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Showing posts with the label bullish trend

Dogecoin Remains In The Green As This Historic Indicator Still Points To Gains

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Why The Bitcoin Price Could See Another 70%-170% Jump From Here

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin Is Still in a Strong Bullish Trend Despite Losing Major Support Level, Says Trader – Here’s His Outlook

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A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) amid a recent correction. The trader pseudonymously known as Sherpa tells his 246,700 followers on the social media platform X that Bitcoin is still in a “strong bullish trend” despite breaking below the $106,000 support level. According to the widely followed analyst and trader, Bitcoin is primed to “bounce” as there is strong support at around the $104,000 price level. Source: Altcoin Sherpa/X Based on Sherpa’s chart on the four-hour time frame, Bitcoin could fall lower to just above $103,000 and then trade sideways for a while in a consolidation zone. “Things look okay for now, I would expect more pokes around this area but the longer the time spent here, the better in my opinion. You want to see a good low form.” Source: Altcoin Sherpa/X Bitcoin is trading at $105,841 at time of writing. Turning to Popcat (POPCAT), Sherpa says the memecoin built in the Sola...

Here’s how much Bitcoin BlackRock quietly scooped for its ETF

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Summary ⚈ BlackRock added 41,452 BTC worth $3.92 billion to its iShares Bitcoin Trust ETF. ⚈ Bitcoin’s network activity hit a six-month high with rising investor engagement indicators. ⚈ Standard Chartered predicts BTC could reach $200,000 by year-end amid bullish sentiment. The world’s largest asset manager, BlackRock, has added more than 40,000 Bitcoins (BTC) to its BTC exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT). More exactly, the multinational investment company has bought 41,452 BTC, worth roughly $3.92 billion, per findings from crypto on-chain analytics platform Lookonchain shared through a May 6 X post. BlackRock(iShares Bitcoin Trust ETF) has bought 41,452 $BTC($3.92B) over the past 2 weeks, bringing its total holdings to 614,639 $BTC ($58.07B).https://t.co/kqNUqHAL3P pic.twitter.com/KDfMIAVlRJ — Lookonchain (@lookonchain) May 6, 2025 BlackRock’s purchases have established a strong level of institutional demand at sub-$...

Sonic Price Prediction: S Soars 16% As Experts Say This Solana Layer 2 Presale Might 100X

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The Sonic price pumped over 16% in the last 24 hours to trade at $0.7784 as of 6:15 a.m. EST as investors rush to buy the altcoin. The S price has been in a positive trend over the past 7 days, with the recent increase pushing the altcoin’s total weekly gain to more than 33%. Sonic Price Attempting To Break Above Resistance 4-hour chart for S/USDT (Source: TradingView ) The Sonic price is attempting to overcome the resistance at $0.7894. Should the altcoin overcome this technical barrier in the next 12 hours, the crypto’s ascent will likely continue, with the $0.8762 resistance the next target in this bullish scenario. However, a sudden selloff due to profit taking or just a bearish change in trend could lead to a test of the closest support level at $0.6985. If sellers keep exerting pressure on the Sonic price should it drop to this level, the crypto could be at risk of falling to as low as $0.5735 in the short term. Technicals Suggest The Sonic Price Could Keep Cl...

Toshi Price Prediction: TOSHI Soars 72%, But Traders Rush To Buy This Rival Meme Coin With Only 1 Day Left

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The Toshi price soared 72% in the last 24 hours to trade at $0.0011204 as of 8:44 p.m. EST on trading volume that skyrocketed 264% to $744 million. Toshi Price On A Sustained Bullish Trend The TOSHI price Analysis on the 4-hour timeframe showed an extended period of sideways consolidation between $0.00031 and $0.0004828. This range acted as an accumulation zone, as the price of Toshi action remained flat while volume steadily increased. A decisive breakout above $0.00050 occurred recently, triggering strong bullish momentum that propelled the price to 0.001200 and beyond, forming a parabolic curve. The Toshi price now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which now act as the immediate support levels in case of a pullback. The RSI is currently at 71.13, entering the overbought zone (above 70). While this reflects strong bullish momentum, it also signals that a short-term correction or consolidation may occur to alleviate overbought conditio...

Litecoin Price Prediction: LTC Pumps 17% As Canary Capital Files Updated S-1 for Litecoin ETF Approval, And This Might Be the Next Crypto to Explode

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The Litecoin price jumped 17% in the last 24 hours to trade at $120.33 as of 02:19 a.m. EST on trading volume that skyrocketed 298% to $1.6 billion.   This comes as Canary Capital submitted an amended S-1 filing for the Litecoin ETF (exchange-traded fund). The move could make Litecoin the next cryptocurrency to get the green light in the U.S for a crypto ETF, after Bitcoin and Ethereum. The filing by Canary Capital is also seen as evidence that the SEC is considering the approval of Litecoin ETFs. We had heard chatter that the Litecoin S-1 had gotten comments back from SEC. This looks to confirm that which bodes well for our prediction that Litecoin is most likely to be the next coin approved. All that said, new SEC chair has yet to start and that's a huge variable. https://t.co/cKFswPwcr0 — Eric Balchunas (@EricBalchunas) January 15, 2025 Litecoin Price Trend On A Breakout The LTC price chart Analysis on the daily timeframe exhibits a mixed trend, with recent ...

Fartcoin Price Prediction: FARTCOIN Plummets 17% As This New PEPE Rival Raises More Than $45M In Presale

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The Fartcoin price plunged 17% in the last 24 hours to trade at $0.8759 as of 10:02 p.m. EST as investors offload their holdings in the meme coin on the market. This drop in the FARTCOIN price is a continuation of the crypto’s negative movement in the last week. Following the latest correction, the altcoin is now over 32% in the red on the 7-day time frame. Fartcoin Price Trying To Reverse Its Negative Trend 4-hour chart for FARTCOIN/USD (Source: GeckoTerminal ) The Fartcoin price has been in a negative trend over the last few days, printing multiple lower lows and lower highs during this period. Recently, however, the meme coin rebounded from the $0.7180 support level and is attempting to break above the $0.8896 resistance. Should the crypto manage to overcome this mark, it might be able to reverse its bearish trend. Clearing the $0.8896 barrier could give the Fartcoin price the room needed to rise to the next major mark at $1.0243. If the bullish pressure persists, the me...

Is It Too Late To Buy KEKIUS? Kekius Maximus Price Surges 493% And This Might Be The Next Crypto To Explode

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The Kekius Maximus price surged 493% in the past 24 hours to trade at $0.0689 as of 02:46 a.m. EST on trading volume that skyrocketed 1,035% to $50 million, according to CoinGecko.  Kekius Maximus Price On A Bullish Rally The Kekius Maximus price on the 1-hour timeframe exhibits a period of gradual accumulation followed by an explosive parabolic breakout. For several days, the price remained relatively flat within the $0.0095 range, showing modest upward movement above the 200-day Simple Moving Average (SMA), indicating a slow but steady bullish trend, according to data from GeckoTerminal . This culminated in a sharp breakout, pushing the price of Kekius Maximus to a peak of approximately $0.118, which represents a substantial increase in a short period. However, such a sudden spike is typically unsustainable, as shown by the steep retracement that followed, bringing the price down to $0.0689, shedding nearly 40% from its peak. The 50-day SMA is positioned at $0.0177, this sho...

Virtuals Protocol Price Prediction: VIRTUAL Soars 27% As This People’s Meme Coin ICO Offers Last Chance To Buy

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The Virtuals Protocol price soared 27% in the last 24 hours to trade at $3.06 as of 11:40 p.m. EST on trading volume that skyrocketed 119% to $498 million. Virtuals Protocol Price On A Bullish Trend The VIRTUAL/USD chart on the 4-hour timeframe reveals that the Virtuals Protocol price is in a predominantly bullish trend, supported by a strong sequence of higher highs and higher lows. Recently, a double-bottom pattern—a classic bullish reversal formation—has been identified near the $2.50 level. This pattern signals a shift from bearish to bullish momentum, according to GeckoTerminal data. Following the breakout from the double-bottom neckline, the VIRTUAL price surged above the 50-day Simple Moving Average (SMA) and is now trading well above the 200-day SMA, reflecting strong upward momentum. Additionally, the sustained increase in volume during the breakout validates the bullish reversal. Notably, the price of Virtuals Protocol has retested the breakout level, confir...

Next Cryptocurrency to Explode, 13 December — Core DAO, DeepBook Protocol, Ethereum Name Service, Maker

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The altcoin market looks promising, and many altcoins are recording gains. Furthermore, the market seems bullish, so investors and analysts are optimistic. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend. Prices of various altcoins are already showing positive movements, even before the market takes off entirely. Today’s article will identify the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Savvy investors anticipate a boom in the altcoin market and taking positions in upcoming tokens like the Crypto All-Stars. The project aims to revolutionise the meme coin space with its groundbreaking MemeVault Ecosystem. This post covers the details of its presale. 1. Core DAO (CORE) Core (CORE) has recently shifted from a bearish sentiment to a promising bullish trend, capturing investors’ attention. This momentum highlights the importance o...