Tag: Rally

Record-Breaking Bitcoin Rally Post-Trump Victory Begins To Cool In Derivatives Trading, What’s Next?

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Este artículo también está disponible en español. The massive Bitcoin (BTC) rally following Donald Trump’s victory in the US presidential election is beginning to show signs of slowing down, particularly in the derivatives market, as evidenced by the leading digital asset’s retreat below the $90,000 mark on Thursday.  Bitcoin Experiences Significant Liquidation Activity According to Bloomberg data, the premium for CME-listed Bitcoin futures contracts—commonly used by institutional investors to speculate on price movements—has decreased, indicating a potential shift in market sentiment. K33 Research notes that the basis, or the difference…

BNB Price Poised for Takeoff: Will It Be The Next to Rally?

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BNB price struggled to clear the $665 resistance zone. The price is consolidating and might aim for a fresh increase above the $635 level. BNB price started a downside correction from the $665 resistance zone. The price is now trading below $640 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $620 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $600 level to start another increase in the near term. BNB Price…

Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?

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Este artículo también está disponible en español. Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital asset inches closer to the highly anticipated $100,000 target. Notably, the ongoing price rally has seen relatively muted profit-taking, fueling hopes that BTC has further room to surge. Low Profit-Taking For Bitcoin In Current Cycle According to a recent report by Glassnode, the current BTC price momentum is primarily driven by strong spot demand and rising institutional interest. Particularly, the victory of Republican US presidential candidate Donald Trump…

LINK, XRP soar as FOMO drives traders to this new AI altcoin after 400% rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink and Ripple are set for further upswings; meanwhile, the projected 55x upswing after Intel Markets’ listing drives a frenzy. Given the market’s parabolic run, it has been a “no-sell November.” Between Bitcoin (BTC) recording successive peaks and altcoins skyrocketing, this might be the start of a full-blown bull market. To help traders position well for the upcoming bullish wave, this post will cover Chainlink (LINK) and Ripple (XRP)…

‘Kimchi Premium’ Returns Amid Rally

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…

Is Another Rally in Sight?

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Bitcoin price extended gains above $90,000. BTC is now consolidating gains near $90,000 and might attempt another increase in the near term. Bitcoin extended its increase and traded above the $92,000 zone. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $87,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it stays above the $85,400 zone. Bitcoin Price Sets Another ATH Bitcoin price started…

60% Rally Catches Whale Attention – Is More Growth Ahead?

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Este artículo también está disponible en español. Shiba Inu (SHIB) has had a significant surge this week, with its price increasing by over 60% in the last seven days. This increase is indicative of a broader trend in the cryptocurrency market, where significant coins such as Dogecoin are also reaping the rewards of overall market optimism. Related Reading SHIB’s ascent, presently valued at $0.00002803, is gathering traction, drawing the interest of both retail and institutional investors. In the past 24 hours, SHIB’s trading volume reached $5.69 billion, clearly indicating market…

Massive BTC price surge drives alts to new highs; DOGE, DTX lead rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s record-breaking surge above $80k boosts altcoins like Dogecoin and newcomer DTX Exchange, as experts predict BTC’s path to $100k. BTC’s price is surging toward the experts’ prediction of $100k. Currently trading above $80k, Bitcoin has broken the previous all-time high. This record-breaking performance in BTC price has driven potential coins higher. Dogecoin is among the top gainers, rising over 85% in the last seven days. This traction in…

Solana (SOL) Needs to Hold $200 for Next Rally: Will It Succeed?

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Solana started a fresh increase above the $200 support zone. SOL price is correcting gains and must stay above $200 for a fresh increase. SOL price started a fresh increase after it settled above the $188 level against the US Dollar. The price is now trading below $212 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $210 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls…