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Crypto traders and several metrics suggest that an altcoin season is nowhere to be seen as institutions help Bitcoin strengthen its grip on the market. Most altcoins are currently displaying bearish patterns that suggest “altcoin season” is not coming, according to numerous analysts, as Bitcoin dominance begins to rise again. Key takeaways: The Supertrend indicator…
XRP price risked a 15% drop to as low as $1.73, fuelled by collapsing transaction fees, reduced speculator appetite and a weakening technical structure. XRP’s (XRP) drop toward $2 was preceded by a significant drop in transaction fees, which analysts said may fuel a deeper price correction. Key takeaways: XRP transaction fees have dropped to…
XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on Bitcoin’s short-term performance? XRP (XRP) defended its $2 psychological floor this week, rebounding nearly 6% on Tuesday after a brief liquidity sweep on Monday. While…
Collapsed Ethereum treasury demand and stiff overhead resistance between $3,100 and $3,200 stood in the way of Ether’s recovery to $4,000. Ether’s (ETH) price traded at $3,077, up 17% above its local lows of $2,620 reached on Nov. 21. However, reduced treasury buying and overhead resistance delayed sustained recovery toward $4,000. Key takeaways: Ether treasury…
XRP ledger activity has slumped over the past four months, increasing the downside prospects for XRP price to drop to $1.55. Key takeaways: XRP validates a bearish descending triangle, risking a 25% drop to $1.55. A bearish divergence from the weekly RSI points to increasing downward momentum. Read more If you liked the article, do…
Despite SOL’s rebound above $200, Solana faces slowing network activity and stronger rivals like BNB Chain and Hyperliquid. Is $300 before year-end possible? Key takeaways: SOL recovered above $200, but weak onchain activity and rising competition limit the odds of a sustainable rally. Traders show little bearish conviction, yet stagnant network growth and shifting market…
Several altcoins, including ATOM and IOTX, briefly hit zero on Binance during Friday’s crypto crash but stayed afloat elsewhere. Key takeaways Some altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash. The same altcoins held real market value on other centralized crypto exchanges. Read more If you liked…
XRP price risked a 22% drop to $2.20, fuelled by selling from whales, increased supply on exchanges, and a weakening technical structure. Key takeaways: Large investors have been selling $50 million in XRP daily as XRP price dropped back below $3. XRP’s descending triangle targets $2.20. Read more If you liked the article, do not…
Ether’s short-term correction may set the stage for a larger upside move as ETH’s liquidity metrics turn increasingly favorable. Key takeaways: Ethereum failed to break $4,800, with a bearish divergence leading to a 3% correction. Spot selling pressure rose, but leveraged traders remain active. Read more If you liked the article, do not forget to…
XRP price must hold above $2.75 to ignite a recovery in October, which could be triggered by spot ETF approval and the potential influx of institutional capital. Key takeaways: XRP holds above a critical level in September, raising hopes about a potential recovery in October. Breaking above the $2.81 resistance is key, with technicals projecting…