Top 10 Altcoin Picks in 2021! | Part 2 of 2Please see my other idea for Part 1 (ranks 1 to 5), linked below.
6. UNI (runner up: SUSHI ). DEFI market has seen unparalleled growth and decentralized exchanges like Uniswap have pioneered a new way of trading in the ETH ecosystem, whereby automated market makers and liquidity providers get a share of the trading fees plus incentives! Uniswap decentralized exchange is the leader by volume closely followed by Sushiswap. For this reason UNI and SUSHI - the tokens of the two decentralized exchanges - make it on our list. Important to also mention Curve as a dedicated decentralized exchange for stablecoins, with CRV as its native token.
7. SNX (runner up: ATOM ). Similarly, SNX or Synthetix is a derivatives liquidity protocol on Ethereum network. Meaning that you can issue synthetic tokens on its network linked to fiat, crypto or commodities. The possibilities are limitless and you can trade such tokens on the ETH network. To mint synthetic tokens one has to stake SNX - the native token of the network - hence creating demand and accelerating its market price, which exploded with the DEFI market. In this ever expanding market of crypto coins and blockchains, ATOM or Cosmos comes to clean it up by allowing different blockchains to communicate with each other. Sometimes described as blockchain 3.0 (1.0 being BTC and 2.0 ETH), ATOM is a good candidate for our runner up spot.
8. LTC (runner up: DASH ). If you are after a more agile, faster and cheaper alternative to BTC. LTC is your go-to coin or the "little brother" of BTC. Litecoin managed to carve itself a niche in the market and has consistently been one of the top coins by market adoption and usage. Whenever BTC or even ETH face congestions on their networks, LTC is a good alternative to move value for a few cents, unless you choose XLM (that one is instant and reason why is at the top of our list). DASH is our runner up because it has consistently shown sustained volume and adoption across the world with real use cases and a growing list of vendors accepting it as a payment method.
9. MRK (runner up: AAVE ). Maker or MKR is the governance token of the MarketDAO that allows users to issue and manage DAI (see above). Considering DAI is one of the most trusted decentralized stablecoins around, MKR should continue to increase in value, especially since its circulating supply is 1 million. With the crypto market set to explode, DAI and MKR will grow tremendously. AAVE is also a decentralized finance protocol that allows users to lend and borrow crypto and includes "flash loans" meaning the loan completes in the same transaction without collateral being needed. As an integral part of the DEFI market AAVA makes for a good runner up.
10. BCH (runner up: VTC ): BCH cannot be ignored simply because of its adoption level and market cap. As an alternative to Bitcoin, BCH will continue to remain one of the top 10 altcoins in the foreseeable future, with significant potential to grow further. It is also the 4th largest asset in Grayscale's massive $20 billion crypto portfolio. As a runner up, we have VTC or Vertcoin which I believe will have a great run in this current cycle thanks to its new mining algorithm set to launch at the end of January. VTC has been around since 2014 and is very similar to LTC. At only 20 cents right now, if the past is to be repeated, we may have a beautiful run ahead of us. Plus at the end of this year VTC will have its halving. Mineable coins have fallen out of fashion, however we may have a rebound in interest for such coins in this cycle.
What do you think about the above list and what are your recommendations for this year? Let me know below.
DASHUSDT
[DASH/USD] - Dash Breaking out - Weekly Chart - 1.000%+ profitHello everybody.
I just want to share this gold trade.
Dash, digital cash, the original masternode coin, loved by South-America, down there you can use Dash in the store because it is faster and much lower fees than bitcoin.
Dash All-Time-High 2017 at 1600 USD 2017.
It's a Possible 10x aka 1.000% profit from 150 USD to 1500 USD.
Back in 2017 it took 5 months to go from 170 USD to 1600 USD.
It may not take this long this time around.
Big money can easier flow into crypto today than back in 2017.
And who says the price doesn't continue rising after All-Time-High has been hit?
BTW: Yes, the weekly candle has not closed yet, but the 50% candle today is enough confirmation that the breakout is real for me.
Have a great bull-run everybody.
Confucius-The-Great
BLOXTOPS*ALERT \\ DASH // WATCH CLOSELY AS DASH EXPLODES!Update on COINBASE:DASHUSD trading pair. DASH price explodes to the upside, and with A LOT OF MOMENTUM (indicative of an outward trend shift of the demand curve inward shift of the supply). We believe this is only the beginning for DASH - next target is $180 after consolidation around $130 - $140 level. Depicted in the chart above we can see a big area of support as illustrated in the chart between the orange and blue Double Exponential Moving Averages (DEMA): the orange and blue lines indicate the 50 and 200 day DEMAs, respectively.
Good luck,
BLOXTOPS
Will it rise from here?! $DASHUSD IS @ MAJOR INFLECTION POINT!BLOXTOPS IS BACK!
Welcome to 2021 fellow "Toppers". This post is a teaser of what's to come this year. COINBASE:DASHUSD price is resting at its inflection point as seen in the chart above. A further complete analysis is in the works in regards to this cryptocurrency. Let us know what you think will happen to the price of DASH over the month of January in the comment section! Does COINBASE:DASHUSD rise from here, or test lows before going higher?
I'll give you a hint at our prediction; it rhymes with cup ;).
Stay safe out there.
DASH/USD - Pushing hard towards $200It's not often DASH pumps 50%, but when it does it does not look back! :)
As you can see in the chart, we passed local resistance at round $100 which is now support and we are aiming to test the $200 level soon. It's likely we will face some resistance here, so expect a reaction and possible pull back to $150 or lower.
Aim to reload on pull-back as DASH is likely to reach $400 in the next few months.
Like and follow!
DASH 12h There is a chance for a cool tradeMore often than once a month, it is impossible to review the Dash, and there is no need for this, since the coin likes to walk for a long time in large consolidations.
A series of DASHUSDT ideas will be attached below.
After 2.5 months of autumn consolidation, the DASH price has broken the trend and now, for more than a month, is consolidating above the trend.
The price movement corridor is about 35% , trade from border to border and just take profit on time, everything is simple)
Dash did not shoot following BTC and the main reason, we think it is worth mentioning, is the statement of the Bittrex exchange about the delisting of DASH, XMR and ZEC 15.01.
But if you look at the history of Dash trading, it fired when no one expected it.
To the upper limit of the channel +30%.
To the target above, where one will need to sell Dash in the zone of $135-145 +60%.
Long mood will change when more negative news is released, while the price will fall and fix below $80.
A pretty good risk/reward ratio for the mid-term trade is appearing now.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Dash Weekly Technical Analysis. Back again with another idea!
Having broken out of a descending trend line, this pair has managed to successfully test the trend, provided that the resistance zone is conquered the blue lines could be immediate targets.
#StayRoyal #StayProfitable
Happy Trading everyone.
DASHUSDT - Potential buy entry 🔼DASHUSDT is testing the ascending channel support.
Price action is printing a symmetrical triangle pattern.
Buy entry ⬆️ - breakout above the symmetrical triangle inclined resistance.
Targets 🎯 - horizontal resistance levels / ascending channel resistance.
Setup invalidation ❌ - breakdown below the symmetrical triangle inclined support.
DASHUSDT daily price analysis - Price projectionMy speculation as to the price of DASH for the next moments, based on the daily movement.
The price retracted after reaching an important resistance region, and it is in an upward trend (macro view), being able to reach higher price levels than was projected on the chart.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only ***
Are we Going to hit All time High with DASH?After Almost two years DASH Has broke out his Weekly And Yearly Dynamic descending Line and Now we Have really nice pullback to the line with strong Engulfing Candle in weekly Time Frame ,ADX indicator also has passed the 20 period and it could be considered as good sign.
we could be hopeful that, price will break the mid line of Ascending Weekly Channel in few weeks ,than should deal with strong resistance zone between 150 and 170 $. if price could break this zone we will have really good Potential to reach 500 and 1000$ in medium period and hopefully ATH in few months.
DASHUSDT (Trendline Breakout)#DASHUSDT(4H chart) Technical Analysis Update
Trend line Breakout
DASH/USDT currently trading at $97.50
Long Entry level: 97 -98.50
STOP LOSS: Below $88.00
Resistance level 1 (Target 1):$103
Resistance level 2 (Target 2): $112.50
Resistance level 3 (Target 3):$119
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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