Ethereum price has taken a hit recently, extending its downside correction below the $3,800 support level. As a result, ETH is now approaching the $3,720 support and may be gearing up for a potential fresh increase. The decline in price came after Ethereum failed to hold above the $3,880 zone and is currently trading below
Analysis
Dogecoin recently experienced a corrective phase in its price action, with the cryptocurrency dropping to the $0.1620 support level against the US Dollar. This correction came after DOGE encountered resistance near the $0.1750 zone and formed a swing high at $0.1705. Following in the footsteps of Bitcoin and Ethereum, Dogecoin faced a downside correction that
The XRP price is currently holding the key support level at $0.5220, indicating a consolidation phase in the market. The bulls are eyeing a potential increase in the price, but this could be challenged if the support level is broken below. The struggle to surpass the $0.5350 resistance zone has kept the price below $0.5320
Bitcoin price has extended its decline below the $68,000 level, with BTC slowly moving lower towards the $66,250 support zone in the near term. The bears were successful in pushing the price below the $68,000 support, leading to a test of the $67,000 zone and forming a low at $67,100. Following this downward wave, the
XRP investors have been anxiously waiting for the coin to break out of its 7-year accumulation zone, and it seems that their patience might finally pay off. Crypto analysts such as Babenski and U-Copy have recently shared their insights on the future of the XRP price, giving hope to investors who have been holding onto
Despite the lackluster price action of XRP in recent times, crypto analyst BarriC remains optimistic about the future of the crypto token. BarriC boldly predicts that XRP will eventually reach the four-figure mark, setting a target price of $1,000. Drawing parallels to the price surges witnessed by other cryptocurrencies like Bitcoin, Ethereum, Litecoin, Solana, and
As Bitcoin continues its slow descent, the digital currency is facing significant challenges in breaking through the $70,000 barrier. Currently hovering near $69,500, BTC is struggling to make any significant gains. One of the major obstacles in Bitcoin’s path is the $70,000 zone, where the price is currently unable to break through. Additionally, the 100
Recently, XRP price witnessed a decline below the $0.520 support level, indicating a bearish trend in the market. However, the price is currently trading above $0.5250 and the 100-hourly Simple Moving Average, suggesting a potential reversal in the near future. Despite the downtrend, there is optimism surrounding an upside break above the $0.5320 resistance level.
XRP price faced a fresh decline after struggling near $0.5570, leading to trimmed gains and trading below $0.5350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.5320 on the hourly chart of the XRP/USD pair. Maintaining above the 100-hourly SMA is crucial to prevent a sharp
Uniswap Labs, known for its decentralized trading platform, is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC) over the classification of crypto tokens as securities. The New York-based firm has vehemently denied operating as an unregistered exchange and broker-dealer. Despite the SEC’s issuance of a Wells Notice indicating a potential