Tag: Rally

Bitcoin Price Resumes Rally, Another 5% Increase On The Cards?

Bitcoin price cleared the key $35,000 resistance. BTC is showing positive signs and might rally toward the $36,200 and $37,000 levels in the near term. Bitcoin is gaining pace above the $35,000 resistance. The price is trading above $35,000 and the 100 hourly Simple moving average. There was a break above a rising channel with resistance at $34,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is showing positive signs and might rise toward the $37,000 resistance in the near term. Bitcoin Price Breaks…

XRP Price Rally Threatened As Ripple Unlocks 1 Billion Tokens

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The XRP price rallied as recent reports from leading on-chain crypto tracker Whale Alert have revealed that Ripple Labs, the blockchain-based payment firm, has unlocked another 1 billion XRP as part of its monthly token unlock program. Origin Of Ripple Customary 1 Billion XRP Routine Today, the firm has unlocked yet another 1 billion tokens, performed in three separate transactions. Crypto tracker Whale Alert took to X (formerly Twitter) to share the alert with the crypto community, as each whale transaction was made one after the other. Related Reading: Ripples…

Thorchain Beats Rivals In Top 100 Coin Rankings With 34% Rally

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Over the past week, the market has exhibited a pattern of lateral movement, particularly noticeable in the top cryptocurrencies which have shown a downtrend in their pricing. Notably, THORChain has emerged as the standout performer, demonstrating significant strength by surging over 5% in value within the last day, and an impressive 34% increase over the course of the week. RUNE Soars Over 270%: A Thrilling Journey Of Value Surge Recently, the RUNE token on THORChain has seen a tremendous ascent. It started off on a fantastic trajectory, rising from a…

XRP Price Prediction – A Strengthening Case For Rally Above $0.62

XRP price is correcting gains from the $0.620 resistance against the US Dollar. The price might test the $0.5760 support, where the bulls could take a stand. XRP started a strong increase above the $0.580 resistance. The price is now trading above $0.585 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.5760 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might correct further lower, but the bulls could remain active near $0.5760. XRP…

Bitcoin just formed a bullish golden cross. What now after the rally

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The bitcoin price chart just flashed a bullish signal that typically heralds a big rally is on the horizon. On Monday, the cryptocurrency formed a “golden cross,” a pattern that’s drawn when the 50-day moving average crosses through, and above, an ascending 200-day moving average. Traders and analysts use it as an indicator that a market trend is about to turn more positive. The opposite, or so-called death cross, indicates a bearish change. “Golden and dark crosses tend to develop during overbought or oversold environments respectively,” Rob Ginsberg, an analyst…

XRP Price About To See “Face Ripping” Rally, Legendary Trader Weights In

The XRP price continues to enjoy positive performance as the crypto market trends to the upside. The current rally confluences with the sector’s historical performance; thus, cryptocurrencies could extend their bullish trend. As of this writing, the XRP price trades at $0.58 with a 5% profit in the last 24 hours. In the previous seven days, the cryptocurrency recorded an 11% rally and stood as one of the best performers in the sector over the same period, along with Solana (SOL) and Cardano (ADA). XRP’s price trends to the upside…

Pepe Conquers The Weekend Charts With 61% Rally

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Amidst the crypto market’s recent surge propelled by rumors of the Bitcoin Spot ETF approval, PEPE, a noteworthy altcoin, made a strong move by announcing the burning of over $5.5 million worth of its PEPE tokens. This smart decision resulted in a remarkable 30% surge within just 24 hours, propelling the value of PEPE to a two-month high. The surge in the crypto market triggered by the potential Bitcoin Spot ETF approval provided the perfect backdrop for PEPE’s strategic action, marking a significant upward shift in its value and indicating…