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Summary ⚈ Bitcoin formed rare weekly bullish MACD and Ichimoku crosses, signaling a possible breakout. ⚈ Past signals like these led to 100% to 195% gains in previous rallies. ⚈ A 100.73% surge could push Bitcoin to $150,000 if momentum continues. On April 14, Bitcoin (BTC) printed a bullish 1-week moving average convergence/divergence (MACD) cross, in tandem with an Ichimoku bullish cross, which could signal the start of a rally to $150,000, per a May 5 TradingView post from renowned chart expert TradingShot . The former marks the first such instance that has happened in 7 months, since mid-October of 2024 — the latter is a comprehensive technical indicator that takes into account trend direction, momentum, and support and resistance. BTC price chart with technical analysis. Source: TradingShot on TradingView Since September of 2022, each time these two signals appeared at the same time, a bullish leg of a long-term channel up chart pattern began. In additio...

The Hyperliquid price soared 38% in the last 24 hours to trade at $12.15 as of 11:27 p.m. EST on trading volume that plunged 4% to $242.9 million. Hyperliquid Price On A Progressive Upward Trend After its launch less than a week ago, the Hyperliquid price has been in a continued surge, despite having traded within the $9 range in the past 3 days.  The consolidation within this range allowed the price of Hyperliquid to soar, forming a parabolic curve. The price of HYPE is now trading at $12.15, well above the 50-day Simple Moving Average (SMA), confirming bullish momentum. The breakout is supported by a significant volume spike, indicating strong buying pressure. The Relative Strength Index (RSI) also supports the rising pressure, which has already crossed above the 70-overbought region, currently at 78. Meanwhile, the Moving Average Convergence Divergence (MACD) blue line (0.8381) is significantly above the orange signal line (0.5843), and the histogram shows increasing posit...

The Thena price went ballistic with a 327% pump in the last 24 hours to trade at $0.9285 as of 7:17 a.m. EST as investors FOMO buy the altcoin. Introducing Thena $THE on #Binance HODLer Airdrops! Read more 👉 https://t.co/TG6Gox0rMf pic.twitter.com/ElKNNLCvmz — Binance (@binance) November 26, 2024 The surge in the THE price comes after leading crypto exchange Binance announced that it will welcome the token to its platform. Thena Price Breaks Through Multiple Technical Barriers Daily chart for THE/USD (Source: GeckoTerminal) The Thena price blasted through multiple resistance levels in the last 24 hours and soared to an intraday peak of $1.3280. Since reaching this high, THE has pulled back and is now attempting a challenge at the $0.9506 resistance level. Closing today’s daily candle above this barrier could give the crypto the necessary foundation to continue rising in the short term. However, closing today’s trading session below $0.9506 might t...

The Ponke price surged 21% in the last 24 hours to trade at $0.8098 as of 11:33 p.m. EST on trading volume that skyrocketed 34% to $118.8 million. Ponke Price Aims For A Continued Surge Since the beginning of 2024, the Ponke price has been in a continued surge, as it registered new highs every month. However, the bears may have taken charge of the price of Ponke in July, which allowed the bears to push PONKE down to the $0.20 level, according to data from GeckoTerminal . The $0.020 support zone allowed the price of Ponke to surge, forming a rounding bottom pattern, which is typically a reversal pattern, as the bulls aim to sustain this momentum. PONKE trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally. The death cross around $0.35 further cements the bullish sentiments. The Relative Strength Index (RSI) is in the overbought zone around 82, which often indicates that the asset is experiencing strong buying pressure. Whi...

The Sui price surged 13% in a week despite dropping 3% in the last 24 hours to trade at $1.90 as of 03:24 a.m. EST on trading volume that fell 16% to $1.4 billion. This comes as Bitcoin and many other cryptocurrencies slump amid concerns over rising tensions in the Middle East as Israel vows to make Iran pay for a missile attack, dampening optimism over a possible Uptober bull run. Sui Price To Continue Soaring The Sui price has been on a sustained bullish rally, as the bulls took advantage of the consolidation phase within the $0.85 range, according to data from GeckoTerminal. The trend, since mid-September, resulted in the price of Sui trading within a rising channel pattern as the bulls aim to sustain the trend. SUI now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the sustained bullish trend. Moreover, the Relative Strength Index (RSI) is moving towards the overbought region, currently at 56, indicating that the bulls are initiatin...

The Sui price surged 8% in the last 24 hours to trade at $1.89 as of 00:25 a.m. EST on trading volume that plunged 10% to $910 million as it approaches the psychological $2 level. This comes as Sui continues to establish its competitive position in the blockchain industry. Sui is seen as a strong competitor to mature platforms such as Solana, and recently reached a TVL of $1 billion just two years after the launch of its mainnet. Sui Price Could Continue Soaring The Sui price has been in a sustained bullish stance since September 6, when it soared from the $0.82 support zone. According to data from GeckoTerminal , this represents a 128% surge in the current price. In recent days, the price of Sui has been trading within the rising channel pattern, confirming the sustained bullish trend. SUI price has now breached both the 50-day and 200-day Simple Moving Averages (SMAs), indicating that SUI could still be on a sustained bullish momentum. Meanwhile, the Relative Strength Index (R...

The Pepe price has pumped 36% in the past week and edged up 0.9% in the last 24 hours to trade at $0.00001126 as of 12:40 a.m. EST on an 8% drop in trading volume to $2.2 billion. Pepe Price Bulls May Continue The Uptrend The PEPE/USD price action shows several key technical indicators and patterns that indicate a potential bullish breakout. One prominent pattern is the falling wedge, a bullish reversal pattern that often signals an upcoming upward price movement after a period of consolidation. The wedge appears to be narrowing, and the price is approaching a possible breakout point, which could lead to a significant price surge. A support zone has been established, and the price consistently tests and bounces off this level, indicating strong buying pressure and preventing further declines. PEPEUSD Analysis Source: Dextools.io The 50-day simple moving average (SMA), represented by the blue line, is trading below the 200-day SMA (green line), reflecting a previous beari...