Coinedition
Japan’s mixed economic data signals cautious optimism amid uncertain growth. Indonesia’s consumer confidence drops, reflecting potential inflation concerns. South Korea’s rising bond yields may signal tighter monetary policies ahead.
Shiba Inu faces critical resistance at $0.0000028, a key hurdle for bulls. A drop below $0.0000022 could signal a bearish trend with further downside. RSI indicates Shiba Inu may be overbought, suggesting a potential price correction.
Elon Musk and Cathie Wood back deregulation and tech innovation as drivers of U.S. economic growth. Wood proposes loosening regulations on sectors like crypto and technology to foster innovation. The crypto industry hopes for favorable policies under the incoming Trump administration.
Bitcoin dip-buying interest surges, reaching the highest levels since April 2024. Key Bitcoin support lies at $92K, resistance at $97.5K, and $100K psychological barrier. RSI and MACD hint at potential recovery if Bitcoin sustains above $96,000 levels.
Ripple and other crypto firms back Trump’s inauguration with significant donations. Crypto leaders hope for regulatory clarity under Trump’s pro-crypto stance. Experts warn Trump’s limited policy window could affect crypto market stability.
2025 could become an extremely bullish era for AI solutions and Bitcoin. Critical metrics support a vertical move for Bitcoin and AI tokens in 2025. Bitcoin rallied over 160% in 2024 following multiple ETF approvals.
Fear and Greed Index reads 62, translating to “Greed” in the market. The Bitcoin weekly RSI suggests that demand is still very high for BTC. Altcoins are undergoing a brief correctional phase after reaching overbought levels.
SUI’s strong upward momentum signals potential further gains if it stays above $4.50. ADA’s price nearing $1.00 suggests bullish momentum but risks profit-taking. LINK’s rally could face resistance at $25.00, with consolidation around $23.00.
XRP can skyrocket to the $6 price level if the Elliott Wave Theory holds true. XRP is undergoing a correctional phase which will be over soon, as per an analyst. The altcoin has surged 3% in the 24 hours and eyes $2.5.
U.S. crypto regulations shift towards pro-crypto policies, boosting market growth. Stablecoins’ market value surged to $193B, with projections to hit $3T by 2030. DeFi matures with more integration into traditional finance, enhancing efficiency.
