Cryptocurrency

With strong momentum and rising volume, XRP now seems to be in its third wave. In the past, this wave has a tendency to push prices higher than earlier movements, drawing in more buyers and boosting optimism. The next resistance level, $1.80, is one of the important levels to keep an eye on, while XRP’s momentum is still strong. If this level is broken, XRP may reach the $2.00 mark, a significant psychological barrier and all-time high.If XRP continues on this path, $2-$20 might also be considered a long-term target. The Immediate resistance is at $1.80. Above this, a breakout validates the strength of the third wave. A significant psychological and historical barrier that might draw increased market activity is $2.00.$2.20: If the rally picks up more steam, this could be the upper target. One of the downside risks is a decline below $1.30, which would test the wave structure and suggest a potential waning of the trend. Any corrective actions should be mitigated by the strong support that is still present around $1.30.When the high falls, it means that buyers are losing control and cannot drive the price to new highs. As sellers gain confidence and trading volumes begin to decline, this pattern usually comes before longer consolidation or further downward movement. If Bitcoin does not surpass the most recent high of about $97,000, the current rally may be put to the test. Right now, Bitcoin is trading at about $97,500, just below the psychological $100,000 threshold. BTC must overcome the immediate resistance level of $98,000 in order to rekindle the bullish momentum. Support levels of $88,000 and $78,000 are crucial on the downside. The lower high pattern would be validated by a breakdown below $88,000, which would probably trigger a deeper retracement toward the $78,000 area, which corresponds to the 50 EMA. The fact that the Relative Strength Index (RSI) is still close to overbought levels suggests that Bitcoin might require some cooling time before making another big move. There is also a possibility of short-term weakness because volume seems to be tapering off in comparison to earlier in the rally. This set of circumstances indicates that a breakout is probably imminent in one form or another. The price of PEPE recently recovered from the 21 EMA, indicating how crucial it is as a support zone. It might open the door for a bullish reversal, if the price can hold above this level. A break below the 21 EMA, on the other hand, could lead to a more severe correction; the next support levels are located at $0.00001746 and $0.00001350. The consistent drop in trading volume is among the chart’s most telling indicators. This decline in activity frequently occurs before notable price movements because it indicates a consolidation phase during which traders await a clear direction. PEPE is likely to encounter increased volatility and break out of its current range once the volume spikes. PEPE is under short-term bearish pressure, as indicated by the chart’s descending trendline. The price has struggled to break above this trend line, which has capped recent attempts at upward movement. PEPE needs to maintain its position above the 21 EMA and confirm a reversal by breaking through the trendline with high volume in order to see a bullish breakout. This article was originally published on U.Today More

Pal believes the banana zone symbolizes a period when the price of Bitcoin is likely to record a massive uptick over the long term. His post suggests that the market is performing within the trajectory he outlined earlier.For clarity, the banana zone refers to when an asset’s price goes off on a parabolic path. The rapid rise could cause some investors to regret not purchasing Bitcoin before the asset began to soar.Interestingly, Pal emphasized that there is “plenty more to come over time.”This signals Pal’s belief in the continued growth of Bitcoin. Pal’s post offers optimism for traders and investors who might have given up on Bitcoin crossing the psychological level it has tested repeatedly recently.However, Pal also warns of “sharp corrections” even as BTC enters the banana zone. According to him, investors should anticipate dips amid the general uptick in price. This aligns with the usual market volatility that generally characterizes Bitcoin and the crypto market.Despite these anticipated fluctuations, Pal calls on his followers to “strap in,” or stay the course. He appears firmly confident in his bullish stance on the asset.However, market volume remains down by 28.91% at $49.06 billion. This signal suggests that investors still need to decide whether they should continue to bet on the coin.With Pal’s bullish statement, if his prediction proves true, the market could experience increased activities in the next couple of days.This article was originally published on U.Today More

As Bitcoin edges closer to the $100K milestone, the crypto market is preparing for a pivotal new cycle. Historically, BTC surges spark altcoin rallies, with liquidity eventually flowing into the memecoin sector. In this environment, projects with strong narratives and valuable utilities take center stage. Among them, Pepeto, the God of Frogs, is emerging as a leading contender. Positioned as a hub for the adoption of next-generation memecoins via its exchange, Pepeto aims to provide innovative solutions for the evolving cryptocurrency market.Pepe Unchained: Advancing Scalability with Layer 2 TechnologyPepe Unchained utilizes Layer 2 technology to improve scalability and reduce network congestion during periods of high demand. This makes transactions faster and more efficient, providing an advantage in the competitive memecoin market.On the other hand, while Pepe Unchained’s value is a key strength, Pepeto delivers a more comprehensive offering:Pepeto, the God of Frogs, has emerged as a standout in the crowded memecoin space. Its value proposition; centered around adopting all memecoins of the 2025 bull run through its zero-fee exchange, cross-chain bridge, and token listing platform; has positioned it as a transformative force in the market. Beyond its utility, Pepeto’s epic narrative has further fueled its hype. The story of how Pepeto traversed eras to gather six vital documents, especially Technology (T) and Optimization (O) through insights from Satoshi Nakamoto, has enthralled the crypto community, combining mythos with innovation in a way few projects can match.Interest in the Memecoin CommunityPepeto has been featured by various influencers, blogs, and cryptocurrency journals, which have examined its blend of utility and storytelling. The project has generated discussion across social media platforms and YouTube, where numerous creators analyze its narrative and features. This intersection of traditional crypto values and community-focused initiatives has contributed to the project’s increasing engagement within the memecoin sector. Currently priced at $0.000000094 and with a total supply of 420 trillion tokens, matching Pepe’s supply, Pepeto is amis to position it self as a comparable entrant in the memecoin market.Pepeto’s Plot TwistPepeto has already completed its Q4 2024 roadmap and is actively advancing its Q1 2025 milestones. The Pepeto team has observed an influx of new users and is working to position the platform as a comprehensive solution within the memecoin ecosystem, emphasizing its robust exchange infrastructure.Visual Storytelling to Engage the CommunityPepeto brings its narrative to life through a series of animated episodes detailing its quest to gather six sacred documents: Power, Energy, Precision, Efficiency, Technology, and Optimization. These episodes, available on Pepeto’s official YouTube channel, blend entertainment with the project’s mission, engaging both investors and the broader community.X post: https://x.com/Pepetocoin/status/1860796935755665537Pepeto: Evolving with the Changing Landscape of MemecoinsAs the 2025 bull run approaches, Pepeto is distinguishing itself as more than just a memecoin. Its combination of rich storytelling, cutting-edge utilities, and a rapidly growing community positions it as a noteworthy project in the crypto space. Pepeto seeks to establish itself as a platform suited for both experienced participants and newcomers in the evolving memecoin landscape.Disclaimer:Pepeto.io is the only official website for purchasing Pepeto tokens. Users must be aware of fraudulent sites mimicking the platform and verify at the official website.For more information, users can visit https://pepeto.io/.Official Website: https://pepeto.io/Social Media:This article was originally published on Chainwire More

Interestingly, despite disappointing investors and traders because it has yet to climb past the anticipated $100,000, Bitcoin’s performance remains striking. CoinGlass data reveal that Bitcoin recorded staggering growth this November, or about a 37% rise.This is the fourth-best month for Bitcoin in terms of price performance since October 2021. This month’s performance is surpassed only by 44% growth in February 2024 and 40% in January 2023 and October 2021. This month’s performance is linked to various macroeconomic factors, including rate cuts.Meanwhile, the expiration of Bitcoin’s options contracts worth $9.4 billion has also nudged the coin up a bit in the market. However, Bitcoin market volume has dropped considerably by 34.48% to $47.10 billion. This metric signals investors have remained cautious about the coin’s ability to cross $100,000 this cycle.For instance, there is a growing rekindling of interest from institutional players. Although institutional enthusiasm for Bitcoin appears to have suffered a decline, renewed interest could act as a catalyst to fuel price action. Spot Bitcoin ETF products are now accessible to investors in the U.S. and other regions.Regardless of the current price level, the prediction for Bitcoin in 2025 suggests that significant growth is possible. Some analysts predict the growth could flow from the remaining days of 2024 and hit a high of $200,000.This article was originally published on U.Today More

These three outperforming crude oil is down to the rapidly advancing tech sphere, rising geopolitical tension and commodity deflation, the Bloomberg expert said. While oil is going down $50, gold is trading at $3,000 and Bitcoin is changing hands at $97,050 at the moment.The screenshot shared by McGlone shows that in the last year, the world’s leading cryptocurrency, Bitcoin, has added 158.9% (125.5% year-to-date), while gold has gained 33.8% over the past year and 27.4% year-to-date.In another tweet, he stated that gold has been rising and commodities falling since 2022, when Russia and China announced their collaboration. The expert likely believes that gold may continue to increase and commodities may keep going down in 2025.This article was originally published on U.Today More

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is marking new milestones of Web3 growth in the TON ecosystem. Bybit Web3’s organic integrations of The Open Network (TON) have supercharged the expansion of its Web3 universe, spearheaded by the success of SpaceS, the first fly-to-earn and meme-filled Telegram game led by Bybit Web3. Building on the momentum, Bybit Web3 will also be joining Season 7 of The Open League, contributing to the enrichment of the The Open Network for everyone. Unlocking Cult Status: The Rise of SpaceSSince its launch in late October, the eclectic SpaceS game has amassed over 2.5 million members in the community. Over 3.4 million monthly active users gravitated towards the Telegram game bot, catapulting the mini game to top spots in the Telegram Game Bot rankings in its first month. Continuing the momentum, SpaceS has announced the launch of a new season, Alliance Edition, unlocking seamless access between trending Telegram games for players. Alliance Edition allows users to fly into SpaceS directly from popular projects like Major, Catizen, Yescoin, RIverland, Boinkers, Cat Gold Miner, and more, reaping benefits from the entire Telegram gaming ecosystem. By playing these games, users can unlock exclusive project rewards—all while exploring a growing network of Telegram’s most engaging games.More opportunities to earn in the Alliance Edition: Bybit Web3 is also opening another front of community engagements and user experience by joining Season 7 of The Open League. A brainchild of the TON Foundation, The Open League is a powerful gaming platform on the TON blockchain that supports and incentivizes creators and participants in the TON ecosystem.By joining The Open League, Bybit Web3 aspires to redefine engagements and growth in Web3 with TON. The instant popularity of SpaceS and The Open League’s well-established status as a rewarding platform position the partners to shape the future of interactions in Web3 by championing long-term value for users and Web3 projects alike. Leveraging TON’s game-changing potential in Web3, Bybit Web3’s first venture into the TON gaming space commenced a new chapter of rewarding participation, driving adoption, and strengthening connections between the 1 billion users across Bybit, TON and Telegram’s ecosystems. About Bybit Web3Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting. Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.Join the revolution now and open the door to your Web3 future with Bybit.For more details about Bybit Web3, please visit Bybit Web3.ContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

In this X post, he once again hinted that he might be released from prison for good soon, saying that he has “a lot to be thankful for this year.”Earlier this week, on Nov. 26, Ulbricht tweeted that he is beginning to “get used to the reality” that he might be released from prison permanently soon, hinting at the pledge made by the new U.S. political leader during the election campaign that he would end Ross Ulbricht’s prison sentence once he takes the office. He stated that 11 years is enough for the crime the Silk Road founder committed.The Silk Road was founded in 2011 as a marketplace where users would be able to trade without the government’s supervision and control, with Bitcoin used as the currency for payments. However, it was drug and arms dealers who became the most active sellers on that platform. In 2012, the FBI shut down the Silk Road, sending Ross Ulbricht to prison for two lifetime sentences. He has spent more than 4,000 days behind bars already, according to a tweet he published in the middle of September.Now, he believes that after 11 years in prison cells, his sentence might be cancelled thanks to the change in U.S. political leadership. The crypto community has been supporting Ulbricht all these years, signing a petition requesting that he should be set free and conducting various public campaigns, attracting attention to his case.This article was originally published on U.Today More

Hydration has announced the launch of its decentralized borrowing platform, the Hydration Money Market. The new platform allows users to supply cryptocurrency as collateral, earn interest on their deposits, and borrow various digital assets.Built on the Polkadot blockchain, the platform emphasizes efficiency and innovation in the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain prioritized liquidations, a mechanism designed to minimize losses and prevent exploitation during liquidation events.The platform operates as a fork of the AAVE v3 protocol, offering over-collateralized borrowing capabilities and enabling users to explore advanced strategies, such as leveraging positions and arbitraging interest rates. These features cater to users seeking diverse, risk-adjusted financial strategies within the DeFi space.Hydration’s launch is a step forward in its mission to democratize access to financial tools while ensuring sustainable protocol development. The project’s focus on transparency and user-centric design aligns with the broader goals of fostering a robust, decentralized financial ecosystem.For more information, users can visit hydration.net, app.hydration.net or follow Hydration on X (formerly Twitter).About HydrationHydration is a blockchain-based platform dedicated to enhancing financial accessibility and innovation through decentralized tools. By leveraging Polkadot’s scalability and interoperability, Hydration aims to empower individuals and institutions with secure, transparent, and efficient solutions for borrowing, lending, and managing digital assets.ContactValery Hydratorvalery@intergalactic.limitedThis article was originally published on Chainwire More