Analysis Crypto by Thebittimes.Com

The cryptocurrency market seems to be slacking, despite an interest rate cut from the Federal Reserve. Bitcoin (BTC) is facing substantial resistance at the $117,000 price point, and most other assets are trading in the red zone today. However, Avalanche (AVAX) seems to be defying the market trend, registering rallies across all time frames. According to CoinGecko data, AVAX has risen 5.1% in the last 24 hours, 19.7% in the weekly charts, 38.9% in the 14-day charts, and 51.3% over the previous month. Let’s discuss why AVAX is rallying and if the rally will continue. Source: CoinGecko What’s Behind Avalanche’s Rally and Will it Sustain? Source: Binance Academy There are a few reasons why Avalanche (AVAX) may be defying the currency market trend. Firstly, the rally could be due to Bitwise submitting an S1 filing to the SEC for an Avalanche ETF. Crypto-based ETFs have seen substantial inflows over the last few months. Bitcoin (BTC) and Ethereum (ETH) have both hit new all...

Cronos soared 56% to hit a 3-year high at $0.388, Solana surged 4.6% amid the Alpenglow Upgrade vote, and Bitcoin jumped 2% despite Polymarket bettors seeing a 60% chance of BTC sliding below $100k before the end of the year. CRO is trading at $0.3489 as of 4:10 a.m. EST, with trading volume soaring 137% to $2.4 billion, as it extends gains following news yesterday of a blockbuster deal with Trump Media and Technology Group (TMTG) Crypto.com that will create a $6.42 billion CRO treasury firm. Meanwhile, Solana surged 6.4% to trade at $212.88, while Bitcoin jumped 2% to $113,115. The top performers are Haia (KAIA), Jito (JTO, and Pump.fun (PUMP), with gains ranging from 10.7% to 11.4%, according to CoinMarketCap data.  The top losers among major cryptos were Morpo (MORPHO), OKB (OKB), and Aerodrome (AERO), with falls of 4.4%, 2.9%, and 2.4%, respectively. The crypto space overall rose 2% in the last 24 hours to retake a market capitalization of $4 trillion. Cronos Soars As Bu...

Bulls may dominate Filecoin market FILUSD Price Analysis – October 14 When Filecoin successfully break down the support level of $4.86, price may decrease to $4.04 and $3. 64 support levels . In case the bearish momentum is weak, bulls may gain momentum and price increase to $6.15, $7.20 and $7.98 resistance levels. FIL/USD Market Key Levels: Resistance levels: $6.15, $7.20, $7.98 Support levels: $4.88, $4.04, $3.64 FIL/USD Medium-term Trend: Bearish FIL/USD is bearish in the long-term outlook. Filecoin could not continue a bullish trend it commenced last two weeks. The cryptocurrency was under the bullish control . The price increased to $10.63 resistance level with strong bullish pressure. Sellers gained more pressure and push the price down towards $4.88 support level. Former support levels like $7.20 and $6.15 have turned to resistance levels. The coin is trying to penetrate support level of $4.88. Filecoin is trading below 21-periods EMA and 9-periods EMA which c...

Join Our Telegram channel to stay up to date on breaking news coverage The Hedera (HBAR) cryptocurrency project is at the forefront of efforts to develop a layer-1 blockchain suitable for business application that is also low in energy consumption. This has resulted in a day’s price increase of 8% for HBAR, which is rather remarkable. Do we have the momentum to finally get HBAR to $1? More about Hedera HBAR and Everything You Need To Know About It Hedera is a blockchain protocol with the potential to revolutionize the industry. Although several networks do exist, the vast majority suffer from some combination of ineffectiveness and vulnerability. Hedera, on the other hand, gives financiers access to a safe network with little costs, quick settlements, and high throughput. Hedera is not only useful as a transactional cryptocurrency, but it also offers smart contract capability akin to Ethereum’s. It’s now possible for programmers to take use of the network...