Bullish

Bitcoin price has a dynamic outlook that suggests a bottom has been set. Bitcoin’s halving impact and ETF adoption remain key indicators to watch. The price of Bitcoin (BTC) might have hit a local bottom as top analysts suggest riding on the current profitability of short-term institutional whales. It is worth noting that selling pressure is inspired by many factors including market sentiments, macroeconomic factors as highlighted in previous reports by Crypto News Flash, whale activity, and regulatory policies. Bitcoin’s…

After experiencing a rapid downturn, Ethereum has found itself supported by a substantial zone, comprising the 100-day moving average and a critical price range between the 0.5 and 0.618 Fibonacci levels. Consequently, a bullish rebound is anticipated in the medium term. Technical Analysis By Shayan The Daily Chart A thorough examination of the daily chart reveals an extended period of corrective retracements, culminating in the price finding support within a pivotal zone. This zone encompasses the 100-day moving average at…

The cryptocurrency market, particularly Bitcoin, undergoes a transformative phase every four years known as the “halving,” where the rewards for mining are halved, significantly affecting the influx of new BTC. This anticipated event reduces the supply, traditionally escalating Bitcoin’s price due to its increased scarcity. As the 2024 halving takes place, industry leaders shares crucial insights. They highlight the impact this event has on trading strategies and the broader investment landscape. Immediate Effects Post-Halving John Patrick Mullin, CEO of real-world…

At $0.041, VeChain has lost close to 20% in the past week, but one popular analyst says that if it replicates its trading pattern from four years ago, VET could spike 1,360% However, the coin would first retrace even further to hit $0.32, which is the upper boundary of its current trading consolidation pattern, before breaking out. The last ten days have been tough on crypto, with Ethereum dipping to $3,000 after hitting a high of $3,700. Meanwhile, BTC struggles…

BNB price is attempting a fresh increase from the $515 zone. The price could gain bullish momentum if it clears the $572 resistance zone. BNB price started a fresh increase after it found support near the $515 zone. The price is now trading below $555 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $540 on the 4-hour chart of the BNB/USD pair (data source from Binance). The…

On-chain data shows that a Chainlink indicator is currently forming a pattern that has led to an average 50% increase for LINK in the past. Chainlink 30-Day MVRV Ratio Has Plunged In a new post on X, analyst Ali discussed the latest trend in Chainlink’s 30-day MVRV ratio. The “Market Value to Realized Value (MVRV) ratio” is a popular on-chain indicator that tracks the ratio between LINK’s market cap and realized cap. The market cap naturally refers to the total…

Goldman Sachs is warning BTC investors that the highly anticipated Bitcoin halving could fail to deliver on expected returns. The bank reveals that previous bullish trends were not driven solely by the halving but also by other macro factors that played a role. Financial banking giant Goldman Sachs is warning Bitcoin (BTC) investors that the upcoming Bitcoin halving could fail to deliver the desired returns. With just two days to the next Bitcoin halving, the Bitcoin community is hoping that…

XRP price is undergoing a mild recovery push after a long-stretched falloff period. The coming Bitcoin halving event is likely to trigger a bullish surge for the coin according to analysts. XRP, the cryptocurrency affiliated with Ripple Labs Inc., appears to be picking up steam as investors hold steady at $0.47. XRP holders are demonstrating bullish momentum, suggesting that selling will be held off for now to make provision for recovery. XRP Recover Slightly At the time of writing, XRP…

The post Bullish Meme Coin Picks: Shiba Inu (SHIB), Dogecoin (DOGE), and Furrever Token (FURR) – The Three Must-Have Tokens appeared first on Coinpedia Fintech News In the rapidly shifting landscape of the cryptocurrency market, Shiba Inu (SHIB), Dogecoin (DOGE), and Furrever Token (FURR) each portray distinct narratives reflecting their unique market positions and speculative dynamics. As Shiba Inu navigates market volatility in anticipation of Bitcoin’s halving, Dogecoin reacts to influential social media activity by Elon Musk, and Furrever Token…