Based on data from December 2, 2024, several coins on Binance are forecasted to have potential price increases based on technical analysis and price behavior trends:
1. Bitcoin (BTC): BTC maintains a slight upward trend, currently trading at $97,304, supported by the recent approval of a spot Bitcoin ETF and continued growth from institutional investors.
2. NEAR Protocol (NEAR): With the expansion of its ecosystem and new partnerships, NEAR is attracting attention and is predicted to grow well in the near future.
3. Shiba Inu (SHIB): This memecoin continues to attract interest due to improvements in blockchain infrastructure and coin burn strategies, despite high volatility.
4. Layer 2 projects (such as Polygon, Optimism): Layer 2 scaling solutions continue to be adopted, due to their ability to reduce transaction costs and increase processing speeds, supporting price increases amid rising blockchain usage demand.
5. Memecoins: This coin category continues to attract a large number of investors seeking high profits despite high risks, exemplified by Dogecoin (DOGE) and Pepe (PEPE).
Recommendations:
• Closely monitor technical indicators such as trading volume, candlestick patterns, and support/resistance levels.
• Combine fundamental research and market developments to make appropriate investment decisions.
• Avoid FOMO, and always clearly define risk management strategies.
