Ethereum Consolidates As Accumulation Trend Develops – New Bullish Phase Ahead?
Ethereum is under pressure after failing to break above the $1,874 high set on May 1st, a level that now acts as stiff resistance. As the broader crypto market begins to heat up, Ethereum remains stuck in a tight range, lacking the momentum to confirm a breakout. Currently trading just above $1,800, ETH sits at…
Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?
On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the…
XRP Price Still On Bullish Path To $5 As Long As This Level Holds
The XRP price continues to show strong bullish signals in the medium term, with a crypto analyst forecasting a significant move to a new ATH. Despite ongoing market fluctuations, the cryptocurrency continues to hold key levels, maintaining a bullish path toward the $5 target. Elliott Wave Maps Out XRP Price Path To $5 XForceGlobal, a…
Bitcoin Mining Giant Abandons Full-Hold Strategy, Unloads $40M In Crypto
Riot Platforms sold 475 Bitcoin worth $38.8 million in December as profit margins narrow throughout the mining sector. The Colorado firm, the second-largest publicly traded Bitcoin miner by market capitalization, sold the cryptocurrency at an average price of $81,731 per coin, Monday’s operations update disclosed. Mining Profits Narrow Following Bitcoin Halving Event The sell-off follows…
Bitcoin Price Bounces Back After Dip—Traders Eye Next Resistance Zone
Bitcoin price started a downside correction and tested the $94,000 zone. BTC is again rising and might aim for a move toward the $98,000 resistance. Bitcoin started a decent increase above the $95,500 resistance zone. The price is trading above $95,500 and the 100 hourly Simple moving average. There was a break above a connecting…
Bitcoin Price Forecast: Key Scenarios For Tomorrow’s FOMC Decision
With the Federal Open Market Committee set to announce its May 7 policy decision, Bitcoin traders face a macro‑driven inflection point that could define price action into the summer. The Federal Reserve, under Chair Jerome Powell, is all but certain to keep the fed‑funds corridor at 4.25 to 4.50 percent; CME Group’s FedWatch tool assigns a 98.2 percent probability…
Ethereum Price Regains Traction—Can Bulls Break Through the Barrier?
Ethereum price started a downside correction and tested the $1,750 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,800 resistance. The price is trading above $1,800 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line…
Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent?
According to a recent X post by crypto trader Coinvo, Ethereum (ETH) is ‘insanely undervalued’ at its current price. Several on-chain metrics appear to support Coinvo’s assessment, as ETH accumulation addresses continue to stack the digital asset despite lackluster price performance over the past few years. Ethereum May Be Due A Rally Soon Although ETH…
XRP Price Hits Resistance—Will the Bulls Push Through or Fade Away?
XRP price found support at $2.080 and started a fresh increase. The price is now facing resistance near $2.1650 and struggling to continue higher. XRP price started a recovery wave from the $2.080 zone. The price is now trading below $2.170 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…
LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000
The Bitcoin price faced a rejection following its surge to $97,000 last week. Technical expert Tony Severino has commented on this development and alluded to the LMACD indicator, which has revealed what is next for the flagship crypto. What Is Next For The Bitcoin Price After Rejection At $97,000 In an X post, Tony Severino…