Tag: Rally

ETH Back Above $2,000 as Crypto Rally Extends – Market Updates Bitcoin News

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ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today’s market session. BTC was also higher, with the world’s largest cryptocurrency climbing to its highest point in nearly three weeks. Bitcoin Bitcoin rose to its highest level in nearly three weeks on Tuesday, as crypto prices continued to rally, following recent losses. Following a low of $29,363 to start the week, BTC/USD surged to a peak of $31,949.63 earlier today. This peak is the highest level bitcoin has traded at since May 9, when…

Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’

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On May 30, the cryptocurrency market experienced a much-needed bounce that saw Bitcoin (BTC) climb above $30,900 and Ether (ETH) rally 5.84% to $1,930, but analysts warn that it could be too early to expect a reversal. ETH/USDT 1-day chart. Source: TradingView Here’s a look at what several analysts are saying about the outlook for Ether moving forward and the major support and resistance levels to keep an eye on. A bounce off of major support The May 30 bounce in Ether came as “no surprise” to market analyst and…

Galaxy Capital’s Mike Novogratz Believes Bitcoin Will Lead the Next Rally When the US Fed Pauses its Tightening Policy

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Summary: Mike Novogratz believes that Bitcoin will lead the next rally when the US Federal reserve pauses its monetary tightening policy. When Bitcoin rallies, good crypto projects will follow suit. According to Mr. Novogratz, the crypto industry will not go away and is currently adjusting to the popping of the asset bubble caused by the US Fed. The currently ongoing crypto market pullback will test investors till it finds a bottom. According to Reuters, the Fed will most likely pause its tightening policy in September this year. The CEO of…

Bitcoin Is Consolidating But Is A Rally Near?

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Bitcoin has been laterally trading for almost a week now. The coin has continued to remain under the $30,000 price level. The technical outlook of Bitcoin could be pointing at a turnaround in prices on the long term price chart. On the short term price chart however, king coin’s price action remains quite bearish. At the time of writing, BTC has seemed to settle a slightly above the $28,000 support line. In the past 24 hours, the coin lost 1.2% of its value and in the last week, the coin…

Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’

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Bitcoin (BTC) stayed glued to $30,000 on May 23 as the start of Wall Street trading failed to spark volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin to range before “real breakout?” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering in a tight trading range in place since before the weekend. The pair had closed out the week on its eighth weekly red candle in a row, this becoming a bearish record amid an absence of overall price trajectory. Amid consensus that the macro bottom was not…

Russia INVADING Ukraine! US MASSIVE Sanctions! Bitcoin & Cryptocurrency Being USED! MATIC & LINK

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sign-up for Choice & receive $50 in free bitcoin 👉 Bitcoin 2022 in Miami 👉 💥 💥 💥 Use code “ALTCOINDAILY” for 10% off! 💥 💥 💥 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:46 – Russia Ukraine Update 1:18 – US, EU, & Others CRACK DOWN on Russia w Massive Sanctions 1:55 – Russia to use Bitcoin to…

ATOM Might Trade Below Its Immediate Support Level Despite A Recent Rally

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ATOM had displayed optimistic price action recently after the coin rallied close to 14% a little over 48 hours ago. The coin had managed to undo the loss of 21% that it incurred in the past week with its recent rally. Bearish sentiments are still present across the whole industry and altcoins have also walked along the same price sentiment. Ever since ATOM revisited its all time high in the month of January this year, the coin has struggled to release itself from the grasp of the bears. At the…

Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan

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In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while briefly forgetting about the worries of the world.  Amid the ongoing market volatility and falling crypto prices, sports fans have cause to rejoice as multiple fan tokens have bucked the downtrend on May 18 to post 40% plus gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Here’s a look…

Ethereum Below $2000; Do We See A Relief Rally Soon?

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Ethereum has bled heavily owing to the aftermath of the crypto crash. Prices of other altcoins followed suit as Bitcoin hangs below the $30,000 price mark. Ethereum’s current price has hit a new low in 2022. The altcoin had tried to pull off a brief recovery a week back but the broader market weakness finally crept in and caused it to dip further. At the time of writing, ETH is seen below its major support line of $2500. Selling pressure had accelerated as the increased fear index drove investors out…