#CryptoWatchMay2024 Market sentiment regarding the direction of $BTC remains way uncertain. "Wait, #Halving was just weeks ago, why are you not bullish bro? " Well, the monthly April closing on BTC did not look very promising... That is why it is important now to focus on projects with real potential returns in the upcoming months. The real bullrun has not even begun yet and the potential for massive gains is definitely still there. Buying alts now is not a mistake⏳ Just like in every cycle, money will shift from Bitcoin to low cap coins. Always keep in mind that understanding the money flow in crypto is key to anticipate altseason. Preparation --> Reaction --> Goals 🎯
Get ready and prepare your bags, because when funds start pouring into #altcoins it could mark the beginning of the next altcoin season 🚀 Having in mind that, here is my TOP 5 project not to miss in MAY! p.s. last one is a real gem still hidden to many 👀💎
1) $ARB PROJECT: ETH Layer2 solution designed to improve speed and scalability on ETH network while enhancing privacy. The project has not shown its full potential yet and the #RWA narrative might be the propeller (many RWA projects are building on ARB) PA: Looking at the daily chart, we can observe that a top structure has formed. Now we are testing sub 1$ low levels. Consider the good potential of the coin, I am expecting at least a short term retest of 0.382 Fibonacci level (+30%)
PRICE PREDICTION🔮: If the RWA trend continues to grow during the upcoming bull run, it is possible to get a price higher than $5
2) $W PROJECT: Promising cross-chain infrastructure powering multichain applications with robust VC backing . PA: The price has broken through the bottom structure. Now, there is a potential upside of +43% to be achieved before reaching the $1 target.
PRICE PREDICTION 🔮: With a strong altseason, a price range of $5-$7 is more than possible.
3) $TNSR PROJECT: NFT trading platform on Solana characterized by advanced functionalities like TradingView integration, collection wide bids, and market making orders. PA: Price is still floating around low levels, remember that it was listed just weeks ago. Getting back to the $1.30 range is key to maintain the bullish momentum going, which would mean at least a 45% increase in the short term.
PRICE PREDICTION🔮 : The NFT trend is still quiet, but eventually, interest will pick up again (maybe with the help of RWA integration?). It is realistic to expect $10-15 during a bull run.
4) $PENDLE PROJECT: Pendle is a permissionless yield-trading protocol that enables users to implement a variety of yield-management strategies. With the introduction of a unique AMM supporting assets with time decay, Pendle empowers users with greater control over future yield, offering options and opportunities for its utilization. #Restaking narrative. PA: The project saw a huge rise in the past few weeks. Now, it has pulled back to the $4.5 - $5 level testing the 0.618 by the books. I am still expecting a bigger pullback within the blue box, but for now, the price action seems to be showing signs of turning.
PRICE PREDICTION🔮: MCAP is already pretty high but if the restaking narrative will take off, expect something around 25$.
5) AITECH (Available on Pancake BSC) PROJECT: AITECH serves as the core token powering the Solidus AI Tech ecosystem. It acts as a payment gateway for licensing Artificial Intelligence as a Service (AIaaS), Blockchain as a Service (BaaS), and accessing High-Performance Computing (HPC). PA: Price had a good healthy pullback in recent weeks, and it seems like the bearish momentum is exhausting. AI is still a dominant trend and probability it might start climbing again soon are high.
PRICE PREDICTION🔮: The project is very low cap and the potential is really high in the next bullrun. Target 5 $ Let me know in the comments which project are you accumulating 👇
BTC's action still carries a lot of uncertainty... In the meantime, I deep dived into many high potential low-cap projects.
These are my top 10 gems you should not miss out!! 👀
$ZIG ⚡ Narrative:SOCIAL INVESTMENT PLATFORM
Social trading platform using AI at enables users to either copy expert traders or effortlessly share their trading strategies.
$PLANET 🌍 Narrative: RWA First ReFi platform that blends Web3 with RWA.
$VELO 💳 Narrative: FINANCIAL PROTOCOL A finance blockchain protocol that lets businesses issue digital credit and transfer assets across borders using smart contracts
$EXVG 👾 Narrative: GAMING AI-powered free-to-play built on UNREAL ENGINE 5
$PRCL 🏠 Narrative: DEX - RWA Decentralized exchange that allows users to get exposure to real world real estate prices.
$MIND ⚙️ Narrative: AI
Multi-utility token for the MIND ecosystem. A platform on blockchain that helps make DApp development easier and faster, allowing users to pick programming languages and blockchain runtimes.
$ATR 📑 Narrative: RWA The first marketplace for Art Real-World Assets #RWA. Built on Solana
$LAYERAI 💡 Narrative: AI A ZK Layer-2 Blockchain that empowers you to monetize your AI data.
$XPR 🔐 Narrative: LAYER 1 Super fast layer 1 with instant transactions, zero gas fees, and on-chain identity verification while enhancing cross-border payments tokenization of assets, DeFi and digital security.
$DIONE ⚖️ Narrative: DEPIN- SUSTAINABILITY Protocol that aims to enhance the accessibility of decentralized tokens for the general public while bridging real-world issues with DeFi. Powered by renewable energy.
Sometimes I see investing and trading like.. DRIVING
Would you drive in the streets or doing a race without a driving license? Probably not. Same for investing: you need a set of clear rules to follow🫡
There's only one problem.. the road signals here are weird. Sometimes, RED 🔴 means 'move forward' while GREEN 🟢 means 'hold back.' Confusion is an ordinary thing.
Confusion is an ordinary thing. That's why I like to stay objective and sharing value across my channels.
If you find my post/article helpful, feel free to like, follow or share them!
Funding rate is high, expecting some flash dumps⚠️ That is why I am placing orders on key levels, hopefully that the flash will fill them. Let's see 👀 Be careful in trading with leverage.
$ACE Nice breakout on the daily TF. Now the plan is simple: _Retest and hold previous resistance level around 5.75$ _#hold that level -Push above 7$ area and more
Holding the $160 level is crucial to keep the bullish momentum going.
The price might dip to grab some liquidity around the $150 level and then bounce back stronger above $160. If the price then gets rejected at the retest of $160 level, expect lower prices with a target of $130 first.