Tag: Rally

Cardano Retests Key Level As SEC Delays ETFs – Rally Brewing?

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As the decision on Grayscale’s spot Cardano (ADA) Exchange-Traded Fund (ETF) has been delayed, the altcoin is retesting a key area. Some analysts have suggested that a massive rally is brewing after the price bounced from the range lows. Related Reading Cardano Drops As Spot ETF Gets Delayed On Tuesday, Cardano started to recover from its start-of-week correction after bouncing from a crucial area. The cryptocurrency has been trading within the $0.84-$0.96 price range since its breakout in early August, reaching a five-month high of $1.02 on August 14. During…

SOL Rally To $250 May Happen In 2025

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Key takeaways: SOL struggles to sustain $200 as onchain activity weakens and leveraged demand remains subdued. A spot ETF approval and institutional support could lift SOL, but current fundamentals suggest limited rally potential. Solana’s native token (SOL) has repeatedly failed to hold levels above $200 over the past six weeks, leading traders to question what is limiting the upside. The concern is heightened by the fact that competitors Ether (ETH) and BNB (BNB) recently reached new all-time highs. The potential approval of a Solana spot exchange-traded fund (ETF) in the…

215% PENGU Rally Incoming? Analyst Says Token ‘Inches’ From Next Leg Up

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

PENGU Price Drops 9% but Analyst Signals Rally, $0.10 Next?

Key Notes PENGU lost 9% in a day, now trading near $0.031. Analyst Ali Martinez sees a potential rally to $0.10 if the bullish pattern holds. Support sits at $0.0300, with resistance at $0.0403–$0.0466. The fourth-largest meme coin by market cap, Pudgy Penguins’ native cryptocurrency PENGU PENGU $0.0318 24h volatility: 6.3% Market cap: $2.00 B Vol. 24h: $537.71 M , fell sharply today amid the broader crypto market downturn. At the time of writing, PENGU is trading at around $0.031, marking a 9% daily drop. However, popular crypto analyst Ali…

Cardano Price to $0.95? Altcoin Rally Driving Bullish Momentum

Key Notes Cardano trades between $0.92 and $0.95, with strong support set around the $0.85 mark. A close above $0.95 may open the path to $1.00 and $1.05. Traders eye volume and momentum shift as key signals to watch ahead of the breakout. The projection that Cardano (ADA) price will hit $0.95 is getting attention as the coin moves closer to a key level. Traders are watching closely to see if it can break through this key resistance. The digital asset has stayed consistent in recent days and is showing…

3 Reasons Bitcoin Price Failed to Cross $120K Despite Ethereum All-Time High Rally

Key Notes Bitcoin stalled below $120K while Ethereum surged to fresh all-time highs. Weak whale demand and ETF outflows limited BTC upside. Derivative market data shows a $3 billion cluster of short positions at $117,800. Bitcoin’s price stalled at around $117,000 on Saturday, Aug 23, with intraday gains capped at just 3%. By contrast, Ethereum (ETH) surged more than 10% to reach a fresh all-time high of $4,900. This move followed dovish comments from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, signaling lower interest rates. Fed Watch…

Fed-Fueled Crypto Rally Pushes Sentiment Into ‘Greed’ Territory

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Crypto sentiment returned to “Greed” on Saturday as the crypto market surged, following dovish comments from US Federal Reserve Chair Jerome Powell that raised speculation of a possible rate cut in September. The Crypto Fear & Greed Index, which measures overall crypto market sentiment, rose to a “Greed” score of 60 on Saturday, up 10 points from Friday’s “Neutral” reading of 50, after briefly dipping into Fear earlier in the week.  The Crypto Fear & Greed Index returned to Greed on Saturday after the Federal Reserve chair Jerome Powell hinted…

Bitcoin Slides Below $120K as Buyers Retreat, Is the Rally Already Over?

Bitcoin continues to trade below its recent highs, extending a pullback that began after reaching a record level above $124,000 last week. As of today, the cryptocurrency is priced around $115,347, reflecting a 7.7% drop from its peak and a 3% decline over the past week. The downturn highlights a loss of momentum, with market data suggesting reduced demand from buyers on major exchanges. According to recent analysis shared on CryptoQuant’s QuickTake platform, the decline is closely tied to shifting activity on Binance, the world’s largest crypto exchange by volume.…

Chainlink’s LINK Rallies 12% to New 2025 High Amid Token Buyback, Broader Crypto Rally

Oracle network Chainlink’s (LINK) native token sharply rebounded with the broader crypto market following Federal Reserve Chair Jerome Powell’s dovish remarks in Jackson Hole, Wyoming. LINK rallied 12% over the past 24 hours, hitting $27.8, its strongest price since December. Bitcoin (BTC) appreciated 3.5% during the same period, while the broad-market CryptoX 20 index jumped 6.5%. In protocol-specific news, Chainlink obtained two major security certifications this week: ISO 27001 and a SOC 2 Type 1 attestation, marking a first for a blockchain oracle platform. The audits, carried out by Deloitte,…

LDO, ENA Tokens Rally More Than 10% as Traders Snap Up Cheap Staking Tokens

Crypto traders bought the dip in several Ethereum staking tokens on Friday, lifting the likes of lido (LDO) and ethena ENA$0.7264 up by 14% and 15%, respectively. The gains follows a week-long decline that took place alongside a rapid shift in sentiment, which is typically a signal to buy. Lido and ethena are returning to last week’s highs after an early August rally spurred by the U.S. Securities and Exchange Commission’s statement that liquid staking protocols aren’t securities. The SEC’s statement was viewed as bullish for the decentralized finance (DeFi)…