Crypto Market Holds Strong Above 3 Trillion$


The cryptocurrency market remains resilient, maintaining a 3.28 trillion$ market cap despite a recent $16 billion dip.


Market Highlights

*/ Bullish Indicators: The Parabolic SAR suggests continued upward momentum. If bullish trends hold, the market cap could reclaim its all-time high of 3.36 trillion$ , but slipping below 3 trillion$ risks a drop to $2.72 trillion.


#Bitcoin at Resistance

*/ Price: Bitcoin trades at $98,152, facing resistance at $99,000 after peaking at $99,419.

*/Support: $BTC ’s floor is at $88,630, with rising trading volume indicating increased selling pressure. Renewed demand could push BTC to new highs.


#Stellar $XLM Leads Losses

*/ Price Drop: XLM fell 10%, trading at $0.51 after a $0.63 peak, driven by profit-taking.

*/ Key Levels: A break below $0.50 risks a slide to $0.42, while strong buying could reclaim its $0.63 high.


With bullish signals and steady performance, the crypto market shows potential for recovery and further growth.

#BTC Price Analysis#

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November 25, 2024 at 9:31 AM
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