Ethereum Price Stays Flat While Bitcoin Steals the Spotlight with New ATH
Ethereum price remained below the $3,500 resistance while Bitcoin rallied. ETH is consolidating above $3,120 and facing many hurdles. Ethereum failed to gain pace for a close above $3,450 and corrected gains. The price is trading below $3,300 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $3,370…
1 Million Bitcoin Pulled From Exchanges In The Past 3 Years: What It Means For The BTC Market
Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto…
XRP Price Resilience Shines: Is a Parabolic Move on the Horizon?
XRP price started a fresh increase above the $3.250 level. The price is holding gains and might start another increase if it clears the $3.180 resistance. XRP price traded toward the $3.35 level before it corrected some gains. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There is a key…
Dogecoin (DOGE) Dips: A Pause Before The Next Meme-Coin Rally?
Dogecoin started a downside correction from the $0.4050 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it clears the $0.3680 resistance. DOGE price started a fresh decline below $0.4050 and $0.380. The price is trading below the $0.3750 level and the 100-hourly simple moving average. There is…
Analyst Says Bitcoin Is Entering Second ‘Price Discovery Uptrend’, What’s Ahead For BTC?
As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000. Bitcoin Hits New ATH On Inauguration Day Last week, Bitcoin surged past the $100,000 barrier for the first time in over ten days…
XRP Breaks Out Of Bullish Flag Pattern – $4 Target In Sight
XRP has captured the crypto market’s attention with its impressive bullish performance, surging over 45% in just six days. The token’s rally reached a new milestone on Thursday as it broke its all-time high, solidifying its position as one of the top-performing assets in the market. With Monday’s inauguration of President-elect Donald Trump on the…
Coinbase Joins Push For US Bitcoin Reserve To Strengthen Economy
Coinbase, one of the leading cryptocurrency exchanges, has publicly endorsed the concept of a US Bitcoin reserve. This is considered a step toward making Bitcoin an essential strategic asset in the country’s financial future. Brian Armstrong, the CEO of Coinbase, has been very open about the need for stricter rules on cryptocurrencies. He has stressed…
Solana Experiences A ‘Scary Sweep’ After Breaking ATH – SOL To $600?
Solana (SOL) is trading at all-time highs after a dramatic 4-hour price sweep designed to shake out weak hands. Despite the scare, SOL has proven its resilience, surging over 62% since Monday in a rally that has captivated investors. The price action reflects Solana’s strength as it continues to outperform, with bullish momentum showing no…
Dogecoin ‘Power Of 3’ Pattern Enters Distribution Phase: Massive Bull Run Incoming?
Dogecoin seems to have finally return of greed sentiment into the crypto market. Intrestingly, technical analysis of the Dogecoin price chart shows that this greed sentiment is about to push the meme coin into a parabolic rally that would send it to new all-time highs. This rally is from a projection of the “Power of…
Coinbase Sees Rising Altcoin Interest As Traders Prepare For Big Moves
A popular cryptocurrency exchange platform foresees an outsized market rally for altcoins in the upcoming weeks after Donald Trump assumes the US presidency on January 20. A Coinbase analysis urged crypto traders to start positioning themselves in the altcoin space as a potential huge rally concerning altcoins is on the horizon. Coinbase Reports Rise Of Altcoins…