Tag: Bullish

Bitcoin Breaches $46,000, Eyes $50K As Bullish Sentiment Returns

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For the first time since the spot ETFs’ debut trade on January 11, Bitcoin (BTC) has surpassed $46,000. According to data from Coingecko, BTC had increased 3.4% in the previous day to $46,075 at the time of publication, maintaining a 6% increase over the previous seven days. Bitcoin Flexes Muscles, Reclaims $46K Level Despite the approval of several eagerly awaited exchange-traded funds that were meant to strengthen its institutional legitimacy, Bitcoin’s 2024 has had a rough start. However, things are improving as Bitcoin is now again trading above the $46k…

CoinDesk’s New Owner Bullish Replaces CEO in Restructuring

CoinDesk and Bullish employees were informed of the changes via a memo on Thursday from Bullish CEO Tom Farley, who said the restructuring was designed to shift CoinDesk’s media, indices and events businesses into a flatter organizational structure. Some CoinDesk functions, such as Human Resources, will now report to their equivalents at Bullish. CoinDesk’s tech and product teams will also be integrated with Bullish, said Farley. Source

Solana’s Missed Moment, Exclusive Farcaster Q&A, Bullish Year of Dragon

SOL CRUSHING. It was supposed to be a cause for celebration: On Feb. 25, the Solana blockchain would complete a full 365 days without an outage – seen as a remarkable milestone given its historic jankiness. So notable it was, in fact, that analysts at Coinbase Institutional called it out in a report last week: “Solana is fast approaching its first full year mark without any downtime, showcasing its significant ecosystem progress, especially when compared to an early history of crashes that halted the chain for days at a time.”…

UNI Price Prediction – Uniswap Bulls Sight Key Bullish Move To $7

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UNI price is moving higher from the $6.00 support. Uniswap is up 5% and it could rally if there is a clear move above the $6.35 resistance zone. UNI started a fresh increase from the $5.50 support zone. The price is trading above $6.00 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $6.20 on the 4-hour chart of the UNI/USD pair (data source from Kraken). The pair is showing bullish signs and might rally if it clears the $6.35…

Bitcoin CDD Shows Bullish Breakout, Rally Returning In Full Flow?

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On-chain data shows a bullish breakout brewing in the Binary CDD indicator for Bitcoin, a sign that a strong price rise could be ahead for the asset. Bitcoin Binary CDD Is Breaking Out Of Accumulation Zone As pointed out by an analyst in a CryptoQuant Quicktake post, the Binary Coin Days Destroyed (CDD) appears to be forming a pattern for the cryptocurrency that has usually been the starting point of a bullish trend. A “coin day” refers to a quantity that 1 BTC accumulates after staying dormant on the blockchain…

Chainlink (LINK) Price Breaks Out Of Bullish Flag Pole, Here’s The Next Target

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The Chainlink (LINK) price has been on an impressive rally over the last week that has brought its price to new yearly highs. As LINK bulls continue to hold firmly above the $18 support, the emergence of this bullish rally has continued to signal that the price surge is far from over. Crypto Analyst Says Chainlink Bullish Flag Has Been Broken In an analysis posted on the TradingView website, crypto analyst CobraVanguard explains why the Chainlink price is currently very bullish. According to the analyst, despite the altcoin showing very…

This Bullish Pattern Signals An Imminent Price Surge

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Market analysts have recently observed a notable pattern in Bitcoin price chart, potentially signaling a shift in the market trend. Jake Wujastyk, a prominent market analyst, has particularly pointed out the emergence of an inverse head and shoulders pattern on Bitcoin’s daily candle chart. This pattern, coupled with Bitcoin’s closing price above a significant “volume shelf” signals an imminent upward trajectory for Bitcoin. Bitcoin Surge On The Horizon In technical analysis, an inverse head and shoulders pattern is traditionally interpreted as a bullish signal. It is characterized by two lower…

Investopedia ranks XRP highly; Injective and NuggetRush bullish

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investopedia ranks XRP highly INJ may rally to $88.50 in 2024. NuggetRush soaring in presale Investopedia ranks XRP highly despite Ripple’s legal troubles. Meanwhile, Injective (INJ) and NuggetRush (NUGX) are steady and moving higher. Investopedia ranks XRP Ripple has faced significant regulatory hurdles which have impacted XRP prices and position.  However, Investopedia has recognized XRP as the third most important coin after Bitcoin.  They noted that despite XRP price fluctuations, the…

TRX Looks Set For A Bullish Streak To $0.12

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Tron price is eyeing a fresh increase from the $0.1112 support against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1140. Tron is moving higher above the $0.1120 resistance level against the US dollar. The price is trading above $0.1125 and the 100 simple moving average (4 hours). There was a break above a key contracting triangle with resistance at $0.1126 on the 4-hour chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1165 or even $0.1200. Tron…

Shiba Inu Prints Rare Bullish Signal, Eyes This Price Target

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Since the Shiba Inu (SHIB) reached a local high of $0.00001193 on December 16 last year, the price has been in a downtrend characterized by a series of lower highs and lower lows. However, renowned crypto analyst Ali Martinez has now discovered a rare bullish signal that could end this trend. Shiba Inu Price Flashes Rare Bullish Signal A recent analysis by Martinez (@ali_charts) indicates a potential bullish movement for Shiba Inu (SHIB) based on the TD Sequential indicator. Martinez’s chart, shared via X (formerly Twitter), shows SHIB in a…