Bitcoin’s price has dropped below $97,000 USDT and is currently trading at $96,957, down 6.43% in the last 24 hours. The overall market is feeling pretty bearish, with most major cryptos following suit. Ethereum is also in the red, and altcoins like Solana and Cardano have seen significant dips too.

It’s one of those days where the entire market seems to be pulling back, likely due to a mix of negative sentiment and broader economic uncertainty. If you’re in the market, it’s a good time to stay cautious and keep tabs on how things evolve. Classic crypto volatility at work!

#Write2Earn! #MarketPullback

Hey fellow traders!

The market’s in full-on bearish mode today, and it’s hitting hard. $ARKM has taken a nosedive, dropping 21.23% to $1.473. It’s teetering near $1.45 support—if that breaks, $1.40 could be next. But hey, if it climbs back above $1.50, we might see a short-term bounce. Fingers crossed, right?

$NTRN isn’t looking much better, down 21.04% to $0.3730 after breaking through key supports. The $0.37 mark is a must-hold, or we’re heading for $0.36. A recovery could nudge it back toward $0.38, but the pressure is real.

And $PEPE? Down 21.03% to $0.00001705. It’s clinging to $0.000017—if that doesn’t hold, we could see $0.00001650 fast. Meanwhile, $BOME slid 20.96% to $0.005949 and is testing $0.00590 support. Break it, and $0.00580 is likely next. A recovery above $0.0060 could breathe some life back, though.

Even $PEOPLE and $DOGS are feeling the heat, both down over 20%. PEOPLE’s sitting at $0.04342, right at a crucial $0.043 support. As for DOGS, it’s at $0.0005102, with $0.00050 acting as its last line of defense.

It’s definitely one of those “stay sharp and plan ahead” days. Tight stop-losses are your best friends in this volatility!

#MarketCorrectionBuyOrHODL? #write2earn!

Hey Binance Fam!

So, let’s talk about $VELODROME . The token’s been on a wild ride, skyrocketing 26.29% to hit $0.2354, with a daily high of $0.2370. If you’re like me, you’ve been refreshing the charts and watching this bullish momentum. It’s crazy to think it bounced from a low of $0.1864—all backed by a jaw-dropping 463M in trading volume.

Here’s what I’m seeing: buyers are in control, pushing $VELODROME toward that key $0.25 resistance. If this rally holds, we could see it smash through and climb even higher. That said, a small pullback to around $0.22 might happen, which could be a sweet spot for re-entries if you’re planning your next move.

No guarantees, of course—it’s crypto, after all! But the current setup feels like it’s got legs. Keep your strategies tight, and let’s see how this plays out in the next 24 hours. 🚀

#Write2Earn! #MarketPullback $VELODROME

Shiba Inu (SHIB) has been making waves in the crypto world again, and as someone still learning the ropes of trading, I find its journey both exciting and baffling. Over the past 24 hours, SHIB has dropped 6.30%, trading at $0.00002401 as of now. Despite the dip, the buzz around SHIB's future is heating up, with analysts projecting a potential rise to $0.0000998 by 2025.

For perspective, SHIB is still down a whopping 72.83% from its all-time high of $0.00008845 three years ago. But here’s the kicker: its burn rate recently spiked by 69%. If you’re new to the crypto game like me, that means a portion of SHIB tokens are being permanently removed from circulation, reducing supply and (hopefully) driving up demand over time.

Add to that SHIB’s 130% price surge since December, and it’s clear there’s significant market interest, even if the current price action feels a bit shaky. The coin has found some support around $0.00002288, with a market cap sitting at $14.15 billion. Sure, it’s not all sunshine and rainbows with the broader market taking a hit, but SHIB’s long-term prospects seem to have a lot of people intrigued.

To me, SHIB feels like the classic underdog story—a coin that’s been dismissed as just another meme but keeps clawing its way back. Of course, nothing in crypto is guaranteed, so I’m watching closely and learning as I go. Whether or not SHIB hits that 2025 target, its journey is worth keeping an eye on.

#shiba⚡ $SHIB #Write2Earn!

Enhance your blockchain knowledge and earn free cryptocurrency by exploring two innovative projects: EigenLayer and DeXe (DEXE).

1) What is EigenLayer?

EigenLayer is a protocol built on Ethereum that introduces "restaking," allowing users to extend their staked assets' security to additional applications on the network. This approach enables developers to build decentralized applications (DApps) with enhanced security and scalability without duplicating the complexities of securing their own blockchain networks. By leveraging Ethereum's existing infrastructure, EigenLayer fosters innovation and permissionless development.

2) What is DeXe (DEXE)?

DeXe (DEXE) is a universal decentralized autonomous organization (DAO) governance platform that combines powerful smart contracts with a no-code application for seamless, scalable collaboration. It empowers users to create and manage decentralized organizations without the need for coding expertise, promoting innovation and community-driven projects.

Earn Free Crypto Through Learning:

To deepen your understanding of these projects and earn free cryptocurrency, consider enrolling in specialized courses that offer educational content along with rewards. These courses typically include informative modules, quizzes, and practical exercises designed to enhance your blockchain knowledge.

Getting Started:

Begin by researching reputable platforms that offer educational courses on EigenLayer and DeXe. Look for courses that provide comprehensive content, interactive learning experiences, and opportunities to earn cryptocurrency upon completion.

By engaging with these educational resources, you can build your blockchain expertise while earning free crypto, contributing to your personal growth and the broader blockchain community.

#EarnFreeCrypto2024 #Write2Earn!

Recently, there was news about 918,000 CRV tokens being liquidated from an address linked to Curve Finance's founder, Michael Egorov. Egorov explained that these tokens were actually stolen during the UwU Lend hack on June 10, 2024. He mentioned that these tokens shouldn't be seen as 'real CRV' but rather as 'receipts for funds promised by Sifu to be repaid following the hack.'

Earlier reports highlighted that the lending protocol UwU Lend suffered another attack in June this year, resulting in a loss of approximately $3.72 million in assets.

These incidents have raised concerns within the crypto community about the security measures in place for such platforms. The repeated breaches underscore the ongoing challenges faced by decentralized finance protocols in safeguarding user assets against sophisticated cyber threats.

Stay safe out there, and always keep an eye on the security measures of the platforms you use.

#Write2Earn! #MarketCorrectionBuyOrHODL? $CRV

XRP is trading at approximately $2.36, reflecting a 5.98% decrease over the past 24 hours. Earlier today, the price dipped to an intraday low of $2.19 before rebounding, indicating strong buying interest at lower levels.

Despite this recovery, XRP faces resistance near $2.58, suggesting a consolidation phase after recent volatility.

Key Levels to Monitor:

Support: The recent low of $2.19 serves as a critical support level. A break below this could lead to further declines.

Resistance: Overcoming the resistance at $2.58 could pave the way for a bullish move toward $2.75 and beyond.

Trading Strategy:

Volume Analysis: Monitor trading volumes closely; increasing volume on upward moves may indicate sustained buying interest.

Momentum Indicators: Tools like the Relative Strength Index (RSI) can help assess whether XRP is overbought or oversold, aiding in decision-making.

Risk Management: Consider setting clear stop-loss levels to manage potential risks effectively.

Stay alert and informed, as XRP could experience significant price movements in the near future.

#MarketCorrectionBuyOrHODL? #Write2Earn! $XRP

Hey everyone,

Bitcoin's market capitalization has recently hit a new all-time high, now standing at 14% of gold's total market cap. This is a big deal and shows how Bitcoin is becoming more accepted as a store of value, similar to gold.

Gold has always been seen as a safe place to keep wealth. But now, with Bitcoin's decentralized system, limited supply, and more interest from big investors, some people are starting to see it as "digital gold."

The gap between Bitcoin and gold is getting smaller. This makes us wonder: Could Bitcoin one day be more dominant than gold? Some experts think that as Bitcoin keeps growing and more people use it, it might even surpass gold's market cap in the future.

This milestone shows that Bitcoin is becoming a real alternative to traditional safe-haven assets like gold. It's an exciting time to watch how Bitcoin's role in the world of finance is changing.

As always, remember that investing in cryptocurrencies comes with risks. It's important to do your own research and think carefully before making any investment decisions.

Happy investing!

#MarketCorrectionBuyOrHODL? #Bitcoin110KNext? #Write2Earn! $BTC

Hey crypto fam!

If you’re feeling uneasy about the recent market dips, let me tell you — it’s not all doom and gloom. What’s happening now might actually be part of a Wyckoff Accumulation phase. Sounds complicated, right? Don’t worry, it’s easier to understand than you think!

Here’s the deal: big players in the market (aka whales) use this strategy to buy assets at super low prices. How? By creating fear and uncertainty that make less experienced traders sell in a panic.

What Does This Look Like?

1. Price drops sharply – Everyone panics and thinks the market is crashing.

2. A quick recovery happens – This gives people hope, but it’s short-lived.

3. Another big drop follows – Confidence is shaken even more.

4. The price hits a major low (often called a triple bottom) – At this point, many traders sell out of fear, locking in their losses.

This cycle repeats until the whales have quietly bought up large amounts of the asset at discounted prices. Once they’re done accumulating, the price usually starts climbing again, and often very quickly.

What’s the Lesson Here?

Stay Calm: Don’t let fear push you into selling at a loss.

Be Patient: This phase sets the foundation for future gains.

Think Long-Term: Whales are in it for the big picture—maybe you should be too!

So next time you see a dip, remember: it could just be the market setting up for the next big move. Keep learning, stay focused, and don’t let emotions take over. You’ve got this!

Happy trading! 🚀

#MarketCorrectionBuyOrHODL? #Write2Earn!

HBAR is trading at approximately $0.30574, reflecting a 3.2% increase from the previous close.

The price is approaching a key resistance level at $0.30576. A breakout above this resistance could signal further gains, with the next target around $0.31174. Conversely, if the price fails to surpass this resistance, it may find support near $0.30071, potentially leading to a rebound.

Technical indicators are currently mixed. The Relative Strength Index (RSI) is at 59.54, suggesting a neutral stance. The Moving Average Convergence Divergence (MACD) shows a value of 0.04, indicating a buy signal. However, the Average Directional Index (ADX) is at 56.98, which may imply a weakening trend.

Given the potential for increased volatility, it's crucial to set tight stop-loss orders and define clear profit targets to manage risk effectively. Staying alert for confirmation of a breakout or a reversal at these critical levels will help in making informed trading decisions.

#Write2Earn! $HBAR

Cardano (ADA) has recently exhibited notable price movements, reflecting both market volatility and investor sentiment.

After reaching an intraday high of $1.097, ADA faced resistance near the $1.05 mark, leading to a pullback. Support has been identified around $1.015, with buyers showing interest near $1.03, potentially establishing a short-term support zone.

Technical analysis suggests that maintaining a price above $1.025 could present a buying opportunity, targeting the $1.045 to $1.05 range, with a recommended stop-loss below $1.02 to manage risk. Conversely, a decline below $1.025 might indicate further downside potential, aiming for $1.013 or lower.

Recent data indicates that ADA's total value locked (TVL) in decentralized finance (DeFi) applications has increased from $560 million to $644 million within 48 hours, signaling growing engagement in the Cardano ecosystem.

Market analysts maintain a bullish outlook for ADA, with predictions for 2024 ranging between $1.21 and $2.02. Factors supporting this growth include increased whale accumulation, network developments like the Hydra protocol, and growing DeFi adoption.

Given the current market dynamics, traders are advised to exercise caution, closely monitor trading volumes for confirmation, and implement precise risk management strategies. The present environment favors quick entries and exits, underscoring the importance of vigilance in trading decisions.

$ADA #Write2Earn!

$VELODROME experienced significant price fluctuations. As of December 18, 2024, the price is approximately $0.1956, with a 24-hour trading volume around $57,298,139.67. The day's high reached $0.2032, while the low dipped to $0.1815.

Technical analysis suggests that surpassing the $0.2000 resistance level could initiate a new bullish trend. However, market conditions are volatile, and investors should exercise caution. And as always, DYOR.

#Write2Earn!

Recent reports have highlighted a sophisticated phishing scam targeting Ledger users, where fraudsters impersonate the cryptocurrency hardware wallet provider's support team to deceive individuals into revealing their wallet seed phrases. These malicious actors send emails that appear to originate from Ledger's legitimate support address, falsely claiming a 'recent data breach' and urging recipients to 'verify' their private seed phrases to protect their assets.

The deceptive emails direct users to a website meticulously designed to mimic Ledger's official site. Once there, users are prompted to 'verify your Ledger,' under the pretense of checking for device compromise. This process leads to a pop-up window requesting the seed phrase—the critical set of words that grants full access to the cryptocurrency wallet. Providing this information enables scammers to gain complete control over the wallet, allowing them to deplete its funds.

Ledger has been aware of ongoing phishing campaigns targeting its users. The company maintains a dedicated page to inform users about such attacks and provides guidance on recognizing and avoiding them.

To safeguard against such scams, consider the following precautions:

Never Share Your Seed Phrase: Legitimate companies, including Ledger, will never ask for your recovery seed. Sharing it can lead to complete loss of your assets.

Verify Email Authenticity: Scrutinize the sender's email address and look for subtle discrepancies that may indicate a fraudulent source.

Access Official Websites Directly: Instead of clicking on links in unsolicited emails, manually type the official website URL into your browser to ensure authenticity.

Be Skeptical of Urgent Requests: Phishers often create a sense of urgency to prompt quick action. Take time to verify the legitimacy of such claims.

By remaining vigilant and adhering to these practices, you can protect yourself from phishing scams and ensure the security of your cryptocurrency assets.

#WARINING #Write2Earn! #TipCreator

VANA, a recently listed cryptocurrency, has exhibited significant volatility since its launch. Early investors who sold during the initial trading hours realized substantial profits, while those who purchased at peak prices are currently facing losses exceeding 55%. This pattern is common among venture capital-backed tokens, which often experience initial price surges followed by corrections as the market seeks equilibrium.

As of December 18, 2024, VANA is trading at approximately $16.65, reflecting a 29.24% decline over the past 24 hours. The circulating supply stands at 30,084,000 VANA, with a maximum supply of 120,000,000 VANA, indicating that a significant portion of tokens remains locked. The market capitalization is approximately $500.8 million, with a 24-hour trading volume around $787.9 million.

Analysts have varying predictions for VANA's future performance. Some forecasts suggest a gradual increase, with prices potentially reaching around €51.57 by the end of 2024. Others anticipate a more conservative trajectory, projecting a price of approximately $0.002118 during the same period. These disparities highlight the uncertainty and speculative nature of the cryptocurrency market.

Investors should exercise caution, particularly considering the potential for token dilution as locked tokens become available, which could exert downward pressure on prices. Historically, venture capital-backed tokens often experience initial declines, followed by a period of consolidation before any potential recovery. Therefore, a prudent approach involves monitoring market developments, understanding the token's underlying business model, and being aware of upcoming token unlock schedules.

In summary, while VANA presents a promising business model, the current market dynamics and tokenomics suggest that investors should remain vigilant and consider the inherent risks associated with newly listed cryptocurrencies.

#Write2Earn! $VANA

BNB is currently trading at approximately $705.98, reflecting a decline from its recent high of $737.37. This movement has brought BNB to a critical support level near $705.32. If this support holds, bullish momentum could drive the price toward resistance levels at $715.47 and potentially $727.22. Conversely, a breakdown below $705 could lead to further declines, with $703.71 acting as the immediate support. Traders should monitor volume indicators for signs of a rebound or further breakdown, and manage risk accordingly.

Looking ahead, various analyses offer differing predictions for BNB's price by the end of 2024. Changelly forecasts an average price of around $4,205. CoinCodex anticipates a trading range between $720.10 and $845.41, leading to an average annualized price of $782.76. CoinStats suggests a potential high of $1,041. DigitalCoinPrice estimates a range between $1,507.29 and $1,545.77.

It's important to note that cryptocurrency markets are highly volatile, and these predictions should be approached with caution. Market dynamics can change rapidly, and investors should conduct thorough research and consider multiple factors before making investment decisions.

$BNB $BTC
#Write2Earn!

Dogecoin (DOGE) is currently trading at approximately $0.384968, reflecting a 5.23% decrease from the previous close. The intraday low reached $0.381662, testing a crucial support zone around $0.38137. A breakdown below this support could intensify selling pressure, potentially dragging prices toward $0.37974 and opening the door for further downside.

Conversely, if bulls defend this level and trading volume increases, a rebound toward resistance levels at $0.39168 and $0.40361 could unfold, offering a short-term recovery opportunity. Traders should remain vigilant, as DOGE's current trend signals heightened volatility. Executing trades with tight stop-losses and monitoring for signs of reversal or breakdown confirmation is advisable.

Looking ahead, various analyses offer differing predictions for DOGE's price by the end of 2024. CoinCodex forecasts an increase of approximately 20%, reaching around $0.548477. Changelly suggests a potential drop, with a maximum price of $0.251, a minimum of $0.101, and an average of $0.401. Another analysis anticipates DOGE reaching approximately $0.60 by the end of 2024, barring major market disruptions.

It's important to note that cryptocurrency markets are highly volatile, and these predictions should be approached with caution. Market dynamics can change rapidly, and investors should conduct thorough research and consider multiple factors before making investment decisions.

$DOGE #Write2Earn! #MarketNewHype

The cryptocurrency market is exhibiting unprecedented behavior, challenging traditional trading patterns and historical data. Bitcoin's recent surge past $107,000 has not catalyzed the anticipated altcoin rally; instead, many altcoins continue to underperform.

This divergence is evident as Bitcoin reaches new milestones, while altcoins like Ethereum struggle to gain momentum. Despite Ethereum's price exceeding $3,800, numerous smaller coins remain in negative territory. This trend contradicts expectations that Bitcoin's rise would trigger an altcoin season, leading to growing investor frustration.

The market's complexity is further compounded by the proliferation of low-quality projects masquerading as viable investments. This scenario erodes investor confidence, making it increasingly difficult to distinguish between genuine opportunities and worthless tokens.

Bitcoin and Ethereum continue to serve as the market's cornerstones—trusted, recognized, and resilient. In contrast, many altcoins resemble loose fragments; while some may hold potential, the majority are susceptible to rapid devaluation.

Looking ahead, optimism surrounds 2025 as a potential year of financial growth. However, without a balanced, regulated, and transparent market, the prevailing distrust is likely to persist.

As a participant in this uncertain market, it's crucial to navigate these conditions with caution. Consider holding steady with established cryptocurrencies, diligently researching to identify quality projects, and resisting the urge to follow speculative trends. Restoring trust in the system is essential for achieving sustainable growth in the cryptocurrency market.

#FullMarketBullRun #MarketNewHype #Write2Earn!

Over the past 24 hours, PEPE has experienced a decline of approximately 6.18%, with its price decreasing from $0.00002315 to around $0.00002176.

This downward movement has brought PEPE closer to its immediate support level at $0.00002141. The recent rejection near $0.00002365 indicates strong resistance, suggesting that unless bullish momentum returns, further declines toward $0.00002100 or lower are possible. The 24-hour trading volume stands at approximately $2.3 billion, indicating significant market activity with sellers currently dominating the short-term trend.

On the 4-hour chart, PEPE's price action shows a consistent series of lower highs, confirming bearish momentum. If the support at $0.00002141 fails to hold, a sharper decline could ensue, potentially testing $0.00002100. However, a rebound above $0.00002292 could provide room for bulls to aim for $0.00002365 and higher. Traders should monitor these critical levels as volatility picks up, with caution advised on further dips.

Looking ahead, various analyses offer differing predictions for PEPE's price by the end of 2024. Changelly's AI algorithm forecasts an average price of $0.0000669, while CoinPedia anticipates an average of $0.0000546198. CoinCodex projects a maximum price of $0.00007616, and AMBCrypto's analysis suggests an average of $0.000024.

It's important to note that cryptocurrency markets are highly volatile, and these predictions should be approached with caution. Market dynamics can change rapidly, and investors should conduct thorough research and consider multiple factors before making investment decisions.

#Write2Earn! $PEPE

How will $VELODROME finish 2024?

#Write2Earn!

XRP has recently broken through key resistance levels, signaling renewed bullish momentum. Technical analyst Dark Defender has identified near-term price targets at $5.85 and $8.76, with key support zones at $2.29 and $2.02.

The breakout occurred after a two-week consolidation period, as XRP surpassed a descending trendline that had been suppressing its price since reaching $2.87 on December 4. This movement is further supported by bullish signals, including a positive indication on the Ichimoku Cloud and an RSI Golden Cross, both suggesting increasing buying strength.

For further confirmation of this bullish trend, traders should watch for a daily close above $2.52. Achieving this could propel XRP toward $2.72 in the near term, with longer-term targets of $5.85 and $8.76. As of now, XRP is trading at approximately $2.62, reflecting a significant increase over the past month.

Given the current market dynamics, traders are advised to employ tight stop-loss strategies and monitor trading volumes closely to confirm breakouts and secure profits amid this high-stakes environment.

$XRP #Write2Earn!