🚀 XRP's on a roll! After a strong bull run, it hit an 8-month high of $0.73, briefly surpassing USDC to become the 7th largest crypto by market cap. Despite a slight dip, XRP is still up 8% in 24 hours, with a market cap of $37 billion and trading at $0.654.
- Trading volume tripled, sparking volatility.
- FOMO is key to breaking the $0.74 barrier.
- Social media buzz: 4% of crypto chats are XRP-focused.
- Trump's election win could impact XRP's legal battles with the SEC.
What are your thoughts on XRP's future? Share below! 💬
$PNUT
{spot}(PNUTUSDT)
$PNUT is flashing extremely bullish signals, indicating a promising long opportunity. Long immediately, no need to hesitate! A potential pullback presents a buying chance. Technical indicators confirm its upward momentum, with a golden cross formation on the daily chart and RSI(14) suggesting increasing buying pressure. Additionally, the chart pattern reveals a higher low, signaling a robust uptrend. currently orm new pullback around 0.8
{future}(PNUTUSDT)
Bitcoin Price Prediction: Analyst Targets $320,000 in Wave 5
A crypto specialist says Bitcoin has broken resistance and is headed toward $320,000. Bitcoin has returned to full bullishness, and the crypto fear and greed index currently shows high greed.
Crypto expert Gert van Lagen found a bullish pattern in Bitcoin's price chart, including a verified breakout of the traditional ‘cup-and-handle’ pattern that started a bullish Wave 5 run.
Bitcoin Price Targets $320,000 in Wave 5
Bitcoin's price motion has been spectacular in recent days. As investors flood in, Bitcoin has reached numerous all-time highs. The daily and weekly charts show repeated bullish candles due to continuous demand, indicating strong upward momentum.
Interestingly, these bullish candle patterns confirmed crypto researcher Gert van Lagen's sub-wave 5 prediction. This bullish wave is predicted to be the last sub-wave of a broader Elliot wave upswing that began in January 2023.
Technical analysis reveals that Bitcoin broke out of a cup-and-handle structure during the latest price advance, supporting wave 5. This bullish trend began in 2022. The ‘cup’ section of this pattern started in early 2022 and culminated with Bitcoin's high over $73,700 in March 2024. The pattern's ‘handle’ portion was the consolidation phase till October.
Bitcoin also escaped a bear trap by breaking out of a ‘base 4 step-wise formation,’ according to van Lagen. With this breakthrough established, van Lagen predicts a $220,000–$320,000 goal range. This range is his ‘major sell line,’ where profit-taking may escalate when Bitcoin approaches these upper boundaries.
Bitcoin is now trading at $89,500 with a market valuation of $1.77 trillion and an all-time high of $89,864, up 10.5% in 24 hours. Given this pattern, this record high may not persist. So much strong enthusiasm and influx around Bitcoin that investors don't know when to take profit. Every day to year, the RSI is over 70. The purchasing impetus is high right now.
#WillBTCBreak100KSoon #cryptomarketcapATH $BTC
{spot}(BTCUSDT)
Breaking: South Korea's largest exchange Upbit announced that it will list 12 digital assets on the USDT market, including Adventure Gold (AGLD), AhaToken (AHT), ARPA, Astar (ASTR), Bancor (BNT), MultiversX (EGLD), Filecoin (FIL), LumiWave (LWA), NEAR Protocol (NEAR), Orchid (OXT), Radworks (RAD) and Stellar Lumen (XLM).
At the "DeInsight 2024" summit in Bangkok, Ricky Wong, co-founder of Catizen, shared the exciting growth of Catizen and its vision for leading the Web3 shared economy. 😺
Ricky presented key initiatives, including the CATI token buyback plan, and emphasized the success of the Catizen Mini App’s rebate center in fostering a strong and sustainable community.💎
🪙 CATI, The first cat token listed on Binance.
#Catizen #CATI #Bangkok #DeInsight2024
🚨 $SOL /USDT TECHNICAL ANALYSIS – POTENTIAL TURNING POINT! 🚨
{spot}(SOLUSDT)
SOL is currently trading at 204.59, experiencing a 7.08% pullback after reaching a recent high. This consolidation could be the market preparing for its next major move. Here’s a breakdown of the key levels and potential targets to watch:
🎯 Target 1: 225.21
This is the recent high and a key resistance level. A breakout above 225.21 could reignite bullish momentum, with traders likely pushing for the next target. If SOL breaks through, expect renewed buying pressure.
🎯 Target 2: 230.12
If SOL maintains momentum above 225.21, reaching 230.12 is a feasible next target. This level could serve as a secondary resistance where traders may lock in profits, but further gains are possible if sentiment remains strong.
🎯 Target 3: 250.00
A significant psychological level, marking a possible extension of the current rally. Hitting 250.00 would reflect strong bullish control and could encourage continued interest from buyers as SOL attempts to establish a new upward trend.
🚨 Support Level: 194.13
It’s essential to watch for stability above this support level. A break below could indicate further consolidation or a pullback, potentially taking SOL to test deeper support levels.
Keep an eye on these levels – SOL’s recent moves suggest heightened volatility. Let’s see if the bulls can regain control and drive another upward push!
#SOL #CryptoTrading #Altcoin #Binance #MarketAnalysis