Ethereum Funding Rates Hit Multi-Month Highs, But Is A Correction On The Horizon?
Ethereum, the second-largest crypto by market capitalization, has recently demonstrated strong bullish momentum, breaching above $4,000. It is worth noting that its price rally has been accompanied by a significant spike in its funding rates, a critical metric reflecting sentiment in the futures market. The metric, analyzed by CryptoQuant analyst ShayanBTC, has reached levels not…
Technical Analysis Puts XRP Price Above $5 In Next 3 Days, Whales Buy $288 Worth Of XRP
The XRP price is consolidating after a crazy 460% surge within four weeks that saw it breaking above $2.8 on December 3 for the first time since 2018. This consolidation saw the XRP price dropping to $2.22 on December 5 as many investors took some profits after the rally. Interestingly, on-chain data shows that XRP…
Shiba Inu Braces For Rally – Analyst Sees 35% Price Surge – Details
This past few days has been quite the week for Shiba Inu, the second-largest meme coin by market valuation. The token saw a minor drop following a rejection over the weekend, but it began the month of December strongly with a price increase on the 1st. Analysts continue to feel optimistic about the future for…
Countdown To $5 XRP: Engineer Predicts Milestone On ‘Strong Fundamentals’
After hitting a high of $2.82 last December 3rd, Ripple’s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap data shows. Last December 1st, XRP briefly went below $2.00 and has consolidated above this level for days. Like most digital assets in recent days, XRP is undergoing extreme market…
Dogecoin’s Big Question: How Far Can Its Price Rise By Year’s End?
Dogecoin continues to keep investors on edge with its evolving price dynamics. Trading at $0.4500 as of December 5, the memecoin has surged by an impressive 450% from its annual low. This rally has brought DOGE’s market capitalization to over $65 billion, making it one of the top contenders in the crypto space. The query…
Has Bitcoin Reached Its Cycle Top? Insights From Leading Analysts
Bitcoin experienced extreme volatility yesterday after reaching a new all-time high of $104,088 on Wednesday. What followed was a textbook “Darth Maul” candle on the daily chart, as BTC plummeted from $103,550 to as low as $90,500 before stabilizing. While some observers initially read the move as a harsh rejection at the psychologically significant $100,000…
Is Pepe Coin’s Next ATH Around The Corner? Whales Bet Big After Major Listings
Pepe is in the meme coin spotlight again. Binance.US and Coinbase, two of the major cryptocurrency exchanges, have added Pepe Coin to their trading platforms. Whales have been consuming enormous amounts of the token, generating ripples. Could this momentum take the meme coin to a new all-time high? Let’s investigate. Exchange Listings Generate Excitement Binance.US…
Hydra Outclasses Visa: Cardano Processes 2 Billion Transactions – Impact On ADA Price
Cardano, once again, has been at the forefront of innovations in the blockchain space through this latest feat. Hydra, a layer-2 scaling solution, has successfully performed 2 billion transactions in a mere four hours, surpassing Visa’s daily volume. This marks a historic day for Cardano, marking not only its technical prowess but also a strong…
Market Expert: Not Long On XRP? You’re ‘Disrespecting’ Yourself
Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark. A market observer even claimed that XRP is on track for a massive price rally in the ongoing digital asset bull market as many cryptocurrencies are hitting all-time highs due…
Hedera Breakthrough Moment: HBAR Rockets Over 800% – Details
The native coin of Hedera Hashgraph, HBAR, is the talk of the cryptocurrency market following an impressive price ascent. In a matter of four weeks, the coin reversed a bearish trend that had persisted for more than 1,000 days. With increased investor interest, experts are piling on the lofty price predictions, suggesting a rise in…