Get started

Altseason

Let's get higher this week POLKADOTPolkadot: Rising from the Ashes BINANCE:DOTUSDT Polkadot appears to be breaking free from its prolonged downturn. Comparing to Cardano, its about time to reach the fibonacci 1.62 and the buyside liquidity. The charts suggest strong bullish potential, but it’s crucial to stay grounded—corrections are part of the game. In my view, a significant pullback may happen when geopolitical events, such as TRUMP's potential return to the White House, create waves across the markets. For now, the focus should be on crypto over the coming weeks. Avoid over-leveraging or taking excessive risks. Remember, the market will always present opportunities—it's often your mind that gets in the way. Discipline is key: master your fears by following your trading plan without compromise. Success isn’t about how much you make in one trade; it’s about consistently executing a solid plan. Over time, this approach allows you to grow your capital as if you’re your own bank. Stay committed, keep learning, and protect your mental clarity by managing risk wisely. I currently have an active trade on Polkadot and am holding steady. Let’s see how this plays out!
Long
by Jaytradermb
3
CRV potentially breaking above a Double bottom neckline hereCurve like any other altcoins has responding very parabolically to its goldencross. It has now gone above a potential double bottom neckline, however, as much as it has pumped recently I would not be surprised to see it correct back down below this neckline for a bit. If it does that it may form another neckline slightly higher for a potential inverse head and shoulders pattern. If it does just continue up fro here instead then the target shown on the above chart is the ost probable one to expect. *not financial advice*
COINBASE:CRVUSD
by DrDovetail
XVG going parabolic upon 1day golden crossYet another shining example of apparently hall all boats rise thanks to the golden cross. Right when golden cross occurred Verge goes parabolic. It has now broken confidently above this inverse head and shoulders pattern and still would make 54% gains from its current spot to hit the full breakout target of the inverse head and shoulders pattern. Though Verge has long been considered a dead coin, I do recall talk that it may possibly one of the few cryptos that is currently ISO20022 compliant right now so that is indeed an advantage it has going for it right now. Possibly not so dead afterall, but this could also be a case of “All boats rise” with the current parabolic market conditions. Also wanna give a proper shoutout to my friend Saeid for believing in this one. Saeid focuses more on elliot waves and harmonic chart patterns and is a solid analyst himself, and he believed in XVGs potential to do something lke this much mroe than I did. *not financial advice*
CRYPTO:XVGUSD
by DrDovetail
Last chance to buy $dreams before the official game is launchedDreams Quest Origins, an open-world blockchain role-playing game (RPG), is presenting a sneak peek with a breathtaking snapshot of its DreamsVerse. From beautiful landscapes and mystical trees to exquisite use of colors and styles, Dreams Quest presents an otherworldly dream-like environment that captures the player’s imagination. The project has also enhanced its gameplay dynamics from play-to-earn to a more robust collect-to-earn (C2E) model through discovering, upgrading, buying, selling and trading rare and collectible in-game assets that will be saved in players’ inventories as nonfungible tokens (NFTs). Players can unlock quests and collect Organic Matter, crafting it to infuse elements into crystals and learn how to further forge and upgrade game asset NFTs. Dreams Quest will deliver further updates on the game’s development, its trader’s market and various game assets. The trader’s market will serve as a cornerstone for players to buy, sell and trade game assets, acquire various special edition items and upgrade NFTs for game use. Dreams Quest Origins will launch initially as a mobile game, giving players a fully immersive open-world experience accessed by any smartphone or tablet. Users can access game assets in the game or transfer them directly to their Web3 wallets. Further developments will be announced during the coming weeks. Steve Good will be presenting as keynote speaker in Bangkok on the 11th-12th of November! Keep an eye out for official launch after 4 years of hard work! 👁️
by axelrodd
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.
by SoftQuant
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
FANTOM BULLISH-POTENTIAL 6.39RRFantom (FTM): A Bullish Opportunity with Controlled Risk BINANCE:FTMUSDT The current price action of Fantom presents an attractive setup for taking calculated risks. Here are the key bullish arguments supporting this perspective: Previous Monthly Low (PML - November): Disrespected, signaling strength. Previous Monthly High (PMH): Disrespected, further affirming bullish momentum. Monthly Bullish Fair Value Gap (FVG): Holding so far; confirmation expected by early Sunday morning. Previous Weekly High (PWH): Disrespected. Previous Weekly Low (PWL): Disrespected. Daily Bullish FVG: Being respected, showing demand at this level. 4H Swing High: Disrespected. 4H Swing Low: Disrespected. Bearish Arguments: Previous Daily High (PDH): Respected, a minor resistance to watch. Previous Daily Low (PDL): Respected. Trade Management: Stop Loss (SL): $0.84–$0.82 Take Profit (TP): $1.90–$1.88 Entry Zone: $0.9951–$0.9683 Risk-to-Reward Ratio (RR): 6.39 I am using Quantfury to manage this trade, a platform I find effective for precise execution. Final Thoughts: The market appears poised for further upside, but stay disciplined and avoid being influenced by noise. The next five months are crucial for crypto, requiring full focus and adherence to your own strategies. Remember, every lesson comes from experience, not just from external opinions. Stay patient, trade smart, and blessings to all!
Long
by Jaytradermb
BOND/USDT: PSR Flips Green—Degen Play or Conservative Stay?**BOND/USDT Analysis (Daily Chart)** 1. **PSR Turned Green:** - The **Parabolic SAR (PSR)** flipped bullish today, indicating a potential **entry signal at the daily close**. This signal reflects growing short-term bullish momentum. 2. **200-Day MA:** - The price remains **below the 200-day MA**, which is a significant resistance zone. This keeps the long-term trend bearish, and traders should be cautious about overcommitting until this level is cleared. 3. **Entry Signal Commentary:** - The **PSR-based entry** is suitable for **high-risk (degen) traders** seeking early opportunities. - **Conservative traders** may prefer to wait for confirmation, such as a breakout above the **200-day MA** or sustained price action above $1.776 (local top). 4. **Oscillator Insights:** - **OBV:** Trending upwards, confirming accumulation by buyers during recent upward moves. - **RSI:** At **60.62**, indicating bullish momentum without being overbought. - **CMF:** Positive at **0.16**, reflecting strong buying pressure. **Summary:** - **Degen Traders:** A PSR flip today signals a potential entry at the close for risk-tolerant traders, but the price still faces significant resistance. - **Conservative Approach:** Wait for confirmation via a breakout above the **200-day MA** or strong price action above $1.776. **Outlook:** - A daily close above $1.776 could pave the way for further upside toward **$2.000**, while failure to sustain above today’s levels might signal a pullback to **$1.584 support**.
Long
by vagada
3
1000RATSUSDT: Breakout Watch – Will Bulls Take Charge ?!?!?!?!?!This chart shows a potentially bullish setup but with important caveats to consider: - The **Parabolic SAR (PSR)** has flipped green, signaling bullish momentum. - The price is trading above the **200-day MA**, a strong indicator of a potential trend reversal. However, this signal will be more significant if confirmed by today's **daily close**. The **descending trendline resistance** remains intact and is yet to be broken. A breakout above this trendline would confirm further bullish continuation and strengthen the overall setup. **Oscillators** add further insight: - The **RSI** is above 50, suggesting growing positive momentum but still leaving room for a stronger move. - **CMF** has turned positive, indicating buying pressure and healthy money flow. - **OBV** is trending upward, showing steady accumulation and reinforcing the bullish outlook. While the current setup offers an **entry signal** based on the PSR and 200-day MA, traders should watch for a breakout above the descending trendline for stronger confirmation. Volume will also play a critical role in validating any breakout.
BYBIT:1000RATSUSDT.PLong
by vagada