Tag: Bullish

Ripple Getting Bullish, Positive Trends Point To A Solid Year For XRP

Today’s Ripple price analysis is rather cloudy, and analysts are expecting the market to reverse course near the $0.90 level. After being dragged down from recent highs, the XRP/USD pair may be on the verge of a new bottom. Ripple’s market value is increasing over the last several days, with the price of Ripple climbing to roughly $0.88 before sliding down to Friday’s $0.83 level. Compared to Bitcoin, XRP is up 5.62% in the XRP/BTC trading pair for the day. Crypto analysts project that this is only the beginning of…

Bitcoin stuck in a tight range as BTC price moving averages prepare key bullish cross

Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Support and resistance zones narrow Data from Cointelegraph Markets Pro and TradingView showed BTC/USD awaiting a trigger to test either support or resistance nearby as Wall Street opened on Feb. 11. The largest cryptocurrency had seen difficult moves for traders after Feb. 10’s U.S. CPI data, this causing pain for longs and shorts alike as 24-hour liquidations topped $200 million across crypto. With the inflation narrative still in…

Valkyrie Bitcoin Miners ETF Managers Bullish on Green Firms as Fund Begins Trading

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“We believe that companies that are focusing on more renewable energy sources are going to win in the end,” as alternative energy sources such as hydro-electric, solar and natural gas will be able to provide better cost savings to miners as opposed to traditional sources of energy such as coal, the fund’s Chief Investment Officer Steven McClurg told CoinDesk. He added that “coal energy is going to cost a whole lot more in the future.” Original

Bitcoin bulls look to push price above $45K to validate bullish trend reversal

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The mood across the cryptocurrency ecosystem has shifted to cautious optimism on Feb. 7, as Bitcoin (BTC) bulls managed to bid its price back above support at $44,000 with the help of several positive developments, including the announcement that “Big Four” auditor KPMG has added BTC and Ether (ETH) to its corporate treasury.  Data from Cointelegraph Markets Pro and TradingView shows that, after hovering around $42,500 during the early morning on Feb. 7, a midday wave of buying lifted the BTC price to a high of $44,500 as short traders…

Next Bullish Levels Traders Should Watch

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Ethereum gained bullish momentum and cleared the $3,000 resistance against the US Dollar. ETH price is rising, but it could face hurdles near the $3,200 level. Ethereum found support and started a strong increase above the $3,000 level. The price is now trading above $3,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $3,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate higher, but the $3,200 barrier might prevent additional gains. Ethereum…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io $MINERS is making BTC mining accessible for everyone, no expensive equipment or knowledge required. $MINERS is 100% Hydro Powered & Community Driven. Thank you for watching! Don’t forget to LIKE & Subscribe for more reviews! Miners Token Review: AnxietyForce’s Business Mail: anxietyforcecrypto@gmail.com Token Details! Website: Twitter: TeleGram: Contract Adress: 0xeb6b00f8c7e1da78fb919c810c30dde95475bdde LEGAL DISCLAIMER:This video is for educational and entertainment purposes only. This video is not intended or made for kids in any way. The results are NOT typical. There is NO guarantee that…

This bullish Ethereum options trade targets $3.1K ETH price with zero liquidation risk

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Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in the next couple of months is dim.  Of course, cryptocurrency traders are notoriously optimistic and it is not unusual for them to expect another $4,870 all-time high, but this seems like an unrealistic outcome. Despite the current bearish trend, there are still reasons to be moderately bullish for the next couple of months and using a “long condor with call options” strategy…

The crypto industry is more bullish than the Bitcoin charts, Jan. 27–Feb. 2

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Is Bitcoin (BTC) in a bull market or a bear market? Has the current market cycle already peaked or can we expect another leg higher? Venture capital funds don’t seem to care either way. They’re too busy building equity in promising blockchain plays.  This week’s Crypto Biz newsletter features two major funding rounds from the world of blockchain, as well as Jack Dorsey’s scathing critique of Mark Zuckerberg’s metaverse plans. We also highlight a company that’s making it easier for employees to start getting paid in BTC. So, while it’s…

Bitcoin And Ethereum, Start Of Bear Market Or Bullish Consolidation?

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Bitcoin and Ethereum have been moving sideways during today’s trading session. The top two cryptocurrencies were on their way to previous highs but were rejected near-critical resistance levels. Related Reading | Bitcoin Halving To Bring The Subsequent Crypto Frenzy At the time of writing, Bitcoin trades at $36,943 with a 0.9% loss while Ethereum trades at $2,642 with a 0.7% loss in the last 24-hours, respectively. The general sentiment in the market has been shifting quickly with every move to either direction suggesting there is a lot of uncertainty in…