storj
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📈 Analysis and Prediction (LTC and ARB):
🚀 BTC/USDT - #bitcoin started November 9th with an increase. In just a few hours, the cryptocurrency has risen by almost 5%. The events: The #sec has entered into talks with Grayscale, discussing the conversion of their #btc fund into a spot Bitcoin ETF. It is worth noting that at the end of August 2023, the court sided with Grayscale. The judge ordered the regulator to review the company's application to convert the fund into an ETF. The Commission did not appeal the court's decision. Many crypto community members believe that after breaking the $36,000 level, BTC will experience a pullback. The reason is that such sharp price jumps often lead to corrections. Others believe that breaking the $36,000 level can be considered the official start of a bull market. With the rise of Bitcoin, large investors have begun actively buying cryptocurrencies. Crypto industry participants believe that whales may have had insider information about the potential approval of the first-ever US spot Bitcoin ETF.
💰 STORJ/USDT - Since the beginning of the year, has been trading in a range between $0.25 and $0.50. During this time, the price has repeatedly tested resistance and support levels. Recently, STORJ bounced off the lower boundary of the range, forming a very long lower wick, which is considered a sign of growing buyer pressure. This movement served as a catalyst for further growth. After another failed breakout attempt in October, the price finally broke through and reached a high of $0.71. This is the highest price in the last 440 days. Wave analysis of the daily chart shows that STORJ is in the third wave of a five-wave uptrend. The daily RSI supports a bullish outlook for the altcoin.
🤔 And what do you think about this? Share your thoughts!
🚀 BTC/USDT - #bitcoin started November 9th with an increase. In just a few hours, the cryptocurrency has risen by almost 5%. The events: The #sec has entered into talks with Grayscale, discussing the conversion of their #btc fund into a spot Bitcoin ETF. It is worth noting that at the end of August 2023, the court sided with Grayscale. The judge ordered the regulator to review the company's application to convert the fund into an ETF. The Commission did not appeal the court's decision. Many crypto community members believe that after breaking the $36,000 level, BTC will experience a pullback. The reason is that such sharp price jumps often lead to corrections. Others believe that breaking the $36,000 level can be considered the official start of a bull market. With the rise of Bitcoin, large investors have begun actively buying cryptocurrencies. Crypto industry participants believe that whales may have had insider information about the potential approval of the first-ever US spot Bitcoin ETF.
💰 STORJ/USDT - Since the beginning of the year, has been trading in a range between $0.25 and $0.50. During this time, the price has repeatedly tested resistance and support levels. Recently, STORJ bounced off the lower boundary of the range, forming a very long lower wick, which is considered a sign of growing buyer pressure. This movement served as a catalyst for further growth. After another failed breakout attempt in October, the price finally broke through and reached a high of $0.71. This is the highest price in the last 440 days. Wave analysis of the daily chart shows that STORJ is in the third wave of a five-wave uptrend. The daily RSI supports a bullish outlook for the altcoin.
🤔 And what do you think about this? Share your thoughts!
