Solana chart ‘bull flag’ eyes $250 despite SOL price down 40% since last week

[ad_1] Solana (SOL) price extended its slide on Sept. 17 as a major network outage over the past week — pointing to heightened security risks — hit traders’ confidence. The SOL/USD exchange rate fell up to 13.27% to its intraday low of $133.53 in a corrective trend that began after it topped out near $221.38 on Sept 9. As a result, SOL’s price has almost crashed by 40% since its all-time high last week, despite more than tripling their value in the past 30 days. Outage hurts SOL price Solana…

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Sell or hodl? How to prepare for the end of the bull run, Part 2 – Cointelegraph Magazine

[ad_1] To read Part 1 of “How to prepare for the end of the bull run,” click here. So, you’ve made a million bucks this cycle and you’re trying to work out how to transform those life-changing gains into money in the real world before the inevitable crash. But at the same time, you don’t want to sell now and miss out on potential upside. So, what should you do? For Quantum Economics founder Mati Greenspan, the answer is simple: Be optimistic. He’s not an advocate of trying to time the…

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How to prepare for the end of the bull run, Part 1: Timing – Cointelegraph Magazine

[ad_1] Bobby Lee “blames” his brother Charlie — the founder of Litecoin — for causing the 2017/2018 Bitcoin price crash. He’s joking of course. Sort of. Charlie famously sold the last tranche of his Litecoin holdings in December 2017 for $350 each. Bobby remembers seeing the news hit Twitter. “I was like, gosh, that probably marks the peak,” he says. “I said to him jokingly, like ‘you just caused the end of the bull market’.” Of course, Charlie wasn’t the real reason the bull market ended, but it was a…

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XRP price chart ‘bull flag’ puts the next bullish target at $1.50

[ad_1] XRP price edged higher on Sep. 2 as traders assessed Ripple Labs gaining an edge over the United States Securities and Exchange Commission (SEC) in an ongoing courtroom battle. The XRP/USD exchange rate surged by up to 4.74% to reach $1.296 for the first time since Aug. 23. The pair’s climb appeared alongside a spike in trading volume on the four-hour chart, confirming traders’ intent to support the upside move in the coming sessions. XRP has grounded higher this week reflecting a similar bullish move in other top digital assets.…

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ADA price hits $3 for the first time as Cardano, Ethereum lead crypto ‘super bull cycle’

[ad_1] Cardano’s ADA token surged to new all-time highs on Thursday as an altcoin comeback gripped cryptocurrency markets. ADA/USD 1-day candle chart (Binance). Source: TradingView Cardano joins Ether in serious gains Data from Cointelegraph Markets Pro and TradingView showed ADA/USD clipping $3.06 during trading Thursday. Having shown strength for multiple weeks, Cardano benefited from a broader altcoin resurgence after attempting to hit the $3 mark throughout the second half of August. The move coincided with the launch of the Cardano Alonzo testnet ahead of a mainnet debut later this month. At…

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Is Ethereum’s rally signaling the next bull market phase for Bitcoin above $50K?

[ad_1] Bitcoin (BTC) has been seeing some consolidation below $50,000 as a psychological barrier. However, during this pullback, several big altcoins have been surging in price, suggesting that the “altseason” isn’t over yet Meanwhile, Bitcoin’s price faces a crucial resistance to break through, while Ether (ETH) is already cracking that resistance, hitting a three-month high versus BTC, and facing a run toward the next resistance around the all-time high. The primary question is now whether this Ethereum breakout is a signal for Bitcoin to follow suit and break through the…

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Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K – Markets and Prices Bitcoin News

[ad_1] Bloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that could get the benchmark crypto back on track toward $100,000.” Bitcoin Back on Track Toward $100,000 Bloomberg Intelligence published analyst Mike McGlone’s August cryptocurrency outlook with a price prediction for bitcoin Wednesday. McGlone described that bitcoin is set to turn $40,000 into support, stating that “This year is prime for bitcoin to take the next step in its price-discovery…

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Price Dip Bitcoin Market Bull

[ad_1] This Week In Bitcoin is a new segment covering the events of the week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary This was the week of El Salvador. Since President Nayib Bukele’s announcement in Miami at Bitcoin 2021 that El Salvador would adopt bitcoin as legal tender, the internet has been ablaze. The country’s parliament has since made it official, voting with a supermajority in favor of the bill. There have also been talks of setting up mining operations in the country…

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Ethereum bull trap? ETH price signals breakdown versus Bitcoin

[ad_1] A recent run-up in Ether (ETH) prices against its top rival Bitcoin (BTC) appears to be at the risk of exhaustion even as analysts see the second-largest cryptocurrency as stronger among the two. In retrospect, the ETH/BTC exchange rate rose by up to 40.19% after bottoming out at 0.0553 BTC on May 23. The powerful rebound move reflected a spike in the capital flow from spot ETH to spot BTC market. That also led analysts at Delphi Digital — an independent market research firm — to highlight Ethereum’s “formidable…

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Bitcoin bull run won’t end ‘any time soon’ as whale buying hints at new $52K floor

[ad_1] As Ether (ETH) passed $4,000 and multiple altcoins saw their own all-time highs on Monday, data shows that there is still more buying appetite to come. Traders prepare to sink funds into crypto A trading frenzy is gripping altcoins, while Bitcoin (BTC) continues to consolidate, showing signs that it is ready to tackle $60,000 resistance. While some alts, notably Dogecoin (DOGE), have cooled since last week, traders are far from exhausted and are ready for more. This is aptly demonstrated, analyst Lex Moskovski said, by the number of stablecoins entering…

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