Rally

Ethereum price is consolidating above the $3,450 support zone. ETH must clear $3,560 and $3,620 to start a fresh increase in the near term. Ethereum is trading in a range above the $3,450 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming with resistance at $3,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above…

Bitcoin, one analyst notes on X, is looking healthy for the first time since the coin soared to over $70,000, printing all-time highs back in March 2024. The assessment is due to funding rates dropping to within ordinary levels, an indicator that volatility is also falling and moments of fear of missing out (FOMO) are fading.  Funding Rates At “Normal Levels” As FOMO Dissipates In crypto perpetual trading, the funding rate is the fee exchanged between market participants. These fees are…

TL;DR Cardano’s ADA saw some volatility but currently trades at approximately the same level observed a week ago. Analysts believe a potential rise to $1.70 and even an all-time high of $10 in the near future is not out of the cards. Most leading cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE), have experienced significant price revival in the past week. However, there are some exceptions, with Cardano’s ADA being one of those. The asset’s valuation currently…

Charles Hoskinson is bullish that Cardano will always win any vote for the best cryptocurrency.  Crypto analyst Jelle has forecasted a potential price surge for Ethereum based on a historical trend. Investors flock to NuggetRush because of its unified platform, which merges several elements.  Charles Hoskinson, in a recent tweet, expressed confidence that Cardano will dominate any vote for the best cryptocurrency as long as it is fair. Also, crypto analyst Jelle has predicted a potential price surge for Ethereum.…

The post ORDI Price Hints Breakout Rally! Ordi To Hit $100 This Month? appeared first on Coinpedia Fintech News With Bitcoin Halving days away, the BRC-20 tokens category has started to display increased price volatility in their respective charts, indicating a rise in the price action for these tokens in the crypto market. The ORDI price displayed a significant jump of 221.65% after displaying a neutral trend for a period, following which the price traded sideways. After multiple failed attempts,…

In anticipation of the upcoming Bitcoin Halving event, which is expected to occur later this month, Marathon Digital CEO Fred Thiel believes that the price impact may already be factored into the market to a certain extent.  Thiel shared his insights in a recent interview with Bloomberg, in which he discussed the potential catalysts for further price increases and their implications for the mining industry. Bitcoin Halving Impact Mitigated By ETF Surge?  The “halving” event, a software code update that…

The post Toncoin Surges 35% This Week! Is The TON Price Rally Over? appeared first on Coinpedia Fintech News Despite the cryptocurrency industry experiencing mixed sentiment, the Toncoin price continues to trade under a bullish influence, indicating an increase in the bullpower for the altcoin in the market. Further, it has added 34.64% within the past seven days, and its YTD stands at 192.63%.  After displaying a neutral trend by trading in a closed range between $2.010 and $2.750 for…

Bitcoin, the undisputed king of cryptocurrencies, is once again on a wild ride. After a surge over the weekend that brought it close to shattering its all-time high, the digital asset has dipped back below the crucial $70,000 mark in the last 24 hours. This sudden correction has left investors wondering if the predicted surge to $80,000 is still on the table. Bitcoin Erases Weekend Gains Just days ago, Bitcoin bulls were celebrating as the price climbed to near record…

The boss of America’s largest crypto mining firm, Marathon, said that spot Bitcoin ETF approvals had brought forward what would otherwise have been the post-halving rally. “I think the ETF approval, which has been a huge success, has attracted capital into the market and essentially brought forward what could have been the price appreciation we typically would have seen three to six months post halving,” Fred Thiel said in an interview with Bloomberg on April 9. “So I think we…