December will be the last opportunity for EHT and altcoins to get on board:
1.BTC is consolidating, SOL is cooling off, while yesterday ETH-related blue chips UNI, AAVE, MKR, LINK, and CRV experienced a collective surge. The ETH sector has been a strong focus in recent weeks.
2.BTC.D is on a continuous decline, something that hasn't occurred in over two years. It will never return to the 61% high in November, marking a trend change.
3. The significant rise of ETH in November attracted many follow-up trades. If there is a consolidation in December, this will be the last chance to get on board, and it will shock you in January next year.
Layout of 3 altcoins with future growth potential exceeding 10 times!
1.JASMY
JasmyCoin (JASMY) is showing strong upward momentum, as indicated by its recent chart patterns. The breakout of the bullish triangle flag on the daily chart suggests a possible rebound in the future. Currently, the price is slightly retracing, which is typical after such breakouts, as traders lock in profits and the market adjusts.
JASMY's price is $0.031, consolidating near the support area of $0.02403. The Bollinger Bands indicate reduced volatility, suggesting accumulation at this level. The next resistance is at $0.035, which may pave the way for further increases. However, a drop below $0.02072 could trigger bearish pressure, pushing the price down to $0.01600.
The recent listing on Upbit significantly boosted JASMY's visibility, attracting considerable attention from traders. Upbit's reputation for high liquidity and user-friendly features has made this listing a milestone for JasmyCoin. Institutional investor interest surged by 180%, exceeding $225 million, while open interest rose by 4.38%, indicating increasing confidence in JASMY's growth potential.
JasmyCoin also stands out for its focus on empowering individuals to control their personal data. Businesses benefit from blockchain-based secure data management solutions. This dual focus positions JasmyCoin as a leader in privacy-driven technology, addressing the growing demand for secure systems in the Internet of Things (IoT) space.
2.VET
VeChain (VET) is a leading blockchain network in environmental sustainability and tokenization, gaining significant attention. Launched in 2015, VeChain has been dedicated to modernizing industries through blockchain technology.
In recent weeks, VeChain's price has surged by 129.82%, reigniting interest in what was once considered a 'legacy coin.' This impressive performance highlights its resilience and growing relevance in the competitive blockchain space.
Market analysts are optimistic about VeChain's future. Notable market expert Schofield points out that VeChain has broken through a key trend line, which may lead to another 20% rise in the next few trading days. The current relative strength index (RSI) is 63, indicating strong bullish momentum. Simultaneously, the fear and greed index stands at 80, reflecting extreme greed and indicating high investor confidence.
VeChain's price forecast is equally encouraging. Leading data aggregator Coincodex predicts that VET could reach $0.1 by March 2025, representing a potential return of 293%. For investors, this means a $1,000 investment today could grow to $2,691 in two years.
Beyond price movements, VeChain is also driving real-world impacts. The network's collaboration with Renji Hospital utilizes blockchain solutions to transform the reproductive healthcare sector. Meanwhile, VeSwap is expanding opportunities within the Web3 ecosystem. Strategic partnerships with major companies like Walmart China and BMW highlight VeChain's role in enhancing supply chain transparency, particularly in the realm of real-world assets (RWA).
3.XRP
The price of XRP skyrocketed above $2, reaching its highest level since 2018, with a market capitalization exceeding $100 billion. This surge may be related to Ripple's plans to launch the stablecoin RLUSD, with regulatory approval possibly arriving as early as December 4. Ripple has been striving to comply with U.S. regulations to achieve a compliant issuance.
The introduction of RLUSD may enhance XRP's role in financial transactions. Broader use of stablecoins could increase demand for XRP, potentially further driving up its price. Ripple's integration with traditional finance may amplify these effects, leveraging stablecoins to increase utility.
From a technical perspective, XRP shows positive short-term, medium-term, and long-term trends. The moving averages indicate potential strength, with the token trading 248% above its 200-day simple moving average of $0.69. Additionally, XRP's current price is $2.39, up 25.57% within 24 hours, close to the recent high of $2.49.
Additionally, the 24-hour trading volume to market cap ratio is 0.3888, indicating strong liquidity. Meanwhile, Ripple has partnered with Archax and abrdn to launch the first tokenized money market fund on the XRP ledger. Tokenized assets are projected to reach $16 trillion by 2030, with the aim of improving cost efficiency and settlement processes.
