Latest / The Paul Barron Crypto Show / Altcoin Season Officially Begins?📈Technical Analysis w/ @EvanAldo @EvanAldo

Transcript

Altcoin Season Officially Begins?📈Technical Analysis w/ @EvanAldo @EvanAldo · The Paul Barron Crypto Show

0:07
Speaker 1: All coin season is upon us. Maybe this is the
0:10
Speaker 1: start of something big. Today we're going to break it
0:12
Speaker 1: down for you. My name is Paul Barron, welcome back
0:14
Speaker 1: in the tech path. Joining me, of course is mister
0:16
Speaker 1: Evan Aldo. Great to be on you are back off
0:18
Speaker 1: of the road again, Evan, Yes, that was the holiday.
0:22
Speaker 2: It was great. It was right a lot of you
0:23
Speaker 2: know weather it was nice up there.
0:25
Speaker 3: Party on the first for you or no.
0:26
Speaker 2: No I'm too old for then. I love it. Well.
0:31
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0:33
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0:35
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0:40
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0:41
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0:43
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0:45
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0:47
Speaker 1: get you into the game. And I know a lot
0:49
Speaker 1: of you are thinking all coins are the way to go. Well,
0:51
Speaker 1: Evan and I will break it down for you and
0:53
Speaker 1: get into a lot of that. Let's lead off with
0:56
Speaker 1: the all coin season chart right here. Man, we've got
0:59
Speaker 1: all coin seat. If you look at this, Evan and
1:02
Speaker 1: where it has been over just the last little Bit
1:06
Speaker 1: all coin season index pumped around to almost to eighty.
1:09
Speaker 1: This was back in early December, and then we retraced
1:12
Speaker 1: back down, obviously on overall market cap, but also just
1:16
Speaker 1: in all coins in general that started to retrace down.
1:19
Speaker 1: And you look at where it's where it is right now.
1:21
Speaker 1: People look at this index right here, still trading on
1:24
Speaker 1: the light side of true all coin season. How long
1:27
Speaker 1: before you think we'll truly see a flaming all coin season.
1:32
Speaker 2: Well, if history is any indication, a couple of weeks probably.
1:35
Speaker 2: I think when Eth hits a new all time high,
1:37
Speaker 2: hits back to that forty eight hundred.
1:38
Speaker 3: Couple of weeks in January, the couple Yeah, most.
1:41
Speaker 2: Likely within a lot right here, I think we're right
1:43
Speaker 2: there at Bitcoin dominance is very bearish. You know where
1:46
Speaker 2: we are in the first cycle was January of twenty
1:48
Speaker 2: twenty one where it really took off that time, and
1:51
Speaker 2: then the time before was January of twenty seventeen. So
1:54
Speaker 2: within these patterns that crypto follows, it would be within
1:58
Speaker 2: a few weeks.
1:59
Speaker 3: Yeah.
1:59
Speaker 1: One thing to look at is the situation on bitcoin
2:02
Speaker 1: right now. Black Rocks etf saw withdrawal of almost thron
2:06
Speaker 1: of thirty three million dollars yesterday. This was the largest
2:09
Speaker 1: outflow in history on bitcoin, So that didn't necessarily affect
2:14
Speaker 1: the bitcoin price as much. We still continued to see
2:17
Speaker 1: bitcoin edge its way up after a year end. I
2:20
Speaker 1: think taxlocks harvesting not only for maybe not necessarily Bitcoin,
2:25
Speaker 1: but in general, I think people were trying to position
2:27
Speaker 1: around some tax events. The IRS kind of backed off
2:30
Speaker 1: some things that also helped the market in general. You
2:33
Speaker 1: look at bitcoin dominance right now. If you look at
2:36
Speaker 1: the dominance chart, Evan, what do you see right here?
2:39
Speaker 1: I mean, this is a continuous down since what was
2:43
Speaker 1: this about December twenty first we started seeing those dips
2:47
Speaker 1: and we are now hovering at fifty seven percent on
2:50
Speaker 1: the dominant chart.
2:51
Speaker 2: So yeah, I mean it looks very similar to how
2:53
Speaker 2: it looked back in beginning of twenty twenty one. January
2:56
Speaker 2: of twenty one. See, you had this area and then
2:58
Speaker 2: we came down a lot similar situation and here look
3:00
Speaker 2: at these rsi's right here, these you know rsi's just
3:03
Speaker 2: starting to come down very similar. So it looks like,
3:06
Speaker 2: in all likelihood you would continue downward for a nice
3:08
Speaker 2: all cooin season. If we look even back more, I
3:11
Speaker 2: mean where we saw the all cooin season the last
3:13
Speaker 2: time in the previous cycle. Before last cycle February, it
3:16
Speaker 2: was really the peak was December of twenty sixteen, and
3:19
Speaker 2: then you were just you know, headed straight down. So
3:21
Speaker 2: unless you think we're going to see no all cooin
3:23
Speaker 2: season at all, this should continue downward for the majority
3:27
Speaker 2: of this year.
3:28
Speaker 1: Is is there an area within bitcoin that you're looking
3:32
Speaker 1: for for it to achieve to say, all right, we
3:35
Speaker 1: are at now max potential here for all coin season
3:39
Speaker 1: to really start to kick off.
3:40
Speaker 2: I don't think. I think the new all time high
3:43
Speaker 2: was kind of you know, the new all time high
3:44
Speaker 2: holding where we are right now. I think that's the
3:46
Speaker 2: big thing. And I think the next thing is eth
3:48
Speaker 2: kind of jumping up to those new all time highs.
3:50
Speaker 2: You know, that's going to be the big thing. I think.
3:52
Speaker 3: Well, I mean at one o six, this was back here.
3:54
Speaker 1: I mean, if you don't look, count the wicks, but
3:55
Speaker 1: the closes right there on the sixteenth of December, hovering
3:59
Speaker 1: around one o six.
4:00
Speaker 3: Right now. Of course, bitcoin trading in around ninety.
4:02
Speaker 1: Eighty six, which is continuously started to add up a
4:05
Speaker 1: little bit.
4:05
Speaker 3: Do you think we break one hundred?
4:07
Speaker 2: I think you got a technical target. If we look
4:09
Speaker 2: right here on bitcoin, you know double bottom right here
4:12
Speaker 2: your technical Your next target is going to be if
4:14
Speaker 2: we could break above where we are right now, big place.
4:16
Speaker 2: One oh five would be that big place. And if
4:18
Speaker 2: we could break above there, your next target would be
4:20
Speaker 2: one eighteen right there, so that would be the next
4:23
Speaker 2: big place. It is known for thirty percent correction. So though,
4:26
Speaker 2: so once we get to one eighteen one to twenty
4:28
Speaker 2: plot twist, then you might finally come down to that
4:31
Speaker 2: eighty k everybody was talking about, but even more of
4:34
Speaker 2: a plot twist as this happens. Like we saw black Rock,
4:36
Speaker 2: I think it was selling bitcoin. I think a lot
4:39
Speaker 2: of people have the same idea. They're going to be
4:41
Speaker 2: selling some bitcoin potentially buying all coins. So throughout this
4:43
Speaker 2: potential thirty percent pullback for bitcoin, a lot of all
4:46
Speaker 2: coins may only come down twenty or twenty five percent.
4:49
Speaker 3: Well, I think that's the key.
4:50
Speaker 1: Watching that you look at the macro side of things
4:53
Speaker 1: in terms of just the overall market on trad fi
4:56
Speaker 1: at the S and P five hundred now largest drop
4:59
Speaker 1: and this is from Christmas to year in this is
5:02
Speaker 1: since nineteen fifty two. We haven't seen a drop like
5:05
Speaker 1: that since nineteen fifty two Polish.
5:08
Speaker 3: So okay, well, why.
5:10
Speaker 2: Well, I mean, yeah, you know, in the four year
5:13
Speaker 2: cycle and all this. You know, you got the new
5:15
Speaker 2: president coming in, a lot of things look good. I
5:17
Speaker 2: think you unless you think we're going into recession all that,
5:19
Speaker 2: I think it's unlikely. You look at this chart right here,
5:22
Speaker 2: nice double bottom pattern, and you got a little bit
5:24
Speaker 2: of fear too. You look at fear and greed for
5:25
Speaker 2: us and B five hundred a lot of fear, same
5:27
Speaker 2: thing were big one, big one, kind of neutrable, but
5:29
Speaker 2: still fear. For where we are in the cycle, double top,
5:32
Speaker 2: I think you've got a good shot of jumping up
5:33
Speaker 2: to sixty three hundred, okay, and a month, you know,
5:36
Speaker 2: a few months from now. So in all likelihood, I
5:39
Speaker 2: think we should continue forward. There is a little bit
5:42
Speaker 2: of fear we could break down further, but I don't
5:43
Speaker 2: think it's going to happen.
5:44
Speaker 1: I think we're going to If you listen to Tom Lee,
5:46
Speaker 1: because he's been talking about sixty over six thousand, you
5:51
Speaker 1: know SMP. When you look at what his trends are
5:54
Speaker 1: still aligning. He still likes the two hundred k bitcoin.
5:57
Speaker 1: You know in markets, and he's starting to lean a
5:59
Speaker 1: lot more in to all coins, which was interesting, obviously
6:02
Speaker 1: Solana being one of them. Speaking of that, several ETFs
6:05
Speaker 1: now looming, and there could be some pretty immediate actions
6:11
Speaker 1: that could happen on the twentieth of January, with obviously
6:14
Speaker 1: the new SEC chair coming in of course the new administration.
6:18
Speaker 1: But Eric Balschunaz hits on this right here, you can
6:20
Speaker 1: bet on several all coin ETF approvals. Not necessarily going
6:24
Speaker 1: to say I've agree with all of these odds, but
6:26
Speaker 1: here they are. This was kind of the breakdown. So
6:28
Speaker 1: the ones that we're watching is Solana ETF, and we're
6:32
Speaker 1: also watching the Ripple or the XRP ETF right now.
6:37
Speaker 1: XRP could have anywhere between a sixty four and a
6:40
Speaker 1: seventy percent chance depending on what you're thinking of in
6:44
Speaker 1: terms of the lock here, but also Solana potential by
6:48
Speaker 1: July of this year a fifty eight percent chance. When
6:52
Speaker 1: you look at Solana right now on the chart and
6:55
Speaker 1: you like it at around two hundred bucks, is this
6:58
Speaker 1: one do you feel starts to really make a charge
7:01
Speaker 1: toward what a lot of people have been pointing at,
7:03
Speaker 1: which is around one thousand dollars, Salona.
7:05
Speaker 2: I don't think we're gonna go up to one thousand dollars.
7:07
Speaker 2: I think that may be a little bit too optimistic,
7:09
Speaker 2: but I could get you. You know, I think it's
7:11
Speaker 2: gonna do very well. Now. The first thing I'm looking at,
7:13
Speaker 2: we're already at two seventeen right now. I think we
7:15
Speaker 2: could easily charge up to two sixty by potentially the
7:19
Speaker 2: end of this month, and then break above there by
7:22
Speaker 2: the summer, potentially getting up to four hundred. You know,
7:25
Speaker 2: in the coming months in the summer, that's gonna be
7:27
Speaker 2: a big place. And then I think if we follow
7:29
Speaker 2: the four year cycle what I look at, if you
7:31
Speaker 2: really zoom out here in some of the high timeframes
7:33
Speaker 2: high charts here, you know, I think that would be
7:36
Speaker 2: around that six fifty mark one thousand dollars. I mean,
7:40
Speaker 2: I think that's gonna be a little tough. It is
7:42
Speaker 2: a little bit when I zoom out in some of
7:43
Speaker 2: these charts, it is a little bit scary. But when
7:45
Speaker 2: I look at my four day you know, you got
7:47
Speaker 2: the trigger wave right there. Last time we had the
7:49
Speaker 2: trigger wave that brought you up to that area. That
7:51
Speaker 2: would easily bring you up to two sixty eight you
7:53
Speaker 2: break above there, I think you at least could see
7:55
Speaker 2: four hundred and then hopefully that's six hundred mark the
7:59
Speaker 2: next big FIB levels. So I think you can get
8:01
Speaker 2: a three X would be a good goal. One thousand bucks.
8:04
Speaker 2: A five X. I don't know.
8:06
Speaker 1: Solon was surpassing one hundred billion to market cap right now,
8:09
Speaker 1: so that in itself a three X would be pretty
8:12
Speaker 1: significant for.
8:13
Speaker 2: The mare billion dollar market cap. I don't know about
8:16
Speaker 2: five hundred billion dollars.
8:17
Speaker 3: That would be tough looking at that.
8:19
Speaker 1: You've got to look at some of the other things
8:20
Speaker 1: that are happening right now. They just flipped B and B,
8:24
Speaker 1: so it could go into some interesting waters right now,
8:28
Speaker 1: especially because you got to think about an X or
8:31
Speaker 1: excuse me, a Salona ETF. It where to get launched
8:35
Speaker 1: in the middle of a cycle in which an all
8:38
Speaker 1: coin run was happening, because we you know, when we
8:40
Speaker 1: get the e ETF, it did not happen during a
8:42
Speaker 1: cycle in which Ether was running, right, So that would
8:46
Speaker 1: be my question, whether it's XRP or a Solana ETF. First,
8:50
Speaker 1: if timing is right, will it benefit if there is
8:54
Speaker 1: an ETF out there exposed at the same time that
8:56
Speaker 1: an all coin is flying.
8:57
Speaker 2: Well, let's say this salon to ETF comes out and
9:00
Speaker 2: in the summer Salona is that four hundred bucks? I
9:02
Speaker 2: think that could easily bring up to six hundred. Did
9:04
Speaker 2: that double lay up to one thousand? Maybe you're eight
9:06
Speaker 2: hundred maybe, but I mean I would be safe trying.
9:10
Speaker 2: I'd be in the safe side try to get out
9:11
Speaker 2: six hundred.
9:12
Speaker 1: Maybe poly Mark is talking about XRP, and there's a
9:17
Speaker 1: few people that kind of weigh in on this. I'll
9:19
Speaker 1: kind of zoom in on a couple of these, but
9:20
Speaker 1: mostly it's a seventy percent chance right now that we'll
9:24
Speaker 1: see it. Plus, you've got r l USD most likely
9:28
Speaker 1: rolling out on major exchanges. And remember with our l
9:31
Speaker 1: U s D, the gas is just very similar to
9:33
Speaker 1: like ethereum, but not necessarily based on circle. But that's
9:38
Speaker 1: using XRP. So the x ORP token itself is going
9:40
Speaker 1: to most likely take off with with an XRP ETF.
9:45
Speaker 3: Yeah, where does XRP head to.
9:47
Speaker 2: I think XRP with if everything goes well with an ETF,
9:50
Speaker 2: I think you got a good shot at high fives
9:53
Speaker 2: up to six dollars, which is going to be a
9:54
Speaker 2: good area, So a little over a double at least
9:58
Speaker 2: I could think, you know, which would be similar to
10:00
Speaker 2: what I would guess on Solana kind of as well,
10:03
Speaker 2: at least a bit over a double. I do think
10:05
Speaker 2: Solana may do a little bit better a XRP. That's
10:07
Speaker 2: just I like Salana better. But I mean, the first
10:09
Speaker 2: thing we're looking at here, if we could break out
10:11
Speaker 2: of this range we've been in, your next big place
10:13
Speaker 2: is going to be four dollars and forty five cents.
10:15
Speaker 2: You could see that within a few months, then after
10:18
Speaker 2: that and to the end of the year, maybe those
10:20
Speaker 2: high fives, after five, you know, after six dollars, I
10:23
Speaker 2: think it could be kind of tough. I mean, if
10:25
Speaker 2: you really draw some major fib levels here, I mean,
10:28
Speaker 2: you do have higher areas. You know, there's eight dollars,
10:30
Speaker 2: even you know, twelve dollars. I guess that's possible, but
10:35
Speaker 2: things would get pretty crazy. Let's just focus on that
10:37
Speaker 2: six dollars mark, you know, focus on that double up
10:39
Speaker 2: to three hundred billion dollar market cap, you know, right now,
10:42
Speaker 2: And I mean keep in mind XRP is quite a
10:45
Speaker 2: bit of a larger market cap than Salona, So I
10:47
Speaker 2: still think there's more opportunities.
10:48
Speaker 1: I think the key here with XRP is its connectivity
10:52
Speaker 1: to the traditional financial systems. Remember, you're going to have
10:55
Speaker 1: a lot of activity on our LUSD which is going
10:58
Speaker 1: to drive the price of ripple of the coin. And
11:01
Speaker 1: then you've got a lot of adoption cycles that are
11:04
Speaker 1: now going into mainstream trad fi. And if you get
11:08
Speaker 1: an XRP ETF, mainstream trad fi are typically the suitors
11:13
Speaker 1: of that. So that would be the only thing that
11:14
Speaker 1: I would say extra could benefit from them.
11:17
Speaker 3: Maybe beyond what the charts are showing right now.
11:20
Speaker 1: Ethereum ETFs are now setting new records. This was happening
11:24
Speaker 1: in December, institutional interest storing past two billions, So that's
11:27
Speaker 1: a big mark that a lot of people have been
11:29
Speaker 1: looking at milestone really for eight I think a lot
11:33
Speaker 1: of people anticipated this before December.
11:36
Speaker 3: They thought it would happen, they did not.
11:38
Speaker 1: And now if you look at just the chart here
11:41
Speaker 1: that I'm showing on the ETF flows the back half
11:44
Speaker 1: of the year right there, if you go all the
11:46
Speaker 1: way back into November, the ETF flows finally started kicking
11:49
Speaker 1: up on ethereum. With that being the case, timing here
11:53
Speaker 1: right now with bitcoin dominance starting to slip and the
11:57
Speaker 1: potential of all coin seasons starting to move is ethereum,
12:01
Speaker 1: the first mover on this. Do we do you think
12:03
Speaker 1: we see an all time high back to forty eight hundred.
12:06
Speaker 2: I think there's a good shot. The first thing I'll
12:07
Speaker 2: show you here is Eth versus Bitcoin, which has been
12:09
Speaker 2: a scary chart. We've come down a lot over since
12:13
Speaker 2: September of twenty two, over fifty percent here, but I
12:16
Speaker 2: think we finally if we could hold this level we're
12:18
Speaker 2: at right now, we're making a higher level double bottom.
12:20
Speaker 2: This looks really really good for Eth versus Bitcoin. And
12:22
Speaker 2: just to show you the last time here quickly where
12:25
Speaker 2: we bonded out, it was the end of December of
12:26
Speaker 2: twenty twenty, exactly four years ago. And then look at
12:28
Speaker 2: this crazy high rally against bigcoin right here. You have
12:32
Speaker 2: performed it by over two hundred percent. So even if
12:34
Speaker 2: you could get half of that, that's really really good.
12:36
Speaker 2: Now let's look at the each chart itself. The next
12:39
Speaker 2: big place we're looking at. I would say, well, technically
12:41
Speaker 2: thirty seven hundred, but I think you could break above
12:44
Speaker 2: that and get to that four thousand mark, especially in
12:46
Speaker 2: the sixteen hour if we repeat this, see where we
12:48
Speaker 2: came into the green for a while. Let's say we
12:50
Speaker 2: repeat this come into the green, which I think would happen.
12:53
Speaker 2: And if you look at this trajectory, are old all
12:56
Speaker 2: time high around forty nine hundred. I think you might
12:58
Speaker 2: be able to hit that by the end of the month.
13:00
Speaker 2: And what's even crazier, let's look at what happened exactly
13:03
Speaker 2: about four years ago in the four year cycle. Yeah,
13:05
Speaker 2: let's find it here where we first made so it
13:08
Speaker 2: was the January twenty eighteen all time high. We made
13:10
Speaker 2: the new all time high here right in the beginning
13:13
Speaker 2: of February of twenty twenty one, so exactly four years later,
13:16
Speaker 2: it would pinpoint to a new all time high, and
13:18
Speaker 2: maybe we finally hit that fifty two hundred mark this
13:21
Speaker 2: spider line at the end of this month, early February,
13:23
Speaker 2: So I think you got that trajectory. Yeah.
13:25
Speaker 1: And there's two things happening with ethereum right now. One
13:28
Speaker 1: of course, is if the ETF does get approval for staking,
13:32
Speaker 1: that would be a whole new game within traditional finance,
13:37
Speaker 1: especially around the ETHTF, and it might come in line
13:40
Speaker 1: with what's happening right now with them, which is staking
13:43
Speaker 1: concerns also use the stagnation starting to slow a little
13:46
Speaker 1: bit at the same time.
13:48
Speaker 3: I think a lot of.
13:48
Speaker 1: That as people maybe in a position where they're trying
13:50
Speaker 1: to trade or get ready to make a trade, So
13:53
Speaker 1: some of that could just be flowing over within the
13:55
Speaker 1: market in general. Listen, we've got ces happening this week.
13:58
Speaker 1: That means Nvidia, that means AI. That means we're going
14:02
Speaker 1: to see all sorts of cloud compute projects that really
14:06
Speaker 1: make it to the next level.
14:07
Speaker 3: One that I want to take a look at. I
14:09
Speaker 3: want to take a look at the chart.
14:10
Speaker 1: But over is one we've been watching here for quite
14:13
Speaker 1: some time, and as you guys know, Render is one
14:16
Speaker 1: I would say that has the most potential that is
14:19
Speaker 1: very tied to what invidious performance has been.
14:22
Speaker 2: What about render, Render I think has got a good
14:25
Speaker 2: shot here. I like kind of what I'm seeing on
14:27
Speaker 2: the chart. You know, you have this giant kind of
14:29
Speaker 2: you know, one of my favorite patterns, especially in bull markets.
14:32
Speaker 2: It's a giant reverse head and shoulders for me. And
14:35
Speaker 2: if you break upward from that, you should at least
14:37
Speaker 2: get up to eighteens high seventeens here, and once you
14:40
Speaker 2: break above that thirty dollars could be in the case,
14:43
Speaker 2: could be in the ballpark, and then forty dollars. I
14:45
Speaker 2: think you got it.
14:46
Speaker 3: What's your top for Render?
14:48
Speaker 2: I mean I would start. I don't have any particular top,
14:51
Speaker 2: but I would I would be starting to at least
14:52
Speaker 2: get out at forty. I would think forty, you know,
14:54
Speaker 2: would be depending on where we hit, you know, forty
14:57
Speaker 2: three to four x. I think you got a good shot,
14:59
Speaker 2: So three would be your thirty to forty. Okay, thirty
15:02
Speaker 2: to forty.
15:02
Speaker 3: I think that's a healthy exit too.
15:04
Speaker 1: I think for a lot of people that might be
15:06
Speaker 1: going into the one thing I would argue with that
15:09
Speaker 1: is only the potential of a lot of the well,
15:14
Speaker 1: we'll talk about virtuals, but just AI agents in general.
15:17
Speaker 1: What we could see in terms of kind of rising
15:21
Speaker 1: all boats on both what we've seen with where render
15:25
Speaker 1: has gone, which is most cloud compute. I wonder if
15:27
Speaker 1: it would possibly garner in more interest on Render.
15:31
Speaker 2: I think if we can get up to that thirty
15:33
Speaker 2: to forty within a few months, then you've got a
15:35
Speaker 2: potential double from there, or maybe a fifty percent gain
15:38
Speaker 2: from there and to the end of the year. But
15:39
Speaker 2: if we're in October November of this year, and we're
15:42
Speaker 2: only at thirty or forty. That's probably it. Yeah.
15:44
Speaker 1: Well, I mean you have Vegas spear sphere right here
15:48
Speaker 1: rendered entirely on render. So that was pretty fantastic right there.
15:53
Speaker 3: Could that is crazy? Look at that. Wow, that is
15:56
Speaker 3: so unbelievable. I love it.
15:59
Speaker 1: I love to see the fact that we're seeing blockchain
16:02
Speaker 1: out there in Vegas at this level.
16:03
Speaker 3: Yeah, for sure.
16:05
Speaker 1: With that being the case, I've got to take a
16:07
Speaker 1: look at virtuals. Virtuals is one that we've been talking
16:09
Speaker 1: about for some time. It's exceeding now five billion in
16:13
Speaker 1: terms of the market cap, but there was a little
16:15
Speaker 1: bit of pullback even though that's still considerably high from
16:19
Speaker 1: where it was price per token over five bucks. Do
16:22
Speaker 1: you like virtuals and do you feel like this one
16:25
Speaker 1: has a big opportunity for more so?
16:27
Speaker 2: The first thing that I look at when I see
16:28
Speaker 2: this is my three day You know, your money flows
16:31
Speaker 2: still good. It's obviously overheated, it's going to be it's
16:33
Speaker 2: only going up into the right, but it looks like
16:35
Speaker 2: a continuation. Your next target is going to be right
16:37
Speaker 2: around eight dollars. So from where we are right now,
16:39
Speaker 2: I know it's crazy that volatil is crazy eight dollars.
16:41
Speaker 2: I think you may be able to see a double,
16:43
Speaker 2: but that before a potential pullback. I mean, where could
16:46
Speaker 2: this end up. It's hard to say when you have
16:48
Speaker 2: a new chart, but if you want to just you know,
16:50
Speaker 2: this could be a big pattern we broke out of,
16:52
Speaker 2: you know, that kind of range. This is take this
16:54
Speaker 2: very grain of salt, though, but I mean at twenty x,
16:57
Speaker 2: I don't think it would go that high. But I
16:59
Speaker 2: mean ten to twenty x is possible for something with
17:02
Speaker 2: this small of a market cap. Very risky though, but
17:04
Speaker 2: it's possible.
17:05
Speaker 3: Yeah.
17:06
Speaker 1: Well, okay, so well, with the fact that we've seen
17:10
Speaker 1: render starting to flow into some AI potential obviously virtuals
17:14
Speaker 1: AI agents becoming what most likely we'll see a handful
17:18
Speaker 1: of meme tokens and other things start to fly into
17:20
Speaker 1: that area.
17:21
Speaker 3: I think that's one of.
17:22
Speaker 1: The biggest narratives to watch for twenty twenty five sure
17:26
Speaker 1: is the virtuals and or just AI in general, and
17:29
Speaker 1: how this might be playing out AI agents that speaking
17:33
Speaker 1: about that, we're got to talk about prime and of
17:35
Speaker 1: course they're here's just a quick you tweet right here.
17:39
Speaker 1: Simulation game on parallel colony. We've had the Prime team
17:42
Speaker 1: on here before. When you look at Prime, the token
17:46
Speaker 1: it trades on coinbase, So this could be one just
17:48
Speaker 1: because of its availability, yep of people trying to jump
17:51
Speaker 1: into something.
17:52
Speaker 3: It has some AI narrative behind it. Do you think
17:54
Speaker 3: Prime can hold?
17:55
Speaker 2: I think it can. It should be able to keep
17:57
Speaker 2: going here. I like how my money flows generally coming
17:59
Speaker 2: up on my five day, my five day, same thing
18:02
Speaker 2: on three day. It looks good for continuation. Your next
18:05
Speaker 2: big place if you kind of break above like eighteen
18:07
Speaker 2: bucks would be really a three to four x maybe
18:10
Speaker 2: forty two that's a big fib level. Then sixty six,
18:13
Speaker 2: so I could see this continuing, you know the trajectory
18:16
Speaker 2: that we've seen here. Following this trajectory, maybe summer you
18:21
Speaker 2: may see a forty to sixty dollars forty to sixty
18:23
Speaker 2: five dollars Prime. So I think this can continue to
18:27
Speaker 2: do well. Looks pretty good, all.
18:28
Speaker 3: Right, We got to jump to some of the charts here.
18:30
Speaker 1: I want to go to Suite real quick because SWEE
18:34
Speaker 1: is most likely going to see some AI agents working
18:37
Speaker 1: its way into the Suite ecosystem. If you look at
18:40
Speaker 1: where it is right now, it's recovered completely back to
18:43
Speaker 1: a tie. What do you like for Suee in terms
18:46
Speaker 1: of the potential for this token?
18:49
Speaker 2: So I think that when you look at where we
18:51
Speaker 2: are money flow, I mean it is overheated, but that
18:53
Speaker 2: it's coming back up. It looks like it can continue.
18:56
Speaker 2: And then your next big place is going to be
18:57
Speaker 2: at six dollars. If you could break above that, you're
18:59
Speaker 2: looking at ten dollars and then probably the highest I
19:02
Speaker 2: would well, it's actually only a three x to fifteen,
19:05
Speaker 2: So maybe a three x from here you could see
19:07
Speaker 2: in the end of this year, middle to end of
19:10
Speaker 2: this year, you know, fifteen dollars I could see. I
19:12
Speaker 2: think it'll generally continue its trajectory upward, you know. I
19:17
Speaker 2: mean it was a jump up here, then you have
19:19
Speaker 2: the correction jump up here. I mean people would think, oh,
19:21
Speaker 2: where's your correction. I mean you may not see a
19:23
Speaker 2: major correction until we GetUp to ten dollars or something,
19:26
Speaker 2: but there's going to be volatility. So you know, my
19:28
Speaker 2: target for this, I think ten to fifteen dollars is
19:30
Speaker 2: a good goal.
19:31
Speaker 1: Okay, is there anything right now that you're looking at
19:34
Speaker 1: that you feel is a ten X project?
19:36
Speaker 2: A ten x project where it.
19:37
Speaker 1: Is maybe setting today. I mean, let's think Avalanche, it's
19:40
Speaker 1: still hovering around forty bucks. Does it make it to
19:43
Speaker 1: four hundred? You look at further down the chart, anything specific.
19:47
Speaker 2: You know, the good news that's been coming out. I
19:49
Speaker 2: don't know if a lot of people would agree with this,
19:51
Speaker 2: but the good news that's been coming out crypto dot com.
19:54
Speaker 2: There's been a lot of good stuff there that's been suppressed.
19:56
Speaker 2: It could be risky, but you're at fifteen cents right now.
20:00
Speaker 2: Your old all time high was at eighty two, and
20:04
Speaker 2: then above that your ten That would easily bring you
20:07
Speaker 2: to a ten x if you could hit that dollar
20:09
Speaker 2: fifty mark, which is a pretty good fib level. So
20:12
Speaker 2: I think if we can get the momentum right, and
20:14
Speaker 2: a lot of people have been complaining about coinbase and
20:16
Speaker 2: moving over to a crypt usingcrypto dot com, that could
20:19
Speaker 2: also help the token. So I think if the stars align,
20:22
Speaker 2: it could be very risky, but if the stars align,
20:24
Speaker 2: this could make a new all time high and hit
20:25
Speaker 2: a dollar fifty about a ten x, all.
20:27
Speaker 1: Right, So a buck fifty on crow maybe interesting. I
20:31
Speaker 1: haven't seen that one in a while, so I will
20:33
Speaker 1: have to go with you on that one, anything else
20:35
Speaker 1: you like.
20:36
Speaker 2: Oh man, off the top of my head, I mean,
20:38
Speaker 2: other than a lot of the ones you mentioned. I
20:39
Speaker 2: mean there's a lot of potential that virtuals. I mean
20:43
Speaker 2: there are some me a ape coin, half meme coin,
20:45
Speaker 2: you know. I do think you would see a resurgence
20:47
Speaker 2: in some of those NFTs that may help out ape coin.
20:51
Speaker 2: H bars come a long way, but I think from
20:53
Speaker 2: in the all likelihood, from where we were at the low,
20:55
Speaker 2: I think h bar can do really well. Maddick as well,
20:58
Speaker 2: I think is pretty suppressed. I don't know if it
20:59
Speaker 2: can do a full you know, ten x. Let's take
21:02
Speaker 2: a look at matic just really quickly here, Yeah, I
21:05
Speaker 2: mean just you're at fifty cents right now. It would
21:07
Speaker 2: be a five x back up to all time highs,
21:10
Speaker 2: I believe, you know. Yeah, So if you can make
21:13
Speaker 2: new all time highs for this, you would need five
21:15
Speaker 2: dollars for a ten x. I mean there are targets
21:18
Speaker 2: up there. I don't know if you'd make it all
21:19
Speaker 2: the way up to that four dollars marker that mark,
21:22
Speaker 2: but I think there's potential if you can make a
21:23
Speaker 2: new all time high with this, you could see a.
21:24
Speaker 1: Ten x all right, So all coin season, right at
21:27
Speaker 1: the beginning of possibly a recovery, we start to see
21:31
Speaker 1: a movement.
21:31
Speaker 3: You feel like it's just around the corner.
21:33
Speaker 1: Yeah, in terms of some of these highs, especially with
21:35
Speaker 1: Ethereum possibly leading out, getting it's all time high, regaining
21:38
Speaker 1: that market share.
21:40
Speaker 3: With that being the case, is.
21:42
Speaker 1: There a time in which you would potentially exit your positions.
21:48
Speaker 1: A lot of people look at May as a target zone,
21:50
Speaker 1: which is if you look at the past cycles, that
21:52
Speaker 1: has proven to.
21:54
Speaker 2: Be a case.
21:54
Speaker 1: Do you feel like we do see the lull intercept
21:57
Speaker 1: in the in the summer. Would you exit in in May,
22:01
Speaker 1: wait for some lulls in the summer, and try to
22:03
Speaker 1: re enter before the fall.
22:05
Speaker 2: You could try to do that, but statistically, really the
22:07
Speaker 2: best place to get out of the doll coins has
22:09
Speaker 2: always been between October to December of the post house
22:12
Speaker 2: hold all the way through. I'm going to try to
22:14
Speaker 2: but if something's up twenty or thirty X, or even
22:17
Speaker 2: ten X for that matter, I may consult it to yeah,
22:20
Speaker 2: move it to something more solk.
22:21
Speaker 1: So yeah, yeah, So DCAI, let's talk about that for
22:24
Speaker 1: a second. You've ten xd on tokens, maybe five x
22:29
Speaker 1: on some of these major projects and you're in a
22:31
Speaker 1: position where you want to take profits. What is your
22:34
Speaker 1: strategy on DCA on the out side.
22:38
Speaker 2: Start dcing out from beginning of October and be done
22:41
Speaker 2: dcing out by the end of December. That's historically what
22:44
Speaker 2: works in the post having years, and you would you
22:47
Speaker 2: would have some serious gains there. I mean. The other
22:50
Speaker 2: thing too, is when it gets you fork, when you're
22:52
Speaker 2: up ten or twenty x, maybe just sell and put
22:54
Speaker 2: it into something. You know, maybe virtuals went up ten x,
22:56
Speaker 2: maybe Mattic went up ten x, maybe eight Win went
22:58
Speaker 2: up tax maybe Crow went up to next Maybe put
23:00
Speaker 2: it into bitcoin, something safer, maybe putting us in P
23:03
Speaker 2: five hundred. Maybe pay off your mortgage. You know what
23:04
Speaker 2: I mean.
23:05
Speaker 3: I like it.
23:05
Speaker 1: That's the other way, So move some of that around,
23:08
Speaker 1: definitely for sure. All right, you guys, if you have
23:10
Speaker 1: not checked out Evanaldo's channel, make sure and jump over
23:13
Speaker 1: to YouTube and just evan at Evanaldo very easy to
23:16
Speaker 1: get to.
23:17
Speaker 3: When's the last time you did a video here man
23:19
Speaker 3: last night? Last night?
23:20
Speaker 2: Yeah, a live stream, not a live stream, no pre
23:22
Speaker 2: recorded calling back.
23:23
Speaker 3: To one offio okay and e to thirty seven hundred.
23:27
Speaker 3: That was your number?
23:27
Speaker 1: Yeah, okay, so you like thirty seven hundred. Quickly, you guys,
23:30
Speaker 1: subscribe to Eva's channel. He does a great job on
23:33
Speaker 1: both live streams, but also has a course over there,
23:35
Speaker 1: you guys can get.
23:36
Speaker 3: Into very easy to do, use our code. We always
23:39
Speaker 3: put a code down in the link below, So good
23:41
Speaker 3: seeing you.
23:42
Speaker 2: Read to be on.
23:43
Speaker 3: Yeah, all right, you guys.
23:44
Speaker 1: If you're not in the Diamond circle, get in right now,
23:47
Speaker 1: make sure and of course join. We got additional content
23:49
Speaker 1: over there, podcasts, all sorts of research. But of course
23:52
Speaker 1: you can also reach me out there on x just
23:54
Speaker 1: apple baron. We'll catch you next time. Right here on
23:56
Speaker 1: tech Path, the Mutin