SOLOUSDT trade ideas
Sologenic (SOLO)Sologenic (SOLO) is a sophisticated platform designed to facilitate the trading and issuance of digital assets over the XRP Ledger. Its main feature is to enable users to tokenize assets like stocks and cryptocurrencies, creating a dynamic bridge between traditional financial markets and the crypto world. SOLO aims to streamline these processes while maintaining high security and efficiency.
The current price of Sologenic (SOLO) is $0.12 with a 24-hour trading volume of $4 million. SOLO has shown a significant increase of 20% in the last 24 hours, indicating a strong bullish sentiment and a robust interest in its asset tokenization capabilities.
Given SOLO’s innovative approach to asset tokenization and its recent market performance, the next price targets for SOLO could be set at $0.165, $0.225, and $0.285. Investors might consider taking a position now. This trading idea leverages the growing trend towards asset tokenization and the broad capabilities of the XRP Ledger, positioning Sologenic as a pivotal player in bridging crypto with traditional assets.
Sologenic Ready for Double❗Sologenic is an ecosystem built on top of the XRP ledger network utilizing the on-demand tokenization of assets from traditional financial markets.
Q2 is the best time to trade RWA Crypto, because of Larry Fink Ceo of Blackrock that focusing on tokenization real world assets. Many RWA Crypto has already pumped way more that 100% in just a week. What's next?
Sologenic is a real world assets + cbcd crypto that has not pumped yet.
Sologenic has already breakout from descending channel and right now we are in a bullish continuation pattern (Bull Pennant). From the Stoch, we can see that the momentum is crossing up, the volume spikes and it seems ready to take off!
If you want to buy, place entry on the demand zone with stop losses slighty bellow the demand.
And for reminder, use risk management & don't go all in. Goodluck!
Recap :
- Bullish Fundamental
- Bullish Chart Pattern
- Bullish Indicator
Follow me for more deep crypto outlook!
SOLOGENIC Pump is loadingSOLOGENIC is following the XRP mindset. It's slowly accumulating around $0.15. I expect a minim 10x in the bull run for this coin, and looking at the chart we could see a 4x in the next months
SOLOGENIC Showing Bullish SignalsMany bull flags printed in recent history show some bullish price action on this Sologrnic chart.
Meant for the tokenized stock market that NASDAQ is supposedly building, Sologrnic appears to be an ETH-like token on the XRPL that looks to facilitate a decentralized stock and tokenized asset marketplace.
Here, the chart shows us a bottom forming in the recent past with lots of volume and buyers triggering sell-offs that you can see by the long leading tails of the candles with corresponding high-volume days.
I'm a long-term holder because I see this token returning to above $5. I'm not sure, but it will be as soon as the world wakes up to the limitations of the current stock market models and after asset tokenization gets into the regulated marketplaces.
SOLO up to follow the pumpSologenic looks ready to follow the BTC pump. 10% risk on spot for a 60% reward. Price looks a bit compressed here, maybe we can see an explosive move
sologenic ready to fly?hitting the orderblock then boooooom....
The price area of 10 cents is the best point of purchase
good luck
SOLOUSDT - UP 86%🥂 Next Target 65cHi Traders, Investors and Speculators of Charts📈📉
SOLOUSDT has since gone up 86% since my last post on it, as seen here:
If you're NOT looking to accumulate and you're swing trading, now is a great time to bag in some profits so cheers to you 🥂💥👍
If you missed out on the SOLO run, here are the other top 9 Altcoins on my watchlist:
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POLONIEX:SOLOUSDT CRYPTO:SOLOUSD
SOLO SPOT LONGDCA into Sologenic. Currently near the demand zone with big upside potential since the project is solid with some great developments and the goal of tokenizing tradfi
SUPER BULLISH on SOLO - SologenicHi Traders, Investors and Speculators of Charts 📈📉
Before we dive deep into the fundamentals of the new DEX Sologenic, please note that this is not a paid shill or endorsement but rather introducing a new partner to try out in your crypto journey whether you speculate coins or NFTs.
Sologenic disrupts the asset trading industry by offering a decentralized ecosystem for Tokenized Securities, Crypto Assets, and NFTs. The Sologenic Development Foundation consists of independent developers dedicated to maintaining, expanding, and building the Sologenic ecosystem. Sologenic.com serves as the primary use-case for the Sologenic Ecosystem, providing on-demand tokenization of various assets, including Stocks and ETFs. There's also the mobile app for convenience and wallet creation.
Sologenic, the pioneering NFT marketplace built on the XRP Ledger, has received a grant from XRPL Grants. This grant program selects open-source projects that contribute to the growth of the XRP Ledger community. The approval came shortly after the successful launch of the Sologenic NFT Marketplace in January 2022. Sologenic's vision aligns with XRP's goal of revolutionizing decentralized finance (DeFi) by offering decentralized and borderless access to financial products and services while prioritizing security and performance. By leveraging the XRP Ledger's fast and efficient consensus algorithm, Sologenic aims to provide an intuitive and cost-effective platform for NFT trading.
The recent introduction of the NFT-Devnet unveiled the capabilities of the new XLS-20d technology, which enables native support for NFTs. Sologenic announced that once the technology becomes available on the Mainnet, a seamless migration of NFTs minted under the current XLS-14/SOLO methodology to the new format will be supported, preserving the history of each NFT. Operating within the same ecosystem as the Sologenic DEX, a decentralized exchange for cryptocurrencies such as XRP, SOLO, and upcoming Tokenized Assets, the NFT Marketplace offers a user-friendly interface for both newcomers and experienced traders. Sologenic aims to bridge the gap between traditional trading and NFTs, empowering users to have full control over their digital assets through their preferred private wallets.
Within its first week of operation, the Sologenic NFT Marketplace witnessed the sale of 4,300 NFTs, prompting the introduction of new features. The team has implemented profile and collection verification protocols to enhance user security within the decentralized ecosystem.
Noting that this is BULLISH for the price of XRPUSDT as well as SOLOUSDT, as it increases adoption and market cap considering you need about 10XRP to mint an NFT collection and 3 SOLO to mint an NFT. This is extremely affordable compared to other options in the market.
SOLOUSDT has recently released and the price is dirt cheap. It looks like most of the hype and airdrop sales are over, I'd be looking to start accumulation from now onwards (even though I expect the price to drop more, so it will be spot definitely not leverage). I am EXTREMELY bullish on SOLO due to the revolutionary nature of their products including minting on XRP and coming soon the stock market trading options.
POLONIEX:SOLOUSDT
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A CLEAR CALL TO 600% PROFITWe are now in a critical point
we have two directions
first one :
if we breaked the down trend we have a High probability to get the targets
second one :
if we break the up trend we will go down by 16% and reverse the trend to achive the targets
any way 16% is nothing compare to the profits.
Buying now is Recommended and if it goes down 0.135$ it will be a chance to buy more
Positive divergence is observed on the RSISOLO has registered more than 40% price growth in the last 24 hours. SOLO corrected again due to the strong resistance of the $0.2445 range, and tested the previous floor at the $0.1510 range. A strong positive reaction to this area indicates dramatic growth in a candle. The potential could still exist for the price to rise. Therefore, the targets set for it are in the range of $0.2445 and $0.2700. Besides, a positive divergence is observed on the RSI indicator in the daily timeframe.
SOLO - Technical review and analysisSOLO has been up more than 30% in the last 24 hours. The price of this currency recorded a sharp increase to the resistance level of $0.25 after finishing the range area and breaking the ceiling of this area in the $0.20 range. In return, the pullback to the ceiling of the range channel also returned a strong positive reaction of the price to the resistance range. Due to the high strength of the resistance, we can expect a larger range area for this currency. In the 4-hour timeframe, the ceiling and higher floors form an ascending channel. But if one of the ranges is corrected, it can be considered at the price of $0.190.
$SOLO - Number Go Up 🤞Medium term PT for $SOLO; Using fibs and traditional TA.
Catalyst: Securities Broker Dealer License
Sologenic 3 month price range 2022This is of course just my opinion and not meant for trading purposes. I am only speculating on short term and taking into consideration the Bitcoin price action in the process. I can be totally wrong here as I have been many times before especially with this changing interest hike/global tension on inflation etc..... I could see Solo come back to retest its recent low price of $0.31 given the BTC price action at a low of $28k.
Sologenic 2023 bull cycle price scenario 2We have a lower inside pitchfork going into the 2023 bull cycle with more palatable price points. For the month of November, we have a high price of $95 MIddle price of $60 and a low of $37. If the bull cycle is in December/January then we have a high price of $413 middle price of $261 and a low price of $164. Clearly, these seem more attainable given that Sologenic is a Layer 1 protocol and is also on the XRPL (xrp ledger).
Sologenic 2023 bull cycle priceUsing the inside pitchfork and layering them can give us a possible price scenario for Sologenic end of 2023. Of course we are basing this on the Expanding Cycle THeory mentioned by Nicolas Merten from Datadash on Youtube. The bull cycle for Bitcoin could happen in 2024 as well. No one has the crystal ball on the future peak for Bitcoin but with some math and trend analysis it is possible to get close and this is why the ECT (expanding cycle theory) makes sense. We see to tier price points on these inside pitchfork fibs. For November 2023 top $3579 Middle $1113 Low $390. For December/January we see top of inside Pitchfork $32,243 (never happen lol) Middle $9887 Low $3597.
What do ya'll think?
LONG ON SOLO SOLO, is one of the most popular coins on XRPL with great fundamentals, like DEX, NFT, tokenized asset, fiat on ramp, blockchain briding and coreum blockchain airdrop.
SOlO has a tendency on the upside movement for those who are patient and believe in the project
In my opinion, SOLO possibly reach its bottom but its invalid if the support line is broken
if you are a trader better put the small position first to minimize the loss
if you are an investor, you can Dollar-cost averaging to accumulate
DISCLAIMER: Not financial advice and "INVEST OR TRADE ONLY WHAT YOU CAN AFFORD TO LOSE"
Sologenic accumulationStandard chart shows Sologenic has retraced to a golden accumulation zone after extension. Low social media sentiment and lack of euphoria on twitter after fear and doubt sets in. This is where whales begin looking for their entries to accumulate their future krill, who will purchase at or above previous all time high.
SoloSologenic retracement finding stability and touching the Fibonacci levels before it confidently enters the double digit shark tank. Extremely long, whales are accumulating.
Sologenic (SOLOUSDT) a lot of POTENTIAL!! NOT A FINANCIAL ADVICE!!
EDUCATIONAL PURPOSE!!
SHORT TERM- 6-7 USD,
MID TERM(6 months approx.) - 10-14 USD.
LONG TERM (11 months+) - 20-30-50-100-150
