As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. But, there are others who expect a “face-melting” upswing.Regardless of the ambiguity that the pioneer cryptocurrency presents, on-chain metrics reveal…
Ripple is currently consolidating above the $0.2100 support against the US Dollar. XRP price is showing bearish signs, but it could start a fresh increase as long as it is above the 100 SMA (H4).Ripple price is currently struggling to stay above the $0.2100 support against the US dollar.The price is facing a couple of…
Ethereum is struggling to gain bullish momentum above the $210 and $220 resistance levels against the US Dollar. ETH price remains at a risk of drop below $200 if it continues to struggle near $210.Ethereum is facing an uphill task near the $210 and $211 resistance levels.A crucial support is forming near the $197-$198 zone.There…
Bitcoin is trading in a positive zone above $9,150 and $9,200 against the US Dollar. BTC could start a strong rally if there is a clear break above $9,400 and $9,500.Bitcoin is slowly rising towards the key $9,400 and $9,500 resistance levels.There are high chances of a strong surge if the bears fail to defend…
The transparency of blockchain technology can be used to determine investors’ sentiment towards a given asset. By evaluating what large Bitcoin holders are doing, for instance, it is possible to estimate future price slumps or bullish impulses.Under this premise, Santiment, a behavior analytics platform, maintains that large BTC whales are preparing to push prices further…
Ripple is facing a couple of hurdles near $0.2220 against the US Dollar. XRP is likely to accelerate higher above $0.2220 unless the bulls lose control and the price drops below $0.2080.Ripple price is currently approaching the $0.2200 and $0.2220 resistance levels against the US dollar.It seems like a strong support base is forming near…
Ethereum is showing positive signs above the $202 and $200 support levels against the US Dollar. ETH price is likely to accelerate higher towards the $220 and $225 levels in the near term.Ethereum is trading nicely above the $202 and $200 support levelsThe price is currently attempting an upside break above $207 and the 100…
Bitcoin is struggling to gain bullish momentum above $9,000 against the US Dollar. BTC must climb above $9,200 to set the stage for a rally towards $10,000 in the near term.Bitcoin is trading in a broad range below the key $9,200 resistance zone.The price is consolidating above $8,800 and the 100 hourly simple moving average.There…
A prominent analyst within the crypto community suggested that Ethereum’s price action seems to resemble the way Bitcoin was behaving between 2015 and 2018. Under such circumstances, the chartist implied that ETH can surge up to 63x in its next bull run.The smart contracts giant could have the ability to peak at a high of…
Ripple retested the $0.2080 support level against the US Dollar. XRP price is currently rising and it is likely to gain bullish momentum towards $0.2350 unless it breaks the $0.2000 support.Ripple price is trading in a positive zone above the $0.2120 and $0.2080 supports against the US dollar.The bulls are currently attempting an upside break…