Shiba Inu (SHIB) and Dogecoin (DOGE) Price Predictions
1. Shiba Inu (SHIB): Analysts have predicted optimistic price targets for SHIB, including the possibility of reaching $0.001. This would require a 5,000%+ surge from its current levels (around $0.00001337). The anticipated breakout is tied to the reduction in SHIB's circulating supply through burns and its continued ecosystem developments, such as Shibarium and DAO governance enhancements. Factors like increased adoption and new product launches are also expected to support this growth, though achieving such a target remains highly speculative.
2. Dogecoin (DOGE): Predictions for DOGE suggest a more gradual rise compared to SHIB. By the end of 2024, estimates place DOGE between $0.21 and $0.35, with further growth possible in 2025 as developments from the Dogecoin Foundation take shape. Speculation around its integration into Elon Musk's "X App" as a payment method could act as a catalyst in the future. However, DOGE's inflationary nature and concentration of holdings in a few wallets might limit its long-term price potential.
While these projections highlight potential, both coins are highly speculative. The targets rely heavily on market conditions, ecosystem upgrades, and broader cryptocurrency trends. Investors should exercise caution and conduct thorough research.
Crypto Market Analysis: Top Gainers in the Last 24 Hours
While certain assets faced downward pressure, several cryptocurrencies emerged as strong performers, registering impressive gains in the last 24 hours. Here's a closer look at the top gainers:
1. DAR (Mines of Dalarnia - DAR)
Last Price: $0.20529
24h Change: +32.45% DAR leads the gainers with a massive 32.45% increase. Mines of Dalarnia, a blockchain-based play-to-earn game, might have surged due to renewed interest in gaming tokens or announcements related to platform updates.
Crypto Market Analysis: Top Losers in the Last 24 Hours
The cryptocurrency market has witnessed notable volatility over the last 24 hours, with several digital assets experiencing significant declines. Below is a detailed analysis of the top losers in the market:
1. ARK (ARK)
Last Price: $0.5125
24h Change: -14.35% ARK leads the list of losers, with a sharp drop of over 14%. Known for its platform enabling blockchain interoperability, ARK's recent performance could be tied to broader market sentiment or specific developments within the project.
Immutable (IMX) is struggling to go above the 200-day SMA and reclaim the $1.50 level, as selling pressure around $1.46 prevents a price increase. IMX dipped below the 200-day SMA on Thursday (December 19) after registering a drop of almost 10%. Sellers drove the price to an intraday low of $1.22 on Friday.
However, IMX recovered from this level to register an increase of 2.56% and settle at $1.22. Buyers attempted a move past the 200-day SMA on Saturday as IMX rose to an intraday high of $1.53. However, IMX could not stay at this level and fell below the 200-day SMA, ultimately registering a drop of 8.30% and settling at $1.32. Sellers retained control on Sunday as the price dropped just over 1% to $1.31.
However, bullish sentiment returned on Monday as IMX rose over 10% and settled at $1.44. Buyers retained control on Tuesday, pushing IMX to $1.47. However, IMX could not move past the 200-day SMA and $1.50, losing momentum on Wednesday and dropping just over 3% to $1.43. Selling pressure intensified considerably on Thursday as IMX dropped almost 7% and settled at $1.33. Sentiment changed on Friday as IMX reached an intraday high of $1.45 before settling at $1.38, ultimately registering an increase of 3.52%.
The weekend saw buyers retain control on Saturday as IMX rose almost 4% to $1.43. However, it was back in the red on Sunday, dropping nearly 6% to $1.35. The current session sees IMX up by 4.49% and trading around the $1.41 mark as buyers look to build momentum and push toward $1.50.
Arbitrum (ARB) Price Analysis Arbitrum (ARB)’s decline saw its price slip below key support levels and moving averages. The price dipped below the 50-day SMA on Thursday (December 19) and had fallen to $0.719 by Sunday.
$However, ARB started the previous week on a positive note, rising over 7% and settling at $0.799. Buyers retained control on Tuesday, rising 2.29% and settling at $0.817. However, bullish sentiment lost momentum after reaching this level, as ARB fell 1.55% on Wednesday and settled at $0.805. Selling pressure intensified substantially on Thursday as ARB dropped 6.51% to $0.752.
Friday saw a marginal recovery as ARB rose to an intraday high of $0.794 before settling at $$0.759. Bullish sentiment persisted on Saturday as the price rose just over 2% and settled at $0.774. However, ARB was back in the red on Sunday, ending the week down by 4.32% and trading around $0.741. The current session sees ARB up by 3.47% and trading around $0.766
Chainlink (LINK) plummeted to an intraday low of $19.99 last Friday as sellers attempted to drive it below support levels. However, it recovered from this level to register an increase of 2.62% and settled at $23.38. Buyers attempted a recovery on Saturday as LINK rose to an intraday high of $24.92.
However, LINK lost momentum after reaching this level, allowing sellers to take control. As a result, the price dropped 5.51% to $22.09 before registering a marginal drop on Sunday to end the weekend on a bearish note. LINK made a strong recovery on Monday, surging over 11% to $24.53. Buyers retained control on Tuesday as LINK rose to $25.42 after registering an increase of almost 4%.
However, it could not move past the 20-day SMA, allowing sellers to take control on Wednesday. As a result, LINK dropped almost 4% to $24.42. Selling pressure intensified on Thursday as LINK fell over 7% to $22.66. Buyers retained control on Friday as LINK dipped below $22 to settle at $21.54.
The weekend began with LINK registering an increase of 2.02% and settling at $21.97. However, it was back in the red on Sunday, dropping almost 5% and settling at $20.94. The current session sees LINK up nearly 2% as it rebounds from the 50-day SMA.
Dogwifhat (WIF) Price Analysis Dogwifhat (WIF) struggled to reclaim $2 after falling below the key level last weekend. WIF had dropped to an intraday low of $1.72 last Friday as sellers took control.
However, it recovered from this level to reclaim $2 and register an increase of 1.99% to settle at $2.10. Buyers attempted to push higher on Saturday but were unsuccessful as sellers took control. As a result, WIF dropped over 10% to slip below $2 and settle at $1.88. The price recovered on Sunday, reaching an intraday high of $2.04.
However, it could not stay at this level and ultimately settled at $1.91. Buyers retained control on Monday as WIF reclaimed $2 to settle at $2.02, and an increase of 1.36% on Tuesday pushed the price to $2.05.
However, sentiment changed on Wednesday as WIF dropped 3.41% to go below $2 and settle at $1.98. Bearish sentiment intensified substantially on Thursday as the price dropped almost 8% to $1.82. A marginal drop on Friday took WIF down to $1.81.
WIF recovered on Saturday as it registered an increase of 5.52% and moved to $1.91 before dropping just over 4% to end the weekend at $1.83. The current session sees WIF marginally up as buyers look to build momentum and push towards $2.
$SOL #SolvProtocolMegadrop #MicroStrategyStockSale $ Solana (SOL) is struggling to build momentum and reclaim $200, as it comes up against significant selling pressure at that level. SOL slipped below $200 on Thursday (December 19) when it dropped to $193. Sellers retained control on Friday as SOL dipped to an intraday low of $175 before recovering and settling at $194.
However, bearish sentiment returned on Saturday as SOL fell almost 7% to $181. A marginal drop on Sunday took SOL to $180. SOL started the previous week on a very positive note, registering an increase of 5.30% to move to $189. Buyers retained control on Tuesday as the price rose to $197.
SOL could only manage a marginal increase on Wednesday, thanks to selling pressure around the $200 level. SOL was back in the red on Thursday dropping 4.57% to $188. Sellers retained control on Friday as the price continued to drop, falling to $184 after a decline of 2.24%.
Buyers returned to the market on Saturday as SOL surged over 6% to $195. However, it was back in the red on Sunday, dropping almost 3% to end the weekend at $189. The current session sees SOL marginally down as buyers and sellers struggle to establish control.
Ethereum (ETH) is trading sideways below the $3,500 level as it struggles to build momentum and regain lost ground. ETH dipped below the 20-day SMA on Wednesday (December 18). The price continued to drop on Thursday, falling to $3,415. Sellers dragged ETH to an intraday low of $3,096 on Friday as selling pressure intensified.
However, it recovered from this level to register an increase of 1.62% and settled at $3,470. However, ETH was back in the red on Saturday, dropping below the 50-day SMA and settling at $3,337. Sellers retained control on Sunday as ETH dropped almost 2%
Buyers returned to the market on Monday as ETH registered an increase of 4.27% and moved to $3,419. It went above the 50-day SMA on Tuesday after a 2.11% increase and settled at $3,491.
However, it could only manage a marginal rise on Wednesday, thanks to strong resistance around $3,500. ETH was back in the red on Thursday, falling almost 5% to $3,333. Buyers attempted a recovery on Friday as ETH rose to an intraday high of $3,438 before losing momentum. As a result, ETH fell and registered a marginal increase to settle at $3,331.
ETH started the weekend positively, registering an increase of 2.14% on Saturday and moving to $3,402. However, it was back in the red on Sunday, dropping 1.46% to $3,352. The current session sees ETH up just over 1% and trading around the $3,400 mark. If buyers retain control, we could see ETH attempt to push towards $3,500.
Bitcoin (BTC) Price Analysis Bitcoin (BTC) has seen quite a slump since it hit its new all-time high of $108,268. Since then, BTC has slipped below $100,000 and has struggled to regain momentum and resume its upward trajectory. BTC has failed to reclaim the $100,000, going below it on Thursday (December 19). Sellers dragged the price lower on Friday as it dipped to an intraday low of $92,072.
However, it recovered from this level to register a marginal increase and settle at $98,124. Buyers attempted a recovery on Saturday as the price rose to an intraday high of $99,942. However, BTC lost momentum at this level and dropped by 0.63% to $97,505. Bearish sentiment intensified on Sunday as BTC registered a drop of 2.26% to end the weekend at $95,303.
BTC began the previous week in the red, registering a marginal drop to go below $95,000 and settling at $94,830. However, it made a strong recovery on Tuesday, rising just over 4% and moving to $98,677. Buyers retained control on Wednesday, and BTC rose by 0.74% to settle at $99,409.
However, it could not push above the $100,000 level as sellers took over, driving BTC down almost 4% on Thursday to $95,691. Buyers attempted to mount a recovery and prevent a drop below $95,000. However, they were unsuccessful, as BTC dropped by 1.52% and settled at $94,241.
The weekend began with a recovery as BTC registered an increase of 0.89% and settled at $95,077. However, the recovery was short-lived as BTC returned to the red on Sunday, dropping almost 2% and settling at $93,475.
The current session sees BTC marginally down as sellers look to drive it down to $90,000. If sellers maintain control, BTC could dip to $90,000 before recovering. However, if buyers can regain control, BTC will look to reclaim $95,000 and push on towards the $100,000 level.
Bitcoin (BTC) and the cryptocurrency market have capped a hugely successful 2024, with analysts, traders, and institutions optimistic about 2025 and further price increases. BTC saw a considerable rally at the beginning of the year following the approval of spot Bitcoin ETFs, which sparked interest in the asset. This was followed by the Bitcoin halving event, slashing the number of BTC awarded to miners, creating an imbalance between demand and supply, sending the price higher. Donald Trump’s vi
Nevertheless, it’s on the weekly chart where the possibilities for SOL can be fully understood. Staying above the trendline, and breaking the $202 resistance level is paramount, but it’s at the bottom of the chart from where bulls can take their inspiration.
The indicators on the weekly Stochastic RSI are almost at the bottom. This is a more advanced state than for any other major altcoins, and is the reason why SOL can rise first, as the full thrust of momentum gets under the price and forces it higher.
There is still some way to go, but it looks like the indicator lines should bottom by the end of this week, and the first angling upward could even take place the following week.
SOL has also recently bounced from the bottom of a bull flag, plus from major support, for its $BTC pair (SOL/BTC). If SOL can go on to break through the top of this bull flag, there won’t be much that can stop the $SOL price from rocketing over the final stage of the bull market. Keep all eyes peeled on this one. $SOL #SolvProtocolMegadrop #BinanceAlphaAlert #DEXVolumeRecord
The short-term chart for $SOL shows how the price had been making lower highs and lows. Even the major support at $202 was broken, and it wasn’t until the price hit the next major support at $174 that the bulls were able to turn things around. That said, they still have a way to go.
The next descending trendline needs to be broken to the upside, and it’s only if $SOL gets back above $202, flipping it once more into support, that the downtrend can be reversed.
First of all, when coming to a decision on whether the altcoins can make some headway, it is important to look at the Bitcoin Dominance chart (BTC.D). This is showing that the price is starting to consolidate below the ascending wedge. If this continues, and dominance makes a lower low, the uptrend can be broken.
Bitcoin ($BTC) has reached a pivotal moment, and the next move could either lead to new all-time highs, a prolongation of the current sideways trajectory, or a dip that could even take the price back down to $73,000.
With most short-term Stochastic RSIs near, or at the bottom, an upturn of these indicators can certainly provide the required upside momentum.
Among all the bigger altcoins by market cap, $SOL is possibly in the best position to lead the rest of the field out of the current downturn. With most transactions now taking place on the Solana blockchain, and the full implementation of the ground-breaking Firedancer validator client still to come, the $SOL price could be about to reverse its current correction and move a lot higher. $SOL #SolvProtocolMegadrop #BinanceAlphaAlert #MicroStrategyStockSale
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As of December 30, 2024, Beta Finance (BETA) is trading at approximately $0.0574 USD, reflecting an increase of about 19.80% over the past 24 hours.
Over the past 24 hours, BETA's price ranged between a low of $0.0476 and a high of $0.0583. The 24-hour trading volume stands at approximately $22.32 million, indicating active market participation. Beta Finance's market capitalization is around $49.02 million, ranking it among the notable cryptocurrencies by market cap.
Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. For the most current information, it's advisable to consult real-time sources or trusted cryptocurrency exchanges.
As of December 30, 2024, AVA (Travala) is trading at approximately $1.62 USD, reflecting a significant increase of about 27.56% over the past 24 hours.
Over the past 24 hours, AVA's price ranged between a low of $1.24 and a high of $1.66. The 24-hour trading volume stands at approximately $139.41 million, indicating heightened market activity. AVA's market capitalization is around $93.85 million, ranking it among the notable cryptocurrencies by market cap.
Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. For the most current information, it's advisable to consult real-time sources or trusted cryptocurrency exchanges.
As of December 30, 2024, Solar (SXP) is trading at approximately $0.37 USD, reflecting an increase of about 18.93% over the past 24 hours.
Over the past 24 hours, SXP's price ranged between a low of $0.2949 and a high of $0.3783. The 24-hour trading volume stands at approximately $96.32 million, indicating active market participation. Solar's market capitalization is around $233.41 million, ranking it among the notable cryptocurrencies by market cap.
Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. For the most current information, it's advisable to consult real-time sources or trusted cryptocurrency exchanges.