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Pricerally

All articles tagged with #pricerally

cryptocurrency1 year ago

Analysts Predict Bitcoin's Bullish Surge to $250K by 2025

Bitcoin is poised for a potential year-end rally, possibly reaching $125,000 to $140,000, driven by historical post-election December surges and current market conditions. The cryptocurrency has shown significant gains in past election years and is now supported by institutional investments through Spot Bitcoin ETFs. Recent on-chain data indicates a supply crunch, with over 55,000 Bitcoins withdrawn from exchanges, suggesting a bullish outlook. The market sentiment is extremely optimistic, and breaking the $100,000 resistance could trigger further investor interest.

via Bitcoinist|
#bitcoin#cryptocurrency#institutionalinvestors
cryptocurrency1 year ago

Shiba Inu (SHIB) Sees Surge in Whale Activity and Burn Rate, Sparking Rally Speculation

Shiba Inu (SHIB), a meme-inspired cryptocurrency, saw significant whale activity with major holders increasing their holdings by over 1 trillion SHIB in 24 hours, according to IntoTheBlock. This surge in large holder inflows, amounting to $1.98 trillion, coincided with a 19.2% price increase, breaking a key resistance level. The correlation between whale buying and price growth raises questions about the driving force behind the rally, with the coming week expected to reveal if this trend will persist.

via U.Today|
#cryptocurrency#investments#pricerally
cryptocurrency1 year ago

Shiba Inu (SHIB): Buy Signals Amid Market Volatility and Future Potential

Shiba Inu (SHIB) is showing signs of a potential price rally after a period of consolidation, driven by a 150% surge in large transactions, indicating strong whale participation. Technical analysis reveals a bullish inverted head-and-shoulders pattern, and SHIB is trading above key moving averages, suggesting an uptrend. If SHIB breaks the $0.000020 level, it could rise by 34% to $0.000028. On-chain metrics, including a bullish long/short ratio and increased open interest, further support the positive outlook for SHIB.

via Coinpedia Fintech News|
#cryptocurrency#pricerally#shibainu