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🔥 3 Top Altcoins That Will Turn Your $100 into Good amount in 2024 🔸 Optimism (OP) Price Movement and Forecast Optimism coin currently sits between $2.27 and $2.63. It's been a bit quiet over the last week, dropping just a quarter of a percent. But last month, it saw a good jump of almost 13%. Over half a year, it's done even better, climbing almost 60%. It's close to the middle line in terms of both the RSI and Stochastic, which suggests neither overbought nor oversold conditions. The price seems to be moving in a steady pattern instead of making big jumps or drops. With prices hovering near the simple moving averages, Optimism could be gearing up for its next move. If it breaks past $2.81, we might see it aim for $3.17. But if it falls, it could find a cushion at $2.10. 🔸 Aptos (APT) Price Momentum: What to Expect Next? Aptos (APT) is currently between $7.65 and $8.66. In the last week, there hasn’t been much change in price, but over the last month, the price has gone down by about 11%. Still, if we look at the past six months, it’s up over 23%. Right now, Aptos seems to be moving in a calm pattern, not jumping too high or dropping too low. The price might face a hurdle around $9.20, and if it falls, $7.18 could be where it finds some support. With indicators like RSI and Stochastic showing middle range values and the MACD just below zero. 🔸 NEAR Protocol Price Rally: Will It Keep Rising? NEAR Protocol, commonly known as NEAR, has seen a significant increase in price, with a 15.28% jump in the last week and an impressive 41.62% rise over the past month. In the last six months, the coin has soared by over 354%. Currently, NEAR is trading between $6.71 and $8.69. The coin shows a strong upward momentum, indicating moves that are more impulsive in nature. With the RSI at a moderate 52.48, NEAR isn't overbought, suggesting there could be room for growth towards the nearest resistance at $9.59. If the upward trend continues, NEAR may even push towards the second resistance level at $11.56. #APT #NEAR #OP
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💵 Gala Games Faces $200M Security Breach Gala Games, a blockchain gaming platform, has been struck by another security breach. Around $200 million worth of $GALA tokens were minted and systematically sold by a rogue Gala Games admin address. According to on-chain movements, tokens worth $200 million were being exchanged for ETH. More use of decentralized systems would help prevent such exploits. However, this is not actually the first security breach for GALA; back in 2021, the platform suffered a loss of $130 million. The scammers impersonated the Gala Games official X platform profile to promote a fake token migration event. Gala Games’ endless security breaches show the need for critical and secure security measures and, most importantly, the use of decentralized systems within the gaming industry to protect users and maintain trust. #GALA
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📈 Ethereum Soars 20%, Lifting Arbitrum and Optimism Rumors of a potential approval of Ethereum spot ETFs have fueled a full day of gains for the Ethereum ecosystem, with the price of ETH skyrocketing 20% intraday to just shy of $3,700—trading at $3,687 at time of writing—and sister tokens Arbitrum (ARB) and Optimism (OP) both notching gains of 18% on Monday. The optimistic mood had already spread to other cryptocurrencies, including Solana (SOL) and Avalanche (AVAX), which are peaking above $40 and $188 respectively, as of this writing, representing more than 25% gains over the last seven days for both. The sudden rally to start the week was sparked moments after two Bloomberg ETF analysts—Eric Balchunas and James Seyffart—revealed their joint prediction that the Securities and Exchange Commission could approve Ethereum spot ETFs when its first major deadline comes later this week. Their updated odds were 75%, a huge upgrade from their prior estimate of 25%—which was already more pessimistic than other analysts who placed the chances at 50-50 earlier this year. 💬 Update: JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied). — Eric Balchunas Crypto oddsmakers are certainly shifting their views, with the collective probability of an Ethereum spot ETF approval by the end of the month leaping from 10% yesterday to 61% as of this writing. As with the long and meandering Bitcoin spot ETF approval process, the SEC has systematically delayed making a decision on the Ethereum equivalents. Hopes for approval have steadily dimmed, with fears peaking that this week's deadline would prompt the federal regulator to outright declare Ethereum a security, decisively separating it from the commodity status enjoyed by Bitcoin. $ARB $OP $ETH #ARB #OP #ETH
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#Ethereum 🔹 price is moving towards the ceiling of the channel. This is the third time that the price will try to break out of the bullish flag formed in the daily time frame. ETH's value relative to Bitcoin (BTC) is currently declining, and the ongoing #ETF approval process could significantly impact its future. If the buyers continue to act strongly, the price of Ethereum can easily reach the $4110 again #ETH #BTC
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BTC target – $74,000 🥇 Traders found an inverted head and shoulders on the daily Bitcoin chart and added Elliott waves that send the price first to $71k, then a correction to $66k and a new rise to $74k. It is $66k that is now the key support level, above which we maintain the upward trend, because 530,000 BTC were sold at this price. Save the forecast and check it 🆗 $BTC #BTC
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