Bullish

Crypto analyst Javon Marks has highlighted several metrics that have turned bullish for Ethereum (ETH). The analyst noted that one of these metrics suggests an all-time high (ATH) for the second-largest crypto token.  Bullish Metrics For Ethereum Marks remarked in an X (formerly Twitter) post that the bull flag-like price structure has formed on the Ethereum chart. He added that higher lows are forming in Ethereum’s price action, which is also a bullish signal as it suggests a strong resistance…

Ethereum price is eyeing an upside break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue higher in the near term. Ethereum is forming a base above the $2,860 support zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,905 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a…

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors lately. After dipping below $2,820, it surged to over $3,200, only to retrace some of those gains. However, analysts remain optimistic, citing technical indicators and a key regulatory decision on the horizon as potential catalysts for a near-term price increase. Ethereum Price Poised For A Breakout? Technical analysts are pointing to bullish signals suggesting a potential bounce back for Ethereum. Analyst Titan Of Crypto…

Ripple’s XRP faces challenges amid its legal battle with the SEC, but the company remains focused on driving change in the Web3 space. Three key developments in the Ripple ecosystem could drive XRP’s price higher. These include the potential for a Ripple IPO, the integration of Ripple technology with banks, and the possibility of a settlement in the Ripple-SEC lawsuit. Amid its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple’s native cryptocurrency XRP has struggled to…

The post Solana’s Outlook is Positive: Next Bullish Spell to Reclaim Levels at $160 During the Next Fortnight appeared first on Coinpedia Fintech News The market dynamics are changing very frequently as the star crypto, Bitcoin, displays a diverse price action every day. Besides, its dominance continues to rise, indicating that altcoins could receive less attention, due to which their value may remain consolidated. However, Solana is showing some diverse price actions as the token has approached the edge of…

Bitcoin (BTC) began the month with the deepest retrace of the cycle, falling to the $56,000 support level. The retrace raised alarms for some crypto investors and market watchers, who feared the bull run had ended. Since then, the largest cryptocurrency by market capitalization has recovered crucial levels, and analysts have identified bullish patterns on BTC’s chart, suggesting that it might finally be out of the woods. Is Bitcoin Out Of Danger? As the May 1st retrace developed, crypto analyst…

The post 5.1 Million Holders Eye Bitcoin’s Bullish Reversal Recovery! appeared first on Coinpedia Fintech News Nearly 10% of Bitcoin addresses, totaling 5.1 million, purchased BTC between the current price of $62,488 and the all-time high of $72,500. With an intraday rise of 1.67% and a significant jump from $60,000, Bitcoin is currently forming a morning star pattern, signaling underlying potential for a robust market recovery and heightened optimism among investors eager for a return to peak values.

Dogwifhat has defied the general market trend, soaring 30% for the week. The token has recorded an uptick in futures contracts in the past few days, signaling a building rally ahead. Dogwifhat (WIF) has ignited a frenzy among investors following a recent surge in price. After surviving a period of price volatility, Dogwifhat is now experiencing a remarkable turnaround. The price value hints at a potential upward trend, skyrocketing by over 30% in the past week alone. This signals renewed…

Over the past few weeks, the price of VeChain (VET) has struggled to live up to the promise and vigor it showed at the start of the year. This has been the story with a significant portion of the cryptocurrency market, with several large-cap altcoins down by double-digits in the past month. However, the VeChain token has been a hot subject of discussion in the circle of cryptocurrency analysts and pundits. Popular crypto analyst Ali Martinez is amongst the latest…