?Weekly baseline? 01.2025(20-24-∷)?.B Baseline 2670 Supports?Resistance 2704 2646
Possible Rebranding of an Existing Token: A Strategic Collaboration with the President The recent announcement of the MEXC:TRUMPUSDT cryptocurrency has ignited discussions about its origin and its sudden rise to fame. Market data suggests that $TRUMP might not be entirely new but a rebranded version of an existing token. Historical price charts from exchanges like Gate.io and MEXC reveal trading activity for a $TRUMP-named token as far back as March 2024, long before the President’s public endorsement. Rebranding an existing token in collaboration with a high-profile figure like the President offers several advantages: Instant Market Hype: Association with a well-known personality generates massive publicity, attracting retail and institutional investors. Enhanced Trust and Legitimacy: A presidential collaboration can shift market perception, making the token appear more credible. Reviving Dormant Projects: Tokens with limited traction can leverage rebranding to reignite interest and trading activity. If the MEXC:TRUMPUSDT token is indeed a rebranded project, its association with the President has proven successful, as evidenced by its meteoric rise in value to $72 shortly after the announcement. Current Analysis: The MEXC:TRUMPUSDT token is currently trading at $72, experiencing a surge due to its high-profile launch. However, considering historical data and market patterns, a price correction to the $37–$40 range is likely. This range aligns with the previous all-time high (ATH) of $37–$38 recorded on March 5, 2024. Short-Term Projection: If the token revisits its previous ATH, this retesting could act as a strong support level. Historically, price corrections to significant levels often precede larger upward movements, as they confirm market confidence in these levels. Long-Term Projection: Assuming the token completes the #5 Wave of the Elliott Wave cycle, it could potentially surpass the $100 mark. The Elliott Wave theory suggests that the fifth wave is often driven by strong market sentiment and euphoria, fueled by both technical and fundamental catalysts. Conclusion: While the MEXC:TRUMPUSDT token's current momentum is undeniable, investors should anticipate a near-term correction to $37–$40 before a rally beyond $100. This projection combines historical data, technical analysis, and the hype surrounding its rebranding and presidential collaboration. However, as with any volatile asset, investors should exercise caution and conduct thorough due diligence.
Welcome to another week of trading this eternally bullish instrument called the NAS100. Last week was a buyers paradise for the patient... This is not to say that there were not selling opportunities, however as I have always stated and stood by...Any sells on the NAS100 are only temporary retracements to fulfill a HL on the Larger timeframe and so as always, I ignored the noise traded my strategy and enjoyed the success of the analysis. This week we will see Monday with an early close for Martin Luther King's birthday and so there will be a shortened trading session on Monday. As for any other news factors, that does not affect my trading in any way shape or form as the market is going to complete its structure one way or another... You should have noticed that on Friday the H1 finished by making the highest point of the week and has not gone back to test the Lowest point it created on Monday. Another important fact is that the new High created on the H1 was made by breaking a previous (minor structure) HH and as such this is a solid indicator that the ATH will be challenged and broken real soon...Guaranteed. So for this week it is more of the same: 1. Take the buys from my largest HL 2. TP on my HH (If the market only records a LH...then I still TP) 3. Wait for the next HL and repeat the process. Have a wonderful trading week. #oneauberstrategy #auberstrategy #aubersystem #zigzagtheory #whywewait #patience
Hello my fellow traders what do you think about BTCUSD. kindly share your feedback in the comment section. Current Price: 105300 Date: 19 January 2025 H1 Candles have completed "W" Pattern which indicates a downward sell retracement. Currently market is showing strong resistance and has tried to break lower area multiple time. BTCUSD market is working under the range of "105500" and "102200". 102200 Position shows support the BTC while 105500 rejects it. Market has tested both positions multiple time but seems unable to decide one direction. Currently Market is moving below the resistance area of 105500 and now it can again drop and test the supporting area and if it breaks this position then it will have a drastic fall which take BTC back to 97500 which is our demand zone. Key Areas: Resistance Areas: 105500, 108500 Supporting Areas: 102200, 97500 Demand Zone: 97500 Kindly Like, comment and follow for latest updates on BTCUSD.
XRP's last true bull market was in 2017, and the current cycle seems quite similar. Both started with several years of triangular consolidation before breaking out. During the previous cycle, XRP retraced to Fib 0.786 after hitting Fib 1. This time, it’s showing a slight pullback after reaching Fib 1 as well. Every coin has multiple potential scenarios, and one possible script for XRP is retracing to Fib 0.786 after touching Fib 1—implying a potential correction of at least 52%. However, the real bull might ignite after this pullback, with targets possibly reaching $26 (Fib 1.618, as seen in the last cycle). Feel free to share your perspectives—I’ll cover other potential XRP scripts in the future!
Mainstream media attention is here. US BTC reserves: A "Sell the news"-event. Its still time to sell high right now. Sell to the newbies. Wait for buy opportunities. Wait for the blood. Control your emotions, use them.
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Der Enthüllungs-Trailer der Switch 2 hat die Konsole in den Fokus gerückt, während das neue Dock geradezu stiefmütterlich behandelt wurde. Nur eine kurze Aufnahme von der Front gab es im Video zu sehen – aus gutem Grund? Laut der Einschätzung eines bekannten YouTubers könnte die Rückseite eine echte Überraschung beherbergen, die sich Nintendo vielleicht noch aufspart.
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