Ethereum Net Taker Volume Rises To Most Positive Level Since 2023 – Bullish Reversal Soon?
The price of Ethereum has been hovering around $2,000 for nearly a month, with the technical structure showing no clear path to recovery. According to the latest on-chain data, the “King of Altcoin” is witnessing a rare signal that could mean that it is at the beginning of a positive trend. ETH Net Taker Volume…
Analyst Identifies $63,000 As Key Support For Next Bitcoin Move
A popular crypto trader has come forward on the social media platform X to predict that the Bitcoin price might soon head further downwards to the $63,000 level. This prognosis is based on the liquidity dynamics that have, over the past few weeks, driven the flagship cryptocurrency’s price. Bitcoin Market Structure Suggests More Volatility Ahead …
Bitcoin Price Builds for Surge, Bulls Eye Explosive Breakout
Bitcoin price started a decent increase above the $68,000 zone. BTC is now showing positive signs and might gain further if it clears $69,250. Bitcoin gained pace for a move above the $67,500 and $68,000 levels. The price is trading above $68,500 and the 100 hourly simple moving average. There was a break above a…
Ethereum Price Charges Higher, $2,150 Resistance Under Threat
Ethereum price managed to stay above $2,020 and recovered losses. ETH is now rising and might attempt a move above the $2,150 resistance. Ethereum started a decent upward move above the $2,065 zone. The price is trading above $2,080 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line…
XRP Price Gains Ground, Traders Question Strength of Rally
XRP price started a recovery wave above $1.3200 and $1.3220. The price is now consolidating and might aim for a fresh move above $1.3480. XRP price started a recovery wave above the $1.3220 zone. The price is now trading above $1.3300 and the 100-hourly Simple Moving Average. There was a break above a bearish trend…
Analyst Who Called Bitcoin Top Says Price Is Going To $200,000, But Should You Buy Now?
Crypto analyst Doctor Profit, who called the Bitcoin top, has predicted that BTC could still rally to $200,000, marking a new all-time high (ATH) for the leading crypto. However, the analyst suggested now isn’t a good time to buy as BTC is still likely to drop lower. Bitcoin Still Going To Rally To $200,000 But…
Who Is Really Selling Bitcoin? Analyst Uncovers The On-chain Dynamics
Bitcoin traded within a range-bound spell throughout March, with prices briefly rallying to $75,000 before falling back within the boundaries of the $63,000-$71,000 range. However, despite this, Bitcoin price struggles within this consolidation phase; the underlying dynamics are telling an interesting story concerning who the current distributors of Bitcoin are. Short-Term Holders Dominate Sell-Side Pressure…
Bitcoin Price Breakdown To $45,000: The Levels To Watch Out For Next Steps
The Bitcoin price recently broke down to $66,000, and a bearish retest of $69,000 has now been confirmed, two conditions that technical analysis shows are prerequisites for a move to $45,000. With both boxes checked, the path of least resistance is pointing to a considerably lower move, and the levels ahead will determine how this…
Ethereum Foundation Nears 70,000 Staked ETH Target — Details
On Friday, April 3rd, the Ethereum Foundation staked over 45,000 Ether (ETH) tokens on the smart contract platform. This latest staking action brings the total amount of ETH locked by the foundation to roughly 69,500 coins, about 500 Ethers short of the foundation’s 70,000 staked ETH goal. Ethereum Foundation Stakes 45,000 Ether In A Single…
XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline
A drop to 83 cents could be the setup XRP investors have been waiting for. Crypto analyst Egrag Crypto has identified a falling wedge structure in XRP’s price chart that spans nearly nine months, with the token trading around $1.30 after a prolonged slide. Based on the analysis, XRP may fall further before any significant…