Coin name- #XrpđĽđĽ Signal type- Long We can see that XRP is bullish . It has created a accending triangle pattern. So that means XRP will pump hard. It is also holding EMA Ribbon support line very strongly. From all of these analysis that are indicating XRP bullish, so I can go foir long on XRP.
We can see that XRP is performing better on ETH pair. So that means XRP will pump.
We can see that BTC is bullish. There is bull flag pattern created. So we can assume that BTC will pump. RSI & MACD has also crossed over, indicating bullish. From all of these analysis I can go for long on BTC.
We can see that Btc dominance is bearish on daily time frame. So that Btc has the possibility to go upward direction. We can also see a bearish flag pattern.
On liquidation heatmap we can see that XRP has liquidated all it's shorts. On volume profile we can see that XRP has a huge buying pressure.
Entry price- 2.4077 T/P- 2.6444 JOIN MY LIVE FOR PREMIUM SIGNALS $XRP
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$BTC just hit $100K and the dominance reversed after reaching a cycle high. I noticed the same pattern in 2020 and turned $700 into $160,000 by picking the right lowcaps. The current market cycle has been largely dominated by #Bitcoin, causing many to overlook promising altcoins. However, today marks a significant shift as we observe a major decline in the Bitcoin Dominance - a trend that historically precedes a massive altseason.
Highly recommend HOLD $SOL $BNB $ADA $LINK $XRP $ETH at Binance
đ⨠$TAO is ready to take off! â¨đ The countdown has begun! đ With a strong community and massive potential, $TAO is gearing up for an epic journey straight to the moon. đ đ HODL the line and watch history unfold. đĽ Donât miss this rocket! #TAO
Is TAO poised for a massive price surge? đ¤ Let's take a closer look at the daily chart of TAO/USDT. A Bullish Outlook đ * Cup and Handle Pattern: TAO has formed a classic cup and handle pattern, indicating a bullish reversal. * Neckline Breakout: The recent breakout of the neckline confirms the strength of the bullish trend. * Strong Momentum: The price is gaining momentum, suggesting potential for a significant price increase. What to Expect đ¤ * Upward Momentum: A successful breakout from the cup and handle pattern could lead to a massive price surge. * Potential Targets: Based on the technical analysis, the price could potentially reach the $900, $1,200, $1,600, and even the $2,000 levels. What Should You Do? đ¤ If you're bullish on TAO and believe in the potential of the Lamina1 blockchain, consider gradually accumulating more coins at these levels. Remember, the best time to buy is often when the market is fearful and prices are low. But always remember, do your own research (DYOR) and invest wisely. Stay tuned for more updates on TAO and other exciting crypto projects! Do you have any questions about TAO or other cryptocurrencies?
Ethereum Name Service (ENS) Price Prediction 2024-2030: Will ENS Price Hit $50 Soon?
You may have heard about the Internetâs Domain Name Service (DNS). DNS mainly translates human readable domain names (like Google.com) into machine readable IP addresses (like 192.0.2.1) which then are used to communicate with each other on the internet. Ethereum Names Service (ENS) is not much different from a DNS. The goal of the Ethereum Name Service is to convert Ethereum based web addresses like Andrew.eth to alphanumeric codes like your wallet address. $ENS
The $TAO /USDT pair is currently showing a bullish trend, with the price trading above key moving averages and having gained 7.28% in the last 24 hours. Watch for a potential breakout above 623.9 USDT, which could confirm the continuation of the uptrend. Conversely, if the price tests lower levels like 551.0 USDT, it might present a buying opportunity if the support holds. #BULLishWithBULL $TAO
the 24-hour technical analysis for TAO coin (Bittensor):
Current Price & Movement
⢠Price: $594.23 to $604.35, with a 6.3% increase in the last 24 hours ￟ ￟. ⢠Trading Volume: Approximately $321 million, reflecting strong market interest ￟. ⢠Market Cap: $4.4 billion, ranking TAO at #38 in the cryptocurrency market ￟.
Technical Indicators
1. Relative Strength Index (RSI): ⢠RSI remains neutral at 50.3, indicating no overbought or oversold conditions. 2. Moving Averages (MAs): ⢠Short-Term (MA10): A bullish crossover indicates strong upward momentum. ⢠Medium-Term (MA50): Price remains below the 50-day MA, suggesting caution in mid-term trends. 3. Support & Resistance Levels: ⢠Support: $580 ⢠Resistance: $610 4. MACD (Moving Average Convergence Divergence): ⢠Indicates a bullish crossover, with buying pressure increasing. 5. Volume Trends: ⢠Higher-than-average trading volume supports a positive breakout potential ￟.
Market Sentiment
⢠Sentiment is neutral to bullish, with traders optimistic due to TAOâs recent performance and growth in the AI-crypto niche ďżź ďżź.
Short-Term Outlook
TAO shows potential for continued upward momentum if it can break the $610 resistance. However, failure to maintain support at $580 could lead to short-term corrections.$TAO
Bitcoin (BTC) has recently crossed the $97,000 mark, maintaining bullish momentum amid strong market sentiment. The following key points summarize the current analysis:
Current Market Trends
1. Price Movement: Bitcoin is trading around $97,000 with a target to surpass $100,000 by the end of the year. Analysts project further gains if resistance levels at $97,500 and $100,000 are breached ďżź ďżź. 2. Support Levels: The primary support lies at $94,830. A drop below this could trigger a correction to $92,500 ďżź.
Key Drivers
⢠Institutional Demand: Bitcoin ETFs are driving significant capital inflows, increasing liquidity and investor confidence ￟ ￟. ⢠Macro Environment: Favorable economic conditions, such as interest rate cuts, are pushing investors towards Bitcoin as a hedge against inflation ￟. ⢠Halving Event Impact: The upcoming Bitcoin halving in 2025 is expected to sustain long-term price growth.
Future Predictions
⢠End of 2024: Bitcoin could test highs of $110,000, depending on market momentum and ETF activity ￟. ⢠2025 Outlook: With continued institutional adoption and halving effects, prices are forecasted between $95,000 and $160,000 ￟.
Investment Insights
While Bitcoin shows promise for strong gains, its inherent volatility requires a balanced portfolio and strategic risk management.
$BTC BTC Price Data (November 27 - December 6, 2024):
Date Price (USD) Nov 27 $92,246 Nov 28 $97,252 Nov 29 $99,916 Nov 30 $100,970 Dec 1 $101,022 Dec 2 $100,558 Dec 3 $100,407 Dec 4 $100,717 Dec 5 $101,015 Dec 6 $101,202