Analysis Crypto by Thebittimes.Com

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Hedera (HBAR) is gaining momentum, climbing to $0.23 as investors take notice of its growing adoption and strong market performance. With SWIFT integrating Hedera’s technology across three continents and technical indicators signaling further upside, HBAR’s rally could soon test key resistance levels, making it a token to watch. HBAR Key Statistics Current Price: $0.23 Market Cap: $10.3 billion Trading Volume (24h): $863 million Circulating Supply: 41.9 billion HBAR Total Supply: 50 billion HBAR CoinMarketCap Ranking: #11 In the last one week, Hedera (HBAR) has posted an impressive 13% gain, despite being down 22% in the last one month. Over the past year, it has surged 111%, highlighting its strong long-term growth. HBAR/USD Market Key Levels Resistance: $0.24, $0.27, $0.30 Support: $0.21, $0.19, $0.16 HBARUSD – Daily Chart Hedera (HBAR) is showing signs of renewed strength, climbing to $0.23 with a notable 9.73% surge. The price has remained...

The Official Trump price soared 38% in the last 24 hours to trade at $48.69 as of 11:24 p.m. EST on trading volume that skyrocketed 167% to $39 billion. TRUMP is currently down 33% from its all-time high (ATH) of $73.43 following the launch of a cryptocurrency $MELANIA by incoming First Lady Melania Trump on the eve of husband Donald Trump’s inauguration as US President.  The announcement came just one day after President-elect Donald Trump introduced the $TRUMP cryptocurrency. Both coins have have soared amid volatile trading as some traders interpreted the launch of MELANIA as dilution of $TRUMP. “The Official Melania Meme is live! You can buy $MELANIA now,” she posted on the social platform X on Sunday. The Official Melania Meme is live! You can buy $MELANIA now.  https://t.co/8FXvlMBhVf FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com/t2vYiahRn6 — MELANIA TRUMP (@MELANIATRUMP) January 19, 2025 Official Trump Price Aims For...

The Bitcoin price jumped 3% in the last 24 hours to trade at $102,228 as of 7:00 a.m. EST on a 2% increase in trading volume to $55 billion. This jump in the BTC price comes as US investors show renewed interest in the crypto market leader ahead of President-elect Donald Trump’s inauguration on Jan. 20. $BTC open interest has sharply returned, after a holiday reset. The bulls are back. pic.twitter.com/HBVEB4jSBQ — Miles Deutscher (@milesdeutscher) January 17, 2025 Growing anticipation of pro-crypto policies from the incoming administration has added to this momentum, with potential key announcements expected on Trump’s first day in office. This resurgence in US-driven demand could ignite the next leg of the bull market, benefiting both Bitcoin and altcoins. Bitcoin Price Bounces Back On Strong Support Level The BTC/USDT price action on the 1-day timeframe shows a mix of consolidation phases, bullish trends, and key support and resistance levels. Bitcoin initi...

A cryptocurrency trading expert has pointed out that an XRP price breakout is already confirmed following the short-term bullish momentum, and investors should anticipate further surges. According to Alan Santana, XRP is showing potential for a higher shift, having broken above a descending trendline after weeks of consolidation following its December 2024 peak, as indicated in his TradingView post on January 12. XRP price analysis chart. Source: TradingView/Alan Santana Santana’s outlook noted that after a sharp bullish rally late last year, inspired by post-election optimism, XRP entered a retracement phase that evolved into a consolidation pattern. This pattern, often considered a 50/50 scenario where price action can break up or down, has now decisively favored the bulls. Picks for you U.S. Congress member discloses cryptocurr...

Market rotation signals a surge in altcoins and meme coins, with Catslap potentially leading the charge. While Bitcoin has experienced a slight 6% dip over the week, according to CoinMarketCap, the broader cryptocurrency market is showing a clear shift toward altcoins and meme coins. This shift in investor sentiment and capital allocation has generated significant excitement, especially for emerging tokens like Catslap, which may be poised for explosive growth. As this transition unfolds, it could mark the beginning of a lucrative phase for investors. Market shift fuels Catslap’s bullish momentum in the meme coin sector On the day Bitcoin dipped, Shiba Inu (SHIB) climbed by 3%, signaling strong upward momentum in the meme coin sector. Similarly, Ethereum posted a 2% gain, while Solana recorded a notable 2% increase. This dynamic suggests a potential market rotation – from Bitcoin to altcoins, and eventually into meme coins. Such transitions have historically precede...

The Bitcoin price climbed 2% in the last 24 hours to trade at $68,784 as of 11:20 p.m. EST on trading volume that dropped 2% to $33 billion. This comes after the Securities and Exchange Commission (SEC) approved Bitcoin ETFs (exchange-traded funds) for the New York Stock Exchange (NYSE) and Chicago Board Options Exchange (CBOE). The approval is seen as a step in integrating digital assets into traditional finance. Bitcoin Price Could Continue Soaring The Bitcoin price chart shows a bullish reversal pattern after a recent period of consolidation. The bulls seem to be capitalizing on the support around $59,800, which formed a double bottom pattern, according to data from GeckoTerminal . As a result of the rally, BTC now trades above both the 50-day and 200-day Simple Moving Averages (SMAs). The RSI is at 66.55, approaching the overbought zone (above 70). This suggests that the market has strong bullish momentum, but it is getting closer to overbought conditions. A value above 70 co...

Cryptocurrencies are heating up as a bullish momentum grows in the cryptocurrency market, especially around what is known as “altcoins.” The total capitalization of all cryptocurrencies except Bitcoin (BTC) and Ethereum (ETH) broke out of a downtrend, signaling an altseason is starting. Finbold looked at TradingView ‘s TOTAL3 crypto index, summing up the market cap of all cryptocurrencies excluding the two leaders. With a $614.64 billion capitalization, the altcoins are starting a strong momentum, breaking out of a six-month downtrend. Notably, TOTAL3 made three subsequent lower highs since the 2024 highs in late March, creating significant resistance. The index tested this downtrend line from September 21 to 23, breaking out the resistance on September 24. Picks for you Hermetica brings its synthetic dollar USDh to Stacks...

The Bitcoin market bears are holding firm at the $65,000 resistance level, but if this barrier is broken, both BTC and altcoins may pursue fresh all-time highs. The recent rejection around the $65,000 mark indicates that bears are attempting to maintain Bitcoin’s price within the lower range of $54,000 to $73,777. However, the bulls are still putting up a strong fight. According to a 10x Research report, Bitcoin is poised for a potential rally, especially as it enters its traditionally favourable period from October to March. Another positive factor for the crypto market is the Federal Reserve’s aggressive 50 basis point rate cut on 18 September. CoinShares’ latest digital asset fund flows report noted that the rate cut might have contributed to last week’s $321 million inflow into digital asset investment products. Daily cryptocurrency market performance. Source:  Coin360 According to K33 Research, Bitcoin is nearing another historically crucial perio...