$ALTs UPDATE -- The price action of the $ALTs market cap is currently respecting its horizontal resistance level, marked between 3.62T and 3.59T. 📊 The market cap is consolidating at this level, signaling a potential breakout scenario. 🔄
With the rise in volume, there is an increasing likelihood that the price action will flip this resistance zone into support. ✅ If this happens, we can expect a further increase in the prices of $ALTs. 🚀 #AltSeasonOnTheWay #writetoearn
The current cycle is 26.94% below the average ROI of the last two cycles (8.18x), highlighting the challenges of sustaining exponential growth as liquidity needs increase.
Bull Market Volatility: Here’s how this bull market’s corrections compare to the previous cycles:
Average Drawdowns: 🔹 2022+: -7.68% 🔹 Overall: -16.24%
Max Drawdowns: 🔹 2022+: -26.25% 🔹 Overall: -71.15% (2011-2013)
This cycle stands out as the least volatile, with the mildest corrections compared to its predecessors.
$BTC Analysis DECEMBER 11th, 2024 ------------------- BIAS: Mid-Term: BULLISH Short-Term: BULLISH -------------------- The price action of $BTC on the H1 timeframe is currently respecting the resistance trendline, with signs of attempting a breakout. 📊
A successful breakout and retest of this level could pave the way for further upward momentum and a potential pump. 🚀 ----------------- MAIN INTEREST LEVELS
Star Xu, CEO of one of the largest exchanges on earth OKX, now predicts that Bitcoin will hit $1 Million.
This prediction is going to keep coming up, you're going to see it a lot. I believe it will hit $1 Million per Bitcoin in the next decade.
$1 Million Bitcoin is the new $100,000 Bitcoin. Last cycle everyone was saying we would hit $100,000, and we got to mid $60s range. Expect the exact same diluulu from folks who don't understand the supply and demand cycle of Bitcoin alot over the next year.
The Cost Basis Distribution metric reveals where Bitcoin supply has clustered at key price levels. Recent data shows $99,559 as the largest accumulation zone below $100K (a total of 125K BTC), while $96K–$98K, with 120K BTC accumulated, shapes up as a potential short-term support level.
CBD also highlights $101,669 (44K BTC) as a level to watch. While $99,559 shows stronger accumulation, it may act more as an area of interest than immediate resistance, depending on how market momentum evolves.
Typically exclusive to Professional plan users, the Cost Basis Distribution Heatmap is now accessible to Advanced plan users until the end of 2024. #BTC #BNB #writetoearn #Write2Earn!
#BTC UPDATE ------------------- JUST IN: 🇺🇸 US President-elect Trump says he is considering pulling the United States out of NATO. #BTC #BNB #Write2Earn! #writetoearn
The price action on the H1 timeframe successfully faced rejection from its horizontal resistance level marked between 3.62T to 3.6T, indicating a lack of bullish momentum to break above this level.
Following this rejection, the price action is heading toward the Fair Value Gap (FVG) level, marked between 3.53T to 3.51T. This movement suggests a potential retracement to fill the gap, aligning with typical price behavior as it seeks equilibrium. 📉 #BTC #CryptoNewss #Write2Earn! #writetoearn
Performance of crypto this week.Looks like the boom is not over yet.Check Gainers and losers daily to find profitable opportunities as they pairs are moving near resistance and support respectively. #BTC #BNB #SOL #Write2Earn! #writetoearn
According to my current Binance Coin price prediction, the price of Binance Coin is predicted to rise by 18.13% and reach $ 735.70 by December 22, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 94 (Extreme Greed). Binance Coin recorded 15/30 (50%) green days with 3.79% price volatility over the last 30 days. Based on the Binance Coin forecast, it's now a good time to buy Binance Coin.
#XRP is going to explode guys.It is just the beginning for XRP for the ones holding XRP from years.Anyone having doubt on XRP should first give a little time and study about the ecosystem of XRP.Moreover, XRP surpassing USDT in marketcap is a huge signal for XRP to push further high. #BTC #BNB #Sol #writetoearn
XRP has crossed a critical price mark of 2$ and is on the surge to 2.5$.Where are all the negative predictions now??.. XRP is undoubtedly the next giant in Global crypto market. #BTC #BNB #withritetoearn
XRP has crossed a critical price mark of 2$ and is on the surge to 2.5$.Where are all the negative predictions now??.. XRP is undoubtedly the next giant in Global crypto market. #BTC #BNB #withritetoearn
The top 50 coins that have performed very well in the global crypto market over the last 90 days My top 5 holdings would be XRP, BNB ,SOL,ETH, CORDANO #withritetoearn
Hedera Hashgraph (HBAR) is on the rise to start 2024. Its price has more than doubled in the past month alone. The blockchain is marketed as an innovative Layer 1 network that facilitates enterprise use. Some speculators disagree and believe it is just a worse version of Ethereum. However, both could be true; as the ecosystem adapts, a sharp focus has been placed on a multichain future. If interoperability between chains continues to develop, maybe Hedera Hashgraph and Ethereum can both thrive. #BTC #BNB #ThanksgivingBTCMoves #BinanceBNSOLPYTH #withritetoearn
Dogecoin has broken up from an approximate horizontal trend channel in the medium long term after investors have paid ever more. A positive signal has been triggered and further increase for the currency is indicated. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the currency has support at approximately 0.17 points. Positive volume balance indicates that volume is high on days with rising prices and low on days with falling prices, which strengthens the currency. RSI is above 70 after a good price increase the past weeks. The currency has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
Solana's price surged to a new all-time high (ATH) of $263.70, marking a 56.90% increase over the past month, following Bitwise's application to list a spot ETF tracking the coin.