Top Coins to Watch in Altcoin Season. (Part 1: Memes)
The final days of 2024 are getting more interesting as the US presidential election takes place. The race between Harris and Trump is getting more and more intense as the G hour approaches. At the same time, the cryptocurrency market is becoming more exciting than ever as it is the center of debates between billionaire Donald Trump and his billionaire supporter - Elon Musk. The world's focus on the future of cryptocurrency is a sign of an upcoming altcoin season. Let's take a look at some of the prominent meme coins with Meinya Spotlight channel.
🚀Every day that passes, dozens of coins increase in price one after another. Continuously buying and selling to capture opportunities will prevent you from accurately assessing risks. And greed will lead you to devastating losses in a bull market. 💎Patience is the most important piece in investing. No one will get rich after sleeping, investing is a long process that includes success and failure.
The current market is quite tough. Although it is currently in a correction wave, it can be seen that memes are still very strong. While many projects are struggling to develop to stay afloat, there are still billions to tens of billions of dollars flowing into memes every day, typically the recent surge of DOGE. Maybe it is time to reconsider the way the market is played. But for me, memes are still a gamble. The fact that most of the money flows into memes can potentially pose a risk of "pulling the carpet for everyone". #MemecoinWars
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Bearish
$PNUT looks like a balloon about to burst, after a joke from Musk...
BTC.D is at a very high level today, currently at 61.26% and increasing very fast.. And the price of $BTC is currently at 91,000 USD. A collapse of BTC.D will have two scenarios: 1. The market bubble bursts, everything collapses. 2. 🚀Altcoin Season. Don't forget that Altcoin Season this time has ETF which means accepting cryptocurrencies, there is a US supporting cryptocurrencies,... I like number 2. Do you?
Price $NTRN increased about 7% since yesterday's article. I think Neutron is struggling quite a bit after being knocked out of 0.7 in the previous bear cycle. Currently, the price is moving sideways, I think this is a very ideal accumulation area. In the previous cycle, I put NTRN and ARKM on the scale. After NTRN's strong price increase to 2 USD, ARKM also followed. Observing new coins with relatively large circulating supply is also a way to make a decision (a bit of a turtle because 2 different projects, the comparison is not very meaningful, Kkk). But currently ARKM is doing much better. ARKM has held steady above 0.7 - 0.8 USD and is back on track. I am expecting a strong enough push and NTRN to accelerate and catch up. As I reported yesterday, the risk is high when the market is showing signs of correction. My setting of a buy range of 0.4 - 0.45 USD is quite risky, please do your own research when investing. Reminder: Entry: 0.4 - 0.45 USD Target 1: 0.7 USD Target 2: 1 USD Target 3: 2 USD
Risk: High. Currently, the market is showing signs of correction, so entering at this time is quite dangerous. #AltCoinSeason #MeinyaSpotlight
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Bullish
A little nostalgia today, because $NTRN was the first coin that I posted a signal on the Meinya Spotlight channel, with a profit-taking level 5-7 times higher than the previous price increase. NTRN means a lot to me because it is the motivation for me to continue posting Binance Square articles until today.
Today, I will buy a little more NTRN at the price of 0.4 USD. Looking at the chart, it shows a big breakout is coming and the potential of NTRN is huge.
Entry: 0.4 - 0.45 USD Target 1: 0.7 USD Target 2: 1 USD Target 3: 2 USD Risk: High. Currently, the market is showing signs of correction, so entering at this time is quite dangerous. But the chart of NTRN is really beautiful to me, so I will buy a little more.
In the article on November 8, I proposed the 3rd buy zone (yellow) of $ENA and today, November 14, the price still tends to move up despite a slight correction.
I mentioned that ENA will move freely until it reaches the 0.65 - 0.8 USD zone. And the 3 most recent candles of ENA all have highs around 0.65 USD, showing that 0.65 USD is gradually becoming a temporary thin resistance zone. BUT, based on the current market conditions, it shows a high possibility that ENA will continue to break this barrier and gradually move towards ATH. However, the market is temporarily showing signs of FOMO into memes more.
Up to now, all 3 buy zones (green, purple, yellow) have achieved good profits. I think that there is no better buy zone for ENA for the time being, so please be patient and hold.
The target I set for $ENA is 0.5 - 0.6 USD, which was established yesterday (peak 0.55 USD). Currently, ENA is moving in a fairly free range until it approaches the area of 0.65 - 0.8 USD. The temporary support and resistance areas are quite fragile in the last days of the year, making it difficult to determine the appropriate buying zone. There is also additional news; Wintermute suggested that Ethena share revenue with ENA holders. For me, this is a "no harm no foul" news, so the next direction still heavily depends on market sentiment. Personally, I have bought enough ENA in the price range of 0.27 - 0.3 USD; if you want to buy more, you can consider the area of 0.46 - 0.5 USD. -Entry 3 (yellow): 0.46 - 0.5 USD (buying zone increases according to the movement direction of the overall market) -Target: 2 USD in the medium term. -Risk (Entry 3): Average. Adjustments may occur, but in my opinion, they will only be mild. The market is moving towards a recovery phase, as the FED has cut interest rates for the second time this year. #Meinya #Uptrend #Altcoinseason2024 #Dyor2024
At this time, when surfing Binance Square, I see KOLs shouting Long/Short and all kinds of silence. The market has just swept Long and then swept Short. That's why newbies keep following channels posting Long/Short signals and burn out because they don't do their own research. Greed for high leverage, greed for quick wealth,... newbies are always blinded by greed and eventually become liquidity for others.
That's why I love Meinya Spotlight's Followers because you are patient and suitable for this crypto market.
✨"The price can go up, can go down. But your Spot position will not change, remember this." ~ MeinyaSpotlight
$NTRN about to break long term downtrend. Ready for breakout 🚀
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Bullish
A little nostalgia today, because $NTRN was the first coin that I posted a signal on the Meinya Spotlight channel, with a profit-taking level 5-7 times higher than the previous price increase. NTRN means a lot to me because it is the motivation for me to continue posting Binance Square articles until today.
Today, I will buy a little more NTRN at the price of 0.4 USD. Looking at the chart, it shows a big breakout is coming and the potential of NTRN is huge.
Entry: 0.4 - 0.45 USD Target 1: 0.7 USD Target 2: 1 USD Target 3: 2 USD Risk: High. Currently, the market is showing signs of correction, so entering at this time is quite dangerous. But the chart of NTRN is really beautiful to me, so I will buy a little more.
When everyone imagined an Altcoin Season approaching but BTC.D said no. And things continued to heat up. The force of $BTC continued to overwhelm the entire market. #BTC500K #BTCBreaks89k
A little nostalgia today, because $NTRN was the first coin that I posted a signal on the Meinya Spotlight channel, with a profit-taking level 5-7 times higher than the previous price increase. NTRN means a lot to me because it is the motivation for me to continue posting Binance Square articles until today.
Today, I will buy a little more NTRN at the price of 0.4 USD. Looking at the chart, it shows a big breakout is coming and the potential of NTRN is huge.
Entry: 0.4 - 0.45 USD Target 1: 0.7 USD Target 2: 1 USD Target 3: 2 USD Risk: High. Currently, the market is showing signs of correction, so entering at this time is quite dangerous. But the chart of NTRN is really beautiful to me, so I will buy a little more.
$ORDI has risen above the buying zone as I mentioned in the previous post, starting to count the money.🤑 Yesterday's post was still hesitating at 35 USD, but today it has soared high. Kkk... The happiest are the Followers of the Meinya Spotlight channel. #AltCoinSeason
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Bullish
After the drop to about 30 USD each ORDI, the current price of ORDI still hovers around the Entry 35-40 USD that I set earlier. Currently, $ORDI intends to break the long-term downtrend (see the chart below). In the article "Top Notable Coins in Altcoin Season. (Part 1: Meme)". I highlighted an optimistic view on ORDI, as well as its limited supply of 21 million which could be a bright spot for the upcoming bullish market. Entry: 35 - 40 USD (active again) Risk: Since this is a meme driven by the hype of the subject, I set the risk at a high level. Current direction: I seem quite calm compared to the market. But who knows, it might be a surprise... Memes should only be played like a lottery. #MemeRally #AltCoinSeason
After the drop to about 30 USD each ORDI, the current price of ORDI still hovers around the Entry 35-40 USD that I set earlier. Currently, $ORDI intends to break the long-term downtrend (see the chart below). In the article "Top Notable Coins in Altcoin Season. (Part 1: Meme)". I highlighted an optimistic view on ORDI, as well as its limited supply of 21 million which could be a bright spot for the upcoming bullish market. Entry: 35 - 40 USD (active again) Risk: Since this is a meme driven by the hype of the subject, I set the risk at a high level. Current direction: I seem quite calm compared to the market. But who knows, it might be a surprise... Memes should only be played like a lottery. #MemeRally #AltCoinSeason
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Bullish
I will buy a little more $ORDI . Entry: 35 - 40 USD Currently ORDI is breaking out of the downtrend on the 1H chart, continuing the uptrend on the daily chart. Last time ORDI performed quite well when BTC surpassed the 70,000 USD mark, so I think this time it will be better. Since this is still classified as a "meme", everyone should consider buying. The risk is quite high. #Meinya #MeinyaSpotlight #mememcoinseason2024 #MemeCoinTrending #dyor
$DYM is at the bottom position and quite stable. Starting the first buying zone: Entry 1: 0.16 - 0.19 USD Target: 3 USD in the short to medium term. Continue to observe the political situation in the Middle East before having a long-term view. Risk: Average. I am a bit worried about this project because the development team is in Israel. Pros and Cons: Please refer to the quoted article below.
Top noteworthy coins in the Altcoin Season. (Part 2)
On the morning of June 6, 2024 (Today), we witnessed the extraordinary rebound of BTC and officially conquered its new ATH. This is a green signal for the economy in general and the cryptocurrency market in particular. Currently, most of the community is focusing their attention on altcoins, and which altcoin will be the banner leading the wave for the upcoming Altcoin Season. That is the reason I continue to write this title in the second part.
According to this movement direction and in the context of economic recovery, the possibility of $ETH ending 2024 with 2 super bullish candles (November and December). I predict ETH will reach a price close to 4000 USD by the end of 2024 and break its ATH around February or March. The war ends and the economy is back on a recovery trajectory. ✨Don't forget the potential Altcoins I mentioned in the previous article (cited below this one). A breakthrough of ETH will lead to a magnificent Altcoin season.👇👇👇 #EthereumRally #AltCoinSeason
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Top noteworthy coins in the Altcoin Season. (Part 2)
On the morning of June 6, 2024 (Today), we witnessed the extraordinary rebound of BTC and officially conquered its new ATH. This is a green signal for the economy in general and the cryptocurrency market in particular. Currently, most of the community is focusing their attention on altcoins, and which altcoin will be the banner leading the wave for the upcoming Altcoin Season. That is the reason I continue to write this title in the second part.
After my post a few hours ago, $ENA has had a gentle downward trend as planned and stopped at 0.474 USD before rising again, currently at 0.51-0.54 USD. The rate of movement is quite fast (faster than I thought), indicating that the free movement does not really have any support or resistance zones. Fortunately, Entry 3 (yellow) has been performing well for a few hours, at least up to this point. Yes, I used the word "fortunately". Currently, it is still advisable to observe the direction and manage capital tightly. The fast speed can lead to a breakout but also carries the risk of correction. #MeinyaSpotlight #Uptrend #Altcoinseason2024 #Dyor2024
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Bullish
The target I set for $ENA is 0.5 - 0.6 USD, which was established yesterday (peak 0.55 USD). Currently, ENA is moving in a fairly free range until it approaches the area of 0.65 - 0.8 USD. The temporary support and resistance areas are quite fragile in the last days of the year, making it difficult to determine the appropriate buying zone. There is also additional news; Wintermute suggested that Ethena share revenue with ENA holders. For me, this is a "no harm no foul" news, so the next direction still heavily depends on market sentiment. Personally, I have bought enough ENA in the price range of 0.27 - 0.3 USD; if you want to buy more, you can consider the area of 0.46 - 0.5 USD. -Entry 3 (yellow): 0.46 - 0.5 USD (buying zone increases according to the movement direction of the overall market) -Target: 2 USD in the medium term. -Risk (Entry 3): Average. Adjustments may occur, but in my opinion, they will only be mild. The market is moving towards a recovery phase, as the FED has cut interest rates for the second time this year. #Meinya #Uptrend #Altcoinseason2024 #Dyor2024