This graph shows the ranking of stable coins, according to the Amount of Assets Held by Whales (some stable coins don't have this information here). Since May 02, 2022, BUSD has surpassed USDC in this indicator. USDT remains relatively stable, and DAI was below $2 billion. The PEG of these stable coins can be seen in this other analysis:
Grayscale warning ahead of the Ethereum Merge: “issuers like Tether and CirclePay have stated that post-fork, only the tokens on the PoS (proof of stake) network will be redeemable”, so if the PoS-based Ethereum fork goes “live with a parallel DeFi ecosystem, collateralized with unredeemable stablecoins, users and smart contracts may attempt to liquidate positions...
As it depicted in chart XAU got ABCD pattern and its correction was around 0.5 fibonacci so we can predict it goes to its 1.5 fibo target
5 months Ascending triangle, mid term cup and handle pattern formation. +300% in sequential quarter sales growth. only concerning is low institutional sponsorship, and there doesn't seem to be pick up interest in institutional interest.
Entry Price = 0.00002256 Target Price = 0.00004973 Potential Gain = 120%
PAX Global Tech (Ticker: 327) is a HK-based producer of cashless payment hardware similar to Ingenico, while being significantly more undervalued than the latter. long term target for the stock is 10-15 HKD. Since the huge breakout in Aug the stock followed the exact same pattern 3 times already: - 2-4 days breakout on higher volume - backtesting of breakout...
Paxos Standard (PAXBTC) is now showing multiple bullish signals and a clear bullish breakout is about to take place. Let's start by looking at the chart patterns and signals. 1) We have the "Cup pattern", which is bullish in nature. 2) We also have the "3 Heads pattern" which is also known as "Inverse Head & Shoulders", also bullish. For the chart...
will crypto traders wake up one day with a disaster of USDT crashing? Do you think USDT is a real safe heaven? 10.4 B is a mighty resistance for USDT.so, can we see a real crash from there? shall we go for the FIAT instead of stable coin? it is an open discussion ,so tell me your opinion
Paxos Standard (PAXBTC), which we use as a reverse indicator for Bitcoin (BTCUSD), is now looking bullish. First, we have the long wick on June 14. This signals the first attempt to change the trend. We have prices moving above EMA50, while EMA10 has been conquered for a few days. The MACD is now on the bullish zone and the RSI above 50. PAXBTC moves inverse...
Potential Long, followed by Short at 99MA Resistance. Pattern spotted on the 1D and confluence on the 4H and 1H. Using Support and Resistance Levels as well as the moving Support and Resistance Levels of the Moving Averages. Basic Rounded and Micro-Retests taken into account when anticipating the bounces at both the Long Level and the Short Level.
Will these market caps ever stop going up? USDT, USDC, PAX, BUSD, TUSD, DAI . Maybe XUSD crypto coming
Paxos Standard (PAXBTC) looking bearish today versus Bitcoin... This analysis is true only when the daily candle closes and if it does so below EMA300 (0.00014143). Right now prices are moving below EMA10, EMA50, and EMA300, with EMA300 being the strongest of the three EMAs mentioned above. Closing below this level can almost guarantee a test of EMA200/MA200...
Yesterday I looked at the Paxos Standard (PAXBTC) chart and saw some bearish signals, this told me that Bitcoin (XBTUSD) was about to move up... And so it happened. Right now I am seeing some bearishness on this chart, seeing PAXBTC go down is another signal that Bitcoin can easily go up. Conditions for change If prices move and close above EMA10 (0.00015371),...
Torn between which level to enter or how many bullets to shoot at it but this is where im looking. fib + level + RSI divergence on 15 is strong
About Paxos Standard Paxos Standard (PAX) is a stablecoin that allows users to exchange US dollars for Paxos Standard Tokens to 'transact at the speed of the internet'. It aims to meld the stability of the dollar with blockchain technology. Paxos, the company behind PAX, has a charter from the New York State Department of Financial Services, which allows it to...
Pattern: Channel Up on 1D. Signal: Bullish as the price reached the Higher Low trend line of the pattern. The RSI is also on the 5 month Support Zone. Target: 0.000165 (just below the April 23, 2019 symmetrical Resistance).