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ALTS

The current current state of ETH and BTC bull markets As you see by the chart, we broke out of a descending trend recently for ETH and we had a tight ascending channel, which we now have broken out of again, likely ETH will make another really nice jump soon on the break out. This appears to be early on in the ETH break out where ETH appears to be lagging BTC by at least a couple of weeks. We also see that BTC reversed a short term descending channel recently, broke out of it and that helped it surge past $100k with ease and now we are in an ascending channel that is a break out from BTC's prior ascending pattern. BTC Chart We also see that since ETH has started breaking out, it has really impacted the BTC dominance chart, BTC has lost over 5% of its market dominance in the last week or so. BTC Dominance chart Overall both of these seem real bullish. I dont actually hold or trade either one, though I came up on ETH, where I started buying ETH at .88 cents each. I dont trade them because the chances of either having 50%-100% gains in a day is pretty much impossible, even 20% is not likely they are just such large caps with so much order books and participation not to mention ETF impact. But there are a lot of cryptos that are running 20%, 50%, 100% every day. The thing is, if BTC/ETH are in bad health, it makes trading anything a risk because when they dump they effect the market. At the moment, it does not look as though BTC or ETH are staging anything that would cause any significant negative impact to alts other than if they run hard and thats where all the money goes. for order books they both seem strong with positive trader sentiment though BTC had pulled back it appears to be building rapidly again.
COINBASE:ETHUSDLong
by EncryptShawn
1
Here LAI's a nice tradejust look at it. roughly 30% to the next high time frame resistance level. Holding support zones and large EMA's, and making moves as bitcoin consolidates sideways. This is a great long setup, though it may take a few weeks to play out properly. The entry on a 4hr+ timeframe, allows for alot of wiggle room to let the trade work. With stops for many around the consolidation of the EMA's around 1.8-1.6, and a ton of upside room, it's hard to ask for a better entry. A big drop in bitcoin, which may confirm a lower high on the HTF's, would see this hit those stops. So make sure you have stop losses! Even in spot. These alt coins, both spot and levered, burn everyone all the time.
Long
by VaulTradeous
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. My Previous Analysis 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan
BINANCE:LUMIAUSDTLong
by XU99
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
Long
by CryptoCheck-
1
Reserve Rights (RSR) ResearchThe Reserve protocol is an innovative platform on Ethereum that, for the first time, enables the creation of asset-backed and over-collateralized stablecoins without the need for permissions. Reserve's primary mission is to introduce scalable, decentralized forms of stable currency designed to reduce the volatility common to cryptocurrencies like Bitcoin and Etherium. The Reserve protocol empowers anyone to generate stablecoins, which are secured by collections of ERC-20 tokens across Ethereum, Base, and Arbitrum. These digital currencies, underpinned by stable assets within the Reserve framework, are dubbed "RTokens". After setting up an RToken, users can produce these tokens by contributing the full set of backing collateral tokens, and similarly, they can retrieve this entire set upon redemption. Consequently, the trading value of an RToken closely aligns with the aggregate market value of its backing basket, with discrepancies inviting arbitrage opportunities. RTokens boast an overcollateralization feature, ensuring that in the event of a collateral token failure, there's a reserve of value to offset the deficit. This extra security layer comes from holders of Reserve Rights (RSR), who have the option to stake their RSR on any RToken. Should a collateral token falter, the staked RSR can be automatically claimed through a system driven purely by blockchain-based price oracles, devoid of any need for governance decisions or human intervention. Long-term goals of the project Examining the lineage of currency shows us that as one dominant global empire cedes to another, the currency of the former inevitably declines. Historical examples include the Dutch Guilder and the British Pound, and now, according to Ray Dalio, the U.S. dollar might not retain its status as the global reserve currency forever. Bloomberg has highlighted concerns, echoed by figures like Larry Fink of BlackRock, that burgeoning U.S. fiscal deficits might alienate significant foreign investors. This scenario could lead to a potential 30 percent drop in the dollar's value, as the Federal Reserve might find itself compelled to finance the national debt through monetization. In response to this, the Reserve community is motivated to craft a stablecoin, known as an RToken, which aims to decouple from the U.S. Dollar's peg. The ultimate ambition for cryptocurrencies is not merely to mirror the stability of existing assets in the short term but to innovate a financial instrument that maintains stability in the immediate and exhibits superior stability over extended periods. Investors The RSR (Reserve Rights Token) project has attracted attention and investment from a number of prominent cryptocurrency and venture capital market participants. Coinbase Ventures GSR (MM) Arrington Capital Shima Capital NGC Ventures Fenbushi Capital Digital Currency Group (DCG) BlockTower Capital Distributed Global Chapter One PreAngel (China) Sam Altman Peter Thiel These investors are investing in RSR believing in the project's potential to improve the stability and availability of cryptocurrencies, especially in regions with unstable economies. The participation of such significant names indicates the high interest in the project in investment circles. Staking Reserve Rights (RSR) serves as an over-collateralization mechanism to protect RToken holders in the rare event of a collateral token default. To enable RSR holders to provide this over-collateralization, they have the option to stake their tokens on any single RToken or distribute their RSR across multiple RTokens. Additionally, RSR holders can choose not to stake their tokens at all. In exchange for providing this over-collateralization, RSR stakers can expect to earn a share of the revenue from the specific RToken they stake on. Generally, the greater the market cap of the RToken they stake on, the more revenue RSR stakers will receive. When RSR is staked on an RToken, the tokens are deposited into a staking contract specific to that RToken, and the staker receives a corresponding ERC-20 token, which represents their staked RSR position on that particular RToken. This token is transferable and fungible with other staked RSR for the same RToken, allowing you to send any portion of the staked position to someone else or trade it, and the new holder has the option to unstake it if they choose to. Understanding RSR Staking Rewards and Mechanics: Rewards Calculation: Your rewards from staking RSR tokens are influenced by how much revenue the RToken generates, the percentage of this revenue allocated to RSR stakers by governance, and your share of the total staked RSR. For example, if an RToken earns $100, 20% is set aside for stakers, and you've staked 10% of all RSR staked on this RToken, you'd receive $2 as your reward for that period. Mechanism of Reward Distribution: Rewards are not directly paid out but are used to buy back RSR through market auctions, increasing the value of staked RSR relative to unstaked RSR over time. Staking Risks and Unstaking Delays: When you stake RSR, your tokens are at risk of being used to cover losses if there's a default in the collateral tokens backing an RToken. Unstaking isn't immediate; there's a delay (typically set between 7 to 30 days by governance) to ensure enough RSR remains staked to cover potential defaults. During this unstaking period, you won't earn rewards, but you can cancel the unstaking process to continue staking. Accessing Staking: The simplest method to stake RSR is through platforms like Reserve Register, which provide user interfaces to interact with the smart contracts of the Reserve Protocol. This system not only incentivizes staking by offering rewards but also secures the protocol by using staked RSR as a first line of defense against collateral defaults, ensuring the stability and integrity of RTokens. Tokenomics The Reserve Rights (RSR) token has a capped supply at 100 billion. As of now, 50.6 billion RSR are circulating, with the remaining 49.4 billion held within the Slow and Slower Wallets. Slow Wallet: This wallet, managed by the Reserve project team, is designated for funding initiatives that drive RToken adoption. Any withdrawal from this wallet requires a compulsory 4-week waiting period after the transaction is initiated on the blockchain. Organizational Shift in 2024: The governance of the funding for the Reserve Ecosystem underwent changes, introducing Confusion Capital. This entity oversees financial support for projects within the ecosystem like Best Friend Finance and ABC Labs, which concentrates on the development of the core protocol. Slower Wallet: Under the administration of Confusion Capital, this wallet inherits its funds from the Slow Wallet but introduces stricter withdrawal rules. Besides maintaining the initial 4-week delay, it limits withdrawals to no more than 1% of RSR's total supply over any 4-week period. This adjustment aims to minimize the level of trust required in Confusion Capital. Here’s how the withdrawal throttle works: After a period of no activity, the withdrawal cap could reach its maximum of 1 billion RSR. Upon initiating a withdrawal of 1 billion RSR, the cap drops to zero. After 2 weeks, the cap replenishes to 500 million RSR, allowing for a new withdrawal of up to 250 million RSR, reducing the cap back to 250 million RSR. One week later, the cap increases again to potentially 500 million RSR, depending on previous activities. This structured approach ensures a gradual release of funds, reinforcing trust and stability within the ecosystem's financial operations. Blockchain GSR Marketmaker activity has been spotted and is beginning to gear up for the alt season and pump up the asset. Be ready for a rapid growth of RSR in the near future! Below are a couple of wallets owned by investment funds. As you can see, they continue to hold RSR after unlocks, which indicates that there was no distribution and we should prepare for pumping, which will trigger liquidity. This way large investment funds will be able to start selling their assets due to “born liquidity”. It is also worth noting that most of the issuance is in the hands of those who benefit from growth! It can be seen that SlowerWallet and team have >50% of all tokens, followed by exchanges. After exchanges, the obvious leader is investment funds, which I wrote about a bit above. Conclusion Reserve Rights and the RSR token are on the cusp of significant change, with the potential for exponential growth. Given its innovative approach to currency stabilization, growing community, expansion into new markets and positive technical analyses, the project is well positioned to strengthen its position in the cryptocurrency ecosystem. The fundamental aspects of Reserve Rights offer an optimistic outlook on its future, making RSR interesting for long-term oriented investors. Best wishes, Horban Brothers!
Long
by horbanbrothers
4
Epic #Altseason vibes!#Altcoin follows 2016-2017 simulation! #AltSeason is inevitable and here are the do's and don'ts! 🧵 What to Do and Avoid During #Altcoins Season. Things You Should Do: 1.Do Your Own Research (DYOR) •Study the project’s technology, team, use case, and roadmap. •Be cautious of low-volume projects that are susceptible to manipulation. 2.Practice Risk Management •Don’t invest your entire capital in a single altcoin. Diversify your portfolio. •Use stop-loss orders to limit potential losses. 3.Follow Market Trends •Monitor indicators like Bitcoin dominance and total market volume. •Evaluate the level of hype in social media and communities. 4.Plan Your Profit-Taking Strategy •Don’t assume prices will rise indefinitely. •Take profits at predefined targets. 5.Stay Calm •Avoid panic selling due to sudden price movements. •Focus on logic rather than emotions when making decisions. Things You Should Avoid: 1.Don’t Fall for FOMO (Fear of Missing Out) •Avoid chasing rapidly rising prices. This often leads to buying at the top. 2.Don’t Invest with Borrowed Money or Credit •While altcoin season offers high returns, losses can also be significant. 3.Don’t Put All Your Funds into a Single Coin •No matter how promising a project seems, risks are always present. 4.Don’t Blindly Believe in Hype •Projects heavily hyped on social media are often manipulated by whales or pump-and-dump schemes. 5.Don’t Deviate From Your Plan •Never trade without an exit strategy. Stick to the goals you’ve set for yourself. 6.Don’t Lose Sight of the Long-Term Perspective •Many altcoins undergo significant corrections after the season ends. Ensure you convert your gains into real value when possible. #Alts season presents great opportunities, but careless actions can lead to substantial losses. Adopt a balanced strategy, and only risk what you can afford to lose.
CRYPTOCAP:OTHERS
by EtherNasyonaL
2
1.5 Year BTC Dominance Wedge Finally Breaks!Traders, for a year and a half we have lived inside of this bearish BTC.D wedge. Well, last week it finally broke. This week it looks like we'll get our confirmation of this break. This means altcoin season is officially underway (if you haven't had proof enough already). As BTC continues its sideway price action, various alts have been taking their turn playing catch up. I expect this type of price action to continue through December for alts though they may incur a bit of a pull back at some point as BTC.D heads back up to retest the underside of that wedge. Once hit though, expect our alts to run again. ✌️ Stew
CRYPTOCAP:BTC.DShort
by stewdamus
XLM | STELLAR | Can XLM go HIGHER?All the bottom feeders are pumping - XRP, XLM and ADA. This goes to show to that if it can be traded, it will be traded. I have some thoughts on this (the unpredictability of these coins) . As they do not follow traditional market patterns, it makes them very hard to read and harder to predict - this significantly increases the risks associated in trading these coins. I will admit I did have some XRP this cycle - but not ADA or XLM. Looking at the char prior to the pump, it was a dead coin - and there was no reason to anticipate such a huge increase. Yesterday's update on XRP here: ___________________________ BINANCE:XLMUSDT
by CryptoCheck-