Tag: Rally

TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

boss

Tron price is gaining pace above $0.0850 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.092. Tron is moving higher above the $0.0850 resistance level against the US dollar. The price is trading above $0.0862 and the 100 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0855 on the 4-hour chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.092 or even $0.095. Tron Price Regains Strength In the…

Bitcoin Price Breaks Higher, Is the Rally Just Getting Started?

boss

Bitcoin price is gaining pace above the $26,700 resistance. BTC is consolidating above $26,800 and might continue to rise above the $27,200 resistance. Bitcoin gained pace above the $26,500 and $26,700 resistance levels. The price is trading above $26,700 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $26,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher above the $27,200 resistance zone. Bitcoin Price Aims Higher Bitcoin price remained stable above the…

Ethereum-Based Altcoin Quietly Pulls Off 242% Rally This Month Amid Support from Crypto Exchange Gate.io

boss

One altcoin project has pulled off a more than 240% rally this month and secured a listing by a leading crypto exchange platform. The Loom Network (LOOM) kicked off September trading at a low of $0.038 and 25 days later soared to a high of $0.13, a 242% percent increase. LOOM has since retraced slightly and is trading for $0.11 at time of writing. Amid the strong performance, leading global crypto exchange Gate.io announced this week it was listing LOOM for trading. The Loom Network is a multichain interoperability platform…

TRX Could Rally To $0.095 and Outperform Bitcoin

boss

Tron price is holding gains above $0.0825 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.095. Tron is moving higher above the $0.0825 resistance level against the US dollar. The price is trading above $0.0830 and the 100 simple moving average (4 hours). There is a short-term contracting triangle forming with resistance near $0.0844 on the 4-hour chart of the TRX/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.088 or even $0.095. Tron Price Eyes Upside Break In the…

XRP Rally In Jeopardy? Decoding The Altcoin’s Bear Flag Pattern

boss

XRP, a cryptocurrency Ripple Labs uses to facilitate transactions on its network, has been making headlines recently for all the right reasons. The digital asset has emerged as one of the top performers in the crypto market in recent months, largely owing to Ripple’s significant legal victory against the US Securities and Exchange Commission in July. This victory marked a turning point in the ongoing legal battle that has been unfolding since December 2020. As XRP enthusiasts eagerly anticipate Ripple’s “Proper Party” scheduled for September 29, the crypto’s price remains…

MakerDAO (MKR) Recent Rally Signals Potential For New Highs

boss

The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This resurgence has reignited optimism among investors and speculators alike, suggesting that MKR may be poised to explore uncharted territory.  One of the pivotal factors driving this remarkable rally is the significant accumulation of MKR tokens by a group of crypto whales. This acquisition, confirmed by on-chain data from Santiment, reflects the growing interest in the cryptocurrency among large holders. Such whale activity is often seen as a bullish signal,…

Why Touching This Bitcoin Level Could Hold The Key For A Rally

boss

The price of Bitcoin was rejected as it approached critical resistance north of $27,000, and selling pressure continues over today’s trading session. If buyers can’t defend current levels, BTC’s price will likely re-test critical support, but this action could trigger a bounce for the cryptocurrency, according to fresh data. As of this writing, Bitcoin trades at $26,650, with a 2% loss in the last 24 hours. Over the previous seven days, the cryptocurrency has recorded sideways price action and underperformed XRP and Toncoin’s TON, which recorded a 5% and 25%…

Analyst’s Vision Of A 20% Rally

Chainlink (LINK) has caught the attention of crypto analyst Rekt Capital, who has offered an optimistic outlook for LINK. In a new price prediction, he suggested that the decentralized oracle network is on the verge of a significant recovery. Rekt Capital, a prominent figure in the crypto community, took to the social media platform X to share insights on Chainlink’s recent performance. According to the analyst, LINK has shown resilience by respecting its range-high resistance, a crucial milestone following its notable surge in price back in July. This achievement has…

Bitcoin Price Close Above $27,500 Could Spark Larger Degree Rally

boss

Bitcoin price is eyeing a key upside break above the $27,500 resistance. BTC could rally further toward $28,200 if there is a close above $27,500. Bitcoin is showing positive signs and facing hurdles near $27,500. The price is trading above $26,850 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support near $26,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rally further if there is a clear move above the $27,500 resistance. Bitcoin Price Eyes…

Bitcoin Bulls Eyeing $31,000 In Near-Term Rally

boss

Bitcoin (BTC), the dominant cryptocurrency, is experiencing a resurgence as recent developments in technical indicators and on-chain fundamentals instill renewed optimism among investors.  Capriole Invest, a prominent investment firm, has unveiled its Bitcoin Macro Index. This comprehensive machine learning model combines 40 influential on-chain, macro market, and equity metrics, providing valuable insights into Bitcoin’s fundamentals and shedding light on its potential future trajectory. Bitcoin Fundamentals Signal Renewed Optimism According to Capriole’s latest report, Bitcoin’s low timeframe technicals have continued to conform to the Wyckoff schematic over the past weeks, with…