Tag: Rally

Everyone’s Bearish on XRP — But History Points to a Rally Ahead

Key Notes The crowd has been showing negativity toward XRP. Historical data translates the FUD to a potential price rally. The crypto market sentiment finally entered the greed zone after almost two months. XRP XRP $2.97 24h volatility: 0.1% Market cap: $177.93 B Vol. 24h: $6.20 B seems to be stuck below the $3 mark as the community sentiment drops into the bearish zone. The asset, which has a market capitalization of $177.8 billion, has been struggling to remain above the psychological $3 zone over the past two weeks. XRP…

Ethereum 23% Rally Pushes BitMine’s Treasury To $13.4 Billion

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As BitMine continues to bet on Ethereum (ETH), the King of Altcoins is eyeing a crucial resistance level that could set the stage for a new breakout, leading some analysts to suggest that a new all-time high (ATH) is around the corner. Related Reading Ethereum Ready For New Highs? On Monday, Ethereum rallied to a multi-week high of $4,718 following the start of the “Uptober” market rally that has sent Bitcoin (BTC) and BNB to new highs. Notably, the King of Altcoins has bounced 23% from the recent September correction,…

Ethereum Price Gathers Steam – Will The Ongoing Rally Power A $5K Breakout?

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Ethereum price started a steady increase above $4,650. ETH is now consolidating and might aim for more gains if it clears the $4,750 resistance. Ethereum remained stable above $4,500 and started a fresh upward move. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $4,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,720 and $4,750. Ethereum Price Gains Over 10% Ethereum price…

Bitcoin Exchange Inflows Shrink Amid $125,000 Rally

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As Bitcoin (BTC) hit a new all-time high (ATH) of $125,708 on Binance yesterday, BTC exchange inflows are starting to show signs of slowing down. As a result, crypto analysts are confident that the top cryptocurrency by market cap may be on the cusp of a healthy rally. Bitcoin Exchange Inflows Slump Amid New ATH According to a CryptoQuant Quicktake post by contributor ChainSpan, fresh on-chain data shows that the average amount of BTC inflows into exchanges such as Binance has decreased significantly. Related Reading To recall, BTC sent to…

Bitcoin Rally Pushes Price to ATH as Japan’s Nikkei 225 Jumps 5%

Key Notes Spot Bitcoin ETFs recorded $3.2 billion in inflows last week, aiding the Bitcoin price rally. Analysts such as Michael van de Poppe expect a brief correction below $121,500 before Bitcoin resumes its upward move. Institutional activity and macro factors continue to guide price action, as analysts see a rally to $150,000 by year-end. Bitcoin BTC $124 126 24h volatility: 0.9% Market cap: $2.47 T Vol. 24h: $51.56 B price has shown major strength, hitting the highs of $125,559, coinciding with the 5% upside in Japan’s Nikkei 225 Index,…

Altcoin Rally Likely Delayed? Market to See $555M Token Unlocks

Key Notes Over $555 million worth of crypto tokens will be unlocked between October 6–13, led by ATH, APT, and SOL. The Altcoin Season Index has surged to 71, nearing the 75 threshold that signals explosive alt rallies. Major unlocks, including $115M in SOL and $38M in TRUMP tokens, could introduce selling pressure. Over $555 million worth of tokens are set to be unlocked between Oct. 6 and Oct.13, according to data from Tokenomist.  The wave of unlocks spans dozens of projects, from emerging altcoins to established layer-1 giants, and…

XRP Price Pauses After Rally – Can Bulls Hold Ground For Another Push?

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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…

Analysts Eye Rally to $150k After Record Bitcoin High

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Bitcoin could be poised for further gains in the weeks ahead after clocking a new record high on Sunday, according to analysts.  “Now that we’ve made new ATHs in an impulsive manner, the next leg to $150k+ has begun,” opined crypto analyst ‘CrediBULL Crypto’ on Sunday following Bitcoin’s (BTC) surge to a record high of $125,700.  The analyst said we’ll “blast through” this current level, suggesting that another high could come this week, though didn’t rule out a pullback to the $108,000 to $118,000 zone.  “Dips into that zone of…

Ethereum Price Faces Pause – Will Bulls Use This Dip To Fuel Next Rally?

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Ethereum price started a steady increase above $4,500. ETH is now consolidating and might aim for more gains if it clears the $4,620 resistance. Ethereum remained stable above $4,450 and started a recovery wave. The price is trading above $4,500 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $4,490 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,550 and $4,620. Ethereum Price Gains Over 5% Ethereum price remained…

Bitcoin Steadies After Rally – Is Another Powerful Breakout Just Ahead?

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Bitcoin price started a strong increase and traded above $124,000. BTC is now consolidating gains and might aim for a fresh rally in the short term. Bitcoin started a major increase above the $123,500 zone. The price is trading above $122,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $123,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $124,500 zone. Bitcoin Price Starts Fresh Rally…