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Altcoins

Bonfida Going Bullish —Entering Long-Term Growth PhaseNotice the same pattern, the ending diagonal, that is present on the API3USDT trading pair. This means that FIDAUSDT is already ready to grow. The exact same dynamics. A low 3rd-February followed by some sideways. This sideways will lead to a strong bullish breakout which means up, and then more up. This bullish breakout will only signal the start of a major bullish wave and bullish trend. Higher highs and higher lows. —You can choose to get in at support (now) and sell when the first target hits (resistance) and then rush to find a new pair. —You can also choose to buy and hold long-term. This removes complexity and can result in almost zero to no mistakes. The first method requires more experience and a stable mind. The second can be applied by anyone as it requires no knowledge just trust. If you trust what I write, you will proceed to buy and hold. Sell when prices are up. Patience is key. Choosing is only the second step. The first step is to read. Read, read, read. Read everything I share every single day. As you read daily, you will get a feeling of the market, you will understand everything that I am sharing and what you need to do will become obvious. If you have doubts, take your time because opportunities are endless, the market is not going away. Thank you for reading. You are appreciated. Namaste.
Long
by MasterAnanda
API3 Short-Term, High Probability Trade Setup (Easy 120%)Good afternoon my fellow Cryptocurrency trader, how are you doing today? The Altcoins continue to recover from bottom prices. Finding Altcoins trading at the bottom, near support, is always the best. Once a pair is trading near its bottom it can't go any lower, which means that the only scenario left open is for prices to go up. The best we can do is to spot these bottoms and buy early to then hold. As soon as prices start moving, within days, we can end up with a successful trade. API3USDT is showing a clear reversal pattern, the ending diagonal. Today, a bullish breakout is happening with really high volume. This is the highest volume daily in a year, since January 2024. This means that prices are about to go up. Long-term, potential for growth is huge but here we are focusing on the short-term. There are all types of traders and trading systems. Some people are happy with patience, risk free, low stress and high profits, while others want to make money within hours or days. The market has something for everybody. The high volume indicates that the move is real. The fact that the low came on the 3rd of February is also a give-away signal. This is when the entire market produced a major flush. This flush cements the bottom low, after this low we get some sideways and then up. Remember, prices can go much higher, but this is a good setup to double-up. I am wishing you good profits and good luck. Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
3
Nexera Foundation: 1000% Growth Potential (1, 2 = Ultra-Boom!!!)Either the charts are marking it super easy or the market is making it easy. They are leaving no room for any doubts. It is just to obvious what is about to happen, so obvious isn't it? This is the chart for Nexera Foundation (NXRAUSDT). A repeating pattern is present now. The pattern consist in two lows followed by a major bullish phase. The last time it happened was in 2023. NXRAUSDT produced a low first and immediately there was a small bounce. Prices moved higher. Another low came in in the exact same range and then a major bull-market. This time around the first low happened in late 2024. Immediately, after the first low, there was some bullish action but small. Then another low came ending in the exact same range where the first low found support. This produced a double-bottom pattern. Now that the second low is in, we know what comes next, we know what to expect. Next comes a major bull-market, the biggest ever bullish wave. Are you ready for growth? Prepare, because nothing can stop what is about to happen. In fact, everything will be supporting this period of massive growth. The truth is that people love Cryptocurrencies just as they love the Internet and their smart phones. There is nothing wrong with Crypto, technology, phones or the Internet. The truth is that our lives are better thanks to the Internet, we can communicate more easily now, we can study and learn, and there is lots of entertainment. The truth is that our lives are better thanks to Crypto, we can exchange value more easily now. We can make transactions fast, at a low prices and without middleman. Everybody loves Crypto and the Altcoins are about to blow-up. This is just one chart, there are thousands like this one, ready to grow. Buy and hold. Namaste.
Long
by MasterAnanda
1
Launchpool Token: Volume Signal, The Bottom Is In! (3242% Pot.)The volume gives it away. We have the exact same signal and pattern as it happened back in 2022. Back in 2022, LPOOLUSDT (Launchpool) in December produced a very strong, high volume weekly session. After this session, there was a lower low. After this lower low, a new bullish cycle started. Now, some people say that the Altcoins market is not doing good, etc. But this isn't true, notice how even without a bull-market a pair can grow 2,000%. There are literally thousands of pairs that produced similar action and this happened not in a bull-market year. 2023 was the recovery year and 2024 pre-bull-market. Which means that the potential for growth this year can be many times higher. What market offers 2,000% to 4,000% opportunities over and over, again and again even without a marketwide bull-market? No market. It will take Bitcoin 8 months to grow 100%. I've been seeing some Altcoins growing 100% in a single day. Think about it. Now. The same dynamic is repeating. Launchpool produced a very strong high volume session in November 2024. There was a lower low after this session. What follows is a very strong bull-market. Super high growth. Can go higher than what is shown on the chart. The low hit this week isn't necessarily the bottom, it can go lower but this is of no concern to us. If prices go lower, we simply hold, patiently, and wait for the bullish wave that is sure to come to develop. Once the bullish wave is in, we can sell and enjoy massive profits. Simple isn't it? It is. —Affirmation for succes Read this aloud. ___ We win. I can win. I am winner. I am open to success. I take the time to make my decisions because I know that taking time to act creates a good habit and good habits pay. I never rush. Rushing has never done anything positive for me. In fact, each time I rush and buy on an impulse I end up on the wrong side of the market so I rush no more. I admit I've made mistakes in the past and that's ok. I love the fact that I grow, gain experience and learn from these mistakes. While I accept my mistakes, I will not repeat them again. This time I am doing it right, I can do this. I deserve the best. ___ Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
Glacier Network: Trading Basics, Manual Stop-Loss & My Strategy This is what I mean by low risk. For example, the last low for GLSUSDT happened at 0.00268 and the current price sits around 0.00390. If we consider the last low as a stop-loss point using the monthly timeframe, it would give us a maximum of 30% risk. This is how we do it: If GLSUSDT moves and closes monthly below 0.00268, we can stop a trade. This is a stop-loss based on the long-term. It is a manual stop-loss as we don't put an actual order and commit ourselves to losing money. It can happen that prices wick below or move lower just to recover in a matter of hours or days. In fact, when the market hits bottom we only buy and hold. Using a stop-loss is not recommended at all. The stop-loss is a sure way to lose money if you are a beginner. It is better to buy and hold focusing on the long-term. Ok. So the risk is already pre-defined. In the worst case scenario, you lose 30% and you know this beforehand. No surprises there. Now, let's consider the upside. Easy target 400%, wow! That's more than 10 times the risk. So we have a great risk-reward ratio. Let's consider a higher target. 0.04685 for 1,101%. This would a long-term target but can also happen mid-term, say, within 2-3 months. Now, if you use an advanced diversification strategy and choose many pairs like this one, pairs with high potential for growth vs very low risk, in the long-term, you are sure to win. That's my strategy. Easy, isn't it? It is. And we win. We are winners now and we win always and long-term. We don't win them all but we win most of them. The goal is to have a sound plan, a winning strategy, and follow it until the end. You can adapt the system to your own liking, but this is stress free trading. ... ... ... Wait... Let's consider a new All-Time High, a shy one. This gives us 1,801% total potential for growth. Compared with a 30% risk, I am ready to hold long-term. Thank you for reading. Namaste.
Long
by MasterAnanda
2
ALT SEASON IS COMINGWouldn't this be the perfect outcome? something many aren't seeing anymore at this point. One thing i've been noticing is that social behavior is massively changing and people are litteraly stcuk in the trenches and hating on each other for being bullish or bearish which is basically the type of behavior like what we had in 2020 during COVID. I overall remain bullish and don't see any reason why i shouldn't be. All the fundamentals are in our favor and AUM's are filing for ETF for alts left and right which means a requests to inject BILLIONS in capital into them. Time will tell of course but i overall remain bullish untill proven different. CRYPTO IS UNDER. VALUED.
CRYPTOCAP:TOTAL2Long
by ammardeey
Cere Network: 3689% Potential & Visualization StrategyNow we can focus on TA (Technical Analysis). Cere Network (CEREUSDT) produced two drops recently. One is a long drop numbered as #1 on the chart. The second one is a short drop numbered as #2 on the chart. Both drops recover at the same low. Bottom low confirmed. The second drop is much smaller than the first one and recovers at the same level. This means that the bears lost their force, lost their momentum and when this happens the market turns. We are gearing for a reversal, a change of trend. Since November 2024, CEREUSDT produced red candles only, and this is the weekly timeframe. A major decline. Again, this type of market action is sure to exhaust the sellers and the sellers are exhausted which supports our thesis of an upcoming change of trend. This week is full green with the session trading near the candles high. The week closes tomorrow. Such a strong close can signal the start of the next bullish impulse and higher highs and higher lows. This means that we are likely looking at bottom prices. Once we hit bottom, there is no other place to go but up. Upwards. Higher and higher. Higher and higher. Forever growth. Life is a play of different energies which we call consciousness and perceive as the world. Anything you can visualize in your mind, in your hands you can hold. Visualize a ton of money. Visualize yourself being prosperous and successful and in turn this visualization will lead to positive trading results. Everything will change for the better. Start with a positive intention followed by positive thoughts. Then take positive action. Persist in taking action. Perseverance coupled with consistency, until you reach your goals. Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
Gamium: Do We Need More Proof? (+250% In 1 Day)This is a different type of publication. I am not doing TA but using Gamium (GMMUSDT) as an example of what is coming to the Cryptocurrency market, specially the Altcoins. Here we can see a 250%+ candle today. This candle just deleted six months of sideways and a bearish support breakdown. If you held this pair for six months and suddenly went into the red when support failed, all the loss would be recovered within the past 24 hours. Amazing. Patience is key. Why is this happening now and what does it mean? This is happening now because we are entering a major bull-market. The biggest wave since 2021, minimum, and potentially the biggest bull-market in the history of Cryptocurrency and the whole world. The biggest bull-market in the history of digital finance. The biggest bull-market since the invention of the Internet. GMMUSDT: Highest volume ever; bullish breakout confirmed; the bottom is in; change of trend; higher highs and higher lows next long-term. This is the current situation. Basics: —The Altcoins trading at bottom prices will move first and breakout strongly. —The Altcoins trading high, those that grew nicely in late 2024, can produce consolidation before the next bullish impulse. There are many pairs in-between these two. This is just a generalization. This chart here proves what I've been saying lately: The Cryptocurrency market is preparing for massive growth. We are only 8 days away from a major marketwide advance. This advance will only be the start. It will take months and months of green, up and bullish action before the positive sentiment loses its force. We are set for something amazing. This is an early reminder. This is a friendly reminder. You deserve the best. Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
1
WATCoin: The Chart Says 2,097% Potential Within The Next PhaseThis is a gaming platform? Looks like it. Everything gaming is great. Games are an ever expanding industry and I love the take Cryptocurrency has on games. Play and get paid. The chart is interesting. I see potential for it to grow. Would you mind reviewing it together with me? Your time, energy and attention is highly appreciated. We can grow together. We can beat the market. We can be successful in this game. There is nothing that says that we cannot win or that we must lose in some way. Nothing restricts anybody from achieving their goals. All is possible for you who want to succeed and grow. All is possible for me if I truly want to win. Focus myself on the right action. Take care of what needs to be taken care of. Learn, study, focus. Take action. The market will produce the desired results. Insist until you achieve your goals. Never give up. WATCoin bottomed some 20 days ago, 20-January-2025, and it has been producing higher lows. I see good things for you and for this market. I see great happenings for those that are involved now. For those persistent, patient and dedicated souls. Trading is not an easy game. But trading can yield fortunes if approached in the right way. Trading volume lately is low but the highest ever happened after the 20-January bottom, on 26-Jan. This day, session and signal reveals that a whale entered the market. The whales enter to cement a bottom or right after a bottom is in. All is good and ready now. There can always be price swings to either side and strong shakeouts. You can avoid being shaken out of your position by not using a stop-loss. A stop-loss is a sure way to lose money. Instead of committing yourself to sell at a lower price, make sure to set a sell order at a very high price. That's more like it. You buy low and sell high. Never buy low to sell lower, that's a waste of time and money. If prices move lower, what then? Simply hold. If prices move lower, what to do? Buy more, buy again. After buying we wait. We wait patiently and happy because we know growth is going to happen. We don't know if it will happen tomorrow, in a week or in 30 days, but it will happen, that's all we know. So patience is key. You can also define a certain risk level, say 20%. If you don't like it, you can quit but that's not like me. Never quit. Never give up. Buy lots, accumulate and hold. When the boom-boom bull-market starts, you will be happy with the results. Thanks a lot for reading. Trading can change your life if it is approached in the right way. Just some training and some experience and you can be a winner long-term. It is possible. Remove leverage. Buy spot and wait. This way you can remove the risk of being liquidated. Leverage trading is for experts only. Instead of gambling, go for a sure win. Namaste.
Long
by MasterAnanda
1
Litecoin Easy Above $200, $300 & $400 Mid-2025 —The New BullLast week Litecoin produced a very strong bullish signal in the form of a hammer candlestick pattern. This signal is quite revealing. The long lower wick of the candle reached below the 16-Dec. 2024 low and yet closed much higher. This close happened above the 1-April 2024 session open and close. Revealing that a market flush was successfully completed. The action this week is even more revealing and works as confirmation. A very strong bullish candle, full green, trading higher on the session body than all previous weeks since the last peak in early December. The most revealing signal as well as supportive of a new bullish wave developing now, is the high volume. This week is producing the highest volume ever on this exchange. Currently, LTCUSDT sits at $131. I can see easily prices above $200, $300 and even $400 but this wouldn't be equal to the All-Time High. The end price for this bullish cycle can end much higher. Try searching for LTCUSDT in my profile for additional information on this part, or wait for a new publication where the focus will be the 2025 All-Time High. A session close this week above $121, tomorrow, confirms a very strong reversal of the recent correction dynamics as well as the resumption of the bullish trend. The latest bullish trend started with the low in early August 2025. It seems Litecoin will be one of the known projects to move early and with force in this cycle. Maybe a good option to add to a highly diversified portfolio. This pair can also hold big capital and has stability. It has been proven trustworthy based on its longevity. A point that can be relevant to whale holders, investors and traders. The low is in. The correction is over. Right now it is the time for sustained growth. The anticipation is amazing. We are ready. We are ready. How good can it get? How high can the market really grow? Are we seeing the start of a break of a major pattern? The four years cycle. Will Crypto enter its first ever 10 years long bull-market? It is too early to say. I can say for sure that 2025 will bring us tons of growth, tons of innovation, lots of improvements, a change in the fundamentals and regulations that rule the market. Cryptocurrency is now legal. Cryptocurrency is here to stay. Thanks a lot for your continued support. Remember, you will always deserve the best. Namaste.
Long
by MasterAnanda
3
AI Rig Complex: Hidden Gem Or Big Project? 3,000% Target Mapped Here is another "hidden gem" that just caught my attention. The interesting part is the fact that it grew by an astonishing 40,440% between late 2023 and early 2024. Even if we remove the first day of trading which tends to be highly volatile, we get a massive 5,597% growth wave in the pre-bull-market year. Much of this growth has been corrected after an entire year of bearish action and the doors are open for a new bullish phase. I am seeing some 2500 to 3000% potential, which can be translated into 25-30X. That's what I mean by huge potential for growth. Would you like to see more hidden gems or would you prefer for me to visit the bigger projects and their trading pairs? So you are happy, I will do both. Your support is highly appreciated. The last bearish wave was a decisive one. ARCUSDT went down fast and strong, a steep decline. The market will balance this out with a huge and prolonged rise. The faster the crash, the deeper a pair goes, the stronger the bullish wave that follows. AI Rig Complex is getting ready for massive growth. This is a hidden gem now but not for too long. This one is likely to become part of the big projects in the coming months. The Altcoins market is about to blow up. Make sure to be in, to be present and focused. Make sure to make the most of this opportunity because once it is over, it is gone for a long time. We are early this time around and experience is in our side. Everything is converging to give us the opportunity to achieve financial freedom and success. Are you going to take this opportunity and make the most of it? Are you going to let it fade away? Let's take it. You have my support. Thank you! Your support is appreciated. Namaste.
Long
by MasterAnanda
1
Electroneum: Hidden Gem With 2,350% Growth PotentialI am now seeing some really interesting pairs. Hidden gems, with huge growth potential. Look at this one, Electroneum, ETNUSDT, it has more than 2300% potential for growth in the coming months. It did something similar in 2021 and this is just one of those. This will turn into one unstoppable massive ride. ETNUSDT bottomed in June 2022 and has been sideways since. Consolidation and accumulation before massive growth. That's 2.5 years of bottom prices. From the bottom we grow. There are no short-term targets on this chart and this ok because it would be very unwise to sell early on a bull-market and a hidden gem. This is like a leveraged trade but without the liquidation risk. ETNUSDT peaked in March 2021, part of the early group, and this led to a massive correction in the form of a 3-3-5. First we have a bullish impulse as a strong 5 up-waves move. This happened between March 2020 and March 2021. This was followed by the correction just mentioned. Keeping up with the Elliott Wave thinking, after a major correction a new bullish impulse, bull-market, in this case in the form of 5 up-waves, develops. Something similar to 2020-2021. The action starts now, 2025. Late February or early March 2025. And it will grow. We will see higher highs and higher lows. This is easy to predict. Mark my words. Patience is key. Buy and hold. Your support is appreciated. If you enjoy the content, you can show your support by hitting follow, nothing more. If you want to show additional support you can always leave a comment and/or boost this publication. It is my pleasure to write for you again now today and tomorrow. Namaste.
Long
by MasterAnanda
Bitcoin Cash: Back To 2023 Baseline Levels & $4222 New 2025 ATH Good morning my fellow Cryptocurrency trader, let's start with the fun part. Bitcoin Cash's new 2025 All-Time High potential sits at $2,594 or $4,142. Which one ends up being the final target will be decided by you as a market participant. It all depends on how strong buyers are, how much confidence participants hold for the market, for how long can they hold when the bull-run starts. Actually, it will be decided by the whales but the fifth wave of the bull-market tends to be the speculative wave, everything goes crazy at that time and the potential becomes unlimited for as long as the mania phase remains. Let's aim high because Bitcoin Cash always tends to surprise. It is likely that some strong, positive news event will develop and this will in turn support Bitcoin Cash's price. Some major institution or organization buying BCH or deciding to accept as a payment method. There will be lots of this throughout 2025. Those buying now, accumulating now and holding long-term, will reap the rewards. You will be blessed with massive profits if you decide to join the fun. Cryptocurrency is bullish. The Altcoins are about to blow up in a way you have not seen before. If you entered the market after 2021, you are about to have the biggest surprise of your life. A positive surprise. If you are a Cryptocurrency holder since early 2021 or before, you already know the feeling and how Crypto produces exponential growth. Final results can end up being 10X, 20X, even 30X or more. Many of the smaller and newer projects will grow 50X and beyond. 100X is also possible but we are happy with buying low. Greed can be detrimental to your health and success. So we focus on the win, the great entry price and entry timing. We let the market take care of the rest. We focus on a plan; develop a plan and just do our thing. Step by step, focused. If we approach the market with the right mindset now, we will do good once bullish momentum grows. You reap what you sow. If you plant profits filled, patience, abundance and healthy seeds, you will get fruits in the form of happiness, success, big money and personal growth. We are ready to win. Thanks a lot for your continued support. Bitcoin Cash activated its 2023 baseline level. This is a price range where BCHUSDT produced a consolidation phase before a strong bullish advance. This level has been activated again as a higher low. Both signals are bullish. The re-activation indicates a new accumulation period and the higher low indicates long-term strength. We are going high. Very high. I am not staying out nor staying behind. All my money is Crypto, what about you? What about yours? All my money is in —All-in. 2025 is the year of Cryptocurrency. Soon, we will know about this decision based on the results. No leverage —or low leverage— results in very low risk. Basically no risk as you hold the actual coins. Holding the coins preceding a bull-market, can be smatter than using margin. If you have experience, by all means, go ahead. Regardless if you are a beginner or advance, you need a growing spot portfolio. This portfolio is like a savings account, it needs to receive money all of the time from your weekly and monthly pay. You feed your portfolio now, in the short-term, and the market will pay you forever. Thank you for reading. Cryptocurrency is here to stay and is here for the long-term. Cryptocurrency is the evolution of money. Communication evolved. Food evolved. Travel evolved. Housing evolved. All areas of our lives are evolving and continue to evolve. It is only logical and natural to see Bitcoin as the default currency of a digital world. Everything is done on a device now, we are used and enjoy our smart phones. Crypto is a technology based money and is here to change the world. For the better. Namaste.
Long
by MasterAnanda
2
OM/USDT Surges After Breakout: Next Stop $5?OM/USDT is showing strong bullish momentum after breaking out from the descending trendline, indicated by the red line. The price has recently made a sharp upward move and is currently trading above the support trendline, which suggests that the uptrend could continue. The price consolidated within the grey zone for a while, and after breaking above this, it surged higher, pointing to strong buying interest. The recent breakout indicates that we could see further upward movement toward the next resistance levels. The next potential target for OM/USDT is around the $5.00 level, with support from the trendline and previous breakout zones providing a solid base for the rally.
Long
by unichartz
2
Arweave | Easy & Simple ~300% Bullish WaveThis chart setup, I can call it easy and simple but should also add the word fast. Somehow, I am getting the feeling that this pair can move fast. A strong and prolonged down-wave tends to be followed by a strong bullish wave. Notice the bearish impulse as in 1,2,3,4,5 based on the Elliott Wave principle. You can clearly count five main waves within this long correction phase when it comes to the ARBTC trading pair. This chart setup opens the possibility for a surprise bullish jump. The setup has low risk because it is trading very close to the last low. The potential is very higher, a good risk reward ratio. This is an easy chart. — General Market Talk The Altcoins market is heating up now and many pairs are starting to look great. A pair that looks great is not one that is growing strong or one that produced a strong bullish breakout with 50-60% growth today, but rather a pair that is trading near support and ready to grow. That's the meaning of great. A strong bullish breakout is awesome, can be good, but only if we already bought. If the action starts and yet we have not buy then there is nothing good about seeing prices going up. It is great when we are in and our capital grows. Many of the Altcoins now are looking great because they are yet to grow. It is ultra-wise to get in early; buy and hold. I've been looking at hundreds of charts and the bullish bias is fully confirmed. I mentioned this a while back while tracking Bitcoin, I know that you can easily agree with me. Knowing this, how to proceed? Let's see how Arweave performs next. I will continue to share unique content and great charts; great timing. You can continue to be awesome. Thank you for reading. Your support is appreciated. Namaste.
Long
by MasterAnanda
Bitcoin Dominance (BTC.D) – Current Market OverviewRecent Trend: Bitcoin Dominance (BTC.D) has been in a steady uptrend for the past two years, reflecting Bitcoin’s outperformance relative to altcoins. The rise in BTC.D indicates that Bitcoin has been capturing a larger share of the overall cryptocurrency market compared to altcoins. Bearish Divergence: The weekly chart now shows a bearish divergence, as the Relative Strength Index (RSI) has failed to confirm the recent upside move. This signals that the buying momentum behind BTC.D is weakening, even though the price has been pushing higher. A divergence of this nature can often suggest a reversal or slowdown in the current trend. Resistance Levels: There is significant overhead resistance between the 66% and 73% levels, which were last tested during the 2021 bull run. During that time, BTC.D faced rejection in this range, leading to a shift of capital into altcoins. A rejection at this resistance could lead to a shift in market dynamics, with altcoins seeing increased demand and potentially entering a rally. Potential Catalysts for an Altcoin Rally: If BTC.D faces rejection at these key resistance levels, it could signal the start of an altcoin rally, as market capital may flow out of Bitcoin and into altcoins. Traders will closely monitor this resistance zone as a potential catalyst for a shift in market sentiment. Outlook: The bearish divergence on the RSI and the presence of strong resistance between 66% and 73% suggests that Bitcoin dominance might be at a turning point. A rejection in this zone would open up the possibility for altcoins to outperform Bitcoin in the near term. Conclusion: Bitcoin dominance remains in an uptrend, but the bearish divergence and resistance between 66% and 73% on the BTC.D chart suggest that altcoins could gain momentum if BTC.D faces rejection at this level. Traders should closely monitor this zone, as a reversal in Bitcoin’s dominance could signal the start of a broader altcoin market rally.
CRYPTOCAP:BTC.D
by Richtv_official
1
Solana Faces Pressure as Pump.fun Offloads $28M SOLThe cryptocurrency market has recently witnessed a notable shift as Pump.fun, Solana’s memecoin launchpad, executed a massive sell-off of 148,759 SOL, worth approximately $28.22 million, to Kraken. This move has triggered speculations regarding Solana’s potential downtrend, raising concerns among investors and traders. Market Reaction to the Sell-Off Despite the global crypto market reaching an impressive $3.16 trillion, Solana is facing notable resistance. The recent sell-off by Pump.fun has heightened fears of a continued bearish trend. To date, the launchpad has transferred a staggering 2,280,377 SOL, valued at approximately $462 million, to Kraken. While 264,373 SOL has already been sold for 41.64 million USDC, Pump.fun still holds 16,877 SOL, indicating the possibility of further market activity. Additionally, Solana’s decline comes as Binance Coin (BNB) surpasses it in market capitalization, now standing at $96.15 billion compared to Solana’s $93.16 billion. Market sentiment is shifting as Solana’s 24-hour trading volume has decreased by 11.51%, now at $3.39 billion. Technical Analysis At the time of writing, Solana is trading at $191.17, experiencing a minor 0.20% increase in the last 24 hours. However, the broader trend presents a concerning outlook. Key Technical Indicators: - Break of Structure (BOS) Nearing $180: Currently, Solana is hovering around the BOS level. A confirmed breakdown below $180 could trigger a severe selling spree, pushing SOL toward deeper support zones. - Fibonacci Retracement Analysis: A breakout above the 38.2% Fibonacci retracement level could invalidate the bearish sentiment and spark a bullish rally. If Solana reclaims this level, it could set sights on the $400-$500 range in the long term. Conclusion Solana is at a critical juncture, with its price movement hanging in the balance between bearish pressure and potential recovery. The recent Pump.fun sell-off has introduced uncertainty, but key technical levels and broader market sentiment will dictate the next move. A break below $180 could trigger a major decline, while a decisive move above the 38.2% Fibonacci level could renew bullish momentum. Traders should stay alert and adapt their strategies accordingly in this volatile environment.
Long
by DEXWireNews
Taraxa: 374% Is The Easy Target; Can Go HigherWe have two dynamics mainly playing out across the Cryptocurrency market. We have those big projects trading high and consolidating (sideways action). These are the pairs that produced strong growth in late 2024. Then we have those projects that are breaking out really strong. Really, really strong. These are the pairs that are trading at bottom prices or near support. The pairs that are still high up are likely to continue sideways. The pairs that are down are likely to catch up; break-up and grow very fast in a matter of weeks or days. Taraxa (TARAUSDT) is one of the pairs that went through a full correction and is now strongly bullish. After testing support, blue line on this chart, it can be seen moving up. This move up is only the initial breakout before massive growth. This massive growth is a long-term process. We will see higher highs and higher lows for many months. Can be 4 months, 6 months or 8 months or longer. Until late this year. There is just no limit to how far these pairs can grow, but an easy target on this one can produce 374% or more. The details are on the chart. Blessings.
Long
by MasterAnanda
1