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Beklemeyin—bu tweet’i kontrol edin ve ödüllerinizi hemen talep edin 👇 https://x.com/kipprotocol/status/1867520884346651010
Panic selling by whales: Altcoins may hit the bottom! Ethereum ($ETH ), which has fallen below $ 3200, surprised with successive whale sales. The Ethereum price has lost more than 13 percent in the last 24 hours and fallen below $ 3,200. The decline in question was triggered by large-scale sales by #ETH whales and the Ethereum Foundation. With the breakdown of the $ 3,500 support, there were large liquidations in long positions. Analysts predict that the next support level will be around $ 2,800. During the general collapse in the crypto market, Ethereum whales created a negative atmosphere on the parity by selling in large amounts. Onchain analysis platform Lookonchain reported that a whale deposited 22,746 ETH ($ 77.7 million) of Ethereum into Binance and withdrew the stablecoin to pay off his debts. Over the past two days, the same whale has deposited a total of 31,968 ETH ($122.3 million) to Binance. Another whale transferred 49,910 #ETH ($170 million) to Binance in the past eight hours and then withdrew 137.8 million worth of the stablecoin. These sales caused a sharp drop in the Ethereum price, creating huge selling pressure on the pair. Ethereum, which has been on a downward trend since $4,000, lost 17.5 in value in a short time. The Ethereum Foundation continues to make strategic sales during periods when the ETH price reaches peak levels. Two days ago, when the Ethereum price was $4,000, the Foundation sold 100 more ETH from its holdings. According to Arkham Intelligence data, the Ethereum Foundation has sold a total of 4,466 ETH ($12.6 million) in the past year. 15 of these transactions were made at levels close to the market peak. The sales in question show that the #Ethereum Foundation is evaluating price peaks strategically.
Solana (SOL) falls below $200: Investors are stressed!
#Solana ($SOL ) has fallen 8 percent in the last 24 hours, falling below $200 for the first time since early November. This decline has been parallel to the pullbacks and liquidations in the market. However, Solana traders seem hopeful that this decline will result in a rapid recovery. With #Solana falling below $200, it would have been expected that traders would be cautious about expecting a price increase. However, the data shows the opposite. According to crypto data platform Coinglass, the Solana Long/Short ratio is on the rise. The Long/Short ratio indicates whether traders expect a price increase or a price decrease. When the ratio falls, the expectation is bearish. However, the ratio is increasing and is about to pass the 1 level. The development in question reflects traders' confidence that the SOL decline will be short-lived. Solana had previously formed a bull flag formation indicating that the price could rise to $300. However, this formation was invalidated when the price fell below $209.58. In addition, the popular altcoin’s trading volume continues to decrease, with sellers making up the majority of it. If this trend continues, the SOL price could fall to $153.97. If the bulls prevent the price from falling below $170.75, an uptrend could begin again. In such a scenario, the $264 level could be targeted as resistance. The restart of the memecoin craze is another factor that could positively affect the #Solana price. If the money inflow to memecoins increases, the Solana ecosystem could see more demand.
Ripple (XRP) investors on alert: $220 million exit!
While the cryptocurrency market is experiencing an earthquake, the large exits from #Ripple ($XRP ) have caused concern. Despite the decline in the cryptocurrency market, Ripple Labs' native token XRP has managed to maintain its critical support level. The $2.20 band plays an important role for XRP. In addition, the $220 million Ripple exit from crypto exchanges confused investors. According to Coinglass data, traders and long-term investors bought millions of dollars worth of XRP during the price drop. XRP spot entry/exit data reveals that 220 million worth of tokens exited the exchanges. This exit offers a positive outlook for Ripple despite the price drop. Long-term investors continue to increase their savings by maintaining their faith in the popular altcoin. In the cryptocurrency world, the term "exit" refers to the transfer of assets from exchanges to the wallets of long-term investors. Breakouts usually indicate a bullish rally and an ideal buying opportunity. Ripple, which managed to maintain $2.20 despite the sharp decline in $BTC and $ETH , is giving positive signals. Based on the recent price action, it seems that the major coin is currently in an upward trend. Especially with the recovery of ETH, Ripple can see serious increases. If #XRP manages to maintain the $2.20 level, the price could increase by 13 percent and reach $2.50 in the short/medium term. On the other hand, if it falls below this support level and closes below $2.20, a pullback to $2 could occur.
Movement (MOVE) defies the fall: Bullish messenger!
Recently listed on popular crypto exchanges, Movement (MOVE) gained upward momentum while $ETH fell. Movement ($MOVE ) gained 10 percent in the last 24 hours, bringing its market value to $ 1.6 billion. Technical indicators such as RSI and ADX confirm the strength of the uptrend. In fact, the fact that the RSI reached the level of 62 indicates that the popular altcoin can rise further before entering the overbought zone. MOVE is preparing to test critical resistance levels. If it reaches the level of $ 1.10 and the trend continues, new peaks may come. However, if the uptrend cannot be sustained, the price is likely to test the level of $ 0.59. MOVE's RSI value is currently 62, indicating an upward trend, showing a significant increase from the level of 46.6 the day before. This increase indicates that the buying pressure is intensifying. However, the parity has not entered the overbought zone, as the RSI value has not yet exceeded the level of 70. The RSI (Relative Strength Index) measures the speed and magnitude of price changes to assess whether an asset is overbought or oversold. Levels above 70 are generally overbought, while levels below 30 are oversold. MOVE’s RSI level of 62 indicates that the market is moving from neutral to bullish, suggesting that the uptrend may continue in the short term. However, when the RSI approaches 70, it may indicate that momentum is slowing and a period of consolidation or a minor correction may begin.
The devastating effect on crypto: These 5 altcoins fell very hard!
With Bitcoin dropping to $96,000, there were frightening declines in the altcoin market. $BTC , which recently reached $108,000 and renewed its ATH, made crypto investors happy. However, the heavy sales that followed later dropped the price to $96,000. However, $ETH , which dropped to $3,300, destroyed altcoins. 1- Ethena (ENA) $ENA , one of the stars of the Ethereum ecosystem, lost 16 percent in value in the last 24 hours. The recent purchase of ENA by World Liberty, supported by the Trump family, had given hope. However, this decline began to worry investors. 2- Virtual Protocol (VIRTUAL) #VIRTUAL , the architect of the AI Agents trend, fell 15 percent in the last 24 hours. The fall from grace of the AI Agents craze and the unexpected pullback in BTC dealt a blow to the popular altcoin. 3- Beam (BEAM) #BEAM , which is seen as one of the potential projects of the upcoming bull season, lost 14 percent in value in the last 24 hours. The popular altcoin, which has retreated to the $ 0.025 band, may experience a further decline if it cannot maintain this level. 4- Lido DAO (LDO) #LDO , the token of the Ethereum staking platform Lido DAO, fell 13 percent in the last 24 hours. LDO, which is under selling pressure due to the weak outlook in ETH, may continue to decline for a while. 5- Fantom (FTM) #FTM , which was rebranded a few days ago, fell 12 percent in the last 24 hours. Although Fantom attracted attention with the transition to the Sonic network, the poor performance of the network and the sharp decline in the market brought selling pressure.
🇬🇧 From January 15, cryptocurrency exchange advertisers targeting the United Kingdom will be able to run ads when they meet certain requirements approved by Google.
validatorsheaven.network'ü yeni NaaS (Hizmet Olarak Node) ortağımız olarak karşıladığımız için heyecanlıyız.
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Daha fazla detay için aşağıdaki bağlantıya göz atın 👇 https://x.com/kipprotocol/status/1870106462841958507
🗣️Fed's Williams: •Our economy is in good shape and that has increased long-term yields. •Recent data is consistent with the Fed's economic forecasts. •The Fed will have to rely on data when setting policy. •We've seen progress on inflation, but recent data is a bit high. •I expect growth to slow to 2% next year and unemployment to remain stable.
🗣️ Fed's Daly: •I'm not happy with inflation at 2.5%, but we've found balance with the labor market. •We don't know what the next administration is going to do, so the data is important to me. •It's time to watch carefully and wait before cutting rates any further. •My guess is that there will be much less rate cuts next year than we think.
🧙♂️ With the price of #Bitcoin falling to the level of 92,000 dollars in the last 24 hours; • $1.21 billion in long positions were liquidated. • The total amount of liquidations in futures transactions reached $1.40 billion. • 423,246 investors were liquidated.
🧙♂️ On December 19th, spot Bitcoin ETFs experienced an outflow of $672 million. Spot Ethereum ETFs, on the other hand, saw a net outflow of $60 million.
🧙♂️ Today at 16:30, the US Core Personal Consumption Expenditures Price Index (Monthly) will be announced. •Expectation: 0.2% •Previous: 0.3%
XRP and ETH price prediction: Will the giants fall?
In these days when Bitcoin is trying to hold on to $ 100,000, there is a short-term correction expectation for $ETH and $XRP . The US Fed's interest rate policy caused the crypto market to decline. Bitcoin fell to $ 98,500 after Fed Chairman Jerome Powell's statements. Although the BTC price regained $ 100,000, it is at risk of falling. Analysts predict that sales will increase in BTC. AMBCrypto stated that the weak outlook in BTC pushed Ether (ETH) and #XRP (XRP) to decline. In the prepared analysis, potential declines for the two giant altcoins were mentioned. Ether (ETH), which failed to hold on above $ 4,000, fell to $ 3,670 due to the increasing selling pressure. AMBCrypto stated that ETH is in the consolidation phase and that it can continue to rally if it stays above $4,000. “ETH can first rise to $3,700 and then to $4,000. A decisive move above the trend line support could restore the uptrend that started in November.” The analysis reported that if #ETH loses the support of the consolidation zone, it could fall to $3,300 to $3,100. AMBCrypto explained that XRP's chart is holding on to the support of the fourth quarter trend despite the 10 percent drop. The analysis stated that the key level to be watched for the rest of 2024 is the support point in question. The analysis stated that if the bulls maintain the $2,309 support, they can target the $2.8 resistance. If XRP holds on to the support, it can rise to the $3.3 peak of the 2021 cycle. Ripple’s new stablecoin RLUSD has kept XRP strong. Indeed, if XRP cannot hold on to $2,309, it could face pressure from short-term sellers. AMBCrypto noted that the $2 to $1.6 range would be an important support zone in the event of a possible decline.
The transfer of 400 billion Shiba Inu (SHIB) has caused concern. Crypto analytics platform Spotonchain reported that two large amounts of Shiba Inu ($SHIB ) were transferred in the early hours of December 19. The development coincided with a 10 percent drop in the price of Shiba Inu following Bitcoin’s Fed Reserve announcement. Spotonchain reported that a whale who bought Shiba Inu early and made a profit of $108 million thanks to his investment, moved a total of 399.99 billion SHIB to US-based crypto exchange Gemini. The Shiba Inu whale purchased a total of 15.2 trillion $SHIB for just 10 $ETH the total value of his portfolio to $48.54 million. This figure shows that the whale has made a total profit of $107.7 million. Another analysis report revealed that SHIB whales have been liquidating their memecoins to a large extent. This coincided with the Shiba Inu price dropping by around 10 percent in the last 24 hours. SHIB price fell from $0.00002618 to $0.00002345. In the last 10 days, the popular memecoin has lost more than 21 percent of its value. Not only #Shiba Inu, but also memecoins in general have seen sharp declines. Factors such as money outflow from memecoins, BTC decline, or BTC dominance increase will push Shiba Inu prices to lower levels. In the opposite scenario, upward movements in the pair can be expected.
Rebranded Polygon (POL) has fallen, accompanied by heavy selling by whales. #Polygon , the largest Ethereum scaling solution by market value, has switched its native token from #MATIC to POL. It was emphasized that institutional demand will increase during the rebranding process. Having completed the rebranding process, POL performed below expectations. Polygon whales sold 80 million POL worth $41.2 million in the last 48 hours. POL has lost more than 5 percent in the last 24 hours. Layer-2 project #Polygon (POL) reached an all-time high of $0.7675 two weeks ago. POL, which has been losing value since the rise in question, has reached a low of $0.48. According to AMBCrypto, many investors are closing their positions (risk/long) due to the decline in POL. Crypto analyst Ali Martinez touched on whales selling POL in a post he published on X. Martinez described the whales selling 80 million POL in a few days as a serious situation. AMBCrypto suggested that whales' sales could create high selling pressure and this could pull the price down. Reminding that the Relative Strength Index (RSI) has fallen, AMBCrypto stated that individual investors have also started selling. On-chain data platform Coinglass reported that investors have started to take short (bearish) positions. According to the data, short positions constitute 55 percent of futures transactions. POL lost more than 5 percent in the daily chart, while it fell more than 20 percent in the weekly chart. The analysis included the following statements; “The decline that occurred amid increasing sales shows that the bearish outlook is strengthening. The scenario formed in the Directional Movement Index, an indicator, also strengthens the possibility of a decline.” AMBCrypto stated that in a possible decline, #POL will try to hold on to the $0.48 support, and if the support point is broken, the price will lose more value. According to the analysis, if POL can hold on to $0.48, it can regain $0.53.
The Donald Trump effect kept that altcoin afloat: New highs on the way!
The #Ethena ($ENA ) price has risen by 10 percent in the last 24 hours, challenging the crypto market and reaching $1.20. This rise was achieved thanks to the increased purchases of ENA whales and the collaboration with the crypto project World Liberty Financial (#WLFI ), supported by the Trump family. Despite the pullback in cryptocurrencies, the ENA price increased by 10 percent today, reaching $1.20. Daily trading volume increased by 174 percent, exceeding $1 billion. Coinglass data shows that open positions increased by 20 percent to $700 million, and traders are positive towards Ethena. Onchain data platform Spot On Chain shared data showing that crypto whales are eager to buy ENA. A newly created wallet purchased 5.29 million tokens from Binance at an average of $1.12. Trump’s World Liberty Financial (WLFI) project purchased 231,726 ENA for 250,000 USDC just 20 minutes ago, following the announcement of a partnership with Ethena Labs. Ethena Labs recently officially announced a partnership with the Trump family-backed World Liberty Financial (WLFI) project. The partnership aims to increase USDe liquidity and improve user rewards on WLFI’s decentralized finance (#DeFi ) platforms. The announcement states that a governance proposal will be presented that includes integrating Ethena’s sUSDe synthetic dollar as the underlying collateral asset of WLFI’s Aave-based lending and borrowing platform. The development stands out as one of the major reasons behind today’s surge in Ethena’s price.
Bitcoin is losing blood: What awaits the crypto market?
Bitcoin, which fell after Fed Chairman Jerome Powell's press conference, caused a large amount of money to exit the crypto market. Despite the Fed's interest rate cuts, the #Bitcoin ($BTC ) price fell to $98,500 due to Powell's hawkish statements. With BTC losing nearly 6 percent, it was seen that many altcoins fell to potential support levels. According to Coinglass data, $750 million was deleted from the crypto market after this sudden loss of value. Mainly long (bullish) positions were liquidated. Crypto analyst Michael van de Poppe stated that BTC's rise may have ended. Addressing his followers via X, Poppe suggested that BTC could fall to $92,000. According to the analyst, although BTC entered the consolidation phase, it created a potential bearish divergence. Poppe, who stated that the declines did not cause anxiety, said that the next stage was to accumulate altcoins at appropriate levels. Rekt Capital, on the other hand, stated that BTC's bounce from the $ 98,500 support was not enough. According to Rekt, the declines will continue as long as the BTC price cannot hold above $ 100,000. "Losing $ 100,000 could create significant selling pressure that forces the market to decline." Addressing his followers in the morning hours, Mikybull Crypto gave the signal of the altcoin bull. The analyst predicted that the last corrections before the altcoin bull had taken place and that major increases would begin soon. Mikybull used the following statements: "You better get ready for the upcoming altcoin season. It will be huge!" According to CoinGecko data, the total value of the crypto market decreased by 4.9 percent in the last 24 hours and fell to $ 3.688 billion. While $BTC dominance increased to 55 percent, $ETH dominance decreased to 12 percent.