[ad_1] SUI impressive bullish momentum appears to be losing steam as technical indicators point toward a potential cooldown, with the Relative Strength Index (RSI) signaling overbought conditions, raising concerns about the sustainability of the recent rally. The $1.4 level is now in focus, as this cooling strength suggests that a pullback could be on the cards, offering a critical moment for SUI as it navigates through growing market pressure. Will the bulls hold their ground, or is a correction set to unfold? This article aims to analyze SUI’s recent price action in light of technical indicators, particularly the RSI, which…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. The Fed rate cuts have boosted the confidence of Bitcoin investors, with whales buying up to 1.6 billion BTC since the macro decision. With such a bullish outlook, there is the possibility that the flagship crypto can soon reach $70,000. Fed Rate Cuts Prompt Buying Spree Among Bitcoin Whales The Fed rate cuts have prompted a buying spree among Bitcoin whales. These investors bought over 1.6 billion worth of Bitcoin following the macro decision on September 18. Data from the market intelligence platform IntoTheBlock shows that these whales have bought 25,510 BTC…
[ad_1] An XRP wallet which likely belongs to Chris Larsen, one of the largest holders of XRP, has made another notable transaction in what looks like a preparation for a selloff. The transaction, which took place within the last 48 hours, triggered a series of subsequent transfers in the past 24 hours, ultimately connecting with the crypto exchange Binance. Notably, the transaction in question involved the movement of 20 million XRP tokens from a wallet linked to Chris Larsen into a private wallet linked with selloffs to Binance. Examining The Series Of Transactions For context, one of the wallets belonging…
[ad_1] Crypto analyst Ali Martinez says that the time for altcoins to outperform Bitcoin (BTC) is fast approaching, with Dogecoin (DOGE) perhaps set to benefit. Martinez tells his 71,900 followers on the social media platform X that Bitcoin dominance – which tracks the market cap of BTC versus the rest of crypto assets – is currently nearing the end of a rising wedge, traditionally viewed as a bearish setup if price breaks below the support line. Simultaneously, Martinez says the OTHERS chart – which tracks all crypto assets excluding stablecoins and the top 10 coins – is breaking out of a…
[ad_1] Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory landscape. Join this insightful session for a forward-looking perspective…
[ad_1] US Vice President Kamala Harris, who is running to be the next US President, mentioned cryptocurrencies for the first time in public during a Wall Street fundraiser. She vowed to encourage investment in “digital assets” along with other modern technologies like artificial intelligence (AI), according to a Bloomberg report.Harris on Crypto“We will partner together to invest in America’s competitiveness, to invest in America’s future,” Harris said. “We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors.”“We will create a safe business environment with consistent and transparent rules of the road. We will invest…
[ad_1] XRP price is attempting an upside break above $0.600. The price is showing positive signs, but a weekly close above $0.600 is needed for a fresh surge. XRP price started another increase toward the $0.6050 zone. The price is now trading above $0.5880 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.590 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5950 and $0.600 resistance levels. XRP Price Could Gain Bullish Momentum XRP price remained…
[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…
[ad_1] Este artículo también está disponible en español. Ethereum price started a fresh upward move above the $2,500 resistance. ETH is now gaining pace above $2,600 and might continue to rise. Ethereum started another increase from the $2,400 resistance. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,650 resistance to continue higher in the near term. Ethereum Price Climbs Over 5% Ethereum price remained well-supported and extended its increase,…
[ad_1] Bitcoin price gained pace above the $62,500 resistance. BTC even cleared the $63,200 level and is now consolidating gains above $63,500. Bitcoin is gaining pace above the $63,200 resistance zone. The price is trading above $63,400 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $63,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the $62,500 support zone. Bitcoin Price Extend Gains Above $63,500 Bitcoin price extended its increase above the $62,500 level. BTC was…