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CHIA

Chia > $900 - $1,900🌱 (CHIA/USDT) (July 4, 2024) (#Chia #Spot) Chia is a promising cryptocurrency that I've been following for a long time, focusing on mining using hard drives. Do you remember the days of GPU mining? There was clearly collusion with Nvidia and AMD, which caused stock prices to rise, as well as Ethereum itself :). Here, the situation is similar, involving major companies like Seagate and Western Digital that produce hard drives. Why set price targets at $1000-$3000? Because there will come a time when people will be buying hard drives in stores for mining, and the payback period for the Chia coin will be 3 months. That will be the time to lock in positions. Additionally, Chia will survive crypto regulation, and they plan to go public with an IPO. Chia (CHIA) — Chia is a company that has developed a blockchain and cryptocurrency platform called Chia Network. It is an alternative to Bitcoin and other cryptocurrencies, but with a focus on energy efficiency and sustainable mining practices. ▫️ Chia can be obtained through farming, which involves using storage space instead of computational power to secure the network. Additionally, Chia has a strong community of users and has gained recognition in the academic field through various papers and presentations. 🕵️ Investors (Tier 1,2): a16z (Andreessen Horowitz, IDEO CoLab Ventures, DCM Ventures, Naval Ravikant, Slow Ventures, Greylock Partners. dropstab.com cryptorank.io 🟢 Entry price: $22.15 🟢 Take Profit 1: $900 (50%) 🟢 Take Profit 2: $1900 (50%) Chart: • Spot Market without leverage. • Trade risk set at 20% of the deposit.
Long
by UnknownUnicorn285026
5
XCH Main trend. 05/08/2024Logarithm. Time frame 1 week (no less is needed). One of the lagging cryptocurrencies. The reason is that the crowd was previously imprisoned thanks to PR by bloggers. Little by little, “faith is being killed.” It is worth paying attention to cryptocurrency, but without fanaticism, observing risk management. 🟡 Secondary trend — the price is still in the range of the accumulation channel, just over 100% of the main set zone. 🟣 Local trend —downward channel. There is a pullback from the channel resistance. Its reversal levels are indicated in yellow. It is also important to break through the resistance of the local downward channel. 📊 Volatility range of trend development now — horizontal channel range levels + fan (partial reference). 📊 After exiting the horizontal channel range (conditional set) — the main focus is on dynamic fan support and resistance zones + partially resistance levels. This is what it looks like on linear.
Long
by SpartaBTC
1
Chia XCH - stable crypto investments for a decade (10years)We are already completing a three year cycle, bitcoin has a four year cycle CHIA 3 years, this is the period during which we have seen long term accumulation. This asset can be your long-term investment. Perhaps it will replace bitcoin, it is green, used by the World Bank, Carbon Markets, etc. At the moment, you can see the hype of Chia mining in the world, come on - it's not hype, it's just dust, you'll see how it will be when chia reaches its real price.
Long
by emilio_lucky
XCH. Exit liquidity.Is it likely that the future CHIA utility will be so niche that price will not be capable of upward movement, given the constant miners pressure. Mining is about making a profit and only then maintaining the network security. The price will need to go through many trade levels since the initial move was down and the price was extremely high. Every CHIA investor must understand that you risk being stuck in an asset for years, given the vague factor of the wallets availability, which will prevail over the circulating supply by 3.5 times. If this project is successful, you will be an average investor, buyback a position over many years. Because even if active holders/CHIA supply reach parity of the circulating supply with two gigantic wallets, they can dump to 0. In order to reduce the price impact of these two giant wallets, CHIA circulating supply would need to be around 280,000,000 coins. Then you will limit the emission/influence of these wallets to 10%. But even then, their influence remains enormous. You can safely multiply future circulation by 2-3 in order to reduce the dependence of the coin price rate relative to these two wallets. Otherwise, this is not decentralization. CHIA is 5 percent from its historical bottom .
Short
by Tropnik
Chia - Long Term HoldThis one isn't so much of a technical entry as much of a long term buy and hold position. Technically this could be a right translated cycle low as we have already exceeded the previous low by a couple weeks. Chia's proof of space and time takes the best of Bitcoin and Ethereum and combines them into one block chain. They are also the only ones who did it correctly in terms of releasing the coin under the proper rule structure. Make sure you do your research on this one. Compared to the value of the Ethereum, this coin has room to really run. Cheers
by ChartDudes
Crypto Regulation is comingOne lawsuit recognizing that one of the crypto projects is an unregistered security is enough. And all those projects who did Token Sales - ICO, IDO, IEO and other, did fundraising and sold tokens to funds, did airdrops, token burning - this is all a big problem for crypto projects by the SEC(The United States Securities and Exchange Commission) Bitcoin and all bitcoin forks are commodities. TSX:XCH is a commodity And all the other projects DYOR doing their own research. Regulation is coming Best Regards EXCAVO
BINANCE:BTCUSD
by EXCAVO
30
Chia network and few words about regulationRegulations are coming, I have been talking about this for a long time, but even the projects themselves are not ready. Projects that will not be affected by the regulation are Bitcoin, Chia, Eth, Dydx, Rose, Astar, Shaiden network, Compound, Aptos, Flow, Kusama, Dot, Imx, Mina, etc.. Of course, some projects have their risks. I have an assumption that the liquidity can flow into those in which there is less risk from the regulation side. There are no public sales and initial sales of tokens in Chia . There have funds, but they had not received coins. The ideal situation for a project - no public sale and the funds are not receive tokens, and there are only farmed tokens in circulation. Who will survive the regulation is an open question, but I am sure in Bitcoin, Chia, Eth . There may be questions to the latter, but they will solve them. It all depends on the project: how ready the team for and what kind of security they have to pay the fine. To what extent they have prepared documents that their public sale took place according to a coordinated legal process, most likely Coinlist was secured by such documents. Subsequently, the projects that came out there will be legal: Flow, Mina, Near.. Rose - no public sale, just an airdrop for USDC stakers on the Coinlist platform. Astar had a lock-drop in exchange for the pledged eth and had an auction for parachains. There should be no questions about such a project. Mina - there was a public sale, but it was on the Coinlist , and maybe from a legal point of view - everything was correct. Dydx - there was no public sale, there was a private sale, and there were rewards and drops for activity. Looks more reliable than Mina, Flow, and others. Aptos - the airdrop and private sale. I can't tell you about all the projects. Do your own research. The main thing is to understand where there was no public sale (or very legally correct) and a right private sale (or better without it). There are no such projects except for CHIA . Therefore, I bought this project for 10% of the portfolio. Best regards, EXCAVO
Long
by EXCAVO
33
XCH looking good in this rangeAfter the price drops massively the first year after trading started from the low volume ~1k USD per XCH during feature trading and a peak up above 2k USD the price now is in a range between ~30 USD and ~50 USD. The network space slowly started to grow ~10% since january 2023 and can be considered stable since july 2022. The node count is ~115k (ETH ~7k, BTC ~17k). The inflation is still high with ~9k XCH per day, 1st halving is ~ Q1 2024. Meanwhile the circulating supply reaches 25% of the total supply, 75% is hold by the Chia Company. The company announced a few days ago to have submited the registration to the U.S. SEC. In my opinion that is a positive sign but it should also not be overrated at this point. They still need to build valueable partnerships and the global market may dip again. ETH could build up sell pressure or other bad news can shock that market again. On the other side people could buy crypto because they think it is worth more in the future than keeping their fiat. I also still expect the tech market to dip again and maybe the financial market too. I just hope that china does not do the russian a**h*** move and invades it's neighbors too. Climate crises also can have a bigger impact on the markets the next years than many expect. I am still surprised that people think that buying a Tesla or "green" fuel does save us from destroing our own environment we need to live in. I just hope for a bullrun or two before the people wake up. ;-) But who knows what happens next, pls tell me. ;-) As always, no financial advice.
by Just4FunTrader
Chia XCH looks for a temporary pull back and start to an uptrendDouble long-legged doji on the daily marks a potential reversal downward during the short term. Levels almost certainly to be tested: - $42.85 - $42.02 - $41.19 Top daily wick looks to have established a trend line using a pitchfork where HKEX:52 to HKEX:62 are the top-side limits on the daily. Of course a down-side risk is well in play around $30. Retesting and holding that level (or HKEX:27 at the lowest) would probably mark a bottom since a triple bottom was already plumbed in the high twenties over the past year. Chia is a blockchain founded and currently maintained by Bram Cohen (BitTorrent inventor). Chia uses proof of space, limited supply (near Bitcoin's total supply number), and low energy to offer the functionally of CRYPTOCAP:ETH with the privacy, decentralization, and scarcity of CRYPTOCAP:BTC
Long
by suddenlightness
1
Unexpected +100% - maybe more pump, or a dump back to realityI rly did not expect the XCH USD price to rise quickly that much. Maybe it happend because of the low volume and because the two quick dumps before and therefore the sell pressure was low. The general downtrend is still intact. I am curious if and when we will see a retest of the resistance arround 30 USD and if it can hold. I am also very curious how high the price can rise. I still expect a decreasing price below 20 USD in mid term because of the high supply before the first halving will happen in ~ Q1 2024. But we will see. At the moment farming is still not covering the costs for many people, even with the still decreasing netspace. This could result in more farmers to hodl and waiting for higher prices to sell at and therefore lower the real supply at the market. And AFAIK there are no major announcements in the pipeline for rly big unique features or new industrial, financial or state partners. I also don't expect the company to go public within the current global market situation. As always: No financial advice, just my thoughts.
by Just4FunTrader
it can continue like this for a whilebefore Chia could be traded, just a few weeks after the mainnet went live, people where absolute overhyped for no reasons. Thats why the price was way overrated at the features market. I told people that I would expect 20 USD. IMO there is one thing people get wrong with crypto networks again and again. They think that if the network has a big hashrate, or the hasrate rises, that the price will also rise automaticaly. But that's not true. It is mostly the opposite: If the price rises, then the hasrate will rise if it gets profitable for new miners/farmers annd existing miners/farmers to sell coins and reinvest. The demand of a coin and the supply is the only thing wich realy influences the price. The potential tradeable supply is 3363840 after 1st year. 6727680 after year two (Q1 2023) and 10091520 after year three. The market cap was ~200M for the most of the time the first year. That resulted in a Price of ~ 59 USD after the first year. The market cap was stable in comparison to other coins (but that can change fur sure). If this will stay arround that 200M the price will go down to ~29 USD in Q1 2023 and ~ 19 USD in Q1 2024. This is not a scientific calculation. Just over the thumb. The markets change, demands and tradeable supply change. (IMO there is also a decrease in supply and demand at the moment) What I expect: 1. The price falling more. I expect the bottom ~ 5 to 15 USD 2. Decreasing network size of the next year or two 3. A tech market crash within the next two years What I think is possible: 1. a FOMO bullrun before the crash with up to 10x from current price 2. Market cap could fall below 100M What Chia needs: 1. Network kept stable 2. Network size to not fall too low 3. Features and -> Adoption 4. Better software and app (IMO it is still unbelivable that it is based on Python) 5. Get into the sustainability discussion as a compromise between decentralised PoW and more centralaised and unsave PoS 6. Sustainable not hyping marketing -> Adoption Then it can break out of the top and price will rise over time. Just my 5 Cents
by Just4FunTrader
4
XCH accumulation zones and targets HUOBI:XCHUSDT Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Almost 1 year trades in downtrend. ➡️Since June 2021 under 0 lvl by FIB ➡️-0.18 lvl and -0.27 lvl usually works like accumulation zones for long term investments. ➡️ Mood on market in disbelief zone ➡️ On indicator you see green zones where big players buying CHIA ➡️ Fundamental price where will be the best time to buy around 38-40$ per XCH if BTC will drop to 30K once again ➡️ IF not and from current correction BTC going to new ATH, everything under -0.18 lvl by fib on XCH is good enter point now Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
7
Chia Network, set for a price explosion???Chia network has seen quite the drop in price by 97% since its launch. We have a few things going on here: On the bearish: 1) Price is trading below the ema ribbon, and even then the spread of the ribbon is not offering a whole lot of resistance but it is there. 2) The red ichimoku cloud spans around 80% above our current price action. XCH will have to break above this zone to even begin talks of a potential uptrend. That's really about it for the bearish side of things. On the bullish: 1) The rate of the downtrend has slowed significantly 2) Chia's maximum circulating supply is very close to bitcoins. In the 20 million coin range, and chia is only valued at ~$70 as of right now, coupled with an extremely low market cap. 3) We have bullish daily RSI and MACD divergence on not only the USDT pair but the BTC pair as well. Here are the main reasons why I believe Chia will struggle to start an uptrend unless something changes: 1) Since the coin has launched, the market cap has pretty much stayed the same. If coins are slowly introduced into the ecosystem but there are no more buyers than there are sellers, the price is going to go down. Simple supply and demand. 2) The coin is only listed on 3-4 exchanges I believe. This is likely why the market cap has stayed relatively the same since introduction. Since Chia runs off of the Nakaomoto consensus like Bitcoin, the introduction of new coins into the ecosystem will slow down over time becoming "deflationary". If Chia can start to increase its market cap, which will likely happen with more exchange listings, it is very possible to see chia trading back at Ethereum level prices again. Overall I'm more bullish on this coin than bearish. I would not be surprised if the short/medium term price of this coin drops because of what I have outlined above. I would HODL this coin rather than trade it if that makes sense. Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Long
by MarketM8ker
1
$WDC $STX $XCHUSDT CHIAI decided to combine block analysis (the Wyckoff distribution method or "smart money" in the people) with Elliot wave analysis and got the following picture. We are in the plane where wave B is now. Spring 2020 was Shakeout. At the moment, Western Digital (probably $STX Seagate) are ready to accelerate significantly (on the background of the rapid growth of CHIA?) The maximum possible increase in $WDC - up to level 2 (201.98) Take profit on white fibo levels, because the end of the impulse is unknown. This paper is ready to explode at any moment (the entire growth of the current year will go into HDD mining (it hits RAM, SSD, HDD and multi-threaded processors).
NASDAQ:WDCLong
by Logica_Levels
Chia Network (XCH) – Where to buy?Hello, everyone! Last time there are a lot of hype around the Chia Network. A lot of people bought this coin and if we take a look at the chart – most of them lost their money. The XCH is in free fall for a long time yet. But I suppose that the trend reverse can be soon. What is the only one way to catch the bottom? The true divergence for sure! We can see MACD have already flashed the bullish signal, after that we saw the 60% pump. Now the price broke down the monthly S1, I suppose the it is going to test it and 20MA again before the last drop to the S2, after that we will, probably see the divergence. Now I want to buy XCH at 62$, but this price can be changed if the signal will be earlier or later. I will give you an update when buy it. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
by Skyrexio
1
Decentralized Storage for #NFTs and More - $STORJ, $FIL, $XCHHave you guys noticed that there isn't any video NFTs out there? That's because there's nowhere to store them right now on the blockchain. STORJ ($STORJ) has done well this year due to the fact that people are seeking decentralized storage systems due to massive demand for #NFTs. Filecoin ($FIL) has yet to make a move but in my opinion that's because they're targeting enterprise and institutional money Chia ($XCH) is an interesting system that uses Proof-of-Space algorithms to verify transactions, similar to Bitcoin's Proof-of-Work. It's a very obscure project but it could potentially have big upsides once the ecosystem matures since it's a way for miner-types to make a few extra bucks with the HD space that they have sitting around. Either way, decentralized storage systems being a thing in the future seems like a sure thing at this point. Hedge your bets accordingly. 👍
SLong
by RyanTanaka