Tag: Rally

Massive Rally Just Around the Corner?

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Este artículo también está disponible en español. Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities. This current price zone is critical, as it will likely determine the asset’s next big move.  Related Reading Traders are closely monitoring whether SOL can maintain support around $120, as holding this level could set the…

Cardano Bull Sees ADA Jumping 1,000% in an ‘Insane’ Rally

Este artículo también está disponible en español. Cardano has been in the limelight lately, not only because it has slightly increased in price but also due to its forecasted surge. According to predictions, ADA may surge up 16% and reach as high as $0.37 by October 2024. But what really drew interest was the bold statement of Cardano analyst Dan Gambardello, that ADA could rally a whopping 1,000% against Bitcoin. Related Reading Gambardello’s forecast is based on a very similar setup to the bullish divergence in 2020 that indeed triggered…

Cardano (ADA) Path To Recovery: Can It Fuel a Strong Rally?

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Cardano price found support near the $0.3050 level. ADA is now recovering higher and might aim for more gains above the $0.3360 resistance. ADA price started a recovery wave from the $0.3050 level. The price is trading above $0.320 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.3245 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move up if it remains stable above the $0.3200 support zone. Cardano Price Shows…

BTC Erases Gains From Wednesday’s Brief Rally

Bitcoin fell below $57,000, erasing gains from Wednesday’s brief rally above $58,000. BTC was trading around $56,800 at the time of writing, around 0.3% higher than 24 hours ago. The broader digital asset market, as measured by the CoinDesk 20 Index, added about 1%, with SOL and DOGE leading the gains. Bitcoin peaked above $65,000 on Aug. 25 and has been falling ever since, with the downtrend characterized by brief, shallow bounces, a sign of a persistent “sell-on-rise” mentality. This likely stems from increasing U.S. recession risks, which lead to…

Ethereum’s Plunge Could Be Over: This Key Pattern Signals A Rally Back To $4,000

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Much like Bitcoin, Ethereum has faced significant challenges in recent months, struggling to sustain any major price rally. After reaching a peak of over $4,000 in March, Ethereum has been consistently declining, failing to break out of this bearish trend. So far, the second-largest cryptocurrency by market cap has seen its price drop by over 5.9% in the past two weeks, and it continues to hover around the $2,400 mark. Currently trading at $2,434, Ethereum has fallen 2.4% in the last week and 0.4% in the last 24 hours. Is…

Analyst Says Repeat Of 2017 Could Drive Rally

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Este artículo también está disponible en español. Crypto analyst Dark Defender has predicted that the XRP price could rise to $8 and explained what could spark such a parabolic rally for the crypto. As part of his bullish prediction, the crypto analyst also revealed what could lead to XRP rising to $18.  XRP Price To Rise To $8 If Repeat Of 2017 Bull Run Occurs Dark Defender predicted in an X (formerly Twitter) post that XRP would rise to $8 if a repeat of the 2017 bull run were to…

Bitcoin’s Sudden Drop: Could This Be a Setup for a Massive Rally? Analyst Weighs In

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Bitcoin, the world’s leading cryptocurrency, has experienced a noticeable decline in its price over the past two days, dropping from a high of $63,000 to as low as $57,000. This decrease can be considered as unexpected as it surprised many. So far, crypto analysts are reassessing their outlook on Bitcoin. Despite no hope of a bullish catalyst in sight, some analysts believe this ongoing plunge could be a temporary setback in a larger bullish trend. Bitcoin Decline Suggests A Setup For Massive Rally? Renowned crypto analyst Javon Marks recently shared his updated perspective…

Helium: Development Proposals Ignite 15% HNT Price Rally

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Helium (HNT) is continuing its upward trajectory despite the market dip. According to CoinGecko, the token is up nearly 15% since yesterday, sparked by the recent on-chain developments that will expand on Helium’s decentralized physical infrastructure (DePIN). Related Reading Recently, Helium’s official X account announced the voting period for two crucial proposals for Helium Mobile. Aptly named HIP 130 and 131, these two proposals have sparked speculation for HNT’s near-future performance. Helium Proposes New Security Measure Against Malicious Activity HIP 130, titled ‘Data-Only Hotspots’, proposes that the network should expand…