Tag: Rally

Dogecoin Price Eyes 830% Rally Amid DOGE Whale Purchases

Key Notes A “Spinning Top” candlestick pattern suggests a major reversal after the recent DOGE price correction. Grayscale’s Zach Pandl attributes DOGE’s rise to broader altcoin market momentum and renewed investor risk appetite. Whale accumulation surged with 130 million DOGE purchased in a day. With 35% monthly gains, Dogecoin DOGE $0.22 24h volatility: 3.5% Market cap: $33.40 B Vol. 24h: $1.96 B price continues to be on investors’ radar, with analysts predicting 830% upside from here. Although DOGE flirts around $0.23 as of now, market analysts are hopeful of a…

BNB Price Corrects Gains After Strong Rally – Is It Just a Healthy Pullback?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Poised for a Comeback – Is Another Rally on the Horizon?

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Ethereum price struggled to continue higher above the $3,940 zone. ETH is now consolidating gains and might soon aim for a move toward $4,000. Ethereum started a fresh increase above the $3,840 and $3,880 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,725 zone in the near term. Ethereum Price Holds…

Ethereum Rally Not Fueled By Bitcoin Dump, On-Chain Signals Show

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Ethereum (ETH) has had an impressive July, surging over 60% from around $2,400 on July 1 to a high of $3,941 by July 27. What’s particularly notable about this rally is that it appears to be driven by fresh capital inflows – not a rotation out of Bitcoin (BTC), as some have suggested. ETH Rally Driven By Fresh Capital According to a CryptoQuant Quicktake post by contributor Carmelo Aleman, claims that ETH’s current rally is a result of capital rotation from Bitcoin to Ethereum are unfounded. Aleman references on-chain data…

Is Bitcoin’s Record Low Volatility Predicting A Rally?

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Key takeaways:  The Bitcoin Implied Volatility Index has fallen to its lowest level since September 2023, hinting at a potential breakout. The short-term holder realized cap drawdown is at -8%, which is historically a bullish accumulation zone. Bitcoin’s (BTC) recent price action points to a phase of quiet accumulation, but data shows that these low-volatility scenarios rarely last long. The 30-day implied volatility index (BVIV) for BTC has dropped to 40.84, falling below the threshold at 45, a level breached only 21 times over the past 149 weeks (since September…

PENGU, ETH, AVAX, BNB May Lead Altcoin Rally If BTC Hits ATH

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Key points: Bitcoin is preparing for a range expansion in the next few days, and the trend favors the bulls. ETH, BNB, AVAX, and PENGU are looking set for a possible upside move. Bitcoin (BTC) has failed to break above $120,000, but a positive sign is that the bulls have not ceded much ground to the bears. Investors have again resumed pouring money into the BTC exchange-traded funds, which witnessed net inflows for the past three trading days, according to Farside Investors data. American billionaire and hedge fund manager Ray…

Cardano Price Slides 5%, Is ADA Rally to $1.5 Still on Track?

Key Notes Cardano (ADA) has seen its price slip to $0.79, corresponding to a 5.16% drop within 24 hours. Instead of fundamental news, technical factors are believed to be responsible for this recent decline. The next 24-48 hours will determine whether the ADA price pullback will extend toward stronger support levels or not. In the early hours of July 29, Cardano ADA $0.80 24h volatility: 4.4% Market cap: $28.90 B Vol. 24h: $1.44 B saw its price drop to $0.79, corresponding to a 5.16% decline within 24 hours. Some…

Bitcoin Rally Might Be Running on Fumes, Analyst Warns of August Turning Point

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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…

SOL Preps For Rally To $260, Here’s What Must Happen

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Key takeaways: SOL futures and funding rates show moderate optimism, but no strong bullish positioning yet. Network activity and ETF anticipation support upside, but confidence among big players remains muted. Solana’s native token, SOL (SOL), rallied 28% in three weeks, creating some positive momentum after nearly two months of bearish price action. The move has sparked moderate optimism in SOL derivatives, although whales and market makers have yet to turn bullish. Traders are now questioning what might unlock a new rally toward $260. SOL perpetual funding rate, annualized. Source: Laevitas.ch…

Bitcoin Price Gears Up for Fresh Rally After Tight Range?

Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,500 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $118,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,500 resistance zone. Bitcoin…