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$BTC

📊 Current 1week Chart Overview
Current Price: $2.2589

7-day MA: 2.2833 (price is slightly below this, short-term caution)

25-day MA: 2.3804 (medium-term resistance)

99-day MA: 1.0905 (long-term bullish trend intact)

Volume: Decreasing in recent weeks, possibly signaling consolidation or waning momentum.

1-Year Growth: +333.84% — extremely strong long-term growth.

✅ Should You Invest?
Yes, XRP currently presents a medium-risk, high-reward opportunity — especially if:

You're investing for the mid-to-long term (3–12 months).

You believe in Ripple's role in cross-border finance.

You can withstand some volatility.

If XRP breaks below $2.10, you may want to reassess. But a bounce off this support, combined with volume spikes, could signal a strong buy zone.

📌 Strategy Suggestions
Entry Zone: $2.15 - $2.25

Target Zones:
Short-term: $2.60 – $2.90
Mid-term: $3.40+
Stop-loss: Around $2.05 (if you're actively trading)
DCA: Split capital into parts and buy over a few dips to manage risk.

📌 Final Thought:
XRP is in a healthy consolidation phase after a sharp rally, with strong fundamentals and upcoming catalysts. Technicals point to possible upside if $2.50 breaks with volume. A strategic, gradual buy approach is advisable rather than all-in.
Hold for breakout—watch $2.10 (support) and $2.50 (resistance).
#BinanceAlphaAlert
#MarketPullback $XRP

#BTCBreaking100KAgain?
$BTC
Bitcoin’s journey from $44K to more than $100K during 2024

Long-awaited milestone reached after Trump’s presidential election win due to his pro-crypto stance
Bahattin Gonultas and Nuran Erkul |
07.12.2024 - Update : 07.12.2024
Bitcoin’s journey from $44K to more than $100K during 2024

​​BERLIN/LONDON

Bitcoin started 2024 at $44,000 and soared to more than $100,000 for the first time this week after hovering around that figure for weeks, according to data from Coinmarketcap website, compiled by Anadolu. The long-awaited milestone was reached with the optimism that was led by President-elect Donald Trump’s moderate stance and regulations on cryptocurrencies. Bitcoin’s market cap surpassed $2 trillion, which makes it as valuable as one of the top companies, such as chipmaker Nvidia.

Trump promised to make the US “the crypto capital of the planet” and to establish a national Bitcoin reserve that would allow the country to hold Bitcoin for strategic purposes, which is expected to encourage other countries to create their own.

Bitcoin gained around 44% in the month after the US presidential elections.

Trump nominated cryptocurrency and deregulation advocate Paul Atkins for Gensler’s job.

The Republican majority in the Senate and House of Representatives also bodes well for crypto assets.Bitcoin was developed in 2009 by someone or people operating under the pseudonym Satoshi Nakamoto.
Thousands of Bitcoins used to be valued at $1, and in fact, the price of Bitcoin dropped to $0.1 in 2010. Though the cryptocurrency showed rapid growth the next year, increasing above $1,000 in 2013, it fell again.

Bitcoin saw prices as high as $12,000 in mid-2019 but plummeted to around $4,000 after the coronavirus pandemic, though the interest grew, as companies and investment funds saw opportunities in cryptocurrency as a hedge against inflation, which led to a rise in Bitcoin prices to more than $60,000 in early 2021.

Bitcoin’s halving this year also contributed to the unprecedented rise.