LUMIA | GOOD FUNDAMENTALSLumia is a good project, I want to get involved somewhere and blue boxes looks nice.
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together.
My Previous Ideas
DOGEUSDT.P | 4 Reward for 1 Risk much more if you hold it.
RENDERUSDT.P | HTF Accuracy
ETHUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
BNBUSDT.P | Accurate Buyer Zone Identification | High Risk Reward if you hold it.
Bitcoin Dominance | Great Characteristic Detection and Accurate Analysis
Altcoinseason
AVAX SWING LONG IDEA - ALTSEASON 2024-2025AVAX made a pretty parabolic move upwards, and unfortunately, it didn’t give us an entry from the bearish trendline break retest, which I was waiting for to initiate the trade.
Currently, the price seems to have lost its momentum. I believe we’ll see a retracement into the daily demand zone (blue box), which aligns with the equilibrium level of the entire leg up—making it a key level for me. This is the first entry zone, and I plan to initiate the trade there with half position size around the $35.5 level (purple scenario).
The second entry zone is $30.4, as this level is built from weekly demand and sits below the daily swing liquidity, where I assume a significant amount of sell stops are likely resting. If I were a market maker for AVAX, I would definitely look to visit and grab that liquidity before driving the price to new highs (black scenario).
I believe these zones are the last opportunities to initiate a swing long trade, as I anticipate crazy pumps soon that will likely push the price beyond these levels for good.
I will be holding this position as a swing trade.
Ripple’s Revival: Why XRP Could Lead the Next Crypto Bull RunThe cryptocurrency market is buzzing, and CRYPTOCAP:XRP is making headlines with explosive growth and renewed investor confidence. With recent developments, including Gary Gensler’s impending resignation, whale accumulation, a record-breaking futures market, and upcoming catalysts like an IPO and ETF launch, XRP is positioned for a significant rally. Here’s a comprehensive look at the technical and fundamental factors driving this momentum.
Whales on a Buying Spree
Whale activity has reached a fever pitch, with Ripple’s big players adding over 250 million XRP tokens during a recent market dip.
Key Transactions:
- 149 million XRP ($227 million) moved from Bybit to private wallets.
- 58 million XRP ($87 million) transferred from Binance to whale wallets.
- 20 million XRP acquired from South Korea’s Upbit exchange.
This accumulation reflects high confidence among institutional and high-net-worth investors, signaling strong bullish sentiment for XRP’s future.
Futures Market: A Record $2.5 Billion in Open Interest
XRP’s futures market is on fire, with open interest hitting an all-time high of $2.5 billion.
- Platform Highlights
- Binance and Bybit are leading the charge, showcasing heightened trader enthusiasm.
- Coinglass data indicates that XRP futures now represent 1.59 billion tokens in open positions.
This surge aligns with XRP’s 24% rise in trading volume and a price jump of 4%, with a 24-hour range between $1.31 and $1.54.
Regulatory and Strategic Developments
XRP’s bullish narrative is further bolstered by the following key events:
1. Gary Gensler’s Resignation: The announcement of the SEC chair stepping down in January 2025 has sparked renewed optimism among crypto enthusiasts, as it could ease regulatory scrutiny.
2. Ripple IPO & ETF Launch: Ripple’s IPO and a potential XRP-focused ETF in Q1 2025 could usher in institutional adoption on an unprecedented scale.
These developments are expected to drive further demand and push XRP prices higher in the medium to long term.
Technical Outlook: Is $20–$50 Possible?
XRP has broken through multiple resistance levels, gaining over 200% in just three weeks and trading at $1.44 at the time of writing.
The RSI is overbought at 85, suggesting a short-term correction may occur. CRYPTOCAP:XRP is trading significantly above key moving averages, maintaining a bullish structure. A retracement to the 38.2% pivot point ($1.20) may present an ideal entry point for investors. The MACD at 0.0559 highlights strong momentum, paving the way for a rally to $20–$50 in the coming weeks.
Broader Market Dynamics
CRYPTOCAP:XRP is outperforming its peers and gaining ground on BTC dominance. The XRP/BTC pair has doubled in value, signaling an upward trend as Bitcoin’s momentum slows. With a potential Thanksgiving rally and new monthly highs in sight, analysts are targeting $2 in the short term.
What’s Next for XRP?
While XRP’s current rally is impressive, its long-term potential lies in strategic developments and increasing adoption. With whales accumulating, the futures market at historic highs, and macroeconomic factors aligning, the stage is set for XRP to achieve new heights.
As CRYPTOCAP:XRP eyes key milestones like $20–$50, its resurgence is a testament to the strength of the Ripple ecosystem and its ability to capitalize on market opportunities.
The Sandbox ($SAND): Leading the GameFi and Metaverse RevivalThe GameFi and Metaverse sectors are roaring back, with The Sandbox ( NYSE:SAND ) at the forefront of this resurgence. After a prolonged downtrend, NYSE:SAND has staged a remarkable comeback, surging 292% in just over two weeks. Starting from $0.20, it touched nearly $1 before consolidating around $0.75, currently down 3%. This rally has reignited interest in GameFi projects, positioning NYSE:SAND as a key player alongside Decentraland (MANA), Gala (GALA), and Axie Infinity (AXS), which have also seen significant gains.
Fundamental Catalysts
Several factors underscore NYSE:SAND ’s impressive performance. On-chain data reveals a surge in daily transactions, reaching 11,597—the highest in the past week. This spike indicates growing investor confidence and heightened network activity. Additionally, the rise in exchange withdrawals suggests that long-term holders are moving their tokens off exchanges, signaling a bullish sentiment and reduced sell pressure.
The Sandbox ecosystem has also benefited from renewed interest in the Metaverse and GameFi sectors, as projects with tangible utility and strong communities attract capital during this market phase. This broader revival aligns with the resurgence of decentralized applications and virtual worlds, where NYSE:SAND remains a prominent utility token.
Technical Outlook
From a technical standpoint, NYSE:SAND has broken out of a long-term falling wedge pattern—typically a bullish reversal signal. This pattern had previously led to a 75% decline, but the recent 292% surge marks a significant recovery. The breakout has set the stage for potential further gains, with the next target at $1.40. However, caution is warranted as the Relative Strength Index (RSI) is currently in overbought territory.
A retracement to the 38.2% Fibonacci level could provide a strategic entry point for investors looking to capitalize on the next rally. This correction would be healthy, allowing NYSE:SAND to build a stronger foundation for its upward trajectory.
Broader Market Dynamics
NYSE:SAND ’s performance is closely linked to the broader cryptocurrency market, particularly Bitcoin ( CRYPTOCAP:BTC ). As CRYPTOCAP:BTC eyes the $100,000 milestone, altcoins like NYSE:SAND often mirror its movements. A sustained Bitcoin rally could propel NYSE:SAND toward its $1.20 target and beyond, especially as the GameFi narrative gains traction.
The recent surge in Metaverse-related tokens reflects a growing consensus that virtual worlds and decentralized gaming will play a crucial role in the next phase of blockchain adoption. The Sandbox’s strong fundamentals, combined with its active development and partnerships, position it well to benefit from this trend.
Investor Takeaway
The Sandbox’s rally is more than just a technical bounce; it represents a fundamental resurgence in the GameFi and Metaverse sectors. Investors should monitor key support and resistance levels, stay attuned to Bitcoin’s movements, and watch for signs of continued on-chain strength. NYSE:SAND ’s journey from $0.20 to nearly $1 is a testament to its potential, and the path to $1.40 and beyond could be within reach if the current momentum holds.
NEAR SWING LONG OPPORTUNITY - NEAR ProtocolNEAR is one of the strongest blockchains in crypto. The network has proven itself by being around for over four years and is currently among the top 20 coins by market cap. It’s also a project I follow closely and look for trading opportunities with.
Technical Analysis: Price recently hit the monthly demand zone, sweeping daily equal lows without closing below. This indicates a liquidity grab through a wick and a subsequent break of the bearish trendline responsible for months of downtrend. Additionally, a weekly demand zone was created as the weekly structure shifted to bullish during the breakout.
Currently, price is within the weekly demand zone and is at a discount level in the optimal trade entry area, within the Fibonacci golden pocket.
I’ll be opening some swing positions here, targeting the first bearish upper trendline and, ultimately, the weekly swing high as marked on the chart. Stop loss is set below the monthly demand at 2.350.
BNB SWING LONG IDEA - ALTCOIN SEASON - BNB CHAINBNB is one of the most stable coins in the crypto market. With Binance officially backing it, BNB is relatively safer compared to other altcoins.
Technical Analysis: The price hit and wicked into the monthly demand zone during the August 5th dump, showing a strong rejection and initiating an upward trend. This move established a weekly demand zone by breaking the weekly structure, and as it did so, it created a daily demand zone, which is a significant area for me.
Currently, the price is back into the daily demand and has reached the optimal trade entry zone according to the Fibonacci levels. I anticipate an upward movement from here in the coming days.
Targets: The initial target is $613-$619, with potential to reach the all-time high at $722.
Note: Watch out for the U.S. Presidential Election, as it may cause volatility with long wicks that could stop out positions.
FLOWUSDT Reversal Confirmed!FLOWUSDT technical analysis update
The price of FLOWUSDT has formed a triangle pattern at the bottom, with the 100 EMA acting as resistance for the past 150 days. Now, the price has broken through the triangle's resistance and crossed above the 100 EMA on the daily chart. In the coming days, we can expect a strong bullish move.
Altcoin Market Signaling Potential Bullish Run to $1 TrillionTotal Alt Coins Market Cap analysis update
After a significant upward movement in the market cap, consolidation within a descending channel or flag suggests a period of profit-taking and market indecision, though the overall structure remains bullish. The market is approaching the upper resistance of the flag, signaling the potential for a breakout. Once the breakout is confirmed, a bullish move can be expected. Based on historical price action and technical patterns, the next major target post-breakout could be around $1 trillion before end of 2024.
THETAUSDT Trend Reversal Confirmed !THETAUSDT TEchnical analysis update
BINANCE:THETAUSDT 's price broke out of a triangle pattern on the daily chart after 150 days of consolidation, accompanied by high volume. The price is now trading above the 100 and 200 EMAs, confirming a trend reversal. This breakout signals potential for further upward momentum, as buyers regain control.
Buy level: $1.60
Stop Loss:$1.25
Golden Cross kickstarts Altcoin SeasonExactly as I was predicting it would just as it did for total2, xlm, and quite a few other crypto charts recently. I expect the trend will continue. I will link the hart to the total2 cup and handle we seem to have confirmed the breakout from below. *not financial advice*
I bet you are not watching this chart of TOTAL3#ALTSEASON Update🚀
Let’s dive into some detailed alpha!
Take a look at this (Total3-USDT-USDC)/BTC chart. It clearly indicates that #Altcoins could bleed by a maximum of 20% further from current levels in CRYPTOCAP:BTC pairs. However, this doesn’t necessarily mean they’ll lose value in USD terms if #BTC continues to pump, which seems likely in the coming weeks.
Following this, altcoins are expected to start outperforming BTC and will likely peak when this chart reaches around 0.56, with another possible top at 0.91.
PS: The altcoin market is highly fragmented this cycle. Not every altcoin will pump equally or peak at the same time. However, overall, the altcoin market could potentially achieve a top near the 0.91 level, which represents a 3x increase from current levels.
POLY-MATIC Swing Long Idea - Altcoin SeasonMATIC/POLY is one of the leading Ethereum Layer 2 chains. We haven’t seen an ETH rally yet, so ETH-based coins (ETH betas) are currently underperforming. However, I recommend considering a small position to potentially catch an ETH pump, as these ETH-based coins have significant technical potential.
Technical Analysis:
The price ran the 2022 low and the 2021 March low, generating strong bullish momentum. The run on the 2021 March low is particularly significant because that low initiated the 2021 bull cycle for this coin. I believe this level represents the maximum pain point for MATIC, and most paper hands have likely exited after this level was swept.
Following this move, we observed strong bullish momentum, and a few days later, the weekly structure shifted to bullish, creating a weekly demand zone, which I have marked on the chart. Recently, the bearish trendline responsible for the downward trend since Spring 2024 was broken, and we also have a daily demand zone just below the trendline.
I believe the price may retrace to the daily and weekly demand zones, possibly retesting or deviating slightly from the trendline before taking off. This area also aligns with the Fibonacci equilibrium (discount) zone, which adds further confluence for a reaction from there.
I will look for LTF confirmations before initiating the setup.
SL: $0.27 (daily close below)
TP1: $0.78 (2x from the entry)
I plan to carry this position until the end of the 2025 altcoin bull cycle and will not take profits from this trade. However, I strongly recommend taking some profits while the price rises. My risk management strategy is unique and may differ from yours.
Altcoin Market Price Prediction ChartThis innovative chart provides a comprehensive overview of price predictions for the entire altcoin market. Leveraging advanced analytics and state-of-the-art algorithmic models, it highlights key trends shaping the future of this ever-evolving market.
Whether you’re an experienced investor or simply curious about the potential of cryptocurrencies, this chart is a valuable tool to anticipate market movements and refine your strategies. Stay ahead of fluctuations and make informed decisions with a clear and concise vision of the altcoin market's future.
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With our exclusive graph, learn to pinpoint the perfect timing to:
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No words, just data. 📈
Let the numbers and cycle speak and make smarter decisions!
Velas with BIG UPDATE: VELAS 2.0 IS A GAME CHANGER IN CRYPTOTechnical Analysis for Velas (VLX)
Velas 2.0 represents a significant upgrade to the Velas blockchain, enhancing its scalability, security, and user experience. This update introduces several key features:
Enhanced Performance: Velas 2.0 offers improved transaction throughput and reduced latency, enabling faster and more efficient operations.
Advanced Security Measures: The update incorporates robust security protocols to safeguard user assets and data against potential threats.
User-Friendly Interfaces: Velas 2.0 provides intuitive interfaces for both developers and users, simplifying interactions with the blockchain.
Expanded Ecosystem Support: The upgrade facilitates seamless integration with various decentralized applications (dApps) and services, broadening the Velas ecosystem.
Price Action & Trend:
Current Trend: The chart indicates that Velas (VLX) has been in a descending channel, with price movement within this range. It appears to be moving between resistance and support levels.
Resistance & Support Levels:
Key Resistance Levels: The resistance levels are noted at around 0.02700 and 0.02517, which have proven to be significant barriers in the past.
Key Support Levels: Support is identified in the range around 0.01400, with a consolidation zone suggesting strong buyer interest near this level.
Indicators:
VMC Cipher B Divergences:
The VMC Cipher B indicator suggests that price might be moving in a more stable range or could potentially reverse if further divergence is observed.
Currently, the signal is showing some signs of bullish divergence, meaning there might be a potential price breakout to the upside soon.
RSI (Relative Strength Index):
The RSI value is currently at 57.34, indicating that the asset is in the neutral zone. It is neither overbought nor oversold, suggesting that there could still be room for price movement in either direction.
If the RSI approaches 70 (overbought), it may signal a potential reversal downward.
Stochastic Oscillator:
The Stochastic Oscillator is at 57.26, which is also in the middle of the scale, confirming the neutral sentiment. If this indicator moves above 80, it could indicate overbought conditions, while a drop below 20 might signal an oversold condition and potential price reversal to the upside.
Current Momentum:
The ascending channel suggests potential upward momentum, particularly if price breaks the resistance level near 0.017971.
Market Sentiment: Given the announcement of Velas 2.0, there could be positive news driving the price surge, and with continued positive sentiment, further movement towards 0.02500 could be expected.
Trading Plan:
Bullish Scenario:
Entry: A break above the resistance zone of 0.017971 could be considered a signal for entering a long position. The next potential target would be the 0.02000 resistance level.
Take Profit: Set the first take-profit target around 0.02500. A second target could be near the 0.02700 zone, depending on market momentum.
Stop Loss: Place a stop-loss just below the support level of 0.01400 or the recent swing low to protect against significant losses.
Bearish Scenario:
Entry: If the price fails to break above resistance and starts moving back down towards 0.01400, a short position could be considered. Monitor the RSI and Stochastic Oscillator for oversold conditions as confirmation.
Take Profit: In the case of a bearish trend, aim for take-profit targets near 0.01195 and 0.01000.
Stop Loss: Set the stop-loss just above the previous resistance level around 0.017971 to minimize losses.
Neutral Scenario:
In a scenario where price fluctuates between the support and resistance levels, consider a range trading strategy. Buy near the support zone and sell near the resistance zone, using shorter timeframes for better entry and exit points.
Fundamental Catalyst:
The Velas 2.0 announcement is a key event that could lead to a potential price surge. Monitor any news or updates from the project, as these may drive the price upward, influencing both short-term and long-term movements.
This analysis and plan should be used to guide your trading decisions, but it's essential to regularly reassess the market and adjust your strategy accordingly, especially with the developments in the cryptocurrency space.
Quant finally waking up and joining the rest of the alt pumpLooks like Quant has broken above an inverse head & shoulders pattern with two valid necklines. The higher longer one having a higher breakout target of course. Based on the pattern unfolding on total2 chart right now as well as it’s impending golden cross, I’d say QUant reaching both inverse head & shoulders targets is highly probable *not financial advice*
A close up of the bullflag forming above c&h rimline on total2The red line is the rimline of the Total2 chart’s cup and handle pattern that I made a post about a few days ago and will link at the bottom of this post. I thought it would be a good idea to include a close up of this bull flag that is forming with that redline mostly serving as support here so it would be easier for people to see when the breakout from the cup and handle will be validated. Once we have solidified the red line as support long enough we will validate the breakout from the cup and handle. One thing that will greatly increase the probability that w will validate that breakout is by first valdating the breakout up from this smaller bullflag pattern that has been forming here, you’ll notice that we are also about to have a golden cross (when the orange line crosses above the blue line ). We are now just one to two days away max from that cross happening and I would not be surprised if the pump up from the bullflag that validates it’s breakout occurs the same day the golden cross occurs, as I have already seen that happen immediately on the golden cross in two other chart recently, and it usually tends to do so once we have entered the parabolic phase of the bull market. If we do we will simultaneously validated both the breakout from this bull flag and mostly likely validate the breakout from the more macro timeframe Cup and handle pattern as well. I will link the chart I posted a few days ago showing the full cup and handle pattern down below. We’ve already seen a slight bit of a precursor already in the market but once the cup and handle validates its breakout, it is officially alt season. *not financial advice*
AVAX SWING LONG IDEA - ALTCOIN SEASON 2024-2025AVAX is one of the most well-known coins, backed by strong fundamentals. I believe it will perform well during the 2024-2025 bull run.
The price is currently coming from a monthly demand zone, showing solid rejection and strength. It has also broken the diagonal trendline that signaled the previous bearish trend. Both weekly and daily momentum are strongly bullish, further supported by Bitcoin's strength.
I expect a retracement to the weekly demand zone and the maximum discounted area, with a possible retest of the broken bearish trendline. From there, I anticipate a move up toward the targets.
LTF confirmations will be needed to initiate the trade.
XRP Prediction Price Breakout & New All-Time Highs? In this video, we dive into an in-depth analysis of XRP's recent price action and what might be in store for the future. XRP has surpassed our initial price targets, breaking out of previous resistance zones and showing strong momentum. With this bullish move, XRP is now setting up for new, higher price targets, and there's a growing possibility that it could reach or even exceed previous all-time highs!
In today’s analysis, we’ll cover:
- Key support and resistance levels to watch
- How XRP's price expansion aligns with market trends
- Potential targets for XRP as it eyes new highs
👉 Subscribe for more XRP and crypto analysis, and turn on notifications to stay updated on the latest market moves!