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Crypto De Nostradame
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The event is ongoing. The last day is December 3rd.
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“Altcoin bull will continue until this date!” Crypto analysts predict that altcoins will continue to rally until January 20, and XRP will be the star of the rally. Experts stated that Bitcoin dominance, which has fallen by nearly 7 percent, indicates an altcoin rally. According to analysts, major altcoins such as Ether ($ETH ) and $XRP will continue to rise until January 20, 2025, when Trump officially becomes the president of the United States. January 20 will also be the last day of SEC Chairman Garry Gensler. Bitcoin’s market dominance draws attention as a data closely followed by altcoin investors. The data in question was at 61.85 percent on November 22, but fell to 57.50 percent during the day. Popular crypto analyst Mikybull Crypto drew attention to the decline in Bitcoin dominance below its two-year support line in an X post published on November 30. The analyst emphasized that the dominance, which fell to 56.1 percent, indicates an “official altcoin season.” The decline in Bitcoin dominance shows that investors are making profits from their $BTC positions and directing these profits to altcoins. Ether (ETH), the pioneer of altcoins, is shown as one of the mainstays of the rally. Spot ETH ETFs traded in the US recorded a net inflow of $332.9 million the other day. ETH rose to $3,700 with increasing institutional demand. Analysts think that ETH will exceed $4,000 by January 20. According to analysts, XRP will be the star of the altcoin rise that will continue until January 20. Analysts claim that the XRP price will reach $2.57 in December, and the world’s sixth-largest cryptocurrency will exploit Bitcoin’s dominance. Ryan Lee, chief analyst at Bitget Research, predicted that the XRP price will rise by 30 percent by the end of 2024. The analyst told Cointelegraph; “XRP is estimated to reach around $2.57 in December. In particular, XRP’s price action could be affected by Bitcoin’s halving cycle. Historically, XRP has shown significant growth approximately 228 days after Bitcoin’s halving.”
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Monthly close in the crypto market: These five altcoins are at the top! BTC's rise dragged the crypto market into a rally. Altcoins ended a three-year downturn and signed a major bull run. Memecoins and layer-1 blockchains were the best performers of November. Which altcoins reached the top in November? Here are the best performances of the last month... Stellar (XLM) Stellar ($XLM ), shown as the biggest rival of XRP, was the highest rising altcoin of November. XLM, a decentralized and peer-to-peer payment network, has increased by 485.6 percent in the last month. Virtuals Protocol (VIRTUAL) Virtual Protocol (#VIRTUAL ), which produces innovative solutions in the field of artificial intelligence and metaverse, was among the best performers of the last month. The artificial intelligence coin increased by 341.8 percent in the last month. XRP (XRP) $XRP , the most popular altcoin in the crypto sector after Bitcoin and Ethereum, has experienced an unprecedented bull run in November. XRP, which started its rally after Donald Trump won the US elections, hosted a 268.2 percent increase in the last month. Hedera (HBAR) Designed to be an alternative to blockchains, Hedera ($HBAR ) found its place at the top with its patented infrastructure and technological design. #HBAR , a layer-1 blockchain and payment instrument, has achieved a 256.5 percent increase in the last month. Algorand (ALGO) Algorand (#ALGO ), a layer-1 blockchain that enables the development of decentralized applications and decentralized financial services, was one of the altcoins that left its mark on November. ALGO has increased by 254.1 percent in the last month.
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Analyst’s crazy price prediction for Chainlink (LINK). A famous crypto analyst has shared his Chainlink ($LINK ) price prediction for the upcoming bull season. Chainlink made a strong comeback in November and is aiming for its best monthly performance since May. This rally has been fueled by the broad rally in the overall cryptocurrency market. One analyst predicts that this rally is just beginning and that the LINK price could reach $100. Market analysts on the X platform (formerly Twitter) believe that the Chainlink price has the potential to rise further. WSB Trader Rock, an analyst who has previously made accurate predictions, stated that LINK will rise to $100 in the near term. Another crypto analyst, Bubbafox, has a more optimistic view on the $LINK price. Bubbafox says LINK could rise to $2,000, in which case it could be an 11,000 percent increase from the current level. Bubbafox bases this prediction on a regression analysis he conducted on the weekly chart. Chainlink price is up over 123 percent from its August lows and has followed the performance of many cryptocurrencies. It is currently trading at a significant resistance level at $19.18 on the daily chart. This level is notable because it coincides with the top of a round bottom or “cup and handle” formation. When such levels are broken, an asset usually consolidates or experiences a pullback; such a situation is currently being observed. The cup and handle (C&H) formation usually leads to a strong bullish breakout because it is one of the most popular continuation formations. #LINK has also formed a bullish flag (bullish pennant) formation. This formation consists of a long flagpole and a triangle structure and, like the C&H, is one of the strongest bullish formations in the market. In addition, Chainlink price is showing potential for further upside as the 50-day and 200-day exponential moving averages (EMAs) cross over each other to form a “golden cross.”
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Etkinlik 3 Aralık'a kadar devam edevek. 🔗https://bn-airdrop.din.lol/bn-guide.html?ref=00005053
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🧙♂️ On November 29, spot #Bitcoin ETFs experienced an inflow of $320 million. Meanwhile, spot Ethereum ETFs saw a net inflow of $332 million. #CryptoDeNostradame #ParrotBamboo
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