Market Analysis

Multi Format Thursday - Volume 17

Updated: Jul 25, 2024

Published: Nov 11, 2021

Welcome to Multi-Format Thursdays where we analyse the cryptocurrency market in both text & video formats.

Bitcoin

Bitcoin has retraced from the $69,000 top. We can only quantify this as a retest of $63,750 as there were no key level breaks here - the story would change though should there be a break of $63,750.

Ether

We've outlined what we've called an "opportunity area" should price dive towards it. While we're incredibly long ETH, we would consider dips towards the [$4,200-$4,400] range as a great opportunity as the R:R on longs would be quite high.

DOT

This is definitely not a sight we're happy seeing - a break of $50 on the daily. While induced by BTC, this does logically bring DOT back to a $40 test soon unless price is able to reclaim that break.

This is a short-term concern, with an entry of $3 this is just noise lol.

SNX

No changes whatsoever to SNX. Either:

Test of $7.50
Reclaim of $14.10 for bullish territory re-entry

RUNE

RUNE over the short-term is retesting $12.85 but we're only looking at the mid/long-term here. RUNE has reclaimed the bullish territory and as long as price keeps trading at $11.50 we have our eyes on $21, $50 and $90.

SOL

SOL remains in a bullish market structure over the mid-term (& long-term of course) and unless $200 is lost, we'll keep targeting $300+.

SRM

What a journey SRM has been on since August 2020!

Right here, SRM remains in a range between $6.40 and $8.50 so we'll have to see how this price eventually resolves - whether an upside or downside break.

MINA

$5 reclaimed and now on its way to $10.

FTT

FTT back in the [$50-$60] range. We do project a $100 FTT by end of year but over the short-term price has been very indecisive.

DYDX

$15.90 turned from support into resistance with a perfect wick towards the liquidity area at $12. Given the S/R flip, another test of $12 seems likely.

Disclaimer: Not financial nor investment advice. Any capital-related decisions you make are your full responsibility and you are solely accountable for the results.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

For your security, all orders are processed on a secured server.

What’s included in Pro:

Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the success guarantee work?

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.