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Bitcoin Analysis
We still believe that BTC should retest $39,000 and drop, the retest on the trend is not guaranteed, but the pullback to the downside possibility is so high.
(Red horizontal lines are weekly levels of resistance.)
$SOLUSDT 4HR
SOLUSDT will notice a pullback to the upside soon, once we retest the trend or when we retest the level of support that's around the price of $52.5 or $50 before seeing a pullback to the upside
Dogecoin Fear and Greed Index is 66 - Greed
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Here’s a list of 10 micro caps altcoins i think can 50x to 300x in the next crypto Gems💎!
Anyway, let’s start:
1: $CDT
Checkdot brings Security and Comfort to institutions, DeFi users and developers by protecting their assets and infrastructure against numerous threats. I really love the utility. Easy 200x in the bullrun.
2: $BLANK
BlockWallet is the epitome of speed, reliability, security, and privacy in the world of digital assets. As a self-custodial Web3 wallet, it empowers you to truly own your digital currencies while eliminating concerns surrounding asset management. This is one of my favorite web3 wallet, i use it all the time. Easy 200-300x IMO.
3: $NAKA
Nakamoto Games is a play-to-earn gaming platform offering multiple fun and addictive crypto games. The platform will bring massive earning opportunities to both gamers and non-gamers as we expect crypto gaming will continue to grow. Easy 50-60x.
4: $MYRIA
Myria is an Ethereum Layer 2 scaling solution, purpose built to scale NFTs, blockchain gaming and more. Basically, developers can launch their own game on it. Easy 50-60x.
5: $VRA
Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Easy 50x.
6: $GFAL
Founded by seasoned industry experts, Games for a Living (GFAL) stands at the forefront of game development and publishing. Using the latest technology, it crafts innovative, engaging, and timeless experiences. Easy 60-70x.
7: $ROUTE
My favorite interoperability project. 30x smaller than $QNT so the upside potential is higher. I believe Router Protocol is the next $MATIC, it’s been in the accumulation zone for over 2 years. Easy 100x in the bullrun.
8: $SKL
Skale Network is the world’s fastest blockchain designed for fast, secure, user-centric ethereum scaling. I’m extra bullish on this one.
9: $DIONE
I bought into this because their marketing is the best, and in crypto, marketing is #1 to keep a project alive. I really love the technology tho, and the L2 energy efficient narrative, easy 100x.
10: $QUBIC
Qubic Network is a revolutionary crypto platform that's reshaping the digital landscape. It’s a new L1 blockchain. This could be the next kaspa. Easy 50-100x.
That’s it, i hope you guys enjoyed the reading and make sure to do some research on those gems! They have alot of potential.
$SHIBUSDT 4HR
Broke below support, currently retesting it, also has formed a downtrend, currently rejecting off of both. Expecting to see a continuation to the downside from here.
Top Trending Coins for Today: CTC, SELO, ROAR, PYTH, and SOL
The current compilation of trending coins is marked by the emergence of several new markets that have secured prominent positions on the list. Notably, Solana stands out as the sole market from last week’s contenders that continues to maintain its presence on the list. Despite facing stiff competition, Solana is resiliently holding the fifth position, and it the most valuable market among its counterparts in this trending coin lineup.
The bearish phase in the Creditcoin market concluded in October, finding a strong support level at $0.13, which acted as a pivotal barrier against further downward trends. Subsequently, bullish momentum gained traction, propelling the market towards the $0.200 price level.
BTC/USDT ANALYSIS
BTC experienced a bullish weekly candle close, yet faced rejection at the horizontal resistance of the ascending triangle. The RSI is trending towards the oversold region, indicating potential consolidation within the triangle until a definitive breakout occurs.
Ethereum Fear and Greed Index is 63 - Greed
Current price: $2,021
LTC Daily Technical Outlook:
$LTC closed indecisively today and is still trading above the $68.00 area. I expect a move towards $80.00 from this zone. My focus will be on the intraday chart formation tomorrow to get a scalp.
$APE Analysis
Daily TF - Inverse Head and Shoulders, price continue to push higher max target +80%.
LINK Daily Technical Outlook:
$LINK closed indecisively and the next move will rely on the market. My focus will be on the intraday chart tomorrow to get a quick scalp if we get enough volatility led by Bitcoin.
BTC/USDT ANALYSIS
BTC has broken out of the symmetrical triangle with a substantial increase in volume. The Ichimoku cloud indicates a bullish trend.
Presently, it is undergoing a retest above the cloud, and a successful retest would serve as a robust confirmation of the bullish sentiment. Conversely, a failed retest could signal the potential for further consolidation within the triangle.
Ethereum Fear and Greed Index is 68 ~ Greed
Current price: $2,081
LINK Daily Technical Outlook:
$LINK closed indecisively and we should see further upside momentum from the current location tomorrow towards $16.50. My focus will be on the intraday chart tomorrow to get a quick scalp.
Ethereum Fear and Greed Index is 64 - Greed
Current price: $2,031
Here's a list of 10 projects not alot of people know about!
Let’s start:
1: $XODEX
XODEX is a zero-gas ecosystem, embodying a high-speed blockchain, decentralized exchange, launchpad, DeFi protocols, NFT projects, dApps, gameFI and AI intergration. Easy 200-300x in the bullrun.
2: $AZERO
Aleph Zero is privacy-enhancing layer 1 blockchain, engineered for speed, achieving efficiencies akin to conventional web2 systems. It upholds rigorous standards for data privacy and transaction security, while aiming for genuine decentralization over time. Aleph Zero’s versatility is highlighted by over 40 use cases being actively developed, showcasing its adaptability across various sectors and applications.
3: $MASQ
MASQ combines the benefits of VPN and Tor technology, to create a superior next-generation privacy software, where users are rewarded for supporting an uncensored, global web.
4: $VRA
Verasity is a Protocol and Product Layer Platform for Esports and Video Entertainment. It's mission is to significantly increase advertising revenues for video publishers on any video platform through its rewarded player and ad stack utilizing its patented protocol layer on the blockchain - Proof of View.
5: $ATOR
ATOR empowers The Onion Router (Tor) through on-chain incentives, and facilitates wider adoption of secure network relay protocols through hardware products.
6: $DIONE
Dione is the native token for the Dione Protocol; an ecosystem with the goal of improving the ease of the purchase of Decentralized tokens for the general public. Dione puts major focus on the development of bridging the gap between real world issues and the DeFi space - creating a system powered by renewable energy.
7: $DAG
Constellation (DAG) is a protocol that uses a directed acyclic graph architecture to achieve a consensus that is, in theory, is capable of infinite scalability. With the DAG protocol and custom state channels, Constellation is driving the evolution of smart contracts by allowing data sources to be integrated into distributed ledger technology (DLT).
8: $ROUTE
Router Protocol is a crosschain-liquidity aggregator platform that was built to seamlessly provide bridging infrastructure between current and emerging Layer 1 and Layer 2 blockchain solutions.
9: $WOO
WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost.
10: $ROSE
Oasis is the leading privacy-enabled and scalable layer-1 blockchain network. It combines high throughput and low gas fees with secure architecture to provide a next-generation foundation for Web3 and will power DeFi, GameFi, NFTs, Metaverse, Data tokenization and Data DAOs.
That’s it, i hope you enjoyed this post!
We've got a perfect example of a market surge right here! It's like a crowd of people suddenly rushing in one direction. The chart shows prices were calm, and then boom – they jumped up, with lots of action behind it. That's what we call a breakout with volume!
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Daily Crypto Overview
Bitcoin: $37,357.33 (⬇️ -1.07%)
Ethereum: $2,048.89 (⬇️ -1.55%)
Bitcoin Fear and Greed Index: 66 Greed 🙂
Major bias for Bitcoin in the past 7 days: 🐂 Bullish
Trending Coins (Top gainers & losers)
AXS: -0.30% ⬆️
GRT: -2.65% ⬆️
ZRX: -0.92% ⬇️
ALICE: -4.35% ⬇️
Today's highlights
Circle and SBI Holdings partner to boost USDC circulation in Japan
- Cointelegraph
Binance's Changpeng 'CZ' Zhao is a Manageable Flight Risk: U.S. DOJ - Coindesk
$ORDIUSDT 4HR
Currently forming a head and shoulders pattern, expecting to see a breakout from below of the neckline where we will see reversal to the downside.
Ethereum Fear and Greed Index is 61 — Greed
Current price: $2,024
AXS/USDT ANALYSIS
AXS has broken out of the cup and handle pattern with significant volume. Currently, it is undergoing a retest, and a successful retest would serve as bullish confirmation. However, in the event of a failed retest, a retracement can be anticipated.
TOTAL MARKET CAP ANALYSIS
The total market cap is currently trading above a key horizontal support level. Additionally, it has successfully broken out above the MA 100, signaling a bullish trend. The MACD crossover further indicates strong bullish momentum.
It is crucial to monitor the weekly candle closing for confirmation. In the event of a correction, the market is likely to retest the aforementioned horizontal support.
ETH Daily Technical Outlook:
$ETH closed indecisively and we should see a further upside move from this region in the coming week towards $2,250. I’ll carefully monitor the intraday chart volatility tomorrow to get another trade as our current trade is secured.
$MANA Analysis
Daily TF - Falling Wedge was broken we continue Bullish targeting the Highs
Bullish move + 175%.
Bitcoin Fear and Greed Index is 73 ~ Greed
Current price: $37,785
ADA/USDT ANALYSIS
ADA is retesting above the falling wedge after a successful breakout. The Ichimoku cloud is acting as support. MA 200 is currently acting as resistance. A successful retest or a break above the MA 200 would be the confirmation of an upward move.
BTC DOMINANCE ANALYSIS
The BTC.D is currently exhibiting a movement within a rising wedge pattern, suggesting the potential for a breakdown. From a technical standpoint, a rising wedge is generally considered a bearish pattern. A sustained breakdown of the rising wedge would serve as confirmation of the bearish outlook for BTC.D.
Should BTC.D decline while BTC experiences upward movement or moves sideways, this could be interpreted as a signal for a bullish trend in altcoins. Such a scenario suggests that capital is flowing into altcoins, indicating a potential bull run in the altcoin market.
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XRP Daily Technical Outlook:
$XRP closed indecisively today but XRPBTC’s double bottom should keep the upside pressure on XRP too when it moves. My focus will be on the intraday chart tomorrow to get a quick scalp.
$ONG Analysis
Weekly TF - Next week Bullish week pushing price higher and going for Full target +220%.