Hedera (HBAR), despite the very unpredictable cryptocurrency market, has demonstrated its ability to defy trends by recording more than 14% increase on its price chart, Sunday. Hedera has not only held its place despite the volatile circumstances that frequently affect other digital assets, but has also shown steady resilience. At the time of writing, HBAR emerged as the only crypto in the top 50 ranking with the highest increase in the seven-day timeframe at 15%. Trading at $$0.063, HBAR only sustained a very minor 1.1% loss in the last 24…
Tag: Rally
THORChain Emits Force With 50% Rally As Top 100 Coins Falter
Within the dynamic cryptocurrency environment, THORChain (RUNE) has emerged as a notable altcoin, capturing the interest of investors who are actively pursuing methods to augment the diversification of their investment portfolios. In conjunction with the established entities such as Bitcoin and Ethereum, the cryptocurrency market has experienced significant growth with a diverse range of alternative coins, each presenting unique attributes and prospective prospects. Altcoins, which comprise a diverse array of technological advancements, application cases, and governance frameworks, provide investors a wide range of options to consider. THORChain Emits Force In…
Price Spikes by 20% in Startling Rally
Toncoin (TON) recently saw a remarkable breakthrough, shattering its month-long consolidation phase and providing a glimmer of hope for traders. The coin, which had been confined within a price range of $1.31 to $1.49, broke free from this range-bound pattern, but not without facing its share of challenges. During the consolidation phase, Toncoin exhibited multiple instances of attempting to breach the crucial $1.50 mark. These efforts sparked optimism among bullish market participants, hinting at a potential upward trajectory. However, despite their persistence, the coin fell short of breaking through the…
Maker Large Holders Accumulate, MKR Rally To Continue?
On-chain data shows large Maker holders have accumulated recently, a sign that the rally could extend soon. Maker Large Holders Have Continued To Expand Their Holdings Recently According to data from the market intelligence platform IntoTheBlock, inflows to the wallets of the large MKR investors have been taking place for a while now. The “large holders” here refer to those investors who hold at least 0.1% of the cryptocurrency’s circulating supply. In Maker’s case, this value would equal about $1.2 million. Thus, the only holders who would clear these criteria…
Chainlink Hints At Potential Rally To $8
Chainlink’s LINK price is holding the $7.30 support zone. The price could start a fresh increase if it clears the $7.50 resistance zone. Chainlink token price is showing positive signs above $7.30 against the US dollar. The price is trading above the $7.40 level and the 100 simple moving average (4 hours). There is a key declining channel forming with resistance near $7.50 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could gain bullish momentum above the $7.50 resistance zone. Chainlink (LINK) Price Eyes…
Toncoin Throws Weight To Lead Weekend Top 20 With 15% Rally
The dynamic and ever-evolving blockchain community has shown a great deal of interest in and enthusiasm for Toncoin (TON). Due to its technological underpinnings and innovative answers to the long-standing problems that have plagued the field of decentralized finance, this digital money has risen to popularity very quickly. At the time of writing, TON was trading at $1.46, registering an impressive 10.4% increase in the last 24 hours. Equally impressive is the crypto’s price rally in the last week, when it registered a 22% climb, data from crypto market tracker…
Dogecoin Rally Ahead? This Positive Correlation Data Points To A Potential 20% Jump For DOGE
Dogecoin has been one of the cryptocurrencies to watch in the past few weeks. However, the token’s price appears to be slowing down after recording significant bullish momentum. Interestingly, there might be renewed optimism around the DOGE price, as a crypto analyst has offered insight on what to expect from the meme coin in the coming weeks. Dogecoin To Experience A 20% Price Rally? On Thursday, August 10, crypto analyst Ali Martinez shared data from IntoTheBlock, suggesting that DOGE might witness a positive price movement soon. This suggestion is based…
SEC Likely to Approve Several Spot ETFs Sparking, Next Bitcoin (BTC) Rally: Matrixport
There is a high possibility that several spot bitcoin (BTC) exchange-traded-funds (ETFs) could be approved in quick succession by The U.S. Securities and Exchange Commission (SEC), triggering the next move higher for the world’s largest digital currency, crypto services provider Matrixport said in a report Thursday. Original
Cardano (ADA) Next In Line For A Rally Following Shark And Whale Buying Spree
Cardano (ADA) has not exactly been the best performer in the last month. Instead, the altcoin’s price has continued to stall even during periods of market recovery. However, this trend could change pretty soon given the current accumulation trend among sharks and whales, something that could take a significant chunk of available supply off the open market and trigger another rally. Cardano Sharks And Whales Go To Market In a Tuesday post, the on-chain data aggregator platform Santiment revealed an interesting development concerning the ADA sharks and whales. The sharks…
Bitcoin Price To Stay Below $30,000, Thick Ceiling To Hinder Rally?
The Bitcoin price has experienced a slight uptick in the past 24 hours as bulls defended critical support. The number one cryptocurrency by market cap might try another run north of critical resistance, but recent data points towards further sideways price action. As of this writing, Bitcoin trades at $29,400 with a 2% profit in the past day. Over the past week, the cryptocurrency has recorded similar profits while the rest of the market stalls or sees losses. Key resistance stands at around $30,000, but BTC failed to breach it…