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BeyOglu - The Analyst

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🔶X: @Beyoglu124 | Crypto enthusiast since 2019, sharing insights on market trends, News and Events.
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Success from crypto comes with a lot of suffering before we make it
Success from crypto comes with a lot of suffering before we make it
do you know who i am 🤣
do you know who i am 🤣
Cardano Price Forecast: $ADA rebounds after retesting a key support zone. #Cardano price broke and closed below the daily support at $0.84 on September 22, declining 7.5% over the next three days and retesting the 200-day Exponential Moving Average (EMA) at $0.76 on Thursday. ADA found support around the 200-day EMA on Friday and recovered nearly 6% by Monday. This 200-day EMA roughly coincides with the 50% Fibonacci retracement level at $0.76, making this a key support zone. At the time of writing on Tuesday, it hovers at around $0.80. If ADA continues to recover and closes above the daily level at $0.84, it could extend the rally toward the psychologically important level at $1. The Relative Strength Index (RSI) on the daily chart reads 43, pointing upwards and nearing its neutral level of 50, which indicates a fading bearish momentum. For the recovery rally to be sustained, the RSI must move above the neutral level. However, if #ADA faces a correction, it could extend the decline toward the 200-day EMA at $0.76.
Cardano Price Forecast: $ADA rebounds after retesting a key support zone.

#Cardano price broke and closed below the daily support at $0.84 on September 22, declining 7.5% over the next three days and retesting the 200-day Exponential Moving Average (EMA) at $0.76 on Thursday. ADA found support around the 200-day EMA on Friday and recovered nearly 6% by Monday. This 200-day EMA roughly coincides with the 50% Fibonacci retracement level at $0.76, making this a key support zone. At the time of writing on Tuesday, it hovers at around $0.80.

If ADA continues to recover and closes above the daily level at $0.84, it could extend the rally toward the psychologically important level at $1.

The Relative Strength Index (RSI) on the daily chart reads 43, pointing upwards and nearing its neutral level of 50, which indicates a fading bearish momentum. For the recovery rally to be sustained, the RSI must move above the neutral level.

However, if #ADA faces a correction, it could extend the decline toward the 200-day EMA at $0.76.
🔗 Breaking the Chains: Introducing Mitosis ($MITO ): Why should your assets be stuck on one chain? #Mitosis ($MITO ) is the Layer 1 blockchain built to solve DeFi's biggest problem: liquidity fragmentation. @MitosisOrg aggregates assets from multiple chains (like Ethereum, Arbitrum, etc.) into one unified pool, giving users access to high-yield opportunities that were previously only available to institutional players. The Mito Advantage: - Cross-Chain Liquidity: Deposit once, earn yields across multiple ecosystems. - Ecosystem-Owned Liquidity (EOL): Community-governed pools generate sustainable rewards. - Programmable Assets: Turn your liquidity position into a flexible, composable asset. - Governance: Stake $MITO to earn gMITO and vote on the protocol's future. Mitosis is not just another bridge—it's the backbone for a borderless, efficient, and community-driven DeFi future.
🔗 Breaking the Chains:
Introducing Mitosis ($MITO ):

Why should your assets be stuck on one chain? #Mitosis ($MITO ) is the Layer 1 blockchain built to solve DeFi's biggest problem: liquidity fragmentation.

@Mitosis Official aggregates assets from multiple chains (like Ethereum, Arbitrum, etc.) into one unified pool, giving users access to high-yield opportunities that were previously only available to institutional players.

The Mito Advantage:

- Cross-Chain Liquidity: Deposit once, earn yields across multiple ecosystems.
- Ecosystem-Owned Liquidity (EOL): Community-governed pools generate sustainable rewards.
- Programmable Assets: Turn your liquidity position into a flexible, composable asset.
- Governance: Stake $MITO to earn gMITO and vote on the protocol's future.
Mitosis is not just another bridge—it's the backbone for a borderless, efficient, and community-driven DeFi future.
Somnia ($SOMI ): Building the Future of On-Chain Virtual Worlds 🌐 #Somnia is redefining how digital experiences are created and owned in the blockchain era. 🔹 Virtual World Infrastructure – Somnia provides the framework for creators to build interoperable, scalable, and immersive virtual worlds powered by blockchain. 🔹 True Digital Ownership – Assets, identities, and experiences built in Somnia are secured on-chain, ensuring transparency and sovereignty. 🔹 Creator Economy – With its tools, developers and creators can monetize directly, bypassing centralized platforms. 🔹 Interoperability – SOMI enables seamless asset and identity transfer across different worlds, ensuring users aren’t locked into a single ecosystem. 💡 Why It Matters: In an era where digital worlds and metaverses are growing, Somnia is positioning itself as the Web3 backbone of virtual economies. With $SOMI at its core, the project empowers both developers and users, ensuring scalability and adoption. 📌 Takeaway: @Somnia_Network is more than just a metaverse project—it’s an entire ecosystem for the next digital frontier.
Somnia ($SOMI ): Building the Future of On-Chain Virtual Worlds 🌐

#Somnia is redefining how digital experiences are created and owned in the blockchain era.
🔹 Virtual World Infrastructure – Somnia provides the framework for creators to build interoperable, scalable, and immersive virtual worlds powered by blockchain.

🔹 True Digital Ownership – Assets, identities, and experiences built in Somnia are secured on-chain, ensuring transparency and sovereignty.

🔹 Creator Economy – With its tools, developers and creators can monetize directly, bypassing centralized platforms.

🔹 Interoperability – SOMI enables seamless asset and identity transfer across different worlds, ensuring users aren’t locked into a single ecosystem.

💡 Why It Matters:
In an era where digital worlds and metaverses are growing, Somnia is positioning itself as the Web3 backbone of virtual economies. With $SOMI at its core, the project empowers both developers and users, ensuring scalability and adoption.

📌 Takeaway:
@Somnia Official is more than just a metaverse project—it’s an entire ecosystem for the next digital frontier.
JUST IN: 🇫🇷 Melanion Capital launches first private Bitcoin treasury model in Europe. They will raise $54 million to allocate entirely to Bitcoin. 🔥
JUST IN: 🇫🇷 Melanion Capital launches first private Bitcoin treasury model in Europe.

They will raise $54 million to allocate entirely to Bitcoin. 🔥
My 30 Days' PNL
2025-08-31~2025-09-29
+$218.25
+30.04%
Could Uptober Fuel Dogecoin Toward $0.35?Dogecoin (DOGE) is getting attention again as traders watch for a possible breakout. The coin is known for making big price jumps in the past, and current charts show signs of new bullish momentum. Experts say that strong support levels and repeating patterns could push $DOGE higher, keeping its place as one of the most popular coins among retail traders. Dogecoin’s late January 2021 price surge remains a defining moment. Within a single day, $DOGE  jumped 423%, climbing from roughly $0.01 to above $0.05. Following this parabolic move, prices consolidated between $0.07 and $0.08, eventually testing $0.085.  Patterns Pointing to a New Pump Trader Tardigrade highlights that Dogecoin may be primed for another surge, especially against Bitcoin. On the $DOGE/usdt 4-hour chart, a falling wedge breakout pattern has emerged. Uptober Could Strengthen Dogecoin Rally On the daily chart, Tardigrade identifies a rounding bottom pattern forming near $0.23–$0.24 support. Historically, two strong rallies followed by corrections showed similar behavior, with drops around 28–35%. If Dogecoin holds above $0.23 and surpasses resistance near $0.27, the path toward $0.30 and $0.35 becomes plausible.  #Doge

Could Uptober Fuel Dogecoin Toward $0.35?

Dogecoin (DOGE) is getting attention again as traders watch for a possible breakout. The coin is known for making big price jumps in the past, and current charts show signs of new bullish momentum. Experts say that strong support levels and repeating patterns could push $DOGE higher, keeping its place as one of the most popular coins among retail traders.
Dogecoin’s late January 2021 price surge remains a defining moment. Within a single day, $DOGE  jumped 423%, climbing from roughly $0.01 to above $0.05. Following this parabolic move, prices consolidated between $0.07 and $0.08, eventually testing $0.085. 
Patterns Pointing to a New Pump
Trader Tardigrade highlights that Dogecoin may be primed for another surge, especially against Bitcoin. On the $DOGE /usdt 4-hour chart, a falling wedge breakout pattern has emerged.

Uptober Could Strengthen Dogecoin Rally
On the daily chart, Tardigrade identifies a rounding bottom pattern forming near $0.23–$0.24 support. Historically, two strong rallies followed by corrections showed similar behavior, with drops around 28–35%. If Dogecoin holds above $0.23 and surpasses resistance near $0.27, the path toward $0.30 and $0.35 becomes plausible. 

#Doge
🧠 Powering Fair AI: OpenLedger ($OPEN ) The AI revolution is here, but how do we ensure fairness and proper attribution? OpenLedger ($OPEN) is the answer. It's the first AI-Native Layer 2 blockchain, built on the Optimism Stack, specifically designed to bring transparency and integrity to AI development. Why @Openledger is Key for AI: - Proof of Attribution (PoA): Tracks exactly who contributed what data or model update, ensuring verifiable credit on-chain. - Fair Rewards: Contributors are automatically and proportionally rewarded with $OPEN tokens for their valuable input. - Decentralized AI: Building a transparent, auditable, and creator-centric AI economy, free from centralized control. OpenLedger is fostering a new era where AI innovation is rewarded fairly and transparently. #OpenLedger
🧠 Powering Fair AI: OpenLedger ($OPEN )
The AI revolution is here, but how do we ensure fairness and proper attribution? OpenLedger ($OPEN ) is the answer.
It's the first AI-Native Layer 2 blockchain, built on the Optimism Stack, specifically designed to bring transparency and integrity to AI development.

Why @OpenLedger is Key for AI:

- Proof of Attribution (PoA): Tracks exactly who contributed what data or model update, ensuring verifiable credit on-chain.
- Fair Rewards: Contributors are automatically and proportionally rewarded with $OPEN tokens for their valuable input.
- Decentralized AI: Building a transparent, auditable, and creator-centric AI economy, free from centralized control.

OpenLedger is fostering a new era where AI innovation is rewarded fairly and transparently.
#OpenLedger
$DOGE eyes another rally as past spikes, rounding bottom patterns, and upcoming crypto ETF decisions shape market sentiment. Could Uptober Fuel #Dogecoin Toward $0.35? I already shared my point of view for doge yesterday Checkout in my Profile. @Beyoglu
$DOGE eyes another rally as past spikes, rounding bottom patterns, and upcoming crypto ETF decisions shape market sentiment. Could Uptober Fuel #Dogecoin Toward $0.35?

I already shared my point of view for doge yesterday Checkout in my Profile.

@BeyOglu - The Analyst
⚡️ Pyth: Real-Time Data. Unlimited Chains. $PYTH | @PythNetwork | #PythRoadmap Tired of slow, unreliable crypto data? Pyth Network ($PYTH) delivers institutional-grade market data at sub-second speed. It’s the oracle trusted by the world's top financial institutions, providing: - INSTANT Data: Prices updated hundreds of times per second. - 50+ Chains: Data availability across every major blockchain. - Security: Feeds come directly from top traders and exchanges. Pyth is setting the new standard for speed and accuracy in DeFi. Don't build on old data—build with Pyth.
⚡️ Pyth: Real-Time Data. Unlimited Chains.

$PYTH | @Pyth Network | #PythRoadmap

Tired of slow, unreliable crypto data? Pyth Network ($PYTH ) delivers institutional-grade market data at sub-second speed.
It’s the oracle trusted by the world's top financial institutions, providing:
- INSTANT Data: Prices updated hundreds of times per second.
- 50+ Chains: Data availability across every major blockchain.
- Security: Feeds come directly from top traders and exchanges.

Pyth is setting the new standard for speed and accuracy in DeFi.

Don't build on old data—build with Pyth.
#MicroStrategy expands Bitcoin holdings to record 649,031 BTC despite MSTR stock slump. Despite incremental BTC purchases, $MSTR stock dips as volatility raises investor apprehension. Strategy (formerly MicroStrategy) expanded its Bitcoin holdings by purchasing of 196 BTC for $22.1 million at an average price of $113,048 per coin, according to a filing with the US Securities and Exchange Commission (SEC) dated Sept. 29. #MSTR
#MicroStrategy expands Bitcoin holdings to record 649,031 BTC despite MSTR stock slump.
Despite incremental BTC purchases, $MSTR stock dips as volatility raises investor apprehension.
Strategy (formerly MicroStrategy) expanded its Bitcoin holdings by purchasing of 196 BTC for $22.1 million at an average price of $113,048 per coin, according to a filing with the US Securities and Exchange Commission (SEC) dated Sept. 29.
#MSTR
Unlock Limitless Scale: Boundless ($ZKC) is the Future of ZK-Rollups.The blockchain trilemma ends here. Boundless ($ZKC ) is building the next generation of ZK-Rollup technology, designed to deliver unprecedented scalability, privacy, and true decentralization for Web3. We're moving beyond simple scaling—we're creating a universe of interconnected, efficient ZK-powered chains. What Makes Boundless Unstoppable? ⚡ Hyper-Scalable Architecture: Forget transaction bottlenecks. Boundless uses cutting-edge ZK proofs to process thousands of transactions per second, making dApps faster and cheaper than ever.🔗 Interconnected ZK Chains: Boundless isn't just one chain; it's an ecosystem. Think seamless communication and shared liquidity across multiple ZK-Rollups, allowing for truly complex applications.🔒 Built-in Privacy & Security: Leveraging the inherent power of Zero-Knowledge proofs, Boundless offers enhanced privacy features without compromising transparency or security.💡 Developer-Friendly: Tools and SDKs designed to make building high-performance ZK-powered dApps intuitive and accessible. Boundless is the foundation for an infinite Web3. #Boundless @boundless_network

Unlock Limitless Scale: Boundless ($ZKC) is the Future of ZK-Rollups.

The blockchain trilemma ends here. Boundless ($ZKC ) is building the next generation of ZK-Rollup technology, designed to deliver unprecedented scalability, privacy, and true decentralization for Web3.
We're moving beyond simple scaling—we're creating a universe of interconnected, efficient ZK-powered chains.
What Makes Boundless Unstoppable?
⚡ Hyper-Scalable Architecture: Forget transaction bottlenecks. Boundless uses cutting-edge ZK proofs to process thousands of transactions per second, making dApps faster and cheaper than ever.🔗 Interconnected ZK Chains: Boundless isn't just one chain; it's an ecosystem. Think seamless communication and shared liquidity across multiple ZK-Rollups, allowing for truly complex applications.🔒 Built-in Privacy & Security: Leveraging the inherent power of Zero-Knowledge proofs, Boundless offers enhanced privacy features without compromising transparency or security.💡 Developer-Friendly: Tools and SDKs designed to make building high-performance ZK-powered dApps intuitive and accessible.
Boundless is the foundation for an infinite Web3.
#Boundless @Boundless
#XRP Technical Outlook and Price Forecast: $XRP is forming multiple Bullish chart patterns and breaking above them, SEC’s latest withdrawal update signals ETF approval is imminent, while XRP’s classic falling wedge points to an explosive breakout. XRP is consolidating above the Key psychological support of wedge pattern, a day close above 3$ will attract more buyers and can lead the price toward 3.6$-3.8$. Relative Strength Index RSI is at 47 below the Neutral level aiming Upward indicating that the momentum is being shift from downward to upward, Moving Average Convergence Divergence MACD is near to make the bullish cross on daily timeframe. However any negative news or event could take down the Price of XRP to 2.7$ again. #beyoglu
#XRP Technical Outlook and Price Forecast:

$XRP is forming multiple Bullish chart patterns and breaking above them, SEC’s latest withdrawal update signals ETF approval is imminent, while XRP’s classic falling wedge points to an explosive breakout.

XRP is consolidating above the Key psychological support of wedge pattern, a day close above 3$ will attract more buyers and can lead the price toward 3.6$-3.8$.

Relative Strength Index RSI is at 47 below the Neutral level aiming Upward indicating that the momentum is being shift from downward to upward, Moving Average Convergence Divergence MACD is near to make the bullish cross on daily timeframe.

However any negative news or event could take down the Price of XRP to 2.7$ again.

#beyoglu
Falcon Finance Launches FF Token to Power Next Phase of Ecosystem GrowthFalcon Finance today announced the launch of its FF token, marking the company’s transition into a full-scale ecosystem with new governance, rewards, and collateral utilities. The introduction of $FF builds on Falcon’s success in decentralized finance, where the platform has already surpassed $2 billion in total value locked (TVL) and $1.9 billion in circulation of its stablecoin USDf. The FF token will serve as the governance and reward mechanism for the Falcon ecosystem. With a maximum supply capped at 10 billion, 2.34 billion FF tokens are being distributed at launch. Holders will be able to stake FF, participate in protocol governance, and earn Falcon Miles, a loyalty-based incentive system designed to strengthen community engagement. “The launch of #FF marks a historic milestone for Falcon Finance,” said Andrei Grachev, CEO of Falcon Finance. “It represents the shift from a single-protocol model to a dynamic ecosystem where governance, rewards, and future collateral assets all converge to drive sustainable growth.” Beyond governance and rewards, Falcon Finance has outlined a roadmap to expand FF’s role in supporting collateral-backed products. This includes plans for a new FF-backed stablecoin and the integration of additional collateral assets, further reinforcing stability and innovation across the platform. “Our vision has always been to provide a secure and scalable DeFi ecosystem,” Grachev added. “With the FF token, we are unlocking the next phase of user participation, ensuring that our community is not only empowered but also rewarded as we continue to grow.” The launch of FF underscores Falcon Finance’s long-term strategy to expand its ecosystem, deepen user ownership, and create a sustainable foundation for both DeFi and real-world asset integration. About Falcon Finance Falcon Finance is building a universal collateral infrastructure that turns any custody-ready asset, including digital assets, currency-backed tokens, and tokenized real-world assets, into USD-pegged onchain liquidity. By bridging onchain and offchain financial systems, Falcon gives institutions, protocols, and capital allocators a simple way to unlock stable and yield-generating liquidity from the assets they already hold. #FalconFinance #falcon

Falcon Finance Launches FF Token to Power Next Phase of Ecosystem Growth

Falcon Finance today announced the launch of its FF token, marking the company’s transition into a full-scale ecosystem with new governance, rewards, and collateral utilities. The introduction of $FF builds on Falcon’s success in decentralized finance, where the platform has already surpassed $2 billion in total value locked (TVL) and $1.9 billion in circulation of its stablecoin USDf.
The FF token will serve as the governance and reward mechanism for the Falcon ecosystem. With a maximum supply capped at 10 billion, 2.34 billion FF tokens are being distributed at launch. Holders will be able to stake FF, participate in protocol governance, and earn Falcon Miles, a loyalty-based incentive system designed to strengthen community engagement.
“The launch of #FF marks a historic milestone for Falcon Finance,” said Andrei Grachev, CEO of Falcon Finance. “It represents the shift from a single-protocol model to a dynamic ecosystem where governance, rewards, and future collateral assets all converge to drive sustainable growth.”
Beyond governance and rewards, Falcon Finance has outlined a roadmap to expand FF’s role in supporting collateral-backed products. This includes plans for a new FF-backed stablecoin and the integration of additional collateral assets, further reinforcing stability and innovation across the platform.
“Our vision has always been to provide a secure and scalable DeFi ecosystem,” Grachev added. “With the FF token, we are unlocking the next phase of user participation, ensuring that our community is not only empowered but also rewarded as we continue to grow.”
The launch of FF underscores Falcon Finance’s long-term strategy to expand its ecosystem, deepen user ownership, and create a sustainable foundation for both DeFi and real-world asset integration.
About Falcon Finance
Falcon Finance is building a universal collateral infrastructure that turns any custody-ready asset, including digital assets, currency-backed tokens, and tokenized real-world assets, into USD-pegged onchain liquidity.
By bridging onchain and offchain financial systems, Falcon gives institutions, protocols, and capital allocators a simple way to unlock stable and yield-generating liquidity from the assets they already hold.
#FalconFinance #falcon
The Future of RWAs is Here Introducing Plume Network 🚀 #Plume Network is revolutionizing Real-World Assets (RWAs) by building the first full-stack Modular Layer 2 (L2) specifically designed for compliant RWA tokenization. It's the infrastructure bridging traditional finance with decentralized opportunities. Why Plume is Key for RWAs: Compliance-Native: Built-in KYC/AML and identity verification make it easy for institutions and projects to tokenize assets securely and legally.DeFi Composability: Tokenized RWAs on $PLUME are immediately usable across various DeFi applications, unlocking new liquidity and yield opportunities.Modular Architecture: Offers flexibility and scalability, allowing developers to build sophisticated RWA protocols without compromise.End-to-End Solution: From tokenization with Arc to a robust data highway, Plume provides a complete ecosystem for bringing real-world value on-chain. @plumenetwork Plume Network is setting the standard for compliant, liquid, and accessible RWA markets. Get ready for a new era of finance!

The Future of RWAs is Here

Introducing Plume Network 🚀
#Plume Network is revolutionizing Real-World Assets (RWAs) by building the first full-stack Modular Layer 2 (L2) specifically designed for compliant RWA tokenization. It's the infrastructure bridging traditional finance with decentralized opportunities.
Why Plume is Key for RWAs:
Compliance-Native: Built-in KYC/AML and identity verification make it easy for institutions and projects to tokenize assets securely and legally.DeFi Composability: Tokenized RWAs on $PLUME are immediately usable across various DeFi applications, unlocking new liquidity and yield opportunities.Modular Architecture: Offers flexibility and scalability, allowing developers to build sophisticated RWA protocols without compromise.End-to-End Solution: From tokenization with Arc to a robust data highway, Plume provides a complete ecosystem for bringing real-world value on-chain.
@Plume - RWA Chain Plume Network is setting the standard for compliant, liquid, and accessible RWA markets. Get ready for a new era of finance!
Your Digital Persona, Your IP: Own It with Holoworld AI ($HOLO)In a world increasingly driven by AI, who owns your digital creations? Holoworld AI ($HOLO ) is empowering creators and users to truly own their AI-driven digital identities and intellectual property. We're moving beyond simple avatars to fully autonomous, verifiable AI Agents that you control and monetize. Why Ownership Matters with Holoworld: Verifiable Digital IP: Your unique AI Agents—their personality, voice, and generated content—are recorded on-chain. This means you own their digital identity and any IP they create.Monetize Your Creation: Deploy your Agents in games, social media, or specific applications, and earn $HOLO rewards for their interactions and services. They become revenue-generating assets.Persistent & Autonomous: Unlike temporary chatbots, Holoworld Agents are designed for persistent existence, learning, and interaction across platforms, truly embodying your digital persona.The $HOLO Foundation: The token isn't just for fees; it underpins the entire ownership economy, enabling creation, staking, and governance over this new frontier of digital identity. Don't just interact with AI; own your piece of the AI future. Join the Holoworld AI community and secure your digital legacy! @HoloworldAI #HoloworlAI

Your Digital Persona, Your IP: Own It with Holoworld AI ($HOLO)

In a world increasingly driven by AI, who owns your digital creations? Holoworld AI ($HOLO ) is empowering creators and users to truly own their AI-driven digital identities and intellectual property.
We're moving beyond simple avatars to fully autonomous, verifiable AI Agents that you control and monetize.
Why Ownership Matters with Holoworld:
Verifiable Digital IP: Your unique AI Agents—their personality, voice, and generated content—are recorded on-chain. This means you own their digital identity and any IP they create.Monetize Your Creation: Deploy your Agents in games, social media, or specific applications, and earn $HOLO rewards for their interactions and services. They become revenue-generating assets.Persistent & Autonomous: Unlike temporary chatbots, Holoworld Agents are designed for persistent existence, learning, and interaction across platforms, truly embodying your digital persona.The $HOLO Foundation: The token isn't just for fees; it underpins the entire ownership economy, enabling creation, staking, and governance over this new frontier of digital identity.
Don't just interact with AI; own your piece of the AI future.
Join the Holoworld AI community and secure your digital legacy!
@Holoworld AI #HoloworlAI
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Bullish
#Poland passes a strict crypto law under EU MiCA rules, expanding regulator powers and sparking fears of startup exodus.
#Poland passes a strict crypto law under EU MiCA rules, expanding regulator powers and sparking fears of startup exodus.
Reliance Global Group, Inc. (RELI) completed its first Bitcoin purchase as part of its Digital Asset Treasury initiative, the company announced. The purchase represents the company’s largest cryptocurrency position to date. The Bitcoin acquisition follows earlier purchases of Ethereum and Cardano this month. The company now holds three cryptocurrencies in its treasury portfolio, representing what it describes as major blockchain networks
Reliance Global Group, Inc. (RELI) completed its first Bitcoin purchase as part of its Digital Asset Treasury initiative, the company announced. The purchase represents the company’s largest cryptocurrency position to date.

The Bitcoin acquisition follows earlier purchases of Ethereum and Cardano this month. The company now holds three cryptocurrencies in its treasury portfolio, representing what it describes as major blockchain networks
Altcoins update: Ethereum, XRP show subtle recovery signalsEthereum has recovered above $4,100 after last week’s sharp correction to $3,811. This upward move was primarily driven by a surge in retail interest, with the funding rate rising, as highlighted above. From near oversold conditions on Thursday, the RSI is currently stabilizing at 43 on the daily chart, hinting at an increase in buying pressure. Higher RSI readings mean improving bullish momentum. Still, a bearish MACD indicator suggests that the bulls are struggling to maintain the price of $ETH at elevated levels. Investors could continue reducing exposure if the blue line holds below the red signal line.  Key areas of interest for traders are the 50-day EMA at $4,209, a resistance that must be broken to validate a medium-term uptrend toward the record high of $4,956 and the 100-day EMA, which provides support at $3,864.  $XRP , bulls are delicately holding onto support at $2.83, provided by the 100-day EMA, after facing rejection at the 50-day EMA positioned at $2.92. Investors would anticipate another breakout attempt from the short-term support, but the struggling RSI’s uptrend at 46 on the daily chart could challenge the bullish outlook, leaving XRP vulnerable to further losses. Key areas of interest for traders are the demand level at $2.70, which was previously tested on Monday, and the 200-day EMA at $2.61. On the other hand, a successful break above the 50-day EMA at $2.92 would back the trend reversal. Still, risks could remain tilted downward until the XRP price breaks the overall downtrend marked by a descending trendline since late July. #Ethereum #XRP

Altcoins update: Ethereum, XRP show subtle recovery signals

Ethereum has recovered above $4,100 after last week’s sharp correction to $3,811. This upward move was primarily driven by a surge in retail interest, with the funding rate rising, as highlighted above.
From near oversold conditions on Thursday, the RSI is currently stabilizing at 43 on the daily chart, hinting at an increase in buying pressure. Higher RSI readings mean improving bullish momentum.
Still, a bearish MACD indicator suggests that the bulls are struggling to maintain the price of $ETH at elevated levels. Investors could continue reducing exposure if the blue line holds below the red signal line. 
Key areas of interest for traders are the 50-day EMA at $4,209, a resistance that must be broken to validate a medium-term uptrend toward the record high of $4,956 and the 100-day EMA, which provides support at $3,864.

 $XRP , bulls are delicately holding onto support at $2.83, provided by the 100-day EMA, after facing rejection at the 50-day EMA positioned at $2.92. Investors would anticipate another breakout attempt from the short-term support, but the struggling RSI’s uptrend at 46 on the daily chart could challenge the bullish outlook, leaving XRP vulnerable to further losses.

Key areas of interest for traders are the demand level at $2.70, which was previously tested on Monday, and the 200-day EMA at $2.61. On the other hand, a successful break above the 50-day EMA at $2.92 would back the trend reversal. Still, risks could remain tilted downward until the XRP price breaks the overall downtrend marked by a descending trendline since late July.
#Ethereum #XRP
Bitcoin bulls eye $116,000. Bitcoin ($BTC ) extends gains to trade above $112,000 on Monday, as bulls push to regain control, following last week’s persistent drawdown. Bitcoin holds above the 100-day Exponential Moving Average (EMA) currently at $111,758 at the time of writing on Monday. Bulls have shown their intent since Sunday in regaining control of the trend, evidenced by the Relative Strength Index (RSI) rising to 47 on the daily chart, following a correction to 36 on Thursday.  Traders will be looking for a daily close above the 100-day EMA to assess bullish strength. The 50-day EMA at $113,252 holds as the next resistance, but bulls may need to break above the descending channel on the same chart to validate a clear breakout toward the $116,000 round-number resistance. Still, a sell signal maintained by the Moving Average Convergence Divergence (MACD) indicator on Tuesday indicates that Bitcoin is not yet out of the woods. If selling pressure persists as investors reduce exposure, another drop below the $110,000 level could be on the cards.
Bitcoin bulls eye $116,000.

Bitcoin ($BTC ) extends gains to trade above $112,000 on Monday, as bulls push to regain control, following last week’s persistent drawdown.

Bitcoin holds above the 100-day Exponential Moving Average (EMA) currently at $111,758 at the time of writing on Monday. Bulls have shown their intent since Sunday in regaining control of the trend, evidenced by the Relative Strength Index (RSI) rising to 47 on the daily chart, following a correction to 36 on Thursday. 

Traders will be looking for a daily close above the 100-day EMA to assess bullish strength. The 50-day EMA at $113,252 holds as the next resistance, but bulls may need to break above the descending channel on the same chart to validate a clear breakout toward the $116,000 round-number resistance.

Still, a sell signal maintained by the Moving Average Convergence Divergence (MACD) indicator on Tuesday indicates that Bitcoin is not yet out of the woods. If selling pressure persists as investors reduce exposure, another drop below the $110,000 level could be on the cards.
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