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Happy New #2025 Year, Wish you all THE BEST !!!! 🥂
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🐸 PEPE’s Rally Hits a Roadblock as Musk Effect Diminishes Popular meme coin Pepe (PEPE) experienced a 12% price surge on Tuesday following Elon Musk’s move on X. He changed his display name to “Kekius Maximus” and adopted the Pepe the Frog avatar, referencing the online game Path of Exile. However, this initial excitement has turned out to be short-lived. As the hype surrounding Musk’s actions begins to subside, PEPE has already started to shed some of its recent gains. 🔸 #PEPE ’s Short-Lived Rally: No Thanks to Elon Musk On Tuesday, tech billionaire Elon Musk gave his X profile a new makeover, adopting the moniker “Kekius Maximus.” Musk replaced his profile picture with the ‘Pepe the Frog’ meme along with the new name, reimagining the character as a warrior clad in armor and wielding a video game joystick. This move led to a surge in optimism around the PEPE meme coin, which drove its value by 12% during the trading period. However, this initial excitement appears short-lived, as the meme coin has initiated a decline. Over the past 24 hours, its value has decreased by 4%. During that period, PEPE’s trading volume has rocketed by 31%. When an asset’s price declines while its trading volume surges, it may indicate increased selling pressure as more participants look to exit their positions. It signals that the price growth is driven by mere market speculation and not by actual demand for the asset and, therefore, not sustainable. Moreover, the surge in PEPE’s spot outflows further reinforces this bearish outlook. According to Coinglass, over the past 24 hours, $6.34 million has been withdrawn from the spot market. This stands in stark contrast to the $45 million in PEPE inflows recorded on Tuesday. When an asset experiences spot outflows, it means more of the asset is being sold or withdrawn from the market than bought. This signals a decrease in demand as investors or traders are moving their holdings away from the asset. #PEPE #Pepecoin

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⭐️ Here Are $XRP Price Predictions for 2025 as XRP Records Highest Ever Yearly Close XRP has achieved a key milestone with its 2024 close, as analysts anticipate new heights in 2025. For many in the crypto market, XRP is perhaps the comeback story of 2024. After years of underperforming the broader crypto market, the asset surged in 2024, nearing its all-time high and recording a significant milestone. In 2024, XRP rose by over 370% from an opening price of $0.61511, briefly trading as high as $2.90550. While the asset could not beat its all-time high price of $3.84 from 2018, it demonstrated considerable strength. Specifically, XRP closed the year at $2.07924, the first time it has closed above $2 in its history. The strong momentum comes as many now anticipate that the asset will get greater regulatory clarity soon with the incoming Donald Trump administration, which has committed to establishing a pro-crypto policy. Already, the president-elect appears to be following through with his campaign promises with several pro-crypto nominations to key offices, including Paul Atkins for the top job of the SEC. With the turn of the new year, the question becomes whether XRP can build on its 2024 momentum. One analyst has attempted to answer this question using a key statistical indicator. 🔸 #XRP to $27 in 2025? Prominent crypto analyst EGRAG recently offered key price targets for XRP in 2025 using the Linear Regression Channel indicator. This tool helps identify market trends and overbought/oversold conditions by establishing a mean value from historical time and price data, with channel bounds created at one standard deviation. Combining this with Fibonacci extensions, EGRAG predicts XRP could reach the upper channel line in Q1 2025, targeting $6.4, aligning with the 1.618 Fibonacci level. At the same time, he noted that a break above the upper bounds of the channel could send XRP’s price to the $8.5 price point, aligning with the 1.272 level of a second Fibonacci expansion.

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🟣 Polkadot’s Mid-Term Correction Ends as Technical Patterns Align for a Breakout Toward $18-$20 in 2025 Polkadot’s (DOT) price shows signs of a bullish reversal with multiple technical indicators aligning. The 1D chart shows a Falling Wedge, a pattern that often signals strong price movements. This mid-term correction appears to be ending, setting the stage for a breakout. 💬 $DOT 1D chartThis mid term correction is coming to an endI like this Falling Wedge and I think DOT will break out of it. Standard Falling Wedge target is $9-9.5 but as you know I’m expecting BTC.D to collapse in Q1 So I think we should zoom out and aim higher🎯 My… — CryptoBullet December 31, 2024 🔸 #DOT Falling Wedge and Fibonacci Levels The Falling Wedge pattern highlights weakening bearish pressure. Converging trend lines and reduced volume suggest a buildup in bullish momentum. The price is consolidating near the 0.618 Fibonacci retracement level, a critical support zone. This level often serves as a springboard for upward moves. The 100-day moving average (MA100) sits below the price structure, offering additional support. A breakout above the upper wedge line could trigger a rally toward higher resistance levels. 🔸 Cup and Handle Pattern Adds Bullish Potential Beyond the Falling Wedge, Polkadot is forming a Cup and Handle pattern on higher time frames. This rare formation suggests a long-term bullish outlook. The cup represents a rounded bottom, indicating accumulation, while the handle indicates a consolidation phase. If confirmed, this pattern could propel DOT to new highs in 2025. The potential upside from the Cup and Handle aligns with the $18-$20 target zone. Historical data shows this pattern often leads to sustained rallies, especially in strong market conditions. 🔸 Initial and Extended Targets The immediate target for the Falling Wedge breakout is $9-$9.50. This range coincides with horizontal resistance from previous price action. However, if Bitcoin dominance weakens in Q1 2025, altcoins like DOT could see accelerated gains.

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🔥 BlackRock’s Bitcoin ETF tops rivals in 2024 net inflows The iShares Bitcoin Trust brought in more than $37 billion in net inflows since launching in January, according to Farside Investors. BlackRock’s spot Bitcoin BTC exchange-traded fund (ETF) clocked more than $37 billion in net inflows during 2024, outpacing its competitors, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) netted more than three times the inflows of runner-up Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted nearly $12 billion in net inflows this year, Farside said in a Dec. 31 post on the X platform. As the world’s largest asset manager, BlackRock also led the pack among Ether ETH ETFs. The iShares Ethereum Trust (ETHA) pulled $3.5 billion in net inflows during 2024, according to Farside. Fidelity Ethereum Fund (FETH) again notched second place, with $1.5 billion in net inflows. “Fidelity is a closer second here, 44% of Blackrock’s total, compared to 31% in Bitcoin,” Farside said. Overall, United States Bitcoin ETFs saw more than $35 billion in aggregate net inflows for the year. That equates to roughly $144 million in net inflows each trading day, according to Farside. This figure factors in more than $20 billion in net outflows from Grayscale Bitcoin Trust (GBTC), which the asset manager launched in 2013, initially as a non-listed trust. Grayscale’s GBTC charges management fees of 2.5%. In July, the asset manager listed Grayscale Bitcoin Mini Trust (BTC) as a cheaper alternative. Its management fees are 0.15% annually. 🔸 Bitcoin #ETF dominance Bitcoin ETFs were listed in the US in January after a lengthy tussle with regulators. The crypto market surged following Donald Trump’s victory in the US presidential election, as many believe his win will benefit the industry. On Nov. 21, US Bitcoin ETFs broke $100 billion in net assets for the first time, according to data from Bloomberg Intelligence. #BTC #BlackRock⁩

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Bitcoin ($BTC ) Loses Support: 2025 to Begin With Crash? Shiba Inu ($SHIB ) Hits Critical Level, $XRP Struggles to Hold Above $2 Bitcoin's price performance as 2024 comes to an end worries investors. At the 50 EMA, a level essential to sustaining bullish momentum, Bitcoin has lost its main support. This break signals a substantial change in market sentiment and raises the prospect of additional declines as 2025 gets underway. A bearish signal, the 50 EMA's loss could lead to more selling pressure, particularly if traders expect the downtrend to continue. The 200 EMA, which is around $76,160, and the psychological level, which is at $85,457, are the next important support levels. Even more severe drops may occur in the first quarter of 2025 if Bitcoin is unable to stabilize at these levels. Recent trading session volume profiles point to waning market activity, which makes Bitcoin even more vulnerable. A recovery to retest the 50 EMA appears unlikely in the near future in the absence of strong buying pressure. Nonetheless, it might indicate a brief recovery and reestablish some market confidence if bulls are able to push Bitcoin back above the 50 EMA in the upcoming days. Bearish momentum may not yet be exhausted, as indicated by the Relative Strength Index (RSI), which is trending lower while remaining in the neutral zone. Given the current lack of robust institutional or retail demand, the outlook is still cautious. The climate for Bitcoin is going to be difficult in 2025. A strong catalyst is required by the market to prevent further losses, which could include technical recovery above critical levels such as $96,472, macroeconomic changes or renewed institutional interest. 🔸 Shiba Inu touches crucial level Shiba Inu has touched the 200 EMA, which is regarded as a significant support threshold, marking a turning point in its market performance. Although support levels are usually seen as chances for a rebound, it is alarming when the 200 EMA is reached in this situation. #BTC #XRP #SHIB

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