MONAD Is Closer To $3 Than You Think

Added: 2026-05-10

[00:00:00]It seems like everybody wants to know what's going on with Mona. Well, this channel covers Mona pretty frequently.

[00:00:07]So, hopefully you click that subscribe button and come on through. Join the family. Twitter, TikTok, Telegram, all the official links will be down below in the description. Ladies and gentlemen, I got about two, three, four things to talk about. So, sit back, relax. If you're in the gym, have a great workout.

[00:00:24]If you're in the car, just listen into the audio, that's perfectly fine. Just make sure you drive safely, okay? Always keep your eyes on the road. Right now, Mona is sitting at.03361.

[00:00:35]Today's date, it is Set May 9th, 10:30 a.m. Eastern Standard Time. I was going to say May 7th because I want to cover that first. So, May 7th came and went already. It's been about 2 days since the 20-day pattern, and it played out pretty well. It's been two not really green candles, but two bullish candles, halfway bullish candles since then.

[00:01:04]I want to tell you this. Let's keep an eye out in the next give or take one to two weeks. That is the lead I want to give to at least provide more time for the pink and purple lines.

[00:01:21]Excuse me, the pink line is the 13, the purple is the 34 moving average.

[00:01:26]I want to give them time to at least curl back into each other, and hopefully throughout that one to two week lead time, it turns into a bullish cross.

[00:01:39]Right now, the price that we are seeing in the price increase that we are seeing is a little bit of everything. The technical analysis side, as well as people that sold over here are buying it back. They're like panic buying.

[00:01:53]And then, the frontrunners as well are buying. And then, as well as the overall market since it's looking very healthy quote unquote then they are also putting some funds into there. They're diversifying. There's some big big big players out there with a lot of money that tend to scatter their funds around couple hundred thousand a couple million of dollars in which they go into they can cash out I don't know stable coins and they diversify Ethereum Solana Bitcoin they get into some mean coins of course they got to get some funds out of there some way some form.

[00:02:30]So watch where the money is going. I have been watching some Twitter posts and it seems like a lot of money that's flooding into Monero is coming from different exchanges different type of networks like Solana and all them Ethereum Ethereum of course always gets the biggest cut of the pie no matter what okay but the fact that Monero is getting so much volume and so much money put into this it's still very bullish. We are looking at a market cap of 397.99 million dollars. We can safely say 400 million dollars is around the average and it's some days more some days less but volume in the last 24 hours is looking to be at just under 63 million dollars. So many projects struggle to even do 1 million dollars of volume. The fact that Monero does this consistently at such a already what is it six months since they came out something like that then this is very very good to see. Um maybe not in six months it hasn't even been six months in November right?

[00:03:36]Quote me correct me down in the comment section get some engagement going so that way the algorithm can go on and do its own thing so that way we can trigger some more eyeballs investors into Monero. It's a win-win scenario. So yesterday we did see a very nice high up well, the most recent one of 348.

[00:03:57]I gave you this target not too long ago.

[00:04:00]I gave you around that 34 range in which we could see a little tiny pullback and that's exactly what went on.

[00:04:06]I want to see this cool off a little bit. I don't want the candlesticks to get too far away from the 1334 moving average simply because if it gets too high and the uh the lines are too low there will be a 99% chance of this coming back down and cooling off.

[00:04:33]Because the simplest way, the most easiest way for me to tell you this and explain it is that whenever the price starts going up too much, the 1334 are still down here two two under if it's not too close to them, if it's too under and it's not a bullish cross confirmed, it's like the bullish side is over here but the technical analysis on the 1334 moving average are down here and it does not correlate with each other something is going to collide and something is going to drop. But if the price stays close to the 1334 moving average which is the pink and purple line right here, as long as they hover around it, it gives it time for the pink and purple to cross into the bullish and it's a confirmed bullish then we can actually start being okay with the candlesticks hovering a lot higher because it will be a little safer for it to go higher. It still it will still retrace a little bit from you know, if it gets too too high up there and distance itself from the moving averages, but at least we'll have even better leeway. That little gap will be better than the candlesticks being way over here. We are in a bearish trend on the 1334 and it drops in one single 24-hour candlestick. I've seen it before multiple times, so do not be surprised if this plays out as well. I give you every scenario, bullish, bearish, if we're going to stay flat, support, resistance. I tell you it 100% how it is straight up, okay? That it also affects the channel because I I don't create hype videos and and bullish, crazy titles and all that, but like I'm just too honest and too transparent because I want you to know straightforward what I think is going to happen. I don't want to get your hopes and dreams up too too much um and then, you know, price crashes and then all of a sudden everybody hates me. So, I want to be uploading daily daily videos as much as I can trying to get, you know, you guys comfortable with me, my analysis, my predictions.

[00:06:46]I'm not 100% right, but I do try my best to give you some good accurate information. But still, overall, for the very long term, bullish.

[00:06:54]I still think, you know, one, two, three dollars is still very possible for Monad, but I'm not saying next week, I'm not saying next month, I'm not saying none of that. This is years down the road, of course. The whole unlocking period will play a big role, but from here until then, some new projects will come out and consume all of those tokens coming out into circulation and just totally wipe out the overall outcome.

[00:07:20]So, anything could happen, okay? Last thing I want to point out is I am eyeing two dApps that I'm watching. I'm I'm looking every single day on these here.

[00:07:33]I'm watching two dApps on Monad. One of them, I'mma put on hold cuz I think it's still being developed, or at least testnet um from what I'm seeing, but the other one, the one that's the most recent one that's going to launch is 14 days from now. This is the Monad Mystic Fruits.

[00:07:57]I will leave their link down below in the description. So, really, from what I read in the white paper really all it is is once it launches, every 3 hours is going to be a round. And there's um every round would be will be a NFT rarity. And then the NFT itself is going to be a different rarity. So, there's like odds of you getting like a legendary round plus a legendary NFT combined together. So, I think the very first ones to mint in the first few rounds are going to be the absolute rarest compared to round 420 or whatever, right? Round 420, blah blah they will have um so, here's Well, I can't show.

[00:08:52]They will have a burning mechanism. Of course, their own market, which you will be able to buy and sell NFTs. The most rarest ones will be the beginning ones, which will be the worth the most. Uh I think it's going to cost 30 30 Monad to mint one, something like that. They also have a rarity upgrade feature, which you can put your NFT up to um like a chance, like a gamble type chance, in which you can upgrade your NFT only, apparently not your From what I read in the white paper, it's it's your NFT rarity only.

[00:09:25]So, you can upgrade it from a common to a uncommon for a cost of Monad.

[00:09:30]So, thanks. It's pretty good. Um it's something to be looking out for.

[00:09:37]Uh let's see.

[00:09:39]Uh all generations. I think I covered for the most part most of it, I think.

[00:09:43]So, check out I'm not getting paid. I'm not getting sponsored from them. I'm just looking left and right for possibilities, for chances of making some money. So, that's what I'm doing.

[00:09:54]Check out Mona Mystic Fruit. Um check out their white paper. The link for it will be down below in the description. I think that's going to be it for this YouTube video. I do enjoy and appreciate all you guys coming on through, especially the ones that look forward to listening and hearing and paying attention and, you know, wanting to listen every single day for the uploads. I really do appreciate it. So, thank you guys so much for watching.

[00:10:16]I'll see you tomorrow in the next YouTube video. Take it easy. I'm out.

[00:10:19]Peace.