🤩🤩🤩 $BTC Price Rebounds: What’s Next for #bitcoin ?

Bitcoin Price Recovery Gains Momentum at $97,876, Eyes $100K Resistance

- Bitcoin has initiated a recovery wave, currently trading at $97,876, with potential for further gains if it clears the $100,000 resistance zone.

Key Highlights:

1. Bitcoin is trading above the $97,000 level and the 100-hourly Simple Moving Average (SMA).

2. A key bearish trend line was broken near $95,000 on the BTC/USD hourly chart (data from Kraken).

3. The price could continue rising if it holds above the $96,000 support zone.

Bitcoin’s Price Action:

- Bitcoin found support near $92,500 before starting its recovery, breaking above the $94,500 and $95,000 resistance levels.

- The breakout above a bearish trend line near $95,000 pushed the price past $97,000, approaching the $100,000 barrier. BTC is now consolidating near $97,876, maintaining strength above the 100-hourly SMA.

Upside Targets:

- Immediate resistance is at $99,000, with a key hurdle at $99,500. A decisive move above this level could send BTC toward $100,000. A close above $100,000 might pave the way for further gains, with targets at $102,500 and potentially $104,000.

Downside Risks:

- Failure to surpass $99,000 could trigger a pullback. Initial support lies at $96,000, with stronger support near $95,000, corresponding to the 50% Fibonacci retracement level. A break below $95,000 could push the price toward $93,200 or even $92,500.

Technical Indicators:

- Hourly MACD: Gaining bullish momentum.

- Hourly RSI: Above 50, indicating positive sentiment.

Support Levels:

- Major Supports: $96,000 and $95,000.

Resistance Levels:

- Major Resistances: $99,000 and $100,000.

With Bitcoin currently at $97,876, a move above the $99,500 resistance could set the stage for testing the $100,000 level and beyond.

#CryptoTrends #BinanceSquareBTC #bitcoinbullrun2024

🚀🚀🚀 Can #Toncoin ($TON ) Break $10 by 2025? Key Drivers to Watch

Toncoin (TON) Signals Recovery Amid Market Correction

- Toncoin (TON) is showing resilience as it holds steady at $5.61, despite Bitcoin’s ($BTC ) drop below $94k. Maintaining its momentum, TON has retained critical support levels for months. With a fully diluted valuation of $27.6 billion and $285 million in daily trading volume, TON hints at a bullish breakout.

Technical Highlights

- Forming a symmetrical descending triangle on the weekly chart.

- RSI rebounds around 50%, supported by a bounce from the 50-week SMA, signaling potential upward momentum.

Ecosystem Growth

Toncoin’s web3 ecosystem, heavily backed by Telegram, continues to expand:

- Over $1B in #Stablecoins added following Tether integration.$247M in Total Value Locked (TVL) across DeFi projects.

- Surpassing 5M daily active users, fueled by mini apps like Notcoin (NOT).

Telegram’s Impact

- $1B revenue in 2024, with 12M+ premium subscribers.$500M+ in cash reserves (excluding crypto holdings).

- Seamless integration of mini apps drives TON adoption and activity.

2025 Price Scenarios

- Bullish: Breaking above the triangle could push TON beyond $10.

- Bearish: A retest of $5 before rebounding to new highs in H1 2025.

With robust technical signals, ecosystem growth, and Telegram’s strategic support, Toncoin remains a top contender for 2025.

#BinanceSquareTalks #CryptoMarket #Toncoin

🚀🚀🚀 Shiba Inu (SHIB) Price Targets: Can $0.000494 and $0.00632 Become Reality?

#shibaInu Investors Eye Massive Gains: $0.000494 and $0.00632

Price Targets

- Shiba Inu ($SHIB ) could deliver significant returns if it achieves ambitious price targets of $0.000494 and $0.00632. Despite recent market challenges, SHIB’s supporters remain optimistic.

Current Performance

- SHIB has struggled amid a broader crypto market downturn, losing 10.21% in the past 30 days and hitting a low of $0.00002095. However, it rebounded slightly to $0.00002214 at press time.

- While some investors have sold off, others see the dip as a chance to accumulate more SHIB, banking on the token's potential to rally to its lofty price goals.

Portfolio Value Analysis

Value of 300M, 900M, and 1.5B SHIB at $0.000494

- At the current price of $0.00002214, purchasing 300 million, 900 million, and 1.5 billion SHIB would cost $6,642, $19,926, and $33,210, respectively.

If SHIB reaches $0.000494 (a 2,131% increase):

- 300M SHIB: Worth $148,200

- 900M SHIB: Worth $444,600

- 1.5B SHIB: Worth $741,000

Value at $0.00632

If SHIB climbs to $0.00632 (a 28,445% surge):

- 300M SHIB: Worth $1.89M

- 900M SHIB: Worth $5.68M

- 1.5B SHIB: Worth $9.48M

Can SHIB Hit $0.000494 or $0.00632?

- Reaching these targets would require extraordinary growth. A rally to $0.000494 demands a 2,131% increase, while hitting $0.00632 requires a staggering 28,445% surge.

Analyst Predictions

- Changelly predicts SHIB could reach $0.000494 by April 2033 and $0.00632 by June 2040.

- CryptoELITES forecasts SHIB may hit $0.000472 during the 2024/2025 bull run.

- Cantonese Cat suggests SHIB could climb to $0.00047 in the near term, based on trading indicators.

- Crypto Basic projects a 30,385% gain to $0.0065329, similar to SHIB’s performance after the 2020 halving event.

Conclusion

SHIB's ambitious targets of $0.000494 and $0.00632 showcase its long-term potential, fueling investor interest despite divided opinions.

#BinanceSquare #CryptoMarketAnalysis #shibpriceprediction

🔥🔥🔥 $ETH Price Struggles for Comeback: Will Bulls Prevail?

Ethereum Price Update: Key Levels to Monitor

Current Price: $3,403

- Ethereum is stabilizing after slipping below $3,450. A rebound is possible if it clears the immediate resistance at $3,445.

Key Insights

1. Recent Decline: ETH fell below $3,450 and $3,400 but found support above $3,200, signaling potential recovery.

2. Trend Break: A break above the bearish trendline at $3,300 indicates a chance for upward movement.

3. Resistance in Focus: The $3,445 level aligns with the 61.8% Fib retracement from the $3,553 high to the $3,220 low and poses the first challenge.

Support and Resistance Levels

1.Support Levels:

- $3,300: Immediate support to watch.

- $3,220–$3,200: Critical zone holding recent lows.

- $3,120 and $3,050: Deeper supports if selling pressure intensifies.

2. Resistance Levels:

- $3,445: Key barrier for a recovery.

- $3,500: A major hurdle for bullish momentum.

- $3,550–$3,650: Breakout zone for stronger gains.

Technical Indicators

- #MACD : Bearish momentum is fading, signaling potential consolidation.

- RSI: Above 50, indicating recovery prospects.
Outlook

With Ethereum priced at $3,403, breaking $3,445 and $3,500 could push it toward $3,550 or higher. However, a drop below $3,300 may test the $3,200 support, with further declines targeting $3,120 or lower. Traders should monitor these levels for short-term direction.

#CryptoMarket #BinanceSquare #ETH🔥🔥🔥🔥🔥🔥

👉👉👉 #ElonMusk's SpaceX Leverages #Stablecoins for Currency Hedging

#spacex Uses Stablecoins to Avoid Forex Risks

- Chamath Palihapitiya revealed on the All-In podcast that SpaceX leverages stablecoins to mitigate foreign exchange risks, especially in countries with volatile currencies. Payments for Starlink services are collected in stablecoins, then converted to U.S. dollars.

The Advantage of Stablecoins

- Stablecoins provide a hedge against forex risks by maintaining consistent value, bypassing traditional banking systems’ inefficiencies and fees. Palihapitiya emphasized that reducing transaction costs—like Stripe’s 3% fee—could significantly boost global GDP.

Rising Competition

- Stablecoin providers like #tether and Circle are challenging banks and payment giants such as MasterCard and American Express, offering faster, cheaper cross-border transfers.

Elon Musk's Crypto Vision

- Elon Musk’s crypto-friendly stance extends to SpaceX and Tesla, which has profited over $1 billion from #bitcoin . On X (formerly Twitter), Musk introduced cryptocurrency tipping, fueling speculation about its role in future payments.

Conclusion

SpaceX’s adoption of stablecoins highlights their growing importance in global commerce, offering cost-efficiency, speed, and protection against currency volatility.