RNDR TARGET PRICE ( ROUNDING BOTTOM PATTERN)I am Hodling RNDR which is NVDA of cryptocurrency for me. Until the target price, I am not selling a penny because we are at the beggining of altcoin bull run. There is this rounding bottom pattern already retested that shows we are now in the way of going to the target price for RNDR.
Altcoinseason
#TOTAL1 is testing the resistance zoneTotal #crypto including #btc #eth #sol #bnb #xrp #doge and all other #altcoins market cap is now testing the daily ichimoku cloud resistance zone. Daily stoch RSI is exhausted a bit. Declination or breakout will give great results while the direction will be determined.
Long SolanaTraders,
As you know, I have restarted my signals subscription. My followers and I have done very well since the restart. But I don't want to forget about all of my TV followers. So, from time to time I do not mind throwing out a freebie.
Here's my case for going long Solana here to $300.
#1 - As indicated in the weekend video update, there are multiple indications that our pullback in the U.S. stock market is over for now. Blow-off top to continue.
#2 - Bitcoin will not be held down.
And as it pertains to our Solana chart:
#3 - Solana has hit .618 fib fan retracement
#4 - Double bottom held.
#5 - Back above the 100 day SMA
#6 - RSI downtrend broke
#7 - Green RSI support held
#8 - Hidden Bullish Divergence on RSI
#9 - Awesome Oscillator on the rise!
My target will be 2x the current price (so, $300) for a rrr of 3.25.
This will be a longer-term swing. It may take a month. It may take the rest of the summer. Unknown.
#altcoins' dominance matters!#others chart (#altcoin market cap excluding top 10 #alt) is showing severe weakness. Even more low cap and mid cap altcoin price correction continuation to minor altcoins seem necessary in a few months. Not financial advice.
Toncoin Price Surges Amid Technological AdvancementsToncoin ( CRYPTOCAP:TON ), a cryptocurrency with over 700,000 subscribers, has seen a significant price increase in the past year due to technological advancements and major investments. Pantera Capital's $250M investment in Toncoin ( CRYPTOCAP:TON ) is their largest to date, indicating strong confidence in its future. Additionally, Captain Altcoin reported a $700,000 airdrop for gaming token and NFT traders within the TON ecosystem.
Toncoin ( CRYPTOCAP:TON ) benefits from its association with Telegram's infrastructure, which enables a decentralized internet and enhances crypto communications. The strategic use of Telegram APIs strengthens its utility and market position. Trading analysis by 99 Bitcoins indicates that Toncoin hit a value of $6.40, catalyzed by institutional investments. It currently exhibits a symmetrical triangle pattern in its trading charts, suggesting possible future price movements with established support levels at $4.50 and $4.70 and resistance at $7.11.
Petar, a crypto expert and Chief Business Officer at Captain Altcoin, suggests an optimistic surge past or to the $10 level, surpassing its all-time high of $7.65 achieved a month ago. However, Toncoin's rapid ascent has led to its classification as overbought in weekly RSI indicators, suggesting potential volatility ahead.
Long-term prospects and strategic considerations suggest that Toncoin could potentially reach a market cap of $100 billion, placing it among the top ten cryptocurrencies. The absence of Toncoin ( CRYPTOCAP:TON ) from major exchanges like Coinbase and Binance represents a notable gap that could further elevate its market standing and investor interest.
In conclusion, Toncoin's trajectory in the crypto market is marked by investment interest and promising technological integration. With strategic market positions and investor enthusiasm, it appears set for further growth, though market indicators advise caution due to potential volatility.
APE UTAD to $2.50Ape is approaching the top of this range again - it still hasn't quite reached the 1.618 from waves 1 + 3. As most Elliott Wave enthusiasts will tell you, you can normally find the wave 5 target by pulling fib extensions on wave 1+3. This has been the case for many of the other alts as well, as they all approach major macro wave 5 targets. Look for APE to take out the current highs into that 1.618 to form the UTAD here
EOS Weekly Re-DistributionThis is the EOS weekly chart, side by side with a re-distribution schematic. If you zoom out you'll also notice that I highlighted the 5 wave impulsive structure to the downside that we had during the bear market, and how this ABC correction took out the wave 4 highs, exactly how it's supposed to before a continuation would begin. The monthly indicators all look extremely bearish as well, on most of the altcoins actually.
I would recommend pulling your capital and saving it to buy lower prices, as I do believe that's where we are headed.
Correction for alts is probably overFor the past two months, CRYPTOCAP:TOTAL3 has been undergoing a correction. This correction was anticipated for many altcoins and, importantly, is very healthy for the market.
Upon closer analysis of the chart, it becomes evident that this correction does not signify a trend reversal.
Total3 halted its descent around the 600T zone, which does not represent very robust support.
I anticipate a fresh upward movement from many altcoins, potentially propelling Total3 to reach the 850T mark.
OP(Optimism) price action analysisSimilar scenario that the market has experienced
Example 1
💰DOT (spring-summer 2021)
Accumulation ➡️ Distribution ➡️ 67% dump ➡️ 360% pump
💰OP (spring-summer 2024)
Accumulation ➡️Distribution ➡️64% dump ➡️ projecting DOT scenario to OP
Here we saw 3 waves of decline and the last one was the most painful and fearful for the crowd. After that we had great pump
This scenario can be applied to many altcoins, not just OP.
STRATOS BIG RISK BIG GAIN PART 2 Who wants to trade, Stratos currently has a triple divergence at 4h both by momentum and RSI.
As far as investment goes, I think this is a great price for DCA. One more buy 0,6600 if it comes.
Remember to enter as much as you are willing to lose, this is a small MC and carries some risk
TRIAS zones for long and DCA interesting zone for DCA, indicators that match: the highest volume in that zone, it was also the highest volume from the May 3 range. 2021 until May 3, 2022. Right below us is the 200dma plus 0.618 Fibonacci of this entire movement.
Until that happens, who want to trade: check weekly level of $11 and 0.5 Fibonacci is $8.2.
Thanks for support.
EGLD - WEEKLY , BOTTOM HERE?EGLD - WEEKLY , BOTTOM HERE?
This chart is on log chart view so, bassically, now we are still in an upptrend , and the bullmarket for it will came after the 79$ break.
SOL - Similar Re-Accumulation Last CycleLast cycle we had a re-accumulation that looked just like this, and it was from the exact same levels. Scroll left and go take a look. I pulled the fractal and overlaid it for comparison. This is how I'm expecting it to happen. It's also worth noting that BTC and ETH also have a re-accumulation that matches up with last cycle's fractal. This big dump was the spring and now we have hidden bullish divergences on the daily across all of the altcoins
KASPA Before you LONG, read this.This is one of the coins that I talk to my members for a long setup, but.. People are simply used to this coin that the price goes up non-stop, with certain corrections.
But the same pattern emerged before this impulse(Nov-DEC. 2023).
Wait for the zone to confirm it, because if we look at the chart we will see the first testing of the distribution on March 7 and then again. Then on March 15th there is a price break of 0.14 and a retest twice and a rejection? Wait for it to leak, do not engage in manipulations.. When the structure shows the first signs, a HIGH top, then a small correction that holds the price, we can entry.
The chart shows the zones I am looking at.
All this is valid only if 0.13 drops.
TOTAL2 update; ends sooner than you thinkTOTAL2 update; ends sooner than you think
now some months have passed we can see reasonably clearly where we are at since the last analysis right at the start of the macro move up.
obviously black swan etc can ruin this or it just does it differently this time. prob not though tbh and if there is a black swan id bet its around those dates. the events tend to fit the chart for some odd reason not the other way around.
leaning towards the early version. im seeing mid april on a lot of other fractals. basically double tops or just slightly higher last highs then splat.
or it just keeps marching up and up and we all get raris and citadels.
im good with either.
lfg
gl
🐶Floki Inu(FLOKI)🐶 is Ready to Fall Again✅ Floki Inu(FLOKI) fell more than ➖30% , as I expected in the previous post .
📈The Floki Inu(FLOKI) has started to rise again but I expect the Floki Inu(FLOKI) to continue falling again.
🏃♂️Floki has already succeeded in breaking the uptrend line .
🔔I expect Floki Inu(FLOKI) to at least fall into the 🟢 Support zone 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BAL to $30 Looks like a great entry for the Balancer coin. One of the Top DEX different EVM chains with over a billion dollar in TVL. Having fantastic tokenomics and continuous revenue throughout the bear market as well.
Definitely one of the low cap coin to keep in the bag.
POL / MATIC to $9+?Looks like a great entry get into Polygon before they release the Agglayer.
Polygon Agglayer can connect any chains, enabling unified liquidity and seamless transactions through zero-knowledge proofs.
So bullish on the Polygon team and the on-chain statistics with so many active users and so many new chains adding Polygon CDK.
There is great possibility of Polygon reaching to $9 per coin. Which will a valuation of around $90 Billion. Last bull run top layer ones somewhere around that. And now at this bull run we have more Tec and more active users. Seems like an real adoption cycle.
NKN LongNKN incentivizes users to share internet bandwidth on a decentralized peer-to-peer network.
AI + IOT requires Bandwidth. Am I correct?
NKN is just above the two year long channel.
Who is not BoooLISH on this one?
Cardano Tumbles 10% Friday As Grayscale Dumps Its HoldingsCardano ( CRYPTOCAP:ADA ), a cryptocurrency, experienced a 10% decline in value over the week. This was due to Grayscale Fund's announcement that it would be removing the token from its portfolio. The decision has raised concerns among analysts that Cardano ( CRYPTOCAP:ADA ) may face further price consolidation or a drop in value.
Grayscale Digital Large Cap Fund manages $579 million in assets and previously had 1.62% of its portfolio, worth $9.4 million, invested in Cardano ( CRYPTOCAP:ADA ). However, the fund liquidated all of its CRYPTOCAP:ADA holdings and invested in Avalanche instead.
Cardano ( CRYPTOCAP:ADA ) may face a price consolidation or an impending drop following a lull in activity. Despite a 12% price drop, 48% of Cardano ( CRYPTOCAP:ADA ) holders remain profitable, while 49% are currently out of profit. The token has a Relative Strength Index (RSI) of 40.19 indicating a weak buying momentum.
Essential Cardano's weekly development report highlights a significant milestone for the project, having completed 88.6 million transactions. The report also mentions 164 launched projects, 1,353 projects under development, and over 9.86 million native tokens.
RPL back to Demand ZoneRocket Pool is one of the largest Eth liquid staking platform. Billion in total value locked, but market cap still below 1 billion.
Currently back to the weekly support and the demand zone. If we see the volume we can see huge accumulation of RPL at this zone.
We can get a good risk to reward entry at this levels. It will be very interesting to see when it breaks the current accumulation zone towards upside.
Ripple Labs' Set to Launch a Stablecoin Pegged to the US DollarRipple Labs Inc., an American blockchain payments firm, has recently announced its intention to launch a stablecoin that could potentially compete with Tether ( CRYPTOCAP:USDT ) and other similar stablecoin assets in the market. The firm aims to offer transparency in its reserves, which will be pegged on a 1:1 ratio with the United States Dollar and will be composed of multiple assets, including US dollar deposits, short-term US government treasuries, and other cash equivalents.
To ensure transparency, Ripple Labs ( CRYPTOCAP:XRP ) has stated that it will conduct a thorough audit by a third party and will publish monthly attestations right from the launch. The firm will also adopt a compliance-first strategy, leveraging the BitLicense it received from New York, as well as other related licenses from Singapore and Ireland, as a starting point for its regulation-first approach.
According to Brad Garlinghouse, Ripple CEO, this move is a natural step for the company to bridge the gap between traditional finance and crypto, and institutions entering this space are finding success by partnering with compliant, crypto-native players. The proposed stablecoin will further relieve the strain on CRYPTOCAP:XRP , Ripple's associated digital currency used as a payment token to power its On-Demand Liquidity (ODL) service for years.
Furthermore, Ripple Labs Stablecoin will be hosted on the XRP Ledger (XRPL) at launch, and the firm plans to expand this reach to other protocols overtime to push its decentralization agenda. Ripple believes that its alternative stablecoin has the enterprise links to gain a significant market share from Tether and USD Coin, which currently dominate the stablecoin market.
The introduction of a new stablecoin could imply relative competition within the Ripple ecosystem, potentially impacting CRYPTOCAP:XRP demand and price in the long term. However, Ripple's business confidence could increase, and investors may bet more on the coin, positively influencing XRP's price outlook. CRYPTOCAP:XRP has already shown bullish growth of 2.33% in 24 hours, marking the first sustained bullish trend for the week.
Overall, Ripple Labs' plans to launch a stablecoin asset offer a new dimension to the stablecoin market, and its promise of transparency, compliance, and multichain compatibility could further solidify its position in the crypto space.
