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Cryptocurrency News Articles
Santa Claus Rally Incoming! BlockDAG Eyes $1 & Releases Whitepaper V3, Monero Gains 50% & Litecoin Price Bullish After Dip
Dec 21, 2024 at 09:00 am
Between 2014 and 2023, the crypto market got into the holiday spirit with a “Santa Claus Rally” eight times in ten years. During the post-Christmas week, total crypto market capitalization grew up to 11.87%!
The holiday spirit is palpable in the crypto market once again as the “Santa Claus Rally” unfolds for the eighth time in ten years between 2014 and 2023. During the week following Christmas, the total crypto market capitalization experienced a surge of up to 11.87%!
As the market prepares for another Santa Claus Rally this year, several cryptocurrencies are positioned for impressive gains, including Monero (XMR), Litecoin (LTC), and BlockDAG (BDAG).
Monero’s relentless focus on privacy has fueled a 50% surge over the past month. Meanwhile, Litecoin’s price resilience following a 13.59% weekly dip has set the stage for a potential 15% upside.
At the heart of the holiday excitement is BlockDAG. The advanced DAG-based technology and EVM compatibility, outlined in its new Whitepaper V3, offer unparalleled scalability and developer ease. Analysts are now betting big on its $1 price prediction, as the crypto market enters its most exciting time of the year!
Monero (XMR) set for gains during Santa Claus Rally
Monero (XMR) is grabbing attention as the cryptocurrency market anticipates a Santa Claus Rally. The privacy-focused coin has already gained nearly 50% over the past month, with its price oscillating between $172 and $250. Analysts believe XMR could potentially break through its resistance at $278, which may propel it toward $356 if the rally gains momentum.
Technical indicators like the RSI and Stochastic suggest the asset is currently oversold, hinting at a possible rebound. Monero (XMR) has cemented its place as a leader in secure, anonymous transactions, which remains a key driver of its appeal.
Litecoin price bullish despite a 13.59% dip
The Litecoin price is under scrutiny as it stabilizes between $103 and $136.79. After dipping 13.59% in the past week, Litecoin’s price has demonstrated resilience, showing nearly 40% monthly growth and a 60% six-month increase. Analysts predict a potential 15% upside if the Litecoin price breaks past its $152 resistance.
Market indicators, including the RSI at 40.49 and Stochastic at 18.92, suggest Litecoin may be nearing oversold conditions, providing an opportunity for bullish momentum. As the holiday season drives the Santa Claus Rally and renewed trading interest, Litecoin’s reputation for fast and cost-effective transactions positions it as a potential winner during this period.
BlockDAG’s Whitepaper V3 & $1 forecast spark holiday profits
BlockDAG is on the verge of a breakout moment during the anticipated Santa Claus Rally, leveraging its developer-first blockchain infrastructure to gain significant attention.
The recent Whitepaper V3 release highlights BlockDAG’s advanced Directed Acyclic Graph (DAG) technology, paired with seamless Ethereum Virtual Machine (EVM) compatibility. Developers are drawn to its one-click deployment capabilities via tools like Remix, Hardhat, and Truffle, which streamline decentralized application (dApp) launches while ensuring scalability and efficiency.
Rock-solid presale numbers further bolster BlockDAG’s momentum with over $169 million raised and more than 17.4 billion BDAG coins sold. The current coin price sits at $0.0234 in presale batch 26, delivering an impressive 2240% ROI to early traders. Analysts speculate that BlockDAG’s unique features and recent developments could drive a surge in activity during December’s Santa Claus Rally, potentially pushing BDAG coin’s price to $1 by next year.
Don’t miss the holiday crypto surge!
The Santa Claus Rally is already sparking momentum, and the market’s biggest players are stepping up. Monero could potentially rise to $356, Litecoin’s price is ready for a breakout, and BlockDAG’s transformative potential could push its price up from the current $0.0234 to $1 by next year.
Holders are flocking to BlockDAG’s presale after a successful Whitepaper V3 release that details its disruptive DAG-tech and EVM compatibility. But the opportunity to secure BDAG at $0.0234 before it surges further is closing fast. This holiday season could be the turning point traders have been waiting for—if they move before the rally passes them by!
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