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Showing posts with the label trend

Altseason incoming? Ethereum reclaims key trend line against Bitcoin

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Ethereum (ETH) has shown significant strength against Bitcoin (BTC), reclaiming a key trend line and sparking discussions of a potential altseason. The cryptocurrency has outperformed BTC since mid-May, driven by the anticipation of spot Ether exchange-traded funds (ETFs) in the United States. Ethereum’s price saw a significant surge following the announcement of the approval for the Ethereum Spot ETF. The ETH to BTC ratio currently stands at 0.056, indicating a significant increase for Ethereum.  Picks for you Crypto trader turns $12,300 into $1.72 million in 4 days 44 mins ago Expert sets Dogecoin price for this market cycle, expects ‘massive breakout’ 1 hour ago ...

Top Analyst Says Uptrend Just Beginning for Solana Rival, Predicts Rally for Two Additional Altcoins

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A top analyst believes that one Solana (SOL) challenger that’s trading under the radar is in the early stages of an up trend . Pseudonymous analyst The Flow Horse tells his 188,000 followers on the social media platform X that layer-1 blockchain Sui (SUI) appears to have ended its down trend after breaking out from a rounding bottom reversal pattern. “This SUI trend looks like it is just beginning. Anything that has come out in the last six months and rounded out while retaking key volume levels is on my list of things to be aggressive about.” Source: The Flow Horse/X At time of writing, SUI is trading at $0.65, down nearly 3% in the last 24 hours. Next up is the smart contract platform Solana itself, which the trader says looks bullish after market participants showed up to accumulate the dip when it dropped to a weekly low of $52.21. “So SOL is definitely going higher. This is a very bullish correction and the spot market is just b...

Quant Is In An Uptrend And Targets The High Of $92

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Oct 23, 2023 at 08:26 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report, the price of Quant (QNT) is rising from the bottom of the chart after breaking the 21-day barrier line of SMA. Quant long term price forecast: bearish The crypto asset is now trading above the 21-day simple moving average, but below the 50-day simple average. At the time of writing, the altcoin had reached a high of $89. If the bulls break the 50-day line SMA and the resistance at $94, QNT will resume its up trend . The altcoin will reach a high of $114. Howeve...

Solana Trades Above $18 As Sellers Signal A Return To The Downtrend

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Mar 13, 2023 at 08:13 // Price Author Coin Idol Solana (SOL) is trading at a high of $18.84. The cryptocurrency value is rising again as it leaves the negative trend area. Solana price long term forecast: bearish The cryptocurrency price will cross the moving average lines and the $20 resistance level if the bullish momentum continues. The recent price rally becomes conceivable if the down trend reaches the historically significant price level of November 10, 2022. The historical price level is the current support level when the altcoin rises again....