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.)
Metaverse
SAND/USDT BUY POSITION - A OR B ?Two options on the table - make money or make money ! :)
perfect setup for me.
we respected the 0.618 fib.
nice and slow retricment.
The METAVERSE Space is on FIRE.
For the risky players BUY NOW.
For those how play safe, wait for BREAKOUT and a retast.
T R A D E S A F E G U Y S :)
btw do your own reserch
FB Bullish SentimentMarkets had a significant high beta pullback rotating portfolios and now the rebalance is here in my opinion. Time for $FB to retrace upwards to Target 1 area between 333.42 to 336.94 and Target 2 between 344.18 to 346.64 with some hesitation around 341.92. I anticipate one or both of these targets to hit before the end of the 2021 year.
EPIK most undervalued Metaverse playIf you haven`t bought the dip, at $0.10:
then i need to reiterate the fact that in my opinion EPIK Prime is the cheapest Metaverse that you can buy right now!
Market Cap of only $57Mil
EPIK produces the world's premium digital items.
They work with:
250+ Game Companies
50%+ Top Games in the World
1000+ Brands
1B+ Gaming Userbase
Their team comes from Nintendo , Tetris, IBM , and Pokémon.
Brand clients:
Universal, Warner Music Group, TENCENT Games, SONY Music, CAPCOM, Bandai Namco, SNK , Valiant, Hustler, Funimation, Head, Zenescope, DMG entertainment, Ultraman, World of Dance, Head and others!
BITCOIN (Daily) : Bearish or what ? Well friends , first of all, , let me assure you that we do not expect an uptrend in the short-term unless it proves otherwise, because in the last 4 days the price has closed below the 200-day moving average (SMA200) , which shows that the trend is bearish until it can break it again ...
The best way in this cycle of correction is to buy potential market cryptocurrencies in the dip and hold them for medium and long term.
We analyze good cryptocurrencies and introduce them to you ... so do not worry ...
Bitcoin price bearish targets : $ 43,900 , $ 42,500 , $ 40,000 , $ 37,700 ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 20.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Alien Wolds TLM - What to do - How to trade it👽👾Hello Traders,
BINANCE:TLMUSDT trading, as we anticipated 1 month ago, is galvanizing around the support zone.
From here a long entry is interesting, in view of accumulation for the long term.
This is a spot idea, so buy and hold. It is not advisable to buy with all one's capital but to stagger the purchases so that if it goes down further one can buy lower.
TLM ALIEN WORLDS +170% Possible Gains from this level 🔝🤯🧨Goodmorning Traders!
This is the update for BINANCE:TLMUSDT . 👽
I have analyzed this asset several times because I like it and I find it really interesting from a technological point of view. 👾
In the chart I think there is everything you need to deal with this trade. 🔝
You can find links of previous analysis below. 👇⬇️⤵️↘️↙️
Smash that like button and comment with your analysis and share charts!
NFTX potential to increase 60%-560%#NFTX/WETH
NFTX broke out long term descending resistance and yesterday broke out from falling wedge pattern that can head up price toward resistance zone after pullback.
break out from 0.046eth will increase price more to touch upper resistance levels.
gaming tokens started their rally again.
$MANA 4H 50MA turns from resistance to supportPrevious resistance becomes support.
As you can see on the ride up, the 4H 50 MA acted as very strong support up until RSI and MACD boiled over and there was a large correction.
On the way down, anytime MANA tried to gain some ground back it was rejected by the 4H 50MA.
Hopefully, this level holds and MANA can continue on its next leg higher.
Next Targets:
$5.05 (.786 fib)
$5.91 (1 fib)
$7.23 (1.272)
$8.03 (1.414)
$9.33 (1.618 fib)
FB - Corrective wave on Weekly TFThis impulsive wave on weekly time frame for almost 4 years, started on 2018 of December, requires a price correction base on Elliott wave theory.
The 38.20% to 50% and up to 61.80% Fibonacci retracement of the impulsive wave is my expected drop of price, together with the 200MA pointing upward that will serve as support level.
Supporting this idea Death Cross sign on daily time frame is below.
* Death Cross
$MANABTC Break ImminentClean break of downtrend channel, you can wait for previous resistance retest for long entry
MBOX bottomedOk, let's start this serie of analyses dedicated to metaverse and let's talk about MBOX. It's a P2E game backed by your truly Binance, meaning this will do well eventually! Max supply is 1bil and circulating supply is currently 389mil so relatively low as market cap is 461mil €. Considering binance backs this project I don't expect less than 3x from this, even because the game is already working (check this out: www.mobox.io ).
Let's talk about TA: I took the Fib retracement using the weekly chart although I'm showing you the daily chart to make it clearer so some line might look like it's out of place but it isn't. Price is currently in the best place for a reversal and to be honest it looks like it started the way up already, that yellow trendline shows as price is piercing through it. I've been buying the dip during the last days, even considering that BTC could go dip further I don't think we can go much lower, on the contrary I think price can grow a lot.
You can either DCA your entry or go all in from here, even if we dip I don't expect price to go below -20% in the WORST case scenario before going up again much more.
Good luck.
P.S.
follow me, I'll be posting new metaverse picks soon and even on twitter (nick: @shotokhan1 ) where I post screenshots of coins/tokens that aren't on tradingView
#DrepUSDT - very strong accumulation, possible breakout patternIt looks like there has been lot of buying around this level. Drepusdt not only looks strong here, but has potential to move towards its monthly and weekly keylevel, a potential 100% upside is possible from these areas.
Few days back before market crash we were seeing that there were potential pumps, and misses. A strong retest in monthly and 10D chart has also finished.
Looking at all this, I am giving this a BUY for now.
BTC will recover and Drep will explode to new ATH levels.
MetaHERO, HEROUSDT trade with 2X opportunityHEROUSDT trade will hit 161% fib level then move up towards 262% fib after crossing partial correction period. Overall you will achieve 2X growth. I will further update new target as we will hit our first target. Stay tune.
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.
TECH: The Next 10 YearsWeb 3.0 is the emerging paradigm of the Semantic web, where there is no central authority or gatekeeper. Whereas Web 2.0 was propelled by advances in social networking, mobile internet access, and cloud, Web 3.0 will be defined by advances in edge computing, decentralized data networks, blockchain, AR/VR and artificial intelligence. Web 3.0 is only just coming into picture. It will serve as an extension of many elements of Web 2.0, but will also create entirely new experiences and blue ocean opportunities.
For example, developers could combine parts of applications together or entire applications to customize how they experience and benefit from products and services.
Through the use of advanced AI, Web 3.0 search engines will offer personalized results based on individual preferences and needs. For example, if an IPA drinker and a Lager fan type ‘breweries near me’ in the search bar, they will receive different results for nearby breweries based on the type of beer brewed. Of course, this also means algorithms will know more about users.
More than 50 percent of data centers in the world are currently owned by Amazon, Google, and Microsoft. In Web 3.0, decentralized cloud networks and autonomous storage units will gain traction. Individuals will host and secure applications or ‘shards’, earning income that would otherwise go to large incumbents.
In Web 3.0, identity management will devolve back to individuals. People will control their digital assets and data, as well as access to them. Centralized and federated identity providers from Web 2.0 will fade into obscurity.
The ‘Metaverse’ will emerge, enabling people to participate and engage with a variety of 3D environments, including games, marketplaces, work spaces, socializing etc. The Metaverse will combine elements of AR/VR, blockchain/digital assets, semantic web and AI.
Whereas Webs 1.0 and 2.0 were cultivated, mass adopted, and financially exploited principally in a few technology hotspots -- US, Western Europe, and APAC, Web 3.0 will be global. We are entering a ‘New Digital World’ of borderless and frictionless transactions that will touch many aspects of life -- work, commerce, socializing, entertainment, etc. More and more people will have the opportunity to participate in this new world and benefit; geography and market access will no longer be major obstacles to success. The future is bright!
Be vigilant and stay Strong As I have mentioned before, be greedy when people are scared! I think we are coming to the final end of the side way as BTC is volatile and MANA is still holding strong with strong support $2.9-$3.1. Stay strong brothers, It is the test for the new ATH soon! The rewards may come unexpectedly by Christmas!
This is not financial advice!