Tag

Bullrun

All articles tagged with #bullrun

cryptocurrency1 year ago

Dogecoin's Bullish Momentum: Experts Predict Major Rally

Crypto experts are optimistic about Dogecoin reaching $3 per coin, driven by positive market sentiment and Bitcoin's price surge. Analyst Crypto Scofield predicts a 624% increase from its current price, achievable within six months to a year. Some analysts even foresee DOGE hitting $11 or $18. If Dogecoin reaches $3, its market cap could soar to $440 billion, surpassing Ethereum and ranking among top global assets. Currently, DOGE trades at $0.4219 with a market cap of $62 billion.

cryptocurrency1 year ago

Bitcoin Miners Brace for $100K Amid Cost and Market Dynamics

Bitcoin's price struggles to surpass the $100k mark, facing resistance around $97.8k-$98.5k, but a major price retracement below $90k is unlikely due to the average mining cost trend. Historically, Bitcoin's price has not fallen below its average mining cost during bull runs, suggesting that the current $90.5k mining cost level may hold strong for the foreseeable future.

cryptocurrency1 year ago

XRP Price Soars Amid Bullish Momentum and SEC Optimism

XRP's price has surged to a 3-year high, driven by speculation of reduced SEC scrutiny and strong technical indicators, with predictions it could reach $10 in the next bull run. Meanwhile, Rexas Finance (RXS), a new player in asset tokenization, is gaining attention with its presale success and potential to match or exceed XRP's growth, making it a compelling investment prospect for the upcoming market phase.

cryptocurrency1 year ago

Bitcoin Targets $120K After Surpassing $96K Resistance

Bitcoin has broken past the $96K resistance, signaling strong bullish momentum with a potential target of $120K. The cryptocurrency is currently trading at $98,633.53, supported by increased buying pressure and declining exchange reserves, which indicate long-term investor confidence. Technical indicators, such as the RSI and Fibonacci retracement levels, confirm the bullish trend, although maintaining the $96K support is crucial to avoid potential retracements. Rising active addresses and transaction counts further bolster Bitcoin's bullish outlook.