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Is MARSH Going For It's ATH of 30X!?? Same Like AI Coins?!KUCOIN:MARSHUSDT MARSH is Same Project as GRT (The graph) Market Cap of GRT is $1,166,562,295 ($1.1 Billion) and ranked at 46 CoinMarketCap Now, MARSH has just $1,390,317($1.4 Million) of Marketcap and ranked at 1345 on CoinMarketCap As we know that this whole bull market in crypto right now is driven by AI narrative and GRT is also playing a role in this narrative. So at least MARSH Should get 100-200 Million $ Market Cap Now, lets Look at the Charts: MARSH Broke out from the big downtrend and now started a new cycle. MARSH was in accumulation for 245 days and currently it broke out from that accumulation, retested it and now going for a parabolic move ahead For Now the Targets should be at $0.26-$0.43 and $0.65 If we see this whole move as a parabola and the narrative of managing the Big data gets hyped , MARSH can touch it's previous All Time Highs Targets for that would be $1.6-$1.8 As we should always have an invalidation in our setup so to exit from the coin and to avoid total loss of capital Invalidation level would be Daily candle closing below $0.1 On the Other Hand GRT has made a breakout and can go for minimum 2x from current market price which will push the demand for alternative projects of GRT..which is MARSH to have a exponential hype growth in this bull run. Thank you reading :) Please follow and like the post as i hope i gave you some value read 👍
Long
by Traders_skooll
1
Will ALICEUSDT recover to previous all time highs?My Neighbor Alice is a new multiplayer builder game that is centered around the world of Alice and features a complex of islands on which anybody can buy and develop plots of land by filling it with creations. This time the chart looks a little bit more complicated and noisy. I used the Action, Reaction method to find important trendlines. The token turmoiled from the price of $59 to $20 on the first day of trading, and then it continued on a downtrend to reach a low of $3.3. After reaching $3.3 the price reversed and started recovering. After drawing the Fibonacci levels from the high to the low I found that the price stopped from recovering and got rejected from the golden ratio of the downtrend, Which sits at the price of $23. So far Alice looks promising, because after the rejection Alice was able to make a higher low at the median line of the pitchfork and form a structure. At the time of writing, the price is struggling to break the resistance of $16.6 and is consolidating below it. Also bitcoin's selling pressure didn't stop. Alice can continue upwards from the level we are at and can reach a maximum of $44.9. Fundamentally, Alice has a partnership with the Sandbox, they will be adding an Alice "Neighborhood" feel to the metaverse by releasing characters that can be played across The Sandbox universe, Which is big for Alice considering how fast the metaverse is being adopted. Personally I bought a good amount of ALICEUSDT in spot with no leverage. Gonna start selling and taking profits at the following levels. ($20 - $23 - $30 - $37.5 - $44.4)
Long
by UnknownUnicorn17674375
Is SUSHIUSDT ready to recover to previous highs?SushiSwap is a type of a decentralized exchange called an automated market maker (AMMA). Automated market makers lets users trade cryptocurrency tokens with no central authority managing the trade. SushiSwap uses mathematical formulas to set prices and processes trades using smart contracts. On the first day of trading the price made a high at the $15-$16 range and then started a strong downtrend that resulted in the price going to a low of $0.5! The reason for this was that SushiSwap wasn't the first AMM, it is based on another AMM, called UniSwap. UniSwap's code was used to create SushiSwap, there was nothing new about it, Which was why the price crashed more than 95% in a matter of 2 months. It wasn't attractive enough, investors just kept on providing liquidity to UniSwap's pools and very few switched to SushiSwap. By that time, everyone thought that the token is dead and can't recover, but the anonymous developer of SushiSwap, who goes under the fictitious name "Chef Nomi" , had a different idea. He/She was able to come up with a tactic help SushiSwap gain an edge on its rival. Users would have to deposit UniSwap tokens to earn rewards on SushiSwap. Those who switched from UniSwap to SushiSwap gained alot more rewards on SushiSwap, Which resulted in SushiSwap gaining about $800 million in crypto funds. That's when the price started recovering and was able to make a high of $23 on March,2021. Looking at the chart of the coin we can see that the price action is very noisy and slow. Currently the price is returning to a very strong demand zone at the $6.9 range, Which is the 25% of the distance between the high and the low. The 25% level is a very strong support, the last time Sushi tested that level, it formed a double bottom pattern that resulted in a strong reversal to the upside. After that the price came back and tested the neckline of the double bottom, had a weak bounce, then started a strong downtrend. I am expecting sushi to bounce again from that level especially with the RSI being oversold on the Daily chart. Developing price action will hint if the bounce is strong enough to recover to previous highs. I will keep y'all updated.
Long
by UnknownUnicorn17674375
1