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Showing posts with the label bullish rally

Chainlink (LINK) Ends January Up 23%: Is $35 on the Horizon?

Chainlink (LINK) had a slow start to 2025, which is impacting price predictions for the asset this year. Investors are still mostly bullish on LINK, however, and several analysts are noting indicators of a bullish rally coming. Chainlink ended January up 15%, reversing a downward start to the month. Now, February could see plenty of green around the altcoin. In the near term, there is plenty of optimism for LINK. One analyst went to Binance to reveal how a “massive rally” around the token is in the cards. Realmabbaskhan on Binance Square says that now may be the best time to pay attention to Chainlink and potentially invest. “Looking at the 4-hour chart, LINK is showing strong bullish momentum, and the next big move could take prices well above $30,” the analyst says. The trader notes that the asset is putting up good signals. “The price is trading above both the 20 EMA (24.271) and 200 EMA (23.377). Every time LINK has reclaimed the 200 EMA in the past, we...

Dogecoin Price Prediction: DOGE Drops 4% As Bitwise Files For A Dogecoin ETF And This PEPE 2.0 Meme Coin Presale Heads For $58M Ahead Of Listing

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The Dogecoin price dropped 4% in the last 24 hours to trade at $0.3510 as of 02:32 a.m. EST on trading volume that plunged 65% to $2.7 billion. This comes as crypto fund manager Bitwise Asset Management officially filed for a DOGE exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). 💥BREAKING: Bitwise files Dogecoin $DOGE ETF. pic.twitter.com/WxJOssCwwK — Crypto Rover (@rovercrc) January 22, 2025 The application is the first attempt by any financial institution to bring a DOGE-related ETF into the highly regulated US market. Dogecoin Price Poised For A Bullish Rally The DOGE price showcases a well-defined uptrend followed by a consolidation phase.  The major bullish momentum began in late October, marked by a sharp price rally (indicated by the green arrow) that took the Dogecoin price from the support near the 200-day Simple Moving Average (SMA) around $0.21 to a high of approximately $0.45.  This rally demonstrated strong ...

MAGA Hat Price Prediction: MAGA Pumps 5%, But Investors Flock To This New PolitiFi Meme Coin With 1,867% Staking APY

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The MAGA Hat price has surged 5% in the last 24 hours to trade at $0.0001607 as of 12:20 a.m. EST on a 5% drop in trading volume to $10.4 million MAGA Hat Price Gears Up For A Bullish Rally The MAGAUSD price action shows a strong upward movement within a bullish channel, followed by a period of consolidation. This is characteristic that after a sharp price rally, where the market pauses to digest recent gains. The price currently sits at $0.0001624, which is hovering around the 50-period Simple moving average (SMA) of $0.0001617. This suggests the 50 SMA could act as a key support or resistance level in the short term. If the price manages to hold above this moving average, it could signal renewed buying interest. The 200-period simple moving average (SMA), down at $0.0001151, indicates that the overall long-term trend remains bullish. The wide gap between the 50 SMA and 200 SMA shows that the MAGA price has experienced significant momentum recently, further reinforcing the upward ...

Worldcoin Price Surges 10% As World ID Gains Wider Adoption, And This PEPE 2.0 ICO Heads For $16 Million

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The Worldcoin price rose 10% in the last 24 hours to trade at $2.07 as of 00:28 a.m. EST on trading volume that skyrocketed 79% to $761 million. This comes as its World ID gains wider adoption after launching in Guatemala, Malaysia, and Poland. The launches were made this week, a testament to the growing demand for human verification. Worldcoin Price On A Bullish Rally According to GeckoTerminal data , the Worldcoin price has been on a downtrend from the end of August to the beginning of September, from the $1.98 resistance level to the $1.3 support level. The support allowed the bulls to push the price back to the resistance zone, forming a rounding bottom pattern and a follow-through. WLD has now crossed above both the 50-day and 200-day Simple Moving Averages (SMAs), which suggests that the market is entering a stronger uptrend after what appears to be a longer period of downtrend. The Golden Cross (50 MA crossing above the 200 MA) has occurred around $1.55, which is a strong...