Hedera (HBAR) Price Eyes At a New ATH at $1
Hedera price triggered a massive upswing after rebounding from the November lows; HBAR price surged and achieved levels not seen since December 2021. With this recovery, the market participants became confident of the upcoming price action as the platform witnessed a huge influx of buying volume that it had never witnessed ever in history. This seems to have triggered a strong bullish case for the HBAR price, which is believed to mark new highs before the end of the year and eventually reach $1 or levels just above, marking the peak for the ongoing bull run.

$HBAR
#BinanceAlphaTop5

Here's the latest analysis update for LINKUSDT:

Current Trend and Price
LINKUSDT is currently trading at approximately $28.96, with a bullish trend in the 4-hour time frame. The Relative Strength Index (RSI) is at a healthy 55.57, signaling no overbought condition yet, and leaving room for further upward movement.

Key Levels to Watch
- Support Zones: $22.50, $21.00
- Resistance Zone: $27.00, $30.90, $37.06

Bullish Setup
A Bullish Butterfly pattern is forming on the 15-min timeframe, providing strong support. Additionally, a Bullish Ascending Triangle pattern is visible on the 4-hour timeframe, reinforcing the bullish sentiment.

Trade Setup
- Entry: At current market price ($28.96)
- Stop Loss (SL): $25.46 (-11.99%)
- Target: $37.06 (28.1%) and $30.9 (6.81%)

Market Sentiment
The overall market sentiment for LINKUSDT is bullish, with some analysts predicting a potential breakout above the resistance level. Chainlink's on-chain momentum and fundamentals are bullish as well, growing active addresses and an all-time high futures open interest of $770.27M.

$LINK
#MarketNewHype

Here's the latest analysis update for BTCDOMUSDT:

Current Trend and Price
BTCDOMUSDT is currently trading at approximately 2936.8 points on Binance, testing key resistance levels near 2940 points after recovering from support levels around 2910.

Key Technical Highlights
- Support and Resistance Levels: Primary support is located at 2910 points, while nearby resistance stands at 2940 points.
- Trend Indicators: Some technical indicators suggest a convergence in momentum, signaling potential sharp price movements in the coming hours.

Outlook
If the price successfully breaks above the resistance, the next target could be 2960 points. On the downside, a reversal may lead to retesting lower support levels.

Altcoin Season Ahead?
Bitcoin Dominance (BTCD) tested the 50% Fibonacci resistance level at 2,848, resulting in a significant daily bounce off this key level. If the daily close remains below this resistance, we anticipate a sharp decline, potentially targeting the 50% Fibonacci support area near 2,600.

#MarketNewHype

*ONDO* , a Real World Asset (RWA) token, has hit a new all-time high of $2.14, following a major purchase by World Liberty Financial, a crypto project backed by former President Donald Trump. According to Arkham Intelligence, the company acquired 134,216 ONDO tokens worth $250,000, triggering a sharp rise in ONDO’s price.

This surge represents a strong market reaction to the purchase, with ONDO seeing an impressive 17% increase in the past 24 hours. Interestingly, Real World Assets (RWA) market capitalization has also touched $21.8 billion, up 2.0% over the previous day. Showing that the sector is booming and will be a best buy in the coming months. Let’s see how ONDO is moving the clock for investors.

*Strong Demand Drives the Rally*
The price surge is not just a result of speculation; it’s supported by real demand. ONDO’s price has increased by 17% in the past 24 hours, making it the top gainer in the market. Along with the price rise, trading volume has jumped by over 120%. This suggests that the rally is driven by real demand from investors, not just speculation. The surge in trading shows that more people are buying ONDO, indicating strong interest in the token.

*Good Time to Buy?*
The On-Balance Volume (OBV) indicator, which tracks buying and selling pressure, has reached its highest level in seven months. This is a positive sign, as it shows that the price increase is supported by strong buying interest. When OBV rises with the price, it suggests that the rally has a solid foundation and may continue shortly.

*Looking Ahead: Can ONDO Keep Growing?*
ONDO’s price is currently at $2.05, just below its all-time high of $2.14. If the price breaks above this level, it could reach even higher prices. However, if investors decide to take profits, ONDO might see a pullback to around $1.79, its next major support level.

#MarketNewHype

Crypto Prices (Dec 13, 2024): This is What Is Happening in the Crypto Market Today!

Fear & Greed Index falls from “Extreme Greed” to a “Greed” score of 78.

Bitcoin ETFs maintain an 11-day positive inflow streak, with a record inflow of $597.5 million in 24 hours.

VIRTUAL spearheads the top 100 cryptos with a 12.88% price pump.

The cryptocurrency market has incurred a minor pullback, after a healthy sprint the previous day. As a result, the total market cap of the business is hovering around $3.6 trillion, at the time of publication. Amidst the setback, the trade volumes too have shot down by 5.86%, settling at $203.43 billion. The falling numbers have hammered investor sentiment, which is clearly evident with the Fear & Greed Index now highlighting a “Greed” score of 78, from the previous day’s score of 81.

*Bitcoin Price Now Backed by ETF Inflows?*
After a steamy run to its 24-hour peak of $102,524.91, Bitcoin price has dropped to $99,972.22 during press hours. The move was also catalyzed by its trading volumes sinking by 16.04% to $68.47 billion. Contrarily, Bitcoin ETFs made it to the headlines, with notable inflows. BlackRock’s “IBIT” ruled the show, with a $431.6 million inflow, and Grayscale’s “BTC” followed next with $110.8 million. Tallying up, Bitcoin ETFs posted a net inflow of $597.5 million, maintaining a positive 11-day streak.

*Altcoins Give Mixed Signals?*
Ethereum, the largest altcoin saw a subtle dip of 0.56% in its price to $3,911.47. Solana on the other hand incurred a slip of 2.50%, while XRP saw a steeper 4.17% fall. While the blue-chip altcoins registered reddish numbers, the market did boast top performers.

$XRP
#CryptoUsersHit18M

Here's the latest SOLUSDT analysis update:

*Current Price and Trends*: The current price of SOLUSDT is $233.48, with a 24-hour trading volume of 512,459,535. The price has been experiencing a bullish trend, with some analysts predicting a potential price increase [2).

*Technical Analysis*: The technical analysis gauge displays a neutral signal for SOLUSDT, with some indicators showing a buy signal and others showing a sell signal. The Relative Strength Index (14) and Stochastic %K (14, 3, 3) indicators are neutral [2).

*Support and Resistance Levels*: The support levels for SOLUSDT are $129.25 and $141.41, while the resistance levels are $150.50 and $176.94 ¹.

*Trade Ideas*: Consider long positions on SOLUSDT for long-term, targeting $6.80 to $10. Buy opportunities near the demand zone between $173.0 and $159. Short positions with targets at $165, $155, $148, and $133

$SOL
#BitcoinKeyZone

BlackRock on Bitcoin: 2% allocation reasonable for portfolios

BlackRock has recommended a Bitcoin allocation size for the first time, likening the digital asset

According to a new BlackRock report, allocating 1-2% of a multi-asset portfolio to Bitcoin Bitcoin
btc
-0.65%
Bitcoin represents a “reasonable range,” as spot BTC exchange-traded funds have amassed $113 billion in assets under management.

The $11.5 trillion asset manager envisions an ideal portfolio split 60-40 between stocks and bonds. BlackRock suggests padding the stock segment with Alphabet (Google), Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla—referred to as the Magnificent 7—while maintaining the same risk weight as a 2% BTC allocation.

“Why not more? Going beyond that would sharply increase Bitcoin’s share of the overall portfolio risk,” per the world’s largest wealth manager and spot BTC ETF issuer.

This marks the first time BlackRock has explicitly specified how much investors should allocate to BTC. Bloomberg’s Eric Balchunas noted that the report likely addresses frequent “how much?” inquiries. As of December 12, BlackRock’s IBIT dominated the spot BTC ETF market, managing $53.8 billion in investments.

$BTC
#BitcoinKeyZone

*Here's the latest analysis update for REIUSDT:*

Current Price and Trend
The current price of REIUSDT stands at $0.04289, which is a crucial level for determining the short-term trend.¹ If the price fails to maintain this level, the next support zone to watch is at $0.0380.

Technical Indicators
The MACD is hovering near the zero line, indicating a balance between buying and selling pressures. The RSI is positioned at around 48, which is neutral, suggesting there's room for upward or downward movement.

Resistance and Support Levels
Resistance levels are identified at $0.04700 and $0.05666, while support levels are at $0.0380 and $0.04289. Monitoring these levels can help traders and investors anticipate potential price movements.

Breakout Possibilities
A breakout above the resistance level with increased volume could be a signal to consider a long position, aiming for the next resistance levels. Conversely, a breakdown below the green support line might indicate a shift to bearish sentiment.

Caution and Disclaimer
Please keep in mind that this analysis is not financial advice, and you should always do your own research before making investment decisions.

$REI
#BTCReclaims101K

Chainlink price hits 3-year high as open interest spikes to all-time high

Chainlink is among top gainers on Dec. 12 as its price breaks to its highest level in nearly three years, with this coming as futures open interest spiked to an all-time high.

Data from on-chain and financial metrics provider Glassnode revealed that Chainlink Chainlink
link
0.81%
Chainlink futures open interest reached $770.27 million as LINK hit its highest levels in almost two years. OI, a measure of market activity, provides insights into investor sentiment, which appears bullish in this case.

Glassnode’s data from December 11 highlighted that Chainlink’s OI was nearly three times that of Toncoin (TON) and twice that of TRON (TRX). Specifically, TON and TRX futures open interest stood at $259 million and $356 million, respectively.

On Dec. 12, LINK’s price soared to $29.45, continuing its upward momentum after reaching levels last seen in January 2022.

This is despite the latest profit taking in the spot market. Analysts say the selling largely came from speculative traders. As speculators pushed profit taking to its highest level since February, “long-term holders stayed mostly quiet.”

As of the time of writing, Chainlink had gained 13% on the day and was up 97% over the past week and 30 days, respectively.

$LINK
#BitcoinKeyZone

Cardano Price Successfully Retests Its Important Support Level!
The ADA price has added 7.26% to its portfolio in 24 hours with a trading volume of $2.279 billion, a change of -10.89%. Despite recording a correction of 5.61% over the last seven days, this altcoin has surged over 100% in 30 days.

The Relative Strength Index (RSI) has successfully retested its neutral point and has recorded a sharp rise toward the overbought range in the daily time frame. Furthermore, the average trendline trades around the upper limit, highlighting a strong bullish price action.

On the other hand, the Moving Average Convergence Divergence (MACD) shows a rising red histogram in the Cardano price chart. With its averages recording a significant downtrend, this altcoin hints at a mixed-price sentiment this week.

$ADA
#MarketMajorComeback

Sui price triggered a huge upswing in the past couple of days, which helped the token form a new ATH at $4.86

Besides, the platform is working to offer real-world use cases with SUI as the medium of exchange, which is expected to have a massive impact on its price.

Since the markets recovered after gaining some momentum in recent days, altcoins have gained significant traction. In the meantime, the SUI price attracted a huge buying volume as the trading volume surged by above $3.6 billion. As a result, the price led an impressive 35% rise since the last trading day and smashed a new ATH at $4.86. After achieving fresh highs, the token does not appear to halt its rising trend, as the bulls are eyeing much higher targets well above $5 or $6.

$SUI
#BTCReclaims101K

Ripple transferred billions in XRP for just $0.0013, showcasing XRPL’s cost efficiency.

Ripple reduces XRPL account creation fees by 90% to boost accessibility for new users.

XRPL average transaction cost of $0.005145 beats Bitcoin's $3.50 and Ethereum's $1.48 fees.

Ripple, a blockchain-based digital payment network has recently completed a huge transfer of XRP, worth about $915 million, with an incredibly low transaction fee of just 0.0005 XRP. This highlights one of the biggest advantages of the XRP Ledger (XRPL)—its ultra-low fees. Such cost-effective transactions are becoming a key reason why XRP is gaining more attention in the crypto world.

*XRPL’s Low Fee Impact On XRP’s Price*

The XRP Ledger’s extremely low fees could play a big role in increasing XRP’s value. As more people use XRP for quick and cheap transactions, demand for the coin could rise. This growing interest could push the price of XRP higher in the long term, especially as more businesses and users realize the benefits of using XRPL over other networks with higher costs.

With XRP’s value already up 7% in the last 24 hours, it seems like these low fees are helping drive interest and demand.

The clarity on regulatory issues has relieved XRP investors, but broader market sentiments will still influence the asset. A key moment could push XRP past $2.40, boosting its chances of reaching $3.12. However, if the price drops below $1.68, it might indicate a prolonged decline.
Recent data from Santiment highlights that XRP’s market cap surged by ~83% in the past 7 days, and social media discussions about the project are at their highest since January.

$XRP
#MarketMajorComeback

Eigen Layer (EIGEN) is quickly becoming one of the most intriguing cryptocurrencies on the market. With 99% of its investors currently in profit, it’s clear that EIGEN has captured attention for all the right reasons.

Recently, a mysterious crypto whale made headlines by purchasing $7.25 million worth of EIGEN, sparking speculation about whether this is just the beginning of a major price rally

What makes this more fascinating is that EIGEN’s price has shown noticeable volatility in recent days.

Let’s dive into the latest trends, technical patterns, and community sentiment to understand better.

EIGEN’s Recent Market Movements
EIGEN’s price has been making headlines with its recent ups and downs. The token recently peaked at its all-time high (ATH) of $5.06, just two days ago, but has since fallen 8.69% from that high.

Despite the recent decline, trading volume has surged 41.15%, reaching $290.06 million, indicating strong investor interest.

Current Investor Sentiment
99% of EIGEN holders are still in profit, while only 1% are at breakeven.
Earlier this week, EIGEN dipped 1%, hitting a low of $4.44, before recovering slightly to $4.60, up 0.71% for the day.
While these price fluctuations are common, the whale’s recent purchase suggests that long-term investor confidence remains strong. Could this purchase indicate a bullish shift for the token?

Technical Analysis: What the Charts Are Telling Us
Looking at technical indicators, things are a bit mixed for EIGEN. From a technical standpoint, EIGEN has been moving in an upward parallel channel since November 21—a pattern that typically signals bullish momentum. However, recent price action has shown some hurdles.

After reaching its ATH, EIGEN faced rejection and fell back toward the median level of the upward channel for support.

Key Technical Indicators to Watch:

The 20-day moving average (MA20) is currently above the token’s price, suggesting there is no immediate support if the price drops further.

$EIGEN

#BinanceHODLerMOVE

*Bitcoin Displaying a Bearish Divergence Is This a Matter of Concern for the BTC Price Rally?*

Ever since the Bitcoin price smashed a new ATH above $104K, the token has been failing to sustain the gains. The star token has been constantly testing the highs above $100K but is closing the day’s trade below the range.

This could have raised the uncertainty over the token and, as a result, the selling pressure has been rising since the early trading hours. A leading indicator has just turned bearish and a continuation towards the lower targets may delay the bullish continuation for a while.

The recent price action suggests a drop in the bullish strength as the buying volume also fades. Does this indicate the end of the Bitcoin bull run is close enough? Is the token in the last phase of the bullish cycle?

The BTC price has been trading sideways over the past few days and is unable to sustain the price above the pivotal range. After a breakout from the range, the price is testing the resistance-turned-support zone. While the possibility of a rebound after the ongoing retracement is pretty high, but only be if the token sustains above one of the pivotal support zones.

With a drop in the volume from the highs above $150 billion, the token’s volatility has also declined to a large extent. Besides, the bands of Bollinger are going parallel with each other, suggesting the price to maintain a sluggish behaviour for some more time as the altcoins are surging with a rise in their dominance. Secondly, the RSI has displayed a bearish divergence, which validates the bearish trajectory.

The short-term price action suggests a drop as the momentum forms lower highs while the price forms higher highs. Hence, even if the markets rally sideways for days or while being within the overbought zone, the caution of the local correction remains high. Therefore, the BTC price is feared to drop below the zone as the upward pressure escalates. Meanwhile, some on-chain readings support the bullish narrative, hinting towards a rebound shortly.

$BTC
#BinanceHODLerMOVE

Baby Doge Coin surges over 75% following Elon Musk’s cryptic tweet

Baby Doge Coin surged over 75% after Elon Musk posted a black-and-white Godfather-inspired tweet.

While Bitcoin
has shown volatility recently following its push to a new all-time high of $103,900, Baby Doge Coin (BABYDOGE) has outpaced the market conditions.

The price of BABYDOGE has pumped from a 24-hour low of $0.0000000002443 to as high as $0.0000000004448 following Musk’s tweet.

Following the tweet, the price of DOGE jumped over 4%, and BABYDOGE rose by over 75%.

BABYDOGE also recently renounced their token contract on Solana
. The meme coin, which was initially launched on the BNB Chain, has now also expanded to the Solana network. In late November, Binance had also announced a new spot listing for BABYDOGE.

The recent surge of BABYDOGE amidst the volatile market conditions could primarily be attributed to Musk’s tweet alongside the overall developments by their team.

#BURNGMT

Meme coins enjoy ‘mini breakouts,’ market cap reaches new all-time high

Meme coins are gaining traction and whales are likely to push the assets further as the market cap hits a new all-time high.

According to the market intelligence platform Santiment, leading meme coins show signs of “mini breakouts.” These assets see notable spikes in their social activity over the last eight days.

Large meme coin holders would likely push the prices to create FOMO (fear of missing out) among retail investors to take profits potentially,

Meme coin market cap at new ATH
Thanks to the recent upward momentum, the total meme coin market cap reached an ATH of $134 billion earlier today, according to data.

Dogecoin and Shiba Inu Shiba Inu
shib
2.01%
Shiba Inu are leading the pack with $67 billion and $18.6 billion market caps with mild gains over the past 24 hours.

Pepe, however, rallied to an ATH of $0.0000266 late Saturday. The meme coin is still up 12% in the past 24 hours despite a slight correction to $0.0000245.

$ETH
$DOGE
#BURNGMT

*Altcoin Season Index Skyrockets Above Trendline* !!

Analyzing the altcoin season index chart, the metric has been skyrocketing over the last two weeks. The indicator is currently at 86, signalling that the altcoin season has kicked off. A reading of 75 signals the beginning of altcoin season.

If this value approaches 100, it will further confirm that altcoins are outperforming Bitcoin, suggesting they may continue to do so.

#Memerally

Shiba Inu Price Prediction Today

Current Resistance Levels

According to analyst Austin Hilton, the altcoin needs to break through a major resistance level of 0.00004033. Right now, Shiba Inu is trading at 0.00003247 and is up by more than six percent in the last 24 hours. Once this resistance is broken, the analyst believes we’ll see a significant price increase.

The Three-Year Down Cycle

Shiba Inu has been in a downtrend for about three years, but that’s changing. The market conditions are improving, and with new leadership and pro-crypto policies in place, the crypto market is heading into a new phase starting in January. This could trigger one of the biggest bull runs for crypto, and Shiba Inu, as a top meme coin, is positioned to benefit.

Shiba Inu’s Market Position
Shiba Inu and Dogecoin are the leading meme coins, with market caps of $18 billion and $66 billion, respectively. The meme coin sector is worth over $130 billion, a significant part of the $3.67 trillion global crypto market. This shows the potential for growth in Shiba Inu’s market cap.

Breakout Pattern

Shiba Inu tends to consolidate and then break out, as seen in previous charts. After consolidation, the coin often experiences significant price movements. For example, there was a 60% gain in just eight days during one breakout. With more capital entering the crypto market, similar movements could occur.

$SHIB
#shiba⚡

JasmyCoin (JASMY) Price Analysis

Though Jasmy coin price made a bearish pressure below immediate Fib channels, it is poised to recover as buying pressure intensifies around the dip.

There is slight resistance at $0.06, but if this level is breached, the JASMY/USDT pair could climb towards the crucial resistance of $0.077, where sellers are likely to strongly contest further gains.

The first indication of a weakening trend will be if the price breaks below and closes beneath the EMA trend lines. This would imply that the bulls are losing control, potentially leading the pair to drop to $0.033.

$JASMY
#Memerally