Pepe Coin

United

<img width="1920" height="1080" src="https://coingape.com/wp-content/uploads/2023/12/altcoins-6.jpg" class="attachment-full size-full wp-post-image" alt="" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2023/12/altcoins-6.jpg 1920w, https://coingape.com/wp-content/uploads/2023/12/altcoins-6-300x169.jpg 300w, https://coingape.com/wp-content/uploads/2023/12/altcoins-6-1224x689.jpg 1224w, https://coingape.com/wp-content/uploads/2023/12/altcoins-6-768x432.jpg 768w, https://coingape.com/wp-content/uploads/2023/12/altcoins-6-1536x864.jpg 1536w, https://coingape.com/wp-content/uploads/2023/12/altcoins-6-678x381.jpg 678w, https://coingape.com/wp-content/uploads/2023/12/altcoins-6-150x84.jpg 150w" sizes="(max-width: 1920px) 100vw, 1920px">
Crypto price prediction: Investors are anxiously waiting for the approval of the spot Bitcoin exchange funds (ETFs) by the Securities and Exchange Commission (SEC) in the United States. The agency is expected to node to multiple ETF proposals in early January — a move likely to trigger a buy the rumor sell the news situation. 
The market has mainly been trading in a range over the last two weeks, with&nbsp;<a href="https://coingape.com/price/bitcoin/">Bitcoin price</a>&nbsp;hovering between $40,000 and $44,000. Select altcoin majors&nbsp;<a href="https://coingape.com/markets/solana-price-prediction-as-sol-breaks-resistance-to-chase-100/">Solana (SOL)</a>, Internet Computer (ICP), Injective (INJ), and more continue with the uptrend unbothered by the volatility across the market. 
Ethereum and other tokens like Cardano and XRP wobbled in response to investors taking profits, losing 3%, 1.3%, and 7.5% in a week. 
Although bulls managed to turn things around this week, as Bitcoin retested resistance at $44,000, the tension surrounding the approval of BTC spot ETFs is creating uncertainty among investors. 
<h2 class="p1" id="crypto-price-prediction-will-bitcoin-dump-after-etf-approval">Crypto Price Prediction: Will Bitcoin Dump After ETF Approval?</h2> 
The potential greenlighting of spot ETFs in the US is sending mixed signals with market participants, for instance, QCP Capital, a Singapore-based digital asset trading platform, suggesting that Bitcoin will top out in the region between “$45k-$48.5k” and possibly correct to $36,000 ahead of the next major uptrend. 
“It is likely that the actual demand for the bitcoin spot ETF at the start will fall short of market expectations,” QCP said in a note. “We expect topside resistance for bitcoin in the $45k-$48.5k region and a possible retracement to 36k levels before the uptrend resumes.” 
Bitcoin is currently trading slightly above $44,000 on Thursday during US business hours, up 3% on-day. It is on the cusp of a breakout above the red horizontal array on the daily chart, which could prop the breakout to $45,000 and extend it toward $48,000 later this weekend. 
<figure id="attachment_170609" aria-describedby="caption-attachment-170609" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-170609" src="https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20.png" alt="Bitcoin price prediction chart" width="2710" height="1454" srcset="https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20.png 2710w, https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20-300x161.png 300w, https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20-1224x657.png 1224w, https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20-768x412.png 768w, https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20-1536x824.png 1536w, https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20-2048x1099.png 2048w, https://coingape.com/wp-content/uploads/2023/12/BTCUSD_2023-12-21_15-30-20-150x80.png 150w" sizes="(max-width: 2710px) 100vw, 2710px">
 <figcaption id="caption-attachment-170609" class="wp-caption-text">
 Bitcoin price prediction chart | Tradingview
 </figcaption>
</figure> 
The Relative Strength Index (RSI) backs the bullish thesis. However, higher support at $44,000 is necessary for the continuation of the uptrend. 
In case traders lock in the gains afraid to ride the uncertain bullish trend, overhead pressure might weigh down on Bitcoin price such that it retests support at $40,000. 
Nevertheless,&nbsp;<a href="https://coingape.com/markets/bitcoin-price-awaits-breakout-as-blackrock-sec-duel-over-etf-listing-rules-can-bitcoin-touch-50k/">Bitcoin stands out</a>&nbsp;as one of the top cryptos to buy in December ahead of the approval of the ETFs. 
Recommended article:&nbsp;<a href="https://coingape.com/crypto-prices-today-btc-iotx-surge-as-pepe-coin-slips/?utm_source=24hrsupdatebitcoin">Crypto Prices Today: BTC, IOTX Surge As Pepe Coin Slips</a> 
<h2 class="p1" id="bonk-price-prediction-navigating-flag-breakout">Bonk Price Prediction: Navigating Flag Breakout</h2> 
Bonk is finally breaking out of a bull flag pattern which formed as the meme coin retraced from all-time highs of $0.000035. The correction also allowed BONK to consolidate within the flag, suggesting that the downtrend is gradually exhausting ahead of the next breakout. 
<figure id="attachment_170608" aria-describedby="caption-attachment-170608" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-170608" src="https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04.png" alt="Bonk price prediction chart" width="2710" height="1454" srcset="https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04.png 2710w, https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04-300x161.png 300w, https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04-1224x657.png 1224w, https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04-768x412.png 768w, https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04-1536x824.png 1536w, https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04-2048x1099.png 2048w, https://coingape.com/wp-content/uploads/2023/12/BONKUSD_2023-12-21_15-41-04-150x80.png 150w" sizes="(max-width: 2710px) 100vw, 2710px">
 <figcaption id="caption-attachment-170608" class="wp-caption-text">
 Bonk price prediction chart | Tradingview
 </figcaption>
</figure> 
A bull flag pattern is validated with the price breaking above the flag, which in Bonk’s case coincides with resistance highlighted by the 20 Exponential Moving Average (EMA) (in blue). A precise breakout target would be equal to half the distance of the flagpole, approximately 137.5% above the flag. 
Based on the RSI, consolidation may continue in the current session but a breakout could swiftly follow. 
<h2 class="p1" id="mina-protocol-price-prediction-as-mina-surges-12">Mina Protocol Price Prediction As MINA Surges 12%</h2> 
Mina Protocol is on the move again, soaring 12% in 24 hours to $0.935 at the time of writing. The meme coin has since mid-October increased in value by a whopping 166% and the latest breakout could blast it above the next key hurdles at $1.1 and $1.6, respectively. 
<figure id="attachment_170610" aria-describedby="caption-attachment-170610" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-170610" src="https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11.png" alt="Mina Protocol price chart " width="2710" height="1454" srcset="https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11.png 2710w, https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11-300x161.png 300w, https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11-1224x657.png 1224w, https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11-768x412.png 768w, https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11-1536x824.png 1536w, https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11-2048x1099.png 2048w, https://coingape.com/wp-content/uploads/2023/12/MINAUSD_2023-12-21_16-17-11-150x80.png 150w" sizes="(max-width: 2710px) 100vw, 2710px">
 <figcaption id="caption-attachment-170610" class="wp-caption-text">
 Mina Protocol price chart | Tradingview
 </figcaption>
</figure> 
The RSI at 67 and rising toward the overbought region, reinforces the bullish outlook. Support at $0.9 is required to validate the uptrend, as holders gain confidence to increase exposure to MINA. 
If <a href="https://www.coingecko.com/en/coins/mina-protocol">MINA</a> slides below the immediate $0.9 support, the path with the least resistance could quickly flip downwards, amid a spike in volatility and a sweep through lower levels like $0.78 and $0.58. Dips could prove profitable, especially with the expectations of a bull run in 2024. 
<h3 class="p1" id="related-articles">Related Articles</h3> 
<ul> 
 <li class="p2"><a href="https://coingape.com/markets/top-altcoins-to-buy-on-december-20-near-dia-avax/">Top Altcoins To Buy On December 20: NEAR, DIA, AVAX</a></li> 
 <li class="p2"><a href="https://coingape.com/markets/xrp-price-prediction-pattern-sets-xrp-for-26-rally/">XRP Price Prediction: Triangle Pattern Sets $XRP for 26% Breakout Rally</a></li> 
 <li class="p2"><a href="https://coingape.com/shiba-inu-shib-pepe-coin-pepe-and-bonk-scores-major-listing/?utm_source=24hrsupdateall">Shiba Inu (SHIB), Pepe Coin (PEPE), And BONK Scores Major Listing</a></li> 
</ul> 
The post <a href="https://coingape.com/markets/crypto-price-prediction-today-december-21-btc-bonk-mina/">Crypto Price Prediction December 21: BTC, BONK, MINA</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Crypto Price Prediction December 21: BTC, BONK, MINA

Tabla de contenidos

Coingape News Media

Otros artículos publicados el 21 dic 2023

Top 10 Reasons Why Massive Crypto Bull Run is Imminent in 2024

Minister Mehmet Şimşek gave a date for the Cryptocurrency Law!

US Third-Quarter GDP Trimmed to 4.9%, Jobless Claims Lower than Expected

CAKE Jumps 23% as PancakeSwap Unveils Plan to Reduce Total Supply

BC8.AI Launch by io.net Marks a Resounding Success

Marketing Experts Share Predictions for 2024: Sustainability and AI Take Center Stage

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!