JITO - JTO ALTCOIN POSSIBLE SWING LONG ZONEI believe we came possible swing long zone for JTO. It is one of my favorite Solana crypto coin. I added some spot and futures positions from here.
We may see all the way up till to ATH of the coin. But i will be looking first to take profits from the purple line.
Whatever i share is not a financial advice and do not risk more than you cannot afford.
Solana
JUP SWING LONG IDEA - JUPITER COIN SWING LONG - SOLANA CHAINFundamental Analysis: JUP is the top DeFi project on the Solana chain. It’s a strong project and one of my favorite DeFi projects in all of crypto. I have confidence in their team and vision. Recently, we’ve seen strong momentum in JUP alongside SOL's bullish movement.
Technical Analysis: The price is coming from the monthly demand zone. The weekly demand zone supported the price after testing the monthly zone, and it has broken the diagonal bearish trendline that was responsible for the mid-term bearish trend.
We recently hit and got rejected at the diagonal trendline responsible for the long-term bearish momentum. I believe we’ll see a small retracement from here before taking off, potentially aiming for new all-time highs.
SOL/USDT Technical Analysis: Channeling Towards Higher LevelsAnalysis:
Ascending Channel: The price of SOL/USDT is moving within a clearly defined upward channel, with higher highs and higher lows.
Key Fibonacci Levels: The chart highlights Fibonacci retracement levels, particularly around the 0.5 (230.10) and 0.618 (246.62) areas, which serve as potential support and resistance zones.
Current Resistance Zone: The price is approaching a resistance cluster near 246-257 USDT, indicated by the blue box. A breakout above this zone may lead to a rally toward the channel's upper boundary near 265-275 USDT.
Potential Pullback: If the resistance holds, a pullback to the 0.5 Fibonacci level (230 USDT) or the midline of the channel is likely before the next leg upward.
Trend Confirmation: The price remains bullish as long as it stays within the channel, with no signs of a breakdown below the lower boundary near 197 USDT.
SOLANA $1375 TargetA chart showing the current bull state sitting above the 200MA in white/grey
Price is looking to bounce to the upside off this 200MA
Each point in green circles shows these bounces.
573 days was the length of the first bull run so applying the same length to the current bull run we still have one strong move left, up towards $1375.
Very bullish still. Especially as we enter an alt season.
XRP looking to challenge SOLANALooking at the swings between Solana and XRP it seems XRP has formed a nice bottom and is taking its shot at the king. If you missed out on early solana perhaps its not to late for XRP.
Expect volatility, and from what we have seen so far some strength as well for XRP.
Could change in a heartbeat, not financial advice.
Hedera is about to leave its accumulation range and will fly!Most of you who follow me here for a while - if you're still around - know that we've bought the absolute bottom for Bitcoin and most altcoins after the FTX crash during nov/dec 2023. If you bought with me, congrats! If you didn't: there are still great opportunities!
One of them is Hedera (HBAR) - it's an U.S. based Layer 1 that uses hash graph technology. In short it's a new consensus system that's many many times more scalable than any blockchain - yes, also more scalable than Solana, Tron, Sui or any other project on the market. Next to that, they have fixed fees in USD, I.E. transaction fees are fixed at $0.0001. Making it the cheapest, most scalable (10,000 TPS) AND most energy efficient chain (they use about 50x less energy than BNB, the 2nd best on energy usage).
If that wasn't enough, they have a governing council consisting of many top corporations such as IBM, Google, LG, Boeing, Dell, Deutsche Telekom, Chainlink and many more. Making them the Layer 1 of choice for institutional adoption. They also did a whole leadership update with a new CEO, president and attracted key business talents next to their academic key figures such as dr. Leemon Baird, now serving as CTO.
Fact is, there's no other layer 1 that uses hash graphs in this way and has such institutional adoption. There are many big projects on the way with I.E. the Linux Foundation, RWA tokenization, US state dept, NASA and institutional stable coins with central banks (I.E. cross boarder payments with the Signapore Central Bank). There's also rumors of collaborations with Cardano on a new voting system and XRP for institutional grade stablecoins. Many of the XRP and Cardano fanbase are allocating capital to HBAR.
Lastly, Brian Brooks (part of the board of the HBAR Foundation) is one of the key candidates to take over from Gary Gensler at the SEC. One thing I anticipate is that the "new SEC" will drop the XRP case and give legal clarity for crypto. This means that institutions, governments and corporations can now actually build - instead of just buying bitcoin. Many of those will choose Hedera as their platform because of the predictable fees (low cost, high speed, low energy usage), any other chain uses crypto fees (I.E. ETH, SOL, TRON etc) and if those tokens pump, so do the fees - at Hedera, the price of HBAR doesn't matter for the fees. One other thing: Trump might cancel capital gains tax made with US based crypto companies, that's a huge catalyst by itself.
The chart is telling, Hedera was NOT on Coinbase, Kucoin or other big trading platforms apart from Binance. So this will be the first bull run its available across the board. We've pretty much follow the Wyckoff accumilation scheme 2 since the start of 2023 - when HBAR was listed on Coinbase. Current price action is very strong, especially if you check the long timeframe on the Binance chart.
Once we break 16 / 17 cents and retest it as support, I expect a next move towards 30 and the ATH of 50 cents. Long term targets should exceed $1 and depending on adoption and the (likely) new regulatory framework. Personally I see Hedera as the Apple of crypto, lagging on adoption from the start but making it up on the long run.
The current market cap of less than $6 billion and most dilution behind us with a $7.7 billion fully diluted valuation means there's so much more room to grow. For example: if Hedera has the current market cap of Solana, it would be trading at $3. Even if it does half from that, it does a 10x. Personally, I think a target between $2 and $3 is very reasonable.
In short, Hedera is in a really strong position to serve as a DLT for the future that will be preferred by the big corporations. Maybe memes are more popular now and Solana is one that benefits currently, but in tech, things never stay the same. Because if that was the case, (AOL) America Online would be part of the Mag 7 right now...
My investment thesis for crypto is to think ahead and not to be stuck in the current status quo. Hedera for the future.
Elliott Wave Analysis of SOLUSD - with targets for the TOPElliott Wave Analysis of Solana / SOLUSD.
From an Elliottwave perspective the pattern looks quite clear and leaves room for only a few more movements over the next few weeks before it tops out.
I believe that SOLUSD along with many other large cap crypto's only have a few more squiggles left in them before they complete this fifth wave cycle.
Enjoy and be safe!
Is Ethereum lagging behind the market and competitors?Btc is thr king and Eth is ghe queen of the cryptocurrency .
Now. Question is here, Does Ethereum want to remain queen?
I have been checking the status of 4 rival coins since September 1st.
Bitcoin
Ethereum
Cardano
Solana
====≈===================
The following section shows a comparison of prices from September 1st to now and their growth percentage.
Btc 52500 >> 99600 ≈90%🥉
Eth 2140>> 3425 ≈ 60% 🧸
Ada 0.3 >>> 1.15 ≈ 283% 🥇
Sol 120>>> 255 ≈ 112% 🥈
As we can see, Ethereum growth has been very, very low.
I think if Ethereum fails to make significant growth in this uptrend, competitors will take Ethereum's place and the crown will be taken from Ethereum's head.
What is your judgment and analyzing?
Please share your comments with me 🙏
Exploring $MTARD: The Autonomous AI Meme Coin on SolanaIn the fast-evolving world of cryptocurrency, where innovation often outpaces regulation, a new player has entered the scene with a unique proposition: $MTARD, the first AI-driven token on the Solana blockchain designed to autonomously play Minecraft. This article delves into both the technical and fundamental aspects of $MTARD, offering insights into why it might be worth the attention of crypto enthusiasts and investors alike.
Fundamental Analysis
- Unique Value Proposition: $MTARD stands out due to its integration of AI technology with the world's most popular sandbox game, Minecraft. This blend of AI with gaming creates a novel ecosystem where the AI not only plays but learns, adapts, and evolves within the game environment. This intersection of AI, gaming, and blockchain technology presents a narrative that's both futuristic and engaging, potentially attracting a broad user base from tech enthusiasts to gamers.
- Project Development and Transparency: The developer behind $MTARD has committed to transparency, promising regular updates through development logs and plans. This approach not only builds trust but also engages the community, fostering a decentralized ethos where the project's direction can be influenced by its users. This level of openness is crucial for long-term sustainability and community involvement.
- Market Cap and Accessibility: Currently, $MTARD has a modest market cap of around $1.1 million, which positions it as an under-the-radar opportunity. Its absence from major centralized exchanges (CEXs) means early adopters might benefit from the "buy low" potential before any listings that typically increase visibility and liquidity.
- AI Integration: The use of multiple AI agents for different tasks within Minecraft, social media interaction, and potential blockchain interactions showcases a high degree of technical complexity. This could lead to an "infinite content loop" where AI-generated content in Minecraft influences its online presence and vice versa, creating a dynamic, interactive ecosystem.
Technical Analysis
Current Trading Dynamics: The token has seen a slight uptick of 1.52% in the last 24 hours, indicating some interest from traders. The RSI (Relative Strength Index) at 47 suggests that $MTARD is neither overbought nor oversold, presenting a balanced entry point for potential investors.
Price Movement: With a high of 0.001882 USD and a low of 0.0009191 USD within a 24-hour period, $MTARD shows volatility which is not uncommon for new tokens but also indicates active trading. The volume of over 320K USD in the last day further supports this activity, with a notable number of both buy and sell transactions suggesting market interest.
Potential for Growth: Given its unique features and the trend towards AI in blockchain projects, $MTARD has speculative potential. We speculate that with continued development, community engagement, and potential CEX listings, the token could see its value increase significantly, with optimistic projections reaching $1.
Challenges and Considerations
- Volatility: As with many new cryptocurrencies, especially those with innovative but untested concepts, $MTARD might experience high volatility. This can be a double-edged sword offering high returns at high risk.
- Regulatory Scrutiny: The integration of AI with blockchain might draw regulatory attention, especially concerning data usage and privacy in AI operations.
- Adoption: The success of $MTARD hinges on its adoption rate. While the concept is innovative, it needs to capture and retain user interest to thrive.
Conclusion
$MTARD represents a fascinating blend of AI technology, blockchain, and gaming, aiming for high levels of decentralization and user interaction. For investors, the token offers a speculative opportunity with its low market cap, unique use case, and potential for growth through AI-driven gameplay and community engagement. However, as with all cryptocurrencies, thorough due diligence is necessary, considering the inherent risks of market volatility and the regulatory landscape.
Whether $MTARD will become a staple in the crypto ecosystem remains to be seen, but its current trajectory and the enthusiasm of its developer community make it an intriguing prospect for those looking to invest in the next wave of blockchain innovation.
Solana Eyes $290 After Testing $260 Resistance📊 Solana is trading within an ascending channel, currently targeting the key resistance at $260.
✅ If this level breaks, the price could rise further toward $290, the next major resistance.
👉🏼 A rejection at $260 might lead to a pullback within the channel.
Solana faces $6 billion short bet as price drops 12% from peakSolana (SOL) has faced increased selling pressure since it climbed to an all-time high of $264.63 on November 24. Exchanging hands at $232.72 at press time, the coin’s value has since dropped by 12%.
With waning bullish sentiment in the broader cryptocurrency market, this downward trend has prompted a surge in short positions, with traders betting on a further SOL price drop.
According to Coinglass, over the past 24 hours, the total value of Solana short positions has reached $6 billion, significantly outpacing long positions at $5.38 billion. This indicates a strong bearish sentiment among traders.
On the daily chart, SOL’s price is poised to break below its 20-day Exponential Moving Average (EMA). This indicator tracks the asset’s average price over 20 days, giving more weight to recent prices.
Since October 11, it has consistently served as a dynamic support level for SOL. Currently, the 20-day EMA provides support at $226.52, and a decisive break below this level would confirm the shift toward bearish momentum. If this happens, the SOL price drop may reach $205.56.
On the other hand, if market sentiment becomes more bullish, SOL’s price may rally toward its all-time high of $264.63.
SOLANA Is this correction a buy opportunity??Solana (SOLUSD) is on a 5-day pull-back, along with the majority of the crypto market. It is still above both the 1D MA50 (blue trend-line) as well as the 1D MA200 (orange trend-line) coming strong off a 1D Golden Cross. Is this correction, however, a buy opportunity?
Well the last time SOL formed a Golden Cross on the 1D time-frame was exactly 1 year ago (October 22 2023), after coming out of a similar (blue) Channel Down and that initiated the massive October 2023 - March 2024 rally. That rally hit all Fibonacci extensions of the Channel Down successively (2.0, 3.0, 4.0) and consolidated on all of them. Even the 1D RSI sequences between those fractals are similar.
As a result, we expect Solana to hit $315 (Target 1), $515 (Target 2) and $830 (Target 3) within a 4 month horizon.
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SOLANA $SOLUSD should continue rally after pullback endsSolana COINBASE:SOLUSD already confirmed bullish sequence by confirming higher high above March-2024 high. Since August-2024 low, it ended 3 of (3) at last peak and expect pullback in 4, which soon will end before it should continue rally in 5 of (3).
First MEME coin created by AI Agent - GOATGoatseus Maximus Aka GOAT, currently traded around $0.85 with all time high of $1.35 at 17th November 2024. GOAT also faced significant corrections today.
Current lower time frame chart 4H, I can see there is possible breakout and the price action will be back to $1 soon. I think this is the last chance to buy GOAT.
Note: As moneys are currently flowing in CRYPTOCAP:BTC , expect some will flow to others utility and bluechips coins, such as CRYPTOCAP:ETH , CRYPTOCAP:SOL and the previously dethroned $XRP.
Just in: Robinhood Listed Solana Memecoin Dogwifhat ($WIF)Dogwifhat ( CRYPTOCAP:WIF ), the Solana-based memecoin, has taken the spotlight after being listed on Robinhood on November 25, 2024. This milestone marks a pivotal moment, propelling CRYPTOCAP:WIF into mainstream visibility and sparking excitement within the crypto community.
Fundamental Analysis
Dogwifhat’s listing on Robinhood, one of the top US centralized exchanges (CEX), underscores growing institutional interest in memecoins, particularly those on the Solana network. This listing has led to a 7% price surge, with CRYPTOCAP:WIF trading around $4. Analysts anticipate further upward momentum, with targets set at $10 ahead of Thanksgiving.
Trading volume has also skyrocketed, with CRYPTOCAP:WIF registering a 24-hour volume of over $1.4 billion—an increase of 23.9%. This surge reflects heightened market activity and investor confidence. Additionally, the current market cap stands at $3.36 billion, ranking it #47 on CoinGecko, a remarkable feat for a meme token.
Technical Outlook
From a technical standpoint, CRYPTOCAP:WIF is displaying strong bullish signals. The Relative Strength Index (RSI) is currently at 56, indicating room for further growth before entering overbought territory. Notably, CRYPTOCAP:WIF recently emerged from a falling wedge pattern—a bullish reversal indicator. This breakout could propel the price past $4, with $5 as the next key resistance level and $10 within reach.
Adding to the optimism, CRYPTOCAP:WIF has formed a golden cross pattern over the past two weeks, where the short-term moving average crosses above the long-term moving average. This pattern historically signifies the start of a major uptrend. Furthermore, support from prominent figures like Arthur Hayes and the growing DEGEN CULT community provides additional bullish sentiment, reinforcing the expectation of CRYPTOCAP:WIF shaking up the memecoin market.
The Road Ahead
With its Robinhood listing and favorable technical indicators, CRYPTOCAP:WIF is well-positioned to capitalize on the growing interest in Solana-based memecoins. As market conditions align and momentum builds, all signs point toward CRYPTOCAP:WIF breaking new highs, potentially setting the stage for a transformative rally in the memecoin sector.
Investors and traders are watching closely—this might just be the beginning of Dogwifhat’s rise to the top of the memecoin economy. 🚀