Solana (SOL) was one of the large-cap assets affected by the recent market downturn triggered by the US Federal Reserve’s rate cut. The Solana price succumbed to the bearish pressure and fell beneath $200 for the first time in over a month. While the price of SOL has continued its downward spiral in the past day, a prominent crypto analyst on X believes that the altcoin might be gearing for a rebound already. Below is how the Solana price could course-correct and resume its bullish trend. Can SOL Price Reclaim $200 Again? In a post on the X platform, crypto pundit Ali Martinez shared an interesting insight into the current Solana price action. According to the analyst, several indicators and formations are pointing to a rebound for the altcoin’s price. Related Reading: SUI Shows Strong Bullish Comeback: Breakout Above $4.98 In Sight This prediction revolves around quite a number of indicators and chart formations. Firstly, Martinez noted that the price of Solana appears to be testing a key support zone between the $188 and $179 region. As shown in the chart above, this price zone has served as a significant resistance level in the past — from March to November. Typically, when the price flips a resistance zone, the level tends to act as a significant support should the price return to it. Besides the cost basis of investors, the Relative Strength Index (RSI) is also pointing to a potential rebound for the Solana price. The RSI, which tracks an asset’s overbought and oversold levels, is currently at 31.72. According to Martinez, this RSI level has acted as support in the past, with the Solana price traveling to new swing highs on each occasion. Monitoring this indicator could provide the right time to enter a long position for the altcoin. Furthermore, the stochastic RSI is currently at oversold levels, suggesting that the price might be ready for a reversal. The Stoch RSI differs from the regular indicator in terms of the sensitivity and timeliness of its signals. Martinez did not specify a target for the Solana price should the indicator signals prove true. However, a glance at price action data shows that the altcoin’s price tends to at least return to its previous swing high whenever it finds support at the aforementioned levels. Solana Price At A Glance As of this writing, the price of Solana is hovering around $180, reflecting a disappointing 6% decline in the past 24 hours. The cryptocurrency’s performance is even much worse on the weekly timeframe, having dropped by nearly 17% in the last seven days. Related Reading: Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details Featured image from Dreamstime/Aivaras Sakurovas, chart from TradingView
With many altcoins posting double-digit gains, it looks like they’re ready to take center stage while BTC catches its breath. But staying vigilant is key.
After heading toward $100,000 yesterday, bitcoin’s price has taken another wrong turn as the asset has lost over three grand since then. The altcoins are also deep in the red, with massive daily price declines from the likes of SOL, DOGE, ADA, AVAX, LINK, SHIB, and many others. BTC’s Short-Term Recovery Although the business week started quite spectacularly for BTC, whose price skyrocketed from $101,000 to a new all-time high of over $108,000 by Tuesday, it actually turned sour on Wednesday after the latest US FOMC meeting. The primary cryptocurrency began a massive correction that culminated on Friday with a price slump to around $92,000. Thus, the asset had lost more than $16,000 in just 72 hours. At this point, the bulls finally managed to halt the freefall and helped BTC climb to $95,000. It kept going north on Saturday morning and jumped to $99,600. As the community was preparing for a potential challenge for the six-digit mark, bitcoin’s trajectory reversed once gain. BTC started to lose value once again and dropped to just under $96,000 hours ago. Despite being above that line now, bitcoin is still 2% down on the day. Its market capitalization struggles to remain above $1.9 trillion, while its dominance over the alts has risen to 55% as most altcoins have suffered a lot more. Bitcoin/Price/Chart 22.12.2024. Source: TradingView Alts Back in Red Yesterday’s brief relief was halted as the altcoin market is back in red again. Ethereum failed at $3,500 and has slumped to $3,350 after a 3.5% daily decline. XRP was stopped ahead of $2.4 and has slipped to $2.24 now. Even more painful daily declines are evident from SOL, DOGE, ADA, AVAX, LINK, SHIB, XLM, DOT, HBAR, APT, ICP, AAVE, and CRO, with losses of up to 11% in the case of APT. The total crypto market cap has shed another $100 billion in a day and is down to $3.460 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post ADA, DOGE, SOL Dump Hard Again as BTC Slides Below $97K (Market Watch) appeared first on CryptoPotato .
The search for the best coins for exponential returns is a top priority for investors in 2024 as blockchain technology continues to disrupt industries worldwide. With promising innovations and real-world applications, Qubetics ($TICS) , Stellar (XLM), and Algorand (ALGO) have emerged as the frontrunners for significant growth. Qubetics is leading the charge with its game-changing QubeQode platform, which makes blockchain development more accessible, while Stellar and Algorand have solidified themselves as leaders in payment solutions and scalable networks. Here’s why these three projects are the best coins for exponential returns and why they belong in your portfolio. Qubetics ($TICS): Bridging Accessibility With QubeQode Qubetics is fast becoming one of the most innovative projects in the blockchain space, offering tools designed to simplify decentralised technology adoption. Now in its 13th presale stage, Qubetics has already sold over 365 million $TICS tokens to 11,100+ investors, raising more than $7.4 million. At just $0.0342 per token, Qubetics presents a rare opportunity for exponential returns for early investors. One of Qubetics’ most revolutionary features is QubeQode , a no-code development platform that allows businesses and individuals to build decentralised applications (dApps) without needing programming expertise. This feature removes barriers to blockchain adoption, empowering professionals, small businesses, and enterprises to enter the decentralised economy with ease. For example, a logistics company could use QubeQode to develop a transparent supply chain management app, improving tracking efficiency without incurring the cost of hiring blockchain developers. Likewise, a healthcare professional could create a secure, decentralised platform for patient data storage, ensuring data privacy and interoperability across healthcare providers. QubeQode democratizes access to blockchain technology, helping businesses of all sizes harness the benefits of decentralisation. By making development simple and affordable, Qubetics positions itself as a project with immense global potential. Qubetics has analysts predicting massive returns for $TICS holders. The token price is expected to hit $0.25 by the presale’s end, translating into over 630.19% ROI. Long-term projections of $5 to $10 post-mainnet launch suggest life-changing returns, with gains reaching as high as 29,107.82% ROI. For example, a $25,000 investment at today’s price of $0.0342 could grow to $7.3 million if $TICS reaches $10. With its accessible tools like QubeQode and strong market momentum, Qubetics is undeniably one of the best coins for exponential returns. Stellar (XLM): Transforming Global Payments Stellar is a leading blockchain platform designed to facilitate low-cost cross-border payments and financial inclusivity. Built to connect banks, payment systems, and individuals, Stellar’s network enables fast, secure transactions, making it a favourite among enterprises and NGOs. For example, Stellar allows a small business owner in South America to receive payments from international clients instantly and at a fraction of the cost compared to traditional banking systems. Similarly, humanitarian organisations use Stellar to distribute aid to remote areas efficiently, eliminating intermediaries and ensuring funds reach the right people. With its growing adoption and partnerships with major financial entities, Stellar remains a strong choice for investors looking for projects with real-world utility and scalability. Its established reputation as a leader in cross-border transactions positions Stellar as one of the best coins for exponential returns in the years to come. Algorand (ALGO): Delivering Scalability and Sustainability Algorand is a high-performance blockchain platform known for solving the blockchain trilemma—balancing decentralisation, security, and scalability. Its Pure Proof-of-Stake (PPoS) consensus mechanism enables Algorand to process thousands of transactions per second while maintaining energy efficiency and low fees. Algorand’s focus on sustainable scalability makes it an ideal platform for financial institutions, enterprises, and developers building decentralised finance (DeFi) solutions. For instance, a fintech startup can utilise Algorand to offer cross-border payment tools that are both affordable and reliable, tapping into underserved markets globally. Algorand’s robust partnerships, including collaborations with governments and enterprises, further solidify its position as a blockchain for real-world use cases. With increasing adoption and a growing DeFi ecosystem, Algorand continues to attract investor interest, making it one of the best coins for exponential returns in 2024. Conclusion: Why These Coins Offer Exponential Returns Qubetics ($TICS), Stellar (XLM), and Algorand (ALGO) are three of the best coins for exponential returns, offering unique innovations that meet the needs of a rapidly evolving digital economy. While Stellar focuses on transforming global payments and Algorand delivers scalable blockchain solutions, Qubetics takes the spotlight with its QubeQode feature, driving blockchain accessibility like never before. At just $0.0342 per $TICS token, Qubetics represents a rare opportunity for investors to get in early and maximise their returns. With projections pointing toward massive ROI, Qubetics is the Best Coins for Exponential Returns in 2024 . For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics The post Qubetics’ Privacy Mastery, Stellar’s Skyrocketing Move, and Algorand’s Speed Advantage: The Best Coins for Exponential Returns in 2024 appeared first on TheCoinrise.com .
Regina steps into a world where in-game victories earn real-world rewards, in a game merging cutting-edge blockchain with classic battle royale fun. Quick Recap from Fableborne Fableborne by Pixion Games is a mobile action RPG combining strategic base-building with fast-paced asynchronous PvP combat. Players raid kingdoms with unique heroes like Glint, Rift, and Shade, while
o Trump Fires Powell could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Fires Powell (TRUMPPOW), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days. This is because TRUMPPOW is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Fires Powell can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Fires Powell could become the next viral memecoin. Trump Fires Powell launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Fires Powell on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Fires Powell by entering its contract address – FWmVybuoRxJ79ZDHJ3Y8efeYsHsKL4qMNwJP8rCDsfmB – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPPOW. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Schiff suggests USA Coin as a cost-effective alternative to the Strategic Bitcoin Reserve. Concerns arise regarding the BTC Reserve's impact on the dollar's global standing. Continue Reading: Peter Schiff Proposes USA Coin as an Alternative to Strategic Bitcoin Reserve The post Peter Schiff Proposes USA Coin as an Alternative to Strategic Bitcoin Reserve appeared first on COINTURK NEWS .
Polkadot [DOT] faces significant market challenges as it tests crucial support levels, leading investors to speculate on its potential recovery. Amidst a volatile market, the recent price drop has sparked
An analyst who continues to build a following with macro crypto calls believes Bitcoin ( BTC ) is almost ready to enter the parabolic stage of its market cycle. Pseudonymous analyst TechDev tells his 490,300 followers on the social media platform X that Bitcoin is flashing technical signals that preceded steep rallies in the past. The trader shares a chart suggesting that Bitcoin has breached the upper range of its Bollinger Bands in the two-month time frame after spending about two years recovering from a bear market bottom. Traders use Bollinger Bands to identify potential periods of volatility expansion and determine whether an asset is overbought or oversold. TechDev’s chart also suggests that the two signals were present during the 2016 and 2020 market cycles – just before BTC ignited parabolic surges. “This is where things have gotten exciting.” Source: TechDev/X Looking at BTC from a different perspective, TechDev says Bitcoin is in the early stages of a parabolic ascent based on the crypto king’s logarithmic moving average convergence divergence (LMACD) indicator. The LMACD indicator is designed to reveal changes in an asset’s trend, strength and momentum. “Paying attention to the high time frames (HTFs) offers the best chance to trade the cycles. $30,000 was not the top, because HTF expansion had not ended. $50,000 was not the top, because HTF expansion had not ended. $70,000 was not the top, because HTF expansion had not ended. $90,000 was not the top, because HTF expansion had not ended. And HTF expansion still has not ended.” Source: TechDev/X Based on the trader’s chart, he seems to suggest that Bitcoin will not witness a cycle top until the LMACD on the two-month chart hits its resistance at 0.12. BTC’s LMACD appears to be currently hovering at 0.04. At time of writing, Bitcoin is trading for $97,274. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting appeared first on The Daily Hodl .
Polkadot’s price was resting at a crucial support, and a successful test can push it towards $30.