Tag: Rally

SOL Price Restarts Rally – Why Solana Could Surge Over 10%

Solana is gaining bullish momentum above $108. SOL price is showing positive signs, and it could even surpass the $118 resistance in the near term. SOL price started a fresh increase from the $98.50 support against the US Dollar. The price is now trading above $108 and the 100 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $108.80 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to rally if it clears the…

Ethereum Leaves Bitcoin Behind, But Is This Rally Sustainable?

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Ethereum has left Bitcoin in the dust with its latest rally towards $3,100. Here’s whether this run is sustainable based on futures market data. Ethereum Has Separated From Bitcoin With Over 7% Jump In Past Week While Bitcoin has been in consolidation lately, Ethereum appears to have been putting together bullish momentum entirely of its own, as the asset has jumped more than 7% in the past week. The chart below shows how ETH has performed during the last month. The price of the coin seems to have been climbing…

Ether’s (ETH) Bitcoin (BTC) Beating Rally Not Just Because of Potential ETF Approval: Bernstein

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Ether (ETH), the world’s second-largest cryptocurrency, has outperformed its larger rival bitcoin (BTC), with a 33% gain year-to-date. This rally is being driven by catalysts other than the potential approval of a spot exchange-traded fund (ETF), broker Bernstein said in a research report on Monday. Firstly, the ether supply is deflationary and has not increased since the Ethereum blockchain’s shift to a proof-of-stake consensus model in September 2022, the report said, adding that this fact is being underappreciated. The amount of ether locked up is also an important factor. Bernstein…

Crypto Analyst Predicts VET Price To Rally 14,600%

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Crypto analyst Egrag Crypto has put out an ultra-bullish price prediction for VeChain (VET), which the analyst predicts will achieve significant gains soon enough.  VeChain To See A 140x Gain Egrag mentioned in an X (formerly Twitter) post that the VeChain token could see a 50x or 140x gain. He further highlighted how the crypto token could achieve any of this move to the upside. Analysing the chart, he stated that a 50x move could be in play if VET sees a similar percentage increase to the one that occurred…

Uniswap 71% Single-Day Rally Raises Eyebrows

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The cryptocurrency market witnessed a significant shift in momentum on February 23rd, as Uniswap native token, UNI, skyrocketed by an impressive 71%. This surge marks the token’s highest price point since March 2022, sending shockwaves through the crypto landscape and reigniting interest in the decentralized finance (DeFi) sector. Source: Coingecko Uniswap Proposes Fee-Sharing Feast For Stakers The primary catalyst behind this astronomical rise appears to be a pivotal proposal unveiled by the Uniswap Foundation. This proposition advocates for the implementation of a novel fee-sharing mechanism, fundamentally altering the token’s utility…

Pro-Ripple Lawyer Tags Poor XRP Price Performance As Unnatural, Rally Imminent?

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XRP’s price action for the last three years has been majorly disappointing, with the crypto yet to turn positive for its holders. Notably, XRP’s price action for the past three months has been brutal and needs to catch up when compared to other large cryptos. Despite this underwhelming price movement, many analysts haven’t stopped predicting a potential rally for XRP in the coming months. Particularly, attorney Bill Morgan, who is known for his bullish stance on XRP, recently took to social media to share his take on the asset’s lackluster…

Bitcoin steady despite inflation worries; Solana competitor can rally in 2024

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. For those keeping an eye on the crypto market’s latest twists and turns, especially after the SEC decision on Bitcoin ETF, you’ve probably noticed that Bitcoin (BTC) is holding steady around the $52,000 mark despite some inflation concerns among the public. But there’s more to the crypto landscape than just Bitcoin’s stability – there’s an emerging crypto player on the scene that’s causing quite a stir. Enter InQubeta (QUBE),…

Stacks holders tracking Kelexo; Solana may rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Stacks (STX) holders are interested in the ongoing presale for Kelexo (KLXO). A Solana (SOL) expert recently suggested a potential rally. However, it’s important to remember that this is speculation and not guaranteed. This optimism surrounding Kelexo stems from its focus on addressing inefficiencies in the lending market through blockchain technology.  The expert’s analysis mentions scalability, security, and user-friendliness as potential differentiators for the project.  Stacks sees diminishing returns…

AI Tokens Surge, Outshining Market in Stunning Rally – Blockchain News, Opinion, TV and Jobs

By Enoch Mutembei The cryptocurrency space has witnessed a remarkable surge in the performance of AI-focused tokens, fueled in part by the recent unveiling of OpenAI’s cutting-edge artificial intelligence, Sora. OpenAI, under the leadership of CEO Sam Altman, introduced Sora last week, a revolutionary AI operating on a text-to-video logic, translating textual cues into concise video clips. This move has had a profound impact on the AI tokens market, propelling several projects to noteworthy gains in the past 7 days. Here are five standout AI tokens that have demonstrated exceptional…

FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles

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The index has gained over 11% in the past seven days, with FIL and GRT rallying over 40%, ignoring moderate weakness in the broader market. The index leader Chainlink’s LINK token has dropped 10%. The CoinDesk 20 index, a broad crypto market benchmark, has declined by 2% in seven days, with bitcoin (BTC), the world’s biggest cryptocurrency by market value, trading back and forth between $50,500 and $52,500. Original