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$BTC Today, Bitcoin price is showing positive momentum as it trades near new record highs around $90,500, after surpassing strong support levels at $88,000 and $84,000. Technical analysis suggests that the overall trend remains bullish in the short and medium term, with the $95,000 level likely to be targeted as the first target. However, the price could face new resistances around this level.
The main factors supporting this momentum include increased institutional interest following the expected approval of the first Bitcoin exchange-traded fund by the US Securities and Exchange Commission, which will facilitate the entry of traditional investors into the market. In addition, the increase in demand with the growing confidence in the market following the legal settlements of some major trading platforms, such as Binance and FTX, has boosted investor sentiment【5】【7】【9】.
However, investors are advised to be cautious of market volatility, as corrective moves may emerge targeting lower support levels such as $84,000 if the price fails to settle above current levels【5】【7】.
For the upcoming trend, it is important to follow market news and analyze key technical indicators to ensure informed investment decisions.
$HBAR If the positive momentum continues, the coin may see a breakout of the resistance levels around $0.13 to $0.18, but it may face short-term volatility due to increased speculative activity.
$JASMY JasmyCoin (JASMY) is a cryptocurrency used on the Jasmy network that aims to enhance privacy and empower individuals to control their personal data. The coin is based on ERC-20 technology within the Ethereum network, and is considered fundamental to the Jasmy ecosystem. It is used to pay for and secure personal data within Internet of Things (IoT) devices and allows users to purchase products and protect their information on the platform  .
Current price:
• JasmyCoin is priced at around $0.0233, with a total market cap of over $1.1 billion, and a daily trading volume of between $161 million and $167 million   .
Currency uses:
1. Data protection: Used to collect and store personal data securely. 2. In-system payment: Used to purchase products or services via the Jasmy network. 3. IoT Security: Gives individuals control over their information in the IoT environment.
The currency currently has a total supply of 50 billion coins, of which 49.39 billion are already in circulation  .
ACA, the token of the Acala network on Polkadot, is used in a variety of areas including decentralized network finance, governance, and transaction fees. Currently, the coin is trading at around $0.0736, up over 30% in the last few hours, with a daily trading volume of over $58 million and a market cap approaching $83 million【12】【14】.
Analysis and Forecast:
1. Short-term performance: The coin has shown positive momentum recently, rising over 25% against the US dollar over the past week. This momentum indicates growing interest in the project, but it may also be related to general market volatility【12】【14】. 2. Long-term performance: With technological developments on the Acala platform, such as the launch of Acala 2.0, and its integration with protocols like Homa Liquid Staking, these features are expected to boost demand for the coin. However, the coin is still far from its all-time high of $2.79 recorded in January 2022, leaving plenty of room for growth if more liquidity is attracted to the project【13】【14】
PNUT is a digital token of the Peanut DeFi platform, a decentralized platform focused on improving liquidity and reward distribution in decentralized finance (DeFi) projects. As for the price predictions of digital currencies such as PNUT, it depends on many factors that affect the market as a whole, including:
1. Interest in new projects in decentralized finance (DeFi): Since PNUT is part of a DeFi project, demand for it may increase if there is an increasing interest in these projects or if the platform offers unique features to attract users and investors. 2. General market movement: The prices of small currencies are usually affected by the prices of large currencies such as Bitcoin and Ethereum, so if prices rise in general, it can positively affect PNUT and vice versa. 3. Technical updates and partnerships: Any new development or partnership undertaken by the Peanut platform may affect the price of the currency; for example, if the protocol is improved or a new platform is integrated, this may lead to an increase in demand for the currency. 4. Liquidity and trading volume: Small coins like PNUT may experience significant price fluctuations due to less liquidity compared to larger coins.
Overall, it is difficult to provide accurate long-term forecasts for these coins, especially with the high volatility in the cryptocurrency market.$PNUT