price analysis

XRP Price Poised For 90% Rally in Next 3-4 Months – Here’s Why

XRP, Ripple’s digital currency, is facing challenges as it struggles to sustain a value above $0.57 and break through the significant barrier of the 200-day Exponential Moving Average (EMA). XRP is down 3.81% in 24 hours to $0.5308. The cryptocurrency has lost 6.8% of its market value in the past week. Despite a prolonged correction...
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Top 3 Altcoins Poised To Breakout Soon!

Nearly two weeks after the approval and listing of several spot Bitcoin exchange-traded funds (ETFs) in the United States, it is safe to assume that the event had already been priced in during the fourth quarter of 2023 Bitcoin (BTC) bullish breakout. Furthermore, the recent accelerated Bitcoin selloff by whale traders, short-term holders, and miners...
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Shiba Inu’s Whale Interest Drops Despite Bullish Developments! Will SHIB Price Be Impacted?

The meme coin sector remains under bearish pressure as Bitcoin experiences a significant decline, threatening to drop below the $40,000 level. In this situation, the price of Shiba Inu (SHIB) is caught in a downward consolidation trend, facing a low open interest. Despite positive factors like encouraging SHIB burn statistics and continuous network improvements, there’s...
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ENS Price Loses Momentum! Will Ethereum Name Services Hit $15 Soon?

The crypto industry is on the verge of concluding the week on a bearish note as the market has recorded four out of six red days this week. Further, the hype of the ENS price seems to have faded away as the price has been constantly displaying bearish moves since its high of $26 this...
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Is Bitcoin Bull Run Over? PlanB’s Bold BTC Price Prediction

For the first time since September 2023, Bitcoin (BTC) price has consistently closed below the daily 50 Moving Average (MA), thus indicating potential reversals in the near term. The short-term Bitcoin’s bearish outlook is propped up by the possible weekly double-top in addition to the falling divergence on the weekly Relative Strength Index (RSI). Additionally,...
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Flare Token Has Declined Sharply From $0.025 Due To Increasing Selling Pressure! What’s Next For FLR Price?

Flare token has encountered substantial volatility in recent hours as short-term holders capitalized on the recent price rally. FLR token’s price quickly broke above resistance levels following Google’s cloud division (GOOGL) announcement of its participation as a validator and infrastructure provider on the Flare blockchain. However, this surge met considerable selling pressure near the resistance,...
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Bitcoin (BTC) Price To Hit $300-600K This Crypto Bull Run – Predicts Michaël van de Poppe

The next 24 months will be extremely exciting for the cryptocurrency industry which is well described by intense speculation from global investors. The approval of 11 spot Bitcoin exchange-traded funds (ETFs) in the United States has opened floodgates to billions of dollars proliferating into the cryptocurrency market, thus improving the existing liquidity. Furthermore, any investor...
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Cardano Price on the Cusp of Bullish Rally : ADA Price Poised To Hit $0.93 Level Soon

Cardano (ADA) network, a top-rated layer one (L1) blockchain with about $350 million locked by its web3 protocols, is on the final stretch of invalidating the 2022/2023 bear market. Following the 70 percent December breakout, Cardano bulls have enjoyed the upper hand, bolstered by the ongoing altcoin recovery. Moreover, the medium-capped altcoin, with a fully...
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Algorand Price Displays Strong Bearish Move! Will ALGO Price Hit $0.15 Soon?

The crypto industry has displayed a positive uptrend by adding over 7% to its valuation over the past day. Further, the Algorand price has displayed a jump of over 7% within the past day but has lost over 19% over the past week. The ALGO price traded in a consolidated range between $0.1823 and $0.2080...
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SHIB Price Analysis : Shiba Inu Price Teeters on the Edge – Will the Bulls Save The Memecoin?

Following the breakout of the prominent weekly resistance trendline, the SHIB price takes a short stroll above the $0.00001025 level. However, the overhead supply force quickly leads to a retest phase in the first week of January 2024. With a possibility of a bullish failure due to the market-wide fall, Shiba Inu stands at a...
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Cardano Whales Forsee Major Signals: Is ADA Price at the Foothills of Major Explosion?

In the long term, the Cardano price appears to be in the middle of a parabolic recovery, aiming to form a new ATH at the neckline of the curve. Besides, the technical analysis suggests the rally may encounter some bearish action in the coming days. However, the whales appear to have smelt some bullish signals...
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Bitcoin (BTC) Price Could Slide Below $40,000 if Bulls Fail to Defend These Crucial Levels

As the research report of Matrixport analyst Markus Thielen emerged, the Bitcoin (BTC) price suffered a flash crash. The report suggested that the SEC could reject all the ETF applications, which stands in contrast with the other reports. This caused nearly $2 billion of OI to be wiped out of the markets, and more than...
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Lido Dao Price Jumps Over 11%! Is The LDO Token A Good Investment For 2024?

Top cryptocurrencies have displayed a positive start to the year as the industry has witnessed a jump of over 5% in its valuation within the past 24 hours. Further, the LDO price has jumped over 11%, making it one of the top gainers in the crypto space for the past day. The Lido Dao price...
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GRT Price Takes Off With Successful Retest, Eyes $0.20 Breakout!

Speeding up on New Year’s Eve, the GRT price shows a quick overnight rise of 3.20% to tease a bullish comeback. With the strong support at a Fibonacci level leading to an engulfing candle, the Graph token prices may soon continue the prevailing trend.  Despite the lethargic pace of the Bitcoin trend, the overnight fightback...
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Bitcoin Short-Term Analysis: Here are the Crucial Levels BTC Price Needs to Defend!

The Bitcoin price continues to consolidate within the predetermined region, suggesting the token could continue to exhibit a repetitive price action. As the year-end trade is on the horizon, the star crypto is believed to maintain a sideways trend, as the upcoming spot Bitcoin ETF is expected to have a greater impact than the yearly...
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Top Five Altcoins To Watch In January: Solana (SOL), Bonk (BONK), Injective (INJ), Ethereum (ETH) And Chainlink (LINK) Might Dominate

This year witnessed a significant growth in the crypto market, with its total cap doubling. Starting from a low point of $800 billion, the market cap recently peaked at $1.7 trillion, marking the highest level since early May 2022, nearly 20 months prior. Interestingly, this surge is not mainly driven by Bitcoin, as seen in...
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Crypto Market Weekly Review: Altcoins Ascend as Bitcoin Holds Steady

With another eventful week in December ending, let’s delve into a comprehensive analysis of the recent market trends. This week has been a mixed bag, with altcoins showcasing remarkable resilience and strength while Bitcoin consolidates after the recent gains.  The altcoin sector, led by tokens like Solana (SOL), has seen impressive growth, with some tokens...
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Top Altcoins To Watch Next Week: Will Bitcoin’s Declining Dominance Push Solana (SOL), Shiba Inu (SHIB) And Injective (INJ) Prices?

This week began with a downturn in the market, but it has since shown significant recovery, with Bitcoin approaching the $44,000 mark. As a result, major altcoins are seeing a surge in investment, aiding them in surpassing key resistance levels. As the year draws to a close, the upcoming week could bring increased volatility, potentially...
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ORDI Price Surges By 1,800% This Year! What Wait’s For Ordi Price In 2024?

The BRC-20 tokens have gained significant momentum in recent times as major tokens have displayed massive price action during this month. Further, the ORDI price has added over 18% to its portfolio within the past day, indicating a trend reversal in the market. The ORDI coin price traded in a closed range between $18.550 and...
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Crypto’s Next Frontier: a16z’s Bold Predictions for 2024

Venture capital powerhouse a16z has unveiled a comprehensive report for the crypto industry in 2024, focusing on the accelerated adoption of NFTs, the evolution of gaming finance, and advanced blockchain solutions like zkSync. Decentralization, User Experience, and AI Blockchains The report emphasizes the importance of decentralization to distribute power away from central authorities, fostering competition...
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BNB Coin Price Gather Bullish Sentiment! Is Binance Prepared For A Breakout Rally?

The crypto industry continues to display volatile trends as the market constantly faces significant price fluctuations in its value. Further, the BNB coin price displayed a notable uptrend in its value for the first time after a week, indicating a possibility of an increasing bullish sentiment in the crypto space. The Binance coin price traded...
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Dogecoin Aims For $0.2 As Profitable Addresses Hit 2-Year High! Here’s The Next Level For DOGE Price

In recent days, DOGE price has experienced a slight surge, tracking alongside Bitcoin’s move towards the $43K mark. With an uptick in buying interest around current dip, the sentiment is set for a possible breakout for the meme coin. This momentum is supported by various on-chain indicators, particularly the notable increase in profitable Dogecoin addresses,...
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AVAX Price Breakout Point Fuels Avalanche Rally, Eyes $55!

With Bitcoin ending the week on a moody slip, the altcoins market stays divided on the topic, and some altcoins are taking it better than others. For instance, Avalanche (AVAX) price shoots up to give a bullish break of $40.  In the weekly chart, the recovery rally in the AVAX price trend shows a remarkable...
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GRT Price Tests $0.17 Barrier, Eyes 40% Breakout Rally!

Despite the strong and solid bullish breakout rally of a falling wedge pattern, the GRT price hits a bearish roadblock at the $0.1753 level. The breather phase leads to a sharp pullback, allowing the bulls to regain stamina and make a stronger comeback.  With Bitcoin clearing the bearish cloud of air after the sharp fall...
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Shiba Inu’s Netflow Surges As Its Price Recovers! Here’s The Next Level For SHIB Price

Bitcoin price has recently cleared the $41K level after a steep decline following cooling inflation reports. As the Producer Price Index (PPI) for November reported figures lower than anticipated and the Consumer Price Index (CPI) showed a decline, the crypto market experienced a minor buying demand. As a result, meme coins like Shiba Inu’s surge...
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HBAR Price Stagnant Despite Double Bottom Breakout!

With a bullish recovery in motion, the HBAR price takes a second attempt to break above the $0.075 mark. This attempt leads to a bullish pattern in the daily chart and increases the likelihood of a trend continuation. However, the market conditions lead to a short-term red ocean phase for altcoins.  With the pullback in...
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Ethereum Tests Crucial Support As $6.6 Million Liquidated Near $2,250! Will ETH Price Decline Again?

Bitcoin and Ethereum continue to experience price drops in recent hours, marking a bearish start to the week. While this could be a standard correction ahead of a bull run, similar to patterns observed in past bull markets, there is growing worry about whale investors selling for profit, potentially postponing the anticipated bull phase. Ethereum,...
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Injective’s Profit-Making Addresses Reach 97% Amid Intense Market Selloff! Will INJ Price Continue To Rise?

As the second week for crypto trading began, the market slammed the bullish hopes of traders after bringing remarkable surges for over the past few weeks. Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana’s SOL, along with other significant altcoins, were hit by bearish volatility and opened in a downtrend. Despite massive long liquidations,...
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Bitcoin Is Testing Critical Levels, While it May Soon Offer a Great Buying Opportunity!

With the recent upswing, the Bitcoin price appears to be in the final phase of recovery that it triggered after marking the bottoms after the FTX collapse. After maintaining a fine upswing since the start of the year, the BTC price has soared beyond 170% to mark yearly highs close to $44,500. Meanwhile, the price...
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Solana Breaks Its Major Resistance Level! Will THE SOL Price Hit $80 This Month?

The Solana token has witnessed a jump of over 11% in the past 24 hours, making it one of the top gainers of the day. Further, the token has successfully achieved its target price of $70, indicating a massive bullpower in the crypto space. The Solana price traded in a consolidated range between $38.77 and...
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Bitcoin (BTC) $ 94,832.41 1.81%
Ethereum (ETH) $ 3,270.13 2.16%
Tether (USDT) $ 0.996615 0.35%
XRP (XRP) $ 2.17 2.25%
BNB (BNB) $ 655.78 0.48%
Solana (SOL) $ 182.46 0.25%
Dogecoin (DOGE) $ 0.310357 1.36%
USDC (USDC) $ 0.997506 0.26%
Cardano (ADA) $ 0.882077 1.11%
Lido Staked Ether (STETH) $ 3,264.99 2.11%