BlackRock, Nasdaq, and SEC officials held a second December meeting to address rule changes for the anticipated listing of spot Bitcoin ETFs.BTC maintains a strong uptrend, indicating potential for continued upward movement.Possibility exists for Bitcoin to gain momentum, surpassing the $45,000 mark.According to Coingabbar Technical Analysis, On December 18th, BTC found support at $40,500 and initiated an upward trend.The price encountered resistance around $43,500 but faced another obstacle, leading to a drop to $41,800.Recent developments include discussions on Bitcoin ETF, BlackRock, Nasdaq meeting with the SEC, contributing to a rise in BTC.Despite facing resistance, BTC breached the $43,500 hurdle and traded above $44,000 levels.A bullish candle formed on the daily chart, and BTC broke and closed above the Symmetric Triangle pattern.BTC is currently positioned close to the upper limit of the double bottom reversal range.If BTC successfully closes above the channel, a new high is anticipated with a rally towards $50,000.Conversely, if BTC fails to surpass $45,000, a sharp selling scenario may unfold, testing $42,000-$40,000 levels again.
KEY LEVELS :
RESISTANCE LEVEL : $44,200-$44,700
SUPPORT LEVEL : $43,300-$42,800
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#BTC #BinanceWish #crypto2023 #dyor #BullRunPredictions $BTC

Ethereum is on an upward trajectory, engaged in a retest of its breakout zone within an ascending triangle.The current retest of Ethereum's breakout zone suggests a potential price target of $3,500.According to Coingabbar Technical Analysis, Ethereum's price faces challenges reclaiming $2,250, contrasting with Bitcoin's $43,500 breakthrough.ETH exhibits worrisome indicators, suggesting vulnerability to a significant downturn.Struggling to surpass the $2,250 resistance, Ethereum is encountering hurdles in upward momentum.Trading under $2,200 and the 100-hourly Simple Moving Average, price weakness persists.Prolonged stay below $2,250 may trigger substantial declines for the Ethereum pair.Ethereum undergoes a retest of the ascending triangle breakout line.The 4-hour chart reveals ETH trading within a descending channel.
KEY LEVELS :
RESISTANCE LEVEL : $2,270-$2,330
SUPPORT LEVEL : $2,180-$2,130
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#crypto2023 #dyor #BullRunPredictions $ETH #BinanceWish #BTC

Stablecoin issuer Circle takes a significant step by introducing its EURC stablecoin directly on the Solana blockchain.Users now have access to more economical Euro transactions, circumventing the high "gas" fees associated with Ethereum.The 4-hour chart of the SOL/USD pair reveals a notable development – a breakthrough above a key bearish trend line with resistance around $76.00.According to Coingabbar Price Analysis,Solana initiates a new upward trend starting from the $67.00 zone against the US Dollar.Similar to Bitcoin, Solana's price maintains a position above $76.00 against the US Dollar, setting the stage for potential strength.SOL could witness substantial growth if it successfully surpasses the $80.00 resistance level.The lower trendline of the wedge pattern serves as a safety net  during the ongoing robust recovery.Anticipation builds for a bullish breakout from the wedge pattern, intensifying buying interest from the market. SOL experienced a notable 15% upswing on December 18th, triggered by a reversal from the lower trendline, reaching the current trading price of $77.00.The main query persists: Will Solana successfully breach the $80 hurdle, or is there a possibility of a downturn once again?
KEY LEVELS :
RESISTANCE LEVEL : $80.00-$83.00
SUPPORT LEVEL : $75.00-$72.00
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
#crypto2023 #dyor #DYOR🟢 #BinanceWish #BullRunPredictions $SOL

Over the course of the previous week, Ethereum (ETH) has garnered significant interest from investors as it steadily approaches the price range of $1900. In parallel to several assets that have experienced gains within the market rally driven by Bitcoin, Ether, also referred to as ETH, has observed a 5.85% increase over the past seven days. Consequently, its whole price surge over the course of the previous four weeks amounts to 15.17%.

Significantly, a recent migration of whales has engendered heightened conjecture regarding ETH, giving rise to predictions that the foremost alternative cryptocurrency may imminently undergo a substantial increase in value.
According to a recent publication on X, Lookonchain, a blockchain analytics platform, reported that a prominent Ethereum (ETH) investor, identified by the wallet address "0xb15," recently acquired a substantial amount of 8,698 ETH from the Binance exchange. This transaction amounted to a valuation of around $15.94 million. Additionally, during the acquisition process, the investor deposited a significant sum of 31.8 million USDT.

The aforementioned Ether investor's previous actions have garnered significant scrutiny, resulting in heightened focus on this particular transaction. Widely recognized as an intelligent cetacean, the entity referred to as "0xb15" has engaged in a total of eight Ethereum (ETH) transactions since February 12, exhibiting a notable success rate of 87.5% and accumulating a combined profit of $13 million, as reported by Lookonchain.
Specifically, this intelligent cetacean is renowned for engaging in the practice of purchasing assets at a cheap price and subsequently selling them at a higher one. In a recent transaction, a deposit of 24,495 ETH (equivalent to $45 million) was made on the Binance platform on November 2. This deposit followed the acquisition of 24,548 ETH, valued at $39.8 million. As a result, a profit margin of roughly $5.47 million was achieved.
After the acquisition made by the individual with the identifier "0xb15" on the first day of the week, it is probable that several traders are currently exercising increased vigilance, as this transaction suggests that the prominent investor is expecting a sustained upward movement in the value of Ether throughout the next period of several days.
Upon analyzing the daily chart of Ether, it can be observed that the cryptocurrency has potential to surpass the $1900 price threshold, given the sustained buying pressure. Nevertheless, it is essential for investors to take into consideration the Relative Strength Index (RSI) of the token, which now stands at 71.43. This value suggests that the token has entered the overbought territory, perhaps signaling an upcoming trend reversal.
The Market Records of #Ethereum (ETH) The weekly outflow of funds from the largest centralized cryptocurrency exchanges (CEXs) has reached its highest level since the month of August.
According to statistics provided by IntotheBlock, centralized exchanges (CEXs) have recently seen a significant outflow of Ether amounting to $210 million during the past week. This signifies the altcoin's most substantial weekly withdrawal from centralized cryptocurrency exchanges (CEXs) since the month of August.
The presented data just indicates the prevailing optimistic feeling in the ETH market, since the decrease in the token's availability on exchanges signifies heightened buying activity by investors.

As of the present moment, the current market value of Ether is at $1890.95, exhibiting a 2.61% increase throughout the past 24 hours. Nevertheless, the daily trading volume of the token has experienced a decline of 11.485 units and is currently valued at $6.02 billion. Ethereum, boasting a market capitalization of $227.4 billion, continues to hold its position as the second-largest cryptocurrency globally.
#crypto2023 #BullRunPredictions

Steingraber's argument is predicated on the concept that banks should store XRP as a reserve asset, similar to how gold is now held. The possible transformation in how financial institutions see XRP is emphasized by the fact that he makes it clear that "Banks holding XRP, that's the Holy Grail." This modification would increase the status of the cryptocurrency, establishing it not just as a type of cryptocurrency that can be used for transactions but also as an asset that is fundamental to the functioning of banking operations.
Steingraber predicts a future in which financial institutions would develop private ledgers for their internal operations, which will need them to maintain considerable reserves of XRP. According to his explanation, "Banks will create a Private Ledger and HOLD XRP as a reserve asset in the same way that a central bank will hold gold as a backing asset." This method of utilizing XRP is analogous to the conventional banking system's dependence on gold, which suggests that there is a paradigm change occurring in the management of digital assets.
In addition to this, the theory emphasizes the significant function that liquidity hubs, such as Metaco, play in the emerging financial ecosystem. It is pointed out by Steingraber that in order to enable transactions between banks, these hubs would need to have substantial amounts of XRP in their possession. "The LHs also hold a balance of XRP because they are the third party exchange that requires a transfer on the XRPL of the issued IOU Derivative into another IOU Derivative," he observes, highlighting the significance of XRP in this process. "The LHs are the third party exchange to hold a balance of XRP."
One of the most important aspects of Steingraber's argument is the subsequent shortage of XRP in the public market as a result of money being accumulated by banks. He makes a prediction that there will be a big change in the public supply, noting, "The public quantity of XRP that is circulating on cryptocurrency exchanges is far smaller than people realize... "The banks are going to come for the public supply of XRP when they are ready, and once they have it, it will be gone forever." It is believed that this anticipated scarcity would cause financial institutions to experience fear of missing out (FOMO), which will result in a quick depletion of XRP's availability to the general public.
Steingraber's thesis culminates in the forecast of a significant increase in the price of XRP. This increase is driven by the combined impacts of banks using it as a reserve asset, the establishment of private ledgers, the critical role of liquidity hubs, and the public supply shortage that results from all of these factors. He envisions a future in which the value of the cryptocurrency may explode as a result of these causes, with the possibility of reaching a sum of twenty thousand dollars.

#xrp #crypto2024 #BullRunPredictions $XRP

Avalanche : The tiny transaction fees in "Avalanche" save builders a ton of money on overhead costs.
Solana: Over seven thousand people took part in the Hyperdrive Hackathon in November, and over nine hundred projects were created.
Cardano : is a proof-of-stake blockchain technology that aims to provide improved security and scalability.
However, if investors are looking to gain a leg up in 2024, there are three cryptocurrencies that I strongly suggest adding to your portfolio.
Avalanche

Unique among smart contract platforms, Avalanche's three-chain design (X-Chain, C-Chain, and P-Chain) allows it to perform 6,500 transactions/second. An active and growing community of developers is evident on the C-Chain, as the number of smart contract installations has increased.
Late November saw the issuance of 9.54 million AVAX tokens, which coincided with Avalanche's month-to-date rise. This shows that market absorption has been resilient and demand has been sustained. This happened when the gas fees for Ethereum (ETH-USD) were rising; in December, Ethereum's gas cost was $4.66 per transaction, while Avalanche's median gas cost was just $0.051.
Layer one blockchains like Avalanche establish the groundwork for a wide range of uses. As a blockchain network that can be customized, it competes with Ethereum. Despite certain bearish on-chain signs and a little decrease in large transaction volume, the majority of unit holders are still making money, which shows how enthusiastic people are about Avalanche. The next objective for AVAX's upside is somewhere around $80.
Solana

With a 3% gain in the past day and an impressive $4.55 billion in trading volume, Solana has recovered from the critical $100 support level and is now trading at $104.25. Solana is the fifth most valuable cryptocurrency on CoinMarketCap, with a market valuation of over $44.74 billion and a total of 429,177,917 SOL coins in circulation.
Many are watching Solana's reaction to these market factors with bated breath, hoping that this surge will propel the cryptocurrency to new heights.
Also, investor Cathie Wood lauded Solana for having better utility than Ethereum, which caused its price to rise. After Wood endorsed SOL on CNBC, its market valuation skyrocketed, placing it among the top five cryptocurrencies. Consistent with Wood's assessment of its efficiency relative to ETH, analysts predict a surge in 2024.
Cardano

The emphasis on security and empirical approaches of Cardano has garnered a substantial following. The project's methodical approach appealed to investors who were looking for rewards in the long run. The price of Cardano surged to roughly $0.60 in 2023, more than doubling its value. The project's impressive success in recent weeks disproved early doubts.
Given its lesser market valuation in comparison to Bitcoin, Cardano is in a favorable position to potentially benefit from Bitcoin rallies and events following the halving. Experts say that Cardano is one of the most stable cryptocurrencies, with a reasonable risk-reward ratio and a possible gain of 2,800% for investors.
Also, a group of whales bought 100 million ADA when ADA dropped to $0.86, suggesting short-term positive sentiment. Beyond the ebb and flow of market sentiment, Cardano is a cryptocurrency to keep an eye on due to institutional interest and continuous ecosystem advances including decentralized governance and improved network functionalities.
#crypto2024 #cryptocurrency #BullRunPredictions