Bullish

Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels. Ethereum slowly moved higher above the $3,420 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $3,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $3,480 and $3,520 resistance levels to continue…

As the highly anticipated launch of the first spot Ethereum ETFs in the United States nears, experts are predicting a significant price appreciation for the second-largest cryptocurrency in the market. Ethereum ETFs On The Horizon According to a recent Reuters report, the US Securities and Exchange Commission (SEC) could approve Ethereum ETFs as soon as July 4, as discussions between asset managers and regulators enter the final stages.  Industry executives and other participants who requested anonymity due to the confidential…

A popular crypto analyst has claimed that PEPE is primed for a massive rally, pointing to its recent ABC corrective move, which usually precedes a five-wave surge. He also projected that POPCAT would surge to new highs, claiming that its price trend mirrors Dogwifhat back in March before it embarked on unprecedented heights. Frog-themed meme coin Pepe could be about to embark on a massive rally, says one popular crypto analyst, despite the token dipping over 20% in the past…

Amidst waves of concern surrounding the sale of Bitcoin by the US and German governments, industry experts have come forward to dispel fears, suggesting that these moves could be bullish for the market. Yesterday, the Bitcoin sector experienced heightened volatility following actions by two major governments. The German Federal Criminal Police (BKA) continued with its sales of Bitcoin, reducing its holdings from 50,000 BTC to 45,264 BTC. Concurrently, the US government transferred 4,000 BTC to Coinbase, likely aiming for liquidation,…

The post Cardano Price: Technical Pattern Repeating 10 Times Signals a Bullish Move To The Moon appeared first on Coinpedia Fintech News Altcoins are striving to recover losses and maintain their position as investors assess the current state of the market. Cardano’s ADA, currently ranked 10th, has declined by 2% in the past 24 hours and 3% over the last seven days. Analyst Crypto Capital Venture discussed a consistent pattern in Cardano’s (ADA) price movements, focusing on the 20-week moving…

The Cardano network recently faced a distributed denial of service (DDoS) attack, a malicious attempt to disrupt its operations. However, the mechanisms and decentralized structure of Cardano effectively mitigated the attack, ensuring uninterrupted stability and operation.  This display of resilience has garnered praise from bullish investors and renewed confidence in the price appreciation prospects of Cardano’s native token, ADA. DDoS Attack Propels Bullish Sentiment Jaromir Tesar, an industry expert, highlighted that most services, including SundaeSwap, which processed many orders, continued…

The post XRP Price: Bearish June Ends Soon; Here’s How Much Profit You Can Make in Bullish July appeared first on Coinpedia Fintech News The XRP price took a nosedive, leaving a trail of red across the charts. Is this the end of the XRP dream or just a temporary setback? July might be a game-changer for XRP. Is this just a bump in the road or the start of something big? All these important questions were answered by analyst…

BNB price started a recovery wave from the $550 support. The price is now consolidating and facing hurdles near the $585 and $592 levels. BNB price started a decent upward move from the $550 support zone. The price is now trading above $575 and the 100-hourly simple moving average. There is a short-term rising channel forming with support at $578 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could gain bullish momentum if there…

In a significant development for the cryptocurrency market, asset managers are eagerly preparing for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC).  Bitwise Chief Investment Officer (CIO) Matt Hougan has weighed in on the potential of these ETFs, predicting substantial inflows into the regulated market within the first months of trading. Market Data Suggests $15B Demand For Spot Ethereum ETFs Hougan’s projections are based on a thorough analysis of available data.…