MoonBeam (GLMR) == (Glimmer) Investment/TradingMoonBeam is a parachain within PolkaDot ecosystem.
Parachains = Specialized, application-specific blockchains that run in parallel within the Polkadot ecosystem. They are connected to and secured by the Polkadot Relay Chain, which coordinates the network's shared security, consensus, and interoperability. "PolkaDot" documents...
wiki.polkadot.network
Moonbeam's integration within the Polkadot ecosystem allows it to leverage the broader network's capabilities, making it a vital component for developers looking to build cross-chain decentralized applications.
I have invested in CRYPTOCAP:DOT almost when its price was 8, 10, and 13 Dollar and had a moderate returns since my initial investment was low, then i sold it completely.
I re-invested again in Mid 2022 through early 2023 and thanks to the great staking % rewards of DOT, now i own a great amount of it.
MoonBeam is one of polkadot partners along with Chainlink and others and i believe Moonbeam will have a vital role within DOT ecosystem going forward.
My entry in Moonbeam came little late as i failed to capture the prices below 15 cent, but i'm benefiting from the Staking rewards and been DCA in within the range in stated in the chart.
Benefiting from this current bull cycle and having a strategic exist is vital. The market is liquid and very healthy for spot trading in this periods.
I am still buying in DCA GLMR from my FLR + SGB rewards.
There is a good trading opportunity here for GLMR and hope you can take advantage of it.
NOTE:
I only share what i do personally and this is not a financial advise folks.
GLMRUSDT trade ideas
#GLMR/USDT Ready to go higher#GLMR
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.2370
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2595
First target 0.2800
Second target 0.3040
Third target 0.3300
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.2150
Entry price 0.2314
First target 0.2532
Second target 0.2859
Third target 0.3224
#GLMR/USDT#GLMR
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.1560
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.1633
First target 0.1870
Second target 00.2084
Third target 0.2380
GLMRUsdtthis is not advice. this for request ,y friends for this and i bacl after long time for them. you check fundamental about this token.
GL
EntryPoint:
0.3285
0.2861
0.2740
Supports:
0.2295
0.1837
0.1472
Resistance:
0.4233
Targets:
0.5850
0.8817
1.0938
1.4920
MidTime:
2.6455
4.0000
LongTime and HODL: (remember this is hard targets and better not more save for this)
6.739
12.0190
GL
new long signal for glmr 4hr timeframe 3 rsi and 35 rsiso this could be a good trade, you can long now, next target around 0.32 the 1.618 is at 0.44 so basically this would be like your short term top for now. What I see from other sources glmr could be up for a huge move so maybe you want to hold even longer. Leverage on low level max 15x. NFA You could also buy on spot now and just hold and sell at the 4$ level others talk about for longer term...brought to you by the J3D1, support your local wild animals
Glmr / UsdtBINANCE:GLMRUSDT
📊 **GLMR Price Analysis:**
- **Current Price**: **$0.2232**
At the moment, the price of GLMR is sitting at **$0.2232**, which is also a key **resistance level** 🚧. This means that if GLMR struggles to break above this point, we could see a potential reversal or consolidation around this level.
---
**What Happens if the Price Breaks $0.2232?**
If GLMR manages to **break above** the $0.2232 resistance level, we could see a potential move towards higher price levels. The next major resistance levels are:
1. **$0.2700**: This is the first level where price might face another strong resistance. If GLMR pushes through this, there could be more bullish momentum. 📈
2. **$0.3400**: If the price continues to rise, the next significant resistance zone is at $0.3400. This is a critical point to watch for potential reversals or pauses in the uptrend. 🚀
---
**What Happens if Price Fails to Hold Above $0.2232?**
If GLMR struggles to maintain its position above the $0.2232 level and starts to fall, the key support zone to watch will be around **$0.2000**. If price reaches this point, we could see some buying interest come in and a potential bounce, but if support breaks, further downside may be possible. 🔻
---
💡 **Reminder**: This is **not** financial advice. Always conduct your own research and manage your risk appropriately before making any trading decisions. 🧐📚
GLMR trade setupWeekly: long term analysis
After more than 95% deep correction during the bear market, BINANCE:GLMRUSDT is building a reversal Head&Shoulder on a weekly time frame. Volumes are increasing since the All Time Low corresponding to the Head of the pattern and is following perfectly the H&S psychological structure.
Short term analysis
The inverted H&S pattern is attempting a breakout upward. If this breakout is confirmed, prices can start a strong upward move based on previous price action of GLMR. The latest higher low contracted the price’s volatility and offer us a good risk/reward setup.
Strategy
Buy signal will be given from a daily weekly close above the resistance line (neckline of the inverted H&S) around the 0.56$ mark.
Objective 1: Next resistance line (with Risk/Reward =3) at 0.8$ ( +45%)
Objective 2: Next resistance around corresponding to the H&S swing move target at the 2$ zone (+260%)
Objective 3: Next resistance line at 5.7$ ( +900%)
Invalidation
Mental Stop: just below the recent daily swing low. This setup proposes a nice Risk Reward
If prices retrace to this stop level we will wait for the daily closing price then set a Stop loss ¼ or Risk below the weekly close price.
Risk = Distance between Mental stop and entry point.
GLMR Chart Analysis in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
For the last 4 months, SEED_DONKEYDAN_MARKET_CAP:GLMR has been in a bearish trend, dropping from $0.7469 to $0.1701 (-77%). The price has reached close to the all-time low level at $0.1603.
GLMR is likely to hold this support and rebound, breaking the resistance trendline and confirming a bullish reversal.
It is interesting to see how the RSI is creating a bullish divergence pattern. If it stays strong, the price will most likely rally from the current market price of $0.1978.
Key Observations:
- Important support: $0.1603 to $0.1804.
- Primary Resistance: $0.228.
- Mid-Resistance: $0.3445.
- Higher Resistance: $0.7469.
- RSI: Bullish Divergence.
- Invalidation Point: A breakdown and close below the support level.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
#GLMR/USDT#GLMR
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.1800
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.2000
The first target is 0.2531
The second target is 0.3056
The third goal is 0.3591
glimmer bottomgoing out to a big timeframe (monthly) we can see the risk reward for glmr is extremly good, we are looking at a double bottom and target would be around $1.40 which also lines up with first fib. on most timeframes from daily all the way to 2 month we can see rsi is bottomed out. risk/reward really good with this who can hold for awhile for alt season.
GLMR has finished 1st ABC corrective wave since inceptionMoonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.
Moonbeam is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.
ENTRY: $0.328
EXIT 1: $0.73
EXIT 2: $0.99
EXIT 3: $1.29
EXIT 4: $1.60
Potential Multiple: 5x