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Apenft

TRX Surging: Sun’s $6.2M Banana Purchase Sparks Market BuzzJustin Sun Buys "Comedian" for $6.2M In a move that blends art, memes, and crypto culture, Justin Sun, the founder of TRON, has acquired Maurizio Cattelan’s iconic artwork, *Comedian*, at a Sotheby’s auction for $6.2 million. The infamous banana duct-taped to a wall has sparked debates in both the art and cryptocurrency communities. Sun described the artwork as a “cultural phenomenon” and plans to honor its quirky legacy by eating the banana 🍌 in the coming days. This purchase, according to Sun, symbolizes a bridge between traditional art and the digital revolution, showcasing TRON’s innovative spirit and cultural relevance. TRX: Riding the Momentum The news of this high-profile purchase appears to have given CRYPTOCAP:TRX a boost in the market. The token is up 2.76%, trading within a bullish channel. The technical indicators point to a strong upward momentum: - RSI: At 69, TRX is edging toward the overbought zone, signaling strong buying pressure. - Chart Pattern: A bullish engulfing pattern suggests continued upward movement. - Moving Averages: TRX is comfortably trading above key MAs, adding to the bullish sentiment. A Stable Anchor in Volatile Waters* Justin Sun’s strategic moves have helped CRYPTOCAP:TRX maintain stability amid market fluctuations. By aligning the token with headline-grabbing cultural events, Sun ensures TRON remains relevant and appealing to investors. As CRYPTOCAP:TRX continues to trade within a stabilized threshold, it seems poised to attract more attention from both crypto enthusiasts and art lovers. The innovative combination of art and blockchain could lead to more institutional interest in the token. Final Thoughts Whether it’s a $6.2M banana or blockchain innovation, Justin Sun knows how to keep the spotlight on TRON. With CRYPTOCAP:TRX maintaining a strong technical position and benefiting from renewed attention, the token could see further gains in the coming weeks. Will the banana become the spark for TRON’s next big rally? Stay tuned.
BINANCE:TRXUSD.PLong
by DEXWireNews
APENFT Great Team Great long term project 4hr Chart and daily APENFT has been sideways under resistance around .0000004524 for a while if it can find some buying volume it should make a solid move to the .0000007934 area where the next resistance will be strong. After finding support and moving past .0000008 area then after that will be ready to drop a zero as the next resistance support level will be pretty open to the .000001,,most of this will rely on btc upward momentum and or lots of bullish volume . Watch those areas for movement and strong candles. Long long term, but if btc drops support it will pull apenft down
Long
by MrDunn
NFT/USDT 1D. Secondary trend. Wedge. APENFT. Justin Sun.NFT/USDT 1D. Secondary trend chart. In the secondary trend we can observe the falling wedge forming. In this wedge we've seen couple local downtrends forming, which are shown on the chart here. Another such local downtrendline(red on chart) has been formed on broken above. As for now the price is in the consolidation and is moving in the small range between the levels 0.0...31 and 0.0000..88. There's potential double bottom forming. The base of it is 14%(balance). Notice that this is TRX's groups of tokens. I.e. Justin Sun's one. This coins like to sometimes move against the market. The potentials above and below are shown on the chart. It's quite likely we ain't gonna see really big move quite soon. Only local movements probably, but when the time comes it can move pretty huge. Also notice that as the price drops(if it happens) - the targets are also obviously moving with the price. But with the time goes by, i think that in a half year - year there's a big probability of this falling wedge targets working out. Notice also that there's some insignificant volume increase recently.
Long
by TradingTsar
APENFT Idea for buyers!Hey traders! This chart doesn't have a complicated explanation or complicated analysis, we just have to wait for the release of buying potential and probably we face a quick price jump. If the position activates, don't be greedy and exit at the 2nd target! :) Good luck KUCOIN:NFTUSDT ⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
Long
by Arash-RK
1
$APENFT OH WOWOkay people. You're looking at a bullish convergence between the price and the MACD volume. It's been bullish for days and I think we just saw the last big flush out. The daily hasn't shown a green dot yet but is very close. I wouldn't be surprised if things get rather bullish rather fast. Same goes for many other Cryptos. Keep an eye out for big action this weekend. If you get in now you are probably at a good price for spot/futures. Considering it's lower now than ever in the past 9 months. Buy the dip and enter cheap before the pumps. Hold long positions until the end of this upcoming bull run which might be spectacular for making life changing money. Good luck 👍
Long
by EliteSignals
$APENFT looking bullish?Yeah I know that sounds silly with all the red candles but if you look at the MACD we have a higher second green dot. And with Bitcoin coming to the end of a triangle pinch point and already riding on the support side and still becoming more and more bullish. I'm just trying to keep up with it as it goes because there is only so much time left before there is a move either way. And the MACD is perfect for zeroing in on the time. I'm about to do another post for Bitcoin so check that out too if you like. Good luck 👍
by EliteSignals
1
APENFT shining star with high protentional 🚀Hello, today I want to analyse this token fundamentally and technically ✔️ based on the chart the price is close to channel resistance, and we can see an appropriate amount of the volume for the price ✔️ if this volume continues, and the price breaks the channel resistance to the upside, we can see more gain 🚀 this token fundamentally has wonderful potential and great future plan for NFT world 🌟⭐ we expect great pump for the price 🚀
Long
by MadWhale
5
GREEN BOX MUST HOLDThere's a couple things on APE im seeing: Since there isn't much price history for this we can really only analyze it on the smaller timeframes. And even then, not much price history so a lot of APE analysis you see, including mine, could likely be a shot in the dark. 1) We have set a lower local low. If we set a local lower high then the previous uptrend is now done. 2) We have flipped the up trending zone of support to resistance. Not a great sign. 3) We have broken the ema ribbon and ichimoku bearish. 4) The green box has to hold as support or else we will likely move to $9 5) I would be careful with this coin. It is extremely new and has already surpassed a lot of coins in terms of market cap. In my opinion, the confidence in this green box isn't high. This is not financial advise and always remember to do your own research before entering a trade.
COINBASE:APEUSDShort
by MarketM8ker
APE Coin growth thesis valuationBored Apes NFT project official ApeCoin token was launched on Coinbase and it immediately reached $32. At the time of writing this idea, the price is around $14, but extremely volatile. The growth thesis that i have comes from the initial price of the APECOIN on Coinbase, $32. At 14usd the market cap of APE is around $4Bil and the fully diluted mk cap $14Bil. At 32usd the circulating supply was $9.14Bil and the total supply around $31Bil. My expectation is that APE could have the highest valuation similar to DOGE and SHIB, which it shouldn`t surpass. Now the mk of DOGE is $15.6Bil with the same circulating supply as the total supply. SHIB has a mk cap of 12.2Bil and a total supply of equivalent to $13.1Bil. So this is the highest valuation that i think APE can reach market cap wise. The downside is $6.3 - $7 Looking forward to read your opinion about it.
by TopgOptions
28
Gem Section 💎APENFT #1Hello traders, this is Illyrian Trader with my gem 💎 section to hold for good returns in 1-2 years. According to cmc : APENFT was officially registered in Singapore on March 29, 2021 to meet opportunities and address pain points in the industry. Core businesses of APENFT include: investing in top NFT platforms and artworks, incubating leading NFT artists to build a bridge between world-class artists and the NFT world; sponsoring galleries, organizing art exhibitions or publications, and setting up awards to support art creation and criticism; establishing art collections, etc. By applying blockchain technology into the NFT world, APENFT Fund expands the use cases of blockchain. The Fund purchases well-known traditional and NFT artworks as underlying assets, and works to improve the NFT trading standard. It provides support to government agencies, universities, lawyers and industry elites in issuing policies that govern the healthy development of the industry. There are now three major use cases in the blockchain industry, namely value exchange, collaboration, and record-keeping. The unique NFT fits in all three of the use cases. It is not only a hot trend in the blockchain industry but also a critical element that is very likely to revolutionize the industry and take it to the next level. As a blockchain enterprise, APENFT will invest in artworks and promote traditional and digital art by leveraging its strengths in technology, market, industry and policy research, with the aim of introducing blockchain into diverse use cases.
by IllyrianTrader
APENFT looking to cross above 200maThe ascending red channel is hypothetical. APENFT has been coiling inside of the orange triangle since it's inception, bringing along several nice pumps, and subsequent dumps. However, the productivity of this project has been steady and seems to have nice upside potential. You can "mine" this coin on SunSwap by providing liquidity. It's massive supply looks to support the NFT world and it's websites houses several big-name art pieces. If this triangle is broken sometime between now and April, we could use this red channel as a trading mechanism. For now, this bottom might be an attractive accumulation zone.
Long
by NoobTraderTV
2