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CoinrabiaDeFi
Buyers Regain Momentum After Big Selloff

The SUIUSDT.P futures market is really heating up, as big exchange buyers at Binance, OKX, Coinbase and others regain momentum. Sui continues to be under-priced at the moment, but market sentiment has been very mixed, with TA showing both rising up-channel, as well as "death cross" crash potential. The current trend reversal may signal that momentum is on the taker side as investors gain interest seeing numbers, who may not have been active in Sui market have decided to get a piece of the action. At this time 03:40 UTC I see futures market volume on the level of 500-600% or greater, above CEX spot market volumes. For example, Coinbase volume jumped from 4 to 6.77M in the last 60 minutes, while MEXC perpetuals have exploded from 36m to 59-60M in the last 45 minutes. All this is a good indicator especially considering we are outside normal workday hours. Perhaps traders around the world are taking notice of Sui as market volume increases.Watch those volume levels closely for signs of reversal at major exchanges - Binance SUIUSD Coinbase SUIUSD OKX SUIUSD and other high volume markets - BB Squeeze indicator is quite effective here for the perceptive trader.Stay tuned habibiVolume continues to grow as we see a slight backing off in price level. MEXC futures showing vol > 101MCoinbase spot showing vol >11.44M in the range of +200% increase in last 2hrBinance SUI-USDT around >17M vol

CoinrabiaDeFi
SUI Gains Momentum Last 24h

On the 15m chart we are seeing a strong indicator of momentum growing as SUIUSD climbs above 2.6367 with strong buying action. Up around 7% so far today, Sui is recovering from a slump during recent economic uncertainty and overall financial market volatility, but here we see in the last 48hrs a strong trend that appears to building momentum. Keep watch on Sui for opportunities for both short and long trades as we push into the upward channel.Performance has been excellent! Volume has been increasing massively from 2-3M a few days ago to 38.57M on Coinbase at the moment. This type of volume spike can be a signal of a potential breakout above the 2.82 resistance levels. For more info on the indicators and how to use this chart, check out my other post on the 1h chart here:Good luck trading habibi, and always follow your strategy in this price action times.

CoinrabiaDeFi
SUI Making a Comeback? 48hr Bullish

After a drop from 2.4 resistance levels, and some sideways during uncertainty and a boring weekend of mostly nothing, we are finally seeing a minor breakout from SUIUSD SUIUSD rising past 2.5 and hitting a high of 2.6537 before pulling back to around 2.57 in the last hours. Sui ecosystem itself is thriving, including a booming NFT economy, so it is easy to see the multiple uses which drive real world demand to buy, spend, and invest in Sui. The real issue is will performance continue? Or is this early week pump turn out to be anomaly that sinks back to downward sideways market. Its looking very bullish right now, but it would be even better to see uptrend continue with more solid days of gains. Stay tuned habibi

CoinrabiaDeFi
XCN Super Guppy Super Price Action

XCNUSD Supper Guppy signals continued upward trending price action for Onyxcoin on the 15m & 1hr charts.TradingView is showing Strong Buy on the technicals for XCN today.Some more about Onyxcoin ecosystem:Onyx Protocol is an algorithmic money market designed to bring secure and trustless credit and lending to users on Ethereum Network. Onyx enables investors to lend and/or borrow cryptocurrencies, by pledging the platform an over-collateralized amount of cryptocurrency. Onyx does this by utilizing money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand of each asset. Users who choose to supply liquidity to Onyx earn compounded interest as rewards for supplying their assets to the protocol. When supplying assets, users are also given the ability to mint stable-coins, or borrow other assets against their supplied assets. Once a user has supplied assets to Onyx, the user can then borrow assets or mint stable-coins, by over-collateralizing and paying interest on the amount borrowed. Loans from the Onyx protocol do not have monthly payments, late fees, and can be paid off at any time. Onyx is able to do this without ever requiring a credit check, with near immediate origination, using smart contracts that provide an automated, and absolutely transparent system for investment and profit distribution.Onyx also provides loans for CryptoPunks and BAYC. NFT holders can leverage their idle NFTs to obtain loans and earn extra yield. Website: onyx.orgTwitter: twitter.com/OnyxProtocolTelegram: t.me/OnyxOrgMedium: blog.onyx.org/Github: github.com/Onyx-Protocol

CoinrabiaDeFi
XCN Price Action

XCNUSD Onyxcoin cointinues price action today, seeing growth anywhere from 50-80% with todays high at 0.02490.Great to see more positive growth here from Onyxcoin which has a few days of consolidation before breaking above the 0.01800 level and beyond into the numbers we see today. A strong ecosystem that will likely see more growth in the future. Keep an eye on the 5m chart for some day trades. There are a lot of good positions available to enter the market right now.

CoinrabiaDeFi
XCN Near Term Target 0.0173

XCNUSD After a couple of exciting days for Onyx Coin, we have seen mostly sideways consolidation as the market normalizes prices and new investor capital flows in. XCN needs to break through the resistance of the previous high around 0.01595, to reach a target of 0.0173 which would signal return to a growth focused trend. Until then, likely more sideways consolidation, but watch out for sudden moves as interest continues to grow.We have broken through the resistance around the 0.01800 level and continue to see some nice price action in the XXCN market today, with Onyxcoin up +50% trading around 0.01870 at the moment. Look forward to continued growth if this trend continues. Also seeing XXCN on Top Gainers chart on Conbase today which is a good indicator of market interest.Target met plus some extra.

CoinrabiaDeFi
XCN Insane +228% ?!

Onyx coin XCNUSD would like you to have a nice day. Especially if you had those orders in for this crazy price action happening over the last 48h. onyx.orgcoinmarketcap.com/currencies/onyxcoinx.com/onyxdaoCheck out the code - Onyx Core Developer Editiongithub.com/Onyx-Protocol/OnyxOnyx Core is software designed to operate and connect to highly scalable permissioned blockchain networks conforming to the Onyx Protocol. Each network maintains a cryptographically-secured transaction log, known as a blockchain, which allows participants to define, issue, and transfer digital assets on a multi-asset shared ledger. Digital assets share a common, interoperable format and can represent any units of value that are guaranteed by a trusted issuer — such as currencies, bonds, securities, IOUs, or loyalty points. Each Onyx Core holds a copy of the ledger and independently validates each update, or “block,” while a federation of block signers ensures global consistency of the ledger.Onyx Core Developer Edition is a free, downloadable version of Onyx Core that is open source and licensed under the AGPL. Individuals and organizations use Onyx Core Developer Edition to learn, experiment, and build prototypes.Onyx Core Developer Edition can be run locally on Mac, Windows, or Linux to create a new blockchain network, connect to an existing blockchain network, or connect to the public Onyx testnet, operated by Onyx, Microsoft, and Cornell University’s IC3.While continued growth would be optimal, more likely to see a serious shorting drop after these highs.What can we say? -- "XCN added to watchlist"

CoinrabiaDeFi
ALGOrand Trending +12% Signals Continued Growth

After my earlier post on ALGOUSD strong performance, we are seeing some beautiful trending action in the Algorand markets today. Algorand was founded in 2017 by Silvio Micali, a computer scientist and professor at the Massachusetts Institute of Technology (MIT).algorandtechnologies.com/our-founder/Silvio Micali is one of the world’s foremost authorities on mathematics, computer science and cryptography. He is the founder of Algorand Technologies, the builder of the Algorand blockchain, which today is widely acknowledged to be one of the best performing Layer 1 blockchains ever created.Silvio has helped pioneer many of the breakthrough technologies that help power blockchain today. He is the co-inventor of probabilistic encryption, Zero-Knowledge Proofs, Verifiable Random Functions, and many other innovations that are the foundations of modern cryptography. He holds a total of 47 patents in the fields of random number generation, identification schemes, digital signatures, cryptography, digital certificates, and electronic transactions.Silvio has been awarded the Turing award for computer science, the Godel Prize for theoretical computer science, and the RSA prize for cryptography. Algorand ecosystem is very fast as you can see by the transaction speeds when using ALGO wallets like Defly and Pera. Both provide access to a wide range of Web3/DeFi platforms and tools, such as Meme Coins, NTFs, Algorand domains, swaps, and liquidly pools on platform Tinyman v2. ALGOUSDT isn't just a trending crypto, it is a DeFi ecosystem that is faster than many others out there like Uniswap and Phantom. Uniswap often laggs during swaps, and some swaps do not complete at all and stay in pending state forever. Some tokens cannot be sold because very high cash out fees or low liquidy in a token that has already been cashed out by other Rug Ninjas and Solana scalpers. Similar issues were experienced on Phantom - tokens that can't be sold after buying, high sell fees that make it impossible to cash out after a buy. Phantom is less sketchy than Jupiter, but when you are trading in the world of Algorand, I have not experienced any of the problems that I have had with Uniswap and Phantom as described above. This leads me to have greater confidence in the long-term growth potential for Algorand which puts more than a step ahead than competing and slower platforms like Uniswap, Phantom, Solflare, and Jupiter. Defly is a superior DeFi experience, not just a wallet and a token. The easy access to Liquidity Pools on Tinyman v2 is really what sets Defly above other wallets and DEX tools. It becomes possible to invest in a liquidity pool using a wide variety of tokens trading on Algorand, such as MOG, MONKO, Terabro (BRO), mALGO, TINY, DEFLY, Orange (ORA), PANDA Chain, Death by Disentary (DOD), BASILK and more. algorand.co --> HQdefly.app --> Tradeapp.tinyman.org --> Stake + Poolapp.nf.domains --> ALGO DomainsGet into the action with Algorand trading on Defly and see for yourself how fast the transaction speeds really are. Highly recommended!Remember habibi, the desert tests your will, not your strength.

CoinrabiaDeFi
Crypto World Faces Major Drawdown as BTC Slides

As I like to remind my friends - if you are not trading crypto, you are not paying attention to the new economy happening primarily on mobile devices and various blockchain specific wallet-based swapping platforms like Ape.pro on Jupiter, UNIUSD Uniswap, and SOLUSD Solflare, and the ever expanding Base ETH markets on Uni and elsewhere. Don't for get to buy DICKBUTT when you have some spare OPUSD to convert.Just a sample of the headlines out there:Meme Coins Decimated Amid Crypto Massacre: BONK, FLOKI, AI16Z Hit WorstAs Bitcoin (BTC) fails to hold above $100,000 for the fifth consecutive try, the cryptocurrency market plunged by 8.3% in a few hours. Here's why meme coins suffer the most while some of them are already back to surging.Read more on U.Today u.today/meme-coins-decimated-amid-crypto-massacre-bonk-floki-ai16z-hit-worstBut on the upside, we do have more crypto-friendly people being appointed to government positions, especially in the US which has faced an uphill battle against current crypto regulators. BTCUSD is down, but so is every token in every market right now. How will the rest of the week develop? Will we see a return to positive trends in alt-coin markets and a recovery of BTC beyond the magic 100k mark?Remember habibi, the desert tests your will, not your strength.

CoinrabiaDeFi
ASM Very Optimistic on 1D

Assemble AI continues it's strong performance record and has been growing regularly on the 1D chart as we see here. Today is a particularly exciting day for traders in the ASMUSD market as it moves to Top Gainers charts to compete with some other big volume tokens. Definitely a great project that I have posted about before. Today the chart example is using the Half Trend Heikin Ashi indicator strategy, which is quite useful for trading on the 5m/15m timeframe. A lot of movers in the later part of Monday trading for tokens including LRDSUSD Blocklords, SUKUUSD Suku, and OSMOUSD Osmosis."Crypto Insights Generated by AI"assembleprotocol.ions3.aimedium.com/assembleprotocol/assemble-ai-selected-for-microsoft-startups-founders-hub-program-with-up-to-150-000-in-grants-cd3452938158Remember Habibi, the desert tests your will not your strength.
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.