This could be ATH... or maybe not.
From a weekly perspective Olympus offers amazing growth. Another thing is the reality that occupies us seeing that in 4h the movement is losing some strength although we do not see the price fall either.
Two things will probably happen after this analysis: either the price goes up or the price goes down. As always. Serve this...
Olympus is an algorithmic currency protocol based on the OHM token. It introduces unique economic and game-theoretic dynamics into the market through asset backing and protocol controlled value.
How can I benefit from Olympus?
The main benefit for stakers comes from supply growth. The protocol mints new OHM tokens from the treasury, the majority of which are...
Apparently the price returns to touch the VMA after having made a triple low above $ 300.
What will happen now?
Will the movement be strong enough to end the month hitting $ 400 again?
We come from a sustained (and consolidated) correction movement that has been taking place since around the beginning of March and that in some way is a good consolidation...
It's less than an hour for the daily candle to close and we can see that it has broken the Fibonacci resistance level 1, about $ 3.50.
If in this daily view the apparently bullish movement that we appreciate consolidates, we will consider the new resistance zone between $ 5 and $ 5.50 (mark 1.618 Fib), matching the previous highs back in September of last...
Cardano has been stabilizing its price since near the end of February, oscillating between the 0.618 Fibonacci ranges and touching 1 a couple of times.
Right now the average price with volume marks a lower price (about $ 1.00 approx) although the price is still above, just at another important level (0.786)...
What direction do you think the price will take in...
We are currently facing a very important Fibonacci level as far as the historical price action is concerned.
In daily view we are above 0.786 before a notable momentum that already seems to be moving the price's value.
We have reflected the possible levels to take into account to operate.
In what direction do you think it will go?
Maintaining the harmonic line that keeps the price action by drawing the fibonacci lines we can deduce some of the following levels to take into account for the next three months.
In a broader daily view we see that the movement is gaining strength, waiting to resolve in the next few days to one side or the other. In both cases here are the levels of support.
With the current RSI level and in a weekly view we can get an idea of the next possible IOTA levels for all this year 2021.
What is your position? Do you see IOTA hitting $ 1.50 or will we return to lower levels due to overbought?
The truth is that Cardano has been on a spectacular rise since the beginning of the year. Right now and according to the idea we are in the middle of a fibonacci level of 2.618 since the last big drop that occurred in May 2018.
Since the RSI is quite overbought there is a high possibility that the pair will correct in the next few days. Let's hope it respects the...
Fantastic scenery in sight. From a weekly view the RSI would still have a few more weeks of bullish momentum, or not.
What do you think? Will we get to $ 4000 soon or do you think a correction in the markets is going to happen soon?
NANO - Next levels
We are halfway to reaching the immediate upper fib level, around $ 5.30. Apparently in a daily view we have come up strongly, coming out of that apparent triangle formation, which in a few weeks could take us to approximately $ 7.50.
In case of a downward correction, we would return to at least $ 4 per coin.