CTSI is Undervalued fundamentally - Huge supportThe biggest shortage in smart contract/defi crypto space is developers. CARTESI (CTSI) has been working for years and aims to be a layer 2 solution for "existing developers" to build out smart contract with high throughput (ETH ..cough) and low transaction fees. When I say existing developers, I mean all developers that make our other stuff and have done for decades in the real world before crypto.
CARTESI is blockchain agnostic and is extremely welcoming as a workable platform for most of the developers who would not have a frickin clue what Solidity is.
This opens up more development on this layer by default of sheer numbers, similar to why there are more Android developers vs IOS in the mobile phone arena. Now this is still a speculation, but if successful, this is a true game changer. Plus on the technicals, we have side stepped out of a bearish trend and I simply think this project should exist. If not this team, then someone will do it.
I have watched price double, quadruple and settle back down. Now that the Degens are out or have at least settled down I still like what I see. There is a massive market of people actively looking at low cap tokens and I feel retail speculators will drive this token up because they fell in love with the vision (which totally is needed) and the fact anyone can understand what the utility is - IE use case.
I am proudly one of them, so I want at least some exposure if this train pull away.
**Please use proper risk management**
Layer2
Harmony considered the MOST PERFECT 2nd layer scale solutionAs I watched Matic going public, I heard rumors saying 'Harmony is the real deal' and technically the most innovated layer 2 solution built ever. As Harmony is made in an idealistic way and is meant to bring fair trade into the world, the founders have tried to make this ONE as perfect as they could. It is considered by Theta the most innovated token and is still an underdog. We just have experienced a revisit of the value of the ICO, and this means a doubling is around the corner.
Most alts are recovering from a serious correction and are consolidating within a descending wedge, which is quite a particular trend these times in any tech/futuristic chart or market..
I can foresee a visit of 0.1 usd for sure. Harmony is the last one behind Matic for this market to catch up with Theta and Theta fuel.
Total supply of Harmony (12.6 billion) is quite similar to that of Matic (10 billion) but Harmony's circulating supply is already 75% of that of Matic which has still 50% of its supply to be released which could not harm, but I'd say influence Matic's growth.
Harmony has a current market cap of 240M usd, and a price of 0.026 usd, and a 0.1 usd is just a 4x and similar to Matic it can reach a 1B usd market cap, which many people have in mind as well.
People always follow trends and Harmony will certainly get in the spotlight and prove its practical use cases.
Technically as I said Harmony is at the offspring of momentum made in a descending broadening wedge, after correction to exactly to the 61.8% FIB (not shown here, as this is the 61.8% here is the follow up, not the correction). 1.618 Extension is exactly at the doubling of the ico's value and comes on around 0.06 usd. This could be a 3th wave visit or a bounce as a 4th correctional wave, with a target of 0.1, 2.618 FIB or about 0.1 usd level. We are clear above the 21 EMA and touched and get rejected by the 50 EMA.
I foresee certainly an identical target of 1 billion usd market cap as I predicted this for Matic as well before the run up.
If btc recovers and markets will shift in real values, Harmony and Matic are destined to become a top 20 coin which will eventually develop as a +10 B usd market cap token.
We must follow correct patterns, and this is just a calculated speculation, and the timeframe could be much larger as well.. remember the bullrun from Theta which had quite some long pauzes in between but ended up each time in a higher trading range.
So far this token deserves to be big, that's my opinion.
An "optimistic" approachUpon the announcement of Project Optimism, the 2 layer scaling solution to Ethereum, it's time to start picking up ether (if you havent already started). This is a great time to trade against crypto pairs, as the projected benefits from the L2 solution will greatly increase ETH's valuation relatively against crypto pairs.
On a slightly related note, I will be lightly reducing my bnbeth position to allow for some fall back in the event that other smart contract pairs do not follow the same move HOWEVER given BNB's fantastic stability at it's currently levels, I am fairly confident .13 is the floor for that pair.
Initial targets: 0.036 (current month candle close if bullish)
also dont stress about falling below 0.03 IF that happens. clear shakeout to scare retail out of a dank trade.
cheers
LRC - Price Prediction - Recent Very Positive News!Hello Traders,
LRC is another great project that hasn't shown its true colors yet.
We have to remember that LRC once traded at more than $3, which leaves a lot of room to grow to previous highs. I believe it's very undervalued as of right now and there could be huge potential down the road. Some very positive news came out recently.
LRC is currently being looked at as one of the top layer-2 DEFI exchanges, closing more than $590 Mil in transactions this year. "Cointelegraph wrote, traders are migrating to Loopring to escape the higher/ raising fee's currently associated with Etherums mainnet. "
Though I do believe we are still in the infancy of what Loopring will be able to offer to its user and what the true value will become of its native toke, LRC. As of right now, the LRC token makes up more than 40% of holdings currently on the DEFI exchange. But once we start to see some of that love spread out between other coins, we should see an increase in LRC's price.
Price Prediction: It's quite possible that the current market cap of $699,908,577 could increase to around $1.4 Bil - $1.8 Bil.
Broken down: 1.3 Bil. (est. Circulating Supply) / $1.4 Bil - $1.8 Bil (est. Market Cap) = $1.07 - $1.38 (by end of 2021). This would result in a 130%+ ROI from the current price.
This is a long-term approach but for the short term, we may see a small breakout to retest recent highs.
Also, take a look at how close the ALT. Prep. and LRC is following each other on the hourly chart. I'm keeping an eye on both to help better understand where LRC's price is moving to next.
Good luck!
Buy CELR / layer 2 scaling will be big @ Solid Support!Buy CELR / layer 2 scaling will be big @ Solid Support! Celer Network is a leading layer-2 scaling platform that enables fast, easy and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contract. It enables everyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics.
xDai Stake Buy Idea- Massiv Falling Wedge
- Volume dropping
- MACD & RSI showing Weakness in bearish trend
LONG LRC - breakout of bullish flag - Low RIsk Entry Point LONG LRC - breakout of bullish flag - Low RIsk Entry Point // - Loopring is an open protocol for building high-performance, order book decentralized exchanges on Ethereum. Their goal is to enable the building of highly scalable exchanges without compromising Ethereum-level security guarantees through a zkRollup construction. Although blockchains inherently provide trustless trading, there are problems with building exchanges purely on-chain. Specifically, processing speed, throughput, and computation costs. Performing all exchange steps on-chain can be prohibitively expensive, or impossible to emulate centralized exchange speed and performance. For these reasons, Loopring has moved almost all data and computation off-chain but leverages zero-knowledge proofs to retain trust-minimized properties.
Long OMG - bouncing off support of KELTNER BAND midline and POC Long OMG - bouncing off support of KELTNER BAND midline and POC (point of control) on vol profile ... the developers are hard at work! OMG Network is a Layer-2 scaling protocol for Ethereum. What this protocol aims to achieve is a higher transaction throughput at a lower cost while leveraging the security guarantees of its underlying layer which is Ethereum.
lONG OMG above avg vol breakout OMG Network is a Layer-2 scaling protocol for Ethereum. What this protocol aims to achieve is a higher transaction throughput at a lower cost while leveraging the security guarantees of its underlying layer. OMG Network is predicated on the creation of a child chain that batches transactions before committing them to the root chain, which, in this case, is Ethereum. The child chain relies on the root chain as the trust and arbitration layer. With this type of relationship, if something goes wrong with the child chain, users’ funds should remain safe. The protocol's token, OMG, is the primary method by which users can pay for transaction fees and interact with the network.
LONG OMG/USDT - 45 min chart update - vol above avg bullish! LONG OMG/USDT - 45 min chart update - vol above avg bullish! - OMG Network is a Layer-2 scaling protocol for Ethereum. What this protocol aims to achieve is a higher transaction throughput at a lower cost while leveraging the security guarantees of its underlying layer. OMG Network is predicated on the creation of a child chain that batches transactions before committing them to the root chain, which, in this case, is Ethereum. The child chain relies on the root chain as the trust and arbitration layer. With this type of relationship, if something goes wrong with the child chain, users’ funds should remain safe. The protocol's token, OMG, is the primary method by which users can pay for transaction fees and interact with the network.
USD11 by Dec 2020; USD50 by 2022+Prediction for OMGUSD
This is in line when most exchanges starts using OMG as a L2 to help ease out ETH congestion, which Bitfinex has already done so, successfully!
All other ERC-20 tokens will also take advantage of it already. This makes OMG an essential Layer for ALTS Crypto market growth.
OMG has already started its bullish formation, and will trend upwards in weeks, months and years to come! this is only the beginning people.















