Price is currently testing the support area, making it a good time to open a long position. In the coming days, we may see a move towards the resistance area. Overall, the market looks promising.
#XLM had a breakout of the falling wedge pattern and moved over the strong flip area around $0.43 - $0.46 and expected to move further higher on the retest. You can have the potential opportunity over the zone targeting the previous highs.
Polymarket traders give a 63% chance that the national Bitcoin reserve of the USA will be created in 2025 🤑
A national BTC reserve in the most powerful country on the planet is not just very bullish, it's a complete game changer 👀
If this really happens, countries all over the world will start to follow the US example and accumulate BTC. Is it worth explaining how this will affect the price 😮
There is a large increase in open interest on BTC. Many late-longers believe that this was the last correction and that we are in for a long period of uninterrupted growth❗️
But we should be careful, tomorrow starts the weekend (low liquidity period) which will end with Trump's inauguration. All this could lead to a lot of volatility on both sides 🕯❗️
SpaceX Starship was destroyed during a test flight forcing airline flights over the Gulf of Mexico to alter course to avoid falling debris. Mesmerizing ✨🚀
XLM continues its upward movement after the recent retest. The long position is currently more than 31% profitable from the first entry and over 10% profitable from the second entry. You can consider adding more XLM near the support area, as it is likely to follow the trends set by XRP.
AAVE is breaking the resistance trendline of the falling wedge pattern. Both the Ichimoku Cloud and the 50MA and 100MA indicate strong bullish momentum. If the breakout is confirmed, an epic pump could follow. Keep a close watch.
CHR has bounced back after testing the support area. We hope you took a long position at this support level. The long position is currently more than 12% in profit since our entry point. You can consider raising your stop-loss and holding onto the position.
🇺🇸 With Trump's inauguration just days away, we are on the brink of a new era for the crypto industry. Today's highlights include:
🟠 Nasdaq has filed a key form to obtain U.S. Securities and Exchange Commission approval for a spot Litecoin ETF from Canary Capital. Prospective LTC ETFs could see inflows of up to $580 million if investors adopt them at the same rate as the bitcoin ETFs. If it happens, LTC price may double in a very short period of time.
🟠 President-elect Donald Trump is open to creating an "America First" strategic reserve that prioritizes U.S.-based crypto projects. The initiative prioritizes assets like SOL, and XRP so keep an eye on these coins.
🟠 Federal Reserve Governor Christopher Waller says "three or four cuts could be possible this year." If it comes out true, this is very bullish for markets as economy will be flooded with more cheap money driving asset prices even higher.
🟠 Senator Cynthia Lummis says whistleblowers at the FDIC are claiming that the agency is destroying documents related to digital assets. Well, they seem to be covering their tracks before the new presidential administration comes in.
#IOST kept on having the multiple rejection of the support zone/ Flip zone around $0.0063 - $0.0064 and price moving within the consolidation too. The resistance is at $0.0082 - $0.0084 and price can continue the range so you can take buys from the support zone targeting the range top.
The price is currently forming a falling wedge pattern on the daily time frame. A falling wedge is considered a bullish pattern and typically breaks out in an upward direction. You can consider opening a long position once the resistance is broken. We may witness a significant rally following this breakout.
Justin Sun posted about 20% APY on his USDD 2.0 stablecoin, which some find troubling given how high-yielding stable schemes have turned out in the past 😐
While it is not the same as the UST, the APY number and the lack of clarity on where the yield is coming from is raising eyebrows among seasoned observers.
Critics point to Sun's reported control over large portions of his own TRON token supply, suggesting that he may be artificially subsidizing this high yield on USDD (a soft name for a “Ponzi scheme”) ⚠️
This practice could raise suspicions, as truly sustainable models typically have transparent funding sources and verifiable auditing processes, not just "we have a lot of money".
Anyone considering investing in USDD 2.0 deserves to lose money. Justin Sun has a very shady past and I recommend staying away from his products 👍☝️
STRK was again rejected from the resistance area, and this is why we advised you to wait for a while before making new entries. The resistance area remains unchanged.
JTO has broken out of the symmetrical triangle pattern with significant volume and successfully retested above it.
Currently, the Ichimoku Cloud is acting as a resistance barrier above the price action. A breakout above the cloud could signal further upward movement.