Fundamental Analysis
Market Presence: Currently, $SNEK holds a market cap of $601,308,462, ranking it well within the top cryptocurrencies by market capitalization. Its ambition to reach a billion-dollar market cap is not just speculative but seems grounded in its rapid growth trajectory.
Exchange Listings: The availability of $SNEK on prominent exchanges like MEXC, Bitget, and BitMart significantly enhances its liquidity and accessibility, crucial factors for trading volume and price stability.
Community and Ecosystem Impact: $SNEK serves as a bridge for new users into the Cardano ecosystem, promoting engagement and potentially increasing transaction volumes on the network, which could benefit other Cardano-based projects.
Technical Analysis
Price Movement: The token has shown a staggering 636.85% increase over the last month, with a recent 5% uptick. This indicates strong buying interest, yet also suggests the need for a potential consolidation or correction to stabilize its price.
Indicators:
RSI (Relative Strength Index): At 68, $SNEK is not yet in overbought territory, suggesting there might be more room for upward movement before a significant correction.
Volume: Increased trading volume aligns with price surges, indicating active market participation and potential for continued interest.
Trend Analysis: The long-term trend for $SNEK has been bullish, but after such a rapid ascent, a period of consolidation could be expected, allowing for a healthy market adjustment.
Challenges and Considerations
Sustainability: While the surge is impressive, sustainability in price growth beyond meme status requires broader utility or integration into real-world applications or DeFi projects.
Market Volatility: Memecoins are particularly susceptible to speculative trading, which can lead to high volatility. Investors should be wary of entering based on hype alone.
Regulatory Risks: As with all cryptocurrencies, regulatory changes could impact memecoins like $SNEK, especially concerning how token burns or other deflationary mechanisms are viewed legally.
Conclusion
$SNEK's meteoric rise on Cardano not only highlights the memecoin market's potential but also underscores Cardano's growing ecosystem. The blend of community engagement, innovative tokenomics, and significant market performance makes $SNEK a compelling case study in modern cryptocurrency dynamics. However, potential investors should consider both the technical indicators suggesting possible consolidation and the fundamental aspects like community strength and market cap aspirations. As with any investment, due diligence and an understanding of market sentiment are key.
3 Altcoins Rejecting the $5 mark!Since you enjoyed my previous post about 3 Small Cap Crypto to watch...
Here's an interesting one about altcoins retesting the $5 round number:
BINANCE:FILUSDT
FIL broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number.
BINANCE:PENDLEUSDT
PENDLE broke the structure and $5 round number. As it retests the support and lower green trendline, I will be looking for trend-following longs and target the upper bound of the channel around $7.
BINANCE:RUNEUSDT
RUNE broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
Phemex Analysis #40: TRX Boom 103% in One Day!The biggest news today is that TRON (TRX) surged 103% over yesterday. This breaks its record for the highest daily gain, shatters its market cap record by reaching a new high of $36 billion, and propels it into the top 10 biggest coins by market cap.
News & Fundamental Analysis
While the exact cause of this surge is unknown, many speculate that Justin Sun's post comparing TRX to XRP may have ignited FOMO (fear of missing out) in investors who missed the XRP rally, leading them to rush into TRX. This post quickly caught the attention of many investors, prompting them to take a deeper look into TRX. Here's what they found:
1. TRX is now the most widely used blockchain network for USDT transactions.
2. TRX's daily transaction volume surpasses 8.96 million, which is 2.6 times larger than XRP's daily transaction volume of 3.39 million.
3. TRX's daily transaction volume has surpassed $50 billion, exceeding VISA's daily volume of $42 billion.
All of this data further fuels the bullish sentiment on TRX, ultimately leading to the historic 103% surge in a single day!
Possible Scenarios
Beyond fundamental analysis, let's explore potential scenarios for TRX through key support and resistance level analysis.
1. Rising Higher:
The price has dropped 18% from its new all-time high (ATH) of $0.45028 and is currently trading at $0.38656. This is a healthy pullback, allowing the price to consolidate before potentially rising further. If the price breaks through $0.43 with high volume, it may continue climbing and establish a new ATH.
2. Continued Retracement:
On the other hand, the price could continue to retrace down to $0.305, $0.27, or even $0.23. This could present a good buying opportunity for investors seeking TRX at a discount. However, it's advisable for investors to employ a Dollar-Cost Averaging (DCA) strategy and set stop-loss orders to manage risk in case of a further price decline.
3. Consolidation:
It's also possible that the price might consolidate for an extended period between $0.4328 and $0.3678. In this case, it's best to be patient and wait for a clearer direction before making any trades. Range trading is not recommended for TRX at this time due to its high volatility, which translates to a lower risk-reward ratio for range traders.
Conclusion
TRX's recent surge has captured the attention of the crypto community. While the future is uncertain, understanding potential scenarios and implementing effective trading strategies can help you navigate this volatile market. Whether you're a long-term investor or a short-term trader, staying informed and adapting to market changes is crucial. Remember, always conduct thorough research before making any investment decisions.
Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
TRON is the leading large altcoin this cycle!!TRX was especially strong this bear market. It was able to steady itself from falling too far. Similar more to Bitcoin then other alts like Solana. TRX fell around 74% in the bear market like BTC. SOL fell more like 94%.
TRX now 150% above old highs and SOL below old highs.
This is not to take anything away from SOL but comparing TRX to the other strongest alt this cycle. I suspect SOL might end up following TRX in a TRX like breakout from its old 2021 highs.
TRX has been able to capture a key part of the crypto market in being a chain for stablecoin transfers and is trying to expand into more typical defi areas.