AEVOUSDT.P - Bullish Momentum Taking Shape - **Momentum Development**: While not in its earliest stage, the breakout above the **20-day MA** is gaining traction. The **50-day MA** is flattening, providing a stable platform for upward movement.
- **Indicators Supporting the Trend**:
- **RSI**: At **63.40**, confidently in bullish territory with room to grow.
- **MACD**: Positive crossover confirmed with expanding histogram bars, signaling increasing momentum.
- **OBV**: Uptrend continues, reflecting consistent accumulation by buyers.
- **Volume Confirmation**: Rising volume on green candles further validates the bullish bias.
- **Key Levels**:
- **Support**: $0.3190 (previous resistance turned support).
- **Resistance**: $0.3878 (short-term) and $0.5215 (major).
**Conclusion**:
AEVOUSDT.P is progressing steadily in its bullish shift. A confirmed move above **$0.3878** would open the door to testing **$0.5215**. Momentum is aligning, but sustained volume is key to maintaining the uptrend.
DEX
Thena ($THE): A Rising Star in BNB Chain's DeFi EcosystemIn the dynamic world of decentralized finance (DeFi), Thena ( TSX:THE ) has emerged as a notable player on the BNB Chain, showcasing remarkable growth and innovation. With a recent surge that has seen its value increase by approximately 1774% over the past week, Thena is not just a token to watch but a case study in the power of well-executed DeFi strategies and market dynamics.
Innovative Liquidity Model
Thena introduces the ve(3,3) model, a novel approach within its Liquidity Marketplace, allowing DeFi protocols to influence liquidity through voting on reward distributions. This system incentivizes liquidity providers by enabling them to earn TSX:THE tokens, thereby fostering a healthier liquidity environment. This strategic use of tokenomics has been pivotal in attracting significant Total Value Locked (TVL) to the platform. (www.dai.com)
Strategic Positioning
Positioned as the native liquidity layer for the BNB Chain, Thena is not just a DEX but a fundamental infrastructure provider. Its integration with major DeFi activities and its offerings of both spot and perpetual trading options have made it an essential part of the ecosystem. This broad scope enhances its utility and relevance in the market, potentially leading to sustained growth if the BNB Chain continues to expand.
Market Sentiment and Airdrop Impact
Recent listings on major exchanges like Binance have significantly boosted TSX:THE 's visibility and market cap. The enthusiasm was further amplified by an airdrop event for BNB holders, which not only increased its circulation but also community engagement. The market's reaction was immediate, with a price surge reflecting strong investor interest and speculative buying driven by these developments.
Technical Analysis
Thena's price has experienced an unprecedented rise, with a 24-hour increase of 37.68% and a weekly surge of 1774%. This makes TSX:THE the standout performer in the crypto landscape over this period. The coin's current market cap stands at $275,197,639 USD, with a circulating supply of 78,124,682 THE coins, indicating robust market participation.
With an RSI (Relative Strength Index) of 77 it suggests that Thena might be in overbought territory, hinting at a possible near-term correction. Investors should be cautious as this indicator often precedes a price retreat, providing a potential entry point for those who missed the initial surge.
Volume and Market Dynamics
With a 24-hour trading volume of over $2 billion, Thena's liquidity and market interest are undeniable. Such volume supports the price action and indicates strong trader engagement, which is critical for maintaining price levels and reducing volatility spikes
Investment Considerations
The innovative liquidity management strategies and its integral role in the BNB Chain ecosystem provide Thena with a strong foundation for growth. For investors looking at long-term potential, these fundamentals suggest a platform with significant utility and staying power.
The current hype and price momentum could lead to further partnerships and integrations, enhancing Thena's offerings and increasing its adoption rate.
Risks:
The high RSI indicates immediate risk of a correction, which could be sharp given the recent rapid ascent. also, the crypto market's volatility means that even fundamentally strong projects can experience significant price drops due to broader market sentiment or regulatory news.
The competition within the DeFi space on BNB Chain is fierce, and sustaining growth amidst new entrants will require continuous innovation and community engagement.
Conclusion
With all cryptocurrencies, potential investors should approach with caution, considering both the technical indicators suggesting a potential correction and the fundamental strengths that could lead to long-term value creation. As the market evolves, keeping an eye on how Thena adapts to changing conditions will be key for those looking to leverage its current momentum.
Ethereum (ETH) Set for a Breakout as Market Momentum BuildsEthereum ( CRYPTOCAP:ETH ) appears primed for a significant breakout to the $4,500 level, fueled by bullish momentum and recent groundbreaking developments. As Bitcoin (BTC) reaches a historic all-time high of $100,000, attention is shifting towards CRYPTOCAP:ETH , often dubbed the "silver to Bitcoin's gold," indicating that the much-anticipated altcoin season may be on the horizon.
Game-Changing Metamask Update
A pivotal catalyst for ETH's potential surge is the new feature from MetaMask, one of the most popular decentralized exchanges (DEXs) and crypto wallets. MetaMask now allows users to swap tokens on the Ethereum network without needing ETH for gas fees. This gas fee is incorporated directly into the exchanged tokens, significantly lowering barriers to entry for traders.
Previously, users needed CRYPTOCAP:ETH to pay for gas fees when swapping tokens, often hindering smaller traders and leaving profits predominantly in the hands of wealthy investors. This system discouraged many from engaging in trading on the Ethereum network, contributing to Solana's recent dominance in the memecoin landscape due to its lower fees. With this new initiative, Ethereum aims to regain market share by offering a more accessible and user-friendly experience, potentially driving an influx of activity on the network.
Currently, this feature is exclusive to the MetaMask browser extension but will soon be available on its mobile app, expanding the accessibility even further.
Technical Indicators Signal Bullish Potential
From a technical standpoint, ETH's charts reveal promising signs. Despite a 1.73% dip at the time of writing, ETH is trading within a falling wedge pattern—a bullish formation that typically signals an imminent breakout. The Relative Strength Index (RSI) stands at 60, indicating strong buying pressure and positioning the asset firmly in bullish territory. Additionally, CRYPTOCAP:ETH remains above key moving averages, suggesting that upward momentum is building.
Notably, CRYPTOCAP:ETH briefly broke above the falling trend channel earlier, signaling the beginning of a potential bullish renaissance. While this move was short-lived, largely due to trading volume being siphoned into BTC, the broader market conditions will favor altcoins in the coming weeks. If Bitcoin's dominance stabilizes, the altcoin season could see CRYPTOCAP:ETH soaring past $4,500 and beyond.
A New Era for Ethereum
This combination of fundamental advancements and technical strength positions Ethereum for a potentially explosive rally. The reduced gas fee burden will attract more traders to the network, increasing transaction volume and demand for $ETH. Coupled with the broader market rally, this development could mark a turning point for Ethereum ( CRYPTOCAP:ETH ), setting it up to challenge new highs.
As the crypto market evolves, Ethereum's adaptability and innovations like those from MetaMask ensure it remains at the forefront. With the stage set, all eyes are on ETH's next big move—potentially reaching the $4,500 mark and beyond in the near future.
Cake is getting ready to pumpRecently, while searching for GSR market maker activity, I discovered large transactions between some of the GSR wallets for CAKE coin. I believe they have completed their accumulation phase and will be playing their cards soon.
GSR wallet: 0x4d88ac34c5A401cB6cdfD8FedA2339F7fb04e4B9
Horban Brothers.
UNI almost READY to make a MOVEChart Request on today's show
Recommended to set alert
at 8.574 and 4hr candle
MUST CLOSE above 8.201
Currently in a zone and trying
to break out
🚨- NOT READY - 🚨
Market Cap 4.66B
DEX / DeFi
Not Financial Advise - Entertainment Purpose Only
Always DYOR ( do your own research )
DreamAnalysis | DYDXUSDT Breaking the Last Support ?👋 Welcome back to your favorite channel, DreamAnalysis! Today, we're diving deep into one of the major utility coins in the crypto space, DYDX, and evaluating its future potential.
🔍 What is dYdX? dYdX is a decentralized exchange (DEX) platform that specializes in advanced financial derivatives, margin trading, and spot trading. Built on Ethereum, it offers users the ability to trade perpetual contracts, engage in margin trading, and even participate in lending and borrowing. Unlike simpler DEXs, which only provide token swaps, dYdX offers more complex services in the decentralized finance (DeFi) space.
📊 Weekly Timeframe Analysis:
In the weekly timeframe, DYDX has reached its final major support level, and if this level is lost, we could witness a significant drop. If you're holding this coin, I recommend exiting your positions below this key support of 0.8396.
The current weekly candle is an engulfing candle, indicating strong selling pressure. It has engulfed several prior candles, suppressing buyers, and comes with significant selling volume.
I wouldn’t consider buying this coin again until it breaks the daily resistance at 1.1266. Right now, I’m focusing on other projects with more bullish potential.
📈 Daily Timeframe Analysis:
On the daily timeframe, we are also testing the last significant support. According to Dow Theory, the fact that we have set a lower high indicates increasing selling pressure.
Given that this is the final support level, we can calculate potential downside targets using Fibonacci retracement. If DYDX breaks the 0.8396 support, the next targets are: 0.6726 ,
0.5609
⏳ 4-Hour Timeframe Analysis
In the 4-hour timeframe, the dominance of sellers is obvious, as shown by the large red candles and the failure to reach the 1.2269 resistance level, followed by a sharp drop to the current key support.
📉 Short Position:
Before opening a short position, it’s better to wait for a minor pullback and a lower high to set a better stop-loss point. However, if 0.8261 is broken, I’ll consider opening a short position.
📈 Long Position:
At the moment, there are better coins to consider for long positions, such as SUI and FTM. DYDX is not currently in my long position strategy.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.
Velodrome Finance (VELO) is a sleeping giant. Hidden 100x gem?After diving deep into Velodrome Finance's documentation and dApp, it's become crystal clear that VELO is destined to become a top 20-30 market cap token. The fundamentals and long-term prospects are so strong that, honestly, if it doesn't reach that point, I would be shocked. Here's why:
1. Massive Liquidity and Total Value Locked (TVL)
VELO has an impressive amount of liquidity and demand, and it's only growing:
Velodrome's TVL recently hit $97 million, a significant milestone.
It's the top DEX on both Optimism and MODE chains, showcasing its dominance.
VELO is currently ranked #24 in spot volume across the entire DeFi ecosystem—out of thousands of dApps.
This level of liquidity is crucial for several reasons:
It provides stability and reduces slippage for traders.
It attracts more users and projects to the ecosystem.
It demonstrates strong confidence from investors and users.
2. Innovative Tokenomics and Yield Generation
Velodrome's tokenomics model is designed to encourage long-term holding and participation:
Users can lock VELO tokens for up to four years, receiving boosted rewards.
This lock-up mechanism could potentially create supply squeezes, driving up the token's value.
The protocol offers incredible yield options, making it more likely that users will continue to lock up their tokens.
3. Strategic Position on Multiple Chains
Velodrome's role as the largest DEX on Optimism and MODE provides several advantages:
It's expanding to even more chains, including FRAX, LSK, METAL, and BOB.
As a key player in the Superchain ecosystem, VELO is well-positioned to benefit from cross-chain growth.
Low fees and high liquidity make it attractive for DeFi users, potentially driving more activity to Velodrome.
4. The Coinbase Factor and Marketing Potential
The connection to Coinbase is a game-changer:
VELO is already listed on Coinbase, providing exposure to a large user base.
This early Coinbase listing is a huge factor in its potential growth.
5. Comparative Market Analysis
When comparing Velodrome to other successful DEXes, the growth potential is enormous:
With a current market cap of only $85 million and a fully diluted valuation of $192 million, VELO is significantly undervalued compared to its peers.
As the "little brother" of Aerodrome, VELO has similar fundamentals but at a much lower valuation.
6. Potential for Major Exchange Listings
VELO has yet to be listed on some of the largest cryptocurrency exchanges:
VELO is not currently available on major platforms like Binance and Bybit.
Listing on these exchanges could potentially provide a significant boost to VELO's liquidity and accessibility.
7. VELO Price and Long-Term Potential
The potential for significant price appreciation is a key factor in VELO's appeal:
I can confidently say that VELO's current price might look like a dream in the next 1-2 years.
Right now, it's sitting at $0.10, but I recommended it to my followers when it was under $0.05.
The upside potential here is enormous. I wouldn't be surprised if VELO does a 25x from its current price.
Price prediction is anywhere from $2.5 to $10+
With all the data and liquidity I'm seeing, a 100x or higher doesn't seem far-fetched at all.
Conservative estimates place potential future prices in the 25x range, with some optimistic projections even higher.
8. Sleeping Giant in the DeFi Space
VELO is currently a sleeping giant in the DeFi space:
It's vastly underrated and undervalued compared to its fundamentals.
The token has never seen a bull market, meaning its true potential is yet to be realized.
Getting in now could be considered very early, given its growth trajectory.
Conclusion
VELO is a sleeping giant and it will take many people by surprise. It is in my top 10 list of newer coins that have never seen an alt season. If you think you are too late to AERO, you might be too early to VELO.
While these projections are exciting, it's important to remember that the cryptocurrency market is highly volatile and unpredictable. Always conduct your own research and invest responsibly.
COINBASE:VELOUSD OKX:VELODROMEUSDT CRYPTO:VELODUSD MEXC:VELODROMEUSDT CRYPTOCOM:VELODROMEUSD GATEIO:VELODROMEUSDT BITMART:VELOUSDT COINEX:VELOUSDT
ONLY WAY IS UP - SUNDAEHear me now, the only way is up for SUNDAE. May drop down to the .004cent range but that will be a perfect buying opportunity.
- current market cap is 12million
- current TVL is 14.3million
- Sundae Labs is already familiar with Hydra (which is under construction) but would drastically reduce fees and increase transaction speed
- Governance to come
- Reduced fees for SUNDAE holders to come
SUPER UNDERVALUED. This will likely be a 200million DEX at minimum during the next bull run
pancake swap ready for 400 % profit (cakeusdt)hello dear trader and investors
this price action for cake with usdt pair and now cake in the QM bulish pattern after bitcoin retest supourt zone pancake collected liQ on the supourt zone
and fundamentally:
A multichain DEX PancakeSwap has recently announced a token burn event. As per the platform, the respective episode takes into account the burning of up to 9,039,859 NASDAQ:CAKE tokens with a value of up to $16 million. The company took to the social media platform X to disclose further details of this development.
9,039,859 NASDAQ:CAKE just burned – that’s $16M!
PancakeSwap Commences a Token Burn of up to 9,039,859 NASDAQ:CAKE Tokens
In its recent X post, the firm revealed that this burn event works as a part of PancakeSwap’s broader efforts. According to the platform, the current endeavors thereof focus on minimizing the NASDAQ:CAKE token’s supply and increasing its value. Apart from that, the post also offered insights into the trading fees. Additionally, it also discussed the activity across diverse sections of the platform.
In terms of trading fees, PancakeSwap noted that trading fees from Automated Market Maker V2 accounted for 89,000 NASDAQ:CAKE tokens. These coins had a value of up to $156,000, denoting a more than 9% change from the previous week. Nonetheless, trading fees from Automated Maker V3 accounted for nearly 71,000 NASDAQ:CAKE coins. This figure equaled the value of up to $124,000, signifying a change of -50% from the previous week.
#CETUSUSDT #1D (ByBit) Descending wedge breakoutCetus Protocol regained 50MA support and looks good for bullish continuation, mid-term.
⚡️⚡️ #CETUS/USDT ⚡️⚡️
Exchanges: ByBit USDT, OKX Futures, KuCoin Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.7%
Current Price:
0.11343
Entry Zone:
0.11331 - 0.10729
Take-Profit Targets:
1) 0.13344
1) 0.15086
1) 0.16829
Stop Targets:
1) 0.09094
Published By: @Zblaba
$CETUS BYBIT:CETUSUSDT.P #CetusProtocol cetus.zone
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +42.0% | +73.5% | +105.1%
Possible Loss= -35.1%
Estimated Gaintime= 1-2 months
AEVO Corrected, But Now Has Potential to Rally 40%The chart displays an ascending triangle pattern, which is typically a bullish continuation pattern. Right Now AEVO has breakout and retest, it seems that the sellers are slowing down.
From The 21-day EMA which is currently around 0.978. The price is slightly above the EMA, indicating a possible shift to a bullish trend as the price is starting to move above the average.
Order Block:
An order block is marked between 1.409 and 1.501. Order blocks are areas where large orders are placed, often leading to significant price reactions. This area might act as a strong resistance zone.
Volume:
There is a notable increase in trading volume marked on the chart, suggesting heightened interest and possibly indicating the strength behind the current price movement.
Overall the Aevo price action look bullish for short term with potential to reach $1.3 - 1.4
#nfa
RAY / USDT - Looking for a trend up to $5Raydium swap will grow as Solana grows. I see ray outperforming Solana in the mid to longer term (Weekly). Volume will only increase.
In the shorter term (Daily) I'm expecting a continued trend up towards $5 and above. I have left the chart as simple as i could. This is one of my high conviction plays.
This is not FA. Only a idea. I'm using smaller time frames to enter. Invalidation would be a brake of trend.
If you have liked this chart please boost and leave a follow to be among my first 100 followers here on trading view.
CAKE Set For a Breakout As PancakeSwap Announces $25 Mln BurnPancakeSwap, a decentralized exchange platform on the Binance Smart Chain, announced a token burn of over 8.9 million NASDAQ:CAKE tokens, collected from trading fees across Automated Market Makers (AMM) Version 2 and 3. The $25 million token burn likely helped the NASDAQ:CAKE price recover from recent losses. The DeFi token, which was initially valued at $2.808, rose nearly 3% on the day after the announcement.
The DEX burned 8,924,466 NASDAQ:CAKE tokens worth nearly $25 million. PancakeSwap had collected 119,000 NASDAQ:CAKE worth $332,000 as trading fees for its AMM Version 2 and 160,000 CAKE worth $448,000 for its AMM Version 3. The DEX is integrated with market makers on Ethereum and Binance Smart Chain to help traders execute their trades at a relatively low cost. The DEX recently announced plans to redirect NASDAQ:CAKE emissions from farming pools to bribe locker protocols and boost the liquidity of the DeFi token for users, which has no impact on NASDAQ:CAKE supply since it simply redirects emissions to liquidity pools.
CAKE/USDT > Highly Probable > Strong Bullish Weeks AheadHello everyone,
first of all, please take a look at my recent ideas on the pair (CAKE/USDT) from back in
FEB 5th:
& March 7th:
NOW,
I can imagine two HIGH PROBABILITY scenarios with different timings yet exactly the same target for the near term future of (CAKE/USDT)
both of which are drawn as paths on the chart.
Scenario A: RED PATH / lower probability (30%)
Scenario B: GREEN PATH / higher probability (50%)
* what I clearly mean here is that there's a 20% chance for an unforeseen third path in which this idea is not valid anymore!
** please take the fact into account that PANCAKESWAP is of relatively small market cap and it's token's price is subject to strong fluctuations due to whale activity and big money moves.
Have a great trading and always KEEP IT SIMPLE...
Long Orca to 8.73Traders,
I’ve been at work testing some new indicators lately and they have been working very well so far. I want to give them a true test in predicting a pullback, but so far, they haven’t had that chance. Anyways, right now, they are all flashing green on ORCA. And it makes sense too. We’ve cracked the top of that down-trending channel, signaling that an upward break is coming soon. Additionally, we have very solid support on the underside of price. Finally, look at that beautiful bull flag that has formed. We are on the precipice of upward trajectory here. I’ve entered at 4.64 with a final target of 8.73, a SL of 3.61, and a RRR of 4.3. See you on the moon.
Stew
#TWT/BTC 12h (Binance) Falling wedge breakout and retestTrust Wallet Token pulled back to support and entered oversold territory in sats, looks like a great reward opportunity for a bounce towards 200MA daily.
⚡️⚡️ #TWT/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 9.2%
Current Price:
0.00002342
Entry Targets:
1) 0.00002335
Take-Profit Targets:
1) 0.00003096
Stop Targets:
1) 0.00002081
Published By: @Zblaba
$TWT BINANCE:TWTBTC #TrustWallet #BSC trustwallet.com
Risk/Reward= 1:3.0
Expected Profit= +32.6%
Possible Loss= -10.9%
Estimated Gaintime= 1 month
#UNI --- Uniswap to soar back into the 20'sAs a brand
how do u compete with a leader
Uniswap being the leader of on-chain exchange
Coke is the brand to invest in
(what stock did Buffet buy?)
not Pepsi
not RC cola
Do you get where I'm coming from
And I am not getting into to who, what or how
they have been infiltrated
but clearly they have
As an investor
you MUST pick the best of breed
That has historically been the best route to success.
UNI to rip is my prediction
BASE DEX AERO RUNNING RUNNING RUNNINGCoinbase released a chain called BASE
BASE has been performing alright as a chain in relative standing. On a day to day basis its sitting roughly around 10th place in terms of overall dex volume. Behind chains like Eth, BSC, Sol, Arb and 5 others.
This chain is a nice money maker for Coinbase as a company and is something Coinbase is likely to try hard to expand. Coinbase as a centralised exchange (and custodian) is esp interested in having exposure to the decentralised exchange space.
The largest volume on BASE is AERO
Aerodrome is getting the most volume on the BASE chain per DEX. It is also magnitudes higher in terms of total value locked. Aerodrome is fundamentally dominating the BASE space in terms of DEXes. This is why AERO is running hard and has plenty of upside in it as it is not already a large cap relative to crypto valuations. Let alone circulating market caps.
Keep an eye out on AERO