Bitcoin has been struggling to break through the $61,500 resistance zone, which has resulted in a fresh decline in its price. BTC is currently retesting the $58,000 support level and may soon make another attempt to increase its value. Looking at the technical indicators, Bitcoin is trading below $60,000 and the 100 hourly Simple Moving
Analysis
The Ethereum price has been struggling to clear the $2,750 resistance level, indicating a potential bearish trend. Despite starting a fresh decline from this resistance, there seems to be a consolidation phase near $2,635, suggesting that the price is at risk of more downsides. The hourly MACD for ETH/USD is losing momentum in the bullish
Aayush Jindal is a prominent figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His reputation as a skilled technical analyst and trusted advisor to global investors is well-established. Aayush’s journey to success began at a young age, where his natural talent for understanding complex systems and patterns
In a recent analysis by crypto analyst Javon Marks, a bold price forecast was issued for the XRP price, the native token of the XRP Ledger. Marks predicts a massive 42,000% breakout in XRP’s price, potentially pushing the cryptocurrency beyond the $250 mark. This projection is based on Marks’ chart analysis, which indicates that XRP
Recently, crypto analyst Amonyx made a bold price prediction for XRP, suggesting that the cryptocurrency could potentially reach double digits in the future. This forecast comes at a time when XRP has been underperforming, despite the resolution of the legal battle between Ripple and the US Securities and Exchange Commission (SEC). According to Amonyx’s analysis,
Growing up in Edo State, Nigeria, I was fortunate to have a supportive family consisting of my parents and three siblings who guided me through life’s ups and downs. However, it was my encounter with the world of cryptocurrency three years ago that ignited a spark within me. Witnessing a friend reap significant gains from
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning 15 years in the realms of Forex and cryptocurrency trading. Known for his exceptional proficiency in providing technical analysis, Aayush has established himself as a trusted advisor and senior market expert for investors worldwide. His keen insights and astute
Bitcoin price has recently shown signs of recovery, breaking above the $60,000 resistance zone. However, the cryptocurrency is facing hurdles in clearing the $61,200 and $61,500 resistance levels. This indicates a crucial point in the market as investors are closely monitoring if BTC will be able to surpass these barriers. Technical Indicators The hourly MACD
Ethereum has recently experienced a steady increase in price, surpassing the $2,650 resistance level. This surge in value has positioned Ethereum ahead of Bitcoin and has investors speculating on the potential for an even greater rally towards the $3,000 resistance zone. Upon analyzing the hourly chart of ETH/USD, it is evident that Ethereum has initiated
Recently, a crypto analyst shared an optimistic outlook for XRP, the native token of the XRP Ledger, predicting a potential rally of up to 10,400% with a price target of $60. The analyst expressed bullish optimism about XRP’s future price, indicating that the cryptocurrency could be on the verge of a significant breakout. This anticipated