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Crypto De Nostradame
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🧙♂️ SEC filed Franklin Templeton's Bitcoin and Ethereum Crypto Index ETF application.
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Solana (SOL) falls below $200: Investors are stressed! #Solana ($SOL ) has fallen 8 percent in the last 24 hours, falling below $200 for the first time since early November. This decline has been parallel to the pullbacks and liquidations in the market. However, Solana traders seem hopeful that this decline will result in a rapid recovery. With #Solana falling below $200, it would have been expected that traders would be cautious about expecting a price increase. However, the data shows the opposite. According to crypto data platform Coinglass, the Solana Long/Short ratio is on the rise. The Long/Short ratio indicates whether traders expect a price increase or a price decrease. When the ratio falls, the expectation is bearish. However, the ratio is increasing and is about to pass the 1 level. The development in question reflects traders' confidence that the SOL decline will be short-lived. Solana had previously formed a bull flag formation indicating that the price could rise to $300. However, this formation was invalidated when the price fell below $209.58. In addition, the popular altcoin’s trading volume continues to decrease, with sellers making up the majority of it. If this trend continues, the SOL price could fall to $153.97. If the bulls prevent the price from falling below $170.75, an uptrend could begin again. In such a scenario, the $264 level could be targeted as resistance. The restart of the memecoin craze is another factor that could positively affect the #Solana price. If the money inflow to memecoins increases, the Solana ecosystem could see more demand.
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Ripple (XRP) investors on alert: $220 million exit! While the cryptocurrency market is experiencing an earthquake, the large exits from #Ripple ($XRP ) have caused concern. Despite the decline in the cryptocurrency market, Ripple Labs' native token XRP has managed to maintain its critical support level. The $2.20 band plays an important role for XRP. In addition, the $220 million Ripple exit from crypto exchanges confused investors. According to Coinglass data, traders and long-term investors bought millions of dollars worth of XRP during the price drop. XRP spot entry/exit data reveals that 220 million worth of tokens exited the exchanges. This exit offers a positive outlook for Ripple despite the price drop. Long-term investors continue to increase their savings by maintaining their faith in the popular altcoin. In the cryptocurrency world, the term "exit" refers to the transfer of assets from exchanges to the wallets of long-term investors. Breakouts usually indicate a bullish rally and an ideal buying opportunity. Ripple, which managed to maintain $2.20 despite the sharp decline in $BTC and $ETH , is giving positive signals. Based on the recent price action, it seems that the major coin is currently in an upward trend. Especially with the recovery of ETH, Ripple can see serious increases. If #XRP manages to maintain the $2.20 level, the price could increase by 13 percent and reach $2.50 in the short/medium term. On the other hand, if it falls below this support level and closes below $2.20, a pullback to $2 could occur.
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Movement (MOVE) defies the fall: Bullish messenger! Recently listed on popular crypto exchanges, Movement (MOVE) gained upward momentum while $ETH fell. Movement ($MOVE ) gained 10 percent in the last 24 hours, bringing its market value to $ 1.6 billion. Technical indicators such as RSI and ADX confirm the strength of the uptrend. In fact, the fact that the RSI reached the level of 62 indicates that the popular altcoin can rise further before entering the overbought zone. MOVE is preparing to test critical resistance levels. If it reaches the level of $ 1.10 and the trend continues, new peaks may come. However, if the uptrend cannot be sustained, the price is likely to test the level of $ 0.59. MOVE's RSI value is currently 62, indicating an upward trend, showing a significant increase from the level of 46.6 the day before. This increase indicates that the buying pressure is intensifying. However, the parity has not entered the overbought zone, as the RSI value has not yet exceeded the level of 70. The RSI (Relative Strength Index) measures the speed and magnitude of price changes to assess whether an asset is overbought or oversold. Levels above 70 are generally overbought, while levels below 30 are oversold. MOVE’s RSI level of 62 indicates that the market is moving from neutral to bullish, suggesting that the uptrend may continue in the short term. However, when the RSI approaches 70, it may indicate that momentum is slowing and a period of consolidation or a minor correction may begin. #BinanceAlphaAlert #MarketPullback
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CZ's tweet from 2020 became a trending topic: "Waiting for the headlines: Bitcoin fell from $101,000 to $85,000. Save my tweet."
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The devastating effect on crypto: These 5 altcoins fell very hard! With Bitcoin dropping to $96,000, there were frightening declines in the altcoin market. $BTC , which recently reached $108,000 and renewed its ATH, made crypto investors happy. However, the heavy sales that followed later dropped the price to $96,000. However, $ETH , which dropped to $3,300, destroyed altcoins. 1- Ethena (ENA) $ENA , one of the stars of the Ethereum ecosystem, lost 16 percent in value in the last 24 hours. The recent purchase of ENA by World Liberty, supported by the Trump family, had given hope. However, this decline began to worry investors. 2- Virtual Protocol (VIRTUAL) #VIRTUAL , the architect of the AI Agents trend, fell 15 percent in the last 24 hours. The fall from grace of the AI Agents craze and the unexpected pullback in BTC dealt a blow to the popular altcoin. 3- Beam (BEAM) #BEAM , which is seen as one of the potential projects of the upcoming bull season, lost 14 percent in value in the last 24 hours. The popular altcoin, which has retreated to the $ 0.025 band, may experience a further decline if it cannot maintain this level. 4- Lido DAO (LDO) #LDO , the token of the Ethereum staking platform Lido DAO, fell 13 percent in the last 24 hours. LDO, which is under selling pressure due to the weak outlook in ETH, may continue to decline for a while. 5- Fantom (FTM) #FTM , which was rebranded a few days ago, fell 12 percent in the last 24 hours. Although Fantom attracted attention with the transition to the Sonic network, the poor performance of the network and the sharp decline in the market brought selling pressure.
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