BTC's price showed weakness during the past day despite the prevailing market optimism.The crypto market faced significant liquidations of nearly $170 million post-Christmas, triggered by a slight decline in the values of major cryptocurrencies.Data from CoinMarketCap indicates that the largest cryptocurrency by market capitalization, Bitcoin, declined 1.18% to $42,639, reminiscent of its run in the previous week.Similarly Ethereum and other large-cap alternative cryptocurrencies like Tron, Avalanche, XRP, and others recorded slight losses during the reporting period.Conversaly, some digital assets like Binance-backed BNB, high-flying Solana, and ORDI showed strength with gains of 5%, 3%, and 13%, respectively.Solana SOL and ORDI are two of the best-performing digital assets of the current year. These cryptocurrencies have generated much interest and adoption from the crypto community heavily investing in them.$170M liquidatedCoinglass data shows that these asset price movements liquidated $168 million across all assets from more than 70,000 crypto traders during the past day. Long position holders—traders betting on price increases—lost $92.16 million, while traders with bearish sentiments were liquidated $76 million during the reporting period.Across assets, speculators on BTC price saw the most losses of about $26 million within the last 24 hours, with long traders losing $12.48 million and short positions losing $13.03 million. Notably, the most significant single liquidation order was a $3.15 million long BTC position held on BitMEX.Similarly, Ethereum traders faced around $21 million in losses, while Solana traders also lost approximately $24 million, with most losses suffered by long traders.Traders speculating on ORDI price also experienced losses totaling about $22 million. Long traders of the token faced losses of approximately $7.5 million, while those betting against its price lost $13.83 million.Meanwhile crypto traders using the embattled Binance platform accounted for more than 40% of the total losses suffered in the market. The exchange users lost $72.25 million, followed by OKX with $51.65 million.Additionaly traders on Bybit were liquidated for $22.92 million, while Huobi users incurred a total loss of $17.51 million.#BinanceChristmas #BinanceTournament #BitcoinPriceDrop #Osmy_CryptoZ

The Solana (SOL) cryptocurrency coin is now seeing meteoric growth, and all signs point to it not slowing down anytime soon as it approaches $100.There are a number of positive stories circulating inthe Solana ecosystem, so this is certainly doable. Curiously, SOL is now the fifth biggest cryptocurrency by market cap, surpassing XRP.Seriously, Solana DeFi 2.0A tweet by the official Solana X (formerly Twitter) account on December 16 said, "Solana DeFi 2.0 is just getting started." With its DeFi network gaining momentum, SOL might be up to something. Solana and Ethereum have been competing head-to-head in terms of DEX volumes on their respective chains, according to data from DeFiLlama.The 7-day DEX volume for Solana recently broke Ethereum's record. Over the past week, trade activity on SOL has totaled about $9.03 billion across all DEXs on the network. The Ethereum market was worth $8.836 billion simultaneously. It becomes even more astounding when you think about how Ethereum is home to the leading decentralized exchanges.The inevitable $100 price point for SolaSOLna is imminent given the amount of capital flooding into the ecosystem. According to DeFi Llama's data, a lot of people are increasing their investments in the Solana ecosystem. The Total Value Locked (TVL) on Solana has reached $1.20 billion, its highest level since last year, as of this writing.It is important to recognize the protocols that are expanding upon Solana. Jito, a protocol for liquid staking, is one of them; it has more than $570 million in locked funds. A recent airdrop of $225 million to $SOL users by the DeFi platform injected fresh capital into the economy.The "Ethereum Killer" moniker has stuck with Solana for quite some time, although the technology has failed to deliver as promised. Many people thought the network couldn't compete with Ethereum because of its long history of frequent outages. This time, though, more and more people are of the opinion that SOL can actually deliver on all the promises made.Notably, since the last known network breakdown in February of this year, the Solana network has maintained a perfect uptime record. In light of the current uptick in network activity at Solana, this is all the more praiseworthy.Many may see Solana as a viable alternative to Ethereum if it can permanently eliminate these problems. Undoubtedly, the value of SOL will ris tandem with its increased utility.Solana is "doing a really good job," according to ARK Invest CEO Cathie Wood, who recently spoke highly of her. Additionally, she hinted that SolaSOLna outperforms Ethereum in terms of speed and cost-effectiveness.$SOL #BinanceTournament #VoiceOfCrypto #Osmy_CryptoZ #Topsoon

Cardano Price Prediction: The ADA price on the verge of a triangle pattern will intensify the buying pressure.Cardano Price Prediction: In line with current market uncertainty, the Cardano coin price traded sideways for nearly three weeks. The daily chart shows rejection candles on both sides indicating high volatility and no indication from buyers or sellers. However, this consolidation developed into a pennant pattern indicating that the buyers have an opportunity to resume the recovery trend.Is ADA Price Ready to Hit $0.8?A bullish breakout from the triangle pattern will trigger a directional rally.The midline of the Bollinger band indicator continues to offer strong pullback support.The intraday trading volume in the ADA coin is $829 Million, indicating a 1.4% gainCardano Price Prediction | TradingView ChartAfter witnessing an aggressive recovery in the last two months, the Cardano price hit a major roadblock at $0.68. This newfound supply pressure in tandem with market volatility turned the ADA price projection sideways.However, the consolidation resonating within two converging trendlines shows the formation of a bullish pennant pattern. This chart pattern, often spotted in between established rallies, indicates the buyers are having a mild breather to revive the recovery rally.The new entries in the market should wait for a breakout above the overhead trendline to get confirmation of an upcoming rally. This post breakout would surge 27% up to hit the $0.8 mark. On a contrary note, if the prices break below the lower trendline, the Cardano coin may witness a significant correction ADA vs BTC PerformanceSource: Osmy_CryptoZ | Cardano Vs Bitcoin PriceIn a comparison analysis, the Bitcoin and Cardano coins show a strong bullish outlook for their near future. However, a keen difference between them is that the ADA price shows a long post-rally correction which usually develops into a bullish continuation pattern like a flag or pennant, While the Bitcoin price shows gradual growth with new breakout opportunities.Relative Strength Index: The RSI slope above the 50% mark indicates the market sentiment is positive on this asset.Bollinger Band: The converging boundaries of the Bollinger Band indicator accentuate a highly volatile phase in this asset.#CardanoPredictions #BinanceTournament #2023WithBinance! #Osmy_CryptoZ

XRP Price Prediction: The morning star at the base trendline teases a bounce back in XRP price putting a breakout possibility on the cards.XRP Price Prediction: The XRP price maintains an indecisive trend in a volatile market, keeping a symmetrical triangle intact in the daily chart. However, the morning star pattern leads to a bullish comeback possibility that may potentially lead to a breakout trend. The unleashed trend momentum may provide buyers an entry opportunity to ride a long bullish wave.Will Morning Star Ignite The Breakout?A bullish reversal lower trendline hints at a quick 6% jump. The flattish 20-and-50-day EMA accentuates a sideways action in the short term.The intraday trading volume in the XRP is $609 Million, indicating a 29% loss.XRP Price Prediction| TradingView ChartThe current technical chart for XRP price illustrates a symmetrical triangle pattern taking shape amidst significant market volatility. Traders seem to have taken note of this pattern, consistently responding to its cues with repeated reversals and bounces within the confines of the triangle. Currently, XRP is priced at $0.6264 and is witnessing a modest recovery from the support trendline, signaled by a morning star candle pattern. This movement might lead to a slight rally towards the triangle’s upper resistance trendline. The XRP price is anticipated to see an upward swing from the lower trendline, potentially climbing by 6% and aiming for a bullish breakout from the pattern. However, as long as the triangle formation remains intact, expect XRP to undergo limited fluctuations as it nears the apex of the pattern.This Breakout Might ignite A Jump To $28. As the current market outlook due to the triangle pattern for XRP is neutral, the morning star teases a potential bounce back which could accelerate the buying pressure. Thus, the post-breakout rally could drive the price 28% up to $0.81On the downside, a fall below the support trendline will plunge the XRP price down to $0.53Relative Strength Index: The daily RSI maintains a lateral trend at 50%, indicating a neutral sentiment among investors.Exponential Moving Average: The XRP price above 100-and-200 EMAs reflects the long-term trend as bullish#priceprediction #BinanceTournament #Osmy_CryptoZ

After hitting a 21-month high, Bitcoin price fell on Wednesday morning, sending the global crypto market cap tumbling to $1.73 trillion.Red was the dominant color all over the cryptocurrency charts on Wednesday morning. The OG cryptocurrency Bitcoin fell, retreating from the nearly two-year high but prices were still hovering around the peak of the recent rally.Other cryptocurrencies followed suit, leaving crypto investors jittery. However, Bitcoin’s recent price surge has spurred calls for a new crypto bull market, buoyed by expectations that the US Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund (ETF) by Jan 10.Bitcoin price slid 0.36% over the last 24 hours to $45,256, with its market capitalization at $886.54 billion. The 24-hour trading volume, however, jumped nearly 28% to $32.7 billion.Beyond Bitcoin, Ethereum — the second largest crypto — fell 0.82% to $2,368. At press time, its market capitalization stood at $284.67 billion. Ether’s trading volume over the last 24 hours surged over 37% to $11.68 billion.Other tokens were also weak, with Tether price down 0.05% and BNB off 2.08%. Solana plunged over 3% in the last 24 hours to below $108 while XRP shed more than 1%. Memecoins also fell, with Dogecoin dropping 1.34%, and Shiba Inu sliding 1.78%.The drop in prices of cryptocurrencies was reflected in the global crypto market, which slid nearly 0.47% to $1.73 trillion. However, the fear and greed index level stood at 74, indicating investor sentiment is greed, meaning they’re still keen on buying.Top 3 Cryptos For TodayPepe CoinThe price of Pepe Coin has fallen over 4% over the last 24 hours to $0.000001367, sending its market cap tumbling by over 4% to $574.5 million. However, its trading volume over the last 24 hours was up nearly 3% at $73.14 million.Kaspa (KAS)While major cryptocurrencies fell on Wednesday, KAS investors were rolling in dough, with the token rising nearly 2% to $0.12 over the last 24 hours. The optimism was reflected in its market cap, which expanded by 1.86% to $2.6 billion. The 24-hour trading volume surged over 30% to over $36.56 millionArbitrum (ARB)The price of Arbitrum jumped over 9% over the last 24 hours to $1.89. The token has appreciated more than 47% in the last seven days and is sitting at a market cap of $2.41 billion. As of writing, its trading volume stood at $1.3 billion.#BTC!💰 #priceprediction #BinanceTournament #Osmy_CryptoZ #2024withBinance

Any currency among the three ADA, XRP, POLYGONWho will you reach $10 first in the next bull cycle?Predicting which cryptocurrency will reach $10 first in the next bull cycle is a complex task and any answer should be treated with caution, as the cryptocurrency market is highly volatile and prone to unexpected changes. However, I can offer some insights based on current trends and historical data to help you make your own informed decision:Cardano (ADA):Pros: Strong development team, active community, focus on scalability and security, growing adoption in DeFi and NFTs.Cons: Relatively slow transaction speed compared to some competitors, price has been stagnant for a while.Ripple (XRP):Pros: Fast and cheap transactions, large existing user base, potential for increased adoption due to its focus on cross-border payments.Cons: Regulatory uncertainty surrounding XRP could hinder its growth, lawsuit with the SEC ongoing.Polygon (MATIC):Pros: Scalable and fast sidechain solution for Ethereum, low transaction fees, growing ecosystem of DeFi and NFT projects.Coins: Reliant on the security of the Ethereum mainnet, competition from other Layer 2 scaling solutions.Based on these factors, it's difficult to definitively say which cryptocurrency will reach $10 first.However, Polygon (MATIC) and Cardano (ADA) might have a slight edge over XRP due to their strong ecosystems and active development. However, remember that this is just a hypothesis, and the market can be unpredictable.Here are some additional factors to consider when making your own predictions:Overall market sentiment: A strong bull cycle across the entire cryptocurrency market will benefit all three of these coins.Technological advancements: Any major technological breakthroughs could give one coin a significant advantage over the others.Regulatory changes: Regulatory changes could have a major impact on the price of any cryptocurrency.#BinanceWish #BinanceTournament #Osmy_CryptoZ

MAJOR POINTSSOL captivated crypto traders' interest as its weekend trading volume on major centralized crypto exchange platforms surpassed that of Bitcoin and EthereumThe Solana network hit a record-high number of 6.8 million addresses this monthSOL was trading in the green zone at $112.96 as of 5:37 a.m. ET on TuesdaySolana (SOL), the native cryptocurrency of the network of the same name, achieved a significant milestone over the weekend when it flipped two of the world's largest crypto assets by market capitalization -- Bitcoin (BTC) and Ether (ETH) -- in terms of trading volume.Solana has surpassed Binance Coin (BNB) and Ripple's XRP since Monday, and has continued to retain its spot as the fourth-largest crypto asset by market capitalization, based on the latest data from crypto aggregator CoinMarketCap.But, during the past weekend, SOL captivated crypto traders' interest as its weekend trading volume on major centralized crypto exchange platforms crossed that of Bitcoin and Ethereum. This significant milestone was first shared by Coinbase director Conor Grogan last Sunday, noting that Solana had more trading volume versus combined trading volume of Bitcoin and Ether.#BinanceTournament #Launchpool #SolanaGems #Osmy_CryptoZ

Crypto Market Selloff: crypto market saw a broader selloff with BTC, ETH, SOL, XRP, ADA prices breaking below support levels.The global crypto market cap fell more than 6% to $1.63 trillion today. Top cryptocurrencies Bitcoin, Ethereum, Solana, XRP, Cardano, and others tumble over 6% in just an hour. BTC price fell 7% to below the $41,000 level in the last 24 hours, erasing earlier gains. On the other hand, Ethereum (ETH) price fell 8% to hit a low of $2,113.The crypto market saw over $600 million in liquidation in the last 24 hours, with $500 liquidated in just an hour. Coinglass data indicate long positions worth over $561 million were liquidated today, January 3. More than 176K traders were liquidated in the last 24 hours, with the largest single liquidation order on Huobi’s BTCUSDT worth $14.26 millionCME Bitcoin Futures OI Slips From Record HighCME Bitcoin futures open interest (OI) hit a record high on Wednesday amid spot Bitcoin ETF approval hype and FOMO after recent BTC price rally.Coinglass on January 3 reported Bitcoin futures open interest (OI) on CME hitting a new high of $5.69 billion. The last time CME Bitcoin futures open interest hit an all-time high was in October 2021 when BTC price was trading above $60,000. In the next two months, BTC price tumbled below $40,000.Additionally, the total Bitcoin futures OI on all exchanges dropped by 9% to $18.17 billion from $20.23 billion. In the last 4 hours, BTC OI fell by 6% on CME and 16% on Binance. Also, BTC options data indicates that puts are gradually increasing in the last 24 hours, indicating selloff by options traders.Meanwhile, Matrixport has shaken the crypto community with a bold forecast on Bitcoin price and SEC’s decision on Bitcoin Spot ETF. According to the latest report, the U.S. Securities and Exchange Commission (SEC) is anticipated to reject all Bitcoin spot ETFs in January, potentially triggering a sharp decline in Bitcoin’s value to as much as $36,000.Macro Makes An ImpactThe US Dollar Index (DXY) soars 0.29% to move over 102.50 today. It has continued to rise since last week after hitting a low of 100.99 last week.Moreover, U.S. Treasury yields rose on Wednesday as investors look for fresh economic data due this week that could provide insights. 10-year Treasury yield jumps to 3.973%, making a rebound in the last few days.ISM Manufacturing PMI, JOLTS Job openings, and FOMC meeting minutes are due today while the jobs reports and services PMI’s are expected on Friday.These macro factors are adding additional hindrance to further upside momentum in Bitcoin.#BTCETFSPOT #ETFBitcoin #BinanceTournament #Osmy_CryptoZ

Polygon (MATIC) shows bullish trends, with a recent surge above $1; analysts predict further growth in January.Polygon is witnessing a notable bullish trend as its native token, MATIC, shows promising growth at the onset of 2024. Following an impressive end to the previous year, MATIC’s performance continues to capture the attention of investors and analysts alike, hinting at a potential for further price increases.The year began with MATIC recording a 2.04% increase on New Year’s Eve, positioning itself in bullish sentiment. This rise is part of a broader trend that saw the cryptocurrency gain nearly 17% in the past week alone. At the time of reporting, the Polygon token is trading at $1.02 with a 24-hour robust surge of 5.38 percent higher. Analysts’ Optimism for PolygonIn a recent Twitter update, a crypto analysis realm, “Altcoin Sherpa,” expressed a bullish prediction on MATIC’s future price. Altcoin Sherpa anticipates MATIC to potentially reach a price target of $1.20 in the medium term. This prediction echoes a broader sentiment in the crypto community, seeing MATIC possibly hit the $2 milestone this year.MATIC has noticeably lagged but I think it should go to $1.20 in the short/mid term here. Still looks pretty strong and should be a decent one to trade now. Uncertain if this outperforms other narratives/ L1 type of coins in 2024 though. Treat this more as a trade vs.…Ali Martinez, another crypto analyst shared his insights on Twitter the same day, presenting a slightly optimistic short-term view. According to Ali Martinez, MATIC is poised to climb to $1.25 in the near future. MATIC price has been trending upwards after rising to a daily high of $1.03. With low volatility, Polygon’s price has been trading in a narrow range of $0.9757 to $1.05.His long-term forecast is more optimistic, with a target of $1.82. Martinez’s predictions are grounded in technical analysis, specifically breaking a symmetrical triangle pattern on the MATIC chart, which has been forming for several months. MATIC, the native asset of the Polygon PoS chain, ended 2023 with only a 28% price gain, compared to other cryptocurrencies that doubled their prices.Momentum Building in MATIC’s MarketIn the recent 4-hour chart, MATIC’s buyers have shown a consolidated effort around $0.9886. This has led to a significant momentum buildup, breaching the crucial $1.00 mark and achieving an intraday high of $1.03. Despite this surge, the price returned to the supply zone at $1.00, where MATIC/USD formed several double bottoms. The trading pattern has remained tight, fluctuating between $0.9757 and $1.03. These minimal changes suggest the market is on the cusp of establishing a more defined uptrend.The last 24 hours have been pivotal for MATIC, with bulls gaining additional momentum to overcome the minor resistance at $1.03. The price hovers above all moving averages, including a noteworthy rise above the EMA 10 ($0.9671) and SMA 10 ($0.9744) at the start of today’s trading session. The MACD shows a positive outlook at 12, 26, while the RSI at 31 and Stochastic%K at 75.77 maintain a neutral to bullish stance.Polygon Price Prediction The bulls in the MATIC market are setting their sights on surpassing the $1.50 threshold. The Ichimoku baseline analysis (9,26,52,26) presents a market leaning from neutral to bullish. However, if the momentum wanes, MATIC could see a retraction to its main support at the SMA 100 level of $0.88.MATIC/USD daily chart, Source | TradingViewFailing to hold this line might trigger a bearish target of $0.75, potentially leading to a downturn below $0.70. Conversely, the immediate resistance is identified at the Hull Moving Average 9 ($1.099). This sets the stage for MATIC to possibly revisit its intraday high, as technical indicators hint at a continued bullish trend.#priceprediction #BinanceTournament #Osmy_CryptoZ #2024withBinance #MATICAnalysis

Will Bitcoin’s Declining Dominance Push Solana (SOL), Shiba Inu (SHIB) And Injective (INJ) Prices?This week began with a downturn in the market, but it has since shown significant recovery, with Bitcoin approaching the $44,000 mark. As a result, major altcoins are seeing a surge in investment, aiding them in surpassing key resistance levels. As the year draws to a close, the upcoming week could bring increased volatility, potentially leading to new peak prices or lows for Solana, Shiba Inu, and Injective.Bitcoin’s Low Dominance Triggers AltcoinsCurrently, Bitcoin is facing a resistance level at $45,000, and its market dominance has seen a slight decline, moving from a peak of 55.12% to 52.74%. At the same time, the market dominance of altcoins has been increasing as the metric has surged from 11.08% to 13.11%.Technical analysts often see a decrease in Bitcoin’s market dominance, combined with Bitcoin’s price showing range-bound movement or consolidation, as a potential indicator of an immediate breakout in altcoin prices. With the BTC’s dominance currently declining and altcoins dominance surging, we might see a potential bullish week for altcoins next week.Solana Price AnalysisSolana experienced a notable rebound from its 20-day Exponential Moving Average (EMA) and broke the ascending channel pattern, which reflects strong buying interest from bullish traders.The SOL price touched a high of $99.5 and might encounter selling pressure around the $100 mark. However, if the bulls manage to maintain their position above $104 without significant losses, the likelihood of the uptrend continuing remains high. A push above the $100 level by buyers could set Solana on a path towards $118 next week. #BinanceTournament #Priceanalysis #Osmy_CryptoZ #BinanceWish

Crypto price prediction highlights Chainlink (LINK), MINA, and EGO as the top altcoins to consider in December ahead of the New Year rallies.The crypto market is gradually closing the gap to a $2 trillion valuation as sentiment improves across the board mainly due to the the approval of spot Bitcoin exchange-traded funds (ETFs) in January.Bitcoin itself is also staying buoyant above $43,000 amid growing expectations of a breakout above $50,000 and subsequently toward an all-time high at $69,000.Crypto Fear & Greed Index Surges To 73The crypto fear & greed index, a metric developed by Alternative.me, to track emotional behavior reveals that investors are getting greedy. With the metric now at 73, there are glaring signs of the fear of missing out (FOMO) which can be interpreted as a double-edged sword.On one hand, investors are extremely bullish on the market bolstered by the ETF approval by the Securities and Exchange Commission (SEC) while on the other, people are likely to sell their holdings.Therefore, investors buying crypto in December should be cautious as the risk appetite increases, meaning the market is due for a correction. Some people are likely to buy the rumor and sell the news after the ETF has been approved in the US.Recommended for you: Bitcoin Price FOMO To $50,000 Intensifies With The SEC Set To Greenlight BTC ETFChainlink Price Prediction: Is LINK Ready To Launch Past $20The leading Oracle provider in the crypto industry, Chainlink price is trading at $17 following a significant breakout from support at $14.75 bolstered by the 200 Exponential Moving Average (EMA) (in purple).Following the breakout accentuated by a symmetrical triangle pattern as illustrated on the four-hour chart, LINK almost closed the gap to $20, trading a new 2023 high at $17.68 before pulling back slightly.LINK/USD price chart | TradingviewThe Moving Average Convergence Divergence (MACD) indicator supports the bullish theory with a buy signal. However, short-term speculators may want to wait until the ongoing correction is over before they can enter new long positions.Losing the immediate support at $17 might prove detrimental to LINK’s technical structure with losses likely to extend to test the 20 EMA (in blue) at $16.However, with the spot ETF approval beckoning in less than two weeks, it might be advisable not to short Chainlink at the moment as that might lead traders into a bear trap.Mina Protocol Price Prediction: MINA Extending Price DiscoveryMina Protocol has been in price discovery mode from the time it lifted above the previous all-time high of $1.2.The token made history with a new record high at $1.4 on December 27, but due to profit-taking, MINA had retreated to trade at $1.26 at the time of writing on Thursday during US hours.MINA/USD price chart| TradingviewNow that the MACD indicator still dons a buy signal, traders may prefer to hold their positions open while targeting a rebound from support at $126.However, a retreating Relative Strength Index (RSI) from the overbought region suggests that sellers have the upper hand, at least for now. Therefore, if the decline continues below $1.26, it might be time to close the long positions and perhaps buy MINA at lower price points such as $1.1 and $0.9.EGO Price Uptrend Grinds To A Halt, What’s Next?The internal token of the Paysenger service, EGO, is towering above the crypto market with gains exceeding 30% in 24 hours.Paysenger is a platform that brings together content creators, brands, and fans who tap the best monetization tools while enhancing audience engagement.Despite the massive force backing the rally in EGO price, the token hit a barrier at $0.03, represented by the red band on the chart. With the RSI regaining the ground above 50, a break above this resistance could blast off EGO towards $0.1 considering the resistance in the purple zone at $0.06.EGO/USD price chart | TradingviewIf profiting taking trims gains and EGO losses the ground, two moving averages — the 20-day EMA and the 50 EMA will come in handy to absorb the selling pressure, thus increasing the chances of the uptrend resuming. A successful retest of the descending trendline could offer a buy-the-dip opportunity ahead of another breakout.#BinanceTournament #2023withBinance #Osmy_CryptoZ #priceprediction