Tag: Rally

Will It Start an Altcoin Rally?

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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. The House of Representatives has introduced the Digital Asset Market Clarity Act, which looks to adopt a structured legislative approach towards the crypto market. Well, this is exactly what the crypto community was hoping for ever…

Bitcoin Rally Stalls at $108K as Key Risk Metric Flashes Red, Is Correction Looming?

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Bitcoin (BTC) has recently experienced a slight slowdown after its impressive upward run, trading at $108,012 at the time of writing. Over the past week, Bitcoin has recorded a 3.1% decline, indicating a moderate pullback from recent highs. However, despite this short-term downtrend, the asset continues to hold steady above significant support levels, suggesting minimal selling pressure from market participants. Amid the current pullback phase, analysts have started to express caution regarding Bitcoin’s immediate outlook. In particular, one CryptoQuant analyst known by the handle Crazzyblockk highlighted the emergence of an…

Solana rally capped by SOL token unlock and memecoin decline

Key takeaways: Solana’s native token, SOL (SOL), dropped 10% following a sharp rejection at the $185 level on May 23. The current $167 mark is the lowest in over a week, leading traders to question the reasons behind the recent decline and whether SOL might revisit the $142 support level. Despite the price drop, SOL holders can take some comfort in Solana’s position as the second-largest network in terms of total value locked (TVL). Still, Ethereum’s dominance remains unchallenged, supported by a broad layer-2 ecosystem that offers low fees and…

Ethereum’s $2.4 billion options expiry could spark a rally

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Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. On May 30, $2.4 billion in Ether (ETH) options will expire—an event that could support ETH’s attempt to break above the $2,700 mark for the first time in over three months. Despite the recent gains, Ether is down 21% in 2025, while the broader cryptocurrency market has seen a 5% increase. Ether bulls are motivated to keep…

Ethereum, Bitcoin price headed for another rally: Bitfinex analyst

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Bitfinex analyst Jag Kooner believes that Bitcoin and Ethereum are driven by the macroeconomic environment, which is pushing them to new highs. Despite recent volatility, Bitcoin (BTC) and Ethereum (ETH) may be heading for another move higher. According to Jag Kooner, Head of Derivatives at Bitfinex, the current macroeconomic environment is favorable for digital assets. In particular, traders are looking at Federal Reserve guidance and consumer spending data, the Bitfinex analyst shared in a note with crypto.news on May 28. For one, the Fed is under pressure from the potential…

Price Could Rally To $12 If History Repeats Itself

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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. Este artículo también está disponible en español. Dogecoin has yet to hit its previous $0.74 all-time high from 2021, but nevertheless, $1 has remained the target for the altcoin this cycle. This is due to the…

Bitcoin long-term holders stay put despite 47% rally

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Bitcoin has surged more than 47% from its recent lows, hitting a new all-time high in May as holding patterns show strong accumulation. Unlike in past market cycles, long-term holders are not in a hurry to sell. On-chain data reveals a notable lack of aggressive selling despite substantial profit potential, indicating strong conviction among long-term investors and little structural drag on the uptrend. Real Vision analyst Jamie Coutts stated in a May 28 X post that the LTH-SOPR (Spent Output Profit Ratio) indicator is one of the most obvious indicators…

Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally

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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. Este artículo también está disponible en español. Ethereum is trading above $2,600 after a volatile stretch that saw bulls regain momentum and push the price into a key resistance zone. The recent rebound has brought renewed…

Bitcoin To Continue Price Discovery Rally If It Holds These Levels

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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. Este artículo también está disponible en español. As Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto. Related…

Ethereum Price Faces Pressure: Can It Sustain Its Recent Rally?

Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a move below the $2,500 support zone in the near term. Ethereum…