DECEMBER is almost over and , on the coming new year i am sure there will be massive movement on crypto world .$BTC $XRP $SOL any one who has better prediction ability can help me here on deciding which coin i should used .
#BTCNextMove As of December 20, 2024, Bitcoin (BTC) is trading at approximately $96,417, reflecting a 4.81% decrease from the previous close.
This decline follows a recent peak above $107,000 on December 15, 2024, driven by optimism surrounding President-elect Donald Trump's proposal for a U.S. bitcoin strategic reserve.
Market sentiment appears divided regarding Bitcoin's next move. A recent poll indicates that over 60% of participants anticipate a further decline to $85,000, while others expect a rebound to $105,000.
Analysts suggest that Bitcoin's price could reach around $110,000 by the end of 2024 and potentially touch $200,000 in 2025.
However, it's important to note that the cryptocurrency market is highly volatile, and predictions should be approached with caution.
In the options market, there's increased demand for protective puts, indicating that some investors are hedging against potential declines.
Given the rapidly changing dynamics of the cryptocurrency market, it's advisable to stay informed through reliable financial news sources and consider consulting financial advisors before making investment decisions.
$VANA this is what happens to the project when they scam their users airdrop allocations. It all pumped because they removed the checker so suddenly claiming “high volume” nonsense, just so the rest couldn’t claim their portion. Then says will manually do it, like as if they would lol what a joke! Also puts up an appeal form for an hour and removes it without any explanation again 😂
i should have thatvman who told me to not trade on DECEMBER it is the holyday trap and now here i am lossing my wholle assets for this stupid coins $VELODROME $RSR $PNUT take a lesson never trade with out DUOR
As i noticed from my trades . most of the trades bull run started on weekdays from Tuesday to Thursday . mark my word $VELODROME will pump and 🚀🚀🚀🚀 on the coming week days #BTC #velodrom
📊 RSR/USDT Technical Analysis: Preparing for Potential Breakout 📊
RSR is currently trading at 0.014848 USDT, showing signs of consolidation as it hovers near key support and resistance levels. Let’s break down the technical setup:
📈 Key Levels to Watch:
Resistance: 0.015500 USDT – A break above this level could signal a bullish rally, with targets reaching 0.016000 USDT.
Support: 0.014500 USDT – This level has proven to be a solid base for buyers, providing support in recent price action.
📉 Trend Overview: RSR is currently consolidating, trading between well-defined support and resistance zones. This range-bound behavior often precedes a breakout, either upward or downward.
🎯 Trading Strategy:
Bullish Entry: Enter long positions on a confirmed breakout above 0.015500 USDT, with volume supporting the move. Target 0.016000 USDT for the next potential resistance.
Bearish Entry: Consider shorting if the price breaks below 0.014500 USDT, with a target toward the next support level around 0.014000 USDT.
⚡ Momentum Insight: The consolidation phase could be a sign of accumulation, setting the stage for a significant move. Watch for volume increases and candlestick patterns near key levels to confirm your entry.
💬 What’s your strategy on RSR? Share your thoughts below! 🚀
Reserve Rights (RSR) is currently projected to have a relatively stable but gradual price growth over the next few years, influenced by its role in decentralized finance (DeFi) and stablecoin infrastructure. Here's an overview based on various sources:
1. Short-Term Predictions (2024-2025):
By the end of 2024, RSR is expected to hover around $0.027, depending on market conditions.
In 2025, it could see slight increases with prices ranging from $0.010 to $0.015, driven by adoption in DeFi ecosystems and improvements in market sentiment.
2. Mid-Term Predictions (2026-2028):
In 2026, RSR's price might average between $0.012 and $0.015, with potential highs reaching around $0.016 by the end of the year.
By 2028, predictions suggest the price could rise to approximately $0.03, fueled by increasing usage of its protocol and broader crypto adoption.
3. Long-Term Outlook (2030 and Beyond):
Analysts anticipate that RSR could achieve $0.05 to $0.09 by 2030 if the project continues to evolve and successfully captures more of the DeFi market.
Utility and Adoption: Its success in integrating with DeFi applications and stablecoins will determine its value.
Regulation: The evolving regulatory landscape for cryptocurrencies could play a crucial role.
RSR remains a speculative investment, and while it shows potential for long-term growth, its volatility and dependence on market dynamics mean that investors should approach cautiously and diversify portfolios.
As of early December 2024, Bitcoin (BTC) is trading near $96,900 after a strong November rally, with analysts predicting further growth. Historical trends suggest that December could see gains of 30-46%, potentially pushing BTC to $115,000-$141,000 by the end of the month. This bullish outlook is supported by decreasing exchange reserves and significant institutional inflows via Bitcoin ETFs, which have removed large amounts of BTC from circulation.
However, some analysts remain cautious due to broader economic uncertainties, regulatory challenges, and the possibility of short-term volatility. The current price range is between $90,900 and $99,400, with $99,449 as a key resistance level. A break above this could signal continued upward momentum.
If you're trading BTC on Binance, keeping an eye on market trends, resistance levels, and institutional activity will be crucial for making informed decisions.
This article provides a detailed look at how P2P users in Pakistan become victims of scams, along with practical security measures and a unique method to safeguard their funds. Here’s a summary and some insights based on the topics discussed:
1. How P2P Users Become Victims of Scammers:
Fake SMS Scams: Some scammers send fake payment confirmations via SMS or screenshots, tricking sellers into releasing their crypto. To avoid this, it's crucial to double-check that the payment has arrived in your bank account before marking the order as complete. Also, ensure that the payment is from the same name as on the P2P platform.
Chargeback Scams: Scammers can reverse payments made through services like JazzCash or EasyPaisa using certain codes. They might also claim to their bank that the payment was a mistake, leading to an account freeze. Sellers should wait for payments to settle in their accounts before releasing any crypto and avoid accepting payments from these platforms for larger transactions.
2. Security Measures to Avoid Scams:
Trade with Verified Merchants: Engage only with merchants who have a verified status, a high completion rate (above 98.2%), positive feedback (above 92%), and a significant number of trades (over 1,000 completed, including 100+ in the last 30 days).
Building Trust: If a merchant has proven to be trustworthy in previous trades, consider sticking with them for future transactions. This reduces the likelihood of encountering scams.
These practices help minimize the risk of falling victim to scams, but they do not fully protect against the freezing of accounts.
3. Best Method to Avoid Freezing of Funds:
A novel approach to safeguard against account freezes is using two separate bank accounts:
Two-Bank Strategy: Have one bank account (e.g., MCB) dedicated solely for receiving payments from crypto transactions, and a separate account (e.g., UBL) for personal use.
Immediate Withdrawals: When you receive payment in the MCB account, withdraw the funds from an ATM immediately before confirming the order on the P2P platform. This ensures that the amount is physically in your hands before releasing the crypto.
No Interbank Transfers: Avoid transferring funds between the two accounts (MCB and UBL). If the MCB account gets frozen due to suspicious activity, the funds in your UBL account remain untouched.
Why This Approach Works:
Isolation of Funds: Keeping funds separate ensures that if one account gets flagged or frozen, your primary savings remain unaffected.
Quick Access: Withdrawing the funds quickly reduces the risk of chargebacks or disputes affecting your bank balance.
Compliance Awareness: It’s a good idea to always be aware of the source of the funds and maintain a record of transactions to explain the nature of each transfer to your bank if needed.
This strategy is particularly beneficial in environments where bank account freezes due to money laundering concerns are a common risk. It is an extra layer of protection that goes beyond the usual advice seen in many articles.
Encouraging P2P traders to follow this method can help them protect their money and reduce the risk of encountering fraudulent transactions. Sharing this advice can raise awareness and help others in the community protect themselves from scams.