Ethereum Upside Target Around $2,800 As Price Tests Key Resistance
Ethereum is testing a key resistance level around $2,640, and many analysts believe that breaking this point could trigger a significant surge in price. As the entire crypto market gains strength, optimism is growing among investors, who are eagerly waiting for Ethereum to catch up with Bitcoin’s recent rally. The sentiment is positive, and traders…
Bitcoin Leverage Ratio Witnesses Notable Spike — Bullish Or Bearish For Price?
Over the past week, Bitcoin (BTC) has been enjoying attention from all tiers of investors; from short-term traders to institutional players. This can be seen in the strong performance of spot Bitcoin ETFs in the previous week. Similarly, the Bitcoin derivatives market appears to be witnessing increased risk-taking behavior from traders as shown by recent…
Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again – Details
The US-based spot Bitcoin ETFs produced a magnificent performance in the past week recording $2.1 billion in net inflows. Meanwhile, their Ethereum counterparts have finally turned the corner registering their third positive weekly inflows since their trading debut in July. Spot Bitcoin ETFs Record Highest Daily Inflow Since June After a return to positive net…
Bitcoin Price Holds Above $68,000, But TD Sequential Sounds Sell Alarm
The Bitcoin price has not quite been able to replicate its midweek form over the weekend, hovering around the $68,000 level. Despite the quiet performance in the past day, the premier cryptocurrency has managed to hold its own above $68,000. However, a prominent crypto pundit on social media platform X has said that the price…
TRON Market Cap Hits Nearly $14 Billion On Strong Revenue Growth
TRON, with its native token TRX, has been on a tear in the last few months, with its impressive market cap growth. Based on Messari’s tracking for Q3 2024, TRX’s market capitalization increased by 24%, from nearly $11 billion to $13.5 billion. This marks the seventh consecutive quarter in which the token has increased its…
Crypto Analyst Sets 3 Major Targets For XRP Price, Going As High As 4,800% Return
Renowned crypto analyst, ‘Egrag Crypto’ took to X (formerly Twitter) to unveil three critical price targets for XRP in this bull cycle. Despite XRP price experiencing persistent stagnation, the analyst has projected a major price increase as high as 4,800% for the popular cryptocurrency. Major Resistance And Support Targets For XRP On 17 October, Egrag…
LayerZero Under Intensified Bearish Pressure, Halting Recovery Efforts
LayerZero (ZRO) is currently experiencing a tumultuous phase as its recent recovery attempts falter amid mounting bearish pressure. After initially showcasing potential, the altcoin’s upward momentum has stalled, leading to a possible downturn. With key support levels at risk and bearish forces gaining traction, the outlook for LayerZero’s recovery appears increasingly uncertain. In this article,…
Dogecoin Price Flashes Sell Signal After 10% Jump, Is It Time To Get Out?
Dogecoin, the world’s largest meme coin by market capitalization is now flashing a major sell signal, indicating that it may be time for investors to get out fast, and sell off their tokens before a potential decline. This sudden sell signal comes as the Dogecoin price jumped 10% following a recent comment by SpaceX and…
Bitcoin Whales ‘Grew Substantially’ During Last Dip, Data Shows Large-Holder Accumulation
Bitcoin nearly reached $69,000 yesterday, setting a new local high and further solidifying the ongoing uptrend that began in September. This price action has fueled optimism among analysts and investors, who now anticipate significant gains in the coming weeks. Investors believe Bitcoin is ready for a strong rally after seven months of sideways accumulation. Critical…
Could Bitcoin Break $100,000? Analysts Predict 6-Figure Milestone
Once again, Bitcoin has brought excitement to the cryptocurrency landscape as analysts predict an upward trajectory for the price of the alpha coin. The buzz of a Bitcoin price upsurge is making headlines as two crypto experts raised the possibility of it hitting the six-figure mark per coin, intensifying the discussion on the coin’s future.…