ADA has a few more months of pain! I see it dropping down into the $1.20s and possibly testing $1.00 or below. There is no reason for it to go up further because 1) No positive news and 2) it exploded in growth during 2021 and is still retracing. Long-term, I am concerned about Cardano's interest in Africa. Growth in the crypto space and adoption is much more...
In my previous analysis, I thought that HOT would reach $0.02 by the end of 2021. That won't happen. However, I think the latest market correction is coming to an end for most (not all) crypto. HOT is a great project with a lot of exciting activity planned for 2022. The 2021 HOT mark up saw price reach $0.03. The distribution phase ended in July, bottoming out at...
Web 3.0 is the emerging paradigm of the Semantic web, where there is no central authority or gatekeeper. Whereas Web 2.0 was propelled by advances in social networking, mobile internet access, and cloud, Web 3.0 will be defined by advances in edge computing, decentralized data networks, blockchain, AR/VR and artificial intelligence. Web 3.0 is only just coming...
Upward thrusts/bounces are getting weaker off of the $1.20 support 2-day candle wicks are becoming more bearish Crypto and wider financial markets are turning bearish MFI remains bearish Price break down below $1.20 is coming soon Expect a potential drop down to the $1.00 area
Bitcoin and alt coins are in a bearish correction. A classic double top (M) has formed. The neckline is around $33,000. This level will be tested; price will likely break below into the mid-to-high $20,000s. I suspect many buyers will jump back in at this level; however, increasing interest in alt coins may diminish the speculative appeal of BTC, preventing a new...
Trading View attracts a lot of people who select their indicators and patterns so as to confirm their upward biases, which always favor their bank accounts and those of their followers. A TV user's reputation is not based on being right but stimulating their followers positive emotions for likes and follows. Negative comments on or bearish outlooks on TV are...
EXPI is trading in the low $30s after reaching a recent high of $55. Macro sentiment is bearish. However, EXPI has reached a major support zone and one-day MFI is improving. I think there could still be some near-term pain caused by macro and RE industry news (unrelated to EXPI fundamentals or business operations). However, a bounce to the high $30s, back to the...
At this point, it's likely a good time for many to DCA. Ada bounced off its support zone and the whole crypto market is taking a bit of a breather. Good macro or Cardano news could produce a strong upward movement and jumpstart the Ada bull. However, there is a lot of uncertainty in global markets, which is spooking investors. Crypto is definitely gaining adoption...
I think EXPI is done for the year! I image a lot of holders will sell some of their position to offset 2021 gains. I was bullish on EXPI up until recently and thought that some of the indicators would flip but there's too much negative sentiment in macro and RE specifically. I think EXPI will dip into the $20s and rebound from there. EXP is a promising company and...
ADA has no reason to pump. It was up 21x in 2021. It's another blockchain that claims to possess the power to save the world but has achieved effectively little. No major news, nothing actually being built on Cardano that warrants its market cap. Other projects have much greater potential for 10-20x gains and less downside risk. Potential reward for investing (not...
Crypto Could Destabilize Nations, Undermine Dollar’s Reserve Currency Status....push it to $100K
Work in Progress: Holochain 0.1.x HDK Release Element Chat in public alpha HoloFuel Transactions pre-release Publish hApps prerelease HoloPort registration Great progress is being made! Holochain is truly an alternative to blockchain and not just another derivative. This gives it real market value. Why Holochain is great? A fundamental...
This next holo pump should see it go to around $0.05. This is a hidden gem worth holding on to.
I think REN is getting ready to move back towards the $1.30 area. The 4hr indicators suggest upwards movement.
I'm feeling more confident that REN will test its ATH fairly soon. It's more bullish right now than the other cryptos. However, I will take profit as and where I can. I'm not aiming to cash out at any potential top. Obviously, REN's price movement is highly correlated to Bitcoin and certain macro factors...
EXPI is rebounding off of its July low. MFI is increasing and expectation of strong earnings release in early November will fuel price movement into the $60s.
I was pretty confident a few days ago of up a break upwards. It happened, more than I anticipated, reaching $1.175. Now, I am less sure of what happens next. There are contradictory trading signals and trends and the macro environment is leaning negative. This is a wait and see moment for me.
It looks like Ren is bouncing between the ascending trend line and the 2hr 50 day-EMA. I expect a few days of consolidation and then a move up. Negative macro news could negate this.