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This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) While altcoins such as XRP, SOL, and BNB have made new records since November 2024, Ethereum continues to struggle with a modest 3% price increase this week. Buyers managed to defend the support at $3,300 but were unable to push ETH much higher. The underwhelming performance of ETH in this cycle is raising many questions from the market as to why its price action is lagging so much compared to other major altcoins. Even Bitcoin outperformed Ethereum in the past few years. Looking ahead, optimism around Ethereum could return if its price manages to break above $4,000, which is a key resistance. The ETH all-time high is found at $4,868, and bulls will have to move the price above that if they want excitement to return to this cryptocurrency. Chart by Tradingview Ripple ( XRP ) XRP made history this week by matching its 2017 ATH of $3.4. This pushed the price to close the week with a mind-blowing 41% rally. Buyers are clearly in full control of the price action, and the next major target on the chart is found at $3.6. If they manage to keep XRP above $3.3, then the asset will enter price discovery. Looking ahead, XRP just entered a very exclusive club of altcoins that reached its previous record price in this cycle, joining BNB and SOL, which made a new record in late 2024. While sellers could return at this historic price, it is too early to tell if the rally is just beginning or may take a pause here. Chart by Tradingview Cardano (ADA) ADA had an excellent week after its price increased by over 15%. This comes after buyers defended the price well at the $0.9 key support. However, to maintain the current momentum, the asset will have to break the resistance at $1.3. Considering that major altcoins in the top 10 are turning bullish, Cardano has a good chance to follow and rally much higher as soon as it breaks the key resistance. The momentum favors bulls right now, but the buy volume needs to increase since it has been flat in the past few weeks. Looking ahead, Cardano has a good chance to escape its current consolidation range between $0.90 and $1.3. As soon as the price leaves this area, the bullish momentum can intensify again. Chart by Tradingview Binance Coin (BNB) Buyers successfully defended the support at $691, which allowed BNB to close the week in the green with a 3% price increase. At the time of this post, the asset is above $700 and only 11% away from the all-time high of $794. The momentum is clearly bullish, and higher highs are likely. If Binance Coin goes above $794, then it will enter price discovery, which could increase volatility and see it quickly rally much higher. The most important psychological target in such a scenario will be found at $1,000. Looking ahead, this cryptocurrency is well-placed to dominate in the coming weeks and continue its excellent performance from 2024 into 2025. The most important level on the chart right now is $794. Watch it closely, as it will determine where BNB will go next. Chart by Tradingview Solana (SOL) Solana had a great week, closing it with a 12% rally. The price has been bouncing between $180 and $210 in the past three weeks, and this most recent rally has a good chance of seeing SOL leave this range and go towards $240, which is the current resistance. A look at the chart below shows that SOL has made a higher low, and if this bullish trend is maintained, then the expectation is that the price will eventually make a higher high to exceed the current record at $264. Looking ahead, Solana may be preparing for the next major rally that can see excitement return around it. Considering that a few major altcoins just made a new record price, Solana and others, like BNB, could be next. Chart by Tradingview The post Crypto Price Analysis January-17: ETH, XRP, ADA, BNB, and SOL appeared first on CryptoPotato .
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Bitcoin strategic reserve bill introduced in Wyoming
Wyoming`s move could set a precedent for other states, potentially increasing public fund diversification into digital assets nationwide. The post Bitcoin strategic reserve bill introduced in Wyoming appeared first on Crypto Briefing . Crypto Potato
Ethereum Season Price Predictions: Chainlink, Uniswap And Remittix Which Is Set For 50x Gains This Year?
The cryptocurrency market is facing some volatility, with several tokens seeing declines in their prices. Although market analysts Javon Marks and Poseidon have made bold forecasts for leading cryptocurrencies like Ethereum (ETH) and Dogecoin (DOGE), these major altcoins are currently experiencing a downturn. Remittix (RTX), a swiftly rising initial coin offering (ICO) with ambitious goals to create the first crypto-to-fiat exchange globally, is drawing considerable attention. Emerging as a groundbreaking platform focused on international payments, Remittix (RTX) is set for substantial expansion in 2025. UNI`s Growth Boosted by Open Interest and Ledger Live Partnership To facilitate smooth exchanges of major cryptocurrencies on a self-custody wallet, Uniswap Labs plans to integrate its trading API with Ledger`s live platform. This collaboration aims to enhance DeFi accessibility on the Ethereum blockchain, allowing users to swap tokens on Uniswap`s protocol directly from the Ledger Live interface while maintaining full control over their assets. Created by Ledger, Ledger Live is a platform that ensures users have complete command over their holdings, enabling them to buy, sell, and trade digital assets through various companies. Following the announcement, UNI saw a rise of over 7%, now trading above $13, with expectations of recovering from recent downturns alongside other major cryptocurrencies. Significantly, UNI`s open interest has surged in the past four days, increasing by more than 40% from 19.53M UNI to 27.57M UNI. Open interest represents the total number of outstanding contracts in a derivatives market. Given these developments, analysts are forecasting a significant rise for the token in 2025. Chainlink`s LINK Projected to Fall Due to Declining Whale Activity Chainlink`s LINK has seen an 87% increase over the last month, reaching a three-year peak. Currently, the token is adjusting to the general downturn in the crypto market, trading at $21.18, which is a 2.15% increase over the past week. However, data from Santiment indicates a reduction in whale activity for Chainlink`s LINK. This drop signifies a shift in sentiment among large LINK token holders, suggesting that major investors are either reducing their positions or cashing out their profits. If whale activity stabilizes or reverses, Chainlink could see a price recovery and renewed accumulation. Conversely, if the bearish trend continues, LINK might face further consolidation or a decline in the near term. Consequently, investors are gravitating towards Remittix, which is gaining traction in the crypto community even while still in its public presale phase. Analysts Anticipate 50x Returns on RTX Focusing on utility-driven projects that could disrupt existing industries, Remittix (RTX) represents the next evolution in cryptocurrencies. Remittix aims to tackle inefficiencies in the $180 trillion cross-border payment industry by combining cutting-edge blockchain technology with traditional banking models. The meticulously designed $RTX token, central to this platform, is essential for staking, governance, and platform rewards. With a capped supply of 1.5 billion tokens, RTX is swiftly becoming a highly coveted asset. Platform users can send money directly to bank accounts worldwide after converting over forty cryptocurrencies into fiat, streamlining the process by eliminating hidden fees, offering instant transfers, and often providing better rates than traditional banks. Moreover, businesses can leverage the Remittix Pay API to accept crypto payments and facilitate fiat settlements. By enabling retailers to manage digital assets effectively, Remittix is laying the groundwork for a more inclusive and adaptable financial ecosystem. Positioned as a superior alternative to traditional payment providers like Stripe and Wise, as well as crypto-only platforms such as Coinbase Wallet, Remittix bridges the gap between crypto and fiat. It ensures accessibility and inclusivity for businesses and individuals by supporting over 50 crypto pairs and more than 30 fiat currencies, thereby simplifying global commerce with its extensive range of options. Additionally, the platform`s transparent flat-fee model offers cost savings and clarity over the high fees and poor exchange rates typical of conventional banks. This strategy guarantees that recipients receive the full amount sent, positioning Remittix as a transformative force in the payment industry, where opaque practices are regrettably common. Currently priced at $0.0207 during its presale, the RTX token presents an enticing investment opportunity. Predictions suggest significant growth, with expectations of a 25x multiplier during the presale phase and more than 1,500% gains post-launch, driven by the increasing demand for innovative cross-border payment solutions. Explore the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Crypto Potato
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AI predicts Chainlink (LINK) price for Q1 2025
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