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9 12, 2024

USD/JPY Forecast Today -9/12: USD/Yen Flat (Chart)

By |2024-12-09T17:32:11+02:00December 9, 2024|Forex News, News|0 Comments

  • During the trading session on Friday, my daily analysis of the USD/JPY pair continues to look very messy, just due to the fact that we cannot seem to overcome the 200 Day EMA.
  • Having said that, we are not necessarily breaking down either, or I think this is a market that is trying to figure out what to do with itself over the longer term.
  • I do believe that the interest rate differential will matter, but with the FOMC Meeting coming, it’s possible that traders are waiting to see what the press conference and statement has to say about future trajectory of interest rate cuts or whether or not the Federal Reserve is going to sit still.

The candlestick for the Friday session is rather unimpressive, and we find ourselves sitting right around the crucial ¥150 level as well. With this being the case, think we have got a situation where traders are trying to figure out where to go next, but if we could get above the 50 Day EMA, then the market could really start to take off to the upside. This will be more likely than not if Jerome Powell sounds rather hawkish after the FOMC meeting, or perhaps even more impressively, if the Federal Reserve decides not to cut rates. Remember, the market has a 25 basis point rate cut priced in at the moment in the Fed Futures Funds markets.

Fibonacci

While I’m not a huge Fibonacci ratio trader, it is worth noting that we had recently bounced from the 50% Fibonacci retracement level, and we are hanging around the 38.2% Fibonacci retracement level. While we haven’t necessarily set still, we really haven’t gone anywhere over the last week or so. The US dollar is stronger than most other currencies, but there are certain amount of traders out there pretending that the Bank of Japan can do something to tighten monetary policy. The endgame for Japan is a major collapse of the currency, just due to the massive amount of debt that the Japanese have been living on. However, that doesn’t mean it has to happen today, so I am waiting for a move above the 50 Day EMA to start buying again.

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

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9 12, 2024

How to make a cup of tea: Expert tips for a perfect cup

By |2024-12-09T17:29:42+02:00December 9, 2024|Dietary Supplements News, News|0 Comments


It’s clear that tea runs through David Segal’s veins.

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Segal, who co-founded Canadian tea brand DAVIDsTea, is still in the tea game after leaving his namesake company. Firebelly Tea, which uses all 100 per cent real ingredients and compostable packaging, is Segal’s newest foray into tea.

Firebelly offers a selection of tea and accessories. All of the teas come in a compostable bag, however you can also opt for the boxed packaging that looks like a book on a shelf. Most of the tea names aren’t related to books but at least there’s Shades of Earl Grey.

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We connected with Segal to learn more about his new venture and to learn how to brew the best cup of tea. 

“Tequila used to be Tequila Bang Bang with lemon and salt, and now it’s really high-quality tequilas. Sake has started to get really high-quality. And beer and coffee have really elevated their game, too. And I think it’s time that people start to elevate their game with tea. And I want to curate amazing tea collections for people. I really love doing it,” said Segal.

“The tea industry makes it seem that you need a PhD to make tea, and you don’t. There are really only three things that you need to know: the temperature, the quantity and the steep time,” said Segal. 

The Total Package Gift Set. Photo by Firebelly Tea

The temperature 

There are two ways to measure water temperature for tea: a thermometer or rule of thumb. If you have a kettle that measures temperature, the ideal temps are below. If you have a temperature gauge-free kettle, “rule of thumb is to boil the water, take the lid off and wait until it’s not piping steam off the top. Then pour it over your tea leaves. You only need to wait two minutes and that’s it for green teas. With herbal teas, you can steep longer,” explains Segal.

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Ideal water temperature by tea type:

Green tea: 70 – 75 C
Oolong tea: 80 – 85 C
Black tea: 90 – 95 C

“With any really high-quality tea, like oolong, you don’t want to use scalding hot water. You end up with an over-caffeinated or bitter cup, especially with green tea,” he said. “If people say they find green tea bitter, it’s likely that it was over-steeped or the water was too hot. Because you’re burning the leaves.”

The quantity

This is pretty simple. Put around one tablespoon of tea per one cup of water. 

If you like stronger tea, add more leaves, don’t steep longer. If you’re going to add dairy to your tea, add an extra half tablespoon of leaves. And if you’re going to make iced tea, double the concentration for a total of two tablespoons.

The steep time

Black and oolong tea: around three to five minutes
Herbal tea: around four to six minutes
Green tea: around two to three minutes

For additional instructions, including short videos, Firebelly has a very useful Pro Tips page.

If you’re interested in exploring the Firebelly world, Segal recommends to could start with “an infuser, a cup (which are stackable), and a sampler or two. You get three teas in each sampler and you can start to learn what you really like.”

How to make a cup of tea: Expert tips for a perfect cup
Tea Strainer Photo by Firebelly Tea

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9 12, 2024

Will It Surge or Retrace Next?

By |2024-12-09T17:26:16+02:00December 9, 2024|Crypto News, News|0 Comments

  • Weekly and Daily Timeframes: Solana remains bullish overall, but recent price action hints at potential retracement
  • Lower Timeframes: Bearish signals on H4 and H1 suggest short-term opportunities, with key supply zones in focus
  • Potential Scenarios: Liquidity grabs above or below could determine the next significant move

Solana’s recent price movements present a fascinating mix of bullish and bearish signals across various timeframes. Here’s a detailed breakdown to help you navigate the action.

Weekly Timeframe: Bullish but Cooling Down

On the weekly chart, Solana reached a new all-time high (ATH) recently but is now showing signs of a slight pullback.

This could indicate a natural retracement following a strong rally, though the overall market structure remains bullish. Such corrections are typical and can be healthy for continued upward momentum.

Daily Timeframe: Still Holding Strong

Zooming into the daily chart, Solana’s bullish structure is intact, much like XRP‘s current setup.

Will It Surge or Retrace Next?

However, traders should monitor closely for any weakening momentum. Retracements at this level might offer opportunities for re-entry, especially for those riding the bullish wave.

H4 Timeframe: Diverging Views on Market Structure

Here’s where things get interesting. On the 4-hour chart, the structure appears bearish, with lower highs and lower lows forming.

However, this interpretation depends on your trading style. Some traders may consider a shadow (wick) as a legitimate break of structure, while others wait for a confirmed close with a strong candle body.

That said, the supply zone identified in previous analyses remains relevant. Solana hasn’t yet reached this area, making it a point of interest for potential short trades if price action aligns.

H1 Timeframe: Focus on Supply Zones

Drilling down to the 1-hour chart, we see clearer opportunities for those eyeing short positions.

The supply zones highlighted earlier appear more defined and are worth watching closely.

These levels could offer potential entry points for bears if the price tests them.

M15 Timeframe: Reacting to Previous Demand

Finally, on the 15-minute chart, Solana shows a noteworthy reaction to a demand zone highlighted in our December 6 analysis.

While the bullish trend didn’t resume from this level, the reaction itself provided a short-term opportunity for savvy traders.

This demonstrates the importance of identifying key zones across timeframes.

Remember, no one can predict the market with 100% certainty. These scenarios are possibilities, not guarantees, and the market could still behave unpredictably.

Stay Informed

Follow Bitcoinsensus daily for high-quality analysis on the hottest cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana. We aim to bring you the latest insights to keep you ahead of the market.

Disclaimer: This content is for informational purposes only and does not constitute financial advice.



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9 12, 2024

GBP/USD Analysis Today: Faces Pressure (Chart)

By |2024-12-09T15:31:36+02:00December 9, 2024|Forex News, News|0 Comments

  • The British Pound gained significantly against the US Dollar last week, reaching the resistance level of 1.2810.
  • However, GBP/USD quickly faced selling pressure, closing the week around 1.2735.
  • Meanwhile, we expect the GBP/USD pair to trade within a narrow range with a bearish bias until the release of US inflation data this week, which could shape the future of the Federal Reserve’s monetary policy.
  • Conversely, the absence of significant UK economic data releases this week, except for the UK GDP growth rate at the end of the week, will make the performance of GBP/USD dependent on the dollar’s movements and investor sentiment.

US Inflation Data Crucial for the Currency Pair

According to Bloomberg Economics, US headline inflation is expected to be 0.2% month-on-month and 2.6% year-on-year last month, matching October’s figures. Forward-looking pricing and early submissions to the Bloomberg survey align with these expectations. For the Federal Reserve, steady inflation is likely to signal caution when assessing interest rate cuts at the December meeting. Experts at Bloomberg expect US core consumer prices—a better measure of underlying inflation pressures—to have risen by 0.3% in November, matching the previous month’s pace. Also, the data will be released during the Federal Reserve’s traditional blackout period on public comments ahead of the meeting. These figures, along with the non-farm payroll report released last week, will shape expectations for the Fed’s decision.

Trading Advice:

Despite the recent strong performance of the Pound, it may be susceptible to renewed selling in the coming trading sessions.

Technical Analysis for the GBP/USD pair today:

With the gains of the GBP/USD pair, the direction of the technical indicators, the RSI and the MACD, has shifted upwards, and to confirm the general trend has shifted to an upward trend, bulls should launch the currency pair towards the resistance levels of 1.2860. consequently, the psychological resistance of 1.3000. Otherwise, the technical gains of the pair will be subject to renewed selling operations to take profits, which we expect in the coming days. Especially, if the US inflation figures come out stronger than all expectations. The expected US trade wars have expanded, which increases the demand for buying the US dollar as a safe haven. As is known, the British pound is a risk currency. Decisively, it must be considered that returning to the 1.2600 level will end hopes for the recent rise for a period of time.

Ready to trade our Forex GBP/USD daily analysis and predictions? Here are the best forex trading platforms UK to choose from. 

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9 12, 2024

Nature’s Bounty® Introduces New Plant-Based Omega-3 Supplement

By |2024-12-09T15:29:07+02:00December 9, 2024|Dietary Supplements News, News|0 Comments


A Vegetarian Alternative to Fish Oil, Nature’s Bounty® Plant-Based Omega-3 Goes Straight to the Source – Algae – to Support Heart, Joint, and Skin Health*

BRIDGEWATER, N.J., Dec. 9, 2024 /PRNewswire/ — Nature’s Bounty®, a leader in scientifically-backed vitamin and nutritional supplements, today introduced its new Plant-Based Omega-3 dietary supplement. A vegetarian alternative to traditional fish oil, Nature’s Bounty Plant-Based Omega-3 supplement goes straight to the source of EPA and DHA omega-3s – algae – to deliver health benefits.* Algae is a plant-based producer of these healthy fats. The new Nature’s Bounty Plant-Based Omega-3 features 1,000 mg of vegetarian algae oil to support heart, joint, and skin health.* The new dietary supplement is available now at major retailers, including Amazon, CVS, Walgreens, Publix, and Kroger.




One softgel per day of Nature’s Bounty’s Plant-Based Omega-3 supplement contains 520 mg of total omega-3 fatty acids with 510 mg of EPA (Eicosapentaenoic Acid) and DHA (Docosahexaenoic Acid) omega-3s to promote heart health and support healthy skin and joints.* Supportive but not conclusive research shows that consumption of EPA and DHA omega-3 fatty acids may reduce the risk of coronary heart disease.†






One softgel per day of Nature’s Bounty’s Plant-Based Omega-3 supplement contains 520 mg of total omega-3 fatty acids with 510 mg of EPA (Eicosapentaenoic Acid) and DHA (Docosahexaenoic Acid) omega-3s to promote heart health and support healthy skin and joints.* Supportive but not conclusive research shows that consumption of EPA and DHA omega-3 fatty acids may reduce the risk of coronary heart disease.†

“We’re excited to launch our new Plant-Based Omega-3 supplement, which brings the health benefits of fish oil to consumers in a vegetarian offering,” said Donna Olufade, Director of Marketing, the Nature’s Bounty® brand. “Many people don’t realize that fish are rich sources of omega-3s because of the algae in their food chain. We went straight to the source – algae – to develop our new Plant-Based Omega-3 supplement to support consumers who prefer a vegetarian diet or plant-based ingredients.”

One softgel per day of Nature’s Bounty’s Plant-Based Omega-3 supplement contains 520 mg of total omega-3 fatty acids with 510 mg of EPA (Eicosapentaenoic Acid) and DHA (Docosahexaenoic Acid) omega-3s to promote heart health and support healthy skin and joints.* Supportive but not conclusive research shows that consumption of EPA and DHA omega-3 fatty acids may reduce the risk of coronary heart disease.†

To learn more about Nature’s Bounty®, please visit www.naturesbounty.com.

About Nature’s Bounty®
For more than 50 years, Nature’s Bounty® has been focused on enhancing the health and wellness of peoples’ lives. Nature’s Bounty® vitamin and nutritional supplements are overseen by scientists, manufacturing specialists, and quality experts, each one dedicated to maintaining high quality standards. We only use ingredients from suppliers that meet our stringent Quality Assurance Standards, as well as GMP supplement quality standards. By combining the latest breakthroughs in nutritional science with great ingredients, we’re proud to provide consumers with supplements of outstanding quality and value. For more information, please visit www.naturesbounty.com and follow us on Facebook and Instagram.

*This statement has not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease.

†One serving of algal oil provides 510mg of EPA and DHA Omega-3 Fatty Acids. See nutrition information for total fat content.

Media Contact
Andrea Martin
Nature’s Bounty®
[email protected]

SOURCE Nature’s Bounty

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9 12, 2024

Cardano Price Prediction: ADA new all-time highs in 2025 and can next-gen altcoins keep surging?

By |2024-12-09T15:25:12+02:00December 9, 2024|Crypto News, News|0 Comments

Cardano (ADA) has once again attracted the crypto spotlight with its latest historical feat. Hydra—Cardano’s layer-2 scaling solution—has notably outperformed Visa by successfully performing 2 billion transactions in just four hours.

This marks a huge achievement for Cardano, not only showcasing ADA’s innovative prowess but also strengthening its position in the DeFi space.

Meanwhile, rising altcoin JetBolt (JBOLT) is creating a loud buzz among crypto insiders with its zero-gas technology and other Web3 innovations. JetBolt’s presale has soared to over 100 million tokens sold already.

With Hydra’s remarkable success, could Cardano continue its upward trajectory towards setting new all-time highs in 2025? Or could JetBolt’s rising momentum be the catalyst for other next-gen altcoins to keep surging in the exciting days ahead? Let’s explore further.

Cardano Price Prediction: Is ADA ready to set new all-time highs in 2025? 

In November, ADA surged to its highest level since April 2024 when murmurs circulated that Cardano’s co-founder, Charles Hoskins, would be helping reshape cryptocurrency policies in the U.S. under the Trump administration.

7-day Price chart of Cardano as per data from Coingecko website

Adding to this momentum, Cardano’s layer-2 scaling solution, Hydra, recently processed 2 billion transactions in just four hours, surpassing Visa’s daily volume. This historic achievement underscores Cardano’s technical prowess and solidifies its position as a strong contender in the DeFi space.

Currently trading at $1.19, Cardano has skyrocketed by an impressive 231.9% over the last 30 days, making ADA one of the heavy gainers among the top 10 biggest coins. However, analysts suggest that whales seem to have calmed down for now after accumulating ADA in November.

The outlook for ADA remains optimistic, as reflected by its EMA lines, with short-term averages still above long-term ones. Analysts predict that if buying pressure holds, ADA could break through the $1.32 resistance level, with a potential further push to $1.40—a price ADA has not seen since 2022, and one that could trigger ADA’s climb to new highs in 2025

JetBolt: Surging in the Web3 space with zero-gas technology

While Cardano strengthens its position, a young altcoin continues to gain traction in the Web3 space preparing the way for 2025: JetBolt (JBOLT). 

JetBolt’s zero-gas technology, which eliminates gas fees, is a fresh and innovative breakthrough that delivers practical benefits for both everyday users and developers. This feature enables users to make blockchain transactions minus the frustration over hefty gas costs, while empowering developers to more cost-efficiently work on decentralized applications (dApps).

JetBolt also offers an intuitive Web3 wallet with advanced integrations like the WebAuthN protocol and face ID recognition, enabling easy access to and management of JetBolt tokens for both new and experienced crypto enthusiasts.

As a next-generation innovation, JetBolt boasts an AI-powered insights tool that curates the latest market news and crypto insights to keep users informed of key developments in the rapidly changing crypto environment.

Moreover, JetBolt’s advanced staking system has a unique social element—allowing users to enhance their rewards by connecting with friends on the platform. This feature not only boosts their earnings but enriches the staking activity by making it a fun and collaborative experience.

Early adopters are also rewarded with presale bonus of up to 25% extra tokens when they avail of JetBolt’s special Alpha Boxes or token batch packages.

It’s no surprise then that JetBolt’s presale has already sold over 100 million tokens, pointing to a growing interest from whales in this next-gen altcoin. With blockchain innovation at the core of its rising momentum, JetBolt is rapidly becoming a revolutionary altcoin that could continue surging in the crypto space.

Cardano Price Prediction: ADA new all-time highs in 2025 and can next-gen altcoins keep surging?

Final Thoughts: Will Cardano reach new all-time highs in 2025 as next-gen altcoins surge?

The crypto market is open and ripe with exciting opportunities for all. Cardano is seizing every opportunity to pursue innovations and developments that will solidify ADA’s position in the fast-changing crypto economy, with the goal of staying relevant and focused on reaching new highs in 2025. Meanwhile, young altcoin JetBolt’s notable rise in the crypto space could signal a new era in Web3. Equipped with zero-gas technology and other next generation solutions with real-world impact, JetBolt is all geared up to keep charging ahead as the crypto world ushers into the year 2025.

Uncover JetBolt’s unique features today:

This article does not contain any financial advice or recommendations. All digital assets, coins, tokens are risky. Readers should conduct their own research prior to making a cryptocurrency decision. 

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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9 12, 2024

WTI Crude Oil Forecast Today 09/12: Tests Key Range (Video)

By |2024-12-09T14:48:06+02:00December 9, 2024|Forex News, News|0 Comments


  • The US oil market drifted a bit lower during the trading session on Friday, losing a little over a percent almost immediately.
  • That being said, the market is likely to continue to see a lot of noise near the $67 level.
  • But if we break down below there, it’s likely that we could drop to the $65 level.

All things being equal, this is a market that I think if you see some type of bounce, you have to look at it as a short-term buying opportunity. The 50-day EMA is near the $70 level, and that of course is an area that I think would attract a lot of attention in and of itself, just due to the fact that it is such a big round hole number.

On a Move Above

 

If we can break above there, then the crude oil market is likely to go looking to the $72.50 level above, which is a significant barrier also. If we were to break down below the $65 level, it’s likely that the bottom will fall out. But as things stand right now, I think what you’ve got here is a market that is just simply trying to hang on to the range that it’s been in for about three years.

The $65 level has been consistently important, so I like the idea of buying the pullback. Once we get a turnaround, perhaps a little bit of a balance in order to form a V on the chart, as it were. Whether or not we break out to the upside would be a completely different question, but as things stand right now, I think the market is just simply hanging around, killing time, seeing if it can find a reason to go higher. At this juncture, if you can watch the charts for short term trades, this is a market for you.

Ready to trade the daily crude oil Forex forecast? Here’s a list of some of the best Oil trading platforms to check out. 



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9 12, 2024

EUR/USD Outlook: Fed Rate Cut Odds Boost Euro

By |2024-12-09T13:30:12+02:00December 9, 2024|Forex News, News|0 Comments

  • US employers added 224,000 new workers in November.
  • Markets raised the likelihood of a 25-bps December Fed rate cut from 70% to 85%.
  • Traders await the US CPI report for more clues on Fed rate cuts.

The EUR/USD outlook shows some strength in the euro as the dollar drops due to increasing bets for a December Fed rate cut. Meanwhile, traders remained cautious ahead of key US inflation data that will continue shaping the outlook for US monetary policy. 

-If you are interested in Islamic forex brokers, check our detailed guide-

The greenback fluctuated on Friday when data showed a mixed picture of the US labor sector. Employers added 224,000 new workers in November, beating forecasts. This surge in job growth initially boosted the dollar. However, the unemployment rate rose from 4.1% to 4.2%, signaling cracks in the labor market. As a result, markets raised the likelihood of a 25-bps December Fed rate cut from 70% to 85%, weighing on the dollar. 

Meanwhile, the euro remained vulnerable ahead of the ECB meeting. At the same time, fears of likely US tariffs have kept downward pressure on the currency. 

A Reuters poll showed that most economists expect the European Central Bank to lower borrowing costs by 25-bps in December. At the same time, they expect 100-bps of cuts by the end of next year. 

Meanwhile, traders await the US CPI report for more clues on Fed rate cuts.  

EUR/USD key events today

Neither the US nor the Eurozone will release any key reports today. Therefore, the pair might remain in consolidation ahead of a busy week.

EUR/USD technical outlook: Bulls challenge the 1.0601 resistance

EUR/USD Outlook: Fed Rate Cut Odds Boost Euro
EUR/USD 4-hour chart

On the technical side, the EUR/USD price is trading in a range between the 1.0400 support level and the 1.0601 resistance level. This sideways move came after a downtrend that weakened at the 1.0400 support level. The range is a shallow corrective move that might end to allow the downtrend to continue. Therefore, bulls might find it difficult to breach the 1.0601 resistance level. Meanwhile, a break below the 1.0400 support level would signal a continuation of the downtrend. 

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On the other hand, if bears are not strong enough to continue pushing EUR/USD lower, it might reverse to start an uptrend. Currently, bulls are pushing the price higher after retesting the 30-SMA support. However, the price must break above the 1.0601 resistance level to make higher highs and lows.

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9 12, 2024

7 places for your matcha needs in Hong Kong, from drinks to ice cream to cake and more

By |2024-12-09T13:28:12+02:00December 9, 2024|Dietary Supplements News, News|0 Comments


Matcha’s new-found fame on TikTok and Instagram, coupled with a surge in tourism to Japan, has led to an unexpected shortage of the beloved powdered green tea. Several matcha stores in Japan have temporarily suspended sales, imposed purchase limits or increased the prices of their products.

Fortunately, if you live in Hong Kong you do not have to travel far for the finely ground green tea powder. The city has a variety of places that serve matcha. Here are some of our top picks.

1. Matchali

Founded in 2020 by cousins Cara and Laura Li – hence the name of the store – Matchali is touted as Hong Kong’s first home-grown matcha brand. As matcha aficionados themselves, the Li cousins source their matcha directly from a fifth-generation tea farm in Uji, Kyoto, the world’s matcha capital.

On top of classics such as matcha latte and dirty matcha, the cafe also offers unique matcha beverages with a twist, such as yuzu lemonade matcha, matcha beer and cocktails, and a limited edition peppermint matcha latte for the festive season.

G/F, 5 Moon Street, Wan Chai

2. Tealosophy Tea Bar



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9 12, 2024

New Price Analysis Claims XRP To Hit $8, Here’s How?

By |2024-12-09T13:24:18+02:00December 9, 2024|Crypto News, News|0 Comments

Ripple (XRP) is currently one of the most promising crypto coins on the market. The token invites a massive influx of investor and crypto whale attention, indicative of its underlying potential and ability to soar past higher price marks. As XRP hovers around the $2 price mark, one analyst shared how the token can soar past $7 to claim the $8 mark.

Also Read: Cardano ADA: Whales Buying in as Analysts Predict 165% Surge

Ripple Analysis: Can It Claim $8? Analyst Says Yes

New Price Analysis Claims XRP To Hit , Here’s How?
Source – Ajaib Kripto

Ripple is currently one of the most intriguing cryptocurrencies that have attracted a huge influx of investor attention. The token is currently sitting at $2.49, waiting to claim a new high of $3 very soon. In an interesting new development, crypto whales are actively pursuing the tokens that have made the most out of the XRPs recent price dip. The token has recently dipped to hit the $2.22 mark, which compelled massive crypto whales to scoop up a sizable amount of Ripple, amounting to $288 million.

“While $XRP dropped from $2.90 to $2.22, whales bought the dip. They purchased over 120 million #XRP, totaling $288 million!”

https://twitter.com/ali_charts/status/1865339497350647893

As per Ali, a noteworthy cryptocurrency analyst on X, XRP is currently breaking out from a multiyear triangle, which could catapult its price to surge as high as hitting the $8 price spot.

Also Read: Ripple (XRP) May Be Bound for $4 in 2025, But When?

“To some, $XRP looks overbought! To me, it looks undervalued after breaking out of this massive multi-year symmetrical triangle. Conservative target = $8.40. Optimistic target = $48.12.”

https://twitter.com/ali_charts/status/1865720166514040862

Ali took his prediction up a notch, even adding how the current triangle breakout could even help XRP claim the highly ambitious $48 price mark, provided the momentum allows the token to soar even higher.

Technical Analysis for Ripple

Per CoinCodex, a notable cryptocurrency analytics platform, XRP is on track to stabilize around $2.02 by the end of the year 2024.

“According to our current XRP price prediction. The price of XRP is predicted to drop by -16.71% and reach $ 2.08 by January 8, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 79 (extreme greed). XRP recorded 19/30 (63%) green days with 44.90% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”

The token may, however, hit a new price mark of $3 by April 2025.

Also Read: Cryptocurrency: Top 3 Coins Investors Must Own For Over The Top Gains



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