Tag: Rally

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

boss

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

boss

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…

VanEck predicts a 10,600% Solana price rally by 2030

boss

Layer-1 blockchain and Ethereum competitor Solana has seen its native SOL token surge above $32 this week, as asset management company VanEck anticipates further price gains and shares its price forecast. In a report, VanEck outlined diverse valuation scenarios for Solana’s (SOL) price to range from a conservative $9.81 to an ambitious $3,211.28 by 2030 (in comparison, Ethereum’s target price is $11,800). This would mark a 10,600% price surge for Solana in the coming years. The report also delves into a potential scenario where Solana becomes the first blockchain to…

After A 170% Spike, Is The Maker (MKR) Dream Rally Over?

boss

After rallying over 170% from June 2023 lows, there are signs that Maker (MKR) bulls are losing momentum, looking at price action and decisions by various whales acting via an intermediary. At spot rates, MKR is changing hands at near 2023 highs but is down 16% from October highs.  Maker (MKR) Is Selling Off: The Bull Run Is Over? MKR is dumping at an unexpectedly faster pace, reversing gains posted in early Q4 2023, a concern. According to The Data Nerd, Falcon X sent 5,690 MKR worth $8.52 million to multiple…

Chainlink (LINK) Shines with Remarkable 50% Surge smid Crypto Rally

With how LINK is moving in recent times and its historical precedent, there are indications that it may serve as a market leader once again, potentially triggering another bullish trend. Chainlink (LINK), a decentralized blockchain oracles service provider has emerged as a standout performer, witnessing an astounding 50% increase in its price as the crypto market witnessed a significant uptick in valuation. Understanding the Chainlink Surge The recent surge in Chainlink’s price can be attributed to the overall bullish sentiment permeating the crypto market. This sentiment was primarily driven by…

Crypto Analyst Who Called Bitcoin’s Parabolic Rally Picks Altcoin Set To Pop

boss

Predicting the Bitcoin price movements and when altcoin prices will rally again is not a small feat but one analyst has managed to do so. Crypto analyst TonyTheBull has been calling for a bull market, saying that this cycle differs from previous ones in the fact that there will be a rally this year. This proved to be true last week when the price of Bitcoin started surging and hit as high as $35,100. Now the analyst has called the next altcoin to outperform, and it already is. Fetch (FET)…

XRP Price Prediction – Bulls Could Take Advantage Of Price Dip To Restart Rally

boss

XRP price is correcting gains from the $0.585 resistance against the US Dollar. The bulls are active near $0.550 and might soon initiate a new rally. XRP started a strong increase above the $0.55 resistance. The price is now trading above $0.525 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5520 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 $0.5320. XRP Price…