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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.

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
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.

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
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.

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/
TRX is Struggling to Keep Its Upside Momentum

Tron (TRX) is dropping by 1.5% to $0.1010 since this week. The decline might be even more as the altcoin dropped by 5.5% to $0.9710 on Monday. So, the TRX is struggling to continue with its uptrend that was established since August 17.

The uptrend support is at $0.1015, while the other strong support is located at $0.1000. If the altcoin fails to consolidate above these levels it may easily dive by 8.0-9.0% towards $0.0900. Excellent Internal metrics of the Tron network might be not enough for the TRX to continue up. The network is the second largest network with the TVL at $8.2 billion and 200 million users. On the other hand, the project is rumored popular among terrorist groups like Hamas or Hezbollah. This might be not true at all, but even the rumors could be enough to undermine the project.

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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/
Is Monero Safe?

Monero (XMR) prices are down 0.5% to $168 this week, teetering on the edge of the uptrend support. While a sharp dip below this level is unlikely, the overall crypto market is currently under pressure. Bitcoin has experienced an 8.0% loss, falling to $40,800 over the last ten days. However, Bitcoin still retains upside potential as long as it stays above the $40,000 support level.

XMR faces security challenges following a hack that resulted in the theft of 2,675.73 XMR (approximately $460,000) from the Community Crowdfunding System (CCS) wallet. The incident also revealed some traceability, which could undermine Monero's reputation for providing untraceable transactions. These security concerns have dampened the impact of the broader crypto rally on Monero. Despite a 65% rally in Bitcoin, Monero's prices only rose by 14.0-15.0%. Nevertheless, the altcoin has upside potential if prices recover above $175, and security issues are addressed.

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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/
DOGE Tothemoom While Prices Rest Below $0.10

DOGE has experienced a 4.8% loss, bringing its value to $0.096 per coin this week. This decrease is twice as much as the general performance of the overall crypto market. However, on a weekly basis, DOGE's losses are slightly less at 2.0%.

Despite its media representation and the upcoming DOGE-1 mission to the Moon in early January 2024, the coin has not been able to keep pace with the broader market. The mission has faced delays, but it remains to be seen whether it will have a significant impact on DOGE's value once executed.

It's noted that DOGE had a 14.0% increase on December 6, reaching $0.106, in celebration of its first decade since its creation. However, the subsequent decline might be attributed to technical factors, such as prices encountering resistance within the ascending channel.

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B
Tracking My Recent Purchases in the Pound

The British Pound is going up against the Greenback, as things were supposed to go according to the Fed's dovish guidance. GBP/USD passed more than one hundred points from my entry, and so I feel comfortable with my long positions, still keeping the ultimate target around 1.30. Yet, rational money management principles argue that partial profit taking would be a relevant approach at levels between 1.28 and 1.2850 in order to protect the gains. I am not going to close the full volume of transactions. As for me, the best decision in the current situation would be to prepare for booking profit by more than half or maybe two-thirds of the full lots of the deal. The exact amount rather depends on the specific selling price I could get. For example, I would sell more at some closing price in the direct vicinity of 1.2850 or higher, if market dynamics would be favourable enough to GBP holders at the moment. Yet, I am also ready to sell smaller amount just several points above 1.28, if higher price area would not be achieved within a couple of days after the weekend, as nobody wants to get caught up with too high volumes in the swamp of a thin pre-Christmas market when uncertainty could emerge around the corner. Anyway, my trading plan is to shift stop loss orders above a breakeven point for the rest of the deal after I take care of its major piece.

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