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MULTIVERSE

ELROND - Bullish pattern with big possibilities !Elrond is a layer 1 that has seen great success during the 2021 bullrun. Since then, price has now fully retraced the price surge of 2021. Since Juli 2022 price has slowed down its decline and created a range. Price has never fully broken out from that range, but has seen a surge in price in October 2023. This creates the possibility for a big W-pattern to be formed as seen on screenshot 1. Price has also been inside a downward parallel channel (bullish) since April 2024 favouring a push up. This still won’t tell us if price will form a big M-pattern at the 0.618, 0.786 or 0.886 Fib at 56.5$, 66$ and 71.5$ respectively or if price will break the local top at 78$ and create the aforementioned big W-pattern with the resulting target at 112$ that also exactly coincides with the lows of the previous range. What it does tell me is that we are now sitting at interesting prices for either outcome. Even if we get the most dissapointing wave up possible, we will most likely be able to sell our tokens in profit. A sure win ! But let’s keep in mind that this is the cryptocurrency market and a breakdown from BTC or the traditional markets could hinder all of our chances for a profit in a matter of hours ! Elrond - On the daily timeframe price has been holding the big Hammer candle from the 5th of August. Price has also been following a downward parallel channel that tipically has a bullish bias. Price has also been able to hold the central trendline of the parallel channel and as long as price remains above it, there is a bias for price to hit the upper trendline. If price is able to break above and retest the downwards parallel channel, price movement could quickly accelerate higher. The almost assured targets would be the 0.618, 0.786 or 0.886 Fibs, meaning a topping pattern between 56-72$. Altough, if price is able to get above the local top at 78$, it would open the possibilities for a big W-pattern breakout with a first 1.618 Fib target at 112$. A good return on investment from where we are sitting at right now. Total3 - Total3 (crypto market cap excluding BTC and ETH) is moving in a downward parallel channel (bullish), similar to BTC. We're still trading between the 21 and 50 daily moving averages after bouncing from the latter. If the price can remain above upper trendline of the downward parallel channel and the 50-day moving average, there is still a chance for a big surge in altcoins. a break and confirmation back into the parallel channel would be very detrimental for the altcoin market. The last step before the market cap can accelerate is for it to break 650B$ mcap. This could bring the funds that Elrond and other altcoins need to start pushing up and breaking resistances. I wish you all a nice end of the weekend and good luck trading ! ZEDDIT
Long
by zeddit
AI/USDT ( Multiverse ) Trade Analysis for Short TermAI/USDT Technical Analysis: Good Entry Price and Potential 10%-50% Gains AI/USDT is currently trading at $0.001436 and presents a good entry opportunity according to technical analysis. The green box on the chart indicates the entry zone for this trade. The recommended price targets for this trade are $0.001691, $0.001933, $0.002291, $0.002600, and $0.002973, with a stop loss set at $0.0012. If the price holds above the stop loss, there is potential for gains of 10%-50% within a 5-15 day timeframe. It's important to note that before entering this trade, investors should consider the risk-reward ratio and ensure they are comfortable with the potential risks involved.
ALong
by CryptoPatel
Multiverse is hidden gem?KUCOIN:AIUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets and explanation idea ➡️When nobody talk about coin its mostly the best time to buy. ➡️Volume trade increases insanely since August 2022 ➡️Multiverse Labs, in collaboration with the government of Sharjah, launches its first Metaverse city in UAE ➡️Investors Samsung NEXT, Fenbushi Capital, Huobi Ventures ➡️More than 450 days in accumulation phase, now under -0.27 zone (historically investment zone) ➡️Got perfect rejection in July 2021 at 0.23 level by FIB. This D fib still relevant ➡️Take Profit targets minimal 0.618 level by Fib around 0.14 cents and 1.618 around 0.30 cents. Not sure about 2.618 - 0.45$ Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
ALong
by Crypto4light
4
AI/USDT possibly turning bullishPrice action is in the mist of possibly forming an inverted head and shoulders AS LONG as price does not break the low it printer back in November 10. This would also complete a possible bull flag. (If that makes sense). Notice I'm saying "possibly" as there are no guarantees in trading; only statistics and probabilities However, if you research this coin and find out who is behind it and some of its investors and what port folios it belongs in perhaps you'll be just as bullish as me.
ALong
by GhostCrypto
AI/USDT repeating same fractal as KCS/USDT? Multiverse may be on the verge of a monumental run. As we can see it has broken and maintained above the 21 week EMA (purple) for over 3 weeks in a row. This reminds me of back in January when KCS broke above and maintained support above the 21 EMA on the weekly. It's hard not to spot similarities between the two. KCS produced 2000% gains. With the recent boom of gaming and metaverse coins, it wouldn't be too shocking to see a similar run in Multiverse (AI).
ALong
by GhostCrypto
1
Multiverse (AI) Road to MainnetOn FA side, Multiverse has a lot of solid backers (Samsung, XRP Capital, Huobi, Fenbushi Capital, Matric China, etc) that are known to help their investments succeed (pump), has staking launching this quarter, and mainnet launch in November. Expect it to revisit ATH area by mainnet launch, and look to exit around that time. It is currently a very low marketcap with only one exchange, and expect more exchanges to come soon, including obviously Huobi who is an investor. On TA side, breakout of the long-term triangle should provide a nice rally either way. Currently at long-term bottom support range, which has never broken since listing.
ALong
by csoreff
1