A Rare Bullish Bitcoin Signal Has Finally Appeared
A rare bullish bitcoin signal, the difficulty ribbon compression, has started pumping up for the first time since the bull run started. The Bitcoin Difficulty Ribbon Compression Goes Up As pointed out by a BTC analyst on Twitter, the difficulty ribbon compression seems to be going up for the first time since the bull run […]
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The time-tested hash ribbons indicator flagged a rare buy signal on Friday, suggesting now is the best time to buy bitcoin.
Bitcoin has seen an immense rally over the past few weeks, rallying as high as $14,100. Bitcoin remains up 25% in the past two weeks. Analysts think that BTC is poised to rocket even higher in the weeks ahead despite a failure to establish $14,000 as support. The cryptocurrency’s 200-day moving average recently set a new all-time high after doing so in May or June of 2018. This bullish signal was last seen in 2016, […]
Technical analyst Charting Guy has shared a new perspective on the relationship between XRP and Ethereum, identifying a setup that he believes could lead to short-term XRP outperformance. His analysis, which was posted on the social media platform X, focuses on the XRP/ETH weekly chart, where he highlighted the formation of a bullish divergence that has not appeared since mid-2024. The development, he says, signals a constructive shift in momentum that will favor XRP’s price action over Ethereum for the next three months. A Rare Weekly Bullish Divergence Favors XRP Over Ethereum In....
The popular meme known as Pepe the Frog is gradually becoming a tradeable CounterParty asset through the Bitcoin Blockchain known as Rare Pepes, they are created with pictures of Pepe and are held in the Rare Pepe Wallet. Rare Pepe cards can be transferred like cards through the browser-based wallet. Rare Pepe cards. According to Bitcoin.com, each card design has to be voted by the Rare Pepe Foundation which issues all Rare Pepe card XCP assets. The Foundation is there to ensure the card images are dank and relate to Bitcoin or cryptocurrency in general. Once approved, the cards are....
Bitcoin is currently hovering in a tightly compressed price range after failing multiple times to break above $110,000 earlier this month. The past few days have been characterized by the leading cryptocurrency trading around $105,000, with neither bulls nor bears taking control. Despite the overall consolidation, a subtle yet significant signal is starting to flash beneath the surface, particularly on the 4-hour chart, that might send Bitcoin to a new all-time high soon. Return Of Rare Divergence Pattern On Bitcoin’s 4H Chart Crypto analyst Luca (@CrypticTrades_) took to social media....