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VELOUSDT

VELODROME (VELO)Velodrome (VELO) is a liquidity and trading platform specifically designed for optimized token swaps and efficient liquidity provision on the Optimism layer-2 network. Its key features include strategic liquidity deployment and in-depth analytics to maximize returns for liquidity providers, leveraging the scalability and low transaction costs provided by Optimism. Currently, the price of Velodrome (VELO) is $0.15 with a 24-hour trading volume of $5 million. VELO has seen an increase of 10% in the last 24 hours, suggesting a positive market response to its liquidity solutions and integration with the Optimism network. In light of Velodrome's niche in facilitating efficient decentralized finance operations and its recent performance indicators, the next price targets for VELO could be considered at $0.27, $0.315, and $0.65. Traders might look to engage at the present price. This trade idea taps into the ongoing expansion of DeFi on scalable networks, with Velodrome poised to capitalize on increasing liquidity demands and trading volumes within this ecosystem.
Long
by icordkaz
1
✴️ VLX, VELO, VRA All Green!Velas (VLXUSDT) came out of a descending channel and has been green for the past five days. It seems the KuCoin Altcoins are taking the lead. The good news is that the entire market move together. You can see how these Altcoins also produced a bullish wave in January. The fact that they are growing now tells us that the others will follow. Look at VELOUSDT, this one also growing and I will share VRA for you as well to see what the chart has to say. Namaste.
VLong
by AlanSantana
✴️ Velo 500 To 800% Growth PotentialVELOUSDT went through a massive 85% correction (-85% from late February 2023 peak to the 25-May low). This correction pushed prices below the 0.786 Fib. retracement and reached the level where the initial bullish wave took place. We are now seeing very strong volume, buy volume. We are seeing a very strong RSI. We know the Cryptocurrency market is heating up and preparing for a massive bullish wave in the weeks to come. This is another example, the proof is in the chart. You can define your own risk and your own targets. The risk is pretty low at around 20%. The potential is huge between 500 and 800%. Namaste.
Long
by AlanSantana
1
✴️ VELOUSDT Bear Market Over? (Name Your Altcoin #60)There is no doubt that we underwent a massive bear market. There is no problem with that, no question... It is normal and after the bull market comes a bear market. Now, after the bear market comes a bull market... Forever... Now again, the question, is the bear market over? That's the question right? That's the only question we should be asking. Let's see what VELOUSDT has to say. The biggest bearish wave ever starts after the March 2021 peak, VELOUSDT All-Time High (ATH). By mid-December 2022, more than a year and a half later, a low/bottom is hit. The reaction after this low answers the question, is the bear market over? Massive volume. Super high, ultra-volume and 1,380% growth within 2 months. Yes, this is the beginning of the bull market. This type of action only happens after a bottom is in... You can get a correction but it isn't likely to move below December's 2022 low. And thus a higher low... Which would then lead to another bullish wave and this cycle repeats for years to come. It is what it is... But there is no reason to be mad or sad. This is awesome. This is great. We are trading cryptocurrencies. We are buying and selling cryptocurrencies. We want the market to grow. Even if you are a bear, learn to become a bull because the market is not only down, there is also up. The bear market is over. This is my translation of the charts. Namaste.
Long
by AlanSantana
1
VELOUSDT Technical Analysis⏳ Spot 💎 VELOUSDT has formed a Wedge pattern. After the rejection from the support zone and breaking above the major resistance it is expected to go higher and reach TPs 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 0.214267 to 0.200376 ☕️ TP1 0.229842 🍺 TP2 0.273200 🍻 TP3 0.328344 🍾 TP4 0.375911 🍷 TP5 0.422215 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 0.200376 to 0.181854 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
4
VELO going long It is a small cap Alt with less than 100M VELO in circulation. Volatility is highly expected. From the fundamental perspective, VELO team are promising the moon but the reality is far from it. Therefore, I am trading it as a shitcoin and taking it for a ride. From the TA perceptive, VELO is at rock bottom... very low volume at this stage too. But like all shitcoins, it'll have its day in this boiling bull run. The RSI is moving upwards from the 40 level after maintaining that level for long. My entry price is marked in blue, and my exit is set for 300% for now.
Long
by eBlockChain
1