DIYfinance

DIYfinance

XLM struggling for breakthrough due to correlation with XRP. Detachment from XRP seems unlikely which is daunting as major exchanges are delisting XRP as i am writing. The effects of Binance delisting would most likely be damaging to XLM prices. For a runaway breakthrough to happen XLM must cross above 0.147, predicted targets are between 0.17-0.185. Failing to...

DIYfinance

Alot of uncertainty around Stellar right now, very difficult time to make any prediction. As volume is low currently, not much movement revolves around XLM which maybe why people are moving funds to BTC. As BTC starts to stagnante, market volume is expected to return with XLM initiating it's first wave up. Given low volume, this maybe an impressive shoot up....

DIYfinance

This is my short term prediction using elliott waves going up and a big ABC correction. I'm assuming a very large momentum as BTC breaks $25k barrier. It may go the other way as BTC fails to break above $25k as it has tested twice before. Could well see a $30k BTC in time for the new year. Seeing it shoot up would make a great fireworks display. Merry Christmas...

DIYfinance

ADA is forecasted to rally from recent surge of BTC above the 20k milestone. Impulse wave suggests ADA to peak close to $0.24 before overleveraging kicks in and correcting back down to $0.185 before consolidating around $0.2/$0.21

DIYfinance

Going by recent impulse buying, things have escalated out of control. The bullish momentum from Bitcoin has lifted many of the altcoins with it. As Bitcoin pushes ahead beyond the 20k mark it will create an even greater surge as positions are sold out of bitcoin for additional gains in alts. The large sudden volume will exponentially increase alt prices. ADA being...

DIYfinance

Im using the fib retrracement and elliott wave tool to predict hourly markett change. Using this as practice and seeing how closely my predictions follow market behaviour. YFI being low volume suggest high volatility so has potential for day trading. As a test I'll set a small buy order in at 22.85k and sell order at 32k. I'll update whether the buy order is...

DIYfinance

ADA followed textbook Elliott wave impulse followed by ABC correction. Now it seems to be forming a wedge and so an elliott wave triangle seems appropriate. Market will target 0.135 which will subsequently trigger sell orders causing a drop in price down to 0.130ish where consolidation will occur. As market momentum rebuilds it is expected to break above the...

DIYfinance

The sudden plummet of YFI after sell orders triggered at 30k are now looking to bounce back. There js strong support at 24k and solid support at 22k (0.618 fib retrracement line). Given momentum in the market a bounceback is likely to occur with again 30k as the target to break through. I am not a professional, just another keyboard warrior.

DIYfinance

Following recent uptrend of ADA it is likely for a correction to take place. Using the Elliott model a path correction has been illustrated. It is predicted that if ADA is unable to close above 0.130 mark then a correction is to occur, dropping down to 0.125 before further consolidation. I am not a professional, just another keyboard warrior.

DIYfinance

Unless LINK is able to close above $15 dollars for a breakout scenario it is most likely that a correction is to take place as it carries out ongoing sideways movement. There is support at $13.5 and strong support at $12 where a bounce back will likely occur. The sideways uptrend movement will result in stronger bounceback with targets $15 and $17 dollars as...

DIYfinance

The long term outlook for UNI is bullish as suggested by the trendlines. At this point there is a possible downtrend as indicated by preceding the lower low. If such a correction does occur then there is support at $3.7 and another at the channel trend line $3.5. Subsquently a bounce off will target centre channel trend line of $4.2- $4.5. RSI currently at 50%...

DIYfinance

UNI like most DeFi products has shown huge gains, but due to low volume trading prices can swing fast. Recent surge suggests imminent correction. As the bull momentum is still strong it can be assumed correction will be within channel boundaries where support is found at $3.4. Following from the recent upwards momentum it is expected UNI to recover quickly and aim...

DIYfinance

Recent surge in AAVE could suggest imminent correction. If the coin is unable to close above $80 at the top fib line then a correction below the trend channel/wedge may occur. Strong support can be found at $66, $60 and $52. Alternatively, if AAVE closes above $80 there will be an attempt to target $90. Im not a professional, just another keyboard warrior.

DIYfinance

Following the current cycle, it is assumed we are at the start of a 2-3 year long bull run. Given the trendline drawn it can be assumed that ADA will reach a market cap of 5.9bn (ATH) by Jan 2021 and 10.3bn (ATH) by Jan 2022. Increase in marketcap does not directly suggest increase in price. Depending on the rate of increase and volume of trading price/coin may...

DIYfinance

ADA has shown sideways movement for quite sometime being unable to breakout above channel. If ADA can close above 0.11 it is likely to surge and target 0.12 where there is strong resistance. If it falls below 0.10 there is a possibility of ADA plummeting to 0.086 where there is strong support. Given the market leaning towards a bullish scenario the former is more...

DIYfinance

XLM surge unable to break through sideways channel, foreseeable correction if XLM is unable to close above 0.087 then will drop to line of support at 0.08 before bouncing back to again target 0.087. if XLM gathers enough momentum to break above channel then possible bullish movement towards 0.097 could be observed. I am not a professional, just a keyboard warrior...

DIYfinance

Recent surge in ADA to result in consequential correction with ADA to correct down to 0.105 at line of strong support. Given momentum of bullish market it is expected ADA to bounce off support line and aim for 0.12 target. I am not a professional, just a keyboard warrior who watched one too many YouTube technical analysis videos.

DIYfinance

Current uplift in price to result in consequential correction. This is assumed to be at around 0.105 at strong support which is possible time for buy in. Assuming current bullish market, ADA expected to bounce off 0.105 correction and aiming for 0.12 target as per fib line. I am not a professional just a keyboard warrior who watched too much Youtube.