Echelon Prime (PRIME) Analysis: Bearish Trend with Potential Bottom

#Prime #Echelon #CryptoMarketMoves #Write2Earn! #Market_Update

Brief Analysis :
Echelon Prime, a gaming-focused cryptocurrency, has been in a downward trend since March 2024. Current indicators suggest that if PRIME breaks below the $5.9 level, it could continue to drop, potentially reaching a support range between $4.0 and $2.0. This range may establish a significant bottom for the asset, stabilizing its value for future growth.

Key Levels :
- Bearish Continuation : Confirmed if price drops below $5.9.
- Target Support Range : $4.0 to $2.0, anticipated to form a major bottom.
- Trend Reversal : If PRIME surpasses $12.5, this bearish outlook would be invalidated.

Conclusion and Advice :
For traders observing PRIME, consider this bearish trajectory carefully, particularly the $5.9 level as an indicator of further decline. Approaching the anticipated support range with caution is advised, as it may offer a strategic entry for those awaiting stabilization. If PRIME trends upward past $12.5, a bullish reversal may be in play.

Use risk management and monitor price movements closely in this volatile phase.

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#orderlynetwork #xade #Prime #Orderly #StartInvestingInCrypto

Upcoming Token Unlocks

Let's take a look at the compilation of major upcoming token unlocks, diving into details such as dates, amounts, and projects related to tokens that are currently locked up, but will soon be released to the market. During this week, $DYDX , $SUI , $AXL , $PRIME, and $AI will have the biggest unlocks.

#SUI- #BTC #DYDX/USDT #AXL #Prime

#Alert!!

3 Cryptocurrencies To Avoid Trading This Week👇

🔺Avoid Trading dYdX (DYDX) Amid Massive Unlock
🔺Optimism (OP) Token Unlock
🔺Echelon Prime (PRIME)

1. Avoid Trading dYdX (DYDX) Amid Massive Unlock

First, dYdX (DYDX) amounts to nearly 45% of the total unlocked tokens next week, and speculators should avoid trading it.

The decentralized exchange protocol will release 33.34 million DYDX on February 29, worth $130 million by press time.

Private investors will receive the most of it, 18.49 million tokens worth $72.10 million, which suggests profit realization.

Further, the team will receive the remaining 14.85 million, which may also go through a sell-off.

2. Optimism (OP) Token Unlock

Second, crypto investors should avoid trading Optimism (OP) as next week’s second-largest unlock.

The layer-2 protocol for Ethereum (ETH) will release 24.16 million OP earlier on February 29, worth $86.73 million.

Interestingly, the distribution will be similar for the team (‘Core Contributors’) and private investors.

The former will receive 12.75 million OP, while the latter will receive 11.41 million tokens.

3. Echelon Prime (PRIME)

Finally, Echelon Prime (PRIME) will unlock $20.44 million worth of 1.66 million PRIME a day before the other two, on February 28.

912,040 PRIME will go to the Parallel Studios reserve and 750,000 to its private investors.

Thus, the Web3 gaming studio native token is another cryptocurrency to avoid trading next week for investment protection.

#Note - However, these cryptocurrencies can still perform well in the following days despite the expected sell-offs.

The cryptocurrency market is highly volatile and unpredictable, meaning everything can happen in the short term.

#Write2Earn #dYdXChain #Optimisim #Prime

$PROM

$PRIME is taking the lead again. A base donation of around $7 has been approved. If $BTC continues to be bullied and web3 play continues, it will now surpass our next target of $12.6.
#Write2Earn #Prime #SOFR_Spike #BinanceHODLerBANANA

💸 **Token Unlock Alert: $334 Million This Week!** 💸

📅 **Date:** Feb 26, 2024

🔓 **Token Unlocks This Week:**
DYDX, OP, and PRIME are set to unlock with a total release value of approximately $334 million.

🚀 **Highlighted Unlocks:**
- Nym (NYM): 25 million tokens on Feb 27, 8:00 ($5.36 million)
- Yield Guild Games (YGG): 16.69 million tokens on Feb 27, 10:00 ($8.95 million)
- SingularityNET (AGIX): 8.97 million tokens on Feb 28, 8:00 ($6.56 million)

📈 **Significant Unlocks:**
- Echelon Prime (PRIME): 1.66 million tokens on Feb 29, 8:00 ($20.97 million)
- Optimism (OP): 24.16 million tokens on Feb 29, 12:00 ($88.66 million)
- DYDX (dYdX): 33.33 million tokens on Mar 1, 8:00 ($117 million)

💼 **Circulating Supply Impact:**
These unlocks range from 0.34% to 11.09% of the circulating supply, influencing market dynamics.

📊 **Token Market Impact:**
Keep an eye on the market as these tokens unlock, potentially impacting their respective projects and broader cryptocurrency trends.

#NYM #dydx #Prime #Optimisum #tokens
$OP $DYDX

If the Market is RED, price of GEMs is near to Smart Money's entry! Will you miss those opportunities again? 🤔

1. $TAO - Average buying price of Smart Money is $596 and market price of #TAO is around 655. A small group of Smart Traders begin to take profits, while Whales are accumulating more (Image 2)

- The previous time, Whales took profits gradually regarding the decrease in price, but in the last 24hrs, they have bought more 4.91K TAO ~ $3.29M.

2. $PRIME - below the entry of Smart Money. #Prime 's position is not secure when half of the Smart Money has chosen to sell. You can observe the actions of a skilled wallet, PRIME, here: 0x9b4da8243fced2f6b0ea59c098ccc6724f309ea0

3. $ATOR shows positive signs as the selling volume is very low and showing signs of slowing down. ATOR is a positive indication for you to consider in the price range fluctuating around 3-5%.

4. #Toncoin is the native token of the Ton ecosystem, which will change the game in 2024-2025, being a major competitor in Dapp with $BNB Chain and #memecoin‬⁩ with Solana ($SOL ).
The average purchase price of Smart Money is ~$4. The current price is around $3.7, and there are DCA orders appearing.

5. $MAVIA - GameFi token with backing from Binance Labs. There is strong accumulation around the $6 range, and the current price is $6 with no small selling pressure. Keep an eye on this wallet: 0x24fcfc492c1393274b6bcd568ac9e225bec93584 for further good strategies with #mavia .

*Be patient with $BTC's correction, it's doing a healthy trend line!

#Prime PUMPED HARD

$PRIME 96% UP SINCE UPDATE WITHOUT ANY LEVERAGE IN SPOTS 😎

❤️ THIS POST AND I WILL SHARE THE NEXT 10X GEM COIN

🚀 3 Hidden Gem Altcoins That May Pump in October 2024! 🚀

Looking for under-the-radar altcoins with potential for big gains? Here are three altcoins to watch in October 2024:

▪︎Echelon Prime (PRIME) – Holders are staying strong, and with bullish indicators, we could see a rally up to $17.25!

▪︎Celo (CELO) – This project is gaining momentum with promising developments in its ecosystem.

▪︎Aethir (AETH) – A golden cross and accumulation by large investors suggest a potential price jump to $0.090!

These altcoins could be set for a breakout, so keep them on your radar! 💥
#Prime #Celo #aethier