đ Hereâs why the crypto Altseason could start tomorrow
While Bitcoin (BTC) flirts with the long-awaited $100,000, and Jim Cramer recommends a âbuy,â crypto traders eye the Altseason. Historically, money has rotated from Bitcoin into altcoins after significant breakouts, which could occur again this cycle, starting on Sunday.
This is because Sunday, November 24, will close the third consecutive week above Bitcoinâs last weekly candleâs high. Essentially, an altseason started every time this pattern occurred in the previous two cycles, as TechDev shared on X.
An altseason happens when altcoins outperform Bitcoin, diminishing its market cap dominance. Some analysts are already excluding Ethereum (ETH) as part of âaltcoinâ analysis, given its market size and relevance.
In summary, trading experts and crypto investors expect mid-to-low-caps to outperform the leaders, better distributing the capital among all cryptocurrencies.
đž The altcoins season (altseason) is starting
On TechDevâs insight, the Bitcoin and crypto analyst pointed out a pattern that dates back to March 2017. According to him, the last two altseasons started after three consecutive weekly closes above the last Bitcoin weekly high.
This pattern is in play right now, with the third consecutive week to close tomorrow, Sunday night, starting on Monday. Therefore, this week could be a key period for what some experts are labeling âutility altcoins,â with high growth potential.
Notably, TechDev crossed over the Bitcoin Dominance Index (BTC.D) with Bitcoinâs weekly chart, illustrating the start of the altseason.
In this context, some altcoins have already started surging, leading the way for other cryptocurrencies. Solana (SOL), Ripple (XRP), Cardano (ADA), Algorand (ALGO), Hedera (HBAR), Near Protocol (NEAR), and Sui Network (SUI) are some of them, outperforming other projects in the past few days as money starts rotating from Bitcoin and Ethereum to lower caps.
đ„ Here is How Much XRP You Need to Make $1M if XRP Hits $150, $258, $305 and $403
Individuals looking to make $1 million from XRP via ambitious price points in the triple-digit range require a modest initial investment.
XRP has recently renewed optimism among community members and steadfast holders that their millionaire dreams are still on course. Last week, XRP recaptured a three-month high of $0.6366, even momentarily emerging as the best performer among prominent crypto assets.
Notably, XRP regained $0.6366 in under two weeks after revisiting a 16-month low of $0.385, marking a growth of over 65%. This impressive growth has convinced XRP bulls that they are not missing the 2024/2025 bull season.
With widespread projections suggesting XRPâs likelihood for more than double-digit values, this article explores the number of tokens an investor must hold to attain a millionaire should XRP attain audacious prices of $150, $258, $305, and $403.
đž XRP Needed to Make $1M if XRP Hits $150, $258, $305 and $403
To make $1 million via XRP in the hypothetical scenario where its market value attains $150, one must have 6,667 tokens in his portfolio. With XRP trading at $0.5899 at press time, following a brief retracement, acquiring the portfolio costs $3,932.66.
Put differently, an investor stands to see their investments explode by over 253-fold should XRP attain $150.
Meanwhile, investors targeting to make $1 million from XRP at a price point of $258 require a significantly lower initial investment. Specifically, one needs to hold only 3,875 XRP, which costs $2,286 today, to generate a million at the $258 price.
Similarly, a crypto investor must purchase 3,279 XRP valued at $1,934 today to make $1 million when XRP attains $305. The $403 XRP price point demands the least initial capital commitment.
To make a million dollars at $403, one must purchase and hold only 2,481 XRP, which costs $1,463 today. Meanwhile, this investment would expand by 68,216% should the ambitious $403 price materialize.
DOGE, PEPE, and SHIB prices have entered a cooling phase as traders secure profits following an intense rally. At present, DOGE targets a 160% surge, PEPE is testing its trend channel, and SHIB is on the verge of a breakout.
Despite the pullback, bullish sentiment persists, especially for DOGE, which analysts project could see a potential 160% surge. After bouncing from its support zone, the OG meme coin remains within bullish parameters, targeting $0.73 as the next major resistance.
While some traders have begun trimming positions to mitigate potential risks, the overall trend indicates upward momentum remains intact.
PEPE, on the other hand, faces a more precarious situation as it clings to its trend channel. Experts have warned that a breakdown could send the price crashing toward the 0.000016 zone, intensifying selling pressure. Hence, maintaining its trend channel is key to its upward momentum.
Analysis of the 4-hour chart reveals a clear upward channel, with the price at $0.000001865 USDT. While recent trading shows an 11% decline, the channel structure remains intact. Resistance at the upper boundary is a key hurdle PEPE must surpass for a potential rebound.
Shiba Inuâs case is equally compelling with the memecoinâs price nearing a critical resistance line. A successful breakout could ignite a substantial rally, potentially pulling in fresh inflows of capital. A failure to clear this level may push the token into consolidation, leaving traders and investors awaiting clarity.
With profit-taking dominating the market, all eyes are on these meme coins. The next few days will likely define whether DOGE achieves its ambitious target, PEPE sustains its channel, or SHIB breaks resistance to initiate a fresh rally.
đŽ Starknet releases SN Stack for appchain development
Ethereum Layer 2 project Starknet now enables developers to launch appchains using its software offering, SN Stack, marking a move towards increased modularity within its ecosystem. Appchains are independent blockchains tailored to specific applications.
Starknet noted that its appchain stack incorporates essential components like Starknet OS for blockchain operations, CairoVM for smart contract execution, Blockifier for block construction, and cryptographic provers and verifiers.
SN Stack is offered in three distinct variants to cater to different developmental needs: Madara, which provides a flexible, open-source modular framework; Dojo, a platform optimized for gaming and advanced on-chain applications; and finally, StarkWare Sequencer, which delivers Starknetâs entire infrastructure for dapps requiring high performance.
âFrom now on, projects will be able to build appchains using the gold-standard ZK-STARK cryptography with the ease and low cost that has only been possible with optimistic rollups,â said Eli Ben-Sasson, co-founder and CEO of Starknetâs core developer StarkWare.
An appchain called Paradex has been running as a design partner for the current SN Stack introduction.
2024 marked a significant year for Ethereumâs Layer 2 ecosystem. Building on the momentum from previous years, the number of rollups, or Layer 2 chains, surpassed 100, a threefold increase from the end of 2023. This exponential growth has been driven by increasing demand for scalable solutions and the availability of many development tools.
The emergence of modular Layer 2s is supported by developers increasingly using software stacks offered by popular projects such as Optimism, Arbitrum, ZKsync, Linea, and now Starknet.
đș Tron Struggles at $0.26, but Resilient Investors Hold Steady
Tronâs price recently experienced a drawdown, struggling to reclaim the critical support level at $0.26. This level is vital for recovering the losses incurred during recent market volatility.
Despite broader market developments, Tron investors have shown remarkable resilience, maintaining activity levels unaffected by external market fluctuations.
đž Tron Investors Are Resilient
Active addresses on the Tron network have remained steady, regardless of price action. Over 2.73 million addresses continue to conduct transactions, showing no deviation even when Tron hit a new all-time high or suffered a price drop. This stability highlights investor resilience and suggests confidence in the networkâs long-term potential.
The consistent activity across the Tron network reflects a maturing investor base that resists volatility-driven reactions. Such steadiness bolsters the cryptocurrencyâs price foundation, potentially mitigating sharp declines and aiding in price recovery efforts over the coming weeks.
Short-term holders (STHs) often pose challenges for cryptocurrencies due to their propensity to sell during downturns. However, in Tronâs case, STHs are transitioning into mid-term holders (MTHs), holding their assets for more than a month. This shift, with an 11% decline in STH domination over two weeks, indicates growing investor confidence.
This behavioral transformation reduces the risk of abrupt price drops, supporting Tronâs price stabilization. Maturing investors contributes to broader macro momentum, ensuring a steadier trajectory for TRX amidst market uncertainties and enhancing its appeal to potential buyers.
Tronâs current price of $0.26 serves as a pivotal support level. Reclaiming this level is essential for TRX to aim for $0.30, which would help recover a significant portion of recent losses. A bounce from $0.26 could reinvigorate bullish sentiment among investors.
đŁ 3 Reasons Why Shiba Inu Price Will Never Hit $1
Uncover three key reasons why Shiba Inu price may never reach $1 despite the market recovery in 2025. While SHIB has seen notable rallies, significant barriers remain. These obstacles, rooted in market dynamics and tokenomics, make the $1 milestone highly unlikely. Hereâs an analysis of the challenges impacting SHIBâs long-term potential.
đž Top Three Reasons Why Shiba Inu Will Never Hit $1
Shiba Inu needs an astronomical percentage increase to reach $1, which is highly improbable.
SHIB has lost relevance due to competition from newer meme coins and declining traction.
Achieving $1 would require a $589 trillion market cap, which is 22 times the U.S. GDP and unsustainable.
Shiba Inu price must rise by 4,136,028% from its current price to hit $1. This level of growth is historically unmatched in cryptocurrency markets, making it extremely unlikely. Even the most successful coins have never reached this kind of surge in value, further reducing its feasibility.
Shiba Inuâs relevance has diminished as newer meme coins like PEPE and BONK dominate the market. Being an older cryptocurrency, its traction remains limited until a potential late bull run phase. Even with a surge, achieving the 4,000,000% increase needed to reach $1 is highly improbable, making its growth prospects uncertain.
Shiba Inu price faces significant hurdles in ever reaching $1. One major reason is its lack of utility, despite achieving a substantial market capitalization. If Shiba Inu were to hit $1, its market cap would balloon to $589 trillion approximately 22 times the GDP of the United States. This staggering figure highlights the impracticality of such a valuation.
Conclusion: Shiba Inu reaching $1 is impossible due to extreme growth requirements. The impractical market cap further invalidates this target. Its diminishing relevance amidst emerging meme coins adds to the challenges. While short-term gains exist, long-term $1 valuation remains unrealistic.
âïž Ethenaâs USDe Skyrockets to $6 Billion Market Cap, Overtaking DAI
The stablecoin market continues to evolve in 2024, and while giants like Tether and Circle adapt to stricter regulations, Ethena emerges as a key player thanks to its innovative approach, fast execution, scalability, and ability to adjust to new market conditions and demand. Ethenaâs USDe stablecoin has reached a market capitalization of $6 billion since its public launch in February, surpassing DAI and establishing itself as the third-largest stablecoin by market capitalization, with a rapidly growing user base and institutional interest.
đž Accelerated Growth thanks to Its Integration into Aave
One of Ethenaâs most notable milestones this year was the integration of the staked version of its stablecoin, sUSDe, into the Aave lending platform during the fourth quarter. This integration allowed users to use sUSDe as collateral, which boosted adoption and attracted over $1 billion in inflows in just a few weeks. Data reveals that more than half of these inflows came from just five main addresses, highlighting the interest of large investors in this stablecoin and solidifying its position in the DeFi space.
The success of USDe also boosted the price of Ethenaâs governance token, ENA, which has returned to levels close to its initial launch, especially in a context where the price of Bitcoin surpassed $100,000.
Ethena did not stop there. The company recently launched USDtb, a stablecoin backed by U.S. government bonds through investments in BlackRockâs BUIDL, offering a more conventional and low-risk option for investors. While USDe uses delta-neutral hedging strategies to maintain its dollar peg, USDtb combines backing in traditional assets with a small portion in stablecoins to ensure quick redemptions and minimize volatility.
Ethenaâs rapid innovation and adaptability have been crucial to its rise. While Maker fragments its liquidity with the launch of USDS, and Circle and Tether struggle to comply with the MiCA regulation.
đ„ $RENDER forms a strong bullish pattern: hereâs the next price target
Render Token ($RENDER ) has once again caught the eye of cryptocurrency analysts by forming a notable bullish chart pattern known as the cup and handle.
This pattern, identified on the daily chart, has a neckline set at around $10, which is a critical resistance level for the token.
Currently trading at $8.6, the token price is almost completing the formation of the handle as it rises from a small decline that saw it test $6.7.
đž Pattern shows RENDER price to break past $10
The cup and handle pattern, a classic bullish signal in technical analysis, has historically led to substantial price increases once the breakout above the neckline occurs.
The pattern begins with the âcupâ, a âUâ-shaped formation, reflecting a period of consolidation following a price decline.
After the cup, the âhandleâ forms, typically a smaller downward movement or consolidation that sets the stage for a breakout.
For $RENDER , the handle is currently forming, with the price hovering around $8.6, suggesting that a breakout above the neckline at $10 could be imminent.
Analysts are buzzing with anticipation, suggesting that once the handle formation is completed, RENDER could be on a path to a major bullish run.
At the current price, RENDER only requires an 18% rise to hit $10, which many see could occur within a week seeing that it gained over 23% over the past week.
đž Factors expected to propel Render price higher
Several factors are expected to contribute to the upward momentum of RENDER beyond the $10 mark.
Firstly, the increasing adoption and integration of Render Network within various sectors of the digital economy play a crucial role.
Render Networkâs unique proposition of decentralized GPU rendering for high-quality graphics and complex computations is gaining traction, especially in the gaming, virtual reality, and film industries.
This growing utility could naturally drive demand for $RENDER , pushing its price upward.
Notcoin ( $NOT ) Price Analysis: First Half of 2025
As 2025 begins, Notcoin (NOT) opens the year at $0.006834. Analysts predict price stability with the possibility of modest growth depending on market dynamics and project development. Below is an analysis of the key factors shaping Notcoin's performance in the first six months of the year.
In Q1 2025, Notcoin price is projected to remain in the $0.0065â$0.0067 range. Stability is expected as long as market conditions remain favorable. Short-term growth is possible if the project achieves significant results or expands its user base.
âïž $HBAR price forecast: hereâs why Hedera Hashgraph will hit $1
Hedera Hashgraph price has remained in a tight range in the past few weeks as the recent rally took a breather. The HBAR token was trading at $0.3150, a few points above the recent low of $0.2345. It remains about 650% from its lowest level in September last year. Hereâs why the Hedera price may jump to $1.
The daily chart shows that the HBAR price has remained in a tight range in the past few weeks. It has remained above the 50-day and 200-day moving averages, which made a bullish crossover known as a golden cross in November last year.
Hedera has also formed a bullish pennant pattern, one of the most popular positive signs in the market. The vertical line of this pattern started in November last year when the coin surged hard. It has been forming a symmetrical triangle chart pattern, now nearing its confluence level.
The coin also remains above the crucial support level at $0.1815, the highest swing in April last tear. It has also moved to the overshoot level of the Murrey Math Lines, while oscillators like the Relative Strength Index (RSI) and the MACD have pointed upwards.
Therefore, the Hedera Hashgraph price will likely continue soaring as bulls target last yearâs high of $0.3922, its highest level in December last year. A move above that level will boost the chance of the HBAR token soaring to $0.50, followed by the psychological point at $1. A move to $1 would imply a 217% above the current level.
The stop-loss of this trade will be at $0.2685, the weak, stop & reverse point of the Murrey Math Lines indicator.
There are several fundamental reasons why the HBAR price may continue its strong uptrend in the next few months.
First, from a macro level, cryptocurrency prices often perform well in the first quarter. Bitcoinâs average return in the first quarter is 52%, while Ethereumâs average is 83%. Q1 is the second-best-performing quarter after Q4.
đș Retail Interest in Avalanche Up 47%: Mapping $AVAX Price Path in 2025
The analysis of AVAXâs address distribution revealed significant growth in retail and whale investor interest. This suggested potential bullish momentum for AVAX price going ahead.
Over the past year, the number of addresses holding less than 100 AVAX surged by 47.7%, reaching 9.6 Million from 6.5 Million.
This marked increase in retail investor participation often signifies broadening adoption and could lead to enhanced price stability and upward pressure due to increased demand.
Meanwhile, the whale segment, representing addresses with over 100,000 AVAX, also saw growth from 101 to 133 addresses.
This presence of large-scale investors indicated sustained confidence and provided a strong support level for AVAX price, as their investment is long-term.
Their continued accumulation and holding patterns suggested a strategic bet on AVAXâs future appreciation.
Both dynamicsârising retail interest and steady whale involvementâindicated a robust market structure.
The combination of growing retail involvement and steady whale activity could provide the foundation for sustained price appreciation in AVAX, especially if current market conditions persist.
AVAX Price First Quarter Outlook
AVAX price weekly chart was also bullish, having consolidated above the $29.15 support level. This formation, coupled with an inverse head and shoulders pattern, indicated a potential uptrend.
Notably, the chart highlighted the 200-week EMA providing bullish support around the $31 price point, acting as a springboard for further gains.
AVAX could see some fluctuations and a mild correction in early January but could also maintain a steady position above the crucial support zones.
The chart suggested an optimistic outlook for late January into February and March, with potential buying opportunities as prices could dip near $30.
This could potentially lead to higher trading levels in the coming months.
Toncoin (TON) has witnessed increased activity in the past 24 hours, with a total of 1.55 billion coin whale transactions recorded among market participants. The value of these transactions equals about $8.86 billion.
According to IntoTheBlock data, these transactions are worth over $100,000. These come in at a count of 1,740 in the last 24 hours. This spike in transaction volume comes amid ongoing bullish sentiment for TON. Investors have reignited interest in the asset as the price maintains an appreciable gain on the market.
As of this writing, TON is exchanging hands at $5.69, a 0.51% increase in the last 24 hours. Trading volume has also increased by 4.94% to $149.38 million. In the past seven days, Toncoin had climbed from a low of $5.4025 to a high of $5.809 before settling at its current level.
Analysts suggest that the current price dynamics have been greatly influenced by these whales carrying out large transactions. Notably, potential investors get a confidence boost from increased activity and are drawn to bet on the asset.
With TON currently trading approximately 32% away from its all-time high (ATH) of $8.24, set about seven months ago, this has triggered optimism. If TON whales sustain the current transaction volume, TON could retest a new price level by riding on the bullish sentiment.
đž Bitcoinâs influence on Toncoinâs prospects
The projections for a TON price rally are further supported by an ongoing increase in the price of Bitcoin (BTC), which has once again flipped the $100,000 level. With BTC at over $101,035, most altcoins may witness a corresponding upsurge.
With the recent activities, investors might anticipate that TON could regain its position on the top 10 list of coins in the industry. How fast it achieves this might depend on TON whales, who have continued to support the blockchain.
As Bitcoin (BTC), the largest cryptocurrency, is making another attempt to conquer the $100,000 level, dozens of altcoins are losing their value. Popular meme cryptocurrencies are on the list of the worst performers, yet some new cryptos in this sphere have entered the top 100.
đž Dogwifhat (WIF), Bonk (BONK), Brett (BRETT): Meme cryptos in red today
The segment of meme cryptocurrencies lost over $100 million of its capitalization in the last 24 hours. While the market benchmark is down by 0.4%, the meme coin cap dropped by over 1.1% today, Jan. 6, 2024.
Solana's largest dog-coin, Dogwifhat (WIF) and multi-blockchain meme coin Bonk (BONK). Dogwifhat (WIF) lost 2,8% in the last 24 hours and is struggling to hold 75th place in the top rankings.
Bonk (BONK) is down by 2.1%, and its price is ready to lose the sensitive level of $0,000034. Meanwile, on the weekly time frame, both currencies are in the green.
In the second hundred of the largest cryptocurrencies list, Peanut the Squirrel (PNUT) erased 3% of its market cap tonight. The asset is trading at $0.7405 on major spot exchanges.
đž Trader Henrik Zeberg: Meme coins consolidating before explosive growth
Meanwhile, some smaller meme coins are demonstrating impressive growth rates. SPX6900 (SPX), one of Murad's largest meme coins, jumped into the top 100 cryptos with a 20% market cap surge.
Also, ai16z (AI16Z), a meme coin of an AI-driven DAO, surged by 21% and hit a new local high over $2.12.
Prominent trader Henrik Zeberg is optimistic about the potential for meme coins' growth in the midterm. He is certain that major meme coins, including Dogwifhat (WIF), are still in their consolidation phase:
Memes are consolidating.... they should explode at some point! Then we hang on for dear life!!
Dogecoin (DOGE), the largest meme coin, is up by 2.5%. The oldest dog-themed crypto is changing hands at $0.39 on major spot exchanges.
With SUI reaching a new all-time high at $5.3580, will bulls extend the rally to the $6 mark this week?
As Bitcoin breaks above the $99,000 mark, the overall crypto market sentiment has significantly improved, with bulls eyeing the $100,000 milestone. Amid this positive sentiment, the SUI token is experiencing a breakout rally.
Achieving a new all-time high, the altcoin is showing considerable upside potential. Will this lead to an extension toward $5.50?
đž SUI Price Analysis
In the 4-hour chart, the SUI price action reveals a triangle pattern breakout, crossing the supply zone at $4.80. This breakout marks a significant milestone, as predicted in our previous SUI price analysis, and has created a new all-time high.
The bullish recovery has propelled the 7-day price change to 26.80%, with the market capitalization rising to $5.59 billion. This impressive growth highlights increasing investor interest. Meanwhile, SUIâs price trend has shifted sideways after hitting a high of $5.3580, revealing critical support at the $5.16 level.
The range breakout rally has triggered a positive crossover between the 50 and 100 EMA lines, creating a bullish alignment of these averages. Furthermore, the 4-hour RSI briefly entered the overbought zone, showcasing strong bullish momentum.
However, the slight slowdown has caused the RSI to dip slightly below the overbought zone, indicating a temporary pause in the rally. Despite this, the technical indicators continue to signal a buy for SUI, suggesting further potential for growth.
At present, the SUI token is trading at $5.170 with a potential double-bottom reversal, which could strengthen the bullish outlook.
Based on the Fibonacci retracement levels, the altcoin will likely encounter resistance at the $5.40 level, corresponding to the 23.60% retracement level. The bull run may target price levels at $5.67 or $6.00 in the short term.
đ #Ethereum Network Gained $1.1 Billion Seven Days in 2025
Ethereum's stablecoin inflow has significantly increased, as 2025 gets underway, indicating heightened market activity on its network. Stablecoins on Ethereum, such as USDT and USDC, have risen an astounding $111 billion in the last seven days. Among the leading blockchain ecosystems, this is the highest, indicating strong investor confidence and activity. Solana, in contrast, saw a stablecoin increase of $202.13 million, indicating robust but relatively modest growth.
A large inflow of stablecoins usually signals increased ecosystemic liquidity and purchasing power. In order to buy other digital assets or take part in DeFi activities, investors frequently move stablecoins onto blockchain networks. Ethereum, the most popular smart contract platform, continues to be the main hub for these kinds of movements. At the same time, $14.08 million worth of stablecoins left Arbitrum, which might be a sign that liquidity is moving back to Ethereum mainnet from layer-2 solutions.
Notwithstanding the rising acceptance of substitute solutions, this pattern highlights Ethereum's supremacy. This optimism is reflected in the Ethereum price chart. With a significant breakout above its main moving averages, including the 50 EMA, ETH is maintaining its stability at $3,642. Ethereum is positioned for a potential short-term test of $4,000 based on current momentum.
Trading volumes, however, have not yet increased noticeably, suggesting that the market is still cautious. Ethereum is still not in overbought territory, with RSI levels above 55 indicating potential for additional growth. The bullish momentum of Ethereum may continue if the stablecoin inflow turns into active buying. Money is being redistributed throughout the broader cryptocurrency market, with Ethereum and Solana garnering interest.
This pattern suggests that investors may be shifting back toward more established ecosystems at the expense of more recent chains, such as Arbitrum. Inflows of stablecoins strengthen #ETH standing as the market's cornerstone.
âïž Ripple SEC Settlement May Arrive by April, Says Lawyer
Pro-XRP lawyer Jeremy Hogan suggests a potential settlement in the Ripple vs. SEC case by April or May. Both Ripple and the SEC have appealed the courtâs split decision, drawing widespread attention.
đŹ Because both parties appealed the part of the case they lost. So the penalty is on hold pending appeal. But the new SEC administration may decide not to pursue the appeal, and perhaps that leads the parties to settle for what the court awarded.â Marc Fagel (@Marc_Fagel) January 6, 2025
The court had ruled Rippleâs $700 million institutional sales were illegal securities offerings and imposed a $125 million penalty on the firm. However, this penalty is on hold pending the appeal process.
In light of this, former SEC attorney Marc Fagel says the SECâs new administration might drop the appeal, potentially leading to a settlement based on the original ruling.
Fagelâs statements have renewed interest in XRP. Community members are watching key dates: January 15, the SECâs deadline to file another appeal, and January 20, when pro-crypto Paul Atkins may take over as SEC chair.
These key developments could bring long-awaited regulatory clarity for XRP and the broader crypto market. Rippleâs supporters remain hopeful that the caseâs resolution will propel XRP to new heights, especially with potential U.S. regulatory clarity during the first 100 days of the incoming Trump administration.
đž Trumpâs Crypto Tax Plans and #XRP âs Future
Notably, Trump plans to introduce 0% capital gains taxes on domestic cryptocurrencies. This would be a significant advantage for XRP as itâs the sole top-tier crypto to benefit from this policy.
As speculation mounts, XRP remains one of the most closely watched assets in the crypto space. Advocates are optimistic that a favorable outcome will not only benefit Ripple but also chart the course for other crypto projects in navigating uncertain regulatory landscapes.
LINK, the native token of Chainlink, appears to be gaining attention from crypto enthusiasts as its price shows signs of recovery following a significant decline in December 2024. On January 5, 2025, a prominent crypto expert posted on X (formerly Twitter) that whales have purchased over 1.40 million LINK tokens in the past four days.
đž Whales Buy 1.40 Million LINK TokensÂ
These notable acquisitions by Whales show confidence and interest as the market approaches the presidential inauguration, anticipated to be one of the most significant game-changing events for the crypto industry in 2025.
Furthermore, this accumulation suggests that whales are positioning themselves for 2025, ensuring they donât miss out on any substantial upside momentum. However, it has been observed that this notable acquisition has led to a 22% price rally during the same period and is continuing to drive upward momentum.
đž #LINK Technical Analysis and Upcoming LevelsÂ
According to CoinPediaâs technical analysis, LINK appears to be consolidating within a tight range between $23 and $24 and is poised for a breakout. Since the beginning of 2025, LINK has consolidated twice on the four-hour time frame before experiencing upward momentum.
Experts and analysts speculate a similar upside rally to what was observed in the past four days. Based on the recent price action, there is a strong possibility that LINK could soar by 20% to reach the $29 mark in the coming days.
On a positive note, the altcoin has just breached the 200 Exponential Moving Average (EMA) on a four-hour time frame and closed a candle above it, indicating a potential shift into an uptrend.
đž Current Price Momentum
Currently, LINK is trading near $23.40 and has witnessed an upward momentum of 1.20% in the past 24 hours. However, during the same period, its trading volume dropped by 33.40%, indicating reduced participation from traders and investors compared to the previous day.
đŽ Render: Will THIS help $RENDER break past the $8 resistance zone?
Render [RNDR] has been in the spotlight following its recent bullish momentum. The altcoin has surged by over 32% since it retested a key pennant resistance about two weeks ago.
This impressive rally now faces a critical hurdle at the $8 resistance zone. Can Render push past this barrier and extend its gains? Letâs dive into the data.
đž Render bulls set sights on $8 resistance zone
The $8 resistance level has become a critical point for Renderâs price action. This zone represents a strong psychological and technical barrier, as the level has repelled the altcoin price several times in the past.
Historically, such levels often see increased sell pressure, as traders look to bag in some accumulated profits.Â
However, with 65% of RNDR addresses currently in profit, confidence in the tokenâs bullish potential remains strong.
Adding to this optimism was the improving trading activity of the altcoin. According to IntoTheBlock data, its volume saw a steady recovery, hinting at renewed interest among market participants.
This uptick in activity suggested that the bulls may have enough momentum to challenge the $8 level.
đž On-chain metrics offer optimism
Beyond price action, Renderâs on-chain metrics also painted a promising picture. For instance, altcoinâs active address count and transaction volume have steadily climbed higher throughout the rally.
This often indicates a high network utility and investor participation-key sentiments for sustained upward price movement.
Renderâs recent performance also aligned with the broader crypto market trend. The cryptocurrency market has recently turned bullish, fueled by favorable macroeconomic indicators and adoption.
The altcoin could benefit further if this positive overall market sentiment sustains.
For RNDR to break the $8 resistance, sustained buying pressure is vital. Coinglassâ liquidation heatmap data painted an optimism picture among the long position takers.
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