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@frolllik #325293

Cryptogirl, addicted by design and marketing.
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🐶🗣️It’s time to buy DOGE: Dogecoin has two main factors that are playing in its favor.
Firstly, the arrival of the Trump administration and a new US Congress is expected to usher in a new golden age for the crypto industry in the US.
Meanwhile, chatter about the establishment of a US strategic reserve in the US and in other major nations continues to grow.
These combined factors suggest there is massive potential for price growth ahead for major cryptocurrencies – as the number one meme coin, Dogecoin is in a prime position to benefit.
Secondly, Dogecoin is inexorably tied into the new Trump administration, with Elon Musk’s new Department of Government Efficiency (D.O.G.E.) named after it.
The drawdown in crypto prices comes after the Fed announced a 25 basis point rate cut to its benchmark policy rate. It was Powell’s post-rate cut comments that triggered panic selling as indicated that only two more rate cuts would occur in 2025.
The Fed committee also raised their 2025 inflation outlook from 2.1% to 2.5%, adding to what market participants view as a hawkish outlook. “We’re not allowed to own Bitcoin,” Powell said, adding that the Fed is “not looking for a law change” that would allow them to hold BTC.
Powell’s comments shook the prices across the market, which have rallied sharply along with Bitcoin since Donald Trump’s victory in Nov. 5 US Presidential Election in prospects of a more crypto-friendly administration.
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Solana’s daily chart shows potential for gains in SOL. Solana trades at $219 on Tuesday. The Ethereum competitor is currently consolidating, however a daily candlestick close above $231.62 could mark the end of the sideways trend.
Solana could face resistance at the $264.59 peak and the cycle target is $359.81, the 161.80% Fibonacci retracement level of Solana’s price rally.
If Solana is faced with a correction, traders could mark $221.06 to $233.22 as the support zone for the altcoin.
The weekly chart shows that the ETH price has been in a strong bullish trend in the past few weeks. It has found a strong barrier at $4,000, where it failed to move above since March.
The main risk is that it has formed a triple-top pattern, a popular bearish sign in the market. This pattern has formed slightly above the 23.6% Fibonacci Retracement level.
Ethereum has remained above the 50-week and 100-week moving averages. It is also between the middle line and the first resistance point of the Andrew’s pitchfork tool.
Therefore, a break above the triple-top level will point to more gains, possibly to the all-time high of $4,877. A move above that will lead to more gains to $5,000.
✌️Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level,Bitcoin strengthened further, reaching highs of $107,172. The flagship digital asset rose to this new ATH as the world’s largest corporate holder of BTC purchased another $1.5 billion worth of the asset.
Did you know that Donald Trump has a winery? The winery and vineyard were established by Patricia Kluge in 1999, later purchased by businessman (later U.S. President) Donald Trump in April 2011 and officially re-opened in October 2011. Since 2012, it has been owned and operated by Trump's son Eric, under the name Eric Trump Wine Manufacturing LLC.
Bitcoin has proven itself as the more lucrative investment product for 2024. Over the past six months, Bitcoin rose over 54%, while Ether only generated a 12% return on investment.
Ether to catch up to Bitcoin’s gains, as analysts eye $8,800 ETH price
Ether may be setting up for a rally to above $8,800 based on an ascending triangle on the daily chart — a technical chart formation used to spot the continuation of an uptrend.
However, Ether needs to cross the key $4,100 resistance level first, according to popular crypto analyst the Long Investor. “A break above $4,100 next, and this could run to the ATH level at $4,865.
A significant shift has occurred in the Dogecoin (DOGE) ecosystem in the last 24 hours. Despite the ongoing bullish market cycle that saw Bitcoin rally above $100,000, DOGE has continued to see mild bleeding. Notably, Dogecoin investors have suffered 20.17 million in 24-hour liquidations.
What triggered liquidation?
According to data from CoinGlass, the total liquidation within the period under consideration amounted to $8.12 million. This liquidation came as DOGE plunged in the crypto market, dropping to $0.4018 from an earlier high of $0.4161.
Investors and traders alike had bet on DOGE to continue climbing and possibly test the $0.50 level. However, market volatility and price fluctuations crashed DOGE to its current level.
Interesting fact 🗣️: In 2024, Bitcoin (BTC) recorded triple-digit gains and even breached the long-awaited milestone price of $100,000 in early December.
Despite BTC’s significant rise throughout the year, Finbold research found that the semiconductor giant Nvidia (NASDAQ: NVDA) delivered even higher returns than Bitcoin.
An investment in Bitcoin made at the start of 2024 would have yielded a return of 139.72% by Thursday, December 12. In comparison, Nvidia stock would have appreciated 188.47% over the same period, making NVDA’s gains 1.35 times higher than BTC’s and offering a 35.7% greater return on investment (ROI).
Tech billionaire Elon Musk has recently hinted that the Department of Government Efficiency (D.O.G.E.) could end the US inflation. In a recent social media post, Musk has shared the potential reasons causing the inflation and key steps that could end the soaring prices. Notably, this comes as the Tesla CEO has increased his focus on cutting federal spending through the newly formed department by Donald Trump.
Cryptocurrency Prices Today By Market Cap:
The global cryptocurrency market cap today is $3.65 Trillion, a -4.29% change in the last 24 hours. Red candles 🗣️ are in progress. Do you know the reasons of such dump?
🐶🐶🐶Dogecoin (DOGE) surged 10.04% in the past 24 hours, reaching $0.4835. The rally boosted its market cap by 6.07% to $68.66 billion, maintaining a strong position in the crypto market. Trading volume skyrocketed 69.04% to $10.36 billion, reflecting increased investor interest.
With a circulating supply of 147.11 billion DOGE, the Market Cap ratio stands at 15.34%, signaling high activity. The global crypto market cap increased by 0.40% to $3.68 trillion, with Bitcoin reclaiming the $100,000 mark, contributing to bullish sentiment.
Sambuca is thought to have originated in Italy, but there are many different stories about its history. Some say that it was created by a man named Luigi Manzi in the 19th century. Others believe that it was first made in the 18th century by Angelo Molinari. A serving of sambuca can be a shot with seven coffee beans, representing the seven hills of Rome. Likewise, a shot with one coffee bean, called con la mosca, (Italian: "with the fly"), is as common. The traditional serving is with three coffee beans, each representing health, happiness and prosperity.
Ex-PayPal exec David Sacks, the designated “White House A.I. & Crypto Czar” of United States President-elect Donald Trump, is a major Solana bull and a backer of the crypto investment firm Multicoin Capital.
Sacks, a former PayPal operating chief and current co-host of the All-In business and technology podcast, was appointed by Trump on Dec. 5.
Apart from his interest in crypto and artificial intelligence, Sacks is known as a major investor in Solana
and other crypto-related ventures.🥳
🚨‼️🚨A major XRP whale transaction has caught market attention as they accumulated nearly $52 million worth of the Ripple token. This move suggests at a bullish sentiment among traders as they focus on buying the dip in XRP price.
XRP Whale Makes Big Move
According to Whale Alert, the XRP whale scooped up 21.77 million tokens, worth approximately $51.94 million, from Binance and transferred it to an unidentified wallet. The transaction has sparked discussions about strategic buying amid the recent XRP price decline.
Leading exchanges Binance and Coinbase see combined 50 million XRP sell walls above the $3 mark, capping XRP’s growth.
Recall that XRP rallied to a high of $2.9 yesterday, brushing against the $3 psychological resistance. However, it failed to maintain momentum, closing the day with a 7.91% loss. Currently, XRP has recovered to $2.6, consolidating in a narrow range between $2.4 and $2.6.
This period of consolidation has led to analyses of XRP’s order books, particularly on Binance and Coinbase. Market analyst and trader Dom recently provided an update on these order books, highlighting sell and buy walls that could influence XRP’s price in the coming days.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
The turnover of XRP on Coinbase during the period in question amounted to almost $2 billion, while the trading volume of BTC and ETH amounted to no more than $1.9 billion, of which the main cryptocurrency was responsible for almost 79%. Therefore, the dominance of XRP in terms of volume on the largest exchange in the U.S. at one point amounted to more than 20%.
2025 Will Become the “Year of the Crypto Renaissance”☺️
MicroStrategy continues to actively accumulate Bitcoin. To fund these purchases, the company is strategically issuing shares to expand its cryptocurrency holdings.
This strategy aligns with CEO Michael Saylor’s vocal support for Bitcoin, further solidifying MicroStrategy’s position as a leading institutional holder of the cryptocurrency.
MicroStrategy calls Bitcoin as “the highest performing uncorrelated asset that a corporation can hold on its balance sheet” in its recent presentation about the company’s Bitcoin strategy.
Are you ready🤗? ETH forms a bullish pattern on the monthly chart, with key resistance at $4,000.A confirmed breakout above $4,000 could push ETH toward $8,000, marking a mid-term move.
The $3,400 support provides a critical safety net during retracements if upward momentum slows or stalls.
Ethereum’s price action is currently showing the advancement of an ascending triangle on the monthly chart, indicating a possible breakout. Analysts point to this pattern as a key structure for determining the ETH’s movement.
Shibetoshi wants DOGE to exceed IBM in market cap size 🐶🐶🐶🐶🐶
Shibetoshi Nakamoto, known for his typical sarcastic and jesting manner of tweeting, published a post on the X platform, saying that he wants Dogecoin to reach a market capitalization of $210.27 billion and even surpass it.
This way, Dogecoin would become bigger than IBM in terms of valuation. This would be good, Markus continues, since it would be worth more than any place he has ever worked at. This “would be funny,” he concluded with dark irony.
🐶🐶🐶Dogecoin (DOGE) is back in the news, with its price up 150% this month alone. The meme-inspired cryptocurrency, long seen as a sign of people getting carried away with the hype, is once again getting the attention of analysts, including Peter Brandt, who has been trading the financial markets for over four decades now.
While Brandt initially said that Dogecoin's chart shows an inverted head-and-shoulders pattern, which could mean that it is going back to its all-time high near $0.73, other market participants have come up with different ideas.
🐶💫🌟Dogecoin has gone parabolic and crossed a critical resistance level at $0.2278, its March 2023 high, invalidating a previous double-top pattern. The coin has also formed a golden cross pattern, with the 50-week and 200-week moving averages crossing, and has risen above the 50% Fibonacci Retracement level at $0.03715.Dogecoin is now forming a bullish flag or pennant pattern, which often precedes a strong breakout. If this occurs, the next target could be $0.7400, its all-time high, representing an 85% gain from current levels. However, a drop below $0.2278 would invalidate this bullish outlook.
The co-founder of Metamask, Dan Finlay, launched a new token named Consent on Solana and Base, which focuses on user consent and autonomy. The Consent ($CONSENT) token was conceptualized by Finlay on Clanker on Farcaster to promote user consent in the age of Artificial Intelligence. The token falls under memecoins and addresses the right to intellectual property and “consent to share and train AI”.