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Showing posts with the label surge

Brace for strong Cardano (ADA) surge; Here’s why

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Cardano (ADA) has a strong and historical bullish signal in its weekly chart during a strong momentum for all cryptocurrencies. This could ignite a massive surge for one of the most popular layer-1 blockchains in the cryptocurrency market. Notably, Cardano confirmed a breakout of the 50-week exponential moving average (EMA) in the week starting on December 4, 2023. By then, ADA went from $0.4 to $0.6 per token, similar to the May 25, 2020 action. Previously, ADA broke from the 50-week EMA, moving from $0.05 to $0.07 in seven days. After that, the token traded above the indicator for a 5,580% uptrend to the $3 level in August 2021.  Picked for you Pepe returns from the dead rockets 180% in a week 3 hours ago Bybit integrates TradingView facilitating trades with new charting capabilities 3 hours ago Ripple to unlock 1 billion XRP on March 1; What’s next? 3 hours ago TRON network skyrockets to 100 million addresses, dwarfing Cardano and Avalanche 4 hour...

Marathon Digital tops US trading charts as Bitcoin miner stocks surge

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Bitcoin miner Marathon Digital has seen its stock trading volumes soar, topping U.S. mid and large-cap stocks ahead of a potential spot Bitcoin ETF approval. In the past 24 hours, the firm’s trading volume exceeded 105 million shares, outperforming tech giants like Tesla, Apple, and Amazon, as per Yahoo Finance’s market data. Marathon Digital’s shares lead in trading volume over the past 24 hours | Source: Yahoo Finance Riot Platforms, another significant player in the Bitcoin mining sector, also marked a notable presence, ranking as the sixth most-traded stock with over 40 million shares traded in the same period. This surge in Bitcoin mining stock s is attributed to the mining industry’s expansion efforts in anticipation of the potential approval of a spot Bitcoin exchange-traded fund (ETF) in early January, coupled with the upcoming Bitcoin halving event in April. You might also like: Marathon Digital’s stock performance peaks in 2023 as BTC...

LTC’s Bullish Resurgence and On-Chain Whales Spark Excitement

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Litecoin (LTC) shows resilience with a 14% gain in 9 days, holding above $67 despite recent dips. A bullish pennant pattern emerges on the LTC/USD chart, hinting at a weekend breakout. Litecoin’s on-chain activity surges as whales awaken, setting the stage for potential triple-digit growth. Litecoin (LTC) has demonstrated indications of a bullish re surge nce, attracting the attention of investors and market experts alike. Consequently, Litecoin has gained 14% in value over the past nine days, with bulls keeping the price over $67. However, the previous 24 hours saw the LTC market dominated by a bearish hand, with the price sliding from an intraday high of $70.49 to an intraday low of $67.39 when support was created. Despite this brief setback, Litecoin’s overall favorable trend continues, with the cryptocurrency trading at $67.58 as of press time. During the dip, LTC’s market capitalization and 24-hour trading volume declined by 3.47% an...