ALT is continuing its downward movement, with the price being unable to break the trendline. It is predicted that we may see the price move towards the major support area in the coming days. This zone would be ideal for new entries.

Major Support Area: $0.295-$0.305

#GAL bounced form the support zone around 8% in profits but due to market conditions, price dipped ack to the zone and now approaching towards the trendline. A bounce is expected through the zone, and in case previous positions are still opened, use stops below previous swing low.`

If we inspect the breakdown of this metric by wallet sizes, we can complete a more detailed assessment. Here we see a distinct uptick in net outflows 🟥 across all cohorts throughout April, suggesting a consistent sell-side pressure across the board.

Persistence often pays off in the long run. Typically, there's a period of 5-6 months of accumulation before a significant market movement occurs.

#PRA
#MTL/USDT analysis -

#MTL is going up and hitting new highs while finding support over a 200EMA. The price is currently correcting but expected to break out of the trendline soon. You can enter a long position when it breaks the $1.864 level. The price is expected to test the previous swing high.

TF : 1D
Entry : $1.864
Target : $2.934
SL : $1.334
@RG_Analitics
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Here's the Analysis of #ALT :

#ALT broken the major level around $0.349 - $0.360, which will work as the major resistance area. Market is again look bearish at the moment, so price expected to reach the support around $0.29 - $0.30, where buys can be take along with the market conditions.

JUP analysis:

Price was rejected from the resistance area and now slowly moving towards the support area. This is no trade zone and better to wait for some time.

Support Area: $0.835-$0.895

Resistance Area: $1.14-$1.22

#PRA
#LINK/USDT analysis -

There's a potential short trade opportunity on a lower timeframe (LTF) for #LINK. The price is currently facing resistance at a trendline and is expected to decline from there, possibly testing new lows. We can consider entering a short position if the price breaks down below the $13.685 level.

TF : 15min
Entry : $13.685
Target : $13.012
SL : $14.143
@RG_Analitics
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Bitcoin is currently attempting to hold the trendline and it remains to be seen how the price will react. The major support area is currently between $59,000-$60,000, while the resistance levels have remained unchanged. We may witness a significant market movement next week.

#BTC going perfectly as planned, price made a dip down towards the support zone of $61,100 level and rejected very precisely too. Now, expected a good retracement from here and even a breakout to the upside. Plan your trades accordingly with the movement.

#BTC.D again made a flip to the upside, and we already got some signals that market could fall again. Well, Index is very choppy at the moment and bounced from the trendline made its way to the upside. Its better to wait for it to flip again.

NEXO is still trading within the triangle pattern. We may see a test of the support area and observe how the price reacts. The support and resistance levels remain unchanged.

What's is #NUPL (Net Unrealized Profit/Loss) ?

NUPL (Net Unrealized Profit/Loss) looks at the difference between Unrealized Profit and Unrealized Loss to determine whether the network as a whole is currently in a state of profit or loss. Net Unrealized Profit and Loss (#NUPL) is the difference between market cap and realized cap divided by market cap.

Assuming that the latest #coin movement is the result of a purchase, #NUPL indicates the total amount of profit/loss in all the coins represented as a ratio.

It could be interpreted as the #ratio of investors who are in profit.

To make it Simpler for you, Any Values over '0' indicate investors are in #profit and an increasing trend in value means more #investors are beginning to be in #profit.

This phase indicates the increasing reason to take #profit which leads to an increase in sell pressure.

In this bull market, US Spot ETF momentum has notably impacted price action, as seen through the Net Unrealized Profit & Loss (NUPL) metric. NUPL measures net paper profits (or losses) normalized by market cap.

When NUPL exceeds 0.5, it signals the Euphoria phase of a bull market. In the current cycle, NUPL surpassed 0.5 about 6.5 months before the halving, compared to 8.5 months in the 2020-21 cycle. This shift underscores the ETF's role in accelerating price action by introducing significant demand into the market.

#PRA
#KP3R/USDT analysis -

#KP3R is in downtrend making LLs and LHs structure trading below 200EMA. Price is currently rejecting from EMA, it is expected to decline further and will form new low.

TF : 4H
Entry : $69.78
Target : $60.14
SL : $76.57
@RG_Analitics
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The price of FET has bounced back from the expected support area. If you opened a long position as signalled, you would have made a profit of more than 34% from our entry. However, the price has once again been rejected from the resistance area, which may result in another test in the coming days. If you are still holding your long positions, it is advisable to increase your stop loss to the breakeven point and hold.

Educational Post

What Is the Atomicals Protocol?

Atomicals is a free, open-source protocol that provides a flexible way of creating digital objects on Bitcoin or any other blockchain that adopts the same UTXO model. Each digital object is called an “Atomical” or “atom” and basically consists of a chain of digital ownership, which follows a set of simple rules.

The Atomicals protocol can be used to mint, transfer, and update all sorts of static or dynamic digital objects, including fungible tokens and non-fungible tokens (NFTs). Atoms are created through Bitcoin transactions, and the protocol is compatible with any Bitcoin wallet without the need for separate chains, layer 2 networks, or third-party services.

What Is ARC-20?

Inspired by the BRC-20 token standard and built with the Atomicals protocol, ARC-20 is an experimental token standard for fungible tokens (colored coins) on the Bitcoin network.

Each ARC-20 token is linked to the value of at least one satoshi, the smallest unit of Bitcoin. This means that, by design, the value of each ARC-20 cannot go below 1 satoshi. However, that doesn’t necessarily mean that there will be market demand for such tokens, so it’s important to DYOR before taking risks.

It’s worth noting that there are no official ARC-20 tokens. All of them were created by the community and launched independently of the Atomicals Protocol team.

#PRA
#RAD/USDT analysis -

#RAD is approaching a resistance level near the 200EMA, and it has made multiple attempts to break out of this level but hasn't succeeded yet. The price is likely to break out of this level with a strong bullish candle. To go long, wait for the price to break out of the $1.956 level and aim for the next resistance level as a potential target.

TF : 4H
Entry : $1.956
Target : $2.500
SL : $1.618
@RG_Analitics
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Here's the Analysis of #WLD :

#WLD is been rejected hard from the Strong Resistance Area of $6.37 - $6.42 and missed from the a key level of support around $5.12 - $5.17. Price strongly looks bearish at the moment, its better tot wait for the price to tap into the support zone for potential buys or buy continuation will come after the market structure shift.

FTT analysis:

The price was unable to break through the resistance area and encountered a lot of selling pressure. We will likely see a test of the support area in the next few days, which could be an opportunity for new entries. You can place your buy orders within the support area.

Support Area: $1.65-$1.75

Resistance Area: $2.18-$2.22