Tag: Rally

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a significant decline on Tuesday, echoing the broader downtrend in the cryptocurrency market. Fueled by worries about the global economy and reduced summer liquidity, Bitcoin dropped below the $65,000 mark for the first time since May 16.  Notably, Ethereum (ETH) also faced a 4% loss, trading at $3,400, while other cryptocurrencies, such as XRP, Solana (SOL), and dogecoin (DOGE), suffered even bigger declines. Market Uncertainty Persists Marko Jurina, CEO of Jumper.Exchange, a decentralized exchange (DEX), highlighted that during economic and market…

Is The CRV Painful Dip Over? This Event In August Could Spark A Rally

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CRV, the native token of the stablecoin decentralized exchange Curve Finance, has been dumping in over the last year or so. After last week’s plunge, the token fell by as much as 75% from March 2024 highs, a huge concern for token holders. CRV Recovers, Adds 45% After Plunging However, according to one analyst who took to X, the bottom could be in, arguing that favorable fundamental events in roughly two months could propel the token to as high as $2. CRV is changing hands at around $0.32, up 42%…

Crypto Analyst Predicts XRP Price Will Rally 102,590% To $500, But There’s A Catch

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A crypto analyst has revealed a timeframe for XRP, the native token of the XRP Ledger (XRPL) to witness a substantial 102,590% rally. If this price surge occurs, XRP’s current modest value could skyrocket to an impressive $500 during this bullish cycle, albeit under certain conditions.  Analyst Foresees XRP Surging By 102,590% In an X (formerly Twitter) post, on June 10, a crypto analyst identified as ‘Egrag Crypto,’ shared a detailed price chart depicting when XRP will surge to new all-time highs this bullish cycle. The analyst projected an astonishing…

Crypto liquidations rally 78% with ETH leading the charts

Cryptocurrency liquidations have seen a sudden increase over the past day. Ethereum (ETH) is still leading the charts. According to data provided by Coinglass, the total crypto liquidations surged by 78.8% in the past 24 hours, surpassing the $75 million mark. The increase in liquidations came while the total cryptocurrency open interest recorded a 0.35% decline in the same timeframe — currently hovering at $66 million. Crypto liquidations map – June 17 | Source: Coinglass Per a crypto.news report on Jun. 16, the number of crypto liquidations plunged by 80%…

Crypto Analyst Predicts Cardano Price Will Rally 370% To $2, Here’s The Timeline

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Cardano is one of the cryptocurrencies that continues to see bullish expectations from crypto analysts. One crypto analyst, in particular, who gets by @Av_Sebastian on X (formerly Twitter), believes that the Cardano price can rise as high as $2, crediting the upcoming Chang upgrade as the reason for this. Cardano Will Reach $2 Soon In a post on X (formerly Twitter), the crypto analyst revealed their expectation for the Cardano price, saying it could rally more than 300% from here. Sebastian explained that the reason for this is the upcoming…

Historical Trends Suggest Shiba Inu Price Will Rally 1,000% To $0.00024, Analyst Reveals When

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Crypto analyst Eljaboom has provided insights into how Shiba Inu (SHIB) could rise in this bull run. The analyst alluded to history to show that the second-largest meme coin by market cap can still reach unprecedented heights.   Shiba Inu To Reach $0.00024 In This Bull Run Eljaboom suggested in an X (formerly Twitter) post that Shiba Inu will rally by over 1,000% to reach $0.00024 in this bull run. This came following his remarks that history was repeating itself for SHIB. The accompanying chart he shared showed that the analyst…

Crypto Analyst Predicts XRP Price Will Rally 50,000% To $250, Here’s When

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Crypto analyst Chad Steingraber has made an ultra-bullish price prediction for the XRP price, stating that the crypto token’s price could rise to three figures. The analyst also outlined when this price target will be attained.  XRP Will Hit $250 In This Market Cycle Steingraber mentioned in an X (formerly Twitter) post that XRP will reach $250 by 2025, which he believes will represent the market top for the crypto token in this bull run. He made this prediction while stating that Bitcoin and Ethereum will hit $250,000 and $25,000…

Crypto Analyst Predicts 800% Rally To $6,000 For BNB, Here’s The Timeline

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BNB has been one of the best performers coming out of the long and drawn-out bear market of 2022. Even now, the altcoin continues to show a lot of strength, suggesting that its run is far from over. According to one crypto analyst, this expected run for the BNB price could last longer and drive the price higher than expected, predicting an over 800% increase in price from here. BNB Showing Strength On The Monthly Chart A pseudonymous crypt analyst who goes by the moniker Without Worries on the TradingView…

Notcoin (NOT) Develops Falling Wedge Triangle: Rally Looms?

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Notcoin (NOT), a relatively new entrant in the cryptocurrency market, has recently formed a falling wedge pattern on its price chart. This technical formation is characterized by converging trendlines that slope downwards, signaling a potential bullish reversal. Typically, a falling wedge pattern occurs after a prolonged downtrend, indicating that the asset’s price is likely to break out to the upside. The emergence of this pattern in Notcoin’s chart is drawing attention from traders and investors who are keen to understand its implications for future price movements. A confirmed breakout from…

Will ECB Rate Cut Fuel Bitcoin Rally?

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Bitcoin prices are set to surge following the European Central Bank’s (ECB) decision to initiate its first interest rate cut in five years yesterday. The unanimous vote by all 20 national representatives slashed rates by 0.25%, marking a significant shift in monetary policy for the Eurozone. Coupled with projections of slowing inflation and modest economic growth, this move has sparked intense speculation in the crypto market, with many analysts predicting a notable rise in Bitcoin prices. ECB Pivots Towards Growth The ECB’s decision reflects a growing concern about the Eurozone’s…