Generating

10000+ related results were found.   
Subscribe Query
Crypto News
Crypto News
Is It Too Late to Buy Bitcoin Cash? BCH Price Takes Off as New Bitcoin Protocol Raises $10.7 Million
13 days ago
Coinpedia
Coinpedia
followers

The post BCH Price Analysis: Bitcoin Cash Takes Off, Eyes 25% Rally! appeared first on Coinpedia Fintech News Bitcoin bounces strongly as the year comes to an end, resulting in a strong rally amongst its cousins like BSV and Bitcoin Cash. Rising in support of Bitcoin crossing the $43K mark, the BCH price shows a robust overnight rally and crosses the $250 psychological barrier.  Breaking beyond the overhead resistance trendline, Bitcoin Cash teases a fast-paced recovery rally to reach the psychological mark of $300. With a quick change in trend dynamics, the BCH price prediction teases a strong bullish ending to 2023. Source – Tradingview Bitcoin Cash overshadows the 161% YTD of Bitcoin with a minor lead as the BCH price grows by 185% this year and prolongs the uptrend with a recent breakout. As Bitcoin Cash bounces from the 23.60% trend-based Fibonacci level, the buyers plan to end the hibernation phase of the sideways trend.  With multiple lower price rejections and a double bottom forming at the 23.60% level, the bulls are presenting an entry opportunity for sideline traders. As the overnight jump of 15% in BCH price fractures the resistance trendline, the price analysis signals a triangle breakout. Further, the uptrend breaks the 38.20% Fibonacci level and teases a new high momentum rally.  Currently, the BCH price trades at $274.01 and prolongs the overnight rally with an intraday jump of 3.90%. Therefore, the growing momentum and the rising Bitcoin prices pan out a potentially bullish journey for Bitcoin Cash.  Technical indicators: DMI Indicator: The VI lines support the trend reversal and the breakout rally possibility with its recent crossover event. The positive alignment of the VI lines and the slowly rising ADX line ends the declining phase. Thus, the indicator signals a bullish trend in BCH price with growing momentum. Bollinger Bands: The rising trend in Bitcoin Cash challenges the overhead band. Further, the uptrend stretches the band longer to signal a bullish phase. With the Bollinger bands ending the compression phase, the buyers are back in the driving seat. Will BCH Price Reach $350? In light of the growing excitement in the cryptocurrency market regarding the potential approval of a Bitcoin Spot ETF, Bitcoin’s value is anticipated to climb significantly. Similarly, Bitcoin Cash (BCH), closely related to Bitcoin, is likely to see a rise in its price following the ETF’s approval.  Additionally, the bullish breakout from the triangle pattern further enhances the prospects of a favorable shift in trend. Consequently, if the BCH price surpasses the $300 barrier, then the breakout momentum could propel it toward the $350 level. Conversely, should there be a trend reversal, the value of Bitcoin Cash could potentially fall back to $250.

about 2 months ago
Crypto Expert BNB
Crypto Expert BNB
followers
        🚨LATEST UPDATE🚨 📌Cardano (ADA) Price Analysis: February 17, 2024 📌downward trend in the short term📉📉 🎯As of today, February 17, 2024, the price of ADA is $0.60, which is a 5.65% increase over the past 24 hours. However, it's important to consider various factors when analyzing its price: 📌Recent Price Action: ADA has been on a recent upswing, gaining over 9.5% in the past 7 days. However, it is currently experiencing some volatility, with a 1.20% decline today. 📌Technical Analysis:📎 📌Some technical indicators suggest a bullish trend, while others are neutral. 📌The Fear & Greed Index currently sits at 72 (Greed), indicating potential overconfidence in the market. 🛑Fundamental Analysis:🛑 Cardano is positioned as a third-generation blockchain with scalability and sustainability goals. 📌Upcoming events like the Bitcoin halving in April 2024 could potentially impact the broader crypto market and ADA's price. 📌There is no major news affecting ADA specifically at this moment. Price Predictions: Forecasts vary, but some suggest a slight downward trend in the short term, while others remain optimistic for the long term. ................,..................................... 🚀🚀if you want 3 usdt then open my first pinned post,click my profile pic to open and claim 3 usdt🛑🛑🛑🛑🛑 🛑Important to Remember:🛑 Cryptocurrency prices are highly volatile and can fluctuate rapidly. This analysis should not be considered financial advice. Do your own research before making any investment decisions. #Write2Earn   #WLD   #PIXEL   #TrendingTopic   #BCH/BUSD  
9 days ago
CaptainAltcoin
CaptainAltcoin
followers

Filecoin’s native token FIL has seen a remarkable rally over the past week, surging 40% to trade around $7.7. This comes after a prolonged bear market that saw FIL plunge from its all-time high of $191 in early 2021. According to popular crypto analyst Ali, Filecoin is trading within a parallel channel on its 3-day chart. He notes that if FIL can break through the key resistance at $8.50, it could start a major upside move. Specifically, Ali sees Filecoin potentially tripling in value to reach $25.5 if it can close above $8.50. Ali’s analysis suggests significant upside potential for Filecoin based on the parallel channel patterns on its technical chart, as seen on the chart above. As he highlights, FIL appears poised to break out from its current channel after bouncing off support. The upside target Ali identifies sits at $25.5 – the top boundary of the parallel channel located just above FIL’s trading range. On the 3-day chart, we can clearly see Filecoin consolidating within the lower parallel channel over the past few months. Now, with FIL pushing against stiff resistance at $8.50, Ali makes the case that a decisive break above this level could propel it towards the next channel at $25.5 – representing over a 200% rally from current levels. With buying momentum accelerating, traders seem to be anticipating this technical breakout fueling a new Filecoin bull run. The bullish technical setup is supported by positive momentum indicators. The MACD line is above the signal line and the RSI is above 55, suggesting buying momentum is accelerating. In terms of support and resistance zones, FIL has support around $5.00 and $4.20. On the upside, the first major resistance level sits at $8.00. Driving recent buying interest is Filecoin’s integration with Solana, which was announced by popular crypto influencer Altcoin Daily to his 1.5 million followers on X. By leveraging Filecoin’s decentralized storage capabilities, Solana can scale while maintaining security and decentralization. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – As Filecoin tweeted, “Solana is utilizing Filecoin to make its block history more accessible and usable for infrastructure providers, explorers, indexers, and anyone needing historical access.” This integration with the high-growth Solana ecosystem can significantly expand Filecoin’s use cases and adoption. With bullish technicals, strong fundamentals, and increasing developer activity, Filecoin seems poised for further upside. The key $8.50 resistance poses the next test – a decisive break above which could see FIL enter a new bull market. You may also be interested in: Top Analyst Says Bitcoin (BTC) at $30k is Now ‘Less Likely’ – But There’s a Catch Can Surging Shibarium Activity Push Shiba Inu ($SHIB) Price Past Crucial Barrier? 40x Seemingly Possible as ‘Under-Valued’ Kelexo (KLXO) Lending Phenomenon Secures More Solana (SOL) & Bitcoin Cash (BCH) Investment Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Filecoin (FIL) Eyes Tripling to $25 as Technicals Turn Bullish and Solana Partnership Catalyzes Growth appeared first on CaptainAltcoin.

6 days ago

Loading...