Forecasting short-term movements in cryptocurrency markets is always associated with a high degree of uncertainty. However, based on current analytical data, several key points and recommendations for investors can be identified for the upcoming week.
Weekly forecasts (December 16-22, 2024):
Bitcoin ( $BTC ) Analysts expect Bitcoin to continue rising, with a possible increase of 10-12% over the week. The key resistance level is considered to be the mark of $112,000.
Ethereum ($ETH ): Ethereum is expected to follow Bitcoin's dynamics, with possible movement in the range of $3,600–4,200.
Buying and selling recommendations:
Purchase: According to forecasts, Bitcoin and Ethereum may continue to rise in the coming days. If you are considering purchasing, pay attention to current support and resistance levels to determine optimal entry points.
Sale: If you already own these assets, it is worth monitoring the achievement of key resistance levels. If they break upward, you might consider holding your positions, while a pullback to support levels may warrant taking profits.
Promising cryptocurrencies for investment:
In addition to Bitcoin and Ethereum, analysts highlight several other cryptocurrencies with high potential:
#Solana (SOL): After recovering from the decline associated with the FTX collapse, Solana is showing steady growth and attracting investor attention.
#Xpr : Given the possible resolution of legal issues with the SEC, XRP may show significant growth.
#Dogecoin ( #DOGE ) The popularity of this meme coin is supported by interest from celebrities, which could contribute to its growth.
It is important to remember:
The cryptocurrency market is characterized by high volatility. Before making investment decisions, it is advisable to conduct your own analysis and consider the risks.✨
