Render might be a good pick here to ride the revitalized AI trend. An aggressive entry would be on a pullback to the MA-50. A safe entry would be on a retest of the former resistance area.
I think ENA will go up next year but is due for a correction at the start of the year. The price recently broke below its diagonal support line and is now testing this same line as resistance - a classic bearish signal. Based on typical crypto patterns, we're likely to see a pullback to the second support zone (marked by the orange box) before any significant...
Mantle has broken out of its triangle pattern and shows remarkable strength despite the overall weak market. This unusual performance might suggest insiders are aware of upcoming positive news, or something is happening I am not aware of.
DOGE looks weak, like most other meme coins do. It's currently retesting the former trading range from below, which is a bearish signal. It might pull up first and then go down, or go straight down, but I think the direction is down. The exact target of the short is hard to determine as it went up so fast and there isn't a lot of structure in the chart. I would...
Phala recently partnered with ai16z, the AI agent framework, and they will launch version 2.0 of their network next year. The chart has held its bear market lows and looks okay. Though I would wait for a safer entry on the retest of the breakout in the green box.
Fartcoin had a phenomenal run, but I believe the party is over and it's time to short. The target for this short position is the consolidation area in the lower green box. The trade will be invalidated if price closes above the red line.
Nvidia's stock might have reached its peak. While Ethereum hasn't performed well in recent months, this could change soon and the Ethereum ETFs might attract investors who are looking to shift their money away from companies like Nvidia.
FAI, an AI Agent, trades at a $200M market cap. Reaching ai16z-level valuation could yield a 4x return and a price of $0.11. This is a high risk/reward trade, especially considering current market weakness - size accordingly!
I expect Chainlink (LINK) to drop into the green zone in the coming weeks. As a major DeFi infrastructure token, this dip should present an ideal opportunity to accumulate some for long term holding.
I think Bitcoin will soon approach an intermediate top. This could trigger a broader altcoin correction. Given Virtuals' recent strong gains, a temporary pullback seems likely.
Helium, a decentralized wireless connectivity network, is shaping up nicely on good volume here. Maybe wait for a Bitcoin pullback to enter; the optimal entry point is in the green box along the diagonal support line.
With the PENGU airdrop approaching, we could see a (modest) resurgence in NFTs, potentially boosting the performance of NFT-related tokens.
AI16Z, the token of an AI agent, had its run but is now showing a bearish divergence on the WaveTrend indicator. I think it's time for a pullback.
The actual rumor is that Trump's World Liberty Financial is buying Ethena after Aave. The chart looks promising.
Kamino, a yield farming platform on Solana, seems to know only one direction - up! Kamino is also part of the core portfolio of Multicoin, a Venture Capital Fund.
USUL is a coin in the Real World Assets (RWA) category. It's similar to but smaller than Ondo. It's already doing very well, and I think it will continue to perform well in the future. An aggressive entry would be right here, near the pullback to the daily 10-day moving average. A conservative entry, with the risk of missing out, would be in the Fibonacci...
My plan for Cardano is as follows: a pullback up, followed by a drop down to the Anchored VWAP to shake everybody out, and then a continuation of the uptrend.
XRP had a nice rise, but looks ready for a pullback. Looking to short with a target of $1.40, where we have both the last consolidation zone and anchored VWAP meeting up.