Reaction of BTC market when Donald Trump step in the White House.
$BTC #BTC #bitcoin☀️ Hello, my own simple thoughts about near future about #BTC . I really think people waiting Trump to go in Office and this day is 20 January. Until then the $BTC will be flat with little bit turbulence. But when Donald Trump step in the White House, the market will go Up, but for how long is the question.
My advice is if you are emotional person, be very careful and don't be too greedy with holding, if you are on good profit just sell it and take the profi
Check out my prediction about#BTC$BTC https://www.binance.com/en/square/post/17602779520242
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Coinpedia
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Cardano Price Prediction Today: ADA Bears Push for $0.64 After 14% Price Drop
The post Cardano Price Prediction Today: ADA Bears Push for $0.64 After 14% Price Drop appeared first on Coinpedia Fintech News
Cardano’s ADA is currently down by more than five percent and is trading below the crucial $1 mark. Down by more than 14 percent in the last seven days, ADA chart shows a minor correction but nothing major has changed.
The main question remains whether the market is already in the fourth wave of a larger correction or if it’s still in an extended third wave. Key support levels will be critical in determining the next price movement.
Key Support Levels to Watch
The most critical level to monitor is the 64-cent mark. This is the main support level that needs to hold for a bullish scenario to remain intact. If ADA breaks and sustains below 64 cents, it would signal a more bearish outlook. However, for now, ADA remains above this level, which is positive for the bullish case.
If ADA experiences a further decline, there is additional support around 76 cents. This level corresponds with the 38.2% Fibonacci retracement, which is a typical target for a fourth wave correction. As long as ADA holds above these support levels, there is still potential for upward movement.
Smaller Time Frame Correction and Potential for Reversal
On a smaller time frame, ADA has been moving within a corrective price channel since the high formed in early December. While there have been some rebounds, these have been in a three-wave structure, which doesn’t mean a strong confirmation of a trend reversal yet. This three-wave move suggests that the current rally may not be the start of a larger upward trend, but more of a short-term correction.
The next key support levels on the smaller time frame are 93 cents and 83 cents. If ADA drops below 83 cents, it would confirm that the larger fourth wave correction is unfolding. Below that, further support can be found at 76 cents and 64 cents.
Bullish Potential and Next Targets
If the price holds above 64 cents and the corrective structure resolves, ADA could still experience an upward move. There is potential for the price to reach $1.42, $1.72, or even $2.36 in the next wave. However, this is contingent on the market holding key support levels and seeing a reversal in price action.
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BlockchainReporter
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Cardano (ADA) Price Prediction for December 19
Cardano (ADA) is a prominent blockchain platform renowned for its focus on security, scalability, and sustainability through a rigorous scientific approach. As of December 19, ADA is trading at approximately $0.9796, after a 5.45% decrease from the previous close.
Cardano has recently experienced a significant bullish breakout, decisively moving above a parabolic trendline on its daily chart. This technical indicator shows a strong upward trend, igniting bullish momentum among traders and analysts.
Technical Analysis and Key Levels
Analysts have identified key support levels for ADA at $0.266, with critical thresholds at $0.222 and $0.198. Maintaining these support levels is essential for sustaining a long-term bullish stance. Conversely, resistance levels are observed around $1.30, with potential for further gains if ADA can break through this barrier.
Market sentiment around *ADA* remains cautiously optimistic. Some forecasts suggest that ADA could reach approximately $0.8914 by December 24, indicating a potential decrease of about 8.35% from its current price. However, other analyses point to a possible rise towards $1.4 to $1.7 by the end of December 2024, contingent upon maintaining bullish trends and sustained buying pressure.
Price Prediction and Potential Scenarios
Bullish Scenario: If ADA maintains its current momentum and breaks through the $1.30 resistance level, it could aim for higher targets, potentially reaching $1.4 to $1.7 by the end of December 2024.
Bearish Scenario: Failure to hold key support levels could lead to a decline towards $0.8914 or lower, as some forecasts suggest a potential decrease in the near term.
Frequently Asked Questions
What factors are influencing Cardano’s current price movement?
Recent price movements have been influenced by technical trading patterns, such as the breakout above a parabolic trendline, and broader market trends.
What are the key support and resistance levels for ADA?
Key support levels include $0.266, with critical thresholds at $0.222 and $0.198. Resistance levels are observed around $1.30.
Is Cardano expected to rise or fall in the near future?
Predictions vary; some analysts anticipate a rise towards $1.4 to $1.7 by the end of December 2024, while others suggest a potential decrease to around $0.8914.
Investment Risk Warning
Investing in cryptocurrencies involves significant risk due to their volatility. It’s essential to conduct thorough research and consider your financial situation before making investment decisions.
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Muhammad_furqan
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Binance to Delist SUI, HMSTR, BNT, CYBER, and AEUR in 2 Days
In a surprising move, Binance has announced plans to delist several tokens from its platform’s spot trading pairs on December 20, 2024. The tokens affected include #SUI, #HMSTR, #BNT, #CYBER, and #AEUR.
While this news has already sparked price drops of nearly 10%, it’s not just about the tokens—there’s much more at play here.What does this decision mean for the future of these cryptocurrencies, and how will it impact the broader market? Let’s dive in. Why Binance Is Delisting These Tokens Binance regularly reviews the tokens listed on its platform to ensure they meet its standards for liquidity and trading volume. If a token fails to meet these standards, it may be removed from the exchange. In this case, Binance has decided to delist the following spot trading pairs: BNT/ETHCYBER/TUSDEUR/AEURHMSTR/BNBSUI/TUSD These changes will take effect on December 20, 2024, at 03:00 UTC. However, Binance assured users that these tokens will still be available for trading against other pairs on the platform. Token Prices Plunge After Binance’s announcement, the prices of the affected tokens have already taken a hit. Meanwhile, Hamster Kombat (HMSTR) saw a sharp 9% drop in just 24 hours, trading at $0.0030. Similarly, #SUI (SUI) also saw a 6% decrease, followed by the Bancor (BNT) and Cyber (CYBER) experienced 6% and 7% drops, respectively. Anchored Coins #AEUR also saw an 8% decrease in its value. These declines highlight how significant Binance’s influence is on the market What This Means for Investors Binance also announced that Spot Trading Bots for the affected tokens will be discontinued after December 20, 2024. Users are advised to update or cancel their trading bots to avoid potential losses. While this move is part of Binance’s usual process to maintain the platform’s quality, it has certainly raised concerns among investors. The delisting serves as a reminder of how much influence major exchanges have on token prices and market sentiment.
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EL-SHADDAI
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STOP TRADING ALTS 🛑…for Now
A lot is happening after the Fed meeting, and I’ll break that down in my next post. But for now, I have to be here the voice of reason, and here’s the most important thing I can tell you: STOP TRADING ALTS. Don’t listen to all the fake crypto gurus telling you to buy this coin or that coin right now. We don’t know where the bottom of this drop is yet, and there’s no clear signal to guide us.
Here’s a quick summary of what’s going on: • Yesterday, the Fed cut rates by 0.25 bps, and Powell’s speech sent the markets into more volatility—nothing new there. • Crypto and stocks have been pumping hard for the past few months, so this retracement was overdue. • The dollar is strengthening, and naturally, that’s putting downward pressure on BTC.
So, What Should You Do? • Spot Bags: Keep them as they are. If you’ve got strong positions, just hold. I’d advise further DCA if you’re in a bullish trend, but don’t jump the gun yet. Wait for a clear signal before making any major moves. • Futures: Be very careful in this volatile market. Personally, I’ve only longed LINK, which is still not in profit, and I’m staying out until I see a clear opportunity. I’ll move with a small risk until the market gives me something more predictable. • BTC.D: This is where my concern lies. BTC dominance is nowhere near resistance. One spike to 60% and alts could drop another 20-30%. A massacre, basically.
The market is volatile, and sometimes doing very little is the best move. I’m staying cautious for now and keeping my eyes on the market’s next move.
If you want to make sure you’re navigating these waves without getting caught off guard, check out my copy trading account. I’m managing risk while others chase every shiny altcoin—because, let’s be honest, sometimes doing nothing is the best move. Click here to copy and 💰🚀
Stay smart, stay patient, and let’s ride this out together.
A Pepe (PEPE) whale has shocked the broader cryptocurrency community with its market activity. Lookonchain, an on-chain analytics platform, noticed and shared the transaction in a post on X.
PEPE whale activity reflects market caution
Notably, the whale deposited 150 billion PEPE tokens valued at $2.72 million into crypto exchange Binance. The development suggests that the trader likely might execute a stop-loss order. The whale intends to limit losses by selling the PEPE tokens when its price falls to a specific level.
After the market drop, a whale deposited 150B $PEPE($2.72M) into #Binance to stop loss.This whale withdrew 150B $PEPE($2.94M) and 60B $SHIB($1.52M) from #Binance on Nov 28.At current prices, the whale is facing a loss of $219K on $PEPE and $136K on $SHIB.… pic.twitter.com/kGDa9K7Z7z
— Lookonchain (@lookonchain) December 19, 2024
card
Interestingly, the whale had earlier, on Nov. 28, withdrawn the same amount from the crypto exchange. However, the 150 billion PEPE was worth $2.94 million. The whale action when the withdrawal occurred hinted at a holding move.
Now, with PEPE’s price performance in significant decline, the whale’s deposit might mean it has decided to sell the asset.
PEPE trades at $0.00001927 as of this writing, representing a 9.55% dip in the last 24 hours. The whale has suffered a loss of over $219,000 on PEPE tokens at the current market price.
Analysts say it is, therefore, understandable to take a stop-loss action. This could mitigate further losses on the asset as its value plunges downward.
Community reactions and lessons on market timing
The development has triggered a reaction from the broader crypto community — notably, a user, Human.AI.Blockchain (@humanDAO), highlighted that the incident serves as a reminder to all players in the crypto sector. According to them, it reveals that even big investors cannot always time the market perfectly.
card
However, others consider the move as being too hasty. They opine that the asset could post a rebound eventually, and he should not have capitulated. These latter groups are optimistic about a bullish cycle with thereplacement the Securities and Exchange Commission (SEC) Chair announced.
The crypto space's divergent views reinforce the need for individuals to do their research. They emphasize the volatility of market conditions and the different approaches that traders adopt to manage price fluctuations.
A Pepe (PEPE) whale has shocked the broader cryptocurrency community with its market activity. Lookonchain, an on-chain analytics platform, noticed and shared the transaction in a post on X.
PEPE whale activity reflects market caution
Notably, the whale deposited 150 billion PEPE tokens valued at $2.72 million into crypto exchange Binance. The development suggests that the trader likely might execute a stop-loss order. The whale intends to limit losses by selling the PEPE tokens when its price falls to a specific level.
After the market drop, a whale deposited 150B $PEPE($2.72M) into #Binance to stop loss.This whale withdrew 150B $PEPE($2.94M) and 60B $SHIB($1.52M) from #Binance on Nov 28.At current prices, the whale is facing a loss of $219K on $PEPE and $136K on $SHIB.… pic.twitter.com/kGDa9K7Z7z
— Lookonchain (@lookonchain) December 19, 2024
card
Interestingly, the whale had earlier, on Nov. 28, withdrawn the same amount from the crypto exchange. However, the 150 billion PEPE was worth $2.94 million. The whale action when the withdrawal occurred hinted at a holding move.
Now, with PEPE’s price performance in significant decline, the whale’s deposit might mean it has decided to sell the asset.
PEPE trades at $0.00001927 as of this writing, representing a 9.55% dip in the last 24 hours. The whale has suffered a loss of over $219,000 on PEPE tokens at the current market price.
Analysts say it is, therefore, understandable to take a stop-loss action. This could mitigate further losses on the asset as its value plunges downward.
Community reactions and lessons on market timing
The development has triggered a reaction from the broader crypto community — notably, a user, Human.AI.Blockchain (@humanDAO), highlighted that the incident serves as a reminder to all players in the crypto sector. According to them, it reveals that even big investors cannot always time the market perfectly.
card
However, others consider the move as being too hasty. They opine that the asset could post a rebound eventually, and he should not have capitulated. These latter groups are optimistic about a bullish cycle with thereplacement the Securities and Exchange Commission (SEC) Chair announced.
The crypto space's divergent views reinforce the need for individuals to do their research. They emphasize the volatility of market conditions and the different approaches that traders adopt to manage price fluctuations.
Hello, my own simple thoughts about near future about #BTC . I really think people waiting Trump to go in Office and this day is 20 January. Until then the $BTC will be flat with little bit turbulence. But when Donald Trump step in the White House, the market will go Up, but for how long is the question.
My advice is if you are emotional person, be very careful and don't be too greedy with holding, if you are on good profit just sell it and take the profit until the market is go down. Sell H