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Crypto De Nostradame
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https://x.com/KIPprotocol/status/1864150985628897760
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Sui (SUI)’s fateful moment: Done or continue? Layer-1 blockchain Sui ($SUI ) is facing a resistance point that could lead to price volatility. SUI, one of the pioneers of the altcoin bull, has been trading between $3.5 and $3.85 for the past few weeks. SUI, which has been in the background during the rally of XRP and accompanied by major altcoins like XLM, is preparing for its potential breakout. According to the chart analysis, one of the biggest resistances in front of SUI, the $4 level, may be tested soon. Layer-1 blockchain Sui (SUI), built with the Move language, is among the best performers of 2024, but has been trading in the consolidation phase since November 16. According to an analysis prepared by Coinpedia, SUI’s Relative Strength Index (RSI) is at 65.67. This level indicates high buying appetite. On the other hand, SUI's Average Direction Index also rose to 25.32. The analysis stated that both indicators gave positive signals. Arguing that the daily trading volume was insufficient despite the indicators, Coinpedia noted the following; “When we check SUI's daily trading volume, the negative outlook draws attention. The trading volume of the popular altcoin decreased by 13.27 percent in the last 24 hours. Despite the decrease in trading volume, the price gained nearly 3 percent. ADX, an indicator on the daily chart, shows that the purchasing power is decreasing with the level of 22.11.” Data from Coinglass also shows that a large amount of SUI is being transferred to centralized exchanges. According to Coinpedia's chart analysis, #SUI will need to exceed $ 4 in order to continue its rise. If this resistance is not overcome, the price may fall to the nearest support point of $ 3.19 in a short time. If SUI cannot hold on at $ 3.19, it will test a weak support at $ 2.9. The analysis predicts that a major collapse will bring a pullback to $2.3. In the event of a potential resistance break, the SUI is expected to reach $4.5 and remain in this region. #BTC100K! #CryptoHistoricMoment #Share1BNBDaily #MicrosoftBTCInvestmentVote
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Whale sales in Ethereum (ETH) have started to increase. With Bitcoin rising above $100,000, alarm bells have started to ring for #Ethereum ($ETH ), which is approaching $4,000. According to the latest data, whale activity in Ethereum shows that the selling pressure on ETH is increasing. This development shows that whales are taking action as ETH approaches $4,000. According to IntoTheBlock data, the exit of large investors from Ethereum peaked at 647,220 ETH on December 3. Inflows during the same period were recorded as 582,710 ETH. The widening gap shows that the selling pressure for ETH is increasing. Although interest in Ethereum ETFs remained positive this week, there was a sharp decrease compared to last week. On December 3, Ethereum ETF inflows were $132.6 million, while the previous day this figure remained at $24.2 million. On Friday last week, inflows reached $332.9 million, but this amount has now decreased significantly. In addition, long positions are rapidly increasing on the futures side. While traders are bullish, the possibility of a major liquidation is increasing. Volatility may increase especially in the $4,000 band. This level can act as resistance both technically and psychologically. If it is exceeded, the upward momentum will accelerate even more. In a scenario where ATH is broken, the highly anticipated altcoin rally may begin. #CryptoHistoricMoment #BTC100K! #Share1BNBDaily
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💫 Elon Musk's X post. #DOGE
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Solana (SOL) is gaining strength: Is it on the way to new highs? Solana ($SOL ), which fell after the crisis in Pumpfun, excited its investors by giving signs of recovery. #Solana (SOL), which has experienced a significant price movement recently, started to decline after seeing its all-time high (ATH) at $ 264. The popular altcoin, which is currently traded at around $ 233, has managed to maintain its support level at $ 221, giving hope. Onchain data for Solana is currently progressing quite positively. In particular, the financing rate data gives signals of increase. A positive financing rate indicates that investors are willing to carry their long positions. This also comes into play as a factor supporting the rise. In addition to these, high network activity keeps the SOL price strong. We can follow a more positive scenario for SOL with the decline of Bitcoin dominance. Solana is traded at $ 233 as of the writing of the news. Breaking above the $245 resistance level would signal a return of bullish momentum for SOL and could carry the price to $270. However, if SOL fails to break the $245 level and falls below $221, we could see a pullback to $200. Sharp increases for the popular altcoin could begin with a breakout of $300. This psychologically critical level could act as resistance in the short/medium term. #BTC100K! #CryptoHistoricMoment #Share1BNBDaily #MicrosoftBTCInvestmentVote
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