Reasons Why XRP’s Technical Structure Favors Upside Than Down Over Next 6 Months
XRP’s recent pullback to $2 has not changed the broader technical picture, according to a new analysis shared on X by crypto analyst Egrag Crypto. Despite the lack of bullish price action in recent weeks, the technical analysis proposes that the market structure continues to favor an upside continuation rather than the trend ending. This…
Ethereum Forms Wyckoff Breakout Setup: $10,000 Price Target Back In Focus
A recent technical analysis shared on X by crypto analyst Merlijn The Trader presents Ethereum’s price action on the 2-day candlestick chart as a textbook example of Wyckoff accumulation. In his assessment, Ethereum has already moved through several key stages of the model and is now approaching a powerful expansion phase, provided the structure stays…
Dogecoin Triangle Support Test Maps Out Recovery Roadmap And When To Sell
Dogecoin (DOGE) is testing the lower boundary of a long-term triangle pattern, a move that could determine its next major price direction. A new technical analysis highlights a roadmap with key recovery levels and outlines a potential timeframe when selling and profit-taking may become favorable. Dogecoin Triangle Pattern Signals Recovery Path In a recent X…
XRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally
XRP has struggled to create any upside traction over the past few days, with the price rejecting above $2.15 in the middle of the week and now back to lingering just above the $2 level. A new long-term technical comparison shared by crypto analyst ChartNerd places XRP’s price behavior since its July all-time high of…
Crypto Exchange Binance To Assist Pakistan In Tokenizing $2 Billion In Government Bonds
As Pakistan continues to deepen its involvement in the digital asset landscape, the country has signed a memorandum of understanding (MoU) with crypto exchange Binance, aiming to explore the tokenization of up to $2 billion in sovereign bonds, treasury bills, and commodity reserves to enhance liquidity and attract foreign investors. $2 Billion Asset Tokenization Initiative…
Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses
A recent report from BitcoinTreasuries.Net highlights significant challenges faced by Bitcoin-focused treasury companies since November. The findings revealed that the vast majority of these firms are now grappling with substantial unrealized losses, prompting many to sell off considerable amounts of their Bitcoin holdings. Market Struggles Continue In a sample analysis of 100 companies with reliable…
Crypto Market Dips: The Reasons Behind Bitcoin Plunge Below $90,000 Despite FOMC Optimism
On Thursday, Bitcoin (BTC) once again fell below the critical $90,000 mark, even after what many had anticipated to be a bullish event stemming from the US Federal Reserve’s (Fed) decision to cut rates by a quarter point. Analysts from Bull Theory note several factors contributing to this unexpected downturn. Bitcoin Sell-Off Amid Market Unease…
Altcoins Struggle, But Technical Analysis Says A Major Opportunity Is Forming
The latest market conditions have pushed hopes of an altcoin season even further out of reach. Bitcoin continues to dominate the market with a 59.6% share, and its recent struggle to hold bullish momentum has not translated into any meaningful boost for altcoins. Broader sentiment has weakened as well, with the CMC Altcoin Season Index…
Dogecoin’s Dozen Years: King Of Meme Coins Marks 12th Birthday In Rough Markets
Dogecoin has just celebrated its 12th anniversary, a milestone that arrives during a period of shaky price action. The meme coin has spent the majority of recent days trading with a bearish tone, but its anniversary places into perspective how much the crypto environment has changed since the token’s joke-related launch in 2013. The celebration…
Forget Bitcoin, The Uber-Wealthy Are Now Rapidly Buying XRP: CEO
Jake Claver, CEO of Digital Ascension Group, says ultra-wealthy families are rapidly accumulating XRP, and he believes most XRP holders still don’t realize how rare their position is. In a video posted on X, Claver revealed that his firm has been in recent conversations with large family offices that are now making significant allocations into…