XEN Layer 1 By Early Google EngineerXen crypto is certainly a different project. Xen launched a little over 6 months ago in the middle of a bear market on nearly every block chain a token can be created on. At first its pupose was relatively unknown but it soon became apparent that xen was to be a freely distributed gas token for a new and extremely powerful layer one block chain of its own.
To entice users the xen team allowed the entire supply of tokens to be minted by potential users for Free.
FREE As in NO team allocation of any kind and the entire supply minted freely by users until all tokens have been created.
One of the most promising features of Xen is its founder.
Xen was started by early google engineer Jack Levin under the same game theory applied by Google in the early days. Providing the product free to gain the trust and support of users seems like an unprofitable business adventure but in an industry with fierce competition today we can see the business model obviously worked to set google as the leader in web searches. It is the mass flow of eager users to the Free product that set google in a place to sell enough services to set it at the top of the tech sector.
Xen crypto appears to be shooting for the same response. In the crypto industry competition is equally fierce and speculators are looking to see who can grab the attention of users and xen may be it.
The token was launched and minted for free so looking at the price chart we can see the imense sell pressure. Through crafty tokenomics this sell pressure will not last forever.
Looking at a multi ema ribbon we can see price for the first time since its launch is approaching and possibly ready to cross the 200ema.
Being this is a relatively new project risk is always high but so is the reward if the project can reach its real potential.
Xen crypto has a qualified public leader with a real product that businesses and regular people alike will have a real need for.
Fast cheap and effective layer one block chain.
Time will tell the tale.
Layer1
$ADA/USDT 2D (#Bybit) Descending trendline breakout and retestCardano is pulling back to 50MA support and seems to be done with the downtrend, let's prepare for mid-term recovery.
⚡️⚡️ #ADA/USDT ⚡️⚡️
Exchanges: ByBit USDT, Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.6%
Current Price:
0.4051
Entry Zone:
0.4014 - 0.3618
Take-Profit Targets:
1) 0.4798
2) 0.5536
3) 0.6275
Stop Targets:
1) 0.2995
Published By: @Zblaba
CRYPTOCAP:ADA #ADAUSDT #Cardano #PoS #L1
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.5% | +90.1% | +128.9%
Possible Loss= -43.0%
Estimated Gaintime= 3-4 months
cardano.org
Polkadot - In accumulation phase - Best time to buyPolkadot is in a big accumulation phase. This is when you buy into the ticket and wait. Depending on asset it could take months to years. In this case I would consider years. Eventually it will break up above 12$ and the recovery phase will begin.
Right now polkadot is very undervalued due to whats being built on their chain.
$APT/USDT 1D (#Bybit) Symmetrical triangle breakdown and retestAptos got rejected on 50MA resistance and seems likely to continue with the retracement down towards 150MA support.
⚡️⚡️ #APT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.4X)
Amount: 5.0%
Current Price:
11.6280
Entry Targets:
1) 11.8450
Take-Profit Targets:
1) 8.9145
Stop Targets:
1) 13.8050
Published By: @Zblaba
$APT #APTUSDT #Aptos #L1 #PoS #Web3 #DApp
Risk/Reward= 1:1.5
Expected Profit= +59.4%
Possible Loss= -39.7%
aptoslabs.com
Consolidation of CASPERIt is quite possible that Casper could consolidate between 3 and 6 cents for another couple of months. Great time for accumulation. IPwe and Zug protocol can help to swing higher in late 2023 or early 2024. Minimum target during bull run is 20 cents. Has potential to go as high as 2 dollars though (depending on the partnership announcements and adoption).
Next target 1650Hi
After drop from 3rd wave and retest the support around 1460 and one more time at the middled of ascending channel 1560.
BINANCE:ETHUSDT is going up to 1650 before move on.
Can Long/Short at lower timeframees
Hit then drop 1742, seem ETH's complete the impulse wave and everything happened after that is a correction wave.
Right now, we have a support at 1560 and resistance 1650
Wait and see what next happen
$ATOM - Cosmos Layer 1 - 50% Potential$ATOM - Cosmos Layer 1 Blockchain - 50% Gains Potential
Developers have built hundreds of blockchain projects on Cosmos, including Binance Chain (BNB), Terra (LUNA), Crypto.com Coin (CRO), Cosmos Hub (ATOM), and more.
On a successful break out of $17, $ATOM has a potenital of 48% Gains,
Aggressive entries only here, will be adding on a clean break out above.
Support Levels - $10.5 ,$12.2
Next resistance - $16.5,$21.3,$25.5
Invalidation clean break below $9.5
#NEAR is positioning itself for a W pattern to ~ $10Early stages of the W being formed.
But this gives us a clear level which negates this idea... the most recent local lows.
Currently long NEAR on spot and low leverage futures.
I like what i'm seeing on the development of this ecosystem , and believe it will thrive in the next cycle.
Pullback and moving down to in range 15-13KOn daily chart,
Bitcoin ( BINANCE:BTCUSDT ) still in the descending channel.
Right now, it's trading around 21200.
BTC has reached to 25200 and crashed after that. Wave A and B had completed and Wave C has been happening with target in range 29 - 33K.
If price reject at those level, that's a 4th wave. We can hope bitcoin will move down 15-13K to complete a fifth wave.
Let's wait and see
A good chance, over 172% profitableOn weekly chart,
BINANCE:1INCHUSDT has touched a support and bounce back.
Right now, it's trading at 0.73
Besides, it's broken out Descending Channel. This signal is good for bullish.
Resistance of mid-term at 2.0
On 2H TF, we can join the race when it's testing.
Let's wait and see.
BRISE - possibly a 30 to 50% pump coming with CEX listing!I was watching for coins or tokens to purchase if BTC would crash, I looked at Solana and saw market cap is still 11 billion. I thought, well, lets look for fastest blockchains, maybe there is a new one. I found Brise, then I saw it went up by 300% in a couple of weeks. I looked in the Telegram and saw there was a CEX listing coming, then I decided to open a chart, and what do we see. This blockchain is faster than Solana, has a market cap of 300 million at 0.0000009 and supply of 474T.
- cup and handle formation
- ascending triangle
RSI shows slight bullish divergence, with overbought conditions. I expect a 30 to 50% pump within a week! DYOR.