$THETA Theta Network (THETA) is a blockchain-based platform designed to enhance video streaming by decentralizing content delivery, thereby improving quality and reducing costs.
Market Overview:
Market Capitalization: Approximately $2.57 billion.
Circulating Supply: 1 billion THETA tokens, with a fixed total supply.
Technical Analysis:
Support Levels: Recent analyses indicate strong support around $2.65.
Resistance Levels: Resistance is observed near $2.85.
Technical Indicators: As of November 22, 2024, technical indicators such as the Relative Strength Index (RSI) and Moving Averages suggest a 'Strong Buy' signal.
Price Predictions:
2025 Forecasts: Projections for THETA's price by the end of 2025 vary, with estimates ranging from $1.75 to $8.00.
Long-Term Outlook: Some experts anticipate an average price of around $10.26 in the coming years, though such predictions are speculative and should be approached with caution.
$1INCH 1inch (1INCH) is a decentralized exchange (DEX) aggregator that sources liquidity from various exchanges to offer users optimal token swap rates. As of December 17, 2024, 1INCH is trading at approximately $0.50, with a 24-hour trading volume around $89 million. The circulating supply is about 1.39 billion tokens, resulting in a market capitalization near $699 million.
Over the past month, 1INCH has experienced a significant price increase of approximately 76.72%. However, it has declined by about 9.20% over the past week.
Technical analysis indicates that 1INCH has been in a downtrend, forming lower highs and lower lows. A recent higher high suggests a potential trend reversal, with a higher low confirming this shift. Analysts anticipate a retest of the recent higher high, with partial profit-taking at prior swing levels.
Looking ahead, some crypto experts predict an average 1INCH price of around $1.77 in 2025, while others forecast a rise from $0.3265 to $3.50 during the same period.
Internet Computer (ICP) is a cryptocurrency developed by the DFINITY Foundation, aiming to extend the public internet to host backend software and services traditionally managed on private infrastructure.
Technical Analysis:
As of December 16, 2024, ICP is trading at approximately $12.85, reflecting a 3.56% decrease over the past 24 hours.
Over the past year, ICP has experienced a 28.73% increase, though it remains significantly below its all-time high of $2,831.02 reached on May 11, 2021.
Technical indicators currently suggest a neutral trend, with oscillators and moving averages not signaling a strong buy or sell position.
Price Predictions:
Forecasts for ICP in 2025 suggest a potential high of $33.17 in January and a low of $10.51 in September, indicating expected volatility.
Community and Development:
ICP maintains an active community presence, with resources available on platforms like Reddit, X, and GitHub.
Conclusion:
ICP presents a unique proposition in the cryptocurrency space by aiming to decentralize internet services.
However, its market performance has been volatile, and future price movements are uncertain.
Potential investors should conduct thorough research and consider market volatility before making investment decisions.
#URPD stands for UTXO Realized Price Distribution, to analyze the distribution of Bitcoin's realized prices based on the age of the UTXOs (Unspent Transaction Outputs) or in other words #UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created (i.e. each bar shows the amount of existing bitcoins that last moved within that specified price bucket). The price specified on the x-axis refers to the lower bound of that bucket.
The UTXO Realized Price Distribution helps to understand the average cost basis of Bitcoin holders based on when they acquired their coins. It divides the UTXOs into different age groups, such as those acquired within the last 30 days, 90 days, 180 days, and so on, and calculates the average price at which those coins were last moved.
This metric provides insights into the behavior of long-term holders (HODLers) and short-term traders. It allows analysts to determine the levels at which different cohorts of Bitcoin holders may be willing to sell their coins, as well as the potential price levels at which they acquired their holdings.
By analyzing the URPD, one can gain a deeper understanding of the distribution of Bitcoin's realized prices across various time frames and identify potential price points where significant buying or selling pressure may emerge.
#AVA is been in a 2.6 Year of consolidation and had a very huge breakout with a tweet about the revenue and retweet via CZ. Price to too high here and wait for a proper retracement, to reach the a support area or price to form a new support.
$LTC almost 100% Identical to $XRP chart with few exceptions💁♂️
1 Step - consolidation in the middle of the rally 2 Step - rally continuation to ATH 3 Step - rounding bottom accumulation (Adam & Eve for LTC) 4 Step - distribution 5 Step - ascending triangle accumulation 6 Step - rally and breakout of monthly horizontal resistance
Also pay attention how 💰 #Litecoin accurately interacts with a mid-zone just as 💰 #Ripple does🤝
It's time to release the rally and complete the 6th step
xMoney (formerly Utrust) is a blockchain-based payment platform that integrates traditional payment systems with the advantages of cryptocurrency, aiming to facilitate swift and seamless crypto transactions with reduced fees. This enables merchants to access a broader audience of cryptocurrency holders while providing buyers with secure transaction methods, including options for refunds, and protecting sellers from market volatility.
As of December 15, 2024, xMoney's native token, UTK, is trading at approximately $0.1383 USD, with a 24-hour trading volume of about $163.15 million USD. The circulating supply is 704,112,145 UTK, out of a maximum supply of 1,000,000,000 UTK.
Over the past 24 hours, UTK's price has increased by 55.74%, and it has risen by 108.50% in the past week.
xMoney's platform allows merchants to accept digital currencies as payment, aiming to bring digital currencies to mainstream consumers while providing buyer protection and the credibility of traditional payment platforms. The platform supports multiple digital currencies, including its native UTK token, which can be used for purchasing goods and services with zero-fee exchange rates.
Zilliqa (ZIL) is a public, permissionless blockchain platform designed to address scalability and throughput challenges by implementing sharding technology. This approach enables the network to process transactions in parallel, significantly enhancing its capacity and speed.
As of December 15, 2024, ZIL is trading at approximately $0.02699 USD, with a 24-hour trading volume of about $42.59 million USD. The circulating supply is 19,278,239,670 ZIL, contributing to a market capitalization of around $520.5 million USD.
Zilliqa employs a hybrid consensus mechanism that combines Proof of Work (PoW) and Practical Byzantine Fault Tolerance (PBFT). PoW is utilized for network security and miner verification, while PBFT facilitates consensus within individual shards, ensuring rapid and secure transaction processing.
The platform also features Scilla, a peer-reviewed functional programming language designed for writing safe and secure smart contracts. This focus on security aims to minimize vulnerabilities and enhance the reliability of decentralized applications (dApps) built on the network.
Zilliqa's ecosystem supports various applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and other dApps, offering developers a scalable and efficient environment for innovation.
AdEx (ADX), also known as Ambire AdEx, is a decentralized advertising platform that leverages blockchain technology to enhance transparency and reduce fraud in digital advertising. It operates as a Web3 marketing platform, connecting advertisers and publishers directly, thereby eliminating intermediaries and ensuring fair compensation for all parties involved.
As of December 15, 2024, ADX is trading at approximately $0.2736 USD, with a 24-hour trading volume of around $59.58 million USD. The circulating supply stands at 144,046,027 ADX, out of a maximum supply of 150,000,000 ADX.
Since its inception in 2017, AdEx has evolved from a decentralized ad exchange into a comprehensive advertising protocol. It functions as a Demand-Side Platform (DSP), enabling advertisers to acquire traffic, conduct real-time bidding, and utilize programmatic technology.
#ENJ dropped hard with the market retraced down and rejected from the major support zone of $0.25 - $0.26. Currently, price dropping and kinda of having a reach towards the major support zone again and buys looks good.
3️⃣ MicroStrategy and US spot ETFs each acquired approximately 200,000 BTC.
This shows a significant redistribution of BTC supply, with institutions and short-term investors stepping in to fill the gap left by long-term holders.