Technical analysis is a method used by traders to predict future price movements in financial markets by analyzing past market data, primarily price and volume data. While technical analysis cannot guarantee the accuracy of predictions, it can help reduce downside risks in trading.

Here are a few ways technical analysis can help reduce downside risks:

Trend analysis: Technical analysis can help identify trends in the market, such as an uptrend or a downtrend. By understanding the direction of the trend, traders can adjust their strategies to reduce the risk of losing money. For example, if the market is in a downtrend, traders may choose to sell short or avoid buying until the trend changes.

Support and resistance levels: Support and resistance levels are price levels where the market has historically had difficulty moving past. By identifying these levels, traders can set stop-loss orders or take-profit orders to reduce the risk of losing money in a trade. For example, if a trader buys a stock at $50 and sets a stop-loss order at $48, they can limit their potential losses if the price drops below the support level.

Technical indicators: Technical indicators are mathematical calculations based on price and volume data that can help identify trends and momentum in the market. Traders can use technical indicators such as moving averages, MACD, and RSI to help make informed trading decisions and reduce downside risks.

Risk management: Technical analysis can help traders develop a risk management strategy by setting stop-loss orders, taking profit orders, and diversifying their portfolio. By using these risk management techniques, traders can limit their potential losses and reduce the overall risk of their portfolio.

In conclusion, technical analysis can be a valuable tool for traders looking to reduce downside risks. By analyzing past market data and identifying trends, support and resistance levels, and using technical indicators, traders can make more informed trading decisions and develop a risk management strategy that can help reduce the potential for losses.

#analysis #trends #riskmanagement

These are exciting times in the world of #cryptocurrencies, and 2024-2025 promises to be especially significant for several young projects. In this article, we will look at 15 young cryptocurrencies that have the potential to grow 50-100 times during the upcoming #bull run.

Why are these cryptocurrencies promising?
Historical trend: Young crypto projects traditionally demonstrate high results in each new #alt season.No Price Pressure: Many of these coins have not experienced a bull run yet, meaning there are no investors willing to sell in large quantities. This creates conditions for a sharp rise in prices.Large Investors: These projects have attracted the attention of large investors and market makers who are interested in their growth.Compliance with key trends: Projects related to the four main crypto #trends - AI, RWA, DePIN, and Gaming, will be at the peak of popularity in 2024-2025.
TOP 15 most promising coins
Among the many available options, a group of young and promising coins stands out that are attracting the attention of both investors and technology enthusiasts. These projects not only demonstrate innovative approaches to the application of blockchain technologies but also cover key market trends such as artificial intelligence, decentralized finance, real assets and the gaming industry.
Here are the TOP 15 most promising coins for 2024-2025, which present interesting opportunities for investors and show potential for significant growth and influence in the crypto community.
1. Ondo Finance (ONDO)
Ondo Finance specializes in offering tokenized financial products, aiming to bridge the gap between traditional finance (TradFi) and #decentralized finance (#DeFi). One of the company's main goals is to provide investors with access to US dollar-denominated financial products through tokenized assets. These assets provide improved liquidity, accessibility and transparency.
2. Delysium (AGI)
Delysium is an innovative blockchain project in the field of artificial intelligence. This project develops distributed AI systems that provide a platform for the development and integration of AI into various industries and applications, including blockchain games.
3. Pyth Network (PYTH)
Pyth Network is a blockchain platform specializing in providing reliable financial data in real-time. It focuses on improving transparency and accessibility of information for all market participants.
4. Limewire (LMWR)
LimeWire is a platform that allows users to create, publish and monetize content using artificial intelligence. It offers LimeWire AI Studio, a tool for creating generative images, music and audio. Users can post their creations on LimeWire and potentially earn up to 90% of the ad revenue generated by their content.
5. Planet Token (PLANET)
Planet Token is a blockchain-based initiative that aims to solve pressing social and sustainability challenges using technology and innovation. The initiative's work is based on a commitment to the 17 Sustainable Development Goals (SDGs) set by the United Nations. Planet Token's goal is to mobilize, implement and deliver sustainable solutions by working with prominent individuals and communities. This project contributes to changing the green technology industry with a vision of creating a more transparent and sustainable future.
6. Creditcoin (CTC)
Creditcoin is a decentralized lending and investing platform. It facilitates access to finance and provides secure and transparent mechanisms for lenders and borrowers.
7. Hedera Hashgraph (HBAR)
Hedera Hashgraph is an advanced blockchain platform known for its high performance and security. It offers a unique consensus algorithm that makes it attractive for a wide range of applications.
8. KASPA (KAS)
KASPA is a blockchain platform focused on providing high transaction speed and scalability. The project aims to improve the performance of blockchain systems for a wide range of applications.
9. Axelar (AXL)
Axelar is a scalable cross-chain platform that aims to connect multiple blockchains and networks with different languages, providing a single solution for cross-blockchain communication. It is designed keeping in mind the needs of both platforms and developers.
10. Myria (MYRIA)
Myria is a blockchain platform for gaming, offering tools for creating and using gaming assets. It promises to change the gaming industry by providing new opportunities for developers and players.
11. TokenFi (TOKEN)
TokenFi is an all-in-one tokenization platform that allows you to launch tokens or tokenize assets in just a few clicks using a simple WYSIWYG (What You See Is What You Get) interface, without having to write a single line of code.
12. AIOZ Network (AIOZ)
AIOZ Network is a blockchain platform focused on media and entertainment. The project offers solutions for distributed storage and transmission of media content, promising to revolutionize the way media is consumed and distributed.
13. Verasity (VRA)
Veracity develops blockchain solutions for the gaming and video streaming industries, providing tools for copyright protection and content monetization.
14. Inspect (INSP)
Inspect is the heartbeat of Web3, a cutting-edge Layer 2 solution that provides users within X (Twitter) and other social ecosystems with the necessary tools and insights to effectively collaborate in the dynamic realms of cryptocurrencies and NFTs.
15. Pocket Network (POKT)
Pocket Network offers a decentralized network for blockchain applications, providing a reliable and scalable infrastructure for developing and running decentralized applications.
Investing in cryptocurrencies always involves certain risks, but a deep understanding of the market and an informed choice of investment objects can bring significant dividends. It is important to continue to monitor market trends, technological innovations, and overall developments in the cryptocurrency space to stay on the cutting edge of this rapidly changing industry.
As such, these 15 young cryptocurrencies not only represent promising investment opportunities but also reflect the rapid development of blockchain technology that will continue to have a profound impact on financial markets and society in the coming years.

#sol With another eventful week in December ending, let’s delve into a comprehensive analysis of the recent market #trends . This week has been a mixed bag, with #altcoins❗️ showcasing remarkable resilience and strength while Bitcoin consolidates after the recent gains. The altcoin sector, led by tokens like Solana ($SOL ), has seen impressive growth, with some tokens experiencing over 840% gains year-to-date. Amidst this altcoin fervor, Bitcoin has been cautiously navigating the $44,700 resistance level, reflecting a market weighing optimism against caution.Top Gainers & Losers:Leading the pack of gainers, SEI has shown an impressive surge, registering a 53.86% increase in value. This remarkable growth is reflected in its trading price of $0.3682 and a substantial 24-hour trading volume of $328 million. Following closely, #Optimism has also made significant strides, boasting a 48.08% gain. Trading at $3.22, Optimism has seen a soaring trading volume, hitting the $1.028 billion mark. The third spot is occupied by Near Protocol, which has climbed by 44.53%. Its current trading price is $3.33, with a healthy 24-hour trading volume of $296 million.  On the flip side, the market also saw some tokens experiencing downturns. $BONK leads the list of top losers, with a decline of 24.13% over the week, trading at a price of $0.00001836 and a 24-hour volume of $218,000. Helium follows, facing a 15% fall in its value. With a trading price of $7.06, Helium has recorded a significant 24-hour volume of $38 million. Lastly, the FTX Token has witnessed a 14.54% drop, trading at $3.60 and a 24-hour volume of $27 million.Trending Sectors in the Crypto Industry: A Comprehensive OverviewAs the crypto landscape continues to evolve, specific sectors have emerged as particularly noteworthy this week. Let’s delve into the top trending sectors, highlighting their performance and critical players.1. Solana Ecosystem TokensThe Solana ecosystem has garnered significant attention, with its #marketcap reaching $148 billion, marking a 2.57% increase in the last 24 hours. Despite limited significant developments among the big market cap movers, one notable performer is Synthetify (SNY), delivering a staggering 286% return over the past 7 days.However, in terms of market cap, the leaders are Tether (USDT), Solana (SOL), and Chainlink ($LINK ). Tether, a stablecoin, maintains a market cap of $91 billion, closely approaching the trillion-dollar mark. Solana, with a 28% return, and Chainlink, with a 5.53% return in the past week, underscores the vitality of this ecosystem.2. BRC20 TokensContrasting the growth in the Solana sector, the BRC20 tokens have experienced a downturn, with their market cap declining by 2.74% in the past 24 hours. The top three tokens in this sector — SATS, ORDI, and Multibit (MUBI) — have seen declines of 13%, 5.37%, and 27%, respectively, over the past week. Despite this, BRC20.com stands out with a 28.17% return, showcasing the sector’s diverse performance.3. Gaming TokensThe gaming token sector is rising, with a market cap increase of 2.76% in the last 24 hours, reaching $20 billion. This growth is accompanied by a notable 15.68% increase in trading volume. Immutable X leads in market cap within this sector, posting a 15% return over the past week. However, the BAKERY token (BAKE) takes the top performer spot with a remarkable 95% return, indicating the sector’s potential for high returns.4. Distributed Computing TokensAnother trending sector is distributed computing tokens, whose market cap has hit the $20 billion mark, with a 1.54% increase in the last 24 hours. The sector’s standout is the largest computing token by market cap, which saw a 1.12% return this week. However, WIFIMAP (WIFI) leads in performance with an impressive 239% return despite its relatively minor market cap of $14 million.5. AI and Big Data TokensFinally, the AI and Big Data tokens sector is also making waves. Internet Protocol and Injective are notable mentions here. Injective, the second-largest token in this sector, has a market cap of $3.35 billion and has delivered a 30% return in the past week.Is Bitcoin Losing the Hype Around Its ETF? While altcoins enjoy their moment in the spotlight, Bitcoin’s performance has been more subdued yet steady. Traders are closely watching regulators’ potential approval of spot Bitcoin exchange-traded funds (ETFs) in January, an event poised to invigorate the crypto space potentially. However, there’s speculation that the initial demand for these ETFs may not live up to the hype, suggesting a possible retracement as traders might start booking profits.The technical chart highlights the $45K barrier as the bulls struggle to cross past this barrier despite the Santa rally in altcoins. With the sideways growing longer, the chances of a correction with a double top arise. Further, the intraday fall of almost 1% warns of an evening star forming at a crucial resistance. The fate of Bitcoin this week has been closely tied to broader economic indicators and the anticipation of regulatory decisions. The recent data from the Personal Consumption Expenditures (PCE) Index, the Federal Reserve’s preferred inflation gauge, came in lower than expected at 2.6%. This signals a potentially less aggressive stance from the Fed on interest rates, influencing investor sentiment in the crypto market.The CME Group’s FedWatch Tool indicates that the market expects a January pivot in the Federal Reserve’s policy around 15%. This shift in monetary policy expectations and the anticipation of the spot Bitcoin ETFs form a complex backdrop against which Bitcoin’s price movements are being analyzed.Top Altcoins Reaction Around Bitcoin’s StagnancyThe altcoin market has been a hive of activity, with coins like Solana nearing the $100 mark. Driven by factors such as speedy transactions, low fees, and a slew of meme coin issuances. The value locked in Solana applications has surged, indicating robust growth and investor confidence. Source: TradingViewThis rise is not confined to Solana; other altcoins like Avalanche have also posted significant gains. Supported by various factors, including institutional partnerships and technological advancements.Source: TradingviewConclusionThis week in crypto has been a testament to the market’s dynamic nature. While altcoins like Solana have surged, Bitcoin maintains a watchful stance. The coming weeks, with potential regulatory changes and economic indicators, promise to be just as eventful, keeping traders and investors on their toes.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. @WISE CRYPTO NEWS

#Write2Earn ChatGPT, Grok and Bard are making headlines with price predictions, but if you are looking for trading advice, you might as well try tossing a coin insteadHow do they work?How accurate are the #predictions ?The dangers of AI market dominationAI predictions don’t matterPrice predictions from $AI chatbots are gaining more following recently. With promises of accurate price forecasts and potential profitability, many traders are turning to AI-driven platforms for guidance in navigating the volatile crypto markets. However, amid the hype surrounding AI predictions, it's crucial to delve deeper into their efficacy and consider the potential dangers associated with their widespread adoption.How do they work?AI works for crypto the same way it works in any other field: you feed large datasets to your trained model that otherwise no human could possibly operate with. In this case, the data is historical price movement as well as trading volumes and some additional indicators. By analyzing vast amounts of data and leveraging advanced algorithms, AI-driven platforms aim to forecast crypto prices with precision. These predictions are often based on technical analysis indicators, historical #trends , and social media sentiment. One recent study explores Ethereum price forecasting using two methods: Genetic Algorithms (GA) and econometric models. Economic indicators and global indices serve as input variables. A hybrid algorithm combining GA and Artificial Neural Networks (ANN) is developed for accurate predictions, alongside regression analysis and Autoregressive Moving Average (ARMA) models. Historical data from 2019 to 2021 is utilized for evaluation, showcasing AI's superiority in predictability and computational speed compared to econometric methods, maintaining accuracy and minimizing errors.Traders often draw parallels between trained AI models and algorithmic trading. While algo bots operate based on real-time data in a matter of a millisecond, chatbots such as ChatGPT or Elon Musk’s Grok have limited access to current data. But common ground is usually described as ‘deprived of human emotions’. But what if human emotions is what differentiates the crypto world from traditional finance?How accurate are the predictions?Cryptocurrency prices are predominantly influenced by traders, with market sentiment dictating price movements. While events triggering exuberant or panic investing can cause significant fluctuations, the day-to-day trading activity largely shapes the market. In other words, if the #BTC price is mostly defined by demand and supply, should there even be complex mathematical models to predict the price? More importantly, are AI chatbots capable of making precise market predictions?This won’t come as a surprise to anyone who has ever used ChatGPT: it often makes mistakes. An honest mistake is easily recognizable, but deeper lies the more crucial bug of Language Models: making superficial connections between different subject matters. In other words, before asking for a price forecast from a magic ball, it’s better to understand how it works first. One of the major issues with Bitcoin price is the lack of fundamentals to base forecasts on. A strikingly high price forecast, especially when it points upwards, often entices investors. For instance, an individual holding a cryptocurrency valued at $100 might easily envision it soaring to $10,000, driven by optimism and past precedents. However, the challenge lies in the lack of substantiated evidence and thorough analysis accompanying many of these predictions. Sure, you can call $1 million $BTC price prediction merely 'stupid' but there's always context behind those statements. Trading behaviors are predominantly shaped by speculative pricing among traders. Transactions involving bitcoins typically don't exert significant influence on prices due to insufficient buying volume. Consequently, analysts rely on price data influenced by traders and investors to formulate their forecasts. To gauge the accuracy of AI price predictions, let's examine a case study conducted by the GNY Range Report team. Using a machine-learning LSTM model, the team generated price range predictions for Bitcoin (BTC). Traders also participated in a prediction competition, offering insights into human vs. AI forecasting capabilities. While AI predictions showcased a 3% accuracy rate, surpassing that of many traders, there were instances where human intuition outperformed the AI model. The dangers of AI market dominationAI chatbots give huge influence to market participants crypto research. As one of DeFi developers put it in regard to Grok model:The potential dominance of AI in price forecasts poses several dangers for financial markets. Firstly, reliance on AI algorithms could lead to increased market volatility and instability if these systems misinterpret or react poorly to market conditions. Secondly, the opaque nature of AI decision-making processes may exacerbate market manipulation and insider trading, as it becomes more challenging to detect and regulate illicit activities.Another important issue is the ‘self-fulfilling prophecy’ problem if AI starts to play a bigger role. The widespread adoption of AI-driven trading strategies could result in herd behavior and systemic risks, where market participants react similarly to AI-generated signals, leading to exaggerated market movementsFinally, there's a risk of overreliance on AI technology, potentially reducing human oversight and accountability, which could amplify the impact of any errors or biases inherent in the algorithms. Overall, while AI offers significant benefits in price forecasting, its unchecked dominance poses substantial risks to financial market stability and integrity.AI predictions don’t matterIf we’re being completely honest, one must add that AI is not particularly worse in price predictions than its human counterparts. Precise price prediction doesn’t exist and false forecasts are seen more often than accurate. Metrics for identifying effective AI trading models focus on profitability rather than predicting the future. While hedge funds integrate AI for data analysis and market forecasting, innovative approaches like AI-driven hedge funds are emerging, aiming to assist human decision-making rather than replace it.While AI holds immense potential in crypto, it's essential to approach its adoption with caution. Traders must weigh the benefits against the risks, ensuring that human judgment remains a critical component of decision-making processes. By balancing AI-driven insights and human expertise, traders can navigate the complex crypto markets more effectively, mitigating potential dangers while capitalizing on opportunities for profit.Market prices, a culmination of countless judgments, reflect vast information. While AI aids trade execution, it struggles to predict future outcomes like markets do. The market, an intricate system, establishes prices with unparalleled accuracy. Despite AI's allure, it lacks a nuanced understanding of real-world complexities. Evidence supports the efficacy of market pricing over AI predictions. Next time you’re eager to ask the magic chatbot for trading advice, maybe try tossing a coin instead.#TrendingTopic

The crypto market has been volatile in recent months, but there are still some exciting #trends to watch in 2023. Here are a few of the top trends to keep an eye on:

The rise of fan #tokens

Fan tokens are a new type of cryptocurrency that allows fans to support their favorite teams or athletes. They have been gaining popularity in recent months, and some of the biggest teams in the world, such as Manchester City and FC Barcelona, have already launched their own fan tokens. Fan tokens can be used to vote on club decisions, access exclusive content, and even win prizes.

The growth of #DeFi

DeFi, or decentralized finance, is a new financial system that is built on top of #blockchain technology. It allows people to access financial services without the need for a third party, such as a bank. DeFi has been growing rapidly in recent months, and some of the biggest DeFi protocols, such as #Uniswap and Aave, have processed billions of dollars in transactions. DeFi has the potential to revolutionize the way we access financial services, and it is one of the most exciting trends in crypto today.

The increasing adoption of #NFTs

 NFTs, or non-fungible tokens, are a new type of digital asset that represents something unique. They have been used to sell digital art, sports memorabilia, and even real estate. The NFT market has been growing rapidly in recent months, and some NFTs have sold for millions of dollars. NFTs have the potential to revolutionize the way we own and trade digital assets, and they are one of the most talked-about trends in crypto today.

The development of #Web3

Web3 is the next generation of the internet, which is built on top of blockchain technology. It promises to be more decentralized and secure than the current web. Web3 is still in its early stages, but it has the potential to revolutionize the way we interact with the internet.

These are just a few of the crypto trends to watch in 2023. As the crypto market continues to evolve, we can expect to see even more exciting trends emerge in the years to come.

In addition to these trends, there are a few other things to keep in mind as you follow the crypto market in 2023:

The regulatory landscape:

The regulatory landscape for crypto is still evolving, and it is important to stay up-to-date on the latest developments. Some countries have been more welcoming to crypto than others, and it is important to be aware of the regulations in your jurisdiction.

The security risks:

Crypto is a new and emerging technology, and there are still some security risks associated with it. It is important to be aware of these risks and to take steps to protect your crypto assets.

The volatility:

The crypto market is volatile, and prices can fluctuate wildly. It is important to be aware of this volatility and to only invest what you can afford to lose.

By following these tips, you can stay informed about the latest crypto trends and make informed investment decisions.

The crypto market is constantly evolving, and there are always new trends to watch. By staying up-to-date on the latest trends, you can make informed investment decisions and be part of the next wave of innovation.