#SHIB & BONE – Top Gainers Ahead of #Shibarium Release #Shi | Cryptos Headlines on Binance Square

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#SHIB & BONE – Top Gainers Ahead of #Shibarium Release#ShibaInu  #SHIB  #Shibarium $SHIB 

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Dogecoin rally to $0.50 imminent after DOGE’s ‘overbought’ conditions cool down Dogecoin’s next possible stop is $0.50 and above. Especially if a historical price fractal fails to play out. After a 208% breakout in early November, Dogecoin DOGE $0.3981 has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE’s recent price correction led to a breakout below an ascending trendline, indicating a potential bearish trend shift. However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and repetitive setup from March 2024. Dogecoin uptrend could happen “any time” Despite a 16% decline this week, Trader Tardigrade, a crypto pattern analyst, pointed out that Dogecoin’s strong overbought signal of the daily RSI has been reset. An overbought condition on the relative strength index (RSI) indicates the possibility of traders selling the crypto asset, which can cause a short-term decline in value. Previously, when the RSI’s overbought condition “eased back” to 50 in March 2024, a strong uptrend was observed on its daily chart. Based on the chart, the analyst hinted that a breakout above $0.50 over the next few days could happen “at any time.” Data from Santiment, a data analytics platform, also mentioned that DOGE’s “mean dollar invested age” is flashing a bullish signal. The mean age of investment is down 31% in eight weeks for the crypto asset, indicating that dormant coins are returning to circulation. With respect to bullish momentum, the platform mentioned in an X post, “The 2017 and 2021 bull markets similarly did not come to a halt until assets' mean ages started going "up" (getting older) again.” DOGE could see a liquidity swipe between $0.32 to $0.34 While the long-term trend remains bullish, Dogecoin can drop to collect liquidity between $0.32 and $0.34 before exhibiting a higher high value. #DOGE #memecoin #cryptomarket #CryptoNews

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Dogecoin rally to $0.50 imminent after DOGE’s ‘overbought’ conditions cool down

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Tom Lee Reiterates Bitcoin's $250,000 Target For 2025, Says New White House Is 'Embracing' Digital Assets: 'We Have A Trump Put' Prominent financial market commentator Tom Lee doubled down on his $250,000 price target for Bitcoin 4.00% in 2025 on Wednesday, thanks to a friendlier White House. Lee, managing partner and head of research at Fundstrat Global Advisors, stated in a CNBC interview that the leading cryptocurrency faced numerous regulatory pressures in the last few years, but the new White House is "embracing" digital assets. "A new SEC Chair, a new FTC Chair, a new commerce secretary—I think these are being viewed as pro-business reviving animal spirits, but I think a good proxy is watching Bitcoin," Lee said. When asked about Bitcoin’s price target in 2025, the analyst replied that it would follow the halving cycle, implying a level somewhere around $250,000. "On top of that, we have a Trump put because Bitcoin is potentially a strategic reserve asset for the U.S.," Lee said. Lee's latest remark reiterated his earlier projections of the marquee digital asset hitting $250,000 by 2025-end. He also accurately called Bitcoin's breach above $100,000 last week. As the leading cryptocurrency eventually hit the historic milestone, Lee said it could be a precursor to a bullish stock market, setting a target of 6,300 for the S&P 500 by year-end. Price Action: At the time of writing, Bitcoin was exchanging hands at $101,029.29, up 4% in the last 24 hours. #bitcoin100k #btc250000k #Predictionexpert #cryptomarket #CryptoNews

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Tom Lee Reiterates Bitcoin's $250,000 Target For 2025, Says New White House Is 'Embracing' Digital A

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Trump’s Crypto Project WLFI Acquires $10 Million in ETH Alongside LINK and AAVE Purchases On December 12, Lookonchain monitoring that a significant transaction has occurred involving the multi-signature address of Trump’s crypto project WLFI. Over the span of just nine hours, this address has amassed a substantial crypto portfolio, acquiring $10 million in ETH (Ethereum), in addition to $1 million in LINK (Chainlink) and $1 million in AAVE (Aave) within a 24-hour timeframe. These purchases highlight the escalating interest in decentralized finance and the strategic investment decisions being made in the cryptocurrency market. As the industry continues to evolve, monitoring such transactions can provide valuable insights into market dynamics and the growing influence of prominent entities like WLFI on digital asset trends. #LINK #AAVE #Trump #Altcoins #CryptoNews

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