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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.

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.

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.

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.

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/
Is the SNX Rally Over?

Synthetix (SNX) lost 5% to $2.77 on Monday. Prices scaled back when they touched the $3.00 resistance, the highest level since July 27. The token may test this resistance, but it is unlikely to break through it. This may mean that the spot Bitcoin-ETF fueled rally could be over. BTC prices hit $38,000 per coin, the resistance of the ascending channel. The Synthetix project itself does not generate any news for the SNX to go above the $3.00 resistance. There might be an extra round of the Bitcoin fueled rally, but statistically it is unlikely. So, we would likely to see SNX correction to $2.50 per token.

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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/
BlackRock Test for Solid Altcoins Pushed APE Down

ApeCoin (APE) experienced huge volatility in the last two days after BlackRock registered iShares Ethereum Trust in Delaware on Thursday. This move fueled speculation that BlackRock has joined the race for the first spot Ethereum-ETF.

Ethereum (ETH) prices surged by 9.2% to $2063 on the news, latter erasing more than a half of the gains. This is where most strange things happened with some altcoins. APE lost 25.0% to $1,144. The next day ApeCoin has recovered more than a half of its previous day losses and settled at $1,424. Meanwhile, ETH added 13%, while APE was still 4.7% below Thursday opening prices.

Many altcoins have suffered. Some of the altcoins have quickly recovered and went into a positive territory, while others like APE are still in a negative zone. This ‘altcoins quake’ could become a watershed between weak and strong altcoins. APE unfortunately has joined the first group.

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Disney May Climb above $100

Without unidirectional price motion on the foreign exchange market, investors are increasingly focused on short-term opportunities in stocks. Crowds are searching for lonely islets of corporate efficiency. The latest quarterly report provided by Walt Disney Co showed that the House of Mouse claims to become recognized as one of these growth points.

The entertainment giant's value jumped by 6.88% in one trading session on November 9, following months of narrow range trading near its multi-year lows. The mood has changed for the better as Disneylands and branded cruise boats worldwide, together with new 7 million subscribers on Disney+ in the third quarter, helped much to expand its business returns. Experiences division was 31% more effective than a year ago, pointing to the faster-than-anticipated post-COVID recovery. Subscription prices increase has not scared away parents aiming to please their children. Guardians of the Galaxy Volume 3, the Little Mermaid, Ashoka and Pixar's Elemental were added to the list of the most watched content on Disney+. A Korean series, Moving, has also become a breakout hit. The upcoming Christmas season could make both options even more attractive.

Reported EPS (equity per share) exceeded consensus estimates by 16.7%, even though it was nearly 20% lower than in the previous quarter. A shortfall of ad sales on Disney's streaming channels could not overshadow excellent performance in direct-to-consumer profit generation. Ad-supported products rose by 2 million subscriptions to a total of 5.2 million, while more than a half of Q4 new U.S. subscribers chose an ad-supported Disney+ option. These are great foundations for the future. Disney production's theatrical slate in 2024 is filled by popular franchises like Deadpool 3 featuring Wolverine, Kingdom of the Planet Apes and Inside Out 2, as well as Mufasa: The Lion King and sequels from Toy Story, Frozen, Zootopia and Avatar franchises, which are all reportedly in the works.

The company's CEO, Robert Iger, highlighted what he called as "the four key building opportunities that will be central to our success", like achieving significant and sustained profitability in the streaming business, building ESPN TV into the preeminent digital sports platform, improving the output and economics of film studios and turbocharging growth in Disney's experiences business.

Disney's streaming unit already turned to provide a Q3 operating income of $236 million after several quarters of losses due to excessive costs, while its sport channels got +14% of profit compared to 2022. Disney saved $7.5 billion of its usual costs this year. Therefore, I would dare to bet on further price climbing to some third-digits numbers, after testing the next target at $100.

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Dogecoin Performed a Downside Reversal

Dogecoin was moving in an upside trend since November 1, but suddenly reversed yesterday with a huge drop. Hence, the DOGUSD fell below the support of the uptrend. Thus, every upside correction should be considered as a good sell opportunity. It could be worth considering short trades from 0.0750-0.0755 to 0.0685, the low of November 9. The stop-loss could be placed at 0.0780, the high of November 9.

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