Analyst Says XRP Is Moving According To Plan, Here’s Why $1.90 Is Important

A crypto analyst has reaffirmed a bullish outlook for XRP, suggesting that the cryptocurrency’s price action is unfolding exactly as anticipated. The analyst points out that XRP is now approaching the critical support level at $1.90, which could signal a potential bullish reversal if the price manages to hold above it.  XRP Eyes $1.90 As… Continue reading Analyst Says XRP Is Moving According To Plan, Here’s Why $1.90 Is Important

Crypto Bears Rekt: $359M Gone As Bitcoin, Ethereum Rebound

Data shows the rebound in Bitcoin and other cryptocurrencies has punished the bears, triggering a massive wave of short liquidations. Crypto Sector Has Just Witnessed A Mass Liquidation Event According to data from Liquidation” refers to the forceful shutdown that any open contract has to go through if its losses exceed the threshold defined by… Continue reading Crypto Bears Rekt: $359M Gone As Bitcoin, Ethereum Rebound

CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday.  Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME)… Continue reading CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

XRP Price Reclaims Key Resistance — Are More Gains on the Horizon?

XRP price started a fresh increase from the $1.920 zone. The price is back above $2.10 and might struggle to continue higher above the $2.20 zone. XRP price started a fresh increase above the $2.050 zone. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. There was a break above a… Continue reading XRP Price Reclaims Key Resistance — Are More Gains on the Horizon?

Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else

Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past… Continue reading Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else

Ethereum Price Rebounds Strongly, Clears $2,350 Resistance With 8% Gain

Ethereum price started a fresh increase from the $2,120 zone. ETH is now up over 8% and might face resistance near the $2,460 zone. Ethereum started a fresh upward move above the $2,200 level. The price is trading above $2,250 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend… Continue reading Ethereum Price Rebounds Strongly, Clears $2,350 Resistance With 8% Gain

BNB Price Gathers Strength — Upside Potential Looms

BNB price is gaining pace above the $632 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading below $632 and the 100-hourly simple moving average. There was a break… Continue reading BNB Price Gathers Strength — Upside Potential Looms

Cardano Headed For $0.32 If This Level Isn’t Reclaimed – Is ADA’s Rally Over?

Cardano (ADA) has been struggling to hold some crucial levels over the month, falling to multi-month lows over the weekend. As the cryptocurrency attempts to hold a key support area, some analysts believe this make-or-break retest will determine its next big move. Cardano To See More Bleeding Cardano is recording a 4.5% daily increase after… Continue reading Cardano Headed For $0.32 If This Level Isn’t Reclaimed – Is ADA’s Rally Over?

This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode

The on-chain analytics firm Glassnode has highlighted the $97,000 to $98,000 zone as an important one for Bitcoin. Here’s why. Bitcoin CBD Suggests Build Up Of Supply In This Range In a new Cost Basis Distribution (CBD) is an indicator that measures the amount of the BTC supply that investors last purchased or transferred at… Continue reading This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode

Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow

Ethereum saw a notable decline in its price over the last week, and the weekend culmination pulled the price back towards levels not seen in over one month. The movement tracks with the established bearish trend of the month of June and continues to show mounting sell pressure on the cryptocurrency. However, with this decline… Continue reading Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow