Dogecoin Price Soars 25%, Why DOGE Bulls Are Not Done Yet

Dogecoin is up over 25% against the US Dollar. DOGE cleared the $0.120 resistance and might continue to rise toward the $0.132 resistance. DOGE started a strong increase after it broke the $0.0850 resistance against the US dollar. The price is trading above the $0.120 level and the 100 simple moving average (4 hours). There was a break above a key contracting triangle with resistance at $0.0845 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could extend its rally above the $0.1280 and $0.130…

Bitcoin ETFs see record-high trading volumes

Retail traders appear to be using a new tool during this huge rally for bitcoin — exchange-traded funds. The funds, which launched last month, have seen their trading volume surge this week as bitcoin continues to climb. For example, the iShares Bitcoin Trust (IBIT) had already seen more than 61 million shares change hands by early afternoon on Wednesday, according to FactSet. That is well above its previous record high of roughly 43 million shares, which came on Tuesday. Another multibillion dollar fund, the Fidelity Wise Origin Bitcoin Fund (FBTC),…

Momentum Reignites As Bulls Aim For $0.75

XRP price is gaining pace above the $0.550 resistance. The bulls seem to be aiming for a move above the $0.60 and $0.62 resistance levels. XRP started a fresh increase above the $0.550 resistance level. The price is now trading above $0.575 and the 100 simple moving average (4 hours). There was a break above a major contracting triangle with resistance at $0.560 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh rally if there is a close above the $0.60…

Ethereum Price Primed To Hit $3.5K After Bitcoin Rallies Past $60K

Ethereum price climbed to a new multi-month high above $3,300. ETH is consolidating while Bitcoin is gaining pace above the $60,000 resistance. Ethereum extended its increase above the $3,300 resistance zone. The price is trading above $3,250 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its increase toward $3,420 or even $3,500 in the near term. Ethereum Price Underperforms Bitcoin Ethereum price started another steady increase…

Bitcoin’s all-time high is in view after it breached $57,000: Analysts

Bitcoin’s all-time high is in clear sight after the cryptocurrency surpassed $57,000 on Tuesday. The flagship crypto is now roughly 20% off its November 2021 all-time high of $68,982.20, and it just cleared a key resistance level, according to Fairlead Strategies. “The main thing to highlight is the confirmed breakout above $48,000, which targets final resistance [of about] $64,900,” said Will Tamplin, senior analyst at Fairlead. BTC.CM= 5D mountain Bitcoin this week confirmed a breakout above $48,000 Oppenheimer chart analyst Ari Wald confirmed that outlook. “Positive momentum for the price…

SOL Price Restarts Rally – Why Solana Could Surge Over 10%

Solana is gaining bullish momentum above $108. SOL price is showing positive signs, and it could even surpass the $118 resistance in the near term. SOL price started a fresh increase from the $98.50 support against the US Dollar. The price is now trading above $108 and the 100 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $108.80 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to rally if it clears the…

Bitcoin Price Moons To $57K As The Bulls Aim For $60K

Bitcoin price is up over 10% and surging toward $58,000. BTC is signaling a strong upward trend and might surge toward the $60,000 resistance. Bitcoin price is gaining pace above the $55,000 resistance zone. The price is trading above $55,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance at $51,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its current rally toward the $60,000 resistance zone. Bitcoin Price Starts Fresh Surge…

Ethereum Price Climbs Toward $3,200 And Bulls Are Just Getting Started

Ethereum price is outperforming Bitcoin with a move above $3,000. ETH is showing bullish signs and might soon climb above the $3,200 resistance. Ethereum started a fresh increase above the $3,000 resistance zone. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its increase toward $3,200 or even $3,250 in the near term. Ethereum Price Outperforms Bitcoin Ethereum price remained stable…

Ethereum Price Retreats From $3K But Bulls Remain In Charge

Ethereum price spiked above the $3,000 resistance before the bears appeared. ETH is correcting gains, but dips might be limited below the $2,865 support. Ethereum struggled to stay above the $3,000 level and corrected lower. The price is trading above $2,900 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless the bears push the price below $2,865. Ethereum Price Corrects Lower Ethereum price…

Bitcoin Price Holds Ground But Risk of Pullback Keeps Rising

Bitcoin price failed again to clear the $53,000 resistance. BTC is now back below $52,000 and there are chances of a downside break below the $50,500 support. Bitcoin price is struggling to clear the $52,000 resistance zone. The price is trading below $52,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $51,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bearish momentum if there is a move below the $50,500 support. Bitcoin…