With the year running to a close, many altcoins are making the push to cap their year performance with a bullish surge, here are 12 altcoins under $1 to place on the watchlist this December.
Read more on: https://thecryptobasic.com/2023/12/02/top-12-crypto-assets-to-watch-for-under-1/
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Everything about #CryptoMarketPredictions #CryptoMovement like #BTC #ETH General #Discussion, Project Development, Technical Support, and #mining

Cryptocurrencies have captured the attention and imagination of a new generation of investors across the globe. From Bitcoin to Ethereum to the growing list of altcoins, there’s little question that the volatile and fast-moving crypto industry keeps participants, observers, and regulators on edge. More and more, though, mainstream companies are looking at cryptocurrencies and adjacent technologies as a way to tap into new markets—or to create them from scratch in new, virtual worlds. CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers a look at what’s ahead with high-profile interviews, explainers and unique stories from the ever-changing crypto industry.$BTC $BNB ©CNBC Crypto World#CryptoMovement #CryptoSurgeTrend #CryptoAmbition #BinanceTournament

Well, here is my analysis.1- Bitcoin (BTC) and Crypto Market Cap (TOTALCAP) reached new yearly highs on November 27 but have since fallen.2- FTX Token (FTT) has experienced a decline after creating a lower high on November 23.3- The son of ECB president Christine Lagarde reportedly lost nearly 60% of his cryptocurrency investments.4- Challenges faced by the SEC in serving a lawsuit against HEX founder Richard Heart, who allegedly resides in Finland.5- TOTALCAP increased inside an ascending parallel channel since November 7, reaching a new yearly high of $1.42 trillion on November 24.6- TOTALCAP faced rejection at the channel’s resistance trend line and is approaching the midline at $1.38 trillion.7- The six-hour Relative Strength Index (RSI) is at 50, indicating an undetermined trend.8- BTC price has followed an ascending support trend line since November 6, reaching a new yearly high of $38,437 on November 24 but failing to sustain the increase.9- The six-hour RSI for BTC is at 50, with a potential 10% increase if it breaks out from the ascending triangle to the next resistance at $41,000.10- Failure to break out may lead to a 3.50% drop to the ascending support trend line at $36,000.11- FTT price has fallen since reaching a high of $5.53 on November 10, facing rejection from the $4.80 resistance area on November 23.12- FTT fell below the minor support level at $4, and further downward movement could result in a 20% decrease to the closest support at $2.90.13- Reclaiming the $4 level for FTT could lead to a 30% price increase to the next resistance at $4.80.14- The analysis concludes with a disclaimer emphasizing that the information is for informational purposes only and not financial or investment advice, encouraging readers to conduct their own research and consult professionals before making financial decisions.#cryptocurreny #CryptoMovement #CryptoSurgeTrend

Jim Cramer, host of CNBC's "Mad Money," has shifted his view on Bitcoin, now advocating for it as it achieves an 18-month high.After a year of advising against Bitcoin, Cramer's change to bullishness raises questions among investors and market analysts.Cramer's new support for BTC coincides with its significant price surge, with investors reacting skeptically to his flip-flopping stance.Jim Cramer, the host of CNBC’s “Mad Money,” has reversed his stance on Bitcoin, advocating for it as it reaches an 18-month high.This change in opinion comes after a year of Cramer emphatically advising against Bitcoin. Consequently, leaving investors and market watchers to ponder the implications of his newfound bullishness.Cramer Turns Bullish on BTCMad Money’s Jim Cramer, known for his dynamic and often fluctuating views on financial products, stated that he had previously believed “the money had been made” in Bitcoin. However, he now admits this judgment was premature.“Look, if you like Bitcoin, buy Bitcoin. That has always been my view. And for a while, I liked it, and I decided that money had been made, but I was premature,” Cramer said.His renewed support for Bitcoin aligns with the cryptocurrency’s recent surge. #BTC soared above $38,000 for the first time in a year and a half, marking a 10% increase last month.The crypto and finance communities, often critical of Cramer’s shifting opinions, have raised eyebrows at this latest turn. Some investors humorously suggest that taking a stance opposite to Cramer’s advice could be a wise financial move.This sentiment even led to proposals for “Inverse Cramer ETFs” to the SEC, which based investments contrary to Cramer’s guidance. With Cramer’s renewed confidence in Bitcoin, some social media voices in the crypto market speculate that this might signal a potential downturn, potentially erasing recent gains.Is It Time to Sell Bitcoin?While some suggest it is time to sell Bitcoin after Cramer’s endorsement, several crypto experts beg to differ. For instance, Tone Vays, a trading veteran, sees no immediate resistance for the price of Bitcoin.“I don’t see any resistance. [Still,] according to the Fibonacci levels we do have resistance at $48,000 – $49,000 which is interesting because it’s just below that $50,000 round number. I know I have been saying that $41,000 – $42,000 is an area of reversal, but I think we can blow through that,” Vays said.Likewise, Ali Martinez, BeInCrypto’s Global Head of News, pointed out that Bitcoin built a strong support barrier between $25,000 and $30,000. Like Vays, Martinez emphasized that the only critical resistance levels are now at $38,440 and $47,360.Jacob Canfield, a renowned crypto trader, also shared a similar view, suggesting that Bitcoin, Ethereum, and altcoins have more room to go up before the market faces a significant correction.“My playbook: First BTC to $48,700. Then ETH to $3,350. Then altcoins party for 14 days. Then sell everything to USD. Buy the 40% dip on Bitcoin and alts,” Canfield said.Finally, Thomas Lee, Head of Research at Fundstrat, interprets the current trends as positive signs for December, indicating a “risk on” environment.“The positive seasonals are working, and that is a risk on environment. I think the move on Bitcoin, which made a new high for the year, is another sign of risk on. I think for now it’s all good signs for December,” Lee added.Despite Cramer’s latest endorsement, Bitcoin may have more legs to go up before the next important move.#CZBNB #CryptoMovement #RichardTeng $BTC $ETH $BNB