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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

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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9 12, 2024

Dogecoin (Doge) & Pepe Price Prediction For Mid-December 2024

By |2024-12-09T11:23:11+02:00December 9, 2024|Crypto News, News|0 Comments

Lately, the cryptocurrency market has been experiencing some transformative coin phases. For instance, Bitcoin has evolved considerably and hit the $100K mark while showing signs of a possible surge to $114K, as predicted by many cryptocurrency analytics portals. At the same time, coins like Pepe and Dogecoin (Doge) also show signs of progression, making them compelling for investors to explore. But the real question is, how high can they both surge this mid-December 2024?

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

Dogecoin Price Forecast (Mid-December)

Dogecoin (Doge) & Pepe Price Prediction For Mid-December 2024
Source – CNBC

Dogecoin is currently one of the most trending coin tokens to invest in. Doge is rallying high primarily due to its close association with Musk and the fact that the token has inspired the name of Musk’s official Department Of Government Efficiency, or DOGE. At the same time, the rumor mill is hinting at Musk announcing Doge payments for X very soon, which is yet to be officially confirmed but has bolstered the token’s progress up a notch.

Dogecoin is also gaining incredible strength due to the current bullish prospects of the market. At press time, the token is sitting at $0.45 and is up by 124% in the last one month.

Per CoinCodex, Dogecoin may note a slight price dip around December 20, helping the token stabilize around the $0.42 price mark.

Image: CoinCodex

Per CC, the token will continue to hover around the $0.42 price level and may end the month while sitting at this very stable price spot.

Image: CoinCodex

“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -5.41% and reach $ 0.42746 by January 8, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 79 (extreme greed). Dogecoin recorded 20/30 (67%) green days with 13.91% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”

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

Pepe Price Prediction

PEPEPEPE
Source -CoinGape

Pepe is another promising cryptocurrency meme coin that has been gaining significant price upticks as of late. The token has noted price surges worth 149% in the last month, pushing the token to sit at the $0.00002656 price level.

Per Santiment, Pepe has lately been receiving significant attention from investors keen on exploring the token alongside popular meme coins like Dogecoin, DogWifHat, and BONK.

“Meme coins are quietly having more mini breakouts this weekend. For coins like Dogecoin, Pepe, Dogwifhat, and Bonk, the larger wallets could continue to pump market caps longer until retail FOMO returns. Once the crowd catches the wind and gets greedy, the larger wallets sell, and prices generally retrace shortly after.”

https://twitter.com/santimentfeed/status/1865621956399153273

Per CoinCodex, Pepe may note a significant price surge of $0.00003977 by 20th December 2024.

Image: CoinCodex

At the same time, the token may note a significant price surge of 223% by the end of December 2024.

Image: CoinCodex

“According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 223.19% and reach $0.00008424 by January 7, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 79 (extreme greed). Pepe Coin recorded 16/30 (53%) green days with 18.15% price volatility over the last 30 days. Based on the Pepe Coin forecast, it’s now a good time to buy Pepe Coin.”

Also Read: VeChain: 200% Rally Has VET Eyeing Yearly High in December



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9 12, 2024

Key Highlights from Ripple CEO’s “60 Minutes” Interview

By |2024-12-09T09:22:17+02:00December 9, 2024|Crypto News, News|0 Comments

During his much-anticipated appearance on the “60 Minutes” program, Ripple CEO Brad Garlinghouse stated that the cryptocurrency industry was not seeking to get deregulated. 

“We haven’t been asking to be deregulated. We’ve been asking to be regulated,” Garlinghouse told host Margaret Brennan.

According to the Ripple boss, the cryptocurrency industry was simply asking for “clear rules of the road.”

Garlinghouse recalled the FIT 21 bill, which aims to create a new regulatory framework for digital assets. The legislation was passed by the US House of Representatives back in May. 

The “60 Minutes” episode also featured former SEC official John Reed Stark. During the interview, the famous critic of the industry described crypto as a “scourge.”

“Crypto is a scourge. It’s not something that you want in your society. It’s just pure speculation. There’s no balance sheet to crypto. There’s no financial statements,” Stark said.  

The ex-SEC official also cryptocurrencies were securities. “I’ve read every case. I’ve read every motion. And judges have said over and over again that they are securities,” he said.     

In turn, the Ripple CEO reiterated that existing securities laws are not suitable for the novel technology. 

While commenting on his interview, Garlinghouse claimed that “60 Minutes” “shockingly left out” the part about XRP not being a security. The Ripple head also slammed Stark as a Genser “shill” in response to the latter’s anti-crypto comments. 

The price of the XRP token is down nearly 3% over the past 24 hours. Earlier this month, it reached a multi-year peak of $2.82. 

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9 12, 2024

Can DogeCoin Reach $1 By The End of 2024?

By |2024-12-09T07:20:46+02:00December 9, 2024|Crypto News, News|0 Comments

While everyone has an opinion about meme coins, there is no denying that meme coins are the hottest narrative in the crypto market. And the most popular meme coin of all time is DOGE. Can DOGE Reach $1 by the end of 2024?

One of the most popular meme coins right now is Dogecoin (DOGE). We know this from positive current metrics and the millions of Dogecoins fans all around the world.

The crypto bull run is in full swing, a huge alt season is just around the corner and meme coins are becoming the hottest commodity. That means one thing. DOGE is on target to reach $1 value by the end of this year. I think things look good for Dogecoin, but is this goal realistic? Can Dogecoin really hit $1? 

Let’s find out!

What’s so special about Doge?

In 2013, Dogecoin was born as a joke, a playful nod to the internet’s love of memes and Bitcoin’s soaring popularity. Created by software engineers Billy Markus and Jackson Palmer, Dogecoin embraced the famous “Doge” meme featuring a Shiba Inu dog with Comic Sans captions like “such wow” and “much currency.” While other cryptocurrencies aimed for revolution, Dogecoin leaned into fun, branding itself as the friendly and approachable meme coin.

What began as an internet joke took a surprising turn in 2021, thanks to endorsements from high-profile figures like Elon Musk, who dubbed it “the people’s crypto.” Dogecoin skyrocketed to mainstream fame, hitting an all-time high market cap of over $85 billion.

Dogecoin is now a cultural icon and a symbol of crypto’s playful side. Powered by an enthusiastic community, it continues to remind us that even a meme can leave a lasting paw print on the world of finance.

Now, Dogecoin is seeing real-world adoption around the world with full support from the crypto industry and the world’s richest man, Elon Musk. Dogecoin is getting the much-needed utility that can will improve its chances in the crypto markets. But will these efforts be enough to push Dogecoin to $1 by the end of the year?

DOGE price prediction

According to some investors, Doge is past its prime and has already hit its value ceiling in 2024. However, others have a more positive outlook and predict DOGE may actually climb as high as $1 in 2025. That’s right, our Dogecoin price prediction is $1, maybe even by the end of this year.

Dogecoin Price is up 7.10% in the last 24 hours. Source: Brave New Coin Dogecoin Market Cap Data

The current price is $0.40. With the incredible surge in trading volume and attention in the last few months (24-hour trading volume of $8,333,837,559 USD), it might be realistic to expect the price to climb to at least $1 by the end of this year.

Can DogeCoin Reach  By The End of 2024?

DOGE community sentiment is strongly bullish according to CoinMarketCap

 

The CFGI Indicator is Neutral, Source CFGI

Dogecoin Outpaces Porsche in Market Capitalization Amid Musk Hype and ETP Buzz

Dogecoin has raced past luxury automaker Porsche in market capitalization, fueled by Elon Musk’s vocal support and speculation around a potential exchange-traded product (ETP) for the memecoin.

The price of Dogecoin DOGE is $0.4036 and has surged 175% in the past month, reaching a staggering $57.8 billion market cap. This leap puts Dogecoin ahead of Porsche, whose market valuation stands at $56.1 billion, according to Brave New Coin data.

The rise underscores Dogecoin’s enduring appeal as both a meme coin and a cultural icon, particularly with Elon Musk’s continued promotion of the token. The possibility of a dedicated Dogecoin ETP has further fueled investor enthusiasm, cementing its position as a heavyweight in the cryptocurrency world.

Musk’s Role in the New “DOGE” Agency Sparks Dogecoin Buzz

Elon Musk’s involvement in launching the Department of Government Efficiency (DOGE), a new agency focused on reducing government spending and simplifying regulations, has ignited fresh excitement among Dogecoin enthusiasts.

The agency’s acronym, which matches the ticker symbol for Dogecoin (DOGE), has led retail investors to speculate that this signals an upcoming Dogecoin rally. The alignment of branding and Musk’s history of championing Dogecoin has fueled renewed enthusiasm in the memecoin’s potential. Doge to a $1 seems more realistic than ever.

Did Elon really name a government department DOGE so he has an excuse to keep talking and tweeting about Doge? It sure looks that way. 

Source: X

Dogecoin to a $1

Meme coins are here to stay. Doge is the Bitcoin of meme coins. Dogecoin is the biggest meme coin. Dogecoin has global brand recognition and the world’s richest man, Elon Musk tweets about Doge every single day.

Doge will hit $1. Dogecoin might reach $1 this year or might be in early 2025. But Doge is going to a dollar. Woof!

Technical analyst and Doge Trader Bluntz wrote that “Doge has been in an upwards sideways running flat correction for two weeks now and plenty of people have gotten bored and moved on to chase the next shiny thing. in reality, the Doge parabola has only just started, no profit taking until Dogecoin hits $1 minimum imo.”

Source: X

 



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9 12, 2024

Cardano (ADA) Price Prediction 2025

By |2024-12-09T05:19:48+02:00December 9, 2024|Crypto News, News|0 Comments

Cardano (ADA) price breakout

ADA has surged from $0.33 to $1.22 in just 30 days, marking a 181.5% increase. While it faced a minor correction in early December, the overall monthly trend remains strongly upward.

Source: TradingView 

 

The last time ADA reached this price was April 2022, though it still lags behind its all-time high of $2.85 in August 2021.

As of today, ADA has outperformed peers like Solana and Ethereum, closing higher on 17 of the past 20 trading days. November 2024 saw a 230% gain for ADA, its best month since August 2021. Futures open interest hit a 40-month high of $1.18 billion on Dec. 3, signaling strong market interest.

According to Santiment, ADA’s recent 25% spike is likely to attract more retail investors.

ADA reached a significant milestone on Nov. 23, surpassing $1 and pushing its market capitalization above $40 billion for the first time in three years. This surge reflects growing confidence among investors and increased trading activity on major exchanges.

Related

915 Million in Open Interest, Cardano Makes Way for Big Leap

Despite ADA’s recent rally and notable recovery, its current price remains significantly below its all-time high of over $2.80.

The broader crypto market downturn that followed severely impacted prices, leaving ADA and other major tokens still working toward reclaiming their previous peaks.

Cardano spot ETFs

After the approval of Bitcoin and Ethereum ETFs, several experts have speculated that ADA, XRP and Solana could be the next cryptocurrencies to receive approval for their own ETFs.

While multiple asset managers have already filed with the SEC for ETFs tied exclusively to Solana and XRP, Cardano has yet to see a similar filing.

This has led to discussions about whether Cardano could follow suit and eventually be included in an ETF, potentially boosting its exposure and legitimacy in the broader market.

Related

 Cardano (ADA) Might Join Spot ETF Race

Cardano blockchain

The Cardano blockchain has demonstrated a robust performance in recent months. A standout achievement includes surpassing 100 million total transactions, as reported by U.Today. These developments underscore Cardano’s growing adoption and investor optimism.

Cardano, an open-source blockchain platform, was designed to overcome the scalability, interoperability and sustainability challenges of earlier technologies like Bitcoin and Ethereum.

It employs a proof-of-stake consensus mechanism and features a layered architecture, separating settlement and computation layers.

Related

Cardano Makes History with First ZK Smart Contract

Recently, Cardano’s Hydra protocol, a Layer 2 scaling solution, achieved 1 million transactions per second (TPS). This milestone reflects the platform’s growing capabilities.

As users increasingly deploy assets and conduct DeFi transactions on Cardano, the demand for ADA rises due to its role in transaction fees and gas payments.

Charles Hoskinson to lead U.S. crypto policy?

Charles Hoskinson, founder of Cardano, has announced the establishment of a policy office within Input Output to engage in cryptocurrency policy development in the U.S.

In a video shared on X, Hoskinson emphasized his commitment to working closely with lawmakers, administration officials and industry leaders in Washington, D.C., to shape favorable crypto regulations.

“I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate crypto policy alongside other key leaders in the industry,” Hoskinson said.

In a parallel development, the Cardano ecosystem marked a significant milestone with the adoption of the first draft of the Cardano Constitution during the Constitutional Convention held in Buenos Aires, Argentina, on Dec. 5-6, 2024.

The event brought together Cardano enthusiasts, developers, researchers, investors and community members from around the world.

Related

Cardano Constitution Finally Accepted: What to Know

The constitution establishes a framework of “provisions and guardrails” designed to guide Cardano’s long-term evolution and governance, reflecting its decentralized ethos.

Cardano versus Bitcoin

Charles Hoskinson has recently predicted in a YouTube appearance that Bitcoin could soar to $250,000-$500,000 within the next 12 to 24 months, driven by substantial investment inflows and increasing institutional interest.

Hoskinson highlighted the potential ripple effects on the broader crypto market. Bitcoin’s rise to record highs could trigger a domino effect, lifting Cardano (ADA) and other cryptocurrencies alongside it.

This optimistic outlook is supported by the strong correlation between Bitcoin and other digital assets, including ADA, which currently stands at 0.87, according to data from IntoTheBlock.

Article image
Source: IntoTheBlock

Furthermore, the rising interest in decentralized finance (DeFi) within the Bitcoin ecosystem may create synergies for Cardano. As Cardano continues to evolve, its focus on scalability, sustainability and a developer-friendly environment positions it to attract innovative projects and developers eager to build cutting-edge solutions.

This alignment of Bitcoin-driven market momentum and Cardano’s ongoing platform advancements could amplify the growth and adoption of both ecosystems.

Can Cardano crash again?

Cardano’s Total Value Locked (TVL) across DeFi applications surged dramatically in December 2024, climbing from $230 million to over $705 million in just a month.

Investor confidence in Cardano remains high, with CoinGlass reporting significant ADA outflows from exchanges, totaling $98.37 million, as holders move their assets to private wallets. 

The number of large transaction has also experienced a major spike in December.

Article image
Source: IntoTheBlock

Additionally, IntoTheBlock data highlights a sharp increase in whale addresses holding 10 million to 100 million ADA during November, suggesting substantial accumulation by large players.

Article image
Source: IntoTheBlock

This momentum has pushed ADA’s price above the $1.30 psychological level, with large holders anticipating further gains.

Overall, on-chain data does not currently signal a likelihood of ADA declining below $1, reinforcing optimism in the asset’s upward trajectory.

Price forecast: How high can Cardano go?

An X user, in response to the veteran trader, recalled his prediction in 2021, in which Brandt predicted that ADA would dip to $0.10. But instead, it went ahead to set all-time highs of nearly $3.

Related

Peter Brandt Says He Won't Short ADA as Price Reaches Critical Juncture

Cardano’s (ADA) technical and market indicators suggest a cautiously optimistic outlook.

     Contracts dominate at 88.57% of ADA holdings, representing $37 billion, indicating strong profitability among holders.

  • ADA: OutTheMoney

    Contracts are at 3.62% ($1.53 billion ADA), while AtTheMoney Contracts comprise 7.81% ($3.29 billion ADA), reflecting a market poised for potential upward movement.

Article image
Source: IntoTheBlock

Bollinger Bands show widening, signaling heightened buying momentum. MACD shows a bullish crossover, with the MACD line crossing above the signal line, indicating upward momentum.

RSI at around 50 points to neutral momentum, with room for ADA to rise further before entering overbought territory.

Article image
Source: Investing.com

Dan Gambardello, the founder of Crypto Capital Venture, has speculated that Cardano could surge to $3 if it were to receive favorable news, such as an exchange-traded fund (ETF) approval similar to the one XRP recently achieved.

Gambardello based his analysis on consistent patterns from previous market cycles and recent advancements in Cardano’s technology.

This could potentially drive a significant price rally, as institutional interest often follows such developments, boosting the token’s legitimacy and market confidence.

Based on Cryptorank data, ADA could reach an average growth rate of 66.8% for December, providing a generally bullish month for the coin.

Article image
Source: Cryptorank

Using the Fibonacci indicator, some analysts suggest that the next major target could be above $2.4, which corresponds to the 1.618 Fibonacci level. If this level is breached, the 2.618 Fibonacci level at $8.30 might be the next key target.

Prominent analyst Ali Martinez thinks that the Cardano price is following a pattern similar to its 2020 performance.

Article image
Source: Ali/X

If history repeats, the ADA price might potentially hit $6, according to Martinez.

Most analysts don’t see the ADA price gaining double-digit growth during this cycle. The $10 mark remains a long-term target. However, surpassing the ATH in 2025, trading above $3 seems realistic at this point.



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9 12, 2024

XRP price prediction – What to expect if $2.3 support holds 

By |2024-12-09T03:19:11+02:00December 9, 2024|Crypto News, News|0 Comments

  • XRP was up nearly 30% in December but consolidated above $2.3. 
  • Here’s what could happen before XRP eyes $3 or 2021 highs.

After a 280% upswing in November, Ripple [XRP] extended the uptrend in early December with an extra 30% to $2.9. 

But the altcoin’s rally has slightly cooled off in the past few days, marking $2.3 as a crucial short-term support.  What are the possible scenarios for the XRP price after the cool-off? 

XRP’s next moves

Source: XRP/USDT, TradingView

On the lower timeframe chart, XRP has defended the $2.3 support since December 2nd. If the short-term support holds, XRP could retarget the recent high of $2.9 or blast above $3 to the 2021 cycle top of $3.3. 

The RSI reading on the 4-hour chart supported the above scenario. It defended the neutral 50 mark, reinforcing that demand was substantial for the altcoin. 

However, there weren’t strong short-term capital inflows to confirm the bullish bias, as illustrated by the neutral reading on CMF (Chaikin Money Flow).

A decisive move above the median mark could reinforce XRP’s odds of eyeing $3 or 2021 highs. 

That said, XRP’s market structure was still solid based on the higher timeframe charts.

On the weekly charts, price momentum was strong (yellow line above 20), with buyers (green) having the upper hand as shown by the DMI (Directional Movement Index). 

XRPXRP price prediction – What to expect if .3 support holds 

Source: XRP/USDT, TradingView

However, a crack below $2.3 could probably push XRP to the next support and Golden ratio at $1.5. 

Liquidation heatmap insights

According to Coinglass liquidation heatmap data, there were pockets of liquidity on either side of the price action.

On the upper side, leveraged shorts piled above $2.6 (bright orange levels).

On the contrary, the lower-side liquidity at $2.53 was recently tapped.

But market makers hadn’t tapped other lower liquidity levels at $2.45 and $2.38. If so, leveraged longs at these levels could be liquidated before XRP pushes forward.  

XRPXRP

Source: Coinglass


Read Ripple [XRP] Price Prediction 2024-2025


So, driven by liquidity sweep, the XRP price could slide to $2.45 or $2.38 before eying upper targets above $2.6.

However, since $2.3 doubled as short-term support, a decisive move lower could dent the short-term bullish outlook. 

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

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9 12, 2024

Solana Price Prediction: Can SOL Outperform Ethereum By 2025? Or Will New DeFi Token Beat Both? 

By |2024-12-09T01:18:08+02:00December 9, 2024|Crypto News, News|0 Comments

Solana and Ethereum have been locked in a race to become the king of altcoins, and while the latter has traditionally held this crown, Solana is gradually becoming a formidable rival on all fronts. However, analysts say that new viral DeFi token Yeti Ouro (YETIO) could beat both in 2025.

Solana Vs Ethereum

Years ago, a new crop of blockchain networks emerged that came with native smart contract functionality and whose aim was to dislodge Ethereum as the king of the altcoins. However, none of them even came close and over the years, some have lost most of their appeal. 

Solana remains as one of the few that have stood the test of time, and today, it’s once again competing at the highest level with Ethereum in powering memecoins, decentralized exchanges, DeFi, NFTs and more. 

In October, Solana DEXes overtook Ethereum DEXes on the volume charts for the first time ever, signaling a titanic shift in the decentralized world. It wasn’t the last time Solana would notch a victory over its key rival as weeks later, its daily revenue beat Ethereum for the first time. In keeping with the theme, Solana also beat Ethereum by a massive gap in the number of tokens issued this year, with the rise of Solana-based memecoins playing a significant role in this rise. Solana memecoins like Dogwifhat, Bonk and Popcat have been this year’s best performers.

While Ethereum has lost its lead on some fronts, it’s still massively bigger than Solana on the price charts. With a market cap of $470 billion, Ether is over four times larger than SOL. However, SOL has been the better performer this year, gaining 130% to hit a new all-time high in the November bull rally. Ethereum price only gained 70%, failing to impress as most of its rivals mooned.

It could get better for Solana price in the coming year. Many believe that the Trump administration will approve a SOL spot ETF once the Republican takes over, which would be a massive victory for the token. Ether already has its spot ETFs factored into its price.

Could Yeti Ouro Beat Both Ethereum And Solana In 2025?

As Solana and Ethereum battle it out, investors are turning to a new altcoin that they believe could edge both out in 2025.

Yeti Ouro has been receiving high interest in the past few weeks, pushing its presale to new heights. The project has raised over $970,000, selling 80 million tokens to investors at the discounted price of $0.012.

Yeti Ouro is built around Yeti Go, a new play-to-earn game built by gaming developers who have been behind successes such as Spiderman and Call of Duty. The game allows players to compete on a racing track for a reward, paid out in YETIO. The token also powers all the other payments in the ecosystem, including purchasing weapons to give players an edge on the track.

Yeti Ouro has capped its supply at one billion tokens, with 5% going to the token-burning mechanism. The deflationary dynamic, coupled with the perpetual utility of YETIO on the Yeti Go game make Yeti Ouro one of the best projects to invest in for maximum gains.

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Website: https://yetiouro.io/

X (Formerly Twitter): https://x.com/yetiouro

Telegram: https://t.me/yetiouroofficialDiscord: https://discord.gg/YtUsEZ2ZrV



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8 12, 2024

Dogecoin Price Prediction: Wall Street Genius With $760 Million In Profit Calls For Surge To $10 For DOGE And This Cheap $0.01 AI Altcoin

By |2024-12-08T21:14:47+02:00December 8, 2024|Crypto News, News|0 Comments

A stunningly rich Wall Street genius has made predictions for the Dogecoin price and one other AI altcoin, WallitIQ (WLTQ). This man, who has about $760 million in profit, foretells that the Dogecoin price will surge to $10. What’s even more surprising is that he predicts that the cheap $0.01 AI altcoin, WallitIQ (WLTQ), will also surge to that same price, $10. This genius’ prediction has left investors in awe as he presents solid reasons for the incoming surge. 

Cheap AI Altcoin Will Rise To $10 Along With The Dogecoin Price 

According to the Wall Street genius, investors can expect a $10 surge in the Dogecoin price. He explains that the Dogecoin price, currently selling at $0.4, may skyrocket to $10 by next year. 

This will be a repeat of history, as the Dogecoin price is known to surge at the end of every 4-year cycle. The last Dogecoin price surge occurred in 2021; therefore, the Wall Street genius says investors may see another in 2025. 

He adds, however, that the Dogecoin price will not be the only one to hit $10 this time. An AI altcoin named WallitIQ (WLTQ) is also set to surge to $10 and may even reach this mark before the Dogecoin price. 

The Wall Street genius mentions that the WallitIQ (WLTQ) presale is already making explosive moves. In just a few days, over 105 million WallitIQ (WLTQ) tokens have been sold. The project has raised over $1.8 million, kickstarting its second presale stage.  

With this, the Wall Street genius says the WallitIQ (WLTQ) price is already set to rise from the current $0.024, instantly giving early investors over 40% interest. Therefore, a $10 surge will be very easy for this AI altcoin. 

The Wall Street genius adds that WallitIQ (WLTQ) is showing signs of generating about $5m monthly revenue in the near future. With powerful features such as the opportunity to trade over 1,000 cryptocurrencies right on the platform, this AI altcoin stands out as special. 

The Wall Street millionaire says that WallitIQ (WLTQ) will take over the $700 billion crypto wallet and AI market before investors know it. With the ongoing rapid adoption, he predicts that the current WallitIQ (WLTQ) bullish stage will be sold out in a few days. 

He advises investors who are lucky to find this update to act immediately and join the WallitIQ (WLTQ) presale for $0.024 only. 

WallitIQ (WLTQ) Will Bring Crypto-Transforming Features 

The Wall Street genius remarks that WallitIQ (WLTQ) presents innovative solutions to the biggest problems faced by crypto traders today. This platform makes crypto wallets extra secure with tools like Escrow-connect and AI behavioral analysis. 

He adds that WallitIQ (WLTQ) has reassured users by completing its smart contract audit with SolidProof, a trusted smart contract auditing firm in the crypto market.

Additionally, this AI altcoin platform is set to create a crypto world where users find it easy to manage their portfolios. To that end, it features portfolio performance tracking and risk management tools. 

WallitIQ (WLTQ) offers users extra help by featuring educational resources to help them learn about trading. Then, there’s the AI chatbot, which provides 24/7 top-notch support services for investors. 

To cap it all, WallitIQ (WLTQ) is well-designed to help investors maximize their earnings. Users will enjoy high annual yields of up to 180%, token staking rewards, community rewards, and reserved airdrops. With these features, the Wall Street genius says no WallitIQ (WLTQ) early investors will be left without mouth-watering gains. 

Conclusion 

The Wall Street genius has presented convincing evidence that the AI altcoin, WallitIQ (WLTQ), will surge to $10 and bring unexplainable gains to investors. While the Dogecoin price is promising, WallitIQ’s (WLTQ) cheap presale price makes it more profitable. 

Therefore, investors should make the life-changing move of joining the WallitIQ (WLTQ) presale now for $0.024 only. If they do, they could benefit from the explosive gains right ahead. So, hurry up and purchase the WallitIQ (WLTQ) altcoin now. 

Join the WallitIQ (WLTQ) presale and community: 

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8 12, 2024

Cardano (ADA) Price Prediction for December 8

By |2024-12-08T19:13:42+02:00December 8, 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.

Sellers are becoming more powerful at the end of the week, according to CoinMarketCap.

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Top coins by CoinMarketCap

ADA/USD

The rate of Cardano (ADA) has dropped by 0.40% since yesterday. Over the last week, the price has risen by 12.69%.

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Image by TradingView

On the hourly chart, the price of ADA is closer to the resistance level than to the support.

Related

Bitcoin (BTC) Price Prediction for December 6

If a breakout of the upper line happens, the growth may continue to the $1.22-$1.23 range by tomorrow.

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A similar picture is on the daily time frame. If the rate reaches the resistance of $1.2424 and the bar closes around it, the accumulated energy might be enough for a test of the $1.30 area soon.

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Image by TradingView

From the midterm point of view, traders should pay attention to the weekly bar closure in terms of the $1.1542 level. If the candle closes above, bulls remain more powerful than bears.

ADA is trading at $1.2109 at press time.

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