Author Archives: ante

Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?

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On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the… Continue reading Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?→

XRP Price Dips Further: Key Support Levels In Jeopardy

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XRP price started a downside correction below the $2.20 zone. The price is now declining and might extend losses toward the $2.020 level. XRP price started a fresh decline below the $2.20 zone. The price is now trading below $2.180 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with… Continue reading XRP Price Dips Further: Key Support Levels In Jeopardy→

On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April

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Bitcoin’s recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum since then. At the time of writing, BTC is trading at approximately $94,305, reflecting a modest 1.3% decline over the past day. While price action has slowed,… Continue reading On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April→

Ethereum Price at Risk of Extended Decline as Bears Regain Control

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Ethereum price started a downside correction below the $1,850 zone. ETH is now consolidating and might drop further below the $1,785 support zone. Ethereum started a fresh decline below the $1,850 and $1,820 levels. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with… Continue reading Ethereum Price at Risk of Extended Decline as Bears Regain Control→

Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why

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An on-chain analyst has explained how Bitcoin could be in the middle of a decision point based on its supply cost basis distribution. Bitcoin Is Currently Retesting A Major Supply Cluster In a new UTXO Realized Price Distribution (URPD). The URPD is an on-chain indicator that tells us about what part of the BTC supply… Continue reading Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why→

TRON Accumulation Phase Detected—Major Price Surge Coming

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Despite ongoing consolidation across the broader crypto market, Tron (TRX) has managed to maintain a steady upward trajectory. The token has recorded a 2.6% increase over the past two weeks and is currently trading at $0.2495, reflecting a 0.7% uptick in the last 24 hours. This relative strength comes at a time when several major… Continue reading TRON Accumulation Phase Detected—Major Price Surge Coming→

Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total

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In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4.  This latest acquisition brings the company’s total Bitcoin holdings to 555,450 BTC, valued at approximately $38.08 billion,… Continue reading Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total→

Solana (SOL) Faces Continued Downside Risk—More Losses Likely

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Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support. SOL price started a fresh decline below the $150 and $148 levels against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There is… Continue reading Solana (SOL) Faces Continued Downside Risk—More Losses Likely→

Crypto Analyst Calls Wave 5 To Send XRP Price Above $6

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With the XRP price struggling to break out of consolidation, there is still a lot left for the altcoin to do before a definite uptrend can be registered. So far, it seems that the XRP price has already made its way through multiple support levels. However, a wave count is yet to begin that could… Continue reading Crypto Analyst Calls Wave 5 To Send XRP Price Above $6→

SUI Breakout To $4 Imminent? Analyst Says A Correction To This Level Could Come First

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SUI, one of the leading altcoins of this cycle, targets the key $4.00 barrier after its recent price surge. Amid its reclaim of key supports, an analyst suggests the cryptocurrency could retest a crucial level before its upcoming expansion. SUI Eyes 17% Jump Over the last two weeks, SUI has jumped nearly 85%, breaking above… Continue reading SUI Breakout To $4 Imminent? Analyst Says A Correction To This Level Could Come First→