Bitcoin: All-time highs in sight, this time without the hype
In these unprecedented times, it’s oddly reassuring to see something …precedented… happening in global markets.
Defying hundreds of obituaries, bitcoin has risen from the ashes to approach record highs again, mirroring 2017 when countless millennials convinced their uncles to buy cryptoassets over the Thanksgiving table in advance of a blowoff top by Christmas. As the chart below shows, bitcoin’s price is notably higher than it was at this time three years ago…
Ripple Price Prediction: XRP shows convincing setup for a rally towards $0.5
After closing the previous five days in positive territory and testing its highest level since mid-August at $0.3085, XRP staged a technical correction on November 18. The bearish momentum saw it lose more than 6% in value, dropping to a low of $0.2832.
Uniswap Price Prediction: UNI is on the verge of a drop to $3 as support fails to hold
On Sunday, November 15, Uniswap price climbed to the highest level it has been over the past two months. But as a new weekly trading session, it reversed its direction, losing more than 7%. Despite the significant losses incurred, UNI price sits on top of stable support that may keep falling prices at bay.
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Bitcoin consolidates after a new all-time high of $99,500
Bitcoin remains strong above $97,700 after reaching a record high of $99,588. At the same time, Ethereum (ETH) edges closer to breaking its weekly resistance, signaling potential gains. Ripple holds steady at a critical support level, hinting at continued upward momentum.
Sandbox hits fresh yearly high as on-chain metrics reach record highs
The Sandbox continued its rally and hit a fresh yearly high of $0.8680 in the early Asian session on Monday after surging over 121% last week. However, at the time of writing, SAND retraces and stabilizes around $0.7600.
Why is Dogecoin price down today?
Dogecoin (DOGE $0.4243) is retreating after reaching its highest levels since May 2021, suggesting a growing profit-taking sentiment among traders following Donald Trump’s win.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: Rally expected to continue as BTC nears $100K
Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week. This bullish momentum was supported by the rising Bitcoin spot Exchange Traded Funds (ETF), which accounted for over $2.8 billion inflow until Thursday. BlackRock and Grayscale’s recent launch of the Bitcoin ETF options also fueled the rally this week.
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