🚀🌕 Moonwell, a top lending platform on the Base blockchain, has seen a sharp decline, erasing October gains. The WELL token dropped to $0.07113, 36% below its all-time high, yet remains 677% above its July low. Despite the dip, Moonwell's growth is notable, with $800K in fees generated since October and a total value locked at $116M. Analysts suggest this pullback might be a good entry point, predicting a potential surge to $1.50. What are your thoughts on Moonwell's future? Share in the comments! 📈
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The $PROS /USDT pair on the 15-minute chart is displaying impressive upward momentum, currently trading around 0.5909, with a notable daily gain of nearly 38%.
Recently, it reached a high of 0.6248, establishing this level as key resistance. A sustained move above 0.5950 could signal the continuation of the bullish trend, providing a possible entry point for traders looking to capitalize on the momentum.
Key take-profit targets are set at 0.6100 (TP1), 0.6300 (TP2), and 0.6500 (TP3), aiming for incremental gains as the price potentially climbs higher. However, it is essential to monitor the support level around 0.5700; a drop below this point could indicate a pullback or potential reversal.
For risk management, placing a stop-loss at 0.5600 would provide a safety buffer, protecting against unexpected downside movement.
This setup offers a structured approach for traders to benefit from PROS's strong upward trend while keeping risk under control.
#Therapydogcoin #PensionCryptoShift #NovemberMarketAnalysis #EthereumWhitepaper
{spot}(PROSUSDT)
The $SANTOS /USDT pair on the 15-minute timeframe is displaying a strong upward trend, currently trading around 4.638, with a remarkable daily gain exceeding 15%.
The recent high of 5.037 represents a crucial resistance level that SANTOS needs to break for a sustained rally. Traders might consider entering a long position if SANTOS stabilizes above 4.650, signaling continued bullish momentum.
Key take-profit targets are set at 4.750 (TP1), 4.850 (TP2), and 5.000 (TP3), providing stepwise opportunities to secure profits as the price progresses.
On the downside, the support level around 4.500 should be closely monitored; a break below this level could indicate a potential trend reversal. To manage risk, a stop-loss at 4.480 is advisable.
This setup outlines both upside potential and clear risk parameters for traders looking to capitalize on SANTOS's momentum.
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{spot}(SANTOSUSDT)
🚀 Bitcoin's on a rollercoaster, but economist Alex Krüger predicts it might never dip below $60K again! With a 50% chance, it's like flipping a coin—heads, you win; tails, you still win!
- Post-election buzz has Bitcoin enthusiasts on the edge of their seats, with some analysts eyeing a potential rally to $80K by 2024. 🎢
- Meanwhile, Bitcoin's "floor price" is playing limbo with the $40K mark, according to Adam Back's 200-week moving average.
- As the crypto world watches political drama unfold, Bitcoin's future seems as unpredictable as a cat meme!
🚀 Bitcoin's on a roll, and it might just be here to stay above $60K! Economist Alex Krüger suggests there's a 50% chance we'll never see Bitcoin dip below this mark again. Some analysts are even eyeing $80K by 2024, thanks to market dynamics and political winds.
- Bitcoin's "floor price" is now above $40K, backed by the 200-week moving average, says Blockstream's Adam Back.
- Meanwhile, the CVDD metric pegs Bitcoin's bottom at $26,520.
What do you think? Will Bitcoin soar to new heights or take a breather? Share your thoughts below! 💬
**Bitcoin's Future Value Sparks Debate**
Bitcoin's price dynamics are stirring discussions, with economist Alex Krüger suggesting a 50% chance that Bitcoin may never dip below $60,000 again. This prediction coincided with the U.S. election day, adding focus on cryptocurrencies. Bitcoin recently hit a low above $66,815 but bounced back to over $68,750.
Analysts foresee potential volatility post-election, with some, like Bitfinex, forecasting a surge to $80,000 by 2024, possibly influenced by political outcomes.
Meanwhile, Bitcoin's 200-week moving average, a key trend indicator, surpassed $40,000, hinting at a strong market floor, according to Blockstream's Adam Back.
🚀 XRP on the Rise! 🚀
XRP's price surged to $0.52, gaining 5% after a recent dip, as traders eye the upcoming U.S. election. Analysts like Brett and Dark Defender suggest a potential bull run, with targets at $0.5286, $0.60, and $0.66. 📈
Ripple's Q3 report highlights institutional interest, despite ongoing SEC litigation. A new U.S. administration could impact XRP's future, with a possible end to legal hurdles.
Chart patterns show mixed signals: a bullish double-bottom at $0.4916 and a bearish double-top at $0.6437. What's your take? Share your thoughts below! 💬
"Cardano is one of the most decentralized Layer 1's and there's a thriving ecosystem of applications... with Voltaire, we will be the largest DAO in the world." – CTO Giorgio Zinetti (@giozzi).
In his keynote at #CardanoSummit2024, Giorgio highlighted Cardano's evolution, focusing on decentralization, high-performance applications, and innovative governance models.
Watch the full keynote here: