Skale (SKL) is an ultimate skaling solution for ETH. Basically, it should make a competition of $ADA, $BNB, $SOL with Ethereum obsolete. Therefore, we expect it to make big multipliers in the near future. With Solana market cap one SKL would equal 37 USD. Given, that the current growth of markets continue we may witness this price already in December.
1. MA50 if likely to only touch MA200 and not crossing it.
2. If it crosses and daily closes above 47k we won’t see the dip to 42k as anticipated.
3. The volume is slowing down which signals a trend reversal
4. RSI is likely to touch 30 before the run to 100k above continues
5. We have two ways straight to up or 41k and then up, we anticipate for later to...
LTC has a robust dev team and for years has followed BTC in price development, while in usability by many has been superior to BTC. Yet not in terms of security. However, LTC only touched its previous ATH (2018) during this bullmarket. Expecting it to do new ATH rather soon with 1,5k peak out levels.
There is big pullish flag in H4 and D1 views both BTC and USD pairs.
SKL aka SKALE is the scaling solution for WEB3 apps on Ethereum. Imagine the Ethereum security and ecosystem with infinite scalability. Basically, $SKALE can make $SOL, $AVAX, $ADA and $BNB competition with ETH obsolete. SKALE mainet is out and projects are already building on it. So we are massively bullish on this project.
Here is a macro view with major...
Hedera Hasgrahp governing token $HBAR is arguably one of the most undervalued tokens:
- Cutting edge technology
- Highest transaction throughput
- Currently having most real use case transactions
- Onboarded around 40 multinational corporations and foundations to run validators
Above are just some UVPs Hedera has over other cryptos.
Last, in spring, $HBAR took...
We looked back to history in 1W view.
We looked into growth % from last ATH to next and the days in and between.
Then we compared the previous ATH points to predict the next ATH point in the logarithmic price scale.
Therefore we set our next target for BTC ATH to 277k before a bigger trend reversal to bear market.
We expect BTC to hit this target by the...
XLM, in my opinion, belongs to the top 3 cryptos.
It is decentralised, robust and has a high speed. Recently chosen by the Ukrainian government also after 3-year evaluation as a platform to build their national currency. So I'm strongly bullish for Stellar $XLM, and my analysis might be biased while I try to keep this neutral.
Why is XLM bullish?
1. H8 XLM...
Trend analysis and ideas based 2017 price rally. IMO BTC is very early in this bull market; thus 1-2 weeks correction of 38% is much needed for price rally to continue. In 2017 we witnessed over 6 times 1 to 6 weeks correction trends with 30-38% drop in price. Thus in this chart, 38% looks like a sweet spot to hit within the next 10 days. New bull cycle starting...
$XLM recently surged through earlier major resistance line, which according to polarity is now major support line.
Bitcoins recent drop caused $XLM to hit its major support line. There is a possibility of Head and Shoulder form, which would predict a breakthrough of the current major resistance line leading to new ATH.
Share your thoughts in comments.