Tag: Rally

Ethereum Flashes Bullish Divergence – Is A Rally On The Horizon?

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The price of Ethereum (ETH) has shown some significant change in the past day rising by 1.86%. However, according to trading data from CoinMarketCap, the popular altcoin has recorded negative growth since December 2024 despite some significant gains in the past month. Interestingly, underlying market activity points to a potential price breakout. Ethereum Sees Strong Accumulation Activity Amid Price Dip Ever since touching the $4,000 price mark, Ethereum has slipped into a downtrend falling as low as $3,000. Amidst notable gains by Bitcoin in January, Ethereum continues to struggle hitting…

Stablecoin Liquidity Hits Record Highs, Signaling Potential Crypto Rally: Cryptoquant 

The cryptocurrency market appears primed for an extended rally as stablecoin liquidity reaches unprecedented levels, fueled by the rapid expansion of tether (USDT) and Circle’s USDC, according to an end-of-the-month analysis from blockchain analytics firm Cryptoquant. Cryptoquant Report Examines Stablecoin Growth and Market Implications Cryptoquant analysts disclosed that the total market capitalization of USD-pegged stablecoins […] Source CryptoX Portal

Ethereum Price Spikes 5% In A Day—Will the Rally Continue?

Ethereum appears to be regaining momentum, showing a notable recovery after reclaiming the $3,200 level. The asset has surged over 5% in the past day, pushing its market capitalization and daily trading volume higher. This recent movement has narrowed the gap between Ethereum’s current price and its all-time high to just 33%, giving investors reasons to pay closer attention. Various analysts have weighed in on the potential implications of this price action, offering a mix of short- and long-term outlooks. Analysts Discuss Key Levels and Future Targets Elite, a well-known…

Ethereum Price Forms Falling Wedge Pattern On 1-Day Chart That Suggests 20% Rally Is Coming

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Este artículo también está disponible en español. Ethereum’s price action is showing signs of an impending breakout as it moves back and forth within a falling wedge pattern on the daily candlestick time frame chart. According to an analysis first posted on the TradingView platform, this formation is a strong bullish signal that could push the Ethereum price toward $3,800 if history repeats itself.  The falling wedge, which is generally known to be a bullish price action structure, is developing between the 50-day and 200-day moving averages for Ethereum, in…

Bitcoin New High In 2 Weeks? Analysts Eye February Rally

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Este artículo también está disponible en español. After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump. Related Reading Choppy January, Double-Digit February? On Monday, the crypto market suffered a shakeout generated by the broader sell-off ignited by DeepSeek’s Artificial Intelligence (AI) news. Altcoins like Ethereum (ETH) and Solana (SOL) fell 8.4% and 15%, respectively, while Bitcoin dropped 5%. The flagship…

Bitcoin Finally Turns $100K Into Support – Ready To Rally Higher?

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Este artículo también está disponible en español. Bitcoin experienced a rollercoaster start to the week as the cryptocurrency dipped 5% below the critical $100K mark, only to recover and climb back above it. Monday’s price action highlighted the ongoing volatility in the market, leaving investors divided on Bitcoin’s next move. Some analysts are calling for a surge above the all-time high (ATH), while others warn of a potential continuation of the recent decline. Related Reading Market sentiment remains mixed, with uncertainty dominating investor decision-making. However, Bitcoin’s resilience above the $100K…

Dogecoin Rally To $0.35 Could Trigger Massive Short Squeeze

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Este artículo también está disponible en español. Dogecoin (DOGE) could be on the cusp of a significant price move that might ignite a powerful short squeeze, according to analyst Ali Martinez (@ali_charts). He pointed out on January 27, via X, that “$766.45 million in short positions will be liquidated if Dogecoin DOGE rebounds to $0.35,” implying that bearish traders stand on precariously thin ice. Massive Dogecoin Short Squeeze Incoming? A look at the up-to-date liquidation heatmap from Coinglass shows hefty short positions clustered between roughly $0.339755 and $0.34368. Coinglass data…

BNB Price Bounces Back Strongly: Is The Rally Sustainable?

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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…

Bitcoin Technical Analysis: Will a Break Above $106K Ignite a Rally Back to $109K?

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Bitcoin is currently valued at $104,810 to $104,987 over the past 60 minutes, with a 24-hour trading volume of $18.20 billion and a total market capitalization of $2.07 trillion. The intraday price oscillates between $104,492 and $105,376, reflecting a tightly confined trading band. Bitcoin On the daily chart, bitcoin demonstrates a discernible recovery from its […] Original

XRP Price Pauses Rally: Healthy Pullback or Reversal Ahead?

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XRP price struggled to continue higher above the $3.30 level. The price is now correcting gains and might find bids near the $3.00 level. XRP price started a downside correction from the $3.30 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3.1450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $3.00 support. XRP Price Dips…