Lately, the spotlight has been on various #memecoins and new #tap2earn projects. However, there are still some major players that are underperforming but have massive upside potential! That's why I am focusing on these projects for some stable gains! 👇
$AR @Arweave Ecosystem offers a permanent decentralized storage solution and web access. Similar to #Bitcoin but for data.
Backed by major investors like Coinbase, it has gotten a lot of attention, but only a few saw its real potential when it was still on the lows. I shared a full analysis of AR back in February when it was trading around $10. (See my X profile!)
Narrative: Cloud & Web3 Data Storage Price potential: > $50
$RENDER Render Network is the first decentralized GPU rendering platform, allowing artists to scale rendering tasks on demand through high-performance GPU nodes around the globe. AI is just getting started, and with that, the upside potential for Render is massive
Narrative: AI Price potential: > $20
$POL @Polygon Matic's migration to POL is complete, unlocking even more possibilities for expanding its use cases. There’s still plenty of upside here. I’m predicting it will hit $1 by the end of the year.
Narrative: Layer 2 Price potential: > $2
$DOT
Polkadot has been stuck at lower levels for a while, and although it's far from its $50 peak, the project is starting to catch attention again. It looks like the price has finally broken out of the falling wedge. Now, we could be targeting $0.20 again!
Narrative: CHAIN Price potential: >$20
$DOGE The undisputed king of memecoins. Despite a flood of new contenders, Dogecoin has remained stable without a major rally so far. IThat’s why I’m placing a small bet on DOGE. In the short term, It looks like the price has finally broken out of the falling wedge. Now, we could be targeting $0.20 again!
Narrative: Memecoin Price potential: > $0.50
Drop a like, bookmark or share if you find value! JJ
Plan still perfectly in place, but what can we expect next?
MACRO
The key level to watch is the zone around $0.113.
A close above this level would signal a recovery of an important support area after successfully breaking out of the descending pattern.
MICRO
4H Time Frame: The price is attempting to break out of the range between $0.10 and $0.107. If it successfully tests this zone again and breaks through, it would be the first bullish sign.
I would consider taking a position only after a weekly candle close. Keep in mind that the monthly close is also approaching, adding further confluence that could lead to strong upward momentum.
Here is why you should consider adding these to your portfolio 👉
$STX
Narrative: $BTC DeFi is still getting started, but once it takes off, STX will be leading the way. There’s a $250 billion market just waiting to be explored. Full analysis in my pinned post on X!
Price potential: > $5
$NEAR
Narrative: NEAR is a Layer 1 project focused on scalability through sharding.
Recently, the focus has shifted on "User Owned AI" coming back to the origins of the project. AI and consumer apps can utilize NEAR Protocol’s infrastructure, avoiding the centralized control of major corporations. f the #AI narrative takes off, make sure you're set with solid projects.
Price potential: > $10
$GRT
Narrative: Often referred to as the “Google of Blockchain,” GRT does not need much introduction. I have been calling it since the very lows because I beilieve is one of the main underrated projects. Many detailed analyses are available on my profile (see articles or my TG).
Price potential: > $2
$ONDO
Narrative: Backed by investors like @Coinbase Ondo is making major moves in the RWA space. According to @coingecko , ONDO accounts for nearly half of the U.S. RWA interest, which is 14.8% of the global interest for 2024. The project has already tokenized BlackRock iShares #ETFs, including short-term U.S. Treasuries and money market funds, and is also innovating with yield-bearing stablecoins backed by cash equivalents.
Price potential: > $5
$MNT
With partnerships like @Bybit_Official Web3 and costant #airdrops, @0xMantle Mantle is becoming one of the leading Layer 2 ecosystems offering faster and cheaper transactions.
Drop a like, bookmark or share if you find value! JJ
Next target is the main resistance level around 10$.
There is significant interest right now in $HNT and the Helium ecosystem, and as you know, I am very bullish on IoT/DePIN platforms (check out my previous posts on IoT 👀).
Additionally, keep in mind that big exchanges like binance have not re listed yet $HNT.
Once we break $10, we will be back in the higher range and could aim for even higher levels.
I am still not expecting a return to the highs of 2020-2021.
Price has recently broken above a long-term descending trend line, suggesting a possible trend reversal from bearish to bullish. Maintaining the support around $3.50 will be crucial for preserving the bullish momentum. A close below this level could invalidate the current bullish setup.
Wondering about price targets?
If the price remains above the broken trend line and support level, there is a good chance of reaching these resistance levels around 4.5$ first and above 6$ then.
MACRO and MICRO ranging. Now approaching again the key level of 61.5k$ -62k$, further reinforced by alignment with the 0.5 fibonacci retracement level.
_Retest of the resistance area around $63k _Breakout above resistance _Retest, targeting the upper side of the range, with an initial target of $68k, followed by $72k if momentum is strong
Plan still perfectly in place, but what can we expect next?
MACRO
The key level to watch is the zone around $0.113.
A close above this level would signal a recovery of an important support area after successfully breaking out of the descending pattern.
MICRO
4H Time Frame: The price is attempting to break out of the range between $0.10 and $0.107. If it successfully tests this zone again and breaks through, it would be the first bullish sign.
I would consider taking a position only after a weekly candle close. Keep in mind that the monthly close is also approaching, adding further confluence that could lead to strong upward momentum.
After a first breakout we got teleported back below 0.10$ level.
What now?🤔
W candle wick indicates that there was significant selling pressure during the period but strong demand showed up pushing the price back up before.
When a candle closes like this, it can indeed be seen as a bullish signal. Additionally, a breakout from the pennant would be another significant indicator.
However, turning the resistance level (grey box) into a support level is crucial. If the price holds this level, it could lead to further upside.
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Your support over the last few months has been overwhelming, and I truly hope that sharing my knowledge has helped some of you!
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My long term bag is looking really good after buying and the dip 🤩 Additionaly, I took some successful easy scalps this morning and secured even more profits.
Remember guys, if you are just starting do not get misled by leverage and the idea of huge quick profits!
Yes, leverage can lead to quicker profits, but it also makes it easier to lose your capital.
Spot and DCA is the best way to get solid profits. UNDERRATED.
Like other altcoins, the price has fallen quickly and seems non stop.
What's next? 🤔
As you probably know, I am a huge believer in @graphprotocol
I have already discussed its potential extensively (see the attached thread).
Therefore, in my view "Every dip is a gift" 💎
However, the trader part of me knows that the price is now in a critical zone.
What I am expecting ( hoping (?) ) is that the price will quickly deviate below the historical support level of $0.15 before coming back up to around $0.20.
This is a major resistance level that separates a healthy correction from a bearish fall.
Below $0.15 will still be a good place for spot orders and DCA if you plan to #hold long term.
DECODING MARKET SIGNALS: KEY ELEMENTS YOU SHOULD FOCUS ON ⭐
Whether you are an experience trader or a beginner, mastering the analysis of these key factors is essential for decrypting market trends and direction!
After failing to close above the trendline, the price retested the previous low around 0.0022. It now appears to be heading toward the M FVG around sub 0.002 level.
If it loses support in that area, the price will enter in dead zone.
Ideally, I would like to see a double bottom form here followed by a strong recovery within the range. In this sense, FVG area might be a good zone to buy spot and dca.
Price is compressed inside this rising channel and we are likely heading for a retest of the upper trendline of the channel. If we fail to break through, there is a chance we could form a higher low, possibly setting up a double bottom pattern. That could offer a solid opportunity for both DCA and setup for long entry. #NEARProtocol #bitcoin #tradingshot #altcoins
If you find value in my content or if I have helped you navigate the world of crypto and trading, feel free to vote me on my profile page for the #BinanceSquareCreatorAward
Your support over the last few months has been overwhelming, and I truly hope that sharing my knowledge has helped some of you!
This award will help me improve my content, so I can continue providing even more value to you.
After our perfectly executed bearish move, $TON is rallying again, reaching the $7 zone, thanks to the recent #BinanceLaunchpoolTON announcement.
Despite the recent enthusiasm around the farming opportunity, there is still a strong resistance level around $7.50.
This could potentially be our short entry, but it all depends on how the price approaches that level I still believe there could be room for another rally down, possibly after testing the upper trendline we previously broke.
The market is still sluggish at the moment, so there's no rush. Let's wait and see how the price moves but un the meantime, let's farm ! 🚜👨🌾
Performance of new tokens launched on Binance in 2024.
As you can see, with only a few exceptions, most of these tokens have not done well.. This performance backs up the idea that it is almost never a good move to invest in new tokens right after they are listed.
The ones that tend to do the worst are usually those heavily distributed through airdrops or launchpools.
Selling them right away is often the smart choice ✅️