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The host of popular YouTube channel Coin Bureau says that an altcoin that has jumped 50% in the last week is one to keep an eye on for the next crypto bull market. In a new video update, the pseudonymous crypto analyst known as Guy tells his 2.16 million YouTube subscribers he&#8217;s keeping an eye [&#8230;]The post Altcoin That’s Up 50% in a Week Is Now One To Watch Ahead of Next Bull Cycle, Says Coin Bureau Host appeared first on The Daily Hodl.

Altcoin That’s Up 50% in a Week Is Now One To Watch Ahead of Next Bull Cycle, Says Coin Bureau Host

The Bitcoin price plunged sharply and broke below a major support level of $21,000. Likewise, Ethereum also lost over 2% to complete a 61.8% Fibonacci correction at $1,566. After Beijing said it had no plans to change its zero COVID-19 policy, US stock futures, cryptocurrencies and commodities fell in Asia on Monday. However, resilient Asian markets helped mitigate the selling....Read More: Bitcoin Price and Ethereum Hold Crucial Support, Arweave Gains Over 35% In A Week

Bitcoin Price and Ethereum Hold Crucial Support, Arweave Gains Over 35% In A Week

Most profitable cryptocurrencies of week determined by Instagram & FIFA World Cup

Arweave & Chiliz Partnerships Make Them Most Profitable Cryptos Of the Week

AR, the native token of a relatively less-known decentralized storage service called Arweave, has gained over 45% over the past week amid the news that Meta has chosen the protocol to archive its creators' digital collectibles....Read More: Arweave Price Prediction as Instagram uses Storage Service, AR up 45% in 7 Days

Arweave Price Prediction as Instagram uses Storage Service, AR up 45% in 7 Days

After yesterday&#8217;s Federal Open Market Committee (FOMC), the Ethereum price and the crypto market have held their ground. Those market participants expecting a return to the previous range might be disappointed as macro-economic forces Related Reading: Arweave (AR) Rallies By Over 60%; Levels To Watch For Price Continuation At the time of writing, the Ethereum price trades at $1,540 with a 2% profit in 24 hours and a 2% loss in the previous seven days. Other cryptocurrencies in the top crypto top 10 by market capitalization follow this trend, but the majority record positive momentum. Ethereum Price Sustains Positive Outlook The current Ethereum price action has come as a shock for many market participants. As mentioned, market participants expected downside pressure after the U.S. Federal Reserve (Fed) reiterated its hawkish stance. However, the financial institution raised rates by 75 basis points (bps) within market expectations. The Fed and its Chairman Jerome Powell offered no surprise and will likely stay on their current course for 2022. Therefore, the crypto market can sustain its levels even as equities see losses. All major narratives in the nascent asset class have been suspended, at least until tomorrow, when the U.S. government will release new economic data. Talking about the recent price action in the crypto market, analyst Justin Bennet said: It would be ironic if markets rallied after Powell&#8217;s attem...

Ethereum Price Holds at $1,500, Why There’s Hope For The Bulls

AR&#8217;s price shows much strength after breaking out from its long downtrend movement. AR trade with good volume, breaking out from a downtrend as price eyes a rally to a region of $27. AR&#8217;s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA) but faces resistance at 200 EMA. Arweave (AR) price showed some great price action as the price rallied from its weekly low of $8 as the price fell from a high of $90 in recent months. The crypto market has enjoyed a bit of relief across all assets, with Bitcoin (BTC) showing great traction, rallying and dragging the market. Arweave (AR) has enjoyed this relief bounce happening in the crypto space as the price of AR continues to show great price movement on all timeframes. (Data from Binance) Related Reading: Shiba Inu Price Forecast Points To Downbeat November For SHIB Arweave (AR) Price Analysis On The Weekly Chart The past week has seen many altcoins continue to produce over 200% gains over the past 7 days of breaking out of their range-bound movement, as many believe more hope could be settling into the crypto space once more. The new week has looked more promising for some altcoins, like AR rallying with over 60% in less than 24 hours, showing the price action and volume for buy orders. After dropping from its high of $90 some months back, the price of AR has maintained a downtrend price movement with little to no ho...

Arweave (AR) Rallies By Over 60%; Levels To Watch For Price Continuation

Web2 giant meta interrogates Arweave for storing digital collectibles on their social media platform Instagram causing a massive inflow in AR price. Moreover, this perpendicular growth assisted buyers in forming a bullish reversal pattern called the double bottom. Under the influence of this pattern, the altcoin should eventually rise above the $16.5 ceiling. Key points: The post Arweave Prices Skyrocketed 57%; Will This Rally Continue? appeared first on CoinGape.

Arweave Prices Skyrocketed 57%; Will This Rally Continue?

Meta has integrated decentralized data storage protocol Arweave to permanently store digital collectibles from Instagram.

Meta to use decentralized data storage protocol Arweave to store NFTs from Instagram

Like Reddit, Instagram turned to Polygon for its NFT plans, while attempting to offer users permanent storage through Arweave.

Polygon, Arweave Jump Double Digits as Meta’s Instagram Announces New NFT Tools

Arweave (AR) skyrockets 60% on Instagram integration news

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