Are Altcoins Gaining Momentum This Season?

Over the weekend, the altcoin market showed significant activity, prompting discussions among traders about the potential onset of an altcoin season. Cryptocurrencies like Solana (SOL), XRP, Cardano (ADA), and TRX witnessed impressive price increases, ranging from 15% to 90%, while major players Bitcoin and Ethereum remained stable. However, Ethereum’s ongoing struggle to break past the $3,000 threshold is perceived as a crucial factor for a broader market rally.

Historically, altcoins have shown stronger performance during periods of market consolidation following substantial rallies in Bitcoin and Ethereum. Currently, Bitcoin’s dominance is at 60%, but analysts believe that a confirmed altcoin season would require this figure to drop below 58%.

How Important is Ethereum’s Price Movement?
Ethereum’s price trajectory remains a critical factor for potential altcoin rallies. After reaching $3,444 in early November, Ethereum experienced a 10% drop, but it is currently finding solid support around the $3,000 mark. Analyst Ali Martinez noted that over 2.8 million addresses are accumulating ETH, reinforcing this support level.

Several key points emerge from the current market analysis:
– Ethereum is expected to rise significantly, with forecasts suggesting a potential peak of $9,200 by mid-2025.
– A tightening price range for Ethereum indicates possible upward momentum.
– Institutional interest is growing, which may further stimulate altcoin activity.
– Political changes could enhance crypto regulations, fueling investor optimism.

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Pepe Price Prediction: PEPE Soars 64% In A Week As Investors Rush To Buy Pepe Unchained Before It’s Too Late

The Pepe price is up more than 64% on the weekly time frame despite a 2% drop in the last 24 hours to trade at $0.00002061 as of 11:21 p.m. EST as investors accumulate the popular meme coin.
Along with the minor decrease in the PEPE price throughout the past trading day, the meme coin’s volumes also recorded a drop of more than 1% in the last 24 hours.

The Pepe price has been in a consolidation period between $0.00001952 and $0.00002392 in the last 48 hours, and is currently testing the $0.00001952 support level. A break below this technical safety net might mark the end to the meme coin’s sideways trading. Bears could then end up taking control of PEPE’s price and push it down to the next support at $0.00001463.

In a more bullish scenario, the PEPE price maintaining a position above the $0.00001952 mark for the next 12 hours could lead to a rebound. Buyers might step in in this alternative scenario and push PEPE to the upper boundary of the consolidation range at $0.00002392. Breaking above this point could then give PEPE the space needed to rise to $0.00002881.

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BREAKING NEWS FOR SHIBA INU AND DOGECOIN HOLDERS

Shiba Inu (SHIB) and Dogecoin (DOGE) are leading the meme coin resurgence with massive rallies that have left investors in awe. However, with their 11-figure market caps, it’s safe to say that both Shiba Inu and Dogecoin have reached the point of diminishing returns and investors searching for the next 100x should look elsewhere.

Shiba Inu gears up for the next rally as volume surges
Shiba Inu has been consolidating around the $0.000024 mark over the last few days after a retracement from the $0.000029 level where selling pressure intensified. Over the last month, Shiba Inu has experienced 31% gains, placing it at the 11th place on the crypto totem pole with $14.69 billion in market capitalization.
Shiba Inu bulls are taking advantage of this dip and adding to their positions, as reflected by the 15% surge in 24-trading volume, with over $1.3 billion worth of SHIB traded on exchanges. Shiba Inu’s burn mechanism is also firing on all cylinders, reaching a 6,223% increase in SHIB removed from circulation, or roughly 290,000 tokens in a single day.

Dogecoin consolidation continues, support is holding strong
Dogecoin has also experienced a pullback that took it from $0.42 to $0.37 where consolidation has started. Over the last day, Dogecoin recorded little to no movement in terms of price action, as the broader crypto market has entered a brief cool-off phase.
Just a few hours ago, Elon Musk sent the Dogecoin community into a frenzy as he revealed that he is still holding his DOGE bag with no intention of selling any time soon. Elon Musk single-handedly reignited the Dogecoin hype with its pivotal role in Trump’s presidential victory. This is significant as the President-elect has made it clear that his administration will support and encourage cryptocurrency development in the US and in addition to this, Elon Musk is set to be head of the newly founded Department of Government Efficiency, codenamed DOGE.

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Why Isn't Ethereum Price Rising As Much As It Used To? What's Expected for ETH by the End of the Year?

The largest altcoin, Ethereum (ETH), is experiencing a more passive rise compared to Bitcoin and other altcoins.

ETH, which has been in steady decline against BTC, is up only 36% this year, significantly lagging behind BTC’s impressive 109% rise.

The outlook for Ethereum is still bleak. At this point, analysts believe that the price is unlikely to exceed $4,000 by the end of December due to investor disinterest in ETH.

According to CoinDesk, new research from Amberdata suggests that ETH has only a 10% chance of breaking past its Q1 high of $4,000. However, investors are betting that BTC will break new highs above $100,000 while not expecting much of a rally for ETH.

At this point, Amberdata Derivatives Director Greg Magadini said that according to probability density function (PDF) and cumulative distribution function (CDF) indicators, investors estimate that Ethereum has only a 10% chance of breaking the $4,000 mark by the December 27 option expiration.

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DogWifHat Analysis: Key Levels To Watch In The Market

Dogwifhat shows strong market potential following the Coinbase listing and major technical breakout on the Solana network.
Whale's significant withdrawal of WIF signals a strategic move, prompting investor speculation in the meme coin market.
One of the best memes available in the Solana ecosystem, Dogwifate has attracted attention for its distinctive branding – the basic yet catchy idea of ​​putting a hat on a dog.
The meme coin has broken through important downtrend resistance and is currently under challenge to reach its all-time high (ATH). Davis added that the new Dogwifhat (WIF) listing on Coinbase has been the main trigger for significant price changes.

Currently WIF has returned to the US$3.60-US$3.70 zone, an important historical resistance zone that could turn into support. Davis underscored the importance of this holding level and suggested that failure could lead to a further decline towards US$3 – a critical line for the meme coin's future price movement.

WIF's hopeful price projections are supported by Fibonacci extensions. With targets ranging from US$7.30 to US$11.30, even US$15, he expects a break above $4.90 to pave the way for possible gains.

Additionally, CNF previously reported that a whale withdrew US$15.87 million worth of WIF from Binance, implying a possible calculated market move. Meanwhile, when this article was written, WIF was trading at US$3.409, down 5.27% over the last 24 hours and up 56.60% in the last 7 days.

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XRP Prices Have Skyrocketed, Is It Still Worth Chasing?

blockchainmedia. id
Discussing the prospects of XRP has always been a hot debate in the crypto world. In his latest video entitled Is It Too Late to Buy XRP?, renowned analyst Lark Davis thoroughly examines the charts, market potential and various catalysts that might influence the price of XRP.According to Lark Davis, the XRP chart shows an interesting pattern after years of stagnation. He highlighted that XRP, which has been under heavy pressure since 2017, has just broken through a long-term downtrend.“This is the big breakout pattern that has been anticipated for years. If this pattern gains strength, the price of XRP could rise significantly,” said Lark Davis.

In his analysis, Davis noted that XRP showed a significant price increase of up to 136 percent in the last two weeks, with market capitalization surging to US$40 billion. He said that indicators such as MACD and RSI indicated strong bullish momentum.

He estimates that a price target of between US$6 to US$7 is more reasonable than the fantastic figures like US$589 that are often mentioned in the crypto community.
Current price XRP is around $1.0943

“This target is equivalent to a 6-fold increase from current prices. "That's quite fantastic," explained Davis.

However, he also noted that reaching that figure would require a market capitalization of around US$400 billion, which is within reasonable limits for a large altcoin like XRP.

Additionally, Davis explained that XRP's market cap is now much larger compared to its peak in 2017. With more coins in circulation, XRP needs a much larger market cap to reach new highs.

While Davis acknowledged that XRP's utility has been eroded by other blockchain innovations such as Solana and the USDC stablecoin, he highlighted Ripple's strategic partnerships with major banks and governments as a key factor.

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Floki Price Prediction 2024, 2025 : Will FLOKI Price Reach $0.0005 This Year?

- The Floki price could reach a maximum of $0.000500 in 2024.
- FLOKI coin price with a potential surge, may reach a high of $0.00350 by 2030

With a 585.97% YTD growth, Floki, originally inspired by Elon Musk’s dog and dubbed the “people’s currency,” has grown beyond its meme roots. As one of the top-performing dog-themed meme coins in the web3 space, FLOKI price predictions take strong bullish stands in the crypto market.

FLOKI Price Prediction November 2024
The Floki price has dropped ~4% in the past 24 hours with a trading volume of $671.47 million. However, it has added 21.01% over the past week and 61.34% during the past 30 days. With a market cap of $2.414 billion, it has secured 49th position.

If the market breaks out of its resistance level of $0.000155, the bulls will prepare to test its upper resistance level of $0.000214 in the coming time. On the flip side, a bearish reversal could pull the price toward its low of $0.000101.

Now trading at a stark 26.82% dip from its record peak of $0.0003437, FLOKI hints at a prospective price reversal. Further, Floki has planned for multiple updates this year, including both minor and major upgrades and collaborations.

Hence, by the end of 2024, the meme coin could hit a possible high of $0.000500. That said, a possible crisis in the business could dump the price to $0.0000999. Successively, the average price of FLOKI could settle at $0.000250.

FLOKI Price Targets 2025
Floki coin price could land at a maximum of $0.000820 by the end of the year. That said, if the community drives the price with usual buying and selling pressures, this meme-coin could trade at an average price of $0.000485.
On the downside, if the investors fail to keep up with the liquidity of the digital asset on exchanges. Then, FUD and negative sentiments might lower the price to $0.000150.

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ADA Targets $0.85 After Symmetrical Triangle Breakout, Eyes 15% Rally

- Cardano aims for $0.85 after breaking key resistance, fueled by strong bullish momentum and high trading volume.

- A symmetrical triangle breakout signals a potential 15.26% rally, with ADA holding above $0.72, showing positive market sentiment.

- If ADA sustains above $0.77, it could target $1.20 to $1.40 in the coming weeks, with historical price behavior backing future gains.

Cardano showed strong upward momentum as it broke through critical resistance levels, aiming for $0.85. The recent price action displayed a symmetrical triangle breakout, signaling a potential 15.26% rally. Current trading activity suggests bullish sentiment as ADA trades at $0.7341 with a robust volume of 736,000 units. A notable green candle on November 15 marked the start of this upward push.

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#AltSeaason

Solana To Hit $300 Fueled By 2025 ETF Launch Speculation and Market Optimism

As the crypto market continues in its bullish run pulled by Bitcoin (BTC) hitting the $93000 mark last week, analysts are questioning whether Solana (SOL) will sustain its historic rally, which made it gain more than 50% in the last 30 days. Many are speculating that this could happen due to a potential Solana ETF launch next year.

The altcoin seems to be next in line after the success of Bitcoin and Ethereum ETFs which were launched this year. Since the SEC could potentially approve a Solana ETF in 2025, retail and institutional investors are flocking to buy the token. This has sparked the sharp rise in SOL price while the crypto market continues in its bullish drive.

Earlier today, SOL was seen trading at $240, a 10% weekly gain and a 300% yearly spike which shows that the altcoin is likely to grow further in the coming days.

The increase in trading activity and on-chain activity on the Solana blockchain has triggered a price rally making SOL trade at $242. The ongoing bullish run has caused a surge in market sentiments and seen SOL reach third place in social media mentions. This has made it the primary choice of altcoin investors as we head to an altcoin session. The token has also emerged as the most popular digital asset due to this surge.

So, the question of Solana hitting the $300 target this week largely relies on how it maintains the bullish trend. Most traders are considering this a possibility as the SOL has gained 10% and 50% in the last 7 days and 30 days respectively. The altcoin is likely to surge as it is buoyed by the Bitcoin price movement.

However, SOL has to overcome the $250 and $260 resistance level for that. This indicates a more than 56% spike in its price. In case the token fails to do that then it might find support at $220 and $230 level. This range will act as a safety net for Solana, protecting it from market volatility.

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3 Best Altcoin Recommendations for the Third Week of November 2024

1. Zcash (ZEC)
Zcash (ZEC) has risen by 25.5% in the last four days. Its price is currently perched at US$46.16. This crypto asset is seen trying to penetrate and "magically" the US$46.24 level into a support floor. The realization of this scenario will open a wide path for a rally to US$50.00. ZEC's success in maintaining this momentum is very important for the continuation of its upward action.

The 6th Network Upgrade (NU6) which is scheduled to take place around November 23 is predicted to bring significant updates to the Zcash network.

2. Aptos (APT)
Aptos is currently trading above the critical level of US$10.92, in line with the 61.8% Fibonacci Retracement line, which is often referred to as the support floor of the bull market. This level plays an important role in maintaining positive sentiment for this crypto asset.

This week marks a milestone for Aptos, as Bitwise prepares to launch the world's first Aptos Staking ETP. This investment product aims to stake Aptos owned by the mutual fund. This maneuver has the potential to generate interest and demand, which in turn has the potential to trigger a price spike.

3. Floki (FLOKI)
FLOKI has flown 128% over the past two weeks. Its current price is at US$0.0002670. The meme coin's uptrend could continue if it manages to break through the resistance at US$0.0002776. This will immediately open up opportunities for further profit.

Moreover, the long-awaited collaboration between Floki and Forj from Animoca Brands, which is scheduled to launch the $MONKY meme coin on November 21, 2024, is adding to the bullish sentiment. The initiative, supported by a partnership with ApeCoin and Bored Ape Yacht Club, has unsurprisingly created enthusiasm among investors and could spark an additional price rally.

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Altcoins Set to Outperform Ethereum and Solana in the Next Bull Run

Sui stands out with its object-centric data model and use of the secure Move programming language. This innovative design improves transaction efficiency by enabling parallel execution, reducing latency, and maintaining stable fees. Sui also focuses on accessibility through zkLogin and sponsored transactions, simplifying user onboarding and eliminating barriers like high fees.However, developers benefit from tools tailored to streamline application creation, fostering secure and composable blockchain experiences.
Current price is around $3.776

Dogecoin’s integration of Scrypt technology and a fast block time of one minute enhances its appeal among miners and users. Its uncapped supply ensures accessibility, while its light-hearted origins continue to attract a diverse audience. However, mining remains versatile, supporting Windows, Mac, Linux, and GPUs. The coin’s community-driven ethos and efficiency keep it relevant in the crypto landscape.
Current price is around $0.3869

TRON enables creators to connect directly with their audiences, eliminating intermediaries like YouTube or Apple. This model offers better rewards for creators while reducing costs for consumers. TRON support for smart contracts and dApps strengthens its position as a competitor to Ethereum. Moreover, its transparent roadmap and experienced development team enhance confidence in its long-term vision.
Current price is around $0.1986

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Could BONK Flip SHIB By Bitcoin’s Final ATH This Meta Cycle?

Volume Rush a New Price Discovery Window
Like many crypto assets, BONK entered a price discovery mode in November. Along with its base layer chain, Solana’s SOL tokens, daily trading volumes are surging.

So many new entries in markets for Bonk, along with the exuberant rise in prices, may signal a strong uptrend for SHIB’s furry friend.

“BONK is entering price discovery mode, uncharted territory,” Cool Dog posted on X Saturday, “Anything could happen from here.”

Trading volume for the #37 coin by market cap surpassed that for market leader Bitcoin (BTC) on Coinbase briefly. That is very bullish for Bonk going forward.

Demand for Bonk tokens is surging. The meme currency’s price rose 16% in a 24-hour surge on Nov. 17, capping off a run-up from Nov. 3 that pushed the coin’s value into entirely new territory. It’s now up by 70% weekly.

Expert BONK Price Predictions 15x, 20x
The new record Bonk price of $0.000055 is vastly overpowered compared to the previous ATH in May at the 0.000041 handle.
“$BONK will be one of the main memes of this cycle,” wrote DreamCryptoX, a cryptocurrency YouTuber, on Monday.
Bonk analysts on X are pumping hard for the Solana meme. After this month’s big rally, Bonk enthusiasts issued several exciting price predictions.

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Is It Too Late To Buy PONKE? Ponke Price Surges 21% And This Might Be The Next Crypto To Explode

The Ponke price surged 21% in the last 24 hours to trade at $0.8098 as of 11:33 p.m. EST on trading volume that skyrocketed 34% to $118.8 million.

Since the beginning of 2024, the Ponke price has been in a continued surge, as it registered new highs every month. PONKE down to the $0.20 level, according to data from GeckoTerminal.
The $0.020 support zone allowed the price of Ponke to surge, forming a rounding bottom pattern, which is typically a reversal pattern, as the bulls aim to sustain this momentum.

PONKE trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally. The death cross around $0.35 further cements the bullish sentiments.

The Relative Strength Index (RSI) is in the overbought zone around 82, which often indicates that the asset is experiencing strong buying pressure. While this could signal a pullback or consolidation soon, it doesn’t negate the bullish trend, especially if momentum sustains.

According to the PONKE/USD chart analysis, the Ponke price is on a sustained bullish trend reversal on the 1-day timeframe, which could see the bulls continue to push the token even further above.

In this scenario, if the bulls succeed, the Ponke price could surge to a new all-time high (ATH) as it approaches 2025, currently set at $1.2.

Conversely, if the bears take charge of the price as a result of the RSI soaring, the price of Ponke could plunge back, as the 50-day SMA acts as the next possible support level at $0.43.

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Dogwifhat, PEPE and Bonk Lost against trending Peanut the Squirrel (PNUT) lands in Top 50 in Coinmarketcap

Amid a flurry of activity in the meme coin market, Peanut the Squirrel (PNUT) has quickly risen to prominence, surpassing Dogwifhat (WIF), Pepe (PEPE), and Bonk (BONK) in recent rankings. Thanks to a successful Binance listing, PNUT has achieved a $1 billion market cap in just two weeks, outperforming its rivals. This token’s rapid growth is fueled by viral popularity and strong trading volumes, positioning it as a top contender in the meme coin space. Meanwhile, other tokens like WIF and PEPE, despite their recent gains, are now playing catch-up as PNUT solidifies its spot among the top 50 cryptocurrencies on CoinMarketCap.

Peanut the Squirrel Hits $1B Market Cap in Just Two Weeks
Peanut the Squirrel (PNUT) has crossed $1 billion in market valuation only two weeks after its introduction, owing to its recent Binance listing. The token's fame derives from a famous TikTok video about a squirrel named Peanut. With over 49,000 wallets holding PNUT, it currently trades on Binance, accounting for nearly half of its volume. Despite this, PNUT is aiming for a $1.5 billion valuation, a top contender for further growth in the meme coin market.

Peanut the Squirrel (PNUT) has shaken up the meme coin landscape, surpassing Dogwifhat (WIF), Pepe (PEPE), and Bonk (BONK) in both market cap and momentum.

With a stunning rise to $1 billion in market value following its Binance listing, PNUT continues to attract attention, aiming for a $1.5 billion target.

This rapid ascent highlights its growing influence as it secures a position in the top 50 on CoinMarketCap. Meanwhile, WIF, PEPE, and BONK struggle to keep pace, proving that in the fast-evolving meme coin arena, new challengers can quickly outshine the old favorites.

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solana atau ethereum ? tolong pendapatnya $ETH
$SOL
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Bitcoin nears $90,000, with U.S. Bitcoin ETFs seeing $1.1 billion in entries, the second-highest since January 2024

As $BTC approaches the $90,000 mark, investor sentiment is soaring, with bullish expectations significantly impacting the market.

In the United States, Bitcoin Exchange-Traded Funds (ETFs) witnessed an impressive influx of more than $1.1 billion yesterday, marking the second-highest entry since their market debut in January 2024.

Among the noteworthy developments, BlackRock’s iShares Bitcoin Trust (IBIT), the world’s largest fund, set a new record with a trading volume of $4.5 billion.

This high volume of trading reflects institutional investors’ interest in ETFs, driven by strong bullish expectations in the market following the election of Donald Trump as President of the United States.

Bitcoin is approaching key support around the $85,000 USD level. If it breaks below this level, we could see further declines as traders take profits. However, if it holds this support, the next resistance level to watch is around $90,000 USD. A breakout above this could pave the way toward the psychological milestone of $100,000 USD.

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Sell BTC

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SUI's New ATH

SUI skyrocketed 58% this week and managed to reach a new ATH price record of US$3.01. This achievement was driven by bullish sentiment from the broader market and also Bitcoin's rally. This impressive growth highlights SUI's current momentum and investor interest as the altcoin capitalizes on favorable market conditions.

While SUI $SUI price may continue its upward trend, a potential market cooling could also cause a drop to US$2.36. This downside scenario will provide an opportunity for stabilization but may also create caution among investors aiming for consistent returns.

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