Posts

Showing posts with the label rallies

Toncoin (TON) Rallies 28%: New All-Time High In The Horizon

Image
Toncoin (TON) has displayed an incredible run over the last few days. The asset is up 1.1% in the daily charts, 28.1% in the weekly charts, and 19.8% in the 14-day charts. Despite the rally, TON’s price has dipped 0.2% over the previous month and 11.6% since March 2024 Also Read: Pi Coin Drops 24.13% Overnight—What’s Next for Investors? Source: CoinGecko Toncoin Outperforms The Market Source: Asia Crypto TON is currently outperforming market leaders, such as Bitcoin (BTC), Ripple’s XRP, and Solana (SOL). The resurgence is likely due to TON founder Pavel Durov being allowed to leave France for Dubai for the first time since his arrest in August 2024. Durov was apprehended due to allegations of failure to reduce criminal activity on Telegram. Also Read: Kava Up to 9.86%: Is This 24-Hour Rally Just The Beginning? The crypto market rallied after the latest FOMC meeting. The rally was likely due to The Fed keeping interest rates unchanged. Toncoin (TON) and other assets saw incre...

‘Coming in Hot’ – Top Trader Predicts Rallies for PEPE and One Solana Rival, Says Hard To Be Bearish on Many Altcoins

Image
An analyst known for making crypto bottom calls thinks that memecoin Pepe (PEPE) and one Solana (SOL) challenger are gearing up for breakout rallies. Pseudonymous analyst Bluntz tells his 273,500 followers on the social media platform X that PEPE and Sei (SEI) are among the market’s leaders after breaking out of bullish reversal patterns. “Many altcoins with blatant in-your-face accumulation going on here, extremely hard to be bearish in my opinion. SEI and PEPE are some standouts, in my opinion.”  Source: Bluntz/X Looking at SEI, the trader appears to suggest that the Solana rival has broken out from a rounding bottom pattern. The technical formation is often viewed as a bullish reversal pattern as it indicates that investors have accumulated the asset without allowing the price to move lower. At time of writing, SEI is trading for $0.30, down 1.44% on the day. As for PEPE, the trader shares a chart suggesting that the meme token has broken ...