2024 Overview - Whats Looking Big for 2025The crypto market is maturing to the point of clear winners and losers within the application space. The chain level has proven in 2024 not to be decided with the consistent growth of SOL Within the different chains though we have still seen winners seperately themselves from the losers.
The winning applications? Usually theyve been in three fields. Validating. Swapping. Lending. Now there are emerging winners appearing in the fields of RWA. Yield. Whatever Ethena is. These fields are distancing themselves from the losers. The zombie fields. The seed investment fields. The metaverses. The gaming. The NFTs.
The losing fields might have volatile token performance and they could definitely see strength start in 2025.. but those applications were big losers in 2024. Surprise, surprise... their token performance wasnt great. It may have something to do with the fact no one uses the application.
2025 I believe we will see those that were leading applications and leading token performers in 2024 continue to be the leaders of 2025.
EDIT - I forgot to mention in the video my favourite growth chain of SUI. SUI has been a relative leader both technically and fundamentally.
Morpho
Morpho/UsdtOKX:MORPHOUSDT
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The **current price** of **Morpho** is **1.9407** 📉.
- If the price **holds** at this level and doesn't drop, the next **resistance level** is **2.6545** 🚀. Resistance represents a level where selling pressure might appear, and the price could face difficulty moving higher. If the price breaks through this level, it could continue rising toward new highs, suggesting a positive bullish trend.
- On the other hand, if the price **doesn't hold** at **1.9407** and starts to drop, there are **support levels** below:
1. **1.4354** 🛑: This is the first support level. If the price falls to this level, it could attract buyers, causing the price to bounce back. It's a level where the price has historically had a chance to stabilize.
2. **1.00** 🛑: This is a deeper support level. If the price drops further, this could be the next point where buyers might step in, providing strong support. If the price reaches this level, it could signify a major reversal, or if broken, it might signal a further downward trend.
In summary:
- If the price **holds** at **1.9407** 📈, expect potential **resistance** at **2.6545** 🚀. A breakout above this could signal further gains.
- If the price **fails to hold** at **1.9407** 📉, look for **support levels** at **1.4354** 🛑 and **1.00** 🛑, where the price may find stability or continue dropping if these levels break.
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Again, this is just an analysis and **not financial advice**! Always do your own research before making decisions. 📊✨ Let me know if you'd like more details!
Morpho/UsdtOKX:MORPHOUSDT
📉 **Price Rejection at 2.800**
The price of **Morpho Coin** ($2.2148) was rejected at a **previous resistance level** of $2.800, which means it couldn't break past that level and moved back down. This is an important point for traders, as the price struggled to go higher, and now we're seeing it at a lower price.
🛑 **Support Levels**
The **support levels** are areas where the price might find buying interest and potentially reverse upwards. For Morpho Coin, the support levels to watch are:
- **$1.7634** 📉
- **$1.3456** 🔽
If the price continues to decline, these are key levels where the price may stabilize or bounce back.
🚀 **Long Position Potential**
For a **long position** (buying), many traders would look for the price to test the support levels like **$1.7634** or **$1.3456**, hoping for a price reversal and aiming to profit if the price goes back up. It's important to wait for confirmation of a bounce off these levels to minimize risk.
Keep in mind, this is a **technical analysis** explanation and not financial advice! Always do your own research and consider market conditions.