🚀 Here’s why the crypto Altseason could start tomorrow

While Bitcoin (BTC) flirts with the long-awaited $100,000, and Jim Cramer recommends a “buy,” crypto traders eye the Altseason. Historically, money has rotated from Bitcoin into altcoins after significant breakouts, which could occur again this cycle, starting on Sunday.

This is because Sunday, November 24, will close the third consecutive week above Bitcoin’s last weekly candle’s high. Essentially, an altseason started every time this pattern occurred in the previous two cycles, as TechDev shared on X.

An altseason happens when altcoins outperform Bitcoin, diminishing its market cap dominance. Some analysts are already excluding Ethereum (ETH) as part of “altcoin” analysis, given its market size and relevance.

In summary, trading experts and crypto investors expect mid-to-low-caps to outperform the leaders, better distributing the capital among all cryptocurrencies.

🔸 The altcoins season (altseason) is starting

On TechDev’s insight, the Bitcoin and crypto analyst pointed out a pattern that dates back to March 2017. According to him, the last two altseasons started after three consecutive weekly closes above the last Bitcoin weekly high.

This pattern is in play right now, with the third consecutive week to close tomorrow, Sunday night, starting on Monday. Therefore, this week could be a key period for what some experts are labeling “utility altcoins,” with high growth potential.

Notably, TechDev crossed over the Bitcoin Dominance Index (BTC.D) with Bitcoin’s weekly chart, illustrating the start of the altseason.

In this context, some altcoins have already started surging, leading the way for other cryptocurrencies. Solana (SOL), Ripple (XRP), Cardano (ADA), Algorand (ALGO), Hedera (HBAR), Near Protocol (NEAR), and Sui Network (SUI) are some of them, outperforming other projects in the past few days as money starts rotating from Bitcoin and Ethereum to lower caps.

#Altcoin #Altseason #Altcoins

💥 Here is How Much XRP You Need to Make $1M if XRP Hits $150, $258, $305 and $403

Individuals looking to make $1 million from XRP via ambitious price points in the triple-digit range require a modest initial investment.

XRP has recently renewed optimism among community members and steadfast holders that their millionaire dreams are still on course. Last week, XRP recaptured a three-month high of $0.6366, even momentarily emerging as the best performer among prominent crypto assets.

Notably, XRP regained $0.6366 in under two weeks after revisiting a 16-month low of $0.385, marking a growth of over 65%. This impressive growth has convinced XRP bulls that they are not missing the 2024/2025 bull season.

With widespread projections suggesting XRP’s likelihood for more than double-digit values, this article explores the number of tokens an investor must hold to attain a millionaire should XRP attain audacious prices of $150, $258, $305, and $403.

🔸 XRP Needed to Make $1M if XRP Hits $150, $258, $305 and $403

To make $1 million via XRP in the hypothetical scenario where its market value attains $150, one must have 6,667 tokens in his portfolio. With XRP trading at $0.5899 at press time, following a brief retracement, acquiring the portfolio costs $3,932.66.

Put differently, an investor stands to see their investments explode by over 253-fold should XRP attain $150.

Meanwhile, investors targeting to make $1 million from XRP at a price point of $258 require a significantly lower initial investment. Specifically, one needs to hold only 3,875 XRP, which costs $2,286 today, to generate a million at the $258 price.

Similarly, a crypto investor must purchase 3,279 XRP valued at $1,934 today to make $1 million when XRP attains $305. The $403 XRP price point demands the least initial capital commitment.

To make a million dollars at $403, one must purchase and hold only 2,481 XRP, which costs $1,463 today. Meanwhile, this investment would expand by 68,216% should the ambitious $403 price materialize.

$XRP #XRP #Ripple

🟠 Michael Saylor Shares List of Those Who Own the Largest #Bitcoin Reserves

MicroStrategy CEO Michael Saylor has published a list of 60 companies that have the largest Bitcoin reserves.

The leader of the rating is MicroStrategy itself, which has 442,262 #BTC on its balance sheet.

The list also includes mining companies MARA Holdings (formerly Marathon Digital), Riot Platforms and Hut 8.

In total, the 60 companies named by Saylor have 591,368 BTC on their balance sheets.

🤔 Is #Aptos aiming for growth?

According to Flipside, Aptos has seen key on-chain metrics grow in 2024, which is a positive sign.

Analysts highlight a 5-fold increase in the number of active Aptos wallets, as well as a more than 900% increase in TVL 📈

Do you believe in $APT growth above $20?

#APT

⚡️ Tesla May Bring Back $BTC As Payment for a Car

#Bitcoin 's Clean Energy Usage Now Exceeds 50% Elon Musk previously stated that Tesla would accept Bitcoin payments again when clean energy usage exceeds 50%. However, Musk has yet to comment on the matter.

📝 DeFi Education Fund filed a lawsuit against the IRS just 24 hours after the IRS decided to impose taxes on DeFi and DEXs.

🇺🇸 CryptoQuant CEO Ki Young Ju said that Donald Trump's crypto policy will depend on the perceived strength of the US economy and the dollar on the global stage.

🗣 VanEck CEO said:

"My basic assumption is that the value of BTC will be half the value of all gold issued. So we are looking at something like $300,000 per #BTC ."

💥 Price Waves Reveal Pivotal $AVAX Support At $31

In line with the general crypto market, Avalanche (AVAX) has experienced significant market correction over the past two weeks following an extended price rally. With the altcoin’s price now hovering around the $36 price zone, recent market predictions have highlighted a critical market condition needed to avoid a complete collapse of AVAX’s bullish structure.

🔸 AVAX Bulls Must Defend $35.30 For Total Price Recovery

On December 27, digital asset analysis platform More Crypto Online shared an insightful commentary on the AVAX market via the X platform. With the aid of the Elliott Wave Theory, the market experts forecasted a yellow scenario which is typically a bullish projection.

For context, the yellow scenario indicates an asset is in a corrective phase specifically within the B-wave of an A-B-C correction i.e a three-wave pattern that occurs during a price correction of which B is usually an upward movement that aligns with the ongoing market trend before transitioning to a final downward C-wave.

A yellow scenario suggests the B-wave is still forming and could push higher, provided an asset’s price holds above certain levels. In terms of the AVAX market, analysts at More Crypto Online state the asset price must remain above $31.69 to keep the yellow scenario valid.

However, to strengthen the case of this yellow scenario, market bulls must ensure AVAX’s price does not break below $35.3 as a dissent below this price region could potentiate a further decline to $31.69. The analyst warns that any price fall below this lower threshold would invalidate the yellow scenario resulting in a downward C-wave.

🔸 #AVAX Price Overview

At the time of writing, AVAX trades at $36.74 following a decline of 2.12% in the past 24 hours. Meanwhile, the altcoin’s daily trading volume is down by 6.40% and valued at $448.45 million. On larger time charts, AVAX is in greater losses of 11.65% in 7 days and 14.81% in 30 days, demonstrating a consistent decline in recent weeks.

#Avalanche

🪙 RSI Points to $BTC Growth

The daily RSI of Bitcoin price dropped to the range when BTC was trading at $60K. Earlier, after testing this area, BTC rose by more than 70%.

📈 These are some of the signals for a BTC price recovery, especially if ETF inflows increase next week.

#BTC #Bitcoin

💥 Here Are Dogecoin Bottom, Pre-Pump, and Pump Years as Weekly Candle Signals $DOGE Gearing for the Next Run

Dogecoin (#DOGE ) has been capturing the attention of traders as its latest chart patterns suggest another explosive rally is on the horizon.

Dogecoin is struggling to maintain dominance above the $0.30 price level after plummeting by 7.5% over the past week. However, analysts believe a turnaround is imminent.

In a post on X, trader Tardigrade shared insights into Dogecoin’s yearly and weekly price movements. He pointed to historical cycles and technical signals that hint at a significant bullish run on the horizon.

🔸 The Yearly Harmonic Pattern

The yearly chart reveals a striking harmonic pattern that divides Dogecoin’s market history into three distinct phases: Bottom Years, Pre-Pump Years, and Pump Years.

Notably, Dogecoin’s bottom years were 2015, 2019, and 2023, according to the analysis. These years mark Dogecoin’s major market bottoms, where prices reach the lowest point of the cycle before an upward trajectory begins.

Meanwhile, the pre-pump years are 2016, 2020, and 2024. These were often characterized by early signs of recovery and accumulation. These years set the stage for substantial rallies. For instance, Dogecoin registered a 5X surge between September and December.

Notably, the pump years, including 2017, 2021, and the incoming 2025, have historically seen massive bullish candles, propelling DOGE to new heights.

Based on this recurring pattern, Tardigrade believes 2024 has served as a setup year. According to him, it is paving the way for a potential major breakout in 2025, which could mirror the explosive gains witnessed in 2017 and 2021.

🔸 Weekly Chart Signals Bottoming Zone

In addition to the yearly analysis, the weekly chart provides encouraging signs for Dogecoin’s near-term prospects. Trader Tardigrade highlighted the appearance of a “Spinning Top” candlestick, a pattern that typically signals market indecision and a potential reversal.

#Dogecoin‬⁩

⭐️ Can $FLOKI Inu Lead the Memecoin Rally with its Upcoming ETP Launch?

The Floki community recently voted in favor of a proposal that will help create the liquidity needed for the ETP launch, which is now set to go live by Q1 2025. When it goes live, it will become the second memecoin ETP on a regulated stock exchange, following in the footsteps of the Dogecoin ETP. The coin has seen a jump of 400% this year showcasing immense community support to push it to new heights.

💬 Many seem to be taking for granted how incredible it is for a #memecoin to have an ETP.There are millions of memecoins, and there are at least 8 memecoins above $1 billion market cap!Of these, only one currently has an ETP on a regulated stock exchange: $DOGE. #FLOKI is next. — B (Da Viking)

Floki’s bullish move is creating a possibility of a memecoin breakout in 2025 as following the lead many others will jump on the ETP mania to leverage the success. Following the news Floki is expected to rise in price and may attract big institutional support.

🔸 What is the Proposal?

As per the proposal, it will allocate a portion of the 16.3 billion tokens in the community’s buyback wallet to provide liquidity for the ETP, while the remaining tokens will be burned. As a result, the token’s price surged 5%, reaching $0.0001797, with trading volume jumping by 58% in just 24 hours. The community-driven projects are seen as a hot choice for crypto investors as many meme coins are supported by political leaders and celebrities.

🔸 Interest Market is Heating Up

Hence, market analysts are bullish about Floki’s potential. With futures open interest (OI) increasing by 10% and derivative volumes up by 74%, there’s a noticeable surge in market interest. Some analysts predict that Floki could rally by over 50%, possibly reaching $0.00055, and even target $0.00080. This growing attention from both traders and analysts highlights Floki’s bullish outlook, especially as the ETP launch could significantly boost its market visibility and investor interest.

#FlokiInu

🔵 Chainlink Price Tests Crucial Support At $22 Amid $LINK Whale Accumulation

Chainlink price faces strong selling pressure with chances of a crash to $12, while #LINK whales accumulate heavily at every dip, indicating a contrasting sentiment.

Chainlink price continues to see strong selling pressure dropping another 5.7% today amid a broader market correction. Following a rejection at $30, LINK has corrected 27% testing crucial support levels at $22. On the other hand, LINK whales have been accumulating at every price dip highlighting bullishness among long-term players.

🔸 Where is #Chainlink Price Moving Next?

Chainlink is seeing strong selling pressure with the LINK price today correcting by another 5.7% in the last 24 hours and is currently trading at $21.36 with a market cap of $13.63 billion. The Coinglass data shows a 12% drop in the LINK open interest to $551 million. Also, the 24-hour liquidations have soared to $3.02 million of which $2.83 million is in long liquidation.

Popular crypto analyst Solberg Invest has flagged a potential head-and-shoulders pattern forming on Chainlink’s (LINK) chart, suggesting the possibility of a price decline. The analyst noted that if the Chainlink price breaches the pattern’s neckline, the token could target $16.6, with a worst-case scenario seeing a drop to $12.5. This technical formation adds a cautious note to LINK’s outlook, urging traders to monitor the market closely for further developments.

Despite this short-term bearishness, crypto investors continue to remain bullish for the long term. As per the CoinCodex data, 62% of investors believe that the LINK price can shoot up to $35 in the next month and further to $40 over a three-month period. This means that LINK investors can mint nearly 100% gains by the end of Q1 2025.

Having said that, it appears that Chainlink could witness a strong rebound ahead if bulls regain momentum. Besides, a recent LINK price prediction showed that the crypto is likely to hit $44 by next month, which has fueled market sentiment.

⚡️ $XRP and $DOGE : Insights into Market Behavior

Analyst Raoul Pal shared his insights on XRP and Dogecoin in a YouTube video, highlighting their potential in the current cryptocurrency market. Pal emphasized the importance of understanding market trends and taking a long-term investment approach.

🔸 Global Liquidity Drives the Market

Global liquidity plays a vital role in driving crypto prices. Assets such as Bitcoin and Ethereum often set market trends. However, XRP and Dogecoin have distinctive paths, showing their potential to outperform during specific cycles.

For example, Dogecoin has outperformed Bitcoin by 500% since 2013, showing its potential to surprise investors. This pattern highlights the importance of understanding liquidity-driven phases, often called the “Banana Zone.”

🔸 The “Banana Zone” and Market Patterns

The “Banana Zone” is a concept highlighting the interplay between macroeconomic conditions and cryptocurrency trends. It suggests that liquidity phases, often influenced by factors like interest rates and the strength of the dollar, significantly impact asset performance.

For Dogecoin and XRP, recent consolidations and corrections suggest possible future price surges. Investors must identify such patterns to capitalize on these assets’ long-term potential.

🔸 Technical Indicators for XRP and Dogecoin

XRP remains resilient, supported by wedge formations on its price chart that often signal breakouts. Similarly, Dogecoin shows recurring cycles of consolidation and growth, a hallmark of liquidity-driven assets.

These patterns show the value of technical analysis in predicting market movements. However, experts warn against overextending portfolios across too many assets, recommending a concentrated investment approach in top-performing cryptocurrencies.

#DOGE #XRP

👀 #Solana Prices Have Plunged Over 30% Since Late November

Solana prices have suffered some notable declines recently, falling more than 30% since reaching an all-time high in late November.

SOL, the native token of the high-throughput Solana platform, approached $175.00 on December 20, according to Coinbase data from TradingView.

At this point, the digital currency was down approximately 32% since reaching an all-time high of more than $257.00 on November 22, additional Coinbase figures from TradingView reveal.

Since then, the cryptocurrency has recovered somewhat, but it has been unable to recover most of the ground it lost since late November, trading near $185 at the time of this writing.

Market analysts offered several potential explanations for this weakness in the SOL token, including health consolidation and more serious concerns about declining activity on the token’s native platform.

“Solana has been in a down trend since breaking 2021’s all-time high of $260 with a swing wick high of $263.83 on the weekly Nov 22, 2024,” TikTok influencer who goes by Wendy O emphasized through emailed comments.

“This could be because of Bitcoin’s inability to sustain $100,000 or due to 2024 wrapping up, traders and investors taking profits before 2025 or the markets just cooling down in general as some uncertainty comes Q1 2025 as we expect a new administration,” she stated.

🔸 Uncertain Policy Outlook

The analyst pointed out that while former President Donald Trump’s reelection has bolstered cryptocurrency markets, there are many uncertainties surrounding exactly what will happen when he returns to the Oval Office.

Earlier this month, Trump revealed that he planned to nominate Paul Atkins, who previously served as a commissioner for the U.S. Securities and Exchange Commission, for the government agency’s top post.

Atkins, who currently serves as the CEO of consulting firm Patomak Global Partners LLC, is expected to take a more pro-business approach to regulation than current SEC Chair Gary Gensler.

#SOL

💬 Dogecoin Analysis: Is a Breakout Rally to $0.39 on Cards?

Will the ongoing Dogecoin recovery ignite a breakout rally this weekend, pushing the price to the $0.3900 mark?

Amid a quick recovery in the crypto market over the past few hours, the meme coin market cap has surged from $94 billion to its current level of $97.38 billion. As the meme segment experiences a rise in buying pressure, Dogecoin is back in action.

With a 13% increase over the past 7 days, Dogecoin’s market cap now stands at $47.15 billion. With a year-end rally looking increasingly likely, will Dogecoin stage a breakout?

🔸 #DOGE Price Analysis

On the 4-hour chart, Dogecoin’s price action shows a gradual increase in bearish influence. The lower-high formation following a failed attempt to break above $0.4842 has kept Dogecoin under the resistance of a trendline. This has led to three bearish reversals.

Additionally, the correction phase has resulted in a death cross between the 50- and 200-period SMAs and a bearish crossover between the 100- and 200-period SMAs. This alignment of the SMAs is bearish on the 4-hour chart.

After the death cross, the 50-SMA continues to act as dynamic resistance, keeping Dogecoin’s price under bearish control. Currently, Dogecoin is trading within a consolidation range between the 23.60% and 38.20% Fibonacci levels.

Meanwhile, the crucial support zone at $0.30, along with the 23.60% Fibonacci level, acts as a cushion. Dogecoin is currently priced at $0.3202, forming a bullish engulfing candle, marking a 2.90% increase in the past 4 hours. This recovery counters the 6.48% drop from the previous night, which had formed a bearish engulfing daily candle.

🔸 #Dogecoin Price Targets

As the intraday recovery gains momentum, Dogecoin is hinting at a potential breakout above the 50-SMA line. This would increase the likelihood of Dogecoin closing above the long-standing resistance trendline.

📣 Cardano Price To Hit $1.45 If $ADA Holds This Key Support, Top Analyst Predicts

A top analyst predicts Cardano price rally to $1.45 in the coming days if it holds above a crucial support level as #ADA noted strong recovery today.

The Cardano price was on the investors’ radar today, with a gain of over 3% after a recent volatile trading. The surge in ADA comes amid a recovery noted in the broader crypto market after volatile trading recently. Amid this, a top market expert has recently said that ADA is poised to hit $1.45 if the crypto can maintain critical support ahead.

#Cardano Price Soars Amid Broader Market Recovery

The crypto market went through volatile trading over the past few days, weighing in the investors’ sentiment. Top altcoins like Solana, XRP, ADA, and others, have also taken the hit from the recent market volatility. Besides, it also fueled concerns about the future of the altcoins season.

However, the recent recovery in the market indicates that the bull run is not over yet. Cardano price also recorded a strong surge today, indicating strong market confidence in the asset. In addition, analysts also remained bullish on the long-term trajectory of the coin.

Meanwhile, the optimism over the cryptocurrencies issued by the US-based firms has also increased recently with Donald Trump’s election win. In addition, Cardano Founder Charles Hoskinson’s backing of Trump has also gained notable traction from the market. Besides, the Republican victory has also fueled speculations over a potential Cardano ETF approval in the US.

For context, ETF Store President Nate Geraci has earlier predicted a flurry of altcoin ETF filings in the US after Trump’s win. In an X post, he said that Solana, XRP, and HBAR have higher chances of witnessing ETF filings. Besides, he also noted that “at least one issuer” would file for ADA or AVAX ETF as well. This reflects the pro-crypto regulatory anticipation under the Trump administration.

🔥 Internet Computer. (ICP) Aiming for 639% Surge: Analyst Insights

Internet Computer (ICP) is gaining notice in the crypto market as it prepares for a possibly huge breakthrough. Popular crypto analyst Javon Marks has tweeted that ICP is displaying strong bullish indications supported by good positive volumes.

Potential 7.3x Surge Places ICP on the Radar

Marks notes that ICP can aim for a breakout level of $79.57, which is already more than 639% apart from its present price. This estimate points to a possible rise of more than 7.3x, so this coin should be watched in the next months.

Meanwhile, as of writing, ICP is swapped hands at about $10.39, dropping 3.62% over the last 24 hours. Reflecting the difficult market conditions, this slump has driven the market cap below the $5 billion mark.

Notwithstanding this, ICP’s special qualities and growing acceptance in important industries help to maintain the hope for its long-term future.

ICP has especially been becoming popular in the Real-World Assets (RWA) market. According to a CNF prior report, among the top 20 cryptocurrencies most mentioned on social media are Internet Computer Protocol, projects like Chainlink (LINK), Avalanche (AVAX), and VeChain (VET). This buzz on social media emphasizes its increasing importance and acceptance among the crypto enthusiasts.

Furthermore appealing is ICP’s significant increase in network activity during the past year. The growing need for compatible DeFi solutions has mostly fueled this expansion. As we previously reported, its Chain Fusion ICP function has been very important since it thirteen times increases network activity.

ICP is a good platform for DeFi applications since this unique ability guarantees flawless compatibility with main blockchain ecosystems like Bitcoin and Ethereum. More developers and projects are so looking to the Internet Computer to use its sophisticated features.

#ICP #InternetComputer

📊 Top Altcoins to Watch for 2025 Growth: #SUI , #LINK , #ETH , and More

Bitcoin faced rejection at the $100,000 mark in the past 24 hours and now trades at $95,600, with risks of a further decline. According to Altcoin Buzz, the leading cryptocurrency might dip to the $87,000-$90,000 range before staging a recovery in 2025.

🔸 Mt. Gox and FTX Repayments Could Shape BTC’s Future

In a YouTube video, Altcoin Buzz explained that while Mt. Gox repayments might increase selling pressure, FTX’s cash repayments could offset the impact by injecting liquidity into the market. This liquidity could support purchases of Bitcoin and altcoins.

Additionally, MicroStrategy’s ongoing BTC acquisitions might fuel a stronger rally, according to the analyst.

🔸 Altcoins to Watch: $SUI , $USUAL , $LINK , and HYPE

Altcoin Buzz also highlighted several altcoins expected to perform well in the near term:

🔺 SUI Network (SUI): The network reached a $2 billion total value locked (TVL) and announced the launch of USDT on its blockchain. Altcoin Buzz predicts that SUI’s momentum could push its price to $5-$6 soon.

🔺 USUAL: Backed by Binance Labs and Kraken Ventures, this decentralized fiat stablecoin platform recently hit a TVL of $1.42 billion and an all-time high of $1.64.

🔺 Chainlink (LINK): The analyst noted that LINK remains undervalued, with whales, including Donald Trump’s World Liberty Finance, purchasing the asset. If LINK holds above $360, it could reach $600 by Q1 2025.

🔺 Hyperliquid (HYPE): Despite potential short-term drops to $23 or $18, Altcoin Buzz expects significant gains for HYPE in 2025.

🔸 ETH May Shine in 2025

Ethereum (ETH) struggled throughout 2024 but could rebound strongly in 2025. The recently approved BlackRock ETH ETF (ETHA), holding 1 billion ETH worth $3.4 billion, is seen as a major catalyst. While ETH has yet to reach its all-time high, Altcoin Buzz predicts a breakout will likely trigger an altcoin season.

#Altcoins

📊 $ENA Price Slips 10% Amid Ethena Whales’ Massive Dump, What’s Next?

ENA price witnessed a 10% drop on Friday, raising investor apprehensiveness as Ethena whales also embarked upon a dumping spree.

The synthetic dollar protocol Ethena set off waves of concerns among crypto market participants recently, witnessing a waning action amid massive whale selloffs. On-chain data on Thursday revealed that whales heavily offloaded millions of tokens, raising investor apprehensiveness amid a 10% crash in ENA price. As a result, crypto enthusiasts are now extensively eyeing the coin for future price action shifts in the wake of the market’s latest volatility.

🔸 #ENA Price At Risk? Whales Dump Heavily Raising Concerns

According to the data by Lookonchain, as of December 26, a couple of whales unstaked 3.36 million ENA, worth $3.17 million, and dumped it to the crypto exchange giant Binance. Per the data, the massive dump emerged amid the recent market drop, underscoring signs of panic selling. Notably, these whale addresses were identified as 0x886b.. and 0xbB22.., per Etherscan data.

Overall, the massive dumps amid the market’s recent drop indicate traders showcase a low-risk appetite, mitigating losses with selloffs. Meanwhile, another saga has added to concerns surrounding the asset’s market standing. CoinGape reported that BitMEX’s Arthur Hayes recently sent 7 million ENA to Binance after unstaking it. This exchange dump further raises market concerns as crypto is currently witnessing a slumping action.

🔸 How is #Ethena Performing?

At the time of reporting, ENA price cracked nearly 10% intraday and is currently trading at $0.9189. Its 24-hour low and high were $0.9219 and $1.04, respectively. Notably, the current waning trajectory falls in line with the broader crypto market trend and the abovementioned Ethena whale dumps.

Nevertheless, it’s also noteworthy that the token’s monthly chart indicated gains worth 48%.

💥 Analyst Predicts $XRP Price To Reach $27, Here’s Why

Crypto analyst Egrag Crypto has predicted that the XRP price could reach $27 by next year, providing a bullish outlook for the coin.

Crypto analyst Egrag Crypto has predicted that the XRP price could rally to as high as $27 in this market cycle. The analyst also provided insights into why XRP could reach such an ambitious price target.

🔸 #XRP Price To Reach $27 In This Market Cycle

In an X post, Egrag Crypto predicted that the XRP price could reach $27 in this market cycle. The analyst cited some statistics to prove why the crypto could indeed reach this price target.

First, the crypto analyst mentioned when XRP crossed the 21 Exponential Moving Average (EMA) in the 2-week time frame, a move which led to the cycle top in 2017 following an explosive rally of 50,000%.

In applying a similar measurement to the current price action, an XRP crossover of the 21 EMA to $27 represents a price gain of 4,770%. Such a price rally would represent only 9.54% of the 50,000% surge recorded back in 2017.

Egrag Crypto is confident that XRP can reach this price target since it witnessed a more explosive move back in 2017. This isn’t the first time the crypto analyst has raised the possibility of XRP reaching such heights based on historical trends.

Meanwhile, a recent CoinGape market analysis suggested that the XRP price could at least reach double digits as it rallies to $10. Fundamentals such as the RLUSD stablecoin and other Ripple partnerships support such a bullish outlook.

Such a price surge could also happen if the incoming SEC Chair Paul Atkins drops the Commission’s case against Ripple. The Ripple has undoubtedly had a negative impact on the coin’s price.

🔸 What To Expect In The Short-Term

In another X post, Egrag Crypto also discussed what to expect from the XRP price in the short term. The analyst stated that everything is just noise until one of these two things happens for XRP.

#Ripple

⚡️ $JASMY Prepares for Liftoff: The Cup and Handle Breakthrough

JASMY is about to break out. A cup and handle pattern is nearing completion, hinting at a possible rally once the resistance breaks. This setup has sparked excitement among traders looking ahead to 2025. With demand growing and large-scale accumulation underway, JASMY could be gearing up for a significant move. Here’s why this cryptocurrency is drawing so much attention.

💬 #JASMY is about to complete a cup and handle pattern.The pattern is completed as it breaks above the upper resistance line.And after that, the rally begins. The final correction is underway before this.2025 will be the start of the bull rally for JASMY. — CW (@CW8900) December 26, 2024
A Bullish Breakout Nears

JASMY recently surged by 15%, gaining momentum during the Santa rally. Prices climbed to $0.0405 on Christmas, marking a fresh weekly high. The market capitalization now exceeds $1.9 billion, reflecting growing investor interest. Retail enthusiasm continues to rise, earning JASMY the nickname “Japan’s Bitcoin.”

Fewer tokens remain on exchanges, with holdings dropping by 1.97% to 16.74 billion by December 24. That figure has since fallen further to just over 13 billion, based on recent CryptoQuant data. Whales are also taking notice. On December 24, one whale acquired over 37.9 million tokens. Such activity often signals strong confidence in future price growth, especially from larger players in the market.

🔸 2025: A Year of Opportunity

Many analysts view 2025 as the beginning of a new bull run for JASMY. The current correction seems to be the final step before an anticipated rally. A breakout above the resistance line could open the door to significant gains.

Investor confidence remains strong, as seen in declining exchange holdings. Whale activity adds another layer of optimism, with large holders showing clear interest. These factors point toward a potential upward surge in the coming months.

🤔 US stocks tumble as #Bitcoin remains stuck at $95k. Is the Santa Rally already over?

Wall Street’s so-called Santa Claus rally seems to have tripped over its own feet, while Bitcoin, the supposed king of volatility, is just sitting there like a lump, stuck at $95,000. Is this how we’re ending 2024? Flat stock performance, stagnant Bitcoin, and investors gnawing on their nails instead of celebrating a year-end windfall?

The Dow barely scraped together a gain of 0.04%, the S&P 500 dipped by 0.02%, and the Nasdaq went completely nowhere. Treasury yields? Through the roof. The 10-year note hit its highest point since May, sitting at 4.58% before a late-day pullback.

This surge in yields is a big problem for growth stocks, especially tech giants, which have propped up the market all year. Now, the “Magnificent Seven” are wobbling, and with them, the hopes of a December rally.

🔸 Santa Claus rally hits a brick wall

For those who don’t obsess over market quirks, the Santa Claus rally is a cute little phenomenon where stocks rally in the final trading days of the year, thanks to low liquidity, year-end bonuses, and tax-loss harvesting. It started to look promising earlier this week.

Then reality smacked Wall Street upside the head. Mixed economic data, hawkish signals from the Federal Reserve, and geopolitical tensions quickly killed the buzz.

The Fed is holding firm on its less-than-dovish outlook for 2025, with way fewer rate cuts than markets were hoping for. Higher yields are squeezing growth stocks, which is terrible news for a market dominated by mega-cap tech.

The S&P 500’s top ten stocks now account for 40% of the index’s market cap, a level that blows past the peak of the Dot-Com bubble. If these giants stumble, the rest of the market doesn’t stand a chance.

New U.S. jobless claims data added to the tension. Initial claims dropped slightly, which sounds great, but ongoing claims climbed to their highest levels since 2021. Translation: People are losing jobs, and they’re struggling to find new ones.

#BTC