Top Coins to Watch in Altcoin Season. (Part 1: Memes)
The final days of 2024 are getting more interesting as the US presidential election takes place. The race between Harris and Trump is getting more and more intense as the G hour approaches. At the same time, the cryptocurrency market is becoming more exciting than ever as it is the center of debates between billionaire Donald Trump and his billionaire supporter - Elon Musk. The world's focus on the future of cryptocurrency is a sign of an upcoming altcoin season. Let's take a look at some of the prominent meme coins with Meinya Spotlight channel.
🚀Every day that passes, dozens of coins increase in price one after another. Continuously buying and selling to capture opportunities will prevent you from accurately assessing risks. And greed will lead you to devastating losses in a bull market. 💎Patience is the most important piece in investing. No one will get rich after sleeping, investing is a long process that includes success and failure.
Somewhere at a cryptocurrency exchange in Hong Kong, $USUAL is currently trading at over 0.6 USD (I checked that exchange and saw that there are actual trades but very very few). Kkk... I bought at 0.3 but now it's still trading at 0.6 on that exchange, that's tough. But remember that Pre-Market is favorable for selling and buying, the listed price on the exchange is still an unknown. Information I provide to add images, you can check it yourself. Source of the image below: CoinGecko
Buy when others are afraid... but buy a little, Kkk...😅 I bought $USUAL at an average price of 0.3 USD, currently feeling a bit uneasy when the price is still 0.22. But I haven't cut my losses yet. Currently, I maintain the view that the usual spot price should not be below 0.6-0.8 USD.
🔥Please set a price alert immediately or withdraw capital from the market. Last night, Ukraine launched ATACMS missiles into Russian territory, although on the same day Russia modified its nuclear doctrine. Currently, World War 3 is closer than ever. If the war breaks out and spreads to the US, BTC could go to 0.
From my personal perspective, $USUAL list Spot is unlikely to be below 0.6 ~ 0.8 USD. (dyor) #USUALLauchpool #premarket
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Bullish
$USUAL is much cheaper than I thought when the market capitalization is now only about 150 million USD. I will risk an additional 5% of my capital to buy at a price of 0.3-0.34 USD. This is a bit risky, but I guess it's just a lottery, hehe...
Risk: Very high. Just look at the Pre Market and be afraid because $SCR is a disaster. Please do your own research before investing.
$USUAL is much cheaper than I thought when the market capitalization is now only about 150 million USD. I will risk an additional 5% of my capital to buy at a price of 0.3-0.34 USD. This is a bit risky, but I guess it's just a lottery, hehe...
Risk: Very high. Just look at the Pre Market and be afraid because $SCR is a disaster. Please do your own research before investing.
The current market is quite tough. Although it is currently in a correction wave, it can be seen that memes are still very strong. While many projects are struggling to develop to stay afloat, there are still billions to tens of billions of dollars flowing into memes every day, typically the recent surge of DOGE. Maybe it is time to reconsider the way the market is played. But for me, memes are still a gamble. The fact that most of the money flows into memes can potentially pose a risk of "pulling the carpet for everyone". #MemecoinWars
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Bearish
$PNUT looks like a balloon about to burst, after a joke from Musk...
BTC.D is at a very high level today, currently at 61.26% and increasing very fast.. And the price of $BTC is currently at 91,000 USD. A collapse of BTC.D will have two scenarios: 1. The market bubble bursts, everything collapses. 2. 🚀Altcoin Season. Don't forget that Altcoin Season this time has ETF which means accepting cryptocurrencies, there is a US supporting cryptocurrencies,... I like number 2. Do you?
Price $NTRN increased about 7% since yesterday's article. I think Neutron is struggling quite a bit after being knocked out of 0.7 in the previous bear cycle. Currently, the price is moving sideways, I think this is a very ideal accumulation area. In the previous cycle, I put NTRN and ARKM on the scale. After NTRN's strong price increase to 2 USD, ARKM also followed. Observing new coins with relatively large circulating supply is also a way to make a decision (a bit of a turtle because 2 different projects, the comparison is not very meaningful, Kkk). But currently ARKM is doing much better. ARKM has held steady above 0.7 - 0.8 USD and is back on track. I am expecting a strong enough push and NTRN to accelerate and catch up. As I reported yesterday, the risk is high when the market is showing signs of correction. My setting of a buy range of 0.4 - 0.45 USD is quite risky, please do your own research when investing. Reminder: Entry: 0.4 - 0.45 USD Target 1: 0.7 USD Target 2: 1 USD Target 3: 2 USD
Risk: High. Currently, the market is showing signs of correction, so entering at this time is quite dangerous. #AltCoinSeason #MeinyaSpotlight
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Bullish
A little nostalgia today, because $NTRN was the first coin that I posted a signal on the Meinya Spotlight channel, with a profit-taking level 5-7 times higher than the previous price increase. NTRN means a lot to me because it is the motivation for me to continue posting Binance Square articles until today.
Today, I will buy a little more NTRN at the price of 0.4 USD. Looking at the chart, it shows a big breakout is coming and the potential of NTRN is huge.
Entry: 0.4 - 0.45 USD Target 1: 0.7 USD Target 2: 1 USD Target 3: 2 USD Risk: High. Currently, the market is showing signs of correction, so entering at this time is quite dangerous. But the chart of NTRN is really beautiful to me, so I will buy a little more.
In the article on November 8, I proposed the 3rd buy zone (yellow) of $ENA and today, November 14, the price still tends to move up despite a slight correction.
I mentioned that ENA will move freely until it reaches the 0.65 - 0.8 USD zone. And the 3 most recent candles of ENA all have highs around 0.65 USD, showing that 0.65 USD is gradually becoming a temporary thin resistance zone. BUT, based on the current market conditions, it shows a high possibility that ENA will continue to break this barrier and gradually move towards ATH. However, the market is temporarily showing signs of FOMO into memes more.
Up to now, all 3 buy zones (green, purple, yellow) have achieved good profits. I think that there is no better buy zone for ENA for the time being, so please be patient and hold.
The target I set for $ENA is 0.5 - 0.6 USD, which was established yesterday (peak 0.55 USD). Currently, ENA is moving in a fairly free range until it approaches the area of 0.65 - 0.8 USD. The temporary support and resistance areas are quite fragile in the last days of the year, making it difficult to determine the appropriate buying zone. There is also additional news; Wintermute suggested that Ethena share revenue with ENA holders. For me, this is a "no harm no foul" news, so the next direction still heavily depends on market sentiment. Personally, I have bought enough ENA in the price range of 0.27 - 0.3 USD; if you want to buy more, you can consider the area of 0.46 - 0.5 USD. -Entry 3 (yellow): 0.46 - 0.5 USD (buying zone increases according to the movement direction of the overall market) -Target: 2 USD in the medium term. -Risk (Entry 3): Average. Adjustments may occur, but in my opinion, they will only be mild. The market is moving towards a recovery phase, as the FED has cut interest rates for the second time this year. #Meinya #Uptrend #Altcoinseason2024 #Dyor2024
At this time, when surfing Binance Square, I see KOLs shouting Long/Short and all kinds of silence. The market has just swept Long and then swept Short. That's why newbies keep following channels posting Long/Short signals and burn out because they don't do their own research. Greed for high leverage, greed for quick wealth,... newbies are always blinded by greed and eventually become liquidity for others.
That's why I love Meinya Spotlight's Followers because you are patient and suitable for this crypto market.
✨"The price can go up, can go down. But your Spot position will not change, remember this." ~ MeinyaSpotlight
$NTRN about to break long term downtrend. Ready for breakout 🚀
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Bullish
A little nostalgia today, because $NTRN was the first coin that I posted a signal on the Meinya Spotlight channel, with a profit-taking level 5-7 times higher than the previous price increase. NTRN means a lot to me because it is the motivation for me to continue posting Binance Square articles until today.
Today, I will buy a little more NTRN at the price of 0.4 USD. Looking at the chart, it shows a big breakout is coming and the potential of NTRN is huge.
Entry: 0.4 - 0.45 USD Target 1: 0.7 USD Target 2: 1 USD Target 3: 2 USD Risk: High. Currently, the market is showing signs of correction, so entering at this time is quite dangerous. But the chart of NTRN is really beautiful to me, so I will buy a little more.
When everyone imagined an Altcoin Season approaching but BTC.D said no. And things continued to heat up. The force of $BTC continued to overwhelm the entire market. #BTC500K #BTCBreaks89k