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…
Chainlink Price Lags Under $9: Large Binance Inflows Suggest Further Sell-Side Pressure
The Chainlink price has failed to show any signs of bullish recovery since falling below the $10 level in early February. While these struggles have been spread across the general cryptocurrency market, there has rarely been any indication of optimism for LINK, as the altcoin sits nearly 70% adrift of its cycle high of $25.…
Ethereum Eyes Macro Bottom As Key Level Comes Into Focus: Analyst
An interesting technical outlook frames the current Ethereum price action as a range-bound environment on the higher timeframe, where patience is going to dictate the next move. The Ethereum price action is now at a sensitive zone, and according to crypto analyst Minga, the path to a genuine cycle bottom requires one more leg down,…