Weekly Price Analysis: No Santa Rally as Prices Range – CoinJournal

Weekly Price Analysis: No Santa Rally as Prices Range – CoinJournal

  • Expectations for a “Santa rally” have been dashed as costs of main cash traded sideways all through the festive week.
  • Spot crypto ETFs logged combined efficiency whereas open curiosity continued to fall throughout main cryptos.

Bitcoin

Bitcoin’s value fell from a weekly excessive of $99,859 to shut at $93,449. Nonetheless, the intermediate time-frame evaluation exhibits ranging motion that failed to interrupt the earlier week’s excessive or low.

In the meantime, Bitcoin spot ETF flows logged 4 consecutive days of web outflows main into Dec. 24. For the week ending on Dec 27, inflows have been a web unfavorable $89.70Mn.

Bitcoin’s open curiosity within the CME continues to dwindle with a robust value correlation as merchants shut their positions for the 12 months.

BTC trades at $93,970.06 as of publishing.

Ethereum

Ethereum’s value motion ranged all through the week on decrease volumes and open curiosity within the official markets and throughout main exchanges. Like Bitcoin, Ethereum’s value failed break under the earlier week’s low at $3,094.67 or a variety excessive at $3,550.80.

Spot ETH ETF flows present constructive web weekly inflows of $349.3Mn after logging 4 days of constructive inflows. Then again, open curiosity knowledge exhibits dwindling ranges as merchants shut contracts whereas winding down on the finish of the 12 months approaches.

ETH trades at $3,418.21 as of publishing.

Solana

Solana’s value motion ranged between a regionally shaped excessive at $202.00 and the earlier week’s low at $175.10. Price examined the vary excessive on Dec. 25, pushed largely by retail merchants, however failed to interrupt above.

Open curiosity knowledge exhibits fluctuating ranges, however usually decrease in comparison with earlier weeks.

SOL trades at $193.07 as of publishing.

Ripple

Ripple’s value motion ranged as nicely, reaching a weekly excessive of $2.34 and logging a low of $2.11. Nonetheless, inside this vary, value developments decrease.

Open curiosity knowledge exhibits sporadic ranges pushed largely by pockets of retail merchants.

XRP trades at $2.06 as of publishing.

Supply hyperlink

bitcoin
Bitcoin (BTC) $ 104,345.96 0.61%
ethereum
Ethereum (ETH) $ 2,505.81 0.85%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.15 0.36%
bnb
BNB (BNB) $ 652.73 0.28%
solana
Solana (SOL) $ 153.20 1.17%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.18916 0.01%
tron
TRON (TRX) $ 0.268288 0.08%
cardano
Cardano (ADA) $ 0.667313 0.32%
staked-ether
Lido Staked Ether (STETH) $ 2,504.45 0.77%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,333.95 0.69%
sui
Sui (SUI) $ 3.25 2.72%
hyperliquid
Hyperliquid (HYPE) $ 32.29 3.15%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,017.14 0.82%
chainlink
Chainlink (LINK) $ 13.78 0.01%
avalanche-2
Avalanche (AVAX) $ 20.60 1.53%
stellar
Stellar (XLM) $ 0.264791 1.53%
leo-token
LEO Token (LEO) $ 8.68 0.67%
bitcoin-cash
Bitcoin Cash (BCH) $ 401.87 0.02%
the-open-network
Toncoin (TON) $ 3.13 2.15%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 1.49%
usds
USDS (USDS) $ 1.00 0.00%
hedera-hashgraph
Hedera (HBAR) $ 0.166829 2.09%
weth
WETH (WETH) $ 2,502.30 0.76%
litecoin
Litecoin (LTC) $ 86.70 1.81%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,677.71 0.65%
polkadot
Polkadot (DOT) $ 4.02 0.75%
monero
Monero (XMR) $ 326.47 0.53%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.11%
bitget-token
Bitget Token (BGB) $ 4.68 0.81%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
pepe
Pepe (PEPE) $ 0.000012 1.96%
pi-network
Pi Network (PI) $ 0.63639 2.76%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,336.95 0.68%
whitebit
WhiteBIT Coin (WBT) $ 31.20 0.02%
dai
Dai (DAI) $ 1.00 0.02%
uniswap
Uniswap (UNI) $ 6.18 2.33%
bittensor
Bittensor (TAO) $ 423.94 5.45%
aave
Aave (AAVE) $ 241.56 3.14%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.07%
crypto-com-chain
Cronos (CRO) $ 0.102679 0.30%
okb
OKB (OKB) $ 50.06 0.29%
aptos
Aptos (APT) $ 4.71 1.05%
near
NEAR Protocol (NEAR) $ 2.39 0.49%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 184.57 1.12%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.64 2.18%
ondo-finance
Ondo (ONDO) $ 0.823784 1.64%
internet-computer
Internet Computer (ICP) $ 4.87 2.56%
ethereum-classic
Ethereum Classic (ETC) $ 16.79 0.41%
gatechain-token
Gate (GT) $ 19.35 0.64%
susds
sUSDS (SUSDS) $ 1.05 0.01%
mantle
Mantle (MNT) $ 0.681016 1.02%
kaspa
Kaspa (KAS) $ 0.084753 0.30%
official-trump
Official Trump (TRUMP) $ 11.11 3.11%
usd1-wlfi
USD1 (USD1) $ 1.00 0.13%
vechain
VeChain (VET) $ 0.023948 1.49%
render-token
Render (RENDER) $ 3.88 3.25%
cosmos
Cosmos Hub (ATOM) $ 4.31 1.18%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 104,066.88 0.82%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.736819 0.33%
fasttoken
Fasttoken (FTN) $ 4.44 0.06%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.212684 2.51%
ethena
Ethena (ENA) $ 0.309171 2.18%
worldcoin-wld
Worldcoin (WLD) $ 1.12 2.71%
filecoin
Filecoin (FIL) $ 2.55 1.62%
algorand
Algorand (ALGO) $ 0.192917 1.04%
first-digital-usd
First Digital USD (FDUSD) $ 0.99822 0.17%
arbitrum
Arbitrum (ARB) $ 0.33628 0.73%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.41 0.43%
jupiter-exchange-solana
Jupiter (JUP) $ 0.51771 1.43%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,501.24 0.98%
celestia
Celestia (TIA) $ 2.18 1.42%
kucoin-shares
KuCoin (KCS) $ 11.27 0.05%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 161.15 1.54%
usdt0
USDT0 (USDT0) $ 1.00 0.16%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.95 3.03%
bonk
Bonk (BONK) $ 0.000016 2.08%
sonic-3
Sonic (S) $ 0.389553 0.21%
nexo
NEXO (NEXO) $ 1.23 0.82%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,849.12 0.75%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,614.18 0.78%
injective-protocol
Injective (INJ) $ 11.81 1.83%
story-2
Story (IP) $ 4.08 5.92%
flare-networks
Flare (FLR) $ 0.017325 5.11%
blockstack
Stacks (STX) $ 0.730895 0.91%
optimism
Optimism (OP) $ 0.649321 2.36%
fartcoin
Fartcoin (FARTCOIN) $ 1.06 0.97%
sei-network
Sei (SEI) $ 0.191936 0.82%
immutable-x
Immutable (IMX) $ 0.544868 1.32%
xdce-crowd-sale
XDC Network (XDC) $ 0.061625 4.85%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999978 0.03%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 104,094.89 0.72%
eos
EOS (EOS) $ 0.626987 1.44%
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,667.37 0.96%
paypal-usd
PayPal USD (PYUSD) $ 0.999706 0.02%
the-graph
The Graph (GRT) $ 0.09403 0.41%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 2,620.30 0.78%
curve-dao-token
Curve DAO (CRV) $ 0.660122 1.38%
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