Tag: Rally

Bitcoin Poised For Minimum 60% Rally As 3 Critical Signs Align

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Este artículo también está disponible en español. Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned. Bitcoin Price Set For Next Bull Run Zeberg highlights the Relative Strength Index (RSI), which is traditionally used to assess whether an asset is overbought or oversold. Currently, the RSI is…

Bitcoin’s Bull Rally Hinges On $57K Support Level—Here’s Why It Matters

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Bitcoin (BTC) has continued its ascent in recent weeks, reclaiming major highs. However, recent analysis suggests that the $57,000 level could be one of the most critical support points for the ongoing bull rally. This insight comes from a CryptoQuant analyst, Burak Kesmeci, who highlighted the role of Bitcoin Spot Exchange-Traded Funds (ETFs) in shaping the market stance. Bitcoin Resilience At The $57,000 Level Spot ETFs have emerged as a major instrument in the Bitcoin ecosystem, offering a regulated entry point for institutional investors. According to Kesmeci, the average cost…

Analyst Says This Bitcoin Price Rally Has A ‘Different Ring To It’, Places Next Target At $109,000

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Este artículo también está disponible en español. A new Bitcoin price target has been set at $109,000, with an analyst predicting that the pioneer cryptocurrency could surge to this projected level before the end of the year. This bullish forecast comes as Bitcoin experiences new momentum that has pushed its price well above $67,000.   New Bitcoin Target Set At $109,000 A Bitcoin technical analyst identified as ‘CryptoCon’ has taken to X (formerly Twitter) to unveil his bullish prediction for the Bitcoin price. While many analysts believe that this Q4 is…

MAGA, STRUMP, TREMP rally amid increasing odds of a Trump victory

Trump-themed meme coins surged as the odds of the former U.S. president winning the 2024 election increased on prediction markets. MAGA Hat (MAGA), a prominent Trump-inspired token, saw its price increase by 23.8%, bringing its market valuation to $68.7 million. Similarly, Super Trump (STRUMP) climbed by 31.9%, reaching $0.0084 per token, while Doland Tremp (TREMP) rose by 20.4%, with a market cap now at $36.1 million. The upward momentum was not limited to these coins alone, as Dark MAGA (DMAGA), a token representing a more authoritarian, dystopian version of Trump…

Bitcoin Coinbase Premium Is Negative Despite $68,000 Rally: What It Means

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Este artículo también está disponible en español. Data shows the Bitcoin Coinbase Premium Index has remained negative during the rally to $68,000. Here’s what this could mean for the asset. Bitcoin Coinbase Premium Index Is Currently Showing Red Values As explained by an analyst in a CryptoQuant Quicktake post, the BTC Coinbase Premium Index is inside the negative zone right now. The “Coinbase Premium Index” is an indicator that measures the difference between the Bitcoin prices listed on the cryptocurrency exchanges Coinbase (USD pair) and Binance (USDT pair). When the…

Dogecoin Restarts Rally: Is The Doge Hype Reigniting?

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Dogecoin is rising above the $0.120 resistance zone against the US Dollar. DOGE is now showing positive signs and might clear the $0.1280 resistance. DOGE price started a fresh increase above the $0.1200 resistance level. The price is trading above the $0.1220 level and the 100-hourly simple moving average. There was a break above a major declining channel with resistance at $0.1170 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain bullish momentum if it clears the $0.1250 and $0.1280 resistance levels. Dogecoin…

Strong Buy Signal For DogWifHat (WIF) – Key Indicator Hints At Rally To $4

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Este artículo también está disponible en español. DogWifHat (WIF) is emerging as one of the top meme coins in the market, currently testing a critical liquidity level that could propel the price to new highs.  As the broader crypto market navigates a period of volatility and uncertainty, traders eagerly search for confirmation of a potential rally. WIF, which has gained significant traction in recent months, is now at a crucial point where the next move could define its short-term future. Related Reading Prominent analyst and investor Ali Martinez has shared…

Shiba Inu On The Brink Of A 400% Rally, Analyst Says

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?

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Este artículo también está disponible en español. Bitcoin (BTC) has surged past the $65,000 mark, renewing traders’ optimism for an “Uptober” rally that could extend the digital asset’s bullish momentum. Is The Bitcoin “Uptober” Rally Finally Here? In the early hours of October 15, Bitcoin briefly crossed $66,000 before retracing to $65,964 at the time of writing. Over the past 24 hours, BTC has gained 1.4%. According to a report by crypto exchange Bitfinex, Bitcoin’s decisive move past the crucial $63,000 resistance level, combined with encouraging on-chain metrics, points toward…

Litecoin (LTC) Jumps 10%: Can the Bulls Fuel a Bigger Rally?

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Litecoin price is gaining pace above the $70.00 level against the US Dollar. LTC could continue to rise if it clears the $72.80 resistance zone. Litecoin is showing positive signs from the $65 support zone against the US Dollar. The price is now trading above $70 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $68.00 on the hourly chart of the LTC/USD pair (data feed from Kraken). The price is up over 10% and might continue to rise if it clears…