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CryptoNewsLand
CryptoNewsLand
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Renowned crypto market analyst reveals potential uptrend and investor optimism. VeChain’s break of structure signals a turnaround in market sentiment. Recent 41.56% surge supports VeChain’s bullish trend. Recent analysis by CryptoBusy suggests that VeChain (VET) is on the cusp of a bullish reversal, capturing the attention of investors. The technical chart, spanning from early 2021 to September 2025, reveals a notable shift in market dynamics, with VeChain transitioning from a downtrend to a potential uptrend. #VeChain $VET is at the start of an uptrend structure. LFG! pic.twitter.com/1tr6dS6o6y — CryptoBusy (@CryptoBusy) February 19, 2024 The analysis highlights a significant ‘Break of Structure’, where VeChain surpassed a crucial resistance level, indicating a possible reversal in market sentiment. The emergence of a new uptrend, characterized by higher lows, further strengthens the bullish case for VeChain. Key price levels, such as $0.04526, $0.03297, and $0.02519, play a crucial role in acting as potential support or resistance points in the future. VeChain’s current market data adds weight to the positive outlook. Despite a slight dip of -1.94% in the last 24 hours, the cryptocurrency experienced a notable surge of 41.56% over the past week, supporting the bullish trend suggested by the technical analysis. The combination of technical indicators and recent market performance paints an optimistic picture for VeChain. The break of structure and the formation of an uptrend signal a potential shift in investor sentiment, offering hope for those invested in VET. This transition in market trends indicates a more sustainable rise for VeChain, suggesting a steady climb rather than a temporary swing. Investors and market observers are advised to pay attention to unfolding patterns, including trend lines and distinct price markers, as they are key indicators shaping VeChain’s position in the cryptocurrency markets. These developments may signify the strength and potential longevity of VeChain’s upward momentum, warranting careful monitoring in the coming period. Read Also XRP: Analyst Forecasts Reversal Amid Optimistic Chart Signals What’s Driving VeChain’s Ambitious Climb Toward the $0.049 Challenge? VeChain Set to Soar: Predicted to Break Through $0.783 in 2024 Unlocking VeChain: Cryptocurrency Marvel Set to Surpass $12.12 – 2025 Awaits VeChain’s Rally Is Only Just the Beginning, Major News Expected The post VeChain Shows Signs of Bullish Reversal, Analysts Optimistic appeared first on Crypto News Land.

7 days ago
NewsBTC
NewsBTC
Cardano Poised For Massive Rally As Key Indicators Signal Bullish Reversal, ADA Surges 14%
8 days ago
Coinpedia
Coinpedia
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The post BNB Price Prediction: Binance Preps $400 Breakout, Eyes $440 Next Week appeared first on Coinpedia Fintech News Despite the Bitcoin price witnessing a lethargic movement above the $50,000 mark, the altcoins are taking a quick recovery sprint. With the BNB price skyrocketing with a high momentum post-retest reversal, Binance enters the list of top performers today.  With a $56 Billion market cap, Binance is finding its lost charm despite being at a discount of 45% from the all-time high of $690.93. Hence, with the ongoing reversal, the chances of a new all-time high are significantly improving.  So, Will the BNB Price Cross $700? Check out our Binance price prediction and find out how high the BNB price will go in 2024.  Binance Eyes $400 Breakout Source- Tradingview With the rising momentum and the successful retest of the $350 breakout, the BNB price displays a sharp V-shaped reversal. Further, the Binance price showcases a rounding bottom reversal with the neckline at $350. Hence, the successful retest marks a prominent breakout run, and the rise in trading volume supports the continuation of the uptrend. With the 7% jump overnight, the bullish engulfing candle comes as a strong entry candle with a high possibility of a $400 breakout. Currently, the BNB price trades at $379.8 with an intraday Doji candle in the making, representing a short pause before the trend continuation. Making the new 52-week high, the sentiments are extremely bullish for Binance in the crypto industry.  DMI Indicator: With bullish stride, the sharp increase in the ADX line represents a huge spike in trend momentum.  Will BNB Price Cross $700? With a 30% jump in the last  30 days, the BNB price showcases a prevailing bullish trend that is continuing and ready for a longer run. Further, the $350 retest jumps heads to challenge the $400 barrier with increased breakout chances. Hence, the possibility of a bull run to the $700 mark for a new all-time high for Binance is increasing day by day. On a shorter timeframe, the $440 will come as the initial resistance level above $400.

7 days ago
Coinpedia
Coinpedia
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The post PancakeSwap and Uniswap Price Prediction: Will DEX Tokens Surge To New Highs? appeared first on Coinpedia Fintech News With the altcoins’ rising rank and a boom in the market cap of major coins, the crypto industry is gaining momentum. Further, as the market approaches $2 Trillion cap, the DEX tokens are resurging back into momentum.  With PancakeSwap (CAKE) and Uniswap (UNI) showcasing a trend reversal, the buyers are going out of control. So, let’s have a closer look at their charts. Will the CAKE price cross $4? Will UNI continue the uptrend to $1 this year? Let’s find out more in the price analysis below.  Will the CAKE price resurge to $0.25?  With a bullish revival, the CAKE price bounces above the 50-day EMA with a boom in trading volume. Sustaining dominance over the 200-day EMA, the altcoin avoids the death cross.  Source: TradingView With the buyers reclaiming the 38.20% Fibonacci level, the CAKE price is ready to challenge the $3 mark. Despite the recent jump above 50D EMA, the consolidation move presents a delay in the breakout. The bullish break of the $2.80 or $3 mark will signal an entry opportunity for the sideline traders and a trend reversal. With the altcoin on the verge of a breakout and improving market sentiments, the CAKE price can result in a jump to the $4 mark in the coming weeks.  Is Uniswap Topping $10 Soon? With a bullish jump of 34%, the UNI price is challenging the overhead resistance at $7.80. The ongoing brawl at this supply zone marks the possibility of a double-top pattern for igniting a correction phase.  Source: TradingView Moreover, as per the trend-based Fibonacci levels, the Uniswap prices need to revert from the 38.20% fib level. In case of a reversal, the altcoin will mark a successful post-retest reversal and could find a surge in trading volume.  With a $4.45B market cap, Uniswap ranks 22nd in the list of biggest crypto. Trading at a low of 84% from its all-time high of $44.97, the potential is huge in case the altcoin reverses its long-term trend.  Therefore, if the UNI price breaks the $7.80 mark, the breakout run can reach the $10 mark. 

7 days ago
CryptoNewsLand
CryptoNewsLand
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ADA’s resilience at $0.60 signifies significant psychological and technical support, historically pivotal for buyers and sellers. The stability around $0.60 may precede a bullish leap to $0.66, driven by investor confidence and positive developments in the Cardano ecosystem. Failure to breach $0.66 could lead to consolidation or retracement, while a breach could propel ADA toward the $0.70 resistance level. Cardano’s (ADA) recent price movement has captured the attention of investors, with the cryptocurrency hovering around the critical $0.60 mark.  This level is not just a number; it represents a crucial juncture where both psychological and technical factors converge. Over time, $0.60 has proven to be a battleground where buyers and sellers contend fiercely, demonstrating its significance in the market dynamics of ADA. The current steadfastness of ADA around this threshold suggests a robust sentiment among investors, indicating a strong base of support for the cryptocurrency. This stability serves as a foundation for potential upward momentum, with the next target set at approximately $0.66. Achieving this milestone hinges on various factors, including increased investor confidence, positive developments within the Cardano ecosystem, and broader market trends favoring altcoins. However, the path to $0.66 is not without its challenges. While the support at $0.60 provides a safety net for ADA, it also contributes to a tightening price range between $0.60 and $0.66. This squeeze necessitates a significant influx of buying pressure to overcome the upper resistance. Failure to breach $0.66 could result in a period of consolidation or even a retracement for ADA. On the flip side, a decisive breach above $0.66 could pave the way for further gains, potentially towards the $0.70 region. Conversely, if ADA fails to maintain the $0.60 support level, it might face a bearish downturn, with potential fallbacks to lower support zones, such as $0.55 or $0.50. Read also: XRP’s Decisive Moment: Breaking $0.75 Barrier for Bullish Reversal Cardano’s Surging Rally: Will ADA Break the $0.5 Barrier? Cardano Holds Firm Amid Market Volatility: Key Insights XRP’s Resurgence: Top Analyst’s Insight Sparks Hope Can XRP Overcome the $1 Barrier and Target $15? A Close Look at Bent Fork B The post Cardano’s Crucial Battle: Will ADA Surge Past $0.60 Barrier? appeared first on Crypto News Land.

6 days ago
Cryptos Headlines
Cryptos Headlines
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Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com LUNC Price Analysis Hints Last Pullback Before a Leap to $0.00018 The overhead supply pressure may push the LUNC price for a pullback to $0.00011; should you enter this dip? Amid the waning bullish momentum, the crypto market is witnessing high volatility which triggered a consolidation phase in the majority of major coins. Thus, the Terra Classic price stalled its recovery at $0.000137 resistance, projecting an early sign of bearish reversal. Will the LUNC price $0.0001 loss again? Bullish Pattern Hints LUNC Price to Prolong Recovery  LUNC Price| Tradingview The LUNC coin picked up sufficient recovery momentum in February when the price rebounded from the bottom support of $0.0009185. The positive upswing surged the altcoin 53.6% in two weeks to hit a high of $0.000137. Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com This recovery backed by increasing volume and occasional pullback reflects sustainable growth. However, with the leading cryptocurrency Bitcoin struggling to surpass the $52000 barrier, the altcoins sparked a potential of a fresh correction trend. With an intraday 0.36% loss, the LUNC price showed a long rejection candle at the $0.000137 resistance. If the overhead supply pressure persists, the sellers may drive up to 18% correction to find suitable support at $0.000116. An analysis of the daily time frame chart, a potential way to develop a well-known reversal pattern called the inverted head and shoulder pattern. This chart setup represents a clear transition from a downturn to an uptrend pattern. Thus, if the broader trend remains bullish a retracement to $0.000122 or $0.00011 can offer a suitable pullback opportunity to potential traders. The buyers looking for a safe entry opportunity must wait for a breakout above this $0.000137 resistance to complete the chart formation. This potential breakout would intensify the buying momentum and may drive the prevailing recovery to $0.000184. Technical Indicator Average Directional Index: The ADX slope at 32% reflects the buyers may hit exhaustion soon and need a pullback to recuperate the bullish momentum.Exponential Moving Average: The daily EMAs(20, 50, 100, and 200) reflect the market sentiment is back on recovery sentiment. #Luna   #Terra   #LUNC   #USTC   #Bitcoin‬

7 days ago
CryptoNews
CryptoNews
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Ripple’s price stumbled 8% to a weekly low of $0.53 on Feb. 22 but curtailed selling pressure among traders signals widespread intent to hold out for a rebound phase.  The price of Ripple (XRP) soared to a February 2024 peak of $0.58 on Feb. 15, riding on bullish headwinds spread across the layer-1 crypto sector. As XRP price retreated below $0.55 this week, investors have increasingly refrained from selling rather than entering a large-scale sell-off. XRP bulls refrain from selling amid 8% retracement XRP’s price joined other top-ranked layer-1 coins at the forefront of the crypto market rally last week. Increased demand and positive sentiment surrounding layer-1 altcoins and a timely $120 million inflow from crypto whales were major rally drivers.  While XRP price lagged behind rival layer-1 coins like Avalanche (AVAX), Solana (SOL), and Ethereum (ETH), all of which scored double-digit gains, XRP’s 7.4% uptick was enough to propel it to a new monthly peak of $0.58 on Feb. 15.   After another brazen attempt at flipping $0.58 territory on Feb. 19, XRP price entered a sharp 8% pullback to a local low of $0.53 at press time on Feb. 22. On-chain data trends show that most current XRP holders have maintained a bullish outlook amid the price downtrend. The Santiment chart shows that XRP trading volume rose to $1.1 billion at the peak of last week’s rally of Feb. 15. As prices began to slide, XRP traders have increasingly dialed down their trading activity. Ripple (XRP) Daily Trading Volume vs. Price | Source: Santiment The chart above shows that XRP trading volume is down by $760 million compared to last week’s peak. At the time of writing on Feb. 22, only $357.9 million worth of trades were recorded in the last 24 hours.   XRP trading volume dropped 73.2% between Feb. 15 and Feb. 22. However, XRP price declined by only 8% during that period.  When trading volume declines faster compared to the pace of price decline, savvy investors see it as a sign of strong underlying confidence. It suggests that investors expect the current pullback to transition swiftly into a rebound phase.  Additionally, key fundamental factors, such as the overall altcoin market cap growth this week, with BTC and ETH both trading at historic peaks, also further reinforce the optimistic outlook for an imminent XRP price rebound. XRP price forecast: Bulls to defend $0.50 fiercely The curtailed selling pressure observed in the markets this week puts XRP in a prime position to avoid a further downswing below $0.50. However, the upper Bollinger band indicator shows that in the case of an early rebound, the bulls face initial resistance at the previous peak, around $0.58. If the bullish scenario is as predicted, XRP price could enter a major breakout towards $0.60. Ripple (XRP) Price Forecast, Feb. 22, 2024 | Source: TradingView Conversely, the bears could invalidate this optimistic price forecast if they force a reversal below the critical $0.50 area. As depicted by the lower Bollinger band indicator, the buy wall at $0.49 could offer considerable support in the short term.

6 days ago
Crypto Web3 Today
Crypto Web3 Today
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Tens of Millions of XRP Out of Binance and into Unknown. In a significant development within the crypto market, a notable transfer of XRP has occurred, with tens of millions of tokens moving from Binance, one of the largest crypto exchanges, to two undisclosed wallets, totaling $20.75 million. According to reports from Whale Alert, the first transfer saw 19.9 million XRP, valued at $10.75 million, sent to the address "rfQ9E." Subsequently, another 18.54 million XRP, equivalent to $10 million, was directed to the address "rarG6." While initially categorized as unknown, further analysis via BitHomp's explorer revealed that both recipient addresses were activated transfers from Binance. The extent of their affiliation with the exchange, however, remains uncertain. Each wallet now holds substantial XRP holdings, with 24.7 million and 24.5 million tokens, engaging in active transactions across various channels. Buy the dip? This transfer activity coincided with a decline in XRP's price, experiencing a nearly 4% drop and resulting in a red candle on its price chart. The reversal nullified gains made over the past week, bringing XRP's value down to $0.54 per token. Historically, exchange withdrawals are viewed as potentially bullish indicators, suggesting institutional accumulation or strategic buying during downturns. However, applying this interpretation to the current situation requires further investigation. Understanding the true nature of "rfQ9E" and "rarG6," along with analyzing their subsequent XRP transactions, is crucial to assess any potential bullish or bearish implications.

7 days ago
Coinpedia
Coinpedia
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The post Siacoin and Chiliz Price Prediction: Can Top Performers Prolong The Bull Run? appeared first on Coinpedia Fintech News Being the top performers, the Siacoin and Chiliz are reflecting a sudden surprise for holders with an overnight rally. Ranking the charts after a prompt bearish phase, the altcoins are capitalizing on the extra momentum in the market.  With Siacoin (SC) and Chiliz (CHZ) showcasing the extra fuel to prolong the newfound rally, let’s have a closer look at their charts. Will the SC price resurge to $0.25? Will CHZ continue the uptrend to $1 this year? Let’s find out more in the price analysis below.  Will the SC price resurge to $0.25?  With a bullish reversal in the last two weeks, the SC price presents an entry opportunity with the 23.60% Fib level breakout. Rising almost 90% in the last two weeks, the consecutive bullish engulfing candles in the weekly chart reflect strong demand. Source: TradingView With a $928 Million market cap, Siacoin ranks as the 78th biggest cryptocurrency and shows a 450% rise in trading volume. This supports the ongoing bull run and projects a potential trend continuation in the coming weeks.  Further, the rising trend brings a high likelihood of a 50 and 200-day EMA crossover for a golden crossover. This will signal a bullish trend reversal for Siacoin after years of cold winters. With the technical charts and market sentiments screaming a bull run, the SC price could top $0.25 in the coming months.  Is Chiliz Ready For A New 52W High? Being a top performer with the remarkably lower price rejection candle in the daily chart, the CHZ price seems unstoppable. However, the daily chart reflects a pivotal brawl happening at the overhead resistance trendline.  Source: TradingView With the ongoing bull run coming with a huge rise in trend momentum, the CHZ price reclaims the 61.80% trend-based Fib level at $0.12. Thus, the likelihood of a new high formation to break above the overhead trendline increases significantly.  With a $1.10B market cap, Chiliz is the 67th biggest crypto and is rising in rank quickly. Further, the spike in trading volume of 58% overnight supports the bullish surge, presenting a breakout opportunity. Considering the uptrend surpasses the trendline, the CHZ price can reach the $0.22 mark.

8 days ago
CRPTOHOLICS
CRPTOHOLICS
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🛑BTC LATEST UPDATE Today, Bitcoin ( $BTC ) experienced a surge to the 53K level, encountering liquidity absorption at this point. The current chart indicates the formation of a potential Double Top or M reversal pattern, with the neckline situated around 50.9K. A confirmed breach below this neckline could trigger a descent, potentially down to our second horizontal support at 48.5K. Notably, Bitcoin has faced persistent resistance at two key levels – the horizontal resistance at 52.4K and the ascending channel resistance ranging from 53.1K to 53.5K. Repeated rejections at the horizontal resistance have been observed. Should Bitcoin manage to overcome these resistance zones, the next target could extend to 60K. Conversely, a dip below the neckline may lead to a decline towards the 48.5K support. The overall bullish outlook remains intact as long as Bitcoin maintains trading above the third horizontal support at approximately 47K. As for future expectations, a patient approach is recommended, allowing the price action to guide decisions. Whether Bitcoin breaks above the horizontal resistance or drops below the neckline will determine the next market direction. It is advisable to refrain from taking long or short positions at this juncture, opting instead to observe the price movement. Considering the importance of corrections in sustaining upward trends, it's crucial to note the consistently high funding rates. This could signal an imminent correction for the upcoming upward trend, potentially occurring today or in the near future. For more updates and insights, consider joining and following our channel.🔥 #Write2Earn #TrendingTopic #BTC

7 days ago
CryptoNews
CryptoNews
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On Feb. 20, Solana TVL surpassed $2 billion for the first time in 2 years, and funds flowing in from Ethereum through the Wormhole bridge suggest more SOL price gains ahead.   SOL‘s price has lost steam after soaring to a new 2024 peak of $118.40 on Feb. 15. However, an on-chain data trail of funds inflows trickling down to Solana from the Ethereum (ETH) network this week could spark a SOL price rebound toward $150.   Solana price dips 12%, falling below market average  In the first half of February 2024, Solana was at the forefront of the crypto market rally, with SOL price soaring 26.8% and adding nearly $11 billion to its market capitalization. But that market trend flipped on Feb. 15 as investors began to take profits once the SOL price reached the 2024 peak of $118.  Solana (SOL) price performance vs. Total3 Altcoin Market Cap (Excluding BTC and ETH)  | Source: TradingView At press time on Feb. 21, Solana is trading at $103, down 12% from its Feb. 15 peaks.  Meanwhile, in contrast, the total altcoin market has grown by 5% during that period. Solana’s negative price performance seems driven by insiders and existing holders’ booking profits rather than macro factors.   Solana receives $25 million in inflows from Ethereum However, while some SOL traders are taking chips off the table, the Solana network has continued to make some giant strides this week, which could trigger an early price rebound.  In the past week, Solana has received significant inflows from Ethereum as investors increasingly look to leverage Solana’s more efficient and cost-effective defi services. Between Feb. 14 and Feb. 21, investors transferred funds worth over $24.6 million from Ethereum to Solana, per on-chain data from Wormhole bridge Explorer.  Fund Outflows Ethereum (ETH) to Solana (SOL), Feb. 13 – Feb. 21 | Source: Wormhole Bridge This indicates that Solana continues gaining traction among developers and defi users due to its high throughput and low transaction costs. Hence, this rising flow of funds bridged into Solana-hosted decentralized applications (dApps) is a bullish indicator of its growing adoption and utility. Solana defi TVL hits $2 billion milestone  Investors transferring funds worth over $24.6 million from Ethereum into the Solana ecosystem, despite the 12% decline in Solana’s price over the last seven days, shows an evident divergence between short-term price movements and long-term investor sentiment.  Solana (SOL) Total Value Locked (TVL) hits $2 billion, Feb. 21, 2024 | Source: DeFiLlama The latest wave of fund inflows has now propelled Total Value Locked (TVL) on the Solana network above the $2 billion milestone for the first time since June 2022.  This further underlines that the ongoing SOL price pullback is not driven by any discernible deterioration of Solana’s fundamental network growth metrics.  If the trends persist, the rising demand for Solana defi service could eventually evolve into market demand for native SOL tokens and ultimately trigger a bullish price reversal towards the $150 territory in the coming weeks.

7 days ago
Wise Analyze
Wise Analyze
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My forecast for #Bitcoin hunting stops above last week high worked out ✅ Price collected liquidity there and dumped back to 50788 - that move haven't cleared stops below last weekend swing low at 50647, and so I can't say it fully satisfied market hunger. So either plan stays the same and $BTC will continue hunting for liquidity on more dips, or somehow it gets back above ~52555 and we see more bullishness with a stretch to ~57k and maybe even cover weekly FVG around 61k. From same week point of view momentum is still bullish and no confirmation for reversal yet. So while 57k and 46k are approximately same 11% from current price, upper target has priorities due to the trend. If #BTC correction starts nearest zone of interest starts at 50-50.5k Feb open week candle body Fib from open to close levels for deep correction: 🔷 0.618 at 46113 - correlates with 2022 open at 46210 🔷 0.500 at 45437 - correlates with 11.01/08.02 highs at 45600 🔷 0.382 at 44760 - correlates with 2023 high at 44780 Nearest levels to watch PA: 🔸56975 - Nov'21 close 🔸53245 - Nov'21 low 🔸50413 - Monday NY session high 🔸49027 - January high 🔸48200 - 2022 high 🔸46210 - 2022 open Trend: 4H ▶️ D 🔼 W 🔼 M 🔼 🤑 F&G: 78 < 72 < 75 < 72 < 76

8 days ago
Cryptos Headlines
Cryptos Headlines
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The price of Terra Luna Classic (LUNC) suddenly fell to $0.00012 from a high of $0.00014, reflecting the ups and downs seen across the entire crypto market this week. Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On CryptosHeadlinesToken.com Terra Luna Classic (LUNC) saw a remarkable surge of over 415% in Q4 of last year, peaking at $0.00028 in December. However, this rally was followed by a steep correction, with LUNC dropping by 68% to $0.000087 in January 2024. Profit-taking and market sentiment drove this pullback. Yet, the first quarter has ushered in new market dynamics, notably with the introduction of the Bitcoin ETF. Terra Luna Classic (LUNC) Price Analysis Terra Luna Classic (LUNC) has closely followed the trends of Bitcoin and Ethereum in recent weeks, climbing to $0.00014 in February. However, like other assets, it is susceptible to corrections, currently stabilizing at $0.00012. Ranked 115th in the crypto market, LUNC is down 6.5% today, aligning with Bitcoin’s 2% drop to $51,134. Other altcoins like Solana, Cardano, and Chainlink have also seen declines of 7%, 4%, and 6.2%, respectively. Some observers note a decrease in LUNC’s trading volume to $56 million, suggesting waning interest among traders. However, this decline isn’t unique to Terra Luna Classic, as the total market has also dipped by 1.8% to $1.95 trillion. Traders are closely monitoring two key ranges on the chart: the green region, corresponding to the support of the up-trending channel, must be defended to enhance the likelihood of an immediate recovery. Cryptos Headlines Token Airdrop Is Live, Claim $50 Worth Of 5000 CHT Token Free On CryptosHeadlinesToken.com LUNC price chart | Tradingview Terra Luna Classic (LUNC) Technical Analysis and Market Outlook On the upside, the red-marked area indicates a stubborn short-term resistance level. The selling pressure intensified when LUNC reached $0.00014, prompting more traders to short the token or close their long positions, adding downward pressure. The failure to find relief at the middle boundary support of the channel led to an increase in sell orders. Additionally, the bearish crossover in the Moving Average Convergence Divergence (MACD) indicator suggests a challenging week ahead for LUNC. Short positions are likely to remain profitable until the green area support is reclaimed. Despite the current bearish sentiment, there is hope for an immediate rebound as Terra Luna Classic has previously been accepted back into the ascending channel. However, if losses extend beyond the green band, the 200-day Exponential Moving Average (EMA) at $0.000116 could become a crucial support level. Monitoring Bitcoin’s price movements is essential, particularly if it dips below $52,000. A swift recovery would indicate a stronger trend reversal towards $54,000, which could positively impact sentiment across the market. A bullish outcome for Bitcoin is expected to stabilize altcoins like LUNC as traders anticipate the next upward move. Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #Luna   #Terra   #Altcoin   #LUNC   #USTC

7 days ago
AlphaCryptoSignal
AlphaCryptoSignal
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$BTC Update On the chart, Liquidity Pool: Around 53K Ascending Channel Resistance: 53.1K - 53.5K Horizontal Resistance: Around 52.4K Double Top Neckline: Around 50.9K 1st Horizontal Support: 50K - 49.7K 2nd Horizontal Support: 48.8K - 48.4K 3rd Horizontal Support: Around 47K $BTC Update $BTC reached 53K today and absorbed liquidity around that level. Currently, it is forming a potential Double Top or M reversal pattern. The neckline for this pattern is around 50.9K. A confirmed break below the neckline could lead to a decline, possibly down to 48.5K, our second horizontal support. BTC has faced multiple rejections at the horizontal resistance, with two notable resistance zones: the horizontal resistance and the ascending channel resistance. The price has consistently been rejected at the horizontal resistance. If BTC successfully breaks these resistances, our next target could be as high as 60K. Conversely, if BTC falls below the neckline, a drop to 48.5K becomes a possibility. The overall bullish scenario holds as long as BTC continues to trade above the third horizontal support. What to expect next? Let the price action guide us. BTC must either break out above the horizontal resistance or fall below the neckline. Until then, it's prudent to observe the price action without taking any long or short positions. Remaining on the sidelines is a cautious approach. It's essential to remember that corrections are integral for upward movements. With funding rates consistently high lately, a correction for the next upward trend might be imminent, either today or in the near future. Join and Follow us for more.🔥 #Write2Earn #BTC #BTCUpdate #TrendingTopic

8 days ago
follow my profile
follow my profile
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LUNC Price Analysis Hints Last Pullback Before a Leap to $0.00018 !! #Write2Earn #PIXEL #TrendingTopic #WLD #FET Amid the waning bullish momentum, the crypto market is witnessing high volatility which triggered a consolidation phase in the majority of major coins. Thus, the Terra Classic price stalled its recovery at $0.000137 resistance, projecting an early sign of bearish reversal. Will the LUNC price $0.0001 loss again? The LUNC coin picked up sufficient recovery momentum in February when the price rebounded from the bottom support of $0.0009185. The positive upswing surged the altcoin 53.6% in two weeks to hit a high of $0.000137. This recovery backed by increasing volume and occasional pullback reflects sustainable growth. However, with the leading cryptocurrency Bitcoin struggling to surpass the $52000 barrier, the altcoins sparked a potential of a fresh correction trend.An analysis of the daily time frame chart, a potential way to develop a well-known reversal pattern called the inverted head and shoulder pattern. This chart setup represents a clear transition from a downturn to an uptrend pattern. Thus, if the broader trend remains bullish a retracement to $0.000122 or $0.00011 can offer a suitable pullback opportunity to potential traders. The buyers looking for a safe entry opportunity must wait for a breakout above this $0.000137 resistance to complete the chart formation. This potential breakout would intensify the buying momentum and may drive the prevailing recovery to $0.000184.

8 days ago
Coinpedia
Coinpedia
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The post Fetch.ai and Worldcoin Price Prediction: AI Coins Present Retest Entry For Wild Returns appeared first on Coinpedia Fintech News The Artificial Intelligence coins are making a comeback with a boom after the announcement of the text-to-video update by OpenAI. Skyrocketing the demand at an astronomical level, Fetch.ai and Worldcoin are making waves in the crypto world.  Further, the growing momentum in the altcoin market, the rising desperation and the confidence of old investors are fueling the bull run.  Following the remarkable jump last week, let’s check if the crypto AI coins have enough fuel to continue running this week.  So, let’s have a look at the FET and WLD price charts for a trend continuation.  Will Fetch.ai Price Jump 30% With This Retest? With a continuation of the bullish trend, the FET price dominates the $1 mark, accounting for 90% in the last two weeks. Further, the explosion in buying pressure reflected in the trading volume supports the possibility of an uptrend continuation.  Source: TradingView Rising into the Top 100 biggest crypto per market cap, Fetch.ai is closing to the $1 Billion mark, currently standing at $837 million. Fetch.ai offers a decentralized network that makes AI technology accessible to everyone.  Through a permissionless platform, users can easily connect and utilize secure datasets. Autonomous AI agents carry out tasks, leveraging a worldwide network of information, enabling seamless execution of complex functions. As per the trend-based Fibonacci levels, the uptrend is retesting the $1 breakout and may shortly prolong the prevailing uptrend. Further, with the potential $1.10 breakout, the AI-based altcoin can reach the $1.3161 mark.  Is Worldcoin Ready For A New All-time High? With more than double the growth of Fetch.ai, Worldcoin displays an astronomical jump of 204% in the last two weeks. With a basis point shy of $8, the WLD coin price reverts to retest the breakout of $6.23.  Accounting for an intense but comparatively shorter pullback of 12%, the WLD price forms a piercing bearish candle in the daily chart.  Source: TradingView In the weekly chart, however, the bullish dominance is undeniable and projects a potential trend continuation. Despite the higher price rejection in the weekly candle, the WLD coin is projecting a new breakout run in the coming weeks. Ranking at the 84th position with a $881 million market cap, the biggest AI coin is closing in on the $1 Billion market cap.  As per the technical analysis, Worldcoin can reach the $10 mark in the coming weeks. Further, the recent $6.2 retest will signal an entry spot to buy the dip. Upon the post-retest reversal, the path to $10 might be a comparatively quicker one. 

8 days ago
CaptainAltcoin
CaptainAltcoin
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XRP saw its price plummet after the lawsuit with the SEC. But after extensive sideways ranging, technical analysts have taken notice of early bullish signals emerging on the charts. With key resistance levels in play, the door may stand open for 24% near-term upside after crypto’s most prolonged consolidation period on record. Bounce at $0.54 Offers Clues to Range Break Ahead As analyst Cryptoes noted, throughout its multi-month consolidation phase, XRP has consistently bounced off support around $0.54. But with the long-standing ceiling at $0.578 still intact, prices remain stuck, bouncing between two technical barriers. Only a decisive daily close above $0.578 resistance would confirm XRP breaking from its ranged purgatory, according to Cryptoes. Until that final hurdle gets surpassed, bulls must continue playing defense around $0.54 support. 3 Years of Ranging Precedes Major Breakout X account 25hoursawake offers added context on the grueling sideways chop that XRP has contended with its earlier parabolic peak. After three painful years of directionless price action, he believes XRP may finally approach an inflection point. With range resistance wearing down through repeated tests, the coiled spring appears ready to unleash based on historically analogous setups. Still, a clear upside confirmation remains pending. 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 – Technicals Support Reversal Potential Offering an additional layer of insight, altFINS points to improving technicals on XRP’s price charts. XRP’s breakout from the confines of a multi-month downtrend channel signals a bullish trend change, according to their analytics. With price stability also reasserting itself above the key $0.54 support, the initial measured move upside target sits around $0.68 – representing 24% prospective gains from breakout confirmation. After crypto’s most grueling bear market on record, the conditions for volatile reversals may now come into focus. XRP has notably weathered immense selling pressure in the face of SEC litigation and delistings from major exchanges. Years of ranging later, the ultimate contrarian opportunity could emerge if range resistance finally falters for a new bull market. But XRP bulls still await definitive proof of that next breakout catalyst before calling an end to the long crypto winter. You may also be interested in: ‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH Japan’s Jasmycoin Price Soars Amid Whale Movements: Can JASMY Hit New ATH? Pay Attention To This Metric BlockDAG’s $2 Million Giveaway and 5000x ROIs Pull in Investors from ScapesMania and Solana Check NuggetRush ($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 Ripple (XRP) Flashes Signs of Life After Multi-Year Consolidation, Analysts Expect A Breakout To This Level appeared first on CaptainAltcoin.

8 days ago
Coinpedia
Coinpedia
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The post Solana Price Displays Bullish Reversal! Is A Breakout Rally Imminent For SOL Price? appeared first on Coinpedia Fintech News The crypto industry continues to trade positively by successfully recording the second consecutive green day of the month. Further, the Solana price has added approximately 3% within the past 24 hours, indicating a strong uptrend for the coin. The SOL coin price started the year positively by adding 17% to its portfolio within the first two days. Following this, the market experienced a trend reversal, resulting in the Solana price erasing all its gains from the pump, after which the price traded sideways for a while. TradingView: SOL/USDT As the market volatility grew, the bears overpowered the bulls and recorded a loss of 21.25% in just three days. However, the bulls quickly regained momentum, and the Solana price jumped over 17% in valuation. Following this, the Solana coin traded in a consolidated range between $90 and $108.18 for two weeks. The bulls struggled to hold the price above the support level, resulting in a price breakdown. The SOL coin price recorded a correction of over 14.5% within the next two days. After testing its crucial support level of $80.19, the bulls regained momentum, and the altcoin constantly traded in a rising pattern and added approximately 30% by the month-end. Since then, the price has been constantly trading in a consolidated range between $90 and $108.18 and is on the path to testing its resistance level, the outcome of which is unpredictable. Will Solana Go Up Again? The MACD records a constant green histogram, indicating a bullish influence in the crypto market. Moreover, the averages show a steady rise, suggesting the SOL price will continue gaining value in the coming time. If the market continues to gain momentum, the bulls will run to test its resistance level of $108.18 over the weekend. Further, if the bulls continue to hold power over the bears, the SOL price will continue to rise and prepare to test its upper resistance level of $117 in the upcoming weeks. Conversely, if a trend reversal occurs, the Solana token will lose momentum and fall to test its support level of $100 by the week ahead. Moreover, if the bears continue to dominate the market, it will lose its $100 mark and prepare to test its lower support level of $ 90 in the coming days.

19 days ago
Coinpedia
Coinpedia
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The post XRP Price At Risk Of A Major Breakdown! Will It Drop Below $0.5 Soon? appeared first on Coinpedia Fintech News Despite the crypto market constantly treading under a significant bullish sentiment, the XRP token has recorded a correction of approximately 2% in valuation within the past 24 hours, indicating a bearish sentiment for this altcoin in the market. However, the XRP price has added 6% over the past week, highlighting a positive uptrend from the long-term perspective. With the current market sentiments, investors are concerned that Will XRP price reach $1 this year? Ripple’s XRP Token Fails To Test Its Upper Level! The XRP coin price displayed a neutral trend by trading between $0.5141 and $0.5385 for a brief period. As the volatility increased, the Ripple token displayed a jump of 5.86% on the 14th. After this, the price faced rejection at $0.5558, following which it traded sideways for a while. The XRP bulls displayed a neutral trend for a while, after which the bulls regained momentum and jumped approximately 7% in valuation. TradingView: XRP/USDT After facing rejection at $0.580, the price started trading under a bearish influence and erased all its gains from the pump. Recently, the bulls attempted a breakout, but the altcoin faced rejection at $0.5691 and since then it has been trading in a closed range. Currently, the XRP price is on the verge of testing its support level, the outcome of which is unpredictable. Positively, the Cross EMA 50-day acts as a support to the price, indicating a high possibility of a trend reversal in the coming time. Will XRP Price Increase? The technical indicator, RSI, displays a constant decline in the chart with its average recording a neutral trend, highlighting a bearish influence in the crypto space. If the market holds the price above the support level of $0.5558, the bulls will attempt a retest to its upper resistance level of $0.5836 this month. However, a rise in the bearish sentiment could lead the price to test its lower limit of $0.5385 in the upcoming time.

8 days ago

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