People always gravitate toward investments that promise growth, and 2024’s crypto market has seen plenty of movement. For instance, Aptos (APT) shows resilience after a recent retrace and gathering momentum for potential gains. Meanwhile, Bitcoin’s fluctuations have traders closely watching its support levels, wondering if it can push past $60,000 again. Amid these shifting trends,…
XRP’s Futures Open Interest has shown positive growth of 2.3% in the past four hours. XRP’s OI-Weighted Funding Rate indicated that traders were bullish, as long positions were paying short positions. In the ongoing sideways cryptocurrency market, XRP traders on Binance appeared bullish as they significantly increased their long positions over the past four hours…
contributor PEPE’s Long/Short ratio, at press time, stood at 1.062, indicating a strong bullish market sentiment Futures Open Interest jumped by 15% in the last 24 hours It appears that the popular memecoin PEPE is poised for a significant price rally after it formed a bullish pattern. Its on-chain metrics are now flashing bullish market…
contributor Posted: September 27, 2024 Former CEO of Binance is set for release two days earlier. BNB dominance and 365D ROI pointing a bullish outlook. Binance Coin [BNB] has been gaining momentum recently following news about the potential early release of former Binance CEO Changpeng Zhao (CZ). According to Forbes, CZ may be released two…
ETH exchange reserves declined to around 18.5 million ETH ETH, at press time, remained below key price levels Ethereum has faced resistance at key price levels over the last few weeks. This has likely contributed to the decisions made by some large holders, or “whales,” to sell off portions of their holdings. Despite this selling…
Journalist Polkadot could see a slightly deeper price drop before recovery. The higher timeframe momentum was shifting bearishly as prices retested a support level. Polkadot [DOT] achieved a bullish market structure break on Saturday, the 24th of August, but has retraced the move entirely. It was trading just above the $4.22 support level that it…
Jerome Powell spoke about rate cuts as short-term Fed liquidity weakened Bitcoin and the broader crypto market have been showing signs of bullish sentiment Jerome Powell’s recent statement has set the stage for significant shifts in the cryptocurrency market. Powell’s indication that “The time has come for policy to adjust” suggests that U.S rate cuts…