Bitcoin started December with a strong performance, setting the peak of the year 2023 at $42,154. Discussions have been ongoing for days about the possibility of an increase in investors’ risk appetite following the Binance agreement. At the same time, optimism about the decrease in speculative movements keeps demand alive and affects the expectations for 2024.
The ADA Coin price has finally surpassed the resistance area of $0.4, which has been a difficult obstacle for bulls for months. The long upper wick in the daily candlestick was related to the fluctuation in BTC price and ADA Coin sellers. Sellers trying to keep ADA Coin in a tight range are cutting off higher levels.
Bulls aim to raise the price by closing above $0.42 and turn it into support at $0.46, then test $0.52. Currently, Bitcoin supports the bulls, and updates on ETF filings also increase motivation.
The DOGE price passed $0.09 with today’s positive atmosphere but stalled again at $0.088. Both moving averages are upward sloping, and the RSI is not climbing towards the overbought zone, reflecting demand. The next tough resistance for bulls could be in the range of $0.1-0.11. It is hoped that $0.09 will act as support as Bitcoin enters a consolidation phase.
We mentioned how important December is for the LINK Coin. The staking pool is expanding, and bigger steps can be taken in the first half of next year. With increasing interest in the Swift partnership and the RWA field, there is no need to detail the potential of LINK Coin. From a technical analysis perspective, bulls have surpassed $16.60, and the uptrend continues.