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Current Trend and Price PNUTUSDT is currently trading at $1.0529, with a 5.11% decrease in the last 24 hours and a 32.99% drop in the last week ¹ ². Despite this decline, the market shows potential signs of a rebound.
Technical Analysis A descending triangle pattern is forming, with a descending trendline acting as resistance. This pattern often signals the potential for a breakout when accompanied by strong volume ³. The price is getting squeezed between the descending trendline and the support zone, which typically precedes a breakout.
Trade Ideas Based on technical factors, there is a Buy position in PNUTUSDT. Consider buying around $0.740000, with targets at $2.500000, $4.000000, and $6.500000. However, be cautious and set proper stop-loss orders.
Market Sentiment The overall market sentiment for PNUTUSDT is bullish, with some analysts predicting a potential breakout above the resistance level.
🎯 What’s Next for PNUT/USDT?
Based on the technical indicators and patterns, the next move could be pivotal. Here’s the potential scenario:
Bullish Case:
If the price breaks above the descending trendline with strong volume, it could target higher resistance levels around $2.50 or even $3.00.
A confirmed breakout would signal renewed bullish momentum, making this an excellent entry point for traders.
Bearish Case:
If the support zone around $0.8568 fails, the price might see a further correction towards lower levels, such as $0.50.
This would invalidate the bullish setup and call for caution.
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📊 Why This Setup Matters
1️⃣ Risk-Reward Opportunity:
For traders, this setup offers an excellent risk-to-reward ratio. Placing stop-losses below the support zone minimizes potential losses while allowing for significant upside if the breakout occurs.
2️⃣ Market Sentiment:
PNUT has been gaining attention due to its previous price action, and another breakout could attract more interest, driving momentum.
*Bitcoin News: BTC Nears One Million Daily Active Addresses as $100K Milestone Approaches*
Bitcoin's (BTC) network activity is surging, with nearly one million daily active addresses recorded for the first time since 2019. This growing adoption marks a promising sign for Bitcoin’s (BTC) price movement as it inches closer to the historic $100,000 milestone, which it narrowly missed by $200 on November 22. Analysts believe the rise in active addresses reflects increasing retail investor participation, potentially stabilizing Bitcoin’s price trajectory.
Bitcoin Network Activity Hits New Highs On-chain analytics platform IntoTheBlock noted on November 26 that Bitcoin’s daily active addresses are nearing one million—a level last seen in 2019. This surge highlights a shift toward broader retail adoption, a key factor in Bitcoin's resilience and future price performance.
Price Correction and Market Sentiment Despite the uptick in network activity, Bitcoin (BTC) experienced a 6% price correction to $92,400 on November 26. According to Bloomberg analyst Eric Balchunas, this was driven by long-term holder sell-offs rather than outflows from U.S.-based spot Bitcoin exchange-traded funds (ETFs).
Can Active Users Drive Bitcoin to $100K? Bitcoin’s (BTC) price resurgence is strongly linked to its growing user base. According to IntoTheBlock, over 458,000 investors acquired 344,000 BTC at a price above $96,700, forming a solid foundation for Bitcoin’s next rally.
Market Dynamics Favor Bitcoin’s Growth The broader market sentiment has remained bullish. Last week, Bitcoin ETFs logged $2.4 billion in inflows, their fourth-best week since launch. Simultaneously, economic concerns drove $2 billion worth of outflows from China ETFs, signalling a growing shift in investor focuses toward Bitcoin.
"I am analyzing the potential price movement of SYN/USDT. Based on recent trends and indicators, I see a potential upward trajectory. My target price (TP) is set at 1.87, which aligns with key resistance levels. I will continue monitoring market conditions to adjust the target if needed." STRONG BUY !!!
Current Trend and Price SYNUSDT is currently trading at $0.3836, with a potential breakout above the resistance zone at $0.4111 ¹. The overall trend is bullish, with a clear accumulation zone forming between $0.2600 and $0.5500 ¹.
Key Levels to Watch - Support Areas: $0.3400, $0.2943, and $0.2872 ¹ - Resistance Levels: $0.4111, $0.5000, $0.6000, and $0.9500 ¹
Trade Ideas - Long Position: Consider buying SYNUSDT around $0.3836-$0.4111, targeting $0.6000-$0.9500 ¹ - Short Position: Avoid shorting due to the strong bullish momentum ¹
Market Sentiment The overall market sentiment for SYNUSDT is bullish, with some analysts predicting a potential breakout above the resistance level.
Keep in mind that the cryptocurrency market is highly volatile, and value can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions.
According to Blockworks, Bitcoin's price volatility is a well-known characteristic, often leading to significant corrections even during bull markets. Historically, Bitcoin has experienced substantial drawdowns, with prices dropping by about 80% from peak to trough in bear markets. However, this article focuses on the corrections that occur during bull markets, which are currently being observed.
In past bull markets, such as the one from August 2015 to December 2017, Bitcoin did not experience drawdowns of 50% or more. The largest correction during that period was a 40% retracement over two weeks in September 2017. In contrast, the bull market between 2018 and 2021 saw three corrections of more than 50%, including the significant market crash in March 2020, coinciding with global financial turmoil. During this crash, Bitcoin's price halved across most timeframes, except for a three-month period where it dropped by 47%.
Other notable drawdowns occurred in May and July 2021, when Bitcoin's price fell from over $60,000 to $30,000, before recovering to nearly $69,000 over the following months. The current bull market has been relatively calmer, with the most significant correction occurring in early August, when Bitcoin's price fell by 30% across various timeframes, dropping to $49,200 from over $70,000 in June.
Despite these fluctuations, Bitcoin's inherent volatility remains a constant factor. Historically, the most severe drawdowns have occurred towards the end of bull markets, suggesting that the longer the market goes without a major correction, the more likely it becomes. This pattern adds an element of unpredictability to Bitcoin's price movements, keeping investors on edge.
Current Trend and Price EIGENUSDT is currently trading at $3.582 after a recent drop of -8.62% ¹. Despite this decline, the market shows potential signs of a rebound.
Technical Indicators The Moving Averages on a daily time frame show a downward trend with the current price below MA(7) at $3.626 and MA(25) at $3.898 ¹. The MACD indicator is trending below the baseline, signaling bearish momentum.
Price Targets to Watch 1. First Target: $3.80 - EIGEN needs to break past the MA(7) resistance to move higher. 2. Second Target: $4.00 - A significant psychological and technical level. 3. Third Target: $4.20 - Near the recent highs, if the momentum shifts back to bullish.
Trading Strategy Traders should watch for any bullish reversal patterns near the current levels as an entry point, keeping an eye on the volume for confirmation of trend strength.
However, consider setting stop-loss orders below the recent low at $3.462 to manage risk.
Keep in mind that the cryptocurrency market is highly volatile, and value can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions.
rice has declined by more than 6.7% over the last four days after rallying to all-time highs above $99,800 on Nov. 22.
This drop has led to questions on whether this level is the local top for BTC price and, if so, how low can Bitcoin go over the next few days.
Bitcoin’s latest correction has led market analysts to believe that the price might retest areas below $90,000 before resuming the uptrend toward the “sweet” $100,000 level.
“Bitcoin just did a sneaky dip below the trendline, tickling the 93k support,” said Bitcoin analyst AlphaBTC in a Nov. 26 post on X.
Bitcoin price could retest the Nov. 12 low above $85,000 before resuming its quest for $100,000, the analyst said.
However, the chart below also shows a possibility of a deeper drop toward $80,000 if the support at $85,000 is broken.
Nevertheless, AlphaBTC is still optimistic about Bitcoin reaching $100,000 over the next few days.
20-day EMA will be a test for Bitcoin From a technical point of view, Bitcoin’s price currently trades above the support zone between $90,000 and $92,000.
Losing this support could cause the BTC price to collect demand-side liquidity down toward the 20-day exponential moving average, currently at $89,360.
In the weekly chart, the AAVE token is showcasing a rounding bottom reversal. The reversal rally has surpassed the 23.60% Fibonacci level at $165.80.
Currently, AAVE is trading at $179.86, with a 4.94% jump this week. The bullish trend continuation has resulted in a positive crossover between the 50-week and 100-week EMA lines.
As the rounding bottom reversal gains momentum, the upside price targets are situated at $234 and $290. These price targets are derived from the 38.20% and 50% Fibonacci levels, respectively.
Furthermore, the uptrend has crossed above the 200-week EMA line, increasing the chances of a bullish continuation. However, the immediate resistance still remains near the $200 psychological mark.
The CoW Protocol mission is to make markets both more efficient and fair by building the ultimate batch auction settlement layer. As we are offering users best prices, we are aiming to become the foundational liquidity hub for trading digital assets.
Master CoW’s dream has always been to give back to the community that made this project special, this is why the vCOW token is conceptualized as a governance token. CoW Protocol now becomes a cowmunity owned project via the CowDAO. The token & CowDAO aim to ensure that the protocol isn’t captured by rent seekers, and that it stays neutral to the core players of the system, the traders.
What is the purpose of the vCOW token? CowDAO believes in creating a global trading ecosystem of the people, by the people, for the people, that shall not perish under any threats. The crypto dream has never been about creating an instrument that can easily be put in a box, but about creating global assets that can govern and manage these new decentralized global networks.
This is why the vCOW token is conceived and launched as a governance token, and it’s non-transferable at first. That’s right, when you claim the airdrop, you will receive a token that cannot be transferred out of your wallet.
This is not an error, but an intended practice, as airdropping a governance token at first is essential for the ecosystem to build the right forces to form around it. Once the token is in your wallet, the vCOW token will entitle its holders with voting rights in the CowDAO. It is up to CowDAO members to vote on whether the token should be made transferable or not.
Current Trend and Price DODO/USDT is currently trading around $0.1433, with a potential breakout above the resistance level. The overall trend is bullish, with a clear accumulation zone forming between $0.0713 and $0.0915.
Key Levels to Watch - Support Areas: $0.0713 to $0.0915 - Resistance Levels: $0.1450, $0.2461, $0.2805, and $0.3105
Trade Ideas - Long Position: Consider buying DODO/USDT around $0.0713-$0.0915, targeting $0.2461-$0.3105 - Short Position: Avoid shorting due to the strong bullish momentum
Market Sentiment The overall market sentiment for DODO/USDT is bullish, with some analysts predicting a potential breakout above the resistance level.
Keep in mind that the cryptocurrency market is highly volatile, and TIA/USDT's value can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions.
Amid increased volatility in the crypto space, the Chainlink price has maintained its bullish run by adding 11.72% to its portfolio in 24 hours with a trading volume of $1.24 billion. Moreover, with a bullish breakout, it has retested its April high today.
The EMA 50/200-day has experienced a Golden Cross in the Chainlink price chart. This highlights an increase in the buying pressure for this Ethereum-based altcoin in the crypto market.
The Moving Average Convergence Divergence (MACD) shows a constant rise in the green histogram, with its averages showing a similar price action. This suggests that the Chainlink price may continue gaining value this week.
*How High Will Chainlink Price Go?*
Maintaining its bullish sentiment could push the LINK price toward its resistance level of $20. Furthermore, if the bulls dominate the crypto space, this could push this altcoin toward its upper resistance level of $23 during the upcoming time.
In contrast, if a bearish reversal happens, the Chainlink price could retest its support level of $17. Moreover, if the bears outrun the bulls, this could pull the price toward its lower support level of $14 this year.
The current price of Litecoin / TetherUS (LTC) is 96.85 USDT — it has fallen −3.19% in the past 24 hours LTC/USDT is currently in a strong uptrend but facing critical resistance at 106.97. The breakout or rejection at this level will determine the next major move. Traders should monitor volume and MACD signals closely to gauge the strength of the current momentum.
Chart Observations Support Zone:
The breakout level near 85.00 is acting as a new support zone. A pullback to this area may attract buyers, considering its historical significance.
Below that, the 200 MA at 77.00 provides a critical support level for mid-term corrections.
Resistance Zone:
The price is testing a key resistance level at 106.97, which aligns with the previous peak in April 2024.
A clear breakout above this resistance may open the path to 120.00, the next psychological level.
Price Pattern:
The price has broken out of a long-term consolidation range (highlighted in the second chart) and is currently retesting the upper boundary of this range.
A failure to maintain momentum above 95.00 may signal a short-term retracement.
Current Price: LISTA is currently trading at $0.40.
Breakout Potential: A breakout looks imminent, with a potential 5x increase as per the HTF chart analysis.
Resistance and Support Levels: Keep an eye on historical resistance and support levels, although no specific levels have been mentioned in recent updates.
Technical Analysis: The overall technical analysis gauge displays a neutral signal, with some indicators showing buy and others showing sell signals.
Trade Ideas:
- Long Position: Consider entering around $0.35, targeting $0.50-$0.60. - Short Position: Avoid due to potential breakout.
Risk Management:
- Set stop-loss at 5-10% below entry. - Take profit at 10-15% above entry .
Key Levels:
- Support Areas: $0.30, $0.32, and $0.35 - Resistance Levels: $0.45, $0.50, and $0.60
Trade Ideas:
- Long Position: Consider buying LISTAUSDT around $0.40-$0.42, targeting $0.50-$0.60 - Short Position: Avoid due to potential breakout
Market Sentiment: The overall market sentiment for LISTAUSDT is bullish, with some analysts predicting a potential breakout above the resistance level at $0.60.
Keep in mind that the cryptocurrency market is highly volatile, and TIA/USDT's value can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions.
With a descending trendline breakout, the Cardano price shows a high momentum rally. The bull run has increased the market value of Cardano by 235% from $0.32 to the current market price of $1.08.
This massive bull run increases the possibility of a new all-time high above $3.0098.
Based on the Fibonacci levels, the uptrend is now challenging the 61.80% Fibonacci level. A breakout rlly could reach the $1.6997.
On the flip side, a potential weakness of the $0.85 mark is possible. Thus, the average price is likely to remain at $0.92.
Assuming that Cardano continues to focus on the upcoming updates of the network, we can expect a wider adoption rate of Cardano.
Moreover, with the upcoming bull run propelled and fueled by Bitcoin halving in 2024, followed by a new altcoin season, Cardano is all set to create unprecedented new heights.
n the last four hours, open interest in Cardano (ADA) has surged by over 6.49%. This significant increase comes despite a slight pullback from its recent high of $0.9281. This suggests that investors remain optimistic about the future of the project.
Cardano, the 9th largest cryptocurrency by market cap has been on a bullish run, along with the rest of the market. Nevertheless, the digital asset has attracted significant attention due to its meteoric surge.
otably, the digital asset currently trading at $1.04 has recorded a 36.92% surge in the past week. Additionally, ADA has increased by more than 200% in the past month.
In the daily chart, the LTC price trend shows a post-retest reversal gaining momentum. The broader price action of Litecoin shows a bullish breakout of a rising channel pattern, retesting the broken resistance trendline.
Along with the resistance trendline, the downfall also retested the 50% Fibonacci level at $82.57. However, the overnight surge of 7.40%, resulting in a bullish engulfing candle, highlights a quick reversal.
Currently, Litecoin is trading at $90.70 with an intraday gain of 1.18%. This prolongs the overnight rally and breaks above the 61.80% Fibonacci level at $88.84.
As the post-retest rally gains momentum, the bullish anticipation for a price jump above the $100 psychological mark increases.
The growing bullish demand has led to a golden crossover and is now resulting in a bullish crossover within the 100-day and 200-day AMA line. Supporting the bullish trend, the MACD and signal indicators avoid a bearish crossover and refuel the bullish momentum. Hence, technical indicators maintain a positive sign for Litecoin.
The price targets for the breakout rally are $109 and $123. Thus, the ongoing recovery rally shows massive potential for a new 52-week high. The ongoing recovery also teases a rounding momentum reversal with a neckline at the $109 mark. Hence, this level breakout will set Litecoin to explode in 2025. Currently, the crucial support levels for Litecoin are at $82 and $76.
Cardano’s price smashes new yearly highs at $0.92 for the first time since April 2022. Then the price continued to drain as the markets were stuck within a rising bear market, but now they are at the foothill of a huge bull run.
Now that the tokens are heading towards their psychological barrier, market participants are looking at $100K for Bitcoin, $265 for Solana, $100 for Litecoin and $1 for the ADA price rally.
After reaching the levels above $0.92, the bulls are expected to push the prices harder towards the interim milestone. However, they are expected to test some crucial resistance, which may be considered a strong barrier, before hitting $1. The token has not visited this range in the past 30 months and it’s quite obvious that the traders stuck at this range may intensify their activity. Previously, the barrier was around $0.8, which was held for nearly a week and now it has shifted to $0.95.
Hence, reaching the interim milestone at $1 could be delayed for a while, probably in the first few days of December, if the current trade plays out well.
Ripple Labs, the company behind XRP, is eyeing a new era of possibilities following Donald Trump’s recent presidential victory. Ripple CEO Brad Garlinghouse expressed optimism about the potential shift in U.S. cryptocurrency regulations under the new administration.
XRP skyrockets 188%, reaching $1.449 from $0.5031 in just two weeks under trumps victory.
Raoul Pal reveals he holds XRP tokens bought during 2020's legal battles.
Pal’s strategy focuses on XRP’s future growth potential, despite past underperformance.
Garlinghouse highlighted the inefficiencies in current cross-border payment systems, calling them “slow and expensive.” He believes Ripple’s blockchain-powered solutions, using XRP, could transform these outdated systems, offering faster and cheaper alternatives.
This strategic focus could position Ripple as a leader in financial innovation both in the U.S. and globally.
XRP’s Price Soars Over 188% XRP’s price performance has been extraordinary. Since Trump’s victory, the token has surged by an impressive 188%, rising from $0.5031 to $1.449 in just two weeks. This surge marks XRP’s highest price since September 2021, sparking investor interest.
As of now, XRP is trading at $1.48, solidifying its position as the sixth-largest cryptocurrency. However, it remains 130% below its all-time high of $3.317, set in January 2018
Bitcoin Surges to $98,000: A New Era for Cryptocurrency?
In a stunning turn of events, Bitcoin (BTC) has broken through the $98,000 barrier, leaving investors and analysts alike in awe. This monumental milestone marks a significant turning point in the cryptocurrency's history, sparking widespread excitement and speculation about what's to come. The Journey to $98,000 Current Trend: The overall trend for BTCUSDT is strongly bullish, with a clear breakout above the previous high ¹. The price is currently trading around $75,740 USDT. Key Support Zones: