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Follow the hot spots in the crypto market in real time, seize the best trading opportunities. Today is November 17, 2024, Sunday. I am Wang Yi Bo! Good morning to all cryptocurrency friends ☀ hardcore fan check mark👍 Like it, get rich 🍗🍗🌹🌹
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The biggest bright spot in today's Crypto Assets market is focused on XRP, an old and outdated coin. In fact, the rise of XRP is due to President Trump's election. The reason why XRP is amazing is because Ripple's CEO met with Trump this week, its price surpassed the important resistance level that it hadn't surpassed since November 2021, breaking the $1 barrier. This dramatic change has reignited investor optimism. The current price of XRP shows a broader recovery trend in the Cryptocoin industry, largely due to increased interest and demand. Many investors are closely watching XRP as its performance can set the tone for other altcoins.
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The fighting pace around 90000 unfolds during the BTC weekend, and both longs and shorts show no significant continuity. However, from the perspective of the overall trend, the market maintains a bullish trend, and the market also has the potential to continue rising. The structure of the daily chart remains strong, with a short-term adjustment phase at the peak, and both longs and shorts do not continue, apparently with some fall, but cannot change the overall strong structure. The fall does not continue, and the long-term low strategy is generally maintained.
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ETH opened yesterday and pulled back to form a Rebound, testing the resistance at the level of 3217 and then falling. In the short term, the movement is weaker than that of BTC, and the resistance at the top is slowly moving down. Based on the current movement, the market as a whole remains in a wide range of price fluctuations. If the price fails to overcome the short-term pressure of 3250 and Rebound, it is possible that the market will retest the support at the bottom.
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Each bull run has its own unique theme, and this time it is undoubtedly the playing field of "BTC" and memes. New on-chain small-cap memes, such as PNUT, NERIO, MOODENG, GAOT, etc., have created various cases of sudden enrichment. While classic old memes, like DOGE, WIF, PEPE, BONK, FLOKI, either are reaching new all-time highs or have rebounded significantly approaching previous highs. For these memes with consensus and popularity, whether you choose new or old projects, they may still have pump potential in the future. The recent pullback is actually a good opportunity for everyone to re-optimize their position. Especially for those AltCoins that remain inactive while BTC is reaching new highs, it is time to consider changing positions and close all positions.
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BlackRock defenderRWA is the future, OM, ONDO, TRU collectively pump, OM and ONDO are still so strong! NVIDIA's financial reports will be released next week, and Arizona should also be underway. You can prepare in advance for the AIzona coin: FET has not yet been launched, it has the greatest potential, the fall cannot continue, you can follow! RENDER is dedicated to CPU, you can follow! ARKM is related to Ultraman, you can follow! Value is never discovered by waiting for someone to find it, but is gradually recognized by the market as the price pumps.