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Bitcoin’s (BTC) Rainbow Chart has issued fresh insights into how the asset will likely start June, just days after clinching a record high. Notably, this comes as Bitcoin’s bullish run has hit a bump. The asset lost the $110,000 support after briefly soaring above an all-time high of above  $111,000 mid-week, a surge driven largely by institutional capital inflows. As of press time, Bitcoin was trading at $107,498, down 1.2% in the last 24 hours but up nearly the same value over the past week.  Bitcoin seven-day price chart. Source: Finbold Amid the current momentum, Bitcoin is approaching overbought territory as the 14-day relative strength index (RSI) reads 63.  However, the short- and long-term outlooks remain bullish, with the 50-day and 200-day simple moving averages (SMA) sitting lower at $94,730 and $86,569, respectively. Bitcoin price prediction for June 1 The Bitcoin Rainbow Chart, using a logarithmic growth curve to illustrate in...

The Official Trump price is down more than 25% in the past week following a 2% correction in the last 24 hours to trade at $27.52 as of 2.45 a.m. EST on trading volume that dropped 8% to $2.41 billion. The TRUMP price underwent a gradual decline over the past seven days. During this period, it rebounded off of the supports it encountered along the way, including the technical safety nets at $32 and $25. However, for most of the past week, the resistance at $30 prevented the meme coin’s price from rising any futher, so the meme coin remained between this resistance and the support at $25. Official Trump Price Prediction Despite its strong start on Jan. 18 and Jan. 19, TRUMP has been mostly declining ever since. Over the last 24 hours, it has traded sideways with small fluctuations. Its Bollinger Bands maintained a relatively consistent width yesterday, which changed over the last 12 hours when they started widening due to a sharp price surge. The Trump price pushed the upper b...

The Raydium price surged over 23% in the last 24 hours to trade at $5.58 as of 6:27 a.m. EST as traders FOMO buy the altcoin. The strong 24-hour performance posted by the RAY price comes after leading crypto exchange Binance announced that it would list the crypto on its futures platform. Following the announcement, Raydium has also emerged as the top performer over the last 24 hours among the biggest cryptos by market cap, beating the 20% gain posted by Bitget Token (BGB) during the same period. #Binance Futures will launch the USDⓈ-Margined $RAYSOL, $KOMA, $VIRTUAL, and $SPX Perpetual Contracts at 🗓️ December 10 2024, 12:00, 12:15, 12:30 and 12:45 respectively. Read more ➡️ https://t.co/lAGZsn3ytQ pic.twitter.com/0Ci10oB5OO — Binance Futures (@BinanceFutures) December 10, 2024 Raydium Price Attempting To Flip The $5.5581 Resistance 4-hour chart for RAY/USD (Source: GeckoTerminal) The Raydium price breached the resistance level at ...

The MAGA price surged over 41% in the last 24 hours to trade at $2.76 as of 7:27 a.m. EST as investors go long on the political meme coin . This recent gain in the TRUMP price was enough to push its weekly performance out of the red with a gain of more than 27%. However, the crypto remains 23% down over the past 30 days. The MAGA Price Exits A Consolidation Range 4-hour chart for MAGA/USD (Source: GeckoTerminal ) The MAGA price was able to break out of a consolidation channel between $1.6039 and $2.1853 in the last few hours. Now, the meme coin is attempting to overcome the major resistance level at $3.0252. A 4-hour candle close above this threshold within the next 12 hours could give TRUMP the foundation needed to rise to the subsequent mark at $3.4774. On the other hand, the MAGA price failing to close a 4-hour candle higher than $3.0252 within the next 12 hours could stop the crypto in its tracks. In a more bearish case, the altcoin might stand the risk of testing the recen...