NFT/USDT 1D. Secondary trend. Wedge. APENFT. Justin Sun.NFT/USDT 1D. Secondary trend chart.
In the secondary trend we can observe the falling wedge forming.
In this wedge we've seen couple local downtrends forming, which are shown on the chart here.
Another such local downtrendline(red on chart) has been formed on broken above. As for now the price is in the consolidation and is moving in the small range between the levels 0.0...31 and 0.0000..88.
There's potential double bottom forming. The base of it is 14%(balance).
Notice that this is TRX's groups of tokens. I.e. Justin Sun's one. This coins like to sometimes move against the market.
The potentials above and below are shown on the chart.
It's quite likely we ain't gonna see really big move quite soon. Only local movements probably, but when the time comes it can move pretty huge.
Also notice that as the price drops(if it happens) - the targets are also obviously moving with the price. But with the time goes by, i think that in a half year - year there's a big probability of this falling wedge targets working out.
Notice also that there's some insignificant volume increase recently.
NFTUSDT
APENFT Idea for buyers!Hey traders!
This chart doesn't have a complicated explanation or complicated analysis, we just have to wait for the release of buying potential and probably we face a quick price jump.
If the position activates, don't be greedy and exit at the 2nd target! :)
Good luck
KUCOIN:NFTUSDT
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
NFTUSDT IdeaNFTUSDT Idea | NFTUSD| NFT vs US Dollar | NFT vs USDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Is NFTfi the future for the crypto?In 2020-2021, DeFi was the main driver of market growth and bull cycle development, giving users more uses for tokens and opportunities for users to earn. DeFi will likely no longer be able to give the same opportunities to the crypto market due to the lack of implementation of new breakthrough concepts. The only thing DeFi apps can do is to give a lighter user experience, but that probably won't have the same effect as in 2020-2021
But there is another sector which can repeat and is likely to surpass everything which was given by DeFi. Is it really NFTfi?
Let’s go step by step:
1. DeFi were created for ERC-20 to give the users more opportunities to use it. NFTfi are created with the similar aim, but for the ERC-721/ERC-1155 standard tokens.
2. ERC-20 is the project tokens based on a blockchain. ERC-721/ERC-1155 are the project tokens based on a blockchain.
3. The projects, which had the ERC-20 tokens, have their own products and applications. We can say the same about the ERC-721/ERC-1155 tokens.
At first sight, we see that these two sectors are identical to each other.
Why can the NFTfi and ERC-721/ERC-1155 tokens give the market much more than DeFi and ERC-20 could?
ERC-721/ERC-1155 is a natively more understandable technology: trading pictures with a monkey is more understandable than trading token SocialFi platform or AI solution.
NFT is a more scalable technology as it allows you to tokenize a single cluster, whose object has unique properties and cannot be evaluated like any other object within the cluster. For example, real estate, premium and unique accessories, resource deposits and other.
It is much easier to make convenient and simple NFTfi applications for NFT.
NFTfi is the same as DeFi, not for common tokens but for unique assets. NFTfi gives all the same application options as DeFi: loans, credits, p2p exchanges, liquidity pools, decentralized futures etc.
At the moment the most promising and largest sector within NFTfi is NFT lending. NFT lending are products that allow NFT owners to borrow and lend. Lending is the first level of the whole financial system, just like TradFi, then DeFi and now NFTfi.
A brief review of the TOP 5 products of the NFTfi sector for traders
BendDAO ($BEND)
TVL: $187m
Price: $0.024
ATH price: $0.069
Market.cap: $9.3m
FDMC: $243m
ParaSpace (no tokens)
TVL: $37.7m
Jpeg’d ($JPEG)
TVL: $23m
Price: $0.0013
ATH price: $0.0066
Market.cap: $27m
FDMC: $92m
NFTfi (no tokens)
TVL: $10m
Frakt ($FRAKT)
TVL: $6.6m
Price: $0.1$
ATH price: $2.4
Market.cap: $487k
FDMC: $5m
As we can see, almost all projects from the NFT lending sector are undervalued by the market. TVL of projects which have a token is higher than the current market capitalization, and for Frakt it is even higher than the total capitalization. Two of the top-5 projects currently don't even have a token. Moreover, it's worth mentioning that many cutting-edge and exploding products are also still under construction.
Conclusion
Now we can conclude that the NFTfi market is severely underestimated, considering that the NFT sector takes about 50% of all transaction turnover on Ethereum, for example, and Solana got users and developed as a project only through NFT.
If the idea was interesting, give us a rocket and express your opinion on the topic. Soon we will post a second part of it, where we will look at other projects and mention the ones that may become the leaders of the market after the launch. Stay tuned!
APENFT shining star with high protentional 🚀Hello, today I want to analyse this token fundamentally and technically ✔️
based on the chart
the price is close to channel resistance, and we can see an appropriate amount of the volume for the price ✔️
if
this volume continues, and the price breaks the channel resistance to the upside, we can see more gain 🚀
this token fundamentally
has wonderful potential and great future plan for NFT world 🌟⭐
we
expect great pump for the price 🚀
NFTUSDT Possible symmetrical triangleWhat we have here is a symmetrical triangle. we maybe super lucky and
have 2 long opportunities.
The first long would be when price drops to the lower trendline of the pattern.
long there if price makes it with minimum risk. ALWAYS USE STOP LOSS.
the second entry would be the breakout of the pattern. but we buy (BCR)
BREAKOUT,CLOSE,RE TEST. WE BUY THE RETEST OF THE BREAKOUT, in case its a fake out we take on minimum risk.
so there's the strategy. trade safe.
NFTUSDT.NFTHello, dear friends. Everything is clear on the chart. We are currently in a very strong position and we are expected to experience a good climb from here. We had a long-term uptrend that broke and the price did not return.
You must save profit on specific TPs in the chart
Target one: 0.000002137
Target II: 0.000003342
Target III: 0.0000041
If you have a specific question or analysis, be sure to comment.
With thanks for your attention
NFT Viewers - Art BlocksArt Blocks provides artists a NFT platform to share and sell their artwork
NFT's have been around for awhile yet most are very new to this space
I just wanted to provide some insight around Art Blocks and the potential the project has in the NFT game
On all time volume on OpenSea Art Blocks Curated is very high in the rankings, yet on lower timeframes it is almost dismissed, as many follow PFP projects
For a long term project it has great potential and will provide fine art for all
Gem Section 💎APENFT #1Hello traders,
this is Illyrian Trader with my gem 💎 section to hold for good returns in 1-2 years.
According to cmc :
APENFT was officially registered in Singapore on March 29, 2021 to meet opportunities and address pain points in the industry.
Core businesses of APENFT include: investing in top NFT platforms and artworks, incubating leading NFT artists to build a bridge between world-class artists and the NFT world; sponsoring galleries, organizing art exhibitions or publications, and setting up awards to support art creation and criticism; establishing art collections, etc.
By applying blockchain technology into the NFT world, APENFT Fund expands the use cases of blockchain. The Fund purchases well-known traditional and NFT artworks as underlying assets, and works to improve the NFT trading standard. It provides support to government agencies, universities, lawyers and industry elites in issuing policies that govern the healthy development of the industry.
There are now three major use cases in the blockchain industry, namely value exchange, collaboration, and record-keeping. The unique NFT fits in all three of the use cases. It is not only a hot trend in the blockchain industry but also a critical element that is very likely to revolutionize the industry and take it to the next level. As a blockchain enterprise, APENFT will invest in artworks and promote traditional and digital art by leveraging its strengths in technology, market, industry and policy research, with the aim of introducing blockchain into diverse use cases.
Check the conditions APENFTEach path I have identified, what percentage is likely to occur, I write below, but know that these three lines, which I marked with three different colors, are important and key lines in the continuation of the short-term trend of this currency.
1. 40 %
2. 20 %
3. 40 %
The bottom line is naturally the best entry point
SIGNIFICANT SUPPORT FOR NFT !!!-----------------------
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The NFT currency has reached its most important support due to the recent sharp and significant market collapse. The above scenario is just a possibility and assumption and will be done if the bitcoin correction process is completed.
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*Sl: daily candle closed under the 0.000001555
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Governments to clampdown on NFTs 2022 – Hoskinson predictsFounder and developer of Cardano, Charles Hoskinson has predicted that in 2022 and beyond, governments and regulators are going to clamp down on Non-Fungible tokens (NFTs) similar to how they’ve acted with cryptocurrencies and Initial Coin Offerings (ICOs).
Hoskinson predicted in a YouTube video on the eve of 2022 while speaking about the Cardano project and crypto industry entirely.
He expressed confidence that 2022 would be one of the best years for Cardano, outlining that the system has made a lot of progress with affiliates and community projects.
The mathematician said 120,000 people attended the Cardano summit in 2021 and people saw how the ecosystem works for themselves.
He also outlined that the market grew too quickly and that “we’re going to digest as an industry the consequences for better or worse of becoming so big so quickly.”
NFTUSDT critical resistance looking to break!Hello traders, hoping everyone had a great Christmas!
NFTUSDT
As shown above we have resistance line we have tested 3 times already
and today it is looking like we will be testing it yet again. In my opinion
there is a very high probability of seeing a breakout which will result in
a +20% move rather quickly.
Best of luck
Thanks, LiquidMEX
APENFT upside potentialMost of the APENFT team members are experts from the traditional art industry with experience in renowned art institutions, such as Christie's and Sotheby's.
Core members include professional engineers with blockchain and cryptography related experience from leading internet companies such as BAT.
APENFT is a leading player in the NFT field both in terms of its team and technical capacity.