NEAR broke out of the bullish flag on weekly timeframe Looking for the key zone to get smashed and further rally 1 Target - 13.7$ 2 Target - 20.3$ 3 Target - 24.5$
The price is moving in a triangle and the compression of the price can be seen completely. We expect that if the price wants to take an upward trend, it will correct a little to the range of 0.3280-0.3604 and then move towards the downward trend line and break it and become a strong rally. continue to rise. But if our support limit doesn't work and the price can lose it, we can see the price fall further.
The price has not yet exited its descending triangle, while it is close to its descending trendline and is returning from there. We consider this reversal for the pullback. And we expect the price to correct to the range of 14.116-16.020 and after reaching this range, if it confirms, we can prepare for a strong upward trend.
Bitwise registers Solana ETF fund in Delaware, USA
Digital asset management firm Bitwise has registered a regulated trust for a Solana ETF in Delaware, indicating that they may soon file an S-1 registration with the U.S. securities regulator. Bitwise's Solana ETF was established on November 20, according to information from the Delaware Division of Corporations. The designated registered agent is CSC Delaware Trust Company, based in Wilmington, Delaware.
The analysis only helps you get the trend when there are milestones I set for you to react, I am not urging you to buy, in fact, those who have followed me for a long time, I have gradually shared from November 17th already 😅😅
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quoc_hoang
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I don't know if this year is different from other years, but according to history, from this time until Thanksgiving (November 28), the market will recover after October and November increased.
For those who are new to the market, if DCA (average price) can get in, it must also be DCA out. If there is profit, divide it into small parts and gradually withdraw it at each milestone to preserve the profit. When it recovers, use that money to buy.
-NO MARKET IS UP FOREVER -THIS IS NOT A PLAYGROUND BUT A BATTLEFIELD -MONEY DOES NOT CREATE BY ITSELF, NEW PEOPLE ENTER, OLD PEOPLE SELL TO TAKE PROFIT -IF YOU DON'T TAKE PROFIT, SOMEONE ELSE WILL TAKE YOUR PROFIT AND WAIT FOR THE TIME TO JUMP IN AGAIN
Bitcoin reached a new ATH just above $95,000 and has maintained around that level this morning, after Donald Trump is considering whether to establish a new position at the White House focused on crypto policy. The leading asset has surged strongly over the past two weeks, with the rise primarily fueled by Trump's victory in the 2024 presidential election. BTC has recorded its third consecutive day of gains this week and is currently trading around $94,800.
The meme coin launch platform GraFun on BNB Chain expands to Ethereum
Expanding to Ethereum will help GraFun attract many new user demographics, taking advantage of higher liquidity for meme coin launches, and enhancing the platform's visibility to traders. GraFun, the meme coin launch platform based on BNB Chain, will officially expand to the Ethereum network next Wednesday, according to information shared by the project developers with Bitcoin Magazine.
Arkham Intelligence is launching a spot trading platform in the U.S.
Arkham Intelligence has announced plans to launch a spot trading platform in the U.S., aiming to compete with major players like Coinbase and Kraken. In addition to the announcement on X (formerly Twitter), the company revealed very limited details about the platform. The trading service will operate with location-based restrictions in accordance with local regulations. U.S. users will only have access in states where cryptocurrency trading is legally permitted.
RENDER's price has increased by 48% in the past month, solidifying its position as the largest artificial intelligence coin by market capitalization at $4.1 billion. It is currently leading against its closest competitors, TAO, FET, and WLD, reflecting growing interest in AI-focused assets. However, despite this impressive upward momentum, whale activity has decreased and weakening trend indicators suggest potential challenges ahead. Whether RENDER can maintain its upward trend or face a reversal depends on how market confidence develops in the coming days.
Dogecoin (DOGE) price surged 180% last month but has decreased by 7.03% over the past seven days. As the undisputed leader of meme coins, DOGE boasts a massive market cap of $58 billion, four times larger than its closest competitor, SHIB, at $14.5 billion. Although recent price action has highlighted DOGE's dominance, indicators like Ichimoku Cloud and DMI suggest that its upward momentum may be losing steam. Whether DOGE can maintain its upward trend or face a deeper correction will depend on how the current trend develops in the coming days.
Over 60% of Pump.fun meme coin traders are losing money
Almost 90% of users trading meme coins launched from Pump.fun have lost their investment or made profits under $100. Despite these facts, only successful trades are noticed and create FOMO. Some speculative tokens created through Pump.fun have accumulated millions in market capitalization, but profits have been wiped out by less than 10% of investors.
SUI price has had a remarkable run, recently reaching a new all-time high and increasing nearly 74% in the past month. This increase reflects growing momentum for the asset, driven by increasing adoption and market activity. In addition to price performance, SUI's Total Value Locked (TVL) has also broken records, reaching $1.65 billion before a slight decline. SUI TVL is breaking records
Mike Novogratz: "The crypto market is in a transformative phase"
According to Mike Novogratz, CEO of Galaxy Digital, the crypto market is sending some "warning signs."
Mike Novogratz – CEO of Galaxy Digital The billionaire particularly noted that the funding rate is currently at a very high level. The funding rate is the fee that traders must pay, based on the difference between the spot market and the futures market. A high funding rate typically reflects market optimism. At that point, bulls have to pay a higher fee to maintain their long positions.
Ripple CEO warns that choosing Caroline Stebbins as SEC chair will seriously harm the industry
Brad Garlinghouse, CEO of Ripple, has voiced criticism of considering Caroline Stebbins for the next Chair of the U.S. Securities and Exchange Commission (SEC), warning that this could seriously harm the crypto industry.
Brad Garlinghouse – CEO of Ripple In a post on social media platform X on Monday, Garlinghouse stated: "Among a group of outstanding candidates for the SEC Chair position, considering someone directly involved in the unethical (and potentially illegal) moves of Hinman in classifying winners and losers in the crypto industry is unacceptable. Choosing Stebbins would be like taking us back to the early days of regulation by enforcement."
The bears have thwarted the bulls' attempts to push the price of Avalanche (AVAX) above the resistance line of the ascending channel on November 17.
AVAX/USDT daily chart | Source: TradingView The 20-day EMA ($31.59) is an important support level to watch on the downside. If the price rises from the current level or bounces strongly from the 20-day EMA, it will signal buying strength during pullbacks. At that point, the likelihood of the price breaking through resistance will increase, and the AVAX/USDT pair could surge to $42, followed by $50.
Toncoin (TON) is struggling to bounce from the moving averages, indicating a lack of buying power at higher price levels.
Daily TON/USDT chart | Source: TradingView The bears will try to strengthen their position by pulling the price below the moving averages. If successful, the TON/USDT pair could drop to the support zone of $4.72 to $4.44. Buyers are expected to strongly defend this zone because if the price closes below $4.44, the bearish head and shoulders pattern will be completed, potentially pulling the price down to $3.50.
The price of Shiba Inu (SHIB) is trading above the 20-day EMA ($0.000023), but the bulls have not been able to overcome the barrier of $0.000026. This indicates weakening demand at higher levels.
SHIB/USDT daily chart | Source: TradingView Currently, the price is stuck between the 20-day EMA and $0.000026. The 20-day EMA is trending upwards and the RSI is in the positive zone, giving a slight advantage to the bulls. If the price closes above $0.000026, the SHIB/USDT pair could rise to the resistance level of $0.000029.
The price of Cardano (ADA) surpassed the resistance level of $0.80 on November 20, signaling the continuation of the upward trend.
Daily ADA/USDT chart | Source: TradingView If the price maintains above $0.80, the ADA/USDT pair could surge strongly towards the psychological level of $1. This level could pose a strong obstacle, but if surpassed, the price could continue to climb to $1.25. This positive outlook will become invalid if the price reverses and breaks down below $0.70. This could cause short-term traders to take profits, pulling the price down to the 20-day EMA at $0.58.