Dot looks ready to follow other L1s with a big pump. Entering the key zone, if price flips to support then another 40-50% is possible. Parachain auctions are coming soon and this could be the catalyst for new ATH.
Did really well on that inital QI pump and now looking for a second leg up. Hard to say this is the bottom or not as the project is new and bottoms can be hard to find on that first drop, but at the very least this looks like a decent R:R area for a bounce.
Sol has obviously had a major run up buy attention has move away to AVAX in the short term. Would like to see SOl bounce out of this flag at support or we could be heading to next level down.
Ray could be considered quite undervalued in terms of transaction volume vs marketcap when comparing against other swaps. At the moment, hoping for a bounce off of this previous support level.
Looks like COPE might be ready to go again. If this double bottom completes then I expect around $6. Not sure exactly what COPE does, but it's a good one for me to hold for Solana ecosystem airdrops.
Efinity is one of Coinlist's newest projects to be released. A purpose built chain for NFT's destined for Polkadot at some point, I'm guessing they will try and get a parachain slot in the upcoming auctions. This chain is built by the team over at Enjin which are responsible for much of the NFT token standards currently pumping pixelated jpgs. Overall seems...
If this is a correction for this most recent move up, then I believe we hold the red line and possible even the current level. If not then I'd guess we are correcting the entire move up, in which case something around 42-43k seems reasonable. We did have multiple bearish divergences on the daily, so there is potential for a large correction over the coming...
So I'm just going to post this here so I can push the play button on this chart in a few months. No need for any technicals on a token that's hours old. Bullish though as they have strong backing and could develop into the Aave of the avalanche ecosystem.
Radix is a new L1 project which claims to specialize in being able to support defi products and has a specialized consensus mechanism to accomplish this. Without getting into the weeds, it's supposed to be very fast and cheap to use. There are some interesting videos if you're interested in the more fundamental side of this project. I'm interested as the chart...
RSR certainly has a lot of news that looks bullish now. Seems Greyscale have been accumulating a very large bag, mainnet is apparently around the corner with good adoption in South America, and the Coinbase would most likely follow. Chart looks good as well although short term, I'm expecting a pullback as the RSI looks a like H&S. So an RSI reset to around 50...
ORN recently launched on Coinbase and had a nice runup preceding it. As usual with CEX listings, price dumps shortly after going live. ORN now looks to be consolidating in what I believe to be an accumulation area and if BTC does not collapse, the next leg up for ORN should come soon.
Launch of the Woo Exchange is a matter of days away. Chart looks a little iffy though and a couple of levels on the LTF need to be flipped for me to feel better. Could certainly see the launch being priced in and a sell the news event occurring if these levels aren't flipped soon. Ultimately though, Woo has a very nice concept behind it and if market remains...
RAMP currently looks like a lot of other alts. At previous resistance levels. Possible for another small pullback similar to yesterday, but if/when this current resistance is flipped, a couple of nice targets I'm looking at
If / when LIna flips this resistance, it's another 40-50% until the next significant level. Lina is my synthetic exchange of choice. Fees are much much lower as it runs on BSC and it's fast and easy to use.
Bitcoin has been printing green candles on the weekly for a few bars now, but has reached a confluence of significant resistance. Trendline, Horizontal level as well as 0.618 fib. Flip this area and I believe the bull case is much more clear, but I'd imagine it won't happen in one quick pump. Caution is probably wise here.
Phala are already live on KSM. Currently the primary privacy project in the DOT / KSM ecosystem and could be one of the main crosschain cloud compute platforms in the future. Chart also looks bullish. Massive consolidation triangle on the daily, and the RSI has broken resistance. Some bullish news could be on the horizon as well regarding partnerships.
Looks like wave 3 complete and waiting on wave 5. Fundamentals on this one strong, but a token unlock is on the horizon at the end of August. From what I understand the unlock is spread over several months and happens once a week which should hopefully ease the dumping. Hoping to get this 5th wave in before the unlock.
Consolidating in bull flag pattern. Insurance for insurance companies. Lots of partnerships and backed by Kucoin and OKex.