💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Sonic (S) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move
Date: Mon, Aug 04, 2025 | 05:15 AM GMT The cryptocurrency market is making a slight recovery from the latest sharp decline as the price of Ethereum (ETH) has now bounced to $3,533 from its recent low of $3,357. Following this, notable altcoins have started to make upside moves — including Sonic (S). Sonic (S) has been back on the green track today with modest gains, and its chart is now flashing a major bullish signal — a key harmonic pattern forming on the chart, pointing toward a potential upside move.
Source: Coinmarketcap Harmonic Pattern Hints at Bullish Continuation On the daily chart, $S appears to be forming a Bearish Bat harmonic pattern, which often forecasts upward movement during the CD leg — the final stretch of the formation before potential reversal. The structure began near $0.62 at point X, slid down to point A, rebounded to point B, and then dipped again to point C, hitting a low near $0.28. Since then, the token has begun to recover and is currently trading around $0.30. Right now, S is testing the 50-day moving average at $0.3289, a critical technical level.
Sonic (S) Daily Chart/Coinsprobe (Source: Tradingview) According to harmonic theory, the final bullish leg (CD) could drive the token toward its Potential Reversal Zone (PRZ) — which lies between $0.5831 and $0.6262. That’s more than 103% potential upside from the current price if the pattern plays out as expected. What’s Next for Sonic? For S to maintain this bullish trajectory, it must break and close above the 50-day MA with strong volume support. That could spark the beginning of a sustained rally toward the PRZ. However, if the price fails to hold above the recent support near $0.2806, the setup may be invalidated — possibly delaying or derailing the bullish scenario. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.