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Fundamental Analysis on MultiversX (EGLD | from $20 to $3,180?Fun experiment on crypto fundamental analysis — I asked Grok 3 AI to evaluate MultiversX (EGLD) [ CRYPTOCAP:EGLD ]. It was a long conversation with interesting outputs. MultiversX received an 8/10 score. For Grok, it's a top pick for building apps and for mid to long-term investing. I shared the complete results and logic in my account on 𝕏 ( vinibarbosabr ). You can find it at highlights , if you want. The conclusion is that, per Grok, CRYPTOCAP:EGLD could hit: Medium term (1 to 5 years): $10 billion to $30 billion market cap @ $318 to $955. Long term (5 to 10 years): $50 billion to $100 billion mcap @ $1,590 to $3,180. Now, let's dive into the analysis! In summary, Grok evaluated a list of objective and well-documented MultiversX attributes, giving it a score 8 out of 10. The AI said EGLD does not make a good short-term buy, due to poor price action at around $500 million of capitalization, while saying it is a top-pick for mid and long term fundamental investing eyeing a $100 billion market cap. From a tech perspective, Grok 3 agrees MultiversX is one of the most advanced blockchains to date. When asked if it would have MultiversX among its AI top picks to build a project, the answer was yes. First, Grok 3, one of the most advanced AI models to date, evaluated eight categories of blockchain fundamental analysis. MultiversX scored 7.875 on average, with the AI rounding it up to 8 out of 10 points. Scalability got a 9/10 score, considering the fully implemented sharding technology, transactions per second (TPS) capacity, and performance. With 30,000 current TPS on mainnet, a 263,000 TPS achieved on a testnet, and a theoretical capacity superior to 1 million TPS thanks to its adaptive sharding—increasing with demand—MultiversX is one of the most scalable blockchain networks. Decentralization got an 8/10 score, showing strong decentralization, but with room for improvements. The network has over 5,500 nodes, of which, 3,200 are active validators, losing only to Ethereum (ETH). Notably, MultiversX has a Nakamoto Coefficient of 9 for liveness, meaning nine entities have over 33% of all the nodes. Speed and Finality got an 8/10 score, with sub-second finality in the roadmap for 2025, currently taking 6 seconds. The improvement, according to Grok AI, would put EGLD transactions among the fastest layer-one (L1) blockchains. Security got an 8/10 score, with its proof of stake architecture, ESDT tokens being native assets, and onchain 2FA. Yet, the model warns against possible stake accumulation above the 51% threshold as a potential risk for the future. Which is the same risk for all blockchain networks’ security. Cost and Accessibility got a 9/10 score, due to approximately $0.002 cost per transaction, below the industry’s average. MultiversX tech stack also offers developers the possibility to offer gasless (no fees) transactions to the end user. Still in accessibility, the chain has one of the lowest hardware requirements for its capacity in the space, which also contributes to decentralization. Developer Experience (DevX) got a 9/10 score, with a top-down focus on development and a grassroots “build” culture. MultiversX offers familiar tools like Rust framework and WebAssembly, flexibility in programming languages, and a strong open source ethos. Comprehensive documentation and an active community further support developers, making it attractive for building applications and smart contracts. Ecosystem and Adoption got a 7/10 score, as a small ecosystem’s size and adoption relative to larger blockchains could limit its current reach and utility. Still, the ecosystem is growing, together with implementations and partnerships, having big names associated with EGLD. Economic Model (Tokenomics) got an 8/10 score, considering a capped EGLD supply, with full distribution by 2030. Moreover, Grok AI mentions a 30% network fees going to the developer of the used smart contract, incentivizing builders. All things considered, we asked Grok 3 AI what would be the ideal market cap for EGLD, MultiversX base token. Notably, Grok was considering a $565 million capitalization, ranked 95 in CoinMarketCap, trading around $20 per token. Based on fundamental analysis, a comparison with other leading blockchains at higher ranks, would put MultiversX among them, Grok said. This, however, looking at the mid and long term, as the market would need time to adjust accordingly. For the medium term (one to five years), the AI predicts EGLD could reach a market cap between $10 to $30 billion, positioning the cryptocurrency next to Cardano (ADA), Polkadot (DOT), and Avalanche (AVAX). For the long term (five to ten years), Grok is even more bullish, siding MultiversX with Solana (SOL) and Ethereum. In this case, EGLD could reach between $50 to $100 billion market cap. In conclusion, Grok AI agrees that MultiversX is one of “the most technically advanced blockchain today.” It has achieved a remarkable fundamental analysis score and offers an interesting investment opportunity for mid and long-term investors. Furthermore, it features among one of the AI’s top picks of decentralized infrastructures to build applications and smart contracts. Nevertheless, investing is risky and fundamental analyses can often be complex and highly nuanced. Investors and builders should do proper research and due diligence before making important decisions. The short-term for EGLD is also risky, as mentioned by Grok in the analysis.
CRYPTO:EGLDUSDLong
by vinibarbosa
1
TradeCityPro | Deep Search: In-Depth Of LINK🔹What is Chainlink?! 🔹Chainlink is a decentralized oracle network that enables smart contracts to securely interact with real-world data, external APIs, and off-chain computations. Founded in 2017, Chainlink solves the "oracle problem" by providing tamper-proof, trust-minimized data for blockchain applications. 🔹Chainlink has become a critical infrastructure in the DeFi (Decentralized Finance) ecosystem, enabling hybrid smart contracts that leverage off-chain data. With partnerships in traditional finance, gaming, insurance, and enterprise solutions, Chainlink is positioning itself as the primary gateway between blockchains and real-world data. 🔹Chainlink’s Core Technology & Products ▪️ A. Decentralized Oracle Networks (DONs): Chainlink’s oracle networks retrieve, verify, and deliver off-chain data to on-chain smart contracts in a secure and decentralized manner. These oracles solve blockchain’s lack of external connectivity, making real-world data accessible in DeFi, insurance, gaming, and enterprise applications. B. Cross-Chain Communication (CCIP): Chainlink enables cross-chain data sharing between public and private blockchains, allowing seamless communication and transfer of value across multiple networks. ▪️ C. Data Feeds & Market Insights: Price Oracles: Secure on-chain price feeds for assets like BTC, ETH, stablecoins, and commodities. Proof of Reserve: Verifies asset collateralization in real-time, crucial for stablecoins and wrapped assets. Data Streams: Provides high-frequency market data for next-gen DeFi protocols. ▪️ D. Compute Services: - Functions: Connects smart contracts to any API, enabling custom Web3 applications. - Automation: Automates smart contracts with event-based triggers. - Verifiable Random Function (VRF): Ensures secure randomness in gaming, NFTs, and lotteries. 🔹Chainlink’s Economic Model & Tokenomics A. LINK Token Utility The LINK token is the native cryptocurrency of the Chainlink ecosystem, used for: 🔹Paying node operators for retrieving, verifying, and delivering data. 🔹Staking to provide economic security and ensure data integrity. 🔹Governance and ecosystem incentives. B. Staking & Security Mechanism: Chainlink introduced staking as part of its Chainlink Economics 2.0 model to enhance security: 🔹Node operators must stake LINK to provide data services. 🔹Validators get slashed for incorrect or malicious data submissions. 🔹Delegated staking allows non-technical users to stake LINK via trusted operators. C. Token Distribution 🔹ICO Price (2017): $0.11 🔹Total Supply: 1 billion LINK 🔹Circulating Supply: ~450M LINK (45% of total) 🔹Token Allocation: -35% for ecosystem development and node incentives. -35% sold in ICO/public sales. -30% retained by Chainlink Labs for network growth. D. Market Performance & ROI 🔹All-Time High (ATH) Price: $52.88 (May 2021) 🔹ICO ROI: 484.11x (+48,311%) 🔹Private Sale ROI: 587.5x (+58,650%) 🔹Total Funds Raised: $32M (ICO: $3M, Private Sale: ASX:29M ) 🔹Some of Investors: Hashed Fund, Framework Ventures and Fundamental Labs —— 🔹Chainlink’s Adoption & Use Cases A. Financial Services & DeFi Chainlink secures billions of dollars in DeFi protocols, including: 🔹Aave (lending and borrowing) 🔹Compound (decentralized finance) 🔹Synthetix (synthetic assets) 🔹Uniswap (decentralized exchanges) B. Asset Tokenization & Enterprise Adoption Chainlink enables tokenization of real-world assets (RWA), integrating blockchain technology into: 🔹Traditional banking and payments 🔹Supply chain transparency 🔹Enterprise solutions (e.g., SWIFT, Google Cloud, FedEx, AccuWeather) C. Gaming & NFTs 🔹VRF ensures fairness in blockchain gaming and NFTs. 🔹Major NFT & metaverse projects rely on Chainlink for secure randomness. D. Insurance & Climate Markets 🔹Weather-based smart contract automation for crop insurance. 🔹Secure insurance claim processing using verified external data. 🗺Chainlink (LINK) Roadmap Chainlink is evolving rapidly to enhance scalability, decentralization, and utility across blockchain ecosystems. The Chainlink 2.0 upgrade and Economic Model 2.0 are set to play crucial roles in the network’s future. Here’s a breakdown of Chainlink’s roadmap and upcoming developments. A. Next-Gen Oracle Solutions Chainlink 2.0 expands Decentralized Oracle Networks (DONs), introducing: 🔹Off-Chain Reporting (OCR) for better efficiency. 🔹Hybrid computation models for privacy and scalability. 🔹Fair Sequencing Services (FSS) to prevent front-running in DeFi. B. Staking Expansion 🔹Staking rewards expected to start at 5% APY, paid via fees + emissions from the Chainlink treasury. 🔹Full staking implementation in Chainlink Economics 2.0 to ensure sustainable network growth. C. Cross-Chain Integration & Layer 2 Adoption 🔹Chainlink plans deeper integration with Layer 2 solutions like Arbitrum & Optimism. 🔹Further adoption into non-EVM blockchains like Solana, Polkadot, and Cosmos. 🏦 Strategic Partnerships & Institutional Adoption Corporate & Enterprise Partnerships: Chainlink has secured high-profile collaborations with: -Google Cloud: Integrated Chainlink oracles for Web3 data verification. -SWIFT: Exploring cross-border transactions using Chainlink. -AccuWeather & FedEx: Providing real-world data for blockchain use cases. -Associated Press: Integrating trusted news data into smart contracts. 🔹Advisory Team & Leadership -Sergey Nazarov (CEO): Blockchain visionary, co-founder of SmartContract.com. -Steve Ellis (CTO): Co-founder & lead engineer behind Chainlink. -Eric Schmidt (Ex-Google CEO): Joined as technical advisor. 🔧Security & Consensus Mechanism -Ethereum-based ERC-20 token with Proof-of-Stake (PoS) consensus. -Delegated Proof-of-Stake (DPoS) & Proof-of-Authority (PoA) used for oracle security. -Multi-layered decentralization ensures resilience against data manipulation. 🔹Market Outlook & Future Predictions Competitive Edge: -Most adopted decentralized oracle network. -$75B+ secured across 1,000+ projects. -Expanding beyond crypto into traditional finance & enterprise applications. Challenges & Risks -Reliance on Ethereum scalability. -High competition from newer oracle solutions (e.g., --Band Protocol, API3). -Adoption rate depends on broader DeFi growth. 👛Some of the wallets that support Chainlink MetaMask Ledger Wallets (Nano S & Nano X) Exodus Wallet WalletConnect Rabby Wallet Trust Wallet Atomic Wallet Coin98 Wallet Trezor Wallet Argent Wallet — 🔹Platform for staking LINK Stake.link Chainlink Stake.com —- Platform for providing LINK 🔹Retro 🔹Biswap 🔹Kujiro 🔹Mdex 🔹Tomb 🔹Ramses 🔹Honeyswap 🔹Uniswap 🔹Pancakeswap 🔹LFJ 🔹Pangolin 🔹Balancer 🔹Revenue and Staking ▪️ Since the beginning of February, Chainlink's revenue experienced a sharp decline followed by a notable recovery, rising from -0.015 to 0.06 Ethereum. Meanwhile, staking activity in 2025 has remained relatively stable at approximately 279,000 Ethereum, showing no significant fluctuations. Additionally, the increase in network fees highlights growing user engagement and heightened activity within the ecosystem. 🔹On-Chain Analysis of LINK ▪️ In the $18.48 to $19 price range, a significant number of LINK tokens are in loss, which could act as a resistance level. However, there is currently no substantial volume of coins in profit to establish strong on-chain support. ▪️ On a positive note, network activity is showing signs of recovery, with a rise in active and new addresses, reflecting increased user engagement. Additionally, 48% of LINK tokens are held by whales, a considerably higher percentage compared to other cryptocurrencies. This distribution makes price manipulation by whales more difficult, contributing to market stability. ▪️ From a supply and demand perspective, the recent price drop has led to increased demand from whales (addresses holding 10M–100M LINK), while retail investors have been selling. This redistribution of tokens from smaller holders to large investors could be interpreted as a bullish signal for the medium term. ✅ Now that we have reviewed the project, let's move on to the technical analysis of this coin 📅 Weekly Timeframe As observed, after the conclusion of the 2021 bull run, LINK entered a correction phase and dropped to a low of $5.85. Upon reaching this level, it formed a very clean Accumulation Zone with a floor at $5.85 and a ceiling at $9.77. 🔍 After oscillating within this zone for about a year, LINK finally broke out towards the end of 2023, coinciding with Bitcoin’s new all-time high near $70,000. This upward move was robust, but following Bitcoin’s correction to a low of $54,000, LINK also pulled back deeply to $9.77, where it stabilized. 📊 The volume has been in favor of the buyers, and as the upward trend concluded and a corrective leg began, the volume decreased significantly. Once the volume reached its lowest, a large bullish candle entered the market, pushing the price up to a high of $30.16. ⚡️ Currently, as Bitcoin ranges and corrects, LINK is also undergoing a correction. The RSI oscillator shows that LINK has dipped below the 50 area, but as long as it remains above 42.88, I still view LINK’s momentum as bullish. 🛒 For buying opportunities, risky purchases could be considered upon confirming a break of $30.16 or a more substantial breakout at the ATH of $51.30. However, if the price heads back towards $9.77 and breaks this support, it could indicate that the bullish momentum and trend have fully concluded, potentially leading to new lows. 📅 Daily Timeframe In the daily timeframe, let’s examine the price movement in more detail. There was an Accumulation Zone between $9.77 and $12.88. After breaking $12.88 and pulling back, the next bullish leg began, pushing the price up to $29.21—a significant resistance area where the price was rejected and entered a corrective phase. ✨ In the first corrective phase, the price moved down to the 0.382 Fibonacci level and, failing to set a new high beyond $29.21, broke lower beyond the 0.382 area. It is now at the 0.5 Fibonacci level. 🧩 Essentially, a price range box has been formed between the 0.5 and 0.382 Fibonacci levels. A break below this range could lead to further corrections, with the 0.618 Fibonacci level and the crucial $12.88 level as subsequent targets. If the price reaches $12.88, it would fully correct the entire bullish leg, signaling the end of the uptrend. 🔽 The critical trigger for entering a strong bearish momentum in this position would be a break below 34.49 in the RSI. If both this support and the 0.5 Fibonacci support are broken, it could lead to significant market panic. 👀 Conversely, if the price can rise above the 0.382 Fibonacci level and start a new bullish leg, breaking $29.21 could provide an excellent opportunity for a long position, even in spot markets. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
CRYPTOCAP:LINK
by tradecitypro
19
Alikze »» W | Formation of the Double Bottom pattern - 1D🔍 Technical analysis: Formation of a Double Bottom pattern in a descending channel 📣 BINANCE:WUSDT It is moving in a descending channel on the daily time frame. 🟢 In the Buyer Zone, by forming a Double Bottom and a candlestick pattern, it can continue its growth in the first step to the first supply zone. 🟢 If an inverted head and shoulders pattern is formed in the supply zone, it can continue its upward trend to the next supply zone. 🟢 Therefore, if the Buyer Zone is maintained, an upward trend in the form of a three-wave up to the 40 cent range is expected. »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. Thanks for your continued support.🙏 Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
3
TradeCityPro | CHZ: The Sports Enthusiast's Crypto Play👋 Welcome to TradeCityPro! In this analysis, I want to review the CHZ coin. Chiliz is a sports project within crypto that creates fan tokens for world-famous clubs. 🔍 For example, clubs like Atlético Madrid, Barcelona, Manchester City, Juventus, and others use this project to create their fan tokens, and fans of these teams can support their favorite team by purchasing these tokens. Currently, the CHZ coin has a market cap of $499 million and is ranked 122 on CoinMarketCap. 📅 Weekly Timeframe As you can see in the weekly timeframe, after the sharp price pump that occurred in 2021, the price reached the area of 0.6824. After reaching this area, the price changed direction and underwent a downward trend down to the support at 0.0499, experiencing more than a 90% decline. 🔽 In this downward trend, we observe a descending channel where the price has reacted well to both the channel’s ceiling and its floor. In the latest upward movement, as you can see, the price did not reach the bottom of the box, and if you notice, each time in the previous two upward and downward movements within this channel, the upward movements had more volume than the downward ones, indicating the buyers' strength. ⚡️ Currently, the most important support for this coin is at 0.0499, which is near this area. If this area is broken, we might witness a price drop to the channel's bottom or even to the next support area at 0.0192. 🚀 On the other hand, if this support can push the price back up and the price also breaks out of the downward channel, the channel's trigger area will be 0.1545, which is also a very important resistance. If this trigger is broken, we can say that the price’s upward trend will start, and the price can move towards higher targets. 💥 The price targets, if this trigger is activated, might be the area at 0.2837, which is very important, and the ATH area at 0.6824. 📅 Daily Timeframe Moving on to the daily timeframe, we can see more details of the price movement within the range box. ✨ As you observe, the price has had an upward trend up to the area of 0.1333 and hasn’t reached the top of the box, which itself indicates the weakness in the buyers' power. After changing direction, it engulfed 100% of the previous upward leg. ✅ Currently, there is a very important support area and a significant demand zone at the bottom of the box, where the price has entered, and we need to see how it will react to this area. I have marked this area on the chart for you. 🔑 We will confirm the change in direction and the onset of an upward price trend if the 0.0641 level is broken, which would activate a Double Bottom pattern. However, keep in mind that there is currently no Double Bottom, and if the price is supported from this range and moves upward again, a Double Bottom pattern would occur if the 0.0641 level is broken. 📈 So be careful not to preempt this pattern. The main triggers for buying are areas 0.1333 and 0.1659, which if broken, could see the price move towards the weekly targets I specified, such as 0.2837. However, if the supply area is broken and the trend turns downward, the price could move downwards, and the next downward leg could occur, with targets for this scenario also specified in the weekly timeframe. 📊 The volume of this coin in the daily timeframe, as you can see, does not display well and is not very good. For this reason, I am not going to lower timeframes to find futures triggers because coins with low volume and inaccurate volume data are not suitable for trading in futures. Therefore, I suggest not trading this coin in futures. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
10
TradeCityPro | HNT: Key Support & Potential Breakout Levels👋 Welcome to TradeCity Pro! In this analysis, I will review the HNT coin. This project is part of the Web & IoT sector and operates within the Solana ecosystem. 📅 Weekly Timeframe In the weekly timeframe, we can see a consolidation box that formed after a strong upward leg. The bottom of this box is at $3.007, while the top is at $9.696. 🔍 A curved trendline is also visible, which previously supported the price from $1.226 to $9.696. However, this trendline was broken, triggering a downward move. As a result, selling pressure increased, leading to a decline towards the bottom of the consolidation box. 🔽 Currently, the price is at a critical support level that could determine the trend for the coming months. If RSI stabilizes below 36.52, it would indicate strong bearish momentum, increasing the likelihood of a break below $3.007. ⚡️ If this support level is broken, the market structure will change, and the price could drop further to the $1.226 support level. 📈 If the price rebounds from this support and starts forming a bullish structure, the most important breakout trigger will be at $9.696. If this level is broken, the next upward leg could begin, with a target of $30.787. 📅 Daily Timeframe In the daily timeframe, we can observe the latest price movement in greater detail. 💥 After reaching the $9.210 resistance and facing rejection, bearish momentum intensified, causing the price to decline sharply in a waterfall pattern, dropping to $3.177. 🔑 In waterfall declines, a trendline usually forms, and breaking this trendline typically ends the move, leading to a range-bound phase. Therefore, if the price breaks this trendline, I expect the downward leg to end. Confirmation could also come from RSI breaking above 43.18. 📉 For short positions, an entry can be considered if the $3.177 support breaks. If this happens, stronger bearish momentum could push the price toward the $2.104 support level. However, I believe that if the price ranges and consolidates above $3.177 before breaking down, the short setup would be more reliable. 🔼 For long positions, no clear structure has formed yet. We need to wait for price action to develop and provide valid entry triggers.The first potential trigger is at $4.220, followed by $5.474.However, these levels could shift if a new price structure forms, so I recommend waiting for updated triggers before entering a long position. 📊 Market volume analysis shows that selling volume dominates, with large red candles exceeding the size of green candles during corrections. This suggests that sellers currently control the market momentum. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
6
TradeCityPro | EOS: Navigating the Downtrend & Key Support Level👋 Welcome to TradeCity Pro! In this analysis, I will review the EOS coin. This project is one of the Web3 initiatives and currently holds the 76th position in market capitalization with a market cap of $941 million. 📅 Weekly Timeframe In this timeframe, EOS is clearly in a descending channel, showing a significant divergence from Bitcoin’s trend. While Bitcoin has reached new all-time highs and continues forming higher highs, EOS remains in a long-term downtrend, printing lower lows within the channel. 🔍Following Bitcoin's breakout above 70,000, EOS rebounded from its 0.4143 low with strong buying volume, breaking the channel’s upper boundary. However, it faced rejection at the 1.31002 trigger level and has since retraced to 0.5514 as Bitcoin enters a consolidation phase. ✨ The 0.5514 zone overlaps with the channel’s midline, forming a Potential Reversal Zone (PRZ) that could temporarily prevent further decline. However, with increasing selling volume, EOS might continue lower after some ranging, potentially testing the channel’s bottom. The main support stands at 0.4143, though dynamic supports could provide better stability. 🔼 On the flip side, if EOS holds above 0.4143 and forms a higher low, there’s a possibility of trend reversal. The first real confirmation of a trend change would be breaking 1.31002, but the key level for confirming a shift to bullish momentum is 1.8695. Until that level is broken, the overall trend remains bearish. If a reversal occurs, the primary resistance would be at 6.5875. 💥 RSI currently lacks a clear trigger for momentum shifts, but entering overbought or oversold regions could serve as signals. 📅 Daily Timeframe On the daily chart, EOS continues its corrective phase. After losing the Fibonacci support at 0.7599, the price has declined to 0.5959. ⚡️ This level overlaps with the 0.707 Fibonacci retracement, making it a critical support area that could prevent further downside. Right now, waiting for a new market structure is crucial for identifying better trade triggers. 🔽 For a short position, the first trigger is 0.5959, while a more secure entry would be below 0.5334, which coincides with the 0.786 Fibonacci level. If this area breaks, the price could fall to 0.4150. ✔️ For a long position, no strong trigger is available yet. A more conservative approach would be to wait for a higher high or a breakout above 0.7599 before entering with momentum. 🧩 RSI is nearing the 30 support zone, and if it breaks lower, it would confirm increasing bearish momentum. For a long position, breaking above 50 on RSI would indicate a bullish shift. ⌛️ 4-Hour Timeframe Moving to the 4-hour chart, we can pinpoint intraday triggers for futures trading. A minor high and low have formed, providing potential riskier trade setups. 📈 For a long position, the first trigger is 0.6460, a high-risk entry as it aligns with the 0.382 Fibonacci retracement. If broken, the price could extend to the 0.1618 Fibonacci level, with a target at 0.7188. 💫 Key resistances for futures trades are at 0.8193 and 0.9374. Reaching these targets would be more likely if RSI surpasses 44.73 and approaches the overbought zone. 🕯 Currently, market volume is decreasing during this corrective phase, indicating volume convergence with the downtrend. A break below 0.5806 could trigger a short entry, with RSI entering the oversold zone, confirming further bearish momentum. Targets for this short position would align with support levels from the daily and weekly timeframes. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
8
(ENS) ethereum name service - "year of the dragon"The year of the dragon belonged to none other than Ethereum Name Service (ENS). Based on the looks of the chart the graph moved like a dragon and is shaped like a dragon so that is why I am giving ENS the award of the crypto of the year, crypto of 'The Year of The Dragon." What will 2025 unfold. This award is not an award for the best cryptocurrency in cryptocurrency so much as an award in correlation with the fragments and pieces of social culture and the activities people tend to follow and carry with them through their days, months, and even years.
COINBASE:ENSUSD
by CryptocurrencyBlot
Alikze »» INJ | Bullish Diamond Pattern - 1D🔍 Technical analysis: Bullish Diamond Pattern on Daily Timeframe, Sideway Price Movement 📣 BINANCE:INJUSDT In the analysis presented in the 12-hour timeframe , it was noted that the INJ currency is moving in an ascending channel. 🟢 After reaching the $25 area, the price corrected, which extended to the green box area, and then in the green box area, with demand, the price advanced to the supply area. 🟢 Currently, in the daily timeframe, the price corrected with a zigzag correction to the Fibonacci 1.618 area after reaching the supply area and the ceiling of the ascending channel. 💎 After that, the price had a sideways movement and has now formed an ascending diamond pattern. 💎 Therefore, we expect the price to continue its growth again in accordance with the movement path to the supply area before the $35 area. 🔔It should also be noted that if the price breaks the Fibonacci 1.618 area, the bullish scenario will be invalid and must be reviewed and updated again. »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. Thanks for your continued support.🙏 Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
TradeCityPro | LINK: Key Support and Resistance Analysis👋 Welcome to TradeCity Pro! In this analysis, I will review the LINK token. Chainlink is one of the notable Web3 projects in crypto and ranks 14th in terms of Total Value Locked (TVL). ⏳ 4-Hour Timeframe: Break Below the Range? In this timeframe, after the price reached the ceiling at $30.51, lower highs were recorded, and the price repeatedly tested the $19.98 support. Currently, the price has managed to close below this level on the 4-hour timeframe. 🔍 If the price establishes a lower high and a lower low below $19.98, it will confirm a trend reversal for this token. In this scenario, the price could potentially drop to $16.35. Breaking below 24.87 on RSI and continuing the increasing bearish volume could result in a sharp decline to the $16.35 zone. If this level is broken, the next support will be at $14.08. 📰 The current decline was primarily triggered by positive news for the US dollar a few days ago, which significantly impacted the market, leading to notable drops in many altcoins. If we consider this news to have only a short-term effect, there is a possibility that altcoins might fake out their support levels. Therefore, it’s advisable to identify a long trigger as well. 📈 If the $19.98 support proves to be a fakeout, a position could be opened based on the structure formed in lower timeframes. For the main long trigger, the first level to watch is a break above $25.45, which is the initial trigger. The next trigger is $30.51, the current ceiling of this trend. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
9
TradeCityPro | SAND: Analyzing the Key Support & Resistances👋 Welcome to TradeCity Pro! In this analysis, I will review the SAND coin. The Sandbox project is one of the largest metaverse projects in crypto, and during the previous bull run, it received significant attention from market participants. Recently, with Bitcoin’s latest upward move, SAND experienced a growth of nearly 300%. 📅 Daily Timeframe: Corrections and Key Supports As mentioned, the daily timeframe shows a strong upward trend, which extended up to $0.9327. After reaching this level with significant volume, the price entered a corrective phase. 🔍 Currently, the price has corrected to the $0.5414 level, a critical support zone overlapping with the 0.5 Fibonacci level. This creates an important support range between the 0.5 and 0.618 Fibonacci levels. It appears the price is forming a base in this area to potentially regain bullish momentum and start the next leg upward. However, the possibility of a trend reversal and further decline also exists. 📊 In recent candles, buying volume in the market increased. However, with the release of yesterday’s news favoring the US dollar, nearly all assets, including US stocks and crypto, experienced declines. SAND also followed this trend with a red daily candle, engulfing the previous bullish candle. 🧩 It’s possible for the market to form a range box between $0.5414 and $0.6983, setting up a new bullish or bearish structure. Given SAND’s recent 300% growth, the likelihood of forming a bullish structure is higher. However, this is only a possibility, and we need to wait for the market to establish a new structure. ✨ The RSI oscillator is also within a box between 41.60 and 61.04. Breaking either of these levels could introduce momentum into the market. Overall, the current market volume still favors buyers. 📈 Long Positions: The first trigger for a long position is $0.6983, which is considered a risky trigger. However, the rejection candle from yesterday adds importance to this level. The main trigger is $0.93277, which is the major price ceiling. If this level is broken, the next resistance will be at $1.4155. 📉 Short Positions: The first support zone is the range between 0.5 and 0.618 Fibonacci levels, as marked. If this zone breaks, the price could see the next corrective leg down to $0.4042. If this level is broken, it would suggest the bullish trend has ended, with subsequent targets at $0.3068 and $0.2342. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
6
TradeCityPro | ANKR: Weekly Long-Term Box and Gradual Channel👋 Welcome to TradeCityPro! In this analysis, I will examine the ANKR coin, which is part of the infrastructure for Web3 and other blockchain projects, with significant partners like Binance and Polygon. 📅 Weekly Timeframe: Long-Term Box with a Slight Incline Channel I will perform this analysis mainly using Fibonacci levels to identify crucial areas. In this timeframe, we can see the price movement from the previous alt season, which had significant growth followed by a decline after breaking the 0.236 Fibonacci level, correcting down to the 0.5 Fibonacci level. 🔍 The support at $0.01728, which coincides with this Fibonacci level, is currently the most crucial support on this chart. Since the price bottomed out in this area, we have seen a very gently sloping upward channel that has reacted three times and had one fake break above the ceiling before returning to the box. 📊 Given the greater ratio of buying to selling volume, I see a higher likelihood of the channel breaking upwards and the price increasing. The RSI has also risen from the 50 level, which could generate bullish momentum. The current main ceiling appears to be $0.06131, which coincides with the 0.236 Fibonacci level and represents a strong resistance. 📈 If the price rises and breaks through $0.06131, the next resistance will be at $0.19012, which is the all-time high (ATH) for the price. I will determine higher targets using Fibonacci extensions. 🔽 In a bearish scenario, the first support is the dynamic floor of the channel. If this support breaks, the primary supports at $0.02223 and $0.01728 are very important levels, and reaching any of these supports could introduce bullish momentum into the market and prevent further declines. If these supports break, the next support will be at the 0.618 Fibonacci level. ✨ Moving on to finding targets based on Fibonacci, as you've seen, the price has corrected to the 0.5 Fibonacci retracement and has good momentum for continuing the upward move. According to Fibonacci rules, when a price corrects to 0.5, the likelihood of moving to the previous high with a break increases. 🧩 The previous price peak is at $0.19418, which coincides with the 0.5 Fibonacci extension. From a market cap perspective, this coin's price could move up to $0.34361. Therefore, we can consider logical targets between $0.19418 and $0.34361. Although the target box size is large and nearly 100% different, this is a weekly trend, and this target is approximate; we must wait for the price reaction to this range to find a more precise target. 🚀 I believe this range is a logical target for this coin, but if the market cap of the project increases and it becomes one of the more significant cryptocurrencies, the price could potentially move to the 1 or even 1.272 Fibonacci points. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
19
TradeCityPro | ENS : Navigating Critical Levels👋 Welcome to TradeCityPro! In this analysis, I’ll evaluate ENS across the daily and 4-hour timeframes. This Web3 project offers an innovative service allowing users to purchase wallet domains, making it a standout in its sector. 📅 Daily Timeframe: Pullback to the Critical Zone On the daily timeframe, ENS has been trading within a broad range since early 2024, oscillating between $12.44 and $32. Despite the large range and significant price volatility, the market hasn’t established a clear trend, repeatedly moving from the bottom to the top of this box. 📈 Recently, alongside Bitcoin’s ATH breakout, ENS broke through the $20.92 resistance, which marked the Medium Wave Cycle resistance. This breakout introduced strong bullish momentum, leading to the price surpassing the $32 resistance as well. After breaking this level, the price retraced to $32 for a pullback and is now preparing for another upward movement. ✨ The next significant resistance for ENS is $47.96, a level previously tested once before. Currently, the price is approaching this zone for a second test. Despite the negative divergence observed in the RSI and trading volume, this is typical in high-momentum uptrends. A successful breakout of $47.96 could propel the price toward the ATH at $77.99. 🔽 In case of a pullback, the $32 zone remains critical support, already tested once. For deeper corrections, the $20.92 level is the next important zone, and losing this level would entirely erode the bullish momentum, pushing the price toward $15.83 and potentially $12.44. ✅ The range between $12.44 and $15.83 represents a key demand zone, which could act as a significant barrier against further declines. For deeper corrections, the first RSI trigger would be a breakdown below 54.66. ⏳ 4-Hour Timeframe: Futures Triggers In the 4-hour timeframe, I’ll focus specifically on futures triggers, as the main scenarios were detailed in the daily timeframe. 🔼 A breakout above $48.59 provides a suitable long entry. Defining precise targets in advance is challenging, as potential targets come from historical price levels. It’s better to wait for the price to establish a new structure and use that to identify subsequent resistance levels. 📉 A breakdown below $40.96 is a highly risky short entry, with low confidence in hitting the target. However, if a deep correction begins, this trigger could yield significant profits.Additional support levels include $32.86, $25.65, and $21.36. Breaking each of these could activate further short triggers, but for now, all short setups carry significant risk, as the market hasn’t confirmed a trend reversal. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Long
by tradecitypro
15
The Road to $66 for STXUSDT (Stacks)$STXUSD has now beautifully broken out of the triangle after an impressive textbook correction at the 0.618 Fibonacci retracement. This type of correction is a typical feature of wave 2 in an Elliot wave count, which indicates that $STXUSDT is now ready to embark on its third impulsive wave, often referred to as the most explosive one. Considering the increasing volume, an explosive surge in the number of transactions on the network, and the oscillators, we can expect a swift development in the price towards the following resistance levels: — 0.57 — 1.06 — 2.85 — 5.96 — 8.16 — 13.17. #stxusdt #stxusd #BNS #DeFi #BitcoinNFTs #Stacks
Long
by joerivdpol
20
AVALANCHE — 2024-5Avalanche is a blockchain ( CRYPTOCAP:AVAX ) platform that offers tools and features that allow users to launch DeFi decentralized applications. The platform also has a suite of tools for creating financial assets and enables trading and the building of enterprise-scale financial solutions. Etna: Enhancing the Sovereignty of Avalanche L1 Networks A release for the latest upgrade to the Avalanche Network, dubbed the “Etna” upgrade, was published for activation on Avalanche Mainnet scheduled for 12 PM ET (5 PM UTC), December 16, 2024 . This proposed upgrade consists of Avalanche Community Proposals (ACPs) Reinventing Subnets, Add Dynamic Fees to the P-Chain, Warp Signature Interface Standard, Reduce C-Chain minimum base fee from 25 nAVAX to 1 nAVAX, Activate Cancun EIPs on C-Chain and Subnet-EVM chains, and Use current block P-Chain height as context for state verification. The pre-released code version was successfully activated on the Fuji Test Network at 11 AM ET (4 PM UTC), November 25, 2024.
Long
by maxty
How polkadot Version 2.0 Will Eliminate CompetitorsWhy Polkadot is the Best Blockchain and How Version 2.0 Will Eliminate Competitors As blockchain technology evolves and numerous networks emerge, the need for a system that can connect and optimize collaboration between them becomes increasingly essential. Polkadot is one of the most advanced and promising blockchain projects, aiming to create an internet of blockchains. With the release of its second version, Polkadot is expected to solidify its position as the best blockchain and outperform many of its competitors. In this article, we’ll explore why Polkadot is the best blockchain and how its Version 2.0 will eliminate rival networks. 1. Multichain Architecture Polkadot's unique architecture allows different blockchains to work in parallel. This feature significantly reduces scalability and transaction speed issues that plague traditional blockchains like Ethereum and Bitcoin. How Version 2.0 Improves This Architecture In Polkadot 2.0, the focus is on optimizing cross-chain communications and increasing both vertical and horizontal scalability. This not only boosts transaction capacity but also enables more chains to interact seamlessly while maintaining their independent functionality. 2. Interoperability One of the biggest challenges for traditional blockchains is the lack of interoperability, or the ability to exchange data and value across different networks. Polkadot solves this problem with its Relay Chain, which facilitates communication and data exchange between different chains. Improvements in Version 2.0 Polkadot 2.0 will introduce new protocols for faster and more secure cross-chain communication. This advancement will render many standalone blockchains obsolete, driving developers and users towards Polkadot. 3. Shared Security One of Polkadot’s key advantages is its shared security model, allowing connected chains to benefit from the overall security of the network without needing to establish separate security mechanisms. Enhanced Security in Version 2.0 Version 2.0 will implement new consensus algorithms and increase the number of active nodes, significantly enhancing the network's security. This will make it difficult for competing blockchains with weaker security models to remain competitive. 4. Advanced Governance While many blockchains struggle with governance and decision-making, Polkadot offers a flexible and dynamic governance system that allows users and developers to actively participate in managing and developing the network. Governance in Version 2.0 Polkadot 2.0 will introduce a model of instant and decentralized governance, enabling rapid decision-making with the participation of all stakeholders. This makes Polkadot highly dynamic and efficient, outpacing competitors in terms of adaptability and governance. 5. Strong Community and Ecosystem Polkadot is not just a powerful technology but also hosts a large and active ecosystem of developers, startups, and various projects. This ecosystem is continuously growing, and the release of Version 2.0 will accelerate this growth. Conclusion: Why Polkadot Will Eliminate Competitors Polkadot 2.0, with its focus on high scalability, fast cross-chain communication, enhanced security, and dynamic governance, will far surpass existing blockchains. Many projects currently operating on other networks will likely migrate to Polkadot due to the limitations of their current platforms. With these advantages, Polkadot is well-positioned to become the default blockchain for next-generation projects and will likely push many of today’s competitors out of the market. good luck
Long
by mehdi_kb
2
THE GRAPH — 2024-5JSE:GRT is an open-source protocol that enables efficient indexing and querying on blockchains. Ethereum, Solana, Polygon are just a few of the 70+ chains on chains available to query on The Graph Network, and more are being added every month. Often called the “Google for blockchains,” The Graph allows developers to retrieve data from blockchains without relying on centralized servers or traditional databases. It also removes the need to self-host expensive data servers or rely on a full-time data team. This indexing capability is crucial for decentralized applications (dapps) to operate smoothly, as data needs to be accessible in real-time to offer users a seamless experience. The Graph is pioneering a new data standard for web3 with GRC-20, a proposed common language for data across web3. Just as ERC-20 standardized value on Ethereum, GRC-20 will standardize data, information & knowledge and bring web3 to life.
Long
by maxty
3