Tag: Bullish

Bitcoin (BTC) Drops From $70K as Bullish Signal Strengthens

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Bitcoin’s price fell below $69,000 during the European morning having briefly topped $70,000 late on Monday. BTC is currently priced at about $68,900, down just over 0.2% compared to 24 hours ago. Other major crypto tokens also dropped, and the broader digital asset market, as measured by CoinDesk 20 Index (CD20), lost 0.70%. Crypto exchange Bitfinex said on Monday that bitcoin’s slump since March was driven by long-term holders selling. This trend has now stalled, however, with the number of net accumulating BTC addresses growing over the past month, a…

Notcoin (NOT) Maintains Bullish Momentum, What Next?

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After a retracement from its previous, Notcoin (NOT) has been exhibiting strong bullish momentum that has drawn the interest of both traders and investors. This ongoing upward trend indicates a robust level of market confidence and increasing optimism over its prospects. Market analysts are keeping a careful eye on important indicators and trends as the cryptocurrency rises in order to predict how long this bullish period may remain and what possible heights it may reach. Using a few technical indicators, we will examine Notcoin’s price possibilities in this article focusing…

Bitcoin Price Gains Momentum: Bullish Surge Ahead?

Bitcoin price found support at $67,000 and started a fresh increase. BTC climbed above $69,500 and might continue to rise in the near term. Bitcoin started a decent increase above the $68,500 and $69,500 resistance levels. The price is trading above $68,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it settles above the $69,500 level. Bitcoin Price…

PEPE Shows Persistent Bullish Strength As Market Optimism Grows

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PEPE has been on a remarkable upward trajectory, showcasing significant bullish momentum that has caught the attention of traders and investors alike. This sustained uptrend suggests strong market confidence and growing optimism about the prospects of PEPE. As the cryptocurrency continues to climb, market analysts are closely monitoring key indicators and trends to gauge how long this bullish phase might last and what potential heights PEPE could reach. In this analysis, we will dive into PEPE’s price prospects with the help of some technical indicators. As of the time of writing,…

Sleepy Crypto Market ‘May Get Caught Offside’: QCP Capital Eyes Bullish Shift in Ethereum

This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted that bitcoin is under bearish pressure due to potential new supply from the Mt Gox distribution, estimated at $9.6 billion, and from the DMM Bitcoin […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Toncoin (TON) Forms Double Top Pattern, Bearish Or Bullish?

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Toncoin serves as the native token of the TON ecosystem and has multiple use cases. The token like other native tokens such as Solana (SOL) and Ethereum (ETH) has been doing well, as it experienced a notable price rise, especially with the launch of Notcoin (NOT) recently.  Based on TON’s past price movements, the token has successfully formed a Double-Top chart pattern, which is typically followed by a price decline. With a 10% decrease in the past day’s trading volume to $152 million the price of TON is indicating a…

Shiba Inu Elliot Wave Count Falls Into Place, Here’s Where The Bullish Wave 4 Says The Price Is Headed

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Crypto analyst Capt Toblerone recently provided insights into the Shiba Inu (SHIB) future trajectory using the Elliot Wave Theory. This suggested that the meme coin’s recent price correction was simply part of a bigger picture, with the analyst predicting the meme coin will hit a new all-time high (ATH) on its next leg up.  SHIB’s Price Is Headed Towards $0.00022 Capt Toblerone shared a Shiba Inu chart on his X (formerly Twitter) platform, which showed that Shiba Inu will rise to as high as $0.00022000 when Wave 3 of the…

Dogwifhat: Bullish Sentiment To Propel WIF Towards $6.7

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Analysts anticipate that Dogwifhat (WIF), the meme coin with the adorably adorable canine mascot, will soar in value to a whopping $6.7. Related Reading Dogwifhat: Recent Performance Ignites Bullish Momentum WIF has defied the odds in recent weeks, leaving its competitors in the doghouse. Over the past seven days alone, the price has shot up nearly 20%, and the past month has seen an even more remarkable 30% growth. This upward trajectory has fueled optimism within the crypto community, with many investors wagging their tails in anticipation of further gains.…

Crypto Expert Says Market Has Begun A Macro Bullish Expansion

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Crypto analyst TechDev has offered a bullish narrative for the crypto market. He recently hinted that a parabolic move is imminent for Bitcoin and altcoins, following his statement that the market has entered an important phase in this bull cycle.  Crypto Market Has Began “Macro Bullish Expansion” TechDev mentioned in an X (formerly Twitter) post that “the entire crypto market has just begun its first macro bullish expansion in three and a half years.” The analyst shared a bi-monthly chart of the total crypto market cap, which showed that the…