Tag: Rally

Solana Set For 900% Rally With Breakout From This Pattern — Analyst

boss

Recent events have brought Solana (SOL) to the spotlight, drawing in both experts and investors due to its notable price gain. According to market expert Ali Martinez, the price of Solana is likely to see a remarkable growth of 900%, which will ultimately result in the price reaching $1,630. Related Reading Based on his prognosis, Solana might be about to perform better in the coming weeks or months. This is because it has recently displayed a pattern called a “bull pennant”, which in technical lingo usually means the price is…

XRP Price Positioned for a Surge: Is Another Rally on the Horizon?

XRP price is holding gains above the $0.5920 zone. The price could gain bullish momentum if it clears the $0.6120 resistance level. XRP price is consolidating gains below the $0.6120 resistance zone. The price is now trading near $0.6050 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.6120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.5920 support zone. XRP Price Eyes Fresh Increase XRP price remained…

Dogecoin Set For 1,700% Rally, Echoing Past Cycles: Analyst

boss

Crypto analyst Ali Martinez, known as @ali_charts on X, has shared a highly optimistic scenario for the Dogecoin (DOGE) price based on historical price movements and pattern analysis today. Martinez emphasized a repeating cycle in Dogecoin’s market behavior, suggesting a potential for massive gains similar to those observed in previous bull runs. Dogecoin Price Set To Repeat History? According to the analysis, Dogecoin appears to be following a consistent pattern where it consolidates within a descending triangle, followed by significant rallies of 140% to 230%. This is typically succeeded by…

Ethereum Name Service 153% Rally ‘Underway’, Analyst Says

boss

Even though the crypto market has been quite unstable, Ethereum Name Service (ENS) has been showing a lot of growth potential. ENS has shown it can bounce back with an almost 4% rise in the last week. Its success over the last 30 days has been even better, with a 15% increase. People think that the release of Ethereum ETFs will be a big part of making ENS more well-known and appealing. These ETFs are a big change in the world of cryptocurrencies, and they might get more investors interested.…

Golden Cross Appears On XRP Price Chart, Factors That Could Drive A Fresh Rally

boss

The XRP price has struggled despite scoring multiple partial victories against the United States Securities and Exchange Commission (SEC) over the last year. The initial surge was not enough to push it into the coveted $1 level. However, this has not deterred bulls, especially with bullish formations on the chart and multiple predictions that the XRP price is set to hit a new all-time high. XRP Price Flashes Golden Cross A pseudonymous crypto analyst who goes by @Nico369K on the X (formerly Twitter) platform has pointed out an interesting formation…

Solana Hits $170, Bullish Channel Formation Indicates Possible Rally

boss

The cryptocurrency market has witnessed significant fluctuation, with Solana (SOL) experiencing a notable retracement to $170.27, creating a bullish channel in the process. This recent market behavior happens after a period of a potential rally that has previously pushed the price of SOL above the $170.27 level.  As the price of this digital asset continues to trend within the channel, the question remains whether bulls will regain control and push the price above the bullish channel or will the bears maintain their dominance and drive the price below it. In…

XRP Whales Go On $84 Million Buying Spree: Rally To Continue?

boss

On-chain data shows the XRP whales have participated in a large accumulation in the past week, which could be bullish for the asset’s price. XRP Whales Bought More Than 140 Million Tokens Over The Past Week As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their supply share recently. The on-chain indicator of relevance here is the “Supply Distribution” from the analytics firm Santiment, which tells us about the total amount of tokens a given wallet group holds. The addresses or investors…

Cosmos Set For 50% Rally After Recent Plunge, Analyst Eyes $12

boss

The market for cryptocurrencies is humming with hope because the recent climb of Bitcoin and the launch of Ethereum ETFs today is seen to create a positive wave. In this bustling environment, Cosmos (ATOM) is one cryptocurrency that shows great potential for a big break-through. Related Reading Although ATOM has stayed somewhat steady, with a little rise of 1.23% over the previous week and a drop of 4% over the last 30 days, experts feel it is about ready for a significant climb. ATOM’s market position is notable at its…

Helium (HNT) Rockets In Value With 41% Rally

boss

Some altcoins today are seeing a strong and consistent bullish attitude with their traders, and Helium is one of those. The latest market data shows that the token is up nearly 41% since last week.  HNT price sustains weekly climb. Source: Coingecko Related Reading This is largely sustained by continuing efforts to make the network robust and usable in everyday life. Its entry into the telecommunication industry also helped carry this momentum in the long run. Helium: Mobilizing Userbase Helium’s mobile arm is the reason why HNT is at the…

XRP Rally To $0.6360 Subsides As Price Faces New Decline

boss

In recent trading activities, XRP has taken a significant hit in its latest attempt to rally toward its previous high of $0.6360. Despite initial bullish momentum suggesting a potential breakout, XRP could not sustain its upward trajectory. The failure to reach the anticipated target has led to a notable decline in value, raising concerns among traders and analysts about the short-term outlook for XRP. As XRP struggles with these hurdles, this article seeks to analyze its current price movement and the technical indicators suggesting a sustained drop. The goal is…