A crypto market analyst has suggested that XRP appears to be forming “one of its most significant multi-year structural patterns to date,” which could lead the altcoin to a rally similar to its 2017 expansion. Related Reading XRP Eyes 2017-Like Expansion On Thursday, market observer ChartNerd stated that XRP appears to be repeating a setup…
As Bitcoin (BTC) retests a critical support level, analysts have warned that the leading cryptocurrency is facing its most important week in months, which could make or break its recovery rally. Related Reading Bitcoin Price At A Crossroads On Tuesday, Bitcoin dropped below the $76,000 support for the first time in a week, falling to…
As the end of April approaches, some market observers suggest that Bitcoin (BTC) could be preparing to reclaim a crucial level in the coming days, potentially opening the door to another recovery rally next month. Related Reading Bitcoin Sees First Weekly Close Above Key Levels Bitcoin has closed above a crucial level for the first…
As Bitcoin (BTC) attempts to reclaim a crucial level as support, spot exchange-traded funds (ETFs) based on the flagship cryptocurrency have registered their best performance since the October market crash. Related Reading Bitcoin ETFs ‘Back In The High Life’ US spot Bitcoin ETFs extended their positive streak to eight days after pulling in $223.2 million…
Some crypto analysts have affirmed that Ethereum (ETH) is facing a pivotal moment as it retests a major resistance barrier that could make or break the King of Altcoin’s recovery dreams. Related Reading Ethereum $2,400 Retest: Breakout or Fakeout? On Wednesday, Ethereum jumped 3.6% to retest a crucial resistance area for the third time this…
Bitmine has increased its bet on Ethereum (ETH) with a $137 million purchase, as the King of Altcoins reclaims the crucial $2,150 level, and some market observers call for the end of the crypto market correction. Related Reading Bitmine Adds 65,000 ETH Amid End Of Crypto Winter Calls On Monday, the largest Ethereum treasury in…
As the crypto market bounces, a key indicator has flashed a key bullish signal on the Ethereum (ETH) daily chart, suggesting the end of its six-month downtrend could be near. However, some analysts have warned investors of a possible bull trap and a subsequent reversal to new lows. Related Reading Ethereum Eyes Trend Reversal Ethereum…
Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Related Reading Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the…
While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin. Related Reading Dogecoin Bottom May Be Lower On Monday, Dogecoin bounced 3% from Sunday’s lows and reclaimed the $0.091 level, which had…
As the crypto market bounces from the latest shakeout, Ethereum (ETH) and investment products based on the King of Altcoins recorded a remarkable single-day performance, potentially setting the stage for further recovery. Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and recorded their best single-day in nearly…