Binance Coin is the cryptocurrency issued by Binance exchange and carries BNB symbol. With a volume of $7.6 billion, as of Q2 2022, Binance Exchange was the largest cryptocurrency exchange in the world. One-fifth of Binance exchange’s profits are used to repurchase and permanently destroy, or “burn,” Binance coins held in its treasury. Binance was created […]
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Token PENDLE Looking for Reaction from Blue Box Area
Read MorePENDLE is a DeFi protocol focused on yield trading, allowing users to both fix or leverage their yield. In today’s blog, we’ll explain the daily Elliott Wave structure taking place and show the potential outcome for the token. Since April 2024, PENDLE started its correction to the downside and it lost 75% of its value. The move from the peak […]
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SUI Ended Correction and Ready for New Bullish Cycle
Read MoreSUI is a high-performance Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible. In today’s article, we’ll explore the daily Elliott Wave structure for its native token and explain the potential bullish outcome after the recent correction. SUI lost 78% of it’s value since March 2024. The coin declined 4 months in […]
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ONDO Finance Getting Ready For Bullish Reversal
Read MoreONDO Finance is one of the leading applications for enabling real-world asset tokenisation (RWA). ONDO is the governance token for Flux Finance and the Ondo DAO. In today’s article, we’ll explore the daily Elliott Wave structure and explain the potential bullish outcome after the recent decline. Since January 2024, ONDO started trading within an impulsive 5 waves advance reaching […]
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Destra Network DSYNC Started New Bullish Sequence
Read MoreDSYNC Destra Network is a decentralized cloud solutions project utilizing AI computing mechanisms and advanced technologies like IPFS and ENS. In today’s article, we’ll explain the daily Elliott Wave structure taking place and explore the potential outcome for the token. In March 2024, DSYNC reached a high of $0.5 marking the first rally from the lows as a wave ((1)). […]
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Elliott Wave Intraday Analysis: Ethereum (ETHUSD) Pullback In Progress
Read MoreShort Term Elliott Wave View in Ethereum (ETHUSD) suggests the impulse sequence ended at $3562.6 high started from 7.05.2024 low. Below there, it favors corrective pullback in wave (2). In daily sequence, it ended ((4)) correction at $2811 low as double three structure against November-2022 low. Above ((4)) low, it ended wave (1) rally at $3562.6 […]
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Bitcoin Perfectly Reacting Higher From Elliott Wave Blue Box Area
Read MoreIn this technical blog, we will look at the past performance of the Daily Elliott Wave Charts of Bitcoin ticker symbol: $BTCUSD. We presented to members at the elliottwave-forecast. In which, the rally from the 21 November 2022 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. […]