Tag: Rally

Ethereum’s Path to $8,500? Analysts See Setup for Massive Rally

Key Notes Analysts warn that failure of Ethereum price to reclaim this zone could lead to $2,800. Large investors have significantly increased ETH holdings. One whale buying $130.7 million worth of Ethereum over three weeks. . Along with BTC $88 884 24h volatility: 1.5% Market cap: $1.78 T Vol. 24h: $38.07 B , the ETH $2 980 24h volatility: 1.7% Market cap: $360.04 B Vol. 24h: $15.71 B price has also shown 1.4% gains on December 26 and is eyeing a breakout past $3,000 resistance. Market experts believe that sailing…

Tokenized Commodities Near $4B, as Gold Extends All-Time Rally

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Blockchain-based tokenized commodities are nearing the $4 billion milestone, following new all-time highs reached by the world’s leading precious metals. Gold, silver and platinum hit record highs on Friday, with spot gold rising as high as $4,530 per ounce, TradingView data shows. Silver, currently not a major contributor to the tokenized commodities market, briefly touched an all-time high of $74.56 per ounce. Tokenized commodities rose 11% in the month leading to Friday, reaching $3.93 billion, according to data aggregator RWA.xyz. Tether Gold (XAUt) was listed as the largest tokenized commodity,…

Analyst Shares ‘Interesting Chart’ That Has Previously Led To A Rally

Crypto analyst Steph has pointed to an “interesting” chart, which has previously led to an XRP price rally. This came as the analyst also suggested that the altcoin may be forming a bottom in preparation for the next leg to the upside.  Analyst Shares Why This Chart Is Interesting For The XRP Price In an X post, Steph highlighted the 3-week XRP price chart, stating that it was “interesting” for one reason. He revealed that the Stochastic Relative Strength Index (RSI) has dropped to 0.00 on the 3-week timeframe, which…

Dogecoin Price Could Rally If It Reclaims This Fibonacci Level

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The Dogecoin price is currently trading within a tight range as analysts evaluate its next potential move. Recent technical analysis has focused on specific price levels that could influence future movement. They suggest that a shift in broader crypto momentum, combined with a crucial Fibonacci level reclaim, may set the stage for a renewed, explosive upside for DOGE.  Dogecoin Price Faces Key Test At $0.138  Dogecoin has been trending downwards for months now, as it faces pressure from ongoing volatility and an overall market slowdown. Although DOGE’s price remains below…

Ether Sees Massive Smart Investor Buys, Relief Rally Ahead?

Key Notes Ether stayed range bound below $3,000 amid dip buying from large wallets. A whale recently added 40,975 ETH, worth about $121 million. Despite accumulation, Arthur Hayes sent 682 ETH worth about $2 million to Binance. Ether ETH $2 931 24h volatility: 1.2% Market cap: $353.54 B Vol. 24h: $19.76 B is trading in a narrow range below $3,000 on Dec. 24. Some traders are calling for a broader down move, but onchain data shows that smart investors are steadily buying the dips. Data from Lookonchain shows the so-called…

Gold Silver Rally but Bitcoin Fails to Catch Up

Key Notes Bitcoin is down roughly 30% from its October peak and is on track for its worst Q4 in seven years. The crypto market has shed over $700 billion in market cap since October. Some suggest market manipulation, while others believe BTC is following the risk curve. Gold and silver have pushed to new highs, while US equities have reached near record levels. However, Bitcoin BTC $87 780 24h volatility: 2.4% Market cap: $1.75 T Vol. 24h: $38.96 B has been moving sideways after a sharp correction. The leading…

Bitcoin price stalls at around $88k as bulls face-off against key decision and Christmas rally narrative

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Bitcoin price has traded below its two-year bull market channel for six weeks, with a 2021-style rounded top and VanEck’s hashrate drop data framing a pivotal retest of resistance. Summary BTC broke below a long-running ascending channel and has since logged three failed reclaims, turning the channel’s lower boundary into stiff resistance.​ Current price action echoes 2021’s rounded top: breakdown, sharp dump, corrective bounce and renewed selling into the same support zone now being retested.​ VanEck flagged a 4% hashrate drop that has historically aligned with market bottoms, but analysts…

Will the Santa rally be a Letdown?

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Bitcoin (BTC) charged toward $90,000 during the early Asia trading hours on Monday as a key market metric suggested a “tactical” upside potential for BTC price.  Key takeaways: Bitcoin is up 6.5% from recent lows, fueling “Santa Rally” hopes with targets up to $120,000.  Short liquidations are dominating, which can provide fuel for the bulls. Bitcoin price must not fall below $84,000 for a sustained recovery. BTC/USD daily chart. Source: Cointelegraph/TradingView ”Santa rally” talk returns as BTC gains $5,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting an…

UXLINK Announces Token Buyback Proposal, Price Rally Ahead?

Key Notes UXLINK has proposed a monthly token buyback plan. UXLINK price jumped 5% following the announcement. Buybacks continue to gain traction across the broader crypto sector. AI-based Web3 social platform, UXLINK, has announced a monthly buyback proposal for its native token, UXLINK. The move comes as the project reports steady profitability and continued user growth, but token price lags behind. In a recent X post, UXLINK proposed plans to allocate a portion of its monthly profits toward buying back at least 1% of the total UXLINK token supply. These…