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Showing posts with the label bullish

Expert sets XRP’s next bullish stop after clearing $2.30 resistance

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XRP is currently in breakout mode, having successfully established support above the $2.30 level.  Amid this renewed momentum, a cryptocurrency trading analyst believes the bullish momentum is likely to continue.   At the time of writing, XRP was trading at $2.38, representing a 4.1% increase over the last 24 hours. On the weekly timeframe, the token has gained more than 7%.   XRP seven-day price chart. Source: Finbold According to an Analysis by Ali Martinez, XRP may find further upside above the $2.50 level, as the asset has broken out of an inverse head-and-shoulders pattern on the four-hour chart, he said in an X post on July 9.  XRP price analysis chart. Source: TradingView The pattern, which had been forming since mid-June, culminated in a breakout above the $2.30 neckline. This move sets the stage for a potential rally toward $2.60, based on Fibonacci extension levels.  However, the path towards this level is no...

Key Fractal From 2023 Says Bitcoin Price Is Still Bullish, But A Crash To $90,000 Could Be Coming

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Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

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Cardano Surge To $1.17 Triggers Overbought Warnings: Time To Sell?

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Hedera HBAR Volume Surges Past $650M: Can it Reach $10

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Hedera Hashgraph (HBAR) is on a bullish streak, surging 14.6% over the last week. Its trading volume was up 50% on Friday, past $650M, with whales and normal investors swooping in to buy. Currently trading around $0.25, the $1 mark appears very likely to come soon for HBAR. Beyond that though, some analysts are especially bullish, projecting $2, $5 and even $10 in the future. Hedera’s cryptocurrency has held strong against broader economic pressures. US President Trump’s “tariff war” and NATO tensions have affected both the stock and crypto markets. Despite those external issues, HBAR has been a top performer, even outpacing Ripple XRP in the past week. Its potential is most apparent with the breakout of a falling wedge pattern that has been forming since mid-December. Price data from Binance reveals a potential surge pattern coming for Hedera HBAR. The altcoin is on a resurging path, and could be laying down the groundwork for breaching $1 for the first time. While $10 is in the ...

DeepSeek AI Price Prediction: DEEPSEEK Plunges 76% As OpenAI Identifies Possible China IP Breach, While This AI Agent Crypto Presale Goes Parabolic

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The DeepSeek AI price plunged 76% in the last 24 hours to trade at $0.000000000004663 as of 02:46 a.m. EST on trading volume that surged to $906K. This drop in the DEEPSEEK price comes as OpenAI says that it has found evidence that Chinese artificial intelligence (AI) start-up DeepSeek used the US company’s proprietary models to train its open-source competitor.  This has intensified concerns over a potential breach of intellectual property. 👀 DAVID SACKS: “There is substantial evidence that what DeepSeek did here is they distilled the knowledge out of OpenAI’s models, and I don’t think OpenAI is very happy about this.” pic.twitter.com/IYXKwBbUh1 — Chief Nerd (@TheChiefNerd) January 29, 2025 DeepSeek AI Price Eyes Potential Breakout On the 15-minute chart, the DeepSeek AI price initially saw a strong bullish surge before entering a consolidation phase and subsequent downtrend likely due to the allegations from Open AI.  Duri...

Ripple XRP: Will XRP Hit $10 in 2025?

Ripple XRP is one of the hottest cryptocurrencies on the market kicking off 2025. The altcoin has plenty of momentum after a consolidation phase ended its 2024. XRP is also approaching the 7-year anniversary of its ATH price mark of $3.84. It is down over 30% from that mark, however, experts expect a new all-time high for XRP to come in 2025. One price prediction in particular stands out as the most bullish for Ripple’s cryptocurrency amongst the rest. A surge in transactional activity has bolstered optimism among new investors. One Analysis in particular suggests that after this period of consolidation, XRP could reach as high as $10 in 2025. According to CoinTelegraph Analysis , XRP’s price will be closely tied to its ability to hold key support levels. If XRP can maintain its position above $2.2, it may rally toward $2.50 or higher, potentially $10 in the coming year. Is Ripple XRP to $10 Reasonable? While this price prediction for XRP sounds very intriguing, it is indeed ver...

Hedera Price Prediction for Today, December 29 – HBAR Technical Analysis

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The Hedera price prediction shows that HBAR is likely to cross above the 9-day and 21-day moving averages once the buyers resume to the market. Hedera Prediction Data: Hedera price now – $0.280 Hedera market cap – $10.69 billion Hedera circulating supply – 38.25 billion Hedera total supply – 50 billion Hedera Coinmarketcap ranking – #17 Getting in early on crypto projects often proves to be a winning strategy, and Hedera (HBAR) is a prime example. Over the past 24 hours, HBAR has traded between $0.2797 and $0.3019, staying active in the market. Although it’s currently below its all-time high of $0.5701 from September 16, 2021, the token has experienced an astonishing growth of +2709.74% from its all-time low of $0.01001, recorded on January 2, 2020. This remarkable rise highlights the potential rewards for those who recognized HBAR’s promise early on, solidifying its place as a standout performer in the crypto space. HBAR/USD Market K...

Is It Too Late To Buy FWOG? Fwog Takes Soars 98,718% In A Week And This Might Be The Next Crypto To Explode

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The Fwog Takes price soared 98,718% in the last week and 40% in the past 24 hours to trade at $0.004852 as of 06:08 a.m. EST on trading volume that surged 17% to $3.07 million, according to CoinGecko.  Fwog Takes Price On A Sustained Bullish Rally The Fwog Takes price is consistently forming higher highs and higher lows, bouncing within the rising channel’s upper and lower boundaries. The current price of $0.004852 is testing the channel’s upper boundary, which could act as resistance, as data from GeckoTerminal shows. A breakout above the upper boundary would signal strong bullish momentum, while a rejection could lead to a pullback toward the midline or the lower boundary of the channel. The price of Fwog Takes is trading significantly above the 50-day Simple Moving Average (SMA at $0.002974, indicating strong bullish momentum. This SMA is acting as dynamic support, and a pullback to this level could offer potential support for the trend to resume. The Relative...

Justin Sun complaint leads to CoinDesk removing banana article

An article on Justin Sun’s “ridiculous” banana-buying stunt published by CoinDesk was taken down by the crypto news outlet after Sun complained about the tone of the piece.  Fortune reports that an objection from Sun’s team prompted an intervention from CoinDesk’s owner, crypto exchange Bullish.  Bullish removed the December 2 opinion article titled “I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It.” A number of CoinDesk journalists subsequently attempted to get it reuploaded — while highlighting the need for editorial independence — at a meeting with Bullish CEO Tom Farley and CoinDesk CEO Sara Stratoberdha. While the article is viewable on Yahoo, it’s currently not on the CoinDesk website .  Coinbase takes aim at Justin Sun in WBTC lawsuit response Read more: Justin Sun directed wash trading scheme from his US apartment, SEC claims It was written by Callan Quinn and details his...

Analyst Sees Avalanche (AVAX) Printing Bullish Technical Pattern, Updates Outlook on Polkadot and Dogecoin

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A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November. “Avalanche performed a historically bullish monthly close above the light blue level of $38.57. Any dips [below $38.57] in the future would be a retest attempt, in a very similar fashion to the retests from Sept 2021 and March 2024 (green/orange circles).” Source: Rekt Capital/X Based on the trader’s chart, he seems to suggest that AVAX tends to rally after retesting $38.57 as support. Avalanche is trading at $51.14 at time of writing, up over 12% in the past day. Next up is Polkadot. The widely followed analyst says the 17th-largest crypto asset by market cap also recorded a “bullish monthly close” to ...

Is It Too Late To Buy ACT? Act I : The AI Prophecy Price Soars 28% And This Might Be The Next Crypto To Explode

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The Act I: The AI Prophecy price has soared 28% in the last 24 hours to trade at $0.02088 as of 3:30 a.m. EST on a 35% surge  in trading volume to $27 million. Act I: The AI Prophecy Price Double-Bottom Pattern Signal Potential Uptrend The ACT/USD price action on the 4-hour timeframe shows potential for a bullish reversal, with the current price trading around $0.02002. The chart shows a strong support zone, marked as a “Double Bottom” pattern, around the $0.018–$0.020 level. This area has acted as a base for buyers, preventing further declines and potentially signaling a trend reversal. The double-bottom formation is typically a bullish pattern, suggesting that the price may start to climb if it continues to respect this support level. ACTUSD Analysis . Source: Dextools.io The 50-period moving average (blue line) is currently positioned around $0.0266, above the current price. This moving average serves as an initial resistance level that the price ...