Tag: Rally

Everything Aligns for ADA Rally as Cardano Unveils Hydra Update

Key Notes ADA remains relatively flat in the past day, currently trading around $0.8121. Analyst predicts a potential rally to $2, with $0.69 serving as a key support zone. Cardano’s Hydra Node v1.0.0 upgrade launched on October 9, boosting scalability. . Cardano’s native token ADA ADA $0.82 24h volatility: 0.5% Market cap: $29.87 B Vol. 24h: $1.27 B is mostly trading flat over the past day, sitting around $0.8121 at the time of writing. Despite the sideways action frustrating some investors, experts are turning bullish amid a major scalability upgrade.…

SOL Tests Support at $220 — Can ETF Launch Fuel Rally?

Key Notes Following a healthy pullback, SOL price is showing signs of a bullish pattern, eyeing a strong breakout past $240. Grayscale’s proposed Solana ETF (GSOL) awaits SEC approval and will come with a 0.35% management fee. JPMorgan estimates the ETF could attract $1.5 billion in first-year inflows, reflecting growing institutional interest in Solana. SOL SOL $220.3 24h volatility: 0.5% Market cap: $120.24 B Vol. 24h: $7.05 B , the native cryptocurrency of Solana, is once again under the grip of broader market volatility. SOL price is now testing a…

Dogecoin (DOGE) Tries To Bounce – But Resistance Barrier Keeps Rally In Check

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin’s Rally Still Looks Intact, CryptoQuant Says: Here’s Why

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On-chain analytics firm CryptoQuant has explained how there aren’t any signs of a Bitcoin price peak yet, based on this indicator. Bitcoin Net Realized Profit/Loss Is Still At Moderate Levels In a new post on X, CryptoQuant has shared the latest trend in the Bitcoin Net Realized Profit/Loss. This indicator tells us about whether the Bitcoin investors are selling their coins at a net profit or loss. The metric works by going through the transaction history of each token being spent to see what price it was moved at before…

Fundstrat Forecasts Ether Rally To $5,500 After Brief Dip

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Financial research and analysis firm Fundstrat has tipped Ether to likely “bottom out” over the next two days before heading back higher, with an eventual rally to $5,500.  “I do not make much of crypto weakness in recent days, and expect ETH likely bottoms out over the next 1-2 days before heading back higher,” said Fundstrat Global Advisors Managing Director Mark Newton. His commentary was shared by Bitmine chairman and Fundstrat adviser Tom Lee on Thursday. Newton also noted that there has been a “minor three-wave pullback,” which he said…

Solana Looks Explosive: Cup And Handle Formation Teases Rally To $425 Target

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Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up for a golden cross, momentum is building fast. As speculation around a potential Solana ETF approval heats up, traders are eyeing what could be the start of a major breakout rally. Cup And Handle Formation Signals A Major Bullish Setup Lark Davis, a well-known crypto analyst, recently shared an optimistic outlook on SOL, highlighting a…

XRP Bulls Must Finally Overcome $3 to Start a Potential 120% Rally

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Key takeaways: XRP traded at $2.82 on Thursday, with a potential cup-and-handle breakout projecting a 120% rally to $6.20. The XRP/USD pair needs to flip $3-$3.10 into support, as $2.80 remains a key level of interest for traders. XRP (XRP) price has dropped over the last seven days, reaching a low of $2.81 on Thursday. This resulted in a 23% drawdown from multi-year highs of around $3.66 to the current level of $2.82. XRP/USD daily chart. Source: Cointelegraph/TradingView Despite the pullback, a strong technical setup on higher time frames and…

Will MNT Rally Continue After 130 % Monthly Gain?

Key Notes Following a breakout from an ascending channel and holding above $1.90–$2.00, analysts report a clean trend structure for Mantle price. With rising MNT futures open interest, crypto analyst Ali Martinez maintains a $3.60 target. Mantle’s growth is fueled by its Tokenization-as-a-Service (TaaS) and the launch of USD1 stablecoin on the platform. While the broader crypto market has entered a consolidation period, Mantle MNT $2.58 24h volatility: 5.1% Market cap: $8.40 B Vol. 24h: $726.77 M price has surged another 20% today, hitting an all-time high of $2.84, while…

Bitcoin price flirts with $120k correction as market cools, can the rally resume?

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The latest Bitcoin price rally appears to be losing momentum after a record-breaking run, with prices now testing key levels that could decide its next move. Summary Bitcoin price trades near $122,000 after briefly dipping toward $120,600, marking a mild cooldown following its surge to new all-time highs. The multi-day rally from early October’s “Uptober” run saw BTC break $126,000 before consolidating in a tight range on lower volumes. A double bottom pattern and low profit-taking activity suggest bullish momentum may continue if Bitcoin holds above $120,000 support. Bitcoin price…

SOL Price Eyes 100% Rally as Solana ETF Launch Nears

Key Notes Analyst Lark Davis noted that the SOL price technical chart eyes a 1.618 Fibonacci extension pointing to a $425 target. Bitwise amended its Solana ETF (BSOL) filing to include staking with a record-low 0.20% fee. Bloomberg’s Eric Balchunas highlights the low-fee strategy as a strong signal for potential institutional inflows. SOL SOL $224.8 24h volatility: 1.9% Market cap: $122.86 B Vol. 24h: $7.42 B , the native cryptocurrency of the Solana blockchain, is seeing strong buying action as it gained 4% in the last 24 hours and eyes…