Rally

The post 58% of Ethereum (ETH) Traders Are Long, Price Rally Incoming? appeared first on Coinpedia Fintech News In this ongoing market reversal, the Ethereum (ETH) price is poised for a significant rally as bulls are currently dominating the assets. According to the on-chain analytic firm CoinGlass, 58.15% of top Ethereum traders are holding long positions, while 41.85% are holding short positions. Source: CoinGlass Traders Sentiment are Bullish for Ethereum  This data suggests that bulls are back and could trigger…

The post Shibarium Nears 2 Million Addresses Amid Slowing Transactions, Is Shib Rally Ahead? appeared first on Coinpedia Fintech News Shibarium, the layer-2 solution for Shiba Inu, is showing steady growth despite a recent decline in transactions. The protocol is close to reaching 2 million registered addresses, with a current total of 1.81 million in just over 13 months. Although daily transactions have dropped from a high of 28,680 to 1,890, total transactions are approaching the 420 million mark. Other…

The post 1kx Network Withdraws $2.37M in $RPL After 22% Rally appeared first on Coinpedia Fintech News In recent news, 1kx Network, an early investor in Rocket Pool, has just deposited 203,320 $RPL worth $2.37M over Binance. The move comes just after the 22% surge with Binance’s RPL perpetual contract launch. In December 2020, 1kx received 500,000 $RPL at an average of $2.56. Since August 29th, 2024, they’ve deposited a total of 313,739 $RPL to Binance at an average price…

XRP price started a recovery wave above the $0.5320 level. The price could gain pace if it clears the $0.5480 and $0.550 resistance levels. XRP price is aiming for a move above the $0.550 resistance zone. The price is now trading above $0.5320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5325 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if…

The post Solana Price Surge Confirmed? Just One Step Away from a 35% Rally appeared first on Coinpedia Fintech News Solana (SOL) is posed for a significant price surge and is currently gaining notable attention from crypto enthusiasts. It just happened following SOL’s impressive performance and rise in trading volume.  Solana Price Performance  On September 10, 2024, SOL has experienced a massive price surge of over 5% in the last 24 hours and is currently trading near $134.6. Meanwhile, its…

An Ethereum analyst's forecast is stirring the crypto scene after predicting that the emerging RCOF could outperform FET's expected 400% rally, potentially exceeding 100x its current value.  While this prediction seems bold, RCO Finance’s (RCOF) innovative use of AI in online trading is drawing interest from investors. Will RCOF live up to this expectation? Find the details below!  RCO Finance (RCOF): A Cheap Solution to Financial Advising RCO Finance (RCOF) is swiftly gaining ground in DeFi, with analysts predicting that…

The post Toncoin Price Poised for 15% Rally, Traders Interest Skyrockets appeared first on Coinpedia Fintech News After a recent price drop of over 35%, the Toncoin (TON) price is posed for a significant upside rally. The reason for this massive upside momentum is the recent breakout of the consolidation zone near a crucial support level and a descending trendline in the four-hour time frame. Toncoin Price Momentum On September 9, 2024, TON experienced a price surge of over 10%…

The post AltSeason Alert: ETH Gaining Strength, Last Chance To Buy Before Altcoin Rally? appeared first on Coinpedia Fintech News Amid increased market uncertainty, the Ethereum price has stabilized around the $2,400 mark. Further, with the dominance of Bitcoin constantly declining, investors are considering this to be a sign of the beginning of a fresh Altcoin season cycle. Over the past month, the dominance of lesser-known tokens has increased to 17.02% from 16.32%. Moreover, many altcoins have defied the market…

An analyst has explained how Dogecoin has been forming a Falling Wedge pattern recently, breaking which may kickstart a new bull rally. Dogecoin Has Been Moving Inside A Falling Wedge Recently In a new post on X, analyst Ali Martinez has discussed a pattern that has recently been forming in the 1-day price of Dogecoin. The pattern in question is the “Falling Wedge” from technical analysis (TA), which is a type of Wedge. A Wedge pattern appears when the price…