Tag: Rally

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…

ETH Bulls Predict Rally To $9K: What Does Data Say?

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Key takeaways: ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026. Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating. Network usage remains near full capacity, even after multiple block gas limit increases, highlighting persistent demand. Ether (ETH) has surged 50% in just two weeks, regaining investors’ attention after a largely underwhelming cycle. Still, at $3,730, ETH remains 23% below its all-time high from November…

Dogecoin Price Rally Stalls, Key Breakout Catalyst to Watch

Key Notes There is optimism surrounding Dogecoin’s price performance as it approaches a bull run. DOGE price has plunged by 2.33% over the last 24 hours, with hopes of a rebound in view. Bit Origin’s Dogecoin treasury talks mark a key catalyst that may turbocharge gains. Analysts and market watchers believe that the price of Dogecoin DOGE $0.22 24h volatility: 8.2% Market cap: $33.59 B Vol. 24h: $10.94 B , the popular dog-themed cryptocurrency, is poised to reach a new high. This is not the current reality, especially since the…

SHIB Burn Rate Jumps 2,700% as Weekly Rally Builds Momentum

Key Notes SHIB burn rate increased by 2,740% in 24 hours. Price retests months-long wedge breakout for potential rally confirmation. SHIB is trading around $0.00001367 with no loss or gains in the past day. One of the top meme coins, Shiba Inu SHIB $0.000014 24h volatility: 0.0% Market cap: $8.04 B Vol. 24h: $325.30 M , has recorded a major surge in its burn rate, sparking speculation of a price rally. According to the data provided by Shibburn, burn rate has jumped by 2,740% in the past day, permanently removing…

Bitcoin Whale Bets $24M on BTC Rally to $200K as Price Retests $115K.

Key takeaways: A whale bet $23.7 million targeting Bitcoin at $200,000 by year-end, signaling strong bullish conviction. Analysts say Bitcoin remains bullish, but $115,000 will be key for uptrend continuation. Bitcoin (BTC) took out bid liquidity on Friday as an unknown trader made a significant bullish bet targeting a BTC price of $200,000 by the end of the year.  BTC/USD four-hour chart. Source: Cointelegraph/TradingView Whale bets $23.7 million on much higher BTC prices Data from Cointelegraph Markets Pro and TradingView showed BTC/USD slicing through nearby resistance to hit $114,960. As…

Cup And Saucer Pattern Says XRP Price Rally Is Not Done

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The XRP price rally has already seen it reclaim the $3.6 level once this year before slowing back down again. This slowdown has raised concerns of a possible end to the rally. But the formation of a Cup and Saucer Pattern actually tells a different story. Since this pattern is yet to be completely fulfilled, there is the possibility that the XRP price rally has only entered a possible slowdown and will continue to rise from here. Why The XRP Price Rally Is Still In Motion Crypto analyst Cryptinsightuk took…