Don't forget that we are in a bear market. It is still quite possible to see a target of $1,3 if bitcoin falls sharply below $15K. Until the end of this year and at the beginning of the next one, there is no need to have excessive optimism about RMRK. At the end of the year, the land sale phase will only end. The project is still at a very early stage and the...
Usually, when the price falls lower, demand increases, which pushes the price higher. But this does not apply to the descending triangle. Because when the price drops lower, there is no buying pressure. Instead, sellers are willing to sell at even lower prices (which is why we get a series of lower highs). Also below the support level stop orders are grouped by...
We have reached the bottom. The global ascending channel is broken. The process of formation of the final trend change will last 1-2 months. Even if we go deeper down, this is not a reason not to buy now, as the downside break will not be huge. Maximum 20%. So, now is the best time to invest in crypto based on the cyclical nature of this market.
Who even uses it? This is the question users ask when they call Solana’s blockchain manager after lunch. Just don't buy it. This is broken.
Just one of the many assets that touched the upper line of the descending channel. It seems that we are expecting a downward rebound, since such formations do not break through the first time. At a minimum, we need time to consolidate. It will be very strange if we break the descending channel so early. The capitulation has not yet come. Everything is highly suspicious.
FTM is at the bottom of the global ascending channel. If there is a breakdown and retest, then the price will go to the levels of 2020. At a time when Andre Cronje may not have even thought about making million on DeFi during the 2021 bull cycle.
LINK broke long-term ascending channel. At the moment, a symmetrical triangle is being formed, whose target, upon breakdown down, practically coincides with the potential target after the breakdown of the ascending channel.
Here I want to point you to the emerging lending and borrowing protocol on Moonriver chain. TVL is $82 million. The protocol has a governance token called MFAM. Take a closer look.
We are probably moving towards this price. Perhaps even lower. What do you think, will the capitulations of those who believe in the metaverse furiously begin against the backdrop of the general hype about a year ago? If they start, then we will definitely fall below $2. But, it also depends on a mathematical algorithm called bitcoin. In any case, the price...
The breaking of the ascending channel and the formation of the death cross indicates at least new annual lows set in June at $2.66
Experiment failed. Smart contracts won't help. Slow death.
The trend is your friend - says the well-known saying! We see a clean descending triangle with a $67 target. Also supporting this scenario is the recently formed "death cross" due to the crossover of the moving averages. But! I don't believe it... Because the ecosystem is highly developed. There is no reason to sell. Only centralization. So let's check what...
Please be extremely careful! In addition to the mining that has begun, the centralization of the network is colossal! 83.2% of prefarm is on 2 wallets!
The situation is ambiguous. It is likely that the bottom of the market is forming at the moment. Those who are waiting for a fall may not see it. On the other hand, it seems that there has not yet been a complete capitulation... But! Ask yourself, is it possible to draw a parallel with 2019 and earlier? It's definitely hard to say. At the moment, ecosystems are...
It seems that every asset forms a downward channel and will form its breakdown within six months. MOVR looks like an attractive investment.
it seems we can find a new bottom. If this happens, it will be a complete capitulation. Be prepared mentally and psychologically. This scenario may not come true... In any case, the bottom of the market is close. Stay strong, frens.
The price has exited the descending channel. According to information from the social networks of the project, release of the game is scheduled for late 2022.
The market must experience complete disappointment. Looks like we'll be here for a while...