Tag: Rally

Are They Predicting a Mega Rally?

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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…

Is Ethereum About To Retest $4,000? Analyst Foresees 3x Rally

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…

6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod

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As more and more investors choose to keep their Ethereum assets frozen rather than actively selling them, the Ethereum ecosystem suddenly finds itself severely short of supplies. The second-largest cryptocurrency in the world could face serious challenges going forward depending on the planned behavior of market players. Related Reading Ethereum Supply Tightens Up The first sign of this supply gap came earlier this month when an unknown market player moved a staggering 6,400 Ethereum to the Beacon Chain depositor wallet. The Beacon Chain, which checks recently added blocks to the…

Solana Price Tipped For Explosive 1,800% Rally, Analyst Foresees $2,800 Price Target

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The Solana price has experienced a significant decline, mirroring the price action of major cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC) over the past month. However, a crypto analyst has identified a significant parallel between the price movements of Ethereum in 2017 and Solana’s recent price performance. In a recent social media post, crypto analyst Marty suggests that these similarities could lead to a massive price increase for Solana in the coming months, potentially resulting in a 1,800% rally for the Solana price.  Solana Price Set For Epic Comeback? After…

Michael Saylor’s MicroStrategy (MSTR) Announces Stock Split as Share Price Triples in a Year on Bitcoin (BTC) Rally

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Stock splits are common among public companies whose shares have significantly appreciated. While the split does not change the company’s valuation, it could make the stock psychologically more accessible to smaller, retail investors by reducing the share price even at a time when many retail-facing trading platforms offer fractional shares. Most recently, chipmaker juggernaut Nvidia (NVDA) saw a 10:1 stock split last month after reaching a four-digit share price, tripling in a year fueled by the artificial intelligence-driven (AI) equities rally. Original

Big Buyers Fueling Rally On Top Crypto Exchanges

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Driven by a mix of positive elements, Solana (SOL) is seeing a spike in trading activity. This covers big buy orders, institutional investors’ savvy purchasing approach, and the expected release of SOL-based exchange-traded funds (ETFs). Related Reading Whales Consolidate SOL discretely Trading data shows a notable increase in trading volume among key exchanges including Binance, Coinbase, Gate.io, and OKX. However, a more in-depth analysis by Coinact.gg, which is a real-time trading research programme, indicates a pattern that is very intriguing: a “Major TWAP” signal for SOL. Major TWAP Detection alert…

Big Rally Coming For Chainlink? Analyst Sees Double-Digit Surge

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For Chainlink (LINK), the waters of the bitcoin market are moving in its favor. Inspired by recent accumulation from big investors and forecasts of an upward trend, the asset is exhibiting signs of life following a period of slow performance. Nonetheless, the path to recovery might be a meandering one as experts have conflicting projections for the next years. Related Reading Whales Build Chainlink During Crisis Market observers are fixated on the behaviour of “whales,” or heavily weighted investors. Renowned crypto analyst Ali Martinez claims that these whales have been…

Bitcoin Climbs Back Above $59K, but Rally Could Be Short-Lived

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Bitcoin rallied to over $59,000 early in the European morning, extending a recovery from below $54,000 at the start of the week. The rally could see BTC reclaim $60,000 but will be short-lived, Markus Thielen, founder of 10x Research, said. “The $55,000-$56,000 range is forming a base from a technical analysis perspective. However, given the medium-term technical damage, we anticipate no more than a short-term tactical bullish countertrend rally,” Thielen wrote on Tuesday. At the time of writing, bitcoin was trading at just under $58,500, an increase of 1.7% in…

Can Solana Hit $160? SOL’s Resilience Sparks Rally Optimism

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Currently, the price of Solana has been showing resilience amid market volatility. This recent performance of SOL has raised rally optimism among market participants as to whether the digital asset’s price could potentially reach the $160 mark in the upcoming days. Particularly, this article aims to provide technical insight on recent price performance and technical indicators that suggest the potential for the crypto asset to hit $160 focusing on the 4-hour and the 1-day chart.  At the time of writing, SOL’s price was up by over 7%, trading at about…

BONK leads meme coin rally with 25% surge amid token burn and whale activity

Solana-based meme coins Bonk (BONK) haw outshined all of the meme coins in the top 100 cryptocurrencies with over a 25% surge in the last 24 hours. At the time of writing, BONK was up 24.3% in the last 24 hours, exchanging hands at $0.000026 per data from CoinMarketCap. The crypto asset’s market cap had surpassed $1.8 billion, overtaking Dogwifhat (WIF), another Solana-based dog-themed competing meme coin whose market cap stood at 1.71 billion. BONK 24-hour price chart | Source: CoinMarketCap The meme coin’s daily trading volume had surgery 155%…