Azero ; finally bottomed out?Now l’m not truly satisfied with it , one of my loser bags even though bought it cheap but it’s over 100 days of nonstop selling pressure and i dont know by who ( probably the team and lol ) but i feel like the bottom is in otherwise it should goes below zero which is impossible haha , I drew an accumulation box as you see and I hope we recover pretty fast , will monitor the progress and if it’s not impressive I might get out of it , will do a moderate tp for now on 1.40$ and will update you later .
Stay safe fam
AZEROUSDT
Aleph Zero (AZERO)Aleph Zero (AZERO) is a privacy-enhanced blockchain platform that aims to combine the scalability of public blockchains with the security of private networks. Utilizing a novel consensus protocol, Aleph Zero seeks to address common blockchain issues such as speed, scalability, and privacy, making it suitable for both enterprise and public use.
The current price of Aleph Zero (AZERO) is $0.75 with a 24-hour trading volume of $3 million. AZERO has experienced a recent surge of 20% in the last 24 hours, highlighting strong market approval of its technological advancements and privacy features.
With its unique position as a provider of scalable and secure blockchain solutions and the recent uptick in its market performance, the next price targets for AZERO could be considered at $1.0, $1.20, and $1.40 ($1.60, $1.80, $2.00). Traders might look to capitalize on this momentum by entering a position at the current level. This trade idea leverages the increasing demand for privacy-centric and scalable blockchain technologies, with Aleph Zero emerging as a compelling investment in this space.
@Aleph__Zero is a nuclear time-bomb. $AZERO $CMN #AZEROThe Aleph Zero team has been steadily BUIDLing during the bearmarket and the very beginning of this very last bullrun. With Common DEX set to launch in april 2024, it's the time to press the red button. Before we explode towards $2, there will be one last little dip towards $0.97-$1.00. Don't be the one selling the very bottom, as we'll face prices between $10-$20 in a year's time.
⚡ Common DEX launch (+ Airdrop)
⚡ Digital Euro Association (Gold Partner w/ Ripple)
⚡Stable Coins on Aleph Zero
⚡Fully compliant privacy layer (SEC- and EU regulations proof)
⚡Techstars Web3 partnership (Biggest Web3 Accelerator/ Institutions Investors Portal)
⚡ Nearly Instant Transactions ($0.000036 per transaction) w/ 0.1S block-time.
⚡ 20 more partnerships/ ground-breaking tech. / dev solutions...
Aleph Zero is the future L1 everyone's currently FUD'ing due to price action. The Solana killer.
All FUD will be forgotten... The true power of Aleph Zero will soon be visible. Act accordingly!
Always DYOR ⚡ alephzero org
$AZERO UPCOM:CMN SEED_ALEXDRAYM_SHORTINTEREST1:ABAX $KINTSU $IOU ASX:OOO NASDAQ:INW
#AZERO #ALEPHZERO #ALEPHORIA
Aleph Zero AZERO is ready for a BIG MOVEAleph Zero has been in the accumulation zone for over 2 years now and is about to leave it.
I wouldn't fade it here but non of this is FA!
The fundamentals are very strong on this project and I believe they will work their way into the top 25 before the end of this year.
NFA.
AZERO / USDT Price Analysis (4h)AZERO / USDT Elliott Wave Analysis
The chart for AZERO is captivating when viewed through the lens of Elliott Wave theory. Our attempt at wave counting over the price action suggests the possibility of a small sideways movement between $1.65 and $1.47, potentially forming the 4th wave.
Anticipating a rebound from $1.47, signaling the commencement of the 5th wave, and a potential upward movement reaching as high as $2.00. This presents an interesting pattern to watch for potential trading opportunities.
Keep a close eye on the price action, and let's see how this Elliott Wave scenario unfolds!
How traders can make money on the ZK narrative?The ZK narrative is one of the most trending topics at the moment. Many users are waiting for the release of ZKSync and StarkNet, which will bring new value and applications to the crypto space.
The launch of ZKSync and StarkNet, may force the market to reassess the current Rollup projects, which will positively affect the price of their tokens. So, we can make a conclusion that you need to keep your finger on the pulse about ZK and Rollup projects and know which projects can go up.
In this idea, we will list the most interesting projects , which can benefit from the ZK narrative and bring traders maximum profit. We'll also mention our thoughts how to get more profit.
The projects list
1. $MATIC
It is the most obvious project, which in addition to its main products, also has ZK solutions. Also, $MATIC has advantages as it fits into several interesting narratives. We can say it's a versatile asset.
2. $ROSE
Layer 1 network with initial rollup support and privacy at the smart contract level
3. $AZERO
Layer 1 blockchain built on the more productive DAG consensus mode. It integrates the ZK technology into its solutions.
4. $SYS
A double-chain solution running on EVM and BTC concepts. EVM chain is based on rollup and ZK support solutions.
5. $METIS
Layer 2 network based on the optimistic rollup concept.
6. $MINA
Layer 1 blockchain using ZK-SNARK technology.
7. $LRC
Layer 2 ZK rollup, designed to optimize trade and payment.
8. $IMX
Layer 2 network created for NFT, using STARK ZK-rollup solutions.
9. $MUTE
DeFi platform on ZK Rollup technology
10. $BOBA
Layer 2 solution, based on Optimistic Rollup
11. $SKL
A competitor to all Rollup solutions due to its unique technology of launching separate blockchains to meet the needs of the audience
12. $FIRO
Project that created solutions to burn native tokens and get new pure tokens without transaction history
13. $PIVX
Financial data protection solution plan to integrate ZK-SNARK solutions.
14. $ZKS
DEX, which uses the ZK technology.
How can you make a profit?
1. Watch for updates within the narrative and announcements from the main stars of this trend, ZKSync and StarkNet, the closer the token's release to the market, the more projects will react to it
2. Look for new projects developing Dapps that have not yet released their token.
3. If your strategy and risk management allows you to buy, allocate a part of your deposit and diversify it between tokens of projects you like.
Conclusion
The ZK and Rollup trend is one of the most interesting and discussed at the moment, but it's not the only one. There are also a few more promising narratives we will tell you about soon. Share your thoughts about these projects in a comments section and check links in our bio. Thanks for reading
$AZERO - Respecting The TrendlineHello my Fellow Traderz,
In my last post about $AZERO, I id mention that price could possibly break the FALLING WEDGE pattern. It did and hit the RESISTANCE zone with ~21% profit.
Now we can easily spot that price is respecting the Upper Trendline and also forming a DSCENDING CHANNEL Pattern on 4 HTF. So I am expecting the price to test the $0.96-1 SUPPORT zone before any further bounce.
$AZERO - expecting breakout ahead
MEXC:AZEROUSDT
after making its recent high , $AZERO is ranging inside a channel aka Falling Wedge.
Recently bouncing back from strong support and trying to reclaim 55EMA on 4 hourly chart. Breaking out of channel, I m expecting an upside breakout with minimum 28% profit target