Tag: Rally

DOGE Rally To $0.25 Possible As Memecoins Outperform

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Key takeaways: DOGE formed a double bottom and broke through the lower time frame trendline, signaling a possible move to $0.25. Memecoins have been the best-performing narrative sector over the past 90 days. Dogecoin (DOGE) is trading near $0.17, staging a modest rebound after fluctuating between $0.13 and $0.25 since February. Despite its sideways movement, DOGE remains the 7th most traded crypto by 24-hour trading volume. Investors continue to monitor whether the memecoin can reclaim the key psychological level of $0.25. DOGE 1-day chart. Source: Cointelegraph/TradingView The daily chart reveals…

Can the 67% PENGU Price Rally Continue Ahead?

Key Notes On-chain data shows that whales holding over $1 million in assets have acquired 240 million PENGU tokens. Analyst Ali Martinez notes a SuperTrend “buy” signal, suggesting a breakout above $0.018 could trigger a rally to $0.028. Despite recent gains, PENGU’s RSI of 72.16 points to overbought conditions, hinting at possible exhaustion. PENGU PENGU $0.0161 24h volatility: 2.0% Market cap: $1.02 B Vol. 24h: $402.84 M , the native cryptocurrency of Pudgy Penguins, has witnessed a strong 67% upside over the past week amid strong bullish sentiment among investors.…

Key Bitcoin Price Levels To Watch as BTC Rally Stalls at $110K

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Key takeaways: Bitcoin’s multiple rejections from $110,000 signal the bulls’ inability to sustain higher prices. BTC price may drop as low as $105,000 in the short term if key levels are lost. Bitcoin (BTC) bulls were thwarted in an attempt to regain support at $110,000 on Thursday as US employment data exceeded expectations, dealing a blow to hopes of interest-rate cuts before September.  This is the third failed attempt since the May all-time high, casting doubt on Bitcoin’s ability to breach $110,000 and enter price discovery again. BTC/USD four-hour chart.…

Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report

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Data of the Bitcoin Stablecoin Supply Ratio suggests investors have stronger purchasing power today than during the previous bull rally. Bitcoin Stablecoin Supply Ratio Showing Neutral Purchasing Power In its latest weekly report, the on-chain analytics firm Glassnode has talked about the latest trend in the Stablecoin Supply Ratio (SSR) of Bitcoin. This indicator measures the ratio between the Bitcoin supply and the supply of stablecoins. Stablecoins are cryptocurrencies that have their price tied to a fiat currency. The SSR specifically measures the supply of the stablecoins tied to the…

House Passes Trump’s “Big Beautiful Bill”: Bitcoin Price Rally Incoming?

Key Notes Federal deficit spending combined with Fed balance sheet reduction creates liquidity pressures favoring non-sovereign assets. Clean energy subsidy rollbacks may boost Bitcoin mining profits in energy-rich states through cheaper electricity access. Altcoin markets remain divided with infrastructure tokens showing promise while speculative assets face volatility concerns. The House passed President Trump’s sweeping budget bill on July 3, locking in tax cuts, $5 trillion in new debt capacity, and deep reductions to Medicaid and food assistance. As it awaits Trump’s signature on July 4, market watchers are shifting attention…

Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline

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The Dogecoin price may be setting up for a significant rally as a technical analyst identifies a bullish breakout above the 50-day trendline. After months of compressed price action, the meme coin now appears poised to conclude its downtrend, igniting fresh optimism within the crypto community.  Dogecoin Price Set For Game-Changing Rally Trader Tardigrade, a crypto market analyst, announced in an X (formerly Twitter) post on July 1 that the Dogecoin price has just broken above a critical 50-day descending trendline on its daily chart. With this new development, the…

Dog Coins Rally as Bitcoin Tops $110K With BONK, WIF Posting Double-Digit Gains

Key Notes BONK broke descending trendline resistance, climbing from $0.00001348 to $0.00001750 with bullish momentum confirmed. WIF cleared symmetrical triangle pattern above $0.88, targeting $1.20-$1.40 range with volume supporting the breakout. BEST token presale reaches $13.6M funding milestone, offering $0.025275 entry price in countdown phase. Bitcoin’s BTC $109 887 24h volatility: 0.5% Market cap: $2.19 T Vol. 24h: $32.54 B breakout above $110,000 has reignited risk appetite in meme markets. BONK and WIF are leading the rally with technical breakouts and rising volume. The dog coin trade is back on…

ETH Rally to $3.2K Unlikely Based On Data

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Key takeaways: ETH failed to reclaim $2,600 as futures and options data show weak conviction from traders.  Ethereum’s layer-2 growth hasn’t translated into increased demand for ETH due to low rollup transaction fees. The Solana ETF launch undermined ETH’s altcoin leadership and reduced the odds of a rally above $3,200. Ether (ETH) gained 9% between Tuesday and Thursday but failed to break above the $2,600 mark. As the price rallied, traders pointed to a bullish technical formation known as a “golden cross” that could push ETH to $3,200, a level…

Bitcoin Futures Demand Grows as Options Market Bets on Rally

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Bitcoin derivatives markets show significant activity, with futures open interest reaching $76.21 billion and options traders heavily favoring bullish call contracts. Bitcoin Derivatives Heat Up: Futures Open Interest Grows Nearly 6% in 24H The bitcoin futures market represents agreements to buy or sell BTC at a predetermined price on a future date. A key metric, […] Original

XRP Bullish Pattern And Bank License Trigger Rally

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Key point: Ripple Labs CEO Brad Garlinghouse said in a post on X that the company “is applying for a national bank charter” from the Office of the Comptroller of the Currency (OCC).  Garlinghouse added that the firm would come under federal and state oversight if the license is approved. That would create a “new (and unique!) benchmark for trust in the stablecoin market.” Could XRP (XRP) benefit from the news and break out of its overhead resistance? Let’s analyze the charts to find out. XRP price prediction XRP rebounded…