!!BEARISH ATTACK!!Greeting from IRAN to all trading community 💙✔
Total market cap was moving through an ascending channel since 24th March
After a while of struggling, 1.8T dollar major level got broken and total market cap started an attack to reach 2T dollars
2T dollars got broken and green days came for cryptocurrency world
Total market cap has reached a new ATH (~2.2T Dollar) , after that we witness two other attack to this level which both was unsuccessful
Price made a (Triple Top Pattern) and BOOOOM
Bears got control of the market and dropped the chart to its major support level at 1.8T Dollars
It's time for bulls to bring back the market cap above the 2T Dollars
Use these RED DAYS for investing because better days in on the way ....
KEEP IT SIMPLE :)
Cryptomarketcap
Crypto Market Cap - $32 trillion in range! Gold in danger!It took the crypto market 12 years to achieve $1 trillion market cap on 6 Jan 2021 (BTC was launched on 3 Jan 2009).
How long did it take for us to double that to $2 trillion? 3 months (6 Jan to 10 April 2021).
What does this tell us? We are going exponential and this ride only started. Massive adoption is taking place at an unprecedented rate.
The first big question was if this large wedge in blue that we have created since Jan 2021 would break up or down... well, we have our answer now. We broke up and with it, we passed the $2 trillion market cap. 🙃
This is a very bullish signal given by pure price action. There is no fundamental analysis needed here, price is clear. We are going higher and fast.
At this rate another doubling of price will take us to $4 trillion or almost HALF the market capitalization of gold or three times that of silver!
Lets see how fast we double again, normally it should be in less than 3 months...
Where am I getting at? If we are to project a similar increase percentage wise like last bull market (2015-2018), the crypto market should top around $32 trillion. Impossible most will say. I think it's just a matter of time, if not this bull market, the next for sure.
Regardless, this is a clear indicator that BTC and the alt market have massive gains still to be had, so enjoy the ride, this party ain't over, it just started baby. The parabolic gains to come will make history.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
$XRPUSDT Ripple PT 2 and higher XRP Doubles in 7 Days, Heads for Biggest Weekly Gain Since December 2017
XRP, the digital token used in Ripple Labs’ payment network, headed for its best weekly performance in more than three years, after doubling in the past seven days.
Prices for XRP (XRP) are up 118% in the seven days through April 11, according to TradingView, using pricing from the Bitstamp exchange. That’s the biggest weekly gain since December 2017, when the token jumped 215% in a seven-day period.
XRP struggled toward the end of 2020 as Ripple faced allegations from the U.S. Securities and Exchange Commission that executives raised more than $1.3 billion through an unregistered, ongoing digital-asset securities offering.
But prices for the token have climbed six-fold this year as some traders looked through the SEC case and analysts saw bullish patterns in price charts.
Peter Brandt, an analyst with over four decades of experience tracking commodity markets, predicted last week that new all-time highs could be seen for the cryptocurrency in the coming months. Brandt identified a pattern in XRP’s weekly price chart that he described as a “possible inverted head-and-shoulders with a stunted right shoulder.”
The pattern “would indicate prices a boatload higher” to new all-time highs, Brandt, CEO of Factor LLC, tweeted Friday.
There’s a wide range of views on how to calculate XRP’s market value, due to questions about the outstanding supply of tokens.
According to the CoinDesk pricing page for XRP, the token has a market capitalization of about $140 billion. CoinMarketCap.com puts the “fully diluted market cap” at $140 billion, but the actual market cap at about $64 billion. Messari, the cryptocurrency analysis firm, puts the “reported market cap” at $52 billion.
Altcoin market cap analysiswe have been seeing altcoins and altcoin adoption grow rapidly since last year, I believe this year and altseason we are just beginning will be even greater than the first one back in 2018! we saw a 917% increase in market cap in 2018 and i think we are definitely going to see an altcoin market cap of 1 Trillion atleast! Because a lot more retail investors are interested in Altcoins rather than bitcoin and because this year and last year had the biggest increase of new crypto investors ever. 1T market cap seems very doable and i see that as conservative, once we do hit 1T which will be a massive milestone, i think we would see a lot of people, companies, institutions start to look at altcoins and realize the potential they have. That alone i think will send us even higher most likely to 1.5T and beyond! a rise to 1.5T would bring us a total 1096% gain and aprx 530% gain from right now. Nfa just my opinion!
Chainlink $LINKUSDT Target PTs 35-100 long term Chainlink Price Forecast: LINK primed for a 30% advance
Chainlink price struggling with short-term resistance at $32.00.
Whale transaction count registered a spike on April 2.
Topside trendline comes into play around $42.40.
Chainlink price trended sideways for more than a month and on below-average volume every day, but one. The price action in mid-February, early March, and now point to $32.00 being a psychologically important level. If the level is overcome, the altcoin should rally more than 30% in the coming days.
Chainlink price bottoming out versus Bitcoin
Data from ByBt.com shows that Grayscale bought 115,570 tokens for the Grayscale Trust from March 17 until April 1, which included a large 65,570 purchase last Thursday. Heavy buying like that gets the attention of market participants and may have been behind the 8% on April 2.
Santiment data showed that the number of mid and large holders owning 100-100k LINK tokens notably accumulated during March. Additionally, the so-called whales holding 100,000 to 1,000,000 LINK tokens increased 6% from April 1 - April 3.
The March high was $32.00, and that is the level that LINK has been struggling with over the last few days. A trade above $33.15 will confirm the April 2 breakout and set the stage for a quick advance to the February high at $36.92. The next target is the 2.618 Fibonacci extension of the August 2020-September correction at $40.53.
A 33% gain would accompany a rally to the topside trendline at $42.51, which was resistance at the February high and resulted in a rapid 40% decline. For now, LINK should not be reviewed as a trend trade but a short-term opportunity.
The first level of support is at the intersection of the rising trendline and the 50-day simple moving average (SMA) at $24.83, followed by the February 23 low at $21.00. The last gasp support level is the August 2020 high at $20.00.
Total Crypto Market Cap Looks like 2T+ could possibly be ahead,
Rising wedge might be forming,
Breaking out of that channel would validate a breakout
Both scenarios are still possible but in my opinions,
We have a lot of adoption in crypto right now, good things are happening a lot of money could possibly enter the crypto space.
DeFi is shaking the financial system offering unique high annual yields attracting liquidity by catching the eyes if a lot of big players!
Big institutions are getting involved
VISA for example is introducing USDC to their platform, this is in my opinion earth breaking news.
news.bitcoin.com
without mentioning influencers getting involved in NFT’s, artist my start selling art such as albums and paints. Sports leagues are getting involved..
A lot of money could potentially be made.
This is not financial advice,
Feel free to leave some constructive criticism,
Follow the money
9to5
$CryptoCap - time to prove your worth - alts to thrive?Previously we saw breakouts on this 'altcoin dominance' chart meant alts ran pretty damn well against BTC
E.g. DeFi summer 2020 where any coin with finance in its name would 10x
E.g. new year ape szn where 80% of coins 5x
I think the second example is not done yet though
Market just saw a massive correction in alts again and if this 1W candle holds the breakout and the 0.5 this cryptocap chart would suggest alts have momentum to grow against BTC
As BTC also looks decent - bull flag is brewing etc. this could be an explose couple of months especially when the DXY's track-record for April is poor
Time to find some plays on some alts by the looks of things
$3T Total Crypto Market Cap by April 5thSince January, a channel has been forming and the total cryptocurrency market cap seems to be bouncing from the top and bottom of the up trending channel. Hence, we could probably see a $3T total cryptocurrency market cap around April 5th since there seems to be a 43 days period between the peaks.
looks like the market will continue to grow. In my opinion we should hopefully shoot through red line. Then bounce off the upper resistance.(gold Line) leading to the market showing support at the previous resistance. If we go through the Gold triangle we will shoot straight through it. Im not seeing any resistance in that channel that should block upward movement leading the market to the top line as support.
TOTAL2 Price Discovery ContinuationCrypto Market Cap Excluding BTC is looking
very bullish.
Ichimoku is bullish as can be:
-Kumo cloud is green
-Tenkan is above the Kijun
-TK is above the cloud
-Lagging span is well above price and cloud
-No C Clamps forming calling for correction
-Tenkan as the first line of support of the
Ichimoku system was tested last week and
the price bounced off there beautifully
Moving Averages are looking bullish:
-MA7 (not pictured) acted as support well last week
-MA7 is well above MA30
-MA30 is above EMA100 both are curling up nicely
Volume these last few months have been huge.
If price closes here above $575B or even just green
in general it will confirm the positive retest
flipping the previous Jan 2018 All Time High
resistance to support and we should expect upward
price expansion to continue, first targets being
the Fibonacci retracement lines of
1.618 @$749.398B
2.618 @$1.19T
3.618 @$1.63T
4.238 @$1.902
I fully expect this market cap to grow
exponentially more than where we are now past
these fib lines for these coming years.
Especially considering how much attention
finally cryptos are getting by institutional
investors and the mainstream populous in
general realizing the validity in blockchain and
decentralization as the big technological
advancement of this generation.
This is just the beginning of worldwide eye opening,
media attention and exponential growth in this
market.
Allocate your assets accordingly.
Macro Trend on the Global Market Cap (excluding BTC)The last post was inaccurate.
According to this fractal, we could see another 40% growth before the panic selling begins. The fractal also shows us that this panic selling could begin in early-mid March. However, fractals tend to assume no external factors, such as mass adoption, could be at play - so take this with a grain of salt.
Crypto MarketCap (Bigger Picture)We Are Looking At Crypto MarketCap On A Daily Time Frame
A Clear Breakout to the upside probably shocked a lot of people, but the question is.
Will it find a support and continue to go up? Or is it an Up-Thrust Action After Distribution?? (UTAD)
*UP 640% since March 2020 Lows
*UP 68% after breaching previous ATH
Price Analysis & Targets:
BULL -> Finding Support @ around 110-115T --> Upward momentum can lead to 1.6T MCAP conservatively (based on previous price movements)
I believe that this Bull Run will CAP at around 3.5T MCAP Tops Before going into another Bear Market. (As much as i want it to go to 10T quickly, it would make sense and healthy for the market to take its time and stabilize a little bit in order to sustain itself. I am against over manipulation or pump and dump schemes because it ruins the natural growth of the market which can drive away future investors).
BEAR -> On the Other Hand, Breaking down the support level may confirm a UTAD movement and can lead to lower levels to fulfill the distribution pattern. This can bring the whole market back down to 700B.
Ripple law suit settlement may play a BIG role as to where we are heading short term. A crypto regulation may be underway which can be good or bad. But this is what we all have been waiting for, a regulatory clarity! Regardless of the outcome, it will be the key to drive out bogus projects and scams in the crypto space.
In my opinion, the market is still very early and still has a lot to offer. People are now realizing the potential of cryptocurrency as a new asset class. Wether they believe it is the future, use it as a hedge from this unprecedented time or to just speculate and make money on the side. Regardless, more and more money is influxing into crypto and i believe that this is just the beginning!
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CryptoTotallMarketCap ($)_WeeklyCrypto Total Market Cap is moving forward the midline of the specified upward channel.
Right now it is on the correction to about 800-815 level.
After that we will see crypto market cap continue the upward trend to these targets in midterm:
Target I : 1500-1595 $
Target I : 1900-1915 $
It will be about the mid of March 2021, except in the increasing Intensity and acceleration of the upward trend; we will reach the mentioned target in a sooner time.
#2/5 TCAP The actual correction of the Total Crypto Market Cap is only healthy in a bull cycle. There always is a correction, never forget that guys !
That aside, the way it looks i think we'll see some accumulation in the next 2-3 days and after that we should see the next rally back up at 1100B$
also, this chart is on the 2h TF so this is should only be used for short term decisions *NO FINANCIAL ADVICE THO*
See yall Tomorrow !