📈 Shiba Inu Coin: On the Rise Again! 🚀
Title: 📈 Shiba Inu Coin: On the Rise Again! 🚀
📉 Analysis:
Shiba Inu Coin (SHIB) has been showing promising signs as it bounces off its support at 0.00002643. This bounce indicates renewed investor interest and buying pressure in the cryptocurrency.
📈 With the momentum building, SHIB appears poised to target the 0.000036 mark in the near term. This represents a significant upside potential for traders and investors alike.
💼 However, it's essential to consider the broader market trends and factors influencing SHIB's price movement. Market sentiment, regulatory developments, and overall cryptocurrency market conditions can all impact its trajectory.
🔍 Traders should keep a close eye on key resistance levels and monitor any developments that could affect SHIB's performance in the short to medium term.
🚀 Overall, with its recent bounce off support, Shiba Inu Coin is showing resilience and potential for further upward movement towards the 0.000036 target.
NFA
Thoughts on TruFi and the potential trend on RWA.Good deals, and may luck be on your side. Good day, dear readers. Today I suggest taking a look at the TruFi token. I'm not recommending buying it, but rather considering it from an investment perspective for the upcoming bull market.
In brief, TruFi is a lending protocol (lend/borrow) linked to RWA (real-world asset tokenization). The system even has its own not very successful stablecoin, which has recently been somewhat detached due to various events involving Binance, Justin Sun, etc., although as claimed by the teams and other people, this stablecoin was fully backed by dollars.
The token and platform's interest lies in its interaction with the real world. In my humble opinion, tokens from this sector will experience hype during market growth. Additionally, loan defaults lead to quite real legal consequences (with their pros and cons). As far as I understand, market participants (crypto enthusiasts, hodlers, coin holders, and ordinary people unrelated to institutional investments) can provide liquidity to the DeFi protocol. After that, a borrower who can borrow money, not in ethers or bitcoins, but in dollars, can be found.
Observing the perplexing movements of the stablecoin, I intentionally write this review to draw your attention to this asset. This is not a call to buy at current prices, as the price could very well break new lows before trending upward or stagnating. Nevertheless, this is a rather risky investment, suitable for a short-term peak and the first downturn of the bull market, but with the potential for decent returns. Since hitting bottom, the token has only risen by 120%, and the first subsequent minimal target would be beyond local highs, likely much higher. Even upon reaching this target, we could expect a 130% profit from this position. My motivation for investing in it (although I bought earlier and now hold about 40%) is the price bottom, token revival (albeit not very successful, as the daily candle was extinguished), prolonged accumulation, high previous highs, and potential hype associated with RWA.
The target on the chart is minimal and conditional, and cup-and-handle formations often do not play out and are frequently fictitious.
If you do seriously consider the possibility of acquiring the token, be sure to study it independently and at least read about it, as from the perspective of conservative investments, this is an extremely risky deal. I strongly advise against investing more than 0.5%-1% of your total portfolio.
This review is a work of fiction and is not an investment recommendation.
#JUP: IS GETTING READY FOR A BIG Move!#JUP/USDT
Jupiter (JUP) is a sophisticated swap aggregation engine that provides critical liquidity infrastructure for the Solana ecosystem. It is also expanding its DeFi (Decentralized Finance) product portfolio, which includes a comprehensive suite of Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.
The coin has experienced a significant surge of 80% in the last two weeks. This could indicate a moment of interest for investors who've had their eye on it.
The suggested strategy for JUP is to accumulate the coin on every dip, meaning investors take advantage of temporary decreases or corrections in stock prices to increase their position. This approach is based on the belief that the overall trend of the coin is positive, and buying during dips could lead to potential profits when the price rises again.
The accumulation zone for JUP is up to $0.6.
#DYOR LSE:JUP BINANCE:JUPUSDT
#BTCUSDT Short-term update#Bitcoin has broken above its resistance level and is currently undergoing a retest. This suggests that there may be a potential for a push in price leading to a break above its all-time high.
However, there is also some indication of bearish divergence.
The price action has been choppy and has resulted in liquidity being taken out on both sides. The only anticipation at this point would be for a bullish structural break, indicated by the daily close that was slightly above the zone.
Stay tuned for more updates.
#DYOR CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
Expectations before full bull if BTC reached a top for nowBitcoin has experienced a remarkable rally this year, rising to the much desired zone of 35-48k. However, there is now a growing possibility of a reversal, with expectations of a bottom forming again sometime in 2025. Despite the prevailing optimism in the air, especially with the anticipation of ETFs and other developments, this outlook is indeed somewhat contrarian.
Despite what current sentiment suggests, a potential correction with a drop to at least 15-20k before another bullish run after 35-48k is fulfilled, matches my original expectations.
FSRI missed tesla shares ,who knows or if or when #FSR do the 1/5 what king Tesla did .
Starting from the bottom here i am .
Ethereum $ETH In The Predicament Of The Corrective Rising Wedge!Hi friends,
Everything that happened to Ethereum after the CRYPTOCAP:BTC big crash and what I think next for CRYPTOCAP:ETH . It would be a pleasure to read your opinions about this idea.
As always, this is not a financial advice and please do your own research.
Please "Support" & "Follow" to see more of these ideas.
Goodluck
$DYDX : Cultivating Opportunity: An In-Depth AnalysisA comprehensive analysis of CRYPTOCAP:DYDX , presently valued at $2.36 as of the current writing, unveils a series of significant patterns and indicators. Most notably, an intricate Triple + Double bottom formation has materialized, complemented by a consistent series of ascending peaks and troughs in the Relative Strength Index (RSI). This steadfast progression is further underscored by the multitude of price interactions with resistance thresholds. Contextualized within the backdrop of Bitcoin's lateral or ascending movement, discernible price milestones come into focus, including $2.92, $3.70, and $4.52. Beyond these intermediate benchmarks, the prospect of a substantial surge, potentially reaching $6, emerges as a distinct possibility.
#NFA
BTC Weekly Analysis: Breaking Trendlines & Anticipated Targets A comprehensive examination of Bitcoin's recent performance reveals a noteworthy development: its current valuation stands at $29,700, having breached a significant weekly trendline. This breach suggests a potential trajectory, with the immediate target identified at $31,818, followed by a subsequent level at $34,083. However, it's important to acknowledge the potential for a retracement to $29,038, though such a move is considered less probable at this juncture.
I'm looking for it to complete a Three-Drives-Pattern to the high.
#NFA
Outlook for BTC (1h TF) Going to $24k-$25kRecently BTC price has dropped breaking the 1D major support, we need to wait for a retest to confirm that this support is strong and could enter a position after a confirmation has appeared. $27000-$27300 could be a consideration for a short position because there are a 1D supply zone and major support.
BTC Mid-Term Outlook To Reach $24k-$25kIn this short time, BTC will make a minor upward correction to $28350-$28500 (supply zone) before pushing back down to $24000-$25000 (demand zone) which means that we can assume that the price will reject that supply zone with 0.5 fib retracements and retest the symmetrical triangle pattern.
This confluence shows a confirmation of bear signals which means that for mid-term BTC outlook will continue to push down after a minor upward to fulfill the order in the supply zone ($28350-$28500).
Perpetual We saw the BTCUSDT is rejected from 27700 as prediction..not exact prediction but we told for 28K we have to break 27700. BTC at this level retesting 27400 and if it can break the line for the second time we will go to test 27700 and 27400 is the Support line cause if you look carefully to chart you will see the Support line at 27400. Wait till get confirmation, if we can break 27400 and close 1H above it we can Long it to the 27700 again.. if not, it's good for Short the BTC from 27280 to under the 27K.