DEFI
5 cents eHEX by April ?The inverse that we were watching has formed.
We are awaiting the breakout through the neckline.
Could we see a fast ramp up to 5 cents to meet the down-trendline from the top?
Very possible.
#Bitboy is now actively engaging the HEX & Pulsechain community.
Quite big news obviously... as he climbs his way back to being one of the largest influencers in the space. He has decided to team up with one of the largest communities to synergistically achieve his goals.
Lido Finance ($LDO) Staking Hits $38.7 BillionThe decentralized finance (DeFi) ecosystem is experiencing a renaissance, marked by a monumental achievement: a total value locked (TVL) surpassing $100 billion, spearheaded by Lido Finance ( MIL:LDO ) staking hitting $38.7 billion. Amidst rising Bitcoin interest and crypto market optimism, this milestone signals a significant comeback for DeFi, albeit still below its previous all-time high.
The DeFi TVL Surge:
DefiLlama's latest data reveal a global DeFi TVL of $100.1 billion, showcasing a resurgence after nearly two years. Lido's liquid staking protocol emerges as the frontrunner, with $38.7 billion locked on-chain, highlighting its dominance within the DeFi landscape. Other players like EigenLayer and AAVE also contribute substantially to the overall value, underscoring the sector's diversification and growth.
Influence of Key Factors:
The resurgence in DeFi is attributed to various factors, including the introduction of spot Bitcoin ETFs, driving market optimism and institutional demand. Bitcoin's recent surge to new all-time highs, breaching $70,000, further fuels capital flow into DeFi protocols. Concurrently, crypto exchanges witness increased activity, showcasing expanding interest and involvement in the cryptocurrency market.
Impact on the Crypto Ecosystem:
The DeFi sector's resurgence mirrors the broader revival of the cryptocurrency market. The memecoin boom, inspired by Bitcoin's gains, reflects changing investor sentiment and the speculative nature of the industry. While hurdles persist in surpassing the previous TVL record, the sector's momentum indicates continuous innovation and expansion, attracting more users and capital.
Looking Ahead:
The recovery and growth of the DeFi sector are not only pivotal for its proponents but also for the entire cryptocurrency market. They underscore the attractiveness and potential of decentralized financial services, shaping the future landscape of finance.
Conclusion:
As DeFi reaches new heights, led by Lido Finance and a burgeoning TVL, the sector's resilience and innovation come to the fore. With optimism abound and institutional interest on the rise, the DeFi resurgence signifies a transformative era in finance, heralding a decentralized future for global markets.
DeFi Index Can Be Rising Within 5th Wave Of An ImpulseThe DeFi Index is a capitalization-weighted index that tracks the performance of some of the largest protocols in the decentralized finance (DeFi) space.
DeFi Index is trading an in impulsive recovery away from the lows, which is from Elliott wave perspective ideally unfolding a five-wave bullish cycle. After recent corrective slow down, which we see it as a wave (4) correction, seems like it's now on the way higher within 5th wave that can push DeFi coins higher in upcoming days/weeks.
#UNI --- Uniswap to soar back into the 20'sAs a brand
how do u compete with a leader
Uniswap being the leader of on-chain exchange
Coke is the brand to invest in
(what stock did Buffet buy?)
not Pepsi
not RC cola
Do you get where I'm coming from
And I am not getting into to who, what or how
they have been infiltrated
but clearly they have
As an investor
you MUST pick the best of breed
That has historically been the best route to success.
UNI to rip is my prediction
Pyth (PYTH) Poised to Surpass Chainlink (LINK) ATHIn the race for oracle supremacy, Pyth (PYTH) emerges as a formidable challenger to Chainlink (LINK), with the potential to surpass LINK's all-time high (ATH) of $49. Let's crunch the numbers to see why PYTH is set to shine.
Firstly, let's consider the supply dynamics. While Chainlink has a fixed maximum supply of 1,000,000,000 LINK tokens, Pyth boasts a total supply of 9,999,989,217 PYTH tokens. This vast difference in total supply can significantly impact price dynamics and market capitalization calculations.
At its ATH of $49, Chainlink reached a market capitalization of approximately $49 billion (1,000,000,000 LINK * $49). However, with Pyth's larger total supply, even if it were to achieve the same market capitalization, each PYTH token would only need to reach approximately $4.90 to match LINK's ATH market cap (9,999,989,217 PYTH * $4.90).
Considering Pyth's compelling features, including its robust data sources, real-time updates, and proven resilience during market turmoil, it's evident that PYTH has the potential to not only match but surpass Chainlink's ATH valuation. As the demand for high-fidelity financial data in DeFi continues to soar, PYTH's accessibility and accuracy position it as the frontrunner in the oracle race, making $5 seem like just the beginning of its ascent.
Disclaimer: This analysis provides informational insights based on publicly available data. It does not constitute financial advice. Traders should conduct their own research, assess risk tolerance, and seek guidance from financial professionals before making any investment decisions.
#1000BONK/USDT 8h (Binance Futures) Falling wedge breakoutBonk Inu finally regained 100EMA support, time for next bullish wave seems to have come!
⚡️⚡️ #1000BONK/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.4%
Current Price:
0.013145
Entry Targets:
1) 0.012470
Take-Profit Targets:
1) 0.021189
Stop Targets:
1) 0.008976
Published By: @Zblaba
$BONK BINANCE:1000BONKUSDT.P #Bonk #Meme bonkcoin.com
Risk/Reward= 1:2.5
Expected Profit= +139.8%
Possible Loss= -56.0%
Estimated Gaintime= 5-10 days
#LINK/BTC 1D (Binance) inverted Head & Shoulders break & retestChainLink is pulling back to neckline support, seems likely to bounce and resume bullish here.
⚡️⚡️ #LINK/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 9.2%
Current Price:
0.0003923
Entry Targets:
1) 0.0003914
Take-Profit Targets:
1) 0.0004974
Stop Targets:
1) 0.0003490
Published By: @Zblaba
CRYPTOCAP:LINK BINANCE:LINKBTC #ChainLink #DeFi #Oracle chain.link
Risk/Reward= 1:2.5
Expected Profit= +27.1%
Possible Loss= -10.8%
Estimated Gaintime= 1-2 months
DeFi Categories (PUMP) AAVE 102.70 >>> $239.00Everyone has already noticed the sharp rise in Uniswap (UNI/USDT), with all DeFi projects starting to grow actively. You already know the forecast for Compound; I've decided to include AAVE in the portfolio for the pump as well. The targets on Coinbase are promising.
Uniswap Foundation has published a proposal to reward some UNI holders. According to Coinmarketcap, the native token surged by 74%.
Entry Price: $102.70
Take Profit 1: $205.40 (50%)
Take Profit 2: $289.00 (16.6%)
Take Profit 2: $589.00 (16.6%)
Take Profit 2: $889.00 (16.6%)
So, when the price doubles, take out your initial investment; I've indicated the other targets. Secure profits evenly :).
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Is Filecoin Going to $0 ? Possibly Sub Zero.The chart looks very bad.
Despite huge pump in every coin the past few days, Filecoin is struggling to breakout.
This is a bad sign.
The Filecoin Foundation is known to dump on the market. Arthur Hayes is a supporter of this coin, which is a red flag because he always dumps coins he recommends/shills.
It is possible Filecoin will drop to zero. Beware.
#LINK/USDT 1h (OKX Futures) Ascending wedge on resistanceChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support.
⚡️⚡️ #LINK/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%
Current Price:
20.219
Entry Targets:
1) 20.449
Take-Profit Targets:
1) 19.002
Stop Targets:
1) 21.174
Published By: @Zblaba
CRYPTOCAP:LINK OKX:LINKUSDT.P #ChainLink #DeFi #Oracle chain.link
Risk/Reward= 1:2.0
Expected Profit= +39.6%
Possible Loss= -19.9%
Estimated Gaintime= 2-4 days
Long DYDX 🚀🚀🚀I haven't been posting as many trade here to tradingview due to time constraints. But here's one for you guys. My next pick goes to DYDX. You can see we have a breakout from a bullish triangle and a solid point of control just under us on the VRVP. I’ll target somewhere around the double-top area (4.14) for a 4/1 rrr. SL will be 2.93. My port weight is 20% on this one. That should tell you how bullish I am rn.
Could PULSEX do a 12X from here?That is the Logarithmic cup and handle target
The current price is also around about the rate after bonuses that supporters of free speech and movement :) received with bonus amplifiers if they were in a large pool --- roughly I don't know the details
So it makes sense that numbers slightly above a 10X is where Pulsex may struggle, to get much beyond.
Lets see how this plays out
good luck in your speculations.
#PLSX
#PLS
#HEX
#RichardHeart
#SEC
CUP & HANDLE on LYRA ?Possibly a cup and handle in training on the LYRA project (I've also positionning on it on DCA zone).
STEP bullish accumulation + complex pullbackSTEP has some of the most bullish fundamentals in the solana ecosystem. chart shows perfect pump out of post-FTX accumulation zone and now giving its first pullback in early stages of the bull market. perfect long entry on the complex pullback/abcd pattern