XRP Price Prediction: Analysts Bullish as 'Big Things Coming' Crypto analysts Amonyx and Egrag Crypto are optimistic about the prospects of XRP price, believing that a "big event" is about to happen. According to their analysis, the long-awaited breakthrough of XRP price may happen soon. Crypto Assets analyst Amonyx stated in a post that the price of XRP is going to pump significantly. The chart he attached shows that the cryptocurrency may pump up to $75. The analyst based his prediction on XRP replicating a similar trend to its price surge of over 61,000% during the bull market in 2017. The chart shows that XRP has been consolidating for a year before breaking through and enjoying an unprecedented Rebound. In line with this, analysts emphasize that XRP has been consolidating since then, indicating that another price breakthrough is imminent. Amonyx is more bullish on the price of XRP lately. Prior to this, he predicted that Crypto Assets would reach between $50 and $57 during this Bull Run peak. However, his recent forecast provides a more optimistic outlook for XRP. Interestingly, he also predicted that Crypto Assets may experience a big pump up to $400. These bullish XRP predictions are believed to be partly due to B. and C.C's recent application to offer XRP ETF. These funds may drive XRP to pump significantly, as they will attract more institutional investors into the Token ecosystem. Therefore, these XRP ETFs will have a positive impact on the XRP price, just like SpotBTC ETFs have on the BTC price. At the same time, in the short term, Amonyx also expects XRP prices to potentially pump significantly. In a recent X post, he shared the XRP/BTC chart and told XRP holder that the god candle is coming soon. Cryptocurrency analyst Egrag Crypto emphasizes that $0.61 and $0.62 are breakthrough targets worth following. He points out that the breakthrough points are getting lower and adds that XRP has at most 70 days to reach the final peak of the breakthrough points. Egrag Crypto further pointed out that he believes the price breakthrough may happen faster than expected in the next 15 to 30 days. According to him, the pressure is building up and will not last long. In fact, the consolidation of XRP can be traced back to the bull run of 2021, when it failed to hit an all-time high (ATH). The price level of $0.60 has also proven to be a strong resistance level for the Token, as the Token has repeatedly retested it without being able to break through since Judge Analisa Torres made the final ruling in the Ripple SEC lawsuit in August. The current XRP price is about $0.55, which has pumped more than 3% in the past 24 hours. (Data Source: Scott Matherson)

BTC on the verge of collapse: Will it hold at $60,000 or face a major adjustment? BTC recently broke through $63,000, rekindling investors' hopes for a pump, but today it once again fell to a low of around $60,000, dampening investors' enthusiasm. This unsatisfactory performance prompted analyst Aytekin to raise and share an important question: "Is it reasonable to expect a final shakeout before the next big move?" In the latest post, the analyst explained that BTC is currently in a high area of open position contracts, exceeding the key level of 180 billion US dollars. Historically, when the open position contract level reaches this point, a major adjustment occurs. The analyst mentioned that there is a divergence in the current market sentiment and pointed out: the market seems hesitant in many aspects, with some believing that the next major pump trend is about to come, while others believe that the downward trend of BTC remains strong. A common view is that BTC may need a final shakeout before soaring to an all-time high (ATH). Aytekin added that although the Intrerest Rate of financing is slightly higher than the 200-day simple MA (SMA), it indicates that longs traders still dominate. However, in the past, when the Intrerest Rate of financing turned negative, prices often experienced a significant pullback, but this has not yet occurred. Aytekin's conclusion is that although the ultimate oscillation may occur, considering the relatively moderate Intrerest Rate of financing, the adjustment of Depth may not be so severe. Due to BTC's difficulty in breaking through the key resistance level, its recent price movement reflects the market's continued indecision. Over the past few weeks, BTC has remained stable above the $60,000 mark but has failed to pump significantly to $70,000. In the past 24 hours, BTC has dropped by 2.9% and is currently trading at $60,485. Earlier this week, the asset briefly surged to $63,774, sparking optimism for a potential rise to $65,000 and the $70,000 mark. Famous Cryptocurrency analyst ALI recently commented on the PA of BTC, pointing out that BTC is still trading within the "descending parallel channel". ALI stated that the asset was rejected at the upper limit of the channel, indicating a possible further fall. "We may fall to the middle limit of $58,000, or even fall to the lower limit of $52,000," ALI pointed out in an article on X. He emphasized that a bullish breakthrough is unlikely unless BTC exceeds the level of $66,000, which has been an important resistance point in recent weeks. (Data Source: Samuel Edyme)

Analysts say that BTC is forming a typically 'very bullish' signal. As explained in the new post on X, BTC has reclaimed the actual price of short-term holders. Here, 'actual price' refers to an indicator that, in short, tracks the average cost basis of BTC market investors. When the value of this indicator is greater than the Spot price of Cryptocurrency, it can be assumed that ordinary holders in this field hold some unrealized profits. On the other hand, when this indicator is lower than the BTC price, it means that market losses dominate. In the context of the current discussion, we are interested not in the actual price of the entire user group, but in the actual price of a subset of people: short-term holders (STH). STH refers to BTC investors who have purchased Tokens within the past 155 days. Depending on the holding period, this group constitutes one of the two main parts of the BTC industry, with the other part of the market being referred to as long-term holders (LTH). The chart shows the actual price trend of BTC for this group over the past year. From the chart, it can be seen that the BTC Spot price last month has fallen below the actual price of STH, which means that this group has entered a net loss state. However, after staying below this line for a while, Cryptocurrency has risen above this indicator with the latest Rebound, allowing the group to regain profitability. Maartunn pointed out, 'This is usually a very bullish signal.' The chart shows that the asset last broke through this level in October last year after being below this level for a long time. This breakthrough triggered a pump, ultimately leading to the Token reaching its all-time high (ATH). As for why BTC breaking through STH actual price would become Favourable Information in history, the answer lies in investors' psychology. STH is relatively inexperienced and sensitive to price changes. Specifically, they may react when their average cost basis is retested. When these investors are bearish, they may decide to sell when the price pumps to their cost basis, as they may be concerned that the uptrend will not continue. Similarly, during bullish periods, their response is to further accumulate, as they can view the cost basis as a profit point for buying more long stocks. As BTC has recently been able to break through this line, STH does not seem to have encountered resistance at present, so bullish sentiment still dominates. BTC rose to over $66,000 yesterday, but then experienced some pullback, and the price has now fallen to $64,800. (Data Source: Keshav Verma)

BTC price hits a historical high of $75,000: Analysts say this is what you should expect next BTC price hits a new all-time high (ATH), breaking $73,700 and reaching a high of $75,000 on November 6th. Following this, cryptocurrency analyst Tony Severino revealed his expectations for the next step of this flagship cryptocurrency. Tony Severino stated in a post on X that the price of BTC is ready for a parabolic pump. He told market participants that the price of BTC will break the $75,000 mark. The cryptocurrency analyst also revealed that BTC is approaching the upper band of the Bollinger Bands, which is the tightest in history. Cryptocurrency analyst shared a chart showing that BTC prices could rise to $140,000, and this flagship Cryptocurrency could reach its potential market peak in 2025. Tony Severino previously mentioned that BTC is approaching the strongest phase of the Bull Market and explained that based on historical trends, BTC could rise to $133,000. In fact, the BTC price seems to be entering the strongest phase of the Bull Market after hitting a new all-time high. The recent pump in price to new highs can be attributed to Donald Trump, who has been elected as the next President of the United States. This provides bullish prospects for BTC and the broader Cryptocurrency market, as the elected President has openly declared support for BTC and other Cryptocurrencies. In addition to Trump's easy victory, it is worth mentioning that the price of BTC has never been lower than the level on the day of the US presidential election in history. Therefore, this may be the lowest range at which the flagship cryptocurrency may trade before recording the next parabolic trend of this Bull Market. In addition to Donald Trump's victory, there are other catalysts expected to trigger the next round of the BTC bull market. One of them is the possibility of a Fed rate cut, which is expected to take place on November 7th and is favorable for BTC prices. The Fed started its FOMC meeting today and will decide on the rate cut tomorrow. Data shows that there is a 97.6% probability of a 25 basis point (bps) rate cut by the Federal Reserve. With more capital flowing into its ecosystem, this provides a bullish outlook for BTC price. Institutional investors are also taking a wait-and-see approach as they may allocate more funds to SpotBTC ETF after the US election and the Fed rate cut. According to the data, currently, the price of BTC is about $74,500, and it has pumped more than 9% in the past 24 hours. (Data Source: Scott Matherson)

DOGEholder quantity fall to a six-month low, but analysts believe DOGE price will rise to $10 The number of holders of the world's largest meme coin DOGE has recently dropped sharply, and new data confirms that the number of active long-term holders has fallen to the lowest level in six months. Despite this bearish trend, a cryptocurrency analyst remains optimistic about the price outlook for DOGE, believing that it will soon hit a new all-time high (ATH) of $10. The market intelligence platform revealed a rather pessimistic trend among Dogecoin investors and holders. The platform disclosed in a X (formerly Twitter) post on October 15th that the number of active Dogecoin holders is declining at a fairly rapid pace. According to its report, approximately 106,600 non-empty Wallets have been lost since Tuesday, October 8th. Non-empty Wallets refer to encryption Wallets that contain at least some DOGE Tokens. The market intelligence platform shared a chart showing a decrease in DOGE holders and revealed that the current estimated total number of DOGE holders is 6.62 million. This number represents the lowest value of DOGE holders since April 25th, 2024. A net decrease of 160,600 indicates that there are more people selling or withdrawing DOGE tokens from their wallets than buying this meme coin. As a result, market intelligence platforms have noticed a shift in investor sentiment and interest towards DOGE. The market intelligence platform revealed that many traders investing in DOGE are frustrated with the poor market performance of this meme coin. As a result, traders, especially those seeking short-term gains, are staying away from DOGE and looking for Crypto Assets that may appreciate quickly. It is said that, as of the time of writing this article, the trading price of DOGE is $0.12, with a slight pump in recent weeks. It seems that in the past week and month, DOGE has pumped 10% and 17% respectively, but this is still not enough for many investors. As the hottest meme coin in the market, many people expect DOGE to pump significantly for huge profits. However, the recent fluctuation of this cryptocurrency and the inability to reach the coveted $1 mark have caused concerns among many investors. In the case of a decrease in the number of DOGE holders, a cryptocurrency analyst still holds a highly optimistic attitude towards the price outlook of meme coin. The analyst Dima James Potts once again reiterated his previous prediction that DOGE will reach $10. In a previous article on X on August 8, Potts predicted that DOGE would experience a significant price increase in 2025. At that time, the analyst made the prediction based on DOGE's historical patterns and past performance, emphasizing that DOGE soared 9,000% and 18,000% in the previous two market cycles in 2017 and 2021 respectively. Now, the analyst is reinforcing his previous forecast, emphasizing that history cannot be changed, while claiming that the DOGE price surge to $10 seems inevitable. (Data Source: Scott Matherson)

With sharks and whales driving supply share over 85%, XRP surges 39%. Due to on-chain data showing sharks and Whale have been busy accumulating, XRP prices have pumped by over 39% in the past week. According to on-chain analysis company data, large XRP investors have been buying for a while. The relevant indicator here is the "supply distribution," which tracks the total supply held by a specific wallet group. According to the number of Tokens held in the Address or investor's balance, they are divided into these groups. For example, the group of 1 to 10 Tokens includes all holders with 1 to 10 XRP. In the context of the current topic, the collaboration between sharks and Whales is worth following. Sharks and Whales are the two largest groups in the industry, so their actions are worth following as they may cause market fluctuations. Of course, Whales have a greater influence among these two groups. Santiment defines the lower limit of the combination of sharks and Whales as 100,000 Tokens. At the current Exchange Rate of Cryptocurrency, this is worth approximately 61,200 US dollars. The first figure shows the distribution trend of XRP supply for these sharks and Whales in the past few months. The supply of XRP sharks and Whales has increased in the past few months. These large investors currently hold about 51.59 billion XRP, which is equivalent to about 85% of the total circulating supply of Cryptocurrency. In terms of pure balance, with the latest rise, the supply of this combination has hit an all-time high (ATH), and in terms of percentage, the indicator is at its highest level in 11 months. Whether the price of Crypto is pump or fall, sharks and Whales have been increasing their holdings during this period. The belief of these major investors is naturally an optimistic signal for the asset. Although in the long run, XRP seems bullish, another development trend may become a bearish signal in the short term. As pointed out in another X post, investors are hyping XRP on social media. As the asset recovers, people's emotions towards it have skyrocketed into positive territory. Historically, the trend of Cryptocurrency often goes against the expectations of the majority, so this fear of missing out may ultimately become an obstacle to the surge. The analytical company also attached sentiment data around Cardano (ADA) to the chart. This AltCoin seems to be influenced by highly negative emotions, which could be a bullish signal. XRP has surpassed the $0.61 level after pumping over 41% in the past week. (Data Source: Keshav Verma)

With the rapid rise of the network, Cardano reclaims $1 - will there be a bigger breakthrough in the future? Cardano (ADA) surged to the $1 mark over the weekend, marking an important milestone in its recent uptrend. However, after reaching a multi-year high of $1.15, this Crypto Asset is currently experiencing a 17% pullback due to profit-taking. Despite the pullback, the long-term outlook for Cardano remains positive, thanks to the market momentum recovery over the past three weeks. PA reflects that the market is becoming more mature, and ADA is consolidating its gains and laying the foundation for the next move. On-chain data shows strong network activity, indicating increased interest and adoption. The rise in activity suggests that the consolidation phase may be temporary as the overall market strengthens. Whether Cardano can maintain its key support level during this adjustment period is crucial for its next move. Analysts are optimistic that the network's constantly rising fundamentals and favorable macro environment will push ADA to new heights. As traders and investors closely follow the $1 support level, Cardano's evolving network metrics and bullish sentiment suggest that a breakthrough may occur soon. Whether ADA's price action will capitalize on these factors remains a key question for market participants. Cardano's network activity shows strong signs of rise, with a significant increase in daily active Addresses. on-chain data from IntoTheBlock shows that the number of new user Addresses has reached the highest level since June 2023. The surge in network activity indicates a continuous increase in the adoption of the Cardano ecosystem and growing interest, which is crucial for its long-term development. Over the weekend, Cardano returned to the $1 level, marking an important psychological milestone. Despite the current price consolidation, this trend occurs against the backdrop of a significant rise in network activity, indicating that market participants remain optimistic about the future of ADA. Analysis of X suggests that Cardano may be preparing for a bullish breakthrough, with the potential to rise to new price levels as the current consolidation phase stabilizes. Despite the recent pullback from the multi-year high of $1.15, Cardano is still in a favorable position for further rise. ADA is still more than 230% below its all-time high (ATH) of around $3.1, indicating a large pump potential as the network matures and attracts more users. If the price remains above the support level of $1 and the network continues to rise, Cardano may have prepared for the next bullish trend. With the increasing number of daily active Addresses and the widening gap with the all-time high price, the potential for a strong Rebound still exists. Investors are closely following whether Cardano can maintain this momentum and capitalize on the surging network activity in the coming months. The trading price of Cardano (ADA) is $0.93, pumping 250% since November 5th to the annual high of $1.15. Since the peak on Saturday morning, the price has retraced over 17% as it now tries to find strong demand above $0.90. This retracement is part of the natural consolidation process after a significant pump, and ADA must stay above $0.90 to maintain a bullish momentum. If ADA can maintain above this level, a breakthrough may occur, with the next key supply level above $1.25. This indicates that the current pullback is just a healthy adjustment before another pump. However, if ADA falls below the $0.90 level and fails to reclaim the support level, a deeper pullback may occur, potentially leading ADA to test lower levels. In this case, the next key support area may be closer to the $0.80 mark, where ADA may find further demand. Overall, ADA's price movement is still bullish in the long term, but it needs to maintain a support level of at least $0.90 to continue pumping and reach a new supply level of over $1.25. (Data source: Sebastian Villafuerte)

Solana analysts expect a pullback before breaking ATH - target revealed The trading price of Solana (SOL) is only 6% lower than its all-time high, thanks to a 16% pump in demand from $212. Due to the strong rise trend in SOL's price movement, this pump has attracted followers among traders and investors. Top Cryptocurrency analyst Johnny shared his Technical Analysis on X, predicting that Solana may retrace to the previous yearly high before making a new attempt to break the all-time high. This prediction was made during an ecstatic period, with SOL surging over 55% in less than two weeks, a performance that is truly impressive. Driven by rising demand and strong fundamentals, Solana's rapid pump has made it one of the most outstanding assets in the market. However, Johnny's outlook suggests that a healthy pullback may be imminent, potentially providing a key buying opportunity before SOL challenges its historical price levels. SOL's recent performance has reignited optimism in the Crypto Assets field, with everyone focused on whether it can maintain its strength in the face of potential Fluctuation. Will Solana live up to expectations and reach new heights, or is cooling inevitable? Solana is testing a key supply level just below $250, after experiencing a significant pump in price, nearing its all-time high (ATH). This level is a critical battleground, representing the last stronghold for sellers before SOL enters the price discovery phase (potentially reaching new highs). Cryptocurrency analyst Johnny recently shared his views on X, emphasizing that while Solana's price action remains strong, it may need to temporarily pull back to lower levels to gain momentum. According to his Technical Analysis, SOL may fall to the demand area of 220 US dollars. He believes that this level is crucial for buyers to get on board and re-boost the uptrend. Johnny predicts that Solana may rebound strongly from there, with a target of significantly breaking the high point of 260 US dollars. Despite the possibility of a pullback, the bullish momentum of Solana cannot be ignored. The PA of this asset indicates that a gain of more than 6% above its all-time high is achievable if market conditions remain favorable. The continued strength of the broader cryptocurrency market may intensify buying pressure, helping SOL break its all-time high and enter uncharted territory. Currently, everyone is following Solana to see if they can handle this supply zone. A successful breakthrough may pave the way for setting new highs, while a pullback to $220 may provide an ideal launchpad for its next Rebound. In any case, as traders anticipate its next big move, SOL's trajectory highlights its increasingly prominent position in the market. The trading price of Solana is $242, and it has been consolidating below the $250 level for a few days and remains stable. This level represents a key resistance level for SOL approaching the All-time high (ATH). Despite the pause, the price action (PA) remains strong, thanks to the overall bullish sentiment supporting the entire cryptocurrency market. However, whether SOL can break through $250 will be the key factor determining its next move. Successfully breaking through this level may lay the foundation for retesting ATH and possibly rebounding to the price discovery phase. On the contrary, if SOL fails to overcome this resistance, it may retreat to a lower demand area. In this case, the next reasonable support level worth following will be around $222. Buyers can intervene to reignite momentum. If the pullback continues further, SOL may revisit its previous annual high of $210, a key level that is crucial for price movement. (Data Source: Sebastian Villafuerte)

BTC profit-taking intensity is only half of the previous historical high, indicating there is still pump space gate News: According to Cointelegraph, since October 13th, BTC has pumped over 40%. However, traders remain confident in its pumping potential and point out that the profit-taking intensity is only about half of the previous historical high cycle. Glassnode stated in a recent market report, "Although the profit-taking level is high, it is still below the historical high point, which indicates that there is still further pump potential before reaching potential demand exhaustion." Glassnode explained that since Bitcoin broke $73,679 on November 5th, the average daily "realized profit" has been about $1.56 billion, nearly half of the $3 billion historical high in March. The report adds, "Since entering the latest ATH discovery phase, we have observed $20.4 billion in realized profits."

Despite a partial recovery, the Shiba Inu coin still experienced a big dump of 82%. Can the price of SHIB reach its ATH of $0.00008 again? Shiba Inu's burn rate is facing a new challenge as it has recorded a significant drop of 82%. This decline occurred during a period of price recovery and positive momentum for SHIB, raising questions about whether the meme token can still reach its all-time high of $0.00008 in 2021. In the past 24 hours, Shiba Inu's burn rate has dropped by 82.32%. The Shibburn Wallet tracker reported this significant drop, showing that only 81,937,558 SHIB tokens were sent to invalid blockchain wallets. The significant reduction in the destruction of this event is in stark contrast to the period when millions of Shiba Inu Tokens were destroyed every day. Not long ago, Shiba Inu made history by destroying $100,000 worth of SHIB Tokens in one transaction. SHIB destruction mechanism is a program that sends a portion of the Token to an inaccessible or 'dead' Wallet to reduce supply, increase scarcity, and potentially trigger a significant pump in Token price. These destructions are recorded by Shibburn (a dedicated destruction tracker for the Shiba Inu ecosystem) and primarily driven by the SHIB community. Although the decrease in the Shiba Inu burn rate may be a challenge, this development comes at just the right time. The SHIB price showed signs of recovery this week, rebounding from the previous low point. The Shiba Inu price surged by 16.28% in just one day, seemingly maintaining a bullish momentum. In addition, Whale volume surged, indicating that investors are accumulating SHIB Tokens. Despite a recent price rebound and increased Whale activity, the rise of Shiba Inu to $0.00008 may be affected by its recent decrease in burning rate. This decline seems significant as there have been no significant burning incidents of SHIB in the past week. The Shibburn report states that the burning rate has dropped by 88% in the past 77 days. In order to drive Shiba Inu to its historical high of 0.00008 US dollars, Crypto Assets need to be driven by a variety of bullish factors and positive market sentiment. The combination of increased market demand, higher burning rate, and strong momentum may catalyze Shiba Inu to reach its historical milestone. However, the trajectory of SHIB's continuous rise to new highs is now being questioned due to the current decrease in burning rate. In the context of low burning rates and broader market conditions, the SHIB price has been showing a significant pump trend, and recorded price pumps as the DOGE price experienced a bullish trend. Data shows that Shiba Inu has pumped 63% in the past week and 62.35% in the past month. At the time of writing, the trading price of this meme Token is 0.000028 dollars, and its value has surged again today. Although Shiba Inu is witnessing a new pump, its daily volume seems to be quite low, decreasing by about 11.23%. (Data Source: Scott Matherson)

Will BTC repeat history? Analysts believe the current market will resemble the 2019 pattern. Since BTC broke through the $73,000 mark again in March this year, its price has been in a long-term stagnation, which has left many investors wondering about the future trend. According to recent analysis by CryptoQuant analyst, known as 'Avocado', this stagnation may be similar to the pattern observed in 2019. In the report uploaded by the platform, analysts believe that the lack of fluctuation in BTC prices is largely due to the increasing popularity of Over-the-counter Trading (OTC) compared to exchange trading, which has reduced the frequency and intensity of price fluctuations. This conclusion was drawn after analysts evaluated a key indicator of BTC - the lifespan of UTXO (unused transaction output) - to analyze investor behavior. By examining UTXOs with holding periods of less than six months, analysts classify these holders as new investors and compare their behavior to similar periods in previous market cycles. Data shows that UTXO has experienced a small peak within six months, which is very similar to the structure in 2019. The analyst said that these new investors may have entered the market around March this year, when the price of BTC reached its peak. However, due to the stagnant price, many investors may have exited the market due to losses, while others have turned to investors who hold for six months or more, the analyst added. Analyst Avocado further explained that a similar pattern occurred in 2019, around the Halving event, ultimately leading to BTC hitting an All-Time High (ATH). However, BTC took about 490 days to reach this peak, a timeline also impacted by the outbreak of the epidemic. Due to BTC's price hovering within a relatively large range for over six months, the current situation has raised doubts about the possibility of similar outcomes. The analyst remains confident in the long-term pump trend of Bitcoin, but advises caution in the short term. Avocado points out: Currently, the price of BTC has been hovering within a large range for over six months, with no clear breakout trigger. While I have no doubt about the long-term pump trend, in the short term, I believe it is wise to manage expectations and closely follow the market. Historically, the influx of funds from new investors has always been a key condition for the pump in BTC price. (Data Source: Samuel Edyme)

$ELF price pump52.37%, aelf has reached cooperation with multiple AI platforms to build a comprehensive AI ecosystem gate News: The OG AI project aelf (ELF) recently announced that it has partnered with Aethir, EMC, Gaia, Nuklai, NetMind.AI, and NAWS.AI to expand the $ELF integration and build a comprehensive AI ecosystem. As a result, $ELF has surged over 50%. gate data shows that the price of $ELF has pumped 52.37% in the past 24 hours, with the current price at $0.6928, a market cap of $519.14M, and 24-hour trading volume of $333.69K.

Solana has broken through the key resistance level of $225 - is the ATH next? Solana (SOL) has attracted market attention after a series of turbulent days, finally breaking through the $225 mark, setting a new annual high. Currently, Solana's trading price is $235, only 10% below its all-time high, causing excitement among investors and analysts. Top analyst Ali Martinez recently shared a chart highlighting the further upside potential of Solana. According to Martinez, the price target is $250, representing a key supply zone. Successfully breaking this level may pave the way for Solana to challenge its all-time highs, triggering bullish sentiment across the entire market. The next few days are crucial for Solana as it will test the resilience of its upward trajectory. The bullish performance of Bitcoin has also sparked optimism in the overall market, further supporting the price trend of Solana. The recent breakthrough indicates a strengthening bullish momentum as Solana continues to outperform many other altcoins in the cryptocurrency market. After successfully breaking through the key $225 resistance level, Solana is about to enter a price discovery phase. This crucial move has strengthened bullish sentiment, with many analysts predicting that it will soon hit a new all-time high. With its strong price performance after breaking through the key supply level, Solana has become one of the most promising assets in the current market cycle. Martinez shared his technical analysis of X, emphasizing the significance of this breakthrough. Martinez believes that Solana appears to be entering a bullish phase, and the recent surge is just the beginning of a larger uptrend. He has set $250 as the next target for Solana, slightly below the historical high of $259 set in November 2021. Martinez believes that reaching these levels could trigger a sustained rebound and push Solana into the realm of price discovery. The confirmation of the breakthrough of $225 indicates a continuous increase in demand, driven by both institutional interest and broader market optimism. If Solana successfully tests and maintains above $250 in the next few days, it may trigger a domino effect, paving the way for further bullish momentum. Entering the price discovery phase could attract significant buying pressure, propelling Solana into uncharted territory and setting new highs. Solana's trading price is $236, breaking the yearly high and setting a new local high, only 10% lower than its all-time high (ATH). The price surged by 9% today, indicating a strong bullish momentum and renewed confidence from investors in Solana's upward trajectory. Bulls seem to have complete control over the price movement, with demand driving significant upward pressure. To sustain this breakthrough and maintain its bullish momentum, SOL must stay above $225 in the coming days. This level is now a critical support area, validating the recent breakout and laying the groundwork for Solana to challenge its ATH. Successfully retesting and maintaining above $225 may pave the way for SOL to continue climbing to new highs. However, if SOL fails to maintain this key level, there may be a period of consolidation. Such a consolidation phase does not necessarily indicate market weakness, but rather a healthy pause for the market to absorb recent gains before resuming its upward trend. In this scenario, bulls still have a chance to regain control and push SOL to new highs after establishing a stronger foundation. Currently, all eyes are on Solana as it approaches price discovery and potential new highs. (Data Source: Sebastian Villafuerte)

BTC forms a bullish pennant, indicating an imminent surge to $113,000 Cryptocurrency analyst Trader Tardigrade revealed a bullish pattern formed on the BTC chart. Based on this, the analyst explained how BTC price could pump to $113,000. In the X post, trader Tardigrade mentioned the bullish triangle flag formed on the BTC chart. The analyst pointed out that BTC price is still preparing for the next pump through this bullish pattern. The bullish triangle flag indicates that after a brief consolidation period, the pump trend will continue. Trader Tardigrade said that the consolidation of BTC within the Pennant looks very healthy. He added that the BTC price is currently climbing to its peak and will soon break through. In line with this, analysts say that the short-term target for the BTC price is still $113,000. In the recent X post, trader Tardigrade pointed out that the weekly closing price of BTC is close to the all-time high (ATH) of $93,000. The analyst stated that this is an important signal, confirming the breakout from the long-term consolidation range on the candlestick chart. He added that he noticed the strength of the rise trend has not weakened, confirming that this is the beginning of a Bull Market. According to historical trends, the analyst recently predicted that in this market cycle, the price of BTC may rise to $462,000. He explained that the large-scale Bull Market has ended between Fibonacci extensions 1.618 and 2.272. Therefore, BTC may reach $173,000 at Fibonacci extension 1.618 and rebound to $462,000 if it reaches Fibonacci extension 2.272. In a post, Cryptocurrency analyst Ali Martinez outlined several reasons why BTC may soon face a significant pullback. First, he said that Cryptocurrency enthusiasts currently feel very greedy. It is said that this greed has spread to retail investors, as Google's interest in BTC search has increased significantly. Secondly, analysts mentioned that BTC investors have already realized profits of over 5.42 USD. If these investors decide to take some profits now, it will expose BTC to the risk of facing significant dumping pressure. From a technical perspective, Martinez also pointed out that TD Sequential has issued a sell signal on the BTC daily chart. At the same time, the Relative Strength Index (RSI) indicates that BTC is currently in an Overbought state. If a price adjustment occurs, Martinez said the key support levels to follow are between $83,250 and $85,800, as well as between $72,880 and $75,520. However, the analyst added that if BTC continues to hold above $91,900, the bearish outlook for BTC will be invalidated and will trigger a breakthrough to $100,680. (Data Source: Scott Matherson)

XRP frenzy is on the rise: ATH predictions are strongly supported by Google search interest Recently, XRP has attracted great attention in the world of encryption currencies. Its price has recently reached a new high, causing unprecedented public interest. According to Google Trends data, on November 16, the search interest for XRP soared to a perfect score of 100. This significant growth occurred just a few days after the interest rate stagnated at a negligible 8, indicating the rapid volatility in the field of encryption currencies. The growth of interest perfectly matches the price performance of the token. On November 15th, the trading price of this altcoin was about $0.77, but it rose to $1.27 the next day, a 64% increase in just 24 hours. The current price of XRP is the highest level in three years, and many investors are enthusiastic about its further rise. The recent significant increase in interest in encryption currency occurred in April 2021 when it reached a high of $1.96. Given the turbulent history of XRP in the past few years, the recent rebound is particularly important. It has now regained momentum, with the period of stagnation and challenges it has experienced coming to an end, and the token's price hovering around $0.40. Analysts are optimistic about its future and point out that the encryption currency is still far below the historical high of $3.84, leaving ample room for potential growth. People's new enthusiasm for XRP is driven by a variety of factors. One important factor is the accumulation of digital assets by large investors, often referred to as 'whales'. It has been reported that these investors have recently invested over $526 million in XRP, indicating their confidence in the future potential of the encryption currency. In addition, the increase in open positions of XRP futures contracts in the recent period indicates that traders expect more volatility and price fluctuations. With more retail investors participating in the prospects of the token out of fear of missing out (FOMO), demand for XRP is rising. Interest in XRP is a global phenomenon, not limited to any particular region. According to statistics, searches for XRP are mainly concentrated in the Netherlands, Australia, Ireland, Finland, and Slovenia. This widespread curiosity reflects a more general trend, as the popularity of encryption currencies among ordinary investors grows, so does their interest in encryption currencies. The current trading price of XRP is about $1.18. It is able to maintain its price above $1, even after experiencing a slight decline. The digital asset has seen a growth of over 104% in the past week. Market observers are wondering what its next move will be. Despite the wide range of predictions, from a conservative estimate of $5 to a more ambitious forecast hinting at a possible $300, one thing is certain: XRP is once again the focus of attention and may soon become an exciting future in the encryption currency market. (Data Source: Christian Encila)

BTC analyst says "it's time to prepare for another Bull Market" - here's why An analyst explained why now might be the time to prepare for a new BTC bull market based on the development pattern of this on-chain indicator. In an article, an analyst discussed the recent trend of BTC US compared to the rest of the reserve ratio. As the name suggests, this indicator tells us the ratio between the total BTC reserves of centralized platforms in the United States and the total BTC reserves of centralized platforms worldwide. Here, platforms not only refer to exchanges but also include banks, funds, and other entities. When the value of this indicator rises, it means that assets are currently being transferred from offshore platforms to US platforms. This trend may be a sign of demand from US investors. On the other hand, a decrease in the indicator indicates higher demand for BTC from foreign platforms, as US exchanges are losing their dominant position. The chart in Figure 1 shows the 100-day Exponential Moving Average (EMA) trend of BTC/USD and the reserve ratio over the past year and a half. The 100-day EMA of BTC/USD and the rest reserve ratio had been declining earlier this year, but in the past few months, its value has bottomed out and shown an upward reversal. This means that BTC is moving from a global platform to a US platform. In the chart, the quantitative indicator marks the last instance showing this trend. It appears that the last turning point for this indicator occurred in the last quarter of 2023, accompanied by a rebound of BTC, ultimately pushing the asset to a new all-time high (ATH). The maximum increase in this indicator occurred in the first quarter of 2024. The reason behind this acceleration is the launch of Spot exchange-traded funds (ETFs) by the United States, which quickly gained popularity among investors. However, it can also be seen from the chart that shortly after the price reached the All-time high, the indicator reached its peak and reversed. Therefore, Spot ETF cannot maintain the same level of attention. The analyst pointed out that the continued consolidation of BTC this year can be traced back to the reduction of reserves on the American platform. As this indicator has recently reversed again, if it develops according to the previous pattern, BTC may usher in a return of the bullish trend. After pumping 2% in the past 24 hours, BTC has rebounded to $68,700. (Data source: Keshav Verma)

PolitiFi Memecoin big dump: After Biden withdrew, BODEN big dump 55%, while KAMA soared 150% After President Joe Biden announced his withdrawal from the presidential race, there was a major change in the U.S. political situation. Following this news, a major transformation occurred in the PolitiFi memecoin zone, with the Biden-themed Token experiencing a big dump, while the Kamala Harris-themed Token soared. Elections in November have always been a hot topic in the cryptocurrency industry. After years of hostile and "excessive" regulatory approaches by the US government, politicians' stance on cryptocurrency has become a turning point for many voters. On Sunday afternoon, US President Joe Biden announced that he would resign as a presidential candidate for the upcoming election. Biden explained in detail that he has decided to focus on fulfilling his presidential duties for the remainder of his term. In another post, he expressed support for Vice President Kamala Harris as the Democratic candidate: 'Today, I am fully behind Kamala becoming our Democratic nominee this year. Democrats, it's time to come together and defeat Trump. Let's work together.' After the announcement, industry leaders such as Artur Hayes and Justin Sun responded online. The founder of Tron replied to Biden's X post, saying, "Goodbye, Biden, Cryptocurrency will always exist." At the same time, if Harris were not the Democratic candidate, Trump's chances of winning would only increase. Hayes also said that if she "really became a candidate," Trump would "smoke her like a Cuban." The Cryptocurrency community has different opinions on this, with some users holding a pessimistic attitude. Some people believe that Trump's chances of winning in the confrontation with Biden are obvious, but the Democratic candidate's chances of winning may drop significantly. On the contrary, others seem to believe that regardless of who the nominee is, Biden's refusal to nominate will be beneficial to the Cryptocurrency industry. In addition, it is reported that Republican candidate Donald Trump maintains a huge lead. According to the data from the prediction market website, the possibility of Trump winning the presidential election in November is 65%, with bets close to $40 million. After the news came out, the PolitiFi memecoin zone fluctuated. The price of Biden incentive Token immediately began to fall, and the price of its leading Token Jeo Boden (BODEN) dropped by nearly 60%. Within half an hour, memecoin pumped from a trading price of $0.025 to $0.01. BODEN further fell in the next few hours, falling to the support area of $0.0086. This performance has fallen 65% and 73% in the past 24 hours and 7 days, respectively. The current price has fallen by 99.2% from the historical all-time high (ATH) of $1.04 in April. In addition, the Token's Market Cap has shrunk by 66% since the announcement, falling from $17.5 million to $5.99 million. Nevertheless, the Token inspired by Kamala Harris soared in the past 24 hours. Kamala Harris (KAMA) is the token with the largest increase in PolitiFi Token in the past day. KAMA hovered between 0.011 US dollars and 0.019 US dollars within two hours, with an increase of 150%. The memecoin launched in May pumped 257% and 1,433% on the weekly and monthly timeframes, respectively. KAMA has retraced above $0.015, and the current trading price is $0.016. Tokens inspired by Trump also saw a significant pump after Biden's withdrawal. MAGA (TRUMP) pumped 12% after the news, reaching a resistance level of 7.75 US dollars at one point. Meanwhile, MAGA Hat (MAGA), Super Trump (STRUMP), and Donald Tremp (TREMP) pumped 13%, 33%, and 25% respectively. (Data Source: Rubmar Garcia)

Will BTC hit a new all-time high? Cryptocurrency analyst reveals why BTC could reach 90,000 US dollars Cryptocurrency analyst RLinda is optimistic about BTC and believes that the flagship cryptocurrency may soon reach a new all-time high (ATH). She also provides reasons why BTC may rise to $90,000. RLinda mentioned in a TradingView article that the fundamentals and technical conditions support further pump in BTC price, which could drive it up to $90,000. On the fundamental side, she pointed out that the market is awaiting the launch of SpotETH ETF, which will be "another positive leverage for the Crypto market". In addition, RLinda stated that Donald Trump has confirmed his support for Cryptocurrency, which increases his chances of re-election. According to her, if he ultimately wins, the market will react positively. The Cryptocurrency analyst emphasized the "other minor differences in other parts" that could drive BTC to such heights. She pointed out that other senior US politicians are reconsidering their position on bitcoin, and the US Securities and Exchange Commission (SEC) is also "smoothly changing its position on cryptocurrency". This includes a recent statement from Hester Peirce, a commissioner of the Securities and Exchange Commission (SEC), indicating that the commission is willing to reconsider the plan to include a StakeSpot Ethereum (ETH) ETF. From a technical perspective, RLinda revealed that a classic bullish flag pattern is forming on the daily chart of BTC. She further pointed out that currently, BTC is 'highly likely' to retest the strong resistance level at $71,700 and even rise further to the recent high of $73,794. She added that the flagship Cryptocurrency will only have the chance to "follow the prerequisite for breaking the global resistance level (73,800 US dollars)" after BTC retests these areas. RLinda mentioned that 67,250 USD and 71,750 USD are resistance levels that BTC should seek to break through. Meanwhile, 63,800 USD and 59,300 USD are support levels that flagship must maintain. In addition, RLinda revealed that the current price range of BTC is conducive to breaking the resistance level, and she claimed that this will "open up a new path to the nearest resistance level". In the short term, she expects BTC to break through the resistance level of $67,250 and further pump to between $71,700 and $73,800. As BTC has retested the resistance level of $67,250, RLinda has updated her trading idea. She emphasized the cup and handle pattern on the weekly chart of BTC. The Cryptocurrency analyst stated that this bullish pattern is in the final stage of "realization before formation". From the chart she shared, this cup and handle pattern supports the possibility of BTC price skyrocketing to $90,000. According to the data, the trading price of BTC is about $67,300, which has pumped nearly 1% in the past 24 hours. (Data Source: Scott Matherson)