Bitcoin (BTC) Sets New Records! “Ethereum, XRP and These Four Altcoins Are at the Forefront!”
Bitcoin (BTC) started the new week with a new record. At this point, the BTC price rose above $ 106,000, while CoinShares published its weekly cryptocurrency report and said that a record inflow of $ 3.2 billion was experienced last week. “Cryptocurrency investment products saw inflows of $3.2 billion last week, the 10th consecutive week of such inflows. Inflows so far this year have reached a staggering $44.5 billion.” Ethereum and XRP Remain the Focus! When looking at individual crypto funds, it was seen that the majority of inflows were in Bitcoin. While BTC saw an inflow of $2 billion, Ethereum (ETH) saw an inflow of $1.08 billion. When we look at other altcoins, XRP experienced an inflow of $145 million, Litecoin (LTC) $2.2 million, Polkadot (DOT) $2.2 million, Cardano (ADA) $1.9 million, and Solana (SOL) $1.7 million. “Bitcoin saw total inflows of $2 billion, bringing total inflows since the US election to $11.5 billion.Short Bitcoin products saw an inflow of $14.6 million after the recent price increases.Ethereum saw $1 billion inflows in the 7th week, bringing the total inflow to $3.7 billion in these 7 weeks. This indicates a significant improvement in sentiment.“XRP saw $145 million inflows as hopes for a US-listed ETF grew, while Polkadot and Litecoin saw inflows of $3.7 million and $2.2 million respectively.”When looking at regional fund inflows and outflows, it was seen that the USA ranked first with an inflow of 3.13 billion dollars. After the US, Switzerland and Germany also saw notable inflows with $35.6 million and $32.9 million respectively. In the face of these inflows, Sweden experienced a small outflow of $19 million. 🚫*This is not investment advice.
Approaching Resistance level of 2.175E-3 identified at Nov 23, 0:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 2.175E-3 within the next 19 days.
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Trump’s Win Ignites DOGE and PEPE Price Rallies—Which Altcoins Are Ready to Follow?
$DOGE $PEPE Dogecoin (DOGE) In the past week, Dogecoin (DOGE) has experienced a remarkable price increase of 90.55%. Over the last month, the growth is even more significant at 214.40%. Looking at the six-month span, DOGE has risen by 140.61%. Currently trading between $0.18 and $0.33, this cryptocurrency is showing substantial volatility and upward momentum. The nearest resistance level for DOGE is at $0.39, with a second resistance at $0.54. Breaking through these levels could lead to further price gains. On the downside, the nearest support level is at $0.0904, which could act as a safety net if the price dips. The Simple Moving Averages for both 10 days and 100 days are at $0.37, indicating a consistent trend over these periods. Pepe (PEPE) PEPE has experienced significant price increases recently. Over the past week, its price surged by 94.75%. In the last month, it climbed by 106.29%. Over six months, it has risen by 125.17%. The current price ranges between $0.000009034 and $0.00001431. The data suggests potential for further growth. The Relative Strength Index is at 54.00, indicating neutral momentum. The Stochastic at 59.37 hints at possible upward movement. Despite a slightly negative MACD level of -0.00000004675, the 10-day Simple Moving Average is $0.00002056, which is above the current price. This points to a possible increase. If PEPE continues to rise, it may reach the nearest resistance level at $0.00001629. Breaking this could lead to the second resistance at $0.00002156, potentially increasing by around 40% from the current price. If the price falls, it could test the nearest support level at $0.000005738, a decrease of about 60% from current levels. Monitoring these levels is crucial. 🚫This is not investment advice.