Cardano

Solana

Bitcoin

Polkadot

Standard

<p> Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. </p> 
<p class="is-style-lead">In the last few days, Bitcoin has been on a rollercoaster ride. The coin recently dropped to $42,000 before surging to $47,000 a few days later. However, there are hints that a stronger bull market is coming.</p> 
<p>For the first time since 2016, Bitcoin is attempting to create a bull cross. Meanwhile, Cardano (ADA), Solana (SOL), and Pullix (PLX) are altcoins that can benefit from this bull signal.&nbsp;</p> 
<h2 class="wp-block-heading" id="bitcoin-forms-first-bull-cross-since-2016">Bitcoin forms first bull cross since 2016</h2> 
<p>For the first time in eight years, the 21-period EMA is attempting to cross the 50-period SMA on the daily chart.&nbsp;</p> 
<p>The last time this happened was in June 2016, culminating with the price of Bitcoin topping $20,000 by December 2017.</p> 
<p> You might also like: <a href="https://crypto.news/analyst-says-nothing-bearish-on-bitcoin-charts/"> Analyst says nothing bearish on Bitcoin charts </a> </p> 
<p>This is not the only bullish sign in the market. With spot Bitcoin ETFs approved and Bitcoin halving less than three months away, prices might continue rallying.</p> 
<p>According to Standard Chartered, BTC may break above $200,000 by 2025.&nbsp;</p> 
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   <p lang="en" dir="ltr">Standard Chartered posting some moon math! $200,000 coming <a href="https://t.co/IQueMhjgiP" target="_blank">pic.twitter.com/IQueMhjgiP</a></p>— Lark Davis (@TheCryptoLark) <a href="https://twitter.com/TheCryptoLark/status/1744521673158909969?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 9, 2024</a>
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<p>If BTC rallies, top altcoins will likely follow suit.</p> 
<h2 class="wp-block-heading" id="solana-to-hit-500">Solana to hit $500?</h2> 
<p>Solana had an impressive rally in 2023, with its price increasing over 900% to trade above $100. While this growth is substantial, some indicators suggest <a href="https://crypto.news/solana-meme-coin-dogwifhat-soars-70-amid-buzz-of-potential-binance-listing/" data-type="post" data-id="14237017">Solana</a> could see further gains.</p> 
<p>The Moving Average Convergence Divergence (MACD) indicator and Solana’s positioning above its 200-day Exponential Moving Average (EMA) line both signal upside potential.&nbsp;</p> 
<p>Considering the possibility of an overall crypto market rally, some analysts believe Solana’s price could surge above $500 in 2024.</p> 
<h2 class="wp-block-heading" id="cardano-has-resistance-at-1">Cardano has resistance at $1</h2> 
<p>Cardano has been capped below $1 since April 2023.</p> 
<p>However, crypto analyst Ali Martinez predicts that the price of Cardano will soon exceed $1.</p> 
<p>In his latest analysis, Martinez compared Cardano’s current price movement to 2018-2020.&nbsp;</p> 
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   <p lang="en" dir="ltr">So far, <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Cardano</a> price action is echoing its 2018-2020 pattern!<br><br>If this trend continues, we might see <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ADA</a> consolidating around its current levels until April, setting the stage for a potential resumption of the bull run. <a href="https://t.co/bMy8zrxQIp" target="_blank">pic.twitter.com/bMy8zrxQIp</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1744508532488065346?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 8, 2024</a>
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<p>Based on this comparison, he expects Cardano to breach $1.&nbsp;</p> 
<p>According to his chart, Cardano’s bull run could propel it to $6.</p> 
<h2 class="wp-block-heading" id="pullix-may-soar-in-2024">Pullix may soar in 2024&nbsp;</h2> 
<p>In addition to Cardano and Solana, another decentralized finance (defi) coin showing significant upside potential is&nbsp;<a target="_blank" href="https://pullix.io/" rel="noreferrer noopener">Pullix</a>.</p> 
<p>Whales have bought over $3.2 million worth of PLX and are excited about Pullix’s hybrid trading platform combining elements of decentralized exchanges (DEXs) and centralized exchanges (CEXs).</p> 
<p>This platform provides anonymity, low fees, and fast transactions – offering traders an improved experience.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/pullix-raises-2-5m-in-presale-uniswap-and-polkadot-rising/"> Pullix raises $2.5m in presale, Uniswap and Polkadot rising </a> </p> 
<p>Another driver of interest is that Pullix provides access to multiple asset markets like ETFs, currencies, indexes, commodities, and cryptocurrencies.</p> 
<p>This diversification opens up the massive over-the-counter and foreign exchange markets for Pullix.&nbsp;</p> 
<p>The daily foreign exchange market alone sees over $6.6 trillion in volume.&nbsp;</p> 
<p>This potential is why some analysts forecast PLX could surge in 2024.&nbsp;</p> 
<p>PLX is currently available for $0.08.</p> 
<h2 class="wp-block-heading" id="closing-thoughts">Closing thoughts</h2> 
<p>As Bitcoin fuels the bull market, Pullix, Cardano, and Solana are worth considering. PLX has attracted over 3,000 holders, fueling bullish predictions.</p> 
<p> Read more: <a href="https://crypto.news/pullix-presale-raises-over-2-5m-chainlink-and-stellar-bullish/"> Pullix presale raises over $2.5m, Chainlink and Stellar bullish </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

Bitcoin is bullish; Pullix, Cardano, and Solana positioned for gains

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