Bullish

A significant prediction is shaking up the cryptocurrency world. A crypto whale, renowned for their substantial $30,000,000 portfolio, has made a bullish forecast for Retik Finance (RETIK), a trending rival to Solana. This seasoned investor predicts that RETIK could experience an astounding 1200% rally by the end of June 2024. With such a substantial claim, the crypto community is buzzing with anticipation and curiosity. The Meteoric Rise of Retik Finance (RETIK) Retik Finance (RETIK) has already made headlines with its…

Polkadot (DOT) is consolidating gains above the $7.40 zone against the US Dollar. The price could start another increase if it clears the $7.70 resistance. DOT gained pace and tested the $7.70 resistance level against the US Dollar. The price is trading above the $7.20 zone and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $7.40 on the hourly chart of the DOT/USD pair (data source from Kraken). The pair could continue…

Recent developments in the crypto market indicate a strong bullish sentiment among Ethereum traders, particularly in the options market. Amid the growing anticipation for potential approvals of spot Ethereum exchange-traded funds (ETFs), there has been a noticeable shift in option pricing, with Ethereum call options becoming more expensive than put options across all expiries. This pricing pattern suggests the market is optimistic about Ethereum’s price prospects. Notably, A call option gives the holder the right, but not the obligation, to…

Signifying a new stablecoin based on the dollar, Ripple files the trademark RLUSD. XRP is priced at $0.5349, up 6.66% in the last week. By registering a new trademark for the term “RLUSD,” Ripple has moved a big step closer to introducing its planned dollar-based stablecoin. This May 7 trademark registration filed with the U.S. legal database Justia suggests the stablecoin’s potential listing symbol, which was echoed by crypto influencer Good Morning Crypto. While Ripple hasn’t officially announced anything, the…

THORChain (RUNE) and Solana-based Jupiter (JUP) continue showcasing their DeFi sector dominance with their recent price surges and bullish trajectories. However, an upcoming ICO DTX Exchange (DTX) is taking credit for the most significant growth with its presale and trading strategies. Can newcomer DTX herald a new wave of potential in the DeFi sector that outshines RUNE and JUP? Let’s find out! THORChain (RUNE) Could End Q2 Trading Above $10 THORChain (RUNE) has endured several ups and downs in 2024…

A renowned trader predicts that Bitcoin (BTC) could experience its next consolidation after hitting $90k or $100k, and also claims the recent pullback was good for future price increases.  The ongoing market spike is reportedly triggered by the speculations of a potential approval of a spot Ether ETF in the US.  Bitcoin (BTC) recently made a dramatic comeback into the $70k zone after a bullish reversal pattern was signalled by a spinning top candlestick closed to the downtrend’s bottom on…

Cardano (ADA), the native token of the smart contracts platform, has been a hot topic in crypto circles this week. The surge in price and trading activity has analysts like Sssebi predicting a potential bull run for ADA, citing key technical indicators and a shift in market sentiment. Breaking Through Resistance, Bouncing Back Stronger Sssebi, a well-respected crypto analyst, recently published a detailed report highlighting ADA’s recent bullish behavior. One of the key factors Sssebi points to is the token’s…

Bitcoin price started a downside correction from the $72,000 zone. BTC is now consolidating near $70,000 and might eye another increase in the near term. Bitcoin struggled above the $71,800 resistance zone. The price is trading above $69,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless there is a move…

The post Coinbase Bullish on Ethereum? Here Are The Top ERC20 Tokens To Diversify With appeared first on Coinpedia Fintech News Coinbase’s latest research report has outlined key factors that could propel the Ethereum price higher in the future. ETH currently lacks supply-side overhangs, such as large token unlocks or heavy miner selling, which typically cap rallies. Moreover, the report highlights that staking and Layer-2 growth are reducing the liquid ETH supply.  Its dominant position in DeFi looks secure due…