Key takeaways: XRP price just hit multiyear highs of $3.66, but technicals suggest there’s more room to run. Multiple XRP charts signal a potential “explosive” move, targeting $7-$20 if key resistances are broken. XRP (XRP) price has risen significantly over the last seven days, climbing to a new record high of $3.66 on Friday, and up nearly 90% since its April lows. Despite this impressive performance, several technical setups suggest that XRP price is yet to enter its parabolic phase, according to analysts. XRP dominance “signalling a mega bullish wave”…
Tag: Bullish
Bullish Files for US IPO, Plans NYSE Listing Under “BLSH”
Bullish, a cryptocurrency exchange owned by Bullish Global, has filed for an initial public offering (IPO) in the United States. The Cayman Islands-based firm plans to list its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol “BLSH.” The exact number of shares to be offered and the price range remain unspecified, according to a Friday F-1 registration statement filed with the US Securities and Exchange Commission (SEC). However, the exchange has granted the underwriters a 30-day option to purchase additional shares. For fiscal year 2024,…
Cardano (ADA) Poised for 216% Rally as Multiple Charts Flip Bullish
Key takeaways: ADA price is up over 70% since June 22, signaling the end of the downtrend. Multiple bullish chart signals suggest ADA price can climb over 200% toward $3. ADA (ADA), the native token of the Cardano network, posted an impressive 75% gain between June 22 and Friday, likely marking the end of a multimonth downtrend that bottomed out at $0.50 in June. ADA price has rallied as much as 9% over the last 24 hours to hit a 20-week high of $0.89 on Friday. ADA Bollinger Bands could…
Cardano (ADA) Flashes Bullish Signal—Is the Rally Just Beginning?
Cardano price started a fresh increase from the $0.720 zone. ADA is now consolidating and might attempt a clear move above the $0.8650 zone. ADA price started a fresh increase from the $0.720 support zone. The price is trading above $0.80 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.8280 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start a fresh increase it clears the $0.8650 zone. Cardano Price Eyes More Gains In the…
Smashes $3,400 Mark in Bullish Run
Ethereum price started a fresh increase above the $3,220 zone. ETH is now consolidating gains and might correct lower toward the $3,220 zone. Ethereum started a fresh increase above the $3,150 level. The price is trading near $3,250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,220 zone in the near term. Ethereum Price Extends Gains Above…
ETF Bullish Wave: $403 Million Flows Into Bitcoin and $192 Million Into Ether
Bitcoin ETFs extended their bullish run to nine consecutive days with $403 million in net inflows, while ether ETFs not only gained $192.33 million but also set a new record trading volume of $1.62 billion. Bitcoin ETFs Record $403 Million in Inflows for 9th Consecutive Day, While Ether ETFs Set New Record The momentum refuses […] Original
Cardano Price Eyes $0.8 Breakout Amid Bullish Trader Bet
Key Notes The Cardano price is nearing the $0.78 resistance after forming higher lows and experiencing steady volume increases. More traders are taking long positions while fewer are betting against Cardano, showing growing confidence. The $0.73 level is holding firm, and if the price moves past $0.78, it could head toward $0.84 next. The price of Cardano ADA $0.75 24h volatility: 3.2% Market cap: $27.10 B Vol. 24h: $1.32 B is now approaching the $0.78 resistance level, and indications from daily charts and trader activity suggest it may soon break…
Traders Bullish After Momentum Spike
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Chainlink Bullish Trigger: Why $16 Holds The Key To The Next Rally
Sharing his latest outlook, CRYPTOWZRD revealed that Chainlink closed indecisively, suggesting the market is still weighing its next move. According to the expert, a healthy bullish breakout above the $16 resistance is needed to trigger a rally. He added that he will continue to follow the intraday chart development tomorrow to spot the next scalp opportunity. LINKBTC Needs A Bullish Push To Unlock Momentum In the post, CRYPTOWZRD highlighted that the daily candles for both Chainlink and LINKBTC closed indecisively today, suggesting a temporary pause in momentum. While no strong…
ETH Fractal Eyes $18K as Bullish Breakout Accelerates
Key takeaways: Ether is outperforming Bitcoin this week, with the altcoin reclaiming $3,000. The ETH/BTC pair broke above its 200-day moving average, with the RSI breaking a three-year downtrend, hinting at a structural shift. Fractal analysis suggests ETH could surge to $18,205, with the near-term target at $4,000. After reclaiming the $3,000 level for the first time since Feb. 1, Ether (ETH) exhibits strength in its performance relative to Bitcoin (BTC). While Bitcoin slipped to $116,500 on Tuesday, ETH posted daily gains, setting new highs at $3,090 for the week.…