Ondo is a decentralized finance protocol, aiming to democratize access to institutional-grade financial services such as lending. The ONDO token is a governance token within the Ondo Finance decentralized autonomous organization (DAO), granting holders specific rights. Anyway, ONDO analysis is straightforward; an upward move, followed by a correction, and...
Threshold Network is the first-of-its-kind outcome of combining two decentralized protocols — NuCypher (NU) and Keep Network (KEEP) — to give its users complete security and anonymity. Threshold Network is inspired by Keep Network's structural features and NuCypher's privacy aspects. Anyway, Threshold went down right from the beginning. Then, Threshold broke the...
NKN or New Kind of Network, is a network that focuses on creating a decentralized and open-source network protocol for public blockchain-based peer-to-peer (P2P) networks to share network bandwidth and internet connectivity. Anyway, after NKN went up more than 8000%, correction started which toke NKN down to the major horizontal resistance area. NKN oscillated...
DOGS is another viral Telegram game which gave users DOGS score based on their Telegram account age, and some easy tap tasks. Anyway, DOGS is still young, and long-term analysis is not possible. However, on the 4H time interval, it seems that DOGS is moving down in a descending channel. Let's see when DOGS break this channel.
Kava is a Layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum. Anyway, at the beginning, KAVA's impulse upward move toke the price high—almost a 2000% rise. Then a correction started, a slow one, which toke the price down to the lowest low, and it seems a big harmonic pattern has formed. KAVA has started...
Polkastarter is a decentralized fundraising platform, empowering Web3 projects to launch and raise funds through multichain token pools while significantly growing their communities. The platform supports initial DEX offerings (IDOs) across major blockchains, including Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche and Celo. Anyway, besides the...
Since the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There...
USD Tether, or USDT, came into existence as a digital version of the U.S. dollar, and it succeeded. USDT is pegged to the U.S. dollar and is the top and most used stable coin in the crypto market. USDT is also being used for transferring money or other means of payment, although mostly in the crypto market. Many others tried to capture a piece of this huge market:...
Shiba needs no introduction, a so-called quick-become millionaire meme coin that many still believe in. Anyway, SHIB has been oscillating in a sideway channel. Currently, price is at the bottom of this channel and posed to break the minor downtrend line. Let's see what happens.
XEN Crypto, like many crypto project, been in a downtrend move since the birth. However, XEN's price behavior have changed in the past 2 months and significant growth occurred. After the upward impulse wave finished, price entered a corrective wave which unfolded in a downtrend channel; Now, it seems price may breaks this channel. Let's see what happens. Note;...
JUST is a decentralized finance ecosystem built for the TRON blockchain. It is a decentralized stablecoin lending platform known as JustStable in which users can deposit supported collateral tokens and then mint and withdraw USDJ. Anyway, JST behavior is straightforward: an upward phase followed by a correction phase, which ended at 0.618 Fib retracement. After...
Dogwifhat is just another Dog-themed meme coin, this time with a hat; literally. Anyway, WIF got the traders' attention and thus trading volume went up, a lot. As a result, WIF's price went up too. Then, correction started, and it seems WIF is moving in a descending channel. Let's see when WIF breaks this channel.
In relation to technical analysis, Chiliz is awesome in a weird a way! First, consolidating in a triangular/boat like zone, then bursting upward. Next, enter a corrective phase in a downtrend channel. Could it burst again upward reaching Fib level 1 making ABC pattern in which A=C? Only time will tell. Let's see what happens. P.S. the middle of the triangular...
Besides Elon musk's games and ploys on Dogecoin, this coin has some room for growth; at least based on technical analysis. If we look at the chart there is a big and wide upward channel, and price is approaching the bottom of the channel. Also, Fibonacci time analysis shows the end of the current downtrend wave is almost near. Let's see what happens.
Solana needs no introduction as this coin has already proven to be on many people's popular lists. Besides its high-volume trading and great features, its technical analysis is also interesting. After Solana's upward wave finished, a corrective wave, a long one, started. Now, it seems the corrective wave has ended at 0.5 Fibonacci retracement. Also, the correction...
LINK doesn't need any introduction; it has a great project, a great community, and has also given great growth. It seems the corrective wave has ended at 0.382 Fibonacci retracement and now the price is about to break the consolidation triangle-shaped area. Let's see how things unfold.
Notcoin with the slogan Probably Nothing, started as a viral Telegram game that onboarded millions of users around the globe into web3 through a tap-to-earn mining mechanic. Anyway, NOT is still young, but the signs indicate a bright future. NOT started with a downtrend move that turned into a small scissor pattern. Then, NOT broke this pattern and went up....
Optimism is a layer-two blockchain on top of Ethereum which uses Optimistic Rollups to scale the Ethereum ecosystem. The project is new and there are not enough candles to draw the big picture. But anyway, it seems a triangle pattern with ABCDE waves is forming, so have to wait and see when the current corrective wave end and ride the 5th wave to the top. Let's...