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Solana With Another Clear Long Signal Given!Trading Fam, Not too much to say here other than the fact that my indicator has recently given us another very clear buy signal inside our liquidity block after hitting support. This alone is all we needed for entry but if you're not familiar with how accurate my indicator has been for us on these larger cap/large volume tokens, then you can see below we also have plenty of confirmation from the Heiken-Ashi, RSI, and MACD. Here we go! ✌️ Stew
COINBASE:SOLUSDLong
by stewdamus
10/02/25 Weekly outlookLast weeks high: $102,496.97 Last weeks low: $91,204.00 Midpoint: $96,850.48 Another week of Bitcoin within the range and another one begins. With a very familiar low of ~$91K holding for the 10th week running (since the end of NOV '24), with a weekly high of $102,500 (last weekly outlooks midpoint) capping off the highs, will this weeks midpoint also act as the pivatol level? So far the midpoint has been reclaimed, a retest should add confluence to this. We have a midweek CPI data release with a forecast 0.0% change remaining at 2.9%. These data events often cause LTF volatility and so that should be taken into account, the same is true for PPI on Friday. Currently the market sentiment is pretty dire, the fear & greed index is at 43, the lowest since before the US Presidential Election. Altcoins are struggling across the board, with the exception of some CEX coins all large-midcaps are below the 4H 200 EMA. I think that will change if BTC has a strong rally back above the weekly high and reclaims it, that will give the bulls the chance to finally break the $106K brick wall and flip from a rangebound environment into a trending environment again, altcoins would rally very well if this were to happen. On the other hand is the midpoint is lost then the weekly low will need to hold for the 11th week running. Good luck traders!
by ProR35
OTHERS data points to biggest ALT-Season Good Day Investors and traders, This the OTHERS on the weekly and I have taken some measured moves in what could be expected in time and price. The OTHERS chart in my opinion is the last form of the higher risk curve which generally happens at the very end of cycles The others does not include the top ten crypto, so it a very good form of risk on. I have been looking at the OTHERS chart fairly often of recent times because this is the time for it to really outshine Bitcoin and lead the market with fairly explosive gains. I have marked a couple of possible time lines that could occur and both seem to be lining up in sort of way or another. From what I can see, others has one big wave remaining, and it’s the one you don’t want to miss The Indicators Fibonacci retracement I have placed a potential take profit zone from the 1.272 to the 1.618 levels and anywhere in between. I have added an up trending channel that OTHERS would have to hold to stay somewhat relevant or then could be susceptible to adjustment. 2.RSI I have measured the first breakout of the RSI from the 2015-17 and 2019-21 bull runs along with this one so far. The one more relevant to us is 2015-17 as this is the cycle we are more closely following. There seems to be a recurring trend of 90 plus bars before a top to OTHERS. One more thing that really stands out to me in the RSI this the first time it has shown a very strong bearish divergence. normally it seems to maintain or gain strength. right to the very end. time will reveal the real issue here. 3. ISO The average sentiment oscillator to also show very consistent data for us. I have two measurements. The one points to late July and the the other late October. To me this could be the potential ALT-season time frame from July as it fizzles in the October time frame. My suggestion to you is follow what you have been taught so far, do not get greedy, take profits when they are there and trust your game plan and stick to it. ALT- SEASON can you a lot of money, or lose you a lot of money. By design, its there to take any profits you have may have, or catch any late coming stragglers. Don’t get caught up in the hoopla. Once again, I ask you for you input, I really want to hear from you. Check my bio for more links and information Kind regards, WeAreSat0shi
CRYPTOCAP:OTHERSLong
by WeAreSat0shi
5
Alt season could already be here, only is winter seasonThe Crypto Market at a Crossroads: What’s Could Next for Bitcoin and Altcoins? The cryptocurrency market is at a critical juncture, and the narratives being pushed by crypto influencers might not be telling the full story. Over the next weeks and months, the altcoin landscape could undergo significant changes, and there are signals emerging that few are discussing. In this post, I’ll analyze Bitcoin, altcoins, and Bitcoin dominance and what I expect in the coming months. Bitcoin’s Current Position: Are We Near the Top? When analyzing Bitcoin, it’s crucial to zoom out and assess the bigger picture. On a weekly chart, Bitcoin’s price action suggests that we might be nearing a top. While some argue that the peak has already occurred, the current structure indicates that Bitcoin could enter a sideways/ downward movement like we saw last year. If Bitcoin continues to move sideways, altcoins are likely to follow suit. However, during these phases, some altcoins may experience brief runs, especially if Bitcoin dominance starts to decline. But here’s the catch: Bitcoin dominance has been steadily rising since Bitcoin’s bottom, which is unusual. Typically, during the late stages of a cycle, Bitcoin dominance drops as altcoins surge. This time, however, the landscape seems different. Altcoin Season: A Muted Rally? The idea of a massive altcoin season, where all altcoins surge simultaneously, might be a thing of the past. While some coins like BINANCE:SOLUSDT have already seen significant runs (from nearly $80 to $300 top in one year), the broader altcoin market has not experienced the same explosive growth. Instead, only a select few altcoins made significant moves. This doesn’t mean that altcoins are dead. There will still be opportunities, but they will likely be more selective. Coins that have already made substantial gains, like Solana, may have already topped out. Going forward the key should be to focus on coins that show strong volume breakouts and price action, rather than holding onto underperforming assets. Bitcoin Dominance and the Changing Landscape Bitcoin dominance has been on an upward trajectory, which is unusual for this stage of the cycle. Historically, Bitcoin dominance falls as altcoins begin to rally. However, this time, the dominance chart suggests that the market dynamics are shifting. While a drop in Bitcoin dominance is still possible, it may not be as pronounced as in previous cycles. This changing landscape could be due to the sheer number of altcoins in the market. With thousands of coins vying for attention, there simply isn’t enough liquidity to pump all of them. This dilution effect means that only a handful of coins will likely see significant gains, while the majority will continue to underperform. The Role of Meme Coins and Newer Projects One of the standout trends in this cycle has been the rise of meme coins and newer projects. Coins like BINANCE:SUIUSDT , which launched during this cycle, have already broken their all-time highs. However, even these newer coins may be entering a bear market phase. The market is saturated, and without a significant influx of liquidity, it’s unlikely that we’ll see another massive altcoin season. Meme coins, in particular, have been a double-edged sword. While they’ve provided some of the most explosive gains, they’ve also drained liquidity from the broader market. This extraction of value has made it harder for other altcoins to gain traction, further complicating the market dynamics. The Bigger Picture: A Potential Bear Market Looking at the broader market, there’s a growing possibility that we could be entering a bear market. The sheer number of coins in the market, combined with the lack of liquidity, suggests that the crypto space is due for a significant shakeout. Coins like BINANCE:DOTUSD , CAPITALCOM:FILUSD and even BINANCE:ADAUSDT , which have been in a bear market since 2021, are a prime example of this trend. Many altcoins are already down 80-90% from their all-time highs, and the chances of them recovering are slim. This is why it’s crucial to focus on coins that have already established a bull trend and are hovering around their support zones, as they have a higher probability of breaking out and continuing their upward trajectory. Key Takeaways and What to Watch For 1. Bitcoin’s Sideways Movement: Bitcoin is likely to move sideways or slightly downward in the coming weeks, which could create opportunities for select altcoins. 2. Selective Altcoin Runs: Not all altcoins will rally. Focus on coins with strong volume breakouts and price action. 3. Bitcoin Dominance: Keep an eye on Bitcoin dominance. A drop could signal a brief altcoin rally, but it may not be as significant as in previous cycles. 4. Meme Coins and Newer Projects: While meme coins and newer projects have seen gains, they may be entering a bear market phase. Be cautious with these assets. 5. Long-Term Bear Market : The crypto market could be entering a bear market. Focus on preserving capital and avoid holding onto underperforming assets. Final Thoughts: The crypto market is at a crossroads, and the next few months could be pivotal. While there will still be opportunities, they will likely be more selective and harder to come by. By focusing on strong projects with solid fundamentals and avoiding the hype, you can navigate this changing landscape more effectively. Remember, the key to success in crypto is not just about making money—it’s also about avoiding losses. Best of Luck! Mihai Iacob
COINBASE:BTCUSD
by Mihai_Iacob
20
Is Ethereum Ready to Rally? Critical Levels and Elliott Wave InsIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Ethereum Analysis: Key Levels and Market Structure Ethereum has been moving in tandem with Bitcoin, but there are some distinct levels and market structures developing that are worth paying attention to. While most of the focus has been on BTC, ETH has been presenting some solid trade setups as well. Here’s my breakdown of where we stand and what I’m watching next. Holding the Low: 2563 as a Double Zig-Zag Ethereum has been working through a potential 2xZZ (double zig-zag) pattern, and 2563 stands as a key level to maintain that structure. If this low holds, the bullish case remains intact. However, we aren’t currently sitting in a Golden Zone (GZ) or a major discount level based on the recent dump, which adds some caution to aggressive entries. Bullish Steps: 2665 & 2800 as Critical Resistance For any bullish momentum to materialize, the first step is 2665—this level needs to break for buyers to start taking control. From there, 2800 is the larger resistance level that Ethereum must break and hold to show real strength. A rejection at this zone could lead to another corrective leg downward. Confirmation of the Double ZZ: 2900 Break The completion of the double zig-zag pattern will be officially confirmed with a break of the 2900 pivot. This is the critical point where bullish structure would be fully validated, signaling further upside potential. Until that happens, Ethereum remains in a make-or-break zone. Until then, I’ll be watching how price action (PA) prints before making any major decisions. What do you think—will ETH break through or are we looking at more downside? Drop your thoughts below! Trade safe, trade smart, trade clarity.
COINBASE:ETHUSDLong
by CryptoKnee
Bitcoin Dominance | Leading Alt Season? Or Continuation Decline?| CRYPTOCAP:BTC.D | 🔎 Weekly Analysis As you may know. alt seasons depend on a decline in BTC.D. BTC.D is calculated as the ratio of Bitcoin’s market capitalization to the total market capitalization of the digital asset space. When BTC.D falls, it indicates that capital is flowing out of Bitcoin into altcoins or stablecoins such as USDT, USDC, RLUSD and others. ••• BTC Dominance (BTC.D) during past alt season. ⏪ Now that we understand what BTC.D is, let's examine its behavior during previous alt season. As marked in the chart, BTC.D has experienced an uptrend. After a breakout, it pushed to new high within the upward channel, and as expected, a reversal occurred! (Price Action Rules) ••• Current state of BTC.D. ▶️ After a significant spike, it is currently following an upward channel. A spike followed by a channel pattern is a common price action occurrence. As Marked in the chart, similar to previous alt seasons, BTC.D has experienced a breakout from the upward channel and has pushed to new high. Therefore, we can expect a potential reversal! 🔳 Final words Is it time to buy some altcoins? If you ask me, it's not yet time to invest. We cannot predict whether a reversal is happening or not. Since we avoid taking unnecessary risks, we should wait for clear sign of reversal in the BTC.D ❤️‍🔥 Thanks for reading my idea!
CRYPTOCAP:BTC.D
by tnaiu
Market3I haven’t been posting much lately simply because there’s nothing particularly interesting to say, the market has been a bit dull. 2025 should be a strong year for altcoins, as they’ve been consistently suppressed. With BTC dominance reaching 64%, which is quite significant, all attention remains on Bitcoin. On this chart, you can see that $1.17 trillion acted as a rejection level for the crypto market (excluding BTC and ETH). Time will tell, but I anticipate a $4 trillion altcoin bull market before the end of 2025. Remember, Fibonacci plays a crucial role in long-term market predictions. Invest wisely and at the right time. Happy Tr4Ding !
CRYPTOCAP:TOTAL3
by thecryer
12
Market in Consolidation, The Calm Before the Next Big MoveThe market is currently in a sideways consolidation phase, showing a lack of significant movement across altcoins. This is a natural occurrence following an impulsive move, where price action stabilizes before the next major breakout. Such phases often lead to a period of uncertainty as traders wait for a clear directional move. After a strong price movement, it is common for the market to go into sideways consolidation before deciding its next direction. Right now, almost every altcoin is forming a symmetrical triangle pattern, which suggests that buying and selling pressures are balancing out. This pattern typically acts as a precursor to a major breakout, either upward or downward, depending on market sentiment and external factors. During this phase, it is crucial to exercise patience and avoid making impulsive trades. The best strategy is to wait for confirmation of a breakout before entering the market. A decisive break above or below the current range will provide clarity on the next significant move. Traders should closely monitor key support and resistance levels to position themselves effectively. Historically, prolonged periods of consolidation lead to strong moves in either direction. The longer the market remains in this phase, the more powerful the eventual breakout is likely to be. Being prepared and having a well-defined trading plan will be essential in capitalizing on the next market movement.
CRYPTOCAP:OTHERS
by wolfchemist
Forever Crash? The Truth About Polygon's Ecosystem Token (POL) Remember Cardano last year? Remember how Cardano became weak during the second part of 2024 and continued to be weak for so long? How did it all end? It ended with a very strong bullish wave. After the bearish phase, Cardano ended up being one of the strongest moving pairs. The same can happen in this upcoming cycle with POLUSDT. The following is also true for Notcoin (NOT). The lower it goes, the stronger it grows when the time is right. This pair right now is bleeding massively but this shouldn't be a cause for concern. The market moves in cycles and within these cycles we have waves. A bearish wave is followed by a bullish wave. A bullish wave is followed by a bearish wave. The positive side of a bearish phase is the fact that you can't have a forever down-wave. If it is bearish now, it will turn bullish next. The last peak was hit in early December 2024, more than two months ago. A Cryptocurrency trading pair, within a bull-market year, can go bearish for 2-3 months, not more. This means that POLUSDT is getting very close to producing a reversal, very close to a change of trend. The market has been going down. We saw some bullish action but this action wasn't a bullish trend. It was simply a "bounce" within the broader decline, here starting March 2024. The great news is that the next rise won't be a bump, it will be an uptrend and an uptrend produces higher highs and higher lows. We are set to experience long-term growth. Right now it might be hard, but patience is key. The market can be red, shy and weak now, but everything will change within weeks. Believe it or not, the time to buy is now. We are in the accumulation phase. When the first move starts, it will be too late for low prices; there will be opportunities to enter and to enjoy massive growth. But only those with a vision can buy and accumulate when prices are low. It will be a life changing bull-market. It will be the biggest bull-market in the history of the Altcoins. Bitcoin will be really strong but standard. The Altcoins will blow-UP. Namaste.
Long
by MasterAnanda
1
Breaking: $FLARE Soars 16.71% Amidst Bullish Flag PatternThe cryptocurrency market is no stranger to volatility, but Flare Network’s native token, NYSE:FLR , is making waves with a remarkable 16.71% surge today. Despite the broader crypto landscape remaining bearish, NYSE:FLR is defying the odds, showcasing strong technical and fundamental indicators that suggest further upside potential. Let’s dive into the details of what’s driving this surge and why NYSE:FLR could be poised for a breakout. Technical Analysis NYSE:FLR is currently forming a bullish flag pattern, a continuation signal that often precedes a significant upward move. The pattern is characterized by a sharp rise (the flagpole) followed by a period of consolidation (the flag). For NYSE:FLR , the flagpole was the recent surge, and the consolidation phase is now underway. A breakout above the flag’s ceiling could trigger a 70% surge, targeting the psychological resistance level of $0.038. This would mark a decisive move for NYSE:FLR , potentially attracting more buyers and fueling further gains. The Relative Strength Index (RSI) for NYSE:FLR is currently at 44.98, which is neither overbought nor oversold. This suggests that there is ample room for upward momentum before the token enters overbought territory. A rising RSI could accompany the breakout, confirming the strength of the move. The 24-hour trading volume of $35.9 million and a market cap of $1.33 billion indicate strong liquidity and investor interest. The recent price surge has likely caught the attention of traders, further boosting momentum. Flare Network’s Unique Value Proposition Flare is an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain designed to enhance blockchain utility. Its unique architecture allows developers to access high-integrity data from other chains and the internet, enabling new use cases and monetization models. One of Flare’s standout features is its ability to provide decentralized access to data from external sources. Flare allows dApps to serve multiple blockchains through a single deployment, reducing fragmentation and increasing efficiency. With a market cap exceeding $1 billion, Flare has firmly established itself as a significant player in the crypto market. Conclusion: A Breakout in the Making? NYSE:FLR ’s recent surge and technical setup indicate that the token could be on the verge of a major breakout. The bullish flag pattern, combined with strong fundamentals, makes NYSE:FLR a compelling asset in the current market environment. As always, it’s essential to conduct your own research and consider your risk tolerance before investing. But one thing is clear: NYSE:FLR is a token to watch as it continues to defy market trends and carve out its niche in the crypto ecosystem.
COINBASE:FLRUSDLong
by DEXWireNews
#ONDOUSDT expecting further upside📉 LONG BYBIT:ONDOUSDT.P from $1.4891 🛡 Stop Loss: $1.4667 ✅ Overview: ➡️ BYBIT:ONDOUSDT.P is trading in a consolidation range, forming a local support level around $1.3705. ➡️ POC (Point of Control) is at $1.3631 , indicating the area with the highest trading volume. ➡️ The price has broken a resistance zone and is now testing it as support, which could be a long entry signal. ➡️ If the asset holds above $1.4048, an upward move towards the next resistance levels is likely. ⚡ Plan: ➡️ Entering a long position at $1.4891 after confirming a hold above the key level of $1.4048. ➡️ Stop-loss is set at $1.4667 , below the recent support zone. ➡️ Expecting a bullish push with a target of $1.5699. 🎯 TP Targets: 💎 TP 1: $1.5699 – the first target level where partial profit-taking is recommended. 💎 TP 2: $1.6000 📢 BYBIT:ONDOUSDT.P shows signs of potential growth, but it’s crucial to monitor the $1.4048 level – a breakdown below could lead to further decline. 📢 Volume remains at an average level, indicating possible position accumulation before a move. 📢 To confirm a strong uptrend, price must hold above $1.4891 and successfully test the $1.5699 resistance level. 🚀 BYBIT:ONDOUSDT.P is shaping a bullish scenario — expecting a breakout and further upside!
Long
by MoriartyTrading
Polkadot: Back on the Rise?Following the recent sharp pullback, Polkadot has established an important low just above the support at $3.56, completing the orange wave ii. In the medium term, the subsequent orange impulse wave iii should drive the price significantly higher, breaking past the resistance at $11.88. However, if DOT falls below $3.56, our 39% likely alternative scenario will come into play, and the magenta wave alt. will reach a new major correction low. For this case, we have outlined our orange alternative Target Zone between $2.40 and $1.07.
BINANCE:DOTUSD
by MarketIntel
1
DEFI Crypto Set to Skyrocket: Listing on 10 Exchanges TodayThe cryptocurrency space is buzzing with excitement as DEFI, the groundbreaking token powering the DeFi Web3 AI SuperApp, gears up for listings on 10 major exchanges today. This milestone marks a significant leap forward for the project, founded in 2020, which has steadily gained recognition for its innovation and utility in the decentralized finance (DeFi) ecosystem. The Backbone of Web3 Innovation: Backed by heavyweights such as Consensys, 21Shares, OKX, and HOF Capital, DeFi has positioned itself as a leader in the DeFi and Web3 revolution. With a cutting-edge AI-powered SuperApp, DeFi aims to simplify and amplify user experiences across decentralized finance, enabling seamless access to DeFi tools, analytics, and services—all in one intuitive platform. Strong Institutional Backing: What sets DEFI apart is its robust backing from top-tier venture capital firms and prominent DeFi investors across the globe. This level of support not only validates the project’s vision but also bolsters its credibility as it expands into mainstream markets. Today’s Exchange Listings: A Catalyst for Growth: The 10 exchange listings set to happen today are expected to significantly increase DEFI’s liquidity and visibility, paving the way for broader adoption and market participation. With the involvement of major exchanges like OKX, DEFI is primed to become one of the most accessible and widely traded tokens in the market. What Makes DeFi Unique? Under the leadership of CTO artemDeFi, DeFi combines the power of artificial intelligence with decentralized finance, delivering next-generation solutions for both individual users and institutional investors. The SuperApp’s comprehensive suite of Web3 tools is designed to redefine how users interact with DeFi protocols, ensuring security, transparency, and efficiency. Why This Matters: Today’s listings are more than just a market event—they signal the arrival of DeFi as a major player in the cryptocurrency and Web3 space. With its innovative technology, strong team, and powerful backing, DEFI is not just another cryptocurrency; it’s a gateway to the future of decentralized finance. As the listings go live, the market will be watching closely. Will DEFI be the next big thing in the crypto world? With its unparalleled vision and support, all signs point to yes.
Long
by TopgOptions
1
Breaking: $BERA dips -50% Just A Day After Listing. The cryptocurrency market is no stranger to volatility, and the recent performance of BIST:BERA , the native token of Berachain, is a testament to this. Launched just yesterday, BIST:BERA has already experienced a whirlwind of price action, capturing the attention of traders and investors alike. After an initial surge of 650%, the token has since dipped by 50%, currently trading at $7 per coin. This dramatic price movement has left many wondering: Is this a temporary shakeout or a sign of deeper issues? Technical Analysis From a technical perspective, BIST:BERA ’s price action is forming a symmetrical triangle pattern on its daily chart. This pattern is typically a continuation signal, suggesting that the asset is consolidating before making its next significant move. The key levels to watch are the upper resistance (ceiling) and the lower support (floor) of the triangle. - Bullish Scenario: If BIST:BERA breaks above the triangle’s ceiling, it could trigger a bullish run with an estimated upside potential of 107%. This would likely attract fresh buying interest, pushing the price toward new highs. - Bearish Scenario: Conversely, if the price fails to break out and instead falls below the triangle’s support level, BIST:BERA could test the $5 support zone. This scenario would likely be driven by profit-taking from early investors and airdrop participants. The current price dip of 28.06% in the last 24 hours may seem alarming, but it could also be a healthy correction after the initial euphoria. The symmetrical triangle pattern suggests that the market is undecided, and the next major move will depend on whether buyers or sellers gain control. Berachain’s Innovative Approach to Blockchain Beyond the price action, BIST:BERA ’s underlying technology and ecosystem are worth examining. Berachain is not just another Layer 1 blockchain; it introduces several innovative features that set it apart from its competitors. 1. Proof of Liquidity (PoL): A Novel Consensus Mechanism Berachain’s Proof of Liquidity (PoL) is a groundbreaking consensus mechanism that aligns network security with liquidity provision. Unlike traditional Proof of Work (PoW) or Proof of Stake (PoS) systems, PoL incentivizes users to provide liquidity to the network, ensuring a more robust and efficient ecosystem. 2. EVM Compatibility and Modular Design Berachain is fully compatible with the Ethereum Virtual Machine (EVM), making it an attractive option for developers looking to build or migrate decentralized applications (dApps). Its modular design allows for the creation of customized Layer 1 blockchains without sacrificing interoperability or performance. 3. Two-Token Model: BERA and BGT Berachain operates on a unique two-token model: - BERA: Used for gas fees and staking, BERA is the utility token that powers the network. - BGT: A non-transferable governance and rewards token, BGT aligns the interests of network participants by incentivizing long-term engagement. Market Sentiment and Exchange Listings The current market cap of $806 million and a circulating supply of 107.48 million BERA coins indicate that the token is still in its early stages. With a max supply yet to be determined, BIST:BERA has room for growth as the ecosystem matures and adoption increases. Conclusion While the 50% dip may deter some investors, the technical and fundamental factors suggest that this could be a buying opportunity for those with a higher risk tolerance. As always, it’s crucial to conduct thorough research and consider your risk appetite before investing in any cryptocurrency. BIST:BERA ’s journey is just beginning, and its future will depend on both market dynamics and the team’s ability to deliver on its ambitious vision. Whether you’re a trader or a hodler, BIST:BERA is undoubtedly a coin to watch in the coming weeks and months.
Long
by DEXWireNews
TOSHI/USD Bearish Phase is Over! Is a Bullish Breakout Coming?After a prolonged bearish correction, TOSHI/USD is flashing signals of a potential breakout. If you're still stuck in a bearish mindset, you might be missing the next big move! 🔥 Key Bullish Signals: ✅ Higher Lows Forming – Buyers stepping in at stronger levels. ✅ Volume Surge 💡 Trading Idea: 🎯 Long Entry: Look for confirmation above with strong volume. 📢 Final Takeaway: If TOSHI/USD holds key support and breaks resistance, we could see a strong rally. Stay alert and trade smart! 💬 What’s your outlook on TOSHI? Drop your thoughts below! 👇 #TOSHIUSD #CryptoTrading #BullishBreakout #TradingIdeas #TrendReversal #Altcoins #CryptoMarket
COINBASE:TOSHIUSDLong
by theunscriptedacademy
28
Phemex Analysis #57: How to Trade XRP Like A ProXRP has been on a wild ride. Following our last analysis on December 11th , XRP peaked at $3.40, only to plummet nearly 50% to $1.76 after forming a third higher top with RSI divergence. Recently, we've seen a resurgence, with XRP climbing back up to around $2.36 – a 34% rebound. But where does it go from here? Is this a prime "buy the dip" opportunity for long-term holders, or is further downside on the horizon? Let's explore some potential scenarios. Scenario 1: Building a Base for a Comeback Imagine XRP consolidating its recent gains. Instead of another sharp drop, it finds a footing, establishing a base around $2, or even down to $1.80 if current support falters. This scenario would be characterized by: Accumulation signs near these levels, with higher RSI values and lower trading volume compared to the previous declines. This could indicate renewed buying interest. Pro Tips: Closely monitor volume and RSI. If they align with base-building conditions (higher RSI and lower volume), consider gradually entering long positions. Crucially, set stop-losses below key support levels to manage risk. Scenario 2: The Bear's Grip Tightens Now, picture this: The recent rally loses steam, and XRP breaks below critical support. A sharp drop below $2, accompanied by high trading volume and lower RSI compared to the fall from $3.40, could signal further trouble. In this bearish scenario, traders should brace for potentially deeper declines towards support zones around $1.3, $1.0 or even historical lows seen in past bear markets. Pro Tips: Exercise caution. Avoid entering trades until a clear direction emerges. Consider shorting opportunities if the price breaks below key supports (e.g., near or below current lows) with higher volume and lower RSI than previous drops. Scenario 3: A Period of Calm – Consolidation Another possibility is that XRP enters a period of consolidation, fluctuating between resistance around $3 and support near $2. During this period of reduced volatility: Traders can capitalize using Phemex Grid trading bots to capitalize profits from these small price fluctuations. Pro Tips: Set up long grid bots near the lower boundary (support) to buy as prices rebound. Position short grid bots near the upper boundary (resistance) to sell as prices approach. Remember, stop-losses are essential to manage risk if the price breaks out above resistance or falls below support. The Big Picture: Staying Ahead of the Curve Trading XRP requires a keen awareness of both broader cryptocurrency market trends and Ripple-specific news, such as regulatory developments that could impact investor confidence. Whether you're navigating a sharp drop (Scenario 2), capitalizing on consolidation (Scenario 3), or preparing for other potential scenarios, discipline and adaptability are paramount. By staying informed, managing risk, and adapting to changing conditions, you can trade XRP Like A Pro! Final Tips: Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
2
Ondo Surges 11% Amid ONDO Chain Launch and Institutional BackingOndo Finance has made headlines with the launch of Ondo Chain, a Layer 1 blockchain designed to accelerate the adoption of tokenized real-world assets (RWAs). The development has sparked significant investor interest, pushing ONDO’s price up 11% amid broader market fluctuations. With major financial institutions backing the project and recent investments pouring into ONDO, could the token be on track to reach a new all-time high (ATH)? Ondo Chain: A Game-Changer for Tokenized Securities On February 6, 2025, Ondo Finance announced the launch of Ondo Chain, a blockchain solution aimed at bridging traditional finance (TradFi) with decentralized finance (DeFi). The platform is set to provide compliance-focused infrastructure for institutions seeking exposure to tokenized stocks, bonds, and ETFs. By leveraging the benefits of both public and permissioned blockchains, Ondo Chain offers institutional-grade security while maintaining the accessibility of public networks. Key features include: - Lower transaction fees - Improved liquidity for tokenized assets - Regulatory compliance through permissioned validators - Staking mechanisms for passive income generation - Native omnichain bridging for seamless asset transfers Several high-profile financial institutions, including Franklin Templeton, Wellington Management, and WisdomTree, have expressed support for Ondo Chain, signaling strong institutional confidence in the project. Institutional Investment Boost: World Liberty Financial Bets Big on ONDO One of the most notable bullish signals for ONDO came from World Liberty Financial, an investment firm backed by former U.S. President Donald Trump. On the same day as the Ondo Chain announcement, the firm purchased $470,000 worth of ONDO tokens, marking its second investment in two months. Blockchain data reveals that World Liberty Financial previously acquired $245,000 worth of ONDO, making this latest purchase a reinforcement of its long-term commitment to the token. The firm has also accumulated assets like TRX and Wrapped Bitcoin (WBTC), showcasing a growing interest in blockchain-based financial markets. Technical Analysis As of the time of writing, ONDO is up 4.14%, consolidating after an 11% rally. The technical indicators suggest that ONDO is at a pivotal point: - RSI at 50: This neutral position indicates neither overbought nor oversold conditions, leaving room for further upside if market sentiment remains bullish. - Moving Averages (MA) Alignment: ONDO’s price movement is in sync with key moving averages. A breakout above these MAs could trigger a bullish surge toward the previous ATH. - Fibonacci Levels: ONDO is hovering around critical Fibonacci retracement levels: - 61.8% Fibonacci support: This serves as a strong downside cushion in case of a pullback. - 38.2% Fibonacci resistance: A breakout above this level could fuel a rally toward ONDO’s one-month high and potentially push it beyond previous highs. With the broader crypto market stabilizing after recent sell-offs, ONDO appears to be positioned for further gains, provided it can break key resistance levels. Will ONDO Reach a New ATH? Ondo Finance’s recent developments, coupled with strong institutional backing, set the stage for ONDO to potentially hit new highs. The launch of Ondo Chain addresses key inefficiencies in tokenized finance, making it an attractive proposition for institutional players. Additionally, technical indicators suggest that ONDO is at a crucial inflection point, with a breakout above key levels potentially driving a bullish continuation.
Long
by DEXWireNews
SEI | ALTCOINS | +150% Bounce Zone TARGETSEI is an altcoin that bounces well from support zones and therefore excellent to trade as a swing trade. You can confirm that SEI bounces from support zones by taking a look at this post I made in August last year, just before SEI increased 232%: For the short term, there seems to be no clear indication of a turnaround, but the good news is that a better buy zone is approaching for the next impulse wave up - which could be a really big swing. _____________________ BINANCE:SEIUSDT
by CryptoCheck-