Rally

Ethereum price started a recovery wave from the $2,820 zone. ETH is rising and now facing a major hurdle near the 100-hourly simple moving average. Ethereum found support at $2,820 and started a recovery wave. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it…

Seasoned trader Peter Brandt has reignited discussions with a bullish Bitcoin forecast that could see the premier cryptocurrency soar to new heights. Amid skepticism and divergent market opinions, Brandt’s projection places Bitcoin on a potential path to reclaim its all-time high near $74,000. Brandt’s Bullish Bitcoin Vision Peter Brandt, synonymous with market foresight, recently outlined a scenario where Bitcoin could experience a significant rally. His analysis, shared via a social media post on X with a BTC analyzed chart, suggests…

Embark on a journey where fun meets function as crypto investors flock to Raboo, joining the ranks of Shiba Inu and Floki. With Raboo's entry-level token presale priced at just $0.0042 and poised for a potential 100x surge in 2024, excitement runs high in the meme coin market. Explore the allure of these tokens and their promising future in the world of cryptocurrency. Raboo: Igniting Investor Frenzy in the Meme Coin Market Investors flock to Raboo, hailed as the hottest…

TL;DR Shiba Inu experienced a 5% price increase daily, with optimistic forecasts from analysts like Ali Martinez, who predicts a significant upcoming rally due to positive chart patterns. The potential for an uptick is supported by a significant resurgence in SHIB’s burning program and ongoing enhancements to Shibarium. Betting on a SHIB Bull Run The cryptocurrency market flashed green today (May 2) after suffering substantial losses the previous day. Shiba Inu (SHIB) is among the best performers (at least from…

An analyst explained how Shiba Inu could be heading towards a massive rally based on a bull flag pattern that forms in its daily chart. Shiba Inu Has Been Consolidating Inside A Bull Flag Recently In a new post on X, analyst Ali has discussed about a bull flag that has recently appeared in the daily price of Shiba Inu. The bull flag is a pattern in technical analysis (TA) that, as its name suggests, is shaped like a flag…

TL;DR Shiba Inu’s burn rate soared significantly today, with over two million tokens removed from circulation. However, SHIB’s price remains deep in the red, coinciding with an overall crypto market correction. The Latest Spike Shiba Inu’s burn rate increased substantially today (May 1), jumping 90% compared to the previous day. This resulted in over two million assets being removed from circulation. According to Shibburn, almost 1.7 billion SHIB tokens were burned last month following 204 transactions. The team behind the meme…

The cryptocurrency market continues to navigate a period of sluggishness. Yet, a recent whale activity has injected a flicker of hope for XRP, the native token of Ripple. On Tuesday, a significant investor, commonly referred to as a whale, acquired a hefty 23 million XRP, sparking renewed interest in the embattled token. Whale Movement: A Sign Of Shifting Tides? The purchase was identified by Whale Alert, a platform that tracks large cryptocurrency transactions. The tokens originated from a Binance exchange…

The post Bitcoin Price Dips: Is the Crypto Bull Rally Over? Experts Weigh In appeared first on Coinpedia Fintech News The crypto market hit a rough patch over the weekend, with Bitcoin leading the downward spiral by dropping 5.6% to around $62,500. This fall came after a period of stability, where Bitcoin hovered near $62,243 throughout the week. Alongside Bitcoin, other major players like Ethereum, Solana, and XRP also saw declines, signaling a broader trend of downturn. The total market…

The cryptocurrency market is evolving at a fast pace, bringing new opportunities and platforms that challenge traditional financial systems. Among these, Tron (TRX) and Aptos (APT) are two significant altcoins that have made headlines recently for their market movements. Both coins are now catching the eye of investors following the announcement of the DTX Exchange presale, a new deFi platform that promises a 100X rally with its innovative trading features and zero KYC requirements. Aptos (APT) 12.69% Price Drop Unlocks…