Tag: Rally

Altcoins Rally as BTC Climbs Back to $43K

Altcoins led gains on Tuesday, with NEAR Protocol NEAR climbing 15% and Avalanche AVAX and Solana SOL adding 8% over the past 24 hours, while bitcoin (BTC) rose by around 5%. After reaching a daily low of $40,000 on Monday, bitcoin has picked up and is now trading around $43,000. Traders are looking to the next levels for the cryptocurrency, with Matteo Bottacini, a trader at Crypto Finance AG, seeing a break through $45,000 occurring only if there’s unexpected news or an equities rally. “A BTC breakthrough above $45k should…

Avalanche, Solana Memecoin Fever Continues amid Bitcoin Price Rally to $43K

Despite the fervor in memecoin trading, some trading firms suggest that recent market movements do not indicate an imminent correction in the short term. Earlier today, the world’s largest cryptocurrency Bitcoin (BTC) gained an additional 5% taking its price past $43,000 levels. The recent price surge comes as BlackRock, WisdomTree, and others submit their updated S1 applications to the SEC. Along with Bitcoin, the altcoin market is once again buzzing with activity. Solana, Avalanche, and Injective tokens experienced significant surges, reaching up to 20% over the last 24 hours as…

Bitcoin getting close to $43k, further rally expected

Bitcoin (BTC) gained bullish momentum after witnessing a local low of around $40,500 on Dec. 18. Key indicator suggests further bullish momentum. BTC is up by 4.3% in the past 24 hours and is trading at $42,930 at the time of writing. The asset’s market cap currently stands at over $840 billion with a daily trading volume of $26 billion. BTC price, whale activity, open interest, Binance funding rate, and RSI – Dec. 19 | Source: Santiment According to data provided by the market intelligence platform Santiment, Bitcoin’s Relative Strength…

Ethereum Price Restarts Increase But Can Bulls Turn It Into Rally?

boss

Ethereum price is recovering losses from the $2,120 support. ETH is up over 3% and the price could gain pace if it clears the $2,250 resistance. Ethereum is moving higher from the $2,120 support zone. The price is trading above $2,200 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $2,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could climb further higher if it clears the $2,250 resistance zone. Ethereum Price Restarts Increase Ethereum price…

Analyst claims Bitcoin is about to dump, rally is over

boss

This analyst believes the recent Bitcoin pullback signals the end of the current bull run, but not the entire multi-year bull market cycle. In his YouTube video posted on Dec. 18, the analyst behind the popular Crypto Banter channel provided his perspective that the recent pullback in Bitcoin (BTC) prices signals the likely end of the current cycle in the ongoing bull market, rather than the end of the bull market altogether. The analyst pointed to high leverage rates across crypto assets, excessive speculation in memecoins, and overcrowding of certain…

Solana’s Saga Phones Selling at Premium $5,000 on eBay as Bonk Price Rally Continues

The Saga phone comes with extra benefits, including a complimentary month of access to Helium Mobile and a free toy. Moreover, apps on Saga’s dApp Store offer special benefits and rewards for Saga holders. Saga phones, initially experiencing sluggish sales, are now fetching over $2,000 in resale on platforms like eBay, according to completed listings. Recent transactions include two phones reportedly selling for $5,000 and another for $3,361. The phones, which come with 30 million BONK tokens, a Solana-based meme coin, quickly sold out as traders identified an arbitrage opportunity.…

Internet Computer Loses Grip On $10, But Still Inks 82% Rally

boss

Internet Computer (ICP) is seeing bullish activity despite the current bearish atmosphere. As of press time, ICP, its native token, has lost its hold on the crucial $10 handle, and currently trading at $9.93, following a weekly rise of more than 80%. ICP surged by 30% over the weekend and peaked at $11.50 earlier. It has now broken into the top 20 cryptocurrencies by market capitalization.In the same time frame, the token’s trade volume increased by 73% to $730 million. ICP up over 80% in the last week. Source: Coingeko…

DOT Price (Polkadot) Holds Strong At $6.6, Signs Point To Fresh Rally Ahead

boss

Polkadot (DOT) is correcting gains from the $7.75 against the US Dollar. The price could start a fresh increase unless there is a close below $6.30. DOT is consolidating gains above the $6.60 support zone against the US Dollar. The price is trading above the $6.65 zone and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $6.65 on the 4-hour chart of the DOT/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls protect…

Bitcoin must stay above $43k for stronger rally: analyst

boss

After an impressive eight-week rally, propelling Bitcoin (BTC) from $27,200 to over $44,000, the cryptocurrency is now facing a possible massive correction. That’s according to analyst Justin Bennett. The “Daily Price Action” host expressed concern about Bitcoin’s current state, emphasizing the significance of staying above $43,300. Meanwhile, rising network fees and debates over Bitcoin Ordinals and BRC-20 tokens add complexity to the crypto landscape. Bitcoin is on the verge of correction   In a recent post on X, Bennett points out a less optimistic outlook for Bitcoin, stating that the BTC price…

Analyst Predicts 7500% Rally To $2.3

boss

Popular crypto analyst EGRAG just predicted a massive 7,500% rally that will send VET soaring to $2.3. VeChain (VET) is currently trading at $0.02945, but according to this analyst, the crypto is set for a price growth that would send it on a price growth into three sequential price targets.   EGRAG Predicts VET To Hit $2.3 VET’s price has had its ups and downs this year, reflecting the general market volatility of crypto assets this year. The crypto went on a price spike very early in the year, going on…