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
Analysis
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
Recently, Ethereum experienced a significant price surge, rallying over 20% amid hopes of an ETH ETF approval by the SEC. This surge in price led to ETH breaking through several key resistance levels, including the $3,500 zone. Following the breakout, Ethereum’s price is currently trading above $3,600 and is supported by the 100-hourly Simple Moving
Polkadot (DOT) has recently gained attention from crypto analysts who are optimistic about its future performance in the market. One such analyst, Michaël van de Poppe, has put forward a bullish narrative for the crypto asset. According to van de Poppe, Polkadot has the potential to rise to as high as $25 in the current
Dogecoin recently experienced a correction in its gains, testing the $0.150 zone against the US Dollar. However, it is now forming a base and there are indications that it might start a fresh increase above $0.1520. Despite jumping towards $0.160, the price corrected gains and is currently trading above the $0.150 level and the 100-hourly