Unraveling $EVAN: The Guardian of Degens Poised for a BreakoutThe cryptocurrency market, ever dynamic and unpredictable, has given rise to a unique token that captures the imagination of both meme enthusiasts and serious traders alike. $EVAN, a Solana-based token, is the embodiment of resilience and humor in the face of market volatility. Armed with compelling fundamentals and a promising technical setup, $EVAN is generating significant buzz.
What is $EVAN?
$EVAN the hobo is more than just a token; it’s a cultural phenomenon born from the Solana trench warriors' community. Representing the gremlin god of degens, $EVAN serves as the ultimate protector against bad actors in the crypto space, including rug-pulling developers, PvP predators, and scam artists. With a philosophy that blends copium and hopium, $EVAN reminds its followers that while trades may falter, their spirits remain unbreakable.
The live price of $EVAN as of today is $0.073346 USD, with a 24-hour trading volume of $7,934,949 USD. Currently ranked #561 on CoinMarketCap, $EVAN boasts a market cap of $73,332,559 USD with a circulating supply of nearly 1 billion tokens.
Technical Analysis:
From a technical perspective, $EVAN is trading within a symmetrical triangle, a pattern often associated with an imminent breakout. Currently up 4.34%, $EVAN’s price movement signals potential bullish momentum.
Relative Strength Index (RSI): At 66, the RSI indicates that $EVAN still has room to move upward before entering overbought territory. This creates an opportunity for traders anticipating a breakout.
- Recent Performance: With a price increase of 74.60% in the last seven days, $EVAN is outperforming both the broader crypto market (-4.40%) and its meme coin peers (-6.40%).
- Key Levels: A breach of the triangle’s upper boundary could trigger a bullish reversal, with targets potentially revisiting the recent all-time high of $0.08469. Conversely, failure to maintain current support could lead to consolidation near $0.07.
Community and Utility
Beyond its technical setup, $EVAN stands out for its vibrant community and cultural relevance. Born from the collective consciousness of degens, $EVAN is designed to protect and uplift traders navigating the often treacherous waters of the crypto market.
- Market Dynamics: Despite a 17.90% decrease in daily trading volume, $EVAN’s market activity remains robust, with $5,102,714 traded in the past 24 hours.
- Tokenomics: With a circulating supply of 999,823,336 EVAN tokens and a max supply of 999,844,983, $EVAN demonstrates strong liquidity and a controlled emission schedule.
- Exchange Presence: $EVAN is actively traded on decentralized platforms like Raydium, with the EVAN/SOL pair accounting for significant activity. The ease of access contributes to its growing adoption.
Comparative Performance and Long-Term Potential
Compared to its peers, $EVAN is emerging as a market leader. Its rise from an all-time low of $0.01442 on November 22, 2024, to its current levels represents an astounding 412.24% increase. This trajectory reflects the token’s strong fundamentals and community-driven growth.
Moreover, $EVAN’s fully diluted valuation (FDV) of $73,981,623 USD indicates a mature market presence. As the token continues to gain traction, its ability to sustain and amplify this growth will depend on the broader market trends and its community engagement.
Conclusion
$EVAN’s blend of humor, culture, and robust technical setup makes it a standout in the meme coin universe. As it trades within a symmetrical triangle, the potential for a breakout is high, supported by a favorable RSI and recent price performance. On the fundamental side, its strong community and tokenomics position it as a token worth watching.
Whether you’re a degen seeking protection or a trader eyeing the next big opportunity, $EVAN offers a compelling narrative and market presence. With the mantra “In $EVAN We Trust,” this token is more than a meme; it’s a movement. Stay tuned as $EVAN charts its course through the crypto trenches.
Solana
The Solana ecosystem continues to thrive...hello friends
This currency, which is from the Solana ecosystem, managed to make a good bottom after a long-term downward trend and managed to hit a new top.
Now that Pullback has stirred, it has provided us with a good opportunity to buy a ladder.
Note that if he keeps his range, he can move to the specified targets.
Dear friends, capital management must be observed.
Be successful and profitable.
SOLUSDT Trade LogSOLUSDT Short Setup (4H)
Trade Logic:
- Entry: Short within the 4-hour Fair Value Gap (FVG) following a strong sell signal.
Confluence Factors:
- Overextension: Price shows significant overextension above key resistance levels, increasing the probability of a reversal.
- Market Structure Shift (MSS): Clear break of bullish structure, signaling a potential trend reversal.
- Long Squeeze: Evidence of trapped long positions, adding downward pressure as they exit.
- Declining CVD (Cumulative Volume Delta): Weak buyer momentum during the recent price rally, supporting bearish bias.
- Risk-Reward: Minimum 1:2 RRR with stop-loss above the FVG and a maximum risk of 1% of account balance.
- Target: TP1 at the next structural demand zone; TP2 near key psychological support (e.g., $50).
Macro Context:
- Market Sentiment: Broader crypto market shows risk-off behavior as BTC retraces, aligning with bearish SOLUSDT bias.
- Funding Rates: Positive funding rates indicate aggressive long positioning, increasing short squeeze potential.
- On-Chain Metrics: Declining SOL staking activity and increased token flow to exchanges suggest reduced demand and potential sell pressure.
Keep stops tight and reassess if SOL breaks back above the 4H FVG, invalidating the setup.
Jupiter DAO Approves $860M JUP Airdrop Amid Price DropThe decentralized governance arm of Jupiter Exchange on Solana, Jupiter DAO, has made waves by approving an $860 million JUP token airdrop as part of its annual "Jupuary" program. Despite this significant move to bolster ecosystem engagement, LSE:JUP has faced bearish pressure, declining 9.35% at the time of writing. Let’s dive into the technical and fundamental aspects shaping Jupiter's current landscape.
The Airdrop Announcement
Jupiter DAO’s approval for this massive token airdrop showcases its commitment to long-term user engagement and ecosystem fortification. Key features of the updated distribution plan include:
- Revamped Model: Introduced stringent eligibility checks to curb speculative farming.
- Engagement Focus: Metrics such as asset holdings, regular participation, and interaction determine airdrop eligibility.
- Long-Term Incentives: Encourages holding, buying, and voting throughout the year.
This second attempt at the Jupuary airdrop reflects the DAO’s responsiveness to community concerns, setting a new standard for Web3 governance.
Market Sentiment and Impact
While the airdrop decision is fundamentally positive, market sentiment remains bearish due to:
1. General Crypto Market Conditions: Bitcoin’s inability to break the $100k barrier has contributed to a cautious market.
2. Recent Price Drop: LSE:JUP has fallen 6.99% in the past 24 hours, with a live price of $1.22 and a trading volume of $227.46 million.
The pseudonymous founder, “meow,” emphasized the importance of distributing JUP to users who could become long-term members, which is crucial for stabilizing token value and ensuring meaningful participation.
Technical Analysis
At the time of writing, LSE:JUP is trading at $1.22, reflecting a 9.35% decline. Technical indicators reveal:
- RSI (Relative Strength Index): At 47, LSE:JUP is approaching oversold territory. With immediate support found at the 65% Fibonacci retracement level. A further dip could test the one-month low.
Market Structure
- Bearish Zone: Selling pressure has dominated, with the price unable to reclaim key resistance levels.
- Volume: High 24-hour trading volume of $227.46 million suggests significant activity, but selling outweighs buying interest.
Key Levels to Watch
- Support: If LSE:JUP holds at the 65% Fib level, it may attract buyers looking for entry points.
- Resistance: Bulls must reclaim $1.35 to initiate a recovery and negate the bearish trend.
The Bigger Picture
Despite the current bearish sentiment, LSE:JUP ’s fundamentals remain robust, anchored by:
- Advanced DeFi Offerings: Jupiter’s ecosystem features swap aggregation, limit orders, DCA/TWAP tools, and perpetuals trading.
- Long-Term Potential: The airdrop and focus on user engagement could drive sustained interest and adoption.
Risks to Watch
- Continued selling pressure could drive LSE:JUP to test lower support levels, potentially dampening short-term investor confidence.
- Broader market bearishness, led by Bitcoin’s failure to cement a position above $100k, could limit upward momentum.
Conclusion
Jupiter DAO’s $860 million LSE:JUP airdrop is a groundbreaking initiative, emphasizing user engagement and governance in the DeFi space. However, bearish market conditions and short-term selling pressure have overshadowed this positive development, with LSE:JUP trading at $1.22 and nearing oversold territory.
Traders should watch for price action around the 65% Fib retracement level, which could offer a buying opportunity if selling pressure eases. For long-term investors, Jupiter’s robust ecosystem and commitment to community-driven growth position it as a promising player in the Solana DeFi landscape.
Will LSE:JUP rebound from its bearish spell or test new lows? The next few days will be crucial for its trajectory.
sol usdt long futures"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
JASMY did 200% Within few daysSEED_DONKEYDAN_MARKET_CAP:JASMY Update: Strong Performance 🚀
▪️ Entry Zone: $0.020 ✅
▪️ Current High: $0.06 (+200% from entry)
▪️ Target: $0.1–$0.2 (as per prior chart analysis)
▪️ Support to Watch: $0.04
Key Advice:
1️⃣ Avoid full FOMO during bull markets—always make informed decisions.
2️⃣ Book partial profits when an altcoin 2x from your entry; holding profits is a safer strategy.
3️⃣ Fresh entries in heavily pumped coins are not recommended.
Stay focused, manage risks, and trade wisely.
$SOL - AnalysisCRYPTOCAP:SOL 4H
1. Harmonic Pattern:
- A potential harmonic pattern is observed, consisting of points X, A, B, C, and D.
- Point D is located at the 0.952 Fibonacci level, indicating the completion of the pattern, and there is an expectation of correction or reversal.
2. Order Block:
- An "Order Block" area is identified near the price peak (range of 156 to 160). This area could act as a strong resistance, with a likelihood of price reversal from this level.
3. Ascending Trendline:
- The price has reacted to an ascending trendline multiple times. This line can serve as strong support, and if broken, it could lead to further price declines.
4. Retest Area or Rise from Here?:
- Two potential scenarios are illustrated in the analysis:
- Bullish Scenario: After reaching the trendline, the price could pull back and move upward.
- Bearish Scenario: If the trendline support is lost, the price may decrease further and move toward lower areas (around 140).
5. Strong High Area:
- This area is marked as a very strong resistance above the price, which, if broken, could lead to significant upward movement, potentially reaching the range of 164 and above.
SOL - Bullish or Bearish?SOL seems to be facing an unstable head-and-shoulders pattern, with the possibility of striking key support levels. The Moving Average Convergence Divergence (MACD) shows that SOL struggles to cross the zero line, indicating bearish sentiment. The Relative Strength Index (RSI) has been coming down from overbought conditions since December 3rd. The 20-day moving average (20ma) and the 200-day moving average (200ma) are converging, potentially undoing the golden cross formation observed on October 13th. This could signal a possible reversal. It's possible that we might see a shakeout followed by a bounce to the upside, or SOL may consolidate at key support levels before bouncing. Keep an eye on its movements.
Support - $215
Resistance - $246
Fear and Greed Index - 78 (Greed)
Solana at a Crossroads: $240 is the Key!Solana (SOL) has been on a wild ride, recently revisiting its all-time high. But don't break out the champagne just yet! A critical resistance level has emerged around $240, acting as a major roadblock to further gains.
Here's the breakdown:
$240 Resistance: This price point is a significant hurdle. Multiple attempts to break through have been rejected, indicating strong selling pressure. A decisive daily close above $240 is crucial for a renewed bull run.
Downtrend Potential: Until that breakout happens, SOL appears to be in a downtrend. Expect continued downward pressure, with a potential target of $180. This area could provide strong support, setting the stage for a potential bounce.
Trade Idea:
Long Oppurtunity: Wait for a confirmed daily close above $240 before entering long positions. Target the previous all-time high and beyond.
Short Opportunity: The current technical structure presents a compelling shorting opportunity for traders with an appropriate risk appetite. Entry points could be considered at the current price or on any failed attempts to break above $240. A prudent stop-loss would be placed above the $240 resistance level, while a price target of $180 is reasonable.
Key Indicators to Watch:
Daily Close: Pay close attention to the daily closing price. A close above $240 is the bullish signal we're looking for.
Volume: Increased volume on a breakout above $240 would add conviction to the move.
RSI: Monitor the Relative Strength Index for signs of bullish divergence, which could foreshadow a price reversal.
Disclaimer: This is not financial advice. Always do your own research and manage your risk accordingly.
Bullish GST is setting up the same as COINBASE:SPAUSD before it ran 4x. I was the first to comment and chart SPA go look. GST is going to run hard in my opinion based of TA and the current overall market trends. Seen in the chart is a bullish pennant break out and riding that trend line up. SPA did a similar sit up a few weeks ago and followed with one solid big green candle. Waiting for a solid big green candle. So far chart is primed for a massive new leg. Of course not financial advice and do your own DD. Crypto is very volatile but as we peak alt coin season and COINBASE:BTCUSD calms down, all these other coins will run 20-50x. There will be growing pains and pull backs but the next 2-3 months will be interesting to see how high some of these coins spike. This is in game currency tied to COINBASE:GMTUSD on the COINBASE:SOLUSD
Once Sol and GMT continue to pave the way, this will continue to explode. First resistance we need to flip will be .042ish area.
RAY / USDT - Looking for a trend up to $5Raydium swap will grow as Solana grows. I see ray outperforming Solana in the mid to longer term (Weekly). Volume will only increase.
In the shorter term (Daily) I'm expecting a continued trend up towards $5 and above. I have left the chart as simple as i could. This is one of my high conviction plays.
This is not FA. Only a idea. I'm using smaller time frames to enter. Invalidation would be a brake of trend.
If you have liked this chart please boost and leave a follow to be among my first 100 followers here on trading view.
SOLANA // Neutral within the Daily Bearish CountertrendThe market is in a neutral zone, so there is no use going down in the timeframes.
The primary bull trend may continue after the Daily impulse base (brown) is broken on the daily, but the best chances are in the expansion above the clear H4 breakdown (green).
In this case, the weekly target fibo 200 is my target.
On the short side, it's more risky now, since the market is in the accumulation phase, but below the H4 impulse base (also brown), we have a chance to visit at least the daily zone again (blue dashed).
Stay Patient, Stay Disciplined!
🏄🏼♂️
Your comments and questions are very much welcomed, not mentioning your boosts! 👊🏼 😀
SOLANA LOOKING ALL TIME HIGHS - SOL LONGPrice rejected strongly from the daily demand zone after running the daily swing liquidity. This move created a 4H demand zone. Following that, we saw a break of the bearish trendline, with a retest of both the trendline and the 4H demand.
I entered a position during this retest, even as BTC was aggressively dumping by over $10K, which is why I couldn’t share this idea in real time. However, I am already in this trade and targeting a bare minimum of $271 as the next level.
Solana’s Memecoin Hub Faces UK Ban Amid Regulatory ConcernsThe Solana ecosystem has been making waves in the crypto space, not only for its technological advancements but also for its thriving memecoin market. However, recent developments surrounding **Pump Fun**, a prominent Solana-based memecoin launchpad, have sparked regulatory debates. Despite the challenges, Solana’s native token, CRYPTOCAP:SOL , demonstrates resilience in the face of adversity.
Pump Fun’s UK Ban: A Regulatory Crackdown
Pump Fun, a leading platform for memecoin creation and trading, has abruptly restricted access to users in the United Kingdom. This decision follows a warning from the Financial Conduct Authority (FCA), which accused the platform of operating without proper authorization under UK financial laws.
Key highlights of the FCA’s concerns include:
- Lack of financial authorization for services provided.
- Warnings of potential risks for users engaging with Pump Fun.
- A directive to the public to avoid the platform.
In compliance, Pump Fun updated its terms of service and barred UK residents, marking the UK as a restricted jurisdiction.
The Rise and Controversy of Pump Fun
Launched in early 2024, Pump Fun quickly became a hub for Solana’s memecoin enthusiasts.
- Trading Dominance: Facilitated over $250 million in token trades, capturing 62% of Solana’s decentralized exchange (DEX) transactionsfi in November.
- Popular Tokens: Enabled the creation of tokens like PNUT and WIF, driving memecoin hype.
- Challenges: Faced backlash for inadequate content moderation and reports of misuse of its now-disabled livestreaming feature.
With its roots in the UK, Pump Fun's founders, operating under pseudonyms, have come under scrutiny. Legal experts warn that its lack of compliance with anti-money laundering regulations could result in further penalties.
Solana’s Reaction: CRYPTOCAP:SOL Remains Strong
Despite Pump Fun’s legal troubles, CRYPTOCAP:SOL has maintained its footing in the market.
- Price Movement: As of this writing, CRYPTOCAP:SOL is trading at 1.74% up, unaffected by the negative sentiment around Pump Fun.
- RSI Insights: The Relative Strength Index (RSI) at 53 suggests a balanced momentum, with neither overbought nor oversold conditions.
- Bullish Pattern: A bullish engulfing candlestick on the daily chart indicates buyer interest, even in uncertain times.
- Support Levels: If selling pressure increases, immediate support lies at the 61.8% Fibonacci retracement level.
What’s Next for Solana and Pump Fun?
Pump Fun's UK ban could set a precedent for stricter regulation of memecoin platforms, not just in the UK but globally. For CRYPTOCAP:SOL , its resilience underscores the ecosystem's ability to weather localized disruptions. However, the Solana community may need to address reputational risks tied to controversial platforms like Pump Fun.
Conclusion
While Pump Fun’s UK ban signals the growing scrutiny of crypto platforms, Solana's technical and fundamental strengths continue to shine. As CRYPTOCAP:SOL holds steady, this could present an opportunity for investors to consider its long-term potential amidst temporary market turbulence.
SOLANA NEXT STOP $300Solana has been outperforming ETH for a while now, not only on the charts and for investors but behind the scenes as well. Some simple price action coupled with the certainty retail traders have of SOL indicate a breakthrough of the ATH resistance, not to mention the bullish general market sentiment crypto has at the moment.
I would put SOL in the top 3 at the moment with good potential. If we do see confirmation of a breakthrough, there will obviously be some relief and a pull back and likely a retest of that key level which would now be acting as a support. This is where i would expect huge influx of liquidity from retail and commercial investors to further boost SOL on its upwards cycle towards my mid term target of $300 ($308 to be precise).
$LTC Path to ATHLitecoin faces major resistance at $110. With a break of $110 we can expect to see a recovery back to previous highs. Once Bitcoin breaks $100k the altcoin rally may likely begin.
Traditionally I would be looking at the main 3 plus a innovative cryptocurrency. Last cycle it was Bitcoin, Litecoin, and Ethereum with Solana as my plus one. This cycle I am taking Bitcoin, Litecoin, and Solana replacing ETH with Chainlink as my plus one.
Some things to keep in mind:
Hashrate at ATH
Golden cross on the Daily
ETF Potential
Reliability
Historical presence
Why is SOLANA expected to reach $300 ?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for SOLANA , 📚💡
In response to the query raised in the heading, Solana has consistently outperformed Ethereum across several critical performance metrics in recent months. This achievement is further bolstered by its highly skilled development team, which has successfully rolled out a series of strategic updates, solidifying Solana's position as a leader in blockchain technology through cutting-edge innovations. 📚✨
With its strong foundational strength, a price target of $300, reflecting a potential 27% price increase , seems entirely plausible. Additionally, technical analysis supports this optimistic outlook, suggesting that the upward trend is likely to continue. 📚🙌
🧨 Our team's main opinion is: 🧨
Solana has outpaced Ethereum in key performance metrics, backed by a skilled development team and strategic updates, positioning it as a leader in blockchain innovation. With strong fundamentals, a $300 price target and a 27% potential gain are well-supported by technical analysis, indicating continued upward momentum.
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
SolanaSol usdt analysis
Time frame 4 hours
Risk rewards ratio >3 👈👌
Base on technical analysis
Head and shoulders pattern is created . Then price dropped
Now the price is close to strong support
Solana reached new peak after 2 years and then dropped.
Now this support area is good to enter and give a good benefit
Bitcoin Pushed Past $100kMarket Update - December 6, 2024
Bitcoin breaks contain: The price of bitcoin surged past the $100,000 mark on Wednesday night, setting off celebrations within the digital asset ecosystem.
XRP surpasses Tether’s USDT to claim the third spot in market cap: A new regulatory regime in the United States has boosted the coin’s prospects.
Trump chooses crypto advocate for next SEC chair: President-elect Donald Trump has selected Paul Atkins, a long-time crypto industry advocate, to lead the Securities and Exchange Commission.
Alex Mashinsky pleaded guilty to fraud related to Celsius’ collapse: Facing up to 30 years in prison, his plea represents a broader reckoning after the 2022 crypto winter.
DMM Bitcoin will cease operations after a $305M hack, transferring accounts and assets to SBI VC Trade next year: The hack, linked to suspected Lazarus Group activity, caused widespread service disruptions and financial losses.
Bitcoin Surges Past $100K Mark As Momentum Continues
The price of bitcoin surged past $100,000 on Wednesday night, breaking through significant selling resistance to reach an all-time high around $104,000 before dipping back below $100,000 Thursday afternoon. Still, the price of bitcoin has risen nearly 50% over the past 30 days, driven by steady spot bitcoin ETF inflows, continued buying from Michael Saylor’s MicroStrategy, and anticipation of a crypto-friendly administration from president-elect Donald Trump.
Bitcoin’s push past $100,000 set off a series of celebrations in the crypto community and served as a victory lap for bulls that endured a 2022 crypto winter that saw the price of bitcoin drop below $17,000. Now just two years later, traditional financial actors have increasingly embraced crypto, with analysts setting a $120,000 near-term price target. Analysts at Bernstein said the price could reach $200,000 by the end of 2025.
During an interview at the DealBook Summit on Wednesday, Federal Reserve chair Jerome Powell added more legitimacy to the asset class by comparing it to digital gold. The market price of bitcoin measured in gold has hit 39 ounces, an all-time high.
“It’s just like gold, only it’s virtual, it’s digital,” Powell said. “ People are not using it as a form of payment or as a store of value. It’s highly volatile. It’s not a competitor for the dollar, it’s really a competitor for gold.”
➕Topic of the Week: Polymarket: A Decentralized Prediction Market
🫱 Read more here
BNB’s Bull Run: $2000 This Cycle, $5000 Next?BNB’s Bull Run: $2000 This Cycle, $5000 Next?
#Binance Coin has hit a new ATH and is gearing up for the $2000 club! 🎉
▪️ Initial Entry: $250-$200
▪️ Current Price: 240% up from entry
▪️ Profit Booking: Starting at $1000
Targets:
▪️ This bull run: $2000 (200%-300% potential is realistic)
▪️ Long-term (next bull market, 3-4 years): $4000-$5000
I remain super bullish on CRYPTOCAP:BNB and will post updates on any changes or profit-booking decisions. Let’s make massive profits together.
Note: Always do your own research before investing.
#Altseason
Where To Buy SOL MartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here.
SOL is looking very good here as it builds pressure before this next move up, very strong chart for more upside
Very similar to SUI which is up 30% + this week
Do not miss out on SOL as this is a great opportunity
Watch video for more details