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#USConsumerConfidence Alot more persons are loosing the steam of staying in the market. some think that both the bull run and the alt season won't happen again.
Listen, this market is for the most patient and for those who have a firm understanding of the cycles.
watch and see what will unfold in 2 months time.
#NFA #
Listen, this market is for the most patient and for those who have a firm understanding of the cycles.
watch and see what will unfold in 2 months time.
#NFA #
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Binance Alpha: A Modern Platform for Smarter Investing
Hey, Binancians!
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Well, that’s where Binance Alpha comes in. This platform was created to help anyone find interesting investment opportunities before a token is listed on Binance Exchange. With Binance Alpha, the process is more transparent, so you can keep an eye on the rising crypto projects.
When it comes to investing, the steps taken by experienced investors are often the ones to follow. They have their own way of finding potential projects before they become a hot topic. But the problem is, not everyone has the same access or resources to follow their lead.
Well, that’s where Binance Alpha comes in. This platform was created to help anyone find interesting investment opportunities before a token is listed on Binance Exchange. With Binance Alpha, the process is more transparent, so you can keep an eye on the rising crypto projects.
JasmyCoin (JASMY) Holds Key MA Support: Historical Trends Hint at Potential Rally
Date: Tue, Jan 21, 2025, 06:11 AM GMT
In the cryptocurrency market today, after a period of significant volatility following recent political developments, Bitcoin (BTC) has shown a strong recovery with a 2% bounce and is now trading above $106K.
Following Bitcoin’s lead, altcoins are also turning green, including JasmyCoin (JASMY), which recently underwent substantial corrections but is now showing signs of a rebound.
Source: Coinmarketcap
JasmyCoin Holds 200MA Support
$JASMY recently experienced a sharp decline, with its price dropping to a low of $0.02580. However, the 200-day Moving Average (200MA) acted as a reliable support level, helping the token bounce back to its current level of $0.029. This rebound from the 200MA is a promising sign for traders, as it often indicates the potential for a price recovery.
JasmyCoin (JASMY) Chart/ Source: @cryptofrontio (X)
According to insights shared by crypto trader @CryptoFrontio, JASMY encountered a similar situation in January 2024. At that time, the price found support at the 200MA and subsequently skyrocketed by over 900% in the following months. If the current setup mirrors last year’s performance, JASMY could be gearing up for another substantial rally.
The next potential target for JASMY lies near its December 2024 high of $0.0059, representing a significant upside if the bullish momentum persists. While the market remains cautious, the historical strength of the 200MA as a support level adds to the optimism surrounding JASMY's near-term prospects.
What to Watch
As JASMY trades above the 200MA, traders and investors are closely monitoring its price action for further confirmation of a breakout. The 200MA support level has historically been a key indicator of bullish reversals, and if JASMY can sustain its momentum, it could attract renewed buying interest, driving the price higher.
However, it’s important to keep an eye on broader market conditions and any resistance levels that could slow down the rally. For now, JASMY’s ability to hold above the 200MA makes it a token to watch in the coming weeks.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.
#JASMY #NFA
In the cryptocurrency market today, after a period of significant volatility following recent political developments, Bitcoin (BTC) has shown a strong recovery with a 2% bounce and is now trading above $106K.
Following Bitcoin’s lead, altcoins are also turning green, including JasmyCoin (JASMY), which recently underwent substantial corrections but is now showing signs of a rebound.
Source: Coinmarketcap
JasmyCoin Holds 200MA Support
$JASMY recently experienced a sharp decline, with its price dropping to a low of $0.02580. However, the 200-day Moving Average (200MA) acted as a reliable support level, helping the token bounce back to its current level of $0.029. This rebound from the 200MA is a promising sign for traders, as it often indicates the potential for a price recovery.
JasmyCoin (JASMY) Chart/ Source: @cryptofrontio (X)
According to insights shared by crypto trader @CryptoFrontio, JASMY encountered a similar situation in January 2024. At that time, the price found support at the 200MA and subsequently skyrocketed by over 900% in the following months. If the current setup mirrors last year’s performance, JASMY could be gearing up for another substantial rally.
The next potential target for JASMY lies near its December 2024 high of $0.0059, representing a significant upside if the bullish momentum persists. While the market remains cautious, the historical strength of the 200MA as a support level adds to the optimism surrounding JASMY's near-term prospects.
What to Watch
As JASMY trades above the 200MA, traders and investors are closely monitoring its price action for further confirmation of a breakout. The 200MA support level has historically been a key indicator of bullish reversals, and if JASMY can sustain its momentum, it could attract renewed buying interest, driving the price higher.
However, it’s important to keep an eye on broader market conditions and any resistance levels that could slow down the rally. For now, JASMY’s ability to hold above the 200MA makes it a token to watch in the coming weeks.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.
#JASMY #NFA
Sui (SUI) Breaches Ascending Channel Support: Is a Recovery or Further Decline Ahead?
Date: Tue, Jan 21, 2025, 06:12 AM GMT
In the cryptocurrency market, the last 24 hours have been notably volatile. The much-anticipated inauguration of Donald Trump concluded without any direct comments on cryptocurrency, but large-scale buying by Trump's World Liberty Financial hints at a pro-crypto stance.
Meanwhile, Bitcoin dominance surged to 59%, pushing many altcoins into the red. Amid this downturn, Layer-1 token Sui (SUI) has also experienced a significant decline, shedding over 5% of its value.
Source: Coinmarketcap
Breaches Ascending Channel Support
Sui (SUI) has been a standout performer in recent months, rallying from $1.85 in November to a remarkable all-time high of $5.36. During this period, $SUI established an ascending channel pattern, defined by consistent higher highs and higher lows. The token also repeatedly broke descending trendlines (highlighted with circles on the chart).
Sui (SUI) 1D Chart/Coinsprobe (Source: Tradingview)
However, the recent wave of volatility has caused SUI to breach its channel support at the $4.66 level. This drop also sliced below the 50-day moving average, a key technical indicator, signaling a bearish outlook.
Currently, SUI is trading at $4.30, holding above the current support level of $4.23.
Technical Indicators Signal Caution
The MACD (Moving Average Convergence Divergence) indicator supports the bearish narrative:
The signal line is above the MACD line, confirming a downward trend.The histogram is widening in the negative zone, reflecting increasing bearish momentum.
Unless these MACD lines converge and cross upward soon, further downside could be expected. The next support level lies at $3.95, and traders should keep an eye on this level if selling pressure intensifies.
Is a Recovery or Further Decline Ahead?
For SUI to stage a recovery, bulls need to reclaim the $4.66 level, where the ascending channel support was broken. A quick bounce from the current levels and a reversal of the MACD signals could spark a bounce.
However, if the $4.23 support fails to hold, SUI might face further decline toward $3.95, the next critical levels on the chart.
Traders should monitor Bitcoin's dominance and overall market sentiment, as these factors will play a pivotal role in determining SUI’s next move.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#SUI #NFA
In the cryptocurrency market, the last 24 hours have been notably volatile. The much-anticipated inauguration of Donald Trump concluded without any direct comments on cryptocurrency, but large-scale buying by Trump's World Liberty Financial hints at a pro-crypto stance.
Meanwhile, Bitcoin dominance surged to 59%, pushing many altcoins into the red. Amid this downturn, Layer-1 token Sui (SUI) has also experienced a significant decline, shedding over 5% of its value.
Source: Coinmarketcap
Breaches Ascending Channel Support
Sui (SUI) has been a standout performer in recent months, rallying from $1.85 in November to a remarkable all-time high of $5.36. During this period, $SUI established an ascending channel pattern, defined by consistent higher highs and higher lows. The token also repeatedly broke descending trendlines (highlighted with circles on the chart).
Sui (SUI) 1D Chart/Coinsprobe (Source: Tradingview)
However, the recent wave of volatility has caused SUI to breach its channel support at the $4.66 level. This drop also sliced below the 50-day moving average, a key technical indicator, signaling a bearish outlook.
Currently, SUI is trading at $4.30, holding above the current support level of $4.23.
Technical Indicators Signal Caution
The MACD (Moving Average Convergence Divergence) indicator supports the bearish narrative:
The signal line is above the MACD line, confirming a downward trend.The histogram is widening in the negative zone, reflecting increasing bearish momentum.
Unless these MACD lines converge and cross upward soon, further downside could be expected. The next support level lies at $3.95, and traders should keep an eye on this level if selling pressure intensifies.
Is a Recovery or Further Decline Ahead?
For SUI to stage a recovery, bulls need to reclaim the $4.66 level, where the ascending channel support was broken. A quick bounce from the current levels and a reversal of the MACD signals could spark a bounce.
However, if the $4.23 support fails to hold, SUI might face further decline toward $3.95, the next critical levels on the chart.
Traders should monitor Bitcoin's dominance and overall market sentiment, as these factors will play a pivotal role in determining SUI’s next move.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#SUI #NFA
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Grab your bags to fly before take Off
#NFA #DYOR
#ShareMyTrades $FIDA
FIDA will not come slow
FIDA is a real Gem which has a strong Use case and potential to make 60X
Grab your bags to fly before take Off
#NFA #DYOR
#ShareMyTrades $FIDA
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FIDA/USDT
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Ondo (ONDO) Retesting Falling Wedge Breakout: Is A Bounceback Ahead?
Date: Tue, Jan 21, 2025, 04:21 AM GM
In the last 24 hours, the cryptocurrency market has experienced notable volatility. While Donald Trump’s much-anticipated inauguration concluded without explicit mentions of crypto, large purchases by Trump’s World Liberty Financial have reaffirmed his pro-crypto stance.
Source: @worldlibertyfi (X)
Meanwhile, Bitcoin dominance soared past 59% today, exerting pressure on altcoins, which are largely in the red. Among them, Ondo (ONDO), an RWA (Real-World Asset) token, is also facing a downturn. However, its technical price action hints at a potential recovery in the near future.
Source: Coinmarketcap
Retesting Falling Wedge Breakout
ONDO's bullish momentum began in November 2024, with a staggering 250% rally from $0.65 to a peak of $2.14. After this rally, $ONDO entered a correction phase, forming a Falling Wedge pattern—a classic bullish reversal indicator.
ONDO 1D Chart/Coinsprobe (Source: Tradingview)
Meanwhile recently on January 18, ONDO broke out above the wedge's descending trendline, marking a short-term high of $1.55. This breakout suggested the possibility of a reversal, provided ONDO maintained support above the wedge’s upper boundary.
As of now, ONDO is trading at $1.28, holding above the critical $1.20 support level, where the 50-day moving average aligns. This level is a key inflection point for ONDO’s price action. A successful bounce from this zone could lead to a retest of the immediate resistance range of $1.55-$1.64. Beyond this, the next major resistance lies at $2.14, the token's previous high.
The MACD (Moving Average Convergence Divergence) is nearing a bullish crossover, indicating growing buying pressure. This reinforces the possibility of an upward move if ONDO sustains its current support levels.
What’s Next for ONDO?
A bounce could reignite bullish momentum, potentially leading to a rally toward $2.14. Conversely, a break below this support might expose ONDO to further declines, with the next support near $1.10.
BTC dominance will remain a key factor to watch, as further increases in dominance could suppress altcoins, including ONDO. However, any pullback in Bitcoin dominance could provide ONDO and other altcoins with room to recover.
Final Thoughts
Ondo's price action and technical indicators suggest a potential reversal, but its path forward depends on holding critical support levels and overcoming near-term resistance zones. For traders, ONDO presents an intriguing opportunity, but caution is advised given the broader market conditions.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#ONDO #NFA
In the last 24 hours, the cryptocurrency market has experienced notable volatility. While Donald Trump’s much-anticipated inauguration concluded without explicit mentions of crypto, large purchases by Trump’s World Liberty Financial have reaffirmed his pro-crypto stance.
Source: @worldlibertyfi (X)
Meanwhile, Bitcoin dominance soared past 59% today, exerting pressure on altcoins, which are largely in the red. Among them, Ondo (ONDO), an RWA (Real-World Asset) token, is also facing a downturn. However, its technical price action hints at a potential recovery in the near future.
Source: Coinmarketcap
Retesting Falling Wedge Breakout
ONDO's bullish momentum began in November 2024, with a staggering 250% rally from $0.65 to a peak of $2.14. After this rally, $ONDO entered a correction phase, forming a Falling Wedge pattern—a classic bullish reversal indicator.
ONDO 1D Chart/Coinsprobe (Source: Tradingview)
Meanwhile recently on January 18, ONDO broke out above the wedge's descending trendline, marking a short-term high of $1.55. This breakout suggested the possibility of a reversal, provided ONDO maintained support above the wedge’s upper boundary.
As of now, ONDO is trading at $1.28, holding above the critical $1.20 support level, where the 50-day moving average aligns. This level is a key inflection point for ONDO’s price action. A successful bounce from this zone could lead to a retest of the immediate resistance range of $1.55-$1.64. Beyond this, the next major resistance lies at $2.14, the token's previous high.
The MACD (Moving Average Convergence Divergence) is nearing a bullish crossover, indicating growing buying pressure. This reinforces the possibility of an upward move if ONDO sustains its current support levels.
What’s Next for ONDO?
A bounce could reignite bullish momentum, potentially leading to a rally toward $2.14. Conversely, a break below this support might expose ONDO to further declines, with the next support near $1.10.
BTC dominance will remain a key factor to watch, as further increases in dominance could suppress altcoins, including ONDO. However, any pullback in Bitcoin dominance could provide ONDO and other altcoins with room to recover.
Final Thoughts
Ondo's price action and technical indicators suggest a potential reversal, but its path forward depends on holding critical support levels and overcoming near-term resistance zones. For traders, ONDO presents an intriguing opportunity, but caution is advised given the broader market conditions.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#ONDO #NFA
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The launch of the meme coin by the First Lady of the USA, Melania Trump, seems excessive already.
#nfa
#nfa
Bonk (BONK) Retesting Broadening Wedge Breakout: Is A Bounceback Ahead?
Date: Sun, Jan 19, 2025, 05:12 AM GMT
The cryptocurrency market in the past 48 hours has been dominated by the meteoric rise of Donald Trump’s $TRUMP memecoin, which has drawn liquidity from other top memecoins. Among the impacted memecoin is the Solana-based Bonk (BONK), which is trading in the red today. However, its technical chart hints at a potential reversal in the near future.
Source: Coinmarketcap
Retesting Its Broadening Wedge Breakout
As highlighted by prominent crypto analyst @JohncyCrypto, Bonk (BONK) recently confirmed a breakout from its broadening wedge pattern on the 12-hour timeframe. The token is currently retesting the resistance level it just broke out of, indicating a potential pivot point for the token’s trajectory.
BONK 12H Chart/Source: @JohncyCrypto (X)
The 50-day and 100-day moving averages (MA) are crucial indicators here. A successful retest and breakout above the MA 100 could pave the way for an upside move. BONK is showing signs of stability as it consolidates near its key resistance zone.
Is A Bounceback Ahead?
At the time of writing, $BONK is trading at $0.000034, having nearly completed its retest phase. If it manages to bounce decisively above the resistance level of $0.000036, a strong upside move could follow. Potential targets include $0.000040, $0.000049, and even as high as $0.000057 in the short term.
Adding to this optimism, tomorrow's inauguration of Donald Trump as president could inject additional momentum into the memecoin market. This event may serve as a bullish catalyst for BONK and similar tokens, given the broader surge in memecoin activity driven by Trump’s influence.
While BONK's short-term trajectory remains uncertain, the technical patterns and current market sentiment suggest that a bounceback could be imminent. Traders are advised to monitor the token closely as it tests its critical resistance levels.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Bonk #NFA
The cryptocurrency market in the past 48 hours has been dominated by the meteoric rise of Donald Trump’s $TRUMP memecoin, which has drawn liquidity from other top memecoins. Among the impacted memecoin is the Solana-based Bonk (BONK), which is trading in the red today. However, its technical chart hints at a potential reversal in the near future.
Source: Coinmarketcap
Retesting Its Broadening Wedge Breakout
As highlighted by prominent crypto analyst @JohncyCrypto, Bonk (BONK) recently confirmed a breakout from its broadening wedge pattern on the 12-hour timeframe. The token is currently retesting the resistance level it just broke out of, indicating a potential pivot point for the token’s trajectory.
BONK 12H Chart/Source: @JohncyCrypto (X)
The 50-day and 100-day moving averages (MA) are crucial indicators here. A successful retest and breakout above the MA 100 could pave the way for an upside move. BONK is showing signs of stability as it consolidates near its key resistance zone.
Is A Bounceback Ahead?
At the time of writing, $BONK is trading at $0.000034, having nearly completed its retest phase. If it manages to bounce decisively above the resistance level of $0.000036, a strong upside move could follow. Potential targets include $0.000040, $0.000049, and even as high as $0.000057 in the short term.
Adding to this optimism, tomorrow's inauguration of Donald Trump as president could inject additional momentum into the memecoin market. This event may serve as a bullish catalyst for BONK and similar tokens, given the broader surge in memecoin activity driven by Trump’s influence.
While BONK's short-term trajectory remains uncertain, the technical patterns and current market sentiment suggest that a bounceback could be imminent. Traders are advised to monitor the token closely as it tests its critical resistance levels.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Bonk #NFA
Ethereum (ETH) Gains Momentum After Accumulation By Trump’s World Liberty: Is A Breakout On Horizon?
Date: Sun, Jan 19, 2025, 03:34 PM GMT
In today's crypto market, all eyes might be on Donald Trump’s $TRUMP memecoin, but another moves quietly making waves. Donald Trump’s World Liberty Financial has reportedly made a massive Ethereum (ETH) accumulation. Despite ETH not recording any major gains in the past 30 days, this news has sparked renewed interest, potentially setting the stage for a breakout.
Source: Coinmarketcap
Large Accumulation By World Liberty Financial
According to Lookonchain, Trump’s World Liberty Financial spent $20 million in USDC to purchase 6,041 ETH at an average price of $3,311. This move signals confidence in ETH's long-term value and has brought significant attention to the asset, even amid market-wide stagnation.
Source: Lookonchain (X)
Is A Breakout On Horizon?
ETH’s daily chart displays a falling wedge pattern, a bullish reversal signal. After pulling back from the December 16 high of $4,109, Ethereum has consistently tested the wedge's resistance and support lines. As of now, $ETH is trading at $3,396, nearing the wedge's upper resistance trendline, marked by the shaded area on the chart.
Ethereum (ETH) 1D Chart/Coinsprobe (Source: Tradingview)
A successful breakout from the trendline and a move above $3,526, the upper range of this resistance box, could validate the wedge's bullish potential. Such a breakout might propel ETH towards its next resistance levels at $3,745 and $4,109, offering an upside of around 17%.
The MACD (Moving Average Convergence Divergence) indicator on the daily timeframe is starting to show bullish momentum. The histogram is turning green, and the signal line is attempting to cross above the MACD line, which could indicate that buying pressure is increasing. Additionally, the narrowing wedge pattern aligns with the idea of reduced volatility leading to a decisive move.
Ethereum’s fundamentals, paired with this accumulation by Trump’s World Liberty, are creating a promising outlook. If ETH manages to sustain this upward momentum and break the critical resistance levels, it could signal the start of a new bullish rally.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Ethereum #NFA
In today's crypto market, all eyes might be on Donald Trump’s $TRUMP memecoin, but another moves quietly making waves. Donald Trump’s World Liberty Financial has reportedly made a massive Ethereum (ETH) accumulation. Despite ETH not recording any major gains in the past 30 days, this news has sparked renewed interest, potentially setting the stage for a breakout.
Source: Coinmarketcap
Large Accumulation By World Liberty Financial
According to Lookonchain, Trump’s World Liberty Financial spent $20 million in USDC to purchase 6,041 ETH at an average price of $3,311. This move signals confidence in ETH's long-term value and has brought significant attention to the asset, even amid market-wide stagnation.
Source: Lookonchain (X)
Is A Breakout On Horizon?
ETH’s daily chart displays a falling wedge pattern, a bullish reversal signal. After pulling back from the December 16 high of $4,109, Ethereum has consistently tested the wedge's resistance and support lines. As of now, $ETH is trading at $3,396, nearing the wedge's upper resistance trendline, marked by the shaded area on the chart.
Ethereum (ETH) 1D Chart/Coinsprobe (Source: Tradingview)
A successful breakout from the trendline and a move above $3,526, the upper range of this resistance box, could validate the wedge's bullish potential. Such a breakout might propel ETH towards its next resistance levels at $3,745 and $4,109, offering an upside of around 17%.
The MACD (Moving Average Convergence Divergence) indicator on the daily timeframe is starting to show bullish momentum. The histogram is turning green, and the signal line is attempting to cross above the MACD line, which could indicate that buying pressure is increasing. Additionally, the narrowing wedge pattern aligns with the idea of reduced volatility leading to a decisive move.
Ethereum’s fundamentals, paired with this accumulation by Trump’s World Liberty, are creating a promising outlook. If ETH manages to sustain this upward momentum and break the critical resistance levels, it could signal the start of a new bullish rally.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Ethereum #NFA