Moonbeam aka SEED_DONKEYDAN_MARKET_CAP:GLMR which is a #POLKADOT BINANCE:DOTUSD ecosystem coin is still down nearly 99% with only max 8 months of this cryptocurrency bull cycle left. Moonbeam is a failed project, as is #DOT. Nobody cares about either of those coins or any other coin within that ecosystem. The failure for the price to rally while the rest of...
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,...
For it's Logarithmic inverse head & shoulders target Apparently #Polkadot is being upgraded which may bring eyeballs and speculative capital into the #DOT ecosystem Which should spill into GLMR and the related parachains/ Nice inverse head and shoulders we called the bottom made some gains now it looks like it's ready to go again.
As i think we are at the bottom or so close to the bottom im giving some charts of my favourite projects and my bullrun targets , im analysing them fundamentally and with comparison with similar projects and also by reading the roadmap , glimmer is one of them and i love it , it belongs to top 50 definitely and my least target for it next year is 5.5$ , i think it...
Moonbeam, known as GLMR, is turning bullish with clear five waves up from 2023 low, followed by a correction that is in progress now. It can be flat with subwave B hitting a resistance now, so be aware of lower C wave. Support is 0.42.
A corrective rise is expected for the shaded area, and one of them will stop to drain again
From the point of view of technology, the creation of EVM smart contracts for polkadot parachain is a promising move. But, look at the tokenomics and the asset price. For $100 you will buy 280 GLMR with a total of 1 billion tokens and 460 million in circulation. It makes no sense. In terms of TA, this asset can reach $3.91, but in my opinion this is probably only...
Just a little bit more down before we achieve a 1/3 RR. This should be a fast growth starting from today. Moonbeam (GLMR) looks super bullish still...
What a nice long-term trade setup it might become. Of course, in our analysis, we are only looking for a short-term upswing. However, overall, the current price is so attractive for a buy-and-hold approach.
Wow what an opportunity. This is a clear BUY!!!! If you have ever done an online short-course investments certificate where you were the 999,999th person to get a one-time deal of $99.99 for the course, then you will have no doubts in your mind when you see the brilliant logic behind this chart. It is literally a rectangle. Facts are facts, moonbeams are moonbeams.
Ranging within a channel 1.Tested 1.42 then corrected to 78.6 fibs. 2.Tested 38.2 and failed to break and close above then corrected to fib 100 level. 3.Tested the 23.6 at $1.391 and failed to break and close above then corrected to fib 100 4.3rd test of fib 100 broke and closed below ending at fib 1.618 / $1.225 Fib 1.618 and now a correction should follow
Go long, stay strong and buy more moonbeam. What's your timeframe? You can't lose if you don't sell. Buy and hold!
a very undervalued project like moonbeam could easily comeback to the first page of top 100 .
We came out of the downtrend on higher volumes. Volatility has declined. Formation of a descending wedge during the decline. I expect fixation above the support level and growth to the indicated resistance level.
The previous GLMR idea was successful and now we can see the formation of the same flag as last time. During the correction the trading volumes are decreasing, so I expect the retest of the support level, fixing above it, and then reaching the resistance level.
Moonbeam is a Polkadot parachain that aims to improve multichain compatibility with Ethereum and other networks. Moonbeam is a smart contract parachain whose objective is to make Ethereum developer tools more accessible to individuals. Moonbeams has permitted balance transfers and the Ethereum Virtual Machine ( EVM ) on its network, which is one of its...
The previous idea for GLMR was successful and after reaching the target we returned to the support level. The price accumulated below the wide range, and after breaking through the accumulation zone formed the Flag trend continuation pattern. During the correction the volumes decreased and the 50MA and 100MA formed a golden section on the 1H timeframe. I expect a...
After accumulating in the liquidity zone, the price formed a trend line. Now the price corrected and got into the range between the support and resistance levels, where it traded for the second day, during which a false breakout of the resistance level was formed. I expect the price to reach the trend line, and then fixing above the support level and a retest of...