ETH whales uneasy as onchain, derivatives data reduce chance for rally to K

ETH whales uneasy as onchain, derivatives data reduce chance for rally to $4K

ETH investor sentiment wavers as onchain activity and bearish derivatives positioning leave whales unconvinced, reducing the odds for a rally to $4,000. Key takeaways: ETH derivatives exhibit a fading bullish appetite as Ethereum’s TVL declines and network fees decrease, reinforcing persistent risk aversion. US job layoffs climb, and seasonal hiring weakens, leaving traders waiting for…

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XRP price at risk of a 25% drop to .55: Here is why

XRP price at risk of a 25% drop to $1.55: Here is why

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…

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3 reasons why Bitcoin struggles to overcome each new overhead resistance level

3 reasons why Bitcoin struggles to overcome each new overhead resistance level

Bitcoin’s momentum loss continues as long-term holders add to the market selling pressure, and rising US dollar strength leads investors to reduce their exposure to risk. Key takeaways: Dormant Bitcoin holders moving large sums to exchanges raise concerns about long-term confidence amid growing concerns about the potential impact of quantum computing. Strong inflows into Bitcoin…

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