This coin has the potential to surprise because of the strong support from well-known venture capitalists and reputable market makers, but it seems too hot to continue growing without a correction. The bearish crossover of the MACD EMA actually indicates that the correction has already started. Additionally, there is a notable bearish divergence in the RSI, which supports the idea of a pullback. Furthermore, a lot of investors may now start to lose faith in SUI after being enticed by its enormous pump. A chain reaction of selling pressure might occur if SUI falls below the crucial support level: The liquidation of leverage positions. Orders for stop-loss were initiated. I predict a significant correction that may push the price down to $2 based on these indications. Important benchmarks to monitor: If SUI falls below $3.20, there's #sui
$EIGEN gen Layer Price Prediction 2024 and 2025 🪙 In December 2024 Eigen Layer is Predicted to finish the year by changing hands in a trading channel between $3.98 and $5.92.
This would entail that the price of EIGEN increased by 23.46% in comparison to today's price ( assuming December's average price of $5.1)
In Next Year $EIGEN increased in 2025 $5.12 and $17.86 on average , EIGEN is expected to change hands at $10.34 during the year. The most bullish month for EIGEN could be January ,,,, when the Currency is anticipated to trade 345.16% higher than today.
Predicting the exact next move of Bitcoin (BTC) is impossible, as its price is influenced by a multitude of factors, including: * Macroeconomic conditions: Interest rates, inflation, and global economic growth all play a significant role. * Regulatory environment: Government regulations and policies regarding cryptocurrencies can impact investor sentiment and trading activity. * Market sentiment: Fear, greed, and overall market confidence can drive short-term price fluctuations. * Technological developments: Advancements in blockchain technology and Bitcoin's adoption can influence its long-term value. * Supply and demand: The limited supply of Bitcoin and changes in investor demand can affect its price. However, here are some potential scenarios for Bitcoin's next move: * Continued growth: If positive macroeconomic conditions persist, regulatory clarity improves, and institutional adoption increases, Bitcoin could continue its upward trajectory. Some analysts predict it could reach $250,000 or more by 2025. * Consolidation and sideways movement: Bitcoin might consolidate around its current price level or move sideways in a range, as investors await further developments and clarity on key factors. * Correction or decline: If negative macroeconomic news emerges, regulatory headwinds intensify, or market sentiment turns bearish, Bitcoin could experience a correction or decline. It's important to note that these are just potential scenarios, and the actual outcome could be different.