rally

Maker [MKR] stalls at this key Fib level — will its rally sustain?

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contributor Posted: September 7, 2023 Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MKR rebounded from the recent retracement to sustain its uptrend. Flipping the 23.6% Fib level on the daily timeframe remained key for sustained gains. Maker [MKR] sustained its impressive …

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Shibarium relaunch sparks BONE price rally, but bearish signals linger

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BONE’s price climbed by double-digits in the last week following Shibarium’s mainnet relaunch. However, price growth might be due to hype as no underlying momentum supports the same amongst daily traders. The mainnet relaunch of Shibarium, a Layer-2 (L2) solution for the Shiba Inu [SHIB] ecosystem, on 24 August has sparked a price rally for …

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Why Bitcoin’s short-term holders are crucial to determining the next rally

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88.3% of BTC’s short-term holder supply was being held at an unrealized loss following last week’s decline in value. BTC’s price is at risk of further decline should short-term holders intensify coin distribution.  Last week’s deleveraging event in the Bitcoin’s [BTC] futures markets caused the king coin to record its most significant single-day sell-off of …

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Is Chainlink likely to rally soon as development activity surges?

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Chainlink’s development activity began to rise. Whales showed interest. However, the price of LINK fell. In the crypto sector, Chainlink[LINK] has been known for its high number of collaborations with different types of companies in the space. With an increasing array of oracles and services to provide, Chainlink has shown growth across various verticals. Realistic …

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