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👀 Perhaps we can see a bull trap that will collect all the liquidity from below and fly up WITHOUT passengers.
#BTC #Bitcoin 

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🚀 Top Analyst Says Shiba Inu Is Warming Up for a Massive 200% Green Candle Leading analysts predict Shiba Inu is primed for a massive breakout, with some forecasting a 200% rally as retail investors drive the next parabolic phase. Shiba Inu has notably underperformed compared to the broader meme coin rally that has been sweeping the crypto market since last week. Shiba Inu trades at $0.00002568 at the time of writing, marking a 24-hour increase of 8.2%. Over the past week, the token has gained 35%, and its monthly rise is 42%. Meanwhile, Dogecoin is trading at $0.3787, reflecting an 81% increase over the past week. Its monthly performance has been even more remarkable, with a 211% jump. This contrast has not gone unnoticed by the Shiba Inu community. Despite the disparity, prominent figures within the SHIB community remain optimistic, assuring supporters that significant price increases could be on the way. 🔸 Shiba Inu Is Warming Up In a recent post on X, Roaring Kitty, a popular crypto analyst, pointed out that the current price action of meme coins is following a historical pattern. Using Shiba Inu as an example, he explained that the typical meme coin rally begins with an initial “warm-up” pump of 100-200%. This is then followed by a period of consolidation or price correction lasting a few weeks. After this, retail investor enthusiasm takes over, sparking a massive rally with a +200% surge in a single weekly candle. 🔸 Applying This pattern to Shiba Inu Notably, Shiba Inu broke out of its downtrend in late September when it surged past $0.00002150. However, the momentum quickly faded, and the price dipped to $0.00001553. This month, Shiba Inu has experienced a more powerful rally, briefly pushing back to the $0.00003 level for the first time in seven months. Specifically, on Tuesday, SHIB hit $0.0000303, but once again, it lost steam and is now trading back in the $0.00002 range. #Shib #shibainu

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🔥 Ripple Suddenly Burns 53 Million RLUSD Ahead of Stablecoin Launch It has just been announced that Ripple burned approximately 53 million RLUSD today. The burning happened in a series of transactions across two blockchain platforms — XRP Ledger and Ethereum. As many may know, Ripple's stablecoin will be launched on two blockchains — XRPL and Ethereum. So, the first batch of RLUSD worth 40.17 million was burned on the XRPL base, but the next one worth 14 million was burned in Ethereum. The long-awaited launch of Ripple's USD is expected to take place before the end of the year. This has been hinted at by top executives of the San Francisco-based company. RLUSD is designed to be a USD-backed stablecoin backed by short-term U.S. Treasury bills, dollar deposits and cash equivalents. 💬 14,001,103 #RLUSD burned at RLUSD Treasury. — Ripple Stablecoin Tracker (@RL_Tracker) As the stablecoin segment of the crypto market has been stunned by many dramatic collapses, it's a risky place to operate, which is why Ripple has put an emphasis on transparency, confirming that monthly certifications of its reserves will be conducted by BPM, an independent accounting firm based in San Francisco. 🔸 When will Ripple USD (RLUSD) launch? Ripple said in October that RLUSD was "operationally ready." But it cannot officially launch until the New York Department of Financial Services gives it the green light. As regulations change, it looks like the company is getting ready to meet compliance requirements, which is good news for the crypto community hoping to see it launched soon. This latest news comes at the same time as people are talking about how RLUSD could affect the market. Ripple's decision to burn tokens has people talking about its strategy to manage supply and increase demand ahead of the launch. It has also boosted market sentiment around Ripple's ecosystem, with the XRP price reflecting the increased confidence. #XRP #Ripple

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📊 How Long Will Bitcoin Price Continue to Climb? Analytics Company Gives Date from Price Model Renowned cryptocurrency analysis firm Alphractal has released its latest market assessment, drawing attention to a striking pattern in Bitcoin’s price movements. The company recently explained that Bitcoin has been following a four-year fractal cycle since 2015. According to Alphractal, this cycle consists of four distinct phases: accumulation, increase (uptrend), distribution, and a bear market (downtrend) that lasts about a year. The precision of this model has made it “extraordinarily accurate,” effectively predicting the tops and bottoms of each cycle. Based on the ongoing cycle, Alphractal predicts that the next cycle top will occur between October 12-16, 2025, approximately 11 months from now. Following this, a potential bottom is expected between October 4-14, 2026. The firm argues that Bitcoin is currently in the bullish phase of the cycle, a period characterized by growth and opportunity. “We are still in the middle of the bullish phase, with months of potential growth and opportunity ahead,” the statement said. Alphractal emphasized the importance of fractal analysis, a methodology rooted in academic research and widely applied to financial markets. They argue that Bitcoin is a “unique and fascinating case” for this methodology, exhibiting a level of predictability rarely seen in volatile markets. #BTC #Bitcoin

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🚀 Analyst Predicts 45% Dogecoin Rally With Bull Flag Pattern Signal Dogecoin (DOGE) has remained bullish, with the current price pushing the price to a high level of $0.41600. However, the recent bullish run has positioned DOGE above the overbought level, above 70, thus suggesting a pullback. 🔸 Strong Uptrend and Overbought Conditions For Dogecoin Dogecoin has been bullish, and since the beginning of November, the Dogecoin price has risen at a fast pace. This rally has taken DOGE beyond the upper Bollinger Band. It shows strong buying pressure while at the same time, the asset may be overbought. The Relative Strength Index (RSI) has climbed even higher to 91.44 and this level is way above the overbought level which means that DOGE could be in for a slight market correction. The upper Bollinger Band is often used as an overbought signal. This means that if the price is traded above it, it may experience some resistance. However, a consolidation period is usually observed to let the asset maintain its position before regaining the upward shift. A pullback to the middle Bollinger Band, near $0.20385, would give DOGE a chance to consolidate before it can move upwards again. Immediate resistance is around the recent high of $0.41600. Here bearish selling pressure might emerge if DOGE’s price fails to surge higher. The first support levels to focus on are $0.35737. It is close to the current price, and the middle Bollinger Band at $0.20385 if a deeper pullback occurs. 🔸 Analyst Highlights Bull Flag Pattern and $0.35 Support Level At a short-term scale, analyst Ali points out that Dogecoin is forming a bull flag pattern so there is a possibility of a higher price. On shorter time frames, #Dogecoin $DOGE shows a bull flag. If the $0.35 support level holds, this pattern suggests a potential 45% increase, targeting $0.56.— Ali (@ali_charts) November 13, 2024 The formation process of the bull flag pattern involves forming an upward surge. Then there is a sideways correction within a falling pattern before the final surge. #DOGE

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⭐️ Chainlink introduces the 'Chainlink Runtime Environment' framework Oracle provider Chainlink has revealed the "Chainlink Runtime Environment" — a standard framework for connecting traditional financial architecture, payment systems, and legacy institutions with blockchain protocols and smart contracts within a single, unified ecosystem. According to Chainlink, the unified Chainlink Runtime Environment will encompass the runtime framework previously established by the Common Business-Oriented Language (COBOL) standard — a programming language created in 1959 that allowed for the advent of electronic banking and automated teller machines (ATMs). The Chainlink Runtime Environment will also supersede the Java Runtime Environment (JRE) architecture, first developed in the 1990s, which made online banking possible and has grown to dominate online banking applications. In a November 16 announcement, the oracle provider explained that the ultimate goal behind the unified architecture was to abstract away the complexities of dealing with thousands of unique financial systems to provide a streamlined and efficient user experience. Chainlink's proposed unified architecture comes amid several developments designed to bring traditional financial institutions and businesses onchain. At the SWIFT International Banking Operations Seminar (SIBOS) in October 2024, Chainlink revealed an integration with the SWIFT interbank messaging protocol that would allow traditional financial institutions to interact with blockchain systems using SWIFT messages. The oracle provider also introduced several privacy-enhancing features for institutions and businesses, including the Blockchain Privacy Manager and the Chainlink Cross-Chain Interoperability Protocol (CCIP) Private Transactions option. Privacy is a crucial and often overlooked component of enterprise-grade blockchain solutions — which prevent businesses from transacting using highly transparent public networks for fear of revealing sensitive information or trade secrets. #Chainlink #LINK

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