Get started

Crypto market

Whales Return to Quant: Are We Seeing a Market Revival?Whales Return to Quant: Are We Seeing a Market Revival? Qunat price DAA divergence metrics highlights a positive divergence in the recent sessions. Whales have accumulated significantly 0.5% of the total supply indicating large players' comeback. Quant price made a strong rebound from the lows indicating a buyers comeback. At the time of writing, Quant was exchanging hands close to $68.23 recording an impressive 13.5% jump in intraday. Moreover, this bounce has added some relief to the Quant investors who were in a state of extreme fear due the price drop and panic in the broader markets. Earlier, Quant had been in a correction phase for the last couple of months which may be flipped and the price may head for a recovery. In tandem with price rebound from the lows the analysts have noted a significant shift in the on-chain metrics which could further enhance the price. Whales Are Back To Buying: Analysts Though the Quant price has reacted bullish in the last couple of sessions and has jumped nearly 20%. However, the analysts noted a significant activity in Quant right from the start of September i.e. a week ago. As per the analysts, the top addresses also known as whales have started to accumulate Quant near the lows. Whales are the players with more capital and more resources, hence they tend to be on the right side of the trend for the most of the time. As on 1st September 2024, the whales were holding nearly 24.08% of the total supply which has increased to 24.58% as of now. The whales have accumulated nearly 0.5% i.e. 74.4K QNT tokens in a week. Furthermore, as per the data obtained by an on-chain analytics website app.santiment.net, there has been a development of positive divergence between QNT price and DAA (Daily active addresses. The price DAA divergence is a metric which reflects the change in the bullish or bearish divergence created between the price and daily active address. A bullish divergence indicates the buyers comeback at the lower levels which could trigger a recovery in the crypto. Is Quant Preparing For A Bull Run In September? From the daily chart it is evident that QNT has been suffering a correction phase since March with sellers leading the trend. However, the scenario may flip as the buyers as well as the large players seemed to be accumulating in the recent sessions. Looking precisely over the price pattern, a consolidation may be observed in the last couple of weeks with bulls leading close to $50 level whereas the bears have established themselves near the $70 level. A strong buying in the last couple of sessions highlights the buyers intention for a breakout. Now, a sustained breakout above the $70 level may validate a bullish reversal in the short term creating a potential run towards the 200 day EMA. The long term view may shift to bullish if the price conquers 200 day EMA and sustains above it. However, it requires more buying volume to break the recent supply of $84 level at 200 day EMA. Also, the buyer's failure to make a reversal may invite sellers at the higher levels and the price may head towards the August lows. The technical indicators suggest a bullish continuation in the short term.
CRYPTO:QNTUSDLong
by Ritika_TCR
Is STXUSDT About to Explode or Collapse?Yello Paradisers! Could we be on the verge of a major breakout for STXUSDT, or are we staring down a potential breakdown? Let’s dive into the details so you don’t miss out on this crucial moment! 💎STXUSDT has formed a descending channel, and right now, the price is sitting near a key support zone. This combination significantly raises the odds of a bullish move. 💎What we’re looking for is a Change of Character (CHoCH) in the lower time frame from this support zone. If that happens, the probability of a rally increases further, as it suggests a potential double-bottom pattern could be forming. 💎If we see a rise from this level followed by a breakout and a candle closing above the resistance zone, that will confirm the bullish bias. After the formation of a W pattern or a consolidation phase, the odds of a stronger upward move become even higher. 💎However, stay alert. If the price breaks down and we get a candle closing below the support zone, it will invalidate this setup completely. 🎖 As always, discipline is key, Paradisers. Be patient and wait for confirmation. Trading smart and sticking to high-probability setups is how you make it long-term in this game. Stay focused, stay disciplined! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
OP Swing Long Market Structure Shift Analysis - OP is currently trading at 1.4$ - OP is also carrying the best structure when it comes to Altcoins - It's back to its previous yearly base where we saw the expansionary move from - It's going to be very important to see whether OP fades away and falls below this zone or maintains its yearly area of interest - Market Structure Shift will lead to a Parabollic rally in OP - If you are interested in SPOT then 1-1.4$ can be a very good range to accumulate OP
Long
by VKtradesimbalance
Artificial Superintelligence AllianceArtificial Superintelligence Alliance (ASI) Artificial Superintelligence Alliance is formed from the collaboration of three individual AI tokens Fetch.ai, SingularityNet and Ocean Protocol. It is a platform that combines AI, machine learning and blockchain technology to create a decentralized network. It has a live market capitalization of $2.70 Billion and ranks 27th in the cryptoverse. As evident from the daily chart, the long term trend outlook is bearish with some demand in the short term. The bulls are attempting for a recovery in the short term as the price has taken a rebound from the lower levels. The bears on the higher side have established their presence near the key 200 days EMA. Now, a sustained move above the 200 day EMA at $1.38 would mark the end of a correction phase. At the time of writing, Both the RSI line and 14 day SMA line were placed in the upper half i.e. above the mean line suggesting a positive outlook in the short term.
CRYPTO:FETUSDLong
by Ritika_TCR
Internet Computer (ICP)Internet Computer (ICP) Internet Computer runs on special computing devices known as "node machines". It can be used to create online systems or services without the need of traditional IT. With a market capitalization of $3.34 Billion, it ranks 2nd among the AI tokens and 23rd in the crypto space. Internet computer highlights a consolidation for the last one week near the demand zone. The price lags below all the key exponential moving averages indicating a prevailing bearish trend. Now, a breakout of the consolidation may indicate the end of a correction phase whereas a breakdown of the consolidation may suggest a bearish continuation. The trading volume has surged by nearly 3.8% to $65.8 Million a day. Also, the volume to market cap ratio at 2.26% suggests low volatility.
CRYPTO:ICPUSDLong
by Ritika_TCR
NEAR Protocol (NEAR)NEAR Protocol (NEAR) NEAR Protocol is the leading Artificial Intelligence cryptocurrency with a market capitalization of $4.09 Billion. It is a layer one blockchain that uses Nightshade technology to improve transaction throughput massively. It was designed to eliminate blockchain limitations like low transaction speed, low throughput and poor interoperability. Moreover, the daily chart highlights the formation of a declining parallel channel pattern with NEAR price hovering close to the lower boundary of the channel. The transaction volume has surged by 32.1% to $190.96 Million a day suggesting a heightened demand. The long term trend outlook is bearish at the moment. However, the price hovers near the demand zone of $3.5 level from where some short term buying may be triggered. Also, the price hovers near the lower boundary of the channel from where a short term buying is likely. On the higher side, the 50 day EMA at $4.45 may act as a hurdle for the buyers if a recovery triggers from the low.
CRYPTO:NEARUSDLong
by Ritika_TCR
MAGA (MAGA)MAGA (MAGA) MAGA (MAGA) token which is inspired by Donald Trump's campaign slogan, is not too far from the top list. with a live market capitalization of 37.37 Million, it ranks third among all the politiFi tokens. Launched in May 2024, it is a relatively new token presenting both the opportunities and risk for the investors. The price action analysis highlights that MAGA (MAGA) witnessed an immense surge in May just after the launch. However, the last couple of months have observed a correction which took the price down 87% from its All time high. Despite this, MAGA (MAGA) stands at nearly 1095.1% higher than its All time low value. The recent price analysis indicates that the correction phase may end if the price surpasses the recent supply of $0.00012 level and the token price may skyrocket again
MLong
by Ritika_TCR
MAGA (TRUMP)MAGA (TRUMP) MAGA (TRUMP) token which is associated with the U.S. Presidential candidate Donald Trump also remains in the top poliFi tokens. A $129.647 Million market cap makes it the 2nd largest politiFi token and 271st token in the crypto space. At the time of writing, MAGA (TRUMP) was exchanging hands close to $3.20 recording a slight 0.46% positive gain in Intraday. The daily chart highlights a consolidation in the last couple of weeks with support at $2.4 and $5.2 level as resistance. Now, a sustained move above the $5.2 level may validate a bullish reversal and the price may show gains of nearly 40% to reach the next supply of $7.5 level. On the other hand, if the selling pressure exceeds and the price breaks on the lower side, it may result in a bearish continuation towards the psychological $2 level.
Long
by Ritika_TCR
ConstitutionDAO (PEOPLE)ConstitutionDAO (PEOPLE) ConstitutionDAO is the top PolitiFi tokens by Market capitalization. It ranks at 156th with a live market capitalization of $264.39. The token was launched in 2021 to purchase an original copy of the United States constitution. It has maintained its relevance despite not achieving its goal. PEOPLE price saw a significant surge in the 1st half of 2024. However, the token price headed towards a correction phase in the 2nd half i.e. after June 2024. Despite all the ups and downs, PEOPLE token stands at an impressive 308.77% gains on a year to date basis. As evident from the technical PEOPLE/USDT chart over daily timeframe, the token has suffered a correction phase since July 2024. The daily chart highlights the formation of a descending triangle pattern with the price headed towards the support zone at the moment. Now, PEOPLE price may continue to maintain a sideways trend until it is stuck in between the upper and lower boundaries of the pattern. A breakout or breakdown on either side could clarify the next possible trend.
CRYPTO:PEOPLEUSDLong
by Ritika_TCR
Bitcoin BTCUSD sell given at 63000 our Target 54000 hit Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3-  (T3 : 127.2 %) Target 4-  (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hit
COINBASE:BTCUSDShort
by JaiPrakashShuklaHarmonicTrader
[Bitcoin] Expecting a Technical Rebound (9/7)Hello, this is Chartist. Bitcoin has been in a continuous downtrend since reaching the $65,000 level, without any significant rebound. Currently, it has declined by around 19% from its previous high, forming a bottom around the $52,500 level. The Crypto Fear and Greed Index has remained in the "extreme fear" range at 22-23 over the past two days, highlighting heightened market anxiety. Now, the key question is whether Bitcoin can stage a rebound from this point. Based on the current technical indicators, I believe there is potential for a recovery. Let’s take a look at the analysis. < Chart Analysis > I’ve used RSI, CCI, and Stochastic indicators on this chart, and all three are showing positive signals after exiting oversold conditions. 1. RSI(Relative Strength Index) : An indicator measuring buying pressure. Currently recovering from oversold levels, signaling a possible price rebound. 2. CCI(Commodity Channel Index) : Used to identify overbought and oversold conditions. It’s moving out of the oversold zone, which indicates upward momentum. 3. Stochastic : A short-term indicator that predicts price reversals. It’s recovering from the oversold region, further suggesting the likelihood of a technical rebound. Typically, when these indicators show recovery, the price tends to move toward the middle line of the Bollinger Bands (the red line on the chart). However, since this middle line could serve as resistance, it’s crucial to monitor how the price reacts upon reaching it. < Summary > 1. Bitcoin has dropped from $65,000, establishing a bottom around $52,500. 2. Technical indicators such as RSI, CCI, and Stochastic are all signaling recovery from oversold conditions, indicating a potential rebound. 3. It will be important to watch if the middle line of the Bollinger Bands acts as a resistance level during this rebound. Best of luck with your investments! ※ This is not a buy or sell recommendation. ※ It is a personal perspective and should be used for reference only. ※ All decisions and responsibilities are yours.
Long
by Holy_Chartist
Ethereum Swing Long Setup - Ethereum is currently Trading at 2278$ - We have seen Ethereum underperforming post its ETF Approval - The demand for ETH has decreased a lot and now it is 50% from its recent highs - From a Fundamental and Technical Perspective Ethereum surely has a lot of upside left - It is currently Trading at a great zone where spot buyers can place bids and leave it for a quarter to yield 30-50% from here - Accumulation Zones - 1750-2200$ Divide your entries in 2 parts
Long
by VKtradesimbalance
1
24.09.07 Whale IndicatorsHello, I'm Whale_signal Before that, we'll review the 1H-BTCUSDT chart The problematic spot was an hour stick, showing a flow of settling the orange whale surface, and then a sharp drop came out immediately There are probably people who hosted LONG on that spot 1. If you have made a buy on Whale Indicators, you should designate an entry price cut right away -> Whale indicators are strong indicators, so if they break, which direction? We don't know how much the price will be pushed -> Profit is important, but risk response comes first 2. There's been a $250 rise from the orange whale indicator and $250 in the futures market is definitely not a small profit -> Even if you didn't eat $250, you could have avoided a big loss if you designated it as a stopper I don't feel good because there might be people who lost money. From now on, please make sure to proceed with the stoppage 1H - BTCUSDT Update It's a very complicated seat. I think it'll help, so I've added a white whale indicator If it fails to rise above the orange whale index, it could continue to face downward pressure, and if it deviates below, it could see mid to late 46K to late 47K And if the mid to late 46K to 47K are also breached, please refer to the 1D-BTCUSDT purple whale indicator You have to be careful because it's continuously being pushed down and it's located under the purple whale indicator ***whale surface intensity*** Purple>>>Orange>>>White (Purple indicators are the strongest)
by Whale_signal