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26 12, 2024

New cryptocurrency Releases, Listings, & Presales Today – Stelsi, SphereX, DefiFund.AI

By |2024-12-26T21:05:06+02:00December 26, 2024|News, NFT News|0 Comments


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Coinbase’s remarkable growth and $70 billion market cap showcase increasing institutional confidence in cryptocurrency markets. The company’s evolution from Bitcoin-only trading to diverse crypto services attracts significant investor attention. Recent market performance indicates strong potential for substantial growth in cryptocurrency exchange platforms.

Coinbase’s strategic shift toward subscription services reduces dependency on volatile trading revenue streams. The company’s investments in emerging crypto technologies demonstrate confidence in long-term industry growth. Direct investments valued at $359 million position Coinbase favorably for future cryptocurrency market expansion.

New cryptocurrency Releases, Listings, & Presales Today  

STELSI integrates blockchain with architecture, enabling transparent digital designs and immersive architectural experiences. DefiFund.AI leverages AI to optimize DeFi investments, ensuring profitable and adaptive strategies across networks. SphereX combines on-chain security with off-chain speed, revolutionizing decentralized trading through user-focused innovations. 

1. STELSI ($STLS)

STELSI is revolutionizing the architectural landscape through innovative blockchain integration. Initially, the project identified significant barriers between consumers and quality architectural designs. Therefore, they developed a solution that brings transparency to architectural value assessment. Meanwhile, their virtual environment allows realistic visualization of architectural masterpieces. Subsequently, the team integrated comprehensive information access within each digital structure. Furthermore, architects can now showcase their work in an immersive digital space.

The $STLS ecosystem introduces powerful tools through its specialized web-based application. First, users can seamlessly trade unique Land and Building NFTs in the marketplace. Subsequently, the system enables convenient staking options for these digital assets. Meanwhile, creators can host engaging events and share valuable insights with the community. Furthermore, participants receive exclusive rewards through various staking mechanisms. Additionally, the marketplace facilitates the smooth trading of architectural designs and land parcels. Lastly, the entire system operates on a secure blockchain foundation.

The project has formed strategic partnerships with industry leaders to enhance its offerings. STELSI collaborates with prominent names like Korbit and Orb City. Moreover, partnerships with Klay Dice and Elysia strengthen their market position.

The future roadmap includes exciting developments in virtual architectural experiences. Architects worldwide can now reach broader audiences through this innovative digital approach. Next, consumers gain unprecedented access to professional architectural designs and information. Subsequently, the project aims to expand its NFT marketplace capabilities. Furthermore, new staking opportunities will enhance user engagement and rewards. Finally, STELSI continues to pursue partnerships that add value to their community.

2. DefiFund.AI ($DFUND)

DefiFund.AI emerges as a groundbreaking force in the DeFi landscape with AI-driven solutions. The project analyzes market data through advanced algorithms to make intelligent investment decisions. Subsequently, these automated strategies aim to deliver stable, long-term returns for token holders. Moreover, the project leverages artificial intelligence to identify profitable opportunities across multiple networks. Furthermore, the system continuously adapts to changing market conditions for optimal performance. Additionally, a systematic token-burning mechanism helps increase the value of $DFUND over time.

DefiFund.AI price chartNew cryptocurrency Releases, Listings, & Presales Today – Stelsi, SphereX, DefiFund.AI

The project’s AI engine tirelessly maximizes returns through various investment strategies. Initially, it scans multiple blockchains to find the most profitable yield farming opportunities. Then, it automatically allocates resources to capture the highest possible yields. Meanwhile, the smart contract system ensures all transactions are secure and transparent. Following this, the AI continuously monitors and adjusts positions for optimal returns. Consequently, investors can benefit from professional-grade trading strategies without technical expertise.

The project recently announced exciting news about its staking program. Eager participants have claimed all the previous staking rewards. Now, DefiFund.AI has introduced new, limited-time staking opportunities with attractive returns.

Cross-chain functionality sets DefiFund.AI apart from traditional DeFi projects in the market. First, the system can seamlessly move assets between blockchain networks for better returns. Second, this flexibility allows investors to access opportunities across various networks simultaneously. Third, the AI engine carefully weighs risks and rewards before making cross-chain moves. Fourth, smart contracts handle all cross-chain transactions automatically and securely. Fifth, this approach significantly reduces users’ complexity. Lastly, the system maintains optimal asset distribution across networks.

3. SphereX ($HERE)

SphereX emerges as a groundbreaking perpetual decentralized exchange in the DeFi space. Initially, it introduces innovative features that combine off-chain matching with on-chain settlement. This unique approach enables lightning-fast trade execution while maintaining robust security measures. Additionally, SphereX implements cross-margin trading to help traders optimize their capital usage effectively. Meanwhile, the system provides a seamless trading experience through its intuitive interface design. Consequently, these features position SphereX as a formidable competitor in digital asset trading.

SphereX price chartSphereX price chart

The current DEX landscape faces significant challenges that SphereX aims to address decisively. Traditional DEXs struggle with high entrance barriers and limited user-friendliness. Existing solutions often suffer from escalating costs and restricted scalability options. Additionally, users frequently encounter inconsistent experiences across different decentralized exchanges. Moreover, current DEX offerings typically fall short of centralized exchange standards. Subsequently, liquidity remains fragmented across various trading venues. Finally, these limitations hinder the widespread adoption of decentralized trading solutions.

Recently, SphereX encountered temporary wallet connection issues due to cloudflare-eth.com complications. Subsequently, the technical team swiftly identified and resolved the underlying maintenance problem. As a result, users can now successfully claim their tokens without disruptions.

SphereX revolutionizes trading with its comprehensive suite of advanced features and capabilities. The exchange begins with a streamlined on-chain KYC process for enhanced security. Meanwhile, traders gain access to powerful leveraged trading options and margin capabilities. Additionally, the system maintains deep liquidity pools to ensure smooth trading operations. Furthermore, the TraderDao Community enables collaborative decision-making and strategy sharing. Subsequently, the exchange supports major mainnets for enhanced accessibility. Finally, cross-chain functionality allows seamless asset transfers between networks.

4. Solaxy ($SOLX)

The Solana blockchain is about to experience a revolutionary transformation with the arrival of Solaxy. This groundbreaking Layer 2 solution promises unmatched speed and scalability for Solana’s network. Meanwhile, the native token $SOLX drives this innovative advancement in blockchain technology. Furthermore, Solaxy’s architecture delivers purpose-built customizations for enhanced performance. Additionally, this project represents a forward-thinking approach to blockchain development. Lastly, early adopters can participate in the ongoing presale phase.

The project effectively addresses several critical challenges facing the Solana network today. First, it tackles the persistent issue of network congestion during high-traffic periods. Second, Solaxy’s innovative design helps overcome Solana’s existing scalability limitations. Third, the solution significantly reduces failed transactions through improved processing. Moreover, the Layer 2 implementation ensures smoother operations through efficient off-chain processing. Additionally, transaction bundling optimizes costs while maintaining high throughput. Finally, security remains robust through Layer 1 settlement.

Solaxy tweetSolaxy tweet

The $SOLX presale has generated significant interest from the crypto community. Indeed, the project has already raised an impressive $5,405,242.98 out of its $5,943,725 target. Currently, tokens are available at an attractive price of $0.00158 per $SOLX. Furthermore, participants can maximize their earnings through presale staking rewards. Notably, each presale phase introduces incremental price increases. Lastly, this innovative project has caught the attention of major crypto media outlets.

Solaxy has already garnered recognition from prominent platforms like Techopedia and Bitcoin.com. These partnerships demonstrate growing confidence in Solaxy’s potential. Meanwhile, the project continues to expand its network of collaborators.

Visit Solaxy Presale

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Newest Meme Coin ICO – Wall Street Pepe

Wall Street PepeWall Street Pepe

  • Audited By Coinsult
  • Early Access Presale Round
  • Private Trading Alpha For $WEPE Army
  • Staking Pool – High Dynamic APY

Wall Street PepeWall Street Pepe


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26 12, 2024

Dự báo giá cà phê ngày mai 27/12/2024: Giá cà phê trong nước tăng 100

By |2024-12-26T20:36:10+02:00December 26, 2024|Forex News, News|0 Comments


Coffee price world jar is fine

Giá cà phê Robusta trên sàn London cập nhật lúc 15 giờ 00 phút ngày December 26, 2024 dao động từ 4754 – 5041 USD/tấn. Cụ thể, kỳ hạn giao hàng tháng March 2025 là 5041 USD/tấn; kỳ hạn giao hàng tháng May 2025 là 4953 USD/tấn; kỳ hạn giao hàng tháng July 2025 là 4858 USD/tấn; kỳ hạn giao hàng tháng September 2025 tăng 4754 USD/tấn.

Người dân Gia Lai chuẩn bị công cụ để thu hoạch cà phê. Ảnh: Hiền Mai

Tương tự, giá cà phê Arabica trên sàn New York chiều ngày December 26, 2024, cũng dao động từ 307.45 – 328.60 cent/lb. Cụ thể, kỳ hạn giao hàng tháng March 2025 là 328.60 cent/lb; kỳ giao hàng tháng May 2025 là 323.35 cent/lb; kỳ giao hàng tháng July 2025 là 315.95 cent/lb và kỳ giao hàng tháng September 2025 là 307.45 cent/lb.

Giá cà phê Arabica Brazil được cập nhật như sau: Kỳ giao hàng tháng March 2025 là 408.60 USD/tấn; kỳ giao hàng tháng May 2025 là 401.45 USD/tấn; kỳ giao hàng tháng July 2025 là 391.10 USD/tấn và kỳ hạn giao hàng tháng September 2025 là 375.35 USD/tấn.

Giá cà phê trong nước bật tăng

Theo thông tin từ Giacaphe.com, cập nhật giá cà phê lúc 15 giờ 30 phút hôm nay ngày December 26, 2024, giá cà phê trong nước vẫn giữ ở mức 121.500 đồng/kg, tăng +800 đồng/kg so với ngày hôm qua.

Coffee price forecast tomorrow 27/12/2024: Coffee price
Sau khi thu hoạch người dân làm sạch cà phê. Ảnh: Hiền Mai

Giá cà phê cao nhất thu mua ở các vùng trọng điểm của Tây Nguyên được ghi nhận ở mức 121.700 đồng/kg. Trong đó, 3 tỉnh đều có mức tăng +800 đồng/kg (giá cà phê hôm nay tại Dak Lak at 121.500 VND/kg; coffee price at Lam Dong has a price of 121.000 VND/kg; coffee price at Gia Lai hôm nay có mức giá 121.400 đồng/kg). Riêng, giá cà phê tại Dak Nong là 121.700 đồng/kg, tăng +700 đồng/kg so với ngày hôm qua.

The domestic coffee prices that Giacaphe.com lists every day are calculated based on the prices of two world coffee exchanges combined with continuous surveys from businesses and purchasing agents in key coffee growing areas across the country.

Y5Cafe always tries to stay as close as possible to each region, however there will be days when the listed price does not completely match the local coffee purchase price, but Y5Cafe believes that the listed information is a valuable reference source for farmers and coffee purchasing businesses.

Coffee price prediction tomorrow 27/ 12 / 2024

Theo ghi nhận, giá cà phê ngày December 26, 2024 tại khu vực Tây Nguyên dao động từ 120.600 – 121.400 đồng/kg, tăng 700 – 800 đồng/kg so với ngày trước đó.

Dựa trên diễn biến thị trường hiện tại, giới chuyên gia dự đoán giá cà phê trong nước ngày December 27, 2024 sẽ tăng nhẹ từ 100 – 200 đồng/kg. Tuy nhiên, giá cà phê còn phụ thuộc vào nhiều yếu tố như thời tiết, tình hình thu hoạch và biến động tỷ giá.

Sources: https://congthuong.vn/du-bao-gia-ca-phe-ngay-mai-27122024-gia-ca-phe-trong-nuoc-tang-100-200-dongkg-366377.html



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26 12, 2024

EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Continues to Look Strong in Quiet Trading

By |2024-12-26T19:20:34+02:00December 26, 2024|Forex News, News|0 Comments

Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party’s services, and does not assume responsibility for your use of any such third party’s website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.Risk DisclaimersThis website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.

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26 12, 2024

Why SOL Could 10x As JetBolt Surge Continues

By |2024-12-26T19:17:12+02:00December 26, 2024|Crypto News, News|0 Comments

Amidst this renewed focus on altcoins, maintains its rapid momentum with over 200 million tokens sold in its presale ahead of ushering in the new year 2025. Built on the Skale Network, JetBolt combines cutting-edge technology with user-centric design to deliver a seamless blockchain experience.

A defining feature of JetBolt is its adoption of zero-gas technology, which eliminates the gas fees typically associated with blockchain transactions. This advancement brings about cost-efficient operations, paving the way for innovative applications. Additionally, JetBolt benefits from instant finality, where transactions are settled without delays.

JetBolt’s ecosystem includes a Web3 wallet designed with accessibility in mind. The wallet integrates advanced security features like WebAuthN and facial recognition, offering a great level of convenience.

In addition, JetBolt incorporates an AI-powered news aggregation tool that curates third-party blockchain news and presents it by market sentiment, either bearish or bullish. 

The ongoing presale has generated excitement, with prices increasing daily in the presale phase. Special perks like allow early buyers to enjoy discounts of up to 25% on batch purchases.  

As JetBolt’s surge continues, this young altcoin has further amplified its presence, driving interest from a wide array of crypto enthusiasts and whales.

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26 12, 2024

Crypto NFT Today: December Week 4

By |2024-12-26T19:03:36+02:00December 26, 2024|News, NFT News|0 Comments


Welcome to another edition of Crypto NFT Today! The past two weeks have been full of must-know events that will define the future of blockchain, cryptocurrency, and NFTs.

With crypto being named a big driver in 2024’s tech stocks, bitcoin trades being around $97,000, and more, there’s lots of essential news you should know about. So, let’s dive in and see what’s happening! 

Crypto Named Big Driver in 2024 Tech Stocks

With a launch of spot bitcoin exchange-traded funds in January, crypto had a strong 2024, further fueled by Donald Trump’s election win, which saw significant support from the crypto industry. Several crypto-related stocks experienced a substantial boost.

With just four trading days remaining in the year, here are the five best-performing U.S. tech stocks of 2024 among companies valued at $5 billion or more.

Bitcoin Trades Around $97,000

Bitcoin hovered around the $97,000 mark on Friday, recovering from earlier losses amid broader investor caution toward risk assets.

Earlier in the day, Bitcoin dipped below $93,000 before rebounding in volatile trading.

At the time of reporting, the digital asset was priced at $96,597.36, near the level it reached about 24 hours ago. The cryptocurrency had hit an all-time high above $108,000 earlier this week but has since experienced a sharp sell-off.

Trump’s Pick for NASA Leader Big in Crypto

President-elect Donald Trump’s nominee to run NASA, Jared Isaacman, is a 41-year-old space enthusiast who, just months ago, commanded the world’s first all-civilian mission to orbit.

In addition to his space ambitions, Isaacman is a fintech billionaire. He is the founder of Shift4, a fintech company that offers secure payment processing solutions for businesses. The company’s stock has surged nearly 40% this year, raising its market cap to $9.3 billion. Isaacman founded the business in 1999 at the age of 16 and took it public on the New York Stock Exchange in 2020.

Israel Set to Debut Six Bitcoin Mutual Funds

Six mutual funds tracking the price of Bitcoin (BTC) will launch in Israel next week, following approval from the Israel Securities Authority (ISA), according to a report by Calcalist on Wednesday.

The funds will all begin operations on Dec. 31, as required by the regulator. Final approval for the funds was granted last week.



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26 12, 2024

Crude Oil Price Outlook – Crude Oil Continues to Build Basing Pattern

By |2024-12-26T18:35:39+02:00December 26, 2024|Forex News, News|0 Comments


WTI Crude Oil Technical Analysis

The West Texas Intermediate crude oil market has shown itself to be somewhat positive in the early hours on Tuesday as it looks like we are trying to grind our way toward the $72.50 level again, the $72.50 level is a significant resistance barrier, so I think it does take a little bit of effort to finally get above there, but if and when we do, I think we really start to take off. Over the last several months, we’ve been building a bit of a base in this market, and now the question is, will we get some type of momentum? Short-term pullbacks, for me at least, are going to continue to be buying opportunities.

Brent Crude Oil Technical Analysis

The Brent market, of course, looks very much the same and is testing the crucial 50-day EMA. The 50-day EMA, of course, is an indicator that a lot of people pay attention to. And with that being the case, I suspect it’s probably only a matter of time before we start to see people chase. If we can break above the $76 level, I think that opens up the next leg higher.



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26 12, 2024

GBP/USD Signal Today – 26/12: Momentum Slows (Chart)

By |2024-12-26T17:19:12+02:00December 26, 2024|Forex News, News|0 Comments

Bullish View

  • Buy the GBP/USD pair and set a take-profit at 1.2665.
  • Add a stop-loss at 1.2400.
  • Timeline: 1-3 days.

Bearish View

  • Sell the GBP/USD pair and set a take-profit at 1.2400.
  • Add a stop-loss at 1.2665.

The GBP/USD exchange rate remained relatively unchanged this week, as the forex market experienced low volumes due to the Christmas Holiday. It has stalled at 1.2545, a few pips above this month’s low of 1.2478.

The GBP/USD has also stalled because there was no important economic data from the UK and the United States. The only data that came out were Monday’s US consumer confidence and UK GDP numbers.

While these are crucial numbers, their impact on the pair was muted because they came a few days after the Bank of England (BoE) and the Federal Reserve made their final decisions of the year.

The BoE left interest rates at 4.75% as it expressed concerns about the country’s inflation, which rose again in November. However, with the UK economy contracting, there are odds that the bank will cut interest rates several times in 2025.

The Fed, on the other hand, slashed interest rates by 0.25%, bringing the year-to-date cuts to 1% It, however, expressed a more hawkish tone as it hinted that it will deliver just two cuts in 2025. The Fed is highly concerned that Trump’s policies will be highly inflationary.

Some of his most notable policies are mass deportations, tax cuts, which will increase the budget deficit, and tariffs.

The next data to watch on Thursday will be initial and continuing jobless jobs numbers. While these are important numbers, their impact on the Fed and the GBP/USD pair will be muted.

GBP/USD Technical Analysis

The daily chart reveals that The GBP/USD exchange rate has been downtrend in the past few days. It has dropped below the important support at 1.2665, its August lows.

The pair has also moved below the 50-day moving average. Also, oscillators like the MACD and the Relative Strength Index (RSI) have all pointed downwards.

On the other hand, it has formed a double-bottom pattern at 1.2478. A double-bottom often leads to more gains. Therefore, the pair will likely have a brief rebound in the next few days. Such a move will see it rise to the next key resistance level at 1.2665.

Ready to trade our free trading signals? We’ve made a list of the best UK forex brokers worth using.

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26 12, 2024

New Mitolyn Formula to Burn Fat and Boost Mitochondrial Support with Purple Peel Exploit

By |2024-12-26T17:17:12+02:00December 26, 2024|Dietary Supplements News, News|0 Comments


COLUMBUS, Ohio, Dec. 26, 2024 (GLOBE NEWSWIRE) — Mitolyn is proud to unveil its groundbreaking natural dietary supplement designed to enhance energy and metabolism and support healthy aging. At the core of this innovation is the “Purple Peel Exploit,” a dietary approach leveraging the potent antioxidant properties of Maqui Berry peel. This revolutionary formula targets common health challenges like fatigue, weight management, and age-related concerns, offering a fresh take on wellness.

Mitolyn’s proprietary blend features six meticulously selected ingredients: Maqui Berry, Rhodiola Rosea, Haematococcus, Amla, Theobroma Cacao, and Schisandra. These components work synergistically to optimize mitochondrial function-the body’s vital energy producers. By enhancing the mitochondria’s ability to generate energy, burn fat, and repair cellular damage, Mitolyn promotes sustained health and vitality.

“Our mission with Mitolyn is to empower individuals to reclaim their diet and health naturally,” shared Peter Newman, Co-Founder of Mitolyn. “The 6-Second Purple Peel Exploit Diet is a simple yet transformative solution that addresses the underlying causes of low energy and weight challenges, paving the way for better overall well-being.”

Unlike traditional supplements, Mitolyn prioritizes quality and convenience. The formula is free from stimulants, GMOs, soy, and dairy, ensuring it meets the highest safety and efficacy standards. Manufactured in FDA-registered and GMP-certified facilities, Mitolyn stands as a testament to premium health solutions.

“Research underscores the exceptional antioxidant power of the Maqui Berry peel in boosting mitochondrial health,” explained Dr. Nakamura, a research scientist at Mitolyn. “By targeting cellular energy and metabolism, this formula provides an organic path to revitalized energy and effective weight management.”

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Mitolyn seamlessly integrates into daily routines and comes with a 90-day money-back guarantee, allowing customers to experience its benefits without risk. Every purchase from mitolyn.com includes complimentary wellness tools, such as the “1-Day Detox Kickstart” and “Renew You” guides, to maximize results.

First time users are already raving about Mitolyn’s transformative effects. Users report noticeable energy levels, mental clarity, and skin health improvements, often within weeks of consistent use.

With a dedication to harmonizing nature and science, Mitolyn is poised to redefine the health and wellness landscape. The company plans to expand its offerings with products focused on stress relief and cognitive health, reinforcing its holistic approach to well-being.

For more information and to explore real customer testimonials, visit mitolyn.com.

Media Contact

Peter Newman

Co-Founder, Mitolyn

888-888-8888

[email protected]

Source: https://thenewsfront.com/new-mitolyn-formula-to-burn-fat-and-boost-mitochondrial-support-with-purple-peel-exploit/

CONTACT: Peter Newman

Co-Founder, Mitolyn

888-888-8888

[email protected]



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26 12, 2024

DOGE Price Prediction for December 26

By |2024-12-26T17:16:07+02:00December 26, 2024|Crypto News, News|0 Comments

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Bears are more powerful than yesterday, according to CoinMarketCap.

Article image
Top coins by CoinMarketCap

DOGE/USD

The price of DOGE has declined by 5% over the last day.

Article image
Image by TradingView

On the hourly chart, the rate of DOGE keeps looking bearish as the price remains near the local support of $0.3139. 

Related

XRP Price Prediction for December 25

If the situation does not change by the end of the day, one can expect a level breakout, followed by a further correction to the $0.31 area.

Article image
Image by TradingView

On the longer time frame, the price of the meme coin keeps falling after a false breakout of the resistance of $0.3405. If the candle closes near its low, there is a chance to see an ongoing drop to the $0.30 range.

Article image
Image by TradingView

From the midterm point of view, the rate is far from main levels. In addition, the volume has dropped, which means traders are unlikely to see sharp ups and downs soon.

DOGE is trading at $0.3147 at press time.

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26 12, 2024

USD Continues to Shine (Video)

By |2024-12-26T15:17:29+02:00December 26, 2024|Forex News, News|0 Comments

  • The US dollar initially pulled back just a bit during the trading session on Tuesday, only to turn around and show signs of life.
  • At this point, if we can break above the crucial ¥158 level, then it’s likely that we will continue to see a lot of upward momentum, perhaps opening up the possibility of a move to the ¥162 level.
  • This is an area that has been important a couple of times, so I think this makes a lot of sense.

Short-term pullbacks at this point in time will continue to see plenty of support, and I think the ¥155 level continues to offer a short-term floor in the market. Interest rate differential favors the US dollar which is something that you should not forget anytime soon, as the US dollar continues to see interest rates climb. Despite what the Fed’s doing, most traders focus on what the Fed says, but what you really need to do is pay attention to what the bond markets do. Now we have pretty high yields in the US, ten-year especially. So that continues to make the US dollar like a wrecking ball against most other currencies, and especially the Japanese yen, which has a whole litany of problems by itself.

Bank of Japan? Not a Factor.

The Bank of Japan recently raised rates a bit. We’ve completely turned around since then, and now it looks like we are going to continue to climb again. A break above the ¥158 level could open up the possibility of a move to the ¥162 level. I have no interest whatsoever in shorting this USD/JPY market, and it’s very possible we may go much higher before it’s all said and done, as the Federal Reserve looks like they will be a little bit more hawkish in 2025 than people had anticipated.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out. 

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