XRP To Maintain Price Rally As Whales Reload Amidst Price Dip- Details
In the last week, the price of XRP increased by 35% as the general crypto market maintains a stellar performance stretching over the last two months. Interestingly, recent developments in the XRP market indicate a sustained bullish outlook for the prominent altcoin. Whales Accumulate $288 Million XRP As Price Slides To $2.22 In an X…
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…
Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details
Shortly after surging above $4,000 on December 6, Ethereum (ETH) has sunk into a state of consolidation showing no significant price action over the last day. With growing speculations over the altcoin’s next price movement, CryptoQuant analyst Burak Kesmeci has shared a report that suggests a sustained price rally by Ethereum. US Election Results Drive…
Dogecoin Sees Quiet Breakout As Data Signals Rally Continuation
Dogecoin has finally surged above the crucial $0.48 resistance level, briefly reaching $0.484 before pulling back slightly. This marks a significant development for the meme coin, as it had struggled to break past this level for weeks. The move has sparked renewed optimism among traders and investors who see potential for further upside. Key data…
PEPE Hits New All-Time High, Market Cap Surpasses $10 Billion
This bull cycle has been filled with the craze of meme coins, with prominent platforms like Pump.fun spawning new tokens almost every day. At the same time, popular meme coins, like Dogecoin, Shiba Inu, and PEPE, have continued their exponential growth trajectory. PEPE, for instance, has now forged a new all-time high price of $0.00002644…
Bitcoin Price At Crossroads: Will It Stabilize and Surge Again?
Bitcoin price recovered losses and climbed above $95,000. BTC is now consolidating and facing hurdles near the $101,250 resistance zone. Bitcoin started a fresh increase after it dropped toward the $90,000 zone. The price is trading below $100,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support…
Ethereum Price Struggles Beyond $4K: Will the Bulls Return?
Ethereum price corrected gains from the $4,080 resistance zone. ETH is now trading below $4,000 and showing some bearish signs. Ethereum started a downside correction from the $4,093 high. The price is trading above $3,920 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,965…
XRP Price Shows Resilience: Holding Strong and Eyes Another Surge
XRP price remained in a positive zone above the $2.40 zone. The price is consolidating and might aim for a fresh increase above the $2.60 level. XRP price started a downside correction from the $2.65 resistance zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a key bullish…
Cardano (ADA) Battles Resistance: A Fresh Surge In Sight?
Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels. ADA price started a pullback after it failed to stay above $1.30. The price is trading below $1.20 and the 100-hourly simple moving average. There is a key bearish trend line forming with…
Bitcoin Traders Retain High Leverage Amidst Decline In Funding Rates – Details
After hitting the $100,000 milestone, Bitcoin suffered a sudden price crash on Friday resulting in an estimated price loss of 7%. During this decline, the asset’s perpetual funding rates in the derivative markets took a hit. However, traders may yet retain enough leverage to strongly influence price volatility. Bitcoin Short-Term Outlook Uncertain Due To Heightened…