December will be the last opportunity for EHT and altcoins to get on board.
1. BTC is oscillating, SOL is cooling down, while yesterday ETH-related blue chips UNI, AAVE, MKR, LINK, and CRV experienced a collective surge; the ETH sector has been a focus in recent weeks.
2. BTC.D is in a continuous decline, which has not happened in over two years, and it will never return to the 61% high from November; this indicates a trend change.
3. The significant rise of ETH in November attracted a lot of follow-up buying; if there is a consolidation in December, this will be the last opportunity to get on board, and it will shock you in January next year.
Prepare for 3 altcoins that could rise more than 10 times in the future!
1. JASMY
JasmyCoin (JASMY) has shown strong upward momentum, as evidenced by its recent chart patterns. The breakout of the bullish triangle flag on the daily chart indicates a potential rebound in the future. Currently, the price has slightly retraced, which is typical after such breakouts as traders lock in profits and the market adjusts.
JASMY's price is $0.031, consolidating near the support area of $0.02403. The Bollinger Bands indicate a decrease in volatility, suggesting accumulation at this level. The next resistance level is at $0.035, which could pave the way for further increases. However, a drop below $0.02072 could trigger bearish pressure, pushing the price down to $0.01600.
The recent listing on Upbit has significantly boosted JASMY's visibility, attracting the attention of numerous traders. Upbit's reputation for high liquidity and user-friendly features has made this listing a milestone for JasmyCoin. Institutional investor interest surged by 180%, exceeding $225 million, while open interest grew by 4.38%, indicating increasing confidence in JASMY's growth potential.
JasmyCoin also stands out for its focus on empowering individuals to control their personal data. Businesses benefit from blockchain-based secure data management solutions. This dual focus makes JasmyCoin a leader in privacy-driven technology, meeting the growing demand for secure systems in the Internet of Things (IoT) space.
2. VET
VeChain (VET) is a leading blockchain network in the field of environmental sustainability and tokenization, making waves. VeChain was launched in 2015 and has been committed to modernizing industries through blockchain technology.
In recent weeks, VeChain's price has surged by 129.82%, reigniting enthusiasm for what was once considered a 'legacy coin.' This impressive performance highlights its resilience and growing relevance in the competitive blockchain space.
Market analysts are optimistic about VeChain's future. Renowned market expert Schofield pointed out that VeChain has broken through a key trend line, and it may rise another 20% in the coming trading days. The current Relative Strength Index (RSI) is 63, indicating strong bullish momentum. Meanwhile, the Fear and Greed Index is at 80, reflecting extreme greed and indicating high investor confidence.
VeChain's price predictions are also encouraging. Leading data aggregator Coincodex predicts that VET could reach $0.1 by March 2025, with a potential return of 293%. For investors, this means that a $1,000 investment today could grow to $2,691 in two years.
In addition to price movements, VeChain is also making a real-world impact. The network's collaboration with Renji Hospital utilizes blockchain solutions to transform the reproductive health field. Meanwhile, VeSwap is expanding opportunities within the Web3 ecosystem. VeChain's strategic partnerships with major companies like Walmart China and BMW highlight its role in enhancing supply chain transparency, particularly in the realm of Real World Assets (RWA).
3. XRP
XRP's price has surged above $2, reaching its highest level since 2018, with a market cap exceeding $100 billion. This rise may be related to Ripple's plan to launch the stablecoin RLUSD. Regulatory approval for this stablecoin could come as early as December 4th. Ripple has been working hard to comply with U.S. regulations, aiming for compliant issuance.
The introduction of RLUSD could enhance XRP's role in financial transactions. A broader use of stablecoins may increase the demand for XRP, potentially driving its price further up. Ripple's integration with traditional finance could amplify these effects, leveraging stablecoins to increase utility.
From a technical perspective, XRP shows positive short-term, medium-term, and long-term trends. The moving averages indicate potential strength, with the trading price of this token being 248% higher than its 200-day simple moving average of $0.69. Additionally, XRP's current price is $2.39, up 25.57% within 24 hours, approaching a recent high of $2.49.
Additionally, the 24-hour trading volume to market cap ratio is 0.3888, indicating strong liquidity. At the same time, Ripple has partnered with Archax and abrdn to launch the first tokenized currency market fund on the XRP ledger. Tokenized assets are expected to reach $16 trillion by 2030, and this initiative aims to improve cost efficiency and settlement processes.
