Band Protocolの‌価格BAND

🔸 $REX ’s trading volume of 211.8 M on the 4H chart highlights robust buyer interest following its breakout. 🔸 Consolidation between $0.0155 and $0.0170 suggests an accumulation zone. 🔸 The 20-period MA near $0.0126 may provide crucial dynamic support in case of retracement. 🔸 Tightening Bollinger bandwidth suggests a breakout; upper band at $0.01730 becomes the immediate target. 🔸 RSI(12) around 91 remains elevated; traders should vigilantly watch for divergence as an early warning sign. 🔸 Conclusion: Support at the 20-period MA, confirmed by volume spikes, will validate further upside.

🔸 $REX climbed from a 4H low of $0.00926 to a 24H high of $0.01730, fueling an 87% rally. 🔸 Price broke above the 10-period MA, confirming bullish strength on the 4H chart. 🔸 Bollinger upper band at $0.01493 acted as interim resistance before the surge, now providing support around $0.0155. 🔸 Volume spiked to 211.8 M REX, confirming heavy accumulation by buyers. 🔸 RSI(6) at 91 warns of overbought conditions; consolidation may stabilize gains. 🔸 Conclusion: Profits can be booked near resistance, while support around $0.012 offers a buying zone.

📢 Solana ; A recent breakout from a falling wedge and the formation of an ascending triangle indicate a strong bullish setup. 📊 🔸For Solana (SOL), which could push prices above $200 and target $275–$390 in the upcoming months. 🔸With more developers building on the blockchain and pending SOL ETF applications, institutional interest is increasing, and analysts like Peter Brandt suggest Solana may surpass Ethereum in the future. 🔸The positive momentum is supported by technical indicators such as upper band breakouts and expanding Bollinger Bands, but SOL has to break and hold above $288.51 in order to realize its full upside potential.📊 #SOL $SOL $ADA $TON $XRP $PI $WCT $EPT $BGB

PI saw a 66% trading volume spike as it enters the first phase of its long-anticipated mainnet migration. Key Notes PI price jumped over 5% in 24 hours, now trading around $0.66.Trading volume spiked 66%, driven by excitement around the first phase of mainnet migration. The second migration phase is planned after the current queue, with no set date yet. Pi Network (PI) rallied over 5% in the last 24 hours to trade around $0.66, along with a sharp 66% increase in trading volume. The price increase coincides with the upcoming first phase of Pi’s long-awaited mainnet migration, a major milestone for the project that has been in development since 2019. According to Pi Network’s team, over 12 million users have now completed their Know Your Customer (KYC) verification, clearing the way for their mining rewards and other contributions to be migrated onto the mainnet. In a recent update on X, the Pi Core Team reaffirmed its commitment to onboard as many Pioneers, and their PI tokens, to the mainnet as possible. The current migration phase includes transferring base mining rewards, Security Circle inputs, lockup commitments, utility app incentives, and confirmed node rewards for eligible users. The second migration phase, which includes referral bonuses, is expected to begin after the first queue is cleared, though no official timeline has been provided. Tokenomics Favoring Fair Growth Pi’s distribution model is designed to grow in sync with community migration. Of the 100 billion tokens minted at genesis, only the portion linked to migrated rewards becomes usable. Currently, only 65% of Pi’s supply is allocated for community mining, with 10% for the foundation, 5% for liquidity, and 20% for the Core Team. No party can access more tokens until the community progresses further in its migration, stopping premature accumulation or sell offs. Notably, long delays in reaching the mainnet have frustrated the community, but experts argue that a gradual rollout could protect the network from sudden supply shocks. They expect the second migration wave to launch in the latter half of 2025. PI Price Outlook PI i Network has recently faced major selling pressure, losing 30% of its value in the past month. Some analysts have also pointed out a suspicious surge in micro wallet activity, potentially leading to wash trading schemes or dumping. On the 4-hour PI price chart, the RSI is at 62.82 with an upward gradient, indicating rising bullish momentum. This suggests buyers are gaining confidence, but a correction could occur once RSI enters the overbought region. A bullish breakout above $0.68 with sufficient buying volume could target $0.72. Bollinger Bands show tightening bands with the price recently touching the upper band (at around $0.6763), indicating ongoing consolidation. The middle band (20-day SMA) at $0.6635 now acts as immediate support, while resistance lies near $0.68. Despite the ongoing price slump, many analysts are eyeing a $1 price target for PI amid the mainnet migration plans. #pinetwork

$INIT Decoding Bullish and Bearish Signals Bullish patterns often precede upward price movements, signaling potential buying opportunities. Conversely, bearish patterns suggest a likely price decline, indicating potential selling pressure. Identifying these formations can empower traders to make more strategic choices regarding their $INIT holdings. Identifying Bullish Patterns in $INIT Keep an eye out for these common bullish formations in $INIT's price charts: * Inverse Head and Shoulders: This is a reversal pattern that typically forms after a downtrend and suggests an impending upward move. It looks like a head (the lowest low) with two higher lows (shoulders) on either side. * Bullish Engulfing: This candlestick pattern occurs when a larger bullish (often green) candle completely engulfs the preceding smaller bearish (often red) candle, signaling strong buying interest. * Golden Cross: This bullish signal arises when a shorter-term moving average crosses above a longer-term moving average, indicating a potential shift in trend to the upside. For example, the 50-day moving average crossing above the 200-day moving average. Recognizing Bearish Patterns in $INIT Be vigilant for these bearish patterns that might indicate a potential price decrease in $INIT: * Head and Shoulders: This reversal pattern typically forms after an uptrend and suggests a potential downward move. It consists of a high (the head) with two lower highs (shoulders) on either side. * Bearish Engulfing: This candlestick pattern appears when a larger bearish (often red) candle completely engulfs the preceding smaller bullish (often green) candle, suggesting strong selling pressure. * Death Cross: This bearish signal occurs when a shorter-term moving average crosses below a longer-term moving average, indicating a potential shift in trend to the downside. For instance, the 50-day moving average crossing below the 200-day moving average. Leveraging Technical Indicators for Pattern Confirmation To enhance your pattern recognition in $INIT,consider using these key technical indicators: * Moving Averages (MA): These smooth out price action and can help you identify the prevailing trend. Look for crossovers as potential buy or sell signals, aligning with chart patterns. * Relative Strength Index (RSI): This momentum oscillator helps identify if $INIT is overbought (potentially leading to a sell-off) or oversold (potentially leading to a bounce). Divergences between price action and RSI can also provide clues. * Bollinger Bands: These bands measure volatility. A breakout above the upper band might suggest bullish momentum, while a break below the lower band could indicate bearish pressure, especially when seen in conjunction with chart patterns.$INIT Refining Your Pattern Recognition Skills To become more proficient at recognizing patterns in $INIT: * Employ Multiple Timeframes: Analyze $INIT'sprice charts across different timeframes (e.g., hourly, daily, weekly) to gain a more holistic perspective and confirm the validity of patterns. A pattern appearing on multiple timeframes adds to its significance. * Integrate with Holistic Analysis: Don't rely solely on pattern recognition. Combine it with other forms of analysis, such as examining $INIT's fundamentals, market sentiment, and relevant news events, for a more robust trading strategy. * Stay Abreast of Market Dynamics: The cryptocurrency market is dynamic. Keep yourself informed about broader market trends and any news specific to $INIT that could influence its price action and the formation or validity of technical patterns. In Conclusion Mastering the ability to recognize bullish and bearish patterns in $INIT can be a powerful asset for traders. By understanding these formations and utilizing technical indicators, you can enhance your decision-making process when considering buying or selling $INIT. However, remember that pattern recognition is not a guaranteed predictor of future price movements. It's crucial to use it as part of a comprehensive trading strategy that incorporates other forms of analysis and sound risk management practices.$INIT