SOUL
SOUL & RMRK about to move!After concluding the BTC bounce is here, I did some research for some potential heavy mover in the lower capped coins with a solid fundamental basis and I found two projects: SOUL & RMRK. Both are NFT infrastructure projects with solid exposure, tech and great token economics where most if not all tokens are distributed. SOUL is doing great and forming a cup and handle with a breakout target towards 5 dollar (about 60%) and RMRK could even do better if it manages to hold previous resistance as support; with an impulse target of 150 to 180%. Both projects are in the 300M market cap area and have ways to go...
For sure, lets keep an eye on BTC but I do not expect anything major for this week and possibly till the end of January. Seems like BTC is doing what I expected in the linked idea below. RSI on both coins looks healthy with bullish divergences and room to grow.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Bullish Cypher on SOUL for potential 70% UpsideWe are currently sitting right where we need to be in order to see this harmonic play out, we have already seen the initial impulse reaction followed by the retrace, which is where we are currently at right now. Everything still depends on bitcoin not dumping, however. Targets are in yellow, stop loss is in red. We just saw a similar play play out on FLUX.
$SOUL/USDT 12h (KuCoin) Bull pennant near breakoutPhantasma is up-trending above 100EMA support and has formed a bullish continuation pattern, let's join on next dip!
Risk/Reward= 1:2 | 1:3.82 | 1:7.6
Expected Profit= +44.18% | +84.57% | +168.30%
Possible Loss= -22.14%
Fib. Retracement= 0.786 | 1.117 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Website: phantasma.io
Contracts:
#ERC20 0x79c75e2e8720b39e258f41c37cc4f309e0b0ff80
#BEP20 0xc3adbf524513863102df6784e1ab5652165c7912
#Neo ed07cffad18f1308db51920d99a2af60ac66a7b3
⚡️⚡️ #SOUL/USDT ⚡️⚡️
Exchanges: KuCoin
Signal Type: Regular
Current Price:
2.5122
Entry Zone:
2.4976 - 2.1934
Take-Profit Targets:
1) 3.3818
2) 4.3292
3) 6.2929
Stop Targets:
1) 1.8261
Hidden Gem: Phantasma SOULPROJECT: phantasma.io
STATS: coinmarketcap.com
Phantasma’s SOUL token is in a prime entry position with the potential to do 2x on the way to last ATH, with strong potential to go beyond. The project was established in 2019 and has fulfilled its roadmap, and produced valuable dApps that address some of the largest issues on Ethereum (gas fees) and for crypto in general (energy use). Gas fees are reduced by using the BNB blockchain, and the project is verifiably carbon neutral and prioritizes renewable energy.
SOUL token presents an opportunity for huge potential profits. Phantasma has relevant utility via active wallets, NFT marketplace, and a platform built for gaming. Phantasma is on a path to fully integrating its gaming ecosystem with Steam, one of the largest streaming services in the world.
Phantasma’s market cap is still so low that doing a 10x growth in market cap (and price) is reasonable within the current market environment. Compared to the market cap of similar projects, a 10x increase is also reasonable given the explosive growth of NFTs, blockchain, and metaverse gaming. Market place includes a gaming ecosystem, NFTs, and is a sustainability-focused project.
Game / Metaverse tokens that could still explode!I made a list of low (and one big) cap game / metaverse tokens that can absolutely blow up in the coming weeks! I thought it would be cool to share it with you all because its madness right now with the gaming / metaverse scene and I do not expect it to stop anytime soon. This is NOT financial advice though and I do NOT advice to bet the house on these tokens, a small allocation of your portfolio in these tokens could provide some welcome upside.
I am not going to dive into the fundamentals or background of these tokens because I want you to do your own research and not buy because I say so. What I say is that you could research this list and see if you like it. That's it. I did not include GALA and SAND because my gut says they might face a correction soon and I feel MANA could still run but that's just me. I think all of these are set to break their ATH this or next week, which usually indicates a pump. Do note that low caps have increased potential risk but also increased potential gains!
NOTE: I will make another list of other tokens I bought recently, both big, mid and small caps.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Phantasma the little gem that started to shineSOUL recently got a new USDT pair on Kucoin and essentially since then it has started a pretty serious strong trend. In USD terms it perfectly retest the 0.3 level which was a key breakout level and bounced really hard. The coins that have bounced the hardest after a big dip are usually the ones that do the best in the next few days / weeks.
Phantasma has had this perfect accumulation in BTC terms for so long and is definitely still somewhat cheap or fairly priced vs BTC. In my opinion its chart looks a bit like DERO, DAG and several other Kucoin gems, however its at the early stages before a mega pump. It's super clean and super strong, a perfect accumulation chart.
It is also an NFT related coin/token that hasn't had a huge pump yet and is one of the very few that didn't crash badly in this correction. In my opinion NFT related tokens still have a lot of potential although they might take the backseat for a bit longer, but some of these coins/tokens will do very well and SOUL is on of them.
Phantasma Breaks Downtrend (133% Target Mapped)About Phantasma
Phantasma describes itself as a fast, secure, and scalable blockchain solution that allows developers to build decentralized applications (dapps) and facilitate interoperability with other blockchains while maintaining a decentralized governance system.
Source: coinmarketcap.com
Website: phantasma.io/
Here we have the chart for Phantasma vs Bitcoin on KuCoin, which goes by the trading pair SOULBTC.
Here we have one major signal to look at and that is the broken downtrend.
Notice the purple trendline has been active since Sept. 2019.
With this level now conquered, SOULBTC can easily grow.
We also have the MACD and RSI both looking really, really strong.
Remember to build a plan/strategy if you decide to trade.
Thanks a lot for your support.
Namaste.