#IOTA has gained positive momentum again after a long time, which is quite remarkable. The fact that a reliable trend indicator used by major investment firms gave a “BUY” signal on November 16 has further drawn investors’ attention.

During the 2021 bull market, this indicator’s signal helped #IOTA rise from $0.35 to $2.65, sparking speculation about how far this upward trend might go this time. However, the current market conditions, macroeconomic factors, and overall dynamics of the crypto market will determine the pace and extent of this rally.

It’s essential to closely monitor potential resistance and support levels. Additionally, it’s important to remember that signals like these can sometimes be misleading, as past performance is not a guarantee of future results. If you’re considering investing, prioritizing risk management and keeping a close watch on the market is crucial.

Do you think this signal is enough to spark a new rally for #IOTA ?

Will #APT Ride the #Layer1 Wave or Lose Momentum Again?

Last year, an expensive indicator gave a buy signal at $6.87, and the price surged to $19.37 before losing steam. Most recently, 20 days ago, a buy signal at $7.85 was followed by a 60% price rally.

With #Solana and #Sui leading the charge for #Layer1 blockchains, all eyes are now on #Aptos. Can it sustain the momentum and take the spotlight in the next phase of this trend?

Will #Render ’s Rise Continue?

As you know, NVIDIA’s earnings report is set to be released today. Let’s analyze how #Render has reacted to similar events in the past.

First, we can note that earnings announcement days tend to be highly volatile. Over the past two years, NVIDIA has generally reported earnings that exceeded expectations. Interestingly, #Render (RNDR) usually starts to rise about two weeks prior to these announcements. However, despite strong earnings reports, #RNDR has experienced declines ranging from 15% to 40%.

Now, with #Render showing an green trend for the first time in 157 days, the question remains: can these drops be seen as buying opportunities? Time will tell.

This expensive indicator turned green on November 15, 2024, giving a buy signal for #VET . During the 2021 bull run, when it gave a buy signal, the price of #VET increased from $0.014 to $0.28 in just 143 days. In the mini rally that started in November 2023, the price climbed from $0.018 to $0.055. Let’s see if it works again this time. #Vechain

#Arb is green again after 250 days. The last time this expensive indicator gave a buy signal, #Arb ’s price increased from 1.05 to 2.40. #Arb #Arbitrum