Bullish

Ethereum price is showing positive signs above the $3,550 zone. ETH must clear the $3,680 resistance to continue higher in the near term. Ethereum started another increase above the $3,550 resistance zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support at $3,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,680 resistance zone.…

The post Market Rebound Boosts Bullish Potential on $MEDA While Investors Chase Pumps on Solana and Fantom appeared first on Coinpedia Fintech News TLDR SOL is down by 5% as robots spam blockchain. Fantom packs social media influence with 120% monthly gains. Milei Moneda is set to hold its ground in the meme market and bring substantial ROI. Solana (SOL) is on a surprise decline after weeks of gaining and finally surpassing its ATH. Meanwhile, Fantom (FTM) is a fast-growing…

The post Terra Luna Classic Hits Fresh Milestone As Whales Get Bullish Over XRP and NuggetRush appeared first on Coinpedia Fintech News TLDR Terra Luna Classic whales maintain their positions by holding large LUNC and USTC tokens. NuggetRush and XRP attract bullish whales to their unique platforms and high growth potential. As NuggetRush nears its official launch, crypto analysts anticipate notable gains for early backers.  Terra Luna Classic (LUNC) hit a new milestone as the number of its LUNC and…

Bitcoin reclaimed another crucial resistance area as it climbed above $69,000 this week. With the upcoming halving drawing near, investors are preparing for the price fluctuations that accompany this event. However, the latest data suggests a promising trend for the leading crypto assets as two critical factors shift positively. According to CryptoQuant’s analysis, the Coinbase Premium Index is now higher once again. Such a trend is essentially indicative of renewed interest from US retail and institutional investors. Meanwhile, spot Bitcoin…

Ethereum (ETH) stands at a crucial juncture, with its eyes set on the $4,000 price mark. Amid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC). Despite this potential regulatory hurdle, some analysts remain optimistic about Ethereum’s prospects. A detailed analysis by Captain Faibik, a market watcher, highlighted a bullish pattern in ETH’s four-hour candlestick chart, suggesting that the $4,000 threshold is within reach. Ethereum…

A new cryptocurrency has emerged, capturing investors' attention with its game-changing potential. Retik Finance (RETIK), a decentralized finance (DeFi) powerhouse, is poised to repeat the iconic Shiba Inu (SHIB) token's unprecedented surge in 2021. As Retik Finance prepares to launch its groundbreaking virtual DeFi debit cards, analysts are bullish on its prospects, predicting a meteoric rise. Retik Finance: Revolutionizing Global Transactions Retik Finance's innovative ecosystem is led by its DeFi debit cards, a cutting-edge solution that seamlessly bridges the gap…

Goldman Sachs continues to back Bitcoin, even after its value slipped to $60,000. The investment giant’s digital assets chief, Mathew McDermott, has noted a significant shift. Now, more institutional investors are entering the crypto market, previously led by retail investors. Why Goldman Sachs is Bullish on Bitcoin At the Digital Asset Summit in London, McDermott shed light on the changing tide of investment. Despite a recent fall in Bitcoin’s price from a high of nearly $73,798 to around $63,000, institutional…

According to several on-chain features, the possibility of Bitcoin heading towards a significant price boost is still in the game. Miners have ceased disposing of their coins, including long-term hodlers. The Stablecoin Supply Ratio has also dropped substantially recently. Apart from being the root of the Bitcoin network, miners also have a notable role in the underlying asset price. For example, they can negatively impact BTC's price when they finally sell off massive portions. This was the case at the…

Facebook-backed Diem might launch this year based on a recent report. The report, citing a source undisclosed, said the Diem Association plans to launch a small pilot with a single "stablecoin," pegged to the US dollar, later this year. The association has indicated that it has relocated its significant activities to the United States from Switzerland. It has also withdrawn its application to the Swiss Financial Regulator for payments. CNBC also said that if Diem's pilot is introduced this year,…