Axie Infinity (AXS)🎯 Introduction
AXS (Axie Infinity Shards) is the native token of the Axie Infinity ecosystem, a popular blockchain-based game operating on the "Play-to-Earn" model. Players can earn AXS tokens by breeding, battling, and trading digital creatures known as "Axies." This token is also used in governance mechanisms, staking, and in-game transactions. The growth in AXS’s value is tied to the ongoing development of the game and its wider adoption within the cryptocurrency world.
📊 AXS Technical Analysis
Current Status:
On the weekly timeframe, AXS is in a long-term range-bound zone:
📈 Range High: Red zone (11.186 - 12.605)
📉 Range Low: Gray zone (3.840 - 4.414)
Key Support and Resistance Zones:
Daily Support: Purple zone (5.581 - 5.932)
This zone has acted as a key support level. If lost, the price is likely to fall toward the lower range (gray zone).
Daily Resistance: Yellow zone (6.910 - 7.328)
Breaking through this level could trigger a price move towards the range high (red zone).
Upcoming Scenarios:
🟢 Bullish Scenario:
If the purple support zone holds and the yellow resistance is broken:
Move towards the range high (red zone).
A breakout above the red zone will lead to price targets based on Fibonacci levels:
🎯 TP1: 20.007 - 24.056
🎯 TP2: 41.929 - 48.315
🎯 TP3: 67.896 - 77.108
Important Note: At each of these targets, profit-taking 💵 is strongly advised.
🔴 Bearish Scenario:
If the purple support zone is lost, the price may drop towards the lower range (gray zone).
🎯 Suggested Entry Points:
Break above the daily yellow resistance with a stop loss below the gray zone.
Break above the red resistance with a stop loss below the purple zone.
Indicators and Volume:
RSI:
Crossing above the midpoint of the RSI may indicate a bullish move.
Entering the Overbought region could lead to sharp upward movements 🚀.
📊 Volume Analysis:
Increased volume during resistance breaks is crucial; otherwise, there’s a higher risk of false breakouts.
📌 Summary:
AXS is currently at a critical level. Price behavior in relation to the identified support and resistance zones will determine the future trend. Effective risk management through stop-loss and close monitoring of trading volume are key to success in trading this coin. 💡
Recommendation: Always consider the overall market conditions and any related news regarding the Axie Infinity project before making trading decisions.
Altcoins
SOLUSDT Ready to Soar? Wave 5 Points to +30 % Upside PotentialHey Realistic Traders, Will BINANCE:SOLUSDT Create New All-Time High? Let's dive into the analysis...
Analyzing Solana's (SOLUSDT) price movements using Elliott Wave Theory indicates the potential for a significant upside in Wave 5. Wave 3 previously extended beyond the 1.618 Fibonacci extension, classifying it as an extended wave. Following this, Wave 4 retraced approximately to the 0.618 Fibonacci level, forming a falling wedge pattern, which is a bullish signal.
The breakout from this falling wedge on the 4-hour chart, combined with a bullish divergence in the MACD indicator, suggests the possible initiation of Wave 5. However, as Wave 5 is expected to be a standard wave rather than an extended one, its movement may be relatively limited compared to the high of Wave 3.
Based on these technical signals, the price is projected to rise toward the $302.46 target , provided it holds above the critical stop loss level of $175.28.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Solana".
LINK - 4H Buy opportunities🚀 BINANCE:LINKUSDT Price Analysis 🌟
Weekly Time Frame: LINK has shown consistent growth after breaking out and consolidating above key zones. Now, it’s consolidating over a crucial support zone, signaling potential for a strong upward move.
Daily Time Frame: Liquidity under $20 has been hunted, setting the stage for a potential bullish flag breakout.
4-Hour Time Frame: A strong support zone around $20 creates two actionable scenarios:
1️⃣ Pullback Entry: Look for a reversal near the $20 support zone to enter.
2️⃣ Breakout Entry: Enter after LINK breaks resistance and confirms the move with a pullback.
📢 Like, follow, and comment for more updates. Stay ahead of the market with actionable insights and expert analysis!
SOL daily chart analysis support, resistance and trendlinesSOL left daily chart shows price bounced off anchored vwap (green thin line) and the green trendline as well as the VAH. It went through anchored vwap from the top and is touching a naked POC currently.
Right chart shows support levels below and resistance levels above with the green horizontal line the target.
Don't forget to smash the rocket like button!
Can LTC break major 145$ Resistance after a retest of 125-128$It looks like the worst is behind us on COINBASE:LTCUSD and it's preparing for its big cycle move with many altcoins following the same path. The down trend of lower highs and lower lows has been broken with conviction, the DPO on the daily is positive (Historically when that happens, LTC breaks ATH) and now all is left is a good entry! In your opinion, where do you think this market wide pullback can extend for LTC before we see a break of the major resistance at 145$ ??
COINBASE:LTCUSD BITSTAMP:BTCUSD CRYPTOCAP:TOTAL3
Bitcoin's Bullish Surge: Is a New All-Time High Imminent?BTC/USDT has successfully broken out of a descending triangle, reclaiming momentum and trading above a key resistance level, which has now turned into strong support.
Supported by the ascending trendline, Bitcoin is showing a bullish trajectory and appears poised to test the all-time high (ATH) zone.
PEPE chart levels to watch PEPE left chart RSI shows when goes below green trendline is time to buy.
Right chart yellow arrows show when daily orange EMA21 goes above yellow MA55 after being below it. These are failed rallies.
Right chart red arrows show when daily orange EMA21 goes above yellow MA55 after being below it. These are confirmed rallies.
We are waiting to see next cross of the daily EMA21 over MA55 and expect a confirmed rally.
Trendline above shows target with yellow fib level major target for parabolic move.
Don't forget to smash that rocket like button!
BONK support and resistance levels to watchDaily BONK chart (right chart) showing resistance levels on way up and support trendline below.
Weekly chart (left chart) also shows levels to watch.
Targets are green horizontal line (left chart) then blue horizontal line (right chart) and then red trendline (right chart).
Don't forget to smash that rocket like button!
DOGE on next leg up, as predictedI have been charting DOGE for years now. I called the crash from 80cents area and chart is linked below. I have been charting it since then and called most of the moves accurately.
What we have now for DOGE is on this 5 day chart (right chart) it is at the similar stage as per the last cycle where red arrow is.
Target is the rectangle box above.
DOGE should hold the EMA21 on it's parabolic move up.
Don't forget to smash that rocket like button.
This or That? Is the Market Choosing This?Trading Family,
Similar patterns on the SPY and BTC chart. But there was also conflicting data on both. There was a bearish head and shoulders pattern on both charts, but there was also bullish data on both charts. The market is conflicted but it is now looking that they may choose to side with the bulls. Let's review the charts.
✌️ Stew
ALTS | TOP Altcoins for 2025Altcoins are forever growing and expanding, but it's important to look at coins that have a future BEYOND the first month of trading.
Note that these will not be NEW alts, no microcaps, but rather alts that are worth considering in a portfolio.
Let's first run through the several distinct types of altcoins, each with unique characteristics and purposes. With that, I will list some of the top altcoins to consider for 2025 in that category:
Security Tokens
These represent ownership in a traditional asset, such as shares in a company. They are subject to securities regulations and offer fractional ownership.
Currently, the ones I'm watching are tZERO and SPiCEVC. The whole idea behind tZERO is to make trading digital securities just as easy and seamless as trading stocks on conventional markets. This makes it a game-changer for both investors and companies looking to tokenize their assets. SPiCE VC is a venture capital fund that’s making waves in the blockchain world by offering tokenized access to its portfolio. If you're not familiar with it, SPiCE VC is one of the pioneers in the security token space, and it gives investors the chance to gain exposure to a range of tokenized assets.
The SPiCE token itself represents a share in the fund’s future profits, making it a really interesting option for those who want to diversify their investments without going through the traditional venture capital route.
Payment Tokens
Designed to function as a digital currency, these aim to facilitate peer-to-peer transactions and act as a medium of exchange. Bitcoin is the original example, and many altcoins attempt to improve upon its features such as transaction speed or scalability.
1) XRP | BITSTAMP:XRPUSD
I'm no fan of XRP, but the potential collaboration with Bank of America could prove to be good for the price.
2) BNB | BINANCE:BNBUSDT
Initially created to pay for fees on the Binance exchange, now used in various applications and transactions.
Stablecoins
These aim to minimize price volatility by pegging their value to a stable asset, most commonly a fiat currency like the US dollar. This peg can be maintained through various mechanisms, such as holding reserves of the pegged asset (fiat-backed)/ using algorithms to manage supply (algorithmic stablecoins)
1) USD Coin (USDC) | CRYPTOCAP:USDC
Issued by Circle, USDC is known for its strong regulatory compliance and transparency. Circle is a regulated financial institution that holds reserves of US dollars and other highly liquid assets in segregated accounts at regulated financial institutions.
2) Tether (USDT) | CRYPTOCAP:USDT
Issued by Tether Limited, USDT is the largest stablecoin by market capitalization.
Utility Tokens
These provide access to a specific product or service within a blockchain-based ecosystem. They are not designed as investments but rather as a means of accessing functionality within a network or platform.
1) ETH | COINBASE:ETHUSD
Ethereum keeps growing, and its still the king of ALTs.
2) SOL | MEXC:SOLAUSDT
Sol could be regarded as a major competitor to ETH, and at the current moment still has a bright future.
3) TON | OKX:TONUSDT
Developed to offer payment services using technology created by Telegram, Toncoin could see growth in 2025.
4) ARB | BINANCE:ARBUSDT
Arbitrum is a Layer-2 scaling solution for the Ethereum blockchain, designed to improve transaction speed and reduce costs and could grow in 2025 and beyond.
5) AVAX | BINANCE:AVAXUSDT
Focusing on high performance and scalability, Avalanche supports the creation of custom blockchain networks and decentralized application.
Meme Coins
These cryptocurrencies often originate as jokes or based on internet memes and trends. They typically lack underlying utility or technological innovation and their value is driven primarily by community hype and social media sentiment.
1) DOGE | BINANCE:DOGEUSDT
Dogecoin is a classic, and still shows much room for growth both in upside potential (price) as well as adoption.
2) PEPE | BINANCE:PEPEUSDT
Pepe has grown to an impressive market cap, and seems to be one of the meme's that are here to stay. (At least for a while).
3) WIF | CRYPTO:WIFUSD
Dogwifhat is a little scary, fairly recently released and still has to retest opening levels. However, there is a large hype surrounding it and the general market seems to be optimistic about its future.
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Note that these are just SOME of the great options. I'll do a dedicated post on promising microcaps soon.
13/01/25 Weekly outlookLast weeks high: $102,745.89
Last weeks low: $91,200.80
Midpoint: $96,973.35
A shaky week for BTC and the broader crypto market, mostly due to stronger than expected PMI and unemployment numbers decreasing the likelihood of rate cuts or at least a less aggressive rate cut cycle than previously expected due to a stronger economy. This is bad news for risk-on assets as borrowing capital stays expensive, with the next FOMC minutes coming less than 10 days after Trumps inauguration, last weeks bearish PA is a move to price in a no cut interest rate decision IMO.
The weekly low is once again ~$91-92K which is a key area of support on the higher timeframes crating a rangebound environment so it should be treated as such, if weekly low is lost and price is accepted below then $85,000 comes into play as next support. This would be a capitulation wick IMO to trap the fearful before a very pro crypto administration begins in the US in a weeks time.
At the same time price acceptance above ~$102,000 would be a bullish breakout of this rangebound environment and would signal the move to ATH at $108,000. I do believe we make new highs this quarter, I'm not sure how soon we will do that I think there is caution in the market going into January 20th and so unless there is critical news (maybe CPI on Wednesday) before then that changes this dynamic, a choppy week is expected.
This week I'm cautiously optimistic about getting some good altcoin entries at key levels in strong fundamental plays. If BTC does hold above weekly low for the week I can see some very good opportunities presenting themselves.
My thoughts are giving me no peace with this idea 2 I've updated my expectations regarding the altseason after reviewing the statistics. I believe the growth of altcoins will happen in two phases: first, a drop in Bitcoin dominance to 40%, followed by a recovery to 45-50%, and then a crash below 30%. I'll share any updates if I make any fixes. The scenario is invalidated if dominance rises to 65-70%
Bitcoin UP x Bitcoin Dominance Down = ALTSEASONCRYPTOCAP:BTC 📈 CRYPTOCAP:BTC.D 📉 = Altseason
✅While bitcoin dominance continues to decrease in February 2017, meanwhile, bitcoin continues to rise and #Altcoin season is experienced for 11 months.
✅While bitcoin dominance continues to decrease in January 2021, meanwhile, bitcoin continues to rise and #Altcoins season is experienced for 11 months.
✅Bitcoin dominance is declining in January 2025 and meanwhile bitcoin continues to rise so we are likely to witness the #Alts season over the next 11 months
$ATOM (Cosmos) predictionWhat is NASDAQ:ATOM , and why am I interested in this technology?
They call themselves the "Internet of Blockchains," but in simpler terms, it's an SDK that makes it easier to create blockchains. So far, over 200 blockchains have been built using this SDK, including major players like CRYPTOCAP:INJ , LSE:TIA , and $FET.
### Why is this technology impressive?
- **Unmatched Reliability:** With over $100B worth of tokens running on its ecosystem without crashes or downtime, it’s a performance few can match, except for Ethereum.
- **Seamless Interoperability:** In a world where more and more Layer 1 blockchains are being created, NASDAQ:ATOM stands out for its ability to bridge blockchains, simplify staking, and enable smooth trading within its ecosystem—unlike blockchains that operate in isolation.
### Why hasn’t NASDAQ:ATOM performed well in 2024?
After massive pumps in 2021 and 2022, it’s still in a recovery phase. However, the bottom appears to be in, and the charts suggest it’s gearing up for a move upward.
I’ve marked a green box where I believe you can safely load up for a long position.
DYOR!
ONDO - Dive In or Face Regret!I've been waiting for this chance since the massive drop on August 5th.
It's a straightforward retest to validate that wick. If the bulls fail here, I see a strong possibility of reaching 40c later this month.
Not sure if the narrative for RWAs is still active, but it’s worth trying out!