XRP Ready For Next Bull Run? Here’s How This Analyst Arrived At $13 Target
After enjoying a modest recovery in the early weeks of April, the price of XRP appears to have settled around the $1.4 level. Interestingly, a popular analyst on the social media platform X has put forward an audacious target for the altcoin, projecting its price to reach $13 in the next cycle. However, the path…
Dogecoin Back At The Triangle Tip: Historical Trends Point To What Comes Next
Crypto analyst Trader Tardigrade is pointing to a setup that could define Dogecoin’s next major move. The Dogecoin monthly candlestick chart, which stretches back to 2014, shows a pattern that has played out with remarkable consistency, almost mechanical in nature. According to that structure, Dogecoin is now sitting right at the level where previous price…
Bitcoin Sees Renewed Demand From US Institutional Players — What’s Changing?
According to an on-chain analyst, Bitcoin has been witnessing a shift in investor behavior in one of its major markets, the United States. This shift in its market dynamics, according to the market pundit, might be key to sustaining the flagship cryptocurrency’s ongoing rally. Coinbase Premium Flips Positive Following Prolonged Weakness In the 25th April…
Bitcoin Price Advances Toward $80K, Upside Break Now In Focus
Bitcoin price started a fresh increase and cleared the $78,500 zone. BTC is consolidating and might aim for more gains above the $79,200 level. Bitcoin managed to stay above $76,000 and started a fresh increase. The price is trading above $78,000 and the 100 hourly simple moving average. There is a bullish trend line forming…
Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?
Ethereum price started a fresh increase and remained stable above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,365 zone. The price is trading above $2,370 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with…
XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move?
XRP price started a decent increase above $1.4350. The price is now consolidating gains and might aim for more gains above the $1.450 zone. XRP price started a steady increase above the $1.4340 zone. The price is now trading above $1.440 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with…
Bitcoin ‘Sharks’ Silently Accumulate Amid Market Uncertainty — Details
Over the past 24 hours, Bitcoin, the flagship cryptocurrency, has declined by 0.9% after a trading week with little to no price action. Although the market’s next direction remains largely uncertain, a recent analysis has provided insight into underlying investor activity that would dictate long-term price direction. Bitcoin Institutional Flows Reveal Strong Accumulation In a…
Solana Price Ready For A Big Move — Is It Time To Jump In?
The Solana price had a mixed performance over the past week, initially rising toward $90 before falling back to just above $85. According to a popular analyst on X, the altcoin is currently trading in an interesting zone, which could set the stage for a big price move. SOL Price Currently Within No-Trade Zone In…
Crypto Decentralization Myth Busted: ETH And USDT Freezes Unveil A Shocking Truth
Crypto pundit Star has highlighted that crypto decentralization is a myth, noting that crypto networks and firms can freeze funds. The pundit specifically alluded to the Tether freeze and Arbitrum’s move to freeze the crypto assets stolen by the Kelp DAO exploiter. Pundit Highlights Crypto Decentralization Myth In an X post, Star stated that centralization…
XRP Whale Outflow Dominance Climbs To 2024 Levels —Price To Follow?
The XRP price seems to have encountered significant resistance to its growth over the week. As of Wednesday, April 22, the cryptocurrency tried but failed to close above $1.4540, and subsequent movements did not even reach the resistance region. While the XRP price continues to struggle, recent on-chain analysis suggests momentum might be building right…