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Metaverse

Virtual vs Real Estate (Inflation, Real-Estate, and Government)Gavin Newsom has been bragging about CA's $31B surplus this year but we know that the state has been struggling for a while now. A locked-down economy and people/jobs leaving the state will kind of do that. CA owes the Feds $21B in unemployment debt, btw. www.sacbee.com Looking at the budget closer, you'll see that they gave educational institutions a modest increase (not enough to off set the damage COVID regulations they made them follow, of course) while most essential services are actually getting massive cuts. www.ebudget.ca.gov That 66% cut in environmental protections is pretty much a slap to the face to environmentalists everywhere. (Maybe that had something to do with why Newsom "disappeared" during the climate summit last year.😂) But Big Pharma and corporate tax cuts are doing great, at least. If budgets could give the middle finger to taxpayers, this is probably as big as a flip as you could get. We had the chance to get rid of Newsom last year so guess he felt emboldened enough to double-down on the abuse. But it is what it is, I suppose. Kind of too late, now. Note that despite Newsom's claims of economic recovery, we see a huge increase in labor dev funds, for reasons that should be pretty obvious by now. They know people are leaving and employers aren't hiring so something needs to be done but they can't be honest about it. Big picture, is this really about COVID, California's labor market, or is it the beginning of the 4th Industrial Revolution, as Andrew Yang and the #YangGang forewarned? "Supply chain issues" may be masking the reality that a lot of those jobs aren't simply coming back, at all. And it seems fitting that the day this comes out, we see Jerome Powell starting to look panicked about #inflation after a year of denying that it ever existed. Deer caught in the headlights, really. It's obvious that they really have no idea what they're doing at this point. Either way, we have government loaning each other money with the Feds just printing more money to keep the states afloat on their unsustainable path. It's a house of cards ready to come crumbling down, and it's going to trickle down all the way to state and local budgets, too. Lots of people probably thought I was crazy to double-down on #crypto during these times but the more I read about this stuff I feel better about the path I took. I often feel like an outsider to traditional financial institutions but maybe that's not a bad thing, after all. There's going to be a lot of people who claim that the sky is falling but that happens at every downturn so take it with a grain of salt. But it's not all bad -- some sectors will do well so the best thing people can do is to stay focused on areas of growth. 📈 What are those areas? Crypto, #NFTs, software in general, and service sector industries that aren't beholden to supply chain issues and can adapt to new economic landscapes very quickly. The #metaverse will adjust to inflation much better than real-estate, for sure. We're due for a market correction in the USD at any given moment, anyway. Long-term, it'll be a good thing, though, since all the FOMO in Wall Street and the government has created a monster that's out of control. A crash will fix a lot of that by removing the $$. Either way, good luck, folks. Been saying a while that the next few years is going to be a roller-coaster so I hope people are prepared for anything to happen. The smarter ones have seen the writing on the wall and are planning accordingly already. 🧐
Long
by RyanTanaka
Still BullishYesterday's bullish scenario is unfolding today. The next couple of hours will be telling. I kept the same chart, deleted an arrow from the resistance line (red) to the support for a final potential short-term consolidating dip to avoid confusion. The pink descending wedge has the potential target for a $0.34 correction, right above the resistance depending upon where it breaks out. I'm not necessarily going to trade that, but I am definitely keeping an eye on it. It may break through, drop a little and then go higher? It may break down and retest $2.82ish? MACD looks excellent, curving upwards in preparation for this small but positive move as the red histogram is resolving too. Volume isn't horrific...people are still interested. I think the heartache comes from BTC. Let's face it, it's the Kleenex of crypto. People are starting to figure out that it's original concept was brilliant, but it's application isn't sustainable or even usable when compared to Gen 2 and Gen 3 products. A lot of growing pains ahead as alts/btc pair increase and BTCers lose. As this happens you'll be tempted to freak out. I chose to relax because whatever token I'm into will tank and then recover at a greater rate than BTC. I will also use it to my advantage until the Alts become independent. Even if my alt is in the midst of a rally, I look at BTC as an indicator and sell because the alt is going to follow to some extent. This is not financial advice, just what I do to make a lot of money;-) Do your own research, learn who not to listen to in the process. I am not married to any token. I am just reporting what the chart patterns read, and today's analysis is very short-term.
MLong
by keykomg
Ethereum crashes with other major cryptosEther prices fell to their lowest in more than three months on Thursday, plunging below $3,200. The recent crypto crash has affected many other major cryptos including Bitcoin, Solana, Cardano, XRP, and Dogecoin. Ether also fell against Bitcoin, dropping to 0.076639 on Friday. Why are cryptos suddenly crashing? In an effort to deal with rising inflation, the Federal Reserve’s minutes revealed on Wednesday that a tighter monetary policy is on the cards in 2022. Expectations for decreased monetary policy support and higher interest rates instantly hit global risk assets, such as stocks and currencies. Will Ether plunge to $3000 or even lower in the coming months? 2021 was a great year for Ethereum, which hit record highs. Moreover, let’s not forget that the major metaverse tokens like SAND and MANA all run on the Ethereum blockchain. This is a good sign for the second-largest cryptocurrency. However, the Federal Reserve’s intention to normalise interest rates could potentially challenge cryptocurrency prices even more in the near future.
CAPITALCOM:ETHUSD
by Capitalcom
MANA, Wonderful Metaverse CryptoMana: As you can see in the chart, the drawn support band shows the $ 3 price floor, which has met with a positive price reaction. The upward and positive trend line of 66 days in green is also a confirmation of the above. Although the intersection of the uptrend line and the price support band has been identified, the next support (unlikely, of course) is the red dotted line at $ 2.79. The goals and targets ahead are also marked with green dotted lines and percentages shown. First Target 17% Target II 31% Third Target 56% Fourth Target 94% Given the good funds that this token has and the general popularity of the field of meta-cryptocurrencies, I personally believe in the above targets. like always : Do not forget to manage capital to trade and consider risk to Reward. Good luck and profitable.
Long
by mansour1978
This TINY 100X GEM is about to EXPLODE...Hi guys, I'd like to share with you a great Idea. I've been following this coin since its recent listing on Kucoin. The name of the coin is Polytrade Finance. Recently it got listed on COINDCX (One of the biggest exchanges in India). India has more than 130M Active Crypto Traders/Holders. Post recent correction in crypto coins. It's the best time to scoop up the strong coins with good fundamentals. Here's a brief about polytrade: Poly trade is helping real-world businesses by providing them with capital. They get this capital from the crypto market - using crypto liquidity they're enabling real business. They've already financed more than 500MLN$. With such strong potential, I'm stacking polytrade while it's available at this price. Lmk what coins are you guys holding or stacking in the comments below (I love to read comments :) ).
Long
by TheIntellectualTrader
1
2 months ago I found this 100X gemHi guys, a few months ago I found poly trade on Kucoin at 1.8$. The best thing I didn't buy it immediately - as I knew the market was overheated and we are due for a good correction. after a massive drop in prices across crypto markets. I'm now scooping back coins I wanted to buy. It is forming a massive bullish wedge on the chart. sellers have left & we've cleared the way for a new all-time high. also after recently being listed on CoinDcx (India's biggest exchange with more than 105M traders/holders). there is no doubt we'll see good growth in the upcoming months. Let me know what coins are you guys buying?
Long
by highoctanetrader
3
29% bounce from yesterday's dump.I think BTC will recover to the 48,765.309 area soon. When it breaks through this level, it can have a shot at the 50day at about 51K. MANA is growing, only being dragged down by BTC. MANA has split from the market a couple of times in the past few months and has done so again today. I'm not an apple guy and was delighted to wake up this morning to hear about Samsung. This is huge, more than Nike, Adidas, etc... It made me feel really good about the new Samsung pro I'm typing on, and the NeoQled TV and sound system I treated myself to at Christmas. I did notice at Thanksgiving, when everything tanked, that MANA rebounded exponentially against all the other coins. Keeping that in mind, I had converted a bunch of ADA and ETH last night into MANA...thanks Samsung. I lucked out because my stop loss from a buy at $3.02 was right at $2.79. Below are some ideas of where I think MANA is going and how it may get there...and not financial advice. This is all short-term stuff. MANA is holding, consolidating well. Ascending channel and C&H on the short-term. MACD is better, above the histo. and you can see it bounced from the line I drew on the Stoch RSI last week. Smaller C&H patterns have been leading into larger ones, putting $3.60's and $3.80's back on the map. We can only hope that BTC doesn't continue to drop. BTC is looking good, so if it returns to the 48-51k range in the coming days, this will even further MANA's "head start," putting $4.50-$5+ readily within reach. On the downside, should MANA be consolidating in the Descending channel, I am keeping an eye on $3.20-3.15. Below that, it may test $3 or lower?
MLong
by keykomg
1