Today is the 28th, which is Thanksgiving, a major holiday in the United States (the 4th Thursday of November every year). Does Bitcoin usually fall on this day?
Bitcoin's chance of falling is as high as 70%
According to Coinglass data, in the past 10 years (2014-2023), Bitcoin closed down 7 out of 10 Thanksgiving Days, with a probability of decline as high as 70%. Only in 2014, 2015 and 2021 did it not fall.
In terms of probability, it seems that the market is really inclined to close lower.
The probability of a positive close in November is 60%
The probability of closing higher in November is 60%, and so far this month, Bitcoin has risen by more than 33%, the third-best November gain in the past decade.
More than a decade ago, someone online advised everyone to buy $1 of $BTC. They almost begged, just buy one dollar, you won't lose anything. Now, well, $1 BTC is worth $100,000.
And today Bitcoin breaks the curse again, soaring to 97,000! ENS skyrocketed by 363%, ZEN surged by 160%!
Bottom-fishing 4 altcoins that could explode 100 times in the future!
1.XRP
Ripple recently announced a partnership with Archax, a digital asset exchange regulated by the UK's Financial Conduct Authority (FCA). They are jointly working to launch a tokenized money market fund on the XRP Ledger (XRPL). This initiative is part of Ripple's broader strategy involving its $3.8 billion dollar liquidity fund (Lux).
This is the first time a tokenized money market fund has been implemented on the XRPL blockchain. Ripple has decided to explore this area, which aligns with the growing interest in tokenized finance. As part of the collaboration, Ripple has invested $5 million to purchase tokens linked to the abrdn Lux fund.
This development seems to have affected XRP's market performance. The recent trading price of the token is $1.46, an increase of 3.80%. In the past week, XRP has risen by 30.29%, and its price has skyrocketed by 178.44% in the last 30 days.
2.ACT
Act is a community formed around the concept of 'driving the future of AI'. It is not a tech coin, it has no utility, and it is not an AI agent. It is an AI meme coin.
The act community is doing everything possible to help AI meme development, and currently, many AI agents are already working around act.
As the only AI meme traded on major exchanges, act = AI meme track index.
3.SOL
Solana (SOL) has recently experienced significant price fluctuations. In the past month, its price has skyrocketed over 30%, reflecting strong bullish momentum. However, last week the price dropped by about 3%, experiencing some short-term consolidation. Over the past six months, SOL's increase has exceeded 38%, showing a strong upward trend.
From the data, SOL's price may continue to rise. The current price range is between $233 and $268, hovering around the 10-day simple moving average near $230. The RSI is about 46, indicating that the token is neither overbought nor oversold. The stochastic indicator is also at a moderate level of 61. The MACD level is slightly negative, which may indicate a potential upward movement soon.
If the price breaks through the recent resistance level of $283, the next resistance level may be targeted at $318, indicating a potential increase of about 20%.