With the crypto market reaching a valuation of $3.15 trillion, Bitcoin has created a new all-time high (ATH), surpassing the $97,000 mark.
After three consecutive bullish weeks, Bitcoin’s price has risen by more than 40%, forming a triple white soldier pattern. This surge in bullish sentiment increases the chances of a potential parabolic bull run ahead.
$WBTC
{spot}(WBTCUSDT)
/USDT Technical Analysis
The WBTC/USDT pair is showing signs of bullish momentum, with a current price of $96,806.06 (+4.64%). Here's a quick look at potential targets:
🎯 Target 1: $98,000
This is the immediate resistance level. A breakout above this could signal further upward movement. Traders may consider this a take-profit zone for short-term gains.
🎯 Target 2: $100,000
A psychological barrier and a key level to watch. If WBTC gains enough momentum, this could act as a significant milestone.
🎯 Target 3: $105,000
A stretch target that reflects a potential extended rally. This would require strong volume and sustained buying pressure.
Current Support: $92,000
WBTC's support zone could provide stability if the price retraces.
Stay updated for potential breakouts or reversals. What’s your trading strategy for WBTC/USDT?
An anonymous investor has drawn attention within the crypto community after acquiring a vast amount of PEPE tokens in one transaction.
According to Lookonchain, the unknown investor spent $2 million worth of USDC to purchase 105,328,301,633 (approximately 105.33 billion) PEPE in a single transaction.
The transaction, which marks the user’s first-ever PEPE purchase, occurred on November 20 at 06:36 p.m. (UTC). Before the transaction, the user deposited $1 million worth of USDC and an additional $999,999 to the address before scooping the 105.33 billion PEPE tokens.
At press time, the address has a balance of 105.33 billion PEPE tokens, representing the portfolio’s largest asset by dollar value.
#Pepecoin #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewss
🚀 Solana (SOL) Price News Today: Elliott Wave Technical Analysis & Price Update! 📊
If you're tracking Solana ($SOL ) and its price movements, today's update is packed with Elliott Wave analysis to help you stay ahead of the market!
🧐 What is Elliott Wave Analysis?
Elliott Wave Theory is a popular technical analysis tool used to predict the future movement of a cryptocurrency based on its past price patterns. It breaks down price action into waves that can help traders identify market trends, corrections, and potential breakout points.
📉 Current Solana (SOL) Price Analysis:
Here’s where Solana stands according to the Elliott Wave model:
Wave 1 (Initial Bullish Surge): Solana saw a strong upward movement at the start of its recent bull run, which is part of the first wave. Investors who got in early were able to capitalize on this surge.
Wave 2 (Correction): After hitting highs, Solana experienced a correction, which is typical in Elliott Wave theory. This correction could be an opportunity for bargain hunting as the market consolidates and prepares for the next wave.
Wave 3 (Next Major Bullish Push): Wave 3 is often the longest and most powerful wave in Elliott Wave theory.
Wave 4 (Subtle Correction): After the Wave 3 surge, Solana might experience a slight pullback, which is typical as traders lock in profits. This is likely to be a smaller correction compared to Wave 2.
Wave 5 (Final Push):
💥 Price Target & Prediction:
Based on Elliott Wave analysis, Solana's price could be aiming to reach new local highs. A break above the $100 mark could signal the start of a strong bullish wave, while a dip towards $70-$80 could present a buying opportunity before the next leg up.
⚠️ Key Considerations:
Do you think Solana is about to break out? 📈 Let me know your thoughts in the comments below!
#Solana #SOL #CryptoAnalysis #ElliottWave #CryptoPrediction #SolanaPriceUpdate #SOLPrice
🔥 PNUT MEME COIN PRICE | Peanut The Squirrel Crypto Review (My Honest Opinion!) 🐿️💰
If you're into meme coins or looking for the next big thing in the crypto world, $PNUT (Peanut the Squirrel) might be catching your attention. But what’s the real story behind this meme coin? Let's dive into the PNUT coin review and price prediction, so you can decide if this is worth your investment!
📊 PNUT Coin Overview:
Peanut the Squirrel (PNUT) has taken the crypto space by storm as a fun, community-driven meme coin.
Strong Community Support: Like other successful meme coins, PNUT is built around a passionate community. The more users rally behind this coin, the higher the chances it could see major price rallies. A strong and engaged community is key to PNUT’s success.
Unique Branding: With a cute and unique branding around Peanut the Squirrel, the coin brings some fun to the crypto space. People love meme coins because they feel part of something special. As PNUT gains more exposure, the brand’s recognition could drive demand.
Speculative Potential: Meme coins, by nature, are speculative investments, driven by community hype and social media trends. If PNUT goes viral on platforms like Twitter and Reddit, its price could skyrocket, like many other meme coins before it.
🚀 PNUT Coin Price Potential:
Short-Term Growth: If the meme coin trend continues into 2024 and PNUT gains more traction, we could see a surge in its price as more people get involved.Long-Term Viability: While meme coins can explode in value, they are also highly speculative.
⚠️ Key Takeaways:
PNUT is a meme coin with high speculative potential.It’s driven by community support and branding.Be cautious of market volatility and only invest what you can afford to lose.
Do you think PNUT has what it takes to make it big? 💬 Let me know your thoughts in the comments!
#PNUT #PeanutCoin #MemeCoin #CryptoReview #CryptoCommunity #MemeCoinInvesting #PNUTPricePrediction
🚀 Crypto Buzz Alert! 🚀
- **Avalanche (AVAX)** is gearing up for a major token release, adding 1.67 million tokens to its ecosystem. With a stable price of $34.93, AVAX aims to boost liquidity and engagement. How will the market react? Share your thoughts below!
- **Solana (SOL)** hits a 3-year high at $244.35, just 6% shy of its all-time peak. With a 52% surge this month, SOL's momentum is undeniable. Will it break records? Let's discuss!
- **Yeti Ouro (YETIO)** is turning heads with a 20% presale bonus. This meme coin powers the thrilling Yeti Go P2E game, blending fun with utility. Are you in? Comment your take!
**News Flash: North Korean Hackers Behind Upbit Crypto Heist**
South Korean authorities have officially identified North Korean hacker groups Lazarus and Andariel as the culprits behind the 2019 Upbit cryptocurrency hack. The breach resulted in the theft of 342,000 Ether, valued at $50 million at the time. With Ether's recent price surge, the stolen amount now exceeds $1 billion.
This marks the first confirmation of North Korean involvement in a crypto hack by South Korean investigators. Despite confirming the perpetrators, details of the hacking methods remain undisclosed to prevent copycat crimes. Meanwhile, Upbit faces scrutiny for potential KYC violations, risking hefty fines and business license issues.
$LTC Price Analysis – Key Levels and Targets
{spot}(LTCUSDT)
$LTC is currently trading at $88.54, up 3.51% in the last 24 hours. The price has rebounded sharply from recent lows, showing bullish momentum.
Key Levels to Watch:
Target 1 (Upside): $89.53
This is the 24-hour high and immediate resistance. A break above this level could signal continued upward movement.
Target 2 (Upside): $91.82
If the bullish momentum sustains, could test this significant resistance, reinforcing a strong recovery.
Target 3 (Downside): $81.54
On the downside, this support level is critical to watch. A drop below could indicate a potential reversal or correction.
Market Sentiment:
$LTC shows signs of bullish recovery. Traders should keep a close eye on these levels for the next decisive move.
#Litecoin #CryptoAnalysis #MarketTrends #CryptoTrading