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#MarketBuyOrHold?
比特币?
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Double-Digit XRP Price If the Altcoin Fulfills One Condition Crypto analysts are thrilled about the possibility of a double-digit XRP price, which could see the token’s price reach up to $20. However, the altcoin must regain its 2017 high against Bitcoin to achieve that feat. The hopeful prediction of a double-digit XRP price follows the altcoin capitalizing on the current crypto rebound, which saw XRP gain 5% in 24 hours, beating all the major cryptocurrencies. In the meantime, as expected, the arrival of Thanksgiving saw Bitcoin spared from the imminent crypto massacre everyone had feared would take place. The crypto market is currently riding on a recovery wave that saw XRP bounce from the lows of $1.28 earlier in the week to exchange hands between $1.3 and $1.4 psychological levels during Friday trading. Analysts expect the altcoin to solidify its position and climb to $1.5. In the meantime, Bitcoin showed signs of recovery and rose from Thursday’s price of $93,500 to trade above $96,000 on Friday. According to crypto analyst CryptoBull, analysis surrounding the price of XRP in the USD/BTC pair shows that this could be an early Bull Run. CryptoBull opines that while the market was still 1,500% behind value relative to early 2017, we could easily see a double-digit XRP price. “If we meet the same Bitcoin value, the $XRP price will be around $20.” XRP has had a difficult time catching up with the flagship cryptocurrency since January 2018, when it achieved an all-time high of $3.31. Moreover, the altcoin’s price has dipped continuously relative to BTC recently. However, current data indicates a change in the trend, with XRP amazingly surging 111% against BTC, indicating the possibility of a breakout leading to a double-digit XRP price. CryptoBull suggests that for XRP to confirm the breakout, it must close November above the trend line against Bitcoin. source:thebitjournal.com #marketdownturn #Altcoinseason2024 #TipsTradingFuture
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DOGE Gain ETF? Dogecoin, which was initially only considered a meme coin, is now increasingly showing its potential as a serious financial instrument. In a Coin Bureau Youtube broadcast, Arthur Hayes, co-founder of BitMEX, predicted that Dogecoin would gain an exchange-traded fund (ETF) in this market cycle. “This is the oldest memecoin, it's on Robinhood. "If you think about Tradfi getting into crypto and they'll put an ETF in whatever they can, it's a high market cap," Hayes said. Another factor why a $DOGE ETF might happen is support from Elon Musk. Rumors about the possible integration of Dogecoin as a payment method on the X platform (formerly known as Twitter) owned by Musk have increased market anticipation. If Arthur Hayes' predictions prove correct, the launch of the Dogecoin ETF could be a major step in bringing this cryptocurrency into the financial mainstream, cementing its position not just as a meme coin, but as a serious and sustainable investment instrument. #marketdownturn #Memecoin2024 #BecomeCreator
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What Happened with Bitcoin? According to Juan Pellicer, a Senior Researcher at IntoTheBlock, December will be a bullish month for Bitcoin. This bullish bias will be driven by “unprecedented institutional demand via Bitcoin ETF inflows,” which will push the coin price above US$100,000. Nevertheless, another analyst, Brian Quinlivan, Principal Analyst at Santiment, predicts a bullish December for Bitcoin. According to Quinlivan, Bitcoin crypto whales will drive this growth if they continue to accumulate this king coin. While also admitting that Bitcoin prices may rally above US$100,000 in December, Julio Moreno, Head of Research at CryptoQuant, noted that the coin may face short-term resistance at US$105,000. According to Moreno, an assessment of BTC's on-chain realized price band revealed that the price band near US$105,000 (the maximum band) was a significant resistance level in March when Bitcoin briefly reached US$74,000. This historical resistance may now influence the future price action of this coin. This means that when the $BTC price approaches this maximum band around US$105,000, it may experience a correction. For the US$100,000 prediction to come true, the coin must reclaim its all-time high of US$99,588, which has been a resistance level, and turn it into a support floor. If this happens, the coin may rally above US$100,000 in December. On the other hand, if selling pressure increases, BTC price may fall towards US$88,986, invalidating analysts' bullish projections. source: id. beincrypto. com #marketdownturn #BullMarket2025 ##TipsTradingFuture
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Crypto to Buy Before Bitcoin Price Soars to $100,000! XRP is currently one of the most bullish coins worth paying attention to. The token is gaining new positive sentiment from investors, especially with the pro-crypto regime set to take over cryptocurrency development in the US. With Gensler stepping down from his role at the US SEC, this development has the potential to push the price of $XRP to new highs, making it an asset worth holding for the long term. According to CoinCodex data, XRP is currently at $1.69 and is expected to reach $2 in April 2025. #marketdownturn #BecomeCreator #Altcoinseason2024
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Solana Long Liquidations Surpass US$64 Million Amid Price Drop Solana (SOL) experienced a decline over the past week. Since hitting a new record high of US$264.63 on November 22, SOL has faced increasing selling pressure. This caused its price to fall almost 10% in the last seven days. This decline led to increased long liquidations in the SOL futures market. With bearish sentiment getting stronger, traders long Solana may face more losses. Here's why. Over the past week, SOL's price decline of 8% has wiped out US$64 million from long positions in its derivatives market. It should be noted, the decline in SOL prices has led to a significant decline in activity in its derivatives markets. This is reflected in the coin's open interest, which is currently at a weekly low of US$3.34 billion. If the selling activity gains more momentum, SOL price will break below the crucial support level formed at US$231.54. A drop below this price point would send the SOL price down to US$205.56 On the other hand, if the buying pressure gains momentum, the SOL price will rise towards a record high of US$264.63. Now the price is around $244.42 increased 3.86% in last 24 H. #marketdownturn #Altcoinseason2024 #TipsTradingFuture source: id. beincrypto, com
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