Tag: Rally

Shiba Inu and Sponge rally as meme coins rebound

As the Bitcoin ETF narrative heats up, meme coins are taking center stage and starting to edge higher. Shiba Inu is rose by 7% earlier on Jan.9. Meanwhile, the upcoming Sponge V2 is also capturing attention as its pre-launch “buy-and-stake” campaign rises to $3.5 million. Shiba Inu recovers after sell-off The Shiba Inu price is down 7.68% this month but up 34% from its October 2023 lows. Currently, SHIB is trading at $0.000009409, up 4.5% on Jan. 9. Its 24-hour trading volume is $178 million, down 3.97%. Yet, its recent…

ADA Price Faces Key Hurdle, Can Cardano Surpass This To Start Fresh Rally?

Cardano (ADA) is attempting a recovery wave from the $0.4650 zone. ADA could start a fresh rally if there is a close above the $0.550 resistance. ADA price is moving higher from the $0.4650 zone. The price is trading below $0.570 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.545 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could accelerate higher if there is a clear move above $0.545 and $0.550. Cardano Price…

XRP Price Prediction – This Resistance Is The Key To Next Rally

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XRP price is moving higher from the $0.4540 support. The price could start a fresh rally if there is a clear move above the $0.600 resistance. XRP is attempting a fresh increase from the $0.4540 support level. The price is now trading below $0.5950 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6080 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.600 and $0.608 resistance…

Bitcoin Price Tops $47K, Could Rally 10-15% More if Spot BTC ETF Approved: LMAX Strategist

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Akash Who? Lesser-Known Altcoin Rules Weekend’s Top 100 List With 40% Rally

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Over the course of a single year, Akash (AKT) – a seemingly unheard of altcoin – exhibited a surprising surge, with its value skyrocketing by over 1,400%, showcasing remarkable resilience and strength in the market. This strong performance not only underscores the asset’s robustness but also positions it as a notable player in the cryptocurrency landscape. Akash Network’s Remarkable Recovery Surge When the price of the Akash Network (AKT) token recovered from the $0.75 level in mid-October 2023, it began an aggressive recovery pattern within the general tone of the…

Analyst Predicts 76% Lido DAO Rally If This Ascending Triangle Break Happens

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An analyst has explained that Lido DAO (LDO) could rally toward a new all-time high of $6 if a sustained breakout above this pattern occurs. Lido DAO Has Been Forming An Ascending Triangle Recently In a new post on X, analyst Ali discussed an Ascending Triangle that has been taking shape in Lido DAO’s weekly price chart. An “Ascending Triangle” is a pattern in technical analysis that, as its name suggests, has a triangular shape. This pattern has two main lines: an upper level that’s horizontal (that is, parallel to…

SEI What? Token Rules Top 100 Listing With 80% Rally

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The SEI token from the Sei Network has witnessed a remarkable 80% increase in value in the past week, as most of the leading cryptocurrencies drown in red amid wild speculations about the approval of a Bitcoin ETF by the US Securities and Exchange Commission that wobbled the market. SEI’s strong performance today has put its governance token at the top of the crypto 100 listing on Coingecko. The coin’s rally has been driven by the growing adoption of Ethereum Virtual Machine-compliant blockchains and the implementation of parallelization processes. An EVM,…

BTC’s 20-month high: exploring Bitcoin’s potential rally

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Bitcoin starts 2024 by surpassing the $45,000 mark, setting a new 20-month high. What’s next? At the onset of 2024, Bitcoin (BTC) has made a leap, surpassing the $45,000 mark and setting a new 20-month high. As of this writing, BTC is trading at $45,465. In 2023, Bitcoin experienced an increase of 156%, indicating its strongest yearly performance since 2021. This surge was primarily driven by the anticipation of the approval of spot Bitcoin exchange-traded funds (ETFs) in the U.S. Secondly, the expectation of major central banks cutting interest rates…

XRP Price Could Rally If It Clears This Hurdle

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XRP price is consolidating above the $0.600 support. The price could start a fresh rally if there is a daily close above the $0.650 resistance. XRP is attempting a fresh increase from the $0.600 support level. The price is now trading above $0.620 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.6380 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair start a fresh rally if it clears the $0.638 and $0.650 resistance levels. XRP…

Bitcoin could test $50,000 after new year rally, per chart analysts

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Bitcoin popped to start the new year as eager investors drove the price to nearly $46,000 on Tuesday. The rally began late Monday night and quickly pushed the cryptocurrency above $45,000. It hit a high of $45,913.30, a level not seen since April 2022. While bitcoin ended 2023 with a brief pause in its overall uptrend, it still posted its fourth positive month in a row and a 157% gain for the year. The next stop on the way to a new all-time high is between $48,000 and $50,000, chart…