Tag: Bullish

Binance Bitcoin Outflows and MVRV Ratio Point to Sustained Bullish Setup, Analyst Reveals

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Ethereum price gained 90% the last time this indicator turned bullish

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Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to $3,100 resistance zone. A bull flag is a continuation pattern that follows a sharp rally (black flagpole) to $2,730 from $1,900, with the current range forming the flag.  Ethereum 1-day chart. Source: Cointelegraph/TradingView A bullish…

Why Trump’s ‘big, beautiful’ bill is bullish for Bitcoin and altcoins

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President Donald Trump’s ‘big, beautiful’ bill is set to become law, a move that some argue will increase U.S. deficits and debt while likely boosting Bitcoin and altcoin prices in the long term. The bill extends the 2017 tax cuts Trump signed into law. It also introduces new tax measures he campaigned on, including a $1,000 tax credit for all children born in the country and exemptions for tips. It will also raise the estate tax exemption to $15 million. The “big, beautiful” bill will likely be bullish for Bitcoin…

Ethereum Price Flashes Bullish Signal, But Can It Power Through Obstacles?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price found support at $2,320 and started a fresh increase. ETH is now rising and might aim for a move above the $2,650 resistance zone. Ethereum started a…

Ethereum Drops 4% as Whales Exit, Analysts Still Bullish

Key Notes ETH is down 4% in 24 hours, currently trading near $2,400. Whale activity indicates profit-taking or strategic exits. Analyst sees potential for a $4,000 target if ETH stays above $2,200. Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B has taken a breather following last week’s sharp increase that took the price as high as $2,700. As of writing, ETH is trading around $2,400, marking a 4% dip in the last 24 hours. The drop coincides with several large-scale movements, suggesting profit-taking…

XRP Price Confirms Bullish Reversal Setup With This Demand Zone

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A new technical analysis reveals that the XRP price has just confirmed a bullish reversal set-up on the 1-hour chart, following a strong rebound from a critical demand zone.…

BTC Nears Bullish Golden Cross as Moody’s Downgrades U.S., Citing Debt Concerns

Bitcoin’s price chart is echoing a bullish pattern that foreshadowed the late 2024 price surge from $70,000 to $100,000 amid mounting concerns over the sustainability of the U.S. debt. The leading cryptocurrency by market value appears on track to confirm a “golden cross” in the coming days, according to charting platform TradingView. The pattern occurs when the 50-day simple moving average (SMA) of prices crosses above the 200-day SMA to suggest that the short-term trend is outperforming the broader trend, with the potential to evolve into a major bull run.…

XRP Flashes Bullish Signal – Technical Indicator Hints At Imminent Rebound

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP is holding above critical support levels after weeks of steady gains, but continues to face resistance below the $2.65 mark. Despite struggling to break higher, price action remains constructive, and traders are closely watching for…

Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…