Trading volumes for both tokens shot up 200% over the weekend, CoinGecko data shows, even as broader crypto volumes remained relatively lower amid little volatility. Elsewhere, futures tracking the tokens saw open interest rise to a cumulative $430 million from $200 million, indicative of rising bets. Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Terra Luna Classic falling NuggetRush concludes round four of presale Wall Street Memes firm ahead of expected bull run Bitcoin (BTC) and other altcoins are edging lower. This downtrend has affected projects like Terra Luna Classic (LUNC). Amidst this market slump, new meme coins like Wall Street Memes (WSM) and NuggetRush (NUGX) remain firm, grabbing investor attention. NuggetRush is trending in crypto gaming NuggetRush is a new meme coin that…
Bitcoin’s implied volatility (IV) peaked with the launch of spot ETFs in the U.S. last week and has dropped below the realized volatility, stoking demand for calls at strikes $45,000 and $46,000 during Thursday’s North American trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm. Original
Data shows the Bitcoin NVT Golden Cross indicator has recently dipped inside the undervalued zone, a sign that could be bullish for the price. Bitcoin NVT Golden Cross Has Entered The Bullish Territory An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross has recently indicated upside potential. The “Network Value to Transactions” (NVT) is an indicator that keeps track of the ratio between the Bitcoin market cap and transaction volume. This metric is often used to determine whether the current price is fair. When the NVT…
BNB price is struggling to clear the $320 resistance zone. It might decline toward the $288 support zone before the bulls aim for another increase. BNB price is struggling to gain traction above the $320 resistance. The price is now trading near $310 and the 100 simple moving average (4 hours). There is a major declining channel or a bullish flag pattern forming with resistance near $316 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move up if it stays above…
The sentiments around Ethereum look to be very bullish at the moment as the second-largest crypto token by market cap has seen its dominance surge against Bitcoin. Ethereum’s rise against the flagship crypto token is also significant, as crypto analyst Jaydee recently suggested that it could usher in the altcoin season. Bullish Predictions For Ethereum’s Price Crypto analyst Ali Martinez recently highlighted the fact that Ethereum broke out from an ascending triangle on the weekly chart. According to him, the crypto token has its eyes on the $3,400 price level…
A crypto analyst has provided insights into why this year will be “massive” for Cardano (ADA) based on historical data. The analyst also highlighted how patience was key, as ADA could replicate a similar run like the one it did when it saw a gain of 8,288% following about two years of consolidation. 2024 Could Be Another Breakout Year For Cardano In a recent video, the analyst behind the Crypto ZX YouTube channel alluded to ADA’s history as he provided a bullish narrative for the crypto token in this new…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana (SOL) is down, shaking investor confidence, with some having anticipated the altcoin to reach $200. However, an analyst remains optimistic about further gains. Another analyst predicts that the Pullix presale token could soon reach $0.1. Meanwhile, Stacks proponents aim to regain the $2 price level. Pullix bulls target $0.1 Pullix recently rose to $0.08. Pullix combines aspects of decentralized (DEX) and centralized (CEX) exchanges, providing users with a comprehensive trading experience. …
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In the last few days, Bitcoin has been on a rollercoaster ride. The coin recently dropped to $42,000 before surging to $47,000 a few days later. However, there are hints that a stronger bull market is coming. For the first time since 2016, Bitcoin is attempting to create a bull cross. Meanwhile, Cardano (ADA), Solana (SOL), and Pullix (PLX) are altcoins that can benefit from this bull signal. Bitcoin…
Litecoin, a cryptocurrency often referred to as the “silver to Bitcoin’s gold,” is gaining traction among analysts who predict its potential to outperform Bitcoin shortly. Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency. Citing its monthly candlestick formations, the analyst said what’s panning out are signs of an imminent breakout that could propel the coin higher in the coming weeks. Litecoin About To Rip Higher? Specifically, Tony “The Bull”…