đ¨ $SUI /USDT ALERT: Enter NOW at $3.5145 â Prepare for a Potential Move! đ¨
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The current price of $SUI /USDT is $3.5145, showing a 4.33% increase. The price is holding near key support and resistance levels, and we could see a breakout or retracement soon. On the 15-minute chart, the resistance level to watch is $3.55, as a breakout above this level could lead to further upward movement. On the downside, if the price drops below $3.48, it could signal a decline.
For this trade, the entry point is $3.5145, with three take-profit levels: TP1 at $3.55, TP2 at $3.58, and TP3 at $3.60. It's important to set a stop loss at $3.48 to manage the risk. Given the tight price movement, it's essential to act quickly and manage risks effectively.
#MarketInTheGreen #BitwiseFiles10ETFs
đ Exciting news for crypto enthusiasts! Binance, the world's largest cryptocurrency exchange, has launched Binance PayDay, a global shopping event running from Nov 28 to Dec 12. This initiative encourages the use of crypto for real-world purchases, offering a share of $200,000 in PEPE rewards! đď¸
- Shop with Binance Pay at selected merchants to earn cashback and rewards.
- First 19,480 users spending $20+ get $10 back in PEPE tokens.
- Top 100 high spenders share a $5,200 prize pool.
Join the crypto shopping revolution and experience the future of payments! Share your thoughts and shopping experiences in the comments below!
đ Bitcoin's rollercoaster ride continues! After dipping to $91,400, BTC bounced back above $95,000. But the $100,000 mark remains elusive, and some investors are on edge about a possible drop below $90,000. đ
With major options set to expire on December 27, traders are busy hedging their bets and taking profits. It's a thrilling time for the crypto market, and we're optimistic about the future! đ
What are your thoughts on BTC's next move? Share your predictions in the comments! Let's get the conversation going! đŹ
Standard Chartered calls stablecoins cryptoâs first âkiller appâ
According to a Standard Chartered report, stablecoins are shifting from initial use in crypto exchanges to broader applications in global finance.
The study indicates that stablecoins are increasingly used for purposes akin to traditional finance, such as saving and transacting in U.S. dollars and facilitating cross-border payments.
Standard Chartered comments on how stablecoinsâ dominant use case is evolving.
âThere is growing evidence of increasing stablecoin use for a variety of purposes akin to those provided in traditional finance.â
According to the report, one significant factor driving this shift is the demand for faster and more accessible cross-border transactions. Traditional correspondent banking systems have limitations, especially in emerging markets with declining access.
Stablecoins offer a solution by enabling the transfer of digital dollar assets at speeds comparable to email, bypassing the slow and sometimes unreliable traditional systems.
The report highlights that stablecoins are now being adopted for saving in USD terms, transacting in USD, and cross-border USD-to-USD transactions.
A survey cited in the study found that in countries like Brazil, Turkey, Nigeria, India, and Indonesia, 69% of respondents use stablecoins for currency substitution, 39% for paying for goods and services, and another 39% for cross-border payments.
While U.S. dollar-pegged stablecoins dominate the market, accounting for 99.3% of the market capitalization, thereâs a growing interest in non-USD stablecoins.
The emergence of stablecoins linked to other national currencies, such as the Turkish lira, indicates a potential shift towards more diverse offerings in the stablecoin ecosystem.
The report also notes that the stablecoin market cap is currently $163 billion, which is small compared to the overall financial markets but has significant room for growth.
#StandardCharted #stablecoins #Bitcoin #AltcoinSeason #CryptoNews
đĽ AltcoinMomentum: The Rise of Layer-2 Solutions đĽ
As Ethereum scales, Layer-2 solutions are stepping in to solve the congestion and high gas fees. These altcoins are making blockchain faster, cheaper, and more efficient.
đ§ Top Layer-2 Solutions to Watch:
1ď¸âŁ Polygon (MATIC): Simplifying Ethereum scalability with sidechains and reducing transaction costs.
2ď¸âŁ Arbitrum (ARB): A layer-2 rollup that brings speed to decentralized apps, revolutionizing Ethereum.
3ď¸âŁ Optimism (OP): An Ethereum scaling solution designed to speed up transactions and lower fees.
đĄ Why Layer-2s Matter?
With Ethereum gas fees on the rise, Layer-2s are solving scalability issues, ensuring a more accessible and sustainable blockchain ecosystem.
đŹ Pro Tip: Keep an eye on ecosystem development and user adoption when evaluating Layer-2 projects. These factors are key to long-term success.
đŁ Which Layer-2 are you most excited about? Drop your thoughts âŹď¸ !
#AltcoinMomentum #Layer2Solutions #BlockchainScalability #Ethereum $ETH $BTC $XRP
$SUSHI BULLISH! SUSHI is a BUY NOW, currently trading at $1.17! Our short-term targets are set at $1.20, $1.21, and $1.22!
But here's the exciting part: long-term, SUSHI has the potential to reach $2! The chart is showing a strong trend line with increasing volume, confirming the bullish momentum!
Don't miss this opportunity to ride the wave! SUSHI is poised for significant growth, and we're expecting a strong breakout!
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đ What Makes $MAJOR a Game-Changer in Crypto? đĽ
When it comes to standing out in the blockchain space, $MAJOR isnât just another tokenâitâs a revolution. Here's why $MAJOR has the edge over its competitors and is turning heads in the crypto community đ:
1ď¸âŁ Cutting-Edge Utility
$MAJOR isnât just about hype; itâs built to solve real-world problems. Its ecosystem powers [specific feature], making it indispensable in [industry/sector]. đ
2ď¸âŁ Blazing Fast Transactions
Say goodbye to high fees and sluggish confirmations. With $MAJOR, transactions are lightning-fast and cost-effective, thanks to its [innovative mechanism]. âĄ
3ď¸âŁ Security at Its Core
Powered by [specific consensus model], $MAJOR ensures unparalleled security, keeping your assets and data safe from vulnerabilities. đ
4ď¸âŁ Scalable for the Future
Unlike competitors that falter under high demand, $MAJORâs network scales seamlessly, making it future-proof as adoption grows. đ
5ď¸âŁ Strong Community & Vision
With a vibrant community and a roadmap that delivers, $MAJOR isnât just another projectâitâs a movement. The teamâs transparent approach fuels trust and loyalty. đ¤
đĄ Why Choose #MAJOR?
đ Unique tech that solves real challenges
đ Fast, secure, and scalable
đ Community-driven with a clear vision
Donât miss out on being part of the $MAJOR journey.
đĽ Exciting news for $SUI /USDT traders! The price of SUI has surged by 5.01% to $3.52, showcasing strong market momentum. Keep an eye on this coin for potential trading opportunities.
đš Trading Data: The trading volume for SUI is currently at 84.39M SUI and 295.04M USDT, indicating significant interest in this market. This suggests that there may be strong liquidity and trading activity for SUI/USDT pairs.
đ Technical Analysis: The BOLL(20, 2) bands are showing an upward trend for SUI, with an upper limit of 3.6409 and a lower limit of 3.1030. The current price is around 3.52, indicating potential for further price appreciation.
đ Trading Signal: Based on the positive market conditions and technical analysis, it could be advantageous to consider entering a long position on SUI/USDT with a target price of $3.7596 or above.
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How High Can Pepe Coin Price Surge In December?
Meme coins had a strong performance in November, helped by the risk-on sentiment in the crypto industry. Pepe Coin price was one of the top performers as it more than doubled in value. So, how high can the third-biggest meme coin jump in December?
Pepe Coin Price Has Positive TechnicalsTechnical analysis of the Pepe Coin price points to a potential comeback now that it has dropped for two consecutive weeks. The token formed a cup and handle pattern between May and November this year.
A C&H pattern forms when an asset forms a rounded bottom. In this case, the upper side of this cup was at $0.00001717, which broke out on November 13. Ideally, when this breakout happens, traders estimate the next target by measuring the depth of the cup. In the depth was about 65%. As such, if we measure 65% from $0.00001717, we estimate that the coin will rebound to $0.000028.
Pepe price has formed two other bullish patterns. First, it has created a falling wedge pattern, which has two falling and converging trendlines. This pattern often leads to a strong bullish breakout when the two lines are about to converge.
Second, Pepe coin price has formed a break and retest pattern. This pattern forms when an asset breaks above a key resistance point â in this case, $0.00001717 â and then retests it. It retested it on November 26 and formed a morning star candlestick.
Therefore, a combination of these patterns and the fact that it has remained above 50-day moving average, means that the coin will rebound in December, and possibly hit the C&H target at $0.000028. This view, however, will become invalid if the coin drops below $0.000016, a few points below the upper side of the cup.
Pepe Could Be In An Accumulation Mode
Most crypto analysts following the coin have a bullish view and expect it to stage a strong rally. In an X post, Wyckoff Insider noted that the coin was in the re-accumulation phase.
#PEPE #Pepecoin #memecoin #AltcoinSeason #CryptoNews
đ RAY-diculous! While Bitcoin takes a breather, Raydium's RAY token is stealing the spotlight with its sky-high funding rates, still over 160%! This Solana-based DEX token is sizzling hot, even after a 17% dip. With a 67% monthly surge, it's outpacing BTC's 35% rise! đ
Raydium's record $117.8B trading volume, fueled by the memecoin mania, has doubled Ethereum's DEX activity. But as the frenzy cools, can RAY maintain its momentum? đ¤ Share your thoughts on RAY's future in the comments! Will it continue to shine or face a cooldown?
đ Bitcoin miners are on the rise! With a combined market cap nearing $40 billion, they've doubled in just seven months thanks to Bitcoin's price surge. But it's not all smooth sailing. Miners face revenue challenges after a 50% reward cut in April, and with mining difficulty climbing, the pressure is on! đ
Many are diversifying into AI and HPC, like IREN, whose shares jumped 30% on AI buzz. Meanwhile, MARA is boosting its BTC holdings. How do you think miners should adapt? Share your thoughts! đŹ #Bitcoin #CryptoMining
đ Crypto Update: Raydium's RAY Token Sizzles!
- While Bitcoin takes a breather, Solana-based Raydium's RAY token is on fire, boasting a staggering annualized funding rate over 160%! đĽ
- Despite a recent 17% dip, RAY is still up 67% this month, outpacing Bitcoin's 35% rise.
- Record trading activity on Raydium, driven by a memecoin craze, saw $117.8 billion in volume, nearly doubling Ethereum's DEX volume.
- But with momentum cooling, will RAY maintain its heat?
Join the conversation! What are your thoughts on RAY's future? Comment below!
đ Bitcoin miners are nearing a $40 billion market cap, doubling in just seven months as BTC prices soar. However, challenges loom:
- **Revenue Crunch**: Miners' rewards were halved in April, and daily mining output is limited to 450 BTC.
- **Rising Difficulty**: Mining difficulty is set to increase by 3%, making block production more costly.
- **Hashrate Surge**: Sustained above 700 EH/s, indicating intense computational demand.
Miners are diversifying into AI and HPC to boost revenue. IREN saw a 30% share surge on AI interest, while MARA Holdings increased its BTC holdings. Thoughts on these strategies? Share in the comments!