#LINK $ $ #Chainlink $ 14''Ecosystem $ #Cryptocurrencies #link#LINK A technical analysis review that can be considered a leading reference to the change in ''Current market structure and crypto cycle''. The target price tags on the #LINK chart are my crypto exit plan. In this regard, we are in the 5th wave leg that supports the last rise, we will follow possible price movements.
Tether
The Stablecoin Revolution: Is the Dollar's Reign Over?
The Future of the Global Cryptocurrency Market: Navigating the Rise of Stablecoins and the Shifting Sands of Global Finance
The cryptocurrency market has exploded in popularity over the past decade, evolving from a niche interest to a global phenomenon. While Bitcoin remains the dominant player, the landscape is rapidly diversifying, with stablecoins like USDC and Tether playing an increasingly crucial role. This article explores the future of the global cryptocurrency market, examining the growing influence of stablecoins and their potential impact on the traditional financial system, particularly in relation to the US dollar and the DXY index.
The Rise of Stablecoins: Bridging the Gap Between Crypto and Fiat
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. This stability makes them attractive for everyday transactions and as a safe haven within the volatile crypto market. USDC and Tether are the two largest stablecoins, with market capitalizations in the tens of billions of dollars.
The appeal of stablecoins lies in their ability to combine the benefits of cryptocurrencies – such as speed, low transaction costs, and 24/7 availability – with the stability of traditional currencies. This makes them ideal for a variety of use cases, including:
• Remittances: Sending money across borders using stablecoins can be faster and cheaper than traditional methods.
• Payments: Stablecoins can be used for everyday purchases, both online and in physical stores.
• Trading: Stablecoins provide a stable asset for traders to use when navigating the volatile cryptocurrency market.
• Decentralized Finance (DeFi): Stablecoins are a key component of DeFi protocols, where they are used for lending, borrowing, and trading.
The Impact on the US Dollar and the DXY Index
The growing adoption of stablecoins has raised questions about their potential impact on the US dollar and the DXY index, which measures the dollar's strength against a basket of other major currencies. Some analysts believe that the widespread use of stablecoins could weaken the dollar's dominance in global trade and finance.
However, it's important to note that most stablecoins are currently pegged to the US dollar. This means that their value is directly tied to the dollar's performance. As a result, the rise of stablecoins could actually strengthen the dollar's position in the short term.
In the long run, the impact of stablecoins on the dollar will depend on several factors, including:
• Regulation: Governments around the world are beginning to pay close attention to stablecoins. The regulatory frameworks that are developed will play a significant role in shaping the future of these digital assets.
• Adoption: The widespread adoption of stablecoins will be a key factor in determining their impact on the dollar. If stablecoins become a major force in global finance, they could challenge the dollar's dominance.
• Competition: The emergence of other stablecoins pegged to different currencies, or even central bank digital currencies (CBDCs), could reduce the reliance on dollar-pegged stablecoins.
Opportunities and Challenges in the Cryptocurrency Market
The future of the cryptocurrency market is full of opportunities and challenges. The continued growth of stablecoins is likely to play a significant role in shaping this future. Other key trends to watch include:
• Institutional adoption: More and more institutional investors are entering the cryptocurrency market. This is bringing increased legitimacy and liquidity to the market.
• Technological innovation: The cryptocurrency market is constantly evolving, with new technologies and applications being developed all the time. This innovation is driving the growth of the market.
• Regulatory clarity: As governments around the world develop clearer regulatory frameworks for cryptocurrencies, this will help to reduce uncertainty and encourage further adoption.
However, there are also challenges that the cryptocurrency market must overcome, including:
• Volatility: The cryptocurrency market remains highly volatile, which can make it risky for investors.
• Security: There have been a number of high-profile hacks and scams in the cryptocurrency market, which have raised concerns about security.
• Environmental concerns: The energy consumption of some cryptocurrencies, such as Bitcoin, has raised concerns about their environmental impact.
Conclusion
The future of the global cryptocurrency market is bright, with stablecoins playing an increasingly important role. While the impact on the US dollar and the DXY index remains to be seen, it's clear that stablecoins are changing the landscape of global finance. As the market continues to evolve, it will be important to keep an eye on the latest developments and to be aware of the opportunities and challenges that lie ahead.
I see a bullish movement coming!BINANCE:VTHOUSDT
VTHOUSDT is crafting a rounded bottom which is of course a bullish pattern!
we can expect the price to reach the following prices in the coming days!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
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Let’s navigate the markets together—join the journey today! 💹✨
USDT Dominance Breakdown = Crypto Rally?USDT dominance has broken a long-term trendline and is now testing a critical support zone around 4.0%. If it drops below 3.8%, we could see a strong shift towards a risk-on environment, fueling a major rally in Bitcoin and altcoins.
However, if this level holds, we might see temporary consolidation before the next move. Historically, a decline in USDT dominance signals capital rotation into crypto, increasing the chances of an altseason breakout.
The coming days are crucial—watch this level closely!
Thank You!
USDT.DIntroduction
The analysis of Tether Dominance (USDT Dominance) is one of the most essential tools for predicting overall trends in the cryptocurrency market. This metric plays a crucial role in understanding investor behavior, particularly during periods when the market leans towards liquidity or transitions into a bullish phase. This report delves into the technical aspects of Tether Dominance, offering a detailed review of its current state and outlining potential future scenarios. It serves as a valuable resource for millions of investors seeking informed decision-making.
USDT Dominance Analysis
Definition and Importance of USDT Dominance
USDT Dominance reflects the percentage of the stablecoin USDT's market share relative to the total cryptocurrency market.
🔹 Increase in Dominance: Indicates investor preference for holding cash, often signaling market downturns.
🔹 Decrease in Dominance: Suggests capital is flowing into cryptocurrencies, signaling potential price growth.
Technical Overview
1. Breakout of the Ascending Channel
✅ Current Status:
USDT Dominance has broken below its ascending channel and entered a consolidation range.
✅ Range Box Details:
Upper Limit: Green Zone (6.17 - 6.53)
Lower Limit: Red Zone (3.73 - 3.99)
2. Price Target Based on Broken Channel
🔸 Bearish Target Estimate:
The projection based on the broken ascending channel suggests that USDT Dominance might drop to the gray support zone (2.99 - 3.16).
Possible Scenarios
Bearish Scenario
📉 Condition: Breaking below the red support zone (3.73 - 3.99).
📉 Target: A decline towards the gray support zone (2.99 - 3.16).
📉 Market Impact: Bitcoin and altcoin prices may rise as capital exits USDT and flows into digital assets.
Bullish Scenario
📈 Condition: Holding the red support zone and moving back toward the green resistance zone (6.17 - 6.53).
📈 Market Impact: Crypto prices may decline as demand for USDT increases.
Daily Timeframe Triangle Pattern
🔺 Observation: A triangle pattern has formed on the daily timeframe.
🔺 Prediction: A downward breakout is more likely, aligning with the bearish scenario.
Conclusion and Key Takeaways
1️⃣ Overall Trend: The trend remains bearish unless key resistance levels are broken.
2️⃣ Critical Levels:
Red Support Zone: 3.73 - 3.99
Gray Support Zone: 2.99 - 3.16
3️⃣ Trading Decisions: Focus on higher timeframes and confirmation of breakouts before making decisions.
4️⃣ Market Impact: The breakout or defense of critical USDT Dominance levels will have a significant influence on Bitcoin and altcoin movements.
🎯 Recommendation: Considering the bearish trend, approach bullish scenarios cautiously and prioritize confirmation of breakouts for accurate decision-making.
what can we find about USDT's dominance?CRYPTOCAP:USDT.D
✅ Tether Dominance has also reacted to the 4.40 supply range once again and has broken its short-term uptrend line 👏👏
✅ Currently, with the breakdown of the 4% support, it can move towards the major support of 3.73 again, and with its breakdown, a new downward leg for Tether Dominance will begin 👌
✅ The major supply range for Tether Dominance is currently between 4.40 and 4.60 👍
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
Tether dominance is bouncing well#usdt #tether dominance has bounced after made bullish divergence in daily candlestick size in mid term and now made w bounce in LTF. Accumulation is fine. Strong #usdtd if continues this odyssey, will surely damage current #btc and #altcoins ' prices in LTF. Not financial advice.
Tether Dominance(USDT)- Analysis & PredictionsLooking at the current chart of Tether Dominance, we see a clear downtrend within a descending channel. The current support level is near the 4.28% mark, and there seems to be a potential for a reversal or a continuation towards the lower support zone at 3.43%.
🔍 A breakout above the red resistance line could indicate a bullish movement, while a failure to break out might lead to further consolidation or decline. Watch closely for any breakouts or rejections around the key levels to identify potential entry points.
📅 Looking ahead, a significant move could be seen in the next few months, especially if Tether dominance starts to rise again as we approach mid-2025."
**Viewpoint for the user:**
"In this chart, Tether's dominance has been following a clear downtrend within a descending channel. If the dominance breaks the yellow zone at around 4.28%, it could indicate a move towards the lower support levels. On the other hand, if we see a reversal and break above the resistance level, it might lead to a bullish trend, potentially lifting the dominance to new highs. Keep an eye on these key levels for potential market shifts."
This provides a concise analysis while keeping the focus on key levels and potential market movements based on the current chart.
USDT Tether Dominance Overview: Scam Or Altseason?Hello, Skyrexians!
Today we are going to continue observe the charts which can be the evidences of potential altseason. Earlier we pointed out the Bitcoin dominance reversal and the potential impulsive wave 5 for altcoins dominance . Today we are going to look at the another very important chart of CRYPTOCAP:USDT.D to understand if we will see the altseason in the nearest future.
Let's take a look at the weekly time frame. Globally the chart is in huge uptrend, but last 2 years it is decreasing. We can count this dump as a major correction ABC in the super cycle. Waves A and B have been already printed. Wave B reached 0.61 Fibonacci of wave A, it can give us a great confidence that now USDT is in wave C. Moreover at the top of wave B our Bullish/Bearish Reversal Bar Indicator has printed the red dot, the huge bearish signal, as a result it's dumping now. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Wave C has the clear target between 1 and 1.61 Fibonacci extension levels of wave A. Now this zone is located inside the 1.55% and 2.77%. This is significant move which can cause altseason or this dump can be caused by some issues for Tether. Nobody knows, but finally there is a high chance that USDT is going to remain the position of the most popular stable coin.
Best regards,
Skyrexio Team
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BITCOIN IS GROWING STEP BY STEP TECHNICAL ANALYSIS + TRADE PLANTechnical Analysis
Ascending Triangle Formation
The chart displays an ascending triangle pattern, indicating a bullish trend continuation. The price has been forming higher lows while maintaining a relatively flat upper resistance level, suggesting that buyers are gradually gaining strength.
Key levels to watch:
Resistance: The price is approaching the resistance at $93,143 and $100,000.
Support: The ascending trendline acting as support is near $86,721.
Indicators:
VMC Cipher B Divergences:
The indicator shows a continuation of bullish momentum with green dots suggesting buying signals.
Bullish Divergence: This is a confirmation of positive momentum and suggests the current trend could continue, especially if it breaks resistance.
Relative Strength Index (RSI):
RSI is at 56.62, indicating that Bitcoin is neither overbought nor oversold. It suggests that there is still room for upward movement before entering overbought territory (RSI > 70).
Money Flow Index (MFI):
The MFI is in the green, at 56.02, showing a steady inflow of capital, which supports the bullish outlook. It is not in the overbought range, further indicating the potential for continued upside.
Stochastic Oscillator:
The stochastic indicator shows values of 77.28 (fast line) and 76.05 (slow line), both suggesting that the price is in the upper range. Though it's near the overbought zone, it isn't extreme enough to signal an imminent reversal.
Volume
The volume is increasing with each bullish move, indicating strong buying pressure and confirming that the trend is supported by market activity.
Key Price Levels:
Resistance Zone: $93,143 - $100,000
Support Zone: $86,721
Next Target: A breakout above the $93,143 resistance could target new highs around $100,000 or higher if the market sentiment remains bullish.
Trading Plan
Entry Strategy:
Buy Signal:
A break above the resistance level at $93,143 would be a strong buy signal, with the expectation of a continuation to the next target near $100,000.
Alternatively, a retracement to the support level at $86,721 could provide a good entry for a long position if the price rebounds from this level, confirming the ascending triangle pattern.
Stop Loss Strategy:
Stop Loss: Place a stop-loss order below the most recent swing low, around $86,000, to protect the position in case of a breakout failure. This provides a good risk-to-reward ratio if the price does not hold above the support trendline.
Profit-Taking Strategy:
First Target: The first target for profit-taking should be near $93,143 (initial resistance).
Second Target: A breakout beyond this resistance can target $100,000 and possibly new all-time highs (ATH).
Trailing Stop: Consider implementing a trailing stop once the price moves in your favor, allowing the position to stay open while locking in profits if the market reverses.
Risk Management:
Position Sizing: Based on the risk tolerance, adjust the size of your trades to ensure proper risk management. For example, risking 1-2% of your total capital on a single trade is advisable.
Review Market Sentiment: Always monitor broader market conditions and Bitcoin-related news for any sudden changes that may affect the trend.
Conclusion
The current chart signals a bullish continuation for Bitcoin, supported by the ascending triangle pattern, bullish indicators, and increasing volume. A break above $93,143 would confirm the next move towards $100,000. As always, it's important to monitor the market for any shifts and adjust your trading plan accordingly.
$USDT.D Has Fallen Off A CliffTrump's LANDSLIDE victory and Republican's controlling Congress has signaled full RISK-ON across the board in markets.
This has caused everyone to sell their stables for CRYPTOCAP:BTC and Alts.
Expect another 10% worth of CRYPTOCAP:USDT to be dumped into the market before we see a real correction.
This will put CRYPTOCAP:USDT.D ~3.8% which was the local top in March.
The correction should be short-lived as we make our way back down to 2-2.5%
USDT Dominance can surprise everyone First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
the signs say that either wave G is not over or we have an X wave, which means that USDT Dominance can drop back to the green box.
If the green box does not support USDT Dominance it could be a deep drop.
Bitcoin's dominance is bullish, so the price of bitcoin can become very bullish in the coming days.
Even the news of the war could not bullish USDT Dominance, which means that the situation of USDT Dominance is bad.
We have shown the new movement of USDT Dominance with an orange arrow on the chart
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
OBT. $25 million investments from Tether & Solana founderOobit is the app spend your crypto like regular bank. Tap & Pay via your phone.
I have a lot of info about Oobit MEXC:OBTUSDT GATEIO:OBTUSDT in my social network accounts, so I'll be short here.
Currently (price $0.018) they have market cap on $3 million, but full market cap $17 million. My target is $1 billion + market cap (or $1 if we talk about full market cap, because currently I don't know how much tokens really on the market), which isn't big for bull market.
Tether invested only in 2 tokens in their history. OBT and CEL (a long time ago). CEL was +- in the same condition, but pumped from extra low numbers up to $1.6 billion market cap .
Oobit is strong project, because they have nice marketing and great public team. Today they are in the top-10 fin apps in some EU countries and I believe will be even more popular because of expanding regions.
Check their whitepaper, there is a lot of interesting plans. I'm waiting for their L2 solution for app.
Popular app --> popular token.