"SELL IN MAY AND GO AWAY"
Was this a valuable advice? Maybe.
If you did, you probably have a good amount of capital to deploy on this recent dump. With the recent selloff, there are many good opportunities to #buythedip on some high-quality projects.
Here are my top 5 on my radar 👀 :
PROJECT:
THE #AI GOOGLE OF BLOCKCHAIN
You probably already saw my posts about this sleeping giant, but here's a quick recap if you missed it.
The Graph is an indexing protocol aimed at improving accessibility to blockchain data. It enables users to conveniently search for Ethereum-based data through simple queries, just like Google but on the blockchain.
Wondering about a possible entry? I've got you covered 👇
PA
Possible PO3 happening: First accumulation, then manipulation, and finally upward expansion.
Probability? It all depends on the $0.29 level recovery (in orange).
If the price recovers strongly and holds above it, the target is set at $0.43 (+50%)
PROJECT:
NFT Trading Platform on Solana characterized by advanced functionalities like TradingView integration, collection-wide bids, and market-making orders.
PA
The price is still floating and accumulating at low levels.
Getting back to the $1.30 range is key to maintaining the bullish momentum. Price tested it but got rejected. It will likely scoop some liquidity below that area before attacking the resistance again.
Breaking through could propel us to higher levels, with a target of $2.
$BB
PROJECT: DEFI for $BTC
The first megadrop was an impressive event. But despite all the acclaim, there's more beneath the surface.
BB is the first Bitcoin restaking protocol. Institutional involvement in BTC Layer 2 solutions is increasing, and BB’s recent price movements suggest potential for significant gains. Don't get caught off guard.
PA
After the initial distribution, the price recovered to higher levels.
A retest of previous support around 0.60$ is likely, but from there we could continue into the price discovery zone. Target? All depends on the BTC L2 narrative explosion.
Long term is still a good entry zone. The potential is massive.
PROJECT:
Many parallels have been done, linking RNDR with NVIDIA
Render Network is the leading provider of decentralized GPU-based rendering solutions, revolutionizing the digital creation process.
You can imagine the potential upside if AI explodes.
PA
As analyzed in my previous posts, a clear bullish flag was slowly forming on the D.
However, the deviation was greater than expected, making this a decisive moment.
Recovering the range with strong confirmations (volume, recovering support levels, etc.) will be essential to keep going higher.
If we recover that, we'll likely see some distribution before breaking out towards $12.5.
$INJ
PROJECT:
Last but not least, Injective Protocol.
Injective is a blockchain built for finance. It's an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.
Many important key player of the crypto sphere are already involved in this project and Binance is one of them!
PA
After an initial strong rise, the price lost an important support level, which has now turned into resistance.
It tried to break through this resistance around $30 but got heavily rejected (look at those wicks!).
Claiming that level is key to seeing new highs, but first, there will probably be some lateral distribution.
Many important upcoming developments in the crypto market are ahead of us and these projects have strong potential because they are based on solid foundations. Stay alert and ready to act on these opportunities.
What are you top 5 picks? Share your thoughts below 👇