Core strategies in the bull market:
1. Don’t rush to change positions: Unless you have made enough profit, it is not advisable to adjust your positions frequently. Patience is the key.
2. Patience is crucial: The trend of the bull market cycle is upward, the bottom is constantly rising, and holding chips is the key to making profits.
3. There are ten thousand reasons for the rise: When the market rises, there are always various reasons and signals, but holding positions and seizing cyclical rises is a stable strategy.
We will continue to plan for the new month, and there are a few points that you need to pay attention to:
1. The rise in ETH's exchange rate is too steep, and it is better to go sideways, which is conducive to continuing to rise. The support is 0.373. At the same time, 3730 is also a strong pressure level. The support will first look at around 3570.
2. Following the lead of Ethereum, altcoins have seen daily and weekly rebounds, and the possibility of a small adjustment in the market has increased.
3. This month there will be non-agricultural data on the 5th, CPI on the 11th, and Christmas at the end of the month, which may cause relatively large fluctuations in the market.
4 cryptocurrencies that are about to explode 100 times in the bull market!
TRX
As the native token of the TRON public chain, TRX has also performed very steadily. Although the early ecosystem of TRON did not seem active enough, TRX has maintained a strong upward trend with its strong foundation as a stablecoin. The main use case of TRON is cross-border transfer of stablecoins, and the target groups of these transactions are mostly institutions and whales, rather than ordinary retail investors. For this reason, TRX has shown extremely high stability and resistance to declines.
In addition, the TRON ecosystem has recently set off a wave of "Memecoin fever", which has attracted a large number of users to participate. This fever has brought more market vitality to TRX and also endowed the Memecoin ecosystem with a value-added effect. This change has given TRX the potential to usher in a second wave of outbreaks at any time, similar to the performance of the SOL ecosystem in the past. The meme fever has already had a very obvious driving effect on public chain tokens. Coupled with a series of high-profile operations recently by TRON founder Justin Sun, TRX is likely to become one of the most outstanding crypto assets.
YGG
YGG’s current price is still below the resistance level near $0.70, and to break through this price point and push the price up to $0.80, strong support from the market is needed. $0.70 is a key price point that, if broken, could open up space for further price increases.
One of the potential catalysts for YGG is the upcoming “Purification Event”. If this event can trigger a positive reaction from the market, it could be a key factor in breaking through the current price resistance. Such events usually stimulate bullish sentiment in the market, driving prices higher.
THERE IS
ADA is a blockchain platform based on scientific philosophy and research-driven. Its token ADA is currently trading at $1.27 with a market value of $38.13 billion. Cardano's core advantage lies in its highly scalable blockchain architecture and efficient smart contract execution capabilities. With the continuous upgrade of the Cardano network, especially the improvements in performance and security, more and more developers are beginning to choose Cardano as the basis for their blockchain projects.
Cardano’s support levels are $1.05 and $1.00, while resistance levels are $1.15 and $1.30. It is expected that as the network continues to improve, the price of Cardano is expected to break through $1.50 in the coming months. In the long term, it is predicted that the price of Cardano may reach $2 by 2025, becoming a strong contender in the blockchain field.
XLM
XLM is another coin that is developing steadily in the cryptocurrency market, and its main application is in the field of cross-border payments. Stellar's ecosystem continues to expand, especially in providing cross-border payment solutions for banks and financial institutions, showing great application prospects. The current price of XLM is $0.527, and its market value is $15.42 billion. With the growth of trading volume, Stellar's market performance is relatively stable.
With support levels of $0.50 and $0.48 and resistance levels of $0.54 and $0.56, XLM is likely to see further price growth in the coming months. It is expected that by mid-2024, the price of XLM is expected to break through $0.65, becoming a stable star in the cryptocurrency market.
