A closely followed crypto strategist says Bitcoin ( BTC ) is forming a bullish pattern similar to what was witnessed earlier this year before sparking massive surges. Analyst Justin Bennett tells his 115,700 followers on the social media platform X that Bitcoin formed an ascending channel on the daily chart in Q1 of this year when BTC was trading at around $36,000. An ascending channel is typically viewed as a bullish pattern as it suggests that an asset is printing higher highs and higher lows. According to Bennett’s chart, Bitcoin briefly traded below the pattern’s diagonal support in February before igniting a 2x rally in just a few months. “We’ve seen BTC channels like this before, like this one in Dec-Jan of last year, right before Bitcoin doubled in price. I doubt this time is different.” Source: Justin Bennett/X Bennett says that Bitcoin is flashing a similar pattern now and that BTC may be able to ignite renewed rallies if it reclaims the $100,000 price area as support. “Although I think dips are for buying (spot), the highest conviction perpetual long will materialize on a reclaim (daily chart+) of the area between $99,000 and $102,000. Do that, and $110,000 and $120,000 are next in 2025 in my opinion.” Source: Justin Bennett/X Based on the trader’s chart, he seems to suggest that BTC bulls need to defend support at $95,700 for Bitcoin “to remain constructive.” At time of writing, Bitcoin is trading at $95,889. 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: DALLE3 The post Bitcoin Flashing Bullish Pattern That Led to 100% Rally Earlier This Year, According to Analyst Justin Bennett appeared first on The Daily Hodl .
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Over 372M Qubetics Tokens Sold as XRP and SUI Prepare for Explosive Growth
Best Cryptos to Buy Now With Over 372M Qubetics Tokens Sold at $0.0377 While XRP Targets $3–$7.5 and SUI Surges 231% The crypto market is buzzing with activity as December 2024 unfolds. XRP, Ripple’s native token, has seen significant whale activity, suggesting a major price move ahead. Large-scale purchases by whales indicate growing confidence in XRP’s future, with potential price targets of $3 to $7.5 by 2025. Similarly, SUI, the native token of the Sui Network, has experienced a remarkable surge, with its price pumping 231% over the past year. Dubbed the “Solana killer,” SUI’s growth is attracting attention from investors seeking the next big opportunity in crypto. Amidst these developments, Qubetics ($TICS) is making waves by addressing challenges that earlier cryptocurrencies have struggled to overcome. By focusing on user-friendly solutions and seamless integration with existing financial systems, Qubetics aims to make cryptocurrency transactions as straightforward as traditional payment methods. This approach not only simplifies the user experience but also bridges the gap between digital and fiat currencies, fostering broader adoption among businesses and individuals. Qubetics ($TICS): Revolutionizing Digital Transactions Qubetics is on a mission to streamline digital asset management with its Non-Custodial Multi chain Wallet. This innovative wallet integrates seamlessly with major financial platforms like Apple Pay and Google Pay, making crypto transactions as simple as swiping a card. By eliminating the complexities often associated with digital assets, Qubetics is paving the way for everyday use of cryptocurrencies. Imagine a freelancer working with clients worldwide. With Qubetics, they can receive payments in various cryptocurrencies, which are automatically converted into their preferred fiat currency at the point of sale. This feature protects them from market volatility and ensures they receive the exact amount expected, without the need to manually convert or worry about fluctuating exchange rates. As of now, Qubetics is in its 14th presale stage, having sold over 372 million tokens to more than 11,500 holders, raising upwards of $7.5 million. Tokens are currently priced at $0.0377, with a 10% price increase anticipated in the upcoming 15th stage this weekend. This presents a timely opportunity for investors to join before the next price surge. Ripple (XRP): Whale Activity Signals Potential Surge XRP, the digital asset associated with Ripple, has recently garnered significant attention due to increased whale activity. Large investors have accumulated substantial amounts of XRP, indicating a bullish sentiment and the potential for a significant price movement. For instance, consider a scenario where a major financial institution decides to adopt Ripple’s technology for cross-border payments. This move could streamline their operations, reduce transaction costs, and expedite processing times. Such real-world applications highlight XRP’s utility and its potential to revolutionize traditional financial systems. Market analysts have responded to this whale activity with optimistic forecasts for XRP’s future. Predictions suggest potential price targets of $3 to $7.5 by 2025, based on current accumulation trends and investor confidence. SUI (SUI): A Rising Star in the Crypto Space SUI, the native token of the Sui Network, has been making significant strides in the cryptocurrency market. Over the past year, SUI’s price has surged by 231%, reflecting growing interest and investment in the platform. Imagine a tech startup looking to develop a decentralized application (dApp) with high throughput and low latency. By building on the Sui Network, they can leverage its scalable infrastructure to deliver a seamless user experience, accommodating a growing user base without compromising performance. Analysts are optimistic about SUI’s future, with some predicting that the token could reach new all-time highs in the coming months. This positive outlook is supported by the network’s expanding ecosystem and increasing adoption. Wrapping It Up The cryptocurrency landscape in December 2024 presents a variety of promising opportunities. Qubetics is simplifying digital transactions with its user-friendly wallet, XRP is showing potential for significant growth due to increased whale activity, and SUI is emerging as a strong contender in the crypto market with its impressive price surge. Based on the latest research, we recommend considering Qubetics ($TICS), Ripple (XRP), and SUI (SUI) as some of the best cryptos to buy in December 2024. For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . The Daily Hodl
Dogen Set for Unprecedented Lift-Off While FLOKI and SHIB Battles Shift Patterns
An emerging cryptocurrency is gearing up for a remarkable surge, hinting at significant shifts in the digital asset arena. As established tokens grapple with changing trends, attention is turning to this new contender. The developments ahead could alter market perceptions and ignite fresh interest among investors and enthusiasts. DOGEN: The Ultimate Memetoken for Real Alphas Who Always Win Imagine living a dream life — posh cars, fat stacks of cash, and women who turn heads. That’s the DOGEN lifestyle ! If you’re the kind of guy who’s always looking to level up, you need to check out DOGEN. This meme token is for the real alphas who always win . HODL Like a Beast, Dominate the Market This thing is about to explode! We’re talking about a 700% surge before the presale even wraps up — and that’s just the beginning. DOGEN is heating up to those insane thousand-fold gains that memetokens are famous for this season. Get in early, and watch the others try to keep up while you’re already at the top! Missed Out on WIF, Popcat, or Ponke? DOGEN is the new alpha on the Solana blockchain , running with the big dogs like BONK, WIF, and Popcat — all of which blew up with 1000% gains at some point. Right now, DOGEN’s flying under the radar, but it’s about to set new records in this bull run. You don’t want to miss out on this one. Got that DOGEN spirit? Good, ‘cause they’re holding an airdrop ! All you gotta do is flex on social, stack tokens during the presale, and start building your DOGEN army with your referral link. For every recruit, you’ll be snatching a fat 20% of their Golden Points from token buys. So what are you waiting for? Grab some DOGEN and dominate the crypto world! Floki: From Meme Coin to Utility Token with Real-World Applications Floki, inspired by Elon Musk’s June 2021 tweet about naming his Shiba Inu “Floki,” began as Floki Inu coin but has evolved beyond a meme coin. It provides utility and charity, such as building schools in countries like Laos and Nigeria. Recognized by The Economic Times as a top meme coin to buy in 2023, Floki has projects like the NFT metaverse game Valhalla and DeFi service FlokiFi. Its partnership with NOWPayments and the Floki Card allow tokens to be used for real-world transactions. This diversification into NFTs, DeFi, and real-world use differentiates FLOKI from other meme coins. The coin may appear attractive in the current market cycle due to its expanding utility. Shiba Inu (SHIB): An Ethereum-Based Memecoin with Growing Utility Shiba Inu (SHIB) is a cryptocurrency launched in August 2020 by an anonymous developer named Ryoshi. Inspired by Dogecoin, SHIB operates on the Ethereum blockchain, enhancing its compatibility within Ethereum’s ecosystem. The coin started with a total supply of 1 quadrillion tokens, half of which were sent to Ethereum co-founder Vitalik Buterin. Buterin donated a significant portion to the India Covid Crypto Relief Fund and “burned” 40% of the total supply, reducing circulation. Unlike Dogecoin, SHIB aims for broader utility by developing platforms like ShibaSwap, a decentralized exchange, and plans for a future NFT platform and governance system. Its integration with Ethereum allows for potential growth in decentralized applications. Conclusion While FLOKI and SHIB show shifting patterns and may have less short-term potential, DOGEN emerges as a standout. Designed for those seeking luxury and success, DOGEN anticipates 700% growth by presale’s end, with potential for massive returns. Following successful tokens like BONK, DOGEN builds a community of market leaders, offering real benefits and exclusive perks for early adopters. Site: https://dogen.meme/ Twitter: https://x.com/dogenmeme Telegram: https://t.me/Dogen_Portal Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . The Daily Hodl