NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Three Signs the Explosive LEND Crypto Trend Could Come To An End

Tony "The Bull" Severino
Tony "The Bull" Severino
5 years ago
3 mins read
lend lendusd defi crypto token

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The DeFi craze is showing no signs of cooling off, and each week a new crypto token is on fire as a result. The industry’s hottest token currently, is LEND, a DeFi protocol for lending and borrowing crypto assets.

The altcoin is up over 3000% in 2020 alone, but there are at least three major signs that the current explosive LEND trend is about to end.

DeFi Hype Helps Yet Another Token Climb To Super Stardom

The DeFi hype train is taking investors for quite a ride. Each passing week, another token is stealing the limelight and experiencing soaring gains.

Recently, the DeFi token Compound was flooding everyone’s Twitter feeds, but this week, its a cryptocurrency called Aave (LEND).

The LENDUSD price chart has been about at bullish as it gets. After falling over 99% from a high of 50 cents a token, a bottom was found at just a fraction of a penny.

Related Reading | What’s Fueling DeFi Token Compound’s Powerful 20% Intraday Rally

But since the bottom was set in mid-2019, LEND has gone on an explosive over 10,000% rally. Gains like this were common during the crypto hype bubble, but it’s been years since crypto assets moved like this.

It’s primarily driven by the incredible hype currently surrounding the decentralized finance industry. DeFi tokens have been all the rage, not only bringing investors gains through their investments but through other methods.

Some DeFi tokens, such as LEND, allow users to lend and borrow cryptocurrency assets and earn a yield. The added return on investment has made these protocols especially attractive, and their tokens have been crypto industry top performers.

Three Signs That The LEND Trend Could See a Strong Short-Term Correction

But all good things must come to an end, and all uptrends eventually correct and cool off. That may be what’s about to happen in LENDUSD, according to key technical analysis indicators.

On weekly timeframes, there is a massive bearish divergence on the LENDUSD Relative Strength Index. The previous example of a bearish divergence resulted in an over 70% crash.

lendusd rsi bear div

Relative Strength Index Bearish Divergence | Source: TradingView

Next, the weekly MACD shows extremely overbought conditions, represented by a divergence of the two moving averages.

lendusd macd

MACD Overbought on Weekly | Source: TradingView

Lastly, the weekly Average Directional Index reading shows an almost non-existence of bearish pressure, to the point where reversals in the past occurred. The ADX itself is also showing an incredibly strong trend reading of over 80.

lendusd adx

Average Directional Index and Directional Movement Index | Source: TradingView

And while the tool does suggest the trend is about as strong as it gets, it is at these levels when trends usually fizzle out and begin to reverse.

Related Reading | Fund Manager: DeFi Will Propel Ethereum To $1 Trillion Market Cap

Of course, all of these signals could very well be wrong, and both the value of LEND and the DeFi trend could prove to be too bullish for any bearish signals to confirm.

lendusd cup and handle

Bullish Cup and Handle Continuation | Source: TradingView

However, currently, charts are pointing to at least a short-term pullback. Any short-lived pullbacks in LENDUSD could bring the asset back to support, before resuming the current trend.

If this happens, a bullish cup and handle chart pattern could form on the trading pair. This is usually a bullish continuation pattern, so even these bearish signs in the short-term could lead to long-term gains in the end.

Tweet123Share196ShareSend
Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

bitcoin hyper

Το Bitcoin Hyper συγκεντρώνει $200K σε 24 ώρες και σπάει το ορόσημο των $15M στην presale – Μπορεί να επαναλάβει το 227,000,000% του Bitcoin;

Μέσα σε μόλις 24 ώρες, το Bitcoin Hyper (HYPER) συγκέντρωσε πάνω από $200.000 στην presale του, ανεβάζοντας το συνολικό ποσό...

Ιωάννης Ριζόπουλος 2 hours ago
Japan’s Crypto Payment Revolution Begins – Best Wallet Joins the Race

Japan’s Crypto Payment Revolution Begins – Best Wallet Joins the Race

Japan is preparing to launch its first stablecoin credit card. Starting in October 2025, ‘Nudge Card’ will be accepted at...

Aaron Walker 3 hours ago

Bitcoin Hyper savāc 200 000 dolārus 24 stundās, pārkāpjot 15 miljonu dolārus iepriekšpārdošanā – Vai tas var atkārtot Bitcoin 227 000 000% kāpumu?

Tikai pēdējās 24 stundās Bitcoin Hyper (HYPER) iepriekšpārdošanā ir savākti vairāk nekā 200 000 ASV dolāri, paceļot kopējo finansējumu pāri...

lasma 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

solana

SOL crește cu 35%: Ce criptomonede de pe Solana urmăresc investitorii?

antonio 29 minutes ago

Prezzo Ethereum in Crescita? BitMine Assorbe 319.000 ETH in una Settimana

clararosati 56 minutes ago
Litecoin

Litecoin Clings To Ascending Trendline As Bulls Eye $135 Breakout

Godspower Owie 1 hour ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望:DOGE ETF開始を前に高まる期待

    ドージコイン 今後の展望:DOGE...

    2 minutes ago
  • リップル 今後の展望:電気自動車メーカーがXRPステーブルコインを採用、次世代決済網への布石か

    リップル...

    22 minutes ago
  • 「2025年の有望株とされる仮想通貨プレセール ― 1000倍リターンを狙える新興プロジェクト」

    ...

    36 minutes ago
  • 仮想通貨おすすめ:新しいレイヤー2プレセール急騰、MYXファイナンス継続上昇、ソラナが220ドル到達

    ...

    51 minutes ago
  • 新しい仮想通貨の注目銘柄:100ドルが2026年までに1万ドルへ成長する可能性

    ...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.