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SOL Price Crosses $245! Will the Momentum Continue? The Solana ecosystem is showing strong performance with high transaction activity. Based on the latest data from DefiLlama, five of the ten protocols with the highest earnings in the last 24 hours came from the Solana network. This shows that the Solana ecosystem remains a center of innovation and market interest. Raydium, a Solana-based automated market maker (AMM) protocol, recorded daily revenue of $11.31 million on November 17, 2024, setting a new record. Liquid staking protocol Jito generated $9.87 million, while pump.fun, a memecoin launch platform, posted $1.65 million in revenue in a single day. Additionally, Photon, a trading bot that also features a Telegram bot for Solana memecoin-related transactions and information, earned $2.36 million, reflecting growing interest in the sector. Memecoins such as Peanut ($PNUT ) and Dogwifhat ($WIF ) are the main drivers of this activity. PNUT, for example, saw its value increase by 2700% in the last two weeks, with a market capitalization of $2.4 billion. Meanwhile, newly listed WIF on Coinbase pushed its price to $4.19, the highest in the last six months. This increased memecoin activity adds to Solana's attractiveness in the eyes of investors. $SOL price is currently above $245, approaching its record high of $259 in 2021. Technically, the long-term chart shows a cup and handle formation, a pattern that is usually a positive signal for future price movements. #BullRun2024 #CryptoExplorerFiesta #AltSeason
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Don’t Miss Tron and Litecoin’s Rise: Post-Trump Crypto Hype Points to New Peaks Litecoin $LTC Shows Bullish Momentum with Potential Upside to $112 Resistance Recent market movements suggest that bulls are driving Litecoin’s price. Over the past week, Litecoin has gained 11.53%, and in the past month, it has increased by 15.33%. The current price range is between $73.24 and $99.82. If the price continues to rise, it could reach the nearest resistance level at $112, which is about 32% higher than $85. From there, it might aim for the second resistance level at $139, offering a potential increase of around 64% from $85. The recent upward trend indicates potential growth. These factors suggest a favorable setup for Litecoin. TRON Nears Oversold Territory; Bulls Aim for Break Above $0.23 TRON ($TRX ) is trading between $0.17 and $0.22, with both the 10-day and 100-day Simple Moving Averages at $0.20, showing stability. The Relative Strength Index is 34.02, and the Stochastic is 34.76, suggesting TRON may be approaching oversold conditions. With the nearest resistance at $0.23, a break above could see TRX target the next resistance at $0.27, a potential gain of over 20%. Over the past month, TRON’s price has increased by 25.41%, and by 70.29% over six months. The MACD level is close to zero at -0.0012, indicating possible bullish momentum. The current market setup may present an opportunity for interested investors.
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How high can Pepe Coin price climb in 2024? Pepe Coin price staged a recovery while bullish momentum signals potential gains ahead Pepe (PEPE), the third-largest meme coin, has seen a significant recovery, rising to $0.000021 on Tuesday, its highest level since Nov. 18 and marking a 260% increase from last year’s low. The surge coincides with Bitcoin (BTC) nearing the crucial $100,000 resistance level, driving a wave of fear of missing out among crypto investors as the fear and greed index climbs to 85. On-chain data reveals continued buying activity from Pepe whales. One whale reportedly moved $2.3 million worth of PEPE from Binance to a private wallet. Data from Llama Feed shows that whales purchased over $10 million worth of PEPE on Thursday, Nov. 21. Trading volume for PEPE has also spiked, with a 24-hour volume of over $5 billion, making it the second-most traded meme coin after Dogecoin, which recorded $10.2 billion in daily volume. In this case, the coin will likely rise and reach this month’s high of $0.000025, which is about 23% above the current level. A break above that level will invalidate the double-top pattern and point to more gains. By measuring the distance between the cup’s upper and lower boundaries, technical projections estimate a potential price of $0.000045, representing an increase of approximately 110% from current levels. Conversely, a drop below the $0.000016 support would invalidate the bullish outlook. #MemecoinWatch2024 #CryptoExplorerFiesta #Bullruns
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The price of Bitcoin (BTC) recorded an all-time high (ATH) reaching US$ 98 thousand. Would $100 be reached today?
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