The $XRP I shared while $0.5 is on its way to $1.5. The goal is $5 resume 💪
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Why is the XRP Price up 7% today? Is $40 near?
$XRP 🧧🧧
The struggling crypto saw hope after the XRP price surged 7% today after Grayscale launched the XRP trust. Will the price jump to $40 next?
The XRP price performance has been the talk of the market since the beginning. More importantly, XRP is among the top 10 cryptocurrencies in the market despite its continuous poor performance amid the Ripple vs SEC lawsuit, which began in 2020. Due to the SEC’s claims of XRP being a security and failing to adhere to the securities restrictions, the price has struggled heavily. From trading at $3.84 at its peak to rambling around an average of $0.5, this token has missed many milestones. But the sudden spikes, including today, where the XRP price has surged 7% after the XRP ETF news created a possibility of significant recovery.
The popular investment firm, Grayscale has recently relaunched the Grayscale XRP Trust, where investors can learn more about XRP and explore this token without taking the risk of buying the crypto.
The global asset management firm dissolved the first XRP Trust in 2021 following the SEC’s lawsuits. At that time, it sold all of the XRP holdings and dissolved the XRP trust due to increased difficulty for the investors in turning their XRP into USD.
However, with the relaunch, the Grayscale has displayed its rising interest in the network. More importantly, it is the indication of the Ripple vs SEC lawsuit coming to an end. As a result, it boosts the Ripple price, as it is currently trading at $0.5717 after a 7% surge today. Additionally, user interest has grown in this token, explaining the 110% surge in its trading value, presently at $1,778,119,721. Further, this could also lead the way for the XRP ETF thanks to the Bitcoin and Ethereum ETF’s success. However, the market has slowed down for these two, but only momentarily, as they have high demand. Here, Bitcoin ETF’s $1.2 Billion in outflowsshow shifting trends, not a threat says Bloomberg Analyst. With this, the supporters anticipate the XRP trust to XRP ETF conversion as Grayscale did with Bitcoin and Ether. However, there is no mention of that from the platform for now. Is $40 The Next Target For the XRP Price? Though the value has dropped heavily over time, on many occasions, the users get to witness a significant surge in the value, which has helped with minor profits. However, none of these gains stayed for long and were short-lasting due to the holder’s instant selling. Today might be one of those incidents where new ripple news has brought temporary hikes. Despite that, the XRP lawsuit is on the verge of ending, as the judge asked Ripple to pay $125 million settlement. As a result, many analysts have claimed that the Ripple price might hit new highs. One such analyst, Steph Crypto, has forecasted the XRP price to surge to $40 in the upcoming weeks. As per his forecast, the XRP charts are creating a “larger inverted head and shoulders,” which could lead to a breakout to the price surging to $1.11. Moreover, with the monthly charts aiming at the top of the distinctive symmetrical triangle pattern, the XRP price could jump to $40 in the upcoming weeks. However, he has also warned investors about the unpredictable nature of the market. Moreover, with Ripple Moving 150M Coins, selling pressure might turn the ongoing uptrend into a downtrend. #XRPGoal #ANALYSIS #Priceanalysis
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$DOGE 🧧🧧 Amid a highly bullish DOGE market witnessed recently, Dogecoin whales’ action to heavily accumulate the token has garnered significant attention among traders and investors globally. On-chain data indicates over 500 million coins were bought from crypto exchanges, signaling increased market confidence in the asset’s long-term prospects. In the wake of this market statistic amid a bull market, crypto watchers anticipate a staggering 9000% gain in the dog-themed coin’s price ahead.
At press time, DOGE price gained slightly by 0.5% intraday and is resting at $0.387, amid a surge in Dogecoin whale activity. The coin’s 24-hour low and high were $0.3666 and $0.3956, respectively. Notably, the monthly chart for the meme coin showcases gains worth 173%. This bullish movement has sparked further investor curiosity despite the recent turbulent performance.
Notably, leading crypto analyst Ali Martinez further spotlights that for DOGE to finally witness a 9,000% parabolic rally, 40% to 50% corrections are sure to be expected. This bullish projection rides the back of historical trends, as the meme coin witnessed a 9,470% pump in 2017 with two major corrections of 40% and another at 84%. In addition, recent on-chain data also indicates a potential rally for top meme coins like DOGE, SHIB, and others, in the coming days.
Subsequently, the coin skyrocketed 30,700% in 2021, seeing two key pullbacks of 46% and 53%. These statements indicate substantial potential for Dogecoin to pump ahead in the light of a broader bull meme coin market, further accompanied by massive whale accumulations. accompanied by massive whale accumulations.
This Rare Pattern Could Propel BNB Price To $1,200 🚀🚀
$BNB 🧧🧧🧧 BNB price has formed an extremely rare pattern that could push its price to $1,200 in the coming months. Binance Coin was trading at $616 on Tuesday, November 19, up by 240% from the year-to-date low, bringing its market cap to over $88 billion.
The BNB price has more fundamentals that could help push its price higher in the long term. Like other coins, it will benefit from a friendly regulatory environment in the upcoming Donald Trump administration. Because of its size and liquidity, a potential BNB ETF cannot be ruled out as soon as in 2025.
Binance Coin’s MVRV indicator has jumped to 2.7, meaning that it has more room to run in the coming months.
The challenge for using the cup and handle pattern in trading is that it takes a long time to completely work out. In BNB’s case, the cup section took over three years to form, and the handle is in its eighth month.
BNB price has other positive technicals. It has constantly remained above the 59-week moving average and is sitting at the strong pivot release of the Murrey Math Lines tool. Using the MML, the next potential target will be the extreme overshoot level at $875.
BNB has also continued to burn tokens, making the remaining coins more valuable. The network implemented its 29th token burn earlier this month.
HBAR Price is Up 53% as Hedera Board Member Brian Brooks Could Head US SEC 🚀
$HBAR 🧧🧧🧧
The HBAR price has taken a new turn for the good, gaining 53% value in the last 24 hours, exciting the community for further gains. In the last few days, this public blockchain network has been in the limelight due to its new collaboration, boosting the demand for the token. Now, the Hedera board member Brian Brooks is bringing this limelight to another level as he is nominated for the next US SEC Chair position.
More importantly, it is fueling the Hedera price rally, currently trading at $0.1362, with a market capitalization of $5.3B. Additionally, there is a 244% surge in trading volume, currently at $2.06B, showing rising interest in this token. However, this is not the only thing that has boosted the Hedera price, as it is up by 158% over the week and 168% over the month.
Pennsylvania House Pushes Bill To Create State Bitcoin Reserve🚀🚀
$BTC 🧧🧧 The Pennsylvania House of Representatives has drafted a bill to add a strategic Bitcoin reserve for the state. The bill has been presented by Republican Representative Mike Cabell, and this bill seeks to permit the treasury of Pennsylvania to invest up to 10% of its funds in Bitcoin.
Cabell described the bill as a means to fight inflation and to enable the state to hold an asset that is resistant to economic fluctuations, something that BlackRock and Fidelity have recently done by investing in Bitcoin.
According to Representative Cabell’s proposal, Pennsylvania can protect its reserves from the effects of inflation by owning Bitcoin. The bill titled the ‘Pennsylvania Bitcoin Strategic Reserve Act’ allows the state treasurer to make an investment of up to 10% of the state’s General Fund, Rainy Day Fund, and State Investment Fund in Bitcoin. This development is significant as it provides a bullish outlook for the Bitcoin price.
With the state’s General Fund valued at over $9.7 billion, this could translate to a significant investment in the cryptocurrency.
PNUT Price Prediction: Could Bullish Trends Trigger a 300% Gain? 🚀
$PNUT 🧧🧧 PNUT, a meme-inspired token themed around Peanut the Squirrel, creates waves on the Solana blockchain. Over the past 24 hours, PNUT has seen a sharp price increase, making it one of the day’s top-performing assets. PNUT is drawing considerable attention and has become the most trending coin on the market. Over the past few days, the token has continued its upward climb, attracting investors eying a 300% surge soon.
The coin’s backstory has also driven interest. The Meme coin was inspired by Peanut, a pet squirrel who was controversially euthanized by New York City’s Department of Environmental Conservation, sparking widespread public outrage. Prominent figures, including Elon Musk and former U.S. President Donald Trump, voiced their condemnation, fueling discussions across social media just days before the U.S. elections.
Peanut the Squirrel price faces a potential surge if it successfully breaks through its current resistance level at $2.3. A breakout beyond this point would likely ignite momentum, pushing the price closer to the next resistance at $4. Should the asset maintain its position near $4, it could pave the way for a more ambitious target, reaching $6 in the coming days.
The technical indicators for the PNUT pair on Binance suggest a significant shift in market momentum. The Moving Average Convergence Divergence (MACD) also shows signs of a bullish trend, with the MACD line crossing above the signal line. The Relative Strength Index (RSI), currently at 77, reveals that PNUT is entering an overbought zone.
Given its rising popularity and market momentum, PNUT’s current trajectory suggests strong potential for a 300% gain. With increased trading volume and technical indicators favoring a bullish trend, PNUT’s upward surge could persist. DYOR
For $10set, $0.618, $1, and $1,618 levels are future potential support and resistance zones.
When the price approached levels such as 0.5041, 0.9080, 1.5000, and 8.1976, significant resistance and support zones formed.
In particular, the 0.2633 level appears to be the current price level, and this could be a significant support level.
Blue lines show the possible direction of movement of the price. On the chart, the price is expected to make an upward exit and enter a strong uptrend, especially towards the level of 8.2411.
The price is currently at a low level and there is a tendency to recover upwards.
• 8.2411, which is 1.618 Fibonacci level, has been marked as a potential target in the long term. This level can be a strong resistance, and if the price reaches this level, selling pressure can occur.
• The fact that the price has crossed the level of 1,5000 means that the upward movement can continue stronger.
It shows an upward potential in the medium and long term. However, it should be noted that selling pressure may increase at resistance levels (especially 0.9080 and 1.5000).
After Silver, Bitcoin to Soon Flip World’s Largest Oil Giant Saudi Aramco 🚀💪
Next Station $BTC 100k 🧧🧧👍
With a staggering 30% gain over the past week, Bitcoin is smashing records hitting a $1.75 trillion market cap and overtaking Silver as the eighth-largest global asset. Within a week’s time, BTC has added over $400 billion to its market cap in its run-up to $100K levels. If the BTC price hits a new all-time high above $90K soon, it will overtake the world’s largest oil giant Saudi Aramco.
With its rally over the past week, Bitcoin has overtaken silver as the eighth-largest asset class with a valuation of $1.75 trillion. This is despite the Silver price being up 44% since the beginning of 2024. However, BTC grabs the limelight extending its year-to-date gains to 101% amid the recent rally to $89,000.
The recent BTC price rally and altcoin rally have largely been part of the Trump trade as the crypto industry looks forward to the new policy developments. Calls for keeping Bitcoin as a reserve asset of the US have also been on the rise following the Trump victory.
Sui (SUI), a layer-1 blockchain, recently saw a sharp rise in market value, capturing investor interest with its robust performance. SUI has shown a clear bullish trend, hinting at the potential for further gains and approaching a new all-time high. November has been a standout month for SUI, with the bullish momentum only gaining strength, reflecting increasing confidence and demand in the market.
The Layer 1 blockchain, SUI, is experiencing an upswing today, marking a 5.47% gain in the last 24 hours. Currently, the SUI price is at $3.20. The SUI token reached a 24-hour high of $3.29, while its lowest point for the day was $2.82. This recent spike brings it closer to its all-time high of $3.29, achieved today, November 11, 2024, just one hour ago.
SUI has shown remarkable growth since its all-time low of $0.3643, recorded on October 19, 2023. This represents a significant 794.44% increase, highlighting the token’s strong upward momentum. The 24-hour trading chart reveals periods of red and green movements, indicating volatility yet overall positive sentiment as the price climbed above $3.
With a rank of #14 in the cryptocurrency market, SUI has attracted attention due to its recent performance and steady increase in value.
The crypto market surged today, lifting investor sentiment globally. Bitcoin (BTC) climbed to a new high, stabilizing at $81,000. Ethereum (ETH), Solana (SOL), and XRP also saw significant gains, fueling optimism about continued bullish momentum across the digital asset space.
November 6 was one of the biggest events in the crypto industry, as the polling results declared Donald Trump as the 47th President of the country. With that, the crypto trading market has witnessed quite a boost, leading to many dormant Ethereum whales returning to the market to benefit from the ETH price rally.
In the last 24 hours, the crypto market has seen a heavy boost, leading to a 9% surge in global market capitalization, currently at $2.43T. More importantly, traders’ enthusiasm has returned, guiding the trading volume to $180B. Overall, this was the outcome of the Bitcoin price hitting a new ATH of $76,460.15 just a few hours ago.
ETH price has surged 11% in the last 24 hours, attracting every crypto trading enthusiast towards itself, including this dormant Ethereum whale. As per the Lookonchain X post, this crypto whale has come out of dormancy after 8 years and instantly sold 11,005 $ ETH, making $30.56M with the Ethereum price of $2,777. However, this is not the only ETH whale that has dumped their tokens at the ongoing market rally. Another one sold $65.63 Million to Kraken earlier, which was concerning to many as such crypto whale involvement creates bearish sentiments.
However, despite this selling, the token is bullish and continuously moving up, currently at $2.8k, with a market capitalization and trading volume of $336B and $38B. It is impressive, especially after its earlier constant drop.
The Lookonchain post further revealed that the dormant Ethereum whale accumulated all these Ethereum tokens in 2016 when the ETH price was just $3.46. Since then, the value has surged more than 800X, making a heavy return for these crypto traders. However, if the whale had held for a little longer, it could have grabbed even better returns.
11 Promises US President Donald Trump Made To Bitcoin and Crypto Industry
$BTC 🧧🧧🧧
Donald Trump’s victory in the 2024 US Presidential election has sparked a surge of enthusiasm among cryptocurrency enthusiasts, especially regarding his promises for Bitcoin and the crypto industry. These promises have contributed to pushing Bitcoin’s value beyond $75,000. His re-election marks a pivotal shift in US policy, with a clear focus on making the country a dominant force in the global crypto landscape.
1. Fire SEC Chairman Gary Gensler
2. Establish a National Bitcoin Stockpile
3. Plans To Make the US the Global Hub for Crypto
4. Retain Bitcoin Holdings from Seizures
5. Eliminate Capital Gains Tax on Bitcoin
6. To Support Domestic Bitcoin Mining
7. End the Anti-Crypto Crusade
8. Launch a Bitcoin and Crypto Advisory Council
9. Protect Self-Custody Rights
10. Oppose a Central Bank Digital Currency (CBDC)
11. Donald Trump Promised To Commute Ross Ulbricht’s Sentence
Here’s Why Solana Price at $162 is “Cheap,” SOL Could Hit $1,000
$SOL 🧧🧧 Solana (SOL), a Layer 1 blockchain, has shown varied price movements through the second half of 2024. After an early surge, the cryptocurrency encountered strong resistance near the $200 level, leading to a period of price fluctuation. Recently, SOL’s price appears to be consolidating as analysts hint at a potential breakout. With market experts considering the asset “cheap,” some believe that Solana’s current momentum could set the stage for a significant upward trend, suggesting promising opportunities ahead.
The price of SOL is around $162, but it remains significantly below its all-time high of $260.06, which was reached on November 7, 2021. This marks a 37% drop from its peak, suggesting potential for significant upside.
With the prospect of a new bull run on the horizon, many experts believe Solana price prediction could revisit its previous highs and potentially surge to even higher levels.
Assuming a Trump victory and a stable economic environment, My guess Bitcoin (BTC) to trade between $100,000 and $200,000. Ethereum (ETH) could reach a range of $4,000 to $6,000, while Solana (SOL) might hit between $500 and $1,000.
The Whale activity in the Solana market has seen a noticeable shift recently. A substantial portion of stablecoins, valued above $5 million, is now concentrated in whale holdings. This trend coincides with volatility in Solana’s price, suggesting potential market influences. Increased whale holdings may indicate strategic positioning in anticipation of market movements, heightening interest in Solana’s upcoming price trajectory.
Bitcoin and Ethereum ETFs Are Attracting Great Interest
$BTC $ETH $XRP 🧧🧧🧧 Since January, Bitcoin Exchange Traded Fund (ETF) has received net inflows of almost $900 million. Institutional investors' interest in crypto assets continues to increase rapidly. Ethereum (ETH) based ETFs are similarly followed with interest, and these trends give positive signals for the future of the market. These developments in the cryptocurrency ETF market have led other ETF providers to quickly enter the race to offer new products.
Canary recently applied for an ETF for Solana (SOL) Coin, while 21Shares applied for an ETF for Ripple's XRP Coin. Ripple has been fighting the US Securities and Exchange Commission (SEC) for years and has achieved a partial victory in the litigation process. The process is progressing very positively because the opinion that XRP is not a security is not appealed according to the statements of Ripple officials.
Using the advantage of applying early, 21Shares wants to take advantage of this opportunity if it is approved and take a strategic position in the market. Ripple also plans to continue to strengthen its network through agreements with financial institutions and corporate companies. The functions of XRP, which is XRP's Blockchain network, are also being increased in this process.
Dogecoin Price Is ‘Super Bullish’ As Whales Pour An Extra $149M Into DOGE 🐳 🚀
$DOGE 🧧🧧🧧 Dogecoin price looks incredibly bullish as large investors, known as “whales”, have poured an additional $149 million into the meme coin in the last 24 hours. This massive capital influx signals strong confidence among influential market players, boosting optimism about DOGE price recovery.
DOGE price increased by 6.9% in the last 24 hours to trade at $0.1764 as of 00:48 a.m. EST. This includes an incredulous 27.8% weekly gain and a 50.9% bi-weekly uptick. Although Bitcoin has played a huge part in the current rally, the upcoming U.S. election is also likely a contributor to the rise of Dogecoin.
Data from ITB shows that large investors are betting more on Dogecoin, which is surging higher. Over the last 24 hours, large holder inflow has surged to 861 million DOGE from 3.08 million, signaling whales’ increased confidence in the crypto asset.
DOGE price has surpassed the past resistance (1) well and now faces the second resistance (2). This level has been tested once before but still presents a significant hurdle. If Dogecoin breaks above this resistance, the next major barrier is around $0.22, which coincides with the yearly high and marks a 29% increase from the current price.
Bears can invalidate the current bullish thesis by pushing the price of DOGE below $0.142 (Resistance 1). This would show market weakness and result in a cascade effect of panic selling, pushing the price further lower to $0.105 support.
The crypto-charged U.S. elections are coming up in five days, and the crypto markets, especially Dogecoin, should expect high volatility.
Fetch AI Completes Network Upgrade , Can FET Price Reach $13?
$FET 🧧🧧 Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule.
The integration of the CUDOS mainnet into Fetch ai brings new interoperability and functionality to the Fetch.ai ecosystem. By merging with CUDOS, Fetch.ai has broadened its decentralized computing capabilities, allowing for more efficient and scalable AI and blockchain-based applications.
Fetch.ai is also making strides in cross-chain interoperability through a recent partnership with Injective, a decentralized finance (DeFi) protocol. This collaboration allows Fetch.ai to replace its Inter-Blockchain Communication (IBC) protocol light client with Injective’s technology, enabling more efficient cross-chain asset transfers between the Fetch.ai and Injective networks.
The recent formation of a “Cup and Handle” pattern, a bullish continuation indicator. If FET breaks out from this pattern with high volume, a significant price rise could follow. The Relative Strength Index (RSI) for FET remains within a neutral range, around 44.68, suggesting that the asset has room for upward movement without being overbought.
Consider these 4 XRP rivals that could turn your $1 into $1000 in 2024: Solana (SOL), Dogecoin (DOGE), Toncoin (TON), and Cardano (ADA). With their rapid growth and promising technology, these coins are worth a closer look.
4 XRP Competitors to Buy to Turn $1 to $1000 in 2024
$ADA $TON $DOGE 🧧🧧🧧
The cryptocurrency market is showing signs of recovery, with several XRP competitors emerging as strong contenders. These coins have demonstrated remarkable growth, making them potential investments to transform $1 into $1000 by 2024. 4 XRP Competitors to Buy to Turn $1 to $1000 The XRP price remains steady at $0.52, while Bitcoin holds at $67K and Ethereum stays above $2,500. Here are four XRP competitors to consider for 2024 investments.
Solana (SOL) Solana (SOL), an open-source blockchain, is gaining momentum in decentralized finance (DeFi). Supporting decentralized applications (DApps), the latest SOL price has surged by 4% to $173 in the past 24 hours. Over the last year, the layer one market value soared by over 452%, showcasing strong market growth. Solana is emerging as a major XRP competitor, attracting investors seeking high returns in 2024. According to Coinglass data, Solana’s derivatives market has seen significant activity. The total volume increased notably, with open interest rising, reflecting growing market participation. Options trading volume has expanded, with a corresponding rise in open interest. These metrics highlight Solana’s increasing traction in derivatives, signaling strong investor interest. Dogecoin (DOGE) Dogecoin (DOGE), a major meme coin featuring a Shiba Inu from the “doge” meme, has recently experienced a significant price increase. Rising by 13% in the past week, the price of DOGE has climbed to $0.138. Over the last year, its value surged by 106%, indicating growing interest in the cryptocurrency. This positions Dogecoin as a competitor to XRP in the crypto market. The whale transaction count for Dogecoin has surged significantly, indicating increased activity from large holders. As of late October, transactions above $100,000 saw a noticeable rise, coinciding with a price. This trend highlights heightened whale interest and potential market movement for Dogecoin.
Toncoin (TON) Toncoin (TON) is gaining attention for its cutting-edge layer-1 blockchain technology, offering fast transactions and low fees. Currently priced at $5.19, it has experienced a 1% dip in the past 24 hours. Despite this, Toncoin has skyrocketed by 1127% over the past year. This strong performance positions it as a potential XRP competitor in 2024. TON currently has a total value locked (TVL) of $390.12 million. This reflects the growing interest and confidence among investors in the platform. The increasing TVL indicates that more assets are being held within TON, highlighting its potential for future growth in decentralized finance (DeFi).
Cardano (ADA) Cardano (ADA), a leading third-generation blockchain, has gained attention for its energy-efficient proof-of-stake (PoS) protocol, which contrasts with traditional proof-of-work (PoW) systems. Over the past year, the ADA price has increased by 21% despite a recent 4% dip, trading at $0.3414. As XRP competitors rise, investors are eyeing potential gains, hoping to turn $1 into $1,000 by 2024. If the ADA price breaks through the $0.4 resistance level, it could see a bullish reversal. This movement may push ADA toward the next significant resistance point at $0.5 in an upcoming rally.
As the market remains volatile, XRP competitors present opportunities for investors. With notable growth trends, these cryptocurrencies may turn modest investments into substantial profits by 2024. Investors should closely monitor these promising coins for potential high returns in the upcoming year. DYOR #ETHBTCNewLow #Priceanalysis #predictions