Archives par auteur loupleroux

Prominent market analyst with the pseudonym RugaResearch has drawn attention to recent developments with Bitcoin long-term holders (LTH) Spent Output Ratio (SOPR), indicating that these key participants are exiting their positions at a significant loss. Bitcoin LTH SOPR: Quiet Market Divergence The SOPR compares the price at which coins were last moved (cost basis) to […]

Bitcoin is showing signs of hesitation at the $66,000 level, with price action slipping into a tight, choppy range. Momentum on the upside continues to fade, and each attempt to push higher is met with weaker follow-through. Beneath the surface, liquidity remains stacked, suggesting the market may be quietly positioning for a move lower rather […]

New reports reveal that XRP’s supply on Coinbase has crashed to historical lows as investors and community members appear to be boycotting the exchange following the recent delay in the CLARITY Act. On the one hand, the recent movement shows joint unity among XRP holders as they collectively exit exchanges in protest. On the other […]

Adoption of Bitcoin and Ethereum is poised to take a significant step forward as Charles Schwab introduces direct trading for both assets on its platform. As one of the largest financial institutions in the world, managing trillions in client assets, Schwab’s entry into the crypto space represents a major bridge between traditional finance and digital […]

An interesting technical outlook frames the current Ethereum price action as a range-bound environment on the higher timeframe, where patience is going to dictate the next move.  The Ethereum price action is now at a sensitive zone, and according to crypto analyst Minga, the path to a genuine cycle bottom requires one more leg down, […]

The Chainlink price has failed to show any signs of bullish recovery since falling below the $10 level in early February. While these struggles have been spread across the general cryptocurrency market, there has rarely been any indication of optimism for LINK, as the altcoin sits nearly 70% adrift of its cycle high of $25. […]

A drop to 83 cents could be the setup XRP investors have been waiting for. Crypto analyst Egrag Crypto has identified a falling wedge structure in XRP’s price chart that spans nearly nine months, with the token trading around $1.30 after a prolonged slide. Based on the analysis, XRP may fall further before any significant […]

On Friday, April 3rd, the Ethereum Foundation staked over 45,000 Ether (ETH) tokens on the smart contract platform. This latest staking action brings the total amount of ETH locked by the foundation to roughly 69,500 coins, about 500 Ethers short of the foundation’s 70,000 staked ETH goal. Ethereum Foundation Stakes 45,000 Ether In A Single […]

The Bitcoin price recently broke down to $66,000, and a bearish retest of $69,000 has now been confirmed, two conditions that technical analysis shows are prerequisites for a move to $45,000. With both boxes checked, the path of least resistance is pointing to a considerably lower move, and the levels ahead will determine how this […]

Bitcoin traded within a range-bound spell throughout March, with prices briefly rallying to $75,000 before falling back within the boundaries of the $63,000-$71,000 range. However, despite this, Bitcoin price struggles within this consolidation phase; the underlying dynamics are telling an interesting story concerning who the current distributors of Bitcoin are. Short-Term Holders Dominate Sell-Side Pressure […]