Ethereum Rebounds From Bull Market Support: Can It Conquer The ‘Golden Pocket...
Ethereum is showing renewed strength after rebounding from its Bull Market Support Band, a key zone that has historically served as a launchpad for major uptrends. The bounce signals a possible shift in momentum, but the real test now lies ahead. With the price approaching the crucial golden pocket resistance, a breakthrough is likely to confirm a sustained bullish phase. ETH Bounces Back From Weekly Bull Market Support Band In his recent update on ETH, Luca, a crypto analyst on X, noted that the asset has once again found solid footing at a familiar support area. According to Luca, the....
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The entire crypto market has been riddled with a notable decline in the past 24 hours, led by Bitcoin’s break below the $100,000 price level again. Dogecoin wasn’t left out of this decline, which saw its price crashing by almost 15% and eventually reaching below $0.31. However, technical analysis suggests that this price decline is very natural in Dogecoin’s current trajectory. This technical analysis offers a silver lining for Dogecoin enthusiasts, as it frames the pullback as a natural phenomenon within the broader ongoing bull cycle. Weekly Golden Cross And Its....
SuperBullsNFT announces the winning bid for their first NFT. The first NFT, the Golden Bull sold for 444,444 XDC. The winner also got a Tag Heuer watch signed by Max Verstappen along with a digital frame of the Golden Bull NFT. The XinFin XDC network has very well established itself as a single blockchain platform enabling various blockchain services as a one-stop-shop. Accordingly, it further expands itself into the Non-Fungible Token (NFT) sector by establishing a new project launched recently upon its network. The recently launched SuperBullsNFT works on the XDC blockchain network, with....
The Bitcoin price has just printed a rare Golden Cross on the weekly chart — a technical signal that historically appears once every market cycle. This Golden Cross has previously preceded some of Bitcoin’s most explosive bull runs, and analysts are eyeing its return as a sign that the next bullish leg up could be near. A Golden Cross occurs when a shorter-term Moving Average (MA), usually the 50-week MA, crosses above a longer-term one, like the 20-week MA. In the crypto world, this technical formation is perceived as a significantly bullish indicator that often leads to a long-term trend....
Bitcoin price is attempting to get back above $40,000, and with that milestone out of the way, $50,000 and $60,000 next stand in the way between it and another new all-time high. Although things have taken a bearish turn over the last quarter, the next two quarters in Bitcoin could end up being the most profitable yet, if a recurring theme involving a hammer reversal and the golden ratio results in a similar conclusion. Here’s a closer look at the chart and what it could suggest happens from here across the crypto market. The Recurring Hammer Reversal With Golden Results Bitcoin is....
In his latest livestream, crypto chartist Kevin drilled down on Dogecoin’s price action, stressing both caution and optimism for the popular meme coin. Speaking to his YouTube audience, Kevin acknowledged Dogecoin’s history of dramatic price swings yet underlined that critical technical levels could spark the next substantial move. When Will Dogecoin’s Next Big Move Be? Kevin noted Dogecoin’s pattern of large retracements followed by new highs in previous bull markets. “Look at these moves, right? Every single pullback that Dogecoin got in the previous bull market—56%, 57%, 53%—all....