#Tusdt TARGET GIVEN : - 30% 💥💥 Has a potential of rid | Mr_Tycoon23 on Binance Square

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Bullish

#Tusdt  
TARGET GIVEN : - 30% 💥💥
Has a potential of  riding another shot of 60% with up and down 👀🌊
We're eyeing that neckline and resistance level like hawks.👀👀
$TUSD 

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BlackRock on Bitcoin: 2% allocation reasonable for portfolios BlackRock has recommended a Bitcoin allocation size for the first time, likening the digital asset According to a new BlackRock report, allocating 1-2% of a multi-asset portfolio to Bitcoin Bitcoin btc -0.65% Bitcoin represents a “reasonable range,” as spot BTC exchange-traded funds have amassed $113 billion in assets under management. The $11.5 trillion asset manager envisions an ideal portfolio split 60-40 between stocks and bonds. BlackRock suggests padding the stock segment with Alphabet (Google), Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla—referred to as the Magnificent 7—while maintaining the same risk weight as a 2% BTC allocation. “Why not more? Going beyond that would sharply increase Bitcoin’s share of the overall portfolio risk,” per the world’s largest wealth manager and spot BTC ETF issuer. This marks the first time BlackRock has explicitly specified how much investors should allocate to BTC. Bloomberg’s Eric Balchunas noted that the report likely addresses frequent “how much?” inquiries. As of December 12, BlackRock’s IBIT dominated the spot BTC ETF market, managing $53.8 billion in investments. $BTC #BitcoinKeyZone

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*Here's the latest analysis update for REIUSDT:* Current Price and Trend The current price of REIUSDT stands at $0.04289, which is a crucial level for determining the short-term trend.¹ If the price fails to maintain this level, the next support zone to watch is at $0.0380. Technical Indicators The MACD is hovering near the zero line, indicating a balance between buying and selling pressures. The RSI is positioned at around 48, which is neutral, suggesting there's room for upward or downward movement. Resistance and Support Levels Resistance levels are identified at $0.04700 and $0.05666, while support levels are at $0.0380 and $0.04289. Monitoring these levels can help traders and investors anticipate potential price movements. Breakout Possibilities A breakout above the resistance level with increased volume could be a signal to consider a long position, aiming for the next resistance levels. Conversely, a breakdown below the green support line might indicate a shift to bearish sentiment. Caution and Disclaimer Please keep in mind that this analysis is not financial advice, and you should always do your own research before making investment decisions. $REI #BTCReclaims101K

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Chainlink price hits 3-year high as open interest spikes to all-time high Chainlink is among top gainers on Dec. 12 as its price breaks to its highest level in nearly three years, with this coming as futures open interest spiked to an all-time high. Data from on-chain and financial metrics provider Glassnode revealed that Chainlink Chainlink link 0.81% Chainlink futures open interest reached $770.27 million as LINK hit its highest levels in almost two years. OI, a measure of market activity, provides insights into investor sentiment, which appears bullish in this case. Glassnode’s data from December 11 highlighted that Chainlink’s OI was nearly three times that of Toncoin (TON) and twice that of TRON (TRX). Specifically, TON and TRX futures open interest stood at $259 million and $356 million, respectively. On Dec. 12, LINK’s price soared to $29.45, continuing its upward momentum after reaching levels last seen in January 2022. This is despite the latest profit taking in the spot market. Analysts say the selling largely came from speculative traders. As speculators pushed profit taking to its highest level since February, “long-term holders stayed mostly quiet.” As of the time of writing, Chainlink had gained 13% on the day and was up 97% over the past week and 30 days, respectively. $LINK #BitcoinKeyZone

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Cardano Price Successfully Retests Its Important Support Level! The ADA price has added 7.26% to its portfolio in 24 hours with a trading volume of $2.279 billion, a change of -10.89%. Despite recording a correction of 5.61% over the last seven days, this altcoin has surged over 100% in 30 days. The Relative Strength Index (RSI) has successfully retested its neutral point and has recorded a sharp rise toward the overbought range in the daily time frame. Furthermore, the average trendline trades around the upper limit, highlighting a strong bullish price action. On the other hand, the Moving Average Convergence Divergence (MACD) shows a rising red histogram in the Cardano price chart. With its averages recording a significant downtrend, this altcoin hints at a mixed-price sentiment this week. $ADA #MarketMajorComeback

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Sui price triggered a huge upswing in the past couple of days, which helped the token form a new ATH at $4.86 Besides, the platform is working to offer real-world use cases with SUI as the medium of exchange, which is expected to have a massive impact on its price. Since the markets recovered after gaining some momentum in recent days, altcoins have gained significant traction. In the meantime, the SUI price attracted a huge buying volume as the trading volume surged by above $3.6 billion. As a result, the price led an impressive 35% rise since the last trading day and smashed a new ATH at $4.86. After achieving fresh highs, the token does not appear to halt its rising trend, as the bulls are eyeing much higher targets well above $5 or $6. $SUI #BTCReclaims101K

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