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Bitcoin’s drop below the $100,000 support pulled ETH, XRP, SOL, and HYPE lower, but a relief rally may be around the corner. Key points: Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open. Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective…
XRP price struggles due to declining open interest and weakening network activity, as a classic chart pattern points to a further downside for the altcoin. Key takeaways: Declining daily active and new addresses signal reduced network activity, less demand for XRP. XRP open interest is down 30% in a month. Read more If you liked…
Bullish fractals from 2017 suggest XRP could rally toward $3.70–$10, with some projections pointing to a breakout as high as $25 or more. Key takeaways: XRP has consolidated for nearly 200 days between $1.90 and $2.90, with analysts split on the next move. A 2017 chart fractal suggests a target between $3.70 and $10, with…
Bitcoin price pushed through a critical overhead resistance level, possibly opening the door to new all-time highs. Key points: Bitcoin opened the week with strength as bulls target new highs in BTC and altcoins. Many major altcoins are stuck in a range, but HYPE is showing signs of strength. Read more If you liked the…
Bitcoin is witnessing a tough battle between the bulls and the bears at $105,000, but several altcoins are showing strength with potential breakout setups. Key points: Bitcoin remains at risk of falling to $100,000, but the long-term picture remains intact. Focus shifts to select altcoins, which are on track to rise above their respective overhead…
Bitcoin is witnessing a tough battle near the $105,000 level, but the downside looks limited. Key points: Bitcoin risks a deeper correction to $100,000, but a positive sign is that Strategy and Mataplanet continue to accumulate. Ether and select altcoins are trying to bounce off their strong support levels, signaling buying on dips. Read more…
XRP ledger activity has dropped sharply in the past two months, increasing the downside prospects for XRP price to drop toward $1.70. Key takeaways: XRP forms an inverted V-shaped correction pattern on the daily chart, risking a 20% drop to $1.70. A bearish divergence from the weekly RSI points to increasing downward momentum. Read more…
Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested. Key points: Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000. Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels. Read more If you liked the article,…
XRP traders say it has the potential to rebound to $3.40 as the SEC begins a formal review of WisdomTree’s spot XRP ETF application. Key takeaways: XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential. SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on…
Bitcoin continues to be bought at each dip, but overcoming a critical overhead resistance could determine the next steps for many altcoins. Key points: Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue. Several major altcoins witnessed a pullback, but lower levels continue to attract buyers. Read more…