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XNOUSDT (Nano) Looks Ready To MoonHi guys, let's take a step back and walk through the price action of XNOUSDT (Nano) to see what it has in store for us. We'll start the technical analysis of Nano (XNO) vs USDT from the monthly timeframe down to the 4-hourly to gain a broader perspective on its price action, allowing us to anticipate trends both in the long and short term. Monthly Timeframe: As seen in the chart above, we've had series of rejection and indecision candles since June 2024 down to November where we currently are. As we know, rejection and indecision candles alone don’t hold much weight, but they become significant when they occur in an area of interest, as we're seeing here. This is the third time this trendline has been tested, and it seems to be holding strong. The persistence of these rejection and indecision candles over the past five months might suggest that selling pressure is beginning to ease and buyers are starting to take interest. Zooming in a bit further and marking the monthly lows and highs, it's obvious that we've been making series of HH (higher highs) and HL (higher lows). Since the impulsive wave from October 2024 to March 2024 that led to break of previous monthly lower highs, it is expected to have correction since price does not move in a straight line but rather moves in impulse-corrective waves. Not only is correction healthy, it presents traders the opportunity to get in the prevailing trend at a discounted price. With that said, what is the take away from the monthly timeframe? It looks like a good time to get in, and this is only my opinion which is based on the price action. Now let's go down to the weekly timeframe to see what's happening. Weekly Timeframe On the weekly timeframe, we see a straightforward price action, a falling channel from which the price has recently broken out and a weekly HL (higher low) has just formed with a candle showing momentum. This could lead to a break of the current weekly LH (lower high) at 1.056 price level, which hasn't been tested since August 2024. For this break of structure to happen on the weekly timeframe, we’ll need to see a strong impulsive move breaking the weekly LH at the price of 1.056. If we do not see price move into the weekly LH at 1.056 impulsively, then it means price is not ready to move just yet and only forming a bigger corrective wave. Daily Timeframe Now on the daily, the price breaking out of the falling channel is even clearer. Look at that nice looking impulsive move that led to break of structure coupled with where this price action is taking place makes it more interesting. Having broken the daily LH at 0.883 impulsively, and out of the channel, I would be looking for my entry signal in the corrective wave or what some will call a retest that would come after. 4 Hourly Timeframe Same insight from the daily, will be looking for a more obvious corrective wave on the 4 hourly to start take a buy position. That's all for Nano (XNO). Let me know what you think about this technical analysis in the comment section. Please make sure to you do your research. My trading rule is simple, don't take position based on what you anticipate price will do, take position only when price does what you anticipate and presents you a point of entry.
Long
by youngbossy
Where Is Nano (XNO) Headed?Where really is Nano headed? Well, I don't know but hoping to see what price is telling us so we know what to do if some certain move we anticipate happens. Let's start by unravelling this mystery from the Monthly timeframe to get a holistic view of the price action. Monthly Timeframe Since May 2021 when price got to $17.7+ we've been in a continued down trend that seems to have no end and I can only imagine what it feels like buying at that price level and still Hodling till now. One important thing we should always remember about the market is that price tends to spend more time in its corrective phase than it does in its impulsive phase. Just as a reminder, price moves in an impulse-corrective-impulse pattern, and Nano (XNO) is no different. On the Monthly, we are starting to see a Break of Structure (BoS) where a previous LH (Lower High) was broken by the impulsive wave which is currently correcting as expected. Remember, after impulse, follows correction and then another impulse from the corrective phase to confirm the trend. Corrective phase is where we should look to enter our long term positions from. We however are not going to make buy decision only what we see on the Monthly, we'll see what the Weekly, Daily and 4 Hourly timeframes say before we start thinking of how might take a position if our expectations are met. Since we're more interested in the recent price actions, let's zoom in the Monthly to really see the structure. Hmm, look at those sexy rejection candles. Well those alone don't mean anything as the candles are printed in the middle of nowhere. Let's scale down to Weekly in the next section. Weekly Timeframe Look at that, a bearish pennant which looks like it's breaking out already. Look at the price action on the weekly, since March 11th 2024, we've had series of impulse-correction. We are in a corrective phase in a pennant formation which usually signify continuation of prevailing trend. Pennants usually form after an impulsive wave which is true in our case. With this price action, I'm only going to be interested in buying on pull back when price breaks the Weekly LH (lower High) at price of 1.056. Likewise, if price breaks the Weekly Lower Lower (LL) at 0.668 then price would be indicating continuation of the current down trend on the Weekly timeframe. That said, let's see if the daily would give us any hint on what to expect in the short term. Daily Timeframe On the daily, we're currently at the impulsive phase after breaking from the corrective phase. If we don't get buy interest at the Daily Lower Low (LL) at 0.777 then we might be looking to test the Weekly LL at 0.668. My interest to buy XNO would be if price breaks and stays above the Daily HH at 0.922 or if price breaks any structure and stays above in a future price action formation. For now, I'm bearish a XNO. 4 Hourly Timeframe Price already broke 4 Hourly timeframe HL and now headed to the Daily LL. If the Daily LL does not hold, then we might be heading to the Weekly LL. With this, I am fully bearish on Nano except we start seeing some Break of Structure to the up side in the coming days and week
Short
by youngbossy
2
Benford's Law Applied to Nano (XNO)I have already introduced the Law of Anomalous Numbers, also known as Benford's Law. While using a Logarithmic price scale helps give perspective to the change in price over time, I have added additional lines equally spaced at each magnitude to further clarify price action. I first split each magnitude in half by taking the square root of 10, which equals 3.16. Applied to financial markets Benford's Law suggests price should spend half the time between 1*10^x and 3.16*10^x and the other half of the time between 3.16*10^x and 1*10^(x+1), etc. Despite this representation, we are only concerned with the leading digit, so price does not have to spend an equal amount of time at each magnitude. The longer the period of time and orders of magnitude in price we measure, the greater the likelihood the leading digit will gravitate toward the power law distribution seen below. We should note that subsequent digits appear to follow this distribution as well but gravitate toward a uniform distribution the further away we measure from the leading digit. This is independent of the base number system used and can most easily be understood using a percent change perspective. The probability of leading digits: P(1) = 30.1% P(2) = 17.6% P(3) = 12.5% P(4) = 9.7% P(5) = 7.9% P(6) = 6.7% P(7) = 5.8% P(8) = 5.1% P(9) = 4.6% Legend and how each number can be derived but arranged in numeric order: sqrt(1.78) = 1.33 light blue sqrt(3.16) = 1.78 purple 1.33*1.78 = 2.37 pink sqrt(10) = 3.16 red 1.33*3.16 = 4.21 orange 1.78*3.16 = 5.62 dark green 2.37*3.16 = 7.50 light green 10 dark blue Next order of midpoints in gray I find it interesting how midpoints, midpoints of midpoints, etc., seem to consistently interact with price as support and resistance rather than just being an arbitrary number along a supposed random walk. If we continue to take midpoints of midpoints infinitely, we will naturally fill in every number. We then gather that the most significant number is 1 (across magnitudes), followed by its midpoint (3.16), followed by the midpoints of the midpoint (1.78 and 5.62), followed by the midpoints of midpoints (1.33, 2.37, 4.21, and 7.5), etc. Market pressures force price in one direction or another but seem to shift or alleviate around these and other midpoints until that pressure subsides or other pressures arise. These price levels are not the cause yet are interconnected with the effect as seen on this chart and others.
by UbiquitousAngles
1
Correlation: XNO price vs. Bitcoin fees; What's next for nano?I don't believe in charting to predict the future. Charts are about understanding past events - telling us a nice (hi)story through plotted data. According to this chart, the speculative demand for nano is correlated with bitcoin fees. Suggesting users migrate to XNO 's efficiency under high-fee environments. Will that continue to happen in the future? Nobody knows. Can other factors have influenced this observed correlation? Probably, yes. But people who want to use peer-to-peer decentralized money will probably look for competitive alternatives if they can't use BTC in its current (or future) state. Nano, and a few other competitors will always be there for these people. I personally know many who are already doing this. I did it myself a few years ago, and I have no regrets, despite the price action. I'm a user first, and I use cryptocurrencies daily - but I see no point in using Bitcoin because it doesn't meet my current demand for P2P self-sovereign currencies. It is as simple as that. Source: XNOUSD vs. BTC_FEEUSD * Nano is an open-source protocol, with its development led by a full-volunteering team, and run by a decentralized network. Nano is also a cryptocurrency with absolute zero fees and instant settlement (achieving finality in ~500ms). The cryptocurrency XNO also has no inflation, as all units were already fully distributed for free between 2015-2017 for anyone with access to a simple computer + internet.
CRYPTO:XNONUSDLong
by vinibarbosa
2
NANOUSD 1WWhat is nano? Nano is a digital payment protocol designed to be accessible and lightweight, with a focus on removing inefficiencies present in other cryptocurrencies. With ultrafast transactions and zero fees on a secure, green and decentralized network, this makes Nano ideal for everyday transactions. How do transactions work?¶ Nano utilizes the Block Lattice, a data-structure in which individual accounts control their own blockchain. This allows blocks to be added quickly without conflict and sent to the network for confirmation. Transactions occur between accounts with two separate actions: The sender publishes a block debiting their own account for the amount to be sent to the receiving account The receiver publishes a matching block crediting their own account for the amount sent Once a block sending funds is confirmed by the network, the transaction goes into a receivable state and cannot be reversed. The receiver can be offline and safely leave the funds in this state until they are ready to publish a matching block receiving the funds to their account. Lightweight, stateful blocks¶ Nano uses a structure for each block which contains all the information about an account at that point in time: account number, balance, representative. Every block must also contain a small, user-generated Proof-of-Work value which is a Quality-of-Service prioritization mechanism allowing occasional, average user transactions to process quickly and consistently. The PoW computation for a transaction typically takes a few seconds on a modern desktop CPU. For more details, see the Blocks and Proof-of-Work specifications in our Integration Guides. Representatives and Voting¶ Nano has a unique consensus mechanism called Open Representative Voting (ORV). Every account can freely choose a Representative at any time to vote on their behalf, even when the delegating account itself is offline. These Representative accounts are configured on nodes that remain online and vote on the validity of transactions they see on the network. Their voting weight is the sum of balances for accounts delegating to them, and if they have enough voting weight they become a Principal Representative. The votes these Principal Representatives send out will subsequently be rebroadcasted by other nodes. As these votes are shared and rebroadcasted between nodes, they are tallied up and compared against the online voting weight available. Once a node sees a block get enough votes to reach quorum, that block is confirmed. Due to the lightweight nature of blocks and votes, the network is able to reach confirmation for transaction ultrafast, often in under a couple seconds. Also note that delegation of voting weight does not mean staking of any funds - the account delegating can still spend all their available funds at any time without restrictions. Because Nano accounts can freely delegate their voting weight to representatives at any time, the users have more control over who has power with consensus and how decentralized the network is. This is a key advantage to the design of Open Representative Voting (ORV). With no direct monetary incentive for nodes, this removes emergent centralization forces for longer-term trending toward decentralization of the network.1 Design Advantages¶ Nano was designed with new data structures, consensus mechanisms and other features to gain some key advantages over competing digital currencies: Minimal block size allows for lightweight communication resulting in ultrafast transaction confirmation times Without traditional Proof-of-Work and mining, nodes use significantly less energy per transaction than other popular networks Emergent centralization forces for node operators are reduced due to the near zero marginal cost of producing consensus in Nano 1 Exploring More¶ Looking for technical details of the protocol and node design? Check out the Living Whitepaper Ready to participate on the network? Try running a node, review integration options or find commands via RPC and CLI Want to know the future of Nano? See the upcoming features for the node or help shape the future by contributing to the development of the protocol if you can! Want to explore less technical aspects of Nano or join our community? Head over to Nano.org
KRAKEN:NANOUSDShort
by TheCryptoChartWhisperer
32
NUWE | Shhhhh! I Need to Add | LONGNuwellis, Inc., a medical device company, focuses on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy. The company's products are the Aquadex FlexFlow and Aquadex SmartFlow systems, which are indicated for the treatment of patients suffering from fluid overload who have failed diuretics. Its Aquadex FlexFlow system includes a console, disposable blood set, and catheter. The company sells its products to hospitals and clinics through its direct salesforce in the United States; and through independent specialty distributors primarily in Austria, Brazil, Czech Republic, Germany, Greece, Hong Kong, India, Israel, Italy, Romania, Singapore, Slovakia, Spain, Switzerland, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as CHF Solutions, Inc. and changed its name to Nuwellis, Inc. in April 2021. Nuwellis, Inc. was founded in 1999 and is headquartered in Eden Prairie, Minnesota.
NASDAQ:NUWELong
by DivergenceSeeker
5
#NNOMF_NANO $NANO will the share price go up?#NanoOneMaterials has signed some great deals this year: #RioTinto #EuroManganese #JohnsonMatthey I'm curious if the share price will take some positive action in this years last quater? After touching a 2 years low in May it did a good run till August. Since than the share price was cooling down and tries the next run to the resistance at about CAD 3,3x If the price can sustainably brake through that resistance again, it could become a nice run. Specially if more positive news will arrive! But first it has to defeat the support at about CAD 2,57 No financial advice - just my opinion.
TSX:NANOLong
by sincereDiamond56156
Nano ;digital money for the modern world (XNOUSDT Analysis)Hello Crypto community Welcome again ,today I'm gonna introduce another high potential crypto .🚀💰 🔹Rank #162,/ kind :Coin \\ Market Cap:$ 242,840,861 \\ Fully Diluted Market Cap: $242,840,861>> ✅ ✅ ✅ Max Supply: 133,248,297/Total Supply: 133,248,297/// Circulating Supply : 133,248,297.20 XNO (100%) >> ✅ ✅ ✅ (Because it is fully diluted, nano is also highly decentralized, and well distributed, with the vast majority of nano accounts Holding less than X100. As of December 2020, around 20% of all nano in circulation (~26 million) is held in one of the cold wallets associated with the Binance cryptocurrency exchange.📛🚷 A total of 5% of the circulating supply was held back for the continued development of the project, this was allocated to a so-called “developer fund.”) What Is Nano (XNO)? Nano was founded by Colin LeMahieu, a heavily experienced software developer and engineer with a wealth of experience working for prominent tech companies, including Dell, AMD and Qualcomm. Billed as "digital money for the modern world," nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies. nano.org-Coinarketcap ------------------------------------------------------------------------------------------------------------------- 📊Technical As you can see on the DAILY timeframe for XNO/USDT , although the overall trend is still bearish and Nano are already trading under EMA 14, 20 and 50 day , but recently jumped more than 30% and came back to lower support zone recently , so its possible to continue its uptrend again and touches the higher resistance zone , but otherwise ,if it losses the current important support zone it can fall more upon the lower support lines! 🛑resistance level: $2.34-$2.46 ❇️support levels: $1.69-$1.7 ///1.58,1.40,1.20 and $1. -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯
by PRO_SMART_Trader