Tag: Rally

S&P 500 rally brings it closer to sell signal: BoFA

While global stocks are likely to continue higher despite fresh tariff concerns, Bank of America strategist Michael Hartnett has warned that moves above 6,300 for the S&P 500 could trigger a “sell signal.” Bank of America strategists said in a research report that investors have allocated significant funds into cash and bonds in recent days, even as stocks rallied to record highs. Both the Dow Jones Industrial Average and the Nasdaq Composite edged higher as markets welcomed the easing of Middle East tensions and positive sentiment driven by macroeconomic tailwinds.…

BONK Turns Parabolic; ETF and Token Burn Fuel Rally

Key Notes BONK surged 11% as ETF speculation and an imminent 1T token burn ignited bullish momentum. Indicators like RSI, MACD, and BoP all align to support continued upward price action. BONK could target $0.00003474 and beyond, with Fib levels pointing to new all-time highs. . BONK, the Solana-based meme token, recorded a 20.43% surge in its trading volume, while its price rose by more than 20%, hitting a daily high of $0.00001864 before stabilizing around $0.00001855 at the time of writing. Although the token remains 68.71% below its all-time…

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…