Catch the Wave: RNDR/USDT Analysis & Potential $50 Target
Elliott Wave Count Insight
CRYPTOCAP:RNDR is currently showing signs of forming an Elliott Wave pattern, suggesting a potential correction in the near future. Our analysis indicates that there might be further correction ahead.
Previous Analysis Recap
In our last analysis when #RNDR was around $10, we...
ETH : Bullish possible - SHARK detected
A harmonic pattern named "SHARK" has been deteted.
These patterns are used especially by ALL the professional traders, Hedge funds, banks etc...
The Potential Reversal Zone ( PRZ) has been reached ( white rectangle).
Then the price can go to the targets mentionened on the graph : 3 305 - 3 425 - 3 620$
However the...
Bitcoin Update: Key Alert!
Quick Analysis:
As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend.
Current Status:
Bearish Outlook: Bitcoin's...
Crypto Market Update: Bitcoin Dominance & Altcoin Season
- MIL:BTC Dominance: Bitcoin's market share is near a 3-year high. Remember, a rise in CRYPTOCAP:BTC.D means more market cap is going to Bitcoin instead of altcoins.
- Altcoin Opportunity: The best setup for altcoin growth is when MIL:BTC price rises but CRYPTOCAP:BTC.D falls. This means money is...
The price of Ethereum’s Ether
ETHUSD
is up today, rising 3.5% to reach over $3,630 on March 31. ETH price is now up 18.75% from its local low of around $3,050, established over a week ago.
Capital rotation into Ether market
Ether's ongoing rise versus the U.S. dollar coincides with its equally strong gains against Bitcoin
BTCUSD
.
Notably, the widely-tracked...
Uniswap (UNI) Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals
Uniswap (UNI) is the governance token for Uniswap, the largest decentralized exchange (DEX) on the Ethereum blockchain.
Launched in November 2018, Uniswap allows users to trade cryptocurrencies directly with each other without a middleman through an automated system called an automated...
The crypto market has run up rapidly in the last couple of months. Charts suggest that the rally is yet to be completed.
The total crypto market dipped by just 20% since mid-march. Briefly slipped below the 21 SMA and has retained the 10 and 21 SMA. The volume Weighed Avg Price has been acting as support which is also a good sign.
The big red candles are...
The Sandbox (SAND) Coin: Fundamentals and Recent News (as of March 27, 2024)
What is SAND?
SAND is the utility token that powers The Sandbox, a popular metaverse game built on the Ethereum blockchain. The Sandbox is a play-to-earn (P2E) game, where users can buy virtual land, create gaming experiences, and monetize their creations.
Key Points:
Utility Token:...
Milady Meme Coin (LADYS) - Fundamental Analysis and Recent News (as of March 25, 2024)
Disclaimer: I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
Fundamental Analysis:
Type: Meme Coin (built on the Ethereum and Arbitrum blockchains)
Current Price: ~$0.000013 (source:...
Grok Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals:
Grok (GROK) appears to exist in two versions: one on the Ethereum blockchain (GROK-ERC) and another on Binance Smart Chain (GROK-BSC).
GROK-ERC has a much higher current price (around $0.017) compared to GROK-BSC (around $0.0000002).
GROK-ERC also has a higher market cap ($109 million) compared to...
The interplay between the Wyckoff Cycle and Altcoin Season can offer valuable insights into market movements. The TOTAL 3 chart, which tracks the market cap of cryptocurrencies excluding Bitcoin and Ethereum, serves as an indicator of the market's interest in altcoins. An upward trend in this chart, coupled with a decline in BTC Dominance, can signal the advent...
Ether.fi (ETHFI) in a Nutshell:
Foundamentals:
Decentralized Staking: Ether.fi is a decentralized staking platform for Ethereum (ETH) that uses Proof-of-Stake (PoS) consensus.
Liquid Staking: Users stake ETH and receive eETH, a liquid staking token representing their staked ETH. This allows users to participate in DeFi activities while their ETH is...
🐳#FXS (x32.5556)
🌀7.3720 USDT
💵240 USDT
The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money...
## Ron (RON) Coin: A Quick Summary (as of March 23, 2024)
**What is Ron?**
Ron (RON) is the native cryptocurrency of the Ronin blockchain, a platform specifically designed for play-to-earn games. The most popular game built on Ronin is Axie Infinity, a monster-battling game with a thriving in-game economy.
**Key Points:**
* **Blockchain for Gamers:** Built on...
