Bullish

Solana (SOL) has shown remarkable market resilience by holding onto its position above the 100-day Simple Moving Average (SMA) in spite of notable market turbulence. SOL has seen a lot of volatility in the last several months, but it has found firm support at this pivotal moving average, indicating a persistent positive mood. The ability of Solana to hold above the 100-day SMA shows that buying enthusiasm outweighs any downward pressure, providing a good basis for future upward momentum thereby…

Avalanche (AVAX), the token powering the smart contracts platform Avalanche, is stirring excitement in the crypto sphere. Bullish technical indicators and upcoming developments within the Avalanche ecosystem are fueling speculation of a significant price surge, with some analysts eyeing a potential rally above $100. Technicals Flash Green: A Bounce In Sight? Technical analysis based on historical data and chart patterns paints a promising picture for AVAX. Analysts point to a recent corrective phase that the token appears to have overcome,…

Bitcoin price started a decent increase above the $70,500 resistance. BTC is showing positive signs and might gain bullish momentum above the $72,000 resistance in the near term. Bitcoin extended its increase above the $70,000 and $70,500 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $70,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain…

Bitcoin price is back trading above $70,000 after weeks of sideways price action. The recent boredom and sideways grind, however, isn’t necessarily a bad thing. In the past, such lulls in volatility have preceded the top cryptocurrency’s greatest rallies on record. Let’s take a look. Bitcoin Historical Volatility Reaches Record Low The term volatility often has a negative connotation surrounding it. For example, Oxford Languages defines volatility as the “liability to change rapidly and unpredictably, especially for the worse.” In…

Crypto analyst Miles Deutscher highlighted a significant bullish movement in Bitcoin, driving speculation about the best altcoins to watch. He noted Bitcoin’s impressive rise to over $71,000, marking a potentially pivotal moment for the crypto market. This surge comes amidst the highest daily inflows ever recorded for Bitcoin spot exchange-traded funds (ETFs) since, indicating strong institutional demand. Deutscher emphasized that Bitcoin’s performance could have a ripple effect on altcoins, as positive market sentiment often spills over into other digital assets.…

XRP price is slowly moving higher above the $0.5120 zone. It could start a major increase if there is a close above the $0.5320 resistance zone. XRP is attempting a fresh increase above the $0.5220 zone. The price is now trading above $0.520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a decent increase…

Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange, has experienced a notable surge of 7% within the past 24 hours.  This upward movement reflects the overall positive trend in the market and places BNB ahead of the top five cryptocurrencies in terms of performance. Interestingly, an important milestone has been achieved as BNB surpassed its previous yearly high of $645 from March, as the token reached a high of $673 as of Tuesday. BNB Primed For Bullish…

On Tuesday, US spot Bitcoin exchange-traded funds (ETFs) recorded significant inflows, totaling a remarkable $886.6 million. This influx marks the second-best day for joint net inflows into US spot Bitcoin ETFs. With these elements at play, crypto analysts and community members consider a bullish market outlook for Bitcoin. Bitcoin Surges to $71,200 Leading the pack, the Fidelity Wise Origin Bitcoin Fund (FBTC) saw an inflow of $378.7 million. Not far behind, BlackRock’s iShares Bitcoin Trust (IBIT) added $274.4 million. Additionally,…

The post Will Binance (BNB) Coin Price Achieve New ATH As Bullish Sentiment Intensifies? appeared first on Coinpedia Fintech News The volatility in the crypto market is on a constant rise, indicating increased buying and selling pressure in the crypto space. However, top tokens have displayed a reduced price action over the past week, highlighting uncertainty for these altcoins in the market. On the other hand, the Binance Coin price has experienced a bullish jump of approximately 3.5% over the…