Latest / The Paul Barron Crypto Show / Solana To $300 Next?🚀Technical Analysis w/ Evan Aldo

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Solana To $300 Next?🚀Technical Analysis w/ Evan Aldo · The Paul Barron Crypto Show

0:00
Speaker 1: Solana is on a bullish breakout today. We're going to
0:02
Speaker 1: give that to you and a lot more. You don't
0:03
Speaker 1: want to miss it. My name is Paul Bera. Welcome
0:05
Speaker 1: back into the show. Before we get started, I want
0:07
Speaker 1: to thank our sponsor and that is Gemini. You guys
0:09
Speaker 1: can now go over and get the MasterCard World Elite card.
0:13
Speaker 1: You can do it in a Bitcoin card, a XRP card,
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Speaker 1: or the Gemini card. The great thing about this is you,
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Speaker 1: of course are all eligible for four percent back in
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Speaker 1: whatever token you want, So this is truly earning digital
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Speaker 1: assets as you're spending.
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Speaker 2: It's the only way to go.
0:30
Speaker 1: Use our link down below to get started get the
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Speaker 1: Gemini credit card. It does help the channel out all right.
0:36
Speaker 1: So I want to bring in Evan to Aldo. As
0:38
Speaker 1: you guys know, we do a bunch of breakdowns, So Evan,
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Speaker 1: welcome into the show man.
0:41
Speaker 3: How are you great to be on aw He's an
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Speaker 3: honor so yeah.
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Speaker 1: If you guys don't know, check out Evan's channel over
0:48
Speaker 1: on YouTube. Just go over to Evanaldo dot com and
0:50
Speaker 1: you can find out what he's trading. A couple of
0:53
Speaker 1: things he's going to talk about today is these all
0:55
Speaker 1: coins are set to pump.
0:56
Speaker 2: Next Well, we'll talk about that and more. Of course.
0:59
Speaker 1: Right now, Salon is on deck with a lot of
1:02
Speaker 1: things happening with Evan.
1:04
Speaker 2: When you look at just in general, the.
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Speaker 1: S and P five hundred now closes at an all
1:08
Speaker 1: time new high. Another one that we're continuing to see
1:11
Speaker 1: plus thirty six percent since the bottom of the market
1:15
Speaker 1: in twenty twenty five. Another fifteen trillion in market cap
1:18
Speaker 1: in five months, Evan, this.
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Speaker 2: Is heating up.
1:21
Speaker 1: We're starting to get in some big action. I want
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Speaker 1: to play a clip for you and then get your response.
1:26
Speaker 1: This is Tom Lee talking about what the Fed's going
1:28
Speaker 1: to do.
1:29
Speaker 2: Take a look.
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Speaker 4: I think that we want to not be like over
1:33
Speaker 4: simplistic and thinking about this number one, What is the
1:36
Speaker 4: Fed going to try to accomplish by cutting, especially if
1:40
Speaker 4: they're worried about the employment market weekning. They want to
1:44
Speaker 4: get the ism to actually go back above fifty. They
1:47
Speaker 4: want corporates to start hiring, they want businesses to be confident.
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Speaker 4: So this rate cut is not just a symbolic cutting
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Speaker 4: of interest rates for mortgages. It is really an attempt
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Speaker 4: by the Fed to get the economy to grow again,
2:02
Speaker 4: to actually increase the job market, that's really bullish for
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Speaker 4: small caps.
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Speaker 1: Huge for small caps, which usually means all coins. We're
2:11
Speaker 1: going to potentially see some shift into a little bit
2:13
Speaker 1: riskier projects out there, Evan. Right now, when you look
2:17
Speaker 1: at the total three and you look at the potential
2:20
Speaker 1: here I'm on the weekly chart right now, and you
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Speaker 1: look at the potential of now what is could be
2:26
Speaker 1: the breakout at setting it about one point one two trillion,
2:30
Speaker 1: and you look at all coins in general, starting to
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Speaker 1: make a play. What were the three all coins that
2:35
Speaker 1: you were talking about?
2:37
Speaker 3: So the three ones that I really like right now
2:40
Speaker 3: and this is mainly based in the etherorem evaluation now
2:43
Speaker 3: performing etherum so Avax excellent one apperform e theorum Chainleink
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Speaker 3: excellent one app perform e theorem, and we'll talk about it.
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Speaker 3: It's one of your favorite coins, Salana, very high likely
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Speaker 3: with outperforming theorem into the end of the year.
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Speaker 2: All right.
2:56
Speaker 1: So if that is the case, if you look at
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Speaker 1: total three right now and you're I'm trying to figure
3:00
Speaker 1: out how to play the all coins that could be
3:03
Speaker 1: on the move right now, a couple of points you
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Speaker 1: want to take a look at. Everybody is pointing at Solana.
3:09
Speaker 1: Of course, a couple of points that they're hitting at
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Speaker 1: long term rally. Solana's open interest now surging seven billion
3:15
Speaker 1: over Solona's price rally, which is around the two hundred mark,
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Speaker 1: trading up a lot today it's over two forty, so
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Speaker 1: you're to date revenue about two and a half more
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Speaker 1: than Ethereum. That's another one that plays into this. So
3:26
Speaker 1: there's big demand here. Where would your chart put Solana
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Speaker 1: right now as is as of today.
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Speaker 3: The ETH evaluation looking excellent, Solona versus Eth right there.
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Speaker 3: Rare bullish sign is just the important thing, because if
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Speaker 3: you can't help orform ETH, what's the point this bottom
3:41
Speaker 3: in twenty three similar situation, been years since you saw that.
3:44
Speaker 3: We look at Solon at itself right now in terms
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Speaker 3: of an actual price what everyone wants to know. I
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Speaker 3: could easily see you going in the next couple of
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Speaker 3: days and to the end of the month, next few days,
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Speaker 3: to next two weeks, two sixty seven seems very likely.
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Speaker 3: After that, I think you could potentially see a jump
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Speaker 3: up to four hundred into the end of the year.
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Speaker 3: That four hundred market is huge. I wouldn't completely say
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Speaker 3: that you can't go higher, you know, up to six fifty.
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Speaker 3: That'd be the highest I could see you going into
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Speaker 3: end of the year. But my most likely target into
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Speaker 3: the end of the year somewhere between October and December
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Speaker 3: is four hundred for Salona. So there's a lot there.
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Speaker 1: I want to go to a clip here because this
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Speaker 1: is Mike Novigrat's talking about why we're seeing Solana move
4:23
Speaker 1: right now, take a look.
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Speaker 2: You know why Salona.
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Speaker 5: At this moment, total transactions per second Solona can do
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Speaker 5: in a day is fourteen billion. That's more than total
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Speaker 5: transactions on on equities, fixed income commodities and for in exchange. Right.
4:41
Speaker 5: And so you've got a blockchain that's now fast enough
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Speaker 5: Taylor made to be the blockchain for financial markets. And
4:48
Speaker 5: you've got an SEC share saying I want you to
4:50
Speaker 5: build on chain. And so those two things are lining up.
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Speaker 5: I'm calling this the season of Soul. Behind us, you've
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Speaker 5: got Dan moorehead who's coming with the Sole Fund, a
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Speaker 5: treasury company.
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Speaker 1: Yeah, so a lot happening Solana, treasury companies starting to
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Speaker 1: layer in the likelihood of starting to see real uh
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Speaker 1: maybe real rotation right now? Would you sell any of
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Speaker 1: your e for Solana right now? Or would you continue
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Speaker 1: to hold both assets.
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Speaker 3: The way I do it. I continue to hold from
5:26
Speaker 3: what I have. But yes, if I wanted to, I
5:29
Speaker 3: think there's a high likelihood that it can be a
5:32
Speaker 3: little risky, But yes, I think Salta likely will perform
5:35
Speaker 3: you theorem into the end of the year. Be careful
5:37
Speaker 3: in twenty twenty six, though, you know, you get excited
5:39
Speaker 3: for a few months and then you know what happens usually.
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Speaker 1: So yeah, exactly, Let's take another look here. Of course
5:45
Speaker 1: x stocks continue to fly. They're now available to swap
5:49
Speaker 1: in phantom. This is another catalyst that has been moving
5:51
Speaker 1: out there within Solana, both token is stocks and crypto
5:56
Speaker 1: all in one place. This is a big advantage because
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Speaker 1: it does get moving into a very accelerated point around
6:02
Speaker 1: x stox token is stocks on Solana. And we're going
6:05
Speaker 1: to talk about one of the biggest launches in crypto
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Speaker 1: today with the Jemmy token. We'll get into that in
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Speaker 1: a minute. But again, this is just very bullish for Solana.
6:15
Speaker 1: Where would you put the pullback at if you were
6:18
Speaker 1: tracking this out, looking at what you're seeing right now
6:22
Speaker 1: on you know, the Fibonacci's and take a comparison to
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Speaker 1: what you're seeing in market cipher, where do you feel
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Speaker 1: the pullback would be on Solana?
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Speaker 3: So the first pullback And it's interesting too, like you're
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Speaker 3: coming up, you're kind of pumping into the FOMC meeting,
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Speaker 3: which is going to happen relatively soon September seventeenth, and
6:40
Speaker 3: I mean that's kind of a place where you may
6:43
Speaker 3: intersect with two eighty three. So it could be that
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Speaker 3: two eighty three get everyone scared at the FOMC meeting,
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Speaker 3: you come back down for potentially I don't know, you know,
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Speaker 3: nothing too crazy, maybe twenty percent pullback something like that,
6:57
Speaker 3: and then October into the October into potentially October November
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Speaker 3: into end of year four one hundred, and then you know,
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Speaker 3: if the star is really a line into the end
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Speaker 3: of the year, maybe just maybe six hundred. So but
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Speaker 3: let's hope for four hundred. I think the market will
7:12
Speaker 3: peak somewhere between October and December. So you know, if
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Speaker 3: it peaks in October, it'll be four hundred. It peaks
7:18
Speaker 3: in December, you got a better shot at six hundred.
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Speaker 2: Yeah.
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Speaker 1: Well, and there's there's a lot rolling out in terms
7:25
Speaker 1: of how the you know, the ecosystem will play as well,
7:29
Speaker 1: I want to go over to Helium real quick. Helium
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Speaker 1: mobile staffs. You guys probably saw this carrier off load
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Speaker 1: seven carriers. Now key is this is up and to
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Speaker 1: the right. Users are growing, numbers are exploding, Mobile signups
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Speaker 1: are flying. H and T though has kind of been
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Speaker 1: back and forth. When you look at H and T
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Speaker 1: the token which is now technically the mobile token, how
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Speaker 1: would you play this one?
7:55
Speaker 2: Would you go into Helium right now?
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Speaker 3: I think it's a good bet. Yeah, I mean it's
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Speaker 3: been very lackluster kind of you know, like you were
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Speaker 3: mentioning here and if you look at the Helium chart
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Speaker 3: right over here, you know you kind of have a
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Speaker 3: triple bottom, some type of reverse head and shoulders, which
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Speaker 3: is one of my favorite you know, not a the
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Speaker 3: best head reverse edd shoulders, but some type of pattern
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Speaker 3: where if you break upward, you have a technical target
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Speaker 3: that's pretty high up, which would bring it up to
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Speaker 3: around you know, just under seven dollars.
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Speaker 2: So I think you.
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Speaker 3: Got a decent potential at like a three x, you know,
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Speaker 3: up to some of these areas to make a new
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Speaker 3: all time high, you know, breaking above these areas ten
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Speaker 3: dollars to sixteen, you would need a lot of crazy
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Speaker 3: crazy good good news. But to get a two or
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Speaker 3: three x up to seven dollars, I think it's pretty
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Speaker 3: likely in the coming month, right yeah, yeah, gets a
8:40
Speaker 3: good bet.
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Speaker 2: Yeah, a good bet.
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Speaker 1: So lacking helium right now definitely depressed a little bit
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Speaker 1: in the sense of current price. What is on the
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Speaker 1: move is ethereum as of today, after we've seen some
8:52
Speaker 1: movement obviously with Bitcoin over one fifteen and I think
8:54
Speaker 1: at one's sixteen this morning. But when you look at
8:57
Speaker 1: eth right now, most capital now setting in on Ethereum
9:01
Speaker 1: right there. In terms of tokens, obviously you see kind
9:05
Speaker 1: of the layout here.
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Speaker 2: On the total three.
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Speaker 1: But when you look at the total three and you
9:09
Speaker 1: look at also what we're going to see within all coins,
9:16
Speaker 1: would you go the ethereum right right now or would
9:18
Speaker 1: you continue to maybe reposition your portfolio into more all coins.
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Speaker 3: So when you look at this charge total others versus ethereum,
9:26
Speaker 3: which is everything outside the top ten market cap versus ethereum,
9:29
Speaker 3: you're seeing this major kind of area anchorwave on the
9:33
Speaker 3: weekly right here. You know, the last time you saw
9:36
Speaker 3: something similar back here was June of twenty four. You
9:38
Speaker 3: had a big jump in that area you coul zoom
9:40
Speaker 3: out even more. Last time you saw it here was
9:42
Speaker 3: January of twenty one, so very similar. I mean, obviously
9:45
Speaker 3: you had an all coin season early, you know, last time,
9:48
Speaker 3: this was kind of your main all coin season where
9:50
Speaker 3: things out prefermed ethereum in the beginning of twenty one,
9:52
Speaker 3: and I think it'll be more likely that you'll see
9:54
Speaker 3: it in the end of this year and a quarter
9:57
Speaker 3: four of this year. In the next few months here
9:59
Speaker 3: for a big jump up to hopefully this area. So
10:01
Speaker 3: potentially your average all cooin cannot perform Ethereum by up
10:04
Speaker 3: to one hundred percent, maybe maybe even more now when
10:07
Speaker 3: we look at ethereum itself. Obviously a nice jump up here.
10:11
Speaker 3: I think into the end of the month, you know,
10:12
Speaker 3: you should at least hit forty eight hundred. You might
10:15
Speaker 3: just might hit fifty four hundred if we do see
10:18
Speaker 3: a breakout, and that would you know, you've been kind
10:21
Speaker 3: of in this range for since August right now, you
10:24
Speaker 3: know it's been over a month. You're a dude to
10:25
Speaker 3: probably break upward at some point here. Fifty four hundred
10:29
Speaker 3: potentially is what you could see by the end of
10:30
Speaker 3: this month. Now, that's where if you wanted to map
10:32
Speaker 3: this out. That's where I would That's where I would
10:36
Speaker 3: say you could potentially see a pullback here and it
10:38
Speaker 3: would be you know, I would guess ten percent, maybe
10:40
Speaker 3: a little bit more back to some of these areas,
10:42
Speaker 3: something of that nature, you know, in beginning of October,
10:46
Speaker 3: maybe after the FOMC meeting, you know, hard to say exactly,
10:49
Speaker 3: but something like that. And then in October, I would
10:52
Speaker 3: hope for seventy three hundred, if this cycle can get
10:55
Speaker 3: extended a little bit more into end of year, you
10:58
Speaker 3: might just might be looking at a ten or eleven
11:00
Speaker 3: k EVE by the end of the year. But my
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Speaker 3: main target, my main guess for the market cycle peak
11:06
Speaker 3: for this seventy four hundred around that area.
11:08
Speaker 2: Let's take a look at Swie.
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Speaker 1: You have a Dane hitting on this right here. This
11:14
Speaker 1: is kind of a little bit cryptic, but next week,
11:16
Speaker 1: mind blown, we're going to get a big, big release.
11:20
Speaker 1: We anticipate there could be some movement here, possibly within
11:24
Speaker 1: things we've reported on before around Pokemon. And if you
11:28
Speaker 1: look at the market around Pokemon cards, this is crazy
11:32
Speaker 1: how much it has grown. That's the S and P
11:34
Speaker 1: five hundred compared to baseball cards. Meta platforms, Pokemon cards.
11:37
Speaker 1: People just don't realize how big this is in terms
11:40
Speaker 1: of investment, and now the potential here of tying it
11:43
Speaker 1: into something.
11:44
Speaker 2: Like Swie could be pretty big. What do you like
11:46
Speaker 2: about SUI right now?
11:48
Speaker 1: In the short term, we'll call it September, and then
11:51
Speaker 1: let's look by end of year.
11:55
Speaker 3: So yeah, I mean, I think the big debate for
11:57
Speaker 3: Swie right now is like, can you outperform Salon? And
12:00
Speaker 3: I mean I think you might be able to. It's
12:02
Speaker 3: tough to say. I think they'll at least follow. It
12:04
Speaker 3: does look really good. In the short term, you get
12:05
Speaker 3: the four day you know trigger wave right here, I
12:08
Speaker 3: would look at you know, if you're talking short term,
12:10
Speaker 3: next couple of weeks, I would hopefully at least yeah,
12:12
Speaker 3: I could at least see four dollars, you know, this
12:15
Speaker 3: target by the FOMC meeting into the end of the month,
12:18
Speaker 3: and then hopefully maybe a little correction from there. Hopefully
12:21
Speaker 3: from that correction you'd break upward and hit up to
12:25
Speaker 3: you know, old all time high run five dollars, and
12:28
Speaker 3: then you should easily be able to in October hit
12:31
Speaker 3: I would say six dollars, you know that kind of area.
12:33
Speaker 3: I mean that's not even a double. So I mean
12:35
Speaker 3: my goal for this would be at least you know,
12:37
Speaker 3: seven to fifty, you know, kind of at least a double,
12:40
Speaker 3: you know, kind of in that area. And then I mean,
12:42
Speaker 3: if things go really really well, a triple up to
12:45
Speaker 3: ten dollars big FID level could be in the cards.
12:47
Speaker 3: So my target anywhere from like six sixty to all
12:50
Speaker 3: the way up to ten dollars bend a year.
12:52
Speaker 1: But I want to go over to the Winklevoss situation.
12:55
Speaker 1: Right now, Gemini of course priced in their IPO at
12:58
Speaker 1: twenty eight to share. I think it's trading somewhere around
13:00
Speaker 1: forty five bucks right now. They've halted it twice, and
13:04
Speaker 1: the ticker is Jemmy g E M I. So this
13:07
Speaker 1: is something that is very bullish for I think the
13:10
Speaker 1: market in general. But you look at not only what's
13:14
Speaker 1: happening with Gemini, you also look at other potentials out there.
13:19
Speaker 1: This is Bernstein talking about circle sustaining growth. Whether or
13:23
Speaker 1: not that's a play you would make, I'm kind of
13:25
Speaker 1: curious for you. I know, right now Gemini has already launched,
13:30
Speaker 1: it's taking off right now. Would you invest in crypto
13:34
Speaker 1: adjacent stocks right now?
13:36
Speaker 2: In general.
13:38
Speaker 3: I mean, it's hard to say because there's not too
13:41
Speaker 3: much data on them and they're very new. If you
13:44
Speaker 3: look at the thing, we can compare it to as
13:46
Speaker 3: kind of coinbase, which if you look at, usually the
13:49
Speaker 3: sequels worse than the original, and Coinbase didn't do too well,
13:52
Speaker 3: and first IPO to just followed bitcoins, So I would
13:55
Speaker 3: guess some of these would probably have a negative twenty
13:58
Speaker 3: twenty six Circle is already down good amount, so that
14:01
Speaker 3: could be one that I would keep my eyes on.
14:03
Speaker 3: And if we look at that sharp for circle right here,
14:06
Speaker 3: and it's sound quite a bit hit a major level
14:08
Speaker 3: bubble pop pattern, I could see this, you know, easily
14:11
Speaker 3: tracking back up to two hundred with bigcoin at anue
14:14
Speaker 3: all time HI two forty could be possible to get
14:17
Speaker 3: up to four hundred something crazy like that. I don't
14:20
Speaker 3: know if that's really there, but I could definitely see
14:23
Speaker 3: this remaining positive for the next few months. I think
14:25
Speaker 3: it's a decent PUI.
14:27
Speaker 1: The SEC chairman, Paul Atkins, just wrapped up meetings with
14:30
Speaker 1: the ECB. This was with Kristen Laguard and they're doing
14:34
Speaker 1: a handful of things. First of all, a couple of
14:36
Speaker 1: things he said in the meeting was a direct quote
14:38
Speaker 1: from Mackins. Crypto's time has come. Most cryptos are not
14:42
Speaker 1: securities anymore, and then they're pushing for a super app platform.
14:45
Speaker 1: So we could see trade Linn's steak all that under
14:48
Speaker 1: one roof starting to go into cross countries.
14:52
Speaker 2: And I think that, of course, along with.
14:54
Speaker 1: US and EU regulatory alignment both you know what's happening
14:57
Speaker 1: in Genius most likely market structure, Mika, maybe this could
15:02
Speaker 1: explode a lot of this cross and maybe border cross
15:06
Speaker 1: border payments as well as just more integration between the
15:09
Speaker 1: two markets. So good stuff in general. XRP, let's take
15:13
Speaker 1: a look at it, because that might be one that
15:15
Speaker 1: gets hit the reason in both positive and possibly even negative.
15:20
Speaker 1: But you've got ETFs coming into the market, Canary Capital
15:23
Speaker 1: now on DTCC along with others. What do you think
15:26
Speaker 1: about XRP right now? How does your chart show?
15:30
Speaker 3: I think it generally looks pretty good if we go
15:32
Speaker 3: to the XRP chrt. I mean it had a nice
15:33
Speaker 3: bottom here, you got a nice trigger wave over on
15:36
Speaker 3: your three day, which is a pretty rare bullish sign,
15:38
Speaker 3: and I think that easily brings you back up to
15:40
Speaker 3: you know, three dollars thirty cents, three dollars up to
15:45
Speaker 3: three dollars sixty cents, you know, that old all time high.
15:47
Speaker 3: And then my target for the longest time on this
15:50
Speaker 3: has always been you know, between Ford to where's it. Yeah,
15:55
Speaker 3: forty six dollars right there, So that's kind of the
15:57
Speaker 3: main target. I mean, these are the big fibble levels
15:59
Speaker 3: right there, so I think you can easily get up
16:01
Speaker 3: to you know, four dollars. That's not even a double
16:03
Speaker 3: from where we are right now into the end of
16:05
Speaker 3: the year. So I think it's a pretty safe bet.
16:07
Speaker 3: I mean, we'll do as well as you know, is
16:10
Speaker 3: a lot of some of the other ones like Salana
16:12
Speaker 3: we talked to, Probably not, but you know, I think
16:14
Speaker 3: it'll generally go upward.
16:16
Speaker 1: You mentioned Avas in there as another buy right now.
16:20
Speaker 1: Give me your chart on Avalanche through end of year.
16:24
Speaker 3: Oh yeah, that's a great one. So first thing I'll
16:26
Speaker 3: show you on Avalanche is Avax versus Eth because we're
16:29
Speaker 3: obviously trying to out perform Ethereum. Look at this big
16:32
Speaker 3: place that we hit in September of twenty three versus Eth,
16:34
Speaker 3: and you jumped up into the end of that year
16:38
Speaker 3: three hundred percent almost against eth same area. So far,
16:41
Speaker 3: you've jumped up thirty percent against EATH. I think you
16:43
Speaker 3: easily could keep going here. And when we look at
16:45
Speaker 3: AVAX itself right here, we're breaking up, well, a lot
16:48
Speaker 3: of things really aren't breaking, you know, up necessarily, and
16:52
Speaker 3: you have a technical target out of this double bottom
16:54
Speaker 3: this breakup right here all the way at forty eight dollars,
16:58
Speaker 3: all the way at forty eight dollars that could be
17:00
Speaker 3: a good goal onto the end of the month, could
17:03
Speaker 3: target into a month, and if you could break above there,
17:06
Speaker 3: that would give you a new target that would be
17:08
Speaker 3: all the way up at your old all time high,
17:11
Speaker 3: which I think you know, you got a decent shot
17:14
Speaker 3: of hitting somewhere between one hundred to that old all
17:17
Speaker 3: time high area one fifty in to the end of year.
17:19
Speaker 3: I kind of don't think you're going to make a
17:21
Speaker 3: new all time high and hit two hundred bucks, but
17:23
Speaker 3: I think there's a lot of potential here for you know,
17:26
Speaker 3: a three potentially four x here.
17:27
Speaker 1: So yeah, three to four x Okay, So we're going
17:30
Speaker 1: to share our uh evans and mine are all coin portfolio. Well,
17:37
Speaker 1: we're just going to short share it right now. Let's
17:40
Speaker 1: talk about it, because we put one hundred k in
17:42
Speaker 1: this thing, and the idea was as we were buying
17:45
Speaker 1: specific positions across a lot of different tokens.
17:49
Speaker 2: Right now, we're out performing Bitcoin pretty.
17:51
Speaker 1: Solidly over on the twenty four I'll look at the
17:54
Speaker 1: thirty day because we're been kind of been up and down, Evan,
17:58
Speaker 1: but we're back floating above the top with a fourteen
18:01
Speaker 1: almost fifteen percent profit. Right now. We'll take a look
18:05
Speaker 1: at the tokens here. Of course, as you guys can see,
18:09
Speaker 1: there is Ethereum leading the pack. I've sorted this out
18:11
Speaker 1: by profit loss. We've got Solona number two, Arbitrum, chain Link, Chronos,
18:17
Speaker 1: and then Avalanche and then ave even Cardano in here,
18:21
Speaker 1: some Ono, some Jupe. We're not losing on a lot
18:24
Speaker 1: of tokens. So everything is up right now. Is there
18:28
Speaker 1: anything we would do to this portfolio at all? Right now?
18:32
Speaker 1: Would we leave it as is? Continue to write it?
18:36
Speaker 3: I would say probably leave it as is. If I
18:38
Speaker 3: were to do anything, I would sell some ether and
18:41
Speaker 3: convert it into Avax, chain Link and one in Solana.
18:47
Speaker 2: Okay, so let's let's do this.
18:49
Speaker 1: I'm going to sell fifty percent of the Ethereum our
18:54
Speaker 1: current holdings is around twenty five grand, so we'll sell
18:56
Speaker 1: about twelve and a half on that. We'll move that
18:59
Speaker 1: and sp that into Solana and Avalanche. Because we're only
19:05
Speaker 1: only seventy four hundred. That would put Solana as our
19:08
Speaker 1: number one position. Oh and chain Link sorry three, those
19:10
Speaker 1: three that would only put but that would probably move
19:13
Speaker 1: Solana into our number two, no our number one position.
19:18
Speaker 2: You're okay with that.
19:19
Speaker 3: Let's keep Salana an Eath even I don't. I don't
19:21
Speaker 3: want to have Maybe keep Salona Eath even you know
19:24
Speaker 3: what I mean, sell some of the eth but I
19:26
Speaker 3: don't know if we want Solana to be number one Evan.
19:29
Speaker 1: So just I want to play with this because this
19:31
Speaker 1: is something that we did from a research standpoint. We
19:34
Speaker 1: didn't pull the trigger on the purchase like we did
19:37
Speaker 1: on the all Corn portfolio, but we said, what if
19:40
Speaker 1: we purchased all Solana on this portfolio the one hundred k.
19:46
Speaker 2: This is where we would be if we.
19:48
Speaker 1: Were all in on Solana right now, up thirty four percent.
19:51
Speaker 1: So how do you argue going into one token versus
19:56
Speaker 1: the diversified portfolio?
19:59
Speaker 6: All now you hijacket I Hango was not on my
20:04
Speaker 6: list my list is. Granted that is true, you still
20:10
Speaker 6: may have performed it, but I don't know.
20:12
Speaker 2: Okay, all right, well we're gonna we're letting it ride.
20:15
Speaker 1: So we're going to see at the end of the
20:17
Speaker 1: game anyway, just to see. Hey, these are always fun anyway,
20:20
Speaker 1: just you know, to have fun with you know, different
20:23
Speaker 1: little trading exercises. Because listen, if you're up, you know,
20:28
Speaker 1: it doesn't matter if you're up. You know, obviously everybody
20:31
Speaker 1: wants to double x or you know, uh, two x
20:35
Speaker 1: three x four x their portfolio is. But the point
20:37
Speaker 1: is is that you're trying to minimize risk within all
20:41
Speaker 1: these strategies, so we'll keep you abreast of all that.
20:43
Speaker 2: Again, this is not financial advice. We're not telling you
20:45
Speaker 2: to go out and do this.
20:46
Speaker 1: This is just having fun with our own money, trying
20:49
Speaker 1: to figure out how things work and how to play
20:51
Speaker 1: into this. So Evan, it's always fun having you on
20:53
Speaker 1: the show. Thank you so much for coming in.
20:55
Speaker 2: We appreciate it great, Thanks so much. It was not
20:58
Speaker 2: all right you get if.
21:00
Speaker 1: You're not in the diamond circle, get in right now
21:02
Speaker 1: because this is where we'll drop an additional email out
21:04
Speaker 1: to you where I talk about things just like this,
21:06
Speaker 1: including some kind in some cases my own investing portfolio.
21:10
Speaker 1: What I'm doing personally not investment advice, but hopefully it
21:13
Speaker 1: gives you some direction go out there and do the
21:16
Speaker 1: research on what you think would work for you. And
21:19
Speaker 1: of course, if you're not following me on X, do that.
21:21
Speaker 1: It's just at Paul Baron. We'll catch you next time,
21:23
Speaker 1: right here on The Paul Baron Show