Ethereum price started a recovery wave above $4,175. ETH is now consolidating and might aim for more gains if it clears the $4,240 resistance. Ethereum remained stable above $4,100 and started a recovery wave. The price is trading above $4,160 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $4,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,220 and $4,240. Ethereum Price Eyes Upside Break Ethereum price remained…
Tag: Rally
SOL Rally To $250 Depends on ETF, Competitors’ Growth
Key takeaways: Solana network activity and fees have declined, yet spot ETF expectations maintain investor interest in SOL. Validator income sustainability and staking inflation are risks, but institutional inflows could drive SOL gains. Solana’s native token, SOL (SOL), surged 10.5% after testing the $191 level on Friday. Even with this rebound, the token’s price remains 10% lower over the past two weeks, trailing rivals Ether (ETH) and BNB (BNB). Traders are now weighing SOL’s chances of climbing back to $250 and trying to understand the factors behind its weaker performance.…
BTC Eyes $115K Rally But CME Gap Risk Lingers
Key takeaways: Bitcoin rallied 4.5% in 48 hours, reclaiming $114,000. A reset in BTC’s open interest points to healthier upside after long de-leveraging. A CME gap near $111,300 remains a short-term risk to bullish momentum. Bitcoin (BTC) price rallied 4.5% in less than 48 hours, retesting $114,000 on Monday. The recovery followed last week’s sharp correction between Monday and Saturday, where data indicated the pullback was less about aggressive shorting and more about longs de-leveraging to set up a cleaner base for future upside. Bitcoin one-day chart. Source: Cointelegraph/TradingView Between…
XRP Price May Not See An Explosive Rally In October As Expected, Here’s Why
The phrase “Uptober” has gained popularity in the crypto market, as October has historically delivered gains in the past. For the XRP price, however, the picture looks very different. A closer look at its history shows a mix of big wins and painful losses, making October far less predictable. Removing the extreme years shows that the data points to flat or negative results, which means investors counting on an explosive rally may end up disappointed. Although the last quarter of the year has brought substantial gains in some cases, the…
ASTER’s $9M Whale Rotation From HYPE Sparks 480% Rally Narrative
Key takeaways: Aster (ASTER), the decentralized exchange (DEX) token tied to Binance founder Changpeng “CZ“ Zhao, may flip its rival Hyperliquid’s (HYPE) by market capitalization and rally 480%, multiple analyses show. ASTER price can grow 480%: analyst Market analyst Marcell says ASTER could absorb much of HYPE’s market cap, pointing to a straightforward comparative valuation. At its peak earlier this year, HYPE’s market cap climbed above $18 billion, nearly 4.8 times higher than ASTER’s current $3.74 billion. Source: Marcell/X If ASTER were to simply match that same valuation, its token…
Saylor Predicts Year-End Bitcoin Rally Due to Demand Squeeze
Bitcoin will start to gain again toward the end of the year, after facing upward pressure from growing corporate and institutional interest, says Strategy executive chairman Michael Saylor. Saylor told CNBC’s Closing Bell Overtime on Tuesday that corporate adoption of Bitcoin (BTC), along with the consistent acquisition of Bitcoin by large exchange-traded fund (ETF) funds on behalf of institutional investors, is taking up all the natural supply. Saylor added that “companies that are capitalizing on Bitcoin are buying even more than the natural supply being created by the miners,” which…
Dogecoin (DOGE) Extends Losses – Is This the Final Shakeout Before Big Rally?
Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.260. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.250 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a decent recovery wave if it stays above the $0.2250 zone. Dogecoin Price…
Crypto Markets Will Rally Once US Treasury Hits $850 Billion Goal: Analyst
Crypto markets will enter “up only” mode once the United States Treasury hits its target goal of filling the General Account (TGA), the Treasury Department’s bank account, with $850 billion, according to Arthur Hayes, co-founder of the BitMEX crypto exchange. “With this liquidity drain complete, up only can resume,” Hayes wrote on Friday as the US TGA’s opening balance crossed $807 billion. When the Treasury is filling its General Account, the funds are generally sequestered and do not flow into private markets. However, not all analysts were convinced by Hayes’…
XRP’s Classic Pattern Hints at Price Rally to as High as $15
Key takeaways: XRP (XRP) price was up 3% in the past 24 hours, and 17% higher than its Sept. 1 low of $2.69, to trade above $3 on Thursday. Market analysts said this positions XRP for further gains backed by several fundamental and technical factors. XRP price technical analysis puts $5-$15 in play XRP price action has painted bull flag patterns on the weekly time frame that could result in a massive breakout to as high as $15. The first is a smaller one that formed in mid-June and was resolved…
BNB Price Rally Nears $1,000 – Can Bulls Push Even Higher?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…