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…
Tag: Rally
Ethereum Price Faces Pause – Will Bulls Use This Dip To Fuel Next Rally?
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?
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…
Bitcoin Eyes New ATH Rally: Analyst Forecasts Mid-November Top
As the market recovers, Bitcoin (BTC) is kicking off the weekend on a positive note by reclaiming another crucial support level. Some analysts suggest that the cryptocurrency is setting the stage for a new price discovery rally, which could start sooner than expected. Related Reading Bitcoin Eyes Third Price Discovery Uptrend On Friday, Bitcoin jumped nearly 3% to hit a two-month high of $123,894. The flagship crypto has seen a massive recovery from last week’s correction, surging 14% from the local lows. Earlier this week, BTC reclaimed the $115,000-$117,000 area,…
Binance Coin (BNB) Eyes Ethereum’s Lead After Surging Past $1,100 With 6% Rally
Binance Coin (BNB) has kicked off October with impressive momentum. After climbing more than 6.5% in 24 hours, BNB surged past the $1,100 mark, setting a new all-time high of $1,111 before consolidating slightly lower. Related Reading This milestone highlighted the token’s resilience amid a volatile macro environment, characterized by the U.S. government shutdown and changing monetary policy outlooks, and also highlights its growing influence in the broader crypto market. BNB’s price trends to the upside on the daily chart. Source: BNBUSD on Tradingview BNB Breaks $1,100 as Uptober Momentum…
Top Analysts Predict Massive Bitcoin Price Rally This ‘Uptober’: Is $150,000 Within Reach?
As the Bitcoin price approaches record highs, recently surpassing the $121,000 mark, analysts are increasingly optimistic about the cryptocurrency’s trajectory for October, often termed “Uptober.” According to the analysis team at The Bull Theory, there’s a possibility that the Bitcoin price could reach as much as $143,000, meaning a potential surge of nearly 20% for the rest of the month. Bitcoin Price Poised For October Rally Such projections may seem ambitious, but historical data supports the notion that October has consistently been one of Bitcoin’s strongest months. Over the past…
‘This Is the Time’—XRP Could Rally 400%, Analyst Says
XRP may be entering its most consequential window of the cycle, according to crypto analyst Cryptoinsightuk, who argues a cluster of momentum, liquidity, and structure signals now favors a powerful advance—potentially extending into triple-digit percentage gains if key levels fall in sequence. “This is the time,” he said in a video published today, adding that the three-day relative strength index (RSI) and cross-asset ratio charts are lining up in a way that historically preceded outsized upside for XRP. The analyst begins with a quick framing of Bitcoin, noting that the…
Bitcoin, DeFi Rally, Zcash Top Weekly Crypto Performance: Finance Redefined
The digital asset market staged a significant recovery over the past week following the end-of-September slump. Investor interest began to return, driven by a newfound appetite for safe-haven assets due to the uncertainty caused by the US government’s first shutdown in six years. The growing demand for safe-haven assets may see Bitcoin (BTC) follow gold’s rally, potentially leading to a new all-time high of $150,000 before the end of the year, according to Capriole Investments founder Charles Edwards. Bitcoin recovered above the $120,000 mark on Thursday for the first time…
Stablecoin Market Cap Tops $300B Amid Crypto Rally
Key Notes DefiLlama data shows that the broader stablecoin market cap has hit $301 billion. This marks a 2% increase from its level a few days ago. Tether’s USDT dominates with $176.36 billion, and Circle’s USDC boasts of $74.33 billion. . For the first time in history, the total market capitalization of stablecoins has jumped to $300 billion. As is usually the case, Tether’s USD-pegged stablecoin USDT USDT $1.00 24h volatility: 0.0% Market cap: $176.35 B Vol. 24h: $131.64 B and Circle’s USDC USDC $1.00 24h volatility: 0.0% Market cap:…
XRP Breakout Sparks $10 Rally Hopes as Institutions Enter
Key Notes XRP price rally comes with daily trading volumes shooting to $7.5 billion, showing bullish investor sentiment. Ripple partner SBI Holdings launched an institutional XRP lending program in Japan, aimed at large-scale payment applications. The strength in the broader crypto market could drive XRP higher during the ‘Uptober’ rally. . XRP XRP $3.04 24h volatility: 1.9% Market cap: $181.99 B Vol. 24h: $7.07 B price has regained strength, moving past $3.0 levels amid the broader crypto market rally. Technical charts show that the recent breakout by the Ripple…