Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

SUI PRICE ANALYSIS & PREDICTION (January 5) – SUI Prints New ATH Amid Rising Volume, Sees 22% Gains In A Month

After undergoing a short pullback some weeks back, SUI resumed buy a few days ago following a 15% gain in the last 24 hours. This puts the asset on the top-gainer spot, leading the daily altcoins recovery. SUI’s overall market structure remains bullish on the daily timeframe following a higher high and higher low formation in the past months. But during the mid-December crash, it took a short break in buying and pulled back to crucial rising trendline, which has been serving as support since August. Though the drop was not much compared to other large cap altcoins that corrected by over 50%. Respecting this support line, the price bounced back this week and broke higher following an impressive gain in the 24 hours. The latest breakout indicates a fresh buying phase, and as we can see on the daily chart, the bulls are set to claim more highs from a technical perspective. The only condition for bearish right now lies in a rejection of the latest move, which could bring a little slowdown in the bullish move. Looking back from where the price started to pick up in August 2024, SUI is up by over 10x ever since. More growth should be expected! SUI Key Levels To Watch Source: Tradingview There is no major resistance for SUI at the moment. The potential level to consider for a test is $6. Higher levels to watch above it are $7 and $8. Aside from the ascending trendline that provided support, the $4 level is a crucial horizontal support to watch for a drop. If the price dips below it, the lower level to keep in mind is $2.973, followed by $2.37. Key Resistance Levels: $6, $7, $8 Key Support Levels: $4, $2.973, $2.37 Spot Price: $5.17 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: loft39studio/ 123RF // Image Effects by Colorcinch NullTx

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Legal Expert John Deaton Condemns This XRP Notable Exclusion

John Deaton, a well-known attorney and former U.S. Senate candidate, has weighed in on XRP’s potential for 2025, citing prominent price forecasts. Deaton shared his views after Peter Chung, Head of Research at Presto, provided bullish predictions for several cryptocurrencies while excluding XRP from his analysis. In a recent interview, Chung predicted that Bitcoin could reach $210,000, Solana might climb to $1,000, and Ethereum’s price ratio to Bitcoin could increase from 0.03 to 0.05 by the end of 2025. However, XRP’s absence from his forecasts raised questions, especially considering the token’s notable achievements in recent months. Deaton Highlights the Token’s Strong Performance Reacting to the omission, Deaton emphasized XRP’s growing significance in the cryptocurrency market. He noted that the asset is the third-largest cryptocurrency by market capitalization, excluding stablecoins. He also pointed out that the token closed 2024 with significant gains, building optimism for its future performance. Deaton referenced an article from Barron’s that highlighted the token’s remarkable rally last year. According to the report, the token’s price surged from $0.55 on November 5 to $2.86 by December 3, marking a substantial increase. Diverse Predictions for Future Performance Several industry leaders have shared their predictions for XRP in 2025, with varying levels of optimism. Arthur Azizov, CEO of B2BinPay, suggested that the token could trade between $5 and $7 in the early part of the year, citing Ripple’s technological developments and the favorable market conditions following the U.S. presidential election. Hani Abuagla, a crypto analyst at XTB, provided a broader forecast, suggesting that the token’s price could range from a conservative $5 to an ambitious $100. Abuagla believes regulatory developments, particularly under a potential Trump administration, could help shape the token’s future. Ryan Lee, a researcher at Bitget, offered a balanced outlook. He predicted that XRP could trade within an average range of $1.8 to $8.4. He also expressed optimism that the token might surpass $10 if favorable conditions persist throughout the year. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Reactions and Current Status The wide range of predictions has sparked debate within the crypto community. While some analysts remain optimistic about the asset’s potential, others argue that its recent rally to $2.86 in December may have marked a peak. Deaton refrained from offering his forecast but underscored the importance of the token’s current market performance. Currently trading at $2.39, the asset reflects a 3.76% increase over the past 24 hours. It has solidified its position as the third-largest cryptocurrency by market capitalization, with a market value of $137.26 billion. The token’s absence from Presto’s predictions has reignited discussions about its potential in the cryptocurrency market. While forecasts vary, the token’s strong 2024 performance has left many investors and analysts optimistic about what lies ahead in 2025. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Legal Expert John Deaton Condemns This XRP Notable Exclusion appeared first on Times Tabloid . NullTx