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Showing posts with the label uptober

ETF Debate: October or Uptober? XRP’s Price Momentum Faces the Test

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Ripple (XRP) has long attracted attention and has thrived on speculation and attention. The time has been scrutinized hard, but it has always come out stronger, making its potential known to the world. The token is now standing at a great precipice of change, with nearly 18 ETF files waiting for approval from the US SEC. If these XRP ETFs were to gain approval this month, the current Ripple price momentum could surge dramatically, making October a true “Uptober” month for the token to bask in. Also Read: ‘Hold’ XRP, Say Majority of Crypto Analysts: What’s The Price Target? XRP ETF Narrative: Where Are We At? Source: CryptoSlate The XRP ETF debate is now gaining significant momentum, with 18 XRP ETFs in line to gain approval this month. The month of October is often touted as “Uptober” in crypto culture, with October historically being proven to be one of the most promising cryptocurrency months for the community to enjoy and explore. The token is now a prominent ETF member, with projec...

Bitcoin bull cycle ‘didn’t even start yet’, says analyst

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Bitcoin (BTC) might have reached new all-time highs in 2024, but the pioneering cryptocurrency has seen a period of sideways trading since March, struggling to decisively breach the psychologically important barrier of $70,000, and at times dropping to as low as $54,000. As it stands, the long-awaited month of ‘Uptober’, which was supposed to ignite a renewed bull run, is unlikely to materialize.  At press time, BTC is trading at $68,930 — having rallied by 5.16% over the course of the last thirty days. Picks for you Crypto trader turns $3.5k into $3.2 million in two days, for a 914x return 1 hour ago Here's why Silver's bull run hasn't even started 1 hour ago ...

Uptober: Indicators suggest the 2024 crypto bull market is back

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The long-awaited Uptober could have finally started as Bitcoin (BTC) and the cryptocurrency market break out of a seven-month downtrend. Indeed, 2024’s crypto bull market found a local top in March, downtrending since then until this point, indicating a reversal. Among the signals, there is an increased activity in meme coin trading with traders registering impressive gains, as Finbold reported. Also, benefiting from a current growing optimism, early investors have started to realize profit through strategic sales. These are common indicators of a first impulse wave after a period of accumulation that usually precedes a bull market. Moreover, liquidity is re-entering the market, giving space to impressive transactions like a recent $1.4 million BAYC NFT purchase. Picks for you Tesla moves $760 million in Bitcoin; Here's what you ...