Tag: Rally

Altcoin Rally Update: Whales Loading Up on ENA, LINK, and AAVE

Key Notes Whales accumulated millions in ENA, LINK, and AAVE. Chainlink Reserve added 89,079 LINK in 24 hours and is about to hit the 1M mark. TOTAL3’s descending wedge hints at an imminent altcoin breakout. The altcoin market is hinting at an upcoming bullish reversal with fresh on-chain data indicating aggressive accumulation in three major tokens, Ethena ENA $0.29 24h volatility: 3.8% Market cap: $2.16 B Vol. 24h: $257.56 M , Chainlink LINK $13.42 24h volatility: 0.6% Market cap: $9.36 B Vol. 24h: $419.66 M , and Aave AAVE $187.0…

Solana Bounces Despite First ETF Outflows – 5% Rally Ahead?

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As the crypto market rebounds from the recent lows, Solana (SOL) has reclaimed a crucial level, nearing a key resistance area that could set the stage for a long-awaited price recovery rally, according to some market watchers. Related Reading Solana Bounces Despite ETF Outflows The crypto market has surged above the $3 trillion mark for the first time in a week, with Bitcoin, Ethereum, and most leading cryptocurrencies reclaiming crucial support levels lost during the latest market pullback. Solana joined the market rally and jumped from the recently recovered $135-$140…

ETH Whales Abstain As Data Shows Reduced Odds For $4K Rally

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Key takeaways: ETH derivatives exhibit a fading bullish appetite as Ethereum’s TVL declines and network fees decrease, reinforcing persistent risk aversion. US job layoffs climb, and seasonal hiring weakens, leaving traders waiting for fresh liquidity before rebuilding confidence in ETH’s near-term upside. Ether (ETH) has climbed 15% from its $2,623 low made last Friday, yet derivatives metrics show traders remain cautious. The absence of bullish leverage from top ETH traders, combined with falling Ethereum network fees, weakens the case for sustained upside. As a result, traders question what must shift…

Bitcoin Hits Most Oversold Levels in History: Massive Rally Incoming?

Key Notes The 2-year MVRV Z-Score shows Bitcoin at its lowest historical levels, comparable to previous major market bottoms in 2018 and 2022. Analyst Michaël van de Poppe identifies a hidden bullish divergence following October’s massive liquidation event and subsequent price crashes. Large traders are positioning bullish with high-leverage longs on BTC and ETH while Arthur Hayes accumulates altcoins including ENA, ETHFI, and PENDLE. Bitcoin BTC $91 457 24h volatility: 1.4% Market cap: $1.82 T Vol. 24h: $68.45 B has reclaimed the $91,000 price while traders wonder if the bottom…

Dogecoin Falling Wedge Formation Says Expect 80-90% Rally In The Coming Days

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Dogecoin (DOGE) is flashing a potential bullish reversal signal as a crypto analyst points to a breakout setup forming on the mid-term chart. The analyst’s chart highlights a tightening Falling Wedge on the 12-hour timeframe, signaling a possible shift in momentum after weeks of sustained decline. With price compressing toward the Falling Wedge’s apex, he has predicted that Dogecoin could soon see an explosive 80-80% price rally.  Falling Wedge Pattern Points To Massive Dogecoin Breakout Crypto market expert Clifton Fx has released a new Dogecoin update on X, drawing attention…

Pi Eyes Rally After CiDi Games Deal

Key Notes Pi coin’s price targets a rally to $0.29, as it stares at a major breakout ahead. A drop below $0.22 would invalidate the bullish setup by breaking the multi-week triangle pattern. Pi Network announced a strategic partnership and investment agreement with CiDi Games to build Pi-integrated games. Amid today’s crypto market recovery, Pi Network’s PI $0.27 24h volatility: 4.9% Market cap: $2.24 B Vol. 24h: $42.92 M native cryptocurrency Pi has gained 3% to $0.2578. The altcoin is staring at a potential breakout for another 15% rally ahead…

Ethereum December Rally Still At Play? Analysts Eye 50% Jump

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Ethereum (ETH) is attempting to bounce from the market’s Q4 correction, retesting the $3,000 barrier once again. As we approach the end of November, some market observers have suggested that the end-of-year rally may still be possible in the coming weeks. Related Reading Ethereum Eyes $3,000 Ahead Of Key Upgrade On Wednesday, Ethereum experienced a 4.4% daily surge, retesting the $3,000 level for the first time in nearly a week. The cryptocurrency has been trading within the $2,680-$2,980 price range amid the latest market-wide correction, which also saw Bitcoin (BTC)…

Bitcoin Rally To $112K Depends On Four Catalysts

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Key takeaways: Bitcoin derivatives and cautious interest rate expectations keep sentiment restrained, yet improving liquidity conditions bolster upside potential. Regulatory easing and MSCI’s review of BTC-heavy firms could lift risk appetite, supporting a more constructive medium-term outlook for Bitcoin. Bitcoin (BTC) has been pinned below $92,000 since Thursday and is down 22% in the last 30 days, but the situation could change soon. Bulls expect multiple governments to expand their money supply to support their economies and rising fiscal deficits, while bears often cite softer labor indicators and mounting concerns…

What’s Behind the 40% Monad (MON) Price Rally?

Key Notes Monad network participation surged sharply, with Monad holders rising 283% in 24 hours and on-chain. Network activity exceeded 4.2 million transactions in 48 hours, signaling strong early adoption. After an initial post-launch dip below its public sale price, MON price staged a rapid rebound, jumping 100% within 48 hours. Layer-1 blockchain network Monad has stormed the crypto market with its native cryptocurrency MON, gaining 40% on the second day of launch. The market sentiment remains upbeat following the mainnet launch on November 24, accompanied by a $105 million…

BONK Is Eyeing 200% Rally, Teases Utility amid ETF Debuts

Key Notes BONK has entered a sharp rebound phase as trading volume doubled in 24 hours. It has formed a falling wedge on the daily chart, eyeing a 200% rally. BONK’s supply has dropped from 100 trillion to around 88 trillion tokens. BONK shot up almost 10% daily to $0.000009808 as the meme token’s trading volume doubled. However, it still trades far below its record peak at $0.00005916 as investors debate the best meme coins to buy. The BONK daily chart is now showing a massive bullish pattern forming while…