Tag: Rally

Analyst Predicts 2,000% Cardano Rally: ‘Fractal Is Too Clean’

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto-market commentator “Quantum Ascend” devoted a 8 June video to a single idea: the price structure that once catapulted Ethereum Classic to its bull-market peak is about to do the same for Cardano—and could deliver a…

OpenSea Acquires Rally to Launch Mobile App for NFT and Token Trading

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OpenSea acquired Rally, a mobile-focused Web3 platform, to bring token and NFT trading to mobile devices. The acquisition, announced Tuesday, signals OpenSea’s push to develop a mobile-first platform for trading digital assets. “Buckle up. The future of NFT and token trading fits in your pocket,” OpenSea wrote on X. According to Rally, users can expect a new OpenSea mobile experience “later this year.”  Rally co-founders Chris Maddern and Christine Hall will join OpenSea’s leadership team. The duo will bring Rally’s mobile ad token trading expertise into the platform, and Maddern…

Bitcoin Price Respects Support Zone — Bulls Eye Fresh Rally

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Bitcoin price remained supported above the $107,500 zone. BTC is now recovering losses and might aim for a move above the $109,200 resistance. Bitcoin started a recovery wave above the $108,000 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $109,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $107,500 zone. Bitcoin Price Eyes Upside Break Bitcoin price started…

SOL Price Rally Brews Despite SEC’s Solana ETF Delay

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Key point: Fidelity Investments’ proposed spot Solana (SOL) exchange-traded fund has been delayed as the US Securities and Exchange Commission has asked for public comments within 21 days and rebuttals within 35 days.  Bloomberg ETF analyst James Seyffart said in a post on X that the delay was expected. In another post, Seyffart said that “interactions between the SEC and issuers/exchanges should be viewed positively.” Could Solana rise above its overhead resistance in anticipation of a possible approval down the line? Let’s analyze the charts to find out. SOL price…

ETH Accumulation, 12-Week Ether ETF Inflows May Spark Rally

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Key point: Ether’s (ETH) price has been in a range for several days, but institutional investors seem to be silently accumulating. Ether exchange-traded products (ETPs) recorded $225 million in inflows for the trading week ended Friday, according to CoinShares data. It was the 11th successive week of inflows into Ether ETPs. Could sustained buying into Ether ETPs propel the price above the overhead resistance? Let’s analyze the charts to find out. Ether price prediction Ether has been maintaining above the 20-day exponential moving average ($2,507) for the past few days,…

Cardano Launches Blockchain Accounting Tool: Will ADA Falling Wedge Trigger 120% Price Rally?

Key Notes Reeve targets NGOs and ESG enterprises under regulatory pressure to modernize their financial reporting systems. ADA price forms falling wedge pattern with potential 120% upside to $1.30 if bulls break above $0.6053 resistance. Snorter presale raises $1.46 million as ADA traders diversify into Solana-based meme coin trading opportunities. On Tuesday, July 8, the Cardano Foundation announced Reeve, a new enterprise-grade financial reporting tool built on the Cardano blockchain. The launch now positions Cardano in the corporate compliance space, as the Charles Hoskinson-led Layer-1 network looks to deepen institutional…

Ethereum’s’ Mega Whales’ Accumulation Double That Preceded 95% ETH Rally In 2022

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Key takeaways: Ethereum mega whales have increased their holdings by 9.31%, a stronger buildup than before the 2022 rally. ETH is consolidating inside a bull pennant, with a breakout potentially targeting $3,400 by August. Ethereum wallets holding at least 10,000 Ether (ETH) are ramping up accumulation faster than before the 95% rally in mid-2022. Ether whales reclaim the most supply since 2020 The total ETH held by these “mega whales” recovered to over 41.06 million ETH as of July 7 from 37.56 million ETH—a record low—in October 2024, according to…

Bitcoin Traders Are Betting Against the Rally, Will It Backfire?

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Bitcoin has continued to trade within a tight range just below its previous all-time high, showing recent signs of upward movement but falling short of reclaiming its peak price. The asset recorded a seven-day high of $110,307, but it has since cooled, with current trading levels around $108,311, representing a slight 0.3% drop over the last 24 hours. While the broader market maintains cautious optimism, several indicators suggest that market participants remain split on where Bitcoin is headed next. Related Reading Bitcoin Shorts Increase on Binance Despite Price Climb Despite…

XRP Price Brewing A Monster Rally? This Patter Might Hold The Key

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As the crypto market moves sideways with low volatility on low timeframes, the XRP price trends to the upside. According to several analysts, the cryptocurrency is set to re-test previous highs as it completes a key bullish price pattern. Related Reading At the time of writing, the XRP price trades at $2.33. Over the past 24 hours, the digital asset gained 2.5% on its price, and over the past seven days almost 7%, per data provided by CoinGecko. XRP price trends to the upside on low timeframes. Source: XRPUSD on…

Bitcoin Rally to $120K Possible After Bears Unwind Positions

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Key takeaways: Bitcoin derivatives show reduced demand for downside protection, suggesting renewed investor confidence. US import tariff hikes on Japan and South Korea intensified recession fears, boosting Bitcoin’s appeal as a hedge. Bitcoin (BTC) has been trading within a tight $107,300 to $110,600 range since Wednesday, fueling speculation over the potential for a sudden price rally. Market participants are increasingly confident that fresh liquidity injections by major central banks could serve as a catalyst for a Bitcoin bull run. Source: x/TedPillows Market analyst TedPillows pointed out that Bitcoin has lagged…