Tag: Rally

Major exchange listings spark a 40% rally in Steem, TrustSwap and 0x

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Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets on April 21. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Steem (STEEM),…

Bitcoin Eyes 200-Day Average After Three-Day Price Rally, Analyst Says

“Bitcoin held important cloud-based support near $40,000 and has generated an oversold ‘buy’ signal from the daily stochastics after a three-day rally, supporting a short-term bullish bias,” Stockton said in an email. “The daily MACD is pinched as well, reflecting improved short-term momentum that supports a move higher toward next resistance near $48.1K, defined by the 200-day MA.” Source

DeFi token AAVE eyes 40% rally in May but ‘bull trap’ risks remain

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A sharp rebound move witnessed in the Aave (AAVE) market in the last three days has raised its potential to rise further in May, a technical indicator suggests. AAVE price rebounds from key support Dubbed a “rising wedge,” the pattern appears when the price rises inside a range defined by two ascending, contracting trendlines. It typically resolves after the price breaks below the lower trendline with convincingly rising volumes. AAVE has been painting a similar ascending channel since early February 2022. The AAVE/USD pair has bounced in the past few days after…

Can RUNE Sustain Its 20% Rally?, Why This Analyst Doubts It

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THORChain (RUNE) has seen an important rally in the past month. The native token of this decentralized cross-chain bridge rose from its 2022 low at around $3 with 30% intra-day rallies to its current levels. Related Reading | THORChain Activates Feature, 30% Spike Follows, Can Bulls Sustain It? At the time of writing, RUNE’s price trades at $9 with an 11% profit in the past 24-hours and a 17% profit in the past week. RUNE on a rally in the daily chart. Source: RUNEUSDT Tradingview According to analyst Alerzio from research…

Top 7 Altcoins w UNBELIEVABLE POTENTIAL! Cryptocurrency BEST Projects! (Helium, Algorand, Polygon)

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Why Cryptocurrency is about to EXPLODE!!! 💥💥💥 [WhatsApp, Reddit, Coinbase News]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io THE BEST NEWS FOR THE CRYPTO BULL RUN JUST ARRIVED! Earn Bitcoin Back w/ BlockFi Rewards Credit Card: 👉👉👉 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)! 0:58 – Bitcoin looking STRONG! 2:00 – MicroStrategy Buys MORE Bitcoin (btwn Nov. 29 & Dec 8th) 3:43 – YOU did better than Michael Sailor in 2021!? 4:34 – Polygon Spends $400M to…

ApeCoin eyes 250% rally amid ‘bull pennant’ breakout, Robinhood APE listing rumors

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ApeCoin’s (APE) market valuation could grow by nearly 250% in the second quarter of 2022 as it breaks out of a widely-tracked, classic technical pattern. APE price “bull pennant” breakout underway On April 13, APE’s price broke above the upper trendline of what appears to be a “bull pennant” chart pattern. Bull pennants appear when the price consolidates inside a triangle-like structure following a strong uptrend. Many traditional analysts consider them as continuation patterns, for they typically result in the price breaking out in the direction of its previous trend.…

Monero defies crypto market slump with 10% XMR price rally — what’s next?

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Privacy-focused cryptocurrency Monero (XMR) rallied by nearly 9.5% in the past week compared with the crypto market’s decline of 8.5% in the same period. What’s more, the XMR/USD pair has broken above a strong, multi-month resistance trendline, hinting at more upside ahead. XMR price action  XMR’s price was down by a modest 0.87% on April 10 from its two-month-high of $245 established a day before. However, the cryptocurrency still outperformed its top rivals, including Bitcoin (BTC) and Ether (ETH), on a weekly timeframe. Speculations about entities using Monero to bypass sanctions could…

Near Protocol eyes a Terra-like price rally after new $350M funding raise

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Near Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger Global, a New York-based hedge fund.  NEAR price eyes 100% price rally NEAR’s price reached over $19.75, just about 2.5% below its all-time high. However, many analysts agreed with the potential for the NEAR/USD pair to reclaim its best level to date, and even rise above it in the coming weeks. NEAR/USD daily price chart. Source: TradingView Adoption remained the key focus behind the…