Will #Uptober Come in Mid-October? Here's the Analysis

From conflicts between countries to global economic conditions, #Uptober 2024 is pessimistic to be present. Crypto coin prices are very volatile. Will #Uptober 2024 still happen? Read the full explanation in this article.

October is always an exciting month for the crypto ecosystem with its trending hashtag #Uptober. The reason is, that this month has a history of increasing coin prices, including Bitcoin. Moreover, Bitcoin also has a curse about September which always makes its price decrease. 

However, October 2024 seems different compared to previous years where there has been movement since the beginning of the month. What is the condition of the crypto ecosystem in October this year? Will the tradition of price increases just come too late this month or will this year be an exception? Check out the complete analysis in this article.

Crypto Market in October 2024

Starting from Iran's attack on Israel on October 1, the investment world was affected, including the crypto ecosystem. The majority of crypto coins experienced a decline in price, including large coins, such as BTC, ETH, SOL, USDT, and XRP.

The launch of various coins from Telegram games such as CATS also experienced a decrease in hype so the price did not match expectations, even far below the pre-market price.

Bitcoin Price is even known to have experienced a decline of up to $5000 until October 3, leaving it at the level of $61,000. Other tokens are in the red zone without being able to avoid unclear market conditions.

Bitcoin Price Conditions when #Uptober is Late

Now, October has entered its second week. Until now, the condition of the crypto market is still unpredictable, it is still very volatile. When this article was written, crypto market conditions were very good. The majority of tokens are in the green zone with not too significant increases.

However, Bitcoin price still hasn't been able to surpass the price increase in September which is known as the curse of falling prices. Quoted from u.today, in an article written on September 28, the price of Bitcoin touched the $66,000 level in the last week. However, currently, Bitcoin is still stuck priced at $64,000 with conditions fluctuating since early October.

Above is the condition of the Bitcoin price chart when this article was written on October 14. As can be seen, the price of this coin king is $64,434 with an increase of +2.56% in 24 hours. Previously, BTC was at its highest price in a similar period at $64,860.

This highest price has actually passed the resistance phase which crypto analysts predict will be able to bring BTC to experience a price spike of up to $70,000. However, the highest price quickly fell and made BTC unable to maintain the resistance price for a long time.

Conclusion: Will #Uptober 2024 Be Here Soon?

#Uptober has become a tradition in the crypto ecosystem by using data from the last 5 years and showing similar trends, namely the increase in token prices in October. 

Even though October 2024 looks quite pessimistic for crypto to experience the #Uptober tradition due to various conditions, in fact in previous years #Uptober did not happen immediately at the beginning of October.

In 2020, Bitcoin prices appeared weak until October 16 and only experienced a significant increase of up to 30% in the following two months. In 2021, the condition of the crypto ecosystem was also very volatile in October.

#Uptober in 2023 also only starts in mid-October with a steady price spike at the end of November. 

With the data above, we can still be optimistic about #Uptober 2024. What is certain is that you can continue to follow the latest news about the crypto ecosystem by accessing the Bitrue website. Price checking Bitcoin to USD It can also be done easily with Bitrue so you don't need to change websites.

To check how to buy Bitcoin tokens and others for those of you who have just joined the crypto ecosystem, Bitrue has various features that can help you carry out independent research.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

Manila FAME 2024 Talks: A Celebration of Filipino Creativity, Design, and Innovation

Wazzup Pilipinas!?

The Manila FAME 2024, an annual event known for showcasing the finest in Philippine design and craftsmanship, kicked off with a series of engaging and insightful talks on October 17 and 18. The two-day event, held at the prestigious World Trade Center in Manila, focused on the theme "Designing Filipino: Creativity, Identity, and Culture in the Global Market." Experts from various industries gathered to explore the significance of Filipino design in the global arena and how sustainability and innovation are driving the future of the industry.

Day 1: October 17, 2024 – Thursday

Session 1: Exporting Philippine Design The first session of the day, "Exporting Philippine Design: Showcasing Filipino Creativity on the Global Stage," was led by Rev Naval of OMO Furniture. Held at the Luna Room, this discussion explored how Filipino craftsmanship can captivate international audiences, highlighting the importance of staying true to Filipino identity while expanding design innovations to fit global trends. The talk emphasized that Filipino design, while steeped in tradition, has the potential to compete on a global scale through creativity and cultural storytelling.

Session 2: Intellectual Property and Competitiveness Atty. Joss Dieg of the Bughaw Creative Collective took the stage next to discuss the role of Intellectual Property (IP) in boosting global competitiveness. His session shed light on how protecting creative work through IP can enhance the value of Filipino designs in international markets. As Filipino creatives look to the world, IP laws become essential in safeguarding originality and maximizing profitability.

Session 3: Designing with Sustainable, Locally Sourced Materials Sustainability in design took center stage in a talk by Arch. Zed Yabut of the United Architects of the Philippines. He emphasized the importance of utilizing sustainable, locally sourced materials to create eco-friendly designs that respect both the environment and cultural heritage. Yabut’s discussion urged designers to adopt green practices without compromising aesthetic appeal, fostering a balance between tradition and modern environmental consciousness.

Cultural Mapping and the Future of Filipino Design In the second half of Day 1, IDr. Kat Correa from the Philippine Institute of Interior Designers presented on Cultural Mapping, stressing the need to identify and incorporate Philippine cultural markers into design. She was followed by a Panel Discussion on the Future of Filipino Design moderated by IDr. Carla Mae Leonor from the Design Center of the Philippines. The panel featured leading voices in the industry, who shared their visions for Filipino design as it continues to evolve in the global market. The future, they agreed, is bright for Filipino creatives, especially those willing to innovate while staying true to their cultural roots.

Session 4: CFIP Furniture Design Competition Concluding the first day was the CFIP Furniture Design Competition Presentation led by the Chamber of Furniture Industries of the Philippines. The competition highlighted the exciting work of Filipino designers pushing boundaries in furniture creation, merging functionality with artistic expression.

Day 2: October 18, 2024 – Friday

Talking Trends for 2026 and Beyond: Day 2 started with a bang, featuring Patti Carpenter, Global Trend Ambassador, who discussed future trends in design for 2026 and beyond. This session, titled Talking Trends for 2026 and Beyond: Inspire, Inform, and Invigorate, inspired designers to stay ahead of emerging global movements while integrating Filipino culture into their creations. She provided valuable insights into how Filipino creatives can remain innovative and forward-thinking as the industry evolves over the next few years.

Shifting Gears: Staying Ahead with Sustainability Initiatives for Business Growth by Edward Marcel Gacusana, the Global Compact Network Philippines Executive Director, followed with his talk on Shifting Gears, Staying Ahead: Embracing Sustainability Initiatives for Business Growth. As sustainability continues to be a crucial consideration for both businesses and consumers, Gacusana emphasized the importance of green initiatives not just for the environment but also for business longevity. He showcased examples of how sustainability-driven companies are thriving in today’s competitive market.

Adopting Green Entrepreneurship and Circularity: The final talk of the event, Adopting Green Entrepreneurship and Circularity, was led by Pete Delantar, President and Founder of Nature’s Legacy. In cooperation with the Design Center of the Philippines, Delantar’s session offered a comprehensive look into the growing practice of circularity in design—where products are created to minimize waste and maximize the use of resources. He shared his experience in building a green business model, offering insights into how Filipino entrepreneurs can adopt sustainable, eco-conscious business practices.

The Future of Filipino Design

Throughout the Manila FAME 2024 Talks, one message was clear: the future of Filipino design is bright, sustainable, and global. By staying true to cultural identity while embracing innovation, Filipino designers are poised to lead the way on the world stage. From green entrepreneurship to intellectual property, the event provided a comprehensive overview of how Filipino creativity can drive the future of design both locally and internationally.

As the talks concluded, it was evident that the conversations sparked during the two-day event would continue to shape the direction of the Philippine design industry for years to come. Whether through the use of sustainable materials or the adoption of intellectual property protections, Filipino designers are setting the stage for a future where culture and innovation merge seamlessly, ensuring that Filipino design continues to shine globally.

Whales Bought Millions of Tokens, Will XRP Price Increase in the Upcoming Week?

  

In the past few days, many big investors (whales) have bought XRP tokens. Is this a sign that the XRP price will soon be bullish in the upcoming week? Here is the analysis.

XRP tokens seem to be selling well among whales in the last few days. Many whales are buying up large amounts of XRP coins. Because of this activity, many predictions that XRP price could experience an increase in the following week.

Is that true? Read this article until the end. We will explain in detail the current condition of the XRP price and the movements of large investors in the XRP ecosystem.

Emergence of the New Whale XRP

In the data written in on-chain data, it is stated that there were large-scale transactions of XRP tokens. A total of 104 million XRP tokens with a value of more than $55 million were moved.

Unfortunately, the whale's identity has not been traced so the Whale Alert blockchain tracking tool only shows the amount of XRP tokens moved. This activity automatically creates a new whale for the XRP token.

XRP Price Chart Today

Today's XRP price increased by +1.21% so it is currently trading at $0.5398. In the last 24 hours, XRP was at its highest price level, namely $0.5418.

The indicators in the XRP price chart above show positive signs, starting from RSI, and MACD, to Balance of Power or BoP.

The current RSI value of XRP is 56.95, which means the buying trend is more dominant than the selling trend. This is similar to the data in the BoP figures where it is currently at positive 0.37 so the market is dominated by a buying trend with conditions that could be bullish in the near future.

The MACD line also shows a bullish possibility because it rises from the existing boundary line.

Could XRP Get Bullish in the Near Future?

If you look at the technical analysis above, XRP has a positive bullish possibility in the near future. Moreover, the prediction of #Uptober will also be coming soon in mid-October so the price of XRP can also experience an optimistic increase, like other crypto tokens.

However, the fluctuating nature of crypto prices can also make the XRP graph conditions go the other way. You can check the XRP price in real-time on the Bitrue website to find out the condition of this token according to your needs.

Conclusion

That is an explanation of XRP price analysis by looking at how whales have moved in the last few days. Many whales are buying up XRP tokens in large quantities, which means that the XRP ecosystem is increasingly being discussed with many investors HODLing this token.

For those of you who are also interested in buy XRP tokens, don't just buy without doing research. Please do your own research (DYOR) so that you can carry out the right analysis according to your personal investment needs.

Doing research is very easy when you use the features provided by Bitrue. Real-time price checking feature from XRP to USD You can do it easily without changing websites. Also, find out about the various projects being carried out in the XRP ecosystem by reading articles on the Bitrue blog.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.