Tag: Rally

Bitcoin Price Breaks Key Barrier And Aims Fresh Rally To $18K

Bitcoin price gained pace and cleared the $17,000 resistance. BTC is showing positive signs and might rise towards the $18,000 resistance. Bitcoin started a fresh increase above the $16,800 and $17,000 resistance levels. The price is trading above $16,800 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $16,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise further towards the next hurdle near the $18,000 resistance. Bitcoin Price Gains Momentum Bitcoin price formed…

Polkadot (DOT) Inks 10% Rally

boss

Polkadot (DOT) is riding a solid bullish momentum that enabled it to stay in the green for the past 24 hours and maintain significant gains in the last seven days. According to tracking from Coingecko, at the time of writing, DOT is changing hands at $4.69, tallying a weekly hike of 10%. Moreover, the 13th largest cryptocurrency in terms of market cap has managed to trim its 30-day losses down to just 11.4% although it is still several miles away from its all-time high value of $54.98%. Holders, though, need…

Bitcoin Rally Loses Steam, Uncertainty To Dominate Price?

boss

Bitcoin (BTC) is back to its range after a failed attempt to reclaim previously lost territory, with a likelihood of seeing further losses. The crypto market has seen a weak price action in 2023, but BTC has been notably more fragile than other digital assets.  As of this writing, Bitcoin trades at $16,800 with sideways movement in the last 24 hours. In the previous seven days, BTC records 1% in profits. Over the same period, Ethereum (ETH), Cardano (ADA), Litecoin (LTC), and others have seen gains north of 6% and…

Litecoin Whale Withdraws $32M From Binance, Good For Rally?

boss

Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally. Litecoin Whale Takes Out $32M In LTC From Binance As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the past day. In total, the transaction involved the movement of 425,660 LTC on the blockchain, worth around $32.1 million at the time of the transfer. Related Reading: Billion-Dollar Hedge Fund Is Betting Against Bitcoin And Grayscale, Not Just…

Craziest Bitcoin Price Predictions For 2023, 1,400% Rally?

boss

The start of a new year kicked off Bitcoin price and crypto market forecasts across social media and mainstream media platforms. Experts are debating whether bulls or bears will drive 2023’s price action. Last year, bears took over and sent the benchmark crypto back to its 2020 levels.  As of this writing, the Bitcoin price trades at $16,700, recording a small profit during today’s trading session. On higher timeframes, the cryptocurrency continues to record sideways price action. The latter could operate as the dominant price action for 2023.  BTC’s price…

Bitcoin Could See Another Bull Rally If This Happens

boss

Bitcoin is still strangling at the $16,000 price level with no significant movement up or down. This is normal given the historically low rates of volatility that are being recorded in the market. However, there may be some good rallies in the near future for the digital asset, but it depends on what BTC whales do. Bitcoin Whales Not Interested A look at bitcoin whale transactions over the month of December shows that whale interest in the digital asset has been on the decline. This coincides with the low price…

Terra Classic (LUNC) Beats The Odds With 16% Rally, More Gains Ahead

boss

Terra Classic (LUNC) continues to show strength in the market despite losing over 99.9% of its value about 8 months prior. The digital asset which has now been reduced to the meme coin level still produces massive gains. Presently, LUNC is seeing double-digit gains even at a time when the majority of the market remains muted in terms of price performance. Terra Classic Pulls Big Gains Terra Classic (LUNC) saw a massive rally on Boxing Day that solidified massive gains for investors. Over the last 24 hours, LUNC has been…

Crypto community expresses Christmas market sentiments: ‘No Santa rally’

boss

Traders looking forward to a rally during Christmas were disappointed as the markets turned out to be steady as many celebrated the holidays. Crypto community members expressed their disappointment by sharing memes, with some even employing their creativity through poetry.  On Dec. 23, Data tracker Coinstats shared an image showing positive market movements and floating the idea of a potential “Santa Claus rally.” Is that the beginning of the Santa Claus Rally? pic.twitter.com/zf1WDNaGpm — CoinStats (@CoinStats) December 23, 2022 However, with Bitcoin’s volatility index hitting record lows on Dec. 25,…

This Resistance Could Trigger New Rally

boss

Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level. Litecoin started a fresh decline below $80 support against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price could start a decent increase if there is a clear move…