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The XRP Price Shift That Triggered 2017's 20x Rally Is Back — Is $50 Now in Sight?
Starting May, XRP has fluctuated between $2.195 and $2.25 in the previous three days.
XRP has spent the previous two months correcting from its January peak price of $3.3, but its 2-month candlestick has a solid green body, indicating that bulls are still in power in the upper timeframes despite lower timeframe volatility.
The identical trigger that caused XRP's 20x price bubble in 2017 has reappeared, along with a precise indication.
Two-Month Technical Pattern Shows Breakout Structure
Technical analysis of XRP's 2-month candlestick chart suggests a bullish setup over a longer period.
Crypto expert JD published this analysis on social media site X, showing XRP breaking out of a long-term triangle formation that has held its price since 2018.
This triangle has a flat resistance trendline at the top and a rising trendline at the bottom. In late 2024, XRP broke over the upper resistance trendline, like it did in early 2017.
XRP confidently broke over this trendline to achieve a multi-year high of $3.3. XRP is presently around $2 after a series of adjustments.
The bullish situation is strengthened by a Stochastic RSI cross above 80. JD said this crossing last occurred in 2017, before XRP gained 20x in three months.
His graphic shows a yellow highlight at the SRSI line junction at that remarkable breakthrough. The 2-month chart confirms the cross.
When the Stochastic RSI indicator's %K line crosses the %D line, the SRSI crosses. The bullish cross signal of XRP is evaluated above 80 on the 2-month chart. Last time, in 2017, XRP rallied from $0.15 to its all-time high of $3.40 over four months.
#xrp 🔥🔥 #BTCRebounds100K # #Ripple $XRP
Starting May, XRP has fluctuated between $2.195 and $2.25 in the previous three days.
XRP has spent the previous two months correcting from its January peak price of $3.3, but its 2-month candlestick has a solid green body, indicating that bulls are still in power in the upper timeframes despite lower timeframe volatility.
The identical trigger that caused XRP's 20x price bubble in 2017 has reappeared, along with a precise indication.
Two-Month Technical Pattern Shows Breakout Structure
Technical analysis of XRP's 2-month candlestick chart suggests a bullish setup over a longer period.
Crypto expert JD published this analysis on social media site X, showing XRP breaking out of a long-term triangle formation that has held its price since 2018.
This triangle has a flat resistance trendline at the top and a rising trendline at the bottom. In late 2024, XRP broke over the upper resistance trendline, like it did in early 2017.
XRP confidently broke over this trendline to achieve a multi-year high of $3.3. XRP is presently around $2 after a series of adjustments.
The bullish situation is strengthened by a Stochastic RSI cross above 80. JD said this crossing last occurred in 2017, before XRP gained 20x in three months.
His graphic shows a yellow highlight at the SRSI line junction at that remarkable breakthrough. The 2-month chart confirms the cross.
When the Stochastic RSI indicator's %K line crosses the %D line, the SRSI crosses. The bullish cross signal of XRP is evaluated above 80 on the 2-month chart. Last time, in 2017, XRP rallied from $0.15 to its all-time high of $3.40 over four months.
#xrp 🔥🔥 #BTCRebounds100K # #Ripple $XRP
$BTC #BTCRebounds100K Bitcoin (BTC) has recently experienced a notable rebound, with its price climbing from approximately $96,350 to a peak of $97,679.48, and currently stabilizing around $96,489. This movement indicates a resurgence of bullish momentum following a brief pullback. 
Analysts suggest that if BTC maintains support above $97,160, it could pave the way for a rally targeting the $98,400–$99,500 range. However, some caution that the rebound structure may be complete, with a lower probability of further extension, indicating a potential bearish turn.  
Market sentiment remains mixed, with some traders viewing the current price action as a consolidation phase within a broader upward trend, while others anticipate a possible retracement.
Given the volatility and varying analyses, traders are advised to monitor key support and resistance levels closely and consider risk management strategies in their trading decisions.
Analysts suggest that if BTC maintains support above $97,160, it could pave the way for a rally targeting the $98,400–$99,500 range. However, some caution that the rebound structure may be complete, with a lower probability of further extension, indicating a potential bearish turn.  
Market sentiment remains mixed, with some traders viewing the current price action as a consolidation phase within a broader upward trend, while others anticipate a possible retracement.
Given the volatility and varying analyses, traders are advised to monitor key support and resistance levels closely and consider risk management strategies in their trading decisions.
Should I take profit or keep holding? $BTC
#BTCRebounds100K
#BinanceAlphaAlert
#Trump100Days
#AltcoinETFsPostponed #DigitalAssetBill
#BTCRebounds100K
#BinanceAlphaAlert
#Trump100Days
#AltcoinETFsPostponed #DigitalAssetBill
Cecila Burts uPAM:
like bihari improvement
#ArizonaBTCReserve Metaplanet's treasury operations have yielded an impressive $191 million gain in Bitcoin year-to-date! 🚀📈 A remarkable achievement in the crypto market! 💥 #BTC #Bitcoin #BTCRebounds100K
$BTC
don't forget to follow me @fatima_tariq
$BTC
don't forget to follow me @fatima_tariq
See original
Update #BTC🔥🔥🔥🔥🔥
Scenario 1:
The 95K level has likely been rejected for a breakout.
If next weekend or the beginning of next week, the immediate adjustment scenario could drop to the 91K5 area, where there are many limit orders for support. Further down, the 88K-86K area is strong support but difficult to reach.
➡️Wait for the price to adjust further to enter swing or spot orders.
Scenario 2:
BTC fluctuates in the 94K-95K range, altcoins still have the opportunity to pump according to their own trends. With liquidity areas above 100K
➡️Will update more for everyone when the wave ends.
#BTCRebounds100K
Scenario 1:
The 95K level has likely been rejected for a breakout.
If next weekend or the beginning of next week, the immediate adjustment scenario could drop to the 91K5 area, where there are many limit orders for support. Further down, the 88K-86K area is strong support but difficult to reach.
➡️Wait for the price to adjust further to enter swing or spot orders.
Scenario 2:
BTC fluctuates in the 94K-95K range, altcoins still have the opportunity to pump according to their own trends. With liquidity areas above 100K
➡️Will update more for everyone when the wave ends.
#BTCRebounds100K
Dalmore Constellation 21-Bottle Set for Sale
Exclusive and rare Dalmore Constellation 21-Bottle Collection now available for purchase.
Price: 10 #BTC
A masterpiece for collectors and connoisseurs.
Perfectly preserved in pristine condition.
For serious inquiries, please contact directly for more details or to arrange a viewing.
Exclusive and rare Dalmore Constellation 21-Bottle Collection now available for purchase.
Price: 10 #BTC
A masterpiece for collectors and connoisseurs.
Perfectly preserved in pristine condition.
For serious inquiries, please contact directly for more details or to arrange a viewing.
See original
BTCReclaims101K#
BTCReclaims101K#
#BTCRebounds100K
#BTCReclaims101K
Will we see Bitcoin surpass 101 and climb to a maximum of 109 for the first time in history?
Bitcoin has set a new record by reaching $101,000, marking a milestone in the history of digital currencies. This achievement reflects the growing global confidence in Bitcoin as a digital asset, especially with the increasing demand from major financial institutions that see it as a means of hedging their funds against inflation and economic fluctuations.
BTCReclaims101K#
#BTCRebounds100K
#BTCReclaims101K
Will we see Bitcoin surpass 101 and climb to a maximum of 109 for the first time in history?
Bitcoin has set a new record by reaching $101,000, marking a milestone in the history of digital currencies. This achievement reflects the growing global confidence in Bitcoin as a digital asset, especially with the increasing demand from major financial institutions that see it as a means of hedging their funds against inflation and economic fluctuations.
Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, created by Vitalik Buterin and others in 2015. It serves as the backbone of a decentralized blockchain platform that allows developers to build and deploy decentralized applications (DApps) and smart contracts. Ethereum also powers significant sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs).#BTCRebounds100K #BinanceSquareFamily
Key details about Ethereum:
1. **All-Time High (ATH):** Ethereum reached its highest price of **$4,891.70** on November 16, 2021.
2. **Consensus Mechanism:** Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in 2022 via "The Merge," improving energy efficiency and scalability.
3. **Current Market Trends (2024):** Ethereum recently surpassed $4,000 again, reflecting strong institutional interest, particularly with rising inflows into Ethereum-based ETFs.
Ethereum is central to the blockchain ecosystem, supporting countless DApps and smart contract use cases. If you'd like to explore specific features, historical data, or investment opportunities, let me know!
Key details about Ethereum:
1. **All-Time High (ATH):** Ethereum reached its highest price of **$4,891.70** on November 16, 2021.
2. **Consensus Mechanism:** Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) in 2022 via "The Merge," improving energy efficiency and scalability.
3. **Current Market Trends (2024):** Ethereum recently surpassed $4,000 again, reflecting strong institutional interest, particularly with rising inflows into Ethereum-based ETFs.
Ethereum is central to the blockchain ecosystem, supporting countless DApps and smart contract use cases. If you'd like to explore specific features, historical data, or investment opportunities, let me know!
Bitcoin Evolution
Word of the Day: Test Your Knowledge on “Bitcoin Evolution” to Earn Binance Points and More!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is pleased to launch a new Word of the Day (WOTD) game! All eligible users will equally share a pool of 500,000 Binance Points, which can be used to redeem BNB token vouchers and BNB trading fee rebate vouchers at the Rewards Hub.
The theme of this week is “Bitcoin Evolution”. Read selected articles to learn more about this topic, participate in this week’s WOTD, and grab a share of the rewards.
Activity Period: 2024-12-09 00:00 (UTC) to 2024-12-15 23:59 (UTC)
WOTD is an educational word-guessing game, which allows users to increase their crypto vocabulary and stay on top of the latest market developments.
How Does It Work
All eligible users may play up to two WOTD games per day to test their knowledge on the given topic.
Users who get a total of five correct answers during the Activity Period are eligible for an equal share of 500,000 Binance Points.
How to Enable the Second WOTD Game
After the first game, click the "Get A New WOTD" button.
Share one of the selected articles of the day on social media.
Unlock the second WOTD game once the selected article is successfully shared on social media and the shared link is clicked by a third party.
New User Welcome Bonus
In addition, all new users who register for a Binance account using the “WOTD2024” referral code or via this referral link during the Activity Period, will each receive 10% off their spot trading fees. Users may also qualify for additional welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.
Play WOTD Now to Earn Rewards!
Related Readings for This Week’s WOTD
Who is Satoshi Nakamoto? A New HBO Documentary Claims to Have Solved the Mystery
Binance Research: Exploring the Evolution of Bitcoin
About Binance Points
Binance Points are reward points offered by Binance's loyalty program. Users can accumulate Points by completing tasks, joining activities or completing point-based activities in the Rewards Hub. The Points can be used to claim rewards in the Rewards Shop, such as token vouchers and trading fee rebate vouchers.
Terms & Conditions
Binance reserves the right to modify or cancel the Promotion at any time without prior notice.
These terms and conditions (“Activity Terms”) govern users’ participation in this WOTD activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions.
In case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.
The WOTD game may not be available in certain countries/regions. Only users from eligible countries/regions who complete account verification shall be able to participate and receive rewards.
Users may play up to two WOTD games daily. To unlock the second WOTD game of the day, click on the "Get A New WOTD" button after the first game and share any selected article of the day on social media. The sharing will be deemed successful when the shared link is clicked by a third party.
All Binance Points will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem a variety of rewards using Binance Points via Profile > Rewards Hub.
Please note that each Binance Point will expire on the last day of the same month of distribution in the following year, if it is not used to redeem rewards at the Rewards Hub. For more information on Binance Points, please refer to the FAQ.
For the new user welcome bonus: The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. Users may qualify for welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegal bulk account registrations, self dealing, or market manipulation).
Binance reserves the right to disqualify any participant found to be engaging in fraudulent activities or violating the platform’s terms of use.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-12-09
$BTC
#BTCRebounds100K
#Bitcoin❗
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is pleased to launch a new Word of the Day (WOTD) game! All eligible users will equally share a pool of 500,000 Binance Points, which can be used to redeem BNB token vouchers and BNB trading fee rebate vouchers at the Rewards Hub.
The theme of this week is “Bitcoin Evolution”. Read selected articles to learn more about this topic, participate in this week’s WOTD, and grab a share of the rewards.
Activity Period: 2024-12-09 00:00 (UTC) to 2024-12-15 23:59 (UTC)
WOTD is an educational word-guessing game, which allows users to increase their crypto vocabulary and stay on top of the latest market developments.
How Does It Work
All eligible users may play up to two WOTD games per day to test their knowledge on the given topic.
Users who get a total of five correct answers during the Activity Period are eligible for an equal share of 500,000 Binance Points.
How to Enable the Second WOTD Game
After the first game, click the "Get A New WOTD" button.
Share one of the selected articles of the day on social media.
Unlock the second WOTD game once the selected article is successfully shared on social media and the shared link is clicked by a third party.
New User Welcome Bonus
In addition, all new users who register for a Binance account using the “WOTD2024” referral code or via this referral link during the Activity Period, will each receive 10% off their spot trading fees. Users may also qualify for additional welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.
Play WOTD Now to Earn Rewards!
Related Readings for This Week’s WOTD
Who is Satoshi Nakamoto? A New HBO Documentary Claims to Have Solved the Mystery
Binance Research: Exploring the Evolution of Bitcoin
About Binance Points
Binance Points are reward points offered by Binance's loyalty program. Users can accumulate Points by completing tasks, joining activities or completing point-based activities in the Rewards Hub. The Points can be used to claim rewards in the Rewards Shop, such as token vouchers and trading fee rebate vouchers.
Terms & Conditions
Binance reserves the right to modify or cancel the Promotion at any time without prior notice.
These terms and conditions (“Activity Terms”) govern users’ participation in this WOTD activity (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy; all of which are incorporated by reference into these terms and conditions.
In case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Policy.
The WOTD game may not be available in certain countries/regions. Only users from eligible countries/regions who complete account verification shall be able to participate and receive rewards.
Users may play up to two WOTD games daily. To unlock the second WOTD game of the day, click on the "Get A New WOTD" button after the first game and share any selected article of the day on social media. The sharing will be deemed successful when the shared link is clicked by a third party.
All Binance Points will be distributed within two weeks after the Activity ends. Users will be able to log in and redeem a variety of rewards using Binance Points via Profile > Rewards Hub.
Please note that each Binance Point will expire on the last day of the same month of distribution in the following year, if it is not used to redeem rewards at the Rewards Hub. For more information on Binance Points, please refer to the FAQ.
For the new user welcome bonus: The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. Users may qualify for welcome rewards by completing tasks available at the Rewards Hub within 14 days after registration.
Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegal bulk account registrations, self dealing, or market manipulation).
Binance reserves the right to disqualify any participant found to be engaging in fraudulent activities or violating the platform’s terms of use.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-12-09
$BTC
#BTCRebounds100K
#Bitcoin❗
ETH is looking very strong. 🪙
After the correction, the ETH price was strongly bought back and now it has broken the downtrend by breaking the local maximum. At this rate, ETH may consolidate above $3,800, which would mean a return to the global uptrend channel. This could happen impulsively or through a below-trend trade.
In case of a return to the ascending channel, the main target will be liquidity and imbalance near the $3980 level, and the next target will be $4,000.
#BTCRebounds100K
After the correction, the ETH price was strongly bought back and now it has broken the downtrend by breaking the local maximum. At this rate, ETH may consolidate above $3,800, which would mean a return to the global uptrend channel. This could happen impulsively or through a below-trend trade.
In case of a return to the ascending channel, the main target will be liquidity and imbalance near the $3980 level, and the next target will be $4,000.
#BTCRebounds100K
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