Tag: Rally

Dogecoin Liquidity Sweep Signals DOGE Is Ready For A Rally

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Este artículo también está disponible en español. Dogecoin has been experiencing significant volatility, with a 44% surge followed by a 9% dip since October 10. This dramatic price movement has left analysts and investors cautiously watching the market, unsure of Dogecoin’s next move. Some believe DOGE is gearing up for a massive rally, driven by renewed interest and momentum. In contrast, others are more skeptical, suggesting that the meme coin may be entering a consolidation phase. Related Reading Top crypto analyst Bluntz recently shared a technical analysis on Dogecoin, highlighting…

Gold Rally Needs to Pause for Bitcoin (BTC) Price to Break All-Time High, Data Suggests

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BTC, the leading cryptocurrency by market value, has been trading back and forth in a wide range between $50,000 and $70,000 since April, with several crypto-specific and macro factors consistently capping the upside. Meanwhile gold has surged by over 20% during the same time, reaching new record highs above $2,700. The yellow metal is up 37% this year. Silver, for its part, is up 43% this year after almost touching $35 on Tuesday, marking a 12-year high. Original

Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed

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Bitcoin (BTC) has seen a slight price decline recently, but according to a new analysis, there could still be signs of a potential short-term uptrend. A CryptoQuant analyst, Yonsei Dent, shared his insights on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on Bitcoin’s price movement. Key Indicators For Bitcoin Short-Term Momentum Dent’s analysis takes a closer look at how the movement of the Coinbase Premium Index—a measure of the price difference between Bitcoin on Coinbase and other exchanges—could indicate potential price trends for Bitcoin.…

Time For Q4 2024 Rally?

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Este artículo también está disponible en español. After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation? According to a recent analysis by on-chain analytics platform CryptoQuant, BTC transactions worth less than $10,000 are rising, reflecting a shift in the market’s sentiment from risk-averse to risk-on. Source: CryptoQuant Related Reading Tracking transactions under $10,000 helps gauge retail activity. Unlike institutional transactions driven by fundamentals and long-term outlooks, market sentiment and news often influence retail…

Cardano’s Pullback Short-Lived, Fresh Rally Underway For ADA?

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Este artículo también está disponible en español. Cardano (ADA) has made a strong comeback, with bulls stepping in to reverse the recent pullback and drive a fresh rally. After a brief period of downward pressure, the cryptocurrency is gaining traction once again, sparking renewed optimism among traders and investors.  With positive momentum building, Cardano is showing signs of further upside movement, positioning it for continued gains toward the $0.4233 mark. The question now is whether bulls can sustain this surge and push ADA toward new highs.  As the uptick progresses,…

Dogecoin Rockets 30% In A Week, Sparking Hype For Uptober Rally

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At press time, Dogecoin was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours. In a week, the meme coin has gone pretty high at a 30% increase which propelled its 24-hour trading volume to $1.9 billion with an upsurge of 35%. Positive Sentiment And Indicators For DOGE Ascent According to market analysts, there are a number of indicators that show it is the right time to invest in DOGE. As observed by Digitalcoinprice, several technical signals have…

Shiba Inu Soars: Analyst Predicts 71% Rally In ‘Meme Super Cycle’ – Details

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Rising as one of the best-performing meme coins, Shiba Inu (SHIB) keeps making headlines in the crypto scene. The meme coin has jumped by over 30% during the past month, drawing both retail and analytical interest. Some analysts think SHIB may soon overcome a major resistance level with a community-driven rally bringing its market capitalization over $11 billion, therefore enabling even further gains. This thrill is driven mostly by a prediction from a pseudonymous analyst called FOUR. Fueled by what he describes as a “hyper meme coin cycle,” FOUR claims…

Bitcoin Retail Activity Soars After 4-Month Slump—Would A 72% Rally Follow?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin (BTC) Price Pulls Back Below $67K as Crypto Rally Cools

Checking possible catalysts for today’s action, one need look no further than the recent price movement: bitcoin had risen in near-continuous fashion since dipping to just under $60,000 eleven days ago – a modest reversal was surely in the cards at some point. There’s also been a sharp rise in interest rates across Western economies on Monday, among them 10 basis point gains in both the U.S. 10-year Treasury yield and the German 10-year Bund yield. Other things being equal, higher rates can often pressure prices of risk assets, bitcoin…