MoveApp priceMOVE

Chainlink (LINK) plummeted to an intraday low of $19.99 last Friday as sellers attempted to drive it below support levels. However, it recovered from this level to register an increase of 2.62% and settled at $23.38. Buyers attempted a recovery on Saturday as LINK rose to an intraday high of $24.92. However, LINK lost momentum after reaching this level, allowing sellers to take control. As a result, the price dropped 5.51% to $22.09 before registering a marginal drop on Sunday to end the weekend on a bearish note. LINK made a strong recovery on Monday, surging over 11% to $24.53. Buyers retained control on Tuesday as LINK rose to $25.42 after registering an increase of almost 4%. unnamed - 2024-12-30T231239.243.png However, it could not move past the 20-day SMA, allowing sellers to take control on Wednesday. As a result, LINK dropped almost 4% to $24.42. Selling pressure intensified on Thursday as LINK fell over 7% to $22.66. Buyers retained control on Friday as LINK dipped below $22 to settle at $21.54. The weekend began with LINK registering an increase of 2.02% and settling at $21.97. However, it was back in the red on Sunday, dropping almost 5% and settling at $20.94. The current session sees LINK up nearly 2% as it rebounds from the 50-day SMA.$LINK

Solana (SOL) is struggling to build momentum and reclaim $200, as it comes up against significant selling pressure at that level. SOL slipped below $200 on Thursday (December 19) when it dropped to $193. Sellers retained control on Friday as SOL dipped to an intraday low of $175 before recovering and settling at $194. However, bearish sentiment returned on Saturday as SOL fell almost 7% to $181. A marginal drop on Sunday took SOL to $180. SOL started the previous week on a very positive note, registering an increase of 5.30% to move to $189. Buyers retained control on Tuesday as the price rose to $197. unnamed - 2024-12-30T230607.665.png SOL could only manage a marginal increase on Wednesday, thanks to selling pressure around the $200 level. SOL was back in the red on Thursday dropping 4.57% to $188. Sellers retained control on Friday as the price continued to drop, falling to $184 after a decline of 2.24%. Buyers returned to the market on Saturday as SOL surged over 6% to $195. However, it was back in the red on Sunday, dropping almost 3% to end the weekend at $189. The current session sees SOL marginally down as buyers and sellers struggle to establish control.$SOL $ME

Looking at the $SUI daily chart, it’s clear that Wave 4 has completed, and the price is now ranging, building up momentum for the next potential move toward Wave 5. The current consolidation zone around $4.16 is a critical area to hold, with key support levels sitting at $3.88 and $3.41. A breakdown below these levels could invalidate the bullish setup. On the flip side, the Fibonacci extensions point to possible Wave 5 targets at $6.38 and $6.92. If the price breaks out of this range with volume, these targets could be in play. Right now, it’s a waiting game as the structure develops—patience will be key.

$BGB A recent development was announced by the biggest cryptocurrency exchange, Bitget, it’s going to launch a $5 billion BGB token burn. The integration between BGB and Bitget Wallet’s BWB tokens will take away 40% of the total BGB supply. This follows the much-anticipated merger between the two tokens. It also published a refreshed version of the BGB token whitepaper, presenting the plan it has in place for increasing the token’s usability on its platforms. Bitget announced that it will burn 800 million BGB tokens to solidify its holistic token system. The value, at current market prices, is around $5 billion. It would do tranches burns, 20% of quarterly profits that the exchange of Bitget, as well as the wallet, will assign to it. All of the burns are on-chain. This ensures that each member in the community gets a view and holds them responsible. The crypto space is closely watching the decision to merge the BGB and BWB tokens. This move marks a historic step to harmonize operations and expand use cases. It happened right after community feedback, seeking integration towards offering better benefits, hence better token usability from their side.

$EARNM /USDT Analysis: A Consolidation Phase with Key Levels in Focus The EARNM/USDT trading pair is currently in a consolidation phase, trading within a narrow range as the market awaits decisive action. After recent price fluctuations, the pair is balancing between buyers and sellers, signaling the potential for an upcoming breakout. Key Market Insights 1. Support and Resistance Levels: The price is finding strong support in the 0.0163-0.0165 zone. This level has acted as a foundation, preventing further downside pressure. On the upside, 0.0172 is serving as immediate resistance. A break above this level could indicate bullish strength and a shift in sentiment. 2. Market Structure and Volume: The current sideways movement reflects indecision in the market, typical of consolidation periods. Traders often see this as a buildup phase before significant movements. Volume has been relatively low during this consolidation, suggesting that participants are waiting for a clear directional signal. 3. Potential Breakout Scenarios: If the price breaks and sustains above 0.0172, it could trigger bullish momentum, with a potential move toward higher resistance zones. Conversely, a breakdown below 0.0163 could signal bearish dominance, opening the door to further downside exploration. Outlook and Strategy EARNM/USDT is at a pivotal moment. Traders should monitor the price's interaction with the support and resistance levels closely. A breakout in either direction, supported by increased volume, will likely set the tone for the next trend. Patience and disciplined risk management are crucial in this phase of market uncertainty. This consolidation offers opportunities for traders who remain attentive and adapt their strategies to the market’s movements. Stay updated and ready to act as the market evolves!