1/ Kinexys by J.P. Morgan (@jpmorgan), Ondo Finance, and @chainlink are teaming up to connect bank settlement infrastructure to Ondo Chain.
Today, we are excited to announce the debut transaction on Ondo Chain testnet — a cross-chain, atomic DvP settlement of OUSG.
READY FOR BIG MOVES 🚀
Market pumps when we least expect it.
We are already in the 3rd week of recovery with :
$DIONE doing 2X
$PROPC around 90% push
$SOL flipping $130 resistance
$ETH regaining $2k
$RENDER above $4
$ONDO close to $1
$LINK at $15 support
Yes, this is not enough are we are far from the levels where we can successfully call it a day.
But we cannot ignore the progress and your belief in the projects which will be converted into big moves soon.
➢WHY SHOULD YOU BE EXCITED ?
If you can recognize the patterns, look at the chart below.
From April to September we went in a similar downtrend for Altcoins and saw some recovery run around September.
3 weeks of bullish price action ( just like right now ) was followed by some short term consolidation before a big catalyst arrived.
The catalyst was Donald Trump winning and we started another rally which was accelerated with hype, memecoins and projects that did not even make sense.
➢ WHAT IS THE SITUATION NOW?
Right now situations is both similar and different in its own way.
Similarity is the technical side of the chart which can see a bullish crossover on the momentum leading to big pushes going forward.
The difference aspect is the potential catalyst.
While in December it was the Trump wave, next wave could be the liquidity injection with FED ending QT. However the exact time of it is unknown.
Another big catalyst is that most new investors have learned their lesson with memecoins.
I expect good projects with solid use-cases to take charge now which was not the case in December.
While the situation is dicey right now, the past 3 weeks show strength.
Its time that we look into some projects solving real world problems instead of chasing quick profits.
Times like these are best for improving your fundamental knowledge and trading strategies.
Keep up with them because once we start the big moves again, we would be short on time.
Let us know which projects are worth researching in current times. We would love to make some analysis around those.
👇
Biggest FOMC meeting of the year on Wednesday!
The Fed will decide to hike, hold, or cut rates.
Will Jerome Powell cave to Donald Trump's 'lower rates' demand?
What do you expect? #bitcoin