
SHIB’s 30% gain initiates a bullish reversal pattern and rumors of a major exchange listing and other developments have investors playing catch with the canine-themed meme coin.
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An on-chain indicator, notorious for accurately predicting Ether tops, returns amid the ongoing price rally.
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A falling wedge setup, as well as Amazon’s rumor to accept cryptos, also boosts Ether’s upside appeal.
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The cryptocurrency market recovered on Thursday after renewed endorsements from Elon Musk at the ‘B’ Word Conference Wednesday.
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The 72nd-largest cryptocurrency by market cap reached its two-month high amid a rally across exchange-based digital assets but faces downside risks due to overvaluation and thin volumes.
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Investment strategist Raoul Pal suggested traders should probably buy the Bitcoin dip as price crashes to two-month lows.
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