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Glmr

#GLMR/USDT Ready to take off upwards#GLMR The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1515 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.1587 First target 0.1703 Second target 0.1856 Third target 0.2024
Long
by CryptoAnalystSignal
1
Is GLMR Gearing Up for a Bullish Reversal? A Monthly Chart ViewThe monthly chart for GLMR/USDT provides a long-term perspective on its price trend, showcasing a significant evolution in price action over the years. Initially, the chart reveals a sharp decline, followed by a prolonged period of sideways movement, and now a potential attempt to reverse the downtrend. A clear downward trendline, drawn in white, connects multiple price highs, reflecting consistent selling pressure throughout the observed period. However, a recent breakout above this downtrend line, indicates a possible shift in market sentiment. Breakouts of this nature can signal a reversal of the prevailing downtrend, with a subsequent retest of the trendline often used to confirm the breakout's validity. The chart also highlights a price target, represented by a large green rectangle, pointing to an ambitious upward goal of 53.4477 USDT. Despite the current price of GLMR being 0.2285 USDT, this target underscores the potential for a significant recovery if bullish momentum builds. Key observations suggest that price volatility, initially marked by a steep decline, has tapered off over time into smaller fluctuations. While the breakout and retest signal a potential bullish trend, the risk remains that the price could fail to hold above the trendline and resume its downward trajectory. This analysis spans several years, starting in 2022 and extending to January 2025, emphasizing that such movements could require a considerable amount of time to unfold. Each candlestick represents a month of trading, providing a broad and slow-reacting view of market dynamics that is less sensitive to short-term fluctuations. In conclusion, the breakout and retest point towards a promising shift in GLMR’s long-term trend. However, investors should remain cautious and consider the possibility of rejection at the retest level while keeping in mind the extended timeframe for the target projection. Moonbeam is an EVM-compatible and substrate-based blockchain, which operates as a Polkadot parachain. Glimmer (GLMR) is the utility and governance token of the network, users can participate in governance, paying transaction fees, earning rewards through providing liquidity, and staking. Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
Long
by SigmaSignals
1
#GLMR (SPOT) IN ( 0.2100- 0.2700) T.(1.2500) SL(0.2010)BINANCE:GLMRUSDT #GLMR / USDT Entry( 0.2100- 0.2700) SL 1D close below 0.2010 T1 0.4800 T2 0.7200 T3 1.0000 T4 1.2500 3 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. ______________________________________________________________ Golden Advices. ******************** * collect the coin slowly in the entry range. * Please calculate your losses before the entry. * Do not enter any trade you find it not suitable for you. * No FOMO - No Rush , it is a long journey. Useful Tags. **************** My total posts www.tradingview.com ********************************************************************************************** #Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT #AVAX #WAXP #OGN #AXS #GALA #ONE #SYS #SCRT #DGB #LIT #QI #FIL #GLMR
Long
by Crypto_alphabit
#GLMR/USDT#GLMR The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern We have a bounce from a major support area in the color EUR at 0.1800 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it Entry price is 0.2000 The first target is 0.2531 The second target is 0.3056 The third goal is 0.3591
Long
by CryptoAnalystSignal
#GLMR/USDT#GLMR The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well The price rebounded well from the lower border of the channel at the green support level of 0.2500 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.2700 The first target is 0.3300 The second target is 0.3000 The third goal is 0.3645
Long
by CryptoAnalystSignal
1
Moonbeam: Biggest Polkadot Ecosystem Scam Ever?Moonbeam aka SEED_DONKEYDAN_MARKET_CAP:GLMR which is a #POLKADOT BINANCE:DOTUSD ecosystem coin is still down nearly 99% with only max 8 months of this cryptocurrency bull cycle left. Moonbeam is a failed project, as is #DOT. Nobody cares about either of those coins or any other coin within that ecosystem. The failure for the price to rally while the rest of the market has shown great strength should be a major red flag. I bet the founders are consistently offloading their free tokens on plebbish fools, becoming extremely wealthy in process. I would not be surprised to see it drop another 98.70% from current levels (98.70% is how much #MoonBeam aka #GLMR has dropped from its ATH), which would result in a near-zero price. Polkadot is a failed project and possibly a scam. Just my opinion though. I am shorting this on leverage.
KRAKEN:GLMRUSDShort
by couldntcomeupwithone
MoonBeam: Polkadot Scam Token? Down 99%Moonbeam is a prime example of a dead project. It is down 99% since its all-time-high and there are no signs of life to be found: the marketing team isn't producing any new content, it is not mentioned by @polkadot CRYPTOCAP:DOT , and its price is still down 99% from its all-time-high despite crypto having experiences a massive surge. Fact: moonbeam is dead and will trend towards $0. If you bought at $10+, you will likely be in profit selling at -95% even at this abismal price. Dead shitcoins such at moombeak will only be worth $0 soon,
Short
by couldntcomeupwithone
4
MoonBeam: Abandoned Scam Project? Down 99%, soon $0?MoonBeam: Abandoned Scam Project? Down 99%, soon $0? MoonBeam aka SEED_DONKEYDAN_MARKET_CAP:GLMR #GLMRUSD is down over 99% since its all-time-high and while almost all of crypto has been rallying hard, MoonBeam continues to get brutally rejected. Today, it rejected again and crashed HARD, while other cryptocurrencies went up. It appears that MoonBeam project is a dead project. The team has been unable to fulfill their promises and the wider crypto community doesn't care about MoonBeam or what the project stands to do. Projects that die down in this fashion are often scams. It's possible the coin can't rise/breakout because the founders are printing coins out of thing air and dumping on the market. Currently, MoonBeam is down over 99%. Depending on what exchange you look, it's all time high was around $24. It is currently barely $0.45. This has all the hallmark signs of a shitcoin scamcoin that is heading to $0, like Luna. RIP MoonBeam / Polkadot Ecosystem.
Short
by couldntcomeupwithone
4