#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.
Most people are not seeing the real potential value of this AI crypto project.
They are too much focuses on big names like $RNDR or $FET but let me tell you, this project is a SLEEPING GIANT.
Did you guess the project? 🤔
I am talking about $GRT ⚡
The Graph is as an indexing protocol, with the aim of improving accessibility to blockchain data. The platform enables users to conveniently search for Ethereum-based data through the use of simple queries.
Just like google but on blockchain.
Wondering about a possible entry? I got you covered 👇
PRICE ACTION - Macro to Micro analysis:
_MACRO ( Weekly chart)
The monthly chart shows the substantial upward potential of this project. Now, we are still navigating through the lower price ranges. We first attacked 0.50$ level before retesting and bouncing back from 0.20$ If we can get back to and hold onto that $0.50 mark, we could see some serious gains.
Considering the current market cap and the robust fundamentals of the project, it's plausible for this coin to achieve at least a 5x increase in the upcoming months. If not even more especially during a bullish market and within the expansion of AI narrative.
If you are holding a bag like me, a possible first take profit target would be approximately $0.85 at the 0.618 level.
_MICRO (Daily chart)
Price has just experienced a retest of the $0.2 level, showing promising signs of demand. Currently, price is aiming for the $0.30 mark, and once we successfully close above it, we could soar back to $0.50. Anything below 0.30$ is a good entry point ⚖️
I am holding for the long term⏳ What about you? What's your plan?👇
I have decided to heavily invest in low cap #AI projects
Wondering why?
Well, there are many reasons, but one in particular really got me onboard.
In every cycle, crypto space is hit with different emerging narratives like NFTs and DeFi in the last bull run. Being able to anticipate them is key to redirecting your investments and enjoy substantial gains.
And now more than ever we have a golden opportunity.
Rare moments like these, where a clear trend is tangible and interest from major players in the market is palpable, don't come around often.
Ai will grow. A lot. Every solid crypto project built on AI will benefit from the surge.
Just think about $FET . A solid 30X. But beyond ChatGPT, what other innovations drove the price up?
Now you probably understand.
The AI narrative has a long way to go, and we have only just witnessed the first moment of euphoria. The next big thing will be Sora, but the life-changing innovations (and gains) are yet to come.
Please don't gamble your money #memecoins like $PEPE or $WIF or $SHIB.. Focus your investments on real projects with value.
#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 👇
Despite the positive news of the #HKETF drop, the macro outlook does not look very promising on $BTC ..
As mentioned in my linked post, the monthly closing is crucial for sustaining the bullish momentum At this moment, the closing indicates a clear engulfing bearish pattern, which is truly concerning for the upcoming month of May 🩸🩸🩸
I advise against trading on leverage during these days. Concentrate your energy in identifying key trends for your long term bags.
Remember, if $BTC altcoins will likely follow aswell. Be prepared 🔍
Here are the key accumulation levels I am watching 👀:
_53k ⏳ 90% possibility _47k ⏳ 70% possibility _44k ⏳ 40% possibility _32k ⏳ in case of bearish news affecting crypto space.
Renzo is a liquid restaking protocol based on the EigenLayer blockchain. Essentially, it enables users to stake and other liquid staking tokens while remaining liquid. In fact, by staking assets on Renzo, you are rewarded with ezETH, while earning ezPoint rewards for future airdrops and restaking opportunities.
The project has all the potential to provide high returns in the next #bullrun . Keep in mind that restaking represents a newly emerging trend, and many big players are making substantial investments in restaking projects.
However, as a general rule, I would advise against buying or trading immediately after listing. With every launchpool or new listing, there is typically significant selling pressure from large launchpool or airdrop farmers. Additionally, the macro outlook and $BTC performance are not favorable at the moment.
Let the price settle down and wait for a clear direction before considering any action.
According to the Renzo whitepaper: Initial Circulating Supply: 1,150,000,000 Total Supply: 10,000,000,000
IMO, it is safe to assume a market cap of around 200-350 million at listing with a price of around $0.30. The potential is huge if we compare it to other similar projects like $pendle ($1.5B market cap).
What is your prediction? 🔮 Let me know down in the comments👇
TOP 5 #MINING COMPANY #STOCKS by MCAP⚡️💯🚨 #bitcoin miners will now earn 3.125 BTC per block following the #halving ⚡️💯🚨 Yet mining extends beyond cryptocurrencies 👀 Full analysis incoming!
Called a Wolf pattern developing on D TF almost 10 days ago (See my post on X)
Price has now retested the 2.50-2.30$ level in the grey box as predicted. I am expecting another leg up to test again 3.50$ level before coming back to earth 📉🔨
PEOPLE DO NOT UNDERSTAND THE MASSIVE POTENTIAL ON THESE SLEEPING GIANTS ⚡️🔥🚀
Which one would you add?
Always DYOR. This is NFA.
#crypto #bircoinhalving #bitcoin #altcoins #binancelaunchpool
Despite the excitement around the new #Megadrop which many have already covered, I would like to shift your focus to the #BounceBit project ✨
If you have been following me for a while, especially on X, you will know that I am incredibly bullish on BTC, #DeFi and the Layer 2 narrative.
Remember Defi explosion during the last bullrun? Well you might consider jumping on the $BTC Defi train before it is too late 🚀
Why?
Given the recent institutional investment in BTC and the attention on the #bitcoinhalving , a potential surge in demand for DeFi products on BTC is more than likely🔥
In this context, BounceBit stands out as the first restaking infrastructure deployed on BTC.
BounceBit allows BTC holders to earn rewards across multiple networks, mixing CeFi and DeFi always with the security of BTC. Moreover, the project is backed by major players like @null Labs, #OKX Ventures, Blockchain Capital, and more.
All the ingredients for a successful project are in place. (I will cover more in one of the next threads)
That is not the only one that will benefit from that. There are several others worth considering,( $STX , $ZEUS, $SOV ..). Check out the highlights section on my X profile for the full list 👀
You won't be disappointed 😉
Let me know in the comments which project are you monitoring 👇👀
NGL connects all of these narratives on an innovative L1 blockchain. Here is how along with everything you should know about it 👇 1_PROJECT NGL main focus is interoperability, facilitating the connection of data, assets, and more between dApps and networks. It simplifies Omnichain operations The infrastructure empowers developers to create customized data pathways for both on-chain and off-chain data, providing seamless communication between smart contracts across any network
2_ LIQUID VAULTS AND RESTAKING
Entangle has developed a new pioneering solution: LIQUID VAULTS
Liquid Vaults optimize liquidity by refinancing yield-bearing assets across 11 blockchains , fully unlocking LP tokens for expanded utility.
By introducing 11 Asset Backed LSD supported by Entangle's Universal Data Feeds, Liquid Vaults enhances liquidity while maintaining composability and transferability. Users can now leverage Liquid Vaults as collateral to borrow assets against their original LP position. At the same time it earns yields on the underlying asset.
3_ DECENTRALIZED ASSETS AND RWA: OMNICHAIN DATA Let's take storage as an example: Decentralized storage networks link surplus storage with demand, forming an efficient marketplace secured by blockchain. For example, #Filecoin rewards providers with $FIL tokens and ensures reliability through token collateral.
Entangle's infrastructure enables real-time sharing of data and assets across various blockchains.
The same goes for the RWA narrative Entangle position itself at the center of Real World Asset tokenization, ensuring the transfer of verifiable off-chain data onto the blockchain
4_ WORLD CLASS INVESTORS
Backed by some of the most important business investors such as: BigBrainVC iVerseVision, CogitentV , LBankLabs, Faculty Group etc
5_ PRICE AND TOKENOMICS
NGL was recently listed on many exchanges. Wen #binance 👀
Price is averaging around 1.45$ MCAP: 160M Circulating Supply: 109.85M Max supply: 1BN
6_ MASSIVE POTENTIAL Despite the total supply, the project has an immense potential compared to peers like $LINK $PYTH and Axelar
Follow me for more alpha, in depth project analysis and trading setups
Called a Wolf pattern developing on D TF almost 10 days ago (See my post on X)
Price has now retested the 2.50-2.30$ level in the grey box as predicted. I am expecting another leg up to test again 3.50$ level before coming back to earth 📉🔨
$BTC LAYER 2: Unlocking the full potential of #bitcoin
With big ETF funds getting in, #DeFi and #NFTS on $BTC could really take off 🚀 Based on the latest research from @TheSpartanGroup, there is a potential market of up to 238 BN to be discovered!! #layer2 expansion is just inevitable.
Find my deep dive on the report on X 👇 https://x.com/JJCrypto__/status/1756422411019223285