Bullish

The on-chain analytics firm Santiment has revealed that Dogecoin and Cardano are two assets that look “very bullish” according to this metric. Dogecoin & Cardano Currently Have Low 30-Day MVRV Ratios In a new post on X, Santiment has discussed about how some of the top assets in the cryptocurrency sector are looking like right now in terms of the Market Value to Realized Value (MVRV) Ratio. The MVRV Ratio is a popular on-chain indicator that keeps track of the…

Cardano (ADA) extended losses and tested the $0.360 zone. ADA is now rising and might attempt to clear the $0.400 resistance zone. ADA price remained in a bearish zone and settled below $0.40. The price is trading below $0.400 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $0.3760 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close…

Bitcoin, the undisputed king of cryptocurrencies, finds itself in a tug-of-war between bullish whispers and bearish roars. While some analysts point to technical indicators hinting at a price surge, others warn of potential pitfalls lurking beneath the surface. Bulls See Bullish Flags And Futures Technical analysts are a curious breed. They speak in a language of charts, patterns, and indicators, deciphering the cryptic movements of the market. One such indicator, the bullish flag pattern, has some analysts, like Gert van…

The post Dogecoin Finds Major Bullish Catalyst in Elon Musk X Payments appeared first on Coinpedia Fintech News Elon Musk’s grand vision for X, formerly known as Twitter, includes transforming the platform into an all-encompassing app, complete with payments, audio and video calls, news, and even dating. What is the most intriguing part of this ambitious project? The integration of Dogecoin, the popular meme coin Musk has often championed, into X Payments. According to Bloomberg, Linda Yaccarino, CEO of X,…

Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, has recently experienced notable price appreciation and rapid growth in its ecosystem. After a period of consolidation between $1 and $2 since 2022, TON’s price has surged to reach a record high of $8.25 on June 15.  This achievement is accompanied by a significant increase in the TON blockchain’s Total Value Locked (TVL), doubling from $300 million. TON Blockchain’s TVL Hits $600 Million According to technical analyst Kyle Doops, the…

Amid the ongoing crypto market rally, the third richest man in Mexico, Ricardo Salinas, has urged followers to buy Bitcoin to hedge against inflation. The billionaire made the remark in a post on X that discussed inflation as a hidden tax on fiat money. Meanwhile, as the bull market draws closer,  analysts look into the top crypto coins with bullish sentiment. Among the tokens that experts have high hopes for are Angry Pepe Fork, XRP, Cardano, Polygon and Notcoin. With…

XRP market indicators and metrics have pointed to a trend reversal with a possible price rally in the coming days. Market experts argue that XRP is not out to replace the U.S. Dollar but to revolutionize the value transmission system. After taking a massive dip in April, XRP is preparing for a bull rally after a prolonged period of consolidation. XRP market indicators and metrics point to a bearish reversal after a rebound from critical support positions over the weekend.…

XRP price started a decent recovery wave above $0.4850. The price reclaimed the 100-hourly SMA and might aim for more upsides. XRP price found support at $0.4600 and started a recovery wave. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.4860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise unless it fails…

One crypto analyst says that TON is headed to $11, gaining over 40%, but technical analysis shows that it might first dip to $7.2 before picking up momentum. TON was the only crypto in the top ten coins to record net gains in the past seven days and was only second to Uniswap’s UNI for gains among the top 100 as most cryptos flashed red. TON has had a great week, gaining over 12% to cement its spot in the…