The US election dust has settled, with Trump's overwhelming victory, making him the 47th President of the United States. After Trump's election victory, the US dollar, stock market, and currency market all rose, with the Dow Jones Industrial Average closing up 3.57%, the S&P 500 index up 2.5%, and the Nasdaq up 2.9%, all reaching new highs.
BTC has reached $75,000, Ethereum has surged to $2,800, and SOL has reached $191, creating a thriving scene. With Ethereum's strength, the MEME leader NEIRO has taken the lead, and the staking leader LDO has also seen a 40% surge. Other ecosystems like ENA have also seen strong takeoffs. Once the market sentiment arrives, you need to hold on to your positions and not get washed out.
There is no pressure above BTC now, and the current turnover rate and entry rate are still very high. Even a slight selling pressure is quickly absorbed. The long-awaited dip-buying opportunity has never materialized, and the current FOMO-driven rally is too crazy. It's easy to catch the top now, and the correction could be fierce, unless you were already on board from the start. Short-term trading may not be suitable for the current market, let's wait for the next dip-buying opportunity in the spot market! After the election.
The bull market has arrived! Bitcoin hits new highs, these Altcoins will see 100x surges!
OP
OP's trading price is between $1.26 and $1.70, and it has shown signs of stabilizing after a recent decline. The Relative Strength Index (RSI) is 52, indicating a neutral momentum that may lean bullish. The Stochastic Oscillator is at 82.40, suggesting the token may be approaching overbought territory, which often precedes a price increase. Breaking the recent resistance at $1.97 would allow OP to target the next resistance at $2.42, implying a potential upside of around 40% from current levels.
Despite a 14% drop in the past week and a 13% drop in the past month, the expected Altcoin season may ignite new interest and growth in OP.
ONDO
Ondo (ONDO) is currently trading between $0.56 and $0.72. Although it has seen a slight decline over the past month, the token shows signs of potential growth. If it breaks above the $0.82 resistance level, it may target the next resistance at $0.98, implying an upside of over 30%. The Relative Strength Index is 53.93, indicating neutral momentum, while the Stochastic Oscillator around 80 suggests an uptrend. With the 10-day and 100-day simple moving averages converging, ONDO is primed for a breakout.
With the Altcoin season approaching and the global cryptocurrency bull market on the horizon, ONDO may see significant gains.
JUP
Jupiter's price has been fluctuating between $0.79 and $1.03, showing signs of strong momentum. Over the past month, the price has increased by 18.20%, indicating a bullish trend. The Relative Strength Index is 60.80, suggesting further upside potential before reaching overbought territory. If JUP breaks above the recent resistance at $1.18, it may climb to the next target of $1.42, representing an increase of over 30% from current levels. The Stochastic value of 83.27 supports this optimistic outlook.
With the Altcoin season approaching and the potential global cryptocurrency bull market, Jupiter may see substantial gains.
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