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#ETHOnTheRise
Ethereum is trading near $3,600 after sustaining $74.4 million in liquidations in the past 24 hours. Liquidated long and short positions accounted for 54.39 million and $20.02 million, respectively.
In the early Asian session, ETH saw a rejection near the upper boundary of a symmetry triangle represented by a descending trendline extending from its all-time high of $4,878.
If ETH can sustain a move above this trendline resistance, it could surge above its yearly high of $4,093 and test its all-time high resistance at $4,868. A high volume move above its all-time high resistance means ETH has completed a rounded bottom move, which could be a major catalyst to stage a long-term rally.
The Relative Strength Index (RSI) is above its neutral level, indicating bullish momentum is dominant in the market.
Ethereum is trading near $3,600 after sustaining $74.4 million in liquidations in the past 24 hours. Liquidated long and short positions accounted for 54.39 million and $20.02 million, respectively.
In the early Asian session, ETH saw a rejection near the upper boundary of a symmetry triangle represented by a descending trendline extending from its all-time high of $4,878.
If ETH can sustain a move above this trendline resistance, it could surge above its yearly high of $4,093 and test its all-time high resistance at $4,868. A high volume move above its all-time high resistance means ETH has completed a rounded bottom move, which could be a major catalyst to stage a long-term rally.
The Relative Strength Index (RSI) is above its neutral level, indicating bullish momentum is dominant in the market.
#BSCOnTheRise
Projects on BNB Chain
Discover the BNB Chain tokens and projects to invest in from the most promising DeFi platforms, NFT marketplaces, gaming, and more.
Top 7 Binance Smart Chain Projects
1. PancakeSwap (CAKE)
2. BakerySwap (BAKE)
3. Venus Protocol (XVS)
4. MOBOX (MBOX)
5. SafePal (SFP)
6. Cream Finance (CREAM)
7. Altura (ALU)
Projects on BNB Chain
Discover the BNB Chain tokens and projects to invest in from the most promising DeFi platforms, NFT marketplaces, gaming, and more.
Top 7 Binance Smart Chain Projects
1. PancakeSwap (CAKE)
2. BakerySwap (BAKE)
3. Venus Protocol (XVS)
4. MOBOX (MBOX)
5. SafePal (SFP)
6. Cream Finance (CREAM)
7. Altura (ALU)
#AIAndGameFiBoom
Is AI and GameFi becoming a new hype target?
Recently, the AI sector has been booming, with various cryptocurrencies emerging, especially meme coins on Solana, which have seen a surge in popularity. Meanwhile, the ecosystem on Base is also gradually coming to the forefront, with new projects and tokens continuously gaining traction, marking a carnival of the bull market.
As the ecosystems of platforms like Solana and Base continue to expand, this feast of meme coins is just beginning.
What new stars worth attention will emerge in the future?
GameFi + AI
LIMBO
Highest Market Cap: 41.07M
Current Market Cap: 22.25M
RPS
Highest Market Cap: 477.34M
Current Market Cap: 95.1M
AI
Agent Algo
Highest Market Cap: 6.49M
Current Market Cap: 3.08M
Aejo
Highest Market Cap: 74.88M
Current Market Cap: 4.68M
Mona
Highest Market Cap: 26.02M
Current Market Cap: 6.69M
JAK
Highest Market Cap: 22.8M
Current Market Cap: 18.66M
Is AI and GameFi becoming a new hype target?
Recently, the AI sector has been booming, with various cryptocurrencies emerging, especially meme coins on Solana, which have seen a surge in popularity. Meanwhile, the ecosystem on Base is also gradually coming to the forefront, with new projects and tokens continuously gaining traction, marking a carnival of the bull market.
As the ecosystems of platforms like Solana and Base continue to expand, this feast of meme coins is just beginning.
What new stars worth attention will emerge in the future?
GameFi + AI
LIMBO
Highest Market Cap: 41.07M
Current Market Cap: 22.25M
RPS
Highest Market Cap: 477.34M
Current Market Cap: 95.1M
AI
Agent Algo
Highest Market Cap: 6.49M
Current Market Cap: 3.08M
Aejo
Highest Market Cap: 74.88M
Current Market Cap: 4.68M
Mona
Highest Market Cap: 26.02M
Current Market Cap: 6.69M
JAK
Highest Market Cap: 22.8M
Current Market Cap: 18.66M
$BTC
$100,000 Price Target Still In Play
At the time of writing, the BTC price is trading at $97,305 and is up by 0.5% in the past 24 hours but down by 3.3% in the past seven days. The possibility of the Bitcoin price reaching the $100,000 price mark is not a matter of if at this point but of when.
$100,000 Price Target Still In Play
At the time of writing, the BTC price is trading at $97,305 and is up by 0.5% in the past 24 hours but down by 3.3% in the past seven days. The possibility of the Bitcoin price reaching the $100,000 price mark is not a matter of if at this point but of when.
#ThanksgivingBTCMoves
Selling ETH for BTC: Leading Chinese Gaming Firm Converts
Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its crypto assets from Ethereum to Bitcoin.
As per a November 29 filing, the company reported converting 14,200 ETH into approximately 515 BTC in an open-market deal worth more than $49 million. The Ethereum had been acquired at an average cost of $2,777 per ETH, totaling $39.45 million.
Following the transaction, Boyaa now holds 3,183 BTC, with an average purchase price of $57,724 per coin.
The company emphasized that the move is in line with its strategy to expand its Bitcoin reserves, considering the market outlook for both Ethereum and Bitcoin. According to the board, converting existing Ether holdings into is a timely decision.
Selling ETH for BTC: Leading Chinese Gaming Firm Converts
Boyaa Interactive, a leading Chinese gaming firm on the Hong Kong Stock Exchange, has reallocated a significant portion of its crypto assets from Ethereum to Bitcoin.
As per a November 29 filing, the company reported converting 14,200 ETH into approximately 515 BTC in an open-market deal worth more than $49 million. The Ethereum had been acquired at an average cost of $2,777 per ETH, totaling $39.45 million.
Following the transaction, Boyaa now holds 3,183 BTC, with an average purchase price of $57,724 per coin.
The company emphasized that the move is in line with its strategy to expand its Bitcoin reserves, considering the market outlook for both Ethereum and Bitcoin. According to the board, converting existing Ether holdings into is a timely decision.
$ETH
#LUNC #DLUME #APT #VET
Ethereum Rivals To Watch After Recent ETH Jump
Ethereum price jumped by 70% from its August low. Let us now explore some ETH rivals that could go parabolic in December.
1. Terra Luna Classic (LUNC)
2. Aureal One (DLUME)
3. Aptos (APT)
4. VeChain (VET)
Analysts are optimistic that ETH price has more room to rally. However, many ETH rivals will do better than the main coin in the near term. If this happens, coins like VeChain, Aptos, Aureal One, and Terra Luna Classic will be among the top gainers.
#LUNC #DLUME #APT #VET
Ethereum Rivals To Watch After Recent ETH Jump
Ethereum price jumped by 70% from its August low. Let us now explore some ETH rivals that could go parabolic in December.
1. Terra Luna Classic (LUNC)
2. Aureal One (DLUME)
3. Aptos (APT)
4. VeChain (VET)
Analysts are optimistic that ETH price has more room to rally. However, many ETH rivals will do better than the main coin in the near term. If this happens, coins like VeChain, Aptos, Aureal One, and Terra Luna Classic will be among the top gainers.
#ETH #LUNC #APT #DLUME #VET
4 Ethereum Rivals to Turn $1,000 to $100,000 Before 2024 Ends
The crypto market had a strong performance in November as Bitcoin approached $100,000 and ETH crossed the key resistance at $3,500. This rally spotlighted several Ethereum rivals that could experience substantial returns before the year ends. These coins have a combination of strong fundamentals and technicals that could push them higher.
Ethereum Rivals To Watch After Recent ETH Jump
Ethereum price jumped by 70% from its August low. Let us now explore some ETH rivals that could go parabolic in December.
1. Terra Luna Classic (LUNC)
2. Aureal One (DLUME)
3. Aptos (APT)
4. VeChain (VET)
Analysts are optimistic that ETH price has more room to rally. However, many ETH rivals will do better than the main coin in the near term. If this happens, coins like VeChain, Aptos, Aureal One, and Terra Luna Classic will be among the top gainers.
source coingape
4 Ethereum Rivals to Turn $1,000 to $100,000 Before 2024 Ends
The crypto market had a strong performance in November as Bitcoin approached $100,000 and ETH crossed the key resistance at $3,500. This rally spotlighted several Ethereum rivals that could experience substantial returns before the year ends. These coins have a combination of strong fundamentals and technicals that could push them higher.
Ethereum Rivals To Watch After Recent ETH Jump
Ethereum price jumped by 70% from its August low. Let us now explore some ETH rivals that could go parabolic in December.
1. Terra Luna Classic (LUNC)
2. Aureal One (DLUME)
3. Aptos (APT)
4. VeChain (VET)
Analysts are optimistic that ETH price has more room to rally. However, many ETH rivals will do better than the main coin in the near term. If this happens, coins like VeChain, Aptos, Aureal One, and Terra Luna Classic will be among the top gainers.
source coingape
#AltcoinMomentum #sol #eth
Solana Price Eyes $1,500 As SOL Rivals Ethereum Across All Metrics
Solana (SOL) price has shown remarkable growth in the cryptocurrency market, emerging as a top-performing Layer 1 blockchain. Since early 2024, SOL has gained significant momentum, consistently breaking key resistance levels amid a broader crypto rally. Over the past year, its value has surged by an impressive 330%, reflecting strong bullish sentiment. Analysts now predict Solana’s price could target $1,500, as the blockchain rivals Ethereum in several key performance metrics.
Solana price is gaining attention as the blockchain emerges as a strong competitor to Ethereum across multiple performance indicators. Recent data highlights Solana’s increasing dominance in active addresses, decentralized exchange (DEX) volumes, and total value locked (TVL) metrics.
In Q4 2023, Syncracy noted that Solana was undervalued at just 13% of Ethereum’s valuation. As of now, the blockchain trades at approximately 33% of Ethereum’s market cap, highlighting significant progress but still leaving room for further upside.
source coingape
Solana Price Eyes $1,500 As SOL Rivals Ethereum Across All Metrics
Solana (SOL) price has shown remarkable growth in the cryptocurrency market, emerging as a top-performing Layer 1 blockchain. Since early 2024, SOL has gained significant momentum, consistently breaking key resistance levels amid a broader crypto rally. Over the past year, its value has surged by an impressive 330%, reflecting strong bullish sentiment. Analysts now predict Solana’s price could target $1,500, as the blockchain rivals Ethereum in several key performance metrics.
Solana price is gaining attention as the blockchain emerges as a strong competitor to Ethereum across multiple performance indicators. Recent data highlights Solana’s increasing dominance in active addresses, decentralized exchange (DEX) volumes, and total value locked (TVL) metrics.
In Q4 2023, Syncracy noted that Solana was undervalued at just 13% of Ethereum’s valuation. As of now, the blockchain trades at approximately 33% of Ethereum’s market cap, highlighting significant progress but still leaving room for further upside.
source coingape