5 Cryptocurrencies Set to Soar Before Christmas Eve 0 (0)

In the fast-paced world of digital currencies, a select few
are showing remarkable potential. As the holiday season nears, these five
cryptocurrencies might offer extraordinary returns on a modest investment. This
article explores the digital assets that could transform $500 into a
substantial fortune by Christmas Eve.

CYBRO to List Ahead of Schedule Following 450% Surge and
$7 Million Presale

CYBRO, the AI-driven multichain platform, is accelerating
its timeline for listing on major exchanges after a standout presale
performance. The platform raised $7 million and drew nearly 20,000
investors, positioning itself as a frontrunner in decentralized finance
innovation.

During its presale, CYBRO’s token price surged 450%,
climbing from $0.01 to $0.055. The token is set to debut at $0.06 on major
crypto exchanges including Gate.io, and the listing is planned on December
14th.

Be
part of CYBRO’s listing momentum before it unlocks the full potential

CYBRO aims to democratize access to decentralized finance
with tools such as staking, farming, and lending. Its presale marked key
milestones, including:

  • CYBRO
    App Launch: Over 30 vaults offering competitive APYs, tailored to diverse
    investor strategies
  • Blast
    Index Debut: A one-click investment feature that simplifies DeFi
    participation by integrating with lending protocols
  • Platform
    Growth: Laying the groundwork for a streamlined, user-centric DeFi
    ecosystem.

The platform’s roadmap through 2025 promises to build on its
foundation with advanced features such as leverage farming, lending
aggregators, and enhanced AI-powered tools.

CYBRO’s listing comes amid growing interest in AI-driven
financial platforms. With the momentum from its presale and a planned listing
price of $0.06, the project is set to draw increased attention from both retail
and institutional investors.

As CYBRO prepares for its market debut, its combination of
strong fundamentals and rapid growth positions it as one to watch in the
evolving DeFi landscape.

Prepare
for Lift-Off: CYBRO’s presale success is just the beginning

Bitcoin’s Upward Trend Signals Possible Break Above
$110,000 Resistance

Bitcoin is trading between $94,339.67 and $105,687.77,
continuing its upward movement with a 14.72% gain over the past month and a
52.22% increase in six months. The 10-day simple moving average is $100,794.02,
higher than the 100-day average of $98,638.73, indicating positive momentum.
The relative strength index stands at 57.60, suggesting room for further growth
before reaching overbought levels. The nearest resistance is at $110,331.88;
surpassing this could propel Bitcoin toward the second resistance at
$121,679.99. This potential rise represents an additional 10% to 15% increase.
Traders are watching these levels closely as Bitcoin shows signs of continuing
its upward trajectory.

Ethereum’s Upward Momentum Tests Key Resistance Levels

Ethereum is currently trading between $3643.14 and $4232.62,
showing strong momentum with a 16.52% increase over the past month. The
cryptocurrency is approaching its nearest resistance level at $4457.83.
Technical indicators like the MACD at 57.06 suggest bullish momentum, but the
RSI at 70.90 and Stochastic at 91.50 indicate overbought conditions. If the
upward trend continues, Ethereum could potentially rise to the second
resistance level at $5047.32, representing an increase of about 19%. However, if
the price fails to break the resistance, it may retrace to the nearest support
level at $3278.88.

Solana Shows Potential for Growth as Price Eyes
Resistance Levels

Solana’s price is currently between $219.27 and $251.07. In
the past month, it has risen by 3.51%, and over the last six months, by 61.12%.
The nearest resistance level is at $264.93. If the price moves above this
point, it could reach $296.73, an increase of around 18%. The nearest support
level is at $201.33; if the price falls below current levels, it may find
support there. The coin’s average price over the past 10 and 100 days is
similar, indicating stability. Indicators suggest the coin is not overbought.
If the positive trend continues, Solana could see further gains.

Cardano’s Rapid Rise Slows Down: Will ADA Keep Climbing?

Cardano (ADA) has seen impressive growth in the past month,
nearly doubling in price. Currently trading between just over one dollar and
around one dollar thirty, it is approaching the nearest resistance level at
$1.46. Technical indicators like the Relative Strength Index suggest that ADA
is in overbought territory, hinting at a possible price correction. The
Stochastic indicator also supports this. However, the MACD level shows
continued upward momentum. If the price breaks above the resistance level, it could
reach the next target at $1.73, representing a significant gain. On the
downside, the nearest support level is just below one dollar.

Conclusion

While established coins like BTC, ETH, SOL, and ADA have
shown steady growth, their short-term potential may be limited. In contrast,
CYBRO offers an exceptional opportunity for investors seeking significant
returns before Christmas Eve. As a sophisticated DeFi platform on the Blast
blockchain, CYBRO uses AI-powered tools to boost earnings through yield
aggregation. It provides high staking rewards, exclusive airdrops, and cashback
on purchases. Users enjoy smooth deposits and withdrawals, ensuring a seamless
experience. With a strong focus on transparency, compliance, and quality, CYBRO
has attracted notable interest from major investors and influencers. This
positions CYBRO as a standout project with unparalleled potential for
maximizing returns in the short term.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

This article was written by FL Contributors at www.forexlive.com.

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China November M2 money supply +7.1% vs +7.5% y/y expected 0 (0)

  • Prior +7.5%
  • New yuan loans ¥0.6 trillion
  • Prior ¥0.5 trillion

The year-to-date total for new yuan loans is now seen at ¥17.1 trillion and barring an unprecedented surge in December, it will fall far short of the 2023 record of roughly ¥22.8 trillion. For some context, this figure was ¥21.3 trillion back in 2022. It’s not too bright a side as new bank lending slows down in a crucial time when Beijing is trying to revive domestic demand conditions.

This article was written by Justin Low at www.forexlive.com.

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ECB’s Makhlouf: The direction of travel on interest rates is clear 0 (0)

  • The pace and number of further rate cuts will depend on inflation developments

I want to say that his comments are a bit incomplete for now as the ECB has clearly put more emphasis on the economy in their last two rate cuts, as opposed to the inflation story. But they can be happy that the disinflation trajectory is still largely intact I guess, even with a couple of bumps seen.

This article was written by Justin Low at www.forexlive.com.

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Dollar keeps more mixed on the session so far 0 (0)

The greenback is sitting up against the yen and pound but holding lower against the euro so far today. This comes as stocks are looking to bounce back with US futures up 0.3% but Treasury yields are lightly changed though. So, there is definitely some mixed sentiment in there.

Looking at USD/JPY first, the pair is up 0.5% to 153.40 levels now and I’d argue that this is more of an extension higher after the technical break earlier this week. The pair pushed above its 200-day moving average (blue line), opening up scope for further gains as buyers leaned on the key level during the week:

As for EUR/USD, the pair had just moved up to a high of 1.0495 in the past hour without any meaningful headlines to stoke the flames. But I want to point out the extremely large option expiries at 1.0500 as being a potential pull factor. So, there’s that.

Meanwhile, GBP/USD is down 0.2% to 1.2640 but that owes much to the softer UK October monthly GDP data from earlier. It reinforces the narrative that more sluggish economic conditions will eventually weigh on the BOE outlook and quicken the pace of rate cuts going into next year.

Besides that, the dollar is mostly little changed against the rest of the major currencies.

In broader markets, stocks are up but I want to say that Wall Street might have other ideas after the setback yesterday. The only time US stocks produced gains this week was after the critical US CPI report on Wednesday. So, there is a hint of caution there to the early gains we’re seeing thus far today.

Elsewhere, gold is down 0.6% to $2,665 as the rejection of the 25 November high of $2,721 looks to keep the December run higher in check for the time being.

This article was written by Justin Low at www.forexlive.com.

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