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Showing posts with the label price analysis

Rounded Bottom Formation Shows When Dogecoin Price Will Begin ‘Flying’

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Dogecoin Price Vs. M2 Global Money Supply: The Trend That Points To $1 And $100s Of Billions In Market Cap

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Can XRP Hit a New Peak of $4 After September's Rate Cut?

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Ripple’s XRP token climbed to a new all-time high of $3.65 on July 18. The popular crypto hit a new peak after more than seven years. XRP’s price has fallen by more than 20% from its recent high. According to CoinGecko data, XRP is down 11% over the last week, 2.8% in the 14-day charts, and 16% over the previous month. Despite the correction, the asset has gained 0.7% in the past 24 hours and 387.7% since August 2024. Source: CoinGecko Will XRP Hit a New All-Time High After a Rate Cut in September? According to the CME FedWatch tool, there is an 81.2% chance that the Federal Reserve will cut interest rates by 25 basis points in September. A rate cut will likely lead to a surge in risky investments. Such a development could cause XRP’s price to surge. Source: CME While there is a high likelihood of an interest rate cut next month, it should be noted that the odds of a rate cut on CME’s FedWatch platform have significantly dipped over the last few days. The chances...

Crypto trader identifies the ‘ultimate buy zone’ for Ethereum

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Ethereum (ETH) has been trading within a broad consolidation range of $2,800 to $4,000 for nearly 10 months, signaling a phase of market indecision.  Notably, an Analysis by CredibleCrypto suggests this range could be an ideal entry point for investors, as Ethereum gears up for a potential breakout. Ethereum’s consolidation phase Currently trading near $3,189, Ethereum is positioned just above the lower boundary of its 10-month consolidation range. After briefly climbing to a local high of $3,716, Ethereum has undergone a correction, which analysts see as part of a broader accumulation process.  Picks for you SEC chair gets slammed for failed Bitcoin policies 48 mins ago XRP would trade at this price if it hits its all-time high ...

Ripple to dump $690 million from January’s unlock, moves all 300 million XRP

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Ripple moved all the 300 million XRP reserved for January’s budget in a single transaction, worth approximately $690 million. With that, the company sends a strong message to the market regarding what could be its dumping strategy for 2025. On January 9, at 8:16 p.m. UTC, Ripple sent 300 million XRP from the ‘Ripple (1)’ account to the ‘rP4X2h(…)’ address. This is a selling pattern that repeats every month, as Finbold reported throughout 2024, used to Ripple’s monthly XRP dumps. Since the transaction, ‘rP4X2h(…)’ has already moved 6 million XRP, still holding a 409.53 million XRP balance. Picks for you Donald Trump now holds over $11 million in crypto 2 hours ago Gate.io launches a startup airdrop program featuring a Camino Netw...

This indicator suggests Bitcoin is far from a bear market

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The cryptocurrency market has been on edge regarding Bitcoin’s (BTC) price movements, with lingering fears of a possible crash after the asset repeatedly failed to reclaim the $100,000 mark. Amid these concerns, an analyst has observed that Bitcoin may not be on the verge of a bear market based on historical price movements. Specifically, Ali Martinez highlighted that Bitcoin’s Relative Strength Index (RSI) shows the asset has yet to reach its peak in the current cycle, as he noted in a post on X on December 31. Picks for you Why MicroStrategy stock is crashing after another Bitcoin buying spree 2 hours ago Crypto trader turns $4.3k into $970,000 in a few hours 3 hours ago ...

Ripple To Break Consolidation? When Will XRP Claim Its $0.74 Level?

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Ripple is often dubbed an extraordinary crypto coin. The token has been through multiple legal battles with the US SEC and has emerged stronger after each discussion and debate. While the coin looks forward to adopting an institutional approach, XRP still has a long way to go, considering its low price pace and approach. Will it be able to ascend to newer price highs soon? Also Read: Solana (SOL) Predicted To Grow 5x To $776: Here’s When Ripple XRP: Recent Price Analysis XRP is currently at $0.6213, down 4% in the last 24 hours. The token was up 6% in the previous seven days as Bitcoin prospered to new price peaks, inviting massive funds into the domain. The cryptocurrency market is trading in bearish realms, as the Federal Reserve recently announced its fresh stance on interest rate cuts. Fed Chair Jerome Powell was recently seen mulling over the possibility of conducting another interest rate cut in November. The speculation surrounding the aforementioned development has weighed heav...

Ethereum bulls eye $4,000 as analysts warn of ‘major rebound’

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Ethereum’s (ETH) market dynamics are indicating a notable recovery following a recent downturn driven by fear.  After a sharp decline that pushed ETHUSDT below the $2,000 mark, the bulls have regained control, lifting the price back above $2,500. In this context, trading expert RLinda projected on August 11 that this recovery phase, despite recent volatility, shows a resilient bullish outlook for Ethereum. Further, it is supported by a promising technical setup visible on both weekly and monthly chart patterns. Picks for you Bitcoin sell-off alert as investors consider removing wBTC as collateral 2 hours ago AI predicts Silver price following CPI data release 2 hours ago ...

Bitcoin Price Prediction: BTC Tops $60K As Meme Coin Traders Flock To This Crypto Before It’s Too Late

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The Bitcoin price rose 1% in the last 24 hours to trade at $60,530 as of 09:55 p.m. EST, despite trading volume falling 28% to $32 billion. The price of Bitcoin jumped higher yesterday to soar over the $60K level, tracking a surge in broader risk-driven markets as the positive U.S. labor market helped soothe last week’s concerns that a recession was imminent. Bitcoin Price Could Still Rally According to the Bitcoin price Analysis on the 1-hour chart, BTC has been on a sustained rally in the last three days, rallying within the rising channel pattern. The bulls capitalized on the $50,000 support to push the token up, according to data from GeckoTerminal . BTC now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the uptrend. Moreover, after a recent crash, the Relative Strength Index seems to be rebounding from within the 50-midline level to trade currently at 54, which is an indication that BTC bulls are actively buying. BTCU...

Binance-related tokens see price surge ahead of blockchain week

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One of the year’s top blockchain and web3 events, Binance Blockchain Week, is set to begin tomorrow, Nov. 8. Ahead of the event, an X account which often reports on the movement of whales called Lookonchain, shared the prices of five Binance-associated tokens have seen a surge over the past month with double and triple-digit growth.  You might also like: Binance to list Bitcoin Ordinals’ token ORDI A look on chain According to a post on X from Lookon chain , a cryptocurrency on- chain data Analysis company, five tokens saw surge s, including BNB with an 18% increase, TWT rising by 77%, CAKE soaring 95%, XVS with a 43% uptick, and APX leading the charge with an impressive 178% growth. Notable on this list include Trust Wallet (TWT), a mobile cryptocurrency wallet that Binance acquired in 2018 that is now seeing a price resurgence ahead of its launch, and Pancake Swap, a decentralized exchange built on the Binance Smart Chain that boasts $1.484 billion in TVL. 1...