Get started

Cryptoanalysis

#JTOUSDT Ready for a Massive Move or Not? Key Levels to WatchYello, Paradisers! Is #JTOUSDT ready for a massive move above or not? Let's discuss the latest analysis of #Jito and see what's happening: 💎#JTO is navigating a pivotal juncture as it consolidates near a critical resistance zone. Over the past months, the price has broken out of a descending trendline that previously acted as strong resistance, now flipping into support. This shift marks a crucial moment in #JTO’s price structure, with the next move likely to define its trajectory. 💎The immediate resistance to monitor is $3.98. A decisive break and daily close above this level would pave the way for a potential bullish rally. If buyers manage to sustain momentum, the price could climb toward the major resistance zone between $6.50 and $7.00. Such a move would likely attract significant buying interest and signal a potential trend reversal. 💎On the downside, key support levels are sitting at $3.17 and $2.90, with a robust demand zone established around $2.60. As long as the price holds above this demand zone, the bullish structure remains intact. A bounce from these levels would offer bulls another opportunity to regain control and attempt a breakout. 💎However, if the price breaks below the $2.60 demand zone, it would invalidate the bullish outlook and increase the likelihood of further downside toward the $1.90–$2.00 region. This bearish scenario would create opportunities for short sellers while potentially shaking out weak hands before any future recovery. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
Can #ORDIUSDT Bulls Sustain this Bullish Momentum or Not?Yello, Paradisers! Can #ORDIUSDT bulls sustain the current bullish momentum or not? Let's look at the latest analysis of #ORDI to see what's happening: 💎#ORDI is trading within a descending channel formation, a clear technical pattern indicating a persistent downtrend over the past months. With the price breaching descending resistance near the channel, the upcoming movements will be decisive in shaping ORDI’s trajectory for the foreseeable future. 💎The immediate resistance to watch is $66.20, which aligns with the descending channel’s upper boundary. A daily close above this resistance level would confirm a breakout, signaling the potential beginning of a bullish trend reversal. Such a move could drive the price toward the major resistance zone near $100, attracting fresh buyers and sparking renewed market confidence. 💎On the other hand, failure to break above $66.20 could result in the price retracing toward the $35.85 support level, which has previously acted as a strong demand zone. A bounce from this level would provide bulls another opportunity to reclaim momentum and challenge the resistance once again. 💎However, if ORDI closes below the $29.19 demand zone, it would invalidate any bullish case, paving the way for further downside. In this scenario, we could witness an extended drop toward lower levels around $18, reinforcing the bearish outlook and shaking out weak hands. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
BRETT Long Spot Trade (Buying the Dip) Market Context: BRETT's current price action suggests that any dip into the $0.18 zone represents a strong buying opportunity. The setup shows potential for significant upside, with favorable risk-to-reward dynamics. Trade Setup: Entry Zone: Around $0.18 Take Profit Targets: First target: $0.30 Second target: $0.50 Third target: $0.75 Stop Loss: Daily close below $0.15 This trade aims to capitalize on the dip into support, targeting substantial price expansion in the upcoming trend.
Long
by Richtv_official
Analysis of TOTAL2 TargetsAs we can see, the overall trend is bullish. After breaking the March high, the only remaining step for the market to truly thrive is to break the most recent peak and form a new high. There is only one direction now: upward. The potential paths for this upward movement are as follows: Scenario 1: A pullback to the 1.27T level followed by a strong continuation to the upside. Scenario 2: A direct upward move without any significant correction. Potential Milestones After Breaking the All-Time High: 2.11T 3.57T 11T (final target) The market is showing promising signs of strength, and these key levels could be the focus for the next phases of growth. Let’s keep a close eye on price action and prepare for what’s coming!
CRYPTOCAP:TOTAL2Long
by hakimbo989
#PDAUSDT Getting Ready for a Massive Breakout or Not? Key LevelsYello, Paradisers! Can #PlayDapp bulls get enough momentum for a bullish breakout or not? Let's look at the latest analysis of #PDAUSDT and see what's happening: 💎#PDA is trading within a descending channel formation, showing a clear downtrend structure that has persisted for months. While the price is testing key levels, the next move will determine whether the #PlayDapp breaks free from its bearish grip or continues its downward slide. 💎The immediate focus is on the $0.067 resistance zone, which aligns with the channel’s upper boundary. A decisive breakout above this level would signal the start of a trend reversal, opening the door for a move toward the major resistance zone at $0.126. Such a breakout would likely bring renewed bullish sentiment and attract new buyers. 💎However, if #PDAUSDT fails to break above $0.067, the $0.045 support zone will become crucial. This zone has consistently acted as strong support and a bounce from here could allow bulls to regroup for another attempt at breaking resistance. Failure to hold will send it to the $0.037 demand level. 💎If the #PDAUSD closes below $0.037 on the daily chart, it would confirm a bearish breakdown, invalidating any bullish recovery. In this scenario, we could see a continuation of the downtrend toward lower levels, potentially testing $0.025 or below, which would further reinforce bearish sentiment.
Long
by MyCryptoParadise_Simon
#WOO Ready for a Major Upward Move Or Not? Key Levels to WatchYello, Paradisers! Are #WOO bulls ready to maintain momentum above or not? Let's discuss the latest analysis of #WOO and see what's happening: 💎#WOO has recently broken above the resistance of its ascending channel, igniting bullish momentum and raising expectations for a potential rally toward higher price levels. However, the next move will depend heavily on the $0.34-0.37 supply zone, a critical barrier that traders must closely monitor. 💎If #WOO can decisively break above $0.34, it would confirm a continuation of the bullish breakout, opening the door for a run toward the major resistance zone between $0.63–$0.70. Such a move would likely attract fresh buying interest and signal the start of a stronger upward trend. 💎However, there’s still a risk of a pullback. If WOO fails to maintain momentum above $0.34, a retracement to the $0.2354–$0.2021 demand zone becomes likely. This zone will act as the key support area, and any dip into this level could provide a re-entry opportunity for bulls. 💎Should #WOO close a daily candle below the $0.2021 level, it would invalidate the bullish breakout entirely and confirm a bearish reversal. Such a move could trigger a deeper correction, with the price potentially revisiting the $0.15 region, reinforcing bearish sentiment and shaking out over-leveraged traders. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
1
Cardano - Repeating the +3.000% bullish cycle!CRYPTO:ADAUSD is creating price action like back in 2020 and we might see a rally soon. Looking at the higher timeframes allows you to massively capitalize on overall market swings and cycles. Especially when it comes to Cardano, these cycles are pretty rewarding but also pretty predictable. At the moment, Cardano is repeating price action; we saw the same pattern playing out in 2020 and this break and retest was followed by a rally of +3.000% Levels to watch: $0.42, $0.25 Keep your long term vision, Philip - BasicTrading
CRYPTO:ADAUSDLong
by basictradingtv
38
Ethereum (ETH) Bullish Technical Outlook Technical Overview: Consolidation Phase: Ethereum has experienced a prolonged consolidation throughout 2024, but recent momentum points toward increasing bullish control, suggesting a potential breakout. Shallow Pullbacks: Recent shallow pullbacks indicate seller exhaustion, with buyers stepping in at progressively higher levels, reinforcing bullish sentiment. Key Levels to Watch: Support: $3,000 (critical level for maintaining bullish outlook) Resistance: $4,100-$4,200 (short-term target) Long-Term Targets: $4,800-$5,000 (all-time highs), $8,000 (potential in 2025) Outlook: Short-term: A retest of the $4,100-$4,200 resistance zone is likely before the end of December, as momentum continues to favor the bulls. Medium to Long-term: With Ethereum remaining above the $3,000 support, expectations for new all-time highs around $4,800-$5,000 are in play, with the possibility of reaching $8,000 in 2025 if the bullish trend accelerates. #Ethereum #ETH #BullishOutlook #CryptoMarket #Breakout
COINBASE:ETHUSD
by Richtv_official
#WUSDT Ready For a Bullish Rally or Not? Key Levels to WatchYello, Paradisers! Is #Wormwhole primed for a bullish continuation after breaking its descending resistance, or will it struggle? Let’s dive into the latest analysis for #WUSDT: 💎#WUSD has officially broken out of its descending resistance, marking a pivotal moment in its price action. This breakout signals a potential shift in momentum, and the focus now shifts to the $0.34-$0.40 supply zone, which represents a major barrier for further upside. A decisive close above this zone could open the floodgates for a rally into the $0.70 major resistance area. 💎If bulls manage to push past the supply zone, WUSDT could see an explosive move higher. The breakout from the descending resistance, combined with increased buying pressure, sets the stage for a potential extended rally toward $0.70 and beyond. This move would confirm a strong trend reversal, attracting new buyers into the market. 💎On the downside, the $0.2583 support level and $0.2400-$0.2123 demand zone are critical levels to watch. If the price fails to sustain above these areas, it could invalidate the bullish structure and send the market back into bearish territory. 💎A daily close below $0.2123 would signal a bearish reversal, likely triggering a selloff toward $0.16 or even lower levels. The bulls must defend this zone at all costs to maintain the recent breakout momentum. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Can #CELO Bulls Maintain the Current Bullish Momentum Or Not? Yello, Paradisers! Is #CELOUSDT gearing up for a breakout or will we see a reversal? Let’s break down the current setup for #CELO and what it could mean for traders: 💎#CELO is showing a textbook cup-and-handle pattern on the daily timeframe, signaling a potential bullish continuation. Currently, the price is hovering around the $0.9437 level, with key resistance lying at the $1.10-$1.30 supply zone. A decisive breakout above this zone could spark a strong rally and attract fresh buyers into the market. 💎If #CELO clears the supply zone, the next target lies around the $1.80-$2.20 range, aligning with the measured move of this pattern. This breakout would confirm a major shift in market sentiment, signaling renewed strength for the bulls and marking a significant milestone for CELO’s recovery. 💎On the flip side, if the price fails to break above the supply zone, it could retest the support zone at $0.733. If the support zone also fails, such a move could trigger a selloff toward $0.58 demand zone, reinforcing bearish sentiment. 💎There should be a bounce from the demand zone. However, losing this level will transfer control to bears for a deeper retracement before any potential rebound. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Hedera | HBAR , ETF & ATS300% Gains and a Bright Future Since our first signal, HBAR has pumped over 321%, spotlighting this promising asset. With the launch of its Asset Tokenization Studio (ATS) in Q3 2024, Hedera Hashgraph has positioned itself as a leader in the tokenization revolution. This enterprise grade platform streamlines the digitization of real-world assets, addressing the rising demand for secure, scalable, and compliant solutions in asset management and trading. Hedera’s Tokenization Breakthrough Tokenization transforms physical or financial assets into digital tokens on a blockchain, enabling fractional ownership. This makes high-value assets like real estate, bonds, and equities accessible to a broader investor base. By improving liquidity, tokenization democratizes investment opportunities. Hedera’s ATS simplifies this process with an open source framework designed for regulatory compliance and enhanced functionality. Powered by the Hashgraph consensus algorithm, the platform delivers unparalleled efficiency with thousands of transactions per second. Features like on-chain metadata, role-based access controls, KYC compliance, and supply cap enforcement ensure security and adherence to regulations. ATS also includes advanced tools like token locking and pause functionality to address legal and security needs. Its interoperability with Ethereum standards (e.g., ERC-1400) ensures compatibility with established ecosystems. Moreover, integration with wallets like **MetaMask** and Blade Wallet enhances accessibility for issuers and investors alike. A Booming Tokenization Market The tokenization market is growing at an explosive pace. By late 2024, over $13 billion worth of real-world assets (RWAs) had been tokenized, with private credit, U.S. Treasury debt, and commodities leading the charge. Industry giants like JP Morgan, BlackRock, and BNY Mellon are also heavily investing in this space. With analysts projecting the tokenized asset market to reach $16 trillion by 2030, Hedera is expanding its reach. Beyond ATS, initiatives like DOVU leverage Hedera’s technology to tokenize carbon credits, promoting sustainability. RedSwan facilitates fractional ownership of commercial real estate, and **abrdn** utilizes Hedera to tokenize money market funds, creating opportunities for smaller investors. Recent advancements include the Nairobi Securities Exchange (NSE) joining the Hedera Governing Council, signaling progress in Kenya’s capital markets. Additionally, **Archax**, a regulated digital asset exchange, uses Hedera’s infrastructure to bridge traditional finance with digital assets. Collaboration with the Linux Foundation’s open-source “Hiero” initiative further underscores Hedera’s commitment to innovation. HBAR’s Rally and Market Position HBAR has experienced a significant rally, climbing nearly 320% last month. This surge followed Canary Capital’s filing for an HBAR ETF with the US SEC. Hedera's current price is $ 0.19, it has increased +15% over the past 24 hours. Hedera's All Time High (ATH) of $ 0.56 was reached on 16 Sep 2021, and is currently -66% down The current circulating supply of Hedera is 38.20 Billions coins, and the maximum supply of Hedera is 50.00 Billions.Hedera’s 24 hour trading volume is $ 767.81 Million, which is insane With its focus on cutting-edge solutions like ATS and strategic partnerships, Hedera Hashgraph continues to solidify its place at the forefront of the tokenization revolution. This hidden gem remains one to watch in the evolving digital asset landscape.
Long
by moonypto
2
Can #FETUSDT Bulls Sustain the Current Bullish Momentum or Not?Yello, Paradisers! Is #FETUSDT ready for a bullish continuation or might we see a pullback? Let's look at the latest analysis of #FetchAI: 💎#FET has recently broken above the resistance of its broadening wedge which has sparked optimism about a potential bullish continuation upward. But now, all eyes are on the $1.97 minor resistance level—a critical barrier that could define the next big move. 💎If $1.97 is decisively broken, it would signal a major trend reversal, paving the way for higher price targets and fueling renewed confidence in the market. This breakout would mark a pivotal shift in structure, likely drawing in new market participants and setting up FET for a stronger upward trajectory. 💎However, there’s a flip side. The rally is showing signs of stalling, and failure to conquer $1.97 could trigger a retracement to the $1.322 support level—a zone of critical importance that aligns with a previous major low. Should this support fail to hold, the next key demand zone lies at $1.088, a level that bulls cannot afford to lose. 💎If the price closes below $1.088 on the daily chart, it would invalidate the bullish outlook entirely. Such a move would confirm a bearish reversal, likely sending the market spiraling lower and reinforcing bearish sentiment as lower lows take shape. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
FET Long Spot Trade (Breakout and Retest)Market Context: FET appears to be forming a bottom on higher time frames, signaling a potential reversal. The $1.75 level is key, and a breakout followed by a retest could offer an ideal entry point. Trade Details: Entry Zone: Around $1.75 (post-breakout and retest). Take Profit Targets: Target 1: $1.90 Target 2: $2.30 Stop Loss: Below $1.64 Rationale: Bottoming Structure: The higher time frame price action indicates potential accumulation, with $1.75 acting as a pivotal level for a shift in market structure. Confirmation: Waiting for a breakout and retest ensures that the entry aligns with bullish momentum. Risk Management: Placing a stop loss below $1.64 minimizes downside risk while allowing the trade room to breathe. Execution Notes: Monitor volume on the breakout to confirm conviction. Adjust take profit levels based on price action and market sentiment.
Long
by Richtv_official
#NEIRO on the Edge of a Massive Rally | Key Levels to Watch Yello, Paradisers! Has #NEIROUSDT finally broken free or is this a potential trap? Let's look at the latest analysis of #FirstNeiroOnEthereum: 💎#NEIRO has broken out of its falling wedge—a classic bullish setup—after bouncing off the critical demand zone at $0.00166. This is a promising development, but caution is crucial. There’s a strong possibility the price could revisit this support zone before making its next move. 💎For the rally to stay alive, the price must conquer the immediate resistance at $0.00197. This is a critical level to watch. If the bulls manage to push through this hurdle, especially with rising volume and support from the 50EMA, it could signal a sustained bullish momentum and open the door for a stronger surge. However, the breakout must be clear and convincing to inspire confidence. 💎If the bullish momentum falters, a pullback is likely. This could see the price revisiting the breakout zone or even testing the demand area at $0.00166 again. Should this support fail, the next key level to monitor lies at $0.00151. 💎A break below $0.00151 would shift control back to the bears, paving the way for a deeper correction and diminishing short-term bullish prospects. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Is #PNUT About to Skyrocket or Fall? Massive Bullish MomentumYello, Paradisers! Has #PNUTUSDT truly broken free or is this just another fakeout? Let's see the latest analysis of #PeanuttheSquirrel: 💎#PNUT has managed to break out of its falling wedge pattern—a promising bullish signal—fueled by a strong bounce off the critical demand zone at $1.06. However, caution is still warranted as there’s a significant possibility of a retest of this key support zone before the next move unfolds. 💎The immediate focus now shifts to the minor resistance level at $1.41, a crucial barrier that the bulls must overcome. If the price manages to push through this level with rising volume and support from the 50EMA, it could confirm that bullish momentum is taking over. This would set the stage for a potential rally, but the breakout must be decisive to sustain the momentum. 💎On the flip side, if buyers lose steam, a pullback could bring the price back to the breakout zone or even revisit the demand area at $1.06. If this support fails to hold, the next major level to watch is $0.995. A break below $0.995 could hand control back to the bears, leading to a deeper correction and dampening any immediate bullish outlook. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
Are #AVA Bulls Ready For a Bullish Breakout or Not? Key LevelsYello, Paradisers! Is #AVAUSDT ready for a bullish breakout, or will the price sharply decline? Let's discuss the latest analysis of #Ava: 💎Currently, #AVA is trading within a descending channel, repeatedly testing its upper resistance—a zone that has proven to be a significant barrier. For any hopes of a bullish breakout to materialize, #AVA must sustain its momentum here. Without this push, the potential breakout remains uncertain. 💎The key level to watch is $0.654. A decisive break above this minor resistance would be a clear signal of strength, potentially ushering in bullish momentum. Such a move is likely to be marked by strong, engulfing candles and sustained volume, both critical indicators of genuine market conviction. 💎However, the risks are equally clear. If #AVA fails to break above $0.654, sellers could gain the upper hand. This would put the spotlight on the $0.508 demand zone, a critical support level. Should this area hold, it could reignite buying interest and create an opportunity for a rebound. 💎But the stakes grow significantly if $0.508 fails. In such a scenario, we could see #AVA sliding toward the $0.408-$0.435 support range. A loss of this zone would confirm a deeper downtrend, marking a pivotal turning point for #AVAUSDT's trajectory. Don’t let FOMO get the best of you; wait for clear confirmations before making your move. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
AR Long Spot Trade (Support Retest)Market Context: AR has retraced to a significant support zone between $18 and $20, following a rejection around $24. This retracement offers a favorable entry point for a long position, with potential for a rebound toward higher resistance levels. Trade Details: Entry: Between $18.00 and $20.00 Take Profit Targets: First target: $24.00 – $26.50 Second target: $32.00 – $35.00 Stop Loss: Just below $16.00 Rationale: The current support zone aligns with previous price action, suggesting a potential for upward movement. The risk-to-reward ratio is favorable, with a clear stop loss below the recent support level. Note: Always conduct your own research and consider your risk tolerance before entering any trade.
Long
by Richtv_official
Will #MATICUSDT Bounce Back or Dive Further? Key Levels to WatchYello, Paradisers! Is #MATICUSDT gearing up for a breakout, or are we staring at another downward spiral? Let's take a look at the #Polygon's latest analysis: 💎Currently, #MATIC is holding steady within a key support range of $0.337-$0.355, a zone that has proven resilient against downward pressure in the past. This is a positive sign, but #Polygon needs to maintain momentum here to validate any hopes of a bullish continuation. Only then can we anticipate a potential breakout from the descending channel. 💎For #MATIC to truly signal strength, it must decisively break above the internal resistance at $0.439. This level is the gateway to bullish momentum. A clear breakout would likely be accompanied by strong, engulfing candles and sustained volume—hallmarks of genuine market conviction. 💎The risk of losing steam is real. Should #Polygon fail to break through $0.439, sellers could seize the upper hand. In this case, the $0.337-$0.355 support zone becomes even more crucial. If this support holds, we might see renewed buying interest and a potential rebound. 💎However, a break below $0.337 would likely send #MATIC tumbling toward the $0.287 demand level. Should it also lose this level, we could be facing a deeper downtrend—marking a pivotal moment for #MATICUSDT’s trajectory. Don’t let FOMO get the best of you; wait for clear confirmations before making your move. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
5
ONDO Ready for a Major Move or Not? Here's What You Should KnowYello, Paradisers! Are the Bulls running out of steam, or is #ONDO preparing for a massive comeback? Let's look at the latest analysis of #Ondo: 💎After enduring a slow and steady downtrend for 5-6 months, #ONDOUSDT is now reaching a critical tipping point. The price is approaching the demand zone at $0.591 within the descending channel, where it must gather enough liquidity for a significant push. But don’t get too excited yet—this bullish attempt has one major hurdle to clear: the internal resistance at $0.845. 💎This level, once a sturdy support, has flipped into a formidable resistance. For bulls to reclaim momentum, a breakout above $0.845 must be validated by rising trading volume and a favorable interaction with the 20 EMA. Without these confirming signals, any attempt to surge higher could lose strength quickly. If these conditions are met, we could see an explosive move targeting the next major resistance area. 💎Failing to break and hold above $0.845 could trigger a pullback, dragging the price back into this critical demand zone at $0.591. This area absolutely must hold to prevent a deeper collapse. Should $0.591 fail, the next downside target lies between $0.498 and $0.520—a range that could dictate whether bulls can regroup or if bears seize control entirely. 💎If $0.520 gives way, brace for a swift, sharp correction that could crush any lingering hopes for a short-term bullish recovery. The market can be brutal, and only those who approach it strategically will succeed. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
3
#ETC Ready For Bullish Surge or Bearish Breakdown? Key Levels Yello, Paradisers! Is #EthereumClassic about to make a major bullish breakout, or will it fall back into seller territory? Let's see the latest analysis of #ETC: 💎#ETCUSDT is showing some positive signs, holding strong near the critical support range of $16.9-$17.8. However, #ETC must maintain momentum and stay above this support zone to confirm a bullish continuation. This positioning could pave the way for a breakout above the internal resistance. 💎For a genuine breakout, BME:ETC has to decisively move beyond the internal resistance at $23.1. Look for robust, engulfing candles and sustained upward momentum as key indicators of strength here. Diving in too early without these signals could lead to unnecessary risk exposure. 💎The risk of losing momentum remains. Should ETC fail to break above $23.1 and show signs of fatigue, sellers may seize control. In this scenario, the $16.9-$17.8 support zone becomes even more crucial, as it has previously withstood significant downward pressure. 💎If this support range holds, the bullish potential remains intact, with a possible bounce sparking renewed buying interest. However, a break below $16.9 could invalidate the bullish setup, potentially leading to a sharp decline toward the next demand level at $14.71. A fall below this secondary support could signal even further downside, marking a critical juncture for #EthereumClassic’s trajectory. Don’t let FOMO get the best of you; wait for clear confirmations before making your move. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
#AVAXUSDT Preparing For a Massive Move After the Breakout Yello, Paradisers! Is this the moment #AVAX finally makes its comeback after months of struggle? Let’s break down the # Avalanche's latest analysis: 💎After 4-5 months of a downtrend, #AVAXUSDT has managed to break out of a Descending Channel, thanks to strong support at $22.82. This could be the much-needed turning point, but we’re not out of the woods just yet. 💎For this rally to truly gain steam, #AVAX needs to clear the resistance zone at $30.50-$32.80, which was previously support. If it breaks above this level, we could see a stronger push toward the next major resistance, backed by increasing volume and the 20EMA, signaling that bulls might be in control. 💎If momentum fades, watch for a pullback to retest the breakout zone near $22.82. A failure to hold this support could send #AVAX back toward the lower demand zone at $20.47. 💎A break below $20.47 would hand control back to the bears, likely leading to a deeper correction and wiping out any hopes of a bullish recovery in the short term. Stay focused, patient, and disciplined, Paradisers🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
#ZEN Ready to Make a Major Move From Key Support LevelYello, Paradisers! Is #Horizen (#ZEN) on the verge of a massive breakout or are we about to see a fake-out and a plunge? Let’s dive in: 💎#ZENUSDT is sitting at a crucial moment, testing the boundaries of a symmetrical triangle formation. After bouncing off the support zone of $6.94-$7.27, it’s showing signs of a breakout from this pattern. This breakout will increase the probability of a massive move toward internal resistance. 💎To confirm a move higher, #ZEN needs to clear $9.98—a critical internal resistance level. Breaking this could be the spark that ignites a rally towards the major resistance zone, potentially triggering a powerful upward push. 💎But if #ZEN starts losing momentum, watch out for a pullback to retest the support around $6.94-$7.27. A failure to hold this area would shift the outlook bearish, bringing the $6.05 demand zone into play. 💎A breakdown below $6.05 would signal the bulls are out of steam, and we could see further downside pressure. This invalidates the bullish setup, giving the bears complete control. Be patient, play it safe, and always wait for confirmed breakouts or breakdowns before jumping in. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
2
Is AAVE the next big DeFi token in crypto?The Aave token pumped 44% over the past 4 weeks, with its price climbing from $94 to $134 This impressive increase outpaced the performance of other leading cryptocurrencies by market value, such as Bitcoin and Ethereum. Its 100% up since our first analysis and Im sure you add couple of Lambos to your Car collection so lets where we going now Recently we stumbled upon an intriguing chart showing AAVE’s price compared to ETH We tried our best, but we couldn’t ignore it! Something big is brewing… and it seems like the market is yet to catch on.This surge isn't the result of a few people buying in here and there it takes significant buying pressure to outperform ETH this dramatically. Not only that, but Aave’s revenue is on the rise. We're loving this uptrend in quarterly revenue also we've heard about new proposals for updated tokenomics and activating the fee switch yet another reason this setup is impossible to ignore! But hold on sometimes short term hype or incentives inflate revenue. Is that the case with Aave, or is it a genuinely solid investment opportunity? That’s the focus of our analysis, along with other key questions like: Is Aave still the market leader in the lending and borrowing sector? What are the key support and resistance levels to watch for? Is the revenue growth driven by incentives? Can Aave compete with Goldman Sachs? Where are Aave's 1M users coming from? wait a sec, Im new to crypto WHAT IS AAVE? ok! lemme explain Aave, a respected pioneer in DeFi, first launched as ETHLend in 2017. In 2020, it rebranded to Aave and has been on quite a journey since (that's what we are exploring today)—a remarkable one at that. Aave is a decentralized lending platform that connects lenders and borrowers, functioning similarly to a bank. Users can deposit their money to earn yield, while others can borrow funds. To borrow, users must deposit collateral that exceeds their debt, ensuring repayment.Aave keeps the difference between the interest paid by borrowers (higher) and the interest paid to lenders (lower). But unlike traditional banks, Aave relies on smart contracts to handle everything—no need for grumpy loan managers asking why 100% of your net worth is in crypto. People and degens love the permissionless, 24/7 access Aave offers for lending and borrowing. No KYC, no approvals, no waiting. It’s a massive improvement over traditional banking! So let's tap into Aave's potential Over the years, Aave has attracted substantial liquidity, further cementing its place in the DeFi space. Just take a look at the TVL, which shows the amount of money currently deposited in the protocol. Aave currently holds around $12.3 billion in Total Value Locked aka TVL, which may seem small compared to major US banks like JPMorgan ($2.2 trillion) or Goldman Sachs ($363 billion). But this ain’t a bug, it’s a feature! One that highlights the enormous market Aave could tap into but how can a crypto protocol look to compete against global financial giants like JP Morgan and Goldman Sachs? In a single word: efficiency Aave has 30 times less TVL than Goldman Sachs, but it also has 750 times fewer employees. Just take a look at the number of employees needed per $1 billion in TVL: Aave: 5 employees JPMorgan: 115 employees Goldman Sachs: 123 employees (Did you check thier new logo! its more of a Goldman Sucks) See the difference in efficiency? We certainly do, and that's why we believe Aave could eventually disrupt these giants. Now, let’s dive into how Aave’s business works. AAVE BUSINESS MODEL Aave's business model is relatively straightforward: They offer yield to lenders, charge borrowers a higher interest rate, and the difference generates the protocol's revenue—essentially the same way banks make money. Currently, you can lend CRYPTOCAP:USDC on Aave for 5.8% and borrow it for 7.6%. These percentages vary based on usage. if a bunch of CRYPTOCAP:USDC is borrowed and there's not much left in reserve, the yield and interest rates will increase to attract new depositors, while discouraging additional borrowing and vice versa whales accumulating again ? On chain data reveals that AAVE's Open Interest and daily active addresses are on the rise, indicating a sustained bullish trend. AAVE's OI grew from $107 million on Monday to $191 million by Thursday, marking the highest OI level since the beginning of the year and currently, AAVE’s open interest is at $175 million Investor interest in the Aave token gained momentum in late July, spurred by a proposal from Aave-Chan Initiative founder Marc Zeller to allocate a portion of the platform’s net earnings to key participants in the ecosystem and to adjust fees for repurchasing AAVE from the secondary market. Another catalyst for the AAVE rally was the ‘Umbrella’ Initiative, which proposed shifting from a 'seize and sell' liquidation mechanism to a 'seize and burn' model. the Umbrella project is designed to ease market pressure from selling AAVE while managing risky loans. The initiative aims to use a variety of assets to settle outstanding debts during liquidations, especially when the collateral is insufficient, rather than relying solely on AAVE. next targets for Aave is 149 , 160 and 170$ Are you bullish on Aave?
Long
by moonypto
4