Commodity Markets: Bitcoin, Bonds, DXY, Gold, Silver, Ore, Copper, Uranium, Oil, Gas. Elliott Wave
By
tradinglounge,
in Commodities
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The Usual Protocol is rewriting the rules with USD0, a stable coin powered by $USUAL a governance token that puts ownership in the hands of its community. Revenue-tied value. Decentralized governance. Sustainable growth. Could this be the future of stablecoins? #CryptoCommunity #Stablecoin #DecentralizedFinance -
The recent market dip in $BTC has sparked discussions around whale activity, likely trapping traders before the next significant move upward. Such corrections are common and often serve to reset liquidity, paving the way for stronger gains. With Bitcoin dominance still below 59%, altcoins are seeing opportunities to reclaim ground and potentially exceed previous levels. It's crucial to zoom out and appreciate the long-term growth, as small setbacks often lead to substantial leaps forward. Meanwhile, the much-anticipated $4EVER token is set to debut on BingX with the following schedule: Deposit Time: 2024-12-10, 07:00 (UTC+0) Trading Time: 2024-12-12, 09:00 (UTC+0) Withdrawal Time: 2024-12-13, 09:00 (UTC+0) Don't miss the massive listing carnival pool featuring the 4EVER/USDT trading pair. As always, DYOR before trading. -
By Crypto_Dec0ded · Posted
Tezos (XTZ) is expected to recover and reach around $2 by 2024. By 2030 the price of Tezos might surge to as high as $4.70, driven by adoption and technological advancements. Tezos is a groundbreaking blockchain platform that emphasizes decentralized governance and continuous protocol upgrades. Its native token, XTZ, is essential for staking, voting on protocol changes, and rewarding developers who contribute to its ecosystem, ensuring the platform remains adaptable and future-proof. Furthermore, Tezos was a trailblazer in adopting the liquid proof-of-stake (LPoS) consensus mechanism, offering enhanced flexibility and efficiency in network staking. For a more detailed analysis of Tezos' future price movements and what might be ahead, check out the comprehensive Tezos price prediction article. Overview Trading Views Tezos has seen a sharp upward movement leading into December, reaching highs close to $1.80. However, there has been a significant pullback over the last few days, with the price currently hovering around $1.40, indicating a correction after the recent rally. The price is testing support around the $1.40 mark, which could act as a potential floor if the price consolidates here. If this support level holds, we could see the price stabilize or start moving upward again, especially if market sentiment shifts back positively. Renowned crypto trader believes Tezos (XTZ) is primed for a breakout, with $2 on the horizon and $4 potentially closer than most anticipate – a move that could take many by surprise! Is Tezos (XTZ) a Good Long-Term Investment? Tezos could be a promising long-term investment, particularly during its current dip, with significant growth potential once the market enters a bull phase. The platform’s support for decentralized finance (DeFi), decentralized applications (dApps), and NFTs positions it as a valuable asset in the evolving blockchain space. However, it's essential to stay informed and base investment decisions on thorough research and analysis. What do you think about Tezos’ future? Is target achievable soon?
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