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Ether short-term holders are ramping up their profit taking as the price of ETH has climbed 43% in the past month. Ethereum holders are starting to take profits again as Ether has continued to hover around $4,300 and short positions suggest there’s some doubt of a continued rally. According to the onchain analytics platform Glassnode,…
Bitcoin maximalist Samson Mow predicts the ETH investors will rotate back to BTC, but previous market cycles suggest altcoin growth patterns will continue. Bitcoin pioneer Samson Mow predicts Ethereum investors will switch back to Bitcoin once ETH prices get high enough, potentially reversing a five-week surge in Ether. However, historical market cycle patterns could indicate…
Ethereum bulls make a strong case for an ETH price rally toward $10,000 or above in the next six to eight months. Key takeaways: Ethereum is breaking out across multiple bullish setups on the price chart. Analysts see ETH rising to $6,000 soon, with $20,000 possible within a year. Read more If you liked the…
Ethereum bulls make a strong case for an ETH price rally toward $10,000 or above in the next six to eight months. Key takeaways: Ethereum is breaking out across multiple bullish setups on the price chart. Analysts see ETH rising to $6,000 soon, with $20,000 possible within a year. Read more If you liked the…
Bitcoin is 31% undervalued versus its energy-based “fair” price, analysis calculates, as hash rate beats records. Key points: Bitcoin is heavily undervalued versus its “fair” price based on miner output. The Energy Value metric calculates that BTC should be trading at nearly $170,000 already. Read more If you liked the article, do not forget to…
A crypto trader said early Bitcoin investors very likely wouldn’t have the conviction to hold onto the cryptocurrency for over a decade through its many sharp corrections. The odds of an early Bitcoin investor buying the cryptocurrency when it was worth only a few cents and keeping those holdings until today to become a billionaire…
XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction. Key takeaways: After dropping 19% in three weeks, XRP faces strong resistance at $3.10-$3.00, with key support at $2.65. Whales have offloaded over 640 million XRP tokens since July 9. Read more If you liked…
Bitcoin ETF netflows may be key in gauging market appetite as exchange order-book liquidity puts $116,000 top of the list for bulls. Key points: Bitcoin bounces as liquidation guardrails appear above and below price, making $116,000 a key level to watch. Expectations call for BTC price support to hold above $110,000 should bears take control….
Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000. Key points: Bitcoin is trying to take support near $112,000, but higher levels are likely to attract selling by the bears. The deep pullback in several altcoins suggests the next leg of the…
BTC price is retesting a key support that previously triggered a 25% rally, potentially signaling a repeat move toward new all-time highs for Bitcoin. Key takeaways: Bitcoin’s 50-day EMA bounce aligns with a bullish pattern targeting $148,000. Old whale’s 80,000 BTC selloff marks third profit wave, often a prelude to a recovery. Read more If…