XRP price extended gains and tested the $0.4880 resistance zone. The price corrected gains but the bulls are now protecting the $0.4765 support. XRP price is correcting gains from the $0.4880 resistance zone. The price is now trading above $0.4750 and the 100-hourly Simple Moving Average. There was a spike below a connecting bullish trend […]
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Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]
Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook, believing that the cryptocurrency will eventually pull out of bearish trends soon. Bitcoin To Hit $150,000 In 2024 In a recent interview […]
Ethereum price failed to climb above the $3,520 zone and corrected gains. ETH is now showing bearish signs below the $3,400 support zone. Ethereum started a downside correction after it failed to surpass the $3,520 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]
Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern. Bollinger Bands Signal 200% Bitcoin Surge According to the analyst, the Bitcoin weekly Bollinger Band, a statistical chart characterizing the prices and volatility over time, has shrunk to its second-lowest width […]
The XRP price continues to remain suppressed under the heat of the Ripple vs. the United States Securities and Exchange Commission (SEC) legal battle. This suppressed price action has continued to discourage investors when its comes to the altcoin. However, not everyone has succumbed to the bearish pressure, as crypto analyst RLinda believes that the […]
On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a massive Pepe transaction has […]
Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the market faces a mix of bullish signs and potential headwinds. Retail Investors Return To Bitcoin In a recent social […]
At press time, Bitcoin is within a bullish formation and firm, rejecting attempts for lower lows despite slumping by roughly 20% in June. Though there is hope that prices will trend higher in June, one analyst thinks BTC is walking on a tightrope. For buyers to take over, it means BTC will defy its historical […]
On-chain data shows that selling pressure from Bitcoin miners has recently slowed down. This is significant considering the impact it could have on Bitcoin’s price heading into the third quarter of the year. Bitcoin Miners’ Selling Pressure Has Significantly Declined Referencing data from the on-chain analytics platform CryptoQuant, crypto analyst Crypto Dan noted that selling […]
In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the market approaches several key economic releases that could significantly influence the trajectory of major cryptocurrencies like […]
The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution. ENS: Price Explosion & Renewed Investor Interest ENS, the native token of […]
Shiba Inu (SHIB) has begun July on a positive note, with several on-chain metrics painting a bullish signal for the second-largest meme coin by market cap. These bullish developments could provide the much-needed turnaround for the meme coin, which had a June to forget. SHIB’s Burn Rate Surges By 16,854% Data from the burn tracking […]
Dogwifhat (WIF) has recently achieved a significant milestone by breaking through the $2.1 resistance level, generating bullish sentiment among market analysts. This pivotal breakthrough indicates potential for further upward movement and new highs. Analysts are optimistic about WIF’s prospects, forecasting continued strength and momentum in the market. As WIF surpasses this critical threshold, investor interest […]
The digital asset market is experiencing a wave of investor caution, with Ethereum leading the charge. CoinShares reports show a third consecutive week of outflows, with Ether sustaining the biggest damage. This negative sentiment in the top altcoin, coupled with sluggish trading volumes and regional outflows across the market, paints a picture of a market […]
Arthur Hayes, the co-founder of crypto exchange BitMEX, has recently offered a comprehensive analysis in his latest essay, “Zoom Out,” drawing compelling parallels between the economic upheavals of the 1930s-1970s and today’s financial landscape, specifically focusing on the implications for the Bitcoin and crypto bull run. His in-depth examination suggests that historical economic patterns, when […]
Dogecoin is stuck below the $0.1285 resistance zone against the US Dollar. DOGE is consolidating and might eye a fresh increase toward $0.1285 or even $0.1320. DOGE price is struggling to clear the $0.1285 resistance zone. The price is trading near the $0.1240 level and the 100-hourly simple moving average. There is a short-term bullish […]
The knitted-hat-wearing canine of the crypto world, Dogwifhat (WIF), is back in the spotlight. After a price slump in April, WIF has rekindled its meme magic, surging 21% in the past week and reigniting dreams of a $5 price target. Wags And Trades: A Market Rejuvenated The rally has been fueled by a potent cocktail […]
XRP price climbed higher and tested the $0.4840 resistance zone. The price corrected gains but the bulls are able to protect the $0.4750 support. XRP price is eyeing an upside break above the $0.4840 resistance zone. The price is now trading above $0.4720 and the 100-hourly Simple Moving Average. There is a connecting bullish trend […]
Bitcoin has been in a notable state of flux recently after recovering from the crash below $60,000 and establishing support above $61,000. However, with the pioneer cryptocurrency failing to completely beat important resistance points such as $63,500, bearish sentiment continues to dominate the market. Amid this, one crypto analyst has predicted that the Bitcoin crash […]