Tag: Bullish

Analysts bullish on LINK, SOL, and ETH as GFOX presale eyes $4m

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. This article explores the growth potential of Chainlink (LINK), Solana (SOL), and Ethereum (ETH). It also delves into Galaxy Fox, a crypto project targeting $4 million in the ongoing presale. Chainlink is resilient Despite the market downturn, LINK has been holding its ground.  The token has recovered and is trading above the $14.2 support level.  This may suggest buyers are still interested in Chainlink, and there is potential for…

Stacks and Chainlink bullish as Meme Moguls plans to take over tradfi

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink (LINK) shows hints of recovery, which might see the token rise to fresh highs. Similarly, Stacks (STX) is firm, adding 407.6% year-to-date with room for more gains in the future. Meanwhile, some traders are exploring Meme Moguls (MGLS), a new crypto, to diversify.  Chainlink price forecast Chainlink is bullish and way above its 200-day EMA.  LINK is up 120% in the past year, moving from $14.25 to $16.43…

Ether (ETH) Options Out of Sync With Bullish Sentiment on Street

Ether’s one-week call-put skew, a gauge of demand for calls relative to puts expiring in seven days, fell to nearly -8 on Wednesday, the lowest in over three months, indicating a preference for bets that ether’s price will decline. The gauge stayed negative at press time, with one-, two- and three-month skews exhibiting a negative outlook. Source

Spot Bitcoin ETFs surpassed Silver in AUM; Chainlink and InQubeta bullish

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The U.S. Securities and Exchange Commission (SEC) recently approved multiple applications for spot Bitcoin ETFs. The approval of these ETFs has been met with positive reactions from the crypto community, with some analysts predicting that they could stabilize Bitcoin prices and promote price discovery. Besides Bitcoin, Chainlink (LINK) and InQubeta (QUBE) have also gained popularity recently. In the ongoing presale, InQubeta has raised over $8.4 million. InQubeta: raising the bar…

Bitcoin Price (BTC) Down to $40,600 Despite Bullish FTX News

So while the new spot ETFs have gathered more than 94,000 bitcoin and $3.9 billion in assets under management (AUM) since opening for trade (data through Jan. 19), the bears are pointing out that 53,000 of those tokens may just be GBTC holders moving their money into the lower cost vehicles. (GBTC charges a 1.5% management fee, at least 1 percentage point more than nearly all of the new funds.) Source

Terra Luna Classic fans bullish as new tokens take off

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 NVT Golden Cross Shoots Bullish Signal, Rally To Restart?

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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 Signals Bullish Exhaustion, Are Dips Attractive In Short-term?

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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…