Tag: Rally

Terra price signal that preceded an 80% LUNA rally is back

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A technical setup that preceded a circa 80% price rally in the Terra (LUNA) market in August 2021 has appeared again. LUNA paints bullish MACD crossover The technical setup involves a so-called “signal line crossover” between LUNA’s weekly MACD line — equal to the difference between the token’s 12-week and 26-week moving averages (MA) — and the 9-week MA called the Signal Line, plotted above the zero line, as shown in the chart below. LUNA/USD weekly MACD illustration. Source: TradingView Together, these lines represent Moving Average Convergence Divergence (MACD), a…

BIGGEST US CRYPTOCURRENCY NEWS HAPPENING NOW! AMAZING FOR BITCOIN, ETHEREUM, + ALTCOIN INVESTORS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 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)! 0:46 – Market Analysis: Bullish or Bearish? 1:28 – Bitcoin Hash Rate — BULLISH! 1:52 – Bitcoin On-Chain Bullish Divergence 2:30 – Supply will not be able to match demand. 3:08 – Altcoin News 3:35 – Miami Mayor Promotes Miami Coin on Fox!…

Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows

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Bitcoin (BTC) has been trapped in a symmetrical triangle for 56 days and the trend change could last until early May, according to price technicals. Currently, the support level stands at $38,000, while the triangle resistance for daily close stands at $43,600. Bitcoin mining up, retail interest down Bitcoin/USD price at FTX. Source: TradingView The week started with a positive achievement for the Bitcoin network as the Lightning Network capacity reached a record-high 3,500 BTC. This solution allows extremely cheap and instant transactions on a secondary layer, known as off-chain…

Why VeChain (VET) Could Be On The Verge Of A 40% Rally

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VeChain has been moving sideways during the past week, with more downside action than larger cryptocurrencies. While Bitcoin, Ethereum, and others have seen some gains, the price of VET continues to trend downwards. Related Reading | VeChain Records 7% Profits And It Could Outperform ETH, Here’s Why As of press time, VeChain trades at $0.048 with an 8.9% and 34% loss during the past two weeks and 30-days, respectively. However, the cryptocurrency could be sitting at crucial levels and poised for major price appreciation. VET trends to the downside on…

GUESS WHAT JUST CAUSED BITCOIN TO PUMP??? (POLKADOT, TEZOS, CRYPTO NEWS)

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Avalanche price can double by summer as AVAX’s 20% weekly rally rekindles ‘bull flag’

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A sharp upside retracement in the Avalanche (AVAX) market this week has raised its possibilities to rise by another 100% in Q2. Avalanche chart painting a ‘bull flag’ The bullish outlook primarily appears in the wake of AVAX’s multi-month bull flag setup, which formed after a strong price move higher to over $150, an all-time high in the Avalanche market. In detail, the setup is a downward sloping channel, denoted by two parallel trendlines against the previous trend, with volumes declining to underscore a weakening downtrend. AVAX/USD weekly price chart featuring ‘bull…

Bitcoin MPI Rises To Highest Value Since March 2021, Bull Rally Soon?

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On-chain data suggests the Bitcoin MPI indicator has observed a rise recently, now reaching the same values as March 2021. Past pattern may hint that a bull rally could follow here. Bitcoin MPI Seems To Be Catching Some Uptrend After Months Of Inactivity As explained by an analyst in a CryptoQuant post, the BTC MPI metric’s current trend may suggest that a bull rally could occur soon, if historical pattern is anything to go by. The “Miners’ Position Index” (or the MPI in short) is an indicator that’s defined as…

What’s Behind LUNA Rally, Could Its Price Decouple From Bitcoin?

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The price of LUNA moves on its own as the crypto market trends to the downside. Terra’s native cryptocurrency records a 6.4% profit in the last week, as BTC, ETH, and BNB, move sideways. Related Reading | Mars Protocol To Launch On Terra, But Why MARS Has Seen A Massive Dump At the time of writing, LUNA trades at $89.35 with a 4.8% loss in the last 24 hours. Despite recent losses, the cryptocurrency is quickly moving up the top 10 cryptos by market. Currently, it sits at the 7th…

HUGE! 👉 Morgan Stanley INCREASES Bitcoin Investment! ETH HUGE MILESTONE! WARNING TO CARDANO HOLDERS!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Big News Day For 👉 Bitcoin, Ethereum, Cardano, Decentraland, & MUCH MORE! 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)! 1:06 – Much Evidence Suggests Crypto Market Will Go HIGHER!!! 1:46 – Morgan Stanley Increases Bitcoin Exposure 2:55 – This is WHEN Morgan Stanley bought bitcoin! 3:22 – Citibank is hiring over 100 people for its crypto division 3:33 –…