Bitcoin Vs. M2: Abra CEO Sees $130,000 As Liquidity Floods In
Bill Barhydt, the founder and chief executive of crypto-banking platform Abra, set Crypto-X alight over the weekend by reposting a collage of global M2-versus-Bitcoin charts first popularised by macro investor Raoul Pal and researcher Julien Bittel. “I’ve seen over a dozen posts with different versions of the global liquidity M2 vs Bitcoin price chart –…
Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH
Crypto pundit Crypto GEM has provided an ultra-bullish outlook for the Ethereum price, predicting that it could reach a new all-time high (ATH) this market cycle. Based on his prediction, ETH could record a 3x gain as it makes this parabolic run. Ethereum Price To Rally To $8,000 In an X post, Crypto GEM declared…
Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading?
Ethereum has been one of the top-performing crypto assets since early April, rallying more than 100% from its cycle lows near $1,600 to a recent high above $2,700. This sharp recovery positioned ETH as a leader in the broader market’s bullish trend, even sparking renewed discussions around a potential altseason. However, momentum now appears to…
Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling
Bitcoin (BTC) has experienced a noticeable retracement after recently achieving a record high above $111,000 last month. Currently priced at $104,115, the cryptocurrency has declined approximately 5.2% in the past 7 days, marking roughly a 7% drop from its peak price. This sudden decrease has sparked considerable attention among market participants, who closely observe potential…
Wave Count Analysis Reveals The XRP Price Trigger Point For Take-Off
The XRP price may be on the verge of a significant breakout, according to a new wave count analysis combining the Elliott Wave Theory and the Wyckoff reaccumulation principles. After months of sideways trading and corrective movement, analysts have pinpointed a critical price level that could serve as a trigger point for XRP’s next leg…
Bitcoin Warning Signs? Long-Term Holders Exit While Retail Buyers Rush In
As Bitcoin (BTC) retreats from its recent all-time high (ATH) of $111,814 – currently trading in the mid-$100,000 range – emerging on-chain data signals that the cryptocurrency’s strong momentum over the past month may be waning. Deeper Correction Ahead For Bitcoin? According to a recent CryptoQuant Quicktake post by contributor Amr Taha, the Bitcoin market…
Solana Down 13%, But This Indicator Just Turned Bullish
An analyst has pointed out how Solana has recently formed a signal on the Tom Demark (TD) Sequential that could imply a potential reversal for the asset’s price. Solana Has Seen A TD Sequential Buy Signal On The 12-Hour Timeframe In a new Tom Demark (TD) Sequential, a technical analysis (TA) indicator commonly used to…
Analyst Suggests Altcoin Recovery May Follow Bitcoin’s Final Cycle Stage—Here’s Why
Bitcoin continues to showcase resilience in the current cryptocurrency market cycle, consistently setting new records while many altcoins remain below their previous peaks. Currently trading just above $104,000, Bitcoin has recently retraced from its all-time high above $111,000, set last month. Contrasting Bitcoin’s consistent growth, Ethereum and other prominent altcoins have yet to surpass historical…
Monero (XMR) Jumps 11.5% Amid Crucial Support Retest – Analyst Eyes $420 Resistance
Privacy and security-focused token Monero (XMR) has seen an 11.5% surge in the daily timeframe, reclaiming the $360 support for the first time in a week. Some analysts suggest that holding its current range could send the cryptocurrency to a another retest of its historical $420 resistance. Monero Bounces From Range Lows Amid the crypto…
Analyst Explains Reason Behind Tron Price Sluggishness — Are TRX Bears Now In Control?
The Tron price has continued on its recovery path since reaching a bottom in mid-March, steadily climbing almost every week. Mirroring the improving crypto market sentiment, the price of TRX maintained a level of stability in its bullish momentum throughout the month of May as it slowly ascended to a local high above $0.28. However,…