Injective is one of the famous pioneers of layer-one blockchain for finance, in which user can build and use the Web3 applications. Anyway, Injective also was the first (or one of the first) altcoin which started the next upward/impulse wave sooner than others; and it seems INJ is making an inverted harmonic pattern. If this harmonic pattern takes place, major...
DODO which makes DeFi liquidity more accessible, uses its own proactive market-maker algorithm to offer better liquidity and price stability instead of automated market makers, which many other DEXs use. Anyway, DODO has been in a downtrend for a while. However, recently the price has broken the downtrend line upward and then retracted to make another minor...
Akash Network is an open network that lets users buy and sell computing resources securely and efficiently. Purpose-built for public utility. Leveraging the power of blockchain technology, Akash Network has developed an open-source, decentralized marketplace for cloud computing, offering an unprecedented level of speed, efficiency, and affordability. Anyway, AKT...
LSS has been moving down in a descending channel. Once again the price has reached the upper line of the channel. If the channel breaks, a major ascending wave can be expected.
BENQI is a decentralized noncustodial liquidity market as well as a liquid staking protocol built on the high-speed Avalanche smart contract network. The lending protocol allows users to lend, borrow, or earn interest using their digital assets. The Liquid Staking protocol provides a solution for capital efficiency, offering users the opportunity to unlock their...
Rune is another crypto project which has great features and possibly a bright future. After the corrective wave hit 0.382 Fibonacci retracement, it seems Rune is oscillating. It is too soon to conclude that the corrective wave is finished, it might go further down. However, there are two lines, one horizontal and another a downtrend, which can help us figure this...
Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment. Anyway, Moonbeam been in a downtrend since the beginning. Recently, it seems GLMR made a reversal and now breaking major horizontal area. If successful,...
Solana needs no introduction as this coin has already proven to be on many people's popular lists. Besides its high-volume trading and great features, its technical analysis is also interesting. After Solana's upward wave finished, a corrective wave, a long one, started. Now, it seems the corrective wave has ended at 0.5 Fibonacci retracement. Also, the correction...
Enjin is moving in an ascending, wide channel. Recently, the harmonic pattern ended, and ENJ broke the downtrend line too. Then ENJ reached the bottom of the channel and bounced off it. Let's hope ENJ breaks the minor downtrend line and see what happens.
Stargate Finance chart is interesting; an ascending channel in which STG bounces off from lower and upper lines. Also, it seems the previous two sharp uptrend waves were followed by downtrend waves which unfolded in curved way. Could the trend be repeated and we see another sharp uptrend wave? Let's see what happens.
MovieBloc is a decentralized movie and content distribution platform driven by the Korean video streaming platform Pandora TV. Anyway, MBL has formed a big triangle pattern and it seems a strong upward wave has started from the bottom of this pattern and going up. Let's see if MBL can break this triangle upward or not.
DigiByte is an open source blockchain and asset creation platform and the DGB token was mined as a fork of Bitcoin. DigiByte consists of three layers: a smart contract “App Store,” a public ledger and the core protocol featuring nodes communicating to relay transactions. Anyway, it is clear that DGB was in a descendig channel/trend. After DGB broke the major...
WIN or WINk is somewhat between a coin and meme. There are not enough description on what this project offers. Anyway, in crypto market price going up or down can have nothing to do with the project itself! After a huge pump in price, Wink entered a corrective wave which seems close to finish. A harmonic pattern has formed and price came down and reached the...
xMoney or formerly known as Utrust, is a platform whose main goal is to build a system that will enable fast and seamless crypto transactions at lower fees, therefore allowing merchants to reach a large audience of crypto holders. Anyway, it is clear that UTK was moving downward in a descending triangle pattern, a big one. Recently, UTK broke this triangle upward...
Verge is a project based on the Bitcoin source code that is focused on privacy and stealth transactions. Anyway, XVG has been in a downtrend almost since the beginning. As can be seen, when XVG broke the second downtrend line, a strong upward wave started. Now, Verge is oscillating in a sideways channel. Let's see when XVG breaks this area upward.
Carbon browser claims it is faster than competitors, takes less space on your device, and provides smooth browsing. Anyway, like many new crypto projects, CSIX entered a downtrend move from the beginning. Now, it seems price is trying to break the downtrend line. Let's see what happens.
LINK doesn't need any introduction; it has a great project, a great community, and has also given great growth. It seems the corrective wave has ended at 0.382 Fibonacci retracement and now the price is about to break the consolidation triangle-shaped area. Let's see how things unfold.
USD Tether, or USDT, came into existence as a digital version of the U.S. dollar, and it succeeded. USDT is pegged to the U.S. dollar and is the top and most used stable coin in the crypto market. USDT is also being used for transferring money or other means of payment, although mostly in the crypto market. Many others tried to capture a piece of this huge market:...