SpaceCatch narxCATCH

Oh, the coin went 2x—wow, so quick! That was easy. Now, should I exit? Hell no! These guys know their stuff, and they’re all HODLing, calling for higher targets. The sentiment is overwhelmingly bullish. I can’t miss out on what could be life-changing gains. If I hold a little longer, maybe I’ll catch a 5x, a 10x… financial freedom is within reach.

PI Network is making waves again, surging +13.44% in the past 24 hours. But is this just another speculative spike, or does it hold real potential? Let’s break it down with both fundamental and technical analysis to see if PI is worth your attention. 📊 Fundamental Analysis: Hype vs. Reality 1️⃣ Real-World Utility: Still in Limbo PI Network was launched as a mobile-first cryptocurrency aimed at mass adoption. Sounds great, right? But there’s a catch—its mainnet is still not fully open, meaning most users can’t access their tokens freely. Until that happens, PI remains more of a concept than a truly decentralized currency. 2️⃣ Market Sentiment: The Power of Speculation With a 24-hour trading volume of 147.73M PI and a turnover of 244.8M USDT, it’s clear that traders are actively engaged. But is this based on strong fundamentals or just hype-driven FOMO? Right now, it leans more toward speculation. 3️⃣ Liquidity Concerns: Is the Price Sustainable? The price hit a high of $1.7977 before dropping back to $1.6792. This volatility shows that traders are moving the market, but without major exchange listings and a fully unlocked mainnet, liquidity remains a big question mark. --- 📈 Technical Analysis: Bulls or Bears in Control? 🔹 Trend Direction & Moving Averages MA (5): 1.6724 (Short-term support) MA (10): 1.6984 (Current resistance) MA (20): 1.7260 (Long-term resistance) PI recently failed to break above $1.80, showing a potential rejection at resistance. The 5-day MA is still supporting price action, but with MA(10) and MA(20) above it, we could see a downtrend if volume weakens. 🔹 Key Support & Resistance Levels Resistance: $1.80 - $2.00 (If broken, expect a breakout rally 🚀) Support: $1.50 - $1.60 (A drop below could trigger deeper losses 📉) 🔹 Momentum & Price Action The recent higher high of $1.7977 shows bulls were in control, but the subsequent dip suggests sellers are taking over. If volume remains high, a retest of $1.80 is possible. But if volume drops, we might revisit $1.60 or lower. 🔥 Final Verdict: Buy, Hold, or Avoid? ✅ Short-term traders: PI is volatile, meaning potential for quick profits if momentum continues. Watch for a breakout above $1.80. ⚠️ Long-term investors: Until mainnet unlocks fully and major exchanges list PI, its fundamental value remains uncertain. Right now, PI is running on hype and speculation—which can fuel short-term gains but is risky for long-term holders. Keep an eye on volume and news updates before making a move! $PI

The ELX/USDT market has been experiencing significant fluctuations, with a 5.99% decline in the last 24 hours 📉. The current price of $0.5382 presents a critical decision point for traders and investors 🤔. In this analysis, we'll break down the key trading zones, market trends, and technical indicators to determine the best buy and sell levels 📊. 📈 Market Overview & Key Data 📈 - 🔹Current Price: $0.5382 - 🔹 24H High: $0.6156 - 🔹 24H Low: $0.4989 - 🔹 24H Volume: 42.01M ELX - 🔹 Total Turnover: $22.59M ELX recently spiked to $0.5723, followed by a pullback, indicating potential accumulation and resistance zones 📊. 🟢 Buy Zones (Support Levels) 🟢 - ✅ $0.52 - $0.53: A strong support level where buyers have stepped in before 📈. - ✅ $0.50 - $0.51: A psychological support level that could trigger fresh buying interest 🤔. - ✅ Below $0.50: If ELX drops further, this zone could provide a major buying opportunity, but caution is advised 🚨. 🔴 Sell Zones (Resistance Levels) 🔴 - 🚀 $0.56 - $0.57: This level acted as resistance during the previous uptrend and is the first key selling zone 📊. - 🚀 $0.61 - $0.62: The recent high, which could pose strong resistance unless the price gains momentum 🚀. - 🚀 Above $0.62: A breakout above this level could trigger a bullish rally toward $0.65+ 🚀. 📊 Technical Indicators & Trend Analysis 📊 - 🔹 *Moving Averages: MA(5): $0.5367 – short-term support. MA(10): $0.5357 – currently acting as a pivot level. MA(20): $0.5408 – could serve as minor resistance 📈. - 🔹 Volume Trends: The 24H volume of 42.01M ELX suggests high trading activity. However, a recent dip in volume indicates a potential consolidation phase before the next move 📊. Market Trend: ELX remains in a short-term correction phase but could resume an upward trend if key support levels hold 📈. 🎯 Trading Strategy & Recommendations 🎯 - 💰 Buy Entry: Around $0.52 - $0.53 to catch a potential rebound 📈. - 💰 Sell Targets: First at $0.56, then $0.61+ if momentum continues 🚀. Stop-Loss: Below $0.50 to manage risk effectively 🚨. 📢 Final Thoughts 📢 ELX is currently at a critical decision point 🤔. If the price stays above $0.52, we could see another bullish attempt toward $0.56-$0.61 🚀. However, a drop below $0.50 may trigger a stronger downtrend 📉. Traders should monitor volume, moving averages, and price action closely before making a move 📊. 📌 Always use proper risk management and conduct your own research before trading 📌.

Despite the VeChain ecosystem making significant progress over the past few months, its native crypto VET has failed to catch up with the developments while instead responding to the broader crypto market correction. Over the past month, the VET price has corrected by 30%, in tune with the fall in some of the top altcoins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and others. Following this correction, market analysts believe that VeChain (VET) could be eyeing a parabolic rally, as per the historical trends. During the March 2020 COVID market crash, the VeChain price experienced a steep 81% crash, with market sentiment for the altcoin hitting an all-time low. Many believed the project was doomed, with widespread declarations that VeChain was finished and the bear market would persist indefinitely. However, defying all the optimism, VET bounced back confidently, with its price soaring 15x by August 2020. After a 60% correction that shook out weaker investors, VET embarked on an extraordinary 30x rally during the subsequent bull run. With the unfolding of the current crypto market cycle, investors have started to revisit the past trends, expecting another parabolic rally for VET to follow, as noted earlier. As of press time, the Vechain price is trading 7.77% down at $0.02316 with its market cap diving under $2 billion. Also, the 24-hour daily trading volume has surged by 44% to more than $99 million for VET. Currently, the derivatives data from Coinglass shows that the VET futures open interest has dropped 17.49% to $44 million. Thus, the trader sentiment around the altcoin seems to be bearish. Over the past few months, the VeChain ecosystem has registered some key advancements. As mentioned in our previous report, February was a landmark month for this ecosystem as the blockchain network recorded several achievements, including protocol upgrades, technical advancements, and strategic partnerships. A significant highlight was the network’s sustainability efforts, with over seven million sustainable on-chain actions recorded during the month. VeChain’s Cleanify initiative played a key role, capturing an average of 118,000 daily actions, reflecting growing adoption and engagement with its environmentally focused solutions. Additionally, VeChain unveiled its Renaissance project, thereby introducing a new staking system, different from the existing passive rewards. The reorganization aims to boost network engagement through an NFT-based staking model while reshaping VeChainThor’s tokenomics, as highlighted in our previous story. Under the Renaissance paradigm, Vechain would shift away from automatically generating VTHO from VET holdings. Instead, users must actively stake their VET to earn rewards, promoting greater decentralization and network security. The key feature of this transition is the introduction of Staking NFTs. This allows participants to lock up their assets while benefiting from a more dynamic and engaging reward system.

The US Bureau of Labour Statistics will release the CPI report at 8:30 a.m. ET. The consumer price index for February is forecast to show an increase of 0.3% for a broad array of goods and services across the largest economy in the world. That projection holds both for the all-items measure and the core index that excludes volatile food and energy prices. On an annual basis, that would put headline inflation at 2.9% and the core reading at 3.2%, both 0.1 percentage point lower than in January. GOOD NEWS The good news is that those rates represent a continuation of a steady but quite slow drawdown in the inflation rate over the past year. BAD NEWS: The bad news is that both are still well above the Federal Reserve's 2% goal, likely keeping the central bank on hold again when it meets next week. "We expect broad-based deceleration, we expect used car prices rise because of past wildfires, according to our analysis, certain goods and services show residual seasonality in February, and we think supply constraints keep airfares inflation elevated in February." Trump's tariff moves have stirred market worries of both rising inflation and slower economic growth. However, Federal Reserve Chair Jerome Powell and his colleagues have indicated that in their view, tariffs historically have been one-off price increases and not fundamental inflation drivers. If that's also the case this time, policymakers might look through any price blips from trade policy and continue to lower rates, as markets are projecting this year. Goldman Sachs economists expect the Fed to stay on hold until policy comes into a clearer view, then likely lower the central bank's benchmark lending rate by a half percentage point later this year. "We see further disinflation in the pipeline from rebalancing in the auto, housing rental, and labor markets, though we expect offsets from catch-up inflation in healthcare and a boost from an escalation in tariff policy," the firm said in a note. Impact on crypto market .... There are two chances . whether it is positive or negative impact . If the inflation rate decreases, the positive behaviour is shown. If the inflation rate increases, the negative sign is visible . After reading the report, I will analyse the market condition clearly.