Dogwifhat (WIF) continues to maintain bullish momentum above the crucial $1.5 level, following a successful breakout above this level. This sustained momentum has sparked speculation about whether the asset is gearing up for a more significant rally or if this momentum might eventually lose steam. As WIF remains resilient above the $1.5 level, this article will offer a technical analysis, utilizing key indicators to assess its current price performance and evaluate the potential for a larger rally, providing insight into the implications for the asset’s future. In the last 24…
Tag: Rally
Bitcoin Underperformance Precedes ‘Insane Altcoin Rally,’ Expert Warns Of Repeat
According to market expert Jamie Coutts, after an extended period of consolidation and lackluster performance by the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), the market may be poised for a resurgence. Coutts believes the ingredients are in place for a broad altcoin rally, following in the footsteps of the “insane” bull run of 2020-2021. Altcoin Revival On The Horizon? The key catalyst, Coutts says, is the influx of global liquidity that is starting to accelerate. He notes that Bitcoin lags behind the upward movement in the broader M2…
Shiba Inu Secures Community Support To Rally To $1, Here’s How
The possibility of Shiba Inu rising to $1 is one crypto community members look to support. This follows a recent poll by the crypto exchange CoinW, which showed that others besides the SHIB community believe such a price target may be attainable. Related Reading Shiba Inu Rising To $1 Gains Community Support In an X (formerly Twitter) post, CoinW made a poll asking community members which prediction for the top-ranked crypto tokens is likely to happen first. This included the prediction of Shiba Inu rising to $1, which showed that…
dYdX price rebounds, but sell cluster threatens breakout rally
dYdX has embarked on a recovery push amid growth in buying pressure, but a cluster of sell orders threatens its potential for further rise. dYdX has increased by 4% over the past 24 hours, emerging as the top gainer among the top 100 cryptocurrencies. The upward momentum marks its third consecutive day of intraday gains after it witnessed sustained consolidation on the back of the broader market’s bearish trajectory. DYDX 1D chart – Aug. 19 | Source: Trading View The previous collapse commenced with a sharp 7% drop on July…
XRP Price Set To Breakout: Will It Trigger A Strong Rally?
XRP price is consolidating gains above the $0.5550 level. The price could gain bullish momentum if it clears the $0.580 resistance zone. XRP price is eyeing a fresh increase from the $0.5620 level. The price is now trading above $0.5680 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $0.5630 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.580 resistance zone. XRP Price Holds Uptrend Support XRP price…
Is XRP on the Brink of a 50,000% Rally? Signs Point to Yes, Says Top Analyst
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
New P2E Meme Game PlayDoge Raises $6M in Presale – Will PLAY Rally After DEX Listing?
PlayDoge (PLAY) is proving that even in the meme coin world, it’s possible to shake things up. This new Play-to-Earn (P2E) project has just passed the $6 million mark in its presale. But does PlayDoge have what it takes to make a real impact when it hits DEXs later this year? Investors Race to Secure […] Source CryptoX Portal
What Does the Future Offer For PEPU & MPEPE Will They Rally 1000%?
Two memecoins are currently capturing the spotlight: Pepe Unchained (PEPU) and Mpeppe (MPEPE). Both are riding high on the waves of meme culture and innovative features, and market watchers are eager to know whether they will experience a meteoric rise, potentially rallying by 1000%. Here’s a closer look at what the future might hold for these promising tokens. Pepe Unchained (PEPU): A Nostalgic Revival with a Modern Twist A Memecoin with a Mission Pepe Unchained (PEPU) is not just another memecoin; it’s a revival of the beloved Pepe meme with…
Crucial Bullish Signal For Bitcoin Flashes For First Time Since 2023, Analyst Forecasts Major Rally
Bitcoin (BTC) is showing strong signs of an imminent price surge, according to top market analysts, who point to a confluence of bullish factors in the cryptocurrency’s favor. However, after hitting a 6-month low of $49,000 on August 5, BTC has hovered between $58,000 and $60,500 for the past week. However, the dip below all-time highs of $73,7000 reached in March of this year may be short-lived, as evidence mounts that the market’s largest digital asset is poised for a major breakout. 2-3X Bitcoin Rally Ahead? Technical analyst Jamie Coutts…
SUI Soars 50%, Analyst Eyes 190% Price Rally
Popular cryptocurrency analyst Jonathan Carter has noted that Sui is witnessing an amazing rise in the crypto market. The digital asset drew a lot of interest since it surged about 50% in seven days. Carter sees the coin notching a solid 190% price rally if all the positive elements fall into place. Related Reading Sui’s network shows more than just pricing activity since it has used its technical ability to handle transactions six times faster than Solana. Thanks to its competitive technology, Sui is considered as a budding star in…