Analysis
What Technical Indicators Show About the Price of Ethereum
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 is Heading Towards $90,000 According to This Technical Model
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: $2,500 the Bears’ Next Target?
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 […]
Litecoin Price Forecast – What to Expect?
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 […]
Will Litecoin be Able to Make a Breakthrough Before Bitcoin’s Halving?
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 Shows Strength – is a $10 Surge Possible?
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 $10 during this expected upswing. Analyst Ali Martinez recently highlighted the stability of the Cardano network. He pointed to various metrics […]
Bitcoin’s Price May Fall Before April Halving
Rekt Capital, a well-known figure in the cryptocurrency sphere, has provided insights into the trajectory of the Bitcoin price leading up to the upcoming BTC halving event. #BTC There is one Pre Halving Retrace left But history suggests it may take place in late March or April$BTC #Crypto #Bitcoin — Rekt Capital (@rektcapital) February 11, […]
XRP on the Verge of a Serious Price Drop – Here’s What to Expect
Despite the overall downturn in the cryptocurrency market, which is mainly due to waning enthusiasm around the spot Bitcoin exchange traded fund (ETF), XRP is among the cryptocurrencies that are facing the most significant impact. The token recently suffered significant losses, dipping below the critical support level of $0.60. In response to this negative trend, […]
XRP Price Analysis – What You Need to Know
As the new week unfolds, the focus is on the potential approval of a spot Bitcoin (BTC) exchange traded fund (ETF), which could have significant implications for XRP and the broader cryptocurrency market. Crypto analyst Cryptoinsightsuk highlighted the impact of this event on XRP’s trajectory. While anticipating a potential breakout for XRP, the expert advises […]