Positivity
Filecoin Crashing Hard – TOLD YOU SO!As I type this, filecoin is crashing hard and has formed a clear double top on the hourly chart.
I have been the only one warning you about thit shit show of a garbage shitcoin and now I can say: I TOLD YOU SO.
Filecoin: REJECTED AGAIN! 90% crash imminent?Filecoin: REJECTED AGAIN! 90% crash imminent?
Here are the reasons for why filecoin is a shitcoin that will drop to $0.10:
1. Despite an extremely bullish cryptocurrency market, filecoin price has remained extremely bearish. This is a huge red flag.
2. Price was $230 in 2021 but now barely $6, which means ppl selling more than buy.
3. Many ppl expect filecoin to pump, which is why it won't.
I expect 90% crash in near term!
Another Brutal Filecoin Rejection: Crash Imminent!Another Brutal Filecoin Rejection: Crash Imminent!
The chart speaks for itself. Every coin has done 500% minimum but filecoin can't even 1.5x in ultra bull market conditions. Extremely weak!
Filecoin rejected AGAIN - 80% crash imminentFilecoin rejected AGAIN - 80% crash imminent.
When a coin such extreme weakness in extreme bull market, it is very bad sign and it makes it much likelier that the coin will crash severely, ruining every bull in the process.
Filecoin is a great example of an extremely weak coin. It was $230 and now barely $5. Buying this coin make no sense, it's going to $1.
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS.
While most other DePIN projects have pumped, Filecoin has failed to do so.
It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance.
It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction.
If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!).
Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000.
I expect another 80% dump for Filecoin!
WARNING: Imminent Filecoin CRASH! $0.10 is nextWARNING: Imminent Filecoin CRASH! $0.10 is next
One of the WORST charts in the entire history of cryptocurrencies and assets in general. This SHITCOIN was $230 and is currently trading below $5.51 and has extreme trouble overcoming a MINOR resistance while the shittiest of shitcoins have seen 1000% rise in the past week alone. Filecoin being such extremely weak in an extremely bullish market is a HUGE WARNING SIGN. I am sorry, but if you bought this coin above $15, you will never even break-even, let alone make a profit. Even if bitcoin goes to $1,000,000, I highly doubt filecoin will be over $15.
Big SHITCOIN. Avoid!!
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
Filecoin Double Top: $0.50 nextFilecoin has proved itself to be a shitcoin. Every DePIN coin has pumped massively, but Filecoin has been left behind. This is a very bad sign. The daily chart shows a double top pattern. I think Filecoin will drop 90% and go below $1 soon. It's quite sad because some people bought this coin for $200 or higher. They basically lost 100% of their investment with no chance of recouping even 5% of it.
Dejitaru Tsuka: $777 Before 2030?I'll spare everyone the 1,000 word essay but within my chart, you can clearly see why I am massively bullish on this cryptography project. I've been waiting for over a year for the current dip to manifest and I've tried to warn people the whole time, but sometimes emotions (and FOMO) get the best of us. If you're looking for the next great crypto offering, look no further. I would not advise anyone to buy it above $0.01, but it'll be a crazy ride when the time is right. Tsuka is surely the one.
Level by level killing useless coinsWe are in a different era for the crypto industry. Although some meme coins pop up time to time, the market struggles to get new money. CRYPTOCAP:TOTAL3 shows the total crypto marketcap excluding BINANCE:BTCUSD and BINANCE:ETHUSD . We can see that the price established levels and is struggling to move upward. This means that the players need to select useful projects and rotate money to catch up the big moves. Thus, whenever we loose a level, useless coins loose big percentages (10-20%). For now we are holding this big support zone, loosing this zone means that crypto exchanges are going to delist your shitcoins. Be selective when building the long-term bag.
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Bitcoin Just Died: sub $15k incomingIf Bitcoin loses FWB:25K , the bear market will be renewed for another 430 days.
The last time bitcoin lost critical FWB:25K support, it took 270 days to get back above it. The last time bitcoin lost FWB:25K support was 430 days ago.
If FWB:25K does not hold, sub $15k is extremely likely and we may not get back above FWB:25K until November 2024.
ETH The Potential Downfall of EthereumThe recent developments involving a giant whale associated with Vitalik Buterin depositing a significant amount of 2,013 ETH to OKX, combined with Ethereum Co-Founder Vitalik Buterin expressing concerns about the security of over $40 billion worth of staked ETH, present potential reasons for a decline in Ethereum's value.
The deposit of such a substantial amount by a prominent figure like Vitalik Buterin's associate raises questions about market dynamics. It could imply a potential sell-off or a lack of confidence in the future performance of Ethereum. Large-scale transactions like these often have a psychological impact on investors and traders, potentially leading to increased selling pressure.
The expressed concerns of Vitalik Buterin regarding the vulnerability of over $40 billion worth of staked ETH highlight potential security risks within the Ethereum ecosystem. Such concerns can erode investor confidence and create uncertainty about the overall stability and reliability of the Ethereum network. If investors perceive Ethereum as susceptible to theft or hacking, it may lead to a loss of trust and a subsequent decrease in demand for the cryptocurrency.
When a co-founder of a project raises concerns about its security, it can generate negative sentiment among the community and wider market participants. This negative sentiment may result in increased caution or even withdrawals from staking, further impacting Ethereum's price.
My Price Target for ETH Ethereum is now $1750, close to the 200 Moving Average on the Daily Timeframe.
Looking forward to read your opinion about it.
Meme Coins VS Web 3.0 Cryptocurrencies !I'm writing this article during the crypto selloff, almost as a joke, taking inspiration from the story of a trader who purchased a cryptocurrency known as SAFEMOON, basically a shitcoin:
After remaining inactive for a period of two years, a significant whale recently sold 10,000 BNB tokens at a price of $230, amounting to $2.3 million.
What's interesting is that this particular whale was previously involved in the SAFEMOON cryptocurrency and managed to generate a substantial profit of 110,000 BNB tokens, equivalent to $47.5 million at that time, with an initial investment of just 10 BNB tokens, valued at $2,400 back then.
So he made $47.5 million with only $2.5 thousand invested, and now the project is dead!
I remember this SHIB signal back in the days:
I still consider it worthless, even if i bought it back then.
I don't see any difference between SHIB, SAFEMOON, FLOKI, KEKE, and other crypto projects that are solely based on a community rather than focusing on developing the infrastructure of Web 3.0, similar to larger projects.
There`s no intrinsic value in any of those.
But opportunities will come!
SHIB Shiba Inu Whales are Selling !If you haven`t bought SHIB here:
Or sold it here:
Then you should know that another notable transaction was reported on June 9 by Blockchain tracker Whale Alert, involving the transfer of 4 trillion Shiba Inu tokens to Binance. This transfer, worth $31.7 million, incurred a minimal fee of only $1.78 before the price of Shiba Inu experienced a decline.
Following the transaction, there have been various reactions from market participants, with some highlighting that it resulted in a 1% increase in Shiba Inu's circulating supply to 578.9 trillion tokens. It appears that whales are engaging in selling activities.
My price Target for SHIB is $0.00000500.
Looking forward to read your opinion about it!
Why is APEcoin still in Top 100 Cryptocurrencies?!?!If you haven`t read the APE Coin Growth Thesis:
Then you should know that APEcoin's current market cap of $2.3 billion and its position within the top 100 cryptocurrencies seem overinflated and unjustified. The project's reliance on non-fungible tokens (NFTs) raises concerns about its intrinsic value and utility within the broader crypto ecosystem.
Unlike other cryptocurrencies that offer tangible benefits, APEcoin's NFTs fail to provide significant value. While NFTs have gained popularity, their long-term sustainability and practical applications remain questionable. APEcoin's NFTs lack a compelling narrative or clear use case that would justify its market capitalization.
In contrast to APEcoin, top-ranking cryptocurrencies have solid underlying fundamentals, offering functionalities such as decentralized applications, smart contracts, or efficient cross-border transactions. APEcoin's limited value proposition puts it at a disadvantage in the highly competitive crypto market.
Considering these factors, a market correction or revaluation for APEcoin appears likely. A more realistic price target of $1.04 is in line with its current value and potential market demand.
Looking forward to read your opinion about it.
TRX Potential Death Spiral similar to Terra LUNAHistory repeats itself for those who haven't learned from it.
SEC Charges Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations.
Eight celebrities also charged for illegal touting of Sun’s crypto asset securities. But let`s say the market doesn`t care about he Securities and Exchange Commission lawsuit, like we can see reflected in TRX price right now, but...
The reason for the potential collapse of TRX Tron is their stablecoin, USDD.
According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX , BTC , and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%.
This is the USDD collateral:
TRX 10,929,535,279
BTC 14,040.6 = about $313Mil
USDT 29,964,253
USDC 39,719,839
so besides TRX , the total amount of other collateral is $383Mil for a stablecoin that has a mk cap of $724Mil.
Now let`s say TRX drops to the Covid level of $0.0072, which is not unrealistic in my opinion.
Then the TRX collateral of 10,929,535,279 coin will be worth $78,692,654.
Assuming that BTC won`t go lower, then still the liquid collateral of USDD will be around $462Mil for a mk cap now of $724Mil, which will result in a huge depegging od the "stablecoin".
Looking forward to read your opinion about it.
PEPE Coin | A Whale Sold PEPE at 52% Loss !A substantial loss was incurred by a whale who sold over 400 billion PEPE tokens at a 52% loss. The sale involved the transaction of 468.5 billion PEPE tokens, in exchange for 109 ETH valued at $190,000 and 237.5 thousand USDT.
The unfortunate outcome of this transaction left the whale with a significant loss. On May 9, the whale withdrew approximately $890,000 worth of PEPE tokens from the KuCoin exchange.
In my view, there appears to be a significant downward trajectory ahead.
Looking forward to read your opinion about it.
Shitcoin Litecoin to crash another 60% next up is $35Shitcoin Litecoin to crash another 60% next up is $35
Nobody uses litecoin, $105 is a resistance where it got rejected hard.
Not too late to open leveraged shorts. First $50, than $35, than $20.
LTC & ADA Will Crash 90% – Bear Market Has Not Even Begun Yet!The bear market has not even begun yet for 99% of altcoins, such as Litecoin (LTC) and Cardano (ADA).
I expect these coins to crash at least another 90% from where they currently are.
I agree with people such as Big Cheds, Bob Loukas, Benjamin Cowen, and others that altcoins are far from having bottomed and in fact that the bear market has not even begun yet.
Anyone using leverage of 1.01x or higher and who is long will surely get liquidated within the next 1-3 months.
Bitcoin will crash to sub $10k as well.
PEPE The New Meme Coin | Buy Area !PEPE was the new sensation in the meme coins!
After a huge bull run, now it has retraced significantly.
Drawing the Fibonacci retracement tool, I would consider the following level for a potential entry:
between $0.000001010 and $0.000001750.
I know, the range is high, i would also consider $0.000001510, to be more precise.
Looking forward to read your opinion about it!
