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Showing posts with the label bulls

XRP Surges to $3 But Faces $950M Sell Pressure: Can Bulls Push Toward $4 Next?

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Ethereum’s MVRV Hits 1.97 — Can Bulls Hold Their Ground?

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Over 1.9M Ethereum Positioned Between $1,457 And $1,598 – Can Bulls Hold Support?

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iDEGEN fires on all cylinders as Bitcoin, Ethereum struggle

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Bulls remain in control of the broader cryptocurrency market as investors’ optimism remains pegged on crypto-friendly policy measures, heightened adoption of these digital assets, and central banks’ strategic reserves. Even so, crypto majors have largely stalled in the absence of an immediate catalyst.  Amid the pullback, meme coins and particularly AI projects have shown immense growth and indismissible opportunities. iDEGEN , a unique social experiment is one such project. Even before hitting the public shelves, it has the potential to give the likes of Fartcoin and AI16z a run for their money.  Bitcoin’s under pressure from bets on fewer rate cuts Bitcoin price rebounded on Tuesday after testing the crucial support zone of $90,000 in the previous session. As at the time of writing, the top crypto was at $96,485 as it finds support along the 50-day EMA while hovering around the short-term 20-day EMA.  While the bulls are stil...

Ethereum network explodes to 4-month high

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Following a period of underperformance for Ethereum (ETH) compared to the wider cryptocurrency market, its network has just experienced an unexpected jump in the growth of crypto wallets, the highest in the last four months, and on a Sunday, which is typically the least active of the week. Specifically, on September 8, 126,210 new crypto wallets appeared on the Ethereum network, marking the highest single day of growth activity since May 5 this year, according to the observations shared by blockchain and social metrics platform Santiment in an X post on September 9. Ethereum network growth and price performance analysis. Source: Santiment Ethereum bulls vs. bears As the Santiment team highlighted, such a massive rise in the network growth in a single day could lead to a price increase of its token, explaining that it was “indicative of rising network utility and anticipated price bounces from the $2,200 – $2,300 level.” ...