The post NIGHT Token Eyes 20x as Privacy Crypto Awakens appeared on BitcoinEthereumNews.com. NIGHT token is a fourth-generation privacy cryptocurrency that is projectedThe post NIGHT Token Eyes 20x as Privacy Crypto Awakens appeared on BitcoinEthereumNews.com. NIGHT token is a fourth-generation privacy cryptocurrency that is projected

NIGHT Token Eyes 20x as Privacy Crypto Awakens

NIGHT token is a fourth-generation privacy cryptocurrency that is projected to have a 20-fold upside. Its mainnet release and impending exchange listings are providing a booster shot to its holders.

Crypto privacy is gaining new momentum. NIGHT token stands as a competitor of considerable profit. The market participants compare its pattern to other success stories of the past cycles.  

According to @thebitwhale on X, two tokens dominate privacy narrative discussions.  ZEC, which has already gone through a 20x rally and is in distribution, and NIGHT have this potential.

Source: thebitwhale

The fourth-generation privacy crypto was created by IOGroup and IOHK_Charles. Mainnet implementation is near, and the milestones of the roadmap 2026 are close at hand. Future exchange listings will increase market access.  

The present supply that is distributed is approximately 4.5 billion tokens. Airdrops will increase the total supply to about 8 bn. Investors in ADA, BTC, ETH, and SOL have been allocated.  

@thebitwhale shared personal positioning on X. “Got a decent airdrop for being $ada holder.”He intends to retain in relation to possible ADA-type performance. ADA had increased between $0.02 and $3 in the last cycle.  

Wave Patterns Signal Critical Juncture

The technical formation demonstrates significant price movements. GunsRoses1987 offered a step-by-step Elliott Wave analysis on X. C waves are usually resolved quickly than the corresponding A waves.  

Source: GunsRoses1987

The present wave (iv) C pattern has exceeded the standard A wave length. Traders should pay a lot of attention to this anomaly. Wave (iv) retraction can slightly drop below and then turn back.  

A different situation applies to a primary count revision. The highest point of 0.12 might be the completion of Primary 1. The existing pullback would subsequently be only the A wave. The bottom of Primary 2 may occur in Q1.  

Reducing the initial number sets the Fibonacci 1.618 levels out of reach. The development of patterns will explain what situation occurs. The traders will be monitoring the formation of a low high and the reaction of the participants. 

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Resistance Levels Define Short-Term Direction

Bearish near-term price movements are observed, and bounces are present. @Khendocee analyzed the 1-hour chart on X. NIGHT rebounded on the recent lows and moved towards key resistance.  

Source: Khendocee 

The price is nearing that of $0.07298, which is a major resistance zone. An established breakout point is at 0.07524. A prolonged upward swing may go to $0.08268, assuming an upward movement.  

Unless levels above the current zone are maintained, they may decrease. There is support of 0.07109 to support the downside. Further selling pressure reveals 0.06748 and 0.06552.  

The analyst recommended closely observing liquidity sweeps. Stop-hunts may be precipitated by recent highs or lows. Pin bars and engulfing candles are reversal confirmation signals.  

Scarcity is a factor of the circulation supply. The allocation of tokens between large blockchainholder bases creates cross-community interest. Fourth-generation privacy technology is the distinguishing feature of NIGHT compared to previous protocols.  

The onset of the mainnet is associated with an emerging privacy narrative. The conversations around regulations are increasing global awareness of privacy-related projects. Players in the market are hedging ahead of what is to come.  

Technical indicators indicate consolidated movement and then directional movement. Various time frame analysis gives conflicting short-term signals. The medium-term forecast has a bullish format amid corrections.

Source: https://www.livebitcoinnews.com/night-token-eyes-20x-as-privacy-crypto-awakens/

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