ETH rose in sync with BTC yesterday, continuing its rebound, and has now broken through the 3000 mark, successfully surpassing the key resistance range of 2950-3000. Attention should be paid to the support in this range; if the pullback does not break below it, it will continue to rise, expecting a daily adjustment and corrective market, with further bullish outlook as a new round of bullish cycles is about to start.
The current market situation is concerning, with altcoins generally performing poorly. This is mainly because mainstream funds are concentrated in a few major coins like BTC, DOGE, and SOL, while the funding pool for altcoins has not seen a significant influx of new capital.
The current funding situation of the project is also not optimistic, making it difficult to have enough momentum for pump operations. Therefore, even though mainstream coins have significantly risen, altcoins may only see rebound after the gains in mainstream coins stabilize.
Bitcoin and Ethereum both break new highs! Positioning 4 cryptocurrencies to yield 100 times in a bull market!
APT
Aptos is a new blockchain, similar to Bitcoin, Ethereum, and Solana, which are all independent blockchains. Since there are other blockchains, why is Aptos joining the fray?
Blockchain is the infrastructure upon which both cryptocurrencies and NFTs are built. However, with more applications and developments, many issues with blockchain have begun to emerge, such as frequent transaction interruptions (like Solana downtime), high costs (extremely high ETH fees when grabbing popular NFTs), low throughput limitations (inability to receive coins immediately due to congestion), and numerous security issues (hackers stealing large amounts of cryptocurrencies), which has hindered the widespread adoption of blockchain.
The future value prospects of APT coins are very broad. As a digital currency with high technological innovation and application prospects, APT coins will become an indispensable part of the development of the digital economy in the future. In multiple aspects such as policy environment, market demand, competitive advantages, and investment prospects, APT coins have tremendous development potential and will lead the trend in the digital currency market.
W
Wormhole (W) current price is $0.2550, up 8.51% in the past 24 hours. Despite the slight price increase, overall market sentiment remains bearish. The Fear and Greed Index is at 69, indicating 'Greed'. Technical indicators suggest that now may not be the best time to buy. Additionally, other indicators also suggest growth potential. The price of Wormhole could rise by 228.50%, reaching around $0.775554 by December 8, 2024. However, the market has recently shown mixed performance. Over the past 30 days, 47% of the days were positive, but price fluctuations reached as high as 13.73%. This indicates that the market experienced both rises and falls during this period.
The price prediction range for November is between $0.236088 and $0.803266. This could provide investors who buy now and sell at higher levels with a potential return of 235.80%. Although this shows promise, the market remains unstable, so caution is advised. In December, the price of Wormhole may fluctuate between $0.731066 and $1.117316. This could represent a 299.13% increase from today's price, with an average target price of $0.954772. If the prediction holds, the expected return rate is 367.08%.
EOS
The price of EOS is $0.4764, up 2.78% in the past 24 hours. Market sentiment remains neutral, with the Fear and Greed Index at 69, reflecting a generally optimistic and greedy atmosphere among investors. EOS's trading price is close to its recent cycle high of $0.471653, benefiting from high liquidity relative to its market capitalization.
Predictions show that EOS may exhibit an upward trend in November, with prices potentially rising to $0.477455. Influenced by market trends from last month, analysts expect the price range this month to be between $0.463194 and $0.503091. This means if investors buy at the current price and sell at the upper limit of the forecast range, the expected return on investment (ROI) is about 7.55%.
XTZ
The Tezos Unity SDK provides developers with convenient tools to build blockchain-integrated games, making it ideal for those without a deep knowledge of blockchain. This SDK uses simple plug-and-play setups to support direct integration of Web3 features such as wallets, NFTs, and smart contracts. This ease of integration allows game creators to incorporate blockchain functionalities into their projects with minimal resistance.
Tezos enhances accessibility by providing comprehensive documentation. This includes tutorials and guides covering both basic and advanced concepts, which are useful for developers of all experience levels. Additionally, Tezos offers a range of resources from tools to example projects to encourage experimentation. A notable example is a third-person, wave-based shooting game designed for developers to explore and customize.
