Solana (SOL) has shown strong upward momentum, breaching the $150 mark and the 50-day simple moving average, suggesting a potential 20% surge if it manages to surpass $162. In recent sessions, Solana’s price has climbed above the critical $140 resistance level amidst a broader bullish trend in the cryptocurrency market. A significant bullish signal was […]

XRP has shown resilience with a remarkable 25% price surge over the past week, demonstrating a robust recovery trajectory after dipping to $0.39 in July. This uptrend has reinvigorated market confidence, especially as XRP now trades above the $0.53 mark. Analyst Dark Defender’s bullish outlook is reinforced by the Fisher Indicator on the weekly chart, […]

Alan Santana’s recent analysis on TradingView suggests that Bitcoin may continue to face downward pressure, citing several key indicators. Santana emphasizes the importance of market psychology in predicting Bitcoin’s price movements. He notes that the current market sentiment lacks fear or panic, which typically accompanies market bottoms. According to Santana, this absence of negative emotions […]

Experienced trader Peter Brandt looks at a Bitcoin market structure that is similar to gold’s historical bull phases, suggesting the cryptocurrency could be on the verge of a serious 1/ Will the current Bitcoin chart become a daily chart fractal of …. Gold 2008-2009 Gold 2020-2024 pic.twitter.com/8kanoBzBk4 — Peter Brandt (@PeterLBrandt) June 18, 2024 In […]

Despite the approval of the Ethereum ETF, the ETH price has remained stagnant over the past two weeks, hovering between $3,700 and $3,840. This lack of movement raises questions about Ethereum’s impact on the market, especially when compared to the bullish trends seen in other cryptocurrencies. However, technical factors suggest a potential rally for Ethereum […]

Bitcoin’s recent price moves have caught traders’ attention, with technical analysis suggesting a potential bullish rally. At the time of writing, the price of Bitcoin is $67,200, with a daily trading volume of $38.7 billion. Despite the recent 1.3% drop, analyst Sjuul of AltCryptoGems pointed to a possible bullish “Cup & Handle” pattern forming on […]

Ethereum (ETH) has been in a downtrend since falling below $3,000 six weeks ago, signaling a potential continuation of the correction. Reports hinting at a possible rejection of applications for a spot U.S. Ethereum ETF added to market pessimism. Analysts predict even lower prices for Etherium if these ETF applications are rejected, in line with […]

Investors in Litecoin(LTC) saw positive movement in the coin’s price last week, signaling the potential for further gains. The recent surge has brought LTC to a critical level that could set off a broader uptrend. Data from CoinMarketCap shows that LTC’s price has increased by about 3% over the past week, although the value began […]

Litecoin (LTC) appears to be at a pivotal moment, suggesting a potential trend reversal. Currently, the Z-score of the market-to-value ratio (MVRV) derived from Glassnode’s data stands at -0.23. This metric measures the valuation of a cryptocurrency. A similar reading was seen around February 29, which coincided with LTC trading at $74.62. Within the short […]

Cardano’s network is showing optimistic signs that point to a potential spike in the price of the platform’s native token, ADA. Some cryptocurrency analysts predict that the ADA token could rise as high as $10 during this expected upswing. Analyst Ali Martinez recently highlighted the stability of the Cardano network. He pointed to various metrics […]