Some analysts said the amendments show the U.S. Securities and Exchange Commission (SEC) is holding active discussions with related parties. Original
Bitcoin Nears $29K as Fidelity ETF Amendment Bumps Bullish Sentiment
Tag: Bullish
‘Extra Bullish’ On XRP? Crypto Analyst Pinpoints Perfect Timing
In a detailed chart analysis of the XRP/USD trading pair, seasoned crypto analyst Dark Defender has shed light on several significant indicators that point towards a bullish trajectory for the popular cryptocurrency. Taking to Twitter to share his insights, Dark Defender remarked, “Morning All. Hope you had a great weekend. XRP in the daily time frame is still within our price range. Above $0.52 – $0.55 is a challenge, first to break the resistance & stay above the Ichimoku Clouds.” This sentiment aligns with the depicted interaction of XRP with…
Bitcoin Gains Spark Bullish Call of ‘$15T Asset;’ BTC Forks Jump
One bull said bitcoin is “more valuable than gold” and will become a $15 trillion asset. Original
TRX May Have Another Chance For A Bullish Streak
Tron price is gaining pace above $0.0865 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.091. Tron is moving higher above the $0.0865 resistance level against the US dollar. The price is trading above $0.0870 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0850 on the 4-hour chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.0885 or even $0.091. Tron Price Aims Higher…
Failed Bullish Pattern Could Send Ethereum Sub-$1000
Ethereum price is trading at roughly $1,550 after failing to get back above $2,000 throughout the entirety of 2023 thus far. Increasingly higher lows during the year and a horizontal resistance zone had formed an ascending triangle – a potentially bullish chart pattern. This pattern, however, is possibly failing. A busted pattern target could send the price per ETH sub-$1,000. Is the bullish chart pattern breaking down? | ETHUSD on TradingView.com Ethereum Ascending Triangle Begins Breakdown: Target $700 Ethereum put in its bear market low back in June of 2022…
Bitcoin (BTC) Prices Show Neither Bullish’ or ‘Bearish’ Signs, Crypto Traders Say
“After the exuberance of the last few years, we’ve seen a large flight to quality, both in terms of providers and assets,” said Dan O’Prey, Chief Product Officer of Bakkt in a note to CoinDesk. “Bitcoin, being the most decentralized and secure asset, has also benefited from flows from the riskier, long-tail coins.’ Original
Bitcoin Price Will Flip Bullish In November As It Mirrors Past Cycle
Bitcoin analysts eagerly scrutinize the charts as November approaches, hoping to gain insights from past cycles. Historically, November has always been significant for the cryptocurrency market, as BTC usually gains value, affecting other coins. According to crypto analyst Miles Deutscher, November promises to be a pivotal month for Bitcoin enthusiasts and investors. Bitcoin’s Ongoing Sideways Trend Hints At Potential Bullish Shift In November Market experts suggest that Bitcoin’s stagnant price movement might transition to a bullish trend in November. According to them, this could occur if it behaves similarly to…
Why Paul Tudor Jones is still bullish on bitcoin
Paul Tudor Jones says bitcoin along with gold are looking more attractive these days given the “cataclysmic” fiscal situation in the U.S., likelihood of a recession and new geopolitical turmoil abroad. The legendary hedge fund manager and founder of Tudor Investment told CNBC both assets could take on a bigger role in investors’ portfolios given not only recent events like the war in Israel but also as a result of the Federal Reserve’s inflation-fighting rate hikes, which could tip the economy into a recession, potentially sending the stock down 12%…
Bullish crypto sentiment drops with the marketwide plunge
After a short-term bullish moment at the start of October, the crypto market has turned red again. The Israel-Palestine war might be one of the reasons for the bearish sentiment. According to the data provided by Santiment, the “bullish” trend plunged by 93% over the past 24 hours. BTC price and bullish social volume – Oct. 10 | Source: Santiment The downward momentum comes as investors turn from altcoins to Bitcoin (BTC). According to CoinMarketCap (CMC) data, BTC’s market dominance has reached a three-month high of 50.2%. While the flagship…
These Bullish Factors Prove XRP Price Rally Is Not Over Yet
The XRP price has retraced a good portion of its gains following its surge above $0.54 last week. Naturally, this could signal that the end is in sight for an XRP rally but this is not necessarily the case when you look at the altcoin’s metrics and performance even amid its price decline. XRP Daily Transaction Count Remains Above 1 Million The XRP daily transaction count first skyrocketed above 1 million back in July when Judge Analisa Torres ruled that programmatic XRP sales did not constitute investment contracts. The XRP…