Tag: Price

Solana Bulls Stake 4.1M SOL as Price Holds $180 Post-ETF Approval: What’s Next?

Key Notes SEC approved in-kind redemptions for crypto ETFs on July 29, reducing tax friction and boosting institutional demand significantly. Total staked SOL increased 1% to 401.9 million tokens within 24 hours, suggesting reduced selling pressure from holders. Technical analysis shows SOL consolidating near $178 Bollinger midline with potential rally toward $202 if defended successfully. Solana SOL $179.1 24h volatility: 1.2% Market cap: $96.43 B Vol. 24h: $5.31 B price hovered near $180 on Wednesday, July 30, slipping from last week’s peak of $200 as markets turned cautious ahead of…

Price Predictions of Major Cryptocurrencies.

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Key points: Bitcoin remains stuck in a narrow range, suggesting a breakout could be around the corner. The FOMC minutes and Federal Reserve interest rate decision could set the tone for crypto’s next steps. Bitcoin (BTC) continues to trade near the $120,000 resistance, indicating that the bulls have kept up the pressure. Although Bitcoin is on a strong wicket, the up move may face seasonal headwinds. According to Axel Adler Jr., BTC has recorded an average return of just 2.56% in August in the past 13 years. However, near-term uncertainty…

Why Did Treehouse (TREE) Price Tank 50% Despite Binance Airdrop?

Key Notes Currently, only 18.6% of TREE’s 1 billion token supply is in circulation with more token unlocks to follow as per the schedule. The TREE price crash comes with a 200% gain in trading volumes at $350 million, suggesting strong bearish divergence. The Bull Bear Power (BBP) suggests continued bearish dominance with potential downside to $0.30. TREE, the native cryptocurrency of Treehouse, has collapsed by more than 50% today, soon after the token launch, which coincides with Binance’s announcement of a TREE airdrop. This clearly shows a rocky start…

Ethereum Traders Say Eth Price Setting Up “Biggest Move of the Cycle” to $16K

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Key takeaways: Ether runs into resistance at $4,000, but strong technicals and rising institutional demand could drive ETH into price discovery. Ether’s ascending triangle pattern targets an ETH price of as high as $16,700. Ether (ETH) trades 23% below its $5,000 all-time high reached in November 2021, as the $4,000 level remains the key resistance to break. Multiple analysts believe the largest altcoin is ready for a breakout that will usher in “its biggest move of the cycle.” Ether technicals target a five-digit ETH price ETH price has already risen…

Ethereum Price Could Rise To $9,000 This Cycle, Eyes Breakout Against Bitcoin

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Crypto analyst Lourenço has predicted that the Ethereum price could rally to $9,000 in this market cycle. This comes as ETH eyes a breakout against its BTC pair, which could spark a massive run for the crypto and other altcoins.  Ethereum Price Eyes Rally To $9,000 This Cycle In an X post, Lourenço opined that the Ethereum price could rally to as high as $9,000 at some point in this market cycle. This came as he analyzed the weekly ETH chart. The analyst noted that, depending on how the trend…

Shiba Inu Price Can Still Soar 500% According to Top Analyst

Key Notes Javon Marks, a top crypto analyst, has reiterated his optimism about Shiba Inu’s future price action. SHIB is trading at $0.00001298, but he noted that it could see a 500% upside to hit $0.000081. Beyond SHIB, Best Wallet offers users considerable appreciation for their capital with its ongoing presale. Javon Marks, a top crypto analyst, has taken to X to reiterate his optimism about the future price action of Shiba Inu SHIB $0.000013 24h volatility: 4.6% Market cap: $7.51 B Vol. 24h: $215.64 M . Though the crypto…

Bitcoin Short-Term Holders Spark New BTC Price Targets Down To $110,000

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Key points: Bitcoin short-term holders form important nearby BTC price support levels — but a gap remains between $110,000 and $115,000. Glassnode suggests that the price may drop to “fill” that gap next. Short-term holder profit-taking may cap BTC price upside at around $140,000 in the event of a breakout. Bitcoin (BTC) may face a “key” support test, which takes BTC price action to $110,000 next, says research. In the latest edition of its regular newsletter, “The Week Onchain,” crypto analytics firm Glassnode revealed a new BTC price magnet. Glassnode:…