Get started

Metaverse

Polygon (MATIC) About To Set New All Time HighsPolygon (MATIC) has been on a nice steady uptrend and doesn't show much signs of slowing down. Matic has continued to set higher lows and higher highs. Fundamentally there's a lot of positive momentum and sentiment in Matic considering their utility when it comes to NFTs, Ethereum Scaling, ZK rollup technology, metaverse, and gaming. These are all strong narratives that will continue to grow through out 2022. As of right low local support is at $2.40 -$2.50. A lot of accumulation happening around $1.85 - $2.00.
COINBASE:MATICUSDLong
by peacefuljustin
The Metaverse and Lawsuits - Which will Survive Long-Term?Facebook's Metaverse projects are already running into snags with lawsuits and regulations -- the companies that have a central point of control (which are many) will be susceptible to these threats, especially as their user-base starts to grow. A closer look at some of the metaverse projects out there in the running right now. Also a featuring a few open-source "Virtual World" projects that may decide to get into crypto at some point as an evolution on their existing platform. Worth keeping tabs on, either way. (Vircadia, OpenSimulator.)
FTX:SANDUSDLong
by RyanTanaka
2
Is the Metaverse a Hedge for Inflation? (ft. Dogecoin) A little while ago I argued that virtual estate and real estate were inversely correlated -- as seen in the Evergrande example in China where Evergrande stock and MANA coin criss-crossed each other in terms of its ROI. It's yet to be seen how this will play out in the US real estate market but it seems likely that we'll start to see similar patterns emerge as time goes on. The US market may take longer to unravel since it's a bigger apparatus with a lot more moving parts -- talking about it in a coherent way in itself is often a challenge. But there's been a shift in tone from both DC and the media in regards to inflation in the last week, which may be a sign that things are starting to move forward. There's basically two different scenarios that could play out in the current US economy's trajectory -- hyperinflation, or an economic slowdown brought on by the Federal Reserve after they increase interest rates significantly. (Right now the former scenario seems more likely, but that's TBD.) Either way, crypto will probably end up doing well. More details in the video itself. Also as an aside, I also argued that Dogecoin could be an inflation hedge against the crypto market itself. We saw a weird blip this week where the coin pushed itself upwards a little bit, running counter to all of the other coins out there. Will this trend continue? We'll have to wait and see.
COINBASE:MANAUSD
by RyanTanaka
2
Polygon (MATIC) to $4.00Polygon (MATIC) is right on the doorstep to retesting its prior all time highs set back in May at $2.70. Technically and fundamentally MATIC has a strong narrative that will most likely push this cryptocurrency into another price discovery phase. Ethereum scaling, gaming, play to earn, NFTs, and the metaverse are all narratives of what MATIC is involved in. I believe positive momentum in Ethereum's price will slowly trickle down to MATIC. Once we break past $2.25 resistance area for MATIC I do believe we will grind up to the 1.618 Fibonacci extension of $3.97 setting a new all time high in the weeks or months to come. Local Support: $1.90 Major Support: $1.50 Current Resistance: $2.25 Much peace, love, health, and wealth.
MLong
by peacefuljustin
Decentraland ( MANA ) Bullish Trend / Metaverse Leaders / H4Metaverse is a world that has been on the tongues for some time! MANA and SAND are the two leaders of metaverse, the analysis of SAND was recently published for you. MANA broke its long term trading range and rallied up with series of bull candles. After hitting new ATH it fall down and got supported with $2.22 - $2.34 price. Then it started to create higher highs and higher low is simplest and basic sign of bull trend. 2 important levels for us are: 1) Bullish Trendline ( Gold Line ) 2) Breakout point as Support ( $4.2 - $4.36 ) Higher prices expected if bulls hold price above this 2 levels. **This is not an investment advice. Your capital might be at risk.** Give me your idea on comments... Good Luck...
Long
by AmirSoraya
6
What will MANA do this weekend?In this video we take a look at where MANA will find support as it is falling from the top of the trend channel at $4.36. Previously in my last video where I did a complete breakdown of MANA's current trend and breakout. We identified a clear doji star on Nov 11th, h&s breakout pattern, and retest of the neckline at the $3.50 level. My prediction: I believe MANA will catch support at either the neckline level just above $3.50 OR continue falling to the bottom of the channel between $3 - $3.30. Like, subscribe, and comment your thoughts! Thank you so much for watching. Cheers!
COINBASE:MANAUSDLong
by DeFiDeshaun
3
$MANA Technical Analysis The MANA chart is looking textbook on the 4h timeframe. I am very bullish on the project and the coin. The reversal on November 11th was a clear Doji Star and began our strong rise to the top of the channel at the $3.80 level. November 13th to 18th showed a head and shoulders pattern following our initial breakout, a great bullish sign. MANA broke the neckline on the retest following the pattern on the 18th but only briefly. Then proceeded to breakout to the top of the channel again. Now we are falling from the top of the channel and looking for support. There are 3 key levels of support. Support Level 1: Middle of the channel, also the 23% retracement level on fib. Support Level 2: Neckline of head and shoulders, also 33% retracement level on fib. Support Level3: Bottom of channel, strong previous support shown by wicks only reaching line. Strategy: I am looking taper in and buy MANA at each support level mentioned above. *not financial advice
COINBASE:MANAUSD
by DeFiDeshaun
2
Virtual vs Real Estate - The Metaverse, NFTs, and Induced DemandAfter China's real-estate market took a nose dive this year, a lot of people are anticipating the same might occur in the US in the near future as the repercussions of the former start to affect the latter. Noone is quite sure what's actually going to happen, but so far the forecasts haven't been looking too good for US assets and the USD in an overall sense. At the same time, we've seen a renewed interest in "virtual real-estate" -- even Mark Zuckerberg is talking about the "metaverse", so to speak. Are we about to see a spike in demand in these platforms in the near future? I do think that the future of crypto is not making money off of coins themselves, but taking a risk on the products built underneath them. Some quick impressions of each metaverse: Cryptovoxels - It looks and feels like "crypto Minecraft" -- the interface is a little rough and the loading times can sometimes be too much, but it does have a lot of energy and inspiration behind them. Kind of like what the "art districts" used to be like in the real-world, I think. Decentraland - been around the longest and it does show. They have onboarding tutorials, the UI isn't perfect but it's mostly worked out, and has a nice balance between goofyness and a professional decelopment. (You can find the DOGE museum in the museum district there, for example.) But the rent here is not cheap, at least from what I've seen so far. Somnium Space - this metaverse feels like it was built by a bunch of MBAs who worked for a real-estate company prior. The listings, marketing, and style of it feels that way too -- and they're listing themselves as a "high-end" product so don't expect it to be cheap. But it does have a professional and clean feel to the whole thing, which may work for some. The SandBox - I didn't mention this in the video since they don't seem to have a working demo yet, but they have been successful in raising funds from investors as of this week. How they do, is TBD. But it's also proof that there is interest in the space even from an investor's standpoint.
COINBASE:ETHUSDLong
by RyanTanaka
CTRL C, CTRL V.. BLOK IS ON REPEAT...Good evening, Blok is well, playing out from what we talked about in the previous video. It came down, tagged the .618 just as it did on its last move. BLOK then had a surge of Volume and spiked just as I said it would in the previous video. From that bounce, it went up around 50% plus! Nice profits... The movements and technicals on this chart are fantastic, and It's great when it is predictable, right? Now, I say that, but it is not 100% when it comes to predicting this movement... at any moment, this thing could turn around. So.... I will slow up on my pat on the back BS. The VOL looks good, and I look forward to seeing if this plays out as we discussed. I hope everyone has a good night, and please be smart and take profits when you can. Thank you
Long
by Ashton_M
2
ETP bull flag 10% + 20% oversold bounce explosionHey guys, hope you're doing well! :) ETP is one of the strongest candidates right now on Bitfinex. We're looking at a perfect example of a bull flag break, + a 20% RSI oversold bounce. I'm specifically showing to you, how much percent gains each RSI 15-min oversold bounce would've given you. If you had some value from my analysis, please like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
E
by Edgy_
4