The company plans to use corporate resources to fill the gap, including external capital. Author: Danny Nelson Source link
Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally
Tag: Rally
Solana Rally Could Gather Pace above $30
Solana is surging above $20 against the US Dollar. SOL price could extend its rally above the $26 and $30 resistance levels in the near term. Sol price started a fresh increase above the $20 and $22 levels against the US Dollar. The price is now trading above $22 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $23.05 on the 4-hours chart of the SOL/USD pair (data source from Kraken). The pair could rise further if it stays above the…
Dogecoin Price Technicals Suggest DOGE Must Clear $0.920 For Another Rally
Dogecoin is gaining pace above the $0.085 resistance against the US Dollar. DOGE could rise further if there is a close above the $0.092 resistance. DOGE gained pace and traded above the $0.085 resistance against the US dollar. The price is trading above the $0.0850 zone and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0830 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair could rise further if there is a clear close above the…
Bitcoin Retakes $20K, Leading as Broad Crypto Rally Continues
The largest cryptocurrency by market capitalization started the week near the $17,000 mark after hovering in the mid-$16,000 area since mid-December. Now at $20,250, bitcoin has gained more than 20% in the opening two weeks of this year. Still, the crypto – which topped $65,000 in Nov. 2021 – remains near the low end of a brutal bear market. Author: Jocelyn Yang Source link
SOL Could Extend Rally Above $18
Solana is showing bullish signs above $15 against the US Dollar. SOL price could extend its rally above the $18 and $20 resistance levels. Sol price started a fresh increase above the $15 and $16 levels against the US Dollar. The price is now trading above $16 and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $15.90 on the 4-hours chart of the SOL/USD pair (data source from Kraken). The pair could rise further if it stays above the $15.00 and…
BNB Price Gearing For Another Lift-Off to $300: Rally Isn’t Over Yet
BNB price (Binance coin) found support near $240 against the US Dollar. BNB rallied above $260 and might aim more upsides towards the $300 level. Binance coin price started a recovery wave from the $240 support against the US Dollar. The price is now trading above $265 and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $250 on the 4-hours chart of the BNB/USD pair (data source from Binance). The pair could is rising and might climb further above…
Ethereum Price Bulls Hold Strong, Indicators Suggest Fresh Rally To $1,400
Ethereum bulls defended the $1,220 support zone against the US Dollar. ETH is rising and might aim a strong bullish wave above the $1,300 resistance zone. Ethereum remained well bid and strong above the $1,220 zone. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,245 on the hourly chart of ETH/USD (data feed via Kraken). The pair is showing positive signs and might eye an upside break above the $1,300 resistance.…
CRO Price (Cronos) Pumps Over 12%, Why This Could Be The Start of Bigger Rally
CRO price started a fresh increase from the $0.062 support zone. Cronos bulls are now aiming a strong move towards the $0.094 level in the near term. CRO price started a decent increase above the $0.065 resistance against the US dollar. The price is trading above $0.070 and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance at $0.0650 on the 4-hours chart of the CRO/USD pair (data source from Coinbase). The pair could continue to rise towards the $0.080 and…
Bulls Aim Fresh Rally To $1.12
MATIC price started a fresh increase from the $0.765 support zone. Polygon bulls are now aiming a fresh increase above the $1.00 resistance zone. MATIC price started a decent increase above the $0.90 resistance against the US dollar. The price is trading above $0.90 and the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance at $0.850 on the 4-hours chart of the MATIC/USD pair (data source from Kraken). The pair could continue to rise towards the $1.00 and $1.12 resistance levels. Polygon’s…
3 Altcoins That defy Bitcoin Dominance And Continue To Rally
CSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area. TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down. The price of CRV respects the downtrend line as the price aims to break out of its downtrend price movement. The crypto market has not had the Uptober that many expected, as the market has continued to range despite showing some great signs of rallying in the early part…