A top analyst who accurately called the end of the 2022 crypto bull market thinks Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs.

Pseudonymous analyst Pentoshi tells his 826,200 followers on the social media platform X that ETH/BTC looks good after respecting its support at 0.30 BTC.

According to the crypto strategist, ETH/BTC may bounce to as high as 0.4597 BTC.

“Very promising start.

Let’s see if we can get to the target.” 

At time of writing, ETH/BTC is trading for 0.0373 BTC worth $3,563.

As for Ethereum against the dollar, Pentoshi thinks it is within the realm of possibility for ETH to surge above $4,000.

“No reason this doesn’t challenge this year’s highs, or higher in my opinion.

Which likely has confluence with the ETH/BTC target posted.”

He also thinks that the rally will be driven by investors allocating hundreds of millions of dollars in capital to ETH-based exchange-traded funds (ETFs).

“Starting to become more consistent for ETH. 

We could see a few $250-$500 million days at some point too in the near future for this [BlackRock ETH] ETF. Had a $91 million day just in the last week.

Probability of that you have to assume is very high and not far stretched at all.” 

Pentoshi is also keeping a close watch on the native asset of the graphics processing unit (GPU) rendering network Render (RENDER). The analyst says RENDER looks bullish after flipping a key resistance level at $8.10 as support.

“Was a very short wait, RENDER flipped it, retested, and confirmed on the four-hour [chart].

Structurally a great looking chart.” 

At time of writing, RENDER is worth $8.61, up over 8% in the past day.

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Overlooked altcoins like DOGEN, Kaspa, and Sui show explosive growth potential as the crypto market gears up for a bull run.

As the cryptocurrency market braces for a potential surge, a new breed of overlooked digital assets is catching attention. This article explores five little-known altcoins that could offer remarkable growth prospects. Delving into these hidden opportunities may unveil the next big movers in the crypto world.

DOGEN soars: Trump’s victory boosts its moonshot potential

Which the next meme coin set to join Elon Musk on the moon? Meet DOGEN, claimed to be the boldest, most fearless meme coin crafted for true alphas. With Trump’s recent election win electrifying the crypto market, DOGEN is ready for its journey to the stars, fueled by the excitement over cryptocurrencies and meme coins in particular.

Donald Trump’s embrace of crypto and his vision to make the U.S. a crypto powerhouse has set the stage. Pair that with Elon Musk’s unapologetic support for Dogecoin (DOGE) and the crypto market is primed for a wild ride. The bromance between these two iconic figures could be the catalyst that sends meme coins like DOGEN soaring.

Since the election results were announced, Dogecoin has surged from $0.15 to $0.39 in just a week, a massive 130% jump.

Meanwhile, DOGEN has followed with impressive momentum — from $0.0003 to $0.0009, boasting a 200% increase. And this is only the beginning. With 13 presale stages planned, DOGEN aims to reach $0.0019 by the token generation event (TGE), marking a colossal 500% rise from its starting value.

Interested investors can grab some DOGEN now.

The backbone of DOGEN is its strong and engaged community—an energetic group of investors ready to seize the next big opportunity. With over $2,000,000 already raised, DOGEN has proven its appeal among crypto enthusiasts.

Adding to its allure is DOGEN’s unique multi-level referral program, which rewards community participation:

• 7% in USDT from direct referrals
• 2% from second-tier referrals
• 1% from third-tier referrals

Interested investors should check out DOGEN today.

Kaspa: Positioned for growth

Kaspa is trading between $0.14 and $0.17, with a 23% gain over the past month signaling steady progress. Aligning with its 10-day and 100-day simple moving averages, KAS demonstrates stability. Resistance at $0.19 could be a key breakout point, potentially driving the price to $0.22. While the Relative Strength Index (RSI) is neutral, a high stochastic value suggests bullish momentum. Despite a 6% dip this week, the overall trend remains positive, with the potential for a 20% rise as the anticipated altcoin season boosts market sentiment.

The Sandbox: continuing its uptrend toward

The Sandbox has shown robust growth, surging 78% in the past week and 148% this month. Trading between $0.46 and $0.95, SAND nears the resistance level at $1.13. A breakthrough could push the price toward $1.62, offering significant upside. The RSI at 52.26 indicates moderate momentum, while a stochastic reading of 72.10 points to potential overbought conditions. Although the MACD shows slight bearish divergence, the prevailing upward trend suggests further gains, with optimism fueled by the expected altcoin season.

Sui: Eyeing gains amid market optimism

Sui is performing strongly, with its price rising 90% in the past month and an impressive 235% over six months. Currently trading between $3.06 and $3.82, it has support at $2.72 and resistance at $4.25. Technical indicators such as the RSI and MACD suggest continued upward momentum. A break past $4.25 could drive the price to $5.01, representing significant growth potential. Despite a 9% dip this week, Sui remains a strong contender during the anticipated altcoin season, with prospects of further gains as the crypto market strengthens.

Polygon: Building momentum for further upside

Polygon is trading within the $0.44 to $0.66 range, showing upward momentum with a 29% gain this week and 69% growth over the past month. The RSI at 61.60 reflects strong buying interest, while a stochastic reading of 86.18 indicates bullish sentiment. With resistance at $0.75, breaking this level could propel the price toward $0.96. The alignment of the 10-day and 100-day simple moving averages underscores sustained momentum. If support at $0.31 holds, Polygon is well-positioned to climb further as bullish market conditions persist.

Conclusion

KAS, SAND, SUI, and POL may have limited short-term potential. In contrast, DOGEN is crafted for those pursuing success, expected to grow 700% by presale’s end, with potential thousand-fold returns. Emulating BONK, WIF, and Popcat, DOGEN builds a community of alpha leaders. It offers real benefits, including exclusive campaigns and perks for early adopters.

To learn more DOGEN, visit the website, Twitter, and Telegram.

Bitcoin (BTC) price today trades at $97,072.0 on 11 AM. BTC price hit a daily high of $97,086.0 today after a 2.11% move on November 29.

Why Bitcoin Price Today Is Rising?

As mentioned, Bitcoin price today is up 2.11% after BTC crashed 8.88% and currently auctions around $97,072.0. Despite the recent drop, BTC shows signs of recovery and trades around $97,072.0. Many were seen preemptively celebrating Bitcoin hitting $100,000 on Friday, but the recent crash has revealed that BTC has other plans. Regardless, one thing is clear – investors are eager to see Bitcoin cross the historic six-digit level. While some altcoins are shooting up, most are waiting for BTC to cool off.

From the looks of it, Bitcoin price looks ready to recover and is showing signs of forming a local bottom.

*bitcoin price updated as of 11 AM.

Value of BTC trades at $97,072.0, bringing the year-to-date gain from 56% on October 20 to 120% as of November 29. The YTD performance has slumped due to the recent BTC crash. Although many altcoins have shot up over triple digits, Bitcoin is catching up. Ethereum price’s YTD performance is lackluster, stands at 45%, and is well below BTC.

Although Bitcoin is the largest cryptocurrency by market capitalization, Bitcoin’s popularity is due to its first-mover advantage and its being a secure, decentralized network. In addition, many narratives, like digital gold, inflation hedges, and uncorrelated assets, have kept BTC at the forefront of the crypto market since its inception in 2009.

BTC Price to Finish 2024 on Bullish Note

Industry veterans’ speculation of a bull run post-US elections was right, and Bitcoin is likely to end November 2024 on a positive note. Many even expect a six-digit target for BTC by the end of November, and this is due to the historical returns. History shows that Bitcoin has always performed massively in the fourth quarter.

With that said, if Bitcoin price hits a new ATH in November or December, Bitcoin’s market capitalization, which stands at $1,921.0 billion, could finally hit the $2 trillion mark.

Bitcoin’s Market Capitalization

While Bitcoin’s market cap hovers around $1,921.0 billion, with Ethereum, the duo controls nearly 65% of the total cryptocurrency market capitalization. Despite the seven-month consolidation, Bitcoin’s $1.93 trillion market cap remains strong, anticipating it reaching $2 trillion before 2025.

BTC: A composition of 24-hour Trading Volume

Being the top crypto has its benefits; more people tend to flock toward the asset. Likewise, BTC’s 24-hour trading volume stands at $43.3 billion. Binance, one of the largest cryptocurrency exchanges, contributes a major portion of this volume. Binance’s share of BTC’s 24-hour trading volume comprises spot and perpetuals trading. While spot volume hovers around 11%, perpetual volume is 41%. Exchanges like OKX, Bitget, etc, follow Binance.

Key Bitcoin Blockchain Updates

With a market cap of $1.93 trillion, it is necessary for the network to remain secure, decentralized, and scalable. This is possible by upgrading the Bitcoin network regularly.

Here are some notable upgrades the Bitcoin network has received or planned to receive since its inception in 2009.

Bitcoin Network Upgrades Since 2009

Here are some key milestone upgrades to the Bitcoin network over the past decade.