Ethereum in the Golden Zone: Bounce or Breakdown?Ethereum (ETH/USDT) Weekly Analysis:
Trendline Support:
The price has repeatedly found strong support along the upward-sloping trendline, maintaining a bullish market structure.
Key Zones:
Support Zone: The critical support lies between $2,200 and $2,400, aligning with the golden Fibonacci retracement zone (0.618 - 0.786), making it a significant area for potential accumulation.
Resistance Zone : The major resistance lies between $3,900 and $4,100, where the price has previously faced selling pressure.
Outlook:
Bullish Scenario: A bounce from the support zone and trendline could lead to a retest of the resistance at $3,900–$4,100.
Bearish Scenario: A break below the trendline and $2,200 could signal a deeper correction.
Please do Like, comment and follow for more insights.
Cryptonews
ICP breakout expected as positive cashflow is achievedInternet Computer Protocol is a unique project, that allows investors to accurately assess fundamentals. 2024 has been an amazing year for the project:
ICP has been recognised as being the fastest blockchain in terms of max recorded transactions per second, outperforming Solana by more than 3 times (Cryptogics November 2024).
In terms of compute, ICP is frequently burning more than 1 trillion 'cycles' per second, approximately 200x the 5B cycles/s it routinely burned a year ago.
It is also reported to be the cheapest for transactions and data storage, by one or more orders of magnitude, depending on the blockchain it is compared with (Token Terminal December 2024). More than 4Tb of data is stored on ICP, more than 3.3x the data stored on Ethereum and potentially more data than is held on-chain by all other crypto projects combined.
ICP is attracting developers at breakneck speed (3rd preferred blockchain for new developers), with fees collected up 40x year-on-year (Token Terminal December 2024).
These metrics are impressive, but despite the heavy-hitting results booked to date, ICP is still ranked 39th with a market cap of (just) US$4.1B in the CoinGecko list of crypto projects, well below projects with no or little utility. This has led to some insiders referring to ICP as 'crypto's most undervalued project'.
This month (January 2025), ICP will achieve 'positive cashflow', defined here as the point at which revenue from compute (ICP burned) exceeds the cost of the network (ICP minted to reward node providers). Refer to my post on Nuance for more detail (nuance.xyz).
Apart from this critical milestone, the tokenomics of ICP are such that effective deflation is affected by the value of the ICP token. I built a model described in another Nuance post (nuance.xyz) that estimates deflation (defined as a decrease in the ICP circulating supply) to be achieved in 2028, but at the current depressed ICP price below US$10, effective deflation will be achieved before this Christmas!!
In the context of the above, I expect ICP to increase significantly in value this year and given the chart provided here, my expectation is that the price of ICP will flip on a dime this week with the news of ICP achieving positive cashflow ('operational profit'). My view is that 10x is achievable in 2025.
I do not provide financial advice. The above expresses my personal view and may be way off the mark. Please do your own research but feel free to comment.
Trump Coin: Bearish Signals and Double Bottom AheadAs of January 25, 2025, Bitcoin (BTC) is trading at approximately $102,378, exhibiting bearish tendencies. This downturn is influencing altcoins, including Trump Coin (TRUMP), which is currently priced around $27.14.
Technical Analysis of Trump Coin (TRUMP):
Head and Shoulders Pattern: On higher timeframes, TRUMP has formed a head and shoulders pattern, a classic bearish indicator suggesting potential downward movement in the mid-term.
Double Bottom Support Level: The anticipated decline may lead TRUMP to revisit its previous double bottom support around the $5 mark.
Short-Term Bullish Spike: Before reaching the $8.80 support level, a brief bullish surge towards $12.544 is expected, possibly offering short-selling opportunities.
Supporting News and Market Sentiment:
Recent developments have contributed to the bearish outlook:
Regulatory Concerns: President Donald Trump's executive order to establish a task force for proposing new cryptocurrency regulations has introduced uncertainty, leading to market declines.
Meme Coin Volatility: The launch of TRUMP and MELANIA meme coins saw initial surges followed by significant crashes, highlighting the speculative nature of these assets and raising concerns about their impact on the broader crypto market.
Given these factors, traders should exercise caution. Monitoring key support and resistance levels, along with staying informed about regulatory developments, is crucial for making informed decisions regarding TRUMP and the broader cryptocurrency market.
XRP’s Next Move: Can It Reach $6.50?Good morning, trading family!
XRP is at a key point right now. If it drops below $2.84, we could see it fall to the $2.70–$2.60 range before bouncing back. On the flip side, if it pushes up from $3.30, we might see it climb to $3.80—and from there, $6.50 could be in sight.
It’s going to be an exciting move either way, so stay sharp!
If this resonates, feel free to comment, like, or share. Let’s trade smarter and live better!
Kris/Mindbloome Exchange
Trade What You See
INJ at Critical Confluence Zone – Bullish Breakout Ahead?Injective Protocol (INJ) is trading at a key confluence zone, supported by the resistance-turned-support area and a rising trendline. A breakout above the red resistance line could spark a strong bullish rally.
As long as the price holds above the support, the trend remains bullish.
$XLM/USDT Analysis$XLM/USDT Analysis
#XLM is consolidating within a symmetrical triangle pattern on the 6-hour chart.
The price is nearing the breakout point, and a decisive move is expected soon.
If the price breaks above resistance, it could initiate a strong uptrend. Conversely, a breakdown of the support below may lead to further downside
Waiting for confirmation of the breakout with volume before entering a position is recommended.
Entry: CMP
Target: $0.6000 - $0.7000
SL: $0.3941
DYOR, NFA
AIXBT by Virtuals | Coinbase & Binance AIXBT is like the Sherlock Holmes of the crypto world
an AI agent designed to give token holders a strategic edge in the ever changing crypto circus. Using some next-level tech, it deciphers market trends and dishes out insights like your personal crypto psychic. It pulls in data from everywhere, ensuring you're not left out of the loop when making decisions in the chaotic crypto jungle.
Right now, AIXBT by Virtuals is hanging at $0.79, taking a bit of a nosedive with a -8.61% drop in the last 24 hours. But hey, it’s crypto, it could be up next time you blink!
The lowest price paid for AIXBT is $0.023, which was recorded on Nov 19, 2024 (about 2 months). Comparatively, the current price is 3,240% higher than the alltime low price!, it's got a circulating supply of 855.61 million tokens, and a max supply of 1 billion, so it’s got plenty of tokens to spread around.
In the past 24 hours, AIXBT’s trading volume has been a hefty $448 million, and it’s on 39 exchanges, with Binance being the party host. Its market cap is sitting at $682.36 million, claiming a modest 0.02% of the whole crypto market share.
Oh, and just when you thought things couldn’t get spicier, After Binance, Coinbase International has decided to list AIXBT, PNUT, and VET altcoins. Coinbase is diving deep into the futures market, aiming to steal some of the thunder from the big crypto exchanges.
Now, let’s talk whales. AIXBT hit a new ATH recently, and it’s mostly thanks to some big fish in the sea. “0x001,” aka the whale with deep pockets, scooped up 3.8 million AIXBT tokens (worth $2.7 million) just before the price shot up by 30%. This made them the proud owner of 8.31 million tokens, or 0.83% of the entire supply, with an average price of $ 0.62. Over the past four days, they’ve dropped about $5 million on AIXBT, and now they’re chilling with a 30% unrealized profit
long story short, Big whales, big moves, and AIXBT is riding high… for now,
why pullback? btc pumpin so memes dumpin and some whales sell the nws
wait you are new in crypto world ? Now’s the time to invest in your most valuable asset, knowledge. Crypto trading isn’t just for tech geeks anymore, it’s a skill everyone can learn. Start today, and watch your expertise and portfolio grow
KOG CRYPTO - BTCQuick look at BTC as it seems to be top of the headlines at the moment. We had the level of 103k on this which is now completed.
We now have support at the 104.3 region and obviously bullish above. I would however like to see that higher level and Red box may be give us a RIP if targeted!
It will be interesting to see how this plays.
As always, trade safe.
KOG
Trump Coin's Wild Ride: Breaking Fibonacci to $115 or Busting toGood morning trading family! Here are the key levels to watch for $TRUMP:
Resistance to Break: Keep an eye on the 38.2% Fibonacci level. If $TRUMP breaks above this, watch for:
$89 - First significant target if the break is confirmed.
$104 - Another potential milestone.
$115 - The highest optimistic target if momentum continues.
Support to Hold: If $TRUMP fails to break above the 46 range, watch for a potential drop to:
$25 - A critical support level where the price might find a floor or continue to decline.
These levels will guide whether $TRUMP climbs the stairs or slides down. Last minute: If you found this analysis valuable, boost it with a like, share, or send me a DM if you need help.
Kris/Mindbloome Exchange
Trade What You See
ChainLink | LINK , TRUMP & Grayscale LINK pumped 500% since our last signal so Its time to Celebrate the New Year with Crypto
Chainlink isn’t just mooning on price it’s taking the crown in the real world assets (RWA) sector. LINK is leading the pack in development activity, leaving Ethereum based Synthetix (SNX) and the privacy savvy Dusk Foundation (DUSK) playing catch up
Price Up, GitHub Busy, and a New Year’s Party to Crash
The numbers? Chainlink flexed nearly 394 GitHub events in the past 30 days, compared to Synthetix's 176.6 and Dusk's 34.7. Meanwhile, Polymesh (POLYX) and Maker (MKR) aren’t far behind, clocking in at 25.9 and 21.7, respectively
Chainlink’s onchain momentum and fundamentals are bullish as well, growing active addresses and an all time high futures open interest of $770.27M are just tip of the iceberg. Grayscale announced that it has opened Grayscale LINK Trust to qualified investors, a fund that enables investors to gain exposure to XRP in the form of securities. As of December 12, Grayscale LINK Trust had a net asset value of $111.91 per share and $30,468,812 in assets under management
Chainlink's LINK token is experiencing a notable increase in price and market activity, fueled by a strategic investment from World Liberty Financial (WLFI), a project backed by Donald Trump’s family. WLFI recently expanded its holdings by purchasing an additional $1 million worth of LINK, raising its total investment in the token to $2 million.
LINK is trading at $29.4 (+1.5% over 24 hours), while its all time high of $52.82 (May 2021) is still 44% away. But hey, it's already the life of the crypto party, with a $1.1B daily trading volume and active trading on 99 exchanges, led by Binance. Market cap? A cool $18.6B
it’s a good time to toast to LINK’s rise🍾
USDT.D Retests Breakdown: Is a Strong Altcoin Rally Ahead?USDT Dominance (USDT.D) has broken below its rising trendline and is trading at a key support zone after a successful retest of the breakdown. A break below this support could trigger a sharp decline, signaling capital rotation into altcoins.
This setup aligns with the potential for a strong altcoin season and an active trading period ahead.
SOL & Memes | Is Solana season here ?From Weekend Hero to Market King
Sol szn is here ? YESS, We are 70% up since our last analysis and recent data strongly suggests we might be entering the early days of SOL mania, Here’s why
1.SOL Outperformed BTC and ETH This Weekend: Solana delivered significantly better returns compared to Bitcoin and Ethereum over the weekend. don't let me compare it with Eth cuz it will break Eth holders Soul
2.Market Cap Milestone: Solana's total market capitalization hit an all time high earlier today, now making up 3.53% of the entire cryptocurrency market with a valuation of $114.3 billion.
3.Dominating Daily Net Inflows: As of now, SOL tops the leaderboard for daily net inflows.
4.Revenue Growth: Last week, Solana’s Real Economic Value (the revenue it generates) doubled its previous all-time high.
5.Meme coins often choose the Solana blockchain for a variety of reasons, primarily due to its unique technical advantages and its growing ecosystem. Here’s why: Low Transaction Costs, High Throughput and Scalability, Fast Transaction Speed, Strong Community and Ecosystem,Developer-Friendly Environment, Early Mover Advantage...
6.Weekend Trading Volumes: Between Saturday and Sunday night, SOL trading volumes surpassed those of all major altcoins.
All of this recent movement is huge for two specific groups of people:
-My wife, who has been worried sick since I told her I invested 100% of my life savings in Solana!
-Our followers, who got worded up on SOL around this time last year and load the dip at 20$
But will these trends hold, especially after ETH and BTC ETFs wrap up their first trading day of the week? Probably not but it’s worth noting how impressive this is, given Ethereum’s market cap is 3.3x larger than Solana’s, and Bitcoin’s is a staggering 16x bigger!
As you can see Sol ready for correction and pullback then it gets ready for Sol Mania
Bitcoin's Bullish Surge: Is a New All-Time High Imminent?BTC/USDT has successfully broken out of a descending triangle, reclaiming momentum and trading above a key resistance level, which has now turned into strong support.
Supported by the ascending trendline, Bitcoin is showing a bullish trajectory and appears poised to test the all-time high (ATH) zone.
Bitcoin 240000$ This Bitcoin (BTC/USD) chart uses the Fibonacci extension tool to project possible future price levels. The key observations are:
1. Current Price and Breakout: BTC is trading at $105,019, having surged significantly beyond previous resistance levels.
2. Fibonacci Levels: The price has surpassed the 0.618 Fibonacci extension level at $99,745, a crucial bullish signal.
3. Next Targets: The next Fibonacci extensions are at:
$151,950 (1.618 level)
$204,154 (2.618 level)
$236,416 (3.618 level), nearing $240,000
SOL on the edge ETF Decision & Strategic Reserve News to TriggerTechnical Analysis
1. Descending Channel
The price has been consolidating within the descending channel since November, consistently bouncing off the upper and lower boundaries.
A breakout above the channel would signify a bullish reversal and a possible surge toward higher resistance levels, such as $220 and $240.
2. Current Momentum
The price is near the upper boundary of the channel at $204. A successful breakout accompanied by strong volume would confirm a bullish move.
3. Targets After Breakout
Immediate target $220 (previous support turned resistance).
Extended target $240-$280, depending on momentum and news impact.
News/Event Driven Catalysts:
1. Solana ETF Decision
The U.S. SEC decision on a Solana ETF within the next 8 days is a crucial factor. If approved, this would open the doors for institutional investment in Solana, significantly increasing demand and price.
Historically, ETF approvals for assets have led to sharp price rallies, often breaking technical resistances.
2. Trump’s Strategic Reserve Plans
The announcement that the U.S. President-elect is considering cryptocurrencies like Solana for a national reserve creates a bullish sentiment. If implemented, this could position Solana as a strategic asset in the crypto space, attracting major investors and long-term holders.
3. Market Sentiment:
Positive news about an altcoin reserve and Solana’s inclusion could further amplify its status as a leading blockchain in the market, pushing prices higher.
Potential Scenarios
1. Bullish Scenario (Breakout)
If the SEC approves the Solana ETF and positive sentiment continues, the price is likely to break above the channel.
Key levels to watch post-breakout: $220 (immediate resistance), $240, and $280.
2. Bearish Scenario (Rejection)
If the ETF is rejected or market sentiment turns negative, the price might face rejection at the upper boundary of the channel.
Downside levels to watch: $180 (support within the channel) and $165 (channel bottom).
This chart and the accompanying news strongly indicate that Solana is at a pivotal moment. Traders should monitor the channel breakout closely and pay attention to ETF-related news and market reactions. With the potential approval of the ETF and increasing institutional interest, Solana could experience a significant rally, making it a key asset to watch in the short term.
USDT.D at Key Support: Altcoin Bull Rally Ahead?USDT.D has repeatedly bounced off the marked red support zone, a strong Fibonacci level at 0.5. This support has been tested multiple times, and based on my experience, I anticipate USDT.D may break below this zone. If it does, it could trigger a bullish rally in altcoins.
I believe this is the final shakeout phase, so stay strong and focus on accumulating fundamentally solid coins. Remember to maintain discipline and practice strong money management.
ATH/USDT Forming Higher Lows: A Must-Watch AI CoinATH/USDT is currently trading within a wide sideways zone. The price is moving upward, supported by a rising trendline marked in black, and consistently forming higher lows.
As an AI-driven coin with strong fundamentals, it’s worth adding to your watchlist.
DYOR, NFA
HBAR/USDT Approaches Apex: Bullish Breakout Ahead?HBAR/USDT is currently trading within a bull flag pattern and approaching the apex. A potential bullish breakout may be on the horizon.
The price has faced multiple rejections from the descending trendline but has consistently found strong support at the lower support zone. Keep an eye on the price action for a possible upward move.
DYOR, NFA
The Future of Cryptocurrencies: Navigating Beyond BitcoinI've been diving deep into the crypto world, and it's clear that Bitcoin and Ethereum aren't the only players anymore. As we're pushing through 2025, the crypto landscape is buzzing with altcoins, DeFi projects, and wild blockchain innovations. Here's how I've learned to navigate this exciting, yet sometimes wild, space:
Beyond Bitcoin and Ethereum
I used to think Bitcoin and Ethereum were the be-all and end-all of crypto, but man, was I wrong. Now, I'm exploring altcoins because:
-Diversification: I spread my crypto eggs across multiple baskets to catch the next big wave while keeping my portfolio balanced.
-Innovation: Altcoins are where the coolest new tech is happening. From privacy features to new ways of reaching consensus, it's like a tech playground out there.
Current Trends in Altcoins
-DeFi Developments: I've fallen down the rabbit hole of DeFi. Platforms like Aave or Compound? They're letting me lend, borrow, or farm yields directly on the blockchain. It's like the Wild West of finance, but I'm loving the autonomy and potential returns.
-Layer 2 Solutions: Ethereum's scaling problems got me looking at projects like Polygon (MATIC) and Solana (SOL). These are speeding up transactions and cutting costs, making blockchain tech more usable for everyday stuff, from gaming to buying digital art.
My Investment and Trading Strategies
Researching Altcoins:
-Technology: I geek out on the tech. Does it solve a real problem?
-Team: I check if the team behind it seems legit or if they're just in it for the quick buck.
-Community: A lively community is a good sign. It's like having a cheerleading section for your investment.
-Real-world Use: I'm all about coins that have a practical use. It gives me confidence in their longevity.
Portfolio Allocation: Here's how I juggle my crypto stash:
50-60% in Bitcoin and Ethereum for stability.
20-30% in well-established altcoins with solid fundamentals.
10-20% for the moonshots – those high-risk, high-reward projects that keep the thrill alive.
Managing Risks in Crypto Trading
- Volatility : Crypto can be a rollercoaster. I use dollar-cost averaging to smooth out the wild rides and set stop losses because, let's be real, I've learned the hard way that the market can tank when you least expect it.
-Security: I'm super paranoid about security. I keep my significant holdings in hardware wallets and do my homework on every ICO – because scam coins are real, folks.
Case Studies
- Success Story: I've been watching Cardano (ADA), which has been on fire with its focus on security and real-world applications, especially in Africa. It's been a good reminder that tech with purpose can go places.
-Cautionary Tale: The Terra (LUNA) crash was a wake-up call. It showed me how quickly things can go south in the crypto world, especially with stablecoins.
Technological Innovations
- NFTs: I've seen NFTs go from digital art to owning pieces of virtual land. They've changed my view on what digital ownership can be.
-Cross-Chain Solutions: Projects like Polkadot and Cosmos are fascinating because they're trying to make all these different blockchains talk to each other. It's like building a universal translator for crypto.
Looking Ahead
-Regulatory Landscape: I keep an eye on regulations because they could either make or break some altcoins I'm interested in.
-Integration with Traditional Finance: I'm seeing more and more traditional finance players dipping their toes into crypto. It's exciting to watch.
Next Big Use Case: I'm always on the lookout for the next big thing, like Web3, which could totally shift how we interact online.
If you want to know more, send me a DM or head over to my profile. If you liked this post, please don't forget to boost, share, and comment below.
Kris/Mindbloome Exchange
Trade What You See
LINK/USDT at Critical Support: Will the Bears Take Over?LINK/USDT is currently trading just above the key marked support zone and has faced rejection twice from the falling trendline.
If the price fails to hold this support, further downside continuation is likely.
Stay tuned for more updates!
DYOR, NFA