Whales Push Bitcoin Into Narrow Consolidation Range: What To Expect Next
Recent analytical insights from FireCharts 2.0 are indicating significant maneuvers by major stakeholders of Bitcoin—often referred to as “whales”—which are impacting the cryptocurrency’s price movements. These stakeholders are…
As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has…
Can Cardano (ADA) Bounce Back? A Closer Look at Its Recovery Potential
Cardano (ADA) corrected gains and tested the $0.4520 support zone. ADA must stay above the $0.450 support to start a fresh upward move. ADA price is struggling to gain bullish momentum above the $0.4750 zone. The price is trading below $0.460 and…
XRP Price at Risk: Will It Sink or Swim at Key Support Levels?
XRP price is moving lower below $0.5350 support zone. It is now testing key support at $0.5220 and remains at risk of more downsides. XRP is struggling to gain bullish momentum above the $0.5350 resistance zone. The price is now trading below…
Is Mt. Gox A Worry For Bitcoin? Crypto Analyst Weighs In
Bitcoin outflows from the Mt. Gox exchange have occurred in the past day, making some worry about potential bearish effects. Here’s what an analyst thinks. Mt. Gox Has Made Several Bitcoin Transactions In The Last 24 Hours During the past…
Is Solana Preparing For Liftoff Or Meltdown? Analysts Forecast SOL’s Future
After the recent market pump, Solana (SOL) recovered an important support zone. As a result, analysts have debated whether the altcoin is poised for a liftoff to a new all-time high (ATH) or about to face a meltdown. Analysts Fear SOL’s Top…
Can Ethereum Price Maintain This Support and Spark a New Increase?
Ethereum price started a downside correction below the $3,880 support. ETH is now testing the $3,760 support and might aim for a fresh increase. Ethereum started another downside correction below the $3,880 zone. The price is trading above $3,750…
XRP Price Moves To Break Out Of 7-Year Accumulation, Analyst Highlights Possible 1,200% Rally
The XRP price has been in a 7-year accumulation zone now and its failure to break out of this zone has been a constant worry for investors. However, it seems that the days of worry will soon be forgotten as one crypto analyst believes that the XRP…
Bitcoin Price Struggles to Reclaim $70K: Will the Bulls Prevail?
Bitcoin price struggled to stay above $70,000 and corrected gains. BTC is now trading below $69,000 and showing a few bearish signs. Bitcoin extended its downside correction below the $69,000 zone. The price is trading below $69,000 and the 100…
Bullish Outlook: Target Price Of $90,000 For Bitcoin By Year’s End, According To Bernstein
Bitcoin (BTC), the largest cryptocurrency in the market, has experienced price volatility amid its struggle to consolidate above the crucial $70,000 resistance line. Recent reports of the collapsed Mt.Gox exchange processing payouts to its…
Breaking Barriers: Dogecoin Could Double If Key Resistance Crumbles – Analyst
Dogecoin (DOGE) is currently at a pivotal juncture, confronting substantial resistance levels that could significantly impact its future price trajectory. Crypto analyst Ali highlights a critical resistance zone on DOGE’s chart. Despite the…
Ethereum Spot ETFs: Report Shows Grayscale Could Keep ETH Price Down With $110M Daily Outflows
A recent market report by research firm Kaiko noted how Grayscale’s Spot Ethereum ETF could have a negative impact on Ethereum’s (ETH) price. This is based on the firm’s expectations that Grayscale’s Ethereum Trust (ETHE) could follow a similar…
Bitcoin Inflow To Exchanges At 2016 Levels, Impact On Price Will Be Low Even If Mt. Gox Sells
Bitcoin briefly shot over $70,000 yesterday before plunging below $69,000 to spot rates. While there are hints of weakness, one analyst on X notes that inflow to exchanges like Binance and OKX is subdued, meaning that users are not keen to sell…
Chainlink’s Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead
Chainlink (LINK) has recently been identified as a significant influencer within the altcoin sector. Noted by crypto analyst Michaël van de Poppe, LINK’s market movements are increasingly seen as a barometer for the broader altcoin ecosystem…
Despite its unimpressive price action, crypto analysts have maintained faith in the XRP price, offering bullish price predictions for the crypto token. This time, crypto analyst BarriC has predicted that XRP’s price reaching four figures will…
Ethereum Deposits At 4-Month High: Whales Preparing For Selloff?
On-chain data shows that the Ethereum exchange netflow recently spiked significantly, a sign that could be bearish for the cryptocurrency’s price. Ethereum Exchange Netflow Registered A Large Positive Spike Recently In a new post on X, the…
$2.9 Billion In Mt. Gox Bitcoin On The Move For The First Time In 5 Years, Where Is It Headed?
Mt. Gox, a bankrupt Bitcoin exchange based in Shibuya, Tokyo, Japan, has executed a large-scale Bitcoin transfer to several unknown wallets. This move has effectively spooked the broader cryptocurrency market, sparking concerns about potential…
Bullish Bitcoin: Expert Cites $123,832 Target Based On Past Trends
Amidst positive sentiment surrounding the cryptocurrency market, well-known crypto analyst and enthusiast Crypto Con has offered a bullish overview of Bitcoin by identifying historical patterns that indicate that the price of BTC might rise to…
Forget Fear, Embrace Greed? Bitcoin Soars As Sentiment Turns Red Hot
Bitcoin (BTC) continues its captivating dance near its all-time high, leaving investors to ponder whether it’s a victory lap or a prelude to a potential tumble. While the price sits stubbornly around $68,000, new data reveals a market…
Why The Bitcoin Halving Is Not Priced In And What’s Next: Expert
In his latest video update on YouTube, renowned crypto analyst Rekt Capital delved into the complex dynamics surrounding Bitcoin’s halving events, articulating a compelling case for why the market has yet to fully price in the halving which…
FanTV onboards 1 million+ new user accounts to Sui
FanTV, fastest-growing socialFi dApp went live on Sui Mainnet last week Sui’s total active accounts ballooned by an impressive 2.6 million in the past week, with FanTV contributing 48% of this growth Dubai, 28 May 2024 – FanTV, a…
Polkadot (DOT) has captured the attention of investors and analysts alike with its recent upward momentum. Currently trading at $7.41, the cryptocurrency has exhibited robust performance metrics that hint at further gains on the horizon. Market…
Floki Floats 22% On Marketing Blitz, Aims For ‘World’s Most Used Crypto’ Title
Floki, the self-proclaimed “Doge Killer,” is taking a bite out of the memecoin market with a bark and a marketing blitz. The Shiba Inu-inspired cryptocurrency announced plans for its most aggressive marketing campaign yet, sending its…
While Ethereum Shines, Top Analyst Reveals His Best ‘Under-Radar’ Altcoin
In a recent post on X, renowned crypto analyst Alex Wacy outlined his perspectives on the current state of the crypto market and his top pick for an “under-the-radar” altcoin following the recent price surge of Ethereum. Despite its…
Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%
The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after experiencing a brief 20% price correction that sent it as low as $56,400 in early May. This consolidation…
Ethereum Shifts Gears: Breaks Key Resistance, New All-Time Highs Next
Ethereum (ETH) is currently at the forefront of an impending market surge, as indicated by a significant technical breakout. According to crypto analyst Jelle, Ethereum has recently emerged from a bearish pattern particularly breaking out from the…
Solana (SOL) Eyes a Strong Comeback: Will the Rally Ignite a Surge?
Solana found support near the $160 zone. SOL price is slowly rising and might gain bullish momentum if it clears the $172 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading…
XRP Price Stuck in a Range: Will It Break Out Soon?
XRP price again struggled to continue higher above the $0.540 resistance. It is now consolidating near $0.5320 and might aim for an upside break. XRP is still facing many hurdles near the $0.5420 zone. The price is now trading near $0.5320 and the…
Injective (INJ) Buy Signal That Led To 700% & 555% Rallies Forms Again
An analyst has pointed out that Injective is forming a buy signal that previously led to 700% and 555% rallies for the asset’s price. Injective Is Forming A TD Sequential Buy Signal On Its Weekly Chart In a new post on X, analyst Ali Martinez…
Ethereum Price Continues Its Climb: Bullish Momentum Drives Higher Gains
Ethereum price extended its increase above the $3,900 resistance. ETH is now consolidating near $3,880 and might continue to grind higher in the near term. Ethereum started another increase above the $3,850 resistance. The price is trading above…
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