Ocean Protocol chart is interesting; a strong upward impulse wave followed by a corrective wave. The correction is unfolding in a descending channel. After price bounced from channel's lower line, an upward wave started, then again OCEAN's corrective is unfolding in a minor descending channel. Let's see if OCEAN can reach the upper line of this channel, or even break it.
Arweave is a decentralized storage network that offers a platform for the indefinite storage of information. Anyway, after AR broke the major downtrend line. it went down further, and now it seems AR wants to break the minor downtrend line too. Let's see what happens.
SPACE ID is all in one domain manager for web3. It is a newly started project and there are not enough candles to see the big picture. Anyway, there is a downtrend channel in which price is descending. If this channel breaks upward, there is a possibility of an impulse wave. Let's see what happens.
GT Protocol is one of the new member in the group of AI coins. They say that GT Protocol's robust ecosystem merges an investment protocol for decentralized Web3 funds management with Blockchain AI Execution Technology. Anyway, GTAI chart is young and few candles are there to analyze. But, GTAI's chart seems promising. Let's see what happens.
AITECH is a deflationary artificial intelligence token for the Solidus, which is a state-of-the-art High-Performance Computing (HPC) Data Centre spanning over 8,000 square feet. AITECH token will serve as a payment gateway for licensing Artificial Intelligence as a Service, Blockchain as a Service, and accessing HPC resources via their Infrastructure as a Service...
The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS. GRT has a high growth potential and should keep an eye on it. It seems the downtrend phase is ended; after an upward impulse wave started price entered a corrective wave in a triangle-shaped pattern. Let's see if price can break this triangle.
LOKA is a play-to-earn blockchain-based online strategy game. Like most crypto game projects, just after a minor upward wave due to the release of the project, LOKA was mostly in a downtrend phase. LOKA very recently broke the major downtrend line, and its trading volume also significantly went up. Let's see what LOKA can do.
Maker chart is interesting and odd at the same time. A rapid ascent followed by a slower correction that reached the bottom, making a big triangle form. MKR broke both the major and minor downtrend lines, and it seems posed for an upward impulse wave. Let's see what happens.
Illuvium is an open-world fantasy battle game. Like many crypto-based games, ILV was also in a downtrend for a long time, almost since birth. Recently, ILV broke the major downtrend line, went up, then made a downward correction that seems a double bottom pattern been made; and now breaking the minor downtrend line too. Let's see how up this upward wave can go.
Vechain analysis is simple; an upward move followed by a corrective downward move which came down in a channel. Then the price broke the downtrend channel and it seems the next impulse wave has started. Let's see what happens.
After Conflux broke the long-term downtrend line, it made a huge rise. Now, CFX is in a correction phase which seems to unfold in a triangular pattern. Let's see when CFX breaks this pattern.
PEPE is a meme coin launched on Ethereum that gained popularity and resulted in high-volume trades. If Pepe maintains this high-volume trade, future growth will happen; most probably. Currently, Pepe is in a downtrend move and has to wait for the price to break the downtrend line. Two possible scenarios are depicted on the chart. Let's see what happens. P.S. PEPE...
NEAR Protocol is a cloud computing layer-one blockchain platform that provides useful features. It seems a big harmonic pattern has ended as price broke the downtrend line. Still, there are two lines that price needs to break upward in order for the uptrend to be confirmed. First is the minor downtrend line and second, and more important, is the horizontal...
Jasmy, one of the most popular coins in Japan, has been progressing silently. First, breaking the downtrend pattern and then starting an upward move. Now, we have to see if Jasmy can break the horizontal resistance area in front of it.
Theta is another great project in the crypto market that has grown significantly. The impulse wave is followed by a corrective wave which seems finished at the 0.5 Fibonacci retracement. Now, Theta is trying to break the first downtrend line. Also, Fibonacci time analysis suggests the end of this corrective wave is near. let's see what happens.
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...
Toncoin is a powerful decentralized layer-1 blockchain that previously belonged to the encrypted messaging platform Telegram then taken over by "The Open Network" foundation: TON- although as they claim. Also, the project is new but was able to maintain itself among the top 30 coins by market cap and having high trading volume. Anyway, TON price is currently in a...
If we look at the Rose behavioral patterns, it looks like a sinusoidal wave in which the amplitude is increasing logarithmically. So, doing simple math, when the next sinusoidal wave starts it has to go up about 2000% 😵 What do you think?