Morning analysis:
Judging from the latest market trends, the overall market trend is sideways, and the trend is slightly upward. In the short term, the overall market will be in the range of 57000-59500, Ethereum will still be in the range of 2300-2450, and Sol will be in the range of 132-141.
Today is Friday, and as usual, there will be a correction on Fridays, but the overall market trend is still relatively good, and the slowly rising trend has not been disrupted.
There is currently no other news influence, so I personally think it is still difficult to see a big market trend. We have to wait for the stimulus from news next week.
Bitcoin starts to move upward! Ambush 5 cryptocurrencies and increase 100 times in this bull market!
1. GHOST
Aave not only benefits from the overall market recovery, but is also supported by strong fundamentals. Aave DAO proposed to incorporate Coinbase's new Bitcoin wrapper cbBTC into its v3 protocol, which will increase liquidity and participation in the DeFi ecosystem. In addition, Aave announced that the Ether.fi market deployment is complete and plans to launch Ethena's v3 market soon. These developments help increase Aave's influence in the DeFi field and drive its price up.
Aave’s current price fluctuates around $150 and has recently risen by more than 10%. If the market continues to recover, Aave is expected to gain further room for growth, especially in the context of Bitcoin’s continued rebound.
2.GRT
The Graph is a decentralized data indexing protocol widely used in DeFi and blockchain applications. Recently, as the crypto market has picked up, GRT has also recorded significant price increases. As an infrastructure token, The Graph’s utility and market demand continue to grow, giving it the potential to rise further in the future.
Overall, the prices of Aave, MANA, and GRT may see a strong rebound driven by the recovery of the cryptocurrency market. Especially in the context of short positions being liquidated and bullish market sentiment, the upside potential of these three tokens is expected to be large.
3.OK
If the Ethereum-based project lists major updates, this could lead the Ondo price to retest its upper resistance level of $1.26 this year. On the other hand, stricter regulation/bearish action could pull the price down to a low of $0.444. In this way, the average price of the Ondo crypto token could stabilize around $0.852.
With the adoption and growth of the decentralized finance (DeFi) ecosystem, the price of this token is expected to rise significantly in the coming period. If the market keeps the Ondo cryptocurrency above the psychological support level of $1.00, it may move towards the upper limit of $1.72. However, with a bearish reversal or market uncertainty, the Ondo coin price may drop to $0.571 with an average trading price of $1.145.
4. TREES
In the Solana ecosystem, BOME is quietly accumulating the power to become a hit. Although the price has not risen significantly since it was listed on Binance, the powerful market maker behind it has not yet fully erupted. It took only three days from its initial issuance to its successful listing on Binance, which shows that it has strong support and a high degree of market consensus.
Once its trading volume begins to increase rapidly, BOME is likely to reproduce the amazing growth of PEPE. At present, the price of BOME is close to the bottom area, and the possibility of a rebound is increasing day by day. As a currency in a low market, BOME has a very broad room for growth, and it is very likely to trigger a round of remarkable price increases in the future.
5.DOGS
Black and white Dogecoin (DOGS) has a 100-fold growth potential, which is not an empty talk. Although some people have doubts about the unlocking issue, there is almost no such worry about DOGS because it has achieved full circulation and the chips have been widely distributed to retail investors.
As the leading meme coin of TON ecosystem, DOGS combines the long-term development potential of TON and the hot characteristics of meme coins. Once the bull market comes, it is not difficult to increase 100 times. Although this process may take 1 to 5 years, there are stocks at present, so you can wait with peace of mind. It is very likely that DOGS will achieve a 10-fold increase next year. Now is the best time to lay out. Seize this opportunity and the future is promising!
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