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09.01.2025
VeChain Is Suffering on Rising Borrowing Costs

VeChain (VET) has fallen 12.7% this week, trading at $0.0445, underperforming the broader cryptocurrency market. Bitcoin (BTC), the leading cryptocurrency, has declined by 5.6% to $93,220, with bearish momentum building as it approaches key support at $89,000-$91,000. This decline is largely attributed to tightening monetary conditions in the United States, which continue to weigh on risk assets. Investor confidence is further shaken by significant net outflows from spot BTC-ETFs, which lost $583 million on Wednesday, marking the second-largest single-day outflow on record.

If BTC falls below the critical support level of $89,000-$91,000, VeChain is likely to extend its losses, with prices potentially declining another 10% to $0.0400. A sustained drop in BTC could push VET even lower, towards $0.0300. Conversely, a strong rebound in BTC prices to the $100,000 level could drive VET back up to $0.0500, representing a recovery of approximately 12% from current levels.

14.01.2025
Merck Becomes Interesting to Be Added to a Portfolio

Merck & Co (MRK) stocks have shown signs of becoming a compelling buy opportunity. Over the past six months, the stock has been in a downtrend, declining 29.8% to $94.50 per share. However, since mid-November, MRK has demonstrated a reversal of momentum, rebounding by 10.0% to reach $104.87 on December 5. Following a brief pullback and consolidation period, the stock has retested the downtrend resistance and appears poised to continue its upward trajectory.

With prices currently positioned to target $110.00, this represents a potential 9-10% upside from the present levels. Setting a stop-loss at $93.50 aligns with a prudent risk management strategy, providing protection against further downside while allowing for upside potential. The recent consolidation phase further supports the case for a breakout, making this an attractive moment to consider initiating or adding to a position in MRK.

16.01.2025
Delta Is Taking Off To Update Its Highs

Delta Air Lines stock rose markedly by low double digits in the first ten days of the new year. The U.S. carrier has served more than 200 million customers in 2024, when it was also recognized by J.D. Power, a leading American data analytics and consumer intelligence company, for being No. 1 in First/Business and Premium Economy Passenger Satisfaction. Travelers became more willing to spend extra money for swanky seats when meeting a high level of service. Delta is just positioning itself as the nation's premium airline. And what's more important, its Christmas quarter's earnings reportedly surpassed average analyst pool projections. Driven by stronger travel demand, smart financial management and capacity discipline, Delta business provided last three-months' profit of $1.85 per share vs $1.28 at the same period one year ago, compared to $1.75 in consensus estimates. On January 10, the airline industry leader put its future profit levels within a range between $0.70 and $1 per share in the current quarter through the end of March, while analyst expectations were focused on $0.77 cents, according to data compiled by LSEG. The starting months of each year always perform worse. It is clear that all carriers made losses in the Covid years of 2020-2022, but Delta profits only recovered into a range from $0.25 to $0.45 in the first quarter of 2023 and 2024, respectively, but Q1 profit numbers varied from $0.75 to $0.96 even in the three blessed years before the pandemic. Delta added that it is forecasting annual earnings in excess of $7.35 a share, which would be the highest in its 100-year history, based on its planned revenue growth of 7% to 9% in the March quarter from a year ago. The announcement could be compared to an adjusted profit of $6.16 a share in 2024. The company happily breaks through ticket prices' rising effects, almost undisturbed by a reduction in airline seats in the domestic market, which was peculiar for most carriers. Thus, new expectations created a fertile ground for setting new price records, even though price movements on Delta charts look most convincing among its other American rivals.

By the way, Citigroup analysts freshly updated their outlook on Delta Air Lines shares to raise their price target to $80 from the previous $77, vs the actual range around $65 per share where the stock just came after a reasonable market correction from last week's and all-time highs. Citigroup said it has included factors like higher revenue per available seat mile, projections of slightly lower fuel prices, increased taxation, a minor rise in share count, and the incorporation of fourth-quarter 2024 results into their financial model, which has projected Delta's profit at $7.49 per share in 2024 and $8.72 in 2025. Delta shares are Buy-rated at Citi, and we agree with their positive estimates in general, while keeping in mind even better price goals somewhere between $82.5 and $85.

14.01.2025
Tezos Is Seen Hodling above $1.200

Tezos (XTZ) has declined slightly by 0.2% this week, trading at $1.249, following Bitcoin’s (BTC) drop to $89,158, which triggered widespread altcoin sell-offs due to concerns of a potential further decline in BTC to $80,000. However, Bitcoin managed to hold above the critical support level at $89,000-$91,000, offering some relief to the broader crypto market.

Speculation about a shift in U.S. trade policy has provided additional support to crypto assets. Reports suggest the new U.S. administration may pursue a gradual increase in tariffs rather than an abrupt hike, which could help alleviate inflationary pressures and lead to a less aggressive monetary stance from the Federal Reserve.

This development is a positive signal for the cryptocurrency market and may help Tezos maintain its position above the key support level of $1.200.

23.01.2025
Ontology Is Sliding Towards $0.2000

Ontology (ONT) is down 2.3% this week, trading at $0.2176, in line with the broader crypto market where Bitcoin (BTC) has declined 2.0% to $101,632. While the new U.S. administration has made some strides toward fairer crypto regulation, Donald Trump has remained silent on the highly anticipated issue of adding Bitcoin to U.S. federal reserves.

Market speculation is rampant, with figures like BlackRock CEO Larry Fink suggesting Bitcoin could surge to $700,000 per coin if sovereign wealth funds begin accumulating. Other forecasts predict Bitcoin reaching $250,000 by year-end. While such projections could foster optimism, the lack of decisive action or announcements regarding U.S. crypto reserves is weighing heavily on the market.

For Ontology, the situation remains bearish. Having breached the critical support at $0.2500 last week, the token is now approaching the $0.2000 level. A failure to provide clear evidence or statements about U.S. federal crypto reserve plans could see ONT fall even further, breaching the $0.2000 mark and deepening its losses.

Rafael Quintana Martinez
Money Manager de alto rendimiento, con una sólida formación académica, profesional y de campo. Más de 9 años de experiencia especializada en el comercio de mercados financieros internacionales. La devoción, la fiabilidad, la responsabilidad y la ética impulsan mi vida. Actualmente me desempeño como Analista Senior para Metadoro. https://metadoro.com/es https://mx.investing.com/members/contributors/235587671/ https://es.tradingview.com/chart/EURUSD/rE9gVips/
Altcoins Rally with Bitcoin Breakthrough

Synthetix (SNX) is rising by 6.4% to $0.607 this week, strongly outperforming the broader crypto market, where Bitcoin (BTC) gained 1.7% to $111,168. The crypto market has firmly shifted to an upward trajectory after Bitcoin broke through the key resistance at $108,000–110,000 and set a new all-time high at $112,021. With BTC now aiming for the next target at $118,000–120,000, another 7.0% higher, altcoins are gaining momentum.

SNX is also benefiting from a positive catalyst: Upbit, a major crypto exchange, has removed its cautionary label on the token. This led to a sharp 124% increase in trading volume, signalling renewed investor interest. With this momentum, SNX appears poised to break out of its prolonged flat range around $0.500. If bullish sentiment holds, the token could be heading toward the $1.000 mark.

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Rafael Quintana Martinez
Money Manager de alto rendimiento, con una sólida formación académica, profesional y de campo. Más de 9 años de experiencia especializada en el comercio de mercados financieros internacionales. La devoción, la fiabilidad, la responsabilidad y la ética impulsan mi vida. Actualmente me desempeño como Analista Senior para Metadoro. https://metadoro.com/es https://mx.investing.com/members/contributors/235587671/ https://es.tradingview.com/chart/EURUSD/rE9gVips/
Harmony Is Struggling to Leave Its Lows Orbit

Harmony (ONE) is rising by 3.38% to $0.00977 this week, outperforming the broader crypto market, where Bitcoin (BTC) is down 0.50% to $108,655. The token remains precariously balanced near its 2021 lows, trading just below the key $0.01000 support level. A drop below the June low of $0.00797 could open the way for a deeper decline toward $0.00500 — levels last seen during the 2020 pandemic crash.

Despite current weakness, ONE could find support from broader market momentum. If Bitcoin manages to break through the $108,000–110,000 resistance zone, Harmony may receive a lift alongside other altcoins.

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Amazon: It's Too Early To Set Alarm Bells Ringing

Amazon (AMZN) retreated 1.85% to $219.33 in the first Amazon Prime Day trade session on July 8. This was a stark market's response to initial consumer spending data in early hours of Prime Day sales, when revenue numbers showed -14% YoY. This fact could question the relentless uptrend from $165 since April 21. Shares of the world's largest e-commerce platform have climbed more than 35% over the last 11 weeks. Remember that I had put Amazon as one of my top picks in April, despite tariff threats, as Amazon's ability to attract investors was far exceeding the upside potential of Apple, for example. Those assumptions turned out to be entirely adequate for the moment, so that Amazon price recently achieved all my intermediate targets. Will I change my opinion about the company's future prospects now? Of course, it would be a mistake if I would say as if the first day of Amazon's annual sales was actually not a disappointment. Indeed, it was. But it's worth knowing at least a couple of important nuances.

First, Amazon Prime Day 2025 lasts four full days this time instead of just the usual two. This alone could ensure a record-breaking result overall during this promotion period, which ends on July 11. Prime Day, being the global shopping event, is evolving. It was launched in 2015, i.e. 10 years ago, as a 24-hour "gig". In 2017, it went up to 30 hours, then to 36 hours in 2018. In 2019, Prime Day became a two-day "bonanza". Now it is twice as long, which should inevitably stretch out the effect over time. Shoppers now have more time to be selective about their choice of products, rather than jumping on the first to take it on as soon as possible. They are trying to find the best offers. Thus, by the end of this de facto Prime Week, Amazon's overall result will be much better. Adobe Analytics forecasts a record $23.8 billion in sales in Prime Day 2025 spending from July 8 to 11. That would represent a 28.4% growth from last year's achievement, which was already very high. This is going to become an equivalent to two Black Fridays, which brought $10.8 billion to Amazon in 2024.

Second, competing promotions are also here, right on the same dates. Walmart (WMT) just kicked off its "Walmart Deals" on July 8 and extended its event from four days to six. Target (TGT), Best Buy (BBY) and Kohl's (KSS) did it in the same manner. This again means that you don't count your chickens before they hatch. Comparing Amazon's result with rivals will be the crucial point, and it will be possible only next week. I would therefore assume that the bottom of the current downward correction may occur sometime this Wednesday or at least before Friday, and it's unlikely that the market may postpone new buying opportunities in Amazon any longer. The rollback itself, and its bottom, will be short-lived, and most likely not lower than $210, or at least not much lower than this mark.

Third, it's worth noting that the extension of Prime Day dates gives Amazon more chances to increase its profit on advertising, which is clearly the fastest-growing segment of Amazon sales business. Let me add here that the cloud data segment is growing even much faster for Amazon than its e-commerce part. Cloud sales are doing excellent, according to last quarter's release. Cloud gains are robust, not depending at all on any Prime Day results and will further support the stock.

After all, there are long-term statistics that is behind it all. Historically, Amazon shares gained more than 2% on average in the week after Prime Day and over 4% for any 6-week period after the event. Average price target for Amazon from Wall Street is now at $242.42, and I personally bet on even $250 to $260 before the end of 2025. If we are lucky enough to buy at least around $210, that's $40 to $50 in terms of our gain per share, or 19% to 24% return. This game is worth the candle!

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Rafael Quintana Martinez
Money Manager de alto rendimiento, con una sólida formación académica, profesional y de campo. Más de 9 años de experiencia especializada en el comercio de mercados financieros internacionales. La devoción, la fiabilidad, la responsabilidad y la ética impulsan mi vida. Actualmente me desempeño como Analista Senior para Metadoro. https://metadoro.com/es https://mx.investing.com/members/contributors/235587671/ https://es.tradingview.com/chart/EURUSD/rE9gVips/
Loopring Is Struggling to Keep above $0.0500

Loopring (LRC) is down 2.3% this week to $0.0709, significantly underperforming the broader crypto market, where Bitcoin (BTC) is down 0.7% to $108,374. The market remains in a holding pattern as investors wait for BTC to decisively break through the key resistance zone at $108,000–110,000. Until then, altcoins like Loopring are facing mounting pressure.

LRC currently lacks any internal catalysts to support its price. After falling below the $0.1000 support in May, it continued its decline throughout June and is now hovering just above a critical level at $0.0500. A break below this support could seriously damage investor confidence and potentially push the token out of consideration for many market players.

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