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highlander072024
@Square-Creator-85928f847047
Interesting in cryptocurrency and blockchain, crypto investor
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1MBABYDOGE CORRECTION
1MBABYDOGE experienced a correction until it fell to $0.004019.
Today the price of 1MBABYDOGE is creeping up again, trading at $0.004291 up 0.07% in the last 24H.
This correction indicates that 1MBABYDOGE is ready to continue the next rally with the target of breaking through the resistance limit of $0.004689 which is the new ATH.
If it breaks this resistance limit, 1MBABYDOGE can reach $0.005 and will continue to rise.
#2024withBinance #BullRun2025 #MemeCoinsSeason
1MBABYDOGE experienced a correction until it fell to $0.004019.
Today the price of 1MBABYDOGE is creeping up again, trading at $0.004291 up 0.07% in the last 24H.
This correction indicates that 1MBABYDOGE is ready to continue the next rally with the target of breaking through the resistance limit of $0.004689 which is the new ATH.
If it breaks this resistance limit, 1MBABYDOGE can reach $0.005 and will continue to rise.
#2024withBinance #BullRun2025 #MemeCoinsSeason
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Make PEPE Great Again
After making a comeback in this bullish season, PEPE rose more than 4.30% in the last 24 hours to a price of $0.00002645.
Despite emerging bullish indicators, PEPE still faces a resistance level at $0.00002752 and broader market uncertainty given PEPE's history of high volatility.
We can hope PEPE can delete 1 decimal in less than a week, and reach $0.01 in 2025.
#2024withBinance #Memecoin2024 #Bullruns
After making a comeback in this bullish season, PEPE rose more than 4.30% in the last 24 hours to a price of $0.00002645.
Despite emerging bullish indicators, PEPE still faces a resistance level at $0.00002752 and broader market uncertainty given PEPE's history of high volatility.
We can hope PEPE can delete 1 decimal in less than a week, and reach $0.01 in 2025.
#2024withBinance #Memecoin2024 #Bullruns
Neiro Stretched
After being out of the news for quite some time, Neiro, a dog-themed meme coin, is starting to follow bullish sentiment.
After reaching ATH $0.0031158 on November 12, Neiro slumped at $0.001623 which became its strong support.
Currently Neiro is trying to rise and is trading around $0.0019026, down 2.09% in last 24H.
If $NEIRO can break the resistance level of $0.001968 then it is expected to reach $0.0025 and more.
#2024withBinance #Bullruns #Memecoin2024
After being out of the news for quite some time, Neiro, a dog-themed meme coin, is starting to follow bullish sentiment.
After reaching ATH $0.0031158 on November 12, Neiro slumped at $0.001623 which became its strong support.
Currently Neiro is trying to rise and is trading around $0.0019026, down 2.09% in last 24H.
If $NEIRO can break the resistance level of $0.001968 then it is expected to reach $0.0025 and more.
#2024withBinance #Bullruns #Memecoin2024
Ripple's Big Spike
Before November 8 you can buy XRP for $0.49 - 0.51 per coin.
Now, December 8 $XRP price jumped more than 500% in a month !
XRP is trading around $2.5267 increased 4.76% in last 24H.
This price increase brought XRP into the top three in the crypto market capitalization rankings, surpassing Solana ($SOL ) and stablecoin USDT, under Bitcoin ($BTC ) and Ethereum.
Ripple Labs, the developer of XRP, has established partnerships with various banks and payment service providers. This further strengthens XRP's position as a solid asset in the world of digital finance.
Beside that, Ripple's recent victory in the legal case against the SEC has brought a breath of fresh air to XRP. This decision removes much of the regulatory uncertainty, particularly in the US market, thereby increasing investor confidence in the future of these assets.
With this bullish momentum, many crypto experts predict that the price of XRP could reach $6 - 10 in this rally.
#2024withBinance #BecomeCreator #Bullruns
Before November 8 you can buy XRP for $0.49 - 0.51 per coin.
Now, December 8 $XRP price jumped more than 500% in a month !
XRP is trading around $2.5267 increased 4.76% in last 24H.
This price increase brought XRP into the top three in the crypto market capitalization rankings, surpassing Solana ($SOL ) and stablecoin USDT, under Bitcoin ($BTC ) and Ethereum.
Ripple Labs, the developer of XRP, has established partnerships with various banks and payment service providers. This further strengthens XRP's position as a solid asset in the world of digital finance.
Beside that, Ripple's recent victory in the legal case against the SEC has brought a breath of fresh air to XRP. This decision removes much of the regulatory uncertainty, particularly in the US market, thereby increasing investor confidence in the future of these assets.
With this bullish momentum, many crypto experts predict that the price of XRP could reach $6 - 10 in this rally.
#2024withBinance #BecomeCreator #Bullruns
1MBABYDOGE NEW ATH
1MBABYDOGE was reaching ATH of $0.003399 on October 15, and experienced deeply decreasing to $0.001718.
Yesterday December 7 1MBABYDOGE touched a new ATH with price of $0.0046890.
More than 250% compared with last ATH.
Now $1MBABYDOGE is trading around $0.0042551, increased 69.62% in last 24 H.
1MBABYDOGE could test the US$0.40093 support or eye the US$0.004689 resistance with a new bullish impulse.
This uptrend is estimated that the rally could delete 1 decimal to reach $0.04.
It is possible that $1 will be reached in the near future.
#2024withBinance #marketdownturn #BecomeCreator
1MBABYDOGE was reaching ATH of $0.003399 on October 15, and experienced deeply decreasing to $0.001718.
Yesterday December 7 1MBABYDOGE touched a new ATH with price of $0.0046890.
More than 250% compared with last ATH.
Now $1MBABYDOGE is trading around $0.0042551, increased 69.62% in last 24 H.
1MBABYDOGE could test the US$0.40093 support or eye the US$0.004689 resistance with a new bullish impulse.
This uptrend is estimated that the rally could delete 1 decimal to reach $0.04.
It is possible that $1 will be reached in the near future.
#2024withBinance #marketdownturn #BecomeCreator
Altseason is Beginning
Altseason, or what is often referred to as altcoin season, is a phenomenon in the cryptocurrency world where altcoins, namely all cryptocurrencies other than Bitcoin, experience significant price increases.
Ripple ($XRP ) experienced a jump from US$0.5 on November 1 2024, then rose to US$2.9 on December 3 2024.
Apart from that, Solana ($SOL ) was also in the spotlight, this token recorded a price above US$255, 00 with almost 100% growth from October to November.
Bittensor ($TAO )which in early September was trading at $220, increased by more than 300%. Tao is currently trading at around $700.
#2024withBinance #altseason2024 #Bullruns
Altseason, or what is often referred to as altcoin season, is a phenomenon in the cryptocurrency world where altcoins, namely all cryptocurrencies other than Bitcoin, experience significant price increases.
Ripple ($XRP ) experienced a jump from US$0.5 on November 1 2024, then rose to US$2.9 on December 3 2024.
Apart from that, Solana ($SOL ) was also in the spotlight, this token recorded a price above US$255, 00 with almost 100% growth from October to November.
Bittensor ($TAO )which in early September was trading at $220, increased by more than 300%. Tao is currently trading at around $700.
#2024withBinance #altseason2024 #Bullruns
I posted IQWiki at November 25 when traded at $0.00839.
Now the price is $0.011126, increased 5.69% in last 24 H.
In this bullies season, what is the approximate price that can be achieved?
Now the price is $0.011126, increased 5.69% in last 24 H.
In this bullies season, what is the approximate price that can be achieved?
IQ. wiki Token
IQ.wiki, formerly Everipedia, is a cryptocurrency dedicated to building a smarter future through AI and blockchain technology.
The IQ token powers the knowledge ecosystem including applications such as IQ.wiki, the world's largest crypto and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles.
$IQ is DeFi and governance token with native staking enabled through HiIQ. These tokens are regulated by BrainDAO which also includes BrainDAO's digital asset treasury.
Slowly but surely the prices are creeping up.
The token is trading around $0.008396, increased +6.41% in last 24H.
#marketdownturn #CryptoExplorerFiesta #BecomeCreator
IQ.wiki, formerly Everipedia, is a cryptocurrency dedicated to building a smarter future through AI and blockchain technology.
The IQ token powers the knowledge ecosystem including applications such as IQ.wiki, the world's largest crypto and blockchain encyclopedia. IQ.wiki integrates AI for tasks including summarizing wiki articles.
$IQ is DeFi and governance token with native staking enabled through HiIQ. These tokens are regulated by BrainDAO which also includes BrainDAO's digital asset treasury.
Slowly but surely the prices are creeping up.
The token is trading around $0.008396, increased +6.41% in last 24H.
#marketdownturn #CryptoExplorerFiesta #BecomeCreator
Doge Makes Big Profits
Dogecoin is back up after several days of slight decline.
$DOGE is up 5.2% in the last 24 hours.
One whale even reportedly bought Dogecoin when the price was down and sold it at the peak, making a profit of up to $7 million.
Now, Doge is traded around $0.45016.
The step towards $1 is likely to be achieved in the near future.
#2024WithBinance #Memecoin2024 #Bullruns
Dogecoin is back up after several days of slight decline.
$DOGE is up 5.2% in the last 24 hours.
One whale even reportedly bought Dogecoin when the price was down and sold it at the peak, making a profit of up to $7 million.
Now, Doge is traded around $0.45016.
The step towards $1 is likely to be achieved in the near future.
#2024WithBinance #Memecoin2024 #Bullruns
FLOKI INU Wave in Bulliesh Memecoins
Floki is a meme token inspired by the name of Elon Musk's Shiba Inu dog, namely Floki. Slowly, Floki transformed from a meme token into a Web3 project with various applications in it.
FLOKI INU birthed by members of Shiba Inu ($SHIB ) community.
FLOKI ($FLOKI ) is a crypto asset with a market capitalization of $2.42 B.
FLOKI ranks 63rd in the global cryptocurrency ranking with a daily buying and selling volume of $4.54M.
Currently, the price of FLOKI is $0.0002511. Over the last 24 hours, FLOKI price has changed by 8.27%.
This increase cannot be separated from enthusiasm for meme coins $DOGE , Shiba and others.
#2024withBinance #MemeWatch2024 #BullRun2025
Floki is a meme token inspired by the name of Elon Musk's Shiba Inu dog, namely Floki. Slowly, Floki transformed from a meme token into a Web3 project with various applications in it.
FLOKI INU birthed by members of Shiba Inu ($SHIB ) community.
FLOKI ($FLOKI ) is a crypto asset with a market capitalization of $2.42 B.
FLOKI ranks 63rd in the global cryptocurrency ranking with a daily buying and selling volume of $4.54M.
Currently, the price of FLOKI is $0.0002511. Over the last 24 hours, FLOKI price has changed by 8.27%.
This increase cannot be separated from enthusiasm for meme coins $DOGE , Shiba and others.
#2024withBinance #MemeWatch2024 #BullRun2025
PEPE, DOGE and SHIBA Surge as Bitcoin Breaks $100K
BTC's achievement of touching $100K has had a positive impact on meme coins.
$PEPE increased 4.97% in last 24H, now is trading around $0.00002147.
$DOGE increased 6.74% in last 24H, now is trading around $0.4441
$SHIB increased 4.08% in last 24H, now is trading around $0.00003162
All Hail Altseason !
BTC's achievement of touching $100K has had a positive impact on meme coins.
$PEPE increased 4.97% in last 24H, now is trading around $0.00002147.
$DOGE increased 6.74% in last 24H, now is trading around $0.4441
$SHIB increased 4.08% in last 24H, now is trading around $0.00003162
All Hail Altseason !
#2024WithBinance
Bitcoin Hits $100.000, Alt Season is Coming
As analysts predicted Bitcoin hits $100K in December.
After reaching $104,000 btc decreased slightly, now the $BTC price is hovering at $102 K.
This achievement of BTC also influences the prices of other coins.
Several altcoins such as $BNB ($733.99) and $XRP ($2.398) also experienced quite significant increases after long rally in few days.
I am very excited waiting for altseason 😍🥳
#BecomeCreator #Altcoinseason2024
Bitcoin Hits $100.000, Alt Season is Coming
As analysts predicted Bitcoin hits $100K in December.
After reaching $104,000 btc decreased slightly, now the $BTC price is hovering at $102 K.
This achievement of BTC also influences the prices of other coins.
Several altcoins such as $BNB ($733.99) and $XRP ($2.398) also experienced quite significant increases after long rally in few days.
I am very excited waiting for altseason 😍🥳
#BecomeCreator #Altcoinseason2024
Awesome XRP
After experiencing a very large increase since the beginning of November (around $0.5)
starting to approach ATH $3.84 with $2.908 at December 3, XRP experienced a correction.
$XRP price now around $2.261 decreased 13.4% in the last 24H.
The excitement of the altcoin season is already being felt, which could make xrp shoot up after the correction.
We can expect XRP to hit the new ATH soon.
#Altcoinseason2024 #TipsTradingFuture #marketdownturn
After experiencing a very large increase since the beginning of November (around $0.5)
starting to approach ATH $3.84 with $2.908 at December 3, XRP experienced a correction.
$XRP price now around $2.261 decreased 13.4% in the last 24H.
The excitement of the altcoin season is already being felt, which could make xrp shoot up after the correction.
We can expect XRP to hit the new ATH soon.
#Altcoinseason2024 #TipsTradingFuture #marketdownturn
Litecoin Prices Soar
Litecoin surged to $129.68. It was the biggest single-day gain since November 16.
However the price started to decline and now the price is around $120.27. Increased 18.91% in last 24H
#marketdownturn #Altcoinseason2024 #BecomeCreator
Litecoin surged to $129.68. It was the biggest single-day gain since November 16.
However the price started to decline and now the price is around $120.27. Increased 18.91% in last 24H
#marketdownturn #Altcoinseason2024 #BecomeCreator
PEPE Holder Read It !
Good news from $PEPE that surged after added to Bitestamp listing.
PEPE's price now 0.00002265 increased +10.54% less than 24H.
Making PEPE one of the prominent meme coins today.
PEPE recorded volume 7.67 T, with circulatian 165.92M in last 24H.
Investor have high hopes for Pepe's future developments.
#Memecoin2024 #TipsTradingFuture #marketdownturn
Good news from $PEPE that surged after added to Bitestamp listing.
PEPE's price now 0.00002265 increased +10.54% less than 24H.
Making PEPE one of the prominent meme coins today.
PEPE recorded volume 7.67 T, with circulatian 165.92M in last 24H.
Investor have high hopes for Pepe's future developments.
#Memecoin2024 #TipsTradingFuture #marketdownturn
Double-Digit XRP Price If the Altcoin Fulfills One Condition
Crypto analysts are thrilled about the possibility of a double-digit XRP price, which could see the token’s price reach up to $20. However, the altcoin must regain its 2017 high against Bitcoin to achieve that feat.
The hopeful prediction of a double-digit XRP price follows the altcoin capitalizing on the current crypto rebound, which saw XRP gain 5% in 24 hours, beating all the major cryptocurrencies. In the meantime, as expected, the arrival of Thanksgiving saw Bitcoin spared from the imminent crypto massacre everyone had feared would take place.
The crypto market is currently riding on a recovery wave that saw XRP bounce from the lows of $1.28 earlier in the week to exchange hands between $1.3 and $1.4 psychological levels during Friday trading. Analysts expect the altcoin to solidify its position and climb to $1.5. In the meantime, Bitcoin showed signs of recovery and rose from Thursday’s price of $93,500 to trade above $96,000 on Friday.
According to crypto analyst CryptoBull, analysis surrounding the price of XRP in the USD/BTC pair shows that this could be an early Bull Run. CryptoBull opines that while the market was still 1,500% behind value relative to early 2017, we could easily see a double-digit XRP price. “If we meet the same Bitcoin value, the $XRP price will be around $20.”
XRP has had a difficult time catching up with the flagship cryptocurrency since January 2018, when it achieved an all-time high of $3.31. Moreover, the altcoin’s price has dipped continuously relative to BTC recently. However, current data indicates a change in the trend, with XRP amazingly surging 111% against BTC, indicating the possibility of a breakout leading to a double-digit XRP price. CryptoBull suggests that for XRP to confirm the breakout, it must close November above the trend line against Bitcoin.
source:thebitjournal.com
#marketdownturn #Altcoinseason2024 #TipsTradingFuture
Crypto analysts are thrilled about the possibility of a double-digit XRP price, which could see the token’s price reach up to $20. However, the altcoin must regain its 2017 high against Bitcoin to achieve that feat.
The hopeful prediction of a double-digit XRP price follows the altcoin capitalizing on the current crypto rebound, which saw XRP gain 5% in 24 hours, beating all the major cryptocurrencies. In the meantime, as expected, the arrival of Thanksgiving saw Bitcoin spared from the imminent crypto massacre everyone had feared would take place.
The crypto market is currently riding on a recovery wave that saw XRP bounce from the lows of $1.28 earlier in the week to exchange hands between $1.3 and $1.4 psychological levels during Friday trading. Analysts expect the altcoin to solidify its position and climb to $1.5. In the meantime, Bitcoin showed signs of recovery and rose from Thursday’s price of $93,500 to trade above $96,000 on Friday.
According to crypto analyst CryptoBull, analysis surrounding the price of XRP in the USD/BTC pair shows that this could be an early Bull Run. CryptoBull opines that while the market was still 1,500% behind value relative to early 2017, we could easily see a double-digit XRP price. “If we meet the same Bitcoin value, the $XRP price will be around $20.”
XRP has had a difficult time catching up with the flagship cryptocurrency since January 2018, when it achieved an all-time high of $3.31. Moreover, the altcoin’s price has dipped continuously relative to BTC recently. However, current data indicates a change in the trend, with XRP amazingly surging 111% against BTC, indicating the possibility of a breakout leading to a double-digit XRP price. CryptoBull suggests that for XRP to confirm the breakout, it must close November above the trend line against Bitcoin.
source:thebitjournal.com
#marketdownturn #Altcoinseason2024 #TipsTradingFuture
DOGE Gain ETF?
Dogecoin, which was initially only considered a meme coin, is now increasingly showing its potential as a serious financial instrument.
In a Coin Bureau Youtube broadcast, Arthur Hayes, co-founder of BitMEX, predicted that Dogecoin would gain an exchange-traded fund (ETF) in this market cycle.
“This is the oldest memecoin, it's on Robinhood. "If you think about Tradfi getting into crypto and they'll put an ETF in whatever they can, it's a high market cap," Hayes said.
Another factor why a $DOGE ETF might happen is support from Elon Musk. Rumors about the possible integration of Dogecoin as a payment method on the X platform (formerly known as Twitter) owned by Musk have increased market anticipation.
If Arthur Hayes' predictions prove correct, the launch of the Dogecoin ETF could be a major step in bringing this cryptocurrency into the financial mainstream, cementing its position not just as a meme coin, but as a serious and sustainable investment instrument.
#marketdownturn #Memecoin2024 #BecomeCreator
Dogecoin, which was initially only considered a meme coin, is now increasingly showing its potential as a serious financial instrument.
In a Coin Bureau Youtube broadcast, Arthur Hayes, co-founder of BitMEX, predicted that Dogecoin would gain an exchange-traded fund (ETF) in this market cycle.
“This is the oldest memecoin, it's on Robinhood. "If you think about Tradfi getting into crypto and they'll put an ETF in whatever they can, it's a high market cap," Hayes said.
Another factor why a $DOGE ETF might happen is support from Elon Musk. Rumors about the possible integration of Dogecoin as a payment method on the X platform (formerly known as Twitter) owned by Musk have increased market anticipation.
If Arthur Hayes' predictions prove correct, the launch of the Dogecoin ETF could be a major step in bringing this cryptocurrency into the financial mainstream, cementing its position not just as a meme coin, but as a serious and sustainable investment instrument.
#marketdownturn #Memecoin2024 #BecomeCreator
What Happened with Bitcoin?
According to Juan Pellicer, a Senior Researcher at IntoTheBlock, December will be a bullish month for Bitcoin. This bullish bias will be driven by “unprecedented institutional demand via Bitcoin ETF inflows,” which will push the coin price above US$100,000.
Nevertheless, another analyst, Brian Quinlivan, Principal Analyst at Santiment, predicts a bullish December for Bitcoin. According to Quinlivan, Bitcoin crypto whales will drive this growth if they continue to accumulate this king coin.
While also admitting that Bitcoin prices may rally above US$100,000 in December, Julio Moreno, Head of Research at CryptoQuant, noted that the coin may face short-term resistance at US$105,000.
According to Moreno, an assessment of BTC's on-chain realized price band revealed that the price band near US$105,000 (the maximum band) was a significant resistance level in March when Bitcoin briefly reached US$74,000. This historical resistance may now influence the future price action of this coin.
This means that when the $BTC price approaches this maximum band around US$105,000, it may experience a correction.
For the US$100,000 prediction to come true, the coin must reclaim its all-time high of US$99,588, which has been a resistance level, and turn it into a support floor. If this happens, the coin may rally above US$100,000 in December.
On the other hand, if selling pressure increases, BTC price may fall towards US$88,986, invalidating analysts' bullish projections.
source: id. beincrypto. com
#marketdownturn #BullMarket2025 ##TipsTradingFuture
According to Juan Pellicer, a Senior Researcher at IntoTheBlock, December will be a bullish month for Bitcoin. This bullish bias will be driven by “unprecedented institutional demand via Bitcoin ETF inflows,” which will push the coin price above US$100,000.
Nevertheless, another analyst, Brian Quinlivan, Principal Analyst at Santiment, predicts a bullish December for Bitcoin. According to Quinlivan, Bitcoin crypto whales will drive this growth if they continue to accumulate this king coin.
While also admitting that Bitcoin prices may rally above US$100,000 in December, Julio Moreno, Head of Research at CryptoQuant, noted that the coin may face short-term resistance at US$105,000.
According to Moreno, an assessment of BTC's on-chain realized price band revealed that the price band near US$105,000 (the maximum band) was a significant resistance level in March when Bitcoin briefly reached US$74,000. This historical resistance may now influence the future price action of this coin.
This means that when the $BTC price approaches this maximum band around US$105,000, it may experience a correction.
For the US$100,000 prediction to come true, the coin must reclaim its all-time high of US$99,588, which has been a resistance level, and turn it into a support floor. If this happens, the coin may rally above US$100,000 in December.
On the other hand, if selling pressure increases, BTC price may fall towards US$88,986, invalidating analysts' bullish projections.
source: id. beincrypto. com
#marketdownturn #BullMarket2025 ##TipsTradingFuture
Crypto to Buy Before Bitcoin Price Soars to $100,000!
XRP is currently one of the most bullish coins worth paying attention to. The token is gaining new positive sentiment from investors, especially with the pro-crypto regime set to take over cryptocurrency development in the US.
With Gensler stepping down from his role at the US SEC, this development has the potential to push the price of $XRP to new highs, making it an asset worth holding for the long term.
According to CoinCodex data, XRP is currently at $1.69 and is expected to reach $2 in April 2025.
#marketdownturn #BecomeCreator #Altcoinseason2024
XRP is currently one of the most bullish coins worth paying attention to. The token is gaining new positive sentiment from investors, especially with the pro-crypto regime set to take over cryptocurrency development in the US.
With Gensler stepping down from his role at the US SEC, this development has the potential to push the price of $XRP to new highs, making it an asset worth holding for the long term.
According to CoinCodex data, XRP is currently at $1.69 and is expected to reach $2 in April 2025.
#marketdownturn #BecomeCreator #Altcoinseason2024
Solana Long Liquidations Surpass US$64 Million Amid Price Drop
Solana (SOL) experienced a decline over the past week. Since hitting a new record high of US$264.63 on November 22, SOL has faced increasing selling pressure. This caused its price to fall almost 10% in the last seven days.
This decline led to increased long liquidations in the SOL futures market. With bearish sentiment getting stronger, traders long Solana may face more losses. Here's why.
Over the past week, SOL's price decline of 8% has wiped out US$64 million from long positions in its derivatives market.
It should be noted, the decline in SOL prices has led to a significant decline in activity in its derivatives markets. This is reflected in the coin's open interest, which is currently at a weekly low of US$3.34 billion.
If the selling activity gains more momentum, SOL price will break below the crucial support level formed at US$231.54. A drop below this price point would send the SOL price down to US$205.56
On the other hand, if the buying pressure gains momentum, the SOL price will rise towards a record high of US$264.63.
Now the price is around $244.42 increased 3.86% in last 24 H.
#marketdownturn #Altcoinseason2024 #TipsTradingFuture
source: id. beincrypto, com
Solana (SOL) experienced a decline over the past week. Since hitting a new record high of US$264.63 on November 22, SOL has faced increasing selling pressure. This caused its price to fall almost 10% in the last seven days.
This decline led to increased long liquidations in the SOL futures market. With bearish sentiment getting stronger, traders long Solana may face more losses. Here's why.
Over the past week, SOL's price decline of 8% has wiped out US$64 million from long positions in its derivatives market.
It should be noted, the decline in SOL prices has led to a significant decline in activity in its derivatives markets. This is reflected in the coin's open interest, which is currently at a weekly low of US$3.34 billion.
If the selling activity gains more momentum, SOL price will break below the crucial support level formed at US$231.54. A drop below this price point would send the SOL price down to US$205.56
On the other hand, if the buying pressure gains momentum, the SOL price will rise towards a record high of US$264.63.
Now the price is around $244.42 increased 3.86% in last 24 H.
#marketdownturn #Altcoinseason2024 #TipsTradingFuture
source: id. beincrypto, com
Pantera CEO: Bitcoin Well On Track To Hit $740,000 By April 2028
Dan Morehead, founder and CEO of Pantera Capital — the first crypto fund in the United States — is forecasting that the price of Bitcoin could smash $700,000 in 2028, roughly a week after the flagship crypto rocketed toward a six-digit price.
Bitcoin’s Path To $740,000
Dan Morehead noted in a Nov. 26 blog post that 5% of financial wealth is now exposed to Bitcoin. Yet, that figure is set to increase with more regulatory clarity in the U.S. as pro-blockchain president-elect Donald Trump heads back to the White House.
This would result in faster institutionalization of Bitcoin. BlackRock and Fidelity with spot Bitcoin exchange-traded funds have started a “massive transformation,” posited Morehead.
“It’s [$BTC ] already done three orders of magnitude,” Morehead wrote. He revealed that his investment company’s crypto-focused Pantera Bitcoin Fund, which was launched in 2013, has notched an over 131,000% lifetime return on its first Bitcoin purchase at $7. “Another one seems plausible.”
Per the Pantera CEO, Bitcoin has been on a trendline that will push its value to roughly $740,000 by April 2028 (a nearly 670% growth from the current price point) if it continues its growth pattern. The world’s oldest cryptocurrency was trading for about 2.3% higher at around $95,294 at publication time.
$15 Trillion Market Cap For Bitcoin
$740,000 is “not an inconceivable number, relative to $500 trillion in financial assets,” he explained. At this price, Bitcoin would boast a market capitalization of a whopping $15 trillion.
Furthermore, Morehead told CNBC’s Squawk Box on Nov. 27 that he doesn’t think Bitcoin could ever crash to zero now as it has reached “escape velocity” with 300 million investors around the world owning it.
Source: cryptorank. com
#MarketBuyOrHold #TipsTradingFuture #marketdownturn
Dan Morehead, founder and CEO of Pantera Capital — the first crypto fund in the United States — is forecasting that the price of Bitcoin could smash $700,000 in 2028, roughly a week after the flagship crypto rocketed toward a six-digit price.
Bitcoin’s Path To $740,000
Dan Morehead noted in a Nov. 26 blog post that 5% of financial wealth is now exposed to Bitcoin. Yet, that figure is set to increase with more regulatory clarity in the U.S. as pro-blockchain president-elect Donald Trump heads back to the White House.
This would result in faster institutionalization of Bitcoin. BlackRock and Fidelity with spot Bitcoin exchange-traded funds have started a “massive transformation,” posited Morehead.
“It’s [$BTC ] already done three orders of magnitude,” Morehead wrote. He revealed that his investment company’s crypto-focused Pantera Bitcoin Fund, which was launched in 2013, has notched an over 131,000% lifetime return on its first Bitcoin purchase at $7. “Another one seems plausible.”
Per the Pantera CEO, Bitcoin has been on a trendline that will push its value to roughly $740,000 by April 2028 (a nearly 670% growth from the current price point) if it continues its growth pattern. The world’s oldest cryptocurrency was trading for about 2.3% higher at around $95,294 at publication time.
$15 Trillion Market Cap For Bitcoin
$740,000 is “not an inconceivable number, relative to $500 trillion in financial assets,” he explained. At this price, Bitcoin would boast a market capitalization of a whopping $15 trillion.
Furthermore, Morehead told CNBC’s Squawk Box on Nov. 27 that he doesn’t think Bitcoin could ever crash to zero now as it has reached “escape velocity” with 300 million investors around the world owning it.
Source: cryptorank. com
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