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🟠 2024 年 #Bitcoin   大赛 $🔥
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🔥 $300 Million XRP Outflows, Buy Opportunity? XRP, the native token of Ripple Labs, is gaining significant attention from crypto experts and community members worldwide. Over the past few days, XRP has been consolidating in a range, with whales and institutions showing strong interest and confidence in the token, as revealed by the on-chain analytics firm Coinglass. 🔸 $300M XRP Outflows Signal Accumulation Phase According to data from XRP’s spot inflow/outflow metrics, exchanges have recorded a significant outflow of over $298.89 million in the past seven days. Despite this, the altcoin has not experienced any price surge during this period and has instead faced a 7% price decline. In cryptocurrency terminology, outflow refers to long-term holders withdrawing assets from exchanges to their wallets. This outflow often indicates a potential upside rally and presents an ideal buying opportunity. 🔸 RP Current Price Momentum At press time, XRP is trading near $2.41 and has registered a price gain of over 1.45% in the past 24 hours. However, during the same period, its trading volume dropped by 35%, indicating lower participation from traders and investors as the asset continues to consolidate. 🔸 XRP Technical Analysis and Upcoming Levels According to expert technical analysis, XRP has formed a bullish flag-and-pole price action pattern on its daily time frame. While the altcoin has already breached this pattern, it is currently facing resistance at the crucial $5 level. Based on recent price action, if XRP closes a daily candle above the $2.51 level, there is a strong possibility it could soar by nearly 80% to reach the $4.5 level in the coming days. The chart suggests that XRP will likely continue to consolidate until it breaches this zone and achieves a daily close above $2.51. Additionally, the growing interest in XRP continues to rise, which could drive its price higher in the coming days. According to Google Trends, searches for XRP have skyrocketed, potentially contributing to the ongoing accumulation. #XRP #Ripple

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💥 Veteran Trader Says Solana Ecosystem Altcoin Ready for Breakout, Predicts New All-Time Highs for Dogecoin Rival A closely followed crypto trader and Elliott Wave specialist is forecasting rallies for several altcoins amid a correction in the digital asset markets. Pseudonymous trader Bluntz tells his 304,000 followers on the social media platform X that the utility token for decentralized oracle service Pyth Network (PYTH) has broken out of a bull flag pattern. Bluntz’s chart also suggests that PYTH is in the midst of a five-wave impulse to around the $0.50 level. “Solana ecosystem looking good again, nice bull flag PYTH breakout. Looking impulsive.” Bluntz practices Elliott Wave theory, which states that a bullish asset tends to go through a five-wave move up before an ABC correction. Based on the trader’s chart, he seems to suggest that PYTH is on the verge of starting its fifth-wave surge following the bull flag breakout. Bluntz is also bullish on memecoins, saying that the sector may be gearing up for a revival that will “catch a few off guard.” The trader names the Solana-based Dogecoin (#DOGE ) rival Bonk (BONK) as a potential candidate for leading a memecoin resurgence. He says BONK has likely completed an ABC-wave correction downward, suggesting an imminent rally, as per Elliot Wave theory. “BONK has pulled back 46% from the highs and looks like a clear three-wave move down. Looks like a really good dip to buy in my opinion, sales like this don’t come around that often. I am betting on fresh all-time highs still to come.” Looking at the trader’s chart, he seems to suggest that #BONK will surge close to $0.00007 before ending its five-wave ascent.

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📊 #Ethereum Eyes Bitcoin’s Lead: Is a Similar Surge Possible? Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone. 🔸 Ethereum Price Faces Resistance Ethereum price remained stable and extended gains above $3,850 but it underperformed Bitcoin. ETH was able to climb above the $3,920 and $3,980 resistance levels. There was a break above a key bearish trend line with resistance at $3,900 on the hourly chart of ETH/USD. The bulls pushed the pair above the $4,000 and $4,010 resistance levels. A high was formed at $4,019 and the price is now consolidating gains. There was a minor decline below the $3,980 level. The price even dipped below the 23.6% Fib retracement level of the upward move from the $3,831 swing low to the $4,019 high. Ethereum price is now trading above $3,880 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $4,000 level. The first major resistance is near the $4,020 level. The main resistance is now forming near $4,050. A clear move above the $4,050 resistance might send the price toward the $4,150 resistance. An upside break above the $4,150 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,250 resistance zone or even $4,320. 🔸 Another Decline In ETH? If Ethereum fails to clear the $4,000 resistance, it could start another decline. Initial support on the downside is near the $3,920 level and the 50% Fib retracement level of the upward move from the $3,831 swing low to the $4,019 high. The first major support sits near the $3,880 zone. A clear move below the $3,880 support might push the price toward the $3,840 support. Any more losses might send the price toward the $3,750 support level in the near term. The next key support sits at $3,650. #ETH #Ethereum

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⭐️ BREAKING: Trump’s Cryptocurrency Project Allegedly Bought This Binance-Listed Altcoin! Price Pumped According to the latest development, US President Donald Trump's cryptocurrency project World Liberty Financial allegedly purchased $500,000 worth of ENA tokens. The ENA price, which is also listed on Binance, experienced a pump following the development. #ENA $ENA #Ethena

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🔸 Binance Raises $21.6 Billion in a Year Binance attracted $21.6 billion in user deposits in 2024, which is 36% more than the combined volumes of the next 10 cryptocurrency exchanges in the ranking. The average #BTC deposit on exchanges increased from 0.36 BTC to 1.65 BTC, while USDT deposits increased from $19,600 to $230,000. These large deposits reflect growing interest from professional and corporate investors. Binance became the first CEX to surpass $100 trillion in lifetime trading volume, according to CCData. #Binance #BNB

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