Vechain analysis is simple; an upward move followed by a corrective downward move which came down in a channel. Then the price broke the downtrend channel and it seems the next impulse wave has started. Let's see what happens.
PEPE is a meme coin launched on Ethereum that gained popularity and resulted in high-volume trades. If Pepe maintains this high-volume trade, future growth will happen; most probably. Currently, Pepe is in a downtrend move and has to wait for the price to break the downtrend line. Two possible scenarios are depicted on the chart. Let's see what happens. P.S. PEPE...
NEAR Protocol is a cloud computing layer-one blockchain platform that provides useful features. It seems a big harmonic pattern has ended as price broke the downtrend line. Still, there are two lines that price needs to break upward in order for the uptrend to be confirmed. First is the minor downtrend line and second, and more important, is the horizontal...
Optimism is a layer-two blockchain on top of Ethereum which uses Optimistic Rollups to scale the Ethereum ecosystem. The project is new and there are not enough candles to draw the big picture. But anyway, it seems a triangle pattern with ABCDE waves is forming, so have to wait and see when the current corrective wave end and ride the 5th wave to the top. Let's...
If we look at the Rose behavioral patterns, it looks like a sinusoidal wave in which the amplitude is increasing logarithmically. So, doing simple math, when the next sinusoidal wave starts it has to go up about 2000% 😵 What do you think?
Kadena once became so popular that its price exploded upward. After that, not surprisingly, KDA entered a corrective wave, a long one. It seems the corrective wave have rested at 0.786 Fibonacci level and is consolidating in a rectangle shaped pattern. Also, an A-B-C pattern might unfold; if true and C=A, this means price sharp upward move could be experienced...
It seems Floki has started an uptrend wave weeks ago, when in January it broke the long triangular pattern and then pumped up. After that, Floki entered a correction wave which unfolded in a symmetrical triangle pattern; again. Moreover, recently price broke the corrective triangle pattern, thus another impulse wave is not far off. P.S. Be aware that Floki is a...
At first, it was called Bitcoin Cash ABC (BCHA), which was a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). Then rebranded to eCash (XEC). Maybe the eponym similarity to Bitcoin Cash is causing this token to become popular and thus rise upward. Let's see what happens.
Mina protocol is said to be the world’s lightest blockchain; its size remains only 22 KB! Regardless of how many transactions are performed on the network. Anyway, MINA chart is interesting-like its size-there are three lines closing toward each other that shows compression. We have to wait and see if this compression can result in an upward movement or not. Let's...
Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices. If you look at the network coverage on their website you would be amazed at how far they have come; some regions are bright as the fourth of July. But still, there are so many regions left to cover and many works need to be done. Also, the latest delisting news of HNT may...
NAKA has been quietly making progress, updating, and expanding its project. Its price too; broke the downtrend line, starting an upward move, and now consolidating/resting below the horizontal resistance line. If this line breaks upward, continuation expected. Let's see what happens.
ICP project was announced with great fanfare and promised great features. However, ICP's price was in a long downtrend until recently when price broke the downtrend line and made a higher high and a higher low. It's too soon to surmise the major trend reversal has happened since at least another higher high and higher low is needed. Let's see what happens.
Curve Finance is an Automated Market Maker based Decentralized Exchange (DEX) that focuses on allowing users to swap between assets that have very similar underlying value at the lowest slippage. Anyway, it seems CRV is oscillating in a wide sideways channel. Currently, CRV is at the bottom of this channel, a good place for both spot and future traders to...
JUST is a decentralized finance ecosystem built for the TRON blockchain. It is a decentralized stablecoin lending platform known as JustStable in which users can deposit supported collateral tokens and then mint and withdraw USDJ. Anyway, JST behavior is straightforward: an upward phase followed by a correction phase, which ended at 0.618 Fib retracement. After...
After AUCTION broke the downtrend line, went up 1000% and now correction is unfolding in a triangle pattern. It seems, AUCTION is aiming for the ATH area that definitely will act as a major resistance. AUCTION would be free If break this area successfully, as there are no resistances. Let's see what happens.
Chumbi Valley is an RPG Play-to-Earn blockchain game based on NFT creatures. Though at first, it was very popular; but as its price continued the downward path so did its popularity. Anyway, it seems price has broken the downtrend line and now a harmonic pattern might be forming. Let's see what happens. Note: the 24h volume is very low thus trading this coin is...
Core is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications. The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake. Anyway, CORE...
SingularityNET is a blockchain-powered platform that allows anybody to easily utilize various AI services. Anyway, as it can be seen from the chart, AGIX been in a downward and when AGIX broke the downtrend line, a strong upward wave started. After AGIX's price reached an all-time high, it went into a corrective phase that seems reached a horizontal support area...