Ethereum Chart Confirms Bull Flag Breakout: $3,834 Target Comes Into View
Ethereum has finally touched the $3,000 price level once again after spending weeks trading in a narrow range beneath $2,800. This recent breakout, although brief, marks the first time Ethereum reclaimed this level since early February. According to technical analyst Merlijn The Trader, Ethereum’s next destination after breaking past $3,000 is already in sight. Bull…
Bitcoin Stalls After Rally: Will It Blast Through $125,000 Or Slip Back To $110K?
After a powerful breakout last week that pushed Bitcoin into a new all-time high of $118,667, the world’s leading cryptocurrency appears to be taking a breather. As of the time of writing, Bitcoin is trading around $117,953, slightly below its recent peak. The move followed a string of consecutive daily gains as bullish momentum swept…
Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRP
Ripple CEO Brad Garlinghouse previously projected that XRP could capture 14% of SWIFT’s volume, new estimates now point to even bolder targets. How Ripple Securing 20% Of SWIFT Could Impact XRP A XRP’s growing potential to take on SWIFT in cross-border transactions. Ripple’s ambitions in the global financial infrastructure are becoming more tangible, as new…
Bitcoin Breaks Records: What Miners and Leverage Traders Are Doing Behind the Scenes
Bitcoin has surpassed its previous all-time high, reaching $118,254 and marking a notable milestone in its price trajectory. This latest milestone comes after BTC’s former high at $111,000 levels in May, representing a 10% gain over the past week and roughly 5.9% in the last 24 hours. At the time of writing, Bitcoin is trading…
Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?
As the official public sale of Pump.fun’s token approaches, significant activity has emerged across decentralized derivatives exchanges, where large investors appear to be managing risk by taking early positions. Market potential volatility during the token’s initial coin offering (ICO), scheduled for July 12. Perpetual Market Signals Whale Hedging Strategy Three prominent wallets have collectively deposited…
Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels. Bitcoin Rally Faces Critical Test John Glover, the chief investment officer at crypto lending platform Ledn and a former managing director at Barclays Investment Bank, noted that the recent rally…
Bitcoin Traders Are Betting Against the Rally, Will It Backfire?
Bitcoin has continued to trade within a tight range just below its previous all-time high, showing recent signs of upward movement but falling short of reclaiming its peak price. The asset recorded a seven-day high of $110,307, but it has since cooled, with current trading levels around $108,311, representing a slight 0.3% drop over the…
Bitcoin Must Hold $106,000 And $98,000 To Avoid Breakdown
Bitcoin is currently after a volatile start to July. However, a closer look at on-chain data shows how fragile that position might be. Interestingly, two support levels, $106,738 and $98,566, are now the most important zones for bulls to defend. These levels represent clusters of addresses holding large amounts of Bitcoin, and losing them could…
Ethereum Ready For Explosive Breakout: $5,791 The Minimum Target–Analyst
Ethereum’s price action is gearing up for a surge of epic proportions, according to crypto technical analyst MasterAnanda on the TradingView platform. Ethereum has spent a majority of the past two months consolidating above the $2,425 support zone, in what might be an accumulation phase before a major breakout. Nonetheless, MasterAnanda’s analysis suggests that Ethereum…
XRP Eyes Breakout As Analysts Predict Rally Alongside Real-World Adoption
Despite its choppy price action in the past seven days, the mood in the XRP camp is increasingly bullish. Particularly, XRP is witnessing a wave of bold predictions from several top crypto analysts. This comes just as a major real-world asset tokenization project promises to increase demand and utility for XRP on a global scale…