$XRP
XRP Drops to Weekly Low, Likely to Rebound
Ripple’s XRP is trading at its lowest point in the past week. As of writing, the altcoin is trading at $0.53, with an additional 3% drop in the past 24 hours.

BeInCrypto’s XRP technical setup, however, suggests that this drop is only temporary, and the altcoin could see a rebound soon. Here’s why.

Ripple Selling Pressure Starts to Weaken
Despite its price decline, XRP’s CMF (Currency Money Flow) has been on an upward trend over the past few days. This indicator measures the buying and selling pressure of the asset over a given period. As of writing, it is at -0.10, attempting to break above the zero line.

As in the case of XRP, when XRP’s money flow (CMF) is negative but trending upward while the price is declining, it indicates that the asset is still under net distribution, i.e. there is general selling pressure. However, the decreasing intensity of this selling suggests that the bears are weakening, and bullish interest is starting to form.

$TON
Active Toncoin (TON) addresses drop to 6-month low
Over the past few months, Telegram airdrops have dominated the cryptocurrency market, leading to a massive surge in Toncoin (TON) network activity. However, active addresses on the TON blockchain have now dropped to their lowest levels since April.

But why did this drop so suddenly? This analysis sheds light on the reasons and the potential impact it could have on the Toncoin price

Telegram User Disappointment Casts Doubt on Toncoin’s Recovery
Between August and September, Toncoin’s active addresses reached remarkable levels. This surge can be attributed to the launch of several Telegram airdrops, which market participants believed would yield lucrative gains.

In August, Telegram’s native meme coin DOGS distributed over 40 billion tokens to eligible users of the messaging app. This was followed by the launch of the popular tap-to-earn mini-app game Hamster Kombat in September.

However, user feedback to both events revealed widespread dissatisfaction with the value of the distributed tokens. Despite the hype ahead of the Token Generation Event (TGE), many recipients expressed disappointment with the value of the distributed tokens.

$XRP
$28 Million Worth of XRP Contracts at Risk of Liquidation if Price Reaches $0.60
According to Coinglass, if the price of Ripple (XRP) reaches $0.60, it will wipe out millions of dollars of open contracts. The derivatives information portal notes that this level represents the highest liquidation price for XRP.

Currently, XRP is trading at $0.52, having dropped from $0.60 in early October. In addition to revealing potential liquidation levels, this analysis examines whether the altcoin has the potential to rebound.

Short Ripple Traders Are Exposing Millions to Liquidation
At the time of writing, the liquidation map reveals that XRP price action has prompted several traders to open short contracts worth $28.40 million. The liquidation map helps traders identify potential levels at which large positions may be forced to close due to margin calls.

To clarify, a short contract refers to a market position that expects the value of a cryptocurrency to decrease.

$SOL
Historical bullish pattern suggests Solana (SOL) has surged by 70%
The Solana (SOL) price chart shows that the altcoin could be on the verge of a 70% surge. In August, Solana’s price dropped to $130.

Today, it has surged to $168 -Solana price at 3pm Dubai time is 165.45-, suggesting that a potential breakout may have already begun. These analyses explain how SOL could rise above current levels before the end of the year.

Solana forming a bullish pattern on the weekly chart
According to the weekly chart, SOL has formed a cup and handle pattern. This pattern occurs when prices experience a U-shaped recovery, resembling a “cup,” followed by a consolidation phase that looks like a “handle.”

Since March, SOL price has been consolidating between $127 and $201, suggesting that the handle reflects indecision in choosing a specific direction. However, for the pattern to be validated, it must break through the major neckline. If such a breakout occurs, the price could rise by an amount roughly equivalent to the maximum distance between the cup bottom and the neckline. For SOL, the coin has broken through the neckline at $167. Therefore, the altcoin could surge by 70% and potentially reach $285.

$SUI
$SOL
If you want to compare sui, compare it with sol in the previous bull market and look at the market value of sol and if sui is pumped as an alternative project to sol, how much will it reach in this bull run then make your own decision because if the currency rises you are the only one who will profit and if the project collapses you are the one who will bear the loss this is the crypto market, my brothers, it is all risk

How to withdraw your profits or capital from a currency that has risen

Look, my brothers

The meaning is that you sell the value of the capital or the amount in excess of the capital of the currency

Explanatory example

You bought a currency for $1000 and the value of the currency at the time of purchase was $1

The currency rose and reached 2 $ for example

So you say you sold 500 pieces of the currency for an amount of 2$ and thus you have withdrawn your profit from the currency or withdrawn your capital

And you will find that your wallet has the same 1000 $ left that you started with

I explained it, guys

$BTC
First Quick Update

Bitcoin Support Point

From $66000 - $67000

It is important to maintain it and not break it because breaking it will lead us to $65400 - $65000

God willing we will not visit it and continue rising

Diversify your portfolio from all sectors

Do not focus on one sector and bet on its growth

Diversity gives you the opportunity that one sector in your portfolio may flourish and compensate for the failure of the rest of the sectors

For example, if your portfolio has
First layer
Second layer
Games
Artificial intelligence

And a sector in them has grown significantly and the rest of the sectors have failed to achieve growth, then this will not matter to you because you own all the sectors

But if you put all your money and bet on the success of one sector, then you have sentenced your portfolio to death

Classics of old projects are outdated and will not give you profits like new projects.

I will not deny that they are strong projects, but here I am talking about the number of exes.

For example,
Ada
Xrp
Dot
Pol

Give me one benefit when you sell at a loss during the correction

You will reply and say we will wait for a further decline and buy at lower prices

And what if a rebound occurs, you will buy from higher areas.

Then a correction occurs again, so you sell

And thus your portfolio evaporates while you move and sell at a loss

As for maintaining your position, strengthening and not panicking, this is the uniform that will bring you profit even if you are a little late

Get used to being calm and at peace during correction.

Put your nerves in the fridge.

Make this correction an opportunity for reinforcement because your reinforcement during correction means more profit.

$SUI
SUI Price Drops as Total Value Locked Stabilizes
SUI price has surged by 27.82% in the last 30 days, driven by significant changes in its Total Value Locked (TVL). After a strong rise in both TVL and price, SUI appears to be entering a consolidation phase. This stabilization signals a pause in the upward momentum, which could signal a period of market uncertainty.

Future trends may depend on whether SUI’s TVL sees renewed growth or remains stagnant, with a potential correction in the works.

SUI TVL: Consolidation After a Strong Rise
SUI’s Total Value Locked (TVL) has seen an impressive surge. It has risen from $308 million on August 4 to $1.096 billion by October 14. This remarkable 255% growth over the course of nearly two months is especially notable for a large protocol like SUI.

This growth was accompanied by a significant increase in the price of SUI itself, which rose from $0.46 to $2.36. This represents a staggering 391% growth in the same period.

$ADA
Cardano (ADA) Price Could Rise by 19%
Cardano (ADA) price is currently at a critical turning point, with mixed signals suggesting potential gains and risks. The trend appears to be gaining strength, as evidenced by the recent rise in the Common Directional Index (ADX), which measures trend momentum.

At the same time, ADA is struggling near resistance levels, while also relying on key support areas to prevent further declines. The outcome will largely depend on whether the bullish momentum can continue to build or if the price succumbs to selling pressure.

ADA Trend Strengthens
Cardano (ADA) is currently showing signs of a potential downtrend. The long-term moving average lines are positioned above the short-term line, indicating bearish sentiment.

However, this situation could soon reverse if there is an increase in buying momentum, as the short-term line moves higher. It may soon cross above the long-term line, which will be a bullish sign.

$ETH
Ethereum (ETH) Price Could Surpass $3,300 for These Reasons
For the first time since September 27, Ethereum has broken through the $2,700 mark and is showing strong signs of continuing its bullish momentum. About ten days ago, ETH dropped below $2,400, sparking speculation that the cryptocurrency might struggle to make a fresh breakout.

However, over the past seven days, ETH has been breaking through key resistance levels. In this on-chain analysis, BeInCrypto reveals how this bullish momentum could push the price even higher.

Ethereum Sees Reduced Selling Pressure
One indicator that feeds into these expectations is Ethereum’s net exchange flow, which shows the amount of tokens flowing in and out of exchanges. According to CryptoQuant, market participants have withdrawn 29,378 ETH from exchanges as of this writing.

From a spot trading perspective, high values ​​typically indicate increased selling pressure. However, with around $80 million removed, this suggests that ETH may not face significant selling pressure in the near term.

On the derivatives side, low values ​​indicate low volatility, indicating that traders with open positions are less likely to face liquidations. When combined, this current situation could be favorable for Ethereum’s price.

$TON
Toncoin (TON) Struggles to Gain Momentum, Expected 17% Drop
Telegram-linked Toncoin (TON) has seen a slight 1% price increase over the past week. However, this only reflects the overall bullish sentiment of the market, as it has yet to find significant demand from whales or retail investors.

The altcoin is at risk of a double-digit decline in the near term if demand remains low. This analysis explains why.

Toncoin Investors Are Moving Away
Toncoin’s market cap to realized value (MVRV) ratio, which measures the overall profitability of all its holders, shows that the altcoin has been undervalued in recent weeks. As of writing, the 30-day and 90-day MVRV ratios are -0.26% and -5.38%, respectively.

A negative MVRV ratio historically represents a buy signal. It indicates that the asset is trading below its historical holding cost and may be poised for a bounce. However, this has not been enough motivation for Toncoin investors to accumulate the coin.

$SOL
Solana (SOL) Eyes $200 Breakout: Key Factors to Watch
Solana (SOL) has surged, recording a 12% price increase over the past week. At the time of writing, the altcoin is trading at $170.16, just below the crucial resistance level at $171. If it continues its momentum, Solana price could break this level during the current trading session.

Also, if it succeeds in breaking this level, it would open the door for further upside, with the next major hurdle at $186.32. If SOL manages to clear this resistance, it could reach the $200 mark. But when could this happen?

Solana Sees Increased Activity
Solana’s key momentum indicators, assessed on a daily chart, confirm the recent increase in demand for the altcoin. For example, the Relative Strength Index (RSI), which tracks overbought and oversold conditions in the market, is in an upward trend at 68.50. The values ​​of this indicator range from 0 to 100, with values ​​above 70 indicating that the asset is overbought and may see a correction soon. Values ​​below 30 indicate oversold conditions and hint at a possible rebound.

$ETH
Ethereum.. Vitalik aims to conduct 100,000 transactions per second
At Blockchain Week 2024 in Shanghai, Vitalik Buterin unveiled a bold vision for the future of Ethereum. The co-founder presented an ambitious plan to address current challenges and push the network towards unprecedented scalability.

A unified Ethereum ecosystem
Ethereum currently operates on 34 different chains. This fragmentation represents a major obstacle to the network’s cohesion. Vitalik emphasizes the urgent need to create a unified ecosystem. To achieve this, he proposes several innovative solutions. Improving interoperability between Layer 2 (L2) chains is at the heart of this strategy. The goal is ambitious: to enable transfers between channels in less than two seconds.

This unification is not just about technology. It also aims to simplify the user experience. In this way, interacting with Ethereum will become as intuitive as possible, regardless of the user level.